Yeah, welcome to Simply Bitcoin Live.
That was a tongue twister. We are your number one source
for the peaceful Bitcoin revolution.
Code breaking news culture, Matic Warfare.
We will be your guide through the separation of money and
state. It's the Friday show.
Super excited. Oh man, it's been, it's been
quite a week. We're going to start, we're
going to end it with some bullish news.
Michael Saylor is going absolutely ham.
We we know that this week he announced that he was going to
sell 750 dollars, $750 million worth of micro strategy stock to
stack more Bitcoin then he's going also on CNNBC.
So basically say that there's a universal consensus that Bitcoin
is winning, right. It's a decentralized global
asset has no issuer the digital gold standard of digital
commodities. Michael Saylor is going full
balls to the wall. And.
And again, if it was just Michael Saylor by by himself,
you know, it'd be a different story.
But you also have Larry Fink speaking wonders about Bitcoin
also on legacy corporate financial media as well.
This is a crazy time to be alive.
I could have never have expected this five years ago.
I can't even imagine where we're going to be 5 years from now.
I think we're going to see, you know, a lot of Fortune 500 CEO's
have no choice but to put Bitcoin on their balance sheet.
I really think that this next cycle and the the cycle after
that, you're going to see this massive wave of global adoption.
So I could not be more bullish. All the stars are lining.
But at the same time, while all this is happening, you know, on
the political front like we covered yesterday or the day
before, it's all kind of mixes together these days.
We were talking about the Senator Cynthia alumnus and the
Senator Warren bill. And you know, the wording in
that bill was, was very troubling, right?
You had this idea of of KYC minors, KYC wallet providers,
KYC validators like how is that even possible?
How is that even enforceable? We had the CEO of Start 9
yesterday. You know, they make some of the
best Bitcoin nodes in the business.
And he was literally saying it, right?
He's like that. That's that's impossible.
They're not going to be able to do this, but it doesn't mean
they're not going to try, right. So just because of all this
bullish news that's happening, you know, don't put your defense
down. This has never been a better
time to learn how to take self custody.
You know, write down your seed phrase, put it on titanium with
the seed, the seed plate, and yeah, you know, do do do
yourself a favor and learn how to take self custody.
If you don't know how to do so, check out BTZ sessions.
He has a he has some awesome, awesome tutorials.
All right, Opti, here we go. Let's do this, man.
Let's do this. What's up?
What's up everyone? I'm choking on words.
I'm like miss. Well, hashtag Nico can't speak
English. We already know this.
It's stamp seed. Put your shit on titanium.
But like, I don't know. I don't know what's wrong with
me today bro. It's.
It's a Friday. You didn't have enough coffee.
Like I'm like literally shaking because I'm too much coffee
today. I didn't drink enough water this
morning. But hey man, we're here.
It's the Friday show. We made it another week.
I have lost the math. I don't remember what week we
are on. So you guys can Fact Check me
What week out of the year? Are we?
What? We got a 52, Are we?
That's what. We're down.
Anyways, Yellow, quit trolling me in the chat.
How do you want me to put your meme on the show and you're
trolling me on the chat? That's some titanium SMR, bro.
Anyways, anyways, Nico, before people say that we're too
childish on the show again, we have an awesome guest today,
Bert from Bitcoin Brabant. I think I said that wrongly but.
Bitcoin miner that uses the excess heat from the Asex to
heat up your business. So this is going to be lit.
I'm I'm excited for this one. It's going to be a great show
anyways. Oh man, yellow.
I said literally the same thing. I put on the polo and I look
like a professional. Yeah.
Should we? Should we start talking
professionally? I'm going to wear a suit next
week. I don't even have a suit.
Should we start talking professionally?
Hi guys, welcome to simply Bitcoin welcome to simply.
Bitcoin. We have Bitcoin Rabbit on the
show today. We're for news and culture.
Anyways, anyways anyways birds. Sorry birds.
How are you doing today dude? Yeah, very good.
It's great to be on the show first time, so happy to have.
You here is what you will make of it, because Friday show so
it. Is we're a consummate
profession? I'm bringing, I'm bringing the
Tulip bubble, you know. All right.
So so, Abdi, why don't you tell everybody what Bert does?
Yeah, so like like I said, he's part of and actually forgive me,
how do I say your company again cuz I budget.
But that's. A big problem, OK?
And he's a Bitcoin miner that uses the excess heat to heat up
your business. And we have a really cool,
really cool example of this and we're gonna go down his rabbit.
Whole story. And.
And we'll talk about all that stuff during the culture.
So you guys already know the deal.
Yeah, it's gonna be an awesome. It's gonna be an awesome show.
Guys looking forward to it. Let's do this.
Let's head straight into the numbers, the Bitcoin numbers.
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Anyways, at the time of recording the Bitcoin price is
29,235 sats per dollar 3421 block height 801,669 blocks to
having 38,331 having estimate April 20th 2024 Total Lightning
network capacity 4689 Bitcoin capacity value 137,000,000 U.S.
dollars Realized monetary inflation 1.76% Market
capitalization $568 billion Bitcoin versus gold market cap
4.37% Anyways I have a very interesting video for for you
guys from Adam back and shout out to documenting Bitcoin which
does an incredible job documenting Bitcoin.
So they say six years ago today Bitcoin proved itself as a
decentralized system no one controls.
Listen to Adam Back explain so let's check it out.
You know, in the sig with 2X and episode, the people in the
companies that were trying to organize to push Bitcoin into a
kind of bigger block, more retail payment direction, spent
a lot of effort lobbying minors with the idea that the miners
were decision makers. But it turns out the miners were
basically powerless and immediately switched networks
just just for simple economic reasons.
And so I think the combined learning for everybody that the
the end users with the economic voting, you know that they would
sell the fork. They would short us the the
future and that the miners were basically not politically active
in any way. They would just mind whatever's
more profitable meant that it was kind of a landslide victory
for people who wanted to keep Bitcoin as a user controlled and
earned currency. And so the the fact that that
worked was extremely positive. So as Jacomo said that, you
know, people were nervous before, but when it was a
victory and it was a genuine grassroots victory, which showed
that the developers had essentially no control, the
large companies had no control and the miners had no control.
So it's basically a perfect storm and Bitcoin came out the
other side completely unscathed. So people view that as a very
interesting, a positive lesson about the sort of long term
store of value capability of Bitcoin, because basically all
the forces that could be potentially aligned against the
user's interest to keep Bitcoin permissionless and decentralized
tried their best to coordinate and completely failed in the
market. So I think that was instructive
to everybody because people were kind of nervous or unsure at
different levels of understanding about the game
theory. But it turns out that basically
it's not possible to change Bitcoin.
If you have your own private keys and you wouldn't accept the
transaction that's not verified by your full node, then other
people out in the world can do whatever they want.
They can mine other things. They can make arguments, they
can change your software, their exchange runs.
But ultimately you're still going to have Bitcoin and
nobody, nobody external to you can change that fact.
So that that fact was not understood.
And I think that's also very positive since then that there's
been a lot of interest in adopting full nodes.
So I look, I think Adam Back perfectly described, you know
the four cores and the significance of the four cores,
what happened during the four cores and yeah, it's it's a
testament to what makes Bitcoin unique, right.
You had the largest, the the largest minor bit main try to
team up with some of the largest companies and they were trying
to change for bigger blocks and that would have centralized the
network in the process. Because bigger blocks means more
resource requirements in order to run a node, more resource
requirements to run a node, meaning less people can run a
node because it becomes economically infeasible for a
lot of people, right? You know, the block size are the
way they are by design. It's a feature, not a bug.
Decentralization above all. And the fork wars, you know, not
only did it not kill Bitcoin, it made Bitcoin stronger, right?
And so that happened. That wasn't 20, those 20/17/2018
if my memory serves me correctly.
And those are some scary times. I remember that they
artificially made the Bitcoin cash hash rate surpass bitcoins
hash rate for I think two or three times depending on the,
you know, hash rate metric that you're using.
But a couple years after that, we had the China ban during the
2021 bull market. And you know, both those things,
both those events were attacks on Bitcoin, make no mistake.
And what inevitably what it what was the inevitable outcome of
both those things? Inevitable in hindsight, but
when you're living through it, it's actually pretty freaking
scary cuz you don't know. It's never happened before in a
historical context. But the the outcome of that, it
was what doesn't kill the honey badger makes it stronger, right?
The hash rate decentralized. In the process, it proved that
it's not the miners who own the network or run the network.
They're just paid security guards.
Who's really running the network are the nodes, right?
This is why it's so important. Run your own node.
If you don't want to build one, you could buy a prebuilt one.
Start nine is dope. Not all is dope.
There's so many, you know, there's so many companies that
you can check out if you want a prebuilt node or you could just
build one yourself. And when I say node, you can run
Bitcoin Core on an old computer that you're not using, right.
You don't have to have a dedicated device that's always
on right? Even though that would be the
ideal case. So anyways, Opti, what's your
take on this bro? Like, I love the way he
explained. It sounded super smart.
I couldn't. I don't think I could.
I could have explained. I could have articulated it.
The Fork Wars that well, No, highly regarded.
He didn't even call the He didn't even call it the Fork
wars. He called it the SegWit 2X event
or something. Yeah, I mean, well look, This is
why we tell you guys constantly on the show to run a node like
This is why we Bitcoin. Like This is why Bitcoin is
money for the people by the people.
As because you guys run a node, you verify your own
transactions, don't trust someone else with your money,
run a node, verify your own transactions like minors and big
businesses and big holders do not hold more sway than you on
the Bitcoin network. If you haven't, you know any
economic transaction as long as you're running a node.
You are also verifying the rules of the network.
So like Bitcoin, this is the reason why Bitcoin is the only
decentralized and the most decentralized currency in the
world is because of all you guys out there running nodes and
continue to run nodes and like we say all the time, you know
you can buy a standalone node or just download Bitcoin core like
simply on an old computer. You don't have to do anything
fancy. If you don't have the the means
to get your own standalone node, like there's options for
everyone. Every person's need can be fixed
or or addressed. Yeah, there you go.
Raspberry Pi, like everyone, can be addressed by running a
Bitcoin node and you don't have to trust people like this is
literally why Bitcoin was created in the 1st place.
So you know, like it it's. It's a it's a hurdle that
everyone I think should do. But hey, if your family doesn't
feel technical, be their Uncle Jim so they can verify off your
own note. Like there's a lot of things.
To continue to decentralize the network.
And I came after the Segue 2X battle.
I came in like a month after this.
So I I I came in once the dust settled and it was so unnerving
at the time. I'm like, wait, which one is the
real Bitcoin? But now what?
Six years later, it's become very obvious which one's which
and which one is the the one with the most economic power.
But hey, we have Bert here, and he's a Bitcoin miner as well.
So what's your thoughts on this, Bert?
And Node Runner as you could. And Node runner exactly.
It's one of the notes that's currently not working.
But yeah, so I also came in quite far after the The Four
Wars. So if you want to know about it,
read Jonathan Beer's book Block Size War.
That's that's amazing book. But yeah, so I came in in 2019
because I actually was exposed to Bitcoin already in 14 I've
got. Even screenshots of the messages
where we talked with friends about mining and a lot of things
but I yeah, I didn't believe it would survive.
So and even at work and the previous work we we talked a lot
about it. But I wasn't expecting it to to
last. And then in 2019 I dipped in a
little bit and then basically two years full time I had to
know everything about it. And then then.
In 2021, I started mining a bit, so heating my home a lot of
noise. So I had to cancel the noise out
to start to build boxes to dampen the noise.
And then in last year I started to mine at the greenhouse.
I made a little video of it, posted it on Twitter and got
half a million views. And then yeah, I had a company,
so that's basically the story, so.
It was a really nice couple of years and now full time in
Bitcoin already for more than 1 1/2 year.
Awesome man. Well that's awesome.
Let me ask you something cuz you went full time Bitcoin Opti and
I went through the same process as well.
It's I'm sure, at least in my case, it was definitely a bit of
a grind, right? It was not a.
Still is That is very true. But I guess working up to full
time Bitcoin, like working full time in Bitcoin.
I think that a lot of people want that, but I think that a
lot of people don't understand the grind and commitment and
passion that that is required in order to achieve that.
Yeah, and a very minimalistic lifestyle.
So if you don't have cost then it's OK, you know, so if there's
not much income. And also if you look back, yeah,
mining. So last year I did 18
installations at businesses. So also some homes, but mostly
businesses. So placing heaters at the
warehouse or a restaurant or all kinds of places.
And the greenhouse is the most famous.
So that's why Bitcoin Bloom is always, yeah, quite.
In the mind of people, because it's tulips and Tulip bulbs, so
that, yeah, that's easy to think of.
What is actually being grown there and we shipped it last
year and this year we will do the same again.
When we finished drying the Tulip bulbs, we will ship them
again for Bitcoin. But yeah, a lot of businesses
last year, but that was also because the natural gas prices
exploded in Europe and now they have normalized again.
So heating with miners is again. Not as profitable as it was last
year. And the nice thing is now it's
slowly shifting towards load balancing and spare capacity
mining because there was such a huge solar expansion here that
we have a lot of moments where you get paid to use electricity
and also that we have problems with the net.
So basically the transformer's going down.
And then we can use some minors to keep the grid balanced and
also use some excess electricity.
And we do that with all machines.
So as you can see here, there's nines.
We just refurbish them a bit or make them silent wherever people
want to put them and then throw them in.
And it's just, yeah, basically on electricity that you either
paid for or you need the heat or these kind of things.
So cheap machines and decentralizing Bitcoin, that's
the most important. Yeah, very, very cool.
Very, very cool. All right, everybody.
Before we move on to the Daily News, I want to give a shout out
to the biggest Bitcoin conference on the face of the
earth, Bitcoin 2024. It's going to be in Nashville,
TN this year, July 25th through the 27th.
Don't want to miss it. And get your tickets now before
the prices go up. For a GA you can get it for 349,
For an industry pass, you can get it for 8:49.
For a whale pass, you can get it for 4749 and you can use the
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already on top of the discounted tickets.
So use promo code. Simply get get a discount to
Bitcoin 2024 and of course Opti and I are going to be there and
we'll be excited to see you guys.
Anyways, everybody, no more delay.
Let's jump straight into the news.
The Daily News. All right guys, I want to tell
you about the Orange Pilap. They are building the social
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you'll get 10,000 Sats. And of course Opti and I
appreciate all the love and messages that we're getting on
the Orange Pill app. We appreciate you guys anyways.
The big news for today Again, Michael Saylor just going
scorched earth on CNNBC. Here's a clip of him.
Here's Bitcoin Archive, who does a great job archiving Bitcoin
and he says Michael Saylor on CNNBC.
There is no there is universal consensus around the world that
Bitcoin is a decentralized global asset that has value, has
no issuer, and is the global standard of digital commodities,
right. So while he's saying that,
Michael Saylor is also tweeting this, right?
So he's flexing his muscle and he's basically saying like,
look, this is our strategy. Look at how our strategy house
performs basically everybody else.
And for audio listeners, this is a graphic.
It says MicroStrategy outperform since outperformance since
adoption of Bitcoin Standard. And it has comparisons, right?
It has Oracle, has IBM right, has Google, Apple, Microsoft,
Meta. Also known as Facebook, Netflix.
Amazon. And even they even puts Bitcoin
on there. And apparently micro strategy
stock has has gone up to 154%, Bitcoin has only gone 145%, the
SNP has only gone up 37%, the NASDAQ has only gone up 31%.
The point is, is that I think he's making the case that his
Bitcoin strategy, even though it's very bold, definitely very
aggressive, it was definitely a risk at the time he was doing
it. Especially from his perspective,
obviously it's not for, for, you know, for us mere mortals, it's
the only alternative was Bitcoin, but from someone in his
position, you know it definitely.
I would definitely consider it a risk, but it's definitely paying
off and I think it's going to continue to pay off as time
progresses and I think that will be a forcing function for other
public companies. They're not going to be able to
ignore this thing. Because of just, it's just
superior assets, just better money than Fiat.
Like you're holding Fiat on your treasury.
Like think about it. You're holding $100 million or
your $500 million worth of cash. You're you're you're bleeding
10s of millions of dollars to and you're losing that
purchasing power because of inflation every single year.
It is a terrible store of value, but so you have no alternative,
right? But you introduce Bitcoin into
that. Even if you hold 1 or 2% of
Bitcoin, it could compensate for the amount of purchasing power
you're losing. Because of you holding Fiat
right? This is this is the awesome part
about Bitcoin. I think that's what Michael
Saylor is proving right now. And I think the next cycle, it's
going to be an undeniable fact. He's going to be totally, 100%
vindicated. Anyways, I'm gonna play, I'm
gonna play this CNNBC and then we'll kind of go around the
table and get everyone's thoughts.
Nika, I can't hear it. You're on the wrong tab.
There we go. Let's try it again One want to
get your thoughts on that, especially since we have seen
regulators, the SEC for example, cracking down on
cryptocurrencies and exchanges in recent months, but Bitcoin
has been the exception thus far. Can the case be made that
Bitcoin is a commodity and doesn't require the same
regulation as everything else, or is it coming?
There's universal consensus generally everywhere in the
world, across across all parties, that Bitcoin is a
decentralized global asset that has value.
It is without an issuer and it is a digital commodity.
In fact, it is the gold standard of digital commodity.
So you study Bitcoin to figure out how to create a digital
commodity. There's also pretty general
uncertainty and conflict and controversy.
Surrounding the role of crypto exchanges, stable coins, digital
securities, tokens and defy I don't think that that that
uncertainty is going to be resolved anytime in the next two
years and and the chair of the CFTC is correct and saying we do
need a political solution coming from Congress.
It's pretty clear that there's not going to be a quick solution
coming directly from the regulators or organically from
the industry. So we're waiting for political
leadership to resolve that ambiguity.
Meanwhile, Bitcoin is the one unambiguous thing, right?
It is the most certain thing and a very promising innovative
economy, but full of regulatory uncertainty.
And so if you want to participate in the space, the
way to do it is with Bitcoin. Yeah.
And of course, we're also looking for changes to those
FASB accounting rules, which I know affect you every quarter as
well. So always lots to talk about.
Great to get your thoughts. Michael Saylor, thanks for
joining us. And just thank you for having
me. All right.
So interesting man. Interesting how this is so many,
so many things are happening so fast.
So I want to get opti's take and then and then birth.
Yeah well first and foremost you know micro strategy is skipping
up all the Bitcoin and is the de facto Bitcoin ETF until further
notice And and it seems like they're going to continue to
scoop up a shit ton of Bitcoin and this is a a professional
dictionary term shit ton of Bitcoin.
But to Michael. Sailors Point, you know, Bitcoin
has proven itself, maybe just to us bitcoiners, that it is a
global phenomenon that everyone around the world like, you know
Bert, he's in the Netherlands, where we're in the US there's
people in El Salvador. There's people literally on
every continent right now that also understand what Bitcoin is.
I say it all the time. The Bitcoin price is a real time
metric for people's understanding of Bitcoin and
this is a global Ledger. Everyone opts into it.
Everyone that runs a node, anyone that runs the Bitcoin
software, whether that's Start 9, not all Bitcoin Core, a
Raspberry Pi, whatever, all agree that this is a global
money. There's a universal
understanding. This is not, you know, we are
American centric. This is not just happening in
America, this is not just happening in the Netherlands or
El Salvador. There's literally nodes
everywhere around the world, and there's individuals that all
have come to the same conclusion, the same
understanding as us. That Bitcoin is their money.
The Bitcoin is the best way to store value, and Bitcoin is a
way to measure value around the world on the same metric system
of value as the meme goes. And this reduces the subjective
nature of value that that we find ourselves in the modern
world. You can't value the same thing
in different currencies because of all the different exchange
rates. Well, now we have one global
standard. It is called Bitcoin and you can
get on it today and you don't have to ask permission.
And you know, as much as people might not like Saylor on the
Twitterverse, he's a great spokesman.
Like. Why have people?
They have their own contentions. Not only is he scooping up.
I'm, I'm. I'm unplugged.
Not, I mean he's he's taking all the Bitcoin.
It's probably why they're just they're getting mad.
But he's a great spokesman and anytime he comes on the
mainstream media like. You're like, Dang, I need to
stack more sets. And he has a way of explaining
it for just the average person out there.
He's a way of explaining to the average person why their
skepticism and criticisms are wrong and why they need some
Bitcoin. And now everyone is waking up to
this. So hey man, I think moving
forward. This next year, the next two
years is going to be absolutely glorious.
And what do you say, Nico? All the time.
El Salvador and Michael Saylor will be vindicated this next
bull run. They're going to be, they're
going to be vindicated, bro. But both both are going to be
vindicated. It's going to be glorious to
see. It's going to be undeniable.
No amount of bullshit the media throws and tries to spin it is
going to be able to deny that. So anyways, Bert, I want to get
your take. What's up, man?
I think you muted, bro. Yeah, I was muted.
And yeah, actually, first the comment, there was some comments
from Yellow about Venice. Roy He's actually from this
town, so he's. Not mine yet.
We got Venice, Troy on the ship. Yeah, so it's actually.
So if come to our supermarket here and or go to the butcher
where you can actually pay with Bitcoin and you might walk into
him now, but and not football or soccer as you call it.
Yeah. So Saylor is actually for me,
super interesting because he's an engineer, an engineer that
was a CEO. And what you can see is that he
understands math, he understands physics and that's something you
don't often see in large corporations or CEO's in large
corporations. And this bold move that he makes
is just, yeah, it's very insane. There we go.
There he is. Yeah.
The brother, actually, that's also the name of the town where
I am now. It's also called Nistelroy.
So that's interesting now. So yeah.
And then what you see is actually really interesting that
you see that his upside is much more because he is doing
leveraged Bitcoin. So and a lot of people can't get
exposure through through normal direct ways on Bitcoin.
They need to go through the stock market.
So it's super interesting that he build a leveraged ETF already
and that is being used so much. So it says a lot about what the
future will bring. Yeah, yeah, 100%.
Yeah, man, it's it's. A couple things right?
That's freaking crazy about you and Venice, Troy and the town
that that's fucking nuts. And then 100% agree with you on
On the sailor stuff. It was very, very exciting.
But at the end of the day, to kind of go back to what Opti was
saying, I didn't even know he was getting shit on Twitter,
bro. Like yeah, fine.
Like I dude, if I was in his position, I would be using that
big ass company to, you know, leverage that company to buy
more and more and more Bitcoin. Like that that that would be a
genius move. Do you guys remember your first
couple of years in Bitcoin? You would sell everything you
can. In order to stack harder like it
was, you know, I remember those days, right, Sailors going
through that. When did sailors start buying
again? He's going through like the
first couple of years. The only difference between him
and the rest of us is that he's just a billionaire, right.
So he has access. He's a lot more access.
He has a lot more purchasing power than most of us.
So just any. Was it 2020?
It said right there in that chart. 20 It was pretty, I think
it was 2020, yeah, 2020, August 2020, I think in the chart.
And yeah, it's just insane how fast he accumulated, right?
And also when you saw the price drop and you think okay, could
someone get anxious, nothing happening, right?
He's, I never forget at Pacific Bitcoin, he was just hanging out
in the VIP area. And the VIP area was right in
front of the stage and it was like kind of like it was like
kind of, you know, closed off. And he was just sitting on on
one of the couches listening to all the speeches.
And I remember, like, this was when Bitcoin was sitting at like
16 K So like, I I can't even imagine.
Of course, like, you know, he, he was, he was concentrated, he
was having a good time. But I can't imagine.
What it must have been like for him, you know down 50% on his
Bitcoin investment and then having all that public pressure
behind him, that must have been crazy, you know, to to kind of
just, you know that that is, that is pure determination,
right? But again, most of us have gone
through that. I know that I have.
I've gone through that. I think that if you've been
here, if you've because what tends to happen is most people
get into Bitcoin in the bull market, right?
Like that's that's like the the generally what tends to happen
with 99% of people, right? So you get in 2017, you buy a
10/14/15 K then goes back down to three K you're like fuck, why
did I do that? I could have just waited for,
you know, 3K like I'm a fucking moron.
Anyways, anyhow. Well, well also just, I think it
was Foss who said it on Twitter the other day or yesterday or
something. Sailor understands his risk
tolerance and he understands how to hedge his risk.
And I forget what his trade was in the past, but sailor's been
making these very quote UN quote risky trades for probably the
most of his career. And so once he understands
something that that he has full conviction in.
He just goes all in and it's paid off for him in the past.
Obviously, like he is a billionaire, so like, you ever
seen the video of him presenting?
Yeah, Yes, of talking about the mobile wave, you know. 100% and
just before anyone had a had had an iPhone, you know.
Exactly. Yeah, you need to go full into
Apple because this iPhone that's going to break the market, you
know, You know, Yeah. And everybody thinks, yeah, this
guy is insane, right? Like Nokia and Samsung are
dominating the market. They have 99%.
What the fuck is this guy talking about?
And look where we are now, you know?
And that's exactly, that's 2010 or something like that.
And now he's doing exactly the same with Bitcoin and people
just simply think the same about him again.
It's really funny. So.
Exactly. That was the point, because he
knows that it's going up forever, Laura.
The off these perfected, the sound board.
All right everybody, let's get to the culture.
We got a lot to talk about today.
Let's check it out. The Daily Culture.
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All right guys, I want to tell you about the biggest Bitcoin
festival host, the Pacific Bitcoin Festival.
It's going to be October 5th through the 6th in Los Angeles,
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You don't want to miss it. It's super homey.
You get to see some of your favorite bitcoiners.
You get to just walk up to them, have a conversation with them.
I had had a had a chance to talk to Lynn Alden last year for like
20 minutes. It was so crazy.
I can't recommend this festival enough.
Check it out Pacific Bitcoin Festival.
You can use promo code for 21% off your tickets to Pacific
Bitcoin Festival. Anyways, Opti, what are we
talking about today, brother? Yeah, bro.
So we kind of got into it earlier, Bert.
We kind of touched on your rabbit hole journey, people like
that. So how about we just recap again
very quickly before we get into your business Again, I'm
butchering it. Bitcoin Brabant?
I believe so. He told us your Bitcoin journey.
How about Quick Recap and then we'll jump into what what you're
working on. Yeah, so quick recap is 2019
started to get to know a little bit about it, then wanted to
know everything about it. Which ended up also meaning that
I wanted to mine and mining was 2021.
And then last year natural gas prices exploded.
I'm one of the miners in the greenhouse took a video of it.
Half a million views and then I got a lot of requests to start
to hit businesses with minors and that's what I did throughout
last year. So I did 18 businesses last
year. And yeah, now I'm running a
Bitcoin business and that's full time.
And now it's more directing into reselling some of your US
products from Block Stream and Foundation Passports.
But that's because they're open source and people want to save
their Bitcoin when they mine. So that's something that I had
to add some value to. And yeah, that's what I'm doing
in the EU momentarily, yeah. Love it?
So let's plug Bitcoin Brabant. You already hit on what you do.
But again to recap for the audio listeners, what exactly is
Bitcoin Brabant? Yeah, so mostly mining.
So we help people with mining installations.
So if they want to heat their business or they want to do some
spare capacity mining, we have a lot of renewable in the
Netherlands and sometimes there's over capacity that they
can dump on the grid. So then we help people with a
proper installation which mines away the excess capacity or heat
a part of the business with miners.
And it's not possible to just put minors at the location here
because the tax on electricity is simply too high.
So you either need to use the heat or it needs to be accessed
in front of the meter, you know. So that's something that we
really do. And then apart from that we help
with some payments and then mostly we help with block string
jades and the passports with proper setups of storage, so
also outside of people that are not mining.
Love it. So you mentioned earlier, are
you using S nines mainly or are you using?
No. So we're using from bit main to
what's minor. It really depends on what the
client wants, what the timeline looks like, what the contracts
look like, how much electricity, how much heat.
So do we place boxes or not or do they build their own boxes to
dampen the sound or do we put sound dampening on it ourselves.
So I don't know if you can see it, but here is A/C Infinity
also coming from imported from the US.
So we have all kinds of different types that we can help
out with all custom custom for the customers.
Love it. I have one a couple particular
questions and if you don't want to get into the details, by all
means, but. I've been to the Netherlands
once when I was like 18. What is like the standard
weather out there and you mentioned the high energy cost.
What's the energy looking out over there?
Because we have heard that currently in Europe there is a
lot of energy concerns. Yeah.
So the most ridiculous part is for for home use they changed
the the text. So they they changed the text
from three cents a kWh last year to 12 cents a kWh this year.
And then there's also AVAT of 21% on the on the electricity.
So the electricity price is so high because of tax for the home
consumers, but for businesses this is totally different.
So if you run a large consuming business, you basically don't
pay any tax. So the the, the difference for
the plats who want to mine at home and the large companies,
it's it's very, very, yeah, there's a huge gap.
And what is the purpose of that tax?
Yeah, they want to finance the energy transition, of course.
So the amount of tax that's being put on electricity and
natural gas is just insane. And this is for the green stuff,
right? Yeah.
So we try to transition to wind and solar as quickly as
possible, and that requires a totally different grid.
But yeah, that needs also a lot of text, so they text it
ridiculously, yeah. That's crazy man.
Do you think? Is that like, is that transition
even viable? Cuz some people are saying it's
not possible. Yeah, of course everything is
possible. But what's the cost?
Yeah, and but the fun part of this is that mining fits in so
well, you know, So because we have such a large over capacity
now with wind and solar is that we get a lot of negative
electricity. So you get paid to use
electricity. So you just throw in an old S 9
and you just switch it on when the prices hit zero.
It's nice, you know, you can do that at home also, but you still
have the 12 cent tax, but prices go to minus $0.40 here
sometimes, you know, and then we we just pay millions to Germany
and Belgium just to take our electricity because we have so
much renewable generation sometimes and that is only going
up, it's. The expectation?
Love it. All right, so we got a question
in the chat by Dennis said. Please ask Burt to give us some
examples of how. This has worked worked out for
some how you implement it and so on into the businesses around
you. Yeah, so the greenhouse, so the
Bitcoin bloom greenhouse where the tulips are, that was the
easiest example. So they use a lot of
electricity, so they barely pay any tax on their electricity,
have a good contract which is stable.
So very low electricity price and they need heat year round.
So in the winter they need it to grow the tulips, and in the
summer they needed to dry the Tulip bulbs because they come
out of the land wet, you know. So yeah, this is the picture you
see. That's the greenhouse.
And we just have ASIC standing there pushing the heat either
through the bulbs in the summer or through the greenhouse, which
grows the flowers in the winter. And that makes a business case
very easily because we reduce natural gas which is really
expensive and electricity cost is really low because they are a
large consumer of electricity. So in this case, it was easy to
set up and we physically put the miners in the greenhouse as you
could see. And then monthly we cleaned the,
we cleaned the miners to make sure that they stay in perfect
condition because it's better to use immersion of course, but
then it becomes really expensive to run it.
So we chose to to keep it air. Wait, wait, wait, wait.
Bert, you're telling me that Bitcoin miners are not killing
the planet and they're not killing plants?
What's going on here? I heard a lot of propaganda
going the other way. It sounds like they're keeping
plants alive. Almost like they keep them
alive. Are you saying everybody's?
Asking where where the hush is, you know where are.
We getting the marijuana is growing.
And yeah, I believe, you know, in the Netherlands it's legal to
buy marijuana, but it's not legal to grow it.
We have a very weird country, you know, there's a lot of
things that are strange here. So for sure there's no one going
to publicly say that this is happening.
But yeah, of course these kind of things happen, you know
because they also need electricity and they need to
heat, heat plants and we do it with tulips and we did it with
hydrangea, but they went bankrupt the the, the
greenhouse. And that was because the natural
gas prices were so high and they still needed to use a lot of
natural gas. So they didn't make it as many
didn't. But the greenhouse who used
quite a lot of electric heat, they they surely survived
through the tulips and that's also partially we got of
Bitcoin. So it's it's nice to see these
implementations where you grow food also you know and that's
what I think is also coming up, we will see food growing.
Then I saw in New York, they are already heating a bath house.
So there's a lot of pools, community pools that have closed
down in the Netherlands because of the natural gas prices we are
looking at. Can we do something with mining
there? You know, because it actually
makes sense because the pool needs to be heated year round.
So these kind of locations are interesting and that's what we
hope to do. That's awesome.
We want to stay local, we want to stay in the Netherlands and
we want to show what Bitcoin can do in a positive way for the
community and the. Yeah, I love it.
That's really cool. Sounds like Bitcoin is keeping
plants alive. New York Times What?
What did you think? That that's the cherry on top.
What did you think of the New York Times article when you saw
it? Right?
Because from someone in your situation, right?
It's like, not only are you mining Bitcoin, but you're
actually using that Bitcoin to keep life alive, right?
So it's like it's completely counterintuitive to the
narrative that they're trying to portray.
Yeah. But you see that it's turning
and the narrative is turning. So I had a couple of mainstream
media coming to visit. So I had CNN over, so.
And decentralized. That's a little, Yeah.
It's a little documentary that was made.
I could present a little bit. And they were really asking
like, is this real? You know, what you're doing?
Is this real? You know, is this really heating
the green that they're really pushing it?
You know that. So they they Yeah, they.
It's like put your hand. Behind the ASIC.
Put your hand behind the ASIC. Yes, yeah.
I literally lifted. I literally lifted the presenter
in front of the ASIC because she couldn't reach it.
So it's a feeling but. She's like, yeah, yeah, it's
really, it's really hot. So, but it's yeah, it's it's
really nice to show and then they understand, you know, that
this is real what we are doing. This is not some fake thing and
it's really coming from the community like we are doing it
at small scale. We are doing this distributed
locations where it's actually optimal.
You know, we have solar that is in excess, We have cheap
electricity. We have that's the only place
where it makes sense. So and the more of these stories
that come live that, yeah, that's just very positive for
Bitcoin. So the New York Times can
publish whatever they want or they can change the picture a
little bit and but at some point truth comes out, you know, and
it in the end, Bitcoin will always be better for the
environment because it's against fractionally fractional reserve
banking, you know. So it just means that it's very
good for the environment anyway. Every euro in Bitcoin is much
better than in any other investment you could do, you
know. So but it's something that will
click at some point and it will take years for people to grasp
this. Yeah, and that had to been super
powerful too, Nico, if I remember correctly, and you have
better memory than me, was it Netherlands really fighting
Bitcoin mining and we were using that example constantly.
I think it was no. It was Norway.
Sorry, forgive me.
It's currently in Sweden. You know, So what they did in
Sweden is that they, they put a specific tax on the electricity
for Bitcoin mining, which they increased with 6000% or
something ridiculous. So most miners will most likely
move out of Sweden. And I think this is also the,
the, the danger, you know, for large scale mining, if a
government all of a sudden decides to kill you, they can.
But with distributed mining, you know, a lot of small businesses
and then all the whole miners, yeah, How are you going to stop
this? You know, you have to knock
every door and then check which computer is actually a minor.
I don't know how they're going to do it, but it's much more
difficult and actually the optimal locations here have to
be distributed. They will not necessarily be
centralized. And in Sweden this was the case,
you know, it was next to a hydro dam where you have excess
electricity. Yeah, and you know, it's
interesting too, because they try the same thing in Norway.
And the in the Norway to me was the smoking gun because.
The IT was like 98% or 99% of the electricity that the miners
were using was from socalled renewable energy sources in the
northern, in the northern part of the country where it no one
else is using that that power and they still tried to, they
still try to ban it, right? So that, to me, tells me that
this is a political motivation. Rather than a like an actual
concern for the electricity. Because it's like, you know, and
I think you're proving and I think that's why your projects
are so important because it's like it's it's not only saying
about it theoretically. It's actually like look guys
like here's here's what is actually happening.
You know, we will put that reporter's face inside or in
front of the ASIC heat. And you know they can't deny it
at that point. Anyways, everybody, let's let's
move on to the meme review. We got a lot of memes to review.
Let's check it out, the Daily Meme Review.
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Right. All right, you already know the
deal. This is the meme review.
Well you guys tag us in memes simply Bitcoin TV on Twitter or
you drop them in our telegram group.
T dot me slash simply Bitcoin tweet to the bullets memes of
the artillery. This is the lighthearted way to
end the show. Make sure you guys are
entertained. Make sure you're having fun.
Get the crowd involved with the show.
So tag us in the memes and and drop the tweet in our telegram
group. And I know I'm lagging a little
bit right now, so Yellow was literally pestering me before
the show. And he asked me to put this meme
on and and you know I don't fall into the peer pressure.
Nico, I usually would have told him to know.
Wait, wait, hold on. I have him.
No. But it is fitting.
So we're going to put we're going to put his meme on the
show today. This is yellow AKAICL offender 2
on Twitter. And since we did have sailor in
the news today. I I thought it was a good idea.
Here we go. Sailor NPC buying all the
Bitcoin? Bitcoin so yummy.
Gang. Gang.
Wait, wait. Yes, yes, yes.
Pause it. Pause it for.
A second. Pause it for a second.
Everyone's been waiting for this
moment. Oh yeah.
Wait, what was the?
PC. Stack sets.
Yes. Yes.
Gang. Gang.
Hmm. Spazzy Stack.
Set. Gang.
Gang.
I love Bitcoin.
Hmm. Cone.
All right, all right, all right. Yes, yes.
In cyberspace. Gang.
OK.
All right. Good.
OK, Bitcoin. So good.
Bitcoin so good. OK, here, let me get to the Real
meme review here guys. Uh, shouts out to Yellow.
He's. He's trolling off the NPC.
Off the NPC. Now, now, now my boys are gonna
gonna clip that and I'm never gonna live it down.
OK, all right, there's this next meme is by Toxic Bitcoiner, and
he tagged me in this. It was an old me or old tweet
that I put on here and someone said like in quote, you got
lucky here actually. Well, we'll do the we'll do the
meme first. So we have the, you know.
Worn out Wojack picture here and toxic bitcoiner and quote goes
You just got lucky bro. You heard about Bitcoin so long
ago bro. You don't deserve to not have to
work bro. All you did was huddle.
You're lazy. How hard is that?
If I heard about it when you did, I would have went all in
too bro. I would have held through too
bro. Besides, the government says
you're a terrorist now bro. And I saw this.
It was on my radar because someone quoted.
I didn't get lucky. I was right, and it's a tweet
that I did a while ago didn't get.
He studied Austrian economics. Let's go shuts out the toxic
bitcoiner. This next meme is by Brian
Lockhart, and in all caps he goes Bitcoin miners wondering
where all the ordinal tards have gone.
And he's got a chart here of the men pool.
And you can see. The the fees here, you know, 600
plus fees are per per transact. What's that per byte fees at
5.285 BTC. And I thought the Wizards broke
Bitcoin and we got the classic Wolverine picture where he's
reminiscing and he's in bed and he's looking for the 600 sad
fees. Oh man, what a what a crazy
time. OK, this next meme is by Maxie's
Club and it goes 478 Wales. And we got someone buying
Bitcoin from a Bitcoin ATM, and it's on a camera and it's
recording and it's a bitcoiner out there.
And it goes, Whale's watching me buy Bitcoin at discount, and he
sees that he's getting recorded and he winks at them and he
goes, thank you for the cheap Sats, really appreciate it.
Stay humble Stack sats. Stay solvent.
This is the way. Continue the stack.
Who cares what the price does? The only number that matters is
how many sats are under your control.
This next one is by Jose S BAM and it just goes hashtag Bitcoin
and I know you guys have solved the world coin memes going
around in the world coin news about people lining up to scan
their eyeballs for some shit coin and this is looking into
the 8 ball. The magic shiny 8 ball.
AKA the world coin Orb. And it goes laughing my ass off
you stupid fuck idiot. By Bitcoin.
That was his meme. All right, this next one is by
Cedor under score Ionic goes what year is it?
And we have a girl here like. And it goes when his address
starts with A1, starts with BC. Come on guys, don't use legacy
addresses. Anyways, this next meme is by
Greg ZAJ Uno. AKA Greg's all you want and he
goes, quote, I think I'd like to solve this one and it's a wheel
of fortune and you can see here it's, you know some letters and
it sounds like, what is it, what's the second best?
There is no second best and it's sailor down here smiling thing.
I think I'd like to solve this one because there is no second
best, OK. And this last one is by 21 JCLP
and he goes by Bitcoin to protect yourself and your
family. And it just goes bitcoiners.
And you can see this like Pixar picture here of a Bitcoin family
with the Bitcoin picture in the background.
And they look so sweet and they look so solvent and wealthy.
And this is the way guys continue to stack.
What's my boy Nick? Can't mind say.
I don't stack Sats for my first name, I stack Sats for my last
name. This is the way guys, this has
changed the course of not only your progeny but of humanity by
stacking sats. This is why I do what I do as
well. Anyways Nico or actually you
guys drop your beam review score over there on the other side of
everyone and we will cover it live.
I legitimately forgot to get a score but this was on the floor.
So silica jail packet. That I'm literally no, no, I'm
not going to say that because the memes are great.
All right, Nick, I go. What would you give, What would
you give? I'm, I'm, I'm going to pass it
on to Bert and then and then I'll go, I'm, I'm, I feel like
I'm going to be outflowered here.
Bert, what would you give those memes?
It's a good one. Yeah.
You you kicked off with the yellow one, that's.
Gang gang. I love Vic Light.
That's the 21, right? There we go.
All right. There's no second best.
Okay, that's a good score. That's a good score.
Are you ready? Are you ready for my score,
Opti? Dunces are done.
I'm gonna. Give an event, I'm gonna give an
event destroy. That's my score.
That's my score.
Nice.
OK, let me see.
I got a few. We got a few in here already,
Nikko. So let me pull them up.
I didn't check this. I can't.
Believe he's from your town. That is so fucking cool, dude.
I can't get over that. Oh man.
All right, first, first from Rave Elevator, one wrestler, Ric
Flair. Yell woo, woo.
All right, Opti, you should, you should, you should have done it.
All right. Next, score the P Man Man, me
picking up my dog's business from the New York Times with the
New York Times. Now that's environmentally
friendly. All right, Yeah.
Actually, let me read this one. Nico.
Neutered field score. Get a degree?
No. Get a real job.
No. Provide value to my fellow man.
Deaf. No.
Become a live action and BMPC and use the games to stacks
that. Oh, yeah, gang, gang.
I love Bitcoin. I love Bitcoin, Cohen.
So good. OK, All right.
All right. Go, Nico.
Your turn. Toddle coin.
I give the memes a corn emoji. Yum.
I love corn. You see?
I'm pretty good at it. Too healthy.
You're not the. You're not the only E girl here.
OK. All right.
I'm their favorite E girl. Bitcoin for Canadians?
I give those memes another great weekend of green candles.
OK, all right. And Elaine Bitcoiners find out
ESG is a control system even if the Bitcoin ESG FUD stops.
Some wisdom right there. All right, next one by Igor.
I give those memes the greatest rude footballer ever.
Gillett. Who is that?
You know who that is, Bert. Yeah, that's Gillett.
Yeah, just type in Gillett and then you will get some great
pictures of it. Okay, It's really.
A character, OK, I I'm gonna, I'm gonna.
I don't know how to spell that. There was actually a really nice
comment. Is he German?
Dutch. Don't be rude.
Forgive the chat, they get mighty sometimes.
This guy with the hair, He's crazy.
I know who this guy is. Isn't he amazing?
Yeah, definitely. Yeah, he's world famous.
Man, isn't he amazing? Yeah, yeah, this guy.
OK, let's pull him up. Little, little soccer break for
a second. There you go.
This is the guy. This is the man.
You. Guys don't know.
Nico loves soccer. All right, we'll see.
Hala, Madrid, OKI give the memes. 10,000 sats of government
declared terror. Vendisher was on Madrid.
All the stars are aligning today.
Mclovin meme score. Bitcoin is still on sale.
Stack harder. OKOK.
Very nice. UTXO I give the memes a silica
gel implant. Wait, wait.
One more. One more.
One more yellow. I give them an Opti polo shirt.
Oh, I think we need a top wine for for the merch.
Anyways, all right everybody, thank you so much for tuning
into another episode of Simply Bitcoin Live.
We appreciate y'all have an amazing weekend.
I want to give a very, very special shout out and thank you
so much Bert for coming on the show, telling your story.
What you do is incredibly important, and I applaud you for
making a business out of that man that is incredibly
inspiring, and I'm really glad that entrepreneurs like you are
on our side. Thanks guys, really nice.
And why don't you tell everyone? We popped up your handle, but
why don't you tell anyone for who's listening to the audio
version where they could find you on the interwebs?
Yeah, so at Boom Bitcoin, but also at Bitcoin Brabant and my
personal Twitter is a BDG Burt the Growth.
And then on Master of course at Burt BRT.
Awesome. Thanks, man.
Well, I really appreciate you joining us, bro.
I appreciate it guys. If you enjoyed the show, you
know what to do. Smash that like button.
And if you feel like we provided you value, consider subscribing.
But the number one thing you could do to help push the
peaceful Bitcoin revolution is share this content.
In fact, share all Bitcoin content.
Don't share share coin content. That's counterproductive.
We'll see you back on Monday, 12:15 PM Eastern Standard Time.
But if you want to join the after party, me and Opti are
going to be holding it down on Twitter Spaces, and hopefully
Bert could join us until 2:00 PM Eastern Standard Time.
So about 40 minutes. It's going to be a lot of fun
and you can find us on there. All right, guys, I will see you
later. Peace out, everybody.
Hold on, hold on. I got a special special message
for you guys in the YouTube chat,
yo. Man, I'm never gonna live down.
I shouldn't have done the MPC Bitcoin meme, and I'm never
gonna live that down. It's gonna follow me forever.
It's gonna haunt me for the rest of.