1 00:00:14,800 --> 00:00:17,560 It's all going to zero against Bitcoin. 2 00:00:18,440 --> 00:00:28,320 It's going up forever, Warren. You're against Bitcoin. 3 00:00:28,360 --> 00:00:33,040 You're against freedom. Good morning everybody. 4 00:00:33,040 --> 00:00:34,960 We are back. Today is Wednesday, November 5 00:00:34,960 --> 00:00:38,880 22nd in the year 2023 and big, big news. 6 00:00:39,320 --> 00:00:43,600 Binance is hit with the largest settlement in history at $4.3 7 00:00:43,600 --> 00:00:48,800 billion after a three-year investigation and they admitting 8 00:00:48,840 --> 00:00:51,400 wrongdoing. And I think the most surprising 9 00:00:51,400 --> 00:00:54,960 part about this is CZ stepping down as part of the agreement. 10 00:00:55,200 --> 00:00:57,240 We will get in all of that stuff. 11 00:00:57,960 --> 00:01:00,520 Very interesting stuff when you get through the nitty gritty of 12 00:01:00,520 --> 00:01:04,360 what's going on about what the DOJ, the Department of of 13 00:01:04,360 --> 00:01:08,400 Treasury is saying. Interesting that CZ is able to 14 00:01:08,400 --> 00:01:11,040 retain majority ownership of Finance. 15 00:01:11,040 --> 00:01:15,280 That although he won't be able to, you know, be an executive 16 00:01:15,280 --> 00:01:18,360 leader of finance, he can't come back after three years. 17 00:01:18,360 --> 00:01:21,840 So he'll be hanging out in the shadows, you know? 18 00:01:21,960 --> 00:01:28,200 But I think if you only celebrate CZ getting technically 19 00:01:28,200 --> 00:01:32,920 fired from Binance, or rather stepping down from Binance and 20 00:01:32,920 --> 00:01:36,120 Binance getting hit with a huge fine, you are just playing 21 00:01:36,120 --> 00:01:39,000 checkers guys. The 5D chess move is 22 00:01:39,040 --> 00:01:43,760 understanding that this is continuing to set a precedent, A 23 00:01:43,760 --> 00:01:48,000 precedent for the DOJ and the US Treasury to come after Bitcoin 24 00:01:48,000 --> 00:01:51,360 and self custody in general. We've seen this happen all year 25 00:01:51,360 --> 00:01:52,800 long. We've been covering this for you 26 00:01:52,800 --> 00:01:58,120 guys constantly on the show. The first shot over the bow was 27 00:01:58,120 --> 00:02:01,440 the tornado cash them them arresting a developer for 28 00:02:01,440 --> 00:02:03,960 tornado cash, of course attacking privacy. 29 00:02:04,240 --> 00:02:09,120 The next one was Fin Cen proposing new regulations, or 30 00:02:09,120 --> 00:02:13,680 rather you know, new new obligations for financial 31 00:02:13,680 --> 00:02:15,840 custodians out there for banking partners. 32 00:02:16,040 --> 00:02:19,360 And of course they use the washing the washing, Wall Street 33 00:02:19,360 --> 00:02:21,920 Journal fake news article about Hamas. 34 00:02:21,920 --> 00:02:24,480 We will get all that covered on today. 35 00:02:24,480 --> 00:02:27,440 And I've been saying this for the show all year long, ever 36 00:02:27,440 --> 00:02:30,480 since we first saw the politicians come out attacking 37 00:02:30,480 --> 00:02:32,320 Bitcoin. You know my favorite politicians 38 00:02:32,320 --> 00:02:34,480 out there, Brad Sherman and Elizabeth Warren, They 39 00:02:34,480 --> 00:02:38,280 constantly used the low hanging fruit examples of money 40 00:02:38,280 --> 00:02:43,280 laundering, financial terrorism. And if you guys watched the 41 00:02:43,280 --> 00:02:48,720 press release by the government, by the DOJ, the CFTC, the US 42 00:02:48,720 --> 00:02:51,880 Department of Treasury, I couldn't even count how many 43 00:02:51,880 --> 00:02:58,800 times they mentioned financial terrorism, national security, a 44 00:02:58,920 --> 00:03:03,960 threat to the system. And so do not just latch on to 45 00:03:03,960 --> 00:03:08,400 the fact that as a Bitcoin only company, Bitcoin only maxi's out 46 00:03:08,400 --> 00:03:11,000 there that yes, another shit corner is wrecked. 47 00:03:11,360 --> 00:03:15,000 But this is just setting the groundwork for them to come. 48 00:03:15,000 --> 00:03:19,080 After all Bitcoin companies, all of you guys self custom your 49 00:03:19,080 --> 00:03:21,880 Bitcoin and really you know, kind of a little more 50 00:03:21,880 --> 00:03:27,040 conspiratorial, probably clearing way for a Bitcoin ETF. 51 00:03:27,720 --> 00:03:30,360 The professionals out there have to clear way of the amateurs so 52 00:03:30,360 --> 00:03:33,240 that they can maintain their regulatory Moat. 53 00:03:33,720 --> 00:03:38,280 And this is all on the backs of a fake news article by Wall 54 00:03:38,280 --> 00:03:41,240 Street Journal. They, as the saying goes, will 55 00:03:41,240 --> 00:03:45,560 not let an opportunity, a crisis to go UN wasted. 56 00:03:45,840 --> 00:03:49,800 So we've seen the creep of institutions and they are 57 00:03:49,800 --> 00:03:53,680 continuing to creep and trample on our liberties, on our 58 00:03:53,680 --> 00:03:57,080 freedom, on our freedom to transact, on our first, second, 59 00:03:57,080 --> 00:04:00,320 4th Amendment rights. This is constantly going to play 60 00:04:00,320 --> 00:04:03,560 out moving forward and forward. But the silver lining as 61 00:04:03,560 --> 00:04:08,320 bitcoiners is we are winning. They are scared and you just 62 00:04:08,320 --> 00:04:10,320 love to see it. I say it all the time, can't ban 63 00:04:10,320 --> 00:04:11,720 Bitcoin. You can only ban yourself from 64 00:04:11,720 --> 00:04:13,480 Bitcoin. And anytime a government comes 65 00:04:13,480 --> 00:04:16,760 after Bitcoin, tries to ban Bitcoin, tries to control 66 00:04:16,760 --> 00:04:19,399 Bitcoin. It just goes to show why we need 67 00:04:19,399 --> 00:04:21,360 Bitcoin in the 1st place anyways. 68 00:04:21,360 --> 00:04:24,080 Well, welcome to simply Bitcoin. We are your number one source 69 00:04:24,080 --> 00:04:25,360 for the peaceful Bitcoin revolution. 70 00:04:25,360 --> 00:04:27,880 We cover breaking news, culture and mimetic warfare. 71 00:04:27,880 --> 00:04:30,760 We bring on bitcoins from all around the world, from the 72 00:04:30,760 --> 00:04:33,480 biggest names to the everyday bitcoiner. 73 00:04:33,480 --> 00:04:36,040 We got them all and we will be your guide through the 74 00:04:36,040 --> 00:04:39,920 separation of money and state. All right guys, well as you can 75 00:04:39,920 --> 00:04:42,240 tell I am hosting this. But I am not alone. 76 00:04:42,480 --> 00:04:48,800 We got a very very special and 1st Co host, guest, guest, more 77 00:04:48,800 --> 00:04:51,720 Co host and guest. She is a part of simply Bitcoin 78 00:04:51,960 --> 00:04:54,200 Internet selfie, Nico's baby Mama. 79 00:04:54,480 --> 00:04:59,440 Also content creator for us. So I I, I teamed this culture up 80 00:04:59,480 --> 00:05:03,480 specifically for Sophie because I I know maybe not every one of 81 00:05:03,480 --> 00:05:06,800 you guys is out there watching the shorts that we put out on 82 00:05:06,800 --> 00:05:09,560 YouTube. But Sophie's been on the ground, 83 00:05:09,560 --> 00:05:12,600 on the street level talking with normies. 84 00:05:12,600 --> 00:05:14,440 I know, I know. We don't talk with normies 85 00:05:14,440 --> 00:05:15,880 anymore. We don't talk with the average 86 00:05:15,880 --> 00:05:17,680 person anymore. We're we're we're a little 87 00:05:17,680 --> 00:05:20,720 detached from what a normal person thinks about Bitcoin 88 00:05:20,720 --> 00:05:23,120 thinks about us. But Sophie's been doing these 89 00:05:23,120 --> 00:05:25,240 St. interviews. So I got a few of them here. 90 00:05:25,480 --> 00:05:29,480 And then I'm just gonna pick Sophie's brain and you know, 91 00:05:29,480 --> 00:05:33,320 just ask you, Soph, what's the normal person think about us? 92 00:05:33,320 --> 00:05:35,440 But let's save that for later. How are you doing today? 93 00:05:36,240 --> 00:05:39,760 Yo, what is up? I'm so happy to be here. 94 00:05:39,760 --> 00:05:42,240 I've been wanting to do this for a long time. 95 00:05:42,240 --> 00:05:46,960 I'm so excited and today's a really big Newsday, so let's get 96 00:05:46,960 --> 00:05:48,640 into it. Let's go. 97 00:05:48,640 --> 00:05:51,400 Yes, as everyone knows, there needs to be more women in 98 00:05:51,400 --> 00:05:53,800 Bitcoin while selfie is on the front lines. 99 00:05:53,800 --> 00:05:56,440 And the last time you were on here, I think I was on a plane 100 00:05:56,760 --> 00:05:59,920 and I think you almost beat me out in a poll that that you 101 00:05:59,920 --> 00:06:03,440 should take my my spot here. No, don't worry, you still have 102 00:06:03,520 --> 00:06:07,760 a lot of loyal followers. All of your fans got your back, 103 00:06:07,840 --> 00:06:11,120 and I love that. I think that loyalty is the most 104 00:06:11,120 --> 00:06:14,520 valuable trait in people. So you know what? 105 00:06:14,520 --> 00:06:18,400 Like, I'm glad that people still voted you in well. 106 00:06:18,920 --> 00:06:20,520 That's why you still have a job, Opti. 107 00:06:20,680 --> 00:06:24,760 Oh my goodness. I bring a special, very special 108 00:06:24,760 --> 00:06:28,000 vibe to the show. Some might say a highly regarded 109 00:06:28,000 --> 00:06:30,440 vibe to the show and. I bring. 110 00:06:30,440 --> 00:06:34,240 I bring The xx chromosomes. All right, all right. 111 00:06:34,680 --> 00:06:37,520 Before we let this derail too much, let's get into the 112 00:06:37,520 --> 00:06:39,400 numbers, guys. Nico, what did you do? 113 00:06:42,720 --> 00:06:46,440 The Bitcoin numbers. Is your Bitcoin and cold storage 114 00:06:46,440 --> 00:06:49,440 really secure? Is your seed phrase really 115 00:06:49,440 --> 00:06:51,000 secure? Stamp seeds? 116 00:06:51,000 --> 00:06:53,680 Do it yourself. Kit has everything you need to 117 00:06:53,680 --> 00:06:58,080 hammer your seed words into commercial grade titanium plates 118 00:06:58,280 --> 00:07:00,280 instead of just writing them on paper. 119 00:07:00,600 --> 00:07:03,760 Don't store your generational wealth on paper. 120 00:07:04,200 --> 00:07:06,720 Papers prone to water damage. Fire damage. 121 00:07:06,880 --> 00:07:09,120 You want to put your generational wealth on one of 122 00:07:09,120 --> 00:07:12,240 the strongest metals on planet earth, Titanium. 123 00:07:12,240 --> 00:07:15,400 Your words are actually stamped into this metal plate with this 124 00:07:15,400 --> 00:07:18,840 hammer and these letter stamps. And once your words are in, they 125 00:07:18,840 --> 00:07:21,760 aren't going anywhere. No risk of the plate breaking 126 00:07:21,760 --> 00:07:24,160 apart and pieces falling everywhere. 127 00:07:24,360 --> 00:07:27,600 Titanium stamp seeds will survive nearly triple the heat 128 00:07:27,600 --> 00:07:30,080 produced by a house fire. They're also crush proof, 129 00:07:30,080 --> 00:07:32,760 waterproof, non corrosive, and time proof. 130 00:07:32,760 --> 00:07:35,440 All things that paper is. Not allowing you to huddle your 131 00:07:35,440 --> 00:07:38,440 Bitcoin with Peace of Mind for the long haul. 132 00:07:38,560 --> 00:07:43,120 Stamp your seed on Stamp Seed. Let's go guys. 133 00:07:43,120 --> 00:07:45,440 We made it easier for you guys. Scan the QR code actually. 134 00:07:45,440 --> 00:07:50,000 Actually, before I forget, Stamp Seed is doing Black Friday Deals 135 00:07:50,000 --> 00:07:53,520 as we speak. Was trying to find the exact 136 00:07:53,520 --> 00:07:55,960 discount, but you don't need a promo code. 137 00:07:56,200 --> 00:07:58,280 Just go to their website. If you've been thinking about 138 00:07:58,280 --> 00:08:02,040 getting yourself a stamp seed kit, go to their website now. 139 00:08:02,120 --> 00:08:06,120 It will be going on until November 24th and you get a 140 00:08:06,120 --> 00:08:07,560 discount. You don't need a promo code, 141 00:08:07,560 --> 00:08:10,200 just go on. Everything is discounted until 142 00:08:10,640 --> 00:08:13,320 Black Friday, so if you've been on the fence for this, get 143 00:08:13,320 --> 00:08:16,880 yourself one at least by Friday. This is the cheapest it's going 144 00:08:16,880 --> 00:08:19,800 to be guys. So anyways, let's get into the 145 00:08:19,800 --> 00:08:22,560 numbers. Of course I am over here on 146 00:08:22,560 --> 00:08:25,400 Clark Moody's dashboard and starting with my favorite 147 00:08:25,400 --> 00:08:27,440 number, the block height Tick tock next block. 148 00:08:27,560 --> 00:08:29,520 It's almost like Bitcoin works. It's almost like Bitcoin's 149 00:08:29,520 --> 00:08:31,440 unstoppable. We are at block height of 150 00:08:31,440 --> 00:08:35,919 817,982. The Bitcoin price is currently 151 00:08:35,919 --> 00:08:40,200 $36,555.00. The stats per dollar AKA the 152 00:08:40,200 --> 00:08:43,640 Moscow time, AKA how much your Fiat dollar is worth in Bitcoin 153 00:08:43,679 --> 00:08:46,520 AKA how much Bitcoin you can buy for a single dollar is currently 154 00:08:46,520 --> 00:08:50,160 at 2736 SAT's. Or for the bit Maxis in the 155 00:08:50,160 --> 00:08:54,680 chat, 270 or yeah, 273 bits. I'm already getting confused. 156 00:08:54,680 --> 00:08:57,800 Anyways, the total percentage of Bitcoin that will ever be issued 157 00:08:58,040 --> 00:09:02,080 is currently at 93.09%. The market cap of Bitcoin in 158 00:09:02,080 --> 00:09:08,040 Fiat terms is $714.6 billion and Bitcoin realized monetary 159 00:09:08,040 --> 00:09:12,160 inflation taking Fiat currencies to school at 1.75% which will 160 00:09:12,160 --> 00:09:17,120 get cut down in April of 20 of, yeah, April 20th. 161 00:09:17,320 --> 00:09:21,360 As of now 2024, it's going to be the hardest currency in the 162 00:09:21,360 --> 00:09:24,680 world coming up in a few months. The Bitcoin versus gold market 163 00:09:24,680 --> 00:09:28,240 cap is 5.35%. The total public lightning 164 00:09:28,240 --> 00:09:34,560 capacity is 5369.34 BTC. The hash rate the last 90 days 165 00:09:34,560 --> 00:09:38,200 is 431.8. EXA hashes the pending fees. 166 00:09:38,200 --> 00:09:42,720 Oh man the pending fees currently at 21.65 BTC. 167 00:09:43,080 --> 00:09:46,240 So hopefully guys, when the mempools start to clear out a 168 00:09:46,240 --> 00:09:49,160 little bit, you guys are consolidating your Bitcoin and 169 00:09:49,160 --> 00:09:51,320 you guys are not going to wait until the bull run because I 170 00:09:51,320 --> 00:09:55,440 think this is just a snapshot of what we are going to see moving 171 00:09:55,440 --> 00:09:58,720 into the future. Block space is limited and 172 00:09:58,720 --> 00:10:02,080 people will want to get the transactions and right now I 173 00:10:02,080 --> 00:10:04,520 think it's a little artificially bloated considering all these 174 00:10:04,520 --> 00:10:06,960 ordinal stuff, but it has a totally different conversation. 175 00:10:07,280 --> 00:10:12,400 Anyways, the blocks to having having 22,000 and 18 and again, 176 00:10:12,760 --> 00:10:16,920 as of now, we are going to hit the meme number of April 20th, 177 00:10:16,920 --> 00:10:18,960 2024. That would be absolutely 178 00:10:18,960 --> 00:10:22,480 beautiful to hit that meme number because meme is life and 179 00:10:22,480 --> 00:10:24,120 life is memes. All right guys. 180 00:10:25,080 --> 00:10:30,000 So before we get into the news, I think it is very, very 181 00:10:30,000 --> 00:10:33,280 important to not only give context to everything going on 182 00:10:33,280 --> 00:10:34,560 in the world. We've been we've been talking 183 00:10:34,560 --> 00:10:38,200 about this constantly on the show that the politicians, the 184 00:10:38,200 --> 00:10:41,800 bureaucrats, the central bankers, they would love to stop 185 00:10:41,800 --> 00:10:44,320 Bitcoin. They continue to gaslight the 186 00:10:44,320 --> 00:10:46,800 Bitcoin narrative, the the Bitcoin message. 187 00:10:47,040 --> 00:10:50,640 They always pinpoint different reasons for Bitcoin or crypto 188 00:10:50,640 --> 00:10:53,120 currencies that are totally missing the mark. 189 00:10:53,120 --> 00:10:57,480 And I would argue that this is by design, because if they 190 00:10:57,480 --> 00:11:01,880 really hit on the fundamental issue here, it is that inflation 191 00:11:01,880 --> 00:11:05,320 is getting out of control, that there is a small cabal of people 192 00:11:05,320 --> 00:11:07,040 in control of the money supply. They are. 193 00:11:07,040 --> 00:11:09,040 They're printing our savings away. 194 00:11:09,760 --> 00:11:12,160 They're debasing currencies all around the world. 195 00:11:12,160 --> 00:11:16,160 The financial system is having trouble and they would like us 196 00:11:16,160 --> 00:11:20,400 to believe that you can control a complex system such as the 197 00:11:20,400 --> 00:11:24,120 economy. Well, considering that our news 198 00:11:24,120 --> 00:11:28,240 is going to be very Elizabeth Warren centric, I thought it was 199 00:11:28,240 --> 00:11:31,080 a good idea to play this video here and you can see this Nico 200 00:11:31,080 --> 00:11:34,520 posted this this morning and I love the context, Here it goes. 201 00:11:34,720 --> 00:11:37,840 The problem that Bitcoin solves is protecting individuals from 202 00:11:37,840 --> 00:11:40,640 currency debasement. Senator Warren, I bet you don't 203 00:11:40,640 --> 00:11:45,240 have the answer to that. Well, in this video Elizabeth 204 00:11:45,240 --> 00:11:48,320 Warren directly talks about CBDC's. 205 00:11:48,320 --> 00:11:51,440 As you guys know CBDC stands for central bank digital currencies, 206 00:11:51,440 --> 00:11:54,680 but really it stands for central bank digital control mechanisms. 207 00:11:55,120 --> 00:11:59,600 And she does her best to gaslight the normie into 208 00:12:00,240 --> 00:12:03,080 believing that there is no reason for Bitcoin. 209 00:12:03,240 --> 00:12:07,960 And the goal of this show is constantly to show the hypocrisy 210 00:12:08,200 --> 00:12:12,080 and to show the real signal. The real reason why we want 211 00:12:12,080 --> 00:12:15,600 Bitcoin is so that they cannot steal our wealth, so that we 212 00:12:15,600 --> 00:12:18,200 have a censorship resistant money, a digital money for the 213 00:12:18,200 --> 00:12:21,680 digital world, something that is hard capped, that these 214 00:12:21,880 --> 00:12:25,360 politicians, central bankers, bureaucrats cannot just print 215 00:12:25,360 --> 00:12:28,920 into Infinity, destroy our purchasing power because we know 216 00:12:29,000 --> 00:12:33,000 no they have to keep printing to keep the game going. 217 00:12:33,000 --> 00:12:36,800 Well, let's listen to Elizabeth Warren and let's see her try to 218 00:12:36,840 --> 00:12:40,560 answer this question. That banks do wrong. 219 00:12:41,120 --> 00:12:46,000 If you think we could improve that in a digital world, the 220 00:12:46,000 --> 00:12:49,000 answer's sure you could. But in that case, let's do a 221 00:12:49,040 --> 00:12:51,240 central bank digital currency. Are you there? 222 00:12:51,800 --> 00:12:55,320 Oh, for a central bank digital currency, Yes, I think it's time 223 00:12:55,440 --> 00:12:57,280 for us to. So essentially because we're, 224 00:12:57,840 --> 00:13:00,480 you know, The thing is when you look at every piece of paper 225 00:13:00,480 --> 00:13:03,160 currency, we issue not with coins, but every paper currency 226 00:13:03,320 --> 00:13:06,760 has its own identity. So essentially we're prepared 227 00:13:06,760 --> 00:13:10,880 for the blockchain now with with currency, should that be how we 228 00:13:10,880 --> 00:13:14,240 build this? So I think of it as again, 229 00:13:14,280 --> 00:13:17,600 what's the problem you're trying to solve and if the problem 230 00:13:17,600 --> 00:13:22,680 you're trying to solve. Is fast, almost frictionless 231 00:13:22,800 --> 00:13:26,200 ability to send money across the country. 232 00:13:26,200 --> 00:13:28,760 Do it rapidly send it around the world. 233 00:13:28,960 --> 00:13:33,000 Be able to send it to your cousins in Argentina if that's 234 00:13:33,000 --> 00:13:35,680 what you're trying to solve. A central bank digital currency 235 00:13:35,680 --> 00:13:39,400 does that, and you don't really need a stable coin for that. 236 00:13:39,400 --> 00:13:42,080 You've already got a dollar denominated. 237 00:13:42,480 --> 00:13:44,880 You don't really need a Bitcoin to be able to get. 238 00:13:44,880 --> 00:13:48,560 So then the question becomes. So what is it that the Bitcoin? 239 00:13:48,560 --> 00:13:52,280 What problem is it solving for? And now we get into a very 240 00:13:52,680 --> 00:14:00,480 different space. Oh my goodness, Elizabeth 241 00:14:00,480 --> 00:14:03,520 Warren. Does it not solve the same exact 242 00:14:03,520 --> 00:14:07,200 problem that she's describing? It's like as if she's pretending 243 00:14:07,200 --> 00:14:11,280 that Bitcoin doesn't do this. It's like as if she's pretending 244 00:14:11,280 --> 00:14:14,240 that Bitcoin doesn't do this and more because you can't just 245 00:14:14,240 --> 00:14:17,200 print more Bitcoin. Yeah. 246 00:14:17,200 --> 00:14:21,480 And and really like it's funny how she keeps, oh, not only her, 247 00:14:21,680 --> 00:14:27,560 but it's funny how anyone that constantly talks spat against 248 00:14:27,560 --> 00:14:30,320 Bitcoin first and foremost, they always say Bitcoin instead of 249 00:14:30,320 --> 00:14:31,920 crypto. When they, when they talk about 250 00:14:31,920 --> 00:14:34,240 Bitcoin in general, they always use crypto. 251 00:14:34,360 --> 00:14:37,280 When they talk about Bitcoin as a negative, they always use 252 00:14:37,280 --> 00:14:39,280 Bitcoin. But I mean what she, what was 253 00:14:39,280 --> 00:14:41,040 she saying? You know, frictionless payments. 254 00:14:41,040 --> 00:14:42,720 Yes, this is all we're doing here. 255 00:14:43,160 --> 00:14:44,800 All we care about is digital payments. 256 00:14:44,920 --> 00:14:46,840 It's like no, the problem that Bitcoin solved. 257 00:14:47,080 --> 00:14:50,880 And and let me pull up Niko's tweet again because of course we 258 00:14:50,880 --> 00:14:54,840 we don't miss an opportunity to dunk on Elizabeth Warren here. 259 00:14:55,360 --> 00:14:58,120 The problem that Bitcoin solves is protecting individuals from 260 00:14:58,120 --> 00:14:59,760 currency to basement center Warren. 261 00:14:59,960 --> 00:15:03,680 And it's funny that they never touch on the inflation problem. 262 00:15:03,880 --> 00:15:07,960 They always talk about interoperability, you know, oh 263 00:15:07,960 --> 00:15:10,400 you can pay your your cousin in Argentina. 264 00:15:10,640 --> 00:15:13,520 Yeah the little little dude. Does she mention the fact that 265 00:15:13,520 --> 00:15:17,560 in Argentina's inflation rate is, what, 140% plus right now? 266 00:15:17,920 --> 00:15:21,240 She talked about stable coins. We know how much people enjoy 267 00:15:21,240 --> 00:15:23,920 stable coins because they are seemingly stable until they 268 00:15:23,920 --> 00:15:26,000 aren't. It's because we are just so 269 00:15:26,000 --> 00:15:29,000 enthralled in the Fiat world. We we are so entrenched with the 270 00:15:29,000 --> 00:15:33,120 idea that $1.00 equals $1.00 when in actuality what we're 271 00:15:33,120 --> 00:15:36,560 doing here is we want to hold something that cannot be debased 272 00:15:36,560 --> 00:15:39,360 by these people that is outside of their control, so that they 273 00:15:39,360 --> 00:15:42,560 cannot continue to fund all the crazy stuff they they want to 274 00:15:42,560 --> 00:15:45,240 fund that they literally print money out of thin airs to 275 00:15:45,600 --> 00:15:49,160 continue to do. And it's just ironic, or rather 276 00:15:49,160 --> 00:15:52,360 hilarious that Elizabeth Warren doesn't touch on the fundamental 277 00:15:52,360 --> 00:15:54,120 problem. She always reframes the 278 00:15:54,120 --> 00:15:57,520 conversation into something that is not even why we're doing 279 00:15:57,520 --> 00:15:59,600 here. Like literally guys, everyone in 280 00:15:59,600 --> 00:16:02,560 the chat here for the most part could get on Zelle or Venmo or 281 00:16:02,560 --> 00:16:06,480 Cash app or what? At PayPal we all could have 282 00:16:06,480 --> 00:16:09,840 frictionless digital payments. But I find it hilarious that she 283 00:16:09,840 --> 00:16:13,400 not only touched on CBDC's, but she says we don't even need 284 00:16:13,400 --> 00:16:15,320 Bitcoin. Just trust us bro, we know what 285 00:16:15,320 --> 00:16:17,800 we're going to do here. Like we got your best interest 286 00:16:17,800 --> 00:16:19,760 in mind. A CBDC will solve all your 287 00:16:19,760 --> 00:16:24,120 problems and it just goes to show that this is the framing 288 00:16:24,120 --> 00:16:25,800 that they will be using moving forward. 289 00:16:25,800 --> 00:16:28,280 They're going to try to gaslight as many people as possible. 290 00:16:28,960 --> 00:16:31,360 They're going to try to scare people out of Bitcoin, which 291 00:16:31,360 --> 00:16:33,800 we're going to show in the news what they're doing. 292 00:16:34,080 --> 00:16:37,680 But it's just it's absolutely hilarious that Elizabeth Warren 293 00:16:37,880 --> 00:16:39,720 doesn't like Bitcoin, but what does she like? 294 00:16:40,160 --> 00:16:43,840 Oh, she likes ACBDC, Like you couldn't make this stuff up. 295 00:16:43,840 --> 00:16:46,800 These are the people that these are your betters, quote, UN 296 00:16:46,800 --> 00:16:48,280 quote, that know what's best for you. 297 00:16:48,280 --> 00:16:51,760 It's oh man, it's it's absolutely incredible that that 298 00:16:51,760 --> 00:16:52,840 this is where we are on the story. 299 00:16:52,840 --> 00:16:54,880 Anyways, Sophie, you have any other thoughts on this? 300 00:16:55,880 --> 00:16:59,120 Well, what I want to know is what the government is going to 301 00:16:59,120 --> 00:17:03,320 do and what Elizabeth Warren is going to say when they do create 302 00:17:03,320 --> 00:17:05,880 a CDBC. And ultimately they'll have to 303 00:17:05,880 --> 00:17:09,400 be a lot more transparent about the times that they print money 304 00:17:09,760 --> 00:17:11,920 because everybody will be able to see it. 305 00:17:12,240 --> 00:17:15,359 It's not like they can just, you know, do it and then all of a 306 00:17:15,359 --> 00:17:18,200 sudden it pops up on some obscure chart. 307 00:17:18,200 --> 00:17:21,960 It's like no, as you're buying the CDBC on whatever exchange or 308 00:17:21,960 --> 00:17:25,680 whatever platform on Fed now. You're going to be able to see 309 00:17:25,680 --> 00:17:28,400 that the market cap is just increasing and increasing and 310 00:17:28,400 --> 00:17:33,120 increasing and that your value the your the the value of your 311 00:17:33,120 --> 00:17:35,520 money is just going down and down and down. 312 00:17:36,200 --> 00:17:40,080 Bitcoin doesn't do that. You will never see bitcoins. 313 00:17:41,160 --> 00:17:46,720 Bitcoins supply increase unlike with a CDBC, and furthermore 314 00:17:46,880 --> 00:17:51,320 they're going to be able to control how much you spend on 315 00:17:51,320 --> 00:17:53,600 certain things. Say that they. 316 00:17:54,080 --> 00:17:58,720 Say that they pass certain laws on, you know, how much you can 317 00:17:58,720 --> 00:18:01,360 spend on gas. If they in the future, they 318 00:18:01,400 --> 00:18:04,520 won't do this now, but little by little they'll start incepting 319 00:18:04,520 --> 00:18:07,600 the public and telling them, oh, like maybe, you know, we we're 320 00:18:07,600 --> 00:18:12,480 going to put a cap on gas. So the amount of CDBCS that you 321 00:18:12,480 --> 00:18:17,080 can spend on gas this month has been limited, and you no longer 322 00:18:17,080 --> 00:18:20,960 have free reign to spend on whatever you want. 323 00:18:21,520 --> 00:18:25,080 That is, the danger of CDB CS is that they'll be able to not only 324 00:18:25,080 --> 00:18:29,240 see what you spend, but control how much you're able to spend. 325 00:18:29,280 --> 00:18:31,040 And that is very, very dangerous. 326 00:18:31,760 --> 00:18:34,120 Yeah. And I mean like pushing back a 327 00:18:34,120 --> 00:18:37,320 little bit on what you said. So they, they will not open 328 00:18:37,320 --> 00:18:40,520 source their CBDC that that won't be free flowing 329 00:18:40,520 --> 00:18:43,520 information because of course it's always rules for thee but 330 00:18:43,520 --> 00:18:45,960 not for thee. Or rules for, yeah, rules for 331 00:18:45,960 --> 00:18:48,840 thee, but not for me. And they will just make sure 332 00:18:48,840 --> 00:18:52,760 that you don't peek behind the veil, because you know the 333 00:18:52,760 --> 00:18:56,120 wizard, the Wizard of Elizabeth Warren knows best. 334 00:18:56,120 --> 00:18:59,080 So here we are. We know what they want to do. 335 00:18:59,080 --> 00:19:00,440 They want to control everything about you. 336 00:19:00,560 --> 00:19:03,240 And This is why we Bitcoin guys anyways. 337 00:19:03,440 --> 00:19:06,280 Yeah, it just it just goes to show that there is no second 338 00:19:06,280 --> 00:19:08,320 best. It just goes to show that you 339 00:19:08,320 --> 00:19:10,360 know there is. You're not going to be able to 340 00:19:10,360 --> 00:19:13,720 compete with Bitcoin on that level because people are going 341 00:19:13,720 --> 00:19:16,560 to wake up. This isn't like the 80s or the 342 00:19:16,560 --> 00:19:20,160 70s where people didn't have access to information now. 343 00:19:20,240 --> 00:19:24,160 We have the Internet now. We can see the blockchain, we 344 00:19:24,160 --> 00:19:29,080 can see exactly who is not who, but what transactions are 345 00:19:29,080 --> 00:19:32,320 happening and you cannot be cheated. 346 00:19:32,520 --> 00:19:35,840 So if they're not giving you that information, you can 347 00:19:35,840 --> 00:19:38,040 actually. You know the like. 348 00:19:38,640 --> 00:19:41,280 You're going to choose Bitcoin. You're going to choose a better 349 00:19:41,280 --> 00:19:44,080 system. Yeah, you are right on. 350 00:19:44,120 --> 00:19:47,160 It is all about control, hence why I keep saying it is not a 351 00:19:47,160 --> 00:19:49,240 CBDC central bank digital currency. 352 00:19:49,240 --> 00:19:51,680 It is central bank digital control mechanism. 353 00:19:51,960 --> 00:19:56,160 Anyways guys, we want to see you in Nashville. 354 00:19:56,160 --> 00:20:00,320 We are going to take over Nashville next year, July 25th, 355 00:20:00,320 --> 00:20:05,000 27th of 2024. At the Bitcoin conference, we 356 00:20:05,000 --> 00:20:07,760 want to see you there, You guys say every single year. 357 00:20:07,880 --> 00:20:10,960 And I and I constantly say this because I always hear it like, 358 00:20:11,040 --> 00:20:12,400 oh, the price isn't too expensive. 359 00:20:12,400 --> 00:20:14,360 We'll get your ticket. Now because you're going to FOMO 360 00:20:14,360 --> 00:20:17,400 into the conference, you can use promo code simply on their 361 00:20:17,400 --> 00:20:20,680 website and get a discount. We will see you in Nashville. 362 00:20:20,680 --> 00:20:23,480 Can't wait to get in Nashville, TN. 363 00:20:23,480 --> 00:20:26,400 I haven't been there before and I I keep hearing all the Bitcoin 364 00:20:26,400 --> 00:20:29,560 media guys over there telling me that it's the place to be. 365 00:20:29,560 --> 00:20:31,880 So we'll see you July 25th through the 27th. 366 00:20:33,400 --> 00:20:36,400 Let me take over. Anyways, guys, let's get in to 367 00:20:36,440 --> 00:20:43,920 the news. The Daily News. 368 00:20:45,480 --> 00:20:49,080 I want to give a shout out to our sponsor, Foundation Devices. 369 00:20:49,320 --> 00:20:52,560 It's self custody done right? They built a premium grade 370 00:20:52,560 --> 00:20:56,000 hardware wallet called Passport right here in the US. 371 00:20:56,000 --> 00:20:58,360 It's fully open source and verifiable. 372 00:20:58,520 --> 00:21:02,040 It's the most intuitive Bitcoin wallet designed with the UX, 373 00:21:02,040 --> 00:21:04,600 reminiscent of a simple feature phone. 374 00:21:05,120 --> 00:21:07,440 So you will know how to navigate it and use it the moment you 375 00:21:07,440 --> 00:21:10,280 pick it up. Get your Bitcoin off exchanges 376 00:21:10,280 --> 00:21:13,040 and into your into your own hands in just a few minutes. 377 00:21:13,040 --> 00:21:16,080 Experience the Peace of Mind that comes with taking ownership 378 00:21:16,120 --> 00:21:19,080 of your own keys. After a massive sell out during 379 00:21:19,080 --> 00:21:23,080 Bitcoin Miami 2023, the passport is back in stock at 380 00:21:23,080 --> 00:21:26,800 foundationdevices.com. Bitcoin only, open source, 381 00:21:26,800 --> 00:21:30,760 verifiable completely air gap, security model, gorgeous design, 382 00:21:30,760 --> 00:21:34,080 craft, premium grade materials if you're thinking about getting 383 00:21:34,080 --> 00:21:36,720 your Bitcoin off exchange. Changes, this is the one for 384 00:21:36,720 --> 00:21:38,760 you. Check out the passport link in 385 00:21:38,760 --> 00:21:40,760 the show notes below to learn more. 386 00:21:42,640 --> 00:21:46,680 Or I've always said this is just scan the QR code, let's see this 387 00:21:46,760 --> 00:21:51,600 say it say itself. This is the sexiest wallet that 388 00:21:51,600 --> 00:21:53,320 you will ever own. Look at this. 389 00:21:53,320 --> 00:21:55,720 It's giving Nokia. It's giving small. 390 00:21:55,840 --> 00:21:59,760 It's giving camera high tech. You're not going to need another 391 00:21:59,760 --> 00:22:01,120 another wallet. This is it. 392 00:22:01,120 --> 00:22:03,400 This is. Even your boomer parents can use 393 00:22:03,400 --> 00:22:07,320 this. So scan the QR code, use the 394 00:22:07,320 --> 00:22:10,840 code simply, and let's get on with the news. 395 00:22:11,280 --> 00:22:11,560 Wow. Wow. 396 00:22:11,560 --> 00:22:13,680 You know, Sophie, we need you to redo that ad. 397 00:22:13,960 --> 00:22:14,760 Absolutely. Code it. 398 00:22:14,800 --> 00:22:16,800 All right, all right. Anyways, guys, let's get into 399 00:22:16,800 --> 00:22:18,320 some serious talk here. OK? 400 00:22:18,320 --> 00:22:23,320 So I'm going to go into a lot of the weeds here. 401 00:22:23,320 --> 00:22:27,160 I'm going to go in depth on this topic of of course. 402 00:22:27,200 --> 00:22:30,800 Binance getting slapped with $4.3 billion settlement. 403 00:22:30,800 --> 00:22:33,640 CZ getting stepping down. I wouldn't say fired. 404 00:22:33,640 --> 00:22:37,760 He's stepping down from his CEO position, but I want to start 405 00:22:37,840 --> 00:22:41,240 with a clip from this press release and you can see here is 406 00:22:41,320 --> 00:22:44,040 it was posted on the SWAN account, the DOJ press release, 407 00:22:44,560 --> 00:22:47,040 full statements from Attorney General Merrick Garland, 408 00:22:47,040 --> 00:22:49,880 Security of the Treasury, Janet Yellen, Deputy Attorney General 409 00:22:49,880 --> 00:22:55,440 Lisa Monaco and Chairman Roston Ben Benham of the CFTC in 410 00:22:55,440 --> 00:23:01,640 regards to this Binance news. And remember what I said, what 411 00:23:01,640 --> 00:23:06,320 we've been saying on the show. Remember the tornado cash story? 412 00:23:06,320 --> 00:23:09,520 Remember the Hamas story from the Wall Street Journal? 413 00:23:09,680 --> 00:23:14,640 Remember the Finn Send proposals and all this is happening in a 414 00:23:14,680 --> 00:23:17,120 relatively short time at the very end of the year. 415 00:23:17,440 --> 00:23:22,080 Well, just listen to this opening statement here and make 416 00:23:22,080 --> 00:23:25,920 up your mind for yourself of where they are trying to angle 417 00:23:25,920 --> 00:23:27,280 this. What precedent are they? 418 00:23:27,640 --> 00:23:30,760 Are they setting by taking down Binance? 419 00:23:30,760 --> 00:23:33,720 What is the end goal? Don't just look one step up 420 00:23:33,720 --> 00:23:36,000 ahead 'cause that is playing checkers, guys. 421 00:23:36,000 --> 00:23:39,160 We're playing 5D chess here and we've been covering it all year 422 00:23:39,160 --> 00:23:41,880 that we are in the then they fight you stage. 423 00:23:42,080 --> 00:23:45,640 It's not a direct attack on Bitcoin, but they are doing 424 00:23:45,640 --> 00:23:48,320 their best to maintain the regulatory mode. 425 00:23:48,320 --> 00:23:52,320 So let's watch this two-minute clip as a lot being said in here 426 00:23:52,320 --> 00:23:55,320 and you can hear it for themselves, what they want to do 427 00:23:55,320 --> 00:24:01,320 and their framing. Nance has agreed to plead guilty 428 00:24:01,320 --> 00:24:05,560 to willfully violating the Bank Secrecy Act, knowingly failing 429 00:24:05,560 --> 00:24:09,240 to register as a money transmitting business, and 430 00:24:09,240 --> 00:24:12,000 willfully violating the International Emergency Economic 431 00:24:12,000 --> 00:24:15,360 Powers Act. These laws ensure that our 432 00:24:15,360 --> 00:24:18,680 financial institutions are not available to designated 433 00:24:18,680 --> 00:24:22,680 terrorist organizations, drug traffickers and sanctioned 434 00:24:22,680 --> 00:24:26,440 nation states that threaten public safety and our national 435 00:24:26,440 --> 00:24:29,160 security. The Justice Department is 436 00:24:29,160 --> 00:24:35,000 requiring Binance to pay $4.3 billion in penalties and 437 00:24:35,000 --> 00:24:37,760 forfeitures. This is one of the largest 438 00:24:37,760 --> 00:24:41,880 penalties we have ever obtained from a corporate defendant in a 439 00:24:41,880 --> 00:24:45,200 criminal matter. The Justice Department is also 440 00:24:45,200 --> 00:24:48,840 imposing A monitorship as well as reporting requirements on 441 00:24:48,840 --> 00:24:51,360 Binance as part of today's resolution. 442 00:24:52,040 --> 00:24:55,280 Moving forward, Binance must file the Suspicious Activity 443 00:24:55,280 --> 00:24:57,600 Reports. That were required by law. 444 00:24:58,200 --> 00:25:01,800 The company is required to review past transactions and 445 00:25:01,800 --> 00:25:05,080 report suspicious activity to federal authorities. 446 00:25:05,520 --> 00:25:08,680 This will advance our criminal investigations into malicious 447 00:25:08,680 --> 00:25:12,840 cyber activity and terrorism fundraising, including the use 448 00:25:12,840 --> 00:25:17,400 of cryptocurrency exchanges to support groups such as Hamas. 449 00:25:18,640 --> 00:25:20,920 While this historic plea is an important measure of 450 00:25:20,920 --> 00:25:25,160 accountability, we know that corporations only act through 451 00:25:25,160 --> 00:25:29,400 the individuals who run them. That is why we have also filed A 452 00:25:29,400 --> 00:25:34,080 felony charge against and secured a guilty plea from Chang 453 00:25:34,080 --> 00:25:37,880 Peng Zhao for willfully violating the Bank's Secrecy 454 00:25:37,880 --> 00:25:42,120 Act. As CEO of Finance, Zhao 455 00:25:42,120 --> 00:25:44,880 willfully violated federal law that requires financial 456 00:25:44,880 --> 00:25:47,680 institutions to guard against the money laundering. 457 00:25:48,040 --> 00:25:53,160 And terrorist financing. Zhao resides outside of the 458 00:25:53,160 --> 00:25:57,360 United States, entered his plea in person in the United States 459 00:25:57,360 --> 00:26:00,720 District Court for the Western District of Washington earlier 460 00:26:00,720 --> 00:26:03,160 today. All right guys. 461 00:26:03,160 --> 00:26:08,400 So I think it's pretty fair to say that just covering the CZ 462 00:26:08,400 --> 00:26:11,840 Binance news, it it's kind of noise if if we're really talking 463 00:26:11,840 --> 00:26:14,400 about you know we do our best to avoid the the shit coin 464 00:26:14,400 --> 00:26:16,600 channels, the shit coin exchanges. 465 00:26:16,840 --> 00:26:21,520 But I think the important signal here is the framing. 466 00:26:21,520 --> 00:26:29,800 So before I get into digesting the framing here, investigating 467 00:26:29,800 --> 00:26:32,040 what they're saying, let's read their press release coming out 468 00:26:32,040 --> 00:26:34,240 the US Department of the Treasury Think there's a lot of 469 00:26:34,240 --> 00:26:35,920 signal here. It will be a little more reading 470 00:26:35,920 --> 00:26:39,280 than usual, but there's a lot that we need to cover just from 471 00:26:39,280 --> 00:26:42,040 this press release alone. So the headline is U.S. 472 00:26:42,040 --> 00:26:44,840 Treasury announces largest settlement in history with 473 00:26:44,840 --> 00:26:48,680 world's largest virtual currency exchange finance for violations 474 00:26:48,680 --> 00:26:51,640 of US anti money laundering and sanctions law. 475 00:26:51,920 --> 00:26:56,000 And you can see here the first first sentence here is Fencen 476 00:26:56,000 --> 00:27:01,360 settlement of $3.4 billion and OFAC settlement of $968 million 477 00:27:01,360 --> 00:27:05,360 are the largest for each IRS criminal investigation leads to 478 00:27:05,360 --> 00:27:09,680 Department of Justice action. So going into the press release, 479 00:27:09,680 --> 00:27:11,800 the US Department of the Treasury through the Financial 480 00:27:11,800 --> 00:27:14,440 Crimes Enforcement Network, Vincent, the Office of Foreign 481 00:27:14,440 --> 00:27:17,800 Asset Control and IRS Criminal Investigation has taken 482 00:27:17,800 --> 00:27:21,320 unprecedented action to hold Binance Holding Ltd and its 483 00:27:21,320 --> 00:27:24,800 affiliates, collectively Binance accountable for violations of 484 00:27:24,960 --> 00:27:28,560 the US anti money laundering and sanctions law that protect 485 00:27:28,560 --> 00:27:31,520 American National security and the integrity of the 486 00:27:31,520 --> 00:27:34,880 international financial system. Binance is the world's largest 487 00:27:35,320 --> 00:27:38,720 virtual currency exchange, responsible for an estimated 60% 488 00:27:38,720 --> 00:27:41,000 of centralized virtual currency spot trading. 489 00:27:41,320 --> 00:27:44,320 Today, Binance settled with Fencen and OFAC for violations 490 00:27:44,320 --> 00:27:47,640 of the Bank Secrecy Act and apparent violations of multiple 491 00:27:47,640 --> 00:27:50,440 sanctions programs. The violations include failure 492 00:27:50,440 --> 00:27:53,200 to implement programs to prevent and report suspicious 493 00:27:53,200 --> 00:27:56,240 transactions with terrorists, including Hamas, Al Qassam 494 00:27:56,240 --> 00:27:59,840 Brigades, Palestinian Islamic Jihad, al Qaeda data, and the 495 00:27:59,840 --> 00:28:03,640 Islamic State of Iraq and Syria ransomware, attackers, money 496 00:28:03,640 --> 00:28:06,360 launderers, and other criminals, as well as matching trades 497 00:28:06,360 --> 00:28:09,880 between US users and those in sanctioned jurisdictions like 498 00:28:09,880 --> 00:28:13,840 Iran, North Korea, Syria, and the Crimea region of Ukraine. 499 00:28:14,040 --> 00:28:17,240 By failing to comply with AML and sanctions obligations, 500 00:28:17,680 --> 00:28:20,560 finance enabled a range of illicit actors to transact 501 00:28:20,560 --> 00:28:23,240 freely on the platform. Today's settlements are part of 502 00:28:23,240 --> 00:28:26,680 a global agreement simultaneous with finance resolution of 503 00:28:26,680 --> 00:28:29,360 related matters with the Department of Justice and the 504 00:28:29,360 --> 00:28:30,960 Commodities Futures Trading Commission. 505 00:28:31,400 --> 00:28:34,360 Finance turned a blind eye to its legal obligations in the 506 00:28:34,360 --> 00:28:36,840 pursuit of profit. Its willful failures allowed 507 00:28:36,840 --> 00:28:39,880 money to flow to terrorists, cyber criminals and child 508 00:28:39,880 --> 00:28:43,640 abusers through its platform, said Secretary of Treasury Janet 509 00:28:43,640 --> 00:28:46,760 L Yellen. Today's historic penalties and 510 00:28:46,760 --> 00:28:50,480 monitorship to ensure compliance with US laws and regulations 511 00:28:50,480 --> 00:28:53,320 mark a milestone for the virtual currency industry. 512 00:28:53,600 --> 00:28:56,640 Any institution, wherever located, that wants to reap the 513 00:28:56,640 --> 00:29:00,440 benefits of the US financial system must also play by the 514 00:29:00,440 --> 00:29:04,240 rules that keep us all safe from terrorists, foreign adversaries 515 00:29:04,360 --> 00:29:06,880 and crime or face the consequences. 516 00:29:07,040 --> 00:29:10,320 FinCEN Settlement Agreement assesses a civil money penalty 517 00:29:10,320 --> 00:29:14,960 of $3.4 billion, imposes A5 year monitorship and requires 518 00:29:14,960 --> 00:29:18,200 significant compliance undertakings, including to 519 00:29:18,200 --> 00:29:21,760 ensure finance's complete exit from the United States. 520 00:29:22,160 --> 00:29:24,920 OFAC settlement agreement assesses a penalty of 521 00:29:24,920 --> 00:29:29,600 $968,000,000 and requires finance to abide by series of 522 00:29:29,600 --> 00:29:33,200 robust sanctions compliance obligations, including full 523 00:29:33,200 --> 00:29:36,440 cooperation with the monitor ship overseen by Fencen. 524 00:29:36,680 --> 00:29:39,520 To ensure that Binance fulfills the terms of its settlement, 525 00:29:39,520 --> 00:29:42,760 including that it does not offer services to US persons and to 526 00:29:42,760 --> 00:29:45,320 ensure that illicit activity is addressed. 527 00:29:45,560 --> 00:29:48,960 Treasury will retain access to books, records, and systems of 528 00:29:48,960 --> 00:29:51,680 Binance for a period of five years through a monitor. 529 00:29:52,080 --> 00:29:54,920 Failure to live up to these obligations could expose Binance 530 00:29:54,920 --> 00:29:59,000 to substantial additional penalties, including a 150 531 00:29:59,160 --> 00:30:02,320 $1,000,000 suspended penalty which would be collected by 532 00:30:02,320 --> 00:30:04,880 Fencen if finance fails to comply with the terms of the 533 00:30:04,880 --> 00:30:07,520 required compliance undertakings and monitorship. 534 00:30:07,840 --> 00:30:10,880 The Monitor will oversee remedial undertakings necessary 535 00:30:10,880 --> 00:30:13,520 to address Finance's failure to comply with his anti money 536 00:30:13,520 --> 00:30:15,160 laundering and sanctions obligation. 537 00:30:15,360 --> 00:30:18,280 The Monitor will also conduct periodic reviews and report the 538 00:30:18,280 --> 00:30:21,960 Fencen O FAC and the CFTC on its findings and recommendations to 539 00:30:21,960 --> 00:30:25,400 ensure Finance's ongoing compliance with the terms of the 540 00:30:25,400 --> 00:30:28,480 settlement agreement. Today's unprecedented actions 541 00:30:28,480 --> 00:30:31,120 under SCORE Treasury's committing to promoting 542 00:30:31,120 --> 00:30:34,240 compliance within the virtual currency industry, including by 543 00:30:34,240 --> 00:30:36,640 actively enforcing AML and sanctions law. 544 00:30:36,880 --> 00:30:39,440 Treasury's authorities to enforce those laws abroad 545 00:30:39,440 --> 00:30:42,680 reaching a wide range of misconduct and can apply to both 546 00:30:42,920 --> 00:30:45,400 US and foreign persons wherever located. 547 00:30:45,400 --> 00:30:48,320 Virtual currency exchanges and financial technology firms 548 00:30:48,320 --> 00:30:51,840 should, like any other financial institution ensure that they 549 00:30:51,840 --> 00:30:55,760 adopt A managerial commitment to compliance at the very top and 550 00:30:55,760 --> 00:30:59,080 that risk based programs and controls are integrated effect 551 00:30:59,160 --> 00:31:02,720 actively into their platforms and technology from day one. 552 00:31:03,000 --> 00:31:06,400 Treasury work, and this is I think this is a nugget here as 553 00:31:06,400 --> 00:31:07,960 well. Treasury work closely with 554 00:31:07,960 --> 00:31:11,120 counterparts at DOJ, including the Criminal Divisions Money 555 00:31:11,120 --> 00:31:13,760 Laundering and Asset Recovery Section, the National Securities 556 00:31:13,760 --> 00:31:17,680 Divisions Counterintelligence and Export Control Section, and 557 00:31:17,680 --> 00:31:20,320 the US Attorneys Office for Western District of Washington, 558 00:31:20,320 --> 00:31:24,960 as well as the CFTC, a three-year coordinated action by 559 00:31:24,960 --> 00:31:28,640 basically every ABC institution that America has. 560 00:31:29,200 --> 00:31:31,680 Anyways, there you hear their framing. 561 00:31:31,680 --> 00:31:34,840 But I want to point out a few things that Fencen is arguing 562 00:31:34,840 --> 00:31:40,440 here, and it is the reasons for them clamping down on Binance. 563 00:31:40,440 --> 00:31:44,800 And you can see it here guys. It goes as a money service 564 00:31:44,800 --> 00:31:46,440 business. Binance was required to report 565 00:31:46,440 --> 00:31:48,720 suspicious transactions to Fencen through Suspicious 566 00:31:48,720 --> 00:31:52,280 Activity Reports, AKA SARS. Fencen's investigation revealed 567 00:31:52,280 --> 00:31:54,960 that Binance, former chief compliance officer, told 568 00:31:54,960 --> 00:31:58,080 personnel that the CE OS policy was not to report such activity. 569 00:31:58,280 --> 00:32:01,080 And Binance never filed a single SAR with Fencen, and finance 570 00:32:01,080 --> 00:32:03,840 willfully failed to report well over 100,000 suspicious 571 00:32:03,840 --> 00:32:07,200 transactions that it processed as a result of its deficient 572 00:32:07,200 --> 00:32:09,440 controls, including transactions involving terrorist 573 00:32:09,440 --> 00:32:12,800 organizations, ransomware, child sexual exploitation, material 574 00:32:12,800 --> 00:32:15,360 frauds, and scams. And here they lifted listed them 575 00:32:15,360 --> 00:32:17,240 all out. Terrorist financing finance 576 00:32:17,240 --> 00:32:19,760 failed to report to fencing transactions associated with 577 00:32:19,760 --> 00:32:22,920 terrorist groups including Al Qaeda, the Islamic State of Iraq 578 00:32:22,920 --> 00:32:27,480 and Syria, AKA ISIS, Hamas, Al Qassam Brigades, and Palestinian 579 00:32:27,480 --> 00:32:29,840 Islamic Jihad. There was ransomware. 580 00:32:29,840 --> 00:32:32,960 Despite being one of the largest receivers of ransomware proceeds 581 00:32:33,080 --> 00:32:35,800 and transacting in millions of dollars of ransomware proceeds 582 00:32:35,800 --> 00:32:38,120 from attacks involving at least 24 different strains of 583 00:32:38,120 --> 00:32:40,360 ransomware, binets failed to report these transactions. 584 00:32:40,720 --> 00:32:43,320 Child sexual abuse materials. Binets never reported 585 00:32:43,320 --> 00:32:46,080 transactions with websites devoted to selling child sexual 586 00:32:46,080 --> 00:32:49,880 abuse materials, including dark sandals and dark neck markets, 587 00:32:49,880 --> 00:32:52,800 scams and other illicit activity despite sending and receiving 588 00:32:52,800 --> 00:32:56,040 virtual assets. Proceeds from large scale hacks. 589 00:32:56,040 --> 00:32:59,280 Account takeovers in dark net markets dealing in illegal 590 00:32:59,280 --> 00:33:01,640 narcotics? Counterfeit and fraud related 591 00:33:01,640 --> 00:33:04,560 goods and services as well as other illegal contraband by Nets 592 00:33:04,560 --> 00:33:07,360 never reported any such transactions. 593 00:33:07,360 --> 00:33:11,120 And the next one with OFAC is about sanctions and they talk 594 00:33:11,120 --> 00:33:15,360 about the how they had to work together with the criminal 595 00:33:15,360 --> 00:33:17,240 investigation of the IRS to make this happen. 596 00:33:17,480 --> 00:33:21,080 But the signal is very clear and Janet Yellen said this again in 597 00:33:21,080 --> 00:33:22,720 the press release. If you guys want to watch the 598 00:33:22,720 --> 00:33:25,920 whole video, I can drop the the, the the link in the show notes 599 00:33:25,920 --> 00:33:28,640 for you guys. But Janet Yellen says if you 600 00:33:28,640 --> 00:33:31,520 want to operate in the US, they must play by the rules and if 601 00:33:31,520 --> 00:33:33,640 they do not, the US will take action. 602 00:33:33,800 --> 00:33:37,800 It is becoming very clear that they are coming after not only 603 00:33:37,800 --> 00:33:42,200 shit coiners or unregistered securities, but Bitcoin in 604 00:33:42,200 --> 00:33:44,880 general. We've been covering this in the 605 00:33:45,040 --> 00:33:49,480 in the EU, everywhere around the world, they do not want an 606 00:33:49,480 --> 00:33:53,280 escape route, they do not want an exit hatch because they know 607 00:33:53,280 --> 00:33:56,800 that once people escape, they are not coming back and the only 608 00:33:56,800 --> 00:33:59,160 thing they really have is the control of information and the 609 00:33:59,160 --> 00:34:03,560 control of your transactions. Again, as I always say, it's all 610 00:34:03,560 --> 00:34:05,320 about the money. It's always been about the money 611 00:34:05,320 --> 00:34:08,560 and money is always the funnel that gets clamped down. 612 00:34:08,560 --> 00:34:12,840 And I have here CZS tweet where he talked about him leaving 613 00:34:12,960 --> 00:34:14,400 Binance. You guys could read this on 614 00:34:14,400 --> 00:34:18,159 Twitter but I think it's very interesting that at the very 615 00:34:18,159 --> 00:34:22,040 bottom it here is CZS you know claim to fame here. 616 00:34:22,040 --> 00:34:24,520 He's like I can't see myself being Aceo during a start up 617 00:34:24,520 --> 00:34:27,639 again. I may be opening some coaching, 618 00:34:27,639 --> 00:34:29,800 some mentoring. If for nothing else I can at 619 00:34:29,800 --> 00:34:33,480 least tell them what not to do. On that note, I am proud to 620 00:34:33,480 --> 00:34:35,440 point out that in our resolutions with the US 621 00:34:35,440 --> 00:34:38,400 agencies, they do not allege that Binance misappropriated any 622 00:34:38,400 --> 00:34:41,560 user funds and do not allege the Binance engaged any market 623 00:34:41,560 --> 00:34:44,239 manipulation. Your funds are SAFU, which I 624 00:34:44,239 --> 00:34:48,040 think is him kind of differentiating himself from FX 625 00:34:48,040 --> 00:34:50,320 and that whole debacle. Well, this is a totally 626 00:34:50,320 --> 00:34:54,360 different beast I would say. You know, I'm not a big fan of 627 00:34:54,360 --> 00:34:58,840 CZ, of finance, of shit hornery in general, but it's becoming 628 00:34:58,840 --> 00:35:03,200 very obvious that this is some precedent that is being set by 629 00:35:03,200 --> 00:35:07,240 the DOJ, the Department of Treasury, FinCEN, OFAC to 630 00:35:07,240 --> 00:35:10,720 basically scare everyone into compliance to show that, hey, we 631 00:35:10,720 --> 00:35:12,480 still are the big dogs in the room. 632 00:35:13,080 --> 00:35:17,480 And if you want to have the US market, well, you're going to 633 00:35:17,480 --> 00:35:19,440 have to pay to play. And here we go. 634 00:35:19,920 --> 00:35:23,320 Apparently, Susie was released on $175 million bond. 635 00:35:23,320 --> 00:35:26,400 He will have to go to court eventually and we'll see how 636 00:35:26,400 --> 00:35:30,880 this all plays out. But the interesting nugget of 637 00:35:30,880 --> 00:35:35,720 all of this is the fact that we had the DOJ, the Department of 638 00:35:35,720 --> 00:35:41,880 Justice, CFTC, all of them frame that this big win of knocking 639 00:35:41,880 --> 00:35:44,160 down finance, making them pay. The largest settlement in 640 00:35:44,160 --> 00:35:49,520 history of getting CZ to step down was because of financing 641 00:35:49,520 --> 00:35:52,840 terrorism, of money laundering. And I've been saying this on the 642 00:35:52,840 --> 00:35:56,360 show for I don't even know how long now that they will use the 643 00:35:56,360 --> 00:36:00,280 same low hanging fruit examples of money money laundering, 644 00:36:01,000 --> 00:36:04,720 financing terrorism, you know, they even use child abuse 645 00:36:04,720 --> 00:36:06,760 material. They use ransomware. 646 00:36:06,760 --> 00:36:09,120 They use hacks. They're they're throwing 647 00:36:09,120 --> 00:36:12,760 everything they can to scare the normie away from Bitcoin to make 648 00:36:12,760 --> 00:36:15,720 it seem like everything we're doing here is nefarious. 649 00:36:15,720 --> 00:36:19,360 But I find it hilarious that the Wall Street Journal rolled out 650 00:36:19,360 --> 00:36:21,320 their own article by Nance Fender Chang. 651 00:36:21,320 --> 00:36:23,640 Peng Zhao agrees to step down, plead guilty. 652 00:36:23,680 --> 00:36:26,280 Zhao's crypto exchange will also admit wrongdoing and agree to 653 00:36:26,280 --> 00:36:31,040 pay $4.3 billion in fines. Well, this is what, a week or 654 00:36:31,040 --> 00:36:34,920 two after the fact that Wall Street Journal dropped this fake 655 00:36:34,920 --> 00:36:38,160 news article about Hamas militants behind Israel attack? 656 00:36:38,320 --> 00:36:41,960 There's millions in crypto that was fully debunked and I have 657 00:36:41,960 --> 00:36:45,920 Sam Callahan here. We covered this in the past, but 658 00:36:45,920 --> 00:36:50,680 it was confirmed that chain analysis just destroyed their 659 00:36:50,680 --> 00:36:52,840 numbers. It turns out that they said 660 00:36:52,840 --> 00:36:56,560 there was $82,000,000 that was used finance terrorist groups, 661 00:36:56,720 --> 00:37:01,320 but in reality it was a $450,000 that was used. 662 00:37:01,520 --> 00:37:06,960 And I'm not here to nitpick about what group is what and 663 00:37:06,960 --> 00:37:09,960 who's a terrorist or whatever. I am just here to point out the 664 00:37:09,960 --> 00:37:13,560 hypocrisy that they're still using the corporate press to 665 00:37:14,920 --> 00:37:18,080 implement things that go against our liberties, our freedoms. 666 00:37:18,080 --> 00:37:21,440 And it's just it's absolutely mind blowing that they reference 667 00:37:21,440 --> 00:37:25,560 Hamas and financing terrorism in this press release. 668 00:37:25,560 --> 00:37:28,520 When we know it was fake news, when we know it was completely 669 00:37:28,520 --> 00:37:31,680 debunked not only by chain analysis but by other companies 670 00:37:31,680 --> 00:37:35,120 by you know Sam Callahan did this great tweet and it just 671 00:37:35,120 --> 00:37:37,600 goes to show we we've been covering this since his news 672 00:37:37,600 --> 00:37:39,200 came out Reference Preston Pish again. 673 00:37:39,400 --> 00:37:43,320 Bitcoin is anti totalitarianism. How to protect financial freedom 674 00:37:43,320 --> 00:37:45,880 in an age of market manipulation and policy overreach. 675 00:37:45,880 --> 00:37:48,280 I'm just going to hit on a few points because there's there's 676 00:37:48,280 --> 00:37:51,800 so much here guys and and it just it really in my opinion 677 00:37:51,800 --> 00:37:55,680 trying to connect the dots. Hey this isn't so much about CZ 678 00:37:55,680 --> 00:37:58,880 getting kicked out of Binance. Binance paying a fine for 679 00:37:58,880 --> 00:38:01,680 skirting U.S. sanctions or regulations. 680 00:38:01,840 --> 00:38:05,400 This is about setting precedent so that they can come out after 681 00:38:05,520 --> 00:38:08,600 Bitcoin custody, Bitcoin exchanges, so that they can 682 00:38:08,600 --> 00:38:11,680 maintain the regulatory mode or as a lot of people are saying, 683 00:38:11,680 --> 00:38:13,680 so that they can clear out the amateurs, bring in the 684 00:38:13,680 --> 00:38:17,040 professionals, release their Bitcoin ETF and you know, trust 685 00:38:17,040 --> 00:38:19,720 BlackRock and all them with your Bitcoin ETF because they know 686 00:38:19,720 --> 00:38:21,760 what's better. They, you know, they know how to 687 00:38:21,760 --> 00:38:24,800 run finances better than you. It's it's not them that got us 688 00:38:24,800 --> 00:38:27,320 in this position. It's you know, Beyoncé and 689 00:38:27,320 --> 00:38:30,000 Taylor Swift that is causing inflation, everything else but 690 00:38:30,000 --> 00:38:32,880 the fact they are printing obscene amount of money. 691 00:38:33,040 --> 00:38:36,080 So let's get into this article from Bitcoin Magazine, Press and 692 00:38:36,080 --> 00:38:37,440 Pisco's. In the face of ongoing 693 00:38:37,440 --> 00:38:40,280 challenges to our cherished freedoms, it is imperative to 694 00:38:40,280 --> 00:38:42,960 critically examine the forces at play that threaten the very 695 00:38:42,960 --> 00:38:46,160 fabric of the Mac democracy. The ideals of freedom and open 696 00:38:46,160 --> 00:38:49,440 markets are at risk of being undermined by influential 697 00:38:49,440 --> 00:38:52,440 political forces seeking to impose oppressive order and 698 00:38:52,440 --> 00:38:55,200 control in the name of security. This article delves into the 699 00:38:55,200 --> 00:38:57,560 pressing need to fix our manipulated markets, protect 700 00:38:57,560 --> 00:39:00,960 Bitcoin and its inherent anti totalitarian qualities and and 701 00:39:00,960 --> 00:39:04,880 inform US policymakers that democratic values are what's at 702 00:39:04,880 --> 00:39:08,200 stake. And this was before we got 703 00:39:08,200 --> 00:39:09,880 these. I think this is actually right 704 00:39:09,880 --> 00:39:13,160 when we got the FinCEN proposal that we were covering this and 705 00:39:13,160 --> 00:39:15,960 you can see present pitches over the target, the newest assault 706 00:39:15,960 --> 00:39:18,840 on financial freedom in Bitcoin. In a recent letter from Senator 707 00:39:18,840 --> 00:39:21,680 Elizabeth Warren and numerous numerous Congressional members. 708 00:39:21,840 --> 00:39:24,400 They leverage International Crisis to further their own 709 00:39:24,400 --> 00:39:26,840 political agenda and curtail financial freedoms. 710 00:39:27,040 --> 00:39:29,760 Armed with a freshly published fake news article from Wall 711 00:39:29,760 --> 00:39:32,480 Street Journal that falsely suggests Hamas raise a 712 00:39:32,480 --> 00:39:35,440 significant sum of crypto funding to attack Israel, the 713 00:39:35,440 --> 00:39:38,960 truth couldn't be more obscured. The irony of this claim is that 714 00:39:38,960 --> 00:39:41,880 the public Bitcoin blockchain provides evidence that anyone 715 00:39:42,080 --> 00:39:45,240 can dispute, which is exactly what happened today following 716 00:39:45,240 --> 00:39:46,800 the senator's letter to the President. 717 00:39:46,800 --> 00:39:50,280 As I explained with Sam Callahan moving down a little bit, the 718 00:39:50,280 --> 00:39:53,240 narrative on what was actually released depends heavily on the 719 00:39:53,240 --> 00:39:56,080 news outlet or political interest one consults, often 720 00:39:56,080 --> 00:39:58,760 resulting in biased and self-serving points of view. 721 00:39:58,760 --> 00:40:02,440 The irony, the stark contrast between politically manipulated 722 00:40:02,440 --> 00:40:05,520 numbers and the transparent reality a public blockchain 723 00:40:05,520 --> 00:40:08,720 provides underscores the urgent need for thorough factual 724 00:40:08,720 --> 00:40:12,320 analysis and the adoption of publicly verifiable monetary 725 00:40:12,320 --> 00:40:13,520 units like. Bitcoin. 726 00:40:13,680 --> 00:40:16,360 Why is this so concerning? It's because the knee jerk 727 00:40:16,360 --> 00:40:19,440 policy reactions based on false information and poor reporting 728 00:40:19,440 --> 00:40:22,560 can have devastating long term impact to the US competitive 729 00:40:22,760 --> 00:40:25,280 economic position and more importantly the liberties and 730 00:40:25,280 --> 00:40:28,560 freedoms of the citizens and what appears to be a coordinated 731 00:40:28,560 --> 00:40:31,520 policy response. Now we know it was one day after 732 00:40:31,520 --> 00:40:34,200 Senator Warren's letter. the US Financial Crimes Enforcement 733 00:40:34,200 --> 00:40:37,520 Network, AKA Fencen, came out with a proposal for special 734 00:40:37,520 --> 00:40:40,280 measures regarding convertible virtual currency mixing and 735 00:40:40,280 --> 00:40:42,840 labeled it a primary money laundering concern. 736 00:40:43,040 --> 00:40:45,360 Based on all the information contained in the fence and 737 00:40:45,360 --> 00:40:49,240 proposal, it opens the door for expansive policy to infringe on 738 00:40:49,240 --> 00:40:51,520 the rights of individuals. For example, the increased 739 00:40:51,520 --> 00:40:54,040 surveillance and potential loss of privacy could subject 740 00:40:54,040 --> 00:40:57,960 individuals running Bitcoin full nodes to unprecedented security 741 00:40:58,680 --> 00:41:01,640 and again the last thing a call to action from press and pitch. 742 00:41:01,800 --> 00:41:04,160 So what do totalitarian governments embrace? 743 00:41:04,160 --> 00:41:06,640 They embrace control. Such a control is often 744 00:41:06,640 --> 00:41:09,400 established through small and incremental changes that mask a 745 00:41:09,400 --> 00:41:12,320 deeper trend and direction that citizens don't notice. 746 00:41:12,320 --> 00:41:15,400 As we are seeing happen in in real time, this progression 747 00:41:15,400 --> 00:41:17,720 ultimately leads to absolute control. 748 00:41:17,880 --> 00:41:20,520 Now, what is the paramount lever to pull if a government was 749 00:41:20,520 --> 00:41:23,640 interested in absolute control? That's right, the money. 750 00:41:23,640 --> 00:41:26,640 Because money is the energy that fuels every action and desire of 751 00:41:26,640 --> 00:41:27,800 the individual. Citizen. 752 00:41:28,040 --> 00:41:30,480 Therefore, let let me be very clear, you will not be a 753 00:41:30,520 --> 00:41:33,680 totalitarian government. By becoming more totalitarian, 754 00:41:33,880 --> 00:41:36,280 America was founded on the principle of individual rights 755 00:41:36,280 --> 00:41:38,280 and freedom. Those freedoms in turn created 756 00:41:38,280 --> 00:41:41,080 the strongest economy and most powerful nation on the planet. 757 00:41:41,360 --> 00:41:45,000 It is the very freedoms that are at risk with knee jerk policy 758 00:41:45,000 --> 00:41:48,040 decisions to remove your individual rights in the name of 759 00:41:48,040 --> 00:41:51,560 security and they very much did that. 760 00:41:51,560 --> 00:41:54,120 Guys do not get lost in the weeds. 761 00:41:54,120 --> 00:41:57,400 They literally said threat to national security in that press 762 00:41:57,400 --> 00:42:01,200 release multiple times. They reference financial 763 00:42:01,200 --> 00:42:04,600 terrorism, anti money laundering, that Bitcoin and and 764 00:42:04,600 --> 00:42:08,480 Binance at large is a threat to the international financial 765 00:42:08,480 --> 00:42:10,640 system. And it's just absolutely 766 00:42:10,640 --> 00:42:14,680 incredible that not only have we been talking about this, but 767 00:42:14,680 --> 00:42:17,120 anyone that is awake knows exactly what's going on. 768 00:42:17,120 --> 00:42:20,120 These knee jerk policy decisions to remove your individual rights 769 00:42:20,120 --> 00:42:23,320 in the name of security. It's always the same same low 770 00:42:23,320 --> 00:42:26,720 hanging fruit example and in the face of an unstoppable tie that 771 00:42:26,720 --> 00:42:28,440 is Bitcoin and decentralized finance. 772 00:42:28,440 --> 00:42:31,560 It is paramount that we as a society and particular as 773 00:42:31,560 --> 00:42:34,360 citizens of the United States recognize the critical 774 00:42:34,360 --> 00:42:36,840 crossroads we find ourselves. The trajectory of Bitcoins 775 00:42:36,840 --> 00:42:39,240 innovation and adoption will continue with or without the 776 00:42:39,240 --> 00:42:41,880 active participation or understanding of any single 777 00:42:41,880 --> 00:42:43,560 nation. The question that remains is 778 00:42:43,560 --> 00:42:46,200 whether we will be leaders or laggards in this inevitable 779 00:42:46,360 --> 00:42:50,120 financial evolution. And again, Nico's not here, but 780 00:42:50,120 --> 00:42:52,120 he summed it up perfectly in a tweet. 781 00:42:52,240 --> 00:42:54,640 The amount of times they mentioned terrorism during the 782 00:42:54,640 --> 00:42:57,400 DOJ press conference regarding Binance was striking. 783 00:42:57,600 --> 00:43:00,840 They claim that the platform and crypto was used to fund Hamas, 784 00:43:00,840 --> 00:43:02,760 just like the bogus Wall Street Journal did. 785 00:43:02,760 --> 00:43:05,840 A couple weeks to go cheesy. Definitely did some shady stuff 786 00:43:05,840 --> 00:43:08,520 with finance, but from my perspective, they also took 787 00:43:08,520 --> 00:43:11,280 advantage of the situation to try to achieve their ultimate 788 00:43:11,280 --> 00:43:15,640 end goal, stop Americans from taking custody of their Bitcoin. 789 00:43:15,640 --> 00:43:19,440 And we are not the only ones that are hitting on this theme. 790 00:43:19,560 --> 00:43:22,040 Because I find it very interesting that everyone on 791 00:43:22,040 --> 00:43:24,720 Twitter is just kind of celebrating CZA Shit Corner 792 00:43:24,720 --> 00:43:28,960 getting knocked from his company when in reality what is going on 793 00:43:28,960 --> 00:43:34,000 is they are slowly but surely creeping to take away your right 794 00:43:34,000 --> 00:43:36,680 to custody, your Bitcoin. They're going to figure out any 795 00:43:36,680 --> 00:43:39,640 legalese to do that. And this is a what? 796 00:43:39,680 --> 00:43:43,360 A third step in the precedent to continue down that road. 797 00:43:43,360 --> 00:43:47,200 And here we got Marty bent on TFTC, the bent Marty's bent. 798 00:43:47,240 --> 00:43:50,760 The charges against finance and CZ are a misdirection play. 799 00:43:51,000 --> 00:43:53,640 This is pure projection. The US government is the biggest 800 00:43:53,640 --> 00:43:57,560 perpetrator of financial crimes on the planet and it's 801 00:43:57,560 --> 00:44:00,360 absolutely incredible that they can go out there and just press 802 00:44:00,360 --> 00:44:03,360 release and with a straight face say that we are the criminals 803 00:44:03,360 --> 00:44:06,040 here. Absolutely ludicrous hypocrisy. 804 00:44:06,240 --> 00:44:10,000 Anyways, let's dive into the first part of this bad 805 00:44:10,000 --> 00:44:13,720 newsletter by Marty. It hits a nail on the head, as 806 00:44:13,720 --> 00:44:15,600 I'm sure most of you are aware by now. 807 00:44:15,640 --> 00:44:18,200 Earlier today or yesterday, the Treasury Department and the 808 00:44:18,200 --> 00:44:20,400 Department of Justice announced that they would reach a plea 809 00:44:20,400 --> 00:44:23,960 agreement with Finance and its CEO CZ for Banking anti money 810 00:44:23,960 --> 00:44:27,400 laundering laws brought forth by the CFTC purportedly helping 811 00:44:27,400 --> 00:44:29,760 Hamas finance their operations via their exchange. 812 00:44:29,960 --> 00:44:33,000 The plea deal entails the CZ pays a $50 million fine 813 00:44:33,000 --> 00:44:36,200 personally to the CFTC and Finance pays more than 4.3 814 00:44:36,200 --> 00:44:39,200 billion in fines, the largest fine ever levied by the Justice 815 00:44:39,200 --> 00:44:41,280 Department on a single corporate entity. 816 00:44:41,480 --> 00:44:44,160 When you take a step back and survey the field, this move 817 00:44:44,160 --> 00:44:46,280 makes sense and is a win win for all parties involved. 818 00:44:46,280 --> 00:44:49,080 The market is eagerly awaiting the approval of the spot Bitcoin 819 00:44:49,120 --> 00:44:52,320 ETFs that have filed and are sitting on the desk of the SEC. 820 00:44:52,600 --> 00:44:55,200 The SEC comments today have been clear that their biggest worry 821 00:44:55,200 --> 00:44:58,000 at the moment is offshore exchanges manipulating the price 822 00:44:58,000 --> 00:45:00,360 of Bitcoin. Finance is the largest exchange 823 00:45:00,360 --> 00:45:02,880 in the world and has successfully operated outside of 824 00:45:02,880 --> 00:45:05,520 the purview of the United States government until today. 825 00:45:05,680 --> 00:45:08,040 With this plea agreement, the offshore price manipulation 826 00:45:08,040 --> 00:45:11,240 problem is solved, CZ is able to get away with a relative slap on 827 00:45:11,240 --> 00:45:13,640 the wrist, and the Treasury and the Department of Justice are 828 00:45:13,640 --> 00:45:16,000 able to LARP about how they're protecting consumers. 829 00:45:16,000 --> 00:45:18,480 At the end of the day, the result of all this will be the 830 00:45:18,480 --> 00:45:21,160 spot Bitcoin ETFs getting the green light regulatory 831 00:45:21,160 --> 00:45:23,720 enforcement precedent that will be used to pressure companies in 832 00:45:23,720 --> 00:45:26,160 the space to make the experiences of their users much 833 00:45:26,200 --> 00:45:30,400 worse and CZ getting a clean exit backstage where he will 834 00:45:30,400 --> 00:45:33,880 likely operate Binance from the shadows and reap the massive 835 00:45:33,880 --> 00:45:36,360 benefits that will come with the next bull mark without spending 836 00:45:36,360 --> 00:45:38,320 the rest of his life loaded in a cage. 837 00:45:38,320 --> 00:45:41,120 This is a classic misdirection move that comes with the corrupt 838 00:45:41,120 --> 00:45:44,320 pay to play mechanisms that have become all too common in our 839 00:45:44,320 --> 00:45:46,880 Fiat denominated world. The Treasury and the Department 840 00:45:46,880 --> 00:45:49,520 of Justice don't actually care about protecting consumers. 841 00:45:49,560 --> 00:45:51,600 What they care about is the perception that they are 842 00:45:51,600 --> 00:45:54,120 actually doing something beneficial by taking care of 843 00:45:54,120 --> 00:45:56,120 finance. Nothing makes this clearer than 844 00:45:56,120 --> 00:45:59,000 the fact that they have focused in on terrorist financing as the 845 00:45:59,000 --> 00:46:00,520 activity that they are preventing. 846 00:46:00,840 --> 00:46:03,280 If the Treasury Department and the Department of Justice truly 847 00:46:03,280 --> 00:46:05,880 cared about the end consumer, they would have lambasted 848 00:46:05,880 --> 00:46:08,360 finance for leading their users to financial slaughter by 849 00:46:08,360 --> 00:46:11,280 incentivizing them to burn their hard earned money on altcoin 850 00:46:11,280 --> 00:46:14,040 speculation. The focus on terrorist financing 851 00:46:14,040 --> 00:46:16,720 allows them to pretend that Bitcoin and other crypto 852 00:46:16,720 --> 00:46:19,280 currencies are the medium of exchange of choice for 853 00:46:19,280 --> 00:46:22,080 terrorists, which will enable them to single out and 854 00:46:22,080 --> 00:46:25,760 scrutinize the industry even more, even more moving forward. 855 00:46:25,760 --> 00:46:29,240 This is pure projection play because it's the Treasury or the 856 00:46:29,240 --> 00:46:31,880 DOJ actually cared about preventing money laundering and 857 00:46:31,880 --> 00:46:35,080 terrorist financing, They would investigate themselves. 858 00:46:35,080 --> 00:46:37,360 It is very convenient that they're everyone to pick on 859 00:46:37,360 --> 00:46:40,120 Bitcoin and other crypto currencies. 860 00:46:40,120 --> 00:46:46,120 And we're seeing this guys and you know, we know, hey, we do 861 00:46:46,120 --> 00:46:49,480 have SWAN as a sponsor. We know that if you want to work 862 00:46:49,520 --> 00:46:53,000 in America, if you wanna be an exchange, you have to follow KYC 863 00:46:53,000 --> 00:46:56,240 AML laws. But KYC and AML laws are the 864 00:46:56,240 --> 00:46:59,800 illegal action here. Why should we have to pinpoint 865 00:46:59,800 --> 00:47:03,080 everything that we need to do and and tell these criminals 866 00:47:03,080 --> 00:47:05,000 what's going on with our transactions when they can't 867 00:47:05,000 --> 00:47:07,320 even audit themselves? How much money is a Pentagon 868 00:47:07,320 --> 00:47:10,320 laws? How much criminal activity have 869 00:47:10,320 --> 00:47:13,000 they been caught in? And yet they come out here and 870 00:47:13,000 --> 00:47:16,400 they say that Bitcoin is only for criminals when we constantly 871 00:47:16,400 --> 00:47:19,280 bring the receipts here, that Bitcoin is hardly used for 872 00:47:19,280 --> 00:47:22,120 criminal activity. What it really is, is humans, 873 00:47:22,160 --> 00:47:24,800 average everyday people like us that just want to save in 874 00:47:24,800 --> 00:47:28,840 something that cannot get to base and a kind of interesting 875 00:47:28,840 --> 00:47:32,480 tidbit we got here Will Paul Block and he goes. 876 00:47:32,480 --> 00:47:35,520 This week Blocks and twelve others including Ledger, 877 00:47:35,520 --> 00:47:37,440 Coinbase, Lights. Box submitted a comment letter 878 00:47:37,440 --> 00:47:40,960 on the IRS proposed broker reporting rules focusing on self 879 00:47:41,080 --> 00:47:43,280 hosted wallets. We argued that exempting wallets 880 00:47:43,280 --> 00:47:46,400 because they do not hold the requested requisite information, 881 00:47:46,400 --> 00:47:49,440 cannot see and are not party to the relevant transactions for 882 00:47:49,640 --> 00:47:52,200 reporting purposes and do not have the same type of 883 00:47:52,200 --> 00:47:54,560 relationship with customers as traditional brokers. 884 00:47:54,680 --> 00:47:56,920 We also felt that the regulators has drafted fundamentals 885 00:47:57,000 --> 00:47:59,880 eventually did not accurately take into account the nature or 886 00:47:59,880 --> 00:48:03,080 purpose of self hosted wallets. We therefore spent an extended 887 00:48:03,080 --> 00:48:05,800 period of time exclaiming wallets, wallet technology and 888 00:48:05,800 --> 00:48:08,560 their role in the digital asset space and shouts out the 889 00:48:08,560 --> 00:48:12,280 foundation as being one of them. We deserve to be able to self 890 00:48:12,280 --> 00:48:14,720 custody Bitcoin. There is no law, there's no 891 00:48:14,720 --> 00:48:17,920 criminality against custody Bitcoin and they joined this 892 00:48:17,920 --> 00:48:20,400 effort. It is your right to take Bitcoin 893 00:48:20,400 --> 00:48:23,440 into self custody. There is nothing against this 894 00:48:23,640 --> 00:48:26,360 and the fact that we are constantly being gaslit into 895 00:48:27,320 --> 00:48:29,840 every politician out here telling us that we can't hold 896 00:48:29,840 --> 00:48:31,920 Bitcoin, that Bitcoin is for only for criminals. 897 00:48:31,920 --> 00:48:34,760 It's absolutely ludicrous. We know the real criminals love 898 00:48:34,760 --> 00:48:38,640 the Fiat dollar and this is where we are in the fight guys. 899 00:48:39,320 --> 00:48:42,760 They will continue to roll out these low hanging fruit examples 900 00:48:42,760 --> 00:48:47,120 of money laundering, financing criminals, anything they can to 901 00:48:47,120 --> 00:48:51,000 scare an army away from Bitcoin and further keep pushing 902 00:48:51,080 --> 00:48:54,120 different regulations, different proposals so that they can try 903 00:48:54,360 --> 00:48:57,560 to bottleneck Bitcoin. We know on and off ramps are the 904 00:48:57,560 --> 00:48:59,680 choke point, remember Choke .2 point O. 905 00:49:00,120 --> 00:49:04,560 But moving forward I think we're going to see more and more and 906 00:49:04,560 --> 00:49:07,760 more of this. It has never been more important 907 00:49:07,840 --> 00:49:11,520 to take Bitcoin into custody. Make people download Bitcoin 908 00:49:11,520 --> 00:49:13,120 wallets. Explain to them what is going 909 00:49:13,120 --> 00:49:14,720 on. Explain to them the hypocrisy 910 00:49:14,960 --> 00:49:18,520 because they are actively fighting Bitcoin guys. 911 00:49:18,680 --> 00:49:24,080 Yes, they may have a victory by taking down CZ, but do not get 912 00:49:24,080 --> 00:49:26,000 it twisted. They will be coming after 913 00:49:26,000 --> 00:49:28,880 Bitcoin soon. They are laying the rails, 914 00:49:28,880 --> 00:49:31,240 they're laying the groundwork so they can come after Bitcoin 915 00:49:31,240 --> 00:49:36,040 custody and Bitcoin in general. And it's one of these moments 916 00:49:36,040 --> 00:49:38,800 like bring it on can't stop Bitcoin. 917 00:49:38,800 --> 00:49:41,520 You can only stop yourself from using Bitcoin And as an American 918 00:49:41,520 --> 00:49:44,120 and and one that would like to see America first. 919 00:49:44,400 --> 00:49:47,040 It's absolutely disgusting that we're seeing these kleptocrats 920 00:49:47,040 --> 00:49:50,800 in Washington roll this out as this is for national security, 921 00:49:50,800 --> 00:49:54,800 this is for our safety when in reality it's to maintain their 922 00:49:54,800 --> 00:49:58,160 maintain their control. And it's just very unfortunate 923 00:49:58,160 --> 00:50:00,360 that that we're going to see a lot of people get caught up in 924 00:50:00,360 --> 00:50:03,080 this, get gas lit, and just here we are guys. 925 00:50:03,880 --> 00:50:06,920 Anyways, I went way long, so much stuff to cover. 926 00:50:06,920 --> 00:50:09,000 I'm sure there's some other stuff that we could have 927 00:50:09,000 --> 00:50:11,520 covered. But again, you know, and then 928 00:50:11,520 --> 00:50:15,600 the thought of time here, I had to keep it kind of quick anyway. 929 00:50:15,600 --> 00:50:16,840 Sophie, what's your thoughts on this? 930 00:50:17,960 --> 00:50:19,760 Wow, I have so many. Thoughts. 931 00:50:19,760 --> 00:50:25,960 I actually took some notes. I feel that all of this started, 932 00:50:26,080 --> 00:50:29,040 All of this abuse by the government started when the 933 00:50:29,040 --> 00:50:32,920 Patriot Act was launched. Because it started off with good 934 00:50:32,920 --> 00:50:36,240 intentions, the road to hell is paved with good intentions as a 935 00:50:36,240 --> 00:50:39,320 way to protect Americans from terrorism. 936 00:50:39,480 --> 00:50:44,320 But now this law is being used to sanction countries and more 937 00:50:44,320 --> 00:50:48,760 sanction individuals and make the claim that because these 938 00:50:48,760 --> 00:50:52,840 countries are sanctioned, they are also terrorist individuals. 939 00:50:53,560 --> 00:50:57,520 That they're gonna control, they're gonna basically launch 940 00:50:57,840 --> 00:51:00,360 financial war on these individuals. 941 00:51:00,560 --> 00:51:06,520 And my my question in all of this is where does the $4.3 942 00:51:06,520 --> 00:51:10,600 billion go? Who is actually using that 943 00:51:10,600 --> 00:51:12,880 money? What politicians are using that 944 00:51:12,880 --> 00:51:14,680 money and what are they using it for? 945 00:51:14,800 --> 00:51:18,160 Is it going to be a drop in the bucket for the ever increasing 946 00:51:18,160 --> 00:51:20,440 deficit that we have in this country? 947 00:51:20,600 --> 00:51:24,280 Because that's not going to do anything for the people that 948 00:51:24,280 --> 00:51:27,520 actually, it's kind of like a slap in the face that they're 949 00:51:27,520 --> 00:51:31,120 going after these people when they haven't even fixed the 950 00:51:31,120 --> 00:51:34,840 deficit themselves. And and I agree with Punk Floyd, 951 00:51:34,840 --> 00:51:37,480 I doubt that they had good intentions in the long run, but 952 00:51:37,480 --> 00:51:40,360 that's the way that they framed it to the American people. 953 00:51:41,760 --> 00:51:45,240 And the way that I see this is that in this peaceful 954 00:51:45,240 --> 00:51:50,360 revolution, in this war against Fiat, the best way that we can 955 00:51:50,360 --> 00:51:54,600 fight is by opting out. It's not money laundering if you 956 00:51:54,600 --> 00:51:59,480 never sell your Bitcoin and if we get other people to adopt A 957 00:51:59,480 --> 00:52:03,000 Bitcoin standard and to actually keep their value. 958 00:52:03,120 --> 00:52:08,840 In Bitcoin and stop selling their Bitcoin into Fiat, then we 959 00:52:08,840 --> 00:52:11,600 have already won. There is absolutely nothing the 960 00:52:11,600 --> 00:52:15,680 government can do about individuals storing their value 961 00:52:15,680 --> 00:52:18,800 in self custody. So the best thing that you can 962 00:52:18,800 --> 00:52:23,560 do is is actually buy Bitcoin, keep it in self custody and it 963 00:52:23,560 --> 00:52:26,840 is it is the most revolutionary thing that you will do in your 964 00:52:26,840 --> 00:52:30,880 lifetime. This, this Patriot Act is is 965 00:52:30,880 --> 00:52:34,800 such a violation against the 4th Amendment and it's such a bogus 966 00:52:34,800 --> 00:52:39,080 excuse for them to be able to control people's finances, 967 00:52:39,080 --> 00:52:43,160 people's communications. It's it's actually insane that 968 00:52:43,160 --> 00:52:49,760 we've let it go on for this long and I I stand for peaceful non 969 00:52:49,760 --> 00:52:51,880 compliance. We have to opt out. 970 00:52:52,200 --> 00:52:55,800 We have to buy Bitcoin, we have to keep it in self custody and 971 00:52:55,800 --> 00:52:59,680 we have to defund the real terrorists of this country which 972 00:52:59,680 --> 00:53:04,840 are slowly becoming more and more the US government perfect 973 00:53:04,960 --> 00:53:07,920 love it self. Yeah, it's becoming very clear 974 00:53:07,920 --> 00:53:11,080 that the the people in power, they do not have your best 975 00:53:11,080 --> 00:53:14,360 interest in mind. They will use any example they 976 00:53:14,360 --> 00:53:20,320 can to maintain their control. Everyone and Nico himself always 977 00:53:20,320 --> 00:53:23,320 jokes and trolls me about Chrissy Lagarde. 978 00:53:23,320 --> 00:53:26,440 And I always quote the If there's an exit route, people 979 00:53:26,440 --> 00:53:29,000 will use it. I think we are at the point 980 00:53:29,240 --> 00:53:32,120 where we can no longer be naive in thinking that they don't 981 00:53:32,120 --> 00:53:34,640 understand what they're doing. I think they actively know 982 00:53:34,640 --> 00:53:36,840 exactly what they're doing and they are. 983 00:53:36,880 --> 00:53:39,560 They're slow rolling this guys. They they're not going to do 984 00:53:39,560 --> 00:53:43,640 one's fell swoop and try to control Bitcoin because it would 985 00:53:43,640 --> 00:53:45,800 backfire on them. They know they cannot control 986 00:53:45,800 --> 00:53:50,360 Bitcoin, but what they can do is a slow creep, Slowly but surely 987 00:53:50,360 --> 00:53:53,960 enact new and new rules, new and new obligations until they have 988 00:53:53,960 --> 00:53:58,000 fully captured Bitcoin. And as we see this Bitcoin ETF 989 00:53:58,480 --> 00:54:01,360 get rolled out soon, I I think it's becoming more and more 990 00:54:01,360 --> 00:54:03,920 important than ever to get people to download Bitcoin while 991 00:54:03,920 --> 00:54:06,160 it's saving Bitcoin. Understand what is going on. 992 00:54:06,160 --> 00:54:09,520 Understand that they are asleep at the wheel and the people in 993 00:54:09,520 --> 00:54:13,000 suits on television do not have their best interest in mind. 994 00:54:13,000 --> 00:54:14,880 Anyways, we got to get into the culture. 995 00:54:14,880 --> 00:54:18,440 But before I do that, guys get to Kaboom racks. 996 00:54:18,440 --> 00:54:21,440 If you've been thinking about buying or selling your A6 or 997 00:54:21,440 --> 00:54:24,120 even hosting your A6, get in touch with the boys over at 998 00:54:24,120 --> 00:54:28,160 kaboomracks.com. My my personal friend Alex of 999 00:54:28,160 --> 00:54:29,200 Kaboom racks. He will. 1000 00:54:29,240 --> 00:54:33,640 He will walk you through getting the best A6 I he's been tweeting 1001 00:54:33,640 --> 00:54:38,800 that he's never been more busy. He's never been more excited but 1002 00:54:38,800 --> 00:54:41,520 also scared about what this bull runs going to happen. 1003 00:54:41,520 --> 00:54:44,320 It's going to get super crazy. Download the Kaboom Rack 1004 00:54:44,320 --> 00:54:47,920 software. But if you've been thinking 1005 00:54:47,920 --> 00:54:51,760 about if you're on the fence, I'm sure my boy Alex will tell 1006 00:54:51,760 --> 00:54:54,560 you why you shouldn't be mining. But if you want to get over to 1007 00:54:54,560 --> 00:54:59,760 Kaboom racks, buy and sell ASICS with them and they will hold 1008 00:54:59,760 --> 00:55:02,400 your hand and get you guys on board. 1009 00:55:02,400 --> 00:55:09,800 All right, let's get to the culture, the daily culture. 1010 00:55:10,720 --> 00:55:14,720 Brought to you by Swan. Bitcoin.com Swan is the best way 1011 00:55:14,720 --> 00:55:17,640 to build your Bitcoin stack, with automated Bitcoin savings 1012 00:55:17,640 --> 00:55:21,560 plans and instant purchases serving clients of any size from 1013 00:55:21,560 --> 00:55:25,480 $10 to $10 million. We love Swan because they 1014 00:55:25,480 --> 00:55:29,040 incentivize self custody and dollar cost averaging. 1015 00:55:29,160 --> 00:55:33,200 What are you waiting for? Visit swanbitcoin.com today. 1016 00:55:34,040 --> 00:55:38,360 All right, guys. Well, we have, I would maybe say 1017 00:55:38,360 --> 00:55:43,080 now the infamous Internet selfie on with us today Co hosting. 1018 00:55:43,480 --> 00:55:47,920 And I'm sure a lot of you boomers and millennials that 1019 00:55:47,920 --> 00:55:51,520 watch us or or like myself, boomer millennials aren't 1020 00:55:51,520 --> 00:55:54,320 watching the shorts. And so I wanted to play a few of 1021 00:55:54,320 --> 00:55:58,640 them here because I think it's it's interesting how just far 1022 00:55:58,640 --> 00:56:03,400 down the rabbit hole we are as Bitcoiners and we forget just 1023 00:56:03,400 --> 00:56:06,480 what a normie or average person thinks about Bitcoin. 1024 00:56:06,720 --> 00:56:11,080 Well, Sophie's been doing these interviews literally on the 1025 00:56:11,080 --> 00:56:16,320 street talking to normal people and it's very interesting to 1026 00:56:16,360 --> 00:56:20,480 hear their responses to Bitcoin and really just how uninformed 1027 00:56:20,480 --> 00:56:22,240 they are And not to dunk on anyone. 1028 00:56:22,560 --> 00:56:24,880 But this is where we're dealing with like we're dealing with 1029 00:56:24,880 --> 00:56:26,240 humans at the very end of the day. 1030 00:56:26,680 --> 00:56:30,680 And as we covered in the show, the average person is just 1031 00:56:30,680 --> 00:56:33,640 constantly getting gaslit into believing all kinds of crazy 1032 00:56:33,640 --> 00:56:36,000 stuff about Bitcoin and they they aren't well informed. 1033 00:56:36,000 --> 00:56:38,840 Hence why I think it's so important to be doing Bitcoin 1034 00:56:38,840 --> 00:56:43,320 only media to constantly show the hypocrisy of the corporate 1035 00:56:43,320 --> 00:56:45,320 press. To do our best, to give you guys 1036 00:56:45,320 --> 00:56:48,280 signal so that people know what is going on. 1037 00:56:48,280 --> 00:56:52,000 So that we bring on receipts and of course get the best practices 1038 00:56:52,000 --> 00:56:54,000 in Bitcoin. Of course start accepting the 1039 00:56:54,000 --> 00:56:55,920 ideas of freedom. That we're not just crazy people 1040 00:56:55,920 --> 00:57:00,440 here, that we have some basis in reality and we see where the 1041 00:57:00,440 --> 00:57:03,080 future is going. And of course it is simply 1042 00:57:03,080 --> 00:57:05,560 Bitcoin. So let me play a few of these 1043 00:57:05,560 --> 00:57:07,520 Soph. And if you want to jump in after 1044 00:57:07,520 --> 00:57:10,240 each one just let me know and and I won't play the next one. 1045 00:57:10,240 --> 00:57:12,800 So let's let's listen to a few of these shorts guys. 1046 00:57:12,840 --> 00:57:16,400 We read this article. That says the massive inflation 1047 00:57:16,400 --> 00:57:19,960 of the housing and stock market has made the average American 1048 00:57:19,960 --> 00:57:25,680 household worth $193,000 Cap. Do you find that to be true? 1049 00:57:25,680 --> 00:57:29,720 In your life? No, no it. 1050 00:57:29,760 --> 00:57:31,520 Doesn't sound right. I think that's cap. 1051 00:57:31,840 --> 00:57:33,760 Do you buy any Bitcoin by any chance? 1052 00:57:33,760 --> 00:57:34,680 No. No. 1053 00:57:34,720 --> 00:57:37,320 I'm not very good with stock market stuff. 1054 00:57:37,360 --> 00:57:39,200 I'm not good with stock market stuff either. 1055 00:57:39,200 --> 00:57:41,880 But the good thing is this is so much better than the stock 1056 00:57:41,880 --> 00:57:43,920 market. This is actually like the best 1057 00:57:43,920 --> 00:57:46,840 performing asset year to date. It's money that the government 1058 00:57:46,840 --> 00:57:48,520 can't take away from you. OK. 1059 00:57:48,520 --> 00:57:49,160 Yeah. Thank you. 1060 00:57:49,160 --> 00:57:50,440 I'll look into it. Thanks. 1061 00:57:51,840 --> 00:57:53,960 Wow, I feel. I feel like at the end. 1062 00:57:53,960 --> 00:57:55,880 And like money government can't take away from you. 1063 00:57:55,880 --> 00:57:58,040 It's just like wait, what? Like what? 1064 00:57:58,040 --> 00:58:00,520 Who are you? Weird Cyber and on girl. 1065 00:58:01,480 --> 00:58:05,560 Yeah, honestly, I. Feel like a Bitcoin evangelist 1066 00:58:05,560 --> 00:58:09,600 in the truest sense when I go out and do these, because people 1067 00:58:09,600 --> 00:58:12,200 just look at you with the weirdest, strangest look. 1068 00:58:12,200 --> 00:58:16,240 They are so skeptical that this is a real thing. 1069 00:58:16,240 --> 00:58:20,080 They're like money. That's mine that the government 1070 00:58:20,080 --> 00:58:23,160 can't take away from me. But what about the IRS? 1071 00:58:23,160 --> 00:58:25,800 Like, that's like the first thing people talk about. 1072 00:58:25,880 --> 00:58:31,000 It's it's almost a too good to be true technology and that's 1073 00:58:31,000 --> 00:58:33,160 why. So many people associate it with 1074 00:58:33,160 --> 00:58:35,040 the scam. Not to mention that there are 1075 00:58:35,040 --> 00:58:39,320 shit coins that have completely ruined the the reputation of 1076 00:58:39,320 --> 00:58:40,480 Bitcoin. In my opinion. 1077 00:58:41,640 --> 00:58:44,800 Just the fact that that it's something that people cannot 1078 00:58:44,800 --> 00:58:50,640 conceive to even be true is is kind of the first step in 1079 00:58:50,640 --> 00:58:54,680 breaking that barrier. OK, now I I think this one of 1080 00:58:54,680 --> 00:58:57,280 these guys might be corners kind of. 1081 00:58:57,280 --> 00:59:00,520 Let me No, they're not OK. Well, one of them was. 1082 00:59:00,520 --> 00:59:05,120 So in that one, one of them was and then the guy who looks like 1083 00:59:05,120 --> 00:59:07,600 Rico Suave with a kind of semi suit. 1084 00:59:08,000 --> 00:59:12,160 There he was. He's a hedge fund manager. 1085 00:59:12,160 --> 00:59:13,640 I don't know. He's like into stocks. 1086 00:59:13,840 --> 00:59:15,880 Let's like this, Let's like this, and then we'll get some 1087 00:59:15,880 --> 00:59:17,520 context. Do you buy Bitcoin? 1088 00:59:17,800 --> 00:59:18,800 I just bought, actually recently. 1089 00:59:18,960 --> 00:59:21,360 Yeah, I'm buying. As long as it keeps going out. 1090 00:59:21,640 --> 00:59:23,720 I like that it's an unregulated market. 1091 00:59:23,760 --> 00:59:25,880 They try to regulate and bring a new ETF I think. 1092 00:59:25,880 --> 00:59:28,680 Yeah, now that this. ETF is coming out. 1093 00:59:29,280 --> 00:59:31,760 I feel like people are becoming a little bit more comfortable 1094 00:59:31,760 --> 00:59:35,680 with it on that though, like having having a regulated ETF in 1095 00:59:35,760 --> 00:59:38,600 an unregulated market if it gets people. 1096 00:59:38,600 --> 00:59:41,840 To start buying Bitcoin, that works for me. 1097 00:59:42,160 --> 00:59:45,080 It's it's opening the door. Everybody who's ever bought 1098 00:59:45,080 --> 00:59:46,960 Bitcoin has had to start somewhere. 1099 00:59:47,040 --> 00:59:50,360 I like to have a plan. And go into it knowing when I'm 1100 00:59:50,360 --> 00:59:52,280 going to put more money in and when I'm going to pull out. 1101 00:59:52,640 --> 00:59:54,720 Pause. Yeah, well with this like I. 1102 00:59:54,720 --> 00:59:58,520 Said they're cycles that that logic does apply, but you're 1103 00:59:58,520 --> 01:00:01,520 going to have to study the cycles, yeah, for sure, if you 1104 01:00:01,520 --> 01:00:02,960 keep buying and. Selling then you have to pay 1105 01:00:02,960 --> 01:00:05,000 your taxes on it. Yeah, no, but if it's a long. 1106 01:00:05,000 --> 01:00:07,360 Term capital gain I I I agree with you. 1107 01:00:07,360 --> 01:00:08,720 I think the long term vision is better. 1108 01:00:08,920 --> 01:00:10,080 Yeah. Thank you guys. 1109 01:00:11,760 --> 01:00:14,160 The pause. Yeah. 1110 01:00:14,240 --> 01:00:15,480 Cracking me up. Yeah, I know. 1111 01:00:15,680 --> 01:00:16,400 I know. Never. 1112 01:00:16,400 --> 01:00:19,840 Sell, never sell. I'm telling you the best thing 1113 01:00:19,840 --> 01:00:23,240 you can do in this peaceful revolution is just never sell. 1114 01:00:23,240 --> 01:00:27,560 Keep your money on self custody and just wait. 1115 01:00:28,440 --> 01:00:31,680 Wait, because it'll come eventually. 1116 01:00:31,680 --> 01:00:34,640 Everybody will wake up and just be like, what have I been doing 1117 01:00:34,640 --> 01:00:37,360 using dollars this whole entire time when I could have been 1118 01:00:37,520 --> 01:00:39,360 trading peer-to-peer with Bitcoin. 1119 01:00:39,600 --> 01:00:43,600 But anyway the context behind that. 1120 01:00:44,080 --> 01:00:45,600 It was. I mean, obviously these are 1121 01:00:45,600 --> 01:00:49,440 shorts that get edited down and these conversations can 1122 01:00:49,440 --> 01:00:53,560 sometimes go for like 5 or 10 minutes where I start, you know, 1123 01:00:53,960 --> 01:00:56,360 debasing every single point that they have. 1124 01:00:56,520 --> 01:00:59,160 And so they talk about, you know, what happens when you, 1125 01:00:59,160 --> 01:01:02,600 when you sell your Bitcoin, like you have to pay taxes on that or 1126 01:01:02,600 --> 01:01:04,080 you have to do this or you have to do that. 1127 01:01:04,080 --> 01:01:07,160 And it's like. You know, yes you do. 1128 01:01:07,160 --> 01:01:11,760 But if if the if the fact that you made money, if number go up 1129 01:01:11,960 --> 01:01:16,480 is the thing that gets people to wet their feet in the pool of 1130 01:01:16,480 --> 01:01:20,080 Bitcoin, then I think that that's a step forward because 1131 01:01:20,080 --> 01:01:24,680 once people benefit from Bitcoin, they will be like okay, 1132 01:01:25,120 --> 01:01:29,480 I made money on this ETF. But what is Bitcoin really? 1133 01:01:29,480 --> 01:01:31,080 And then they start looking into it. 1134 01:01:31,080 --> 01:01:33,960 They start falling down the rabbit hole and they are 1135 01:01:33,960 --> 01:01:37,480 incentivized by the fact that they made some money in the 1136 01:01:37,480 --> 01:01:42,880 short term to perhaps make a more long term plan to hold 1137 01:01:42,880 --> 01:01:45,360 Bitcoin. And you know, people get in at 1138 01:01:45,360 --> 01:01:48,000 different times. It's different for everybody. 1139 01:01:48,000 --> 01:01:51,720 Some people started shit coining at the beginning and then they 1140 01:01:51,720 --> 01:01:55,760 they learned the hard way. So maybe this is the more 1141 01:01:55,760 --> 01:01:59,480 traditional. Investor's Way of Learning about 1142 01:01:59,480 --> 01:02:01,400 Bitcoin. And honestly, I'm cool with 1143 01:02:01,400 --> 01:02:04,600 that. As long as people begin and they 1144 01:02:04,600 --> 01:02:09,000 start to learn about it, I think that it's it's a positive 1145 01:02:09,000 --> 01:02:10,800 introduction. All right. 1146 01:02:11,560 --> 01:02:13,520 Well, it's very interesting. Like once you go down the rabbit 1147 01:02:13,520 --> 01:02:16,680 hole, as you can tell, most people don't know what's going 1148 01:02:16,680 --> 01:02:18,440 on with Bitcoin. And of course, most people don't 1149 01:02:18,440 --> 01:02:23,240 have the time to study Bitcoin. People don't even know what's 1150 01:02:23,240 --> 01:02:25,040 going. On with money, people have no 1151 01:02:25,040 --> 01:02:26,280 idea. People have. 1152 01:02:26,360 --> 01:02:28,320 People don't know how an iPhone works. 1153 01:02:28,320 --> 01:02:31,160 Like, that's always the the argument that I like to make. 1154 01:02:31,160 --> 01:02:33,000 People don't know how an iPhone works. 1155 01:02:33,000 --> 01:02:35,680 Yet there are billions of people around the world that use an 1156 01:02:35,680 --> 01:02:37,560 iPhone. Yeah, you know what I'm saying? 1157 01:02:37,560 --> 01:02:39,920 And then once, once they get into Bitcoin, there's not going 1158 01:02:39,920 --> 01:02:42,120 back to Fiat anyways, let's do this last one. 1159 01:02:42,120 --> 01:02:45,480 And then I want to ask you just a very generic question we are 1160 01:02:45,480 --> 01:02:48,200 out on the street asking. People, do you buy Bitcoin? 1161 01:02:48,400 --> 01:02:50,920 I have. I have not, but I have bought 1162 01:02:50,920 --> 01:02:52,920 crypto before. OK, there's a new. 1163 01:02:52,920 --> 01:02:57,320 Black Rock Spa ETF that's coming out, that's going to put Bitcoin 1164 01:02:57,320 --> 01:03:00,080 on traditional markets. Do you think that you would be 1165 01:03:00,080 --> 01:03:03,080 more comfortable or like people who, you know would be more 1166 01:03:03,080 --> 01:03:06,720 comfortable buying Bitcoin if it was on a traditional market? 1167 01:03:06,720 --> 01:03:09,680 Like if you could just buy it off of Charles Schwab or E*Trade 1168 01:03:09,680 --> 01:03:11,680 or any of those platforms? Yeah. 1169 01:03:12,240 --> 01:03:12,720 OK. Cool. 1170 01:03:12,920 --> 01:03:13,400 Thank you. We. 1171 01:03:13,640 --> 01:03:16,160 Were to see it on more traditional platforms, I think 1172 01:03:16,160 --> 01:03:17,560 it would make people more comfortable. 1173 01:03:18,240 --> 01:03:20,640 College students So my budget not going to stretch farther 1174 01:03:20,640 --> 01:03:22,720 enough for me to buy any like, real big piece. 1175 01:03:22,760 --> 01:03:25,200 But now you're actually getting me interested to do a lot more 1176 01:03:25,200 --> 01:03:27,200 research on the go Be all right. Thank you so much. 1177 01:03:28,440 --> 01:03:31,160 Wow, self doing Satoshi's work out there. 1178 01:03:31,600 --> 01:03:35,640 But as you can tell, like most people just haven't been exposed 1179 01:03:35,640 --> 01:03:37,880 to the Bitcoin signal. And I think we all had to get 1180 01:03:37,880 --> 01:03:41,240 exposed to Bitcoin at least like, you know, minimum three to 1181 01:03:41,240 --> 01:03:44,000 five times before we finally took that final leap. 1182 01:03:44,200 --> 01:03:46,880 And I think we're getting to that point where it's more more 1183 01:03:47,440 --> 01:03:49,920 conversation happens around Bitcoin as it does get 1184 01:03:49,920 --> 01:03:52,400 legitimized. Like, I know we here, it's 1185 01:03:52,400 --> 01:03:54,880 simply Bitcoin. And in the chat, we do not 1186 01:03:54,880 --> 01:03:57,840 advise you guys to put money into Bitcoin ETFs. 1187 01:03:57,840 --> 01:04:00,040 It is paper Bitcoin. Do not do that. 1188 01:04:00,240 --> 01:04:04,360 But there is a semblance of legitimacy that comes with that. 1189 01:04:04,360 --> 01:04:06,520 And you can see in real time that people are like, oh wow, 1190 01:04:06,520 --> 01:04:10,240 OK, I I thought this was just, you know, Internet nerd money. 1191 01:04:10,240 --> 01:04:12,000 I thought this was just money for terrorists. 1192 01:04:12,000 --> 01:04:14,120 I thought this was just money for drug dealers. 1193 01:04:14,400 --> 01:04:18,320 And it's like no guys, it's so you do not get that you're 1194 01:04:18,320 --> 01:04:22,840 you're savings debased anyways. The generic question Self is 1195 01:04:23,120 --> 01:04:24,640 like you've been doing these interviews. 1196 01:04:25,320 --> 01:04:30,600 Give me a generality on what do you think an average person 1197 01:04:30,600 --> 01:04:34,200 thinks about Bitcoin today after all these conversations that 1198 01:04:34,200 --> 01:04:37,400 you've had on the street? So the average. 1199 01:04:37,400 --> 01:04:41,640 Person just simply does not know about Bitcoin. 1200 01:04:41,800 --> 01:04:45,120 And that is the biggest hurdle that I've had to get through. 1201 01:04:45,320 --> 01:04:48,840 Even when I go go up to people and I ask them, hey, can I ask 1202 01:04:48,840 --> 01:04:52,880 you a question for my YouTube channel, they say what's the 1203 01:04:52,880 --> 01:04:55,920 question about? And once I say Bitcoin, they're 1204 01:04:55,920 --> 01:04:57,440 like, I don't know anything about Bitcoin. 1205 01:04:57,440 --> 01:05:01,680 I don't want to be on camera. People people are turned off by 1206 01:05:01,680 --> 01:05:04,760 what they do not know. And that's why I'm such an 1207 01:05:04,760 --> 01:05:09,880 advocate of getting Bitcoin into the ears and into the minds of 1208 01:05:09,880 --> 01:05:15,440 people by any means necessary. Even if it means by shilling an 1209 01:05:15,640 --> 01:05:18,920 an ETF of paper Bitcoin. OK, yes, I get it. 1210 01:05:18,920 --> 01:05:21,040 It's not real Bitcoin. It's not what I would buy. 1211 01:05:21,040 --> 01:05:24,520 It's not what I would advise anybody who I love to really 1212 01:05:24,520 --> 01:05:26,760 buy. But if that makes the average 1213 01:05:26,760 --> 01:05:30,360 person more comfortable and. If that will make the average 1214 01:05:30,360 --> 01:05:35,120 person start to look into what Bitcoin really is because they 1215 01:05:35,120 --> 01:05:41,320 have now a stake in Bitcoin in their minds, I think that that's 1216 01:05:41,480 --> 01:05:45,560 positive marketing for Bitcoin and I think that we have to be a 1217 01:05:45,560 --> 01:05:49,440 little bit more open minded because of how close minded the 1218 01:05:49,440 --> 01:05:52,600 average individual is. And they don't understand how 1219 01:05:52,600 --> 01:05:55,000 any of this works. They don't care to understand 1220 01:05:55,280 --> 01:06:00,960 Bitcoin is an inconvenient solution to a very big problem 1221 01:06:01,160 --> 01:06:03,680 that has made money very convenient. 1222 01:06:03,920 --> 01:06:07,480 So. I like this Has does Miss Sophie 1223 01:06:07,480 --> 01:06:09,680 ever tell them to have fun staying poor? 1224 01:06:09,680 --> 01:06:12,800 I've actually thought about doing that as content, just like 1225 01:06:12,800 --> 01:06:14,320 being like, hey, do you buy Bitcoin? 1226 01:06:14,320 --> 01:06:16,440 No. OK, have fun staying poor and 1227 01:06:16,440 --> 01:06:21,280 seeing people's reaction. But I'm not trying to get people 1228 01:06:21,280 --> 01:06:23,640 to hate on Bitcoin. I mean on on Bitcoin or on 1229 01:06:23,640 --> 01:06:26,280 Bitcoiners. But you gotta be nice to the 1230 01:06:26,280 --> 01:06:28,480 norm of these guys. That's the point. 1231 01:06:28,880 --> 01:06:31,520 You got to be nice. You got to make Bitcoin fun, 1232 01:06:31,520 --> 01:06:34,400 sexy, cool. That is the whole thing. 1233 01:06:34,400 --> 01:06:38,160 Like if you start. Like, though, the next short 1234 01:06:38,160 --> 01:06:41,280 that's gonna come out the next interview is me asking people, 1235 01:06:41,280 --> 01:06:43,120 do you think bitcoiners are annoying? 1236 01:06:43,440 --> 01:06:45,360 And how? What can we do? 1237 01:06:45,960 --> 01:06:48,440 What can we do to be less annoying? 1238 01:06:48,440 --> 01:06:51,560 Yeah, I know, we're unbearable. But it's because we're trying to 1239 01:06:51,560 --> 01:06:54,040 save you. We're trying to tell you how to 1240 01:06:54,040 --> 01:06:57,840 preserve your wealth and your value and how to stop getting 1241 01:06:57,840 --> 01:07:00,360 screwed by the US government and by the Fed. 1242 01:07:00,680 --> 01:07:02,280 I promise we're trying to help you. 1243 01:07:02,280 --> 01:07:04,000 I just. I know that we're annoying about 1244 01:07:04,000 --> 01:07:05,120 it. It's like we're a. 1245 01:07:05,240 --> 01:07:08,800 Parent and the rest of the world are a bunch of teenagers, but 1246 01:07:09,240 --> 01:07:11,400 whatever. Eventually people will get it 1247 01:07:11,400 --> 01:07:15,920 the hard way. Yeah, actually Nico called me 1248 01:07:15,920 --> 01:07:18,800 this morning. We were all on the phone and he 1249 01:07:18,800 --> 01:07:21,160 kind of brought up a good idea and I think it relates here. 1250 01:07:21,160 --> 01:07:24,440 And I know we've got to go to the meme review, but there was a 1251 01:07:24,440 --> 01:07:28,080 point when Internet Sophie wasn't a bitcoiner and she had a 1252 01:07:28,080 --> 01:07:33,000 crazy boyfriend named Nico Jones, and he would rant about 1253 01:07:33,000 --> 01:07:36,080 Bitcoin constantly. So what's it like? 1254 01:07:37,400 --> 01:07:38,840 I don't know. Getting orange peeled by your 1255 01:07:38,840 --> 01:07:41,640 significant other? Like is this is this what we got 1256 01:07:41,640 --> 01:07:43,360 to do? We we just all, as bitcoiners, 1257 01:07:43,360 --> 01:07:46,600 have to make our girlfriends or imaginary girlfriends 1258 01:07:46,600 --> 01:07:48,280 bitcoiners. Like what? 1259 01:07:48,280 --> 01:07:49,720 How? How's that road been? 1260 01:07:49,720 --> 01:07:55,200 And then I guess maybe add on. How's how is it being soon to be 1261 01:07:55,200 --> 01:08:00,320 married to a adamant crazy quote UN quote crazy bitcoiner? 1262 01:08:01,960 --> 01:08:04,520 Well, that's first of all, that's why I have so much 1263 01:08:04,520 --> 01:08:07,760 empathy towards people who don't know about Bitcoin. 1264 01:08:07,760 --> 01:08:10,880 Because I just I I've been there before and I'm. 1265 01:08:11,520 --> 01:08:14,520 I try to take the softer approach because I don't know 1266 01:08:14,520 --> 01:08:18,000 these people, they're strangers on the street and I don't want 1267 01:08:18,000 --> 01:08:21,880 to get punched in the face. But what does it feel to date a 1268 01:08:21,880 --> 01:08:25,279 bitcoiner and to now almost be married to one? 1269 01:08:26,399 --> 01:08:30,560 It's been a roller coaster ride yourself and being and. 1270 01:08:30,560 --> 01:08:33,359 Becoming a bitcoiner myself, I mean, it's been a huge roller 1271 01:08:33,359 --> 01:08:35,720 coaster ride. There have been so many moments 1272 01:08:35,720 --> 01:08:39,640 of doubt and there have been so many questions that I've had to 1273 01:08:39,800 --> 01:08:44,760 search the answers for because I myself didn't know anything 1274 01:08:44,760 --> 01:08:47,000 about Bitcoin. And I had to, like, really take 1275 01:08:47,000 --> 01:08:51,279 that step forward to find out about not just Bitcoin, but 1276 01:08:51,279 --> 01:08:55,000 about the monetary system. How You know how. 1277 01:08:55,600 --> 01:08:59,520 That what money is backed by how everything works in the 1278 01:08:59,520 --> 01:09:04,399 financial system. And I I think that it has been a 1279 01:09:04,399 --> 01:09:08,319 very humbling experience because I was not aware of how much I 1280 01:09:08,319 --> 01:09:10,720 didn't know. And at some point I I went 1281 01:09:10,720 --> 01:09:12,920 through a little bit of depression because I thought, 1282 01:09:12,920 --> 01:09:17,800 wow, like my whole entire life has been a lie and it it could 1283 01:09:17,800 --> 01:09:21,319 have been so much better. A few years ago, if I had just 1284 01:09:21,319 --> 01:09:26,240 bought Bitcoin and if I had not trusted these institutions that 1285 01:09:26,240 --> 01:09:28,880 told me to trust them my whole life. 1286 01:09:29,920 --> 01:09:32,200 And so, you know, now I question everything. 1287 01:09:32,439 --> 01:09:36,520 Now I, you know, I look at the thing, my actions a lot more 1288 01:09:36,520 --> 01:09:38,439 carefully. Everything from the food that I 1289 01:09:38,439 --> 01:09:43,240 eat to the content that I consume, to the way that I'm 1290 01:09:43,240 --> 01:09:46,439 going to be able to raise my daughter and and the way that 1291 01:09:46,439 --> 01:09:49,720 I'm going to to, you know, just go about being a mother. 1292 01:09:50,319 --> 01:09:54,600 It has completely changed every other aspect of my life because 1293 01:09:54,600 --> 01:09:58,040 it has forced me to look at things with a little bit more of 1294 01:09:58,040 --> 01:10:02,520 a critical mind instead of just going along with what everybody 1295 01:10:02,520 --> 01:10:05,480 tells you. And when you fix that base layer 1296 01:10:05,480 --> 01:10:08,720 of society, which is money, and Nico says this all the time, it 1297 01:10:08,720 --> 01:10:12,720 trickles down into other aspects of your life, And eventually it 1298 01:10:12,720 --> 01:10:15,840 trickles down into culture. It trickles down into politics. 1299 01:10:16,200 --> 01:10:19,920 And that's why buying Bitcoin and having it in self custody, 1300 01:10:20,120 --> 01:10:23,760 understanding how the world actually works, not from what 1301 01:10:23,760 --> 01:10:27,280 they tell you but from what you can deduce with your own mind, 1302 01:10:27,480 --> 01:10:30,240 is so important. In today's day and age, a lot of 1303 01:10:30,240 --> 01:10:33,320 people are just brainwashed by what they see on social media 1304 01:10:33,320 --> 01:10:37,160 and on TikTok and what the mainstream media tells them to 1305 01:10:37,160 --> 01:10:39,840 believe in. And they've forgotten how to 1306 01:10:40,000 --> 01:10:44,200 actually form critical thought. And I think that Bitcoin has 1307 01:10:44,360 --> 01:10:49,080 dismantled and has. Lifted the curtain for me and 1308 01:10:49,080 --> 01:10:53,000 has allowed me to to actually like see things for what they 1309 01:10:53,000 --> 01:10:56,000 are and not for what I've been told they are. 1310 01:10:57,680 --> 01:11:00,720 Love itself. Well, I guess as the meme goes, 1311 01:11:00,960 --> 01:11:03,320 Bitcoin changes you. You don't change Bitcoin. 1312 01:11:03,560 --> 01:11:07,120 Each one of us is constantly, whether we know it or not, a 1313 01:11:07,120 --> 01:11:10,760 walking billboard for Bitcoin and we're exposing the world to 1314 01:11:10,760 --> 01:11:13,600 what Bitcoin is by just the way you live and and the your 1315 01:11:13,600 --> 01:11:18,360 viewpoints and being a successful human in in general. 1316 01:11:18,360 --> 01:11:22,720 So you know, we got a long road ahead as Bitcoin educators, but 1317 01:11:22,720 --> 01:11:27,320 hopefully we can do a small part in continuing to orange peel the 1318 01:11:27,320 --> 01:11:31,280 masses to get to the Bitcoin remnant, to show people there is 1319 01:11:31,280 --> 01:11:34,920 an alternative to what's going on and hopefully wake up just 1320 01:11:34,920 --> 01:11:37,800 that person that's on the edge, you know, they're they just need 1321 01:11:37,800 --> 01:11:39,920 a little push sometimes. They just need a little push, a 1322 01:11:39,920 --> 01:11:42,880 little loving, compassionate push towards becoming a bit 1323 01:11:42,880 --> 01:11:44,960 corner. Because I think it's becoming 1324 01:11:44,960 --> 01:11:47,120 clear that most people are starting to wake up. 1325 01:11:47,120 --> 01:11:48,320 They're starting to feel the pain. 1326 01:11:48,720 --> 01:11:51,760 They're starting to understand. Wait, everything is not exactly 1327 01:11:51,760 --> 01:11:54,440 as I'm being told. So here we are. 1328 01:11:54,480 --> 01:11:57,360 Anyways, Internet Sophie, good to have you on the show. 1329 01:11:57,400 --> 01:11:59,360 Thanks for the insights. Let's get into the meme review. 1330 01:12:04,720 --> 01:12:11,960 The Daily Meme Review. All right, you guys know the 1331 01:12:11,960 --> 01:12:14,760 deal. Tag me on Twitter at Simply 1332 01:12:14,760 --> 01:12:17,240 Bitcoin TV. Drop them in our Telegram group. 1333 01:12:17,240 --> 01:12:21,160 T dot me slash simply Bitcoin TV tweets of the bullets, memes of 1334 01:12:21,160 --> 01:12:23,200 the artillery. This is the meme review where we 1335 01:12:23,200 --> 01:12:28,040 distill everything we say into pictures and mimetics. 1336 01:12:28,040 --> 01:12:30,840 We are in a mimetic war right now. 1337 01:12:30,840 --> 01:12:34,360 It is an information war. Continue to get the calls of 1338 01:12:34,360 --> 01:12:36,320 action out there. Continue to ridicule the 1339 01:12:36,320 --> 01:12:39,520 corporate press. Continue to make the funnies so 1340 01:12:39,520 --> 01:12:42,720 your friends and family know why we do what we do. 1341 01:12:43,200 --> 01:12:48,580 Anyways, the 1st meme here is by Bitcoin Archive AKA at BTC under 1342 01:12:48,580 --> 01:12:50,680 Score Archive. And I thought this was a fitting 1343 01:12:50,680 --> 01:12:52,920 one considering all the stuff going on in the news. 1344 01:12:53,200 --> 01:12:57,440 And if you guys know, John McAfee is an absolute legend. 1345 01:12:58,240 --> 01:13:02,520 Just a legend in his own right, let alone as being a part of the 1346 01:13:02,520 --> 01:13:05,080 Bitcoin and even I guess the shit coin space at large. 1347 01:13:05,080 --> 01:13:08,960 But just an absolute legend. I watched his Netflix video like 1348 01:13:08,960 --> 01:13:13,600 his documentary and it's dude, this guy is is is a character 1349 01:13:13,600 --> 01:13:16,480 absolute animal. Rest in peace or maybe allegedly 1350 01:13:16,480 --> 01:13:18,080 rest in peace. I don't know what's going on. 1351 01:13:18,400 --> 01:13:20,760 Anyways, we got a picture here of John McAfee with the Bitcoin 1352 01:13:20,760 --> 01:13:23,000 logo and it goes, you can't stop Bitcoin. 1353 01:13:23,240 --> 01:13:25,560 It's like trying to stop gunpowder. 1354 01:13:25,560 --> 01:13:28,800 And you guys know my one of my favorite memes is safety and 1355 01:13:29,000 --> 01:13:33,320 people will adopt Bitcoin like gunpowder via necessity and you 1356 01:13:33,320 --> 01:13:37,280 cannot isolate yourself from the consequences of someone holding 1357 01:13:37,280 --> 01:13:40,600 a better money. And everyone just doesn't know 1358 01:13:40,600 --> 01:13:43,520 that Bitcoin is the best money that they're holding melting ice 1359 01:13:43,520 --> 01:13:46,360 cubes that Fiat is trash. But they're waking up. 1360 01:13:46,360 --> 01:13:49,280 They're learning. Next meme is by at Fe Bitcoin. 1361 01:13:49,280 --> 01:13:53,000 He just goes hashtag Bitcoin and we got a picture here of CZ with 1362 01:13:53,000 --> 01:13:56,840 four fingers and it goes $4.3 billion. 1363 01:13:57,040 --> 01:14:00,400 That is the fine that he paid that he's seemingly getting a 1364 01:14:00,440 --> 01:14:03,560 slap on the wrist and just kind of walking away, walking away. 1365 01:14:03,840 --> 01:14:08,360 And and for those that maybe aren't familiar, Aceo stepping 1366 01:14:08,360 --> 01:14:11,720 down from his position in in a, you know, a criminal case like 1367 01:14:11,720 --> 01:14:13,800 this. It's not like a new thing. 1368 01:14:13,800 --> 01:14:16,760 And I and and just to be clear, at least, you know, maybe I'm 1369 01:14:16,760 --> 01:14:20,160 putting on my tinfoil hat here. It's not like he's going to be 1370 01:14:20,160 --> 01:14:23,440 completely gone out of finance. This is just a save face. 1371 01:14:23,440 --> 01:14:25,520 This is just to save the Binance brand. 1372 01:14:25,800 --> 01:14:27,280 But he's going to be on the board. 1373 01:14:27,280 --> 01:14:30,080 She still owns a majority of Binance stock. 1374 01:14:30,440 --> 01:14:33,040 He can be an advisor and he can come back after three years. 1375 01:14:33,040 --> 01:14:37,680 So you know, this is probably just a little speed bump in the 1376 01:14:37,680 --> 01:14:40,920 road and and Binance is is probably going to maintain its 1377 01:14:40,920 --> 01:14:45,160 position in the world, but hey, they're in some heat, they're in 1378 01:14:45,160 --> 01:14:48,120 some trouble, they will be monitored for the next five 1379 01:14:48,120 --> 01:14:50,360 years so it's going to be very interesting to see how this 1380 01:14:50,360 --> 01:14:52,800 plays out. Anyways, I got a lot of shit 1381 01:14:52,800 --> 01:14:55,400 coins CZ memes here. Guys you already know as 1382 01:14:55,400 --> 01:14:57,000 bitcoiners. We love the dunk. 1383 01:14:57,280 --> 01:15:01,880 We love taking a victory lap. So these ones are a little you 1384 01:15:01,880 --> 01:15:04,880 know, maybe this is me dancing on graves, whatever. 1385 01:15:04,880 --> 01:15:07,640 I I acknowledge this but these are some funny memes. 1386 01:15:07,640 --> 01:15:10,480 It's been a long year guys. We've seen so much stuff happen 1387 01:15:10,480 --> 01:15:13,640 in the shit coin space and bitcoiners been calling it out 1388 01:15:13,640 --> 01:15:16,560 the whole time. Anyways, the classic here from 1389 01:15:16,560 --> 01:15:19,120 the Bitcoin therapist. He goes hashtag Bitcoin not 1390 01:15:19,120 --> 01:15:22,880 crypto and you can see all the shit corners gambling at the 1391 01:15:22,880 --> 01:15:26,240 craps table. We got CZ, we got SPF, we got 1392 01:15:26,240 --> 01:15:31,480 Richard Hart Machinsky bit boy. What's this guy one? 1393 01:15:31,920 --> 01:15:38,880 Vitalic, Zuzu, CSW, Roger Ver. Just a classic classic video 1394 01:15:38,880 --> 01:15:42,640 here or a meme here. You know it's it's also the 1395 01:15:42,640 --> 01:15:46,720 hangover meme where they're gambling and if you're in shit 1396 01:15:46,720 --> 01:15:48,280 coins, just know you're gambling. 1397 01:15:48,280 --> 01:15:51,000 And if you want to make it through the great transition, 1398 01:15:51,000 --> 01:15:52,680 you need to be holding some Bitcoin. 1399 01:15:52,800 --> 01:15:55,200 Next meme. Again, kind of continuing to 1400 01:15:55,200 --> 01:16:00,680 duck. We got 01021 Bitcoin, You go 1401 01:16:00,680 --> 01:16:04,240 kana on Twitter and it goes rip to shit corners Salute. 1402 01:16:04,640 --> 01:16:08,880 And we got Bitcoin, not crypto. And it's all the shit corners 1403 01:16:08,880 --> 01:16:13,040 that are in Bitcoin heaven or shit coin heaven that got 1404 01:16:13,040 --> 01:16:17,920 wrecked this last year. You know, from FTX to Binance to 1405 01:16:17,920 --> 01:16:21,440 Bit Boy to Mashinsky in Celsius to Luna. 1406 01:16:22,000 --> 01:16:27,240 It's been a crazy crazy year. Maybe crazy two years, three 1407 01:16:27,240 --> 01:16:30,000 years, really. But you know the the there's 1408 01:16:30,000 --> 01:16:35,080 been some fireworks ending this year and I'm sure we are going 1409 01:16:35,080 --> 01:16:38,280 to see more. Was CZ the final sacrifice for 1410 01:16:38,280 --> 01:16:40,240 the bull run to really start commencing? 1411 01:16:40,600 --> 01:16:42,080 I don't know. I asked everyone on Twitter 1412 01:16:42,080 --> 01:16:44,000 yesterday and the people were yelling at me like the bull 1413 01:16:44,000 --> 01:16:45,640 run's been going on for 300 days. 1414 01:16:45,640 --> 01:16:48,920 Bro, wake up. Well yeah, you know the price 1415 01:16:48,920 --> 01:16:52,720 has been going up, but when God candles is what I meant. 1416 01:16:52,720 --> 01:16:54,720 Anyways, here we got Tony the bull. 1417 01:16:54,720 --> 01:16:57,880 BTC goes show me the charts and I'll tell you the news. 1418 01:16:58,120 --> 01:17:02,160 The Bitcoin bull run is here. And we have When was this? 1419 01:17:02,960 --> 01:17:08,400 Like November of 2020. We have Arthur Hayes from Bitmac 1420 01:17:08,400 --> 01:17:12,160 CEO. What's this says leaves role 1421 01:17:12,640 --> 01:17:16,600 after US charges and you can see the price went absolutely 1422 01:17:16,600 --> 01:17:20,040 nuclear in 2021. And here we are. 1423 01:17:20,040 --> 01:17:24,240 Are we repeating the same cycle? Well if you are reading tea 1424 01:17:24,240 --> 01:17:29,080 leaves it looks very similar. And now we have the news of 1425 01:17:29,080 --> 01:17:32,080 finance. Fender CZ agrees to step down 1426 01:17:32,080 --> 01:17:36,080 and pleads guilty so it looks like God candles are on the 1427 01:17:36,080 --> 01:17:39,160 table and maybe this was the final sacrifice we needed. 1428 01:17:39,400 --> 01:17:44,120 Anyways, last CZ meme before I pivot a little bit to a little 1429 01:17:44,120 --> 01:17:47,600 more Bitcoin friendly one. We got Thomas Farr here and he 1430 01:17:47,600 --> 01:17:51,560 goes there's a lesson here and we have a tweet here from CZ and 1431 01:17:51,560 --> 01:17:56,040 he goes first Bitcoin then dot dot dot dot and we have Jack and 1432 01:17:56,040 --> 01:17:58,520 he goes Bitcoin and then Michael Saylor and he goes hashtag 1433 01:17:58,520 --> 01:18:01,160 Bitcoin and then Jack Mullers and he goes hashtag Bitcoin. 1434 01:18:02,360 --> 01:18:05,520 Wait, what's the 2nd? Best It is Bitcoin. 1435 01:18:05,520 --> 01:18:07,440 Only Bitcoin. Not shit Coin. 1436 01:18:07,440 --> 01:18:10,880 Bitcoin not crypto. Bitcoin is the thing that is 1437 01:18:10,880 --> 01:18:14,640 changing the world and a lot of shit corners have learned their 1438 01:18:14,640 --> 01:18:18,000 lesson the hard way and I'm sure more and more will learn the 1439 01:18:18,000 --> 01:18:20,640 hard way as well. But if you want to protect 1440 01:18:20,640 --> 01:18:22,360 yourself, you want to avoid the headaches. 1441 01:18:22,360 --> 01:18:25,920 Just save in Bitcoin, download a Bitcoin wallet and save in 1442 01:18:25,920 --> 01:18:28,120 Bitcoin and then get your friends and family to save in 1443 01:18:28,120 --> 01:18:30,400 Bitcoin as well. Anyways, last Meme is by Maxi's 1444 01:18:30,400 --> 01:18:32,880 Club and he goes 587. Wow. 1445 01:18:33,360 --> 01:18:36,280 And we got all you ADIQ bit corners in the chat. 1446 01:18:36,280 --> 01:18:38,240 You know, a little Pepe holding his Bitcoin. 1447 01:18:38,440 --> 01:18:41,240 And then we got all of the girls here gonna be coming after you. 1448 01:18:41,240 --> 01:18:43,520 He goes, Oh my God, he's here. He's so cute. 1449 01:18:43,760 --> 01:18:46,520 Is he single? And the ADIQ bit corner just 1450 01:18:46,520 --> 01:18:47,880 like, shocked. Just wow. 1451 01:18:48,480 --> 01:18:52,760 I guess one of them that's maybe one of one of the. 1452 01:18:52,920 --> 01:18:54,880 Girls, what? He told me yo. 1453 01:18:54,880 --> 01:18:56,520 OK, so. One of the girls. 1454 01:18:56,520 --> 01:18:58,920 Then there's another one, one of the girls that I. 1455 01:18:58,920 --> 01:19:03,320 Interviewed, I told her I was like, how can we make bitcoiners 1456 01:19:03,320 --> 01:19:05,640 less annoying? And she was like, just give it 1457 01:19:05,640 --> 01:19:08,080 away, just give it away to US women. 1458 01:19:08,480 --> 01:19:12,240 There has to be they have to give their Bitcoin away to sugar 1459 01:19:12,240 --> 01:19:15,920 babies because. Sugar babies are amazing and 1460 01:19:15,920 --> 01:19:20,360 women deserve everything. I was like, based like, in 1461 01:19:20,360 --> 01:19:22,440 women. Wait, wait, wait, wait. 1462 01:19:22,640 --> 01:19:24,280 Miami. Confirmed. 1463 01:19:24,440 --> 01:19:26,120 You're talking to people in Miami. 1464 01:19:26,120 --> 01:19:27,880 OK, say less. I was like. 1465 01:19:27,880 --> 01:19:31,480 I was like. OK, OK, so like basically we 1466 01:19:31,480 --> 01:19:35,960 just have to buy your love and affection that that's people 1467 01:19:35,960 --> 01:19:38,360 have done that throughout all of all of time. 1468 01:19:38,360 --> 01:19:40,160 Like, I don't know what to tell you. 1469 01:19:40,160 --> 01:19:42,560 Fun, sexy, cool. This is part of I don't make the 1470 01:19:42,640 --> 01:19:46,040 rules. Oh my God, Sophie. 1471 01:19:46,040 --> 01:19:49,120 Is not recreating. The wheels never share. 1472 01:19:49,320 --> 01:19:53,920 Your 24 words I'm saying. She's a SAT digger, but a sugar 1473 01:19:53,920 --> 01:19:57,040 baby is definitely going to become a SAT digger. 1474 01:19:57,280 --> 01:19:59,800 OK? Anyways, guys, drop your meme 1475 01:19:59,800 --> 01:20:05,320 review score in the chat as we cover ours live and we will 1476 01:20:05,320 --> 01:20:07,240 review it live. All right, Mine is. 1477 01:20:08,800 --> 01:20:11,520 I hung out with my buddy Joe. I'm actually going to go hang 1478 01:20:11,520 --> 01:20:13,600 out with him for Thanksgiving. I'm going to do Friendsgiving 1479 01:20:13,600 --> 01:20:16,400 with him and he he hooked me up with a bunch of Bitcoin books 1480 01:20:16,400 --> 01:20:19,880 and and the Bitcoin magazine, the latest releases. 1481 01:20:20,120 --> 01:20:22,520 But I was super hyped when he gave me this. 1482 01:20:22,520 --> 01:20:26,600 One shouts out to Mark Goodwin, The Bitcoin dollar and economic 1483 01:20:26,600 --> 01:20:29,960 Mono myth. I have yet to fully dive into 1484 01:20:29,960 --> 01:20:33,400 this, but this is one that I've that I've been meaning to read. 1485 01:20:33,400 --> 01:20:37,200 I read the intro, marks the go, absolutely love him. 1486 01:20:37,200 --> 01:20:40,960 He's editor at large at the Bitcoin Magazine and I can't 1487 01:20:40,960 --> 01:20:43,320 wait to read his book Anyway. So what's your meme review 1488 01:20:43,320 --> 01:20:45,560 Score? My meme review. 1489 01:20:45,560 --> 01:20:51,320 Score is this Energy Protection Energy Saver Trick Chip? 1490 01:20:51,640 --> 01:20:56,480 This is an anti radiation sticker that I bought on Amazon 1491 01:20:56,480 --> 01:20:59,880 and I've stuck it on to like all of my electronics. 1492 01:21:00,240 --> 01:21:04,240 So that it like I honestly eliminate radiation or 1493 01:21:04,320 --> 01:21:06,120 something, but like when I hold it. 1494 01:21:06,240 --> 01:21:10,320 It makes me feel better. I think it's like not real, but 1495 01:21:10,320 --> 01:21:15,240 apparently it absorbs radiation from computers, cell phones, 1496 01:21:15,240 --> 01:21:19,400 Wi-Fi and. Yeah, I I'm on my phone all day 1497 01:21:19,400 --> 01:21:22,400 24/7 so my brain is I'm not sure if it works. 1498 01:21:23,360 --> 01:21:25,480 But yeah, someone debunked that in the chat. 1499 01:21:25,720 --> 01:21:29,280 All right. Anyways, anyways, guys, while 1500 01:21:29,280 --> 01:21:32,840 you're dropping your meme review scores, scan the QR code. 1501 01:21:32,840 --> 01:21:35,080 Support us by getting some of the merch. 1502 01:21:35,080 --> 01:21:38,120 I do have some merch coming out for you guys. 1503 01:21:38,120 --> 01:21:40,800 Yeah, let's we have a model here for once. 1504 01:21:41,720 --> 01:21:44,320 You know, you see Sophie's wearing the orange Simply 1505 01:21:44,320 --> 01:21:47,360 Bitcoin hoodie. She does have the oversized one. 1506 01:21:47,360 --> 01:21:49,720 She's I'm pretty sure she's got like the large XL1. 1507 01:21:49,720 --> 01:21:53,600 We do have smaller sizes for you girls and the and the, you know, 1508 01:21:53,600 --> 01:21:56,440 the small boys out there. But we do have T-shirts, we have 1509 01:21:56,440 --> 01:21:58,560 hoodies. We are working on getting you 1510 01:21:58,560 --> 01:22:01,080 guys the hats. We are talking with some Bitcoin 1511 01:22:01,080 --> 01:22:03,040 artists. We've been going back and forth 1512 01:22:03,040 --> 01:22:05,320 on the latest design. It's coming guys. 1513 01:22:05,320 --> 01:22:08,160 Bear with us. We really appreciate it and we 1514 01:22:08,160 --> 01:22:10,200 really appreciate the support. It really does help us. 1515 01:22:10,200 --> 01:22:13,080 Anyways, we're going to get some dope stuff for you guys so that 1516 01:22:13,080 --> 01:22:15,400 you guys don't feel like we're just scamming you out of your 1517 01:22:15,400 --> 01:22:17,400 stats. We want to provide value stack 1518 01:22:17,400 --> 01:22:20,880 stats first, and then stack shirts and simply Bitcoin merge 1519 01:22:20,880 --> 01:22:22,840 second. All right guys, there is some 1520 01:22:22,840 --> 01:22:28,680 meme reviews scores in the chat. Let's get to them. 1521 01:22:28,680 --> 01:22:30,680 Hold on, let me get to the top of them. 1522 01:22:31,400 --> 01:22:35,640 All right, I think I got it. First, meme review scores by 1523 01:22:35,640 --> 01:22:37,280 tore up Hoddle and he goes meme score. 1524 01:22:37,280 --> 01:22:42,640 Future Bitcoin or baby names. But to be determined, Yes. 1525 01:22:42,920 --> 01:22:46,640 OK, next one is by Sail Dog 18. He goes. 1526 01:22:46,640 --> 01:22:49,320 I give those memes 5 Hickory smoked Turkey legs. 1527 01:22:49,320 --> 01:22:52,240 Oh, that sounds delicious. OK, next one, Mike Stemos. 1528 01:22:52,240 --> 01:22:56,880 I give the memes a rocket shit to compete this shit coin casino 1529 01:22:56,880 --> 01:22:57,920 meme. Let's go. 1530 01:22:57,920 --> 01:23:01,200 Oh wait. Oh, is this a hold on, hold on. 1531 01:23:01,200 --> 01:23:04,840 Where'd it go? Where is it? 1532 01:23:04,840 --> 01:23:05,760 I love the street. Forget. 1533 01:23:06,360 --> 01:23:08,320 All four. OK. 1534 01:23:08,320 --> 01:23:09,160 All right. Hold on. 1535 01:23:09,200 --> 01:23:12,280 Well, well, we'll restart the music, but I'll get back to it. 1536 01:23:12,280 --> 01:23:15,640 All right, Igor Meme score funds are Konfishkafu. 1537 01:23:15,920 --> 01:23:19,400 Yes. Matthew J Meme Review Score one. 1538 01:23:19,400 --> 01:23:22,080 Simply Bitcoin. Yes, Matthew, I know I'm getting 1539 01:23:22,080 --> 01:23:23,560 you. I'm getting it for you. 1540 01:23:23,600 --> 01:23:27,960 Just just bear with me. Ron P score One extra serving of 1541 01:23:27,960 --> 01:23:34,440 cranberry sauce is the score. Nigel Lowry meme score Seed on a 1542 01:23:34,440 --> 01:23:36,600 titanium plate, Not a gold digger. 1543 01:23:36,960 --> 01:23:39,560 OK, we love that Planet Earth meme Score. 1544 01:23:39,560 --> 01:23:42,000 Bullish on Bitcoin families? More Bitcoin babies. 1545 01:23:42,000 --> 01:23:44,440 Let's fucking go. Oh OK. 1546 01:23:44,440 --> 01:23:46,880 This one. This one I can kind of read for 1547 01:23:46,880 --> 01:23:48,040 once. I can read the score. 1548 01:23:48,240 --> 01:23:51,040 Optes Digital IDs, Mr. Mr. Opti Fields. 1549 01:23:51,040 --> 01:23:54,320 Can killing her boyfriend Score. She did nothing wrong. 1550 01:23:54,320 --> 01:23:57,240 Won't spend any time in jail. The customers are always to 1551 01:23:57,240 --> 01:23:59,320 blame. Take personal responsibility. 1552 01:23:59,840 --> 01:24:03,080 Not your keys, not your corn. Oh, my God. 1553 01:24:04,360 --> 01:24:07,360 So does Satoshi meme review? Shotgun wedding in Vegas. 1554 01:24:07,360 --> 01:24:09,960 Gonna be lit. Let's go, docs. 1555 01:24:10,680 --> 01:24:13,440 Kiwi boy. I give the memes a bowl of yams. 1556 01:24:13,480 --> 01:24:15,400 I hate them. Dang, they were that bad. 1557 01:24:15,400 --> 01:24:21,320 OK, Father Sarducci meme score. Buy more shabs. 1558 01:24:21,320 --> 01:24:22,680 Yes. This is the way. 1559 01:24:22,680 --> 01:24:28,360 This is the way. No, that's a that's a double up. 1560 01:24:28,360 --> 01:24:32,880 OK, let me go to Rumble. See, we got a few here. 1561 01:24:32,880 --> 01:24:37,560 So UTXLI give the memes a 100% safe and effective Ray Kitchen 1562 01:24:37,560 --> 01:24:41,440 sticker. All right, More ran scores. 1563 01:24:41,440 --> 01:24:45,040 Self upfront, more. OK, more so we can do that. 1564 01:24:45,360 --> 01:24:47,640 And last but not least, Narwhal tacos. 1565 01:24:47,920 --> 01:24:51,240 I give those memes a Rumble Flipping viewer, God candle 1566 01:24:51,240 --> 01:24:52,680 rocket ship. Get on board. 1567 01:24:52,720 --> 01:24:55,240 OK, we can do that. We can do that. 1568 01:24:56,920 --> 01:24:58,880 Get on board. Let's go. 1569 01:24:58,880 --> 01:25:01,400 All right, all right, all right, all right. 1570 01:25:01,400 --> 01:25:03,280 All right. The music is sending. 1571 01:25:03,280 --> 01:25:04,040 Me dude. Like. 1572 01:25:05,720 --> 01:25:06,680 All right. All right. 1573 01:25:06,920 --> 01:25:09,360 Well, so thanks for filling in today. 1574 01:25:09,880 --> 01:25:12,640 I guess we'll give the audience what they want and we'll bring 1575 01:25:12,640 --> 01:25:16,720 Sophie on again as soon as as soon as maybe next week. 1576 01:25:16,720 --> 01:25:18,400 No, at 2 Wednesdays from now. We'll see. 1577 01:25:18,600 --> 01:25:20,320 I'll bring her back on. We'll make sure we have self 1578 01:25:20,320 --> 01:25:22,840 back in. We'll make sure that the the Rio 1579 01:25:22,840 --> 01:25:25,760 Nico Jones is on the show, AKA Internet Selfie. 1580 01:25:26,040 --> 01:25:28,600 All right, So what do you got in the works? 1581 01:25:28,600 --> 01:25:32,640 You got some shorts popping off for us or I will be dropping. 1582 01:25:32,640 --> 01:25:37,720 Some more shorts. I am also dropping a skit, what 1583 01:25:37,720 --> 01:25:41,480 it's like to orange peel your parents throughout the years. 1584 01:25:41,480 --> 01:25:45,040 So that's going to be funny and. Hopefully not. 1585 01:25:45,040 --> 01:25:48,400 Cringe then. What else? 1586 01:25:48,400 --> 01:25:53,120 We have unconfiscatable coming up and you're not gonna want to 1587 01:25:53,120 --> 01:25:55,640 miss it. You're gonna definitely want to 1588 01:25:55,640 --> 01:25:59,840 come through to Las Vegas and have a sick time with us. 1589 01:26:01,720 --> 01:26:03,280 We're we have some stuff in the works. 1590 01:26:04,680 --> 01:26:06,680 Let's go. Absolutely. 1591 01:26:07,560 --> 01:26:09,360 Absolutely. Gonna be a great, great time in 1592 01:26:09,360 --> 01:26:10,880 Vegas. Anyway, Sophie, thanks for 1593 01:26:10,880 --> 01:26:12,640 showing up. Thanks for hanging out with us 1594 01:26:13,280 --> 01:26:16,440 guys. I think we're doing a show 1595 01:26:16,440 --> 01:26:19,920 tomorrow for Thanksgiving. I haven't actually talked with 1596 01:26:19,920 --> 01:26:23,440 Nico about this, but I I'm guessing we're doing some shows 1597 01:26:23,440 --> 01:26:27,560 for the end of the week. But if not, and for whatever 1598 01:26:27,560 --> 01:26:30,680 reason we don't do a show Thursday or Friday, I just want 1599 01:26:30,680 --> 01:26:33,480 to say happy Thanksgiving. We are super thankful that you 1600 01:26:33,480 --> 01:26:35,760 guys show up. Even all of our trolls that 1601 01:26:35,760 --> 01:26:37,600 constantly give a shit in the chat. 1602 01:26:37,960 --> 01:26:40,520 We love you guys too. Wouldn't be here without you 1603 01:26:40,520 --> 01:26:43,120 guys. As long as we're doing whatever 1604 01:26:43,120 --> 01:26:45,960 we can to make simply Bitcoin better, I am all for it. 1605 01:26:46,400 --> 01:26:49,120 Happy Thanksgiving. I hope you guys eat well. 1606 01:26:49,120 --> 01:26:51,680 Hang out with your loved ones, of course. 1607 01:26:51,680 --> 01:26:54,400 Orange pill, your friends and your family and set. 1608 01:26:54,400 --> 01:26:56,440 These ideas don't be unbearable though. 1609 01:26:56,480 --> 01:26:59,560 Just when they when the when the opening is there, when the gate 1610 01:26:59,560 --> 01:27:02,320 is there. You smash them with that Bitcoin 1611 01:27:02,320 --> 01:27:05,280 signal. All right guys, we love you guys 1612 01:27:05,280 --> 01:27:08,240 Like, share, subscribe, spread the Bitcoin signal. 1613 01:27:08,320 --> 01:27:12,720 All Bitcoin signal. It's about fighting this 1614 01:27:12,720 --> 01:27:16,680 information war with mimetics. Because we have the truth on our 1615 01:27:16,680 --> 01:27:21,600 side and we have the best money and the normies out there just 1616 01:27:21,600 --> 01:27:24,200 don't know. Yes, as Planet Earth says, 1617 01:27:24,200 --> 01:27:28,120 nothing stops this train. Everyone is going to wake up. 1618 01:27:28,120 --> 01:27:30,120 Everyone will adopt Bitcoin soon enough. 1619 01:27:30,440 --> 01:27:33,120 And we are the frontline soldiers, so continue to spread 1620 01:27:33,120 --> 01:27:35,240 the signal. On that note, Happy 1621 01:27:35,240 --> 01:27:37,600 Thanksgiving, guys. I we should see you tomorrow. 1622 01:27:37,600 --> 01:27:40,240 I'm not exactly sure, but if not, I love you guys. 1623 01:27:40,240 --> 01:27:41,920 We're thankful for you guys showing up. 1624 01:27:42,320 --> 01:27:44,200 We're going to continue to give you guys that signal. 1625 01:27:44,920 --> 01:27:45,480 Peace out.