It's all going to zero against Bitcoin.
It's going up forever. You're.
Against Bitcoin you're against freedom yeah we're going to
simply Bitcoin live your number one source for the peaceful
Bitcoin revolution to cover breaking news culture Matic
warfare will be your guide through the separation of made
money in state Ladies and gentlemen, you're tuned into
simply Bitcoin, the most watched daily Bitcoin live show on
YouTube Rumble and X sit back relax, enjoy the ride.
We have lots to talk about today, starting off with Michael
Saylor once again breaking the Bitcoin echo chamber and
therefore moving the Overton window in the process.
US Bitcoiners already know. We already know the talking
points. We already know the ethos.
We already know the money's fundamentally broken.
How you really move the envelope is you get the ideas of Bitcoin,
you get the majority of the population, population asking a
very important question. What is money?
Why does money have to exist that decreases in purchasing
power? What is inflation?
What are these like important talking points?
And one of the things that he brought up on this extremely
popular non Bitcoin podcast, he basically brought up an idea
that I've been talking about for many, many months, which is in
the current system, if you're someone who's wealthy, if you're
someone that not even wealthy, if you're just, you know, upper
middle class or upper class, right?
Like not even the top, you know, 5 or 1%, you're basically forced
to become a part time investor just to maintain your purchasing
power. That is nuts that we live in
that type of world. Like that type of world is
bonkers, right? That's why you have the premium
on housing. That's why, you know, you have
the premium a lot of these assets, because it's not that,
you know, housing is actually worth that much.
It's that people are trying to escape inflation.
They're they're like seeking a return, like, you know, like
vicious hyenas because they, they can't like, they don't have
a choice. Like you can't just leave that
cash in a bank account. And one of the things that I've
seen a phenomenon that I've seen with like higher net worth
individuals is I tell them I'm like, all you have to do is buy
Bitcoin and put it into self custody and that's it.
And they're so used to living in a system where they have to buy,
you know, property, they have to use wealth managers that charge
them a crazy percentage. Like they're, they're, they're
forced to become part time investors, buy index funds just
to maintain their purchasing power.
That's not even their profession, but they're forced
to do that because of how the current financial system is
structured. Bitcoin comes along and it's
like all you got to do, buy Bitcoin, earn Bitcoin, mine
Bitcoin and literally put that Bitcoin into self custody.
That's it. That's all you got to do.
It's so simple. It's complicated for someone
that has spent the majority of their lives in the Fiat matrix,
right? So it's really important that
these messages of Bitcoin continue to break the echo
chamber. Natalie's done a great job on
legacy media. Jack Mahler's has done a great
job on legacy media. Michael Saylor has obviously
done a, a, a great job on legacy media.
And, and it shows. That's why you have people like
Tucker Carlson, one of the largest, you know, broadcasters
on the planet right now, literally saying that he loves
Bitcoin. Tim Poole, same thing, very
similar story. So we're obviously making
progress. In other news, I also wanted to
cover actually intro to the video that we played you guys
yesterday of Shamat and he was mentioning this guy.
He's very, he's really not that well known, but I think he
should be. His name is Winces Casares and
this guy is an absolute whale. This guy has an absurd amount of
Bitcoin, but essentially very successful guy graduated from
Harvard University, University of San Andreas.
He's the CEO of this Bitcoin company called Zappo with an X
so Xapo, and he was essentially the first person to introduce
Bitcoin to Silicon Valley. So Silicon Valley obviously has
a tremendous amount of money, but he was the first person to
introduce them to the idea of Bitcoin.
Now, this guy was he was like on a panel recently and you'll see
the difference. It's so funny because Bitcoin
always does the same to everybody.
Like you'll see his picture on the Wikipedia page and then
you'll see his picture on the, you know, on the video that I'll
play for you guys. And he literally has long hair
and a huge beard. I don't know what it is about
Bitcoin. It's probably like the I don't
give a fuck about what anyone thinks type of thing.
But, you know, he, he lays out a case as to why people shouldn't
think or shouldn't believe that they're late.
In fact, he makes the case that we're still early.
And I love the example that he gives.
And, you know, it's, it's kind of like a follow up to Shamat's
video yesterday. He was humble in the beginning.
He's like, he dropped the $1 million price point.
But then there's a little bit of a Freudian slip to the
$5,000,000 price point. Mind you, this is someone who's
been buying Bitcoin, you know, probably for pennies on the
dollar or a couple dollars or maybe $100, right?
And this is obviously someone who has been extremely
successful in entrepreneurship. So he had the money to invest
into Bitcoin at that early stage.
So from my understanding, this is one of Bitcoin's biggest
whales. And also of course, at the end,
we're going to talk about the just the overall bullish news
that's on the horizon. And Marty Ben actually dropped
an incredible article recently that kind of summarizes
everything. So it's going to be an
incredible episode. I'm incredibly bullish.
I'm excited. I'm going to bring up very Co
host and we have something special for you guys because
we've heard you, we understand you, I get it.
And what we're going to do is we're not going to push back the
meme review. We have something special.
We have something more special for you guys.
We're going to do the entire culture segment is going to be a
meme review and in the beginning we're going to explain the power
of memes, right, because there's a lot of you guys in the chat.
You guys love it for, you know, the kind of shits and giggles,
but there's something extremely important to the the memes in
this narrative trench warfare that we're fighting in the
battlegrounds of the Internet. Memes are are very, very
important weapon. They're extremely potent.
They're very useful and they're working.
If they wouldn't be if they weren't working, then they
wouldn't be trying to censor us. So that's also something to keep
in mind and I'm really looking forward to that.
Opti and I were talking about it for like 30 minutes before the
show. We're like, dude, how do we do
this? How do we include it?
We're gonna go above and beyond. We're gonna do a culture segment
on memes and we're gonna do a meme review and we're all gonna
pack it into one block. The memes are pumping the price.
This is confirmed guys in the chat, they're getting it.
Yeah, and we're back at 71,928 and of course I paid everyone
out at 68,000. So let's go.
Good luck to all the simply people got there.
Wait, can. Can I remember that?
I forget what it was. It's like a few months ago when
we when we pumped the 69 K for the first time and Nico paid us
all out at the top and then it dumped.
I'm like Nico's scamming. Us here.
There we go, There we go. Man it feels good.
A good Tuesday. I'm hype for today.
Great day. Shouts out to everyone in the
chat. We love you guys.
Keep throwing the tomatoes. Troll boxes lit.
This is This is why we do what we do.
This is awesome, man, Shouts out to everyone that watches us.
All right, Nicholas, let's get into this one bro.
Let's let's just start ripping. Let's get.
Into it but first I do want to give an extreme special shout
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So I'm going to do it one more time so that people in the crowd
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on redeem, you click 500. Let's let's read this one.
It's a new quote, Bitcoin wishing well.
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Enable your independence by wishing for more sats.
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wishing well and boom, there's the Lightning QR code 500 sats.
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Serve. First come, first serve.
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numbers lots to talk about today let's check it out here.
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So that's per dollar 1411 block height 846,515 blocks to having
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capitalization 1.4 trillion Bitcoin verse gold market cap
8.69%. In the grand scheme of things,
we are just getting started. I was talking about breaking the
Bitcoin echo chamber in the beginning of the show and I want
to talk about this. This is the one, the only
Michael Saylor and of course, you know, he's done a lot to
break the Bitcoin echo chamber. He has millions of followers on
X. He does many, many legacy media
interviews and he's starting to do, this isn't the first one
he's done, but I think it's the one where like this is like a
younger generation. And I know these guys are great
Youtubers, by the way, a big fans of their channels,
especially Graham Stefan. I think he made his wealth and
real estate and all that. And they have this podcast
called the Iced Coffee Hour. And I mean, like has all the
bells and whistles kind of like simply Bitcoin thumbnails.
So the thumbnail says the US dollar is collapsing.
Michael Saylor on the future of Bitcoin money and it's cut off.
But Joe Nakamoto has a really good observation.
Has anyone watched this? Did Sailor orange peel them up?
Cram step fun. I didn't say that really cool
seeing sailors speak about Bitcoin on lots of different
mainstream finance platforms and I think that's really, really
important. But the thing that he really
broke the echo chamber and he really moved the Overton window.
Take a shot, everybody. You guys know, I love how to say
that phrase is this very simple concept.
You shouldn't have to invest just to maintain your purchasing
power. I'm going to repeat that because
it's really important. You shouldn't have to invest
just to maintain your purchasing power.
You shouldn't have to invest just to maintain your purchasing
power. The world has been psyopt into
thinking that somehow it is normal that if you're a dentist,
a plumber and you make good income, right?
And you have some extra savings, you have to invest, that you
have to go and have like a part time job as like, like that's
not your specialty. You're a doctor, you're a
plumber. Like what are you doing?
And then what are the unintended consequences of that?
The great financialization of everything, right?
So you have these giant wealth management banks that all they
do is quote UN quote, manage wealthy people's money.
You have the premium on real estate if you're a zoomer, If
you're a millennial, you're screwed.
Like you're screwed. You do not have an opportunity
to buy a piece of land, buy a piece of real estate.
You got screwed out of that, right?
So anyways, here is Sailor breaking the Overton window and
you know, dropping some hot fire on the Iced Coffee Hour podcast.
And remember, you guys know this is Bitcoiners, but this is being
exposed to a no coiner normie audience.
Let's check out the clip. Normally in most modern
societies, the money doesn't break down as a medium of
exchange. It breaks down as a store of
value. So that means that yeah, you can
store money for 12 to 36 months or maybe up to 10 years in the
dollar. You can't store it for a
lifetime. So if if you have some money,
you can't just store the money. If you want to keep your
economic energy, you have to gamble it or invest it.
You have to speculate with it or you know, you work your entire
life, you have a certain amount of retirement and now if you
store it in the bank, it'll be worth nothing.
So you have to go and invest it in the stock market.
But if you pick wrong, you lose it.
So we basically force, we force people to be gamblers,
speculators or hedge fund managers if the money's broken
and the money is broken. So what is the significance of
Bitcoin? Well, let me say a different
way. Just you just take your money,
take everything you earn, you buy Bitcoin and you wait and it
goes up 20 to 40% a year forever.
Or you take your money and you invest in a bank account and you
get 3% after tax and everything goes up 10 to 15% a year in
price and you just get poor and poorer.
Or what are you going to do by GameStop at the right time?
Are you, you know, you buy a building, run an Airbnb.
I force you to go. And forcing you to be a hedge
fund manager is horrifically inefficient for the society.
It's just as inefficient as saying, OK, be your own dentist
and doctor, right? If the if the medical system was
broken, you have to be your own doctor.
It's not good for society. What happens?
People die 20 years early is what happens.
So when you have to be your own banker or be your own hedge fund
manager, what happens is you just get poor or you lose faith
in the in the future. If I told you your money was
going to be worthless in 36 months, what would you do with
it? You would spend it.
What if I told you money's going to be worthless next Monday?
You would go out this weekend, make a decadence weekend, and
you would just blow it all. You would buy anything things
you don't need. It's like if it's for sale I'm
just buying it. So Bitcoin actually solves the
problem by saying, well, what if you just had a money that the
government couldn't debase, the bank couldn't steal, that would
last forever. OK, It profoundly changes
incentives because now a corporation, instead of buying
back its stock or instead of dividend out, dividend out, its
cash flows, would just keep the money and the money would go up
in value 2030% a year. So, So that's what micro
strategy did. Like, what's our secret, right?
We're just holding the money and it's an appreciating asset.
So I mean, first of all, like the elegance of Michael Saylor
kind of explaining, you know what I simplify into a tweet,
right? Which is you shouldn't have to
invest just to maintain your purchasing power.
And he intricately, surgically, strategically, just completely
explained why that's insane. Like Opti, let's make us both so
we can have a conversation about this.
And it's just insane, dude. Like it's, it's absolute bonkers
that we live in that type of world.
And I've had some experience with high net worth individuals
talking about Bitcoin and I see the cognitive dissonance in
their minds, like they don't understand, they don't get it.
They they don't get it. And they're like, oh, but real
estate, it's crazy, like especially here in Florida, like
Miami, real estate's like doubled like, like recently.
And they're like, this is such a great investment.
Whatever. And I'm like, so do you have to
pay property tax? Yeah, You have to pay
condominium fees. Yeah.
What about upkeep? Maintenance.
Yeah, You have to pay property tax on Bitcoin.
No, you have to pay upkeep. No, Right.
What about maintenance? No.
Right. So what is the superior?
What is the superior property, digital property in cyberspace?
And I love Michael Saylor's kind of analogy or explanation on how
he compares it to Manhattan, right?
Which is like, look, there's only so much land in Manhattan.
Anytime you've bought a piece of real estate in Manhattan, it's
been a good investment. If you wait, you know, a couple
years. Bitcoin is more scarce.
There's only 21 million. It's estimated that around
roughly 4 millionaire lost. There's only 1.3 left, 1.3
million left to be mined. Do this.
Do the math. Like do the math.
It's it's, it's simple, right? Shout out to Foss by the way.
Haven't seen him in a while. Hope he's OK.
Anyways, Opti, what's your take on this brother, Bro sailor.
Sailor dropping the fire, dude. Yeah, well, first of all, like
you said, I love that he went on their podcasts because you know,
there there is some great Youtubers out there outside of
just simply Bitcoin. And we look to the great
Youtubers that are making good content that have big following.
And I'm, you know, I was actually surprised when I saw
Sailor on on these guys podcast because they usually don't talk
to like Michael Saylors of the world.
They're usually, you know, just kind of talking to like cultural
phenomenons, which I guess we're getting to the point where
Michael Saylor is one of them. But to the point that you were
saying this is really about just making savings great again.
Like, all we want to do is save in something that doesn't steal
from us. Like it.
It's literally that simple. I just want to continue to
preserve my purchasing power. Like I believe in working hard
and providing value to my fellow man.
And I just want to save my labor in something that isn't
destroyed, that isn't debased. And for average people of
average means, if you don't understand what's going on in
traditional finance, the traditional financial world, or
you don't understand how to invest, like you're getting
absolutely wrecked because most people would much rather just
save their dollars under their mattress.
Like, I know I used to be that person until I figured out about
Bitcoin. And like Nico, he says, then we
figured out how, you know, how the traditional financial world
works. And if you're a rich person, of
course, you're OK with your assets going up in value is
because that's how you store your value is in these assets.
And if they increase in value, well, really, the dollar gets
debased and you're losing purchasing power.
It it makes you set up to be wealthier and wealthier because
only assets are the things that are appreciating.
But once you understand Bitcoin, and maybe I'm just, you know,
ADIQ left side of the bell curve person where I just want to save
in something like I want to simplify my life.
I've also found out that it's it's very difficult to talk to
people that are used to, you know, very complicated financial
engineering when you're just like all you have to do is
saving Bitcoin. Like it's literally that simple.
Just Bitcoin and chill. Like price volatility doesn't
affect me. I say it all the time.
I'm just playing hungry hippo. We're playing Pokémon here with
Bitcoin, you just got to catch all the sets you can and store
them in custody or like a meme that our boy wine.
I don't know if he created it or he's been propagating it, but
once you find that Bitcoin Zen and you realize, oh, wait, all I
have to do is work my normal job and saving Bitcoin and I don't
have to become an investor. I can start to focus on things
that actually improve my life, you know, like my health, my
cash flow, my skills, my relationships with, with, you
know, people like it's just such a beautiful life.
When you get on the Bitcoin standard, personal Bitcoin
standard, where you're saving in Bitcoin, your wealth starts to
appreciate your purchasing power doesn't get destroyed.
Like it's just, it's so simple. And when with people like Nico
was saying, when people are so used to complicating things and
they have to be, you know, they got to go to their job 8 hours a
day. And then when they got, they go
home, they got what, like an hour maybe to do some workouts
and eat food. And then the rest of their
nights they got to focus on whatever, you know, Jim Cramer
saying on hard money and become investors and watch charts and
all that. It's like, no, you don't have to
do that. Literally work your job, save in
Bitcoin and go do other things you want.
Like that's the whole beauty of this Bitcoin thing is you can
literally do more of what you want to in your life and you
don't get stuck in the rat race. Like that's what I love the most
about Bitcoin. The literal psychological
effects that come after you start saving in Bitcoin is my
favorite part. You know, Bitcoin changes you,
you don't change Bitcoin. And we're starting to see this
catch on. The fact that sailors on these
kids podcasts just goes to show that the Bitcoin message is
going mainstream and man, I didn't I didn't update it Nico,
but how many views does it have when I saw it was like like
50,000 views and that was dude it's.
Like double man, it's it's it's great.
Like, and it's just a matter of time.
Like when Michael Saylor on Joe Rogan, when Michael Saylor on
Joe Rogan, like that needs to happen.
Speaking of. Joe, did you see that the, uh,
yesterday? I forget what podcast he was on
or which which episode it was rather.
And he was saying something like what we say all the time.
It's like he's like, I don't like gold.
I've never liked gold. I don't want to save in gold.
And so you're starting to see. I like gold dude.
I like. Wearing gold, it's pretty.
Physical gold. Hold a gold bar in your hand and
it feels awfully nice. Now is it better than Bitcoin?
No, but I'm not a not fan of it. Is it like it?
It just becomes complex. Like if you're storing a large
amount of gold, bro, that shit's heavy as fuck.
Like that's just a reality. Like good luck trying.
Are you going to go to your nearest jeweler with like your
gold bars and you're like it, It's just it's complicated.
I'm not going to lie. I'm I'm not, I'm not going to
lie. It's like the analog version of
Bitcoin. I guess you could say it's.
Trash. Compared to Bitcoin, it's pet
rock. Anyways guys, I do want to give
a shout out to one of our sponsors and of course I'm
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description. All right, everybody, let's move
on to the news. The Daily News.
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All right, everybody. Yeah.
Wait, wait, Nico, guys don't think about taking self custody.
You have to take self custody. Absolutely all right everybody I
want to talk about Winsys Caesaris so a lot of people
don't know who he is, but this guy is an absolute Bitcoin OG
this guy probably owns more Bitcoin than anyone on the face
of the planet I'm. I don't say.
Like I would say on that level. So anyways, he is the CEO of
Zappo Bank and founded Internet Argentina, Wonco Games,
Pythagon, Lemon Wallet, Banco Lemon Cassara sits on the boards
of PayPal DM and Endeavor, I think is this DM the Yeah, this
is the failed Facebook. Yeah, the Facebook, but board of
PayPal. So obviously this guy knows
what's going on. Anyways, so this is one of one
of the parts that I wanted to read you guys about.
He's widely known as Patient Zero.
Courts reported that Casares was the entrepreneur to convince
Bill Gates, Reed Hoffman and other tech veterans in Silicon
Valley to invest in Bitcoin. Right.
It's kind of a big deal. And here's the video that we
played you guys yesterday, but here's Shamont referencing
Wincess. But we never played you the
Wincess video. But shout out to the channel
Bitcoin. They do a great job like
aggregating all like the the recent viral Bitcoin content.
But let's check out what Shamath has to say on Wincess and then
I'll transition to the video of Wincess.
Let's check it out. In Silicon Valley, I would say
really was agent 0 of Bitcoin. He was the one in 2010 that
introduced it to me. I remember he reminded me of the
story, actually. We were at Oren's Hummus and
he's like, he's Argentinian, he's a great, so I'm going to
try to copy. He's like, that's a math you not
to buy the Bitcoin. Wensis is affectionate.
So hold on, so this is 2021 you see?
You see the the hair and the beard, right?
That's wild, bro. Like why does it happen?
Like there, there's some, there's something there like
there's something there, there's something there that I, I don't
quite understand right. But anyways, there's something
to it. Anyways, let's check out what he
has to say. Nicknamed Patient Zero for
having introduced Silicon Valley to Bitcoin.
So every sort of celebrity, Silicon Valley billionaire that
you know. Was publicly in most cases,
credited Winsys. You've been in Bitcoin for a
long time. It's been good for you.
Any private banker would tell you that you own too much.
And yet both of you in the last year, I'm going to share a
secret, have bought more Bitcoin.
So once you go 1st and you know, tell us why.
Here in 2021 with Bitcoin up from 10,000 to 45,000, capital
gains rates about to go up, not a bad time to sell.
We're buying and not selling more Bitcoin.
I think that I am more likely to make the mistake, the opposite
mistake, to think it's expensive when it's actually still cheap
because I've been in it for a while and because it's all I do
all day. And when you look at, you know,
the trajectory of tech companies, the same thing
happens that the people who were involved with them early sell
too early. For some reason.
It's harder we anchor in in it's harder to see the full
potential, right. So if you see, you know, the
people who the insiders who own Amazon at the IPO, how many of
them hold today? It's almost, you know, other
than the founder and a few other people, most of the insiders
sold and some outsiders saw the potential better than some
insiders. So I think I have more risk of
the opposite. And when I look around at what I
can do with my money, I see a lot of things where I'm not an
expert that seem expensive, where it's equities or bonds or
real estate all over the world. And the one thing that I do that
every day, day in and day out, seems cheap to me.
So why should I diversify into things that seem very expensive
if the one thing I understand seems cheap to me?
But before we go to Pete, can you just expound on cheap so.
How are you? How are you thinking about?
I think that there's going to be more upside in percentage terms
over the next 5 and 10 years than we've seen in the last five
and 10 years. So people anchor and they look
back and said, Oh my God, I missed that train.
No one has missed that train. Most people will wish they
bought Bitcoin under half $1,000,000 and but people look
back and said oh I missed it. No, we haven't missed it.
What it's going to do over the next 5 and 10 years is more
impressive, not in absolute term, but in percentage terms
than what it did in the past. The way I think about Bitcoin is
that it has a 10 to 15% chance of going to 0, failing and going
to 0. But in my opinion it has a
higher than 60% chance of being of being successful and being
worth more than $1,000,000 in the next 10 years, more than
$1,1,000,000 per Bitcoin. And that's very asymmetric.
And all I have to do is keep doing what I've been doing,
which is buy and hold that if make an analogy with the web
with the Internet, we are in 1994 or 1998 where you had very
rudimentary brand new browsers. You had to use your phone line
to call the service provider that it was a very slow
connection. Sometimes it dropped and when
you wanted to download a picture you had you saw it downloading
slowly and back then to imagine that you were going to be using
the same network to do high definition video calls all over
the world for free scene science fiction.
It happened, but we had to wait 3 decades and I think that's
where we are today in in Bitcoin and that's why you can buy it
for $50,000 instead of 5 million.
Of course, a lot of of these investors will have to wait
until this is all much further along to to buy it, but it will
also be a different price. So, and I think it's just
perfect kind of connection to Shamat, right?
Because Shamat has his thing, but what is the root?
Like what brought Shamat to that point?
It was this guy and you can tell this guy, you can just tell
guys, I've been in Bitcoin eight years, OK, someone who's been in
Bitcoin a decade, so only two more years than me.
They have a significantly longer beard and they give twice as
they they just don't give a fuck.
They just don't care, right? I've seen the, IT just, it's
this facial expression, it's this thing, it's this.
There's something about spending time in the Bitcoin rabbit hole.
The more you spend it, the more Eureka moments and realizations
you come to about society, your relationship between you and the
state, how human society is going to potentially reorganize
itself. You become a freedom absolutist,
like I would say to the point of radicalism.
And I could just tell, like I could just tell by the way he
carries himself, the way that he was speaking, that you know,
this you're, you're looking at a bitcoiner, right?
He's like, look, like all I know I need to know is just buy and
hold. And he's like, but isn't it
expensive? He's like, no, this thing's
going to keep on going to the moon.
The thing that he said, he had a little bit of a Freudian slip.
Like, he's like, yeah, this thing's probably going to hit to
a million. However, people are going to be
bummed out, you know, when they had an opportunity to buy that
50,000, even though it's at 5 million, you know, And like,
that was a Freudian slip. Like, he didn't meant to say
that, right? Like he was calculated with the
kind of $1 million thing that he was throwing out there.
So yeah, I mean it it's it's very interesting.
This guy is one of the Bitcoin O GS orange pilled Silicon Valley.
And you know, this guy has a ridiculous amount of Bitcoin,
but he's very low key about it. He's not very upfront about it.
He's extremely low key. But but yeah, man, it's pretty
crazy. Opti, what do you think, dude?
I mean, I like that video 100 times better than the video with
Chamat and personally just because like dude.
That guy, that guy, you know, that guy does things.
Yeah, yeah, yeah, That guy asks for sure, man.
Well, first my first thought is like 2010, I, man, I wish I knew
about Bitcoin like I do today, in 2010, then I wouldn't have
gone to college and, you know, I probably wouldn't be as smart as
I am today. And then it's not that college
taught me how to be smart, As you guys know, I'm a philosopher
by trade, at least by schooling, and it taught me how to think.
So I had to do all that to get here.
But in 2010, I could have not gone to college and just stacked
in Bitcoin and men, Yeah, life would have been a lot different.
But I really do like this take as well because it it's
something we kind of say a lot and we probably glossed over it
too much. But like every one of us, you
know, Nico, myself, everyone in the chat, like we're so obsessed
with Bitcoin day in and day out that sometimes it's hard for us
to zoom out from the trees to the forest and, and we forget
that most people don't understand Bitcoin at all.
And really Bitcoin I think is relatively unknown, at least
like what Bitcoin Maxi's talk about.
Like the the reason why we Bitcoin.
I think a lot of people still don't know the simple question
of what is money. And I know a lot of you guys
don't even talk to normies anymore.
But like, if you do talk to them, they either have like 2
takes on Bitcoin, either they think you're an idiot or they
have no idea what Bitcoin is. And even when I talk to people
that, that, you know, I, I would consider friends that are still
kind of like my friends back home, they still, they, they
still think I'm an idiot because I'm a Bitcoiner.
And then when I talk to like normies and, and average
everyday people and I say Bitcoin either goes completely
over their head or they're like, oh, you're a bitcoiner And they
try to like troll you. And you're like, OK, like
you're, you're, you just don't get it yet.
And that's how I know we're still early.
Like I fully believe we're still early.
Yes, Bitcoin is at 70 K and yes, bit AT70K.
You know, one coin is probably more than most people's
salaries, but I still believe that there's going to be extreme
upside. Like I still kind of use the
meme of Hal Finney, which like was I think it was like weeks
after Bitcoin network was deployed where he just throws
out like $10 million per coin. And you know, he's saying one
million the next couple of years, like 10 million or 70K to
10 million. Like if you don't think that's
extreme upside, like I don't know what world you're living
in. If you are playing traditional
financial games, you do not get those kinds of returns.
Yeah, you can go gamble on shit coins or try to join the game
pump, but like, you're going to get rug pulled.
And This is why just staying humble, stacking sad, saving in
Bitcoin, getting your skills up, getting your cash flow up and
saving in Bitcoin is the ultimate life hack.
And then eventually maybe you can grow long hair and a beard.
Unfortunately for me, I can't grow a beard so I will always.
Be Bitcoin when Bitcoin hits $1,000,000.
I don't think so. My dad can barely grow mustache.
Like it's just not, it's not going to not going to go down
that way. But the point remains the same.
And I think I say this all the time.
I say at least once a week, but I am fully convinced that any
amount of sats that you hold today into the long term will be
a substantial amount of wealth. And that's the whole point of
the game is that's why I say play Hungry Hippo with Bitcoin.
You just want to continue to accumulate.
The name of the game is accumulation.
Make sure you are constantly saving in Bitcoin.
Remember your Bitcoin ABC's always buy consistently.
You want to continue to buy Bitcoin.
This isn't about just buying Bitcoin one time and you know
you're going to get rich overnight.
This is about preserving your purchasing power, preserving
your labor, your blood, sweat and tears and something that
cannot get destroyed, that cannot get the base.
And that's what Bitcoin is. And over time, maybe you can
also look like Bitcoin Jesus, like or Argentinian Jesus over
there, like Nico with his beard. But unfortunately for me, I
can't grow a beard. So, you know, it is what it is.
I I'll have to stay clean cut over here, Nico.
But yeah, man, I, I fully believe that we are still early.
Like I think, I think the latest metric that I saw is there's
like about 500 million crypto holders in the world.
And I would venture to say that a small portion of that are like
ardent Bitcoiners that know exactly what they're holding.
And even if you use that 500 million number, there's 8
billion people in the world, that's still a small fraction of
where we are going. And we still have a long time
for this adoption of Bitcoin to play out.
So I think, I think we're going to start seeing some fireworks
soon, Nico. And then then 10 years, we're
going to be like, remember when we were wondering where Bitcoin
was going? And now it's a ridiculous
amount. And here we are, living a
beautiful life in our citadels. Amen to that.
All right, everybody.
I do want to give an incredible special shout out to our sponsor
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Stack friends who stack SAT's. All right, everybody, let's hit
the culture. The daily culture.
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All right, man, I am so excited about today's culture segment.
I've been hearing you guys in the comments.
You got to give the people what they want.
And I hear you guys, right? So we're dedicating the entire
culture segment because memes are so important.
They're integral in Bitcoin, right?
They just, they're just Bitcoin and memes, they go hand in hand.
So we're dedicating this entire culture segment to memes, and
Opti's prepared something. For you guys.
So I got a little presentation here.
I got a little presentation here guys.
So bear with me and then we'll get into the meme review.
But before I get into the meme review, Nico, I, I do want you
to chime in. So I again, I do have a little
presentation here. So as you guys know, we say this
every single day. If you showed up to the show a
couple of times, maybe recently on the Fridays, you might have
missed it, but we say it probably every single time.
We're talking about all the things we talk about in Bitcoin,
whether it's the censorship of information, whether it's the
censorship of transactions, whether it's Bitcoin in politics
lately, we always kind of revert back to a very simple meme.
And it's that we're living through the narrative trench
warfare on the battleground of the Internet.
And it's our duty here. You guys watching our duty here
on simply Bitcoin is to win over the hearts and minds of the
individuals to get them on the mission of freedom through
taking Bitcoin into self custody.
Oh wow, look, I spelled remember wrong.
Anyways, remember, everything is memes, guys.
It's memes all the way down. And memes are powerful if it's
based in truth. And the reason I want to say
that that sentence of memes have power if it's based in truth,
because I'm going to show some examples of the powers that be
trying to meme and they're just absolute garbage.
And it's trash and just doubling down.
Like we learn through memes. I know a lot of people think
memes are childish. It's like, oh, you're just
putting words to pictures. But again, it's memes all the
way down. Like we've been learning through
memes since literally we started to speak in languages.
Like this is how you learn is through memes.
Yes. You know, you could read big
books. Even big books are memes in my
opinion. But if you can, yeah, exactly.
If you can distill information into a bite size meme, then you
can propagate that information far and wide and then people
will understand what you're talking.
About the more and the more information you can condense
exactly into a bite size, the more potential for its virality
because the more people it's going to connect with, right?
Think about it this way, right? Our live show is an hour and 15
minutes long. There's only so many people that
are going to watch an hour and 15 minute long show.
However, our originals, the, the, the content that you that
we make for you guys with Ruston are a lot shorter.
There's a lot more people that are willing to watch a 10 minute
show, right? So do you have to understand
that memes are literally this tiny, tiny, tiny, tiny
condensed, all this information condensed, condensed in this
image that's also going to make you laugh as well.
Like, think about that, right? That's why they're so popular.
That's why they're unstoppable. And Opti kind of buried the lead
there a little bit. I'm going to reference it.
And look, if, if memes don't have the common denominator of
truth, then they aren't funny. They, they, they don't make
sense. They, you don't understand them,
you don't get them. They have to have the common
innate area of truth because that is what you're sharing in
common with the millions of people that are seeing the meme
for the first time. And the the only way they'll
they'll understand it is if it's based on reality, if it's based
on truth, if it's not based on truth, then you're just like,
that's not funny. That doesn't make sense.
Facts, facts. And I do want to read this
comment here. Shouts out to Lou Ferringo.
I really like this. He goes memes have to be true
because it takes a paragraph to lie.
That's your first clue. It's propaganda.
That's why Niko's saying if you can distill the truth into a
meme that will go viral. And then shouts out to my boy
Brandon cuz he said this one time to me like a year and a
half ago and it's just stuck with me.
What gets repeated gets remembered and what gets
remembered gets repeated. And that's why memes are so
powerful. So propagate the memes.
And moving forward, I did go to know your meme just to give you
like, I don't know, I wouldn't say a dictionary definition of
what meme is, but I really like this definition here.
So it goes. What does it mean?
Defining a meme isn't as easy as you might think on the most
basic structural level. Some might define memes as
anything that spreads virally online.
This is true, but it only covers the online aspect, meme culture.
In reality, the term meme is far more broad, encompassing just
about anything that spreads, spreads through human
interaction, whether online or not.
Again, everything. It's memes.
It's memes all the way down. But I really like this one.
The term meme, derived from the Greek word mema, meaning
something imitated, was coined by evolutionary biologists and
author Richard Dawkins in his book The Selfish Gene, which
focuses on the importance of self replication in the natural
selection. Again, what gets repeated gets
remembered. Memes have power.
If it's based in truth, everything is memes.
It's all memes all the way down. And then before I go into some
of the memes that we saw the powers that be try to, you know,
propagate, let's just talk about some of the powerful Bitcoin
memes. Of course, proof of work.
I stayed all the time. Proof of work is a lifestyle.
You want to prove your work. Everything has work going into
it. There's no such thing as a free
lunch. I think we all know this stuff,
but Bitcoin has encapsulated that.
Or at what Sailor say, you know, encrypted it in cyberspace.
The next one, don't trust verify.
They want you to just trust them.
Guys, remember that you have critical thinking still use your
brain. You have a supercomputer in
between your ears. Don't trust verify.
Of course, the 21 million meme of the hard cap of Bitcoin.
This is why we do what we do is so that they stop debasing our
purchasing power. It's so simple. 21 million hard
cap. That's probably one of the most
important memes in Bitcoin. Again, shouts out to our boy
O'dell. Stack sats and stay humble guys.
It's a game of hungry hippo. Just stack sats.
The name of the game is accumulate Bitcoin.
Don't over leverage yourself. Don't get crazy when you when
you feel that urge to start getting into games of financial
trickery, remember that, hey, maybe we're in that part of the
bull run where I should stay humble or shout out the canoe.
Infinity divided by 21 million or I should have added here.
It's going up forever, Laura. They can print dollars till
Infinity and they will only ever be 21 million Bitcoin.
All of those dollars will eventually have to get repriced
into Bitcoin. This might take a long time, but
this is the meme Infinity divided by 21 million or some
other ones that I love running out guys, Bitcoin is software.
Run the software for yourself. Verify your own transaction so
you don't have to trust so you can verify see all the memes
they go into each other. And then of course, the meme of
self custody. Guys, take self responsibility.
Become your own bank, hold your property yourself.
Stop trusting other people. Stop trusting middleman with
your money. OK, I gave you some Bitcoin
memes. Now let's just kind of go into
some of the stuff we've been seeing coming out of the powers
that be. And here's Nico.
You know, we saw what's her name, Ursula Vanderlaying or
whatever her name is. And I I'm just going to do we're
not going to play the videos. I just want to show examples,
but I love what Nico said here. It terrifies them that they can
no longer control the narrative through gatekeepers.
In the information age, everyone has the ability to build a
platform. We are winning.
And I would just add in the information age, everyone has
the ability to make memes, propagate the memes guys.
This is why they are so terrified is because they cannot
control the narrative. When you destroy them with a
meme, it's literally like a David and Goliath.
You know the great Leviathan is Goliath and we just slingshot
some memes and we just destroy their trillion dollar meme
campaigns against. That.
This is the best one. By the way, this is real.
This is the Financial Times, ladies.
AKA the Fiat times. So for the audio listeners, I'm
on the Fiat time, the AKA the Financial Times.
And this came out a little while ago.
And this is opinion, opinion on Wall Street.
And it goes, hey guys, let's all please stop calling dollars Fiat
money. Currencies are not memes that
only have value because governments say they do.
Well, sorry for you guy here, Brendan Greeley.
Look at what the literal definition of what Fiat means
guys, and I'm on Merriam Webster right here.
Fiat, it's a noun in authoritative or arbitrary
order, a decree in authoritarian determination, a dictation, a
commander act of whale that creates something without or as
if without further effort. Literally that is what money is.
That's what your pick green currency debt IOU is it's
literally Fiat. It's money by decree.
And that's one of the strongest memes we're seeing in the world
right now is that people think that the government is the only
one that should have the power to tell you what money is or
another one. This one is great.
You know, I'm over here on the New York Post funny stories
little side bit. My sister sent me some Instagram
real about New York Post and I responded of like I literally
don't believe anything the New York Post believes.
But this is pretty crazy and she just laughs.
She doesn't understand anything I say in regards to all this
stuff. But anyway, how's this headline?
Bitcoin fans are psychopaths who don't care about anyone.
Study shows, hey, experts say that you don't care about anyone
in your psychopath. What are the other things they
call us? Financial illiterates and
whatever. I don't even remember all the
stuff they called us. Anyways, it's not just in
headlines. It's not just written words.
We've seen that the central bankers themselves have started
to make video memes, AKA shorts or tick tocks or whatever you
want to call them. Here we got Christine Lagarde.
She's putting her hat in the rink and making shorts.
And look at Bitcoin Becca in the comments.
I know, this one's so good. I thought that actually she's
feeling it. This is what we're talking
about, guys. Like she's posting this serious,
this serious thing, Opti's ex-girlfriend.
And then like Becca's like I'm here to enslave us, right?
So good day to everyone. Oh, and then this one.
You know more. Right, like you pay a carbon
tax, attacks fuel and more green taxes, and are banned from using
oil and gas to heating your homes, but I fly around the
world in my private jet that you pay for like that is that is
mimetic warfare. This is narrative trench warfare
on the battleground of the Internet.
This is 20 1st century warfare. This is information warfare.
This is what it's about. And remember, you don't need a
big account. Anytime a central banker, a
politician, whatever, they go on and they take any type of anti
Bitcoin stance. You go in there and you troll
the shit out of them. Ridicule is one of your most
potent weapons. I was going to say that these.
You know, against these these demons, these monetary demons
anyways. Yeah, and on that point, here's
a Jay Powell making videos in shorts and just getting
absolutely ratioed. And again, another great tweet
by Nico is just this is narrative trench warfare, guys.
Words are powerful. Remember, at first, there was
the word first there was memes. It's memes all the way down.
It's always memes. It will always be about memes.
Propagate the memes, propagate the truth.
And here is when we're going to start getting into the meme
review. And just so wrapping this up,
and I'll give Nico floor and then we'll go into the meme
review. You are a frontline soldier in
the narrative trench warfare guys.
Our weapons, our metaphorical weapons are the medic power of
truth. And tweets are bullets and memes
are the heavy artillery guys. And one of the constant memes
that I'm seeing in real time get destroyed is the meme of trust,
trusting institutions in academia and the experts because
they have your best interests in mind.
And I think we're seeing in real time that that the power of that
meme is starting to crumble. And people are starting to
question whether the institutions even have
legitimacy. Are they out here really with
our best interests in mind? Or are they working for lobbying
groups and is, you know, the financial institutions, the
media wings, the entertainment wings, the bureaucrats.
Maybe they're just, you know, hired hitman and mouthpieces for
the powers that be. And maybe this is crumbling in
real time and you know, a guy with 1000 followers on Twitter
and a meme is literally destroying their trillion dollar
propaganda. I don't know.
From what I'm seeing, it looks like the power that they had to
monopolize the narrative starting to crumble.
And remember, I should have brought up Naive Buchelli's
article. Don't drink the elites kool-aid.
We even have president saying the same thing.
So guys, on that note, go forth and meme.
It is your duty to meme. Propagate the truth, propagate
the memes. Ridicule the powers that be.
Shame is a powerful tactic. Combat the fake news, lies with
truth and memes. Spread the Bitcoin memes.
Make sure people know why we do what we do.
And this is how we win. As we say all the time, we're in
the narrative trench warfare on the Internet to win the hearts
and minds and the masses, you know?
Some people you can just you can just, you know, drop a HFSP on
people. You can just tell people have
fun staying poor. You can try to educate them with
memes. It's up to you what route you
want to take, but memes have power.
And on that note, Niko, you want to jump in here before I before
I jump into the. Meme review.
This is absolutely excellent. Let's let's transition straight
into the new review. Let's bring them up.
And I got some memes here. Let's start reviewing some memes
and then we'll give them scores by.
The way, guys. If you are new to the meme
review, the way that it works is Opti will show five or six
memes. We're going to go through them
at the end. Opti and I are going to give
them a score. But guys, be part of this so you
guys can give a a score to the memes live on the show.
And if you put it in the chat, we will pull it up and we will
read it live on air. Yeah, the chat.
Yellow island, Yellow island. All right, All right.
Anyways, anyway, OK, this is the meme review.
We're doing a little, you know, adjusted meme review for you
guys today, give you the context of the memes because it's been a
while since we've done the power of the memes here.
And we just go straight into the meme review and there's new
people showing up every day and the O GS are yelling at us
because we don't do the meme review every once in a while.
But the memes will never leave. Anyways, you are frontline
soldiers in the Internet. You said this 1000.
Let's jump into it, Opty. Let's jump into it all.
Right memes with bullets. Whatever.
Drop your meme. You score in the chat as I cover
these. All right, first one is by our
boy American Huddle. And before I share the picture,
he goes. Allow me to present the most
important meme in Bitcoin. Study this meme, unravel its
secrets. Laugh at first not realizing the
cosmic horror that awaits you. Then tremble as you realize
those who have huddled hard have seen its prophecy come true.
Only the strong survive and this kind of goes into what we
covered in the news and here we go.
Here's a guy you know, then Bitcoin hits $1000 and then
later Bitcoin crashes at $10,000 and he's freaking out.
The noob's like no big it's over.
You know all the Bitcoin obituaries, Oh my God, it's so
over. And then still later Bitcoin
plummets to just $100,000. This is what we will be probably
in a year. Way guys, that's a toy gun.
That is not I didn't even say. That party guy, I didn't, I
didn't say that part. I did not even say that part.
It's a. Cartoon.
Furthering on the memes and the mimetic power of memes shouts
out the BTC Padre and he goes good night.
Remember, not your keys, not your cheese.
And we got the classic meme of the girl like that.
You know that that MF her is not real.
But we've updated this for the Bitcoin memes and she goes I'm
telling you right now, those bitcoins on Blackrock's balance
sheet are not effing real. Those are.
Fake. Bitcoin they are captured
Bitcoin. Do not buy a Bitcoin ETF, buy
the real. Alright, this next one is by the
BTC breakdown and this one hilarious.
I I love this. I actually when I did this I
thought this was the guy from the office.
I'm blanking on his name right now.
Anyways, anyways, he goes, yeah, Steve Carell thought that's
Steve Carell, but it's not. He looks a little more Mexican
here. But anyways, he goes, I lost it
all in a boating accident. And then he fakes cries and he's
fake crying, and then he looks over.
It's like, wait, are you believing that I lost my Bitcoin
in a boating accident? Oh, man, it's gonna.
Yeah, I'm only gonna stay. You already know where I'm
headed. All right, this next one by Our
boy by Kingo, AKA at By Kingo Bitcoin Nine.
He goes, hashtag BTC. And actually, let's go back to
this one. He's the same meme in different
form. And here we got by Kingo.
You know, he loves cats. He's a he's an Internet cat and
shouts out to the cats in the chat.
And you see this cat freaking out, you know, going, why is
Bitcoin going down? And you can see it's literally
going parabolic. And then it's just got like a
little downturn and everyone freaks out.
It's like it's, it's over, guys. It's so over.
I knew Bitcoin was a scam. I knew it was gonna explode.
It's going to 1K or whatever the meme was of it's going to 10K.
It's going on forever. All right, this next one is by
BTC Facta banks on Twitter. And I like this one.
This one's hilarious just considering all the stuff we're
seeing in the political arena right now.
And this is the classic Simpsons one.
So we got the class looking back at Bart and it goes stay the
line Trump or stay the line Bart.
And then they put the Trump hair on Bart and he goes Bitcoin and
everything like let's go. Oh, that's exactly how it feels,
actually. You know, Yeah, this one should
maybe be updated and maybe maybe I forgot what his name is.
Maybe it should. This should be Trump, and then
this one should be Biden. And it's like, say the line.
Say the line. Biden is like Bitcoin.
OK, Anyways, Anyways, too political.
Too political. All right, we're doubling down.
We're doubling down. Shouts out the skinny XBTC on
Twitter. And we got Trump, you know, on
his limo phone and he's contemplating life and he's
making deals, the art of the deal.
And he goes, yes, trial was good, now go all in on Bitcoin.
I don't care about the price, just buy it.
This might have actually happened, who knows?
We don't know. All right, this next one, it's a
little it's a little more words than just pictures, but again
it's. Ball games.
It's a meme bro. It's still a meme.
I know it's. All meme, all memes all the way
down and Shahzad to Balaji. He's been doing some great stuff
on Twitter. I highly recommend you follow
him. I think he's dropping a lot of
good signal on Twitter about where we are right now, what
he's seeing. You guys can say what you want
about Balaji, but his Twitter game has been on point recently.
Anyways, Balaji goes, Ron Paul thinks the next crisis could get
gnarly, and this was posted May 25th, 2024, but he's quoting Ron
Paul on May 13th, 2024. And it goes, the next economic
crisis will likely result in a rejection of the dollar's world
reserve currency status. Congress will be forced to make
drastic cuts in spending while the Fed will be enabled to
monetize the debt. This will result in massive
public unrest, potentially resulting in violent skies.
And This is why we tell you here, constantly protect
yourself. Make sure you are stacking sets.
Make sure you are building communities around yourself.
You know make sure you are getting some Pew pews so if shit
does hit the fan you are in a good position to protect
yourself. Make sure you are buying some
good food. Get your refrigerator freezer
stocked with some meats. I just recently bought some KNC
cattle beef. I'm absolutely thriving over
here. Anyways, drop your main review
in the chat as we cover ours live and I I I'm going to start
first Nika all right shouts out to Rustin because I still
haven't sent this back to him. So this is my meme review for
the day it's Rustin shirt, the Satoshi Nirvana shirt that he
left in Montreal. I'll I'll get it to you soon
bro. I just I I completely forgot I
need to ship some stuff. Out.
I'm going to give it a come on, focus.
You could do this. Put your hand.
Put your hand in front. Put your hand behind it like.
All right, Yeah, United, United. Like, like, like that frame.
There you go. Yeah, there you go.
United, we are fed up with the system, and it's supposed to be
like the Federal Reserve. But anyways, good sticker.
Good sticker. Yeah, see.
Look, Elaine gets it. Poems or memes that put pictures
in your head? Exactly.
Like they make the best stickers.
All right, let's get to some of the meme scores.
Optic Q, the epic music board for war.
All right, 1st meme by Torah Paddle.
All the memes from the future now.
Instant munification. Very, very nice.
All right, next one by Elaine. Gold is cold, 5000 years old.
The fakes in Fort Knox are riddled with mold.
Bitcoin can't rot. It can't disappear.
Say goodbye to Gold. Your end is near.
Woof. All right, Rich.
BC 99, the percentage of Berkshire, Yeah, that was in
2015 again. Did you see that it?
Popped up instantly. If you would have bought I think
like $500 in it you it would have been crazy.
Dude nuts. OK meme score Mclovin stack this
this cheap sub 500K Bitcoin while you can.
Let's fucking go. This snot gives the meme score
motion to rename the show Memes and Mestizos SPI give the memes
and quote it's optis all the way down and quote.
Thank you for letting us finally blow out Meme Lord Nico.
I don't I don't get it, but I'll take it.
Next score is by Phil Phillip Rizzo, Free Opti and Bring Back
the Daily. Meme do it, turn it back more
into the show. The meme review takes up too
much time. Oh man.
One more value in the show. All right.
Do we have any on Rumble? I'm not seeing any.
We don't see any rumble and of course it's the buzzer.
It's not because we run out of scores or anything.
Anyways, guys, if you guys enjoyed the show, smash the like
button. Consider subscribing if you feel
like we provided you Valley, we love you.
We got we wouldn't be here without you and the meme review
is never going away from simply Bitcoin, so we will continue to
squeeze it in every so episodes and that just makes it that much
more special. Wait wait wait wait, we might
get 2 meme reviews this week guys so.
Hey anyways, I'm your host Nico. This is my legendary Co host
Optimus Fields. We are Simply Bitcoin, and we'll
be back tomorrow for a brand new episode of Simply Bitcoin Live.
Episode was brought to you by bitcoinwell.com on a mission to
enable independence.