It's. All going to zero against Big
White. It's going up forever.
You're against Bitcoin. You're against freedom.
Yeah, welcome to some of the Bitcoin Live.
We're number one source for the peaceful Bitcoin revolution.
Code breaking news culture, Matic Warfare.
We will be your guide through the separation of money in
state. Speaking of the separation of
money in state, China seems to be reversing course.
You wouldn't expect that. I mean, if you've been paying
attention. They've been kind of dropping
some little hints here and there.
We know by some data collected by CNNBCI.
Think it was Mackenzie Sagalos who originally dropped the
article. That it was estimated still 20%
of the Bitcoin hash rate is still located in China even
after the China ban. And then the news from Hong Kong
started coming out, where Hong Kong seems to be trying to
attract Bitcoin companies or Bitcoin and altcoin companies to
set up shop in Hong Kong. And Hong Kong is a semi
autonomous region, you know, supposedly it's one country, two
systems. But they have been cracking down
a lot on freedom of speech and all that stuff over there.
They wouldn't be able to do this without Beijing's approval.
And that that isn't just simply Bitcoin saying that.
There's articles that have said that.
Bloomberg has said that. I know, I know, another
publication has said this as well.
So I don't think it's a coincidence that literally a
couple months later an article dropped out.
It dropped originally in. It was originally in Mandarin.
And then Yahoo News published the article late at midnight
midnight today and it says China Court says virtual assets
legally protected as properties. So you know this 180 basically
we know that the CCP who is, you know the governing body of of
mainland China or the governing political party, they absolutely
hate Bitcoin. They're all hell bent on pushing
for the central bank digital currency system.
With the Social credit system, all that stuff, they don't like
freedom, money. But this is something that Alex
Gladstein has written about where he he wrote an article for
Bitcoin Magazine called Bitcoin is the Trojan Horse for Freedom.
And he made the case that NGU technology and freedom enabling
technology, they're inextricably linked.
You can't separate the two. I see AFI OPTI laughing in the
background to my pronunciation. Sorry, not sorry.
But I think this is a testament to bitcoins, incentives.
And even if you are from one of the most totalitarian countries
in the world, you know that we always hear that a nine Bukele
is a dangerous democracy, a dangerous democracy.
We never hear that about China for some reason don't even have
democracy, right? So yeah, it's just, it's it's
just interesting how bitcoins incentives are irresistible and
this is actually one of opti's like famous lines, right?
It's like you can't ban yourself.
I forgot. Let me bring up Opti so that he
could actually say the line Opti.
How do you say it? Again, just to be clear, I
didn't create this, I just propagate the meme.
But you can't ban Bitcoin. You can only ban yourself from
Bitcoin. Boom.
Exactly right. So you can't ban Bitcoin, You
can only ban. You can only exactly so.
And then we see that with the hash rate, right, the people are
willing to go to jail or mine Bitcoin.
That's so crazy, right? And then there are some numbers
that were coming out of finance that apparently it's like 20% of
the exchange volume is still coming out of China, right.
So it's it's it's some absurd amount.
And this is Bitcoin's incentives and this is something that we've
been propagating and this is something that we've been
talking about for a very, very long time in the separation of
money and stay in this process that we're all kind of living
through these days. Is what they have is coercion.
They can coerce people into using state money to using money
that has control surveillance, inflation built in.
But Bitcoiners don't have to rely on coercion.
We just have incentives. Our money has a better incentive
structure. And I think that's why at the
end of the day, we're going to win this thing eventually.
The only question is how long is it going to take and how painful
is it going to be? And that's just, that's the big
question, right? Corey Clipson from Swan wrote
this amazing article, highly recommended called The Race to
avoid the War. And he's talking about we have
to we have to rid in the race. We have to get in a a minority
of people, an intransigent minority that's not willing to
bend on a certain issue that is holding bitcoiners that that's
holding Bitcoin and they're not willing to bend.
They're just saying like look like I I this is, you know like
this is my wealth, this is my future.
This is the money I I decide to use.
And then it becomes in a voting issue a policy issue that just
doesn't move The the example that I would give for you guys
is the gun lobby in the United States like look how hard it is
to pass a gun. Whether you agree with them or
not. Obviously you guys know we're
we're freedom maxi. So I'm I'm a big fan of the
Second Amendment personally, but I respect people's different
differing of of of opinions, of course.
But you know, look how hard it is to pass a, you know, gun laws
in the US It's almost impossible.
Why? Because there's a, there's a
good amount of people that are big fans of guns in the US, So
it's like impossible to pass a law.
Hopefully Bitcoin gets there sooner rather than later.
So anyways, it's very interesting development from
China. And again, I think it's just a
testament of bitcoins, and it's an example of bitcoins
incentives. Wow, it's Monday.
Getting going. I drank some coffee on holiday.
Nikko usually doesn't drink coffee, and I drank coffee this
morning. Well, let's be clear.
That was more sugar water than coffee, but we'll let it slide.
Yeah, yeah, I like. I like my Frappuccinos, bro.
I like my Frappuccinos. Anyways, we have Mickey.
Mickey is part of the corporate media machine, so we convinced
him to come on the show today. But do not believe anything that
comes. I'm just kidding.
Mickey, thank you so much for coming, for coming on the show,
He writes for Forbes. He originally sent me a message
saying that, look, you guys are not looking at it.
You know, the you guys aren't looking at the how the legacy
media is covering this 100% fairly so, said Mickey.
Come on the show, let's talk about it.
Let's have a discussion. So we're honored to have him on
today. Mickey, thank you so much for
joining us. Yeah.
Thanks for having me. I appreciate it, bro.
So why don't you tell everybody a little bit you know about who
you are and you know and like what you doing and etcetera.
Yeah, so sort of quintessential pleb who got sort of sick of his
job about a year and a half ago, but I but I owed some time,
right. And so sort of that low time
preference way of exit you know trying to figure out proof of
work project. So reached out to some companies
they weren't really interested in in free labor but then I
stumbled on Bitcoin magazines article submission guidelines
and so almost a year and a half ago just randomly found that
started writing for Bitcoin Mag. And then now about a year and a
half later I have almost 70 articles published across
Bitcoin Magazine, Bitcoin news.com, Citadel 21 and now
most recently Forbes. So just just a proof of work
project essentially trying trying to get Bitcoin company's
attention and sort of spiraled into this I guess.
That's awesome. Well, happy to have you on the
show today and OPT, I'm assuming that's we're gonna talk about
during the culture. We are going to go hard on
Bitcoin versus the corporate press and having bitcoiners
everywhere. We are everywhere.
Where everywhere we're slowly we're slowly taking over the
world. Guys, if you're enjoying the
show, make sure to smash that like button.
Help us maintain our trend of breaking 100 likes within the
first hour. I think Opti, I think we've we
we've been like a month consistently of of breaking.
I don't know if. I don't know if we're ever going
back. Opti broke Opti and Ruston the
day that I was out. Opti and Ruston broke 200 likes
within the first hour. So if you guys are enjoying the
show and join the content, help us with the YouTube algorithms
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Smash that like button. Give give the video of a like if
you're enjoying the content. Anyways, everybody, no more
delay. Let's jump straight into the new
into the numbers. We got a lot to talk about
today. The Bitcoin numbers.
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Anyways, at the time we're recording the Bitcoin prices
25,835 sats per dollar 3871 block height 806,220 blocks to
having 33,780 having estimate April 21st 2024 Total lightning
network capacity 4705 Bitcoin capacity value 121 million U.S.
dollars. Realize monetary inflation.
Oh, it went down once again 1.75.
Percent, I think when OPTI and I started covering that it was at
like 1.79, it just trickles down.
It's going down. Continuing to embarrass Fiat
currencies. The market capitalization of
Bitcoin $503 billion with a B Bitcoin versus gold market cap
3.89%. Can't wait for that number to be
over 100%. That's going to feel very, very
good. I don't know what Peter Ships
going to do at that time. Maybe that's the moment where he
has to admit the feat. I don't think he'll ever admit
the feat, unfortunately. Anyways, I mean, unfortunately
for him, it is what it is. Okay.
So this is CK Snarks used to be with Bitcoin Magazine.
Good friend of mine, good person, awesome Bitcoiner.
And he tweeted this video about Dylan Leclerc.
And Dylan Leclerc had a presentation at the Baltic Honey
Badger Bitcoin Conference in Riga.
It's one of my favorite Bitcoin conferences.
I haven't gone yet, but there was this panel.
It was started with Giacomo Zuko and he absolutely nailed it.
So they had some some of the best panels I've seen at a
Bitcoin conference. It was really cool.
But anyways, Dylan absolutely crushed this this presentation
that he had. I thought it was super
fascinating. Anyways, so let's check out the
video. It's about a minute, 30 seconds,
and then we'll kind of just talk about it.
Let's check it out. Office from the United States,
their projections for debt to GDP and deficits at the percent
of GDP. This is their best estimate.
Like they're they're padding the numbers here.
Best estimates, right? So.
So the debt is going up forever. The dollar is going down
forever. That sounds like an outrageous
statement. It's not.
They're telling you this. There's there's been 52
instances of countries over 100 and 2000 and 30% debt to GDP
ever, and 51 of them have defaulted explicitly or
implicitly, either by not paying their debt at all.
Just saying, sorry, I can't pay you, or just currency
devaluation is how you get out. the US has a money printer, so
it's going to be option 2. They're.
Going to devalue the hell out of the currency.
So this is to say that Bitcoin is going to Nestle itself on the
asset side of the global balance sheet is going to continue to
get bigger and bigger and bigger.
And this is our Trojan horse, the ETF investment banks, yes,
we, we're going to encourage them to come in.
They're going to Nestle it on the asset side of their balance
sheet instead of paying down the liabilities.
It's going to grow as a greater and greater share of that asset
until it is systematically important as an asset, just as
housing is, just as equities now are as as on the asset side of
that. Balance sheet, right?
Equities are systemically important for us, individuals,
pensions, 401 KS, etc, right. So Bitcoin, this is a natural
progression, there's nothing we can do to stop it and it's a
welcome development. It's a natural path of its
monetization. So sorry I went a little bit
over, but appreciate everyone's time.
Thanks. Dude, I mean, I think he
absolutely nailed it the way that that he was describing.
And I think, you know, I I think it's not only him speculating
and seeing this, I think we're seeing this already.
I think you're seeing this with the interest from BlackRock,
with Fidelity, you know it All these people that were talking
shit about Bitcoin last cycle are now kind of, you know,
capitulating. Including the Chinese government
apparently, right. And I think that again, once
again that's just a testament to Bitcoins incentives.
I think it it it just, it just has better incentives.
So and then Safety Dean, we actually showed you guys the
tweet last week, right. And everyone was talking about
how he was basically referencing how BlackRock is like this like
Evil Empire stuff like that. I think BlackRock and I think
the Container Conference, also known as the World Economic
Forum. I think all of those are
symptoms of the Fiat system. I I I don't necessarily people.
I don't believe that most people are inherently necessary evil.
I don't think that like they're twirling their mustaches saying
let's take over the world. I think that the Fiat, the Fiat
system enables this and it incentivizes it and this is the
results that you get. And I think under a Bitcoin
system you get. Alignment of incentives and you
get different types of behavior, right.
It incentivizes you to actually play by the rules because it's
more profitable for you as an individual and you by doing
that, it actually helps everybody else.
So like, everyone can win. Now that doesn't mean that you
know, a pleb that buys that only has $100 worth of it only has
$100 to DCA every month. Is going to, you know, be as
wealthy as Michael Saylor. That's leveraging his company to
buy an, like a ungodly amount of Bitcoin, right?
But still you, still you and Saylor are equal in the sense
that if Saylor wants more Bitcoin, he has to mine it, earn
it or buy it just like everybody else.
He doesn't have this privilege of being able to benefit from,
you know, the money printer, which is this privilege that a
lot of politicians have. And a lot of people that are
companies and contractors that get close to that money spicket,
they benefit from this privilege.
And I think that privilege in itself breaks the world in a
way. And I think that it you see a
lot of evil coming out, you see endless wars.
It it all comes from money. Like if you kind of like go down
that rabbit hole is a crazy, crazy rabbit hole because you
start to have all these realizations that that saying
right fix the money, fix the world.
It is extremely true anyways. I think Dylan absolutely nailed
it. I know I went a little bit on a
tangent but it is Monday. Have to have to get the the
engine revved up. Anyways, Opti, what's your take?
Yeah, so absolutely love Dylan. Shout out to Dylan.
It's absolutely killing it. And we knew that the
financialization of Bitcoin was inevitable.
And I find it very interesting that there is so many people
that are fighting this on Twitter because like we knew it
had to go this way. Like this is the natural process
of Bitcoin becoming the world reserve asset.
So it's just very interesting to see people have a kneejerk
reaction by, you know, just hating so much on these
institutions coming in and and embracing Bitcoin.
Because we knew that this would happen.
And This is why we are so big on the Bitcoin entrepreneurs out
there, that they make the tools so that, you know, the
inevitable scariness that comes with this, the rehypothecation,
all that stuff that we basically fight every single day of
bitcoiners, that. Cause Bitcoin in the 1st place
doesn't happen again. And so This is why we constantly
tell you guys to you know, not get complacent and yes also not
embrace the institutions too much.
But again, we knew this was going to happen.
So just stay vigilant, run a node, make sure you're running a
node. Uncle junior family, take your
Bitcoin into self custody. And of course guys like don't
sell your Bitcoin to these institutions like huddle through
the huddle buyout zone. Enjoy the ride.
It's going to be fun. And just just keep stacking
guys. And yes I know we all have hopes
of our measly stacks to one day make us the Michael sailors of
the world. But you need to continue to
stack. You need to continue to get your
cash flows up, continue to provide value and saving
Bitcoin, that's that's literally all you have to do as a
bitcoiner is just constantly have some excess and save it in
Bitcoin. Make sure your profits go into
Bitcoin, make sure more people know that there is a solution to
this stuff. But again, it just it's.
I find it interesting how there is so much, I don't know, knee
jerk reactions and hate towards this stuff happening when like
we knew this was going to happen eventually and here we are like
it's happening now and moving forward this next year, next
year and a half, two years or whatever.
It's going to be very interesting to see the Bitcoin
price react to the craziness of the world and the fact that all
this capital is flowing into Bitcoin.
So hey man, it's going to be a fun, fun bull run as far as I'm
concerned. 100%, Mickey, what's your take on all this?
So I mean with the state of like federal deficit, you know even
if government spending froze at the level it was today, just
just the fact that they're paying a trillion dollars on
interest and they have that deficit.
The the federal debt is sort of going to grow every single year
even if nothing else does. And and as with with interest
rates kind of higher than they've been in like the past 20
years, interest on the debt and then and then the other debt is
just it that's the debt spiral that that Greg Foss talks about
all the time. And so people say higher for
longer with the Fed. But I I really think it's going
to sort of force their hand, right.
And then once yields sort of collapse back to where they've
been for the past 20 years. I I think it's going to start
incentivizing, you know, banks and institutions to start diving
into Bitcoin with more seriousness and more urgency.
Because they saw what happened last time.
So they they had the yields collapse, they're sort of
levered up and then banks went out of business when the yields
went back up because it crashed bond prices.
And so they're going to need some collateral that's going to
help them sort of shore up their balance sheets, and I think
that's going to be a Bitcoin. Yeah, I I I 100% all roads lead
to Bitcoin. I agree with that, that, that.
Like that graphic and I think it was originally Lynn that posted
and one of her tweets went absolutely viral about what the
projected you know debt to GDP was going to be and like clearly
that's unsustainable and they don't even I don't think they
have a solution to that and I think Dylan said it's like their
solution is to print if they continue to print money.
We've always said it on the simply it's it's a wealth or
distribution mechanism from the lower and middle classes that
don't have the means to save an assets to the very wealthy.
And back to the government, right.
And and you know and I think everyone sees this and if
Bitcoin is is the way out, Bitcoin is the solution to this.
But but you just have to choose. It's it's not a political
solution because regardless of what what what political party
gets in power like the issue remains the same.
I think right now it's just it's just opt out just just opt out
of the system entirely. In my experience, I'm sure Opti
you agree with this really takes about like four years.
To like start really feeling the benefits, like takes a full
cycle. Like obviously if you get in now
and you know the next bull markets estimate to be 2025 or
whatever, you know you don't have to wait that long.
But most people don't get in at like the bottom of the bear
market. Most people get in in the middle
of the bull market. But it does take about four
years to like really start feeling the benefits in my
opinion of like switching to a Bitcoin standard.
It's not easy. I think it's easy on paper.
Like if I told you all you got to do is Hoddle.
Like, you're like, oh, that's so easy.
But like psychologically, like, it does take you through a
roller coaster. And your friends and family, you
know, they call you crazy for the first couple of years.
You know, like my, my my girlfriend who's now my fiancee,
you know, she's like, dude, this is nuts.
Like this is whatever. Like it was only until, like
number go up technology was doing it since she's like, I
love Bitcoin. I'm a hardcore bitcoiner now,
but for the first couple of years, you know the people
around you like, they they're like, dude, this guy's fucking
crazy, you know? So, but again like.
Well, to be fair, Nico, we do usually act crazy once we have
their epiphany of Bitcoin fixing everything.
We just like, run in the streets like, yo, it's Bitcoin stupid.
Listen to me. And you need to go all in on
Bitcoin. And it's like, yeah, then you
get over that hump a little bit and you're like, OK, maybe I
need to work on my messaging a little bit and, you know,
realize that I don't. Have to yell at people
constantly. Shade it, dude.
I don't give at this point. I'm just like, bro, like, you
know, I'm gonna make content like this and this and that, but
you know, like. I don't know.
I don't even bring it up to my normie friends anymore, You
know, because it's just like, you know, they're going to tell
you like that meme of that guy, like where you like, tell him
like money's broken, It's a Federal Reserve is fucking up
everything. And the guy's, look, he's like
grilling burgers. He's like, that's so crazy.
Score of the game. Last night like, you know, like
I feel like it's it's a lot of that you can only bring people
to the door. They have to, they have to take,
they have to open the door themselves.
That's what I got to say. Anyways, everybody let's get
some news. We got a lot to talk about the
Daily News. All right guys, I want to give a
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I highly, highly recommend it. Anyways, guys, let's jump into
the news. We got a lot to talk about.
We got to talk about China. You know, they they they they
went from the villain to, I'm not going to say hero, but they
went from the villain to. I don't know.
Can't resist Bitcoin I guess. Anyways, so this article
originally dropped and it was originally in Mandarin.
I actually had to use the Google Translate feature cuz it was
literally all in. It was all in Mandarin.
I couldn't read it. Anyways, it goes on to say
newspaper article of the Court of the People's Court, Virtual
currencies, legal property and protected by law O Daily Planet
News, The People's Court of the People's Court published an
article, quote Identification of the property, attributes of
virtual currency and disposal of property involved in the case
which analyze the criminal law attributes of virtual currency.
Virtual currency is not classified as an illegal item.
Therefore, under the current legal policy framework, the
virtual currency held by relevant entities in our country
is still legal property and protected by law.
It is suggested in the article to deal with the money and
property involved in the case based on the basic standpoint of
legality. The author believes that that
for criminal acts involving virtual currency, the money and
property involved in the case cannot be confiscated or
returned at all and should be treated separately on the basis
of. Unified criminal and civil law
order to achieve a balanced protection of personal property
rights and social public interest that is so crazy.
It's a total 180 and it it made quite the rounds like it went.
I think it was like Bitcoin news that originally tweeted it.
The tweet went viral and it seems to be being picked up by
by the the the legacy media as well.
So this is Yahoo Finance. Here are some of the fun facts
or fast facts, Better said. The report, authored by the
People's Court in this southeastern Fujian province,
said that the virtual assets have economic attributes and
should be classified as property.
The People's Court of the People's Republic of China serve
as the state's judicial bodies that independently exercise
judicial power, free from interference by administrative
entities. Virtual assets held by
individuals should be considered legal and protected by the law.
The People's Court Daily reported said the report further
stated that crimes involving virtual assets, which are
challenging for authorities to confiscate a restore should be
addressed using both criminal and civil laws to safeguard
individual property rights and the broader public interest.
Despite China's blanket ban on cryptocurrencies, local courts
have issued rulings that recognize virtual assets as
legal properties. Last September, a Beijing court
declared that. Declared that no laws,
administrative regulations, or departmental rules deny the
protection of cryptocurrency as a form of virtual property.
Cryptocurrency usage appears to remain prevalent in China.
In August, the Wall Street Journal reported that finance
users in China traded about $90 billion in crypto assets in May,
which accounted for roughly 20% of the platform's global volume,
excluding trades by some major traders.
So I mean. Like I I I don't.
I mean bitcoins and sets of state winning.
This is what I gotta say. But it's not only the trading
volume as well it and it appears to be some of the hash rate.
This is an article that we originally covered when it
dropped. It's about roughly a year old or
so and it says covert Chinese Bitcoin miners still account for
21% of network hash rate. Now that number has not been
updated since then. But you know if if you take the
news that just came out today plus the Hong Kong news which
I'm going to get to in a second, I mean I would you would you
could surmise that number has either remained relatively the
same perhaps a little bit lower. And here I think is the like the
the most telling. And when I when I when I
initially ran into this article and we covered it on simply
Bitcoin, it really made me. But like I it really made me
understand. That Beijing has changed their
stance on this a little bit, and I think the reason that they did
that is the saying that Opti said in the beginning, right you
can't ban Bitcoin, you can only ban yourself from Bitcoin.
And I think they see the writing on the wall and I think what
they're trying to do is take advantage of Hong Kong, which
is, you know, this semi autonomous region.
It's it's isolated from the mainland to benefit from NGU
technology while in the mainland.
You know, they still have their central bank digital currencies
and they still have their social credit system.
But this, this, you know, this announcement by this court, I
think it's just the beginning. And look, the reality is that if
there if 20% of finances volume which is the largest shit coin
and shit coin exchange in the world is still coming from
China, that's a that's a lot of people that still hold that in
China. Right, one of my a good buddy of
mine, which I grew up with. He lives in the mainland and
when the China ban happened, I texted him and I said, hey man,
are you like what's going on here?
And I never forget his response to me, and I think it's just a
testament of Bitcoin being this common language.
That unifies the world, no matter where your culture is.
Like if you speak to a bitcoiner from Kenya, from Nigeria, which
we've brought on the show many times, are from Latin America or
from Asia. We're speaking a similar
language, right? We're we have that common
denominator. And I never forget his response,
he told me. He's like and in like a like a
thick. Chinese accent like Mandarin
accent he said like and my my name in in in Mandarin
apparently is niku and he's like niku if you can't kill the
honey. No you can't kill the honey
badger you can only make it stronger right So fact that he's
telling me that thousands of miles away and that's like a
meme that like we say on Bitcoin Twitter you know it's like
that's a worldwide mean that's the power of Bitcoin.
Anyways let's check out this article.
I thought it was really interesting.
It goes on to say Hong Kong wants to become an international
crypto hub, even as jurisdictions like the US cast a
weary eye on the sector. In August, the 1st licenses were
issued under a new system to regulate crypto exchanges,
offering trading and tokens like Bitcoin and Aetherium.
The regime is part of Hong Kong. The regimen is part of Hong
Kong's effort to attract fresh capital and talent back to the
city after its reputation was tarnished by heart by years of
harsh pandemic curbs and a crackdown on political dissent.
Initial reaction was largely positive from digital asset
firms, but there was a lack of major new investment pledges.
Hong Kong's push appears to have quiet backing from Beijing even
as mainland China sticks with a ban on crypto trading, which is
something that we theorized on simply Bitcoin.
And it looks like the corporate media is is starting to agree
with us as well. And by the way, this wasn't only
Yahoo news that made this claim. This original article I think
came out of Bloomberg. That said, that that Hong Kong
has the quiet backing of Beijing.
So anyways, so interesting, very, very fascinating.
I don't know what what's your take on this, Mickey?
I'm sure you know, I'm sure you've you've heard this or
you've read some of this news. What's your take on what's going
on? Yeah, it's sort of the same
incentives playing out at the nation state level that are
playing out in in corporate media and in, you know, like
Wall Street with the ETF, right. And so I think it becomes pretty
evident pretty quickly that that obviously you can't ban Bitcoin,
you can only ban yourself from Bitcoin.
And it's sort of like this, this international nation state level
prisoners dilemma right, where where theoretically they could
ban Bitcoin if if all of the governments and all of the
countries sort of collude together it would make it a lot
difficult. But at the individual nation
state level, there's governments are sort of incentivized to
cheat to sort of cheat on that agreement because of you know,
like they said they want to attract capital, they want you
know, the tax dollars from the trading, things like that.
They want to leverage that NGU technology to sort of make their
regime stronger. And so you know, it's just, it's
just incentives playing out all the time.
You know, people like to point out Larry Fink, you know in
BlackRock has their $10 trillion, but it's not their
money, it's investors money. And so, you know, my perspective
is how many, you know, ultra wealthy people, we're calling
Larry Fink, telling him to sort of cut out that ESG nonsense and
and then start embracing Bitcoin because they want to cut right?
And everyone wants a piece of it.
And so it's just, I mean, incentives went out over
coercion in the long run. 100% Opti, What's your take on this
bro? Yeah, well, I mean, we say it
all the time on the show. Bitcoins incentives stay winning
and this was a great. I was gonna say thought
experiment but a great real time experiment that Bitcoin is
global and you cannot ban Bitcoin.
So like look, Bitcoin is a global phenomenon and you cannot
isolate yourself from the consequences of not using the
hardest money possible. You will get poorer and you will
start to see, you know, people that embrace Bitcoin, get
wealthier, live a better life and.
You can't stop this phenomenon. And you know, I've said it so
many times on the show. I absolutely love when
governments come out and say that they're going to ban
Bitcoin because it just proves in real time why you need
something like Bitcoin. And now I remember when I got in
the Bitcoin, the China ban was like the biggest fudge story
everywhere. It's like, oh, China's going to
ban Bitcoin. Oh, they banned Bitcoin.
Oh, they unbanned Bitcoin. Walking it back, bro.
They won't be exactly the. Craziest thing.
I mean Nico, remember how many times it they they did this?
There was like 7 times or something or at least five times
or something where they banned it, they unbanned it.
Or maybe it was just a FUD story of they banned it to get a lower
price and then they finally. Ban Bitcoin mining and you know,
as we were saying it, blue balled the bull market last year
or what was it, 2021 or whatever?
It totally did. It totally did.
And I don't see enough people like talking about that, talking
about like the fact like cuz you kind of have to like if you see
it, if you see it connected with the price it is, it is so
obvious that you know it kind of neutered.
It kind of neutered the last bull, the the last bull run like
it was so freaking obvious. Opti, could you could you take
it over while pull this up for a SEC?
Yeah, yeah. So as I was saying, you know,
like any country that wants to stop people from using Bitcoin,
stop their citizens from benefiting from a hard cap asset
and avoid debasement will shoot themselves in the foot.
And now we have this real time experiment like we have a real
time example of. One of the biggest countries in
the world is trying to ban Bitcoin and they couldn't even
stop it. So like, that concern is
completely off the table. And of course we're still kind
of feeling the effects of this because we have yet to make it
into the next all time high. We are, we're still kind of in
this bear market, crab market. And so it's still kind of
happening where people are like, wow, you know, China banned
Bitcoin and you know the price hasn't recovered.
So we're still kind of in like the obituary phase.
But this epoch of China banning Bitcoin just proved to the world
that Bitcoin isn't stoppable. Unstoppable.
Like the honey badger doesn't care, it will make its waves
even within the country, people are still using it.
And again, it just goes to show like this is the reason for
Bitcoin. And if an authoritarian,
tyrannical government goes to stop or try to stop Bitcoin, it
just proves. The very reason for bitcoins
existence that you need something that is censorship
resistant, hard cap and that cannot be stopped because this
is the separation of money in state.
You do not want a small government or even a big
government to be the sole controller of currencies and
here we are. We have real time examples of
this happening and. It's just awesome man.
Like the meme that we say I, I I don't remember who it was.
It might have been Kaiser who created it but you can't ban
Bitcoin. You can only ban yourself from
Bitcoin and even further safety and always says it like you
cannot isolate yourself from the consequences of not holding the
hardest money in the world. And here we're seeing this
happen in real time and so you know again I we are a bit
American centric here because we are in America and we're
concerned about our country. It just goes to show that all
you politicians out there fighting Bitcoin are just.
Shooting yourselves in the foot. Dude, 100%.
I mean, remember what Jack Mahler said during the BPI
Summit in DC in the Imperial City?
He said. Look like if you guys don't get
your shit together like I'm leaving, you want Bitcoin
companies to be paying taxes in Texas, not in Dubai.
And then during the Bitcoin conference Bitcoin 2023, he
announced that he's moving strike till Salvador like and I
think that's what politicians don't quite grasp.
Like they don't understand. No, shout out Armand the par man
when my I love this bitcoiner. Anyways, so this is what I was
talking about and I don't see a lot of people talking about on
Twitter like they talk about the FTX and the paper Bitcoin.
And how that played a role. But I don't see enough people
talking about this, right? And this was so the white line
represents the price and the blue line represents the hash
rate. Now take a look at what happened
to the price when the hash rate dropped and this giant hash rate
drop. And I think it was like close to
50% was during the China ban, right?
And then why did the price follow it?
Well, a lot of those Bitcoin miners that were based in China
had to sell a lot of Bitcoin. To relocate overseas now
something really interesting happened and I think this was
you have the four cores I think was like one of Bitcoin's
biggest stress tests. But I think this comes in 2nd
and this was Bitcoin basically surviving its First Nation state
attack without any central authority or CEO.
These minors relocated on their own by Bitcoin's incentives
alone. And now the Bitcoin hash rate
has already surpassed the all time high of when all that
mining was located in China. So the Chinese government they
attacked Bitcoin, Bitcoin. The Bitcoin hash rate
decentralized in the process and now it is higher than it was
when it was centralized in China.
And that is a testament to Bitcoin's incentives and also.
If you you can't kill the honey badger, you're only going to
make it stronger. So I think, I really believe
that this is what cut the last bull market short in my opinion.
I mean look, you could see it for yourself.
Search on Google Bitcoin hash rate and Bitcoin price and
you'll see it. It's a direct correlation and I
think that's why we saw that like weird thing where it's like
it went from 61, dropped 50%, then it went back to 69 K.
I think it took out the momentum of of, of, of the bull market
and I think they did it on purpose in the last thing.
But it's interesting how they're changing to now.
But it kind of makes sense, right?
The hat, they didn't kill Bitcoin.
They made it stronger. They made it even more.
Decentralized hash rate continues to make all time
highs. It's still alive.
Yeah, I mean, you know, it's been made legal tender of a
country. Michael Saylor is using it, you
know, as an alternative to Fiat currencies on the public company
level. Yeah, man, like, you know, it's
just crazy. Mika, Nika, you know how we
always kind of troll it's, I'm kind of trolling here.
But you know how we always say like the the corporate blueprint
of fighting Bitcoin? And then packing your bags and
then saying it's OK and the price starts to go nuclear.
Are we seeing this on the nation state level?
China is just like, yo, we need to get more Bitcoin.
How do we make the price drop so that we can stack more Bitcoin?
And then finally, you let the horses out the race and be like,
yeah, you know what? Well, they can go on price big.
Only they could have. They could have only fired that
shot one time. And they because you know,
because you know that those minors are not going to go back
to China like, you know, like that you shot that one, you shot
your shot and then that's it, right?
So anyways, interesting, it's time to get to the culture.
But before we get to the culture, I want to give a very
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Bitcoin Festival, October 5th through the 6th in Los Angeles,
CA. Anyways, Opti, what are we going
to talk about today, bro? Yeah, of course.
Well before we get into talking journalism on the corporate
level with Mickey and in regards to covering Bitcoin.
Everyone in the chat usually loves a good How did you get to
Bitcoin Story? So Mickey, how did you become a
bitcoiner? So let's see.
Early 2020, I was a captain in command at a unit in Fort Hood,
and one of my soldiers started telling me about how he was
earning money, You know, like running a computer.
So it turns out he was mining Aetherium.
So I started started digging into it, didn't really
understand all the crypto stuff, but I I have a economics
background from college and so Bitcoin really sort of made
sense to me. And so in instead of, you know,
contributing to my IRA that year sort of convinced my wife to let
me buy a minor, so. I bought a bought a GPU miner
off of eBay, not really understanding what I was doing,
plugged it into nice Hash and started mining shit coins but
being paid in Bitcoin so it's like a cloud binding service so
I didn't even understand that really.
All I knew I I plugged in a computer and I was earning
Bitcoin and so. Maybe a month later COVID crash
happened. Government announces trillions
of dollars in stimulus and sort of went from zero to 100 in
terms of of allocation. Soon after went to grad school
and just sort of went on to the next job in the army, right?
But wasn't necessarily satisfied with what I was doing.
So I was trying to find a way to do a.
A proof of work project just kind of poking around.
Accidentally stumbled on the Bitcoin Magazine's article
submission link looking for their customer service e-mail.
Just sort of wrote something up, sent it in and and it got
accepted. So started contributing pretty
regularly with Bitcoin Magazine. About nine months later, got
picked up by a Forbes editor and so.
I think it's been it's. I think it's been about a year
and a half since I started writing and I have about 70
articles published across Bitcoin Magazine, Bitcoin
news.com, Forbes and then I got one with Citadel 21.
Love it, dude. Great story.
All right, well, let's get to the topic of today because you,
you tagged me on Twitter as I I maybe like a month ago and
you're like, I I forget what we were covering that day, but we
were covering something about the corporate press.
And I was probably being very cynical and pessimistic in
regards to the corporate press covering Bitcoin.
And you tagged me like Opti. You got to be more optimistic
about what's going on in the corporate press.
And it really reminded me of the Fight Club meme of, like
bitcoiners, we are everywhere. We're the ones running the
nodes. So I guess at this point,
Mickey, like what is the company ethos over there at Forbes and
what are you seeing from behind the veil?
Yeah, so when when the Forbes editor reached out to me,
reached out via friend, they they were looking specifically
for somebody to cover Bitcoin. And since I had been publishing
for almost a year, Bitcoin Specific Bitcoin Mag.
It was, it was kind of a natural fit.
And since since onboarding me, they've actually onboarded
several people and and sort of the thing that annoys me is that
like so you had, you had like that day or that week that
BlackRock announced the ETF and then somebody screenshotted, you
know, like Forbes Digital Assets section where they have all this
positive news about Bitcoin and it's like.
Oh, now BlackRock granted Forbes permission to write about
Bitcoin in a positive light. Well, it's it's like, no,
actually no, you you're just you just noticed today that Forbes
has been publishing positive articles about Bitcoin.
But so when I onboarded, essentially what you get is you
get like admin access to the site and you can publish
articles via like this portal page.
So my first two. The editor sort of reviewed what
I wrote and kind of helped teach me the the Forbes style and it
was all just editing for style, never for content.
And so after those first two articles, I I have portal access
to Forbes and I can write articles on whatever the hell I
want and and. And publish without an editor
even looking at it. So.
So Forbes has always been pretty positive covering Bitcoin.
In terms of articles that I've seen from them, they covered the
El Salvador news, they covered Bhutan, they covered Oman.
When it was announced that Oman was going to invest $1.1 billion
into mining infrastructure. When they released that famous
article that we covered that the Kingdom of Bhutan has been
secretly mining Bitcoin for years.
So they've always kind of had a more positive spin.
So, but my case would be, can both things be true?
Because I don't think you could say the same things about
publications like the New York Times.
And then, you know, I think Washington Post has been pretty
hostile, The Economist. And at what point, look, I'm so
dated to this point and I've had such a bad experience with the
legacy media and actually brought this up to Max and Stacy
at Bitblock Boom when they were on the news desk with us.
Clearly some of these publications aren't really
interested. In truth, I think they're more,
they're more narrative based. I obviously don't believe the
same thing as Forbes based on what your experience is there
and based on some articles that I've I've read that have come
out from Forbes. I haven't really sent it seen
any hit pieces. But I don't think the same thing
applies to other public publications that clearly,
clearly have a a a more malicious spin when they're
covering certain topics. So what's your take on that?
Yeah, so I I wrote an article for Bitcoin magazine a couple
months ago when Peters is a Z Hand, Zihan, whatever his name
is, went on Joe Rogan and said that stupid comment about
Bitcoin going negative, right. And and I think I think at this
point like. Corporate media and and experts
of all sorts sort of sacrifice their longterm credibility by
remaining intransigent to Bitcoin.
Right. And so I, you know, at this
point, they sort of seem like they're grasping for straws and
and yeah, so there are some, like, overtly hostile media.
Organization. What are their motivations like?
Why are they hostile? That's the part that we've been
trying to figure out for like 2 years now.
Opti, right. Been kind of beating that drum.
So why are they openly hostile towards Bitcoin?
What does I believe? I think it's ideology.
I think they're ideologically opposed to it.
What are they ideologically opposed to?
Freedom. Money.
Like money that doesn't steal from you?
Non inflationary money. Yeah.
So it seems like they they sort of focus on the like the ESG
energy narrative, like Bitcoin is a waste of electricity,
right? And and and so I think, I think
it's sort of like this, this intransigent ideology mixed with
massive egos that just sort of prevent them from learning.
And and and I think that's sort of most of it, right.
It's just it's just ego and ideology mixed together and they
they don't. I I I think it's only a matter
of time before they sort of pivot though and see the writing
on the wall. Yeah.
Okay. It's that's interesting.
Interesting. Opti, what's your take on all
this? I mean, I think it's.
Kind of like well, without getting like conspiratorial and
and you know following the money of of who owns those companies
that are very negative towards Bitcoin, you you can very
clearly see that there is some connections.
But it's just I think it's very awesome to see that Forbes is
actually giving bitcoiners just like free rein and being like
all right guys like hey, right. What you think it's interesting
and we can post this on our channel.
So my question is, is Forbes becoming the de facto corporate
Bitcoin machine? You know, potentially and and so
the interesting thing is like I I don't even know how to tow the
party line at fours because I have no idea what the party line
is. You know, the, the editor I
have, you know, tweets about cold cards and Bitcoin being a
girl's best friend, you know, things like that.
And you know, every once in a while she'll sort of like she'll
shoot me an e-mail, say like, hey, I think this is a great
idea for you to cover. Like you know here's the thing
that happened but but never once have they ever said like you
need to cover this this way or like I don't like how what you
said about that article you know it it it's pretty much free
reign man and it and it's really cool because they're they're
sort of like the more bitcoiners get in there the more you're
sort of able to recruit other bitcoiners and just sort of
infect. Infect the mainstream narrative
with with Bitcoin and and and an interesting thing that I see is
is when I log into my portal I can pull up stats and see you
see clicks and all that stuff and then you can also see
subscribers and so people that pay for Forbes, you can see a
count of how many of them subscribe to your content and
and have it sort of delivered to them in their inbox when they
get their daily or weekly emails from Forbes.
And so that has been slowly ticking up on my page at least,
which is, which is sort of an interesting observation.
That's really, really awesome. And shout out to you, bro like
that. That's really crazy.
I always see this. The way that Opti and I
described this is like narrative trench warfare, like you're
really trying to win over the hearts and minds of individuals.
So I think you're playing an essential role here because
you're inside the belly of the beast, so to speak.
Even though again like I just want to say this, I, I, I, I
don't think I've ever read an article from Forbes like in the
last couple of years that have had that has had a negative
Bitcoin spin. But you would consider Forbes as
part of the the legacy media like 100%.
So I'm really glad that at least some entities of the legacy
media have been covering a Bitcoin.
Fairly better said not even you can't even say positive just
fairly fair reporting which I think is really really good and
shout out to you bro for for being a part of that.
And I think it's just a testament of of your proof of
work and your your your story is quite interesting and it's a
story that I've seen so many kind of bitcoiners fall into,
which is I always get the job like how do I get a job in the
Bitcoin industry. And my response is always the
same and Opti and I actually covered this on our on our bit
block boom special when we were in Austin recording in the
Airbnb that we rented the whole culture.
We just dedicated to how Opti and I met.
You know how we got jobs in the in the space like house
whatever. And it's proof of work like it's
like go in there provide value work your ass off and then the
work speaks for itself And then all of a sudden people start to
notice. And I think, you know, you're
another example of that and I'm really, really glad that, you
know, you have the, you have the ability to write for a, you
know, a well respected institution platform that gives
you a huge reach and you get your message out there.
And also shout out to Krypto Bostardo, fellow Venezuelan who
has also been writing some amazing pieces for Forbes as
well. So it seems like over at Forbes
you guys are pretty pretty Bitcoin friendly.
Yeah, definitely and and and somebody said, I think in the
comments is like Trojan horse the shit out of people and and
yeah it's. Like that's that's sort of the
whole intent, right? Is you know you send a normie an
article from Bitcoin Magazine and then it's kind of like,
yeah, whatever, that's great. Like I love Bitcoin magazine and
they, you know, I started there. I have like they'll always share
a special place in my heart. But at the same time like
sending an article about Bitcoin to to like a normie that that's
published at Forbes just sort of has a completely different
impact. It adds sort of this.
This level of of legitimacy to it that that the normies sort of
respect more 100%. Yeah, I can't even agree more.
Actually, we got we got another comment in here and I'd like to
take your, your, your take from this Mike Mickey.
This Kimmy says the fact Forbes is allowing Bitcoiners space to
write simply tells me that the insiders smell another grift.
Is Forbes allowing you guys writing over there simply a
grift or is it one of these things?
I mean, you said your editor talked about cold cards and
stuff, so like. Is this one of these things
where, like Bitcoin changes you, You don't change Bitcoin and
just seeing where the future is headed?
Or would you be pessimistic? Like our friends in the chat
saying it's a grift? No, I mean, I don't.
I don't understand how it's a grift, right?
I think it's just incentives playing out, Like as Bitcoin
permeates sort of the collective consciousness of society, people
are going to be more interested and want to learn about it,
right? And so if Forbes is getting
feedback that, hey, they want more Bitcoin content, I think
that's just sort of an illustration of of incentives
playing out and people getting more interested.
I don't really understand how Forbes could be grifting by
writing, you know, allowing me to, like, write whatever the
hell I want. Yeah, I agree.
I agree. I agree with that statement.
Anyways guys, before we move on to the memes, I want to give a
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Anyways, guys, let's review some memes.
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That was different.
You already know the deal. This is the meme.
Wait, wait, wait. Hold on, hold on.
Do we have Opti's meme in here? One.
You know which one, Opti. I don't know what you're talking
about. You know the breaking.
Right. No, I don't have that up here.
That's your meme, bro. You can pull that up if you
want. All right.
Anyways, Anyways, anyways, this is the meme review where you
guys tag us in memes on Twitter at simply Bitcoin TV.
Or you can do my personal account at Optimist Field on
Twitter. I will get to those as well or
drop them in our Telegram group. But guys, I know you don't like
the tracking on Twitter, but give me the tweet so I can give
people the the respect and and you know, accolades that they
deserve on the meme review. To the bullets, memes or the
artillery. As you can tell, we are in an
information what do you say? Narrative trench Warfare, Nico.
And we do have people in the belly of the beast guys, so do
not underestimate the power you have in spreading the signal.
We are all doing our part as bitcoiners to incept the ideas
of Freedom Money. And the everyday persons,
whether that's Mickey over at Forbes, whether that's you
having the conversations with your friends and family, whether
that's you just making some funnies on Twitter and making
your Bitcoin friends laugh, It all plays a part.
Anyways, I got tagged on this one by Donovan.
And this is a BTC therapist memes and he goes this is the
way hashtag BTC and we got a quote here from Princess Diana
and it goes only do what your heart tells you and all of you.
Bitcoin's hearts out there goes by Bitcoin every day for the
rest of your life And then just Chad bitcoins you got it boss
you got it boss always stack Bitcoin as I always say that
Bitcoin ABC's always buy consistently this is the way.
Anyways, this next meme is by Maxie's Club and honestly very
fitting considering the culture today and you know, sometimes
these synchronicities just. On the show, Maxie's Club goes
506. We're close, and it goes how
close we are for humanity to understand that Fiat is fucked.
We are so close and the Normies are waking up and they're
starting to feel the pain. Guys, we have so many receipts
and so many examples. Coming out on social media of
just the everyday person feeling the pain of inflation and
looking out into the world and wondering what the hell is going
on and looking for solutions and this is the importance of you
guys spreading that signal and waking people up to what is
happening next. Meme is by McConnell face and it
goes. Sometimes it's also tiresome and
and shouts out to our boys in the chat that are like man,
maybe I'm just a jaded bitcoiner.
It's just it's also tiresome man.
We just, you know, we're bombarded with so much stuff
that we get. We become big jaded bitcoiners
and we got the classic what's this Ben Affleck meme where he's
smoking a cigarette and he's just like outside just just worn
down and we have all the different memes on top of it.
And we have, you know, the girl talking to her boyfriend going
the Fed is gonna pivot any day now and we have the guy yelling
in the girls ear going. Institutions are coming bro.
And we have the guy at the baseball game talking to the
girl. Like exchange balances are at
record lows bro. So and then we have the other
guy, you know the the short wrestler looking guy talking to
the girl and she's all weirded out to go finances and FTX
levels of trouble and it's just a Bitcoin or me just trying to
huddle through the bear crab market.
This is the way guys just sometimes tune out the noise and
get back the fundamentals. Bitcoin is winning.
The Bitcoin fundamentals haven't changed.
All you need to do is stack Bitcoin, take Bitcoin into self
custody, run a node and you know get outside, touch some grass,
get fit, get healthy. This is the way so you can usher
in them stats. Next meme is by my boy Ropeium
and he just goes hashtag Bitcoin and it's a picture.
Here goes a good book can change your life.
And we are all the normies and we have all of us.
Before we were ardent bitcoiners and before we read the Bitcoin
standard. And so it's a line of them going
under the Bitcoin standard and then coming out as Chad
Bitcoiners holding cold cards and laser eyes and tuxedos.
Because this is the way you need to read the material so that you
know why you Bitcoin. And once you know why you
Bitcoin, it becomes so much easier.
And this next one is by meaning Bitcoin.
And I don't know if this is AI. It might be AI.
And it's a picture looking up at what do you call those things, A
billboard. It's not a billboard.
It's kind of like a billboard. Like the Times Square?
Yeah, like the Times Square videos and whatever.
You know what I'm saying? And it's got the Bitcoin, the
classic gold coin Bitcoin meme on top of.
It myself, one of those. Just put it on my desk and it's
just got bitcoins on it. And it goes.
This is This is why why we brought this one on today is for
the quote Here goes dream of bitcoins rise as if you'll
witness it forever, but by as if the next dip might be the last.
This is the way, guys. So wisdom there, I forget what
the iteration on that meme is. But hey, we know the price is
going up forever, but these dips will not last.
So do not be like all about dude, all right, story time.
Do not be like me last cycle where it's like, OK, man, like I
I might need this dry powder because I'll get another dip and
then you never see that 3K dip again.
And you're like, at least I bought it like 3600, like
whatever. At least I got a little bit.
Guys stack as much as humanly possible.
This is the way, because you're never going to get these dips
again, man. There, there's a point when you
don't come back to these Bitcoin prices and you're going to be
looking at your grandchildren and be like, I had an
opportunity to buy that dip and they're going to be like, why
did you buy it? You suck, Grandpa.
Grandma, You could have been richer.
Maybe. Who knows?
Anyways, drop your meme review score over there on the other
side of Nika and we will cover it live.
And I will cover mine live. All right.
I gave you mine my past from Bitlock Boom.
But I'm giving you wine it. Kisses pass.
Oh, Bitlock boom. He left it and there's this M
pub in there if you guys want to follow him.
On He really wrote it down. He really wrote it down, dude.
He's sort of the culture. That's crazy.
Anyways, that's a good score.
That's a good score by the way. Shout out.
It's called a marquee. Apparently a marquee, not a
billboard. A marquee and interesting.
I didn't know it was called that.
Anyways, maybe, I don't know. Whatever.
We appreciate you all if you're watching us from Twitter and
Rumble guys. If you can't find us on YouTube
for whatever reason, we we stream Monday through Friday,
rain or shine, 12:15 PM Eastern Standard Time.
So follow us on Rumble, follow us on Twitter and then we got
like 40 people watching from Rumble.
So shout out to you guys over there.
It's nice. It's nice getting, getting,
getting viewers from other platforms, it's, it's it's quite
refreshing. My score is going to be a meme
that I dropped on Saturday and basically Christine Lagarde was
vacationing in the French Riviera and Opti was caught in
the picture. Well guys, I had a great weekend
on the French Riviera. Fortunately, I am back and I
have to work on this holiday. But hey, you know, you don't
stop the grind. Don't stop.
We're out here stacking sets. Did you get Did you get Fiat?
Did you get some EUR from Chrissy?
Dude, I am Chrissy, sugar baby. She paid good.
All right, Mickey, Vicky. So Opti.
Opti is doing it for the culture.
It's always for the culture. Mickey, what's your meme score?
Yeah, so my meme score kind of wanted to rip off some band aids
of an old fight, and I brought a lightly oiled.
Wow. Carbon steel pan which is better
than stainless steel carbon. Okay.
Yeah. It's better than stainless steel
and cast iron. So yeah, wow.
New Come start a new war. Look at that.
Wow. Okay.
Yeah. Wait, hold on.
Hold on Nico. Just like good bitcoiners, we
always just, like, rehash the memes and the arguments.
Every other couple of months it just stirs it up.
Carbon steel. That's pretty badass, bro.
That's awesome. All right, so I have to mention
this or wine will literally kill me.
Guys, check out our merch. It just dropped.
You got to check out our merch shop.
I literally have a shirt right here.
It's the wait, show the tag Nico.
It looks good. You can.
It's clearly on. There you can see the you can.
See the tag look we pay attention to detail Bitcoin or
slavery. It's on there.
Simplybitcoin.tv takes us. So this isn't a cheap T-shirt.
This is high quality. It's made from our friends over
at Represent. So check it out.
Get yourself some simply Bitcoin merch.
All you gotta do is scan the QR code, take you directly to the
website, you can pay in Bitcoin. So yeah.
Anyways, guys, drop your scores. In the live chat and we'll get
to them first score by Kim Gage. I score those memes.
You've successfully withdrawn .0499 Bitcoin from your account.
OK, I like that. Yeah, taking soft flex.
To self custody, Elaine Lowell Trojans jump out of the horse,
throwing down their FUD weapons to embrace Bitcoin because they
need it too. Very, very nice.
Next, next one. Opti, hold on, hold on.
That's I'm I'm there's a delay. There's a delay here.
There's a delay. Oh, oh, we got one.
We got one. Johann Greenhill.
I give the memes a date with Opti.
Jonathan. Jonathan.
Hey, you can have her, bro. She pays well.
All right, we're out of time. We're out of time.
Guys, if you enjoyed the show, you know what to do.
Smash that like button. I'm your host, Nikos, my cohost,
Opti. This is an episode of Simply
Bitcoin Live. I want to give a very special
shout out to our guest, the Plebias economists, thank you so
much for joining us today. Keep up the good fight within
the belly of the beast at Forbes.
Thank you so much for joining us bro.
Yeah, thanks for having me. And if if you guys have a second
Bitcoin Veterans new podcast featuring Alex Stanzic, Mike
Hobart, Shane Hazel and Gabe Lord and Operation Libertas,
they talk about freedom and Bitcoin one. 100% huge fan.
Love those guys, homies. And yeah, big fan of big fan of
all those guys. And check out Bitcoin veterans.
Anyways, guys, thank you so much for tuning into another episode
of Simply Bitcoin Live. If you enjoyed the show, you
know to do smash that like button.
Consider subscribing if you feel like we provided you value.
But the number one thing you could do to push this peaceful
Bitcoin revolution forward is share Bitcoin content.
Share this Bitcoin content. Share other Bitcoin content.
Don't be exclusive. Be inclusive.
Don't share. Share coin content.
That's counterproductive. Have an amazing Labor Day and
we'll see you tomorrow for a brand new episode of Simply
Bitcoin Live. Peace out, y'all.
SMS Srikanth.