1 00:00:00,200 --> 00:00:04,100 I don't believe sufficient evidence a good money against 2 00:00:04,100 --> 00:00:07,500 before we take something, almost the names of government. 3 00:00:08,500 --> 00:00:10,000 Welcome back. Everyone. 4 00:00:10,000 --> 00:00:13,400 It is the weekend edition of Simply Bitcoin, we break down 5 00:00:13,400 --> 00:00:15,600 the news. The daily fail meme review, 6 00:00:15,600 --> 00:00:20,100 software releases, Hardware releases and the websites by 7 00:00:20,100 --> 00:00:23,200 plebs. We are diving into the numbers. 8 00:00:23,200 --> 00:00:26,100 Let's do it. Nico brought to you by Bitcoin 9 00:00:26,100 --> 00:00:28,900 2022 is going to be April 6, the night. 10 00:00:28,900 --> 00:00:31,700 It's coming up Up. Get your ticket tickets quickly 11 00:00:31,700 --> 00:00:35,000 before the price goes up. New speaker just announced 12 00:00:35,000 --> 00:00:38,800 Jordan Peterson. 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At the time of this recording. 16 00:00:48,700 --> 00:00:54,900 The block height is 720 4917 the Bitcoin price 38,000 865 chain 17 00:00:54,900 --> 00:01:00,800 rewrite day 689, total public lightning capacity 3430 91 18 00:01:01,100 --> 00:01:08,400 Moscow time 2573 blocks to The Happening 115,000 83 and the 19 00:01:08,400 --> 00:01:15,600 samurai Whirlpool unspent capacity, 4360 the 24 Bitcoin. 20 00:01:15,600 --> 00:01:20,100 Samurai Whirlpool is a coin or collaborative spend service. 21 00:01:20,100 --> 00:01:25,300 Nico weekend edition numbers weekend edition numbers bro I 22 00:01:25,300 --> 00:01:29,700 use look in the did you see it was absolutely hilarious. 23 00:01:29,700 --> 00:01:33,500 You You saw the gold bugs like cheering because Bitcoin dipped 24 00:01:33,500 --> 00:01:37,800 and gold rose and then literally a couple hours later it was gold 25 00:01:37,800 --> 00:01:41,300 that dipped and Bitcoin rose again. 26 00:01:41,300 --> 00:01:45,100 But dude the reason I'm bringing this up is because you know 27 00:01:45,100 --> 00:01:49,600 we're going or we're living through in my opinion. 28 00:01:49,600 --> 00:01:52,700 Right. You know a country hasn't been 29 00:01:52,700 --> 00:01:56,800 invaded by another country to quite a bit of time, right? 30 00:01:57,000 --> 00:02:01,200 And the fact that build that Bitcoin is holding These prices 31 00:02:01,500 --> 00:02:04,700 with all the uncertainty going on in the world right now. 32 00:02:05,000 --> 00:02:09,600 I think really highlights the strength of the network and not 33 00:02:09,600 --> 00:02:14,200 only that, right? The hash rate also write making 34 00:02:14,300 --> 00:02:18,800 an all-time high and again you know less than a year ago was 35 00:02:19,000 --> 00:02:22,500 when the Chinese Communist party Band Bitcoin North in its 36 00:02:22,500 --> 00:02:25,900 territory. So dude, again, you know, I 37 00:02:25,900 --> 00:02:28,600 think it's really easy to get lost in the numbers, you know, 38 00:02:28,600 --> 00:02:32,800 in the everyday You know, valleys and Peaks. 39 00:02:32,800 --> 00:02:37,900 But dude, I'm very very bullish just because Bitcoin dude. 40 00:02:38,000 --> 00:02:41,100 It really it really proved its resilience at least to me of 41 00:02:41,100 --> 00:02:43,200 course that's a personal opinion anyways. 42 00:02:44,100 --> 00:02:45,200 Fill right. On cue. 43 00:02:45,800 --> 00:02:49,700 Oh yesterday I said that they were going to use. 44 00:02:50,000 --> 00:02:54,500 I said that the conflict in Ukraine was not a danger to 45 00:02:54,500 --> 00:02:57,800 bitcoin. However, I did say that the 46 00:02:57,800 --> 00:03:01,200 establishment was going and and the propaganda arm of the 47 00:03:01,200 --> 00:03:06,300 establishment was going to use the conflict and UK and Ukraine 48 00:03:06,300 --> 00:03:11,500 as an excuse to attack Bitcoin. It was the New York Times the 49 00:03:11,500 --> 00:03:15,100 New York Post and CNN. All released articles around the 50 00:03:15,100 --> 00:03:20,600 same time that said essentially the Russians those those those 51 00:03:20,600 --> 00:03:27,900 scary dirty Russians are going to use Bitcoin to go around 52 00:03:27,900 --> 00:03:29,900 sanctions right and right on cue. 53 00:03:30,100 --> 00:03:34,700 You, you have the vampire. Christine Lagarde head of the 54 00:03:34,700 --> 00:03:37,200 European Central Bank and she's a convicted felon. 55 00:03:37,200 --> 00:03:40,600 I might add. She is urging haste on crypto 56 00:03:40,600 --> 00:03:43,000 regulation and wake of Russian sanctions. 57 00:03:43,600 --> 00:03:46,900 If your union union should move quickly quickly to approve, 58 00:03:46,900 --> 00:03:49,900 cryptocurrency, regulation that prevents Russia from evading 59 00:03:49,900 --> 00:03:54,800 sanctions after invading. Ukraine there, there are always 60 00:03:54,800 --> 00:03:58,200 criminal ways to try to circumvent a Prohibition, which 61 00:03:58,200 --> 00:04:01,500 is why it's so critically important ain't that a mycaa is 62 00:04:01,500 --> 00:04:03,500 pushed through as quickly as possible. 63 00:04:03,600 --> 00:04:07,800 So we have a regulatory framework and here is a group of 64 00:04:07,800 --> 00:04:10,600 six member States including Germany, Italy, Spain. 65 00:04:10,600 --> 00:04:12,900 Also want to include cryptocurrencies under the 66 00:04:12,900 --> 00:04:17,100 supervision of the new EU Authority for the anti-money 67 00:04:17,100 --> 00:04:19,500 laundering. Now, a couple points here, 68 00:04:19,600 --> 00:04:23,000 right? Russia hasn't been taken off the 69 00:04:23,008 --> 00:04:25,000 Swift system. Why? 70 00:04:25,600 --> 00:04:28,700 Because Europe would go cold because they're buying natural 71 00:04:28,700 --> 00:04:32,600 gas from Russia, but of course don't pay attention here. 72 00:04:32,600 --> 00:04:36,500 Pay attention to the dirty dirty shadowy super coders and their 73 00:04:36,500 --> 00:04:40,200 currency of caught of choice. Bitcoin, you must be paying 74 00:04:40,200 --> 00:04:43,100 attention to that. But yeah, dude, it's what I told 75 00:04:43,100 --> 00:04:45,700 you yesterday that these people are not going to let a crisis go 76 00:04:45,700 --> 00:04:47,900 to waste. They're you they're using this, 77 00:04:47,900 --> 00:04:51,100 they're using this new narrative, as a way to Tactic 78 00:04:51,100 --> 00:04:53,200 going. Now, I think governments and the 79 00:04:53,200 --> 00:04:56,100 central bank people that really owned these government's. 80 00:04:56,100 --> 00:04:58,900 They're going to have a really rude awakening when they find 81 00:04:58,900 --> 00:05:00,800 out. Yeah, you could possibly 82 00:05:00,800 --> 00:05:02,600 regular. I know not possibly, you could 83 00:05:02,600 --> 00:05:04,700 regulate the on it on and off ramps. 84 00:05:04,900 --> 00:05:09,300 We know, that's for sure, but you can't regulate Bitcoin once. 85 00:05:09,300 --> 00:05:13,000 People are in the Bitcoin, ecosystem, your rules do not 86 00:05:13,000 --> 00:05:15,500 apply here, right? And they're gonna have to 87 00:05:15,508 --> 00:05:18,000 swallow it, right? And I think that they haven't 88 00:05:18,000 --> 00:05:20,600 come to terms with that. I think that they haven't fully 89 00:05:20,700 --> 00:05:23,500 Fully appreciated that because the way that Christine Lagarde 90 00:05:23,500 --> 00:05:26,600 has been talking about Bitcoin, calling an escape valve and the 91 00:05:26,600 --> 00:05:29,200 way that she's, you know, right here, she gets all giddy and 92 00:05:29,200 --> 00:05:31,000 excited, you know, regulate them. 93 00:05:31,300 --> 00:05:34,400 I think that's how banks have been used to essentially, 94 00:05:34,400 --> 00:05:36,800 stifling and destroying competition. 95 00:05:37,100 --> 00:05:39,900 Right? Is by by, by constructing this 96 00:05:39,900 --> 00:05:42,200 huge regulatory motifs around them. 97 00:05:43,100 --> 00:05:46,100 And the regulate, the companies to death, they did that to 98 00:05:46,100 --> 00:05:48,300 Paypal in the early 2000s, right? 99 00:05:49,600 --> 00:05:52,900 But they can't do that to bitcoin but they're trying to, 100 00:05:53,100 --> 00:05:55,000 and it's just funny, right? Like it's funny. 101 00:05:55,000 --> 00:05:56,600 It's like why can't we kill this thing? 102 00:05:56,600 --> 00:06:00,100 This thing won't go away. So it's funny to see the 103 00:06:00,100 --> 00:06:02,400 reactions. This means they're winning the 104 00:06:02,400 --> 00:06:04,500 flank is heaviest over the target. 105 00:06:04,600 --> 00:06:09,000 So yeah, man, this is bullish. But again, I suspect, especially 106 00:06:09,000 --> 00:06:13,500 if things in the Ukraine escalate, they're going to keep 107 00:06:13,500 --> 00:06:16,200 doubling down on this because it's such a juicy attack. 108 00:06:16,200 --> 00:06:19,200 Vector, those, those dirty, angry Russians. 109 00:06:19,500 --> 00:06:21,000 You know, they're going to use Bitcoin. 110 00:06:21,200 --> 00:06:23,500 Forget about the banking system and how corrupted is no. 111 00:06:23,500 --> 00:06:25,500 Forget about that. They're going to use Bitcoin 112 00:06:25,500 --> 00:06:30,500 specifically to skirt tail, these the sanctions those dirty 113 00:06:30,500 --> 00:06:32,200 evil Russians. That's what they're going to do. 114 00:06:32,200 --> 00:06:34,700 Like it's just so it's comical bro. 115 00:06:34,700 --> 00:06:37,900 It's comical. Phil, I am looking forward to 116 00:06:37,900 --> 00:06:40,700 the day when they've see, because look, let's be honest, 117 00:06:40,700 --> 00:06:41,900 right? What's gonna happen from this 118 00:06:41,900 --> 00:06:44,800 crypto regulation, right? They're gonna, they're gonna 119 00:06:44,800 --> 00:06:47,100 destroy all the shit coins, right? 120 00:06:47,100 --> 00:06:50,200 And they're going to be left with just Bitcoin, And they're 121 00:06:50,200 --> 00:06:53,300 going to sit there wondering why all of this regulation, all of 122 00:06:53,300 --> 00:06:57,900 this money that they've wasted printed and wasted, why hasn't 123 00:06:57,900 --> 00:07:02,000 it stopped Bitcoin? Hey, just don't get it. 124 00:07:02,300 --> 00:07:05,400 And it's so funny and it's hilarious because she's a 125 00:07:05,400 --> 00:07:07,300 convicted felon, it's even funnier. 126 00:07:07,300 --> 00:07:10,300 Because we had Ron Paul here with the kyc AML stuff and we 127 00:07:10,300 --> 00:07:13,800 show that all these regulations, all they're doing is wasting our 128 00:07:13,800 --> 00:07:18,800 money and our time pretending they are LARPing, they are 129 00:07:19,800 --> 00:07:23,900 They're essentially their LARPing about what they about 130 00:07:23,900 --> 00:07:26,100 what they do for a living and LARPing is live action role 131 00:07:26,100 --> 00:07:27,300 playing for the people that don't know. 132 00:07:27,400 --> 00:07:29,100 And that's exactly what they do. These people wake up every 133 00:07:29,100 --> 00:07:32,000 morning, they put on an outfit and they LARP all day long. 134 00:07:32,300 --> 00:07:35,900 It's just hilarious. Anyways, good luck to them, 135 00:07:36,000 --> 00:07:37,800 right? Good luck to Christine Lagarde. 136 00:07:38,000 --> 00:07:42,700 The other piece I wanted to say was to your point, Russia hasn't 137 00:07:42,700 --> 00:07:46,100 been taken off the Swift system and we all know why, right? 138 00:07:46,100 --> 00:07:48,000 We all know that it has to do with the energy. 139 00:07:48,100 --> 00:07:52,000 So Why are they blaming Bitcoin again? 140 00:07:52,600 --> 00:07:55,100 Why, why do we need this regulation? 141 00:07:55,100 --> 00:07:58,300 If this is, It's comical and I call it. 142 00:07:58,400 --> 00:08:00,100 Did I call it? Or did I call it, bro? 143 00:08:00,100 --> 00:08:02,800 I called it. I saw, dude, we read that in the 144 00:08:02,800 --> 00:08:05,600 New York Times Are somehow this has to do with Russia. 145 00:08:05,700 --> 00:08:09,400 If you buy Bitcoin, your funding nuclear weapons in North Korea. 146 00:08:09,600 --> 00:08:13,100 Like, dude, it's like when I saw that I was like, oh, Jesus Lord. 147 00:08:13,200 --> 00:08:17,200 I know what they're gonna do and right on cue the next day. 148 00:08:17,200 --> 00:08:21,700 Christine Lagarde, you got a A Bitcoin shit coins because the 149 00:08:21,700 --> 00:08:23,100 angry Russians are going to use it. 150 00:08:23,100 --> 00:08:25,700 Like come on dude. Did Russia even threatened to 151 00:08:25,700 --> 00:08:27,600 use Bitcoin? No, no. 152 00:08:27,600 --> 00:08:31,300 The I don't even think they mentioned it in money in this 153 00:08:31,300 --> 00:08:34,400 context in anguish. They want to stop Russia, 154 00:08:34,799 --> 00:08:38,500 perhaps maybe these ESG and environmental policies that shut 155 00:08:38,500 --> 00:08:41,700 down all the nuclear power plants and made Germany and a 156 00:08:41,707 --> 00:08:44,200 lot of Europe reliant on Russia, perhaps. 157 00:08:44,400 --> 00:08:47,300 But it's like it and it never, they can never work on 158 00:08:47,300 --> 00:08:49,200 themselves. It's never an intro. 159 00:08:49,400 --> 00:08:51,500 Aspect of thing. It's always looking out and it's 160 00:08:51,500 --> 00:08:54,200 like that must be regulated that must be controlled. 161 00:08:54,200 --> 00:08:58,600 This is the first time these Bankers these bureaucrats have 162 00:08:58,600 --> 00:09:01,800 ever had competition. It gave they're getting 163 00:09:01,800 --> 00:09:05,200 competition from a better money and instead of competing and 164 00:09:05,200 --> 00:09:08,700 making their money better, they're trying to just kill it. 165 00:09:09,000 --> 00:09:11,600 They're trying to use coercion to be like, don't look over 166 00:09:11,600 --> 00:09:13,800 there, got Bitcoin is evil. Bitcoin is bad for the 167 00:09:13,800 --> 00:09:15,800 environment. But here's the thing, I think 168 00:09:15,800 --> 00:09:17,700 that this works in the short-term Phil. 169 00:09:17,800 --> 00:09:21,900 But I think over time If there it's not going to work this 170 00:09:21,900 --> 00:09:24,600 propaganda only works so well. But if the honey badger keeps 171 00:09:24,600 --> 00:09:27,700 living if every, 10 minutes of block keeps being found, the 172 00:09:27,700 --> 00:09:30,900 fact that that's happening. It's just one big middle finger 173 00:09:30,900 --> 00:09:34,000 to these parasites bro and eventually you know, the rubber 174 00:09:34,000 --> 00:09:36,700 hits the road and you know they're going to have to do 175 00:09:36,700 --> 00:09:39,200 something right. But just watching them squeamish 176 00:09:39,300 --> 00:09:43,100 and trying to use coercion to try to get their way, is 177 00:09:43,100 --> 00:09:46,300 absolutely hilarious. But anyways, it's time for the 178 00:09:46,300 --> 00:09:49,200 daily fail brought to you by Ember app. 179 00:09:49,200 --> 00:09:53,000 Check Them out, a DOT app, it's Bitcoin, Made Easy, the easiest 180 00:09:53,000 --> 00:09:55,600 way to buy Bitcoin. They've got smart automation, 181 00:09:55,700 --> 00:09:59,100 low fees, Fair spreads, a stacking app by actual 182 00:09:59,100 --> 00:10:02,800 bitcoiners, the link is down below ammo, smart. 183 00:10:02,800 --> 00:10:06,100 Wait, stop sounds. Alright, I'm just going to 184 00:10:06,100 --> 00:10:10,500 preface this fail with both of the fails that we're doing with. 185 00:10:10,900 --> 00:10:13,500 They're going to be cringe AF. I apologize. 186 00:10:13,600 --> 00:10:16,600 Let's dive into it. The first one, no, big story. 187 00:10:16,700 --> 00:10:18,500 Just wanted to make everybody cringe. 188 00:10:18,500 --> 00:10:21,300 This was shared with us. By toxic at who's actually going 189 00:10:21,300 --> 00:10:23,600 to come and join us on the show fellow Bitcoin. 190 00:10:23,600 --> 00:10:27,200 ER and yeah. Apparently apparently, if you're 191 00:10:27,200 --> 00:10:30,600 in nft scammer and you're looking for some love, check 192 00:10:30,600 --> 00:10:34,000 this out. The lonely ape dating club, and 193 00:10:34,000 --> 00:10:41,800 exclusive dating app for the be a YC owners meet like-minded Des 194 00:10:41,800 --> 00:10:45,800 gens from your favorite web three community and I always 195 00:10:45,800 --> 00:10:49,400 loved how you notice how like in the last six months. 196 00:10:49,500 --> 00:10:52,000 Be single one of these shit coiners, puts web 3 and 197 00:10:52,000 --> 00:10:55,400 everything. It's it's like the propaganda 198 00:10:55,400 --> 00:10:57,200 machine that Nico was just talking about. 199 00:10:57,600 --> 00:11:01,100 If they say it enough times, eventually, everyone will just 200 00:11:01,100 --> 00:11:05,000 assume it's real. This is not web three, they just 201 00:11:05,000 --> 00:11:09,900 keep writing the word web 3 anyways, moving on to the meat 202 00:11:09,900 --> 00:11:11,800 of our fail. That's right, there's nothing to 203 00:11:11,800 --> 00:11:15,100 this this is just garbage. Anyways, moving on to the meat 204 00:11:15,100 --> 00:11:19,300 of our fail. Never let an opportunity go 205 00:11:19,900 --> 00:11:22,900 unused right? As Niko indicated, even in the 206 00:11:22,900 --> 00:11:24,800 previous segment, well, guess what? 207 00:11:25,900 --> 00:11:30,200 There's always a shit coin. Ready to take advantage of a 208 00:11:30,208 --> 00:11:32,600 situation. What am I talking about? 209 00:11:33,100 --> 00:11:35,400 These centralized data storage solution. 210 00:11:35,800 --> 00:11:40,300 AR we've archives millions of documents from Ukraine. 211 00:11:40,500 --> 00:11:42,800 That's right. Enabling trust minimized and 212 00:11:42,800 --> 00:11:44,500 censorship resistant data storage. 213 00:11:44,700 --> 00:11:48,300 AR, we've is generating a permanent record of the events 214 00:11:48,400 --> 00:11:50,500 in the country. So here we go. 215 00:11:50,600 --> 00:11:52,200 Shit coining to the rescue, right? 216 00:11:52,400 --> 00:11:53,400 We're going to dive into this, though. 217 00:11:53,400 --> 00:11:57,000 It's pretty entertaining Community owned and operated a 218 00:11:57,000 --> 00:11:58,300 are. We've is archiving me. 219 00:11:58,500 --> 00:12:02,000 Ends of documents from UK from Ukraine generating immutable, 220 00:12:02,000 --> 00:12:04,800 historical records of what is currently happening in the 221 00:12:04,800 --> 00:12:06,900 invaded country, ER, we've stores. 222 00:12:06,900 --> 00:12:10,300 Its data in sets of blocks that are linking to multiple previous 223 00:12:10,300 --> 00:12:14,600 blocks from the network forming a structure called block. 224 00:12:14,600 --> 00:12:17,800 We've very clever, it's not a blockchain. 225 00:12:17,800 --> 00:12:21,900 It's a, it's a block we've anyways, with over 900 nodes. 226 00:12:21,900 --> 00:12:27,000 In operation, the decentralized data storage solution is 227 00:12:27,000 --> 00:12:29,900 leveraging more. More than censorship resistance. 228 00:12:29,900 --> 00:12:32,500 That's right. People there is more than 229 00:12:32,500 --> 00:12:36,100 governments, not being able to stop you from, from feeding, 230 00:12:36,100 --> 00:12:38,400 your family, and clothing yourselves that there's more 231 00:12:38,400 --> 00:12:41,300 than that as the Network's economic mechanism, ensures 232 00:12:41,300 --> 00:12:44,600 permanence by backing data with sustainable and Perpetual 233 00:12:44,600 --> 00:12:48,100 endowments so far. The AR we've Community has 234 00:12:48,100 --> 00:12:51,900 archived over 5 million documents from Ukraine Sam 235 00:12:51,900 --> 00:12:53,300 Williams. Recently wrote on Twitter 236 00:12:53,300 --> 00:12:57,200 extending his heart to those affected by the conflict. 237 00:12:57,800 --> 00:13:01,300 According to Are we've found, ER, and CEO? 238 00:13:03,100 --> 00:13:07,000 The block we structure enables the network to enforce minors, 239 00:13:07,000 --> 00:13:11,200 provide a proof of access. That's right. 240 00:13:11,300 --> 00:13:15,800 POA. All right, we're going to wrap 241 00:13:15,800 --> 00:13:17,400 the article up and then we're going to dive into this. 242 00:13:17,400 --> 00:13:20,000 A are we've crap. Once included in the network 243 00:13:20,100 --> 00:13:22,800 stored, files are easily accessible from anywhere in the 244 00:13:22,800 --> 00:13:26,000 world at any time with nobody including their original, 245 00:13:26,000 --> 00:13:30,800 uploader able to alter them in any way forever. 246 00:13:32,000 --> 00:13:34,200 Hmm. As long as you buy our token. 247 00:13:34,600 --> 00:13:36,500 Hold on, hold on. We're gonna yeah, let us know 248 00:13:37,400 --> 00:13:40,400 before we move on. Right, let's take a look, right. 249 00:13:40,400 --> 00:13:44,000 We've got the a, are we founder and CEO. 250 00:13:44,400 --> 00:13:46,400 So there's a central point of failure. 251 00:13:46,400 --> 00:13:48,400 That means we're talking about a corporation. 252 00:13:48,500 --> 00:13:51,600 But up here, they're talking about decentralized data 253 00:13:51,600 --> 00:13:54,100 storage. Mmm. 254 00:13:54,400 --> 00:13:55,900 I don't I don't know if I buy that. 255 00:13:56,000 --> 00:13:58,100 Okay, let's move on. We're going to go to app deal. 256 00:13:58,100 --> 00:14:00,800 We're going to take a look at the backers of a our weave. 257 00:14:01,800 --> 00:14:04,900 No surprise here. We've got a 16z multi coin 258 00:14:04,900 --> 00:14:08,200 Capital, coinbase Ventures. There's no shock here. 259 00:14:08,300 --> 00:14:10,000 All right. Let's continue on. 260 00:14:10,700 --> 00:14:13,500 We're going to dive into what is a our we've a are we've is a 261 00:14:13,500 --> 00:14:16,000 protocol that allows you to store data permanently 262 00:14:16,000 --> 00:14:19,400 sustainably with a single upfront fee. 263 00:14:19,800 --> 00:14:22,800 Hold that thought for a second here we're going to go take a 264 00:14:22,808 --> 00:14:26,800 look at their faucet store data on the Perma web for free. 265 00:14:26,900 --> 00:14:30,800 You first need and this is where I learned about the shit coin. 266 00:14:31,000 --> 00:14:35,200 You first Need some a are we've tokens which we'd like to send 267 00:14:35,200 --> 00:14:38,800 you for free together with a wallet. 268 00:14:39,000 --> 00:14:41,200 And then of course, because let's be honest, right? 269 00:14:41,300 --> 00:14:45,000 You're buying, these are you're getting these tokens for free to 270 00:14:45,000 --> 00:14:50,800 then pay to permanently put data into this Block Chain, which is 271 00:14:50,900 --> 00:14:54,700 owned by a company. The AR we've company that does 272 00:14:54,700 --> 00:14:57,500 have a CEO and founder, there's really nothing else you can do 273 00:14:57,500 --> 00:14:59,600 with it. But they've added some 274 00:14:59,600 --> 00:15:02,600 functionality. There is profit sharing tokens, 275 00:15:03,000 --> 00:15:04,400 that's right. Profit. 276 00:15:04,400 --> 00:15:07,000 Sharing tokens. Pst's are a simple mechanism 277 00:15:07,000 --> 00:15:09,700 built using smart wave that shares. 278 00:15:09,800 --> 00:15:13,100 The proceeds of any Revenue stream on the Perma web. 279 00:15:13,200 --> 00:15:16,400 A revenue stream can be anything from a Perma web app or a 280 00:15:16,400 --> 00:15:19,900 website to attention rewards from a mean by minting, a 281 00:15:19,908 --> 00:15:23,000 profit-sharing token for a revenue stream users and 282 00:15:23,000 --> 00:15:25,900 developers are able to trade proportions of future profit 283 00:15:25,900 --> 00:15:30,700 from the assets by trading. The That sharing token itself. 284 00:15:30,700 --> 00:15:34,000 I don't I have no idea what I just said to you, no clue. 285 00:15:34,100 --> 00:15:36,300 This is completely ridiculous nonsense. 286 00:15:36,600 --> 00:15:41,900 Anyways let's continue on here last but not least they said 287 00:15:41,900 --> 00:15:44,100 that it's decentralized. Can't be stopped, it's 288 00:15:44,100 --> 00:15:45,300 immutable. Okay. 289 00:15:45,600 --> 00:15:50,900 So here's the picture says it. All you go. 290 00:15:50,900 --> 00:15:55,100 Here's your decentralisation apparently 90% of the nodes plus 291 00:15:55,400 --> 00:15:57,400 are all in China. Okay. 292 00:15:57,700 --> 00:16:03,800 So Let's see here backed by a 16z, all the nodes in China and 293 00:16:03,800 --> 00:16:09,600 all this immutable data from Ukraine, being stored and saved 294 00:16:09,700 --> 00:16:12,400 right during this terrible time. Okay. 295 00:16:12,400 --> 00:16:17,400 So look I'm just gonna say it. I see them as seeing this as a 296 00:16:17,400 --> 00:16:22,000 marketing opportunity for their shit coin and they took it and 297 00:16:22,000 --> 00:16:25,500 it's cringe as fuck and it's embarrassing and that's why I 298 00:16:25,500 --> 00:16:27,600 didn't dive into all the technicals about it and I just 299 00:16:27,600 --> 00:16:31,500 wanted to show everyone. The overview of this total shit 300 00:16:31,500 --> 00:16:36,200 show. Anyways, Nika, AR we've helping 301 00:16:36,200 --> 00:16:40,600 Ukraine, but listen, you gotta give it to the shit coins and 302 00:16:40,600 --> 00:16:43,200 their use of very good names, okay? 303 00:16:43,600 --> 00:16:47,500 They continued on that pattern. And again, just like the 304 00:16:47,500 --> 00:16:54,300 transhumanist, just like the kid token, dude, they really like 305 00:16:54,400 --> 00:16:56,100 they, like, the shit coins, dude. 306 00:16:56,100 --> 00:16:58,400 Like they never, they never never. 307 00:16:58,500 --> 00:17:02,300 Miss an opportunity to capitalize on a trend. 308 00:17:02,300 --> 00:17:07,300 Okay, it just happens that this trend happens to be about this 309 00:17:07,300 --> 00:17:09,599 terrible War happening at you crate. 310 00:17:09,800 --> 00:17:12,099 Doesn't matter. That's an opportunity to out 311 00:17:12,099 --> 00:17:14,599 we've. But, yeah, look, again, like all 312 00:17:14,599 --> 00:17:16,599 shit coins. Dude, they try to sell you on 313 00:17:16,599 --> 00:17:19,200 the tech, but once you do a little bit of digging, right? 314 00:17:19,200 --> 00:17:23,000 Once you find out what's behind the curtain, right? 315 00:17:23,000 --> 00:17:27,300 You realize you realize that, you know, it's centralized 316 00:17:27,300 --> 00:17:30,200 garbage, right? Do you know this shit coin is no 317 00:17:30,200 --> 00:17:32,200 different. It just they happened to be 318 00:17:32,200 --> 00:17:37,400 telling you that you know somehow you need this storage 319 00:17:37,400 --> 00:17:42,200 solution that you need a token for to buy and use which is not 320 00:17:42,200 --> 00:17:47,500 really a safe storage solution. It's just a bunch of fucking 321 00:17:47,500 --> 00:17:50,300 garbage bro. It's just garbage and garbage 322 00:17:50,300 --> 00:17:54,800 and garbage garbage piled on top of about garbage, piled on top 323 00:17:54,800 --> 00:17:56,900 of each other. And look all the shit coins are 324 00:17:56,900 --> 00:17:59,700 like this, okay? If You look behind the curtain. 325 00:17:59,900 --> 00:18:01,700 That is what you'll find. Okay. 326 00:18:01,700 --> 00:18:04,900 Just garbage and most likely next that garbage you're going 327 00:18:04,900 --> 00:18:07,600 to find a 16z right next to it, right? 328 00:18:07,600 --> 00:18:11,400 It's garbage and a 16z. They had a baby and that is your 329 00:18:11,400 --> 00:18:15,100 shit coin, anyways. So yeah, I just wanted to point 330 00:18:15,100 --> 00:18:19,900 out to what you were saying, they always need use cases, 331 00:18:19,900 --> 00:18:21,800 right? Like, for some reason, the token 332 00:18:21,800 --> 00:18:25,900 like, if it actually was worthwhile, which it's not, they 333 00:18:25,900 --> 00:18:28,200 wouldn't need to sell you all this other crap. 334 00:18:28,300 --> 00:18:31,600 But There's no use for it. There's actually no use for it 335 00:18:31,600 --> 00:18:34,500 except to get you separated from your money. 336 00:18:34,800 --> 00:18:38,600 So the next thing they do is create this idea of an 337 00:18:38,600 --> 00:18:41,800 ecosystem. Do you've got profit-sharing 338 00:18:41,800 --> 00:18:45,600 minting, we've got an F, TS we've got the, it's they have to 339 00:18:45,600 --> 00:18:47,800 constantly bring you a bunch of features. 340 00:18:48,000 --> 00:18:51,000 And let me tell you something. When people are selling you, 341 00:18:51,100 --> 00:18:54,300 that amount of feature sets, you need to question. 342 00:18:54,300 --> 00:18:57,300 What is at the core? You really need to question, 343 00:18:57,300 --> 00:18:59,700 what is at the core because Does that amount of feature sets 344 00:18:59,700 --> 00:19:02,900 means they're hiding a bunch of, they're hiding a bunch of like 345 00:19:02,900 --> 00:19:04,900 you said, just garbage and nonsense. 346 00:19:04,900 --> 00:19:08,300 Of course, I just I feel bad for people that get rug by this 347 00:19:08,300 --> 00:19:11,000 totally and I think you made a really good point, Phil, which 348 00:19:11,000 --> 00:19:13,900 is all those feature sets and one of the things that we always 349 00:19:13,900 --> 00:19:16,400 get in the comments, right? You always get that one should 350 00:19:16,400 --> 00:19:21,400 corner here and there Bitcoin is slow Bitcoins a dinosaur these 351 00:19:21,400 --> 00:19:24,700 123 shit coins are faster. They have more capability. 352 00:19:25,000 --> 00:19:28,000 Bitcoin is the Way It Is by Design. 353 00:19:28,500 --> 00:19:32,000 Because if you want to add all this functionality, that means 354 00:19:32,000 --> 00:19:35,800 the nodes are going to need that much more resources. 355 00:19:35,800 --> 00:19:39,900 And if the nodes mean have that much more resources, that means 356 00:19:39,900 --> 00:19:42,500 you're going to see a centralization of things because 357 00:19:42,500 --> 00:19:45,500 not that many people could afford those Nords. 358 00:19:45,500 --> 00:19:47,300 Those nodes with that much resources. 359 00:19:47,400 --> 00:19:49,600 That's why the four cores are so important. 360 00:19:49,700 --> 00:19:53,500 That's why Bitcoins block size has to say, the way it does 361 00:19:53,800 --> 00:19:58,500 Bitcoins about 13 years old. The total blockchain that The 362 00:19:58,500 --> 00:20:00,800 amount of data that's in the entire Bitcoin. 363 00:20:00,800 --> 00:20:04,100 Blockchain is about 300 gigs plus right? 364 00:20:04,200 --> 00:20:08,500 So 350 360 right? All of Bitcoins history since 365 00:20:08,500 --> 00:20:11,700 its Inception, fits and 350 gigabytes. 366 00:20:11,800 --> 00:20:15,700 Which means that anybody with a one terabyte hard drive or a 500 367 00:20:15,700 --> 00:20:19,500 terabyte, hard drive could now run a Bitcoin note when you have 368 00:20:19,500 --> 00:20:22,100 with the theory mm you have with all these other shit coins. 369 00:20:22,100 --> 00:20:25,700 Aetherium last time I do it. It was like Lop tried to like 370 00:20:25,700 --> 00:20:27,500 download the whole thing. It was like seven. 371 00:20:27,500 --> 00:20:31,800 It was like 17. Lights not to mention the CPU 372 00:20:31,800 --> 00:20:34,400 resources that you need. You can't run it on a Raspberry 373 00:20:34,400 --> 00:20:36,100 Pi. The Raspberry Pi will literally 374 00:20:36,100 --> 00:20:39,000 combust, right? First of all, because of italic, 375 00:20:39,000 --> 00:20:40,700 you'll have nightmares. I comment a like and I will 376 00:20:40,700 --> 00:20:43,700 combust right in the second is because the etherium so resource 377 00:20:43,700 --> 00:20:46,600 intensive. So again, it's a 378 00:20:46,600 --> 00:20:49,400 mischaracterization. It's a marketing Ploy. 379 00:20:49,400 --> 00:20:51,400 They're like look, pay attention over here. 380 00:20:51,600 --> 00:20:54,200 Don't look back. Don't look behind the curtain, 381 00:20:54,500 --> 00:20:56,500 right? We just happened to be annoying 382 00:20:56,500 --> 00:20:59,300 as fuck and always look back. At behind the curtain. 383 00:20:59,300 --> 00:21:02,800 In fact, we have a whole section that should be renamed. 384 00:21:02,900 --> 00:21:04,800 Look behind the curtain said of daily fail. 385 00:21:05,100 --> 00:21:08,600 So anyways, I'm just kidding. I'm kidding, it's a bad joke, 386 00:21:08,700 --> 00:21:10,700 but yeah, like another shit coin. 387 00:21:10,700 --> 00:21:13,300 Great name. Awesome marketing opportunity. 388 00:21:13,300 --> 00:21:15,900 These people have no morals. Don't give them your Bitcoin. 389 00:21:15,900 --> 00:21:18,800 But anyways, Phil, it's time for the daily mean, review brought 390 00:21:18,800 --> 00:21:23,700 to you by sitting out 21, it's the best Bitcoin cult Rosine its 391 00:21:23,700 --> 00:21:27,500 stories articles Comics by actual bitcoiners. 392 00:21:27,500 --> 00:21:30,300 This is volume. 10. This is the artwork for volume 393 00:21:30,300 --> 00:21:32,100 10. Every a volume as different 394 00:21:32,100 --> 00:21:35,400 artwork by a different Bitcoin or this one's Bad Assets 395 00:21:35,400 --> 00:21:38,000 favorite. It's my favorite and there's 396 00:21:38,000 --> 00:21:42,300 only 1000 copies made per volume get your print of Citadel 21 to 397 00:21:42,300 --> 00:21:45,600 day and a Halo microphone. All right. 398 00:21:45,600 --> 00:21:48,600 So this meme is a little bit of Insider mean but I'll don't 399 00:21:48,600 --> 00:21:50,400 worry. I will explain it to you. 400 00:21:50,800 --> 00:21:53,100 This is the US government and this is bitfenix. 401 00:21:54,200 --> 00:21:58,300 This is referencing the you know the the seizure that the u.s. 402 00:21:58,400 --> 00:22:02,100 Government was showing off last month or a couple weeks ago 403 00:22:02,100 --> 00:22:06,300 Where They seized 100,000 Bitcoin from this couple in New 404 00:22:06,300 --> 00:22:08,700 York. This is bit for neck saying. 405 00:22:08,700 --> 00:22:12,300 So I was wondering when we can get those 100K Bitcoin back, 406 00:22:12,500 --> 00:22:14,800 don't worry later. And this is the US government. 407 00:22:14,800 --> 00:22:17,500 Remember, I asked that question when that episode came out. 408 00:22:17,500 --> 00:22:20,400 I wonder how what the process is going to be like for Bittman X 409 00:22:20,400 --> 00:22:24,800 to get their Bitcoin back. Anyways whoa the fortune cookies 410 00:22:25,200 --> 00:22:29,200 here really are more accurate, you can't A Ponzi. 411 00:22:29,200 --> 00:22:33,200 That's absolutely hilarious. By the legendary Greg's, a great 412 00:22:33,200 --> 00:22:36,200 next meme by Hong Kong and one you've been preaching about 413 00:22:36,200 --> 00:22:39,200 Bitcoin for six plus years but your friend buys a shit coining 414 00:22:39,200 --> 00:22:42,800 set its Bitcoin. Only shit Corner. 415 00:22:42,800 --> 00:22:47,800 Ha ha ha that's hilarious. Very true. 416 00:22:48,000 --> 00:22:51,200 All right, Ronald Raymond Bitcoin over trash Fiat when you 417 00:22:51,200 --> 00:22:54,400 get a 3% raise but inflation. They've messed this up. 418 00:22:54,400 --> 00:22:57,200 This means so many time. It's so funny because it starts 419 00:22:57,200 --> 00:22:59,700 with an X. And then the guy just gets tired 420 00:22:59,700 --> 00:23:01,900 and then at this point he's just like all right, whatever? 421 00:23:02,300 --> 00:23:06,000 We're at 0.5 and I suspect this is gonna keep going. 422 00:23:07,100 --> 00:23:10,400 Anyways, moving on to the next one by Rasmus, Behold. 423 00:23:10,400 --> 00:23:15,400 Our new sink and US sanctions 949 967. 977 are you sure this 424 00:23:15,400 --> 00:23:18,700 will hurt Russia. Russia, ha ha ha. 425 00:23:19,100 --> 00:23:22,600 It's so true dude. It's so the Biden press 426 00:23:22,600 --> 00:23:24,300 conference. One of the guys working at the 427 00:23:24,300 --> 00:23:27,100 White House was like, yeah, we can't really because it will 428 00:23:27,100 --> 00:23:31,000 hurt us and it's like, Dude, this is what yes G is garbage. 429 00:23:31,300 --> 00:23:33,400 This is why it's garbage. You guys didn't think it 430 00:23:33,400 --> 00:23:36,400 through. Anyways, it's so easy to moral 431 00:23:36,400 --> 00:23:38,800 virtue and then when shit hits the fan you actually have to pay 432 00:23:38,800 --> 00:23:41,800 the consequences. It's funny you Blitz Bitcoins 433 00:23:41,800 --> 00:23:44,200 fault somehow, okay, anyone imagine everyone would have 434 00:23:44,200 --> 00:23:47,600 listened to these asshats from the world economic Forum, dude. 435 00:23:47,700 --> 00:23:49,600 Dude, they didn't plan for the Russia. 436 00:23:49,600 --> 00:23:52,200 They know that they I think they were true. 437 00:23:52,200 --> 00:23:54,100 They were trying to call Putin's Bluff. 438 00:23:54,500 --> 00:23:56,900 Like I think that they were expecting that Putin called 439 00:23:56,900 --> 00:23:58,200 their Bluff and it was like, nope. 440 00:23:58,400 --> 00:24:01,400 Nope, nope. And it's like, dude, it's crazy 441 00:24:01,400 --> 00:24:04,400 Ukraine to declare a state of emergency Grant citizen's right 442 00:24:04,400 --> 00:24:06,700 to bear arms. So the Second Amendment isn't 443 00:24:06,700 --> 00:24:08,400 just for hunting. Never was. 444 00:24:08,400 --> 00:24:11,100 And again I'm going to connect this with the ESG shit. 445 00:24:11,200 --> 00:24:12,100 Right. Yeah. 446 00:24:12,100 --> 00:24:14,600 When everything's peaceful and everything's fine. 447 00:24:14,600 --> 00:24:15,200 Right? Yeah. 448 00:24:15,200 --> 00:24:17,500 Guns are evil. Guns are bad, right? 449 00:24:17,600 --> 00:24:20,600 But when shit hits the fan, oh, all of a sudden good guns are 450 00:24:20,600 --> 00:24:23,600 good again, right? So it's just stupid. 451 00:24:23,700 --> 00:24:27,500 It's honestly stupid. But anyways, feel for that. 452 00:24:27,500 --> 00:24:32,400 I'm going to give it. A box and the box has a doggie, 453 00:24:32,400 --> 00:24:38,800 treat with how icing half on the side and we have a Coca-Cola 454 00:24:39,000 --> 00:24:45,200 pencil sharpener. It's like this magic box where 455 00:24:45,200 --> 00:24:47,300 you store things in that you've got now, huh? 456 00:24:48,200 --> 00:24:50,200 All right. Hold on a second. 457 00:24:53,200 --> 00:24:54,800 Those dog treats are so disappointing. 458 00:24:54,800 --> 00:24:56,300 They look better than they taste. 459 00:24:57,000 --> 00:24:58,700 Just saying. You had one. 460 00:24:58,700 --> 00:25:02,500 You've eaten of course. Of course dude, that stuff looks 461 00:25:02,500 --> 00:25:04,400 awesome. Some of it smells amazing. 462 00:25:04,400 --> 00:25:06,600 And then you try it, it tastes like garbage. 463 00:25:06,600 --> 00:25:10,400 Yeah, anyways, I'm going with the box of glue. 464 00:25:10,600 --> 00:25:13,500 Oh, of course. It's right. 465 00:25:13,500 --> 00:25:16,400 You saw my box and you wanted to step it up a notch. 466 00:25:16,500 --> 00:25:18,300 Of course. I see how I know you don't have 467 00:25:18,300 --> 00:25:20,900 as many glue sticks as I do. So I figured I have to one-up 468 00:25:20,900 --> 00:25:24,300 you with the gluestick Rick and well at least you'll have a box 469 00:25:24,300 --> 00:25:25,600 with the doggy treat. Okay. 470 00:25:25,600 --> 00:25:28,300 And a pencil, sharpener, I would have eaten the doggy treat. 471 00:25:28,300 --> 00:25:29,800 So all I would have left is the penalty. 472 00:25:29,800 --> 00:25:32,700 The pencil sharpeners is very true, very true. 473 00:25:32,700 --> 00:25:34,900 Anyways guys, we want to know, do you agree with our scores, 474 00:25:34,900 --> 00:25:37,200 you disagree? Let us know down in the comment 475 00:25:37,200 --> 00:25:39,200 section. And, of course, make sure to 476 00:25:39,200 --> 00:25:42,000 join our telegram group and link us some dank dank dank Bitcoin, 477 00:25:42,000 --> 00:25:44,700 memes to review. And also, make sure to subscribe 478 00:25:44,700 --> 00:25:47,900 to us on alternative video platforms, like, Rumble.com, and 479 00:25:47,900 --> 00:25:50,400 our personal favorite Bitcoin tv.com, they don't censor their 480 00:25:50,400 --> 00:25:54,000 because it's Bitcoin TV. But anyways Phil it's time for 481 00:25:54,000 --> 00:25:56,200 the Daily News brought to you by crypto. 482 00:25:56,200 --> 00:25:59,500 Cloaks.com they make the best 3D printed Bitcoin merch. 483 00:25:59,500 --> 00:26:03,700 Like the famous 3D printed Bitcoin art sculpture grenade 484 00:26:03,700 --> 00:26:05,400 opens up. You put your favorite Hardware 485 00:26:05,400 --> 00:26:07,400 while in there. You could also get it customized 486 00:26:07,400 --> 00:26:09,300 in any color. You would like. 487 00:26:09,300 --> 00:26:11,900 They also came out with a big boy grenade as well. 488 00:26:12,000 --> 00:26:14,400 Really cool stuff. They have the honey badger and 489 00:26:14,400 --> 00:26:16,500 you can take advantage of the link down below for 5% off. 490 00:26:16,500 --> 00:26:20,500 Anything on the store crypto cloaks.com I've talked about 491 00:26:20,500 --> 00:26:23,500 this a lot, right? I said on the show multiple 492 00:26:23,500 --> 00:26:25,600 times, I'm sure you guys have heard me. 493 00:26:25,600 --> 00:26:28,000 Say, if you've been subscribed to this channel, that Bitcoin 494 00:26:28,000 --> 00:26:33,300 gives you two Powers, gives you the power to vote with your feet 495 00:26:33,300 --> 00:26:38,100 and also your wallet. But I think that it's very easy 496 00:26:38,100 --> 00:26:42,700 saying that but I think it's very rare of rare to see an 497 00:26:42,700 --> 00:26:48,900 example of how powerful voting with your feet is because again, 498 00:26:49,000 --> 00:26:52,700 if you compare this to the Fiat system, You see all these 499 00:26:52,700 --> 00:26:55,900 nightmare images, in war-torn, countries of people trying to 500 00:26:55,900 --> 00:26:58,800 withdraw their cash out of the ATM and let's say they're one of 501 00:26:58,800 --> 00:27:00,700 the lucky ones that's able to do that. 502 00:27:00,800 --> 00:27:03,900 What do you think those border guards are going to do coming 503 00:27:03,900 --> 00:27:06,500 into that new country of yours? You're gonna have to trust those 504 00:27:06,500 --> 00:27:09,800 border guards lat, right? And if you're in the united 505 00:27:09,800 --> 00:27:11,800 here, entering the United States, it's ten thousand 506 00:27:11,800 --> 00:27:12,800 dollars. All right? 507 00:27:12,800 --> 00:27:14,300 So let's say you manage to scrunch. 508 00:27:14,300 --> 00:27:17,400 It's not a lot of people manage to Scrump up all this ten 509 00:27:17,400 --> 00:27:19,800 thousand dollars in cash and you cross into the u.s., we'll all 510 00:27:19,800 --> 00:27:21,600 of a sudden that is confiscated oil. 511 00:27:22,000 --> 00:27:23,400 Because you might be money laundering. 512 00:27:23,400 --> 00:27:25,000 Oh there's that word again, right? 513 00:27:26,000 --> 00:27:29,200 Anyways were criminals. Check out this very very 514 00:27:29,200 --> 00:27:32,700 powerful. Powerful Story, by Francisco 515 00:27:32,700 --> 00:27:36,300 Madonna. His crazy story, my webmaster 516 00:27:36,300 --> 00:27:39,100 escaping from Ukraine, two hours before the government closes the 517 00:27:39,100 --> 00:27:43,100 border for Men of War, age Bank, ATMs were blocked, of course, 518 00:27:43,400 --> 00:27:47,800 and he who, and he, upon my advice had pre-loaded his 519 00:27:47,800 --> 00:27:51,200 Hardware wallet with Bitcoin, makes it in time to cross the 520 00:27:51,200 --> 00:27:53,300 bull. Which border and withdrawal 521 00:27:53,300 --> 00:27:54,700 Bitcoin. Okay. 522 00:27:54,700 --> 00:27:57,300 So check out, let's check out the actual text messages. 523 00:27:59,200 --> 00:28:02,700 I'm already in. Krakow, I had a chance to hours. 524 00:28:02,800 --> 00:28:05,400 After I cross the border, they close date, they close it to 525 00:28:05,400 --> 00:28:08,900 avoid Russians to get in, but they let ukrainians plas happy 526 00:28:08,900 --> 00:28:11,700 you made it, they closed it due to a statement and our president 527 00:28:11,700 --> 00:28:14,300 to force every man, 18 to 60 years, too. 528 00:28:14,600 --> 00:28:16,700 Old to go to war and fortunately, fuck, man. 529 00:28:16,700 --> 00:28:18,800 You made it. I couldn't withdraw any money 530 00:28:19,100 --> 00:28:21,700 Banks didn't work at all. I had nearly 600. 531 00:28:21,900 --> 00:28:25,500 Ox, National Bank blocked, all International transactions. 532 00:28:25,600 --> 00:28:29,400 I can't even send money to Poland, but you have Bitcoin. 533 00:28:29,700 --> 00:28:33,400 Can I withdraw Bitcoin to their, to their money, to their money 534 00:28:33,400 --> 00:28:35,000 somehow and Poland? Sure. 535 00:28:35,100 --> 00:28:37,100 Yeah, sure ATM. Super convenient one. 536 00:28:37,100 --> 00:28:40,800 Sometimes they'll also give to 2% if you sell to them, and then 537 00:28:40,800 --> 00:28:43,400 he sent some ATM. Just put crack out. 538 00:28:43,400 --> 00:28:45,900 Oh man, amazing, thank you. You're welcome. 539 00:28:45,900 --> 00:28:48,600 That's the power of Bitcoin. I have a few thousand dollars, 540 00:28:48,600 --> 00:28:51,400 hope it will be enough. However, due to the war, the 541 00:28:51,400 --> 00:28:54,000 price is Going low is crazy. Not that much. 542 00:28:54,000 --> 00:28:59,200 This is not virus. Okay, so yeah I can't say but I 543 00:28:59,200 --> 00:29:03,400 don't we can't say that it. That is a real life example, of 544 00:29:03,400 --> 00:29:06,900 what it is, I'm talking about that one gives you the power to 545 00:29:06,900 --> 00:29:11,300 vote with your wallet, but also your feet and that's incredibly 546 00:29:11,300 --> 00:29:14,000 powerful. You have a refugee, right? 547 00:29:14,600 --> 00:29:19,300 Leave in leaving a war-torn country and he's able to bring 548 00:29:19,700 --> 00:29:23,500 some of his wealth with him. Fully people wake up to the fact 549 00:29:23,500 --> 00:29:27,800 that I could bring all of my wealth with with me and let's 550 00:29:27,800 --> 00:29:30,200 say the Border guards are checking for Hardware wallets. 551 00:29:30,200 --> 00:29:33,600 He you could memorize that 12 word seed phrase and a time of 552 00:29:33,600 --> 00:29:36,300 need, right? That is the power of Bitcoin. 553 00:29:36,300 --> 00:29:39,700 That is the power of a honey badger, and that right there is 554 00:29:39,700 --> 00:29:42,500 going to change the world. Mark my words fill. 555 00:29:44,600 --> 00:29:48,300 That look those text messages, I was getting Goosebumps while I 556 00:29:48,300 --> 00:29:50,700 was looking at that, I mean, that is absolutely. 557 00:29:51,100 --> 00:29:52,800 I mean look, it's double edged sword, right? 558 00:29:52,800 --> 00:29:55,500 It's scary and it's also beautiful at the same time. 559 00:29:56,000 --> 00:29:59,800 You know, it's scary because we're seeing real time what is 560 00:29:59,800 --> 00:30:03,300 going on but at the same time it's beautiful because the power 561 00:30:03,300 --> 00:30:07,800 of Bitcoin is being Illustrated even more and and in a real 562 00:30:07,800 --> 00:30:10,300 world scenario that is actually affecting people. 563 00:30:10,300 --> 00:30:13,700 This is not theoretical, right? Like a lot of times you know, a 564 00:30:13,708 --> 00:30:16,400 lot of times You'd hear the, you'd hear the, you know, the 565 00:30:16,400 --> 00:30:18,100 gold bugs. You know, talking about like the 566 00:30:18,100 --> 00:30:19,700 end of the world, everyone's gonna, you know, at least you'll 567 00:30:19,700 --> 00:30:21,400 have gold. Well, guess what? 568 00:30:21,400 --> 00:30:24,000 It's not the end of the world. There is censorship. 569 00:30:24,100 --> 00:30:27,100 Gold, can't fix this, but Bitcoin just did. 570 00:30:27,600 --> 00:30:31,700 Okay, that's huge that. I think that people, you know, 571 00:30:31,900 --> 00:30:34,300 this is going to be one of those events. 572 00:30:35,400 --> 00:30:37,100 You know what, this is gonna be one of those events that wakes 573 00:30:37,100 --> 00:30:39,500 people up even more. I really think so. 574 00:30:39,600 --> 00:30:42,700 So you know what good for you? No good for that gentleman, that 575 00:30:42,700 --> 00:30:44,500 he was able to experience the power of oin. 576 00:30:44,500 --> 00:30:46,800 I think that just made a lifelong hablar. 577 00:30:46,800 --> 00:30:50,100 He's probably gonna make his family into a family of hardened 578 00:30:50,100 --> 00:30:55,200 hollers at this point. So look proof is our success. 579 00:30:55,300 --> 00:30:59,400 And unfortunately, in these extremely difficult situations, 580 00:30:59,400 --> 00:31:02,500 this is where proof comes through the strongest. 581 00:31:02,600 --> 00:31:06,300 So hey, Amen. To this is why we Bitcoin. 582 00:31:06,600 --> 00:31:10,000 This is why we picked coin. Absolutely, very powerful. 583 00:31:10,000 --> 00:31:14,300 Phil anyways, guys, moving on to the next piece of news. 584 00:31:14,400 --> 00:31:18,700 It's very contentious. Look, I'll be honest with you 585 00:31:18,700 --> 00:31:22,200 guys. We have been covering this for 586 00:31:22,400 --> 00:31:25,600 quite a while now. And again, if you've been 587 00:31:25,600 --> 00:31:28,500 subscribed to this channel, I've been telling you for some 588 00:31:28,500 --> 00:31:32,800 reason. The political left has been very 589 00:31:32,800 --> 00:31:35,500 aggressive towards Bitcoins especially specifically in the 590 00:31:35,500 --> 00:31:38,900 United States, The Establishment left like Elizabeth Warren like 591 00:31:38,900 --> 00:31:41,900 Hillary Clinton. I've been hostile now, it's not 592 00:31:41,900 --> 00:31:44,300 black and white. There's there's there's 593 00:31:44,300 --> 00:31:47,700 left-wing Senators right? That do support Bitcoin. 594 00:31:47,700 --> 00:31:50,800 There's left Min Congressman that do support and women that 595 00:31:50,800 --> 00:31:53,200 do support Bitcoin. But I'm talking about the 596 00:31:53,200 --> 00:31:56,500 establishment, right? The Establishment corporate 597 00:31:56,500 --> 00:32:00,000 media on the left, including the New York Times, including all 598 00:32:00,000 --> 00:32:04,200 the corporate media Outlets including MSN are the, you know, 599 00:32:04,200 --> 00:32:08,300 the corporate TV media Outlets have been extremely hostile 600 00:32:08,300 --> 00:32:11,800 toward Bitcoin energy Fudd, all Is fun, right? 601 00:32:12,000 --> 00:32:14,000 And you look on the right hand side. 602 00:32:14,000 --> 00:32:16,800 You had Tucker Carlson. All right, speaking very good 603 00:32:16,800 --> 00:32:20,700 things about Bitcoin, and on top of that, it's been usually 604 00:32:20,700 --> 00:32:25,100 Republican Senators, and congressmen and women that have 605 00:32:25,100 --> 00:32:28,300 been passing these, of course, they're not going to pass, but 606 00:32:28,300 --> 00:32:30,200 have been attempting to pass these bills. 607 00:32:30,200 --> 00:32:34,500 Like, here's an example, Republican Congressman, Tom Omer 608 00:32:34,500 --> 00:32:36,800 introduced a bill prohibiting. The Federal Reserve from 609 00:32:36,800 --> 00:32:40,400 issuing, a central bank, digital currency and here is Cynthia. 610 00:32:40,500 --> 00:32:41,700 Loomis. See u.s. 611 00:32:41,700 --> 00:32:44,200 Senator Cynthia lummis, the Federal Reserve should buy 612 00:32:44,200 --> 00:32:47,200 Bitcoin. So clearly unfortunately, and 613 00:32:47,200 --> 00:32:50,500 I've been saying this as well, the last thing that I want is 614 00:32:50,500 --> 00:32:54,500 for Bitcoin to become a partisan issue in the United States, but 615 00:32:54,500 --> 00:32:56,200 it's not all. So, it's not also the United 616 00:32:56,200 --> 00:32:58,700 States, we talked about this earlier on the week. 617 00:32:58,800 --> 00:33:03,300 We you on track to ban Bitcoin who's responsible for for those 618 00:33:03,300 --> 00:33:06,300 laws. And I'll real, I'll read it. 619 00:33:06,300 --> 00:33:09,000 Let's check it out. The final draft of the markets 620 00:33:09,000 --> 00:33:12,000 and crypto acids framework that Much anticipated package of 621 00:33:12,000 --> 00:33:14,200 cryptocurrency. Regulations includes a 622 00:33:14,208 --> 00:33:17,200 provision, forbidding the environmentally unsustainable 623 00:33:17,200 --> 00:33:20,100 concessions mechanism, and of course, they're talking about 624 00:33:20,100 --> 00:33:22,500 proof-of-work. Now, who was this pushed by? 625 00:33:22,500 --> 00:33:26,800 It was pushed by centre-left social Democrats, the greens and 626 00:33:26,800 --> 00:33:30,900 the left party. So, again, the question that I 627 00:33:30,900 --> 00:33:34,200 have to ask you, right is the left, you know, one other 628 00:33:34,400 --> 00:33:39,200 staple. Beliefs in that party is 629 00:33:39,400 --> 00:33:42,200 inclusion. You know, worrying up about the 630 00:33:42,200 --> 00:33:45,500 little guy, right? I think Bitcoin is one of the 631 00:33:45,508 --> 00:33:50,100 most powerful Technologies when it comes to, including the 632 00:33:50,100 --> 00:33:53,000 little guy. And I think Fiat is one of the 633 00:33:53,000 --> 00:33:56,900 most Anti human Technologies when it comes to including the 634 00:33:56,900 --> 00:33:59,100 little guy because every time the government prints, the 635 00:33:59,108 --> 00:34:02,400 little guy loses, and most of the time, the little guy doesn't 636 00:34:02,400 --> 00:34:05,900 have the wealth or the means to save inequities and Save in real 637 00:34:05,900 --> 00:34:09,900 estate. So again, this is a troubling 638 00:34:09,900 --> 00:34:12,300 development and this is something that Phil and I have 639 00:34:12,300 --> 00:34:16,500 been covering day-to-day methodically for about a year 640 00:34:16,500 --> 00:34:19,500 now and when you start covering things for about a year, you 641 00:34:19,500 --> 00:34:24,199 start to pick up on patterns. So I'm very bummed out about 642 00:34:24,199 --> 00:34:25,800 this. I hope this changes in the 643 00:34:25,800 --> 00:34:29,900 future and actually had a talk with a buddy of mine who works 644 00:34:29,900 --> 00:34:32,500 at Bitcoin magazine. I said, bro like I think this is 645 00:34:32,500 --> 00:34:37,199 becoming a partisan issue and you know he I'm not going to 646 00:34:37,208 --> 00:34:38,600 name who he is but he agreed with me. 647 00:34:39,600 --> 00:34:42,199 So this is going to suck but he also said to give him credit. 648 00:34:42,199 --> 00:34:45,300 He also said that senators and congressmen are not going to 649 00:34:45,308 --> 00:34:49,300 have a choice but to be for Bitcoin, I hopefully that comes 650 00:34:49,300 --> 00:34:52,300 true. But what I have to report now, 651 00:34:52,600 --> 00:34:55,300 is that they're against it, and it sucks. 652 00:34:55,300 --> 00:34:57,000 Again, it's not a black-and-white issue. 653 00:34:57,100 --> 00:35:01,200 And also to be very transparent when you have the head of the 654 00:35:01,200 --> 00:35:03,500 right-wing party in the United States, the Republican Party, 655 00:35:03,700 --> 00:35:06,800 Donald Trump who's gone out against Bitcoin, but you also 656 00:35:06,800 --> 00:35:10,400 have the head of, I'm sure I'm pretty sure it's going to be 657 00:35:10,400 --> 00:35:11,900 Hillary Clinton. That's going to be running 658 00:35:11,900 --> 00:35:15,400 against Donald Trump in 2024. She's she hates Bitcoin. 659 00:35:15,800 --> 00:35:19,700 Right. So like it's not again, it's not 660 00:35:19,700 --> 00:35:22,200 black and white. Right side, only right. 661 00:35:22,200 --> 00:35:24,300 When people like Bitcoin and it's like that know there's 662 00:35:24,300 --> 00:35:25,700 right when people that don't like Bitcoin. 663 00:35:25,700 --> 00:35:28,000 I'm sure. And I'm sure there's left-wing 664 00:35:28,000 --> 00:35:30,500 people that like Bitcoin, but I'm talking about the 665 00:35:30,500 --> 00:35:33,200 establishment. I'm talking about the people in 666 00:35:33,200 --> 00:35:36,900 power in those parties, right? And for me, it's night and day, 667 00:35:37,300 --> 00:35:40,000 right? But anyways, we're going to be 668 00:35:40,000 --> 00:35:42,500 on top of this how this develops, but I want to play 669 00:35:42,500 --> 00:35:46,100 this clip by Ted Cruz and he has some thoughts, right? 670 00:35:46,500 --> 00:35:49,000 He says, one of the reasons I'm bullish on bitcoin is because 671 00:35:49,000 --> 00:35:52,100 it's decentralized. The Tate's Bitcoin, because they 672 00:35:52,100 --> 00:35:54,200 can't control it. All right, so that's a big 673 00:35:54,200 --> 00:35:56,000 claim, of course. He's a politician, right? 674 00:35:56,000 --> 00:35:57,600 He's trying to buy brownie points, right? 675 00:35:57,600 --> 00:35:59,900 He's trying to get elected. He does, you know? 676 00:35:59,900 --> 00:36:02,600 He is a senator from the great state of Texas, right? 677 00:36:02,600 --> 00:36:06,200 Was big Bitcoin country. So he needs those Bitcoin 678 00:36:06,200 --> 00:36:09,300 companies to donate to his campaign baby because that's all 679 00:36:09,300 --> 00:36:13,200 these politicians work. But I think this is a Monumental 680 00:36:13,200 --> 00:36:17,800 moment because this is one of the most predominant right-wing 681 00:36:17,800 --> 00:36:20,400 senators in the United States. Ted Cruz very well known. 682 00:36:20,500 --> 00:36:23,300 This guy ran for president and on the other side, 683 00:36:23,300 --> 00:36:26,200 unfortunately, you have Senators like Hillary Clinton, sorry? 684 00:36:26,200 --> 00:36:30,400 Like Elizabeth Warren saying that, you know, attacking 685 00:36:30,400 --> 00:36:32,400 Bitcoin for its environmental concerns. 686 00:36:33,100 --> 00:36:37,900 So again, this is too early to tell and I hope that I'm wrong 687 00:36:37,900 --> 00:36:40,600 here, but I'm starting to notice a pattern. 688 00:36:41,200 --> 00:36:45,400 And when this video came out and you have Ted Cruz also noticing 689 00:36:45,400 --> 00:36:49,300 that pattern as well. I might be onto something but 690 00:36:49,300 --> 00:36:51,900 again it's too early to tell. Let's see what Ted Cruz has to 691 00:36:51,900 --> 00:36:55,700 say in this video. So we need to decentralize, we 692 00:36:55,700 --> 00:36:59,300 need to break it apart so one of the reasons why I am so bullish 693 00:36:59,400 --> 00:37:04,700 on crypto on bitcoin because it is decentralized, not 694 00:37:04,700 --> 00:37:06,600 controllable. And let me give a fantastic 695 00:37:06,600 --> 00:37:09,900 example. So Justin Trudeau. 696 00:37:15,100 --> 00:37:16,900 Said, I do like me some truckers. 697 00:37:18,100 --> 00:37:21,000 So we're going to seize your assets. 698 00:37:26,000 --> 00:37:30,700 So then the court went to try to seize the crypto that was being 699 00:37:30,700 --> 00:37:34,600 given to the truckers and I don't know how many of y'all saw 700 00:37:34,600 --> 00:37:38,700 a letter that I actually want to read from It's a letter from a 701 00:37:38,700 --> 00:37:41,800 company Bitcoin company called nunchuck. 702 00:37:43,200 --> 00:37:45,900 Here's part of the letter, dear on Terriers Superior superior, 703 00:37:45,900 --> 00:37:49,200 court of justice. Our software is free. 704 00:37:50,400 --> 00:37:54,300 We do not collect any user identification information 705 00:37:54,400 --> 00:37:58,600 Beyond email addresses. We also do not hold any Keys. 706 00:37:59,500 --> 00:38:04,300 Therefore we cannot freeze our users accounts. 707 00:38:11,600 --> 00:38:15,800 We cannot prevent them from being moved. 708 00:38:16,500 --> 00:38:20,300 We do not have the knowledge of quote, the existence nature 709 00:38:20,300 --> 00:38:24,100 value and location of our users assets. 710 00:38:25,800 --> 00:38:31,700 This is by Design. Please look up. 711 00:38:32,300 --> 00:38:39,700 How self custody and private Keys work when the Canadian 712 00:38:39,700 --> 00:38:43,400 dollar becomes worthless. We will be here to serve you 713 00:38:43,400 --> 00:38:58,400 too. That is spectacular, by the way, 714 00:38:58,400 --> 00:39:04,400 contrast that to the Craven sniveling response of corporate 715 00:39:04,400 --> 00:39:08,300 America? When others when some whiny 716 00:39:08,300 --> 00:39:11,300 snowflake tweets at them like, oh my God, I'm sorry, I'm sorry, 717 00:39:11,300 --> 00:39:13,700 I'm sorry. Sorry like God. 718 00:39:13,700 --> 00:39:17,600 Bless you saying to the government, go jump in a lake. 719 00:39:20,900 --> 00:39:23,100 That's how our country was founded. 720 00:39:24,800 --> 00:39:28,500 That is powerful by the way. That is also why China? 721 00:39:30,000 --> 00:39:36,600 Recently, banned Bitcoin. Because they can't control it 722 00:39:36,600 --> 00:39:41,800 which is the exact same reason, Elizabeth Warren hates Bitcoin, 723 00:39:43,000 --> 00:39:46,500 the Chinese Communists and Elizabeth war and they both want 724 00:39:46,500 --> 00:39:51,400 to control you, your assets, your savings, your speech, your 725 00:39:51,400 --> 00:39:55,800 life, your children, every decision they want to control. 726 00:39:55,800 --> 00:39:59,200 And so we need to break up the means of controlling the 727 00:39:59,200 --> 00:40:04,400 citizenry. So again, to be specific, he is 728 00:40:04,400 --> 00:40:06,800 trying By brownie points. He is a politician. 729 00:40:07,000 --> 00:40:12,000 Okay now China we know for a fact that's why they banned 730 00:40:12,000 --> 00:40:15,700 Bitcoin. Okay now Elizabeth Warren again, 731 00:40:15,900 --> 00:40:20,500 I'm going to make an observation here okay the same reasons that 732 00:40:20,500 --> 00:40:24,700 she wants the essentially attack Bitcoin where the same reasons 733 00:40:25,000 --> 00:40:29,700 that the European Union wants to ban Bitcoin because it's proof 734 00:40:29,700 --> 00:40:33,100 of work. And what what, what is what is 735 00:40:33,100 --> 00:40:35,900 the problem with proof-of-work proof of Work is what makes 736 00:40:36,500 --> 00:40:42,500 Bitcoin uncorruptable. So, I don't know whether to give 737 00:40:42,500 --> 00:40:45,800 them the benefit of the doubt or not, I don't know if they're 738 00:40:46,200 --> 00:40:50,000 their goals are really to save the environment. 739 00:40:50,700 --> 00:40:53,100 Personally, I think it's about control. 740 00:40:54,600 --> 00:40:56,300 There's too many patterns, right? 741 00:40:56,300 --> 00:40:58,100 You have the hit pieces from the garden. 742 00:40:58,100 --> 00:41:00,000 You have to hit pieces from The New York Times. 743 00:41:00,200 --> 00:41:01,600 It's all about the climate, right? 744 00:41:01,600 --> 00:41:06,100 You had the hit piece from The Economist, essentially, that 745 00:41:06,100 --> 00:41:08,400 Bitcoin is a tool for the right for the white. 746 00:41:09,900 --> 00:41:13,700 Right, even though it's anything but that we know that Bitcoin is 747 00:41:13,700 --> 00:41:16,100 all-inclusive. We know that Bitcoin gives 748 00:41:16,200 --> 00:41:19,600 opportunities to ukrainians fleeing the country, it gives 749 00:41:19,600 --> 00:41:24,200 opportunities to Afghan. He's that are trying to receive 750 00:41:24,200 --> 00:41:28,000 money from overseas that saving the people of El Salvador, tens 751 00:41:28,000 --> 00:41:31,900 of millions of dollars every year in remittance, fees alone 752 00:41:32,600 --> 00:41:34,600 doesn't sound very white supremacy to me. 753 00:41:35,700 --> 00:41:40,900 So I don't want to come to a conclusion, but I think the the 754 00:41:40,900 --> 00:41:45,700 environmental thing is BS. I think that there's Insidious 755 00:41:45,700 --> 00:41:49,800 means to some people in The Establishment left. 756 00:41:50,700 --> 00:41:55,900 And they're using noble goals to try to ban something because 757 00:41:55,900 --> 00:42:01,500 they cannot control it. I've haven't been, I haven't 758 00:42:01,500 --> 00:42:05,800 wanted to say that ever on this channel and I've been holding 759 00:42:05,800 --> 00:42:09,200 myself back. But again, you have to cover 760 00:42:09,200 --> 00:42:13,400 this for about a year and you start to pick up on patterns, we 761 00:42:13,400 --> 00:42:16,500 had a progressive on the show, name of the episode, was the 762 00:42:16,500 --> 00:42:19,300 progressive case for Bitcoin, and I asked him out, right? 763 00:42:19,400 --> 00:42:21,700 Why are they attacking Bitcoin for environmental reasons? 764 00:42:21,700 --> 00:42:24,700 You know, that's not true and he could not answer that question. 765 00:42:27,200 --> 00:42:30,800 So, I don't know, man. It's a collaborates. 766 00:42:30,800 --> 00:42:34,000 It's a combined effort, right? They did it. 767 00:42:34,000 --> 00:42:37,900 They did a whole panel that in Congress, cryptically, the name 768 00:42:37,900 --> 00:42:42,200 of the panel was called Creek, cleaning up cryptocurrency, they 769 00:42:42,200 --> 00:42:46,700 advocated for proof of stake. But they bash proof of work. 770 00:42:49,600 --> 00:42:52,000 I don't know if it's an, I don't know if they, if it's really 771 00:42:52,000 --> 00:42:55,700 about the environment, I don't know if I'm paranoid because I 772 00:42:55,708 --> 00:42:58,100 think all bitcoiners are really paranoid at heart. 773 00:42:58,900 --> 00:43:00,800 I don't know. I have no idea. 774 00:43:01,300 --> 00:43:06,000 I, I think Ted Cruz was a being a little bit hyperbolic, in my 775 00:43:06,000 --> 00:43:09,200 opinion, at the end. Hmm, he's a politician, he's 776 00:43:09,200 --> 00:43:10,700 trying to get bad brownie points. 777 00:43:11,000 --> 00:43:14,900 And again, we've tried to be as a political as possible on this 778 00:43:14,900 --> 00:43:19,200 show, but look, I'm sure you. Guys are picking up on that 779 00:43:19,200 --> 00:43:22,500 pattern as well. Why is the establishment left 780 00:43:22,500 --> 00:43:27,100 and their their media arm attacking Bitcoin and wise The 781 00:43:27,100 --> 00:43:31,200 Establishment right? Embracing it and that's a fact 782 00:43:31,200 --> 00:43:33,700 that is not speculation. Why is that happening? 783 00:43:33,900 --> 00:43:37,600 And why our establishment left-wing politicians attacking 784 00:43:37,600 --> 00:43:39,500 Bitcoin? Not only the United States also 785 00:43:39,500 --> 00:43:43,300 in Europe and why are right-wing politicians and bracing? 786 00:43:43,300 --> 00:43:47,100 It I don't know the answer to that question. 787 00:43:48,000 --> 00:43:51,600 But it's alarming. And the last thing that I want 788 00:43:51,600 --> 00:43:54,900 is for Bitcoin to become a partisan issue because it's not 789 00:43:54,900 --> 00:43:58,700 a right wing technology. It helps both sides. 790 00:43:58,900 --> 00:44:02,600 It levels out the playing fields between the elites, which is the 791 00:44:02,600 --> 00:44:05,200 dream of the left for, I don't know how long. 792 00:44:05,200 --> 00:44:09,100 So, it's like, how could you even think that it gives the 793 00:44:09,100 --> 00:44:11,700 little guy, it levels the playing field between the the 794 00:44:11,700 --> 00:44:13,800 super-rich guy, and the little guy? 795 00:44:14,600 --> 00:44:19,300 So it's not a right-wing thing. It's helping people in 796 00:44:19,300 --> 00:44:22,400 underprivileged countries all over the world to save for the 797 00:44:22,400 --> 00:44:27,100 first time without their money being at risk by of confiscation 798 00:44:27,300 --> 00:44:32,400 or or debasement. So I don't know. 799 00:44:32,900 --> 00:44:35,000 But I do know something. And it's the last thing I'm 800 00:44:35,000 --> 00:44:39,500 going to say Phil is that Bitcoin has this habit of 801 00:44:39,500 --> 00:44:41,800 shining the light of Truth on things. 802 00:44:42,500 --> 00:44:47,800 And it exposes the Aryans on both the light, the left and the 803 00:44:47,800 --> 00:44:51,400 right. So is this Bitcoin is is one of 804 00:44:51,400 --> 00:44:56,000 Bitcoins most unknown features once again doing its thing. 805 00:44:56,300 --> 00:44:59,600 Phil. I was just about this at the 806 00:44:59,600 --> 00:45:04,200 start with it exposes everyone's incentives, whether we are 807 00:45:04,200 --> 00:45:07,600 friends of Bitcoin enemies of Bitcoin, it makes no difference. 808 00:45:07,800 --> 00:45:11,400 It exposes everyone's incentives, but I just want to, 809 00:45:11,400 --> 00:45:15,100 I'd like to go back right eye. We've said all Ready quite a few 810 00:45:15,100 --> 00:45:17,800 times that this was going to become a partisan issue. 811 00:45:18,100 --> 00:45:22,400 Why? Because Bitcoin fits the for a 812 00:45:22,400 --> 00:45:27,200 good portion of its qualities. Fits the quote-unquote rights 813 00:45:27,200 --> 00:45:30,000 narrative. But the thing is, is that it 814 00:45:30,000 --> 00:45:36,200 actually creates the type of world that the leftists, quote 815 00:45:36,200 --> 00:45:40,900 unquote, sell the public. So at some point, right? 816 00:45:41,000 --> 00:45:44,200 The incentives are not going to align. 817 00:45:45,000 --> 00:45:47,900 And we're already starting to see it happen and this goes to 818 00:45:47,900 --> 00:45:50,500 your point, right? That makes essentially that 819 00:45:50,500 --> 00:45:54,900 makes these environmentalists, especially specifically the the 820 00:45:54,900 --> 00:45:57,400 let the leftist environmentalist. 821 00:45:57,400 --> 00:45:59,200 It makes them look like Hypocrites, because at the end 822 00:45:59,200 --> 00:46:02,500 of the day, Bitcoin is actually doing these things that you 823 00:46:02,500 --> 00:46:06,200 wanted to do, whereas the shit coins and their proof of stake 824 00:46:06,200 --> 00:46:11,400 is only going to offer you the control and the Fiat shenanigans 825 00:46:11,400 --> 00:46:14,300 that we already have. So now we go back to what we 826 00:46:14,300 --> 00:46:16,600 said. Be at the end of what what you 827 00:46:16,600 --> 00:46:19,900 were saying Bitcoin exposes their incentives. 828 00:46:20,300 --> 00:46:22,800 It's not about the climate. It's always been about the 829 00:46:22,800 --> 00:46:28,400 control except they just found these fantastic angles to come 830 00:46:28,400 --> 00:46:31,600 in, right? The climate is great calling, 831 00:46:31,600 --> 00:46:35,000 you know, calling Bitcoin, users racist and white supremacist is 832 00:46:35,000 --> 00:46:38,000 great. Even though 32% of all Bitcoin 833 00:46:38,000 --> 00:46:40,900 transactions around the world are from Nigerians, it doesn't 834 00:46:40,900 --> 00:46:42,900 matter. If it's white supremacist that 835 00:46:42,900 --> 00:46:44,500 are using it, then if it's not there. 836 00:46:44,600 --> 00:46:47,500 Um it's the money laundering but look, it has nothing to do with 837 00:46:47,500 --> 00:46:49,800 climate. I really did like Ted Cruz's 838 00:46:49,800 --> 00:46:54,700 speech. Because I love what nunchucks 839 00:46:55,000 --> 00:46:58,000 email was about. That's really my main point. 840 00:46:58,000 --> 00:47:00,800 But look, we knew that they were going to use it as a partisan 841 00:47:00,800 --> 00:47:02,900 issue. I know that, you know, I agree 842 00:47:02,900 --> 00:47:04,500 with you. I didn't want to see it come up 843 00:47:04,500 --> 00:47:05,600 like this. I don't want her. 844 00:47:05,600 --> 00:47:10,100 I'm heartbroken, dude broken because I would like to believe 845 00:47:10,100 --> 00:47:14,400 that a lot of these left wing. People have a noble goal at 846 00:47:14,400 --> 00:47:15,700 heart. That's what I would like to 847 00:47:15,700 --> 00:47:18,600 believe, dude. But you know it, I think this is 848 00:47:18,600 --> 00:47:21,700 a tragic part of all this, dude, it I'm see II. 849 00:47:21,900 --> 00:47:23,400 Don't believe it. That's the thing. 850 00:47:23,400 --> 00:47:26,300 I still don't believe it. I really believe. 851 00:47:26,800 --> 00:47:30,500 Okay, I really believe that in Europe these politicians are 852 00:47:30,500 --> 00:47:33,500 really doing what they think is best for the environment and I 853 00:47:33,508 --> 00:47:36,300 really believe that Elizabeth Warren really smells her own 854 00:47:36,300 --> 00:47:38,600 farts. I really believe that. 855 00:47:38,800 --> 00:47:43,000 I don't like like yeah, the paranoid Bitcoin side of me is 856 00:47:43,000 --> 00:47:46,800 like they're doing it because they want to try to control us 857 00:47:47,200 --> 00:47:51,500 but it's like like are these people really dot maniacal? 858 00:47:52,500 --> 00:47:55,200 Bitcoins going to expose it, but that's a question that I want to 859 00:47:55,208 --> 00:48:00,300 leave to you guys. Sometimes though, sometimes 860 00:48:00,800 --> 00:48:04,400 incentives have us doing things, we never thought we would do. 861 00:48:06,000 --> 00:48:07,600 You know, you got to look back through history, right? 862 00:48:07,600 --> 00:48:11,300 Like look at the wars, you know, it, you've got, you've got Wars, 863 00:48:11,300 --> 00:48:13,900 you've got stuff like, you know, Chernobyl and stuff like that. 864 00:48:13,900 --> 00:48:16,200 You have all kinds of these unfortunately. 865 00:48:16,400 --> 00:48:18,700 Different types of catastrophes and events that have happened 866 00:48:18,700 --> 00:48:22,900 throughout history and unfortunately, you know, they 867 00:48:22,900 --> 00:48:26,900 happened and I don't think that that was the beginning goal 868 00:48:26,900 --> 00:48:30,600 necessarily you know, like I just don't, I don't think so. 869 00:48:30,900 --> 00:48:35,200 So I look there's idealists on both. 870 00:48:35,400 --> 00:48:36,600 Right. Just the same way that there's 871 00:48:36,600 --> 00:48:40,000 totalitarian on both sides for real there are, you know, like 872 00:48:40,000 --> 00:48:42,500 there are people on the right to do believe in the money printer 873 00:48:42,500 --> 00:48:44,400 in the power of the fed and all that good stuff, right? 874 00:48:44,400 --> 00:48:47,300 America, and, you know, even though the FED is a privately 875 00:48:47,300 --> 00:48:49,700 held held corporation that has nothing to do with America. 876 00:48:49,700 --> 00:48:53,300 But anyways, I digress, we're going to have these people on 877 00:48:53,300 --> 00:48:54,900 both sides. We're going to have those people 878 00:48:54,900 --> 00:48:56,600 on both sides. We're gonna have the idealists 879 00:48:56,600 --> 00:49:00,400 on both sides. And you know what, lucky for us, 880 00:49:00,900 --> 00:49:05,200 Bitcoin is made the way that it is, and it exposes everything. 881 00:49:05,300 --> 00:49:09,300 E ones incentives. So we just got out, we just got 882 00:49:09,300 --> 00:49:11,700 to watch the show, man. We just got to watch the show 883 00:49:11,700 --> 00:49:15,300 and do our best not to get deeply disappointed by are, you 884 00:49:15,300 --> 00:49:18,400 know by humans just like us so far. 885 00:49:18,400 --> 00:49:22,000 I am, I'm not surprised by the embracement, the Embrace of it 886 00:49:22,000 --> 00:49:24,800 on the right. Okay, I'm not me neither but I 887 00:49:24,800 --> 00:49:29,100 am very surprised by the pushback on the left and it's 888 00:49:29,100 --> 00:49:31,800 not only me saying that you had Alex gladstein saying that as 889 00:49:31,800 --> 00:49:33,900 well. What's going on here? 890 00:49:33,900 --> 00:49:36,800 These left-wing it's like Bitcoin solves all these 891 00:49:36,800 --> 00:49:39,700 principles. But when push comes to shove, 892 00:49:39,800 --> 00:49:44,400 they're attacking it vehemently. And you have Hillary Clinton 893 00:49:44,400 --> 00:49:48,000 saying it saying like, you know, saying it out loud, Bitcoin, 894 00:49:48,000 --> 00:49:50,700 undermines, the nation-state what she forgets to mention 895 00:49:50,700 --> 00:49:53,200 perhaps the nation-state in her mind because she thinks she is 896 00:49:53,200 --> 00:49:56,600 the nation state. But Bitcoin, undermines the 897 00:49:56,600 --> 00:50:01,400 politicians, but it empowers the people, right? 898 00:50:01,400 --> 00:50:05,100 So, you know, it's disappointing. 899 00:50:05,300 --> 00:50:07,500 We're going to cover it. I refuse to believe it either. 900 00:50:07,700 --> 00:50:09,300 Refuse to believe that's the case. 901 00:50:09,700 --> 00:50:13,000 But I am starting to pick up on a pattern and the pattern is 902 00:50:13,000 --> 00:50:16,100 troublesome to say, the least. But anyways feel there was an 903 00:50:16,200 --> 00:50:17,800 open source software released today. 904 00:50:18,300 --> 00:50:22,000 Why do you tell us about it software releases brought to you 905 00:50:22,000 --> 00:50:23,800 by Cipher safe? Check them out. 906 00:50:23,800 --> 00:50:27,600 Cipher safe dot IO, it's the best place to store your Bitcoin 907 00:50:27,600 --> 00:50:30,700 seed. They've got the crypto wheel or 908 00:50:30,700 --> 00:50:34,200 check out the all-new Cipher grid comes complete with punch 909 00:50:34,200 --> 00:50:38,400 tool and tamper-resistant wire. We've got BTC pavers The one got 910 00:50:38,400 --> 00:50:42,100 4.5 that was released guys, you know, the drill. 911 00:50:42,100 --> 00:50:46,300 We also drop all of our episodes on audio only platforms, don't 912 00:50:46,300 --> 00:50:49,800 forget to check us out. Apple podcast, Spotify, and 913 00:50:49,800 --> 00:50:51,600 anchor, awesome. Thank you, Phil. 914 00:50:51,600 --> 00:50:54,000 All right, guys, that was our show before we go. 915 00:50:54,200 --> 00:50:56,600 I want to give a very special shout-out to our awesome sponsor 916 00:50:56,600 --> 00:50:58,900 rep. Hard.com they make really cool 917 00:50:58,900 --> 00:51:02,800 hoodies Phil and I wear them every episode and you can take 918 00:51:02,800 --> 00:51:06,500 advantage of the link down below for 15% off anything on the 919 00:51:06,500 --> 00:51:09,400 represent. D.com store. 920 00:51:09,600 --> 00:51:12,400 Anyways guys, that was our show if you enjoyed the show you know 921 00:51:12,400 --> 00:51:16,600 what to do Smash. And of course if you want to 922 00:51:16,608 --> 00:51:20,900 continue hearing the catastrophic fails from the 923 00:51:20,900 --> 00:51:24,600 elites and the Bitcoin use from the pelleve pleb perspective, 924 00:51:24,600 --> 00:51:28,300 definitely consider subscribing to Simply Bitcoin and we'll see 925 00:51:28,300 --> 00:51:31,200 you on Monday guys for any episode totalitarian hate 926 00:51:31,200 --> 00:51:33,700 Bitcoin because they can't control it.