1 00:00:13,200 --> 00:00:15,900 Yeah welcome to another episode of Simply Bitcoin live. 2 00:00:15,900 --> 00:00:18,100 Your number one source for the peaceful Bitcoin Revolution we 3 00:00:18,100 --> 00:00:19,900 could have breaking news culture matter Warfare we will be your 4 00:00:19,900 --> 00:00:23,900 guide through the separation of money and state man. 5 00:00:23,900 --> 00:00:31,500 Oh man ray dalio when went on MSNBC and it looks like he had 6 00:00:31,500 --> 00:00:36,300 like a realizations on live TV. I think I was I was making the 7 00:00:36,300 --> 00:00:40,200 case to Opti and Russian before before we went live, I think 8 00:00:40,200 --> 00:00:43,500 he's like, 75% of Bitcoin. Owner because he identifies the 9 00:00:43,500 --> 00:00:47,300 problems of you know the current Financial system right he 10 00:00:47,300 --> 00:00:50,900 identifies them and then he asked a very important question 11 00:00:51,300 --> 00:00:53,600 right? And we're going to get into that 12 00:00:53,600 --> 00:00:56,200 important question. I think that's the question that 13 00:00:56,400 --> 00:00:58,700 holding Bitcoin saving a Bitcoin. 14 00:00:58,700 --> 00:01:03,800 I think that inevitably leads. For you to ask this question 15 00:01:03,900 --> 00:01:06,300 like you, it's inevitable that you that you asked this, 16 00:01:06,600 --> 00:01:09,500 especially if you're a big corner, so watching him, go 17 00:01:09,500 --> 00:01:13,400 down, that path is fascinating and we're going to get to who 18 00:01:13,400 --> 00:01:15,200 did Ray dalio is for anyone who doesn't know. 19 00:01:16,300 --> 00:01:20,800 And why he's important when you get into all the details. 20 00:01:21,000 --> 00:01:25,600 And also we're going to cover the ordinals thing which was 21 00:01:25,600 --> 00:01:28,600 it's interesting and I think it really highlights right the 22 00:01:28,600 --> 00:01:34,600 importance of being very careful into adding functionality to 23 00:01:34,600 --> 00:01:38,000 bitcoin, right Bitcoin does one thing very, very good. 24 00:01:38,500 --> 00:01:41,000 We should keep it that way because anything that we add, 25 00:01:41,000 --> 00:01:43,600 there's a trade-off, right? And this might have been a 26 00:01:43,608 --> 00:01:46,100 trade-off. Now, I don't think it's as As as 27 00:01:46,100 --> 00:01:48,900 a big deal as a lot of people say because I think that the fee 28 00:01:48,900 --> 00:01:51,900 Market will take care of it anyways, but we're going to get 29 00:01:51,900 --> 00:01:54,900 into the details of it. Anyways, before we start the 30 00:01:54,900 --> 00:01:57,200 show, I give a shout-out to my awesome Coast. 31 00:01:57,200 --> 00:01:59,400 Are you doing Opti? Don't wonderful man. 32 00:01:59,400 --> 00:02:01,500 It's Friday, you know, it's Friday. 33 00:02:01,600 --> 00:02:03,500 We made it. We made it another week. 34 00:02:04,200 --> 00:02:06,700 Yeah. But I'm excited to hear any good 35 00:02:06,700 --> 00:02:08,800 Jones get get on his soapbox today. 36 00:02:08,800 --> 00:02:12,400 I know, I know we're going to get an Eco Jones rant today, so 37 00:02:12,700 --> 00:02:17,500 it's going to be a good Friday and on the I think I'm going to 38 00:02:17,500 --> 00:02:20,200 bring a little thread in and it's about a topic. 39 00:02:20,200 --> 00:02:23,700 We've been covering a lot here on simply Bitcoin, and it's the 40 00:02:23,700 --> 00:02:27,500 idea that bitcoiners are consistently winning and the all 41 00:02:27,500 --> 00:02:31,900 Corners are irrelevant and we have the real boss, which is the 42 00:02:31,900 --> 00:02:35,900 ultimate altcoin. The US dollar to focus on and 43 00:02:35,900 --> 00:02:39,000 the central Bankers are the ones that we need to focus on and to 44 00:02:39,000 --> 00:02:41,800 stay having the winning mentality that bitcoiners are 45 00:02:41,800 --> 00:02:44,500 winning. Alright, anyways, nigga, go on 46 00:02:44,900 --> 00:02:46,200 everybody. Let's start the show. 47 00:02:46,200 --> 00:02:51,700 Let's do this. Coin members brought to you by 48 00:02:51,700 --> 00:02:53,600 novel. At this point, you should be 49 00:02:53,600 --> 00:02:56,100 running your own Bitcoin note. If you don't use your own 50 00:02:56,100 --> 00:02:59,400 Bitcoin node, you're trusting someone else's run your own 51 00:02:59,400 --> 00:03:01,500 version of Bitcoin core. The lightning Network, 52 00:03:01,500 --> 00:03:05,500 whirlpool, and Dojo all from the comfort of your own home. 53 00:03:05,800 --> 00:03:08,800 And if your digital Nomad, you have absolutely no excuse 54 00:03:08,800 --> 00:03:11,700 because now you can run a novel through a virtual private 55 00:03:11,700 --> 00:03:15,100 server. Visit not L.E you today All 56 00:03:15,100 --> 00:03:17,400 right, everybody before we start the numbers, I want to give a 57 00:03:17,408 --> 00:03:21,800 shout-out to the biggest Bitcoin Conference of the Year Bitcoin. 58 00:03:21,900 --> 00:03:24,800 2023 is going to be in Miami Beach. 59 00:03:24,800 --> 00:03:29,300 Florida from May 18th through the 20th, you can use the promo 60 00:03:29,300 --> 00:03:33,400 code simply to get a 10% discount on your tickets. 61 00:03:33,600 --> 00:03:35,200 Let's check out some of the speakers. 62 00:03:35,200 --> 00:03:40,200 They're absolutely crazy speaker list. 63 00:03:40,200 --> 00:03:45,100 Includes Michael sailor, Lynn Alden Alex gladstein Mado de All 64 00:03:45,300 --> 00:03:48,400 or eclipsed in Stacy, Herbert, and many, many more guys. 65 00:03:48,400 --> 00:03:50,200 You definitely don't want to miss this opting. 66 00:03:50,200 --> 00:03:54,400 I are going to be there as well. Get your tickets to bitcoin 2023 67 00:03:54,400 --> 00:03:57,000 today. Anyways, at the time of 68 00:03:57,100 --> 00:04:04,800 recording, the Bitcoin price is 23,500 545 SATs per dollar 4246 69 00:04:04,900 --> 00:04:09,400 block height 774 1891 reachable, Bitcoin nodes. 70 00:04:09,400 --> 00:04:12,000 Fourteen thousand, three hundred forty, three blocks of The 71 00:04:12,000 --> 00:04:18,100 Happening. 65,000 109 Having estimate April 24, 20, 24, total 72 00:04:18,100 --> 00:04:23,400 lightning network capacity, 5315 capacity value. 125 million 73 00:04:23,400 --> 00:04:27,500 dollars realized monetary inflation 1.76 percent and the 74 00:04:27,500 --> 00:04:33,400 market capitalization of Bitcoin is 454 billion dollars with a 75 00:04:33,400 --> 00:04:38,300 be. Anyways so this Ray dalio clip 76 00:04:38,800 --> 00:04:41,600 came out and remember this this this thing come from anywhere 77 00:04:41,600 --> 00:04:45,900 like this has been developing for a while he's been Saying is 78 00:04:45,900 --> 00:04:48,700 ideas on bitcoin. He went from absolutely being a 79 00:04:48,708 --> 00:04:51,400 Bitcoin hater to being a Bitcoin fan. 80 00:04:51,400 --> 00:04:55,500 So he's kind of like flip flop here and there, but I think he's 81 00:04:55,500 --> 00:04:59,800 coming to the inevitable back. The inevitable realization about 82 00:04:59,800 --> 00:05:04,900 Bitcoin and the questions that Bitcoin makes you ask about 83 00:05:04,900 --> 00:05:07,300 money, which I think is so fascinating, because I think 84 00:05:07,300 --> 00:05:11,100 we've all been there, especially, especially, if, you 85 00:05:11,100 --> 00:05:14,600 know, if you've been in Bitcoin for a little bit anyways. 86 00:05:14,700 --> 00:05:17,100 Ways, let's check out the clip and then we'll talk about it. 87 00:05:18,900 --> 00:05:21,500 You know, quite amazing that for 12 years, it's accomplishments, 88 00:05:21,900 --> 00:05:25,800 but I think it has no relation to anything, okay? 89 00:05:25,800 --> 00:05:28,100 In other words, it moves, it has no relation. 90 00:05:28,300 --> 00:05:31,600 It's a tiny thing. That's gets a disproportionate 91 00:05:31,600 --> 00:05:34,100 attention. You know, the value of crypto 92 00:05:34,100 --> 00:05:38,800 equipped Bitcoin is less than a third of the value of Microsoft 93 00:05:38,800 --> 00:05:43,200 stock you could go into Industries biotech and many 94 00:05:43,200 --> 00:05:45,800 other Industries, a more interesting than Bitcoin. 95 00:05:46,000 --> 00:05:48,200 It's not going to be an effective money, it's not it. 96 00:05:48,400 --> 00:05:50,900 The store hold of wealth. It's not an effective medium of 97 00:05:50,900 --> 00:05:57,100 exchange, but we are in a world in which money as we know it is 98 00:05:57,100 --> 00:06:00,600 in Jeopardy, right? We are printing too much and 99 00:06:00,600 --> 00:06:03,700 it's not just the United States, all the reserve currencies the 100 00:06:03,700 --> 00:06:07,000 year, what's going on in your land, what's going on in Yen? 101 00:06:07,200 --> 00:06:10,600 And so, in that world, the question is, what is money? 102 00:06:10,600 --> 00:06:14,200 And how's that going to operate? I think the question over the 103 00:06:14,200 --> 00:06:17,900 next number of years is really what is money? 104 00:06:17,900 --> 00:06:20,600 Not just as a medium of exchange but a store hold of. 105 00:06:20,600 --> 00:06:24,600 Well that sounds like a argument for Bitcoin at some point or 106 00:06:24,600 --> 00:06:25,100 first. Son. 107 00:06:26,900 --> 00:06:30,100 Maybe I think if you want if you want a digital currency you have 108 00:06:30,100 --> 00:06:32,500 to deal something different. I don't think that the stable 109 00:06:32,500 --> 00:06:36,500 coins are good because then you're getting a fiat currency 110 00:06:36,500 --> 00:06:38,400 again. I think that what you really 111 00:06:38,400 --> 00:06:43,500 would, what would be best is and inflation-linked coin, right? 112 00:06:43,500 --> 00:06:47,400 Another words something where basically you would say, okay 113 00:06:47,400 --> 00:06:51,200 this is going to give A buying power, because every individual 114 00:06:51,200 --> 00:06:54,600 wants what do they want? They want to secure their buying 115 00:06:54,600 --> 00:06:57,300 power. And if you want to save, now if 116 00:06:57,300 --> 00:06:59,500 you put it in Bitcoin, it goes like this. 117 00:06:59,500 --> 00:07:02,500 Who knows what happens if you put it into something, the 118 00:07:02,500 --> 00:07:05,900 closest thing to that is inflation-indexed bonds and so 119 00:07:05,900 --> 00:07:08,000 on. But if you put, if you created a 120 00:07:08,000 --> 00:07:11,500 coin that says, okay, this is buying power that I know I could 121 00:07:11,500 --> 00:07:15,200 save and and put my money and over a period of time and then I 122 00:07:15,208 --> 00:07:18,600 can transact and anywhere. I think that that Would be a 123 00:07:18,600 --> 00:07:22,500 good coin but you so I think you're going to see probably the 124 00:07:22,500 --> 00:07:25,800 development of coins that you haven't seen. 125 00:07:26,100 --> 00:07:29,000 That probably will end up being attractive. 126 00:07:29,200 --> 00:07:32,000 Viable coins. I don't think Bitcoin is it so I 127 00:07:32,000 --> 00:07:34,900 want to go back to the mark. Oh man. 128 00:07:34,900 --> 00:07:38,900 Oh man, the the real is the slow realizations. 129 00:07:39,000 --> 00:07:42,600 Like he, I think he's like realizing like, you know, like 130 00:07:43,100 --> 00:07:45,700 the printing too much money their needs. 131 00:07:45,700 --> 00:07:48,100 It's not Bitcoin. It's not stable coins because 132 00:07:48,100 --> 00:07:50,800 they Solve the problem of Fiat needs to, but it needs to have 133 00:07:50,800 --> 00:07:55,300 inflation in there and then that kind of goes back to what we 134 00:07:55,300 --> 00:07:57,500 were saying about Warren Buffett. 135 00:07:57,600 --> 00:08:00,500 Sorry Charlie Munger yesterday, right? 136 00:08:00,500 --> 00:08:04,500 Which is like the continuing heirs are trying to justify the 137 00:08:04,500 --> 00:08:07,300 continuation of how it is. They got rich in the first 138 00:08:07,300 --> 00:08:09,500 place. Even though the majority of 139 00:08:09,500 --> 00:08:12,400 people did not benefit from that system, right? 140 00:08:12,400 --> 00:08:15,500 It was only the people that had the means to save and assets 141 00:08:15,500 --> 00:08:18,200 that benefited from asset inflation real work wasn't 142 00:08:18,300 --> 00:08:20,200 Rewarded during that time, right? 143 00:08:20,200 --> 00:08:22,300 In fact, it's stayed relatively the same. 144 00:08:22,700 --> 00:08:27,700 So just fascinating to see. But like, like I said, like 145 00:08:27,700 --> 00:08:30,300 Bitcoin is inevitable. Like he's coming to this 146 00:08:30,300 --> 00:08:33,799 inevitable conclusion. Even if it's ever, so slowly so 147 00:08:33,900 --> 00:08:37,200 slowly, right? Like he's like, oh man, like 148 00:08:37,600 --> 00:08:40,600 that's right, but it can't be Bitcoin like it's volatile like 149 00:08:40,600 --> 00:08:42,799 yeah, we've said that many times, like that's their 150 00:08:42,799 --> 00:08:44,700 favorite excuse. Like, that's the excuse that 151 00:08:44,700 --> 00:08:46,300 Justin Trudeau said the other day, right? 152 00:08:46,300 --> 00:08:49,300 It's volatile but it's like Fine. 153 00:08:49,600 --> 00:08:52,600 You're right. It's volatile but like it's been 154 00:08:52,800 --> 00:08:56,400 going up into the right last 10 years. 155 00:08:56,800 --> 00:09:00,200 So it's like if something goes up into the right like like does 156 00:09:00,200 --> 00:09:03,900 it really like I think the volatility is necessary in order 157 00:09:03,900 --> 00:09:06,400 to achieve those crazy gains, right? 158 00:09:06,500 --> 00:09:10,300 That Bitcoin has done right now doesn't mean it's going to be as 159 00:09:10,300 --> 00:09:15,600 volatile as it was in the past. But dude, like I mean, I think 160 00:09:15,600 --> 00:09:20,400 that's the that's the price you pay as Bitcoin I like finds like 161 00:09:20,400 --> 00:09:23,400 what the market feels like. Is that the store value price? 162 00:09:23,600 --> 00:09:26,600 Now, I think it's going to get to a point where the Bitcoin 163 00:09:26,600 --> 00:09:31,000 market cap is going to be so big that the price movements are 164 00:09:31,000 --> 00:09:33,200 definitely not going to be as crazy. 165 00:09:33,500 --> 00:09:36,300 And then perhaps, when that happens, it's slowly migrates 166 00:09:36,300 --> 00:09:38,500 into a medium of exchange, right? 167 00:09:38,600 --> 00:09:42,200 But I mean it still needs to get there like what did he expect 168 00:09:42,200 --> 00:09:45,300 for it to happen overnight you know like that that's the only 169 00:09:45,300 --> 00:09:49,000 criticism of Bitcoin, right? It's like if Didn't have the 170 00:09:49,008 --> 00:09:50,800 volatility then what would they say? 171 00:09:51,000 --> 00:09:52,500 Like, what would their response to be? 172 00:09:52,700 --> 00:09:54,300 That? I think the next response is 173 00:09:54,300 --> 00:09:56,900 like a currency needs to have inflation, right? 174 00:09:56,900 --> 00:09:58,300 Like the, I think that's the next one. 175 00:09:58,300 --> 00:10:00,600 Like it makes sense. Why Ray dalio would say that 176 00:10:00,600 --> 00:10:04,200 he's benefited tremendously from that system, but the average 177 00:10:04,200 --> 00:10:06,600 Joe, the average person, the working class. 178 00:10:07,100 --> 00:10:10,900 Nah, they have it, they got screwed, especially, like, if 179 00:10:10,900 --> 00:10:13,900 you're, if you're under the age of 35, you got, you literally 180 00:10:13,900 --> 00:10:18,000 got the short end of the stick really badly, right? 181 00:10:18,400 --> 00:10:21,800 And at least for me Bitcoin was my way out Bitcoin, you know, 182 00:10:21,800 --> 00:10:25,500 like I was like dude like f the system this is screwed. 183 00:10:25,800 --> 00:10:29,700 I'm going to save him Bitcoin, you know, think long-term and 184 00:10:29,700 --> 00:10:32,600 dude that's that's what I chose anyways, bro. 185 00:10:32,600 --> 00:10:35,800 Like it's fascinating and I think what's going to be even 186 00:10:35,800 --> 00:10:39,600 more fascinating Opti, is that in the next five years as nine? 187 00:10:39,600 --> 00:10:43,300 Bouquet Lee and Michael sailor become Vindicated, right? 188 00:10:43,300 --> 00:10:46,200 Their ideas become Vindicated, it's going to be interesting. 189 00:10:46,200 --> 00:10:50,600 Watching a lot of the most Powerful people in the world, go 190 00:10:50,600 --> 00:10:53,200 through that mental process. And for anyone who doesn't know 191 00:10:53,200 --> 00:10:56,300 Ray dalio is currently or he was. 192 00:10:56,300 --> 00:10:59,300 I think he might have retired but he founded this company 193 00:10:59,300 --> 00:11:03,800 called Bridgewater. Bridgewater Associates is the 194 00:11:03,800 --> 00:11:05,900 largest hedge fund in America, right? 195 00:11:05,900 --> 00:11:09,800 So this guy's definitely influential what he says, you 196 00:11:09,800 --> 00:11:12,600 know, holds a lot of weight. And it's interesting to see 197 00:11:12,600 --> 00:11:16,300 where he is at, in his Bitcoin journey. 198 00:11:16,300 --> 00:11:19,800 I think it all roads. Lead to the same destination. 199 00:11:19,800 --> 00:11:21,700 I think it's just a matter of time bro. 200 00:11:21,700 --> 00:11:25,000 Like it. And you could see like the the 201 00:11:25,000 --> 00:11:29,200 transition he went from this thing's a scam to know this 202 00:11:29,200 --> 00:11:32,800 thing works to you know like it's like ever so slowly. 203 00:11:32,800 --> 00:11:35,400 It's moving in the right direction, it's just taking a 204 00:11:35,400 --> 00:11:36,600 while. Anyways, Opti, what are your 205 00:11:36,600 --> 00:11:40,800 thoughts, bro? Well as everyone saying in the 206 00:11:40,800 --> 00:11:43,400 chat love to see the Fiat brains, dude. 207 00:11:43,400 --> 00:11:47,400 The mental gymnastics to try to understand what Bitcoin is or 208 00:11:47,400 --> 00:11:52,000 rather just To understand the phenomenon of people, adopting 209 00:11:52,000 --> 00:11:54,900 Bitcoin and there's a few things he said, you know, like Bitcoin 210 00:11:54,900 --> 00:11:59,100 has no relation to anything. I mean I would argue that Fiat 211 00:11:59,100 --> 00:12:02,300 has no relation to anything. They literally print the money 212 00:12:02,300 --> 00:12:04,400 out of thin air. You know, Bitcoin is at least 213 00:12:04,400 --> 00:12:08,100 linked to energy another point. And, and I think this is kind of 214 00:12:08,100 --> 00:12:11,100 the big point that you said about Bridgewater. 215 00:12:11,100 --> 00:12:13,200 You know, he said Bitcoin is a tiny thing that gets 216 00:12:13,200 --> 00:12:17,200 disproportionate attention and this is why the big investor 217 00:12:17,200 --> 00:12:19,800 stay away from bit. Coin because it is a tiny Market 218 00:12:19,800 --> 00:12:23,100 where what I'd like you know point four trillion dollar 219 00:12:23,100 --> 00:12:27,800 market cap like if these big investors do invest in Bitcoin, 220 00:12:27,800 --> 00:12:30,300 like they will move the needle and they will you know, 221 00:12:30,300 --> 00:12:34,400 quote-unquote legitimize Bitcoin and then the race is really 222 00:12:34,400 --> 00:12:39,600 start but I think the signal in here is the question that he 223 00:12:39,600 --> 00:12:41,100 asked, you know, like what is money. 224 00:12:41,200 --> 00:12:44,800 That is the question that we all inevitably get to bitcoin and 225 00:12:44,800 --> 00:12:47,300 the way he put it, you know, money as we know it is in 226 00:12:47,300 --> 00:12:50,800 Jeopardy because Is as we continuously cover here on the 227 00:12:50,800 --> 00:12:54,900 show, as we continuously see in the Bitcoin space, the Fiat 228 00:12:54,900 --> 00:13:00,400 system, the the Fiat currencies of the world are cracking in 229 00:13:00,400 --> 00:13:04,200 real time and and they're doing their best to try to stop the 230 00:13:04,200 --> 00:13:07,700 damn from completely breaking and people that are paying 231 00:13:07,700 --> 00:13:10,200 attention, like us bitcoiners are seeing the writing on the 232 00:13:10,200 --> 00:13:13,300 wall and this is why we are in Bitcoin, but I think the the, 233 00:13:13,500 --> 00:13:16,500 the funny part everyone was laughing it in the chat as well. 234 00:13:17,000 --> 00:13:20,100 What do you say the Inflation-linked coin, like 235 00:13:20,100 --> 00:13:22,800 Lola. What like he even started before 236 00:13:22,800 --> 00:13:27,200 he even said that he started by saying stable coins are 237 00:13:27,200 --> 00:13:30,900 basically the Fiat system built again and then he did this whole 238 00:13:30,900 --> 00:13:34,700 mental gymnastics of like, wait, but why people are adopting 239 00:13:34,700 --> 00:13:36,200 Bitcoin? We're going to need a new 240 00:13:36,200 --> 00:13:39,900 technology, a new coin, that is linked to inflation. 241 00:13:39,900 --> 00:13:42,300 So that people. What do you say? 242 00:13:42,300 --> 00:13:47,200 Secure their buying power. Like, he's basically describing 243 00:13:47,200 --> 00:13:51,000 Bitcoin sad. Are my stable coin and he just 244 00:13:51,000 --> 00:13:54,500 he again it's just when your brain is so saturated with the 245 00:13:54,500 --> 00:13:57,700 Fiat system. It's very hard to think outside 246 00:13:57,700 --> 00:14:01,400 of that system and I think this is why a lot of us Millennials. 247 00:14:01,400 --> 00:14:06,400 And and Zoomers in general, are so easily adaptable to bitcoin 248 00:14:06,700 --> 00:14:10,300 is because a lot of us have opted out of the madness and we 249 00:14:10,300 --> 00:14:12,300 didn't want to partake in the Fiat system. 250 00:14:12,300 --> 00:14:14,300 So we don't have to relearn what money is. 251 00:14:14,300 --> 00:14:17,500 We're just learning what money is in real-time with Bitcoin and 252 00:14:17,500 --> 00:14:19,700 we're learning. How to build on that Bitcoin 253 00:14:19,700 --> 00:14:22,700 standard and so we don't have to deal with these mental 254 00:14:22,700 --> 00:14:26,200 gymnastics that you know, the Charlie munger's and the ray 255 00:14:26,200 --> 00:14:32,000 dalio is of the world have to go through to not only like appease 256 00:14:32,000 --> 00:14:36,800 their own knowledge but also try not to look dumb because you 257 00:14:36,800 --> 00:14:41,200 know, the normal view of money is is what the Fiat World tells 258 00:14:41,200 --> 00:14:43,800 you what up? What does that mean Opti or does 259 00:14:43,800 --> 00:14:45,800 that mean? Which one I'm new to bitcoin? 260 00:14:45,800 --> 00:14:46,900 I'm here? Yeah yeah. 261 00:14:48,200 --> 00:14:50,400 Exactly. Like that's exactly what it's 262 00:14:50,400 --> 00:14:52,500 like. Any other one where they, you 263 00:14:52,500 --> 00:14:55,700 know, they're putting the square meme in the Square block into 264 00:14:55,700 --> 00:14:58,200 the circle. Like this is what I see so many 265 00:14:58,200 --> 00:15:00,000 people coming from the Fiat world. 266 00:15:00,700 --> 00:15:06,100 Do they try to fit Bitcoin not only in the memetics of the Fiat 267 00:15:06,100 --> 00:15:09,600 world but they try to fit it into their world view where all 268 00:15:09,600 --> 00:15:12,000 of us are like yell you know you don't change Bitcoin. 269 00:15:12,000 --> 00:15:15,100 Bitcoin changes you to opens up a whole new perspective of what 270 00:15:15,100 --> 00:15:18,000 life can be and this is what the Bitcoin standard provides. 271 00:15:18,100 --> 00:15:21,100 It's a men to that brother. Alright everybody, let's get to 272 00:15:21,108 --> 00:15:22,700 the news. We got a lot to talk about. 273 00:15:25,500 --> 00:15:28,800 The Daily News brought to you by block stream. 274 00:15:28,800 --> 00:15:31,500 Jade built by bitcoiners for bitcoiners. 275 00:15:31,500 --> 00:15:34,500 It's an open-source Hardware wallet for the cold storage of 276 00:15:34,500 --> 00:15:38,400 Bitcoin block stream. Jade houses a full-color camera 277 00:15:38,600 --> 00:15:41,700 allowing for fully are gaps. Bitcoin, transactions, scan and 278 00:15:41,700 --> 00:15:45,300 display QR codes directly on the device to sign, transactions and 279 00:15:45,300 --> 00:15:48,100 verify addresses. With ease, use your block 280 00:15:48,100 --> 00:15:50,400 stream. Jade with your favorite wallet 281 00:15:50,400 --> 00:15:53,700 software such as the block stream, green, blue wallet. 282 00:15:53,800 --> 00:15:56,600 Trump and Sparrow. Get yourself a block stream Jade 283 00:15:56,600 --> 00:15:59,500 today and take self custody of your Bitcoin. 284 00:16:00,000 --> 00:16:03,600 All right everybody this was making quite a splash and a lot 285 00:16:03,600 --> 00:16:08,500 of people asked us to cover. It Bitcoin Community erupts in 286 00:16:08,500 --> 00:16:13,400 existential debate over nft project ordinals some are 287 00:16:13,400 --> 00:16:16,100 calling the new protocol which stores and if T's on Blick 288 00:16:16,100 --> 00:16:19,100 Bitcoin and attack on the Block chains, original Mission to 289 00:16:19,100 --> 00:16:22,200 conduct Financial transactions. Others say the new use case 290 00:16:22,200 --> 00:16:25,000 should be embraced alongside Side, other demands for Block 291 00:16:25,000 --> 00:16:26,700 space. This month's tape. 292 00:16:26,700 --> 00:16:29,500 You de Beaute on the ordinal ordinals protocol, which stores 293 00:16:29,500 --> 00:16:32,500 not n FTS on the Bitcoin. Blockchain is driving a wedge 294 00:16:32,500 --> 00:16:35,000 between Bitcoin, purists who say the blockchain should be 295 00:16:35,000 --> 00:16:36,700 restricted to financial transactions. 296 00:16:36,900 --> 00:16:40,000 And those who seek the network as large and versatile enough to 297 00:16:40,000 --> 00:16:42,900 host a range of use cases, even if that memes. 298 00:16:43,000 --> 00:16:47,900 Meme themed art. Now, here my to SATs on this, I 299 00:16:47,900 --> 00:16:53,500 think that like I mean don't we believe in free markets like 300 00:16:53,600 --> 00:16:57,400 someone wants to pay you know it's expensive if someone wants 301 00:16:57,400 --> 00:17:01,500 to pay that too like store you know it's not even the jpeg. 302 00:17:01,500 --> 00:17:03,900 It's I get I believe it's like a hash of it. 303 00:17:04,900 --> 00:17:08,700 Like what does it matter to me? Like like if they want to pay 304 00:17:08,700 --> 00:17:11,900 that sweet, I just don't think it's economically viable 305 00:17:11,900 --> 00:17:16,099 long-term for you to like continuously do this on the 306 00:17:16,099 --> 00:17:20,400 Bitcoin blockchain and And I was on PT session show last night, 307 00:17:20,800 --> 00:17:23,000 and for my understanding, he said that this has happened in 308 00:17:23,000 --> 00:17:24,700 the past. We're like there used to be like 309 00:17:24,700 --> 00:17:30,200 this dice game and it used to fill a lot of the block and and 310 00:17:30,300 --> 00:17:32,400 you know, that was a problem. But what happened is? 311 00:17:32,400 --> 00:17:36,200 It just became so expensive and I think that this is the same 312 00:17:36,200 --> 00:17:38,700 story repeating itself. I think we have to be very 313 00:17:38,700 --> 00:17:44,000 careful when we ask miners to censor and stuff but then also 314 00:17:44,400 --> 00:17:47,200 this is one of the unintended consequences. 315 00:17:47,500 --> 00:17:51,400 Of adding features to bitcoin. This is part of the Taproot 316 00:17:51,400 --> 00:17:54,400 upgrade, right? And the vast majority of the 317 00:17:54,400 --> 00:17:57,700 community went along with Taproot, they don't have any 318 00:17:57,700 --> 00:18:02,800 problems with Tap Root and, you know, when you change things, 319 00:18:03,400 --> 00:18:06,600 there's unintended consequences and this is an unintended 320 00:18:06,600 --> 00:18:08,800 consequence. And this is why we have to be 321 00:18:08,808 --> 00:18:11,900 very careful and why bitcoiners are so hell-bent on. 322 00:18:11,900 --> 00:18:14,600 Let's just leave it as awesome money. 323 00:18:14,600 --> 00:18:17,800 Like, we know what happens when you go the other, The other 324 00:18:17,800 --> 00:18:20,800 direction, you start adding a ton of functionality, you create 325 00:18:21,000 --> 00:18:24,200 a centralized frankenstein-like aetherium right? 326 00:18:24,200 --> 00:18:28,000 And think about it, right? So if you want to add more 327 00:18:28,000 --> 00:18:31,900 functionality it requires more resources to run that said 328 00:18:31,900 --> 00:18:36,000 software and what tends to happen if that if it requires a 329 00:18:36,000 --> 00:18:39,100 certain amount of resources, then the barrier to entry is 330 00:18:39,100 --> 00:18:41,200 very high. So if you want to run your own 331 00:18:41,200 --> 00:18:45,400 Nur node, or your own, just your own computer running that it 332 00:18:45,400 --> 00:18:47,600 requires a certain amount of hardware, Right? 333 00:18:47,600 --> 00:18:49,700 That's why Bitcoin is the way it is. 334 00:18:49,700 --> 00:18:51,700 That's why the block size is the way it is. 335 00:18:51,900 --> 00:18:56,800 So the barrier to entry is relatively low and anybody could 336 00:18:56,800 --> 00:19:00,200 buy or build their own node and it's not going to break the 337 00:19:00,200 --> 00:19:02,300 bank, right? And then that causes 338 00:19:02,300 --> 00:19:06,100 decentralization versus centralization, so I think we 339 00:19:06,108 --> 00:19:09,800 have to be very careful, right? And I think this is an example 340 00:19:09,800 --> 00:19:12,100 of that narwhal. Taco says, ordinals offers 341 00:19:12,400 --> 00:19:15,100 offers minimal benefits of Bitcoin, but adds extremely 342 00:19:15,100 --> 00:19:18,400 high-risk Bitcoin can't afford to trigger the blowback, this 343 00:19:18,400 --> 00:19:21,600 could cause not right now. Like I said, dude, I think that 344 00:19:21,600 --> 00:19:24,200 the economics are on our side and the think Market forces are 345 00:19:24,208 --> 00:19:26,900 just going to do with Market forces do like I think this is 346 00:19:26,900 --> 00:19:31,100 just expensive anyways or nose in its current form wouldn't be 347 00:19:31,100 --> 00:19:33,600 possible without Bitcoin to an a Bitcoins 2017. 348 00:19:33,600 --> 00:19:37,600 Seg wit upgrade, and the more recent Taproot upgrade said 349 00:19:37,600 --> 00:19:40,000 would help scale Bitcoin by introducing a block field to 350 00:19:40,000 --> 00:19:43,100 hold witness data signatures and public keys, for Bitcoin 351 00:19:43,100 --> 00:19:45,800 transactions, potential vulnerabilities Force developers 352 00:19:45,800 --> 00:19:49,500 to impose limits on the size. That data when Taproot came 353 00:19:49,500 --> 00:19:52,400 along, it resolved, those security concerns allowing the 354 00:19:52,400 --> 00:19:56,300 old segregate segue restrictions to be removed and Paving the way 355 00:19:56,300 --> 00:19:59,200 for large chunks of nft data to be stored on Chaine. 356 00:19:59,400 --> 00:20:02,600 Turns out, it's the perfect foundation for ordinals, the new 357 00:20:02,600 --> 00:20:06,000 protocol has reignited and old age debate on what their Bitcoin 358 00:20:06,000 --> 00:20:08,000 should be used for non Financial purposes. 359 00:20:08,300 --> 00:20:11,100 In 2010, they're synonymous inventor of Bitcoin, Satoshi 360 00:20:11,100 --> 00:20:12,800 Nakamoto answered with a resounding. 361 00:20:12,800 --> 00:20:16,700 No, I agree with that long before ordinals a few old school 362 00:20:16,700 --> 00:20:18,400 Bitcoin. Has floated the idea of 363 00:20:18,400 --> 00:20:23,200 incorporating a domain name system or DNS into Bitcoin the 364 00:20:23,200 --> 00:20:26,400 project dubbed bit. DNS was quickly shot down by 365 00:20:26,400 --> 00:20:29,900 Satoshi quote filing every proof-of-work Quorum system in 366 00:20:29,900 --> 00:20:33,800 the world into one data set, doesn't scale, Satoshi wrote, 367 00:20:33,800 --> 00:20:37,700 sealing, the fate of bit DNS, which eventually morphed into a 368 00:20:37,700 --> 00:20:40,600 separate chain called namecoin with that. 369 00:20:40,600 --> 00:20:42,900 As the backdrop, some members of the Bitcoin Community are 370 00:20:42,900 --> 00:20:45,400 characterizing the nft project as an attack. 371 00:20:45,400 --> 00:20:47,200 Even as others move to embrace it. 372 00:20:47,400 --> 00:20:50,500 Quote my response to that is, you know, Bitcoin isn't really 373 00:20:50,500 --> 00:20:54,500 for anything it just exists Radha, more explained quote. 374 00:20:54,500 --> 00:20:58,600 It has a really transcended the intentions of its creators of of 375 00:20:58,600 --> 00:21:00,900 its creator. The protocols opponents argue 376 00:21:00,900 --> 00:21:03,000 that ordinals will compete with traditional payment, 377 00:21:03,000 --> 00:21:06,200 transactions by crowding, blocks and driving of transaction fees 378 00:21:07,000 --> 00:21:10,800 rather more disagrees quote to say that I to say to that, I 379 00:21:10,800 --> 00:21:14,700 say, well there's the fee market pricing mechanism that Bitcoin 380 00:21:14,700 --> 00:21:18,100 has and that lets people pay them out of Fees according to 381 00:21:18,100 --> 00:21:20,600 how valuable doing the transaction is to them. 382 00:21:21,400 --> 00:21:24,400 Quote and that applies, both to financial transactions and to 383 00:21:24,400 --> 00:21:26,500 inscriptions. And so the market, the fee 384 00:21:26,500 --> 00:21:29,800 Market already handles what people pay for transactions and 385 00:21:29,800 --> 00:21:32,300 what they think they're worth and then miners just pick the 386 00:21:32,300 --> 00:21:33,800 transaction with the highest fees. 387 00:21:34,000 --> 00:21:37,300 So it all sorts of sort of fits into Bitcoin security and 388 00:21:37,300 --> 00:21:40,800 incentive model. So tosi's cheating didn't settle 389 00:21:40,800 --> 00:21:43,600 the debate and two opposing School, schools of thought 390 00:21:43,600 --> 00:21:46,200 emerged, those who support Financial applications on 391 00:21:46,200 --> 00:21:48,400 bitcoin. And those Who were against it 392 00:21:50,000 --> 00:21:52,100 Rod. Omer has poured gasoline into 393 00:21:52,100 --> 00:21:55,000 the fiery debate with the launch of ordinals quote. 394 00:21:55,000 --> 00:21:59,000 It's also fair game for miners to censor the crap as a form of 395 00:21:59,000 --> 00:22:02,700 discouragement said, block Stream, CEO and black stream 396 00:22:02,700 --> 00:22:06,600 c.e.o Adam back. He later D deleted that tweet 397 00:22:06,800 --> 00:22:11,300 and he followed with I retracted / deleted that as it was stupid 398 00:22:11,300 --> 00:22:14,200 and getting a misinterpreted or so. 399 00:22:14,200 --> 00:22:18,300 I mean look like clearly it's you know, it's It's definitely 400 00:22:18,500 --> 00:22:23,000 made people feel passionately about this certain subject and 401 00:22:23,000 --> 00:22:28,100 I'll tell you how I feel like I think Bitcoin should stay doing 402 00:22:28,100 --> 00:22:30,600 what but again, this is my personal opinion, I think 403 00:22:30,600 --> 00:22:34,600 Bitcoin should stay doing what it does best and that is the 404 00:22:34,600 --> 00:22:36,700 best sound as money the world has ever seen. 405 00:22:37,000 --> 00:22:39,700 I think that if you start adding trade out, like if you start 406 00:22:39,700 --> 00:22:42,000 adding functionality, there will be trade-offs. 407 00:22:42,400 --> 00:22:45,400 And I think those trade-offs will inevitably lead to 408 00:22:45,800 --> 00:22:48,400 unintended consequences. And the more, the more 409 00:22:48,400 --> 00:22:50,000 centralization of Bitcoin, right? 410 00:22:50,000 --> 00:22:52,900 The more trade off, the more functionality added the higher, 411 00:22:52,900 --> 00:22:54,700 the resource, requirement the higher, the resource, 412 00:22:54,700 --> 00:22:57,600 requirement, the higher the centralization, what makes 413 00:22:57,600 --> 00:23:01,400 Bitcoin unique versus all the other cryptocurrencies and its 414 00:23:01,400 --> 00:23:04,500 high decentralization. So that is my main priority. 415 00:23:04,500 --> 00:23:07,200 That's what I'm looking at it. And I also like I'm not a really 416 00:23:07,200 --> 00:23:12,000 big fan of and of TS like you can what is it like call control 417 00:23:12,000 --> 00:23:14,500 C and just do an exact photo copy of it. 418 00:23:14,500 --> 00:23:17,600 Like what is that about? And then it's like oh Oh well, 419 00:23:17,600 --> 00:23:20,500 like, it's art on the blockchain, and my response to 420 00:23:20,500 --> 00:23:23,900 my response would be that. Like you can't copy art. 421 00:23:24,200 --> 00:23:27,100 Like, if I like bring a Picasso and I'm like, I show this 422 00:23:27,100 --> 00:23:29,200 Picasso and you're like, oh, I took a picture of it. 423 00:23:29,200 --> 00:23:30,800 Yeah, that's a picture of the Picasso. 424 00:23:31,000 --> 00:23:33,800 I'm actually holding the Picasso, like, good luck. 425 00:23:33,800 --> 00:23:36,900 Trying to copy it, bro. Versus like an N of T is like, 426 00:23:36,900 --> 00:23:40,300 literally control C. And then you can make an exact 427 00:23:40,300 --> 00:23:43,500 replica of what it was. You're holding like, the only 428 00:23:43,500 --> 00:23:46,600 thing you can't like really matches the hash, right? 429 00:23:47,300 --> 00:23:52,100 But like the actual image of which you're paying for of what 430 00:23:52,100 --> 00:23:54,600 your so-called storing these things like you can make an 431 00:23:54,600 --> 00:23:57,500 exact photo copy of it. So like I just think like the 432 00:23:57,500 --> 00:23:59,500 whole concept but again, this is my personal opinion. 433 00:23:59,700 --> 00:24:02,700 I'm sure you guys think about it differently, but I think that 434 00:24:02,700 --> 00:24:05,900 specifically for Bitcoin, we're like what it, like, what is our 435 00:24:05,900 --> 00:24:09,100 goal here goal is to separation, money and state in order to 436 00:24:09,100 --> 00:24:10,900 achieve the separation of money and state we need to 437 00:24:10,908 --> 00:24:14,200 centralization, right? If we need to centralization, we 438 00:24:14,200 --> 00:24:16,800 want Bitcoin, just doing one good thing, really? 439 00:24:17,000 --> 00:24:21,400 Well, not as being sound money, unsensible, or hard to censor, 440 00:24:22,300 --> 00:24:24,700 trust minimized. That's what you wanted to be 441 00:24:25,100 --> 00:24:26,700 right. When you start adding all these 442 00:24:26,700 --> 00:24:29,500 things, it kind of, in my opinion, just takes away from 443 00:24:29,500 --> 00:24:33,600 the original Mission but like that guy that was being quoted 444 00:24:33,600 --> 00:24:35,400 in the, in the coin, Des article. 445 00:24:35,600 --> 00:24:37,600 I do agree. I think the the free market is 446 00:24:37,600 --> 00:24:41,500 going to do its thing and it's just like I just think that 447 00:24:41,500 --> 00:24:44,000 these things are just so we're going to be so expensive. 448 00:24:44,100 --> 00:24:46,500 But another, I would say warning. 449 00:24:46,900 --> 00:24:48,400 Right. Is that a lot of bitcoiners were 450 00:24:48,400 --> 00:24:56,200 very quick to jump on the Taproot the Taproot the Taproot 451 00:24:56,200 --> 00:24:59,200 upgrade. And I think this is what I call 452 00:24:59,200 --> 00:25:04,300 an unintended consequence of adding more features to bitcoin, 453 00:25:04,700 --> 00:25:07,100 right? Like I, this was if we knew this 454 00:25:07,100 --> 00:25:08,900 was going to happen with Taproot, do you think the 455 00:25:08,908 --> 00:25:11,100 community would have accepted it the way they did? 456 00:25:11,600 --> 00:25:14,100 I don't think so, right. So, I think that this is a 457 00:25:14,100 --> 00:25:16,500 warning, right? I think that this is a warning 458 00:25:17,300 --> 00:25:19,800 Into what happens when you try to change Bitcoin? 459 00:25:19,800 --> 00:25:21,300 I think Bitcoin is good the way it is. 460 00:25:21,700 --> 00:25:23,800 It's my that's my that's my humble opinion. 461 00:25:23,800 --> 00:25:28,500 What do you think Opti? Well, I mean, I'm with you, you 462 00:25:28,500 --> 00:25:31,300 know, I want to separate money from State and other people want 463 00:25:31,300 --> 00:25:34,100 to put jpegs on the blockchain, you know, like I want Bitcoin to 464 00:25:34,100 --> 00:25:37,400 be for financial transaction, but it is a permission list 465 00:25:37,400 --> 00:25:41,200 censorship resistant network. And to me it does seem like blow 466 00:25:41,700 --> 00:25:43,900 its or some say, it might be an attack. 467 00:25:44,400 --> 00:25:47,800 I don't know, maybe it's just. What's that one say Saying like 468 00:25:48,900 --> 00:25:53,400 I'm going to butcher it but it's on the idea of like it, maybe 469 00:25:53,400 --> 00:25:55,700 it's like Occam's razor. I'm probably butchering it. 470 00:25:55,700 --> 00:25:59,400 But what you attribute to evil and Malice can may just be 471 00:25:59,400 --> 00:26:02,100 attributed to stupidity and shortsightedness. 472 00:26:02,100 --> 00:26:06,400 So like to me, I don't know, I kind of just view this as you 473 00:26:06,400 --> 00:26:09,500 know, bear Market things, it does seem short-sighted. 474 00:26:09,500 --> 00:26:11,900 It does seem like a nothing Burger because like this isn't 475 00:26:11,900 --> 00:26:14,200 anything new really? As far as I'm concerned like you 476 00:26:14,208 --> 00:26:17,300 said about satoshi's dice like you've always been able to Data 477 00:26:17,300 --> 00:26:19,700 into the blockchain for a long time and again, this is a 478 00:26:19,708 --> 00:26:22,100 censorship permissionless Network. 479 00:26:22,100 --> 00:26:25,900 So like hey, what I want isn't necessarily what other people 480 00:26:25,900 --> 00:26:29,400 want and you know, who am I had to control the whole network? 481 00:26:29,400 --> 00:26:32,200 I, you know, I have my views, I run my software and I use 482 00:26:32,200 --> 00:26:35,100 Bitcoin how I see fit, which other people are going to do the 483 00:26:35,100 --> 00:26:37,600 same thing. So like, I think the Fremont are 484 00:26:37,600 --> 00:26:40,600 the fee Market or the free market will price the monkey 485 00:26:40,600 --> 00:26:43,900 jpegs or what like dick but jpegs or whatever the hell it 486 00:26:43,908 --> 00:26:50,100 was out of out of the market. But Hey, you know, as we are 487 00:26:50,100 --> 00:26:56,000 seeing the world dot Bitcoin, people want to continuously put 488 00:26:56,200 --> 00:26:58,600 put jpegs on the blockchain, I don't know man. 489 00:26:59,200 --> 00:27:03,400 I'm not really a big fan of n FTS in the first place and so to 490 00:27:03,400 --> 00:27:08,000 me it does seem like this is an unnecessary addition and people 491 00:27:08,000 --> 00:27:09,900 trying to do shit coin things on bitcoin. 492 00:27:09,900 --> 00:27:13,000 But again you know, Bitcoin is permissionless, it is censorship 493 00:27:13,000 --> 00:27:15,500 resistant. I think this is a nothing burger 494 00:27:15,500 --> 00:27:19,000 and we really are making You know, a mountain out of a 495 00:27:19,008 --> 00:27:21,300 molehill and it's just free market things. 496 00:27:21,300 --> 00:27:25,700 Like, hey, if they want to pay the fee to use the, the Bitcoin 497 00:27:25,700 --> 00:27:28,200 Network, it is what it is. I'm sure the miners are happy 498 00:27:28,200 --> 00:27:31,700 out there, but this is bringing up the like forever debate of 499 00:27:31,700 --> 00:27:33,700 ossification of the Bitcoin Network. 500 00:27:34,000 --> 00:27:37,300 And, you know, the more things change, the more things, stay 501 00:27:37,300 --> 00:27:40,600 the same. And it seems like the 2017 block 502 00:27:40,600 --> 00:27:43,700 war debate is happening over and over and over again. 503 00:27:43,700 --> 00:27:47,100 And it will continue to happen. So to me, I mean, like I said, I 504 00:27:47,100 --> 00:27:51,500 think this is a nothing burger and you know just like hey I 505 00:27:51,500 --> 00:27:53,900 don't think it's anything new. You didn't always been able to 506 00:27:53,900 --> 00:27:56,500 put data on the blockchain but like I don't know. 507 00:27:56,500 --> 00:28:00,100 It does seem like blow in my opinion but hey, you know like 508 00:28:00,800 --> 00:28:03,300 if you want to pay the fees then it is what it is. 509 00:28:03,300 --> 00:28:05,200 I can't stop you. This is part of the Bitcoin 510 00:28:05,200 --> 00:28:07,200 Network, this is what it, this is, what happens? 511 00:28:07,900 --> 00:28:10,400 Amen, Amen to that. All right, everybody quick 512 00:28:11,400 --> 00:28:15,000 regulatory update. Remember what happened guys a 513 00:28:15,000 --> 00:28:19,500 quick recap, right? We Add the Senator Elizabeth 514 00:28:19,500 --> 00:28:22,700 Warren, introduce my fire alarm, just went off, sorry about that. 515 00:28:22,900 --> 00:28:25,900 We had the Senator Elizabeth Warren, who introduced the 516 00:28:25,900 --> 00:28:29,700 famous the famous or inFAMOUS depending on who you ask crypto 517 00:28:29,700 --> 00:28:33,200 bill, right? You had Senator Elizabeth Warren 518 00:28:33,200 --> 00:28:36,800 introduced with Senator Marshall you had her introduce something 519 00:28:36,800 --> 00:28:39,900 that would force software developers that are working on 520 00:28:39,900 --> 00:28:43,800 bitcoin to register with the state to write software, right? 521 00:28:44,500 --> 00:28:49,300 So you had a lot of bills that Are introduced and clearly where 522 00:28:49,300 --> 00:28:53,100 I think this is going is they want to regulate the industry 523 00:28:53,700 --> 00:28:56,500 and, but like I've been saying, like, you can't really regulate 524 00:28:56,500 --> 00:29:00,500 Bitcoin. Like, you can regulate you can 525 00:29:00,500 --> 00:29:02,900 regulate the, on, and off ramps, which I think that this is what 526 00:29:02,900 --> 00:29:06,300 it's actually going to affect, but you can't regulate Bitcoin 527 00:29:06,300 --> 00:29:12,000 itself, right? Anyways, goes on to say u.s. 528 00:29:12,000 --> 00:29:14,600 senator Tim Scott, the top Republican on the Senate Banking 529 00:29:14,600 --> 00:29:18,000 Committee wants to start work on a And Regulatory framework for 530 00:29:18,008 --> 00:29:20,900 cryptocurrency on Thursday. He said in a Thursday statement, 531 00:29:20,900 --> 00:29:23,600 the committee should work to facilitate, a bipartisan 532 00:29:23,600 --> 00:29:26,100 regulatory framework. Said Scott, whose participation 533 00:29:26,100 --> 00:29:29,400 will be key because the committee would need to clear. 534 00:29:29,400 --> 00:29:33,600 Any major crypto legislation Scott hasn't addressed his views 535 00:29:33,600 --> 00:29:35,500 on crypto. So the industry has been eager 536 00:29:35,500 --> 00:29:39,000 to hear from him. He's now moved into the position 537 00:29:39,000 --> 00:29:41,700 once occupied by former senator Pat Toomey. 538 00:29:41,700 --> 00:29:45,100 Now, if you guys don't remember, Pat Toomey was very, very 539 00:29:45,100 --> 00:29:50,800 positive towards the Re he looked at it in a positive 540 00:29:50,800 --> 00:29:54,200 light. So let's see how Senator Tim 541 00:29:54,200 --> 00:29:57,900 Scott looks at it. And he goes on to say, quote and 542 00:29:57,900 --> 00:30:01,200 recent years, have seen expansive growth in the digital 543 00:30:01,200 --> 00:30:04,900 assets industry, including an increasing number of consumers 544 00:30:04,900 --> 00:30:06,600 interacting with cryptocurrencies. 545 00:30:07,200 --> 00:30:10,900 Well, several high-profile failures resulted in lost. 546 00:30:11,200 --> 00:30:15,400 Lost consumer assets, exposing relict or regulatory gaps and 547 00:30:15,400 --> 00:30:18,200 highlighted concerns. If illicit Finance. 548 00:30:18,200 --> 00:30:22,100 So some be really interesting to see where this goes. 549 00:30:22,100 --> 00:30:25,300 I think that I think I think that there is going to be 550 00:30:25,300 --> 00:30:30,600 inevitable crypto legislation. I think it's just a matter of of 551 00:30:31,200 --> 00:30:33,300 what that legislation is going to be. 552 00:30:33,700 --> 00:30:36,000 And I think that's really the pendant also in the political 553 00:30:36,000 --> 00:30:38,100 climate, right? I don't think it's a coincidence 554 00:30:38,100 --> 00:30:41,800 that a lot of this legislation is finally making moves right 555 00:30:41,800 --> 00:30:45,300 after the ft x. SB, F blow up. 556 00:30:45,300 --> 00:30:46,700 Like I don't think that's a coincidence. 557 00:30:46,800 --> 00:30:49,000 That's right. We know with Caitlin Long's 558 00:30:49,000 --> 00:30:53,700 bank, right? It was, it was denied right. 559 00:30:54,000 --> 00:30:57,900 They wait, they waited her out for, like, a year, she sued. 560 00:30:58,000 --> 00:30:59,700 And then they finally revealed to her. 561 00:30:59,700 --> 00:31:02,300 I was like last Friday and then it came out also with an 562 00:31:02,300 --> 00:31:04,800 announcement. Remember that Opti the Friday 563 00:31:04,800 --> 00:31:06,400 announcer, right. They wait till the weekend to 564 00:31:06,400 --> 00:31:09,400 release the news, so it doesn't make such a big splash and it 565 00:31:09,400 --> 00:31:13,800 coincided with a White House. Preferably press release on 566 00:31:13,800 --> 00:31:19,700 Krypton the crypto industry. So Man, it kind of goes back to 567 00:31:20,600 --> 00:31:22,900 what I've been saying, right? Which is like the people that 568 00:31:22,900 --> 00:31:27,100 are responsible for regulating the industry, a lot of them have 569 00:31:27,100 --> 00:31:30,100 a lot to lose if the industry succeeds, right? 570 00:31:30,100 --> 00:31:33,200 So talk about misalignment of incentives and I think that this 571 00:31:33,200 --> 00:31:37,900 is why it's so important and, you know, Corey Clips in has I 572 00:31:37,908 --> 00:31:40,300 think it's a phenomenal piece and I really think that it's 573 00:31:40,300 --> 00:31:45,200 going to Define really the next Five, ten years right? 574 00:31:45,500 --> 00:31:47,300 Which is the race to avoid the war. 575 00:31:47,800 --> 00:31:51,200 We need this. Local minority in the u.s. if 576 00:31:51,200 --> 00:31:56,200 you live in the u.s. so that any hostile legislation towards the 577 00:31:56,200 --> 00:31:57,800 industry will be impossible to pass. 578 00:31:57,800 --> 00:32:00,100 So really is, it's a race to avoid the war. 579 00:32:00,100 --> 00:32:02,800 It's a race of adoption, right? Because if you have a lot of 580 00:32:02,800 --> 00:32:06,000 people holding Bitcoin, then what do you think is gonna be 581 00:32:06,000 --> 00:32:08,100 very difficult for democratically elected 582 00:32:08,100 --> 00:32:12,700 politicians to pause pass pass hostile. 583 00:32:14,000 --> 00:32:16,800 Hostile crypto Bitcoin legislation now towards the 584 00:32:16,800 --> 00:32:19,500 industry, I can't really touch Bitcoin itself. 585 00:32:19,500 --> 00:32:20,600 That's a whole other Rabbit Hole. 586 00:32:21,500 --> 00:32:24,200 Now the one thing I want to important that want to want to 587 00:32:24,200 --> 00:32:28,800 highlight before I pass it on to Opti, is the importance that 588 00:32:28,800 --> 00:32:33,300 this stays bipartisan and this doesn't become a partisan issue, 589 00:32:33,400 --> 00:32:35,200 right? This doesn't become a democratic 590 00:32:35,200 --> 00:32:37,600 issue or a republican issue, Bitcoin. 591 00:32:37,600 --> 00:32:40,800 And this is why we try to stay as politically neutral on simply 592 00:32:42,600 --> 00:32:46,600 It doesn't hurt, it doesn't help, it helps both parties 593 00:32:46,700 --> 00:32:49,200 equally, right? The left is all about the little 594 00:32:49,200 --> 00:32:51,100 guy, right? It helps the little guy because 595 00:32:51,100 --> 00:32:55,600 it's it gives them the ability to save without without the 596 00:32:55,600 --> 00:32:57,400 basement, which is via inflation. 597 00:32:57,700 --> 00:33:00,800 And then it helps the people on the right which are more wealth. 598 00:33:02,000 --> 00:33:03,800 They like to conserve wealth, right? 599 00:33:03,800 --> 00:33:06,000 Like you know, low taxes stay away from me. 600 00:33:06,000 --> 00:33:10,900 Sovereign, etc, etc. So it helps both sides right and 601 00:33:10,900 --> 00:33:13,800 I think that's really important. Also The community of people 602 00:33:13,800 --> 00:33:15,800 that are unbanked, right? Because they can't afford bank 603 00:33:15,800 --> 00:33:16,900 account. Bitcoin is for them, it's 604 00:33:16,900 --> 00:33:18,600 perfect. You just download a Bitcoin 605 00:33:18,600 --> 00:33:22,200 wallet it's easy, right? So that's the last thing that I 606 00:33:22,200 --> 00:33:24,600 want to happen, right? Which is just becomes a highly 607 00:33:24,600 --> 00:33:27,800 partisan issue and then you know whether the Democrats or 608 00:33:27,800 --> 00:33:30,500 Republicans are in power, you know, the country kind of shifts 609 00:33:30,500 --> 00:33:32,500 towards this hostility towards the industry. 610 00:33:32,700 --> 00:33:36,100 So I think it's really important for it to become for it to stay 611 00:33:36,100 --> 00:33:40,900 bipartisan because I think that is that is ideally where and 612 00:33:40,900 --> 00:33:43,300 again, it's not a party. Something I don't think Bitcoin 613 00:33:43,300 --> 00:33:47,700 is a partisan thing, right? So anyways, my to SATs Opti. 614 00:33:47,700 --> 00:33:49,600 What are your thoughts on this? I know you're going to hit it 615 00:33:49,600 --> 00:33:54,100 from the more and more, the more militant angle. 616 00:33:54,100 --> 00:33:57,700 So what are your thoughts? Well, first, I mean, obviously 617 00:33:57,700 --> 00:34:02,100 Nico, I love your perspective. I think it's a very valid one, 618 00:34:02,100 --> 00:34:05,900 you know, as much as we talked about on Twitter and in the 619 00:34:05,900 --> 00:34:11,600 Bitcoin space about, you know, the inferiority of the political 620 00:34:11,600 --> 00:34:13,800 game in. Adds to an open monetary 621 00:34:13,800 --> 00:34:17,100 Network. Historically I just I think 622 00:34:17,100 --> 00:34:20,400 regulations will inevitably hurt technological innovation. 623 00:34:20,800 --> 00:34:24,000 Historically again this is the case and computer literate to 624 00:34:24,000 --> 00:34:26,400 the tech. Luddites are going to overstep 625 00:34:26,400 --> 00:34:29,000 because of their lack of understanding for, you know, my 626 00:34:29,000 --> 00:34:31,500 protection and to help the citizen out there. 627 00:34:31,500 --> 00:34:35,699 So I like on the one hand, I think the regulation is 628 00:34:35,699 --> 00:34:39,199 inevitable, you know, like the politicians are going to pull a 629 00:34:39,208 --> 00:34:42,100 trick and they're going to find ways to get their grubby. 630 00:34:42,199 --> 00:34:45,000 Fingers on on the network or at least try to. 631 00:34:45,199 --> 00:34:48,100 But in my opinion as a Bitcoin or someone that runs a software 632 00:34:48,100 --> 00:34:51,400 like Bitcoin is regulated every 10 minutes by everyone running a 633 00:34:51,400 --> 00:34:54,000 node and I'd like to see the free market do its thing. 634 00:34:54,400 --> 00:34:58,400 But obviously I'm not that naive and I understand that that 635 00:34:58,400 --> 00:35:01,000 politicians and government officials are going to make 636 00:35:01,000 --> 00:35:03,400 laws. And again, it just like 637 00:35:03,400 --> 00:35:09,500 historically we've seen that when officials the bureaucrats 638 00:35:09,500 --> 00:35:14,500 try to regulate technology. They shoot themselves and their 639 00:35:14,500 --> 00:35:18,300 citizenry in the foot. So I just really hope that if 640 00:35:18,300 --> 00:35:22,400 they do do some regulation it. They don't overstep their 641 00:35:22,400 --> 00:35:24,900 boundaries and they don't stop the Innovation. 642 00:35:24,900 --> 00:35:28,700 That is Bitcoin and like because we say consistently, you know, 643 00:35:28,700 --> 00:35:33,000 like Bitcoin is here to help Humanity like it's here to help 644 00:35:33,000 --> 00:35:36,700 people. And I just hate to see the 645 00:35:36,700 --> 00:35:39,000 American politicians. I mean, we are Americans. 646 00:35:39,000 --> 00:35:42,900 I'm an American and I want to see America thrive I want to see 647 00:35:42,900 --> 00:35:47,600 our politicians do what's best for us as well as the rest of 648 00:35:47,608 --> 00:35:50,800 the world, but obviously like put America First the meme where 649 00:35:50,800 --> 00:35:53,100 it's like, let's not shoot ourselves in the foot by over 650 00:35:53,100 --> 00:35:57,200 regulating this because of the entrenchment of the current 651 00:35:57,200 --> 00:36:00,600 political system. And and you know, the revolving 652 00:36:00,600 --> 00:36:05,400 door that is Washington. So, you know, I personally, I'm 653 00:36:05,400 --> 00:36:10,000 not that hopeful that this is going to not shoot ourselves in 654 00:36:10,000 --> 00:36:11,900 the foot. But hey, you know, maybe there's 655 00:36:11,900 --> 00:36:14,800 a Chance that we can have some favorable laws. 656 00:36:14,800 --> 00:36:20,300 Like, you know, let's just treat Bitcoin in favorable light and, 657 00:36:20,300 --> 00:36:24,000 and robbed the job, the obstacles. 658 00:36:24,000 --> 00:36:27,100 But hey, I don't know, man. No, I agree. 659 00:36:27,100 --> 00:36:30,100 I think and ideal world. That's what we want, but I think 660 00:36:30,100 --> 00:36:33,300 that, you know, I think politicians that are used to 661 00:36:33,900 --> 00:36:37,700 basically having this like total control over something. 662 00:36:38,800 --> 00:36:43,200 I think and I think for them it is going to Be a very tough pill 663 00:36:43,200 --> 00:36:48,100 to swallow also. Bitcoin isn't jurisdictionally 664 00:36:48,100 --> 00:36:50,900 dependent or geographically dependent to a certain location. 665 00:36:51,300 --> 00:36:54,500 So if the u.s. becomes hostile that we always make this joke 666 00:36:54,500 --> 00:36:56,700 optimi and you all right. I'm like, bro, we're going to 667 00:36:56,708 --> 00:36:59,600 try to hold it down. But if all else fails we're 668 00:36:59,600 --> 00:37:02,700 moving to El Salvador. I tell I told my girlfriend this 669 00:37:02,700 --> 00:37:07,700 too, and she freaks out, but it's like, you know, like, look, 670 00:37:07,700 --> 00:37:11,300 if they made it illegal, if they 610 to do it fine, El Salvador. 671 00:37:11,300 --> 00:37:12,400 It is right. Right. 672 00:37:13,300 --> 00:37:16,000 But obviously, we don't want it to get to that point. 673 00:37:16,500 --> 00:37:19,700 But what I'm trying to say is that the countries that ban 674 00:37:19,700 --> 00:37:22,200 Bitcoin are just Banning themselves from Bitcoin and 675 00:37:22,200 --> 00:37:25,200 they're banning themselves from the benefits of Bitcoin rather 676 00:37:25,200 --> 00:37:28,100 than making it go away. I mean, look at the drug war. 677 00:37:28,400 --> 00:37:31,500 Look at like, look at the drug war, like, and now you're trying 678 00:37:31,500 --> 00:37:34,000 to tell me that like like drugs are physical, right? 679 00:37:34,000 --> 00:37:36,000 You have to like, carry the packages and you have to 680 00:37:36,000 --> 00:37:37,700 whatever and they weren't able to do that. 681 00:37:37,700 --> 00:37:39,500 They weren't able to like extinguish it. 682 00:37:41,700 --> 00:37:44,700 Now what you're trying, you're making the argument that like 683 00:37:44,800 --> 00:37:47,700 they're going to try to distinguish this thing that 684 00:37:47,700 --> 00:37:50,800 lives in cyberspace. Like I don't know, man. 685 00:37:51,000 --> 00:37:54,100 And then fi you can make the moral argument against drugs, 686 00:37:54,100 --> 00:37:55,800 right? Key the responsible for deaths 687 00:37:55,800 --> 00:37:57,900 are responsible for addiction, etc. 688 00:37:57,900 --> 00:38:00,400 Etc. But like what is the mark more 689 00:38:00,400 --> 00:38:03,800 argument against Bitcoin? You know, like what is the 690 00:38:03,800 --> 00:38:06,100 argument there, right? Like I don't know what it is, 691 00:38:06,400 --> 00:38:07,800 right? So I don't know, I think a 692 00:38:07,808 --> 00:38:10,800 percentage of the population is just never going to be. 693 00:38:11,500 --> 00:38:15,800 Okay, with, you know, them doing certain things. 694 00:38:16,500 --> 00:38:18,900 And I think it's really easy just to run your own node. 695 00:38:18,900 --> 00:38:21,400 It's really easy to take self custody man and I think that's 696 00:38:21,400 --> 00:38:23,600 where gold failed because it's so heavy. 697 00:38:23,600 --> 00:38:26,700 The properties of it is very hard for it for you to take 698 00:38:26,700 --> 00:38:31,100 custody of your gold and that led to the centralization of the 699 00:38:31,100 --> 00:38:33,900 custody of gold and just a handful of Banks. 700 00:38:33,900 --> 00:38:36,400 And that very that made it very easy for the u.s. government to 701 00:38:36,400 --> 00:38:39,700 seize it with the 610 to order. Remember the 610 to order 702 00:38:39,700 --> 00:38:43,400 everyone that kind of visions and In their heads like that, 703 00:38:43,400 --> 00:38:45,900 they just went on people's, they just went people's houses and 704 00:38:45,900 --> 00:38:48,800 they're like, give me your gold like I'm sure there is examples 705 00:38:48,800 --> 00:38:52,400 of that, but the vast majority of gold was already sitting in 706 00:38:52,400 --> 00:38:55,100 Banks and the government is like, now it's illegal for 707 00:38:55,100 --> 00:38:59,000 citizens to own it and that gold stayed where it's at, you know. 708 00:38:59,000 --> 00:39:01,200 And then the bank's kind of were like, hey, I'm sorry, it's 709 00:39:01,200 --> 00:39:03,700 illegal now and they couldn't give it right? 710 00:39:03,800 --> 00:39:07,900 So yeah, it's is why we talked about the importance of self 711 00:39:07,900 --> 00:39:10,600 custody, we talked about it so much, we Hammer the point in 712 00:39:10,600 --> 00:39:11,700 home. Home, right? 713 00:39:11,800 --> 00:39:18,100 Because if you don't take self custody, like the what happened 714 00:39:18,100 --> 00:39:21,400 with gold, I think will happen. Again, I think it's inevitable 715 00:39:22,200 --> 00:39:24,400 to be honest. I don't know, I don't know. 716 00:39:24,400 --> 00:39:27,300 Just speculating on the future. Who says, I mean? 717 00:39:27,300 --> 00:39:30,300 Who knows? But anyways, everybody let's 718 00:39:31,300 --> 00:39:33,900 let's get to the memes. I know it's get to the culture. 719 00:39:33,900 --> 00:39:35,100 It's get to the culture, let's do it. 720 00:39:38,000 --> 00:39:43,400 The daily culture brought to you by Swan Bitcoin.com, Swan is the 721 00:39:43,400 --> 00:39:46,700 best way to build your Bitcoin stack with automated Bitcoin 722 00:39:46,700 --> 00:39:50,400 savings plans and instant purchases serving clients of any 723 00:39:50,400 --> 00:39:53,700 size from ten dollars to ten million dollars. 724 00:39:53,700 --> 00:39:57,200 We love Swan because they incentivize self custody and 725 00:39:57,200 --> 00:40:00,200 dollar cost averaging. What do you waiting for visit? 726 00:40:00,200 --> 00:40:06,500 Swan Bitcoin.com today. All right, this is the culture, 727 00:40:06,900 --> 00:40:08,000 it is. Culture. 728 00:40:08,000 --> 00:40:12,700 But first I want to let you guys know about another awesome 729 00:40:12,700 --> 00:40:15,100 Bitcoin conference. The largest Bitcoin conference 730 00:40:15,100 --> 00:40:18,100 in Austin Texas you definitely want to check it out. 731 00:40:18,100 --> 00:40:22,800 August 24th 25th 20 26 27. It's not a shit coin and if t or 732 00:40:22,800 --> 00:40:26,500 blockchain event they talk about Bitcoin Bitcoin and more 733 00:40:26,500 --> 00:40:28,000 Bitcoin. You want to take advantage of 734 00:40:28,008 --> 00:40:31,600 the promo code all caps, simply Bitcoin to get a discount on 735 00:40:31,600 --> 00:40:32,800 your bit block. Boom tickets. 736 00:40:32,900 --> 00:40:35,600 Also, check out unconscious skateable. 737 00:40:35,800 --> 00:40:37,300 It's going to be this awesome bit. 738 00:40:37,400 --> 00:40:39,200 Coin conference in Las Vegas, Nevada. 739 00:40:39,200 --> 00:40:42,500 There's also a pork, a poker tournament as well. 740 00:40:42,700 --> 00:40:45,200 Speaker list includes tone. Vases Jimmy sang, on a back, 741 00:40:45,200 --> 00:40:47,300 Jack mahler's, Greg Faust and many, many more. 742 00:40:47,300 --> 00:40:50,800 You could use the promo code simply 10, get a big discount on 743 00:40:50,800 --> 00:40:53,100 your unconscious, skateable tickets. 744 00:40:53,900 --> 00:40:56,000 A lot of conferences that we're going to do this year, we're 745 00:40:56,000 --> 00:40:59,600 going to do Bitcoin 2023. You guys have the promo code 746 00:40:59,600 --> 00:41:01,000 down below. We're going to do bit block, 747 00:41:01,000 --> 00:41:05,200 boom, rub the balloon on confiscate a bowl and of course 748 00:41:05,200 --> 00:41:07,700 specific Bitcoins. Going to be, I'm looking Forward 749 00:41:07,700 --> 00:41:10,100 to that. So a lots of Bitcoin conference 750 00:41:10,100 --> 00:41:16,500 is hope to see you guys there. Honestly, opting I met for the 751 00:41:16,500 --> 00:41:19,600 first time in the flesh out of Bitcoin conference, it was at 752 00:41:19,600 --> 00:41:23,000 the bit block boom conference. If you haven't gone, I really 753 00:41:23,000 --> 00:41:24,800 suggest it. If you're looking to get a job 754 00:41:24,800 --> 00:41:27,200 in the industry, if you're looking to meet some of your 755 00:41:27,200 --> 00:41:29,500 favorite content creators, some of your favorite bitcoiners, 756 00:41:29,500 --> 00:41:32,500 some of your favorite authors, you can meet them in the flesh 757 00:41:32,800 --> 00:41:35,900 and super humble, like don't have a problem with them. 758 00:41:35,900 --> 00:41:37,600 You can shake their hand, you can have a conversation, verse 759 00:41:37,600 --> 00:41:40,000 18 of them, you can ask them questions, right? 760 00:41:40,100 --> 00:41:42,600 And bro, it's it's there's something about it, man. 761 00:41:42,600 --> 00:41:44,800 There's something about there's something special about Bitcoin 762 00:41:44,800 --> 00:41:47,100 conferences. I hope to see a lot of you guys 763 00:41:47,100 --> 00:41:49,800 there. Anyways, Opti, you're trying to 764 00:41:49,900 --> 00:41:51,700 find your tribe about the conference. 765 00:41:51,900 --> 00:41:54,400 Starting to Beauty honesty. Yeah, yeah. 766 00:41:54,400 --> 00:41:56,600 Alright. So ning, the weak strong and in 767 00:41:56,600 --> 00:41:58,400 the way. So, before I get in guys, this 768 00:41:58,400 --> 00:42:01,900 is something we talked about consistently and it's very 769 00:42:01,900 --> 00:42:05,100 fitting after the new segment about regulation. 770 00:42:06,400 --> 00:42:09,600 I think this is this One of those call to actions that we 771 00:42:09,600 --> 00:42:13,300 tell you guys consistently you know we start with telling 772 00:42:13,300 --> 00:42:16,600 everyone to take Bitcoin into self custody using the the 773 00:42:16,600 --> 00:42:20,400 Bitcoin wallets that we like you know blue Jade cold card seed 774 00:42:20,400 --> 00:42:22,100 sign of green while it spector's. 775 00:42:22,100 --> 00:42:25,800 Pharaoh Moon Breeze Pine Phoenix. 776 00:42:26,300 --> 00:42:30,800 I think I named them all today and I think since it is Friday I 777 00:42:30,800 --> 00:42:34,100 kind of wanted to not only give you guys some inspiration and 778 00:42:34,100 --> 00:42:38,500 motivation but kind of refocus. Ation and we talk about this all 779 00:42:38,508 --> 00:42:41,300 the time. The importance of what we are 780 00:42:41,300 --> 00:42:44,800 doing here guys, we are trying to separate money from state. 781 00:42:44,800 --> 00:42:47,600 So while I know I'm Bitcoin Twitter there's a lot of 782 00:42:47,600 --> 00:42:50,900 skirmishes you know bitcoiners attacking Bitcoins, Bitcoin is 783 00:42:50,900 --> 00:42:53,600 attacking shit coin or shit. Coin is attacking bitcoiners. 784 00:42:53,900 --> 00:42:56,900 I think sometimes it's important to refocus the conversation and 785 00:42:56,900 --> 00:42:58,700 realize what we really are doing here. 786 00:42:59,000 --> 00:43:02,700 We are battling the the biggest cartel in the world. 787 00:43:02,700 --> 00:43:07,800 The money cartel like we are in in an information War an War 788 00:43:07,800 --> 00:43:12,300 against the central bankers, and against the dollar like this is 789 00:43:12,500 --> 00:43:15,100 the ultimate ultimate should coin, and this is what we do 790 00:43:15,100 --> 00:43:17,700 consistently. And of course, you know, the, 791 00:43:17,700 --> 00:43:21,600 the brainwashing of the Fiat world has thoroughly saturated, 792 00:43:21,600 --> 00:43:25,000 the majority of planet Earth. And most people are so 793 00:43:25,000 --> 00:43:28,700 indoctrinated by the Fiat system that they can't look outside of 794 00:43:28,700 --> 00:43:30,900 that system. Look at Ray dalio in the 795 00:43:30,900 --> 00:43:34,000 beginning. Anyways, I saw this thread by 796 00:43:34,000 --> 00:43:37,200 Beauty on and I thought it's very fitting because it got me. 797 00:43:37,400 --> 00:43:41,300 A route up and its back to this idea, I talk about all the time 798 00:43:41,300 --> 00:43:44,000 in our spaces about having this winning mentality and 799 00:43:44,000 --> 00:43:47,000 understanding where we are and, and the power that you guys as 800 00:43:47,000 --> 00:43:49,700 an individual have because you run the Bitcoin software. 801 00:43:50,000 --> 00:43:52,100 So, let me just get into this thread. 802 00:43:52,100 --> 00:43:56,700 And we'll, we'll jump back and forth and we'll get Niko's take 803 00:43:56,700 --> 00:43:57,800 on it. So I'm going to read the thread 804 00:43:57,800 --> 00:44:00,000 by buitoni goes. I'm not worried about all 805 00:44:00,000 --> 00:44:02,900 corners or altcoins. They're all going to be 806 00:44:02,900 --> 00:44:05,500 accentuated and extinguished, by Bitcoin. 807 00:44:05,500 --> 00:44:09,500 I'm doing everything I can to Make and ensure it happens. 808 00:44:09,500 --> 00:44:13,200 We have a team of killer nights to ride into battle cleansing 809 00:44:13,200 --> 00:44:16,100 the world of altcoins and the king of coin. 810 00:44:16,100 --> 00:44:19,900 The king shit coin. The US dollar only investing in 811 00:44:19,900 --> 00:44:22,900 Bitcoin companies and using Bitcoin yourself and spreading. 812 00:44:22,900 --> 00:44:25,200 It will stop all corners and all coins. 813 00:44:25,200 --> 00:44:29,100 And the final altcoin boss, the US dollar, if you're investing 814 00:44:29,100 --> 00:44:32,200 in wind farms, expecting this to kill the dollar, you're insane. 815 00:44:32,200 --> 00:44:35,600 It's like stirring chicken soup to make it rain, you have a 816 00:44:35,600 --> 00:44:38,500 once-in-a-lifetime chance to Change the world, don't waste 817 00:44:38,500 --> 00:44:40,500 your energy. Concentrating on the people who 818 00:44:40,500 --> 00:44:42,500 will lose whether you exist or not. 819 00:44:42,500 --> 00:44:45,300 Use all your efforts to promote ethical Bitcoin wallet. 820 00:44:45,300 --> 00:44:48,500 And ethical Bitcoin companies that are working to affect the 821 00:44:48,500 --> 00:44:51,500 transformation. The Sword of Destiny is in your 822 00:44:51,500 --> 00:44:53,600 hand. These are the days of the Round 823 00:44:53,600 --> 00:44:57,000 Table of Heroes and greatness days of Legend, they're like 824 00:44:57,000 --> 00:45:00,600 will never be seen again. Wield The Sword of Justice and 825 00:45:00,600 --> 00:45:05,600 cut our enemies down and on this threat on this note. 826 00:45:06,000 --> 00:45:07,900 Shout out to Mike. Buzz. 827 00:45:08,600 --> 00:45:11,600 He did this tweet and I absolutely loved it. 828 00:45:11,600 --> 00:45:13,800 I referenced it yesterday before the show and Nico. 829 00:45:14,100 --> 00:45:16,900 And it's something that I consistently harp on and I 830 00:45:16,900 --> 00:45:19,800 really like how he put it goes a negative mental attitude can 831 00:45:19,800 --> 00:45:23,700 lead to losing. And again, Beauty on commenting 832 00:45:23,700 --> 00:45:27,100 on this to make an even bigger point because this is true. 833 00:45:27,200 --> 00:45:29,600 The fact of the matter is that there was nothing stopping 834 00:45:29,600 --> 00:45:33,700 Satoshi from releasing Bitcoin. Nothing stopping Paul Zimmerman 835 00:45:33,700 --> 00:45:37,200 from releasing gpg and many many other such cases. 836 00:45:37,300 --> 00:45:39,800 Has the barrier. Most people faces in them and 837 00:45:39,800 --> 00:45:42,500 not in the real world. It is the most difficult to 838 00:45:42,500 --> 00:45:44,600 overcome. This is something I talk about 839 00:45:44,600 --> 00:45:48,000 consistently is having this Winner's mentality having this. 840 00:45:48,000 --> 00:45:52,800 I will go through War to ensure that what I am doing will happen 841 00:45:52,800 --> 00:45:55,800 and not stopping being persistent consistent and 842 00:45:55,800 --> 00:45:59,500 understanding that we have the tools to literally escape the 843 00:45:59,500 --> 00:46:03,400 Fiat slavery, and it reminded me of the quote, by Buckminster 844 00:46:03,400 --> 00:46:05,500 Fuller and he says, you never change things by fighting the 845 00:46:05,500 --> 00:46:08,700 existing reality to change. Something build a new model that 846 00:46:08,700 --> 00:46:11,000 makes the existing model Obsolete. 847 00:46:11,500 --> 00:46:15,600 And my point in all this today guys is to just bring up the 848 00:46:15,600 --> 00:46:19,700 very basic point that guys, we have the tools, you need to 849 00:46:19,700 --> 00:46:22,400 refocus your energy and understand that. 850 00:46:22,400 --> 00:46:25,200 Sometimes we need to zoom out from the forest or from the 851 00:46:25,208 --> 00:46:28,400 trees to the forest and understand that look our enemies 852 00:46:28,400 --> 00:46:30,600 are not the shit coiners. They're not even other 853 00:46:30,600 --> 00:46:34,600 bitcoiners, we are battling the Fiat cartel, the central Bankers 854 00:46:34,600 --> 00:46:37,100 are the real enemies out there. And those are the ones that we 855 00:46:37,300 --> 00:46:40,100 Should be focusing our attention on and this is why we 856 00:46:40,100 --> 00:46:42,400 consistently tell you guys, taking Bitcoin is the 857 00:46:42,408 --> 00:46:44,900 revolution. The important thing that we need 858 00:46:44,900 --> 00:46:48,400 to do here is try to get more people taking Bitcoin into self, 859 00:46:48,400 --> 00:46:52,600 custody more people understanding why we hottel 860 00:46:52,600 --> 00:46:55,200 Bitcoin, why? The Fiat system is stealing from 861 00:46:55,200 --> 00:46:55,600 them? Why? 862 00:46:55,600 --> 00:46:59,200 The politicians are backed by the money printer game, if I 863 00:46:59,200 --> 00:47:03,200 said in the past, you know the the political game is backed by 864 00:47:03,200 --> 00:47:06,900 the Fiat game and at some times you know, you might have to hit 865 00:47:06,900 --> 00:47:08,000 people. The truth. 866 00:47:08,000 --> 00:47:10,300 You might have to hit people with these facts, but other 867 00:47:10,300 --> 00:47:14,900 times, you just got to hit people with a good story so that 868 00:47:14,900 --> 00:47:18,800 they can latch onto why we do what we do know. 869 00:47:18,800 --> 00:47:23,700 And it's not about being, it's not about like like lying to 870 00:47:23,700 --> 00:47:27,500 them, it's more about as we sell the time, winning the hearts and 871 00:47:27,500 --> 00:47:30,100 minds of the masses and this is something that I've been harping 872 00:47:30,100 --> 00:47:32,900 on a lot. It's being a shining example of 873 00:47:32,900 --> 00:47:35,500 being a good Bitcoin, and living a good life, some more people 874 00:47:35,500 --> 00:47:38,700 want to have what you have. Have and then showing them that 875 00:47:38,700 --> 00:47:42,000 Bitcoin is the reason why you live this life. 876 00:47:42,000 --> 00:47:44,500 And guys it's just an acknowledgement of where we are 877 00:47:44,500 --> 00:47:46,600 in the world. We have the greatest opportunity 878 00:47:46,600 --> 00:47:51,000 to free Humanity from here on out for the rest of human 879 00:47:51,000 --> 00:47:55,600 history, like take a moment and and let this sink into your 880 00:47:55,600 --> 00:47:59,600 Consciousness and let that reverberate in every action that 881 00:47:59,600 --> 00:48:02,100 you do, we are doing something very important here. 882 00:48:02,600 --> 00:48:07,100 And, you know, people, people can keep people can try to troll 883 00:48:07,300 --> 00:48:12,000 People can say that we're crazy but Bitcoin is taking back. 884 00:48:12,000 --> 00:48:15,500 The power of the people Bitcoin is giving you something to build 885 00:48:15,500 --> 00:48:19,500 towards Bitcoin is giving you a foundation so that you and your 886 00:48:19,500 --> 00:48:23,800 future children and your family can stop getting robbed. 887 00:48:23,800 --> 00:48:26,400 Like I think this is the most important thing that we can be 888 00:48:26,400 --> 00:48:28,200 doing. I don't think we could be doing 889 00:48:28,200 --> 00:48:31,400 anything more honorable than spreading Bitcoin to as many 890 00:48:31,400 --> 00:48:35,100 people as possible and having them hold Bitcoin in self 891 00:48:35,100 --> 00:48:39,000 custody, like we are fighting The biggest war right now and 892 00:48:39,000 --> 00:48:42,200 it's an information War. It's a peaceful Revolution but 893 00:48:42,200 --> 00:48:45,600 don't get it twisted. Separating money from state is 894 00:48:45,600 --> 00:48:49,400 definitely going to be something that we are in for the long run 895 00:48:49,400 --> 00:48:52,700 and I just want people to you know get focused, get your 896 00:48:52,700 --> 00:48:54,600 energy right and it's back to this whole idea. 897 00:48:54,600 --> 00:48:57,200 Like get your mind right, get your body right, get your cold 898 00:48:57,200 --> 00:48:58,800 storage setup. Correct. 899 00:48:58,800 --> 00:49:02,800 Because guys, we are in the then they fight you stage, so just be 900 00:49:02,800 --> 00:49:07,200 prepared and understand, like we will win Bitcoin incentives will 901 00:49:07,800 --> 00:49:11,000 And they are winning. And the more that these 902 00:49:11,400 --> 00:49:14,600 corporate press, the more we get bureaucrats and politicians and 903 00:49:14,600 --> 00:49:18,400 Central Bankers to come out and and denigrate bitcoiners, the 904 00:49:18,400 --> 00:49:22,300 more I know we are winning and they can try to stop us, they 905 00:49:22,300 --> 00:49:24,900 can try to stop the Bitcoin network, but you can't ban 906 00:49:24,900 --> 00:49:26,500 Bitcoin. You can only ban yourself from 907 00:49:26,500 --> 00:49:29,300 Bitcoin. So as they get how, you know, as 908 00:49:29,300 --> 00:49:33,200 they have fun staying poor bitcoiners will start to 909 00:49:33,200 --> 00:49:36,700 accumulate all the resources and we will, We Will effectuate and 910 00:49:36,700 --> 00:49:39,700 change the The world in real time and it's just an honor to 911 00:49:39,700 --> 00:49:42,700 be here on the Frontline with you guys and let's just keep it 912 00:49:42,700 --> 00:49:50,800 going. And Man dude I love that quote 913 00:49:50,800 --> 00:49:52,400 dude, I want to pull it back up again. 914 00:49:53,000 --> 00:49:55,800 You never change things by fighting the existing reality to 915 00:49:55,800 --> 00:49:57,900 change something build. A new model that makes the 916 00:49:57,900 --> 00:50:01,000 existing model Obsolete. And I look and then kind of tie 917 00:50:01,000 --> 00:50:04,300 this in with what we were talking about with Ray dalio in 918 00:50:04,300 --> 00:50:09,800 the very beginning, right? And it's fascinating him like 919 00:50:09,800 --> 00:50:14,000 slowly coming to terms and then like seeing the Paradigm shit, 920 00:50:14,000 --> 00:50:17,100 like he sees the writing on the wall but I think he's spent so 921 00:50:17,100 --> 00:50:21,600 much time in the Fiat. That he can't quite comprehend 922 00:50:21,600 --> 00:50:25,600 and accept this paradigm shift. That were that we're heading 923 00:50:25,600 --> 00:50:28,000 into man. Well yeah, I got I agree with 924 00:50:28,000 --> 00:50:30,300 you. I will never be the same because 925 00:50:30,300 --> 00:50:37,000 the tell she dropped the Bitcoin software on the world into that. 926 00:50:37,200 --> 00:50:39,600 All right everybody, let's talk about some memes. 927 00:50:39,600 --> 00:50:45,600 Lots of memes. The daily meme review brought to 928 00:50:45,608 --> 00:50:47,800 you by Kaboom racks. I get this question all the 929 00:50:47,800 --> 00:50:48,600 time. Nico. 930 00:50:48,600 --> 00:50:51,600 Where should I buy Bitcoin? Miners to answer is Kaboom 931 00:50:51,600 --> 00:50:53,600 racks. It's the best place to buy 932 00:50:53,600 --> 00:50:55,200 Bitcoin miners. That's where you're going to 933 00:50:55,200 --> 00:50:58,400 find the best deals and the best prices start. 934 00:50:58,400 --> 00:51:01,100 Your mining Utopia today to check out their racks. 935 00:51:01,100 --> 00:51:04,200 You got to go to T dot me, slash Kaboom racks. 936 00:51:04,200 --> 00:51:07,700 Join their telegram group and start your mining Journey today. 937 00:51:07,700 --> 00:51:13,100 Kaboom racks. Kaboom, I love happened. 938 00:51:13,100 --> 00:51:14,800 I love how we have to say that now. 939 00:51:14,800 --> 00:51:19,200 Like with one of us has to say enough, great name Kaboom. 940 00:51:19,600 --> 00:51:23,700 Anyways, guys, this is the meme review as I just said in the 941 00:51:23,700 --> 00:51:26,300 culture segment, we are in an information point. 942 00:51:26,900 --> 00:51:33,300 We heard about Kaboom hey they get the best marketing. 943 00:51:35,200 --> 00:51:37,500 Alright, guys, this is the Me. Maybe This is your favorite 944 00:51:37,500 --> 00:51:42,500 portion of the show and As I say, I'm literally 21 million 945 00:51:42,500 --> 00:51:45,400 percent convinced that we are an information War. 946 00:51:45,900 --> 00:51:48,800 And the way we win, this is by continuously spreading the 947 00:51:48,800 --> 00:51:51,800 signal continuously reverberating the truth. 948 00:51:51,800 --> 00:51:55,300 Because the only thing they have on us is the Monopoly on Truth 949 00:51:55,300 --> 00:51:58,800 by the corporate press and basically flooding you with so 950 00:51:58,800 --> 00:52:01,500 much noise. That the average person doesn't 951 00:52:01,500 --> 00:52:04,300 know what's up from down. But this is why we mean, this is 952 00:52:04,300 --> 00:52:07,300 why we put truth in art. And this is why we, you know, 953 00:52:07,500 --> 00:52:11,700 ridicule stupid. Ideas with humor because this is 954 00:52:11,700 --> 00:52:13,100 how the world works. You? 955 00:52:13,900 --> 00:52:17,100 Hey, I don't make the rules. I just follow them as we say, 956 00:52:17,300 --> 00:52:19,900 tweet to the bullets, mean, for the artillery, and you guys are 957 00:52:19,900 --> 00:52:22,200 the Frontline soldiers. Anyways. 958 00:52:23,400 --> 00:52:25,200 This first mean, shouts out to Greg zaj. 959 00:52:25,200 --> 00:52:29,000 Greg zaj one on Twitter and this is, this is kind of this is my 960 00:52:29,000 --> 00:52:30,900 view. We got Always Sunny, we got 961 00:52:30,900 --> 00:52:33,700 Dennis here and he goes, hey Dee, they're putting jpegs on 962 00:52:33,700 --> 00:52:36,800 the time chain again and then he goes, I don't care and we got 963 00:52:36,800 --> 00:52:40,100 Dennis like shit. I don't care either and he just 964 00:52:40,100 --> 00:52:44,800 goes ordinals like this again, all right? 965 00:52:44,800 --> 00:52:46,500 On the same vein, shouts out the brine. 966 00:52:46,500 --> 00:52:51,000 Trolls AKA Bitcoin isn't about you and this is the same. 967 00:52:51,100 --> 00:52:53,000 I honestly, I didn't know Nico is going to bring up. 968 00:52:53,200 --> 00:52:55,100 Reynolds again today. I just kind of found some good 969 00:52:55,100 --> 00:52:58,500 memes and you know again synchronicities and it's working 970 00:52:58,500 --> 00:53:00,000 out. Anyways, we have another 971 00:53:00,000 --> 00:53:03,300 Simpsons mean here today, and it's a bus driver and he goes 972 00:53:03,300 --> 00:53:06,300 don't make me tap the sign and he Taps the sign. 973 00:53:06,300 --> 00:53:09,700 And this is a tweet by by Brian and goes. 974 00:53:09,900 --> 00:53:13,400 If I hear one more idiot as what if someone puts a bad picture in 975 00:53:13,400 --> 00:53:17,300 the blockchain, you have always been able to put random data and 976 00:53:17,300 --> 00:53:20,300 pictures on the blockchain. You literally cannot stop. 977 00:53:20,300 --> 00:53:23,600 It Bryan, scholz gets it. Anyways, the next me Me Matt, 978 00:53:23,600 --> 00:53:24,800 bold, Bitcoin. He goes. 979 00:53:24,800 --> 00:53:27,100 Hashtag Bitcoin isn't going to a million. 980 00:53:27,100 --> 00:53:30,800 The dollars. Dropping to a Satoshi of bars. 981 00:53:30,800 --> 00:53:34,600 Anyways, this is the Drake meme and we got the Drake No hotline. 982 00:53:34,600 --> 00:53:38,300 Bling going Bitcoin is going to a million and he goes, no Drake 983 00:53:38,400 --> 00:53:40,700 going. Yeah, the dollar is dropping to 984 00:53:40,700 --> 00:53:44,300 a Satoshi soon soon, very, very soon. 985 00:53:44,600 --> 00:53:48,300 And this next means shouts out the 21 JC LP, and he goes hot, 986 00:53:48,300 --> 00:53:50,600 or our portal to a better future. 987 00:53:50,600 --> 00:53:54,700 Hashtag Bitcoin 24/7. And Can see the hot oil portal 988 00:53:55,500 --> 00:53:58,900 of Bitcoin going into a brighter better future. 989 00:53:58,900 --> 00:54:01,300 This is what happened. When you had all those Bitcoins, 990 00:54:01,300 --> 00:54:03,800 this is what happened. When you go into the Bitcoin 991 00:54:03,800 --> 00:54:07,000 Rabbit, Hole your whole life changes and hopefully you become 992 00:54:07,000 --> 00:54:09,400 a better person. Anyways, this next one chefs out 993 00:54:09,400 --> 00:54:11,000 to online hotter. I thought this one was 994 00:54:11,000 --> 00:54:13,800 absolutely hilarious. Because yesterday rested and 995 00:54:13,800 --> 00:54:16,300 Nico and I were laughing at Gigi doing. 996 00:54:16,900 --> 00:54:17,900 What was it? What's the show? 997 00:54:17,900 --> 00:54:20,800 Like hard money, or something hard money conversation with 998 00:54:20,800 --> 00:54:22,700 Matt Odell? No, no, no. 999 00:54:22,700 --> 00:54:23,500 What is it? That's this. 1000 00:54:23,500 --> 00:54:26,100 That's this one show. No, that's it was called 1001 00:54:26,100 --> 00:54:28,500 somebody is the Bitcoin magazine show? 1002 00:54:28,500 --> 00:54:31,100 I forget that, I swear to you. I swear it was hard money, 1003 00:54:31,100 --> 00:54:33,600 something. But anyways, I just want you. 1004 00:54:33,600 --> 00:54:36,800 All right, whatever. Anyways, the meme is here. 1005 00:54:36,900 --> 00:54:38,900 I'm looking, yeah, you could look it up, why I cover this 1006 00:54:38,900 --> 00:54:42,200 Meme and okay. So online Halo goes Normie, show 1007 00:54:42,200 --> 00:54:43,400 me. Something that will help me 1008 00:54:43,400 --> 00:54:46,100 understand Bitcoin. Something a regular Joe can 1009 00:54:46,100 --> 00:54:48,800 watch to know. Bitcoin isn't just for criminals 1010 00:54:48,900 --> 00:54:51,300 me. Sure, here's my friend, Gigi 1011 00:54:51,300 --> 00:54:55,200 with a pillowcase. His head and glasses and a peak 1012 00:54:55,200 --> 00:54:59,100 TCP server hat on. Oh man, I love this one because 1013 00:54:59,100 --> 00:55:02,500 yellow Gigi's, one of my favorite bitcoiners, but like 1014 00:55:02,500 --> 00:55:06,300 I'd be lying to you guys. If I didn't acknowledge the 1015 00:55:06,300 --> 00:55:08,800 fact, if you showed a normal person, this picture the be like 1016 00:55:08,800 --> 00:55:13,300 what in the world is God, is that a pillow? 1017 00:55:13,600 --> 00:55:17,300 I think it is shut though. The GG man is so funny, takes 1018 00:55:17,300 --> 00:55:20,400 his privacy serious. Did Shots Out The gg-go? 1019 00:55:20,400 --> 00:55:24,400 Go did with the sauce. Did you find the show? 1020 00:55:24,400 --> 00:55:25,300 Nico. Did you find this? 1021 00:55:25,300 --> 00:55:28,300 Yes I did. So it's so the the swan shows 1022 00:55:28,300 --> 00:55:31,900 called we know that one. What is happening now and the 1023 00:55:31,900 --> 00:55:34,400 new show from Bitcoin. No, I'm just trying to clarify 1024 00:55:34,400 --> 00:55:34,900 it. Okay. 1025 00:55:34,900 --> 00:55:38,100 The new show from Bitcoin magazine, it's called Freedom 1026 00:55:38,100 --> 00:55:40,700 money, okay. I think that'll Dell is hosting 1027 00:55:40,700 --> 00:55:43,700 that so awesome. Just to, just to be specific. 1028 00:55:43,900 --> 00:55:48,000 Both shows are awesome. Appreciate it, appreciate it. 1029 00:55:48,000 --> 00:55:50,900 So, I was kind of close. I was kind of close. 1030 00:55:50,900 --> 00:55:55,400 Alright, anyways, this next me. Is by the BTC therapist again, 1031 00:55:55,400 --> 00:55:58,100 he's killing it in the meme game and he goes hashtag, Bitcoin is 1032 00:55:58,100 --> 00:56:01,900 a journey and we got some steps here and we gotta you know a 1033 00:56:01,900 --> 00:56:04,900 businessman at the bottom going inflation is killing me. 1034 00:56:05,100 --> 00:56:07,900 And then the next step where Ray dalio is what is money. 1035 00:56:08,200 --> 00:56:10,700 And then the next step, wait, what is bitcoin? 1036 00:56:10,700 --> 00:56:13,600 And he's starting to think in Bitcoin and then he's got a 1037 00:56:13,600 --> 00:56:16,800 little briefcase and he goes first Bitcoin purchase and then 1038 00:56:16,900 --> 00:56:18,700 a next step and goes unit of account. 1039 00:56:18,800 --> 00:56:22,400 And then the next step, where he is the Victor on top holding 1040 00:56:22,400 --> 00:56:26,100 one, Whole Bitcoin, shouts out to you therapist. 1041 00:56:26,100 --> 00:56:29,200 This is the Bitcoins, hero's journey and they showed that the 1042 00:56:29,200 --> 00:56:32,200 dark:, he tagged me in this this morning and of course I had to 1043 00:56:32,200 --> 00:56:34,300 put it in. This is a mean by at Hot on 1044 00:56:34,300 --> 00:56:37,000 never saw it. Only goes how cold is your 1045 00:56:37,000 --> 00:56:41,700 Bitcoin cold storage and you can see here that it's an office 1046 00:56:41,700 --> 00:56:45,500 that's just completely snowed out completely iced out. 1047 00:56:45,500 --> 00:56:51,000 That's how cold you're cold storage, should be literal. 1048 00:56:51,000 --> 00:57:02,800 Coldfoot On that vein. On that Vein, on the vein of 1049 00:57:02,800 --> 00:57:08,100 cold storage, I'm going to give it one glove that I wear on my 1050 00:57:08,100 --> 00:57:10,700 morning walks. When it's very cold out there, 1051 00:57:10,700 --> 00:57:14,800 you know, keeping my hands warm while I'm holding the cold 1052 00:57:14,800 --> 00:57:18,100 storage. I'm going to give it a dancing 1053 00:57:18,100 --> 00:57:19,500 squirrel. That's my score. 1054 00:57:20,000 --> 00:57:24,400 My score is a dancing squirrel. Boom, boom, anybody. 1055 00:57:24,400 --> 00:57:27,800 Anyways, everybody, this is simply Bitcoin Live While You 1056 00:57:27,800 --> 00:57:30,700 Drop Your Meme scores in the live chat. 1057 00:57:30,900 --> 00:57:34,100 I want to tell you guys about our awesome merch sponsor 1058 00:57:34,200 --> 00:57:38,100 represent LTD.com it makes simply Bitcoin were chopped. 1059 00:57:38,100 --> 00:57:40,900 He's wearing the the the piece bombs. 1060 00:57:41,500 --> 00:57:44,100 Love that lip balms. Truth bomb proof on Truth. 1061 00:57:44,100 --> 00:57:48,200 Bombs the The hoodie version of that is sold out. 1062 00:57:48,200 --> 00:57:51,800 There's there's t-shirts left. Also, we got, we got a got hats 1063 00:57:51,800 --> 00:57:54,200 as well. Check out, representing t.com, 1064 00:57:54,200 --> 00:57:56,300 search simply Bitcoin the links Down Below in the video 1065 00:57:56,300 --> 00:57:58,700 description and you could use the promo code is simply Dash 1066 00:57:58,700 --> 00:58:01,000 Bitcoin, get yourself a discount. 1067 00:58:01,000 --> 00:58:05,400 Anything off the represent, LTD.com store anyways, Opti, 1068 00:58:05,400 --> 00:58:07,700 let's get through. Let's get through some scores. 1069 00:58:09,000 --> 00:58:12,400 First one by internet. Sophie I give the memes a 1070 00:58:12,400 --> 00:58:16,000 vibrating. Tempur-Pedic, I am very unlucky. 1071 00:58:16,100 --> 00:58:17,100 Okay. Okay. 1072 00:58:17,500 --> 00:58:20,800 I'm looking forward towards the vibrating Tempur-Pedic. 1073 00:58:20,800 --> 00:58:26,400 That sounds really big. Is that coin? 1074 00:58:26,400 --> 00:58:29,900 I give the memes, I bonds, just buy Bitcoin. 1075 00:58:30,000 --> 00:58:33,100 All right, next one, we got Hammer saw. 1076 00:58:33,100 --> 00:58:36,900 I give the memes a Bitcoin ski mask, very, very nice. 1077 00:58:37,300 --> 00:58:41,100 Very, very nice. Next one, The pman Vanna give 1078 00:58:41,100 --> 00:58:44,700 the memes bashing Bitcoin, while promoting Bitcoin parenthesis 1079 00:58:44,700 --> 00:58:47,200 kept it clean today, very, very nice. 1080 00:58:48,500 --> 00:58:52,400 Next one by Igor, I give the memes of the Lonely, dancing 1081 00:58:52,400 --> 00:58:55,800 squirrel and Ray dalio his head, that keeps whispering to him. 1082 00:58:56,500 --> 00:59:01,800 You don't have enough big hunt. That's why he's saying that Phil 1083 00:59:01,800 --> 00:59:04,900 see, I give the memes mongers, dirty diapers. 1084 00:59:04,900 --> 00:59:10,100 Yeah, very, very nice. A Frank arnai give the memes one 1085 00:59:10,200 --> 00:59:13,500 floaty, Unstoppable, Chinese. Hold on, hold on, hold on this 1086 00:59:13,500 --> 00:59:15,500 next one. This next one is in the score 1087 00:59:15,500 --> 00:59:17,600 but I want to I want to highlight it anyways. 1088 00:59:18,000 --> 00:59:21,200 Aw See, the Michael Jackson of Bitcoin with his one, glove 1089 00:59:26,700 --> 00:59:30,100 Kumo, shout-out Kumo. One of our awesome writers. 1090 00:59:30,100 --> 00:59:34,500 By the way, I give it a copy pasted, Microsoft Paint, wizard. 1091 00:59:35,200 --> 00:59:38,500 Very nice. Justin Griffin says, I give the 1092 00:59:38,500 --> 00:59:41,900 memes Nico ignoring his fire alarm the same way with aliens 1093 00:59:41,900 --> 00:59:47,600 ignoring facing that is hilarious. 1094 00:59:47,700 --> 00:59:49,600 All right. Narwhal tacos. 1095 00:59:49,600 --> 00:59:52,700 I give the memes a better world for our children Bitcoin. 1096 00:59:52,800 --> 00:59:53,900 Very nice. Let's go. 1097 00:59:54,900 --> 00:59:59,100 Luke T I give the meme Charlie munger's life insurance premium. 1098 01:00:00,400 --> 01:00:03,900 Oh man, Josh Alex, I give the memes, a Chinese, spy balloon 1099 01:00:03,900 --> 01:00:07,400 and its cost of inflation. All right, I'm putting this one 1100 01:00:07,400 --> 01:00:10,000 in just because I really want to know of Mika knows what this is. 1101 01:00:11,300 --> 01:00:13,800 I give the memes a blumpkin. I don't know. 1102 01:00:13,800 --> 01:00:17,100 But it sounds familiar. Perfect. 1103 01:00:17,100 --> 01:00:21,300 Perfect, perfect. Last one, Edgar? 1104 01:00:21,400 --> 01:00:25,200 See I give the memes a 4 MB Monger monkey ordinal. 1105 01:00:25,200 --> 01:00:30,900 Jpeg become my favorite part of the show. 1106 01:00:31,300 --> 01:00:34,100 Alright also guys, check out, Simply Bitcoins telegram group. 1107 01:00:34,200 --> 01:00:36,000 Shout out to Darth coin, holding it down. 1108 01:00:36,000 --> 01:00:39,900 Go to www.ah.mil /, simply Bitcoin TV is absolutely free. 1109 01:00:39,900 --> 01:00:42,000 It's partying there. Also check out Simply Bitcoin 1110 01:00:42,000 --> 01:00:45,800 unfiltered WW2 coin down uses a written version of this show. 1111 01:00:45,800 --> 01:00:48,200 Shout-out to our awesome Riders are so many of you guys. 1112 01:00:48,300 --> 01:00:52,600 Guys now dropping the signal drop in the signal. 1113 01:00:52,700 --> 01:00:55,900 Love all you guys. Anyways, everybody software or 1114 01:00:55,900 --> 01:00:59,500 website it is Friday so I guess it's. 1115 01:00:59,900 --> 01:01:03,000 Yeah, it's it's shots on to everyone on Fountain. 1116 01:01:03,000 --> 01:01:05,300 It's websites. I guess it's plebiscites. 1117 01:01:09,700 --> 01:01:11,100 Wait websites. Where is there? 1118 01:01:11,100 --> 01:01:13,400 No, audio on that one. Anyways anyways anyways. 1119 01:01:13,400 --> 01:01:16,900 All right, guys, first and foremost, I told you guys this 1120 01:01:16,900 --> 01:01:20,800 this week that if you guys clip us on Fallon, I will bring them 1121 01:01:20,800 --> 01:01:23,300 up and I remember that we did have one this week. 1122 01:01:23,300 --> 01:01:26,000 So shout out to Mark Jones 41 on Twitter. 1123 01:01:26,300 --> 01:01:30,500 He did a fountain clip of dr. Jeff Ross, dr. 1124 01:01:30,500 --> 01:01:35,300 Bull on bitcoin dr. Bull goes from bear to boil on 1125 01:01:35,300 --> 01:01:38,300 the show, you guys, honestly, I think the first 20 minute, like 1126 01:01:38,300 --> 01:01:40,800 the whole in. Our view is absolute fire, but 1127 01:01:40,800 --> 01:01:45,500 that first 20 minutes of dr. Jeff Ross explaining, his bull 1128 01:01:45,500 --> 01:01:47,800 thesis for why he is turning bullish. 1129 01:01:47,800 --> 01:01:51,600 I think is, is a must listen, for, not only bitcoiners out 1130 01:01:51,600 --> 01:01:54,800 there, but to give to your Normie friends that are on the 1131 01:01:54,800 --> 01:01:58,800 fence. So, again, I can't cover 1132 01:01:58,800 --> 01:02:03,000 everything, but appreciate to all you guys straining a SATs. 1133 01:02:03,300 --> 01:02:07,300 I I couldn't cover every single stream because you guys are, are 1134 01:02:07,400 --> 01:02:11,300 are blowing us up in a good way. So I took I took as much as 1135 01:02:11,300 --> 01:02:14,600 possible so that I get everyone's name here and we'll 1136 01:02:14,600 --> 01:02:18,500 cover them right now. So first we got some nine set 1137 01:02:18,500 --> 01:02:21,500 streams by user. Seven eight, nine zero, eight 1138 01:02:21,500 --> 01:02:26,400 three, nine three, four, seven, seven 3000 68 and this is a 1139 01:02:26,400 --> 01:02:29,400 episode 658. Michael sailor, Bruce Jamie 1140 01:02:29,400 --> 01:02:32,900 dimon. Next, we got some 14 set streams 1141 01:02:32,900 --> 01:02:36,900 by Clark and shout out to you. I think you might have been the 1142 01:02:36,900 --> 01:02:41,100 top streamer this last week. And these were on at least just 1143 01:02:41,100 --> 01:02:42,800 last stream was on dr. Jeff Ross. 1144 01:02:42,800 --> 01:02:44,800 Bullish on bitcoin simply Bitcoin. 1145 01:02:45,000 --> 01:02:48,000 I arouse some more from user 7, 8 9. 1146 01:02:48,300 --> 01:02:53,600 Alright, next page, again some more Clark Ian stream, shouts 1147 01:02:53,600 --> 01:02:56,100 out to you bro. And user 7, 8 9. 1148 01:02:57,000 --> 01:02:59,400 I thought, I thought I'd clean these up a little bit. 1149 01:02:59,600 --> 01:03:00,800 But anyway, shout out to you bro. 1150 01:03:00,800 --> 01:03:05,500 And then we got some 9 set streams from how was right on, 1151 01:03:05,500 --> 01:03:07,500 simply Bitcoin. How was right? 1152 01:03:07,500 --> 01:03:13,100 Shouts out to you guys. Next one we got user 1310. 96 18 1153 01:03:13,100 --> 01:03:17,700 to 1 2 8 4 3, 7 4 and this is on the dr. 1154 01:03:17,700 --> 01:03:19,900 Jeff Ross. Bullish on bitcoin simply 1155 01:03:19,900 --> 01:03:24,000 Bitcoin IRL and he goes for some reason. 100 SATs looks like a 1156 01:03:24,000 --> 01:03:25,900 hundred dollars to me when I have to spend it. 1157 01:03:25,900 --> 01:03:30,800 Sorry, Nico shot, do you bro? All right. 1158 01:03:30,800 --> 01:03:33,400 This next one is an on-set stream. 1159 01:03:33,400 --> 01:03:38,100 Well there's a couple by rag 3 underscore AF and these ones 1160 01:03:38,100 --> 01:03:43,100 were on I sewed 667. Europe's de facto open source in 1161 01:03:43,100 --> 01:03:46,400 parentheses Bitcoin been. Okay, let me get to the next 1162 01:03:46,400 --> 01:03:49,800 page. Again, some more by random user 1163 01:03:49,800 --> 01:03:57,500 13 1096 1821 284 3749 set streams on episode 668. 1164 01:03:57,800 --> 01:04:00,200 Charlie Munger calls for Bitcoin ban. 1165 01:04:00,700 --> 01:04:04,300 This next one a 475 stat Boost from Darth coin. 1166 01:04:04,300 --> 01:04:08,100 Shout out to you bro. And this was on the again dr. 1167 01:04:08,100 --> 01:04:10,500 Jeff Rashmi. Lashon Bitcoin, simply Bitcoin 1168 01:04:10,500 --> 01:04:13,200 IRL excellent. IRL Berry good points. 1169 01:04:13,200 --> 01:04:15,300 Again guys, go check that one out. 1170 01:04:15,300 --> 01:04:18,000 If you aren't bullish, go, get bullish. 1171 01:04:18,000 --> 01:04:20,800 And this next one. Again I know I said I'm trying 1172 01:04:20,800 --> 01:04:25,500 not to double to double the the comments but shot the dog coin, 1173 01:04:25,700 --> 01:04:32,200 632 sads, boost income and comment he goes here's the 666 1174 01:04:32,200 --> 01:04:35,500 ads because you skipped the evil episode of 666, really funny. 1175 01:04:35,600 --> 01:04:38,700 That Jack broke the wall of the Satoshi with promoting notch. 1176 01:04:38,900 --> 01:04:43,500 Stir to shit corners. And I think this last user, I 1177 01:04:43,500 --> 01:04:47,600 think I might have named him. But anyways, user 1310, 96 18, 1178 01:04:47,600 --> 01:04:53,900 284 3740. No, no, no. 1179 01:04:54,800 --> 01:04:57,200 All right guys, thank you so much for joining us another 1180 01:04:57,200 --> 01:05:01,300 episode of Simply Bitcoin IRL, find us on our Audio. 1181 01:05:01,300 --> 01:05:06,100 Only anchor Spotify, Apple Fountain and appreciate 1182 01:05:06,100 --> 01:05:08,700 everybody who's joined the valley for Value economy. 1183 01:05:08,900 --> 01:05:11,300 Screaming assets, love you all guys. 1184 01:05:11,300 --> 01:05:14,600 I hope you all. Enjoy your awesome weekend. 1185 01:05:15,300 --> 01:05:17,900 If you enjoyed the content, make sure to hit that like button and 1186 01:05:17,900 --> 01:05:19,700 consider subscribing. If you feel like we provided you 1187 01:05:19,708 --> 01:05:22,200 value, the number one thing you could do to help this video and 1188 01:05:22,200 --> 01:05:24,400 happened. In fact, help all Bitcoin 1189 01:05:24,400 --> 01:05:27,800 content is share the content, get it out there, get it out 1190 01:05:27,800 --> 01:05:30,900 there to share it. Text it to your friends, orange 1191 01:05:30,900 --> 01:05:32,800 peel them. That's how we push the peaceful 1192 01:05:32,800 --> 01:05:35,200 Revolution forward. Anyways, we'll see you tomorrow 1193 01:05:35,200 --> 01:05:38,000 for a brand new episode of Simply Bitcoin IRL. 1194 01:05:38,600 --> 01:05:40,300 We Have awesome. Sorry. 1195 01:05:40,300 --> 01:05:42,600 Simply Bitcoin live. See you on Monday and we have 1196 01:05:42,600 --> 01:05:46,400 simply Bitcoin RL lined up for next week as well as T t0 and 1197 01:05:46,400 --> 01:05:49,600 rusin is going to be dropping some clips over the weekend and 1198 01:05:49,600 --> 01:05:53,900 we have a new video essay tomorrow premiering at noon. 1199 01:05:54,200 --> 01:05:56,700 Love you all have a great weekend and we'll see you Monday 1200 01:05:56,700 --> 01:05:58,600 morning these out.