Yo today is September 3rd. 2022. Welcome to Simply Bitcoin live
your your number one source for the peaceful.
Bitcoin Revolution recover, the breaking news culture, me Matic
Warfare, we expose Central Bankers, government's all coins
we show you why only Bitcoin can give you true Financial
sovereignty. Today's the Saturday, special
welcome everybody. But first I want to say what's
up to my awesome co-host. How you doing opti-grab Nico?
What's up, world? How are you guys doing today?
It is sad. Today, I know you're chilling
watching Saturday morning, cartoons, but now you with us,
man. It's good to be here, Nika.
We were just talking about how great it is to be able to do
this. So I'm happy to be here color,
we have to admit culture, segment is I came across this
thread and it was you know what advice would you give yourself
when you started the Bitcoin Journey?
So we're going to, we're going to get into that.
So hopefully people don't wreck themselves.
Absolutely today we're going to cover.
It's literally the name of the title, an article by By the
propaganda mainstream media called, I wouldn't even call a
mainstream anymore, I'd call them Legacy El Salvador's
Bitcoin experiment, it's failed and we're going to go through
the various reasons as why that's just totally wrong and
suspiciously the same article is advocating for, you know what?
The US dollar. But anyways, let's start the
show, let's do this. Number two brought to you by not
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You won the bit box. My bro and I still haven't heard
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we'll get you in contact with a bit box, guys.
If you guys want to see the LIE, the raffle live, we did it in
yesterday's episode Opti where you say oh I was just going to
say I told him in the in a space yesterday.
So I think he's aware. I told him to watch again today
because we got to make sure it's the same one.
So so we don't get rug exactly Bitcoin.
Beacon were waiting for you brother.
Anyways at the time of recording the Bitcoin price has 19,000 818
US dollars. So that's four dollars also
known as Moscow time 5046 blocks block height 750 2406 26
reachable Bitcoin nodes fourteen thousand four hundred sixty two
blocks to The Happening 87,000 574 having estimate April 22nd
20. For total lightning network
capacity. 4639 capacity, value, 91 million, u.s. dollars
realized monetary inflation Bitcoin, taking the US dollar to
Absolute School, 1.78 percent, market capitalization for three
hundred, seventy nine billion dollars of the be Bitcoin is
still a baby. Anyways, today, I want to go
back in time. It is the Saturday special.
If you guys were wondering where where the story of the Word
hottel came from. I got you comes all the way back
from 2013. I'm going to read you the
original post. It's absolutely hilarious.
It's a must-read. We put the if you want if you
want to frame it which a lot of us do.
Definitely check out the link description, that's where it is.
Anyways, original post was by d, t CX + MC and he says, I type D
that title twice because I knew it was wrong.
The first time still On whatever girlfriend out at a lesbian bar,
Bitcoin crashing. Why am I houghtaling?
And what? And why, why am I holding?
I'll tell you why? It's because I'm a bad Trader
and I know I'm a bad traitor. Yeah.
You good Traders can spot the highs and low pity Patty Wing
Wang Wang just like that and make a million bucks.
No problem, bro, but likewise the weak hands are like, oh no,
it's going down when a cell. He he he and then they're like,
oh God, my asshole, that's my Traders.
You No, you know what the fuck they're doing by back.
And but you know what, I'm part of that group when the Traders
by back, I'm already part of the market Capital.
So, guess who you're cheating? Day Traders, not me.
Those taunting thread saying, oh, you should have sold.
Yeah, no shit. No shit.
I should sold. I should have sold moments
before every every cell and bought moments before every by.
But you know what? I'm not, you know what, not
everybody is as cool as you. You only sell in a bear Market,
if you are a good day trader or an illusion noob, People in
between and a zero, come zero-sum games, such as this
Traders, can only take your money if you sell.
So I've had some whiskey actually on a bottle.
It's spelled whiskey, whatever, sue me.
But only if it's payable in Bitcoin.
Now, it's debatable because the name of the post is, I am
houghtaling. Did he spell this on purpose or
that he spell it wrong, as he was struck?
Anyone know who knows? But anyways, a little bit of a
throwback little bit of a throwback into When history
legendary post and you know who it reminds me of?
It reminds me of one of opt. He's good, friends fuck-boy,
let's go. I love this Postman that the
ping pang, witty, whatever. Like this is the energy that I'm
literally going to pretty much cover the same thing in the
culture. Like, I'm glad that we brought
this, I didn't we didn't coordinate this, but guys, this
is the energy man, like it's a bear Market.
Hey, if you're a good Trader, All means do what you got to do
but for the rest of us just buy Bitcoin saving Bitcoin and go
live your life. Hopefully your life isn't as bad
as this guy where you're absolutely wasted and your
girlfriend's out at a lesbian bar but hey it is what it is.
Yep. Yep.
Fucking yellows crashing. The thing again has me
distracted, but was he, was he faded Opti, or did he do that?
Did you ever see the video? Did you ever see the video
afterwards? They know.
I forget who it was but like coin Telegraph or something.
Did a video that followed up on this earth like some kind of
anniversary and he just he yeah, you admit he's like yeah.
I was drinking Cheap whiskey. I was hammered and the market
was tanking. My girlfriend was leaving And I
was just in a bad place and people were telling me to sell
my Bitcoin and it's like, you know what, I am not a good
Trader. I am drunk and he couldn't spell
houghtaling or holding and we got an epic meme out of it.
I think this just a quintessential Bitcoin stuff,
you know, just like you take the Reckoning and you turn it into
something good, turn every no into a solid.
Yes. And this is just the way of the
big Horner. Yep, and take a look at that
fucking date, bro. Oh man.
Oh man.
Man. Oh yeah, oh yeah.
Also you reminded me. This guy actually is a shit
corner. Now, he really got disillusion.
I think he might even be like a bsv bag holder or be cash or
something like wrecked. Absolutely.
Wrecked, you know, as I always say, fix her mind and your ass
will follow again. I guess this guy's mine.
Never got fixed. Ha ha, ha.
Well dude, he will forever be a legend because he did come up
with the the legendary term hottel houghtaling hottel.
No. Anyways, let's get to the news
and expose the Legacy Media. Daily News brought to you by
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All right, all right. Alright.
Alright so another attack like always, unfortunately for these
people, we bring the receipts, so let's check it out.
Let's check out the spin like we always do.
This is Grady Bouche and he's a total douche retweeted says a
total failure. National review.com the name of
the article was the verdict is in for El Salvador.
Bitcoin experiment, it's failed. Let's check it out.
Shall we? And suspiciously everyone.
Take a look at the author. Steve Hankey.
We all know how Steve hanky feels about Bitcoin.
Steve hanky is a Panky. Anyways, this that's go down
since buchelli. Assumed the presidency on June
1st, 2019. His first mover grandiose plan
for Bitcoin, in El Salvador has generated buzz and a Litany of
failures. Let's check those out, shall we?
And 2001 long before big bouquet Lee arrived on the scene El
Salvador faced out its domestic currency the cologne Introduced
a dollarized competitive currency regime, one in which
the dollar was legal tender, but any other currency could be used
since then the country has rediscovered economic stability,
okay? Right.
Find the, the dollar is definitely you can't make the
argument against that because they are the world's Reserve
currency. It definitely is a little bit
more stable than, you know, a local currency of a poor country
that inevitably, the central bank is going to try to print
more money over there. And that's going to lead to
inflation, right? Not every country has the
benefit of the u.s. dollar. That's able to Outsource a lot
of its debt due to other countries holding the US dollar,
right? So that's the first thing and
you inflation has a has averaged, just a hair over.
Two percent since 2001. Well, not anymore.
I mean, like the US dollar, was it?
It hit a peak of 9% 8.5. Some people say it's not done
with inflation so people say it is, I don't know but not
anymore. Lowest in Latin America, over
that period economic growth has outpaced.
A lot of American average exports have risen steadily at a
faster rate than most countries in the region.
So do you see what they did there?
They implied that because of the US dollar economic growth has
outpaced, but unfortunately for them, simply Bitcoin fact checks
on this is, June 1st 2019, right?
This is when they implemented the Bitcoin law.
Now something interesting happens, right?
Which was take a look at This take a look at 2019 economic
growth 8.6 20/20 but look at 2021 the economic growth and El
Salvador. The GDP growth was at 10.8% not
too long after they implemented the Bitcoin law.
I remember what we always say here, we say that Bitcoin
changes your outlook for the future because it's a
deflationary currency because it's your purchasing power
increases over time. All of a sudden, you have hope
because you're like, oh, if I just save And I'm very
disciplined with my savings, and I try not to spend all of a
sudden opportunities open up for me.
And what I've seen change, I've seen that fundamentally changed
my life. I've seen that change opt, he's
life. I've seen that change hundreds
of bitcoiners life, right? And BK's handle.
I always bring it up. His handle is deterministic
optimism, and that's exactly what it does.
So is it a coincidence that a year or two after they
implemented the Bitcoin law? The GDP of El Salvador Rose.
I don't think so. Max Keiser makes the case for
this all the time but anyways back to the propaganda article.
So yeah, it's not because of the US dollar but of course they're
trying to come Engel that and you inflation has averaged just
over here, economic growth has outpaced.
A lot of American average, we read that, indeed from a
currency perspective, there's no difference between El Salvador,
New York, Texas, or California. Well, It's weird because
California and New York don't have Bitcoin as legal tender,
but California, New York are actually decreasing
economically. People are fleeing for better
opportunities in Texas and Florida, right?
And the murder rate in both. Those state has continued to go
up, but remember, I'll Salvador was known as the murder rate of
the world. Let's take a look at the murder
rate in El Salvador from 2010 to 2020 to, right.
We know that the Bitcoin law Implemented in 2019.
Let's take a look at the murder rate, 20, 20, 20 people for
100,000 20. People murdered in 2021 17.5 and
2022. It's 12.2.
It's obviously been going down right, but you can't say that
that's due to bitcoin. Of course not, enter bouquet lay
on September 7 2021. He put his Bitcoin Mania into
practice. It's already, it's already
trying to set a narrative is hanging the Bitcoin mean Nia he
implemented what was and remains a highly unpopular Bitcoin law
and it was billed as a law that would make Bitcoin legal tender
throughout El, Salvador to, implement bouquet Lee's Bitcoin
law, the Salvadorian government designed and launched an app
that Shiva wallet. It was intended to facilitate
transactions, and Bitcoin salvadorians were encouraged to
download the app indeed doing. So was accompanied with a thirty
dollar gift a significant son, nearly half of L.A, Salvador's
weekly. GDP buchelli claimed that the
law would lower the cost of remittances to us.
The door and would improve the country's Financial inclusivity.
One of hankies published a Seer and of course, they brush over
this part because they know they can't compete.
Remember the data that was coming out of El Salvador.
This is already a success, there's more Bitcoin wallets
today in El Salvador, then Legacy bank accounts so it's
already one in the financial inclusivity part but they can't
put this into the article because they're trying to sell
you a narrative. What in that in itself that in
itself, already shows me that Bick the Bitcoin law in El.
Salvador has succeeded if it has surpassed the number of Legacy
bank accounts, because Legacy Bank account requires a
tremendous amount of red tape to open, right?
I'd already won. But anyways, one of hankies
published a series of articles for National Review and
elsewhere, exposing bouquet lays claims as perfer dishes the
first. And perhaps most crucial, its
representation was bouquet Lee's branding of the Bitcoin laws
legal tender law. In reality, the Bitcoin law was
a force tender law article, 7 of the law stipulates that every
economic agent, must accept Bitcoin as a payment when what
offer when offered by whoever acquires a good or service with
that freedom of currency Choice, which has a company Salvador's
dollarization of 2001, went out the window.
Since there's a weak rule of law.
In El Salvador, the force tender provision of the Bitcoin.
Law has no teeth. Wait a second, hold on a second.
So, first they say it was forced and then they say it, the
forcing is not being enforced, right?
And the reason, they even brought this up is because
they're trying to make a point that as a result most
Salvadorian businesses, 80% refuse to accept Bitcoin as a
medium of exchange, okay? Fine, fair enough argument, when
they first added implemented credit cards, maybe some of you
guys were old enough And places didn't even have the machines.
So they had these like metal stamp things that you had to
Stamp Out a credit. You notice that some credit
cards that this the the numbers are like indented.
There's a reason for that because there used to be
machines where you would literally make a copy of the
credit card and they would bill you down the road, not everyone
accepted credit cards when they first released and now fast
forward 10, 20, 30, 40 years later.
And now some places don't accept cash and they only accept Credit
and debit card. So to think that the
implementation of a new Financial Paradigm was going to
happen. So fast is ridiculous.
And even the fact right, still being said having said that,
still the fact that only a couple months after the Bitcoin
law was implemented more, people had a Bitcoin wallet than a
legacy fat bank account. So like, it's just, he's just
Shit. Whoo, Kelly s written.
Second misrepresentation was at the Bitcoin law and the
accompanying chivo wallet. Will result in a steep reduction
in the cost of transmitting remittances to El, Salvador to
salvadorians as hanky pointed out in September 20. 21 bouquet
Lee's came claimed was Bumpkin indeed according to the World
Bank that cost of the traditional wire transfers in El
Salvador. Oh according to the World Bank,
huh? That's like asking the horse and
buggy people how they think about cars, man.
It's so Ridiculous. The cost of traditional wire
transfers in El Salvador is the lowest in all Latin America, the
sixth lowest in the world. Now it's funny because they went
from remittances. So, wire transfers, it's
incredibly difficult to send money to El Salvador, for most
people. And we've already gone over the
rates for Western Union and it's anywhere between 30 to 20
percent. Meaning, if you send a hundred
dollars, they take 20% of that. Under dollars.
And you have to go to a physical location versus Bitcoin.
You could sit at home and you can receive money over from
overseas. Using US Dollars, doesn't even
have to be Bitcoin using the Bitcoin Network itself, and you
don't have to put yourself in danger.
You don't have to travel anywhere and it cost you a
fraction of a percent. So this is a complete
misrepresentation, this is a fucking lie.
And, of course, they have to spin it this way because this
whole piece Piece reads like they're promoting the US dollar.
Not surprisingly. A National Bureau of economic
research working paper that in February, 20, 22, a minuscule.
1.6 percent of remittances sent to a Salvador received via
Bitcoin. So is that because it's saying
that Bitcoin is an inferior technology.
Is that saying that because Bitcoin isn't used?
Or is this just a matter of Education?
Since Bitcoin is a highly speculative asset.
I mean, fine, but it goes up into the right.
It could be volatile in the short term but you can't say
that this look Bitcoin was literally worth less than a
hundred dollars 10 years ago. Now it's sitting pretty at
19,000 824 reach an all-time high of 69 thousand.
This thing is deflationary. Nurture you in nature, it will
go up forever. Find the short-term volatility
is the price you pay for number. Go up fucking Ecology anyways,
prior to bouquet Lee's first Bitcoin trade on September 6.
2021 hanky warned in August 20, 21 article that any investment
El Salvador and Bitcoin might result in trading losses and
would certainly result in a credit downgrade.
Since his first speculative foray into Bitcoin Market,
September bouquet Lee has appropriated over 100 million
and you and treasury funds to purchase 2381 Bitcoins.
Those Bitcoins are now worth forty.
Eight million dollars but Kayla's crypto speculation has
four so sovereignty. To accept a higher risk profile.
So let's take a look at this, right?
When you guys got into Bitcoin or when I got into Bitcoin
right? Dude.
Unless you timed, it perfectly right, most likely you got
totally screwed by the upcoming bear market and we call that
paying your price of tuition, right?
Everyone does it and just because nine bouquet is
representing the country of El Salvador just because Michael
sailor has billions of dollars and he's representing his
company microstrategy doesn't change.
The fact that you have to pay your dues and we always say on
the show that it takes an average.
Age of three to four to five years of full Bitcoin cycle, to
really start benefiting to really starting to feel the
benefits of the hot oil, right? But it only goes up from there.
In four years, you're going to look like a genius to your
family and friends. In eight years, you're going to
look like a fucking investing Wizard and 12 years.
Only very few people know that but from what I could tell they
don't wear shoes and they've grown out their beards to look
like fucking Gandalf, so they don't give a flying fuck.
It must be worth something. anyways as night follows day,
the higher risk profile has invited credit downgrades and
the last six months Moody's S&P and Finch had all those people
have something to lose if Bitcoin wins.
Remember Moody's is also the agency that also that Biden used
to reference that there would be no inflation.
Moody's was also the agency that said that that that said that
that the bear Stearns wouldn't fail in 2008.
And these are the same people that are saying that El
Salvador's bonds are junk, and he was at the end.
It says the verdict is in on bouquet Lee's Bitcoin
experiment, it was based on One false promises from beginning
and a total failure is bullshit. Also, in the article, it said
that name bouquet is Bitcoin law was extremely unpopular.
Well, unfortunate for them. We were going to fact, check
them one more time here is the popularity of buchelli as a
president member compared that to Joe Biden.
Joe Biden. Right now is between 38 and 42
percent. Not a bouquet lie.
According to many poles is anywhere between 80 To 85% and
94 percent approval rating, even after the Bitcoin law.
Oh man. Anyways Not to mention, he's not
calling half the country that didn't vote for him fucking
terrorist, okay? Which I think is a good thing.
So why are they releasing stuff like that?
While we've always made you the case guys, that is because
Bitcoin is a threat to the US, government's power because the
US government gets a tremendous amount of power because they've
weaponized the dollar to go after countries and to go after
government specifically, they don't agree with.
And Bitcoin is a fundamental threat to that power.
When they release articles like this, what they're really doing
is that making the case for the US dollar and how the US dollar
could do anything and everything Bitcoin can.
And of course, they leave out. Coincidentally, all the benefits
that Bitcoin has given remember that the Bitcoin experiment
started in Bitcoin Beach. And the reason that Bitcoin
Beach started using Bitcoin is because leg they didn't have
access to Legacy Financial rails and they're so they used Bitcoin
as an alternative and clear. Early, it was a success.
Anyways, moving on to why they're doing this.
We read you this article. This article came out from the
United Nations. At the top, it says prosperity
for all, which is absolutely hilarious.
And it says the United Nations spells out actions to curb
cryptocurrencies in developing countries.
And at the very end, it makes the case for Central Bank,
digital currencies. But look at the required policy
actions are so Insidious. When we cover this article, we
missed this part and it was actually When I, when I was
doing the simply sessions with Ben from BTC sessions, he was
the actual one that that was like, Nico.
You should read that last part, dude, these people are maniacal.
It says the United Nations urges authorities to take the
following actions to curb the expansion of cryptocurrencies in
developing countries, ensure comprehensive Financial
regulation of cryptocurrencies, through regulating crypto
exchanges. Digital wallets decentralised
finance and banning regulated. Financial institutions from
holding cryptocurrencies or offering related products.
The clients, dude. They fucking the lead is buried
right there. Use Financial regulation of
cryptocurrencies to regulating Bitcoin and shit coin exchange
to stifle the adoption of it. That's a huge.
They're going to literally telling what they're doing.
Restrict, advertisements related to cryptocurrencies.
As for other high, Financial Risk assets, provide a safe,
reliable affordable, public payment system adapted to the
digital era. Also known as Central Bank.
Digital currencies agree and Implement Global Tax
coordination regarding cryptocurrency.
Treatments regulation information-sharing redesigned
Capital controls to take account of the decentralized.
Borderless pseudonym is features of cryptocurrency.
So it's like, dude, very powerful.
People are releasing hit pieces on how to stop this revolution
because these institutions have the most to lose whether that's
the World Bank, whether that's the IMF, whether that's the
United Nations. They've been using those
institutions to control other countries and now those other
countries those developing countries have an alternative
and they're saying, you know what?
I don't believe your false promises because if they would
have worked, those condos, condos developing countries
would have benefited. Argentina has been bailed out by
the IMF six times six and they're still experiencing crazy
inflation. Why?
That Soto she explained it perfectly.
The problem with Central Banking is you have to trust that your
Central Bank isn't going to debase the currency.
But as history has shown many, many, many, many times they have
broken that trust. And now when there's an
alternative that can't be debase, can't be easily
confiscated. You have the creatures coming
out of their caves because they know the gig is up.
So what are they doing it set it there, they have 2D incentivize
the adoption of Bitcoin. In those countries they have 2D
incentivizes they have to kill it through regulation there
telling you exactly what the game plan is man.
Opti, what's good? Go off Kinko AA Man, Steve,
hankies back like it's just a big long, you know.
Like what a fucking loser. I, I can't believe that anyone
takes people like him, seriously.
He's just part of this, like economic class.
That is merely PR for the powers that be is like this guy doesn't
do real economics and yet he's a freaking professor of Economics.
It's absolutely insane but I like it amazes me that these
institutions and quote-unquote authority figures have any
semblance of legitimacy. When you realize that everything
they're doing is just PR spin. Like, they don't do actual
economics. They literally just just spew
out and blurred out, fucking ridiculous nonsense.
And, and we know Steve hankies bias.
So like, of course, he's gonna dunk on bitcoin and, of course,
she's gonna dunk on El Salvador. But like the matter of the fact
is is Bitcoin put El Salvador on the map, like we wouldn't be
talking about El Salvador, if it wasn't for Bitcoin and this is a
feature, not a bug and to nicko's point like to the point
that you're saying that this framing is them trying to say
that the u.s. dollar can do everything Bitcoin can except
for being debased, like this is the fundamental thing that we're
doing here is is main shirring that these fucking parasites,
can't steal our money anymore and that they can't continue to
go down these Perpetual Wars and and just you reminded me of the
and the beginning like the Getting of this, this Niko Jones
rat when you were talking about the credit cards and a bro.
Like I haven't thought about those in so long, I literally
forgot about those. That's amazing, but it just goes
to show you how early we really are in Bitcoin and how early we
are in the in the adoption phase of Bitcoin.
Like I say it all the time. If you go out in normal life,
you know, you get out of Bitcoin Twitter, you get off your Echo
chamber and you talk to a normal person and you try to talk about
Bitcoin. How many of these people are A
bitcoiners like very few and far in between and furthermore how
many people even understand what the problem is?
Again very few and far in between like there's what damn
near seven billion people, 7 billion pretty Corners out
there. Like of course, these these
Legacy systems and Legacy institutions are going to try to
dunk on bitcoin and I'm always reminded of the Christine
Lagarde, quote of, like, if there's an exit door, we must
block it or else people will use it.
Like, they've been telling us, The game plan since the
beginning, and people still call me the crazy conspiracy
theories. It's like dude, read their
writing, they say this up front, they tell you what they're going
to do and then you go and you think that we're The Crazy Ones
like know, they are saying this up front, they're telling you,
they don't want you to use this stuff.
They telling you, they don't want you to use Freedom money.
So what are we going to do? We're going to use Freedom money
and spread Freedom money as far as possible because this is the
solution like Bitcoin fixes this guys.
Remember the meme? Get Back to Basics.
The memes are memes for a reason, you know, we are out
meeting them and we are out, truthing them because our memes
are back with truth. They can spin up all kinds of
articles that they want. But the truth is the truth and
all you got to do is you know drop a meme on them and fucking
wreck their whole narrative. Like it's amazing that we are at
this point in the in the Saga is like yeah they can do whatever
they want but we just counter it with a meme is like oh yeah I
have a meme for this. Let me get through my files and
here's a meme for you like You know, Nico says all the time you
know, tweet are the bullets and memes are the artillery.
Like we're winning guys, the fact that they have to talk
about this stuff is just further proof to me that we're winning
because again it is our mean world and everyone else is just
living in it. Like they have to double down on
bitcoin narrative and try to spin it in a way that makes them
look good. But you know, the truth is a
truth. Bitcoin is the way so hey Steve
hanky go fuck yourself, Steve hanky, go fuck yourself.
Anyways, Opti. Let's go.
Check out their culture, shall we?
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Anyways, let's go check out. Out.
What Opti has? Alright guys, so if you
remember, I believe it's two days ago.
On Thursday, my cousin hit me up and was wondering, you know, if
the if the crypto Market is going to go back up and I think
in the same vein I saw this thread by Eric, I'm not going to
even try to pronounce his last name, but it's a good question
because it makes me think of like what my mistakes were
during this Bitcoin journey and the question is Bitcoin.
What was the biggest mistake you made?
When you first started buying Bitcoin and it got me it got me
thinking of you know all the Ells I had to take to get here.
I said it before. You know I've done everything
wrong in Bitcoin and that is the only reason why I'm here.
And this is the only reason why I understand.
You know the journey to get here is because I've literally made
every mistake but I somehow made it to here because I was just
persistent. I was stubborn and I just
realized look there's something here and the only way to figure
that out is by studying Bitcoin. So I just want to help people
out there. I'm sure there's some noobs out
there that are still kind of may be disillusioned by the shit
coin markets. We are in a bear market and this
is when I learned to become a Bitcoin Arisen, the last bear
Market of 2018 and I fundamentally had one thought,
okay, I need a better understand Bitcoin so I know what shit
coins are in comparison, but what would I do differently?
If I started up front with with the right mentality and the
right game plan, and as you can see, Biggest mistakes.
When I first started buying Bitcoin is trying to trade and
not buying consistently every week. / day, we just dropped an
article by our buddy and our lovely friend, wine and kiss on
are simply Bitcoin dot new sub stack and is buying Bitcoin the
Zen way and I know that we've beaten this this meme to death
but dollar cost averaging and just consistently saving in.
Bitcoin is literally the way for most people.
It just like simplify your life guys.
I say it all the time. You know fine Bitcoins n because
it is Really a simple process like once you understand Bitcoin
like learning about Bitcoin and can be very difficult if
they're, there is a learning curve, there is a certain, you
know, wall that you have to climb to get the fundamental
basics of Bitcoin. But once you understand Bitcoin,
like it's really not that hard you know, 21 million hard cap
censorship, resistant blocks come in every 10 minutes.
Like what more do you really need?
Honestly, I think that's all people really need to hear and
so Eric respond back to me names, like I fell down that
path. I've learned that stacking over
trade. Produces better results for most
people and I doubled down, and I say 99% of people are better
off, consistently saving putting in cold storage, and going
outside and live your life, guys.
This is exactly what the numbers section was about with the
classic. I'm houghtaling meme is like the
majority of people literally, you just need to save Bitcoin,
ignore the price and just continuously save in Bitcoin
continuously, you know, dollar cost average, but I don't really
like using the dollar cost average, because it's like, too
much big words. It's like that.
Guys just saving Bitcoin every week when you get a paycheck and
just put in cold storage and go live your life, like Bitcoin
will be here for you when you need it.
And this is a feature, not a bug like you don't need to be as
obsessed with Bitcoin. You literally just got to
understand the basics. Saving Bitcoin, take custody of
your Bitcoin put it in cold storage and go outside and live
your life. Because if you're trying to
watch the price every single day, you're going to turn into
one of these lunatics and you know, you're going to get shaken
out of your bags because of some little pricey.
Situation. And then I saw this other
meeting our this other tweet and it's in the same vein.
So, we have this girl here, she's not even a big corner, but
she goes. How have so many generations
managed to work till retirement age.
I'm 25, and I'm tired. And I remember this feeling as
well, when you're in the when you're in the Fiat world, when
you're in the matrix, it's just so demoralizing.
Like, it's very hard not to say, it's very hard to stay
optimistic when your money is losing value and you're
realizing. Wow, I can't do the things that
I want to do. And so I just added, you know,
my little wisdom of it's like, opt out of the Rat Race work on
something that excites you when you get out of bed every
morning, but still pays you guys because you know, don't just
Chase your passions and be broke, you need to make money
out there, do something that excites you, but the wisdom is
like what Nico is saying, you got to live below your means,
save your excess cash in Bitcoin and then thank me later guys.
Like it's really this simple just save the excess cash in
Bitcoin put in cold storage and go live your life.
And I saw this tweet by the Confidence is literally this
easy guys. Just hold Bitcoin and be
patient. Like that's it guys.
There was another tweet that I saw on Twitter and it was like
all self-help philosophy boils down to, you know avoiding doing
something with with a quick result.
It's like think for the long term and that's that's what you
got to do. Guys like Bitcoin does something
to your psychology where you realize.
Wow, I am discounting future me way too much and I just need to
save for future me. Like love yourself a little
more. Guys love future you a little
bit. Do yourself a favor and pay
yourself first. Make sure that you're saving in
Bitcoin because you can't get debase.
Look at what we've been showing you consistently.
The dollar is literally stealing value from you and it's really
this simple just saving Bitcoin put in cold storage and go live
your life. But as I said you know people
have to learn the hard way and look at this tweet that I see
here from Bitcoin is savings and Steven Cole.
He said the friend in l.a. got this in her mailbox and it's a
fucking It's an ad for hex blockchain and it's they're
putting it in people's fucking mail boxes.
Like, this is absolutely insane to me that that we're at this
point where they, you know, you have shit coins getting mailed
to you as this is the way to escape Fiat slavery and guys,
it's literally, let's get back to the original, do not try to
take trade your Bitcoin, because shit, coins are just a way to
design, to steal your Bitcoin and just continuously save and
Bitcoin. Like, it's really this fucking
simple, guys. Cause I don't know how much more
I have to jump down this this rabbit hole because it really is
this simple to me. It just save and Bitcoin live
your life and everything will be better.
But I saw this video Nico and I really want to play it because
it really does hit me in the field because people really
think that, you know, being a big corner is like a first-world
thing. And I love this this video right
here because I fundamentally believe the same thing that
Bitcoin is freedom, but don't take it from me, man.
Take it from other people around the world and shuts out the
documenting big climb because this is the vibe to me, man,
just save him Bitcoin because Bitcoin is freedom.
So I'm going to share this little video guys.
And then we'll roll this one out, so hopefully you can hear
this Nico. What is bitcoin to you friendly?
What is bitcoin to you, Freedom? What is bitcoin to your freedom?
We're going to you speed up was between, do you Freedom was
between to you freedom? Freedom was between, do you love
must be continued? Freedom was between do feature
was be 20. You so value and was written.
Do Independence, Freedom. Anybody else?
I attend us was because the future the future All right,
everybody covered. All right guys so I added that
in the end because I fundamentally feel this guy's
you know, Bitcoin is freedom. Bitcoin is the future like love
yourself guys. Pay yourself save in Bitcoin
safe for your future because if you don't do it, who else will
guys? And it's really this simple.
I wish someone told me this in the beginning, I know someone
probably did and I was, you know, I got greedy and was like,
yo, I can out trade this and I can make my Bags way bigger.
But really guys, we have the meme, you know, stay humble
stack SATs but really it's like provide the value savior excess
profits and Bitcoin and go live your life and build skills and
become a better fucking Human. Instead of trading shit coined
and you know fleecing some other Noob out there like guys do
something of value and Save in Bitcoin and go and live your
life like this is fundamentally what it's about.
And and if everyone starts doing this everyone will unplug The
Matrix and we'll have a lot happier life out there.
Like people will become happier, like Nico said it in the
numbers. If it's done it for us, it can
do it for everyone. You just have to trust the
process guys. Save in Bitcoin and understand
that in time, you will be free from The Matrix.
Like it's really this simple and I know, I know it's hard for
people to get this in the beginning.
But it's really this simple. And I can only tell you from the
backend, man. I'm about to hit my five year
anniversary in Bitcoin and it's just amazing how far I've can
personally. And it's all due to bitcoin.
It's all due to trust in this process.
Saving Bitcoin provide value and go live your life.
Fix your mind and your ass will follow anyways, Nika, jump in.
I don't know what else we need your Papa.
Papa, papa, I fucking love in the culture.
I like it so much optimism in the culture fucking dope.
Dude, the that video at the end in Cameroon.
Shout out to Bacala, India was just so inspiring because and I
think a lot of us like, you know, they get confused.
I know the majority of our audience is the United States.
This is a worldwide Phenomenon, right?
This is bringing freedom and private property rights.
That could be protected to everyone and that's what made
me. So bullish out of that whole
thing, bro, was that video? And you're just seeing people,
you've never, you've never seen them before.
You don't know who they are, but they're all on the same message.
I know you had a lot and I know you had a little bit of people
saying future and you had a little people say what else?
They say, they said freedom is one store of values or Valium,
right? Sure.
So it's So either faculty that India went around and said Pro
this is what Bitcoin is isn't or those people know on a
fundamental level, right? So and that's what has me the
most bullish and kind of connect this with the article from the
United Nations that is why they're writing those articles.
That is why? Because the message of freedom
is going everywhere and it's exposing their terrible
incentives in the process and that's why they hate it.
Anyways, let's check out the meme review.
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Today, I love that ad man. I energy, bro.
High-energy Opti is the way Hi guys, it fucks.
All right, so the first actually, before I get in guys,
remember drop your mean review scores so we can cover it on the
show. Do it before the last one.
I'm not going to rug pull you with bad beams.
Obviously, you know, I have good taste and as Nico says, you
know, I'm Bellotti humble a, hey, I am the meme guy, I am the
meme Guy, this is what I love to do.
And as Nico says, you know, tweets are the bullets.
But memes are the artillery and the mimetic war that we are in.
I don't know if you guys saw, but the pope is saying, That we
are on the cusp of World War 3. So we are already in the
information world war three right now.
Guys in his I've been saying it's a disinformation war and
they're just trying to, they're just trying to, you know, blast
you with so much information that you don't even know that
you're saying anymore. But this is why we show up in.
This is why you guys the ship posters the meemers out there
are doing satoshi's work, spread the sound money gospel through
pictures and lows. So first one is by our friend,
our DB T C and I know you guys feel This man this is this is
like a perfect theme for our themed meme for always said
today and it's just a big winner normal.
And, you know, a Chad Barry's like they don't know.
Bitcoin is Hope. And then you got the normies,
more guns for the Ukraine and then some more normies.
Inflation will go away soon. No, no, no.
Just, you know, stay asleep guys or wake up and understand that
the Matrix has you and you need to save in Bitcoin.
The next one is by BTC Brian 21. This is, I love this meme.
It's not even really a meme but like this is a meme in my
opinion. He goes, imagine selling Bitcoin
business because this guy said some stuff and it's just a
picture trom. Powell.
It's like man, imagine being concerned about what another man
says about your monetary policy could never be me.
Can't really like, oh my God. And then this one I really
wanted to put a video meme in here, but it was too long and,
you know, all the YouTube rules and stuff.
But here's a great Meme and This one hit me in the heart because
this is literally me, man. You know, this one's by a boom
stick 44 Maximus pain and it goes, you merely adopted the
bear Market. I was born in it.
Pleb. Yes guys.
I was born in the 2018 bear Market.
I literally bought the top of 2017 and I just stuck with it
guys. If you are in the same position
and you are being born in the 2020 to Bear Market, just trust
the process, double down on your education.
Continue to stack Bitcoin, continue to save In Bitcoin and
go live your life, build your skills up five, my mind Fiat and
saving Bitcoin. This is the way and then
yesterday of course I'm going to continue to dunk on the
president because that shit was absolutely insane.
I can't believe that the propagandist thought this would
be a good idea. But anyways, this is from a girl
that's not even a bit corner, and it's a chicken Queen and she
goes. And it's a based on a, you know,
Seinfeld, leaving Kramer what's going on in there.
And it's the Jill Biden speech yesterday that was very fascist.
And you got Kramer communist propaganda Jerry.
Yes. And this one this was a I didn't
have the first one but this was a poll that my buddy whiny kid
is did on rbk account and he did something about like, you know,
hot, oh, laddie, let me see if I can get it as he goes.
I did you stat corn today? Dcaa everyday.
All out of dry pal, pal. And then Kaepernick is hose is
fell are why the fumble by related to smash by and you go
It was no Hugh smashed by I followed by every day, we're not
the same. This is the way guys capitulate,
your Fiat saving Bitcoin and life is better.
And this next one, I had this conversation with my buddy
Tucson Bitcoin on Twitter and, and, and space yesterday.
And they bowed over to Twitter and we were laughing about
voting. And so I found this meeting this
morning and it's just perfect mean and we, you know, we got an
NPC here and ago, a rain dance, ha ha.
Why do they think these mean? His rituals will have any effect
and then that same guy votes, like voting on guys vote with
your boat with your pocketbook and your feet and beautiful.
No no no. The only motherfucking vote that
matters is taking Bitcoin into self custody.
That is the strongest fucking boat you could ever make.
Alright. And this last one, this is this
is a meme by Rasmus but I wanted to add size commentary under it.
So I'm going to read the mean person that goes at some point.
We need to quit asking who needs to pay more taxes and focus on.
Where the hell all of our money is going bars?
Absolute bars, and thence I respond.
I see Elsa not goes, it's really something when you can literally
print all the money you could ever want, or need and still
need and want more money, absolutely insane, clown world
that we live in, but hey, you know, who am I?
I'm just a humble Bitcoin her on Twitter.
That talks about Shit. Anyways, for my meme review
score, I got this voltage, smell car, smelly thing.
It says off the chain air freshener what's it say like
smells Sovereign. So I haven't felt it yet, I'll
put it in my I don't even have a car out here in Texas right now,
so I'll put it in my roommates car and Wells and well, we'll
see how it smells very nice. Very nice for those memes.
I'm going to give it. I'm upgrading my camera.
And we are releasing a new simply Bitcoin show format
directly to Twitter, hint hint, you know who you are, rusted.
I'm gonna give it the box to my new lenses Panasonic, but
anyways, before I give it 100%, guys, rate, the mean, put the
put your score in the live chat and we will read the meme score
on the show, but I'm going to give it a Panasonic luminex lens
that I'm going to use on my You camera.
I'm going to start reading some of the scores.
The first one we have yellow. God damn it, yellow.
Yellow Gibbs. Yellow Gibbs in it, an RD
strike, Watermark. Okay, very nice.
And there's a delayed. Oh, no, no, no, no.
I see a few comments in. Hear people saying that they
bought the top guys. Literally just continue to save
in Bitcoin dollar cost average is the way, do not do not get
shaken out like. We've been telling you guys you
know, big corporations are buying Bitcoin and they're
getting in the Coin and this is the play but they tried to shake
out the retail investor so you double down on your education
and continue to save in Bitcoin. It's really this simple guys the
the not the price is noise when you understand Infinity divided
by 21 million. Exactly narwhal tacos.
I give each of those memes. Their their very own IRS agents
are very good scores but anyways there was an open source
software released today. Let's check it out.
Bitcoins softer release brought to you by Cipher safe, don't be
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Then the cipher safe, get yourself a Cipher wheel or
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All right, first of all, before Opti, Pedro Santos gave the
memes, an IRS inspection. Let's go.
That's too good. Alright guys.
So today software releases Zeus version 0.6 0.6.
As you can see, it's got some new features reproducible builds
for Android. Some enhancements and some bug
fixes guys Zeus's is has been one of my favorite lightning
wallets. Shouts out to Evan and the
people over there at zoos they're killing it.
It's a great app and of course guys go listen to us on the
Google app Spotify and you can find us on anchor FM.
And if you really love what we're doing, you think we're
providing value, guys, we are on Fountain and you can stream us
at and happy Saturday Saturday, happy Saturday speaking of happy
Saturday ghost guys. Check out represent LTD.com look
at opt he's wearing the orange pill.
That's right. That's right SLI this shirt is
so little really bad. Guys can see the back.
Try to back off. Oh, wow, peaceful Revolution on
the bottom. That's right, guys did this
shirt slit I really like the shirt Bitcoin merch.
Simply Bitcoin, merge soon, represent LTD.com, and you can
take advantage of the promo code in the video description to get
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Yeah, it's literally a fucking bad-ass shirt, guys.
That was a Saturday special. Thank you so much for joining
us. It really Ali helps.
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Have an amazing rest of your weekend.