I don't believe sufficient ever have a good money against before
we take something out of the names of governments, welcome
back. We're simply Bitcoin.
It is the weekend recap. We break down the news.
The daily fail mean review, software releases Hardware
releases and the websites by plebs.
We are diving into the numbers, let's do it.
Another time. Brought to you, by Bitcoin 2022,
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At the time of this recording the block height of seven
hundred. Twenty seven thousand two
hundred and five the Coin price, 30 8605 chain rewrite day, 713
total public lightning capacity, 3500 11.50 five Moscow, time
2588 blocks to The Happening, 112 1795.
And the samurai Whirlpool, unspent capacity, Samurai
Whirlpool is a coin join or collaborative spend service.
They've got 4380 3.72 Bitcoin in there, Nico, the numbers, the
numbers, Numbers. Absolutely boring.
We're channeling what a weekend. It's always it's always a good
time to stack. It's always a good time to
stack, and he can keep saying it was a flat weekend and fill keep
saying, keep keep keep beating that drum of the unspent
capacity because we are going to make that, you know, they're
gonna they're gonna, they're gonna make that illegal one day
bro, mixing services. So, keep saying that as long as
it's legal for and hopefully, I think that's going to be The
case for the foreseeable future but eventually they're going to
go after all the hanging fruit. All the low-hanging fruit, I
think that's one of them. That being said, guys, I want to
talk about the battle between Bitcoin and slavery, it's
heating up. That's what I want to shape the
episode around today. So the the first section we're
going to talk about why it's important why Bitcoin is
important. Why this needs to win?
Why we don't have another option though.
Who's going to do is say his fail to lighten up the mood.
We're going to do the meme review.
Then after in the news we're also going to get into more
serious stuff. So starting it out check this
out. This is the this is blocked
data, right? And again, I told you why is
Bitcoin important. Bitcoin is important because it
protects the individual from debasement or wealth
confiscation by their governments.
In as the battle continues to heat up as we continue to go
deeper into the, then they fight you staged, the
environmentalists are going to use Bitcoins, you know, energy
usage as a vector of attack, right?
And they're also going to go after Self custody.
Those are the two weakest likes right energy?
Use a Bitcoin uses a lot of energy and the right to self
custody, because that could be dangerous because of terrorism
and money laundering and all that stuff, right?
So anyways I'm going to start with this.
This is all these countries that are highlighted represents one
point. 1 billion people all around the world I'm going to go
through some of them, right? You have your men 30% seashells,
10%, Ethiopia, 30, 40, 34% Zimbabwe, 25% Nigeria 16%
Brazil, 10% been as well at one thousand five hundred and
seventy-five percent eighty 11% Sierra Leone almost 12%.
Guinea 13%. So Dan three hundred and sixty
six percent. Libya 21%, turkey, 20% Belarus,
10%, Georgia, 12%, Russia. I might add also on there you
know because of the recent events that are happening,
Argentina 52% the u.s. it's getting up there right?
Almost eight percent at seven nine seven point nine percent.
So why am I going through this whole map?
Because if it wasn't for Bitcoin, You'd be forced to use
this fiat currency or other inferior ways of saving your
wealth. Right.
For example, if you use gold, right?
You buy physical gold, which by the way, is a bit coin show, but
I'm a fan of physical gold, right?
What? I'm not a fan of his paper gold,
but unfortunately, most people buy paper gold because physical
gold is very hard to custody. And think about it this way and
we've heard horror stories, right of people trying to bring
their wealth with them. Trying to escape their
totalitarian regime and they can't transfer their wealth out
of the country. I know that's the case with with
you Phil, right? That you have some wealth in
Canada and you can't take it out of the country, you know?
Because of the Fiat system, right?
Are you going to try to cross a border with some bars of gold?
What are those what are those border guards going to say open
your bag, please? Bitcoin changes everything.
Because For the First Time in human history you could store
billions if not trillions of dollars, literally in your mind
by memorizing, a 12 word or 24 word, fricasseed phrase, if your
memory sucks, you could write it down in tiny little microscopic
letters. You can hide it again.
A teeth, or under your stock, you can put it under your skin.
There's so many different ways. The point is, it changes the
balance of power Bitcoin as much as they would like to tell you,
this isn't necessary to send Bank, digital currencies case
they could do all of this stuff. The Central Bank digital
currencies aren't going to solve the two principal problems.
They're not going to protect you from debasement and they're not
going to protect you from wealth confiscation.
And as we saw in Canada as we saw in Russia, right?
Ours, we're seeing with the current situation in Russia.
Governments, these days are confiscating away and their
debasing away. Bitcoin is literally This, The
Shining hope this, shining orange, hope in this world of
darkness and evil, right? And it is the only way for
people in certain countries. I just read you a couple of them
to save for a better future. So I'm going to Stats the tone
that I want to set. Right before we get into the
other more dark stuff in in whatever.
Don't let these politicians, don't let these bureaucrats tell
you that Bitcoin is. Area, that proof of work isn't
necessary. Without proof of work
governments, will be able to debase proof of work is what
keeps it uncorruptible without proof of work.
They're going to add, they're going to say for National
Security. We have to be able to manipulate
the monetary policy. Proof of work is what ensures
the uncorrupt ability of Bitcoin.
Right? So I just wanted to say that I
wanted to make my case for why Bitcoin is necessary.
Phil what are your thoughts on all this?
I know there's a lot of information just put into one
thing now man, that was fantastic and I agree with you
and it got me thinking there was a tweet from the the Angry
Chihuahua leader Bob, I'm gonna find it.
We're gonna find that sweet. Okay, but it's a essentially
it's a tweet that says something like my hyperinflation or
something like that, you know, like when hyper and fight like
one of those, I'm gonna find it for you so we could pull it up.
So everybody has context but it was it was funny, right?
Is it he does bring up a good point and it's interesting that
you brought up that map, right? We see these terrible numbers,
last, I think it was last month or last quarter, we had what six
point nine percent, six point, nine percent growth.
So now we're at 7.9 percent. So okay, to his point
hyperinflation is not one second like one minute to the next,
right? It's not like all of a sudden we
just turn the key and it happens because the thing is, is that
what we don't? What we Can't appreciate okay
and I don't know if it's a matter of our human stupidity or
just our ability to ignore reality, I don't know what it
is. But how long can these
governments around the world continue to Kick, the Can down
the road and make everyone poor. You know as I mentioned in a
previous episode in Weimar Germany they were able to do
this for over 20 years and that's just one place.
They were able to do it for over 20 years and and nobody really
noticed and now right with the sophisticated, I guess we'll
call the Every tools that the government's have, maybe they're
able to extend that even longer maybe?
Okay, this is something else. We don't know.
Maybe, we're already in one of those life extension stages of
them, kicking the can down the road and it's at the end, maybe
in five years, the, the, you know, the the knob does turn.
And all of a sudden, we start to see, you know, 30%
quarter-to-quarter inflation or month to month inflation or
something like that. Like, when does it become
hyperinflation? Like, when do we Decide.
Okay, this is hyperinflation. Is it that we is it that we
can't afford basic necessities from morning to evening?
It is it then? And the question is Phil, like
and then it comes to a question of human, right of natural
rights, don't you? I would say, right?
And again, this is considered right wing extremists that
everyone has the right to save for the future without fear of
it being confiscated. By the government and it being
inflated Away by the government as well.
I think everyone has a right to do that.
Now I'm not advocating for, you know, the terrorists, you know,
whatever. But at the same time, it's like
you arrest that terrorist you, you put them under a trial but
we're living in an era where politicians and Canada and what
they did to the Russian people, there was no trial, there was no
court, it was by decree people had their accounts.
It's completely Frozen. No trial, no nothing.
It was just by. So the question that I have for
you guys is a question that I'm gonna, you know, dictate to
fill. Is Phil, do you believe that
human beings have a god-given right to save for better future
at without fear of it being confiscated, or being debased
away? My answer is yes, is that a
radical idea? I would like to think it is.
It it shouldn't be, it shouldn't be.
But, for some reason, there's a certain Sir type of bureaucrat
or politician that for some reason seems to think that it's
okay to inflate away our value and it's really it's really
psychotic, isn't it? Because I've said this before,
they do this to themselves, right?
Like this is what nobody understands like, like guys,
like we never get any of this time back, right?
I got it doesn't matter what your religious beliefs are
anything like that. Look at the end of the day.
If we're talking about what's here, and what's material one
day, we die, which means everything that we do just
ceases to exist. So like Why do we accept that
the time that we spend that we can't get back is made to be
worth less and less. Why do we accept that?
You know I asked this of myself, you know.
It's like I'm not just like asking a rhetorical question
like I don't because hey, I've worked and I've worked in Normie
job for, you know, over 25 years at least, like I completely
understand what it is and every single one of us, unfortunately
uses government Fiat dollars You know, whether you know whether
we're bitcoiners or not, we still have to interact with the
system and it's still, you know, it's still robbing us, right?
We we are, we are robbed by very virtue of participating in this
system. 100% 100%, dude. It's a shame.
But anyways, Phil it's time for the daily fail brought to you by
Amber app. Check them out.
Amber dot app, low fees, Fair spreads smart, automation a
Bitcoin stacking app Buy There's the link is down below smart
ways that sense Nico and I do not we do not rehearse a script
or anything. It just so happens that that
we're talking about inflation today.
Anyways. Okay.
The first part of the fail is this wonderful little speech by
Ben Bernanke. It's a tweet from Rudy
havenstein. It's not really Rudy haven't
seen, I don't think. But anyways, it's the Twitter
account called Rudy havenstein, anyways, Pimco.
Oh intern Ben Bernanke and December 2010.
We will not allow inflation to rise above 2% or less.
We could raise interest rates in 15 minutes if we had to all
those times were nice. Right?
Ha ha ha. Those were the good old days.
Let's fill take before you play it.
Could you give everyone a little bit of context of who Ben
Bernanke is 0. So, at the time, I think he was
the Fed chair, if I'm not mistaken, Ben Bernanke, was the
Fed chair at the time. And yeah, he's essentially
talking about not so subtly he's talking about the interest rates
and inflation. And without so many words, money
printing. It is money for it.
They call it for what it is. So he's a basically, sir, for
anyone who's following along. He's the Ben Bernanke was the
equivalent of what Jerome Powell is today.
Yeah, yeah, exactly. Anyone else?
Yeah. It's a hard time.
Okay? Goblin they're all evil goblins.
And Janet Yellen. Okay, here we go.
Actually Janet Yellen came right after him and she also said, she
also said we wouldn't have a financial crisis anyways it
doesn't matter. Here we go, let's watch this
vid. We've been very, very clear that
we will not allow Flash in inflation to rise above 2% or
less. Can you act quickly enough to
prevent inflation from getting out of control?
We could raise interest rates in 15 minutes if we have to.
So there really is no problem with Using rates tightening
monetary policy, slowing the economy, reducing inflation at
the appropriate time. Now, that time is not.
Now you have what degree of confidence in your ability to
control this 100%. Very, very dude.
Let me tell you, let me tell you something object, let me tell
you something. I no one knows everything 100%.
I think like there's gravity and there's like a couple things
that you're just like, there's a very strong probability that
gravity exists. Maybe, we don't know exactly how
it works and all that, but you could say, you know, I would
even say 100% was a 99.999999% when someone says a hundred
percent bro, full of kaka. Okay?
That's all I have to say, man, does he have a used car for you?
Ha ha ha. I mean like, you know, cause
right away, right? When you start to hear
guarantees when I think guarantees, I think multi-level
marketing. I think telemarketing, I right
away, and this guy is no different and and look in his
mind, right? Let's, let's play The Other
Side. In his mind, they have the keys
to the money printer. So of course they can do it.
But you see how like right away, like their only solution is to
what all of a sudden kill the economy from a different angle.
That's the only solution anyways.
Okay let's move on from the inflation stuff.
We're going to go take a look at some shit coining.
Okay. Here we go.
He's back. That's right.
The Pumpkin Man himself for the people who don't know.
There was a funny video of a lady calling calling Craig right
out as the pumpkin as the pumpkin patch man or the Pumpkin
Man. Anyways.
So look for the people who don't know who Craig Wright is right.
He's like the, I'd say he's one of the main enemies of Bitcoin
pretends to be Satoshi Nakamoto has attempted to sue multiple
bitcoiners including houghtaling not.
Anyways, every couple of years he comes back and and he stirs
up shit and this is the latest attempt to stir up shit.
Let's dive into it Craig, right? To sue coinbase over Bitcoin
listing. Craig right.
It will sue coinbase and potentially other exchanges over
listing Bitcoin Craig Wright confirmed in an interview that
the biggest legal case in human history will drop later this
year. I just want to note every single
time he has threatened Bitcoin or bitcoiners.
He has always said that it's going to be some earth-shaking
listen in 2019. I think there was the bonded.
Courier That was supposed to show up that never showed up for
that was 2020. Every couple of years.
There's something new, he's going to drop a bombshell.
It's going to destroy the Coin, because he is the great Satoshi
Nakamoto. Anyways, none of that is true,
but let's, let's continue here we go, the Australian man said
last year, that the case had been three years in the
planning. Now, I just want to note for
years ago, bsv, forked off from from bch, which is Bitcoin cash.
So, about a year after he shit. Forked, he started planning, he
started planning this. So I just wanted that.
I just want that to stick in people's mind while we go.
Through this article. And then we're if on this
because all of this is very important.
Craig Wright will sue, coinbase and probably other major
exchanges later this year over their listing of Bitcoin, right?
Who claims that his Bitcoin Fork bsv, is the real incarnation of
the Bitcoin, white paper yesterday, promised the biggest
legal case in human history with reference to bitcoin being
passed off as the real thing by exchanges a proposition, his
legal backer. Calvin Eyre said was a good bet
right as a long-standing hatred for coinbase.
And it is clear that his goal is to force them and others in
either license, bsv or Force Bitcoin to change.
Its name or both, keep in mind, nobody owns Bitcoin.
So, I've no idea how he's going to do that, but this is very
important, right? Promises biggest illegal case in
human history, right? Was speaking yesterday to David
Porter, Chief Operating Officer at Global boost when the subject
of Bitcoin and bsv came up conversation, that's all right
up. The stakes in his legal battle
to force bsv on the world, they're passing off and they'll
see that later. This year, I'll give you a
little hint, it's probably going to be the biggest legal case in
human history. This one's going to make British
American Tobacco, looks small. It's not clear which of the
various lawsuits British American Tobacco has been
involved in that. Right is referring to.
But in 2015, the company was forced to pay out more than 15
billion to Canadian. Smokers in a landmark class,
action lawsuit. This is complete nonsense and
Hocus Pocus. And and I'll explain why.
After this is exactly, like he does this all the time.
Time he takes things that are completely unrelated and then he
decides that they make sense in context of bsv like it's a shit
Fork of a shit Fork. It's not the original Bitcoin.
How do you not understand that? It's just I don't get how he
doesn't. Anyways let's continue.
We're going to finish this up and then R if there's a way out
for coinbase. If they negotiate a license
lists Bitcoin bsv they get to exist if not we obliterate them.
So it seems to me much more like it's a bit of a pissing battle
that they won't list your shit. Um-hum, bud.
Just remember, I'm only just beginning.
If you think anyone who opposes me in my original protocol
survives this that any company that claims BTC is Bitcoin, does
not go down in flames. 20:22 will be the Harvest Year.
Please note 2021 was the Harvest here so is 20/20 so is 2019
okay. Every year has been the Harvest
year for bsv. And every year there's
absolutely nothing. Right?
Claims are centered around his supposition the Bitcoin.
As it exists now has been so removed from the original Vision
in the white paper with the introduction of seg with the
lightning Network and Taproot that it could no longer be
called Bitcoin. Bsv on the other hand has none
of these features and scales only by increasing block size
with the result that bsv miners. Are mining 2gig blocks, this is
led to the number of nodes able to service the protocol crashing
from the hundreds when the protocol launched in 2018 to
just over a dozen Even now with successive, 51% attacks
occurring on the network. Last year, a case of this size
would take years to play out. Meaning that Bitcoin holders are
safe for some time to come yet and possibly forever, indeed.
Okay, this is this is part of the this is part of the trick
that Craig does, right? Because he understands he can't
go after Bitcoin. But if he goes after the
exchanges, he can make it seem to his bag.
Like he's actually doing something legitimate, but he's
not like really. At the end of the day, coinbase
has no claim over Bitcoin. This is fucking psychotic
nonsense from a lunatic, anyways.
Anyways, daycare danger, a dangerous one.
I might add a danger Bitcoin. Yes.
And he says Bitcoin is not real, okay.
So here we go. Let's, let's go back.
His shit for came out in 2018 or 2019.
I think it was 2019 or whatever. It doesn't, might get
difference. Okay, let's take a look at this.
I'm sorry, I can't get this chart.
Any bigger? ER, I've showed it before going
to do my best here. This is the hash rate right?
As Nico explains so elegantly, which I will do very quickly, it
is what secures the Bitcoin Network, this Flat Line.
This flatbed line that is almost non-existent.
The non-visible is the bsv hash rate, no one's minding this
shit, this is garbage, this is trash and they're getting
there's consequences snake, oil salesman, sorry.
There's consequences of no one minding that which is why it's
been able to be 51% attack. The hash rate is the
computational power actively, the average computational power,
actively mining that specific chain and what pit would fill
pointed out so well, right is that the bit the the bsv hash
rate has actually gone down, meaning the network is less
secure and if you look at Bitcoins hash rate, look at the
chart, it's actually more secure than when the fork.
It happens. So again, Focus.
Not so much on what Craig or all these snake.
Oil salesman. Czar, telling you what I always
tell people, if you want to look at the health of Bitcoin, don't
look at the price, look at the hash rate.
And look at the amount of nodes backing up the network, both of
which, in Bitcoins case have gone up exponentially, that
isn't propaganda. That isn't spin.
These are things that you could verify on your own.
You could see it for yourself. Literally bsv is a less secure
network and the 51% attacks. Multiple have proved that and
it's centralized, of course. Yes.
Okay, so hold on, hold on. Last little picture here, just
to illustrate this. I know we don't like to deal
with price charts, but I had to put bsv on the logarithmic
chart, look. This is literally what look,
this is what you're buying. This is dog, shit.
Okay. You see what this is.
This is a long chart of failure. Okay.
So look. So you've got Somebody here.
Okay, you've got just just imagine for a second, a depraved
narcissist. Okay.
Imagine you've been lying for like the last seven years about
somebody that you're not and imagine okay?
You have a very sketchy partner and you're both duping people
into an affinity scam, okay? How do you keep this ball
rolling? This is an ingenious plan
because look the The the trials are done, right?
Like he's losing one trial after another.
He just, he just, what was it? He just applauded having to pay
a hundred million dollars. He gone battle in dude, he call
that a win. You're smoking Rock Spot.
That's not a win. You're smoking rocks, and you're
an idiot. Okay, so so look clearly it's
going down in flames. Clearly you can't.
You've got this thing that gets 51% attack.
You've got this thing with the lower hash rate, so what is
next? He can't attack Bitcoin itself
but he can attack Tack the entities like the exchanges,
he's already tried attacking the devs and granted some devs did
get scared off and and I can't, I can't blame them because look,
everybody has look at the end of the day, you're no, none of us
are better than our incentives. You have families.
You have mouths to feed to each their own, but you see he tried
that angle. It didn't work very well.
Because guess what, he can't go chasing all the devs around the
world, but he can definitely, he can, definitely go chasing
centralized, entities and corporations.
So, enter coinbase, and where is he going, right?
He's going to coinbase now. See, why doesn't he go to the
smaller ones and build up a whole little cash of like, I can
beat all these little people out.
No, he wants to go where there's going to be the most attention
and the biggest bang. Because at the end of the day,
he's a Salesman and he needs to rent seek.
Anyways, that's, I just thought this was hilarious and like,
good luck to you bud. You did great, you did a great
job like illustrating everything.
Yeah, dude, Craig cswe He's not Satoshi, he's a danger to
bitcoiners, he successfully used the BS, libel law system, and
the UK to go. After the Space Cat to go after.
McCormack to go after Cobra, which he's the maintainer of the
Bitcoin dot org website. And actually forced bit, dog,
Bitcoin dot-org, not to offer the Bitcoin software in the UK.
Write like this guy. He's an enemy of Bitcoin and
he's using, what's his? Enter the the Calvin ire Alvin
iron which he's very well-funded.
He's using his big war chest to go after little guys to convince
people like yes we are. We are the real Bitcoin but I
suspect the steam is running out.
This boat is running out of steam you know.
And again like I always say this guy's like a wounded animal
pushed into a corner that's when they get the most desperate.
He's going for a Hail Mary right now.
And yeah, dude, this guy's absolutely lost his mind.
He's dangerous. He's dangerous have, make no
mistake, right, but I know that bitcoiners are fighting back.
I know that hot or not. Shout out to him, bro.
He's, he's fighting, he's sticking.
He's sticking through that case. What from what I've heard, he
has a really good case and also Jack Dorsey.
Set up a fund to protect Bitcoin developers from these types of
attacks as well. So very interesting.
We'll stay on top of it like always but Phil it's time for
the daily being review. Brought to you by Citadel 21.
It's the best Bitcoin culture of zine.
It's Stories articles Comics by actual bitcoiners.
This is the artwork for volume 10 is the latest physical copy.
There's only 1000 copies made per volume per per per volume.
There's only 1000 copies. So get your print of Citadel 21
today before it runs out. All right, first meme is brought
To Us by Rasmus. He says woke, they literally
remove the Indian and kept the land.
Ha, ha ha. This is You guys, you guys
remember this? Do you guys remember this, you
know, it used to have a Native American here and that was part
of The Branding. I know.
They also did the same thing with Aunt Jemima, and I know
they did the same thing with like a sports team.
Like dude guys, right now, there is this, this is it dude, it's
cultural Marxism. That's what you're experiencing
in the u.s., it's the US version of the of the color Revolution
that happened in China and they're trying to change
history, the trying to rewrite history.
That's what they try to do with Nikolas.
Because the irony, though, think of the irony of you of this,
think about the irony of the, of the, of the, of the of the
Redskins, dude of the Redskins NFL team due date, and they
interviewed Native Americans about it and they're like, we
love that word thing. That's badass first and it's at
and it's actually liberals that are completely not related to
that like ethnicity whatsoever. They're the ones saying, you
guys should be offended. I'm feeling for you like, dude,
what it's like with that term. Latin X.
I'm Latino if you call me Latin, Exile, get very upset.
Hispanics. Can't pronounce the X but
they're trying to push it on you.
Oh, it's inappropriate to say Latino.
You have to say Latin that? How can we say a lot of next if
we can't pronounce the X like dude it's man it's Bonkers.
This is just hilarious. What's happening one anyways
moving on. Next one.
Bye. Nisbett and his knees mobit.
Many don't nin's obit. Many don't know yet few
specifically Bitcoin, Bitcoin banking system, money, printing,
politician, rent Seekers can so very nice done Nismo, bitch.
Shout out to you, brother. All Right, Moving On by the, you
guys know him from this is me this is me this you guys know
him from the Amber thing. Me as a Greek.
Seeing all the bitcoiners getting mustache.
Ashes, but Hank, is it potato? Is this cultural appropriation
so I don't know what's going on with the mustaches.
I totally don't know what the story is.
As soon as I figure it out, I'll let you know, if somebody knows
what it is, drop it in the comments.
Yeah, but everybody's got mustaches on.
It's a movement, right? You have, you know, you
essentially, you have pure Richard, you have Dylan.
You have all these things that all these bitcoiners that went
through and it happened to me myself to actually write for
some reason after You end up with a bunch of facial hair
specifically, the mustache isn't before Bitcoin.
You see all these people cleanly shaved.
So it's kind of a meme. It's kind of funny.
It's kind of stupid, but anyway, so this is what happens when
you're bored when the price is channeling anyways.
Next mean, by spent, a crusader, you'll see you'll soon be, one
of us NATO eu-ukraine UK USA. You'll soon be one of us,
Ukraine, Syria Afghanistan. Yemen, Iraq.
Bolivia haha. That was so dark.
But It's so true. Alright.
Anyways, next one, good morning, Formaggio just woke up and
thought how it feels how good it feels.
So in Bitcoin, everyone stupid, except me your.
It's not that you're smart. You just bought Bitcoin.
It's not that your Bitcoin. What?
I love? Matt Odell's famous line.
Stay humble stack SATs. Okay.
Anyway mean though State? Yeah, it is a great mean.
Thank you Phil. All right, last one by empty the
bank's, right? I lost stocks purchased by
Congress before The Invasion. Lat, what is, how is this legal
brno? It's psychotic.
How is this legal? I don't under it.
No. But remember, you have to report
your six hundred dollar transactions that's jobs.
None jobs, Road nutjobs. These people are insane.
Are you trying to store your wealth without us taxing?
It will look like this. The best part.
The S&P 500 down, 10% all of these Gaga.
All these congressmen Geniuses, they happen to be up.
Like, come on, bro. If that is a corruption, I don't
know. And then missing Gary Gensler
chair this SEC. It's true bro.
But it's all swamp and this is the same.
This is the same scammers. Fox same schmuck.
That this is one of the prove the Bitcoin ETF, bro, like so
stupid. You know what?
For those awesome mean I'm going to give it some salsa but it's
not only. It's not just salsa.
It's old Florida. Gourmet products, all natural
hot chunky salsa. I can attest to the hot.
It is, it is, it's not very spicy, but it's spicy enough for
it to taste good. Anyways.
Phil would you give those memes? It's a very heavy deep episode,
right? Deep weekend recap.
And for that I need to escape. So I am going with a special
candy, special gummies, Special Sauce Our raspberry.
Special gummies and some hot chunky salsa.
Awesome scores. Anyways guys, we want to know if
you agree with their scores, you disagree comment, comment,
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All right, guys, so this is shaping up by, you know, in the
beginning. And the number section, I was
just kind of setting the tone, guys, the stuff that we've been
talking about on this show, For about a year.
Now it's starting to seep into the mainstream that is because
this inflation thing is getting out of hand.
So people are waking up to the fact that there's an alternative
which is Bitcoin. The government is actively going
after that potentially going after that, escape valve to use,
Christine lagarde's on word, that, this inflation thing is
caused by the government themselves printing record
amounts of money. We've been talking Telling you
this in fact that's what we mostly cover on this show but
the good news is that it's finally sleep seeping into
mainstream conscious, it's seeping n.
And that is a big deal is a big deal for this revolution.
This the battle for self custody is being brought in front of the
mainstream Consciousness and it's a huge deal and where was
it? Brought and in front of
mainstream Consciousness on Tucker Carlson tonight, who is
Tucker? Austin tonight.
Why is he a big deal? He is the number one watched
table K Television primetime. Host in America right now, and
if you see the key demographics, 25 to 54 Tucker Carlson has 743,
which is that's how that this rating system works.
And if you compare that to everybody else it is much much
higher. And if you look, I think this is
the number of viewers, right? 3.9, almost 4 million active
viewers on. He averaged episode that he
does, right? And the closest is Hannity and
he's at 3.1 so Tucker basically almost has a million more
viewers and if you compare that to CNN CNN is in the millions,
you know, here's eight hundred thousand million million 1.4,
you know, we have the 5, which is 3 .8 gets pretty close right.
But Tucker again is the, you know, the big dog.
So why is that important? Why is it important that this is
happening? This is pouring it because These
are Concepts that bitcoiners have been screaming from the
rooftops, but again, it doesn't really matter if it doesn't
reach mainstream Consciousness. So what I did is I made a
montage of some clips of what Tucker did, its pretty long.
It's about four minutes for four and a half minutes and you'll
start to hear things that fill in.
I especially if you you know, if you've been subscribed to this
channel for you know, a couple months now, you'll Art to here,
Tucker talk about things that we have been hammering and home for
the last year, but he has four million people watching his show
night every night so absolutely crazy.
I think there's a historical moment.
Anyways, let's say oh and by the way, last comment, Michael
sailor, definitely orange killed this man.
Let's check it out. How long before the accuse you
of collusion or disloyalty or some other hard to Define crime,
declare you An Enemy of the State and then confiscate your
bank Something very much like that just happened in Canada, we
don't imagine. It could happen here mostly, we
just don't think about it. Some topics cannot be hidden and
inflation is one of them. Google can delete all the search
results it wants. But you still know what
hamburger and gasoline cost because you go to the store, you
know exactly how bad inflation is.
So what's causing it what is the root of the inflation if you
want to know the answer to that question?
The fastest way to get it is to check to see what politicians
are denying whatever they claim is.
Not the Cause of inflation almost certainly is the cause of
inflation and with that in mind here's Joe Biden telling you the
government spending, has nothing to do with it because American
people think the reason for inflation is government spending
more money, simply not true inflation.
Is a function of money supply. The more money you have in
circulation, the less that money is worth the month after Biden.
Became president, the supply of US dollars in circulation,
increased more than ever had before in a single month and
then it kept going higher month after month after month.
As the administration and the Congress kept the money tabs
open. And that's why we have historic
inflation now because they printed too much money, it's not
complicated, but it's not the whole story.
It did not start with Joe Biden to be fair in the months after
the 2008 financial crisis, the Federal Reserve de sumed,
emergency powers to respond to the financial collapse.
Now, if you're only seeing a theme Here, the people in charge
giving what I did fill in. I just talked about during the
fail. And during the thing, we have
been hammering. These points home guys, for many
many months now, The fact that this is being spoken about front
of 4 million, people is absolutely, this is changing,
this is waking up the Consciousness and people are
going to start asking questions and of course, where does that
lead to bitcoin baby sobs emergency powers in the face of
a crisis? They created you may be on to
something but any case after 2008, the FED dropped interest
rates to near zero and then begin printing money.
This was supposed to save. Our economy and maybe it would
have saved the economy if it had ended at some point.
But it did not end it, went on to the present-day that's nearly
14 years. And in the process, what was
designed to save our economy, destroyed our economy.
And now, we're at the end stage. The FED is out of Tricks.
So when you reach a state as we are now, you really have only
two options you can pretend it's not happening or you can blame
someone else for it and get rid of cash of course.
That's clearly, the plan. Joe Biden has just signed an
executive order, directing the government to go to study the
impact of cryptocurrency on financial stability that over
also asked the FED to explore creating a new digital currency
to be clear. Once they control the money,
they control. You completely, you have no
Freedom whatsoever. If they can take your money away
with a keystroke and it Carter is the co-founder of coin
metric. It's a blockchain data,
aggregator, you joins us to assess, this naked, Ona me
paranoid, but the US government has no right To take away my
cash, and if they want to, then maybe it looks like Gomez out of
it. Seem fair.
Yes certainly the digitization of cash is something you should
absolutely be concerned about the politicization of finance
and financial rails you have is well underway in the stereo
currently browned the CBD. See the enthusiasm for cbc's at
the executive, something we should be deeply worried about
so just bottom-line it for us. I know they would very much like
to regulate cryptocurrency to control it to make certain that
you can't make any transaction outside of their control.
Capable of that. Can they do it?
It really depends. Honestly, I mean we've seen some
troubling legislative developments in the last year
that have been aimed at making it more challenging and
effectively just legally harassing cryptocurrency,
entrepreneurs and cryptocurrency users and so they are tightening
the Noose to a certain extent. Now could the u.s. ban you know,
direct ownership of cryptocurrencies that would be
an extremely significant move. I don't know if you know that
would really work in a country with property rights like our Is
that would be something akin to being, you know, the private
ownership of gold. Obviously, that did happen is to
work in the US, but I think there's a significant enough,
you know, crypto user base in this country that that would be
very difficult for the governor to kind of push through.
Okay. So a lot to cover their, there's
a lot guys. This is a historic fucking
moment, okay? Because you essentially have
What, you know, the side people on the sidelines have been
talking about, you know, stuff that you read in the book you
know, creature from Jekyll Island, right talking about it's
the money printing. That is causing this stuff right
and at the same time you also have hey look you know, good to
use, Tucker's words, cryptocurrencies and alternative
but they actually might go after Self custody which is a topic
that we've been covered. We've been covering tremendously
on this show. Guys, this is historic.
This is definitely seeping into the mainstream Consciousness,
100%. I just hope this doesn't become
a bipartisan issue. It looks like it's, it looks
like it that's happening because what we see from The
Establishment left is ferocious fight.
And then what you're seeing from The Establishment, right?
Other than Donald Trump is an embracement of these ideals so
that that is an unfortunate development.
But dude, that's absolutely crazy man.
I'm so glad that this is being talked about the Battle for self
custody is being talked about in front of such a large audience,
man. This is the beginning of it
going mainstream Phil. I see it as more and more people
flee inflation than they flee into something that can't be
debased. It can't be confiscated.
Dude, I suspect this is going to accelerate and of course, with
more Bitcoin adoption and you technology, you know the price,
you know it does its thing. I'll just say that.
So dude, historic moment, bro, I still have who Goosebumps, what
are your thoughts on this film? You're muted.
Sorry Nick Carter looks like Gomez Addams.
Well, there's the mustache. There's the mustache.
There's the mustache so Props to him.
Wait, wait to look very sophisticated huge fan of Gomez
Addams and his and his swords and his dancing moves.
So, good for Nick Carter. That's besides the point why
they showed etherium makes no sense.
That's a shit coin has nothing to do with freedom has nothing
to do with sensor. Resistance, has nothing to do
with stopping the government from being able to screw you so
that made no sense to me. I think the other piece is and
this is something that's been mentioned by much smarter
guests. You know that than obviously,
it's I should say smarter people than myself is that there is
Bitcoin the token and there is Bitcoin the network.
And I think a lot of us don't really understand the true
implications of the censorship resistant, nature of Bitcoin,
the network itself. And I think that this I think
that this is what is going to matter.
I mean, yes, obviously you know, Bitcoin the token but I believe
that the network is going to be extremely important in going
forward in the future for being able to enforce Freedom, not
just monetary Freedom, possibly, even communication, Freedom.
So look we're definitely in. We're definitely in for you
know, for hell of a fight. I'm just afraid at the same time
that we're also going to get kind of pulled into the, you
know based on just that interview right where he showed
a theory am. I'm afraid that we're gonna
there's we're going to continue this ridiculous fight with the
shit coins. Yeah we had there we have to
keep differentiating and explaining like this is not
Freedom money. This is just garbage, you're
getting tricked. So to give just never you know
to give Marty bet credit when he went on Tucker.
He mentioned Bitcoin and unfortunately Nick mentioned And
season of course, as following his own incentives.
I think he'd started this whole fund, the huge fund, raise a
bunch of money, I think they're focusing on cryptocurrency.
So hopefully again, the shit coins are designed to take away
your Bitcoin, their centralized meaning they can't separate
money from State successfully. Only Bitcoin could achieve that,
right? And I think that's going to be.
I think people will learn that over time.
Hopefully not by burning their finger on the stove too much.
Anyways, one last piece again the battle.
Liz heating up, guys. I keep trying to hammer this
into your heads. You are going to have to pick
between Bitcoin or slavery, bad news from the European Union.
This is a there's a tweet thread by Patrick Henson, bad news for
Bitcoin and cryptocurrency in the you the proof of work ban.
And remember I said that this was backtracked.
Apparently check how sneaky this is.
We have some dark Forces at play.
Has basically made its way back into the draft of the European
Parliament, that will be voted on.
In the committee on Monday. Four days ago, the repertoire
dr. Sefton Burger tweeted that his
new compromise dropped. Any band /, addressing proof of
work. Now, just before the vote a
last-minute draft brings back the ban.
This was added back member, they took it away because of the
pushback and then they added it at.
They added it back in at last minute.
So we wouldn't have time to respond.
This is totally unexpected and I I was too quick to dismiss that
yesterday. The wording of the proof of work
has been has changed. But in effect, it is essentially
the same crypto assets that are deemed unsustainable who's
deeming. What is sustainable or?
What is unsustainable? Oh, the ESG guys.
Oh Klaus. Yeah, why not right?
The existing cryptocurrencies shall set up and maintain a
phase roll out to plan to ensure compliance with such
requirements. So again, this is an escalation,
right? And Look to kind of debunk a
little bit, right? This is a how much energy the
European or how much energy. The, how much electricity that
European Union? Generates fifteen thousand, four
hundred, and thirty 83 terawatt hours.
This is how much Bitcoin consumes 30 point seven.
So it's literally only point one, nine, eight percent of the
eu's total energy generation, but they're so hell-bent, on
trying to ban it even though it's only Only point one percent
of the energy usage. Why is that?
Well, it's very simple and Ted Cruz actually said this the
other day, it's the same reason that the Chinese Communist party
Band. Bitcoin because they cannot
control it. They cannot control the monetary
policy. They cannot manipulate their
population through monetary policy as long as there's
Bitcoin, so they're trying to use the environment.
To attack it. So we have two battles in front
of us, we have the battle for Bitcoins, right to the mind and
we have the battle for self custody.
Those are the two things in front of us.
But the good news is is that thanks to Tucker really?
Now this is seeping into mainstream Consciousness.
What is really going on here? And remember, no, and I got this
from Andreas Antonopoulos. No one cares until the money
breaks. And make no mistake, the money
is breaking. And when the money starts to
break, people don't give a shit about what the guy in the suit
has to say about inflation people care about putting food
on their table, for their families, and Bitcoin provides
that solution without fear of it, being confiscated, or
without fear of it being debased bill.
I would, I would love to see. I mean, I know that that's
Legislation coming out in the EU but I would love to see support
for proof of work. Coming out of all opposing, all
opposing parties and all opposing views, right?
Because let's be honest, at the end of the day, Bitcoin is about
individual incentives and the individual incentive to be able
to store your value, and to be able to, to be able to transfer
value without censorship. So, the He is, is that that
works for everyone. So I think, you know, so I think
that it's, you know, even though they keep trying to reintroduce
this legislation in our nonsense about power course, it's about
power. But you know what?
Other words has nothing to do with the environment.
Phil has nothing to do with our environment, but at some point,
right, at some point individuals, have to decide,
right? Like it's like, you know what,
this is who gives a shit about the environment.
This is what's right for me, and Bitcoin is what's right for me.
And you know through doing that these these conglomerates,
right? They can't, they can't sustain
power. If they can't convince
individuals to play along, so the longer Bitcoin continues to
exist, the longer, it continues to stick around the longer, the
messaging continues to be out there.
The more hearts and Minds were going to capture.
Absolutely man, I completely agree.
Government, money needs coercion, Bitcoin.
Just incentives that people just following their incentive.
There's no coercion required. But I also think, and just to
lead say this one. Or time it is it is historical
that these types of discussions that you see you know in the
intellectual dark web, right. You kind of see this in the
sidelines of YouTube with a Bitcoin show.
I love that these discussions are now being talked about
Primetime TV in front of millions upon millions of
people. That's the way when is when is
the Bitcoin are going to go on The Joe Rogan podcast like when
is that gonna happen? Because that needs to fucking
happen, right? So anyways, Dude, I think we're
winning this Phil that's what my guts telling me.
I think we're winning this but dude, all the rot all the
totalitarian is all the tyrants on both sides of the political
Spectrum are coming out of their caves to try to fight this
thing. So y'all but hey.
You know what? Honey badger doesn't care
anyway. So there was an open source
software released today. Why do you tell everybody about
it? Actually today we are going to
have websites by plebs. Oh, that's right.
We're going to be showing, we're going to be showing a cool Us
website web sites by plebs brought to you by Cipher safe,
check them out. Cipher safe dot IO, it's the
best place to store your Bitcoin seed, store it in the Cipher
wheel or the all new Cipher grid.
They both come with tamper-resistant wire and the
cipher grid comes with a punch tool, okay?
This is a fellow Bitcoin ER pleb and friends that I've known for
a few years started. His own kind of cotton candy
company talking about Lord Flaco underscore BTC or people may
remember. Him as wolf node or Lord hottel.
Anyways the Bitcoin or with a Bitcoin with a Bitcoin any type
of business? Very interesting, yo
Munchies.com I have ordered this cotton candy and it is super
tasty. Especially when you have the
munchies monkey poop unicorn, puke zombie burps, you gotta
love the names. There's also some funky swag
that he's got going on, and if you want to order some, we're
going to post the link in our show notes, he's got an Amazon
store and you can order the Unicorn puke.
From Amazon. That's right.
Thanks. That was the website by plebs.
Anyways, Phil why don't you tell everybody about our podcasts?
All right, so if you want to check us out on our Audio Only
platforms, we are on Apple podcast Spotify, and anchor.
Awesome. Thank you.
Phil. By the way guys, when we do the
open source software releases and the website by please, those
are not endorsements. Those are not sponsors.
Those are, those are websites that we pick on our own that
we've used, you know. No.
The software we've used the website, we like it and bust
want Andy. And there you go.
We want to highlight, you know, this show at the end of the day
is for plebs, right? So we want to put you guys
front, you know, in the front center, we want to give you you
know proper you guys and show it off to the rest of the Plex.
But anyways, I also want to give a special shout-out from a
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No one cares until the money