1 00:00:02,720 --> 00:00:06,860 It's all going to zero against Bitcoin. It's 2 00:00:06,860 --> 00:00:16,740 going to forever. You're against Bitcoin. You're 3 00:00:16,740 --> 00:00:23,760 against freedom. Yo, welcome to Simply Bitcoin, 4 00:00:23,960 --> 00:00:25,720 we are number one source for the peaceful Bitcoin 5 00:00:25,720 --> 00:00:27,980 Revolution, breaking news culture, matter, warfare. We 6 00:00:27,980 --> 00:00:30,520 will be your guide through the separation of money and 7 00:00:30,520 --> 00:00:33,300 states. Welcome to Simply Bitcoin live the 8 00:00:33,300 --> 00:00:36,860 number one watched daily Bitcoin only live show on 9 00:00:36,860 --> 00:00:40,200 YouTube, rumble and X breaking news. Bitcoin 10 00:00:40,200 --> 00:00:42,900 privacy developers specifically the developers 11 00:00:42,900 --> 00:00:46,220 of the samurai wallet have been arrested and charged 12 00:00:46,220 --> 00:00:49,020 with money laundering. There's 13 00:00:49,020 --> 00:00:51,080 been a tremendous amount of infighting within the 14 00:00:51,080 --> 00:00:53,900 Bitcoin community. We're going to be really like 15 00:00:53,900 --> 00:00:57,100 like like like a year, maybe even more than that 16 00:00:57,100 --> 00:00:59,280 specific Bitcoin. I'm not going to name any 17 00:00:59,280 --> 00:01:02,240 names, but specific Bitcoin companies are attacked 18 00:01:02,240 --> 00:01:05,099 because of certain business decisions that they make. 19 00:01:05,600 --> 00:01:07,140 Or in reality, what is 20 00:01:07,140 --> 00:01:09,920 happening is that this is the separation of money and 21 00:01:09,920 --> 00:01:13,580 state after all, we have to understand what we're up 22 00:01:13,580 --> 00:01:16,760 against the behemoth that we're up against. And 23 00:01:16,760 --> 00:01:18,740 this is something that we've been covering for 24 00:01:18,740 --> 00:01:24,400 over a year now. When they charged the developer 25 00:01:24,400 --> 00:01:29,620 of tornado cash with a very similar crime, and 26 00:01:29,620 --> 00:01:33,280 they used the strawman argument of North Korea. 27 00:01:33,900 --> 00:01:36,140 And, you know, they're using 28 00:01:36,140 --> 00:01:39,380 tornado cash developers were using, you know, people 29 00:01:39,380 --> 00:01:43,600 were using tornado cash as a way to circumvent, you 30 00:01:43,600 --> 00:01:46,800 know, the US kind of US sanctions and money 31 00:01:46,800 --> 00:01:49,880 laundering laws and all that stuff. We 32 00:01:49,880 --> 00:01:53,340 made the case that that set the precedent. And 33 00:01:53,340 --> 00:01:56,060 that was the first time in US history that an open 34 00:01:56,060 --> 00:01:59,520 source software was sanctioned. We 35 00:01:59,520 --> 00:02:02,260 theorized back then that this was eventually going 36 00:02:02,260 --> 00:02:05,640 to be used against Bitcoin. Bitcoin 37 00:02:05,640 --> 00:02:08,100 is an open source software at the end of the day. 38 00:02:08,500 --> 00:02:10,460 Well, fast forward a year later, 39 00:02:10,620 --> 00:02:14,680 the same day that Biden announced this crazy capital 40 00:02:14,680 --> 00:02:18,620 gains tax. And also an unrealized gains 41 00:02:18,620 --> 00:02:21,140 tax. There's no conspiracies, but there's 42 00:02:21,140 --> 00:02:24,720 also no coincidences the same day that the 43 00:02:24,720 --> 00:02:28,640 developers of the samurai wallet were arrested in 44 00:02:28,640 --> 00:02:32,700 Portugal. This is the separation of money 45 00:02:32,700 --> 00:02:36,560 and state. This is no joking matter. And 46 00:02:36,560 --> 00:02:39,080 the question that I have for you guys is what type 47 00:02:39,080 --> 00:02:42,380 of future do you want your children to live in? Do 48 00:02:42,380 --> 00:02:44,240 you want your children to live in a future of 49 00:02:44,240 --> 00:02:46,660 slavery? Or do you want your children 50 00:02:46,660 --> 00:02:49,740 to live in a future of freedom? Because 51 00:02:49,740 --> 00:02:55,500 that is essentially what's at stake. Make 52 00:02:55,500 --> 00:02:59,480 no mistake. They're not going to stop at 53 00:02:59,480 --> 00:03:01,960 samurai. They're not going to stop at 54 00:03:01,960 --> 00:03:07,040 privacy tools. The next step is self custody. 55 00:03:07,360 --> 00:03:10,900 They're going to go after it. So 56 00:03:10,900 --> 00:03:14,160 what can you do as an individual get involved, 57 00:03:14,340 --> 00:03:17,600 make your voice heard? The Internet hasn't powered you. 58 00:03:17,760 --> 00:03:18,860 It's given you leverage is 59 00:03:18,860 --> 00:03:24,440 giving you the ability to speak up and say something, 60 00:03:24,640 --> 00:03:28,740 comment when you see these types of tyrannical moves 61 00:03:28,740 --> 00:03:33,880 by the state. And keep in mind the DOJ press 62 00:03:33,880 --> 00:03:38,280 conference is the press release. It 63 00:03:38,288 --> 00:03:44,400 says that these very, very strong words and these 64 00:03:44,400 --> 00:03:46,700 convincing words, but you have to keep in mind that 65 00:03:46,700 --> 00:03:49,400 the vast majority of people that were using the samurai 66 00:03:49,400 --> 00:03:56,880 services for privacy, 95 % were innocent people. Very 67 00:03:56,880 --> 00:04:00,120 similar to what happened with tornado cash, but it's 68 00:04:00,120 --> 00:04:02,780 just interesting how they didn't go straight for the 69 00:04:02,780 --> 00:04:05,040 jugular first. They kind of did this slow 70 00:04:05,040 --> 00:04:10,360 creep, so to speak. They started with this tornado 71 00:04:10,360 --> 00:04:12,080 cash. No one was really using it. 72 00:04:12,280 --> 00:04:14,540 It was on an altcoin and then 73 00:04:14,540 --> 00:04:16,660 they eventually migrated to Bitcoin, which is something 74 00:04:16,660 --> 00:04:19,120 that we predicted was going to happen because it's 75 00:04:19,120 --> 00:04:20,680 obvious. Once you understand the 76 00:04:20,680 --> 00:04:23,020 incentives, once you understand the game theory 77 00:04:23,020 --> 00:04:25,600 and once you understand what is happening, what is 78 00:04:25,600 --> 00:04:29,520 what moment in history we're living through. This 79 00:04:29,520 --> 00:04:32,660 is the disintermediation of information and a 80 00:04:32,660 --> 00:04:35,460 disintermediation of money. And 81 00:04:35,460 --> 00:04:38,480 the powers that be that benefited from controlling 82 00:04:38,480 --> 00:04:41,560 information and controlling money are going to do 83 00:04:41,560 --> 00:04:43,840 everything in their power. They're 84 00:04:43,840 --> 00:04:47,200 going to move it up right as close to the line as 85 00:04:47,200 --> 00:04:50,780 possible in order to stop those things, even though 86 00:04:50,780 --> 00:04:53,020 they can't stop it, but they can definitely make 87 00:04:53,020 --> 00:04:57,480 the lives of people trying to reach or trying to 88 00:04:57,480 --> 00:05:00,780 attain some type of sovereignty very difficult. 89 00:05:02,920 --> 00:05:04,720 And unlike the French 90 00:05:04,720 --> 00:05:06,780 Revolution, unlike the separation of church and 91 00:05:06,780 --> 00:05:09,300 state, I don't think this is going to be as bloody, 92 00:05:09,800 --> 00:05:11,860 but at the end of the day it is a revolution. This 93 00:05:11,860 --> 00:05:14,580 is the separation of money and state. And 94 00:05:14,580 --> 00:05:19,880 there are going to be casualties in this fight. 95 00:05:19,880 --> 00:05:22,880 And the tornado cash developers, 96 00:05:23,400 --> 00:05:25,260 a lot of people have criticized them for doing 97 00:05:25,260 --> 00:05:28,880 certain things and you can criticize their actions. You 98 00:05:28,880 --> 00:05:34,940 can criticize their flaws as human beings, but really 99 00:05:34,940 --> 00:05:39,400 kind of internalize and ask yourself, what side are you 100 00:05:39,400 --> 00:05:42,840 on? And ask yourself another 101 00:05:42,840 --> 00:05:48,520 question is, are the people that are charging these 102 00:05:48,520 --> 00:05:53,280 developers not guilty of the same crime that they're 103 00:05:53,280 --> 00:05:56,800 charging these developers with? Because 104 00:05:56,800 --> 00:05:58,860 in reality, what they were doing is they were trying 105 00:05:58,860 --> 00:06:02,420 to send a message and say, you are in a different 106 00:06:02,420 --> 00:06:07,360 class than I am. We can do those things, but 107 00:06:07,360 --> 00:06:10,660 you cannot. If you're an approved bank, 108 00:06:11,020 --> 00:06:13,920 we'll slap you with the fine. If 109 00:06:13,920 --> 00:06:16,760 you're an open source developer on a protocol of 110 00:06:16,760 --> 00:06:20,060 which we can't control money we can't control, you 111 00:06:20,060 --> 00:06:22,960 go to prison for 20 years. Remember 112 00:06:22,960 --> 00:06:26,640 Ross, remember Julian Assange. This 113 00:06:26,640 --> 00:06:30,260 is what's happening. So instead of infighting, get 114 00:06:30,260 --> 00:06:33,080 involved, we're stronger together than we are 115 00:06:33,080 --> 00:06:36,020 separate. And just because there are 116 00:06:36,020 --> 00:06:40,880 months that nothing happens and things are all quiet 117 00:06:40,880 --> 00:06:43,940 on the western front, so to speak, that doesn't mean 118 00:06:43,940 --> 00:06:46,160 that there aren't things happening in the background. 119 00:06:46,340 --> 00:06:48,820 And we try to keep you guys 120 00:06:48,820 --> 00:06:53,120 informed with what's going on in the political sphere 121 00:06:53,120 --> 00:06:56,900 and the regulatory sphere, but make no mistake, the 122 00:06:56,900 --> 00:07:00,920 current administration is extremely hostile towards 123 00:07:00,920 --> 00:07:03,820 Bitcoin. There's currently a bill in the 124 00:07:03,820 --> 00:07:06,740 Senate in the United States that would be a de facto 125 00:07:06,740 --> 00:07:10,220 ban, not my words, Pierre Richard's words, a de facto 126 00:07:10,220 --> 00:07:12,380 ban on the Bitcoin mining industry in the United 127 00:07:12,380 --> 00:07:16,400 States. And it would also be an attack 128 00:07:16,400 --> 00:07:20,180 on self custody. As governments get more and 129 00:07:20,180 --> 00:07:23,000 more desperate, as they get more pushed into a corner, 130 00:07:23,020 --> 00:07:25,860 as more people choose to opt out and use alternative 131 00:07:25,860 --> 00:07:29,860 money, what do you think is going to happen? These 132 00:07:29,860 --> 00:07:33,400 types of things happen. So I hope this serves as a 133 00:07:33,400 --> 00:07:37,200 wake up call to a lot of people. In 134 00:07:37,200 --> 00:07:40,520 the sense of really paying attention to what's actually 135 00:07:40,520 --> 00:07:42,920 important. You know, if one of your 136 00:07:42,920 --> 00:07:45,100 Bitcoin companies is promoting something on 137 00:07:45,100 --> 00:07:48,960 Bitcoin that you don't like or don't agree with, you 138 00:07:48,960 --> 00:07:51,600 have to understand that there is like a cage tiger 139 00:07:51,600 --> 00:07:55,100 that metaphorically wants to kill you. And 140 00:07:55,100 --> 00:07:58,320 you're paying attention to someone on your side that 141 00:07:58,320 --> 00:08:00,800 you disagree with and it's OK to disagree. It's 142 00:08:00,800 --> 00:08:03,860 good to disagree. But at the same time, like, 143 00:08:03,900 --> 00:08:06,740 like these purity tests, man, because that's 144 00:08:06,740 --> 00:08:09,880 essentially what they are, their purity tests. I 145 00:08:09,880 --> 00:08:13,260 think there are really a distraction to the task at 146 00:08:13,260 --> 00:08:15,900 hand. And the task is we want to 147 00:08:15,900 --> 00:08:18,960 separate money from state and we really believe that 148 00:08:18,960 --> 00:08:23,239 society will be a much better place for it. And 149 00:08:23,239 --> 00:08:26,760 one of the most powerful bureaucracies on the face 150 00:08:26,760 --> 00:08:31,400 of the planet, they employ 11 million people vehemently 151 00:08:31,400 --> 00:08:37,320 dislikes this thing. Bitcoin goes right to the source 152 00:08:37,320 --> 00:08:40,059 of their power, which is the ability to create money 153 00:08:40,059 --> 00:08:43,100 for free that everyone else has to work for. So 154 00:08:43,100 --> 00:08:46,000 I hope this serves as a wake up call to everyone 155 00:08:46,000 --> 00:08:50,540 watching and everyone that listens to this on who are 156 00:08:50,540 --> 00:08:54,160 a real opponent is. And again, this is a peaceful 157 00:08:54,160 --> 00:08:57,300 revolution. Make your voices heard. This 158 00:08:57,300 --> 00:08:59,940 is the awesome part about living in the US in the 159 00:08:59,940 --> 00:09:01,900 sense that we have the First Amendment. We 160 00:09:01,900 --> 00:09:05,340 have the ability to speak up and make our voices 161 00:09:05,340 --> 00:09:07,760 heard. You have the right to do so. 162 00:09:07,760 --> 00:09:10,120 So make your voices heard 163 00:09:10,120 --> 00:09:13,600 because what happened yesterday was an absolute 164 00:09:13,600 --> 00:09:16,080 disgrace. But if you guys have been 165 00:09:16,080 --> 00:09:19,400 tuning into Simply Bitcoin, it should not come as a 166 00:09:19,400 --> 00:09:21,980 surprise to you whatsoever. Anyways, 167 00:09:22,120 --> 00:09:23,700 it's going to be a great show. I 168 00:09:23,700 --> 00:09:25,740 do want to have my legendary co -host who is 169 00:09:25,740 --> 00:09:27,300 always optimistic. I don't know if he's 170 00:09:27,300 --> 00:09:29,120 optimistic today. He might be Nihilist Fields 171 00:09:29,120 --> 00:09:32,440 today, but I'm still optimistic, man. This 172 00:09:32,440 --> 00:09:35,200 this just proves that we're winning super hard and they 173 00:09:35,200 --> 00:09:37,760 got to shut us down. How could you not be more 174 00:09:37,760 --> 00:09:39,240 optimistic? But on that note, you know, 175 00:09:39,260 --> 00:09:41,880 free samurai. This is absolutely horrible and 176 00:09:41,880 --> 00:09:44,300 straight up fucked. And you know, I know we're in 177 00:09:44,300 --> 00:09:45,600 YouTube and trying to out the cuss and all that 178 00:09:45,600 --> 00:09:48,360 stuff, but it's really it really does feel when we're 179 00:09:48,360 --> 00:09:49,800 talking with our guests before the show. It 180 00:09:49,800 --> 00:09:51,880 really feels like one of those before and after 181 00:09:51,880 --> 00:09:54,380 moments. And this is huge. This 182 00:09:54,380 --> 00:09:57,440 is absolutely huge for not only the samurai crew, but 183 00:09:57,440 --> 00:10:00,460 also for Bitcoin in general and privacy at large. So 184 00:10:00,460 --> 00:10:03,160 I don't think we should take this lightly. And 185 00:10:03,160 --> 00:10:05,280 this is this is a very important fight moving 186 00:10:05,280 --> 00:10:07,500 forward. And I mean, like we said, you 187 00:10:07,500 --> 00:10:09,580 know, we saw this one coming for a while. So 188 00:10:09,580 --> 00:10:12,760 I think this may have happened a little faster 189 00:10:12,760 --> 00:10:14,000 than we thought it would. But 190 00:10:14,000 --> 00:10:16,200 hey, we knew that this was eventually going to happen. 191 00:10:16,380 --> 00:10:18,040 So on that note, you know, 192 00:10:18,120 --> 00:10:19,980 hashtag free samurai. Let's bring in our guests. So 193 00:10:19,980 --> 00:10:23,360 we got Eric and Andy from Bitcoin or talent co. So 194 00:10:23,360 --> 00:10:27,320 good to have you guys. A crazy morning, you know, 195 00:10:27,360 --> 00:10:30,480 crazy day. But hey, how you guys do and 196 00:10:30,480 --> 00:10:32,840 what's up with you guys? Otherwise 197 00:10:32,840 --> 00:10:34,480 doing well. Yeah. No, we were chatting a bit 198 00:10:34,480 --> 00:10:37,040 before the show. It's you said it perfectly. I'm 199 00:10:37,040 --> 00:10:39,660 very much before and after seminal type moment. Right. 200 00:10:40,240 --> 00:10:42,460 We saw tornado cash. We saw other things happen, 201 00:10:42,560 --> 00:10:44,580 but this one just feels I don't know why, but it 202 00:10:44,580 --> 00:10:46,200 feels a little closer to home. Right. 203 00:10:46,340 --> 00:10:48,920 It's, it's, yeah, it's hard not to think of anything 204 00:10:48,920 --> 00:10:51,940 else at this point. Right. And for me, I'm in 205 00:10:51,940 --> 00:10:54,980 Pennsylvania right now. This is my hometown. And 206 00:10:54,980 --> 00:10:58,620 knowing that Keon, one of the founders of samurai 207 00:10:58,620 --> 00:11:02,460 wallet is in custody in Pennsylvania. Kind 208 00:11:02,460 --> 00:11:04,540 of makes me angry, to be honest. And 209 00:11:04,540 --> 00:11:08,420 I'm going to do what I can with my contacts to 210 00:11:08,420 --> 00:11:11,600 make sure that he gets out all right because he is a 211 00:11:11,600 --> 00:11:13,440 freedom fighter, in my opinion. And 212 00:11:13,440 --> 00:11:17,280 I will fight for freedom until the day I die. 100 % 213 00:11:17,280 --> 00:11:19,960 100%. And I think, I think people 214 00:11:19,960 --> 00:11:23,000 have to be just aware and conscious of what's going 215 00:11:23,000 --> 00:11:24,900 on. It number go up, feels good. 216 00:11:25,220 --> 00:11:27,240 You get wealthier, but you 217 00:11:27,240 --> 00:11:28,660 know, we're here simply. Bitcoin 218 00:11:28,660 --> 00:11:30,260 is here for the revolution. We 219 00:11:30,260 --> 00:11:32,620 want the separation of money and state. Of 220 00:11:32,620 --> 00:11:34,980 course, you know, it's an NGU technology number goes 221 00:11:34,980 --> 00:11:37,280 up in the process that creates the incentive to 222 00:11:37,280 --> 00:11:40,200 bring more people in to highlight the fact, the, 223 00:11:40,200 --> 00:11:43,300 you know, the scam that is fiat money. But 224 00:11:43,300 --> 00:11:44,880 this is what it's all about. And 225 00:11:44,880 --> 00:11:47,940 remember, the way that you partake in the separation 226 00:11:47,940 --> 00:11:50,160 of money and state really doesn't take a lot of 227 00:11:50,160 --> 00:11:52,020 effort. All you got to do is you buy 228 00:11:52,020 --> 00:11:54,820 Bitcoin, mine Bitcoin, earn Bitcoin and take that 229 00:11:54,820 --> 00:11:56,600 Bitcoin into self custody. That's 230 00:11:56,600 --> 00:11:59,220 all you got to do. Like if enough people, if enough 231 00:11:59,220 --> 00:12:02,340 people do that, we win by default. And 232 00:12:02,340 --> 00:12:04,200 there's absolutely nothing they could do about it. 233 00:12:04,200 --> 00:12:06,060 This is their kind of last 234 00:12:06,060 --> 00:12:11,420 throws, you know, to try to implement the existing 235 00:12:11,420 --> 00:12:15,180 system on top of the Bitcoin system. Anyways, 236 00:12:15,300 --> 00:12:17,740 before we jump into the show, I do want to give a 237 00:12:17,740 --> 00:12:20,280 very special shout out to the Bitcoin company that 238 00:12:20,280 --> 00:12:22,240 powers this show. And of course, I'm talking 239 00:12:22,240 --> 00:12:24,240 about Bitcoin. Well, Bitcoin was the best place 240 00:12:24,240 --> 00:12:27,400 to build your automatic self custody Bitcoin stack. 241 00:12:27,560 --> 00:12:28,660 It's a publicly traded company 242 00:12:28,660 --> 00:12:31,940 coming out of Canada that is self custody by default, 243 00:12:32,120 --> 00:12:33,440 future proof your money. They 244 00:12:33,440 --> 00:12:37,200 recently expanded to all 50 US states. Go 245 00:12:37,200 --> 00:12:41,660 to Bitcoin .Well .com slash simply sign up and support 246 00:12:41,660 --> 00:12:44,780 self custody Bitcoin platforms. What 247 00:12:44,780 --> 00:12:46,520 does that mean? That means that when you buy 248 00:12:46,520 --> 00:12:50,220 Bitcoin on Bitcoin, well, you take self custody. They 249 00:12:50,220 --> 00:12:52,340 don't allow you just to leave your Bitcoin on the 250 00:12:52,340 --> 00:12:54,860 platform, right? And self custody after all the 251 00:12:54,860 --> 00:12:56,860 revolution. Check out their brand new site. 252 00:12:57,060 --> 00:12:58,660 Go to Bitcoin .Well .com slash 253 00:12:58,660 --> 00:13:00,960 simply buy real Bitcoin. All 254 00:13:00,960 --> 00:13:03,560 you got to do is you put in your email address here, 255 00:13:03,560 --> 00:13:06,360 you get started, you go through the process, you 256 00:13:06,360 --> 00:13:10,100 sign up and it allows you to start stacking sats 257 00:13:10,100 --> 00:13:14,120 incredibly quickly. Enable your independence with the 258 00:13:14,120 --> 00:13:17,340 fastest and safest way to buy Bitcoin in Canada in 259 00:13:17,340 --> 00:13:18,780 the US. And the reason that it's the 260 00:13:18,780 --> 00:13:21,540 safest again, it's self custody by default when you 261 00:13:21,540 --> 00:13:22,840 buy Bitcoin on Bitcoin. Well, 262 00:13:23,120 --> 00:13:26,180 as soon as you purchase it and your your transaction 263 00:13:26,180 --> 00:13:30,100 clears and your bank, you know, it withdraws directly 264 00:13:30,100 --> 00:13:32,160 to your wallet. So go to Bitcoin .Well .com 265 00:13:32,160 --> 00:13:35,180 slash simply today. All right, everybody, let's get 266 00:13:35,180 --> 00:13:36,620 some numbers. We have a lot to talk about. 267 00:13:36,760 --> 00:13:39,660 Let's check it out. The 268 00:13:39,660 --> 00:13:43,000 Bitcoin numbers is your Bitcoin and cold storage 269 00:13:43,000 --> 00:13:46,060 really secure. Is your seed phrase really 270 00:13:46,060 --> 00:13:48,660 secure? Stamp seeds do it yourself. Kit 271 00:13:48,660 --> 00:13:52,100 has everything you need to hammer your seed words into 272 00:13:52,100 --> 00:13:55,700 commercial grade titanium plates instead of just 273 00:13:55,700 --> 00:13:57,700 writing them on paper. Don't 274 00:13:57,700 --> 00:14:01,020 store your generational wealth on paper. Paper 275 00:14:01,020 --> 00:14:03,800 is prone to water damage, fire damage. You 276 00:14:03,800 --> 00:14:05,720 want to put your generational wealth on one 277 00:14:05,720 --> 00:14:09,120 of the strongest metals on planet Earth titanium. Your 278 00:14:09,120 --> 00:14:11,860 words are actually stamped into this metal plate with 279 00:14:11,860 --> 00:14:14,140 this hammer and these letter stamps. And 280 00:14:14,140 --> 00:14:16,380 once your words are in, they aren't going anywhere. 281 00:14:16,760 --> 00:14:18,400 No risk of the plate breaking 282 00:14:18,400 --> 00:14:21,700 apart and pieces falling everywhere. Titanium 283 00:14:21,700 --> 00:14:24,260 stamp seeds will survive nearly triple the heat 284 00:14:24,260 --> 00:14:25,840 produced by a house fire. They're 285 00:14:25,840 --> 00:14:28,420 also crush proof, waterproof, non corrosive 286 00:14:28,420 --> 00:14:30,980 and time proof. All things that paper is not 287 00:14:30,980 --> 00:14:33,540 allowing you to huddle your Bitcoin with peace of mind 288 00:14:33,540 --> 00:14:37,640 for the long haul. Stamp your seed on stamp seed. 289 00:14:38,140 --> 00:14:39,760 All right, everybody, scan the 290 00:14:39,760 --> 00:14:42,500 QR code right now. It'll take you directly to the 291 00:14:42,500 --> 00:14:44,640 stamp seed website where you can get yourself a 292 00:14:44,640 --> 00:14:48,500 stamp seed seed phrase storage kit stamp your seed 293 00:14:48,500 --> 00:14:51,760 on titanium and you can use promo code simply to 294 00:14:51,760 --> 00:14:54,840 get 15 % off anything on their website. At 295 00:14:54,840 --> 00:14:58,200 the time of recording the Bitcoin price is 65 ,250 296 00:14:58,200 --> 00:15:04,240 sats per dollar $1 ,533 market cap 1 .28 trillion, 297 00:15:04,620 --> 00:15:10,060 declined from all time high 11 .5 % block height. 840 298 00:15:10,060 --> 00:15:15,780 ,670 having estimate March 16, 2028 realized monetary 299 00:15:15,780 --> 00:15:21,060 inflation 1 .72 % forward monetary inflation 0 .85 % 300 00:15:21,060 --> 00:15:22,260 you want. You guys want to know why 301 00:15:22,260 --> 00:15:25,520 governments dislike Bitcoin tremendously. There's 302 00:15:25,520 --> 00:15:28,640 the reason it exposes the scam that is fiat money. 303 00:15:28,640 --> 00:15:31,140 Annual mining revenue 14 .2 billion 304 00:15:31,140 --> 00:15:39,420 current Bitcoin supply 19 ,689 ,377 .37 Bitcoin Bitcoin 305 00:15:39,420 --> 00:15:43,660 price in gold 27 .6 ounces and the Bitcoin verse gold 306 00:15:43,660 --> 00:15:47,520 market cap 7 .9 % we're just getting started. 307 00:15:47,520 --> 00:15:50,780 Anyways, before we go into kind of 308 00:15:50,780 --> 00:15:53,040 like that, I don't want to say gloomy, but the before 309 00:15:53,040 --> 00:15:56,980 we get into the samurai news, I do want to play 310 00:15:56,980 --> 00:15:59,780 this video so we can all kind of react to it. This 311 00:15:59,780 --> 00:16:04,240 was American HODL at the cheat code event that Peter 312 00:16:04,240 --> 00:16:08,340 McCormack held in Bedford, I believe, and he had this 313 00:16:08,340 --> 00:16:11,100 epic ass speech. It's about two minutes and 39 314 00:16:11,100 --> 00:16:14,220 minutes. Sorry, two minutes and 39 seconds. 315 00:16:14,540 --> 00:16:15,640 We'll play it and then we'll 316 00:16:15,640 --> 00:16:17,020 talk about it. Let's check it out. That's 317 00:16:17,020 --> 00:16:19,860 the sort of conviction that I have about this thing is 318 00:16:19,860 --> 00:16:22,100 that it really is nothing. I 319 00:16:22,100 --> 00:16:24,780 am all in on Bitcoin. I don't have I'm 100 % in 320 00:16:24,780 --> 00:16:27,140 net worth invested. I don't have another way out. 321 00:16:27,380 --> 00:16:28,540 I don't have a backup plan, 322 00:16:28,740 --> 00:16:31,580 you know, and the more conviction I find and the 323 00:16:31,580 --> 00:16:34,720 more I go in, you know, seemingly the better my 324 00:16:34,720 --> 00:16:37,480 life gets right. The systems that we find 325 00:16:37,480 --> 00:16:40,100 ourselves ensnared in today, this invisible slave system, 326 00:16:40,100 --> 00:16:43,220 whose only justification for existence is to steal our 327 00:16:43,220 --> 00:16:44,400 time. I think we know that, right? 328 00:16:44,500 --> 00:16:45,560 Like that all of our politicians 329 00:16:45,560 --> 00:16:47,200 are basically stealing everything that isn't nailed 330 00:16:47,200 --> 00:16:48,600 down. It doesn't matter if you're in 331 00:16:48,600 --> 00:16:50,940 the UK or in America. It's happening everywhere. It's 332 00:16:50,940 --> 00:16:53,220 a global phenomenon. It's a global phenomenon because 333 00:16:53,220 --> 00:16:55,200 of fiat currency, by the way. But 334 00:16:55,200 --> 00:16:56,840 it only ends when we have the ability to fight back 335 00:16:56,840 --> 00:16:59,780 and Bitcoin has given us that ability. Basically, 336 00:16:59,840 --> 00:17:02,200 they encroach and we relent. So 337 00:17:02,200 --> 00:17:04,760 they encroach further and we relent further and we 338 00:17:04,760 --> 00:17:08,020 keep giving up our freedoms for what? What 339 00:17:08,020 --> 00:17:10,420 are we getting for it? And meanwhile, most of us are 340 00:17:10,420 --> 00:17:12,220 hand waving in a way saying it's not happening. 341 00:17:12,560 --> 00:17:13,460 And we're concerning ourselves 342 00:17:13,460 --> 00:17:16,540 with what's going on in the drama at our local pub 343 00:17:16,540 --> 00:17:19,640 or what's happening with the princess or the game 344 00:17:19,640 --> 00:17:22,900 or whatever. It doesn't matter. You 345 00:17:22,900 --> 00:17:24,760 know, the only thing that matters is that we protect 346 00:17:24,760 --> 00:17:27,119 ourselves from the people that are every day all day 347 00:17:27,119 --> 00:17:30,160 long trying to steal from us. The 348 00:17:30,160 --> 00:17:32,840 line must be drawn here in Bedford. This 349 00:17:32,840 --> 00:17:35,340 is where we draw it, right here. No, 350 00:17:35,540 --> 00:17:38,600 no more encroachments, no more bullshit, no more self 351 00:17:38,600 --> 00:17:40,320 -justification, no more kicking the can down the 352 00:17:40,320 --> 00:17:43,160 road. Bitcoin gives us the ability to 353 00:17:43,160 --> 00:17:46,560 say no to insults on our sovereignty, on our dignity. 354 00:17:47,200 --> 00:17:48,620 It makes us owners in our 355 00:17:48,620 --> 00:17:51,180 society again, not just renters on government land 356 00:17:51,180 --> 00:17:53,720 who are doing what they're told because they're forced 357 00:17:53,720 --> 00:17:56,500 to and they're scared. And if you wandered into this 358 00:17:56,500 --> 00:17:57,900 room today, and this is your first encounter with 359 00:17:57,900 --> 00:18:00,700 Bitcoin today during the panels and the speeches, 360 00:18:01,140 --> 00:18:03,160 you're going to hear about this cheat code. You're 361 00:18:03,160 --> 00:18:04,540 going to hear about the most important thing that's 362 00:18:04,540 --> 00:18:08,640 happening in your world, in the world, but also in 363 00:18:08,640 --> 00:18:12,420 your world and what's most important to you. So 364 00:18:12,420 --> 00:18:14,240 you have two choices once you hear this. You 365 00:18:14,240 --> 00:18:17,040 can either take the blue pill, you bury your head 366 00:18:17,040 --> 00:18:19,540 in the sand, you wake up in your bed and you 367 00:18:19,540 --> 00:18:22,240 believe whatever you want to believe, right? Or 368 00:18:22,240 --> 00:18:23,820 you take the orange pill and you see how far the 369 00:18:23,820 --> 00:18:27,400 rabbit hole goes. My call to you is that I 370 00:18:27,400 --> 00:18:31,080 dare you to make the bold choice to seek a meaningful 371 00:18:31,080 --> 00:18:35,020 and substantial life, to resist nihilism, to believe 372 00:18:35,020 --> 00:18:38,180 that your life can be more, to pass something on 373 00:18:38,180 --> 00:18:42,140 to the next generation, to pass something of great 374 00:18:42,140 --> 00:18:45,760 importance forward in the blockchain of humanity. I 375 00:18:45,760 --> 00:18:48,580 dare you to play your role in the greatest story of 376 00:18:48,580 --> 00:18:51,080 our lifetimes, the monetization of Bitcoin. 377 00:18:51,740 --> 00:18:54,960 Thank you. So 378 00:18:54,960 --> 00:18:59,140 I think American HODL hit it perfectly, right? Are 379 00:18:59,140 --> 00:19:00,400 you going to take the blue pill? You're 380 00:19:00,400 --> 00:19:02,920 going to take the orange pill. Where 381 00:19:02,920 --> 00:19:04,720 do you want to stand? Because 382 00:19:04,720 --> 00:19:08,300 in the current world, we're living in a world of 383 00:19:08,300 --> 00:19:11,220 theft. The money you use is stealing 384 00:19:11,220 --> 00:19:13,800 from you. Now they're insulting us with 385 00:19:13,800 --> 00:19:17,640 this capital gain stuff, unrealized gains, right? So 386 00:19:17,640 --> 00:19:21,440 you're taking all the risk and the government is 387 00:19:21,440 --> 00:19:23,600 saying, hey, wait a second. We 388 00:19:23,600 --> 00:19:29,680 want 44 % of that. In Canada, it's 67%. And 389 00:19:29,680 --> 00:19:32,400 you have to deal with inflation. Oh, 390 00:19:32,440 --> 00:19:34,320 and if they decide they want to go to war with 391 00:19:34,320 --> 00:19:38,020 someone, they can draft you. So 392 00:19:38,020 --> 00:19:42,620 Bitcoin is a protest, but not the protest where you 393 00:19:42,620 --> 00:19:45,020 go and pick at signs and then the cops go out with 394 00:19:45,020 --> 00:19:46,800 batons and they beat the living shit out of you. 395 00:19:46,800 --> 00:19:51,720 It's a protest where the balance 396 00:19:51,720 --> 00:19:55,220 of power is in your favor. If 397 00:19:55,220 --> 00:19:58,500 you take self custody and if you do geographically 398 00:19:58,500 --> 00:20:01,140 separate in multi -seg and you separate those seeds 399 00:20:01,140 --> 00:20:03,360 via different jurisdictions. Oh 400 00:20:03,360 --> 00:20:07,820 boy. You know, this is what it's 401 00:20:07,820 --> 00:20:12,440 about, right? Do you want to live a future 402 00:20:12,440 --> 00:20:15,980 of optimism of freedom of prosperity or do you want? 403 00:20:16,180 --> 00:20:17,340 Do you want to live a future 404 00:20:17,340 --> 00:20:22,140 of nihilism, slavery, war, death? Because 405 00:20:22,140 --> 00:20:28,060 that that is a future on a fiat standard, right? So 406 00:20:28,060 --> 00:20:32,460 it's not only our responsibility to spread 407 00:20:32,460 --> 00:20:35,380 this message to the people around us. It's 408 00:20:35,380 --> 00:20:37,820 not red versus blue. It's not left versus right. It's 409 00:20:37,820 --> 00:20:41,900 green versus orange. But it's our responsibility to 410 00:20:41,900 --> 00:20:46,180 to really spread this this technology that has the 411 00:20:46,180 --> 00:20:49,340 opportunity to free mankind from the tyranny of the 412 00:20:49,340 --> 00:20:52,240 state. And before Bitcoin, I think a 413 00:20:52,240 --> 00:20:56,560 lot of people were kind of bamboozled in a way in 414 00:20:56,560 --> 00:20:59,220 terms of thinking that, you know, if they go to the 415 00:20:59,220 --> 00:21:04,100 poll, you know, they have a say in this, you know, 416 00:21:04,160 --> 00:21:07,100 in this leviathan and which direction this leviathan 417 00:21:07,100 --> 00:21:10,360 goes. Well, it is an election year. 418 00:21:10,520 --> 00:21:11,580 And what I got to say is that 419 00:21:11,580 --> 00:21:13,880 the most important vote that you can make this 420 00:21:13,880 --> 00:21:17,480 year is by voting with your wallet and opting out 421 00:21:17,480 --> 00:21:20,020 of that system entirely. And 422 00:21:20,020 --> 00:21:22,740 if enough of us do it, I can't emphasize that enough. 423 00:21:23,280 --> 00:21:25,520 We will win. We 424 00:21:25,520 --> 00:21:27,800 will win. And there is no response, 425 00:21:28,120 --> 00:21:29,840 right, that they can do. They 426 00:21:29,840 --> 00:21:32,220 can't do anything, right? So 427 00:21:32,220 --> 00:21:35,840 American Hado put it beautifully. I'm 428 00:21:35,840 --> 00:21:39,140 telling you guys, it's days like today that we get a 429 00:21:39,140 --> 00:21:42,560 wake up call and we really kind of realize what's at 430 00:21:42,560 --> 00:21:46,400 stake. But most importantly, what those 431 00:21:46,400 --> 00:21:51,820 actions being taken by the DOJ by the state tell me 432 00:21:51,820 --> 00:21:56,200 is that we're winning and they're scared. We're 433 00:21:56,200 --> 00:21:59,500 winning and they're scared. Keep 434 00:21:59,500 --> 00:22:01,860 going. Keep putting the pressure color 435 00:22:01,860 --> 00:22:04,960 within the lines. Take self custody. Spread 436 00:22:04,960 --> 00:22:08,380 the message of Bitcoin. And this is how we win. We 437 00:22:08,380 --> 00:22:10,720 take over the culture. We win the game. We 438 00:22:10,720 --> 00:22:13,020 win the ball game. Anyways, I'm going to pass it on 439 00:22:13,020 --> 00:22:16,320 to Opti and then our guests. Yeah, 440 00:22:16,360 --> 00:22:17,720 man. Well, first and foremost, I 441 00:22:17,720 --> 00:22:19,340 absolutely love American Hado. He's 442 00:22:19,340 --> 00:22:21,720 a good dude. I love when he does his 443 00:22:21,720 --> 00:22:24,620 like, ooh, raw moment and he does these speeches. He 444 00:22:24,628 --> 00:22:28,240 was, I think, pivotal for a lot of us in the 2018 445 00:22:28,240 --> 00:22:29,800 bear market. He was like our big brother 446 00:22:29,800 --> 00:22:31,120 telling us to keep stacking. So 447 00:22:31,120 --> 00:22:33,100 I totally agree with what he was saying in this 448 00:22:33,100 --> 00:22:35,180 clip. And this is something I usually 449 00:22:35,180 --> 00:22:36,660 say on the show all the time. It's 450 00:22:36,660 --> 00:22:39,240 like once you finally wake up to the scam that is 451 00:22:39,240 --> 00:22:42,620 the fiat system and you go fully into Bitcoin, there's 452 00:22:42,620 --> 00:22:46,280 no, in my opinion, no conceivable chance that 453 00:22:46,280 --> 00:22:48,300 you're ever going back to the fiat system. Once 454 00:22:48,300 --> 00:22:51,500 you understand that it's all designed to work 455 00:22:51,500 --> 00:22:55,120 against you as the average everyday person, you 456 00:22:55,120 --> 00:22:58,440 realize, oh man, like there's literally only one 457 00:22:58,440 --> 00:22:59,740 option. You know, there is no 458 00:22:59,740 --> 00:23:01,760 alternative. It is Bitcoin. And 459 00:23:01,760 --> 00:23:03,460 this is why we do what we do. Yes, 460 00:23:03,580 --> 00:23:05,920 you know, we talk about all the time and we joke 461 00:23:05,920 --> 00:23:07,180 about it and we troll about it. Like, 462 00:23:07,300 --> 00:23:08,940 yes, number go up is great. And 463 00:23:08,940 --> 00:23:11,880 yes, number go up brings people into Bitcoin. But 464 00:23:11,880 --> 00:23:16,040 with number go up also comes freedom go up. And 465 00:23:16,040 --> 00:23:17,300 that's what all of us are here. And 466 00:23:17,308 --> 00:23:19,340 Niko's had these conversations with people on 467 00:23:19,340 --> 00:23:21,980 IRL as well where people are like, oh, you know, 468 00:23:22,040 --> 00:23:23,520 you guys are just here for the money. And 469 00:23:23,520 --> 00:23:25,480 you know, even that day point, knowing on the 470 00:23:25,480 --> 00:23:27,860 having stream with Bitcoin Mag, he's like, I don't 471 00:23:27,860 --> 00:23:29,360 really believe that. Bitcoiners 472 00:23:29,360 --> 00:23:33,060 are here just for freedom and altruistic reasons. 473 00:23:33,280 --> 00:23:34,620 You're all here just to get rich. 474 00:23:34,820 --> 00:23:36,380 And it's like, yeah, you know, 475 00:23:36,420 --> 00:23:38,000 everyone here came for the money. But 476 00:23:38,000 --> 00:23:40,520 once you realize that the money is broken, you come 477 00:23:40,520 --> 00:23:43,200 to fix the money, you stay to fix the money, you stay 478 00:23:43,200 --> 00:23:47,040 to actually change things moving forward and 479 00:23:47,040 --> 00:23:49,640 especially us, you know, we're millennials and people 480 00:23:49,640 --> 00:23:51,920 under us, the zoomers. And there are some cool Gen 481 00:23:51,920 --> 00:23:54,980 Xers and boomers out there that also see the problem 482 00:23:54,980 --> 00:23:56,740 in the writing on the wall. But 483 00:23:56,740 --> 00:23:59,320 all of us millennials and zoomers, all of us young 484 00:23:59,320 --> 00:24:02,240 people out here, once you wake up to the scam that 485 00:24:02,240 --> 00:24:04,440 is a field system, you realize there's literally 486 00:24:04,440 --> 00:24:07,260 nothing else we can do but become Bitcoiners, but try 487 00:24:07,260 --> 00:24:10,560 to change the system by creating a better system 488 00:24:10,560 --> 00:24:14,820 and doing what we can to ensure that there is as 489 00:24:14,820 --> 00:24:17,240 much freedom on planet Earth as possible moving 490 00:24:17,240 --> 00:24:19,260 forward. So, you know, on days like 491 00:24:19,260 --> 00:24:23,000 today is when you really refocus why you do this, 492 00:24:23,160 --> 00:24:25,100 what you're about, you know, all the skirmishes, 493 00:24:25,480 --> 00:24:29,200 all the infighting, it all feels meaningless right now 494 00:24:29,200 --> 00:24:31,320 because we are really here for freedom. We're 495 00:24:31,320 --> 00:24:33,460 here to not only free humanity, but free 496 00:24:33,460 --> 00:24:35,760 ourselves. And that's why we do this. 497 00:24:35,860 --> 00:24:37,320 That's why Bitcoin's incentives are 498 00:24:37,320 --> 00:24:39,420 so pure. This is why we love Bitcoin. 499 00:24:39,420 --> 00:24:41,860 This is why we basically have 500 00:24:41,860 --> 00:24:43,860 committed our whole lives to spreading Bitcoin, 501 00:24:44,060 --> 00:24:46,880 talking about Bitcoin, talking about the egregious 502 00:24:46,880 --> 00:24:51,480 behaviors from the state, and hopefully doing that, 503 00:24:51,620 --> 00:24:53,780 being able to get more people into the freedom 504 00:24:53,780 --> 00:24:55,920 movement, getting more people stacking sats, taking 505 00:24:55,920 --> 00:24:58,740 Bitcoin into custody and leaving a better world. 506 00:24:59,260 --> 00:25:00,260 That's what, you know, I grew up 507 00:25:00,260 --> 00:25:02,580 with the idea that like you want to leave a better 508 00:25:02,580 --> 00:25:05,360 world than what you encountered when you became 509 00:25:05,360 --> 00:25:07,660 an adult. And I think that's what most 510 00:25:07,660 --> 00:25:08,960 bit corners are here for. Yes, 511 00:25:09,100 --> 00:25:12,200 you know, lines get blurry here and there, but it is 512 00:25:12,200 --> 00:25:14,700 about freedom guys. This is freedom money. This 513 00:25:14,700 --> 00:25:18,260 is freedom tech. The powers that be want you to 514 00:25:18,260 --> 00:25:22,560 be basically their debt slave and we all now 515 00:25:22,560 --> 00:25:25,360 collectively, I hate using the seward, but told them 516 00:25:25,360 --> 00:25:29,160 to go fuck themselves. And this is why we do what we 517 00:25:29,160 --> 00:25:31,340 do. So I think today is going to 518 00:25:31,340 --> 00:25:33,560 be a good day where everyone kind of refocuses 519 00:25:33,560 --> 00:25:36,000 their lens and remembers why we're here. Like 520 00:25:36,000 --> 00:25:37,920 remember the cypherpunk manifesto. I 521 00:25:37,920 --> 00:25:40,680 highly recommend everyone go read it again today. You 522 00:25:40,680 --> 00:25:43,160 know, these are the important defining moments 523 00:25:43,160 --> 00:25:46,940 in this peaceful Bitcoin movement that we're a part 524 00:25:46,940 --> 00:25:49,860 of. And like we're winning so hard 525 00:25:49,860 --> 00:25:52,240 and it just, it really reminds me that there is 526 00:25:52,240 --> 00:25:54,540 no going back. There is no way we're ever going 527 00:25:54,540 --> 00:25:56,180 back to the fiat system. We 528 00:25:56,180 --> 00:25:58,560 only interact with the fiat system as much as we need 529 00:25:58,560 --> 00:26:01,720 to to survive. And man, this is this is why 530 00:26:01,720 --> 00:26:04,260 we Bitcoin like shouts out the hodl. Can't 531 00:26:04,260 --> 00:26:06,160 wait to see him in person again. He's 532 00:26:06,160 --> 00:26:07,820 the go. I love hodl. Yeah, 533 00:26:07,840 --> 00:26:11,360 man, that that opening monologue is absolutely he 534 00:26:11,360 --> 00:26:13,640 absolutely crushed it for the cheat code. What 535 00:26:13,640 --> 00:26:16,100 a what a what a speech. Anyways, 536 00:26:16,120 --> 00:26:20,160 there's 870 nine of you guys watching live right 537 00:26:20,160 --> 00:26:23,860 now on on YouTube and X. So 538 00:26:23,860 --> 00:26:25,680 make sure to smash that like button if you guys 539 00:26:25,680 --> 00:26:28,480 are enjoying the show. We just migrated the channel 540 00:26:28,480 --> 00:26:31,740 on rumble from the simply Bitcoin with no space to 541 00:26:31,740 --> 00:26:34,640 the simply Bitcoin. We also got our rumble 542 00:26:34,640 --> 00:26:36,100 verified. So shout out to the rumble 543 00:26:36,100 --> 00:26:38,820 team for doing that. So we'll be streaming from the 544 00:26:38,820 --> 00:26:43,200 simply space Bitcoin rumble channel moving forward. So 545 00:26:43,200 --> 00:26:45,120 guys, again, if you guys are enjoying the show 546 00:26:45,120 --> 00:26:46,720 really helps with the algos. If 547 00:26:46,720 --> 00:26:49,220 you guys smash that like button, help us break 100 548 00:26:49,220 --> 00:26:52,180 likes within the first 30 minutes of the show on 549 00:26:52,180 --> 00:26:53,740 YouTube. Anyways, I do want to pass it on 550 00:26:53,740 --> 00:26:55,800 to our guest Eric. What are your thoughts on this, 551 00:26:55,820 --> 00:26:59,560 my friend? Man, we're at a weird time in 552 00:26:59,560 --> 00:27:02,600 history right now. Going back to the American 553 00:27:02,600 --> 00:27:05,840 Revolution and being where I'm located physically 554 00:27:05,840 --> 00:27:09,320 thinking about, you know, Philadelphia defending 555 00:27:09,320 --> 00:27:11,840 ourselves against the Brits. This 556 00:27:11,840 --> 00:27:15,160 seems kind of like American Revolution in modern day. 557 00:27:15,160 --> 00:27:17,980 So for right now for me, I'm 558 00:27:17,980 --> 00:27:21,220 really focused on building out the Bitcoin community. 559 00:27:22,680 --> 00:27:24,420 And with that comes, you know, 560 00:27:24,640 --> 00:27:30,380 getting people within Bitcoin jobs, but also, you 561 00:27:30,380 --> 00:27:33,620 know, building a team. How do we band together? Let's 562 00:27:33,620 --> 00:27:37,080 not in fight. Let's let's band together and 563 00:27:37,080 --> 00:27:40,520 make sure that our rights are secured. And 564 00:27:40,520 --> 00:27:42,420 I believe in the first matter and I believe in 565 00:27:42,420 --> 00:27:47,740 hold on one second. I believe in the Constitution. 566 00:27:48,700 --> 00:27:50,220 I have a pocket Constitution 567 00:27:50,220 --> 00:27:56,900 in my wallet. Okay. And I believe in everything 568 00:27:56,900 --> 00:28:00,280 that our ancestors really did to lead up to this 569 00:28:00,280 --> 00:28:04,180 point. So to the point that I'm 570 00:28:04,180 --> 00:28:07,080 going to keep fighting this fight, I'm here and I'm 571 00:28:07,080 --> 00:28:08,380 going to keep fighting this. So 572 00:28:08,380 --> 00:28:12,620 I guess it's not really a call to arms, but a call 573 00:28:12,620 --> 00:28:14,760 to custody. Make sure you're cussing your 574 00:28:14,760 --> 00:28:18,660 Bitcoin and making sure your wealth is protected 575 00:28:18,660 --> 00:28:21,460 right now because if you're saving in dollars right 576 00:28:21,460 --> 00:28:25,380 now, you're going to be debased 10, 20 % per year 577 00:28:25,380 --> 00:28:28,680 at least. Plus these capital gains tax 578 00:28:28,680 --> 00:28:32,000 that are very unreasonable. Yes, 579 00:28:32,880 --> 00:28:36,180 I'll leave it at that, but I'm very pro -American pro 580 00:28:36,180 --> 00:28:38,560 -freedom and we have to defend these rights right 581 00:28:38,560 --> 00:28:40,980 now. Love it. Call 582 00:28:40,980 --> 00:28:43,120 to custody. That's that's a great meme. I 583 00:28:43,120 --> 00:28:46,360 absolutely love that. 100%. Andy, 584 00:28:46,480 --> 00:28:48,260 what's your take on all this? Yeah, 585 00:28:48,400 --> 00:28:51,560 I mean, good as we can talk unendingly about it, 586 00:28:51,600 --> 00:28:54,640 but I do want to address like the the hodl club 587 00:28:54,640 --> 00:28:56,400 makes a great point. Dude always makes a great point. 588 00:28:56,540 --> 00:28:57,540 Right. Let's be honest. But 589 00:28:57,540 --> 00:29:01,220 this notion of incremental relenting, right? I 590 00:29:01,220 --> 00:29:02,640 think that's actually a really good way of putting 591 00:29:02,640 --> 00:29:05,300 it something for all of us to recognize because this 592 00:29:05,300 --> 00:29:07,000 isn't like a Bitcoin issue. This 593 00:29:07,000 --> 00:29:08,740 is for everyone, right? And obviously for us in the 594 00:29:08,740 --> 00:29:11,500 community, this news about Sam rides, it's like, you 595 00:29:11,500 --> 00:29:14,040 know, title wave, right? But 596 00:29:14,040 --> 00:29:15,560 you know, we need to recognize that there's a 597 00:29:15,560 --> 00:29:18,140 pretty non -explicit percentage of the population 598 00:29:18,140 --> 00:29:20,240 here in the States and globally for that matter 599 00:29:20,240 --> 00:29:22,380 that truly does not care about privacy. This 600 00:29:22,380 --> 00:29:23,400 is we all know it, right? It's 601 00:29:23,400 --> 00:29:25,000 the well, I'm not doing anything illegal. So 602 00:29:25,000 --> 00:29:27,260 I have nothing to hide crowd. But 603 00:29:27,260 --> 00:29:30,060 what I think people don't understand at least that 604 00:29:30,060 --> 00:29:32,560 audience doesn't understand is just that slippery slope 605 00:29:32,560 --> 00:29:34,440 of incremental relenting, right? Removing 606 00:29:34,440 --> 00:29:37,600 basic freedoms like, listen, we've already pretty much 607 00:29:37,600 --> 00:29:39,640 given up the freedom to navigate the internet 608 00:29:39,640 --> 00:29:42,660 privately to not have your credit card purchases be 609 00:29:42,660 --> 00:29:44,740 tracked, right? And overall life has kind of 610 00:29:44,740 --> 00:29:46,940 continued without pain, even with that relenting, right? 611 00:29:47,940 --> 00:29:49,780 But very quickly that point 612 00:29:49,780 --> 00:29:51,640 will be passed where you do start to feel pain, 613 00:29:51,780 --> 00:29:53,800 right? And imagine, you know, losing 614 00:29:53,800 --> 00:29:55,680 the freedom of being able to travel where you want 615 00:29:55,680 --> 00:29:58,540 or purchase the goods you want altogether, right? And 616 00:29:58,540 --> 00:30:00,200 so in this particular case, like, yeah, privacy is 617 00:30:00,200 --> 00:30:01,260 absolutely under attack. Like 618 00:30:01,260 --> 00:30:03,340 Bitcoin is the attack vector, you know, coin 619 00:30:03,340 --> 00:30:05,660 joining within Bitcoin is the attack vector, right? 620 00:30:06,040 --> 00:30:07,140 But largely it's just continuing 621 00:30:07,140 --> 00:30:09,620 to remove as many freedoms as possible. And 622 00:30:09,620 --> 00:30:11,500 so we, I think, obviously in the Bitcoin community 623 00:30:11,500 --> 00:30:14,020 understand that more immediately. But 624 00:30:14,020 --> 00:30:15,820 part of our call to arms call to action call to 625 00:30:15,820 --> 00:30:18,520 custody, I think it's again shouting outside of Bitcoin, 626 00:30:18,700 --> 00:30:20,300 outside of crypto altogether, right? This 627 00:30:20,300 --> 00:30:22,360 is something that everyone should be upset about. 628 00:30:22,460 --> 00:30:24,280 Everyone should be thinking about 629 00:30:24,280 --> 00:30:27,660 the precedent, the dangerous precedent this can set for 630 00:30:27,660 --> 00:30:30,640 not just our community, but for everyone, right? And 631 00:30:30,640 --> 00:30:34,260 so, yeah, I mean, how do you, how do you speak to 632 00:30:34,260 --> 00:30:35,620 the whole country, right? When 633 00:30:35,620 --> 00:30:36,960 there's so many of the things that we disagree on? 634 00:30:37,620 --> 00:30:39,140 I hope other people have 635 00:30:39,140 --> 00:30:40,960 better ideas than myself, but I think it's an 636 00:30:40,960 --> 00:30:42,560 important point to make that this is not just a 637 00:30:42,560 --> 00:30:43,960 Bitcoin issue, right? Bitcoin 638 00:30:43,960 --> 00:30:46,920 is, we're feeling it very intimately because it's 639 00:30:46,920 --> 00:30:48,560 focused on Bitcoin today, but this will largely 640 00:30:48,560 --> 00:30:50,420 affect everyone over time with that continued 641 00:30:50,420 --> 00:30:54,140 incremental relenting of freedoms. 100%. 100%. And 642 00:30:54,140 --> 00:30:56,700 that's the key word is kind of like these 643 00:30:56,700 --> 00:30:59,360 incremental movements, right? It 644 00:30:59,360 --> 00:31:01,100 doesn't have, and this is what a lot of people 645 00:31:01,100 --> 00:31:04,620 think, right? You know, back in, back in, 646 00:31:04,720 --> 00:31:06,740 they've done studies on this, right? Back 647 00:31:06,740 --> 00:31:10,600 in the 30s and, you know, the 30s and 40s in 648 00:31:10,600 --> 00:31:12,540 Germany, right? A lot of people are thinking 649 00:31:12,540 --> 00:31:16,940 like, how did they get from point A to point Z, 650 00:31:17,360 --> 00:31:20,080 right? How did they kind of go along 651 00:31:20,080 --> 00:31:23,060 with that? Increments, right? Small 652 00:31:23,060 --> 00:31:26,940 little things slowly but surely over time, and then 653 00:31:26,940 --> 00:31:30,220 it starts to become normalized in people's head. 654 00:31:30,760 --> 00:31:33,080 I always bring up the, when 655 00:31:33,080 --> 00:31:37,340 they passed the original Bank Secrecy Act, that was 656 00:31:37,340 --> 00:31:42,080 passed in 1970. And coincidentally, 1971, right? 657 00:31:42,200 --> 00:31:43,520 Richard Nixon removed, there's no 658 00:31:43,520 --> 00:31:46,100 coincidences, ladies and gentlemen, but they passed 659 00:31:46,100 --> 00:31:50,380 the Bank Secrecy Act and the reporting number was 660 00:31:50,380 --> 00:31:54,160 $10 ,000. In 1970, that's the equivalent 661 00:31:54,160 --> 00:31:57,660 of $80 ,000 worth of purchasing power today. 662 00:31:58,140 --> 00:32:01,060 Everyone said, oh, like 80, that's 663 00:32:01,060 --> 00:32:05,100 not unreasonable. Fast forward with the so -called 664 00:32:05,100 --> 00:32:07,320 Inflation Reduction Act, which has printed more 665 00:32:07,320 --> 00:32:08,880 money. They're spinning on our faces at 666 00:32:08,880 --> 00:32:12,340 this point, to be honest. They 667 00:32:12,340 --> 00:32:15,900 tried to put into that bill that every $600 668 00:32:15,900 --> 00:32:20,000 transaction had to be reported, right? So 669 00:32:20,000 --> 00:32:25,940 how did we go from $80 ,000 to $600? Well, 670 00:32:25,980 --> 00:32:28,280 Andy just mentioned it. Increments, 671 00:32:28,700 --> 00:32:31,220 right? Small little moves, every, and 672 00:32:31,220 --> 00:32:33,140 then people start to normalize it in their head 673 00:32:33,140 --> 00:32:35,740 and they start to think this is normal. But 674 00:32:35,740 --> 00:32:37,680 this is not normal, and I'm really glad that Eric 675 00:32:37,680 --> 00:32:40,520 pulled out his constitution. The 676 00:32:40,520 --> 00:32:44,360 Fourth Amendment says, no unreasonable searches and 677 00:32:44,360 --> 00:32:47,440 seizures. Do you think that every $600 678 00:32:47,440 --> 00:32:50,400 transaction being surveilled by the federal government 679 00:32:50,400 --> 00:32:53,260 that can't even pass accounting in terms of 680 00:32:53,260 --> 00:32:55,660 sending the billions and billions of dollars that 681 00:32:55,660 --> 00:32:57,880 they send overseas, right? They 682 00:32:57,880 --> 00:33:00,820 themselves can't even live up to their own rules, but 683 00:33:00,820 --> 00:33:04,140 then they force the populace to live up to 684 00:33:04,140 --> 00:33:08,080 those rules, right? So yes, it's getting out of 685 00:33:08,080 --> 00:33:12,160 control, but the protests have been tried. The 686 00:33:12,160 --> 00:33:14,940 picket signs have been tried. All 687 00:33:14,940 --> 00:33:17,560 these things have been tried. But 688 00:33:17,560 --> 00:33:20,580 the most powerful thing that, again, it moves the 689 00:33:20,580 --> 00:33:25,680 balance of power, where the return on violence, it's 690 00:33:25,680 --> 00:33:30,220 not incrementally. It's not as effective having 691 00:33:30,220 --> 00:33:33,900 monopoly on violence is millions upon millions upon 692 00:33:33,900 --> 00:33:36,880 individuals all over the world taking self custody 693 00:33:36,880 --> 00:33:39,280 of their wealth, therefore becoming sovereign 694 00:33:39,280 --> 00:33:42,520 individuals, right? That's how we really change 695 00:33:42,520 --> 00:33:45,060 things. And I think people have to 696 00:33:45,060 --> 00:33:46,320 wake up to that reality. Anyways, 697 00:33:46,440 --> 00:33:48,520 guys, let's move on to the news. Let's 698 00:33:48,520 --> 00:33:50,360 talk about Samurai, a lot to uncover. Let's 699 00:33:50,360 --> 00:33:57,460 check it out. Here we go. I 700 00:33:57,460 --> 00:33:59,840 want to give a shout out to our sponsor, Foundation 701 00:33:59,840 --> 00:34:02,660 Devices. It's self custody done right. 702 00:34:02,900 --> 00:34:04,340 They built a premium grade 703 00:34:04,340 --> 00:34:07,440 hardware wallet called Passport right here in the 704 00:34:07,440 --> 00:34:09,440 U .S. It's fully open source and 705 00:34:09,440 --> 00:34:11,940 verifiable. It's the most intuitive Bitcoin 706 00:34:11,940 --> 00:34:14,320 wallet designed with the U .S. reminiscent 707 00:34:14,320 --> 00:34:17,000 of a simple feature phone. So 708 00:34:17,000 --> 00:34:18,860 you will know how to navigate it and use it the 709 00:34:18,860 --> 00:34:21,840 moment you pick it up. Get your Bitcoin off exchanges 710 00:34:21,840 --> 00:34:24,440 and into your into your own hands in just a few 711 00:34:24,440 --> 00:34:26,620 minutes. Experience a piece of mind that comes 712 00:34:26,620 --> 00:34:29,540 with taking ownership of your own keys after a 713 00:34:29,540 --> 00:34:33,040 massive sell out during Bitcoin Miami 2023. The 714 00:34:33,040 --> 00:34:36,440 passport is back in stock at Foundation Devices .com 715 00:34:36,440 --> 00:34:40,239 Bitcoin only open source verifiable completely air 716 00:34:40,239 --> 00:34:43,800 gap security model, gorgeous design craft, premium grade 717 00:34:43,800 --> 00:34:45,600 materials. If you're thinking about 718 00:34:45,600 --> 00:34:48,340 getting your Bitcoin off exchanges, this is the one 719 00:34:48,340 --> 00:34:50,600 for you. Check out the passport link in 720 00:34:50,600 --> 00:34:53,159 the show notes below to learn more. All 721 00:34:53,159 --> 00:34:55,000 right, everybody right here. See 722 00:34:55,000 --> 00:34:57,540 this? This is this is a passport 723 00:34:57,540 --> 00:34:59,840 hardware wallet Bitcoin hardware wallet completely 724 00:34:59,840 --> 00:35:02,340 open source. Easy to use, especially if you 725 00:35:02,340 --> 00:35:03,920 pair with the Envoy app. This 726 00:35:03,920 --> 00:35:05,980 is freedom. This is sovereignty. You 727 00:35:05,980 --> 00:35:10,180 put your Bitcoin into cold storage and that's how you 728 00:35:10,180 --> 00:35:12,120 protest. That is the protest. Right. 729 00:35:12,520 --> 00:35:15,020 So get yourself a hardware wallet, properly secure your 730 00:35:15,020 --> 00:35:18,220 seed words, scan the QR code on your screen. It 731 00:35:18,220 --> 00:35:21,040 will take you directly to the Foundation Devices 732 00:35:21,040 --> 00:35:24,580 website. Anyways, let's start today's episode 733 00:35:24,580 --> 00:35:27,360 from reading this passage once again from the 734 00:35:27,360 --> 00:35:30,180 sovereign individual because once again it predicted 735 00:35:30,180 --> 00:35:31,680 exactly what's happening. Why 736 00:35:31,680 --> 00:35:34,480 is this happening? Well, we're transitioning from the 737 00:35:34,480 --> 00:35:37,660 industrial age and then the era of the nation state 738 00:35:37,660 --> 00:35:41,280 that really started in the Napoleonic era and we're 739 00:35:41,280 --> 00:35:43,800 transitioning to the information age. Right. 740 00:35:43,900 --> 00:35:46,800 And it's going to completely change how human 741 00:35:46,800 --> 00:35:49,500 society is organized and human society is structured. 742 00:35:49,500 --> 00:35:51,340 But most importantly, it's going 743 00:35:51,340 --> 00:35:55,720 to change the relationship between individuals and the 744 00:35:55,720 --> 00:35:57,540 state. But we don't know how long 745 00:35:57,540 --> 00:36:00,120 this is going to take. And if history is a teacher, 746 00:36:00,580 --> 00:36:04,120 when you have these types of transitions, right, you 747 00:36:04,120 --> 00:36:07,320 know, things get shaken up literally. So 748 00:36:07,320 --> 00:36:11,280 this passage in this book was written in 1997. And 749 00:36:11,280 --> 00:36:14,240 you guys let me know if it sounds familiar. Lacking 750 00:36:14,240 --> 00:36:17,000 their custom scope, their custom scope to tax and 751 00:36:17,000 --> 00:36:19,640 inflate governments, even in traditionally civil countries 752 00:36:19,640 --> 00:36:23,780 will turn nasty. Businesses that offer services that 753 00:36:23,780 --> 00:36:26,620 facilitate the realization of autonomy by individuals 754 00:36:26,620 --> 00:36:30,080 will be subject to infiltration, sabotage and 755 00:36:30,080 --> 00:36:32,640 disruption. Arbitrary forfeiture of property 756 00:36:32,640 --> 00:36:34,800 already commonplace in the United States where it 757 00:36:34,800 --> 00:36:37,720 occurs 5000 times a week will become even more 758 00:36:37,720 --> 00:36:40,400 pervasive. Governments will violate human rights, 759 00:36:40,620 --> 00:36:43,880 censor the free float information, sabotage useful 760 00:36:43,880 --> 00:36:47,820 technologies and worse sovereign individual 1997. 761 00:36:48,740 --> 00:36:50,160 All right, now let's get to 762 00:36:50,160 --> 00:36:53,420 today's story, but we have to go back in time. And 763 00:36:53,420 --> 00:36:55,340 the reason we have to go back in time is because, 764 00:36:55,660 --> 00:37:00,280 dude, did we effing call this when the tornado cash 765 00:37:00,280 --> 00:37:02,480 thing happened? I had the thousand yard stare 766 00:37:02,480 --> 00:37:05,100 and Opti was looking at me like an absolute crazy 767 00:37:05,100 --> 00:37:07,180 person. And I was like, dude, I don't 768 00:37:07,180 --> 00:37:09,980 think you understand what this means, right? So 769 00:37:09,980 --> 00:37:13,020 the tornado cash set the precedent to an 80 cash 770 00:37:13,020 --> 00:37:15,360 founders charged with money laundering and sanctions 771 00:37:15,360 --> 00:37:19,200 violations. Right. This is the original. This 772 00:37:19,200 --> 00:37:22,800 is the original allegation of the original, you know, 773 00:37:22,840 --> 00:37:25,500 the original thing that was alleged by the US 774 00:37:25,500 --> 00:37:27,880 government. By the way, coin center fought 775 00:37:27,880 --> 00:37:31,200 this. Everyone fought this and they lost 776 00:37:31,200 --> 00:37:34,060 all the cases. And what do you think happens 777 00:37:34,060 --> 00:37:37,260 when that precedent is sent? Set. 778 00:37:37,780 --> 00:37:40,060 Well, guess what? They're going to take another 779 00:37:40,060 --> 00:37:42,920 incremental step. And that's exactly what happened 780 00:37:42,920 --> 00:37:44,800 with samurai. So this is the original 781 00:37:44,800 --> 00:37:47,920 allegation says as alleged in the indictment, the 782 00:37:47,920 --> 00:37:51,040 defendants operated a $1 billion scheme designed to 783 00:37:51,040 --> 00:37:53,820 help other criminals launder and conceal funds using 784 00:37:53,820 --> 00:37:56,860 cryptocurrency, including by laundering hundreds of 785 00:37:56,860 --> 00:37:59,240 millions of dollars on behalf of a state sponsored 786 00:37:59,240 --> 00:38:02,240 North Korean cyber crime group sanctioned by the US 787 00:38:02,240 --> 00:38:06,220 government. These charges should serve as yet 788 00:38:06,220 --> 00:38:08,840 another warning to those who think they could turn 789 00:38:08,840 --> 00:38:11,940 to cryptocurrency to conceal their crimes and hide their 790 00:38:11,940 --> 00:38:15,180 identities, including cryptocurrency mixers. It 791 00:38:15,180 --> 00:38:17,560 does not matter how sophisticated your scheme is 792 00:38:17,560 --> 00:38:20,240 or how many attempts you have made to anonymize 793 00:38:20,240 --> 00:38:22,780 yourself. The Justice Department will find 794 00:38:22,780 --> 00:38:26,100 you and hold you accountable for your crimes. 795 00:38:26,400 --> 00:38:28,420 OK, right. For 796 00:38:28,420 --> 00:38:31,420 your crimes, right? So let's forget, you know, all 797 00:38:31,420 --> 00:38:33,480 the billions of dollars that are being sent 798 00:38:33,480 --> 00:38:36,300 overseas to fund wars. There's 799 00:38:36,300 --> 00:38:39,360 no accountability. No one audits that. Forget 800 00:38:39,360 --> 00:38:42,760 about that. Again, you are operating on a 801 00:38:42,760 --> 00:38:46,700 different class than the political elite. You 802 00:38:46,700 --> 00:38:49,920 play by a different set of rules. And 803 00:38:49,920 --> 00:38:52,280 what they're trying to do is they're trying to scare 804 00:38:52,280 --> 00:38:54,480 you by setting examples. Remember 805 00:38:54,480 --> 00:38:58,780 Julian Assange. Remember Ross Ulbridge. Remember 806 00:38:58,780 --> 00:39:01,260 the tornado cash developers. And 807 00:39:01,260 --> 00:39:03,340 now let's remember samurai. And 808 00:39:03,340 --> 00:39:05,140 just to kind of give you an idea of how serious 809 00:39:05,140 --> 00:39:08,500 this is, if you go search samurai wallet and you 810 00:39:08,500 --> 00:39:11,340 click on the website, this is what pops up. This 811 00:39:11,340 --> 00:39:15,240 website has been seized. As long as I believe there is 812 00:39:15,240 --> 00:39:18,620 10 ,000 Bitcoin that samurai hide and that was seized 813 00:39:18,620 --> 00:39:22,780 as well. So this is real. Here's 814 00:39:22,780 --> 00:39:25,100 the actual press release coming out of the DOJ 815 00:39:25,100 --> 00:39:28,580 founders and CEO of cryptocurrency mixing service 816 00:39:28,580 --> 00:39:32,000 arrested and charged with money laundering and 817 00:39:32,000 --> 00:39:35,300 unlicensed money transmitting offenses. This 818 00:39:35,300 --> 00:39:40,140 literally happened. Roughly a year after tornado cash. 819 00:39:40,140 --> 00:39:41,540 Why did they start with tornado 820 00:39:41,540 --> 00:39:44,660 cash and not samurai? Because 821 00:39:44,660 --> 00:39:47,820 no one really knew what tornado cash was. No 822 00:39:47,820 --> 00:39:49,960 one really no one was really using it wasn't 823 00:39:49,960 --> 00:39:53,780 really popular, but they had to set the precedent. 824 00:39:54,420 --> 00:39:56,420 Once the precedent was set, it 825 00:39:56,420 --> 00:39:59,200 normalized in people's minds and they could 826 00:39:59,200 --> 00:40:01,920 incrementally, you know, they could they can move 827 00:40:01,920 --> 00:40:04,000 another step. And that's exactly what 828 00:40:04,000 --> 00:40:06,960 happened. So anyways, but there is a 829 00:40:06,960 --> 00:40:09,900 silver lining here and I'll get to it. But 830 00:40:09,900 --> 00:40:12,660 here's the original indictment or the original 831 00:40:12,660 --> 00:40:16,060 press release. It says, Keon Rodriguez and 832 00:40:16,060 --> 00:40:19,000 William Hill are charged with operating samurai 833 00:40:19,000 --> 00:40:22,500 wallet and unlicensed money transmitting business that 834 00:40:22,500 --> 00:40:26,920 executed over $2 billion in unlawful transactions and 835 00:40:26,920 --> 00:40:30,620 laundered over 100 million in criminal proceeds. Now, 836 00:40:30,780 --> 00:40:33,560 the beautiful part about Bitcoin is that it exposes 837 00:40:33,560 --> 00:40:37,880 intensives and, you know, it kind of has this like 838 00:40:37,880 --> 00:40:41,400 weird for forcing function where like, like even if 839 00:40:41,400 --> 00:40:45,080 you attack it, like it kind of makes you reveal a 840 00:40:45,080 --> 00:40:47,820 little bit apart a little bit about yourself, right? 841 00:40:48,200 --> 00:40:51,120 And what they just admitted is 842 00:40:51,120 --> 00:40:53,420 that Bitcoin is money. Which 843 00:40:53,420 --> 00:40:56,260 is like, there at least there's a silver lining 844 00:40:56,260 --> 00:40:58,100 there. They admitted that Bitcoin is 845 00:40:58,100 --> 00:41:00,720 money. They just literally said, you 846 00:41:00,720 --> 00:41:03,460 know, $2 billion of unlawful transactions and 847 00:41:03,460 --> 00:41:06,320 laundered over $100 million in criminal proceeds. They 848 00:41:06,320 --> 00:41:08,380 didn't launder this and they didn't quote unquote 849 00:41:08,380 --> 00:41:11,040 to use their words. This wasn't laundered in dollars. 850 00:41:11,480 --> 00:41:13,220 This was laundered in Bitcoin. 851 00:41:13,820 --> 00:41:16,060 So they just admitted the DOJ 852 00:41:16,060 --> 00:41:19,060 just admitted that Bitcoin is money. But 853 00:41:19,060 --> 00:41:21,260 remember, you hear you hear them on the other side. 854 00:41:21,360 --> 00:41:22,220 They said, no, Bitcoin is not 855 00:41:22,220 --> 00:41:23,700 money. It can't be money. It 856 00:41:23,700 --> 00:41:26,300 can only be money if it's backed by the state. Well, 857 00:41:26,600 --> 00:41:28,660 in this in this press release, they just admitted 858 00:41:28,660 --> 00:41:30,560 that Bitcoin is money. Anyways, 859 00:41:30,740 --> 00:41:32,280 so there is a silver lining. Now, 860 00:41:32,300 --> 00:41:34,200 let's get to some of the details of it. Here's 861 00:41:34,200 --> 00:41:39,500 the no BS Bitcoin post samurai wallet founders 862 00:41:39,500 --> 00:41:42,140 arrested and charged with money laundering, unless 863 00:41:42,140 --> 00:41:44,720 unlicensed money transmitting offenses. Federal 864 00:41:44,720 --> 00:41:48,080 prosecutors charged both the founders of samurai wallet 865 00:41:48,080 --> 00:41:50,300 with conspiracy to commit money laundering on 866 00:41:50,300 --> 00:41:53,380 Wednesday. Samurai's web servers and domain has 867 00:41:53,380 --> 00:41:56,340 been seized and a seizure warrant for samurai's mobile 868 00:41:56,340 --> 00:41:59,280 application was served on the Google Play Store. Per 869 00:41:59,280 --> 00:42:01,920 DOJ, the application will no longer be available to 870 00:42:01,920 --> 00:42:04,100 be downloaded from the Google Play Store in the 871 00:42:04,100 --> 00:42:06,360 United States. According to a press release, the 872 00:42:06,360 --> 00:42:09,300 duo developed, marketed and operated the mixer, which 873 00:42:09,300 --> 00:42:12,040 facilitated more than $100 million in money laundering 874 00:42:12,040 --> 00:42:14,700 transactions from illegal dark web. Markets 875 00:42:14,700 --> 00:42:17,920 quote as alleged. The two founders are responsible 876 00:42:17,920 --> 00:42:20,960 for developing marketing and operating samurai, a 877 00:42:20,960 --> 00:42:23,680 cryptocurrency mixing service that executed over $2 878 00:42:23,680 --> 00:42:26,680 billion in unlawful transactions and served as 879 00:42:26,680 --> 00:42:29,700 a haven for criminals to ensure in large scale money 880 00:42:29,700 --> 00:42:32,860 laundering. Rodriguez and Hill allegedly knowingly 881 00:42:32,860 --> 00:42:35,920 facilitated the laundering of over $100 million of 882 00:42:35,920 --> 00:42:38,700 criminal proceeds from the Silk Road Hydra market and 883 00:42:38,700 --> 00:42:41,820 a host of other computer hacking and fraud campaigns 884 00:42:41,820 --> 00:42:44,460 together with with our law enforcement. Partners, 885 00:42:44,820 --> 00:42:46,800 we will continue to relentlessly pursue and 886 00:42:46,800 --> 00:42:49,100 dismantle criminal organizations that use 887 00:42:49,100 --> 00:42:52,060 cryptocurrency to hide illicit conduct. Keep 888 00:42:52,060 --> 00:42:56,100 in mind 95 % of the Bitcoin that was mixed 889 00:42:56,100 --> 00:42:59,320 using samurai. It was just people trying 890 00:42:59,320 --> 00:43:04,420 seeking privacy. 5 % was allegedly tied to quote 891 00:43:04,420 --> 00:43:07,640 unquote criminal activity. Interesting 892 00:43:07,640 --> 00:43:09,740 how that works. By the way, very similar 893 00:43:09,740 --> 00:43:12,360 numbers in the tornado cash case. So 894 00:43:12,360 --> 00:43:18,340 what happens? Privacy is now criminalized. Privacy 895 00:43:18,340 --> 00:43:22,220 is now villainized. Even though the vast majority of 896 00:43:22,220 --> 00:43:25,080 people using this were not associated with the crime. 897 00:43:25,260 --> 00:43:26,220 You see how that works? It's 898 00:43:26,220 --> 00:43:29,200 interesting. Anyways, prosecutors also indicted 899 00:43:29,200 --> 00:43:32,920 Rodriguez and Hill, garnered about $4 .5 million in 900 00:43:32,920 --> 00:43:35,080 service fees from the coin joint services they 901 00:43:35,080 --> 00:43:38,080 provided. Special agent in charge Thomas 902 00:43:38,080 --> 00:43:42,060 Fouturso said $2 billion in transactions with an 903 00:43:42,060 --> 00:43:45,140 unlicensed money transmitter means $2 billion flowed 904 00:43:45,140 --> 00:43:49,080 without any oversight from whoever to wherever. Samurai 905 00:43:49,080 --> 00:43:51,900 wallet is now closed for business. The 906 00:43:51,900 --> 00:43:54,820 charge include a conspiracy to commit money laundering 907 00:43:54,820 --> 00:43:57,440 and conspiracy to run an unlicensed money transmitting 908 00:43:57,440 --> 00:43:59,940 business. These charges could lead to a 909 00:43:59,940 --> 00:44:05,740 maximum sentence of 20 years and 5 years. Here's 910 00:44:05,740 --> 00:44:08,480 Francis Puglio, founder of Bull Bitcoin. Let's 911 00:44:08,480 --> 00:44:11,420 hope that samurai servers are well encrypted or they 912 00:44:11,420 --> 00:44:13,480 manage to wipe them remotely because otherwise 913 00:44:13,480 --> 00:44:18,580 the users are doxxed. Here is NoSphere888. WorldPro 914 00:44:18,580 --> 00:44:20,620 Coordinator never touched XPUBs. If 915 00:44:20,620 --> 00:44:22,200 you don't run your own node, then your wallet 916 00:44:22,200 --> 00:44:25,020 provider has your XPUBs transaction history. Only 917 00:44:25,020 --> 00:44:29,600 10 to 15 % of users use Samurai's nodes. Here's 918 00:44:29,600 --> 00:44:31,380 Seth for Privacy. He's done a great job covering 919 00:44:31,380 --> 00:44:33,060 this, by the way. Highly recommend checking out his 920 00:44:33,060 --> 00:44:35,720 Twitter. All Samurai websites down, Git 921 00:44:35,720 --> 00:44:38,760 lab down, Coordinator down, can't even mix via Sparrow. 922 00:44:39,060 --> 00:44:41,240 A sad, sad day that has me 923 00:44:41,240 --> 00:44:44,120 shocked and in disbelief, but we won't stop fighting 924 00:44:44,120 --> 00:44:47,300 for our privacy. If you're using a Samurai 925 00:44:47,300 --> 00:44:50,220 wallet from F -Troid and sure auto updates are off, 926 00:44:50,460 --> 00:44:53,660 don't get any dodgy fed updates. You 927 00:44:53,660 --> 00:44:56,380 can restore your Samurai wallet and any BIP 39 928 00:44:56,380 --> 00:44:58,500 compatible wallet in order to access your Bitcoin 929 00:44:58,500 --> 00:45:01,300 using 12 words and a plus fast frades if you're not 930 00:45:01,300 --> 00:45:04,980 running your own node. So yes, this caught a lot of 931 00:45:04,980 --> 00:45:08,380 people by surprise, but at the same time, if you've 932 00:45:08,380 --> 00:45:11,020 been paying attention to what the state has been 933 00:45:11,020 --> 00:45:14,960 doing and the weaponization of the DOJ against privacy, 934 00:45:14,960 --> 00:45:17,800 then this should not have come as a surprise to you. 935 00:45:17,940 --> 00:45:19,280 They set the precedent with 936 00:45:19,280 --> 00:45:21,940 tornado cash and really what they're doing is 937 00:45:21,940 --> 00:45:23,660 they're following through. So, 938 00:45:23,860 --> 00:45:26,440 Seth had a couple original thoughts yesterday. He 939 00:45:26,440 --> 00:45:28,060 said, it won't end with Samurai. This 940 00:45:28,060 --> 00:45:29,900 is the separation of money and state. Did 941 00:45:29,900 --> 00:45:31,660 you think that they were going to go gently into 942 00:45:31,660 --> 00:45:33,660 that good night? This is just the beginning of 943 00:45:33,660 --> 00:45:36,960 the fight, Bitcoin or slavery. Then 944 00:45:36,960 --> 00:45:39,420 I came to the realization that it's not about money 945 00:45:39,420 --> 00:45:41,180 laundering. It's about setting an example 946 00:45:41,180 --> 00:45:43,560 just like they did with Ross and Assange. If 947 00:45:43,560 --> 00:45:45,640 you're not part of the political elite, you cannot 948 00:45:45,640 --> 00:45:48,460 do what they do. If you do, they'll put you in 949 00:45:48,460 --> 00:45:51,700 a box quite literally. Here is Jan Pritzker. Jan 950 00:45:51,700 --> 00:45:53,800 Pritzker is a co -founder of Swan. You 951 00:45:53,800 --> 00:45:55,820 had two things. Now again, we'd like to present 952 00:45:55,820 --> 00:46:00,220 you with all the kind of takes on this. I 953 00:46:00,220 --> 00:46:02,920 disagree with the second part a little bit, but I 954 00:46:02,920 --> 00:46:05,620 think it's important to include all opinions from 955 00:46:05,620 --> 00:46:07,700 the Bitcoin community. So there's two things can be 956 00:46:07,700 --> 00:46:09,060 true at the same time. Privacy 957 00:46:09,060 --> 00:46:11,620 is not a crime. There's a war on privacy and the 958 00:46:11,620 --> 00:46:14,340 proposed FinCEN rule that attempts to treat mixing as 959 00:46:14,340 --> 00:46:16,820 suspicious by default is creating reporting 960 00:46:16,820 --> 00:46:19,820 requirements on standard privacy practice, which even 961 00:46:19,820 --> 00:46:22,680 they themselves acknowledge has legitimate use. This 962 00:46:22,680 --> 00:46:25,040 is bad and is government overreach and should be 963 00:46:25,040 --> 00:46:27,260 fought. Samurai were doing a good job 964 00:46:27,260 --> 00:46:29,060 leading the charge in this fight. Two, 965 00:46:29,500 --> 00:46:32,360 is that a coincidence that they arrested the people 966 00:46:32,360 --> 00:46:35,220 that were leading the fight? I 967 00:46:35,220 --> 00:46:36,520 don't know. I'll leave it up to you guys 968 00:46:36,520 --> 00:46:40,400 to decide. Number two, the allegations against 969 00:46:40,400 --> 00:46:42,840 Samurai point to very specific things like tweets 970 00:46:42,840 --> 00:46:46,100 and investor materials that showed they welcomed and 971 00:46:46,100 --> 00:46:48,840 encouraged illicit actors to use their practice. If 972 00:46:48,840 --> 00:46:51,760 people haven't read the DOJ materials, they should. The 973 00:46:51,760 --> 00:46:53,520 PDF, not the press release. I 974 00:46:53,520 --> 00:46:55,640 heard people in spaces claim the government doesn't 975 00:46:55,640 --> 00:46:57,500 understand how the tech works. This 976 00:46:57,500 --> 00:47:00,120 is bullshit. Read the PDF where they describe 977 00:47:00,120 --> 00:47:02,360 exactly how it works, whether the centralized 978 00:47:02,360 --> 00:47:05,160 coordinator is actually money transmitting is 979 00:47:05,160 --> 00:47:07,980 probably a stretch. However, it doesn't seem a stretch 980 00:47:07,980 --> 00:47:10,220 that based on the evidence collected, they were 981 00:47:10,220 --> 00:47:13,240 encouraging users of dark net markets to use their 982 00:47:13,240 --> 00:47:16,320 service and marketing as such to investors and the 983 00:47:16,320 --> 00:47:18,880 public in tweets. As such, running a service 984 00:47:18,880 --> 00:47:21,400 that allegedly enabled money laundering, even non 985 00:47:21,400 --> 00:47:25,100 -custodally is where the DOJ is going after here. The 986 00:47:25,100 --> 00:47:28,460 war on privacy must be won by making privacy the 987 00:47:28,460 --> 00:47:31,680 default, but we must also approach this with maturity. 988 00:47:31,680 --> 00:47:33,880 Perhaps by building privacy tech 989 00:47:33,880 --> 00:47:36,840 that is decentralized rather than run by a VC funded 990 00:47:36,840 --> 00:47:39,760 American company and not going out of its way to 991 00:47:39,760 --> 00:47:42,460 market services to criminals. Alex 992 00:47:42,460 --> 00:47:44,840 Gladstein responded and he said, honestly, the 993 00:47:44,840 --> 00:47:47,660 allegations are pretty thin in the indictment. There 994 00:47:47,660 --> 00:47:50,720 are tweets that may or may not have been sarcastic and 995 00:47:50,720 --> 00:47:52,440 there are investors materials that referenced 996 00:47:52,440 --> 00:47:55,980 restricted markets can't put someone in prison for that. 997 00:47:55,980 --> 00:47:57,700 The most damning stuff related 998 00:47:57,700 --> 00:48:00,620 to hacker proceeds being mixed, but judge would 999 00:48:00,620 --> 00:48:03,380 likely need to see evidence samurai knew this was 1000 00:48:03,380 --> 00:48:07,360 happening. Now, again, I think it's it's 1001 00:48:07,360 --> 00:48:11,200 if the US government had the moral high ground to 1002 00:48:11,200 --> 00:48:15,220 say, listen, you know, they're laundering money and 1003 00:48:15,220 --> 00:48:17,900 no one could do this and everyone was playing by, 1004 00:48:18,140 --> 00:48:20,340 you know, the same set of rules. Maybe, 1005 00:48:20,520 --> 00:48:26,340 maybe you can make the argument that, OK, this was 1006 00:48:26,340 --> 00:48:29,380 justified, right? But I'll get to why I don't 1007 00:48:29,380 --> 00:48:30,720 believe that's the case. Here's 1008 00:48:30,720 --> 00:48:32,440 Whitney Webb. Whitney Webb has done an incredible 1009 00:48:32,440 --> 00:48:35,800 job covering a lot of government overreach and a 1010 00:48:35,800 --> 00:48:37,660 lot of the things that have been happening. Her 1011 00:48:37,660 --> 00:48:40,120 take on this is there's a war on financial privacy. 1012 00:48:40,400 --> 00:48:41,520 It will not magically stop 1013 00:48:41,520 --> 00:48:45,340 because you hold some BTC and number go up. Larry 1014 00:48:45,340 --> 00:48:49,260 markets like to totalitarian markets like totalitarian 1015 00:48:49,260 --> 00:48:51,660 governments think his cronies want to make 1016 00:48:51,660 --> 00:48:53,920 Bitcoin part of the programmable surveillance 1017 00:48:53,920 --> 00:48:56,120 digital money ecosystem. They 1018 00:48:56,120 --> 00:48:58,280 are winning right now. Here's 1019 00:48:58,280 --> 00:49:00,880 Edward Snowden's take. The Department of Justice has 1020 00:49:00,880 --> 00:49:03,380 once again criminalized the developers of an app that 1021 00:49:03,380 --> 00:49:05,360 restores financial privacy. The 1022 00:49:05,360 --> 00:49:09,240 way to fix this is the fix the way to fix this 1023 00:49:09,240 --> 00:49:11,980 is to make money private by default. Privacy 1024 00:49:11,980 --> 00:49:15,420 privacy must never be exceptional or they will 1025 00:49:15,420 --> 00:49:17,440 make it criminal. I think that's a really good 1026 00:49:17,440 --> 00:49:20,180 point. Here is Ryan Adams. He 1027 00:49:20,180 --> 00:49:22,100 said two more privacy developers in the US 1028 00:49:22,100 --> 00:49:25,400 arrested today. This time for building a Bitcoin 1029 00:49:25,400 --> 00:49:27,620 privacy service. Where does it stop? It 1030 00:49:27,620 --> 00:49:29,380 doesn't stop, by the way. Quote, 1031 00:49:29,460 --> 00:49:31,280 the samurai wallet developers should have known 1032 00:49:31,280 --> 00:49:33,340 you can't host a centralized operated mixer. 1033 00:49:33,700 --> 00:49:35,100 OK, well, the tornado cash 1034 00:49:35,100 --> 00:49:38,260 developers deployed privacy as immutable code. Nothing 1035 00:49:38,260 --> 00:49:40,620 centralized. They also got arrested. Up 1036 00:49:40,620 --> 00:49:43,660 to 25 years in private for writing code that helps 1037 00:49:43,660 --> 00:49:45,540 people keep transactions private. The 1038 00:49:45,540 --> 00:49:49,120 UN estimates banks facilitate nearly two 1039 00:49:49,120 --> 00:49:52,920 trillion in money laundering each year. Not 1040 00:49:52,920 --> 00:49:56,400 through a cost -illness code, but as willing 1041 00:49:56,400 --> 00:49:59,840 intermediaries. Dozens of major banks have been 1042 00:49:59,840 --> 00:50:02,240 fined billions of dollars for money laundering over 1043 00:50:02,240 --> 00:50:05,200 the past decade. How many bankers have you seen 1044 00:50:05,200 --> 00:50:08,040 go to jail? They're making an example of 1045 00:50:08,040 --> 00:50:10,400 Bitcoin and shitcoins because they don't want us 1046 00:50:10,400 --> 00:50:13,980 to have private peer -to -peer transactions. Not 1047 00:50:13,980 --> 00:50:16,220 by passing laws and democratically elected 1048 00:50:16,220 --> 00:50:19,320 chambers, not by issuing public guidelines. They 1049 00:50:19,320 --> 00:50:21,880 come to your house and take you away. Who's 1050 00:50:21,880 --> 00:50:24,260 safe from this regulatory terrorism? And 1051 00:50:24,260 --> 00:50:27,340 who's next? Zcash is a privacy preserving 1052 00:50:27,340 --> 00:50:30,140 blockchain. Aztec is a private layer too. 1053 00:50:30,480 --> 00:50:31,560 How about them? How 1054 00:50:31,560 --> 00:50:33,520 about their investors and users? And 1055 00:50:33,520 --> 00:50:35,400 then it goes on to talk to DeFi and all that 1056 00:50:35,400 --> 00:50:36,860 stuff. But this is a really good 1057 00:50:36,860 --> 00:50:39,340 point that Adams is making. And 1058 00:50:39,340 --> 00:50:42,080 let's actually kind of break down some of these 1059 00:50:42,080 --> 00:50:44,860 numbers. Samurai founders are nuns compared 1060 00:50:44,860 --> 00:50:48,080 to the bankers. Since 2000, regulators find banks 1061 00:50:48,080 --> 00:50:53,060 7 ,400 times totaling to fines of 380 billion for 1062 00:50:53,060 --> 00:50:55,680 various offenses. Why do banks keep doing it? 1063 00:50:55,760 --> 00:50:56,980 Because they see it as the cost 1064 00:50:56,980 --> 00:50:59,200 of doing business. They get a slap on the wrist, 1065 00:50:59,440 --> 00:51:02,480 pay the fine and continue doing what? Laundering 1066 00:51:02,480 --> 00:51:04,800 money. Either banking is criminal by 1067 00:51:04,800 --> 00:51:07,800 definition or the rules are broken. Why 1068 00:51:07,800 --> 00:51:12,000 aren't bank CEOs? Why did no banker go to jail 1069 00:51:12,000 --> 00:51:15,540 for 2008? Why are we held to different 1070 00:51:15,540 --> 00:51:18,100 fucking standards than they are? That's 1071 00:51:18,100 --> 00:51:20,280 the question that people should be asking. And 1072 00:51:20,280 --> 00:51:23,800 by the way, to put the cherry on top, the same 1073 00:51:23,800 --> 00:51:26,060 day that this is happening, and I don't think that 1074 00:51:26,060 --> 00:51:28,200 this is a coincidence, I think this is a message, 1075 00:51:28,200 --> 00:51:35,120 Biden calls for a record high 44 .6 % capital gains 1076 00:51:35,120 --> 00:51:41,980 tax, not to mention also a 25 % unrealized gains tax 1077 00:51:41,980 --> 00:51:45,800 as well. This is absolutely absurd. I 1078 00:51:45,800 --> 00:51:48,500 don't think that this is a country run by the people 1079 00:51:48,500 --> 00:51:51,180 for the people. I truly believe that this is 1080 00:51:51,180 --> 00:51:56,360 a country that has held its people hostage and it 1081 00:51:56,360 --> 00:52:00,120 perceives itself to be a quote unquote democracy. But 1082 00:52:00,120 --> 00:52:03,880 I think it's really the bureaucrats, the unelected 1083 00:52:03,880 --> 00:52:06,120 administrative state that's running the country and 1084 00:52:06,120 --> 00:52:09,580 holding everyone hostage and making an example of anyone 1085 00:52:09,580 --> 00:52:12,180 that is not playing within the system. Why 1086 00:52:12,180 --> 00:52:15,920 do bankers have a different set of rules? They 1087 00:52:15,920 --> 00:52:18,420 were mentioning numbers like 2 billion. That's 1088 00:52:18,420 --> 00:52:22,660 nothing compared to the money laundering that the 1089 00:52:22,660 --> 00:52:25,280 banks do. And they just get a slap on 1090 00:52:25,280 --> 00:52:27,660 the wrist for it. So why the different set of 1091 00:52:27,660 --> 00:52:30,500 rules? This is utter bullshit and you 1092 00:52:30,500 --> 00:52:32,680 have to call it out for what it is. And 1093 00:52:32,680 --> 00:52:35,900 our number one defense against this, and I would 1094 00:52:35,900 --> 00:52:39,340 say it's even it's defense and offense, is if people 1095 00:52:39,340 --> 00:52:43,140 just opt out and take self custody, stop partaking in 1096 00:52:43,140 --> 00:52:47,760 a system that treats you differently because you want 1097 00:52:47,760 --> 00:52:50,500 to use the money that doesn't steal from you. 1098 00:52:50,500 --> 00:52:53,160 Like that shouldn't be a crime, 1099 00:52:53,160 --> 00:52:56,400 right? And again, how long until they 1100 00:52:56,400 --> 00:53:00,240 say when you take self custody and you're sending 1101 00:53:00,240 --> 00:53:04,740 Bitcoin to whoever anywhere around the world, which I 1102 00:53:04,740 --> 00:53:06,380 have no idea how they're going to be able to 1103 00:53:06,380 --> 00:53:09,640 enforce US sanction policy on top of that, how long 1104 00:53:09,640 --> 00:53:12,000 until they call you a money transmitter? How 1105 00:53:12,000 --> 00:53:14,500 long until they tell you that you can only hold 1106 00:53:14,500 --> 00:53:17,060 Bitcoin on a hosted exchange? How 1107 00:53:17,060 --> 00:53:18,940 long until that happens? And 1108 00:53:18,940 --> 00:53:20,980 like clearly the writing is on the wall where this is 1109 00:53:20,980 --> 00:53:23,880 going. And it's absolutely absurd. And 1110 00:53:23,880 --> 00:53:25,980 I think it's enough time where Bitcoin or stop 1111 00:53:25,980 --> 00:53:29,460 infighting and stop fighting themselves and stop trying 1112 00:53:29,460 --> 00:53:32,640 to pass these bullshit purity tests and wake up 1113 00:53:32,640 --> 00:53:35,080 to the fucking reality of what is actually going on 1114 00:53:35,080 --> 00:53:37,440 here. This is the separation of money 1115 00:53:37,440 --> 00:53:39,880 and state. Wake the fuck up. Anyways, 1116 00:53:40,020 --> 00:53:41,720 Opti, what's your take? And then we'll pass it on to 1117 00:53:41,720 --> 00:53:46,180 our guest. Yeah, well, I think it's very 1118 00:53:46,180 --> 00:53:49,360 interesting first and foremost is that they are 1119 00:53:49,360 --> 00:53:52,380 using the exact same charges that they threw on 1120 00:53:52,380 --> 00:53:54,780 the tornado cash guys as they're using for the 1121 00:53:54,780 --> 00:53:57,760 samurai guys. And it really goes to what 1122 00:53:57,760 --> 00:53:59,300 we've been saying for a while. You 1123 00:53:59,308 --> 00:54:01,420 know, we knew this was coming, but also they 1124 00:54:01,420 --> 00:54:03,680 wouldn't be attacking samurai or rather privacy 1125 00:54:03,680 --> 00:54:06,020 in general. If one, they weren't afraid of 1126 00:54:06,020 --> 00:54:07,820 you guys transacting privately. And 1127 00:54:07,820 --> 00:54:10,040 again, privacy does not mean secrecy. It's 1128 00:54:10,040 --> 00:54:11,880 like you guys have curtains on your house. You 1129 00:54:11,880 --> 00:54:14,260 were closed. Like I don't know if I 1130 00:54:14,260 --> 00:54:16,860 necessarily believe in the idea of like privacy is a 1131 00:54:16,860 --> 00:54:20,900 human right, but it is a literal UN human right. I 1132 00:54:20,900 --> 00:54:23,360 think it's article 12 where you have the right to 1133 00:54:23,360 --> 00:54:25,920 privacy. And so it just goes to show 1134 00:54:25,920 --> 00:54:27,600 and this kind of goes back to everything we've been 1135 00:54:27,600 --> 00:54:29,680 saying for a while about them trying to censor 1136 00:54:29,680 --> 00:54:30,820 freedom of speech as well. It's 1137 00:54:30,820 --> 00:54:32,640 like they don't want you communicating. They 1138 00:54:32,640 --> 00:54:34,480 don't want you to transact privately. Like 1139 00:54:34,480 --> 00:54:35,900 they want to know everything about you, 1140 00:54:35,900 --> 00:54:39,180 especially in the digital gulags that we are heading 1141 00:54:39,180 --> 00:54:41,280 into the digital dystopia that we are finding 1142 00:54:41,280 --> 00:54:42,700 ourselves in. They want to know everything 1143 00:54:42,700 --> 00:54:45,520 about you because, you know, my reasons that 1144 00:54:45,520 --> 00:54:47,420 you're going to, we're going to stop criminal 1145 00:54:47,420 --> 00:54:49,600 activities and all this stuff. So 1146 00:54:49,600 --> 00:54:53,140 that's, I think, where we where this is happening. I 1147 00:54:53,140 --> 00:54:57,360 think this is a huge overreach by the government 1148 00:54:57,360 --> 00:54:59,440 because they're just terrified of Bitcoin winning 1149 00:54:59,440 --> 00:55:01,240 of you guys transacting. And, 1150 00:55:01,340 --> 00:55:04,940 you know, I know they didn't overtly acknowledge 1151 00:55:04,940 --> 00:55:07,000 Bitcoin is money, but how can you launder money 1152 00:55:07,000 --> 00:55:09,440 through Bitcoin if Bitcoin isn't money, which is one 1153 00:55:09,440 --> 00:55:11,840 of those like kind of funny gotchas through this. 1154 00:55:12,080 --> 00:55:14,680 And, you know, like, again, just 1155 00:55:14,680 --> 00:55:15,940 doubling down like they wouldn't have shut down 1156 00:55:15,940 --> 00:55:17,980 Samurai if it wasn't working. And 1157 00:55:17,980 --> 00:55:20,600 I really think that this is going to strice and 1158 00:55:20,600 --> 00:55:23,080 affect better privacy tools. And, 1159 00:55:23,260 --> 00:55:24,920 you know, I know there's been privacy war for the 1160 00:55:24,920 --> 00:55:28,060 last like two years on whether wasabi is better or 1161 00:55:28,060 --> 00:55:30,740 whether Samurai is better, or whether you guys should 1162 00:55:30,740 --> 00:55:33,280 learn right now to use joint market, all that 1163 00:55:33,280 --> 00:55:35,440 stuff. But I think this is going to 1164 00:55:35,440 --> 00:55:38,460 further put like a fire under the developers asses 1165 00:55:38,460 --> 00:55:41,580 out there to ensure that we have privacy tools that 1166 00:55:41,580 --> 00:55:44,380 cannot be shut down. And just to be completely 1167 00:55:44,380 --> 00:55:47,200 clear, I did read the whole PDF. And 1168 00:55:47,200 --> 00:55:50,980 it does seem like they kind of know how Samurai 1169 00:55:50,980 --> 00:55:54,120 works, but there is a lot of inconsistencies in the 1170 00:55:54,120 --> 00:55:55,740 article and I'm no privacy expert. I'm 1171 00:55:55,740 --> 00:55:57,480 no financial crimes expert. I'm 1172 00:55:57,480 --> 00:55:59,600 just a bit cornered that read the PDF. But, 1173 00:55:59,780 --> 00:56:02,320 you know, just again to be completely clear, like 1174 00:56:02,320 --> 00:56:05,740 Samurai was completely non custodial. So 1175 00:56:05,740 --> 00:56:09,060 at no point did Samurai actually custody user funds 1176 00:56:09,060 --> 00:56:12,700 or have control over user funds and especially did 1177 00:56:12,700 --> 00:56:15,280 not execute any transactions on behalf of the users. 1178 00:56:15,280 --> 00:56:17,240 It's completely self custodial 1179 00:56:17,240 --> 00:56:19,440 wallet. And this is why we've been 1180 00:56:19,440 --> 00:56:21,380 saying for a while that eventually this is going to 1181 00:56:21,380 --> 00:56:24,380 lead to them trying to stop you from using just 1182 00:56:24,380 --> 00:56:28,440 good Bitcoin practices and taking Bitcoin into custody. 1183 00:56:28,580 --> 00:56:29,580 Like this is where it's heading. 1184 00:56:30,060 --> 00:56:32,680 And this case is entirely 1185 00:56:32,680 --> 00:56:35,960 absurd as far as all the takes that I've been 1186 00:56:35,960 --> 00:56:39,100 reading and looking into. I did a lot of, you know, 1187 00:56:39,460 --> 00:56:42,040 back and forth people's tweets and articles and 1188 00:56:42,040 --> 00:56:45,060 podcasts since this news dropped. And 1189 00:56:45,060 --> 00:56:48,800 this should be loudly called absurd. Like 1190 00:56:48,800 --> 00:56:51,920 we should not be letting this go into that good 1191 00:56:51,920 --> 00:56:53,100 night. We should not be quieting 1192 00:56:53,100 --> 00:56:55,380 about this because the precedent that this can set 1193 00:56:55,380 --> 00:56:58,880 going forward for all self custody tools is completely 1194 00:56:58,880 --> 00:57:02,000 insane and not something that we can allow and just 1195 00:57:02,000 --> 00:57:04,940 kind of take like the implications of this 1196 00:57:04,940 --> 00:57:07,548 basically go down the line that Bitcoin is going to 1197 00:57:07,556 --> 00:57:10,380 be considered as money transmitters that lightning 1198 00:57:10,380 --> 00:57:11,660 nodes are going to be considered as money 1199 00:57:11,660 --> 00:57:14,020 transmitters that you're going to need to KYC and 1200 00:57:14,020 --> 00:57:16,740 AML. What's it self hosted wallets like 1201 00:57:16,740 --> 00:57:18,860 this is where they're leading. This 1202 00:57:18,860 --> 00:57:20,540 is why they're starting they started with tornado 1203 00:57:20,540 --> 00:57:23,140 cash. This is why they finally are 1204 00:57:23,140 --> 00:57:25,640 setting their sights on Samurai. And 1205 00:57:25,640 --> 00:57:28,900 one interesting thing about this whole debacle is that 1206 00:57:28,900 --> 00:57:32,740 Samurai led that one letter with like 12 other Bitcoin 1207 00:57:32,740 --> 00:57:35,920 companies in regards to coming to the defense of 1208 00:57:35,920 --> 00:57:38,100 tornado cash. And then what a year later 1209 00:57:38,100 --> 00:57:41,580 they come after Samurai guys in the Samurai devs 1210 00:57:41,580 --> 00:57:43,900 and the Samurai wallet itself. And 1211 00:57:43,900 --> 00:57:46,240 you know, I know my boys over at the bugle are 1212 00:57:46,240 --> 00:57:48,960 technically satire and they've been trolling 1213 00:57:48,960 --> 00:57:51,100 everyone about like comply harder. But 1214 00:57:51,100 --> 00:57:54,360 it just goes to show like if you try to comply, if 1215 00:57:54,360 --> 00:57:57,000 you try to work within their laws, they will turn 1216 00:57:57,000 --> 00:57:59,140 the laws against you and lock you up in a box. 1217 00:57:59,140 --> 00:58:00,860 Like this is this is the game. 1218 00:58:00,940 --> 00:58:02,820 It's rigged against you. And 1219 00:58:02,820 --> 00:58:05,300 until more people wake up to the fact that you have 1220 00:58:05,300 --> 00:58:07,400 the power out there as an individual and that these 1221 00:58:07,400 --> 00:58:10,060 institutions are corrupt and that they're doing whatever 1222 00:58:10,060 --> 00:58:12,520 they can to basically stop you from speaking freely, 1223 00:58:12,520 --> 00:58:15,740 from transacting freely, like nothing's ever going 1224 00:58:15,740 --> 00:58:17,400 to change. And this is why it's very 1225 00:58:17,400 --> 00:58:18,980 important for us to continue to have these 1226 00:58:18,980 --> 00:58:22,680 these conversations because the implications will 1227 00:58:22,680 --> 00:58:26,740 really, really hurt the whole Bitcoin movement in 1228 00:58:26,740 --> 00:58:28,940 general and shouts out to Whitney Webb. You 1229 00:58:28,940 --> 00:58:31,760 know, I tweeted the other day I watched the TFTC 1230 00:58:31,760 --> 00:58:34,160 with Whitney Webb and Mark Goodwin and I just tweeted 1231 00:58:34,160 --> 00:58:36,200 like dissident money over Wall Street bucks. Like 1232 00:58:36,200 --> 00:58:40,960 if you can't transact freely, if you comply with 1233 00:58:40,960 --> 00:58:44,200 Bitcoin becoming just Wall Street money, like a 1234 00:58:44,200 --> 00:58:46,000 Bitcoin's not what we thought it was. And 1235 00:58:46,000 --> 00:58:49,280 so this is a very important defining moment in 1236 00:58:49,280 --> 00:58:51,860 Bitcoin. This is definitely the then they 1237 00:58:51,860 --> 00:58:54,080 fight you stage. Like it's here. Focus 1238 00:58:54,080 --> 00:58:56,300 on the real enemy. Stop shooting each other in the 1239 00:58:56,300 --> 00:58:58,340 kneecaps while the great Leviathan is at the gate. 1240 00:58:58,620 --> 00:59:00,940 Like the real enemies have taken 1241 00:59:00,940 --> 00:59:03,020 notice of Bitcoin and whether they understand the 1242 00:59:03,020 --> 00:59:05,560 technicalities of Bitcoin, whether they, you know, 1243 00:59:05,960 --> 00:59:08,620 grok Bitcoin completely, they understand the 1244 00:59:08,620 --> 00:59:10,520 implications of the game being played. Again, 1245 00:59:10,660 --> 00:59:12,980 it's all about power. It will always be about power. 1246 00:59:13,020 --> 00:59:14,540 And the ultimate power comes 1247 00:59:14,540 --> 00:59:15,880 from controlling the money. Hence 1248 00:59:15,880 --> 00:59:19,060 why they're going to do whatever they can to hinder 1249 00:59:19,060 --> 00:59:21,600 Bitcoin. And, you know, oh, oh, yeah, 1250 00:59:21,660 --> 00:59:24,580 oh, one of my last notes and I'll end my rant. By 1251 00:59:24,580 --> 00:59:27,460 the way, guys, look into who the judges on this 1252 00:59:27,460 --> 00:59:30,140 samurai case and the other cases he's been a part of 1253 00:59:30,140 --> 00:59:32,120 a little a little fishy there. But 1254 00:59:32,120 --> 00:59:34,620 that's all I'll say because we're on YouTube. So 1255 00:59:34,620 --> 00:59:37,000 on that note, let's go to Andy. Andy, 1256 00:59:37,100 --> 00:59:38,440 what's your thoughts on this? Yeah, 1257 00:59:38,460 --> 00:59:40,440 you've both now addressed one of the biggest points 1258 00:59:40,440 --> 00:59:43,340 I wanted to make. I mean, $100 million of the 1259 00:59:43,340 --> 00:59:46,920 alleged laundered money is 5 % of the total to be 1260 00:59:46,920 --> 00:59:49,220 5%. So we have to understand the 1261 00:59:49,220 --> 00:59:51,260 tactic here, right? This is a clear ignorance of 1262 00:59:51,260 --> 00:59:53,620 the majority focusing on a small minority of bad 1263 00:59:53,620 --> 00:59:56,500 activity or bad actors to force the state into an 1264 00:59:56,500 --> 00:59:57,900 issue of basic privacy. Right. 1265 00:59:58,280 --> 01:00:00,560 And so the debate really isn't like whether or not 1266 01:00:00,560 --> 01:00:03,420 illicit activity could be perpetrated on a platform 1267 01:00:03,420 --> 01:00:05,200 like samurai. Of course, of course it could. 1268 01:00:05,300 --> 01:00:06,420 But therein lies the hypocrisy 1269 01:00:06,420 --> 01:00:08,540 of the government. I mean, but how much money 1270 01:00:08,540 --> 01:00:09,820 has been laundered through central banking? You 1271 01:00:09,828 --> 01:00:11,540 just showed the numbers in that tweet. How 1272 01:00:11,540 --> 01:00:13,980 many how much wire fraud has been committed by 1273 01:00:13,980 --> 01:00:16,340 public officials? I mean, it's just it's 1274 01:00:16,340 --> 01:00:18,120 infuriating right at this point. Right. 1275 01:00:18,600 --> 01:00:20,640 And so, you know, we just have to understand the 1276 01:00:20,640 --> 01:00:22,300 tactic, understand what's trying to happen here and 1277 01:00:22,300 --> 01:00:24,320 not ignore the downstream implications of such a 1278 01:00:24,320 --> 01:00:25,880 dangerous precedent being set. You 1279 01:00:25,880 --> 01:00:28,740 address this as well, but all financial privacy is on 1280 01:00:28,740 --> 01:00:30,180 the chopping block at this point. All 1281 01:00:30,180 --> 01:00:34,020 non KYC, all non custodial products are in the 1282 01:00:34,020 --> 01:00:35,780 crosshairs that has to be recognized. You 1283 01:00:35,780 --> 01:00:38,060 know, this is we actually talked a little bit before 1284 01:00:38,060 --> 01:00:41,160 going live around how maybe for some Bitcoin companies, 1285 01:00:41,160 --> 01:00:43,300 it's an immediate existential threat. Yeah. 1286 01:00:43,320 --> 01:00:44,980 Again, let's say the non custodial solutions, 1287 01:00:45,120 --> 01:00:48,580 certainly other folks with coin joined products. Right. 1288 01:00:50,120 --> 01:00:51,860 But maybe it's actually all of us. Right. 1289 01:00:51,900 --> 01:00:54,060 Even though we are not operating as Bitcoin, we're 1290 01:00:54,060 --> 01:00:56,760 not operating a coin joined service like this is 1291 01:00:56,760 --> 01:00:59,420 increasingly an existential crisis for us. You 1292 01:00:59,420 --> 01:01:01,480 know, we we are trying to build Bitcoin in our own 1293 01:01:01,480 --> 01:01:03,220 way. We're trying to support the space 1294 01:01:03,220 --> 01:01:05,880 in our own, you know, small way, right? But 1295 01:01:05,880 --> 01:01:09,120 when the attacks are coming from above and are so 1296 01:01:09,120 --> 01:01:13,420 large and are so daunting, like we need to be doing 1297 01:01:13,420 --> 01:01:18,080 more earlier on. Right. It's it's just we can't be 1298 01:01:18,080 --> 01:01:19,820 surprised at the situation now. Right. 1299 01:01:20,080 --> 01:01:23,520 But we need to do more than just get angry and 1300 01:01:23,520 --> 01:01:26,640 furious about it. 100 % mobilization has to be some 1301 01:01:26,640 --> 01:01:29,940 some collective work done across the ecosystem, 1302 01:01:29,940 --> 01:01:33,260 whether you're a product or a service or a crypto 1303 01:01:33,260 --> 01:01:36,520 product or service. Right. Like, let's put aside the 1304 01:01:36,520 --> 01:01:37,860 beef, the BS for now. Right. 1305 01:01:38,000 --> 01:01:39,680 Like, which chain is better? We 1306 01:01:39,680 --> 01:01:41,320 know what chain is better, but we know they want all 1307 01:01:41,320 --> 01:01:43,980 of us dead. Right. So how can we come 1308 01:01:43,980 --> 01:01:48,280 together to really push back on this and and fight 1309 01:01:48,280 --> 01:01:49,500 this battle, which ultimately is a battle for 1310 01:01:49,500 --> 01:01:52,260 privacy. Right. 100 % battle for privacy 1311 01:01:52,260 --> 01:01:54,680 and you can't have freedom without privacy. Right. 1312 01:01:54,680 --> 01:01:56,000 And can I can I jump in? Sorry, 1313 01:01:56,100 --> 01:02:00,320 Nico and Eric and Andy, like guys, remember Bitcoin 1314 01:02:00,320 --> 01:02:04,420 is speech, guys. Like if the politicians actually 1315 01:02:04,420 --> 01:02:06,500 cared about the Constitution, we all know 1316 01:02:06,500 --> 01:02:09,020 they don't. This is a free speech issue. 1317 01:02:09,220 --> 01:02:11,260 Literally, these guys wrote code. Like 1318 01:02:11,260 --> 01:02:13,900 that's all they did is they wrote code and now 1319 01:02:13,900 --> 01:02:15,040 they're in jail for this. Like 1320 01:02:15,040 --> 01:02:16,880 this isn't just an attack on privacy. This 1321 01:02:16,880 --> 01:02:20,220 is an attack on every single person's freedom. And 1322 01:02:20,220 --> 01:02:23,080 they want to ensure that every single one of you 1323 01:02:23,080 --> 01:02:25,280 are stuck in the digital dystopia. Like 1324 01:02:25,280 --> 01:02:29,360 this is where we are right now in the movie. Yeah. 1325 01:02:29,540 --> 01:02:34,900 100 % Eric, hit it. Yeah, for me, I'll take a second 1326 01:02:34,900 --> 01:02:38,960 for everyone in the audience and the, you know, 1327 01:02:39,000 --> 01:02:40,520 just everyone listening right now. Let's 1328 01:02:40,520 --> 01:02:43,780 take a second and chill out for a second. Take 1329 01:02:43,780 --> 01:02:51,060 a couple deep breaths. Everything 1330 01:02:51,060 --> 01:02:52,500 is going to be okay. Right. 1331 01:02:53,020 --> 01:02:55,480 We have people on our team that are fighting this 1332 01:02:55,480 --> 01:02:59,520 fight right now. And I believe in these freedom 1333 01:02:59,520 --> 01:03:03,060 fighters, honestly, Nico, Opti, Andy, everyone else 1334 01:03:03,060 --> 01:03:06,920 in my community right now that are behind Bitcoin and 1335 01:03:06,920 --> 01:03:09,680 behind the bigger fight, which is human freedom, 1336 01:03:10,480 --> 01:03:12,580 freedom of speech and all that. So 1337 01:03:12,588 --> 01:03:17,200 as long as I have my team on my side, man, I'm in 1338 01:03:17,200 --> 01:03:20,740 this fight. So that's kind of where I 1339 01:03:20,740 --> 01:03:23,080 want to leave it right now. Fat. 1340 01:03:24,060 --> 01:03:26,340 Guys, also, hold on. Sorry, Nico, I don't mean to cut 1341 01:03:26,340 --> 01:03:28,500 you off again, but I dropped the cypherpunk 1342 01:03:28,500 --> 01:03:30,120 manifesto in the chat and YouTube. Go 1343 01:03:30,120 --> 01:03:32,980 read it again today. This was written, what, like in 1344 01:03:32,980 --> 01:03:37,400 the 90s and it really is a good framing of what is 1345 01:03:37,400 --> 01:03:38,800 going on right now. Remember 1346 01:03:38,800 --> 01:03:40,420 why we do what we do. This 1347 01:03:40,420 --> 01:03:43,260 is what it's about. Yeah. This is the separation of 1348 01:03:43,260 --> 01:03:45,240 money in state ladies and gentlemen partake by taking 1349 01:03:45,240 --> 01:03:47,040 self custody. If enough of us do it, we 1350 01:03:47,040 --> 01:03:49,380 win. And, you know, these types of 1351 01:03:49,380 --> 01:03:51,780 events are going to continue to happen as time 1352 01:03:51,780 --> 01:03:54,880 progresses. So it should not come as a 1353 01:03:54,880 --> 01:03:57,420 surprise to you. And I think it's important to 1354 01:03:57,420 --> 01:04:00,420 remember even what what Andy was saying in regards 1355 01:04:00,420 --> 01:04:04,180 to coming together, you know, we're much stronger 1356 01:04:04,180 --> 01:04:06,980 this way. A lot of infighting. It's 1357 01:04:06,980 --> 01:04:08,920 specifically in the Bitcoin community. The 1358 01:04:08,920 --> 01:04:10,800 last, you know, two or three weeks and then 1359 01:04:10,800 --> 01:04:15,000 Pikachu face meme type of reaction like, oh my God, 1360 01:04:15,060 --> 01:04:17,820 it's like, yeah, dude, like you forget what's happening. 1361 01:04:18,060 --> 01:04:19,500 Like people forget what is 1362 01:04:19,500 --> 01:04:22,300 happening right now. And when you forget what's 1363 01:04:22,300 --> 01:04:25,880 happening, when you forget, like the circumstance, you 1364 01:04:25,880 --> 01:04:27,920 forget what you're up against. You're 1365 01:04:27,920 --> 01:04:31,520 you're you're up against a Leviathan, a machine, right? 1366 01:04:31,780 --> 01:04:34,760 The biggest collective of people 1367 01:04:34,760 --> 01:04:38,540 the world has ever seen 11 million people employed. If 1368 01:04:38,540 --> 01:04:41,000 you add the contractors, it goes up to 18 million, 1369 01:04:41,180 --> 01:04:42,800 right? We're in a country of 350 1370 01:04:42,800 --> 01:04:45,040 million people just to kind of give you an idea of 1371 01:04:45,040 --> 01:04:47,720 how big this system is, how big this machine is. 1372 01:04:47,720 --> 01:04:50,440 And this is a machine that 1373 01:04:50,440 --> 01:04:56,500 once again, exists because of the money printer and 1374 01:04:56,500 --> 01:05:00,320 Bitcoin is a fundamental threat to that. So 1375 01:05:00,328 --> 01:05:04,240 expecting that it won't react is completely naive, 1376 01:05:04,780 --> 01:05:08,040 right? But again, it's it's so simple 1377 01:05:08,040 --> 01:05:11,800 because all we got to do is just wake people up. We 1378 01:05:11,800 --> 01:05:14,800 show people the truth. We show people the truth about 1379 01:05:14,800 --> 01:05:17,860 Bitcoin. They take self custody. That's 1380 01:05:17,860 --> 01:05:19,500 it. You don't have to do anything 1381 01:05:19,500 --> 01:05:21,620 else. It's not like, you know, all 1382 01:05:21,620 --> 01:05:23,820 the other things like the separation of church and 1383 01:05:23,820 --> 01:05:26,840 church and state. Man, that was bloody like Holy 1384 01:05:26,840 --> 01:05:30,200 Cow. A lot of like that you read 1385 01:05:30,200 --> 01:05:32,260 read about the French Revolution like that was 1386 01:05:32,260 --> 01:05:35,140 not pretty man and the Napoleonic Wars that 1387 01:05:35,140 --> 01:05:38,080 followed that millions upon millions of people died 1388 01:05:38,080 --> 01:05:42,540 like it was not a, you know, a happy event to say 1389 01:05:42,540 --> 01:05:44,420 the least. This is a little bit different, 1390 01:05:44,600 --> 01:05:46,280 right? This is information narrative 1391 01:05:46,280 --> 01:05:48,440 trench warfare on the battlegrounds of the 1392 01:05:48,440 --> 01:05:50,780 Internet, right? All we got to do is wake up 1393 01:05:50,780 --> 01:05:52,320 people. That's all we got to do. We 1394 01:05:52,320 --> 01:05:54,500 just got to wake up people, bring them together. 1395 01:05:54,960 --> 01:05:56,220 It's not left first right. It's 1396 01:05:56,220 --> 01:05:58,100 not conservative versus liberal. It's 1397 01:05:58,100 --> 01:06:01,860 really the state and then you anyways everybody. Yeah, 1398 01:06:01,880 --> 01:06:03,280 go ahead. I'm going to interject real 1399 01:06:03,280 --> 01:06:06,280 quick. It's it's a call to arms, but 1400 01:06:06,280 --> 01:06:09,640 it's a peaceful resolution revolution right now. And 1401 01:06:09,640 --> 01:06:14,720 what you can do is the peaceful revolution is get 1402 01:06:14,720 --> 01:06:17,440 Bitcoin earn Bitcoin, whatever you can do get 1403 01:06:17,440 --> 01:06:20,660 Bitcoin in self custody, put it in a wallet and 1404 01:06:20,660 --> 01:06:23,240 you have the keys to it. And 1405 01:06:23,240 --> 01:06:26,820 from that, you determine your own destiny from 1406 01:06:26,820 --> 01:06:30,340 there. So from so as long as you 1407 01:06:30,340 --> 01:06:34,940 put Bitcoin in self custody, you make the 1408 01:06:34,940 --> 01:06:38,200 rules, you have the coin, you make the rules. And 1409 01:06:38,200 --> 01:06:40,760 that's kind of where I'm at in life right now. So 1410 01:06:40,760 --> 01:06:46,200 bring it on. 100%. 100 % owns a Bitcoin makes the 1411 01:06:46,200 --> 01:06:48,800 rules. Yeah, I think that's true. It's 1412 01:06:48,800 --> 01:06:50,600 so true. You can't you can't tell me 1413 01:06:50,600 --> 01:06:53,600 I've been to bank twice my life so far from major 1414 01:06:53,600 --> 01:06:56,840 banks. And you can't you can't tell 1415 01:06:56,840 --> 01:06:58,620 me what to do anymore. Absolutely. 1416 01:06:58,900 --> 01:07:00,800 Now you got to empower yourself and you do that 1417 01:07:00,800 --> 01:07:02,320 by taking self custody. Everybody 1418 01:07:02,320 --> 01:07:04,340 I do want to give a shout out to one of our 1419 01:07:04,340 --> 01:07:05,780 sponsors. Of course, I'm talking about 1420 01:07:05,780 --> 01:07:08,600 the orange plop stock friends who stack sats. 1421 01:07:08,600 --> 01:07:09,800 It's probably a pretty good idea 1422 01:07:09,800 --> 01:07:14,300 to build up that that Rolodex of fellow Bitcoiners 1423 01:07:14,300 --> 01:07:17,640 orange plop is the Bitcoin social layer. You 1424 01:07:17,640 --> 01:07:20,720 download it, you open up the app, and it's a very 1425 01:07:20,720 --> 01:07:23,560 clever filtration system. So you'll only find fellow 1426 01:07:23,560 --> 01:07:26,480 Bitcoiners that are on the app has this geographical 1427 01:07:26,480 --> 01:07:28,700 thing where if you move to a new city, you're 1428 01:07:28,700 --> 01:07:30,380 traveling, you don't know any Bitcoiners around the 1429 01:07:30,380 --> 01:07:31,860 area. It will literally tell you 1430 01:07:31,860 --> 01:07:34,280 what Bitcoiners are near you. So 1431 01:07:34,280 --> 01:07:35,780 it's a great resource. Download 1432 01:07:35,780 --> 01:07:38,140 the orange plop, connect with fellow Bitcoiners. 1433 01:07:38,260 --> 01:07:40,560 Great resource to create Bitcoin 1434 01:07:40,560 --> 01:07:43,800 only events as well. And also the simply Bitcoin 1435 01:07:43,800 --> 01:07:46,460 group chat on the orange plop is absolutely popping. 1436 01:07:47,020 --> 01:07:48,560 You can join it by checking 1437 01:07:48,560 --> 01:07:50,180 the link in the video description. It's 1438 01:07:50,180 --> 01:07:52,480 one of the best ways to reach Opti and myself. 1439 01:07:52,900 --> 01:07:55,200 Alright everybody, let's get to the 1440 01:07:55,200 --> 01:07:58,320 culture to talk to Andy and Eric. Let's 1441 01:07:58,320 --> 01:08:01,980 check it out. Here we go. The 1442 01:08:01,980 --> 01:08:10,660 Daily Culture I want to give a shout out to our 1443 01:08:10,660 --> 01:08:14,200 sponsor, KB Max. They're the most trusted place to 1444 01:08:14,200 --> 01:08:17,120 buy, sell, and host mining equipment. What 1445 01:08:17,120 --> 01:08:19,300 you can do is you can scan the QR code or check 1446 01:08:19,300 --> 01:08:21,000 the link in the video description. It 1447 01:08:21,000 --> 01:08:24,180 will take you directly to their telegram marketplace 1448 01:08:24,180 --> 01:08:26,460 where you can check out their inventory and connect 1449 01:08:26,460 --> 01:08:28,060 with a member of their sales team. They 1450 01:08:28,060 --> 01:08:29,939 make purchasing their products easy and 1451 01:08:29,939 --> 01:08:32,120 transparent. You could also sell your mining 1452 01:08:32,120 --> 01:08:35,000 equipment with them, access their vast network of 1453 01:08:35,000 --> 01:08:37,920 domestic and international customers when you sell 1454 01:08:37,920 --> 01:08:39,700 your mining equipment with KB Max. This 1455 01:08:39,700 --> 01:08:42,939 is where I personally buy my Bitcoin mining A6. I 1456 01:08:42,939 --> 01:08:44,500 can't recommend them enough. Check 1457 01:08:44,500 --> 01:08:48,740 out KB Max today. Scan the QR code or check the 1458 01:08:48,740 --> 01:08:50,740 link in the video description. Opti, 1459 01:08:50,899 --> 01:08:52,859 it's all yours, my friend. Alright, 1460 01:08:52,859 --> 01:08:57,960 let's go. Before we pull this up, let's 1461 01:08:57,960 --> 01:09:02,979 start with Andy. What is Bitcoin or Talent Co? 1462 01:09:04,399 --> 01:09:05,540 What are you guys working on? 1463 01:09:06,240 --> 01:09:07,479 Why should the people care? 1464 01:09:07,800 --> 01:09:09,340 What's the mission? In 1465 01:09:09,340 --> 01:09:14,399 short, Bitcoin Talent Co is the first Bitcoin -focused 1466 01:09:14,399 --> 01:09:17,060 recruiting platform providing both products and services 1467 01:09:17,060 --> 01:09:19,180 for companies in a Bitcoin landscape looking to hire. 1468 01:09:20,360 --> 01:09:21,640 Real quickly, my background is 1469 01:09:21,640 --> 01:09:22,819 in recruiting. This is what I've done 1470 01:09:22,819 --> 01:09:24,740 throughout my whole career, usually in a tech company 1471 01:09:24,740 --> 01:09:26,920 setting. As all the experience, all 1472 01:09:26,920 --> 01:09:30,479 that expertise gained in a decade and a half of 1473 01:09:30,479 --> 01:09:34,120 working in tech, bringing that to Bitcoin, which is 1474 01:09:34,120 --> 01:09:35,800 my obsession at this point. Really 1475 01:09:35,800 --> 01:09:39,560 seeking to provide a way for companies in Canada to 1476 01:09:39,560 --> 01:09:42,160 connect. Increasingly so, finding a way to bring 1477 01:09:42,160 --> 01:09:43,899 more people into Bitcoin. More 1478 01:09:43,899 --> 01:09:45,680 people being interested in Bitcoin such that they 1479 01:09:45,680 --> 01:09:47,100 eventually want to work in Bitcoin. That's 1480 01:09:47,100 --> 01:09:50,319 a big focus for the team at this point as well. 1481 01:09:51,099 --> 01:09:52,720 Services -wise, not reinventing the 1482 01:09:52,720 --> 01:09:54,520 wheel. Again, providing retained search 1483 01:09:54,520 --> 01:09:56,080 and embedded recruiting services for companies. 1484 01:09:56,480 --> 01:09:57,980 Really drawing that line in the 1485 01:09:57,980 --> 01:09:59,820 sand, even naming the company as such. Really 1486 01:09:59,820 --> 01:10:02,240 focused purely on supporting the Bitcoin landscape 1487 01:10:02,240 --> 01:10:05,040 broadly. No crypto, no Web3, nothing 1488 01:10:05,040 --> 01:10:07,560 like that. Last thing I'll add too is 1489 01:10:07,560 --> 01:10:10,140 pretty prescient with the news that we've been 1490 01:10:10,140 --> 01:10:11,560 talking about all day. Bitcoin 1491 01:10:11,560 --> 01:10:15,600 increasingly is being mindful of privacy tech at 1492 01:10:15,600 --> 01:10:17,780 large and open source landscape. We 1493 01:10:17,780 --> 01:10:19,320 as a business, though, obviously Bitcoin is the 1494 01:10:19,320 --> 01:10:21,380 focus. These areas, these efforts are 1495 01:10:21,380 --> 01:10:23,140 things that we want to support and help those 1496 01:10:23,140 --> 01:10:27,440 projects, companies, etc. to grow as well. Love 1497 01:10:27,440 --> 01:10:28,220 it. Love it. Okay, 1498 01:10:28,300 --> 01:10:30,400 I'll pull up the website, but we did get someone in 1499 01:10:30,400 --> 01:10:33,380 the chat that asked and I saw Eric in the private 1500 01:10:33,380 --> 01:10:34,960 chat say, let's acknowledge this. Someone 1501 01:10:34,960 --> 01:10:37,540 asked, how do I get a Bitcoin remote job? So 1502 01:10:37,540 --> 01:10:39,300 I'll pull up the website and you can take it if 1503 01:10:39,300 --> 01:10:42,760 you want, Eric. Yeah, sure. This 1504 01:10:42,760 --> 01:10:45,640 is something I'm very passionate about. I 1505 01:10:45,648 --> 01:10:49,260 was working as a civil engineer for about three 1506 01:10:49,260 --> 01:10:54,380 years after school and I quit to come join the 1507 01:10:54,380 --> 01:10:58,120 Bitcoin revolution and since then my life has paid off 1508 01:10:58,120 --> 01:11:02,300 10X. I'm a free man now and 1509 01:11:02,300 --> 01:11:05,920 starting out, I did a Bitcoin education company 1510 01:11:05,920 --> 01:11:08,400 called Bitcoin ADU. You can go to my sub stack 1511 01:11:08,400 --> 01:11:11,400 and see that. I've written a bunch of posts 1512 01:11:11,400 --> 01:11:14,580 about that, general Bitcoin education. But 1513 01:11:14,580 --> 01:11:17,860 from there, I worked for Bitcoin magazine for about 1514 01:11:17,860 --> 01:11:20,060 a year and a half, two years. So 1515 01:11:20,060 --> 01:11:22,760 I got to see the ins and outs of the Bitcoin 1516 01:11:22,760 --> 01:11:25,440 industry. And that's right around the 1517 01:11:25,440 --> 01:11:27,300 time Andy reached out to me and he said, I had 1518 01:11:27,300 --> 01:11:30,320 this crazy idea for a Bitcoin recruiting company. 1519 01:11:32,039 --> 01:11:34,080 And I was very responding to 1520 01:11:34,080 --> 01:11:35,620 it. I was like, this sounds like 1521 01:11:35,620 --> 01:11:38,580 a really, really good idea right now because the 1522 01:11:38,580 --> 01:11:42,440 Bitcoin industry, you have to realize in 2017, 2018, 1523 01:11:42,940 --> 01:11:46,900 the idea of a Bitcoin company didn't exist. It 1524 01:11:46,900 --> 01:11:52,320 was all crypto. And we had to kind of like 1525 01:11:52,320 --> 01:11:54,420 draw a line in the sand. So 1526 01:11:54,420 --> 01:11:56,800 Bitcoin magazine, I'll give them credit, they were one 1527 01:11:56,800 --> 01:11:59,920 of the first to draw that line in the sand and say 1528 01:11:59,920 --> 01:12:02,380 we are a Bitcoin company, we're only focusing on 1529 01:12:02,380 --> 01:12:05,800 Bitcoin right now. So I learned a lot through 1530 01:12:05,800 --> 01:12:07,060 there. You know, I worked with some 1531 01:12:07,060 --> 01:12:13,380 of the greats, Rizzo, Dillmuclare, Germano, and 1532 01:12:13,380 --> 01:12:16,740 etc. David Bailey, and think what you 1533 01:12:16,740 --> 01:12:21,040 want about them. But at least for me, I was 1534 01:12:21,040 --> 01:12:24,620 able to get an insight into what is the Bitcoin 1535 01:12:24,620 --> 01:12:26,980 industry like and who do you want to work with, 1536 01:12:27,080 --> 01:12:28,840 right? Do you want to take on 1537 01:12:28,840 --> 01:12:31,140 sponsors that are crypto? Do 1538 01:12:31,140 --> 01:12:33,260 you want to take on sponsors that are more 1539 01:12:33,260 --> 01:12:36,380 Bitcoin focused? And you have to kind of 1540 01:12:36,380 --> 01:12:39,620 balance that in a way. And if you go too far on the 1541 01:12:39,620 --> 01:12:43,060 crypto edge, then people turn against you. If 1542 01:12:43,060 --> 01:12:45,780 you go too far on the Bitcoin edge, then you 1543 01:12:45,780 --> 01:12:48,780 probably won't make enough money at least at the time 1544 01:12:48,780 --> 01:12:50,980 being. So I saw both ends of the 1545 01:12:50,980 --> 01:12:54,320 spectrum. And now being in Bitcoin talent 1546 01:12:54,320 --> 01:12:57,860 co. Our whole goal really is to 1547 01:12:57,860 --> 01:13:00,500 build this entire industry. And 1548 01:13:00,500 --> 01:13:05,120 so let's think of the idea of a tech executive or 1549 01:13:05,120 --> 01:13:07,960 someone below that, a software engineer within 1550 01:13:07,960 --> 01:13:11,600 Google, right? They're interested in Bitcoin. They 1551 01:13:11,600 --> 01:13:13,920 don't know how to get a job in Bitcoin. They 1552 01:13:13,920 --> 01:13:15,260 don't know how to contribute to the Bitcoin 1553 01:13:15,260 --> 01:13:18,280 space. But we're trying to provide 1554 01:13:18,280 --> 01:13:22,360 that platform for them so they can, they can, we can 1555 01:13:22,360 --> 01:13:25,260 be the conduit in a way to get them into the 1556 01:13:25,260 --> 01:13:28,080 industry and they can do their thing. So 1557 01:13:28,080 --> 01:13:30,600 whether that be join a company, start their own 1558 01:13:30,600 --> 01:13:34,020 business, whatever it may be, we're here to help. 1559 01:13:34,820 --> 01:13:38,260 And after that, give it 510 1560 01:13:38,260 --> 01:13:41,560 years. These people will make the 1561 01:13:41,560 --> 01:13:44,700 industry. So our goal, I think overall 1562 01:13:44,700 --> 01:13:46,760 is really to bring the best talent into the 1563 01:13:46,760 --> 01:13:49,080 Bitcoin industry. And that's where our minds are 1564 01:13:49,080 --> 01:13:53,640 set on right now. Yo, I want to hijack this for 1565 01:13:53,640 --> 01:13:56,700 a sec. So I see people in the chat 1566 01:13:56,700 --> 01:14:01,880 like our man and David Bailey and Opti was Samurai 1567 01:14:01,880 --> 01:14:03,520 Docs and proud of it. Little 1568 01:14:03,520 --> 01:14:06,360 David Bailey is great. Like, 1569 01:14:06,360 --> 01:14:09,180 did you just forget what we just talked about for 1570 01:14:09,180 --> 01:14:12,820 like 30 minutes? Like, no, no, no, no, no, I 1571 01:14:12,820 --> 01:14:15,180 like I'm not talking about I'm not talking to you 1572 01:14:15,180 --> 01:14:17,380 directly, Eric. I'm talking to the chat like, 1573 01:14:17,420 --> 01:14:20,040 like, like literally like the end fighting. Did 1574 01:14:20,040 --> 01:14:22,220 you forget what we just spoke about? Right? 1575 01:14:22,480 --> 01:14:24,900 Like, did did did everyone just forget? Like 1576 01:14:24,900 --> 01:14:26,420 everyone just forgot, right? Everyone's 1577 01:14:26,420 --> 01:14:29,340 like, oh, David. Like, like, no, US government 1578 01:14:29,340 --> 01:14:32,480 cool, like, sweet, they're, they're majestic. They're 1579 01:14:32,480 --> 01:14:35,300 amazing. Let's focus on Bitcoin magazine. 1580 01:14:35,740 --> 01:14:37,320 Hell yeah, let's fucking go. 1581 01:14:37,940 --> 01:14:39,820 Like, guys, like, you're not 1582 01:14:39,820 --> 01:14:42,400 thinking clearly. Like, you're not thinking you're 1583 01:14:42,400 --> 01:14:45,440 not using your head. You don't understand what's 1584 01:14:45,440 --> 01:14:48,080 happening. And you're rather focused on 1585 01:14:48,080 --> 01:14:51,180 the collective hive mind of like, oh my God, look, 1586 01:14:51,860 --> 01:14:53,720 first of all, love the guys of Bitcoin magazine. 1587 01:14:54,280 --> 01:14:55,560 Love the guys over at Swan. 1588 01:14:55,960 --> 01:14:56,880 Love the guys over at the 1589 01:14:56,880 --> 01:14:59,140 Bitcoin companies. They're going to take different 1590 01:14:59,140 --> 01:15:02,520 decisions as businesses, right? And 1591 01:15:02,520 --> 01:15:04,800 let the free market determine who's going to 1592 01:15:04,800 --> 01:15:08,720 win, right? But understand who the opponent 1593 01:15:08,720 --> 01:15:10,440 is. And if you're going to in 1594 01:15:10,440 --> 01:15:13,720 fight with other fellow Bitcoiners that are building 1595 01:15:13,720 --> 01:15:15,800 on Bitcoin, they might, they might do it 1596 01:15:15,800 --> 01:15:17,540 differently than you do. Then 1597 01:15:17,540 --> 01:15:22,460 go start your own f -ing company and go and see how 1598 01:15:22,460 --> 01:15:24,620 hard it is. I promise you, it's a lot 1599 01:15:24,620 --> 01:15:27,280 more difficult than you than you think, right? 1600 01:15:27,700 --> 01:15:29,340 Yeah, all that being said, it 1601 01:15:29,340 --> 01:15:31,200 doesn't like, I get it. Criticism 1602 01:15:31,200 --> 01:15:33,240 is good. Criticism is fine. You 1603 01:15:33,240 --> 01:15:35,180 know, like again, someone else in the thing. Like, 1604 01:15:35,180 --> 01:15:37,820 BTC mag is a shit -coing company and worth fighting 1605 01:15:37,820 --> 01:15:39,320 too. Okay, cool. You 1606 01:15:39,320 --> 01:15:41,800 can do that. You're going to fight a private 1607 01:15:41,800 --> 01:15:44,440 corporation, a private company, right? How 1608 01:15:44,440 --> 01:15:46,120 are you going to fight them? You 1609 01:15:46,120 --> 01:15:47,780 know how you fight in the free market? You 1610 01:15:47,780 --> 01:15:49,980 create your own company, right? And 1611 01:15:49,980 --> 01:15:52,700 then you become a competitor, right? That's 1612 01:15:52,700 --> 01:15:56,220 how you do it. And until then, I mean, you're 1613 01:15:56,220 --> 01:15:58,880 basically an and on a nobody. So 1614 01:15:58,880 --> 01:16:02,760 show up, build a company, make some presence. And 1615 01:16:02,760 --> 01:16:05,500 then when the time's right, maybe you'll take over 1616 01:16:05,500 --> 01:16:07,160 them. And I'd be happy to support 1617 01:16:07,160 --> 01:16:10,220 you when that time comes. 100 % not even start a 1618 01:16:10,220 --> 01:16:12,280 company, man. I think like, you know, 1619 01:16:12,280 --> 01:16:14,400 obviously we're focused on bringing more people in and 1620 01:16:14,400 --> 01:16:16,940 all that, but it's like, just, just make the 1621 01:16:16,940 --> 01:16:18,580 decisions you want to make support buy from the 1622 01:16:18,580 --> 01:16:20,980 exchange you want to buy from, you know, read the 1623 01:16:20,980 --> 01:16:23,000 media source you want to read from, right? Like, 1624 01:16:23,140 --> 01:16:25,580 whatever, man, like do the thing you want to do. But 1625 01:16:25,580 --> 01:16:27,160 that point is exactly right. This 1626 01:16:27,160 --> 01:16:29,980 is a very binary like, at this point, especially, 1627 01:16:30,140 --> 01:16:31,940 right? Are you, are you for or 1628 01:16:31,940 --> 01:16:34,900 against privacy? Are you for or against Bitcoin? 1629 01:16:35,340 --> 01:16:35,860 Right? I don't care what your 1630 01:16:35,860 --> 01:16:37,680 vision of Bitcoin is at this point, right? Maybe 1631 01:16:37,680 --> 01:16:38,980 maybe I'm guilty of it. I'm 1632 01:16:38,980 --> 01:16:41,480 guilty of saying like, Oh, that's, that's not real 1633 01:16:41,480 --> 01:16:43,960 Bitcoin or ordinals or NFT, whatever, right? Like, 1634 01:16:44,420 --> 01:16:46,140 I'm guilty of it. But but I think, you know, 1635 01:16:46,200 --> 01:16:47,940 recognizing today moving forward, like, are you for 1636 01:16:47,940 --> 01:16:49,940 against Bitcoin? We can once we're on the 1637 01:16:49,940 --> 01:16:51,500 other side of that hill, man, once we're finding the 1638 01:16:51,500 --> 01:16:53,360 promised land, we can decide or we can continue 1639 01:16:53,360 --> 01:16:56,780 the bickering, right? But like, let's, let's all come 1640 01:16:56,780 --> 01:16:58,720 together to fight the ultimate boss here, right? 1641 01:16:59,200 --> 01:17:01,260 100 % Like once we get over 1642 01:17:01,260 --> 01:17:03,520 the hill, right, you know, we can go back to the 1643 01:17:03,520 --> 01:17:06,620 purity tests, right? But if you guys are in the 1644 01:17:06,620 --> 01:17:09,560 chat, like just bitching about, you know, a private 1645 01:17:09,560 --> 01:17:12,340 company's own to sit business decisions, right? 1646 01:17:12,580 --> 01:17:13,780 And by the way, there's fellow 1647 01:17:13,780 --> 01:17:17,920 Bitcoin content creators that choose to, you know, 1648 01:17:18,280 --> 01:17:20,360 align with certain people, they choose to partner up 1649 01:17:20,360 --> 01:17:21,700 with certain companies. That's 1650 01:17:21,700 --> 01:17:23,780 a business decision. If you think you could do it 1651 01:17:23,780 --> 01:17:26,180 better, start your own company. And 1652 01:17:26,180 --> 01:17:29,520 I promise you, it's significantly harder than 1653 01:17:29,520 --> 01:17:32,260 what you think it's going to be, right? So 1654 01:17:32,260 --> 01:17:34,440 like, compete on the free market. If 1655 01:17:34,440 --> 01:17:37,500 you think that there's an opportunity because another 1656 01:17:37,500 --> 01:17:39,760 country, another company you think is going in the 1657 01:17:39,760 --> 01:17:42,640 wrong direction, compete on the free market. But 1658 01:17:42,640 --> 01:17:45,300 going and trying to eat your own while we're 1659 01:17:45,300 --> 01:17:47,840 literally getting attacked by the state and the state 1660 01:17:47,840 --> 01:17:51,600 is literally locking us in a box because some dudes 1661 01:17:51,600 --> 01:17:54,300 like decided to write code and you're like, oh my 1662 01:17:54,300 --> 01:17:57,600 God, they don't pass my my moral purity tests like 1663 01:17:57,600 --> 01:18:00,980 holy cow, my moral virtue, it's melting. How 1664 01:18:00,980 --> 01:18:03,440 bad is this? Like, dude, like wake the f up, 1665 01:18:03,480 --> 01:18:06,200 man. Like, there's a clear and present 1666 01:18:06,200 --> 01:18:08,620 danger and you're focused on the other side. You're 1667 01:18:08,620 --> 01:18:10,560 looking at the other side and being like, oh my God, 1668 01:18:10,560 --> 01:18:13,100 there's a giant fucking ape that wants to tear your 1669 01:18:13,100 --> 01:18:15,900 metaphorical head off. And you're not paying attention 1670 01:18:15,900 --> 01:18:17,660 to him. Like, dude, you guys are naive. 1671 01:18:18,240 --> 01:18:20,520 Like literally wake up, wake up 1672 01:18:20,520 --> 01:18:22,320 to what is happening. I'm sorry, man. I 1673 01:18:22,320 --> 01:18:25,260 think that transitions to what Bitcoin talent goes 1674 01:18:25,260 --> 01:18:27,840 all about, honestly. And we are supporting Bitcoin 1675 01:18:27,840 --> 01:18:30,600 companies. I mean, no matter your 1676 01:18:30,600 --> 01:18:33,180 background, as long as you're in this fight with 1677 01:18:33,180 --> 01:18:36,760 us and you see Bitcoin as kind of that North Star 1678 01:18:36,760 --> 01:18:39,260 that freedom technology, then we're on your side. 1679 01:18:39,380 --> 01:18:41,220 So I'd like to go there for 1680 01:18:41,220 --> 01:18:44,500 a second and say I am on everyone who supports 1681 01:18:44,500 --> 01:18:46,840 Bitcoin and freedom technology. I'm 1682 01:18:46,840 --> 01:18:50,680 on your side. 100 % wait, there's a comment. There's 1683 01:18:50,680 --> 01:18:52,860 a comment. Why does everyone have to start 1684 01:18:52,860 --> 01:18:55,460 a competing company? We can also just attack our 1685 01:18:55,460 --> 01:18:58,060 adversaries as well. So you're attacking a private 1686 01:18:58,060 --> 01:19:01,340 business, right? That sounds like some commie ass 1687 01:19:01,340 --> 01:19:08,460 type of shit in my opinion, bro. Like, 1688 01:19:08,460 --> 01:19:12,480 they probably never started a business. Attack 1689 01:19:12,480 --> 01:19:15,020 your adversary like, okay, if it's your adversary, 1690 01:19:15,060 --> 01:19:16,820 then don't buy their products. Don't 1691 01:19:16,820 --> 01:19:19,260 use their stuff. Like you could totally do that 1692 01:19:19,260 --> 01:19:22,040 as a consumer and say, I'm not I choose not to 1693 01:19:22,040 --> 01:19:24,680 participate in using their products and using their 1694 01:19:24,680 --> 01:19:27,300 stuff. Right? Like that, like that's what 1695 01:19:27,300 --> 01:19:30,160 you can do as a consumer in a capitalistic society. 1696 01:19:30,180 --> 01:19:31,900 If you really dislike them, 1697 01:19:31,900 --> 01:19:34,820 then start your own enterprise and then compete 1698 01:19:34,820 --> 01:19:36,860 on the free and open market. But 1699 01:19:36,860 --> 01:19:38,740 if you're just trying to compete, if you're just 1700 01:19:38,740 --> 01:19:41,640 trying to pull down a private corporation because 1701 01:19:41,640 --> 01:19:45,380 of their business decisions, like that doesn't sound 1702 01:19:45,380 --> 01:19:47,360 very capitalistic to me, my friend. That 1703 01:19:47,360 --> 01:19:50,120 sounds some some very communistic to me, in my 1704 01:19:50,120 --> 01:19:53,200 opinion. Anyways, I'd like to reframe the 1705 01:19:53,200 --> 01:19:56,000 conversation and talk about Bitcoin, Tallica. All 1706 01:19:56,000 --> 01:19:56,800 right. All right. So 1707 01:19:56,800 --> 01:20:00,020 thank you. If someone out there is 1708 01:20:00,020 --> 01:20:02,680 looking to get into a job at a Bitcoin company, 1709 01:20:02,780 --> 01:20:05,840 what's the process? How does this work? Yeah, 1710 01:20:05,880 --> 01:20:08,660 I mean, the simplest thing we can do is direct people 1711 01:20:08,660 --> 01:20:10,460 to our job board. Right. So if you put the website 1712 01:20:10,460 --> 01:20:12,500 again, you'll see the job board link at the, you 1713 01:20:12,500 --> 01:20:15,580 know, the header there, continuing to add jobs more 1714 01:20:15,580 --> 01:20:16,720 and more. So companies have been posting 1715 01:20:16,720 --> 01:20:18,900 over the past week even. So 1716 01:20:18,900 --> 01:20:21,200 that's as best as possible, have the most up to date 1717 01:20:21,200 --> 01:20:23,120 list of these are active clients, right? You 1718 01:20:23,120 --> 01:20:24,600 know, that are currently working with us. We 1719 01:20:24,600 --> 01:20:27,020 have connections with those businesses. You 1720 01:20:27,020 --> 01:20:29,440 can apply exactly right there. You 1721 01:20:29,440 --> 01:20:31,900 can also sign up for the platform so that you can 1722 01:20:31,900 --> 01:20:33,920 put your information in there. So 1723 01:20:33,920 --> 01:20:36,380 we can always understand which opportunities to match 1724 01:20:36,380 --> 01:20:37,420 you with. You can sign up for job 1725 01:20:37,420 --> 01:20:39,580 alerts, all that's right there front center. That's 1726 01:20:39,580 --> 01:20:42,040 just step one. That's the easiest way. Beyond 1727 01:20:42,040 --> 01:20:43,680 that, you have some of the things that people start to 1728 01:20:43,680 --> 01:20:47,020 ask is, well, what kinds of jobs are available or 1729 01:20:47,020 --> 01:20:48,420 how can I best position myself? And 1730 01:20:48,420 --> 01:20:50,640 one point that I always make, I just really, really 1731 01:20:50,640 --> 01:20:53,120 want to kind of drive this message home is that 1732 01:20:53,120 --> 01:20:57,020 increasingly the opportunities in Bitcoin are 1733 01:20:57,020 --> 01:20:58,600 more and more diverse, right? Maybe 1734 01:20:58,600 --> 01:21:00,500 a cycle, certainly two cycles ago, you had to be 1735 01:21:00,500 --> 01:21:03,140 a developer, you had to be an engineer, right? Whereas 1736 01:21:03,140 --> 01:21:04,620 now that's not the case. Even 1737 01:21:04,620 --> 01:21:06,520 looking at our own track record of the past, you 1738 01:21:06,520 --> 01:21:09,820 know, let's say 13, 14 months of operations, half 1739 01:21:09,820 --> 01:21:11,900 the roles that we filled on behalf of our clients 1740 01:21:11,900 --> 01:21:14,040 have been non technical roles, right? So 1741 01:21:14,040 --> 01:21:16,880 these are marketers, these are sales folks, legal 1742 01:21:16,880 --> 01:21:18,760 compliance, everything, right? 50 1743 01:21:18,760 --> 01:21:20,380 % still being technical roles, of course, it's 1744 01:21:20,380 --> 01:21:22,440 going to be an important part of the industry. But 1745 01:21:22,440 --> 01:21:25,820 there should be a home throughout this next cycle 1746 01:21:25,820 --> 01:21:29,020 for anyone who wants to get into this space. All 1747 01:21:29,020 --> 01:21:31,260 levels of experience, all disciplines, right? And 1748 01:21:31,260 --> 01:21:33,660 so that's the optimism I want to bring to this 1749 01:21:33,660 --> 01:21:35,360 conversation, right? There's been a lot of negativity, 1750 01:21:35,760 --> 01:21:37,820 a lot of rightful pessimism, right? But 1751 01:21:37,820 --> 01:21:39,800 the optimism is that if you want to get into 1752 01:21:39,800 --> 01:21:42,280 Bitcoin, there's never been a better time to do so 1753 01:21:42,280 --> 01:21:44,400 than now, right? Love it. And 1754 01:21:44,408 --> 01:21:49,800 speaking of a purity test, do you guys screen people 1755 01:21:49,800 --> 01:21:51,920 and make sure that they are Bitcoiners and Bitcoin 1756 01:21:51,920 --> 01:21:54,160 only? It's twofold, right? So 1757 01:21:54,160 --> 01:21:55,880 on the candidate side, of course, our clients are 1758 01:21:55,880 --> 01:21:57,900 going to be asking questions of, is this a 1759 01:21:57,900 --> 01:21:59,240 Bitcoin or not a Bitcoin? And 1760 01:21:59,240 --> 01:22:01,960 actually, I'll say that there's no one answer 1761 01:22:01,960 --> 01:22:03,220 there. We have a spectrum of clients 1762 01:22:03,220 --> 01:22:05,900 who are like, yeah, I want people who have only worked 1763 01:22:05,900 --> 01:22:08,420 at Bitcoin companies who run nodes, right? I 1764 01:22:08,428 --> 01:22:10,280 mean, that limits the talent pool quite greatly, 1765 01:22:10,360 --> 01:22:11,840 right? But their companies who really 1766 01:22:11,840 --> 01:22:13,400 take that stance and yeah, if that's what they want, 1767 01:22:13,460 --> 01:22:15,840 we'll help to catch them with mission -aligned folks 1768 01:22:15,840 --> 01:22:18,360 in that regard. But then there's, you know, 1769 01:22:18,380 --> 01:22:20,480 folks who are like, yeah, and I think this should be 1770 01:22:20,480 --> 01:22:21,840 the case, you don't have to have worked in Bitcoin, 1771 01:22:21,840 --> 01:22:23,740 you just need to be a Bitcoiner, right? And 1772 01:22:23,740 --> 01:22:26,040 there are many more people than you'd expect on these 1773 01:22:26,040 --> 01:22:28,360 islands, so to speak, in tech, in traditional 1774 01:22:28,360 --> 01:22:29,900 finance, whatever, that are just dying to get into 1775 01:22:29,900 --> 01:22:31,100 Bitcoin. So those are the folks who 1776 01:22:31,100 --> 01:22:33,080 are trying to save, so to speak, you know, pull off 1777 01:22:33,080 --> 01:22:36,220 those islands and bring them on the boat, right? 1778 01:22:36,900 --> 01:22:37,620 But then on the flip side, 1779 01:22:37,720 --> 01:22:39,880 it's companies and absolutely, right? Yeah, 1780 01:22:39,880 --> 01:22:41,720 we have to filter on that regard. So 1781 01:22:41,728 --> 01:22:44,180 to this day, you'd be surprised, maybe not 1782 01:22:44,180 --> 01:22:46,760 surprised to hear how many former friends and 1783 01:22:46,760 --> 01:22:48,420 colleagues of mine reach out and say, hey, I see 1784 01:22:48,420 --> 01:22:49,860 you're doing crypto recruiting, like, you know, 1785 01:22:49,860 --> 01:22:51,580 can you help me with this or that? First 1786 01:22:51,580 --> 01:22:53,480 of all, no, I'm not doing crypto recruiting, it's 1787 01:22:53,480 --> 01:22:55,320 Bitcoin only, and here's why we're focusing only on 1788 01:22:55,320 --> 01:22:58,360 Bitcoin. But companies even conflate the 1789 01:22:58,360 --> 01:22:59,860 two, which has been interesting to see. So 1790 01:22:59,860 --> 01:23:02,580 you come to us wanting to hire a solidity developer, 1791 01:23:02,940 --> 01:23:04,300 you know, no matter what you're willing to pay, as 1792 01:23:04,300 --> 01:23:06,020 we say, yeah, thanks, no thanks, that's just not our 1793 01:23:06,020 --> 01:23:07,160 area of expertise, right? It's 1794 01:23:07,160 --> 01:23:08,400 just not what we focus on. And 1795 01:23:08,400 --> 01:23:11,320 so I think it's actually maybe arguably more 1796 01:23:11,320 --> 01:23:14,620 important on the company side to have that filter 1797 01:23:14,620 --> 01:23:16,440 and make sure that the businesses we're supporting 1798 01:23:16,440 --> 01:23:18,640 and the people that we're trying to bring into 1799 01:23:18,640 --> 01:23:21,020 Bitcoin are only getting placed at Bitcoin companies, 1800 01:23:21,160 --> 01:23:22,660 right? Or Bitcoin focused companies, 1801 01:23:22,740 --> 01:23:24,200 if you will. Love it. And 1802 01:23:24,200 --> 01:23:25,960 one more question on that note. Is 1803 01:23:25,960 --> 01:23:29,840 there like, I don't know, like, is there like a 1804 01:23:29,840 --> 01:23:32,600 metric like, oh, you have to have been a Bitcoin for 1805 01:23:32,600 --> 01:23:34,620 this long? Or is it just like, is there 1806 01:23:34,620 --> 01:23:37,000 like a test or like, okay, do you understand Bitcoin? 1807 01:23:37,080 --> 01:23:38,380 If you listen to this live 1808 01:23:38,380 --> 01:23:40,860 stream right now, you somehow, I don't know how 1809 01:23:40,860 --> 01:23:42,480 you navigate it here, not being a Bitcoin or yet, 1810 01:23:42,520 --> 01:23:44,080 but you just get clicked on it, you heard some 1811 01:23:44,080 --> 01:23:45,580 people yelling, like, what's that? And 1812 01:23:45,580 --> 01:23:47,420 through the course of the last hour, you're like, 1813 01:23:47,500 --> 01:23:50,240 fuck yeah, like, that's bullshit. Like, 1814 01:23:50,460 --> 01:23:51,640 I just should be saved. Like, 1815 01:23:51,940 --> 01:23:54,780 if you became a Bitcoin or today, and with that 1816 01:23:54,780 --> 01:23:56,880 conviction, decide you want to work in Bitcoin, we'll 1817 01:23:56,880 --> 01:23:59,600 help you. There's no length of time, there's 1818 01:23:59,600 --> 01:24:02,200 no purity test involved in this, right? I 1819 01:24:02,200 --> 01:24:04,240 try to be a bit more pragmatic, right? And 1820 01:24:04,248 --> 01:24:06,240 again, this brings us all back to like the culture 1821 01:24:06,240 --> 01:24:08,120 wars, the purity test, the infighting. Like, 1822 01:24:08,520 --> 01:24:10,580 my stance has always been pretty pragmatic. I'm 1823 01:24:10,580 --> 01:24:12,640 mindful of the fact that I had my own missteps on my 1824 01:24:12,640 --> 01:24:14,940 journey to becoming Bitcoin only, right? I 1825 01:24:14,940 --> 01:24:18,300 shit -coined, I lost money, I made money, whatever. I'm 1826 01:24:18,300 --> 01:24:20,140 not ashamed to talk about the journey. I 1827 01:24:20,140 --> 01:24:22,060 went through the pain I had to feel to ultimately 1828 01:24:22,060 --> 01:24:24,360 come out the other side Bitcoin only. And 1829 01:24:24,360 --> 01:24:27,060 so when I look at folks who maybe are still shit 1830 01:24:27,060 --> 01:24:30,020 -coining, maybe I see them as me, but they just 1831 01:24:30,020 --> 01:24:32,640 haven't got there yet. So instead of like, kicking 1832 01:24:32,640 --> 01:24:35,140 them down and like, kind of shunning them, how do I 1833 01:24:35,140 --> 01:24:37,300 help them to get to the other side more quickly, 1834 01:24:37,440 --> 01:24:40,380 right? 100%. And I think everyone, you 1835 01:24:40,380 --> 01:24:41,880 know, what you just described is paying the 1836 01:24:41,880 --> 01:24:43,780 price of tuition. And, you know, I've been doing 1837 01:24:43,780 --> 01:24:48,460 this for quite a long time and 99 % of Bitcoiners that 1838 01:24:48,460 --> 01:24:50,680 I've ever met started shit -coining. And 1839 01:24:50,688 --> 01:24:54,220 then by wrecking themselves in the process is that 1840 01:24:54,220 --> 01:24:56,080 they eventually became Bitcoiners on the other 1841 01:24:56,080 --> 01:24:57,940 side. But it's really cool what you 1842 01:24:57,940 --> 01:25:00,340 guys do. I think it's... Hold 1843 01:25:00,340 --> 01:25:01,840 on, Amigo, on that point. I 1844 01:25:01,840 --> 01:25:04,440 think the one tried and chewed way to become a 1845 01:25:04,440 --> 01:25:07,460 Bitcoin maxi is by getting wrecked on shit -coins. I 1846 01:25:07,468 --> 01:25:09,800 think this is a tried way. You 1847 01:25:09,800 --> 01:25:12,040 only learned that. I'll tell you guys a quick 1848 01:25:12,040 --> 01:25:14,400 story. Very quick story. I 1849 01:25:14,400 --> 01:25:16,800 was at Penn State University. I 1850 01:25:16,800 --> 01:25:19,320 was about a junior in college and they had a 1851 01:25:19,320 --> 01:25:22,320 blockchain club. So that's kind of was my 1852 01:25:22,320 --> 01:25:25,060 first four day into Bitcoin. They 1853 01:25:25,060 --> 01:25:26,560 were showing ETH hard. There's 1854 01:25:26,560 --> 01:25:28,860 a couple Asian kids that had no idea what they were 1855 01:25:28,860 --> 01:25:31,700 saying technically wise. But I saw the number grow up 1856 01:25:31,700 --> 01:25:34,240 technology when it comes to shit -coins. And 1857 01:25:34,240 --> 01:25:36,380 I was like, oh, I'm going to go invest a bunch of 1858 01:25:36,380 --> 01:25:39,720 this. And I personally bought Bitcoin 1859 01:25:39,720 --> 01:25:44,860 off of Binance and then traded some of that for a 1860 01:25:44,860 --> 01:25:46,100 couple of different coins. And 1861 01:25:46,100 --> 01:25:47,860 I got completely wrecked. And 1862 01:25:47,860 --> 01:25:51,560 it really hurt me because I couldn't go buy beer to 1863 01:25:51,560 --> 01:25:54,440 go to the bar for the next couple, probably two 1864 01:25:54,440 --> 01:25:57,340 months at least. I was really wrecked. And 1865 01:25:57,340 --> 01:25:59,080 for me at the time, I mean, you're talking a 1866 01:25:59,080 --> 01:26:01,520 couple hundred bucks, but as a college student, that 1867 01:26:01,520 --> 01:26:04,700 means a lot of money. And that really taught me at 1868 01:26:04,700 --> 01:26:08,120 least. There is signal, which is 1869 01:26:08,120 --> 01:26:12,300 Bitcoin, and there's the shit -coins, which is it's 1870 01:26:12,300 --> 01:26:15,340 gambling money. So that's kind of my attitude 1871 01:26:15,340 --> 01:26:18,140 towards all of this. Love it. Love 1872 01:26:18,140 --> 01:26:20,860 it. Okay. We are kind of getting 1873 01:26:20,860 --> 01:26:24,500 close to the end of the show and, you know, the 1874 01:26:24,500 --> 01:26:28,100 hopes of making the show palatable for people. How 1875 01:26:28,100 --> 01:26:31,200 about the last message that you guys want to leave 1876 01:26:31,200 --> 01:26:32,940 with the audience? We'll start with Andy and then 1877 01:26:32,940 --> 01:26:34,760 we'll move to Eric. What's it could be about Bitcoin 1878 01:26:34,760 --> 01:26:37,080 talent code could be about everything going on. It 1879 01:26:37,080 --> 01:26:39,160 could be about Bitcoin, whatever the last message, 1880 01:26:39,200 --> 01:26:40,840 the last two sets you want to give to the audience. 1881 01:26:41,100 --> 01:26:41,500 Yeah. Yeah. I 1882 01:26:41,500 --> 01:26:45,040 think it has to be broader than just our corner of 1883 01:26:45,040 --> 01:26:46,280 the industry and what we're trying to do. I 1884 01:26:46,280 --> 01:26:47,500 mean, of course, if you're looking for a job, like 1885 01:26:47,500 --> 01:26:48,780 you actually want to work in Bitcoin, come to 1886 01:26:48,780 --> 01:26:51,240 bitquantalant .co, sign up for the platform, message 1887 01:26:51,240 --> 01:26:53,500 me, message Eric, Twitter, LinkedIn, whatever you want 1888 01:26:53,500 --> 01:26:55,300 to do, right? We're there to answer questions. 1889 01:26:55,900 --> 01:26:57,260 But I think a more broad 1890 01:26:57,260 --> 01:27:00,280 statement is, you know, if you've gotten to the point 1891 01:27:00,280 --> 01:27:02,860 where you've decided that, yes, this is enough is 1892 01:27:02,860 --> 01:27:04,500 enough, right? You know, we got to stand for 1893 01:27:04,500 --> 01:27:05,520 something. You got to stand for privacy. 1894 01:27:05,580 --> 01:27:06,660 You got to stand for our 1895 01:27:06,660 --> 01:27:09,220 freedoms that, you know, feel like we are losing 1896 01:27:09,220 --> 01:27:11,500 incrementally and increasingly so over time. 1897 01:27:12,120 --> 01:27:13,020 Then find your own way to 1898 01:27:13,020 --> 01:27:14,120 contribute. It doesn't have to be starting 1899 01:27:14,120 --> 01:27:15,340 a company. It doesn't have to be working 1900 01:27:15,340 --> 01:27:17,000 for a Bitcoin company, right? Just 1901 01:27:17,000 --> 01:27:19,200 find your own way to contribute, whether it's 1902 01:27:19,200 --> 01:27:22,260 holdling and sitting at home and enjoying that 1903 01:27:22,260 --> 01:27:25,060 economy, whether it's contributing to open source 1904 01:27:25,060 --> 01:27:29,060 projects, whether it's sending funds to guys like 1905 01:27:29,060 --> 01:27:30,840 Dennis Porter, you know, doing great work. I 1906 01:27:30,840 --> 01:27:32,640 mean, I think his world is about to get pretty busy 1907 01:27:32,640 --> 01:27:35,000 now too, fighting increasing battles, right? So 1908 01:27:35,000 --> 01:27:36,560 there's all different ways that we can all contribute. 1909 01:27:36,860 --> 01:27:39,080 Just do something and just get 1910 01:27:39,080 --> 01:27:40,440 off the sidelines, get in the arena, so to speak. 1911 01:27:41,360 --> 01:27:42,100 Love it. Couldn't 1912 01:27:42,100 --> 01:27:43,460 agree more with that last message. All 1913 01:27:43,460 --> 01:27:44,460 right, Eric, jump in. What's 1914 01:27:44,460 --> 01:27:46,520 your last message for the audience? Yeah, 1915 01:27:46,780 --> 01:27:49,420 I think it comes, I tie it back to Bitcoin. See, 1916 01:27:49,460 --> 01:27:52,560 I did a proof of work. So whatever you do in life, 1917 01:27:52,900 --> 01:27:55,760 make sure you're proving your work and whatever 1918 01:27:55,760 --> 01:27:59,120 value providing is actually providing value. And 1919 01:27:59,120 --> 01:28:02,820 I'll leave you with this. Bitcoiners 1920 01:28:02,820 --> 01:28:07,480 love and we're all in the community together, so stop 1921 01:28:07,480 --> 01:28:11,220 infighting and start working together. Love 1922 01:28:11,220 --> 01:28:12,660 it. Love it. Absolutely, 1923 01:28:12,900 --> 01:28:14,640 man. Whoa, what an incredible show, 1924 01:28:14,780 --> 01:28:15,900 guys. I know it went a little bit 1925 01:28:15,900 --> 01:28:17,180 long. If you guys enjoyed the show, 1926 01:28:17,300 --> 01:28:18,560 you know, to do smash the like button. Consider 1927 01:28:18,560 --> 01:28:20,460 subscribing if you feel like we provided you value. 1928 01:28:20,460 --> 01:28:25,480 Go check out BitcoinTalon .co 1929 01:28:25,480 --> 01:28:29,860 to see what Andy and Eric are working on. Again, 1930 01:28:29,920 --> 01:28:32,440 if you're a Bitcoin company trying to hire fellow 1931 01:28:32,440 --> 01:28:34,260 Bitcoiners, great resource. And 1932 01:28:34,268 --> 01:28:36,260 thank you guys so much for joining us on the show 1933 01:28:36,260 --> 01:28:37,980 today. I'm your host, Nico. It's 1934 01:28:37,980 --> 01:28:40,400 my legendary co -host, Nihilus Fields, and we'll 1935 01:28:40,400 --> 01:28:42,720 be back tomorrow for a brand new episode of Simply 1936 01:28:42,720 --> 01:29:09,160 Bitcoin Live. Thanks. And I'll see you guys next 1937 01:29:09,168 --> 01:29:27,300 time. Bye.