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Yo welcome to another episode of
Simply Bitcoin live. 

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Your number one source for the 
peaceful Bitcoin Revolution 

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code. 
Breaking news culture medic 

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Warfare. 
We will be your guide through 

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the separation of money and 
state Michael sailor Vindicated 

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hee hee they just had their 
quarterly report to see if 

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they're profitable how they were
doing and it blew everybody out 

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of the water in terms of 
expectations, right? 

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And a key point to that was the 
Bitcoin strategy microstrategy 

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has so much Bitcoin that at this
point. 

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It's behaving like a Bitcoin 
ETF. 

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Now for the you know the during 
the the depths of the latest 

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bear Market where we hit you 
know 15 16 K right A lot of 

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people were questioning is 
strategy not only Michael sailor

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but they are also questioning 
name bouquet Lee and I'm 

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buchelli strategy as well. 
Well now that I think we're 

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going toward we're getting out 
of the, you know, supposedly 

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maybe we're out of the worst 
part and we are if Bitcoin is 

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still following its historical 
Cycles we're beginning and this 

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is dr. 
Jeff Ross said this yesterday we

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are in the very beginnings of 
the next bull market, right? 

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But the first year of the next 
of the first of the beginning of

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the bull markets are always kind
of slow, right? 

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So I think Over the next three 
years microstrategy's 

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microstrategy's Bitcoin strategy
is going to continue to be 

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Vindicated and I think just 
because of Market forces that's 

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going to get other questions 
that that's going to get other 

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companies. 
Other public companies to start 

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looking into Bitcoin and perhaps
say, maybe it's not a bad idea 

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to put this on our treasury. 
So very, very exciting stuff. 

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Also breaking news from the 
White House, we're not going to 

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In depth into it today. 
It's become very clear. 

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The B Administration does not 
like Bitcoin, okay? 

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In the presidential economic 
report which they release on a 

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yearly basis, it was released 
either a couple weeks ago or a 

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month ago. 
They dedicated an entire segment

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like 20 pages of that report 
making the case as to why 

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Central Banking is necessary. 
Why Central Bank digital 

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currencies are the future and 
bashing Bitcoin at the same 

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time, right? 
That was really the first time 

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that they took a direct. 
Jab. 

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Well, now the second time 
happened in that was yesterday, 

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they made an announcement that 
they proposed, a 30 percent tax 

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on all Bitcoin proof-of-work. 
The majority of which is 

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Bitcoin, of course, 30 percent 
tax on proof-of-work mining in 

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the United States, which would 
basically kill the industry. 

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Would it make it profitable, 
right? 

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And I think that's what they 
want, right? 

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And then tie the tie that up 
with operation choke point 2.0 

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And there you go, right? 
So very interesting stuff, but 

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before we start the show, I want
to bring up my legendary 

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co-host. 
Always optimistic how you doing 

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Opti? 
How you feeling this morning? 

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Well, I got some much-needed 
rest last night. 

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I think I was in bed by like 
8:30, right. 

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As this whole news broke last 
night and I had to, I had to do 

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not disturb my phone, so I can 
get some sleep. 

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But man, as I was passing out 
last night Nika, you're going 

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ham on Twitter. 
I was I was pretty pissed off. 

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I was kind of livid about it. 
Is it really just makes you 

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wonder what what country we live
in and but we'll save that for 

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tomorrow and you know, shouts 
out to sailor apparently. 

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He seems to be the only one 
making smart moves out here in 

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regards to holding Bitcoin on 
their balance sheet. 

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But anyways on today's culture 
we got a Heinrich from Ellen 

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Capital so we're going to talk 
about all things Island. 

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Capital talk about what he's 
building, what he's working on. 

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So let's just bring them in. 
What's up, Henry? 

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How you doing today? 
Hi-ho good. 

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Are you wonderful, bro? 
Wonderful happy to have. 

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You happy to have you on the 
show? 

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What are we going to talk about 
during the culture segment Opti?

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I just said it, bro. 
We're talking about what Henry's

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working on Ellen Capital 27? 
Well is Ellen Capital, think 

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service providers lightning 
service provider. 

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All right, we got to build on 
that second layer. 

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All right, everybody, let's 
let's start the show. 

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Let's get into the numbers. 
Let's do this. 

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The Bitcoin numbers brought to 
you by novel. 

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At this point, you should be 
running your own Bitcoin note. 

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If you don't use your own 
Bitcoin node, you're trusting 

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someone else's run your own 
version of Bitcoin core. 

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The lightning Network, 
whirlpool, and Dojo all from the

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comfort of your own home. 
And if your digital Nomad, you 

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have absolutely no excuse 
because now you can run a novel 

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through a virtual private 
server. 

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Visit not L.A you today. 
Everybody else. 

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I want to tell you about the 
biggest Bitcoin conference on 

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the Face of the Earth, it's 
literally coming up in less than

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a month. 
Miami Beach Florida May 18th 

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through the 20th Bitcoin 2023. 
It's how many days is that Opti?

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Like 15 days you can use the 
promo code simply to get a 10% 

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discount on your tickets. 
You definitely don't want to 

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miss this. 
We call it. 

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The pill, the pilgrimage, this 
is the Bitcoin Super Bowl week. 

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Only happens once a year, you 
definitely don't want to miss 

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it. 
Let's go through some of the 

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speakers we have. 
Michael Lewis, he's the author 

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of The Big Short Moneyball. 
We have Michael say, Arthur Hays

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Tulsi gabbard Alex gladstein, 
Eric Weinstein, Adam back, Jack 

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Mahler, Stacy Herbert, the 
Bitcoin, Senator Senator Cynthia

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lummis. 
Patrick McHenry, he's a 

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congress, he's a congressman in 
the US House of Representatives,

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we have a member of government 
from the country of Indonesia, 

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273 million people and he's 
doing a fireside chat with 

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Samson Mao, who is dedicating 
his life right now to nation 

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state. 
Adoptions. 

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I'm very curious to hear what 
that announcement is. 

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And of course you have linoleic.
Alden and many, many more 

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speakers Opti and I are going to
be holding it down on the 

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analyst desk as well. 
You definitely don't want to 

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miss Bitcoin 2023. 
You can use promo code simply 

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get 10% discount at the time of 
recording. 

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The Bitcoin. 
Price is 20 8320 SATs per dollar

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3531 block height, seven hundred
eighty, eight thousand one 

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hundred and eight reachable. 
Bitcoin node seventeen thousand 

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ninety six blocks to having 50. 
1892 having estimate April 22nd 

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2024 total lightning Capacity is
5413 Bitcoin. 

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We want that number to go up 
Hendrix here. 

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I want to, I want to ask him 
about that and the capacity 

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values, 153 million, u.s. 
dollars realized monetary 

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inflation Bitcoin continues to 
take Fiat currencies to Absolute

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school. 
That number is going to keep 

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going down, 1.75 percent and the
market capitalization of Bitcoin

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548 billion dollars with Abby. 
Anyways, I want to talk about 

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the breaking news that happened 
yesterday. 

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But first, I want to give a 
little bit of Tax because this 

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this should not have caught 
anyone by surprise specially. 

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If you guys have been tuning in 
to Simply Bitcoin, this has been

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a developing story for quite a 
while now. 

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Right. 
It started with the Rumblings 

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right? 
That we actually picked it up on

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simply Bitcoin, but I think Nick
Carter were two great pre a 

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great piece that really laid out
the multiple moves that the B 

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Administration made in the hopes
of isolating the industry, but 

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they escalated it right. 
Those Kind of I wouldn't call 

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them shadow moves but they were 
moves that they weren't also 

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acknowledging. 
They're saying no we're not 

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doing that. 
You're crazy. 

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What are you talking about? 
But really in the last two 

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months, they've gone out and 
made their position, very clear.

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The first thing that they did 
was the, the the report that was

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released, here's a coin. 
Des article that talks about it 

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for a little bit just to provide
context before we play you guys 

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a video. 
It says the B Administration 

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took aim at Bitcoin and shit 
coins. 

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And a new report arguing that 
many aspects of the digital 

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asset ecosystem, are creating 
issues for consumers, the 

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financial system. 
And the environment, the quote 

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economic report of the president
published on Monday. 

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And the, the date of this 
article is March 21st is an 

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annual publication by the 
Council of economic, advisers 

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aimed at explaining the 
president's economic priorities 

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and principles. 
The March 20 23 issue included 

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an entire chapter on Assets and 
quote economic principles and 

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what were those economic 
principles, those economic 

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principles in the in the eyes of
the current Administration is 

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the necessity of Central Banking
and the necessity of Central 

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Bank. 
Digital currencies. 

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Well, it escalated even more and
this is what came out. 

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This is what came out yesterday.
We're going to spend tomorrow's 

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episode completely on this B 
administered. 

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By an Administration proposes, a
30% climate change tax. 

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On cryptocurrency mining. 
Why is that tax not applied on 

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lithium mining or on gold 
mining? 

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Why is it specifically on 
Bitcoin? 

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Mining will connect the dots If 
people have an ability to choose

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between Bitcoin and a central 
bank, digital currency, what do 

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you think they're going to 
choose? 

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Well, obviously they're gonna go
and they're going to choose the,

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the currency the unit of account
that has better incentives. 

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Now, the good news though, is 
that, you know, the awesome part

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about the u.s. 
Opti and I are not quite at, 

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okay, we're getting out of 
there. 

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Moving to El Salvador, still in 
the holding it down phase. 

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But the awesome part about the 
u.s. is the Individual 

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sovereignty of the states, 
right? 

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So, clearly, the federal 
government is taking a specific 

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sense, Pro Central Bank, digital
currency. 

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Now, the good news is though 
that individual states are 

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taking an anti Central Bank, 
digital currency stands, and 

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they're actually taking a pro. 
I hate Pro crypto, but all we're

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all roads lead to bitcoin, 
right? 

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The cryptos are inherently 
centralized. 

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Meaning that they will 
inevitably be co-opted by 

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government. 
You have to have something that 

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is truly. 
Centralized. 

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The only one, which is Bitcoin 
right now. 

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You had that Announcement by 
Biden and around the same time 

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you had Governor Ron DeSantis of
Florida and he had some thoughts

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on Central Bank, digital 
currencies. 

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Let's take a let's take a listen
The danger of the digital 

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currency is that one. 
They want to make that the sole 

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currency. 
They want to get rid of crypto, 

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which my view is, is like if you
want to invest in crypto, it's 

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up to you. 
You can do it. 

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I mean, like, you can make those
decisions, but they don't like 

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crypto because they can't 
control crypto. 

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So, they want to put everything 
in a central bank, digital 

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currency. 
And I guarantee you, if they're 

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able to ever get away with that,
they will impose ESG and social 

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credit scores on to that And 
that's going to be a huge 

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reduction in Freedom for people 
in this country. 

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And so what we've said we're 
going to say in Florida is 

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there. 
They haven't done it yet. 

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I don't think Congress would 
authorize it but if the fed or 

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the treasury tries to do, it 
unilaterally in Florida, will 

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have a Prohibition against that.
And I think that that's ensuring

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your financial Independence and 
making sure that we don't have a

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financial surveillance state 
where they know every 

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transaction that that you're 
making. 

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I think that That's 
fundamentally wrong. 

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So we are recognizing the 
dangers with this agenda. 

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That wasn't a Bitcoin or saying 
that, that wasn't simply Bitcoin

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saying that that was the 
governor of a very big state 

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saying the quiet part out loud. 
They want, they hate Bitcoin and

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00:12:09,400 --> 00:12:11,400
should coins because they can't 
control them. 

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00:12:12,100 --> 00:12:15,500
And they want people using a 
money of which they can control.

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And not to mention, he said the 
quiet part out loud, he just 

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went straight into the social 
credit system, which is a theory

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that we've been saying this for 
years. 

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Now, at this point, but I'm glad
that it's being brought up to 

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this level. 
So, I think even with Biden 

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taking this stance using every 
excuse possible. 

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The environment, right? 
Remember the New York Times 

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article, what did they use? 
They use the environment. 

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Excuse? 
Right. 

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We must we must ban this because
the environment. 

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00:12:48,700 --> 00:12:50,400
Another question that I have is 
like, okay. 

230
00:12:50,800 --> 00:12:54,400
So what about electric cars? 
They use electricity to our 

231
00:12:54,400 --> 00:12:57,700
Bitcoin toasters. 
So known as Asics they don't 

232
00:12:57,700 --> 00:13:02,900
emit CO2 directly. 
So, you know, so you have a 

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00:13:02,900 --> 00:13:07,000
problem with how people use 
electricity in the first place. 

234
00:13:07,000 --> 00:13:10,800
Like that, is the real issue 
here and we're going to get to 

235
00:13:10,800 --> 00:13:14,900
in tomorrow's episode is where 
they taking this inspiration 

236
00:13:14,900 --> 00:13:17,900
from. 
And that is very, very 

237
00:13:17,900 --> 00:13:20,800
interesting. 
But anyways, I want to get your 

238
00:13:20,800 --> 00:13:23,100
thoughts Opti Opti. 
I think we called it at this 

239
00:13:23,100 --> 00:13:27,200
point. 
We nailed it, bro. 

240
00:13:27,300 --> 00:13:30,000
We said it. 
We said it and we can't be 

241
00:13:30,000 --> 00:13:32,800
labeled conspiracy conspiracy 
theorist at this point. 

242
00:13:32,800 --> 00:13:35,600
If you have the governor of a 
state saying, well, we've been 

243
00:13:35,600 --> 00:13:40,300
saying for the last basically 
year and a half, you know, but 

244
00:13:40,300 --> 00:13:42,600
the majority of the show's 
existence, really. 

245
00:13:42,800 --> 00:13:44,200
So, what are your thoughts on 
this brother? 

246
00:13:44,600 --> 00:13:48,800
Well, I mean, I have you over 
here and this is just a summit 

247
00:13:48,800 --> 00:13:53,100
against Bitcoin, you're against 
freedom, and the more, the more,

248
00:13:53,100 --> 00:13:57,000
you know, I've said in the past,
the more a government Is to 

249
00:13:57,000 --> 00:14:01,500
Outlaw Bitcoin, the more bullish
that I get and it really is a 

250
00:14:01,500 --> 00:14:07,500
shame that the u.s. government 
is being so Aunty Bitcoin from 

251
00:14:07,500 --> 00:14:10,200
the top down level. 
But I mean like you said, you 

252
00:14:10,200 --> 00:14:12,800
know, if you're against Bitcoin 
you're against Freedom like why 

253
00:14:12,800 --> 00:14:15,100
are we being forced to use a 
money that steals from us? 

254
00:14:15,100 --> 00:14:18,000
Why is this the norm especially 
in the face of all the bank 

255
00:14:18,000 --> 00:14:22,500
failures? 
The very next day, we are seeing

256
00:14:22,500 --> 00:14:25,600
them roll this out, like taxing 
on Bitcoin mining. 

257
00:14:25,700 --> 00:14:29,500
Like what the hell is going on? 
Like this is not by accident. 

258
00:14:29,500 --> 00:14:32,400
I've been saying it for a while.
You know we definitely were 

259
00:14:32,400 --> 00:14:35,700
having the naive take of like oh
maybe they're just uneducated, 

260
00:14:35,700 --> 00:14:37,900
they don't know what they're 
talking about, but I think in 

261
00:14:37,900 --> 00:14:41,100
the face of all of this I would 
just say it is pure evil. 

262
00:14:41,200 --> 00:14:44,800
This is this is a pure ploy to 
control human behavior. 

263
00:14:45,100 --> 00:14:47,500
And you know, why is the federal
government picking winners and 

264
00:14:47,508 --> 00:14:49,500
losers? 
Why are they telling us what we 

265
00:14:49,500 --> 00:14:51,700
can and can't use our 
electricity for like I thought 

266
00:14:51,700 --> 00:14:53,600
this was the land of the Brave 
and home of the free. 

267
00:14:53,700 --> 00:14:57,900
Like, what is going on here? 
This is Lee insanity and this 

268
00:14:57,900 --> 00:15:01,200
climate change, coal is just an 
excuse, like, it has nothing to 

269
00:15:01,200 --> 00:15:03,900
do with saving Humanity, saving 
planet Earth. 

270
00:15:04,100 --> 00:15:08,400
It's just a pure ploy to control
people's behaviors, and it 

271
00:15:08,400 --> 00:15:09,700
absolutely pissed me off 
yesterday. 

272
00:15:09,700 --> 00:15:15,000
When I, when I heard all this 
stuff and I think it's just you 

273
00:15:15,000 --> 00:15:18,400
know, foreshadowing where we are
going. 

274
00:15:18,800 --> 00:15:23,000
And again I know we said it's 
not we can't be conspiratorial 

275
00:15:23,000 --> 00:15:25,600
at this point but I am going to 
put on my tinfoil hat right now.

276
00:15:25,700 --> 00:15:28,300
Now because it feels like 
controlled demolition. 

277
00:15:28,400 --> 00:15:31,500
Like, it feels like everything 
is happening in a way to push us

278
00:15:31,500 --> 00:15:35,400
to see bdcs and stop the Escape 
valve which is Bitcoin like 

279
00:15:35,400 --> 00:15:39,500
Bitcoin is as American as apple 
pie Bitcoin should be endorsed 

280
00:15:39,500 --> 00:15:43,500
in America because aren't we, a 
land of freedom of letting 

281
00:15:43,500 --> 00:15:45,800
humans act towards their best 
interests. 

282
00:15:45,800 --> 00:15:48,300
And now we have the federal 
government telling us like oh 

283
00:15:48,900 --> 00:15:52,200
you know profitable businesses 
we're going to tax you more oh 

284
00:15:52,200 --> 00:15:54,900
businesses that are helping 
rural communities. 

285
00:15:54,900 --> 00:15:58,400
Oh we Allow this to happen 
anymore because of the very 

286
00:15:58,400 --> 00:16:02,000
thing that Ron descent is always
says now is the reason they 

287
00:16:02,000 --> 00:16:04,100
don't like big quantity because 
they can't control it. 

288
00:16:04,100 --> 00:16:07,700
And I mean I I'm not I'm not the
biggest fan of politicians. 

289
00:16:07,700 --> 00:16:11,700
You guys know this and I'm a bit
suspect of Ron DeSantis first 

290
00:16:11,700 --> 00:16:15,400
and foremost, but he's saying 
what we say all the time it is 

291
00:16:15,600 --> 00:16:19,900
angling towards pushing the u.s.
population towards a CBC. 

292
00:16:20,500 --> 00:16:24,000
And I think it's upon us to 
continue to call this BS out to 

293
00:16:24,000 --> 00:16:25,600
continue to get people to hold 
bit. 

294
00:16:25,700 --> 00:16:28,400
Coin to get Bitcoin into their 
hands because this is the only 

295
00:16:28,400 --> 00:16:30,800
way we can really stop. 
This is having more people hold 

296
00:16:30,800 --> 00:16:35,200
Bitcoin and ensuring that they 
understand what is going on. 

297
00:16:35,200 --> 00:16:39,600
Because hey, the writing on the 
wall, they want to control 

298
00:16:39,600 --> 00:16:43,800
everything about us and this is 
absolutely sickening, especially

299
00:16:43,800 --> 00:16:47,900
as someone that's been sold on 
the idea of America being the 

300
00:16:47,900 --> 00:16:51,000
land of the free, you know, I 
remember what our founding 

301
00:16:51,000 --> 00:16:55,400
fathers fought for and it was a 
lot less tax and 30%. 

302
00:16:55,800 --> 00:17:00,100
Like I think it was what like 
three percent on T itself and 

303
00:17:00,100 --> 00:17:01,700
now they're trying to tax 
everything about, it's like, 

304
00:17:01,700 --> 00:17:04,000
it's absolutely mind-blowing. 
But hey, we'll go into this 

305
00:17:04,000 --> 00:17:06,000
tomorrow. 
Let's let's get Hendrix view on 

306
00:17:06,000 --> 00:17:10,800
this stuff. 
Hit load of this is as politics 

307
00:17:10,800 --> 00:17:13,800
in the US on? 
Yeah, being from Norway. 

308
00:17:13,800 --> 00:17:18,400
We have a quite a different sort
of political system in general. 

309
00:17:19,200 --> 00:17:23,900
And I mean, entire country is 
probably much more on the left 

310
00:17:23,900 --> 00:17:28,000
side than anything that's As far
left in the US, the reason, I 

311
00:17:28,000 --> 00:17:32,600
think, I mean, it's just a 
completely different system. 

312
00:17:32,700 --> 00:17:37,900
And I mean, different economy 
around that. 

313
00:17:37,900 --> 00:17:40,900
So that the level of corruption,
for example, is very, very low. 

314
00:17:41,400 --> 00:17:47,200
So, I mean, it's yeah. 
I see the problem where they 

315
00:17:47,200 --> 00:17:51,100
start adding these taxes and all
these types of regulations 

316
00:17:51,100 --> 00:17:54,000
without even, like, really 
understanding the problem. 

317
00:17:55,200 --> 00:17:57,900
So me, Yeah, it is problematic 
the entire thing. 

318
00:17:57,900 --> 00:18:00,500
But at the same time, like it's 
hard for me to comment really 

319
00:18:00,600 --> 00:18:04,600
in-depth on on the u.s. politics
and that's because I'm not like 

320
00:18:04,600 --> 00:18:07,100
I'm watching all this from the 
outside right now. 

321
00:18:07,100 --> 00:18:12,200
Of course, but Heinrich, what 
about in Norway or is there an 

322
00:18:12,200 --> 00:18:15,000
initiative by the government to 
push Central Bank, digital 

323
00:18:15,000 --> 00:18:16,700
currencies? 
Because this is a global 

324
00:18:16,700 --> 00:18:18,300
phenomenon. 
This isn't just something 

325
00:18:18,300 --> 00:18:21,200
isolated to the US. 
Yeah, definitely. 

326
00:18:21,200 --> 00:18:25,500
So they are working on it and we
will probably see it, not sure. 

327
00:18:25,700 --> 00:18:31,500
When at least a few years, but 
yeah, there's been a lot of 

328
00:18:31,508 --> 00:18:34,100
different movements. 
We had like, a few years back. 

329
00:18:34,100 --> 00:18:39,300
We had a proposed ban on 
northbound, but they won't 

330
00:18:39,300 --> 00:18:43,500
remove the electricity incentive
given to all sort of data 

331
00:18:43,500 --> 00:18:48,000
centers, etc for running, yeah, 
data center with the without the

332
00:18:48,000 --> 00:18:53,700
industrial, without the tax, 
that we normal people get and 

333
00:18:53,900 --> 00:18:56,500
that actually just got 
completely The throw them out 

334
00:18:56,500 --> 00:19:00,000
once there was so little water 
in completely and Anonymous, 

335
00:19:00,000 --> 00:19:04,100
actually the entire yeah 
everybody would. 

336
00:19:04,200 --> 00:19:06,500
Yes. 
And when it got to be 

337
00:19:06,500 --> 00:19:08,900
implemented, actually followed 
fell apart because they realize 

338
00:19:08,900 --> 00:19:12,700
it was basically impossible to 
implement in a fair manner. 

339
00:19:12,700 --> 00:19:17,700
So it's for example, if the 
remaining using 3D cards graphic

340
00:19:17,700 --> 00:19:20,700
processor, instead of a 6 would 
it would be hard to actually 

341
00:19:20,700 --> 00:19:24,300
detect so it goes thrown out so 
there's been a lot of silly 

342
00:19:24,300 --> 00:19:27,400
attempts at basically It goes 
back to the not understanding 

343
00:19:27,700 --> 00:19:30,400
how this works. 
Yeah, yeah, exactly. 

344
00:19:30,400 --> 00:19:33,900
So is it, is there any pushback 
was there any pushback when they

345
00:19:33,900 --> 00:19:36,300
try to? 
Because it seems very similar to

346
00:19:36,300 --> 00:19:40,200
the tactics that they use in the
US right where they try to D. 

347
00:19:40,200 --> 00:19:43,200
Basically D, incentivize the the
mining of Bitcoin. 

348
00:19:44,700 --> 00:19:46,900
Yeah. 
I mean there were some respects 

349
00:19:47,600 --> 00:19:51,000
but at the same time the 
industry at that point wasn't 

350
00:19:51,000 --> 00:19:55,200
that big. 
So it was limited what they 

351
00:19:55,200 --> 00:20:00,800
could do. 
But yeah it's I mean I guess 

352
00:20:00,800 --> 00:20:04,400
we're a bit too. 
Fortunate are Norway and we 

353
00:20:04,400 --> 00:20:12,700
don't have the same necessarily 
rising up and yeah standing up 

354
00:20:12,700 --> 00:20:16,300
for against that and Being a 
hunter, gotcha. 

355
00:20:16,500 --> 00:20:18,200
Alright everybody, let's get to 
the news. 

356
00:20:18,200 --> 00:20:24,800
Let's do this. 
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357
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358
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369
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self custody of your Bitcoin. 
Alright guys, I also want to 

370
00:21:01,300 --> 00:21:04,300
give a very special shout-out to
our new sponsor, the orange pill

371
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app. 
It's the number one resource for

372
00:21:06,500 --> 00:21:08,800
Bitcoin events. 
Did you move to a new city and 

373
00:21:08,800 --> 00:21:11,600
perhaps you are in your city? 
And, you know, your friends are 

374
00:21:11,600 --> 00:21:13,500
operating on a different 
operating system. 

375
00:21:13,500 --> 00:21:16,100
They're not on the, on a Bitcoin
standard. 

376
00:21:16,100 --> 00:21:19,100
So you kind of, you know, you 
kind of lose things in common 

377
00:21:19,100 --> 00:21:22,400
with them, at least, I'm For 
myself individually, right? 

378
00:21:23,000 --> 00:21:25,500
I've lost a lot of my Normie 
friends because they're speaking

379
00:21:25,500 --> 00:21:28,100
a different language, right? 
Do you want to grow your Bitcoin

380
00:21:28,100 --> 00:21:29,700
Network? 
There's no better place to do 

381
00:21:29,700 --> 00:21:32,000
it. 
Then the orange pill app, right?

382
00:21:32,000 --> 00:21:34,700
You can find a Bitcoin only 
event near you search by 

383
00:21:34,700 --> 00:21:37,000
location and dates. 
Are you going to Miami? 

384
00:21:37,000 --> 00:21:39,900
I'm sure your day will be full 
of amazing speakers and talks. 

385
00:21:39,900 --> 00:21:42,400
But what are you doing at night?
There's nothing worse than being

386
00:21:42,400 --> 00:21:45,500
in a city full of bitcoiners but
you are in your hotel room 

387
00:21:45,500 --> 00:21:49,100
watching TV hop on the orange 
pull up events, page and find 

388
00:21:49,100 --> 00:21:51,700
all the Bitcoin events. 
It's on the Fly. 

389
00:21:51,800 --> 00:21:54,400
Download the orange pill app 
today. 

390
00:21:54,700 --> 00:21:56,200
All right, everybody go before 
you go on. 

391
00:21:56,200 --> 00:21:59,100
Before you go on, shout out to 
everyone showing us love on 

392
00:21:59,100 --> 00:22:00,400
their. 
I responded to all you guys. 

393
00:22:00,400 --> 00:22:02,600
This morning. 
Really means a lot. 

394
00:22:02,700 --> 00:22:04,800
I'm glad you guys enjoy what 
we're doing. 

395
00:22:05,500 --> 00:22:09,000
It just felt felt good Nikka. 
One of my heart this morning, I 

396
00:22:09,100 --> 00:22:13,200
finally went through, all my, 
all my DM, love you guys. 

397
00:22:13,400 --> 00:22:16,600
Yeah, it's a same to same to me.
I try to, I try to respond to 

398
00:22:16,600 --> 00:22:18,400
each one of you guys when I see 
it. 

399
00:22:18,900 --> 00:22:21,700
And we really, really appreciate
The love and the support. 

400
00:22:21,700 --> 00:22:24,600
And I hope to see a lot of you 
guys in Miami really looking 

401
00:22:24,600 --> 00:22:27,800
forward to that as well. 
Anyways, everybody, let's talk 

402
00:22:27,800 --> 00:22:31,800
about Michael Sailors 
Vindication because that's 

403
00:22:31,800 --> 00:22:33,700
really what it is. 
It's a Vindication. 

404
00:22:35,700 --> 00:22:38,200
So I mean it's self-explanatory,
says Michael sailor. 

405
00:22:38,200 --> 00:22:42,100
Since microstrategy adopted, a 
Bitcoin strategy for audio? 

406
00:22:42,100 --> 00:22:46,200
Listeners is as microstrategy 
out performed out performance 

407
00:22:46,500 --> 00:22:49,400
since adoption of Bitcoin 
strategy and it's a comparison, 

408
00:22:49,500 --> 00:22:51,800
right? 
So it's microstrategy's up a 

409
00:22:51,800 --> 00:22:55,700
hundred and sixty-six percent. 
And this is compared to than the

410
00:22:55,700 --> 00:22:59,500
S&P 500, which is only up 24%. 
This is up to the NASDAQ, which 

411
00:22:59,500 --> 00:23:03,200
is only up 11% compared to gold,
which is down two percent 

412
00:23:03,200 --> 00:23:06,400
compared to Silver, which is 
down 11% compared to bonds. 

413
00:23:06,500 --> 00:23:08,300
It's Dad's down, sixteen 
percent. 

414
00:23:08,300 --> 00:23:10,200
What about the Fang stocks? 
Right at? 

415
00:23:10,200 --> 00:23:12,700
What about the tech stocks? 
Well, microstrategy's up a 

416
00:23:12,708 --> 00:23:16,000
hundred and sixty-six percent 
compared to apple, which is only

417
00:23:16,000 --> 00:23:19,400
up 51 percent compared to micro 
Microsoft, which is only up 48 

418
00:23:19,400 --> 00:23:22,400
percent. 
To Google, which is only up. 45%

419
00:23:23,400 --> 00:23:29,300
metas down, 9%, Netflix is down.
32% Amazon is down 33 percent. 

420
00:23:29,300 --> 00:23:33,400
Also, Oracle oracle's killing it
up 72 percent, but it's still 

421
00:23:33,400 --> 00:23:36,400
less than microstrategy's a 
hundred and sixty-six percent. 

422
00:23:36,400 --> 00:23:39,700
And this is the power, and this 
is, I think what, Michael 

423
00:23:39,700 --> 00:23:44,700
Sailors the point that he's 
trying to make is the power of 

424
00:23:44,700 --> 00:23:48,900
adding Bitcoin to your treasury,
right? 

425
00:23:48,900 --> 00:23:51,800
And I think over time I'm what 
you're going to see because I'm 

426
00:23:51,800 --> 00:23:55,700
looking at these numbers, right?
And it reminds me of a very of 

427
00:23:55,700 --> 00:23:58,400
one of my favorite websites 
which is priced in Bitcoin, 

428
00:23:58,600 --> 00:24:00,200
right? 
And it kind of tells the same 

429
00:24:00,200 --> 00:24:03,700
story, right? 
Price and Bitcoin over a six 

430
00:24:03,800 --> 00:24:08,200
over a three year period, the 
dollar is down 68 percent over a

431
00:24:08,200 --> 00:24:11,100
five year, period, it's down 65 
percent, right? 

432
00:24:11,100 --> 00:24:16,600
And The Story Goes On, The my 
SMP is down, 54 percent, medium 

433
00:24:16,600 --> 00:24:19,600
house and housing prices. 
At least in Florida have gone up

434
00:24:19,600 --> 00:24:23,900
like Percent or like 100%. 
And the last 23 years alone 

435
00:24:23,900 --> 00:24:26,900
really since they started you 
know, printing money like crazy 

436
00:24:27,200 --> 00:24:30,800
Bitcoin, it's house is still 51 
percent cheaper. 

437
00:24:31,100 --> 00:24:34,800
If you've been operating on a 
Bitcoin standard, right is very 

438
00:24:34,800 --> 00:24:38,000
similar, it's interesting how 
it's kind of similar I think 

439
00:24:38,000 --> 00:24:44,600
over time just like then, mama 
venmo just like PayPal, just 

440
00:24:44,600 --> 00:24:50,700
like not cash app but Robin Hood
was forced to add the Capability

441
00:24:50,700 --> 00:24:53,000
of people to withdraw from their
platform. 

442
00:24:53,000 --> 00:24:57,600
They were forced to do that 
because of Market forces, I 

443
00:24:57,608 --> 00:25:00,200
think the market forces are 
going to force, other companies 

444
00:25:00,200 --> 00:25:04,900
to really, take a serious look 
at Bitcoin as being, a something

445
00:25:04,900 --> 00:25:08,500
great to have on their Treasury.
And I think, you know, these are

446
00:25:08,500 --> 00:25:11,800
public companies, so they adhere
to their shareholders. 

447
00:25:11,800 --> 00:25:15,400
So whatever type of ideological 
beliefs that they have against 

448
00:25:15,400 --> 00:25:17,400
Bitcoin that goes out the 
window, right? 

449
00:25:17,400 --> 00:25:21,100
They have to perform and if 
microstrategy is Outperforming 

450
00:25:21,100 --> 00:25:24,600
this much because they took on a
Bitcoin strategy is going to be 

451
00:25:24,600 --> 00:25:29,400
very difficult for other 
companies to ignore that, right?

452
00:25:29,400 --> 00:25:32,200
And here is a, the Bloomberg 
article that was talking about 

453
00:25:32,200 --> 00:25:35,200
this as microstrategy post 
profit on benefit tied to 

454
00:25:35,200 --> 00:25:37,900
bitcoin stash. 
It goes on to say microstrategy 

455
00:25:37,900 --> 00:25:40,200
the enterprise software maker 
better known as the largest 

456
00:25:40,200 --> 00:25:44,100
public holder of Bitcoin. 
Posted its first profit and 9/4 

457
00:25:44,100 --> 00:25:47,400
ever registering a tax benefit 
related to its hoard of the of 

458
00:25:47,400 --> 00:25:50,100
the cryptocurrency, the Tysons 
Corner Virginia based. 

459
00:25:50,200 --> 00:25:52,800
Company controlled controlled by
Bitcoin Advocate. 

460
00:25:52,800 --> 00:25:58,800
Michael sailor, had net income 
of 4461 million dollars compared

461
00:25:58,800 --> 00:26:01,900
with the loss a year earlier. 
During the recent quarter, the 

462
00:26:01,900 --> 00:26:05,100
72 percent rise in the price of 
Bitcoin allowed microstrategy to

463
00:26:05,100 --> 00:26:07,700
basically reduce a reserve 
related to earlier. 

464
00:26:07,900 --> 00:26:11,400
Large impairment charges for the
cryptocurrency resulting in a 

465
00:26:11,400 --> 00:26:16,800
one-time tax benefit of 453 
million dollars revenue from the

466
00:26:16,800 --> 00:26:20,100
software business Rose. 
Two-point-two percent to 121. 

467
00:26:20,300 --> 00:26:23,800
In dollars beating the 119 
million dollar estimate that 

468
00:26:23,800 --> 00:26:26,000
analysts surveyed by Bloomberg 
expected. 

469
00:26:26,000 --> 00:26:29,000
The company took an impairment 
charge on the digital asset of 

470
00:26:29,000 --> 00:26:31,500
18.9 million for the three 
months. 

471
00:26:31,500 --> 00:26:37,300
Ended in March 31st, sailor 
began buying Bitcoin in 2020 to 

472
00:26:37,300 --> 00:26:39,400
reduce the company's Holdings of
cash. 

473
00:26:39,400 --> 00:26:43,900
Before the before of the eroding
threat of inflation, by the end 

474
00:26:43,900 --> 00:26:49,000
of March microstrategy held a 
total cache of 140,000 Bitcoin. 

475
00:26:49,200 --> 00:26:53,200
According to his Initials the 
company spent around 179 million

476
00:26:53,200 --> 00:26:57,900
dollars to add seven 7500, 
Bitcoin in the quarter. 

477
00:26:58,100 --> 00:27:02,600
And here is a video of Michael 
sailor being interviewed on, CNN

478
00:27:02,600 --> 00:27:04,600
NBC. 
And they had some questions 

479
00:27:04,600 --> 00:27:05,700
about that. 
Let's check it out and then 

480
00:27:05,700 --> 00:27:10,000
we'll talk about it. 
So let's talk a little bit about

481
00:27:10,200 --> 00:27:13,200
earnings because in your core 
software business software, 

482
00:27:13,200 --> 00:27:16,600
licenses Revenue climb 23% 
subscription Services Revenue, 

483
00:27:16,900 --> 00:27:21,700
46 percent, but really the focus
from the market as per usual, 

484
00:27:21,700 --> 00:27:25,600
since microstrategy is the 
largest publicly traded holder 

485
00:27:25,600 --> 00:27:27,300
of Bitcoin. 
Is the fact that your impairment

486
00:27:27,300 --> 00:27:29,300
loss for Bitcoin was so much 
smaller than it has been in 

487
00:27:29,300 --> 00:27:33,000
recent quarters, walk me through
the results and the flywheel 

488
00:27:33,000 --> 00:27:35,800
between these two companies 
within the company. 

489
00:27:36,800 --> 00:27:40,000
Sure. 
We have progressively built up a

490
00:27:40,008 --> 00:27:44,000
Bitcoin position up to 140,000 
Bitcoin, over the past two and a

491
00:27:44,000 --> 00:27:48,200
half years, when Bitcoin traded 
from six to six thousand, all 

492
00:27:48,200 --> 00:27:52,900
the way down to 16,000. 
We took an impairment loss and 

493
00:27:53,100 --> 00:27:56,600
in the course of the last 12 
weeks that Bitcoin position has 

494
00:27:56,600 --> 00:28:00,100
traded up to billion dollars in 
fair market value. 

495
00:28:00,500 --> 00:28:04,200
So, of course, when it's trading
down, there are tax consequences

496
00:28:04,200 --> 00:28:05,800
and indefinite tangible 
write-offs. 

497
00:28:05,800 --> 00:28:09,200
But when it straight, Ting up, 
we get we reverse some of the 

498
00:28:09,200 --> 00:28:13,100
tax accounting. 
Indefinite an intangible 

499
00:28:13,100 --> 00:28:16,800
treatment hasn't changed any but
I think the short of it is the 

500
00:28:16,800 --> 00:28:21,400
software business is very stable
and it's a cash cow and we use 

501
00:28:21,400 --> 00:28:24,500
it to pay our interest on our 
debt and to acquire more 

502
00:28:24,500 --> 00:28:28,900
Bitcoin. 
And the Bitcoin itself is is our

503
00:28:28,900 --> 00:28:32,200
belief that Bitcoin is the 
ultimate Digital scarcity 

504
00:28:32,200 --> 00:28:34,200
Network. 
And because Bitcoin has been 

505
00:28:34,200 --> 00:28:37,800
moving up about fifty percent a 
year on Average over the last 

506
00:28:37,800 --> 00:28:40,600
three years, the real key with 
Bitcoin is just to be able to 

507
00:28:40,600 --> 00:28:44,200
hold onto it and stomach the 
volatility and we have 

508
00:28:44,200 --> 00:28:48,100
conditioned our shareholders, 
and our bond holders to 

509
00:28:48,100 --> 00:28:50,200
understand that where long-term 
hot Oilers. 

510
00:28:50,200 --> 00:28:53,300
And because everybody is aligned
in that interest, we're able to 

511
00:28:53,300 --> 00:28:56,600
weather that volatility and wind
up doing very, very well as 

512
00:28:56,600 --> 00:28:58,200
Bitcoin recovers. 
Yeah. 

513
00:28:58,400 --> 00:29:01,100
And Bitcoin is recovering know, 
we're still well off the 

514
00:29:01,100 --> 00:29:03,200
all-time highs. 
We're up something like 70% 

515
00:29:03,200 --> 00:29:05,300
since it started here. 
What do you attribute that 

516
00:29:05,300 --> 00:29:11,200
recovery to I think right now 
there are two twin drivers right

517
00:29:11,200 --> 00:29:13,000
there. 
There's the macroeconomic 

518
00:29:13,000 --> 00:29:17,500
concerned about inflation and as
and as inflation takes place 

519
00:29:17,500 --> 00:29:20,600
lead people lose confidence, in 
Fiat currencies. 

520
00:29:21,000 --> 00:29:23,700
And that means they start to 
realize that everything valued 

521
00:29:23,700 --> 00:29:27,500
on cash flows is a currency 
derivative and Bitcoin is not 

522
00:29:27,500 --> 00:29:32,600
valued on cash flows, it's in a 
digital scarcity, the failure of

523
00:29:32,600 --> 00:29:36,600
the bank's Silver Gate Bank, 
Signature Bank Silicon Valley 

524
00:29:36,600 --> 00:29:39,200
Bank. 
Not First Republic Bank causes 

525
00:29:39,200 --> 00:29:42,400
people in the Western World to 
start to lose a little bit of 

526
00:29:42,400 --> 00:29:45,600
faith in the banking system and 
they remember that Bitcoin is a 

527
00:29:45,600 --> 00:29:48,800
bank in cyberspace run by 
Incorruptible software. 

528
00:29:49,200 --> 00:29:53,400
So the phrase be your on bank 
has emerged as an investment 

529
00:29:53,400 --> 00:29:57,000
idea in the United States. 
But it's really a matter of 

530
00:29:57,000 --> 00:30:01,200
financial survival elsewhere. 
And so the combination of that 

531
00:30:01,200 --> 00:30:06,400
of that Concern about inflation 
and counterparty risk with banks

532
00:30:06,400 --> 00:30:10,300
is driving Bitcoins adoption. 
It's also being driven by the 

533
00:30:10,300 --> 00:30:15,700
way, by the crypto Crackdown and
as people lose faith in crypto 

534
00:30:15,700 --> 00:30:18,800
exchanges, crypto Securities and
cryptocurrencies. 

535
00:30:18,800 --> 00:30:22,800
There's a natural migration of 
capital from those crypto 

536
00:30:22,800 --> 00:30:26,200
ecosystems and to bitcoin since 
it's viewed as the risk of 

537
00:30:26,200 --> 00:30:30,200
safe-haven asset of the cryptos.
So let's talk about that, right?

538
00:30:30,200 --> 00:30:33,200
This idea. 
That be your own bank is 

539
00:30:33,200 --> 00:30:36,400
penetrating into mainstream 
Consciousness on yesterday's 

540
00:30:36,400 --> 00:30:39,800
episode. 
We dedicated it to Tim pool, 

541
00:30:39,900 --> 00:30:41,700
right? 
And how temples said the quiet 

542
00:30:41,700 --> 00:30:44,900
part out loud, he's like I'm 
watching all these Banks fail 

543
00:30:45,300 --> 00:30:48,400
and F this. 
I'm going to get myself some 

544
00:30:48,400 --> 00:30:50,800
Bitcoin and I think Michael 
sailor, hit the nail on the 

545
00:30:50,800 --> 00:30:52,500
head. 
I think we're finally seeing, 

546
00:30:52,800 --> 00:30:54,800
you know, the the benefits of 
Bitcoin. 

547
00:30:54,800 --> 00:30:59,000
The idea that you could 
theoretically store millions 

548
00:30:59,000 --> 00:31:02,200
billions if not trillions of 
dollars just by Thing down and 

549
00:31:02,200 --> 00:31:06,500
12 to 24 words, seed phrase, you
know, completely changes. 

550
00:31:06,500 --> 00:31:08,500
Dynamic, you don't have 
counterparty risk. 

551
00:31:08,500 --> 00:31:11,600
You don't have o. 
The this bank is going to rug. 

552
00:31:11,600 --> 00:31:12,600
Pull me, are you? 
No. 

553
00:31:12,600 --> 00:31:15,700
Are they liquid? 
Holy cows is, is Janet Yellen 

554
00:31:15,700 --> 00:31:17,600
going to bail out? 
This bank is my deposit. 

555
00:31:17,600 --> 00:31:19,000
Okay? 
You don't have to deal with any 

556
00:31:19,000 --> 00:31:20,900
of that, right? 
All you have to do is take a 

557
00:31:20,900 --> 00:31:22,900
little bit of personal 
responsibility and take self 

558
00:31:22,900 --> 00:31:25,500
custody. 
And this image is so powerful. 

559
00:31:25,500 --> 00:31:28,900
Yours First Republic Bank, it 
was Janet Yellen with the 

560
00:31:28,900 --> 00:31:30,500
famous. 
You know, you guys all remember 

561
00:31:30,500 --> 00:31:33,400
the Buy, Coin side, it says, be 
your own bank. 

562
00:31:33,400 --> 00:31:36,900
This is top-of-the-line, the 
medic Warfare. 

563
00:31:37,100 --> 00:31:39,700
And, you know, it's finally 
seeping into the paint 

564
00:31:39,800 --> 00:31:44,500
mainstream Consciousness for the
average everyday individual, on 

565
00:31:44,500 --> 00:31:47,500
the Tim pool type of level in 
the mainstream, you know, 

566
00:31:48,100 --> 00:31:52,600
podcast type of circuit but also
on the public company realm as 

567
00:31:52,600 --> 00:31:54,800
well. 
So I don't know, man. 

568
00:31:54,900 --> 00:32:00,500
This is a, this is very, very 
bullish and I can't wait for the

569
00:32:00,500 --> 00:32:06,300
next cycle. 
When on a, on a on an individual

570
00:32:06,300 --> 00:32:09,700
level on the mainstream 
Consciousness, people like Tim 

571
00:32:09,700 --> 00:32:12,200
pool saying Bitcoin more and 
more and more. 

572
00:32:12,300 --> 00:32:14,900
I think it's going to be talked 
about and other mainstream shows

573
00:32:14,900 --> 00:32:17,000
as well. 
We've had Jordan Pederson, bring

574
00:32:17,000 --> 00:32:18,800
on bitcoiners. 
A reason I bring up Jordan 

575
00:32:18,800 --> 00:32:20,300
Pederson. 
I know a lot of people dislike 

576
00:32:20,300 --> 00:32:22,400
them because you know, whether 
you like them or not, he is 

577
00:32:22,400 --> 00:32:25,000
extremely popular on the 
internet, right? 

578
00:32:25,000 --> 00:32:27,300
And you're starting to hear 
those conversations brought up 

579
00:32:27,300 --> 00:32:31,400
more and more and more Bitcoin 
Bitcoin maybe and then that 

580
00:32:31,500 --> 00:32:34,000
Notably will lead to a very 
important question, why are we 

581
00:32:34,000 --> 00:32:36,700
being forced to use money that 
that steals from us? 

582
00:32:36,700 --> 00:32:39,100
Why are we being forced to use 
money? 

583
00:32:39,300 --> 00:32:41,600
That loses purchasing power over
time? 

584
00:32:41,700 --> 00:32:46,000
When we now have an alternative 
where I'd actually increases in 

585
00:32:46,000 --> 00:32:50,000
purchasing power over time, 
Michael Sailors, proving that 

586
00:32:50,000 --> 00:32:53,500
clearly on the public company 
level 9 buchelli is proving that

587
00:32:53,500 --> 00:32:56,300
on the nation state level. 
And I think, and during the next

588
00:32:56,300 --> 00:33:00,500
cycle heading into the next, 
having it is going to become 

589
00:33:01,600 --> 00:33:03,000
Abel. 
And there's no amount of 

590
00:33:03,000 --> 00:33:06,700
propaganda, misrepresentation 
spin that they're going to be 

591
00:33:06,700 --> 00:33:08,600
able to throw at this thing. 
And people are just gonna be, 

592
00:33:08,600 --> 00:33:12,200
like, you've been lying to me 
for, like two or three years. 

593
00:33:12,500 --> 00:33:14,900
What are you talking about? 
No enough is enough. 

594
00:33:14,900 --> 00:33:17,100
I'm going to opt out. 
I'm gonna take my wealth, my 

595
00:33:17,100 --> 00:33:19,700
energy, my time. 
I'm gonna take it out of the 

596
00:33:19,700 --> 00:33:21,100
system. 
I'm gonna put it into my 

597
00:33:21,100 --> 00:33:27,800
custody, but but big, but if you
guys are not properly, securing 

598
00:33:28,000 --> 00:33:33,000
your generational wealth and 
you're storing your Bitcoin seed

599
00:33:33,000 --> 00:33:37,000
on paper. 
That's just very, very dangerous

600
00:33:37,000 --> 00:33:40,000
papers prone to water damage. 
Fire damage your dog could eat 

601
00:33:40,000 --> 00:33:41,400
it. 
You want to put your 

602
00:33:41,400 --> 00:33:45,300
generational wealth on steel, 
and this is the bit plates, 

603
00:33:45,300 --> 00:33:47,400
Domino. 
It's the best place to do it on.

604
00:33:47,400 --> 00:33:49,500
It's easy to use hard to 
destroy, B plays, Domino are 

605
00:33:49,508 --> 00:33:51,200
designed to preserve Bitcoin 
wallet. 

606
00:33:51,200 --> 00:33:54,600
Back up seed, words and 
passphrases made from highly 

607
00:33:54,600 --> 00:33:58,900
corrosion-resistant, 316 marine 
grade stainless steel, and it 

608
00:33:58,900 --> 00:34:01,400
offers the ultimate protection 
against extremes of 

609
00:34:01,600 --> 00:34:03,100
Temperatures. 
Your dog is definitely not going

610
00:34:03,100 --> 00:34:05,500
to eat this. 
You can use the promo code 

611
00:34:06,200 --> 00:34:09,500
simply to get 10% off any bit 
plates products. 

612
00:34:09,500 --> 00:34:13,900
Anyways, I want to bring up our 
want to bring up my co-host and 

613
00:34:13,900 --> 00:34:16,300
our guests what do you I am I 
seeing things. 

614
00:34:16,300 --> 00:34:20,400
I'm gonna pass it on to to our 
guests first Heinrich. 

615
00:34:20,400 --> 00:34:23,500
Am I seeing things? 
What's your take on? 

616
00:34:23,500 --> 00:34:26,699
Michael sailor, I saw you smile 
a little bit when when we were 

617
00:34:26,699 --> 00:34:30,000
playing the video. 
Yeah, I mean, what are the 

618
00:34:30,000 --> 00:34:31,400
comments like that? 
Winning. 

619
00:34:31,500 --> 00:34:33,500
Mi. 
And I mean it was like the 

620
00:34:34,000 --> 00:34:37,500
difference between like the 
around Christmas and now it's 

621
00:34:37,500 --> 00:34:39,100
just like he's proven right in a
way. 

622
00:34:39,100 --> 00:34:50,000
So yeah really great comment. 
I mean I mean, it's it's just as

623
00:34:50,000 --> 00:34:52,800
I said, like it's becoming like 
an ETF for Bitcoin. 

624
00:34:52,800 --> 00:35:00,000
And I think as a sort of next 
Bull cycle approaches and start 

625
00:35:00,300 --> 00:35:02,700
taking off, I think there's a 
lot of people who's going to 

626
00:35:03,000 --> 00:35:06,100
need some education, really fast
to figure out what's actually 

627
00:35:06,100 --> 00:35:09,000
happening and how this 
technology actually works and, 

628
00:35:09,000 --> 00:35:12,900
and going to learn like, why 
someone like Michael sailor, 

629
00:35:13,000 --> 00:35:15,300
bought that much going on his 
strategy. 

630
00:35:15,500 --> 00:35:18,900
Because right now, I think it's 
a lot of people just feels like,

631
00:35:18,900 --> 00:35:22,900
it's completely insane. 
But yeah, yeah, I was going to 

632
00:35:22,900 --> 00:35:25,000
change it after you. 
What's your take on this? 

633
00:35:26,400 --> 00:35:29,900
Well, it is insane, man. 
He's got the biggest bag ever. 

634
00:35:29,900 --> 00:35:33,300
Like, what is going on here? 
But anyways, back to the point. 

635
00:35:33,300 --> 00:35:35,600
I mean, I thought sailor and 
micro strategies is going 

636
00:35:35,600 --> 00:35:37,400
bankrupt. 
Guys, like what's going on here?

637
00:35:37,400 --> 00:35:41,100
You know, it's almost like the 
mainstream media is just 

638
00:35:41,100 --> 00:35:43,400
continuously lying and fighting 
Bitcoin. 

639
00:35:43,400 --> 00:35:47,900
But hey, what if we're wrong? 
On bro, like, get it so wrong. 

640
00:35:48,500 --> 00:35:51,900
Like, at this point, like, like 
at this point, like, how could 

641
00:35:51,900 --> 00:35:54,100
you take them seriously? 
At this point, like they get, 

642
00:35:54,200 --> 00:35:59,200
dude, the the never forget this 
El, Salvador Bitcoin, legal 

643
00:35:59,200 --> 00:36:01,300
tender, a threat to financial 
stability. 

644
00:36:01,300 --> 00:36:03,100
Argentina. 
Here's a bailout, but you must 

645
00:36:03,100 --> 00:36:05,100
be intensifies. 
The adoption of Bitcoin fast 

646
00:36:05,100 --> 00:36:08,400
forward a year later, 104 
percent inflation, you can't 

647
00:36:08,400 --> 00:36:11,800
trip. 
You can't say and and be sincere

648
00:36:11,800 --> 00:36:13,800
and be honest. 
And say at this point like these

649
00:36:13,800 --> 00:36:16,600
people are are are are 
Interested in telling the truth.

650
00:36:16,800 --> 00:36:19,600
Like you can't say that and you 
can't say that's a conspiracy 

651
00:36:19,600 --> 00:36:21,400
theory either like it's just 
become. 

652
00:36:21,400 --> 00:36:26,000
So apparent that, you know, the 
Legacy corporate media machine 

653
00:36:26,000 --> 00:36:28,500
are really, it's really a 
mechanism of controlling the 

654
00:36:28,500 --> 00:36:30,900
narrative. 
You heard Tucker say it as well,

655
00:36:30,900 --> 00:36:33,200
it's not just me saying this, 
right? 

656
00:36:34,300 --> 00:36:37,300
So yeah, man, but you know, I 
think Freedom wins. 

657
00:36:37,300 --> 00:36:40,000
I think Bitcoins incentives are 
going to are going to rule the 

658
00:36:40,000 --> 00:36:42,300
day and I think that they don't 
have anything. 

659
00:36:42,300 --> 00:36:44,800
They don't have anything that 
can match Bitcoins incentives 

660
00:36:44,800 --> 00:36:47,400
and I think that's Why they will
fundamentally lose at the end of

661
00:36:47,408 --> 00:36:50,100
the day Opti. 
Yeah, man. 100%. 

662
00:36:50,100 --> 00:36:51,400
I mean, what do we always say 
here? 

663
00:36:51,400 --> 00:36:54,500
And you said it, you said it a 
minute ago and we say it 

664
00:36:54,500 --> 00:36:57,200
probably every single day. 
But sailor will be Vindicated on

665
00:36:57,200 --> 00:36:59,800
the corporate level buchelli 
will be Vindicated on the nation

666
00:36:59,800 --> 00:37:03,200
state level and all you guys out
there will be Vindicated on the 

667
00:37:03,200 --> 00:37:04,900
individual level. 
This next Bull Run. 

668
00:37:04,900 --> 00:37:09,000
It's only a matter of time until
the world wakes up to what we 

669
00:37:09,000 --> 00:37:11,400
are doing here as bitcoiners. 
Like Heinrich said, you know 

670
00:37:11,400 --> 00:37:14,400
it's type of absolutely amazing 
that people still think we're 

671
00:37:14,400 --> 00:37:17,300
The Crazy Ones. 
You have, you know, been calling

672
00:37:17,300 --> 00:37:21,400
this for years now, we see the 
writing on the wall and I don't 

673
00:37:21,400 --> 00:37:23,900
know, most of my Bitcoin friends
have been right and they 

674
00:37:23,900 --> 00:37:28,700
continue to live a prosperous 
life and it's just it's only a 

675
00:37:28,700 --> 00:37:31,800
matter of time until the biggest
corporations and nation states 

676
00:37:32,200 --> 00:37:34,800
in the world realize, and wake 
up to the idea that they're 

677
00:37:34,800 --> 00:37:37,500
holding melting ice, cubes as 
sailor says on their balance 

678
00:37:37,500 --> 00:37:42,600
sheet and once they start 
adopting Bitcoin man gradually 

679
00:37:42,600 --> 00:37:45,300
then suddenly it's going to be a
beautiful beautiful. 

680
00:37:45,300 --> 00:37:49,500
Beautiful day. 
But on another point, there was 

681
00:37:49,500 --> 00:37:52,400
a lot of Bitcoin signal in in 
that little, that little clip of

682
00:37:52,400 --> 00:37:53,700
Sailor. 
And it's something we 

683
00:37:53,700 --> 00:37:56,800
continuously talk about here on 
the show is that the Bitcoin 

684
00:37:56,800 --> 00:38:00,000
signal, just continuously starts
to seep out into the corporate 

685
00:38:00,000 --> 00:38:03,700
press and we like to just keep 
it as simple as possible, guys. 

686
00:38:03,700 --> 00:38:06,900
You need to be holding Bitcoin, 
just hot all them Bitcoins and 

687
00:38:06,900 --> 00:38:10,400
you'll be good do not get 
scammed out of your Bitcoin 

688
00:38:10,400 --> 00:38:12,000
ride. 
The volatility, the roller 

689
00:38:12,000 --> 00:38:15,200
coaster ride is fun. 
Take Bitcoin into Cold Storage. 

690
00:38:15,400 --> 00:38:17,700
This is the way and you will 
live a better life. 

691
00:38:17,700 --> 00:38:20,500
It's as simple as this. 
It's happened to me. 

692
00:38:20,500 --> 00:38:22,800
I've seen it happen to all my 
friends, we're seeing it play 

693
00:38:22,800 --> 00:38:24,800
out on corporate level nation 
state level. 

694
00:38:25,300 --> 00:38:27,700
This is the signal, guys. 
You just need to hold some 

695
00:38:27,700 --> 00:38:29,600
Bitcoin you. 
It doesn't matter how much you 

696
00:38:29,600 --> 00:38:31,900
hold. 
You just need to get off the 

697
00:38:31,900 --> 00:38:36,300
zero fee are the zero Bitcoin. 
Mark like you just need to have 

698
00:38:36,300 --> 00:38:39,700
some Bitcoin just in case just 
in case of catches on. 

699
00:38:39,700 --> 00:38:41,300
Absolutely. 
Amen to that. 

700
00:38:41,400 --> 00:38:43,000
All right everybody, let's get 
to the culture. 

701
00:38:43,100 --> 00:38:49,600
Let's do this. 
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702
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708
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710
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711
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712
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714
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715
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716
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717
00:39:38,500 --> 00:39:42,100
thing and get it at Swan. 
Go to Swan.com I re for more 

718
00:39:42,100 --> 00:39:46,400
details and of course you could 
always Me a DM on Twitter. 

719
00:39:46,400 --> 00:39:48,400
My DMs are open. 
If you have any doubts, 

720
00:39:48,400 --> 00:39:51,400
questions, or concerns. 
Anyways Opti, what are we 

721
00:39:51,400 --> 00:39:53,800
talking about today? 
My friend, let's go. 

722
00:39:53,800 --> 00:39:56,000
Well, you know what I like to 
do, guys? 

723
00:39:56,400 --> 00:39:58,700
I like to highlight what our 
guests are doing, what they're 

724
00:39:58,700 --> 00:40:03,200
working on and we got henrique 
CEO of Ellen, Capital lightning 

725
00:40:03,200 --> 00:40:06,600
service providers. 
So I think first and foremost, I

726
00:40:06,600 --> 00:40:09,100
am kind of trolling on this 
first question Henry, because I 

727
00:40:09,100 --> 00:40:10,800
do this to all my lightning 
friends. 

728
00:40:11,600 --> 00:40:13,800
I thought lightning would 
vaporware, what is going on? 

729
00:40:13,800 --> 00:40:18,400
Well, Lightning scale Bitcoin, 
definitely, definitely. 

730
00:40:18,400 --> 00:40:21,900
And also, to scale it, we need 
to scale lightning. 

731
00:40:22,000 --> 00:40:26,000
So companies needs to be able to
use this and professional 

732
00:40:26,000 --> 00:40:28,400
industrial sense. 
That's what we're doing. 

733
00:40:29,900 --> 00:40:31,800
Perfect, love it. 
So what is torque? 

734
00:40:32,100 --> 00:40:34,900
What are you working on on? 
Ellen Capital, what is your your

735
00:40:34,900 --> 00:40:37,300
company's Mission? 
Yeah. 

736
00:40:37,300 --> 00:40:40,500
So we're actually building the 
tools that large note. 

737
00:40:40,500 --> 00:40:44,000
Operators need, so LSPs 
exchanges. 

738
00:40:45,800 --> 00:40:48,000
Yeah. 
All kinds of large shops for 

739
00:40:48,000 --> 00:40:51,400
example as well. 
So it is a tool that's meant for

740
00:40:51,400 --> 00:40:54,200
professionals. 
It is nothing like it's not 

741
00:40:54,200 --> 00:40:58,100
something you install on your 
own Braille just to run your own

742
00:40:58,100 --> 00:40:59,900
node. 
If you're running a routing 

743
00:40:59,900 --> 00:41:02,500
node, that's a different story 
that's actually where we started

744
00:41:02,500 --> 00:41:04,200
as well. 
But we're transferring now or 

745
00:41:04,300 --> 00:41:08,200
shifting out more into the post 
PLS P sort of services. 

746
00:41:08,600 --> 00:41:11,300
So as you can see here as well 
we're supporting multiple node. 

747
00:41:11,300 --> 00:41:14,000
For example, which is also 
something that's really been. 

748
00:41:14,100 --> 00:41:17,500
Official to these companies 
because they're for Dunn's is 

749
00:41:17,500 --> 00:41:18,900
purposes. 
They're of course running 

750
00:41:18,900 --> 00:41:22,100
multiple nodes. 
Love it. 

751
00:41:22,200 --> 00:41:24,200
So maybe for the, the people out
there. 

752
00:41:24,200 --> 00:41:26,400
What exactly is a lightning 
service provider? 

753
00:41:27,600 --> 00:41:33,600
Yeah, so the definition is, 
well, the first definition of it

754
00:41:33,600 --> 00:41:36,000
is. 
Somebody who provides liquidity 

755
00:41:36,200 --> 00:41:38,500
on the bond. 
Mostly it's non-custodial. 

756
00:41:39,600 --> 00:41:43,500
So if you have a lightning node 
and your shop, for example, you 

757
00:41:43,500 --> 00:41:48,600
need to receive Bitcoin. 
They can essentially open a 

758
00:41:48,600 --> 00:41:50,400
channel on the mound when you 
need it. 

759
00:41:50,900 --> 00:41:54,400
And Receive that payment 
directly to yourself. 

760
00:41:55,100 --> 00:41:57,300
You can also use that for 
example, in will look like 

761
00:41:58,100 --> 00:42:02,800
breeze as well or a different 
roles using this love it. 

762
00:42:02,800 --> 00:42:05,200
So you said it's for 
professional lightning node 

763
00:42:05,200 --> 00:42:08,900
operators and I do have your 
little trailer right here as 

764
00:42:08,900 --> 00:42:10,100
well. 
So what do you mean by 

765
00:42:10,100 --> 00:42:13,200
professionals? 
This people like running stores.

766
00:42:13,200 --> 00:42:16,200
Exchanges wallets. 
Who is this? 

767
00:42:16,200 --> 00:42:18,500
Angled towards who is your ideal
customer? 

768
00:42:19,500 --> 00:42:21,900
Yeah, so yeah. 
Changes LP. 

769
00:42:21,900 --> 00:42:25,400
So companies and people working 
in companies maintaining the 

770
00:42:25,400 --> 00:42:28,000
nodes. 
So typically if they have like a

771
00:42:28,008 --> 00:42:31,000
million dollars is something on 
the Node and they have maybe a 

772
00:42:31,008 --> 00:42:35,500
thousand channels then it 
becomes like it changes a bit. 

773
00:42:35,500 --> 00:42:38,400
It's not like you're looking 
through individual channels and 

774
00:42:38,400 --> 00:42:41,000
Madam, you need to look at 
groups of channels. 

775
00:42:41,000 --> 00:42:43,900
Types of channels. 
You need automation system that 

776
00:42:43,900 --> 00:42:48,400
can handle certain events 
happening to travels at rapid 

777
00:42:48,400 --> 00:42:52,100
speed. 
So we're building this This tool

778
00:42:52,200 --> 00:42:56,200
to so give to save these 
companies from building a lot of

779
00:42:56,208 --> 00:42:58,100
these sort of makeshift tools 
themselves. 

780
00:42:59,600 --> 00:43:01,800
Yeah. 
It's for the people working in 

781
00:43:01,800 --> 00:43:05,500
these organizations. 
Love it and a little Easter egg 

782
00:43:05,500 --> 00:43:08,200
in this video. 
I saw one of the one of the 

783
00:43:08,200 --> 00:43:10,200
lightning note. 
Operators was named cracking its

784
00:43:10,200 --> 00:43:15,500
cracking using torque or just 
just good marketing actually, we

785
00:43:15,500 --> 00:43:17,200
don't know. 
So that the video shows the 

786
00:43:17,200 --> 00:43:22,600
different channels that actually
my no doubt, okay, okay, okay, I

787
00:43:22,600 --> 00:43:24,900
awesome. 
Okay, next thing that I kind of 

788
00:43:24,900 --> 00:43:29,100
want to talk about is we're very
big on trying to educate all of 

789
00:43:29,100 --> 00:43:32,300
our friends out there. 
You know, we do our best but I 

790
00:43:32,300 --> 00:43:35,100
think you guys are doing a great
job on your Twitter account. 

791
00:43:35,100 --> 00:43:38,700
I really enjoyed these threads 
that you guys pulled out and I 

792
00:43:38,708 --> 00:43:43,800
did pull about a couple of them.
So I think just adding in to 

793
00:43:43,800 --> 00:43:46,400
what we're talking about, this 
one right here, lightning will 

794
00:43:46,408 --> 00:43:49,200
eventually scaled, a billions of
users but not without the help 

795
00:43:49,200 --> 00:43:52,300
of lightning service providers. 
And this is the mission. 

796
00:43:52,300 --> 00:43:54,200
So again, back to the original 
question. 

797
00:43:54,400 --> 00:43:59,500
Well, lightning scale Bitcoin. 
Definitely, definitely. 

798
00:43:59,500 --> 00:44:03,900
And I mean this red as well as 
about the fact that like, most 

799
00:44:03,900 --> 00:44:07,300
people won't necessarily want to
deal with all the complexity of 

800
00:44:07,300 --> 00:44:09,700
lightning and there's more and 
more tools old time making that 

801
00:44:09,700 --> 00:44:14,100
simpler. 
So else peace great, sort of 

802
00:44:14,108 --> 00:44:17,000
service that I think, will grow 
massively in the next few years.

803
00:44:18,300 --> 00:44:21,500
So we want to make people a bit 
more aware of this and Explain a

804
00:44:21,508 --> 00:44:26,400
bit on what it is and yeah, and 
the reason of course is that we 

805
00:44:26,400 --> 00:44:28,000
build. 
Also the tools that I was P 

806
00:44:28,000 --> 00:44:33,100
needs for this but yeah, if 
you're interested in, what's 

807
00:44:33,100 --> 00:44:39,000
happening, like the industry and
and how different concepts work 

808
00:44:39,200 --> 00:44:43,000
or you want to work in Industry 
than what we try to do with 

809
00:44:43,000 --> 00:44:46,400
these threads, is to take one 
Topic at a time and dive into it

810
00:44:46,408 --> 00:44:51,400
and explaining in a way that is 
easy to Stand. 

811
00:44:51,400 --> 00:44:53,900
Without going too deep into the 
technical stuff, but at the same

812
00:44:53,900 --> 00:44:58,000
time, not being too shallow. 
Absolutely love it. 

813
00:44:58,000 --> 00:45:00,700
Absolutely love it. 
So, you know how about just like

814
00:45:00,700 --> 00:45:04,600
a tldr? 
What is the current state of 

815
00:45:04,600 --> 00:45:08,900
lightning and what are you most 
bullish on in the lightning 

816
00:45:08,900 --> 00:45:12,900
space right now? 
I mean the the space is just 

817
00:45:12,900 --> 00:45:16,900
absolutely exploding with new 
new technology, new protocol 

818
00:45:17,100 --> 00:45:20,300
additions and like third-party 
protocols as well. 

819
00:45:21,500 --> 00:45:26,200
I think Lisa said it on the 
conference recently would like 

820
00:45:26,200 --> 00:45:28,800
it. 
There is a Cambrian explosion in

821
00:45:28,800 --> 00:45:32,300
companies and like, taking 
lightning popping up. 

822
00:45:34,100 --> 00:45:37,900
It's hard to say, what some of 
the coolest new thing is, I 

823
00:45:37,900 --> 00:45:41,100
mean, from our perspectives, by 
using his very cool new 

824
00:45:41,100 --> 00:45:44,000
possibilities that Taproot is 
bringing to the table and 

825
00:45:44,000 --> 00:45:47,200
lightning. 
I just think that just like was 

826
00:45:47,200 --> 00:45:50,600
year ago that the difference a 
year ago and now in terms of 

827
00:45:50,600 --> 00:45:53,600
Tooling, in terms of new 
technology, Etc is just massive 

828
00:45:53,600 --> 00:45:55,600
shift. 
And I think a year in the, into 

829
00:45:55,600 --> 00:45:59,300
the future, it's again, it's 
just going to be insane to us 

830
00:45:59,300 --> 00:46:04,300
how how much has happened, and 
how simple it is now versus your

831
00:46:04,300 --> 00:46:07,300
into the future. 
Love it, okay? 

832
00:46:07,900 --> 00:46:13,100
I always, I always do my best To
push our viewers into my 

833
00:46:13,100 --> 00:46:15,800
favorite wallets. 
What is your favorite lightning 

834
00:46:15,800 --> 00:46:21,100
while it currently? 
I mean actually I just used 

835
00:46:21,100 --> 00:46:30,500
torque because I'm okay. 
Yeah. 

836
00:46:30,500 --> 00:46:34,500
Well to Satoshi actually for the
whole games of my home, my 

837
00:46:34,500 --> 00:46:36,400
phone. 
Okay. 

838
00:46:36,400 --> 00:46:40,700
So no distinction between 
custodial lightning wallets and 

839
00:46:40,700 --> 00:46:44,300
non-custodial, do you? 
I kind of I hey I know there's a

840
00:46:44,308 --> 00:46:47,000
lot of contention out there on 
Twitter but for, you know, 

841
00:46:47,000 --> 00:46:49,700
pocket change. 
I think, I think a custodial 

842
00:46:49,700 --> 00:46:51,600
wallet. 
Lightning wallet is is all good 

843
00:46:51,600 --> 00:46:54,000
by my, by my regards. 
What's your thoughts on this? 

844
00:46:55,200 --> 00:46:59,600
I mean, there's pros and cons, 
like, I think we'll see. 

845
00:46:59,700 --> 00:47:04,400
With the increase in, I was 
beast on the semi custodial or 

846
00:47:04,400 --> 00:47:07,200
non-custodial Alternatives 
become easier and easier to use,

847
00:47:08,500 --> 00:47:12,100
as I think it is, sort of a 
convenience trade-off and some 

848
00:47:12,100 --> 00:47:15,000
countries. 
Some people don't need sort of 

849
00:47:15,000 --> 00:47:18,000
fully non-custodial. 
What we truly need is still turn

850
00:47:18,000 --> 00:47:21,900
to need that, very easy, step to
jump into alternative when you 

851
00:47:21,900 --> 00:47:23,300
really need to or if you want 
to. 

852
00:47:23,800 --> 00:47:26,800
So yeah, both is fine. 
But of course, better with the 

853
00:47:26,800 --> 00:47:30,100
non-custodial. 
Love it. 

854
00:47:30,100 --> 00:47:33,000
Agreed. 
Okay, I like this that I found 

855
00:47:33,000 --> 00:47:36,800
this thread here and hopefully 
you can tldr this thread for the

856
00:47:36,800 --> 00:47:40,400
people out there. 
We've heard very, very recently 

857
00:47:40,900 --> 00:47:45,300
Taproot Taproot has been getting
a lot of contention, just not in

858
00:47:45,300 --> 00:47:47,700
the way that you guys laid out 
in this thread. 

859
00:47:47,700 --> 00:47:50,600
In regards to you know what it 
opened up in the possibilities. 

860
00:47:50,600 --> 00:47:54,600
That maybe the unintended 
possibilities and consequences 

861
00:47:54,600 --> 00:47:58,600
of the Taproot upgrade that 
we've seen recently, but I 

862
00:47:58,600 --> 00:48:01,500
really like to stir that you put
I hear what Taproot unlock for 

863
00:48:01,500 --> 00:48:03,900
Bitcoin privacy. 
So maybe we can get back to 

864
00:48:03,900 --> 00:48:07,900
some, some benefits of Taproot 
and and scared away from the 

865
00:48:07,900 --> 00:48:10,100
whole contention going on on 
Twitter. 

866
00:48:12,400 --> 00:48:17,600
Yeah, it's it's actually Jack on
our team is riding these, so he 

867
00:48:17,600 --> 00:48:19,100
should be here next, day's more 
it. 

868
00:48:19,100 --> 00:48:23,500
But yeah, it's again, back to 
the two different tools on the, 

869
00:48:23,500 --> 00:48:27,000
the Privacy are tools that are 
becoming better and what are the

870
00:48:27,800 --> 00:48:31,000
important things are One of the 
things I think is really 

871
00:48:31,000 --> 00:48:35,000
important is that we need to 
build privacy into the protocol 

872
00:48:35,000 --> 00:48:36,800
and the supporting protocols 
around there. 

873
00:48:37,100 --> 00:48:41,300
Because we have the opportunity 
Now, to create all these 

874
00:48:41,300 --> 00:48:43,800
protocols, I think it becomes 
harder and harder as the 

875
00:48:43,800 --> 00:48:49,700
industry growth grows and there 
isn't really like once people 

876
00:48:49,700 --> 00:48:53,800
are starting to use company, 
specific tools that aren't 

877
00:48:53,800 --> 00:48:57,900
private or we start to build in 
non-private features into into 

878
00:48:57,900 --> 00:48:59,600
lightning, it's harder and 
harder to read. 

879
00:48:59,700 --> 00:49:03,800
Verse that process and to get 
pricey back so that combined 

880
00:49:03,800 --> 00:49:05,900
with sort of the company's 
interest to make something 

881
00:49:05,900 --> 00:49:12,000
convenient which often than is a
trade-off to privacy again it's 

882
00:49:12,000 --> 00:49:15,700
just we need that those protocol
developers and the interest in 

883
00:49:15,700 --> 00:49:18,600
Industry to make this private by
default. 

884
00:49:19,800 --> 00:49:21,900
Absolutely love it. 
I couldn't agree more. 

885
00:49:22,500 --> 00:49:26,300
Well what else is Ellen Capital 
working on, or what else would 

886
00:49:26,300 --> 00:49:29,500
you like to end this segment 
with maybe leave believe the 

887
00:49:29,500 --> 00:49:31,100
people. 
With some wisdom. 

888
00:49:32,500 --> 00:49:36,800
Yeah, I mean in terms of wisdom 
I mean if you're interested in 

889
00:49:36,800 --> 00:49:39,900
Bitcoin as or lightning, 
especially want to work in the 

890
00:49:39,900 --> 00:49:45,500
industry just start a small note
perhaps a note on drug test or 

891
00:49:45,500 --> 00:49:47,800
something like that and just 
play around with it because you 

892
00:49:47,800 --> 00:49:51,000
learn a Tom by doing that. 
There's a lot of Simple 

893
00:49:51,000 --> 00:49:53,600
Solutions to get started with 
that. 

894
00:49:53,600 --> 00:49:58,200
So I mean, I think again the 
complexity in the tools are 

895
00:49:58,200 --> 00:50:01,800
growing every day so So if you 
grow with that technology it's 

896
00:50:01,800 --> 00:50:04,900
much easier to get into it and 
if you start three years down 

897
00:50:04,900 --> 00:50:07,500
the line, I want to jump into 
the industry out of time. 

898
00:50:07,500 --> 00:50:11,100
We're just there's so many terms
and sort of syntax and like how 

899
00:50:11,100 --> 00:50:13,600
people speak about this is just 
speeding up and getting more and

900
00:50:13,600 --> 00:50:16,500
more complex. 
So, jump in essentially, I 

901
00:50:16,500 --> 00:50:19,500
couldn't agree more. 
What Cylon Capital? 

902
00:50:19,500 --> 00:50:20,500
What do you guys got in the 
work? 

903
00:50:20,500 --> 00:50:24,000
Are you guys just fully focused 
on torque or you guys going to 

904
00:50:24,000 --> 00:50:25,800
roll out some new products as 
well soon? 

905
00:50:26,700 --> 00:50:30,900
Right now we just fully focused 
on tort so it's Yeah, it's just 

906
00:50:31,500 --> 00:50:34,300
new features. 
Absolutely love it. 

907
00:50:34,300 --> 00:50:35,600
Absolutely love it. 
Alright. 

908
00:50:35,600 --> 00:50:39,000
Well, hey, man, I can't wait to 
see what you guys do more in the

909
00:50:39,000 --> 00:50:41,700
future. 
I can't wait to, you know, make 

910
00:50:41,700 --> 00:50:45,200
sure that lightning is as easy 
as possible because I remember I

911
00:50:45,200 --> 00:50:48,800
tried to get on Lightning and, 
like, 2018, I wasn't smart 

912
00:50:48,800 --> 00:50:51,600
enough to, to like the command 
was rough. 

913
00:50:51,800 --> 00:50:55,800
It was rough and the Improvement
that I've seen in the amount of 

914
00:50:55,800 --> 00:50:58,200
building that I've seen on 
lightning in the past couple of 

915
00:50:58,200 --> 00:51:01,500
years, it really does. 
Is make me bullish on lightning 

916
00:51:01,500 --> 00:51:04,800
on scaling Bitcoin, but it's 
actually hilarious. 

917
00:51:04,800 --> 00:51:09,300
How many shit Corners still end 
up in rdms and and comment on 

918
00:51:09,300 --> 00:51:10,700
our show. 
It's like lightning is 

919
00:51:10,700 --> 00:51:12,800
vaporware, bro. 
Like it's not going to scale 

920
00:51:12,800 --> 00:51:15,100
Bitcoin. 
And you're like, have you even 

921
00:51:15,100 --> 00:51:18,400
used it because if you did, you 
would know that your shit coin 

922
00:51:18,400 --> 00:51:21,900
is Dead on Arrival. 
But hey we're just, you know, 

923
00:51:21,900 --> 00:51:25,600
toxic Bitcoin Maxis and we got 
her, we got our blinders on but 

924
00:51:25,600 --> 00:51:29,600
hey lightning simpler. 
Yeah I know it was actually the 

925
00:51:29,800 --> 00:51:32,900
First time I set up a node and 
so using in read about it and I 

926
00:51:32,900 --> 00:51:37,900
was like, yeah January 2019. 
I was like my mind just like 

927
00:51:38,300 --> 00:51:41,200
like there was no competition 
anymore it's like this actually 

928
00:51:41,200 --> 00:51:44,600
truly works even at that point 
for me was like still so 

929
00:51:44,600 --> 00:51:47,600
rudimentary. 
And now today's just yeah, it's 

930
00:51:47,600 --> 00:51:50,800
insane. 
Absolutely, couldn't agree more.

931
00:51:51,200 --> 00:51:54,600
It, blows my mind still to this 
day using lightning and just 

932
00:51:54,600 --> 00:51:57,900
seeing how far it comes. 
But like the thing that gets me 

933
00:51:57,900 --> 00:52:01,800
the most worked up. 
Is the fact that all the shit 

934
00:52:01,800 --> 00:52:03,800
Corners out there? 
Still think they have some kind 

935
00:52:03,800 --> 00:52:08,200
of relevancy when we're just 
like guys Bitcoin fixes this. 

936
00:52:08,200 --> 00:52:11,700
So I can't lightning fixes are 
so we don't need your shit coin 

937
00:52:11,700 --> 00:52:14,300
narrative to do what we're doing
on bitcoin. 

938
00:52:14,300 --> 00:52:16,700
But, you know, kudos to you for 
building this. 

939
00:52:16,700 --> 00:52:20,000
And shout out to the team. 
I hope to see you guys succeed 

940
00:52:20,000 --> 00:52:23,700
and also to, you know, blow up 
lightning even more than it 

941
00:52:23,700 --> 00:52:25,800
already has. 
So, I mean, excited for the 

942
00:52:25,800 --> 00:52:30,000
future and it's 100% necessary. 
We need the second layer being 

943
00:52:30,000 --> 00:52:34,000
built. 
That's 100% 100% sure about that

944
00:52:34,000 --> 00:52:38,400
and I'm glad that you guys are 
contributing to that and pushing

945
00:52:38,400 --> 00:52:41,800
forward, you know, this this 
Bitcoin future that I think we 

946
00:52:41,800 --> 00:52:44,700
all dream of. 
Anyways, everybody, let's get to

947
00:52:44,700 --> 00:52:47,500
the mean review, got a lot of 
memes to review. 

948
00:52:47,700 --> 00:52:54,500
Let's do it. 
The daily meme review brought to

949
00:52:54,500 --> 00:52:56,600
you by Kaboom racks. 
I get this question all the 

950
00:52:56,600 --> 00:52:57,400
time. 
Nico. 

951
00:52:57,400 --> 00:52:59,300
Where should I buy Bitcoin 
miners. 

952
00:52:59,300 --> 00:53:02,400
The answer is Kaboom racks. 
It's the best place to buy 

953
00:53:02,400 --> 00:53:04,000
Bitcoin miners. 
That's where you're going to 

954
00:53:04,008 --> 00:53:07,200
find the best deals and the best
prices start. 

955
00:53:07,200 --> 00:53:09,900
Your mining Utopia today to 
check out their racks. 

956
00:53:09,900 --> 00:53:13,000
You got to go to T dot me, slash
Kaboom racks. 

957
00:53:13,000 --> 00:53:16,600
Join their telegram group and 
start your mining Journey today.

958
00:53:16,600 --> 00:53:20,700
Kaboom racks. 
MX. 

959
00:53:20,700 --> 00:53:22,500
All right, guys, this is the 
meme review. 

960
00:53:22,500 --> 00:53:24,800
This is your favorite portion of
the show. 

961
00:53:25,100 --> 00:53:28,900
I know, I know you sit through 
the first 45 minutes and usually

962
00:53:28,900 --> 00:53:31,900
just tuned in for the memes 
because we feature here, meme. 

963
00:53:31,900 --> 00:53:37,300
So tag me on Twitter, drop, the 
memes in our telegram group, and

964
00:53:37,300 --> 00:53:41,400
I will find the best one to 
again, I can't get to all of 

965
00:53:41,400 --> 00:53:44,100
them, but I do put them in our 
show notes and I'll get to them 

966
00:53:44,100 --> 00:53:49,100
as soon as possible. 
But tweet to the bullets memes 

967
00:53:49,100 --> 00:53:51,300
are the artillery. 
We are in an information War 

968
00:53:51,300 --> 00:53:53,700
guys. 
It's never become clear and it 

969
00:53:53,700 --> 00:53:57,200
becomes clearer and clearer 
every single day that you guys 

970
00:53:57,200 --> 00:54:00,400
are on the right side and you 
need to wake up your friends and

971
00:54:00,400 --> 00:54:03,200
family out there and the best 
way to do this and I'm stealing 

972
00:54:03,200 --> 00:54:06,400
the quote from George Carlin. 
The best way to wake people up 

973
00:54:06,400 --> 00:54:09,000
and tell them the truth is make 
them laugh or else. 

974
00:54:09,000 --> 00:54:12,000
They will kill you. 
So get the means out there, get 

975
00:54:12,000 --> 00:54:15,600
the calls of actions out there. 
Make sure people understand why 

976
00:54:15,600 --> 00:54:17,500
you do what you do. 
You ridicule the corporate 

977
00:54:17,500 --> 00:54:20,000
press. 
These are all tools in our tool 

978
00:54:20,000 --> 00:54:22,400
bag. 
Anyways, anyways, the first me 

979
00:54:22,400 --> 00:54:25,500
maybe I should have waited for 
this one for tomorrow, but hey, 

980
00:54:25,500 --> 00:54:29,400
I have it up here and this is by
our friend, our DB T C. 

981
00:54:29,800 --> 00:54:33,800
And we got the, the Tweet here 
by the Council of economic, 

982
00:54:33,800 --> 00:54:39,300
advisers AKA @whitehouse CA and 
it is them dropping the news 

983
00:54:39,300 --> 00:54:41,800
that everyone was freaking out 
about that Nico covered in the 

984
00:54:41,800 --> 00:54:45,700
beginning about, you know, them 
taxing, Bitcoin mining, and we 

985
00:54:45,700 --> 00:54:47,700
got this fun. 
Bob Meme here and we got the 

986
00:54:47,700 --> 00:54:50,200
tweet and SpongeBob looking at 
the tweet and he's all 

987
00:54:50,200 --> 00:54:53,200
distraught. 
Like what in the hell is this? 

988
00:54:53,400 --> 00:54:55,900
And then he throws the tweet in 
the fire and it burns and he's 

989
00:54:55,900 --> 00:54:58,500
got laser eyes because it's 
absolute trash. 

990
00:54:58,600 --> 00:55:00,100
Absolute trash. 
Okay. 

991
00:55:00,100 --> 00:55:03,700
This next one is by toxic at 27 
chest out the toxic at. 

992
00:55:04,000 --> 00:55:07,800
He's all over the telegram group
and we got the classic. 

993
00:55:08,500 --> 00:55:11,900
I don't know, dude, grabbing nor
me grabbing a balloon. 

994
00:55:11,900 --> 00:55:14,800
So we got a normie, grabbing the
balloon and the balloon is 

995
00:55:14,800 --> 00:55:19,400
currency in the bank. 
And then we got the guy behind 

996
00:55:19,400 --> 00:55:22,800
him, going more Banks failing 
than 2008 and then Army looking 

997
00:55:22,800 --> 00:55:26,700
back, scared, as he grabs his 
currency quote, unquote, in the 

998
00:55:26,700 --> 00:55:30,500
bank, probably not there. 
Anyways, its next meme is by a 

999
00:55:30,500 --> 00:55:33,600
beauty on and when Beauty on 
puts his hat in the meme game, 

1000
00:55:33,600 --> 00:55:37,000
you know, I put it up on the 
show because he always kind of, 

1001
00:55:37,300 --> 00:55:41,800
you know, it's critical on our 
mean game but hey, he's putting 

1002
00:55:41,800 --> 00:55:43,500
his hat in the ring. 
So you should too. 

1003
00:55:43,500 --> 00:55:46,500
And you guys Bitcoin to the 
regulation, East has Has. 

1004
00:55:46,900 --> 00:55:50,500
And we got a big hand here. 
That is my constitutional rights

1005
00:55:50,500 --> 00:55:53,000
flicking. 
A person off the cliff, and the 

1006
00:55:53,000 --> 00:55:56,400
person is your feelings. 
My constitutional rights 

1007
00:55:56,700 --> 00:56:00,000
supersede, your feelings sorry. 
Not sorry. 

1008
00:56:00,000 --> 00:56:03,300
Anyways, its next name is bai at
to local to and he just goes 

1009
00:56:03,300 --> 00:56:07,700
hashtag Bitcoin and we got the 
classic Wolverine laying in bed 

1010
00:56:07,900 --> 00:56:12,100
and he's she's super sad and he 
looks at the screen, and the 

1011
00:56:12,100 --> 00:56:17,000
screen is the mempool fees. 
Shouts. 

1012
00:56:17,000 --> 00:56:21,100
Ow trip to one set. 
Once that perfect little bite 

1013
00:56:21,100 --> 00:56:24,200
fees. 
Are we ever going to clear the 

1014
00:56:24,200 --> 00:56:26,900
mempool again? 
I don't know, but every time 

1015
00:56:26,900 --> 00:56:28,800
Odell says that we clear the 
mempool. 

1016
00:56:28,800 --> 00:56:32,600
So hopefully we see one set fees
again man. 

1017
00:56:33,000 --> 00:56:34,600
Honestly neither did you see 
then yesterday? 

1018
00:56:34,600 --> 00:56:38,200
They were like 120. 
It was absolute Madness. 

1019
00:56:38,200 --> 00:56:40,900
Yesterday. 
Absolutely crazy. 

1020
00:56:40,900 --> 00:56:43,900
I did get a dip transaction. 
Go through yesterday. 

1021
00:56:52,400 --> 00:56:56,400
Look, I'm willing, I'm perfectly
willing to pay $100. 

1022
00:56:56,700 --> 00:57:00,400
That's fine, you know, 
eventually maybe when fees are 

1023
00:57:00,400 --> 00:57:03,600
get there, but that's exactly 
why we have, you know, we have 

1024
00:57:03,600 --> 00:57:05,400
entrepreneurs, like, Heinrich, 
right. 

1025
00:57:05,400 --> 00:57:08,100
Building on the second layer is 
why the second layer is so 

1026
00:57:08,100 --> 00:57:11,900
important, right? 
Because you're gonna pay $100 

1027
00:57:11,900 --> 00:57:13,700
for a coffee, you know, is it 
going? 

1028
00:57:13,900 --> 00:57:15,600
Is it be more than the coffee 
itself? 

1029
00:57:15,700 --> 00:57:18,200
Wait, wait. 
Here, Roger ver screaming in the

1030
00:57:18,200 --> 00:57:23,000
background right now. 
So no, this is a no seriously. 

1031
00:57:23,000 --> 00:57:26,400
Like, this is why what Heinrich 
is doing is so vital. 

1032
00:57:26,700 --> 00:57:29,700
We have to build out the second 
layer, can't emphasize that 

1033
00:57:29,700 --> 00:57:32,500
enough Sailors. 
Focusing a focusing on this as 

1034
00:57:32,500 --> 00:57:36,800
well, right? 
Anyways, anyways, I waited till 

1035
00:57:36,800 --> 00:57:39,800
this morning and got a 20s at 
fee through. 

1036
00:57:39,800 --> 00:57:42,200
So shout out to you Nica, you 
the real MVP. 

1037
00:57:42,300 --> 00:57:46,200
Anyways, its next move is by 
Lynn Alden, AKA at Lynn Alden 

1038
00:57:46,300 --> 00:57:50,000
Act on Twitter and we got the, 
the classic old man, you know, 

1039
00:57:50,000 --> 00:57:54,400
smiling in pain Meme and he 
looks at his computer goes banks

1040
00:57:54,400 --> 00:57:56,100
are risky. 
So I stuffed everything into 

1041
00:57:56,100 --> 00:57:59,500
treasuries and then it looks at 
you and smile, which then 

1042
00:57:59,600 --> 00:58:02,900
defaulted, this is why you need 
to hold Bitcoin. 

1043
00:58:02,900 --> 00:58:05,400
This is why corporations around 
the world will start holding 

1044
00:58:05,400 --> 00:58:07,400
Bitcoin. 
This is why even government will

1045
00:58:07,400 --> 00:58:09,200
hold Bitcoin. 
It is what it is. 

1046
00:58:09,600 --> 00:58:11,700
Just make sure you stack ahead 
of them guys. 

1047
00:58:11,700 --> 00:58:14,000
You guys have the asymmetric 
knowledge today and the 

1048
00:58:14,000 --> 00:58:16,200
understanding to know why you 
should be stacking. 

1049
00:58:16,300 --> 00:58:18,500
So get your friends and family 
stacking as well. 

1050
00:58:18,700 --> 00:58:22,500
Anyway, it says, next meme is by
the BTC therapist and he goes 

1051
00:58:22,600 --> 00:58:25,400
the cycle That Never Ends 
hashtag BTC. 

1052
00:58:25,800 --> 00:58:28,600
And we got the first first point
here it goes government 

1053
00:58:28,600 --> 00:58:31,700
overreach and then it leads into
number 2, which is questioning 

1054
00:58:31,700 --> 00:58:32,800
money. 
Which leaves in the number 

1055
00:58:32,800 --> 00:58:36,000
three, you study Bitcoin which 
leads to number four, which 

1056
00:58:36,000 --> 00:58:39,600
means you adopt a superior 
money, AKA Bitcoin and then 

1057
00:58:39,600 --> 00:58:42,800
leads to number five, which is 
you educate others. 

1058
00:58:42,900 --> 00:58:46,900
So that they also go down the 
rabbit hole and get Into this 

1059
00:58:46,900 --> 00:58:49,300
cycle. 
And then this last name is bai 

1060
00:58:49,300 --> 00:58:50,500
at Francis. 
Pull it shuts. 

1061
00:58:50,500 --> 00:58:54,000
Out the Francis and you know, 
you know, anytime I see a 

1062
00:58:54,000 --> 00:58:59,100
Bitcoin miner post a meme or a 
gif about someone in Bitcoins, n

1063
00:58:59,100 --> 00:59:03,400
meditating on their stack, on 
the proper way to make it 

1064
00:59:03,400 --> 00:59:05,700
through the separation of money 
is State. 

1065
00:59:05,700 --> 00:59:08,400
I put it on the show. 
Anyways, we got this GIF over 

1066
00:59:08,400 --> 00:59:10,100
here. 
Have a guy sitting by the 

1067
00:59:10,100 --> 00:59:12,500
waterfall meditating and it goes
improve. 

1068
00:59:12,500 --> 00:59:16,100
Self, custody, promote Bitcoin, 
only keep Bitcoin didn't steal. 

1069
00:59:16,300 --> 00:59:18,300
July's. 
This is the way boys and girls 

1070
00:59:19,000 --> 00:59:23,400
boys and girls. 
Boys and guys, boys and boys. 

1071
00:59:25,000 --> 00:59:31,700
All right guys, drop your knees.
Just got chat as we cover hours 

1072
00:59:31,700 --> 00:59:36,700
live, okay. 
My meme review score today is do

1073
00:59:36,700 --> 00:59:38,500
this. 
It might be an invisible lighter

1074
00:59:38,800 --> 00:59:41,500
and invisible, lighter and 
invisible barbecue style 

1075
00:59:41,600 --> 00:59:44,400
starter. 
Okay, it's heads, actually, 

1076
00:59:44,800 --> 00:59:46,100
fluorescent green, but it's 
invisible. 

1077
00:59:46,200 --> 00:59:47,600
Isabel. 
I'm gonna give it a. 

1078
00:59:47,608 --> 00:59:52,800
Not just a lot over Crowder mug,
but a ladder with Crowder mug, 

1079
00:59:52,800 --> 00:59:57,600
with a bunch of things things 
inside. 

1080
00:59:57,800 --> 00:59:59,600
Yeah, that's my score. 
Anyways. 

1081
00:59:59,600 --> 01:00:01,100
Henrik, what would you give 
those memes? 

1082
01:00:02,600 --> 01:00:08,200
I mean the remote, the heater 
fan which absolutely killed my 

1083
01:00:08,200 --> 01:00:11,100
electricity electricity bills 
this winter so. 

1084
01:00:12,200 --> 01:00:15,200
Yeah, still not, haven't fully 
financially recovered from that.

1085
01:00:15,200 --> 01:00:19,700
One needs a space heater. 
Was that was is that a 3D 

1086
01:00:19,700 --> 01:00:22,500
printer in the back? 
Oh yeah, definitely. 

1087
01:00:23,200 --> 01:00:25,100
I'm just gonna get another one 
as well. 

1088
01:00:25,500 --> 01:00:30,400
Let's go 3. 
Now it's is a Bruiser. 

1089
01:00:31,100 --> 01:00:33,100
Oh, I want one of those are so 
bad. 

1090
01:00:33,200 --> 01:00:37,100
I-i'm gonna buy one, I'm buying 
one very good that they have. 

1091
01:00:37,100 --> 01:00:40,700
The new will now that the for 
Workforce go very, very cool. 

1092
01:00:40,700 --> 01:00:44,400
Alright, everybody, before we 
start reading the meme review 

1093
01:00:44,400 --> 01:00:46,800
scores opting, I want to give a 
very special shout-out to our 

1094
01:00:46,800 --> 01:00:49,700
clothing sponsor Opti night, 
where the merge every single 

1095
01:00:49,700 --> 01:00:52,300
day. 
The simply Bitcoin marriage 

1096
01:00:52,300 --> 01:00:54,200
chopped. 
He's wearing the classic black 

1097
01:00:54,200 --> 01:00:56,900
and white represent. 
Hoodie also new simply Bitcoin 

1098
01:00:56,900 --> 01:00:59,300
merge dropping soon. 
There's Is more hats available. 

1099
01:00:59,300 --> 01:01:02,300
So check out the represent 
LTD.com website, get it while 

1100
01:01:02,300 --> 01:01:05,200
supplies last you can use promo 
code simply Dash Bitcoin get 

1101
01:01:05,200 --> 01:01:10,700
yourself a 10% discount alright 
Opti let's get to some of the 

1102
01:01:10,700 --> 01:01:15,100
meme scores but first cue the 
epic music. 

1103
01:01:19,200 --> 01:01:22,000
All right, the p man. 
Band Score, 1, Roger ver, middle

1104
01:01:22,000 --> 01:01:26,200
finger Rage Quit. 
We should have that video like 

1105
01:01:26,200 --> 01:01:29,700
just like as part of our b-roll 
like how you have the Alex 

1106
01:01:29,700 --> 01:01:32,500
Jones? 
Yeah we just have to have that 

1107
01:01:32,500 --> 01:01:35,400
one casein. 
Gives it my meme review is the 

1108
01:01:35,400 --> 01:01:39,100
Bitcoin fees when it was at 164 
SATs wolf. 

1109
01:01:39,200 --> 01:01:41,900
Yeah that was crushed. 
This is why lightning exists 

1110
01:01:42,100 --> 01:01:46,900
Elaine Lowell says a meme that 
fills the screen with Sailors 

1111
01:01:46,900 --> 01:01:48,900
smile. 
Now words necessary. 

1112
01:01:49,800 --> 01:01:54,200
But okay. 
Okay, let's wait, I don't know. 

1113
01:01:54,400 --> 01:01:55,800
Yeah, you can you can say this 
one. 

1114
01:01:55,900 --> 01:02:01,400
All right, I gotta I gotta 
screen off these Big Macs coin 

1115
01:02:01,400 --> 01:02:05,400
while it's me and review scores.
Oh man, opt he's Big Mac coin 

1116
01:02:05,400 --> 01:02:07,900
wallet score. 
Penetrating normies with Bitcoin

1117
01:02:07,900 --> 01:02:10,200
propaganda their minds. 
I mean, I wouldn't call it 

1118
01:02:10,200 --> 01:02:11,700
propaganda. 
Oh, just say the truth that 

1119
01:02:11,700 --> 01:02:22,500
McLovin I give the memes allergy
medicine for Opti to You almost 

1120
01:02:22,500 --> 01:02:28,000
filtered one and then the one 
you almost filtered one and then

1121
01:02:29,600 --> 01:02:33,700
sorry I didn't mind Mike Hobart.
I give the memes a fresh cup of 

1122
01:02:33,700 --> 01:02:36,800
coffee with a dose of locally, 
sourced, honey, to cure all 

1123
01:02:36,800 --> 01:02:38,300
these allergies. 
All right? 

1124
01:02:38,300 --> 01:02:45,100
Are we okay guys? 
Thank you. 

1125
01:02:45,700 --> 01:02:47,300
Oh, one more, it's basic 
biology. 

1126
01:02:47,300 --> 01:02:51,700
I give the memes. 100 gross. 
Self-sealing stem bolts. 

1127
01:02:51,700 --> 01:02:53,600
Okay, okay. 
Very I like that. 

1128
01:02:53,600 --> 01:02:55,700
Very creative. 
All right guys, thank you so 

1129
01:02:55,700 --> 01:02:59,200
much for joining us on another 
episode of Simply Bitcoin live. 

1130
01:02:59,200 --> 01:03:01,900
We really appreciate it, but 
before we going to give up very 

1131
01:03:01,900 --> 01:03:05,400
special shout-out to Our Guest. 
Thank you so much for joining us

1132
01:03:05,400 --> 01:03:07,200
today Heinrich really appreciate
it. 

1133
01:03:07,300 --> 01:03:09,400
Why don't you tell everybody 
where they could find you on the

1134
01:03:09,400 --> 01:03:12,000
interwebs? 
Yeah, thanks for having me. 

1135
01:03:13,100 --> 01:03:16,900
Yeah so Ellen capital l n 
underscore Capital, which is on 

1136
01:03:16,900 --> 01:03:20,400
screen now and my handle is Oah 
scope. 

1137
01:03:20,400 --> 01:03:23,300
Strum hard to pronounce if 
you're not in region. 

1138
01:03:23,400 --> 01:03:26,800
So yeah, you can search a bit 
but I really appreciate you 

1139
01:03:26,800 --> 01:03:29,800
coming on the show, man, and 
keep on the good fight because 

1140
01:03:29,800 --> 01:03:32,000
we do need. 
We need that that second layer 

1141
01:03:32,000 --> 01:03:35,400
needs to be built out and 
entrepreneurs, like, you are 

1142
01:03:35,400 --> 01:03:38,500
instrumental to that process. 
Anyways, guys, thank you so much

1143
01:03:38,500 --> 01:03:41,100
for tuning in to another episode
of Simply Bitcoin live. 

1144
01:03:41,100 --> 01:03:43,700
We really appreciate if you 
enjoyed the show, make sure to 

1145
01:03:43,700 --> 01:03:46,600
smash that like button. 
If you feel like we provided you

1146
01:03:46,600 --> 01:03:49,100
value consider subscribing. 
But the number one thing you you

1147
01:03:49,108 --> 01:03:53,000
could do to help push the 
peaceful Bitcoin Revolution is 

1148
01:03:53,100 --> 01:03:56,000
share all Bitcoin content. 
Of course, we'd love if you'd 

1149
01:03:56,000 --> 01:04:00,200
share our content but share all 
Bitcoin content and don't share 

1150
01:04:00,200 --> 01:04:02,600
shit, coin content, that's 
counterproductive. 

1151
01:04:02,900 --> 01:04:05,800
Anyways we love you all will see
you tomorrow for another episode

1152
01:04:05,800 --> 01:04:09,000
of Simply Bitcoin live at 12:15 
p.m. 

1153
01:04:09,000 --> 01:04:11,400
Eastern Standard Time. 
See you guys later.