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It's. 
All going to zero against 

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Bitcoin. 
It's going on forever. 

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You're against Bitcoin. 
You're against freedom, yo. 

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Welcome to Simbu Bitcoin Live 
here. 

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Number one resource for the 
peaceful Bitcoin revolution. 

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Cover breaking news called 
Traumatic Warfare. 

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We'll be your guide through the 
separation of money in state. 

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Ladies and gentlemen, welcome to
Simply Bitcoin. 

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The most watched daily Bitcoin 
live show on YouTube. 

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Rumble and X. 
Sit back, relax, enjoy the ride.

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We have a lot to talk about 
today. 

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Lots to lots to analyze, lots to
unpack. 

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Jack Dorsey's block is adding 
more Bitcoin to their balance 

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sheet. 
I think this is setting a road 

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map for other companies. 
They're putting 10% of their 

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profits into Bitcoin at the. 
I think it's at the end of every

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quarter. 
And of course every company that

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adopts a Bitcoin strategy or 
adopts some type of a Bitcoin 

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standard has a major competitive
advantage. 

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They have a cheat code against 
other companies. 

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That's why it was a huge deal 
when the second largest bank in 

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Europe announced yesterday they 
they made a very small purchase.

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It was like $40,000. 
They bought $40,000 worth of the

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BlackRock iShares ET Bitcoin 
ETF, but still number go up, 

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it's going to do its thing and 
then market incentives, you 

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know, will take care of the 
rest. 

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So definitely making progress in
that sense. 

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And the other thing that I 
wanted to talk about today as 

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well and really break it down is
this gentleman called Jared 

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Bernstein. 
There's a video of him that's 

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going absolutely viral on on 
Bitcoin Twitter. 

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I believe it's a, it's a clip 
from a, a, a, a, a, a movie of 

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some sort. 
But anyways, he is the chief 

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economist and economic visor to 
He was the chief economist and 

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economic visor to Vice President
Joe Biden in the Obama 

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administration. 
And now he's currently the chair

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of the United States Council of 
Economic Affairs economic 

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Advisors. 
Anyways, in this clip, he kind 

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of fumbles. 
And he he he's like, I don't 

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know, like we just print money 
and he can't explain it. 

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He can't justify it. 
And a lot of bitcoiners are 

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saying, like, look like these 
people have no idea what they're

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doing. 
I'm gonna make the case that 

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they know exactly why they're 
doing. 

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Why am I saying that? 
Because he is part of the 

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Council of Economic Advisors, 
and they're the ones that are 

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responsible for writing the 
annual Presidential Economic 

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Report. 
We've covered that report. 

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That report in 2023 dedicated 20
pages, making the case as to why

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central bank digital currencies 
are necessary and making the 

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case against Bitcoin. 
So you know, it's it's a lot 

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easier to play dumb. 
Like we have it, we even have a 

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saying in Spanish for it, which 
is like ACT El Pendejo, which 

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basically means like act dumb, 
be stupid. 

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And you can get away with a lot 
of things when you act dumb and 

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you pretend like you don't know 
what you're talking about. 

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So we're going to break it down 
and just kind of make the case 

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for you guys. 
Also, Coinbase finally launched 

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their Lightning integration and 
as much as you guys dislike 

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Coinbase and they are an altcoin
casino, totally agree with that 

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you should be using Bitcoin on 
RAMPS. 

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You know the fact is that they 
have a massive user base, right?

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So the fact that they're 
integrating Lightning I think is

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a big win for the Bitcoin 
Lightning Network. 

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It's a big win for more people 
using Lightning Network, for 

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more people using Bitcoin. 
And I understand a lot of you 

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guys feel a certain way about 
Coinbase and it's totally 

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understandable, but that's the 
reality, like Coinbase is user 

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base is absolutely massive. 
So anyways, it's going to be a 

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great show everybody, so buckle 
up and enjoy the ride. 

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Anyways, I do want to bring a 
legendary Co host who's always 

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optimistic. 
He's currently modeling the 

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simply Bitcoin merch, the 
Peaceful Bitcoin Revolution 

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shirt. 
You can scan the QR code on your

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screen, or you can check the 
link in the video description 

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and it will take you directly to
simplybitcoin.com where you can 

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get yourself a peaceful Bitcoin 
Revolution shirt. 

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We also got dad hats, snapbacks,
all that stuff doing Opti. 

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What's up, bro? 
Man, I'm doing great. 

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It's a great Friday. 
And yeah man, just lifes, good 

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Lifes, good on the Bitcoin 
standard. 

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But there is 2 things I want to 
hit on. 

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First and foremost, you know, I 
really understand the the 

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economic advisor guys. 
What's his name? 

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Bernstein. 
You know, acting stupid. 

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That's my whole shit, guys. 
I just act stupid and look at 

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you guys. 
You love it. 

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It's amazing. 
Matt, there was one other thing 

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I wanted to say, but I 
completely forgot already. 

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It's just a Good Friday. 
Everything's great. 

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Let's let's bring up our guests,
because we are. 

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We're already having a spicy 
conversation before the show. 

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We probably can't say half the 
stuff we were saying live on 

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it's. 
Hard. 

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But hey, yeah, we're being very 
good here, Very good here. 

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What are you talking about? 
Dude, we got the legendary Alex 

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Stanzik and Shane Hazel. 
Good to have you guys. 

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How you guys doing this morning?
Awesome man. 

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Good to be here, you. 
Guys. 

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Yeah, well let's go. 
I'm excited cuz we're gonna talk

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about one of my favorite 
projects in Bitcoin recently and

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I've seen Alex go through the 
motions. 

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You know, you guys created this,
Shane, all of you guys and you 

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guys created the Bitcoin 
veterans, right? 

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You guys have a podcast, You 
guys are inviting incredible 

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guests. 
But more importantly, the way 

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that I see it is the community 
that you guys are fostering and 

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the amount of interest that you 
guys are seeing, you know, 

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nationwide on all these 
veterans, armed veterans that 

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love Bitcoin. 
So you know, that's that's 

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absolutely awesome. 
So, you know, if you guys could 

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give like a quick elevator 
pitch, what is Bitcoin veterans,

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you know what it's about? 
Can anyone join Alex Shane? 

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Yeah, I'll, I'll jump in on 
that. 

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So Shane and I started this on 
Twitter some time ago. 

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We're like, hey, we should 
maybe, you know, make a group 

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that we could talk to each other
on Twitter. 

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We opened up that group. 
Next thing you know, within like

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48 hours we hit the limits on it
in terms of how many people we 

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could have. 
And we're like, oh crap, we need

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a bigger boat maybe. 
And then let's let's start this 

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thing up on Signal. 
Started adding channels where 

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people could come and talk and 
it's really blown up since then,

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I think we've doing it, been 
doing it not quite a year, 

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something like 8 months or 
something like that, but we're 

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already approaching close to 500
people in our different chat 

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groups. 
It's exploding. 

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We had no idea there were this 
many veterans in Bitcoin, but 

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really apparently all it took 
was somebody planting a flag, 

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going boom, we're here, let's 
get together, let's talk. 

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And it's an amazing thing. 
So our vision for this thing is 

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basically Bitcoin veterans is 
here to help warriors find 

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purpose, develop leaders, create
communities, extended support 

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networks. 
We want to inspire veterans to 

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continue to learn, grow, become 
better men by sharpening each 

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other, getting around a bunch of
dudes that are not going to put 

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up with any bullshit. 
They're not going to, they're 

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not going to buy your weenie ass
excuses. 

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It's going to just be like 
straight up, like, you know, 

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hey, this is the deal and if you
need to improve, it becomes 

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pretty obvious. 
We don't even need to say 

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anything. 
Like this is what I've noticed. 

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All the guys who get around it, 
they just start getting better, 

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man. 
They do it with the they, they 

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look at their own. 
They take stock of themselves 

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and like, all right, I need to 
fix this. 

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Maybe I'm too fucking fat and I 
need to get start working out 

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again. 
Or maybe I need to improve this 

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thing over here in my life or 
whatever the case may be. 

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Am I allowed to say that word on
your show? 

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I'd already did. 
So, yes. 

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So like, yeah. 
And then like the rest of it is 

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we want to empower leaders to 
basically integrate and 

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strengthen resilience in their 
local communities. 

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And it's we're also real big on 
renewing the bonds of honor and 

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respect among each other and 
amongst men. 

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Anybody can get involved. 
You don't have to be just a 

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veteran to get involved. 
You got first responders, law 

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enforcement guys, firefighters. 
And we also have a completely, 

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we have what we call a civilian 
division that things blowing up 

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too. 
So reach out to us. 

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Yeah, dude, that. 
That's absolutely awesome, dude.

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Shane, do you want to chime in? 
Yeah, I I think there's, you 

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know, there's a kind of this 
mysticism around military life, 

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I think, from a lot of people 
that we're never in. 

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I think a lot of people just 
think that everybody's like, 

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hey, this bloodthirsty combat. 
And I'm not saying everybody 

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obviously in in the South, 
everybody's like, Oh yeah, But 

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the the idea that a lot of these
guys had signed up in the 

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beginning because they wanted to
go off to war or they wanted to 

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go and and and kill people or, 
you know, take over countries or

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do any of this really sinister, 
terrible stuff, we like to try 

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to dispel that right up front. 
Most of these guys that, you 

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know, we're in were first of 
all, not combatants. 

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You know, first and foremost. 
The second side of that is, is 

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even the combatants that do go 
in, they're not, you know, 99.9 

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something percent of them are 
not going in to be these these 

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war mongers. 
They they really sign up because

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of a sense of of pride, of 
protection. 

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They love the idea of America. 
They love the idea of freedom, 

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self sovereignty, the, you know,
the American dream. 

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Being able to own your own house
and have a, you know, wife and 

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kids and all these things and 
and basically you know, make 

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make a living for yourself and 
really hurt nobody at the end of

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the day. 
And. 

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And that's what they went off to
protect. 

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You know, when they signed that 
dotted line. 

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Yeah, obviously that gets 
perverted along the line 

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somewhere, whether it was in the
indoctrination courses that we, 

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you know, got forced into at 
five years old until we 

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graduated. 
Some of us went on for, you 

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know, higher indoctrination and 
in colleges where you see a 

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bunch of, you know, the the 
Marxism and everybody else, same

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here, Opti. 
And you really start to see that

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perversion where they twist that
love for your fellow man into 

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this, you know, you know, 
channel that well, hey, we're 

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going to go overseas and we're 
going to start othering people, 

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We're going to start taking over
their country. 

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This is what we're telling you 
we're going over here for. 

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And then you get over there and 
you actually see what you're 

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there for. 
And it's obviously the MIC, it's

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the banks, It's all these, you 
know, ridiculous politicians 

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that are out there that you 
know, benefit from a Fiat 

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system. 
And when you see it, you can't 

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help but go, maybe this isn't 
for me. 

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Maybe I I I recognize the the 
bill of goods that I was sold. 

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And it's absolutely fake and and
perverse. 

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And at that point, you know, 
guys come back and a lot of 

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times they are, they're, they're
not the same guys, first and 

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foremost. 
You know, a piece of them maybe,

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you know, stayed over there, 
maybe part of their soul, things

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that they're going to deal with 
the rest of their life. 

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And they start looking at, you 
know, their their life here in 

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America as, you know, a little 
more, you know, nihilistic. 

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And, you know, we're going to 
have to fight our way out of 

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this and, you know, you know, 
blood and guts again and all 

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that fun stuff. 
And you're like, no guys, hey, 

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listen, let me tell you about 
this Bitcoin Standard thing that

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that we're we're rocking over 
here. 

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There is a lot of hope. 
There is an amazing amount of 

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minds over here that is just 
absolutely aligned with the 

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ideas of America. 
You know, this, this freedom, 

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this putting the individual 
first before you know that you 

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00:11:04,960 --> 00:11:08,080
know the rest of society. 
And so to help introduce people 

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and and guys that had just, you 
know, so much love for this 

226
00:11:12,120 --> 00:11:15,560
country and their fellow man 
back into this passion, this, 

227
00:11:15,560 --> 00:11:18,800
this mission that is, you know, 
the American idea of freedom. 

228
00:11:19,240 --> 00:11:20,960
It's it's a hell of a thing to 
be a part of. 

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00:11:20,960 --> 00:11:22,920
And you know, like Alex was 
saying, you know not only are 

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00:11:22,920 --> 00:11:26,360
we, you know across you know the
the United States, but you know 

231
00:11:26,360 --> 00:11:28,960
we we've got a in an 
international footprint now. 

232
00:11:29,280 --> 00:11:33,000
And there are guys from all over
the place that are not only 

233
00:11:33,120 --> 00:11:36,880
looking for this, but they are 
gravitating towards it and they 

234
00:11:36,880 --> 00:11:40,080
fix themselves because of what 
they see and it's an amazing 

235
00:11:40,160 --> 00:11:42,080
example to be a part of. 
I love that, man. 

236
00:11:42,120 --> 00:11:43,560
I love that. 
Wait, wait, the chat says. 

237
00:11:43,560 --> 00:11:47,880
We need some. 
And then also Anika. 

238
00:11:48,480 --> 00:11:50,080
Go on, go on. 
Sorry, we got a super chat 

239
00:11:50,080 --> 00:11:52,120
though, but go on. 
Quick super chat. 

240
00:11:52,120 --> 00:11:55,000
Thank you John for the $20. 
The info and knowledge you guys 

241
00:11:55,000 --> 00:11:57,600
provide every day is priceless. 
You all will be our future 

242
00:11:57,600 --> 00:11:59,360
leaders. 
I appreciate that and I'm trying

243
00:11:59,360 --> 00:12:03,480
to be just trying to tell you 
guys the news and make content 

244
00:12:03,480 --> 00:12:05,080
for you guys, but I really 
appreciate that. 

245
00:12:05,080 --> 00:12:05,640
Thank you. 
We're. 

246
00:12:06,160 --> 00:12:07,720
The future leaders, we got 
problems. 

247
00:12:09,560 --> 00:12:13,480
No, I mean I'm not. 
I mean like bro, like I'm I I 

248
00:12:13,480 --> 00:12:15,680
really believe in the theory of 
the sovereign individual bro 

249
00:12:15,680 --> 00:12:18,560
where Bitcoin makes politics 
irrelevant. 

250
00:12:18,760 --> 00:12:22,440
You know and let let the let 
meritocracy take hold. 

251
00:12:22,440 --> 00:12:26,560
Let the entrepreneurs Dr. 
society rather than politicians.

252
00:12:26,560 --> 00:12:29,320
That that's where my head's at 
anyways. 

253
00:12:29,560 --> 00:12:31,360
Maybe that's an extremist point 
of view but that's what I 

254
00:12:31,360 --> 00:12:32,800
believe. 
Anyways, going back to Shane's 

255
00:12:32,800 --> 00:12:34,400
point before we jump into the 
numbers. 

256
00:12:34,920 --> 00:12:38,680
Yeah, dude, I I, you know these 
these these veterans, man, they 

257
00:12:38,680 --> 00:12:40,480
they you know they serve their 
country. 

258
00:12:41,480 --> 00:12:44,520
You know war is hell. 
They they experienced things 

259
00:12:44,520 --> 00:12:49,320
that people can't even imagine 
and they come back and and it's 

260
00:12:49,320 --> 00:12:52,760
like they're on a Fiat standard 
which like it like it 

261
00:12:53,120 --> 00:12:58,240
exacerbates you know the the 
already kind of you know 

262
00:12:58,520 --> 00:13:01,520
potentially vulnerable state 
that they're in and I it's 

263
00:13:01,600 --> 00:13:04,320
exactly what you said Bitcoin 
provides that hope Bitcoin 

264
00:13:04,640 --> 00:13:10,040
provides this way forward to 
really not only heal America but

265
00:13:10,040 --> 00:13:13,480
like heal the world really and 
and and it you know and it's 

266
00:13:13,480 --> 00:13:16,040
it's I'm gonna I'm gonna steal 
your line Alex. 

267
00:13:16,680 --> 00:13:19,840
It gives people a new found 
mission right? 

268
00:13:19,840 --> 00:13:23,960
Like a new found purpose. 
And all you got to do to be a a 

269
00:13:23,960 --> 00:13:27,920
part of that is you know take 
Bitcoin into self custody and 

270
00:13:28,120 --> 00:13:30,640
your you know your revolutionary
fighting freedom right. 

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00:13:30,960 --> 00:13:32,320
Anyways, it's gonna be a great 
show. 

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00:13:32,320 --> 00:13:37,120
I can't wait lots to unpack. 
It is Friday so last time I 

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00:13:37,120 --> 00:13:41,120
tried to take out the meme 
review but Opti yelled at me and

274
00:13:41,120 --> 00:13:43,280
it seems like he the show did 
well. 

275
00:13:43,280 --> 00:13:44,880
So you guys appreciate it. 
So we're. 

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00:13:44,880 --> 00:13:47,000
Gonna do the meme, show long 
size and show it. 

277
00:13:47,000 --> 00:13:49,640
Is a long Friday show, but it 
seems like you guys enjoy the 

278
00:13:49,640 --> 00:13:51,600
meme review, so we're definitely
gonna do it. 

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00:13:52,000 --> 00:13:53,680
Anyways. 
Ladies and gentlemen, before we 

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00:13:53,680 --> 00:13:56,600
jump to the show, I do want to 
give a very special shout out to

281
00:13:56,600 --> 00:14:00,040
our lead sponsor, the Bitcoin 
company that powers simply 

282
00:14:00,040 --> 00:14:02,800
Bitcoin. 
And of course I'm talking about 

283
00:14:02,800 --> 00:14:04,800
Bitcoin. 
Well, Bitcoin well is the best 

284
00:14:04,800 --> 00:14:08,160
place to build your automatic 
self custody Bitcoin stack. 

285
00:14:08,160 --> 00:14:10,640
It is self custody by default. 
Future proof? 

286
00:14:10,640 --> 00:14:11,880
Your money. 
What does that mean? 

287
00:14:11,880 --> 00:14:13,920
That means that you can't buy 
Bitcoin on Bitcoin. 

288
00:14:13,920 --> 00:14:16,640
Well, unless you're going to 
take self custody. 

289
00:14:16,760 --> 00:14:19,800
Self custody is the revolution 
which perfectly aligns with the 

290
00:14:19,800 --> 00:14:23,520
simply Bitcoin ethos of the 
separation of money in state. 

291
00:14:23,520 --> 00:14:25,960
It's a publicly traded company 
coming out of Canada that 

292
00:14:25,960 --> 00:14:28,720
recently expanded to all 50 U.S.
states. 

293
00:14:28,920 --> 00:14:32,880
Go to bitcoinwell.com/simply to 
get started today. 

294
00:14:33,000 --> 00:14:35,280
Also, you're a Canadian customer
of Bitcoin. 

295
00:14:35,280 --> 00:14:38,520
Well, they recently announced 
the the cash vouchers now 

296
00:14:38,520 --> 00:14:41,280
available to light accounts in 
the Bitcoin portal. 

297
00:14:41,560 --> 00:14:44,120
Canadian customers can now buy 
Bitcoin with a Bitcoin Well 

298
00:14:44,120 --> 00:14:47,720
account using cash vouchers, a 
payment rail designed to safely 

299
00:14:47,720 --> 00:14:50,880
eliminate barriers to first time
Bitcoin. 

300
00:14:50,880 --> 00:14:54,360
Well, customers guys support 
self custody by default. 

301
00:14:54,360 --> 00:14:58,240
Bitcoin on RAMPS Go to 
bitcoinwell.com/simply and get 

302
00:14:58,240 --> 00:15:00,160
started today. 
All right everybody, let's hit 

303
00:15:00,160 --> 00:15:03,920
the numbers. 
The Bitcoin numbers. 

304
00:15:04,360 --> 00:15:07,120
Is your Bitcoin and cold storage
really secure? 

305
00:15:07,280 --> 00:15:09,800
Is your seed phrase really 
secure? 

306
00:15:09,920 --> 00:15:11,520
Stamp seeds? 
Do it yourself. 

307
00:15:11,520 --> 00:15:15,240
Kit has everything you need to 
hammer your seed words into 

308
00:15:15,240 --> 00:15:19,480
commercial grade titanium plates
instead of just writing them on 

309
00:15:19,480 --> 00:15:22,280
paper. 
Don't store your generational 

310
00:15:22,280 --> 00:15:25,560
wealth on paper. 
Papers prone to water damage, 

311
00:15:25,560 --> 00:15:27,560
fire damage. 
You want to put your 

312
00:15:27,560 --> 00:15:30,640
generational wealth on one of 
the strongest metals on planet 

313
00:15:30,640 --> 00:15:33,480
earth, Titanium. 
Your words are actually stamped 

314
00:15:33,480 --> 00:15:37,040
into this metal plate with this 
hammer and these letter stamps. 

315
00:15:37,080 --> 00:15:39,600
And once your words are in, they
aren't going anywhere. 

316
00:15:39,680 --> 00:15:43,320
No risk of the plate breaking 
apart and pieces falling 

317
00:15:43,320 --> 00:15:45,760
everywhere. 
Titanium stamp seeds will 

318
00:15:45,760 --> 00:15:48,720
survive nearly triple the heat 
produced by a house fire. 

319
00:15:48,720 --> 00:15:51,880
They're also crush proof, 
waterproof, non corrosive, and 

320
00:15:51,880 --> 00:15:54,120
time proof. 
All things that paper is not 

321
00:15:54,160 --> 00:15:57,360
allowing you to huddle your 
Bitcoin with Peace of Mind for 

322
00:15:57,440 --> 00:16:00,840
the long haul. 
Stamp your seed on stamp, seed. 

323
00:16:01,560 --> 00:16:03,360
All right guys, That made it 
incredibly easy for you guys. 

324
00:16:03,360 --> 00:16:06,000
You could scan the QR code on 
your screen right now. 

325
00:16:06,000 --> 00:16:08,160
It'll take you directly to the 
Stamp seed website where you can

326
00:16:08,160 --> 00:16:10,600
use promo code. 
Simply get 15% off. 

327
00:16:11,040 --> 00:16:13,760
Stamp your generational wealth 
on titanium. 

328
00:16:14,120 --> 00:16:15,800
Don't put it on paper. 
You don't want to have that 

329
00:16:15,800 --> 00:16:17,640
conversation with your 
grandchildren, your children 

330
00:16:17,640 --> 00:16:19,520
that that would suck. 
Like, could you imagine that? 

331
00:16:19,760 --> 00:16:22,960
Like grandpa? 
Like that Bitcoin. 

332
00:16:22,960 --> 00:16:26,720
Did you stack it? 
No, I lost it because I stored 

333
00:16:26,720 --> 00:16:28,640
it on paper. 
Don't be that guy. 

334
00:16:28,800 --> 00:16:31,320
Stamp it on titanium. 
At the time of recording, the 

335
00:16:31,320 --> 00:16:37,200
Bitcoin price is 61,990 block 
height, 841,935 SAT's per 

336
00:16:37,200 --> 00:16:44,040
dollar, 1613 Market cap 1.22 
trillion Bitcoin price in gold 

337
00:16:44,040 --> 00:16:49,280
27.1 oz Bitcoin versus gold 
market cap 7.75% Percentage 

338
00:16:49,280 --> 00:16:53,240
issued, 93.77 decline from all 
time high. 

339
00:16:53,480 --> 00:16:55,560
Currently if you buy Bitcoin 
right now you'll get it at a 

340
00:16:55,560 --> 00:17:00,640
15.9% discount forward monetary 
inflation .85%. 

341
00:17:00,640 --> 00:17:03,760
It's dude like we're literally 
taking Fiat currencies to 

342
00:17:03,760 --> 00:17:06,160
absolute school. 
Realized monetary inflation 

343
00:17:06,160 --> 00:17:08,480
1.7%. 
Even if they get it back to the 

344
00:17:08,480 --> 00:17:11,160
2% number, Bitcoin is still 
effing them up. 

345
00:17:11,160 --> 00:17:13,920
And with the having four years 
from now, it's going to continue

346
00:17:13,920 --> 00:17:18,040
to F them up forever anyways. 
So I do want to play this video.

347
00:17:18,040 --> 00:17:22,280
It went absolutely viral this 
morning I believe it's I think 

348
00:17:22,280 --> 00:17:27,920
it's from a film so credit to 
these guys so finding the money 

349
00:17:27,920 --> 00:17:31,240
film in theaters on demand May 
3rd. 

350
00:17:31,240 --> 00:17:33,800
So shout out oh I I wanna 
definitely wanna buy this if 

351
00:17:33,800 --> 00:17:36,920
it's out now. 
So so definitely go check out 

352
00:17:36,920 --> 00:17:40,440
this film guys. 
It's a clip from the film, but 

353
00:17:40,720 --> 00:17:45,200
check this out because, I mean, 
I'll let you guys be the judge. 

354
00:17:46,680 --> 00:17:49,720
The US government can't go 
bankrupt because we can print 

355
00:17:49,920 --> 00:17:53,240
our own money. 
It obviously begs the question, 

356
00:17:53,280 --> 00:17:55,880
why exactly are we borrowing in 
a currency that we print 

357
00:17:55,880 --> 00:17:58,840
ourselves? 
I'm waiting for someone to stand

358
00:17:58,840 --> 00:18:02,680
up and say why don't we borrow 
our own currency in the first 

359
00:18:02,680 --> 00:18:05,760
place? 
Like you said, they print the 

360
00:18:05,760 --> 00:18:08,000
dollar, so why? 
Why does the government even 

361
00:18:08,280 --> 00:18:09,840
borrow? 
Well, the so. 

362
00:18:12,120 --> 00:18:20,280
The I mean, again, some of this 
stuff gets some of the language 

363
00:18:20,280 --> 00:18:22,560
that the MMM, some of the 
language and concepts are just 

364
00:18:22,560 --> 00:18:24,640
confusing. 
I mean the government definitely

365
00:18:24,640 --> 00:18:28,120
prints money and it definitely 
lends that money, which is why 

366
00:18:28,600 --> 00:18:31,640
the government definitely prints
money and then it lends that 

367
00:18:31,640 --> 00:18:35,560
money by by selling bonds. 
Is that what they do? 

368
00:18:36,680 --> 00:18:37,480
They. 
They. 

369
00:18:38,920 --> 00:18:41,440
They, yeah. 
They, they, they. 

370
00:18:41,600 --> 00:18:44,880
Before I continue, guys, this is
the chair of the Council of 

371
00:18:44,880 --> 00:18:47,640
Economic Advisers to President 
Joe Biden. 

372
00:18:48,360 --> 00:18:50,680
Sell bonds. 
Yeah, they sell bonds, right? 

373
00:18:50,720 --> 00:18:53,040
Since they sell bonds and people
buy the bonds and lend them the 

374
00:18:53,040 --> 00:18:53,720
money. 
Yeah. 

375
00:18:53,960 --> 00:18:58,000
So a lot of times. 
A lot of times, at least in my 

376
00:18:58,000 --> 00:19:01,560
ear with MMT, the the language 
and the concepts can be kind of 

377
00:19:01,560 --> 00:19:04,200
unnecessarily confusing. 
But there is no question that 

378
00:19:04,200 --> 00:19:08,040
the government prints money and 
then it uses that money to. 

379
00:19:12,640 --> 00:19:16,960
So yeah, I I guess I'm just, I 
don't I can't really talk. 

380
00:19:16,960 --> 00:19:18,880
I don't, I don't get it. 
I don't know what they're 

381
00:19:18,880 --> 00:19:23,960
talking about like because it's 
like the government clearly 

382
00:19:23,960 --> 00:19:27,440
prints money, does it all the 
time and it clearly borrows 

383
00:19:27,720 --> 00:19:29,440
otherwise we wouldn't be having 
this debt and deficit 

384
00:19:29,440 --> 00:19:31,720
conversation. 
So I don't think there's 

385
00:19:31,720 --> 00:19:36,320
anything confusing there. 
I mean like again if this. 

386
00:19:36,400 --> 00:19:37,960
I love the background music. 
Sorry, Nikos. 

387
00:19:38,120 --> 00:19:39,640
Background music was great. 
No. 

388
00:19:39,640 --> 00:19:43,840
And and and for dramatic effect.
If if this was just some person 

389
00:19:43,840 --> 00:19:46,040
off the street and they would 
say that response, you would 

390
00:19:46,040 --> 00:19:51,840
say, OK, you know, that's fine. 
But this was the chief economist

391
00:19:51,840 --> 00:19:55,000
and an economic advisor to Vice 
President Joe Biden, the Obama 

392
00:19:55,000 --> 00:19:57,960
administration, and now 
currently he's the chair of the 

393
00:19:57,960 --> 00:20:00,080
United States Council of 
Economic Advisors. 

394
00:20:00,640 --> 00:20:02,640
He also said something during 
that video that was really 

395
00:20:02,640 --> 00:20:04,920
interesting. 
He said, yeah, you know, 

396
00:20:05,120 --> 00:20:07,400
Treasury issues bonds and people
buy them. 

397
00:20:07,400 --> 00:20:10,680
Listen, there is no sovereign 
wealth fund or country on earth 

398
00:20:11,000 --> 00:20:15,400
that has the money to buy the 
amount of bonds the Treasury's 

399
00:20:15,400 --> 00:20:17,200
issuing. 
You know who's buying them? 

400
00:20:17,200 --> 00:20:19,400
The Federal Reserve themselves. 
Right. 

401
00:20:19,640 --> 00:20:21,720
So, like, again, it it's like 
it. 

402
00:20:21,720 --> 00:20:27,840
But most people don't know this.
And honestly, I don't like, you 

403
00:20:27,840 --> 00:20:31,720
can't say this person's dumb. 
He went to Columbia University, 

404
00:20:31,960 --> 00:20:34,320
right. 
He had a he's a doctorate, 

405
00:20:34,520 --> 00:20:36,120
right. 
You can't say he's dumb. 

406
00:20:36,560 --> 00:20:39,600
You you don't become the chief 
economist and economic advisor 

407
00:20:39,600 --> 00:20:41,960
device. 
I mean, depends on who you're 

408
00:20:41,960 --> 00:20:43,480
asking. 
But you can't. 

409
00:20:44,200 --> 00:20:46,160
You can't say he's he's not 
intelligent. 

410
00:20:46,240 --> 00:20:48,040
You can't say he's not a capable
person. 

411
00:20:48,640 --> 00:20:51,160
I will make the case that I 
believe it's a little bit more 

412
00:20:51,160 --> 00:20:54,720
sinister than this. 
And the reason for that is 

413
00:20:54,720 --> 00:20:57,440
specifically, and when I saw 
that, when I discovered that 

414
00:20:57,440 --> 00:21:00,000
this morning when I was doing 
research for the show, my jaw 

415
00:21:00,000 --> 00:21:02,440
dropped. 
So what is the Council of 

416
00:21:02,440 --> 00:21:05,480
Economic Advisors? 
So the Council of Economic 

417
00:21:05,480 --> 00:21:11,480
Advisors writes the says, is is 
a United States agency within 

418
00:21:11,480 --> 00:21:14,520
the Executive Office of the 
President, which advises the 

419
00:21:14,520 --> 00:21:16,800
President of the United States 
on economic policy. 

420
00:21:17,240 --> 00:21:20,840
The CEA provides much of the 
empirical research for the White

421
00:21:20,840 --> 00:21:25,000
House and prepares the publicly 
available annual Economic report

422
00:21:25,040 --> 00:21:27,920
of the President. 
Now we covered one of these 

423
00:21:27,920 --> 00:21:32,880
economic reports when they came 
out last year because in one of 

424
00:21:32,880 --> 00:21:36,120
those economic reports you know 
what they did, they attacked 

425
00:21:36,160 --> 00:21:39,760
Bitcoin and you know what they 
promoted, they promoted central 

426
00:21:39,760 --> 00:21:44,120
bank digital currencies. 
And this report was very, very 

427
00:21:44,160 --> 00:21:48,480
well written. 
So again like I, I, I I'm sorry 

428
00:21:48,480 --> 00:21:51,520
if I don't like his answers or 
just like non answers like I 

429
00:21:51,520 --> 00:21:54,040
like I don't know what they do, 
like they borrow the money. 

430
00:21:54,040 --> 00:21:56,120
Like it it it's it's almost 
feels a little bit like a 

431
00:21:56,120 --> 00:21:59,400
deflection. 
And in this report they 

432
00:21:59,400 --> 00:22:04,840
dedicated 20 entire pages, 
basically making the case for 

433
00:22:04,840 --> 00:22:11,680
central banks, making the case 
for Fiat money, making the case 

434
00:22:11,720 --> 00:22:14,920
for central bank digital 
currencies and criticizing 

435
00:22:14,920 --> 00:22:17,240
Bitcoin, saying Bitcoin can't be
money. 

436
00:22:17,240 --> 00:22:20,240
Well it's apparently money when 
it's convenient to the law 

437
00:22:20,240 --> 00:22:23,000
enforcement, right? 
But anyways, I kind of want to 

438
00:22:23,000 --> 00:22:26,440
read you a little bit of the 
beginning of this report that 

439
00:22:26,440 --> 00:22:29,520
came out was released last year.
And by the way it came out of 

440
00:22:29,600 --> 00:22:32,520
this guy's office who just did 
that video that that that 

441
00:22:32,520 --> 00:22:34,880
interview came out of his 
office, right? 

442
00:22:35,160 --> 00:22:38,200
So anyways, it goes on to say 
the name of the chapter is 

443
00:22:38,200 --> 00:22:40,320
Digital Assets Relearning 
Economic Principles. 

444
00:22:40,520 --> 00:22:43,720
Multiple financial crisis crisis
have have struck the United 

445
00:22:43,720 --> 00:22:45,320
States during the last two 
centuries. 

446
00:22:45,640 --> 00:22:49,000
Most of these crisis have been 
caused by institutions that 

447
00:22:49,000 --> 00:22:51,760
function like banks but are not 
registered or regulated as 

448
00:22:51,760 --> 00:22:56,120
banks, so-called shadow banks. 
For example, the 1907 crisis, 

449
00:22:56,320 --> 00:22:58,880
then called the panic, was 
mainly caused by trust 

450
00:22:58,880 --> 00:23:01,640
companies, which were state 
charted entities that competed 

451
00:23:01,640 --> 00:23:04,480
with banks for deposits. 
Because these trusts were not 

452
00:23:04,480 --> 00:23:07,720
part of the central payment 
system and thus processed only a

453
00:23:07,720 --> 00:23:10,760
small amount of payments, they 
did not hold a large amount of 

454
00:23:10,760 --> 00:23:14,360
cash relative to deposits. 
To earn profits, they made as 

455
00:23:14,360 --> 00:23:17,320
many loans as possible. 
After a series of events in 

456
00:23:17,320 --> 00:23:22,120
October 1907 set off a rush for 
withdrawal, several trust funds 

457
00:23:22,720 --> 00:23:25,760
faced a run and were forced to 
suspend credit and liquidate 

458
00:23:25,760 --> 00:23:30,240
assets, acting as a catalyst for
a larger fire sale in financial 

459
00:23:30,240 --> 00:23:32,640
markets. 
To save the financial system, JP

460
00:23:32,640 --> 00:23:36,720
Morgan, owner of the eponymous 
bank, and a small number of 

461
00:23:36,720 --> 00:23:39,520
other financial leaders 
individually chose which banks 

462
00:23:39,520 --> 00:23:41,840
to bail out. 
This helped government policy 

463
00:23:41,840 --> 00:23:45,280
makers realize that when faced 
with the crisis, the financial 

464
00:23:45,280 --> 00:23:48,800
system as then constituted would
rely on a privileged group of 

465
00:23:48,800 --> 00:23:52,120
individuals seeking to maximize 
their own profits, rather than 

466
00:23:52,120 --> 00:23:54,360
institutions that had an 
obligation to protect the 

467
00:23:54,360 --> 00:23:56,520
public's interest. 
OK, that sounds nice. 

468
00:23:56,520 --> 00:23:59,960
You're like, wow, you know what?
That's that's so true. 

469
00:24:00,160 --> 00:24:03,600
Like this 1907 crisis. 
All right, I'm going to curse 

470
00:24:03,760 --> 00:24:06,320
and I apologize, guys. 
You know what the biggest 

471
00:24:06,320 --> 00:24:08,240
motherfucking crisis in U.S. 
history was? 

472
00:24:08,400 --> 00:24:10,720
The 1933 Depression. 
You know what? 

473
00:24:10,720 --> 00:24:13,560
The second biggest, 2008. 
You know what happened? 

474
00:24:13,720 --> 00:24:15,960
The central Bank was there. 
It was there. 

475
00:24:15,960 --> 00:24:18,000
It existed. 
It was established. 

476
00:24:18,000 --> 00:24:20,440
What the fuck happened? 
They're completely ignoring 

477
00:24:20,440 --> 00:24:23,480
that, Completely ignoring that. 
Completely ignoring the fact 

478
00:24:23,680 --> 00:24:28,600
that we still have not 
completely gone over 2008. 

479
00:24:28,800 --> 00:24:32,040
The wealth redistribution, the 
fact that it's taking the 

480
00:24:32,080 --> 00:24:34,520
opportunities from the lower and
middle classes, which 

481
00:24:34,680 --> 00:24:37,400
disproportionately are the 
zoomers and the millennials, 

482
00:24:37,680 --> 00:24:41,600
doesn't allow them to buy a 
house like, like, yes, there's 

483
00:24:41,600 --> 00:24:44,560
consequences to this. 
And that all happened. 

484
00:24:44,600 --> 00:24:48,120
That all happened when the 
government had control. 

485
00:24:48,280 --> 00:24:50,840
That all happened when they had 
the central bank that they're 

486
00:24:50,840 --> 00:24:53,000
touting. 
So the fact that they're picking

487
00:24:53,000 --> 00:24:56,320
and choosing dates, Nineteen O 
7, what about 1933? 

488
00:24:56,480 --> 00:24:59,000
That's not a convenient date. 
So they can't say that, right. 

489
00:24:59,000 --> 00:25:00,840
What about 2008? 
They can't say that. 

490
00:25:00,840 --> 00:25:02,480
That's not a convenient date. 
Right. 

491
00:25:02,920 --> 00:25:08,640
So again, forgive me if I don't 
believe his shtick and saying 

492
00:25:08,640 --> 00:25:11,000
yeah, the government prints 
money and like it kind of 

493
00:25:11,000 --> 00:25:15,000
borrows months. 
And like if you say that, then 

494
00:25:15,000 --> 00:25:17,240
you don't have to answer. 
You don't have to. 

495
00:25:17,680 --> 00:25:19,880
You don't have to actually 
answer to what is happening. 

496
00:25:19,880 --> 00:25:23,240
You don't have to answer to the 
unintended consequences or maybe

497
00:25:23,240 --> 00:25:27,000
they are intended who knows, 
right, of what a central banking

498
00:25:27,000 --> 00:25:30,440
system has done to this country.
And I and and I can't help to 

499
00:25:30,440 --> 00:25:33,760
think of Ron Paul's and you know
we have the Bitcoin veterans 

500
00:25:33,760 --> 00:25:36,680
here. 
But you know, I don't think it's

501
00:25:36,680 --> 00:25:40,080
a coincidence that the bloodiest
century in human history was 

502
00:25:40,080 --> 00:25:42,560
also the century of of of 
central banking. 

503
00:25:42,720 --> 00:25:44,720
That's on my quote, that's Ron 
Paul's quote. 

504
00:25:45,080 --> 00:25:47,760
But I mean like is that what 
you're, is that what you guys 

505
00:25:47,760 --> 00:25:50,440
are standing up for? 
Like is that what you know that 

506
00:25:50,440 --> 00:25:53,560
is, is that what it's about? 
I think it's a bunch of BS in my

507
00:25:53,560 --> 00:25:57,440
opinion. 
And and if you continue down the

508
00:25:57,480 --> 00:26:02,800
court like for example look, 
look at this guys, look at this 

509
00:26:03,040 --> 00:26:07,440
a a a taxonomy of digital assets
and central bank money. 

510
00:26:07,800 --> 00:26:10,680
Look, look what's in the middle.
Everybody, right? 

511
00:26:10,680 --> 00:26:13,440
But no, remember, they're not 
working on the CBDCS. 

512
00:26:13,440 --> 00:26:15,480
That's impossible, right? 
It's coming out of the White 

513
00:26:15,480 --> 00:26:18,200
House, right? 
Central bank, money, cash. 

514
00:26:18,520 --> 00:26:21,440
You know, cryptocurrency stable 
coins, NFTS, crypto assets, 

515
00:26:21,560 --> 00:26:24,720
digital assets and CBDCS are 
perfect. 

516
00:26:24,720 --> 00:26:27,280
They're right in the middle. 
They have all the benefits of 

517
00:26:27,280 --> 00:26:29,480
the two. 
So again, don't. 

518
00:26:29,800 --> 00:26:32,040
Don't pay attention to what they
say. 

519
00:26:32,320 --> 00:26:36,240
Pay attention to what they do. 
And remember, just like the 

520
00:26:36,240 --> 00:26:39,840
Bible says, it's basically an 
intergalactic invasion into this

521
00:26:39,840 --> 00:26:42,280
space through people. 
I'm telling you, it's what all 

522
00:26:42,280 --> 00:26:44,240
the ancients said. 
It's what they warned of. 

523
00:26:44,320 --> 00:26:46,240
It's what we're dealing with. 
They're demons. 

524
00:26:46,640 --> 00:26:50,720
So, yeah, man, I, I, I, I just, 
I don't know what to say. 

525
00:26:50,720 --> 00:26:54,800
Like a bunch of BS, you know, 
like, that's my take on all 

526
00:26:54,800 --> 00:26:57,360
this. 
Anyways, Opti, I'm gonna start 

527
00:26:57,360 --> 00:26:59,200
with you and then we'll pass it 
on to the OH. 

528
00:26:59,480 --> 00:27:01,640
My God, I'm in tears. 
I'm in tears. 

529
00:27:01,640 --> 00:27:03,160
That was hilarious. 
That was a good segue. 

530
00:27:03,160 --> 00:27:05,280
That was a good segue, Nico. 
Good stuff, Good stuff. 

531
00:27:05,280 --> 00:27:06,560
That's good entertainment, I'll 
tell you. 

532
00:27:06,560 --> 00:27:09,320
All right. 
First and foremost I really love

533
00:27:09,320 --> 00:27:13,480
the the take you're you're 
saying on today's show but 

534
00:27:13,480 --> 00:27:15,440
taking the more like norm you 
take here. 

535
00:27:15,440 --> 00:27:19,240
You know like the MMM tears the 
Modern Monetary Theory guys 

536
00:27:19,240 --> 00:27:23,160
people, women and men out there.
Like they're a complete joke. 

537
00:27:23,160 --> 00:27:25,720
Like I seriously don't believe 
that they even believe the 

538
00:27:25,720 --> 00:27:28,720
nonsense that they say publicly 
but they still come out and say 

539
00:27:28,720 --> 00:27:31,120
this stuff. 
And and the worst part in my 

540
00:27:31,120 --> 00:27:34,840
opinion is that people eat this 
up, that people actually believe

541
00:27:34,840 --> 00:27:38,200
this is how economics works and 
this is the best for the economy

542
00:27:38,200 --> 00:27:39,400
or this is the best for the 
world. 

543
00:27:39,400 --> 00:27:42,360
And it's like you guys are so 
detached from reality. 

544
00:27:42,360 --> 00:27:44,360
It it goes back to what we 
always say about the 

545
00:27:44,360 --> 00:27:46,960
brainwashing and and the 
psyoping out there and the 

546
00:27:46,960 --> 00:27:50,000
gaslighting and that this is the
only way to have a functional 

547
00:27:50,000 --> 00:27:53,240
modern economy and all this 
nonsense when all of us, you 

548
00:27:53,240 --> 00:27:57,360
know, left Bell IQ bit corners 
that are Austrian bit corners, 

549
00:27:57,360 --> 00:27:59,800
they're like look humans act 
purposefully like you. 

550
00:28:00,200 --> 00:28:03,000
You don't need to influence 
people to spend their money. 

551
00:28:03,000 --> 00:28:06,080
They will do that anyway. 
And This is why we always say on

552
00:28:06,080 --> 00:28:08,960
the show constantly, we're 
probably a broken record at this

553
00:28:08,960 --> 00:28:10,120
point. 
It's like, just simplify your 

554
00:28:10,120 --> 00:28:11,640
life. 
Guys like seek the simple 

555
00:28:11,640 --> 00:28:14,000
answers. 
It's simply Bitcoin saving 

556
00:28:14,000 --> 00:28:15,600
Bitcoin. 
This is how you protect 

557
00:28:15,600 --> 00:28:18,000
yourself. 
Because even these guys and I, I

558
00:28:18,000 --> 00:28:20,600
love how Nico framed this 
because they couldn't even 

559
00:28:20,600 --> 00:28:24,800
answer the the questions like 
simply they're they're even lost

560
00:28:24,800 --> 00:28:27,280
in their own lives at this. 
Point I I just don't. 

561
00:28:27,440 --> 00:28:29,360
I I don't think that I totally 
agree. 

562
00:28:29,400 --> 00:28:32,560
I totally agree. 
Much easier to just play dumb. 

563
00:28:33,080 --> 00:28:36,880
It's so much, 'cause then then 
it's like, oh, they just don't 

564
00:28:36,880 --> 00:28:38,840
know any better. 
But they're they're trying like,

565
00:28:38,840 --> 00:28:42,240
they're trying to like, it's so 
much easier to do that than 

566
00:28:42,280 --> 00:28:44,640
being like the malicious 
twirling your mustache. 

567
00:28:44,640 --> 00:28:47,160
It's like, yeah, the government 
prints money like, like, it 

568
00:28:47,160 --> 00:28:50,920
reminds me of that politician 
the in California, right, where 

569
00:28:50,920 --> 00:28:53,480
he literally said the quiet part
out loud, right. 

570
00:28:53,480 --> 00:28:55,440
He's like. 
Brad Sherman, my favorite 

571
00:28:55,440 --> 00:28:57,120
politician. 
He's like, yeah, the US 

572
00:28:57,120 --> 00:29:00,160
government prints money, but 
we're the US government. 

573
00:29:00,160 --> 00:29:04,080
Like, I don't think that would 
be a very popular stance with 

574
00:29:04,080 --> 00:29:05,720
the portion of the population. 
Right. 

575
00:29:05,720 --> 00:29:08,840
So I think it's a lot easier to 
just be like, oh, well yeah, 

576
00:29:09,400 --> 00:29:10,040
yeah. 
I mean they. 

577
00:29:10,560 --> 00:29:13,440
I'm actually not qualified to 
answer this question, bro. 

578
00:29:13,920 --> 00:29:15,560
Economic adviser of the 
president. 

579
00:29:15,600 --> 00:29:18,400
Who the fuck is? 
Well, Nico, going further, going

580
00:29:18,400 --> 00:29:21,720
further, they can't outright 
say, yes, we are trying to steal

581
00:29:21,720 --> 00:29:24,800
from you as much as we can 
because most people would freak 

582
00:29:24,800 --> 00:29:30,240
out. 
And I think that's why MMT or 

583
00:29:30,240 --> 00:29:33,160
modern economics, quote UN 
quote, is so complicated on 

584
00:29:33,160 --> 00:29:35,840
purpose. 
It's all engineered to confuse 

585
00:29:35,840 --> 00:29:37,480
you so you get lost in the 
rabbit hole. 

586
00:29:37,480 --> 00:29:40,720
So you really don't understand 
what's happening and that's why 

587
00:29:40,720 --> 00:29:42,720
they come out here and and act 
stupid. 

588
00:29:42,720 --> 00:29:44,840
So they're like, oh man, I don't
know, it's super complicated. 

589
00:29:44,840 --> 00:29:46,840
You you wouldn't get it. 
It's like, yeah, we're trying to

590
00:29:46,840 --> 00:29:49,120
steal from you and we make it 
complicated on purpose. 

591
00:29:49,520 --> 00:29:51,600
Anyways, let's go to Alex. 
Alex, jump in. 

592
00:29:51,640 --> 00:29:54,120
I I think that's all. 
I think that's all correct. 

593
00:29:54,120 --> 00:29:58,040
I agree that this guy probably 
actually knows he has to pretend

594
00:29:58,040 --> 00:30:00,480
he doesn't know like and there's
a couple of parts that you 

595
00:30:00,480 --> 00:30:03,080
mentioned here. 
Number one, do these people 

596
00:30:03,080 --> 00:30:07,400
actually believe this nonsense 
that they're spouting or I I 

597
00:30:07,400 --> 00:30:09,080
don't think that they 
necessarily do. 

598
00:30:09,080 --> 00:30:12,040
I think there's an agenda and 
then they will create a certain 

599
00:30:12,160 --> 00:30:13,560
narrative. 
They'll create a certain amount 

600
00:30:13,560 --> 00:30:16,320
of propaganda. 
And and there are a lot of 

601
00:30:16,320 --> 00:30:19,160
people who aren't that smart who
will believe this nonsense. 

602
00:30:19,840 --> 00:30:23,000
But I do believe these guys know
what they're doing. 

603
00:30:23,000 --> 00:30:26,120
I do believe that. 
Nico, you mentioned that it 

604
00:30:26,120 --> 00:30:28,040
looked like a deflection 
possibly. 

605
00:30:28,040 --> 00:30:30,440
I agree with that 100%. 
I think he was absolutely 

606
00:30:30,440 --> 00:30:34,720
deflecting. 
I think that all of this stuff 

607
00:30:34,720 --> 00:30:38,360
is made intentionally obscure 
and complex and difficult to 

608
00:30:38,360 --> 00:30:39,440
understand. 
Why? 

609
00:30:39,720 --> 00:30:42,640
Because it stops people from 
digging too far into the con. 

610
00:30:43,800 --> 00:30:48,600
The other thing about it is 
really what she's saying is 

611
00:30:48,600 --> 00:30:51,640
she's getting at the root of the
of the issue, which is, well, if

612
00:30:51,640 --> 00:30:53,960
they're just going to print all 
this money and they can print 

613
00:30:53,960 --> 00:30:55,880
all this money, what's the point
of borrowing it? 

614
00:30:56,080 --> 00:30:59,920
It's the same question that gets
asked by people like, well, if 

615
00:30:59,920 --> 00:31:02,160
they're going to print a 
trillion dollars every hundred 

616
00:31:02,160 --> 00:31:05,760
days, why do we pay taxes? 
And the answer is essentially 

617
00:31:05,760 --> 00:31:09,160
the same. 
See, if they pretend that 

618
00:31:09,160 --> 00:31:13,280
they're borrowing it right, that
gives it an air of of moral a 

619
00:31:13,280 --> 00:31:15,400
cover. 
That sort of implies that it's 

620
00:31:15,400 --> 00:31:19,200
going to get pay back later. 
So it's not really just outright

621
00:31:19,200 --> 00:31:21,920
printing the money. 
And the same is true for the for

622
00:31:21,920 --> 00:31:25,160
the tax thing. 
Like if they just stopped doing 

623
00:31:25,160 --> 00:31:27,680
that, we're borrowing it and 
going to pay it back. 

624
00:31:27,760 --> 00:31:30,840
And if they just stopped doing 
the we need your taxes and 

625
00:31:30,840 --> 00:31:33,960
instead just printed whatever 
freaking they amount they wanted

626
00:31:34,960 --> 00:31:39,840
that would would take the mask 
off the well, I I guess you 

627
00:31:39,840 --> 00:31:42,480
would just see it for what it is
like this is clown world. 

628
00:31:42,560 --> 00:31:44,840
Like nobody would take it 
seriously anymore. 

629
00:31:45,120 --> 00:31:48,280
Confidence in the United States.
Dollar would implode and the 

630
00:31:48,280 --> 00:31:50,720
whole world would be like, holy 
shit, this whole thing's a con. 

631
00:31:51,280 --> 00:31:53,600
And it's obvious. 
Yeah, yeah. 

632
00:31:53,840 --> 00:31:55,880
Well, remember Stephanie's very 
famous. 

633
00:31:55,880 --> 00:31:57,360
I'm. 
I'm pretty sure it's stuff to 

634
00:31:57,360 --> 00:31:59,920
Stephanie Count and who who came
out and said, you know and every

635
00:31:59,920 --> 00:32:01,280
other economist out there, 
debts. 

636
00:32:01,760 --> 00:32:02,440
What's it? 
Debts. 

637
00:32:02,440 --> 00:32:05,440
Money we owe ourselves, Alex. 
So why are you so selfish? 

638
00:32:07,040 --> 00:32:09,000
It's. 
Utterly ridiculous, man. 

639
00:32:09,960 --> 00:32:12,280
I'll jump in, Shane. 
Yeah, let's. 

640
00:32:13,080 --> 00:32:15,200
Let's understand first and 
foremost we are in economic 

641
00:32:15,200 --> 00:32:17,240
warfare and I think this is 
maybe something that we kind of 

642
00:32:17,240 --> 00:32:20,800
bring to the table that we maybe
a lot of people don't see is 

643
00:32:21,120 --> 00:32:25,400
when we go in or we do any sort 
of revolutionary, you know, 

644
00:32:25,760 --> 00:32:29,400
operations in another country, 
whether it's you know, military 

645
00:32:29,400 --> 00:32:31,640
or you know three letter 
agencies. 

646
00:32:31,840 --> 00:32:34,240
One of the first things that we 
do is we start hitting them 

647
00:32:34,240 --> 00:32:37,840
economically years before, 
whether it's sanctions, whether 

648
00:32:37,840 --> 00:32:40,760
it's, you know, cutting off 
ports or whatever we have to do 

649
00:32:40,880 --> 00:32:43,800
in terms of blockades. 
And that's where America 

650
00:32:43,800 --> 00:32:45,440
started. 
I think we really ramped it up 

651
00:32:45,440 --> 00:32:49,240
into high gear in 2020 when you 
started to see the the 

652
00:32:49,240 --> 00:32:51,440
government come out. 
And if you didn't do certain 

653
00:32:51,440 --> 00:32:54,880
things with certain medical, you
know, vaccines that were coming 

654
00:32:54,880 --> 00:32:58,800
out at that time, they started 
forcing thinking people out of 

655
00:32:58,800 --> 00:33:01,840
positions in, you know, in in 
the economy. 

656
00:33:01,840 --> 00:33:03,800
And when you do that, what 
you're left with is a bunch of 

657
00:33:03,800 --> 00:33:07,320
yes men probably that aren't as 
good at their job. 

658
00:33:07,320 --> 00:33:10,920
And you you're starting to see 
the 2nd and 3rd order effects of

659
00:33:10,920 --> 00:33:14,640
that in in America now from 20, 
2021-2022. 

660
00:33:15,000 --> 00:33:19,080
As as those companies are now 
starting to really kind of go 

661
00:33:19,080 --> 00:33:23,000
through the the death rows this,
this economic warfare plan that 

662
00:33:23,000 --> 00:33:26,400
they have is is coming, you know
full circle the idea that this 

663
00:33:26,400 --> 00:33:30,360
guy is, is smart, yeah, maybe he
is obviously Columbia 

664
00:33:30,360 --> 00:33:32,400
University. 
But there's also this side of 

665
00:33:32,400 --> 00:33:34,840
what happens in these 
revolutions with three letter 

666
00:33:34,840 --> 00:33:38,280
agencies out there where they 
will literally install these 

667
00:33:38,280 --> 00:33:40,440
guys who are that are fart 
sniffers, right? 

668
00:33:40,440 --> 00:33:43,560
Like these guys will sit there 
and sniff their own farts long 

669
00:33:43,560 --> 00:33:46,160
enough and believe everything, 
you know, all the accolades and 

670
00:33:46,160 --> 00:33:49,240
everything else that's been 
heaved on them by academia and 

671
00:33:49,240 --> 00:33:51,760
this Fiat system. 
And then they get put into these

672
00:33:51,760 --> 00:33:55,120
positions and a lot of times 
these guys are recommended or 

673
00:33:55,120 --> 00:33:57,640
pushed to the top by the three 
letter agencies. 

674
00:33:57,880 --> 00:34:00,520
So if you start to, if we really
understand and hey, maybe this 

675
00:34:00,520 --> 00:34:03,960
guy, maybe he is really, really 
bright, but maybe he's also a 

676
00:34:03,960 --> 00:34:06,240
useful idiot at the same time. 
Both through. 

677
00:34:06,240 --> 00:34:08,639
Right. 
And so if you're if we were 

678
00:34:08,639 --> 00:34:10,800
watching this guy and saying 
yeah you know maybe he does 

679
00:34:10,800 --> 00:34:13,320
maybe he doesn't or maybe he's 
so far down the line because 

680
00:34:13,520 --> 00:34:17,000
what they what they know they 
need is an economic collapse of 

681
00:34:17,000 --> 00:34:20,320
the United States of America to 
to push this thing full circle. 

682
00:34:20,719 --> 00:34:24,080
So if if if we all if we 
understand this in a in a bigger

683
00:34:24,080 --> 00:34:28,719
context and there are obviously 
MMT is is coming or on the way 

684
00:34:28,719 --> 00:34:31,920
and CBD CS are right behind it. 
You know the idea that you know 

685
00:34:32,280 --> 00:34:36,400
we're we're we're talking about 
you know Powell or any of these 

686
00:34:36,400 --> 00:34:39,760
others out there that you know 
we'll we'll get up in front of 

687
00:34:39,760 --> 00:34:42,040
microphones and and talk like 
they're experts that really 

688
00:34:42,040 --> 00:34:45,480
don't have any plan what way or 
another because they you can't 

689
00:34:45,719 --> 00:34:48,960
raise interest rates you can't 
lower interest rates And if if 

690
00:34:48,960 --> 00:34:52,480
we were looking at it and going 
well obviously you know they 

691
00:34:52,480 --> 00:34:56,560
launched Fed now in the summer 
of 2023 that's a full on 

692
00:34:56,560 --> 00:34:58,480
admission that the dollars in 
deep shit. 

693
00:34:58,520 --> 00:35:02,600
And if the dollars in deep in 
deep shit they know it, then 

694
00:35:02,600 --> 00:35:04,800
they're going to have some sort 
of contingency plan because at 

695
00:35:04,800 --> 00:35:08,600
the end of the day, you know you
have what, $220 trillion in 

696
00:35:08,600 --> 00:35:12,080
unfunded liabilities? 
Things begin to happen when you 

697
00:35:12,080 --> 00:35:16,720
begin to rob an entire populace 
of its savings and retirement. 

698
00:35:16,720 --> 00:35:19,560
You told him that was going to 
be there without any sort of 

699
00:35:19,800 --> 00:35:22,200
backstop plan or a way out of 
that. 

700
00:35:22,200 --> 00:35:24,920
So I don't know. 
Could be an extremely bright 

701
00:35:24,920 --> 00:35:27,480
guy, but also a useful idiot for
the state at the same time 

702
00:35:27,480 --> 00:35:30,520
because that way they can point 
at him and go, well that was the

703
00:35:30,520 --> 00:35:34,240
guy and now he's the guy instead
of the the three letter agency 

704
00:35:34,240 --> 00:35:35,680
taking the the hit. 
Yeah. 

705
00:35:35,680 --> 00:35:36,920
That's a really good point 
right. 

706
00:35:36,920 --> 00:35:38,800
The the level of statecraft, 
right. 

707
00:35:38,800 --> 00:35:42,240
It is. 
I think it's it's lost upon a 

708
00:35:42,240 --> 00:35:45,680
lot of people because you know 
these three, these three letter 

709
00:35:45,680 --> 00:35:49,200
agencies are are they've 
mastered regime change. 

710
00:35:49,200 --> 00:35:52,000
They've mastered controlling the
populace. 

711
00:35:52,000 --> 00:35:56,040
They've mastered statecraft. 
So yeah, I mean I would not put 

712
00:35:56,040 --> 00:35:57,760
it past them. 
That's actually really, really 

713
00:35:57,760 --> 00:36:00,440
good observation, Shane. 
Yeah man. 

714
00:36:00,880 --> 00:36:02,960
But listen, I think this is one 
of those things that Bitcoin 

715
00:36:02,960 --> 00:36:08,440
fixes and but but at the same 
time I don't expect them not to 

716
00:36:08,680 --> 00:36:10,960
to fight back. 
And I think you know the the 

717
00:36:10,960 --> 00:36:13,920
arrest that happened this week 
the samurai wallet the tornado 

718
00:36:13,920 --> 00:36:17,200
cash you know CZ getting 
sentenced Rodger ver getting 

719
00:36:17,200 --> 00:36:20,560
arrested in in Spain right. 
That's all sending us the the 

720
00:36:20,560 --> 00:36:23,960
FBI press release that's all 
sending a very clear message 

721
00:36:24,040 --> 00:36:26,200
right. 
Like we are still in control. 

722
00:36:26,440 --> 00:36:28,560
You know we are the ones that 
issue money. 

723
00:36:28,840 --> 00:36:32,600
So you know, take self custody, 
run a node, get yourself a start

724
00:36:32,600 --> 00:36:34,240
9. 
There's a promo code in the 

725
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description, simply Bitcoin, get
9% off and yeah, I think we'll 

726
00:36:39,000 --> 00:36:41,360
win this thing. 
Anyways guys, before we move on 

727
00:36:41,360 --> 00:36:45,320
to the next section, I do want 
to give a very, very special 

728
00:36:45,320 --> 00:36:49,520
shout out to our new sponsor. 
Of course I am talking about the

729
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It is happening this year. 

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731
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733
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735
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The last Pleb party in Miami was
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736
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738
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740
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of proof of work atmosphere. 
Over 1000 Bitcoin plebs are 

741
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expected. 
Get your tickets now at 

742
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plebpartynashville.com. 
Guys, this is the type of thing 

743
00:37:38,960 --> 00:37:40,480
where you're like, oh, I'm going
to, I'm not going to get my 

744
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tickets. 
I'm going to wait for whatever. 

745
00:37:42,160 --> 00:37:45,120
And then everyone ends up going 
to this thing and you're not 

746
00:37:45,120 --> 00:37:47,120
going to be able to get in 
unless you have a ticket. 

747
00:37:47,120 --> 00:37:50,320
So get your tickets now. 
They also rise in price, so you 

748
00:37:50,320 --> 00:37:54,600
can scan the QR code or go to 
plebpartynashville.com today. 

749
00:37:54,800 --> 00:37:56,960
All right, everybody, let's hit 
the news. 

750
00:37:56,960 --> 00:38:02,200
We have a lot to talk about the 
Daily News. 

751
00:38:03,840 --> 00:38:07,400
I want to give a shout out to 
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752
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762
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766
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768
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the show notes below to learn 
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769
00:38:59,520 --> 00:39:01,320
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770
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771
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772
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773
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Easy to spend and remember guys,
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774
00:39:15,600 --> 00:39:17,680
So get you guys. 
Get yourself a passport by 

775
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foundation devices today. 
Scan the QR code or check the 

776
00:39:20,840 --> 00:39:22,800
link video slash podcast 
description. 

777
00:39:23,160 --> 00:39:28,280
Anyways, what I want to talk 
about today is Jack Dorsey Jack 

778
00:39:28,280 --> 00:39:31,840
Dorsey's block adding more 
Bitcoin to balance sheet and 

779
00:39:31,840 --> 00:39:36,400
presents road map for others. 
It goes on to say payments firm 

780
00:39:36,640 --> 00:39:41,200
Block has begun a dollar cost 
averaging program to add to its 

781
00:39:41,200 --> 00:39:45,160
already sizable Bitcoin stack. 
Led by CEO Jack Dorsey, the 

782
00:39:45,160 --> 00:39:49,240
company in April began using 10%
of its monthly Bitcoin related 

783
00:39:49,240 --> 00:39:52,960
gross profit to buy additional 
Bitcoin, with plans to do this 

784
00:39:52,960 --> 00:39:55,240
each month for the remainder of 
2024. 

785
00:39:55,440 --> 00:39:59,760
For perspective, Block had $80 
million in Bitcoin gross profit.

786
00:40:00,080 --> 00:40:02,880
In the first quarter, according 
to its earning results, where 

787
00:40:02,880 --> 00:40:05,960
that level of profit to continue
through the rest of the year, 

788
00:40:06,120 --> 00:40:09,920
the company under the program 
would add another 24,000,000 

789
00:40:09,920 --> 00:40:11,680
worth of Bitcoin to its balance 
sheet. 

790
00:40:11,680 --> 00:40:14,400
Block already had substantial 
Bitcoin holdings, having 

791
00:40:14,400 --> 00:40:20,600
purchased 4709 bitcoins in 
October 2020, another 3318 

792
00:40:20,600 --> 00:40:24,560
tokens in early 2021. 
At today's price of a of about 

793
00:40:24,560 --> 00:40:29,040
59,000, that Bitcoin is now 
worth roughly 4.7 billion. 

794
00:40:29,360 --> 00:40:32,800
Alongside that news, the company
also released its Bitcoin 

795
00:40:33,160 --> 00:40:36,320
Blueprint for Corporate for 
corporate balance Sheets, in 

796
00:40:36,320 --> 00:40:39,440
which it describes the process 
through which it is able to 

797
00:40:39,440 --> 00:40:43,200
acquire large amounts of the 
crypto without unduly moving the

798
00:40:43,200 --> 00:40:46,800
market and how it custodies, 
ensures and accounts for the 

799
00:40:46,800 --> 00:40:48,800
holdings. 
Look, I I can't. 

800
00:40:48,800 --> 00:40:52,320
And I and I believe, if my 
memory serves me correctly, I 

801
00:40:52,320 --> 00:40:54,920
believe Michael Saylor did 
something very similar. 

802
00:40:55,240 --> 00:41:01,400
But this is incredibly important
and the reason for that is this 

803
00:41:01,400 --> 00:41:03,840
is the this is what's going to 
happen this epoch, right? 

804
00:41:04,360 --> 00:41:06,880
Michael Sailor has been 
vindicated. 

805
00:41:07,160 --> 00:41:10,720
Clearly, the MicroStrategy 
Bitcoin strategy is working. 

806
00:41:11,360 --> 00:41:14,040
MicroStrategy has outperformed 
everything else. 

807
00:41:14,760 --> 00:41:17,560
And here you have another very 
notable company. 

808
00:41:17,560 --> 00:41:22,240
You have a notable figure, Jack 
Dorsey, basically saying like, 

809
00:41:22,240 --> 00:41:24,640
look, we're adopting a Bitcoin 
strategy. 

810
00:41:24,640 --> 00:41:28,200
We're going to put 10% of our 
profits each quarter into 

811
00:41:28,200 --> 00:41:30,440
Bitcoin. 
And here's the thing, as number 

812
00:41:30,440 --> 00:41:34,160
go up does its thing, market 
forces start to do what market 

813
00:41:34,160 --> 00:41:36,600
forces do best. 
And then other companies that 

814
00:41:36,600 --> 00:41:39,560
are competitors of block, other 
companies that are competitors 

815
00:41:39,560 --> 00:41:43,800
of MicroStrategy start to be at 
a start to be at a major 

816
00:41:43,800 --> 00:41:47,600
disadvantage for them not 
adopting a Bitcoin strategy as 

817
00:41:47,600 --> 00:41:49,840
well. 
So I think Jack Dorsey is 

818
00:41:49,840 --> 00:41:53,120
definitely accelerating massive 
adoption at least on the 

819
00:41:53,120 --> 00:41:56,680
corporate level with this move. 
This is very, very positive 

820
00:41:56,680 --> 00:41:59,080
news. 
And remember, guys like, look, 

821
00:41:59,160 --> 00:42:01,760
there's not enough Bitcoin to go
around, right? 

822
00:42:01,760 --> 00:42:05,600
So like the the, the daily 
supply that already got cut in 

823
00:42:05,600 --> 00:42:07,720
half, it's just getting gobbled 
up. 

824
00:42:07,720 --> 00:42:09,320
What do you think's gonna 
happen, right? 

825
00:42:09,320 --> 00:42:13,280
It's it's just common sense. 
And then just kind of, and if 

826
00:42:13,280 --> 00:42:15,480
you connect this with what we 
were talking about yesterday, 

827
00:42:15,480 --> 00:42:18,840
the second largest European bank
is they're not buying Bitcoin 

828
00:42:18,840 --> 00:42:21,120
directly. 
I don't know if they can, but 

829
00:42:21,400 --> 00:42:23,640
they announced that they're 
buying exposure to Bitcoin 

830
00:42:23,640 --> 00:42:28,080
through Blackrock's Bitcoin ETF.
Now the second bank in in the 

831
00:42:28,120 --> 00:42:31,320
second largest bank in Europe, 
BNP Paribas. 

832
00:42:31,320 --> 00:42:32,640
I think I pronounced that 
correctly. 

833
00:42:32,800 --> 00:42:36,040
Now they have the cheat code. 
Now they have a competitive 

834
00:42:36,040 --> 00:42:40,280
advantage to every other bank 
that is not adopting a Bitcoin 

835
00:42:40,280 --> 00:42:42,040
strategy. 
So I think game theory is going 

836
00:42:42,040 --> 00:42:44,160
to take a foot very, very 
quickly. 

837
00:42:44,440 --> 00:42:47,880
As you know this cycle continues
to ramp up as number go up does 

838
00:42:47,880 --> 00:42:50,560
its thing and block is going to 
have an advantage. 

839
00:42:50,560 --> 00:42:52,200
This bank is going to have an 
advantage. 

840
00:42:52,200 --> 00:42:53,840
Micro strategy is going to have 
an advantage. 

841
00:42:54,240 --> 00:42:57,480
And I think the likes of 
Facebook, Google, you know, all 

842
00:42:57,480 --> 00:42:59,920
the Tesla, all the Tesla already
has, I think, I believe. 

843
00:43:00,320 --> 00:43:03,440
But these companies, they're 
gonna get left behind if they 

844
00:43:03,440 --> 00:43:06,200
don't start putting Bitcoin on 
their balance sheet. 

845
00:43:06,320 --> 00:43:08,760
And look, a lot of these 
companies have a tremendous 

846
00:43:08,760 --> 00:43:11,800
amount of cash, right? 
And it's like sitting on a 

847
00:43:11,800 --> 00:43:15,760
melting ice cube, right? 
They can compensate for losing 

848
00:43:15,760 --> 00:43:18,640
that purchasing power on a 
yearly basis, which they're OK 

849
00:43:18,640 --> 00:43:20,280
with because they're so 
profitable. 

850
00:43:20,440 --> 00:43:23,920
They can compensate for that if 
they just put 1%, two percent, 

851
00:43:23,920 --> 00:43:27,200
3% of their cash reserves into 
Bitcoin. 

852
00:43:27,200 --> 00:43:30,040
And I think it's just a matter 
of time and you're starting to 

853
00:43:30,040 --> 00:43:34,000
see the the damn break with 
these types of moves. 

854
00:43:34,000 --> 00:43:37,480
So once again, I think Jack 
Dorsey leading the charge and I 

855
00:43:37,480 --> 00:43:39,040
think it's a good thing. 
Anyways, I want to get your 

856
00:43:39,040 --> 00:43:41,240
guys's takes. 
Start off with Alex. 

857
00:43:41,400 --> 00:43:42,680
I feel like this is up your 
alley. 

858
00:43:42,800 --> 00:43:44,560
What's up, man? 
Yeah. 

859
00:43:44,680 --> 00:43:49,200
So it this is not surprising to 
me at all actually we've been 

860
00:43:49,200 --> 00:43:51,680
saying this for a long time. 
But even back in the you know 

861
00:43:51,680 --> 00:43:55,800
when I was the host of Cafe 
Bitcoin doing that talking about

862
00:43:55,800 --> 00:44:00,360
how like the sailor sort of 
playbook of of using your 

863
00:44:00,360 --> 00:44:03,800
balance sheet using the profits 
from your company to put more 

864
00:44:03,800 --> 00:44:07,400
Bitcoin on your balance sheet as
a as a as a part of your 

865
00:44:07,400 --> 00:44:10,520
treasury. 
Like is it becomes a no brainer 

866
00:44:10,520 --> 00:44:13,320
overtime. 
And I think you know one thing 

867
00:44:13,320 --> 00:44:15,120
we've been saying is you're 
going to see lots of companies 

868
00:44:15,240 --> 00:44:17,240
copy this playbook doubt by the 
thousands. 

869
00:44:17,240 --> 00:44:19,560
I think in time you'll see 
thousands of companies doing 

870
00:44:19,560 --> 00:44:23,480
this and eventually if it's not 
already happening you're going 

871
00:44:23,480 --> 00:44:25,880
to see central banks doing it. 
Now when central banks do it, 

872
00:44:25,880 --> 00:44:26,840
they're not going to announce 
it. 

873
00:44:27,680 --> 00:44:29,680
That'll be done, done completely
in secret. 

874
00:44:30,040 --> 00:44:32,880
You'll find out much much later 
that they've done this. 

875
00:44:33,640 --> 00:44:37,880
But I think all of these things 
are inevitable. 100% I think 

876
00:44:37,880 --> 00:44:40,080
it's inevitable. 
The game theory is the game 

877
00:44:40,080 --> 00:44:41,360
theory. 
Anyways guys. 

878
00:44:41,360 --> 00:44:45,520
There's 900 of you guys watching
live between YouTube Rumble and 

879
00:44:45,520 --> 00:44:46,840
X. 
If you guys are enjoying the 

880
00:44:46,840 --> 00:44:49,840
show right now, make sure to 
smash that like button. 

881
00:44:49,840 --> 00:44:52,960
It tells the algos to push the 
orange signal forward. 

882
00:44:53,200 --> 00:44:54,800
Shane, what's your take on this 
brother? 

883
00:44:55,080 --> 00:44:58,280
I think it's really interesting 
to see European banks going in 

884
00:44:58,280 --> 00:45:01,080
through the BlackRock ETF. 
When you when you understand you

885
00:45:01,120 --> 00:45:04,000
know who BlackRock is, is 
basically the Fed's trading arm 

886
00:45:04,400 --> 00:45:06,480
and that they're storing these 
things in Coinbase. 

887
00:45:06,640 --> 00:45:09,240
You know this this might be 
anecdotal but the idea that 

888
00:45:09,240 --> 00:45:13,440
you're going to move your your 
reserves from Europe over to the

889
00:45:13,720 --> 00:45:17,400
US into Coinbase and God knows 
if they if they ever fork the 

890
00:45:17,400 --> 00:45:20,360
code through BlackRock and then 
you have to take the tokens that

891
00:45:20,360 --> 00:45:23,800
they fork to and that money is 
just sitting there for the the 

892
00:45:23,800 --> 00:45:27,600
Federal Reserve raises a lot of 
questions in what's going on for

893
00:45:27,600 --> 00:45:29,440
me. 
And I I can't think that they've

894
00:45:29,440 --> 00:45:32,640
done their due diligence and and
understanding any of this in 

895
00:45:32,640 --> 00:45:35,200
terms of Bitcoin. 
But yeah it it definitely looks 

896
00:45:35,200 --> 00:45:40,520
like it's it's I don't know it 
looks like this is going to 

897
00:45:40,640 --> 00:45:43,120
continue. 
The side that I see, you know on

898
00:45:43,120 --> 00:45:46,880
a daily basis over at Swan is 
you know the we have more and 

899
00:45:46,880 --> 00:45:50,760
more businesses coming in with 
with lots and lots and lots of 

900
00:45:50,760 --> 00:45:53,280
money and we're in a crab market
right now. 

901
00:45:53,280 --> 00:45:56,480
So if we're in a crab market and
we're seeing people getting out 

902
00:45:56,480 --> 00:45:59,320
of the blocks and maybe this is 
the slow part, you know, later 

903
00:45:59,320 --> 00:46:02,640
on the summer this fall as we 
head into, you know, the 

904
00:46:02,640 --> 00:46:05,840
election season and everything 
else that's going on, I I 

905
00:46:06,040 --> 00:46:09,720
totally expect this to 
accelerate. 100% and I actually 

906
00:46:09,720 --> 00:46:11,200
agree. 
I it's just game theory. 

907
00:46:11,200 --> 00:46:15,120
Like it's just like it's just 
like it's a common sense, right 

908
00:46:15,120 --> 00:46:17,360
where where this is going, Opti,
what's your take, brother? 

909
00:46:18,440 --> 00:46:21,880
Yeah, well, first and foremost, 
I absolutely love seeing Jack 

910
00:46:21,880 --> 00:46:25,240
Dorsey turn Block into a de 
facto Bitcoin company. 

911
00:46:25,280 --> 00:46:26,760
You know, they're making the bit
key. 

912
00:46:26,760 --> 00:46:29,160
They got TBD where they're doing
development. 

913
00:46:29,160 --> 00:46:32,520
We have cash app that you can 
not only buy Bitcoin, but you 

914
00:46:32,520 --> 00:46:37,080
can turn your your corporate 
payments into Bitcoin. 

915
00:46:37,080 --> 00:46:41,080
It's just like Jack Dorsey in my
opinion is killing it right now.

916
00:46:41,080 --> 00:46:43,280
And I know the Chad's going to 
say, well, he was part of 

917
00:46:43,280 --> 00:46:46,520
Twitter and all that stuff, but 
what he's doing now I think 

918
00:46:46,520 --> 00:46:49,280
makes up for a lot of the stuff 
that you might hate him for. 

919
00:46:49,280 --> 00:46:52,040
And I absolutely love seeing 
this move right here. 

920
00:46:52,240 --> 00:46:55,240
You know, just doing a 
consistent monthly buy pressure 

921
00:46:55,240 --> 00:46:56,920
for Bitcoin heading into a bull 
run. 

922
00:46:56,920 --> 00:46:59,200
It's going to be absolutely 
marvelous to watch. 

923
00:46:59,200 --> 00:47:01,440
And like we're saying more 
companies are going to follow 

924
00:47:01,440 --> 00:47:04,920
this lead and everyone out 
there, I highly suggest you read

925
00:47:04,960 --> 00:47:08,000
the press release. 
It's because it's a great read 

926
00:47:08,000 --> 00:47:11,480
and he absolutely open sourced. 
His whole strategy wants people 

927
00:47:11,480 --> 00:47:13,800
to come talk to him and follow 
lead. 

928
00:47:14,120 --> 00:47:17,320
And I think like Shane just 
said, when we see other 

929
00:47:17,320 --> 00:47:20,480
corporations follow this, it's 
really when things are going to 

930
00:47:20,480 --> 00:47:23,200
kick into OverDrive. 
I saw Luke Brodes do a great 

931
00:47:23,400 --> 00:47:27,320
thread this morning about the 
Apple stock buybacks. 

932
00:47:27,320 --> 00:47:30,800
They did 110 billion stock 
buyback this morning. 

933
00:47:30,800 --> 00:47:32,400
I think it's the largest one 
ever. 

934
00:47:32,720 --> 00:47:36,160
And imagine if they did that and
then did the sailor move and 

935
00:47:36,160 --> 00:47:39,000
bought Bitcoin. 
It's like I don't think people 

936
00:47:39,000 --> 00:47:41,840
really understand what the 
game's being played right now 

937
00:47:41,840 --> 00:47:44,880
and of course you know we're 
more freedom go up Maxie's but 

938
00:47:44,880 --> 00:47:48,840
everyone loves number go up. 
So it's once this playbook 

939
00:47:48,840 --> 00:47:51,560
starts to really kick into 
OverDrive it's going to be 

940
00:47:51,560 --> 00:47:53,840
absolute fireworks. 
So it's just men. 

941
00:47:54,240 --> 00:47:56,800
We're still in the early endings
and shouts at the Jack Dorsey 

942
00:47:56,800 --> 00:48:00,360
for for again putting his money 
where his mouth is and and just 

943
00:48:00,360 --> 00:48:03,240
being like yeah we're going to 
consistently DCA into Bitcoin. 

944
00:48:03,640 --> 00:48:07,240
And yeah it's not a sailor move 
where they're buying hundreds of

945
00:48:07,240 --> 00:48:11,720
millions or 100,000 coins but 
every month a consistent what 

946
00:48:11,800 --> 00:48:15,040
what they say they're going to 
buy 2524 million in the this 

947
00:48:15,040 --> 00:48:17,640
year. 
So that's going to be you know a

948
00:48:17,640 --> 00:48:21,480
consistent couple of million buy
pressure every month. 

949
00:48:22,000 --> 00:48:23,920
That's going to be great. 
That's going to be setting the 

950
00:48:23,920 --> 00:48:27,320
floor And then once other people
follow this, I think you guys 

951
00:48:27,320 --> 00:48:29,640
are ready for what's coming. 
You guys are too bearish in the 

952
00:48:29,640 --> 00:48:31,000
chat. 
I can see you guys. 

953
00:48:31,200 --> 00:48:31,880
It's bro. 
It's. 

954
00:48:32,600 --> 00:48:34,880
Going wait, actually Mikos too. 
Bearish in the chat. 

955
00:48:34,880 --> 00:48:37,040
It's going, it's going up, it's 
going up forever. 

956
00:48:37,040 --> 00:48:39,560
It's going up forever. 
Anyways, the next topic that I 

957
00:48:39,560 --> 00:48:41,960
wanted to talk about is optis 
exes. 

958
00:48:41,960 --> 00:48:45,200
So first we're gonna start with,
of course, you guys know 

959
00:48:45,200 --> 00:48:49,240
Christine Lagarde, you guys know
Augustine Carson. 

960
00:48:49,560 --> 00:48:53,360
But breaking news, you guys 
didn't know this Brian Armstrong

961
00:48:53,360 --> 00:48:55,960
as well. 
So why don't, why don't want to 

962
00:48:55,960 --> 00:48:58,000
talk about Brian Armstrong, 
Brian Armstrong? 

963
00:49:01,160 --> 00:49:04,400
Looks like the guy from Dune. 
I had to figure out a Segway 

964
00:49:04,400 --> 00:49:08,520
somehow. 
Oh man. 

965
00:49:08,720 --> 00:49:12,120
I think he's got a much bigger 
Dome, like the guy from Dune, 

966
00:49:12,120 --> 00:49:15,880
just with a bigger egghead. 
Bro Opti Opti gets plugged in. 

967
00:49:15,880 --> 00:49:19,040
Man Opti Opti shoots high. 
Hold on, hold on. 

968
00:49:19,040 --> 00:49:22,080
I'm on the full screen myself. 
I'm trying to get the bag. 

969
00:49:22,080 --> 00:49:23,280
All right. 
Can you blame me? 

970
00:49:23,280 --> 00:49:25,560
I need to stack more sets. 
Oh man. 

971
00:49:25,600 --> 00:49:27,960
OK, so why am I talking about 
Brian Armstrong? 

972
00:49:28,560 --> 00:49:31,360
Look, I think all of us here, 
right? 

973
00:49:31,360 --> 00:49:33,600
Not a fan of Coinbase, 
obviously. 

974
00:49:33,600 --> 00:49:36,360
Shit, the largest shit coin 
casino in the United States. 

975
00:49:36,720 --> 00:49:41,520
However, they finally integrated
Bitcoin's lightning network and 

976
00:49:41,520 --> 00:49:46,800
the reality is that they have a 
a ridiculous amount of of users.

977
00:49:46,800 --> 00:49:50,480
So I think this is a very 
positive for the Lightning 

978
00:49:50,480 --> 00:49:52,920
Network. 
You know I I know that there is 

979
00:49:52,920 --> 00:49:57,320
a tremendous amount of pressure 
on Opti's X from Bitcoin Twitter

980
00:49:57,960 --> 00:50:01,640
and it seems like he you know he
came through in in this sense. 

981
00:50:01,640 --> 00:50:05,840
So I think this is great for for
Bitcoin adoption for the 

982
00:50:05,840 --> 00:50:08,840
lightning network and it kind of
defeats the purpose for a lot of

983
00:50:08,840 --> 00:50:11,920
those shit coins that you know 
are being peddled on Coinbase 

984
00:50:11,920 --> 00:50:14,440
right. 
You know cause a lot of the, a 

985
00:50:14,440 --> 00:50:17,160
lot of the a lot of the 
narratives from people were that

986
00:50:17,160 --> 00:50:21,200
like look like you know this is 
faster than Bitcoin. 

987
00:50:21,200 --> 00:50:23,800
Bitcoin can't scale. 
Now all of a sudden you know if 

988
00:50:23,800 --> 00:50:27,600
they're offering lightning for 
withdraws like I mean it's kind 

989
00:50:27,600 --> 00:50:30,560
of counter intuitive I would say
but you know who would have 

990
00:50:30,560 --> 00:50:34,600
thought out of all people you 
know in this world you know 

991
00:50:34,600 --> 00:50:39,280
Brian Armstrong, you know played
such a a would say a a big role 

992
00:50:39,280 --> 00:50:41,560
in in potentially lightning 
adoption. 

993
00:50:41,880 --> 00:50:45,920
So anyways, I know that is not 
exactly the the the most 

994
00:50:46,160 --> 00:50:50,720
bitcoiner thing to say, but you 
know Coinbase has a massive user

995
00:50:50,720 --> 00:50:51,320
base. 
That's right. 

996
00:50:51,320 --> 00:50:53,320
I think the last time there was 
like 100 million users or 

997
00:50:53,320 --> 00:50:55,240
something. 
Anyways, Opti, what's your take 

998
00:50:55,240 --> 00:50:56,880
on this? 
And then we'll move on to Shane 

999
00:50:56,880 --> 00:50:59,440
and Alex. 
Yeah, well, you know, I'm not a 

1000
00:50:59,440 --> 00:51:02,800
big fan of Coinbase, even though
Coinbase is like the first 

1001
00:51:02,800 --> 00:51:04,520
platform that I bought Bitcoin 
with. 

1002
00:51:04,520 --> 00:51:08,040
And you know, they're still the 
biggest platform out there and 

1003
00:51:08,040 --> 00:51:11,360
people are people still don't 
understand that, like Coinbase 

1004
00:51:11,480 --> 00:51:14,360
is like, it's not just an 
exchange. 

1005
00:51:14,360 --> 00:51:15,880
But hey, that's all beside the 
point. 

1006
00:51:16,320 --> 00:51:18,960
I'll give them their props, I'll
give them their flowers when 

1007
00:51:18,960 --> 00:51:21,160
when they do something good. 
And this is one of those good 

1008
00:51:21,160 --> 00:51:23,160
things. 
It's like now their whole shit 

1009
00:51:23,160 --> 00:51:25,720
coin narrative in my opinion, is
absolutely dead. 

1010
00:51:25,720 --> 00:51:29,880
I haven't used this, but I love 
to see when more exchanges start

1011
00:51:29,880 --> 00:51:31,880
using Lightning it. 
I think that's an important 

1012
00:51:31,880 --> 00:51:33,600
thing to see. 
And shots at the Lightning 

1013
00:51:33,600 --> 00:51:35,560
Goats, he says he tried it and 
it's absolute trash. 

1014
00:51:35,560 --> 00:51:37,680
So hey, you know, I haven't used
it. 

1015
00:51:37,840 --> 00:51:40,720
I haven't used it, but at least 
they are making moves. 

1016
00:51:40,720 --> 00:51:43,960
You know Brian Armstrong, I 
think it what was it like last 

1017
00:51:43,960 --> 00:51:47,680
year? 
Nico the Walker America was like

1018
00:51:47,680 --> 00:51:50,560
tweeting at him about using 
lightning and he didn't even 

1019
00:51:50,560 --> 00:51:53,240
know that he could use it. 
Or like, no, his lightning 

1020
00:51:53,240 --> 00:51:55,880
addresses and now at least you 
know. 

1021
00:51:56,240 --> 00:51:57,320
Yeah, I thought it was. 
An e-mail. 

1022
00:51:57,320 --> 00:51:59,840
And at least now they're making 
some moves. 

1023
00:51:59,880 --> 00:52:03,120
It might be what, like 2 years? 
Two years late? 

1024
00:52:03,120 --> 00:52:05,320
But at least they're making 
moves to do it. 

1025
00:52:05,640 --> 00:52:08,320
So hey, it's a good thing to 
see. 

1026
00:52:08,320 --> 00:52:11,480
I can't wait to see it. 
Basically every Bitcoin exchange

1027
00:52:11,480 --> 00:52:15,480
and even shit coin casinos use 
lightning because in my opinion 

1028
00:52:15,480 --> 00:52:18,240
it's it disproves the whole 
narrative for shit coins. 

1029
00:52:18,240 --> 00:52:20,520
Like that's the whole reason for
most shit coins existence. 

1030
00:52:20,520 --> 00:52:22,440
It's like oh bitcoin's slow and 
clunky. 

1031
00:52:22,440 --> 00:52:24,400
It only has seven transactions 
per second bro. 

1032
00:52:24,400 --> 00:52:26,880
Like it's like now it just use 
lightning. 

1033
00:52:27,000 --> 00:52:29,240
This is, this is this is a good 
thing to see. 

1034
00:52:29,240 --> 00:52:39,120
But hey, hopefully, dude, Oh my.
God oh man, that's hilarious. 

1035
00:52:39,560 --> 00:52:42,440
Anyways, Shane, Alex, what's 
your guys takes on this? 

1036
00:52:43,200 --> 00:52:45,280
I mean. 
Brian Armstrong is that guy 

1037
00:52:45,280 --> 00:52:48,480
that's just notoriously slipped 
through the figures of the US 

1038
00:52:48,480 --> 00:52:52,640
government and securities fraud.
But I don't know, I I've got 

1039
00:52:52,640 --> 00:52:55,640
clients that come to me every 
day that are trying to run away 

1040
00:52:55,640 --> 00:52:59,000
from Coinbase as fast as 
possible, and if they're 

1041
00:52:59,000 --> 00:53:01,760
introducing Lightning to help 
them run away, that's great. 

1042
00:53:01,760 --> 00:53:04,240
The problem is if they're 
Lightning runs like they're on 

1043
00:53:04,240 --> 00:53:07,480
chain withdraws, but it's still,
you know, zero, right? 

1044
00:53:07,520 --> 00:53:10,360
You know, guy after guy after 
guy that's trying to get away 

1045
00:53:10,360 --> 00:53:12,840
from these kinds of like, hey, 
they're not allowing me to take 

1046
00:53:12,840 --> 00:53:16,480
my Bitcoin off their exchange. 
I don't know, maybe it works, 

1047
00:53:16,480 --> 00:53:18,760
maybe it doesn't. 
If it's trash and we're already 

1048
00:53:18,760 --> 00:53:21,560
hearing that it's trash, I 
wouldn't be the least bit 

1049
00:53:21,560 --> 00:53:24,160
surprised. 
You know, when markets move and 

1050
00:53:24,160 --> 00:53:27,600
they want to, you know, clamp 
down and have a an issue with 

1051
00:53:27,600 --> 00:53:30,640
their software or firmware or 
user interface or whatever, 

1052
00:53:30,640 --> 00:53:32,000
they're going to blame it on 
that day. 

1053
00:53:32,000 --> 00:53:34,560
I I think that's still going to 
happen over there at Coinbase, 

1054
00:53:34,720 --> 00:53:37,240
so. 
Yeah, to change point, how are 

1055
00:53:37,240 --> 00:53:40,880
they going to shut down now? 
You know for operations when 

1056
00:53:41,040 --> 00:53:42,280
they're using the Lightning, 
right? 

1057
00:53:42,280 --> 00:53:43,480
Yeah, when the circuit breaker 
was. 

1058
00:53:43,480 --> 00:53:45,680
Lightning, Alex, what's your 
take on this? 

1059
00:53:46,640 --> 00:53:52,400
I think you got to remember that
Coinbase is that they generate a

1060
00:53:52,400 --> 00:53:55,000
majority of their revenue by 
churning shit coins. 

1061
00:53:55,040 --> 00:53:58,120
I think it's something like 80% 
of their revenue is generated by

1062
00:53:58,400 --> 00:54:00,880
by churning shit coins. 
And they're they're in a 

1063
00:54:00,880 --> 00:54:05,360
situation right now where the 
SEC is still coming after him 

1064
00:54:05,360 --> 00:54:08,840
for this. 
Like there's a fair chance that 

1065
00:54:08,840 --> 00:54:11,400
the SEC will prevail in this 
situation. 

1066
00:54:11,520 --> 00:54:16,440
And if that is the case, then 
the reality is, is that Coinbase

1067
00:54:16,440 --> 00:54:18,960
has been making a market in 
unregistered securities for a 

1068
00:54:18,960 --> 00:54:23,320
really long time. 
And if they're forced to stop 

1069
00:54:23,320 --> 00:54:26,240
doing that, that's a huge part 
of their revenue base. 

1070
00:54:26,960 --> 00:54:31,680
So it's possible that they might
just be looking at it from a 

1071
00:54:31,680 --> 00:54:35,480
strategic perspective, going 
man, we may have to repair 

1072
00:54:35,480 --> 00:54:38,520
relationships with the 
bitcoiners, because if we have 

1073
00:54:38,520 --> 00:54:40,800
to stop selling shit coins, 
we're kind of fucked as a 

1074
00:54:40,800 --> 00:54:43,080
business. 
So maybe we need to make friends

1075
00:54:43,080 --> 00:54:45,840
with these guys again. 
Dude, I mean, oh that's a that's

1076
00:54:45,880 --> 00:54:48,240
a really good take. 
But I don't, I I don't know if 

1077
00:54:48,240 --> 00:54:49,760
they could salvage that 
relationship. 

1078
00:54:49,760 --> 00:54:53,440
Anyways, guys, let's move on to 
the culture, talk about Bitcoin 

1079
00:54:53,440 --> 00:54:55,680
veterans. 
But before we do that, I do want

1080
00:54:55,680 --> 00:54:57,320
to give a shout out to our 
sponsor. 

1081
00:54:57,320 --> 00:54:58,960
Of course, I'm talking about the
Orange Pull app. 

1082
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Friends who stack Sats, find 

1083
00:55:04,680 --> 00:55:08,720
local bitcoiners events, and 
merchants joined the 10,137 

1084
00:55:08,720 --> 00:55:10,400
bitcoins that are currently on 
the app. 

1085
00:55:10,400 --> 00:55:14,360
The Orange Pull app is the 
Bitcoin social layer has a very,

1086
00:55:14,360 --> 00:55:17,880
very interesting filtration 
system, so you'll only find 

1087
00:55:17,880 --> 00:55:21,040
fellow bitcoiners on the app. 
It also has this geographical 

1088
00:55:21,040 --> 00:55:23,320
feature. 
So if you move to a new city or 

1089
00:55:23,320 --> 00:55:25,800
you're traveling and you don't 
know any bitcoiners around you, 

1090
00:55:25,960 --> 00:55:27,960
you can open up the Orange Pull 
up and it will tell you 

1091
00:55:27,960 --> 00:55:30,920
geographically the Bitcoiners 
are around you. 

1092
00:55:31,240 --> 00:55:32,840
So guys, I'm on the Orange Pull 
up. 

1093
00:55:32,840 --> 00:55:34,760
It's one of the best ways to 
reach me at Opti. 

1094
00:55:34,760 --> 00:55:37,320
You guys could send us a direct 
message, download the Orange 

1095
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Pearl app today, scan the QR 
code, or check the link in the 

1096
00:55:40,560 --> 00:55:42,400
video description. 
All right, everybody, let's hit 

1097
00:55:42,400 --> 00:55:43,720
the culture. 
Here we go. 

1098
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1100
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1116
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1117
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1118
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1119
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1120
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1121
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1122
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Kaboom racks OK, no, we're here 
with the boys, Shane and Alex 

1123
00:57:22,840 --> 00:57:25,600
from Bitcoin Veterans. 
You guys kind of already gave 

1124
00:57:25,600 --> 00:57:28,400
the TLDR, but for everyone 
that's coming up later, what is 

1125
00:57:28,400 --> 00:57:31,240
the mission of Bitcoin veterans 
and and what are you guys doing?

1126
00:57:33,040 --> 00:57:34,120
Shane, why don't you go? 
I'll follow you. 

1127
00:57:34,200 --> 00:57:36,560
I'll follow you up. 
Yeah, we thought it was pretty 

1128
00:57:36,560 --> 00:57:38,800
self-explanatory by the title. 
Bitcoin veterans. 

1129
00:57:38,960 --> 00:57:40,360
We're bitcoiners. 
We're veterans. 

1130
00:57:40,720 --> 00:57:42,560
We're trying to put people back 
on the mission. 

1131
00:57:42,720 --> 00:57:46,280
Guys that have maybe found some 
nihilism in their lives don't 

1132
00:57:46,280 --> 00:57:50,720
have a lot of hope and still 
deep down want that freedom, 

1133
00:57:50,720 --> 00:57:54,080
that American idea, self 
sovereignty, the little white 

1134
00:57:54,080 --> 00:57:55,720
picket fence family and all that
fun stuff. 

1135
00:57:55,760 --> 00:57:58,600
We're trying to help guys 
actually realize that by 

1136
00:57:58,600 --> 00:58:02,400
introducing them to Bitcoin, get
them reintroduced to society, so

1137
00:58:02,400 --> 00:58:06,240
to speak, and give them a 
mission that is going to, you 

1138
00:58:06,400 --> 00:58:09,760
know, empower them and and take 
charge of that passion that I 

1139
00:58:09,760 --> 00:58:12,120
think they signed up for, for 
the military, you know, in good 

1140
00:58:12,120 --> 00:58:15,080
faith and turn it into, you 
know, this this bright orange 

1141
00:58:15,080 --> 00:58:16,360
future that we're all looking 
at. 

1142
00:58:16,360 --> 00:58:20,560
So that's that's kind of a very 
high level idea of why and and 

1143
00:58:20,560 --> 00:58:23,360
how we form Bitcoin veterans. 
Yeah. 

1144
00:58:24,480 --> 00:58:26,080
Alex, want to jump in? 
Yeah, sure. 

1145
00:58:26,080 --> 00:58:29,920
So my perspective on it is, is 
that like, I think a lot of guys

1146
00:58:29,920 --> 00:58:33,480
who join the military, not all 
and gals do so because they are 

1147
00:58:33,480 --> 00:58:36,320
what I call sheepdogs. 
They have an instinct inside of 

1148
00:58:36,320 --> 00:58:38,040
them to protect other human 
beings. 

1149
00:58:38,040 --> 00:58:40,440
And then they, they signed up 
for the military thinking that 

1150
00:58:40,440 --> 00:58:41,520
that's what they were going to 
get to do. 

1151
00:58:41,520 --> 00:58:42,800
They were going to protect their
people. 

1152
00:58:43,360 --> 00:58:47,200
And as it turns out, I think a 
lot of guys who go in figure out

1153
00:58:47,200 --> 00:58:51,000
after a while that it's not what
they thought it was like they'll

1154
00:58:51,000 --> 00:58:53,880
get out and they'll realize, 
man, this is a gigantic machine 

1155
00:58:54,400 --> 00:58:57,800
feeding a military industrial 
complex of non-stop forever 

1156
00:58:57,800 --> 00:58:59,600
wars. 
And it's the forever wars stuff 

1157
00:58:59,600 --> 00:59:01,320
that I think grates on a lot of 
veterans. 

1158
00:59:01,320 --> 00:59:04,440
They get out and they're like, 
man, I dedicated my life to this

1159
00:59:04,440 --> 00:59:06,520
for X number of years. 
I signed the dotted line. 

1160
00:59:06,520 --> 00:59:09,080
I agreed to go over and get shot
at and possibly blown up and 

1161
00:59:09,080 --> 00:59:12,480
dismembered for what? 
Like what are we doing here? 

1162
00:59:13,720 --> 00:59:15,760
You know you think you're 
spreading freedom and protecting

1163
00:59:15,760 --> 00:59:18,520
in America when in reality what 
you're really doing is you're 

1164
00:59:18,520 --> 00:59:21,760
just feeding this non-stop 
monster that is never satiated 

1165
00:59:21,760 --> 00:59:24,280
and that monster is the military
industrial complex. 

1166
00:59:25,160 --> 00:59:27,640
They print the money. 
They pay those guys for the 

1167
00:59:27,640 --> 00:59:30,400
bombs and the missiles and The 
Jets and all the things. 

1168
00:59:30,960 --> 00:59:34,320
And some of those guys get 
really freaking rich and our 

1169
00:59:34,320 --> 00:59:36,560
military. 
The guys who go out there and 

1170
00:59:36,640 --> 00:59:41,520
and stand in the gap, go to 
foreign lands and and do the the

1171
00:59:41,520 --> 00:59:46,600
work of these people. 
You know they got to carry a lot

1172
00:59:46,600 --> 00:59:49,280
of bullshit with them for the 
rest of their freaking life 

1173
00:59:49,280 --> 00:59:52,520
because of that. 
Yeah, totally man. 

1174
00:59:53,080 --> 00:59:55,840
And you know, I think I'm 
pulling up your website so 

1175
00:59:55,840 --> 01:00:01,240
everyone can check it out. 
Go to bitcoinveterans.org guys, 

1176
01:00:01,240 --> 01:00:05,880
you guys can follow along. 
But I think to your point, you 

1177
01:00:05,880 --> 01:00:08,160
guys found such a good market 
niche. 

1178
01:00:08,600 --> 01:00:12,360
Because you guys are saying, I 
think for the most part veterans

1179
01:00:12,360 --> 01:00:14,960
are like you say, I love the 
meme that you have Alex of 

1180
01:00:14,960 --> 01:00:17,920
Sheepdogs. 
I think a lot of people do get 

1181
01:00:17,920 --> 01:00:20,120
in for the right reason of 
wanting to protect America, 

1182
01:00:20,120 --> 01:00:23,440
protect all the things that we 
love especially as Bitcoiners 

1183
01:00:23,960 --> 01:00:26,760
and to kind of realign their 
their operating system be like 

1184
01:00:26,760 --> 01:00:30,280
look guys the mission that you 
wanted is really in Bitcoin and 

1185
01:00:30,280 --> 01:00:33,560
this is what we're doing and I 
just love the community you guys

1186
01:00:33,560 --> 01:00:35,160
have built. 
I was on the phone with Mike 

1187
01:00:35,160 --> 01:00:38,480
Hobart last I think it was last 
Friday and he was telling me all

1188
01:00:38,480 --> 01:00:40,280
of your. 
I I think he kind of called him 

1189
01:00:40,280 --> 01:00:44,680
like decentralized signal groups
of I don't want to say sleeper 

1190
01:00:44,680 --> 01:00:47,880
cells everywhere but of like you
know you're different you guys 

1191
01:00:47,880 --> 01:00:51,960
have different groups for 
different areas so people can be

1192
01:00:51,960 --> 01:00:55,480
organizing everywhere across 
America and and you guys are 

1193
01:00:55,480 --> 01:00:58,000
even saying international. 
So can you talk about that? 

1194
01:00:58,000 --> 01:01:01,360
You guys aren't only a podcast 
but you guys are really building

1195
01:01:01,480 --> 01:01:05,200
a local you know bottom up 
community of veterans around the

1196
01:01:05,200 --> 01:01:08,640
world getting connected and 
organized and having great 

1197
01:01:08,640 --> 01:01:10,960
communication and great 
discussion. 

1198
01:01:10,960 --> 01:01:13,040
I I just absolutely love what 
you guys have been doing. 

1199
01:01:14,640 --> 01:01:16,360
Yeah. 
So there's a, there's a thing 

1200
01:01:16,360 --> 01:01:18,880
called the Dunbar number. 
And the Dunbar number basically 

1201
01:01:18,880 --> 01:01:21,920
is, is there a certain amount of
people that you once you re go 

1202
01:01:21,920 --> 01:01:25,240
past a certain number of people 
in an organization, you start to

1203
01:01:25,240 --> 01:01:27,560
lead, lose some of the cohesion,
you get to the point where 

1204
01:01:27,560 --> 01:01:29,720
people don't know each other as 
well, those types of things. 

1205
01:01:29,720 --> 01:01:33,160
So early on we agreed that we 
didn't want to have more than 

1206
01:01:33,160 --> 01:01:35,440
120 people in any particular 
group. 

1207
01:01:36,200 --> 01:01:38,520
So it started with as soon as we
started hitting the caps on 

1208
01:01:38,520 --> 01:01:41,920
these particular groups, we just
started adding more groups and 

1209
01:01:41,920 --> 01:01:45,320
currently we're up to quite a 
few and we have all these 

1210
01:01:45,320 --> 01:01:48,600
different initiatives. 
As it turns out, a lot of these 

1211
01:01:48,600 --> 01:01:51,920
guys are incredibly intelligent,
incredibly skilled. 

1212
01:01:52,280 --> 01:01:54,640
They have all kinds of stuff 
that they've learned from the 

1213
01:01:54,640 --> 01:01:58,560
military that like I tell you 
what, you don't want these guys 

1214
01:01:58,960 --> 01:02:02,200
on the other team in a forest 
plotting against you. 

1215
01:02:02,200 --> 01:02:06,080
Like for just as one example, we
have this one dude who is a 

1216
01:02:06,080 --> 01:02:10,480
former CITC, which is basically 
a cyber warfare, cryptologic 

1217
01:02:11,160 --> 01:02:13,720
kind of super smart dude that 
used to deploy with the SEAL 

1218
01:02:13,720 --> 01:02:15,680
teams and feed them intelligence
info. 

1219
01:02:16,000 --> 01:02:18,560
He's the guy that will, if 
you're transmitting with a radio

1220
01:02:18,560 --> 01:02:20,240
in the forest, he will fucking 
find you. 

1221
01:02:20,760 --> 01:02:24,520
So like these kind of guys are 
part of the organization and 

1222
01:02:24,520 --> 01:02:26,640
we've just got all these 
different initiatives that we're

1223
01:02:26,640 --> 01:02:29,920
building here, like the Citadel 
network. 

1224
01:02:29,920 --> 01:02:31,960
We've got this channel of a 
bunch of dudes who either own 

1225
01:02:31,960 --> 01:02:33,680
Citadel's or intend to own 
Citadel's. 

1226
01:02:34,160 --> 01:02:37,280
And these are not theoretical. 
You've heard this like Bitcoin 

1227
01:02:37,280 --> 01:02:41,560
Citadel's thing for years. 
These are not like dreams. 

1228
01:02:41,560 --> 01:02:43,400
These are happening. 
These guys are building these 

1229
01:02:43,400 --> 01:02:46,360
things right now and we have 
other guys who like the 

1230
01:02:46,360 --> 01:02:49,360
intention is to create a ham 
radio radio relay network all 

1231
01:02:49,360 --> 01:02:51,480
across the United States linking
these things together. 

1232
01:02:51,480 --> 01:02:53,320
So we're going to be doing that 
in Nashville. 

1233
01:02:53,320 --> 01:02:55,840
We're going to have this thing, 
what we call the the BV Citadel.

1234
01:02:55,840 --> 01:02:58,240
We're going to be testing people
to get qualified a ham radio 

1235
01:02:58,240 --> 01:03:00,800
that we're going to have 
breakout sessions teaching 

1236
01:03:00,800 --> 01:03:03,280
people about mesh tastic 
networks, which are basically 

1237
01:03:03,280 --> 01:03:05,240
off the grid networks that you 
can build in your local 

1238
01:03:05,240 --> 01:03:08,120
communities. 
So if the cell networks go down 

1239
01:03:08,120 --> 01:03:10,280
or whatever, you've got that 
point of resilience. 

1240
01:03:10,280 --> 01:03:15,320
We're going to have guys, 
they're doing contingency 

1241
01:03:15,320 --> 01:03:18,400
planning sessions. 
These are former military 

1242
01:03:18,400 --> 01:03:21,640
officers, graduates of West 
Point so on and so forth that 

1243
01:03:21,640 --> 01:03:25,000
that think adversarially and 
they're like, look, this is all 

1244
01:03:25,000 --> 01:03:26,440
the shit that can come against 
Bitcoin. 

1245
01:03:26,440 --> 01:03:28,000
Are you thinking about this 
stuff? 

1246
01:03:28,600 --> 01:03:31,320
And we want to get as many 
developers in there as possible 

1247
01:03:31,600 --> 01:03:35,240
to to kind of war game out best 
ways to defend against this kind

1248
01:03:35,240 --> 01:03:37,960
of stuff. 
We're going to have start nine 

1249
01:03:37,960 --> 01:03:41,240
in there that's going to be 
doing basically breakout 

1250
01:03:41,240 --> 01:03:44,760
sessions on how to use start 9 
servers, all the different 

1251
01:03:44,760 --> 01:03:48,640
things, man. 
Anyway, love it gambling there, 

1252
01:03:48,640 --> 01:03:50,120
but yeah. 
Dude, keep rambling. 

1253
01:03:50,120 --> 01:03:51,320
Keep rambling. 
It's great. 

1254
01:03:52,080 --> 01:03:56,160
One thing you did talk about the
citadels, and I don't wanna dox 

1255
01:03:56,160 --> 01:03:59,240
anyone on the show, but you guys
are very huge on local 

1256
01:03:59,240 --> 01:04:02,400
communities, so I'm gonna point 
to Shane. 

1257
01:04:02,640 --> 01:04:05,040
Can you elaborate on the idea of
local communities? 

1258
01:04:05,040 --> 01:04:07,240
Obviously we talk about it here 
on the show all the time, bottom

1259
01:04:07,240 --> 01:04:11,000
up, going local, making sure 
that you, you know, know your 

1260
01:04:11,000 --> 01:04:12,600
neighbor like a very simple 
thing. 

1261
01:04:12,600 --> 01:04:15,480
Like talk to your neighbors and 
make sure that you get more 

1262
01:04:15,480 --> 01:04:18,280
people around you on board with 
what we're talking about. 

1263
01:04:18,280 --> 01:04:21,320
Because This is why Nico and I 
always talk about getting 

1264
01:04:21,600 --> 01:04:24,600
meeting bitcoiners in meet space
because like, it's cool having 

1265
01:04:24,600 --> 01:04:27,480
communication on Twitter and all
that, but it's a totally 

1266
01:04:27,480 --> 01:04:29,760
different vibe when you hang out
with people in real life. 

1267
01:04:29,760 --> 01:04:32,240
You know that there's people in 
your neighborhood that are also 

1268
01:04:32,240 --> 01:04:36,000
like minded, like you're not as 
strong being a lone wolf. 

1269
01:04:36,000 --> 01:04:38,640
You need a community of like 
minded individuals around you. 

1270
01:04:39,040 --> 01:04:42,440
Hell yeah. 
And and and you you breed like I

1271
01:04:42,440 --> 01:04:44,720
think it was some somebody in 
the comments says this is not a 

1272
01:04:44,720 --> 01:04:45,680
niche. 
It's a light. 

1273
01:04:46,640 --> 01:04:49,480
We've got these skill sets. 
You know, I was a, you know, 

1274
01:04:49,480 --> 01:04:52,480
Marine Recon guy. 
We've got Green Berets, we've 

1275
01:04:52,480 --> 01:04:54,560
got Navy Seals. 
We've got all these guys who 

1276
01:04:54,560 --> 01:05:00,320
have done inland warfare through
Iraq and Afghanistan where a lot

1277
01:05:00,320 --> 01:05:03,640
of what we did was we adopted 
the Green Beret mission, right? 

1278
01:05:03,640 --> 01:05:05,920
It was, it was indigenous force 
multiplication. 

1279
01:05:05,920 --> 01:05:07,800
For anybody that doesn't speak 
military. 

1280
01:05:08,000 --> 01:05:10,280
That just means you go into a 
local population, sent you 

1281
01:05:10,280 --> 01:05:13,520
identify some leaders in that 
set and then you start working 

1282
01:05:13,520 --> 01:05:15,800
on them, developing these 
relationships, you know, 

1283
01:05:15,800 --> 01:05:19,880
reaching out, maybe offering a 
help or hand establishing, you 

1284
01:05:19,880 --> 01:05:22,320
know, who might be these, you 
know, their players, what are 

1285
01:05:22,320 --> 01:05:25,000
their skills, what kind of 
resources do they have. 

1286
01:05:25,320 --> 01:05:27,880
And at that point when you can 
start to do that and you 

1287
01:05:27,920 --> 01:05:30,760
actually have a a format for 
doing that, a blueprint for 

1288
01:05:30,760 --> 01:05:33,520
doing that, you've done it 
successfully in non permissive 

1289
01:05:33,520 --> 01:05:35,040
environments. 
When you come into your own 

1290
01:05:35,040 --> 01:05:38,040
community, your own neighborhood
and and building your own 

1291
01:05:38,040 --> 01:05:40,960
Citadel's, trading with local 
ranchers, farmers and things 

1292
01:05:40,960 --> 01:05:44,040
like that, talking to them about
Bitcoin and freedom first, a lot

1293
01:05:44,040 --> 01:05:47,920
of times meeting them where 
they're at, you start to see the

1294
01:05:47,920 --> 01:05:51,360
the fruit of these discussions. 
So quickly you'll you'll start, 

1295
01:05:51,600 --> 01:05:54,080
you know, having bourbon nights.
You'll start having dinners 

1296
01:05:54,080 --> 01:05:57,240
together maybe you know talking 
to people about you know owning 

1297
01:05:57,240 --> 01:05:59,520
a couple of chickens or 
something just, you know local 

1298
01:05:59,520 --> 01:06:02,520
homesteading maybe even 
homeschooling like my, you know,

1299
01:06:02,520 --> 01:06:04,480
my family's into into both of 
those things. 

1300
01:06:04,480 --> 01:06:06,640
My wife is you know an amazing 
homeschooler. 

1301
01:06:06,640 --> 01:06:11,880
So you start to normalize all 
these ideas and and and action 

1302
01:06:11,880 --> 01:06:16,000
items that we, you know, we want
as Bitcoiners and it starts to 

1303
01:06:16,000 --> 01:06:20,280
pull together a community in a 
in a way that I think is is 

1304
01:06:20,280 --> 01:06:22,360
palpable. 
You actually see the results. 

1305
01:06:22,360 --> 01:06:25,600
And so yeah, these guys have 
done an amazing job and I, I 

1306
01:06:25,600 --> 01:06:26,560
mean you know, I don't want to 
dox. 

1307
01:06:26,560 --> 01:06:29,640
Anyway, I'll tell you, this is 
happening all around the US 

1308
01:06:29,640 --> 01:06:32,240
right now and we're gonna talk 
about it a lot in Nashville. 

1309
01:06:32,240 --> 01:06:35,760
So back in the Citadel room, if 
you're going to be in Nashville 

1310
01:06:36,040 --> 01:06:38,640
and maybe you're a Bitcoin 
veteran or Bitcoin adjacent, you

1311
01:06:38,640 --> 01:06:41,800
can get in contact with us. 
We'll get you in there for a big

1312
01:06:41,800 --> 01:06:44,720
discount. 
But yeah, this this move to 

1313
01:06:44,720 --> 01:06:48,720
create orange communities out 
there through Bitcoin veterans, 

1314
01:06:48,720 --> 01:06:52,480
it's it's happening now and it 
is absolutely amazing to watch 

1315
01:06:52,720 --> 01:06:56,800
these these communities start to
gravitate around these guys who 

1316
01:06:56,840 --> 01:06:59,240
have seen a thing or two and 
know if this thing or two 

1317
01:06:59,240 --> 01:07:00,720
because of what they've done 
overseas. 

1318
01:07:01,720 --> 01:07:03,480
Amazing. 
Dude, I mean it. 

1319
01:07:03,480 --> 01:07:09,080
It's it's it's it's it's very 
important to have these 

1320
01:07:09,080 --> 01:07:12,800
communities that you guys have 
built, like the these this 

1321
01:07:12,800 --> 01:07:17,200
network of people that you can 
reach out to and they can rely 

1322
01:07:17,200 --> 01:07:20,680
on you, you can rely on them. 
It's incredibly important. 

1323
01:07:20,680 --> 01:07:24,480
And you know, of course I'm not 
a veteran, never went to war, 

1324
01:07:24,680 --> 01:07:29,760
but you know, I think I've, I 
love reading about history, 

1325
01:07:29,760 --> 01:07:31,080
right. 
And one of the things that I've 

1326
01:07:31,080 --> 01:07:34,400
noticed is that when you go 
through conflict with with with 

1327
01:07:34,520 --> 01:07:37,160
with your brothers, you you 
start to build a very, very 

1328
01:07:37,160 --> 01:07:40,520
special bond that I I don't 
think that you can you can build

1329
01:07:40,520 --> 01:07:42,480
in any other type of scenario, 
right. 

1330
01:07:43,480 --> 01:07:46,560
So you know the fact that you 
guys have been able to do this I

1331
01:07:46,560 --> 01:07:51,240
think is, is very important and 
not to say anything too direct, 

1332
01:07:51,240 --> 01:07:55,080
but I think you know over the 
next couple of years you know 

1333
01:07:55,080 --> 01:07:58,520
this, you know as as the 
separation of money and state 

1334
01:07:58,520 --> 01:08:01,760
accelerates, you know I think 
these types of communities are, 

1335
01:08:01,760 --> 01:08:06,320
are, are are vital for, for our 
cause anyways. 

1336
01:08:06,760 --> 01:08:11,200
Can I can I say one thing to 
that really quickly is that, 

1337
01:08:11,200 --> 01:08:13,520
yeah, I think you're right. 
Like when you get guys in 

1338
01:08:13,520 --> 01:08:16,040
difficult circumstances, they 
build really strong bonds. 

1339
01:08:16,040 --> 01:08:18,560
So that is true about dudes 
who've been in combat together. 

1340
01:08:18,840 --> 01:08:21,319
And then all these veterans, 
regardless of service, have that

1341
01:08:21,319 --> 01:08:23,359
kind of thing going on. 
But I also want to say that, 

1342
01:08:23,359 --> 01:08:26,160
like part of what I see for 
Bitcoin veterans going forward 

1343
01:08:26,160 --> 01:08:29,920
in the future is, is that taking
guys who weren't military and 

1344
01:08:29,920 --> 01:08:33,120
doing things where where you 
face adversity together and you 

1345
01:08:33,160 --> 01:08:35,520
you can build those bonds with 
dudes who've been through all 

1346
01:08:35,520 --> 01:08:38,640
that kind of stuff too with guys
who aren't, haven't been through

1347
01:08:38,640 --> 01:08:40,800
that kind of stuff because we 
just need to. 

1348
01:08:40,800 --> 01:08:43,200
I think I think that's a big 
thing that's missing in in 

1349
01:08:43,200 --> 01:08:46,560
Western culture is the ability 
to get around dudes who are 

1350
01:08:46,560 --> 01:08:50,160
basically warrior archetypes. 
When you're not a warrior 

1351
01:08:50,160 --> 01:08:53,319
archetype and sort of just hang 
out and learn things right, get 

1352
01:08:53,319 --> 01:08:56,080
to get it. 
It's a it's an opportunity to 

1353
01:08:56,080 --> 01:08:59,920
maybe if you're interested in 
doing that learn some stuff 

1354
01:09:00,160 --> 01:09:02,600
whether that's survival skills 
where there's weren't going out 

1355
01:09:02,600 --> 01:09:05,279
on the range learn how to shoot.
Whether it's just like how do 

1356
01:09:05,279 --> 01:09:07,479
these dudes approach life? 
Like a what how does this dude 

1357
01:09:07,479 --> 01:09:09,520
approach his his citadel, what's
he doing? 

1358
01:09:09,520 --> 01:09:11,520
Like how is he raising his 
family, all these different 

1359
01:09:11,520 --> 01:09:13,680
kinds of things. 
Like if you have an interest in 

1360
01:09:13,680 --> 01:09:17,439
that, I I I think it's really 
important that BV continues to 

1361
01:09:17,439 --> 01:09:20,040
not just grow with wet veterans,
but everybody else. 

1362
01:09:20,479 --> 01:09:21,760
We want to interact with 
everybody. 

1363
01:09:22,479 --> 01:09:23,520
Absolutely. 
Love it. 

1364
01:09:23,520 --> 01:09:25,399
Love it. 
Incredibly important. 

1365
01:09:25,399 --> 01:09:28,720
It's it's a it's a brotherhood. 
It's very important guys. 

1366
01:09:28,720 --> 01:09:30,479
Go check out Bitcoin. 
Yeah, yeah. 

1367
01:09:30,479 --> 01:09:34,040
Wait, Nico, before we go on 
veterans, how do people contact 

1368
01:09:34,040 --> 01:09:35,920
you? 
Like what? 

1369
01:09:35,920 --> 01:09:38,640
What's that whole process like? 
Do you guys vet people? 

1370
01:09:38,840 --> 01:09:41,880
Do you vet the vets or just is 
everyone allowed here? 

1371
01:09:43,479 --> 01:09:48,600
Yeah, we we vet people, but we 
just do so in a way that it it's

1372
01:09:48,600 --> 01:09:51,040
like we'll have conversation 
with them and it's pretty 

1373
01:09:51,040 --> 01:09:52,880
obvious if somebody's not a 
veteran, but if you're a 

1374
01:09:52,880 --> 01:09:54,800
civilian, that's OK We have 
what? 

1375
01:09:54,800 --> 01:09:59,040
I mean, we have these this thing
called this civilian auxiliary 

1376
01:09:59,040 --> 01:10:01,360
division, like if you want to 
get involved with Bitcoin 

1377
01:10:01,360 --> 01:10:03,560
veterans, you can, even as a 
civilian if you want. 

1378
01:10:03,560 --> 01:10:05,560
And then if you're interested in
different things that we're 

1379
01:10:05,560 --> 01:10:08,720
doing, we're more than happy to 
have you involved. 

1380
01:10:09,280 --> 01:10:12,000
So, Bitcoin veterans.org. 
You can also check us out on 

1381
01:10:12,000 --> 01:10:14,280
Twitter at Bitcoin Veterans. 
Yeah. 

1382
01:10:14,280 --> 01:10:17,240
And and I'll add to that too is 
you know if if you're cautious 

1383
01:10:17,240 --> 01:10:21,600
about this, this group in terms 
of what we're about, it is peace

1384
01:10:21,600 --> 01:10:24,520
first. 
You know that that is the main 

1385
01:10:24,520 --> 01:10:26,800
thing is anybody coming into 
these, they get briefs. 

1386
01:10:27,520 --> 01:10:30,040
This is a peaceful revolution. 
This is the way we're headed. 

1387
01:10:30,040 --> 01:10:32,680
If you're not on board with 
that, then you can get the hell 

1388
01:10:32,680 --> 01:10:35,720
out of here. 
Secondly is don't worry about 

1389
01:10:35,720 --> 01:10:38,720
not being the veteran, right? 
Is this, this is an extremely 

1390
01:10:38,720 --> 01:10:41,280
accepting crowd. 
We know we need civilians out 

1391
01:10:41,280 --> 01:10:44,680
there, and we know there are the
warrior archetypes, like Alex 

1392
01:10:44,680 --> 01:10:47,240
was saying, that are in the 
civilian population that didn't 

1393
01:10:47,280 --> 01:10:50,200
waste a lot of their time and 
effort in the military like a 

1394
01:10:50,200 --> 01:10:53,760
lot of us did. 
Don't feel like you're behind. 

1395
01:10:53,760 --> 01:10:55,640
It's just one of those things 
where we want to incorporate 

1396
01:10:55,640 --> 01:10:57,880
you, we want to get you involved
and we want you on the mission 

1397
01:10:57,880 --> 01:10:59,680
with us because that's what 
we're going to need to grow. 

1398
01:11:00,800 --> 01:11:01,680
Love it. 
Love it. 

1399
01:11:01,720 --> 01:11:04,640
OK, Nico, I know you're trying 
to get to the meme review in 

1400
01:11:04,640 --> 01:11:08,080
the, you know, because of time, 
but I do want to give Shane and 

1401
01:11:08,080 --> 01:11:11,560
Alex the final two sets. 
It could be about veterans. 

1402
01:11:11,560 --> 01:11:13,320
It could be about life, about 
Bitcoin. 

1403
01:11:13,440 --> 01:11:15,800
What's the last message you want
to leave with the audience? 

1404
01:11:18,040 --> 01:11:20,200
Well, first of all, thanks for 
having us on the show. 

1405
01:11:20,560 --> 01:11:22,800
This is an amazing platform. 
You guys have done a hell of a 

1406
01:11:22,800 --> 01:11:25,000
job. 
I think you guys understand that

1407
01:11:25,000 --> 01:11:26,760
if they're fighting us, we're on
target. 

1408
01:11:26,760 --> 01:11:30,520
So just keep up all the 
pressure, the mimetic warfare 

1409
01:11:30,520 --> 01:11:33,640
that you guys do over here at 
Simply Bitcoin, it's working. 

1410
01:11:33,760 --> 01:11:36,600
I mean everything you can do to 
ridicule these people in their 

1411
01:11:36,600 --> 01:11:40,960
place and then you know make 
sure that they are are seen 

1412
01:11:40,960 --> 01:11:43,560
under their own weight for the 
lies and everything else they 

1413
01:11:44,080 --> 01:11:47,160
you know, put on the the 
population, make sure that you 

1414
01:11:47,160 --> 01:11:50,880
just keep, keep pressing, keep 
moving, be smart about it. 

1415
01:11:50,880 --> 01:11:53,720
But yeah, you guys are all over 
the target. 

1416
01:11:54,520 --> 01:11:56,080
Appreciate that, dude. 
Appreciate that. 

1417
01:11:56,840 --> 01:11:59,840
Yeah, just a a quick final 
comment on that on stuff is is 

1418
01:11:59,840 --> 01:12:04,560
that like for me I'm just going 
to say that I, I, I will not 

1419
01:12:04,560 --> 01:12:07,600
abide a future where my kids 
don't know freedom full stop. 

1420
01:12:07,960 --> 01:12:12,480
And I, and I think Bitcoin is 
the best weapon we have to fight

1421
01:12:12,480 --> 01:12:15,400
a peaceful revolution. 
This is the mission, like I 

1422
01:12:15,400 --> 01:12:17,920
believe any everybody needs to 
understand what Bitcoin is. 

1423
01:12:17,920 --> 01:12:21,160
So like our our goal. 
All of us as bitcoiners, you 

1424
01:12:21,160 --> 01:12:24,360
guys, many of you heard me say 
this kind of stuff before is our

1425
01:12:24,360 --> 01:12:27,440
goal should be to spread the 
word like that is the mission. 

1426
01:12:27,440 --> 01:12:28,600
Get on the mission. 
That's it. 

1427
01:12:29,280 --> 01:12:30,280
Absolutely. 
Beautiful. 

1428
01:12:30,280 --> 01:12:31,280
Wait, Hold on, Mika. 
Hold on. 

1429
01:12:35,080 --> 01:12:36,960
Oh yeah. 
All right guys, we still got the

1430
01:12:36,960 --> 01:12:38,760
meme review. 
It is Meme review Friday. 

1431
01:12:39,000 --> 01:12:42,040
There's 1000. 
We broke 1000 live viewers 

1432
01:12:42,040 --> 01:12:44,920
between YouTube, Rumble and X. 
If you guys are enjoying the 

1433
01:12:44,920 --> 01:12:48,160
show, smash the like button 
really, really helps with the 

1434
01:12:48,160 --> 01:12:50,160
algos. 
All right, everybody, let's get 

1435
01:12:50,160 --> 01:12:55,440
to the meme review. 
Opti's Friday Meme Review. 

1436
01:13:00,360 --> 01:13:05,080
We gotta do Sophie's voice, bro.
You know, I knew you were gonna 

1437
01:13:05,080 --> 01:13:07,080
say that. 
I knew you were gonna say that. 

1438
01:13:07,080 --> 01:13:10,680
But my voice is so sultry. 
It's so it just it fills me up 

1439
01:13:10,680 --> 01:13:13,680
with joy in there. 
These Friday I mean bro like 

1440
01:13:15,040 --> 01:13:18,320
Christy, Lagarde, Augustine and 
Brian must have liked your voice

1441
01:13:18,320 --> 01:13:21,000
so. 
Hey, you know, I may not have a 

1442
01:13:21,000 --> 01:13:25,120
face for TV, but I do have a 
voice for radio, so I'll, I will

1443
01:13:25,120 --> 01:13:26,600
take it. 
OK. 

1444
01:13:29,240 --> 01:13:32,360
Anyways, guys, you guys have 
been yelling at me all day. 

1445
01:13:32,360 --> 01:13:35,240
You guys are putting pressure on
me for the Friday meme review. 

1446
01:13:35,480 --> 01:13:38,800
I get it, I get it. 
Keep tagging me on Twitter, drop

1447
01:13:38,800 --> 01:13:40,480
them in a telegram group. 
But if you drop them in the 

1448
01:13:40,480 --> 01:13:42,040
telegram group, guys, will you 
tag me? 

1449
01:13:42,040 --> 01:13:44,280
Because there's there's a lot of
messages in there. 

1450
01:13:44,520 --> 01:13:47,240
So I I don't catch all the memes
in there, but if you want it 

1451
01:13:47,760 --> 01:13:51,480
your meme to get on the show, 
tag me in Telegram or tag us on 

1452
01:13:51,480 --> 01:13:55,720
Twitter and I'll bring them on. 
You guys already know the deal. 

1453
01:13:56,520 --> 01:13:58,400
We are. 
What do you say, Nico? 

1454
01:13:58,400 --> 01:14:01,840
Narrative trench warfare. 
You guys are frontline soldiers.

1455
01:14:01,840 --> 01:14:04,000
Tweets are the bull, Memes are 
the artillery. 

1456
01:14:04,000 --> 01:14:04,880
Yeah, let me. 
Let me do it. 

1457
01:14:04,880 --> 01:14:05,680
Let me do it. 
Let me do it. 

1458
01:14:06,160 --> 01:14:08,280
I did it. 
This is narrative trench warfare

1459
01:14:08,280 --> 01:14:11,040
on the this is narrative trench 
warfare on the battlegrounds of 

1460
01:14:11,040 --> 01:14:14,200
the Internet. 
If of if tweets are, well, if 

1461
01:14:14,200 --> 01:14:16,280
tweets are bullets. 
Memes are artillery. 

1462
01:14:16,280 --> 01:14:19,120
Let's pull them on. 
Did a lot better live on stage, 

1463
01:14:19,280 --> 01:14:21,040
but anyway, yeah, something 
like, whatever. 

1464
01:14:21,040 --> 01:14:23,560
Something like. 
Anyways, continue to ridicule 

1465
01:14:23,560 --> 01:14:26,040
the corporate press. 
Continue to get the calls of 

1466
01:14:26,040 --> 01:14:29,400
actions out there and continue 
to make the funnies so your 

1467
01:14:29,400 --> 01:14:31,840
friends head stay in the game. 
Okay. 

1468
01:14:32,000 --> 01:14:35,120
First one is by our actually, I 
just realized there's a lot of 

1469
01:14:35,120 --> 01:14:38,560
nepotism on today's meme review.
So hey, it is what it is. 

1470
01:14:38,560 --> 01:14:41,200
It is what it is. 
First one is Rustin, our boy 

1471
01:14:41,200 --> 01:14:43,960
Rustin. 
Go watch his Simply Originals. 

1472
01:14:43,960 --> 01:14:47,080
He's been killing it on our 
channel. 10 minute clips. 

1473
01:14:47,760 --> 01:14:50,720
Absolutely hilarious. 
Probably has the best voice in 

1474
01:14:50,720 --> 01:14:52,840
Bitcoin creation, in content 
creation. 

1475
01:14:52,840 --> 01:14:55,240
He's a character. 
Love him all right so at SATS 

1476
01:14:55,240 --> 01:14:58,440
for live on Twitter and he just 
goes let go and we got a girl 

1477
01:14:58,440 --> 01:15:01,640
here on her phone and she goes, 
Oh my God, what the hell is 

1478
01:15:01,640 --> 01:15:02,760
happening in the world right 
now. 

1479
01:15:02,760 --> 01:15:06,320
And then we got Ron Paul on a 
computer and he goes exactly 

1480
01:15:06,320 --> 01:15:09,200
what the fuck I was told. 
I told you was going to happen 

1481
01:15:09,200 --> 01:15:13,320
14 years ago and you can see 
grocery prices 70%, gas prices 

1482
01:15:13,320 --> 01:15:17,680
up 67%, housing costs up 53%, 
and wars of 100. 

1483
01:15:17,760 --> 01:15:19,480
Where is that? 
All right, great, great. 

1484
01:15:19,680 --> 01:15:22,360
Next one's my boy Rope, AKA at 
Ropeium on Twitter. 

1485
01:15:22,360 --> 01:15:26,040
And he goes, fair warning and 
this is the classic office meme.

1486
01:15:26,200 --> 01:15:28,720
I forget what the guy's name is.
Yeah. 

1487
01:15:28,720 --> 01:15:31,600
Jim, he's he's pointing at the 
whiteboard and he goes learn 

1488
01:15:31,600 --> 01:15:34,960
about Bitcoin then consider 
buying some and then take it 

1489
01:15:34,960 --> 01:15:39,160
into self custody before the 
only way you can acquire it is 

1490
01:15:39,320 --> 01:15:43,480
to work for Bitcoin. 
It's it's looking that way. 

1491
01:15:43,640 --> 01:15:45,800
All right. 
Next one, my boys over at orange

1492
01:15:45,800 --> 01:15:49,360
label and this is a classic guy 
in the corner looking at 

1493
01:15:49,360 --> 01:15:52,640
everyone partying and they don't
know meme and today he's got an 

1494
01:15:52,640 --> 01:15:55,440
FBI hat and he goes, they don't 
know they're all unlicensed 

1495
01:15:55,440 --> 01:15:58,840
money transmitters guys. 
We're all unlicensed money 

1496
01:15:58,840 --> 01:16:01,120
transmitter. 
Your wallet is an unlicensed 

1497
01:16:01,120 --> 01:16:03,240
money transmitter at this point.
OK. 

1498
01:16:03,240 --> 01:16:07,200
This next one is is actually 
let's let's give wine double, 

1499
01:16:07,200 --> 01:16:09,560
double memes today because he 
yells at me all the time. 

1500
01:16:09,800 --> 01:16:12,680
So first one, nothing there. 
But at Wine it gets on Twitter 

1501
01:16:13,320 --> 01:16:17,280
and he's got 1/4 and it goes 
flips 256 times, come and take 

1502
01:16:17,280 --> 01:16:21,000
it And then the next one is 
after 255 coin flips. 

1503
01:16:21,360 --> 01:16:24,520
If you flip that coin one more 
time, I'll arrest you. 

1504
01:16:24,760 --> 01:16:27,040
And we got the classic, I think 
it is Pixar. 

1505
01:16:27,040 --> 01:16:29,000
I don't know what that is, but 
there's a cop running at you 

1506
01:16:29,240 --> 01:16:30,720
guys. 
We're criminals for flipping 

1507
01:16:30,720 --> 01:16:32,680
coins here. 
I'm going, I'm actually going 

1508
01:16:32,680 --> 01:16:35,360
super hard today on last week's 
news. 

1509
01:16:35,360 --> 01:16:38,680
So Nico, forgive me, but it is 
what it is. 

1510
01:16:38,840 --> 01:16:42,600
This next one is Pedro at 
retweet and we got the classic 

1511
01:16:42,600 --> 01:16:48,200
psyop fed boys at the the 
protests here and it goes. 

1512
01:16:48,200 --> 01:16:50,560
Hey man, want to do a 
peer-to-peer coin join with me. 

1513
01:16:50,920 --> 01:16:54,440
Oh man, absolutely incredible. 
And the last one I got to give 

1514
01:16:54,440 --> 01:16:57,240
Cynthia Lummus a shout out. 
Come and take it with the 

1515
01:16:57,240 --> 01:17:00,400
Bitcoin logo. 
This is the way, this is the 

1516
01:17:00,400 --> 01:17:02,000
way. 
All right guys, you already know

1517
01:17:02,000 --> 01:17:03,800
the deal. 
Drop your meme review score in 

1518
01:17:03,800 --> 01:17:05,920
the chat and we will cover ours 
live. 

1519
01:17:05,920 --> 01:17:08,000
Or cover yours live and ours 
live. 

1520
01:17:08,400 --> 01:17:12,320
So we'll give you some time. 
But in the meantime, Nico, what 

1521
01:17:12,320 --> 01:17:15,080
is your meme review score? 
Oh man. 

1522
01:17:15,080 --> 01:17:17,400
I mean, I don't think I'm. 
I'm prepared. 

1523
01:17:17,400 --> 01:17:18,520
All right, I'm ready. 
I'm ready. 

1524
01:17:18,520 --> 01:17:22,000
All right, I got some some 
orange juice here, but it's not 

1525
01:17:22,000 --> 01:17:24,720
orange juice. 
It's actually carrot juice cause

1526
01:17:24,720 --> 01:17:27,080
apparently it's like good for my
gut or something. 

1527
01:17:27,080 --> 01:17:28,680
I don't know. 
I'm, I'm, I'm trying to figure 

1528
01:17:28,680 --> 01:17:30,840
out my diet here. 
Your your boy's been breaking 

1529
01:17:30,840 --> 01:17:32,800
out a little too much. 
I'm trying to figure this out. 

1530
01:17:33,040 --> 01:17:36,360
OK, so let's go to Shane. 
What is your meme review score? 

1531
01:17:36,760 --> 01:17:40,600
5 out of 510 out of 10 OK on a 
Friday afternoon. 

1532
01:17:41,080 --> 01:17:43,720
Let's go. 
Yeah, so all you guys in the 

1533
01:17:43,720 --> 01:17:45,920
chat telling me I need to step 
up my meme review? 

1534
01:17:45,920 --> 01:17:48,760
Shane says I killed it. 
OK, all right. 

1535
01:17:48,800 --> 01:17:50,320
Alex, what's your meme review 
score? 

1536
01:17:50,600 --> 01:17:53,400
Yeah, I'm going to give those 
memes one. 

1537
01:17:55,400 --> 01:17:59,560
Call it 9MM. 
Metaphorically. 

1538
01:17:59,560 --> 01:18:01,680
Metaphorically, as an ECO, he 
says. 

1539
01:18:01,720 --> 01:18:04,800
Metaphorically. 9mm bullet. 
There goes YouTube. 

1540
01:18:07,000 --> 01:18:07,960
I don't know. 
I don't know. 

1541
01:18:08,240 --> 01:18:11,720
How do you scurry YouTube Wait. 
Wait, it wasn't. 

1542
01:18:11,840 --> 01:18:13,560
A That wasn't a. 
That wasn't a weapon. 

1543
01:18:13,560 --> 01:18:15,160
That was a. 
That wasn't a weapon, dude. 

1544
01:18:15,160 --> 01:18:18,040
Can you do the click again near 
more near the microphone? 

1545
01:18:20,320 --> 01:18:22,080
Oh, there we go. 
Got that? 

1546
01:18:22,080 --> 01:18:25,720
Simply Bitcoin bet Bitcoin 
veterans ASMR. OK, there we go. 

1547
01:18:25,720 --> 01:18:28,800
All right, Nico, what are you 
pulling out of the junk drawer? 

1548
01:18:28,840 --> 01:18:33,200
I'm going to give it an orange 
Bitcoin pill pin. 

1549
01:18:34,000 --> 01:18:35,760
That's nice. 
Yeah, yeah, That's. 

1550
01:18:35,760 --> 01:18:37,240
That's a good one. 
That's a good one. 

1551
01:18:37,240 --> 01:18:37,840
That's. 
My score. 

1552
01:18:38,760 --> 01:18:41,280
OK, let's see. 
Let me see. 

1553
01:18:41,720 --> 01:18:44,080
Some of these were dropped a 
little too early before the 

1554
01:18:44,080 --> 01:18:46,120
show. 
So re drop them now so that I 

1555
01:18:46,120 --> 01:18:51,160
can get to them. 
Let's see where is the first 

1556
01:18:51,160 --> 01:18:52,320
one. 
Where is there? 

1557
01:18:52,320 --> 01:18:55,480
We get someone rumble, dude. 
OK, here we go. 

1558
01:18:55,480 --> 01:18:56,760
Here we go. 
Cue the music, bro. 

1559
01:18:56,760 --> 01:18:58,320
Cue the music. 
There we go. 

1560
01:18:58,600 --> 01:19:01,960
All right, Keith, I give the 
memes a cup of coffee that Alex 

1561
01:19:02,000 --> 01:19:07,120
Jones drinks before he recites 
from the From the Ancients. 

1562
01:19:08,560 --> 01:19:12,040
All right, next one from Elaine.
Bitcoin screams when every theme

1563
01:19:12,040 --> 01:19:15,120
becomes a meme on every stream. 
This is not a dream. 

1564
01:19:16,080 --> 01:19:17,960
They wanna. 
They want the hour meme review 

1565
01:19:17,960 --> 01:19:21,080
show, Nico. 
Wow, OK you and wine can host 

1566
01:19:21,080 --> 01:19:24,880
that. 
OK, JH my girl on rumble. 

1567
01:19:25,200 --> 01:19:29,960
JH My girlfriend gives these 
memes one come and take it very.

1568
01:19:30,520 --> 01:19:31,480
Good. 
Very good. 

1569
01:19:31,680 --> 01:19:35,960
All right, Matt Fry, I rate the 
memes. 4 chickens to freedom. 

1570
01:19:36,800 --> 01:19:41,600
What winekas bullying. 
Opti is not a meme. 

1571
01:19:41,600 --> 01:19:43,200
It's life. 
Oh my God. 

1572
01:19:43,280 --> 01:19:45,280
That's hilarious. 
Yes, this is true. 

1573
01:19:45,280 --> 01:19:51,000
OK Tora paddle meme score is the
BTC Vets YouTube intro. 

1574
01:19:51,360 --> 01:19:52,880
All right. 
Also, Nico, they're telling us 

1575
01:19:52,880 --> 01:19:55,760
we need to update our intro 
'cause they're killing us on 

1576
01:19:55,760 --> 01:19:57,600
their intro. 
Huh. 

1577
01:19:58,640 --> 01:20:01,520
I'll tell you later. 
Okay sat wise jinx. 

1578
01:20:01,520 --> 01:20:05,400
I give the memes Nico and Opti 
providing pure signal every day.

1579
01:20:05,400 --> 01:20:06,720
Thank you bro. 
Appreciate it. 

1580
01:20:07,560 --> 01:20:11,720
Next one we got UT XO. 
I give the memes 100% organic 

1581
01:20:11,720 --> 01:20:13,480
diet for clear skin. 
Okay. 

1582
01:20:14,080 --> 01:20:16,120
Guys, I love bread. 
I'm sorry, T was. 

1583
01:20:16,640 --> 01:20:20,480
Samurai Dachs and proud of it. 
It says getting super high with 

1584
01:20:20,480 --> 01:20:24,680
my are. 
You not reading it? 

1585
01:20:26,600 --> 01:20:29,040
Matthew J. 
Meme Review score I give the 

1586
01:20:29,040 --> 01:20:33,120
memes one Bitcoin veterans flag 
to plant in DC peacefully. 

1587
01:20:34,440 --> 01:20:38,280
Next one, Robert Schmidt gives 
the memes a spicy Italian 

1588
01:20:38,280 --> 01:20:42,240
sausage with kraut and cheese. 
That sounds delicious. 

1589
01:20:42,560 --> 01:20:45,840
Come up with this Multi stacker 
10/10. 

1590
01:20:45,840 --> 01:20:49,080
This is the way face fusha 
tongue out. 

1591
01:20:49,120 --> 01:20:53,920
OK this knock and meme score. 
No clue what to say but need to 

1592
01:20:53,920 --> 01:21:03,080
fill the score. 
OK and Mac half are an army of 

1593
01:21:03,080 --> 01:21:06,320
veterans with a new mission to 
hold the line against tyranny. 

1594
01:21:06,600 --> 01:21:08,960
Primary weapon of choice? 
Bitcoin. 

1595
01:21:09,320 --> 01:21:13,240
Just Bitcoin. 
Hey, OK we ran out on YouTube, 

1596
01:21:13,240 --> 01:21:15,440
but I, I wait, wait, let's do 
Rumble. 

1597
01:21:15,440 --> 01:21:18,240
Just let's show rumble some of 
so idle threat. 

1598
01:21:18,240 --> 01:21:21,800
He goes meme review today. 
No Nico wet blanket this week. 

1599
01:21:23,480 --> 01:21:26,640
Don Bali meme score. 
Get the Bitcoin from my cold 

1600
01:21:26,640 --> 01:21:27,840
storage. 
MF first. 

1601
01:21:28,920 --> 01:21:30,320
Yeah, OK, there we go. 
There we go. 

1602
01:21:31,400 --> 01:21:36,040
Oops, wrong one. 
All right, we, we, we it's the 

1603
01:21:36,040 --> 01:21:37,480
buzzer. 
We don't run out of scores. 

1604
01:21:37,480 --> 01:21:39,760
It's always the buzzer. 
Anyways, guys, thank you so much

1605
01:21:39,760 --> 01:21:41,720
for tuning in to Simply Bitcoin 
Live this week. 

1606
01:21:41,720 --> 01:21:43,120
We made it through the week 
guys. 

1607
01:21:43,120 --> 01:21:45,240
Have an amazing weekend. 
I'm your host, Nico. 

1608
01:21:45,240 --> 01:21:47,120
It's my legendary Co host 
Optimus Fields. 

1609
01:21:47,120 --> 01:21:51,400
Our guest today, Alex Stanczak 
and Shane Hazel from the Bitcoin

1610
01:21:51,400 --> 01:21:52,640
veterans. 
Gentlemen, why don't you tell 

1611
01:21:52,640 --> 01:21:54,920
everybody where they can find 
you on the interwebs? 

1612
01:21:56,280 --> 01:21:59,520
Bitcoinveterans.org guys, you 
can drop us the line and we 

1613
01:21:59,560 --> 01:22:01,360
really appreciate the platform. 
Thank you guys. 

1614
01:22:02,000 --> 01:22:03,840
And I appreciate you guys for 
coming on. 

1615
01:22:03,840 --> 01:22:05,360
All right guys have an amazing 
weekend. 

1616
01:22:05,360 --> 01:22:09,480
If you guys enjoyed the content 
like subscribe and share the 

1617
01:22:09,480 --> 01:22:12,440
content, share Bitcoin content, 
we we we got to win this. 

1618
01:22:12,440 --> 01:22:14,640
Anyways, guys, let's. 
Take some grass this weekend 

1619
01:22:14,640 --> 01:22:15,240
guys. 
Yeah. 

1620
01:22:15,240 --> 01:22:17,880
One last message from our guest.
See you guys later. 

1621
01:22:18,360 --> 01:22:21,040
Just like the Bible says, it's 
basically an intergalactic 

1622
01:22:21,120 --> 01:22:23,520
invasion into this space through
people. 

1623
01:22:24,120 --> 01:22:25,840
I'm telling you, it's what all 
the ancients said. 

1624
01:22:25,960 --> 01:22:27,960
It's what they warned of. 
It's what we're dealing with. 

1625
01:22:28,360 --> 01:22:32,000
They're demons. 
They're episode was brought to 

1626
01:22:32,000 --> 01:22:36,240
you by bitcoinwell.com on a 
mission to enable independence.

