Going to a digital currency society where cash will be
gradually eradicated either through non use or a lot of
countries and a lot of governments are trying to
actively ban it. So they're putting limits on how
much you can use cash. Say, you know, $1000 and if it's
more than $1000, using cash is illegal.
When we go to the society, we have to really think about the
implications. Do we want a society in which
our digital money is under complete surveillance and
complete control? Where if you go to the wrong
protest or if you support the wrong political campaign, or if
you make a payment to the wrong person or receive money from the
wrong person, suddenly your money disappears.
It's no longer yours anymore. It's frozen, it's seized, it's
gone. And someone has control of that.
Corporations, banks, governments.
And in most cases, there is no difference between Corporation,
Bank and governments, right? And so that's one scenario.
And the other scenario is one in which individuals control their
money. And it is digital money, but
it's digital cash like Bitcoin, where you can pay an individual
from one person to another, just like I can with cash today
without any other party getting involved.
What really strikes me as amazing is that we've gotten
used to this idea so quickly, which is that we no longer pay
people. We no longer pay people
directly. The less we use cash, the more
we pay people through a corporation, right?
So from tipping your valet to tipping your taxi driver to
tipping wherever, tipping is pretty much the last remaining
part of our society where cash is used to pay from one person
who is not an incorporated entity to another person who is
not an incorporated entity. Everything else you have to pay
for a corporation, whether it's a bank, right, whether it's
Venmo, whether it's PayPal, whether it's any of those
things. And we've gradually gotten used
to this environment where we can't pay another person unless
there's a corporation involved. And that's astonishing to me.
And as cash disappears, that then becomes a final fact that
every single payment in your life will be from you to a
corporation. And that corporation?
Takes a piece of that every single thing.
And not just that, it doesn't just take a piece, it also
controls and surveils and monitors your juice.
And if you violate the terms and conditions, you are destitute.
Wow. So our so the issue is not what
we have today versus the digital currency of the future or
Bitcoin or whatever. It's both.
Futures are digital currency and in both futures cash will no
longer exist. That is inevitable.
We are going down that road and now we have to choose.
Do we go to the digital cashless Society of corporate control
over money with the complete and total merging of corporate and
state money, where instead of having separation of state and
money, have the merging of state and money and corporation and
money? Where your money is branded
money. You have Chase dollars, you have
Goldman Sachs dollars, you have Coca-Cola dollars, right?
You have money that is controlled by a corporation.
Or do we go down the other future where we have money that
is basically an Internet Protocol that is completely
global, that any person can pay any person they meet in the
streets without any corporations getting involved?
Just for me to you digital cash. And that's really the it's a
less optimistic view because I'm fully aware of what the other
future is and it's already playing out and it is a very, in
my opinion, a very dangerous future.
Yeah, we're going to simply Bitcoin live, your number one
source for the peaceful Bitcoin revolution corporate.
Can you use culturomatic warfare will be your guide through the
separation of money and state. Ladies and gentlemen, we are
streaming to Noster using ZAP dot stream.
We're figuring out how to post the videos natively.
Bear with us. But yes, we are streaming to
Noster. We posted the ZAP dot stream
link on the Simply Bitcoin Noster account, so go follow it
or Noster. I don't know if that's the
correct terminology, but you guys know what I'm saying.
I'm still a Noster noob, but yes, we're broadcasting
worldwide YouTube Rumble X Noster now too.
Very very bullish. Anyways, starting off with the
beginning clip of Andreas Antonopoulos, he played such a
crucial role in my orange peeling journey.
I used to watch his lectures on repeat over and over and over
and over again. And I used to have like these so
many Eureka aha moments about Bitcoin because back then there
really wasn't that much Bitcoin content.
It's not like today, back in the day, back in the, you know, when
I got in 2016, it was, you know, it was few and far between.
Now it's a, it's a lot more developed these days.
So what's interesting, a couple of things he talks about
essentially Bitcoin or slavery, something that we talk a lot
about on this show. There's 2 worlds in front of us.
There's a world of central bank digital currencies, which is the
future of Fiat. And there's a world of Bitcoin,
the separation of money and state, which is going to allow
hope, peace, prosperity, opportunity and the future of
central bank digital currencies. The future of Fiat is a future
based on coercion and censorship.
And the reason for that is simple.
We read you guys a post from Jeff Booth on Noster yesterday.
If the international based order is set upon a money that is
based on theft, that system is going to require coercion and
censorship to get people to go along with that said system.
It it goes hand in hand. Like why do you think they want
to censor? Why do you think they want to
coerce? Because it's a system based on
theft. And I don't think naturally
human beings are OK with that. I think that they obfuscated a
lot. They use these, you know, these
complex words and complex jargon the way that we're that they
talk about inflation. It's like as if it's a, a, you
know, a fact of life. It's part of Mother Nature.
And you see these questions to these politicians.
Like, what are you going to do about the grocery bill?
Like they are single handedly responsible for that and people
are not aware of this. So they rely on the media, they
rely frankly on propaganda. They rely on misinformation to
keep people in the dark about the truth of money.
And that's our job as Bitcoiners, really, to get the
message out there, break the Bitcoin echo chamber, and really
get people to understand that money can exist without theft
baked into it. The farther you get away from
the developed world where the inflation rate is ever so slight
for people not to realize they're being just stolen from,
the less that veneer of legitimacy works on people.
When you're dealing with hyperinflation or double digit
inflation and the government is on TV telling you that it's your
patriotic duty to use your local currency, you don't believe them
anymore. So we're going to do a special
coverage of the debate tonight. We're going to focus on Bitcoin.
We're not going to get into all the other political issues and
Opti and I are going to react to it.
I think Sophie's going to join us as well.
It's going to be an EX Rumble and Noster exclusive because we
might say some things that are not YouTube friendly.
So really looking forward to that.
Also, Jack Mahler's had a debate with Peter Schiff in regards to
how Bitcoin is superior to gold. I can't believe we're even
having this discussion. But TLDR essentially, look, I'm
a fan of gold. I'll be honest with you, I'm a
fan of it. I'm a fan of physical gold, gold
that I can hold in my hand. But do I believe that gold is
superior to Bitcoin? No.
Do I believe that you can build a sound money system or sound
money society on top of gold? No.
Because of gold's physical characteristics, it is.
It is essentially limited on how it could be used.
You can't send gold immediately across the globe for pennies on
the dollar. You're going to have to send a
paper version of that gold, right?
But you're not going to actually be able to send that physical
gold internationally, overseas instantaneously at the speed of
light. It's not going to happen.
So because of those reasons, because of gold's physical
characteristics, it failed and it was eventually Co opted.
And by the way, this isn't just the story in the United States.
This happened back in the Roman era as well.
When the Roman currency the the Dinarist first was released, it
first came out the amount and they didn't use, they used
silver instead of gold, but a rare, a rare or like a a rare
metal, right? A scarce metal.
Better said the amount of silver in each Dinaris, I think it was
like .85% or .9%. By the time of the Roman Empire,
the the downfall of the Western Roman Empire, it was down to
like .00000 like it was a is a minuscule amount.
So they inflated the currency and people could you could make
a very strong case that the reason as to why the the the
downfall of the Roman Empire occurred what one of the major
reasons was inflation. So this is a story that has
repeated itself throughout human history, but for the first time,
we have a technology and that only Bitcoin that fundamentally
solves this problem. If enough people wake up to the
reality of the power that self custody gives the individual.
And I posted this on Oster and Twitter this morning, if enough
of us take self custody, we win and there's nothing they can do
about it. And what's very powerful about
this movement is that we are not relying on a politician to swoop
in and come and save the day. This is something that each of
us as sovereign individuals could start doing now, buying
Bitcoin, earning Bitcoin, mining Bitcoin, and taking that said
Bitcoin into self custody right now.
We could start doing this now. We don't have to wait till the
result of the election. We don't have to wait for Trump
to come in and you know, save the day.
Or if you believe in Kamala to come in and save the day, you
could start saving your own day by earning, mining and saving in
Fiat. And by doing so, you are now
living on a unit of account, a currency that is inherently
deflationary, meaning your life and everything around you,
housing, food, whatever, it's going to get progressively
cheaper for you over time compared to everyone else around
you that for whatever reason continues to use political, also
known as Fiat. So something to keep in mind as
we watch the debate tonight. The answer to a lot of the
world's problems isn't a politician.
The answer to a lot of the world's problems is broken
money. That being said, all that being
said, still, depending on which politicians get elected into
office, this could either accelerate hyper bitcoinization
or decelerate it. So that's not to say that Fiat
politics isn't important. It still plays an important role
during this transitionary era. I can't emphasize that enough.
This is the first Bitcoin election in the United States.
But what I do want to emphasize is that you can start take
control. You can start taking control of
your destiny today. You don't have to wait for
anybody. And that's the power of Bitcoin.
Anyways, I do want to welcome our panel for today.
Of course, we have Carr, the founder of Pleb Lab, and we have
Optimus Fields in the house today.
Man, Opti, I think this is going to be our first live reaction to
a Fiat political debate. Are you excited?
I'm so excited. It's going to be amazing.
It's going to be so much fun. I I cannot wait.
I am literally bursting out of my seams ready to do this
stream. No, it's going to be wack.
It's going to be so wack. Yeah, I'm not, I'm not, I'm not
happy about it. The I'm pretty sure it's going
to be a horrible debate. But hey, we got to do it for the
culture. We'll see what happens.
It should be fun anyways. But yeah, I'm not that excited.
I've I've been watching too much politics lately.
I watched the DNC, the RNC, the last debate and man, it's just
clown world personified and it is horrible and it's not fun and
it's not even exciting. So yeah, it's not going to be
great at all. It's literally going to be bad.
But anyways, I'm kind of excited about the ZAP stream Niko Niko
just literally, you know, silent launched this ZAP stream on me
and shout out the Darth coin. He he zapped us 121 sats
already. So this is this is pretty cool.
We got, you know, 20 people over there on ZAP stream.
That's dope. This is this is awesome.
And yeah, on another note, I am totally cooked right now.
My back hurts. I feel like a boomer.
I'm I'm struggling to even sit up right now.
But hey, you know the show goes on anyways.
Car, what's up bro? I'm one SEC, one SEC am I here?
Yes car, I am super excited for today's culture.
Let's talk about Pleblab real quick.
For everyone out there that doesn't know what Pleblab is,
give it a little TLDR. What is Pleblab and what is the goal
with Pleblab? And then we'll go deep, deep
dive on the culture. Yeah, it's kind of what Nico was
saying at the top of the show with the Andreas clip.
It's, it's about decentralizing the world and making sure
Bitcoin is the primary currency to do that.
One of the things that we do here at pub lab is we have a
hackerspace with builders who are all self sovereign.
A lot of them don't want to be docs.
A lot of them want to keep their privacy.
So we allow them to pay with Bitcoin directly to us.
So we're kind of like the the shield, as you would say, for
these builders to create in peace and, and be able to do the
things that they want to do. So it's very much that ethos,
the core hardcore Bitcoin ethos. And yeah, I think on the monthly
we try to do our best to get more developers and more
projects inside the lab and try to help them in any way we can.
Whether that's getting them connected to people like Y'all
or getting them connected to other people in the space that
can provide them grants or provide them some sort of
upfront Bitcoin to help them get started on their on their path
for their project. And yeah, I'm super excited with
what we've been doing for the past four years here in Austin,
and I'm looking forward to doing another 4 this next cycle.
Oh, man, I'm excited. I love Bitcoiners building, man,
Bitcoiners building is how we win.
We got the smartest and brightest people on our side.
Yeah. And of course, most importantly,
we have incentives on our side. And all they have left is lies,
misrepresentation and coercion. So it's something to keep in
mind, something very, very important.
Anyways guys, before we jump into the show, I do want to give
a very special shout out to our lead sponsor.
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the numbers. All right, everybody.
Usually when you buy a hardware wallet, it comes with a piece of
paper. And that's where you're, you're
meant to write down your seed words.
Unfortunately, paper is prone to water damage, could be burned in
a fire. Your dog could eat it.
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website. At the time of recording the
Bitcoin price is $56,910.00 Sats per Dollar 1757 block height
860,775 blocks to having 189,225 Having estimate March 23rd 2028
Total lightning network capacity 4939 BTC capacity value
281,000,000 Realized monetary inflation 1.39% Market
capitalization 1.12 Trillion Bitcoin versus gold market cap
6.47 percent. So in the opening monologue I
was talking about money. What is money?
And once you start going down this rabbit hole, the inevitable
question that you're going to lead to is not what is money?
The question that you're going to lead to is what is
government? What is the role of the state?
What do they do for me? And you could see the cognitive
dissonance when cognitive dissonance when you see Fiat
economists talking about this and you see them like short
circuit a little bit and you see them get upset when they say it
can't be money, Bitcoin can't be money.
You see this from central bankers.
You see this from politicians. And here's the reality check.
Bitcoin is currently sitting at $56,907.00.
I've used Bitcoin to purchase many things in my life using
Lightning or using on chain. Is that not money?
Like am I not using it as money? So the market determines what
money is, not politicians. And unfortunately for people
that have, you know, drank the Kool-aid, so to speak, that's a
very hard pill to swallow because for the first time, the
state can't shut it down because of its decentralized nature.
And because the state can't shut it down, it's going to be forced
to compete with it. And when you have state money
which is censored and inflated, versus decentralized money,
which is censorship resistant and deflationary, you're going
to figure out very quickly who's going to win that over the long
term. Go and try to send a wire
transfer and then send a Bitcoin transaction.
You'll realize extremely quickly how this ends.
But remember the, to use Jeff Booth's words, the international
rules based order. A lot of the systems of control
that the government has built has been built on the idea of
always being able to put pressure on the middleman.
The problem is for them is whether it comes to information
mass scale peer-to-peer communications or mass scale
peer-to-peer transactions. There is no middle man to Co
opt, but their system has not adjusted to that.
Anyways, I'm giving context to this video before I play it.
I think Max Keiser has a really good point here.
Money existed before the state. Bitcoin separates money from the
state. Bitcoin ends the state.
Not only is David MCW, it stands for David McWilliams, an
economist, podcaster and author view on money.
Daft. His views on the state make no
sense either. No state money has ever escaped
losing 99 to 100% of its purchasing power.
Let's check out the clip. It's about a minute and 13
seconds. You talk about cryptocurrency,
you talk about Bitcoin, and you sound a fairly significant
warning. One of the key points in the
book is that over thousands of years, one of the essential
arguments has been between private money and public money.
Real money is always public, issued by the state or an agent
of the state. Private money, as in
cryptocurrency, can only enrich those people who print the
money. And if you, if Anton Savage had
Anton Savage coin and you print it, who'd get rich, Anton?
You would actually get rich if you think about it, right.
So at the core of the monetary system is the idea that money is
as much part of the state as the guard, ER, as the Irish army is,
as the tax system is, right. This is the state.
You cannot divorce money from the state.
Why? It's too important.
Yes, we are told the. Cryptocurrency achieves exactly
that, and this democracy and currency.
Cryptocurrency is lots of things, but it's not currency
and it's not money. It is a speculative asset that
goes up, goes down. As I said in the book, look, I'm
not giving people financial advice.
If you want to buy crypto, away you go.
But don't tell me it's money, because if you tell me it's
money, you don't understand money.
I would say he doesn't understand money.
I would say that like it can't, he can't comprehend it.
He has come to the conclusion, but he can't comprehend a world
where the state isn't in control of money.
So let's rebuke a lot of his points.
First point that he made, which is this idea of public and
private guys, I'm telling you right now that is BS.
Why? Has anyone ever audited the Fed?
No. Can you create more dollars?
No. You go to jail.
That's that's like, you know, counterfeiting.
Can you, you know, audit every transaction on a public Ledger?
No. Can anyone mine Bitcoin?
Yeah. Could anyone run the Bitcoin
softer? Yeah.
Could anyone audit it at any time?
Yeah. Does anyone have any special
privileges within the Bitcoin network?
No. What sounds more public and what
sounds more private to you? And he said the choir part out
loud when he was talking about shitcoins.
Which is why Bitcoin is so different than altcoins.
And altcoin doesn't solve the problem of Fiat.
It just moves the problem of Fiat from the government to a
foundation or to a founder, which is no one should have the
ability to create money for free that another human being has to
work for. The fundamental issue with
altcoins, from the revolutionary standpoint is that altcoin
founders and developers will change the rules to benefit
themselves, just as the government does.
What bitcoiners have realized is that no one should deserve
special privileges. Everyone should be equal in that
sense. So he's coming to the
realization that, holy crap, like, it is extremely important
that the government continues to have that monopoly on money.
I don't think the government in its current form can exist
without having its monopoly on money.
And therefore, in his mind, he just blocks it out and he just
says it can't be money. Reality check, it's not for you
to determine or any central bank or any country or any government
to determine what is money and what is not money.
The market is going to do that on its own.
And by the way, already in El Salvador, they made Bitcoin
legal tender legal through democracy.
So in El Salvador, if you want to go down that route, it's
already determined as money. So who are you to say as someone
living in the West, that the that what El Salvador did,
choosing a money that they wanted to define as money is not
money? Who are you to say that?
What he's really protecting and what he's really advocating for
is I want the system, this special system where
bureaucratic elite in Washington, DC had the very
special privilege of being ever being able to control and issue
money at will. And that system is now being
threatened by something that is decentralized and can't be shut
down. So therefore that system in
Washington, DC is going to have to compete with Bitcoin.
And it doesn't like competition. It hates competition because
fundamentally it's a system based on theft.
But I love watching them squirm in the process.
Like he he, he couldn't like he could not comprehend it.
You could see he was like, it's just not money.
This is this is impossible, like only the state should have the
ability to do that. And then he uses the, he tries
to commingle the word public with the word no, no, no, no,
no, no, no Fiat is private. The Bitcoin is public.
That's the reality, right? So anyways, that's my take on
that. I just, I love to play those
types of things because those are the types of people that you
know, those are the types of people that are going to come
out. They're they're going to hate
Bitcoin, They're going to try to stop it, not because of bitcoins
characteristics, for the benefit that Bitcoin's going to bring,
but because they're advocating for a spit, for a system of
special privileges, a system based on theft and coercion.
That's what they're advocating for.
When you advocate for Fiat. Anyways, I'm going to pass it on
to car car. You have an amazing background
behind you, so I'm sure you feel very, very passionately about
what that gentleman had to say. What are your thoughts?
I think, I think you just hit it on the on the head, Nico.
I think the biggest problem with it is like Jerome Powell can
just press a button and wipes away everybody's hard work for
the week. Do you know what I mean?
Like he can literally just print money at will from his desk.
And to me that's, that's just like not acceptable.
I mean, we can, I mean, we can work really hard as builders
here in the ecosystem and we can work for every SAT that we have.
And fundamentally we all know that, hey, there's more work to
be done and we can have those conversations.
But honestly, this, this, this world that they're, they're kind
of in right now just printing money and wiping away
everybody's hard work for the week.
It just doesn't make any sense to me. 100% no, it doesn't mean
I don't think it makes any sense to anyone Opti it like it.
It doesn't make sense if you wake up like and you see people
kind of struggling with it and trying to come to terms with it
because it's a very tough pill to swallow.
Could you imagine that like you've been working your entire
life for these dollars and then you realize that the entire
system is based on theft and it's based on a lot people don't
understand what money is and people still believe that
inflation is somehow like a fact of nature.
Anyways, Opti, what are your? What are your thoughts on all
this? Well, my first thought is just
the amount of status academic cope that I just heard was off
the chart over 9000. I am happy that these people do
the mental gymnastics to try to say that Bitcoin isn't money and
they never hold Bitcoin. Honestly, I think this is a
feature, not a bug. So I I thought that was kind of
hilarious, especially the part where he's saying what do you
say? Like if I created my own coin, I
would print it and then I would get rich.
It's like, does this guy even understand how Fiat currencies
work? That's literally what's going on
with dollars and whatever. You know, the pound, it's all
paper money. You know, Fiat money, which is
literally money by the decree of the government.
And they can print more of it and the people at the top get
richer because they're closer to the money printer.
Like he literally just described the Fiat system and then painted
it on crypto currencies. And I agree, This is why we are
Bitcoin only, because Bitcoin had the Immaculate Conception,
because everyone that participates in the Bitcoin
network is equal on the Bitcoin network.
And so I to a certain extent kind of agree with him, but what
he just painted really only relates to Fiat currencies and
altcoins. It it it has nothing to do with
Bitcoin. And of course I'm a free market
maxi. I agree that there shouldn't be
a cabal of government officials that control the monetary
network. It's just simple economics.
I don't think that any small group of people have all of the
information to control the economy in a good way.
Any amount of control over the economy is going to 'cause
inadvertent effects and then they will just continue to
manipulate it. And this is the feature of
Bitcoin. Bitcoin will end financial
engineering and this is the future that we're heading into.
And especially if you relate this to the cold open of Andreas
Antonopoulos, we are heading into a digital world.
It already is digital. Fiat money is already digital
and we really have to pass ahead of us.
It is either a digital currency ACBBC that is controlled by a
small cabal of people that has expiration dates that can be
censored that you know can really kick you off the network,
or another one that none of those features are a part of.
There is a permissionless censorship resistant money that
all you have to do is choose to participate in it.
It is freedom money. It is Bitcoin.
So personally, man, I maybe maybe it's because my back's
hurting and I feel like a boomer today and I'm like, look, have
fun playing with your paper money, with your government debt
Ious like we don't need you where we're going.
You will get it eventually. But it really just goes to show
that if people are listening to these academics, these status
Keynesian economists and this guy, what works for the
economists like the magazine, and it's just, it's ridiculous
that this is where we are. So hopefully people aren't
listening to him, but I think people are listening to him
because he has the academic background that he has that
legitimacy. But man, it's just, it's just
beautiful. Like I, I love speculating.
I, I, I love speculating on life and then being proven right and
just continuing to show the world that, hey, you may not
think Bitcoin is money. That's fine by me, but it is my
money and I will continue to save and use the better money.
It's just that simple. Have fun. 100 percent, 100% also
shout out. I didn't expect so many live
viewers on ZAP dot stream bro and it's a lively chat.
So shout out to the bitcoiners that are watching us there.
And of course, we posted that on our noster as well.
So really, really warming up to that as well.
I see lightning goats, Darth coin, Darth coin.
I apologize for taking so long. I'm a media person, not really a
tech person, but I eventually I figured it out over the weekend
and we're going to continue to drop even more content on Noster
as well. So stay tuned anyways, guys, if
you're watching us on YouTube Rumble X Nos, I don't know if
you could like it, but make sure to smash that like button
really, really helps push the message forward.
Of course, if you guys are enjoying the show, make sure to
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We're going to talk about Jack Mahler's debating Peter Schiff
during the news segment. So let's check it out.
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cheese all right everybody, so let's talk about this.
I don't even know why this is still a debate.
I, I don't, I, I can't comprehend it.
This is like what is going on. I don't get it.
I don't understand it. Like speak about it.
Like the cognitive dissonance. That's what, that's what it just
reminds me of. It's like that guy talking in
the podcast earlier and then this.
It's the same. It's like there's like clear
cognitive dissonance here and like there's reality staring you
in the face. But because these things have
been around for so long, like they just, they're like, no, it,
it, it can't be this, this, this magic Internet money, it just,
it's impossible. Like I, I can't comprehend it,
but like I think the data speaks for itself, right?
The BTC per ounce of gold for the audio listeners right back
in 2010, it was I think it's 1.41 point 5 million satoshis
per thing. And this just thing, this thing
just like like just goes down and to the right now today it's
.047 Bitcoin. I think that meant like, dude,
it's crazy. It's crazy.
Is that 1,000,000 Bitcoin per oz?
Anyways, the point is, is that this thing is just gone down,
right? And then as you can see, the
price of Bitcoin just continues to go up.
So I mean, I think the numbers speak for the self, for itself.
I think everything goes to zero against Bitcoin, whether that's
gold, whether that's the dollar, whether that is your, you know,
favorite stock, whether that is real estate like Bitcoin.
This is what Sailor has been saying, Like Bitcoin is the
superior asset, full stop. It's because of its physical
characteristics. It's because of its absolute
scarcity. This isn't even a debate
anymore. So the fact that Schiff is even
doing this, is he doing this for likes?
Is he doing it for like engagement?
Maybe? But anyways, I'll play you guys.
The clip this is from. I want to give credit to maybe
this. I think this is David David
Linn's YouTube channel. So shout out to him.
This is his work. We're going to play you a clip
of Jack Mahler's debating Peter Schiff, and then we'll react to
it. Let's check it out.
Is that unfortunately it has to centralized.
The problem is that gold can't achieve transaction finality
without the help of a government or a central party.
Meaning that when gold was operating in a local economy and
you can exchange the physical coins with your direct
counterpart for your butcher, your local tailor, your grocer,
whoever you were exchanging with, gold was great.
When the world needed to scale an economy and the velocity of
money larger than your local economy, gold failed us.
Gold failed us because gold is just a bare physical metal.
It does not carry a monetary network.
What's the gold network? The gold network are human
beings. And when you're trying to
transact in an economy of billions of people globally, you
are reliant on central parties, banks, governments.
And it was for that reason that gold failed.
And it failed in a way that you can't operate a truly free
market when the concentrated supply is with those that you
have to trust. And so that's fundamentally what
Bitcoin solved is that you are able to create a scarce bearer
instrument and a network that can achieve finality in
transactional settlement without the reliance on any government
or party. So that I think is, is
extremely, that's really the core issue of why gold's been
demonetized since I think on the points of Bitcoin like needing
more history and it's young. I mean, I think that sounds like
a personal problem for you, Peter, like that.
I think you need more evidence and that's you being slow to
recognize reality, right? Like if you were to need the
Internet to prove that e-mail is better than traditional mail,
you would just be late to adopting better technology.
That doesn't sound like that's not a point or a criticism
against the properties that Bitcoin has.
That's your own personal bias of how much proof that you need to
adopt something that might be superior.
So that is that's on on you. And the last thing I will say on
bitcoins, volatility, you know, for the listeners, I really
think it's an important fundamental point.
Risk is not the same thing as volatility.
Risk refers to the probability of a permanent loss of capital.
Risk would be that the Bitcoin code or the Bitcoin network
outright fails. You can make an argument that
Bitcoin's actually the least risky asset ever because it's
the only asset you can store in your head.
Bitcoin is, however, extremely volatile and I would admit that,
but that's that's a pro. Volatility is the frequency or
like the magnitude of which the price fluctuates.
And so Bitcoin, hold on, hold on.
I'm almost done. I promise. 30 seconds.
The the point here, David. Is that Bitcoin has to be
volatile because the asset is inelastic, because the asset
cannot. With more demand in Bitcoin, you
cannot make more supply. More demand has to fundamentally
be a higher price, whereas for all other commodities and all
other assets with more supply, you can make more demand, which
makes them less volatile, but also makes them, I mean, I just
went over the returns and the data, which also makes the
returns not nearly what we're seeing in Bitcoin.
So Bitcoin volatility is baked into the system because it's a
fixed asset. So as it becomes adopted as a
money globally, volatility's implied.
But volatility's also the only reason that Bitcoin's averaging
100% year over year growth over the last decade and gold's at
2%. So, and volatility's not risk
because Bitcoin's volatile, it doesn't make it risky, it makes
it an opportunity well. So first of all I I want to give
a shout out to the original creator.
The real problem with gold? Pause that David Lynn, this is
if you guys want to check out the entire show, go take out, go
check out David Lynn's a podcast or or YouTube channel.
Great content creator and also awesome for putting together
that debate. So I want to give credit where
credit is due, but Jack Mahler's just completely like
annihilating, you know, Peter Schiff, like coming with the
facts to the point where Peter Schiff was like he started
laughing at one point because he was like what?
Like I don't even know what to say to this.
And this is what we were talking about in terms of gold's
physical characteristics enabled it for it to be Co opted.
And this is the problem that Bitcoin fixes because you can
send Bitcoin instantaneously to anyone anywhere around the
world. It's even more scarce than gold.
It allows a custody in a very efficient manner that actually
benefits the individual over the over a third party.
And if you connect this with the video that we played for you
guys during the numbers segment, this is such a transformative
technology that it is, I would say, and this is very
controversial when I say this to Bitcoiners because Bitcoiners
are like, no, Nico, leave politics out of this.
But my response to that was my response to that is the
separation of money and state by definition is political right.
Like, that is political, right? What is the definition of
politics? The definition of politics is
the organization of power. And all of a sudden, now that
you have the balance of power shifting from the state back to
the individual, of course there's going to be a little bit
of strife there. That's why you're seeing
elements of the government. It's not monolithic, but
elements of certain governments react in such a hostile manner
towards Bitcoin because they see it as a fundamental threat.
Just as the gentleman in the first video pointed out.
He's like, he, he saw it. He he saw, he saw the writing on
the wall. He's like, it's so instrumental
to the state. Like I can't even comprehend a
world where money and state aren't aren't, you know,
connected because it changes everything.
Like think about this for a second, right?
It's specifically in the United States.
If you live in Florida and if you live in California or you
live in Florida and someone, it lives in North Dakota.
I'm sure the people in North Dakota are dope and they're
awesome, but what's keeping everyone together?
Why can't Florida be its own thing, its own state?
Why can't it just function its own?
It's the dollar. What's keeping the federal
government together? It's the dollar, right?
So what happens if all of a sudden, five, 1015% of the
population are no longer using the dollar because it's an
inferior currency? What happens?
Because to give the gold bugs credit where credit is due, they
correctly identified the problem, but they didn't choose
the right tool. And the right tool is Bitcoin.
I mean, I think it was Hayek, that famous video of him going
viral, right? Which is we need to find a
clever roundabout way to get money out of the hands of
government. And Satoshi found that clever
roundabout way and it can only be achieved via
decentralization. And this is where gold failed.
It was Co opted because of its physical characteristics limited
its ability for individuals on a massive scale to take self
custody of it and also it limits them from them being able to
transact with it in a global manner.
So it it like it created the centralization in a way, and
you're kind of seeing it with the Coinbase custody of all
these ETFs. But still the vast majority of
Bitcoin is still held by individuals, right?
So yeah, will Bitcoin survive that final boss test?
I think it will in my personal opinion, but that test is still
yet to come. I think we're in the separation
of information and state kind of battle right now.
That's what you're seeing it on the Internet.
You're seeing rumble get the platform to just got banned in
Brazil and you're seeing a pressure on Elon and you're
seeing the rise of nostril and what I think the battle next
coming like it it it's you're seeing the first innings of it
with Operation Choke .2 point O is the separation of money and
state. And I in my personal opinion, I
think that fight is going to be a lot nastier because as that
guy pointed out in that first video, he's got it.
He's got it himself. He's like it is so important.
Like his eyes even popped out. He's like, it is so important.
I would say, yeah, it is extremely important for how the
government is run today in a very inefficient manner for them
to retain their monopoly on money.
But I don't I don't think they'll I don't think they
really have a choice in this. I think, you know, Bitcoin is an
idea more than anything. And I think as more and more
people wake up to the fact that money can exist without
inflation baked in, I think that's a one way door.
You don't go back from that. That's my personal opinion.
I'm going to pass it on to Carr. Carr, what are your what are
your thoughts on Jack Mahler's Absolutely ballin?
Yeah, Jack's a goat. I mean, he literally explained
to Peter Schiff why Bitcoin works fundamentally for the rest
of the world. Maybe it doesn't work for for
Peter, but it does work for everybody else.
I think you hit on a couple things there, Nico.
I want to touch on. I think the CBDC is their way of
keeping people still locked in because it's another it it you
can obfuscate another layer on top of the already debase
currency. So I think that's why they're so
adamant about rolling through CBDCSI think another thing that
you touched on too as well is about the decentralization
aspects of it. I think the incentives over time
will just prove that Bitcoin will win.
And, and I think, yeah, I think it's definitely gonna get nasty.
And I think they're definitely gonna start pulling more content
to kind of kind of quiet down how you do the how you have a
Bitcoin wallet, how you have a Lightning wallet, how you do
these kind of things. But I do think over time, the
incentives will just outweigh the need to want to have a
CBBCI. Think if somebody came in
tomorrow and said car, do you want Bitcoin or dollars?
I would say Bitcoin. And I think over time that will
just prove to be true for everybody.
A. 100% I completely agree with that Opti.
What's your take on all this, brother?
Well, I am once again here saying, why do we listen to
Peter Schiff? Why do we give him any air time?
I am personally on the camp that Peter Schiff is just playing a
role. It's his job to shield gold.
It's his business to try to say that gold is, you know, the
money of the future or whatever his recent narratives are.
But Jack Mahler's, kudos to him for for actually taking on that
debate and thoroughly destroying Peter Schiff.
But again, and I think Peter Schiff sees the writing on the
wall, it, it kind of reminds me of that one saying it's hard to
convince a guy of the truth when it's his job to know the lie or
whatever it is. You guys, you guys have heard it
1000 times on this show. So this is what I see when I see
Peter Schiff. It's like Schodenfrob.
He's it's like literally or what's it?
He's he, he's like he's live action role-playing WWF
wrestling. Every time I see him talking
about gold, you can tell that he, at least personally, it
seems to me that he agrees with a lot of the stuff we say,
especially when you consider that his I, I forget if it's his
father or his grandfather, but he's come from a long line of
libertarian thinkers. And so you'd have to venture to
guess that he really does understand a lot of the stuff
that US bitcoiners talk about. But it's his job to shield big
or sorry, it's his job to shield gold.
Hence why he always goes out and he parades himself for the
boomers out there that want to hold something.
And it's like, no, guys, trust me, gold is the money of the
future and we're going to go back to a gold standard with
that. Wait.
Like completely ignoring the fact that personally, in my
opinion, and maybe you guys can push, push back against this
like gold failed as a monetary medium.
Yes, it's still a store of value.
Yes, it's still a hedge against dollar inflation, but it it's
failed as money in the digital world.
And This is why Bitcoin is a 10X improvement on gold is because
it is a digital world. We live in a world that is never
going to go back to a time that there is no Internet.
Hence why we as Bitcoiners believe that there needs to be
an Internet native money, which is Bitcoin.
And as much as I personally do like gold, not so much as a
monetary medium, but I just think it's pretty.
And I I've joked before on the show that I can't wait till gold
gets demonetized and I have a gaudy house full of.
I like, I'm gonna keep saying this like I love gold, Like I
have a gold. Chain, you know you.
Know those like those gold? I have a silver one.
You know, those like gold, those gold like those like gold bars,
like they feel really good to hold in your hand like I'm not.
Yeah, sure. I I agree with that.
Like I love gold, like gold is dope, but.
But can you? Can you send?
That gold bar through the Internet.
No, no, but this is what I'm trying to tell you is that like
gold is dope. Like I'm not like gold is dope,
but is it better than Bitcoin? No Would I rather hold Bitcoin?
Absolutely. 1,000,000% every single time, But I'm not like
it. It's still dope though.
Like, it's still cool. I like, I like, I like the feet.
I like holding it. Like what you said, Opti's gonna
just gold out his entire house. And I saw the like gold, but
it's not my money, you know? It's dope.
I'm not shitting on it. And, and also I want to give a
shout out to the gold bugs because like they did so much
work and so much heavy lifting identifying all of these
problems and it and it, and it just like it's a little bit
tragic in a way that it's like they got everything right, but
they just didn't have the right tool like they were before their
time, you know, and it, it takes a lot of humility for you to
double down on something for like 20-30 years and then all of
a sudden something comes along which is the correct tool that
you need to use in order to achieve the outcome that you
wanted. But it's very hard.
Like that's a, you know, I love who, who, I, I forget who
originally says that, but Bitcoin is a humility test.
Like it, it is a humility test and everyone gets Bitcoin at the
price they deserve. So it, it's a little bit
difficult. Like I, I, I, I, I empathize
with it a little bit, but at the same time, like Peter, Peter
Schiff, bro, like it's been 10 effing years, dude.
Like it's been 10 years and you're just going to continue to
get humbled, bro. Like, like just, it's OK to
admit it. Like we, we will welcome you in,
you know, but some people have big egos and it's very
difficult. And yeah, and, and last two, two
points last year very publicly, Peter Schiff got debanked and
all of Bitcoiners were like, see, This is why you need
Bitcoin. And one of the one of the big
things that you constantly hear Peter Schiff say is no one's
accepting Bitcoin because it's not money.
Yet he literally accepts Bitcoin and shit coins on his website
for gold. And it's just, there's just way
too much hypocrisy coming out of Peter Schiff for me, obviously
not to think that he understands what is going on, especially
when we had the the theater art of him and his son kind of going
back and forth on Twitter where he was pro Bitcoin.
He's anti Bitcoin. And it it was, it's
entertaining. But I'm convinced he understands
Bitcoin. He probably holds some Bitcoin.
It's just his job to show gold. And yeah, like, gold's pretty.
I love it, but it's not my money.
It's just not going to be the money of the future.
And gold's just impractical in the digital world for most
people. Yes, central banks are acquiring
as much gold as possible, but the real game is acquiring as
much Bitcoin as possible. And all of us young people are
like, hey, have fun with your pretty rocks, boomer like.
I got this. Digital currency called Bitcoin?
It's better. 100% also shout out to ZAP dot stream.
There's 140 of you guys watching watching us live.
So shout out to you guys. That's that's pretty big for
alternative platforms for us. So that's pretty huge.
Damn, it's a shout out shout. Out to the 100 of you guys
watching us on Rumble. Shout out to almost 300 of you
guys watching us on YouTube, and shout out to the 951 of you guys
watching us on Twitter. Make sure to smash that like
button if you guys are enjoying the show.
I'm quite surprised with ZAP dot stream man hitting out the gate.
Strong Opti and I used to go over the moon breaking over on
let's on a live show. We would freak the F out.
The fact that we hit it the first day, Man that that that's
awesome. So shout out to all you guys.
Thank you so much for the support and thank you for
bearing with us because I've been quietly working in the
background trying to figure out all this stuff out.
I'm super glad that we got it working today.
And of course, we'll be back on Noster tomorrow as well.
And hopefully what we're trying to do essentially is being able
to upload the live shows natively on to like these
platforms, but it's a little bit complicated.
We're figuring it out. Bear with us for the moment,
we're going to continue on ZAP dot stream.
Anyways, guys, stay tuned because we still got the culture
segment coming up. We're going to talk to car and
we're going to talk about his baby Pleb Lab.
What is Pleblab? What are they doing over there?
And let's check it out. Here we go.
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Anyways, I'm so happy that we got car in the house today.
He was pitching us on Austin earlier.
I'm just going to reveal a little bit of a, you know, a
little bit of a backroom talk, green room, green room talk.
We're currently divided a little bit right now between Nashville
and Austin. Let us know.
I think you ought to get people a little more context here,
Nico. OK, let's do it.
OK. So guys, I guess breaking on the
show, we do plan on eventually. No, no, don't.
Don't, don't say that. Don't give that much detail, but
give enough detail. Where should simply Bitcoin
move? Right.
Nashville or Austin? The Nashville or Austin and car
was being really nice and now like I'm like, I'm in the
Nashville camp. You know, I'm a member of
Bitcoin park. I think I'm member 22 and car is
making me feel really good about Austin now.
And now I'm like, you know, Austin, the real estate's a
little bit cheaper over there, but get bigger house, you know,
maybe maybe go over there. So kind of on the fence.
Let us know down in the comments.
Actually, Opti, let's set up a YouTube poll right now.
While we talk about that, where should simply Bitcoin move?
We're going to set up the the poll on YouTube right now and on
Rumble and Noster and Twitter. Just put it in the chat and
we'll see it in the chat box. And then I'm just I'm just
curious to to hear what everyone has to say.
Everyone is saying Austin, Austin, Austin Nashville,
Austin. Austin is unquestionably the
Bitcoin capital of the world. The way that I see it is Austin
is the Bitcoin energy capital of the world.
Nashville's the Bitcoin media capital of the world.
That's the way I'm seeing it. I might be wrong there, but
everyone's saying Nashville, Austin, Phil, see your comment,
bro Savage. No, it doesn't matter.
Dude. There, there's Bro I, I don't
know. Green Bay, All right.
All. Right.
Anyways, anyways, what what what what what?
Do you access? Anyway, let's get to it.
I'm going to pass it on to Opti. Yeah, car.
Let's again, for now that everyone's piled in, we have a
bunch of people watching the show live.
Let's rehash TLDR Elevator Pit to what is Pleblab, what is the
goal, and then we'll talk about some of the cool stuff.
You no, wait, wait, wait a second.
Hold on a second. Is this real?
There's 220 people watching. I have no idea.
It's crazy. That's nuts.
OK, anyway, sorry to interrupt. OK, alright, Carl, again, what
is Pleblab? What are you working on down
there and what's the goal? And then I I do have your
website up here so we can talk about some of the projects that
came out. But first, let's do a TLDR
elevator pitch on Pleblab. Yeah.
So we've been around since 2021. It's interesting that you guys
bring up nostril. We had a super test net back in
the day working on some nostril stuff in late 21.
So a lot of what you see like that'll be coming out in a year
or two usually starts in around Pleblab, you know, by osmosis.
We have a lot of builders right now in the lab.
So we're at hackerspace here in Austin, TX here in the financial
district, just like 2 blocks away from the Bitcoin Commons.
A lot of people are working on the the cutting edge of like
Bitcoin stuff. So we have projects like
Cascader who are working on AI, Bitcoin adjacent technology
stuff. We have a jippy who's working on
like a new gamification type of Bitcoin education app.
We have a pleb devs down there who's working on re
reintroducing a way to give devs they need the need that they
need to build on Bitcoin. We have base 58, which is Nifty
9 and she's working on all sorts of core protocol, lightning and
Bitcoin stuff. We have Keon Stacker news he's
working on creating the next Reddit using Lightning.
And then we have people like Topher and and Nick who are, are
just magnificent engineers in their own right, building on
Bitcoin. So that's what we do here.
We, we, we do our best to kind of shield these builders away
from a lot of the Fiat stuff that we see in, in our, in our
world. And, and I do my best to try to
find new builders and bring them to club labs to so that they can
work with them and, and really get their projects to success.
That's. Love it, man.
Love it. Yeah, I was there in hip lock.
Boom. I think you guys threw like a
after party and I showed up and I was like, oh this is super
cool. But anyways, anyways, can people
like what's the process of people joining Pleblab?
I know you guys have a space. You guys work on hackathons.
Actually a lot of really great projects have came out of
Pleblab, so that's just super awesome to see.
But what's the process? Can anyone show up?
Like how? How does someone become a part
of Pleblab? Yeah, I mean, we could use all
the support and I, I appreciate you, Nico and Opti for giving me
the opportunity to come on the show and talk about it 'cause
it's very hard to get our name out there.
We're, we're really hardcore Bitcoin ethos here at in Austin.
And so if you scroll to the bottom Opti, there's a spot down
there where they can join with the online builder pass.
That $200 a month helps us a lot, keeps the lights on.
We, we also have that other button right there.
It's the $400.00 a month. That's what we charge for our
desk here and you can apply there.
We used to have it open to everybody, but now we kind of
have like a, a vetting thing that kind of goes through
everybody making sure that it all passes the smell test and
stuff like that. But for the most part, if you
just want to drop in any time, get that start, get that builder
pass, you can join our, you can join our chat and then you get
access to the lab. That one's been selling pretty
good this this cycle. So that's the one that we've
been pushing. But yeah, that's that's pretty
much the process to it. Let's go.
Awesome bro. Okay, let's talk about some of
these hackathons. You were telling me you have a
few hackathons in the books and actually let's just talk about
the ethos of an everyday hackathon that you guys have at
Pleb Lab. So maybe start with the ethos
and then we can talk about the couple events that you are about
to put on for different hackathons regarding or relating
to Pleb Lab. Yeah, so we're, we're really
engrossed in the Bitcoin builder community here at Pub Lab.
So a lot of people will come here, whether it's like a core
lightning team or you know, anybody that nifty neigh brings
in to, you know, work on some of this protocol stuff.
We open our doors to people outside of that too as well,
whether they're building on lightning and they're visiting
from like Japan or from other countries.
And we allow them to come in here and work on their projects.
And so there's always a sort of hacking or sort of like a hive
mind effect of building going on here in the lab and we just do
our best, but just to be good stewards of that and encourage
them and give them all the the things that they need, right?
Like you'd be surprised, just like a good pat on the back or
keep going. And you know, some Topo Chico's
like goes a long way. It it's really is that kind of
grind because a lot of what they do in the ecosystem, it goes
very thin. It doesn't they don't really get
awards or anything like that. There's no kind of like money
doing it. They're really doing it for the
for the Bitcoin ethos and they're doing it to to really
decentralize the world using Bitcoin.
And, and that's what I really love about the people that I
work around. Love it man Yeah, that's that's
great to hear. I mean, we we've been doing our
best to try to get as many developers on the show because
you guys, the devs out there, the ones actually building stuff
are the unsung heroes. And it doesn't have the glory of
maybe being, you know, a well paid miner or a, a talking head
influencer, but you guys are the the one actually building stuff.
And I'm always like, the builders are the ones that
really matter. Nico and I just talk about
Bitcoin stuff. I'm always more impressed by
people building cool stuff because that's what we really
need is people building out the the tools that we need to
actually usher in the, the Bitcoin world that we want to
see. And so kudos to you and everyone
else. But let's talk about some of
these hackathons because you're telling me you're going to have
a start up day. You have a hackathon coming on
up soon. So let's talk about those
details. Yeah.
So if you scroll at the very top, there's a start up date
button at the very top. We're going to be in Mexico City
next week. There'll be some new projects
coming out of there, some on Noster, some on Bitcoin, some on
Lightning. If you scroll a little down Opti
there, it shows all the people that are coming.
But yeah, we're going to have presentations, talks.
Johnny Ochoa, who's a local chef here in town will be there.
We'll be doing some, you know, some a keynote from Francisco
who who's doing a Bitcoin only exchange in Mexico and Latin
America. So it's going to be a ton of
fun. Highly recommend if anybody's in
the area or even if you're just like in South Texas, just take
the two hour flight and get down there.
This is going to be the first time there there ever is like
this big Bitcoin builder event in in Mexico.
So this is big for them. Not not too many Bitcoiners ever
come down there, but we're hoping that we can just start a
trend. That's dope bro.
Yeah. And then we have we have tab
comp. So tab comp is happening in
Atlanta in October. We're we'll be doing a hackathon
there with our friends at Zebedee.
So Andre and Santos and crew will be, you know, have some
prizes there and people will be able to build and hack and and
do all those sorts of things. But the other thing I wanted to
bring up was the pleb TV stuff. I don't know if we can talk
about that. Yeah, yeah, I got it here.
I'll pull it up right here. So this one, we're still in
beta, like it's still early. So we're we're we're doing this
kind of you kind of have to sign up because we're still testing a
lot of things. But what I will say about this
is we're trying to figure out a way to decentralize the kind of
video situation that we find ourselves in as, as creators.
So I know you guys have received a sort of a block or removal
from YouTube from time to time. And we're trying to get around
that. I, I think they're, they were
coming into this kind of place where everything's centralizing
and they're locking the gates behind us.
And so with the with the advent of like AI and some of these
other centralized entities that they kind of grow and spawn from
this, I think what we're gonna start seeing is a little bit
more of a gatekeeping and a little bit more of a censorship.
And that's just why like protocols like Nasser are so
important and Bitcoin is because with these two independent
tools, we'll be able to, you know, directly incentivize
content creators to come to our, to our side, basically the, the,
the, the, the right side of history.
And so right now pub TV still is early days, but our hope to get
to, to do is to get it to a point to where the average
person who's, you know, uploading to Rumble or X or, or
Twitter or whatever, or YouTube will automatically get a pub TV
account. And then from there, they'll be
able to earn Bitcoin doing it. So we want to make it as
frictionless as possible. It's a really high bar, but we
think that we can get there over time.
And, and right now we're kind of closely building towards that.
Right now we have a, we have like 258 titles on there and
stuff like that. And we're testing on the, on the
Prism side where you can send splits amongst people.
So we're still testing all that stuff.
And then hopefully early next year, we'll be able to
decentralize a lot of that video onto onto alternative server
servers, you know, all over the world.
That's tight. That's awesome.
And and I think that's incredibly important.
We just went through our first kind of deplatforming thing,
which I think was inevitable. So it just like that was a very
big wake up call to me personally as someone who runs a
Bitcoin media company, because I was like, holy shit.
And I, I remember I called in so many favours that that week I
went crazy on Twitter. We got published in Forbes, Zero
Hedge. I made so many calls and at one
point I even I tagged Jack on, on Noster.
I said, Jack, do you know anyone on YouTube?
Could you help out? And he just, he was just
probably like, no. And then what I didn't realize
is that he no, no, he was like, he was like nice about it.
He's like, no, I said, whatever. But what I didn't realize is
that he just had a talk with Odell in in Riga at like a
Noster conference talking about the importance of protocols over
social media. And I'm asking for help for a
centralized platform. And I'm like, and I'm like, OK,
that was a wake up call. So then I started going down the
rabbit hole and I and I do want to give credit where credit is
due. So a shout out to lightning
goats. I'm sorry if I pronounced this
incorrectly. Keyron Darth Coin for really
helping me, Walter America for helping me as well.
And the CEO of Primal as well. I am a butcher that how do you
pronounce his name? You know what I'm talking about,
car. Yeah, his.
I forget his name. It's so weird.
Mahjan Mahjan, shout out to him as well.
He helped out tremendously. So I make media guys.
I'm not a tech guy, but I was able to figure it out.
It reminds me of the first days of me getting into Bitcoin and
learning about self custody and going down like that rabbit hole
because I understand things on a conceptual basis very well.
On technical levels, I don't, but you really just need to
understand things conceptually and just going down the nostril
rabbit hole reminds me of the first days of me going down the
Bitcoin rabbit hole. Like there is so much
opportunity here and what you guys are building over at pleb
lab, pleb TV, further the centralization.
I think it's this is so important, like this is so
important because what I was talking about earlier, the
moment in history that we're in right now, where we're like in
the thick of the disintermediation of information
in the state, right? And you see them fighting back
like Rumble getting banned in Brazil, Rumble getting banned in
France, the CEO fleeing the fleeing Europe, the Telegram CEO
getting arrested, RFK junior giving historic speech, simply
Bitcoin being the platform. Like, I love that we, we have
some type of, you know, we're small compared to all these
entities and people, but you know, I'm, I'm glad that like
in, in the historical context, we're somewhat in there and.
Distributive information, Nico. And it's it's so so it's it's
like, you know, it's it's just crazy seeing all this.
And I can't believe this guy's 221 that we topped out at 221
live viewers on ZAP dot stream the first day that we streamed
to Noster via ZAP dot stream like incredible.
Blows my mind. So shout out to all the
alternative platforms, Noster ZAP dot stream, Rumble X.
Of course, we love YouTube, but you know, there's things on
YouTube that that are not exactly YouTube friendly.
We respect that it's a platform. They can make the rules, but and
we're grateful for them for having us.
But but yeah, these alternative platforms, man, alternative
platforms and protocols. I am I'm very optimistic about
so we don't have to put all our eggs in one basket.
And you know, this is something like pleb TVI don't understand.
I don't understand how it works exactly Carr, but is this
something that we could post simply Bitcoin videos to or?
ITMP stream. Yeah, forgive me for my
ignorance or stupid questions. Like I said, I'm a media guy,
not a tech guy. No, no, no.
I think what you said earlier about about the information, I
think that's the that's the part that they want to stop you from
from sharing Nico. So you're doing the Lords work
there. So just keep doing that.
But I think for the builder side, we need to make it easier
for you, the content creator to not have to think about this
stuff, right? Like when it comes to lightning,
like you don't have to think about a lot of the things when
you're using lightning, you just send a payment.
Same thing with Bitcoin. So on our side, we need to get
better at reducing that friction, those pain points.
And I think like you said earlier, you got into the
nostril thing and you found ZAP dot Stream.
I think ZAP dot stream is the best platform to start with
right now. I think over time we'll we'll
start unlocking some of the gates on our stuff because it's
still early. We were just trying to do a lot
of test stuff, but over time what will happen is you'll be
able to post just to YouTube and it'll automatically go to club
TV and you'll be earning zaps here and you won't have to
change anything. And that's where we really need
to get it to. It's going to take a lot of
time, but yeah, we have a lot of people focused on trying to get
that across the goal line, hopefully before the end of next
year. Yeah, I'm, I'm incredibly
excited, man. It's it's really awesome what
you're building. And and you did mention like how
can people support what you guys are doing?
How could people support Club Line?
Yeah, I think just getting a builder pass supports us.
I mean, we can get, we can get like 100 of those that'll keep
the lights on indefinitely. But yeah, I think just
supporting the lab anyway, can $0.20 goes a long way, $0.21
right now. We just ordered some more food
for the lab. So that's like 100 bucks.
Like the, the little small things help.
I mean, cause a lot of what we do here is just very grassroots
and everybody's working for free.
As you know, in Bitcoin. There's just a lot of
volunteers. So we're doing our best to to
take care of the builders and then kind of hold that line, you
know, so that way they can build in privacy and, and keep
building the the, the tools that we need for a lot of us to
survive this next few years. Man, it's going to be tough,
yeah. It, it, it is going to be tough.
I, I think you see them fighting so bad, so, so hard on the
information stuff. The I am like what I'm seeing
with the with the money. Like if you're seeing them fight
this hard on information like wait till we like wait till the
money thing starts to be threatened.
Like you saw that like Kenzian state economist, he's like
freaking out. He's like, it's so important.
Like, no, it's impossible. We get to decide what the fuck
money is. Like you saw him freaking out.
But like bitcoins are forcing function.
You can't like the your return on violence does not work when
something is decentralized. And most importantly, I think
that people, I'm going to say a couple things that are
controversial #1 Bitcoin is an idea, OK?
It's an idea. It's an idea that we can have a,
a non state money that can function and it's actually
better than state money, OK? I refuse to go back to that
previous system. There's a lot more people like
me and are on, and the amount of people that think like me
continues to grow by the day, right?
That's number one. Number two, and this is going to
be very controversial, but I'm sticking to it.
Bitcoin is the most powerful political movement the world has
ever seen since the introduction of Marxism in the mid 19th
century. I'm sticking to it.
I'm doubling down on it. And the reason for that is
inherently the separation of money and state is political.
And when people think about politics, what they're
referencing in their minds is, you know, the voting and left
versus right and all that stuff. And this.
No, no, no, this is a step above that because it doesn't require
voting in the traditional sense. It requires voting with your
wallet. And if a significant, if a big
enough percentage of the population opts out of state
money, you're going to effectuate change the likes of
which the world has never seen before.
And I think it's going to bring an era of human prosperity and
freedom we have never seen in world history because the state
has always had some type of control, right?
So anyways, I want to, I, I kind of want to just say those
things, whether you guys believe it or not.
Let us know down in the comments.
I want before we wrap it up, I want to see what the results of
the poll are. Opti.
Wait, wait, wait, wait, let's let's give car last last two.
No, no, we're we're gonna we're gonna give four last two stats.
I just want. To OK, so over here on YouTube,
we have a statistically relevant poll of 71 votes and 51% says
Nashville, 49% says Austin. So Jesus, it's pretty close.
It's pretty close. Wow, that is very close dude.
Holy cow. Okay anyways guys we are getting
to the top of the hour. I do want to give the man of the
hour car, the founder of Pleb Labs, the last words car.
What are your thoughts? I think you should come to
Austin. We have a circular by KNC
cattle. We have we have now we have
dairy, so you can get dairy delivered.
We have builders around here. So if you need anything built,
Technical Support, we got that. We have places around town that
you can buy groceries with stuff like that.
We also have meetups all over the place happening all over S
San Antonio and in Round Rock. So yeah, you should come to
Texas. And plus, we're we're a freedom
state. And plus Ben, the car man's in
Austin, so of course, I'm leaning towards Austin.
Dude, I am, I am this is this blows my mic. 221 live viewers
top viewers all time high on ZAP dot stream incredible rumble
topped out like 120. YouTube topped out roughly 300.
Then of course, X topped out maybe like close to 1000.
But this is this is we're going to keep doing this guys.
But yes, Austin or Nashville car.
I man, I'm I'm so I'm so divided.
I'm so conflicted. We we haven't made a decision,
we're going to talk about it, but I appreciate the warm invite
and we're definitely going to stop by the club lab while we're
there and perhaps maybe do a, a live show from there.
Yeah, dude, absolutely. I would.
I would say also we have Marty here.
So if you go to Nashville, you'll just have Odell and this
way you have Marty and Parker and everybody over here in
Austin. Yeah, I think you should come to
Austin. Appreciate it.
Well dude, thank you so much for coming on the show today guys.
Go check out our guests. We have car in the house.
Go check out his website, pleb lab dot DF.
I'm your host Nico's my Co host Optimus Fields.
We're simply Bitcoin live. This was your episode for
September 10th, 2024. If you guys enjoyed the show,
make sure to smash the like button.
Consider subscribing or following us, and we'll see you
tomorrow for a brand new episode of simply Bitcoin live and
tonight Opie and I are going to be reacting to the debate on
Rumble X and ZAP dot stream baby, we'll be back.
All right, everybody take care. You buy bitcoinwell.com, a
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