It's all going to zero against Bitcoin.
It's going on forever. You're against Bitcoin.
You're against freedom. Yeah.
Welcome to another episode of Simply Bitcoin Live.
You're your number one source for the peaceful Bitcoin
revolution code, bringing you use culture, mining, warfare.
We will be your guide through the separation of money and
state. Brian Brooks, he was the
Comptroller of the currency said the quiet part out loud.
He said that Bitcoin is going to replace the banks right.
And now I said that it kind of makes sense why Jamie Dimon
reacted the way that he reacted, right.
And and if you think about it like, from, like a common sense
perspective, like at the end of the day, you know, banks make
money off holding your money, but what's in it for you?
What's in it for you is the convenience of it, right?
It's not really convenient to hold like $1,000,000 under your
bed, right, in cash. And then they charge you a fee
for that, right? They charge you like if you have
any bank in the US, if you like under like 1500 bucks in your
account, they charge you like a quote, UN quote, convenience
fee. And it's like what?
It's like $15.00. So like, it charges you.
The banks are charging you for holding your money even though
they're making money off of your money, right?
So it's kind of weird. It's kind of strange.
And it used to not always be that way.
Like banks used to actually pay you like a decent interest.
But obviously things have changed, obviously.
So yeah, I I really think that that's the reason that Jamie
Dimon, why he's so against it, 'cause I think he sees the
writing on the wall. And OK, you could say that's
just a bit bunch of Bitcoiners speculating and theorizing, But
you have Brian Brooks. Brian Brooks was the former
acting US Comptroller of the Currency and during the Trump
administration, right. And he was a huge fan of
Bitcoin. And he's been saying that like,
you know, quote, UN quote, cryptocurrency does not seek to
replace currency. It's a bad name.
Cryptocurrency seeks to replace banking, right?
So and it's interesting, 'cause, you know, we know how Trump
feels about CBD CS. Obviously he hasn't talked
negatively about Bitcoin, but here's someone that was part of
his administration that actually looks at Bitcoin favorably and
he was pretty up there, right? So anyways, a lot of stuff to
talk about. We have a lot of stuff to get to
part of the show. I want to bring up my legendary
Co host. Always optimistic.
How you doing? Hey Nico, I'm I'm gonna let you
continue, but you're way too low energy.
Hey, what is going on? Miko needs some coffee.
I was just saying that I was low energy.
I only had two cups of coffee this morning.
But man, Nico, you got to really bring bring the.
Heat. I got to step it up.
Yeah, yeah. I think, I think we need some
more five over there. We need like a maybe even at a
four, maybe even at a four. But anyways, anyways, I I want
to read this comment over here on Rumble because it's
absolutely hilarious. Shouts out the UTXO, he goes,
Garth Brooks said. Bitcoin is going to replace
banks. Brian, Brian Brooks I.
Don't think Miko even knows who Garth Brooks is.
But that doesn't even. Know who?
Who is Garth? Who is Garth?
He's a country country singer. OK Anyways, anyways.
Anyways, our friend, our friend Josh Friedman, Did I say right?
Josh Friedman did. I say.
Right. You got it right.
Yep. This guy's last name, this guy's
last name is literally freedom man.
Like couldn't make up he's he's in the right industry Anyways
Josh everyone knows culture. We feature our our guests.
So Josh you work with slice and and this is the first time I've
heard of it. So let's give the audience a
little TATLDR and then and then we'll go into the the nitty
gritty during the culture. For sure.
So Slice, basically the what I do is I ask people, would you
rather make money online or not when you're browsing.
What Slice does is we basically will show you ads and instead of
you know, taking all of your your data, not giving you
anything, what we do is we split ad revenue with users.
So if you see an ad, we make some money and we're going to
give you half that money. So over time, obviously you're
starting to make a little bit of money.
When you're browsing, you can cash that out for dollars, go to
PayPal, take a 4%, you know, cut from it and take it, take it in
USD or you can get it in Bitcoin.
So most of our users prefer Sats, and I think this is an
amazing tool to help the next, you know, however many millions
of people, as we gain users begin to see that Bitcoin is
better because not all these people who use Slice are
necessarily bitcoiners, but they they're thinking, hey, if I can
get some Bitcoin, might as well. So Slice, I'm excited to be a
part of the team. I've been part of the team for
like 6 or seven months, or six or seven weeks, but I've been
the Slice user for about eight or nine months.
OK, awesome. Awesome.
All right, well, we'll we'll break it down during the
culture. But sounds sounds super cool,
man. Really excited for this one.
Yeah, it's it's kind of like a new kind of model, right?
Because like, I'm sure we'll talk about this during the
culture, but it used to not always work like that, right?
Like. Plus value for value, right.
So like it's one of those things where we're, we're sharing value
with the consumer. So it's kind of flipping value
for value a little bit on its head because I'm also a creator.
I love Fountain because people can send me some Sats, but we
also have never they had a great way to give the consumer Sats as
well, and that's what Slice is helping to do.
Yeah, yeah, that's pretty cool, man.
Well, I'm excited to talk about that.
Sounds really, really interesting project.
Everyone's talking about my energy, so I'm going to step it
up. Yeah, dude, you need it.
What? What is the Bitcoin Live?
Nika's already on the weekend, bro.
He's already on the weekend I. Gotta take it from the top.
I gotta take it from the top. Anyways, ladies and gentlemen,
it's going to be a great show. Let's get into it.
We got the numbers first. Let's check it out.
Here we go. The Bitcoin numbers.
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situation we have to explain. Putting me to sleep?
Make out. Don't put yourself in a
situation Well, you have to explain to your grandchildren
why they fell asleep because they didn't.
Why they couldn't sleep anyways. At the time of recording, the
Bitcoin price is 41,800 cents per dollar 2393.
Block Height 827,502 blocks to having 12,498 Total lightning
network capacity 4846 Bitcoin Capacity Value 202 million U.S.
dollars Realized Monetary inflation 1.74% The market
capitalization of Bitcoin $819 billion Bitcoin verse gold
market cap 5.95% In the grand scheme of things, Bitcoin is
just getting started. Anyways, this is a video that I
have for you guys, but first I want to explain who Brian Brooks
Brian P Brooks is. So he's an American lawyer,
banker, and entrepreneur. He served as Acting Comptroller
of the Currency, succeeding the 31st Controller of the Currency,
Joseph Otting, and he was nominated twice by the previous
president. He also worked at Bitcoin and
crypto companies he worked at. He was the chief legal advisor
at Coinbase from 2018 to 2020 and Bitfury from from October
2021 to 2022. So I mean Bitfury from my
recollection, I think it's one of, it's a very big mining
company. So I mean, yeah, like it's
interesting to have someone like within the halls of government
in the administrative state that is so bullish on Bitcoin, right?
And then he said this in regards to what Bitcoin is actually
going to replace. So specifically to use his
words, what cryptocurrency is going to replace.
So I'm going to play this and then we'll talk about it.
Cryptocurrency does not seek to replace currency.
It's a bad name. Cryptocurrency seeks to replace
banking. The core things that banks have
done since the 1300s, those are going to go away 100%.
And and let's just be clear what I mean by that, the reason that
we even have banks, banks originated in Italy around the
year like 1340. All right.
And the reason they originated was because of a set of
accounting advances that allowed banks to serve as trusted
intermediaries between parties that owed each other money.
Before that, literally I would write you a note and I would
promise to pay you money and you'd put the note in your
pocket and you'd see if anybody else would take the note.
You know, that's that's why we prefer to discounting notes.
And then banks arose and it was like, you no longer need to do
that. We'll take care of it for you,
but you're going to have to pay us to do that.
That function of needing a trusted intermediary to maintain
ledgers of account to figure out do IO Brooks money or does
Brooks owe me money. It turns out that function no
longer has to be done by human beings, the same way we don't
need postal clerks anymore. I can send you an e-mail for
free and it's instant. And that's just the end of the
post office. Sorry, but it just is.
That function will go away. The the what's going to be left
for banks is the high value add services.
You know, structured finance, investment advisory, you know
all of the things that make a dynamic economy function.
We we still need people to do that.
There's a lot of creativity going on in finance.
But the core of banking, the base of the pyramid, the thing
that drives most of their revenue doesn't need to exist.
And that's why I say, and I was saying to one of the organizers
even before we set up on this panel, cryptocurrency does not
seek to replace currency. It's a bad name.
Cryptocurrency seeks to replace banking just if you take nothing
from this panel but that. That's what you need to
understand. I mean, and then, you know, he
might know what he's talking about.
Here's the title for the Office of the Control of the Currency.
The Office of the Control of the Currency charters, regulates and
supervises all national banks. It also supervises the federal
branches and agencies of foreign banks.
So I mean, pretty big statement and now it.
Now it's so clear in my mind why someone like Jamie Dimon, the
CEO of one of the world's largest bank, if not the world's
largest bank, why he's so hell bent against Bitcoin.
Like, it makes perfect sense now because he kind of walked it
back a little bit and he said like, Oh no, like there's still
going to be opportunities for banks.
And then he and then he like kind of doubled down.
He's like, but the bulk of their revenue is just going to
disappear. So if I was like someone like
Jamie Dimon, what's that saying, Opti, that we always say like,
you're not going to understand something that you're that
you're like, you're like your life, your living depends on.
So yeah, I mean, you know, if I was a container banker
benefiting off the Fiat parasitic system, I would
totally be against Bitcoin too. But I love Jack Mahler's the way
that he approached it. You know, he was dropping some
Epstein bombs in there and he was just basically saying, like,
I don't care what this person thinks.
So but fine, you might not care what this person thinks, but you
might not understand, you might not fully understand what his
motivations and what his reasonings are.
I think Brian Brooks explains it perfectly here.
And it's not just a Bitcoiner on the Internet, right?
This is someone who's in the top echelons of government and he
also worked in the private sector, you know very you know
in in big companies as well in the industry.
So this guy obviously knows what he's talking about and I I think
he hit the nail on the head. And I mean, it's obvious.
I mean we were talking about it like in the very part, very
first part, very beginning of the show.
Whereas basically saying like self custody and the ability for
people to transact peer-to-peer, it it just like it kind of makes
all of like, dude, like try sending a wire, Like sending a
wire. You have to pay $30.
You don't know why you're paying that $30.00, but it's always
this $30. Sometimes it's sometimes it
arrives the same day, the next day, you know, it arrives
sometimes this happened to me where it gets lost and you're
like, where is that? And then, you know, you call the
bank and you're like, Oh no, it's in compliance And you're
like what? What's going on there?
It's like compliance can't talk to you.
So like, it's like some weird kind of opaque system and the
moment you send Bitcoin on chain, it just clicks for you
because it's instantaneous, it's open, it's transparent.
The other person can't say I can't, I didn't get the wire
because you literally send them a link with the blockchain and
like the transaction, the TX ID and all that stuff and it's
like, it's there, bro. I sent it, right?
So I mean, yeah, I fundamentally agree with him.
I think that it is going to replace banking.
I think it's it makes their it destroys their business.
Like their business model kind of goes away, right?
If people could take self custody, if people don't need to
go through an institution to send a wire and people could
just do it peer-to-peer. Yeah it makes it go away.
So I agree with him. I agree with him and explains
why Jamie Dimon got so upset, got so butthurt.
Anyways, Opti, what's your take bro?
Yeah, well, I mean, look, Jamie Dimon.
Wait, what did Sean say? Jamie Demon.
He's not a dumb guy. I I am convinced now after
everything we've been talking about, you know for a long time,
you can make the case that these people just don't know what's
going on with Bitcoin. And and you can still make the
case that they probably don't understand Bitcoin on a
technical level, which most of us probably don't have.
You know a technical understanding like Bitcoin core
devs in general. But these people aren't dumb.
They understand what is at stake.
They understand what game's being played.
And if you route around them, you know the the quote, build a
parallel system that they cannot control.
Of course they're going to come out against Bitcoin because,
look, it's in the, it's in the first paragraph of the white
paper. Like the financial system that
we are using right now is based on a lot of trust and that is
based on a lot of trusted third parties.
Now Jamie Dimon is one of those trusted third parties.
Like, why? Why do we think that he's not
going to come out against Bitcoin when it literally will
eventually destroy his business model if he doesn't adopt
Bitcoin? So of course they don't want
competition and we know right now with what's going on in the
world, there is competition on the dollar and they don't want
to compete on the market and that's just where we are right
now. And you know, to that point of
Brian Brooks talking about in that clip, Bitcoin is just a
global digital Ledger that isn't controlled or manipulated by
anyone like say that that will eliminate banks or maybe it is a
currency. Like, I think it's besides the
point. It's like an uncontrollable
digital Ledger. Of course the banks out there
don't want you to use a Ledger that they can't control because
that's how they're able to make the profits.
That's how their business model is run, is by basically
manipulating text message and ledgers worldwide.
So of course, the trusted third parties don't want you to join a
monetary system that they cannot control.
And so as much as people still think and fall for the authority
fallacies out there, you know, Jamie Dimon is a well respected
person in the traditional financial world.
It's no, it's finance. Finance.
Yeah, sorry, we're getting. We're fancy, bro.
We're fancy now, of course. Of course he.
Say it Opti. Of course of course he's
incentivized to continue to gaslight the population out
there until of course you know they they get their bags packed
and and let's not forget guys, Jamie Dimon is an authorized
participant to the Black Rock Spot Bitcoin ETF.
So don't listen to what they're saying watch what they do and
I'm I'm convinced that these bankers out there they they got
to have some Bitcoin. I I don't think that they are
are as as dumb as we would like to make them out to be.
Like if they don't have Bitcoin directly they know what is going
on and they know why you want to hold some Bitcoin.
Maybe they're just totally entrenched in their business
models and and someone in our Telegram chat Nico played that
one Chrissy Lagarde clip that was like 2 years ago or whatever
about like the inflation and and expanding the balance sheet like
it will come down and it's so funny.
In In Due time. In due time it'll come down and
it's just so funny that that she had to very directly be like
there is no cryptocurrencies on the EC BS balance sheet and
it's. Like she's kind of she was kind
of snappy about it it. Kind of a little bit.
It's 'cause you you got to know that they are getting asked
about this constantly. So every banker in the world, as
far as I'm concerned, at least these big bankers, obviously
they're incentivized to not embrace Bitcoin because we know
the playbook guys, you FUD Bitcoin, you stack your bags and
then once you have your position, you start to endorse
Bitcoin. And we are in the then the
Endorse Bitcoin part of the journey.
So oh man, it's so awesome being a Bitcoin.
Anyways, let's get Josh Josh's take on this.
Yeah, well, kudos to Brian P Brooks for saying the quiet part
out loud. It's not something that Jamie
Dimon he needs to know. He already knows it.
But I think a lot of people who are listening to Brian, they
probably haven't ever thought about Bitcoin as something
besides a currency because we use the term cryptocurrency.
But replacing the banks is something that, you know, there
are a lot of ways that could happen.
I liked his example of letters versus e-mail.
People still today like sending letters to their friends and
their loved ones from time to time.
It's, you know, romantic, idyllic, quaint.
In the future, you know, Who knows?
I I doubt it because last time I went to the bank, I hated having
to go through the the hoops of sending a wire transfer.
But, you know, maybe in the future people will want to send
a wire transfer as a way to kind of relive the old days.
But I'm thankful for what Bitcoin is at least making
possible for people now, and it's great to be seeing all
these new services that are being provided to Bitcoiners
like on a consistent basis. And I think it's just ramping up
like 2024-2025. We're going to keep on seeing
the businesses that have already been going for a while continue
to grow and some really cool projects I'm sure are going to
be just over the horizon. Couldn't agree more.
Wait, wait. Before we go on Josh saying that
people will be using wire bank wires, like just just for
nostalgic reasons. It's like us pulling up a
landline. Like Oh my God dude, telephones
are connected to the wall. This is amazing.
Well, and so he people look back like, you know, you there's
stuff on social media every once in a while people will be like,
oh, this is a really cool thing they used to have.
I think it's mainly a joke. At the same time, you can look
back at the past and say, oh, that was really cool.
Like, I wish we could go back and have some retro vibes.
But at the same time, it's good to remember there's a reason we
moved past old technology and moved on to new things,
especially if it's what the market demanded.
You know, you could say central banking is not necessarily
something that the market demanded.
We have it for now. But I think, I think that
there's just going to be a lot of really cool stuff that's
built in the future. And people might go back to the
old ways just for fun, for a little little time, but they'll
always go back to the newer and. Better tech.
It's like, yo, what are you doing this weekend?
I'm going to send a wire bro. OK.
Last last time I was at the bank to send a wire transfer, I asked
the guy if he ever thought about using Bitcoin.
Whatever else, you know, like your thought about incorporating
Bitcoin into banking or like looking at it for collateral for
a loan. And the way that he looked at me
and responded to me, I knew he was just thinking this, this
poor idiot. You know, he doesn't know what
he's talking about. And in that moment I was like,
either he's really wrong or I'm really wrong.
But those two perspectives? Not necessarily the two people.
But those two perspectives can't coexist in the long term.
Yeah, And and that's a really good observation and I'm glad
that you brought that up, 'cause I remember the first couple
years in Bitcoin, I would bring it up to everyone, anyone that I
thought had some type of financial authority.
So like friends of mine that worked in, you know, it's for
for wealth management, banks and all that stuff, you know, going
to my local bank, right. And go in there and be like,
what do you think of Bitcoin? And the the reactions are always
different, right? Some, some people are like, I
love Bitcoin and then some people are like, no, I didn't
say the government is going to ban it or something like.
But Long story short, the TLDR is that in my you know, I I
don't do this anymore. But in my six or five years of
doing 5 to 6 years of doing this, I never ran into one
person that gave me a good reason as to why Bitcoin was a
bad idea or as to why this thing wouldn't work.
It was always like like repeating the rhetoric that they
saw and heard on TV or just the like the same old BS kind of
talking points. Or I could just tell that they
don't understand what's happening, but it was never cuz
they actually gave me a good reason.
So that's just that's interesting.
I mean, like, it's very simple. Like if you use Bitcoin and then
you go to a bank, you're like, wait, which one is easier to
use? It's just like it's Bitcoin.
It's very obvious that it's way easier once you actually
experience it. Bitcoin is so much simpler than
going to it. Like you don't even have to
leave your house to move your money.
Like who doesn't want to not go to a bank and move your money
around it. It's so much simpler.
It's actually amazing that people think it's complicated.
I'm not really convinced that like what we have to do, the
hurdles we have to go through at banks, like we don't even need
those. But it's just they've been able
to make it as difficult as they want and have as many standards
as they want. I'll be interested to see if
there's as Bitcoin becomes more competitive as as the the
banking world sees Bitcoin as more of a competitor, if they
begin to make things a little bit easier to try to compete
with Bitcoin. You know, I think that we all
know that any anyone or anything that tries to go head to head
with Bitcoin doesn't tend to win out.
But it'll be interesting to see if banks try to to improve the
user experience over time as they get a little scared.
Like a little more scared than they already are.
Well, Josh, don't, don't, don't forget they're trying to roll
out the Fed now. So they they're already working
on it. Yeah, that's a that's a a shade
of a shade of Bitcoin. You're here for digital
payments. Your digital payments need to be
better people. More efficient digital payments,
bro. This is not about Bitcoin.
Anyways, guys. If you guys are enjoying the
show, make sure to smash that like button.
If you're listening to us on YouTube, if you're listening to
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make sure to smash. That like button really helps
with the algos. And yeah, let's let's get to the
news. Ladies and gentlemen, we have a
lot to talk about today. Let's check it out.
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more. All right, ladies and gentlemen,
we are going to cover this topic.
So yeah, let's talk about the space cat and let's talk about
what's going on. So of course, we all know Craig
Wright. He sued multiple people for
essentially calling him fake Satoshi.
And you know, Hodelnot and Peter McCormack had to spend a lot of
their own money, a lot. The Bitcoin community supported
them. But it seems like, you know it,
it seems like there is a, there's a, there's a final
conclusion to this. So we're going to get to the
space cat in a little bit. But Peter McCormack also sued by
Craig Wright. And here's the thing about the
UK and a lot of these jurisdictions is it does, It's
not like the US, right? In the US, it's very difficult
to sue someone else because of their speech.
But the UK specifically is notorious for their libel law,
to the point that the Obama administration actually had to
pass a law to protect American citizens from that law, right.
So Craig Wright used the UK system to go after anyone that
said that he was fake Satoshi, one of them being Peter
McCormack, one of them being the space cat Hoddle.
Not so. That whole saga lasted at least
a couple. I mean, it was a very long, I
mean, look, five years of hell specifically.
And I remember when it started and shout out to Peter McCormack
for holding it through, but it seems like it's all done now.
Seems like it's over. So this is what McCormack said.
He says. My lawyers have just confirmed
that Craig Wright has had his final appeal denied by the
Supreme Court. It is over.
I won. Welcome to law, Mother Effer.
Permission to appeal was refused by three Supreme Court justices.
Lord Briggs, Lady Rose, Lord Richards, on grounds the appeal
did not raise an arguable question of law.
This is the end of the line for Wright's substantive claim
against me. Five years of hell over a small
amount of hell to deal with on cost.
Still, but we did it. I have so many people to thank,
my lawyers, my brother, hot or not, and all the people who
reached out with support, the people who helped with some of
the cost. You know who you are.
And now we turn to our brothers, Hot or not, Cobra, Bitcoin and
the businesses and developers still under attack.
No mercy. Let's finish them.
Absolutely, absolutely. Hit the nail on the head.
And here is hot or not. And he said, and there is this.
And there is the settlement offer.
Curious timing that it would come just after the latest bunch
batch of evidence was dismantled.
PS there is no way Copa will accept this.
It's ridiculous. And yeah, Copa did not accept
the quote UN quote settlement and their reasonings were
actually pretty good. So let me pull that up in a
second. This is quite entertaining to
read. Wow.
Nico's not only low energy, but he's unprepared for today's Show
I. Can't find it.
I tell you what you can see the the passion from Peter coming
through and that I saw that earlier today and I feel bad for
him. He's really gone through a lot
and I guess I've seen more of his than huddle knots, but it's
great that it's starting to come to an, yeah, I mean, final
close, right? It just took a very long time.
But yeah, it's finally coming full circle, which I think is a
good thing. Here's COPPA and it says hard
pass on that quote settlement, just like Craig Wright forges
documents and doesn't quite tell the truth.
His description of the settlement offer isn't quite
accurate either. It comes with loopholes that
would allow him to sue people all over again, right.
So I mean, is this the conclusion, this is it over?
I don't know. But you know, I, I, I, I, I
don't know. I don't know what?
I don't know. What I got to say, dude, about
this whole saga, like when it was happening, I personally, I
don't believe Craig Wright is Satoshi.
All he had to do is just sign an address that he quote, UN quote,
you know, that people know that belonged to Satoshi and he could
have signed it and proven that he had those keys.
Therefore, there's a high probability that he was Satoshi
and he and he didn't. He never did.
He had the opportunity to. There was multiple judges in
multiple jurisdictions, 2 in Europe and one in the United
States, that the three of them not simply Bitcoin but those
judges called him a liar, essentially that he
misrepresented the data. And then not to mention the fact
that how anti Bitcoin is that behavior where you're
essentially trying to silence someone else's speech because
they disagree with you and you're trying to tell me that is
Satoshi Nakamoto, that is so anti Bitcoin.
That is like the opposite of what Bitcoin represents.
So it's multiple reasons why I don't believe he is Satoshi and
and I think that he used, you know, his business partnerships
and his relationships to kind of try to bully certain
influential, influential bitcoiners into silence, which
is just total bullshit. I'm glad that it had a great
resolution, but it took five years, you know, five years.
It's a big percentage of your lifetime fighting this.
So I think, you know, you know it 50 years from now, you won't
regret that you did this. I think it's like, you know,
it's part of part of Bitcoin's history and all that.
But I'm sure that it wasn't uncomfortable.
I'm sure that it was very uncomfortable to go through.
And there was points where Peter even said that this almost
brought me on the verge of bankruptcy, right.
You know, I had to spend a lot of money just to deal with this.
And you know, Peter has a pretty successful podcast.
He's in that position where you know, he might have that income
to necessarily to pay those legal bills.
But imagine if you didn't have that, like imagine if you didn't
have that wealth. Imagine if you didn't have that
situation he could have silenced you into, He could have, you
know, like essentially forced you into silence, which I think
is crazy, you know that that that mechanism is still exist in
today's world. Anyways, Opti, what's your take
on this? Yeah, well to be honest, like I
am kind of surprised that this has been dragged out for so long
and I'm, I'm glad that we can finally like close this chapter
and put it behind us. As you know, quote UN quote
community it. It is really amazing that Craig
Wright has been able to run this affinity scam for this long and
and actually like dupe a lot of people into believing he is
Satoshi and then the like BSV cult out there.
It's absolutely amazing that people still believe that he's
Satoshi after everything that's came out and like we can fill up
a whole show probably of just all of the things that prove he
isn't. But you know people people
really do want a saviour. And personally what's this
saying? I forget who said it first but
like if you see Satoshi on the road, kill him as like the play
on the Buddhist meme. I I just, I don't think it
really matters and I don't understand why someone would
want to come out as Satoshi. Like it's, you know, Satoshi
left for a reason and it was when what Gavin went to speak
about Bitcoin at the CIA, like you would not want to come out
as Satoshi. And it really makes you wonder
why his what his incentives are to do this.
I mean, most people would just say he's like a narcissist, but
to get? People to buy BSV.
Yeah, of course. You know, of course, like
Satoshi's vision, Bitcoin Satoshi's vision like.
You know. It's in the name.
Shouts out to the space Cat and Peter and and even Cobra
everyone that had to deal with this because it really if this
if this attack worked it would really set a a terrible
precedent for the Bitcoin community in general.
And like the fact that bit you know you we there's a lot of
contention on bitcoin.org. But like the fact that they
can't put the white paper on that website or you can't even
put the white paper in the UK right now and host it on your
website like it's absolutely crazy that we have gotten to
this point. So hopefully we can finally
close this chapter and this story and moving forward.
No one would ever make the mistake of trying to come out as
Satoshi. Just it just makes no like
there's there's no no sense to this unless it is to affinity
scam with your own shit coin. So hopefully this chapter can
finally close, but we'll see what happens anyways.
Josh what's up? Yeah, I don't have a whole lot
to add here. It's like I'm pretty sure I saw
something in the past about some BSV Ers kind of distancing
themselves from Craig Wright. If so, that's great.
I just don't pay attention to it.
I have paid attention to some of the legal issues.
One thing that I think I would I would rather after all of this
is like having to experience something in the United States
as opposed to the United Kingdom or or other places.
It seems like their legal system is so different and probably a
lot harder to defend yourself in.
So yeah, I I don't have a whole lot of other things to add
besides that, but it will be. I feel like people care less and
less about who's Satoshi Nakamoto is.
Maybe. As more people.
It doesn't matter. I'm wondering, I'm wondering if
it changes as more people kind of come into Bitcoin 'cause I
think anyone who comes in this, like they ask that question at
first, right? I I think it like the more the
the more Bitcoin gets bigger, the more I hope Satoshi never
comes back because I think human beings have a tendency to like
put like the fact that Bitcoin's beginnings are so mythological
really play into the story of Bitcoin's creation.
I think that once you put a human being behind it, I think
it it kind of tarnishes the image a little bit.
It it affects it right? It it puts a mortal behind what
is happening, right? But I think that if you separate
the two and it's just this anonymous name, no one knows
what the fuck he looks like, you know, it's I guess it's
Japanese, you know, no one can really fucking explain it.
It like adds to the mystery of it.
And I would say that's very, very unique to Bitcoin because
every other shit coin, every other, all coin, the founder is
still in the picture and you know who created it and they got
a pre, mine, etcetera, etcetera, etcetera.
Satoshi disappeared. And that was like, if not the
most important thing he did, or the second most important thing
he did behind creating Bitcoin itself.
We're discovering Bitcoin depending on if you ask.
If they don't have it out yet, you know History Channel's going
to come out with a banger at that point on Satoshi Nakamoto
is, and it's going to be an alien.
Well well to to Josh's point though Niko.
To Josh's point though, like it is very interesting that new
entrants that coming to Bitcoin, like it's always that's like one
of their earliest questions like who is Satoshi?
And then when you tell them like, Oh, no one knows.
It's it surprises me that people get scared of like, oh wait, we
don't know the creators. And we're like, no, like, that's
a good thing because you can't go to a certain person to shut
down this whole thing. But it's very interesting when
you get into just like a new Coiners and like mindset of
getting into Bitcoin. They're like, wait, we don't
know who created this. Maybe, maybe it's like the NSA
or something. It's like they created the
Internet, bro. Like you still use it and you
don't care. Like, it doesn't matter who
created Bitcoin. And I think like I said,
hopefully moving forward we can continue to just like beat that
in people's heads metaphorically that like it doesn't matter
matter who created Bitcoin. It is a network and it runs and
you can verify the code for yourself and and run a node for
yourself and and just follow the rules and it doesn't matter who
created this. A hundred 100%.
Well, matters are the the someone said it in the chat.
Satoshi doesn't matter. The ideas and principles of
Bitcoin matter. I 100% agree with that statement
and other news to kind of wrap up the Newsweek this week
because we had a lot of stuff. It's a great Newsweek, great
news cycle week. So Swan Bitcoin launches, Swan
mining out of stealth mode, goes on to say this is part of the
announcement on X. We've been working hard on a big
opportunity that came our way last year and today we're
excited to bring our mining operation out of stealth mode.
Swan mining began operations in summer 2023, currently operates
at 4.5 XA hash with deployment expected to exceed 8 XA hash by
March. Over 750 Bitcoin mine to date,
Swan Mining developed and deployed at warp speed.
Our understanding is that this is the fastest ever initial
development of hash rate at the scale in Bitcoin history, said
Hoffa Zaghuri, a chief investor, chief investment officer at Swan
and head of Swan Mining. Quote.
SWAN expanded dramatically over the past year, doubling team
size and growing revenue to more than 125 million annualized.
The company intends to raise its Series C financing in the in the
next in the coming months with uses of capital equally split
between financial services, mining and acquisitions was
stated in the press release. Swan founder and CEO Corey
Clipson also said that quote the company is actively working to
achieve a public listing within the next 12 months.
So I mean this is crazy. I think I saw the some of the
right here it says it on the top.
We're mining at 4.5 XA hashes, cloning it, closing in, closing
in on 1% of the network with equipment in hand to ramp it up
to 8X hashes. So I mean huge announcement from
Swan, a lot of people are kind of wondering where you know
where this money came from. I saw, I saw it on Rabbit Hole
recap and I saw some of of Bitcoin Twitter speculating that
maybe it came from tether, I don't know.
I'm sure we'll kind of find out over the next couple months more
details as this comes out and but pretty big win for Swan and
you know 1% of the network, I think that's that's a big
accomplishment. But I think a lot of people
still have certain questions about the operation, not to
mention the fact that they pulled this, I mean Hoffa really
addressed this, but they pulled this off very, very quickly.
It's not so easy to deploy miners very, very quickly.
So, but I'm sure like I said, they're going to answer a lot of
these questions are going to be answered in the next couple of
months as more information becomes public.
So anyways, Opti, did this surprise you at all?
Yeah, I mean like coming out of stealth mode with that much hash
power is absolutely incredible. And the and the fact that
they're going for 1% of total hash, like that's that's huge.
So you know, me personally, I don't ever root against Bitcoin
only companies. And you know, I I wish Swan the
best. But like coming out of stealth
mode with that much hash power and then claiming they're going
to get even more like basically doubling their hash power by
what like the end of this year something like absolutely crazy
crazy stuff happening over there.
So again you know I'm just I'm reading the news like everyone
else is like oh snap you know four point what was it 4.5 XA
hash is released like out of nowhere and and just the amount
of I don't know work and capital it must have took to deploy that
that much hash power is just it's crazy and then come out of
stealth mode right now and and then kind of wanting to acquire
more it's like wow they're they're building something huge
over there and it's it's going to be incredible to watch moving
forward. Well, I think I saw that, Corey
said. Is that 4.75 now?
So wow, that's pretty cool. Now I I don't know their numbers
and I don't think that they've shared them, but it'll be
interesting to see how they they deal with this going into the
halving. It's not an easy time for
minors. And so I guess you know, they've
been going at it for a while now.
They've just publicly disclosed it.
But it'll be interesting to see what happens with the halving
and how effective of a business this is for them or at least an
arm of their business going into April, May, June.
You know, I guess in the near future, as the price will likely
appreciate, it won't be as tough.
But I know right around the halving can be really difficult
for a lot of minors a. 100% and. And well the one question I have
are they using ocean? As their pool or what's doing
now. So we're just recently reading
the press release. We know as much as everyone else
that press release is. I tried to do as much research
as possible in terms of the reaction from the community and
the general consensus was like like where they raise that
money. Some people were speculating
that it came from Tether. Magoo was like basically putting
these things, basically saying that Tether was that he was like
connecting the dots between a Tether press release months ago
and the the Swan press release. But again, that's all
speculation. We don't know anything for
certain, but I'm sure that more details will come to light as
the days goes on. But I mean you know if you take
the press release at press value, this is a big win for
Swan. You know, a lot of hash, right?
And again, you want Bitcoin companies to succeed like you
want more hash rate coming online that that is, these are
all things that are good for Bitcoin, right.
So but yeah, like I said all the I'm sure a lot of this stuff
will be covered and we'll we'll give you guys an update once we
wait. Let's read this comments Justin
Bolvin goes crazy how a Bitcoin company is so efficient.
It's almost like Bitcoin is working and the Bitcoin
incentives are pure. Exactly, exactly.
Anyways, I do want to give a shout out to our sponsor,
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All right everybody, let's hit the culture.
We have a lot to talk about. The Daily Culture.
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All right, let's go, Josh. So again, maybe just start with
what slices again and then we'll get into some of this nitty
gritty and expose our audience to why they might want to add
slice to their browser. Sure.
So the basic idea for Slice is that you know when you're
browsing online, you're being advertised to all the time.
Or you block ads. You know, 40% of the Internet
uses an ad blocker. I'm one of that 40% and Slice
basically comes in and says, hey, if we share our revenue
with you, would you be interested in seeing ads.
So Slice has really been grown across 2023 into 2024.
We have 550,000 downloads as of a couple days ago and anytime.
Well, once you install the it's a Chrome extension.
You can get it on other browsers as well, but once you install
it, you'll start seeing ads from Slice and every time you see an
ad, you're going to get what we call a slice, which I will say
is not a token. It's just kind of the way we
denominate how much you have on using slice.
But each each slice is 1/10 of a penny and you can either take
that whenever you're ready, get the payout in USD or in Bitcoin.
And 75 to 80% of people prefer SAT's, which is pretty cool.
You know, talking about Bitcoin evangelism and trying to reach
10 million people. I think that this is a great
tool across the next couple of years especially to encourage
people to get Bitcoin. It's one of those things where
they haven't paid for necessarily, but whenever it
comes time to cash out the slices, they see that they can
either get a 4% cut if they want dollars via PayPal or using the
Lightning Network, they can get Bitcoin and they don't lose any
of their money to fees. So it's a pretty cool thing.
I will also say if you're a business and you want to run
ads, this is as far as I know, the only way across all of the
advertising industry to actually be able to advertise to people
with ad blockers. Because people have said hey, I
have an ad blocker, but I'm happy to see ads if I'm getting
paid. Interesting.
All right, so just to be clear, like where is the ad money
coming from? Is like Google ads like.
Yeah, so, so right now we're we're partnered with you know
there's a company like Tabula, they they send ads and we'll
show those ads. But what I was brought on to the
team to do is develop relationships with Bitcoin
companies. That's who I'm reaching out to
right now. But eventually like direct to
consumer companies, all these other companies and they would
pay us for ads and whenever we get that money when someone sees
it and then we just split the ad revenue 5050 with the user.
Now Roman asked a great question Sound, he says sounds like a
token. Why not just denominate it in
SAT's? Well it's not a token because
you can't really trade it. It's just a way that the it's
denominated as a bitcoiner. I wish it was denominated in
Bitcoin, but the prize appreciation can really I guess
catch people off guard potentially.
So unless we kept all of our ad revenue in Bitcoin that would
that could really mess this up, especially across the next
couple of years. But yeah, it's the Brave browser
is one of those things that they have their attention token or
whatever it's called, essentially slices like Brave,
but we're browser agnostic and instead of getting a scam token
that you're never going to use, you can get stats.
So that's I'm really excited about the opportunity to orange
peel a bunch of people as they say, hey, I'm ready to cash out
and see that they can save some money if they go into Bitcoin.
Love it. And we had a question here and
I'll pull up the numbers here. So what kind of revenue we
talking here? Let's incentivize the users out
there. So if if I do my job well, the
users are going to be making more money.
I I've, I've been using it across the last, you know, I
think I said like 6-7, eight, eight months.
I think it was last fall I was talking to Mike Jarmus and he
told me about it. I downloaded it.
I just cashed out recently and got like 16,000 SAT's.
So it's one of those things you're not going to make a lot
of money. It's it's a small way to thank
you for your attention, but as I create more relationships with
businesses, then we actually get more money from that direct
relationship because we're not working with the middleman and
so users are going to be making more money as I succeed in my
part of the job. Love it.
I mean, it kind of like goes to show that it's just like free
money on the table. Like it's just there and you're
now you get paid for it. And if you prefer, if you prefer
privacy, like if you want to use your ad blocker, go for it.
Once I found out about Slice before joining the company, I
thought to myself, if I can get some Sats for seeing some ads,
I'm happy to do it. So it's one of those things that
if if if you want to keep your privacy and you want to keep on
using your ad blocker and never see ads, Nope, no shame in that.
But if you want to make a little bit of money slices your
opportunity. Yeah, I love it.
I I was going to ask you that. Like our audience is generally
privacy concerned. So what?
What are the privacy implications here?
Yeah. So if you go to this, one of
those things that would be probably pretty boring to talk
about, we're going to treat you. Obviously we have to, you know,
have some some data to show you ads, but we don't have like
cookie tracking or anything like that.
We use your IP and if you want to really kind of get into the
nitty gritty of what what it means to use slice, we have ad
slice.com/transparency. That page is going to be not the
mumbo jumbo, but some pretty straightforward things connected
to targeting identifiers, activity, location, all these
things. So if you wanted to read up on
that adslice.com/transparency is going to be the best place to do
that. I feel like talking talking
through every single one of these might be a little
laborious, but we try to be pretty upfront with people like
you have to have some data to advertise.
But I Google's a black box and question is do you want if if
you're going to be seeing ads, do you want Google or do you
want slice? And for me, I've decided slice.
Love it. Love it.
OK, next next topic. You are also a content creator.
Why would content creators want to add slice?
Well so the the creator thing right now is just for Twitch.
I think something like Simply Bitcoin will be great once we
add YouTube. But basically for creators, we
we've partnered with creators once again over on Twitch, and
if they're a slice creator, every listener of theirs or
every, you know, subscriber, whatever else that that is a
user of slice whenever they're watching, for instance.
Simply, simply Bitcoin. Simply Bitcoin gets slices half
the revenue. So remember, like slice splits
revenue with the user 5050. But Slice, the company says,
hey, simply Bitcoin. If you're going to be promoting
us to your audience, we're going to give you our half of the
revenue when someone's watching your channel.
OK, yeah, we we do have a twitch, so no one knows we have
a twitch. We have one person over on
Twitch right now, shouts out to the Twitch person.
But yeah, no one knows we're on Twitch.
So, so if if you're if you wanted to try it out with your
with your 1 user and you convince them to actually use
slice, and every time they're seeing an ad, you're going to
get slices 50%, we figure it's a great way to get in front of new
audiences and also to be able to give back to the creator.
Is it KYC? Do you have to put in your ID to
start receiving SATS? So you have to you have to sign
up for slice like the the extension, but it's just an L
and URL so it just pops up and you you know, scan the QR code
and you got sats. OK, all right, so it's no KYC or
nothing. You just gotta put in your
e-mail and like make an account and all that stuff.
Yeah, yeah. So it's like a go to the Chrome
Extension store. Look up slice.
There's also a Slice tab, which is a separate extension because
of some technical things I'm not well versed in.
But every time you open up a new tab, you see an ad and you get
some slices for that as well. So it's kind of a nice little
thing to get some extra money. Now there's also tracks, you
know, people, we're tracking people's activity to where if
you're just like sitting there opening tabs all day, then
you're going to get a shadow ban.
But that's it's it's kind of a nice little thing and eventually
just like what what they do on Brave, we want to have like an
entire page that's an ad for you know, whatever company like, you
know, Swan River, any any of these types of companies.
I think it'd be super cool to be able to just have like an entire
ad that encourages people to get on a Bitcoin only exchange.
Because when I came to Bitcoin in 2021 it was through skip the
crypto stuff all together. I I had great Bitcoin only,
Bitcoin only education and explanation from the beginning
and I went and bought Bitcoin from a Bitcoin only platform.
So the more I can do that and the more I can help people do
that, the better. Yeah, I love it.
Love it, dude. Shouts out to our one Twitch
streamer. Maybe you want to add slice?
We appreciate it. All right, Josh, let's let's do
a little pivot before we get into the meme review, guys,
because I did bring a meme in. It's Friday.
You, you are a content creator and you are working on some
other stuff. So let's plug that What's a
business? Bitcoin Ization is Your Pod or
What's That podcast? Yep, yeah, Podcast.
And I just actually came out with an episode with the guys
from the Bitcoin Film Fest today.
So if you want to check that out, it's pretty cool.
They're, you know, getting together.
The next Bitcoin Film Fest is going to happen during the
European having party, but business bitcoinization.
Check it out on Fountain. I saw Torp huddle earlier
commenting. He's a listener.
He supports on Fountain sometimes.
So thank you Torp, for that. Yeah.
Basically when I came into the Bitcoin space, the ecosystem, I
was looking around. I've been podcasting for a
couple of years and I was just trying to see how I could kind
of contribute something unique and no one was talking about
business. And so I started the business
Bitcoinization podcast and I interviewed different business
owners or or people who have products and services in the
Bitcoin space that can help business owners and just have
released 91 episodes as of today and no plans to stop anytime
soon. So check it out.
It'd be great to have some some listeners from the show if
that's kind of up your alley. Let's go and and just like quick
question, how has been the response from small business
owners in regards to Bitcoin like do you go one-on-one and
talk to like business owners or just the podcast?
Yeah. So a lot of people change the
subject, change the subject pretty quickly whenever I hang
it up. But like I said so I actually I
was saying this offline. So I'll go ahead and say it.
Now we have the I'm, I'm based in the Jackson, Ms. area and we
have a Bitcoin meet up. We're planning a having party
ourselves and place we meet is called Belhaven Town Center and
the initials for that are BTC. The guy who is kind of behind
that development project is himself a bitcoiner.
And so we've been trying to talk through how to, in the most
attractive and natural way, begin introducing Bitcoin to
these business owners. And one thing I've kind of come
to recently is that you can't convince someone.
Well, you can, but like it's hard to convince someone to
accept Bitcoin. What you need to do is help them
to see the value of Bitcoin so that they'll become a bitcoiner.
Once they're a bitcoiner, they're gonna start saying, hey,
how can I get some more sats? And then that's when they start
using the tools like their business to begin trying to get
some more Bitcoin for themselves.
Love it. Cool man.
Don't agree more. OK, Last thing.
Last thing, Nico. I'm gonna, I'm gonna add to what
Opti was saying, which is like the, the this is like passive,
right? So like, even if it doesn't give
you too much money, like, it's just like it's something that
you download it, you know, it does its thing, and then every
once in a while you could just withdraw.
And then you were saying, you know, like maybe it's like 5
bucks a month now, but you know, if Bitcoin 10 XS when Bitcoin 10
XS from here, that's actually 50 bucks, right?
So you know, it's maybe it's not a lot of money, but you know
it's it's money that you weren't going to get anyways and you
don't have to, like, spend your time doing anything else.
It's totally in the background. I was actually talking with
someone the other day on one of their platforms and I was
talking to her. She said I was telling her about
slice and then she had forgotten that she even had it.
She had been using it for a while and had just forgotten
because it's in the background. Like when I open up a new tab, I
see how many slices I have. That's because I have the the
new tab feature as well. But yeah, you you have a lot of
controls there too. So once you sign up, you'll see
you can see more ads, less ads. Of course you know I want to see
as many as possible so I can get as many Sats as possible, but
you have some controls there there as well for yourself.
Love it. We do have one question and I
don't know if you can sneak release or anything, but will
this be available for like Safari or anything more than
Chrome or is it just going to be Chrome extensions?
It's it's Chrome and Chrome based and apparently a lot of
I'm getting out of my depth here, but a lot of browsers are
somehow Chrome based. Also it should be on Firefox.
We're doing some things there to make it a little faster and
easier, but I don't know if for some reason we don't have with
Safari. I'm sure there's a good reason
for that. It may just be an Apple thing, I
don't know, but unfortunately it's not available for Safari.
Sounds like an Apple thing. They need their cut, bro.
They need their cut. OK, last thing before we get
into the memes, Josh, you do have another project that you
said is just barely getting off the ground.
So let's plug that and then we can get some laughs for Friday.
Yeah. So the man behind this is Daniel
Hershberger. He he's just starting up a
nonprofit called Bitcoin is Better, which is focused on
reintroducing Bitcoin to the working class.
A lot of people have heard about Bitcoin but don't necessarily
understand it or know about it. And So what we're trying to do
is go to the working class especially and promote the
peaceful adoption of a Bitcoin standard by 2040.
So that's really what we're looking to do and we're actually
going to be I think having I think are having party and
Jackson is going to be one of the 1st events that's connected
to Bitcoin is better. So just kind of getting out and
about to the community and sharing with them about Bitcoin
in a way that makes sense to them and is valuable to them.
So it's bitcoinisbetter.org if you want to check that out, and
I'm really excited about being able to help with Bitcoin
adoption for the working class. Love it?
Yeah, that's. Couldn't agree more.
All right.
New question I've been asking all of our guests the put a bow
on this What is your last advice to the audience out there?
What's the last thing you want to leave the people with out
there? Man, that's a great question, I
would say. I mean, check out Slice.
If you're a business owner, I would love to talk with you
josh@adslice.com, but find ways where you can stack some Sats
like I just see someone commenting here full Lolly
Slice. All these places take advantage
while you can because in the future, your generation, the
future generations are going to think you're crazy for not
taking advantage of these opportunities.
So just, you know, stay humble, Stack Sats.
I feel like that's kind of a good place to end it, and
they're all these tools that you can incorporate into your life
now that make it easier than ever.
Love it. Everyone likes free money.
Take the free money. Take money.
Free money. All right, everybody, let's hit
the meme review. We have a lot to We have a lot
of memes to review. Let's check them out.
I got the daily meme review all right guys.
Yeah, I I I'm afraid of updating my Chrome browser over here.
I don't want to update anything. Oh the Oh yeah, the weekly meme
review. It's no longer the daily meme
review. All right guys.
You already know the deal. It is Friday and we got some
memes for you guys. You guys have been yelling at me
all week that you only come for the meme review which is Cap.
It's big cap. Anyways.
Tweets of the bullets, memes of the artillery.
We are in an information war and it's upon you guys out there.
The frontline soldiers to spread the signal ridicule the
corporate press and of course make some funny So your friends
head stay in the game. All right 1st meme is by our boy
American Huddle AKA American Huddle 8 on Twitter.
I guess it's his eighth account. Now we have this this bar here.
You know it's it's from January to December and it's pointing at
January and it goes you are here where SAT you currently huddle
and then you have all year the opportunity to get more cheap
stats before we hit all time high and the bull run and you
can see in April we are going to have the halving so keep
stacking it's going to be a great year I'm I'm kind of
convinced he's kind of bearish on this one his all time high
bull run going to be in December or earlier Nico I am I we'll see
we'll see we'll see Anyways anyways next one is by Dan Webb
AKA Heartland Bitcoin on Twitter and he goes we're at this stage
of Bitcoin adoption and for for all you millennials and Gen.
Xers and boomers out there remember when CD players became
a thing and all your cars had tape tape decks in it.
Well, this is Bitcoin parallels to the legacy financial system.
You have your Panasonic CD player plugged into your tape,
what audio adapter and this is what's going on.
This literally sums up exactly what's going on in traditional
finance. You know, we're talking about
Jamie Dimon. We're seeing Elizabeth Warren
come out against Bitcoin and then we see Gary Gensler approve
a spot Bitcoin ETF. And I've been saying this for a
while. What we're seeing right now is
the traditional fun on system trying to integrate Bitcoin.
But they can't they can't put what's it the square in the
round peg and so they're going to have to reroute everything
they're doing. This is a parallel system and
and it's not, you know they're going to need CD players in
their car. They're going to need aux cables
to the financial system anyways. Next one is by Lena Siche and
she goes trust the process and this week I don't think we
really covered this this week, but FTX had to unload a lot of
the G. BTCS.
People are saying that maybe this is one of the reasons why
the price is down and you can see FTX dumping Bitcoin.
And we have a little hodler over here goes, Oh no, it's going to
crash. And he's got an umbrella because
the price is going down. And then he looks back up and
he's like, wait, what's going on?
How come the price didn't go? Absolutely.
Why didn't it crater on us? Well, it's because we have Wall
Street scooping up Bitcoin and we have Hodler scooping up
Bitcoin and more Hodler scooping up Bitcoin and you guys out
there stacking them sad. So This is why.
OK, you know, we're back at, what are we 41K today?
All right, next one. Shots at the sea door.
Always hitting me in the DM saying they can't wait till one
of their memes gets on. Simply Bitcoin Meme review.
I'm pretty sure I've done one of yours in the past, bro, but here
you go. OK, so we have.
What is this iRobot? I forget, is iRobot?
Will Smith and iRobot. All right, so he goes.
Is Bitcoin really trustless for us?
Greg Brains. And we have Will Smith.
Here goes in regards to Bitcoin. It's open source.
Everybody can check the code and then we have the robot and it
goes can you. And then we have Will Smith.
You know the teary like, yeah, is it really trustless when US
Greg brains can't really verify the code And then you can see
Luke Dash news. It's not that hard guys.
Okay bro. All right, this next one is
Walker America. I absolutely love this.
This is such a good narrative, he goes.
Twice as much Bitcoin is lost as is currently controlled by
institutions and governments. Only a tiny fraction of the
world owns Bitcoin and after the having in April, only 1.3125 /
21 million Bitcoin will be left to be mined.
It make it might make sense to get some just in case it catches
on. And here's a visuals of you know
all the Bitcoin in circulation. You have Satoshi's coin.
You have all the individuals that have scooped up most of the
Bitcoin. You have more lost Bitcoin than
institutions and governments holding you have unmined
Bitcoin. Man.
It's really when you once you put in a visual it, it really
goes to show just how distributed the Bitcoin is
currently. And you know, and wait, didn't
we see yesterday that apparently the US government is going to
sell their Silk Road coins as well, So US government's going
to have even less Bitcoin? God, just love to see it.
Love to. See.
It said that for a while. Am I am I missing out on
something? I feel like they've sold it so
many times. They've sold some over the
years, but I think, I think they're going to.
Sorry, hold on, I'm joking on my saliva over here.
I think they're going to sell the remaining of their stash so
we'll see what happens. Maybe This is why Bitcoin price
is is cratering because they're selling it anyways.
The next one is by G Money Pepe and he goes New resistance map
to global Fiat tyranny just dropped.
I stand with Bitcoin and the Fed and it is America fully covered
and entrenched in Bitcoin. Crazy stuff going on in the
world. Wait.
You're against Bitcoin. You're against freedom.
Now we are seeing everyone in the world needs some Bitcoin.
If you are against Bitcoin, you are against freedom.
If you do not like the trajectory of the world going
straight into a dystopian tyranny, then you might want to
get some Bitcoin. It it might might make sense.
It might you know, it might protect you.
I don't know. I'm just I I I'm just a biased
bitcoiner. I think Bitcoin is freedom and
you should own some. Anyways, guys, drop your meme
review score in the chat while we cover ours live.
And I just realized I I'm not prepared for my meme review
score. So Nico meme review score.
Why I get a meme review score? I'm going to give it a copy of
Bitcoin Evangelism, Planting Seeds for the Decentralized
Revolution. Scan the QR code on your screen
right now. That's.
Nice, nice. OK, Josh, your score.
Actually, I'm going to give it a Brian de Mint.
Just one Brian De Mint. One Brian De Mint Josh, what's
your score? 21 million, I don't know the
scoring. System That's the best score
ever. Phenomenal score, Opti.
What's? All right, mine.
My score is I'm gonna give it this Lenscrafter receipt for
when I got my new prescription. Wow.
It's super good. Yeah, I'm gonna give it.
I'm gonna give it clarity and vision here for the meme review
score. Great.
OK, all right, everybody, drop your meme scores in the live
chat. I know we haven't done this in a
while, Opti. Wait, Wait.
Wait. Wait.
Wait, Wait, wait, wait. Give him some time.
Nico. Give him some time.
You already know the deal.
We got to play the merch, bro.
All right, tell all about the merch, bro.
All right guys, We oh, oh, we have gotten the new merch.
We, I think we just got some visuals.
We have yet to fully secure the bag for you guys.
But I think you guys are going to really like the new merch
design. We have partnered with a Bitcoin
artist. We got two designs.
We got some hats for you guys. So Matthew, we got hats coming.
I think we we probably have like 10 T-shirts left.
I think we have like 1010 of these orange hoodies.
We will be getting new designs soon.
We will partner with some more Bitcoin artists to get you guys
some epic designs but I think you guys are going to really
like these new designs that we we got a we got a little edit
from from our distributors chefs at the represent and man it
looks super cool internally we're like yo these ones are
lit. So again they are limited they
they hopefully will go fast and you guys can Rep the merch so.
So they're not just piling up at Nico's house right now, OK?
Let's let's go through the meme scores.
First one by Justin, some good orange volcano coffee for Nico.
Yeah, Nico needs some coffee. Elaine scored.
Not not goal. Guld in a cavern, In a cabin.
In a In a cavern, In a cabin excavating for a mine.
Bitcoin miners. Nothing's finer.
Bitcoin freedom. Just in time.
All right sat wise I give the memes 200K simply Bitcoin
subscribers by the end of the year.
Wine would be extremely happy. Wine gives it Nico, pronouncing
Malay correctly 2 out of 1,000,000 times and.
We got a 21, We got a 21. David.
David Ford. Gives it 21.
Wait, wait, wait, wait. We do have some over here on
Rumble. So first one UT XL goes.
I give the memes a cure for Opti's pneumonotrial microscopic
lycovolcanic gnosis. OK, Narwhal tacos.
My meme score is a + 42 K Fiat price level.
It's cringe, I know, but here it is.
OK, OK, we did it. We did it.
Meme review. Score on Fridays.
Meme review on Fridays. We're back.
You guys can't yell at me anyway.
Wait, wait. Actually, before we go, Nico,
sorry, sorry. I don't mean to cut you off.
I did do a poll. Anyways guys, if you enjoyed the
show, you know what to do. Hold on, hold on, hold on, hold
on. I I need to, I need to clarify
things here. The poll was do you laugh with
Opti or at Opti and shouts out the 45% of you that laugh with
me, the 14% that laugh at me and the other 40% that laugh at me
and with me. So shouts out to you guys, you
guys, the real life movies. All right guys, if you enjoyed
the show, you know what to do. Smash that like button.
Consider subscribing if you feel like we provided you value.
And I do want to give a shout out to our guest, Josh
Friedemann. Friedemann, thank you for so
much for coming on the show today.
And check out adslice.com. Really, really really appreciate
you coming on. Yeah.
Thanks for having me. It's been great.
Thanks for coming on, dude. All right guys, it's the top of
the hour. It's the end of the week.
Thank you guys for tuning in this week.
Really appreciate it. We wouldn't be here without
y'all. So we love you.
We appreciate you have an amazing weekend.
Spend time, you know, unplug a little bit, and we'll be back
Monday for another episode of Simply Bitcoin Live.