1 00:00:02,960 --> 00:00:05,720 It's all going to zero against Bitcoin. 2 00:00:06,600 --> 00:00:16,440 It's going up forever. You're against Bitcoin. 3 00:00:16,520 --> 00:00:24,000 You're against freedom yo welcome to another episode of 4 00:00:24,000 --> 00:00:25,640 simply Bitcoin live. Remember what source of the 5 00:00:25,720 --> 00:00:27,760 peaceful Bitcoin revolution recovery rate can use culture 6 00:00:27,760 --> 00:00:29,000 matic warfare. We'll be your guide through the 7 00:00:29,000 --> 00:00:31,320 separation of money and state. I'm starting the show 8 00:00:31,320 --> 00:00:33,880 differently. I have Opti on air with me. 9 00:00:34,000 --> 00:00:36,480 Is it is it weird? I don't know keep. 10 00:00:36,760 --> 00:00:37,320 Going. Keep going. 11 00:00:37,520 --> 00:00:40,320 Is it weird? I I wanted, I'm not used to, I 12 00:00:40,320 --> 00:00:42,160 wanted, I wanted to throw a curveball. 13 00:00:42,760 --> 00:00:45,240 Well, anyways, guys, yeah, what's up, Bros? 14 00:00:45,240 --> 00:00:47,360 I mean, look, it's the Friday episode. 15 00:00:47,360 --> 00:00:49,800 Tons to talk about. I know that there's this 16 00:00:49,800 --> 00:00:53,520 legendary stream that's going on right now by the roaring Kitty 17 00:00:54,200 --> 00:00:58,280 taking down the financial establishment using a stock. 18 00:00:58,760 --> 00:01:00,520 That's not the way you do it, bro. 19 00:01:00,520 --> 00:01:02,920 You want to know how you do it? You do it by taking self 20 00:01:02,920 --> 00:01:04,720 custody. They're just gonna keep off 21 00:01:04,720 --> 00:01:06,280 turning. They're just gonna keep turning 22 00:01:06,280 --> 00:01:09,400 off the the, you know, they're just gonna keep on turning on 23 00:01:09,400 --> 00:01:11,720 the circuit Breakers. Yeah, not only that, I saw that, 24 00:01:11,720 --> 00:01:15,360 I don't know all the details to this, but I saw that the game 25 00:01:15,360 --> 00:01:18,880 stock, they diluted their stock to try to dilute Roaring Kitty's 26 00:01:18,880 --> 00:01:20,600 position. It's like bro, this is. 27 00:01:20,600 --> 00:01:22,440 They're gonna keep. Just why you Bitcoin? 28 00:01:22,560 --> 00:01:24,120 They're gonna keep dumping it, bro. 29 00:01:24,360 --> 00:01:26,920 That's what I'm saying. Like it's such a, but it's such 30 00:01:26,920 --> 00:01:29,240 a strong movement. Like it's such a, a powerful 31 00:01:29,240 --> 00:01:34,320 movement and it's his heart and that movement is in the right 32 00:01:34,320 --> 00:01:37,200 place. It's just a shame that the 33 00:01:37,200 --> 00:01:43,480 virality it's gone viral on, on a, on a, on an inferior tool 34 00:01:43,480 --> 00:01:45,840 like Bitcoin is the move. It might. 35 00:01:45,840 --> 00:01:48,680 Is it boring at this point? Like, is that what it is, bro? 36 00:01:48,680 --> 00:01:50,360 I think it might just be boring bro. 37 00:01:51,680 --> 00:01:53,840 I think it's just people still think it's nerd money. 38 00:01:53,840 --> 00:01:56,120 They don't get why we Bitcoin. They don't get literally. 39 00:01:56,120 --> 00:01:58,880 I've been saying for a minute that Bitcoin is the real 40 00:01:58,880 --> 00:02:02,120 GameStop movement, and yet I am. Surprised that all these. 41 00:02:02,120 --> 00:02:05,280 People still haven't found out about Bitcoin. 42 00:02:05,280 --> 00:02:07,480 They still think they can change the system from within the 43 00:02:07,480 --> 00:02:10,840 system. And it's like, no, the game is 44 00:02:10,840 --> 00:02:13,560 rigged against you. Like when are you going to wake 45 00:02:13,560 --> 00:02:16,560 up to that very simple fact that it's rigged against you? 46 00:02:16,840 --> 00:02:18,880 It is not meant for the little man to win. 47 00:02:19,200 --> 00:02:23,200 Yes, it is a defining moment and a defining movement. 48 00:02:23,480 --> 00:02:26,840 And it I think it's one of those movements and, and like a a 49 00:02:27,000 --> 00:02:30,520 moment in time that has to happen to show to everyone out 50 00:02:30,520 --> 00:02:33,760 there that it is actually rigged against you so that more people 51 00:02:33,760 --> 00:02:37,120 start to wake up to just like the pure illegitimacy of the 52 00:02:37,120 --> 00:02:40,320 system at large. And you know, like, I think, I 53 00:02:40,320 --> 00:02:43,160 hate to say it, but it feels like it might be a necessary 54 00:02:43,160 --> 00:02:45,080 sacrifice. Like it's got to be one of those 55 00:02:45,080 --> 00:02:47,000 battles that goes down. It's like one of those battles 56 00:02:47,000 --> 00:02:49,120 that you have to lose to win the war. 57 00:02:49,640 --> 00:02:53,760 I mean, he's still like, it's, he's still winning somehow, you 58 00:02:53,760 --> 00:02:56,040 know, he's still like, in their survival. 59 00:02:56,040 --> 00:02:59,200 Like dude, he. They shut it off money, they've 60 00:02:59,200 --> 00:03:01,800 shut it off. They've turned off the trading 61 00:03:01,800 --> 00:03:06,200 like they've done like basically everything possible in order to 62 00:03:06,200 --> 00:03:09,080 sabotage this guy's success and he just keeps going. 63 00:03:09,560 --> 00:03:12,800 He's got the love of the people. But again, I got to say like 64 00:03:13,240 --> 00:03:14,800 Simply Freedom channel, I love that. 65 00:03:15,240 --> 00:03:17,680 But like he's just using the wrong tool. 66 00:03:18,000 --> 00:03:20,240 He's just using the wrong tool completely. 67 00:03:20,440 --> 00:03:23,800 Anyways, guys, today we have a very special show for you guys. 68 00:03:23,800 --> 00:03:26,200 Of course, it's Friday, so we're going to do the meme review. 69 00:03:26,480 --> 00:03:29,840 But also, I have a really interesting topic for you guys 70 00:03:29,840 --> 00:03:32,720 and it's happening and I haven't seen a lot of people talk about 71 00:03:32,720 --> 00:03:36,000 it, but it is absolutely seismic. 72 00:03:36,200 --> 00:03:38,760 This is massive. OK, So do you remember that 73 00:03:38,760 --> 00:03:42,120 company that followed in the steps of of MicroStrategy? 74 00:03:42,120 --> 00:03:43,720 They're kind of like a zombie company. 75 00:03:45,400 --> 00:03:48,320 It's a company called Similar Scientific. 76 00:03:48,320 --> 00:03:50,200 It's a medical device manufacturer. 77 00:03:50,640 --> 00:03:54,920 And they acquired Bitcoin. Their stock pumped like 30% and 78 00:03:54,920 --> 00:04:00,120 they just announced 6 hours ago that they're going to raise $150 79 00:04:00,120 --> 00:04:04,640 million to buy more Bitcoin. Now, it's interesting because 80 00:04:04,640 --> 00:04:08,040 we've seen this play out before with MicroStrategy. 81 00:04:08,200 --> 00:04:10,600 They've been using the infinite money glitch. 82 00:04:10,960 --> 00:04:14,800 Like their stock goes up, they lend out, like they borrow 83 00:04:14,800 --> 00:04:17,959 against their stock, they raise more dollars, they use those 84 00:04:17,959 --> 00:04:20,360 dollars to buy Bitcoin, the stock goes up. 85 00:04:20,360 --> 00:04:23,040 Then they rinse and repeat. And it's like kind of like a 86 00:04:23,040 --> 00:04:26,120 speculative attack on the on the dollar because it's using the 87 00:04:26,120 --> 00:04:29,400 traditional financial system against the traditional 88 00:04:29,400 --> 00:04:32,000 financial system so that you can win. 89 00:04:32,000 --> 00:04:35,960 And it, and it just highlights like the insanity of like this 90 00:04:35,960 --> 00:04:39,000 debt based system that you can just literally just like borrow 91 00:04:39,000 --> 00:04:41,800 unlimited amounts of money, but you're borrowing unlimited 92 00:04:41,800 --> 00:04:44,680 amounts of money for a scarce asset, for something that is 93 00:04:44,680 --> 00:04:47,280 absolutely scarce. So in a way it's an attack 94 00:04:47,720 --> 00:04:51,040 because you're using the system in order to buy something that 95 00:04:51,040 --> 00:04:54,200 is absolutely scarce. And then you're taking basically 96 00:04:54,400 --> 00:04:57,640 it's like it creates like this like infinite feedback loop of 97 00:04:57,640 --> 00:05:00,000 some sorts. And Jimmy Song wrote this 98 00:05:00,000 --> 00:05:05,120 amazing posts on Stacker news that covers this phenomenon. 99 00:05:05,120 --> 00:05:08,640 So I'm going to put that post together with the news of today. 100 00:05:09,000 --> 00:05:11,800 And I think I think you guys are really going to appreciate it 101 00:05:11,800 --> 00:05:14,720 because it's super interesting. Like Michael Sealer 102 00:05:14,720 --> 00:05:17,320 speculatively attacked the dollar for sure, even if he 103 00:05:17,320 --> 00:05:19,960 didn't do it on purpose. And now it seems like other 104 00:05:19,960 --> 00:05:22,960 companies are following this footsteps, but they're not doing 105 00:05:22,960 --> 00:05:26,840 this out of like maliciousness or just like kind of like 106 00:05:26,840 --> 00:05:30,200 central planning type of thing. They're doing this just because 107 00:05:30,200 --> 00:05:32,920 of Bitcoin's incentives and they're taking advantage of the 108 00:05:32,920 --> 00:05:34,640 debt based system. They're taking advantage of the 109 00:05:34,640 --> 00:05:37,000 traditional system. So I find that interesting. 110 00:05:37,200 --> 00:05:40,680 Also for you guys today as well, there's a couple TikTok videos 111 00:05:41,360 --> 00:05:43,480 and it's just, it's just kind of sad. 112 00:05:43,840 --> 00:05:47,640 It's people like in the middle class, lower classes here in the 113 00:05:47,640 --> 00:05:49,840 US and and they're just like, dude, like what the fuck is 114 00:05:49,840 --> 00:05:51,360 going on? I can't afford anything. 115 00:05:51,800 --> 00:05:56,880 And This is why this movement that we're currently living 116 00:05:56,880 --> 00:06:01,760 through is so important because crypto kitties, sorry, not 117 00:06:01,760 --> 00:06:02,520 crypto. What is it? 118 00:06:02,520 --> 00:06:03,960 Roaring kitties? I don't even know. 119 00:06:04,280 --> 00:06:08,800 I'm not in the know in in these things, but roaring kitties is. 120 00:06:10,080 --> 00:06:14,000 He's an escape valve of the frustration that people feel 121 00:06:14,000 --> 00:06:16,920 towards the system. He's a representation. 122 00:06:16,920 --> 00:06:21,800 He's a manifestation of FU to the man, like the Rage Against 123 00:06:21,800 --> 00:06:24,320 the machine. That's what Roaring Kitties 124 00:06:24,320 --> 00:06:27,800 represents. You have a whole generation of 125 00:06:27,840 --> 00:06:31,280 millennials and zoomers and the younger, younger Gen. 126 00:06:31,280 --> 00:06:34,840 XS, Gen. Xers that have been completely 127 00:06:34,840 --> 00:06:40,120 disenfranchised and fucked over by the 2008, 2000 financial 128 00:06:40,120 --> 00:06:44,160 2008, 2009 financial crisis. No one really paid the 129 00:06:44,160 --> 00:06:47,040 consequences for that. One banker went to jail. 130 00:06:47,040 --> 00:06:49,480 No notable bankers went to jail, right? 131 00:06:49,480 --> 00:06:52,040 And they're putting us in a box. They're putting Bitcoin privacy 132 00:06:52,040 --> 00:06:56,320 developers in a box. We as a society have not, that 133 00:06:56,320 --> 00:07:00,040 circle has not been completed. Like we haven't tied that knot 134 00:07:00,040 --> 00:07:03,040 yet. And that's why you have these, 135 00:07:03,040 --> 00:07:06,600 these, these, these like the the rise of populism as well 136 00:07:06,600 --> 00:07:10,040 politically all over the world. And you have the rise of people 137 00:07:10,040 --> 00:07:12,400 like Roaring Kitties that are just basically saying, like, you 138 00:07:12,400 --> 00:07:16,880 know what, you're going to try to destroy one of the shops that 139 00:07:16,880 --> 00:07:20,040 meant a lot in my childhood as I went to go buy video games. 140 00:07:20,040 --> 00:07:22,480 And as a gamer myself, like, yeah, GameStop. 141 00:07:22,480 --> 00:07:24,440 And I think there's another one that's called Game Boutique or 142 00:07:24,440 --> 00:07:26,440 something. Like you'd go there to get any 143 00:07:26,440 --> 00:07:27,440 video games. You don't have to do that 144 00:07:27,440 --> 00:07:29,000 anymore because you can download online. 145 00:07:29,960 --> 00:07:32,240 But it played a major role in some of these people's lives. 146 00:07:32,240 --> 00:07:35,240 And then you were like all these hedge fund people that, you 147 00:07:35,240 --> 00:07:38,000 know, they're just using the contilionary effect and the Fiat 148 00:07:38,000 --> 00:07:41,040 system and they, they want to destroy something that meant a 149 00:07:41,040 --> 00:07:44,320 lot like fuck you, I'm gonna say no, I'm gonna make you guys go 150 00:07:44,320 --> 00:07:46,360 broke. But what was really interesting 151 00:07:46,360 --> 00:07:50,960 is how much that shifted the Overton window and how much that 152 00:07:50,960 --> 00:07:56,600 exposed how corrupt the existing system is because it's 153 00:07:56,880 --> 00:08:00,320 capitalism. As long as it's going our way 154 00:08:00,480 --> 00:08:03,120 and as soon as it's going against us, it's actually 155 00:08:03,120 --> 00:08:05,920 socialism. The government has the duty to 156 00:08:05,920 --> 00:08:11,200 bail out the big banks whenever they get into, you know, some 157 00:08:11,200 --> 00:08:14,120 trouble. You hear these terms too big to 158 00:08:14,120 --> 00:08:17,280 fail that that's not a thing. Like that doesn't exist. 159 00:08:17,680 --> 00:08:21,920 And what that perpetuates is these fucking zombie companies, 160 00:08:21,920 --> 00:08:24,160 right? That doesn't, that doesn't 161 00:08:24,160 --> 00:08:27,320 motivate or create an incentive structure where you have the 162 00:08:27,320 --> 00:08:29,600 pursuit of excellence by entrepreneurs. 163 00:08:29,800 --> 00:08:32,960 That creates an incentive structure where it creates 164 00:08:32,960 --> 00:08:35,760 complacency. You have companies like Boeing, 165 00:08:35,799 --> 00:08:37,039 right? You know, these are companies 166 00:08:37,039 --> 00:08:40,799 that are getting like $100 billion government contracts to 167 00:08:40,799 --> 00:08:44,320 create planes and like, weapon systems and all that shit. 168 00:08:45,160 --> 00:08:47,360 Dude, they couldn't even get a rocket in the air. 169 00:08:47,360 --> 00:08:50,280 Like it failed. Their planes are falling apart. 170 00:08:50,600 --> 00:08:53,560 And essentially you're creating like corruption. 171 00:08:53,560 --> 00:08:55,480 It's corruption, It's bureaucracy. 172 00:08:56,000 --> 00:08:58,600 That's that's the incentive structure that that that Fiat 173 00:08:58,600 --> 00:09:00,680 creates it like breathes in society. 174 00:09:01,120 --> 00:09:03,840 So yeah, I mean, shut. Look, he might not be a bit 175 00:09:03,840 --> 00:09:08,000 coiner yet, but shout out to what the roaring Kitty movement 176 00:09:08,000 --> 00:09:10,760 is doing because at least it's waking people up. 177 00:09:11,320 --> 00:09:14,480 It's our job as Bitcoiners to really arm them with the correct 178 00:09:14,480 --> 00:09:18,400 tools in order to really stand up to the system and fight the 179 00:09:18,400 --> 00:09:21,240 establishment. And that's the only correct tool 180 00:09:21,240 --> 00:09:24,760 in this because of its decentralization, because no one 181 00:09:24,760 --> 00:09:28,160 could change the rules to benefit themselves is Bitcoin 182 00:09:28,160 --> 00:09:31,480 that's the only one that exists, and it's only Bitcoin that you 183 00:09:31,480 --> 00:09:34,040 take in self custody. That is the revolution. 184 00:09:34,240 --> 00:09:36,880 You buy Bitcoin, earn Bitcoin, mine Bitcoin, you put it into 185 00:09:36,880 --> 00:09:39,920 self custody. If enough of us do it, we win. 186 00:09:39,960 --> 00:09:41,840 That's it. It's as simple as that. 187 00:09:41,840 --> 00:09:44,640 They won't be able to debase your wealth and they won't be 188 00:09:44,640 --> 00:09:47,240 able to confiscate it from you. Especially on a mass scale. 189 00:09:47,240 --> 00:09:49,720 They won't be able to do it completely changes the balance 190 00:09:49,720 --> 00:09:52,120 of power. The elites are fucked. 191 00:09:52,120 --> 00:09:54,360 They don't have special privileges like they do in the 192 00:09:54,360 --> 00:09:56,640 Fiat system. They don't have a government to 193 00:09:56,640 --> 00:09:58,480 call. They don't have someone to bail 194 00:09:58,480 --> 00:10:00,520 them out. That's what we're fighting for 195 00:10:00,520 --> 00:10:03,960 is bit corners, right? If you use the system, 196 00:10:04,320 --> 00:10:06,840 eventually the system is going to, you know, they're going to 197 00:10:06,840 --> 00:10:09,760 cut corners because they don't. It doesn't like getting screwed 198 00:10:09,760 --> 00:10:11,400 over. So anyways, guys, it's going to 199 00:10:11,400 --> 00:10:13,280 be a hell of a show. Really excited for it. 200 00:10:13,280 --> 00:10:15,640 But before we jump into, I do want to give a very special 201 00:10:15,640 --> 00:10:18,560 shout out to our lead sponsor and of course I'm talking about 202 00:10:18,560 --> 00:10:20,080 Bitcoin. Well, Bitcoin well is the best 203 00:10:20,080 --> 00:10:23,960 place to build your automatic self custody Bitcoin stack. 204 00:10:25,040 --> 00:10:27,880 What is automatic self custody? That means that when you take 205 00:10:27,880 --> 00:10:31,160 when you buy Bitcoin on Bitcoin well, it literally goes directly 206 00:10:31,160 --> 00:10:34,360 to yourself custody Bitcoin address, which perfectly aligns 207 00:10:34,360 --> 00:10:37,600 with the simply Bitcoin ethos of the separation of money in 208 00:10:37,600 --> 00:10:39,360 state. To get started, head over to 209 00:10:39,360 --> 00:10:43,160 bitcoinwell.com today put in your e-mail address and you 210 00:10:43,160 --> 00:10:45,320 could start your journey to enable your independence with 211 00:10:45,320 --> 00:10:47,720 the fastest and safest way to buy Bitcoin in Canada and the 212 00:10:47,720 --> 00:10:50,160 USA. There's a clear 1% spread. 213 00:10:50,440 --> 00:10:53,880 It's Bitcoin only and of course, it's completely non custodial, 214 00:10:54,080 --> 00:10:56,880 empowering sovereign ownership with free automatic self 215 00:10:56,880 --> 00:10:59,000 custody. Also, if you're a Bitcoin Well 216 00:10:59,000 --> 00:11:02,680 customer, every time you buy Bitcoin, you earn something 217 00:11:02,680 --> 00:11:07,560 called Bitcoin Well points, which I'm going to show you how 218 00:11:07,560 --> 00:11:14,800 to use in a second because I got logged out, but you go to your 219 00:11:14,800 --> 00:11:19,640 Bitcoin Bitcoin Well rewards and you every time. 220 00:11:19,640 --> 00:11:22,600 Like I said, every time you buy Bitcoin, you earn these points. 221 00:11:22,880 --> 00:11:26,680 You click on Redeem, you click this, it's going to give you 222 00:11:26,680 --> 00:11:30,240 this really cool kind of quote thing you're being, you're being 223 00:11:30,240 --> 00:11:34,400 transported back to 1996 and Space Jam is bringing together 224 00:11:34,400 --> 00:11:37,360 basketball on cartoons. Enable your independence by 225 00:11:37,360 --> 00:11:40,400 wishing for more Sats. It might just come true and 226 00:11:40,640 --> 00:11:42,680 you're going to click on Redeem 5. 227 00:11:42,680 --> 00:11:43,520 Wait, wait. Can't do it. 228 00:11:43,560 --> 00:11:47,240 Yeah, Nico, hold on. Because guys, you can put a 229 00:11:47,240 --> 00:11:49,680 million sats and if we get a million sats, I'm going to take 230 00:11:49,680 --> 00:11:52,920 them. OK, we got 500 SATS. 231 00:11:52,920 --> 00:11:55,720 So what you could do is you can pull out your Lightning wallet, 232 00:11:55,920 --> 00:11:59,880 you can scan the QR code on your screen, and the first person 233 00:11:59,880 --> 00:12:01,880 that does it is going to be the one that claims it. 234 00:12:01,880 --> 00:12:04,680 I'll do it one more time. You're being transported back to 235 00:12:04,680 --> 00:12:08,520 1993 and Jurassic Park is thrilling all the audiences 236 00:12:08,520 --> 00:12:10,720 worldwide. Enable your independence by 237 00:12:10,720 --> 00:12:13,760 wishing for more SAT's. It might just come true. 238 00:12:14,120 --> 00:12:18,080 We're going to redeem it. Flick the coin into the wishing 239 00:12:18,080 --> 00:12:23,560 well and one another 500 SAT So the first two people that claim 240 00:12:23,560 --> 00:12:27,280 those, those are your 500 SAT's. Again, you can earn these points 241 00:12:27,280 --> 00:12:30,280 every time you buy Bitcoin on bitcoinwell.com. 242 00:12:30,280 --> 00:12:33,200 Support self custody by default. Bitcoin on ramps. 243 00:12:33,200 --> 00:12:34,960 All right everybody, let's hit the numbers. 244 00:12:37,360 --> 00:12:41,080 The Bitcoin numbers. Is your Bitcoin and cold storage 245 00:12:41,080 --> 00:12:44,080 really secure? Is your seed phrase really 246 00:12:44,080 --> 00:12:46,720 secure? 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I'll take you directly to the 266 00:13:41,960 --> 00:13:45,640 stamp seed website where you can use promo code simply to get 15% 267 00:13:45,640 --> 00:13:48,520 off All right everybody, at the time of recording, the Bitcoin 268 00:13:48,520 --> 00:13:53,680 price is $70,980. Stats per dollar 1409 block 269 00:13:53,680 --> 00:14:00,680 height 846,911 blocks to having 203,089 having estimate March 270 00:14:00,680 --> 00:14:06,440 25th, 2028 Total like network capacity 4765 Bitcoin capacity 271 00:14:06,440 --> 00:14:11,760 value 338 million realized monetary inflation 1.61% market 272 00:14:11,760 --> 00:14:15,320 capitalization 1.4 trillion Bitcoin versus gold market cap 273 00:14:15,320 --> 00:14:17,600 8.62%. The grand scheme of things. 274 00:14:17,600 --> 00:14:19,920 We're just getting started. Anyways, I have two videos for 275 00:14:19,920 --> 00:14:24,440 you guys and I think it's a representation of people feeling 276 00:14:24,440 --> 00:14:28,640 the pain all over the country. And you know why? 277 00:14:28,720 --> 00:14:32,160 You know, GameStop and these alternatives are are becoming so 278 00:14:32,160 --> 00:14:33,880 popular. I think people inherently know 279 00:14:33,880 --> 00:14:35,400 something is wrong with the system. 280 00:14:35,840 --> 00:14:39,040 They can't afford anything. What is the role of government 281 00:14:39,040 --> 00:14:41,320 in my life? Are they making my life better? 282 00:14:41,400 --> 00:14:44,360 Like, you know, because these politicians, they promise you 283 00:14:44,360 --> 00:14:46,840 the world and all of a sudden things just keep continuing to 284 00:14:46,840 --> 00:14:49,720 get more expensive. There reaches a point where 285 00:14:49,720 --> 00:14:53,720 people ask the question like what the fuck, you know, like 286 00:14:53,720 --> 00:14:56,360 what what's going on here? Like I'm getting duped, I'm 287 00:14:56,360 --> 00:14:59,600 getting scammed and I'm starting to see these videos more and 288 00:14:59,600 --> 00:15:03,720 more and more. But again, there's a solution to 289 00:15:05,200 --> 00:15:09,640 excuse me, his problem and her problem and the solution is 290 00:15:09,640 --> 00:15:12,800 Bitcoin. Bitcoin is not a get rich, get 291 00:15:12,800 --> 00:15:16,360 rich quick scheme. It's a not get poor scheme. 292 00:15:16,760 --> 00:15:21,560 That's all it is like over time, your wealth and your work is 293 00:15:21,560 --> 00:15:24,960 valued at what it should actually be valued at. 294 00:15:25,440 --> 00:15:28,760 That's all Bitcoin does. Life shouldn't get progressively 295 00:15:28,760 --> 00:15:30,960 more expensive. You shouldn't have to earn more 296 00:15:30,960 --> 00:15:32,440 and more money. You shouldn't have to work 297 00:15:32,440 --> 00:15:36,400 harder and harder, especially if you're working for sound money, 298 00:15:36,400 --> 00:15:40,360 If you're working for a money that someone else can't create 299 00:15:40,360 --> 00:15:42,480 for free. So here's Walker America. 300 00:15:42,480 --> 00:15:44,960 He says if I don't pay you 700, I go to jail. 301 00:15:44,960 --> 00:15:47,160 What is slavery then? So let's check this out I. 302 00:15:47,360 --> 00:15:50,400 Got a bill today from the IRS for $700.00 and I'm gonna 303 00:15:50,400 --> 00:15:53,000 explain to the IRS why I don't fucking have it. 304 00:15:53,440 --> 00:15:56,680 First off, everyone that is inside of the federal 305 00:15:56,680 --> 00:15:59,280 government, Republican, Democrat, Libertarian, I don't 306 00:15:59,280 --> 00:16:01,440 give a fuck if you work up there, it's your fault. 307 00:16:01,800 --> 00:16:05,040 All of you have decided that printing money and destroying 308 00:16:05,040 --> 00:16:07,240 the economy is just totally fucking OK. 309 00:16:07,440 --> 00:16:11,400 A bag of Doritos went from $2.00 to $12.00 in two years and you, 310 00:16:11,480 --> 00:16:13,640 you want money from me for doing that? 311 00:16:14,520 --> 00:16:18,360 On top of that, I, I don't, I don't have any money because 312 00:16:18,360 --> 00:16:22,080 you're taking 60% of what I make through my LLC and absolutely 313 00:16:22,080 --> 00:16:25,440 crushing small businesses. And on top of that, the only 314 00:16:25,440 --> 00:16:28,520 reason I'm a small business is because during the imagination 315 00:16:28,520 --> 00:16:33,360 period of the flu scare of 2019, until fucking forever, I guess 316 00:16:34,320 --> 00:16:37,480 you mandated that I take an imagination shot that I didn't 317 00:16:37,480 --> 00:16:38,920 need and no one knew anything about. 318 00:16:38,920 --> 00:16:42,560 And if I didn't take it, you took my fucking career away from 319 00:16:42,560 --> 00:16:46,440 me. You took my ability to feed my 320 00:16:46,440 --> 00:16:48,880 child. You took that away from me. 321 00:16:49,240 --> 00:16:52,480 And for two years I have sold T-shirts and parking lots and 322 00:16:52,480 --> 00:16:55,520 I've worked this dead end job at a gun store. 323 00:16:55,520 --> 00:16:59,200 And I have cut trees and mowed lawns and done anything I could. 324 00:16:59,480 --> 00:17:02,480 Everything I had to do just to feed my child. 325 00:17:02,480 --> 00:17:06,160 Not vacations, not new clothes, not a new truck, not thriving in 326 00:17:06,160 --> 00:17:10,160 my life, not living in my life, just surviving day-to-day. 327 00:17:10,839 --> 00:17:13,720 And if I don't pay you $700.00, I go to jail. 328 00:17:13,920 --> 00:17:20,359 What is slavery then? I mean like here's another one. 329 00:17:21,400 --> 00:17:27,280 What to do anymore? And at the risk of looking like 330 00:17:27,760 --> 00:17:34,040 some like whiny pathetic like person, this is just 331 00:17:34,040 --> 00:17:38,800 unsustainable. I'm a dance teacher. 332 00:17:39,120 --> 00:17:42,440 I work from September until June. 333 00:17:42,440 --> 00:17:51,160 Like generally like the school year and even with a career I 334 00:17:51,160 --> 00:17:55,320 don't have enough money to pay my rent, I don't have enough 335 00:17:55,320 --> 00:17:59,000 money to buy groceries every week, and now that it's 336 00:17:59,000 --> 00:18:03,040 summertime I'm looking for a part time job and I can't find 337 00:18:03,040 --> 00:18:08,400 one. I have put in over 30 338 00:18:08,400 --> 00:18:15,560 applications with a brand new resume that I have updated 339 00:18:17,040 --> 00:18:21,000 fluffed up. So a couple things here. 340 00:18:22,000 --> 00:18:24,320 And it's like a very serious conversation because those are 341 00:18:24,320 --> 00:18:29,000 hardcore videos. You can look at this different 342 00:18:29,000 --> 00:18:31,040 ways, right? You can look at it from the way 343 00:18:31,040 --> 00:18:33,080 of like, clearly they're not working hard enough. 344 00:18:33,080 --> 00:18:34,800 Clearly they've made wrong decisions. 345 00:18:36,080 --> 00:18:37,840 That's their fault. You can look at it that way. 346 00:18:38,360 --> 00:18:40,520 The other way of looking at it is like, clearly these people 347 00:18:40,520 --> 00:18:42,800 need help. Like, clearly the government 348 00:18:42,800 --> 00:18:46,600 needs to step in and, you know, provide these people with help 349 00:18:46,600 --> 00:18:51,200 and assurance. I would say both those outlooks 350 00:18:51,280 --> 00:18:55,800 are, one is partly correct. You can make the case for that. 351 00:18:57,200 --> 00:19:02,680 The other one, it's just exacerbating an already bad 352 00:19:02,680 --> 00:19:06,160 problem. So what is the actual solution 353 00:19:06,160 --> 00:19:10,920 to this? When I got into Bitcoin, I was 354 00:19:10,920 --> 00:19:13,880 working a minimum wage job and I was living on my friend's couch. 355 00:19:14,800 --> 00:19:19,720 It's 2016. I've worked really hard. 356 00:19:20,960 --> 00:19:23,080 I dropped out of college, so I don't have like a professional 357 00:19:23,080 --> 00:19:26,720 kind of background. And whatever I will tell you I 358 00:19:26,720 --> 00:19:32,840 can, I can guarantee you that my life has progressively gotten 359 00:19:32,840 --> 00:19:37,000 cheaper because I've been living on a Bitcoin standard. 360 00:19:38,280 --> 00:19:44,720 I've seen this not only in my life, but also Optis people 361 00:19:44,720 --> 00:19:48,040 around me that have adopted a Bitcoin standard, their lives 362 00:19:48,040 --> 00:19:50,880 have gotten cheaper. It's not a cheat like it is a 363 00:19:50,880 --> 00:19:54,480 cheat code, but it doesn't save you from the hard work. 364 00:19:54,480 --> 00:19:57,960 Like it doesn't save you from like, it's not like you buy 365 00:19:57,960 --> 00:20:01,480 Bitcoin and then all of a sudden the next day, you know, 366 00:20:01,680 --> 00:20:06,160 everything's going to be great. And I, people always ask me that 367 00:20:06,160 --> 00:20:09,400 and I, my response is always, it takes four years to realize you 368 00:20:09,400 --> 00:20:12,440 made a good, good decision. Because that's the full halving 369 00:20:12,440 --> 00:20:16,520 cycle takes really eight years to start feeling the, the like 370 00:20:16,520 --> 00:20:19,840 the true benefits. And then I'm not on year 12. 371 00:20:19,840 --> 00:20:21,600 So I can't tell you what that feels like. 372 00:20:22,480 --> 00:20:26,360 But just based on the people that have been here 12 years and 373 00:20:26,360 --> 00:20:28,600 the length of their beards and the length of like, I don't 374 00:20:28,600 --> 00:20:31,920 really give a fuck. I'm assuming, you know, they're 375 00:20:31,920 --> 00:20:35,280 in a good place spiritually and economically. 376 00:20:35,800 --> 00:20:41,520 So this guy's frustrated as hell, rightly so. 377 00:20:43,440 --> 00:20:47,240 This is where we are feeling as a community because he's not 378 00:20:47,240 --> 00:20:49,160 even aware that this is an option. 379 00:20:49,560 --> 00:20:53,600 Because I promise you that if he was working that hard and he put 380 00:20:53,960 --> 00:20:57,960 like a little bit of money into Bitcoin, like a percentage of 381 00:20:57,960 --> 00:21:01,240 his whatever, he would be ahead. Like he would be able to pay for 382 00:21:01,240 --> 00:21:04,320 things around him because everything gets progressively 383 00:21:04,320 --> 00:21:08,160 cheaper on a Bitcoin standard. You don't even need to grow your 384 00:21:08,160 --> 00:21:11,000 stack. Like you can literally buy $50, 385 00:21:11,000 --> 00:21:14,160 forget about it, come back ten years and it's going to be a lot 386 00:21:14,160 --> 00:21:18,040 higher than what it was in terms of Fiat purchasing power. 387 00:21:19,000 --> 00:21:22,480 So we have a lot of work to do because there's a lot of people 388 00:21:22,480 --> 00:21:24,560 like that. And it's not only in the US, 389 00:21:24,560 --> 00:21:27,160 it's all over the world. And they're in that similar 390 00:21:27,160 --> 00:21:31,280 situation. And the worst thing that people 391 00:21:31,280 --> 00:21:37,520 like that, people like him, people like her can do is now 392 00:21:37,520 --> 00:21:39,720 Nico's working him in a woods job and sleeping on his own 393 00:21:39,720 --> 00:21:40,800 couch. Exactly. 394 00:21:40,880 --> 00:21:43,920 Boom. So the worst thing that people 395 00:21:43,920 --> 00:21:48,240 could do is just parade politicians. 396 00:21:48,880 --> 00:21:51,520 They're the ones that caused it. You have to understand that. 397 00:21:51,520 --> 00:21:56,080 Like, it wasn't like the, it wasn't the pandemic that closed 398 00:21:56,080 --> 00:21:58,240 everything down. It was governments that closed 399 00:21:58,240 --> 00:21:59,920 everything down. And there was governments that 400 00:21:59,920 --> 00:22:03,160 decided to print all that money, which doubled the cost of 401 00:22:03,160 --> 00:22:05,880 housing and made everything that much more expensive. 402 00:22:06,400 --> 00:22:09,320 An unintended consequence of these central planners thinking 403 00:22:09,320 --> 00:22:12,040 that they can centrally plan themselves out of everything 404 00:22:12,240 --> 00:22:14,600 because they have the ability to create money out of thin air. 405 00:22:15,920 --> 00:22:18,600 It's not politicians that are going to save you, it's you 406 00:22:18,600 --> 00:22:21,880 that's going to save yourself by taking a little bit of personal 407 00:22:21,880 --> 00:22:24,560 responsibility, buying a Bitcoin, earning Bitcoin, mining 408 00:22:24,560 --> 00:22:26,920 Bitcoin, and then taking that Bitcoin into self custody. 409 00:22:27,480 --> 00:22:31,640 And then I promise you, your life will get progressively 410 00:22:31,640 --> 00:22:34,120 better over time. You will start to have hope for 411 00:22:34,120 --> 00:22:36,840 the future. It's not a question of will you 412 00:22:36,840 --> 00:22:40,680 be able to afford things, It's how long how, how long do I have 413 00:22:40,680 --> 00:22:43,560 to work and how long do I have to wait in order for me to be 414 00:22:43,560 --> 00:22:46,400 able to afford my first home, in order for me to be able to 415 00:22:46,400 --> 00:22:49,960 afford my first car? It's not a question of am I 416 00:22:49,960 --> 00:22:53,200 going to be able to afford this? It's a question of how long do I 417 00:22:53,200 --> 00:22:55,760 have to work until I'm able to afford this? 418 00:22:56,400 --> 00:22:59,760 Like someone says in the chat, Fiat destroys lives 100%. 419 00:23:00,080 --> 00:23:03,120 And what you're seeing there is just people destroyed by the 420 00:23:03,120 --> 00:23:07,360 system and they don't know where to point that frustration. 421 00:23:07,760 --> 00:23:10,480 And this is where people like Roaring kitties. 422 00:23:10,480 --> 00:23:13,560 Like it's like that's a manifestation of people's 423 00:23:13,560 --> 00:23:18,000 frustration, but they're not using the correct tools. 424 00:23:18,280 --> 00:23:21,400 And it has nothing to do with, oh, I missed the boat with 425 00:23:21,400 --> 00:23:24,640 Bitcoin or whatever. I didn't get in 2013. 426 00:23:24,640 --> 00:23:28,560 I didn't get in 2020. I like I bought Bitcoin over 10 427 00:23:28,560 --> 00:23:32,440 Ki didn't get Bitcoin at 1000 and then get Bitcoin at 5000 has 428 00:23:32,440 --> 00:23:35,720 nothing to do with that. You're just adopting a better 429 00:23:35,720 --> 00:23:37,560 money. You're adopting a better 430 00:23:37,560 --> 00:23:41,160 monetary unit that isn't stealing your energy like that. 431 00:23:41,160 --> 00:23:45,200 That's it's as simple as that. Like even with you put the gains 432 00:23:45,200 --> 00:23:47,880 and you put the multiples and you put all of that aside, 433 00:23:48,680 --> 00:23:54,440 you're just adopting superior money and those types of issues 434 00:23:54,440 --> 00:23:56,400 that those people are are experiencing. 435 00:23:56,800 --> 00:24:01,120 Specifically the first guy, like literally he's describing how 436 00:24:01,120 --> 00:24:03,200 broken and corrupt the system is. 437 00:24:04,160 --> 00:24:05,760 And then the system is coming to me. 438 00:24:05,760 --> 00:24:11,000 It's like, OK, first you debase the currency, then like, you 439 00:24:11,000 --> 00:24:15,400 know, you, you, you create this like hostile environment for my 440 00:24:15,400 --> 00:24:19,040 business to thrive. And now you're basically taxing 441 00:24:19,040 --> 00:24:21,760 me. What the fuck is going on, 442 00:24:22,000 --> 00:24:23,920 right? And and that is the question 443 00:24:23,920 --> 00:24:26,160 that I have to you guys is, and this is the theory from the 444 00:24:26,160 --> 00:24:31,480 sovereign individual is are you really getting in return what 445 00:24:31,480 --> 00:24:35,200 you are paying in taxes every single year? 446 00:24:35,200 --> 00:24:37,280 Are you getting a benefit for that? 447 00:24:37,600 --> 00:24:39,680 And I'm not talking about direct income tax. 448 00:24:39,680 --> 00:24:41,560 I'm talking about the inflation tax. 449 00:24:42,080 --> 00:24:44,880 Are you getting, are you getting the benefits of that? 450 00:24:47,520 --> 00:24:50,480 I don't think anyone is, I don't think anyone has agreed to the, 451 00:24:50,680 --> 00:24:53,800 the, the, the inflation tax. I don't think anyone has agreed 452 00:24:53,800 --> 00:24:58,000 to the basement tax. You can make the argument that, 453 00:24:58,000 --> 00:25:04,320 OK, we need, you know, we need an income tax because, you know, 454 00:25:04,560 --> 00:25:07,280 we want equality. We need to pay for the I don't 455 00:25:07,280 --> 00:25:09,560 agree with that argument, but you can make the argument. 456 00:25:10,280 --> 00:25:12,240 They don't make an argument for inflation. 457 00:25:12,360 --> 00:25:16,000 What why does inflation? Like if people actually knew how 458 00:25:16,000 --> 00:25:19,920 it worked, I don't think people would would would agree to it. 459 00:25:20,280 --> 00:25:23,600 So we're we're basically mandated, we're forced by the 460 00:25:23,600 --> 00:25:29,640 state in order to use the money that steals from us and we have 461 00:25:29,640 --> 00:25:31,880 to pay them a portion of our income. 462 00:25:32,080 --> 00:25:34,000 I remember seeing the meme and Opti, you're going to be 463 00:25:34,000 --> 00:25:36,920 familiar with it, which is like back in ancient Egypt, the 464 00:25:36,920 --> 00:25:40,160 Pharaohs would make the slaves pay them like 20% of their 465 00:25:40,160 --> 00:25:43,000 income. And like now like the top income 466 00:25:43,000 --> 00:25:48,000 brackets like 39%, but Biden wants to move it to like 44. 467 00:25:48,000 --> 00:25:51,520 Like the capital gains like and it and it's A and This is why I 468 00:25:51,520 --> 00:25:54,120 always say to you guys, this is part of like one of the main 469 00:25:54,120 --> 00:25:56,680 theories of the show, main themes of the show better said 470 00:25:56,920 --> 00:26:00,080 Bitcoin or slavery. Like it's literally slavery. 471 00:26:00,080 --> 00:26:03,080 Like he is describing slavery. She's described. 472 00:26:03,080 --> 00:26:08,160 Look, why do you have to be a sophisticated investor in order 473 00:26:08,160 --> 00:26:09,800 to maintain your purchasing power? 474 00:26:09,880 --> 00:26:12,800 Why do you have to be a sophisticated investor in order 475 00:26:12,800 --> 00:26:15,840 for you to get wealthy? Why can't you just hone in on 476 00:26:15,840 --> 00:26:21,040 your craft, make money on your craft and just put that money 477 00:26:21,040 --> 00:26:24,240 away for a rainy day? Why do you have to be forced to 478 00:26:24,240 --> 00:26:30,160 invest in real estate and stocks and this just to get ahead or be 479 00:26:30,200 --> 00:26:34,080 better even said like better said, just to maintain where 480 00:26:34,080 --> 00:26:36,680 you're at. That is insane. 481 00:26:36,800 --> 00:26:41,000 Like that is crazy. And you know, you get people 482 00:26:41,000 --> 00:26:43,840 that are frustrated and then and eventually like what's going to 483 00:26:43,840 --> 00:26:48,120 happen when the majority of the population starts to feel that 484 00:26:48,120 --> 00:26:51,120 way? Like history has many examples 485 00:26:51,120 --> 00:26:55,640 of, of, of countries that went through like kind of very 486 00:26:55,640 --> 00:26:58,920 similar frustrations in terms of their economic situations. 487 00:26:59,400 --> 00:27:03,200 And let's just say like, things didn't end very well, right? 488 00:27:03,200 --> 00:27:05,360 It's literally one of the reasons World War Two started, 489 00:27:05,840 --> 00:27:08,400 right? So anyways, I mean, Opti, those 490 00:27:08,400 --> 00:27:10,000 videos were intense, bro. Like that. 491 00:27:10,000 --> 00:27:12,280 That first one really struck a chord with me. 492 00:27:13,760 --> 00:27:16,920 Yeah, that that first guy, he's my spirit animal. 493 00:27:16,920 --> 00:27:20,720 I absolutely love that guy. I wish I could rent like that on 494 00:27:20,720 --> 00:27:22,680 my cell phone. That'd be great, man. 495 00:27:22,680 --> 00:27:25,560 I don't mean to laugh at the guy because I think this is a very 496 00:27:25,560 --> 00:27:28,160 real feeling that a lot of people are feeling. 497 00:27:28,480 --> 00:27:31,560 And, you know, my heart goes out to that girl because I've been 498 00:27:31,560 --> 00:27:35,160 seeing a lot of videos of people saying very similar things. 499 00:27:35,400 --> 00:27:38,080 And it kind of goes back to what I always say on the show. 500 00:27:38,080 --> 00:27:40,760 You know, human psychology is very interesting. 501 00:27:41,240 --> 00:27:44,560 And until you really feel the pain, then you don't search for 502 00:27:44,560 --> 00:27:45,840 solutions. You're kind of just like 503 00:27:45,840 --> 00:27:49,120 sleepwalking. And most people have been syoped 504 00:27:49,120 --> 00:27:51,520 or rather brainwashed or whatever. 505 00:27:52,000 --> 00:27:54,200 Verb or I don't know. I don't know. 506 00:27:54,240 --> 00:27:55,800 Yeah. Yeah, I think it's verb. 507 00:27:55,800 --> 00:28:00,200 I forget my grammar here, been syopt or brainwashed into 508 00:28:00,200 --> 00:28:04,080 believing that if they follow the rules, they play by the game 509 00:28:04,080 --> 00:28:06,120 of the rules and they can get ahead in life. 510 00:28:06,120 --> 00:28:09,080 And it's becoming very clear, at least to me personally and 511 00:28:09,080 --> 00:28:12,240 probably to everyone in the chat right now, you kind of have to 512 00:28:12,240 --> 00:28:15,040 do the crazy thing to get ahead. And for most people, that crazy 513 00:28:15,040 --> 00:28:17,080 thing is just like going all in on Bitcoin. 514 00:28:17,400 --> 00:28:21,640 But as we constantly show and bring the receipts on the show, 515 00:28:21,640 --> 00:28:24,680 like Bitcoin, if you hold Bitcoin long enough and you save 516 00:28:24,680 --> 00:28:26,320 in Bitcoin, you live below your means. 517 00:28:26,320 --> 00:28:29,200 You, you know, put your excess profits into Bitcoin like your 518 00:28:29,200 --> 00:28:30,960 life gets better. And you know, Nico was talking 519 00:28:30,960 --> 00:28:33,520 about wait, before he got into Bitcoin, he was on his friend's 520 00:28:33,520 --> 00:28:36,480 couch. Like I was at my parents house, 521 00:28:36,480 --> 00:28:38,080 like I was literally in my mom's basement. 522 00:28:38,080 --> 00:28:42,840 And now because of Bitcoin and because of just providing value 523 00:28:42,840 --> 00:28:45,840 and upping my skills, like I have a whole new lease on life. 524 00:28:45,840 --> 00:28:49,000 And this kind of goes to what Nico and I stay here on the show 525 00:28:49,000 --> 00:28:50,680 all the time. And I think these videos are a 526 00:28:50,680 --> 00:28:53,160 good culmination of everything we're saying. 527 00:28:53,160 --> 00:28:55,920 And it's a it's a visual example of what we say. 528 00:28:55,920 --> 00:28:58,400 It's Fiat is a world of pessimism and nihilism. 529 00:28:58,680 --> 00:29:00,680 It's literally number go down technology. 530 00:29:00,680 --> 00:29:03,120 And Bitcoin is a world of positivity and optimism and 531 00:29:03,120 --> 00:29:07,480 there and hope, like Bitcoin is hope and Fiat, like I said, Fiat 532 00:29:07,480 --> 00:29:10,440 is number go down money tech. Bitcoin is number go up money 533 00:29:10,440 --> 00:29:13,360 tech. And This is why we Bitcoin 534 00:29:13,360 --> 00:29:15,320 because we have a better worldview. 535 00:29:15,560 --> 00:29:18,040 We're trying to get healthier. We're trying to get financially 536 00:29:18,040 --> 00:29:21,560 sound and when you build on a Bitcoin standard on your 537 00:29:21,560 --> 00:29:23,640 personal level, like your life gets better. 538 00:29:23,640 --> 00:29:26,520 And I fundamentally boil everything down to a very simple 539 00:29:26,520 --> 00:29:29,560 axiom, a very simple meme. If people just want to live a 540 00:29:29,560 --> 00:29:32,480 good life. And our job is to try to show 541 00:29:32,480 --> 00:29:35,960 people that life on a Bitcoin standard, life saving in Bitcoin 542 00:29:35,960 --> 00:29:39,160 is better than the status quo right now, which is the Fiat 543 00:29:39,160 --> 00:29:41,840 world. And I think this is only going 544 00:29:41,840 --> 00:29:44,240 to escalate. We're only going to see more 545 00:29:44,240 --> 00:29:45,880 people start to complain on social media. 546 00:29:45,880 --> 00:29:49,040 And now, you know, we can argue about whether like they should 547 00:29:49,040 --> 00:29:52,280 be arguing on social media or whatever, making those posts, 548 00:29:52,280 --> 00:29:54,080 like that's a totally different conversation. 549 00:29:54,360 --> 00:29:57,480 The point is a lot of people are starting to feel helpless, 550 00:29:57,480 --> 00:30:00,920 especially now in in like America or the first world. 551 00:30:01,120 --> 00:30:03,600 You know, we got brought up with the idea that like we live in 552 00:30:03,600 --> 00:30:06,960 the best country and now most people can barely survive now. 553 00:30:06,960 --> 00:30:09,080 And we're all wondering like, what is going on? 554 00:30:09,240 --> 00:30:11,600 And it again, it goes back to what we've been saying on the 555 00:30:11,600 --> 00:30:16,200 show a lot in the last couple of weeks is that I don't know if 556 00:30:16,200 --> 00:30:19,960 I'd say necessarily that the empire is, is like completely 557 00:30:19,960 --> 00:30:24,240 dead, but the faith in the institutions is crumbling and 558 00:30:24,240 --> 00:30:25,960 people are starting to feel that pain. 559 00:30:25,960 --> 00:30:28,720 And it's because they printed, I forget what the number is now, 560 00:30:28,720 --> 00:30:33,480 but since 2020, they printed, I think at now it's like 50 to 60% 561 00:30:33,480 --> 00:30:35,840 of all dollars that were ever in existence. 562 00:30:35,840 --> 00:30:37,920 Like, no wonder everything's more expensive. 563 00:30:37,920 --> 00:30:40,360 No wonder everything costs twice as much now. 564 00:30:40,600 --> 00:30:43,800 It's because they completely decimated the dollar, the 565 00:30:43,800 --> 00:30:46,960 purchasing power of the dollar. And we're just supposed to take 566 00:30:46,960 --> 00:30:51,800 it like, I mean, look, I'm a first generation American and 567 00:30:52,120 --> 00:30:56,920 the founding fathers revolted for much less than 30% of all of 568 00:30:56,920 --> 00:30:59,800 your money coming in. They, they revolted on a 3% T 569 00:30:59,800 --> 00:31:02,040 tax. Like we need to go back to the, 570 00:31:02,080 --> 00:31:05,800 the founding fathers ethos here because we're literally, we're 571 00:31:05,800 --> 00:31:08,360 literally tax slaves in this system. 572 00:31:08,360 --> 00:31:11,040 And I think more people are waking up to the idea that like 573 00:31:11,040 --> 00:31:13,640 this system is not set up for us. 574 00:31:13,640 --> 00:31:17,880 It's actually one of two things. It's either set up in a specific 575 00:31:17,880 --> 00:31:22,040 way to ensure that you can never get ahead or it is broken. 576 00:31:22,040 --> 00:31:24,920 Now you can decide which side of the aisle you are on. 577 00:31:25,280 --> 00:31:28,440 So the system's either working exactly as design and, you know, 578 00:31:28,440 --> 00:31:32,200 keeping you in your place, or it's not working for the 579 00:31:32,200 --> 00:31:36,240 majority of people anymore. And that's what we constantly 580 00:31:36,240 --> 00:31:38,200 show in the show. Like, there's a better option. 581 00:31:38,360 --> 00:31:43,000 It is Bitcoin saving Bitcoin. Work hard, get fit, focus on the 582 00:31:43,000 --> 00:31:45,360 things you love and saving Bitcoin and your life is going 583 00:31:45,360 --> 00:31:47,040 to get better. It's literally that simple. 584 00:31:47,240 --> 00:31:48,760 Amen to that. I also want to give a shout out 585 00:31:48,760 --> 00:31:50,800 to Himesito. Appreciate the $2.00 man. 586 00:31:50,800 --> 00:31:53,520 Thank you so much. I do want to give a very special 587 00:31:53,520 --> 00:31:55,760 shout out our sponsor. And of course, I'm talking about 588 00:31:55,760 --> 00:31:59,840 the pleb party that's happening in Nashville, TN. 589 00:31:59,840 --> 00:32:03,760 You can thank you Sir. You can scan the QR code on your 590 00:32:03,760 --> 00:32:06,320 screen or you can check the link in the video slash podcast 591 00:32:06,320 --> 00:32:08,560 description. It will take you directly to the 592 00:32:08,560 --> 00:32:11,200 Eventbrite page where you can get yourself some tickets. 593 00:32:11,200 --> 00:32:14,600 I think the $200.00 price points is the last time you'll be able 594 00:32:14,600 --> 00:32:16,520 to get those. There's only like 30-40 tickets 595 00:32:16,520 --> 00:32:20,120 left at that price point. Once the tickets sell out, you 596 00:32:20,120 --> 00:32:21,640 won't be able to buy them at the door. 597 00:32:21,640 --> 00:32:23,960 Over 1000 Bitcoin plebs are expected. 598 00:32:23,960 --> 00:32:26,600 It's a 12 hour open bar from noon to midnight. 599 00:32:26,880 --> 00:32:30,160 Pleb Party in Nashville. Bill the day before the Bitcoin 600 00:32:30,160 --> 00:32:33,320 2024 conference, Thursday, July 25th. 601 00:32:33,600 --> 00:32:37,240 Confirmed attendees include Larry Leopard, Preston Pish, the 602 00:32:37,240 --> 00:32:41,120 entire Simply Bitcoin crew, James Lavish, Robert Breedlove, 603 00:32:41,200 --> 00:32:44,760 Mark Moss Puppy, Tatum Turnip, and Adam O'Brien. 604 00:32:44,760 --> 00:32:47,480 Many, many Bitcoin many other Bitcoiners are expected to 605 00:32:47,480 --> 00:32:49,080 attend. It's going to be hosted at an 606 00:32:49,080 --> 00:32:52,560 amazing rustic automobile factory from 1910. 607 00:32:52,760 --> 00:32:55,520 With brick walls and tons of proof of work atmosphere. 608 00:32:55,760 --> 00:32:59,360 You don't want to miss one of the best Bitcoin parties of the 609 00:32:59,360 --> 00:33:03,880 year the day before the Bitcoin 2020, the Bitcoin 2024 610 00:33:03,880 --> 00:33:05,920 conference. Definitely don't want to miss 611 00:33:05,920 --> 00:33:08,440 the pleb party. Scan the QR code or check the 612 00:33:08,440 --> 00:33:10,680 link in the video description. All right everybody, let's hit 613 00:33:10,680 --> 00:33:11,680 the news. Lots to talk about. 614 00:33:14,600 --> 00:33:18,600 The Daily News. I want to give a shout out to 615 00:33:18,600 --> 00:33:22,960 our sponsor Foundation Devices. It's self custody done right. 616 00:33:23,000 --> 00:33:26,560 They built a premium grade hardware wallet called Passport 617 00:33:26,760 --> 00:33:29,640 right here in the US. It's fully open source and 618 00:33:29,640 --> 00:33:32,280 verifiable. It's the most intuitive Bitcoin 619 00:33:32,280 --> 00:33:36,160 wallet designed with the UX reminiscent of a simple feature 620 00:33:36,160 --> 00:33:39,040 phone, so you will know how to navigate it and use it the 621 00:33:39,040 --> 00:33:42,320 moment you pick it up. Get your Bitcoin off exchanges 622 00:33:42,320 --> 00:33:45,040 and into your into your own hands in just a few minutes. 623 00:33:45,040 --> 00:33:48,080 Experience the Peace of Mind that comes with taking ownership 624 00:33:48,120 --> 00:33:51,080 of your own keys. After a massive sell out during 625 00:33:51,080 --> 00:33:55,080 Bitcoin Miami 2023, the passport is back in stock at 626 00:33:55,080 --> 00:33:58,840 foundationdevices.com. Bitcoin only open source, 627 00:33:58,840 --> 00:34:02,760 verifiable completely air gap security model, gorgeous design 628 00:34:02,760 --> 00:34:06,120 craft premium grade materials. If you're thinking about getting 629 00:34:06,120 --> 00:34:08,719 your Bitcoin off exchange changes, this is the one for 630 00:34:08,719 --> 00:34:10,800 you. Check out the passport link in 631 00:34:10,800 --> 00:34:12,719 the show notes below to learn more. 632 00:34:12,719 --> 00:34:16,000 I remember I literally went like on a tangent. 633 00:34:16,480 --> 00:34:20,480 Self custody is the revolution. Self custody is how you fix 634 00:34:20,480 --> 00:34:23,480 things. Self custody will make your life 635 00:34:23,480 --> 00:34:25,080 better. So you want to take your Bitcoin 636 00:34:25,080 --> 00:34:27,480 into self custody. You don't want to outsource that 637 00:34:27,480 --> 00:34:30,560 responsibility to an exchange or God forbid, you buy the Bitcoin 638 00:34:30,560 --> 00:34:33,199 ETF for whatever reason. You shouldn't be doing that, 639 00:34:33,199 --> 00:34:34,639 especially if you're watching the show. 640 00:34:35,040 --> 00:34:37,280 Buy Bitcoin, earn Bitcoin, mine Bitcoin, put it into self 641 00:34:37,280 --> 00:34:39,239 custody. Your life will improve, I 642 00:34:39,239 --> 00:34:42,080 promise you. Scan the QR code, get yourself a 643 00:34:42,199 --> 00:34:45,159 passport by Foundation devices hardware wallet. 644 00:34:45,360 --> 00:34:49,040 So you guys all know how MicroStrategy has absolutely 645 00:34:49,040 --> 00:34:52,880 killed it since they adopted a Bitcoin strategy since August 646 00:34:52,880 --> 00:34:56,679 10th 2020. They did basically a 10X, which 647 00:34:56,679 --> 00:34:59,800 is absolutely crazy. And of course, Bitcoin is 648 00:34:59,800 --> 00:35:05,120 outperformed every other company or asset, including the SNP 500, 649 00:35:05,120 --> 00:35:08,320 including NASDAQ, including gold, including the big tech 650 00:35:08,320 --> 00:35:11,520 stocks, including the enterprise software stocks. 651 00:35:11,840 --> 00:35:14,200 So it's just been a superior asset. 652 00:35:14,200 --> 00:35:17,520 Here's James Lavish, she says Bitcoin and the ETFs, yes, the 653 00:35:17,520 --> 00:35:20,800 institutions are here, but not many of them and not yet in 654 00:35:20,800 --> 00:35:23,000 size. And here we are bouncing around 655 00:35:23,000 --> 00:35:25,800 just below the all time highs. I think that's a really good 656 00:35:25,800 --> 00:35:28,720 point. Now what's really interesting 657 00:35:28,720 --> 00:35:33,840 about this is we were wondering for a very long time why no 658 00:35:33,840 --> 00:35:36,720 other company has followed in Michael Saylor's footsteps. 659 00:35:37,080 --> 00:35:39,640 And now it seems like the dam is starting to break. 660 00:35:40,040 --> 00:35:43,000 And that first company, the name of the company was Semler 661 00:35:43,000 --> 00:35:45,880 Scientific. So they made a really good case 662 00:35:45,880 --> 00:35:49,120 and they came out with a post as to the reasoning as to why they 663 00:35:49,120 --> 00:35:51,240 are adopting Bitcoin as a treasury asset. 664 00:35:51,240 --> 00:35:54,280 And they said that it was superior to gold, that a lot of 665 00:35:54,280 --> 00:35:57,600 potential. And then make no mistake, a week 666 00:35:57,600 --> 00:36:02,480 or two after they did that, they made this announcement dropped 7 667 00:36:02,480 --> 00:36:06,400 hours ago that they plan to raise 150 million to buy more 668 00:36:06,400 --> 00:36:09,280 Bitcoin. Medical device maker Similar 669 00:36:09,280 --> 00:36:13,680 Scientific acquires 247 more Bitcoin and plans to raise 150 670 00:36:13,680 --> 00:36:17,600 million to further expand its Bitcoin treasury holdings 671 00:36:17,960 --> 00:36:21,360 following Microstrategy's lead. And that's absolutely 672 00:36:21,360 --> 00:36:23,640 fascinating. Now, why are they doing that? 673 00:36:24,160 --> 00:36:26,760 Well, I mean, it's obvious and you don't even know what company 674 00:36:26,760 --> 00:36:30,400 is similar scientific, but I promise you that because they've 675 00:36:30,400 --> 00:36:34,640 adopted Bitcoin into their treasury, they're going to start 676 00:36:34,640 --> 00:36:37,560 outperforming a lot of these companies just because people 677 00:36:37,560 --> 00:36:39,440 are going to buy the stock because they realize, oh, this 678 00:36:39,440 --> 00:36:41,720 company's holding Bitcoin and Bitcoin's going to the moon. 679 00:36:42,680 --> 00:36:44,960 And and that's the that's the realization. 680 00:36:44,960 --> 00:36:48,560 Like that's that's the thing that like these companies 681 00:36:48,560 --> 00:36:51,360 haven't woken up to this. Like they're holding bonds, 682 00:36:52,000 --> 00:36:54,320 they're holding dollars. Dollars is like holding onto a 683 00:36:54,320 --> 00:36:58,000 melting ice cube, but they haven't realized like the 684 00:36:58,000 --> 00:37:01,480 superior asset that is Bitcoin. Now, what's really interesting 685 00:37:02,000 --> 00:37:05,080 is that they're using the debt based system, they're using the 686 00:37:05,080 --> 00:37:08,880 Fiat system, they're using the pre-existing system as a way to 687 00:37:08,880 --> 00:37:14,520 kind of leverage it to raise more fake dollars really to buy 688 00:37:14,520 --> 00:37:16,320 something that is absolutely scarce. 689 00:37:16,320 --> 00:37:20,280 And in the process, I really call it a speculative attack on 690 00:37:20,280 --> 00:37:23,960 Fiat using the very system of Fiat itself. 691 00:37:24,440 --> 00:37:25,960 Right? Here's Jimmy's song, and he 692 00:37:25,960 --> 00:37:31,580 wrote an incredible post for you guys regarding the quote UN 693 00:37:31,580 --> 00:37:33,440 quote speculative attack on the dollar. 694 00:37:33,440 --> 00:37:35,360 This is originally posted on Stacker dot. 695 00:37:35,360 --> 00:37:36,720 News. Can you zoom in a little bit, 696 00:37:36,720 --> 00:37:38,600 Nico? Yeah, absolutely. 697 00:37:38,600 --> 00:37:43,400 So he goes on to say there is a speculative attack on USD coming 698 00:37:43,400 --> 00:37:45,080 soon. If it does, it's going to be 699 00:37:45,080 --> 00:37:49,160 crazy sight to see every institution that can borrow will 700 00:37:49,240 --> 00:37:52,480 and essentially short the dollar by going long Bitcoin. 701 00:37:52,480 --> 00:37:55,880 Did you hear that? This again was written March 702 00:37:55,880 --> 00:38:00,560 1st, 2021. This article dropped 7 hours 703 00:38:00,560 --> 00:38:02,880 ago. We know that Michael Saylor has 704 00:38:02,920 --> 00:38:06,720 already adopted this, and now it seems like another company's 705 00:38:06,720 --> 00:38:09,800 falling in its footsteps. Now what happens? 706 00:38:09,920 --> 00:38:12,800 I'm going to ask you guys this question, and it's such an 707 00:38:12,800 --> 00:38:16,920 incredibly obvious answer, but I'm going to ask it to you. 708 00:38:16,920 --> 00:38:18,240 I'm going to ask you guys anyways. 709 00:38:19,440 --> 00:38:25,280 What happens when this country, I'm sorry, this company that no 710 00:38:25,280 --> 00:38:29,760 one knows, like like no one knows what this company was 711 00:38:29,760 --> 00:38:32,760 before. No one knew what MicroStrategy 712 00:38:32,760 --> 00:38:35,840 was before. No, that stock was going 713 00:38:35,840 --> 00:38:41,320 sideways forever, OK? No one knew who they were. 714 00:38:42,800 --> 00:38:45,160 What happened? As soon as they adopted a 715 00:38:45,160 --> 00:38:48,880 Bitcoin strategy, they outperformed everyone else. 716 00:38:49,480 --> 00:38:53,800 And now my question to you is, do you think that MicroStrategy 717 00:38:53,800 --> 00:38:59,000 has provided that much more value than something like Apple, 718 00:38:59,000 --> 00:39:01,720 something like Google, something like Microsoft, something like 719 00:39:01,800 --> 00:39:04,080 Meta, something like Netflix, something like Amazon? 720 00:39:07,520 --> 00:39:10,600 I think it's just, it's just using a, it's just they, they're 721 00:39:10,600 --> 00:39:13,600 using their, they've adopted a superior asset. 722 00:39:13,880 --> 00:39:15,920 That's it. That's all it is, right? 723 00:39:16,120 --> 00:39:18,720 So what happens when this company starts to outperform 724 00:39:18,720 --> 00:39:20,360 everyone else on the stock market? 725 00:39:21,040 --> 00:39:22,480 What do you think is going to happen? 726 00:39:22,640 --> 00:39:24,480 Who do you think is going to start asking questions like, 727 00:39:24,720 --> 00:39:28,000 wait a second, like why the fuck are we holding dollars like 728 00:39:28,120 --> 00:39:31,480 these, these, these like companies that no one knows is 729 00:39:31,480 --> 00:39:33,800 outperforming everything just by the mere fact of holding 730 00:39:33,800 --> 00:39:35,840 Bitcoin? Why don't we do that? 731 00:39:36,720 --> 00:39:40,120 That is the speculative attack. And the best part is that 732 00:39:40,120 --> 00:39:44,240 they're able to leverage their stock valuation going up in 733 00:39:44,240 --> 00:39:47,640 order to borrow more money so that they can buy even what they 734 00:39:47,640 --> 00:39:50,000 can buy more Bitcoin. It's like this never ending 735 00:39:50,000 --> 00:39:54,760 feedback loop of this infinite money glitch using this the very 736 00:39:54,760 --> 00:39:59,280 system itself against itself in order to go along Bitcoin like 737 00:39:59,280 --> 00:40:01,920 Jimmy Song said. So it goes on to say the dollar 738 00:40:01,920 --> 00:40:04,480 will become will begin hyperinflating and there will be 739 00:40:04,480 --> 00:40:07,880 a lot of unhappy rent seekers that will want some blood. 740 00:40:08,440 --> 00:40:11,840 It may in the end create calls for a CBDC to control the 741 00:40:11,840 --> 00:40:14,880 lending slash printing of money, which is currently in the hands 742 00:40:14,880 --> 00:40:16,680 of too many banking institutions. 743 00:40:17,000 --> 00:40:18,680 But we're getting ahead of ourselves. 744 00:40:18,920 --> 00:40:21,720 Let's start from the godfather of the speculative attack, 745 00:40:22,080 --> 00:40:25,800 Michael Saylor. For those with assets, loans are 746 00:40:25,920 --> 00:40:28,960 really easy to get in the Fiat economy. 747 00:40:28,960 --> 00:40:32,400 Loans have no opportunity cost, so banking institutions are 748 00:40:32,400 --> 00:40:35,960 incentivized to lend as much money as possible to qualified 749 00:40:35,960 --> 00:40:38,640 borrowers. More loans, more interest 750 00:40:38,640 --> 00:40:41,880 payments, more profit. And the rich borrow a lot. 751 00:40:41,880 --> 00:40:44,240 Loans are how contillionaires stay rich. 752 00:40:44,240 --> 00:40:47,800 They use the newly printed money to invest in all sorts of stuff, 753 00:40:48,080 --> 00:40:50,640 and as long as their investment returns higher than the 754 00:40:50,640 --> 00:40:53,800 minuscule interest rate from the bank, they come out ahead. 755 00:40:54,120 --> 00:40:57,440 Sometimes make, sometimes many multiples. 756 00:40:58,000 --> 00:41:01,320 Using these loans to buy Bitcoin is what a what is we call a 757 00:41:01,400 --> 00:41:03,080 speculative attack on the dollar. 758 00:41:03,320 --> 00:41:06,280 That's essentially what Michael Saylor has done with every kind 759 00:41:06,280 --> 00:41:09,560 of loan he can get. He used unsecured loans, secured 760 00:41:09,560 --> 00:41:13,080 loans, the stock issuance, among other things to acquire as much 761 00:41:13,080 --> 00:41:15,680 Bitcoin as possible. I'm sure he'd take out more 762 00:41:15,680 --> 00:41:18,880 loans if he could, and I have no doubt in my mind he's looking to 763 00:41:18,880 --> 00:41:22,440 more ways to add more to the incredible Bitcoin position he 764 00:41:22,440 --> 00:41:25,600 has. Ladies and gentlemen, it's not 765 00:41:25,600 --> 00:41:30,520 only Michael Saylor anymore. I can't emphasize how historic 766 00:41:30,520 --> 00:41:33,280 this is. Now you have another company 767 00:41:33,640 --> 00:41:38,800 that is literally speculatively speculating us attacking the 768 00:41:38,800 --> 00:41:41,240 dollar using the very system itself. 769 00:41:43,400 --> 00:41:47,680 And this is going to like escape like a runaway train when all 770 00:41:47,680 --> 00:41:51,560 these companies start to realize, holy shit, we can make 771 00:41:51,560 --> 00:41:55,600 our stocks perform like this. All we have to do is buy 772 00:41:55,600 --> 00:41:57,720 Bitcoin. And then when our stock 773 00:41:57,720 --> 00:42:01,880 valuations go up, we can just borrow against our stock going 774 00:42:01,880 --> 00:42:05,280 up and buy even more Bitcoin with that borrowed money. 775 00:42:06,080 --> 00:42:08,560 And imagine like 5-10 companies doing this. 776 00:42:08,560 --> 00:42:11,640 Do you think that like that? Like, is that sustainable? 777 00:42:11,800 --> 00:42:14,040 Like, This is why it's called a speculative attack on the 778 00:42:14,040 --> 00:42:16,320 dollar. Anyways, it goes on to say 779 00:42:16,360 --> 00:42:19,360 what's going to be even crazier is that he will soon be able to 780 00:42:19,360 --> 00:42:21,360 use that Bitcoin itself as collateral. 781 00:42:21,680 --> 00:42:24,080 Wall Street isn't that comfortable with this idea yet, 782 00:42:24,080 --> 00:42:26,880 But at some point, they're going to because there's too much free 783 00:42:26,880 --> 00:42:30,440 money in it for them. And then the real leverage games 784 00:42:30,440 --> 00:42:32,920 can begin. He's in deep profit on his 785 00:42:32,920 --> 00:42:35,080 Bitcoin position. And as the price goes up, there 786 00:42:35,080 --> 00:42:38,360 will be more loans available. But at least at the moment, 787 00:42:38,360 --> 00:42:41,640 banks aren't loaning with Bitcoin as collateral just yet. 788 00:42:42,240 --> 00:42:45,240 As such, he has to wait for more stock issuance to buy more 789 00:42:45,240 --> 00:42:47,960 Bitcoin. With almost 1% of all Bitcoin in 790 00:42:47,960 --> 00:42:50,720 his treasury, that's a lot of demand for his stock. 791 00:42:50,920 --> 00:42:55,200 And with additional issuances, the market knows he'll buy more 792 00:42:55,200 --> 00:42:58,120 BTC. As a result, he can keep issuing 793 00:42:58,120 --> 00:43:01,960 stock and buying Bitcoin this, buying Bitcoin this, until he's 794 00:43:01,960 --> 00:43:05,400 saturated market demand. The result is that MicroStrategy 795 00:43:05,400 --> 00:43:08,200 now trades like a 2X long Bitcoin ETF. 796 00:43:08,760 --> 00:43:12,040 But here's where it gets fun. What happens when there's no 797 00:43:12,040 --> 00:43:15,320 more room? There's there are more companies 798 00:43:15,320 --> 00:43:18,480 besides MicroStrategy to that use this strategy. 799 00:43:18,680 --> 00:43:21,160 That's already happened. That's happened already. 800 00:43:21,160 --> 00:43:24,080 That's not a question anymore. That's not a theory. 801 00:43:24,400 --> 00:43:26,600 It's happened. You already have one. 802 00:43:27,160 --> 00:43:30,360 Many soon will follow because this is going to happen to their 803 00:43:30,360 --> 00:43:34,320 stock, especially if they get big exposures to Bitcoin. 804 00:43:35,440 --> 00:43:39,320 Anyways, goes on to say you really just need one more CEO 805 00:43:39,320 --> 00:43:42,040 with this level of conviction to take this strategy to the next 806 00:43:42,040 --> 00:43:43,360 level. It's already happened. 807 00:43:43,560 --> 00:43:46,760 The stock returns have been so insanely high that some company 808 00:43:46,760 --> 00:43:49,400 will mimic it. Heck, even someone that doesn't 809 00:43:49,400 --> 00:43:53,520 have a company right now could perhaps buy up a small cap stock 810 00:43:53,520 --> 00:43:56,920 with some cash on its balance sheet, buy Bitcoin with it, and 811 00:43:56,920 --> 00:43:59,480 then issue more shares to buy even more Bitcoin. 812 00:43:59,880 --> 00:44:02,520 It would be slower, of course, but there's no reason why it 813 00:44:02,520 --> 00:44:05,560 won't work. The key is a large cash position 814 00:44:05,680 --> 00:44:08,880 and a way to get lot way to get lots of debt. 815 00:44:09,160 --> 00:44:12,600 This hypothetical hyper hypothetical alternative to 816 00:44:12,600 --> 00:44:15,800 micro strategy would have to have some differentiation, of 817 00:44:15,800 --> 00:44:19,520 course, and perhaps they'd use more or less leverage than micro 818 00:44:19,520 --> 00:44:22,000 strategy. For that matter, could we see a 819 00:44:22,000 --> 00:44:26,800 mining infrastructure company go in the direction, keep lots of 820 00:44:26,800 --> 00:44:29,880 Bitcoin on their balance sheet and use USD to mine more? 821 00:44:30,040 --> 00:44:33,120 If the treasuries and BTC and the acquisition strategy is 822 00:44:33,120 --> 00:44:36,880 mining, then it could very well use its line of credit to become 823 00:44:36,880 --> 00:44:40,760 something like micro strategy, only a bit more related to 824 00:44:40,800 --> 00:44:43,160 energy production. How about one of these zombie 825 00:44:43,160 --> 00:44:45,360 companies? A visionary CEO could turn a 826 00:44:45,360 --> 00:44:49,360 zombie company into a living one by making it into a Bitcoin 827 00:44:49,360 --> 00:44:52,400 substitute. A company like IBM has lots of 828 00:44:52,440 --> 00:44:55,920 assets to get loans with. Use those assets to buy Bitcoin 829 00:44:55,920 --> 00:44:58,440 on the treasury. It can quickly become another 830 00:44:58,440 --> 00:45:01,680 stock that's a store of value. Speaking of which, the reason 831 00:45:01,680 --> 00:45:05,080 MicroStrategy is doing so well is because it's taking the store 832 00:45:05,080 --> 00:45:07,240 of value premium away from other stocks. 833 00:45:07,760 --> 00:45:11,040 Stocks have functioned as a de facto store value for a long 834 00:45:11,040 --> 00:45:13,480 time. The premium now is now leaking 835 00:45:13,480 --> 00:45:15,800 towards something that holds its value better. 836 00:45:16,120 --> 00:45:19,080 The presence of Bitcoin on the balance sheet turns a store 837 00:45:19,080 --> 00:45:22,600 value premium in these stocks into Bitcoin substitutes. 838 00:45:22,880 --> 00:45:25,960 And it really won't take many companies to do these things for 839 00:45:25,960 --> 00:45:30,000 the entire market to expand USD and complete the monetization of 840 00:45:30,000 --> 00:45:32,320 Bitcoin. And that, ladies and gentlemen, 841 00:45:32,480 --> 00:45:36,040 is happening. And you want to know what 842 00:45:36,240 --> 00:45:40,960 GameStop should be doing now that they got so much cash, now 843 00:45:40,960 --> 00:45:42,880 that their stock is going to the moon. 844 00:45:42,880 --> 00:45:46,120 If they no longer want to be a zombie company, you know what 845 00:45:46,120 --> 00:45:50,680 would really break things? They should just buy Bitcoin. 846 00:45:50,720 --> 00:45:53,920 It's as simple as that. That's what the GameStop should 847 00:45:53,920 --> 00:45:55,760 do. And then all of a sudden, it's 848 00:45:55,840 --> 00:45:57,880 not a it's not a zombie company anymore. 849 00:45:58,840 --> 00:46:00,560 Like they're not going to go out of business. 850 00:46:01,840 --> 00:46:04,720 They become, like Jimmy Song said, like they become a store 851 00:46:04,720 --> 00:46:05,880 of value. That's what it is. 852 00:46:06,080 --> 00:46:09,120 And it's really interesting also is the premium aspect. 853 00:46:09,120 --> 00:46:12,880 And that's something that we, we don't talk enough about, right? 854 00:46:13,080 --> 00:46:16,960 And that's something that people don't really understand is that 855 00:46:16,960 --> 00:46:20,280 everything around you, like whether it's real estate or 856 00:46:20,280 --> 00:46:24,800 stocks, the reason that they're as elevated as they are is 857 00:46:24,800 --> 00:46:29,040 because people have been using them as mechanisms to escape 858 00:46:29,040 --> 00:46:34,320 inflation, to outpace inflation. Things shouldn't work like that, 859 00:46:34,360 --> 00:46:38,680 Like a house shouldn't be seen as an investment, but it is 860 00:46:38,680 --> 00:46:42,400 right now because of how broken the system is fundamentally. 861 00:46:42,800 --> 00:46:45,120 And that's what Bitcoin ultimately fixes. 862 00:46:45,120 --> 00:46:47,680 Like this is like one of those things where you can truly say 863 00:46:47,960 --> 00:46:52,560 Bitcoin fixes this. And that theoretical case that 864 00:46:52,560 --> 00:46:57,440 Jimmy made is no longer just a theoretical now it's real. 865 00:46:57,600 --> 00:47:01,160 It's super real because another company has followed in the 866 00:47:01,160 --> 00:47:04,120 steps of MicroStrategy. They made a major announcement 867 00:47:04,360 --> 00:47:08,200 and within a week they came to the realization that Michael 868 00:47:08,200 --> 00:47:12,080 Saylor did, which is holy shit, we can borrow against our 869 00:47:12,080 --> 00:47:17,040 company to buy even more Bitcoin and create this never ending 870 00:47:17,040 --> 00:47:18,880 feedback loop. Now let's see if they get the 871 00:47:18,880 --> 00:47:21,640 loan. But if they do and six from six 872 00:47:21,640 --> 00:47:25,920 months from now, their stock goes higher, I guarantee you 873 00:47:25,920 --> 00:47:29,440 that another company that you've never heard of that's publicly 874 00:47:29,440 --> 00:47:32,920 traded, that stock's been going sideways for many years, is 875 00:47:32,920 --> 00:47:36,520 going to say holy shit, like, let's get rich. 876 00:47:36,560 --> 00:47:39,000 Let's follow this. This clearly this is working, 877 00:47:39,400 --> 00:47:42,280 right? And then I think all hell breaks 878 00:47:42,280 --> 00:47:45,920 loose, which we can't like really imagine right now. 879 00:47:45,960 --> 00:47:48,080 But I guarantee you it's going to happen. 880 00:47:49,200 --> 00:47:54,200 I guarantee you this is going to happen within the next 5 to 10 881 00:47:54,200 --> 00:47:56,440 years. As soon as you hear Google, 882 00:47:56,720 --> 00:48:02,160 Facebook, Apple, Tesla already has Bitcoin or any of these 883 00:48:02,160 --> 00:48:04,920 companies publicly announced like, hey, holy shit. 884 00:48:05,560 --> 00:48:07,640 You know, we're buying Bitcoin, we're putting in on its balance 885 00:48:07,640 --> 00:48:10,200 sheet and we're doing this as an alternative to holding dollars. 886 00:48:10,200 --> 00:48:13,000 And then all of a sudden that stock starts to outperform all 887 00:48:13,000 --> 00:48:15,800 the other tech stocks that haven't adopted that strategy. 888 00:48:15,800 --> 00:48:17,800 They're at a disadvantage and they're going to fall in the 889 00:48:17,800 --> 00:48:22,480 footsteps. So you know, this is crazy, like 890 00:48:22,920 --> 00:48:28,240 this is a game changer 100%. And I don't think people are 891 00:48:28,240 --> 00:48:31,400 bullish enough for this upcoming cycle because this is really the 892 00:48:31,400 --> 00:48:35,600 cycle of institutions. And we like seven years ago, I 893 00:48:35,600 --> 00:48:42,800 never forget, I always say this 2017, the cope was bro, the 894 00:48:42,800 --> 00:48:46,200 institutions are coming man. It's going to pump the price 895 00:48:46,200 --> 00:48:49,000 back up. And we dropped from like 20 K to 896 00:48:49,000 --> 00:48:51,000 like 3500. And that was one of the coping 897 00:48:51,000 --> 00:48:54,480 mechanisms that we used to try to make ourselves feel better. 898 00:48:54,720 --> 00:48:58,840 But in reality, they weren't. They weren't even close. 899 00:48:59,040 --> 00:49:02,360 They weren't even close. The institutional game started 900 00:49:02,560 --> 00:49:06,000 as soon as the ETF was approved in January. 901 00:49:06,640 --> 00:49:10,760 Everything changed that moment. As soon as BlackRock put its 902 00:49:10,760 --> 00:49:14,880 stamp of approval and said this is a legitimate asset for 903 00:49:14,880 --> 00:49:17,680 institutions to hold, everything changed. 904 00:49:18,160 --> 00:49:24,080 And Michael Saylor came early. If you came in before 2020, you, 905 00:49:24,400 --> 00:49:26,560 you outpaced Michael Saylor obviously has a lot more 906 00:49:26,560 --> 00:49:28,720 purchasing power, but you were, you were first. 907 00:49:29,680 --> 00:49:32,680 And if you were before January, you were before the institution. 908 00:49:32,680 --> 00:49:36,040 So you front run, you front ran like we always say here, it's 909 00:49:36,040 --> 00:49:39,400 simply Wall Street. And usually it's Wall Street 910 00:49:39,400 --> 00:49:41,600 that front runs everyone, Main Street. 911 00:49:41,840 --> 00:49:44,200 But in Bitcoin's case, the complete opposite. 912 00:49:44,440 --> 00:49:46,160 Bitcoin is the peaceful revolution. 913 00:49:46,160 --> 00:49:49,000 Bitcoin is the Rage Against the machine. 914 00:49:49,200 --> 00:49:54,000 Bitcoin is the real GameStop movement, and because people 915 00:49:54,000 --> 00:49:57,480 haven't woken up to that, that presents an opportunity to you. 916 00:49:57,840 --> 00:50:03,080 If Bitcoin was the mainstream, the mainstream thing, if Bitcoin 917 00:50:03,080 --> 00:50:07,040 and a Bitcoiner were getting like 600,000 people watching him 918 00:50:07,040 --> 00:50:11,320 live shit on GameStop, then the opportunity wouldn't be there 919 00:50:11,320 --> 00:50:15,080 for you anymore, right? So I think people are going to 920 00:50:15,080 --> 00:50:18,560 wake up to this as Bitcoin continues to shine anyways, 921 00:50:18,640 --> 00:50:19,920 Opti, what's your take on this, brother? 922 00:50:20,080 --> 00:50:21,880 Oh, bad, good. Yeah. 923 00:50:21,880 --> 00:50:24,200 I mean, I, I couldn't agree more with what you were saying. 924 00:50:25,120 --> 00:50:27,720 Totally agree. And and it's something that I 925 00:50:27,720 --> 00:50:30,440 think we're all as bitcoins. Once you've been around long 926 00:50:30,440 --> 00:50:34,280 enough and you really understand the problems of not only the 927 00:50:34,280 --> 00:50:37,560 traditional financial world, but of Fiat money in particular, you 928 00:50:37,560 --> 00:50:39,600 realize that everyone has the same problem. 929 00:50:39,600 --> 00:50:43,480 Whether you're a corporation, an individual, a nation state, even 930 00:50:43,480 --> 00:50:46,120 the banks and the central bankers, we all have the same 931 00:50:46,120 --> 00:50:48,800 problem. There is nothing to store value 932 00:50:48,800 --> 00:50:52,640 in because they can print as much Fiat money as possible. 933 00:50:52,960 --> 00:50:56,560 And any hard asset, anything with real value is of course 934 00:50:56,560 --> 00:51:01,160 going to seemingly go up because of the value of the dollar, the 935 00:51:01,160 --> 00:51:04,360 purchasing power of your Fiat currencies are getting debased. 936 00:51:04,360 --> 00:51:06,040 So it looks like everything's going up. 937 00:51:06,240 --> 00:51:08,880 And once you realize this game, once you realize the mechanism 938 00:51:08,880 --> 00:51:12,640 of the game and you start to look for alternatives, then 939 00:51:12,680 --> 00:51:15,400 eventually all roads lead to Bitcoin. 940 00:51:15,400 --> 00:51:18,040 And man, I've been been joking about this for a while on the 941 00:51:18,040 --> 00:51:22,320 show that I, I wish we at simply Bitcoin basically had free loans 942 00:51:22,320 --> 00:51:25,240 because we'd be taking out a shit tons of money to stack 943 00:51:25,240 --> 00:51:27,920 Bitcoin as a company. Like if we had the sailor plan 944 00:51:27,920 --> 00:51:30,560 where you're basically getting, you know, billions of dollars 945 00:51:30,560 --> 00:51:35,760 for free on a six year loan and you stack that into Bitcoin like 946 00:51:35,760 --> 00:51:38,120 it's basically printing free money. 947 00:51:38,120 --> 00:51:41,960 Like it's an infinite money glitch and it's a speculative 948 00:51:41,960 --> 00:51:44,640 attack on the dollar or Fiat currencies, no matter how you 949 00:51:44,640 --> 00:51:46,920 dress it up. So people can say whatever they 950 00:51:46,920 --> 00:51:49,680 want, you know, like, oh, this is just good for our balance 951 00:51:49,680 --> 00:51:51,280 sheet. But once you really understand 952 00:51:51,280 --> 00:51:55,320 the game theory, you understand that people really are starting 953 00:51:55,320 --> 00:51:59,280 to catch on to the game that, Oh my God, I can basically take out 954 00:51:59,280 --> 00:52:03,920 as much of this paper currency, these these IO us this, this 955 00:52:04,120 --> 00:52:06,400 government debt. And I can stack it into 956 00:52:06,400 --> 00:52:07,800 something that cannot be the base. 957 00:52:07,800 --> 00:52:12,120 Like anyone that thinks clearly and and can kind of zoom out a 958 00:52:12,120 --> 00:52:15,360 little bit from what is the status quo realizes that this is 959 00:52:15,360 --> 00:52:18,080 the game being played like this is the only game in town. 960 00:52:18,400 --> 00:52:21,920 Because Nico, I don't know if you saw, but we just got this 961 00:52:21,920 --> 00:52:23,160 happened in the beginning of the week. 962 00:52:23,440 --> 00:52:27,680 We just got news that China dumped 50 billion of U.S. 963 00:52:27,680 --> 00:52:31,840 Treasuries and they continue. At this rate, they will be 964 00:52:31,840 --> 00:52:34,520 completely out of U.S. Treasuries by 2026. 965 00:52:34,520 --> 00:52:38,520 That's two years from now. So everyone is waking up to the 966 00:52:38,560 --> 00:52:41,640 idea that the dollar or the OR U.S. 967 00:52:41,640 --> 00:52:44,040 Treasuries. Faith in the US government like 968 00:52:44,560 --> 00:52:47,240 they're like holy shit like these guys are spending like 969 00:52:47,240 --> 00:52:52,320 fucking crazy Oh, and not only that, right, so the so China, 970 00:52:52,320 --> 00:52:53,680 you're right, they're dumping U.S. 971 00:52:53,680 --> 00:52:56,120 Treasuries. They're stocking gold, right 972 00:52:56,120 --> 00:52:59,560 yes, but it was Saudi Arabia that didn't sign up to the Petro 973 00:52:59,560 --> 00:53:01,720 dollar deal anymore. So for anyone one who's not in 974 00:53:01,720 --> 00:53:06,360 the know, back in the 70s, Saudi Arabia, major supplier of the 975 00:53:06,360 --> 00:53:09,240 world's oil supply or major supplier to the world. 976 00:53:09,240 --> 00:53:13,600 And in terms of oil, they basically had a deal with the US 977 00:53:13,600 --> 00:53:15,880 government. the US government would provide defense and 978 00:53:15,880 --> 00:53:18,920 weapons and all that. And in return, Saudi Arabia 979 00:53:18,920 --> 00:53:22,840 would only sell oil to other countries in the dollar. 980 00:53:23,440 --> 00:53:26,200 So it created the situation where you wanted to buy oil, it 981 00:53:26,200 --> 00:53:29,800 had to be in dollars, right? Saudi Arabia basically said, no, 982 00:53:29,800 --> 00:53:31,720 we're not doing that anymore, right? 983 00:53:31,720 --> 00:53:34,560 So you can, you don't have to use dollars to buy oil anymore. 984 00:53:34,560 --> 00:53:36,000 Now let's see what happens, right? 985 00:53:36,000 --> 00:53:39,600 The market's going to decide, not a government, but I find 986 00:53:39,600 --> 00:53:43,480 that interesting too. So clearly in 10 years, is the 987 00:53:43,640 --> 00:53:48,440 US government going to continue to have the ability to spend 988 00:53:48,440 --> 00:53:52,400 this crazy, absurd amount? Look, last year, 2020, three, 989 00:53:52,400 --> 00:53:57,160 $1.7 trillion, they spent more than they collected in tax 990 00:53:57,160 --> 00:53:59,720 revenue, deficit spending. Where did they get that money? 991 00:53:59,840 --> 00:54:03,160 That's the GDP of most countries on planet Earth. 992 00:54:03,160 --> 00:54:06,600 Just to kind of give you an idea, El Salvador has AGDP of 35 993 00:54:06,600 --> 00:54:12,600 billion. the US government spent 1.7 trillion with the T just to 994 00:54:12,600 --> 00:54:15,360 kind of give you an idea of how much money it is. 995 00:54:15,600 --> 00:54:18,960 And the only reason the United States is not like Argentina in 996 00:54:18,960 --> 00:54:22,480 terms of its inflation situation is because of because of the 997 00:54:22,480 --> 00:54:24,680 fact that it's the world reserve currency. 998 00:54:25,160 --> 00:54:29,840 So it has this unique ability to just keep spread, like spending 999 00:54:29,840 --> 00:54:33,400 all this money because everyone is holding dollars all around 1000 00:54:33,400 --> 00:54:36,080 the world. That's the case now. 1001 00:54:36,120 --> 00:54:39,560 Is that going to be the case 510 years from now? 1002 00:54:39,560 --> 00:54:43,280 I don't know. But what I will say is that if 1003 00:54:43,280 --> 00:54:47,640 you're in the US, you benefit tremendously from living in a 1004 00:54:47,640 --> 00:54:49,800 country that is the world reserve currency. 1005 00:54:50,000 --> 00:54:55,800 When that party ends, you better hope you own Bitcoin. 1006 00:54:55,880 --> 00:54:58,200 You read that book. Odell was talking about it all 1007 00:54:58,200 --> 00:54:59,480 the time. Mandibles, right? 1008 00:54:59,760 --> 00:55:04,760 Like, dude, if things will get bad, like really bad, the 1009 00:55:05,200 --> 00:55:07,360 government's not going to be able to pay for things like they 1010 00:55:07,360 --> 00:55:10,600 used to, like the infighting, the tension. 1011 00:55:10,680 --> 00:55:12,920 Look at the political atmosphere now. 1012 00:55:12,920 --> 00:55:16,920 Do you think that's unrelated to what happened in 2008? 1013 00:55:18,960 --> 00:55:22,800 Look at how that person felt in that first video, how charged, 1014 00:55:22,800 --> 00:55:26,800 how heated he is. There's a big portion of the 1015 00:55:26,800 --> 00:55:29,160 population that feel the way he does. 1016 00:55:29,280 --> 00:55:32,440 We can't afford housing, we can't afford these things. 1017 00:55:32,720 --> 00:55:36,240 It's not our fault, right? Creates a very interesting 1018 00:55:36,240 --> 00:55:39,960 situation to say the least. I do want to go before before we 1019 00:55:39,960 --> 00:55:43,400 go on, though, I just wanna add something to to what you said is 1020 00:55:43,600 --> 00:55:46,920 at first people will go into gold because they're so used to 1021 00:55:46,920 --> 00:55:49,720 it and eventually they're gonna end up on Bitcoin like, you 1022 00:55:49,720 --> 00:55:52,520 know, similar MicroStrategy. And once we see the corporations 1023 00:55:52,520 --> 00:55:55,400 all do this, like I'll make a candle coming. 1024 00:55:55,920 --> 00:55:57,480 Amen to that. All right everybody, I do want 1025 00:55:57,480 --> 00:55:59,000 to give a shout out to our sponsor, the Orange. 1026 00:55:59,000 --> 00:56:02,160 Pull up the Bitcoin social layer stack friends who stack sats. 1027 00:56:02,160 --> 00:56:04,760 Find local bitcoiners, events and merchants near you. 1028 00:56:04,760 --> 00:56:09,360 Join the 10,485 bit corners that are currently on the app as a 1029 00:56:09,360 --> 00:56:11,840 really clever geographical feature, so you'll only find 1030 00:56:11,840 --> 00:56:15,760 coiners near you, around you. It's really cool. 1031 00:56:15,840 --> 00:56:18,600 It has a clever filtration system, so you'll only find bit 1032 00:56:18,600 --> 00:56:21,400 corners on the app. If you move to a new city, you 1033 00:56:21,400 --> 00:56:23,640 can pull up the orange pull up. It will literally tell you who's 1034 00:56:23,640 --> 00:56:25,920 around you, who's near you. It's a great way. 1035 00:56:25,920 --> 00:56:28,520 It's probably a good idea to build up that Bitcoin Rolodex. 1036 00:56:28,520 --> 00:56:30,520 I truly believe that bit corners are going to be some of the most 1037 00:56:30,520 --> 00:56:33,600 powerful, influential people in the next 5 to 10 years to make 1038 00:56:33,600 --> 00:56:35,560 friends in Bitcoin. And a great way to do it is the 1039 00:56:35,560 --> 00:56:37,160 orange pull up. It's also one of the best ways 1040 00:56:37,160 --> 00:56:39,600 to reach me directly. Send me Adm on the orange pull 1041 00:56:39,600 --> 00:56:41,560 up. All right everybody, I do want 1042 00:56:41,560 --> 00:56:44,360 to transition to the culture. Lots to talk about. 1043 00:56:46,680 --> 00:56:54,560 The daily culture they. Do want to give a shout out to 1044 00:56:54,560 --> 00:56:57,680 our sponsor Kaboom Racks, the most trusted place to buy, sell 1045 00:56:57,680 --> 00:57:00,040 and host mining equipment. 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So check out Kaboom Racks today. 1065 00:57:53,360 --> 00:57:55,560 All right, man, I'm really excited today's episode because 1066 00:57:56,640 --> 00:58:02,160 Naim Bukele had a phenomenal interview with the most popular 1067 00:58:02,160 --> 00:58:04,800 broadcaster on the planet, Tucker Carlson. 1068 00:58:04,800 --> 00:58:06,760 It seems like you have a clip pulled up of it, Opti. 1069 00:58:06,760 --> 00:58:07,240 Yeah. Yeah. 1070 00:58:07,240 --> 00:58:11,680 So just giving some context. This is the culture and what we 1071 00:58:11,680 --> 00:58:14,920 want to do here is not only feature Bitcoin culture, but 1072 00:58:14,920 --> 00:58:18,080 also have some social commentary on things that are happening 1073 00:58:18,080 --> 00:58:21,600 outside of Bitcoin. And I highly recommend everyone 1074 00:58:21,600 --> 00:58:24,560 go watch this interview, send it to your friends and family. 1075 00:58:24,800 --> 00:58:27,400 I'm I'm going to try to force my parents to watch this because 1076 00:58:27,760 --> 00:58:30,600 it's like it's, I think it's kind of a master class of what's 1077 00:58:30,600 --> 00:58:33,280 going on. I watched it a few times. 1078 00:58:33,280 --> 00:58:37,560 I did take a couple notes, guys, but I, I think I picked the best 1079 00:58:37,560 --> 00:58:40,400 part of that clip that it's only two minutes. 1080 00:58:40,400 --> 00:58:43,680 So, but I wanted to highlight a few different things that Naive 1081 00:58:43,680 --> 00:58:45,480 was saying throughout this whole interview. 1082 00:58:45,760 --> 00:58:48,280 And you know, you may agree with some of it, you may not. 1083 00:58:48,280 --> 00:58:49,440 And that's the beauty of the show. 1084 00:58:49,960 --> 00:58:52,600 But I put some some time stamps here. 1085 00:58:52,600 --> 00:58:55,400 So at the three minute mark, Naive Buckley goes, you can't do 1086 00:58:55,400 --> 00:58:56,800 anything if you don't have peace. 1087 00:58:56,800 --> 00:59:00,080 You need basic rights respected before you could even get to 1088 00:59:00,080 --> 00:59:01,720 peace. Or like you need the basic 1089 00:59:01,720 --> 00:59:05,000 rights respected to get peace around the nine minute part, 1090 00:59:05,120 --> 00:59:08,640 which was very interesting that, you know, I, I've never heard, 1091 00:59:08,640 --> 00:59:11,320 but any politician probably said this, that they praised for 1092 00:59:11,320 --> 00:59:15,680 wisdom and that their whole cabinet, their whole people in 1093 00:59:15,680 --> 00:59:18,040 office, they all believe in God, which is very interesting 1094 00:59:18,040 --> 00:59:20,200 considering what's going on. And I know you guys might 1095 00:59:20,200 --> 00:59:22,280 disagree there. At the 15 minute mark, which I 1096 00:59:22,320 --> 00:59:23,640 thought was a very powerful quote. 1097 00:59:23,640 --> 00:59:26,600 He goes, there is a spiritual war and there's a physical war. 1098 00:59:26,760 --> 00:59:29,480 If you win the spiritual war, it will reflect into the physical 1099 00:59:29,480 --> 00:59:30,760 war. I absolutely love that. 1100 00:59:31,000 --> 00:59:36,280 At the 20 minute mark is where Naive Bukele responded to the 1101 00:59:36,280 --> 00:59:40,360 condemnation, the hate he got from the human rights 1102 00:59:40,360 --> 00:59:43,640 organizations out there. And he was surprised that people 1103 00:59:43,640 --> 00:59:46,240 cared more about the criminals rights in the honest citizens 1104 00:59:46,240 --> 00:59:48,720 rights, which is very interesting considering what's 1105 00:59:48,720 --> 00:59:50,960 going on in the world. And it kind of makes you think 1106 00:59:50,960 --> 00:59:53,960 of what we've been saying in the beginning that maybe we're at a 1107 00:59:53,960 --> 00:59:57,120 point where the laws aren't actually helping the the 1108 00:59:57,120 --> 01:00:00,200 everyday person out there. At the 33 minute mark, Naive 1109 01:00:00,200 --> 01:00:03,240 Bukelli says something we say all the time on this show that 1110 01:00:03,240 --> 01:00:06,000 the incentives are wrong, that the incentives are broken. 1111 01:00:06,160 --> 01:00:10,080 And This is why the system is eroding at the 43 minute mark. 1112 01:00:10,480 --> 01:00:12,880 He talked about the money printer, about the US having 1113 01:00:12,880 --> 01:00:15,160 unlimited resources because of the money printer. 1114 01:00:15,160 --> 01:00:18,680 And yet we're still extremely efficient, inefficient, sorry, 1115 01:00:18,680 --> 01:00:20,360 inefficient. What's going on here? 1116 01:00:20,680 --> 01:00:23,360 And the part that I'm gonna bring up is at the 48 minute 1117 01:00:23,360 --> 01:00:26,560 mark, it says that the US has everything and yet it's still 1118 01:00:26,560 --> 01:00:27,520 crumbling. Why? 1119 01:00:27,840 --> 01:00:30,840 And this is yes, and this is the part that I want to play. 1120 01:00:30,840 --> 01:00:33,960 And then the last part, which I thought was very interesting was 1121 01:00:33,960 --> 01:00:37,440 at the 59 minute mark, Naive Bukele was commenting on this 1122 01:00:37,440 --> 01:00:41,560 politician trying to micromanage the art in El Salvador and just 1123 01:00:41,560 --> 01:00:43,400 being completely out of touch with the people. 1124 01:00:43,600 --> 01:00:45,760 Anyways, I'm sure you'll find some more highlights throughout 1125 01:00:45,760 --> 01:00:47,880 this whole clip, but I wanted to bring on a few things. 1126 01:00:48,240 --> 01:00:51,640 And the reason we wanted to bring this on again is to talk 1127 01:00:51,840 --> 01:00:54,080 about culture, cultural commentary. 1128 01:00:54,400 --> 01:00:58,400 But in this clip right here, I think Naive Bukele completely 1129 01:00:58,400 --> 01:01:01,920 sums up what we say on the show every single day about the 1130 01:01:01,920 --> 01:01:06,440 system, about where the US place in it is in it, and whether 1131 01:01:06,440 --> 01:01:08,680 there's still hope for America. And I know we're American 1132 01:01:08,680 --> 01:01:12,360 centric and our audience is global, but I think Naive Bukele 1133 01:01:12,360 --> 01:01:14,080 just absolutely nails it on this. 1134 01:01:14,080 --> 01:01:16,800 It's about a minute or two. It is at 1.25 because that's 1135 01:01:16,800 --> 01:01:19,080 just how my brain works. So let's listen to this. 1136 01:01:21,680 --> 01:01:26,280 Update the screen. You have workers, you have blue 1137 01:01:26,280 --> 01:01:28,840 collar workers, you have trains interactually, interactually. 1138 01:01:30,360 --> 01:01:32,520 But if you sanction Russia have work. 1139 01:01:32,640 --> 01:01:36,440 So to super, to superpower, yes. So they have wheat, they have 1140 01:01:36,440 --> 01:01:39,400 energy, they have natural gas, oil, yes, because they were 1141 01:01:39,400 --> 01:01:41,080 built like that. Industrial capacity. 1142 01:01:41,080 --> 01:01:43,360 Industrial capacity factories, you know, workers. 1143 01:01:43,880 --> 01:01:46,640 So the US is like that too. It was built as a superpower. 1144 01:01:47,040 --> 01:01:50,280 So you have wheat, you have corn, you have workers, you have 1145 01:01:50,280 --> 01:01:53,120 blue collar workers, you have trained skilled factory workers, 1146 01:01:53,120 --> 01:01:57,000 you have colleges, you have universities, you have school 1147 01:01:57,000 --> 01:02:01,800 system, you have infrastructure, you have cities, tourism, the 1148 01:02:01,800 --> 01:02:05,200 Mississippi River. I mean, you have everything. 1149 01:02:05,440 --> 01:02:08,400 You have ships, you have warehouses, you know, 1150 01:02:09,600 --> 01:02:13,680 agriculture, fertile lands. You know what, what you, you 1151 01:02:13,720 --> 01:02:16,040 didn't have before you, you, you, you got right. 1152 01:02:16,040 --> 01:02:18,080 You took from, you know, Mexico or whatever. 1153 01:02:18,400 --> 01:02:23,280 So the US was, was built to be a superpower, right? 1154 01:02:24,120 --> 01:02:26,560 Acquire land, acquire fertile lands, acquire. 1155 01:02:26,800 --> 01:02:29,440 I mean, Texas was part of Mexico, but it's part of the US 1156 01:02:29,440 --> 01:02:32,920 and you have all the oil there. So I mean, and then you have 1157 01:02:32,920 --> 01:02:36,440 California and you have, I mean, the US is built as a superpower. 1158 01:02:37,200 --> 01:02:41,720 So the US has everything to go on for 1000 years. 1159 01:02:42,840 --> 01:02:47,880 It's not like it's doomed to fail, but apparently the leaders 1160 01:02:48,000 --> 01:02:50,640 or most of them, you have probably very good leaders, but 1161 01:02:50,640 --> 01:02:54,280 most of the leaders, they don't, they're not seeing they, they 1162 01:02:54,640 --> 01:02:58,800 either they, they are evil or this is not, you know, 1163 01:02:58,960 --> 01:03:00,760 conspiracy theories. It's just, you know, the options 1164 01:03:00,760 --> 01:03:03,200 you have. Either they're evil and they 1165 01:03:03,200 --> 01:03:08,040 want to destroy the US because of some evil reason or they're 1166 01:03:08,040 --> 01:03:12,200 puppets and they are being handled people that need the US 1167 01:03:12,200 --> 01:03:15,720 to be destroyed by for some reason or they're incompetent 1168 01:03:16,520 --> 01:03:19,080 and they just, you know, doing wrong stuff because they're not 1169 01:03:19,080 --> 01:03:20,400 capable of doing the right stuff. 1170 01:03:21,080 --> 01:03:26,240 Or sorry, I said three, but the incentives, right? 1171 01:03:26,760 --> 01:03:30,360 I mean, changing a country and changing a lot of things that 1172 01:03:30,360 --> 01:03:34,160 are badly done, probably anger will, will anger some people, 1173 01:03:34,160 --> 01:03:36,920 right? Some groups, some, some lobbies, 1174 01:03:36,920 --> 01:03:39,200 some interests. I mean, if you say, OK, we're 1175 01:03:39,200 --> 01:03:43,400 going to stop the railway that's costing us $15 billion per 600 1176 01:03:43,400 --> 01:03:45,000 meters, a lot of companies will be angry. 1177 01:03:45,000 --> 01:03:48,160 A lot of, you know, I don't know, mayors, you have a system 1178 01:03:48,160 --> 01:03:52,080 that that that needs to be needs to be handled. 1179 01:03:52,680 --> 01:03:56,520 So, and that needs leadership and it needs a clear, a clear 1180 01:03:56,520 --> 01:04:01,040 mandate that is probably a little hard to get in the US 1181 01:04:01,040 --> 01:04:03,600 because of, you know, the opposite views and, you know, 1182 01:04:03,600 --> 01:04:07,520 the bipartisanship and but but you need to do it. 1183 01:04:08,760 --> 01:04:11,640 Absolutely love it. He killed that, absolutely 1184 01:04:11,640 --> 01:04:14,080 killed that speech, and it's something again, that's why I 1185 01:04:14,080 --> 01:04:16,160 wanted to give the context of some of the stuff he was talking 1186 01:04:16,160 --> 01:04:18,200 about. But it really boils down to what 1187 01:04:18,200 --> 01:04:20,800 we say all the time, and I even said it earlier in the show. 1188 01:04:21,120 --> 01:04:25,760 It's either that the system is designed this way or the system 1189 01:04:25,760 --> 01:04:28,880 is going completely awry because of the incentives. 1190 01:04:28,880 --> 01:04:31,920 And of course, we at Simply Bitcoin always think if you 1191 01:04:31,920 --> 01:04:35,560 align the incentives, you get on better money, you start using a 1192 01:04:35,560 --> 01:04:37,960 money that you can't debase. And actually, there was a very 1193 01:04:37,960 --> 01:04:40,800 good part in that whole conversation. 1194 01:04:40,800 --> 01:04:43,880 Again, I I recommend you guys watch the whole thing where he 1195 01:04:43,880 --> 01:04:45,800 talks about the incentive structures of being a 1196 01:04:45,800 --> 01:04:47,200 politician. And you don't have to 1197 01:04:47,200 --> 01:04:50,160 necessarily call them evil, But if you have a money printer 1198 01:04:50,160 --> 01:04:53,040 behind you, then of course, you're basically going to be 1199 01:04:53,040 --> 01:04:55,240 buying votes. And then once you take that 1200 01:04:55,240 --> 01:04:58,280 power away, you start to align the incentive structure. 1201 01:04:58,280 --> 01:05:00,800 And as someone that, you know, fix their country in three 1202 01:05:00,800 --> 01:05:05,080 years, like it carries a lot more weight than when Nico and I 1203 01:05:05,080 --> 01:05:07,440 say this and we're just Youtubers and Bitcoiners over 1204 01:05:07,440 --> 01:05:09,160 here. Like he's done it. 1205 01:05:09,600 --> 01:05:13,840 Yes, they still have to ensure that this this goes on longer 1206 01:05:13,840 --> 01:05:16,640 than Naive Buchelli being there. But it all boils down to the 1207 01:05:16,640 --> 01:05:18,920 same thing. The incentive structures of the 1208 01:05:18,920 --> 01:05:23,080 world in the in the first world, in America, in the EU, it is 1209 01:05:23,160 --> 01:05:26,000 it's either completely broken or it is designed this way. 1210 01:05:26,400 --> 01:05:30,200 And we do need new solutions and, you know, we need new 1211 01:05:30,200 --> 01:05:32,000 ideas. And I think Naive Buchelli just 1212 01:05:32,000 --> 01:05:35,800 absolutely, absolutely destroyed the, the narrative, the flood 1213 01:05:35,800 --> 01:05:37,840 lines, all of the hate he's been getting. 1214 01:05:38,120 --> 01:05:42,400 And I saw, I, I didn't double check here, but last time I saw, 1215 01:05:42,400 --> 01:05:44,880 OK, so it's at 6.6 million views. 1216 01:05:45,200 --> 01:05:47,520 Like that is breaking the echo chamber. 1217 01:05:47,520 --> 01:05:49,480 This is how you get these ideas across. 1218 01:05:49,480 --> 01:05:52,080 And I'm going to be spreading this to all my friend, or rather 1219 01:05:52,080 --> 01:05:54,880 more, more of my families because my friends don't really 1220 01:05:54,880 --> 01:05:56,600 care. But my I want my mom and my dad 1221 01:05:56,600 --> 01:06:00,640 to listen to this because I think it's a very great way of 1222 01:06:01,200 --> 01:06:04,160 being objective here and not falling into the left and right 1223 01:06:04,160 --> 01:06:06,920 paradigm. You know, it is a battle of 1224 01:06:06,920 --> 01:06:10,080 orange versus green. Some might say good versus evil, 1225 01:06:10,200 --> 01:06:12,400 but it's all about the inceptive structure. 1226 01:06:12,400 --> 01:06:15,920 And I think Naive Buchelli just absolutely killed, killed it 1227 01:06:15,920 --> 01:06:18,160 with this interview again. Go watch it. 1228 01:06:18,160 --> 01:06:21,680 I watched it twice to give you guys some good, you know, some, 1229 01:06:21,920 --> 01:06:25,000 some quotes and tag lines here. But anyways, Nico, I know you 1230 01:06:25,000 --> 01:06:27,080 watched it. What's your take away from this? 1231 01:06:27,520 --> 01:06:30,840 Dude, so first of all, that is the most popular present in the 1232 01:06:30,840 --> 01:06:32,760 Americas, right? I don't think that's a 1233 01:06:32,760 --> 01:06:36,960 coincidence that the society that fixed the base layer of 1234 01:06:36,960 --> 01:06:41,280 society is a peaceful society, right? 1235 01:06:41,280 --> 01:06:44,720 The president actually does what he's elected to do. 1236 01:06:45,640 --> 01:06:47,120 I don't think that's a coincidence. 1237 01:06:47,120 --> 01:06:49,040 I do not think that's a coincidence. 1238 01:06:49,040 --> 01:06:56,360 I think it's completely related. 100% because Bitcoin fixes the 1239 01:06:56,360 --> 01:07:02,880 incentive structure problem. The issue Washington DC is not 1240 01:07:02,880 --> 01:07:05,320 incentivized to do good by the country. 1241 01:07:05,440 --> 01:07:09,320 He said it like America's a superpower manifest destiny 1242 01:07:09,320 --> 01:07:10,880 right? Literally like from coast to 1243 01:07:10,880 --> 01:07:14,880 coast, isolated, has oceans in between so it can't get attacked 1244 01:07:14,880 --> 01:07:17,520 by another country, has tremendous amount of natural 1245 01:07:17,520 --> 01:07:21,600 resources. And why why the the moral decay 1246 01:07:21,600 --> 01:07:24,080 of society? Why do you have these? 1247 01:07:24,080 --> 01:07:27,200 You know why the end the why the fuck is all this happening? 1248 01:07:27,960 --> 01:07:32,680 Well, it's decadence #1 and #2 it's the money printer. 1249 01:07:33,080 --> 01:07:35,640 That's why Bitcoiners say fix the money, fix the world. 1250 01:07:35,920 --> 01:07:39,360 And it is in I, I love the pact that the, and, and, and I want 1251 01:07:39,360 --> 01:07:41,800 to be respectful to, to some of you guys, right? 1252 01:07:42,000 --> 01:07:45,360 But the part where he said spiritual war, right? 1253 01:07:45,760 --> 01:07:48,000 There's a spiritual component to Bitcoin. 1254 01:07:48,280 --> 01:07:52,200 I don't know what it is, but the general trend that I've seen in 1255 01:07:52,280 --> 01:07:57,200 in people is that they adopt A Bitcoin standard and it heals 1256 01:07:57,200 --> 01:07:59,200 them spiritually in a way, right? 1257 01:07:59,200 --> 01:08:01,800 Like Fiat, I think degrades the spirit. 1258 01:08:01,800 --> 01:08:04,120 There's something inherently corrupt about it. 1259 01:08:04,520 --> 01:08:10,360 And people underestimate how much money plays a role in their 1260 01:08:10,360 --> 01:08:12,920 lives. Like we, I think inherently know 1261 01:08:12,920 --> 01:08:15,720 when we say something like, oh, don't talk about money, it's 1262 01:08:15,720 --> 01:08:18,319 ugly. They're talking about Fiat. 1263 01:08:18,439 --> 01:08:21,160 Like Fiat is ugly. Like it's, it's something very 1264 01:08:21,160 --> 01:08:24,399 ugly to talk about. Bitcoin is very hopeful to talk 1265 01:08:24,399 --> 01:08:25,640 about. It's pretty. 1266 01:08:25,720 --> 01:08:28,279 It's it's equal, right? Like there it's you. 1267 01:08:29,000 --> 01:08:31,240 We talk about Bitcoin every day. We don't get tired of it. 1268 01:08:31,240 --> 01:08:33,840 We don't feel nasty, we don't feel icky, right? 1269 01:08:34,319 --> 01:08:39,399 And you kind of see this like degen and dis degradation and 1270 01:08:39,399 --> 01:08:44,439 not only like Fiat money, but also in shit coins. 1271 01:08:44,760 --> 01:08:47,439 And I and I and I think that they have something in common. 1272 01:08:47,439 --> 01:08:50,240 And look, if you guys are new to this channel, like we're 1273 01:08:50,240 --> 01:08:51,880 libertarians, you can buy whatever you want. 1274 01:08:51,880 --> 01:08:54,319 That's up to you. You can buy GameStop, buy 1275 01:08:54,319 --> 01:08:56,720 Ethereum, that's totally up to you. 1276 01:08:56,720 --> 01:09:01,520 I don't, I don't care, right? But the general trend trend that 1277 01:09:01,520 --> 01:09:06,080 I've noticed is on all these things, they can change the 1278 01:09:06,080 --> 01:09:10,720 rules, they can inflate the supply, therefore debase what 1279 01:09:10,720 --> 01:09:14,279 you have Bitcoin, you can't do that. 1280 01:09:14,920 --> 01:09:17,720 You cannot change the rules to benefit yourself. 1281 01:09:18,439 --> 01:09:22,880 And that I think when you have like an uncorruptible money, 1282 01:09:23,560 --> 01:09:26,200 it's like the pun is totally intended there. 1283 01:09:27,520 --> 01:09:30,240 I think good things happen. I think the human condition 1284 01:09:30,240 --> 01:09:33,200 improves. I think society improves. 1285 01:09:34,880 --> 01:09:41,359 And I think Buchele is a manifestation just like, just 1286 01:09:41,359 --> 01:09:44,279 like Roaring Kitties is a manifestation of the degradation 1287 01:09:44,279 --> 01:09:48,600 of Fiat society. Naeem Buchele is a manifestation 1288 01:09:48,880 --> 01:09:55,240 of a society on a Bitcoin standard, full stop. 1289 01:09:55,880 --> 01:10:00,320 Like that's what Bukili is. And Roaring Kitties is the exact 1290 01:10:00,320 --> 01:10:04,400 fucking polar opposite of that. That is full Fiat degen 1291 01:10:04,720 --> 01:10:11,680 manifestation of the corruption to the core of Fiat and a system 1292 01:10:11,680 --> 01:10:16,720 on Fiat. Like, it is so crazy to me that 1293 01:10:16,720 --> 01:10:19,880 there's an infinite fucking money glitch, right? 1294 01:10:21,320 --> 01:10:23,560 And all these companies are finding out about it. 1295 01:10:23,560 --> 01:10:27,160 And then the very thing that made the Fiat system, the Fiat 1296 01:10:27,160 --> 01:10:30,840 system, this debt based system is going to be the demise of the 1297 01:10:30,840 --> 01:10:33,440 debt based system because it's being used against it. 1298 01:10:33,560 --> 01:10:35,040 And how long until they change the rule? 1299 01:10:35,040 --> 01:10:36,400 Because that's what they love to do. 1300 01:10:37,040 --> 01:10:39,760 As soon as shit starts going against them, they change the 1301 01:10:39,760 --> 01:10:43,520 rules to benefit themselves. And what if you don't have the 1302 01:10:43,520 --> 01:10:46,600 ability to do that anymore? What if you don't have the 1303 01:10:46,600 --> 01:10:50,160 ability to print money anymore? How is the government going to 1304 01:10:50,160 --> 01:10:53,080 afford the wars? How are they going to afford 1305 01:10:53,080 --> 01:10:54,600 that? How are they going to afford the 1306 01:10:54,600 --> 01:10:56,240 tanks? How are they going to? 1307 01:10:56,360 --> 01:10:58,040 They can't pay for it. You know what happened in the 1308 01:10:58,040 --> 01:11:00,440 Middle Ages when the king ran out of gold? 1309 01:11:00,440 --> 01:11:02,240 You know what happened to the armies? 1310 01:11:02,440 --> 01:11:05,840 They all went home. Isn't that like an indication? 1311 01:11:05,840 --> 01:11:08,040 It's like, do people actually give a fuck? 1312 01:11:09,200 --> 01:11:11,160 No, I think human beings are simple. 1313 01:11:11,400 --> 01:11:14,920 I think human beings want to raise a family, eat good food, 1314 01:11:15,040 --> 01:11:19,120 have a good time, go home, go to sleep, do it the next day, live 1315 01:11:19,120 --> 01:11:21,680 a good life. I think we are very simple 1316 01:11:21,680 --> 01:11:25,920 creatures. But I think Fiat gives the power 1317 01:11:25,920 --> 01:11:30,440 to the absolute psychopaths in society and it gives them a God 1318 01:11:30,440 --> 01:11:33,200 like of power of being able to create money for free that 1319 01:11:33,200 --> 01:11:36,080 everyone else has to work for. And then they come up with all 1320 01:11:36,080 --> 01:11:40,680 these fucking insane ideas of endless war. 1321 01:11:40,680 --> 01:11:42,680 Like think about the last century. 1322 01:11:42,680 --> 01:11:46,040 Ron Paul's quote is so resonating, right? 1323 01:11:46,280 --> 01:11:49,720 It's not a coincidence that the last century was the most the 1324 01:11:49,760 --> 01:11:52,840 the the century of central banking was the bloodiest 1325 01:11:52,840 --> 01:11:55,680 century in human history. I don't think that's a 1326 01:11:55,680 --> 01:11:57,880 coincidence. I don't think it's a coincidence 1327 01:11:57,880 --> 01:12:01,480 that Nayan Bukele is the most popular president in El Salvador 1328 01:12:01,480 --> 01:12:04,520 made Bitcoin legal tender. I don't think it's a coincidence 1329 01:12:04,720 --> 01:12:08,760 that you have, you know, again, please put the political 1330 01:12:08,760 --> 01:12:10,800 commentary aside because I can care less. 1331 01:12:10,800 --> 01:12:13,600 But you have, you know, the current president of the US 1332 01:12:13,600 --> 01:12:17,600 right now that questionably shot him, shot his pants on stage 1333 01:12:17,600 --> 01:12:19,880 questionably. I can totally say that because 1334 01:12:19,880 --> 01:12:22,400 they totally hate Bitcoin. So that's fine. 1335 01:12:22,800 --> 01:12:26,960 I don't like politicians that hate Bitcoin, but you know, like 1336 01:12:27,640 --> 01:12:30,560 these are all, this is all extremely symbolic. 1337 01:12:30,560 --> 01:12:33,120 All you got to do is just open your eyes and see the signs. 1338 01:12:33,120 --> 01:12:37,560 It's right there that I have no doubt in my mind and I know for 1339 01:12:37,560 --> 01:12:42,440 a fact Opti's going to agree with me that we are going 1340 01:12:42,440 --> 01:12:45,680 through as, as the world, this spiritual warfare. 1341 01:12:46,320 --> 01:12:49,000 Like I have no doubt in my mind that's what we're going through 1342 01:12:49,000 --> 01:12:51,840 as a society. And and and Bitcoin insulates 1343 01:12:51,840 --> 01:12:56,200 you from the degradation and the corruption of Fiat that is 1344 01:12:56,200 --> 01:12:59,240 inherently connected to the bureaucracy. 1345 01:12:59,240 --> 01:13:03,640 It's inherently connected to the system and Bitcoin insulates you 1346 01:13:03,640 --> 01:13:07,240 from that shit anyways. Bro I may be seeing things that 1347 01:13:07,240 --> 01:13:09,560 are not there but I'm making a lot of connections. 1348 01:13:09,560 --> 01:13:14,360 Bro, I, I just want to add one thing and, and I think when you 1349 01:13:14,360 --> 01:13:17,520 look at it this way and you compare Fiat currencies versus 1350 01:13:17,520 --> 01:13:22,920 Bitcoin, if you study human behavior and psychology for, 1351 01:13:23,040 --> 01:13:26,480 for, you know, the history of man, you understand one thing is 1352 01:13:26,480 --> 01:13:29,680 that human behavior does have to get checked at a certain point. 1353 01:13:30,000 --> 01:13:33,200 And if you have the infinite power of the money printer, then 1354 01:13:33,200 --> 01:13:34,880 you can basically get away with anything. 1355 01:13:34,880 --> 01:13:38,240 You're basically God on earth. And once that power is taken 1356 01:13:38,240 --> 01:13:42,160 away, then you have to provide value to your fellow man. 1357 01:13:42,160 --> 01:13:44,800 You're not able to rob people, you're not able to gain ultimate 1358 01:13:44,800 --> 01:13:46,760 power. And that's what's happening. 1359 01:13:46,760 --> 01:13:49,520 As Elaine always says in the chat, you know, Bitcoin is, is 1360 01:13:49,520 --> 01:13:53,280 money of the natural law and it, it, that's what proof of work is 1361 01:13:53,280 --> 01:13:55,240 all about. It's aligning our money 1362 01:13:55,240 --> 01:13:58,720 structures, our, our financial world back to reality because 1363 01:13:58,720 --> 01:14:01,200 right now we're completely untethered with reality. 1364 01:14:01,520 --> 01:14:03,760 And you're seeing this play out with the politicians, you're 1365 01:14:03,760 --> 01:14:07,200 seeing this play out with the degradation of our society, of 1366 01:14:07,200 --> 01:14:10,160 our culture. And Bitcoin will fix this. 1367 01:14:10,160 --> 01:14:11,840 It it's not going to happen overnight. 1368 01:14:12,120 --> 01:14:16,960 It probably won't happen in just a decade, but it will start to 1369 01:14:16,960 --> 01:14:18,520 fix this. And you're starting to see this 1370 01:14:18,520 --> 01:14:21,440 happen. And you know, like Naibu Cale in 1371 01:14:21,440 --> 01:14:24,840 Bitcoin country is a shining example on the hill, as Nico 1372 01:14:24,840 --> 01:14:26,920 always says. And and, you know, I could only 1373 01:14:26,920 --> 01:14:31,400 hope that we could one day get leaders that have the cajones to 1374 01:14:31,400 --> 01:14:35,120 change the system without being afraid of having, you know, a 1375 01:14:35,120 --> 01:14:36,560 little bit of pain in the short term. 1376 01:14:36,560 --> 01:14:38,720 But maybe I'm a little hopeful here. 1377 01:14:38,720 --> 01:14:41,400 But anyways, Nico did Friday and we're going to get yelled at if 1378 01:14:41,400 --> 01:14:43,560 we don't do a memes. But I actually enjoyed this 1379 01:14:43,560 --> 01:14:44,720 Nico. We're going to have to keep 1380 01:14:44,720 --> 01:14:46,280 doing some more social commentary on. 1381 01:14:46,280 --> 01:14:47,760 This social commentary is the best. 1382 01:14:47,760 --> 01:14:49,880 If you guys enjoyed it, please let us know in the comments. 1383 01:14:49,880 --> 01:14:53,000 We guys, we thrive on your feedback, so please let us know 1384 01:14:53,000 --> 01:14:54,920 if you guys enjoyed it or not. Let's check out the memes. 1385 01:14:57,240 --> 01:15:07,440 Opti's Friday meme review. Roaring Kitties is we're taking 1386 01:15:07,440 --> 01:15:11,480 the mantle back in terms of degen Ness, OK, And the way that 1387 01:15:11,480 --> 01:15:15,000 bit pointers degen is by making memes. 1388 01:15:16,000 --> 01:15:18,960 So what are we looking at Opti? What is this? 1389 01:15:18,960 --> 01:15:22,120 Is that a piece of art? Yeah, this is a great meme. 1390 01:15:22,120 --> 01:15:24,120 It's a little bit of both. It's all memes all the way down. 1391 01:15:24,680 --> 01:15:27,880 But you guys know the deal. We missed it last week, but we 1392 01:15:27,920 --> 01:15:30,640 gave you 2 this week so you can't yell at us too much. 1393 01:15:31,040 --> 01:15:34,920 But as we always say, you guys are frontline soldiers in the 1394 01:15:34,920 --> 01:15:37,040 information war playing out on the Internet. 1395 01:15:37,200 --> 01:15:39,200 Tweets or the bullets, memes or the artillery. 1396 01:15:39,200 --> 01:15:44,080 Remember to ridicule the corporate press, to shame the 1397 01:15:44,080 --> 01:15:46,760 politicians and central bankers into trying to get you into a 1398 01:15:46,760 --> 01:15:49,840 digital dystopia and make some funny so your friends head stay 1399 01:15:49,840 --> 01:15:52,720 in the game but also get the calls of action out there. 1400 01:15:52,920 --> 01:15:55,960 Bitcoin is hope and I don't know, I speak in memes and 1401 01:15:55,960 --> 01:15:59,640 sometimes memes just hit me in the fields guys, but I'm gonna 1402 01:15:59,880 --> 01:16:02,000 cover these memes. Drop your meme score in the 1403 01:16:02,000 --> 01:16:04,440 chat. The meme score is a meme in 1404 01:16:04,440 --> 01:16:08,200 itself. But anyways, I really like Alan 1405 01:16:08,200 --> 01:16:10,880 Watts. Alan B Watts's tweets recently. 1406 01:16:11,120 --> 01:16:13,480 He's been doing a great job and I absolutely love it. 1407 01:16:13,480 --> 01:16:16,480 So yes, this looks like a piece of art and eco, you know, it 1408 01:16:16,480 --> 01:16:18,680 looks like, I don't know if this is Greek. 1409 01:16:18,680 --> 01:16:22,600 It looks like it's a Greek Greek structure and there's like a 1410 01:16:22,600 --> 01:16:25,720 maybe a dude. Yeah, it's like, is he holding 1411 01:16:25,720 --> 01:16:27,400 Bitcoin on top of his head? He's got laser eyes. 1412 01:16:27,600 --> 01:16:29,760 Anyways, he, and This is why I brought it up. 1413 01:16:30,240 --> 01:16:32,600 This is a tweet. Save in Bitcoin and focus on 1414 01:16:32,600 --> 01:16:34,280 your craft. This is what we said on the 1415 01:16:34,280 --> 01:16:37,000 whole show, and this is what everyone is starting to wake up 1416 01:16:37,000 --> 01:16:39,760 to that you don't have to become a financial advisor to survive 1417 01:16:39,760 --> 01:16:42,840 in today's day and age. All you have to do is provide 1418 01:16:42,840 --> 01:16:46,000 value to your fellow man and save in Bitcoin and, you know, 1419 01:16:46,000 --> 01:16:47,960 live. A good life Earn in Bitcoin. 1420 01:16:48,080 --> 01:16:51,320 Save and earn in Bitcoin. OK, this next one is just 1421 01:16:51,320 --> 01:16:54,600 absolutely incredible because this is me and Nico all week. 1422 01:16:54,840 --> 01:16:57,480 Shout out the ghost of Whitman on Twitter and it goes hashtag 1423 01:16:57,480 --> 01:17:00,280 BTC. We're back and we got Nico over 1424 01:17:00,280 --> 01:17:04,640 here just dejected just absolutely destroyed. 1425 01:17:04,640 --> 01:17:06,120 You know, we've been saying all week, we're not. 1426 01:17:06,120 --> 01:17:08,720 We're bored at this price movement anyway, we. 1427 01:17:08,760 --> 01:17:11,920 Can't deal with it anymore. Just the NPC Wojack looking at 1428 01:17:11,920 --> 01:17:14,040 the computer screen, it's like plus 2%. 1429 01:17:14,040 --> 01:17:16,760 We're just destroyed. We just went through the burner, 1430 01:17:16,760 --> 01:17:20,040 you know, went through a a horrible bear market and we're 1431 01:17:20,040 --> 01:17:22,880 so back. We're so back and yet we're 1432 01:17:22,880 --> 01:17:24,680 bored. And on that point, Chen it to my 1433 01:17:24,680 --> 01:17:28,440 boy Ben, he goes, I see you have a nice currency there. 1434 01:17:28,440 --> 01:17:31,720 It'd be a shame if I were to play Creed on repeat. 1435 01:17:31,720 --> 01:17:34,360 Hashtag Bitcoin. We're going higher. 1436 01:17:34,640 --> 01:17:38,240 It's going higher. This is I think this is is it 1437 01:17:38,240 --> 01:17:40,400 the one minute chart, One hour chart? 1438 01:17:40,400 --> 01:17:41,160 I don't know. I don't know. 1439 01:17:41,160 --> 01:17:43,480 But anyways, it's going up forever. 1440 01:17:43,480 --> 01:17:45,000 Number go up it's. Going. 1441 01:17:45,120 --> 01:17:48,000 Higher it's going higher. All right this is this is me and 1442 01:17:48,000 --> 01:17:50,760 Nico again and everyone else in the chat shouts out the Mccaudle 1443 01:17:50,760 --> 01:17:54,560 face and we got Sydney Sweeney here and I think this is what's 1444 01:17:54,560 --> 01:17:57,560 it euphoria and she's crying and being like I'm good. 1445 01:17:57,760 --> 01:18:00,920 Anyways it goes Bitcoin is sitting near all time highs and 1446 01:18:00,920 --> 01:18:03,480 she's crying and freaking out. She's like, I have never ever 1447 01:18:03,480 --> 01:18:04,520 been happier. I I. 1448 01:18:04,920 --> 01:18:08,080 Feel good? A manifestation of Fiat, right? 1449 01:18:08,080 --> 01:18:09,680 It's right there on the screen, yeah. 1450 01:18:10,520 --> 01:18:12,960 I swear I'm not in pain. I'm not in pain right now. 1451 01:18:12,960 --> 01:18:14,720 This is great. I'm good. 1452 01:18:14,960 --> 01:18:17,440 Like man, so much symbolism and all this. 1453 01:18:17,440 --> 01:18:20,280 Okay, next one shout. Out the thoughts everyone, it's 1454 01:18:20,400 --> 01:18:25,360 so obvious it's shouting up to. Dennis Hodel AKA Zined Hodel on 1455 01:18:25,360 --> 01:18:27,400 Twitter and he goes Boys will be boys. 1456 01:18:27,400 --> 01:18:29,480 Hashtag Bitcoin. Yeah, we got. 1457 01:18:29,480 --> 01:18:32,880 I don't know what this is like maybe a Roman or Greek warrior 1458 01:18:32,880 --> 01:18:37,840 here looking very regal here in the midst of battle and it goes 1459 01:18:38,320 --> 01:18:41,480 or conquering battle and it goes how my grandchildren will 1460 01:18:41,480 --> 01:18:44,640 imagine me fighting for Bitcoin in the 3rd and 4th epochs. 1461 01:18:44,840 --> 01:18:48,840 Yes, boys, you don't stack sats for your first name, stack sats 1462 01:18:48,840 --> 01:18:50,600 for. Your last name I saw this is 1463 01:18:50,600 --> 01:18:55,320 kind of reminds me of like I saw something the other day, right? 1464 01:18:55,320 --> 01:18:59,840 Which is this this very important concept that after you 1465 01:18:59,840 --> 01:19:04,000 die, you will be forgotten within two generations or a 1466 01:19:04,000 --> 01:19:07,440 generation, right? I don't think so. 1467 01:19:07,920 --> 01:19:09,520 And the reason for that is simple. 1468 01:19:11,160 --> 01:19:13,920 Now there's the Internet. What you do lives on forever, 1469 01:19:14,400 --> 01:19:16,600 right? And it will always echo an 1470 01:19:16,600 --> 01:19:25,320 eternity, right? So, so like it's just like I 1471 01:19:25,320 --> 01:19:28,920 think with with these types of things like this imagery, right, 1472 01:19:29,400 --> 01:19:32,840 Like this person didn't exist, but I guess it was like what 1473 01:19:32,840 --> 01:19:35,360 they perceive the Greeks to be like if you think about the 1474 01:19:35,360 --> 01:19:39,120 battle 300, like, you know, and then they they comic book it and 1475 01:19:39,120 --> 01:19:42,720 they make like the movie 300 and then like the actual battle was 1476 01:19:42,720 --> 01:19:45,600 different and whatever. But like kind of like Alexander 1477 01:19:45,600 --> 01:19:48,080 the Great, like the mythology of it lived on. 1478 01:19:49,560 --> 01:19:52,480 Everything we do is kind of documented at this point. 1479 01:19:52,480 --> 01:19:56,400 Like there's a video like like the videos aren't going away, 1480 01:19:56,720 --> 01:19:58,440 right? Like especially if the thing 1481 01:19:58,440 --> 01:20:03,520 isn't like if The thing is popular enough, like and the the 1482 01:20:03,520 --> 01:20:05,920 Internet continues to persist and exist. 1483 01:20:06,360 --> 01:20:09,960 Like none of this is going away. So why am I saying all this? 1484 01:20:09,960 --> 01:20:14,600 Why am I going on this tangent? Well, what you do now right in 1485 01:20:14,600 --> 01:20:18,840 terms of your stacking and your whatever, your great, great, 1486 01:20:18,840 --> 01:20:22,680 great, great, great, great, great great grandchildren. 1487 01:20:23,320 --> 01:20:27,960 We'll be able to look at you like like in video like see you 1488 01:20:28,560 --> 01:20:34,400 talking about Bitcoin when this thing was at $70,195. 1489 01:20:36,320 --> 01:20:38,920 So when we. Say Granddaddy was an absolute 1490 01:20:38,920 --> 01:20:41,520 legend. Like it, It's crazy, right? 1491 01:20:41,520 --> 01:20:44,000 Like if we're right about Bitcoin, this thing persists, 1492 01:20:44,000 --> 01:20:46,760 You know, this thing lasts 1000 years or whatnot. 1493 01:20:47,840 --> 01:20:50,440 Yeah, I mean, it's gonna be nuts. 1494 01:20:50,600 --> 01:20:52,440 What's Nika? Sorry, I don't mean to cut you 1495 01:20:52,440 --> 01:20:57,000 off, but what's that one quote? It's something on the lines of 1496 01:20:57,480 --> 01:21:02,280 your words and your actions echo into Infinity, and it kind of 1497 01:21:02,280 --> 01:21:04,360 goes back to everything we say here on the show. 1498 01:21:04,360 --> 01:21:08,120 It's like you as an individual, you may think you have no voice, 1499 01:21:08,120 --> 01:21:13,040 no power, but your behavior on a day-to-day basis does affect 1500 01:21:13,040 --> 01:21:16,600 what happens into the future. And just remember your role in 1501 01:21:16,600 --> 01:21:18,920 in the future and in building a better world. 1502 01:21:18,920 --> 01:21:22,480 Like we all have that power now. Bitcoin has given us that power 1503 01:21:22,800 --> 01:21:24,520 anyways. Because sorry, No, no, no. 1504 01:21:24,520 --> 01:21:27,360 Just great, great. OK, I do have a few more and 1505 01:21:27,560 --> 01:21:30,360 this one these I added these kind just kind of because of all 1506 01:21:30,360 --> 01:21:34,160 the things going on in GameStop. Shout out to the BTC therapist 1507 01:21:34,160 --> 01:21:37,400 and he goes the financial system is broken and we have roaring 1508 01:21:37,480 --> 01:21:40,360 Kitty here and I I forget what is Reddit name it's like deep 1509 01:21:40,360 --> 01:21:44,520 value something anyways, he goes with the GameStop guy roaring 1510 01:21:44,520 --> 01:21:46,440 Kitty goes post his trading positions. 1511 01:21:46,600 --> 01:21:49,480 It's market manipulation and then we got Nancy Pelosi here 1512 01:21:49,640 --> 01:21:52,800 makes 1,000,000 insider trading and it's completely normal. 1513 01:21:52,800 --> 01:21:55,440 No, no, nothing's going on here. I don't I don't know you know, 1514 01:21:55,440 --> 01:21:59,840 just let's let's get roaring Kitty in jail and on the Senate. 1515 01:21:59,840 --> 01:22:02,560 But let's you know let's not talk about the fact that Nancy 1516 01:22:02,560 --> 01:22:04,320 Pelosi is the greatest trader of our generation. 1517 01:22:04,560 --> 01:22:07,200 All right, this next one, shout out to Marty Ben, this one just. 1518 01:22:07,720 --> 01:22:09,560 This is posted while we went live I. 1519 01:22:09,560 --> 01:22:12,880 Saw it popped up and so you know, here's I guess the live 1520 01:22:12,880 --> 01:22:14,560 stream. I we were live so I wouldn't 1521 01:22:14,560 --> 01:22:18,960 been able to. See 112,000 people watching live 1522 01:22:18,960 --> 01:22:23,240 just to kind of give you guys an idea of how dead the mainstream 1523 01:22:23,240 --> 01:22:27,200 media is and how you are now. The media that is more views 1524 01:22:27,480 --> 01:22:34,640 than CNN or CNNBC or all these professional the news channels 1525 01:22:34,640 --> 01:22:39,280 gets on an average basis. This guy in a fucking like just 1526 01:22:39,280 --> 01:22:43,640 sunglasses talking about a GameStop like was getting is 1527 01:22:43,640 --> 01:22:47,160 getting more views right now. That's the same case with Tim 1528 01:22:47,160 --> 01:22:48,680 Poole. It's the same case with Joe 1529 01:22:48,680 --> 01:22:50,280 Rogan. It's the same case with Mr. 1530 01:22:50,280 --> 01:22:54,240 Beast, right? The Internet is now you are now 1531 01:22:54,240 --> 01:22:56,920 the mainstream media and on you it is you. 1532 01:22:57,120 --> 01:22:59,640 It is no longer CNN. It's no longer Fox News. 1533 01:22:59,640 --> 01:23:00,720 Anyways, I just want to say that. 1534 01:23:00,840 --> 01:23:02,280 Yeah, no, that was great. All right. 1535 01:23:02,280 --> 01:23:04,440 So before. Before, before I read the post 1536 01:23:04,440 --> 01:23:07,840 for the audio listeners, let's let's zoom in on on our Kitty 1537 01:23:08,160 --> 01:23:09,320 right here. I just. 1538 01:23:09,400 --> 01:23:11,640 Like do mad drugs. Like she's a billionaire and 1539 01:23:11,640 --> 01:23:13,840 he's like, let me just buy this fucking mansion. 1540 01:23:13,840 --> 01:23:17,120 Start fucking popping, Perkins. Incredible, incredible. 1541 01:23:17,120 --> 01:23:20,560 Well, on that main Marty bank, this guy's been on a three-year 1542 01:23:20,560 --> 01:23:22,520 long accent. Tree like he looks like he's 1543 01:23:22,560 --> 01:23:23,600 taking. Mad drugs. 1544 01:23:23,600 --> 01:23:25,600 Let's go on. Let's get Ghost of Women a 1545 01:23:25,600 --> 01:23:27,520 second one, because this is my queen. 1546 01:23:34,960 --> 01:23:40,400 Oh man, I'm reminded of the the quote that Elano he says. 1547 01:23:40,400 --> 01:23:43,480 You know, the the most likely outcome is the most hilarious 1548 01:23:43,480 --> 01:23:45,920 one. And man, this is absolutely 1549 01:23:45,920 --> 01:23:47,760 incredible. Absolutely incredible. 1550 01:23:47,760 --> 01:23:50,600 All right, guys, drop your meme review score in the chat as we 1551 01:23:50,600 --> 01:23:54,200 cover ours live. I completely forgot to get a 1552 01:23:54,200 --> 01:23:55,760 score. Sonika, you got to go first. 1553 01:23:56,520 --> 01:23:59,400 I'm going to give it this extremely fancy journal. 1554 01:24:01,560 --> 01:24:04,200 That's my score. Fancy journal. 1555 01:24:05,400 --> 01:24:07,000 Anyways, Opti, what would you give those memes? 1556 01:24:07,000 --> 01:24:11,560 OK. I I'm gonna give it these epic 1557 01:24:11,560 --> 01:24:13,720 Crocs that Nico is jealous of. I am. 1558 01:24:13,760 --> 01:24:15,600 Super jealous of those. Those. 1559 01:24:15,640 --> 01:24:18,600 Are so I would wear those every. I mean, I wear Crocs every day, 1560 01:24:18,600 --> 01:24:20,320 but I would wear those specific Crocs. 1561 01:24:20,360 --> 01:24:22,800 Well, the best part about this is I didn't actually buy them 1562 01:24:22,800 --> 01:24:24,240 and there were a gift, but they're lit. 1563 01:24:24,240 --> 01:24:27,200 Opti is Opti is stylish if you meet him in person. 1564 01:24:27,200 --> 01:24:30,160 I am. I'm black or white, so like I'm 1565 01:24:30,160 --> 01:24:32,400 either. If I'm at home comfortable I 1566 01:24:32,400 --> 01:24:35,000 look like a homeless dude if I'm out and about. 1567 01:24:35,000 --> 01:24:37,240 Miko literally looks like this every. 1568 01:24:37,240 --> 01:24:41,440 Day every every other dress 'cause I grew up in Miami so I 1569 01:24:41,440 --> 01:24:43,640 know how to dress. No, no, only Niko. 1570 01:24:43,640 --> 01:24:47,360 Only if it's like an important event will you dress well. 1571 01:24:47,360 --> 01:24:50,760 Every other time, Niko is in a hoodie, basketball shorts and 1572 01:24:50,760 --> 01:24:54,000 Crocs. OK, comfort over everything, 1573 01:24:54,000 --> 01:24:55,720 man. That's that's my life right now. 1574 01:24:56,120 --> 01:24:59,120 Anyways for? Anyone who's not for anyone 1575 01:24:59,120 --> 01:25:01,720 who's new to simply Bitcoin first of all, shout out to you, 1576 01:25:01,720 --> 01:25:06,040 bro hope hope you subscribe or gal appreciate it and if you're 1577 01:25:06,040 --> 01:25:09,440 new to the meme review, what you do is you drop your meme score 1578 01:25:09,440 --> 01:25:12,200 in the live chat and we'll read it loud on air. 1579 01:25:12,200 --> 01:25:16,280 All right, Opti, let's do this, OK? 1580 01:25:16,280 --> 01:25:19,920 Opti bastardo, poor son of poor of poor dad, Opti field. 1581 01:25:20,040 --> 01:25:23,040 Oh my God. Score Dad wants to get beers 1582 01:25:23,040 --> 01:25:25,760 this weekend and get to know your son. 1583 01:25:29,400 --> 01:25:34,040 All right, Soshi Satoshi meme score is a healthy dose of 1990s 1584 01:25:34,040 --> 01:25:36,400 dad rock to get this bull markets rolling alone. 1585 01:25:36,960 --> 01:25:39,280 Thank you. Yeah, that's 2002, I think. 1586 01:25:39,840 --> 01:25:43,360 Elaine, a meme is the truth. A meme can never lie. 1587 01:25:43,360 --> 01:25:45,720 If it does, it's not a meme, it's just an ad. 1588 01:25:47,120 --> 01:25:49,760 So true. SPI give the memes Nico's 1589 01:25:49,760 --> 01:25:51,640 passport by Foundation hardware wallet. 1590 01:25:51,640 --> 01:25:56,000 Yeah, absolutely this knock. Nobody should have the right to 1591 01:25:56,000 --> 01:25:58,160 print money that another man has to twerk for. 1592 01:26:02,280 --> 01:26:05,000 That is so funny. Robert Schmidt, a one year 1593 01:26:05,000 --> 01:26:07,080 subscription to Nancy Signal Group. 1594 01:26:07,120 --> 01:26:09,320 Oh man, it's, it's so great, so great. 1595 01:26:09,320 --> 01:26:11,040 So great. OK, I just killing it. 1596 01:26:11,200 --> 01:26:16,280 I OK, we got a few over on Rumble, shouts at the Idol 1597 01:26:16,280 --> 01:26:18,160 thread. He goes meme score Rory. 1598 01:26:19,040 --> 01:26:23,280 Oh man, Roaring Kitty's monthly subscription for Bum Bum 1599 01:26:23,280 --> 01:26:26,680 renewed. OK tacos score anything but 1600 01:26:26,680 --> 01:26:28,480 Creed please. Not like this. 1601 01:26:28,480 --> 01:26:30,560 Not like this. Oh, man. 1602 01:26:30,560 --> 01:26:32,920 All right. Well, guys, thank you so much 1603 01:26:32,920 --> 01:26:35,800 for tuning into somebody. Honestly I'm going to do a hot 1604 01:26:35,800 --> 01:26:38,920 take here. Not a fan of Creed at all. 1605 01:26:39,640 --> 01:26:41,560 But hey, you don't. You don't want them to take you 1606 01:26:41,560 --> 01:26:43,080 higher. I do want them to take us 1607 01:26:43,080 --> 01:26:47,160 higher, but I, I do have two last things I want to say, Nico. 1608 01:26:47,920 --> 01:26:51,240 First off, the Oilers are going to be the Panthers. 1609 01:26:51,440 --> 01:26:56,440 They're America's team now We have, we have, we have 1610 01:26:56,440 --> 01:27:01,400 confidence Canadians, they are American now we we have taken 1611 01:27:01,400 --> 01:27:04,360 them. We have, yeah, we have a SERP, 1612 01:27:04,400 --> 01:27:06,520 the Canadian team and they're America's team. 1613 01:27:06,520 --> 01:27:09,960 Now I'm wearing the hat 'cause I lost the bet to the Bitcoin. 1614 01:27:09,960 --> 01:27:11,760 Well, guys. A little bit a little bit of 1615 01:27:11,760 --> 01:27:14,000 context because this is absolutely hilarious. 1616 01:27:14,000 --> 01:27:19,000 So first of all, like the Panther Stadium was like 20 1617 01:27:19,000 --> 01:27:20,840 minutes away from my house. Like it's super close. 1618 01:27:21,800 --> 01:27:24,200 Like like I always knew that Florida had a hockey team, but 1619 01:27:24,200 --> 01:27:27,800 like I didn't care about hockey. And then we hang out with the 1620 01:27:27,800 --> 01:27:31,240 awesome guys over at Bitcoin. Well, incredible team and of 1621 01:27:31,240 --> 01:27:34,120 course, you know they're from they're from Canada and Canada 1622 01:27:34,120 --> 01:27:38,720 is super, super like it's the sport in like it's the sport, 1623 01:27:38,720 --> 01:27:41,360 right. And we saw a hockey game and it 1624 01:27:41,360 --> 01:27:44,360 was fucking awesome. Now I'm a huge hockey fan, but 1625 01:27:44,360 --> 01:27:47,960 what are the chances that the Oilers, which is the Bitcoin 1626 01:27:47,960 --> 01:27:51,440 well team because they're from Edmonton, go against the 1627 01:27:51,440 --> 01:27:53,840 Panthers, which is obviously like the Miami team 'cause 1628 01:27:53,840 --> 01:27:56,240 that's what's close by. Those are the two teams in the 1629 01:27:56,240 --> 01:27:57,680 finals. What are the probability of 1630 01:27:57,680 --> 01:28:00,200 that? Not very high, which I find 1631 01:28:00,440 --> 01:28:03,760 absolutely hilarious and of course, Opti lost the bet, which 1632 01:28:03,760 --> 01:28:05,840 is why he's willing wearing the Oilers hat. 1633 01:28:06,040 --> 01:28:08,880 I gotta say though, like you know, I love the Panthers go 1634 01:28:08,880 --> 01:28:11,480 Panthers right and there's palm trees and stuff, but like the 1635 01:28:11,480 --> 01:28:13,720 Oilers brand is badass. I think it's. 1636 01:28:13,720 --> 01:28:14,480 Pretty cool. No? 1637 01:28:14,560 --> 01:28:17,920 No go stars, go stars. What are the colors for the 1638 01:28:17,920 --> 01:28:20,640 stars? It's green, Black. 1639 01:28:20,920 --> 01:28:21,720 Yeah. Go Stars. 1640 01:28:22,080 --> 01:28:23,080 I don't like that's green, that's. 1641 01:28:23,480 --> 01:28:27,240 Go stars, let's pull the Oilers. Orange bro. 1642 01:28:27,600 --> 01:28:29,800 It's there's there's orange in the in the face. 1643 01:28:30,080 --> 01:28:35,600 And the last thing I wanted to say today is go subscribe, go 1644 01:28:35,640 --> 01:28:37,960 check out simplybitcoin.substack.com. 1645 01:28:37,960 --> 01:28:41,200 We're dropping fire our our rider. 4000 subscribers No. 1646 01:28:41,200 --> 01:28:43,120 Yeah. We, we wanted to push that 1647 01:28:43,120 --> 01:28:45,240 today. We're going to do, I believe 1648 01:28:45,240 --> 01:28:48,160 this next week we're going to do kind of like a greatest hits of 1649 01:28:48,240 --> 01:28:50,360 all, all the written stuff. We're going to put it into one 1650 01:28:50,360 --> 01:28:52,040 for you so you don't have to search for everything. 1651 01:28:52,280 --> 01:28:54,400 But yeah, go check out our sub stack guys. 1652 01:28:54,400 --> 01:28:56,600 We drop you. It's it's kind of becoming a 1653 01:28:56,760 --> 01:29:02,200 running narrative every Monday of kind of like our our in house 1654 01:29:02,200 --> 01:29:06,400 rider of what he's seeing and different takes on what's going 1655 01:29:06,400 --> 01:29:07,000 on. So go to 1656 01:29:07,000 --> 01:29:10,080 simplybitcoin.substack.com and. It'll simply Bitcoin dot news 1657 01:29:10,080 --> 01:29:11,520 and it'll. Take Oh yeah, simply Bitcoin dot 1658 01:29:11,520 --> 01:29:15,120 news OK. And the last thing is guys, eat 1659 01:29:15,120 --> 01:29:18,880 some good food, get outside, enjoy, enjoy, enjoy. 1660 01:29:18,880 --> 01:29:21,080 Take a walk. Yeah, get, you know, get a 1661 01:29:21,080 --> 01:29:23,400 little exercise in hang out with your friends and family. 1662 01:29:23,640 --> 01:29:25,720 You know, the person you're yelling at on Twitter will be 1663 01:29:25,720 --> 01:29:29,040 back when you come back. So get outside, touch some 1664 01:29:29,040 --> 01:29:31,080 grass. Really appreciate you guys. 1665 01:29:31,080 --> 01:29:32,440 We love you. We'll see you on Monday. 1666 01:29:32,520 --> 01:29:35,720 Absolutely guys, thank you so much for tuning in this week and 1667 01:29:36,000 --> 01:29:39,480 make another another week historic week in Simply Bitcoins 1668 01:29:39,480 --> 01:29:41,640 history. Appreciate all you guys. 1669 01:29:41,800 --> 01:29:44,280 This is your episode for June 7th, 2024. 1670 01:29:44,640 --> 01:29:46,920 I'm your host Nico. As my legendary Co host Optimus 1671 01:29:46,920 --> 01:29:49,200 feels we're Simply Bitcoin. Have an amazing weekend 1672 01:29:49,200 --> 01:29:51,800 everybody, and we'll see you Monday for the Monday show of 1673 01:29:51,800 --> 01:29:56,440 Simply Bitcoin Live Peace Out. This episode was brought to you 1674 01:29:56,440 --> 01:30:00,560 by bitcoinwell.com on a mission to enable independence.