1
00:00:03,240 --> 00:00:06,000
It's all going to zero against 
Bitcoin. 

2
00:00:06,840 --> 00:00:08,440
It's going on. 
Forever Warren. 

3
00:00:15,680 --> 00:00:17,840
You're against Bitcoin. 
You're against freedom. 

4
00:00:23,320 --> 00:00:23,920
Well. 
Because. 

5
00:00:23,920 --> 00:00:25,800
They want to sell it eventually,
Michael. 

6
00:00:25,800 --> 00:00:28,600
I mean, let's be honest, most of
the people who are, yes, sure, 

7
00:00:28,640 --> 00:00:31,680
some people pass it on to their 
children, but like most of the 

8
00:00:31,680 --> 00:00:34,920
people who are buying assets at 
some point want to sell the 

9
00:00:34,920 --> 00:00:36,960
assets at a profit. 
So I. 

10
00:00:37,080 --> 00:00:38,400
Guess. 
Let me say it differently. 

11
00:00:38,640 --> 00:00:43,160
People that use Fiat currency as
a store of value, there's a name

12
00:00:43,160 --> 00:00:44,600
for them. 
We call them poor. 

13
00:00:45,680 --> 00:00:47,400
Yeah, we'll get this to the 
Bitcoin Live. 

14
00:00:47,400 --> 00:00:49,520
We're number one source of the 
peaceful Bitcoin revolution in 

15
00:00:49,520 --> 00:00:53,080
color for the breaking news 
called Dramatic Warfare. 

16
00:00:53,200 --> 00:00:55,520
We will be your guide through 
the separation of money and 

17
00:00:55,520 --> 00:00:56,880
state. 
Ladies and gentlemen, welcome to

18
00:00:56,880 --> 00:00:59,520
Simply Bitcoin. 
The most watched daily Bitcoin 

19
00:00:59,520 --> 00:01:03,200
live show on YouTube. 
Rumble NXI. 

20
00:01:03,200 --> 00:01:07,960
Just I I had to I had to start 
off with that sailor mic drop 

21
00:01:07,960 --> 00:01:12,120
because I mean, I'm not I can't 
play it next week. 

22
00:01:12,120 --> 00:01:17,080
So I I just had to play 
finishing Friday strong. 

23
00:01:17,240 --> 00:01:20,400
It is Meme review Fridays, so I 
had to play it for you guys. 

24
00:01:20,680 --> 00:01:25,160
Anyways, breaking news, actually
pretty serious stuff yesterday. 

25
00:01:25,480 --> 00:01:28,360
Naimbu Kele you know I don't 
definitely. 

26
00:01:28,360 --> 00:01:30,440
I I believe it was a 4D chess 
move. 

27
00:01:30,760 --> 00:01:34,640
But essentially what he did was 
that he made part of his 

28
00:01:34,640 --> 00:01:38,520
National Treasury public. 
Anybody could audit it. 

29
00:01:38,800 --> 00:01:40,320
Anybody. 
You could see the address. 

30
00:01:40,440 --> 00:01:44,520
In fact it not only could you 
see the address, there's been a 

31
00:01:44,520 --> 00:01:47,600
lot of bitcoiners that have been
sending Sats to that address. 

32
00:01:47,600 --> 00:01:51,640
And and I think that's a sign 
of, you know, camaraderie, but 

33
00:01:51,640 --> 00:01:54,600
you know, it's a it's a big 
moment historically speaking. 

34
00:01:55,240 --> 00:01:58,680
It has historical significance 
and geopolitical implications 

35
00:01:59,960 --> 00:02:04,560
because it's the first country 
basically in the world to post 

36
00:02:04,600 --> 00:02:06,640
their proof of proof of 
reserves. 

37
00:02:07,640 --> 00:02:10,479
Nothing will ever be the same. 
Everything just changed. 

38
00:02:11,320 --> 00:02:16,440
Any country that lectures El 
Salvador on anything, democracy,

39
00:02:16,720 --> 00:02:18,480
you know, it's financial 
decisions. 

40
00:02:19,600 --> 00:02:23,440
They could shut the F up unless 
they want to show their 

41
00:02:23,440 --> 00:02:26,240
reserves. 
I just want to speak a little 

42
00:02:26,240 --> 00:02:31,560
bit about the US specifically. 
The, you know, specifically Fort

43
00:02:31,560 --> 00:02:36,520
Knox is audited supposedly, you 
know, every year supposedly. 

44
00:02:36,960 --> 00:02:41,600
But really the last kind of 
video or picture evidence or 

45
00:02:41,600 --> 00:02:45,480
people that were allowed, they 
allowed like 150 reporters and a

46
00:02:45,480 --> 00:02:48,720
couple senators and congressmen 
and congresswoman to actually 

47
00:02:48,720 --> 00:02:52,200
visit the site. 
That was in 1974. 

48
00:02:52,680 --> 00:02:58,000
That was the last time people 
saw physical evidence of 1 Volt.

49
00:02:58,800 --> 00:03:01,920
And you don't know if like that 
that's actually gold bars that 

50
00:03:01,920 --> 00:03:05,320
they were looking at, right? 
You know, it could be like gold 

51
00:03:05,320 --> 00:03:08,600
covered and actually like like 
tungsten cider, like a you know,

52
00:03:08,600 --> 00:03:11,760
like a like a heavy heavy metal 
but a much cheaper metal. 

53
00:03:13,040 --> 00:03:19,160
So you know, what Naimbu Kelly 
did was incredible because when 

54
00:03:19,160 --> 00:03:23,320
you make your proof of reserves 
public and here Cedric 

55
00:03:23,320 --> 00:03:24,960
Youngelman, he has an amazing 
podcast. 

56
00:03:24,960 --> 00:03:27,160
By the way, I highly recommend 
subscribing to it. 

57
00:03:27,760 --> 00:03:30,360
He asked me the he asked the 
question yesterday on Twitter. 

58
00:03:30,360 --> 00:03:33,280
He said, you know how how is 
this historically significant? 

59
00:03:33,280 --> 00:03:36,440
Like what is the big deal? 
And to put it simply, I said 

60
00:03:36,680 --> 00:03:40,640
it's a lot harder to steal 
things when everyone is looking,

61
00:03:40,800 --> 00:03:42,760
right. 
When was the last time we 

62
00:03:42,760 --> 00:03:46,400
audited the Fed? 
You know there was some news 

63
00:03:46,400 --> 00:03:50,880
coming out that the Pentagon 
like lost. 

64
00:03:51,080 --> 00:03:52,920
If my memory serves me 
correctly. 

65
00:03:52,920 --> 00:03:57,080
I think it was in the trillions.
But you know given the benefits 

66
00:03:57,080 --> 00:04:00,400
of doubt, they basically they 
they there's billions of dollars

67
00:04:00,440 --> 00:04:03,520
unaccounted for. 
This is the same government of 

68
00:04:03,520 --> 00:04:07,400
course that you know wants to 
surveil any transaction over 

69
00:04:07,400 --> 00:04:11,200
$600.00. 
But yet here you have the 

70
00:04:11,200 --> 00:04:15,600
government of El Salvador 
setting the example for the rest

71
00:04:15,600 --> 00:04:20,160
of the world to follow. 
And any country you're, and I'm 

72
00:04:20,160 --> 00:04:23,360
talking really about Europe and 
the US and Canada and all that. 

73
00:04:23,520 --> 00:04:29,040
The so-called W any country that
lectures or tries to take a 

74
00:04:29,040 --> 00:04:34,680
moral stance on democracy, on El
Salvador, on their financial 

75
00:04:34,680 --> 00:04:39,120
decisions, on blah, blah, blah, 
blah, blah, shut the F up, Show 

76
00:04:39,120 --> 00:04:41,160
your reserves, show your 
reserves. 

77
00:04:41,280 --> 00:04:43,720
They won't, right. 
And I don't think that gold, for

78
00:04:43,720 --> 00:04:46,800
the record, I don't think that 
gold is there at Fort Knox. 

79
00:04:47,120 --> 00:04:50,280
I just don't think it's there. 
But we'll never know because 

80
00:04:50,280 --> 00:04:52,240
they won't show it. 
And then they haven't showed it 

81
00:04:52,240 --> 00:04:55,960
in a really long time anyways. 
In other news, also kind of a 

82
00:04:55,960 --> 00:05:00,320
little bit of an update on the 
CBDC type of stuff you're 

83
00:05:00,320 --> 00:05:02,040
hearing kind of mixed messages, 
right. 

84
00:05:02,040 --> 00:05:06,400
So Cynthia Lummus, the Bitcoin 
senator, you know, she basically

85
00:05:06,400 --> 00:05:10,960
interviewed or got Jerome 
Powell, the head of the head of 

86
00:05:10,960 --> 00:05:13,080
the Federal Reserve, to testify 
in front of Congress and say, 

87
00:05:13,240 --> 00:05:16,240
hey, like, you know, a lot of 
people are concerned about a 

88
00:05:16,240 --> 00:05:17,840
CBDC. 
And you know, Jerome Powell 

89
00:05:17,840 --> 00:05:21,480
said, you know, we can't approve
this without, you know, 

90
00:05:21,480 --> 00:05:23,400
congressional approval. 
It has to be passed through 

91
00:05:23,400 --> 00:05:26,760
Congress a law. 
But at the same time, the GOP 

92
00:05:26,760 --> 00:05:32,400
Majority Whip, Tom Emmer posted 
a screenshot of a presentation 

93
00:05:32,400 --> 00:05:34,720
that supposedly Fed officials 
gave to him. 

94
00:05:35,040 --> 00:05:39,040
And the top of the top of the 
the presentation is key duties 

95
00:05:39,040 --> 00:05:41,160
of the Fed. 
At the very bottom is the 

96
00:05:41,160 --> 00:05:45,040
central bank digital currency. 
So they say one thing, they do 

97
00:05:45,040 --> 00:05:50,280
the other, and then connect the 
dots with the, you know, the tax

98
00:05:50,280 --> 00:05:53,560
that the Biden administration 
wants to impose on Bitcoin 

99
00:05:53,560 --> 00:05:54,640
miners. 
Right. 

100
00:05:54,960 --> 00:05:57,120
So you got to, you got to keep 
your eye on the ball. 

101
00:05:57,120 --> 00:06:00,000
You can't, can't, can't lose 
your eye on what's going on. 

102
00:06:00,000 --> 00:06:03,240
And I really have been wanting 
to cover this story for a long 

103
00:06:03,240 --> 00:06:04,600
time. 
It's a Friday episode, so we're 

104
00:06:04,600 --> 00:06:07,600
going to do it. 
Also, I think that this is kind 

105
00:06:07,600 --> 00:06:10,920
of like a playbook of what's 
going to happen for the rest of 

106
00:06:10,920 --> 00:06:14,160
the world. 
But Nigerian authorities blame 

107
00:06:14,160 --> 00:06:18,600
Binance for 70% of Naira 
devaluation. 

108
00:06:18,600 --> 00:06:21,480
That's right. 
The Nigerian authorities and and

109
00:06:21,480 --> 00:06:24,880
again you say they they blame, 
they blame Binance or really 

110
00:06:24,880 --> 00:06:27,960
they're blaming alternative 
currencies that they're not the 

111
00:06:27,960 --> 00:06:30,720
local currency. 
Binance is just a facilitator. 

112
00:06:32,040 --> 00:06:38,280
But you know, that's the it's so
easy if you have, you know, if 

113
00:06:38,280 --> 00:06:40,800
you have someone to blame, if 
you have a straw man. 

114
00:06:41,400 --> 00:06:44,240
And it's something kind of 
similar language coming out of 

115
00:06:44,240 --> 00:06:46,080
the US as well. 
JP Morgan. 

116
00:06:46,880 --> 00:06:48,640
And thanks to Opti for sharing 
this with me. 

117
00:06:48,800 --> 00:06:52,040
Bitcoin surge could raise 
concerns at the Fed. 

118
00:06:52,280 --> 00:06:56,640
Rate cuts might be delayed. 
So if you put all these pieces 

119
00:06:56,640 --> 00:07:01,240
together, what I just said, I 
wouldn't be surprised in a 

120
00:07:01,240 --> 00:07:05,600
couple years whether it's going 
to be the US government or 

121
00:07:05,600 --> 00:07:08,840
foreign governments or whatever.
As their Fiat currencies 

122
00:07:08,840 --> 00:07:12,320
continue to fail against 
Bitcoin, they continue to get 

123
00:07:12,320 --> 00:07:15,680
embarrassed to Bitcoin as more 
and more people wake up to the 

124
00:07:15,680 --> 00:07:20,240
fact that money doesn't need to 
devalue to function. 

125
00:07:21,040 --> 00:07:24,760
I think Bitcoin is going to be 
the scapegoat, and more 

126
00:07:24,760 --> 00:07:28,440
importantly, bitcoiners are 
going to be scapegoats as well. 

127
00:07:28,600 --> 00:07:33,120
And again this, it's, it's 
obvious you use common sense but

128
00:07:33,120 --> 00:07:35,560
this is also something that was 
theorized in the book, the 

129
00:07:35,560 --> 00:07:39,680
sovereign individual right with 
you know as the as the nation 

130
00:07:39,680 --> 00:07:44,000
state dies there's a lot of 
people that get left behind in 

131
00:07:44,000 --> 00:07:47,080
that old system. 
So anyways lots of stuff. 

132
00:07:47,240 --> 00:07:49,800
Lots of stuff to cover on 
today's show. 

133
00:07:49,920 --> 00:07:53,800
And also we have a very very 
special guest as well of course 

134
00:07:54,000 --> 00:07:59,880
we have the legendary Dom Bay 
and Dom Bay has been talk about 

135
00:08:00,000 --> 00:08:02,680
proof of work proof of workforce
man. 

136
00:08:02,920 --> 00:08:04,720
You've been doing Satoshi's 
work. 

137
00:08:04,720 --> 00:08:07,440
You've been really orange 
peeling these pensions, man. 

138
00:08:07,440 --> 00:08:11,120
I I had the privilege of 
producing the Satoshi gauntlet 

139
00:08:11,120 --> 00:08:15,280
when my time at Swan and you 
know, you were just, I remember 

140
00:08:15,280 --> 00:08:18,080
you were just interviewing, you 
know, these people that were in 

141
00:08:18,080 --> 00:08:20,120
charge of these pensions. 
And you know, these are just 

142
00:08:20,240 --> 00:08:24,440
hard worker, hard working blue 
collar people that, you know, 

143
00:08:24,480 --> 00:08:28,200
put up or shut up every day. 
They show up, They do real hard 

144
00:08:28,200 --> 00:08:29,720
work. 
They work with their hands. 

145
00:08:30,040 --> 00:08:32,679
They do it right. 
And you know, we live in this 

146
00:08:32,679 --> 00:08:36,080
world where you know, if the 
money's broken, they might not 

147
00:08:36,080 --> 00:08:39,840
get that pension, right. 
The Bitcoin fixes this, and 

148
00:08:39,840 --> 00:08:42,840
you've identified that, and 
you've done incredible work to 

149
00:08:43,000 --> 00:08:44,600
try to get that message out 
there. 

150
00:08:44,600 --> 00:08:49,280
So welcome to the show, Dom. 
Thanks Nico as always great to 

151
00:08:49,280 --> 00:08:53,880
be on simply Bitcoin love, love 
your guys audience and again you

152
00:08:53,880 --> 00:08:57,160
know our work has been made 
possible with like this 

153
00:08:57,160 --> 00:09:01,280
incredible community and this 
this shared mission that we 

154
00:09:01,280 --> 00:09:02,560
have. 
So it makes it easy. 

155
00:09:02,560 --> 00:09:05,600
So happy to be on, brother. 
Welcome to the show, man. 

156
00:09:05,720 --> 00:09:07,840
We really appreciate it. 
Of course, my legendary code. 

157
00:09:07,840 --> 00:09:09,200
He's smiling. 
So it's going to be a great 

158
00:09:09,200 --> 00:09:10,720
show. 
It's going to blow the F up. 

159
00:09:10,720 --> 00:09:14,160
It's Friday, It's Opti. 
It's Opti. 

160
00:09:14,160 --> 00:09:16,520
He was a little bit, he was a 
little bit late to the studio 

161
00:09:16,520 --> 00:09:18,440
tonight. 
Don't call my mom, all right? 

162
00:09:18,440 --> 00:09:20,000
Sorry I haven't talked to her in
a minute. 

163
00:09:20,000 --> 00:09:22,160
I forgive me, you know, call 
your mother. 

164
00:09:22,400 --> 00:09:26,840
I get concerned because as the 
price of Bitcoin rises, no. 

165
00:09:26,840 --> 00:09:28,640
But it's St. 
It's St. 

166
00:09:28,640 --> 00:09:31,040
Opti, it's St. 
Yes, I'm, I'm reformed now I'm 

167
00:09:31,040 --> 00:09:31,680
reformed. 
It's. 

168
00:09:31,800 --> 00:09:32,240
St. 
No. 

169
00:09:32,720 --> 00:09:35,800
But on another note I mean I'll 
be obviously love Dom. 

170
00:09:35,800 --> 00:09:37,760
There's going to be a great 
conversation get some cool 

171
00:09:37,760 --> 00:09:43,000
updates and I think a a theme on
today's show considering the 

172
00:09:43,000 --> 00:09:46,480
Buchelle news and the JP Morgan 
Binance stuff. 

173
00:09:46,800 --> 00:09:50,520
It's becoming very obvious that 
the lies coming out from what's 

174
00:09:50,520 --> 00:09:54,440
the name that we like to use the
the the corporate class you know

175
00:09:54,440 --> 00:09:58,680
the the the quote UN quote 
elites up there their lies are 

176
00:09:58,680 --> 00:10:02,360
being exposed in real time and I
think this move by Buchelle the 

177
00:10:02,840 --> 00:10:05,320
the full transparency of their 
Bitcoin reserves. 

178
00:10:05,320 --> 00:10:09,200
Like Nico's saying, I I don't I 
don't think we can underestimate

179
00:10:09,200 --> 00:10:13,880
the importance of this moment. 
Like, their lies are completely 

180
00:10:13,880 --> 00:10:16,600
being destroyed and they're no 
longer going to be able to 

181
00:10:16,600 --> 00:10:19,600
obfuscate those lies. 
And man, what a crazy time we're

182
00:10:19,600 --> 00:10:21,280
in. 
And then on another note, I did 

183
00:10:21,280 --> 00:10:24,000
hang out at a Bitcoin meet up 
last night shouts out to the 

184
00:10:24,000 --> 00:10:26,840
Dallas meet up at the Dust 
Dunston steakhouse. 

185
00:10:27,800 --> 00:10:29,880
No, Gary wasn't there. 
But I had a bunch of cool 

186
00:10:29,880 --> 00:10:31,600
conversations with a bunch of 
cool people. 

187
00:10:31,880 --> 00:10:32,720
Really. 
Actually. 

188
00:10:32,720 --> 00:10:34,960
You know sometimes you just like
chat and get bullish about 

189
00:10:34,960 --> 00:10:37,200
Bitcoin. 
But man, I was having having 

190
00:10:37,200 --> 00:10:41,120
some great conversations about 
Bitcoin fitting into the 

191
00:10:41,120 --> 00:10:45,040
traditional financial world and 
how you might need to think 

192
00:10:45,040 --> 00:10:47,120
about this. 
So I I can't wait to get back 

193
00:10:47,120 --> 00:10:50,480
there and and continue those 
conversations because for for 

194
00:10:50,520 --> 00:10:52,600
for once in a minute, you know 
sometimes you talk with 

195
00:10:52,600 --> 00:10:55,120
Bitcoiners and you're like 
you're kind of rehashing the 

196
00:10:55,120 --> 00:10:57,320
same conversations. 
Like this one was like out. 

197
00:10:57,600 --> 00:10:59,080
I sat there and was like, oh 
man. 

198
00:10:59,080 --> 00:11:01,440
All right. 
Like, all right this is cool. 

199
00:11:01,440 --> 00:11:03,760
Like this is a new this is a new
Ave. 

200
00:11:03,760 --> 00:11:05,880
So shouts out to everyone out 
last night. 

201
00:11:06,600 --> 00:11:09,160
You know got a good stay got got
an old Fashioned or two. 

202
00:11:09,160 --> 00:11:10,360
It was great. 
It was a great night. 

203
00:11:10,360 --> 00:11:12,800
I had a great time. 
Absolutely love it. 

204
00:11:12,800 --> 00:11:14,920
Love it. 
It's Friday and it's Friday. 

205
00:11:15,160 --> 00:11:19,960
Payday Friday. 
There's already 535 watching or 

206
00:11:19,960 --> 00:11:22,480
watching live, including our 
audience on Rumble. 

207
00:11:22,480 --> 00:11:24,960
So if you guys are enjoying the 
show so far, really, really 

208
00:11:24,960 --> 00:11:28,600
helps with the algos if you guys
smash that like button. 

209
00:11:28,800 --> 00:11:30,160
All right guys, let's jump into 
the show. 

210
00:11:30,160 --> 00:11:33,760
But before we do that, I do want
to give a shout out to our 

211
00:11:33,760 --> 00:11:38,560
flagship sponsor and of course 
I'm talking about the Bitcoin. 

212
00:11:38,560 --> 00:11:42,880
Well, Bitcoin well is the best 
place to build your automatic 

213
00:11:42,880 --> 00:11:47,080
self custody Bitcoin stack. 
That's right, at Bitcoin well, 

214
00:11:47,080 --> 00:11:49,240
they make self custody the 
default. 

215
00:11:49,240 --> 00:11:53,080
You can't buy Bitcoin on Bitcoin
well, unless you're going to 

216
00:11:53,080 --> 00:11:56,120
take self custody, which 
perfectly aligns with the simply

217
00:11:56,120 --> 00:11:58,960
Bitcoin ethos of the separation 
of money in state. 

218
00:11:59,080 --> 00:12:03,720
Self custody is the revolution 
and Bitcoin, well enables that 

219
00:12:03,720 --> 00:12:05,560
by default. 
So guys, sign up to 

220
00:12:05,560 --> 00:12:10,640
bitcoinwell.com today And not to
mention the have a contest 

221
00:12:10,760 --> 00:12:13,320
that's live. 
It's called the Bitcoin Jackpot 

222
00:12:13,320 --> 00:12:16,080
contest. 
You can go to bitcoinwell.com 

223
00:12:16,320 --> 00:12:19,480
contest for more details. 
And right now the current 

224
00:12:19,480 --> 00:12:24,480
jackpot is 2.6 million satoshis.
If you enter, you purchase. 

225
00:12:24,480 --> 00:12:26,200
Every time you purchase you win 
points. 

226
00:12:26,360 --> 00:12:30,400
With those points, you enter the
contest and when you enter the 

227
00:12:30,400 --> 00:12:33,320
contest you have a chance to win
the current jackpot and also 

228
00:12:33,320 --> 00:12:35,520
prizes. 
Today is the last day that 

229
00:12:35,520 --> 00:12:38,680
they're going to be giving away 
another stamp seed. 

230
00:12:38,680 --> 00:12:42,480
So if you sign up to 
bitcoinwell.com today and you 

231
00:12:42,880 --> 00:12:45,920
enter the jackpot contest, you 
have an opportunity to win 

232
00:12:45,920 --> 00:12:48,200
yourself a stamp seed storage 
kit. 

233
00:12:48,200 --> 00:12:52,960
So go to bitcoinwell.com, sign 
up, enter the contest, and you 

234
00:12:52,960 --> 00:12:55,320
might win. 
You might win some Sats and you 

235
00:12:55,320 --> 00:12:58,920
might win some some seed phrase 
storage kits as well. 

236
00:12:58,920 --> 00:13:01,080
So check out bitcoinwell.com 
today. 

237
00:13:01,200 --> 00:13:02,600
All right, everybody, let's hit 
the numbers. 

238
00:13:02,600 --> 00:13:04,800
We have a lot to talk about 
today on today's episode. 

239
00:13:04,800 --> 00:13:09,480
Let's check it out. 
Here we go the Bitcoin numbers. 

240
00:13:10,000 --> 00:13:12,760
Is your Bitcoin and cold storage
really secure? 

241
00:13:12,920 --> 00:13:15,440
Is your seed phrase really 
secure? 

242
00:13:15,560 --> 00:13:17,160
Stamp seeds? 
Do it yourself. 

243
00:13:17,160 --> 00:13:20,880
Kit has everything you need to 
hammer your seed words into 

244
00:13:20,880 --> 00:13:25,120
commercial grade titanium plates
instead of just writing them on 

245
00:13:25,120 --> 00:13:27,920
paper. 
Don't store your generational 

246
00:13:27,920 --> 00:13:31,160
wealth on paper. 
Papers prone to water damage, 

247
00:13:31,160 --> 00:13:33,160
fire damage. 
You want to put your 

248
00:13:33,160 --> 00:13:36,240
generational wealth on one of 
the strongest metals on planet 

249
00:13:36,240 --> 00:13:39,080
earth, Titanium. 
Your words are actually stamped 

250
00:13:39,080 --> 00:13:42,640
into this metal plate with this 
hammer and these letter stamps. 

251
00:13:42,680 --> 00:13:45,200
And once your words are in, they
aren't going anywhere. 

252
00:13:45,280 --> 00:13:48,920
No risk of the plate breaking 
apart and pieces falling 

253
00:13:48,920 --> 00:13:51,360
everywhere. 
Titanium stamp seeds will 

254
00:13:51,360 --> 00:13:54,320
survive nearly triple the heat 
produced by a house fire. 

255
00:13:54,320 --> 00:13:57,480
They're also crush proof, 
waterproof, non corrosive, and 

256
00:13:57,480 --> 00:13:59,720
time proof. 
All things that paper is not 

257
00:13:59,760 --> 00:14:02,960
allowing you to huddle your 
Bitcoin with Peace of Mind for 

258
00:14:03,040 --> 00:14:06,440
the long haul. 
Stamp your seed on stamp Seed. 

259
00:14:06,720 --> 00:14:09,480
All right, ladies and gentlemen,
I made it super easy for you 

260
00:14:09,480 --> 00:14:11,360
guys. 
You could scan the QR code, you 

261
00:14:11,360 --> 00:14:14,040
could literally pull up your 
phone right now and you could 

262
00:14:14,040 --> 00:14:16,720
scan the QR code, take you 
directly to the Stamp Seed 

263
00:14:16,720 --> 00:14:22,280
website where you can use promo 
code simply to get 15% off and 

264
00:14:22,400 --> 00:14:24,920
look. 
You know, Dom's a firefighter. 

265
00:14:25,680 --> 00:14:28,040
You know, he could tell you 
fires are dangerous, they could 

266
00:14:28,040 --> 00:14:30,520
burn your seed phrase. 
But you know, if you store your 

267
00:14:30,520 --> 00:14:34,160
seed phrase on titanium, you 
know it's gonna the fires gonna 

268
00:14:34,160 --> 00:14:36,440
have a hard time anyways. 
At the time of recording, the 

269
00:14:36,440 --> 00:14:40,520
Bitcoin price is 67,920 SATS per
dollar. 

270
00:14:40,520 --> 00:14:44,040
One over Nico. 
It's done. 

271
00:14:44,040 --> 00:14:45,520
It's pack it up, it's pack it 
up. 

272
00:14:45,520 --> 00:14:47,520
We're changing the name. 
Simply Fiat. 

273
00:14:48,080 --> 00:14:50,360
Anyways, at the time of 
recording the Bitcoin price is 

274
00:14:50,360 --> 00:14:59,080
67,920 sats per dollar 1417. 
It's so over like bro like like 

275
00:14:59,320 --> 00:15:02,640
50K like 2 weeks ago. 
I'm like dude, I I want this 

276
00:15:02,640 --> 00:15:05,680
thing to keep going down man. 
I want those cheaper sats dude 

277
00:15:05,680 --> 00:15:10,120
this run up is way too fast 
Anyways OK so block height at 

278
00:15:10,120 --> 00:15:15,160
the time of recording 834,820 
blocks to having 5180 having 

279
00:15:15,160 --> 00:15:21,200
estimate April 19th 2024 Total 
lightning network capacity 4401 

280
00:15:21,200 --> 00:15:25,360
Bitcoin capacity value 298 
million U.S. dollars. 

281
00:15:25,560 --> 00:15:28,920
Realize monetary inflation 
1.74%. 

282
00:15:29,120 --> 00:15:32,080
The market capitalization of 
Bitcoin currently sitting pretty

283
00:15:32,080 --> 00:15:37,880
at 1.33 trillion U.S. dollars. 
That is trillion with AT and the

284
00:15:37,880 --> 00:15:40,880
Bitcoin versus gold markup. 
Under 10% is an opportunity for 

285
00:15:40,880 --> 00:15:44,960
you guys to stack 9.67%. 
You know it's kind of 

286
00:15:44,960 --> 00:15:48,360
bittersweet when Bitcoin pumps 
and with Bitcoin dumps when when

287
00:15:48,360 --> 00:15:50,120
it when it dumps you. 
Like bro, I wish I had more 

288
00:15:50,120 --> 00:15:51,280
Fiat. 
This is great. 

289
00:15:51,280 --> 00:15:55,400
It's cheaper and then when it 
pumps you're like God like okay.

290
00:15:55,400 --> 00:15:57,800
I'm wealthier, but like, dude, 
like I wanted. 

291
00:15:57,880 --> 00:16:01,520
I wanted more time to stack. 
Anyways, so this is the breaking

292
00:16:01,520 --> 00:16:03,120
news. 
I wanted to cover it right off 

293
00:16:03,120 --> 00:16:06,760
the rip in the number segment. 
This is a historic moment, 

294
00:16:06,760 --> 00:16:10,160
ladies and gentlemen. 
I cannot emphasize this enough. 

295
00:16:10,480 --> 00:16:14,400
This is like, this will be in 
the history books, ladies and 

296
00:16:14,400 --> 00:16:17,800
gentlemen, because I truly 
believe that in the future, this

297
00:16:17,800 --> 00:16:21,000
is how things will work. 
This is how things will work on 

298
00:16:21,000 --> 00:16:24,160
a Bitcoin standard. 
Transparency. 

299
00:16:24,520 --> 00:16:27,240
And you know people aren't doing
this name, but Kelly isn't doing

300
00:16:27,240 --> 00:16:28,560
this out of the goodnesses of 
his heart. 

301
00:16:29,480 --> 00:16:33,680
Again, Bitcoin has an aligned 
incentive structure model. 

302
00:16:34,320 --> 00:16:36,800
Miners aren't doing this out of 
the goodness of their heart. 

303
00:16:37,600 --> 00:16:40,600
Node runners aren't doing this 
out of the goodness of their 

304
00:16:40,600 --> 00:16:43,040
heart. 
They're all doing it to protect 

305
00:16:43,040 --> 00:16:45,040
their stack or to make profit, 
right? 

306
00:16:45,560 --> 00:16:48,400
But the beautiful thing about 
Bitcoin is that everything that 

307
00:16:48,400 --> 00:16:51,160
you contribute to the network 
makes network stronger, 

308
00:16:51,360 --> 00:16:54,760
therefore making your stack 
worth more, right? 

309
00:16:55,480 --> 00:16:57,200
The Fiat system doesn't work 
that way. 

310
00:16:57,200 --> 00:16:59,440
It's a misaligned incentive 
structure. 

311
00:16:59,440 --> 00:17:03,120
So you have, you know, the crazy
shenanigans that we, you know, 

312
00:17:03,120 --> 00:17:05,800
that we saw in the last century,
in the beginning of this 

313
00:17:05,800 --> 00:17:10,680
century, the endless wars, the 
crazy wealth redistribution 

314
00:17:10,680 --> 00:17:12,839
mechanism of Fiat. 
All right. 

315
00:17:12,880 --> 00:17:16,040
Literally taking from the lower 
in the middle classes, the 

316
00:17:16,040 --> 00:17:18,760
working class, and 
redistributing it back to the 

317
00:17:18,760 --> 00:17:21,480
government and back to the 1% 
because, you know, it's sorry, 

318
00:17:21,599 --> 00:17:23,920
back to the wealthy. 
Because the wealthier, the ones 

319
00:17:23,920 --> 00:17:27,640
that hold the lion's share of 
the assets, which tend to rise 

320
00:17:28,079 --> 00:17:30,840
when they print money. 
And it's not necessarily true 

321
00:17:30,840 --> 00:17:33,560
that those assets are actually 
increasing in value. 

322
00:17:34,160 --> 00:17:38,320
It's just that it's they're just
indications of how much Fiat is 

323
00:17:38,320 --> 00:17:40,840
losing, is losing purchasing 
power. 

324
00:17:41,360 --> 00:17:44,440
So yeah, man, this is this is 
crazy. 

325
00:17:44,880 --> 00:17:49,120
Shout out to Diane Boucale, the 
philosopher king, as in in his 

326
00:17:49,120 --> 00:17:51,680
Twitter bio. 
And he was retweeting everyone 

327
00:17:51,680 --> 00:17:54,320
and their mother who you know 
who quote, tweeted this. 

328
00:17:54,480 --> 00:17:56,320
But you know this is a brave 
step. 

329
00:17:56,320 --> 00:17:57,960
This is a step in the right 
direction. 

330
00:17:58,240 --> 00:18:03,520
And again, I I if I swear to God
if I see someone, a legacy media

331
00:18:03,520 --> 00:18:08,400
article or a politician lecture 
El Salvador, if you don't do 

332
00:18:08,400 --> 00:18:11,880
this, shut the F up. 
Like, shut up right. 

333
00:18:12,160 --> 00:18:15,200
Anyways, so he said we've 
decided to transfer a big chunk 

334
00:18:15,200 --> 00:18:18,440
of our Bitcoin to to a cold 
wallet and store that cold 

335
00:18:18,440 --> 00:18:21,520
wallet in a physical vault 
within our national territory. 

336
00:18:21,840 --> 00:18:24,520
You can call it our first 
Bitcoin Piggy Bank. 

337
00:18:24,760 --> 00:18:26,800
It's not much, but it's honest 
work. 

338
00:18:27,680 --> 00:18:32,280
He literally puts the screenshot
of the address of the amount of 

339
00:18:32,280 --> 00:18:35,760
Bitcoin and then the US dollar 
equivalent of that Bitcoin, 

340
00:18:35,760 --> 00:18:38,840
which is roughly half a billion 
dollars, which is a lot of money

341
00:18:38,840 --> 00:18:43,120
of course. 
And again, this is in stark 

342
00:18:43,120 --> 00:18:47,920
contrast with, you know, what's 
what's currently happening in 

343
00:18:47,920 --> 00:18:49,640
the rest of the world. 
OK, fine. 

344
00:18:49,640 --> 00:18:51,480
You can give them the you can, 
you see, you can give them the 

345
00:18:51,480 --> 00:18:53,520
benefit of the doubt. 
You can't do that with gold. 

346
00:18:54,160 --> 00:18:57,760
You know, you say OK gold's, you
know, it's it's physical, it's 

347
00:18:57,760 --> 00:18:59,600
heavy. 
You can't have that. 

348
00:18:59,720 --> 00:19:04,680
But I mean, look, I I think 
like, OK, so check this out and 

349
00:19:04,680 --> 00:19:06,840
and we'll get into the back 
story of Fort Knox, right? 

350
00:19:08,120 --> 00:19:10,360
Like, compare this picture, 
right. 

351
00:19:10,720 --> 00:19:16,360
There's a lot of gold in here, 
believe us to this, right? 

352
00:19:16,960 --> 00:19:19,520
Just literally the address, the 
amount. 

353
00:19:19,840 --> 00:19:21,920
You can't take it. 
You can see it, but you can't 

354
00:19:21,920 --> 00:19:24,640
take it. 
And then compare this to this, 

355
00:19:24,640 --> 00:19:28,440
which is just like, trust us. 
And it's literally like a huge 

356
00:19:28,680 --> 00:19:33,280
Fort with like multiple fences, 
like armed security guards, a 

357
00:19:33,280 --> 00:19:36,240
Humvee in front and they're 
like, yes, there's a bunch of 

358
00:19:36,240 --> 00:19:38,800
gold in there. 
You can trust us, essentially. 

359
00:19:39,120 --> 00:19:41,960
So this is what I said yesterday
when Naimbu Kele tweeted his 

360
00:19:41,960 --> 00:19:43,680
historic tweet. 
I said if El Salvador can be 

361
00:19:43,680 --> 00:19:46,400
transparent with their reserves,
why can't the United States 

362
00:19:46,400 --> 00:19:48,560
government? 
Why can't we see the gold? 

363
00:19:49,520 --> 00:19:51,880
And then I go, I went on to say,
did you know that the last time 

364
00:19:51,880 --> 00:19:54,440
Fort Knox was audited was in 
1974? 

365
00:19:54,600 --> 00:19:56,040
Right. 
But if you, if you search this 

366
00:19:56,040 --> 00:19:58,640
on Google, say, OK, Fort Knox is
actually audited every year. 

367
00:19:58,880 --> 00:20:01,320
Yeah, but 1974 was the last 
time. 

368
00:20:02,000 --> 00:20:05,040
There's been actual visual 
evidence right? 

369
00:20:05,040 --> 00:20:09,760
And the one of the only they 
only showed one vault, right And

370
00:20:09,760 --> 00:20:11,760
it was it was a it was a video 
to be fair. 

371
00:20:11,760 --> 00:20:15,280
But this is a kind of a picture 
of that video right? 

372
00:20:15,680 --> 00:20:18,200
So you they only they were only 
allowed to see one vault. 

373
00:20:18,200 --> 00:20:21,480
And now and compare and contrast
that with this complete and 

374
00:20:21,480 --> 00:20:25,480
total transparency verse like a 
a court. 

375
00:20:25,480 --> 00:20:29,000
This is a democratically elected
government that is supposed to 

376
00:20:29,000 --> 00:20:33,880
represent the people and they're
like, oh, trust us, but there's 

377
00:20:33,880 --> 00:20:36,560
more to the story, right. 
And it all kind of Internet 

378
00:20:36,560 --> 00:20:39,040
interconnects. 
Bitcoiners are very familiar 

379
00:20:39,320 --> 00:20:41,920
with the 6102 order. 
We all know about it. 

380
00:20:41,920 --> 00:20:43,360
We're all very familiar about 
it. 

381
00:20:43,800 --> 00:20:48,240
Well, Fort Knox was built for a 
very particular reason, right? 

382
00:20:48,240 --> 00:20:52,200
So this was built by FDR. I'm 
sure some bitcoiners already 

383
00:20:52,440 --> 00:20:55,480
know where I'm going with this 
for a single reason. 

384
00:20:55,560 --> 00:20:58,800
Let's check it out. 
When President FD when President

385
00:20:58,800 --> 00:21:02,520
Franklin Roosevelt ordered 
Americans in 1933 to surrender 

386
00:21:02,520 --> 00:21:05,880
their gold to the government, he
suddenly found suddenly found he

387
00:21:05,880 --> 00:21:08,800
needed a place to put all those 
millions of gold coins. 

388
00:21:09,240 --> 00:21:14,000
Roosevelt's infamous Executive 
Order 6102 gave Americans one 

389
00:21:14,000 --> 00:21:18,040
month to give up their gold 
pocket change and gave FDR the 

390
00:21:18,040 --> 00:21:21,240
ability to print and spend all 
the money he liked. 

391
00:21:21,760 --> 00:21:25,480
It was viewed suspiciously and 
was wildly unpopular, but it was

392
00:21:25,480 --> 00:21:28,200
largely obeyed. 
Millions of gold coins were 

393
00:21:28,200 --> 00:21:32,400
dutifully taken to banks by 
bewildered but patriotic 

394
00:21:32,400 --> 00:21:34,400
Americans to trade for their 
paper dollars. 

395
00:21:35,240 --> 00:21:38,760
Construction for the massive 
fortress that would become so 

396
00:21:39,040 --> 00:21:43,480
much part of American legend and
lore began in 1936 and took a 

397
00:21:43,480 --> 00:21:46,840
year. 
Beginning in January 1937, train

398
00:21:46,840 --> 00:21:50,760
loads of American gold under the
guard guard of armed soldiers 

399
00:21:50,760 --> 00:21:54,840
arrived in Kentucky Fort Knox to
store away what was still 

400
00:21:54,840 --> 00:21:56,760
relatively called the nations 
gold. 

401
00:21:57,160 --> 00:22:01,120
At the Boxcars Boxcars gold was 
unloaded into vaults behind 

402
00:22:01,280 --> 00:22:06,520
20,200 cubic feet of granite and
concrete and 22 ton door. 

403
00:22:06,520 --> 00:22:09,680
It would be. 
It would be with few, with few 

404
00:22:09,680 --> 00:22:12,920
exceptions, the last time 
Americans had any glimpse of the

405
00:22:12,920 --> 00:22:16,520
same gold they carried in their 
pant pockets a few years 

406
00:22:16,520 --> 00:22:19,720
earlier, Right? 
That's crazy, isn't it? 

407
00:22:19,960 --> 00:22:22,040
Like, think about that for a 
second, right? 

408
00:22:22,040 --> 00:22:25,000
We all know about Fort Knox. 
Did you know that Fort Knox was 

409
00:22:25,000 --> 00:22:26,600
connected to the six one O 2 
order? 

410
00:22:26,840 --> 00:22:30,880
Did you guys know that this was 
purposely built to take to put 

411
00:22:30,880 --> 00:22:33,640
all the money that was stolen? 
I mean, that's a strong word, 

412
00:22:33,640 --> 00:22:37,960
but I'm going to say it, and 
they put it in this fortress and

413
00:22:38,320 --> 00:22:42,080
no one ever saw it again. 
Basically, the question of the 

414
00:22:42,080 --> 00:22:45,160
the questions on the minds of 
American taxpayers and a high 

415
00:22:45,160 --> 00:22:48,920
number of congressmen is whether
or not Fort Knox still has the 

416
00:22:48,920 --> 00:22:52,480
gold stored for safekeeping 80 
years ago. 

417
00:22:52,800 --> 00:22:56,400
Those questions abound. 
For one particular reason, the 

418
00:22:56,440 --> 00:22:59,200
US government refuses to talk 
about the gold. 

419
00:22:59,320 --> 00:23:01,560
So think about this for a 
second. 

420
00:23:02,440 --> 00:23:05,040
Apparently, this is the people's
gold, right? 

421
00:23:05,520 --> 00:23:07,880
They stole it. 
They don't want to talk about 

422
00:23:07,880 --> 00:23:09,800
it. 
They built a giant fucking 

423
00:23:09,800 --> 00:23:12,840
fortress to protect it with 
armed guards. 

424
00:23:13,240 --> 00:23:15,920
And here you have a Central 
American country that's 

425
00:23:15,920 --> 00:23:19,360
basically like, yo, here are 
reserves, bro. 

426
00:23:19,960 --> 00:23:23,680
So again, if the US government 
or any members of the US 

427
00:23:23,680 --> 00:23:27,960
government are going to like, 
lecture El Salvador on democracy

428
00:23:27,960 --> 00:23:33,560
and on this, like shut the F up 
like I like I I don't I I can't 

429
00:23:33,560 --> 00:23:35,720
even listen to you guys. 
Anyways, it goes on to say 

430
00:23:35,720 --> 00:23:38,800
American voters in Congress 
satisfied that Americans gold 

431
00:23:38,800 --> 00:23:42,040
was accounted for, let the 
matter lay for the next 20 

432
00:23:42,040 --> 00:23:44,360
years. 
But national debt piling up from

433
00:23:44,360 --> 00:23:47,560
the Vietnam War and the massive 
welfare programs of Lyndon 

434
00:23:47,560 --> 00:23:50,680
Johnson's Great Society 
accompanied with rising oil 

435
00:23:50,680 --> 00:23:54,600
prices in the early 1970s put 
Americans on edge once again. 

436
00:23:54,840 --> 00:23:58,000
A new spate of concern reached 
Congress on a Washington 

437
00:23:58,000 --> 00:24:02,280
attorney's book charged 20 
billion in gold was missing in a

438
00:24:02,280 --> 00:24:06,520
popular grocery store tabloid. 
The national tattler fanned 

439
00:24:06,520 --> 00:24:09,160
public clamor for a new audit of
Fort Knox. 

440
00:24:09,160 --> 00:24:10,960
This time the government was 
ready. 

441
00:24:11,200 --> 00:24:15,440
It would spend a theoretical, 
theoretical theoretical 

442
00:24:15,440 --> 00:24:20,880
theoretical afternoon showing 
off some gold without revealing 

443
00:24:20,880 --> 00:24:24,880
anything. 
The event, September 23rd, 1974,

444
00:24:25,080 --> 00:24:28,280
is often inaccurately called the
Last Audit of Fort Knox. 

445
00:24:28,440 --> 00:24:32,160
It was nothing more than a 
peekaboo glance at the gold and 

446
00:24:32,160 --> 00:24:35,480
fine Hollywood style. 
Fort Knox was open on that 

447
00:24:35,480 --> 00:24:39,720
Monday afternoon for about two 
hours to some 150 reporters and 

448
00:24:39,720 --> 00:24:44,000
glad, glad handling politicians 
crowding narrow passageways, 

449
00:24:44,000 --> 00:24:47,600
elbowing each other for a few 
seconds to glance into one of 

450
00:24:47,600 --> 00:24:51,080
four vaulted rooms. 
Television Newscast Films 

451
00:24:51,200 --> 00:24:54,480
magazine photographs, including 
the National Tattlers, showed 

452
00:24:54,480 --> 00:24:58,280
various politicians and 
reporters hoisting and admiring 

453
00:24:58,280 --> 00:25:00,440
400 oz. 
Bars of gleaming gold. 

454
00:25:00,440 --> 00:25:04,360
Photos and film of that day show
smiles all around. 

455
00:25:04,920 --> 00:25:09,040
That was the last time, and it 
goes on to say not one of not 

456
00:25:09,040 --> 00:25:12,960
one bar of gold was assayed for 
purity during the 1974 charade. 

457
00:25:13,120 --> 00:25:15,720
Not one serial number was 
checked against official 

458
00:25:15,720 --> 00:25:19,320
records, and no one counted the 
bars of gold stacked to the 

459
00:25:19,320 --> 00:25:22,240
ceiling in the one room that was
open for inspection. 

460
00:25:22,480 --> 00:25:26,720
Other rooms said to be filled 
with gold were not open, right? 

461
00:25:26,960 --> 00:25:31,080
So compare and contrast that 
with this. 

462
00:25:32,000 --> 00:25:36,160
This is the future. 
This is transparency, This is a 

463
00:25:36,200 --> 00:25:41,120
representative democracy. 
This is a government right that 

464
00:25:41,120 --> 00:25:43,720
is being transparent with its 
people. 

465
00:25:43,720 --> 00:25:47,840
And apparently that money right 
belongs to the people. 

466
00:25:48,040 --> 00:25:50,560
And like I told Cedric 
yesterday, the historical 

467
00:25:50,560 --> 00:25:55,080
significance of it and when you 
make something transparent is 

468
00:25:55,080 --> 00:25:58,520
that it's a lot harder to steal 
things when everyone is looking.

469
00:25:58,520 --> 00:26:02,560
Got a question for you guys. 
Why is the US government not 

470
00:26:02,560 --> 00:26:06,200
showing the gold? 
Why did they only show one room 

471
00:26:06,320 --> 00:26:10,960
back in 1974? 
Why haven't people been allowed 

472
00:26:11,120 --> 00:26:15,600
to come back since And that 
giant Fort was literally built 

473
00:26:16,000 --> 00:26:20,040
for the six one O 2 order. 
How effing crazy is that right. 

474
00:26:20,160 --> 00:26:23,760
So you see where Bitcoin comes 
into play into all this and one 

475
00:26:23,760 --> 00:26:26,360
of the things also that was 
mentioned in that like that 

476
00:26:26,360 --> 00:26:31,880
article right quick which was 
the idea that that that are that

477
00:26:33,280 --> 00:26:37,080
the the article stated that that
Fort Knox was built for gold 

478
00:26:37,080 --> 00:26:40,560
coins. 
The reality is that most of the 

479
00:26:40,560 --> 00:26:43,800
golds and the reason that FDR 
was able to get away with the 

480
00:26:43,800 --> 00:26:47,400
six one O 2 order so 
successfully is that the people 

481
00:26:47,400 --> 00:26:51,920
that held large quantities of 
gold had it custodied with a 

482
00:26:51,920 --> 00:26:54,320
bank. 
So really, FDR only had to go to

483
00:26:54,320 --> 00:26:58,520
a handful of banks to get the 
vast majority of the gold right?

484
00:27:00,880 --> 00:27:04,120
This is where Bitcoin is 
different, Naimbukela is showing

485
00:27:04,120 --> 00:27:08,800
it and you as an individual have
the power to take self custody. 

486
00:27:08,800 --> 00:27:12,520
In fact all of our partners, we 
choose them very specifically 

487
00:27:12,760 --> 00:27:19,440
for you to empower yourself by 
taking control, taking over back

488
00:27:20,480 --> 00:27:23,800
your financial sovereignty 
through taking Bitcoin into self

489
00:27:23,800 --> 00:27:28,360
custody so that moments like 
this in history can never happen

490
00:27:28,360 --> 00:27:31,240
again. 
This is absolutely ridiculous. 

491
00:27:31,240 --> 00:27:34,680
Like when I was I, I, I, I, I I 
had like a kind of knee jerk 

492
00:27:34,680 --> 00:27:37,360
moment yesterday on Twitter. 
I went absolutely crazy and then

493
00:27:37,360 --> 00:27:41,480
when I started reading into it, 
I was like holy shit, Fort Knox 

494
00:27:41,480 --> 00:27:44,960
was literally built for the six 
one O 2 order. 

495
00:27:45,440 --> 00:27:49,920
They literally built a Fort to 
house all of the people stolen 

496
00:27:49,920 --> 00:27:53,240
wealth. 
And then we haven't seen that 

497
00:27:53,480 --> 00:27:57,160
since 1974, right? 
If you go on Google and you're 

498
00:27:57,160 --> 00:28:00,760
like, oh, OK, no, they audit 
every I mean, do you trust them,

499
00:28:00,960 --> 00:28:02,560
Right? 
You trust them. 

500
00:28:02,560 --> 00:28:05,520
They're like, oh, take my word 
for it, compare and contrast 

501
00:28:05,520 --> 00:28:07,200
that with what Nayeem Bukele 
did. 

502
00:28:08,000 --> 00:28:11,240
You don't have to trust him. 
You can literally see the 

503
00:28:11,240 --> 00:28:12,800
address. 
It's on chain. 

504
00:28:13,000 --> 00:28:15,240
You can verify it yourself. 
You have your own node. 

505
00:28:15,240 --> 00:28:17,280
You didn't even have to trust 
someone else's copy of the 

506
00:28:17,280 --> 00:28:19,080
blockchain. 
You could trust your copy of the

507
00:28:19,080 --> 00:28:22,680
blockchain and you will see El 
Salvador's reserves right there.

508
00:28:22,680 --> 00:28:29,640
Not moving, right. 
So anyways, yeah, this is a this

509
00:28:29,640 --> 00:28:31,480
is a historic moment in history,
guys. 

510
00:28:31,480 --> 00:28:34,880
And I think, you know, as time 
progresses that will become more

511
00:28:34,880 --> 00:28:39,160
and more and more apparent. 
And once again, El Salvador, El 

512
00:28:39,160 --> 00:28:42,960
Salvador, setting the standard 
for the rest of the world. 

513
00:28:43,200 --> 00:28:45,240
Opti. 
Yeah. 

514
00:28:45,240 --> 00:28:48,680
I mean like I said in the 
beginning, you know this is an 

515
00:28:48,680 --> 00:28:53,120
unprecedented level of 
transparency by El Salvador and 

516
00:28:53,120 --> 00:28:56,080
I love that you compared it with
the Fort Knox and you know call 

517
00:28:56,080 --> 00:29:00,400
me a conspiracy theorist all you
want but I'm of the I lean 

518
00:29:00,400 --> 00:29:03,320
towards the side that there's 
not as much gold as they claim 

519
00:29:03,320 --> 00:29:04,920
there. 
And I really love that article 

520
00:29:04,920 --> 00:29:09,280
that you that you were covering.
Literally guys they literally 

521
00:29:09,280 --> 00:29:12,600
said proof of smiles like that 
is what's backing your gold. 

522
00:29:12,600 --> 00:29:15,120
Oh, they were smiling that they 
know that the gold was there. 

523
00:29:15,120 --> 00:29:17,680
They only saw it for a minute. 
Who knows what they were 

524
00:29:17,680 --> 00:29:20,240
actually looking at? 
Was it tungsten painted gold? 

525
00:29:20,400 --> 00:29:24,080
Was it actually gold bars? 
Obviously they're not able to 

526
00:29:24,080 --> 00:29:26,880
audit all the amount of gold 
there with a few seconds and 

527
00:29:26,880 --> 00:29:29,920
proof of smiles, but whatever. 
That's just like Pete Clown 

528
00:29:29,920 --> 00:29:35,560
World and just seeing Bukele 
expose their, their address with

529
00:29:35,560 --> 00:29:37,440
their reserves. 
You know, I know there's a lot 

530
00:29:37,440 --> 00:29:40,560
of talk on Twitter about like 
proof of reserves as a sham, all

531
00:29:40,560 --> 00:29:43,760
that good stuff. 
But again, I think this is 

532
00:29:43,760 --> 00:29:47,240
setting a new standard for every
nation state out there that the 

533
00:29:47,240 --> 00:29:51,920
financial trickery that is the 
status quo now has a mirror to 

534
00:29:51,920 --> 00:29:53,960
it, which is El Salvador. 
And they're like this is our 

535
00:29:53,960 --> 00:29:57,040
holdings, these are our reserves
and you guys can audit it for 

536
00:29:57,040 --> 00:29:59,960
yourselves. 
And I just love that Bukele was 

537
00:29:59,960 --> 00:30:02,960
memeing it as well in the tweet 
of like, hey, it may not be 

538
00:30:02,960 --> 00:30:06,680
much, but it's honest work and 
man, it just the level of 

539
00:30:06,680 --> 00:30:10,200
transparency there is, is 
absolutely incredible. 

540
00:30:10,280 --> 00:30:14,240
Bukele's a Chad in that regard. 
And when you compare and 

541
00:30:14,240 --> 00:30:16,920
contrast asset to the 
traditional financial system or 

542
00:30:16,920 --> 00:30:20,280
rather clown world that we see 
in the US and in the first world

543
00:30:20,600 --> 00:30:25,360
quote UN quote, it's really an 
incredible moment because like 

544
00:30:25,360 --> 00:30:29,920
their lies now have a a literal 
mirror there in El Salvador. 

545
00:30:29,920 --> 00:30:33,400
It's like look you guys can say 
all you want about us, but 

546
00:30:33,400 --> 00:30:36,120
here's the truth. 
Here's the here's the the 

547
00:30:36,160 --> 00:30:38,280
address where you can verify it 
yourselves. 

548
00:30:38,280 --> 00:30:40,600
And bitcoins have been saying 
that this would happen for a 

549
00:30:40,600 --> 00:30:43,840
long time and I know the the 
Bitcoin meme of like you're not 

550
00:30:43,840 --> 00:30:46,400
supposed to share your holdings 
but guys it's a nation state. 

551
00:30:46,400 --> 00:30:49,880
Like it's the people's money 
that this level of transparency 

552
00:30:49,880 --> 00:30:52,480
is a good thing. 
But one of the things that I 

553
00:30:52,480 --> 00:30:55,480
think is going to be very 
interesting is to see the 

554
00:30:55,480 --> 00:30:58,480
technicals of actually how they 
work this out. 

555
00:30:58,480 --> 00:31:00,200
You know, are they going to be 
using a multi SIG? 

556
00:31:00,200 --> 00:31:01,680
How is this vault that they're 
protected? 

557
00:31:01,680 --> 00:31:04,680
Is it just going to be like a, 
you know, a cold card or a 

558
00:31:04,680 --> 00:31:08,160
passport in there just like a 
single one or like multi sig set

559
00:31:08,240 --> 00:31:08,440
up? 
It's. 

560
00:31:09,520 --> 00:31:09,960
This. 
It's this. 

561
00:31:10,040 --> 00:31:12,480
OK, so this is what it looks 
like I'm telling you right now, 

562
00:31:12,480 --> 00:31:15,200
right? 
So it's a combination of like 

563
00:31:15,320 --> 00:31:18,960
their their cold storage. 
It's like this, Okay, and 

564
00:31:18,960 --> 00:31:22,280
there's a single vault in the 
middle of the room, and it's 

565
00:31:22,280 --> 00:31:24,800
guarded by two armed guards, 
right? 

566
00:31:24,800 --> 00:31:27,360
And a giant portrait of Naeem 
Bouquet behind it. 

567
00:31:28,120 --> 00:31:30,520
And there's. 
Like a statue. 

568
00:31:30,600 --> 00:31:33,880
It's like a glass. 
Bowl, and there's like a single 

569
00:31:33,880 --> 00:31:37,840
Passport Foundation hardware 
wallet sitting right there in 

570
00:31:37,840 --> 00:31:39,520
the middle. 
Yeah. 

571
00:31:39,520 --> 00:31:41,760
Well, yeah, that's the 
interesting part though. 

572
00:31:41,760 --> 00:31:45,440
Like obviously you think they do
a multi sig setup or something 

573
00:31:45,440 --> 00:31:48,480
of that nature, but it's going 
to be very interesting to see 

574
00:31:48,480 --> 00:31:49,560
them. 
It's not. 

575
00:31:49,760 --> 00:31:52,280
I just described it to you. 
I know, I know, I know. 

576
00:31:52,320 --> 00:31:55,080
But let's be honest, insider 
information, OK? 

577
00:31:55,080 --> 00:31:57,880
OK, you know, insider insider 
information on those. 

578
00:31:58,200 --> 00:32:00,800
But it's going to be very 
interesting to see how this 

579
00:32:00,800 --> 00:32:02,880
plays out. 
Not not only like the multi sig 

580
00:32:02,880 --> 00:32:06,400
setup or you know, single sig 
with a password, but it's going 

581
00:32:06,400 --> 00:32:10,280
to be super interesting to see 
them experiment on like them 

582
00:32:10,280 --> 00:32:14,640
securing their cold storage and 
then see how other nations learn

583
00:32:14,640 --> 00:32:18,480
from El Salvador. 
And again, you know, like El 

584
00:32:18,480 --> 00:32:20,400
Salvador is a democracy. 
So it's going to be very 

585
00:32:20,400 --> 00:32:23,960
interesting when there is a new 
president, how this is going to 

586
00:32:23,960 --> 00:32:25,960
be handled, how the keys are 
going to be passed on. 

587
00:32:25,960 --> 00:32:29,600
Is it going to be, you know, 
like both parties, you know, 

588
00:32:29,960 --> 00:32:33,480
holding keys, Like there's a lot
of technicals here that I think 

589
00:32:33,480 --> 00:32:36,640
it's very interesting. 
And I'm, yeah, unprecedented 

590
00:32:36,640 --> 00:32:38,920
levels. 
It's true, I 100% agree. 

591
00:32:39,000 --> 00:32:41,480
But the fact that it's it's 
there, It's trying. 

592
00:32:41,480 --> 00:32:44,640
I agree, and I totally agree. 
Soon as there's Bitcoin going 

593
00:32:44,640 --> 00:32:47,960
out of that address, there's 
accountability now. 100%. 

594
00:32:48,000 --> 00:32:50,680
There's like, ohh wow. 
So the funds are moving. 

595
00:32:50,680 --> 00:32:54,000
Were they moving too right? 
Anyways, Dom, what's your take? 

596
00:32:54,000 --> 00:32:56,600
On this, wait, wait. 
Before we go though, shouts out 

597
00:32:56,600 --> 00:32:59,840
to all the bit corners that were
sending Sats to that address as 

598
00:32:59,840 --> 00:33:01,640
well. 
Like, it's absolutely 

599
00:33:01,640 --> 00:33:03,200
incredible. 
They're like, oh, here's the 

600
00:33:03,200 --> 00:33:06,600
address within like, I think 
minute people were sending 

601
00:33:06,600 --> 00:33:08,880
Bitcoin to El Salvador. 
It's just incredible. 

602
00:33:08,880 --> 00:33:12,800
Like bit corners crack me up. 
Yeah, 100%. 

603
00:33:12,800 --> 00:33:14,720
Anyways, Dom, what's your take 
on all this, brother? 

604
00:33:16,040 --> 00:33:18,520
So many, so many different 
thoughts come to mind, but I'm 

605
00:33:18,520 --> 00:33:19,920
going to give you a couple off 
the bat. 

606
00:33:19,920 --> 00:33:23,080
Number one, you, you have the 
picture up there, Nico of Fort 

607
00:33:23,080 --> 00:33:25,240
Knox. 
And the story here which you 

608
00:33:25,280 --> 00:33:30,720
articulated so well, is this is 
outdated technology, a giant 

609
00:33:30,720 --> 00:33:34,800
building with barbed wire, 
militarized vehicles and and 

610
00:33:34,800 --> 00:33:38,480
military and all these things. 
It's outdated and that's because

611
00:33:38,480 --> 00:33:42,920
gold is outdated technology. 
So they are guarding, it'd be 

612
00:33:42,920 --> 00:33:46,360
like if we had a huge building 
guarding a fax machine, like 

613
00:33:46,360 --> 00:33:48,320
it's just, you know, what's the 
point. 

614
00:33:48,560 --> 00:33:52,960
This is on its way out. 
Obviously that's, you know, gold

615
00:33:52,960 --> 00:33:56,880
still has value, but but it will
not keep pace with the world 

616
00:33:56,880 --> 00:33:58,720
moving forward. 
And that's insane. 

617
00:33:58,720 --> 00:34:02,880
And that that's what makes this 
so massive that El Salvador and 

618
00:34:02,880 --> 00:34:07,760
Bouquet Lee are ahead of 
schedule on this and capturing 

619
00:34:07,760 --> 00:34:10,960
this new tech and using it for 
the best of their country and 

620
00:34:10,960 --> 00:34:12,760
their folks. 
So that's unbelievable. 

621
00:34:13,159 --> 00:34:18,400
My second thought is man, so 
amazing for you know, like Max 

622
00:34:18,400 --> 00:34:21,639
and Stacy. 
You know who obviously were 

623
00:34:21,639 --> 00:34:24,560
pivotal and getting to this 
point, I I just envisioned Max 

624
00:34:24,560 --> 00:34:29,040
looking at this tweet going. 
I used to I used to tip cab 

625
00:34:29,040 --> 00:34:32,560
drivers this amount of Bitcoin 
in New York City. 

626
00:34:32,679 --> 00:34:38,679
You know back in in in 2010 or 
2000, 2011 and to to watch this 

627
00:34:38,679 --> 00:34:42,159
story arc and actually a pretty 
short time if you can if you 

628
00:34:42,159 --> 00:34:46,840
think about you know 2011 Max is
tipping taxi drivers 5000 

629
00:34:46,840 --> 00:34:52,239
Bitcoin and Fast forward to 2024
and a sovereign nation holds 

630
00:34:52,480 --> 00:34:55,080
that amount which doesn't 
represent the entire amount of 

631
00:34:55,080 --> 00:35:00,640
Bitcoin they have but as you 
said is now you know a great 

632
00:35:00,640 --> 00:35:03,400
foundation for the country and 
they're utilizing the tech and 

633
00:35:03,400 --> 00:35:05,320
showing that transparency. 
So that's awesome. 

634
00:35:05,320 --> 00:35:09,760
The third thing, which is more 
of a sad note for me is I own a 

635
00:35:09,760 --> 00:35:13,360
actual bouquet Lee Piggy Bank 
that I bought in El Salvador 

636
00:35:14,000 --> 00:35:16,040
that has a slot in the top of 
the head. 

637
00:35:16,360 --> 00:35:19,120
But I was doing some work in the
house and it broke. 

638
00:35:19,120 --> 00:35:23,520
So this is a sad but also 
hopeful for me because it's very

639
00:35:23,520 --> 00:35:26,160
symbolic. 
My Fiat Piggy Bank broke, but 

640
00:35:26,160 --> 00:35:29,960
now you know you have this, this
new Piggy Bank of the future 

641
00:35:29,960 --> 00:35:33,080
emerging. 
So very cool story and again you

642
00:35:33,080 --> 00:35:36,400
have to give El Salvador all the
props and like like Nico said, 

643
00:35:36,400 --> 00:35:39,320
if you're not being as 
transparent and using tech which

644
00:35:39,320 --> 00:35:42,920
makes it possible to be 
transparent with funds, you 

645
00:35:42,920 --> 00:35:45,960
really should hold your opinion 
to yourself as a as a nation 

646
00:35:47,240 --> 00:35:50,360
ours. 
Absolute signal from Dom. 

647
00:35:50,800 --> 00:35:53,720
Alright guys, before we move on 
to the news, I do want to give a

648
00:35:53,720 --> 00:35:57,080
shout out to our merge guys is a
limited drop by the way. 

649
00:35:57,240 --> 00:35:59,120
We appreciate everyone 
supporting us. 

650
00:35:59,120 --> 00:36:02,080
Man. 
These these shirts and hats have

651
00:36:02,080 --> 00:36:04,800
been flying off the shelf. 
So really appreciate it guys. 

652
00:36:05,240 --> 00:36:08,280
We teamed up with a Bitcoin 
artist, Opti. 

653
00:36:08,280 --> 00:36:09,480
I always pronounce his name 
wrong. 

654
00:36:09,480 --> 00:36:12,520
How do you say it? 
Asanella, Asanella, Asanella. 

655
00:36:12,520 --> 00:36:15,920
Not Asanella, Asanella. 
Asanella Asanella under score 

656
00:36:15,920 --> 00:36:18,960
gold on Twitter There we go. 
And he's an incredible Bitcoin 

657
00:36:18,960 --> 00:36:22,200
artist. 
Love his work and we teamed up 

658
00:36:22,200 --> 00:36:24,720
to him to create some merch. 
So we have the Peaceful Bitcoin 

659
00:36:24,720 --> 00:36:28,760
Revolution shirt, We have the 
Gold Bitcoin Pill shirt. 

660
00:36:28,880 --> 00:36:32,400
We have a gold Bitcoin snapback,
a Gold Bitcoin dad hat. 

661
00:36:32,760 --> 00:36:35,800
The ladies merch. 
We hear you guys, we hear you 

662
00:36:36,000 --> 00:36:38,840
girls better said we have ladies
merch as well. 

663
00:36:38,960 --> 00:36:42,720
So go check it out. 
Go to simplybitcoin.com today 

664
00:36:43,200 --> 00:36:45,840
and get yours while supplies 
last because they are flying off

665
00:36:45,840 --> 00:36:47,320
the shelf. 
We really appreciate the support

666
00:36:47,320 --> 00:36:49,040
guys. 
All right everybody, let's get 

667
00:36:49,040 --> 00:36:50,200
some news. 
We have a lot to talk about 

668
00:36:50,200 --> 00:36:51,000
today. 
Let's check it out. 

669
00:36:51,000 --> 00:36:59,000
Here we go, the Daily News. 
I wanna give a shout out to our 

670
00:36:59,000 --> 00:37:03,120
sponsor, Foundation Devices. 
It's self custody done right. 

671
00:37:03,160 --> 00:37:06,720
They built a premium grade 
hardware wallet called Passport 

672
00:37:06,920 --> 00:37:09,800
right here in the US. 
It's fully open source and 

673
00:37:09,800 --> 00:37:12,440
verifiable. 
It's the most intuitive Bitcoin 

674
00:37:12,440 --> 00:37:16,360
wallet designed with the UX, 
reminiscent of a simple feature 

675
00:37:16,360 --> 00:37:19,160
phone so you will know how to 
navigate it and use it the 

676
00:37:19,160 --> 00:37:22,440
moment you pick it up. 
Get your Bitcoin off exchanges 

677
00:37:22,440 --> 00:37:25,200
and into your into your own 
hands in just a few minutes. 

678
00:37:25,200 --> 00:37:28,200
Experience the Peace of Mind 
that comes with taking ownership

679
00:37:28,240 --> 00:37:31,200
of your own keys. 
After a massive sell out during 

680
00:37:31,200 --> 00:37:35,240
Bitcoin Miami 2023, the passport
is back in stock at 

681
00:37:35,240 --> 00:37:38,960
foundationdevices.com. 
Bitcoin only, open source. 

682
00:37:38,960 --> 00:37:42,920
Verifiable completely Air gap 
security model, gorgeous design,

683
00:37:42,920 --> 00:37:46,240
craft premium grade materials. 
If you're thinking about getting

684
00:37:46,240 --> 00:37:48,880
your Bitcoin off exchange 
changes, this is the one for 

685
00:37:48,880 --> 00:37:50,920
you. 
Check out the passport link in 

686
00:37:50,920 --> 00:37:52,760
the show notes below to learn 
more. 

687
00:37:52,760 --> 00:37:55,480
All right ladies and gentlemen, 
I made it incredibly easy for 

688
00:37:55,480 --> 00:37:57,880
you guys. 
You could scan the QR code on 

689
00:37:57,880 --> 00:38:02,280
your screen right now and this 
is how you'll get yourself a 

690
00:38:02,320 --> 00:38:06,880
passport hardware wallet Guys 
take self custody of your 

691
00:38:06,880 --> 00:38:09,680
Bitcoin and the way that you do 
that is by getting yourself a 

692
00:38:09,680 --> 00:38:11,760
hardware wallet. 
We recommend the Passport by 

693
00:38:11,760 --> 00:38:14,120
Foundation devices, completely 
open source. 

694
00:38:14,480 --> 00:38:16,840
It's so seamless to you, 
especially if you pair it up 

695
00:38:16,960 --> 00:38:19,720
with the Envoy app. 
I highly, highly recommend it. 

696
00:38:20,040 --> 00:38:20,680
Check out. 
Wait, wait. 

697
00:38:20,680 --> 00:38:24,200
And you go before you go, Before
you go, sorry, sorry, Passport 

698
00:38:25,200 --> 00:38:30,840
Foundation devices. 
We do got a super chat, shouts 

699
00:38:30,840 --> 00:38:32,760
out to you guys. 
I appreciate it guys. 

700
00:38:33,200 --> 00:38:34,520
You want to read it opti. 
Yeah sure. 

701
00:38:34,520 --> 00:38:37,320
So shouts up to Thomas Hara. 
I I think he's a zoomer out 

702
00:38:37,320 --> 00:38:39,400
there. 
He goes we go over Fort with 

703
00:38:39,400 --> 00:38:43,840
giant magnet shouts out to you 
is helicopter magnet and 

704
00:38:44,440 --> 00:38:46,680
laughing emojis for cool emojis.
Rustin. 

705
00:38:46,680 --> 00:38:49,400
We got, we got another one. 
Rustin, do not do that. 

706
00:38:49,600 --> 00:38:52,280
We got another one. 
I don't know what CHF is. 

707
00:38:52,800 --> 00:38:55,440
Do you know what? 
Yes, that's the Swiss currency, 

708
00:38:55,480 --> 00:38:57,360
so. 
Congested heart failure. 

709
00:38:58,760 --> 00:39:01,440
Shouts out to you, bro. 
No comment, but we appreciate 

710
00:39:01,440 --> 00:39:02,120
it. 
All right, All right. 

711
00:39:02,120 --> 00:39:04,000
Got Nico. 
We're gonna have to figure out 

712
00:39:04,000 --> 00:39:06,320
the best way to do this. 
I don't know, but without 

713
00:39:06,320 --> 00:39:07,680
cutting you off. 
Appreciate it. 

714
00:39:07,680 --> 00:39:08,520
No, no, no. 
It's all good. 

715
00:39:08,520 --> 00:39:12,160
No, I mean the Super chats 
justify cutting people off. 

716
00:39:12,280 --> 00:39:14,920
OK, you heard it here. 
First, you can cut Niko off. 

717
00:39:14,920 --> 00:39:16,840
Should we? 
Should we Should we create like 

718
00:39:16,960 --> 00:39:20,520
a? 
We should have like a like? 

719
00:39:20,520 --> 00:39:22,720
That's not the right sound. 
Yeah, there we. 

720
00:39:22,720 --> 00:39:23,680
Go. 
There we go. 

721
00:39:23,680 --> 00:39:26,280
There we go. 
OK, let's, let's, let's, let's 

722
00:39:26,560 --> 00:39:29,360
try that again, OK? 
All right, guys, we got a super 

723
00:39:29,360 --> 00:39:31,200
chat from this. 
Sounds good, right? 

724
00:39:31,400 --> 00:39:32,000
That's good. 
That's. 

725
00:39:32,040 --> 00:39:33,640
Good. 
It sounds good. 

726
00:39:34,160 --> 00:39:35,720
It sounds good. 
It sounds good. 

727
00:39:36,240 --> 00:39:38,160
We got a super chat from Dom all
right. 

728
00:39:38,160 --> 00:39:43,480
OK anyways, so quick ETF update.
The BlackRock ETF currently 

729
00:39:43,480 --> 00:39:48,960
holds 22,000. 
Sorry, 20, two, 2200, two. 

730
00:39:48,960 --> 00:39:50,840
I don't know what It's fucking 
Friday, guys. 

731
00:39:50,840 --> 00:39:53,960
I'm sorry. 228. 
Nico Nico's a new dad. 

732
00:39:54,280 --> 00:39:57,520
Nico's a new dad with a 
three-week old and is running on

733
00:39:57,600 --> 00:40:00,360
Vegas sleep right now. 
As you could tell guys, I have 

734
00:40:00,360 --> 00:40:04,480
nots left anyways, so yes, I'm 
not even going to try it again. 

735
00:40:04,840 --> 00:40:09,520
Fidelity currently holds 132,000
Bitcoin and compare that with 

736
00:40:10,000 --> 00:40:15,000
Michael Saylor, 205,000 Bitcoin.
But this man keeps raising 

737
00:40:15,000 --> 00:40:16,400
Bitcoin. 
He's found the IT. 

738
00:40:16,400 --> 00:40:19,480
Sorry, keep raising money. 
He found the infinite money 

739
00:40:19,480 --> 00:40:22,520
glitch. 
And I suspect Michael Sailor's 

740
00:40:22,520 --> 00:40:26,240
stack will continue to grow. 
He wants to hit that 1%, which 

741
00:40:26,240 --> 00:40:32,920
is 210,000 Bitcoin. 
Did we lose him? 

742
00:40:35,560 --> 00:40:38,200
Might have been a little freeze 
frame right there. 

743
00:40:38,200 --> 00:40:40,080
Or is he frozen? 
For you think he's frozen for 

744
00:40:40,080 --> 00:40:40,680
me. 
Nico. 

745
00:40:40,680 --> 00:40:41,600
Nico. 
We lost you. 

746
00:40:41,600 --> 00:40:44,080
We lost you. 
Come back to the light. 

747
00:40:45,960 --> 00:40:49,120
Come to the light. 
They cut off his Internet again.

748
00:40:50,160 --> 00:40:51,800
Hey, but we're still running 
live, dude. 

749
00:40:51,800 --> 00:40:53,360
There's Hey, what's up? 
Yeah, so. 

750
00:40:53,640 --> 00:40:56,280
So check it out. 
There's your quick update. 

751
00:40:56,720 --> 00:40:58,120
Now you got you cut. 
Off for a moment. 

752
00:40:58,120 --> 00:41:04,520
You you were lagging. 
Still lagging. 

753
00:41:09,720 --> 00:41:14,800
Wow, we do this live. 
Hey, we run it live and you 

754
00:41:14,800 --> 00:41:17,160
know, it just happens so all. 
Right. 

755
00:41:17,160 --> 00:41:20,200
Let's let me see if we can pull 
them off real quick. 

756
00:41:21,520 --> 00:41:23,000
Pull them back into the light 
Opti. 

757
00:41:23,000 --> 00:41:25,920
In the meantime, Lummus was just
going to talk about how she's 

758
00:41:25,920 --> 00:41:30,880
anti CBDC. 
Yeah, Nico, you're let's see, 

759
00:41:30,960 --> 00:41:32,720
he's done. 
He's out of here. 

760
00:41:34,680 --> 00:41:36,080
Wow. 
Mid show. 

761
00:41:37,360 --> 00:41:40,080
Hey, things happen, you know, 
It's like, it's like in The 

762
00:41:40,080 --> 00:41:42,800
Godfather when Michael Corleone 
comes back and they say, hey, 

763
00:41:42,800 --> 00:41:44,360
you're the dawn now, you know, 
so it's. 

764
00:41:44,440 --> 00:41:46,640
Like you're the dawn. 
Opti bro, you know. 

765
00:41:46,640 --> 00:41:49,080
I mean, I don't I I don't even 
completely forgot what he was 

766
00:41:49,080 --> 00:41:52,120
gonna, what he was gonna cover. 
So let's see what's going on. 

767
00:41:52,440 --> 00:41:54,040
He was. 
He was on ETFs. 

768
00:41:54,080 --> 00:41:57,840
The massive flows the fact. 
That he he just, yeah, like can 

769
00:41:57,840 --> 00:41:59,800
we talk about the Sailor stuff 
again? 

770
00:41:59,800 --> 00:42:01,200
I know we've been covering it 
all week. 

771
00:42:01,240 --> 00:42:05,120
He'll pop in right now. 
But like it's so interesting 

772
00:42:05,120 --> 00:42:08,720
just watching Sailor be like, 
I'm going to get to 1% I'm not 

773
00:42:08,720 --> 00:42:10,520
going to let Black Rock win 
here. 

774
00:42:10,720 --> 00:42:16,080
And then the the the discrepancy
between the, what's it the 

775
00:42:16,080 --> 00:42:19,600
Fidelity ETF and the Black Rock 
ETF. 

776
00:42:19,840 --> 00:42:26,080
Like, dude, BlackRock is just 
scooping up all of the coins and

777
00:42:26,520 --> 00:42:28,680
they're they're dude, they're 
winning the pack. 

778
00:42:28,720 --> 00:42:30,640
They're absolutely winning the 
pack. 

779
00:42:31,280 --> 00:42:36,120
Yeah, the ETFs, you know, as 
we've seen in the numbers, they 

780
00:42:36,120 --> 00:42:41,280
have insanely exceeded 
expectations and the interest 

781
00:42:41,280 --> 00:42:45,240
stays consistent. 
And so and then and then you 

782
00:42:45,240 --> 00:42:47,880
have Sailor who's like, all 
right, you know, you guys want 

783
00:42:47,880 --> 00:42:50,200
to raise me one, like I'll raise
you one right back. 

784
00:42:50,200 --> 00:42:51,960
We're going back to stacking 
more. 

785
00:42:53,520 --> 00:42:56,960
I'm wondering how long until 
Sailor starts building an AI 

786
00:42:56,960 --> 00:43:00,160
program to do interviews 'cause 
you can, I'm starting to see, 

787
00:43:00,400 --> 00:43:02,240
you know, that Lat, the 
interview you guys started the 

788
00:43:02,240 --> 00:43:04,840
show off with the with the gal 
who was like, but come on 

789
00:43:04,840 --> 00:43:07,240
Michael. 
People buy assets to sell them. 

790
00:43:07,240 --> 00:43:10,240
You see in the eyes like the 
light just go out and he goes, 

791
00:43:10,240 --> 00:43:13,200
OK, I was trying to be technical
on this, but now I'm going to 

792
00:43:13,200 --> 00:43:16,280
just switch, OK? 
We have a name for people that 

793
00:43:16,280 --> 00:43:18,440
say with Pi. 
We call them poor. 

794
00:43:18,640 --> 00:43:19,800
All right. 
You know, I'm going to, I'm 

795
00:43:19,800 --> 00:43:21,240
going to do a hard pivot right 
here. 

796
00:43:21,240 --> 00:43:23,840
Let's jump into the culture with
Dom so we can continue the 

797
00:43:23,840 --> 00:43:26,160
conversation, guys. 
Nico will pop in and then we'll,

798
00:43:26,200 --> 00:43:28,080
if he pops back in, we'll finish
with the news. 

799
00:43:28,080 --> 00:43:33,520
So let's go into the culture, 
the daily culture. 

800
00:43:40,120 --> 00:43:41,520
All right, guys, hold on, hold 
on. 

801
00:43:41,520 --> 00:43:44,640
I'm I'm doing everything real 
time so that we can get 

802
00:43:44,640 --> 00:43:47,240
everything going. 
Since Nico didn't pay his 

803
00:43:47,240 --> 00:43:50,080
Internet bill or whatever, first
and foremost you already know 

804
00:43:50,080 --> 00:43:53,080
the deal. 
Kaboom racks. 

805
00:43:53,400 --> 00:43:57,160
Go to kaboomracks.com, join the 
Telegram group, the best place 

806
00:43:57,160 --> 00:44:00,240
to buy, sell and host your 
ASICS. 

807
00:44:00,880 --> 00:44:03,320
If you're thinking about mining 
Bitcoin, get in touch with the 

808
00:44:03,320 --> 00:44:06,960
Kaboom Racks team because they 
will tell you everything you 

809
00:44:06,960 --> 00:44:10,040
need to know in regards to 
whether this is the best time to

810
00:44:10,040 --> 00:44:13,880
be buying a six, whether you 
should get into mining Bitcoin. 

811
00:44:14,920 --> 00:44:17,000
Excuse me? 
Jeez. 

812
00:44:17,320 --> 00:44:21,120
Dying over here, the team is, in
my opinion, one of the best. 

813
00:44:21,120 --> 00:44:23,560
All right, next thing Shouts out
the Bitcoin evangelism. 

814
00:44:23,560 --> 00:44:25,880
Shouts out to our boy Brian de 
Mint. 

815
00:44:26,080 --> 00:44:28,920
We are on the mission to 
evangelize the world. 

816
00:44:28,920 --> 00:44:31,240
We have millions of people to 
Orange Pill. 

817
00:44:31,480 --> 00:44:33,200
Get the book. 
It's one of the best books so 

818
00:44:33,200 --> 00:44:35,880
that you can have the talking 
point so that you know what to 

819
00:44:35,880 --> 00:44:39,480
say to your normie friends when 
they try to flood Bitcoin. 

820
00:44:39,640 --> 00:44:41,480
Scan the QR codes. 
You already know the deal. 

821
00:44:41,480 --> 00:44:44,520
Let's get into the culture with 
Dom so that we can keep the show

822
00:44:44,520 --> 00:44:46,760
going. 
Considering that Nico got naked 

823
00:44:46,760 --> 00:44:48,760
right now live. 
They cut his Internet. 

824
00:44:48,920 --> 00:44:51,000
He just DM me. 
They cut his Internet. 

825
00:44:51,000 --> 00:44:52,560
Let's see. 
All right, he said. 

826
00:44:52,560 --> 00:44:55,800
Give me a second. 
All right, so, Dom, actually, 

827
00:44:55,800 --> 00:44:57,960
let's go. 
Let's go here first for a 

828
00:44:57,960 --> 00:45:00,720
second. 
If people don't know what you're

829
00:45:00,720 --> 00:45:04,000
working on, let's start with 
what is proof of workforce? 

830
00:45:04,000 --> 00:45:06,200
What is the goal that you've 
been doing? 

831
00:45:06,360 --> 00:45:08,160
What is everything going on with
you? 

832
00:45:08,160 --> 00:45:11,040
Oh, is he bad? 
OK, Nico, I I pivoted. 

833
00:45:11,040 --> 00:45:12,720
We're going to do the culture. 
We're going to do the culture 

834
00:45:12,720 --> 00:45:13,920
real quick. 
And then we'll go back to the 

835
00:45:13,920 --> 00:45:14,680
news. 
Yeah. 

836
00:45:14,680 --> 00:45:15,880
Did you play? 
No, no, all good. 

837
00:45:15,880 --> 00:45:18,920
Did you play the transition? 
Yeah, yeah, we're we're in the 

838
00:45:18,920 --> 00:45:21,760
culture. 
So for the people that don't 

839
00:45:21,760 --> 00:45:25,080
know what is proof of workforce,
what is your goal? 

840
00:45:25,280 --> 00:45:28,400
And then we'll update them on 
how it's been going and some of 

841
00:45:28,400 --> 00:45:29,600
the stuff you've been tweeting 
lately. 

842
00:45:30,760 --> 00:45:33,400
Yeah, thank you. 
So I I know I've had the the 

843
00:45:33,400 --> 00:45:35,640
great fortune of being on here 
before and some of your 

844
00:45:35,640 --> 00:45:39,080
listeners may be familiar of 
with proof of Workforce but I'm 

845
00:45:39,080 --> 00:45:41,360
going to do a brief overview for
those who aren't. 

846
00:45:42,040 --> 00:45:45,880
Proof of workforce is a non 
profit that was born out of the 

847
00:45:45,880 --> 00:45:49,640
idea to assist the Santa Monica 
firefighters and becoming the 

848
00:45:49,640 --> 00:45:53,120
first union in the nation to 
hold Bitcoin on the balance 

849
00:45:53,120 --> 00:45:57,520
sheet in self custody with no 
third party from that the 

850
00:45:57,520 --> 00:46:01,080
nonprofit came to be and our 
mission is very simple. 

851
00:46:01,760 --> 00:46:04,320
We want to provide no cost 
resources. 

852
00:46:04,320 --> 00:46:07,720
We know that it's a very complex
field out there for people that 

853
00:46:07,720 --> 00:46:11,120
are looking to bring Bitcoin to 
their organization and it's hard

854
00:46:11,120 --> 00:46:14,080
to figure out like who can, you 
know, where do we get quality 

855
00:46:14,080 --> 00:46:17,240
resources? 
You know, proof of workforce is 

856
00:46:17,240 --> 00:46:19,800
a nonprofit. 
We have no product to sell, we 

857
00:46:19,800 --> 00:46:23,080
have no fees to charge. 
We don't care where you end up, 

858
00:46:23,120 --> 00:46:26,160
you know buying Bitcoin, holding
Bitcoin, we just give you solid 

859
00:46:26,160 --> 00:46:29,040
information. 
And so our mission is to help 

860
00:46:29,360 --> 00:46:32,720
bitcoiners, and even in some 
cases non coiners that become 

861
00:46:32,720 --> 00:46:37,400
bitcoiners bring Bitcoin to 
their organizations, whether it 

862
00:46:37,400 --> 00:46:43,120
be a union, a pension fund, a 
municipality organization, But 

863
00:46:43,120 --> 00:46:47,320
focus on the workforce because 
workers are most vulnerable to 

864
00:46:47,320 --> 00:46:49,560
inflation. 
They trade their time for money 

865
00:46:49,560 --> 00:46:53,040
in the short term and they also 
trade their time for money in 

866
00:46:53,040 --> 00:46:55,240
the long term with retirement 
and things like that. 

867
00:46:55,240 --> 00:46:59,760
So we want to give you resources
to have the best chance to bring

868
00:46:59,760 --> 00:47:03,720
Bitcoin to your organization. 
So we work with tons of Labor 

869
00:47:03,720 --> 00:47:08,560
unions, cities, pension funds. 
We're even working abroad with 

870
00:47:08,560 --> 00:47:10,560
some folks. 
Now anyone that's trying to 

871
00:47:10,560 --> 00:47:13,720
bring Bitcoin to their 
organization, we're here to 

872
00:47:13,720 --> 00:47:16,440
assist with that. 
So that is proof of workforce. 

873
00:47:16,840 --> 00:47:19,000
Love it, Dom. 
OK, now let me pull up this 

874
00:47:19,000 --> 00:47:22,160
tweet here that I was going to 
play earlier. 

875
00:47:22,160 --> 00:47:25,360
I I saw this tweet yesterday. 
Or when you when you tweet this 

876
00:47:25,360 --> 00:47:29,520
two days ago and it's it's very 
interesting considering we are 

877
00:47:29,520 --> 00:47:32,040
in an election season. 
Of course you're working in 

878
00:47:32,040 --> 00:47:34,320
America. 
We we are American centric. 

879
00:47:34,560 --> 00:47:38,200
But I think this is one of those
good framings for everyone out 

880
00:47:38,200 --> 00:47:41,240
there when we're talking about 
how to best represent Bitcoin. 

881
00:47:41,440 --> 00:47:44,440
And here's Dom's tweet many 
Americans haven't yet made the 

882
00:47:44,440 --> 00:47:47,000
connection on how Bitcoin 
adoption addresses their biggest

883
00:47:47,000 --> 00:47:50,400
concerns going into 24 election.
Thanks to bitcoiners, many 

884
00:47:50,400 --> 00:47:53,200
people are figuring it out every
day and I don't know where you 

885
00:47:53,200 --> 00:47:57,920
got this, this voter issues. 
What would you call this graph 

886
00:47:57,920 --> 00:47:59,680
here. 
But look at what number one is 

887
00:47:59,680 --> 00:48:03,320
guys, 20% on inflation for the 
most important issues for voters

888
00:48:03,320 --> 00:48:06,880
in the US So add that with 
everything else we're seeing 

889
00:48:06,880 --> 00:48:08,760
going on. 
We also saw this you know 

890
00:48:08,760 --> 00:48:11,920
Arizona State Senate considering
adding Bitcoin ETFs to their 

891
00:48:11,920 --> 00:48:15,000
retirement portfolios. 
You even are showing that 

892
00:48:15,000 --> 00:48:18,000
Pennsylvania employees pension 
range and private equity 

893
00:48:18,000 --> 00:48:21,000
commitment plans. 
Guys, there is a solution to 

894
00:48:21,000 --> 00:48:25,120
this and maybe it's just getting
into Bitcoin, maybe it's just 

895
00:48:25,120 --> 00:48:27,040
stacking some Bitcoin for your 
retirement. 

896
00:48:27,040 --> 00:48:30,640
So connecting all that together,
Dom, what's going on here? 

897
00:48:30,640 --> 00:48:33,800
Are we going to see some 
exciting names coming out in Q2 

898
00:48:33,800 --> 00:48:35,680
of this year? 
Like what have you been seeing 

899
00:48:35,680 --> 00:48:40,320
on the ground? 
Yeah, so the original poll that 

900
00:48:40,320 --> 00:48:45,360
you showed was a 2024 poll 
ranking the issues for American 

901
00:48:45,360 --> 00:48:47,760
voters going into the 
presidential election of what's 

902
00:48:47,760 --> 00:48:50,440
most important to them. 
The reason I started looking 

903
00:48:50,440 --> 00:48:55,720
into this is, as you know, Biden
has reintroduced the 30% excise 

904
00:48:55,720 --> 00:48:59,040
tax on mining. 
Now while I look at this as 

905
00:48:59,040 --> 00:49:03,720
being a bargaining chip, I stop 
and I ask myself why? 

906
00:49:03,880 --> 00:49:07,560
Why is why are they even allowed
to use this as a bargaining chip

907
00:49:07,560 --> 00:49:10,440
right like because for us it's a
non starter. 

908
00:49:10,440 --> 00:49:14,520
We know how bad a 30% tax would 
be on miners and and what it 

909
00:49:14,520 --> 00:49:17,800
would do to the mining industry 
in the US which is leading right

910
00:49:17,800 --> 00:49:21,160
now in the world. 
And then you start to look at 

911
00:49:21,560 --> 00:49:23,720
the consequence of doing 
something like this. 

912
00:49:23,720 --> 00:49:27,160
And so you know adoption is 
going well. 

913
00:49:27,160 --> 00:49:31,480
We have more bitcoiners around 
the country every day, but 

914
00:49:32,080 --> 00:49:37,040
elected officials still enjoy 
the luxury of having Bitcoin not

915
00:49:37,120 --> 00:49:41,320
not poll as a top five issue, 
and therefore they can use 

916
00:49:41,320 --> 00:49:45,880
things like a mining tax to try 
to get concessions from the 

917
00:49:45,880 --> 00:49:48,640
other side of the aisle. 
Who maybe cares more about 

918
00:49:48,640 --> 00:49:51,440
mining or has more lobbyists, 
you know, in their ear on 

919
00:49:51,440 --> 00:49:54,280
mining. 
The funny thing is, is that 

920
00:49:54,280 --> 00:49:57,880
while Bitcoin isn't a top five 
issue on polling, if you pull up

921
00:49:57,880 --> 00:50:03,120
that that image, it's directly 
correlated to all the top 

922
00:50:03,120 --> 00:50:06,680
issues, including the number one
issue, which is inflation, 

923
00:50:06,800 --> 00:50:11,120
prices and the economy. 
It's just that Bitcoin Americans

924
00:50:11,120 --> 00:50:13,280
need to get they they're on 
their way there, right? 

925
00:50:13,280 --> 00:50:16,160
You guys can feel it. 
I can feel it right now that 

926
00:50:16,160 --> 00:50:18,760
they're getting close to 
figuring out, Oh my gosh, 

927
00:50:18,760 --> 00:50:22,480
there's something wrong with our
money and and and there's a 

928
00:50:22,480 --> 00:50:27,160
limited time until that that gap
closes where people go, yeah, my

929
00:50:27,160 --> 00:50:31,080
#1 issue voting is inflation. 
And I also know that our money 

930
00:50:31,080 --> 00:50:33,080
is broken and bitcoins a better 
option. 

931
00:50:33,080 --> 00:50:38,120
So don't try to introduce some, 
you know, devastating mining 

932
00:50:38,120 --> 00:50:41,680
taxes, a bargaining chip or 
you'll lose my vote completely 

933
00:50:41,680 --> 00:50:44,720
just even for introducing it. 
That's where we need to get. 

934
00:50:45,040 --> 00:50:47,720
That's where I think all of us 
are working really hard to get 

935
00:50:47,720 --> 00:50:49,800
people there. 
So I thought this was really 

936
00:50:49,800 --> 00:50:51,280
interesting. 
Some of the other things on 

937
00:50:51,280 --> 00:50:55,320
their healthcare, which we know 
has heavy foundations of its 

938
00:50:55,320 --> 00:50:57,560
biggest problems because of the 
Fiat system. 

939
00:50:57,560 --> 00:51:00,760
You go to the emergency room and
you get a bill for like a 

940
00:51:00,760 --> 00:51:03,640
Band-Aid cost you $20,000. 
But you're, you know what? 

941
00:51:03,640 --> 00:51:08,760
What the hell is going on here? 
Jobs in the economy, right? 

942
00:51:08,760 --> 00:51:11,360
The the list goes on. 
Even the environment, right? 

943
00:51:11,360 --> 00:51:14,160
With Bitcoin, in my opinion, 
being able to do more for 

944
00:51:14,160 --> 00:51:19,240
renewable energy, then you know,
California has this goal for 

945
00:51:19,240 --> 00:51:22,360
renewable energy and they're not
going to achieve it. 

946
00:51:22,360 --> 00:51:25,240
Bitcoin can help close that gap 
and achieve some of these goals.

947
00:51:25,240 --> 00:51:27,760
So Bitcoin is for everyone, They
just need to find it. 

948
00:51:28,480 --> 00:51:30,640
Pension funds are warming up to 
this. 

949
00:51:30,720 --> 00:51:33,920
I saw someone in the comments 
that said oh Houston was the 

950
00:51:33,920 --> 00:51:37,160
first to add Bitcoin. 
They added Bitcoin to their 

951
00:51:37,160 --> 00:51:38,600
balance sheet. 
Their a pension. 

952
00:51:39,680 --> 00:51:41,160
They didn't do it in self 
custody. 

953
00:51:41,160 --> 00:51:42,840
They had a third party 
custodian. 

954
00:51:43,760 --> 00:51:47,160
The Santa Monica firefighters 
was a fund and we were the first

955
00:51:47,160 --> 00:51:49,000
to put it in self custody on our
fund. 

956
00:51:49,000 --> 00:51:50,760
So I was just addressing that 
real quick. 

957
00:51:51,200 --> 00:51:55,920
Arizona passed a resolution 
setting a hard deadline of 

958
00:51:55,920 --> 00:51:59,120
calling for a comprehensive 
report on ways that Bitcoin can 

959
00:51:59,120 --> 00:52:02,000
serve their pension state 
pension system. 

960
00:52:02,240 --> 00:52:04,760
So that is going to be delivered
before the next quarter. 

961
00:52:04,760 --> 00:52:08,040
We're seeing. 
We're using that as fuel to hit 

962
00:52:08,040 --> 00:52:10,160
other states. 
I, I text, you know, I I 

963
00:52:10,160 --> 00:52:13,680
messaged some folks in other 
pension system saying well looks

964
00:52:13,680 --> 00:52:16,480
like you're not going to be the 
first anymore but will you be 

965
00:52:16,480 --> 00:52:19,280
the last question mark? 
I I don't know, you know, I 

966
00:52:19,280 --> 00:52:23,000
don't maybe some states will be 
the 50th to get on board and and

967
00:52:23,000 --> 00:52:25,880
they will do it. 
So it's slow. 

968
00:52:25,960 --> 00:52:28,040
The pension systems are slow to 
move. 

969
00:52:28,040 --> 00:52:31,360
There's a lot of you know 
complexity and moving parts but 

970
00:52:31,360 --> 00:52:34,720
they are coming around. 
They have a vehicle with the ETF

971
00:52:35,120 --> 00:52:39,880
and Bitcoin once again proving 
that it is not dead. 

972
00:52:39,880 --> 00:52:43,720
Just like it will prove in this 
whatever small little tiny drop 

973
00:52:43,720 --> 00:52:46,080
that people will focus on, It is
not dead. 

974
00:52:46,360 --> 00:52:49,600
It is the most resilient tech 
out there. 

975
00:52:50,480 --> 00:52:55,160
People are finally starting to 
to ask, maybe the New York Times

976
00:52:55,160 --> 00:52:57,320
was wrong. 
You know, maybe these mainstream

977
00:52:57,320 --> 00:53:00,800
media outlets just, I don't 
know, they had a different 

978
00:53:00,800 --> 00:53:04,440
agenda because this thing is not
dead like they said 1000 times 

979
00:53:04,440 --> 00:53:06,400
before. 
So really great things that 

980
00:53:06,400 --> 00:53:08,680
we're seeing in our work in the 
space. 

981
00:53:09,200 --> 00:53:13,320
Love it and and can you tell the
people about the the Santa 

982
00:53:13,320 --> 00:53:18,640
Monica's treasury and how it's 
outperforming everything and and

983
00:53:18,640 --> 00:53:21,600
that just like how hyped you are
that you actually forced that 

984
00:53:21,600 --> 00:53:24,240
move to happen or it incentivize
that move to happen. 

985
00:53:24,840 --> 00:53:27,160
Yeah. 
So, so most workforce 

986
00:53:27,160 --> 00:53:29,960
organizations and unions 
etcetera, they keep a reserve 

987
00:53:29,960 --> 00:53:33,960
fund and they keep this for kind
of a rainy day, right, In case 

988
00:53:33,960 --> 00:53:37,280
something happens, maybe they go
on strike, who knows what what's

989
00:53:37,280 --> 00:53:39,720
going to happen. 
But they have funds there. 

990
00:53:40,040 --> 00:53:43,240
The problem is, is they've 
traditionally kept these funds 

991
00:53:43,920 --> 00:53:47,360
just holding cash, which as we 
know are getting wrecked from 

992
00:53:47,360 --> 00:53:49,360
inflation. 
So by the time they need these 

993
00:53:49,360 --> 00:53:53,000
monies, they don't. 
They buy you a Tacoma truck and 

994
00:53:53,000 --> 00:53:55,200
meanwhile you needed this 
massive amount of money to get 

995
00:53:55,200 --> 00:53:57,480
you out of this situation and 
you can't do much with it. 

996
00:53:57,800 --> 00:54:03,880
So what we did was take a make a
small allocation to Bitcoin, put

997
00:54:03,880 --> 00:54:07,840
it on the reserve balance sheet 
and of course, look, it's not, 

998
00:54:07,840 --> 00:54:10,440
it's not time in the market, 
it's time in the market and we 

999
00:54:10,440 --> 00:54:12,160
still have little time in the 
market. 

1000
00:54:12,160 --> 00:54:17,440
This is a long term play, but in
just four months we surpassed 

1001
00:54:17,440 --> 00:54:22,160
the percentage yield gained from
you know high interest CDs. 15 

1002
00:54:22,160 --> 00:54:24,880
years worth of yield percentages
gained in four months with 

1003
00:54:24,880 --> 00:54:28,960
Bitcoin at a smaller percentage 
in real dollars because we've 

1004
00:54:28,960 --> 00:54:32,920
always allocated more to like 
safer high yield CDs. 

1005
00:54:33,560 --> 00:54:38,360
At least six to seven years of 
actual dollars for a much higher

1006
00:54:38,360 --> 00:54:42,840
allocation to like a something 
like ACD surpassed in just four 

1007
00:54:42,840 --> 00:54:43,920
months. 
Amazing. 

1008
00:54:44,240 --> 00:54:48,440
So now Bitcoin represents a 
large part of the reserve and 

1009
00:54:48,440 --> 00:54:52,400
even if inflation gets, you 
know, significantly worse, the 

1010
00:54:52,400 --> 00:54:58,200
reason we have the money will be
able to carry out that goal or 

1011
00:54:58,200 --> 00:55:00,320
that mission of doing what it 
needs to do. 

1012
00:55:00,320 --> 00:55:02,760
When that time comes, we don't 
have to worry about depleting 

1013
00:55:02,760 --> 00:55:07,400
our funds from inflation. 
And we did it with a 

1014
00:55:07,400 --> 00:55:10,880
conservative amount where if 
Bitcoin were to go drop 

1015
00:55:10,880 --> 00:55:14,920
significantly, it would not 
impact also our ability to, you 

1016
00:55:14,920 --> 00:55:17,800
know, serve the membership. 
So this is massive and we're 

1017
00:55:17,800 --> 00:55:21,720
just looking at it the other day
going like, oh, you know, that, 

1018
00:55:21,760 --> 00:55:24,920
you know, we were like, when 
does the other CD come to term, 

1019
00:55:24,920 --> 00:55:26,640
you know? 
But again, we still have to be 

1020
00:55:26,640 --> 00:55:29,640
responsible. 
I still think for organizations 

1021
00:55:30,160 --> 00:55:33,880
the investment cannot outpace 
the education because then you 

1022
00:55:33,880 --> 00:55:37,760
switch to gambling instead of 
utilizing Bitcoin as a long term

1023
00:55:37,760 --> 00:55:41,200
asset to benefit the members. 
Amazing. 

1024
00:55:41,200 --> 00:55:43,560
Amazing. 
All right, let's let's pivot a 

1025
00:55:43,560 --> 00:55:46,520
little bit. 
Dom, you guys are doing a proof 

1026
00:55:46,520 --> 00:55:49,680
of work for spaces tonight. 
Are you going to be updating 

1027
00:55:49,680 --> 00:55:51,840
them on what you're working on? 
The ground you you were just 

1028
00:55:51,840 --> 00:55:55,560
telling me you're going to be 
talking at the policy summit, 

1029
00:55:55,560 --> 00:55:57,920
you're going to California to 
talk to some pensions, You might

1030
00:55:57,920 --> 00:55:59,920
even be out of state talking to 
people. 

1031
00:56:00,120 --> 00:56:01,640
So what's going on? 
What are you guys going to be 

1032
00:56:01,640 --> 00:56:04,680
talking about? 
Yeah, Today we're doing a new 

1033
00:56:04,680 --> 00:56:07,520
Friday spaces that we do every 
day at 11. 

1034
00:56:07,800 --> 00:56:10,160
It's called Payday Friday with 
proof of workforce. 

1035
00:56:10,200 --> 00:56:13,240
Luckily, the market's shown us 
some love so that we can get, 

1036
00:56:13,240 --> 00:56:15,280
you know, when everyone getting 
their paycheck this Friday can 

1037
00:56:15,280 --> 00:56:18,080
get a little more sats than they
thought they would a few days 

1038
00:56:18,080 --> 00:56:18,960
ago. 
Oh yeah. 

1039
00:56:19,760 --> 00:56:23,720
We do a little brief news 
rundown of things that are, you 

1040
00:56:23,720 --> 00:56:27,480
know, pertaining to the wage 
earner in the realm of Bitcoin 

1041
00:56:27,480 --> 00:56:29,480
throughout the the country and 
the world. 

1042
00:56:30,400 --> 00:56:34,160
Today we're going to talk about 
the concept of how do 

1043
00:56:34,160 --> 00:56:38,560
individuals navigate potentially
taking you know utilizing the 

1044
00:56:38,840 --> 00:56:42,280
gains they've made in Bitcoin 
but holding on to their Bitcoin 

1045
00:56:42,280 --> 00:56:46,880
how to avoid like over 
leveraging getting into bad 

1046
00:56:46,880 --> 00:56:51,000
situations with trying to borrow
against your Bitcoin utilizing 

1047
00:56:51,240 --> 00:56:55,800
you know we know that the the 
the Celsius is of the world you 

1048
00:56:55,800 --> 00:56:59,240
know and and the block fives 
will re emerge like and so how 

1049
00:56:59,240 --> 00:57:02,800
do you navigate that and protect
yourself and and be very wary of

1050
00:57:02,800 --> 00:57:07,080
of losing your Bitcoin. 
So we're talking about that and 

1051
00:57:07,080 --> 00:57:09,560
we're also going to have, I 
don't know if you guys know the 

1052
00:57:09,560 --> 00:57:12,520
folks from smart vaults on, but 
we're going to talk about vault 

1053
00:57:12,520 --> 00:57:15,920
solutions for organizations. 
So if you have an organization 

1054
00:57:16,280 --> 00:57:19,280
like a workforce organization, a
union or even a church or 

1055
00:57:19,280 --> 00:57:22,040
something like that, we're going
to talk some exciting stuff 

1056
00:57:22,040 --> 00:57:25,200
about what vault solutions are 
out there that fit an 

1057
00:57:25,200 --> 00:57:29,080
organization that has board 
members, multi signatories 

1058
00:57:29,080 --> 00:57:32,520
etcetera to safely self custody 
your Bitcoin. 

1059
00:57:32,520 --> 00:57:35,040
So we'll do that and then of 
course we'll give an update on 

1060
00:57:35,320 --> 00:57:38,160
stuff that we're doing. 
We are going to DC for the 

1061
00:57:39,320 --> 00:57:43,200
Bitcoin Policy Institute Summit 
going to be presenting at Bit 

1062
00:57:43,200 --> 00:57:46,080
Block Boom in Dallas. 
I know both of Y'all are going 

1063
00:57:46,080 --> 00:57:47,800
to be there. 
You're going to be there, right,

1064
00:57:47,800 --> 00:57:49,320
Miko? 
Yeah, yeah, we're gonna be 

1065
00:57:49,320 --> 00:57:51,040
there. 
Simply doing the production for 

1066
00:57:51,040 --> 00:57:54,160
it. 
So you should We might be there,

1067
00:57:54,160 --> 00:57:55,920
We might be there. 
We might be there in. 

1068
00:57:56,080 --> 00:57:57,760
Spirit. 
The fams gonna be. 

1069
00:57:57,760 --> 00:57:59,560
I can't wait. 
It's my first time with. 

1070
00:57:59,560 --> 00:58:02,480
Jackson is gonna be on the news 
desk a bit block Boom, just like

1071
00:58:02,480 --> 00:58:04,640
he was on the news desk at 
Unconfiscatable Baby. 

1072
00:58:04,680 --> 00:58:07,400
And that's what's up. 
I can't wait. 

1073
00:58:07,400 --> 00:58:10,520
So yeah, we're doing that. 
We're doing some stuff abroad in

1074
00:58:10,520 --> 00:58:12,120
April. 
We're working with some cities 

1075
00:58:12,120 --> 00:58:16,440
in the Midwest to build out a 
Bitcoin fund to help fund 

1076
00:58:16,480 --> 00:58:18,480
unfunded liabilities for 
pensions. 

1077
00:58:18,760 --> 00:58:22,880
So using Bitcoin to strengthen 
the finances of membership base 

1078
00:58:22,880 --> 00:58:25,960
kind of organization stuff. 
So lots of cool stuff. 

1079
00:58:25,960 --> 00:58:28,840
But if you guys are around, 
would love to have, and I know 

1080
00:58:28,840 --> 00:58:32,040
you guys are probably busy but 
any of the listeners at 11, if 

1081
00:58:32,040 --> 00:58:35,720
you want to pop in briefly bring
anything you wanna talk about 

1082
00:58:35,720 --> 00:58:39,360
pertaining to the wage earner 
workers and Bitcoin where we're 

1083
00:58:39,360 --> 00:58:41,680
here for it for payday Friday. 
Love it. 

1084
00:58:41,720 --> 00:58:43,920
All right, all right, Dom, last 
question. 

1085
00:58:43,920 --> 00:58:46,160
I'm gonna put you on the on the 
spot here. 

1086
00:58:46,520 --> 00:58:49,040
What is your predictions for 
2024? 

1087
00:58:49,040 --> 00:58:51,720
Are we gonna see some some crazy
news coming out? 

1088
00:58:51,840 --> 00:58:55,000
I know you say the pensions are 
slow to move, but what? 

1089
00:58:55,000 --> 00:58:57,040
What? 
In an ideal world, what would be

1090
00:58:57,040 --> 00:58:59,000
like? 
What do you think's gonna happen

1091
00:58:59,000 --> 00:59:00,440
this year? 
And then we'll go back and cover

1092
00:59:00,440 --> 00:59:02,360
the news for you guys. 
Yeah. 

1093
00:59:02,360 --> 00:59:06,880
So I would not be surprised when
Q1 is reported out. 

1094
00:59:06,920 --> 00:59:09,680
And I know sometimes that's late
delayed a few quarters. 

1095
00:59:09,680 --> 00:59:12,880
But later in the year, I believe
we will see pension systems that

1096
00:59:12,880 --> 00:59:16,400
have potentially already 
allocated to the ETF. 

1097
00:59:16,400 --> 00:59:18,240
There's a very high possibility 
of that. 

1098
00:59:18,240 --> 00:59:21,280
I'm not saying anything for sure
that that's happened. 

1099
00:59:21,640 --> 00:59:24,640
As the year goes on, I do 
believe we're going to see a 

1100
00:59:24,640 --> 00:59:28,560
handful of pensions that 
allocate to Bitcoin either 

1101
00:59:28,560 --> 00:59:31,560
through the ETF or hopefully 
something we're working on 

1102
00:59:31,560 --> 00:59:35,040
improve a workforce is helping 
them build out a division 

1103
00:59:35,040 --> 00:59:38,680
internally that's focused on 
self custody and really tapping 

1104
00:59:39,080 --> 00:59:42,840
exploring how that could be 
possible for you know something 

1105
00:59:42,840 --> 00:59:46,800
like a city or a pension fund. 
So I think they will come around

1106
00:59:47,080 --> 00:59:49,200
like any cycle. 
You know they say this is 

1107
00:59:49,200 --> 00:59:52,720
institutional cycle. 
You're going to have other funds

1108
00:59:52,720 --> 00:59:55,840
that ridicule them, make fun of 
them, tell them that they're 

1109
00:59:55,840 --> 01:00:00,440
gambling the funds of the 
participants and they're going 

1110
01:00:00,440 --> 01:00:03,160
to go through all the things 
that we went through in a cycle 

1111
01:00:03,160 --> 01:00:07,120
just at an institutional level. 
But those funds that do allocate

1112
01:00:07,440 --> 01:00:11,160
will have the benefit of getting
in early when you take you know 

1113
01:00:11,160 --> 01:00:15,640
a 5/10/20 year horizon and they 
will be stronger for it. 

1114
01:00:15,800 --> 01:00:19,520
And down the road you will see 
those workers that are part of 

1115
01:00:19,520 --> 01:00:22,280
those systems. 
You'll see headlines like. 

1116
01:00:23,320 --> 01:00:27,000
Retirement age decreased in this
city, in this pension system 

1117
01:00:27,000 --> 01:00:31,000
because Bitcoin buoys the 
pension fund and helps them 

1118
01:00:31,000 --> 01:00:33,800
navigate choppy waters. 
Or you'll see a headline like 

1119
01:00:34,240 --> 01:00:40,040
Pension Fund avoids having to, 
you know, push back retirement 

1120
01:00:40,040 --> 01:00:44,280
ages because the the decrease in
the value of their commercial 

1121
01:00:44,280 --> 01:00:48,000
real estate office space was 
offset by an early allocation to

1122
01:00:48,000 --> 01:00:49,440
Bitcoin. 
Boom. 

1123
01:00:49,560 --> 01:00:52,280
You're going to see that and 
then you're going to see funds 

1124
01:00:52,280 --> 01:00:53,680
going. 
What are we doing? 

1125
01:00:53,680 --> 01:00:56,600
Well, we're in a tough place. 
Go ahead and tell the workers 

1126
01:00:56,600 --> 01:00:59,240
they're going to have to work a 
few years extra to retire. 

1127
01:00:59,440 --> 01:01:02,160
We'll need more of their money 
towards the fund and let the 

1128
01:01:02,160 --> 01:01:04,320
taxpayers know we're going to 
need more of their money too to 

1129
01:01:04,320 --> 01:01:06,360
offset. 
And and the taxpayers will say, 

1130
01:01:06,880 --> 01:01:09,800
why is this city not having to 
do that, but you are. 

1131
01:01:09,800 --> 01:01:12,800
And they're going to have to 
tell them because they they got 

1132
01:01:12,800 --> 01:01:15,920
into Bitcoin early, they learned
about it, they built it into 

1133
01:01:15,920 --> 01:01:18,600
their strategy. 
So I do see that for 24 moving 

1134
01:01:18,600 --> 01:01:21,320
into 25 for sure. 
Incredible. 

1135
01:01:21,440 --> 01:01:24,200
Incredible. 
All right, Nico, let's let's go 

1136
01:01:24,200 --> 01:01:25,640
back and hit the news. 
I don't know if you want to do 

1137
01:01:25,640 --> 01:01:27,320
the transition or just go 
straight into it. 

1138
01:01:27,320 --> 01:01:28,640
No, we'll go straight into it 
guys. 

1139
01:01:28,640 --> 01:01:31,000
We're rolling with the punches. 
This is a live show, right? 

1140
01:01:31,000 --> 01:01:34,640
So we, we, you know, we we when 
things go right, it seems very 

1141
01:01:34,640 --> 01:01:37,200
smooth and you know and all the 
transitions and all that. 

1142
01:01:37,200 --> 01:01:41,080
But it's one of those days 
where, like coincidentally, as 

1143
01:01:41,080 --> 01:01:44,720
soon as I was about to start 
talking about central bank 

1144
01:01:44,720 --> 01:01:49,720
digital, my Internet just. 
Now he's going to get yeah, 

1145
01:01:49,720 --> 01:01:51,320
you're here, you're still here, 
you're still here and you go, 

1146
01:01:51,320 --> 01:01:52,680
let's, let's go. 
Oh, yeah. 

1147
01:01:52,680 --> 01:01:53,880
OK All right. 
See. 

1148
01:01:53,880 --> 01:01:55,200
You're gonna talk about Fort 
Knox? 

1149
01:01:55,640 --> 01:01:58,000
Like, yeah, Don't. 
Talk about Fort Knox CBD. 

1150
01:01:58,040 --> 01:02:00,680
CS Boom, right? 
Anyways, All right, all right. 

1151
01:02:00,680 --> 01:02:03,080
Ladies and gentlemen, so sorry 
for the technical issues today. 

1152
01:02:03,240 --> 01:02:04,640
I just want to give a shout out 
to John. 

1153
01:02:04,640 --> 01:02:06,120
I have to go. 
Full screen though. 

1154
01:02:06,440 --> 01:02:08,800
Dom, you're the fucking man, 
bro. 

1155
01:02:08,800 --> 01:02:11,240
Keep doing what you're doing. 
Proof of workforce. 

1156
01:02:11,480 --> 01:02:14,240
Guys, check out the Twitter 
spaces tonight. 

1157
01:02:14,240 --> 01:02:18,200
Friday night Payday Fridays. 
You know it's incredibly 

1158
01:02:18,200 --> 01:02:22,800
important what Dom is doing for 
the blue collar workers all 

1159
01:02:22,800 --> 01:02:25,520
around the country. 
I know it's just starting Santa 

1160
01:02:25,520 --> 01:02:28,720
Monica, but I'm telling you, 
there's something special here. 

1161
01:02:28,840 --> 01:02:32,640
Bitcoin is a solution and Dom is
the vehicle making it happen, 

1162
01:02:32,640 --> 01:02:34,240
man. 
So Dom, shout out to you. 

1163
01:02:34,480 --> 01:02:35,880
I really fucking enjoyed that 
shit. 

1164
01:02:35,880 --> 01:02:38,320
And Opti Killer questions, like 
always, my friend. 

1165
01:02:38,640 --> 01:02:41,200
All right, here we go. 
I'm going to try to make this 

1166
01:02:41,200 --> 01:02:44,080
quick, ladies and gentlemen. 
So we were talking about this 

1167
01:02:44,280 --> 01:02:47,040
earlier on in the week, but here
is essentially the Bitcoin 

1168
01:02:47,040 --> 01:02:49,080
senator Cynthia Lummis. 
I'm going to play this in the 

1169
01:02:49,080 --> 01:02:51,560
background while I kind of look 
at this, man. 

1170
01:02:51,760 --> 01:02:56,400
Crazy stuff happening today. 
Don't talk about foreign Knox, 

1171
01:02:56,400 --> 01:02:59,200
apparently. 
Anyways, so here's Cynthia 

1172
01:02:59,200 --> 01:03:01,960
Lummis, and apparently the video
is not working. 

1173
01:03:01,960 --> 01:03:06,480
But in this video, she was 
asking Jerome Powell point 

1174
01:03:06,480 --> 01:03:11,200
blank, whether the Federal 
Reserve could introduce ACBDC 

1175
01:03:11,200 --> 01:03:15,080
without Congressional approval. 
And Jerome Powell said no, they 

1176
01:03:15,080 --> 01:03:19,400
could not. 
However, However, here is GOP 

1177
01:03:19,800 --> 01:03:24,520
Majority Whip Tom Emmer, and 
this is his tweet, and this is 

1178
01:03:24,520 --> 01:03:26,120
not our words, this is his 
words, he says. 

1179
01:03:26,120 --> 01:03:29,680
If you don't think the Fed is 
pursuing ACBDC, think again. 

1180
01:03:29,920 --> 01:03:33,640
The Fed gave this to my staff 
during a presentation earlier 

1181
01:03:33,640 --> 01:03:37,720
this Congress. 
They view a CDC as one of their 

1182
01:03:37,720 --> 01:03:40,560
key duties. 
Here's a screenshot. 

1183
01:03:40,760 --> 01:03:43,760
The top it says key duties of 
the Fed payment systems. 

1184
01:03:43,960 --> 01:03:47,960
At the very bottom it says 
central bank digital currencies.

1185
01:03:48,120 --> 01:03:51,560
So ladies and gentlemen, make no
mistake, when we say Bitcoin or 

1186
01:03:51,560 --> 01:03:54,480
slavery on simply Bitcoin, we 
mean it. 

1187
01:03:54,840 --> 01:03:58,880
And again, don't pay attention 
to what they say, pay attention 

1188
01:03:58,880 --> 01:04:02,080
to what they do now. 
It's story that I've been 

1189
01:04:02,080 --> 01:04:05,560
wanting to cover for many weeks 
now, but we haven't had the 

1190
01:04:05,560 --> 01:04:10,520
chance is guys the CBDC. 
You know these systems as they 

1191
01:04:10,520 --> 01:04:16,320
continue to fail, Bitcoin and 
bitcoiners will be used as the 

1192
01:04:16,320 --> 01:04:18,840
scapegoat. 
I love using Nigeria as an 

1193
01:04:18,840 --> 01:04:21,840
example because Nigeria is one 
of the first countries that 

1194
01:04:21,840 --> 01:04:25,840
really rolled out a CBDC and it 
failed. 

1195
01:04:25,840 --> 01:04:28,920
And the reason that it failed 
was because as much as 

1196
01:04:28,920 --> 01:04:32,080
governments are saying CBD, CS 
are made are supposed to make 

1197
01:04:32,080 --> 01:04:35,880
payments more efficient, the 
actual reason is so that 

1198
01:04:35,880 --> 01:04:39,040
governments could retain the 
privilege and the power of being

1199
01:04:39,040 --> 01:04:41,920
able to create money for free 
that everyone else has to work 

1200
01:04:41,920 --> 01:04:43,640
for. 
However, when you just print 

1201
01:04:43,640 --> 01:04:46,240
money out of thin air, guess 
what happens, right? 

1202
01:04:46,240 --> 01:04:48,160
There's inflation. 
You're debasing everyone's 

1203
01:04:48,160 --> 01:04:52,000
currency, right? 
And The thing is, is that when 

1204
01:04:52,000 --> 01:04:56,000
we didn't have an alternative 
before Bitcoin, and that 

1205
01:04:56,000 --> 01:04:58,480
alternative, you could say gold 
was that alternative. 

1206
01:04:58,480 --> 01:05:00,720
Well, I mean look at how that 
ended up right, the 6th when we 

1207
01:05:00,720 --> 01:05:02,160
just talked about four Knox, 
right. 

1208
01:05:02,520 --> 01:05:07,000
But now we have an alternative 
that is UN confiscatable, right?

1209
01:05:07,160 --> 01:05:11,600
Especially if you take self, No,
only if you take self custody, 

1210
01:05:11,800 --> 01:05:13,720
right. 
If you write down those 1224 

1211
01:05:13,720 --> 01:05:17,560
words, you use a multi sig set 
up geographically, separate your

1212
01:05:17,560 --> 01:05:20,840
seeds and different 
jurisdictions, man, no one's 

1213
01:05:20,840 --> 01:05:23,040
going to get that Bitcoin, I'm 
telling you right. 

1214
01:05:24,760 --> 01:05:27,840
I would even go on to say that 
if you store your Bitcoin 

1215
01:05:27,840 --> 01:05:30,760
properly it it's more secure 
than Fort Knox and that's a big 

1216
01:05:30,760 --> 01:05:33,880
statement right? 
Anyways, so this is the 

1217
01:05:33,880 --> 01:05:36,320
foreshadowing, This is, this is 
something also that the book the

1218
01:05:36,320 --> 01:05:38,440
sovereign individual predicted, 
right? 

1219
01:05:38,640 --> 01:05:43,320
That as the nation state right 
is the nation states ability to 

1220
01:05:43,320 --> 01:05:45,920
collect tax revenue. 
And when I mentioned tax 

1221
01:05:45,920 --> 01:05:50,480
revenue, I'm not only talking 
about direct taxation, I'm also 

1222
01:05:50,480 --> 01:05:53,320
talking about the indirect 
taxation of inflation. 

1223
01:05:53,680 --> 01:05:57,080
They will turn nasty and what 
will they do? 

1224
01:05:57,200 --> 01:05:59,760
Instead of taking 
responsibility, instead of 

1225
01:05:59,760 --> 01:06:03,920
cutting spending, what they'll 
do is they'll blame the 

1226
01:06:03,920 --> 01:06:05,840
technology, they'll blame the 
tool. 

1227
01:06:06,240 --> 01:06:10,000
So I would not be surprised if 
this came to a nation near you 

1228
01:06:10,000 --> 01:06:12,200
very soon. 
So the headline of the article 

1229
01:06:12,200 --> 01:06:16,080
says Nigerian authorities blame 
Binance for 70% Naira 

1230
01:06:16,080 --> 01:06:18,720
devaluation. 
Why Binance? 

1231
01:06:18,720 --> 01:06:20,840
Well, Binance is the 
facilitator, right? 

1232
01:06:20,840 --> 01:06:25,040
Binance is an on ramp. 
Binance allows you to buy an 

1233
01:06:25,040 --> 01:06:29,080
alternative currency, right? 
So it's not Binance's fault. 

1234
01:06:29,640 --> 01:06:31,880
And you could say you could 
replace the word Binance. 

1235
01:06:31,880 --> 01:06:34,400
You put Bitcoin in there, it's 
the same thing. 

1236
01:06:35,120 --> 01:06:38,240
But instead of saying, OK, we 
printed too much money, we're 

1237
01:06:38,240 --> 01:06:40,480
spending money we don't have. 
What are they doing? 

1238
01:06:41,800 --> 01:06:45,200
They're blaming the technology. 
They're blaming, you know, the 

1239
01:06:45,200 --> 01:06:48,400
facilitator, right? 
Move to issue arrest warrant 

1240
01:06:48,400 --> 01:06:51,280
against CEO. 
The country's central bank 

1241
01:06:51,280 --> 01:06:54,200
claims the exchange manipulated 
foreign exchange rates through 

1242
01:06:54,200 --> 01:06:57,520
currency speculation and rate 
fixing, which led to the local 

1243
01:06:57,520 --> 01:07:01,200
currency nearly losing nearly 
70% of its value in recent 

1244
01:07:01,200 --> 01:07:03,640
months. 
Or maybe they just printed a 

1245
01:07:03,640 --> 01:07:05,800
ridiculous amount of money. 
Right. 

1246
01:07:06,080 --> 01:07:08,560
And again which is really 
interesting, right. 

1247
01:07:08,600 --> 01:07:10,640
And as you say OK, but that's in
Nigeria that's not going to 

1248
01:07:10,640 --> 01:07:13,280
happen here and you go, well 
kind of very similar wording 

1249
01:07:13,280 --> 01:07:16,640
here check this out Yahoo 
finance article JP Morgan 

1250
01:07:16,880 --> 01:07:22,000
Bitcoin surge could raise 
concerns at the Fed rate cuts 

1251
01:07:22,000 --> 01:07:25,040
might be delayed. 
So you kind of kind of painting 

1252
01:07:25,040 --> 01:07:29,200
a picture for you guys that as 
Fiat currencies continue to 

1253
01:07:29,200 --> 01:07:33,720
degrade and continue to fail, 
the scapegoat will be Bitcoin 

1254
01:07:33,880 --> 01:07:38,360
and bitcoiners, anyone who 
facilitates that sovereignty, 

1255
01:07:38,480 --> 01:07:43,320
the tools, the businesses, they 
will be targets for government, 

1256
01:07:43,480 --> 01:07:47,400
as was predicted in the book, 
The Sovereign Individual. 

1257
01:07:47,520 --> 01:07:50,960
And again, as much as they're 
telling you, don't worry about 

1258
01:07:50,960 --> 01:07:53,600
the CBDC, It's not real. 
It's not existent. 

1259
01:07:53,880 --> 01:07:55,840
There it is. 
The proof is in the pudding to 

1260
01:07:55,840 --> 01:07:57,800
the point that it's already in 
the political discourse. 

1261
01:07:57,800 --> 01:08:00,040
Ladies and gentlemen, right? 
The leading Republic. 

1262
01:08:00,040 --> 01:08:04,680
No, the Republican candidate for
2024, Donald Trump, already put 

1263
01:08:04,680 --> 01:08:08,240
it into his political rhetoric 
that if he were to be elected 

1264
01:08:08,240 --> 01:08:12,200
president, he would stop the 
introduction of a central bank 

1265
01:08:12,200 --> 01:08:13,720
digital currency. 
Right. 

1266
01:08:13,960 --> 01:08:17,040
So you can ignore this. 
You could pull an ostrich, put 

1267
01:08:17,040 --> 01:08:20,240
your head in the sand and 
pretend that it's not Bitcoin or

1268
01:08:20,240 --> 01:08:22,319
slavery. 
But ladies and gentlemen, as 

1269
01:08:22,319 --> 01:08:26,399
more time progresses, it will 
become more and more and more 

1270
01:08:26,399 --> 01:08:32,319
apparent as the Fiat system 
continues to disintegrate and as

1271
01:08:32,319 --> 01:08:35,560
the clown world accelerates. 
As we're seeing it like this is 

1272
01:08:35,560 --> 01:08:38,720
insane. 
What is going on not only in the

1273
01:08:38,720 --> 01:08:41,720
US, but around the world, man. 
So anyways, that's the news real

1274
01:08:41,720 --> 01:08:42,960
quick. 
I try to make it fast. 

1275
01:08:42,960 --> 01:08:44,760
Dom, what's your take? 
And then Opti. 

1276
01:08:44,760 --> 01:08:45,960
And then we'll move on to the 
memes. 

1277
01:08:46,920 --> 01:08:51,279
You know when I see that story 
and the blame game, but 

1278
01:08:51,279 --> 01:08:54,439
especially when you talk about 
Nico with self custody, I think 

1279
01:08:54,439 --> 01:08:57,880
about some of our the ETF stuff 
is very exciting for us. 

1280
01:08:58,479 --> 01:09:01,720
But I've been telling friends 
that are only in a position to 

1281
01:09:01,720 --> 01:09:05,840
allocate to the ETF. 
I tell them self custody is not 

1282
01:09:05,840 --> 01:09:09,640
a luxury, it's a necessity that 
is best learned sooner than 

1283
01:09:09,640 --> 01:09:11,680
later. 
And I tell them this over and 

1284
01:09:11,680 --> 01:09:14,160
over again like it is not a 
test. 

1285
01:09:14,640 --> 01:09:17,160
Learn about self custody. 
Master it. 

1286
01:09:17,160 --> 01:09:19,720
It's not a luxury you don't have
you, you don't. 

1287
01:09:19,720 --> 01:09:24,920
You may have time, you may not. 
But why not capitalize on one of

1288
01:09:24,920 --> 01:09:28,840
the best facets of Bitcoin, the 
ability to hold it yourself 

1289
01:09:28,840 --> 01:09:32,240
safely as you mentioned so 
eloquently, Nico, it's safer 

1290
01:09:32,240 --> 01:09:35,960
than Fort Knox folks. 
It can't be stolen taken, 

1291
01:09:35,960 --> 01:09:39,680
etcetera. 
So tap that magic and don't wait

1292
01:09:39,800 --> 01:09:42,040
and tell people that you know 
and care about. 

1293
01:09:42,560 --> 01:09:44,920
You know, that's great. 
I'm not saying to go tell them 

1294
01:09:44,920 --> 01:09:47,040
the ETF is dangerous. 
It's a bomb that's going to 

1295
01:09:47,040 --> 01:09:50,000
explode now. 
But again, self custody is not a

1296
01:09:50,000 --> 01:09:51,880
luxury. 
It is a necessity. 

1297
01:09:51,880 --> 01:09:54,560
So a. 100% a hundred. 
Love it. 

1298
01:09:54,560 --> 01:09:57,320
Opti, what's your? 
Yeah, I mean, look, I am not 

1299
01:09:57,320 --> 01:10:00,240
surprised. 
Well, first let me go to the 

1300
01:10:00,240 --> 01:10:02,600
CBDC stuff. 
You know we played the Jerome 

1301
01:10:02,600 --> 01:10:06,840
Powell clip where he I think on 
oath was like, yeah, this is the

1302
01:10:06,840 --> 01:10:12,600
CBDCS aren't going to happen. 
You know Senator Lummus has been

1303
01:10:12,600 --> 01:10:15,600
grilling him and they said the 
same thing like Oh no CBD CS 

1304
01:10:15,600 --> 01:10:18,480
going to happen but shouts out 
to Thomas Hammer. 

1305
01:10:18,480 --> 01:10:21,880
I believe his name is for 
exposing the real thing 

1306
01:10:21,880 --> 01:10:23,400
happening. 
And even when we played that 

1307
01:10:23,400 --> 01:10:27,440
clip, like it does I, I'm pretty
sure if I if I have a, you know,

1308
01:10:27,440 --> 01:10:30,560
not a goldfish memory here. 
I said something on the lines of

1309
01:10:30,560 --> 01:10:34,240
like, yeah it sounds good what 
they're saying they are 

1310
01:10:34,240 --> 01:10:37,600
alleviating some concerns and at
least this this conversation is 

1311
01:10:37,600 --> 01:10:41,120
happening. 
But I just, you know, my tinfoil

1312
01:10:41,120 --> 01:10:43,840
hat was on and I'm like, I just 
don't trust what they're saying.

1313
01:10:43,840 --> 01:10:48,000
So I'm glad that we have more 
receipts on that ground that, Oh

1314
01:10:48,000 --> 01:10:50,960
yeah, look, they're telling you 
they're not going to do a CBDC 

1315
01:10:50,960 --> 01:10:53,560
because they understand that 
it's not politically viable that

1316
01:10:53,560 --> 01:10:55,360
people are concerned about a 
CBDC. 

1317
01:10:55,400 --> 01:10:58,520
And then on the back end, you 
know, their key initiatives is, 

1318
01:10:58,520 --> 01:11:01,720
Oh yeah, actually we, we need to
continue to push a CBDC. 

1319
01:11:01,840 --> 01:11:06,200
So you know, I I always say the 
same thing, just just stay 

1320
01:11:06,200 --> 01:11:09,120
paranoid when it comes to 
central bankers and politicians 

1321
01:11:09,360 --> 01:11:13,240
talking either bad about Bitcoin
and or talking about CBD, CS 

1322
01:11:13,240 --> 01:11:15,120
because we already know where 
the game is going. 

1323
01:11:15,360 --> 01:11:20,040
And then on the Nigeria, JP 
Morgan stuff like you know, I'm 

1324
01:11:20,040 --> 01:11:23,400
never surprised by the lack of 
accountability that we see from 

1325
01:11:23,400 --> 01:11:26,520
governments and central bankers.
They will do whatever they can 

1326
01:11:26,520 --> 01:11:29,200
to gaslight the population to 
push blame somewhere else. 

1327
01:11:30,280 --> 01:11:34,600
And again, like the Nigeria CBDC
example, I think is a shining 

1328
01:11:34,600 --> 01:11:38,000
example of what's going to 
happen to everywhere around the 

1329
01:11:38,000 --> 01:11:39,720
world when they try to push 
ACBDC. 

1330
01:11:39,720 --> 01:11:43,360
People are going to, I don't 
know if it's a subconsciously or

1331
01:11:43,360 --> 01:11:49,440
what, but they will inherently 
know that they should not fall 

1332
01:11:49,440 --> 01:11:52,800
into a CBDC system. 
And then JP Morgan, you know, 

1333
01:11:52,800 --> 01:11:56,480
blaming Bitcoin for what the 
feds doing, Like you can't even 

1334
01:11:56,480 --> 01:11:58,560
make this stuff up. 
Of course, Jamie Dimon's going 

1335
01:11:58,560 --> 01:12:01,480
to come out here and say some 
more ridiculous stuff. 

1336
01:12:01,640 --> 01:12:04,840
I forget what the last thing he 
was saying a few weeks ago, but 

1337
01:12:04,840 --> 01:12:07,600
basically that, you know, the 
government should ban Bitcoin. 

1338
01:12:07,920 --> 01:12:11,400
And then, you know, you find out
that, oh, they're the, the 

1339
01:12:12,120 --> 01:12:15,200
official what's associate 
partner for the Black Rock ETF 

1340
01:12:15,600 --> 01:12:18,040
and now he's coming out and he's
blaming Bitcoin. 

1341
01:12:18,040 --> 01:12:22,200
So, like, we knew this was going
to happen, but it really is kind

1342
01:12:22,200 --> 01:12:25,880
of setting the tone for what we 
see, that the powers that be 

1343
01:12:25,960 --> 01:12:28,200
aren't going to let up on the 
money, 'cause they know that the

1344
01:12:28,200 --> 01:12:30,840
money's the problem and they're 
going to try to shift blame. 

1345
01:12:30,840 --> 01:12:32,600
They're going to blame 
Bitcoiners for all their 

1346
01:12:32,600 --> 01:12:34,840
problems. 
And as number goes up, we're 

1347
01:12:34,840 --> 01:12:36,600
going to see this increase even 
more. 

1348
01:12:36,600 --> 01:12:40,000
So just be at the very least 
mentally prepared for this, but 

1349
01:12:40,000 --> 01:12:42,600
also like, make sure your cold 
storage setup is good. 

1350
01:12:42,800 --> 01:12:43,880
Anyways. 
Dom, jump in. 

1351
01:12:43,880 --> 01:12:47,320
I I saw you wanting to chime in.
Well, you you mentioned the 

1352
01:12:47,320 --> 01:12:49,600
diamond stuff and how ridiculous
it is. 

1353
01:12:49,880 --> 01:12:53,760
And when I do go to DC for the 
summit, the message we have is 

1354
01:12:53,760 --> 01:12:57,520
so clear and easy. 
And and it's simply this, the 

1355
01:12:57,520 --> 01:13:01,600
firefighters union holds Bitcoin
because it believes the threats 

1356
01:13:01,600 --> 01:13:06,960
to the Fiat system are 
overwhelming, very, you know, 

1357
01:13:06,960 --> 01:13:08,560
worried about the pension 
systems. 

1358
01:13:08,560 --> 01:13:12,080
And we're holding it because of 
its long term potential to 

1359
01:13:12,080 --> 01:13:14,840
protect the time that we've 
traded for money. 

1360
01:13:15,160 --> 01:13:18,440
There you go. 
Take that and and like you can 

1361
01:13:18,440 --> 01:13:21,200
say it's for only criminals, but
I just gave you a use case 

1362
01:13:21,200 --> 01:13:24,800
that's not for that And so I'm 
going to that. 

1363
01:13:24,800 --> 01:13:27,800
We're singing that message until
the cows come home. 

1364
01:13:27,800 --> 01:13:31,200
I don't know how many cows are 
in DC, in the city maybe in some

1365
01:13:31,200 --> 01:13:33,720
of the outline Virginia areas 
but but we're going to be 

1366
01:13:33,720 --> 01:13:36,800
hitting that hard and it is 
ridiculous. 

1367
01:13:36,800 --> 01:13:40,440
Now when that is being said to 
Congress by someone like Jamie 

1368
01:13:40,440 --> 01:13:45,920
Dimon, it's so absurd it's it's 
borderline like deceptive and 

1369
01:13:45,920 --> 01:13:49,640
and it's and it's it's a lie. 
I mean it's it's it's an oath 

1370
01:13:49,680 --> 01:13:53,360
thing when you say that. 
So yeah we knew. 

1371
01:13:53,360 --> 01:13:56,720
We knew it. 
We knew. 100 percent, 100% man. 

1372
01:13:57,240 --> 01:14:00,680
Anyways, it's Guys don't pay 
attention to what they say, pay 

1373
01:14:00,680 --> 01:14:04,040
attention to what they do. 
Opti, we gave a shout out to our

1374
01:14:04,040 --> 01:14:06,520
sponsors Kaboom, Racks and of 
course Brian the men. 

1375
01:14:06,800 --> 01:14:09,520
'S book Bitcoin on the Fly On 
the fly We did on the fly. 

1376
01:14:09,520 --> 01:14:11,760
Guys, this is a live show. 
We we do our best. 

1377
01:14:11,760 --> 01:14:12,880
We're doing it live. 
We. 

1378
01:14:12,880 --> 01:14:15,800
Make it seamless most days, but 
when they cut off Nico's 

1379
01:14:15,800 --> 01:14:18,440
Internet 'cause, he starts 
talking about Fort Knox and CBD.

1380
01:14:18,440 --> 01:14:19,640
We'll get to get the Friday 
show. 

1381
01:14:19,640 --> 01:14:22,400
We can go along. 
That's the memes a little bit. 

1382
01:14:22,480 --> 01:14:24,280
Bumpy. 
Speaking of memes, let's check 

1383
01:14:24,280 --> 01:14:28,800
out the memes. 
Opti's Friday Meme Review. 

1384
01:14:33,800 --> 01:14:37,400
Man, my voice is so sultry. 
I did such a good job anyways. 

1385
01:14:41,760 --> 01:14:43,240
All right, guys, you got another
deal. 

1386
01:14:43,800 --> 01:14:50,160
Oh oh, this is the meme review 
where you tag me on Twitter at 

1387
01:14:50,160 --> 01:14:53,160
simply Bitcoin TV. 
Or, you know, you could tag my 

1388
01:14:53,160 --> 01:14:55,800
personal one, but don't blow up 
my notifications, but drop them 

1389
01:14:55,800 --> 01:14:59,000
in our Telegram as well. 
Tag me there as well. 

1390
01:14:59,000 --> 01:15:02,080
But preferably, guys, I like the
tweet so I can give you guys 

1391
01:15:02,080 --> 01:15:06,480
credit on your meme on Twitter. 
So post it on Twitter, Ern 

1392
01:15:06,480 --> 01:15:09,120
Oster, just so I can pull it up 
here and I can give you guys 

1393
01:15:09,120 --> 01:15:10,240
credit. 
And then we'll bring it on the 

1394
01:15:10,240 --> 01:15:11,600
show. 
You're another deal. 

1395
01:15:11,600 --> 01:15:15,200
Memes are important. 
Tweet to the bullets. 

1396
01:15:15,200 --> 01:15:20,160
Meme to the artillery. 
I, I, I, I did it. 

1397
01:15:20,160 --> 01:15:21,520
I did it right. 
I did it right. 

1398
01:15:21,880 --> 01:15:25,000
We are frontline soldiers. 
Continue to spread the signal. 

1399
01:15:25,200 --> 01:15:28,120
Continue to ridicule the 
corporate press. 

1400
01:15:28,320 --> 01:15:31,120
Continue to ridicule the No 
coiners out there. 

1401
01:15:31,120 --> 01:15:32,440
Because they're coming in 
strong. 

1402
01:15:32,440 --> 01:15:35,800
They're coming in very strong 
this week, and it's only going 

1403
01:15:35,800 --> 01:15:37,760
to increase. 
And of course make some funny So

1404
01:15:37,760 --> 01:15:39,920
your friends and family's head 
stay in the game. 

1405
01:15:40,080 --> 01:15:42,320
Keep dropping meme in your 
family group chats. 

1406
01:15:42,320 --> 01:15:45,000
This is how we win. 
Just don't even acknowledge 

1407
01:15:45,000 --> 01:15:46,960
their questions. 
Just drop a meme in there and 

1408
01:15:46,960 --> 01:15:49,240
then I'll have them all call you
idiots. 

1409
01:15:49,240 --> 01:15:52,040
This is this is how we win. 
I think wait wait wait, OCTI. 

1410
01:15:52,040 --> 01:16:00,280
I think Dom volunteered to read 
this meme in a A Walk in Bomber 

1411
01:16:00,280 --> 01:16:03,520
Walk in Impersonation. 
And I'll. 

1412
01:16:03,520 --> 01:16:06,160
I'll do this because I saw 
Walking was in Dune 2. 

1413
01:16:06,160 --> 01:16:08,240
No spoiler alerts. 
But like, he's still in the 

1414
01:16:08,240 --> 01:16:11,480
game. 
So, OK, so this meme walking 

1415
01:16:11,480 --> 01:16:17,080
South and comes in, well, I 
outperform you every single 

1416
01:16:17,080 --> 01:16:22,520
year, but I'm not an investor. 
Come on, Bitcoin. 

1417
01:16:22,920 --> 01:16:24,800
Now doing the Trump voice. 
Not doing the Trump voice. 

1418
01:16:25,840 --> 01:16:28,240
No next meme Next. 
One, OK, Next one OK. 

1419
01:16:29,120 --> 01:16:30,400
Oh, even better. 
Even better. 

1420
01:16:30,400 --> 01:16:32,520
There we go. 
OK, so here let me let me set 

1421
01:16:32,520 --> 01:16:35,000
this one up. 
So where, quote, this is my 

1422
01:16:35,000 --> 01:16:37,120
Dylan Mcclary. 
He's quote tweeting that JP 

1423
01:16:37,120 --> 01:16:39,960
Morgan post of soaring prices of
Bitcoin could delay the Federal 

1424
01:16:39,960 --> 01:16:42,240
Reserve's plan to cut interest 
rates, not take it down. 

1425
01:16:43,280 --> 01:16:48,280
OK, you know, I am a fan of the 
dollar, OK, the Fed is shooting 

1426
01:16:48,280 --> 01:16:51,400
the dollar and and why would 
Bitcoin do this? 

1427
01:16:51,400 --> 01:16:55,120
OK, but I but I am a fan of the 
dollar. 

1428
01:16:55,200 --> 01:16:58,120
OK, I like the dollar. 
That's what I like, is the 

1429
01:16:58,120 --> 01:17:00,360
dollar. 
But Bitcoin is doing very well. 

1430
01:17:00,480 --> 01:17:03,000
It it's it's doing incredibly 
well. 

1431
01:17:06,200 --> 01:17:08,880
Oh man, oh man. 
OK, OK, next one. 

1432
01:17:08,880 --> 01:17:11,200
Do you got another voice? 
What about the I love the 

1433
01:17:11,200 --> 01:17:12,920
comment. 
Finally they shut up and now 

1434
01:17:12,920 --> 01:17:14,040
meme review. 
That's pull it. 

1435
01:17:17,040 --> 01:17:17,960
Up. 
OK, hold on, let. 

1436
01:17:18,120 --> 01:17:19,680
Me. 
I I can do an Arnold voice. 

1437
01:17:19,680 --> 01:17:21,200
Maybe. 
OK, I could do. 

1438
01:17:21,240 --> 01:17:22,560
I could. 
I could do a pretty good Arnold 

1439
01:17:22,560 --> 01:17:23,760
voice. 
I could do a pretty good Arnold.

1440
01:17:23,760 --> 01:17:25,520
Voice or you might have to do 
OK, I'll I'll. 

1441
01:17:25,720 --> 01:17:27,800
Whoa, whoa, whoa, let's, let's 
go, Arnold voice all. 

1442
01:17:27,840 --> 01:17:28,280
Right. 
Hold on. 

1443
01:17:28,280 --> 01:17:31,160
Let me let me tee this one up. 
So I did a tweet yesterday. 

1444
01:17:31,360 --> 01:17:36,680
I was, I saw this video on 
Twitter and I I constantly keep 

1445
01:17:36,680 --> 01:17:40,680
seeing these videos of like Gen.
Zers and and millennials they're

1446
01:17:40,680 --> 01:17:43,360
just struggling right now 
because of the Fiat system and 

1447
01:17:43,360 --> 01:17:46,680
it just like every once in a 
while I come back to this like 

1448
01:17:46,680 --> 01:17:48,440
man, Bitcoin really saved my 
life. 

1449
01:17:48,720 --> 01:17:51,520
And then I quote tweeted it and 
I said I see so many social 

1450
01:17:51,520 --> 01:17:54,240
media posts of people struggling
right now and feel blessed. 

1451
01:17:54,240 --> 01:17:57,440
I went all in on Bitcoin hashtag
blessed and then McConnell face 

1452
01:17:57,440 --> 01:17:59,640
dropped this meme. 
All right, now take it, Dom. 

1453
01:18:01,120 --> 01:18:05,200
So if you look at the people 
they they buy in the custody 

1454
01:18:05,200 --> 01:18:07,920
their own Bitcoin and they're 
very well dressed. 

1455
01:18:07,920 --> 01:18:11,040
They have the good, you know, 
the hair is nice, the hat is 

1456
01:18:11,040 --> 01:18:14,440
very good, they have the good 
shirt and and it's because they 

1457
01:18:14,440 --> 01:18:16,200
have the Bitcoin in self 
custody. 

1458
01:18:16,200 --> 01:18:19,520
Come on, you know if you you 
they can't take it from you. 

1459
01:18:19,520 --> 01:18:22,000
Come on. 
I heard some walking in the 

1460
01:18:22,000 --> 01:18:23,760
Arnold bro. 
All right, all right. 

1461
01:18:23,760 --> 01:18:25,080
Now finish it. 
Now finish it. 

1462
01:18:25,720 --> 01:18:27,640
No, Nico has to finish it home. 
Oh, Nico. 

1463
01:18:27,720 --> 01:18:31,200
'S version that bottom part. 
On the bottom, what we see is. 

1464
01:18:33,200 --> 01:18:35,120
On the bottom is what you see is
the people. 

1465
01:18:35,120 --> 01:18:38,840
They don't buy Bitcoin, they say
People who make tick tock video.

1466
01:18:38,920 --> 01:18:41,680
Who the hell makes tick Tock 
Getting the getting the 

1467
01:18:41,720 --> 01:18:44,760
helicopter asking why is this 
shit so expensive? 

1468
01:18:44,760 --> 01:18:48,080
Yeah, I don't know. 
And they're all strung out and 

1469
01:18:48,080 --> 01:18:51,040
they got different colored hair,
and they look really bad. 

1470
01:18:51,320 --> 01:18:54,480
OK, yeah, exactly. 
That's literally what they look 

1471
01:18:54,480 --> 01:18:55,240
like. 
All right. 

1472
01:18:55,240 --> 01:18:57,240
Any more voices or do I just rip
through this? 

1473
01:18:57,280 --> 01:18:58,480
I could. 
I could do a pretty. 

1474
01:18:58,480 --> 01:19:00,080
I could. 
I could do a pretty good 

1475
01:19:00,080 --> 01:19:01,640
Southern accent, believe it or 
not. 

1476
01:19:02,040 --> 01:19:03,640
OK, I don't. 
Yeah. 

1477
01:19:03,760 --> 01:19:05,600
All right, shoot it then. 
Read this one. 

1478
01:19:05,960 --> 01:19:08,440
I mean it just says risk. 
No, no, no, no. 

1479
01:19:08,440 --> 01:19:10,080
Dude, it's all right. 
This one. 

1480
01:19:10,240 --> 01:19:11,760
Let me do this. 
Let me do this. 

1481
01:19:12,120 --> 01:19:13,480
Let me take this. 
All right. 

1482
01:19:13,640 --> 01:19:16,720
OK, so. 
Hold on ladies and gentlemen, So

1483
01:19:16,720 --> 01:19:21,400
basically we had this he's a, 
he's a Bitcoin pleb and he goes 

1484
01:19:21,400 --> 01:19:27,040
by the name Magoo PhD and he's a
very well respected member of 

1485
01:19:27,040 --> 01:19:30,440
the Bitcoin community. 
Respected troll, respected 

1486
01:19:30,440 --> 01:19:32,640
troll. 
It's a, it's a lingo that they 

1487
01:19:32,640 --> 01:19:36,560
use on the interwebs anyway. 
So he goes on to say everyone 

1488
01:19:36,560 --> 01:19:40,360
wants to be rich, but nobody is 
willing to take any risks. 

1489
01:19:40,400 --> 01:19:43,320
And then what you see is you see
a picture, it looks like a some 

1490
01:19:43,320 --> 01:19:45,320
type of tattoo these crazy kids 
these days. 

1491
01:19:45,720 --> 01:19:48,440
And it says risk, but it also 
says rich as well. 

1492
01:19:48,600 --> 01:19:50,400
So it's a It's a pretty 
interesting. 

1493
01:19:50,960 --> 01:19:52,320
It's written on dice. 
You got to risk. 

1494
01:19:52,440 --> 01:19:54,960
This I I wouldn't consider this 
a meme. 

1495
01:19:54,960 --> 01:19:57,400
I would consider this more like 
a piece of art. 

1496
01:19:57,400 --> 01:20:00,800
Personally, this is very 
artistic to me and I really do 

1497
01:20:00,800 --> 01:20:02,400
appreciate it. 
Thank you, Opti. 

1498
01:20:02,840 --> 01:20:04,880
Wow, that's cultural go. 
Back to the risk one. 

1499
01:20:04,880 --> 01:20:06,800
Here's the De Niro one of the 
risk Go back. 

1500
01:20:06,840 --> 01:20:10,200
To the This is we got to bring 
Friday, we got to bring Dawn 

1501
01:20:10,200 --> 01:20:12,280
back on the Friday show every, 
every Friday. 

1502
01:20:12,280 --> 01:20:14,720
Man, this is epic. 
Excuse me? 

1503
01:20:14,720 --> 01:20:16,280
You're telling me about about 
risk. 

1504
01:20:17,320 --> 01:20:19,280
I heard things. 
No, no, no, no. 

1505
01:20:19,360 --> 01:20:21,520
You want to be rich, but you 
don't want to do the risk. 

1506
01:20:22,240 --> 01:20:24,120
I heard things. 
No, no, no, that's OK. 

1507
01:20:24,120 --> 01:20:25,760
No, no, no. 
You're a little out of line 

1508
01:20:25,760 --> 01:20:28,240
yourself. 
I heard things. 

1509
01:20:28,520 --> 01:20:30,520
I heard things. 
You want to be rich? 

1510
01:20:30,560 --> 01:20:32,200
Then take the risk. 
OK? 

1511
01:20:32,280 --> 01:20:34,600
That's all I'm saying. 
You got to risk it for the 

1512
01:20:34,600 --> 01:20:36,040
biscuit. 
You got to risk it for the 

1513
01:20:36,040 --> 01:20:38,000
biscuit. 
OK All right. 

1514
01:20:38,000 --> 01:20:40,800
Next one is by world of let me 
just rip this, let me rip 

1515
01:20:40,800 --> 01:20:42,000
through the last couple of. 
All right. 

1516
01:20:42,000 --> 01:20:44,440
So last one is our not last one.
Sorry. 

1517
01:20:44,440 --> 01:20:49,040
Next one is my world of rusty 
and he goes win cell coin, 

1518
01:20:49,040 --> 01:20:51,640
Michael. 
And then Michael goes buys more 

1519
01:20:51,640 --> 01:20:56,000
and here's a picture of the lady
in the yellow blouse or whatever

1520
01:20:56,000 --> 01:20:58,200
it is. 
And then here's here's Michael 

1521
01:20:58,200 --> 01:21:01,560
Saylor just doubling down 
literally the next day and 

1522
01:21:01,560 --> 01:21:03,600
buying more Bitcoin. 
Win cell coin. 

1523
01:21:03,600 --> 01:21:06,240
Michael Michael just buys more 
coin. 

1524
01:21:06,400 --> 01:21:10,720
This next one is by the 
legendary American huddle, AKA 

1525
01:21:10,720 --> 01:21:13,800
one of the goats out there. 
One of the one of the reasons 

1526
01:21:13,800 --> 01:21:16,920
why we all stack so hard in the 
2017 actually little Side Story.

1527
01:21:17,080 --> 01:21:19,040
You know, Nico, you know what 
we're missing right now in the 

1528
01:21:19,040 --> 01:21:20,880
cycle. 
Everyone's yelling at each other

1529
01:21:20,880 --> 01:21:22,720
on Twitter. 
But remember, like the 

1530
01:21:22,720 --> 01:21:25,800
motivational speeches that 
Huddle would give us during the 

1531
01:21:25,800 --> 01:21:29,680
27th or 2018 bear market? 
He would just get stupidly 

1532
01:21:30,080 --> 01:21:33,760
bullish on us and just be like 
stack, go all the way and give 

1533
01:21:33,760 --> 01:21:35,360
it. 
It was like a locker room hyping

1534
01:21:35,360 --> 01:21:37,400
us up. 
Anyways, we got huddle here and 

1535
01:21:37,400 --> 01:21:39,440
it goes. 
When people ask me what Bitcoin 

1536
01:21:39,440 --> 01:21:41,720
is going to do next week. 
And I think this is the 

1537
01:21:41,720 --> 01:21:43,640
screenshot from the new Dune I'm
guessing. 

1538
01:21:43,640 --> 01:21:47,000
And it goes, Our plans are 
measured in centuries guys, 

1539
01:21:47,000 --> 01:21:50,400
lower your time preference. 
And this one, I I brought this 

1540
01:21:50,400 --> 01:21:53,920
one on the show, but we got a 
lot of heat this week and last 

1541
01:21:53,920 --> 01:21:56,680
week because we say, you know, 
it's not left versus right, it's

1542
01:21:56,680 --> 01:21:59,960
not Republican versus Democrat, 
it is orange versus green. 

1543
01:22:00,240 --> 01:22:01,880
And I I put this meme on the 
red. 

1544
01:22:01,880 --> 01:22:04,600
Versus White Opti? 
Yeah, I I know I'm colorblind, 

1545
01:22:04,600 --> 01:22:08,960
but bear with me, bear with me. 
I've put this one on the show, 

1546
01:22:08,960 --> 01:22:11,040
but I think this really sums it 
up. 

1547
01:22:11,040 --> 01:22:13,240
And and this can probably be 
divided more. 

1548
01:22:13,240 --> 01:22:15,920
You know, you could, you could 
divide this down left and right 

1549
01:22:15,920 --> 01:22:19,160
if you want to, but here we go. 
We got wrong enemy, the rich 

1550
01:22:19,160 --> 01:22:21,320
versus the non rich. 
And you can, you know, write it 

1551
01:22:21,320 --> 01:22:23,360
down here. 
You can do the rich left versus 

1552
01:22:23,360 --> 01:22:26,080
the non rich left and the rich 
right versus the non rich right 

1553
01:22:26,360 --> 01:22:30,640
and then the right enemy. 
It's cut on the side where the 

1554
01:22:30,640 --> 01:22:33,880
right enemy is the people who 
use government to control you, 

1555
01:22:33,880 --> 01:22:36,280
whether they're rich or non 
rich, whether they're the haves 

1556
01:22:36,280 --> 01:22:39,440
or the have nots versus the 
people who allow other people to

1557
01:22:39,440 --> 01:22:42,800
live in peace, which is what we 
advocate for here on Bitcoin. 

1558
01:22:43,000 --> 01:22:45,480
It's the freedom to transact, 
the freedom of speech. 

1559
01:22:45,720 --> 01:22:48,120
All that good stuff was what we 
talk about all the time. 

1560
01:22:48,240 --> 01:22:51,480
It is not left versus right, It 
is orange versus green. 

1561
01:22:52,480 --> 01:22:55,320
Guys Dom, we we got a special 
request. 

1562
01:22:56,760 --> 01:22:59,200
I don't know if you could do it.
I definitely can't do it. 

1563
01:23:00,280 --> 01:23:02,720
Stallone, even though some 
people say I look like Stallone,

1564
01:23:02,720 --> 01:23:05,480
'cause I got kind of the droopy 
eyes, it's hard, you know, if 

1565
01:23:05,480 --> 01:23:07,400
there's I'm not, I do not have a
good Stallone. 

1566
01:23:07,400 --> 01:23:11,480
I don't know, dude. 
You know, Hey, you know, hey, 

1567
01:23:11,520 --> 01:23:15,000
you know this Bitcoin thing, you
know, try to buy some of this 

1568
01:23:15,000 --> 01:23:16,520
Bitcoin. 
I don't want to fight it. 

1569
01:23:16,520 --> 01:23:17,960
Boy. 
You know, 'cause they they got 

1570
01:23:17,960 --> 01:23:20,960
my eye and you know, self 
custody. 

1571
01:23:20,960 --> 01:23:22,320
You know what? 
They kiss. 

1572
01:23:22,320 --> 01:23:25,000
You got self custody in the seat
phrase you know. 

1573
01:23:27,800 --> 01:23:31,240
That's pretty good. 
We have given the people what 

1574
01:23:31,240 --> 01:23:34,120
they man. 
Wow, What a Friday. 

1575
01:23:34,200 --> 01:23:35,800
What a Friday. 
What's your meme score, bro? 

1576
01:23:36,000 --> 01:23:37,800
All right guys, my meme review 
score. 

1577
01:23:37,800 --> 01:23:40,680
I don't know if I'd use this, 
but I don't think I have. 

1578
01:23:40,680 --> 01:23:44,720
So you guys could Fact Check me,
but it's my Electro voice, my 

1579
01:23:44,720 --> 01:23:46,560
microphone case with nothing in 
it. 

1580
01:23:46,560 --> 01:23:48,880
Nothing's in here. 
So it's just a case. 

1581
01:23:48,880 --> 01:23:51,560
I think I've done it with like 
the microphones in it. 

1582
01:23:51,960 --> 01:23:55,000
But yeah, if you Fact Check me, 
if I need to do another one, 

1583
01:23:55,000 --> 01:23:59,440
I'll do another one. 
Wow, that bad. 

1584
01:24:00,480 --> 01:24:02,200
Dom, what would you give those 
memes? 

1585
01:24:03,520 --> 01:24:04,680
What's the rating again? 
The. 

1586
01:24:04,880 --> 01:24:06,840
The. 
Give it anything, any it's a 

1587
01:24:06,840 --> 01:24:11,440
meme color, number, feeling. 
Actually I got. 

1588
01:24:11,440 --> 01:24:13,240
I'm going to, I'm going to rate 
those memes. 

1589
01:24:13,240 --> 01:24:17,920
Seed plate. 
Oh strong, dude, strong. 

1590
01:24:18,080 --> 01:24:20,800
And it cannot be burned by jet 
fuel like one of your. 

1591
01:24:20,880 --> 01:24:23,720
Commentators OK, Chris is 
telling me another one. 

1592
01:24:23,720 --> 01:24:27,320
So I have one. 
I have a trash can for Nico's 

1593
01:24:28,000 --> 01:24:32,560
Arnold Schwarzenegger, actually,
for Nico's Southern accent. 

1594
01:24:32,560 --> 01:24:34,560
Impersonation. 
Some people liked it, some 

1595
01:24:34,560 --> 01:24:37,280
people didn't. 
You know, I did my best. 

1596
01:24:37,280 --> 01:24:38,600
I did my best. 
But anyways. 

1597
01:24:38,680 --> 01:24:41,560
I thought it was fire. 
I can no longer, you know, my 

1598
01:24:41,560 --> 01:24:43,600
meme score. 
I can no longer play this video 

1599
01:24:43,600 --> 01:24:45,480
after this week because it won't
be relevant. 

1600
01:24:45,480 --> 01:24:48,280
So I'm gonna do it one more time
because they expect well, 

1601
01:24:48,280 --> 01:24:49,360
because they wanna. 
Sell. 

1602
01:24:49,360 --> 01:24:51,600
It eventually, Michael. 
I mean, let's be honest, most of

1603
01:24:51,600 --> 01:24:54,480
the people who are, yes, sure, 
some people pass it on to their 

1604
01:24:54,480 --> 01:24:58,280
children, but like most of the 
people who are buying assets at 

1605
01:24:58,280 --> 01:25:00,960
some point want to sell the 
assets at a profit. 

1606
01:25:01,280 --> 01:25:01,920
So I. 
Guess. 

1607
01:25:01,960 --> 01:25:06,040
Let me say it differently. 
People that use Fiat currency as

1608
01:25:06,040 --> 01:25:08,160
a store of value, there's a name
for them. 

1609
01:25:08,160 --> 01:25:11,160
We call them poor. 
We call them poor. 

1610
01:25:11,600 --> 01:25:13,480
Very poor if you use. 
Hey. 

1611
01:25:13,520 --> 01:25:16,600
Someone someone last night at 
the meet up was like dude, after

1612
01:25:16,600 --> 01:25:19,840
you need to add we call them 
poor on the soundboard so I'll 

1613
01:25:20,080 --> 01:25:22,320
have the we call them. 
Poor on the Morpheus. 

1614
01:25:22,320 --> 01:25:24,400
We gotta add that to the intro, 
brother. 

1615
01:25:24,760 --> 01:25:26,600
We. 
Gotta we gotta definitely show 

1616
01:25:26,600 --> 01:25:28,120
that's. 
An epic sound bite. 

1617
01:25:28,280 --> 01:25:30,800
Epic sound bite by sailor. 
Right, we got some meme scores 

1618
01:25:30,800 --> 01:25:32,640
coming in, so let's get to it 
if. 

1619
01:25:32,640 --> 01:25:34,840
You guys are new to the show, by
the way. 

1620
01:25:35,600 --> 01:25:40,280
Drop your meme score in the live
chat and we will read it on air.

1621
01:25:40,800 --> 01:25:41,960
Yes? 
Sir, All right, here we go. 

1622
01:25:44,280 --> 01:25:50,400
All right, Dom Walken. 
Jeez, Nika's horrible today. 

1623
01:25:50,440 --> 01:25:52,080
It's. 
This is our boy Chris Alamo, he 

1624
01:25:52,080 --> 01:25:53,360
goes. 
My meme score is Dom. 

1625
01:25:53,360 --> 01:25:56,160
No, no, no, hold on. 
I want the boys impersonations. 

1626
01:25:56,880 --> 01:25:58,280
What's The Walking one? 
Yeah. 

1627
01:25:58,920 --> 01:26:01,560
It says, well, you got an 
inspiring young lad, Chris 

1628
01:26:01,560 --> 01:26:04,600
Alamo, he says. 
My meme score is Dom and Nico. 

1629
01:26:04,600 --> 01:26:07,360
They're doing all the voice 
impersonations. 

1630
01:26:07,400 --> 01:26:10,720
Come. 
On All right, next score, Donald

1631
01:26:10,760 --> 01:26:12,640
Trump all. 
Right, Elaine. 

1632
01:26:12,640 --> 01:26:15,120
Elaine Lowe. 
OK, score a song, sailor. 

1633
01:26:15,120 --> 01:26:18,480
Nailing it. 
OK, Nailing it on a sea of BTCA 

1634
01:26:18,480 --> 01:26:20,920
whaler. 
OK, but not another holder. 

1635
01:26:20,920 --> 01:26:24,440
Just like me. 
OK, sail on, sail on, sailor. 

1636
01:26:28,720 --> 01:26:30,760
All right, all right. 
De Niro. 

1637
01:26:30,880 --> 01:26:31,800
What? 
De Niro? 

1638
01:26:31,840 --> 01:26:36,160
De Niro. 
The the scores by Optis SP Theme

1639
01:26:36,160 --> 01:26:38,640
Tidy whities for bull markets. 
Yes. 

1640
01:26:39,280 --> 01:26:40,960
You're telling me a score. 
I heard things. 

1641
01:26:40,960 --> 01:26:42,560
A can of Pringles. 
OK. 

1642
01:26:42,560 --> 01:26:44,360
For the next bear market. 
OK. 

1643
01:26:44,400 --> 01:26:45,960
If you know, you know. 
OK. 

1644
01:26:46,360 --> 01:26:48,200
Focker. 
Focker, do you know. 

1645
01:26:48,560 --> 01:26:50,960
If you know, you know. 
I don't know. 

1646
01:26:51,040 --> 01:26:54,920
I don't know. 
Man, Phil C Sylvester, Stallone,

1647
01:26:54,920 --> 01:26:58,000
Dom. 
Yeah, you know, I give these 

1648
01:26:58,000 --> 01:27:01,720
memes the life of Bitcoin. 
A poor, you know? 

1649
01:27:01,800 --> 01:27:03,200
Hey, you know. 
You know what I mean? 

1650
01:27:03,200 --> 01:27:07,480
All. 
Right, next score. 

1651
01:27:07,480 --> 01:27:10,880
Wait, Optic, can you lower it? 
All right, Next score by the P 

1652
01:27:10,880 --> 01:27:12,480
Man Band. 
It says I give the memes a 

1653
01:27:12,480 --> 01:27:18,360
failing Nigerian CBDC. 
Next one we got J Dub, the Laker

1654
01:27:18,360 --> 01:27:21,560
21 million Meme score, sailor 
dunking on Tradfi Normie 

1655
01:27:21,560 --> 01:27:27,320
Reporters. 
Next score we got Mac Harfi says

1656
01:27:27,320 --> 01:27:29,600
meme score. 
I give the memes Nico and a 

1657
01:27:29,640 --> 01:27:32,560
demon overall lying and stacks 
of corn. 

1658
01:27:32,560 --> 01:27:34,640
That's great. 
I don't want a portrait of that 

1659
01:27:34,800 --> 01:27:37,640
Max Trotter meme. 
Score 42,000,000. 

1660
01:27:37,640 --> 01:27:41,560
Very, very nice. 
And we got Anton lost my my 

1661
01:27:41,560 --> 01:27:44,040
score. 
Never sell my corn to the poor. 

1662
01:27:45,920 --> 01:27:47,880
Oh man. 
All right, these are great, epic

1663
01:27:47,880 --> 01:27:50,520
scores, Vistock says. 
Meme score. 

1664
01:27:50,520 --> 01:27:53,640
Satoshi the chickens cameo on 
BTC sessions. 

1665
01:27:53,640 --> 01:27:56,280
That's right, I pulled them out.
Bitcoin did make an all time 

1666
01:27:56,280 --> 01:28:00,040
high stock market. 
Mike the meme score 10 out of 

1667
01:28:00,040 --> 01:28:02,360
10. 
All right, very, very good. 

1668
01:28:04,640 --> 01:28:07,520
And we ran. 
So we do we not. 

1669
01:28:08,440 --> 01:28:10,080
I mean right? 
Now there's more. 

1670
01:28:10,080 --> 01:28:12,240
There's more about the song 
ended in the buzzer. 

1671
01:28:13,080 --> 01:28:15,000
For once, we didn't just run out
of memes. 

1672
01:28:15,200 --> 01:28:16,280
No, we. 
Never we Never. 

1673
01:28:16,400 --> 01:28:17,880
Run out of memes, it's. 
Always the buzzer. 

1674
01:28:17,880 --> 01:28:19,920
What are you talking about? 
Anyways guys, thank you so much 

1675
01:28:19,920 --> 01:28:22,280
for tuning into another episode 
of Simply Bitcoin Live. 

1676
01:28:22,280 --> 01:28:24,480
I'm your host, Nico. 
This is my legendary Co host 

1677
01:28:24,600 --> 01:28:29,000
Optimus Fields, and this is our 
very special guest at Baywatch. 

1678
01:28:29,000 --> 01:28:32,080
You can follow him on Twitter 
and guys check out proof of 

1679
01:28:32,080 --> 01:28:36,680
workforce.org and tune into 
their spaces tonight. 

1680
01:28:36,680 --> 01:28:39,760
At what time, Dom? 
That's going to be in 10 minutes

1681
01:28:39,800 --> 01:28:43,400
at 11:00 AM Pacific Standard 
Time, 2:00 PM Eastern with the 

1682
01:28:43,400 --> 01:28:45,160
kid, Chris Alemo. 
Oh. 

1683
01:28:45,160 --> 01:28:48,120
With Chris Alemo, our boy Chris.
Alemo man, it's going to. 

1684
01:28:48,120 --> 01:28:51,520
Be in epic spaces. 
So guys, definitely tune into 

1685
01:28:51,520 --> 01:28:52,880
that. 
Thank you guys so much for 

1686
01:28:52,880 --> 01:28:55,360
tuning into Simply Bitcoin this 
week. 

1687
01:28:55,720 --> 01:28:58,920
Don, appreciate you coming. 
Always absolutely epic. 

1688
01:28:58,920 --> 01:29:01,320
That was one of my favorite meme
reviews ever with all the 

1689
01:29:01,600 --> 01:29:04,560
accents and all that stuff. 
Guys, we are simply Bitcoin. 

1690
01:29:04,560 --> 01:29:06,600
We appreciate y'all smash the 
like button. 

1691
01:29:06,600 --> 01:29:10,080
Consider subscribing if you feel
like we provided you value. 

1692
01:29:10,080 --> 01:29:12,880
But the number one thing you 
could do to help push the 

1693
01:29:12,880 --> 01:29:16,280
peaceful Bitcoin revolution is 
not only share this content. 

1694
01:29:16,400 --> 01:29:19,640
Share all Bitcoin content. 
Share all Bitcoin projects. 

1695
01:29:19,640 --> 01:29:22,520
Share Bitcoin culture. 
Share Bitcoin music. 

1696
01:29:22,520 --> 01:29:25,640
Share Bitcoin arts like the 
great Andrew Breitbart has 

1697
01:29:25,720 --> 01:29:28,200
instead. 
Politics is downstream from 

1698
01:29:28,200 --> 01:29:29,560
culture. 
So you want to win over the. 

1699
01:29:29,720 --> 01:29:31,960
You want to win one of the the 
political game. 

1700
01:29:31,960 --> 01:29:34,120
You have to win over the 
cultural game. 

1701
01:29:34,120 --> 01:29:36,720
I'm going to get some sleep. 
Love you guys. 

1702
01:29:36,920 --> 01:29:39,280
Enjoy. 
Have an amazing weekend And we 

1703
01:29:39,280 --> 01:29:42,680
back on Monday for a brand new 
episode of Simply Bitcoin Live. 

1704
01:29:42,680 --> 01:29:46,760
And our boy Ruston and John are 
going to be dropping a simply 

1705
01:29:46,760 --> 01:29:51,000
Bitcoin original later on today.
All right guys, enjoy the 

1706
01:29:51,000 --> 01:29:52,440
weekend. 
See you guys all. 

1707
01:29:52,480 --> 01:29:53,360
Peace out. 
We love you. 

1708
01:29:55,160 --> 01:29:58,640
So it was brought to you by 
bitcoinwell.com, a Bitcoin only 

1709
01:29:58,640 --> 01:30:01,840
platform on a mission to enable 
financial independence. 

1710
01:30:15,840 --> 01:30:20,840
That Simply Bitcoin show was so 
good I really appreciated that 

1711
01:30:20,840 --> 01:30:26,800
Dom guy and all his accents was 
very amazing as live.