Yo today is May 5th, 2023. Welcome to Simply Bitcoin live.
We are your number one source for the peaceful Bitcoin
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Bitcoin ER definitely hit us. Hit us on Twitter.
It is on Twitter if you want to join the show this is that's
what it's all about. Anyways today, interesting news.
Use is actually crypto bastardo, who's done a great job, dropping
some articles for Forbes, kind of talking about the situation
happening in Argentina to give a little bit of context.
The country was reported to have 104 percent inflation, which is
absolutely Bonkers part of. They also got bailed out by the
end IMF last year and one of the Clauses, one of excuse me, one
of the conditions at the IMF gave to give out that bail out.
Was that the Argentine government had 2D incentivize
the adoption of Bitcoin or the use of alternative currencies.
So I thought that was really fascinating that it was really
interesting clearly that's not working.
And the reason it's not working is something that we've talked
about tremendously on the show is when the guy on TV goes on
and say, it's your patriotic duty to use the state currency,
the national money and you have an alternative and that
alternative gives you the ability to put food on the
table, 99.99% of the people are going to choose the alternative
that gives them the ability to provide for their family, right?
So this is something that we don't see in the developed
world. We have the financial privilege
of, you know, living in countries that have relatively
stable, inflation rates, or the inflation rate isn't so high.
That you know, you're aware of that, you're being basically
stolen from. So it's a really It's just, you
know, I really I feel extremely optimistic and I'm very bullish
about the adoption of Bitcoin in developing countries in the
global South. I think that's really where this
is going to happen first and I think that's exactly what's
happening. Not only in Argentina but also
in Nigeria as well. Anyways, before we start the
show in a bring up my awesome co-host.
Always optimistic, how you doing Opti?
I'm doing great bro. It's it's Friday.
What's that one song? It's Friday, you know, where
we're in this place, man. And I'm excited for today.
Honestly, I'm writing for waiting for some Nico Jones
rants, but I think I'm more excited to talk with my buddy
honors today on the culture. So this one's going to be good
and I think you guys are going to like this one, so let's bring
up honors. Let's get this show on the road,
bro. Let's do a bring them up
brother. What's up, what's up?
Yeah man I guess the price of Bitcoin I just noticed this is
up a little bit so there's that. Yeah I mean there's that but how
you Feelin this Friday Anders what's going on with you bro?
Well the sun came out a little bit.
The weather hasn't been too good in LA but sun is coming out a
little bit. That feels good.
It feels good that now there's 13 days to us throwing the party
in Miami. Yes.
Today, I got to hang out with an amazing group of bitcoiners at
Swan Lounge in Los Angeles with Corey and and that whole Swan
team and a lot of guests now. I they do that once a month as
you know Nico your host the one in Miami.
I wasn't there last month because I was traveling but
yesterday was unlike anything I've seen before there was like
twice, the amount of people and I ask Cory, what's happening and
And, you know, it just seems like people are waking up
because of all this banking, which is what James, LaBrie
spoke about all the troubles in the banking sector.
So, it seems there's a really growing momentum for wanting to
understand and get exposure to bitcoin.
So that's super exciting. I'm happy for people that, you
know, I deciding to to, to, to opt out or at least.
Fire Insurance in this Burning Fiat house.
Yeah, and for anyone to give a little bit of context, the swan
Salon is an exclusive event for Swan private members that that
the company I work for Swan throws basically once a month in
LA and once a month in Miami, it's a real good time.
And, you know, I suspect there, they're going to get bigger and
bigger and bigger, but I'm really glad that you were able
to make it yesterday. Anders That's, that's really,
really awesome. Anyways guys, no more delay.
Let's jump straight into the show.
Let's go into numbers. Let's do this.
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bitcoin 2023. Let's go through some of the
speaker list because there were some last-minute additions.
We have a presidential candidate currently in second place in the
Democratic presidential primary trailing, Joe Biden, we have
Robert F Kennedy, Junior, Has been a vocal Advocate against
Central Bank, digital currencies, and he's been Pro
Bitcoin and it's really interesting.
We actually dedicated entire episode on this phenomenon
earlier on the week. This is a bipartisan thing
because on the, on the Republican side on the right, on
the right side of the aisle, you have Governor rent, Ron DeSantis
who's also trailing Donald Trump in the Republican primary for
president? And he's a staunch advocate for
not such Advocate, but he is strongly against Central Bank,
digital currencies, they He just signed the bill in Florida
yesterday, basically saying. Yep, you can't have Central
Bank, digital currencies in Florida and of Gant, you know,
he's not as strong a proponent for, for Alternatives, like
Robert F Kennedy jr. But he says, look if people want
to buy them, you know, they should be able to, of course you
have, Michael sale, you have Alex.
Glad seeing you have Tulsi. Gabbard you have Adam back, Jack
mahler's, Senator Cynthia. Lummis, Lynn Alden, Dylan
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The Bitcoin price is twenty nine thousand, six hundred
thirty-five SATs per dollar 3374 block, height 780 8380 for
reachable Bitcoin nodes, seventeen thousand ninety six
blocks to having 50 1616 having estimate April. 2024, total
lightning network capacity, 5,000 398 Bitcoin capacity
value. It's sitting around 159 million,
u.s. dollars. My favorite stat of this.
I keep saying that every single day and you know in the
day-to-day it's like a stat Frozen in time but over time
that this that's going to continue to go down and what I'm
talking about is the realize monetary inflation rate of
Bitcoin and it's going to continue to embarrass Fiat
currencies this. That is going to be so
minuscule, 10 years from now and governments are still going to
be talking about what, how 2% is necessary or what?
We need to get the target rate to 2% 2% Deft.
Like that's basically what they're trying to justify.
We have to force that issue, you know, peacefully color within
the lines, but we have to we have to make them answer a
question. Why are we being forced to use
money that steals from us? Anyways, that inflation rate is
currently at one point seven five percent and the market
capitalization of Bitcoin 573 billion.
There's with the be. Anyways, this talk about what's
going on in Argentina. So this is a coin Des article.
It says Argentine Congress, approves, IMF, debt deal that
would discourage crypto use is old news, which is give a bit of
context because there has been some developing news, but let's
let's fast forward in time a little bit and see how that
worked here is a article dropped by a fellow Bitcoin or if you
haven't been following them on Twitter is name is crypto.
Bastardo also known as Javier, bastardo and the Add line which
we covered in a couple days ago, which is crypto usage, Rises
across Argentina, despite the int crypto, IMF deal.
Now, what's really interesting though is that there's even more
a development around, this is that they went out.
And basically, this, this is a de facto ban in my opinion,
Xavier, bastardo who. Obviously, if you wrote the
Forbes article, he's been, you know, clearly been paying
attention to this and he says, quote, The Central Bank of
Argentina has just published a statement stating that payment
service providers quote will not be able to carry out or
facilitate operations with digital assets, including crypto
assets. The justification is to quote,
mitigate the risks for the user, and the country's economic
system. So that a that includes
exchanges, that includes Brokers, that includes Banks.
Somebody, you know, it's very difficult, you're going to have
to buy Bitcoin peer-to-peer. That's what a lot of people do
and developing countries. But yeah, it's just so crazy
that even with is the government really working for the people.
And this is, you know, we always say Bitcoin exposes incentives,
right? Is the government really working
for the people, if they're literally trying to shut off the
Escape valve, that people are going to use to provide for
their families to put food on the table.
Like this is insane. They want to force you into a
hyperinflationary. Currency.
This is not, this is not. What is this?
Is this, what this isn't?
The the this isn't the role of government, this sounds like
tyranny to me anyways. So obviously that, you know,
causes some political political upheaval, and Argentina is
actually either. I think the election is this
year, or next year, it's going into an election year, and
you're seeing the rise of candidates that are A pro
Bitcoin and anti Central Bank and specifically we dedicated an
episode on this man. It was like a couple weeks ago a
couple months ago. His name is Javier Mellie and
Argentine libertarian is rising in the polls annual, inflation
of 104. Percent is boosting support for
him. I mean, no shit Sherlock.
Anyways, here's a video of him on Argentina to like Argentine
TV and I think he's like like the scent.
A central bank is like a piñata and he's Hitting with it.
He's hitting it. I don't know bro.
It's funny. Let's check it out.
Attention. Thank pinata just beat the shit
out of it. It was so funny because when he
was first of all he he destroyed it on the first hit.
Okay, that's number one, right? Ours is metaphor it right there.
Second is when he was hitting it, he was like for inflation
hits. Hitting your with the stick and
the paper money was just coming out, man.
That's some good TV. They have some good TV down in
Argentina, man, but in all seriousness, you know, I'm glad
that people Pilar waking up, but it's actually something that I
mentioned in the cafe Bitcoin spaces earlier with Swan.
I think that the reality is that the average everyday person is
going to have to go indoor some type of pain before they start
asking the important question of what money is in the first
place. I think that if you live in the
developed world, the bread and circuses are extremely strong.
And I think because of how strong they are.
Um, I just don't like people just feel, like, why should I
care about this? You know, I got an F, I got
Netflix, I got the games on Sunday, broke the game, bro.
The game, you know, you know, it's just us like bitcoiners
that on the sidelines like, yo, like money's broken like what
are you talking about? Like, the world like, holy crap.
Like, down the Ripple it. But Bitcoin rabbit hole and then
you start having all these realizations like what is my
really been living a right, true life.
Like I've been in the Matrix my the entire time What the f is
going on. So just interesting but Opti I
think the next step for simply Bitcoin is to get a central bank
pinata. It is Cinco de Mayo so we should
have fucking planned that out for today.
But we messed up. We messed up, but we will, we
will get one for you. We will get a central bank
Piñata, it's happening, it's happening.
Anyways. Anders, what are your thoughts
about this, bro? Yeah, I think.
First of all that was a wonderful video.
And yes, you messed up. You should have had that
yourself, Nico, and Opti obviously no great video.
And I think as you were saying it, people need to understand
that there is a problem and see a problem, and feel a problem
before, they understand that Bitcoin is a solution, you don't
people can't understand that. Bitcoin is a solution and solves
a lot of problems, unless They realize that we do have some
problems now, that should be a lot easier now with everything
going on in the world. But yeah, they'll that helps you
need to understand this. A problem to understand Bitcoin
is the solution, but we're going to go through pain until
everyone is on a Bitcoin standard.
You see how like I live in LA, how there's just more and more
homeless and everything is downhill really?
I mean the roads look like Eastern Europe before the Iron
Curtain dropped. I was there.
I've seen that So everything is downhill until we go on a hard
money standard in my opinion. So but we'll get there and it
won't take that long, 10-15 years.
Yeah, I agree. I think, I think it's spot-on
with your, with your, your time prediction.
I can agree. It's gonna be like, definitely
not 5, but with definitely with it I would say a decade and
maybe some change because I think this is going to happen a
lot faster than people think. Anyway, Up to you.
What's your take on this bro? You are a Mexican-American and
I'm allowed to say this because I'm Venezuelan have one through
ten. What do you think about that
piñata solid pinata? Very good on.
Ya, I really I really liked how aggressive he was at beating.
It reminded me he's not young it reminded me of my childhood and
beating you know the the the the guts.
Out of my party, pinatas as well.
But, you know, let's just let's roll this back a little bit and
the first story we've covered a lot and we continuously beat
the, you know, the head on the IMF, but the IMF is absolutely
horrendous and evil. Like, you can't convince me.
Otherwise, the, the it is institutionalized imperialism at
this point and it's all under the guise of, I'm here to help
you. You know, here take my money.
It's literally like the mafia like, take my money and we To do
whatever we want to use. So it's absolutely sickening
that people still believed in the legitimacy of the IMF and
the World Bank. But hey, you know where, where,
where extremists were bitcoiners?
We see the lie in real time? It's like back to, you know, the
Fiat Matrix, we talked about it, we're seeing the green code and
we're reading it correctly. And this is why we are
ostracized but what do I always say?
And I wasn't the first one to say it.
NECA always kind of gives me the credit for this but can't ban
Bitcoin. You can only ban yourself from
Bitcoin and I say it all the time, it's becoming very obvious
to me that if you give people the choice, they will always
choose Bitcoin if they understand exactly what the
stakes are. And this is why we show up every
single day. This is why we tell you guys
every single day to just continue having these
conversations sometimes, maybe just don't say the b word
because people get triggered and they already have their own idea
of what Bitcoin is. But you just got to point out.
That Fiat is the problem paper. Money is the problem.
Giving your power over to the central Is why we are in this
situation in the first place and, you know, it's absolutely
disgusting what the Central Bank of Argentina put in paper again
though. Like, you know, Boomers writing
stuff down on paper and expecting it to affect our
software. But hey, that's a whole nother
topic. But one thing that we've been
covering lately and it's awesome to see at least the the debate
happening in Argentina as well as in the u.s. is very
interesting that Bitcoin is becoming a point.
Of contention for politicians, becoming a very, very big topic
all around the world because I think people are starting to
wake up to what we talked about here, every single day.
What everyone talked about on Twitter is it's Bitcoin or free
are big Corner slavery. Like if you're against Bitcoin,
you're against freedom. And now, I think that signal is
finally, waking up, finally waking people up getting out
there, and it's going to be something moving forward, that
just cannot be ignored. And unfortunately, like under
said, you know, humans only learned Pain.
So unfortunately as hopeful as I am and as optimistic as I am,
the world will need more pain to learn what is going on and
that's just a sad reality of it. You know, the pain will continue
until the world wakes up to the Fiat scam and that's where we
are. So hopefully it doesn't happen
overnight and slowly, but surely, we get more people on
the Bitcoin standard but I think inflation is going to have to
get a little worse for the average person to wake up, and I
think we're kind of there, like, we're starting to see it, you
know, we see Banks, Going up, obviously in Argentina and I
think it should be obvious to people why they shouldn't hold
their local fiat currency, but it's just sad to see that.
People are still pushing the Dollar on them and, you know,
it's just part of the learning curve.
Everyone always goes into a stronger currency.
So yeah. If you're if you're an Argentine
and you see your peso blowing up, you probably going to go to
the Dollar just because it seems stable so it just a next step is
eventually. People will either go to gold
and then they will. She got a Bitcoin and then
finally, we're all on the Bitcoin Senator.
We realize that Bitcoin is superior to everything else and
the world will stop getting robbed.
But hey, it's a process. It'll take time and this is just
why we're probably going to have a job for a little bit because
you know, until Bitcoin is just boring.
We're going to be able to talk about this for a long time.
Yeah, I mean it literally it's the slogan of the channel,
right? We will be your guide through
the separation of money and state and you know we're All
living through it. This is front row seats but this
is what a crazy time to be alive.
You know that that that's for sure that's on debatable at this
point. Anyways, everybody no more
delay. Let's get to the news.
We got a lot to talk about. The Daily News, The Daily News
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Anyways everybody we got a lot to talk about so we had a Dennis
Porter on the show speaking about Montana another state.
Another state following Arkansas.
I think Missouri was another one.
I know Wyoming passed a very Pro Bitcoin is specifically
protecting the right. This is so crazy, the right for
an individual to run a node the right for an individual to hold
their private keys without fear of seizure.
Like, it's just so nuts that this is where we are in the
movie. Anyways, so Montana.
So the Montana Governor signs Pro, cryptocurrency mining Bill
into law, Gregg Jenn Forte. The governor of Montana has
signed into law. A bill largely preventing local
governments in the state from passing laws prohibiting
cryptocurrency. Mining according to records from
the mono. Montana legislator John Forte
signed SB 1178 into law on May 2nd.
After the bill has passed both the State House and Senate, the
legislation effectively in shrines crypto miners rights in
the states by revising existing laws prohibiting.
Discriminatory electrical electrical rates for mining
firms, and not allowing taxation for crypto used as method of
payment, the latest version of the bill.
Suggested, the legislation was introduced partly as a
preventative measure in response to certain proposals in other
states. Well, I mean, that makes total
sense and we're going to get to why also shout-out to Dennis
Porter. He did call he did.
Say this was going to happen yesterday.
He said we're still waiting on the governor to sign it but now
it is official. If you're a Bitcoin miner, In
the state of Montana, you're protected on the state level
which is awesome. And if the federal government
continues to be hostile towards the industry, Dennis was talking
about it. You know, yesterday on
yesterday's episode, we might see Bitcoin mining go or Bitcoin
in general. Go the way of the marijuana
industry where marijuana is illegal on a federal level on a
federal level. They like to give hell to the
marijuana industry but on a state level on its you know you
have giant Industries in California and Colorado and
Oregon. So, you know is this the way
that it's going to go? Perhaps, maybe so, I don't know.
Anyways, also, I know, I know Dennis Porter gets a lot of heat
and you know, but I don't see anyone else doing this.
To be honest, also not to mention Satoshi action fund CEO,
Dennis Porter, reported Arkansas, governor Sarah,
Huckabee Sanders has already signed this into law.
Schools, Arkansas is another state.
And then, quote, I think this is something he said on yesterday's
show at the state level, we can have a lot of Of progress, we
can move things forward and there isn't a whole lot, the
federal government could do in the meantime, and I think that's
true. So yeah, anyways, moving on to
the opposite side of the spectrum and this is the beauty
of living in the states, right? Is that, you know, the states
compete for your business, right?
We saw New York and California. Go a little bit crazy with taxes
and being hostile to businesses. And a lot of individuals, fleed
to Texas and Florida, where this, you know, there is no
state income tax. It's a lot friendlier for
business. And when there's competition, it
kind of forces the other, the other states that are, you know,
kind of crapping the bed, so to speak to change course, right?
You know, so it's great, competition is a good thing when
jurisdictions competes or businesses compete for you?
You win? Right?
Anyways, so we have Montana right on the other side.
Side of the spectrum, North Carolina county band's,
commercial Bitcoin mining for a year.
It goes on to say, Buncombe County Board of Commissioners is
moving forward with in memoriam on cryptocurrency.
Mining Commissioners approved, the one-year ban after holding a
public hearing, during the meeting of May 2nd the
vomitorium passed unanimously, despite local bitcoiners coming
together to voice their concerns, according to bitcoin
magazine. The County's current ordinances
do not Define cryptocurrency mining as a specific use
Currency mining operations can negatively affect surrounding
neighborhoods due to excessive energy, use e, waste, pollution
and noise the temporary pause. It's always temporary.
New York state is also temporary.
But remember the saying right? There's nothing more permanent
than a temporary measure by the government.
So the temporary pause will help protect the public interest
until regulations regarding cryptocurrency.
Mining are adopted, the one-year ban is effective immediately
through May 1st 2024, that is crazy.
See, we live in a world now. We're like you can't use your
high energy use toaster, okay? Because what like what pollution
what pollution? Asics, don't emit CO2.
What pollution are they talking about?
And this is the narrative. This is the same narrative at
the White House to try to use to justify the 30% of the proposed
30%, on Bitcoin mining. What is the actual like, what
are they actually trying to get out of this?
They're trying to kill the industry.
If you can't control the money, you can't control people.
And that freaks the hell out of them.
So the environment is just a very convenient excuse but if
you look into the Nuance, like if you look into the details,
Bitcoin miners, can't use energy.
That is our that it can't just, you can't just set up a Bitcoin
mine in the middle of a city. It's going to be, you're going
to be priced out, you have to go to where there's cheap
electricity and where there's cheap.
Electricity is isolated energy Pockets, it literally in the
middle of nowhere. Is a reason it's so cheap.
Right? Electricity, you can't transport
it over long distances. It kind of loses a percentage,
every mile that it did that it's transported.
You can't store it effectively in a battery battery.
Technology is not there yet so you kind of have to use it right
then and there right? So they never talked about any
of this, right? Because if you could do those
things that I mentioned then it would still be too expensive for
Bitcoin miners. Bitcoin miners are Bitcoin
miners like water. They're going to always flow to
the cheapest sources of power and that power was already going
to waste because if Wasn't already going to waste and it
wouldn't be so goddamn cheap in the first place.
But they never mention that they always say like the same old
thing. You hear it over and over again
Bitcoin miners uses more energy than the country of Denmark.
Okay. But what energy is it using and
do we really want to live in a world where the government is
getting to decide the state is deciding what energy use is,
okay? When energy use is not okay,
that's a very slippery slope. Remember the gas stoves remember
the gas stoves Right. So they, you know, that was one
of the things that they were like, floating around like, oh,
we're going to ban gas, stoves, like whatever, and then when
they got so much public, push back there.
Like, no, that's crazy. We never said that New York
State just passed the law that any building built after.
I think it's after 2020 for 20-25 cannot have gas stoves in
it. That is nuts.
Would like, who are these people like as an individual?
Not entitled to use gas to cook your food, you're not entitled
to use a toaster. This is really when nasik is
just a toaster, okay, you can't use a toaster.
You know what I have to say about that.
You gotta you gotta leave my toasters alone, okay?
Leave my fucking toasters loan. Okay, this is crazy, this is
this is clown world. But unfortunately for them,
unfortunately, for them, Bitcoins incentive, stay
winning, right? Bitcoin miners are just going to
go where they're treated best the CCP.
They tried to do the same thing. They banned Bitcoin mining
within their borders, all those Bitcoin by the hash rate
dropped. They conveniently did it in the
like the peak of the last bull market.
So I suspect that's one of the reasons that Bitcoin didn't hit
100K and the hash rate not only is it continuing to make
all-time high all those miners? Relocated all around the world,
further de centralizing, the Bitcoin Network.
You can't kill the honey badger and if you try to do you're
going to make the honey badger even stronger and you're going
to piss it off even more. And it's going to come and bite
you in the ass. Hashtag, leave my toaster alone?
This is some crazy shit. Bro.
This is some crazy, crazy, crazy stuff.
I can't believe we, dude, could you imagine what the founding
fathers? You know, the meme were.
It's like, like, like George Washington's face and it's like,
get the muskets like, bro. Like dude, like we live in a
world where like the state is telling you what?
Computers you can run, what computers you can't run.
Daddy's crazy to me, that is nuts.
And of course, it's all under the guise of the environment,
the environment the environment, it's like, okay, fine.
Let's give him the benefit of the doubt, the environment.
What about electric cars? What about video games?
So, what about washing machines? You know, like, they all use
electricity to, so they're okay. A but it's just Bitcoin miners
conveniently that you know hinders your ability to control
people because people will just opt out of state money.
Those are the things that's like, oh no.
Those things are the ones that are bad for the environment,
everything else and that's okay. Like, it's such false narrative,
propaganda BS. That's my take anyways Opti.
What are your thoughts on this brother?
First and foremost, get your hands off my toasters, get your
hands off my space. Heaters.
What is going on here? This is absolutely crazy.
First, you know that the anti status in me, I just keep
harping on the same idea of like, okay Boomer writes things
down on paper and thinks it will stop Human Action.
Like okay got it. Got it got it but like Bitcoin
incentives is too strong to not run software.
This is all we're doing and I'm glad that you brought up the
founding fathers because I was going to do the same little rant
about it. It's like this is the first
amendment the First Amendment issues.
Bitcoin software is literally just code.
It is just words. It is just a database.
And politicians cannot write any law impeding on our
constitutional, right? Of the First Amendment which is
freedom of speech. This is just, this is just code,
this is just words we've seen this happen in the encryption
Wars of the past and we're just seeing this play out again.
So no computer illiterate in Washington or any politician for
that matter can ever stop us, from using the Bitcoin software.
And shout out to whoever said in the chats like oh, I'm glad
there's a law to To allow me to do what I was going to do.
Anyway, shout out to you, this guy get to but I do applaud the
effort to work towards a favorable environment for
Bitcoin in the u.s. because I want to see the u.s. win.
I want to see Bitcoin become or the US, become a leader in the
Bitcoin world and not fall behind because I do not want to
abandon my home. I want to see my family, you
start to prosper and it really does terrify me just seeing how
the, the federal government And politicians are attacking
Bitcoin and it really does make me wonder whether we do live in
the the land of the free, any more.
And it just it is a very scary precedent.
But hey the unproductive class will soon get on the same page
because Bitcoins incentives are too strong and more people are
holding Bitcoin every single day and as we move into this next
Bull, Run more people will wake up to the idea.
Wait, maybe my fiat currency. Maybe what I think is so stable
is to really lose In value, and it's losing a lot of ground
against Bitcoin. So I'm hopeful that America will
come to understand that Bitcoin is American and that we should
embrace it but it really reminds me of the, again, the Lord of
the Rings meme, you know, like sorry of we got to throw the
ring in the fire but obviously they know the power of the money
printer and they're not going to do it.
But man, you know, the founding fathers are very much rolling
around in the graves. They were Bitcoin as before
their time and I fundamentally believe that they would Be
bitcoiners. I mean you what did Brad Sherman
call us all yesterday, tax evaders, or whatever, it's like,
does he you're muted Nico. But dozen teenagers and yeah,
but doesn't he, doesn't he remember what America was
freaking built on. They freaked out over three
percent, taxation of Simply T and what we're at like 30 to 40
percent of everything we do not. Like, dude, he doesn't
understand American history at all and you know I hate to I
hate to do the tin foil. Hat.
But a lot of these people are bought and paid for by the CCP
and it's becoming more and more obvious.
Oh, oh, oh, you know, anyways, Anders.
So let me know if I can say this.
But you're talking about IMF before Opti and and central
banks, really, the way I see it. As the biggest organized crime
cartels of the world. And the problem is that the
politicians really just a corrupted and paid to work in
their favor like the 30 percent tax on Bitcoin mining
cryptocurrency mining although the rest doesn't matter.
And the problem is that these same private families that owns
the FED. They also own the media and
control the narrative and you have 99% of the population of
this country just walking around like some B's, believing,
whatever. The news, tell them, but but I'm
not thinking critically and and that's a problem, but as up to
set the incentives of Bitcoin are just way too strong and
fighting Bitcoin is like fighting the gravity of a black
hole. It's a losing game.
Bitcoin will win because it is eventually one person at a time.
People realize it is best. It's for their interest, it's
for their family, it's for future Generations, not be
wrapped every day. Inflation.
Why should we even accept that? And the founding fathers were
specifically verbally against Central bank's, but later, you
had politicians corrupted 1913 and it was written into a law to
have a freaking fat to organize, steal from all of us.
Yep. Yeah.
And this is literally and that, that was like, the beginning of
how we got here, right? And, you know it Anyone that
doesn't know, right? The government spends a trillion
dollars every year more than they collect in tax revenue and
the way that they're able to do that is because they have a
money printer. We are not on a gold standard
anymore since 1971 so they can print as much money out of thin
air and they are all able to do this because they have a central
bank right? So you know go ahead no sorry I
thought you were done please. No.
You hit it, I get it. All right, so yesterday morning,
I was reading a tweet from Luke Roman where he said the, the
current interest rate that the FED has set, which is now about
5%, if you add that or multiply it with the unlimited growing
debt of the US government. Then you have the now more than
30 trillion in the five percent, you'll looking at just paying
the interest rate on the debt of I did States is 40% of the
all-time high tax receipts but those all-time high tax receipts
are no longer that high and they came in short compared to last
year because that everything bubble where they just get to
take capital gains on all assets, going up because they
dilute the denominator is is no longer the everything bubble.
I mean it is but those assets that Down in prices.
So so the US dollar. Now, as we know, is really,
really in trouble because the only way they can get out of
that, they can't afford to pay 40% of all time, high tax
receipts, just an interest rate. The only way out is to put more
dollars. That's the only way that that
the government will not default and by the way, so that will be
an unofficial default by just over printing so that the Value
of the debt goes down and for the people saying, oh, but us
will never default. Well, first of all, all previous
Global Empires that had Global Reserve currency status.
They had a lifetime about 100 years which is where us has been
in terms of global Reserve currency status.
But, but us has already defaulted twice once in 1933
where they stole and ran away from the gold of the gatien's to
the The United States. So that was a default on the
citizens and then in 1971, with Nixon closing, the, as you
mentioned earlier an Eco there's nothing as permanent as a
temporary government policy where they at, where he
temporarily closed the gold window.
So that the rest of the world couldn't come and get their goal
for their currency, which was the agreement.
So there he defaulted on other Sovereign.
So you as already defaulted twice in the third, one is
coming up. Likely in the terms of just over
printing. So what they owe now is going to
become less in terms of percentage of GDP.
Yeah 100%. It's actually funny because you
know you had the current Administration who's very
hostile towards Bitcoin. They basically it was a it was a
tweet from Joe Biden and basically saying the US has
never defaulted on its debt and then they got community noted
basically like know the US has defaulted many many times so
it's just crazy. At the same people that, you
know, are against Bitcoin are also saying that hey you know,
the US has never defaulted like it's just you know it's just
interesting how that happens is an interesting phenomenon to say
the least. Anyways guys this is the
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Let's talk about ders in puppies events coming up in Miami.
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Anyways, Opti, let's talk about the party that's happened in
Miami, what's doesn't? Well, hey, I know, I know
everyone's been a good boy and girl out there, but hey,
conference week is coming up. And what do you do when you hang
out with bitcoiners? You party have a good time.
Get some drinks. Eat some good steaks.
And I remember the Pacific Bitcoin when you Auditors, that
you guys did, and it was pretty lit.
And you're telling me this one's going to be even better.
So, I will just give you the I'll tell people when it is.
What do you what they can expect?
Give him all the sauce brother. Oh, wow.
Well, it's La as you said Pacific Bitcoin, which we did in
November was a lot of fun for me.
Unfortunately, probably couldn't be there and for the people who
attended I got so much positive feedback.
So I was very happy with that and and one of the things that I
didn't anticipate was that people at the end of the
conference, a tenders going to your party made the conference
even For me, because when I rolled in, I already had
relationships with other people already knew some because we
throw it the night before general admission starts, which
means this one is Thursday, May 18.
General admission is Friday and Saturday in Miami.
And when people said, you know, gave all the positive feedback
which I was very grateful for, I promised them.
Look, we're going to step it up next time.
I guarantee we're going to do it better and and you know, having
now money to play with in terms of because we're selling tickets
has made that possible we're in La was a lot of work with a
budget of - to throw a good party but we succeeded this is
definitely a step up and, and here on your channel, I would
like to publicly apologize to bitcoin magazine that is hosting
a well night that same night because our venue is the best in
South Beach where point seven miles From from the convention
center, and it's a rooftop, it's a fresh brand-new rooftop, it's
gorgeous up there. And there are some facilities
that's going to help us deliver. What I believe, what I think is
pretty amazing entertainment. I think most of us love video
memes, more memes in General on bitcoin Twitter, right?
That's what makes us laugh in. This nonviolent Revolution that
we are fighting and and Bitcoin. Well, the video memes, just
awesome, there's so many good ones and we will be honoring
those phenomenal, genius, people, doing those video memes,
and and people will be able to enjoy that and the way we're
going to do it. I, you know, I want you to
experience it when they go there but we work hard and we've
stepped up from LA and I'm I'm looking forward to see what
people think. And let's not forget if people
Rock up, they'll meet Nico and Opti the Get better than that,
let's go. Yeah, I didn't look down here.
I saw some pictures and I am surprised to see that I am here
in one of these pictures. So but you you're telling us at
least off are that this party is going to be bigger than the last
one. So how big was the last party?
And how big is this party going to be?
So the last one we capped at 4:20, for the sake of a capacity
of that for them. Mean for the memes.
Oh, what are you? Exactly the funny thing is,
yeah, so this one, we've capped it at 6:15 in the honor of
American Heartland. His wonderful meme where he
said, I mean, that's pretty unobtainable today, I guess.
But but that that if you achieve, if you can stack 6.15
Bitcoin you'll achieve Eternal riches and also some With the
ladies, what would keep it a PG show here?
But so for that reason, we decided to cap this one at 615
there might be probably. Well, there will be more people
but that's anyway. The official cap.
You know, love it. Love it.
Is there. I see you got tickets here.
I see. There's a time here.
Is there a deadline to get tickets or what's going on here?
We got to sell tickets all the way up to up to the event.
So that's Is fine. The only thing is, I mean they
are there are selling like we started at $21 and $42 and those
people got it below cost because it's not free to do like to get
the best venue in South Beach. And yeah.
So right now there there's the last two trenches left that are
selling and so you know what Back in.
L.a. the one thing that that made me put down the credit card
because we had to ensure the bars certain sales to to to get
it as a private place. So we can have it all for
ourselves all only for Bitcoin is and by the way that's another
thing with Ellie that we're very focused on is we are only
telling bitcoiners about this, we're not going out doing you
know, like white marketing or anything.
I think it's super important. When people go there, they have
an amazing time otherwise they don't want to come to the next
toxic a beer. So I mean crowd control or
whatever I think is really important.
And so the thing that made me put down the cot in LA with with
puppies backing was I was asking dming Lawrence Lepard.
He's on toxic, a PR, you know, often as a guest if you if you
wanted to come to a play Party in LA and and he said in all
caps and he allowed me to quote him.
Otherwise they wouldn't say this.
He wrote in all caps, screw the fancy dinners.
I want to hang out with a plebs and I, that gave me no choice.
There's was like 10 days before the LAN party.
Put down the Cod. We did lose a little money on
that, but we got nice donations, though, that help us minimize.
That loss hottel Magoo, Lauren, sleep, pod at Greg Faust, other
people and some, that just don't want to be mentioned.
And and those same people are going to be there.
And again, that's like we want to Put that want to put those
amazing people together, like Lawrence, the part is going to
be the GIF Booth is going to be their mock must is going to be
there. James lavish is going to be
there. Opt, he's going to be there.
Nico is going to like, I can't even BBC Sessions.
I can't remember all of them, but that's the opportunity to go
and hang out in a smaller setting than the conference and
drink a beer. Because these all want to talk
to the plebs, there are plebs. Let's go absolutely epic.
So just to be clear there's going to be a no-shit coin.
Clause here, how you going to turn away the shit Corners?
Yes. So thank you for mentioning it,
I can if you scroll up a little bit I can see it.
So yeah. We Gary Leland a big block.
Boom is really really a nice person.
He's a gentleman unlike us because if you shit coin at his
conference, you will be refunded and escorted to the door.
We will just simply like I don't want To have that admin, right?
We're just simply going to school people to the door but
what we will give them is will leave them with a couple of
acronyms as as we tell them to leave Beat It, nft browser,
shit, corn shells, we will tell them GFI and HF SP.
And for those who don't know, it is go.
Fuck yourself in hand for have fun.
Staying for that will be the final words to hear why?
They're put into the elevator. Love it.
Absolutely love it. All right now, just so you can.
I find this? It's safe to say this is Bitcoin
maximalist party. It is that delay the adoption of
sound money so we are toxic to anything like that.
It's a very much a maximalist toxic tux email list I would say
really good people like people think sometimes that oh we
should be bad to each other. No we should only fight scammers
and be nice to each other. Like Bitcoin is a smart people
that good people. Amen.
I've had that alright Andres. How do they find this?
How do they get to this Eventbrite page?
That's so I have it in my if you guys could work in a link or
something, that'd be awesome. But otherwise on my profile on
Twitter it is in it is in the in my profile description there is
a link to Eventbrite otherwise if they go on eventbrite.com
search for toxic happy hour and and my good co-host and friend.
Yeah there you go. It's in there up in the profile,
there's a link to event. Right.
Other also, my dear dear brother from another mother puppy AKA at
Pop Lord. Huddle.
He's pinned. Tweet, also has a link to that
but yeah, thank you very much for bringing that up.
No worries guys. I think I dropped it in the
chat. I don't know if YouTube if it
went through the YouTube, but it should be in the chat for you
guys as well. So click the link and we'll see
you guys in Miami. And I just thank you so much for
having me on. It's awesome to see how Simply
bid crime is like the most professional Bitcoin show today.
I mean, it's clear to me, especially when I get on here
and I see everything going on. You guys, you guys like killing
it. It's, it's amazing and, and all
the signal that your scent is sending and and guiding people
through this. As you say, Nico, separation of
money and state. It's a great job and very
thankful and honored to be here guys.
Appreciate it. And look forward to drink beers
with you and Shots. Oh yeah.
It's a, it's a pleasure having, it's a pleasure, having you,
bro, with the shows not over. We got the meme review.
Let's do it. The daily meme review brought to
you by Kaboom racks. I get this question all the
time. Nico.
Where should I buy Bitcoin? Miners to answer is Kaboom
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Anyways and er, Anders with his with his compliments, made me
blush on TV and there's a Temptation it.
Really appreciate the love, dude.
We do put a lot of effort into us into this and you can see men
like you guys, I'm thinking like, no, no, we're going to
stick to the whole unscripted unedited thing that we're doing
but you guys. Yeah, thought huge thumbs up,
man. For what you're doing is this is
total is totally unscripted. We do this after we.
Can we paid him to say the nice things guys, we do.
We did it, I really appreciate that.
And anyways guys I want to tell you about the touching the tip
ceremony. I will be me and BTC sessions
will be doing a simply sessions show in Miami at the Bitcoin
Grove May 16th at 11 a.m. what's going to be happening.
Nico will have a strip of his hair dyed blond by the lovely
mrs. Sessions.
A live simply sessions news show, stream and giveaway and
prizes. So definitely don't want to miss
this event. It's going to be like one of the
first simply simply Bitcoin events which were doing with
been that we've ever done. So love to see you guys in
person and you know, you can check out the link which is in
the video description and you guys could buy a ticket to the
touching, the tips ceremony anyways Opti, what's up with
wait wait wait wait hold on before before We go on.
Is there is there like a deadline?
Is there a time frame? Where Nico has to keep the the
tip diet? Or is this a you going to just
like shit coin rug poulos and it's going to be like a one day
thing. I think I'm going to, I don't
know, bro. Like you know, I see how you
like it play by ear. It has to like, oh man, you
can't cut that. I feel like all YouTubers, like
they go through. You know, they go through a
dying of the hair. Like phase and I think I've
reached that point. I think it's time honestly I'm
not going to lie and I see Ben's in the chat I have this vision
of Nika. Growing old with like
continuously having like a long strip of blonde hair.
Now like moving on forward, this is the final form.
Alright. Anyways guys, this is the mean
Ruby. This is your favorite portion of
the show. You listen to everything else we
say it's just to watch the meme. So keep tagging us on the memes
on Twitter. Send the memes in our telegram
group, I am looking for them. All, of course, I Can't fit
every single meme that we get on the show.
But I do put them in our show notes and I do have backlog, so
I'll try to get to them all. And just keep tagging me, of
course, what do we say tweets are the bullets mean for the
artillery. We are in an information War,
guys, do not be confused. The war is on Truth memes are
our tools to battle against the lies, continue to ridicule the
corporate press, continue to make the funnies for your
friends and family. So that they become bitcoiners
and can In you to get the cause of action so that people wake up
to the signal. Anyways, this first meme our
weight, drop your mean review score in the chat once we cover
these so we can cover them live anyways.
Its first meme is by one of our homies at Hato tarantula and I'm
almost positive. We will seeing him in Miami as
well and sometimes the memes write themselves and he just
goes seemed appropriate and he got a screenshot here.
And someone DM him saying, have you ever considered diversifying
with the Lowest portion of Bitcoin into other asset class
in markets, like, Forex and, and if T's Etc, and he just send a
screenshot a gift that says, fuck, you get out of my GM's.
Absolutely love it. Tarantula.
This next meme is on the same thing.
This is Milo to Poletti and he goes just say no to shit coins.
Hashtag Bitcoin and we got the classic Guy Fawkes mask with a
Bitcoin or in a suit, very, very Dapper Bitcoin her over here,
eating a steak and he just goes No just say no to shit coins.
Just say no as he eats his steak and it goes Bitcoin is better
money. Avoid the shit coin at all
costs. Anyways this next one shows up
the Salomon he tagged me in this one but we have mics Kaiser up
here at the Bitcoin marketing team and we got Christine
Lagarde. We got a guest is Carson's.
We got yeah we got Janet Yellen and we got this name by Sean
senior absolutely. The guard is sewing off these
mind Always Forever. The One That Got Away.
No. I know someone said you guys are
matching with the scarves Row for the adoption cycle, and we
got the 2.5% of innovators. We got the 13.5% of early
adopters is where we are. This is the current cycle.
We got 34% being the early majority, we got 34 percent,
being the late majority. And we got 16 Being Lagarde or
the laggards. Absolutely love the meme.
Shouts out to Solomon for tagging me in this next.
One's a little more meta shuts out, the eggplant Ilan.
You guys opt out of this madness and stack Bitcoin.
And the meme is it's a chart here.
Well, it's more like a square Visual and it goes the 32nd
guide to government spending and he goes by something using your
own money for yourself. Equals in the first quadrant
High concern for quality and costs.
But when you buy something, you Seeing someone else's money in
the second caught. Quadrant it is a high concern
for Quality, low concern for costs and then we move down and
it goes buying something using your own money for.
Someone else is the third. Quadrant goes, low concern for
Quality High concern for cost and in the last box it goes
buying something using someone else's money for someone else,
it is low concern for quality and low concern for cost and
then it goes on the bottom. This is the kicker goes
individuals by in quadrant one and governments by in Quadrant
4. Absolutely devastated.
The 32nd guide to government spending this next meme is by
agrius Nexus or Agra sand, and there's nothing written here.
But this is the classic, you know, guy in a boardroom that
gets thrown out the window Meme and we got the the CEO, whatever
you want to call me, go. What can we do to help poor
people? Be less poor and we have 11
idea, raised tariffs on Imports and then another idea blame, the
one percent. And then we got the, you know,
the Chad Bitcoin, ER, which is basically what we tell you guys.
Every single day, why are we being forced to use a money that
steals from us? And he goes stop stealing 40% of
their paychecks and then he gets thrown out the window because
that's not the right answer apparently.
Anyways, this next meme is by Maxis Club just continuously
killing it on Twitter. It goes 385 not a surprise and
we got a husband and a wife and we got the the Pepe Bitcoin or
laying in bed and goes good morning and the wife goes.
Good morning, I'm going to wake up our daughter and the mother
goes the, the mother big Corner goes to the daughter.
The US dollar hasn't been backed by gold for, The years and then
the the child big hunter goes by Bitcoin.
This is the way boys and girls. Anyways, this next meme is
shuts. Out the Rope AKA a Trope, IAM on
Twitter and goes all the banks are broke and this is a play on
the classic Drake hotline, bling Meme.
And we got a Pepe the Frog, looking away disgusted by Fiat
money. It doesn't matter where the Fiat
money. The paper iou's come from, say
no to shit coins and then we got a Pepe Bitcoin or with laser
eyes. Drooling, over Bitcoin.
This is the way guys, stack them.
Sad, stay humble continuously. Continuously provide value
saving Bitcoin. This is the way, this is how you
make it through. The great reset.
Anyways, drop your mean review sport in the chat.
Drop Your Meme review. Score in the chat and we will
cover them live. All right, Nico I should have
done something Mexican for Cinco de Mayo, but I completely
forgot, but in honor of Mexican music, I don't have it on.
My example, I should have it her in honor of the toxic happy hour
party and in honor of being a true gentleman.
I got I got some McAllen 12 here for you guys.
Okay. All right, all right, all right,
all right. Okay, stepping it up to that
Nico. I'm stepping it up today.
I have to go through my cabinet to get something do.
Okay, I got my boots in the freezer.
I like it, cold. Oh, oh, okay.
You're drinking a room. Temperature was wrong with you
up T. I like my stuff and eat at room.
Temperature, it's delicious dude, really?
Yeah. Something wrong with you.
Okay, there's a lot of things wrong with me.
I am a mo Bites. The Dust.
Yeah, which one more? Let me go.
Oh, wow. Look at you Rico Suave now.
I just just imagine him with the with the Bleach tip.
Wow, that's called fashion. It's over.
Yeah, these are my Miami Shades. I don't dress like this anymore.
Now I just kind of wear a hoodie everywhere.
That shit coin Nico. Anyway that is chicken wing.
That's some Fionna car right there.
Anyways guys before we anyway it's honours.
Honours turn bro. Come on, I don't understand it,
I thought is the booze in the fridge on ders.
What would you give? What would you give those memes
scores? Oh, so like, how does this work?
Should I say, which one? I love the most or like you just
get rid of just give it a score? Yeah.
You just give it a score. Yeah, I would definitely see.
Keep your boots in the freezer. Especially if you are Viking,
it's freezing. It's freaking cold there.
That that's my best response. Yes, you're right.
Nico. That was that's the, that's the
answer. That's the review that's.
That was my own score. That was the most or keep.
Keep it cold. All right, all right, everybody.
Before we move on to start we, before we read the meme scores,
I want to give a very shout-out. Very special shout-out to
represent our clothing, sponsor, opting out where the merch every
single day. I'm wearing the classic blue.
Blue hoodie. Opt.
He's wearing the dad hat. Haven't done laundry hands.
Why? I haven't been wearing the
shirt, the Hat. The hats were where they were
available again and they sold out.
The setbacks are sold out completely again, they're sold
out again. Wow, no I thought you just said
they were guys, you have to get your simply Bitcoin merge while
supplies last. Also, check out all the other
amazing merge on the representing t.com store and you
can use the promo code simply Dash Bitcoin.
Get yourself a nice 10% discount.
Anyways Opti let's get through some of the meme scores but
before Q the epic music. All right, hotter coin.
I give the memes a middle finger to the IMF then is smashed by.
I like that kobach boys. I give it a 30% tax on my name.
Wow. It was they were that bad.
I thought those were gud memes. Okay, anyways, anyways, hold on,
let me find the next one. Thanks demo.
Shout out extent most extent most, we're going to be hitting
you up soon. Brother, irate those memes a
bottle of decoy. If you know, you know.
Okay, okay okay I like that. Alright, next meme is opt he's
Big Mac coin, wallet, score weary, scaf life on Earth on air
if you believe all I did, Oops, is wrecked.
Okay, as 74 Opti is a terrible filter bro, I'm sorry.
I apologize, real tennis lesson I saw in the, in the chat,
another Dane, there's not many others.
So another day, and another day in all right, aks-74 SI give the
memes Piñata. Very nice.
All right, next one.
Bye, Andrew Williams. I give the memes a double term.
Bitcoin supporting. I like that.
It's not a zero chance right
now. Anyways, next meme score is by
Opti it's basic biology. Bitcoin is not backed by
anything. Bitcoin is the thing.
I like that. I like that Apollo 21.
My Lego model of the Great Wave. I like that.
And the one, the only legendary
BTC sessions. I give those memes a honk honk
hottel hat. Oof, let's go.
Let's go see. Wait hold on.
Like we got a man of culture in the chat McAllen 12 can be drank
neat and sip slow. See as someone gets it I'm a
Macallan. I'm not gonna say that.
Oh wow. Fancy how soft Flex?
Okay, one last one. Last one, Matthew J.
I give those memes frosted tips. Okay.
Yep. Get your tickets to the touching
the tip ceremony. It's going to be awesome.
It's gonna be dope, really looking forward to it.
Anyways, I want to thank our very special guest, the
legendary Anders host of The Toxic happy, our Twitter spaces,
which is in the time slot, right?
After simply Bitcoin. And with his legendary co-host,
puppy, the one and only I'm really Forward to your guys's
event, it's going to be a great party and these are just going
to get bigger and bigger and bigger and bigger.
So yeah man, I'm really excited to hang out with you in the
flesh. In Miami.
It's going to be awesome. Maybe have it.
What what's your poison of choice?
I like tequila I'm going to I'm going to kill a man myself.
Well I like skinny bitch. Skinny bitch is a vodka soda.
I do like that. I do also have a sweet tooth and
since its Miami pina colada, I'm a fan but we may have some
Surprises there. We're still working on colada
bro. That sounds like a hangover and
a half the next day I just I love it man.
I can't you know I'm just gonna be honest here.
Yeah man I just drink I just tequila just tequila on ice like
and I'm a happy man. I'm a happy man.
Anyways Anders it's been an honor.
Thank you so much for joining us on an episode of Simply Bitcoin
guys. Simply be going live, guys.
Thank you so much for tuning in for the week.
Whoo Opti really. Opting.
I put our heart and soul into these every week.
It's definitely a grind, but it wouldn't be possible without all
you guys watching and supporting us.
We really appreciate all the love.
Thank you for all the messages that were.
We've been getting on the orange.
Pull up. Thank you guys for streaming
assets on Fountain, we really really appreciate all the love.
Thank you guys so much for tuning in to Simply Bitcoin.
If you enjoyed the show, make sure to smash that like button.
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And to Simply Bitcoin. But the number one thing you
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forward is share all Bitcoin content.
Speaking of Bitcoin content I'm going to be another show later
tonight, I'm going to be on the BTC sessions.
Why are we bullish is going live at 6 p.m.
Eastern Standard times and be with David Bailey, Jason Meyer
and myself and of course, the 1ld PT sessions Going to be some
really awesome looking forward to that guys, we are holding it
down until 2:00 p.m. Eastern Standard Time, on
Twitter spaces, the the after-party, with our friends,
over at Swan Bitcoin best place to build your Bitcoin stack.
Shout out to the best producer in the game producer.
Jacob, and we will see you there if you guys want to do a live
hangout and just chill and Chad, I think Anders is going to be
there as well. So other than that, everyone
enjoy your weekend and we'll see you Monday 12.
In p.m. Eastern Standard, Time for
another episode of Simply Bitcoin live.
It's toxic simply Bitcoin. Happy hour.
I do have the Macallan 12 chilling here, but it is a
little early, and I am trying to go to the gym soon, so I don't
think drinking whiskey before going to the gym is, is the
smartest idea here. But hey, let's see, let's see
what's going on. Anyways, guys, this is Friday.
I know, I know you guys want that Bitcoin signal?
We