It's all going to zero against Bitcoin.
It's going up forever. You're against Bitcoin.
You're against freedom. Yeah, welcome to Simply Bitcoin
Live. We're number one source for the
peaceful Bitcoin revolutionary color breaking news culture,
Matic Warfare. We will be your guide through
the separation of money and state.
Guys, welcome help. Welcome to the Valentine's Day
special, February 14th of the most watched Simply Bitcoin only
live show on YouTube. Rumble and X Guys, welcome to
Simply Bitcoin. If you guys are new to the
channel, we have a lot in store for you today.
We have a great show. But first, we're going to start
off with, you know, the question, the question, the
ultimate question, why is Bitcoin going to go up forever?
So we're going to ask that question.
We're going to answer that question.
We're going to also answer the question as to why Bitcoin
continues to go parabolic. We've been talking about it for
the last couple of days. There's a there's a supply
shock, and that supply shock is about to get cut in half in
April, and Wall Street continues to gobble up enormous amounts of
Bitcoin. We have the data for you.
This is absolutely insane. This is completely uncharted
territory, and I'm gonna go back to what I said on yesterday's
episode. Highly recommend watching that
one where I said, listen guys, last bull market was cut short
because of the CCP Bitcoin mining ban, but I don't think
that's going to happen this cycle.
And then you sprinkle in the ETFs and then you sprinkle in
the halving coming up. It creates a perfect storm.
Now I'm not saying it's a sure thing, right?
Because, you know, it felt like a sure thing back in 2020,
2020-2021. But, you know, it does seem like
all the stars are aligning. And there's a part of me that's
like, the reason that I'm like, so skeptical about it and a lot
of us are skeptical about it is because a lot of us have PTSD,
especially if you're a class of 2016, 2017, we have PTSD from
the last cycle kind of cutting it short a little bit.
Right? And a lot of people are like,
wow, like I, I, you know, I endured the 2018-2019 bear
market, which was absolutely brutal.
And then this is what I got right.
So a lot of us are still kind of like in disbelief.
You know, we, we, we, we, we see the price go up.
It feels good. We're like, I remember this
feeling, but at the same time we're like like looking you
know, over our shoulder, kind of skeptical.
So, but anyways, if you look at the data, the data tells a very,
very strong story. And we're going to get into all
that today. The other part of the show
during the news and the culture are going to continue covering
the separation of money and state, how the states attempted
resistance against the adoption of Bitcoin.
The separation of money and state is ultimately futile.
It's not going to work, but doesn't mean that they can't
make your life incredibly difficult, especially if you
live in a jurisdiction that is hostile to Bitcoin.
So we're going to cover all that.
We're going to go through the history.
We're going to go through some of the latest talking points and
you and you've heard this coming out of the current
administration, coming out of some politicians.
You have to understand that put put taxation aside.
Let's not talk about that on the show, but let's talk about the
indirect taxation, which is truly how governments are able
to spend more than they collect in tax revenue, which is the
taxation of inflation. And really what that is, is a
wealth redistribution mechanism. And you have politicians and
bureaucrats and a whole administrative state that is
built on top of that mechanism. What happens when that mechanism
gets removed? Right, What happens, right, all
of human society changes, right? And this is the theory from the
sovereign individual. This is the theory that not only
is it talked about in the sovereign individual, if you've
gone, if you've been in Bitcoin for a while and you go down the
rabbit hole, you reach that inevitable conclusion.
Like, holy shit, this is really going to change things.
And I'll give you guys examples. If you guys are bitcoiners, have
you guys walked around the airport, like through the TSA?
And then you're just like walking around like Normieland
and you're looking around and you're just like realizing,
like, how inefficient this stuff is, right?
That's what I'm talking about, right?
But the world hasn't woken up to this new paradigm shift, to this
new reality, which creates a massive opportunity 'cause it's
cheaper Bitcoin. But you're running out of time
because Wall Street has woken up to Bitcoin's incentives and
they're coming in hard and they have a lot of money.
So don't sell your Bitcoin to Larry Fink.
And this is just beginning. Like this ETF got approved in
January and look at where we are now.
This is going to be a a crazy crazy ride.
Anyways, no more delay. This is the Valentine's Day
special, so coiners, we don't have girlfriends.
So I'm bringing on. I'm bringing in the next best
thing which is my best friend, my Co host Optimist Fields to
come on today's episode. But the good thing is guys that
we are heading into a bull market so we all might get
girlfriends at the end of all this.
So there. Is some good news.
There is. Light at the end of the tunnel.
If you huddle to the end of the bull market, you might get a
girlfriend anyways. How you doing Opti?
I'm doing wonderful, bro. Life's good.
God is good. You know, usually my mom's the
best Valentine day, but I guess Nico's the best Valentine's Day.
The partner, I don't know. I don't know.
Yeah, I showed up. Today is.
This is this our Valentine's Day date?
Is this the day? Yeah.
Wow. Yeah, live on air.
Simply Bitcoin dating channel coming soon.
Yeah, man, what a what a crazy, crazy time.
It it feels good 50 what we're at 52 K right now Bitcoin just
passed a trillion dollars market cap Again, it's almost like we
were right. It's almost like we were right.
But also on that same vein I think we also need to stay very
vigilant right now. I was watching the Whitney Webb
Mark Goodwin on what Bitcoin did this morning.
I highly recommend you guys watch it.
It's a good, good rip. I have like 20 minutes left.
Highly recommend you watch that. So I think it's very important
that we don't get caught up in the number, go up fervor and we
remember why we're here with Bitcoin and what we're really
trying to do. So I think this is going to be a
very important year and we're just starting to see it play off
right now, pop off. So it feels good, man.
It feels good to be a bitcoiner. Yeah, maybe.
Maybe by the end of the year, Nico, I will have a girlfriend.
We'll see, we'll see. We'll see what happens.
Yeah. And I think you bring up a
really good point, which is like not to get caught up in like the
fervor, right? And remember, guys, we are here
for the separation of money in state.
That is the ultimate end goal. The awesome part about Bitcoin
is that you might get rich in the process, especially if you
stay humble, stacks at stay solvent.
So you might get wealthier in the process.
But the ultimate end goal is the separation of money in state.
That's what we want. That's what's going to fix the
world. That's what's going to fix a lot
of people's economic woes. That's what's going to end the
endless wars. Do you want a life better for
your kids and your grandchildren and the future generations?
We must separate money from state, right?
That's, that's the end goal. But the awesome part about the
separation of money and say, unlike the separation of church
and state, is that I believe this is going to be a lot less
violent because all it requires, it doesn't, you know, require
you to pick up a gun and, you know, fight or whatever, just
not that type of revolution. It's a peaceful one.
All you got to do is you just got to opt out and you say,
listen, I'm gonna buy Bitcoin, mine Bitcoin, earn Bitcoin and
take that Bitcoin out of the system and take it into self
custody. And if enough people do that, we
win and there's absolutely nothing they could do about it.
It's as simple as that. Like it's really not rocket
science, right? So anyways, yes, it's important
as number goes up and you know everyone starts to get happy and
they're looking at their portfolios and saying like holy
cow this is great and you start getting texts from your friends.
You start looking at new cars and new houses and going on.
Zillow and like, whatever. Like all that stuff.
Remember. Remember.
What the top signal remember? What the?
Yeah, that is the top single and a signal.
And remember what the ultimate end goal here.
The ultimate end goal is the separation of money and state.
So keep your eye on the target and we're gonna win this thing.
All right, ladies and gentlemen, no more delay.
Let's jump straight into the show.
But before we do that, I do want to give a shout out to our
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All right, everybody, let's hit the numbers.
We have a lot to talk about the Bitcoin numbers.
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At the time of recording, the Bitcoin price is 51,610 SAT's
per dollar. We we kissed $52,000 earlier on
today. I was so hyped SAT's per dollar
under under 2000. Great to see 1938 block height
830,454 continues to make all time high.
That's a good sign. Blocks to having 9546 blocks
were very very close having estimate April 19th, 2024 Total
lightning network capacity 4773 Bitcoin capacity value
246,000,000 U.S. dollars. Realize monetary inflation 1.75%
Here it comes ladies and gentlemen, Market capitalization
of Bitcoin $1.01 trillion We are back over the trillion dollar
mark and Bitcoin is just getting started.
Bitcoin versus gold market cap 7.34% In the grand scheme of
things, Bitcoin's just getting started. 10X to gold.
Oh, we're so I'm almost a 10X more than a 10X to gold.
It's gonna feel so good when we cross that number.
So, ladies and gentlemen, why is the price continuing to pump
right? Especially, like, if you look at
Bitcoin's history, it's pumping before the halving.
It's kind of strange, like this has never happened before.
Well, it's because Wall Street continues to gobble up massive
amounts of Bitcoin. Big BlackRock now owns 105,000
Bitcoin. Fidelity now owns 79,000
Bitcoin. Just to kind of give you a frame
of reference, a week ago or two weeks ago when we started
reporting on these numbers, ladies and gentlemen, BlackRock
had, it was, I think, 75,000 Bitcoin.
Fidelity had like 60,000 Bitcoin.
So they're buying 10s of thousands of Bitcoin, right?
And they're almost, you know, they're almost gonna catch up to
MicroStrategy, right? It took MicroStrategy a long
time to get those 190,000 Bitcoin.
You know, these guys, you know, they're just gobbling it up.
And it's just important to remember, ladies and gentlemen,
like, look. Like it's not your keys, not
your cheese. So, you know, obviously a lot of
people are choosing or they're opting into the convenience of
the spot Bitcoin ETF. But guys that it like I'm
telling you like governments are.
Look, look at it from a historical perspective.
If governments get in a pickle, you know we have a repeat of a
six 102 order, What do you think they're going to do?
They're going to go for the low hanging fruit.
But if you have your Bitcoin in self custody, which is what we
advocate for, all our partners really advocate for that, right.
Bitcoin. Well, Self custody by default.
Foundation passport, it's a hardware wallet stamp seed.
Like literally we're giving you the tools for you to take self
custody. So there's no excuse.
Don't get caught with your pants down if this happens in the
future. I'm not saying it's going to,
but I mean look guys, remember 6102, could you imagine in the
US of the United States of America, the US government made
it illegal for citizens to own a medal like gold.
Like think about like think about that, right.
And of course, look at the last century like, you know,
governments have a a rocky, a rocky track record to say the
least, right? This is what the separation of
money in state is all about. This is what Bitcoin fixes,
right? You get the money outside of the
control of central bankers and politicians like you get it out
of their hands, right? And I think the world will be a
much better place for it anyways.
So I tweeted this out this morning.
Wall Street is running out of coins to buy and the supply is
about to get cut in half in 60 days.
Are you not entertained? Here's Anthony Pompiano.
Anthony Pompiano. He says there was $631 million
of net inflows to the spot Bitcoin ETFs yesterday.
That's 14 times more demand than the network produced in the same
day. I don't think people understand
the magnitude of what is happening right now.
So you're seeing number go up. This is why.
And around the corner, ladies and gentlemen, is the halving in
60 days, right. So that 14X number that pomp is
talking about, that's literally double that 30X, right.
So they're gobbling up thirty time on a daily basis, 30 times
the amount of Bitcoin that is being produced on the same day.
And unlike gold, remember, because gold is scarce, right?
Gold is very scarce. It's hard to get out of the
ground. When the price of gold goes up,
the production of gold goes up as well.
When the price of Bitcoin goes up, the production stays the
same and it gets cut in half every four years.
That makes Bitcoin unique. There's nothing else in the
world like that. You have to remember that.
All right, so this is kind of like a meme video, but it's
absolutely hilarious. And you know, it's just a a
American huddle giving some technical analysis.
Let's check it out. So as you can see here on the
chart, for like 4 years Bitcoin was in like the hundreds of
dollar range and it just kind of hung out there.
Yeah, like maybe it bounced down.
Maybe it bounced up, but it was basically in the hundreds of
dollar range for like 4 fucking years.
Then it went to the thousands of dollar range and it just stayed
there. Yeah, it bounced above 10
briefly, but it went in the thousands of dollars range.
Then it went to the 10s of thousands of dollars range and
it stayed there for three fucking years.
And now we're coming to the end of it.
What the fuck do you think is going to happen next?
You think it's going to go to the $0.00 range?
Now it's going to 100,000 fucking dollars?
Then fucking God 6 beautiful TA from American Hottel.
I think it's. Joined A.
Paid group, AAA. Very, very appropriate market
signals and appreciate it. Thank you, Mr. Hottel.
On a more serious note, here is Michael Saylor on CNNBC.
And of course, he takes a more serious approach.
Let's check it out. You know, I think a lot of this
is just indicative of the popularity of Bitcoin as an
asset class. It's it's now the world's most
popular investment asset. It's novel.
It's digital. It's global, that's unique and
it's uncorrelated to traditional risk assets because it doesn't
come with exposure to any given country, currency, company,
quarterly result product cycle, competitor not to weather, not
to war, not to an employee base or supply chain.
And so that makes it a natural addition to the portfolio of
responsible investor. There's ten years of pent up
demand, people been waiting for these ETFs and and finally
mainstream investors are able to access Bitcoin.
And I think that's what's driving the surge of capital in
the asset class. And initially there was a
rebalancing as people are moving capital between the futures
market and the miners and micro strategy and the ETF.
But following that rebalancing, I think the the assets found its
footing and now people are beginning to realize that
there's 10 times as much demand for Bitcoin coming in through
these ETFs as there is supply coming from the natural sellers.
Who are the miners? OK, right.
And and and I just want to emphasize that enough, right,
Which are the natural sellers? The miners, because people have
to understand, ladies and gentlemen, like what the cell
pressure is, right? So it's roughly 900 Bitcoin
mined a day, right? Multiply that by 51,000, right.
That's $45 million worth of Bitcoin mined every single day.
Say that, you know, 30% of that or, you know, 30% of that, 40%
of that, 50% of that is used to, you know, pay for electricity
bills, right? That's $20 million of cell
pressure on a daily basis that Bitcoin has to put up with.
That's about to get cut in half in April, right?
And of course, I just did math off the top of my head, did a
bunch of estimations. But just to kind of give you
guys an idea of why Bitcoin is gonna go up forever now, here is
Jeffrey Jesse Schrader shout out.
He's part of Bitcoin Kindergarten with OPTI, that's
not. Justify.
And you know here is Preston Pish talking to Pierre Richard
on the Investors podcast. But it seems like this was like
OG back in the day and let's take a look at what Pierre had
to say. Honestly, what do you think is a
conservative and that's how I like to look at it, is like what
do you think the conservative end of this is?
And whenever I think through that, I think you know on the
really low end if I had to be extreme on the low end, I think
it's a trillion dollars at the AT like.
If you had to be ridiculously low, I would say a trillion
dollars per Bitcoin, honestly. And I get what everyone like and
I know some of you are going to be like, Nico, you're wrong.
This is wrong. You're wrong.
OK, well I love the IQ bell curve chart 'cause it really
kind of just shows lays out the case.
You know, BlackRock is buying $500 million per day and we can
see the supply constraint with full transparency beforehand.
Just don't mid curve it, right. It's really, really not that
complicated And and like in case you guys like still don't quite
understand, I will literally pull up a fancy graphic for you
guys to kind of understand, you know, on on a daily basis how
much Bitcoin they're stacking and how much Bitcoin is being
produced. And not to mention the fact of
I'm not selling, are you selling OPTI?
You know, so like the Hodlers aren't selling.
So who's selling this? That's, you know, it's basic
supply and demand. If no one is selling at these
prices, what tends to happen to the price number go up And
that's what's that's what's happening now.
Wait to the world, you know, wakes up to this reality.
Wait, wait to the world. Wall Street is waking up to
this. Bitcoiners have woken up to this
a long time ago, right? Shout out to the O GS.
Can't say that I am class of 16. Opti class of 17.
Same class in my eyes, right? So.
But we've been saying this for a while now, right?
Like, it's incredibly obvious. It's Infinity divided by 21
million. That's why Michael Saylor says
his famous line. It's going up forever, Laura.
But take a look at the events that are about to happen.
Break it down one more time. The ETF, which was is the best
performing ETF in the history of the US.
It's already in the top 10 out of 3100 ETFs right Black.
Last time I checked, BlackRock with it was an eighth place out
of 3100 ETFs, and Fidelity was in 10th place.
This thing's only been around for a couple of months.
Look at the record inflows. We show you guys that number
every single day. That number keeps going up,
which means more and more people are buying that ETF via
BlackRock and via Fidelity, right?
So that there's that happening. Then the having the amount of
the amount of Bitcoin that's gonna be able to be sold on the
market is about to get cut in half in April.
And then four years after that in 2028, it's gonna get cut in
half again. Do you understand where I'm
going with this right? And now I'm compare and contrast
that with the M2 money supply chart.
Compare and contrast that with Fiat that they could literally
just print out of thin air It like that.
That's why I played you the American huddle video in the
beginning like you know it's so obvious.
Don't mid don't mid exactly what Dylan Dylan said like don't mid
level IQ it like it's really not that difficult to understand.
It's you know there's there's an there's only 21 million Bitcoin.
There's estimated four of them for about four millionaire lost.
There's 8 million people on the planet.
You know there's 300 million people just in the US there's 60
million millionaires Just if every millionaire won in one
Bitcoin they literally could not afford it.
Yeah yeah this thing is going up forever.
That's why it's going up forever.
It's just really hard to understand.
I get it. I understand I've been there,
right? But that's why it's so important
to look back in the past and you'll see the the post on
Bitcoin forums of people literally regretting like, like,
like, wow, I missed 100. Like, I missed Bitcoin and was
at $8. Now it's $100.
I I missed the train. You hear that right?
Now you're like $100 Bitcoin. Like, holy cow, right?
So now that we're sitting at $51,000 Bitcoin, think five
years from now. Think 10 years from now when you
had the opportunity to buy it at these price levels, right?
So anyways, Opti, what's your take on all this, bro?
It's a bullish episode. It's a bullish episode.
Wow, So bullish. I just choked on my own saliva.
Hold on. OK.
Hold on. Sorry guys, I almost died.
Opti's turning red. Almost died live on air it is.
Valentine's Day, so I understand.
All right. What do I think of this?
First and foremost, Nico, you're really making me look bad at the
very beginning. I said let's try not to get too
crazy. And then Nico just jumps into
like, the most bullish sentiment.
Hold on a second. How is that?
How is that, like, bullish sentiment?
Oh yeah, the facts, bro. I know, I know that's what I'm
saying. Like it it to me, I'm just
feeling so bullish like literally I'm I'm going 180 on
what I told you guys in the beginning.
I'm just going to go like full bull tard here and you know,
shouts out to American Huddle and Piero Shard.
I I I remember that Piero Shard clip.
It is definitely I think a few years old by now and American
Huddle just cracks me up and and this is kind of what I'm saying
like like I get as both hearted as everyone and we're all
feeling the fervor and I'm sure this whole year we're going to
get even crazier. But when you really break down
the fundamentals of what's going on, it's super hard not to get
bullish on Bitcoin when you understand what is actually
happening in real time. And This is why we always say,
as the meme goes, you know, it's going up forever.
And so it's very simple there. I think the total market tonight
and I might be overshooting this a little bit, but the last time
I checked, I think the total global assets is like $900
trillion. It is.
It is, yeah. And Bitcoin just passed again,
$1 trillion. And gold is roughly around,
what, like 10 trillion? Yeah, it's 13 now.
So like, if you don't fundamentally get where this is
going, all I can say is, you know, one, watch more simply
Bitcoin. Two, maybe do some research or
just go full left side of the bell curve and just stack
Bitcoin as much as possible. Just don't even worry about the
price, just stack as hard as possible and hold it for as long
as possible. And in time you're gonna be
very, very happy that that is what you did and like it.
It's very simple, you know, 21 million hard cap and then you
add on top of that that just probably like 5 million Bitcoin
lost or something like that. Bitcoin is even more scarce than
we understand and 8 billion people are going to vie for the
position to try to get some Bitcoin.
So at the price that it is now what roughly 50K there, the the
price has to go up it. It's just simple maths, you
know, maths is hard, but it's just simple maths.
But on the ETF news, circling back a little bit, man, the
amount of Bitcoin that that they're scooping up.
Nico, I don't know, maybe it's just like my paranoid Bitcoin,
you know, mine going off. But it's starting to.
I'm starting to feel that like kind of scared like Oh my God,
they're taking. I know, I know.
It's like they're taking so much Bitcoin.
It's absolutely insane. I know, everyone, hold on that.
That's a good point. That's a good point.
We should actually talk, Yeah, they are.
They are taking a lot of Bitcoin.
But it's important to like take a look at the like a perspective
of of, you know, like essentially who's holding what.
But in the grand scheme of things, guys, this is nothing
compared to the Hodlers, right? Like the Hodlers own the vast
majority of Bitcoin. Like these guys don't even come
close. Like even with the US government
trying, you Add all of this, right?
It's a couple million Bitcoin, there's 21 million.
Where are the rest of that Bitcoin that the rest of that
Bitcoin, the O GS, right. The exchanges, right,
individuals. So yeah, I mean we front ran
Wall Street. We front ran government and the
US government for some reason keeps selling it to us for for
for paper money they can print more of right?
So anyways, I get you bro, I get you.
But Bitcoin's the money of enemies we have to be OK with,
you know? I'm totally OK with that.
But I'm also trying to stay vigilant here.
You know, Larry Fink is scooping up way too much of Bitcoin.
It just it makes me uncomfortable.
But. This is why.
You know, This is why Bitcoin is the real Occupy Wall Street.
You know, take stealing a meme from the past.
As much Bitcoin as they try to scoop up, This is why it's so
important for everyone to be huddling.
And again, the numbers there. What is it like 70 to 80% of all
Bitcoin is being huddled by people that know what's hold,
what what they're holding. So hey, you know, if if Wall
Street wants to incentivize you to sell them their Bitcoin, then
the price is going to have to go up before people start dropping
Bitcoin. So hey, what a what a time to be
a bitcoiner. We #frant ran Wall Street and
and now we're starting to see the world's waking up to it.
So it's just, hey man, it feels good being a bitcoiner.
This is why it's always Life is good when the show starts,
because no matter what's going on in the world, you own Bitcoin
and you're ahead of the curve. 100 percent, 100%, It's awesome.
OK, ladies and gentlemen, we have a lot to talk about during
the news. So started off bullish, started
off optimistic, but now we got to cover, we got to cover the,
you know, a quick update on the separation of money and state
what is currently happening kind of like what the mental
gymnastics are. A lot of, a lot of people that
believe in the Fiat system. So we're going to cover that,
what the consequences are. And remember, you know if you
had the power of the money printer, you know maybe you have
a high moral code, right? But a lot of people in power,
you can't say they have high moral codes, right?
Would you just give over that power gently?
No, of course not. Do you think governments are
gonna just give over that privilege or you think they're
just gonna say, oh, you know what, there's a better money,
guys, we're just gonna go gently into that good night.
That's not gonna happen, right? So there is gonna be a little
bit of resistance. And that's why it's important
what Opti was saying, that we, we remain vigilant on what is
exactly happening. And also we take action.
And the action that you can take is taking Bitcoin into self
custody and then spreading the orange gospel, right?
Going to your friends and family.
If they don't know how to take self custody, be that Uncle Jim
and your family be that person, right.
That shows them the benefits of self custody.
How to take self custody, right. So this is how we win, ladies
and gentlemen, winning over the hearts and minds.
We have to have intransigent minority in the US so that if
any type of very anti hostile Bitcoin regulation gets
introduced, it has absolutely no shot of getting past because
such a large percentage of the population are holding Bitcoin
themselves, right. We have to get to that point.
There's gonna be an inevitable clash.
Governments are not gonna like competition, right?
You're starting to see inklings of that.
So we're gonna talk about all that during the new, during the
news. Let's get to it.
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more ladies and gentlemen. So I do the first segment.
What I'm going to cover is basically the disconnect, the
disconnect between politicians and also I would only say the
disconnect. Frankly, I'm just going to be
blunt. The gaslighting, because that's
really what it is. And you have to understand that
this is the separation of money in state, OK?
And the way that we win, ladies and gentlemen, is by waking up
people to the truth. OK?
Don't fall for the left and right, divide and conquer.
I'm going to vote Donald Trump or I'm going to vote Joe Biden
to office. I'm not saying voting isn't
important, but I'm saying the most important vote that you can
actually make that will actually make a difference is by taking
Bitcoin into self custody literally.
Like you could scan the QR code, take you to the Foundation
Devices website. There's a bunch of other
hardware wallets too. Obviously we recommend our
sponsor, but like literally that is the most important vote you
can make is taking Bitcoin into self custody.
That is how we're going to effectuate change.
So I don't care if you ideologically, you know, lean
left or ideologically lean right.
I don't. I don't care, right?
What I care about is, are you on Team Freedom?
Are you on Team Bitcoin? Are you on Team Optimism, peace,
prosperity, opportunity for all? Are you on Team Green?
Team nihilism, Team theft? Team Poverty?
Team Nihilism? That's really the battle at
hand. And you have to take action and
agency, and you have to take this upon yourself.
It's not as easy as just tuning into simply Bitcoin every single
day, right? It's you have to go out and tell
your friends and family around you and you have to tell them
right, 'cause I'm sure a lot. You see this all the time.
It's rampant all over YouTube. Like you see a lot of these
political channels, right? Whether they're on the left and
the right, and they're just complaining and they're like,
you know, they're they're they're like they're doing all
these things. And like, as Bitcoiners, we have
the solutions to half those problems.
If you fix the base layer of society, if you fix the money,
it I truly believe a lot of the world's problems would go away
and a lot of the people fighting would stop fighting.
The fighting is caused because people are feeling the pain.
That's really where it comes from.
But the way that politics is set up right now is that it's like
instead of personal, instead of being like dude, it's the money
printing. What they do is that they blame
the other political party in power.
That's what they do. So don't get distracted by that
and stay on message. Remember Democrat, Republican, I
don't care. I will vote for you if you are
going to protect my right this evening, even though I'm going
to do it anyway. But if you're going to protect
my right to self custody, if you're going to protect my my,
you're going to protect me as a bitcoiner.
You're going to stand up for me as a Bitcoiner.
If you're a Democrat, Republican, I will vote for you.
I don't care, right? And wherever you live around the
world, because I know we have viewers all around the world,
it's the same thing. Is your politician is the
politician that's representing you?
Are they for Bitcoin or the anti Bitcoin?
If they're anti Bitcoin, they're pro theft.
If they're anti Bitcoin, they're pro war.
If they're anti Bitcoin, they're poor, They're they're for
control, right? That's simple as that.
This is really not complicated. So anyways, all of that being
said, let's play you guys this clip a very interesting, let's
check it out. You're calling for a $50.00 an
hour federal minimum wage. That's seven times the current
national minimum wage of 7/25 an hour.
Can you explain how that would be economically sustainable for
small businesses? You have 60 seconds.
First, let me say I owned and ran a small business for 11
years. I created hundreds of jobs,
benefits, retirement benefits, also healthcare benefits.
I know what worker productivity means, and that means that you
have to make sure that your employees are taken care of and
have a living wage. In the Bay Area.
I believe it was the United Way came out with the report that
very recently 100 and seven, $27,000 for a family of four is
just barely enough to get by. Another survey very recently,
104,000 for a family of one, barely enough to get by low
income because of the affordability crisis.
And so just do the math. Just do the math.
Of course we have national minimum wages that we need to
raise to a living wage. You're talking about $2025.
Fine. But I have got to be focused on
what California needs and what the affordability factor is when
we calculate this wage. OK, OK, so talking about the
affordability prices, talking about, you know, people can't
afford stuff and the solution to this is just raising the minimum
wage like. But the problem is, and this is
ladies and gentlemen, where we have to wake people up to the
scam, the racket. Because this is a scam, guys, if
you use better money, you don't need a raise in minimum wage.
Everything gets cheaper. Simple as that.
If you use, if you use sound money, you won't need to.
It's like that. That isn't even talked about.
The reason they have to keep on raising wages the way they are
is because of this, the amount of money that they're printing.
Check this out. So this is the M2 money supply
chart by the Fed, right? Take a look at housing prices.
This is not a coincidence. Why did Why did they just?
Why didn't just go up? Why'd just go up when they
printed all that money When they print money?
It's a wealth redistribution mechanism from the lower and
middle classes that don't have the means to save an assets back
to the very wealthy that do have the means to save an assets,
even though they're not necessarily getting wealthier,
maybe getting wealthy on paper and back to the government.
You want to know what the solution is to this problem?
The affordability crisis. It's the separation of money in
state. It's getting the state out of
money. You want to know why things are
not affordable? It's because of inflation.
You know who's responsible for inflation?
Not companies. And remember, Joe Biden Gas lit
us too. Remember the Super Bowl?
He took advantage of the Super Bowl to lecture us about how to
lecture us essentially about how, you know, these Fiat junk
foods are getting smaller and smaller in their packaging.
But and they're blaming companies.
And this lady right now, she's blaming companies.
She's saying like companies should raise the minimum wage no
one could afford to live. That is literally caused because
you guys printed so much money. Government is responsible for
this. So seeking a solution from the
people that are responsible, I think it's a bit naive.
And then not only that, it's not only seeking a solution and
they're offering a solution, it's that they have the gall to
gaslight you in the process and basically call you crazy and
say, hey, listen Turk, Thanksgiving has actually gotten
cheaper. These companies are the ones
that are effing you because they're greedy and taking
profits. It has nothing to do with the
fact that we're debasing the currency.
Therefore, it puts, it puts these companies in a position
where, hey, guess what, now they have to either shrink the
packaging to keep the prices around the same level so that
people buy their products. What the F happened in 1971,
right? It's a very, very important
question to ask. And again, the numbers show for
it. The numbers.
And not only do the numbers show it, ladies and gentlemen,
because most important, most importantly, you have to focus
on how they react to it, right? Because if there's a solution to
this, if there's a solution to the quote UN quote,
affordability crisis, if you've been saving in Bitcoin five year
timescale, which is what we recommend, everything has gotten
cheaper. The dollar, oil, let's go to
commodities, right? Beef, eggs, remember that's one
of the talking points that we always hear, right?
You know we've lowered the price of eggs, right?
The inflation has gotten lower. Well if you've been saving and
earning in Bitcoin on a five year scale, things have got in
the lowest is 79% cheaper. So there's a solution to the
affordability crisis. However, the solution is a non
state solution and then we always bring this up, which is
Bitcoin exposes all incentives. And here's the thing, are these
politicians really for the people, By the people.
And Bitcoin has this beautiful thing.
The beautiful feature that I love, that I hear not that many
people talk about is that it exposes incentives.
Now, if it is a solution to the affordability crisis and you can
make an argument that it's a solution to shrink inflation, if
it's a solution, you would think, hey wait a second, you
would think that these politicians would be for it,
right? That's not at all what is
happening. Let's take a look at the the
economic report coming out of the White House.
Right. This is something that we
covered when it came out last year, March 21st 2023, since the
Biden administration took aim at cryptocurrencies in a new report
arguing that many aspects of the digital asset ecosystem are
creating issues for consumers, the financial system and the
environment. The quote Economic Report of the
President, published on Monday, is an annual publication of the
Council of Economic Advisors aimed at explaining the
President's economic priorities and policies.
The March 2023 issue included an entire chapter on digital assets
and economic principles. And here's the thing.
They quote, they quote economic principles, Ladies and
gentlemen. In those economic principles,
they make the case for central banking, which is literally what
caused what she's talking about, The affordability crisis, the
government debasing the currency.
OK, but you'd say, Nico, that's just one report.
You're crazy. Let me introduce you to the
Elizabeth Warren Warren bill that if passed, these are Pierre
Richard's words, not mine. Would essentially kill the
Bitcoin mining industry in the US.
Not only would it do that, it would also attack self custody.
Why are they so hell bent on attacking self custody?
Because then they can't 61O2 order if they get in a pickle.
So this all like comes into, it all kind of goes around and all
kind of summarizes itself into Bitcoin has really exposed what
the state is. And from my perspective,
unfortunately, right, if you look at Abraham Lincoln's like
famous, famous speech right, government for the people, by
the people. Unfortunately, central banking
since 1913 has frankensteined the government to being a
government by the government for the government.
It is not a government by the people, for the people.
If American cities are falling into decay.
And this happened yesterday, by the way, in the dead of night.
And politicians are prioritizing sending $60 billion to fund a
foreign war and they're prioritizing that rather than,
you heard her, the affordability crisis.
I think we need to have a conversation now.
This is something that was predicted.
Now this is something that we knew was gonna happen.
Bitcoiners knew it was gonna happen for a while.
But this, to give him credit, is a book that the sovereign
individual, of which Peter Thiel wrote the foreword to it,
predicted this and the reason it predicted this.
And it said that the Internet has changed the discussion.
The Internet has changed everything.
They call it information technologies.
And the culture segment will elaborate on that a little bit
more. But to kind of summarize this
block up, I do want to read you some of these passages.
Things will start to make sense a little bit more.
So it says new technologies will allow the holders of wealth to
bypass the national monopolies that have issued and regulated
money in the modern period. Their importance for controlling
the world's wealth will be transcended by mathematical
algorithms. They have no physic.
They have no physical presence. In the new Millennium, cyber
money controlled by private markets will supersede Fiat
money issued by governments lacking their accustomed scope
to tax inflate. Governments, even in
traditionally civil countries, will turn nasty.
Businesses that offer offer services that facilitate the
realization of autonomy by individuals will be subject to
infiltration, sabotage, and disruption.
Arbitrary forfeiture of property, already commonplace in
the United States where it occurs 5000 times a week, will
become even more pervasive. Governments will violate human
rights, censor the free flow of information, sabotage, useful
technologies and worse. This is where we are in the
movie, ladies and gentlemen. So when you see here the
gaslighting, they're doing that on purpose.
They're not naive. This is on purpose.
And and it's, and I don't blame them, they're protecting their
Moat. They're protecting that very
sweet, special privilege that they've had, that they feel that
they're entitled to. And remember what Hayek said.
We have found a sly roundabout way of which they cannot ban.
And because they cannot ban it outright, and we'll get to more
of that during the culture segment, they have to compete
with it. And here's the thing, Bitcoin is
just better. And because it's better, who do
you think's going to win that competition, right?
So anyways, this is very exciting times guys.
Once we get over this bump, once we get over this hill, I'm
looking, I'm seeing, I'm forcing a freedom renaissance the likes
of which humanity has never seen before.
And I'm beyond excited for that because it it's going to be
another step in in humanity. Just like the separation of
church and state was a big step, the separation of church, I
mean, money and state I think is going to be an even bigger step.
And I think the world's going to be a lot better for it.
Not only a lot better for it, Not only is it going to have
more economic opportunities, but also it's going to be a lot more
peaceful too. Without that money printer, they
can't keep funding those endless wars.
They need that money printer to be able to afford those things.
So anyways, very exciting times. Opti, what's your take on all
this? Yeah, so let's First of all,
Mika Jones is so back. Mika Jones is so back.
They'd love to see it. First of all, let's go back to
that clip. I don't know who that Lady was
talking about. A $50 minimum wage.
But it's very interesting. You know, I say it all the time
and and we have the meme Bitcoin, that Bitcoin changes
you. You don't change Bitcoin.
And before Bitcoin, $50.00, an hour minimum wage like that
would have sounded like a good idea to me.
Obviously I wasn't very educated in in Austrian economics.
I didn't really understand economics.
And you know, as as an average everyday person, you're like,
yeah, pay me $50.00 an hour to do my minimum wage job.
Like that sounds awesome. I I would love more dollars and
then you know, I found Bitcoin and I learned through a lot of
study and and just diving into the greats of economics, the
Austrian economists out there that explain to you the real
source of the problem. It.
Dawns on you that a $50 minimum wage would actually cause more
issues than solutions. And it's very interesting that
we are in this position right now where you know, all the
talking heads on corporate press are are just constantly trying
to gain favor by people that really don't know what's going
on. And they always just like spew
out ridiculous quote UN quote solutions.
And again, you started that rip with like don't fall for the
division. Guys like this is the important
part about Bitcoin. Like Bitcoin is a political
money. It is the separation of money
from state. It's Bitcoin versus Fiat.
It's not, you know, Democrat, Republican, or whatever your
political affiliation of choice is.
Anyone can adopt Bitcoin. Bitcoin is neutral money, and
this is a feature. Anyone can use it.
And this is the beauty of Bitcoin, is that it is just a
neutral money that sits out there, that no one can control,
that no one can manipulate. And that in turn, like Niko was
saying, will improve society as a whole.
Especially when you're able to, you know, eliminate the parasite
or the Leech that's funneling off value to themselves.
What do you think is going to happen to society when people
are able able to retain as much of their value that they create
as possible? You will see that individuals
not only will mentally free themselves, but financially free
themselves and start creating the things that they want to see
in the world. And society will improve in the
last 100 years since the Federal Reserve was created, since we've
basically gone on a paper money standard, it's very you can make
a very compelling case that society is starting to
degradate, that is starting to devolve.
And I would argue it is because the money.
That's why bit corners always say fix the money, fix the
world. So as much of the idea sounding
good that Oh yeah, let's raise 50 minimum wage to $50.00 an
hour. Obviously an average person that
is stuck in the hamster wheel, stuck in the rat race like of
course this sounds good. It sounds like, yeah, I would
love to have more money, but if you don't understand the the
mechanism playing out right now, that would actually hurt you
more and you would essentially never make it out of the rat
race, even though you are making more dollars because they would
essentially just be inflating the money supply.
Like, where is this money going to come from?
And not only that, she started that rant with like, I once
owned a small business, like how are these small businesses going
to be able to pay for this? There'd be no more small
businesses left and there'd only be the huge corporation in the
world. So it's very interesting that
the very people that they are trying to angle this message
towards would get hurt the most in this process.
And of course they never talk about this, they never talk
about the 2nd order effects of printing money, of price fixing,
and it essentially would hurt you, the individual.
And This is why we always say opt out of this.
You do not want to use a money that another man or a woman can
create out of thin air, and that's what Bitcoin is.
And so you need to protect yourself because these
politicians out here again, you know, I said it yesterday, a guy
talking about the Roman Empire, but we are at the point of a
declining empire where the politicians and now the bankers
are just trying to steal as much as possible, as quickly as
possible before the population wakes up to what is actually
happening. And This is why we tell you that
you need to take some personal responsibility.
You need to take some initiative and you need to save in Bitcoin
or else you're really going to be in a world of pain.
And you know, unfortunately, I don't want to see that.
But again, I can't force you to save Bitcoin.
We just do our best to either emotionally or logically hook
you into the idea that you want to use a money that cannot be
debased. It's a very simple idea, like,
we don't have to complicate this.
You just need to save in something that cannot be stolen
from you, AKA Bitcoin. Exactly.
Don't, don't middle of of the of the bell curve.
It like it's really not that complicated.
Ladies and gentlemen, it's really not that complicated
anyways. So guys, let's get to the
culture. We have a lot to talk about
still. But before we do that, I do want
to give a very, very special shout out to our sponsor.
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to the culture. We have a lot to talk about
today. Let's check it out.
Here we go. The Daily Culture.
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No more delay. We have a lot to talk about in
terms of culture. Let's get to it.
So let's start off with this first.
This is something that came out of the United Kingdom.
So not only are they attacking self custody here in the US,
this is happening you know on a on a world at a worldwide level,
right, specifically in the countries that have very, very,
very powerful Fiat currency. So those governments, they're
protecting their Moat. We just talked about it, right.
So this is coming out of the UK. This is confirmed by the way.
So this is an e-mail that Kraken in the UK was sending, sending
everyone. By the way, this is coming to
the US like make no mistake, they're going to try to do this.
The Elizabeth Warren Bill is actually already talking about
it address a major gap with respect to quote unhosted
digital wallets, meaning wallets of which you have the keys to
and the government doesn't have the keys to anyways.
Regulation in the UK require that we maintain up to date
information about our clients and their account activity
regarding self custody wallets. A self custody wallet is 1 where
you manage your private keys yourself, for example a hardware
wallet. After you reply or so, you have
to confirm that you own or in control of the self custody
wallet that you're sending or receiving from.
If you do not own or control the self custodial wallets that
you're sending and receiving from, please detail which
addresses these are and who the owner and controller is and
provide their residential address.
It's very similar to what happened in the US, right?
If you send more than $10,000 or the equivalent of $10,000, you
have to literally send that person's name, address and
Social Security number to the IRS, right?
So same thing. Now Beauty On had a great take.
Beauty on is the founder of this amazing Bitcoin company called a
Stecco. And what a Stecco allows you to
do is it allows you to by purchasing vouchers, it allows
you to stack non KYC Bitcoin. And he provided a historical
example and I did a little bit of research myself.
So in the 1990s, the French government, and this is, goes
back to a point that I was making in the beginning of the
show, that governments like, you know, like the church back in
the day, they will try to stop the transition into the
information age. They will try it.
They will do whatever it takes. Right.
There's a great, there's a great quote by Naimbu Kele just to
kind of give you an idea of what they're willing to do.
Right. They're willing to fight, lie,
smear, destroy, censor, confiscate, print and do
whatever it takes to maintain and increase their control over
the truth and everything and everyone.
Just to kind of give you an idea that's not Nico's words.
That is the president of El Salvador, Naimbu Kele.
So anyways goes on to say this is beauty on.
In the 1990s the French government tried to mandate that
everyone using PGP store a copy of their secret key with a
government department when they discovered that SSL worked with
key pairs and that they would not be able to.
This is a French fight to Le Comos Ellotic without
dynamically creating an unregulated SSL certificates on
demand. The proposal was dropped.
The same thing will be true for Bitcoin in the end.
When everyone on earth is using Bitcoin and a billion people are
on samurai wallet, no government that wants to avoid public
humiliation will mandate that Bitcoin wallet users register
with the government. Most bitcoiners know nothing
about the history of public key cryptography, the laws the state
attempted to pass to control it, and how all of this applies
directly to Bitcoin and all they know about is number go up,
right, Right. It's it's important guys.
We talked a lot about number go up.
But remember, this is the separation of money in state.
So during the culture segment, I do want to talk about this.
I do want to talk a little bit about the history of government,
specifically here in the US fighting the ability for the
public. I'll I'll read you the Wikipedia
summary because I think it describes it best.
It's basically attempts by the government.
These are so-called the crypto wars.
Not crypto as in cryptocurrency, but crypto as in cryptography.
So it's an attempt unofficially dubbed the Crypto Wars have been
made by the United States and allied governments to limit the
public's and foreign nationals, the foreign nations, access to
cryptography strong enough to thwart decryption by national
intelligence agencies, especially the NSA.
And remember, ladies and gentlemen, remember Barack
Obama, We played you that video, right, a couple days ago where
he's literally saying, you know, the world would basically go to
shit if everyone had a Swiss bank account in their pocket and
we, the government, couldn't have access to it.
Well, let's take a look at that, right.
Let's take a look at that. So this is Tucker, right?
And we talked a lot about Tucker.
And a lot of people, maybe they took it personally because they
don't like the guy, they don't like Putin, They don't like the
interview that he conducted. But this is a tweet that I said
a couple days ago before I play you guys.
That video. And I said Tucker's interview
represents the beginning of a future where individuals decide
what to believe and not governments.
And then someone got mad and they said, you know, they he
interviewed Tucker and he interviewed Putin.
And Putin's a bad guy. Hey, listen, Putin's a trained
KGB agent. I don't believe what the guy has
to say. But if that's what your focus
on, you're missing the point. The historical significance of
this event lies in the fact that the interview happened in the
1st place and was distributed on such a large scale, thereby
circumventing the traditional gatekeepers of information, not
the substance of the interview. That was the historic event.
Because essentially what governments would like you to
believe, what Barack Obama would like you to believe, is that
they are not going to use these so-called back doors against
you. Now don't believe me?
I read you a phrase from the from Naimbu Kele.
Now hear from Tucker. I'll start in reverse order.
Why now? Well, I've been trying for three
years to do this interview. The US government prevented me
from doing it by spying on my text messages and leaking them
to the New York Times, and that Spooks the Russian government
into cancelling the interview. So I've been trying to do this,
but my country's Intel services were working against me
illegally, and that enraged me. Because I'm an American citizen.
I'm 54. I pay my taxes.
I obey the law. And there was no expectation in
the America that I grew up in that my government and its Intel
services, NSA and CIA, which were always outwardly focused on
our foreign enemies, would be turned inward against American
citizens. And I'm, I mean, right, Like and
then kind of making full circle, right?
Because you could say OK, but Nico, they're entitled.
No, no. This is literally enshrined in
the constitution and you tell me if spying on text messages of
citizens. Remember there's freedom of
speech right. If requiring you to so-called
register you know your Bitcoin addresses or it's basically
saying that self custody is illegal.
Tell me if you believe this might go against the 4th
amendment. I'm gonna read it to you guys
and you let me know what you think in the comments.
The 4th Amendment to the United States Constitution is part of
the Bill of Rights. It prohibits unreasonable
searches and seizures and sets requirements for issuing
warrants. Right.
And then you'd be thinking like Nikko, like, yeah, that's
totally unreasonable. Why is this happening?
Well, to go back to the sovereign individual, lacking
their custom scope to tax, inflate and inflate, governments
even in traditionally civil countries, will turn nasty.
This is why this is happening. The the Internet has
disintermediated money, but it is also disintermediated
information, and we're all living in the chaos of it right
now. And what you can do as a
sovereign individual, what you can do as a bitcoiner, is
empower yourself. Do your own research.
Don't rely on a single point of information.
Don't rely on, you know, a single wallet.
Don't rely on what people are telling you.
Do your own research. Don't rely on the government's
money. Choose what money you want to
use. Obviously we recommend Bitcoin.
Clearly it's the best money, but don't believe me?
Verify it yourself, right? Stop trusting other people.
Especially when you have the capability, you have the tools
in order to empower yourself to do your own research and to self
custody, your money as well, right?
So this is an inflection point in human history and it's
incredibly exciting because I'm telling you, it's going to
change absolutely everything. Now, the last thing we want to
happen is for people to get left behind, right?
I don't want that to happen. I don't want that to happen to
my family. I don't want that to happen to
my friends. So I fight every single day to
inform the people around me and to tell them about the tools
that they can use to empower their to empower themselves,
right. So anyways, Opti, what's your
take on this? Yeah, so I mean, first of all,
that cracking news like what they're trying to KYC your
private keys like the UK is crazy.
What is going on? That's absolutely insane.
I mean, we know that this was going to happen, but when they
actually roll it out, it just makes me wonder like how that
you can enforce this. But anyway, that's that's
totally other conversation. I mean that's the whole point of
that's what that's what beauty on was saying exactly.
It's unenforceable. It's unenforceable.
They're they're they're fighting an uphill battle.
But at the same time, it's like what they're trying to enforce
itself is like, so it's so anti American opti me and you are
immigrants dude, this wasn't the country we were sold on.
The land of the free my ass. This isn't this.
Like what is this shit? This is crazy but connected with
what I was saying during the news segment.
It's like they're acting like this because they're desperate
to protect the privilege of the money printer.
That's literally what they're trying to do.
Exactly. And that's where I was going.
Like, we know that the powers that be will try whatever they
can to stop Bitcoin, and we all know we covered it last year in
detail. Like I don't know every other
couple of weeks that the on and off ramps are the choke point.
And remember Operation Choke .2 point O we know that they were
going to try to attack the exchanges.
Whether that means making them go through unnecessary loopholes
or trying to KYC everything coming from the exchanges or
outright just trying to ban Bitcoin yet, we're not there
yet. But this is how they do that.
Sly, roundabout ways in quotes to try to hamper Bitcoin.
And man, This is why we tell you every single day that take
custody of your Bitcoin. Holding Bitcoin directly is the
revolution. This is why in the beginning of
the show I was kind of saying you know the all the Bitcoin
flowing into a spot Bitcoin ETF starts to make me feel uneasy is
because I am a die hard monetary maximalist.
I am a die hard self custody maximalist.
I think holding Bitcoin directly is the safest way to interact
with your money moving forward in digital age.
And the fact that they're trying to stop you from custodying your
Bitcoin, or rather tag and bag you your UTXOS and and your
control of your Bitcoin just goes to show how powerful it is.
And this is them trying to stop it.
You know, take custody of your Bitcoin.
It's not illegal yet though we know that they will try to stop
Bitcoin. Remember, I jokingly and
sarcastically say that Brad Sherman and Elizabeth Warren are
my favorite politicians because they say the quiet parts out
loud and they are active, actively afraid of you taking
custody of your Bitcoin. And it's absolutely ridiculous.
Like, what are they going to do? Outlaw 12 words?
Like it's literally words. They can't stop Bitcoin.
It's literally, it's nothing but ones and zeros and letters.
It's words like they can't stop the human language.
Do you blame them? Like no, of course they don't
know that, dude. They've been used to this God
like power of of having that type of control over other human
beings. Like like it doesn't surprise me
whatsoever that they're attempting to you know to to to
try to be like you know what like no, like we could still do
this right. That's the pill that they're
gonna swallow and they're gonna hate it like they're gonna
they're gonna, you know in the sovereign individual and I think
Svetsky caused the the laggards, right.
Something like that, right? Like, yeah, the world is
changing, guys, and you can't stop it, like the famous quote.
Or is you can't stop an idea whose time has come.
It's here, right? You can't stop this thing.
You either get on the train and change with the times or you get
left behind. This is the equivalent of saying
that you're not gonna use a smartphone today, right?
Like, it's the same thing. Like if you told me that back in
the 90s, like, you know what, in in 20 years, if I knew that the
smartphone existed, I'm gonna stick to my landline, right?
Like, it's the same thing, like move with the times.
And The thing is guys, like not everyone is capable of that.
So that's where your role comes in as as an individual, you have
to help your friends and family. They're not as awakened as you
are, right? They're not watching simply
Bitcoin every day. Right, they should be.
That they should be, but they're not tuning into the show.
So because they're not tuning into the show, I mean, like guys
play that role, be that Uncle Jim, right?
Anyways, optium, sorry to interrupt you.
No, no, no, you. We pretty much covered it like
guys, they can't stop the English language, or rather,
they can't stop language in general.
Bitcoin is literally just ones and zeros and words.
So the fact that they're that terrified about, you know, 12
words just goes to show that, one, they fundamentally don't
understand Bitcoin, and two, it's going to be absolutely
impossible for them to stop this.
They will try. But This is why we tell you guys
to take Bitcoin into custody, be a part of the parallel Bitcoin
economy. You know, hold Bitcoin directly.
It is not your Bitcoin if you don't own the keys and like you
mentioned, you know shouts at the beauty on.
I know everyone in the chat's probably blocked by beauty on
but he's one of my favorite Twitter follows and and you know
we we have a precedent for this the the crypto wars of the 90s.
It just goes to show that this is a futile attempt from
politicians and hence why it's so important to stay village
vigilant. Even though we all get excited
about number go up remember why we are here.
The why is the most important aspect about Bitcoin.
Yes, you know, getting fabulously wealthy is is a perk
and a positive, but taking the money printer out of their hand
is the most important thing moving forward.
Having a hard cap, money having, moving the world towards a hard
money standard is how we get back to a more prosperous
future. And that's why we're here.
You know, I don't have kids yet. Nico's about to have his first
child, but the whole goal here is to pass on a better world
than the one we left. I remember growing up in a world
where that was like the the standard status quo line, like
make sure you leave the world better than when you left.
And here we are, having seen politicians.
And again, I don't mean to disparage the boomers out there,
but a small cabal of boomers out here.
They're like, let's just fleece the world for as much as
possible, get our kicks on Route 66 and, you know, F them Gen.
Z and millennials, like, they're entitled.
You should just work harder. I used to live off one, work one
job. And you know, and they they,
they don't really get into the economics of the situation that
for most people it is a hopeless and futile future because they
are on the Fiat standard. And This is why we do what we do
and we try to find different angles to explain to people
whether it's through a logical route, whether through an
emotional route so that they realize what the game is.
You are getting fleeced again. Let me full screen this.
You are getting stolen from and you don't understand the
mechanism and it is because of the Fiat money and they will do
anything they can to stop Bitcoin.
Amen. I mean bro, give yourself some
bars. Listen guys, thank you so much
for tuning in to another episode of Simply Bitcoin Live.
I hope you guys enjoyed the Valentine's Day special.
We covered a lot on today's episode.
Hope you guys enjoyed it. I'm your host Nico.
This is my legendary Co host Opti.
We love you guys. Smash the like button.
If you guys enjoyed the show really helps with the algos.
Consider subscribing If you feel like we provided you value.
We'll be back tomorrow for Thursday's episode.
Episode. Yeah, another episode of Simply
Bitcoin Live. Peace out, everybody.
Take care and enjoy Valentine's Day if you have a girlfriend.
Don't worry though, it's bull market next year.
You will probably have a girlfriend by next.
Year. This time next year, you'll have
a girl.