1 00:00:07,160 --> 00:00:09,720 It's. All going to zero against Big 2 00:00:09,720 --> 00:00:11,960 White. It's going up forever. 3 00:00:19,560 --> 00:00:21,760 You're against Bitcoin. You're against freedom. 4 00:00:23,870 --> 00:00:25,430 Yeah, welcome to some of the Bitcoin Live. 5 00:00:25,430 --> 00:00:27,510 We're number one source for the peaceful Bitcoin revolution. 6 00:00:27,510 --> 00:00:28,790 Code breaking news culture, Matic Warfare. 7 00:00:28,790 --> 00:00:31,150 We will be your guide through the separation of money in 8 00:00:31,150 --> 00:00:33,030 state. Speaking of the separation of 9 00:00:33,030 --> 00:00:37,750 money in state, China seems to be reversing course. 10 00:00:38,710 --> 00:00:41,070 You wouldn't expect that. I mean, if you've been paying 11 00:00:41,070 --> 00:00:43,790 attention. They've been kind of dropping 12 00:00:43,790 --> 00:00:45,390 some little hints here and there. 13 00:00:45,670 --> 00:00:49,070 We know by some data collected by CNNBCI. 14 00:00:49,070 --> 00:00:51,590 Think it was Mackenzie Sagalos who originally dropped the 15 00:00:51,590 --> 00:00:55,020 article. That it was estimated still 20% 16 00:00:55,020 --> 00:00:57,620 of the Bitcoin hash rate is still located in China even 17 00:00:57,660 --> 00:01:01,060 after the China ban. And then the news from Hong Kong 18 00:01:01,060 --> 00:01:04,940 started coming out, where Hong Kong seems to be trying to 19 00:01:04,940 --> 00:01:09,780 attract Bitcoin companies or Bitcoin and altcoin companies to 20 00:01:09,780 --> 00:01:14,220 set up shop in Hong Kong. And Hong Kong is a semi 21 00:01:14,260 --> 00:01:17,940 autonomous region, you know, supposedly it's one country, two 22 00:01:17,940 --> 00:01:20,830 systems. But they have been cracking down 23 00:01:20,830 --> 00:01:23,350 a lot on freedom of speech and all that stuff over there. 24 00:01:23,750 --> 00:01:27,270 They wouldn't be able to do this without Beijing's approval. 25 00:01:27,270 --> 00:01:29,830 And that that isn't just simply Bitcoin saying that. 26 00:01:29,830 --> 00:01:31,230 There's articles that have said that. 27 00:01:31,230 --> 00:01:33,190 Bloomberg has said that. I know, I know, another 28 00:01:33,190 --> 00:01:34,630 publication has said this as well. 29 00:01:36,230 --> 00:01:38,550 So I don't think it's a coincidence that literally a 30 00:01:38,550 --> 00:01:41,270 couple months later an article dropped out. 31 00:01:41,270 --> 00:01:44,510 It dropped originally in. It was originally in Mandarin. 32 00:01:45,290 --> 00:01:49,530 And then Yahoo News published the article late at midnight 33 00:01:50,330 --> 00:01:54,090 midnight today and it says China Court says virtual assets 34 00:01:54,130 --> 00:01:58,930 legally protected as properties. So you know this 180 basically 35 00:01:59,410 --> 00:02:04,770 we know that the CCP who is, you know the governing body of of 36 00:02:04,770 --> 00:02:08,210 mainland China or the governing political party, they absolutely 37 00:02:08,210 --> 00:02:11,009 hate Bitcoin. They're all hell bent on pushing 38 00:02:11,009 --> 00:02:13,290 for the central bank digital currency system. 39 00:02:13,800 --> 00:02:16,800 With the Social credit system, all that stuff, they don't like 40 00:02:16,800 --> 00:02:20,920 freedom, money. But this is something that Alex 41 00:02:20,920 --> 00:02:25,080 Gladstein has written about where he he wrote an article for 42 00:02:25,080 --> 00:02:28,160 Bitcoin Magazine called Bitcoin is the Trojan Horse for Freedom. 43 00:02:28,640 --> 00:02:33,080 And he made the case that NGU technology and freedom enabling 44 00:02:33,080 --> 00:02:36,400 technology, they're inextricably linked. 45 00:02:36,480 --> 00:02:40,320 You can't separate the two. I see AFI OPTI laughing in the 46 00:02:40,320 --> 00:02:42,600 background to my pronunciation. Sorry, not sorry. 47 00:02:44,300 --> 00:02:47,580 But I think this is a testament to bitcoins, incentives. 48 00:02:47,860 --> 00:02:51,540 And even if you are from one of the most totalitarian countries 49 00:02:51,540 --> 00:02:55,740 in the world, you know that we always hear that a nine Bukele 50 00:02:55,740 --> 00:02:57,860 is a dangerous democracy, a dangerous democracy. 51 00:02:57,980 --> 00:03:00,460 We never hear that about China for some reason don't even have 52 00:03:00,460 --> 00:03:05,810 democracy, right? So yeah, it's just, it's it's 53 00:03:05,810 --> 00:03:09,650 just interesting how bitcoins incentives are irresistible and 54 00:03:09,650 --> 00:03:11,970 this is actually one of opti's like famous lines, right? 55 00:03:11,970 --> 00:03:13,570 It's like you can't ban yourself. 56 00:03:15,610 --> 00:03:17,730 I forgot. Let me bring up Opti so that he 57 00:03:17,730 --> 00:03:18,970 could actually say the line Opti. 58 00:03:18,970 --> 00:03:22,770 How do you say it? Again, just to be clear, I 59 00:03:22,770 --> 00:03:24,690 didn't create this, I just propagate the meme. 60 00:03:24,690 --> 00:03:27,010 But you can't ban Bitcoin. You can only ban yourself from 61 00:03:27,010 --> 00:03:27,730 Bitcoin. Boom. 62 00:03:27,730 --> 00:03:29,610 Exactly right. So you can't ban Bitcoin, You 63 00:03:29,610 --> 00:03:31,890 can only ban. You can only exactly so. 64 00:03:32,530 --> 00:03:35,250 And then we see that with the hash rate, right, the people are 65 00:03:35,250 --> 00:03:36,890 willing to go to jail or mine Bitcoin. 66 00:03:36,890 --> 00:03:40,890 That's so crazy, right? And then there are some numbers 67 00:03:40,890 --> 00:03:44,250 that were coming out of finance that apparently it's like 20% of 68 00:03:44,250 --> 00:03:46,890 the exchange volume is still coming out of China, right. 69 00:03:46,890 --> 00:03:48,690 So it's it's it's some absurd amount. 70 00:03:49,210 --> 00:03:52,010 And this is Bitcoin's incentives and this is something that we've 71 00:03:52,010 --> 00:03:54,410 been propagating and this is something that we've been 72 00:03:54,410 --> 00:03:57,730 talking about for a very, very long time in the separation of 73 00:03:57,730 --> 00:03:59,970 money and stay in this process that we're all kind of living 74 00:03:59,970 --> 00:04:03,490 through these days. Is what they have is coercion. 75 00:04:03,930 --> 00:04:07,850 They can coerce people into using state money to using money 76 00:04:07,850 --> 00:04:10,650 that has control surveillance, inflation built in. 77 00:04:11,410 --> 00:04:14,370 But Bitcoiners don't have to rely on coercion. 78 00:04:14,530 --> 00:04:17,930 We just have incentives. Our money has a better incentive 79 00:04:17,930 --> 00:04:20,570 structure. And I think that's why at the 80 00:04:20,570 --> 00:04:22,770 end of the day, we're going to win this thing eventually. 81 00:04:23,570 --> 00:04:26,690 The only question is how long is it going to take and how painful 82 00:04:26,690 --> 00:04:29,890 is it going to be? And that's just, that's the big 83 00:04:29,890 --> 00:04:33,480 question, right? Corey Clipson from Swan wrote 84 00:04:33,480 --> 00:04:36,320 this amazing article, highly recommended called The Race to 85 00:04:36,320 --> 00:04:39,760 avoid the War. And he's talking about we have 86 00:04:39,760 --> 00:04:43,640 to we have to rid in the race. We have to get in a a minority 87 00:04:43,640 --> 00:04:46,680 of people, an intransigent minority that's not willing to 88 00:04:46,680 --> 00:04:50,160 bend on a certain issue that is holding bitcoiners that that's 89 00:04:50,160 --> 00:04:52,960 holding Bitcoin and they're not willing to bend. 90 00:04:52,960 --> 00:04:55,920 They're just saying like look like I I this is, you know like 91 00:04:55,920 --> 00:04:57,480 this is my wealth, this is my future. 92 00:04:57,480 --> 00:04:59,120 This is the money I I decide to use. 93 00:04:59,560 --> 00:05:03,760 And then it becomes in a voting issue a policy issue that just 94 00:05:03,760 --> 00:05:07,480 doesn't move The the example that I would give for you guys 95 00:05:07,480 --> 00:05:11,800 is the gun lobby in the United States like look how hard it is 96 00:05:11,800 --> 00:05:14,080 to pass a gun. Whether you agree with them or 97 00:05:14,080 --> 00:05:15,320 not. Obviously you guys know we're 98 00:05:16,320 --> 00:05:18,680 we're freedom maxi. So I'm I'm a big fan of the 99 00:05:18,680 --> 00:05:22,040 Second Amendment personally, but I respect people's different 100 00:05:22,560 --> 00:05:24,640 differing of of of opinions, of course. 101 00:05:25,960 --> 00:05:29,800 But you know, look how hard it is to pass a, you know, gun laws 102 00:05:29,800 --> 00:05:31,160 in the US It's almost impossible. 103 00:05:31,160 --> 00:05:32,280 Why? Because there's a, there's a 104 00:05:32,280 --> 00:05:36,600 good amount of people that are big fans of guns in the US, So 105 00:05:36,600 --> 00:05:38,280 it's like impossible to pass a law. 106 00:05:38,880 --> 00:05:43,000 Hopefully Bitcoin gets there sooner rather than later. 107 00:05:43,760 --> 00:05:45,880 So anyways, it's very interesting development from 108 00:05:45,880 --> 00:05:47,360 China. And again, I think it's just a 109 00:05:47,360 --> 00:05:51,200 testament of bitcoins, and it's an example of bitcoins 110 00:05:51,920 --> 00:05:53,400 incentives. Wow, it's Monday. 111 00:05:54,080 --> 00:05:56,360 Getting going. I drank some coffee on holiday. 112 00:05:56,360 --> 00:05:59,320 Nikko usually doesn't drink coffee, and I drank coffee this 113 00:05:59,320 --> 00:06:00,640 morning. Well, let's be clear. 114 00:06:00,640 --> 00:06:03,480 That was more sugar water than coffee, but we'll let it slide. 115 00:06:04,240 --> 00:06:06,760 Yeah, yeah, I like. I like my Frappuccinos, bro. 116 00:06:06,920 --> 00:06:09,000 I like my Frappuccinos. Anyways, we have Mickey. 117 00:06:09,320 --> 00:06:13,840 Mickey is part of the corporate media machine, so we convinced 118 00:06:13,840 --> 00:06:18,030 him to come on the show today. But do not believe anything that 119 00:06:18,030 --> 00:06:18,870 comes. I'm just kidding. 120 00:06:19,030 --> 00:06:21,830 Mickey, thank you so much for coming, for coming on the show, 121 00:06:22,110 --> 00:06:25,270 He writes for Forbes. He originally sent me a message 122 00:06:25,950 --> 00:06:28,310 saying that, look, you guys are not looking at it. 123 00:06:29,710 --> 00:06:33,270 You know, the you guys aren't looking at the how the legacy 124 00:06:33,270 --> 00:06:36,710 media is covering this 100% fairly so, said Mickey. 125 00:06:36,990 --> 00:06:38,630 Come on the show, let's talk about it. 126 00:06:38,630 --> 00:06:41,390 Let's have a discussion. So we're honored to have him on 127 00:06:41,390 --> 00:06:42,830 today. Mickey, thank you so much for 128 00:06:42,830 --> 00:06:43,990 joining us. Yeah. 129 00:06:43,990 --> 00:06:46,140 Thanks for having me. I appreciate it, bro. 130 00:06:46,260 --> 00:06:48,260 So why don't you tell everybody a little bit you know about who 131 00:06:48,260 --> 00:06:53,660 you are and you know and like what you doing and etcetera. 132 00:06:54,420 --> 00:07:00,100 Yeah, so sort of quintessential pleb who got sort of sick of his 133 00:07:00,100 --> 00:07:04,860 job about a year and a half ago, but I but I owed some time, 134 00:07:04,940 --> 00:07:08,260 right. And so sort of that low time 135 00:07:08,380 --> 00:07:11,740 preference way of exit you know trying to figure out proof of 136 00:07:11,740 --> 00:07:16,030 work project. So reached out to some companies 137 00:07:16,030 --> 00:07:19,830 they weren't really interested in in free labor but then I 138 00:07:19,830 --> 00:07:25,870 stumbled on Bitcoin magazines article submission guidelines 139 00:07:26,070 --> 00:07:30,710 and so almost a year and a half ago just randomly found that 140 00:07:30,950 --> 00:07:36,770 started writing for Bitcoin Mag. And then now about a year and a 141 00:07:36,770 --> 00:07:41,930 half later I have almost 70 articles published across 142 00:07:41,930 --> 00:07:47,410 Bitcoin Magazine, Bitcoin news.com, Citadel 21 and now 143 00:07:47,450 --> 00:07:51,810 most recently Forbes. So just just a proof of work 144 00:07:51,810 --> 00:07:55,570 project essentially trying trying to get Bitcoin company's 145 00:07:55,570 --> 00:08:00,690 attention and sort of spiraled into this I guess. 146 00:08:01,550 --> 00:08:03,190 That's awesome. Well, happy to have you on the 147 00:08:03,190 --> 00:08:05,790 show today and OPT, I'm assuming that's we're gonna talk about 148 00:08:05,790 --> 00:08:08,830 during the culture. We are going to go hard on 149 00:08:08,830 --> 00:08:11,510 Bitcoin versus the corporate press and having bitcoiners 150 00:08:11,550 --> 00:08:13,070 everywhere. We are everywhere. 151 00:08:13,710 --> 00:08:15,710 Where everywhere we're slowly we're slowly taking over the 152 00:08:15,710 --> 00:08:17,310 world. Guys, if you're enjoying the 153 00:08:17,310 --> 00:08:19,150 show, make sure to smash that like button. 154 00:08:19,270 --> 00:08:22,830 Help us maintain our trend of breaking 100 likes within the 155 00:08:22,830 --> 00:08:25,610 first hour. I think Opti, I think we've we 156 00:08:25,610 --> 00:08:28,370 we've been like a month consistently of of breaking. 157 00:08:28,370 --> 00:08:30,090 I don't know if. I don't know if we're ever going 158 00:08:30,090 --> 00:08:33,490 back. Opti broke Opti and Ruston the 159 00:08:33,490 --> 00:08:37,450 day that I was out. Opti and Ruston broke 200 likes 160 00:08:37,450 --> 00:08:39,890 within the first hour. So if you guys are enjoying the 161 00:08:39,890 --> 00:08:42,730 show and join the content, help us with the YouTube algorithms 162 00:08:42,730 --> 00:08:44,930 and the rumble algorithms and the Twitter algorithms. 163 00:08:45,130 --> 00:08:48,210 Smash that like button. Give give the video of a like if 164 00:08:48,210 --> 00:08:50,610 you're enjoying the content. Anyways, everybody, no more 165 00:08:50,610 --> 00:08:52,330 delay. Let's jump straight into the new 166 00:08:52,330 --> 00:08:54,090 into the numbers. We got a lot to talk about 167 00:08:54,090 --> 00:08:58,370 today. The Bitcoin numbers. 168 00:08:58,810 --> 00:09:01,690 Is your Bitcoin and cold storage really secure? 169 00:09:01,810 --> 00:09:04,330 Is your seed phrase really secure? 170 00:09:04,450 --> 00:09:07,170 Stamp seeds? Doityourself kit has everything 171 00:09:07,170 --> 00:09:10,770 you need to hammer your seed words into commercial grade 172 00:09:10,930 --> 00:09:14,570 titanium plates instead of just writing them on paper. 173 00:09:14,850 --> 00:09:18,050 Don't store your generational wealth on paper. 174 00:09:18,450 --> 00:09:21,010 Papers prone to water damage. Fire damage. 175 00:09:21,210 --> 00:09:23,410 You want to put your generational wealth on one of 176 00:09:23,410 --> 00:09:26,530 the strongest metals on planet earth, Titanium. 177 00:09:26,530 --> 00:09:29,690 Your words are actually stamped into this metal plate with this 178 00:09:29,690 --> 00:09:33,130 hammer and these letter stamps. And once your words are in, they 179 00:09:33,130 --> 00:09:36,050 aren't going anywhere. No risk of the plate breaking 180 00:09:36,050 --> 00:09:38,450 apart and pieces falling everywhere. 181 00:09:38,650 --> 00:09:41,890 Titanium stamp seeds will survive nearly triple the heat 182 00:09:41,890 --> 00:09:44,370 produced by a house fire. They're also crush proof, 183 00:09:44,370 --> 00:09:47,050 waterproof, non corrosive, and time proof. 184 00:09:47,050 --> 00:09:49,730 All things that paper is. Not allowing you to huddle your 185 00:09:49,730 --> 00:09:52,730 Bitcoin with Peace of Mind for the long haul. 186 00:09:52,850 --> 00:09:57,770 Stamp your seed on stamp Seed. All right everybody, I made it 187 00:09:57,770 --> 00:10:00,690 super easy for you guys. You actually have no excuse 188 00:10:00,690 --> 00:10:03,090 whatsoever. You could scan the QR code on 189 00:10:03,090 --> 00:10:04,570 your screen. It will take you directly to the 190 00:10:04,570 --> 00:10:08,850 Stamp Seed website where you can buy yourself a Titanium Seed 191 00:10:08,850 --> 00:10:11,600 phrase storage kit. So that you don't have to store 192 00:10:11,600 --> 00:10:13,480 your generational wealth on paper. 193 00:10:13,480 --> 00:10:16,280 So you don't have to explain it to your grandchildren why you 194 00:10:16,280 --> 00:10:19,400 lost your generational wealth because your dog ate it, or you 195 00:10:19,400 --> 00:10:21,440 dropped it in water, or there was a fire. 196 00:10:22,210 --> 00:10:24,090 You put it on titanium, it ain't going anywhere. 197 00:10:24,210 --> 00:10:26,170 Anyways, at the time we're recording the Bitcoin prices 198 00:10:26,170 --> 00:10:34,770 25,835 sats per dollar 3871 block height 806,220 blocks to 199 00:10:34,770 --> 00:10:40,490 having 33,780 having estimate April 21st 2024 Total lightning 200 00:10:40,490 --> 00:10:46,610 network capacity 4705 Bitcoin capacity value 121 million U.S. 201 00:10:46,610 --> 00:10:48,490 dollars. Realize monetary inflation. 202 00:10:48,610 --> 00:10:52,090 Oh, it went down once again 1.75. 203 00:10:52,170 --> 00:10:54,210 Percent, I think when OPTI and I started covering that it was at 204 00:10:54,210 --> 00:10:57,250 like 1.79, it just trickles down. 205 00:10:57,850 --> 00:11:00,450 It's going down. Continuing to embarrass Fiat 206 00:11:00,450 --> 00:11:03,090 currencies. The market capitalization of 207 00:11:03,090 --> 00:11:09,450 Bitcoin $503 billion with a B Bitcoin versus gold market cap 208 00:11:09,610 --> 00:11:13,490 3.89%. Can't wait for that number to be 209 00:11:13,490 --> 00:11:16,050 over 100%. That's going to feel very, very 210 00:11:16,050 --> 00:11:17,130 good. I don't know what Peter Ships 211 00:11:17,130 --> 00:11:20,070 going to do at that time. Maybe that's the moment where he 212 00:11:20,070 --> 00:11:21,910 has to admit the feat. I don't think he'll ever admit 213 00:11:21,910 --> 00:11:25,870 the feat, unfortunately. Anyways, I mean, unfortunately 214 00:11:25,870 --> 00:11:28,230 for him, it is what it is. Okay. 215 00:11:28,270 --> 00:11:30,990 So this is CK Snarks used to be with Bitcoin Magazine. 216 00:11:31,030 --> 00:11:33,630 Good friend of mine, good person, awesome Bitcoiner. 217 00:11:33,990 --> 00:11:38,310 And he tweeted this video about Dylan Leclerc. 218 00:11:38,310 --> 00:11:41,990 And Dylan Leclerc had a presentation at the Baltic Honey 219 00:11:41,990 --> 00:11:44,830 Badger Bitcoin Conference in Riga. 220 00:11:45,680 --> 00:11:47,120 It's one of my favorite Bitcoin conferences. 221 00:11:47,120 --> 00:11:50,640 I haven't gone yet, but there was this panel. 222 00:11:50,920 --> 00:11:54,400 It was started with Giacomo Zuko and he absolutely nailed it. 223 00:11:55,480 --> 00:11:58,600 So they had some some of the best panels I've seen at a 224 00:11:58,600 --> 00:12:00,440 Bitcoin conference. It was really cool. 225 00:12:00,640 --> 00:12:04,920 But anyways, Dylan absolutely crushed this this presentation 226 00:12:04,920 --> 00:12:06,400 that he had. I thought it was super 227 00:12:06,400 --> 00:12:09,300 fascinating. Anyways, so let's check out the 228 00:12:09,300 --> 00:12:11,340 video. It's about a minute, 30 seconds, 229 00:12:11,340 --> 00:12:13,220 and then we'll kind of just talk about it. 230 00:12:13,220 --> 00:12:15,220 Let's check it out. Office from the United States, 231 00:12:15,220 --> 00:12:17,820 their projections for debt to GDP and deficits at the percent 232 00:12:17,820 --> 00:12:20,300 of GDP. This is their best estimate. 233 00:12:20,500 --> 00:12:22,460 Like they're they're padding the numbers here. 234 00:12:22,940 --> 00:12:25,420 Best estimates, right? So. 235 00:12:25,900 --> 00:12:29,140 So the debt is going up forever. The dollar is going down 236 00:12:29,140 --> 00:12:30,580 forever. That sounds like an outrageous 237 00:12:30,580 --> 00:12:31,380 statement. It's not. 238 00:12:31,380 --> 00:12:34,440 They're telling you this. There's there's been 52 239 00:12:34,440 --> 00:12:38,840 instances of countries over 100 and 2000 and 30% debt to GDP 240 00:12:39,480 --> 00:12:43,320 ever, and 51 of them have defaulted explicitly or 241 00:12:43,320 --> 00:12:45,600 implicitly, either by not paying their debt at all. 242 00:12:45,600 --> 00:12:48,160 Just saying, sorry, I can't pay you, or just currency 243 00:12:48,160 --> 00:12:50,920 devaluation is how you get out. the US has a money printer, so 244 00:12:50,920 --> 00:12:52,040 it's going to be option 2. They're. 245 00:12:52,520 --> 00:12:54,080 Going to devalue the hell out of the currency. 246 00:12:54,880 --> 00:12:59,640 So this is to say that Bitcoin is going to Nestle itself on the 247 00:12:59,640 --> 00:13:02,750 asset side of the global balance sheet is going to continue to 248 00:13:02,790 --> 00:13:03,950 get bigger and bigger and bigger. 249 00:13:03,950 --> 00:13:09,230 And this is our Trojan horse, the ETF investment banks, yes, 250 00:13:10,030 --> 00:13:12,230 we, we're going to encourage them to come in. 251 00:13:12,510 --> 00:13:14,950 They're going to Nestle it on the asset side of their balance 252 00:13:14,950 --> 00:13:17,590 sheet instead of paying down the liabilities. 253 00:13:17,830 --> 00:13:20,550 It's going to grow as a greater and greater share of that asset 254 00:13:20,830 --> 00:13:25,030 until it is systematically important as an asset, just as 255 00:13:25,030 --> 00:13:29,910 housing is, just as equities now are as as on the asset side of 256 00:13:29,910 --> 00:13:30,990 that. Balance sheet, right? 257 00:13:31,360 --> 00:13:35,840 Equities are systemically important for us, individuals, 258 00:13:36,800 --> 00:13:41,960 pensions, 401 KS, etc, right. So Bitcoin, this is a natural 259 00:13:41,960 --> 00:13:45,920 progression, there's nothing we can do to stop it and it's a 260 00:13:45,920 --> 00:13:47,840 welcome development. It's a natural path of its 261 00:13:47,840 --> 00:13:50,880 monetization. So sorry I went a little bit 262 00:13:50,880 --> 00:13:52,160 over, but appreciate everyone's time. 263 00:13:52,240 --> 00:13:54,990 Thanks. Dude, I mean, I think he 264 00:13:54,990 --> 00:13:58,630 absolutely nailed it the way that that he was describing. 265 00:13:58,630 --> 00:14:02,590 And I think, you know, I I think it's not only him speculating 266 00:14:02,590 --> 00:14:04,510 and seeing this, I think we're seeing this already. 267 00:14:04,510 --> 00:14:07,630 I think you're seeing this with the interest from BlackRock, 268 00:14:07,630 --> 00:14:11,910 with Fidelity, you know it All these people that were talking 269 00:14:11,910 --> 00:14:16,110 shit about Bitcoin last cycle are now kind of, you know, 270 00:14:16,230 --> 00:14:19,410 capitulating. Including the Chinese government 271 00:14:19,410 --> 00:14:22,050 apparently, right. And I think that again, once 272 00:14:22,050 --> 00:14:24,930 again that's just a testament to Bitcoins incentives. 273 00:14:24,930 --> 00:14:27,490 I think it it it just, it just has better incentives. 274 00:14:27,490 --> 00:14:31,050 So and then Safety Dean, we actually showed you guys the 275 00:14:31,050 --> 00:14:34,490 tweet last week, right. And everyone was talking about 276 00:14:34,490 --> 00:14:37,890 how he was basically referencing how BlackRock is like this like 277 00:14:37,890 --> 00:14:42,130 Evil Empire stuff like that. I think BlackRock and I think 278 00:14:42,130 --> 00:14:45,010 the Container Conference, also known as the World Economic 279 00:14:45,010 --> 00:14:47,480 Forum. I think all of those are 280 00:14:47,480 --> 00:14:52,680 symptoms of the Fiat system. I I I don't necessarily people. 281 00:14:53,160 --> 00:14:56,520 I don't believe that most people are inherently necessary evil. 282 00:14:56,560 --> 00:14:59,320 I don't think that like they're twirling their mustaches saying 283 00:14:59,760 --> 00:15:03,760 let's take over the world. I think that the Fiat, the Fiat 284 00:15:03,760 --> 00:15:08,520 system enables this and it incentivizes it and this is the 285 00:15:08,520 --> 00:15:11,840 results that you get. And I think under a Bitcoin 286 00:15:11,840 --> 00:15:15,790 system you get. Alignment of incentives and you 287 00:15:15,790 --> 00:15:18,190 get different types of behavior, right. 288 00:15:18,350 --> 00:15:23,230 It incentivizes you to actually play by the rules because it's 289 00:15:23,230 --> 00:15:27,550 more profitable for you as an individual and you by doing 290 00:15:27,550 --> 00:15:29,350 that, it actually helps everybody else. 291 00:15:29,350 --> 00:15:33,750 So like, everyone can win. Now that doesn't mean that you 292 00:15:33,750 --> 00:15:38,550 know, a pleb that buys that only has $100 worth of it only has 293 00:15:38,550 --> 00:15:42,080 $100 to DCA every month. Is going to, you know, be as 294 00:15:42,080 --> 00:15:44,720 wealthy as Michael Saylor. That's leveraging his company to 295 00:15:44,880 --> 00:15:48,640 buy an, like a ungodly amount of Bitcoin, right? 296 00:15:48,800 --> 00:15:53,280 But still you, still you and Saylor are equal in the sense 297 00:15:53,280 --> 00:15:56,880 that if Saylor wants more Bitcoin, he has to mine it, earn 298 00:15:56,880 --> 00:16:00,640 it or buy it just like everybody else. 299 00:16:01,120 --> 00:16:06,560 He doesn't have this privilege of being able to benefit from, 300 00:16:06,640 --> 00:16:08,600 you know, the money printer, which is this privilege that a 301 00:16:08,600 --> 00:16:11,640 lot of politicians have. And a lot of people that are 302 00:16:11,640 --> 00:16:14,840 companies and contractors that get close to that money spicket, 303 00:16:15,160 --> 00:16:16,600 they benefit from this privilege. 304 00:16:16,840 --> 00:16:19,640 And I think that privilege in itself breaks the world in a 305 00:16:19,640 --> 00:16:22,160 way. And I think that it you see a 306 00:16:22,160 --> 00:16:24,400 lot of evil coming out, you see endless wars. 307 00:16:24,400 --> 00:16:28,240 It it all comes from money. Like if you kind of like go down 308 00:16:28,240 --> 00:16:30,920 that rabbit hole is a crazy, crazy rabbit hole because you 309 00:16:30,920 --> 00:16:34,120 start to have all these realizations that that saying 310 00:16:34,120 --> 00:16:35,960 right fix the money, fix the world. 311 00:16:36,280 --> 00:16:40,570 It is extremely true anyways. I think Dylan absolutely nailed 312 00:16:40,570 --> 00:16:42,010 it. I know I went a little bit on a 313 00:16:42,010 --> 00:16:45,530 tangent but it is Monday. Have to have to get the the 314 00:16:45,570 --> 00:16:47,970 engine revved up. Anyways, Opti, what's your take? 315 00:16:50,090 --> 00:16:53,770 Yeah, so absolutely love Dylan. Shout out to Dylan. 316 00:16:53,770 --> 00:16:56,410 It's absolutely killing it. And we knew that the 317 00:16:56,410 --> 00:16:58,770 financialization of Bitcoin was inevitable. 318 00:16:59,170 --> 00:17:02,530 And I find it very interesting that there is so many people 319 00:17:02,530 --> 00:17:04,890 that are fighting this on Twitter because like we knew it 320 00:17:04,890 --> 00:17:07,050 had to go this way. Like this is the natural process 321 00:17:07,050 --> 00:17:08,970 of Bitcoin becoming the world reserve asset. 322 00:17:09,359 --> 00:17:13,040 So it's just very interesting to see people have a kneejerk 323 00:17:13,040 --> 00:17:16,640 reaction by, you know, just hating so much on these 324 00:17:16,640 --> 00:17:19,280 institutions coming in and and embracing Bitcoin. 325 00:17:19,280 --> 00:17:21,079 Because we knew that this would happen. 326 00:17:21,480 --> 00:17:25,599 And This is why we are so big on the Bitcoin entrepreneurs out 327 00:17:25,599 --> 00:17:29,000 there, that they make the tools so that, you know, the 328 00:17:29,160 --> 00:17:32,400 inevitable scariness that comes with this, the rehypothecation, 329 00:17:32,400 --> 00:17:36,120 all that stuff that we basically fight every single day of 330 00:17:36,120 --> 00:17:38,930 bitcoiners, that. Cause Bitcoin in the 1st place 331 00:17:38,930 --> 00:17:41,610 doesn't happen again. And so This is why we constantly 332 00:17:41,610 --> 00:17:44,970 tell you guys to you know, not get complacent and yes also not 333 00:17:44,970 --> 00:17:46,930 embrace the institutions too much. 334 00:17:46,930 --> 00:17:48,890 But again, we knew this was going to happen. 335 00:17:48,890 --> 00:17:51,490 So just stay vigilant, run a node, make sure you're running a 336 00:17:51,490 --> 00:17:53,210 node. Uncle junior family, take your 337 00:17:53,210 --> 00:17:56,650 Bitcoin into self custody. And of course guys like don't 338 00:17:56,650 --> 00:17:59,530 sell your Bitcoin to these institutions like huddle through 339 00:17:59,530 --> 00:18:01,930 the huddle buyout zone. Enjoy the ride. 340 00:18:01,930 --> 00:18:05,200 It's going to be fun. And just just keep stacking 341 00:18:05,200 --> 00:18:08,560 guys. And yes I know we all have hopes 342 00:18:08,640 --> 00:18:12,280 of our measly stacks to one day make us the Michael sailors of 343 00:18:12,280 --> 00:18:14,040 the world. But you need to continue to 344 00:18:14,040 --> 00:18:15,680 stack. You need to continue to get your 345 00:18:15,680 --> 00:18:18,640 cash flows up, continue to provide value and saving 346 00:18:18,640 --> 00:18:21,640 Bitcoin, that's that's literally all you have to do as a 347 00:18:21,640 --> 00:18:25,560 bitcoiner is just constantly have some excess and save it in 348 00:18:25,560 --> 00:18:27,040 Bitcoin. Make sure your profits go into 349 00:18:27,040 --> 00:18:30,320 Bitcoin, make sure more people know that there is a solution to 350 00:18:30,320 --> 00:18:32,360 this stuff. But again, it just it's. 351 00:18:32,770 --> 00:18:37,130 I find it interesting how there is so much, I don't know, knee 352 00:18:37,130 --> 00:18:40,010 jerk reactions and hate towards this stuff happening when like 353 00:18:40,010 --> 00:18:43,450 we knew this was going to happen eventually and here we are like 354 00:18:43,450 --> 00:18:46,490 it's happening now and moving forward this next year, next 355 00:18:46,490 --> 00:18:48,210 year and a half, two years or whatever. 356 00:18:48,490 --> 00:18:50,810 It's going to be very interesting to see the Bitcoin 357 00:18:50,810 --> 00:18:54,530 price react to the craziness of the world and the fact that all 358 00:18:54,530 --> 00:18:56,330 this capital is flowing into Bitcoin. 359 00:18:56,330 --> 00:19:00,170 So hey man, it's going to be a fun, fun bull run as far as I'm 360 00:19:00,170 --> 00:19:02,990 concerned. 100%, Mickey, what's your take on all this? 361 00:19:05,670 --> 00:19:10,870 So I mean with the state of like federal deficit, you know even 362 00:19:10,870 --> 00:19:14,670 if government spending froze at the level it was today, just 363 00:19:14,670 --> 00:19:16,950 just the fact that they're paying a trillion dollars on 364 00:19:16,950 --> 00:19:18,790 interest and they have that deficit. 365 00:19:19,310 --> 00:19:22,910 The the federal debt is sort of going to grow every single year 366 00:19:23,270 --> 00:19:29,510 even if nothing else does. And and as with with interest 367 00:19:29,510 --> 00:19:33,210 rates kind of higher than they've been in like the past 20 368 00:19:33,210 --> 00:19:36,530 years, interest on the debt and then and then the other debt is 369 00:19:36,530 --> 00:19:40,570 just it that's the debt spiral that that Greg Foss talks about 370 00:19:40,570 --> 00:19:42,770 all the time. And so people say higher for 371 00:19:42,770 --> 00:19:44,970 longer with the Fed. But I I really think it's going 372 00:19:44,970 --> 00:19:46,650 to sort of force their hand, right. 373 00:19:47,290 --> 00:19:50,490 And then once yields sort of collapse back to where they've 374 00:19:50,490 --> 00:19:53,290 been for the past 20 years. I I think it's going to start 375 00:19:53,290 --> 00:19:56,890 incentivizing, you know, banks and institutions to start diving 376 00:19:56,890 --> 00:20:00,370 into Bitcoin with more seriousness and more urgency. 377 00:20:02,010 --> 00:20:03,730 Because they saw what happened last time. 378 00:20:03,730 --> 00:20:06,210 So they they had the yields collapse, they're sort of 379 00:20:06,210 --> 00:20:09,050 levered up and then banks went out of business when the yields 380 00:20:09,050 --> 00:20:12,050 went back up because it crashed bond prices. 381 00:20:12,050 --> 00:20:17,130 And so they're going to need some collateral that's going to 382 00:20:17,130 --> 00:20:19,850 help them sort of shore up their balance sheets, and I think 383 00:20:19,850 --> 00:20:24,850 that's going to be a Bitcoin. Yeah, I I I 100% all roads lead 384 00:20:24,850 --> 00:20:28,410 to Bitcoin. I agree with that, that, that. 385 00:20:28,890 --> 00:20:32,450 Like that graphic and I think it was originally Lynn that posted 386 00:20:32,450 --> 00:20:35,410 and one of her tweets went absolutely viral about what the 387 00:20:35,410 --> 00:20:40,570 projected you know debt to GDP was going to be and like clearly 388 00:20:40,570 --> 00:20:43,450 that's unsustainable and they don't even I don't think they 389 00:20:43,450 --> 00:20:45,650 have a solution to that and I think Dylan said it's like their 390 00:20:45,650 --> 00:20:49,170 solution is to print if they continue to print money. 391 00:20:49,650 --> 00:20:51,610 We've always said it on the simply it's it's a wealth or 392 00:20:51,610 --> 00:20:54,010 distribution mechanism from the lower and middle classes that 393 00:20:54,010 --> 00:20:57,370 don't have the means to save an assets to the very wealthy. 394 00:20:57,740 --> 00:20:59,020 And back to the government, right. 395 00:20:59,660 --> 00:21:04,020 And and you know and I think everyone sees this and if 396 00:21:04,020 --> 00:21:06,860 Bitcoin is is the way out, Bitcoin is the solution to this. 397 00:21:07,020 --> 00:21:09,620 But but you just have to choose. It's it's not a political 398 00:21:09,620 --> 00:21:13,220 solution because regardless of what what what political party 399 00:21:13,220 --> 00:21:15,740 gets in power like the issue remains the same. 400 00:21:16,060 --> 00:21:19,660 I think right now it's just it's just opt out just just opt out 401 00:21:19,660 --> 00:21:23,660 of the system entirely. In my experience, I'm sure Opti 402 00:21:24,340 --> 00:21:26,420 you agree with this really takes about like four years. 403 00:21:26,950 --> 00:21:29,630 To like start really feeling the benefits, like takes a full 404 00:21:29,630 --> 00:21:31,230 cycle. Like obviously if you get in now 405 00:21:31,630 --> 00:21:34,910 and you know the next bull markets estimate to be 2025 or 406 00:21:34,910 --> 00:21:37,510 whatever, you know you don't have to wait that long. 407 00:21:37,830 --> 00:21:40,750 But most people don't get in at like the bottom of the bear 408 00:21:40,750 --> 00:21:42,630 market. Most people get in in the middle 409 00:21:42,630 --> 00:21:44,310 of the bull market. But it does take about four 410 00:21:44,310 --> 00:21:47,070 years to like really start feeling the benefits in my 411 00:21:47,070 --> 00:21:49,550 opinion of like switching to a Bitcoin standard. 412 00:21:49,830 --> 00:21:52,350 It's not easy. I think it's easy on paper. 413 00:21:52,350 --> 00:21:54,270 Like if I told you all you got to do is Hoddle. 414 00:21:54,640 --> 00:21:55,680 Like, you're like, oh, that's so easy. 415 00:21:55,680 --> 00:21:59,040 But like psychologically, like, it does take you through a 416 00:21:59,040 --> 00:22:02,360 roller coaster. And your friends and family, you 417 00:22:02,360 --> 00:22:04,840 know, they call you crazy for the first couple of years. 418 00:22:04,840 --> 00:22:07,680 You know, like my, my my girlfriend who's now my fiancee, 419 00:22:08,080 --> 00:22:09,520 you know, she's like, dude, this is nuts. 420 00:22:09,520 --> 00:22:11,520 Like this is whatever. Like it was only until, like 421 00:22:11,520 --> 00:22:13,840 number go up technology was doing it since she's like, I 422 00:22:13,840 --> 00:22:16,400 love Bitcoin. I'm a hardcore bitcoiner now, 423 00:22:16,400 --> 00:22:19,840 but for the first couple of years, you know the people 424 00:22:19,840 --> 00:22:22,120 around you like, they they're like, dude, this guy's fucking 425 00:22:22,120 --> 00:22:25,850 crazy, you know? So, but again like. 426 00:22:26,290 --> 00:22:29,250 Well, to be fair, Nico, we do usually act crazy once we have 427 00:22:29,250 --> 00:22:31,250 their epiphany of Bitcoin fixing everything. 428 00:22:31,250 --> 00:22:34,610 We just like, run in the streets like, yo, it's Bitcoin stupid. 429 00:22:34,610 --> 00:22:36,570 Listen to me. And you need to go all in on 430 00:22:36,570 --> 00:22:38,290 Bitcoin. And it's like, yeah, then you 431 00:22:38,290 --> 00:22:40,850 get over that hump a little bit and you're like, OK, maybe I 432 00:22:40,850 --> 00:22:43,290 need to work on my messaging a little bit and, you know, 433 00:22:43,290 --> 00:22:45,570 realize that I don't. Have to yell at people 434 00:22:45,570 --> 00:22:46,930 constantly. Shade it, dude. 435 00:22:46,970 --> 00:22:49,930 I don't give at this point. I'm just like, bro, like, you 436 00:22:49,970 --> 00:22:52,650 know, I'm gonna make content like this and this and that, but 437 00:22:52,690 --> 00:22:54,130 you know, like. I don't know. 438 00:22:54,130 --> 00:22:56,330 I don't even bring it up to my normie friends anymore, You 439 00:22:56,330 --> 00:22:59,050 know, because it's just like, you know, they're going to tell 440 00:22:59,050 --> 00:23:02,250 you like that meme of that guy, like where you like, tell him 441 00:23:02,250 --> 00:23:04,850 like money's broken, It's a Federal Reserve is fucking up 442 00:23:04,850 --> 00:23:06,490 everything. And the guy's, look, he's like 443 00:23:06,490 --> 00:23:09,250 grilling burgers. He's like, that's so crazy. 444 00:23:09,250 --> 00:23:12,290 Score of the game. Last night like, you know, like 445 00:23:12,290 --> 00:23:15,410 I feel like it's it's a lot of that you can only bring people 446 00:23:15,410 --> 00:23:17,610 to the door. They have to, they have to take, 447 00:23:17,610 --> 00:23:19,050 they have to open the door themselves. 448 00:23:19,050 --> 00:23:21,010 That's what I got to say. Anyways, everybody let's get 449 00:23:21,010 --> 00:23:26,220 some news. We got a lot to talk about the 450 00:23:26,300 --> 00:23:31,100 Daily News. All right guys, I want to give a 451 00:23:31,100 --> 00:23:35,940 shout out to our new sponsor, the Foundation Passport. 452 00:23:35,940 --> 00:23:38,020 You guys definitely want to check it out. 453 00:23:38,220 --> 00:23:41,100 Foundation Devices is self custody done, right? 454 00:23:41,100 --> 00:23:44,140 They build a premium grade hardware wallet called Passport 455 00:23:44,380 --> 00:23:46,900 right here in the US and it's fully open source and 456 00:23:46,900 --> 00:23:48,380 verifiable. It's awesome. 457 00:23:48,380 --> 00:23:50,660 Check that out. It's the most intuitive Bitcoin 458 00:23:50,660 --> 00:23:52,860 wallet design, with UX reminiscent of. 459 00:23:52,980 --> 00:23:56,140 A simple feature phone so you will know how to navigate it and 460 00:23:56,140 --> 00:23:57,580 use it in the moment you pick it up. 461 00:23:57,820 --> 00:24:00,780 Get your Bitcoin off exchanges into your own hands in just a 462 00:24:00,780 --> 00:24:02,620 few minutes. Experience the Peace of Mind 463 00:24:02,620 --> 00:24:04,260 that comes with taking ownership. 464 00:24:04,570 --> 00:24:08,130 Of your own keys, check out the passport link in the show notes 465 00:24:08,130 --> 00:24:10,930 below. Get yourself a Foundation 466 00:24:10,930 --> 00:24:13,210 Passport hardware wallet. It's really, really awesome. 467 00:24:13,210 --> 00:24:17,010 I highly, highly recommend it. Anyways, guys, let's jump into 468 00:24:17,010 --> 00:24:18,610 the news. We got a lot to talk about. 469 00:24:18,610 --> 00:24:21,410 We got to talk about China. You know, they they they they 470 00:24:21,410 --> 00:24:25,290 went from the villain to, I'm not going to say hero, but they 471 00:24:25,290 --> 00:24:29,420 went from the villain to. I don't know. 472 00:24:32,380 --> 00:24:36,620 Can't resist Bitcoin I guess. Anyways, so this article 473 00:24:36,620 --> 00:24:38,940 originally dropped and it was originally in Mandarin. 474 00:24:39,060 --> 00:24:44,060 I actually had to use the Google Translate feature cuz it was 475 00:24:44,060 --> 00:24:45,780 literally all in. It was all in Mandarin. 476 00:24:45,780 --> 00:24:48,600 I couldn't read it. Anyways, it goes on to say 477 00:24:48,600 --> 00:24:52,120 newspaper article of the Court of the People's Court, Virtual 478 00:24:52,120 --> 00:24:55,480 currencies, legal property and protected by law O Daily Planet 479 00:24:55,480 --> 00:24:58,680 News, The People's Court of the People's Court published an 480 00:24:58,680 --> 00:25:01,920 article, quote Identification of the property, attributes of 481 00:25:01,920 --> 00:25:05,640 virtual currency and disposal of property involved in the case 482 00:25:05,800 --> 00:25:08,760 which analyze the criminal law attributes of virtual currency. 483 00:25:09,000 --> 00:25:12,280 Virtual currency is not classified as an illegal item. 484 00:25:12,900 --> 00:25:15,460 Therefore, under the current legal policy framework, the 485 00:25:15,460 --> 00:25:18,100 virtual currency held by relevant entities in our country 486 00:25:18,100 --> 00:25:21,300 is still legal property and protected by law. 487 00:25:21,740 --> 00:25:24,260 It is suggested in the article to deal with the money and 488 00:25:24,260 --> 00:25:27,060 property involved in the case based on the basic standpoint of 489 00:25:27,060 --> 00:25:29,220 legality. The author believes that that 490 00:25:29,220 --> 00:25:32,140 for criminal acts involving virtual currency, the money and 491 00:25:32,140 --> 00:25:34,580 property involved in the case cannot be confiscated or 492 00:25:34,580 --> 00:25:37,740 returned at all and should be treated separately on the basis 493 00:25:37,780 --> 00:25:40,310 of. Unified criminal and civil law 494 00:25:40,310 --> 00:25:43,710 order to achieve a balanced protection of personal property 495 00:25:43,710 --> 00:25:47,830 rights and social public interest that is so crazy. 496 00:25:47,830 --> 00:25:52,950 It's a total 180 and it it made quite the rounds like it went. 497 00:25:52,950 --> 00:25:56,070 I think it was like Bitcoin news that originally tweeted it. 498 00:25:56,310 --> 00:26:00,390 The tweet went viral and it seems to be being picked up by 499 00:26:00,390 --> 00:26:04,270 by the the the legacy media as well. 500 00:26:04,270 --> 00:26:07,840 So this is Yahoo Finance. Here are some of the fun facts 501 00:26:07,840 --> 00:26:10,720 or fast facts, Better said. The report, authored by the 502 00:26:10,720 --> 00:26:14,040 People's Court in this southeastern Fujian province, 503 00:26:14,080 --> 00:26:16,880 said that the virtual assets have economic attributes and 504 00:26:16,880 --> 00:26:18,200 should be classified as property. 505 00:26:18,440 --> 00:26:21,480 The People's Court of the People's Republic of China serve 506 00:26:21,480 --> 00:26:24,760 as the state's judicial bodies that independently exercise 507 00:26:24,760 --> 00:26:28,480 judicial power, free from interference by administrative 508 00:26:28,480 --> 00:26:30,880 entities. Virtual assets held by 509 00:26:30,880 --> 00:26:33,560 individuals should be considered legal and protected by the law. 510 00:26:34,690 --> 00:26:37,530 The People's Court Daily reported said the report further 511 00:26:37,530 --> 00:26:40,650 stated that crimes involving virtual assets, which are 512 00:26:40,650 --> 00:26:43,130 challenging for authorities to confiscate a restore should be 513 00:26:43,130 --> 00:26:45,970 addressed using both criminal and civil laws to safeguard 514 00:26:45,970 --> 00:26:49,210 individual property rights and the broader public interest. 515 00:26:49,330 --> 00:26:53,170 Despite China's blanket ban on cryptocurrencies, local courts 516 00:26:53,170 --> 00:26:55,890 have issued rulings that recognize virtual assets as 517 00:26:56,050 --> 00:26:59,290 legal properties. Last September, a Beijing court 518 00:26:59,290 --> 00:27:01,600 declared that. Declared that no laws, 519 00:27:01,600 --> 00:27:05,280 administrative regulations, or departmental rules deny the 520 00:27:05,280 --> 00:27:08,680 protection of cryptocurrency as a form of virtual property. 521 00:27:09,000 --> 00:27:12,720 Cryptocurrency usage appears to remain prevalent in China. 522 00:27:12,720 --> 00:27:15,320 In August, the Wall Street Journal reported that finance 523 00:27:15,320 --> 00:27:19,240 users in China traded about $90 billion in crypto assets in May, 524 00:27:19,560 --> 00:27:23,960 which accounted for roughly 20% of the platform's global volume, 525 00:27:24,280 --> 00:27:27,320 excluding trades by some major traders. 526 00:27:28,080 --> 00:27:31,270 So I mean. Like I I I don't. 527 00:27:32,750 --> 00:27:34,350 I mean bitcoins and sets of state winning. 528 00:27:34,350 --> 00:27:36,430 This is what I gotta say. But it's not only the trading 529 00:27:36,430 --> 00:27:39,990 volume as well it and it appears to be some of the hash rate. 530 00:27:40,750 --> 00:27:42,670 This is an article that we originally covered when it 531 00:27:42,670 --> 00:27:45,110 dropped. It's about roughly a year old or 532 00:27:45,110 --> 00:27:48,510 so and it says covert Chinese Bitcoin miners still account for 533 00:27:48,510 --> 00:27:52,110 21% of network hash rate. Now that number has not been 534 00:27:53,110 --> 00:27:56,880 updated since then. But you know if if you take the 535 00:27:56,880 --> 00:27:59,680 news that just came out today plus the Hong Kong news which 536 00:27:59,680 --> 00:28:04,160 I'm going to get to in a second, I mean I would you would you 537 00:28:04,160 --> 00:28:07,240 could surmise that number has either remained relatively the 538 00:28:07,240 --> 00:28:13,040 same perhaps a little bit lower. And here I think is the like the 539 00:28:13,120 --> 00:28:15,840 the most telling. And when I when I when I 540 00:28:15,840 --> 00:28:18,480 initially ran into this article and we covered it on simply 541 00:28:18,480 --> 00:28:22,800 Bitcoin, it really made me. But like I it really made me 542 00:28:22,800 --> 00:28:26,700 understand. That Beijing has changed their 543 00:28:26,700 --> 00:28:30,660 stance on this a little bit, and I think the reason that they did 544 00:28:30,660 --> 00:28:34,500 that is the saying that Opti said in the beginning, right you 545 00:28:34,500 --> 00:28:37,420 can't ban Bitcoin, you can only ban yourself from Bitcoin. 546 00:28:37,740 --> 00:28:40,260 And I think they see the writing on the wall and I think what 547 00:28:40,260 --> 00:28:43,340 they're trying to do is take advantage of Hong Kong, which 548 00:28:43,340 --> 00:28:45,300 is, you know, this semi autonomous region. 549 00:28:45,300 --> 00:28:49,420 It's it's isolated from the mainland to benefit from NGU 550 00:28:49,420 --> 00:28:51,740 technology while in the mainland. 551 00:28:52,180 --> 00:28:54,700 You know, they still have their central bank digital currencies 552 00:28:54,700 --> 00:28:56,540 and they still have their social credit system. 553 00:28:56,860 --> 00:29:01,860 But this, this, you know, this announcement by this court, I 554 00:29:01,860 --> 00:29:06,980 think it's just the beginning. And look, the reality is that if 555 00:29:07,060 --> 00:29:11,340 there if 20% of finances volume which is the largest shit coin 556 00:29:11,340 --> 00:29:14,420 and shit coin exchange in the world is still coming from 557 00:29:14,420 --> 00:29:19,220 China, that's a that's a lot of people that still hold that in 558 00:29:19,220 --> 00:29:22,060 China. Right, one of my a good buddy of 559 00:29:22,060 --> 00:29:25,420 mine, which I grew up with. He lives in the mainland and 560 00:29:25,420 --> 00:29:28,860 when the China ban happened, I texted him and I said, hey man, 561 00:29:29,060 --> 00:29:30,740 are you like what's going on here? 562 00:29:30,740 --> 00:29:34,340 And I never forget his response to me, and I think it's just a 563 00:29:34,340 --> 00:29:38,020 testament of Bitcoin being this common language. 564 00:29:39,180 --> 00:29:42,580 That unifies the world, no matter where your culture is. 565 00:29:42,580 --> 00:29:46,500 Like if you speak to a bitcoiner from Kenya, from Nigeria, which 566 00:29:46,500 --> 00:29:49,700 we've brought on the show many times, are from Latin America or 567 00:29:49,700 --> 00:29:53,020 from Asia. We're speaking a similar 568 00:29:53,020 --> 00:29:55,620 language, right? We're we have that common 569 00:29:55,620 --> 00:29:58,100 denominator. And I never forget his response, 570 00:29:58,100 --> 00:30:00,180 he told me. He's like and in like a like a 571 00:30:00,220 --> 00:30:02,920 thick. Chinese accent like Mandarin 572 00:30:02,920 --> 00:30:06,400 accent he said like and my my name in in in Mandarin 573 00:30:06,400 --> 00:30:09,880 apparently is niku and he's like niku if you can't kill the 574 00:30:09,880 --> 00:30:13,160 honey. No you can't kill the honey 575 00:30:13,160 --> 00:30:16,240 badger you can only make it stronger right So fact that he's 576 00:30:16,240 --> 00:30:18,640 telling me that thousands of miles away and that's like a 577 00:30:18,640 --> 00:30:22,040 meme that like we say on Bitcoin Twitter you know it's like 578 00:30:22,120 --> 00:30:24,880 that's a worldwide mean that's the power of Bitcoin. 579 00:30:25,560 --> 00:30:26,680 Anyways let's check out this article. 580 00:30:26,680 --> 00:30:27,800 I thought it was really interesting. 581 00:30:28,240 --> 00:30:30,440 It goes on to say Hong Kong wants to become an international 582 00:30:30,440 --> 00:30:33,760 crypto hub, even as jurisdictions like the US cast a 583 00:30:33,760 --> 00:30:37,080 weary eye on the sector. In August, the 1st licenses were 584 00:30:37,080 --> 00:30:39,840 issued under a new system to regulate crypto exchanges, 585 00:30:39,840 --> 00:30:42,600 offering trading and tokens like Bitcoin and Aetherium. 586 00:30:42,920 --> 00:30:46,200 The regime is part of Hong Kong. The regimen is part of Hong 587 00:30:46,200 --> 00:30:49,480 Kong's effort to attract fresh capital and talent back to the 588 00:30:49,480 --> 00:30:53,360 city after its reputation was tarnished by heart by years of 589 00:30:53,360 --> 00:30:57,080 harsh pandemic curbs and a crackdown on political dissent. 590 00:30:57,340 --> 00:31:00,140 Initial reaction was largely positive from digital asset 591 00:31:00,140 --> 00:31:03,460 firms, but there was a lack of major new investment pledges. 592 00:31:03,700 --> 00:31:07,740 Hong Kong's push appears to have quiet backing from Beijing even 593 00:31:07,740 --> 00:31:11,380 as mainland China sticks with a ban on crypto trading, which is 594 00:31:11,380 --> 00:31:13,740 something that we theorized on simply Bitcoin. 595 00:31:13,740 --> 00:31:17,020 And it looks like the corporate media is is starting to agree 596 00:31:17,020 --> 00:31:18,780 with us as well. And by the way, this wasn't only 597 00:31:18,780 --> 00:31:22,020 Yahoo news that made this claim. This original article I think 598 00:31:22,020 --> 00:31:25,460 came out of Bloomberg. That said, that that Hong Kong 599 00:31:25,460 --> 00:31:27,460 has the quiet backing of Beijing. 600 00:31:27,780 --> 00:31:33,620 So anyways, so interesting, very, very fascinating. 601 00:31:35,140 --> 00:31:37,340 I don't know what what's your take on this, Mickey? 602 00:31:37,500 --> 00:31:40,140 I'm sure you know, I'm sure you've you've heard this or 603 00:31:40,140 --> 00:31:43,300 you've read some of this news. What's your take on what's going 604 00:31:43,300 --> 00:31:45,860 on? Yeah, it's sort of the same 605 00:31:45,860 --> 00:31:48,700 incentives playing out at the nation state level that are 606 00:31:48,700 --> 00:31:52,700 playing out in in corporate media and in, you know, like 607 00:31:52,700 --> 00:31:57,780 Wall Street with the ETF, right. And so I think it becomes pretty 608 00:31:57,820 --> 00:32:02,180 evident pretty quickly that that obviously you can't ban Bitcoin, 609 00:32:02,180 --> 00:32:04,100 you can only ban yourself from Bitcoin. 610 00:32:04,100 --> 00:32:08,140 And it's sort of like this, this international nation state level 611 00:32:08,940 --> 00:32:12,700 prisoners dilemma right, where where theoretically they could 612 00:32:12,700 --> 00:32:15,940 ban Bitcoin if if all of the governments and all of the 613 00:32:15,940 --> 00:32:19,340 countries sort of collude together it would make it a lot 614 00:32:19,340 --> 00:32:23,420 difficult. But at the individual nation 615 00:32:23,420 --> 00:32:27,900 state level, there's governments are sort of incentivized to 616 00:32:27,900 --> 00:32:33,420 cheat to sort of cheat on that agreement because of you know, 617 00:32:33,870 --> 00:32:36,230 like they said they want to attract capital, they want you 618 00:32:36,230 --> 00:32:38,870 know, the tax dollars from the trading, things like that. 619 00:32:38,870 --> 00:32:42,870 They want to leverage that NGU technology to sort of make their 620 00:32:42,870 --> 00:32:47,110 regime stronger. And so you know, it's just, it's 621 00:32:47,110 --> 00:32:48,990 just incentives playing out all the time. 622 00:32:48,990 --> 00:32:53,110 You know, people like to point out Larry Fink, you know in 623 00:32:53,110 --> 00:32:55,750 BlackRock has their $10 trillion, but it's not their 624 00:32:55,750 --> 00:32:59,590 money, it's investors money. And so, you know, my perspective 625 00:32:59,590 --> 00:33:03,390 is how many, you know, ultra wealthy people, we're calling 626 00:33:03,390 --> 00:33:07,750 Larry Fink, telling him to sort of cut out that ESG nonsense and 627 00:33:07,750 --> 00:33:11,230 and then start embracing Bitcoin because they want to cut right? 628 00:33:11,670 --> 00:33:13,030 And everyone wants a piece of it. 629 00:33:13,030 --> 00:33:16,550 And so it's just, I mean, incentives went out over 630 00:33:16,550 --> 00:33:20,670 coercion in the long run. 100% Opti, What's your take on this 631 00:33:20,670 --> 00:33:23,030 bro? Yeah, well, I mean, we say it 632 00:33:23,030 --> 00:33:25,710 all the time on the show. Bitcoins incentives stay winning 633 00:33:25,750 --> 00:33:29,210 and this was a great. I was gonna say thought 634 00:33:29,210 --> 00:33:32,370 experiment but a great real time experiment that Bitcoin is 635 00:33:32,370 --> 00:33:34,130 global and you cannot ban Bitcoin. 636 00:33:34,130 --> 00:33:37,810 So like look, Bitcoin is a global phenomenon and you cannot 637 00:33:37,810 --> 00:33:40,690 isolate yourself from the consequences of not using the 638 00:33:40,690 --> 00:33:43,970 hardest money possible. You will get poorer and you will 639 00:33:43,970 --> 00:33:47,570 start to see, you know, people that embrace Bitcoin, get 640 00:33:47,650 --> 00:33:50,250 wealthier, live a better life and. 641 00:33:50,820 --> 00:33:53,260 You can't stop this phenomenon. And you know, I've said it so 642 00:33:53,260 --> 00:33:55,460 many times on the show. I absolutely love when 643 00:33:55,460 --> 00:33:57,220 governments come out and say that they're going to ban 644 00:33:57,220 --> 00:34:00,940 Bitcoin because it just proves in real time why you need 645 00:34:00,940 --> 00:34:04,180 something like Bitcoin. And now I remember when I got in 646 00:34:04,180 --> 00:34:07,660 the Bitcoin, the China ban was like the biggest fudge story 647 00:34:07,660 --> 00:34:09,020 everywhere. It's like, oh, China's going to 648 00:34:09,020 --> 00:34:10,980 ban Bitcoin. Oh, they banned Bitcoin. 649 00:34:10,980 --> 00:34:14,730 Oh, they unbanned Bitcoin. Walking it back, bro. 650 00:34:14,810 --> 00:34:16,929 They won't be exactly the. Craziest thing. 651 00:34:17,090 --> 00:34:19,889 I mean Nico, remember how many times it they they did this? 652 00:34:19,889 --> 00:34:22,889 There was like 7 times or something or at least five times 653 00:34:22,889 --> 00:34:24,969 or something where they banned it, they unbanned it. 654 00:34:25,570 --> 00:34:28,650 Or maybe it was just a FUD story of they banned it to get a lower 655 00:34:28,650 --> 00:34:33,270 price and then they finally. Ban Bitcoin mining and you know, 656 00:34:33,469 --> 00:34:36,110 as we were saying it, blue balled the bull market last year 657 00:34:36,150 --> 00:34:38,270 or what was it, 2021 or whatever? 658 00:34:38,389 --> 00:34:39,909 It totally did. It totally did. 659 00:34:39,949 --> 00:34:44,550 And I don't see enough people like talking about that, talking 660 00:34:44,550 --> 00:34:48,070 about like the fact like cuz you kind of have to like if you see 661 00:34:48,070 --> 00:34:52,710 it, if you see it connected with the price it is, it is so 662 00:34:52,710 --> 00:34:55,590 obvious that you know it kind of neutered. 663 00:34:57,190 --> 00:35:01,150 It kind of neutered the last bull, the the last bull run like 664 00:35:01,350 --> 00:35:06,790 it was so freaking obvious. Opti, could you could you take 665 00:35:06,790 --> 00:35:08,470 it over while pull this up for a SEC? 666 00:35:08,590 --> 00:35:10,350 Yeah, yeah. So as I was saying, you know, 667 00:35:10,350 --> 00:35:14,790 like any country that wants to stop people from using Bitcoin, 668 00:35:14,790 --> 00:35:17,550 stop their citizens from benefiting from a hard cap asset 669 00:35:17,550 --> 00:35:20,270 and avoid debasement will shoot themselves in the foot. 670 00:35:20,470 --> 00:35:23,870 And now we have this real time experiment like we have a real 671 00:35:23,870 --> 00:35:27,940 time example of. One of the biggest countries in 672 00:35:27,940 --> 00:35:30,300 the world is trying to ban Bitcoin and they couldn't even 673 00:35:30,300 --> 00:35:33,380 stop it. So like, that concern is 674 00:35:33,380 --> 00:35:35,620 completely off the table. And of course we're still kind 675 00:35:35,620 --> 00:35:39,020 of feeling the effects of this because we have yet to make it 676 00:35:39,020 --> 00:35:41,740 into the next all time high. We are, we're still kind of in 677 00:35:41,740 --> 00:35:45,460 this bear market, crab market. And so it's still kind of 678 00:35:45,460 --> 00:35:48,340 happening where people are like, wow, you know, China banned 679 00:35:48,340 --> 00:35:50,820 Bitcoin and you know the price hasn't recovered. 680 00:35:50,820 --> 00:35:52,860 So we're still kind of in like the obituary phase. 681 00:35:53,240 --> 00:35:56,320 But this epoch of China banning Bitcoin just proved to the world 682 00:35:56,320 --> 00:35:58,360 that Bitcoin isn't stoppable. Unstoppable. 683 00:35:58,360 --> 00:36:01,720 Like the honey badger doesn't care, it will make its waves 684 00:36:01,720 --> 00:36:04,080 even within the country, people are still using it. 685 00:36:04,080 --> 00:36:07,720 And again, it just goes to show like this is the reason for 686 00:36:07,720 --> 00:36:10,000 Bitcoin. And if an authoritarian, 687 00:36:10,000 --> 00:36:13,240 tyrannical government goes to stop or try to stop Bitcoin, it 688 00:36:13,240 --> 00:36:15,680 just proves. The very reason for bitcoins 689 00:36:15,680 --> 00:36:18,400 existence that you need something that is censorship 690 00:36:18,400 --> 00:36:22,720 resistant, hard cap and that cannot be stopped because this 691 00:36:22,720 --> 00:36:24,240 is the separation of money in state. 692 00:36:24,240 --> 00:36:26,760 You do not want a small government or even a big 693 00:36:26,760 --> 00:36:30,160 government to be the sole controller of currencies and 694 00:36:30,160 --> 00:36:32,560 here we are. We have real time examples of 695 00:36:32,560 --> 00:36:36,240 this happening and. It's just awesome man. 696 00:36:36,240 --> 00:36:39,160 Like the meme that we say I, I I don't remember who it was. 697 00:36:39,160 --> 00:36:42,440 It might have been Kaiser who created it but you can't ban 698 00:36:42,440 --> 00:36:44,080 Bitcoin. You can only ban yourself from 699 00:36:44,080 --> 00:36:47,080 Bitcoin and even further safety and always says it like you 700 00:36:47,080 --> 00:36:51,080 cannot isolate yourself from the consequences of not holding the 701 00:36:51,080 --> 00:36:53,320 hardest money in the world. And here we're seeing this 702 00:36:53,320 --> 00:36:56,920 happen in real time and so you know again I we are a bit 703 00:36:56,920 --> 00:36:59,320 American centric here because we are in America and we're 704 00:36:59,320 --> 00:37:01,960 concerned about our country. It just goes to show that all 705 00:37:01,960 --> 00:37:05,120 you politicians out there fighting Bitcoin are just. 706 00:37:05,200 --> 00:37:07,160 Shooting yourselves in the foot. Dude, 100%. 707 00:37:07,160 --> 00:37:11,640 I mean, remember what Jack Mahler said during the BPI 708 00:37:11,640 --> 00:37:14,360 Summit in DC in the Imperial City? 709 00:37:14,360 --> 00:37:15,800 He said. Look like if you guys don't get 710 00:37:15,800 --> 00:37:18,880 your shit together like I'm leaving, you want Bitcoin 711 00:37:18,880 --> 00:37:22,120 companies to be paying taxes in Texas, not in Dubai. 712 00:37:22,740 --> 00:37:26,100 And then during the Bitcoin conference Bitcoin 2023, he 713 00:37:26,100 --> 00:37:28,620 announced that he's moving strike till Salvador like and I 714 00:37:28,620 --> 00:37:30,900 think that's what politicians don't quite grasp. 715 00:37:30,900 --> 00:37:33,380 Like they don't understand. No, shout out Armand the par man 716 00:37:33,380 --> 00:37:37,020 when my I love this bitcoiner. Anyways, so this is what I was 717 00:37:37,020 --> 00:37:40,780 talking about and I don't see a lot of people talking about on 718 00:37:40,780 --> 00:37:45,260 Twitter like they talk about the FTX and the paper Bitcoin. 719 00:37:45,620 --> 00:37:47,860 And how that played a role. But I don't see enough people 720 00:37:47,860 --> 00:37:51,740 talking about this, right? And this was so the white line 721 00:37:52,140 --> 00:37:55,420 represents the price and the blue line represents the hash 722 00:37:55,420 --> 00:37:58,940 rate. Now take a look at what happened 723 00:37:58,940 --> 00:38:02,900 to the price when the hash rate dropped and this giant hash rate 724 00:38:02,900 --> 00:38:04,420 drop. And I think it was like close to 725 00:38:04,420 --> 00:38:07,940 50% was during the China ban, right? 726 00:38:07,940 --> 00:38:09,780 And then why did the price follow it? 727 00:38:09,780 --> 00:38:13,060 Well, a lot of those Bitcoin miners that were based in China 728 00:38:13,060 --> 00:38:16,840 had to sell a lot of Bitcoin. To relocate overseas now 729 00:38:16,840 --> 00:38:20,160 something really interesting happened and I think this was 730 00:38:20,280 --> 00:38:23,320 you have the four cores I think was like one of Bitcoin's 731 00:38:23,320 --> 00:38:26,800 biggest stress tests. But I think this comes in 2nd 732 00:38:27,320 --> 00:38:32,560 and this was Bitcoin basically surviving its First Nation state 733 00:38:32,560 --> 00:38:35,960 attack without any central authority or CEO. 734 00:38:36,520 --> 00:38:42,600 These minors relocated on their own by Bitcoin's incentives 735 00:38:42,680 --> 00:38:45,770 alone. And now the Bitcoin hash rate 736 00:38:47,090 --> 00:38:51,290 has already surpassed the all time high of when all that 737 00:38:51,290 --> 00:38:55,170 mining was located in China. So the Chinese government they 738 00:38:55,170 --> 00:38:58,810 attacked Bitcoin, Bitcoin. The Bitcoin hash rate 739 00:38:58,810 --> 00:39:03,730 decentralized in the process and now it is higher than it was 740 00:39:04,090 --> 00:39:05,450 when it was centralized in China. 741 00:39:06,330 --> 00:39:10,210 And that is a testament to Bitcoin's incentives and also. 742 00:39:10,740 --> 00:39:12,860 If you you can't kill the honey badger, you're only going to 743 00:39:12,860 --> 00:39:16,900 make it stronger. So I think, I really believe 744 00:39:17,180 --> 00:39:20,300 that this is what cut the last bull market short in my opinion. 745 00:39:20,740 --> 00:39:22,500 I mean look, you could see it for yourself. 746 00:39:22,900 --> 00:39:27,180 Search on Google Bitcoin hash rate and Bitcoin price and 747 00:39:27,180 --> 00:39:30,780 you'll see it. It's a direct correlation and I 748 00:39:30,780 --> 00:39:33,100 think that's why we saw that like weird thing where it's like 749 00:39:33,100 --> 00:39:36,940 it went from 61, dropped 50%, then it went back to 69 K. 750 00:39:37,530 --> 00:39:40,210 I think it took out the momentum of of, of, of the bull market 751 00:39:40,210 --> 00:39:42,850 and I think they did it on purpose in the last thing. 752 00:39:42,850 --> 00:39:44,970 But it's interesting how they're changing to now. 753 00:39:45,730 --> 00:39:47,410 But it kind of makes sense, right? 754 00:39:47,490 --> 00:39:48,930 The hat, they didn't kill Bitcoin. 755 00:39:48,930 --> 00:39:50,810 They made it stronger. They made it even more. 756 00:39:50,810 --> 00:39:53,650 Decentralized hash rate continues to make all time 757 00:39:53,650 --> 00:39:55,730 highs. It's still alive. 758 00:39:56,410 --> 00:39:59,370 Yeah, I mean, you know, it's been made legal tender of a 759 00:39:59,370 --> 00:40:02,370 country. Michael Saylor is using it, you 760 00:40:02,370 --> 00:40:05,130 know, as an alternative to Fiat currencies on the public company 761 00:40:05,130 --> 00:40:08,560 level. Yeah, man, like, you know, it's 762 00:40:08,560 --> 00:40:11,680 just crazy. Mika, Nika, you know how we 763 00:40:11,680 --> 00:40:14,600 always kind of troll it's, I'm kind of trolling here. 764 00:40:14,600 --> 00:40:17,360 But you know how we always say like the the corporate blueprint 765 00:40:17,400 --> 00:40:21,980 of fighting Bitcoin? And then packing your bags and 766 00:40:21,980 --> 00:40:25,340 then saying it's OK and the price starts to go nuclear. 767 00:40:25,620 --> 00:40:27,540 Are we seeing this on the nation state level? 768 00:40:27,540 --> 00:40:30,260 China is just like, yo, we need to get more Bitcoin. 769 00:40:30,380 --> 00:40:33,180 How do we make the price drop so that we can stack more Bitcoin? 770 00:40:33,180 --> 00:40:35,940 And then finally, you let the horses out the race and be like, 771 00:40:35,940 --> 00:40:38,340 yeah, you know what? Well, they can go on price big. 772 00:40:38,500 --> 00:40:41,060 Only they could have. They could have only fired that 773 00:40:41,060 --> 00:40:43,830 shot one time. And they because you know, 774 00:40:43,990 --> 00:40:46,710 because you know that those minors are not going to go back 775 00:40:46,710 --> 00:40:49,630 to China like, you know, like that you shot that one, you shot 776 00:40:49,630 --> 00:40:51,710 your shot and then that's it, right? 777 00:40:51,710 --> 00:40:55,110 So anyways, interesting, it's time to get to the culture. 778 00:40:55,110 --> 00:40:57,390 But before we get to the culture, I want to give a very 779 00:40:57,390 --> 00:41:02,030 special shout out to one of our sponsors, Bitcoin evangelism. 780 00:41:02,430 --> 00:41:05,470 The great Tatum turn up once said Bitcoin evangelism is like 781 00:41:05,470 --> 00:41:08,390 if the Bitcoin standard and Bitcoin for Dummies had a baby. 782 00:41:08,470 --> 00:41:11,790 Have you ever struggled to answer your skeptical no coiners 783 00:41:11,790 --> 00:41:14,070 friends objections? Or maybe you answered it 784 00:41:14,070 --> 00:41:16,670 perfectly, but they just didn't understand what you said. 785 00:41:16,830 --> 00:41:19,910 Bitcoin Evangelism will equip you with an arsenal of simple 786 00:41:19,910 --> 00:41:22,950 illustrations to help articulate the tenets of Bitcoin to anyone. 787 00:41:23,300 --> 00:41:26,620 Boomer neighbor? Check on Enda Who's worried 788 00:41:26,620 --> 00:41:28,860 about Bitcoin being the currency of the Antichrist? 789 00:41:29,020 --> 00:41:31,060 Check. Annoying dude from work that 790 00:41:31,060 --> 00:41:33,420 rubs it in your face anytime the price of Bitcoin goes down? 791 00:41:33,420 --> 00:41:36,660 Check. The author is Brian de Mint from 792 00:41:36,660 --> 00:41:39,340 the Orange Pill app. Get yourself a copy of Bitcoin 793 00:41:39,340 --> 00:41:42,900 Evangelism Planting Seeds for the Centralized Revolution 794 00:41:42,900 --> 00:41:45,180 today. All you got to do is scan the QR 795 00:41:45,180 --> 00:41:48,180 code on your screen. It'll take you directly to 796 00:41:48,180 --> 00:41:50,460 Amazon. Anyways, everybody, let's get to 797 00:41:50,460 --> 00:41:52,060 the culture. We had a lot to talk about. 798 00:41:55,420 --> 00:42:00,180 The daily culture brought to you by Swan bitcoin.com. 799 00:42:00,180 --> 00:42:03,260 Swan is the best way to build your Bitcoin stack with 800 00:42:03,340 --> 00:42:06,940 automated Bitcoin savings plans and instant purchases serving 801 00:42:06,940 --> 00:42:11,260 clients of any size from $10 to $10 million. 802 00:42:11,260 --> 00:42:14,660 We love SWAN because they incentivize self custody and 803 00:42:14,660 --> 00:42:17,260 dollar cost averaging. What are you waiting for? 804 00:42:17,260 --> 00:42:21,620 Visit swanbitcoin.com today. All right guys, I also want to 805 00:42:21,620 --> 00:42:24,780 tell you about the largest Bitcoin conference on the fest 806 00:42:24,780 --> 00:42:27,740 on the West Coast, the Pacific Bitcoin Festival. 807 00:42:27,740 --> 00:42:31,460 It's October 5th through the 6th in Los Angeles, CA. 808 00:42:31,460 --> 00:42:33,060 You definitely don't want to miss it. 809 00:42:33,060 --> 00:42:35,420 It's going to be the biggest Bitcoin celebration ever. 810 00:42:36,030 --> 00:42:39,310 Speaker list includes Jimmy Song, Lynn Alden, Greg Foss, 811 00:42:39,310 --> 00:42:42,710 Alex Gladstein, Corey Klipston, Preston Pish, Stacy Herbert, Max 812 00:42:42,710 --> 00:42:45,150 Kaiser, Stefan Lovera. Definitely don't want to miss 813 00:42:45,190 --> 00:42:48,150 the biggest Bitcoin celebration on the West Coast, the Pacific 814 00:42:48,150 --> 00:42:52,190 Bitcoin Festival, October 5th through the 6th in Los Angeles, 815 00:42:52,190 --> 00:42:54,430 CA. Anyways, Opti, what are we going 816 00:42:54,430 --> 00:42:56,790 to talk about today, bro? Yeah, of course. 817 00:42:56,790 --> 00:43:00,990 Well before we get into talking journalism on the corporate 818 00:43:00,990 --> 00:43:03,270 level with Mickey and in regards to covering Bitcoin. 819 00:43:03,910 --> 00:43:07,430 Everyone in the chat usually loves a good How did you get to 820 00:43:07,430 --> 00:43:09,550 Bitcoin Story? So Mickey, how did you become a 821 00:43:09,550 --> 00:43:14,350 bitcoiner? So let's see. 822 00:43:14,430 --> 00:43:20,790 Early 2020, I was a captain in command at a unit in Fort Hood, 823 00:43:21,710 --> 00:43:26,670 and one of my soldiers started telling me about how he was 824 00:43:26,710 --> 00:43:29,070 earning money, You know, like running a computer. 825 00:43:29,230 --> 00:43:31,750 So it turns out he was mining Aetherium. 826 00:43:32,930 --> 00:43:36,490 So I started started digging into it, didn't really 827 00:43:36,490 --> 00:43:40,290 understand all the crypto stuff, but I I have a economics 828 00:43:40,290 --> 00:43:45,450 background from college and so Bitcoin really sort of made 829 00:43:45,450 --> 00:43:49,610 sense to me. And so in instead of, you know, 830 00:43:49,610 --> 00:43:54,250 contributing to my IRA that year sort of convinced my wife to let 831 00:43:54,250 --> 00:44:00,270 me buy a minor, so. I bought a bought a GPU miner 832 00:44:00,310 --> 00:44:03,910 off of eBay, not really understanding what I was doing, 833 00:44:03,910 --> 00:44:08,910 plugged it into nice Hash and started mining shit coins but 834 00:44:08,910 --> 00:44:12,430 being paid in Bitcoin so it's like a cloud binding service so 835 00:44:12,910 --> 00:44:14,950 I didn't even understand that really. 836 00:44:15,750 --> 00:44:18,310 All I knew I I plugged in a computer and I was earning 837 00:44:18,310 --> 00:44:24,640 Bitcoin and so. Maybe a month later COVID crash 838 00:44:24,640 --> 00:44:28,320 happened. Government announces trillions 839 00:44:28,320 --> 00:44:33,360 of dollars in stimulus and sort of went from zero to 100 in 840 00:44:33,360 --> 00:44:38,080 terms of of allocation. Soon after went to grad school 841 00:44:39,840 --> 00:44:44,080 and just sort of went on to the next job in the army, right? 842 00:44:44,080 --> 00:44:47,760 But wasn't necessarily satisfied with what I was doing. 843 00:44:48,360 --> 00:44:50,520 So I was trying to find a way to do a. 844 00:44:51,420 --> 00:44:54,700 A proof of work project just kind of poking around. 845 00:44:55,740 --> 00:44:59,420 Accidentally stumbled on the Bitcoin Magazine's article 846 00:44:59,420 --> 00:45:02,900 submission link looking for their customer service e-mail. 847 00:45:03,420 --> 00:45:06,540 Just sort of wrote something up, sent it in and and it got 848 00:45:06,540 --> 00:45:09,660 accepted. So started contributing pretty 849 00:45:09,660 --> 00:45:16,980 regularly with Bitcoin Magazine. About nine months later, got 850 00:45:16,980 --> 00:45:20,140 picked up by a Forbes editor and so. 851 00:45:22,050 --> 00:45:24,130 I think it's been it's. I think it's been about a year 852 00:45:24,130 --> 00:45:27,170 and a half since I started writing and I have about 70 853 00:45:27,170 --> 00:45:31,330 articles published across Bitcoin Magazine, Bitcoin 854 00:45:31,330 --> 00:45:36,890 news.com, Forbes and then I got one with Citadel 21. 855 00:45:38,010 --> 00:45:39,370 Love it, dude. Great story. 856 00:45:39,370 --> 00:45:42,450 All right, well, let's get to the topic of today because you, 857 00:45:42,610 --> 00:45:45,330 you tagged me on Twitter as I I maybe like a month ago and 858 00:45:45,330 --> 00:45:47,890 you're like, I I forget what we were covering that day, but we 859 00:45:47,890 --> 00:45:49,610 were covering something about the corporate press. 860 00:45:49,610 --> 00:45:52,450 And I was probably being very cynical and pessimistic in 861 00:45:52,450 --> 00:45:54,690 regards to the corporate press covering Bitcoin. 862 00:45:54,970 --> 00:45:57,490 And you tagged me like Opti. You got to be more optimistic 863 00:45:57,490 --> 00:45:59,330 about what's going on in the corporate press. 864 00:45:59,800 --> 00:46:02,560 And it really reminded me of the Fight Club meme of, like 865 00:46:02,840 --> 00:46:05,000 bitcoiners, we are everywhere. We're the ones running the 866 00:46:05,000 --> 00:46:07,160 nodes. So I guess at this point, 867 00:46:07,160 --> 00:46:10,160 Mickey, like what is the company ethos over there at Forbes and 868 00:46:10,160 --> 00:46:12,360 what are you seeing from behind the veil? 869 00:46:13,840 --> 00:46:17,160 Yeah, so when when the Forbes editor reached out to me, 870 00:46:17,160 --> 00:46:20,000 reached out via friend, they they were looking specifically 871 00:46:20,000 --> 00:46:24,120 for somebody to cover Bitcoin. And since I had been publishing 872 00:46:24,120 --> 00:46:27,000 for almost a year, Bitcoin Specific Bitcoin Mag. 873 00:46:27,940 --> 00:46:29,780 It was, it was kind of a natural fit. 874 00:46:30,060 --> 00:46:32,940 And since since onboarding me, they've actually onboarded 875 00:46:32,940 --> 00:46:36,300 several people and and sort of the thing that annoys me is that 876 00:46:36,300 --> 00:46:40,060 like so you had, you had like that day or that week that 877 00:46:40,060 --> 00:46:43,900 BlackRock announced the ETF and then somebody screenshotted, you 878 00:46:43,900 --> 00:46:47,340 know, like Forbes Digital Assets section where they have all this 879 00:46:47,340 --> 00:46:49,740 positive news about Bitcoin and it's like. 880 00:46:50,950 --> 00:46:54,470 Oh, now BlackRock granted Forbes permission to write about 881 00:46:54,470 --> 00:46:57,350 Bitcoin in a positive light. Well, it's it's like, no, 882 00:46:57,390 --> 00:47:01,950 actually no, you you're just you just noticed today that Forbes 883 00:47:02,030 --> 00:47:04,790 has been publishing positive articles about Bitcoin. 884 00:47:04,790 --> 00:47:08,350 But so when I onboarded, essentially what you get is you 885 00:47:08,350 --> 00:47:11,230 get like admin access to the site and you can publish 886 00:47:11,310 --> 00:47:13,310 articles via like this portal page. 887 00:47:13,310 --> 00:47:18,260 So my first two. The editor sort of reviewed what 888 00:47:18,260 --> 00:47:22,220 I wrote and kind of helped teach me the the Forbes style and it 889 00:47:22,220 --> 00:47:25,260 was all just editing for style, never for content. 890 00:47:27,740 --> 00:47:31,460 And so after those first two articles, I I have portal access 891 00:47:31,460 --> 00:47:34,820 to Forbes and I can write articles on whatever the hell I 892 00:47:34,820 --> 00:47:37,980 want and and. And publish without an editor 893 00:47:37,980 --> 00:47:39,500 even looking at it. So. 894 00:47:39,980 --> 00:47:44,440 So Forbes has always been pretty positive covering Bitcoin. 895 00:47:44,440 --> 00:47:48,160 In terms of articles that I've seen from them, they covered the 896 00:47:48,160 --> 00:47:51,240 El Salvador news, they covered Bhutan, they covered Oman. 897 00:47:52,360 --> 00:47:56,120 When it was announced that Oman was going to invest $1.1 billion 898 00:47:56,120 --> 00:47:59,600 into mining infrastructure. When they released that famous 899 00:47:59,600 --> 00:48:02,120 article that we covered that the Kingdom of Bhutan has been 900 00:48:02,120 --> 00:48:03,720 secretly mining Bitcoin for years. 901 00:48:03,960 --> 00:48:07,360 So they've always kind of had a more positive spin. 902 00:48:07,360 --> 00:48:09,920 So, but my case would be, can both things be true? 903 00:48:09,920 --> 00:48:12,250 Because I don't think you could say the same things about 904 00:48:12,250 --> 00:48:13,970 publications like the New York Times. 905 00:48:14,690 --> 00:48:16,970 And then, you know, I think Washington Post has been pretty 906 00:48:16,970 --> 00:48:24,370 hostile, The Economist. And at what point, look, I'm so 907 00:48:24,370 --> 00:48:27,770 dated to this point and I've had such a bad experience with the 908 00:48:27,770 --> 00:48:30,650 legacy media and actually brought this up to Max and Stacy 909 00:48:31,610 --> 00:48:34,010 at Bitblock Boom when they were on the news desk with us. 910 00:48:35,540 --> 00:48:37,540 Clearly some of these publications aren't really 911 00:48:37,540 --> 00:48:39,940 interested. In truth, I think they're more, 912 00:48:40,820 --> 00:48:44,300 they're more narrative based. I obviously don't believe the 913 00:48:44,300 --> 00:48:47,460 same thing as Forbes based on what your experience is there 914 00:48:47,700 --> 00:48:50,500 and based on some articles that I've I've read that have come 915 00:48:50,500 --> 00:48:52,060 out from Forbes. I haven't really sent it seen 916 00:48:52,060 --> 00:48:54,820 any hit pieces. But I don't think the same thing 917 00:48:54,820 --> 00:48:58,540 applies to other public publications that clearly, 918 00:48:58,540 --> 00:49:03,620 clearly have a a a more malicious spin when they're 919 00:49:03,620 --> 00:49:05,900 covering certain topics. So what's your take on that? 920 00:49:06,820 --> 00:49:10,780 Yeah, so I I wrote an article for Bitcoin magazine a couple 921 00:49:10,780 --> 00:49:14,620 months ago when Peters is a Z Hand, Zihan, whatever his name 922 00:49:14,620 --> 00:49:18,460 is, went on Joe Rogan and said that stupid comment about 923 00:49:18,460 --> 00:49:22,820 Bitcoin going negative, right. And and I think I think at this 924 00:49:22,820 --> 00:49:26,630 point like. Corporate media and and experts 925 00:49:26,670 --> 00:49:31,070 of all sorts sort of sacrifice their longterm credibility by 926 00:49:31,070 --> 00:49:35,150 remaining intransigent to Bitcoin. 927 00:49:35,590 --> 00:49:38,430 Right. And so I, you know, at this 928 00:49:38,430 --> 00:49:41,430 point, they sort of seem like they're grasping for straws and 929 00:49:41,430 --> 00:49:45,390 and yeah, so there are some, like, overtly hostile media. 930 00:49:46,260 --> 00:49:48,980 Organization. What are their motivations like? 931 00:49:48,980 --> 00:49:53,500 Why are they hostile? That's the part that we've been 932 00:49:53,500 --> 00:49:55,740 trying to figure out for like 2 years now. 933 00:49:55,740 --> 00:49:58,220 Opti, right. Been kind of beating that drum. 934 00:49:58,220 --> 00:50:00,860 So why are they openly hostile towards Bitcoin? 935 00:50:01,380 --> 00:50:03,780 What does I believe? I think it's ideology. 936 00:50:04,530 --> 00:50:06,570 I think they're ideologically opposed to it. 937 00:50:06,730 --> 00:50:08,930 What are they ideologically opposed to? 938 00:50:08,930 --> 00:50:09,690 Freedom. Money. 939 00:50:09,690 --> 00:50:11,530 Like money that doesn't steal from you? 940 00:50:11,690 --> 00:50:13,970 Non inflationary money. Yeah. 941 00:50:13,970 --> 00:50:17,730 So it seems like they they sort of focus on the like the ESG 942 00:50:17,730 --> 00:50:21,250 energy narrative, like Bitcoin is a waste of electricity, 943 00:50:21,250 --> 00:50:24,450 right? And and and so I think, I think 944 00:50:24,450 --> 00:50:28,930 it's sort of like this, this intransigent ideology mixed with 945 00:50:29,050 --> 00:50:32,170 massive egos that just sort of prevent them from learning. 946 00:50:34,450 --> 00:50:37,570 And and and I think that's sort of most of it, right. 947 00:50:38,970 --> 00:50:43,130 It's just it's just ego and ideology mixed together and they 948 00:50:43,210 --> 00:50:45,970 they don't. I I I think it's only a matter 949 00:50:45,970 --> 00:50:48,610 of time before they sort of pivot though and see the writing 950 00:50:48,610 --> 00:50:50,650 on the wall. Yeah. 951 00:50:50,770 --> 00:50:52,450 Okay. It's that's interesting. 952 00:50:52,610 --> 00:50:54,930 Interesting. Opti, what's your take on all 953 00:50:54,930 --> 00:50:57,330 this? I mean, I think it's. 954 00:50:58,590 --> 00:51:02,430 Kind of like well, without getting like conspiratorial and 955 00:51:02,430 --> 00:51:05,830 and you know following the money of of who owns those companies 956 00:51:05,830 --> 00:51:09,390 that are very negative towards Bitcoin, you you can very 957 00:51:09,390 --> 00:51:11,350 clearly see that there is some connections. 958 00:51:11,350 --> 00:51:15,510 But it's just I think it's very awesome to see that Forbes is 959 00:51:15,510 --> 00:51:18,670 actually giving bitcoiners just like free rein and being like 960 00:51:18,670 --> 00:51:21,590 all right guys like hey, right. What you think it's interesting 961 00:51:21,590 --> 00:51:23,390 and we can post this on our channel. 962 00:51:23,390 --> 00:51:26,830 So my question is, is Forbes becoming the de facto corporate 963 00:51:26,830 --> 00:51:30,800 Bitcoin machine? You know, potentially and and so 964 00:51:30,800 --> 00:51:34,400 the interesting thing is like I I don't even know how to tow the 965 00:51:34,400 --> 00:51:38,280 party line at fours because I have no idea what the party line 966 00:51:38,280 --> 00:51:40,720 is. You know, the, the editor I 967 00:51:40,720 --> 00:51:44,040 have, you know, tweets about cold cards and Bitcoin being a 968 00:51:44,040 --> 00:51:47,120 girl's best friend, you know, things like that. 969 00:51:47,120 --> 00:51:50,760 And you know, every once in a while she'll sort of like she'll 970 00:51:50,760 --> 00:51:52,960 shoot me an e-mail, say like, hey, I think this is a great 971 00:51:52,960 --> 00:51:57,100 idea for you to cover. Like you know here's the thing 972 00:51:57,100 --> 00:52:00,500 that happened but but never once have they ever said like you 973 00:52:00,500 --> 00:52:04,780 need to cover this this way or like I don't like how what you 974 00:52:04,780 --> 00:52:08,540 said about that article you know it it it's pretty much free 975 00:52:08,540 --> 00:52:11,100 reign man and it and it's really cool because they're they're 976 00:52:11,100 --> 00:52:13,660 sort of like the more bitcoiners get in there the more you're 977 00:52:13,660 --> 00:52:18,180 sort of able to recruit other bitcoiners and just sort of 978 00:52:18,180 --> 00:52:20,960 infect. Infect the mainstream narrative 979 00:52:20,960 --> 00:52:24,160 with with Bitcoin and and and an interesting thing that I see is 980 00:52:24,160 --> 00:52:28,480 is when I log into my portal I can pull up stats and see you 981 00:52:28,480 --> 00:52:30,760 see clicks and all that stuff and then you can also see 982 00:52:30,760 --> 00:52:35,280 subscribers and so people that pay for Forbes, you can see a 983 00:52:35,280 --> 00:52:39,320 count of how many of them subscribe to your content and 984 00:52:39,320 --> 00:52:42,280 and have it sort of delivered to them in their inbox when they 985 00:52:42,280 --> 00:52:45,120 get their daily or weekly emails from Forbes. 986 00:52:45,590 --> 00:52:48,670 And so that has been slowly ticking up on my page at least, 987 00:52:48,670 --> 00:52:51,150 which is, which is sort of an interesting observation. 988 00:52:51,430 --> 00:52:54,070 That's really, really awesome. And shout out to you, bro like 989 00:52:54,070 --> 00:52:55,830 that. That's really crazy. 990 00:52:56,230 --> 00:52:58,430 I always see this. The way that Opti and I 991 00:52:58,430 --> 00:53:00,870 described this is like narrative trench warfare, like you're 992 00:53:00,910 --> 00:53:03,830 really trying to win over the hearts and minds of individuals. 993 00:53:03,830 --> 00:53:07,830 So I think you're playing an essential role here because 994 00:53:07,830 --> 00:53:10,070 you're inside the belly of the beast, so to speak. 995 00:53:10,760 --> 00:53:13,520 Even though again like I just want to say this, I, I, I, I 996 00:53:13,520 --> 00:53:16,600 don't think I've ever read an article from Forbes like in the 997 00:53:16,600 --> 00:53:19,720 last couple of years that have had that has had a negative 998 00:53:20,280 --> 00:53:23,080 Bitcoin spin. But you would consider Forbes as 999 00:53:23,080 --> 00:53:26,600 part of the the legacy media like 100%. 1000 00:53:26,600 --> 00:53:30,680 So I'm really glad that at least some entities of the legacy 1001 00:53:30,680 --> 00:53:33,800 media have been covering a Bitcoin. 1002 00:53:33,800 --> 00:53:36,840 Fairly better said not even you can't even say positive just 1003 00:53:36,840 --> 00:53:41,320 fairly fair reporting which I think is really really good and 1004 00:53:41,320 --> 00:53:43,560 shout out to you bro for for being a part of that. 1005 00:53:43,560 --> 00:53:46,560 And I think it's just a testament of of your proof of 1006 00:53:46,560 --> 00:53:49,480 work and your your your story is quite interesting and it's a 1007 00:53:49,480 --> 00:53:53,040 story that I've seen so many kind of bitcoiners fall into, 1008 00:53:53,040 --> 00:53:55,280 which is I always get the job like how do I get a job in the 1009 00:53:55,280 --> 00:53:57,840 Bitcoin industry. And my response is always the 1010 00:53:57,840 --> 00:54:00,680 same and Opti and I actually covered this on our on our bit 1011 00:54:00,680 --> 00:54:03,080 block boom special when we were in Austin recording in the 1012 00:54:03,120 --> 00:54:05,840 Airbnb that we rented the whole culture. 1013 00:54:05,840 --> 00:54:08,400 We just dedicated to how Opti and I met. 1014 00:54:08,520 --> 00:54:11,120 You know how we got jobs in the in the space like house 1015 00:54:11,120 --> 00:54:13,800 whatever. And it's proof of work like it's 1016 00:54:13,800 --> 00:54:17,640 like go in there provide value work your ass off and then the 1017 00:54:17,640 --> 00:54:20,080 work speaks for itself And then all of a sudden people start to 1018 00:54:20,080 --> 00:54:22,440 notice. And I think, you know, you're 1019 00:54:22,440 --> 00:54:26,240 another example of that and I'm really, really glad that, you 1020 00:54:26,240 --> 00:54:31,840 know, you have the, you have the ability to write for a, you 1021 00:54:31,840 --> 00:54:35,300 know, a well respected institution platform that gives 1022 00:54:35,300 --> 00:54:38,060 you a huge reach and you get your message out there. 1023 00:54:38,380 --> 00:54:42,500 And also shout out to Krypto Bostardo, fellow Venezuelan who 1024 00:54:42,500 --> 00:54:45,300 has also been writing some amazing pieces for Forbes as 1025 00:54:45,300 --> 00:54:48,340 well. So it seems like over at Forbes 1026 00:54:49,100 --> 00:54:51,260 you guys are pretty pretty Bitcoin friendly. 1027 00:54:52,860 --> 00:54:56,060 Yeah, definitely and and and somebody said, I think in the 1028 00:54:56,060 --> 00:54:59,020 comments is like Trojan horse the shit out of people and and 1029 00:54:59,020 --> 00:55:01,110 yeah it's. Like that's that's sort of the 1030 00:55:01,110 --> 00:55:04,350 whole intent, right? Is you know you send a normie an 1031 00:55:04,350 --> 00:55:06,830 article from Bitcoin Magazine and then it's kind of like, 1032 00:55:06,830 --> 00:55:10,430 yeah, whatever, that's great. Like I love Bitcoin magazine and 1033 00:55:10,430 --> 00:55:13,310 they, you know, I started there. I have like they'll always share 1034 00:55:13,310 --> 00:55:16,590 a special place in my heart. But at the same time like 1035 00:55:16,790 --> 00:55:22,070 sending an article about Bitcoin to to like a normie that that's 1036 00:55:22,070 --> 00:55:25,670 published at Forbes just sort of has a completely different 1037 00:55:25,670 --> 00:55:27,470 impact. It adds sort of this. 1038 00:55:27,960 --> 00:55:32,280 This level of of legitimacy to it that that the normies sort of 1039 00:55:32,280 --> 00:55:35,240 respect more 100%. Yeah, I can't even agree more. 1040 00:55:35,640 --> 00:55:37,960 Actually, we got we got another comment in here and I'd like to 1041 00:55:37,960 --> 00:55:40,280 take your, your, your take from this Mike Mickey. 1042 00:55:40,280 --> 00:55:43,600 This Kimmy says the fact Forbes is allowing Bitcoiners space to 1043 00:55:43,600 --> 00:55:46,200 write simply tells me that the insiders smell another grift. 1044 00:55:46,480 --> 00:55:48,880 Is Forbes allowing you guys writing over there simply a 1045 00:55:48,880 --> 00:55:50,960 grift or is it one of these things? 1046 00:55:50,960 --> 00:55:52,920 I mean, you said your editor talked about cold cards and 1047 00:55:52,920 --> 00:55:54,820 stuff, so like. Is this one of these things 1048 00:55:54,820 --> 00:55:57,340 where, like Bitcoin changes you, You don't change Bitcoin and 1049 00:55:57,340 --> 00:55:59,100 just seeing where the future is headed? 1050 00:55:59,100 --> 00:56:02,140 Or would you be pessimistic? Like our friends in the chat 1051 00:56:02,140 --> 00:56:06,020 saying it's a grift? No, I mean, I don't. 1052 00:56:06,140 --> 00:56:08,860 I don't understand how it's a grift, right? 1053 00:56:09,140 --> 00:56:12,340 I think it's just incentives playing out, Like as Bitcoin 1054 00:56:12,340 --> 00:56:16,740 permeates sort of the collective consciousness of society, people 1055 00:56:16,740 --> 00:56:19,300 are going to be more interested and want to learn about it, 1056 00:56:19,300 --> 00:56:21,820 right? And so if Forbes is getting 1057 00:56:21,820 --> 00:56:25,140 feedback that, hey, they want more Bitcoin content, I think 1058 00:56:25,140 --> 00:56:27,860 that's just sort of an illustration of of incentives 1059 00:56:27,860 --> 00:56:30,020 playing out and people getting more interested. 1060 00:56:30,420 --> 00:56:35,020 I don't really understand how Forbes could be grifting by 1061 00:56:35,020 --> 00:56:37,700 writing, you know, allowing me to, like, write whatever the 1062 00:56:37,700 --> 00:56:39,540 hell I want. Yeah, I agree. 1063 00:56:39,540 --> 00:56:40,980 I agree. I agree with that statement. 1064 00:56:41,500 --> 00:56:44,940 Anyways guys, before we move on to the memes, I want to give a 1065 00:56:44,940 --> 00:56:49,730 very special shout out to one of our sponsors, Bitcoin 2024. 1066 00:56:49,730 --> 00:56:52,330 It's going to be the largest Bitcoin conference on planet 1067 00:56:52,330 --> 00:56:53,850 Earth. They change locations. 1068 00:56:53,850 --> 00:56:55,210 It's not going to be in Miami this year. 1069 00:56:55,210 --> 00:56:58,690 It's going to be in Nashville, TN July 25th through the twenty 1070 00:56:58,690 --> 00:57:02,690 10th through the 27th. 2024, the year of the having you want to 1071 00:57:02,690 --> 00:57:04,890 get your tickets quickly before the prices go up. 1072 00:57:05,090 --> 00:57:08,170 For a GA it's 349. For an industry pass, I 1073 00:57:08,170 --> 00:57:10,290 recommend getting that ticket if you're trying to get a job in 1074 00:57:10,290 --> 00:57:15,250 the industry, it's 849 and for a whale pass it's 4749. 1075 00:57:15,650 --> 00:57:18,690 And on top of these already discounted tickets, you can use 1076 00:57:18,690 --> 00:57:24,770 promo code simply to get 10% off your tickets to Bitcoin 2024. 1077 00:57:24,770 --> 00:57:27,170 Anyways, guys, let's review some memes. 1078 00:57:30,050 --> 00:57:34,610 The Daily Meme Review brought to you by Kaboom Racks I get this 1079 00:57:34,610 --> 00:57:37,530 question all the time, Nico, where should I buy Bitcoin 1080 00:57:37,530 --> 00:57:39,410 miners? The answer is Kaboom racks. 1081 00:57:39,410 --> 00:57:41,930 It's the best place to buy Bitcoin miners. 1082 00:57:42,050 --> 00:57:44,410 That's where you're going to find the best deals and the best 1083 00:57:44,410 --> 00:57:47,570 prices. Start your mining utopia today. 1084 00:57:47,570 --> 00:57:50,930 To check out their racks, you got to go to T dot me slash 1085 00:57:50,930 --> 00:57:53,570 Kaboom racks. Join their Telegram group and 1086 00:57:53,570 --> 00:57:56,210 start your mining journey today. Kaboom racks. 1087 00:57:57,130 --> 00:58:01,730 Kaboom racks. That was different. 1088 00:58:03,130 --> 00:58:05,250 You already know the deal. This is the meme. 1089 00:58:05,290 --> 00:58:06,570 Wait, wait, wait. Hold on, hold on. 1090 00:58:06,570 --> 00:58:09,570 Do we have Opti's meme in here? One. 1091 00:58:10,210 --> 00:58:12,810 You know which one, Opti. I don't know what you're talking 1092 00:58:12,810 --> 00:58:15,530 about. You know the breaking. 1093 00:58:16,070 --> 00:58:17,510 Right. No, I don't have that up here. 1094 00:58:17,510 --> 00:58:19,790 That's your meme, bro. You can pull that up if you 1095 00:58:19,790 --> 00:58:20,310 want. All right. 1096 00:58:20,310 --> 00:58:24,590 Anyways, Anyways, anyways, this is the meme review where you 1097 00:58:24,590 --> 00:58:28,110 guys tag us in memes on Twitter at simply Bitcoin TV. 1098 00:58:28,430 --> 00:58:31,590 Or you can do my personal account at Optimist Field on 1099 00:58:31,590 --> 00:58:33,750 Twitter. I will get to those as well or 1100 00:58:33,750 --> 00:58:36,510 drop them in our Telegram group. But guys, I know you don't like 1101 00:58:36,510 --> 00:58:39,110 the tracking on Twitter, but give me the tweet so I can give 1102 00:58:39,110 --> 00:58:43,670 people the the respect and and you know, accolades that they 1103 00:58:43,670 --> 00:58:46,910 deserve on the meme review. To the bullets, memes or the 1104 00:58:46,910 --> 00:58:48,790 artillery. As you can tell, we are in an 1105 00:58:48,790 --> 00:58:52,070 information what do you say? Narrative trench Warfare, Nico. 1106 00:58:52,310 --> 00:58:56,550 And we do have people in the belly of the beast guys, so do 1107 00:58:56,550 --> 00:59:00,870 not underestimate the power you have in spreading the signal. 1108 00:59:00,950 --> 00:59:06,310 We are all doing our part as bitcoiners to incept the ideas 1109 00:59:06,310 --> 00:59:08,520 of Freedom Money. And the everyday persons, 1110 00:59:08,520 --> 00:59:10,880 whether that's Mickey over at Forbes, whether that's you 1111 00:59:10,880 --> 00:59:13,120 having the conversations with your friends and family, whether 1112 00:59:13,120 --> 00:59:16,520 that's you just making some funnies on Twitter and making 1113 00:59:16,520 --> 00:59:19,240 your Bitcoin friends laugh, It all plays a part. 1114 00:59:19,320 --> 00:59:21,920 Anyways, I got tagged on this one by Donovan. 1115 00:59:22,470 --> 00:59:25,110 And this is a BTC therapist memes and he goes this is the 1116 00:59:25,110 --> 00:59:28,550 way hashtag BTC and we got a quote here from Princess Diana 1117 00:59:28,550 --> 00:59:31,950 and it goes only do what your heart tells you and all of you. 1118 00:59:31,950 --> 00:59:34,390 Bitcoin's hearts out there goes by Bitcoin every day for the 1119 00:59:34,390 --> 00:59:37,790 rest of your life And then just Chad bitcoins you got it boss 1120 00:59:37,870 --> 00:59:41,590 you got it boss always stack Bitcoin as I always say that 1121 00:59:41,590 --> 00:59:45,310 Bitcoin ABC's always buy consistently this is the way. 1122 00:59:45,430 --> 00:59:48,390 Anyways, this next meme is by Maxie's Club and honestly very 1123 00:59:48,390 --> 00:59:51,150 fitting considering the culture today and you know, sometimes 1124 00:59:51,150 --> 00:59:54,230 these synchronicities just. On the show, Maxie's Club goes 1125 00:59:54,230 --> 00:59:56,270 506. We're close, and it goes how 1126 00:59:56,270 --> 01:00:00,230 close we are for humanity to understand that Fiat is fucked. 1127 01:00:00,230 --> 01:00:03,190 We are so close and the Normies are waking up and they're 1128 01:00:03,190 --> 01:00:05,630 starting to feel the pain. Guys, we have so many receipts 1129 01:00:05,630 --> 01:00:09,240 and so many examples. Coming out on social media of 1130 01:00:09,240 --> 01:00:12,400 just the everyday person feeling the pain of inflation and 1131 01:00:12,400 --> 01:00:15,760 looking out into the world and wondering what the hell is going 1132 01:00:15,760 --> 01:00:18,920 on and looking for solutions and this is the importance of you 1133 01:00:18,920 --> 01:00:21,560 guys spreading that signal and waking people up to what is 1134 01:00:21,560 --> 01:00:24,480 happening next. Meme is by McConnell face and it 1135 01:00:24,480 --> 01:00:26,560 goes. Sometimes it's also tiresome and 1136 01:00:26,560 --> 01:00:29,800 and shouts out to our boys in the chat that are like man, 1137 01:00:29,800 --> 01:00:31,440 maybe I'm just a jaded bitcoiner. 1138 01:00:31,440 --> 01:00:33,400 It's just it's also tiresome man. 1139 01:00:33,520 --> 01:00:36,960 We just, you know, we're bombarded with so much stuff 1140 01:00:36,960 --> 01:00:39,960 that we get. We become big jaded bitcoiners 1141 01:00:39,960 --> 01:00:43,160 and we got the classic what's this Ben Affleck meme where he's 1142 01:00:43,160 --> 01:00:46,760 smoking a cigarette and he's just like outside just just worn 1143 01:00:46,760 --> 01:00:49,800 down and we have all the different memes on top of it. 1144 01:00:49,800 --> 01:00:53,160 And we have, you know, the girl talking to her boyfriend going 1145 01:00:53,160 --> 01:00:56,400 the Fed is gonna pivot any day now and we have the guy yelling 1146 01:00:56,400 --> 01:00:58,920 in the girls ear going. Institutions are coming bro. 1147 01:00:59,160 --> 01:01:01,440 And we have the guy at the baseball game talking to the 1148 01:01:01,440 --> 01:01:03,440 girl. Like exchange balances are at 1149 01:01:03,440 --> 01:01:05,720 record lows bro. So and then we have the other 1150 01:01:05,720 --> 01:01:09,680 guy, you know the the short wrestler looking guy talking to 1151 01:01:09,680 --> 01:01:13,120 the girl and she's all weirded out to go finances and FTX 1152 01:01:13,120 --> 01:01:16,400 levels of trouble and it's just a Bitcoin or me just trying to 1153 01:01:16,400 --> 01:01:18,400 huddle through the bear crab market. 1154 01:01:18,400 --> 01:01:22,240 This is the way guys just sometimes tune out the noise and 1155 01:01:22,240 --> 01:01:24,640 get back the fundamentals. Bitcoin is winning. 1156 01:01:24,980 --> 01:01:26,580 The Bitcoin fundamentals haven't changed. 1157 01:01:26,580 --> 01:01:29,780 All you need to do is stack Bitcoin, take Bitcoin into self 1158 01:01:29,780 --> 01:01:33,740 custody, run a node and you know get outside, touch some grass, 1159 01:01:33,740 --> 01:01:36,300 get fit, get healthy. This is the way so you can usher 1160 01:01:36,300 --> 01:01:39,220 in them stats. Next meme is by my boy Ropeium 1161 01:01:39,220 --> 01:01:41,900 and he just goes hashtag Bitcoin and it's a picture. 1162 01:01:41,900 --> 01:01:44,300 Here goes a good book can change your life. 1163 01:01:44,620 --> 01:01:46,940 And we are all the normies and we have all of us. 1164 01:01:47,060 --> 01:01:51,000 Before we were ardent bitcoiners and before we read the Bitcoin 1165 01:01:51,000 --> 01:01:53,360 standard. And so it's a line of them going 1166 01:01:53,360 --> 01:01:56,240 under the Bitcoin standard and then coming out as Chad 1167 01:01:56,240 --> 01:01:59,280 Bitcoiners holding cold cards and laser eyes and tuxedos. 1168 01:01:59,560 --> 01:02:03,960 Because this is the way you need to read the material so that you 1169 01:02:03,960 --> 01:02:05,760 know why you Bitcoin. And once you know why you 1170 01:02:05,760 --> 01:02:07,240 Bitcoin, it becomes so much easier. 1171 01:02:07,240 --> 01:02:09,120 And this next one is by meaning Bitcoin. 1172 01:02:09,560 --> 01:02:12,160 And I don't know if this is AI. It might be AI. 1173 01:02:12,520 --> 01:02:17,140 And it's a picture looking up at what do you call those things, A 1174 01:02:17,180 --> 01:02:19,340 billboard. It's not a billboard. 1175 01:02:19,340 --> 01:02:22,460 It's kind of like a billboard. Like the Times Square? 1176 01:02:22,820 --> 01:02:25,940 Yeah, like the Times Square videos and whatever. 1177 01:02:25,940 --> 01:02:28,380 You know what I'm saying? And it's got the Bitcoin, the 1178 01:02:28,540 --> 01:02:31,860 classic gold coin Bitcoin meme on top of. 1179 01:02:31,860 --> 01:02:35,980 It myself, one of those. Just put it on my desk and it's 1180 01:02:35,980 --> 01:02:37,700 just got bitcoins on it. And it goes. 1181 01:02:37,700 --> 01:02:40,780 This is This is why why we brought this one on today is for 1182 01:02:40,780 --> 01:02:43,740 the quote Here goes dream of bitcoins rise as if you'll 1183 01:02:43,740 --> 01:02:47,900 witness it forever, but by as if the next dip might be the last. 1184 01:02:48,140 --> 01:02:51,100 This is the way, guys. So wisdom there, I forget what 1185 01:02:51,100 --> 01:02:54,740 the iteration on that meme is. But hey, we know the price is 1186 01:02:54,740 --> 01:02:57,640 going up forever, but these dips will not last. 1187 01:02:57,640 --> 01:03:00,880 So do not be like all about dude, all right, story time. 1188 01:03:01,040 --> 01:03:04,320 Do not be like me last cycle where it's like, OK, man, like I 1189 01:03:04,320 --> 01:03:07,760 I might need this dry powder because I'll get another dip and 1190 01:03:07,760 --> 01:03:09,560 then you never see that 3K dip again. 1191 01:03:09,560 --> 01:03:12,640 And you're like, at least I bought it like 3600, like 1192 01:03:12,800 --> 01:03:14,600 whatever. At least I got a little bit. 1193 01:03:14,600 --> 01:03:19,230 Guys stack as much as humanly possible. 1194 01:03:19,230 --> 01:03:22,390 This is the way, because you're never going to get these dips 1195 01:03:22,390 --> 01:03:24,510 again, man. There, there's a point when you 1196 01:03:24,510 --> 01:03:27,950 don't come back to these Bitcoin prices and you're going to be 1197 01:03:27,950 --> 01:03:30,270 looking at your grandchildren and be like, I had an 1198 01:03:30,270 --> 01:03:32,990 opportunity to buy that dip and they're going to be like, why 1199 01:03:32,990 --> 01:03:35,390 did you buy it? You suck, Grandpa. 1200 01:03:35,670 --> 01:03:37,510 Grandma, You could have been richer. 1201 01:03:39,110 --> 01:03:40,110 Maybe. Who knows? 1202 01:03:40,230 --> 01:03:43,680 Anyways, drop your meme review score over there on the other 1203 01:03:43,680 --> 01:03:45,680 side of Nika and we will cover it live. 1204 01:03:45,680 --> 01:03:47,560 And I will cover mine live. All right. 1205 01:03:47,560 --> 01:03:50,880 I gave you mine my past from Bitlock Boom. 1206 01:03:50,880 --> 01:03:52,800 But I'm giving you wine it. Kisses pass. 1207 01:03:52,880 --> 01:03:55,740 Oh, Bitlock boom. He left it and there's this M 1208 01:03:55,740 --> 01:03:57,340 pub in there if you guys want to follow him. 1209 01:03:57,380 --> 01:04:00,020 On He really wrote it down. He really wrote it down, dude. 1210 01:04:00,020 --> 01:04:02,420 He's sort of the culture. That's crazy. 1211 01:04:02,500 --> 01:04:05,340 That's crazy. Anyways, that's a good score. 1212 01:04:05,340 --> 01:04:07,340 That's a good score by the way. Shout out. 1213 01:04:07,420 --> 01:04:09,940 It's called a marquee. Apparently a marquee, not a 1214 01:04:09,940 --> 01:04:11,700 billboard. A marquee and interesting. 1215 01:04:12,300 --> 01:04:13,260 I didn't know it was called that. 1216 01:04:13,500 --> 01:04:14,940 Anyways, maybe, I don't know. Whatever. 1217 01:04:15,690 --> 01:04:17,930 We appreciate you all if you're watching us from Twitter and 1218 01:04:17,930 --> 01:04:20,010 Rumble guys. If you can't find us on YouTube 1219 01:04:20,010 --> 01:04:23,170 for whatever reason, we we stream Monday through Friday, 1220 01:04:23,370 --> 01:04:26,770 rain or shine, 12:15 PM Eastern Standard Time. 1221 01:04:27,290 --> 01:04:30,650 So follow us on Rumble, follow us on Twitter and then we got 1222 01:04:30,650 --> 01:04:32,170 like 40 people watching from Rumble. 1223 01:04:32,170 --> 01:04:33,690 So shout out to you guys over there. 1224 01:04:33,930 --> 01:04:36,490 It's nice. It's nice getting, getting, 1225 01:04:36,490 --> 01:04:39,050 getting viewers from other platforms, it's, it's it's quite 1226 01:04:39,050 --> 01:04:43,540 refreshing. My score is going to be a meme 1227 01:04:43,540 --> 01:04:51,140 that I dropped on Saturday and basically Christine Lagarde was 1228 01:04:51,180 --> 01:04:56,220 vacationing in the French Riviera and Opti was caught in 1229 01:04:56,220 --> 01:04:59,500 the picture. Well guys, I had a great weekend 1230 01:04:59,500 --> 01:05:03,140 on the French Riviera. Fortunately, I am back and I 1231 01:05:03,140 --> 01:05:05,940 have to work on this holiday. But hey, you know, you don't 1232 01:05:05,940 --> 01:05:07,220 stop the grind. Don't stop. 1233 01:05:07,220 --> 01:05:11,460 We're out here stacking sets. Did you get Did you get Fiat? 1234 01:05:11,460 --> 01:05:13,460 Did you get some EUR from Chrissy? 1235 01:05:13,780 --> 01:05:16,940 Dude, I am Chrissy, sugar baby. She paid good. 1236 01:05:19,620 --> 01:05:21,460 All right, Mickey, Vicky. So Opti. 1237 01:05:21,460 --> 01:05:23,060 Opti is doing it for the culture. 1238 01:05:23,060 --> 01:05:26,620 It's always for the culture. Mickey, what's your meme score? 1239 01:05:27,390 --> 01:05:32,270 Yeah, so my meme score kind of wanted to rip off some band aids 1240 01:05:32,390 --> 01:05:35,790 of an old fight, and I brought a lightly oiled. 1241 01:05:36,310 --> 01:05:39,710 Wow. Carbon steel pan which is better 1242 01:05:39,790 --> 01:05:43,110 than stainless steel carbon. Okay. 1243 01:05:43,110 --> 01:05:44,790 Yeah. It's better than stainless steel 1244 01:05:44,790 --> 01:05:47,510 and cast iron. So yeah, wow. 1245 01:05:47,710 --> 01:05:49,910 New Come start a new war. Look at that. 1246 01:05:49,910 --> 01:05:50,710 Wow. Okay. 1247 01:05:50,990 --> 01:05:51,590 Yeah. Wait, hold on. 1248 01:05:51,590 --> 01:05:54,510 Hold on Nico. Just like good bitcoiners, we 1249 01:05:54,510 --> 01:05:58,550 always just, like, rehash the memes and the arguments. 1250 01:05:58,550 --> 01:06:00,910 Every other couple of months it just stirs it up. 1251 01:06:01,370 --> 01:06:04,210 Carbon steel. That's pretty badass, bro. 1252 01:06:04,210 --> 01:06:07,370 That's awesome. All right, so I have to mention 1253 01:06:07,370 --> 01:06:09,450 this or wine will literally kill me. 1254 01:06:09,450 --> 01:06:11,530 Guys, check out our merch. It just dropped. 1255 01:06:11,530 --> 01:06:13,170 You got to check out our merch shop. 1256 01:06:13,410 --> 01:06:15,450 I literally have a shirt right here. 1257 01:06:15,730 --> 01:06:17,250 It's the wait, show the tag Nico. 1258 01:06:17,290 --> 01:06:18,090 It looks good. You can. 1259 01:06:18,090 --> 01:06:20,330 It's clearly on. There you can see the you can. 1260 01:06:20,730 --> 01:06:23,850 See the tag look we pay attention to detail Bitcoin or 1261 01:06:23,850 --> 01:06:25,170 slavery. It's on there. 1262 01:06:25,170 --> 01:06:30,580 Simplybitcoin.tv takes us. So this isn't a cheap T-shirt. 1263 01:06:30,580 --> 01:06:33,180 This is high quality. It's made from our friends over 1264 01:06:33,180 --> 01:06:35,100 at Represent. So check it out. 1265 01:06:35,100 --> 01:06:37,300 Get yourself some simply Bitcoin merch. 1266 01:06:37,300 --> 01:06:39,780 All you gotta do is scan the QR code, take you directly to the 1267 01:06:39,780 --> 01:06:42,580 website, you can pay in Bitcoin. So yeah. 1268 01:06:42,820 --> 01:06:47,120 Anyways, guys, drop your scores. In the live chat and we'll get 1269 01:06:47,120 --> 01:06:51,280 to them first score by Kim Gage. I score those memes. 1270 01:06:51,280 --> 01:06:55,920 You've successfully withdrawn .0499 Bitcoin from your account. 1271 01:06:55,920 --> 01:06:58,280 OK, I like that. Yeah, taking soft flex. 1272 01:06:58,600 --> 01:07:02,800 To self custody, Elaine Lowell Trojans jump out of the horse, 1273 01:07:03,000 --> 01:07:06,120 throwing down their FUD weapons to embrace Bitcoin because they 1274 01:07:06,120 --> 01:07:07,960 need it too. Very, very nice. 1275 01:07:08,720 --> 01:07:11,720 Next, next one. Opti, hold on, hold on. 1276 01:07:11,760 --> 01:07:16,060 That's I'm I'm there's a delay. There's a delay here. 1277 01:07:16,060 --> 01:07:18,300 There's a delay. Oh, oh, we got one. 1278 01:07:18,300 --> 01:07:24,140 We got one. Johann Greenhill. 1279 01:07:24,140 --> 01:07:25,940 I give the memes a date with Opti. 1280 01:07:26,740 --> 01:07:27,460 Jonathan. Jonathan. 1281 01:07:31,260 --> 01:07:33,100 Hey, you can have her, bro. She pays well. 1282 01:07:35,010 --> 01:07:37,290 All right, we're out of time. We're out of time. 1283 01:07:37,610 --> 01:07:39,210 Guys, if you enjoyed the show, you know what to do. 1284 01:07:39,210 --> 01:07:42,530 Smash that like button. I'm your host, Nikos, my cohost, 1285 01:07:42,530 --> 01:07:44,370 Opti. This is an episode of Simply 1286 01:07:44,370 --> 01:07:46,730 Bitcoin Live. I want to give a very special 1287 01:07:46,730 --> 01:07:52,370 shout out to our guest, the Plebias economists, thank you so 1288 01:07:52,370 --> 01:07:55,450 much for joining us today. Keep up the good fight within 1289 01:07:55,450 --> 01:07:57,050 the belly of the beast at Forbes. 1290 01:07:57,290 --> 01:07:58,610 Thank you so much for joining us bro. 1291 01:07:59,540 --> 01:08:02,420 Yeah, thanks for having me. And if if you guys have a second 1292 01:08:02,420 --> 01:08:07,060 Bitcoin Veterans new podcast featuring Alex Stanzic, Mike 1293 01:08:07,060 --> 01:08:12,820 Hobart, Shane Hazel and Gabe Lord and Operation Libertas, 1294 01:08:12,860 --> 01:08:17,300 they talk about freedom and Bitcoin one. 100% huge fan. 1295 01:08:17,540 --> 01:08:21,500 Love those guys, homies. And yeah, big fan of big fan of 1296 01:08:21,500 --> 01:08:23,939 all those guys. And check out Bitcoin veterans. 1297 01:08:24,450 --> 01:08:26,810 Anyways, guys, thank you so much for tuning into another episode 1298 01:08:26,810 --> 01:08:28,649 of Simply Bitcoin Live. If you enjoyed the show, you 1299 01:08:28,649 --> 01:08:29,890 know to do smash that like button. 1300 01:08:30,130 --> 01:08:33,010 Consider subscribing if you feel like we provided you value. 1301 01:08:33,210 --> 01:08:36,050 But the number one thing you could do to push this peaceful 1302 01:08:36,050 --> 01:08:38,770 Bitcoin revolution forward is share Bitcoin content. 1303 01:08:38,770 --> 01:08:41,170 Share this Bitcoin content. Share other Bitcoin content. 1304 01:08:41,170 --> 01:08:43,250 Don't be exclusive. Be inclusive. 1305 01:08:43,529 --> 01:08:44,810 Don't share. Share coin content. 1306 01:08:44,810 --> 01:08:48,410 That's counterproductive. Have an amazing Labor Day and 1307 01:08:48,410 --> 01:08:51,770 we'll see you tomorrow for a brand new episode of Simply 1308 01:08:51,810 --> 01:08:53,290 Bitcoin Live. Peace out, y'all. 1309 01:08:55,069 --> 01:08:55,630 SMS Srikanth.