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I don't believe sufficient ever 
have a good money against before

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we take something out of the 
names of governments, welcome 

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back everyone. 
We're simply Bitcoin. 

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00:00:10,800 --> 00:00:13,900
We break down the news. 
The daily fail meme review, 

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00:00:13,900 --> 00:00:18,300
software releases Hardware 
releases and the websites by 

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00:00:18,300 --> 00:00:22,400
plebs joining us today. 
Fellow bitcoiners. 

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00:00:22,500 --> 00:00:25,900
We've got Carla and Walker the 
crypto couple. 

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That's right. 
But first, we are diving into 

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the numbers. 
Let's do it. 

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Nick. 
Co brought to you by Bitcoin 

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00:00:32,400 --> 00:00:36,900
2022, it's gonna be the largest 
Bitcoin conference ever. 

12
00:00:37,000 --> 00:00:39,900
It's in less than a month guys, 
get your tickets. 

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00:00:39,900 --> 00:00:44,300
Now before the price goes up, 
its April 6 to the 9th speaker 

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00:00:44,300 --> 00:00:47,100
list is crazy. 
You have 90 bouquet of El 

15
00:00:47,100 --> 00:00:50,800
Salvador, Michael sailors, say 
15, Adam back, Jack Mater, 

16
00:00:51,000 --> 00:00:54,000
mahler's sent Senator lummis, 
and dr. 

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00:00:54,000 --> 00:00:57,300
Jordan Pederson, many other big 
time speakers. 

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00:00:57,300 --> 00:00:59,400
It's gonna be an awesome 
celebration Phil. 

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And I, Or on the meme panel, 
it's going to be really cool. 

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00:01:02,700 --> 00:01:05,700
And you can take advantage of 
the link down below for 10% off 

21
00:01:05,700 --> 00:01:09,500
your tickets to the biggest 
largest Bitcoin conference ever 

22
00:01:09,600 --> 00:01:12,100
Bitcoin 2022. 
At the time of this recording, 

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the block height is 727 1949 the
Bitcoin, price 40, 2215 chain 

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rewrite days 760, total public 
lightning capacity still 

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climbing. 3520 9.45, Moscow, 
time 2374, Four blocks to the 

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having 112,000 51 and the 
samurai Whirlpool. 

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Unspent capacity, Samurai 
Whirlpool is a coin joint or 

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collaborative spend service. 
They've got 4480 4.80, 9bt, see 

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in that pool, Nico the numbers. 
Keep saying it keeps saying that

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unspent capacity because I 
suspect it will become illegal 

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one day's. 
Bitcoin. 

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Not dead again. 
It's not dead yet. 

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It's not dead yet. 
Phil but - I thought this should

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be interesting. 
I got an email from a pleb and 

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he had a very interesting 
question. 

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I think that we could all add to
it so I'm gonna pop it up. 

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So you guys could see it 
tomorrow live, but I'm going to 

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read it during from my phone 
during the recording. 

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But anyways says, Hey Brother, 
how's it going? 

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My name is, I'm replacing his 
real name with Satoshi. 

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So, nope, you know what? 
That might be a little 

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confusing. 
Let's go with Bob Bob. 

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Okay, there we go. 
And he says, Hey Brother, how's 

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it going? 
My name is Bob and I'm looking 

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to get into Bitcoin. 
I'm really enjoying your show. 

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The reason I'm writing to ask 
you about Bitcoin is because 

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it's clear from your show that 
one of the main concerns is 

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Liberty. 
It's absolutely correct. 

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I'm up in Canada and as you can 
see, privacy is getting more and

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more important. 
Every day. 

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I got a real kick out of the 
response from nunchuck to my 

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Provincial Court. 
If you guys don't understand 

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that reference, that's when the 
Chuck this company, basically 

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told the Canadian government. 
Hey listen, we don't have access

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to that Bitcoin, etc, etc. 
Is that a good place to start? 

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I read about Samurai wallet. 
Is that a better option? 

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I have no idea. 
I understand I should create a 

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node first. 
Anyways, I'm a complete Noob. 

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Any pointers would be greatly 
appreciated. 

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Thanks for your time. 
Take care, fellow pleb, Bob Bob.

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Excellent question. 
A lot of a lot of stuff to 

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impact their. 
Okay? 

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So, first and foremost, first 
thing that you should do is take

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self custody of your Bitcoin. 
A lot of people get caught up 

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with the Privacy stuff. 
The most important thing, number

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one thing that matters is taking
sole possession of your Bitcoin,

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that means buying a hardware 
wallet. 

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And, you know, writing down 
those 24 words that the part 

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where wallet, you know, randomly
generates for you, right? 

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And you put those 24 words in a 
very safe place. 

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Ideally, you'd like, to back 
them up in metal just in case, 

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if you want to be super hardcore
and then take all your Bitcoin 

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off exchanges, put it on there. 
Now I'll get to privacy lost. 

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00:04:11,500 --> 00:04:15,300
The reason that you'd want to 
run a node is if your are using 

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that Hardware wallet and you're 
connecting ledger to like Ledger

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00:04:19,100 --> 00:04:23,800
live or you're connecting ledger
to electrum server, right? 

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00:04:23,800 --> 00:04:28,500
Or you're connecting ledger to 
anyone of blue wallet if you're 

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not using your nose, Node, 
you're using their node. 

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Meaning you're exposing all of 
your Bitcoin addresses to them, 

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so that they could theoretically
know they could submit my shoes 

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by okay. 
This person has this much 

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Bitcoin and I know his IP 
address, if you run your own 

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node and you connect it to one 
of the many Hardware or software

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wallets, which connects to your 
Ledger. 

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You're not trusting anybody. 
No one knows what your address 

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is. 
Are in fact, when you send a 

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transaction you're sending that 
Through torso, no one even knows

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where that transaction occurred 
from. 

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Right? 
So, but the the, so there's two 

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things and then the Privacy 
stuff. 

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Listen, I think it's important. 
You know, it's good to you know,

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I guess if you are privacy, 
privacy Centric. 

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Personally, I just worry about 
taking self custody. 

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I definitely worry about running
my own node. 

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If you wanted to do some shady 
stuff on the internet, perhaps 

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maybe privacy thing could be 
more important. 

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Portent, I think at this moment 
in time, I think though, if you 

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properly self, custody your 
Bitcoin, you take advantage, 

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take advantage of multisig of 
separating, your seats in 

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different geographical 
jurisdictions. 

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I think that is the most 
important to thing to do. 

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But anyways, Phil, what are your
thoughts on this to Bob? 

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Just the bottle? 
Yes. 

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To Bob, of course. 
Okay, so for the node, I mean, 

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look, you gave a lot of great 
advice with the, you know, the 

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hardware wall itself 
sovereignty. 

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So I'm not going to go over, you
know, taking Self custody of 

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your Bitcoin. 
So I'm not going to go over that

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piece but in terms of a node a 
lot of times people get confused

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because there's so many 
different node flavors and they 

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want to know what the 
differences are at the end of 

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the day. 
It's really going to be a matter

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of partially your technical 
capability. 

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Number one, number two, the 
price point that you're willing 

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to pay number three, the type of
user experience that, you know, 

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that you want to have. 
So you know in my case I run a 

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my node, I also run a raspy 
Blitz I also run an umbrella. 

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I also run an embassy just 
because I like to run all these 

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different flavors of nodes and I
enjoy going through all the 

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different you know user 
experiences. 

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I would say for you know someone
who's a total Noob, I would 

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probably you know suggest 
something like like a my note 

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but now moving on to the the 
Privacy aspect. 

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So look privacy is really 
difficult because it really is 

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also a matter of your capability
your preference. 

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And how much commitment you're 
really willing to make to 

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privacy because privacy, is not 
that simple, right? 

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Like we, obviously, like, you 
know, we see a lot of privacy 

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LARPing and stuff like that, you
know, because people are online 

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and they're talking about 
privacy, which is fantastic. 

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We can't not talk about it. 
It's very important. 

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And we should absolutely have a 
right to it. 

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But at the same time, it's, it's
very difficult. 

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So, you have to decide what 
degree of privacy you're going 

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to. 
Have and how comfortable you are

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with it. 
I think to me, anyways, that's 

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the best answer. 
I can go to sleep with at night 

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and one of the best ways, if you
really concerned about privacy, 

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instead of thinking about the 
coins and all that, run your own

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note, like it that like that 
already you're 90% good at that 

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00:07:49,300 --> 00:07:51,600
point, right? 
If you, you know, want to put a 

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00:07:51,608 --> 00:07:54,500
tinfoil hat and you really, 
really privacy Centric. 

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Then perhaps you can go into the
coins and stuff, but just by the

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mere fact of taking self 
custody, Writing your own node. 

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That is already in itself, a lot
of privacy because once you run 

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your own node, people don't know
who your transacting with. 

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00:08:08,800 --> 00:08:10,800
They don't they have no idea, 
right? 

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00:08:10,800 --> 00:08:12,400
They don't even know if you own 
those keys. 

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Per se, right? 
Anyways, the crypto couple. 

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What? 
Are your thoughts on this 

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00:08:16,300 --> 00:08:17,000
question? 
Bye. 

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00:08:17,000 --> 00:08:19,700
Bob. 
Well, the fact that Bob isn't 

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talking about a node. 
What is already talking about 

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nodes like this are you Bob Bob 
Bob wink wink. 

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00:08:27,500 --> 00:08:29,700
You are like already so far 
apart. 

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00:08:29,800 --> 00:08:33,100
Finally, a new lot of big 
Corners like this Bob not even 

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own any coins yet, because if 
so, this is even more and now 

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I'm suspicious honest. 
Now I'm like his father's. 

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00:08:39,400 --> 00:08:41,900
I don't know, just getting I'm 
getting. 

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00:08:42,400 --> 00:08:45,300
No, I think that I'm just, you 
know, you guys nailed it. 

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First of all, the biggest thing 
I would say, like at least for 

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me when I was getting started 
out was I want to try to figure 

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out what is the easiest way that
I can get like a minimum viable 

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product in terms of security, 
right? 

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00:08:56,500 --> 00:09:00,300
Like, how can I as I'm starting 
out and especially maybe Putting

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in too much right away, I'm 
putting in maybe it's, you know,

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a few bucks a week. 
Now, this is fairly recent but 

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now I have a stack of different 
Hardware wallets because I fears

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00:09:09,000 --> 00:09:11,400
like to play around with them 
over the course of the last 

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00:09:11,400 --> 00:09:15,000
several years and it's fun. 
I'm in terms of nodes, I run an 

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humble but I started with a 
raised by Blitz similarly to you

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just because I thought that's a 
really cool way to actually get 

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my hands dirty with and we just 
had one laying around and yeah. 

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00:09:23,400 --> 00:09:31,500
Yeah. 
I think the fact that you are 

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already asking these questions 
and that you're already thinking

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about not just okay, how do I 
buy Bitcoin? 

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00:09:37,200 --> 00:09:39,800
But how do I securely custody? 
How do I securely? 

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00:09:39,800 --> 00:09:42,900
Verify my Bitcoin. 
You are already multiple steps 

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00:09:42,900 --> 00:09:46,200
ahead Bob. 
So you're already on the right 

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track best thing you could do. 
Would just number one thing. 

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00:09:50,400 --> 00:09:53,600
Get yourself a hardware wallet 
and you're already farther 

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00:09:53,600 --> 00:09:55,800
ahead. 
Further ahead, pardon me, then 

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00:09:55,900 --> 00:09:58,700
most people will be. 
And then one thing I want to add

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00:09:58,700 --> 00:10:02,700
to that is just to Number two do
like Security reviews every once

185
00:10:02,700 --> 00:10:07,500
in a while because for the most 
part he handles a lot of that 

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00:10:07,500 --> 00:10:10,300
and then like we'll go and have 
review sessions where like all 

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00:10:10,300 --> 00:10:12,700
go through things like uncertain
weekends but you know it's just 

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00:10:12,700 --> 00:10:16,500
good to keep a refresher because
you know it's steps. 

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00:10:16,500 --> 00:10:19,000
It's tough you're fully 
responsible for that. 

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00:10:19,000 --> 00:10:22,300
If you mess it up, it's on you. 
So it's in your best interest to

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00:10:22,300 --> 00:10:25,100
just you know grab some training
on itself. 

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00:10:25,100 --> 00:10:27,300
Custody is amazing. 
Like it is incredible that we 

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00:10:27,300 --> 00:10:29,600
have for the first time in 
history, an ass. 

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00:10:29,800 --> 00:10:32,600
Set that is Encompass cable. 
We just got from back from them 

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00:10:32,600 --> 00:10:35,000
Compass capable conference. 
That word is still in my head. 

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00:10:35,000 --> 00:10:37,700
Yeah. 
But this is something that you 

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00:10:37,700 --> 00:10:41,900
can truly have custody of her 
like no other asset that you 

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00:10:41,900 --> 00:10:44,200
own. 
I don't you can name any asset, 

199
00:10:44,200 --> 00:10:48,200
you cannot own it the same way 
that you truly own Bitcoin, but 

200
00:10:48,200 --> 00:10:50,300
with great power comes great 
responsibility. 

201
00:10:50,600 --> 00:10:54,200
So you have to make sure don't 
overcomplicate your setup and 

202
00:10:54,200 --> 00:10:57,500
end up screwing yourself over. 
Keep it simple, stupid. 

203
00:10:57,500 --> 00:11:00,300
And first, you know, do what you
need to do, but Of the fact that

204
00:11:00,300 --> 00:11:02,900
you're already asking about 
these things which are not 

205
00:11:03,000 --> 00:11:06,200
complex to set up, but are 
complex things to start to think

206
00:11:06,200 --> 00:11:08,300
about like nodes like self 
custom, like other deeper 

207
00:11:08,300 --> 00:11:12,000
privacy things, coin Choice, 
you're on a great path already 

208
00:11:12,000 --> 00:11:16,900
but yeah, Bob exactly, Bob, I 
heard it. 

209
00:11:16,900 --> 00:11:19,200
I hope I hope we answered your 
question, brother. 

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00:11:19,200 --> 00:11:22,900
I just want to say though, I 
thought fill a nice chemistry 

211
00:11:22,900 --> 00:11:27,700
was All-Star, but you guys. 
Holy crap. 

212
00:11:27,700 --> 00:11:29,300
You guys are finishing, each 
others. 

213
00:11:29,700 --> 00:11:32,600
Jokes and comments. 
And that that that was awesome. 

214
00:11:32,600 --> 00:11:35,400
That's something like 20K for 
like 12 years better. 

215
00:11:35,400 --> 00:11:36,900
Be able to finish a few 
sentences. 

216
00:11:37,700 --> 00:11:40,700
It's a pleasure to see because 
you're not used to it, you're 

217
00:11:40,700 --> 00:11:42,900
not used to seeing this, you're 
used to, you know, it's 

218
00:11:42,900 --> 00:11:44,700
strangers, interacting with each
other. 

219
00:11:44,800 --> 00:11:47,600
So the dynamic isn't there, you 
know, and then I sit with you 

220
00:11:47,600 --> 00:11:50,600
guys immediate. 
I'm like damn, these guys are 

221
00:11:50,600 --> 00:11:53,000
Pros. 
So yeah we're married or 

222
00:11:53,000 --> 00:11:55,700
something hahaha. 
Yeah, maybe maybe that's good. 

223
00:11:55,700 --> 00:11:59,000
Like I get packages in the mail 
and I'm like, what are all these

224
00:11:59,000 --> 00:12:03,900
like fire Ruth bags and you're 
like, what are you doing babe? 

225
00:12:04,100 --> 00:12:13,000
I'm like okay if you don't giant
fireproof bags, I'm like Faraday

226
00:12:13,000 --> 00:12:19,400
bag knives and weapons 
throughout your entire house and

227
00:12:19,400 --> 00:12:22,000
that is probably the best thing 
you can do to prevent against 

228
00:12:22,000 --> 00:12:23,700
the five dollar wrench attack. 
Yes. 

229
00:12:23,700 --> 00:12:27,300
Most realistically the biggest 
attack Vector, that's what I 

230
00:12:27,300 --> 00:12:29,400
worry about. 
Like the five dollar budget act 

231
00:12:29,400 --> 00:12:32,700
like As a, he's an all-woman to 
more likely situation then 

232
00:12:32,700 --> 00:12:36,000
somebody finding a way to break 
through your like they're not 

233
00:12:36,000 --> 00:12:37,200
going to crack your Hardware 
wallet. 

234
00:12:37,500 --> 00:12:41,200
Yeah. 
Somehow crack a cloud-based you 

235
00:12:41,200 --> 00:12:45,400
know hot wallet maybe but they 
will not crack anything. 

236
00:12:45,400 --> 00:12:49,200
If you got a gun pointed at, you
know, II, completely agree, and 

237
00:12:49,200 --> 00:12:53,100
I think that, that really, 
because that really emphasizes 

238
00:12:53,100 --> 00:12:55,200
something that I think that a 
lot of people getting into the 

239
00:12:55,200 --> 00:12:57,900
space, get absolutely wrong, 
which is like, oh, someone's 

240
00:12:57,900 --> 00:12:59,600
going to pack my stuff? 
No, no. 

241
00:12:59,900 --> 00:13:01,900
What they're going to do is I'm 
going to show up which is why 

242
00:13:01,900 --> 00:13:03,400
it's called the five dollar 
wrench attack. 

243
00:13:03,400 --> 00:13:04,600
They're going to show up to your
house. 

244
00:13:04,600 --> 00:13:06,600
If they know where you live, 
they're going to come up with 

245
00:13:06,600 --> 00:13:08,700
the five dollar wrenches and put
it over your head and say, hey 

246
00:13:08,700 --> 00:13:12,000
give me your crypto, so there's 
many ways to protect it. 

247
00:13:12,000 --> 00:13:13,600
Look, there's no perfect 
solution. 

248
00:13:13,900 --> 00:13:16,800
There is what the crypto couple 
was suggesting, which is 

249
00:13:16,800 --> 00:13:20,100
basically, you know, fi, you 
know, load up, I live in a red 

250
00:13:20,100 --> 00:13:21,400
state. 
So that's something I do 

251
00:13:21,400 --> 00:13:25,800
personally myself, you could 
also however, take advantage of 

252
00:13:25,800 --> 00:13:29,200
multisig and you can 
geographically separate your 

253
00:13:29,200 --> 00:13:31,600
seeds. 
He's so even if an attacker does

254
00:13:31,600 --> 00:13:35,100
get you, you could literally 
look at him and says, bro, I 

255
00:13:35,100 --> 00:13:37,900
can't even give it to you if I 
wanted to because I have to 

256
00:13:37,900 --> 00:13:41,100
drive to another location to 
completely sign that 

257
00:13:41,100 --> 00:13:42,900
transaction. 
So it's ready to broadcast. 

258
00:13:42,900 --> 00:13:46,000
So there's many winning 
different ways to get into this,

259
00:13:46,200 --> 00:13:49,900
you're just at the beginning of 
the rabbit hole but Bob, we hope

260
00:13:49,900 --> 00:13:53,100
you answered your question. 
Anyways, fill with Bob go Bob. 

261
00:13:53,100 --> 00:13:55,900
Phil, it's time for the daily 
fail. 

262
00:13:55,900 --> 00:13:58,900
Brought to you by Ember app. 
Check them out. 

263
00:13:58,900 --> 00:14:02,100
It's a Stacking app by actual 
bitcoiners. 

264
00:14:02,100 --> 00:14:05,100
Low fees. 
Fair spreads smart automation. 

265
00:14:05,100 --> 00:14:08,800
The link is down below ammo. 
Smart ways. 

266
00:14:08,800 --> 00:14:12,600
That sounds. 
Alright, everyone got some 

267
00:14:12,600 --> 00:14:15,100
pretty bad fails. 
Today we're going to dive right 

268
00:14:15,100 --> 00:14:16,600
into it. 
Here we go. 

269
00:14:16,600 --> 00:14:19,900
This is the first one. 
This is a tweet from Snoop Dogg.

270
00:14:19,900 --> 00:14:23,700
Now personally being a child of 
the 80s and having grown up, you

271
00:14:23,700 --> 00:14:28,100
know, in the perfect time to 
hear when doggystyle came out 

272
00:14:28,100 --> 00:14:29,600
when dr. 
Dre's, The Chronic came. 

273
00:14:29,700 --> 00:14:32,000
Out. 
This this is very this is very 

274
00:14:32,000 --> 00:14:33,900
sad. 
This is very sad, not 

275
00:14:33,900 --> 00:14:37,900
surprising, not surprising, but 
sad, let's let's, let's listen 

276
00:14:37,900 --> 00:14:49,900
here to what Snoop had to say. 
Right now, the number one, two, 

277
00:14:49,900 --> 00:14:55,600
three spot belongs for Snoop 
Dogg the nft community. 

278
00:14:55,600 --> 00:14:57,000
I appreciate y'all. 
I love y'all. 

279
00:14:57,000 --> 00:14:58,800
Thank y'all for support. 
Okay? 

280
00:14:58,800 --> 00:15:00,300
Okay, that's enough of that for 
now. 

281
00:15:01,000 --> 00:15:04,400
So look. 
We always, you know, we always 

282
00:15:04,400 --> 00:15:07,200
say this about the shit coiners.
The problem with Bitcoin is that

283
00:15:07,200 --> 00:15:09,000
they can't make it about them, 
right? 

284
00:15:09,000 --> 00:15:11,900
They have to actually contribute
to bitcoin, they have to provide

285
00:15:11,900 --> 00:15:13,700
value. 
They have to figure out how to 

286
00:15:13,700 --> 00:15:17,700
properly create something that 
other people are actually going 

287
00:15:17,700 --> 00:15:22,700
to want to use or be a part of 
or interact with, and it's not 

288
00:15:22,800 --> 00:15:26,000
even theirs entirely Bitcoin is 
everyone's. 

289
00:15:26,200 --> 00:15:28,700
But when it comes to the shit 
coining, it's all theirs. 

290
00:15:28,700 --> 00:15:31,700
And look, as much as I love 
Snoop Dogg, this is a fucking 

291
00:15:31,700 --> 00:15:34,500
fail. 
For I move on to the the next 

292
00:15:34,500 --> 00:15:36,600
one because it does get. 
It does get hotter, right? 

293
00:15:36,600 --> 00:15:38,200
The next one's going to be 
pretty next. 

294
00:15:38,200 --> 00:15:39,400
One's going to be pretty 
hyperbolic. 

295
00:15:39,400 --> 00:15:41,400
Does anybody have any comments 
on? 

296
00:15:41,400 --> 00:15:45,200
Yeah, look real quick. 
Dude, how much are they paying 

297
00:15:45,200 --> 00:15:47,200
him? 
How much are they playing Snoop?

298
00:15:47,700 --> 00:15:49,800
That's the only reason he's 
interested in this. 

299
00:15:50,100 --> 00:15:52,200
You know, that's the only reason
that the celebrities are 

300
00:15:52,200 --> 00:15:54,300
interested in this. 
We've shown you examples of like

301
00:15:54,300 --> 00:15:56,400
Solana Labs, reaching out to me 
personally. 

302
00:15:56,600 --> 00:16:00,300
Hey, would you like b v to be a?
So it's like that's the scam, 

303
00:16:00,300 --> 00:16:02,300
right? 
They get high profile people, 

304
00:16:02,300 --> 00:16:03,500
they get in. 
Influencers. 

305
00:16:03,500 --> 00:16:07,400
They pay them under the table to
promote these n FTS and to make 

306
00:16:07,400 --> 00:16:10,500
you think that they're buying, 
it just like the rest of just 

307
00:16:10,500 --> 00:16:13,100
like the rest of us. 
But in reality, they're, they're

308
00:16:13,100 --> 00:16:16,500
yeah, they're getting. 
They're getting a little shekels

309
00:16:16,500 --> 00:16:18,400
under the table. 
I'll just say that, right? 

310
00:16:18,400 --> 00:16:21,200
So anyways, Carla, what are your
thoughts on this? 

311
00:16:22,200 --> 00:16:26,400
Well, it's funny because the 
other day, like I got a DM and 

312
00:16:26,400 --> 00:16:28,300
like, I'll just turn to Walker 
because we have like separate 

313
00:16:28,300 --> 00:16:32,800
dust and I'm like, I just like 
got an offer to be like, in a 

314
00:16:33,000 --> 00:16:35,200
Documentary about like Snoop 
Dogg. 

315
00:16:35,200 --> 00:16:40,600
And if T's like what like a good
look at him just like we still 

316
00:16:40,600 --> 00:16:43,700
have day jobs, right? 
So I look around like, what? 

317
00:16:43,800 --> 00:16:46,200
But I'm like this is like when 
people clearly don't look at any

318
00:16:46,200 --> 00:16:49,300
of the stuff we do because they 
would know that we don't do 

319
00:16:49,400 --> 00:16:51,400
anything like that. 
So it's just like, if you're not

320
00:16:51,400 --> 00:16:54,700
gonna do the research, I mean, 
here's the thing for me it's 

321
00:16:54,700 --> 00:16:58,100
like I am all about artists 
especially up. 

322
00:16:58,100 --> 00:17:02,500
Yeah, I mean ones, screw labels 
fairly for the amazing fucking 

323
00:17:02,500 --> 00:17:03,500
work. 
Yeah. 

324
00:17:03,500 --> 00:17:09,000
Labels are getting screwed over 
by these labels to every song 

325
00:17:09,000 --> 00:17:11,500
Going Back, 100 years until that
cut offense. 

326
00:17:11,500 --> 00:17:14,000
Works like a statue limitations 
up and now you can use it right 

327
00:17:14,000 --> 00:17:17,200
spray. 
So like 1921 music I'm coming at

328
00:17:17,200 --> 00:17:17,800
you. 
Ha, ha. 

329
00:17:18,000 --> 00:17:19,300
Ha ha ha. 
It's true. 

330
00:17:20,300 --> 00:17:22,200
But it's just a new money 
Steven. 

331
00:17:22,700 --> 00:17:30,100
There is absolutely, but I don't
think that the solution is 

332
00:17:30,900 --> 00:17:36,100
solving it yet really Yeah. 
Like there is the potential for 

333
00:17:36,100 --> 00:17:39,400
it, but this current 
implementation of what people 

334
00:17:39,400 --> 00:17:42,500
deem as a solution is not 
necessarily doing it. 

335
00:17:42,500 --> 00:17:45,000
Now, there are also artists who 
are talking about how these 

336
00:17:45,000 --> 00:17:46,800
things are being beneficial to 
them right now. 

337
00:17:46,800 --> 00:17:50,200
And I'm very glad for that. 
But what is like the long-term 

338
00:17:50,200 --> 00:17:53,100
sustainability of this and how 
much damage are you potentially 

339
00:17:53,100 --> 00:17:56,100
doing, two technologies that 
could be useful in the future, 

340
00:17:56,100 --> 00:17:59,200
by the way that you are 
promoting them now, like, we all

341
00:17:59,200 --> 00:18:02,000
agree that artists should be 
paid more than labels shouldn't 

342
00:18:02,000 --> 00:18:04,500
have these massive Massive 
amount and not just you know, 

343
00:18:04,500 --> 00:18:09,100
musical artist but you fucking 
art artists to like today them 

344
00:18:09,100 --> 00:18:11,300
to get paid more to play Devil's
Advocate though. 

345
00:18:11,300 --> 00:18:13,900
Like the celebrity element that 
is coming into it, which is 

346
00:18:13,900 --> 00:18:16,500
Snoop, which is Paris Hilton, 
which is whoever you want to be.

347
00:18:17,900 --> 00:18:21,000
You have people coming up to us,
asking us about an EFT. 

348
00:18:21,000 --> 00:18:23,400
He's like we have friends and 
then we start to talk to me 

349
00:18:23,400 --> 00:18:26,800
about Bitcoin like will sort of 
guide them once they come up to 

350
00:18:26,800 --> 00:18:28,800
us because we're not trying to 
be like some Jehovah's 

351
00:18:28,800 --> 00:18:29,700
Witnesses. 
Right. 

352
00:18:29,800 --> 00:18:31,600
We're not going up to all of our
friends being like, this is what

353
00:18:31,600 --> 00:18:34,100
you should do just most, but if 
someone comes up to us being 

354
00:18:34,100 --> 00:18:36,100
like, Oh, I heard about this, I 
have tea or like, I want to buy 

355
00:18:36,100 --> 00:18:37,700
the sine of T. 
We're gonna be like, well let me

356
00:18:37,700 --> 00:18:39,000
tell you about Bitcoin. 
Yeah. 

357
00:18:39,000 --> 00:18:42,900
So I think the celebrity element
is actually at least priming a 

358
00:18:42,900 --> 00:18:44,900
really large group of people 
that is going to be really 

359
00:18:44,900 --> 00:18:46,700
important going forward. 
That's the thing. 

360
00:18:46,700 --> 00:18:50,700
Like Remember when like, you 
know, week Witherspoon, you 

361
00:18:50,700 --> 00:18:54,300
know, came out and was like, 
think what came out and you have

362
00:18:54,300 --> 00:18:56,300
started putting stuff out there 
lover. 

363
00:18:56,300 --> 00:18:59,300
Think she's fantastic but found 
it very telling like this was 

364
00:18:59,300 --> 00:19:02,900
the entry point that she found 
into the industry, right? 

365
00:19:02,900 --> 00:19:05,200
This is where she found her 
little Nexus. 

366
00:19:05,600 --> 00:19:07,700
Little local doesn't want to 
capitalize on it. 

367
00:19:07,900 --> 00:19:10,000
Yeah, actually. 
So right people love money. 

368
00:19:10,000 --> 00:19:14,100
This is not not new like money 
is like glitter in the Bedrock 

369
00:19:14,100 --> 00:19:15,900
of everything we do. 
It's how we measure our time and

370
00:19:15,900 --> 00:19:19,500
energy but it's it's interesting
that this is the place that a 

371
00:19:19,500 --> 00:19:21,200
lot of celebrities are coming 
in. 

372
00:19:21,200 --> 00:19:25,300
You know, it's not interesting 
and obviously a lot of athletes 

373
00:19:25,300 --> 00:19:27,900
coming in on the Bitcoin side 
first, which I think is very 

374
00:19:27,900 --> 00:19:31,100
interesting because athletes 
that's proof of work, right? 

375
00:19:31,100 --> 00:19:33,400
And you're an athlete. 
That is proof of work. 

376
00:19:33,400 --> 00:19:35,800
You did it innately? 
You have to work for everything 

377
00:19:35,800 --> 00:19:37,000
you have right now. 
Yeah. 

378
00:19:37,000 --> 00:19:38,500
Yeah. 
I agree. 

379
00:19:38,500 --> 00:19:41,700
It look, I definitely think that
it was, you know, with all the 

380
00:19:41,800 --> 00:19:44,300
the road to hell is paved with 
good intentions, right? 

381
00:19:44,300 --> 00:19:50,000
But it's clearly been completely
Taken over by these VCS by these

382
00:19:50,000 --> 00:19:53,700
companies that are using 
celebrity endorsements to pump 

383
00:19:53,700 --> 00:19:58,500
these digital Deanie babies, but
they're not really, you know, 

384
00:19:58,500 --> 00:20:02,200
scarce because you could make an
exact photocopy of them, and I 

385
00:20:02,200 --> 00:20:04,200
just think they're taking 
advantage of people. 

386
00:20:04,500 --> 00:20:09,100
But anyways, ch3, round, we are 
libertarian bitcoiners after 

387
00:20:09,100 --> 00:20:11,400
all. 
So, if you want to buy some 

388
00:20:11,700 --> 00:20:16,300
thing that I can make an exact 
photo copy of paying a command R

389
00:20:16,300 --> 00:20:19,400
then, So be it, no command-c. 
I think it is. 

390
00:20:19,500 --> 00:20:22,800
Anyway, so what's the next fail?
All right, so let's get a little

391
00:20:22,800 --> 00:20:26,200
hyperbolic here, get ready, get 
ready. 

392
00:20:27,100 --> 00:20:30,700
All right, so, oh Jesus, yeah, 
that's right. 

393
00:20:30,700 --> 00:20:33,100
We're going there, right? 
The The Man Who Shall Not Be 

394
00:20:33,100 --> 00:20:36,200
Named anyways, so this is 
interesting as I was doing, you 

395
00:20:36,200 --> 00:20:39,100
know, research for This Time 
Magazine cover. 

396
00:20:39,200 --> 00:20:40,700
I didn't realize. 
A lot of people think that it's 

397
00:20:40,700 --> 00:20:45,100
the cover with him on it, but 
really, this was the Time 

398
00:20:45,300 --> 00:20:49,900
Magazine cover back on. 
February 2nd, 1939. 

399
00:20:49,900 --> 00:20:52,800
And if you take a look at this, 
this is actually pretty creepy 

400
00:20:53,800 --> 00:20:55,200
Oregon. 
The yeah. 

401
00:20:55,200 --> 00:20:57,600
It's from, it's called from the 
Unholy organist. 

402
00:20:57,600 --> 00:21:01,000
A Hime, A Hymn of hate. 
Okay. 

403
00:21:01,300 --> 00:21:02,800
And this isn't actually the 
fail. 

404
00:21:02,800 --> 00:21:07,500
This is just the illustrate some
of the complete cluster Fox that

405
00:21:07,500 --> 00:21:10,000
have been on the cover of Time 
Magazine. 

406
00:21:10,400 --> 00:21:12,000
And we're going to, we're going 
to move on here. 

407
00:21:12,000 --> 00:21:14,200
We're going to take a look. 
We've got, you know we've got 

408
00:21:14,200 --> 00:21:19,000
this of Stalin as well 1943 
another A great pick okay by 

409
00:21:19,000 --> 00:21:24,300
Time Magazine but wizard but 
wait 2022, move over. 

410
00:21:25,800 --> 00:21:29,400
We've got vitalic. 
That's right, we've got the 

411
00:21:29,400 --> 00:21:32,800
prince of shit coins has 
concerns. 

412
00:21:33,300 --> 00:21:35,800
Oh my pretty much should clan 
castle May tumble. 

413
00:21:36,400 --> 00:21:40,400
Anyways, etherium creator, of 
italic butyrin fights to fix the

414
00:21:40,400 --> 00:21:44,000
world he created. 
So this is, this is really 

415
00:21:44,000 --> 00:21:48,800
interesting, okay, before we 
before we move onto the Fail and

416
00:21:48,800 --> 00:21:51,600
just want to give everybody a 
chance to Riff on this, but, you

417
00:21:51,600 --> 00:21:55,600
know, Nico and I were talking 
about this before the fail and 

418
00:21:56,500 --> 00:21:59,600
you know, they can't put Satoshi
on the cover, right? 

419
00:21:59,600 --> 00:22:02,000
They can't put the even though 
even though it probably should 

420
00:22:02,000 --> 00:22:05,100
just be, like a question mark 
with, like, a faded Bitcoin logo

421
00:22:05,100 --> 00:22:07,700
or something like that, you 
know, I don't know, you know, 

422
00:22:07,700 --> 00:22:09,700
really, they can't put him on 
the cover. 

423
00:22:09,700 --> 00:22:14,200
But what they can do is put this
Affinity scammer on the cover 

424
00:22:14,300 --> 00:22:19,700
and by doing this, okay, by 
doing this It validates this pre

425
00:22:19,700 --> 00:22:26,800
mind centralized garbage to the 
world and says, hey, this is 

426
00:22:26,800 --> 00:22:30,000
just like Bitcoin but it's a 
little bit different. 

427
00:22:30,500 --> 00:22:32,900
This is nothing like Bitcoin. 
This is complete garbage. 

428
00:22:32,900 --> 00:22:36,300
We've already shown you this 
after the 2016 Deo hack this 

429
00:22:36,300 --> 00:22:38,900
thing. 
This thing failed already, it's 

430
00:22:38,900 --> 00:22:40,700
already failed. 
It's already a piece of garbage.

431
00:22:40,700 --> 00:22:43,900
We show you guys, the wrecked 
leaderboard and all of the what 

432
00:22:43,900 --> 00:22:48,300
is it now over a billion dollars
lost in Defy protocols, with all

433
00:22:48,300 --> 00:22:52,200
these stupid liquidity pools. 
So look, this is just nonsense. 

434
00:22:52,200 --> 00:22:54,500
And you know what? 
This is just another this is 

435
00:22:54,500 --> 00:22:58,200
another another time where times
got it wrong. 

436
00:22:59,300 --> 00:23:05,400
Yeah dude look just real quick, 
The Innovation with Bitcoin. 

437
00:23:05,500 --> 00:23:08,400
Right? 
Is in this goes back to the 

438
00:23:08,400 --> 00:23:12,300
Bretton Woods thing, right? 
Is that as long as human beings 

439
00:23:12,300 --> 00:23:15,800
are able to manipulate the 
monetary policy, it will 

440
00:23:15,800 --> 00:23:17,800
inevitably get corrupted It 
right. 

441
00:23:17,800 --> 00:23:21,500
We started in you know with the 
gold standard the Bretton Woods 

442
00:23:21,500 --> 00:23:25,900
agreement over time, that 
started to degrade the 1971 

443
00:23:25,900 --> 00:23:27,800
right. 
Took us off completely off the 

444
00:23:27,800 --> 00:23:30,300
gold standard. 
Now we've just been Fiat, right?

445
00:23:30,400 --> 00:23:32,800
And that has happened throughout
history. 

446
00:23:32,800 --> 00:23:36,200
Many many times back in the 
Roman Republic, the Roman 

447
00:23:36,200 --> 00:23:39,300
Empire. 
The money started with 85-90 

448
00:23:39,300 --> 00:23:43,500
percent silver, towards the end 
of the Empire, had .00, some 

449
00:23:43,500 --> 00:23:47,100
fractional amount, right? 
So why am I bringing this up? 

450
00:23:47,200 --> 00:23:51,200
Because if we don't separate the
monetary policy away from 

451
00:23:51,200 --> 00:23:54,400
humans, even with the best 
intentions, it will be 

452
00:23:54,400 --> 00:23:55,500
corrupted. 
Why? 

453
00:23:55,700 --> 00:23:58,100
Because absolute power corrupts.
Absolutely. 

454
00:23:58,300 --> 00:24:02,500
So, while X is focusing on the 
man, you know, the man to fix 

455
00:24:02,500 --> 00:24:07,300
Germany, the man to fix Russia 
the man to fix money, right? 

456
00:24:07,300 --> 00:24:11,500
The man is the problem. 
You need to take it away from of

457
00:24:11,500 --> 00:24:15,600
the equation completely and only
Bitcoin does that. 

458
00:24:15,800 --> 00:24:17,800
Anyways. 
Walker. 

459
00:24:17,800 --> 00:24:21,400
What are your thoughts? 
I mean first of all, that was 

460
00:24:21,700 --> 00:24:23,100
poetic and beautiful, like, 
right? 

461
00:24:23,100 --> 00:24:28,300
The man is the problem. 
I think it's interesting. 

462
00:24:28,300 --> 00:24:33,700
Obviously time as a funny 
history of putting up very 

463
00:24:33,700 --> 00:24:38,100
intriguing covers and I get that
they're trying to cast cultural 

464
00:24:38,100 --> 00:24:45,400
commentary or perhaps I'm being 
very forgiving here on the You 

465
00:24:45,400 --> 00:24:48,600
know, I also like metallic 
himself, I don't think he's so 

466
00:24:49,000 --> 00:24:54,000
evil guy, I think he's just a 
nerd fucking nerd and he's very 

467
00:24:54,000 --> 00:24:58,000
young, still like this kid was 
working on bitcoin and then 

468
00:24:58,000 --> 00:25:02,000
aetherium like a long time ago. 
So he's been around for a while.

469
00:25:02,300 --> 00:25:05,900
I do however, think that a lot 
of the people that surround him.

470
00:25:06,000 --> 00:25:13,000
Yeah, are not quite so, purely 
nerdy and have very very 

471
00:25:13,000 --> 00:25:14,700
different profit. 
The metallic. 

472
00:25:14,700 --> 00:25:17,400
I don't think that guy probably 
really cares about being rich 

473
00:25:17,400 --> 00:25:20,600
because he's already insanely 
wealthy, right? 

474
00:25:20,600 --> 00:25:24,800
Like and clearly he's not like 
spending that money on normal 

475
00:25:24,800 --> 00:25:27,200
people, things, I don't know 
what he's spending it on or if 

476
00:25:27,200 --> 00:25:32,100
he's spending it, but like there
are also obviously a very let's 

477
00:25:32,100 --> 00:25:34,900
say, well connected group of 
people around him, those 

478
00:25:34,900 --> 00:25:39,500
tentacles stretch to all the 
corners in the world that have a

479
00:25:39,500 --> 00:25:42,200
vested interest in seeing this 
Theory. 

480
00:25:42,200 --> 00:25:46,900
Mm experiments. 
Seed and their motivations, I 

481
00:25:46,900 --> 00:25:51,700
would say are slightly more 
nefarious and statist if I may 

482
00:25:51,700 --> 00:25:54,300
add and this is something like 
whatever we do comedy. 

483
00:25:54,300 --> 00:25:58,200
So, like I think it is a little 
funny that time put like a 

484
00:25:58,200 --> 00:26:02,900
Russian on the cover right now. 
Yeah, that's true. 

485
00:26:03,200 --> 00:26:15,100
It's true. 
Been going on in the world and 

486
00:26:15,100 --> 00:26:16,800
Ward and everything. 
It's like Time cover. 

487
00:26:16,800 --> 00:26:20,300
Here is a Russian vitalik. 
Ha, ha ha ha ha. 

488
00:26:20,800 --> 00:26:23,700
No. 
And what if they swap change? 

489
00:26:24,400 --> 00:26:27,500
Remember though? 
He went against the he agreed 

490
00:26:27,500 --> 00:26:30,000
with the narrative. 
So he's an OK Russian. 

491
00:26:30,300 --> 00:26:32,500
He's an OK Russian. 
He's a palatable. 

492
00:26:32,500 --> 00:26:35,400
Russian will allow him for now 
until he doesn't say the right 

493
00:26:35,400 --> 00:26:37,500
thing. 
He's allowed to use money. 

494
00:26:37,900 --> 00:26:39,400
The other Russians on the other 
hand. 

495
00:26:39,400 --> 00:26:40,700
No no no. 
They're not allowed there. 

496
00:26:40,700 --> 00:26:43,800
Not not the whole country at no 
no 100 million. 

497
00:26:43,900 --> 00:26:47,200
People that it's okay. 
Anyways Phil, what is the last 

498
00:26:47,200 --> 00:26:49,600
fail? 
All right, let's wrap it up. 

499
00:26:49,600 --> 00:26:52,700
Here we go rights right on the 
heels of showing you and by the 

500
00:26:52,700 --> 00:26:56,500
way, I just wanted to mention 
that I did go and check it is a 

501
00:26:56,500 --> 00:27:00,700
proper Link at times.com where 
you can see that, that article 

502
00:27:00,700 --> 00:27:01,800
covers. 
So it is legit. 

503
00:27:01,800 --> 00:27:03,900
It's not a troll, somebody 
thought it was just a meme. 

504
00:27:04,200 --> 00:27:07,400
Anyways, on the heels of this, 
on the heels of this. 

505
00:27:07,400 --> 00:27:08,900
Here we go. 
Talking about, rug pulls and 

506
00:27:08,900 --> 00:27:11,900
scams unlucky. 
Agave and 100 Finance, defy, 

507
00:27:11,900 --> 00:27:15,000
protocols exploited for Million 
dollars. 

508
00:27:15,400 --> 00:27:18,600
Shout out to Lucky. 
Red fish for tagging Us in this.

509
00:27:18,600 --> 00:27:20,300
That's right, we're all very 
surprised. 

510
00:27:20,300 --> 00:27:24,300
Once again, the attack comes 
within 24 hours of the news, 

511
00:27:24,300 --> 00:27:27,500
breaking of the deuce Finance 
exploit that's right. 

512
00:27:27,500 --> 00:27:29,900
That was a couple of days ago, 
right, 3, million dollars in the

513
00:27:29,900 --> 00:27:33,600
in the deuce Finance, experts. 
It very, very interesting name 

514
00:27:33,600 --> 00:27:34,900
that they called themselves 
Deuce. 

515
00:27:35,100 --> 00:27:36,100
Anyways. 
Alright. 

516
00:27:36,100 --> 00:27:39,100
So the attacker ran, the exploit
continually borrowing against 

517
00:27:39,100 --> 00:27:41,600
the same collateral. 
They were posting until the 

518
00:27:41,600 --> 00:27:43,200
funds were drained from the 
protocol. 

519
00:27:43,200 --> 00:27:45,900
My gosh. 
They drained the liquidity pool.

520
00:27:47,200 --> 00:27:49,200
This is just this is never 
happened. 

521
00:27:49,200 --> 00:27:53,000
We've never seen this anyways. 
She can cold told coin Telegraph

522
00:27:53,000 --> 00:27:57,800
the similarity to a v meant. 
It seems top-tier safe but 

523
00:27:57,800 --> 00:28:02,100
wasn't and that Bray and that 
break of trust hurts. 

524
00:28:02,900 --> 00:28:06,000
It's like you can't even trust 
safe code. 

525
00:28:06,100 --> 00:28:09,500
This code was never safe. 
I mean that's that's that's the 

526
00:28:09,500 --> 00:28:11,900
problem though that you have to 
trust. 

527
00:28:12,200 --> 00:28:16,800
That's the thing that Bitcoin Is
and then these people just like,

528
00:28:17,200 --> 00:28:20,300
anyways, Niko, it's like, looks 
like they're like this 

529
00:28:20,300 --> 00:28:23,100
improvised explosive. 
Device blew up before it was 

530
00:28:23,100 --> 00:28:25,900
supposed to ha. 
Ha ha. 

531
00:28:26,800 --> 00:28:28,700
Exactly. 
Walker 8. 

532
00:28:28,700 --> 00:28:33,700
I mean, it's on the user, right?
Javi was used in an unsafe way. 

533
00:28:33,800 --> 00:28:36,000
Hmm. 
So so, you know, it's on me. 

534
00:28:36,100 --> 00:28:43,400
What was that user wearing? 
It's so sad. 

535
00:28:44,300 --> 00:28:46,400
That's totally PC that joke I 
just met. 

536
00:28:46,400 --> 00:28:49,300
Justin firefighter, I liked it. 
Okay, so here we go. 

537
00:28:49,300 --> 00:28:53,300
So to wrap it up she could also 
didn't point the blame at gnosis

538
00:28:53,300 --> 00:28:56,800
for creating tokens with a 
callback function that the 

539
00:28:56,800 --> 00:29:00,600
hacker exploited saying that the
feature stops users from 

540
00:29:00,600 --> 00:29:03,000
accidentally losing their 
crypto. 

541
00:29:03,000 --> 00:29:05,500
So so I want people to think 
about this. 

542
00:29:05,800 --> 00:29:07,900
Just I want you to think about 
this for a second. 

543
00:29:08,300 --> 00:29:12,500
They made a feature to stop 
people from accidentally losing 

544
00:29:12,500 --> 00:29:18,100
their crypto and the Feature was
exploited to steal 11 million 

545
00:29:18,100 --> 00:29:20,000
dollars and people lost their 
grip. 

546
00:29:20,000 --> 00:29:23,600
I don't even know. 
What do you say to that? 

547
00:29:24,500 --> 00:29:26,500
That makes it's not a bug. 
It's a feature. 

548
00:29:26,600 --> 00:29:35,500
Hey, I just have one thing to 
say you guys have heard me this 

549
00:29:35,500 --> 00:29:38,500
doesn't happen Bitcoin. 
Just stick to bitcoin fix a 

550
00:29:38,500 --> 00:29:42,600
Bitcoin stick to bitcoin the 
unicorns and the fucking. 

551
00:29:42,700 --> 00:29:44,600
What is this Agave? 
Or whatever. 

552
00:29:44,600 --> 00:29:47,300
They just just gonna get rekt. 
Anyways, guys, you have some 

553
00:29:47,700 --> 00:29:50,900
final thoughts before we move on
to the next segment. 

554
00:29:52,200 --> 00:29:54,400
I was, I'm just going to agree 
with you when you say stick to 

555
00:29:54,400 --> 00:29:58,100
bitcoin because like I have like
a lot of different interests. 

556
00:29:58,100 --> 00:30:00,400
But, you know, in a some ways, 
I'm just a lazy girl. 

557
00:30:00,400 --> 00:30:02,900
So, when it comes to, like Ultra
coins, whatever it is, like, I 

558
00:30:02,908 --> 00:30:05,700
don't have the brain space. 
I don't want to like with 

559
00:30:05,700 --> 00:30:06,900
Bitcoin, like that's all I 
learned. 

560
00:30:06,900 --> 00:30:08,500
That's all I do. 
That's all I buy. 

561
00:30:08,500 --> 00:30:10,800
I said it, forget it. 
And that's it because I'm lazy. 

562
00:30:10,900 --> 00:30:13,100
So like, if you're lazy, just in
Bitcoin, don't worry about the 

563
00:30:13,100 --> 00:30:15,000
other shit. 
Yeah, that's true. 

564
00:30:15,100 --> 00:30:17,100
Get your purse and you still 
come out on top. 

565
00:30:17,100 --> 00:30:21,900
I'm sorry, exactly. 
It's like, you have this like 

566
00:30:21,900 --> 00:30:24,300
this. 
Really unique, cheat code. 

567
00:30:25,500 --> 00:30:28,600
All you have to do is I press 
one button Rose doubt. 

568
00:30:28,600 --> 00:30:32,200
It's not, like, up down up down 
a bab, it's like just one button

569
00:30:32,200 --> 00:30:34,100
and it just the Bitcoin button, 
right? 

570
00:30:34,400 --> 00:30:38,000
That's all you do is you just 
press that button and because 

571
00:30:38,100 --> 00:30:41,200
most of the world still hasn't 
wised up to it, this is a cheat 

572
00:30:41,200 --> 00:30:43,100
code right now. 
Yep, it is. 

573
00:30:43,700 --> 00:30:45,700
But you still need the stomach 
for it and that is something 

574
00:30:45,700 --> 00:30:48,900
that, you know, we all have been
through. 

575
00:30:48,900 --> 00:30:52,000
But obviously people who haven't
been to yet, it is still scary. 

576
00:30:52,000 --> 00:30:54,700
So Maybe there's something 
about, like, nursing those times

577
00:30:54,700 --> 00:30:58,600
that will help people. 
You, you have to, we call as you

578
00:30:58,608 --> 00:31:00,100
have to pay the price of 
tuition. 

579
00:31:00,100 --> 00:31:03,100
And this definitely the first 
year, second year that you're 

580
00:31:03,100 --> 00:31:07,000
getting into the space sucks. 
Usually what we recommend on the

581
00:31:07,008 --> 00:31:09,700
show, what we say on the show, 
really takes about three to four

582
00:31:09,700 --> 00:31:11,900
years. 
To start feeling the benefits 

583
00:31:12,100 --> 00:31:14,800
where your look at your 
portfolio and you're like, holy 

584
00:31:14,800 --> 00:31:17,500
crap, I didn't even know that 
was possible, right? 

585
00:31:17,700 --> 00:31:21,000
So yeah, you know, long time 
preference or you know, you 

586
00:31:21,000 --> 00:31:24,000
could try to gamble and yeah, 
rug pull, you know, those are 

587
00:31:24,000 --> 00:31:26,200
your options. 
But anyways, Phil it's time for 

588
00:31:26,200 --> 00:31:30,500
the daily meme review brought to
you by Citadel 21. 

589
00:31:30,500 --> 00:31:34,600
It's the best Bitcoin cultural 
scene, it's stories, articles 

590
00:31:34,600 --> 00:31:37,700
Comics, by actual bitcoiners. 
This is volume 10. 

591
00:31:37,700 --> 00:31:39,700
This is the artwork. 
Every volume as different 

592
00:31:39,700 --> 00:31:43,500
artwork and their scarce. 
There's only 1000 physical 

593
00:31:43,500 --> 00:31:48,000
copies made per volume. 
So get your print of Citadel 21 

594
00:31:48,000 --> 00:31:50,900
today before they run out. 
All right, first being brought 

595
00:31:50,900 --> 00:31:54,600
To Us by a Having Stein. 
All right, check it out, Silicon

596
00:31:54,600 --> 00:31:57,400
Valley, literally anything a 
problem that could only be 

597
00:31:57,400 --> 00:32:00,500
solved by creating a really in 
this is surveillance hellscape. 

598
00:32:00,800 --> 00:32:02,600
It's so true. 
It's so true. 

599
00:32:02,600 --> 00:32:04,100
Alright, moving on, to the next 
one. 

600
00:32:04,600 --> 00:32:07,600
All right, this by saying 
Bitcoin, sometimes guys, we 

601
00:32:07,600 --> 00:32:09,800
review pictures that serve as 
means. 

602
00:32:09,800 --> 00:32:14,300
But anyways, check it out, left 
March 5th 2022, right? 

603
00:32:14,400 --> 00:32:19,300
And the price of those water 
bottles were 339. 

604
00:32:19,400 --> 00:32:22,500
And then a couple months later, 
390, Nine. 

605
00:32:22,500 --> 00:32:25,300
Holy crap. 
But remember the inflation rate 

606
00:32:25,300 --> 00:32:29,900
is only seven point nine percent
and this is water. 

607
00:32:31,100 --> 00:32:34,100
This is water more than anything
else. 

608
00:32:34,500 --> 00:32:37,700
I do Walker you sound like an 
ALT right extremists to be 

609
00:32:37,700 --> 00:32:42,100
honest with. 
I'm sure a radical thought 

610
00:32:42,100 --> 00:32:44,500
extreme you year could. 
You're clearly you've been 

611
00:32:44,500 --> 00:32:45,900
watching Alex Jones? 
Okay? 

612
00:32:45,900 --> 00:32:51,200
Anyways, because spouting about 
Freedom like this dangerous does

613
00:32:51,200 --> 00:32:53,500
he bite? 
Nobody can hurt you. 

614
00:32:53,500 --> 00:32:57,500
In other ways, Republicans have 
never actually decrease the size

615
00:32:57,500 --> 00:33:00,200
of the government. 
Ha ha ha! 

616
00:33:00,900 --> 00:33:04,100
It's so true. 
Amen, to that. 

617
00:33:04,100 --> 00:33:07,200
Amen to that. 
All right, okay, God damn it. 

618
00:33:07,200 --> 00:33:09,200
Phil, okay, Jay, yes, that's 
right. 

619
00:33:09,300 --> 00:33:11,400
Goodbye by this by ghosts of 
Stony. 

620
00:33:11,600 --> 00:33:13,600
What's miners, really getting 
into ArmaLite? 

621
00:33:13,600 --> 00:33:16,700
Rifle game? 
Check out the a rm20, can't wait

622
00:33:16,700 --> 00:33:19,500
to take this bad boy to the 
range and run, some hash and I 

623
00:33:19,500 --> 00:33:23,300
think he's making the guy. 
That came, you know, he makes 

624
00:33:23,300 --> 00:33:27,600
his paper that that war is being
replaced by a sick, Miners and 

625
00:33:27,600 --> 00:33:31,500
plebs are making fun of it and 
filled makes me review these 

626
00:33:31,500 --> 00:33:33,100
memes. 
But anyways, a look at the 

627
00:33:33,100 --> 00:33:35,300
action drama at the end of the 
day. 

628
00:33:35,300 --> 00:33:38,300
It's amazing not gonna lie. 
That is pretty fucking funny. 

629
00:33:38,400 --> 00:33:40,500
Okay. 
Moving on even though I do like 

630
00:33:40,500 --> 00:33:44,300
some of his work. 
Okay so but you still could find

631
00:33:44,300 --> 00:33:49,500
it funny questioning that. 
Anyways next one by the anti 

632
00:33:49,500 --> 00:33:51,700
woke podcast pal. 
We're on track to raise rates 

633
00:33:51,700 --> 00:33:53,100
seven. 
Times in 2022. 

634
00:33:53,100 --> 00:33:56,900
Same energy 15 days to swim. 
It's true. 

635
00:33:57,000 --> 00:33:57,900
It's true. 
All right. 

636
00:33:57,900 --> 00:34:03,300
Next one is by Wall Street, 
Silver live view of the flood 

637
00:34:03,300 --> 00:34:09,600
fighting inflation with 8.25% if
and that's a fucking Wildfire. 

638
00:34:09,800 --> 00:34:12,600
All right, last but not least, 
the legendary video. 

639
00:34:12,699 --> 00:34:15,000
What put these guys on the 
radar? 

640
00:34:15,000 --> 00:34:17,600
We are about to watch it. 
Let's check it out. 

641
00:34:17,600 --> 00:34:20,900
Move over Bitcoin, it's Gold's 
time to shine. 

642
00:34:22,100 --> 00:34:26,500
Ali harmful to mine difficult to
store and even harder to divide.

643
00:34:26,800 --> 00:34:31,000
Rich decadent gold is the best 
money governments can confiscate

644
00:34:31,000 --> 00:34:36,000
and Banks can manipulate thick 
toxic streaks of mercury and 

645
00:34:36,000 --> 00:34:40,199
silky cyanide pollute and caress
ecosystems and developing 

646
00:34:40,199 --> 00:34:43,000
countries. 
But gold is worth the massive 

647
00:34:43,000 --> 00:34:46,699
human and ecological toll 
because you can touch it. 

648
00:34:47,300 --> 00:34:51,199
If you can touch it, it has 
value science. 

649
00:34:51,600 --> 00:34:55,100
That's Bitcoin has no intrinsic 
value Bitcoin. 

650
00:34:55,100 --> 00:34:58,800
Only offers a secure Global 
trustless monetary 

651
00:34:58,800 --> 00:35:01,600
infrastructure to anyone 
anywhere with an internet 

652
00:35:01,600 --> 00:35:05,300
connection, but owning gold 
makes you special. 

653
00:35:05,500 --> 00:35:10,600
So let's go back to the gold 
standard and the typewriter and 

654
00:35:10,600 --> 00:35:14,700
the horse-drawn carriage because
who wants the future of money, 

655
00:35:14,700 --> 00:35:22,500
when you can own a piece of the 
past, because you're old, Okay, 

656
00:35:22,500 --> 00:35:27,400
amazing amazing. 
Top quality, top quality stuff, 

657
00:35:27,600 --> 00:35:31,300
amazing amazing memes. 
And awesome mean video. 

658
00:35:31,500 --> 00:35:34,000
I hope that music wasn't 
copyrighted because that we're 

659
00:35:34,000 --> 00:35:37,200
fucked. 
No, no, I use Creative Commons. 

660
00:35:38,300 --> 00:35:42,500
Okay. 
Okay. 

661
00:35:42,500 --> 00:35:44,300
It's all good. 
Awesome, awesome. 

662
00:35:44,700 --> 00:35:47,400
Yeah, dude, awesome memes. 
And for those awesome memes 

663
00:35:47,500 --> 00:35:50,700
because you said confiscate 
oval, I'm going to give it an 

664
00:35:50,700 --> 00:35:53,300
uncompensated. 
Skateable goodie bag thing. 

665
00:35:53,800 --> 00:35:58,300
This is the ballet actual 
physical barrier, bonds, 

666
00:35:58,300 --> 00:36:00,700
whatever. 
Anyways, you got these with the 

667
00:36:00,700 --> 00:36:03,900
goody bags. 
Focus, focus, focus, there we 

668
00:36:03,900 --> 00:36:05,600
go. 
You guys Phil, what would you 

669
00:36:05,600 --> 00:36:07,600
give those memes? 
Alright. 

670
00:36:07,900 --> 00:36:10,600
Awesome memes. 
I love love the video. 

671
00:36:10,600 --> 00:36:12,800
And actually, the part where, 
right at the beginning, where do

672
00:36:12,808 --> 00:36:15,500
you see the gold kind of it? 
Actually even makes you think 

673
00:36:15,500 --> 00:36:17,400
you can drink it, I'm just 
saying. 

674
00:36:17,400 --> 00:36:20,000
It reminds me of maple syrup. 
Doesn't surprise me doesn't 

675
00:36:20,000 --> 00:36:22,600
surprise anyone, okay? 
I'm giving it a very special 

676
00:36:22,600 --> 00:36:25,900
score. 
It's a very unique Niche sticker

677
00:36:26,000 --> 00:36:30,600
made off of a very popular 
podcasters comments about the 

678
00:36:30,600 --> 00:36:34,500
toxic bitcoiners. 
It is a nerd Castle sticker. 

679
00:36:35,500 --> 00:36:37,900
That's all right. 
To Canto clothes prints. 

680
00:36:37,900 --> 00:36:39,900
Those yep. 
Very good. 

681
00:36:40,300 --> 00:36:42,100
Shout out to crypto cloaks 
anyways. 

682
00:36:42,700 --> 00:36:45,900
Carlin Walker. 
What would you give those memes?

683
00:36:49,100 --> 00:37:06,900
A wiener incredible. 
Amazing, amazing scores. 

684
00:37:07,000 --> 00:37:11,500
I thought I pulled out the big 
guns but we got a burrito, a 

685
00:37:11,500 --> 00:37:14,700
burrito, a wiener. 
I'm on a burrito and a wiener 

686
00:37:14,800 --> 00:37:17,700
and a sticker. 
Wow man, we got a wiener. 

687
00:37:17,700 --> 00:37:22,300
Same thing. 
We gotta played by the crypto 

688
00:37:22,300 --> 00:37:24,300
couple anyways, guys, we want to
know if you agree with their 

689
00:37:24,300 --> 00:37:26,900
scores, you disagree. 
Let us know down in the comment 

690
00:37:26,900 --> 00:37:29,700
section and make sure to 
subscribe to us on alternative 

691
00:37:29,700 --> 00:37:33,100
video platforms like Rumble.com 
and our personal favorite 

692
00:37:33,100 --> 00:37:34,700
Bitcoin TV. 
Calm down sensor. 

693
00:37:34,700 --> 00:37:39,000
There is Bitcoin TV because his 
Bitcoin TV, and of course, make 

694
00:37:39,000 --> 00:37:41,900
sure to join our telegram group 
link has some dank dank Bitcoin 

695
00:37:41,900 --> 00:37:44,100
memes to review. 
But anyways, Phil, it's time for

696
00:37:44,100 --> 00:37:47,000
the Daily News brought to you by
crypto. 

697
00:37:47,000 --> 00:37:50,600
Cloaks.com, they make the best 
3D printed Bitcoin merch. 

698
00:37:50,600 --> 00:37:54,100
Like the famous 3D printed 
Bitcoin, honey, badger right 

699
00:37:54,100 --> 00:37:55,300
there. 
Make this comes in three 

700
00:37:55,300 --> 00:37:57,800
different shapes and sizes, not 
different shapes, just different

701
00:37:57,800 --> 00:38:02,000
sizes, and of course, the all 
the customized customizable 

702
00:38:02,000 --> 00:38:05,400
available Bitcoin. 
Art sculpture grenade Super 

703
00:38:05,400 --> 00:38:08,000
Famous, I'm sure you see around,
you could open up put your 

704
00:38:08,000 --> 00:38:10,500
favorite Hardware wallet in 
there and you can get this in 

705
00:38:10,500 --> 00:38:14,000
any custom color, your heart 
desires like I said before and 

706
00:38:14,000 --> 00:38:16,400
you can take advantage of the 
link down below for 5% off 

707
00:38:16,400 --> 00:38:19,900
crypto cloaks.com. 
All right, ladies and gentlemen,

708
00:38:20,700 --> 00:38:25,400
boys and girls I told you we are
in the then they fight you sage 

709
00:38:25,500 --> 00:38:30,300
and we correctly predicted that 
they were going to use the 

710
00:38:30,300 --> 00:38:34,100
Russia narrative to try to 
attack Bitcoin and That's 

711
00:38:34,200 --> 00:38:38,500
exactly what the f they did. 
Anyways, I'm going to shut up. 

712
00:38:38,500 --> 00:38:42,800
Let's play this video by the our
favorite Bitcoin. 

713
00:38:42,800 --> 00:38:47,600
Enemy Elizabeth Warren. 
Let's see what she has to say. 

714
00:38:47,600 --> 00:38:52,000
And then, we will methodically 
debunk It Anyways, mr. 

715
00:38:52,000 --> 00:38:55,500
Levin, let's consider one of 
Putin's cronies who already has 

716
00:38:55,900 --> 00:38:59,800
a billion or so in crypto that 
he wants to hide from the 

717
00:38:59,800 --> 00:39:03,200
government's that are enforcing 
sanctions on oligarchs. 

718
00:39:03,900 --> 00:39:08,600
Now can this Oleg Arc make it 
harder to trace his money if he 

719
00:39:08,600 --> 00:39:13,000
hops from one blockchain to 
another if he deposits those 

720
00:39:13,000 --> 00:39:16,800
tokens into a couple of wallets 
that don't require him to 

721
00:39:16,800 --> 00:39:21,300
provide identifying information 
and if he uses a mixing service 

722
00:39:21,300 --> 00:39:25,600
that launders his money with 
other people's money, thank you 

723
00:39:25,600 --> 00:39:28,900
Senator. 
So the scenario that you 

724
00:39:28,900 --> 00:39:33,100
described where only God has a 
billion dollars to be able to 

725
00:39:33,100 --> 00:39:37,100
launder Wires significant 
amounts of liquidity, to be able

726
00:39:37,100 --> 00:39:40,900
to obvious Kate that amount of 
money through the use of 

727
00:39:40,900 --> 00:39:43,200
cryptocurrency. 
In fact, there are many times 

728
00:39:43,200 --> 00:39:46,900
we've been able to identify, I'm
sorry, let me just remind you 

729
00:39:46,908 --> 00:39:50,400
what my question was, again, 
what I'm asking is about the 

730
00:39:50,400 --> 00:39:53,900
tools that are available now, 
you may have to break it up into

731
00:39:53,900 --> 00:39:57,000
multiple pieces of who knows 
hundred million dollars at a 

732
00:39:57,000 --> 00:39:59,800
crack. 
But the question I'm asking is 

733
00:40:00,000 --> 00:40:03,800
does hopping from one blockchain
to another does depositing 

734
00:40:03,900 --> 00:40:06,300
Tokens in a couple of wallets 
that don't require them to 

735
00:40:06,300 --> 00:40:09,500
provide identifying information 
and that's using a mixer because

736
00:40:09,500 --> 00:40:13,400
I was only easier for him to 
hide his money. 

737
00:40:13,900 --> 00:40:18,800
So something that question is, 
no, because the chain hopping 

738
00:40:18,800 --> 00:40:23,200
that occurs, you need to 
actually provide the tokens, 

739
00:40:23,200 --> 00:40:25,700
which in a transparent way that 
allows you to move across 

740
00:40:25,700 --> 00:40:27,900
blockchains. 
We've actually got software that

741
00:40:27,900 --> 00:40:30,700
allows you to screen happy. 
Makes it any easier to hide your

742
00:40:30,708 --> 00:40:32,500
money. 
How about depositing tokens in 

743
00:40:32,500 --> 00:40:34,700
wallets? 
The don't require, I She needs 

744
00:40:34,700 --> 00:40:36,500
this. 
You can always split the money 

745
00:40:36,500 --> 00:40:38,900
up into Wallace. 
That don't require would help 

746
00:40:38,900 --> 00:40:40,900
hide the money. 
And how about using them? 

747
00:40:40,900 --> 00:40:44,000
Those that doesn't remove the 
record of, where the money 

748
00:40:44,000 --> 00:40:47,000
actually set the closer house. 
This game is, does it make it 

749
00:40:47,000 --> 00:40:49,900
harder to track the money? 
No, so it doesn't make it hard, 

750
00:40:49,900 --> 00:40:52,700
it's and money because there is 
things service you're telling 

751
00:40:52,700 --> 00:40:54,600
me, does it make it harder to 
launder money? 

752
00:40:54,700 --> 00:40:58,800
The daily liquidity value of 
mixing Services globally as 

753
00:40:58,800 --> 00:41:02,400
about 30 million dollars. 
And so, therefore it would be 

754
00:41:03,800 --> 00:41:07,600
And we have done extensive work 
in tracking large sums of money 

755
00:41:07,600 --> 00:41:11,500
through mixers that have led to 
the arrests of wellbore and the 

756
00:41:11,500 --> 00:41:14,200
disruption of their activity. 
Know, I'm actually surprised by 

757
00:41:14,208 --> 00:41:17,400
your answers since you charge a 
lot of money to untangle and 

758
00:41:17,400 --> 00:41:22,000
track assets through the system.
And the system keeps developing 

759
00:41:22,000 --> 00:41:24,800
more ways to obscure that money 
and that's part of what you 

760
00:41:24,800 --> 00:41:27,100
advertise. 
Okay? 

761
00:41:27,500 --> 00:41:31,100
So she thought she had a home 
run because she had the CEO of 

762
00:41:31,100 --> 00:41:34,200
chain analysis, which by the 
way, we're not fans of Because 

763
00:41:34,200 --> 00:41:38,200
they make their money, analyzing
the chain, analyzing the Bitcoin

764
00:41:38,200 --> 00:41:41,400
blockchain. 
And what she's trying to do, 

765
00:41:41,600 --> 00:41:45,900
which is what we predicted, by 
the way, two weeks ago is you 

766
00:41:45,900 --> 00:41:51,100
hear that if your wallet isn't 
tied to your identity that 

767
00:41:51,100 --> 00:41:56,300
potentially could fund Russia. 
These mixing services are 

768
00:41:56,300 --> 00:41:59,100
dangerous because but wait a 
second. 

769
00:41:59,200 --> 00:42:02,800
And when he started answering 
the way, that didn't fit her 

770
00:42:02,800 --> 00:42:09,400
narrative, Anyways, let's deep, 
let's dig a little bit deeper 

771
00:42:09,400 --> 00:42:12,500
into the bill, but before I want
to do that, you guys know that 

772
00:42:12,500 --> 00:42:15,500
they'll deal. 
We are single-issue voters on 

773
00:42:15,500 --> 00:42:19,000
this show, we will support any 
candidate where their Democratic

774
00:42:19,000 --> 00:42:22,800
Republic Ali as long as they 
stand with the ethos of Bitcoin 

775
00:42:23,200 --> 00:42:26,600
and they support Bitcoin. 
So I'm going to name and these 

776
00:42:26,900 --> 00:42:30,600
Senators by name so that you 
guys remember them. 

777
00:42:31,300 --> 00:42:34,500
Because these are the people 
that are actively attacking self

778
00:42:34,500 --> 00:42:37,100
custody. 
So First Miss Warren, mr. 

779
00:42:37,100 --> 00:42:38,900
Reed mr. 
Warner, mr. 

780
00:42:38,900 --> 00:42:41,300
Tester. 
Mister missus Duckworth 

781
00:42:41,400 --> 00:42:44,700
misstated now miss Wort mr. 
Warnock mr. 

782
00:42:44,700 --> 00:42:46,600
Van Hollen mrs. 
Smith. 

783
00:42:46,700 --> 00:42:49,900
Mrs. Cortez Mastro and mr. 
Menendez. 

784
00:42:50,100 --> 00:42:54,900
All of those representatives are
a currently supporting an attack

785
00:42:54,900 --> 00:42:59,100
on bitcoin. 
So let's debunk this shall we? 

786
00:42:59,600 --> 00:43:03,200
This is a this is a post by coin
Center. 

787
00:43:03,500 --> 00:43:05,200
It says Senator Warren. 
And a raft. 

788
00:43:05,300 --> 00:43:09,100
Of democratic co-sponsors today.
Introduced a bill, which will 

789
00:43:09,100 --> 00:43:10,500
put down the link description 
guys. 

790
00:43:10,500 --> 00:43:12,900
Titled the digital asset 
sanctions compliance and 

791
00:43:12,900 --> 00:43:16,100
enforcement action which would 
Place sleeping restrictions on 

792
00:43:16,100 --> 00:43:19,600
cryptocurrency ecosystem under 
the guise of bolstering 

793
00:43:19,600 --> 00:43:23,300
sanctions against Russia for its
unjustified invasion of Ukraine.

794
00:43:23,600 --> 00:43:27,000
She has done this despite the 
fact that there is no data 

795
00:43:27,000 --> 00:43:30,200
suggesting that cryptocurrency 
has been used or can mean if 

796
00:43:30,200 --> 00:43:33,300
meaningfully be used by 
sanctioned parties to evade 

797
00:43:33,300 --> 00:43:37,400
sanctions despite the fact that 
Outline officials from the White

798
00:43:37,400 --> 00:43:41,200
House Treasury and the 
Department of Justice have all 

799
00:43:41,200 --> 00:43:45,800
stated that cryptocurrency is a 
poor tool for sanction of Asian 

800
00:43:46,000 --> 00:43:48,200
and one they have well under 
control. 

801
00:43:48,600 --> 00:43:52,800
Let's go through those 
statements by other members of 

802
00:43:52,800 --> 00:43:55,300
government. 
This is FBI director, 

803
00:43:55,300 --> 00:43:57,900
Christopher way Ray. 
The Russians ability to 

804
00:43:57,900 --> 00:43:59,100
circumvent. 
The sanctions with 

805
00:43:59,100 --> 00:44:03,100
cryptocurrency is probably 
highly overestimated on the part

806
00:44:03,100 --> 00:44:06,800
of maybe them and others, we We 
are as a community and with our 

807
00:44:06,800 --> 00:44:10,200
partners overseas far more 
effective on that than I think. 

808
00:44:10,200 --> 00:44:13,400
Sometimes they appreciate we 
have built up, significant 

809
00:44:13,400 --> 00:44:17,500
expertise both at the FBI and 
with some of our partners and 

810
00:44:17,500 --> 00:44:20,500
there have been some very 
significant seizures other 

811
00:44:20,500 --> 00:44:23,300
efforts that I think have 
exposed the vulnerability of 

812
00:44:23,300 --> 00:44:26,200
cryptocurrency as a way to get 
around sanctions from the White 

813
00:44:26,200 --> 00:44:28,400
House. 
The scale that the Russian state

814
00:44:28,400 --> 00:44:31,200
would need to successfully 
circumvent all us and partner 

815
00:44:31,200 --> 00:44:34,900
Financial sanctions would almost
certainly render cryptocurrency 

816
00:44:35,000 --> 00:44:38,300
as Ineffective primary tool for 
the state. 

817
00:44:38,500 --> 00:44:40,100
All right. 
Next one from treasury, the 

818
00:44:40,100 --> 00:44:44,300
scale of what they have to move 
and where they have to move 

819
00:44:44,400 --> 00:44:48,300
things from not crypto, not 
necessarily going to be. 

820
00:44:48,300 --> 00:44:50,500
That concerning said Todd 
conqueror. 

821
00:44:50,800 --> 00:44:54,300
Counselor to the deputy treasury
secretary, any attempt to move 

822
00:44:54,300 --> 00:44:56,700
that much money through 
exchanges which contributed to a

823
00:44:56,700 --> 00:45:01,300
bit more of a spike in the 
crypto Market and my view then 

824
00:45:01,300 --> 00:45:05,100
has been observed lately. 
Nonetheless the bill would place

825
00:45:05,500 --> 00:45:09,400
Sweeping restrictions on persons
who build operate and use 

826
00:45:09,400 --> 00:45:12,700
cryptocurrency networks. 
Even if they have no knowledge 

827
00:45:12,700 --> 00:45:17,300
or intent to help anyone evade 
sanctions, he calls for 

828
00:45:17,300 --> 00:45:20,900
sanctioning technologists, and 
users, merely for the act of 

829
00:45:20,900 --> 00:45:24,700
publishing open source, software
facilitating, communication 

830
00:45:24,900 --> 00:45:27,300
among Network. 
Participants, this is 

831
00:45:27,300 --> 00:45:30,000
unnecessary overboard and 
unconstitutional. 

832
00:45:30,100 --> 00:45:32,500
But wait, there's more check 
this out. 

833
00:45:32,500 --> 00:45:35,100
This is from the actual treasury
themselves. 

834
00:45:35,300 --> 00:45:37,800
The use of virtual assets for 
money, laundering remains far 

835
00:45:37,800 --> 00:45:42,100
below that of fiat, currency and
more traditional methods. 

836
00:45:42,500 --> 00:45:46,400
Terrorists, use a virtual assets
appears to remain limited when 

837
00:45:46,400 --> 00:45:48,900
compared to other Financial 
products and services. 

838
00:45:49,200 --> 00:45:53,400
There is no evidence that a 
proliferation network has used a

839
00:45:53,400 --> 00:45:58,000
virtual asset to procure, a 
specific per proliferation 

840
00:45:58,000 --> 00:46:05,900
sensitive good or technology. 
So this this video, this attempt

841
00:46:05,900 --> 00:46:11,700
this fucking bill is an attempt 
to kill Bitcoin to go. 

842
00:46:11,700 --> 00:46:15,100
After developers to kill the 
anonymity of Bitcoin. 

843
00:46:16,200 --> 00:46:19,800
To use Ted Cruz's own words 
because Elizabeth Warren can't 

844
00:46:19,800 --> 00:46:23,500
control it by the way. 
That is also why China? 

845
00:46:25,000 --> 00:46:31,600
Recently, banned Bitcoin. 
Because they can't control it 

846
00:46:31,600 --> 00:46:36,700
which is the exact same reason, 
Elizabeth Warren hates Bitcoin. 

847
00:46:38,000 --> 00:46:41,400
The Chinese Communists and 
Elizabeth war and they both want

848
00:46:41,400 --> 00:46:46,400
to control you, your assets, 
your savings, your speech, your 

849
00:46:46,400 --> 00:46:50,800
life, your children, every 
decision they want to control. 

850
00:46:50,800 --> 00:46:54,000
And so we need to break up. 
The means of controlling. 

851
00:46:54,000 --> 00:46:58,000
The citizenry says nothing to do
with evading sanctions because 

852
00:46:58,200 --> 00:47:01,000
Elizabeth, Warren knows all of 
this. 

853
00:47:01,000 --> 00:47:02,400
She knows all of those 
statements. 

854
00:47:02,400 --> 00:47:06,000
She's not dumb. 
But she's taking advantage of 

855
00:47:06,000 --> 00:47:11,000
the situation in Russia. 
To try to play on people's 

856
00:47:11,000 --> 00:47:16,600
emotions to pass something that 
is helping millions and millions

857
00:47:16,600 --> 00:47:18,800
and millions. 
If not billions of people around

858
00:47:18,800 --> 00:47:23,600
the world, own private property 
without the fear of confiscation

859
00:47:23,600 --> 00:47:27,900
or debasement for the first time
in human history and Elizabeth 

860
00:47:27,900 --> 00:47:32,600
Warren is against that. 
Elizabeth Warren is anti-human. 

861
00:47:32,600 --> 00:47:35,700
That's what she is. 
And she hurt. 

862
00:47:35,700 --> 00:47:39,500
She said, multiple times in that
video she was Being self 

863
00:47:39,500 --> 00:47:43,400
custody, she wants self custody 
be to be tied to an ID. 

864
00:47:43,900 --> 00:47:46,000
Why? 
Because they can control that 

865
00:47:46,600 --> 00:47:48,500
anyways. 
Moving on, before I shut up, I 

866
00:47:48,500 --> 00:47:51,100
know it has been a long segment 
but this is very fucking 

867
00:47:51,100 --> 00:47:53,400
important. 
This is implications of 

868
00:47:53,400 --> 00:47:58,900
outlawing Bitcoin by Gigi and 
what are those implications and 

869
00:47:58,900 --> 00:48:02,300
right and mind you this was 
really this was written in 2001,

870
00:48:02,300 --> 00:48:04,300
right? 
And light of recent comments by 

871
00:48:04,300 --> 00:48:07,600
legislators and politicians, we 
must not forget what Bitcoin 

872
00:48:07,600 --> 00:48:09,900
does and how it does it. 
It does what it does. 

873
00:48:10,100 --> 00:48:12,400
Bitcoin is text Bitcoin is 
speech. 

874
00:48:12,600 --> 00:48:17,000
Bitcoin is math Bitcoin has no 
jurisdiction just like two plus 

875
00:48:17,000 --> 00:48:19,400
two equals. 
No George has no jurisdiction. 

876
00:48:19,400 --> 00:48:20,600
Bitcoin knows. 
No borders. 

877
00:48:20,800 --> 00:48:23,600
Bitcoin is everywhere and 
nowhere and if using secure 

878
00:48:23,600 --> 00:48:26,500
properly Bitcoin is as 
confiscated balazs a thought, no

879
00:48:26,500 --> 00:48:30,300
amount of legalese and otherwise
complicated language will change

880
00:48:30,300 --> 00:48:33,500
these facts using Bitcoin does 
not require any special 

881
00:48:33,500 --> 00:48:35,300
equipment. 
We use software, specialized 

882
00:48:35,300 --> 00:48:38,300
Hardware, to use Bitcoin more 
efficiently and in a more secure

883
00:48:38,300 --> 00:48:40,200
manner. 
But in Theory, Bitcoin could be 

884
00:48:40,200 --> 00:48:43,700
run on paper, the following 
statements are and will always 

885
00:48:43,700 --> 00:48:45,500
be true. 
You can create a private Key by 

886
00:48:45,500 --> 00:48:47,900
flipping a coin, holding a 
private key allows you to 

887
00:48:47,900 --> 00:48:50,400
receive SATs and create 
transactions, creating a 

888
00:48:50,408 --> 00:48:53,200
transaction as math. 
Sending a transaction is sending

889
00:48:53,200 --> 00:48:55,000
a message. 
Mining Bitcoin is guessing a 

890
00:48:55,000 --> 00:48:57,100
number. 
Everything had Bitcoin is 

891
00:48:57,100 --> 00:49:00,900
information. 
A wallet is nothing special. 

892
00:49:00,900 --> 00:49:04,300
It could be it could be just 
some words in your head you 

893
00:49:04,300 --> 00:49:06,500
don't need to you don't need 
specialized equipment to 

894
00:49:06,500 --> 00:49:08,800
generate secure wallet a coin or
some die. 

895
00:49:08,900 --> 00:49:12,500
This is all you need. 
If you want to Outlaw an animus 

896
00:49:12,500 --> 00:49:15,100
Wallace, which is what Elizabeth
Warren was referring to, he will

897
00:49:15,100 --> 00:49:18,700
have to Outlaw this activity, 
along with all other activities,

898
00:49:18,700 --> 00:49:21,900
to create random numbers, 
rolling dice, drawing cards, 

899
00:49:21,900 --> 00:49:24,900
measuring Optical and 
Atmospheric turbulence has. 

900
00:49:25,000 --> 00:49:29,400
And so on, remember remember 
this information the this 

901
00:49:29,400 --> 00:49:33,700
256-bit number is all you need 
to interact with the Bitcoin 

902
00:49:33,700 --> 00:49:36,300
Network. 
You do not need an ID or 

903
00:49:36,300 --> 00:49:40,200
passport or utility bill or 
proof of See, you do not need to

904
00:49:40,200 --> 00:49:42,200
be human. 
If you are in control of a 

905
00:49:42,200 --> 00:49:44,900
Bitcoin private key, you can 
send and receive transactions. 

906
00:49:45,200 --> 00:49:47,300
If you want to understand 
Bitcoin, you will have to 

907
00:49:47,300 --> 00:49:49,900
understand that. 
A wallet can be created, 

908
00:49:49,900 --> 00:49:55,200
flipping a coin, 256 times, you 
can't ban Bitcoin because it's 

909
00:49:55,200 --> 00:49:57,400
speech. 
And what is the First Amendment 

910
00:49:57,400 --> 00:50:00,600
of the US for freedom of what 
speech? 

911
00:50:00,700 --> 00:50:02,900
Elizabeth Warren doesn't give a 
shit about that. 

912
00:50:02,900 --> 00:50:05,100
And I think, I think hot in this
is the last thing I'm going to 

913
00:50:05,108 --> 00:50:08,300
read before I shut the fuck up, 
Hot or Not describes it 

914
00:50:08,300 --> 00:50:12,100
perfectly. 
Lee yryr, Elizabeth Warren 

915
00:50:12,100 --> 00:50:15,400
panties in a bunch Bitcoin, 
makes cheating and manipulation 

916
00:50:15,400 --> 00:50:17,400
and possible on the base 
incentive layer. 

917
00:50:17,600 --> 00:50:21,400
It is a cataclysmic event for 
politicians. 

918
00:50:21,400 --> 00:50:24,700
This is something like Ted Cruz 
said, which I play a clip of 

919
00:50:24,700 --> 00:50:26,400
tomorrow. 
When you guys see the video, 

920
00:50:27,000 --> 00:50:30,500
something that she cannot 
control and tyrants on. 

921
00:50:30,500 --> 00:50:35,200
Both sides are short circuiting 
at the fact that millions of 

922
00:50:35,200 --> 00:50:38,700
people could use money without 
their hands. 

923
00:50:39,300 --> 00:50:43,100
Getting our hands on that money,
people could transact freely. 

924
00:50:43,800 --> 00:50:46,600
So the Democratic party, and 
again, we're a political on the 

925
00:50:46,600 --> 00:50:48,900
show is supposed to represent 
the underdog. 

926
00:50:49,200 --> 00:50:51,400
You know, who is most heard 
about inflation. 

927
00:50:51,800 --> 00:50:55,500
Elizabeth Warren, lower and 
lower middle class people that 

928
00:50:55,500 --> 00:50:58,700
don't have the wealth to save 
and assets and real estate. 

929
00:50:59,900 --> 00:51:04,600
So if you're against Bitcoin, 
you are directly attacking your 

930
00:51:04,600 --> 00:51:09,600
suppose voter base and you're 
directly attacking Millions upon

931
00:51:09,600 --> 00:51:13,300
Millions around people around 
the world that they don't have 

932
00:51:13,300 --> 00:51:15,800
sister they don't have Legacy 
systems like Cuba like 

933
00:51:15,800 --> 00:51:18,900
Afghanistan like the Ukraine, 
they're receiving money from 

934
00:51:18,900 --> 00:51:21,700
overseas through their sit 
through your system, they can't 

935
00:51:21,700 --> 00:51:24,000
do that. 
So that's what your fucking 

936
00:51:24,000 --> 00:51:28,200
attacking Elizabeth warrant. 
You're an anti-human corrupt 

937
00:51:28,200 --> 00:51:31,300
psychopath. 
That's You are you have to be 

938
00:51:31,300 --> 00:51:33,300
called out for it. 
Anyways, I know there's a long 

939
00:51:33,300 --> 00:51:35,600
segment but I had to get it all 
on the table. 

940
00:51:36,300 --> 00:51:37,700
Phil, what are your thoughts on 
this? 

941
00:51:38,000 --> 00:51:39,900
I was on mute. 
It was beautifully done, man. 

942
00:51:39,900 --> 00:51:43,500
That was absolutely fantastic. 
I just want to point out 

943
00:51:43,500 --> 00:51:47,100
watching watching, Elizabeth 
Warren, not get her way during 

944
00:51:47,100 --> 00:51:52,100
that interview was, sorry. 
During that that questioning 

945
00:51:52,100 --> 00:51:55,300
period was absolutely fantastic.
Okay? 

946
00:51:55,400 --> 00:51:58,000
Like that was amazing and you 
could see that she was 

947
00:51:58,000 --> 00:52:02,200
absolutely hating how He was 
responding which is why she kept

948
00:52:02,300 --> 00:52:06,800
attempting to cut him off and 
dig deeper into the Nuance 

949
00:52:07,000 --> 00:52:08,200
because this is what happens. 
Okay? 

950
00:52:08,200 --> 00:52:11,000
This is what I've noticed by 
some of like the smartest people

951
00:52:11,000 --> 00:52:13,500
that I've ever watched argue, 
okay? 

952
00:52:14,000 --> 00:52:17,500
What happens is that if they're 
point isn't actually right, 

953
00:52:17,500 --> 00:52:20,200
right, if they just want to be 
right, but what they're saying 

954
00:52:20,200 --> 00:52:24,600
isn't entirely accurate, they 
use the intelligence to lose you

955
00:52:24,600 --> 00:52:26,700
in the Nuance because it's some 
point. 

956
00:52:26,800 --> 00:52:29,000
They're going to get you deep 
enough in the weeds that you 

957
00:52:29,000 --> 00:52:31,100
could. 
Me with something that they say 

958
00:52:31,200 --> 00:52:34,200
that somehow they're going to 
report back to what they started

959
00:52:34,200 --> 00:52:36,800
with. 
So anyways, the other piece to 

960
00:52:36,800 --> 00:52:42,200
this is I don't understand how 
she reconciles, you know, being 

961
00:52:42,200 --> 00:52:46,700
somebody that talks about, you 
know, you know, community help 

962
00:52:46,700 --> 00:52:49,100
and Outreach and rights and all 
this stuff. 

963
00:52:49,100 --> 00:52:52,900
How you reconcile that with 
being completely against 

964
00:52:52,900 --> 00:52:56,800
personal freedom, like I don't 
see how she doesn't see that 

965
00:52:57,100 --> 00:53:01,700
because it's not a dude. 
That's the things it's never 

966
00:53:01,700 --> 00:53:05,400
been about sanctioning Russia 
that you know. 

967
00:53:05,400 --> 00:53:09,200
Sorry it was all laid out there.
It's not being used for that. 

968
00:53:09,200 --> 00:53:14,400
This is an attempt to capitalize
on a horrible crisis to try to 

969
00:53:14,400 --> 00:53:18,600
go after Bitcoin and I suspected
this was exactly what was going 

970
00:53:18,600 --> 00:53:20,300
to happen. 
Phil remember when those 

971
00:53:20,300 --> 00:53:23,300
articles first started coming 
out and like a week or before 

972
00:53:23,300 --> 00:53:26,700
the Ukraine thing I'm like dude 
they're going to use this to try

973
00:53:26,700 --> 00:53:29,200
to attack Bitcoin. 
Here's the attack. 

974
00:53:30,000 --> 00:53:33,700
Out of all people that the head 
of chain analysis was the one 

975
00:53:33,700 --> 00:53:36,300
that made her look like a 
complete fool. 

976
00:53:36,500 --> 00:53:39,600
Anyways, Carla, Carla and 
Walker. 

977
00:53:39,600 --> 00:53:41,800
What are your thoughts on this 
shabak? 

978
00:53:41,800 --> 00:53:45,800
Oh well on the one hand, I 
totally see how it's about 

979
00:53:45,800 --> 00:53:50,000
Bitcoin but I also see it as 
potentially just being about 

980
00:53:50,100 --> 00:53:54,100
personal freedom and privacy 
because I feel like the US 

981
00:53:54,100 --> 00:53:58,200
government will use any sort of 
attack and capitalize that on 

982
00:53:58,200 --> 00:54:00,800
that to remove our freedoms. 
Arliss of it, the evidence 

983
00:54:00,800 --> 00:54:04,900
against it, judging by how a lot
of the procedures in travel, and

984
00:54:04,900 --> 00:54:06,900
a lot of other things still are 
executed today. 

985
00:54:07,400 --> 00:54:09,800
So, Bitcoin is definitely large 
part of it, but I think like, 

986
00:54:09,800 --> 00:54:12,400
any thought of personal 
sovereignty has become so 

987
00:54:12,400 --> 00:54:14,900
threatening to the government, 
which is just so wrong because 

988
00:54:14,900 --> 00:54:16,900
they don't give us our rights by
they're supposed to defend our 

989
00:54:16,908 --> 00:54:19,800
rights. 
So the fact that us, having some

990
00:54:20,300 --> 00:54:22,600
having our freedoms is 
threatening to the point where 

991
00:54:22,600 --> 00:54:25,400
they will demonize Bitcoin, they
will demonize anything that 

992
00:54:25,400 --> 00:54:29,900
helps people is really, really 
concerning and I that's We do 

993
00:54:29,900 --> 00:54:32,700
what we do is because we're 
trying to through humor to get 

994
00:54:32,700 --> 00:54:34,900
people to just ask the right 
questions to realize these 

995
00:54:34,900 --> 00:54:37,400
things because it is obvious 
that is staring you in the face 

996
00:54:37,400 --> 00:54:41,100
but people aren't necessarily 
listening to the voices that are

997
00:54:41,100 --> 00:54:43,300
saying it because it's boring. 
So we're gonna try to make a 

998
00:54:43,308 --> 00:54:45,300
little fun. 
Am I allowed to swear in here 

999
00:54:45,400 --> 00:54:49,700
Caillou absolutely our 
politicians don't give a flying 

1000
00:54:49,700 --> 00:54:54,100
motherfuck about sanctions about
money laundering or any of this.

1001
00:54:54,400 --> 00:54:58,700
If they did every major Bank in 
the world would be shut down and

1002
00:54:58,700 --> 00:55:02,400
leave in. 
When T1 alone, what 15 billion 

1003
00:55:02,400 --> 00:55:07,300
dollars in fines was paid 
fifteen billion in fines was 

1004
00:55:07,300 --> 00:55:10,100
paid, don't call me an exact 
number but it's close by the 

1005
00:55:10,100 --> 00:55:13,600
major banks around the world for
money, laundering, and 

1006
00:55:13,600 --> 00:55:16,900
anti-terror young terrorist 
financing by the biggest banks 

1007
00:55:16,900 --> 00:55:20,500
in the world, and she got hit 
with 15 billion in fines. 

1008
00:55:20,500 --> 00:55:22,300
How much money do you think they
longer? 

1009
00:55:22,700 --> 00:55:25,400
You have to assume 10 times that
at a minimum right? 

1010
00:55:25,700 --> 00:55:28,000
In terms of the level of Levi of
the fine? 

1011
00:55:28,600 --> 00:55:32,300
The point is that the She's 
don't give a mother fuck about 

1012
00:55:32,300 --> 00:55:33,800
what people are doing. 
It illegally. 

1013
00:55:33,800 --> 00:55:36,000
They give a shit about 
controlling their citizens their

1014
00:55:36,000 --> 00:55:38,600
constituents. 
What do you do with your $600? 

1015
00:55:38,700 --> 00:55:42,000
Yes, Elizabeth Warren. 
I think the strange thing is, I 

1016
00:55:42,000 --> 00:55:43,400
agree with her on certain 
things. 

1017
00:55:43,400 --> 00:55:45,100
I don't think she's wrong about 
everything. 

1018
00:55:45,100 --> 00:55:47,600
She's not an idiot. 
She clearly knows what she's 

1019
00:55:47,600 --> 00:55:51,900
talking about about many things.
She's very, very vocal about not

1020
00:55:51,900 --> 00:55:54,800
wanting people to be trading 
stocks in Congress, right? 

1021
00:55:54,800 --> 00:55:57,500
I support that too. 
Yeah, just buy Bitcoin and said 

1022
00:55:57,500 --> 00:55:59,400
that's just a currency. 
That's all good. 

1023
00:55:59,500 --> 00:56:02,100
Good. 
But she's very vocal about that.

1024
00:56:02,100 --> 00:56:07,100
She's been vocal about Bitcoin 
and crypto for a long time. 

1025
00:56:07,100 --> 00:56:10,200
This is just her new attack 
Vector into this space. 

1026
00:56:10,600 --> 00:56:13,700
This is the new shiny thing that
came about where instead of, you

1027
00:56:13,700 --> 00:56:16,600
know, I mean, how long before 
Elizabeth Warren blames 

1028
00:56:16,600 --> 00:56:19,500
inflation on bitcoin, like I'm 
saying have Weevil. 

1029
00:56:19,700 --> 00:56:24,300
Yes I mean it's going to happen.
I think you know it's coming and

1030
00:56:24,300 --> 00:56:26,600
again this is why we like to 
zoom out on this show. 

1031
00:56:26,600 --> 00:56:28,900
We don't we're not a speculation
show, right? 

1032
00:56:29,600 --> 00:56:32,700
Is about the separation of money
and state, right? 

1033
00:56:32,700 --> 00:56:36,900
And I think Elizabeth Warren is 
one of those few politicians 

1034
00:56:36,900 --> 00:56:39,900
that are understanding that her 
livelihood. 

1035
00:56:39,900 --> 00:56:43,300
Her racket her ability to take 
advantage of the money. 

1036
00:56:43,300 --> 00:56:47,200
Spicket is literally 
disappearing in front of her 

1037
00:56:47,200 --> 00:56:51,300
eyes because people are choosing
to use an alternative system, 

1038
00:56:51,500 --> 00:56:54,500
right? 
So that is what, Isis, there's 

1039
00:56:54,500 --> 00:56:56,700
no other conclusion, you can get
to that. 

1040
00:56:56,700 --> 00:56:58,500
Elizabeth Warren knows, the 
White House. 

1041
00:56:58,500 --> 00:57:02,100
Doesn't agree that treachery the
FBI, none of them doesn't 

1042
00:57:02,100 --> 00:57:05,500
matter, but she still use that 
rhetoric to a try to attack it. 

1043
00:57:05,700 --> 00:57:09,100
What is that, what is that? 
But but not being able to come 

1044
00:57:09,100 --> 00:57:12,600
to terms with the fact that she 
can't control the way that 

1045
00:57:12,600 --> 00:57:16,100
people use money. 
I think you are so spot-on with 

1046
00:57:16,100 --> 00:57:18,900
that because what is this? 
Pushback that we see from the 

1047
00:57:18,900 --> 00:57:24,000
status from the elites, it is a 
rejection of the fact that in 

1048
00:57:24,000 --> 00:57:28,500
the current, okay? 
So for forever money will buy 

1049
00:57:28,500 --> 00:57:30,300
Power. 
This is a fact. 

1050
00:57:30,300 --> 00:57:32,500
It doesn't matter if it's 
Bitcoin or Fiat, money will 

1051
00:57:32,500 --> 00:57:35,000
always buy Power. 
That's how it works. 

1052
00:57:35,000 --> 00:57:37,400
Because money is time and energy
put into a form that can be 

1053
00:57:37,400 --> 00:57:41,600
traded, right? 
But Bitcoin for the first time 

1054
00:57:41,900 --> 00:57:45,400
does not allow your power to buy
you money. 

1055
00:57:45,900 --> 00:57:50,900
In our current Fiat system 
proximity to power proximity to 

1056
00:57:50,900 --> 00:57:55,000
power enables you to benefit 
from the monetary system that 

1057
00:57:55,000 --> 00:57:59,100
exists. 
This is the problem may only 

1058
00:57:59,100 --> 00:58:02,700
take again, nothing Bitcoin, 
nothing will ever change. 

1059
00:58:02,700 --> 00:58:05,000
The fact that if you have a lot 
of money, you're going to be 

1060
00:58:05,000 --> 00:58:06,700
powerful. 
That's just that. 

1061
00:58:06,700 --> 00:58:09,200
That is a fact. 
You have the most amount of 

1062
00:58:09,200 --> 00:58:12,400
resources that you can deploy in
discretionary ways. 

1063
00:58:13,100 --> 00:58:17,700
But but at least with Bitcoin, 
your proximity to power, no 

1064
00:58:17,700 --> 00:58:21,400
longer buys you favor in a 
monetary set is and that is so 

1065
00:58:21,400 --> 00:58:23,700
important. 
I think that Elizabeth Warren is

1066
00:58:23,700 --> 00:58:26,900
making a massive political 
Malaysian here. 

1067
00:58:27,100 --> 00:58:29,800
I think it's I mean, it's the 
same as what China and I don't 

1068
00:58:29,800 --> 00:58:32,300
think that support for it on. 
A China has made a mass like 

1069
00:58:32,300 --> 00:58:35,600
miscalculations our side. 
The thing that may actually save

1070
00:58:35,600 --> 00:58:38,100
the u.s. from being completely 
fucking obliterated. 

1071
00:58:38,100 --> 00:58:40,800
By China is the fact that China 
is so anti Bitcoin. 

1072
00:58:42,500 --> 00:58:46,100
I've been, I think it's going to
like really, really come in and 

1073
00:58:46,300 --> 00:58:48,500
shape a new American 
Renaissance. 

1074
00:58:48,500 --> 00:58:52,100
I really believe that I think 
that China thought that they 

1075
00:58:52,100 --> 00:58:55,800
were going to, you know, have 
this, you know, they, they they,

1076
00:58:56,000 --> 00:58:59,000
they the First time they showed 
off their scent, their CBD, sea 

1077
00:58:59,000 --> 00:59:01,600
to the West Was during the 
Olympics that wasn't a 

1078
00:59:01,600 --> 00:59:06,000
coincidence, right? 
So like, yeah, I agree, but I 

1079
00:59:06,000 --> 00:59:09,000
think that, you know, and I've 
always said this and people lot 

1080
00:59:09,000 --> 00:59:11,200
smarter than me in Bitcoin have 
said, this as well as that 

1081
00:59:11,200 --> 00:59:15,600
Bitcoins unintended feature is 
exposing tyrants, right. 

1082
00:59:15,600 --> 00:59:18,800
And I think that, you know, the 
Chinese Communist party has 

1083
00:59:18,800 --> 00:59:22,000
their way Elizabeth Warren. 
Yeah, I can't come to any 

1084
00:59:22,000 --> 00:59:23,700
conclusion. 
I can't come to. 

1085
00:59:23,700 --> 00:59:26,600
Another conclusion of the fact 
that she can't stand And the 

1086
00:59:26,600 --> 00:59:28,900
fact that she can't control 
this, right? 

1087
00:59:28,900 --> 00:59:31,700
So but anyways, Phil there was 
an open source software released

1088
00:59:31,700 --> 00:59:33,000
today. 
Why do you tell everybody about 

1089
00:59:33,000 --> 00:59:36,900
it software releases? 
Brought to you by Cipher safe? 

1090
00:59:36,900 --> 00:59:39,300
Check them out. 
Cipher safe dot IO, it's the 

1091
00:59:39,300 --> 00:59:43,700
best place to store your Bitcoin
seed store, your seed in the 

1092
00:59:43,700 --> 00:59:47,600
Cipher wheel or the all new 
Cipher grid. 

1093
00:59:48,000 --> 00:59:52,100
Both come with tamper-resistant 
wire and the cipher grid comes 

1094
00:59:52,100 --> 00:59:54,800
with a punch tool. 
All right, we've got electrum 

1095
00:59:54,800 --> 00:59:59,900
version. 2.0 that was released 
its Down Below in the show 

1096
00:59:59,900 --> 01:00:02,600
notes, guys, don't forget to 
check us out. 

1097
01:00:02,600 --> 01:00:06,600
On our Audio. 
Only platforms Apple, podcasts 

1098
01:00:06,600 --> 01:00:10,300
Spotify, and anchor, and if you 
want to stream us SATs, check us

1099
01:00:10,300 --> 01:00:12,700
out on anchor FM. 
Awesome. 

1100
01:00:12,800 --> 01:00:16,300
Sorry on Fountain dot f m--. 
Awesome. 

1101
01:00:16,300 --> 01:00:18,000
Thank you so. 
All right guys, before we go I'm

1102
01:00:18,008 --> 01:00:20,700
going to give a very special 
shout-out to our thread sponsor 

1103
01:00:20,800 --> 01:00:24,600
rep heart.com, Phil and I wear 
the hoodies everyday and you can

1104
01:00:24,600 --> 01:00:26,200
take advantage of the link down 
below. 

1105
01:00:26,400 --> 01:00:28,700
For 10% off. 
Anything off the rep. 

1106
01:00:28,700 --> 01:00:31,600
Are.com store. 
Definitely go check it out. 

1107
01:00:31,600 --> 01:00:35,300
I also want to give a very 
special guest to the awesome and

1108
01:00:35,300 --> 01:00:38,600
wonderful crypto, couple, you 
can go give him a follow on 

1109
01:00:38,600 --> 01:00:41,700
Twitter and definitely go check 
out all their content on 

1110
01:00:41,700 --> 01:00:45,000
Tick-Tock on Twitter on 
Instagram on YouTube. 

1111
01:00:45,000 --> 01:00:47,500
We will put all of that down to 
link description, guys. 

1112
01:00:47,500 --> 01:00:49,600
That was our show. 
If you enjoyed the show, smash 

1113
01:00:49,600 --> 01:00:51,500
that like button. 
Smash It smash it. 

1114
01:00:51,600 --> 01:00:53,300
Of course, if you want to 
continue hearing the Bitcoin, 

1115
01:00:53,300 --> 01:00:55,300
use from the Polly Platt 
perspective and the 

1116
01:00:55,300 --> 01:00:59,000
catastrophic, Tales from the 
world economic forum and their 

1117
01:00:59,000 --> 01:01:01,400
friends at aetherium. 
Definitely consider subscribing 

1118
01:01:01,400 --> 01:01:04,800
to Simply Bitcoin and we'll see 
you on Monday guys for Betty 

1119
01:01:04,800 --> 01:01:08,700
episode to quote our awesome 
guests Bitcoin doesn't allow us 

1120
01:01:08,700 --> 01:01:10,500
to buy money with power.