I don't believe since we shall never never good money against
before we take something out of the hands of governments.
Welcome back everyone. We're simply Bitcoin.
We break down the news. The daily fail me review,
software releases Hardware releases and the websites by
plebs. All right, Nico were diving into
the numbers. Let's do it.
Brought to you by Bitcoin 2022. It's gonna be the largest
Bitcoin conference ever hosted in sunny sunny, Miami Beach,
Florida. Florida, April, 6th and 9th.
Jordan Pederson was just announced as a speaker.
We also have my name bouquet lay, Michael sailor, say 15,
Jack mahler's, Senator Cynthia lummis, absolutely crazy lineup.
And we have DJ's playing on the last day like Deadmau5 and Steve
Aoki and you can take advantage of Link down below for 10% off
your tickets to bitcoin 2022. At the time of this recording
the block, itís, 725,000 335 the Bitcoin price, 40 1700 chain.
Right day. 711 total public lightning capacity. 3440 6.35,
Moscow time. 2398, are we still allowed to say, Moscow, time?
It doesn't matter. Anyways, 2398 blocks to The
Happening 114,000 665, and the samurai Whirlpool unspent
capacity. That's right, that is a coin
join or collaborative spend service.
The unspent capacity on Samurai Whirlpool is 4390 4.15.
In btc-e, nice. Very nice, the numbers.
The numbers, dude. So, man, it was a too soon for
that for that for the Moscow, joke.
I don't know. I don't know.
I just, you know, I saw yesterday on Twitter.
Somebody made a comment about it.
I was thinking, I'm like, oh, you know what?
I'm like, maybe we need to know. We're not changing that.
Maybe. Okay, so Phil check this out.
I was gonna go through some hope IAM numbers today glass, no
numbers. Look phenomenal.
However, We got a comment and it really bums me out.
I'm going to pop it up for you guys, but it basically says, so
you guys have been become a right-wing Bitcoin promoting
Channel. Whoa, so much for being pull it
a political, thanks for all the info and encouragement and
Bitcoin. But my respect for your a
political platform is gone, very strong comment.
Now I wanted to address it what we wanted to address it Phil and
I spoke about this before we started recording.
Okay? So I'm assuming you're
responding to the psaki Comments that we made yesterday.
Okay, so let's get something straight.
Okay, the environmental attacks on bitcoin aren't coming from
the right side. They're coming from the left
hand side. Step one, step two, is the
political attacks on bitcoin. The majority of them are also
coming from the left hand side. They are not coming from the
right hand side. So again like we've always said
on the show we are a Political in the sense that listen if
there's a democratic you know, in the United States if there's
a left-wing politician that supports Bitcoin and supports
Bitcoins ideals, then we will support them.
We don't care about political parties in the traditional
sense. But again like I said in the
episode on Sunday, I'm starting to pick up a pattern and the
pattern is freakin obvious and if you still don't believe me, I
brought some receipts check out this website.
It's called. Do they support crypto, right?
And it goes through Pro crypto Senators, Senators against
crypto, right? And it goes through all their
stances, right? And look, again, like I said,
guys, there's a pattern right Senators against Oregon.
Democrat Ohio Democrat, Rhode Island.
Democrat Massachusetts. Democrats Pro Senators, Wyoming
Republican, Texas, Republican, but Sylvania, Republican, Texas
Republican. Now, High also said, it's not
Black and white right there is some crossover Ron Wyden, organ
Democrat. Rick Scott.
U.s. Senator Florida Republican.
So there is cross over. But V, initial point that I
said, is, I'm starting to pick up a pattern and that pattern
shows right here. It speaks for itself.
The majority of senators that are against Bitcoin and shit,
coin are on the Democratic side. The left hand side, the pro
Bitcoin and shit. Coin Senators on the Republican
side, the right hand side and that's just a fact and this
website lays it out and look. So, let's go to the Santa's
since Cynthia lummis, has the most 60 stances, right?
We know who should we know Ted Cruz is super pro.
Let's go to Elizabeth Warren, 17.
She's talking about it a lot. We have to think hard about how
new technology affects our climate Bitcoins.
Energy use has more than tripled since 2019.
The crypto industry claims, that cryptos the path to financial
inclusion, which it is. But Bitcoin ownership is even
more concentrated within the top 1% than dollars that's bullshit.
We fact check that right again. So I'm sticking to my guns.
If you see it as us being right wing because we're pointing out
facts. Like you could vary, we put all
the sources below, you could verify it yourself and remember
and it was on Sunday's episode that I told you it was over the
weekend. It was Saturday's episode.
I said I've never Wanted to go out and say this, on this
channel because we knew we were gonna get attacked.
And that's exactly what happened, right?
But again, the pattern is undeniable, put the put your
political de leanings, aside. We don't care about that.
We don't care about the old political tropes.
I think it's fucking stupid, but the pattern that I'm starting to
pick up, which is what I said on Saturday and then I found this
site to, you know, back up my points.
It's undeniable. So if you want to say we're
right wing Channel, because we've picked up a pattern that
you could verify and you could check yourself, then call us
right wing. But we know we're not the tax on
the environmental stuff with Bitcoin are only coming from the
left or not coming from the right.
So again I'm going to say I'm going to reiterate the point
that I always say we are not political in this show, we're a
political, but we are going to call out the people that And
against Bitcoin. And in this moment in time that
could change in the future, it happens to be coming from one
side of the political aisle, more than it is coming from the
other side of the political aisle.
However, like I said before, it's not black and white.
We know that Donald Trump's against Bitcoin right.
So it's not black and white but it looks like their sides.
They're my two cents. Phil, I don't know why, I'm
moving to Florida. Rick Scott's sucks.
I just saw that there, he's against crypto.
But look, all joking aside right to your point.
Look, I think I have to start by saying for the people that don't
know. I'm originally Canadian.
Okay. And I moved here and I currently
live in taxes. Chuse.
'It's so I have a great predisposition to understanding
all kinds of the wonders of you know all the social system and
all you got to do is pay the taxes and you'll get all these
wonderful Services. Look, I've been brainwashed with
this stuff since I was a kid I absolutely hate politics, okay.
Politics is a bunch of Nonsense and what people need to take
away. The look this is exactly what we
said was going to happen, Okay? Bitcoin is going to be made into
a partisan issue which it's not freedom is for everyone.
In this is what we keep explaining it just so happens
that right now at this point in history Bitcoin is aligning very
strongly with the same ideals that the right has expressed
That can easily change number one, number two, people can
change as well. So the reality is is that we
need to not get sucked into the bullshit of left and right.
Okay. Because it absolutely is.
It is complete nonsense. I mean, if people don't see that
all this does is create Division.
I, I really don't know what else to say, but it's complete
nonsense in every single person whether you're right leaning,
whether your left-leaning, you can benefit, we can benefit from
having proper. Found money like Bitcoin.
This is what matters so we can't get lost.
So look it, my personal, you know my personal opinion,
obviously not upset, you know, with what the person said like
that's you know, that's their opinion and I can I can
understand how they can see that because of the way that the
information is right now, but if we just zoom out we can see
that. This is good for everyone.
So anyways, only know you're 100%, right?
Look we Stand for Freedom, right?
And the, you know, the ideals of Bitcoin, which is, you know,
private property, you know? Nope.
No censorship, right? And here's the thing, it's
funny, you mentioned, the historical perspective, fill in
the left in the 1950s and 60s, were Pro free speech, and it was
actually the right, that was trying to censor them, right?
So, again, it's switches over time but it just happens to be
that in this moment in history. The right happens to want
freedom or and the left wants to have once have more centralized
control, right? So, I don't know, dude, but you
know, if you still think we're right leading, so be it but then
you're totally missing the message, which is we stand for
Bitcoin, We Stand For Freedom. That's what we're all about.
That's what Bitcoin represents. If you're against Bitcoin you're
against Freedom, like that's just how it works, right?
So you know that's how we feel about it was and if any Leaning
Republican or right leading persons goes against Bitcoin.
We're going to call them out and trash them just like we did with
Donald Trump. We did a whole episode talking
shit about Donald Trump. Not the one over weekend but we
did one like a couple months ago on that.
So again, it has nothing to do with left to right has to do
with freedom. We so hold on.
I also want to point out. We did explain that Ted Cruz was
as using this as a political standpoint as well, it's a game
brownie points, so it's not that we're giving a, you know, Biased
opinion. We're doing, you know, we're
doing our best to provide an objective opinion that sticks
closest to the tenets of Bitcoin.
Yeah, we all support and get behind any politician that
stands for Bitcoin. Like that's just how it is.
We don't care if they're on the political left of the political,
right? Because again, you don't change
Bitcoin, Bitcoin changes you. So we don't, we're not concerned
about left and right. And all this shit.
We are concerned about Bitcoin and Hyper Bitcoin ization and
any politician that wants to help that great will get behind
them. And any Politician.
That is against that. Well, you know, criticize them
but the reality is which is what I said over the weekend.
I pulled up the website. The reality is that there is a
the majority of senators that are against Bit Coin and crypto
are on the left-hand side and the majority of senators that
are pro Bit Coin and crypto are on the right hand side that's
it. That's all we're trying to say.
So if you want to criticize us and call us a light rheault,
right? And all that shit.
So be it, but you're misinterpreting what it is for
Anyways Phil it's time for the daily fail brought to you by
Ember app. Check them out.
It is the best way to buy Bitcoin.
It's Bitcoin, Made Easy, low fees, Fair spreads smart
automation. The link is down below smart
ways, that sense. All right, after yesterday's hex
expose, we decided to go a little, you know, go a little
light. Do some some three quick fails
and we are going to dive into them right away.
We were tagged by mr. Robot in this, I He I think I
think this is his work. Let's take a look at it, coming
to a country near you and yes, that's right.
That is 1920s depression verses 2022, Russian Banks. 100 years
and we haven't learned shit sad, but we now have Bitcoin.
We do not have Bitcoin back then.
So just kind of scary, because we have Bitcoin right now and
those people are still standing in line.
All right. Maybe Bitcoins not fixing this
yet, but it will. I mean, when we'll fix this, it
will fix it for people who choose to adopt Bitcoin.
But for butter that choose to live in the Fiat Matrix again
because of convenience, right? And Central Bank digital
currencies are going to be even more convenient, you know?
Again it's what I've been saying guys, it's convenient slavery or
slightly less in Cut slightly inconvenient, Freedom, which is
what Bitcoin enables right Bitcoin isn't going to be as
convenient as perhaps it will in the future.
But again, I'll put it in. More simplistic sense, right?
A centralized system is always going to be quicker and snappier
than a decentralized system, okay.
Also, Bitcoin is open source, right?
You know, a closed Source system, right?
You know, with, with a centralized Dev team and all
that, you know, they have more capability to make it snappy to
make it quick to make it, this right Bitcoin is open-source
Bitcoin is decentralized. So in my opinion and again like
this could be so that the technology and like 10 years
could be that it's so good that you don't even notice that
delay, right? But on an architectural sense,
right? A dense decentralized system
because of how it's built is always going to be slightly
slower than a centralized system.
So again, what does this have to do with the picture?
Again, do you want something slightly less convenient?
So that you don't have to wait in a line or you don't have to,
you could free, you could leave the country.
If there's, you know, war and all this, that you can take
everything with you, like we Right?
We were talking about all the stories and stuff about how this
Ukrainian escaped, and he was able to take some money with him
and his debit cards didn't work. Or do you want to live in the
cuck system were essentially you're prone to this if shit
hits the fan, you're going to have to get in line and forget
about the one. 800 number. They don't give a shit about
you. Perhaps you're a trucker or
something. I don't know.
All right, well, tore that picture apart.
All right, moving on. Okay, let's do this.
Let's take a look. This really got me thinking.
So the two next Elzar by fellow Bitcoin ER and Watcher of the
show Hans films, we always talk to we always talk to him and EMS
provides us such great information and Great Links.
This story though, really got me wondering how much money am I
actually allowed to have on me in the car.
Okay, so let's just take a quick look at this man arrested, after
almost 200k found stashed in toy boxes during a traffic.
Stop 64 year old among though Rendon was arrested the past
Tuesday after being He pulled over for a traffic stop, while
the traffic stop was happening, the deputies on-site.
Say they spotted several criminal indicators, they
discovered three toy boxes that contain massive amounts of cash.
The amount of cash seized amounted to about, two hundred
thousand dollars as a result of the findings, Rendon was
arrested and charged with money, laundering, greater than 150 and
less than 300,000 a second degree felony.
And this just, I was like, wait a second.
I mean was he money? Laundering.
So anyways, I just like I have to go and ask the question,
right? And essentially this is the
response that I found on answers.com.
Is there is a lawyer? We're not lawyers, by the way.
Yeah, we're not lawyers. This is what's right from the is
what we're getting, you know, just pointing that out.
This is not legal advice but you know on answers.com they say
there is no limit to the amount of cash you are legally allowed
to carry. However if you're stopped for
another reason and the police discover that you're carrying a
large amount of cash, they may see Spec you've some criminal
activity such as involvement in the drug trade.
So I'm I mean this just seems like they don't like he was
charged with this and we don't know anymore and it just sounds
to me like the only thing he did was have this money in boxes now
granted, it is kind of strange that he had them in toy boxes,
but I guess he also understood maybe that if he was pulled over
for some reason. And they Arted to search his
car, you know, maybe they would look over that obviously, they
didn't. So this is don't, don't you find
that? I don't know to me, this is
just, this is just kind of strange and it also illustrates
why we Bitcoin. It's the wealth confiscation
laws, right? Each country are absolutely
crazy. If the police is specs that, you
know, if they see a wad of cash in your car, they could say that
pertains to a criminal that could pertains to a crime or
that pertains to something sketchy, they could Easy.
And you essentially have to prove that that wad of cash
isn't related to a crime and that's the only way you get your
money back. Now here's the thing, right?
Also, when you're traveling, if you enter the u.s. you could
only bring up to ten thousand dollars in cash, right?
So again, but this guy wasn't crossing any borders, right?
This is what makes this stuff really creepy.
Well, that's why this is a fail. You know, we always say on this
channel, right? Which is like the government
doesn't see money as yours. They see it as like You can have
it for now until you cross us. Then it's not really yours
anymore, right? And then it's like wealth
confiscation or asset come for asset seizure.
I think it's what it's called, right?
So asset forfeiture is the correct term.
So, look again, with Bitcoin. If you correctly store your seed
phrase, specially if you use multisig and all that good
stuff, the ability for the state to seize, your wealth becomes,
increasingly difficult If everybody properly stored their
seed, it would become extremely expensive and almost impossible
for the state to effectively redistribute and sees wealth,
right? So, like I've been saying on
this channel, a lot, it changes the balance of power from the
state back to the individual. And again, the only reason this
happens is because dude think about how hard it is to carry
three hundred thousand dollars in cash.
That's a big Gasps briefcase. That's a lot of money.
It's like a pile, right? It's boxes of toys, right?
And just by looking at it, you're like this guy's a drug
dealer because that's what you see in the movies when you see a
pile of cash, right? So with Bitcoin, you can store
trillions of dollars with the 12 word, seed phrase and No One's
Gonna know. Right?
So it's, you know, it's just, it's just crazy Bitcoin, really
does fix this as well. Yeah, it does.
It really does. Okay.
All right, we're going to shift gears, and we're going to try
something a little different with NF T's, okay?
Because we've already we've already Nico's printed the
pictures. We've already done.
The right click stuff for some reason.
For some reason, people are still getting scammed by this
stuff. So we're going to try something
a little different with NF T's. Let's dive into the story quick.
Before we before we move on to the The different method that
we're going to try to explain that fds.
Okay, Lana roads accused of major crypto scam, over a failed
nft scheme recently. Celebrity Lana Rhodes was
accused of crypto fraud after making 1.5 million off her
followers project named kryptos has was launched in the last
week of January in which celebrity animations were shown
roads had promised her fans that the nft plan was succeed.
Giving them an Return on investment Roi, the nft scheme
swore to reward its investors with properties in the metaverse
video games, like sandbox or decentraland.
Great fake land in a fake world. It's awesome.
Even within the compensation was included.
The acquisition of several unique nft pieces roads pointed
out that the nft plan would gradually improve.
Its adoption roads goal was to get the non fungible scheme out.
Out to other celebrities. But that never came to fruition
due to the lack of credibility with promoters absent in the
plan. Lana Rhodes Slipped Away with a
huge chunk of the money Road says that sometimes nft base
crypto investment, schemes, might not succeed.
But this doesn't mean it's a fraud.
Lana roads asked her investors. Keep that in mind.
I asked her investors not the focus on opinions about the nft
scheme but more essential things like the conflicts between
Russia and Ukraine. I don't know what that has to do
with this. Anyways, one victim who prefer
to remain anonymous confesses that she spent about four
thousand dollars on Alana nft peace, and now the image has no
value. Phil likes to collect a lot of
useless crap. I'm Phil, and I like to collect
a lot of useless crap. Some of this crap that I like to
buy a stuff like done. He's okay.
I think these things are super cool and I don't know why.
I think the really interesting they their Able to me and I
don't know why. I just think they're really
cool. So I am willing to pay they're
asking $49 for this thing. 4999 plus shipping.
I'm willing to pay this with the understanding.
That this is not an investment. I am not an investor.
This may conceivably will conceivably have no value and
that's okay with me because I like to collect useless crap
that that's just who I am. And This is the problem with NF
T's. Now obviously, I'm not gonna
reach you guys this whole description here.
I just highlighted it to point out.
That collectibles are not telling you, okay?
When you buy something like this, they're nowhere in the
description. Are they telling me that this is
going up in value? No, where am I made to think
that? I am an investor in something.
Okay, I am buying a collectible because As I think it's cool.
I like useless crap. This is what you have to take
away from nft, so if you're buying an ft's, there's nothing
wrong with that. You need to understand.
It's the same useless. Crap as my collectibles, they're
most likely not going to be worth anything.
That's not why you're buying them.
Nico. You picture drop Mike?
Yeah they do I can't add anything to that.
The only thing I wanted to say is that I can't make I can't
write copy. Paste your dunny, dude.
Okay, I can't can, oh, it's a real world object.
It's hard to copy and that these n FTS, right?
You could literally make an exact photo copy with right.
Copy paste. Right.
So, you know, and I agree, right?
Why are they calling pieces of art?
Collectibles Investments? Right?
That's the slip. That's the slip right there,
right? So it's just larious and look
Lana, you know, roads is industry and I'm sure a lot of
you guys will know, right? Right.
What does this have to do with then of T's?
Clearly there was an entrepreneur or an mft person or
shit coin or Dev that I approached her.
Hey, if we associate and nft with Lana roads, then we could
sell a lot of that nft, you know, and then we'll give lot of
Roads, a little bit of a kick back so she's not going to say
no. So the whole thing is just guys,
it's a scam. It's annoys focus on the signal.
Don't give these guys your Bitcoin.
Keep it anyway. So it's time for the daily meme,
review brought You buy Citadel 21.
It's the best Bitcoin cultural Zine every every magazine has
different artwork on its cover. This is volume 10.
It just came out there scarce. There's only 1000 physical
copies made per volume. This is copy 246.
Every copy has different artwork by bitcoiners, get your print of
Citadel 21. Today, first memes brought To Us
by a fellow Polly patil Doddle. Anyways, to check it out.
Twitter, CNN, MSNBC, See the MPC.
The virus Ukraine. Click.
It's so true of anyone else notice that the virus just
completely disappeared. Now, the narrative has shifted
to potential Armageddon. Anyways.
Check it out. And this is by georgg mood fear,
and then slavery. And that is you know that is
Bitcoin. Really moving on to the next one
is by Rd. B TC be greedy when others are
fearful me, Bitcoin me hahaha. Very good believe in something.
Even if it means sacrificing everything and this is Jihan.
Whoo. There's a famous like yeah just
do it. Fuck your mother if you want to
fuck. Okay, so a little bit of
backstory to give some context on this one.
Jihan replied to somebody about like about this, when people
were criticizing is move with Bitcoin cast Jihan is the
founder of bit main, just the one of the biggest mining
manufacturers. They make the s19 STS9.
All those famous. Amos miners, Jihan sold the
company. He's no longer with them, but he
found that them, right? And he was responsible with
Roger ver to essentially, Fork Bitcoin into Bitcoin cash and
Roger and Jihan were the ones that were behind the Bitcoin
cash fork. And essentially what they did
was Jihan artificially, not for Market forces but changed all
the, you know, all the Bitcoin miners because they can't it's
the same algorithm. He forced them to mine Bitcoin
cash instead tricking everybody into believing that the hash
rate was going towards Bitcoin cash when reality they were
mining at a loss. It was more profitable to mine
Bitcoin, right? So again this guy is responsible
for attacking Bitcoin, he wanted to take it over right?
You know the fork Wars they lost he got totally wrecked.
He lost billions of dollars. Right?
But at the time, you know, it was very scary to live through
the the four cores, right? But anyways, this was one of the
responses that he Did for someone asking him about Bitcoin
cash. And remember, this is a very
serious guy. This is how he just he just
slipped out. He just broke one day, right?
Like Roger, Roger did the same thing.
Roger just flipped out right and it sucks because they did lose
billions of dollars, right? They lost billions of dollars
trying to take over Bitcoin, right?
So it's a great meme. Phil.
I just want to point out quickly because you mentioned Roger, for
the people who want to see that video.
Just go on YouTube and look up. Roger ver, John Carvalho, okay.
You'll see that is a fantastic, fantastic video.
It is. It's a classic.
It's a classic, okay. You can't taper upon Z and this
is Klaus Schwab and it's the suckers and then Klaus Schwab
Russia. Virus absolutely hilarious.
Last one by Stefan Chinese replying.
If there was a little book of Bitcoin memes what would qualify
for the top 10? No requirements, just 30 min
masterpieces and learn how to buy Bitcoin first install
Bitcoin wallet. Oh shit you forgot one step for
a few months now. Now, the price has fallen shit
now, it's been a year and you still have it installed a
Bitcoin wallet. The price is not 3x and you
can't afford a whole Bitcoin anymore.
Fuck shit. Coins, are up two thousand
percent and you still haven't installed a Bitcoin wallet and
your stupid friends are now rich.
And you don't understand what not going.
Is you finally install Bitcoin wallet, but with bought but only
enough to cover the cost of the wannabe of want to cry.
Ransom on your laptop. You think you could do things,
but you can't prices is millions but you still think it's a Ponzi
haha. And very, very well done.
I agree. Shout out to Stephen anyways,
for those mean still Nothing in it.
Has a cube, a MicroSD card charger and memory.
Yeah, energy energy, and a memory member G, Men emergy.
I'm about to have a seizure right now.
Okay, so, so here we go, you know, as I've mentioned a few
times I'm moving so I'm totally running out of shit in my
basement. So We are going to go with this
very handy. Not even telling you what it is,
plastic, plastic thingamajigger that's him.
I don't want it is. Anyways, guys, we want to know
if you agree with our scores disagree, let us know down in
the comments section comment, comment, comment, help us defeat
the shit coin channels, and of course, of course, make sure to
subscribe to us on alternative video platforms because we do
talk shit about clothes shop. Well, I crumble.com and our
personal favorite Bitcoin tv.com, and last but not least,
join our telegram group hangout with the plebs and linked us.
Some dank dank Bitcoin memes to review on the big.
Mmm, review is a Bitcoin review. You need memes to review from
collapse because the Bitcoin review but anyways Phil it's
time for the Daily News brought to you by crypto cloaks.com they
make the best 3D printed Bitcoin merch like the famous 3D printed
Bitcoin art sculpture opens up. You put your favorite wallet in
there also the famous 3D printed Bitcoin.
Honey badger also opens up, you put your favorite cold card,
Hardware wallet. Anything you want comes in three
different sizes and you can take advantage of the link down below
for 10% off anything, on the store crypto clearance.
Looks.com Phil. Are you ready to blow a guy?
A Canadian gasket? I don't know.
My maple syrup. This is a hockey stick.
This is absolutely insane. This is insane.
Annatee. This is insanity.
This is a clip from the Senate, and essentially, one of the
opposition's was asking the true, do you know, someone on
Trudeau's party? What the justification?
What the process was of unfreezing bank accounts?
And I'm not going to say anything else.
His answer speaks for itself now, guys, I want you to
Attention to this, I want you to pay attention to what's
happening in Russia. What happened?
Today, we're going to cover that in a sec, but I don't think
we've ever lived in a Time, Phil where, the government was
active, actively weaponizing, money against their own citizens
or against giant populations. And that's what this centralized
money enables. We're not even at Central Bank,
digital currencies, right? So again, this is what you get.
If your money is not in Bitcoin, if you're not, he's not in
Bitcoin. Just basically the government's
money and you still don't believe me.
It's just the person that you support happens to be in power,
what happens when that day changes, right?
Anyways, check this out, fill because it is total clown world
and it to its citizens, through batters Senator gold.
How will a bank know that someone has, quote stopped
participating in the protests and then unfreeze their bank
account. Well, thank you for the
question. It's important question.
I think my understanding is that there will, there is a two-way
communication between the bank banking institutions, and
financial institutions is not only banks and, and police
authorities, the police authorities, the banks may have
suspicions and may communicate with the police.
The police in turn may have information as in.
This particular person or company has a truck in the
middle of Wellington has refused to leave and so therefore there
is a communication, which the act legitimates and authorizes
such that it goes back and forth.
The same channels of communication extend to when
somebody leaves. So my understanding is Senator
that. Let's just if a person, let's
say on Sunday, decided to leave and, and did let leave that.
That information would be communicated to the bank or that
person could communicate that information to the bank, which
could be verified. And my understanding is that
it's early days obviously in the in the application of this but
that's how the information. Would come to the attention of
the bank. And as I've answered in previous
to previous questions, there are work being done between the
banks and the RCMP to regulate the process.
What the fuck? What the fuck did we just watch?
Okay, so to be fair, this video came out and April 4 April 14th,
right? But the reason I wanted to cover
it, Phil is, first of all, we never covered it on this channel
before. Okay, second of all, I want you
guys to focus on what's happening.
Okay? Essentially they're freezing
bank accounts of people without it without a subpoena from a
judge nothing just We you might remember, he used the worst
example, which is someone parked in the middle of the thing.
But we know for a fact that people had their bank accounts,
Frozen that didn't park in the middle of the road just for the
mere fact of donating, they had their bank accounts Frozen and
go. This is so easily abused and I
think we're getting into very tear dangerous territory, which
we have been predicting on this channel.
I might add why did we? Why did we know for sure?
Because if you give that much power to an Jewel, he is going
to use it and that's exactly what you're seeing here.
Governments are weaponizing, the Fiat Financial system to their
advantage but it's not also happening in the Western World
now the United States and Russia because of the recent Russian
invasion into the Ukraine, right?
Whatever politically. However, which way you feel
about it, right? We think that war is wrong every
single time, right? But again, I don't think it's
right that the u.s. government. Freezes.
That counts or stops the ability for the Central Bank of Russia
to transact. Because again the oligarchs and
Putin aren't going to get hurt. It's the every averaged a
citizen that is going to get absolutely crushed but they're
not all. So they're not only going after.
They're not only going after traditional Russian Banks, now,
the US government is asking crypto exchanges.
To, let's see what the article says, the body Administration
asking crypto exchanges to help ensure check this out.
Fill Russian individuals and organization.
What does the average Russian have to do with this?
You're targeting people that have nothing to do with this.
This is the responsibility of a government, not the people and
when you put sanctions on Iran, when you put sanctions on
Venezuela, when you put sanctions on Cuba, Many, many
people get caught in the crossfire that have nothing to
do with their governments there and they can't, in the case in
Afghanistan, people were starving and the only option
people had was to buy Bitcoin but Washington wants you to
believe that. No, they can't have that escape
valve either. Right, so absolutely crazy and
we could already know like we've been saying the the crypto
exchanges, they're captured by the government's right, do not.
Keep your Bitcoin on an exchange because it's only a matter of
time before you're a trucker or Russian, right.
That's the way that I see it starts with truckers that are
peacefully, protesting now it's with, with Innocent Russians.
That have nah. Dude, it's they have a terrible
government. What?
It's not their fault and it's scaring the crap out of them and
we started the show with the bank lines.
Now, I'm going to even give a scarier example, Apple paying
Google pay no longer work on Moscow.
The Moscow Metro System leading to long queues as people fumble
about for cash. So, this is all happening
because you're trusting a centralized entity that is prone
to political pressure. Bitcoin is a political, it does
not care as much as they would like, you to believe, of course,
because this is a posturing effort, you know?
It's like yeah, we could shut down.
Yeah. Perhaps the centralized
exchanges, but you can't censor anything on bitcoin.
So interesting to say the least so very sad.
Anyways, Phil, do you have any thoughts on this?
Yeah, this is sad and disgusting and I just want to go back to
the fact that they are punishing individuals, okay?
When we're talking about the, the Russia, when we're talking
about the Russia incident, right with Ukraine, they are punishing
individuals. Not every single Russian
organization has something to do with what's going on in the war.
This is it's pathetic and sad and it actually Lee goes to show
the weakness of their conviction because it's just a paint with a
broad brush. That's it you're all criminals
or from a criminal Nation, boom, we just stopped the nation and
that's it. No, that's not how it works.
That actually ends up showing that we're not doing it right?
That clearly we need to fix this problem and of course, as
everybody knows Bitcoin is that answer that helps put everyone
on that Level Playing Field. The other thing is the piece
about Google and Apple. That's pure corporate
censorship, right? Like immediately right there.
Look at that. All of a sudden, those payment
methods, no longer work anymore. Well, it's all those.
Are you as companies? It's always gonna happen with
political money, dude. You know, it's just, it's like
basically machine and no one's calling out Google, like Google.
Like, you know, they used to have a sign at their office that
said, Do no evil it, no longer says that anymore.
And then I met with the government decide.
That's why they took it down because they're a shitty evil
Corporation. Yep.
Apple sucks too though. That sorry man.
Okay so moving on change change in subject, small victory here
but it's very sketchy, EU indefinitely.
Delays vote to ban proof-of-work Mining and the debate over
proof-of-work. Mining in the European
Parliament has been delayed with energy fudge surrounding Bitcoin
mining. Remember, we talked about this
when we said Europe was potentially going to ban
Bitcoin, the markets and crypto acid, directive known as Mich
was set to vote on February 8th, April 28, the agenda was to
start negotiations between the body and the Council of European
Union, European commission. But ultimately, it was delayed
by the chairman of the economics committee Stefan Burger, the
delay is following. Check this out fill, this is
sketchy. The delay is following a leak of
amendments that many Saw as a proof-of-work ban which gained a
negative response from the public on Twitter.
So what if it didn't leak? What if it didn't leak?
So it got delayed and indefinitely because it leaked
and people found out the truth and they started forming a
ruckus. The sounds ridiculous dude and
is so various. But you know how, you know how
sometimes you say like all, you know, it's not some evil guy,
you know, twirling his moustache.
It's not it's an incompetent group of fools, okay?
And they don't have mustaches, maybe maybe that they don't
know, that think they know what's best.
That thing's an incompetent group of bureaucrats, they think
they know what's best for people and think about their purported,
their performance so far censorship of innocent Russian
censorship of you, Rain got took off the banking system, people's
debit card was working there who we have censorship of, you know,
Apple and Google taking it out. It's like dude it's like these
are the bureaucrats that think they know what's best.
This is the result. We are in the situation today
because of group of Elites feel they know what's better for
everybody else. Bitcoin fixes that because it
takes the money out of the hands of human beings back into the
laws of mathematics the monetary These completely separated from
Human corruption and it figures out how to do that because it
takes the human element out of the equation, right?
Because I think human beings are inherently.
If they have that much power, they're going to use that power
to stay in power, which is going to lead to corruption and
tyranny and oppression of the other group that's trying to
essentially complete with you politically, right?
So it's just man, it's stupid. But anyways, to end it with a
good piece of news, Phil, check this out the way.
We said we were going to follow this up and we're following it
up right now. This is the Intel Bonanza mine
too, the second generation Bitcoin Asic from Intel.
I don't know if this is going into mass production yet, but
check out the specs, right? This is the latest and greatest
bit main, Aunt minor s19 J. It has 140 tear hashes per
second W is 33 thousand and ten Watts.
Check this out from Intel, not bad. 85 Terror hashes and 350,
300 3510 W, right? So again not as good as the s19.
However bit main has been in business for a very very long
time. In the fact that Intel is
getting that close for just their second generation, minor
is incredibly impressive. And again, again all these
things seem like noise but the signal is here and I've been
hammering in this topic when we initially covered, this is When
the China ban happened, it created an unintended
consequence. That essentially, the biggest
Asic manufacturers are now Chinese.
So if you have a hostile country against Bitcoin and the majority
of Bitcoin miners come from the country, I think that could
potentially be an attack Vector, Adam back and now identified
that which is why block stream acquired spur Doodles, this is
really a seed company and which is why Jack See also is getting
into the Asic minor manufacturing business and I
think that's why I don't think Intel's doing it for these
reasons. I think Intel's doing it for
profit profit profit motive. But again I think that the more
competition the better and the more competition specifically
coming from companies that are not Chinese.
Not that I have anything against Chinese companies.
But I think that, you know, if you have a hostile government
towards Bitcoin and you have the majority of Bitcoin mining
Manufacturing, Opening in China, that could potentially become a
contentious pop problem issue. Especially if Bitcoin continues
to rise up in market cap and by continuing to rise up in market,
cap taking power away from nation states.
So I'm very happy that the manufacturing is at least de
centralizing that is some good news Phil.
So I'm definitely not surprised at the Intel second generation
performance, considering the fact that Intel, you know, Tells
been around, since at least 1968, I believe it was a
different company before it was, until I think it was something
called like, FML Electronics. Anyways, the point is, they've
been making processors for a very long time.
So this does not that, it doesn't surprise me that they
have such good specs. We can, I think we could expect
in their third and fourth generation to just pretty much
blow everything else out of the water.
But look the other piece to this that you added about Out the
Bitcoin about the about the mining decentralization, right?
The I think that people are missing the big signal of Intel
coming to the table and investing and building in this
look, I'm not trying to dump on on bit main or what's minor, or
all these other companies in, any way, shape or form, but you
gotta understand giant conglomerates like this.
The ship does not just turn, Okay, the ship is Aunt, it's
slow AF. It does not move quickly, it
takes a lot of decision-making to Pivot and to do stuff.
I'm not saying that they're pivoting away from their General
business, but even to do moves like this, it takes almost like
acts of Congress, so to speak. So the fact that they did this,
the fact that their second generation has the specs and the
fact that they've been making processors for this long, has me
extremely bullish You know, like for me like this is, this is
beautiful and I think it's fantastic.
So I can't wait to see who else is going to come to the table.
Yeah, you know, so but so far, so good, right?
We have Jack Dorsey, we have block stream and now we have
Intel Intel. Yeah, I'm fucking company.
Like you said, right? Very exciting.
Manufacturing is decentralized. A good thing, guys.
We have an announcement Phil and I are going to UND confiscate a
bubble this weekend. So that means that we're not
going to be home in our Studios, we're going to be in Vegas.
However, some good news, we are going to try to give you the
same. We're going to try to give you
content all days but it's not going to be in the usual format
that you guys are used to. It's probably going to be on the
go whatever. But you know, we'll get our team
to edit it and make it look nice and all that stuff.
So bear with us. We're all so, you know, we're
going to try to remind you guys as much as possible with
announcements and videos here and there.
But if you guys are seeing this for the first time, just letting
you know that the normal show isn't going to be back until
Monday, no really Tuesday of next week, right?
Monday or Tuesday, we'll keep you guys in the loop, but we are
going to give you footage and we're hopefully going to get
some interviews from some awesome bitcoiners.
A ton confiscated, fulfills bringing his camera, I think I'm
bringing my weird selfie, iPhone Contraption thing, you know,
somebody really cool. I think you guys are going to
enjoy it. But anyways, Phil there was an
open source. Software release a what type of
software releases brought to you by Cipher safe?
Check them out. Seifer.
Safe dot IO, it's the best place to store.
Your Bitcoins seed store, your Bitcoin seed in the Cipher wheel
or the all new Cipher grid comes complete with punch tool and
tamper / fill resistant wire. We've got lightning terminal
version 0.6 Dot 3, Dash Alpha, that was released ATS Down
Below. Guys, don't forget to check out
our Audio. Only podcast platforms.
We are on Apple podcast, we're on spot.
I defy and anchor. Awesome.
Thank you, Phil. All right, guys, before we go
when I give a very special shout-out to her, awesome.
Awesome sponsor. They make dope hoodies.
Represent rep. Hard.com check it out Phil and I
try to wear different threads every show they make, could he's
a sweatpants, really cool stuff. I know there's some Bitcoin
merch coming soon, and you can take advantage of the link down
below for 15% off, anything, on the store rep.
Hard.com. But guys, if you enjoyed the
show snappy snappy snappy snappy You know what to do, smash that
like button. And of course, if you want to
continue hearing the Bitcoin use from the bleep lab perspective,
definitely consider back from Vegas, make no mistake.
Censorship is not normal. We need Bitcoin