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It's. 
All going to zero against 

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Bitcoin. 
It's going on forever. 

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You're against Bitcoin. 
You're against freedom, yo. 

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Welcome to Simply Bitcoin Live, 
your number one source for the 

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peaceful Bitcoin revolution 
curve. 

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We can use culture, dramatic 
warfare. 

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We'll be your guide through the 
separation of money in state. 

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Ladies and gentlemen, sit back. 
Relax. 

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Enjoy the ride. 
Welcome to Simply Bitcoin Live, 

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the most watched daily Bitcoin 
live show on YouTube. 

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Rumble NX. 
We have so much to unpack today.

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Look, I'll be honest with you 
guys, like when they arrested 

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the samurai guys, Operation 
Choke .2 Point O, when they 

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denied Caitlin Long's federal 
banking charter, I was like we 

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have a crazy fight in front of 
us. 

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When the FBI released, you know 
that so-called warning basically

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trying to scare people away from
taking self custody, I was like 

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wow, this is going to be hairy. 
But what's interesting is 

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Bitcoin's game theory. 
As Knut just mentioned 

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backstage, we're going to bring 
them up in a second. 

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Bitcoins, incentives. 
And we've been making the case 

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on the show for a very long time
that the reason that Bitcoin's 

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going to win fundamentally is 
because it has superior 

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incentives. 
And all they really have left is

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coercion. 
My money's on incentives and 

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what we've really seen over the 
last couple of days, Opti talked

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about it on yesterday's show, is
a complete 180 from the hostile 

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elements in the US government 
that have had it out for this 

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industry. 
They've completely changed tune.

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And the reason for that is 
because they've seen the writing

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on the wall and they realize 
that, you know, it's probably 

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not a winning campaign strategy 
to go after an industry that is 

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so popular with a huge part of 
their voter base. 

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So they're completely changing 
tune now. 

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Do I believe them? 
Absolutely not. 

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But you know, I got to say it is
positive from a regulatory 

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perspective in the United States
specifically because we've seen 

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this Max exodus of multiple 
lightning companies including, 

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you know, we have Wallet of 
Satoshi that left. 

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First we have Phoenix. 
They put the Samurai wallet devs

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in a box. 
You know, they arrested. 

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I mean a lot of people don't 
like Rodger Verk 'cause he's a, 

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you know, he's a Bitcoin casher 
and whatever, this and that. 

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But they're basically trying to 
make examples of people and 

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trying to scare people. 
And it's really not enforcement 

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by legislation, it's enforcement
by law enforcement literally. 

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Like they're just like forget 
about legislating, let's just 

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start locking people in a box 
that will scare people, that 

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will de incentivize them from 
you know creating businesses or 

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Lightning businesses or Bitcoin 
related businesses in the US and

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that is incredibly UN American 
and but it seems like they've 

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done a 180 and that's because 
the election is coming up in 

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November. 
So we have an update. 

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We have an update for you guys 
on that front. 

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I really thought that this was 
gonna take a lot longer. 

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This is something that Opti and 
I have been covering for the 

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last two years and it was like 
this ominous dark clouds heading

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towards us slowly. 
But it seems like it was just a 

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rain shower. 
It seems like they lasted for 

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like a week or two, like a week 
of thunderstorms and they just 

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pushed over. 
But I'll say this guys like I 

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still think that they want to 
roll out a CBDC, but you know 

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it, they're politicians. 
So they're going to say anything

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and everything to get elected as
soon as they're back in power. 

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I I wouldn't be surprised if 
they change tune completely 

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again. 
But anyways, so we're going to 

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talk about that today. 
Also you've I always pronounce 

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his name incorrectly. 
So Yuval Harari, he's the author

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of that famous book Sapiens. 
And of course he's the guy that 

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the World Economic Forum and the
Bank of International 

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Settlements, they roll him out 
on stage. 

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And he had this video that went 
absolutely viral about a week or

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two or a week or two ago. 
And essentially, he was 

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basically saying that he doesn't
like Bitcoin because Bitcoin is 

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a currency of mistrust and we 
should trust governments even 

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more. 
The last century has shown that 

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giving governments the ability 
to create money out of thin air 

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that everyone has to work for 
has turned out to be an 

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excellent idea, and we should 
continue doing that. 

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It's been an absolutely horrific
idea. 

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I mean, the two World Wars, the 
Great Depression, the Great 

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Recession, What the F is he 
smoking, man? 

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I want to know. 
Anyways, it seems like we got 

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under his skin because he made 
another video, this one a lot 

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longer, 2 minutes and 30 seconds
where he was trying to justify, 

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you know, his reasoning as to 
where he was coming from. 

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It's my belief that he just dug 
himself an even deeper hole. 

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So anyways, you can't stop the 
central planners from wanting to

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continue to central plan. 
Also in other news, I do want to

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cover this because it does 
relate to the political 

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situation because we have not 
won as bitcoiners in the United 

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States until Ross Albrecht and 
Julian Assange and many other, 

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you know, casualties of the 
separation of money in states, 

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the separation of information in
state are completely out of 

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prison and they're free. 
Julian Assange can appeal 

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extradition to the USUK High 
Court rules. 

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So we'll have an update for you 
guys is on that as well. 

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And we have two incredible 
special guests today, heavy 

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hitters. 
We have Canutes Van Home and 

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Luke from the Freedom Footprint 
Show. 

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So I'm going to bring on stage 
of course my legendary coach who

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is always optimistic, optimist 
fields Canute. 

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How you doing today, brother? 
Awesome. 

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Of course I'm on your show. 
Thanks. 

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Also breaking news, ladies and 
gentlemen. 

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Canute Span Home never does 
price predictions, but he has a 

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price prediction for us today. 
Wait, wait, let me full let me 

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full screen him. 
All right, you're ready for the 

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price prediction. 
Here comes we're live, right? 

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Yes, Sir. 
All right. 

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So can you spend home price 
prediction? 

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It's not a green. 
Beef low resistance. 

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It is a green cactus going to 
the absolute moon. 

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And of course, Luke, how you 
doing? 

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What's up, brother? 
Awesome guys. 

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Great to be here. 
Well, thanks for joining us, 

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man. 
We really appreciate it. 

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And of course, Opti, how you 
feeling today, brother? 

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I am doing wonderful, obviously 
as a bitcoiner. 

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Life is always great, but this 
morning might be even greater 

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than usual because my phone 
didn't charge last night so I 

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slept through my alarm. 
So I actually got some sleep. 

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This morning. 
So I feel wonderful, dude. 

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I'm a bit concerned because I 
was like, Oh my God, the 

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political situation's gonna give
us so much to talk about over 

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the next year or two. 
We might move, we might move to 

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El Salvador like we've been 
making all these It's like a 

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week or two. 
They completely capitulate 180 

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oh, you know what we love? 
We love crypto. 

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We love Bitcoin and shit coins. 
Ethereum ETF. 

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Absolutely, 100%. 
Let's fire this person. 

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Dude. 
It's crazy. 

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It's crazy like it's it's it's 
so nuts how And they must be 

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panicked. 
They must be panicked. 

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That's what it is. 
Like they see the election 

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coming up and they see the poll 
numbers and they're like you 

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know what Actually guys do you 
do you opti, you know that meme 

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where it's like that that older 
dude and he's dressed up in like

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that skater skateboard outfit. 
Oh yeah. 

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Hello fellow children. 
Hello, fellow bitcoiners or 

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fellow crypto people, whatever. 
Like, you know, we're we're 

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here. 
Like we're cool. 

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We're you know, but I, I, I 
don't buy it. 

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I, I, you know, and and then 
another thing also and I don't 

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want to get your takes on a take
on this canoe before we start 

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the show. 
Like like, I know a lot of 

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bitcoiners were cheering, 
including Michael Saylor by the 

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way. 
He was in this camp as well. 

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But they were like, a lot of 
people were excited that the 

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government was going to step in 
and they were going to say only 

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the Bitcoin ETF was going to be 
approved. 

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And now it seems like, you know,
if if you take, if you take a 

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look at what, you know, Bitcoin,
Twitter is saying that there's a

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high probability that the 
Ethereum ETF is gonna be 

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approved as well. 
Now my take from a libertarian 

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is just kind of like, look, let 
Bitcoin win on the free market, 

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which it will because it has the
best incentives. 

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It's superior to all the other 
shit coins. 

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But you know, Ethereum is gonna 
have an ETF after all. 

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What's your take on that man? 
Well, I it's a it's such a 

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simple philosophical thing and 
it still baffles me to this day,

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that people don't get the 
simple, the simplicity of this 

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argument. 
Like all the so-called 

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cryptocurrencies, they're all 
trying to do the same thing. 

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They're trying to solve the 
Byzantine General's problem and 

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thereby create something in 
computers that cannot be copied.

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Now everything on a computer can
be copied. 

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So something that cannot be 
copied would have to be sort of 

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outside it somehow. 
And that is the problem that 

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Bitcoin solved. 
And that is a problem that can 

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only be solved once because of 
the very nature of the problem. 

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It's like you can only discover 
America once. 

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It's so easy. 
Like it's because the only thing

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discovered is resistance to 
replicability. 

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So trying to replicate something
that cannot be replicated is 

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obviously not going to work or 
or it it cannot work in the long

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run and the like a a competitor 
to Bitcoin would have to 

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differentiate itself so much so 
that it wouldn't be nothing like

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Bitcoin and hence it's not the 
same thing. 

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It's it's not worth anything 
because money is the most basic 

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thing there is like that you can
exchange it for everything else.

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That's the thing. 
That's the whole point of it. 

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That's why KYC is so stupid. 
So, I mean, ETFs here and ETFs, 

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they're play Fiat games and win 
Fiat prizes. 

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Good luck with that. 
This is not this is this 

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generation stuff. 
But we're living in the future. 

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We're already in the future. 
We're already living the lives 

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of our grandchildren here, so we
don't fucking care. 

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Hey Nico, I know we've missed 
the meme review, but I did make 

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00:10:25,640 --> 00:10:28,120
a meme on this yesterday so let 
let me let me pull this up. 

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Just just, uh to give the people
what they want here. 

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So here's my take. 
You know the guy drunk guy 

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yelling at the pretty girl in 
the corner goes the ETF will 

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bring Wall Street to his knees 
once the ETH Ponzi blows up and 

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Bitcoin Maxi's laugh as 
financial engineering as a top 

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job in society finally comes to 
an end. 

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While Bitcoin Maxi's usher in 
hyper Bitcoinization and the 

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00:10:46,840 --> 00:10:48,160
Bitcoiners not wanting to hear 
it. 

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00:10:48,160 --> 00:10:50,880
Let's let's let's hope Wall 
Street blows up because of this 

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00:10:50,880 --> 00:10:52,520
ETH scam. 
That'd be absolutely, absolutely

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00:10:52,520 --> 00:10:56,080
beautiful. 
So get in the ETF, Wall Street 

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and all you political. 
Financial engineering. 

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00:11:02,360 --> 00:11:06,080
Just listen to that. 
The stupidity of that word. 

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00:11:06,840 --> 00:11:10,560
If money was working, there 
would be people wouldn't even 

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00:11:10,560 --> 00:11:15,720
invent that fucking word. 
The the financial sector is is 

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00:11:15,720 --> 00:11:17,720
not needed on a Bitcoin 
standard. 

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00:11:17,800 --> 00:11:20,880
If money is working, we don't 
have these fucking bullshit 

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00:11:20,880 --> 00:11:26,640
problems. 100% because no, 100% 
because like a lot of these, you

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00:11:26,640 --> 00:11:29,120
know, a lot of these, quote, UN 
quote, wealth management 

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00:11:29,160 --> 00:11:33,080
organizations, right? 
They're all based on, you know, 

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very wealthy people trying to 
maintain their purchasing power,

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00:11:36,160 --> 00:11:39,280
trying to get a return. 
Bitcoin just comes out of left 

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field, says Hey, all you got to 
do is buy Bitcoin, put it into 

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00:11:43,120 --> 00:11:45,480
self custody, That's it's so 
simple. 

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00:11:45,720 --> 00:11:49,600
It's actually so simple that 
I've actually had trouble with 

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00:11:50,240 --> 00:11:52,840
the older generations when I 
explain it to them and they're 

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00:11:52,840 --> 00:11:55,720
like that's impossible and I'm 
like, yeah, that's all you got 

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00:11:55,720 --> 00:11:57,520
to do, you know. 
And then when they adopt A 

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00:11:57,520 --> 00:11:59,920
Bitcoin stand, they're like, 
wow, it really is this easy. 

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00:12:00,240 --> 00:12:01,920
So I completely agree with you 
Kanu. 

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00:12:01,920 --> 00:12:05,800
It's like the over 
financialization of everything 

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00:12:06,080 --> 00:12:09,040
and it really doesn't have to be
that complicated. 

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00:12:09,280 --> 00:12:12,120
And that is literally, oh, I 
love this comment, the Simply 

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00:12:12,120 --> 00:12:14,640
Freedom Footprint Bitcoin Show. 
Wow. 

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00:12:15,160 --> 00:12:17,040
Oof. 
Absolute bars there. 

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00:12:17,440 --> 00:12:20,400
You want to see what Bitcoin 
coming in from the left field 

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looks looks like by the way. 
Absolutely. 

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00:12:29,160 --> 00:12:40,040
Here it comes. 
Oh man, oh man. 

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Well, all right everybody. 
Well, we have a loaded show for 

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00:12:42,720 --> 00:12:45,200
everybody today. 
We got the news, we got the 

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00:12:45,200 --> 00:12:47,040
numbers, we got the culture 
segment. 

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00:12:47,040 --> 00:12:48,840
So sit back, relax, enjoy the 
ride. 

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00:12:48,840 --> 00:12:52,640
But before we jump into it, I do
want to give a very special 

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00:12:52,640 --> 00:12:55,640
shout out to the Bitcoin company
that powers this show. 

235
00:12:55,640 --> 00:12:58,520
Our lead sponsor, Bitcoin Well, 
Bitcoin Well is the best place 

236
00:12:58,520 --> 00:13:01,440
to build your automatic self 
custody Bitcoin stack. 

237
00:13:01,680 --> 00:13:04,120
It's a publicly traded company 
coming out of Canada that 

238
00:13:04,120 --> 00:13:06,960
recently expanded to all 50 
states. 

239
00:13:07,160 --> 00:13:10,560
It's automatic self custody. 
It is self custody by default. 

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00:13:10,720 --> 00:13:13,200
Future proof? 
Your money and the way that they

241
00:13:13,200 --> 00:13:15,480
do that is that you can't buy 
Bitcoin on Bitcoin. 

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00:13:15,480 --> 00:13:19,040
Well unless you put your literal
self custody Bitcoin address 

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00:13:19,040 --> 00:13:22,280
onto the platform. 
So as soon as the funds clear 

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00:13:22,440 --> 00:13:25,640
you buy it, it goes directly to 
self custody. 

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00:13:25,640 --> 00:13:28,600
They don't give you, they don't 
even give you an option to leave

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00:13:28,720 --> 00:13:31,920
your Bitcoin on the exchange. 
Which perfectly aligns with the 

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00:13:31,920 --> 00:13:35,240
simply Bitcoin ethos of the 
separation of money and state. 

248
00:13:35,240 --> 00:13:38,120
Because after all, self custody 
is the revolution. 

249
00:13:38,840 --> 00:13:42,800
Go to bitcoinwell.com/simply to 
get started by real Bitcoin. 

250
00:13:42,800 --> 00:13:45,760
Enable your independence with 
the fastest and safest way to 

251
00:13:45,760 --> 00:13:48,120
buy Bitcoin and Canada in the 
USA. 

252
00:13:48,280 --> 00:13:50,800
To get started, you literally go
to the website you put in your 

253
00:13:50,800 --> 00:13:52,800
e-mail. 
It's super easy. 

254
00:13:52,800 --> 00:13:55,920
In terms of sign up, I think it 
takes less than two minutes. 

255
00:13:56,160 --> 00:13:59,120
It's a clear 1% spread. 
This is basically the industry 

256
00:13:59,120 --> 00:14:02,200
standard at this point. 
It's obviously Bitcoin only and 

257
00:14:02,200 --> 00:14:06,320
it's completely non custodial, 
empowering sovereign ownership 

258
00:14:06,440 --> 00:14:09,000
with free automatic self 
custody. 

259
00:14:09,160 --> 00:14:12,080
That's right ladies and 
gentlemen, support self custody 

260
00:14:12,080 --> 00:14:13,880
by default. 
Bitcoin on ramps. 

261
00:14:13,880 --> 00:14:16,600
The first one being Bitcoin well
in the United States. 

262
00:14:16,880 --> 00:14:21,040
So to get started, go to 
bitcoinwell.com SAS slash simply

263
00:14:21,320 --> 00:14:24,600
and start your journey to 
becoming a sovereign individual 

264
00:14:24,600 --> 00:14:26,760
by taking Bitcoin into self 
custody. 

265
00:14:26,880 --> 00:14:29,760
Go to bitcoinwell.com today. 
All right everybody, let's hit 

266
00:14:29,760 --> 00:14:33,760
the numbers. 
We have a lot to talk about the 

267
00:14:33,760 --> 00:14:37,240
Bitcoin numbers. 
Is your Bitcoin and cold storage

268
00:14:37,240 --> 00:14:40,240
really secure? 
Is your seed phrase really 

269
00:14:40,240 --> 00:14:41,800
secure? 
Stamp seeds? 

270
00:14:41,800 --> 00:14:44,520
Do it yourself. 
Kit has everything you need to 

271
00:14:44,520 --> 00:14:48,880
hammer your seed words into 
commercial grade titanium plates

272
00:14:49,080 --> 00:14:51,080
instead of just writing them on 
paper. 

273
00:14:51,360 --> 00:14:54,560
Don't store your generational 
wealth on paper. 

274
00:14:54,840 --> 00:14:57,520
Papers prone to water damage, 
fire damage. 

275
00:14:57,680 --> 00:14:59,880
You want to put your 
generational wealth on one of 

276
00:14:59,880 --> 00:15:03,040
the strongest metals on planet 
earth, Titanium. 

277
00:15:03,040 --> 00:15:06,200
Your words are actually stamped 
into this metal plate with this 

278
00:15:06,200 --> 00:15:09,600
hammer and these letter stamps. 
And once your words are in, they

279
00:15:09,600 --> 00:15:12,560
aren't going anywhere. 
No risk of the plate breaking 

280
00:15:12,560 --> 00:15:14,920
apart and pieces falling 
everywhere. 

281
00:15:15,120 --> 00:15:18,360
Titanium stamp seeds will 
survive nearly triple the heat 

282
00:15:18,360 --> 00:15:20,880
produced by a house fire. 
They're also crush proof, 

283
00:15:20,880 --> 00:15:23,520
waterproof, non corrosive, and 
time proof. 

284
00:15:23,560 --> 00:15:26,160
All things that paper is not 
allowing you to huddle your 

285
00:15:26,160 --> 00:15:29,120
Bitcoin with Peace of Mind for 
the long haul. 

286
00:15:29,280 --> 00:15:32,640
Stamp your seed on stamp, seed, 
everybody. 

287
00:15:32,640 --> 00:15:35,640
You guys know the deal. 
I made it incredibly easy for 

288
00:15:35,640 --> 00:15:40,000
you guys so that you don't have 
to explain to your grandchildren

289
00:15:40,000 --> 00:15:43,320
why you lost your generational 
wealth because you could scan 

290
00:15:43,320 --> 00:15:46,200
the QR code or check the link in
the video description. 

291
00:15:46,200 --> 00:15:49,080
It will take you directly to the
Stamp Seed website, where you 

292
00:15:49,080 --> 00:15:52,640
can buy yourself a Stamp Seed 
storage kit and you could stamp 

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00:15:53,000 --> 00:15:57,400
your effing seed onto titanium. 
So yeah, imagine that 

294
00:15:57,400 --> 00:16:01,360
conversation 50 years from now. 
You know bitcoin's at $50 

295
00:16:01,360 --> 00:16:04,800
million per coin and your 
grandchildren's like, hey, so 

296
00:16:04,800 --> 00:16:07,680
you you bought Bitcoin, right? 
And you're like, no, I lost my 

297
00:16:07,680 --> 00:16:09,640
seed race. 
Why'd you do that, grandpapa? 

298
00:16:09,800 --> 00:16:12,880
Well, I wrote it down on paper. 
Don't put yourself in that 

299
00:16:12,880 --> 00:16:14,920
situation. 
Get yourself a Stamp SEAT promo 

300
00:16:14,960 --> 00:16:18,120
code. 
Simply Anyways, at the time of 

301
00:16:18,120 --> 00:16:23,640
recording the Bitcoin price is 
670 thousand $230 SATS per 

302
00:16:23,640 --> 00:16:31,560
dollar 1424 block height 844,612
blocks to having 200 and five 

303
00:16:32,120 --> 00:16:39,400
205,388 having estimate March 
22nd, 2028 having estimate sorry

304
00:16:39,400 --> 00:16:45,400
total Lightning Total Lightning 
network capacity 4662 Bitcoin 

305
00:16:45,720 --> 00:16:51,000
capacity value 327 million U.S. 
dollars Realized monetary 

306
00:16:51,000 --> 00:16:56,760
inflation 1.65% The market 
capitalization of Bitcoin 1.38 

307
00:16:56,760 --> 00:17:02,200
trillion Bitcoin verse gold 
market cap 8.37%. 

308
00:17:02,600 --> 00:17:04,720
In the grand scheme of things 
we're just getting started. 

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00:17:04,720 --> 00:17:07,480
Anyways, if you guys are 
enjoying the show so far, make 

310
00:17:07,480 --> 00:17:11,560
sure to smash that like button 
Help us break 100 likes within 

311
00:17:11,560 --> 00:17:15,640
the first hour of the show. 
I'm so excited to react to this 

312
00:17:15,640 --> 00:17:20,079
video because we have a 
superstar guest joining us 

313
00:17:20,079 --> 00:17:23,599
today. 
We have this guy Yuval Noah 

314
00:17:23,599 --> 00:17:26,800
Harari who is the central 
planner of the central planners.

315
00:17:26,800 --> 00:17:30,000
He really fundamentally believes
that, you know, he knows what's 

316
00:17:30,000 --> 00:17:33,600
best for your life. 
And yeah, he got a little bit 

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00:17:33,600 --> 00:17:38,240
triggered, I guess, by the 
reactions to his video where the

318
00:17:38,240 --> 00:17:40,880
Bank of International 
Settlements rolled them out on 

319
00:17:40,880 --> 00:17:43,800
stage. 
And he was there like, you know,

320
00:17:43,800 --> 00:17:45,400
their Muppet, their talking 
head. 

321
00:17:45,800 --> 00:17:48,160
And he was just like, yeah, I 
don't like Bitcoin because it's 

322
00:17:48,160 --> 00:17:50,040
a currency of distrust. 
And you should trust the 

323
00:17:50,040 --> 00:17:52,880
government more because it's not
like they've ever abused that to

324
00:17:52,880 --> 00:17:55,600
take advantage of you and 
completely debase you and fund 

325
00:17:55,600 --> 00:17:59,480
these endless wars of which your
children were drafted and rolled

326
00:17:59,480 --> 00:18:01,920
out to, you know, go die in a 
foreign land. 

327
00:18:01,920 --> 00:18:04,360
No horrific things that Fiat has
enabled. 

328
00:18:04,520 --> 00:18:08,120
Let's completely ignore that and
let's give them even more trust.

329
00:18:08,120 --> 00:18:11,560
It's not like they will ever use
that against us whatsoever, 

330
00:18:11,880 --> 00:18:15,880
anyways. 
So this was his response. 

331
00:18:15,880 --> 00:18:18,080
Do I have a problem with 
Bitcoin? 

332
00:18:18,080 --> 00:18:20,360
Let's check it out. 
Do I have a problem with 

333
00:18:20,360 --> 00:18:23,560
Bitcoin? 
I've recently said that Bitcoin 

334
00:18:23,600 --> 00:18:27,600
is a currency of distrust. 
I was just repeating what 

335
00:18:27,600 --> 00:18:29,520
Bitcoin fans themselves often 
say. 

336
00:18:30,200 --> 00:18:33,920
They argue that they don't trust
the banks and governments that 

337
00:18:33,920 --> 00:18:37,800
create dollars, yens, and other 
currencies, and therefore they 

338
00:18:37,800 --> 00:18:41,280
prefer Bitcoin. 
Bitcoin fans may have good 

339
00:18:41,280 --> 00:18:45,240
reasons to distrust banks and 
governments, but it doesn't 

340
00:18:45,240 --> 00:18:49,640
change the fact that Bitcoin is 
based on distrust of human 

341
00:18:49,640 --> 00:18:53,360
institutions. 
This is unfortunate, for the 

342
00:18:53,360 --> 00:18:57,240
whole purpose of money is to 
create trust between strangers. 

343
00:18:57,760 --> 00:19:01,480
Farmers grow food, shoemakers 
make shoes. 

344
00:19:01,960 --> 00:19:04,480
What is the function of the 
financial system? 

345
00:19:05,000 --> 00:19:09,520
Finance creates trust. 
Financial devices like 

346
00:19:09,520 --> 00:19:14,400
currencies, bonds, and shares 
create trust between millions of

347
00:19:14,400 --> 00:19:18,240
strangers, who can then pull 
their knowledge and resources 

348
00:19:18,240 --> 00:19:21,480
together and cooperate on shared
projects. 

349
00:19:22,840 --> 00:19:26,640
Originally, there was very 
little trust in institutions 

350
00:19:26,640 --> 00:19:30,840
like banks and governments, so 
money was minted from gold. 

351
00:19:31,440 --> 00:19:36,440
Since gold was scarce, this 
limited the amount of money and 

352
00:19:36,440 --> 00:19:42,160
limited Economic Cooperation. 
In the modern age, trust in 

353
00:19:42,160 --> 00:19:48,000
banks and governments increased,
so they started to create tons 

354
00:19:48,120 --> 00:19:53,320
of new money from paper and 
later also from electronic data.

355
00:19:54,120 --> 00:20:00,280
Today more than 90% of dollars, 
yens, EUR and other currencies 

356
00:20:00,480 --> 00:20:05,920
is just data in computers. 
Bitcoin is basically a return to

357
00:20:05,920 --> 00:20:08,880
gold. 
Electronic gold, it assumes. 

358
00:20:09,160 --> 00:20:13,040
That we shouldn't trust human 
institutions and shouldn't allow

359
00:20:13,040 --> 00:20:18,960
them to create money at will. 
I understand the causes for this

360
00:20:18,960 --> 00:20:22,840
distrust, but it is an alarming 
development. 

361
00:20:23,480 --> 00:20:28,440
I hope that humanity finds a way
to build trustworthy human 

362
00:20:28,440 --> 00:20:33,400
institutions instead of adopting
technologies of distrust. 

363
00:20:34,240 --> 00:20:38,800
Humans control the world because
we learned to trust one another 

364
00:20:39,480 --> 00:20:44,080
and cooperate with one another. 
If we now lose trust in human 

365
00:20:44,080 --> 00:20:49,560
institutions and instead put all
our trust only in algorithms, 

366
00:20:50,000 --> 00:20:52,360
then the algorithms will control
the world. 

367
00:20:54,560 --> 00:21:00,360
Like what I got to say about 
that is just simple, like if you

368
00:21:00,360 --> 00:21:04,360
live in Argentina or if you live
in Venezuela, you've been 

369
00:21:04,400 --> 00:21:10,040
absolutely royally effed for 
trust in someone else in regards

370
00:21:10,040 --> 00:21:13,520
to in the United States 
specifically no. 

371
00:21:13,960 --> 00:21:18,640
Like notable banker went to jail
for what happened in 2008. 

372
00:21:19,200 --> 00:21:23,920
They completely stole the 
opportunity the time the energy 

373
00:21:23,920 --> 00:21:28,160
the work from you know the lower
the the, the the lower classes 

374
00:21:28,160 --> 00:21:30,920
the lower middle classes that 
don't have the means to save an 

375
00:21:30,920 --> 00:21:33,000
assets. 
They completely you know 

376
00:21:33,000 --> 00:21:37,200
destroyed the opportunity for 
the new newer generations to get

377
00:21:37,200 --> 00:21:40,560
ahead in life. 
So I mean forgive me if I don't 

378
00:21:40,560 --> 00:21:44,960
trust whatsoever you know what 
the government is doing. 

379
00:21:44,960 --> 00:21:48,440
I I I don't I I think that you 
know with Bitcoin it's it's very

380
00:21:48,440 --> 00:21:52,520
easy it's you know Knute is 
literally wearing the wearing 

381
00:21:52,520 --> 00:21:56,320
the shirt right now Infinity 
divided by 21 million. 

382
00:21:56,320 --> 00:21:59,760
I know for a fact that there's 
21 million Bitcoin. 

383
00:21:59,920 --> 00:22:04,040
It cannot be debased it cannot 
be confiscated easily It's on 

384
00:22:04,040 --> 00:22:08,160
it's censorship resistant. 
Yeah I trust that system way 

385
00:22:08,160 --> 00:22:11,640
more than people like him that 
are telling me that you'll own 

386
00:22:11,640 --> 00:22:14,040
nothing and be happy and eat the
fucking bugs. 

387
00:22:14,320 --> 00:22:16,760
I'm sorry bro. 
I don't trust you at all. 

388
00:22:17,680 --> 00:22:21,720
Don't trust verify. 
And if you still using a system 

389
00:22:21,720 --> 00:22:26,640
that requires trust in today's 
day and age, I mean, yeah, 

390
00:22:26,680 --> 00:22:29,360
you're you know, you're you're 
at the, you're at the whims of 

391
00:22:29,360 --> 00:22:31,480
this guy. 
You know, centrally planning 

392
00:22:31,480 --> 00:22:32,800
your life for the rest of your 
life. 

393
00:22:32,800 --> 00:22:35,640
Anyways, Knute, I'm going to 
start off with you brother. 

394
00:22:36,080 --> 00:22:38,600
What's your take on this? 
What's your take on this 

395
00:22:38,600 --> 00:22:41,400
intellectual from the World 
Economic Forum that knows 

396
00:22:41,400 --> 00:22:44,360
clearly knows what's best for 
the entire planet? 

397
00:22:45,960 --> 00:22:50,800
I feel sorry for the guy. 
I mean, first of all, like Big 

398
00:22:50,800 --> 00:22:54,760
Bitcoin isn't. 
It's an agreement on a on a 

399
00:22:54,800 --> 00:22:56,880
fixed set of rules and nothing 
else. 

400
00:22:57,160 --> 00:23:02,360
So we agreed to these rules 
because these rules are, they're

401
00:23:02,360 --> 00:23:06,120
more expensive to try to break 
than to just follow. 

402
00:23:06,160 --> 00:23:10,560
That's why we agree and 
voluntarily opt into this 

403
00:23:10,560 --> 00:23:15,120
system. 
It's a beautiful thing and this 

404
00:23:15,120 --> 00:23:19,680
guy just doesn't get that. 
There's there's like I enjoyed 

405
00:23:19,680 --> 00:23:22,280
the first part of Sapiens but I 
found the rest of the book 

406
00:23:22,280 --> 00:23:27,840
boring and I put it down after a
while And one of the which is 

407
00:23:27,840 --> 00:23:34,160
one of Yuval's books and one of 
the words he introduced to me at

408
00:23:34,160 --> 00:23:38,240
least in that book was the word 
inter subjective which I think 

409
00:23:38,240 --> 00:23:44,120
is a great word and and Bitcoin 
is an inter subjective thing so 

410
00:23:44,120 --> 00:23:50,120
it's all money so he he should 
understand this and but he's 

411
00:23:50,600 --> 00:23:56,640
when you're so deep in in Fiat 
land and and you're working with

412
00:23:56,640 --> 00:23:59,800
all of these institutions and 
everyone in this institutions I 

413
00:23:59,800 --> 00:24:03,480
mean they're people too and I 
think they think that they are 

414
00:24:03,480 --> 00:24:07,280
doing a good job and that they 
are doing their best to make the

415
00:24:07,280 --> 00:24:11,840
world a better place. 
It's just that they don't make 

416
00:24:11,840 --> 00:24:13,760
the world a better place. 
That's the problem. 

417
00:24:14,440 --> 00:24:15,840
They think they are, but they 
aren't. 

418
00:24:15,880 --> 00:24:19,680
That's what's the same thing in 
the Soviet Union. 

419
00:24:19,680 --> 00:24:24,440
I mean, free markets are better 
at decision making than human 

420
00:24:24,440 --> 00:24:27,160
beings are because free markets 
are human beings. 

421
00:24:27,160 --> 00:24:30,720
It's just that the weights of 
each, each and every one of us 

422
00:24:32,200 --> 00:24:35,800
opinions are weighed correctly 
in a free market and not 

423
00:24:36,440 --> 00:24:38,480
resources aren't being 
misallocated. 

424
00:24:38,480 --> 00:24:42,160
So he's he's misinterpreting the
whole thing and digging his own 

425
00:24:42,160 --> 00:24:46,760
grip. 100% agree with that. 
I'm going to pass it on to Luke.

426
00:24:46,800 --> 00:24:48,320
Luke what? 
What's your take on all this? 

427
00:24:49,840 --> 00:24:51,440
Yeah. 
Well, just to add on to what 

428
00:24:51,440 --> 00:24:54,080
Knut is saying here, I mean, I 
think, I think the thing about 

429
00:24:54,520 --> 00:24:57,480
listening to that video is I is 
I hear that and everything he's 

430
00:24:57,480 --> 00:25:00,600
saying, I think he should be 
talking about Bitcoin. 

431
00:25:00,840 --> 00:25:04,480
You know, like the let's create 
human institutions that we can 

432
00:25:04,480 --> 00:25:06,120
trust in. 
Well, yeah, that's that's 

433
00:25:06,120 --> 00:25:08,280
Bitcoin. 
But the reason we can trust in 

434
00:25:08,280 --> 00:25:10,480
that is because we can verify 
it, right. 

435
00:25:10,840 --> 00:25:13,160
We can trust the money because 
we can verify it. 

436
00:25:13,160 --> 00:25:16,560
We can verify that there is a 
fixed supply cap. 

437
00:25:16,840 --> 00:25:23,080
And the the thing about this is 
that with with the the, the 

438
00:25:23,080 --> 00:25:26,640
trouble with the distrust that I
think he's talking about is more

439
00:25:26,920 --> 00:25:29,880
about distrust of the 
institutions, right. 

440
00:25:30,240 --> 00:25:32,640
And we can't verify anything 
that these institutions are 

441
00:25:32,640 --> 00:25:34,880
doing until after the fact they 
have the control. 

442
00:25:34,880 --> 00:25:39,040
The Argentina graph that you 
pulled up Nico, like it's it's 

443
00:25:39,040 --> 00:25:44,320
it's all of this is exactly what
we bitcoiners don't trust. 

444
00:25:44,320 --> 00:25:48,560
Can't trust right. 
But we can verify the Bitcoin 

445
00:25:48,560 --> 00:25:52,520
and and this is what can create 
trust between us as individuals.

446
00:25:52,520 --> 00:25:56,800
We can more easily trust our 
fellow man because we can 

447
00:25:56,800 --> 00:25:59,800
verify. 
And by having a fixed money 

448
00:25:59,800 --> 00:26:02,560
supply, we don't even have to 
worry not about the money 

449
00:26:02,560 --> 00:26:04,320
anymore. 
We don't have to worry that our 

450
00:26:04,320 --> 00:26:07,880
money is losing the purchasing 
power and that our our savings 

451
00:26:07,880 --> 00:26:10,840
are are just melting away 
because because the central 

452
00:26:10,840 --> 00:26:12,920
banks think a little bit of 
inflation is good. 

453
00:26:13,000 --> 00:26:17,040
So that's my take on that. 
And yeah, Yuval Harari is 

454
00:26:17,040 --> 00:26:19,840
misguided. 
Definitely. 100% And I actually,

455
00:26:19,840 --> 00:26:22,760
you know, Speaking of trust, 
ladies and gentlemen, I have a 

456
00:26:22,760 --> 00:26:29,000
video, you know, from Jared 
Bernstein, who is the chair of 

457
00:26:29,000 --> 00:26:32,840
the United States Council of 
Economic Advisers. 

458
00:26:32,840 --> 00:26:38,960
And his role is to advise the 
president on economic policy. 

459
00:26:39,400 --> 00:26:41,160
Let's check out what he has to 
say. 

460
00:26:41,160 --> 00:26:46,040
And you guys, let me know if you
know this inspires trust. 

461
00:26:48,320 --> 00:26:51,320
The US government can't go 
bankrupt because we can print 

462
00:26:51,480 --> 00:26:54,760
our own money. 
It obviously begs the question, 

463
00:26:54,840 --> 00:26:57,400
why exactly are we borrowing in 
a currency that we print 

464
00:26:57,400 --> 00:27:00,360
ourselves? 
I'm waiting for someone to stand

465
00:27:00,360 --> 00:27:04,240
up and say why don't we borrow 
our own currency in the 1st 

466
00:27:04,240 --> 00:27:07,320
place? 
Like you said, they print the 

467
00:27:07,320 --> 00:27:09,280
dollar, so why? 
Why does the government? 

468
00:27:09,280 --> 00:27:17,840
Even borrow. 
Well, the so the, I mean again, 

469
00:27:17,880 --> 00:27:22,800
some of this stuff gets some of 
the language that the MMM some 

470
00:27:22,800 --> 00:27:24,560
of the language and concepts are
just confusing. 

471
00:27:24,560 --> 00:27:27,640
I mean, the government 
definitely prints money and it 

472
00:27:27,640 --> 00:27:30,720
definitely lends that money, 
which is why the government 

473
00:27:30,720 --> 00:27:34,760
definitely prints money and then
it lends that money by by 

474
00:27:34,760 --> 00:27:37,120
selling bonds. 
Is that what they do? 

475
00:27:38,240 --> 00:27:44,280
They they they, yeah, they they 
they sell bonds. 

476
00:27:44,360 --> 00:27:47,080
Yeah, they sell bonds, right. 
Since they sell bonds and people

477
00:27:47,080 --> 00:27:48,440
buy the bonds and lend them the 
money. 

478
00:27:48,680 --> 00:27:52,240
Yeah. 
So a lot of times, a lot of 

479
00:27:52,240 --> 00:27:55,120
times, at least in my year with 
MMT the the language and the 

480
00:27:55,120 --> 00:27:57,840
concepts can be kind of 
unnecessarily confusing. 

481
00:27:57,840 --> 00:28:01,240
But there is no question that 
the government prints money and 

482
00:28:01,240 --> 00:28:11,200
then it uses that money to. 
So yeah, I I guess I'm just I 

483
00:28:11,200 --> 00:28:13,360
don't I can't really talk. 
I don't I don't get it. 

484
00:28:13,360 --> 00:28:15,760
I don't know what they're 
talking about like, because it's

485
00:28:15,760 --> 00:28:20,320
like the government clearly 
prints money, does it all the 

486
00:28:20,320 --> 00:28:23,840
time, and it clearly borrows 
otherwise we wouldn't be having 

487
00:28:23,840 --> 00:28:25,240
this debt and deficit 
conversation. 

488
00:28:25,240 --> 00:28:28,000
So I don't think there's 
anything confusing there. 

489
00:28:30,200 --> 00:28:32,400
So that's the guy you're 
supposed to trust. 

490
00:28:34,760 --> 00:28:36,600
That guy. 
That guy. 

491
00:28:36,600 --> 00:28:41,080
Jared Bernstein, is part of the 
Council of Economic Advisors. 

492
00:28:41,400 --> 00:28:44,360
They're responsible for 
releasing an annual report 

493
00:28:44,360 --> 00:28:46,640
called the Economic Report of 
the President. 

494
00:28:47,200 --> 00:28:52,320
In that report, they dedicated 
20 pages making the case for 

495
00:28:52,320 --> 00:28:55,160
central banks and also bashing 
Bitcoin. 

496
00:28:56,200 --> 00:29:00,400
That's who you've all wants you 
to trust and he can't even 

497
00:29:00,440 --> 00:29:02,480
answer the question in the 1st 
place. 

498
00:29:02,960 --> 00:29:05,520
I'm sorry bro, I'm sorry I can't
trust you man. 

499
00:29:05,520 --> 00:29:07,160
You don't even know what's going
on. 

500
00:29:07,400 --> 00:29:09,280
Anyways, Opti, what's your take?
On this? 

501
00:29:09,280 --> 00:29:10,720
Yeah. 
Now, before I come in, Canute 

502
00:29:10,720 --> 00:29:13,360
wanted to say one more point, so
let's bring him in. 

503
00:29:14,600 --> 00:29:17,760
Yeah, no, yeah, no problem. 
I I mean, just hearing this guy 

504
00:29:17,760 --> 00:29:21,200
is so funny. 
The thing is don't trust that 

505
00:29:21,200 --> 00:29:24,040
movie maker either. 
That woman who is making that 

506
00:29:24,040 --> 00:29:27,240
movie is apparently an MMT 
maximalist. 

507
00:29:27,240 --> 00:29:31,200
So, so the the the clip is from 
a movie that is probably not 

508
00:29:31,200 --> 00:29:34,800
very pro Bitcoin either. 
But what I was going to say 

509
00:29:34,800 --> 00:29:40,200
before is like the Is there 
anyone more trustworthy on earth

510
00:29:40,200 --> 00:29:45,440
than than someone who is stuck 
to their guns for the the last 

511
00:29:45,440 --> 00:29:51,320
decade in Bitcoin and has not 
ever taking the taken the giant 

512
00:29:51,320 --> 00:29:55,320
bag of shit coins offered to 
them on almost a a daily basis. 

513
00:29:57,600 --> 00:30:00,440
No one on earth has more 
integrity than a Bitcoin 

514
00:30:00,440 --> 00:30:02,720
maximalist. 
That's that's just a fact to me.

515
00:30:02,720 --> 00:30:06,440
There are so many people in this
space who I would trust with 

516
00:30:07,000 --> 00:30:11,440
anything. 
Like because you know that you 

517
00:30:11,440 --> 00:30:15,840
can trust bitcoiners, you have 
no idea if you can trust anyone 

518
00:30:15,840 --> 00:30:18,800
else. 
But if the bin Max is for a long

519
00:30:18,800 --> 00:30:21,600
time, then yeah, that's the 
trustworthiness. 

520
00:30:21,760 --> 00:30:27,040
Ironically enough, that's what 
don't trust verify leads to. 100

521
00:30:27,040 --> 00:30:29,360
percent, 100% agree with that 
take. 

522
00:30:29,640 --> 00:30:32,040
Anyways, OPTI, real quick, 
'cause we are we are going, 

523
00:30:32,080 --> 00:30:34,640
yeah, yeah, yeah. 
Mine will be a little quick. 

524
00:30:34,960 --> 00:30:39,440
I mean guys like Yuval Harari is
the perfect counter signal. 

525
00:30:39,440 --> 00:30:42,880
I am so glad that he is like 
anti Bitcoin and fighting 

526
00:30:42,880 --> 00:30:46,400
Bitcoin and now doing all this 
really ridiculous social media 

527
00:30:46,400 --> 00:30:48,960
propaganda 'cause these are the 
type of people and this might 

528
00:30:48,960 --> 00:30:50,160
get Nikko feeling a little 
weird. 

529
00:30:50,320 --> 00:30:53,720
These are the type of people we 
want to be the last to adopt 

530
00:30:53,720 --> 00:30:56,480
Bitcoin. 
Like this guy is so anti human. 

531
00:30:56,480 --> 00:30:59,440
It's absolutely incredible. 
He basically thinks humans are 

532
00:30:59,440 --> 00:31:03,200
useless, that the the the only 
future for humans is is like 

533
00:31:03,200 --> 00:31:06,840
literally be doped up like 
useless eaters. 

534
00:31:06,840 --> 00:31:08,600
Like these are his words, not 
mine. 

535
00:31:08,920 --> 00:31:12,960
And then just like even going to
even if you like to talk about 

536
00:31:12,960 --> 00:31:15,440
what he's actually saying and 
try to dismantle he's saying 

537
00:31:15,440 --> 00:31:18,880
like he said something. 
I forget like the point of money

538
00:31:18,880 --> 00:31:21,160
is so that you trust people. 
And it's like that's literally 

539
00:31:21,160 --> 00:31:22,880
the opposite. 
The point of cash is so you 

540
00:31:22,880 --> 00:31:24,840
don't have to trust the person 
you're transacting with. 

541
00:31:24,840 --> 00:31:26,680
But you know this guy's an 
anthropologist. 

542
00:31:26,680 --> 00:31:29,360
Of course we shouldn't expect 
him to understand anything about

543
00:31:29,360 --> 00:31:32,040
economics. 
But I think the real elephant in

544
00:31:32,040 --> 00:31:35,760
the room is why don't people 
trust the institutions anymore. 

545
00:31:35,760 --> 00:31:39,200
You've all it's because you guys
have abused our trust and now we

546
00:31:39,200 --> 00:31:42,320
don't have to trust them. 
This is why it's the meme don't 

547
00:31:42,320 --> 00:31:44,840
trust verify. 
And This is why it's The only 

548
00:31:44,840 --> 00:31:47,680
way forward is because we know 
that you can't trust other 

549
00:31:47,680 --> 00:31:51,080
humans to not debase the money. 
And so now we've took in that 

550
00:31:51,080 --> 00:31:52,600
power out of the hands of 
humans. 

551
00:31:52,880 --> 00:31:56,320
And you know, as long as every 
one of us or at least most of us

552
00:31:56,320 --> 00:31:59,480
are running annode ourselves, we
don't have to trust humans. 

553
00:31:59,680 --> 00:32:04,320
And like Canute was saying, even
though we don't trust the 

554
00:32:04,320 --> 00:32:07,080
institutions, we don't trust the
banks, that doesn't mean that 

555
00:32:07,080 --> 00:32:11,520
trust in society won't grow. 
Once you realize that people are

556
00:32:11,520 --> 00:32:14,040
principled, that they aren't 
going to rob you or rather don't

557
00:32:14,040 --> 00:32:17,560
have the ability to rob you, 
then your the your trust levels 

558
00:32:17,560 --> 00:32:19,120
can go up. 
Like with all of us as 

559
00:32:19,120 --> 00:32:21,760
bitcoiners, you know there's a 
certain level of understanding 

560
00:32:22,040 --> 00:32:24,800
and you can move forward from 
there and and that's the beauty 

561
00:32:24,800 --> 00:32:28,000
of Bitcoin. 
But also really again going back

562
00:32:28,000 --> 00:32:30,840
to if we really want to like 
break down what he was saying 

563
00:32:31,040 --> 00:32:34,760
like the just trust us, bro so 
we can print more money Like 

564
00:32:34,760 --> 00:32:37,400
that is the craziest line of 
logic I've ever heard in my 

565
00:32:37,400 --> 00:32:40,080
life. 
You like you know you you don't 

566
00:32:40,080 --> 00:32:44,200
trust us but like trust us, bro,
because that's the the world's 

567
00:32:44,200 --> 00:32:47,200
been a been doing very well 
because we're printing more cash

568
00:32:47,200 --> 00:32:50,040
and look how much good things 
you had and it's like this is 

569
00:32:50,040 --> 00:32:51,760
insane. 
He's like, yeah, trust us bro, 

570
00:32:51,760 --> 00:32:54,400
because money printer's going to
go Burr and you're like, what is

571
00:32:54,400 --> 00:32:58,240
going on here? 
The thing is, honesty is 

572
00:32:58,240 --> 00:33:01,320
becoming profitable and 
dishonesty is not. 

573
00:33:01,320 --> 00:33:06,040
It's it's becoming a losing the 
the like in Fiat, it's 

574
00:33:06,040 --> 00:33:09,200
profitable to be dishonest. 
In Bitcoin it's not. 

575
00:33:09,400 --> 00:33:11,920
It's the other way around. 
It's the inverse of clown world.

576
00:33:13,120 --> 00:33:14,440
That's what it is. 
Yeah. 

577
00:33:14,440 --> 00:33:17,720
I mean and and I think that's 
like really like that. 

578
00:33:17,720 --> 00:33:20,800
That's the signal right there. 
And I think a lot of people have

579
00:33:20,800 --> 00:33:24,840
a they don't quite understand 
that Bitcoin has an aligned 

580
00:33:24,840 --> 00:33:28,840
incentive structure and you 
know, it pays to, you know, it 

581
00:33:28,840 --> 00:33:31,640
play, it pays to play by the 
rules. 

582
00:33:31,640 --> 00:33:34,680
And you can make the case. 
I would say it's more expensive 

583
00:33:34,680 --> 00:33:38,640
to try to break the rules in the
Bitcoin system then versus the 

584
00:33:38,640 --> 00:33:41,200
Fiat system. 
And I think that's a very alien 

585
00:33:41,200 --> 00:33:44,400
concept, specifically for people
that have been living in the 

586
00:33:44,400 --> 00:33:46,720
Fiat matrix the majority of 
their lives. 

587
00:33:46,720 --> 00:33:49,120
Anyways, let's move on to the 
news 'cause we have a lot to 

588
00:33:49,120 --> 00:33:52,360
cover today. 
But first I do to give a very 

589
00:33:52,360 --> 00:33:56,240
special shout out to our 
sponsor, Pleb Party at Bitcoin 

590
00:33:56,240 --> 00:34:00,240
Nashville 2024. 
This is an event that you're not

591
00:34:00,240 --> 00:34:02,640
going to want to miss, 
especially if you're going to 

592
00:34:02,640 --> 00:34:06,520
the Bitcoin 2024 conference in 
Nashville, the largest Bitcoin 

593
00:34:06,520 --> 00:34:10,320
conference on planet Earth. 
The the day of the party is 

594
00:34:10,320 --> 00:34:13,520
going to be July 25th, the day 
before the conference. 

595
00:34:13,520 --> 00:34:17,679
It's a 12 hour bar. 
Oh, it's a 12 hour open bar, 

596
00:34:17,679 --> 00:34:20,239
meaning the drinks are 
completely included in your 

597
00:34:20,239 --> 00:34:24,080
tickets from noon to midnight. 
It's a pled party in Nashville. 

598
00:34:24,480 --> 00:34:27,480
Confirmed attendees include 
Larry Leopard, Preston Pish. 

599
00:34:27,719 --> 00:34:32,159
The entire Simply Bitcoin crew, 
including Nico Opti Ruston, John

600
00:34:32,320 --> 00:34:35,280
James Lavish will be there. 
Robert Breedlove, Mark Moss, 

601
00:34:35,280 --> 00:34:37,960
Pubby Tatum turn up. 
It's going to be hosted in an 

602
00:34:37,960 --> 00:34:41,800
amazing venue, A rustic 
automobile factory from 1910 

603
00:34:42,000 --> 00:34:45,199
with brick walls and tons of 
proof from work atmosphere. 

604
00:34:45,400 --> 00:34:48,880
Over 1000 Bitcoin plebs are 
expected to attend. 

605
00:34:49,080 --> 00:34:52,040
You don't want to miss this 
Bitcoin party, so if you're 

606
00:34:52,040 --> 00:34:56,360
going to the Bitcoin 20/20/20, 
the Bitcoin 2024 conference, you

607
00:34:56,360 --> 00:34:58,120
definitely don't want to miss 
this party. 

608
00:34:58,240 --> 00:35:02,880
And the tickets sell out, right?
So last year in Miami, they sold

609
00:35:02,880 --> 00:35:04,640
out about two weeks before the 
event. 

610
00:35:05,040 --> 00:35:07,760
So they're not going to, there's
not going to be any available at

611
00:35:07,760 --> 00:35:09,280
the door. 
So you want to get your tickets 

612
00:35:09,280 --> 00:35:15,880
now before they sell out. 
So go to go to Pleb party and go

613
00:35:15,880 --> 00:35:18,680
scan the QR code or check the 
link in the video description. 

614
00:35:18,680 --> 00:35:21,200
All right, everybody, let's move
on to the news. 

615
00:35:21,200 --> 00:35:28,920
Lots of cover, the Daily News. 
I want to give a shout out to 

616
00:35:28,920 --> 00:35:33,280
our sponsor, Foundation Devices.
It's self custody done right. 

617
00:35:33,320 --> 00:35:36,880
They built a premium grade 
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618
00:35:37,080 --> 00:35:39,960
right here in the US. 
It's fully open source and 

619
00:35:39,960 --> 00:35:42,600
verifiable. 
It's the most intuitive Bitcoin 

620
00:35:42,600 --> 00:35:46,480
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621
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phone so you will know how to 
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622
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moment you pick it up. 
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623
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624
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625
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626
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Bitcoin Miami 2023, the passport
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627
00:36:05,400 --> 00:36:08,400
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628
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629
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630
00:36:14,360 --> 00:36:16,400
materials. 
If you're thinking about getting

631
00:36:16,400 --> 00:36:19,040
your Bitcoin off exchange 
changes, this is the one for 

632
00:36:19,040 --> 00:36:21,080
you. 
Check out the passport link in 

633
00:36:21,080 --> 00:36:23,080
the show notes below to learn 
more. 

634
00:36:23,600 --> 00:36:28,160
Everybody see this right here. 
This is an extremist tool for 

635
00:36:28,160 --> 00:36:30,080
you to take self custody of your
wealth. 

636
00:36:30,080 --> 00:36:31,640
I'm just kidding. 
It's not extremist. 

637
00:36:31,640 --> 00:36:33,400
It's literally it's a hardware 
wallet. 

638
00:36:33,400 --> 00:36:36,640
It's incredibly easy to use. 
It's called Passport by 

639
00:36:36,640 --> 00:36:38,880
Foundation devices. 
You could pair it up with the 

640
00:36:38,880 --> 00:36:43,640
Envoy app and it's it just makes
it makes it incredibly easy to 

641
00:36:43,640 --> 00:36:48,360
spend your cold storage Bitcoin.
So guys, get the Envoy by 

642
00:36:48,360 --> 00:36:52,080
Foundation devices and don't let
them tell you that somehow this 

643
00:36:52,080 --> 00:36:55,760
is dangerous to society because 
you're taking self custody of 

644
00:36:55,760 --> 00:36:58,760
your wealth of which they can't 
confiscate or debase. 

645
00:36:59,200 --> 00:37:02,840
But yes, get yourself a hardware
wallet and obviously we 

646
00:37:02,840 --> 00:37:06,480
recommend our sponsor, Passport 
by Foundation Devices. 

647
00:37:06,520 --> 00:37:10,600
Like I said, incredibly easy to 
use and completely open source. 

648
00:37:10,880 --> 00:37:15,000
Don't trust Verify because I do 
want to get to 2 days news. 

649
00:37:15,880 --> 00:37:19,440
It's so crazy that like 
Elizabeth Warren is like trying 

650
00:37:19,440 --> 00:37:24,400
to pitch us that somehow this 
piece of of technology is, is is

651
00:37:24,400 --> 00:37:27,000
somehow dangerous. 
Like that's so nuts that you 

652
00:37:27,000 --> 00:37:28,280
know, but I wouldn't put it past
them. 

653
00:37:28,280 --> 00:37:30,560
Of course they want to retain 
the the privilege of being able 

654
00:37:30,560 --> 00:37:32,920
to create money for free that 
everyone else has to work for. 

655
00:37:33,120 --> 00:37:37,720
Anyways in other news you know 
this this thing is escalating. 

656
00:37:37,960 --> 00:37:41,560
But the game theory, like Knute 
said before we went on earth but

657
00:37:41,560 --> 00:37:44,840
before we went on air, is 
absolutely playing out. 

658
00:37:45,080 --> 00:37:48,560
So what is happening? 
The Trump The Trump campaign 

659
00:37:49,080 --> 00:37:53,240
announced that President Donald 
Donald J Trump campaign now 

660
00:37:53,240 --> 00:37:57,000
accepting crypto. 
First major party nominee to do 

661
00:37:57,000 --> 00:37:59,480
so goes on today. 
Today's President Trump's 

662
00:37:59,480 --> 00:38:02,600
campaign has launched A 
fundraising page that provides 

663
00:38:02,600 --> 00:38:06,600
any federally permissible donor 
to the ability to give through 

664
00:38:06,600 --> 00:38:10,280
its joint fundraising committee.
And now here's the part where 

665
00:38:10,280 --> 00:38:14,120
they just completely fall flat 
using any cryptocurrency 

666
00:38:14,120 --> 00:38:16,600
accepted through the Coinbase 
Commerce product. 

667
00:38:16,600 --> 00:38:19,720
Now here's the thing about the 
Coinbase Commerce product, they 

668
00:38:19,720 --> 00:38:23,560
literally took away Bitcoin. 
So you can only donate Bitcoin 

669
00:38:23,600 --> 00:38:25,480
for what? 
If you want to do that for 

670
00:38:25,480 --> 00:38:31,160
whatever reason, using a 
Coinbase wallet or using a meta 

671
00:38:31,160 --> 00:38:34,360
mask integrated wallet, You 
can't just send Bitcoin, right? 

672
00:38:34,560 --> 00:38:38,560
So I mean, I guess it's a step 
in the right direction, but like

673
00:38:38,560 --> 00:38:41,680
bro. 
Anyways, so here's a screenshot 

674
00:38:41,680 --> 00:38:45,000
of the page itself now accepting
Bitcoin and shit coins. 

675
00:38:45,000 --> 00:38:50,520
Bitcoin, Ethereum, Solana, USDC,
DOGE, Meta mask. 

676
00:38:50,520 --> 00:38:53,280
I don't know if that's a crypto 
whatever, but it's just 

677
00:38:53,280 --> 00:38:55,880
interesting. 
Anyways, here is the coin desk 

678
00:38:55,880 --> 00:38:59,080
article for the audio listeners 
as Trump becomes first major 

679
00:38:59,080 --> 00:39:02,280
party candidate to accept crypto
donations. 

680
00:39:02,560 --> 00:39:06,480
The likely GOP flag bearer in 
the upcoming U.S. presidential 

681
00:39:06,480 --> 00:39:11,080
election signaled his 
friendliness to crypto at a Mar 

682
00:39:11,080 --> 00:39:15,480
a Lago event earlier this month.
Now here's the thing and here's 

683
00:39:15,480 --> 00:39:21,320
where I think the anti crypto, 
anti Bitcoin, anti crypto 

684
00:39:21,320 --> 00:39:25,480
elements of the Democratic Party
completely dropped the ball and 

685
00:39:25,480 --> 00:39:28,840
they completely got blindsided 
and I think they're panicking 

686
00:39:28,840 --> 00:39:31,120
and I think that's where the 180
is coming from. 

687
00:39:31,320 --> 00:39:34,960
Check out this article from 
Finnbold Biden campaign in panic

688
00:39:34,960 --> 00:39:39,200
mode as Trump accepts crypto 
donations Not long after 

689
00:39:39,200 --> 00:39:42,440
declaring his support for the 
cryptocurrency sector and making

690
00:39:42,440 --> 00:39:45,800
it one of the defining points of
his presidential bid, the former

691
00:39:45,800 --> 00:39:48,280
United States President Donald 
Trump is now officially 

692
00:39:48,280 --> 00:39:51,400
accepting donations from his 
campaign in the form of crypto 

693
00:39:51,400 --> 00:39:53,760
assets. 
It goes on to say, as per the 

694
00:39:53,760 --> 00:39:56,280
press release, the fundraising 
per page provides. 

695
00:39:56,560 --> 00:40:01,080
Anyway, I already read that to 
you guys and here is where. 

696
00:40:02,560 --> 00:40:05,840
Here is where, kind of like the 
Biden administration, elements 

697
00:40:05,840 --> 00:40:08,240
of the Democratic Party are 
starting to walk it back. 

698
00:40:08,400 --> 00:40:12,240
Meanwhile, Biden's team has sent
a fundraising text warning 

699
00:40:12,240 --> 00:40:16,000
donors that cryptocurrency 
executives and oil barons are 

700
00:40:16,000 --> 00:40:17,680
coming out of the woodwork for 
Trump. 

701
00:40:18,000 --> 00:40:20,760
Around the same time as the 
Trump campaign made the above 

702
00:40:20,760 --> 00:40:24,400
announcement, according to a 
widely circulated screenshot. 

703
00:40:24,400 --> 00:40:27,960
Now here's the thing though, 
like they picked the fight in 

704
00:40:27,960 --> 00:40:31,320
the 1st place, Bitcoin is 
bipartisan. 

705
00:40:31,320 --> 00:40:34,560
Bitcoin doesn't have politics 
involved in it. 

706
00:40:34,760 --> 00:40:38,040
They made it political when they
started attacking the entire 

707
00:40:38,040 --> 00:40:40,920
industry and putting one of us 
in a box. 

708
00:40:41,120 --> 00:40:45,760
And now it seems like they are 
walking it back because here is 

709
00:40:45,760 --> 00:40:49,840
the first announcement when the 
House, and also this passed the 

710
00:40:49,840 --> 00:40:52,640
Senate as well. 
They're trying to pass a 

711
00:40:52,640 --> 00:40:56,160
resolution that would make it 
easier for certain financial 

712
00:40:56,160 --> 00:41:00,080
institutions to custody Bitcoin.
The Biden administration went 

713
00:41:00,080 --> 00:41:04,920
out of their way to say if the 
president were presented with HJ

714
00:41:04,920 --> 00:41:09,480
resolution One O 9, he would 
veto it A couple days later when

715
00:41:09,480 --> 00:41:13,200
they realize, Oh my God, this is
probably not a, you know, 

716
00:41:13,200 --> 00:41:15,800
winning issue. 
Take a look at the language. 

717
00:41:15,800 --> 00:41:19,320
It's a lot friendlier. 
The administration of opposes 

718
00:41:19,320 --> 00:41:24,640
passage passage of HR4763, which
would affect the regulatory 

719
00:41:24,640 --> 00:41:26,800
structure for digital assets in 
the United States. 

720
00:41:27,000 --> 00:41:30,760
The Administration is eager to 
work with Congress to ensure a 

721
00:41:30,760 --> 00:41:34,200
comprehensive and balance 
regulatory framework for digital

722
00:41:34,200 --> 00:41:37,720
assets, Building on existing 
authorities which will promote 

723
00:41:37,720 --> 00:41:40,600
the responsible development of 
digital assets and payment 

724
00:41:40,600 --> 00:41:44,280
innovation and help reinforce 
the United States leadership in 

725
00:41:44,280 --> 00:41:48,680
the global financial system. 
HR4763 and its current form 

726
00:41:48,680 --> 00:41:52,160
lacks sufficient protections for
consumers and investors who 

727
00:41:52,160 --> 00:41:54,800
engage in certain digital asset 
transactions. 

728
00:41:55,000 --> 00:41:58,000
The Administration is The 
Administration looks forward to 

729
00:41:58,000 --> 00:42:01,000
continued collaboration with 
Congress on developing 

730
00:42:01,000 --> 00:42:04,000
legislation for digital assets 
that includes adequate 

731
00:42:04,000 --> 00:42:05,760
guardrails for consumers and 
investors. 

732
00:42:05,920 --> 00:42:08,760
We're creating the conditions 
needed for innovation and 

733
00:42:08,760 --> 00:42:11,280
further time will be needed for 
such a collaboration. 

734
00:42:11,440 --> 00:42:15,240
Complete 180 Here's Cynthia 
Lamas, the Bitcoin Senator from 

735
00:42:15,240 --> 00:42:17,800
Wyoming. 
There is bipartisan majority in 

736
00:42:17,800 --> 00:42:20,640
both chambers of Congress in 
favor of crypto. 

737
00:42:20,800 --> 00:42:24,080
The future is very bright. 
Here's Nick Carter. 

738
00:42:24,280 --> 00:42:26,960
He goes on to say the 
resignation of Choke Point 

739
00:42:26,960 --> 00:42:28,720
Marty. 
And what he's referencing is 

740
00:42:28,720 --> 00:42:31,200
Operation Choke Point O, which 
is something that we've covered 

741
00:42:31,400 --> 00:42:35,080
on this show, but essentially 
with Operation Choke .22, Point 

742
00:42:35,080 --> 00:42:38,200
O. 
Was this collaborated effort by 

743
00:42:38,200 --> 00:42:40,800
elements of the federal 
government in an attempt to 

744
00:42:40,800 --> 00:42:43,480
isolate the industry from the 
rest of the traditional 

745
00:42:43,480 --> 00:42:46,560
financial system? 
Well, it seems like the guy 

746
00:42:46,560 --> 00:42:53,160
behind that, the FDIC Chairman 
Martin Gurenberg, resigned, and 

747
00:42:53,160 --> 00:42:56,360
apparently it has to do with 
some type of harassment. 

748
00:42:56,560 --> 00:43:00,640
But I'm sure that someone tapped
on his shoulder just because of 

749
00:43:00,640 --> 00:43:03,480
the political pressure mounting.
Here's Nick Carter goes on to 

750
00:43:03,480 --> 00:43:06,880
say this has to be the potential
to be the biggest winning 

751
00:43:06,880 --> 00:43:09,240
regulatory week in crypto 
history. 

752
00:43:10,000 --> 00:43:14,120
But I think it's important to 
remember that they're just doing

753
00:43:14,120 --> 00:43:18,160
this 180 not because they've 
changed your minds because, but 

754
00:43:18,160 --> 00:43:22,160
because they see the writing on 
the wall that politically this 

755
00:43:22,160 --> 00:43:26,200
might not be very popular with 
elements of their base because 

756
00:43:26,200 --> 00:43:29,360
it's not only Republicans, it's 
only right, right wingers in the

757
00:43:29,360 --> 00:43:31,560
United States that are 
supporting Bitcoin. 

758
00:43:31,720 --> 00:43:34,040
It's bipartisan those. 
So there's left wingers that 

759
00:43:34,040 --> 00:43:36,400
support bitcoiners. 
I mean support Bitcoin. 

760
00:43:36,600 --> 00:43:38,640
There's people in the center 
that support Bitcoin. 

761
00:43:38,800 --> 00:43:42,200
This is a bipartisan issue. 
They are the ones that decided 

762
00:43:42,200 --> 00:43:45,880
to make it partisan when they 
started to go out of their way 

763
00:43:46,080 --> 00:43:50,280
not through legislation attack 
the industry but announce stupid

764
00:43:50,280 --> 00:43:55,760
shit like a 30% proposed tax on 
Bitcoin miners in the United 

765
00:43:55,760 --> 00:43:58,240
States. 
And when they tap on the FBI to 

766
00:43:58,240 --> 00:44:02,040
release a document trying to 
scare people out of taking self 

767
00:44:02,040 --> 00:44:05,360
custody of their of of their 
Bitcoin and and again this this 

768
00:44:05,360 --> 00:44:08,640
is, this is enforcement by 
executive action. 

769
00:44:08,840 --> 00:44:11,640
This is not enforcement via 
legislation right. 

770
00:44:11,760 --> 00:44:14,480
So there's it's just they just 
don't like the the the industry 

771
00:44:14,720 --> 00:44:17,920
anyways. 
So Nick Carter said something I 

772
00:44:17,920 --> 00:44:20,240
think on point he said the Biden
administration is marginally 

773
00:44:20,240 --> 00:44:23,800
taking their foot off neck for 
cheap political points because 

774
00:44:23,800 --> 00:44:27,480
junior staffers showed them 
scary internal polls don't be 

775
00:44:27,800 --> 00:44:30,560
placated. 
We still need a clean house and 

776
00:44:30,560 --> 00:44:35,920
total regime change. 
Here is Caitlin Long, who we've 

777
00:44:35,920 --> 00:44:38,120
had on the show many, many times
and she was. 

778
00:44:38,120 --> 00:44:41,880
She actually dropped this on the
show and she said look like and 

779
00:44:41,880 --> 00:44:43,760
she said this in testimony 
yesterday. 

780
00:44:44,120 --> 00:44:47,040
She said that the reason that 
her bank Custodia bank got 

781
00:44:47,040 --> 00:44:50,160
denied the federal banking 
charter was because that order 

782
00:44:50,160 --> 00:44:52,120
came directly from the White 
House. 

783
00:44:52,440 --> 00:44:56,400
So of course she's reacting to 
that statement that we just read

784
00:44:56,400 --> 00:44:58,560
to you guys. 
But she says, ha ha ha. 

785
00:44:58,800 --> 00:45:01,240
The same White House that 
orchestrated the hit on the 

786
00:45:01,240 --> 00:45:04,400
crypto industry specifically 
including the feds denial of 

787
00:45:04,400 --> 00:45:09,280
custodial bank don't trust them.
What they're really after is a 

788
00:45:09,280 --> 00:45:11,400
central bank digital currency, 
right? 

789
00:45:11,560 --> 00:45:14,520
And again, people aren't buying 
this 180. 

790
00:45:14,640 --> 00:45:19,000
Here's Tom Emmer and let's take 
out what he has to say in 

791
00:45:19,000 --> 00:45:21,920
regards to a central bank 
digital currency. 

792
00:45:21,920 --> 00:45:23,880
So a couple things to unpack 
here. 

793
00:45:24,120 --> 00:45:27,560
Just because they changed tune, 
because they realized how 

794
00:45:27,800 --> 00:45:31,120
unpopular this was politically, 
because there's an election 

795
00:45:31,120 --> 00:45:35,320
coming up in November, don't pay
attention to what they say. 

796
00:45:35,640 --> 00:45:39,840
Pay attention to what they do. 
I don't forget what they've done

797
00:45:39,840 --> 00:45:42,600
to the industry over the last 
two years. 

798
00:45:43,360 --> 00:45:45,800
Doesn't. 
The moment that they put one of 

799
00:45:45,800 --> 00:45:49,720
us in a box, the moment that 
they started persecuting us, you

800
00:45:49,720 --> 00:45:53,920
know, makes me very skeptical of
any 180. 

801
00:45:54,120 --> 00:45:57,640
Just because you've realized a 
little too late that, you know 

802
00:45:57,640 --> 00:46:00,760
this might hurt you in the 
election, it doesn't mean that 

803
00:46:00,760 --> 00:46:02,680
I'm going to completely trust 
you at this point. 

804
00:46:02,840 --> 00:46:05,240
Anyways, let's check out what 
TomTom Emmer has to say. 

805
00:46:06,240 --> 00:46:10,760
This week House Republicans as 
as Blake just said, they're 

806
00:46:10,760 --> 00:46:14,640
going to take action to 
safeguard our American values by

807
00:46:14,640 --> 00:46:20,200
passing my bill, the CBDC or the
Central Bank Digital Currency 

808
00:46:20,560 --> 00:46:24,040
Anti Surveillance State Act. 
With this legislation, we're 

809
00:46:24,040 --> 00:46:26,000
going to stop unelected 
bureaucrats in the Biden 

810
00:46:26,000 --> 00:46:28,920
administration from using a 
central bank digital currency 

811
00:46:29,280 --> 00:46:33,120
again, ACBDC, that threatens to 
destroy the American way of 

812
00:46:33,120 --> 00:46:35,600
life. 
Unlike decentralized digital 

813
00:46:35,600 --> 00:46:40,080
assets such as Bitcoin, CBDC's 
are a digital form of sovereign 

814
00:46:40,080 --> 00:46:43,480
currency design issued and 
monitored by the federal 

815
00:46:43,480 --> 00:46:46,200
government. 
In short, ACBDC is a government 

816
00:46:46,200 --> 00:46:50,280
controlled programmable money 
that if not designed to be just 

817
00:46:50,280 --> 00:46:54,880
like cash, open, permissionless 
and private with a capital P, it

818
00:46:54,880 --> 00:46:57,680
not only could, it will give the
federal government significant 

819
00:46:58,000 --> 00:47:01,360
transaction level data on 
individuals and the ability to 

820
00:47:01,360 --> 00:47:04,160
suppress politically unpopular 
activity. 

821
00:47:04,560 --> 00:47:07,120
We've already seen examples of 
foreign governments weaponizing 

822
00:47:07,120 --> 00:47:09,360
their financial system against 
their citizens. 

823
00:47:09,680 --> 00:47:13,600
In China, the Communist Party 
actually has the digital Yuan 

824
00:47:13,800 --> 00:47:16,680
that is being used to monitor 
its citizens and they are 

825
00:47:16,680 --> 00:47:18,800
building social scores based on 
behaviors. 

826
00:47:19,480 --> 00:47:21,880
Again, that's an anti American 
approach. 

827
00:47:22,320 --> 00:47:25,640
Closer to home, in the Western 
Hemisphere, Canada froze the 

828
00:47:25,640 --> 00:47:29,000
bank accounts of hundreds of 
truckers protesting the vaccine 

829
00:47:29,000 --> 00:47:31,920
mandate in 2022. 
If you think it can happen, 

830
00:47:32,000 --> 00:47:33,720
think again. 
It has and it will. 

831
00:47:33,720 --> 00:47:37,240
If we allow this to happen here,
it's naive to believe that your 

832
00:47:37,240 --> 00:47:40,360
government will not weaponize 
the tools that it has to control

833
00:47:40,360 --> 00:47:41,880
you. 
This may be why the Biden 

834
00:47:41,880 --> 00:47:45,120
administration issued an 
executive order placing urgency 

835
00:47:45,280 --> 00:47:47,480
on CBDC research and 
development. 

836
00:47:47,840 --> 00:47:51,480
All signals point towards this 
administration developing ACBDC 

837
00:47:51,640 --> 00:47:55,040
that can and will be used to 
surveil and control Americans 

838
00:47:55,520 --> 00:47:57,080
the Federal Reserve has even 
described. 

839
00:47:57,080 --> 00:47:58,760
If you don't listen to them when
they tell you that they're not 

840
00:47:58,760 --> 00:48:00,840
doing anything. 
The Federal Reserve has already 

841
00:48:00,840 --> 00:48:04,960
described CBDC's as one of their
key duties in a document that 

842
00:48:04,960 --> 00:48:07,520
was provided to my office. 
In doing this the Biden 

843
00:48:07,520 --> 00:48:10,080
administration has proven they 
are itching to trade Americans 

844
00:48:10,080 --> 00:48:13,240
right to privacy for ACCP style 
surveillance tool. 

845
00:48:13,720 --> 00:48:16,600
House Republicans are not going 
to let that happen. 165 members 

846
00:48:16,600 --> 00:48:19,240
of our conference have Co 
sponsored our CBDC Anti 

847
00:48:19,240 --> 00:48:22,360
Surveillance State Act and it is
guard garnered wide industry 

848
00:48:22,360 --> 00:48:24,960
support. 
This bill ensures that Congress 

849
00:48:25,320 --> 00:48:28,360
not the administration or the 
administrative state more 

850
00:48:28,520 --> 00:48:31,520
specifically retains the 
authority over the United States

851
00:48:31,520 --> 00:48:34,840
digital currency policy so that 
it reflects our American values 

852
00:48:34,840 --> 00:48:37,600
of privacy, individual 
sovereignty and free market 

853
00:48:37,600 --> 00:48:40,560
competitiveness. 
If not open, permissionless and 

854
00:48:40,560 --> 00:48:42,160
private. 
Again with a capital P like 

855
00:48:42,160 --> 00:48:45,560
cash, a CBDC is nothing more 
than a big government 

856
00:48:45,560 --> 00:48:48,920
surveillance tool that will be 
weaponized to oppress Americans 

857
00:48:48,920 --> 00:48:52,200
freedom and right to privacy. 
I encourage all of my 

858
00:48:52,200 --> 00:48:54,640
colleagues, Republican and 
Democrat, to support this bill, 

859
00:48:54,640 --> 00:48:57,080
which protects innovation and 
defense against an ever 

860
00:48:57,080 --> 00:48:59,120
expanding government 
surveillance state. 

861
00:48:59,120 --> 00:49:01,560
With that, I leave. 
I yield to our Majority Leader. 

862
00:49:02,240 --> 00:49:05,080
So I mean, like enough said, 
right? 

863
00:49:05,600 --> 00:49:08,840
You know, don't pay attention to
what they say, pay attention to 

864
00:49:08,840 --> 00:49:11,960
what they do. 
You know the the guy that the 

865
00:49:11,960 --> 00:49:14,600
the video of, the guy, Jared, 
the the one In the very 

866
00:49:14,600 --> 00:49:17,560
beginning, the Council of 
Economic Advisers to the 

867
00:49:17,560 --> 00:49:21,680
President wrote a paper 
literally advocating for CBD CS 

868
00:49:21,680 --> 00:49:24,200
bashing Bitcoin. 
The Biden administration is 

869
00:49:24,200 --> 00:49:26,720
being completely hostile towards
the industry. 

870
00:49:26,920 --> 00:49:29,600
They want a monopoly for their 
central bank digital currency. 

871
00:49:29,600 --> 00:49:32,320
They don't want, you know, they 
don't want competition. 

872
00:49:32,520 --> 00:49:35,640
But clearly as soon as they 
realized how politically 

873
00:49:35,640 --> 00:49:39,960
unpopular that was to go after, 
you know, Bitcoin and shit 

874
00:49:39,960 --> 00:49:43,920
coins, they're doing a 180. 
I don't believe it whatsoever. 

875
00:49:44,280 --> 00:49:46,760
They're just in panic mode. 
The article said it there 

876
00:49:46,760 --> 00:49:48,600
itself. 
They just in. 

877
00:49:48,760 --> 00:49:50,280
But they're trapped into a 
corner. 

878
00:49:50,280 --> 00:49:51,880
And this is the beauty of 
bitcoins. 

879
00:49:51,880 --> 00:49:56,120
Incentives is that it exposes 
incentives, it exposes tyrants, 

880
00:49:56,120 --> 00:49:58,240
right. 
And now they're exposed, right. 

881
00:49:58,240 --> 00:50:00,840
They they don't know what to do.
They're like how do we push this

882
00:50:00,840 --> 00:50:04,680
through even though our base 
doesn't really like this, they 

883
00:50:04,680 --> 00:50:08,840
like alternatives, but we we're 
going to just have to lie to 

884
00:50:08,840 --> 00:50:12,640
them a little bit until we get 
re elected in November and then 

885
00:50:12,640 --> 00:50:15,840
we can go back to the plan of 
rolling out a central bank 

886
00:50:15,840 --> 00:50:18,640
digital currency in the US And 
now what's really interesting 

887
00:50:18,640 --> 00:50:23,400
too is that the rollout of the 
CDC has been an executive action

888
00:50:23,400 --> 00:50:25,400
as well. 
They have not gone through 

889
00:50:25,400 --> 00:50:29,080
Congress to roll this out, which
is what this bill that Tom Emmer

890
00:50:29,080 --> 00:50:32,720
is proposing stops, right? 
And there's already been states 

891
00:50:32,720 --> 00:50:35,680
that have gone above and beyond,
like the state of Florida and 

892
00:50:35,680 --> 00:50:39,080
Governor Ron DeSantis, and 
they've literally passed anti 

893
00:50:39,080 --> 00:50:43,040
central bank digital currency 
legislation so that the federal 

894
00:50:43,040 --> 00:50:44,520
government can't just get away 
with it. 

895
00:50:44,600 --> 00:50:47,000
But make no mistake, that's what
they want. 

896
00:50:47,000 --> 00:50:48,680
That's why they're attacking 
Bitcoin. 

897
00:50:48,840 --> 00:50:52,080
That's why they're proposing 
these 30% taxes on Bitcoin 

898
00:50:52,080 --> 00:50:55,040
miners. 
They don't want a competition to

899
00:50:55,040 --> 00:50:56,840
their central bank digital 
currency. 

900
00:50:56,960 --> 00:50:58,840
But they're being insidious 
about this. 

901
00:50:58,840 --> 00:51:02,240
They're not being honest about 
this because they don't have the

902
00:51:02,240 --> 00:51:04,080
political support to roll this 
out. 

903
00:51:04,280 --> 00:51:07,920
So they have to lie about it. 
They have to say, actually, you 

904
00:51:07,920 --> 00:51:10,880
know what we love Etherium let 
Etherium ETF. 

905
00:51:10,880 --> 00:51:13,600
Yeah, whoop Dee Doo. 
You know, it's like just because

906
00:51:13,600 --> 00:51:16,160
they saw the polling, it has 
nothing to do with like, oh, 

907
00:51:16,160 --> 00:51:18,200
this is what we want. 
It's like they saw the polling. 

908
00:51:18,200 --> 00:51:20,960
They're like, oh, wait, we might
not get elected here, right. 

909
00:51:21,160 --> 00:51:26,000
So And you know what? 
A CBDC is a wet dream for people

910
00:51:26,000 --> 00:51:29,280
like Yuval Harari that we played
you guys the video in the very 

911
00:51:29,280 --> 00:51:31,880
beginning. 
Like that is what that guy is 

912
00:51:31,880 --> 00:51:34,360
dreaming about. 
That is what that guy wants. 

913
00:51:34,520 --> 00:51:38,720
Because there he can have his 
currency of trust and continue 

914
00:51:38,720 --> 00:51:42,840
to central plan the world and 
you'll own nothing and be happy.

915
00:51:42,840 --> 00:51:45,880
And if you're not happy, you 
know, like, you know we will 

916
00:51:45,880 --> 00:51:48,520
shut off your money and you're 
forced to eat bugs. 

917
00:51:48,680 --> 00:51:50,480
You ate too much steak this 
week. 

918
00:51:50,760 --> 00:51:52,520
That's what the central planners
want. 

919
00:51:52,520 --> 00:51:56,160
They want the central bank 
digital currency, and clearly 

920
00:51:56,240 --> 00:51:59,840
they don't want Bitcoin. 
Bitcoin takes away the power 

921
00:51:59,920 --> 00:52:03,040
from the state, takes away the 
power from the central bankers, 

922
00:52:03,120 --> 00:52:05,360
and it truly gives it back to 
the people. 

923
00:52:05,520 --> 00:52:08,640
If you take self custody for 
whatever fucking reason, you 

924
00:52:08,640 --> 00:52:11,880
decide to buy captured Bitcoin, 
that doesn't give you Jack shit.

925
00:52:12,120 --> 00:52:15,840
It's self custody Bitcoin, of 
which you have the keys to and 

926
00:52:15,840 --> 00:52:20,240
only you, that really empowers 
you to truly become a sovereign 

927
00:52:20,240 --> 00:52:21,920
individual. 
So I'm going to pass it on to 

928
00:52:21,960 --> 00:52:24,400
Knute Knute. 
I know you're not based in the 

929
00:52:24,400 --> 00:52:29,760
USI know you're overseas. 
But dude, I mean, this is 

930
00:52:29,760 --> 00:52:31,360
something that we're seeing 
worldwide. 

931
00:52:31,360 --> 00:52:34,440
This isn't something that we're 
just seeing here in the US, 

932
00:52:34,440 --> 00:52:36,480
right? 
You have the European Union 

933
00:52:36,480 --> 00:52:39,800
going full force, you know, 
Opti's ex-girlfriend Christine 

934
00:52:39,800 --> 00:52:43,920
Lagarde at as Fast as she can, 
rolling out, you know, central 

935
00:52:43,920 --> 00:52:46,480
bank digital currencies. 
I believe the last time I 

936
00:52:46,480 --> 00:52:51,400
checked, the Atlantic Council's 
keeping track of this 90% of the

937
00:52:51,400 --> 00:52:54,920
world's countries on planet 
Earth are running as fast as 

938
00:52:54,920 --> 00:52:58,920
they can to develop and roll out
these CBDCS so that they can 

939
00:52:58,920 --> 00:53:02,120
retain the privilege of being 
able to create money for free 

940
00:53:02,360 --> 00:53:04,160
that the rest of us have to work
for. 

941
00:53:04,160 --> 00:53:08,000
What's your take on that Canute?
Well, first of all, I may not be

942
00:53:08,000 --> 00:53:12,400
in the US, but I saw my hat in 
the US in that ad you showed for

943
00:53:12,560 --> 00:53:16,880
For the party in Nashville. 
Sick. 

944
00:53:17,400 --> 00:53:19,600
So that's why I brought that up 
anyway. 

945
00:53:20,600 --> 00:53:24,680
Remember that this whole clown 
show like it didn't start, but 

946
00:53:24,680 --> 00:53:28,840
like a good example of it. 
And Bitcoin was born out of 

947
00:53:28,840 --> 00:53:31,800
this. 
When the 2008 election in the 

948
00:53:32,040 --> 00:53:36,120
US, the switch from Bush to 
Obama, so from Republican to 

949
00:53:36,120 --> 00:53:41,440
Democrat, that's those two 
decided to collude and bail out 

950
00:53:41,440 --> 00:53:45,880
the fucking banks. 
And then we've just been rolling

951
00:53:46,040 --> 00:53:49,240
like people say kick the can, 
kicking the can down the road. 

952
00:53:49,240 --> 00:53:52,600
But I prefer rolling the 
snowball down the hill since. 

953
00:53:53,000 --> 00:53:58,320
So it's getting worse and worse 
and like what are you choosing 

954
00:53:58,320 --> 00:54:00,360
between now? 
You're choosing between Donald 

955
00:54:00,360 --> 00:54:03,400
Trump and Joe Biden. 
Like, are there two worst 

956
00:54:03,400 --> 00:54:05,240
candidates for the? 
UN. 

957
00:54:05,960 --> 00:54:08,920
Ever. 
Like, how Can you believe that 

958
00:54:08,920 --> 00:54:12,640
democracy is working when that 
is the result? 

959
00:54:13,000 --> 00:54:16,080
Like, it's so obviously clown 
world and the thing. 

960
00:54:16,840 --> 00:54:19,720
The thing is there's the word 
democracy doesn't. 

961
00:54:19,840 --> 00:54:22,560
It's not. 
It's nowhere to be seen in the 

962
00:54:22,720 --> 00:54:25,480
US Constitution. 
It's just simply isn't in there.

963
00:54:25,480 --> 00:54:28,760
It's all about property rights 
and your nation. 

964
00:54:28,760 --> 00:54:32,200
I'm sorry, but it has forgotten 
what it's all about. 

965
00:54:32,800 --> 00:54:37,640
It started great, but they 
wanted a minimal state and 

966
00:54:37,640 --> 00:54:41,200
States and their institutions 
grow like cancers and you don't 

967
00:54:41,200 --> 00:54:45,120
get rid of them until you have 
another revolution and the 

968
00:54:45,120 --> 00:54:47,760
revolution is upon you. 
It's called Bitcoin and it's 

969
00:54:48,480 --> 00:54:51,320
it's the most peaceful 1 yet. 
Absolutely. 

970
00:54:51,320 --> 00:54:53,320
I mean, I, dude, you hit the 
nail on the head. 

971
00:54:53,320 --> 00:54:57,320
And I think it, you know, 
Bitcoin has the, the, it's the 

972
00:54:57,320 --> 00:55:01,520
tool that could potentially 
bring America back to its 

973
00:55:01,520 --> 00:55:04,160
founding principles, founding 
values, right. 

974
00:55:04,160 --> 00:55:06,760
And it's completely been 
hijacked and of course since the

975
00:55:06,760 --> 00:55:09,880
establishment of the Federal 
Reserve, which is like the 

976
00:55:09,880 --> 00:55:13,560
feeder for the administrative 
state, the feeder for the state 

977
00:55:13,720 --> 00:55:16,440
in order to fund its operations 
in itself. 

978
00:55:17,160 --> 00:55:19,880
Yeah. 
I I I think that you know it's 

979
00:55:19,880 --> 00:55:22,760
you know we're we're we're not 
we're we're not going to go back

980
00:55:22,760 --> 00:55:25,560
we're we're not going to have 
you know this this freedom that 

981
00:55:25,560 --> 00:55:29,480
we all desire until you know 
people take back that power 

982
00:55:29,480 --> 00:55:32,240
until people really take start 
taking self custody of their 

983
00:55:32,240 --> 00:55:34,680
Bitcoin until the government 
can't debase the currency. 

984
00:55:34,800 --> 00:55:39,800
Anyways we just broke 1000 live 
viewers between YouTube and X 

985
00:55:39,800 --> 00:55:42,680
and another 75 of you guys 
watching us on Rumble. 

986
00:55:42,680 --> 00:55:45,880
So if you guys are enjoying the 
show, enjoying the content, help

987
00:55:45,880 --> 00:55:49,000
us push this message forward. 
Smash the like button. 

988
00:55:49,000 --> 00:55:50,280
We still got the rest of the 
show. 

989
00:55:50,280 --> 00:55:54,560
We got the culture segment left 
up so we can talk to Canute and 

990
00:55:54,560 --> 00:55:56,800
Luke. 
And they, they just released a 

991
00:55:56,800 --> 00:55:59,440
new book and they have this 
awesome show called The Freedom 

992
00:55:59,440 --> 00:56:01,960
Footprint. 
So we still have the rest of the

993
00:56:01,960 --> 00:56:03,840
show for you guys, so stay 
tuned. 

994
00:56:04,000 --> 00:56:06,000
Anyways, I'm going to pass it on
to Luke. 

995
00:56:06,160 --> 00:56:09,440
Luke, I also know that you're 
not American, but what's your 

996
00:56:09,440 --> 00:56:11,760
take on this news, man? 
It's it's crazy. 

997
00:56:11,920 --> 00:56:14,160
You know, if you would have 
talked to Bitcoiners like 15 

998
00:56:14,160 --> 00:56:19,000
years, years ago, you could you 
ever have imagined them like, 

999
00:56:19,000 --> 00:56:23,000
you know, like talking about 
this in the halls of Congress, 

1000
00:56:23,000 --> 00:56:26,040
presidents bringing this up, 
like even though they have no 

1001
00:56:26,040 --> 00:56:28,560
idea what the fuck Bitcoin is, 
you know? 

1002
00:56:28,560 --> 00:56:31,040
But they're it's it's being 
discussed in the political 

1003
00:56:31,040 --> 00:56:33,560
discourse. 
Like if that guy that, you know,

1004
00:56:33,560 --> 00:56:38,200
sold, I mean sold those 10,000 
Bitcoin for two pizzas, knew 

1005
00:56:38,200 --> 00:56:40,920
everything that was happened 
today, I don't think he would 

1006
00:56:40,920 --> 00:56:44,320
have bought those pizzas, man. 
Yeah man yeah. 

1007
00:56:44,320 --> 00:56:48,440
So so and just for for everyone 
who probably isn't aware here. 

1008
00:56:48,560 --> 00:56:51,520
Yeah, I'm I'm I'm from Canada. 
Originally I might have escaped 

1009
00:56:51,520 --> 00:56:54,400
to nice and sunny Finland but 
I'm from I'm from the great 

1010
00:56:54,400 --> 00:56:59,160
white N Canada. 
And yeah, I Canadas had a unique

1011
00:56:59,160 --> 00:57:03,120
problem named Justin Trudeau for
the last 10 years. 

1012
00:57:03,120 --> 00:57:06,080
And so, I mean the political 
situation in both countries, 

1013
00:57:06,080 --> 00:57:09,240
America, Canada, yeah, right now
seems to be at a bit of a 

1014
00:57:09,240 --> 00:57:11,800
turning point. 
Maybe the the world is going to 

1015
00:57:11,800 --> 00:57:14,880
come to its senses a little bit 
and at least get rid of the 

1016
00:57:15,280 --> 00:57:18,240
political party that is more to 
the left than the other. 

1017
00:57:18,320 --> 00:57:21,400
So that might be positive. 
But I mean in terms of the 

1018
00:57:21,400 --> 00:57:24,600
politicization of it it it's 
it's it's funny because I I keep

1019
00:57:24,600 --> 00:57:28,800
hearing arguments that Bitcoin 
isn't supposed to be political 

1020
00:57:29,040 --> 00:57:33,520
but naturally there's one side 
of the aisle that is at least 

1021
00:57:33,520 --> 00:57:39,480
says that they're going to do 
less with government infringe on

1022
00:57:39,480 --> 00:57:42,320
freedoms less right. 
So that would be the the right 

1023
00:57:42,320 --> 00:57:45,360
side of the aisle and in and in 
in the US obviously right now 

1024
00:57:45,360 --> 00:57:49,200
that's that's Trump in Canada 
there's Pierre Poliev and and 

1025
00:57:49,200 --> 00:57:53,280
he's he's actually being at at a
shawarma shop buying Bitcoin up 

1026
00:57:53,280 --> 00:57:57,240
in up in Canada and so that's 
that's pretty good for him shout

1027
00:57:57,240 --> 00:58:01,760
out to Tahinis but yeah I think 
the whole situation with the the

1028
00:58:01,760 --> 00:58:04,880
political spectrum at the moment
it's it's too bad that it's 

1029
00:58:04,880 --> 00:58:06,800
gotten politicized. 
But honestly I think it's a 

1030
00:58:06,800 --> 00:58:10,080
natural consequence of just 
Bitcoin being freedom go up 

1031
00:58:10,080 --> 00:58:14,400
technology and so people who are
more aligned towards freedom are

1032
00:58:14,400 --> 00:58:16,440
going to be the first to adopt 
it. 

1033
00:58:16,800 --> 00:58:21,920
And so in terms of Biden versus 
Trump or in terms of left versus

1034
00:58:21,920 --> 00:58:28,280
right, I mean my hope is that it
all just goes toward empowering 

1035
00:58:28,280 --> 00:58:32,040
people and increasing freedom. 
But in the in the short term, 

1036
00:58:32,040 --> 00:58:35,960
it's it's probably going to be 
good to at least get political 

1037
00:58:35,960 --> 00:58:38,960
parties in that are thinking 
about Bitcoin and who are 

1038
00:58:39,120 --> 00:58:42,680
friendlier towards ideas of of 
freedom and individual 

1039
00:58:42,680 --> 00:58:45,080
sovereignty. 
And I play bass with a pick. 

1040
00:58:45,520 --> 00:58:49,800
A hundred, 100%, Yeah. 
I I think that during, I think 

1041
00:58:49,800 --> 00:58:51,920
we all believe in the theory 
from the sovereign individual 

1042
00:58:51,920 --> 00:58:56,840
right, where over a long enough 
timeline, Bitcoin makes politics

1043
00:58:56,840 --> 00:59:00,320
completely irrelevant. 
But during the transition period

1044
00:59:00,600 --> 00:59:05,560
that's where, you know, like 
unfortunately these politicians 

1045
00:59:05,560 --> 00:59:08,480
can make your life a living hell
if if you live in an anti 

1046
00:59:08,880 --> 00:59:11,160
Bitcoin kind of legislation, can
you it? 

1047
00:59:11,480 --> 00:59:13,320
Yeah. 
Yeah, so much here. 

1048
00:59:13,320 --> 00:59:16,160
And I see so much in the 
comments about Trump being the 

1049
00:59:16,160 --> 00:59:18,960
obvious better choice. 
And he and this and that. 

1050
00:59:19,320 --> 00:59:23,040
And like, are you really sure 
that a pro Bitcoin precedent 

1051
00:59:23,040 --> 00:59:26,320
would be a better than one 
that's against Bitcoin? 

1052
00:59:26,560 --> 00:59:29,880
Because like, the only thing 
that can wake people up is 

1053
00:59:29,880 --> 00:59:33,520
fucking waking up, and people 
aren't gonna run their own nodes

1054
00:59:33,520 --> 00:59:37,360
if they're allowed to run them. 
This is a freedom tool. 

1055
00:59:37,360 --> 00:59:39,800
We need to escape the entire 
fucking matrix. 

1056
00:59:40,520 --> 00:59:47,160
Trump did trade embargoes and he
he gave out $1000 to each U.S. 

1057
00:59:47,160 --> 00:59:50,320
citizen during the lockdowns, 
and the lockdowns was on Trump's

1058
00:59:50,320 --> 00:59:52,000
watch. 
He said call me too. 

1059
00:59:52,320 --> 00:59:55,680
Like, yeah, he prints money just
as much as the next guy. 

1060
00:59:55,880 --> 00:59:58,320
You don't get it. 
You need to escape the entire 

1061
00:59:58,320 --> 01:00:02,080
fucking system, and we all do. 
It doesn't matter where you 

1062
01:00:02,080 --> 01:00:04,080
live. 
You need to break out of this 

1063
01:00:04,080 --> 01:00:06,960
thing and you're not going to do
it by political means. 

1064
01:00:07,000 --> 01:00:10,960
These people are not going to 
save the world. 1. 

1065
01:00:11,440 --> 01:00:15,360
Canoe's an accelerationist. 100%
was about to say that Canoe is 

1066
01:00:15,360 --> 01:00:19,400
on the accelerationist camp. 
And you know that. 

1067
01:00:19,400 --> 01:00:21,080
And that's the thing. 
Like that's one of the things. 

1068
01:00:21,080 --> 01:00:23,480
And and Nolan is making that 
case. 

1069
01:00:23,560 --> 01:00:25,680
Love his show, by the way. 
Break up at 8:00 AM in the 

1070
01:00:25,680 --> 01:00:28,640
morning. 
He makes the case for that as 

1071
01:00:28,640 --> 01:00:30,520
well. 
He makes the case that, you 

1072
01:00:30,520 --> 01:00:33,880
know, let's get a Joe Biden and 
let's get a Trudeau, let's let's

1073
01:00:33,880 --> 01:00:36,760
make things worse so that people
wake the F up. 

1074
01:00:36,760 --> 01:00:38,400
And that's a really, really good
point. 

1075
01:00:38,400 --> 01:00:40,400
Canoe. 
Anyways, Opti, what's your take 

1076
01:00:40,400 --> 01:00:43,680
on this before we get on to the 
culture to talk about what Knute

1077
01:00:43,680 --> 01:00:47,600
and Luke are working on? 
Yeah, so I mean, I not to echo 

1078
01:00:47,600 --> 01:00:50,360
exactly what Knute says, 'cause 
he, he laid it out great. 

1079
01:00:50,400 --> 01:00:54,200
And just going back to like the 
original start of this news 

1080
01:00:54,200 --> 01:00:57,160
story, you know, like, look, I 
like the direction that the 

1081
01:00:57,160 --> 01:00:59,040
political class is taking at 
this point. 

1082
01:00:59,040 --> 01:01:01,640
They realize that it's 
politically unfavorable to be 

1083
01:01:01,640 --> 01:01:05,840
anti Bitcoin. 
And I I just, me and Nico been 

1084
01:01:05,840 --> 01:01:10,040
surprised at how quickly they've
been able to pivot and go 180° 

1085
01:01:10,640 --> 01:01:12,040
against the rhetoric. 
They've been. 

1086
01:01:12,040 --> 01:01:16,560
They've been extolling on us for
a while and now you know it's 

1087
01:01:16,560 --> 01:01:18,560
happening way faster than we 
foresaw. 

1088
01:01:18,560 --> 01:01:22,360
But of course, you know Trump 
using Coinbase, commerce is not 

1089
01:01:22,360 --> 01:01:25,040
the way. 
Like it's absolute trash. 

1090
01:01:25,360 --> 01:01:28,240
But hey, you know baby stamps, 
we can't expect them to get it 

1091
01:01:28,240 --> 01:01:31,160
right all all the way. 
But hey, if you are listening, 

1092
01:01:31,160 --> 01:01:33,960
which we know you do get, you 
know, set up ABDC pay server, 

1093
01:01:33,960 --> 01:01:37,360
that'd be lit like that would 
really get some good favoritism 

1094
01:01:37,360 --> 01:01:42,000
coming out from the bitcoiners. 
But you know also, I guess this 

1095
01:01:42,000 --> 01:01:44,960
is my point here, Nico, and you 
can say what you want, but don't

1096
01:01:44,960 --> 01:01:48,360
send Trump or any politician. 
Your Bitcoin 100%. 

1097
01:01:48,800 --> 01:01:52,200
Not only will it most likely be 
converted back to Fiat 

1098
01:01:52,200 --> 01:01:54,160
instantly, but stack them. 
Sad. 

1099
01:01:54,160 --> 01:01:56,440
It's like this is the point. 
You know you don't need to send 

1100
01:01:56,440 --> 01:01:58,880
them your money, especially 
don't send them Bitcoin. 

1101
01:01:59,320 --> 01:02:02,040
Everyone's a scammer and of 
course they want your Bitcoin. 

1102
01:02:02,040 --> 01:02:03,480
It's the best way to store your 
values. 

1103
01:02:03,480 --> 01:02:06,080
So I love it. 
But one of the things that I was

1104
01:02:06,080 --> 01:02:09,880
thinking why the that Trump news
story was going on is the the 

1105
01:02:09,880 --> 01:02:11,720
classic floodline or the meme of
like. 

1106
01:02:11,720 --> 01:02:14,520
But bro like Bitcoin. 
Is it money because no one 

1107
01:02:14,520 --> 01:02:17,480
accepts it bro like it falling 
flat on its face. 

1108
01:02:17,520 --> 01:02:20,680
Obviously the technicalities 
here aren't perfect, but hey, 

1109
01:02:20,680 --> 01:02:22,960
now we have presidential 
candidates taking Bitcoin. 

1110
01:02:22,960 --> 01:02:24,840
Like it sounds like money to me,
guys. 

1111
01:02:24,840 --> 01:02:28,400
I don't know, maybe, maybe I'm 
biased here, but it sounds like 

1112
01:02:28,400 --> 01:02:31,080
people want your Bitcoin. 
He's not, though. 

1113
01:02:31,320 --> 01:02:34,120
He's not taking Bitcoin. 
He's fucking Coinbase. 

1114
01:02:35,200 --> 01:02:38,840
The only the only politician 
that makes sense to me is Javier

1115
01:02:38,840 --> 01:02:43,400
Miley in Argentina. 
He's the only one that speaks my

1116
01:02:43,400 --> 01:02:45,760
language. 
I don't trust him either. 

1117
01:02:45,880 --> 01:02:48,840
I don't trust any politician, 
but at least he's got the 

1118
01:02:48,840 --> 01:02:53,560
fucking freedom thing right. 
100% And then last point Nico, 

1119
01:02:53,560 --> 01:02:55,800
before we move on to the culture
so we can get some time. 

1120
01:02:56,400 --> 01:02:59,840
Did you see the CNBC headline 
this morning about Trump being 

1121
01:02:59,840 --> 01:03:02,600
pro Bitcoin and creating a pro 
Bitcoin army? 

1122
01:03:02,800 --> 01:03:05,680
I just love the rhetoric coming 
out of this, especially when you

1123
01:03:05,680 --> 01:03:09,640
compare it to Elizabeth Warren's
anti Bitcoin anti crypto army. 

1124
01:03:09,840 --> 01:03:12,320
It's just hilarious that they're
they're they're having to 

1125
01:03:12,320 --> 01:03:15,160
partake in the Bitcoin memes to 
succeed. 

1126
01:03:15,160 --> 01:03:17,520
I it's our meme world. 
Everyone else is just living in 

1127
01:03:17,520 --> 01:03:18,680
it. 
And last point, I don't know 

1128
01:03:18,680 --> 01:03:22,840
much about Tom Emmer, but I 
love, I love what he's saying. 

1129
01:03:22,840 --> 01:03:25,440
I he's great. 
Every everything that I've seen 

1130
01:03:25,440 --> 01:03:28,440
and heard from him recently has 
been absolutely on point. 

1131
01:03:28,440 --> 01:03:29,960
We need more politicians like 
that. 

1132
01:03:30,160 --> 01:03:32,840
Absolutely. 
I I I think, I think we need to 

1133
01:03:33,000 --> 01:03:36,600
move to a world, accelerate to a
world where we don't need 

1134
01:03:36,600 --> 01:03:41,160
politicians at all. 
And I think Bitcoin is going to 

1135
01:03:41,160 --> 01:03:43,240
enable that. 
But there is going to be a 

1136
01:03:43,240 --> 01:03:46,520
little transitionary period, 
which is definitely what we're 

1137
01:03:46,520 --> 01:03:48,520
living through these days 
anyways. 

1138
01:03:48,520 --> 01:03:51,200
I do want to give a very small 
shout out to our sponsor, the 

1139
01:03:51,200 --> 01:03:54,720
Orange Pilot, before we go on to
the culture guys Stack friends 

1140
01:03:54,720 --> 01:03:57,160
who stacks. 
That's the Orange pilot is the 

1141
01:03:57,320 --> 01:04:00,720
Bitcoin social layer. 
Find local bitcoiners, events 

1142
01:04:00,720 --> 01:04:05,520
and merchants near you. 
Join the 10,485 bit 85 bit 

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01:04:05,520 --> 01:04:08,000
coiners that are currently on 
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It has a really cool 
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01:04:10,640 --> 01:04:13,600
let you let you see what 
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So if you're traveling, you move
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1147
01:04:15,920 --> 01:04:18,240
You can open up the Orange 
Pilot, but it'll literally tell 

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01:04:18,240 --> 01:04:19,800
you the bitcoiners that are near
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1149
01:04:19,800 --> 01:04:22,440
You can send them a message. 
It also has a really clever 

1150
01:04:22,440 --> 01:04:25,880
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1151
01:04:25,880 --> 01:04:27,640
the app. 
You won't be getting messages 

1152
01:04:27,640 --> 01:04:30,280
like if you send me one Bitcoin,
I'll send you 2. 

1153
01:04:30,680 --> 01:04:33,040
It's a great way to reach me 
directly. 

1154
01:04:33,040 --> 01:04:35,680
I take the time to answer every 
single one of you guys. 

1155
01:04:35,680 --> 01:04:38,320
So if you guys want to reach me 
directly, download the Orange 

1156
01:04:38,320 --> 01:04:40,800
pull up. 
You can send me ADMI know Canute

1157
01:04:40,800 --> 01:04:42,440
is on the orange pull up as 
well. 

1158
01:04:42,600 --> 01:04:45,960
Opti is on the orange pull up. 
So guys, it's probably a good 

1159
01:04:45,960 --> 01:04:48,920
idea to build up that Bitcoin or
Rolodex because bit corners are 

1160
01:04:48,920 --> 01:04:51,200
going to be some of the most 
powerful, influential people in 

1161
01:04:51,200 --> 01:04:54,600
the next 5 to 10 years. 
So you can scan the QR code or 

1162
01:04:54,600 --> 01:04:56,440
check the link in the video 
description. 

1163
01:04:56,640 --> 01:04:58,280
Download the orange pull up 
today. 

1164
01:04:58,440 --> 01:05:00,280
All right everybody, let's get 
on to the culture. 

1165
01:05:00,280 --> 01:05:11,400
Here we go go the daily culture.
I want to give a shout out to 

1166
01:05:11,400 --> 01:05:15,120
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They're the most trusted place 

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1186
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Check out Kaboom Racks today. 

1187
01:06:17,360 --> 01:06:19,720
All right, ladies and gentlemen,
we're going to finally 

1188
01:06:19,720 --> 01:06:23,040
transition to talk to these two 
legends right here. 

1189
01:06:23,160 --> 01:06:27,280
Canutes van Holm, the author of 
some of my favorite Bitcoin 

1190
01:06:27,280 --> 01:06:29,280
books. 
And of course, Luke the Wolf. 

1191
01:06:29,480 --> 01:06:34,480
And they have a awesome Bitcoin 
show currently currently on 

1192
01:06:34,480 --> 01:06:36,640
YouTube. 
I believe it's called the 

1193
01:06:36,640 --> 01:06:39,440
Freedom Footprint. 
Huge fan of it. 

1194
01:06:39,440 --> 01:06:41,200
They've done some incredible 
interviews. 

1195
01:06:41,200 --> 01:06:43,760
So guys, it's an absolute honor 
to have you guys on the show 

1196
01:06:43,760 --> 01:06:45,360
today. 
How you guys doing? 

1197
01:06:47,560 --> 01:06:51,720
How do you think we're? 
Having a blast, you translate to

1198
01:06:51,720 --> 01:06:55,360
Canute. 
I I can't, I can't tell. 

1199
01:06:55,600 --> 01:06:59,560
I can't tell the the, the, the 
Nordic stoic answers. 

1200
01:07:01,560 --> 01:07:02,880
That means he's having a good 
time. 

1201
01:07:03,200 --> 01:07:06,280
I live by the motto If they're 
happy, I'm happy. 

1202
01:07:06,360 --> 01:07:12,080
If they're not happy, I'm happy.
Anyways, I'm going to pass it on

1203
01:07:12,080 --> 01:07:13,440
to Opti. 
Opti we have. 

1204
01:07:13,520 --> 01:07:16,120
I'm excited, man. 
Yeah, that's gonna be great. 

1205
01:07:16,120 --> 01:07:18,680
So we'll talk about freedom, 
footprint at the tail end of the

1206
01:07:18,680 --> 01:07:20,920
culture. 
But what we really want to talk 

1207
01:07:20,920 --> 01:07:24,080
about is your guys's latest 
release, a new book, and 

1208
01:07:24,080 --> 01:07:26,920
everyone in the chat said this 
is the best meme. 

1209
01:07:26,920 --> 01:07:29,840
Coming out of today's show is 
the new title of your book 

1210
01:07:29,840 --> 01:07:32,120
Bitcoin the The Inverse of Clown
World. 

1211
01:07:32,360 --> 01:07:34,640
So I don't know who who wants to
take this? 

1212
01:07:34,640 --> 01:07:37,160
You guys can talk about what is 
this book based on? 

1213
01:07:37,160 --> 01:07:39,520
Obviously, I think we can tell. 
I think we can tell. 

1214
01:07:39,640 --> 01:07:42,400
I could play this video if you 
want whatever you guys want to 

1215
01:07:42,400 --> 01:07:45,120
do. 
The video's a bit alone. 

1216
01:07:45,280 --> 01:07:46,840
But yeah, I give you a. 
Couple minutes. 

1217
01:07:48,080 --> 01:07:49,560
Sure. 
OK, cool. 

1218
01:07:49,560 --> 01:07:53,120
Let's we'll play a first one. 
Of Michael Jackson. 

1219
01:07:55,920 --> 01:07:59,320
If you want to make the world a 
better place, take a look at 

1220
01:07:59,320 --> 01:08:05,760
yourself and then make a change 
lies a profound call to action 

1221
01:08:06,120 --> 01:08:09,560
that resonates deeply within the
hearts of those of us who dare 

1222
01:08:09,560 --> 01:08:20,800
to dream of a better tomorrow. 
This timeless nugget of wisdom 

1223
01:08:20,800 --> 01:08:25,160
encapsulates the essence of 
personal transformation and its 

1224
01:08:25,160 --> 01:08:28,520
ripple effect on the societal 
fabric surrounding us. 

1225
01:08:30,760 --> 01:08:35,120
A journey of introspection and 
self improvement is not just an 

1226
01:08:35,160 --> 01:08:40,000
act of personal fulfilment, but 
a pivotal step towards enacting 

1227
01:08:40,000 --> 01:08:44,080
broader, meaningful change in 
our interconnected world. 

1228
01:08:45,080 --> 01:08:47,840
Have you ever found yourself 
lost in the labyrinth of 

1229
01:08:47,840 --> 01:08:52,600
existential questions? 
Questions like why are we here? 

1230
01:08:52,920 --> 01:08:56,279
What is the purpose of life? 
How many skateboarders does it 

1231
01:08:56,279 --> 01:09:00,399
take to screw in a light bulb? 
These questions invite us to 

1232
01:09:00,399 --> 01:09:04,120
contemplate our existence and 
the mysteries surrounding our 

1233
01:09:04,120 --> 01:09:06,760
being. 
For the curious, the follow up 

1234
01:09:06,760 --> 01:09:11,640
question wait, But why? 
Soon emerges as a constant 

1235
01:09:11,640 --> 01:09:14,640
companion in our quest for 
understanding. 

1236
01:09:15,600 --> 01:09:20,240
Our inherent curiosity propels 
us to challenge the conventional

1237
01:09:20,600 --> 01:09:25,120
to look beyond the surface and 
to seek truths hidden beneath 

1238
01:09:25,160 --> 01:09:30,600
the veneer of societal norms. 
As humans, we constantly strive 

1239
01:09:30,840 --> 01:09:35,000
for coherence and meaning. 
We have constructed elaborate 

1240
01:09:35,000 --> 01:09:38,640
narratives and frameworks to 
make sense of our surroundings, 

1241
01:09:38,920 --> 01:09:42,439
and we act like these constructs
are immutable truths. 

1242
01:09:43,840 --> 01:09:47,800
Yet reality is far more fluid. 
Even when faced with 

1243
01:09:47,880 --> 01:09:52,319
overwhelming evidence, we find 
it challenging to accept novel 

1244
01:09:52,319 --> 01:09:55,320
ideas. 
The process of updating 

1245
01:09:55,320 --> 01:09:59,640
conventional wisdom is slow and 
often comes with a lag, 

1246
01:10:00,960 --> 01:10:02,880
regardless of what we think 
about them. 

1247
01:10:03,160 --> 01:10:06,160
New scientific insights and 
shifts in our technological 

1248
01:10:06,160 --> 01:10:09,320
landscape challenge our 
perceptions. 

1249
01:10:10,400 --> 01:10:12,160
Yeah. 
Great, Great, great, great. 

1250
01:10:12,440 --> 01:10:14,880
Yeah, you can. 
You can go watch the whole video

1251
01:10:14,880 --> 01:10:16,040
on. 
I'll drop it in the chat for 

1252
01:10:16,040 --> 01:10:19,440
everyone. 
Yeah, the the animator is called

1253
01:10:19,440 --> 01:10:22,280
Yoni Appelberg and you may know 
him from my earlier 

1254
01:10:22,280 --> 01:10:26,960
collaborations with him, 
especially the Everything 

1255
01:10:26,960 --> 01:10:30,760
Divided by 21 million video 
which created this meme here. 

1256
01:10:31,160 --> 01:10:33,520
So. 
So we're very happy to announce 

1257
01:10:33,520 --> 01:10:37,440
that we're releasing the book on
Bitcoin Infinity Day, August 

1258
01:10:37,440 --> 01:10:42,640
21st this year. 
And me and Luke will be in Riga 

1259
01:10:42,640 --> 01:10:46,600
for Baltic Honey Badger and the 
new Day for Baltic Honey Badger 

1260
01:10:46,600 --> 01:10:49,080
and Nost Riga is also starting 
there. 

1261
01:10:49,080 --> 01:10:52,440
So the Noster conference starts 
we'll be throwing an Infinity 

1262
01:10:52,440 --> 01:10:56,160
day party. 
There will be a dinner with 21 

1263
01:10:56,160 --> 01:10:59,480
guests and all of this. 
So we're we're we're doing this 

1264
01:10:59,480 --> 01:11:04,120
with a bang and the the biggest 
news may be that the the the 

1265
01:11:04,120 --> 01:11:09,880
entire book will be turned into 
a Yoni style animation series. 

1266
01:11:10,280 --> 01:11:14,520
So you will be able to watch the
entire thing on on YouTube 

1267
01:11:16,360 --> 01:11:20,880
throughout the year because you 
only we have to give Yoni some 

1268
01:11:20,880 --> 01:11:22,920
time to actually do the 
animation. 

1269
01:11:23,520 --> 01:11:27,520
But yeah, the plan is to have 
Guy narrate and you only do the 

1270
01:11:27,520 --> 01:11:30,720
videos. 
Yeah, you can never predict the 

1271
01:11:30,720 --> 01:11:34,760
future to 100% accuracy, but 
that's the plan anyway. 

1272
01:11:34,760 --> 01:11:40,560
And the book is about 95% done I
would say or between 90 and 95% 

1273
01:11:40,560 --> 01:11:42,880
done. 
And we've had loads of fun doing

1274
01:11:42,880 --> 01:11:45,200
it. 
It's very much inspired by the 

1275
01:11:45,200 --> 01:11:49,280
conversations we've had on the 
Freedom Footprint show the last 

1276
01:11:49,440 --> 01:11:51,760
two years. 
And yeah, over to Louie. 

1277
01:11:51,960 --> 01:11:55,560
You, Luke, you maybe you can 
tell your story here and the 

1278
01:11:55,560 --> 01:12:01,160
story about the show, Yeah. 
Yeah, well just just what Knute 

1279
01:12:01,160 --> 01:12:02,760
is saying. 
I mean the The Freedom Footprint

1280
01:12:02,760 --> 01:12:06,760
show is is our little podcast. 
That is is really how I got 

1281
01:12:06,760 --> 01:12:08,640
connected with Knute in the 1st 
place. 

1282
01:12:08,640 --> 01:12:11,400
I was I was just looking to 
contribute to the community and 

1283
01:12:11,400 --> 01:12:15,760
we got connected through Knute's
publisher at the the time and 

1284
01:12:15,760 --> 01:12:18,840
they they just wanted to start a
podcast and and I'd been doing 

1285
01:12:18,840 --> 01:12:22,200
some podcasting before before I 
got into Bitcoin and one thing 

1286
01:12:22,200 --> 01:12:25,440
led to another and we started 
making the show and it it's just

1287
01:12:25,440 --> 01:12:28,720
been awesome and we've we've 
been focusing on this idea of 

1288
01:12:28,720 --> 01:12:31,560
the freedom footprint expand 
your freedom footprint as 

1289
01:12:31,560 --> 01:12:35,240
opposed to you know your carbon 
footprint But the the the whole 

1290
01:12:35,240 --> 01:12:38,440
idea of the show is is just to 
explore Bitcoin and other 

1291
01:12:38,520 --> 01:12:42,000
freedom go up technologies and 
and we really try and dig deep 

1292
01:12:42,000 --> 01:12:45,760
into those ideas you know and 
and So what that's brought out 

1293
01:12:45,760 --> 01:12:49,600
is this this book and of course 
the the everything divided by 21

1294
01:12:49,600 --> 01:12:53,520
million meme is is is timeless 
But then the the thing that 

1295
01:12:53,520 --> 01:12:56,560
started to come up over and over
again is that Bitcoin is also 

1296
01:12:56,720 --> 01:13:00,000
the inverse of clown world. 
It inverts clown world. 

1297
01:13:00,000 --> 01:13:04,560
And so the book is going to talk
about how Bitcoin is the thing 

1298
01:13:04,560 --> 01:13:06,760
that is going to be the solution
to clown world. 

1299
01:13:06,760 --> 01:13:08,600
But there's a there's a twist 
though. 

1300
01:13:09,040 --> 01:13:12,400
And so I I invite you to watch 
the the whole video because it's

1301
01:13:12,400 --> 01:13:14,240
going to get to a bit of a 
point. 

1302
01:13:14,240 --> 01:13:17,400
And then what we're going to 
reveal through the book is maybe

1303
01:13:17,400 --> 01:13:21,960
that Bitcoin actually changes 
you and maybe you're the one 

1304
01:13:22,080 --> 01:13:24,720
that inverts clown world. 
And so that's the the whole 

1305
01:13:24,720 --> 01:13:26,800
idea. 
So I'm, I'm super thrilled to be

1306
01:13:26,800 --> 01:13:28,720
a part of this, this whole 
process. 

1307
01:13:28,720 --> 01:13:31,280
Never could have imagined it 
even a couple of years ago here.

1308
01:13:31,280 --> 01:13:33,240
But yeah, that's that's the 
book. 

1309
01:13:33,240 --> 01:13:35,520
And so I, I, I know I can speak 
for Knute on this. 

1310
01:13:35,520 --> 01:13:36,840
We're both super excited for it,
so. 

1311
01:13:36,960 --> 01:13:38,480
You buried the lead there a 
little bit. 

1312
01:13:38,480 --> 01:13:40,000
You buried the lead there all 
right. 

1313
01:13:40,000 --> 01:13:45,000
And the the part that I want to 
focus on is, you know, you don't

1314
01:13:45,000 --> 01:13:46,600
change Bitcoin. 
Bitcoin changes you. 

1315
01:13:47,120 --> 01:13:50,960
And you know I've been, it's my 
eighth year to can't believe I'm

1316
01:13:50,960 --> 01:13:54,520
saying this, you know down the 
Bitcoin rabbit hole. 

1317
01:13:55,000 --> 01:14:00,600
And I've it's not only helped me
financially obviously, but I 

1318
01:14:00,600 --> 01:14:05,040
would even say that it's helped 
me on on a much deeper level. 

1319
01:14:05,920 --> 01:14:12,240
I feel like I'm more have a have
a my my my perception of reality

1320
01:14:12,240 --> 01:14:17,560
is more anchored on the truth 
than as if I were living on a 

1321
01:14:17,560 --> 01:14:21,680
Fiat standard. 
So I completely, fundamentally 

1322
01:14:21,680 --> 01:14:27,200
agree with you and SPS in the 
chat saying Opti changes you. 

1323
01:14:27,560 --> 01:14:34,160
Well, yeah, maybe Knute. 
So could you you wanna elaborate

1324
01:14:34,160 --> 01:14:35,640
a little bit? 
You wanna talk about that 'cause

1325
01:14:35,640 --> 01:14:38,840
I I think that's such a very 
it's a fascinating point that I 

1326
01:14:38,840 --> 01:14:42,520
think a lot of people, they 
don't understand how how much 

1327
01:14:42,520 --> 01:14:45,640
Bitcoin fundamentally changes 
you the moment you adopt A sound

1328
01:14:45,640 --> 01:14:47,320
money standard. 
No. 

1329
01:14:47,320 --> 01:14:50,320
And if you if you read the 
entire book, you'll understand 

1330
01:14:50,320 --> 01:14:53,160
why Bitcoin changes you. 
And if you watch the entire 

1331
01:14:53,160 --> 01:14:57,000
trailer, you'll you'll get the 
answer to how many skateboarders

1332
01:14:57,000 --> 01:14:59,280
it takes to screw in a light 
bulb as well. 

1333
01:14:59,680 --> 01:15:03,280
But like this, this book is 
about introspection and self 

1334
01:15:03,280 --> 01:15:08,200
improvement and how Bitcoin is 
self improvement that that's 

1335
01:15:08,200 --> 01:15:13,560
literally what it is and used 
properly, it can emancipate you 

1336
01:15:13,600 --> 01:15:15,760
and it can turn you into a 
better human being. 

1337
01:15:15,880 --> 01:15:20,440
And I 100% believe that. 
And I know you three do too. 

1338
01:15:20,480 --> 01:15:24,840
So we just want more people to 
come on board this wonderful 

1339
01:15:24,840 --> 01:15:32,960
train and escape clown world. 
Absolutely man, 100% Anyways, 

1340
01:15:32,960 --> 01:15:34,200
Opti, I see you have something 
pulled up. 

1341
01:15:34,360 --> 01:15:40,040
Yeah so I got your website up 
here freedomfootprintshow.com 

1342
01:15:40,520 --> 01:15:45,240
and as AII guess a a philosopher
by trade. 

1343
01:15:45,240 --> 01:15:46,720
I I got a Bachelor's in 
philosophy. 

1344
01:15:46,720 --> 01:15:50,440
I really love your your tagline 
here Bitcoin philosophy podcast 

1345
01:15:50,760 --> 01:15:54,040
and I I've written down a few 
notes on myself what the Bitcoin

1346
01:15:54,040 --> 01:15:56,920
philosophy is to me personally 
and I've been meaning to like 

1347
01:15:56,920 --> 01:16:01,240
write something on on that on 
that topic I but I only have it 

1348
01:16:01,240 --> 01:16:03,120
in outline. 
So I want to ask you guys, what 

1349
01:16:03,120 --> 01:16:05,200
do you think is the Bitcoin 
philosophy? 

1350
01:16:07,400 --> 01:16:12,480
I think there's no one single 
answer to that question but 

1351
01:16:12,560 --> 01:16:16,120
Bitcoin. 
Like in order to really 

1352
01:16:16,160 --> 01:16:19,000
understand Bitcoin, you must 
first understand the problem it 

1353
01:16:19,000 --> 01:16:23,920
solves and that that in itself 
sends you down so many rabbit 

1354
01:16:23,920 --> 01:16:29,080
holes and so many philosophical 
dilemmas that you never thought 

1355
01:16:29,080 --> 01:16:31,120
of before. 
So. 

1356
01:16:31,240 --> 01:16:35,920
So I think it's like the best 
way to to to to trigger those in

1357
01:16:35,920 --> 01:16:40,840
people is to start asking really
simple questions like why do we 

1358
01:16:40,840 --> 01:16:44,760
pay taxes if they can print 
money or why do people in the 

1359
01:16:44,760 --> 01:16:51,400
public sector pay taxes And why 
if you practice something, if a 

1360
01:16:51,400 --> 01:16:55,840
person practices doing 
something, do they become better

1361
01:16:55,840 --> 01:16:59,720
or worse at that something? 
And the answer is obviously they

1362
01:16:59,720 --> 01:17:01,240
get better at doing that 
something. 

1363
01:17:01,680 --> 01:17:06,320
The follow up question to that 
is yeah, so why are prices going

1364
01:17:06,320 --> 01:17:10,480
up? 
Why if we get better at doing 

1365
01:17:10,480 --> 01:17:14,240
stuff, why do prices go up? 
And the only answer is because 

1366
01:17:14,240 --> 01:17:17,240
the money is broken. 
So, and that's what Bitcoin 

1367
01:17:17,240 --> 01:17:20,040
fixes. 
And by extension, that fixes 

1368
01:17:20,040 --> 01:17:23,040
everything. 
That's a very extremist 

1369
01:17:23,360 --> 01:17:27,680
perspective, Canute. 
That yeah, but I am an extremist

1370
01:17:29,520 --> 01:17:35,640
according according to others. 
Like I view non violence as what

1371
01:17:35,640 --> 01:17:39,840
should be the norm and then you 
have politics all to the left of

1372
01:17:39,840 --> 01:17:42,200
that. 
It's just different grades of 

1373
01:17:42,200 --> 01:17:46,720
hell basically. 
And the the less coercion you 

1374
01:17:46,720 --> 01:17:51,360
have in society, the better. 
Bitcoin makes it less profitable

1375
01:17:51,360 --> 01:17:55,960
to coerce people into behaviors,
and that's just the greatest 

1376
01:17:55,960 --> 01:17:58,240
thing ever. 
It's a greatest tool for peace 

1377
01:17:58,240 --> 01:18:00,800
ever discovered. 
Love it, love it. 

1378
01:18:00,800 --> 01:18:02,760
Luke, I I'll ask you the same 
question. 

1379
01:18:02,760 --> 01:18:04,080
What? 
What is your thoughts on this 

1380
01:18:04,080 --> 01:18:07,200
topic? 
Well again, and and this isn't a

1381
01:18:07,200 --> 01:18:11,280
cop out exactly, but it it is up
to the individual to decide what

1382
01:18:11,280 --> 01:18:14,560
is the philosophy of Bitcoin. 
But I'll tell you for for me, 

1383
01:18:14,880 --> 01:18:18,560
the way I got into Bitcoin was 
through a different rabbit hole.

1384
01:18:18,800 --> 01:18:22,240
I first fell down the Jordan 
Peterson rabbit hole a few years

1385
01:18:22,240 --> 01:18:26,320
before I found Bitcoin. 
And it really helped me to find 

1386
01:18:26,320 --> 01:18:32,000
Bitcoin by by watching guys like
Rob Breedlove go on, you know 

1387
01:18:32,000 --> 01:18:35,240
Lex Friedman and other guys like
that and and talk about Bitcoin 

1388
01:18:35,240 --> 01:18:40,560
through a lens of the philosophy
of find meaning in life and find

1389
01:18:40,560 --> 01:18:46,440
the the the way that the world 
makes sense based on how we 

1390
01:18:46,440 --> 01:18:51,040
think and how of course commute 
with this cactus. 

1391
01:18:51,040 --> 01:18:54,840
Yeah, but yeah. 
Yeah and and and so. 

1392
01:18:54,840 --> 01:18:59,920
So the angle that I came at 
Bitcoin was basically inserting 

1393
01:18:59,920 --> 01:19:04,360
Bitcoin into this philosophy of 
finding personal meaning and 

1394
01:19:04,360 --> 01:19:07,640
taking responsibility. 
And that's what resonated for me

1395
01:19:07,640 --> 01:19:10,640
with everything that doctor 
Jordan Peterson was was talking 

1396
01:19:10,640 --> 01:19:13,160
about. 
And now actually I I've been 

1397
01:19:13,160 --> 01:19:16,440
doing it a series now with with 
Rob Breedlove on on his channel 

1398
01:19:17,120 --> 01:19:19,400
about Jordan Peterson's maps of 
meaning. 

1399
01:19:19,400 --> 01:19:22,720
So we're up to episode 10 or 11 
now something like that deep 

1400
01:19:22,720 --> 01:19:25,560
dive into that book. 
And I mean, everyone's got their

1401
01:19:25,560 --> 01:19:28,960
own background and and 
philosophy and their their own 

1402
01:19:28,960 --> 01:19:32,920
take on Bitcoin, But what I just
encourage is to to find the 

1403
01:19:32,920 --> 01:19:36,920
highest good that you can 
conceive of and put everything 

1404
01:19:36,920 --> 01:19:40,080
into that. 
This is what makes heroes, this 

1405
01:19:40,080 --> 01:19:43,480
is what makes saviors. 
And this is the Bitcoin rabbit 

1406
01:19:43,480 --> 01:19:46,000
hole for me. 
Every Bitcoin, every, every dive

1407
01:19:46,000 --> 01:19:48,400
down the Bitcoin rabbit hole is 
a shamanic journey. 

1408
01:19:48,600 --> 01:19:52,040
And every and every time you 
come out of that, you'd become 

1409
01:19:52,040 --> 01:19:54,800
the hero and you become the 
savior all at the same time. 

1410
01:19:54,960 --> 01:19:55,640
Oh. 
Bars. 

1411
01:19:55,640 --> 01:19:57,000
That's some bars right there, 
yeah. 

1412
01:19:57,040 --> 01:20:03,400
That cool motherfucking boy. 
Also we got a a caller coming 

1413
01:20:03,400 --> 01:20:08,600
and joining us on the show and 
he he has some issues with what 

1414
01:20:08,600 --> 01:20:12,360
Canute was saying. 
Canute do you? 

1415
01:20:12,360 --> 01:20:14,320
Do you have any? 
Do you have any thoughts? 

1416
01:20:15,600 --> 01:20:19,880
Yes, exactly what of what I said
does he have an issue with? 

1417
01:20:21,400 --> 01:20:30,520
You obviously don't trust me. 
Look, you see, I I don't believe

1418
01:20:30,520 --> 01:20:36,280
people are evil. 
Not even Yuval. 

1419
01:20:36,280 --> 01:20:38,920
I think he thinks that he's 
doing good. 

1420
01:20:39,080 --> 01:20:43,400
I I just think the incentives of
the system he's living in is 

1421
01:20:43,400 --> 01:20:48,280
making him do evil things. 
And and I think that's very 

1422
01:20:48,280 --> 01:20:52,720
unfortunate and whatever it's 
the chicken and the egg problem,

1423
01:20:52,720 --> 01:20:57,000
the what came first, the evil or
the system that created it, I 

1424
01:20:57,000 --> 01:21:00,720
don't know. 
But we're living in times where 

1425
01:21:00,720 --> 01:21:04,720
where it's OK for people to take
other people's stuff and people 

1426
01:21:04,720 --> 01:21:09,400
think that's morally justified. 
And only when you realize that 

1427
01:21:09,520 --> 01:21:12,960
that is can never be morally 
justified can you can you truly 

1428
01:21:12,960 --> 01:21:18,560
understand Bitcoin, I think. 
100% and that's such a that is 

1429
01:21:18,560 --> 01:21:23,520
such a a key point right this 
this system because it's it's 

1430
01:21:23,520 --> 01:21:27,520
not only like you could make the
case direct taxation you can 

1431
01:21:27,520 --> 01:21:30,360
make the case property taxes 
like you never really own 

1432
01:21:30,360 --> 01:21:32,600
anything you're always kind of 
paying rent to the government. 

1433
01:21:33,080 --> 01:21:39,200
But I think the the very essence
of Fiat is is based on theft. 

1434
01:21:39,200 --> 01:21:41,840
Like, you know, they debase the 
currency. 

1435
01:21:41,840 --> 01:21:45,920
It is literally stealing your 
your energy, your your your life

1436
01:21:45,920 --> 01:21:49,560
force, your savings. 
And it does it through this very

1437
01:21:49,560 --> 01:21:54,280
clever mechanism where people 
are just convinced that it's the

1438
01:21:54,280 --> 01:21:57,720
opposing party, the opposing 
political party that is the 

1439
01:21:57,720 --> 01:22:01,560
cause of all their economic 
hardships, all their woes that 

1440
01:22:01,560 --> 01:22:04,240
they're enduring. 
And they have this clever divide

1441
01:22:04,240 --> 01:22:09,200
and conquer strategy, which is 
clearly it's working right, 

1442
01:22:09,720 --> 01:22:12,480
where they're getting people 
distracted on these things that 

1443
01:22:12,480 --> 01:22:16,000
have absolutely no impact on 
their life. 

1444
01:22:16,600 --> 01:22:19,000
So they can just keep on 
printing money. 

1445
01:22:19,000 --> 01:22:23,560
And regardless of the political 
party that's in power, they both

1446
01:22:23,560 --> 01:22:27,560
do essentially the same thing. 
I think those comments on Trump 

1447
01:22:27,560 --> 01:22:32,640
that you said earlier can you 
were spot on right about the you

1448
01:22:32,640 --> 01:22:36,480
know the the the the stimulus 
checks that he sent. 

1449
01:22:37,240 --> 01:22:39,160
You know the the the printing of
money. 

1450
01:22:39,440 --> 01:22:44,040
So you know it's it's it's it's 
it's one of those things. 

1451
01:22:44,200 --> 01:22:45,920
What I got to say is Bitcoin 
fixes this. 

1452
01:22:45,960 --> 01:22:48,600
Bitcoin fixes this. 
The more people adopt A Bitcoin 

1453
01:22:48,600 --> 01:22:52,760
standard, the more people that 
you know unplug from the Fiat 

1454
01:22:52,760 --> 01:22:54,440
matrix. 
I think it's going to make the 

1455
01:22:54,440 --> 01:22:58,920
world a much better place and it
and over time hopefully it ends 

1456
01:22:58,920 --> 01:23:02,240
the clown world all together. 
But I think as as as long as 

1457
01:23:02,240 --> 01:23:06,320
people live on a Fiat standard 
clown world will persist. 

1458
01:23:06,480 --> 01:23:10,160
I think clown world is a symptom
of Fiat itself. 

1459
01:23:12,040 --> 01:23:17,600
It clearly is, and this book 
will explain why and how things 

1460
01:23:17,600 --> 01:23:20,800
are connected. 
So we're very excited for it and

1461
01:23:21,000 --> 01:23:23,640
we're having loads of fun. 
Even though it's hard work we're

1462
01:23:23,640 --> 01:23:27,440
having having loads of fun 
making it and bouncing ideas off

1463
01:23:27,440 --> 01:23:31,280
of one another and and trying to
make each section as good as it 

1464
01:23:31,280 --> 01:23:33,360
possibly can be. 
Well, I'm. 

1465
01:23:33,360 --> 01:23:34,880
I'm really looking forward to 
it. 

1466
01:23:35,120 --> 01:23:39,480
Where can people stay updated if
they're interested in the book? 

1467
01:23:39,480 --> 01:23:41,560
Like where? 
Where can people purchase a 

1468
01:23:41,560 --> 01:23:43,280
copy? 
Where can they see it? 

1469
01:23:43,280 --> 01:23:46,800
Where can people stay updated on
the development and the release 

1470
01:23:46,800 --> 01:23:50,040
of this? 
Well, you can follow the Freedom

1471
01:23:50,040 --> 01:23:52,680
Footprint Show on wherever we 
are. 

1472
01:23:54,320 --> 01:23:58,520
And you can follow me and Luke 
and the Freedom Footprint Show 

1473
01:23:58,520 --> 01:24:01,360
on X. 
Just kidding. 

1474
01:24:01,360 --> 01:24:06,000
On Twitter and and on Noster. 
So we're on Twitter and on 

1475
01:24:06,000 --> 01:24:12,960
Oster, that's our main platforms
and we're on whatever podcasts 

1476
01:24:12,960 --> 01:24:18,560
platforms you prefer to use, 
including once where you can SAP

1477
01:24:18,560 --> 01:24:22,640
people if you're still allowed 
to do that in the US So you can 

1478
01:24:23,160 --> 01:24:24,880
follow us on Fountain, for 
instance. 

1479
01:24:26,120 --> 01:24:27,760
Yeah. 
And we'll, we'll talk about the 

1480
01:24:27,760 --> 01:24:30,720
book on the show. 
You can also follow Yoni 

1481
01:24:30,720 --> 01:24:35,360
Appelberg's YouTube channel 
because that that's where they 

1482
01:24:35,360 --> 01:24:41,760
will post the videos and his his
other videos are just gorgeous 

1483
01:24:41,760 --> 01:24:43,440
and fantastic. 
So if you're if you're not 

1484
01:24:43,440 --> 01:24:47,000
following Yoni Appelberg, you 
should I I will write his name 

1485
01:24:47,000 --> 01:24:50,080
in the chats here. 
Love it, Huenigo. 

1486
01:24:50,080 --> 01:24:54,200
Before we go, let's do what is 
the last message you want to 

1487
01:24:54,200 --> 01:24:56,200
leave with the audience. 
And we'll start with Luke. 

1488
01:24:58,200 --> 01:25:00,680
Last messages increase your 
freedom footprint and invert 

1489
01:25:00,680 --> 01:25:02,560
clown world. 
Bars. 

1490
01:25:02,560 --> 01:25:04,240
Okay. 
Nice, short and sweet. 

1491
01:25:04,240 --> 01:25:05,720
Love it. 
Okay Canute. 

1492
01:25:05,720 --> 01:25:07,920
Same question. 
What's the last message you want

1493
01:25:07,920 --> 01:25:11,880
to leave with the audience? 
That sounds so final. 

1494
01:25:13,160 --> 01:25:17,080
We got a wrap of the show. 
Like, subscribe and brush your 

1495
01:25:17,080 --> 01:25:17,600
teeth. 
Boom. 

1496
01:25:19,800 --> 01:25:21,960
Boom. 
Dropping the wisdom. 

1497
01:25:21,960 --> 01:25:25,760
All right, everybody. 
That was Wednesday, May 22nd. 

1498
01:25:25,840 --> 01:25:27,720
Simply Bitcoin Live. 
If you guys enjoyed the show, 

1499
01:25:27,720 --> 01:25:28,800
you know what to do. 
Smash a like Betty. 

1500
01:25:28,800 --> 01:25:31,760
Consider subscribing if you feel
like we provided you value. 

1501
01:25:31,760 --> 01:25:33,480
But the number one thing you 
could do to help push the 

1502
01:25:33,480 --> 01:25:36,160
peaceful Bitcoin revolution. 
Share Bitcoin content. 

1503
01:25:36,440 --> 01:25:38,160
Share Bitcoin media. 
Share Bitcoin culture. 

1504
01:25:38,160 --> 01:25:38,880
Share Bitcoin. 
Muse. 

1505
01:25:38,880 --> 01:25:40,960
Share Bitcoin everything. 
Share it, Share it. 

1506
01:25:40,960 --> 01:25:43,200
Go subscribe to the Freedom 
Footprint Show. 

1507
01:25:43,560 --> 01:25:46,480
And yeah, exactly. 
Pick up cactuses. 

1508
01:25:46,480 --> 01:25:49,080
It's good for you anyways guys. 
We love you all. 

1509
01:25:49,080 --> 01:25:51,640
We appreciate you guys. 
We wouldn't be here without you.

1510
01:25:51,840 --> 01:25:55,280
I'm Nico, who's my legendary Co 
host, Optimus Fields, our guest 

1511
01:25:55,280 --> 01:25:57,680
for today. 
Good news, fan home and Luke the

1512
01:25:57,680 --> 01:25:59,480
Wolf. 
Guys, we'll see you tomorrow for

1513
01:25:59,480 --> 01:26:02,520
a brand new episode of Simply 
Bitcoin Live. 

1514
01:26:04,240 --> 01:26:08,240
This episode was brought to you 
by bitcoinwell.com on a mission 

1515
01:26:08,240 --> 01:26:09,640
to enable independence.