All right everybody, welcome to another episode of Simply
Bitcoin where we cover, the bitcoin news, the memes, the
fails by the shit coiners. In the government's Bitcoin
culture, we have it all from the plead perspective.
Anyways today we have a very special guest.
This is simply Bitcoin. After all if you guys have been
tuned in for the show for a while, you know the deal.
We have all types of guests from guests that have over half a
Million Twitter followers and we have plebs on all the times.
And from my experience you, it's not that the people that have,
you know, a hundred or two hundred thousand followers on
Twitter there takes or bad takes its that because they're so
popular. You hear those takes all the
time. So from my experience and I've
been doing broadcasting for a little bit.
Now, a couple years now. The most interesting takes I
always here are from the everyday pleb.
The pleb that not that many people know and Exactly who we
all have. Today we have a friend.
His name is Tony. How you doing?
Tony, welcome to the show. Thanks for having me guys.
Super super happy to have you but Opti you know the deal.
It's time for potato brought to you by not old they make some of
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Inaudible node over a virtual private server anywhere around
the world. Visit noddle dot EU at the time
of this recording, the price of Bitcoin price.
So little bit of a pump twenty three thousand, three hundred
and five cents per dollar 4291 Bitcoin held in corporate
treasuries 1 million six hundred and sixty thousand Bitcoin block
height 744, 745,000 671 the amount of reachable Bitcoin
nodes. You want that number to keep
going up Fifteen thousand six hundred and forty two the amount
of Bitcoin percentage. You issued ninety Point, 94%
blocks to The Happening, ninety four thousand, three hundred and
twenty nine blocks having estimate.
I'm really looking forward to that day.
So less than two years away baby, April 18th 2024.
So, overall, good numbers, we got a little bit of a pipe pump
today, you know, I feel, I hope that.
I feel like a lot of people definitely enjoyed that,
especially after the, The blood, the, the terrible pain that
we've experienced last month, right?
It was it was crazy. Stock market fell and really,
you know, it that's because the FED took a hawkish stance
because they're trying to get inflation under control.
But anyways, very interesting video that I have for us today
to react to first of all, have to explain where this video is
from. So today, there was the
Bloomberg Bitcoin and shit going Summit in.
York. Let's check out what it is at
the 2022. Bloomberg, crypto Summit will
bring together top names from the world of tokens blockchain.
Web 3nf T's decentralised Finance economics, investing
Venture Capital, they should, they don't mean Bitcoin there?
I guess they're putting blockchain and Bitcoin together.
These people are like, I feel like that description is from
2017. Anyways, more to talk about
what's real and what's speculation and what's smart
money. You should know about the next
phases of growth. And this ascendant industry, all
right? That being said, we had our boy,
the legendary Jack Ballers, like they call them on that news
interview. Let's hear what he has to say.
No matter what. And that's when the last sorry,
I went way over 60 seconds, but then, two months later, I called
my friend back. I said you're gonna think I'm
crazy because I know we're like these libertarian anarchists
like screw the state or whatever.
But we're going to redo it, but I'm going to make the payment
out of my Chase account and you're going to receive it in
your Barclays account. And The Innovation is, we're
going to be live converting Dollars and British pounds into
Bitcoin, on lightning, and it using lightning and get the
value to London. But by the way, internally Enter
tow, dude, absolutely bullish. Now, you read all of this,
right? And then you're just like, But
like a lot of these shit coins don't need to exist with what he
was saying, and let's talk a little bit about what Jack
molars are saying. Because I think people conflate
these two things, right? There's Bitcoin, the commodity
Bitcoin, the token, right? Just Bitcoin the currency,
right? And then there's the Bitcoin
Network, right? There are, two course Bitcoin,
the commodity currency uses the Bitcoin network, but right, what
Jack mahler's is doing, right? And that's how he solved, a lot
of the problems with remittances.
Is that he's using the Bitcoin Network to essentially, transfer
payments overseas, right? So someone deposits $100 or pay
someone a hundred dollars in El Salvador, it gets sent over the
Bitcoin Network and then that personal Salvador gets dollars
back, don't have to pay the absorbent amount of fees that
you would have to pay to Western Union and you don't have to deal
with any of the crazy regulations that would apply.
Why to transfer your money into Bitcoin?
What if you don't want Bitcoin? What if you want something, you
know, the false illusion of stability.
That Fiat. Currencies provide.
What if you know you're an older person and you're just like, do
just send me dollars. Like, stop over complicating.
My life. You're still using the Bitcoin
Network even if you don't use it.
And here's the thing, the Bitcoin network is still the
best solution Western Union which is the thing that were
minutes is used today. Do they charge you an arm and a
leg? They charge you an absorbing it
fee for sending. Sometimes like twenty percent
twenty thirty percent, imagine I send a hundred dollars, let's
say Optimus was in El Salvador, he received it, get 70 bucks.
Like what if you're from the lower income like, dude?
That's a lot of money that's going.
We're right. If you do it over the lightning
Network, like, you know what strike solution is, dude.
It's almost free, right? And I believe that more Bitcoin
companies are going to start doing this.
I think that this is just the beginning, but yeah.
Man. Dude, I'm just so disappointed
by that description that they provided man.
It's just it's such a buzz kills, like I'm F DS.
Blockchain dot dot and then you have Jack mahler's saying that
and you're just like what the f you know.
So yeah man very bullish from Jack mahler's describing exactly
what it is. Describing the revolution
describing that utility of Bitcoin.
That not only just the currency of also the network as well,
right? So really, really Stuff anyways,
Opti. What are your thoughts?
And then we'll move on to Tony. Well, first off, I just love
that Bloomberg. Can't say Bitcoin, where the
pledge with the Bloomberg account and we see the
narratives guys, they do not like Bitcoin, they do not want
to paint Bitcoin in good light. Sometimes the signal gets
through like it is today but they got a bent against Bitcoin
and secondly Jack mahler's is a g dude.
Everything he does. It's Even the way he walks, he's
got swagger. Like he is he he's a great bit
corner but just to add to your point when I was at the Bitcoin
conference and he did his presentation on what strike was
doing with traditional payment networks and integrating
lightning in it. And he fully explain how
lightning works as a payment rail to Route Around traditional
financial banking. It was one of those moments
where I was stunned them. I couldn't fully Grasp, what he
was doing, but I knew it was a big thing in the more that I get
comfortable with the idea. It just blows my mind that we
can route around this old Tech with brand new tech, and we can
get money across the border across the world in minutes with
no middlemen and the middle man out there are shut guys, because
Bitcoin makes them Obsolete and they know it and we know it and
Jack Ballers is just out here. Get to every one day in and day
out. Shout out to Jack, mahler's?
Yeah, shout out to him, bro. Jack mahler's, Ballin, that's
why they call him jack Ballers. Anyways, Tony, what are your
thoughts on this brother? Yeah, you know, I just got to
say, I mean, we couldn't ask for a better spokesman for Bitcoin,
right? Like Jack mahler's.
I mean he just he can explain it to the smartest people, as well
as somebody who doesn't know anything, you know.
And so Well, I mean, he's just so eloquent with everything he
says, you know, so we really couldn't ask for a better
spokesman than him and for him to be there, right?
And doing that with a bunch of you know, people who don't want
anything to do with Bitcoin, like you guys were saying, you
know, like it it just doesn't get too much better than that
that he's there. And and, you know, I love how he
went over is time to, right? They probably gave him some time
limit and he's like, well, you know, I'm just gonna go and do
my thing so, Couldn't be better that he was there.
And, yeah, like you guys said, I mean, Bitcoin is, you know, we,
everybody always says it, right? It's Freedom money and, and
it's, it's definitely better than anything else that's ever
been in existence, right? Yeah, absolutely.
You know, and I think he hit his way of articulating, it, you
know, and just highlighting, you know, that because I think and I
want. I know.
I've already said this, but I want to re-emphasize that right?
Is that people have to understand There's two different
Bitcoin that commodity is one thing and Bitcoin.
The network is a whole other thing, right?
And I think a lot of people, you know, combine the two and
rightly so right? But you could still use the
Bitcoin network from your perspective without even
touching Bitcoin, the commodity applications and companies could
utilize Bitcoin and the lightning Network as a back-end
to facilitate payments over over over borders without the User,
or without any of the users even knowing that they interacted
with the Bitcoin Network, right? Very similar to the internet,
right? It's very similar, like, in
terms of how you would think about it.
So anyways, Jack mahler's doing its thing.
Educating that Bloomberg reporter keep probably had no
idea what he was saying, but hey, one step at a time.
Anyways, I'll eat. Yeah, go ahead.
Opti it's time green. Anyways Opti, it's time for the
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All right everybody. Check this out.
Bullish bullish news. You guys know the deal.
We always break down the signal, try to get the signal out of the
noise. First article, Bitcoin gaming
company, zbd raises 35 million dollars for virtual economies.
That's the key right there. Virtual economies 35 million
dollars being invested into a Bitcoin only company in the
middle of a bear. Get that is signal right there.
That means, smart money. Investors are bullish on the
future of Bitcoin, even with the price 70 percent down from
all-time high, don't sleep on it.
Anyways, moving on, we actually had I think the CEO of zbd on on
simply Bitcoin before. She's awesome.
Anyways check it out. Zbd.
A Bitcoin only gaming gamer gaming developer has secured 35
million in a series series be fundraising event to scale
circular economy. Economies and Virtual Worlds,
the fund, the funding will be used to scale Z biddies team,
allowing them to meet the needs of its increasing user base,
which witnessed a 10x increase. Since the startups initial
funding round this past September, the fast-paced growth
as the company explains has been part due to Innovative
Partnerships with existing gaming Studios and Integrations
with blockchain industry. Experts, we are pleased to be in
a position where we can confidently scale, our team grow
our business. Even as the Economic backdrop.
Becomes increasingly uncertain, Simon Cowell.
Know we. Oh man did we hit?
We had zbd and Thunder games. We had both of them on simply
Bitcoin. I confuse the two but we both we
definitely have them on this funding round, gives us the
ability to meet our highly ambitious roadmap.
Both in terms of building out our infrastructure support, the
hundreds of millions of users that play our partners games,
zbd creates a circular economy, allowing its users to earn
Bitcoins across multiple video games by leveraging, the
lightning Network. Remember what I told you about
Bitcoin the network connect this, what we were talking about
with Jack mahler's, right? A layer 2 application built on
top of the Bitcoin blockchain which enables users to have
access to instant low-cost micro payments in Bitcoin.
We have seen new monetization methods disrupt the gaming
industry in the past and we believe that integration of
Bitcoin directly into games is a new way to expand the connection
with players and engage them in ways that was that we're never
possible. So before said Kenny Lee VP a
trainee group the wide range of use cases for Z.
Biddies platform provides flexibility for the game
designer and allows zbd to partner with any developer from
a AAA console and PC to hyper casual mobile, right?
I think the key here and this wire highlighted is the AAA
console, right? How long until your favorite AAA
game has lightning lightning payments and that enabled and
that's exactly what a company like zbd is doing to make
happen. So that that triple a company
doesn't have to learn and how to apply it.
They could just take CBDs API applied to their game and yeah,
very, very bright future. I think Bitcoin and lightning is
a match made in heaven. Optimus what are your thoughts?
Well, I have a question for you. I'm not much of a gamer, but
what's AAA console. Yeah, so trucks are Play-Doh.
So a AAA game. It should have defined it.
So a triple A game, is a game with an extremely high budget.
So let me give you an example Grand Theft Auto Call of Duty,
right? There's only there's only a
handful of those anyways. Right.
Awesome awesome. Well, that makes me even more
bullish on zbd. I am a user of Z biddies
lightning streaming kit guys, and it's absolutely one of our
favourite features it. The best thing that we do on our
low budget, Bitcoin kindergarten, we have our
friends, troll, has zbd streamer.
Kit is awesome. I am very bullish on this
company, I think. Lightning gaming is that a match
made in heaven? Who doesn't want to take other
people's sad to while playing video games?
I mean, come on guys. And while I'm on this message, I
know you zbd guys are listening to me.
I have a feature request, I need to be able to submit My own
memes. When people give us tips, this
will be a game changer for the Bitcoin Twitter Community
because you guys are allowing us to ride around YouTube
gatekeeping guys. And it's truly a beautiful
thing. You don't need The Gatekeepers
anymore to make an income if you are providing value.
The value for Value economy is thriving and I'm super excited
to see what else is EBD comes up with.
So bullish on. Zbd, bullish on cvd, anyways,
Tony, what are your thoughts on this?
My friend Do you game? Are you that type of person a
little bit? But not like my son, you know,
my son is, he's all into it. So that'll you know, and it's so
funny because I he's not quite a bit coiner yet, right?
So that would just be right up his alley, you know, so how long
until you orange pilling Get him up.
I'll go. Yeah, of course at and get them
to subscribe to some people coin, do both.
Yeah. Well, he's already, you know,
he's he's the one who spilled. He's just not, you know, fully
on board yet. Yeah, he's not he's on but that,
you know, I that's how he gets paid from me, you know, so he
he's already got his own sad. So, you know, he just, you know,
he's in high school, right? He doesn't, he's got other
things on his. Mind.
Right? So you know that's that it's not
you know he's not working yet you know money's not important
to him yet because dad pays for everything.
He feels like he has all the time in the world, he's at that
age. Anyways moving on moving on.
All right the Big Kahuna today absolutely massive and of course
Nico's going to break down the noise give you the signal
anyways. Moving on Samsung's.
New mining chip will be 45 percent efficient, And it's like
oh it's a mining ship before 85. Let me say that again.
Samsung's. New mining chip, right?
Tech. Giant Samsung said it is
currently working on new 3. NM mining ship that will be 45
percent more efficient than you chips are estimated to have 23%
higher performance and are expected to significantly reduce
carbon emissions in the mining industry.
The company started working on the chips in late 2021 with help
from from its various subsidiaries including as And
this Siemens and stood. These are massive companies,
especially Siemens Samsung also said that the to Nan nanometer
chips will be released by 2025 while announcing the 3 NM ones.
We will continue active Innovation and competitive
technology development and build processes that help expedite
achieving maturity of Technology.
One of it. Oh no.
The first mining Hardware the ant minor S1 which was produced
in 2013. Had a 55 NM chip currently the
best Mining equipment on the market.
Is that Aunt? A minor s19 with a five
nanometer chip which was produced in 2022.
So as you can see these chips getting more and more efficient
which, you know, it debunks, a lot of the, a lot of the energy
Fudd narratives. Anyways, moving on to this, this
is the signal guys, this is the part that you're going to get
very freaking bullish. I to do this out.
I don't really tweet from the simply Bitcoin account that's
opt he's job. But I felt so bullish.
I had to do this folks. Is on the signal, both Intel and
Samsung are making chips for Bitcoin, miners, gas problem,
and ExxonMobil are mining Bitcoin, ignore the noise and
before a lot of you talk shit, Nico brought the receipts.
Here's gas prom techradar Intel ExxonMobil, CNBC and now
Samsung, right? And of course, we will put all
dust all of this down the link description so you could, you
know, don't trust verify. But yeah, dude, Intel Samsung
huge Manufacturers. Absolutely massive companies.
What are they doing? They're making Bitcoin chips and
gas prompt. Russia's largest state-owned
energy producer, right? Mining Bitcoin through bit River
and of course, ExxonMobil mining Bitcoin with natural gas in the
grade old us of a, this is absolutely massive.
This is right now. Look at where the price of
Bitcoin is right now, last time, the price of Bitcoin.
Was that the last time the price of Bitcoin was at this level a
year ago. None of these things were true.
The fundamentals, keep getting stronger, which is what we
always Advocate on this show. Ignore the noise, focus on the
signal. The future has never been
brighter for the orange coin. Anyways, update, what are your
thoughts? Orange coin, good.
No no, guys. This is I just imagine being
bearish right now guys. I know, I know you.
You you're looking at the price we've been dumping.
Yes. Yes, yes.
Bear Market Vibes, whatever. But bitcoiners build in the bear
market and now we have huge companies that are becoming
bitcoiners guys. We have heat massive companies
in chip production for mining. We have massive energy companies
getting into Bitcoin, mining to offset their, you know, Carbon
effort and their energy. It'd be impossible to not be
this bullish right now, guys. This is incredible and One other
note that you didn't put in Nico, the one of the largest
American energy companies is like Duke dukkha, dukkha
electrical or Duke Energy. They just recently came out that
they are looking into mining as well, guys.
So there's so many points right now pointing to what we've been
telling you forever, Bitcoin is going to take over and I forget
who it was Anika, was it? Zell that said, or maybe it's
someone else but when someone said this, it was one of Of
those eye-opening moment, where he says, everyone's bullish on
Bitcoin, mining companies getting swallowed up by energy
companies, but you need to be bullish.
Super bullish, where Bitcoin, mining companies are becoming
the energy companies because that is where we are going.
Oh my God, I'm too bullish. I'm excited, dude.
This is, I'm telling you, like, this might seem like noise, but
if you connect the dots, what this represent, also think about
it. The political perspective,
right? These companies have a lot of
political power by. Why is that?
Because you know, they put a lot of money into, you know,
politicians to get certain types of regulations.
You really think that now the American government a lot of
these corporations can make Bitcoin illegal with this amount
of sway from these large corporations.
ExxonMobil is a Fortune 500 company.
They're on their their public company as well.
Let me so my brain short-circuited, let's see Intel
public company samsa. Public company.
So all public companies, right? Massive corporations that are
all in some way part of contributing to bitcoin, right?
And the future of Bitcoin anyways and why are they doing
this? Is it because there's you know a
great leader, pushing them know the incentive of profit that the
Bitcoin Network provides anyways.
Tony? What are your thoughts brother?
Yeah, I mean how can you not be bullish right I mean there's so
much noise out there like you said right?
You know, the politicians and the media, and they're always
just pushing this narrative, right?
That that it's I mean, you guys talk about it all the time,
right? All the energy and everything.
But yet, when you have these, these companies, like you just
said, Intel and Samsung and Exxon, and they're doing this,
you know, behind the scenes and the normal person, doesn't know
this, you know, and and I mean it's so bullish and so much is
coming down the lines, right? Like with all this, there's a
lot of new technology that's going to be coming out soon too,
right? Bitcoin conference.
Some of it was announced and I mean, this stuff's going to be
coming down the lines in the next.
What year, to by the time, the having happens, right?
I mean this I mean how can you not be bullish right now?
The, the the Fiat price, right, as you like to call it mego the
caca Price, Right? Like so, I mean that you can't
even look at that, right? So it's What a time to be
bullish, right? And what a time to be in,
Bitcoin were so early, you know, stay humble stack SATs, right?
Boom, boom. That's right.
Optimus so it's the second best. What's the second best?
The reason our second-best Scrappy.
Oh man, alright. Alright, moving on last piece
real quick because I opted he's got to get to the fail but just
guys we're going to come back to this website a lot.
I just wanted to show it off for the first time.
By the Atlantic console dot Org, the central Banker digital
currency tracker. That's right, has a map with
every country in the freaking world and the current status of
their Central Bank, digital currency development, and if you
click over the certain country, it tells you research, tells you
Oh Canada is in development, it tells you Brazil it's in
development, right? So every single country in
Senegal was canceled right in night in Namibia.
Right, there's research in Zimbabwe and Zambia is research
10. Zania research, right Saudi
Arabia. There's a pilot right in Russia.
There's a pilot in Europe, right?
We can zoom in, dude is crazy, right?
The digital Europe, its it, digital Euro, it's in
development, right? So crazy stuff.
It tells us really goes into the bowels of our enemies what's
going on there and it puts it all together in this nice.
Little organized website for simply Bitcoin.
Anyways thank you Atlantic Council.
So probably this like evil organization with that type of
name, like sounds ominous in my opinion.
I'll definitely look into it over the next couple days.
You guys know the deal simply Bitcoin is dangerous because
this plebs of the Bloomberg or subscription anyways.
Abdi, what are your thoughts brother?
Well, that's an awesome sight. Whoever made that whether it's a
banker or a pleb shouts out to you, my favorite number on there
was the number two because there was two cancelled CBD.
See, Objects. I don't know where they're at.
I'm going to go search on that site and figure this out, but
awesome. The receipt in one page, make it
easier for us. Thank you very much, Tony.
What are your thoughts, brother? Yeah man.
What a website that was like you clicked on that and I was like
whoa. Just boo.
You know, like I mean that's something I'm gonna have to go
check out to I didn't. Yeah you know that that that's a
pretty cool website. So just You know keep putting it
out there and and keep doing what we're doing right?
Yep. Absolutely.
Anyways Opti it's time for the daily fail brought to you by
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It's your boy Optimist and the fails just keep piling up in
regards to Celsius and the contagion in the market.
So The Celsius. One is a stacker.
We're going to start with the first part of the fail that we
saw this morning. As you can see in the headline
Celsius is lawyer claims that users gave up legal rights to
their crypto. And guys before I even get into
this, we've told you that this was going to happen.
A long long time ago. That once you give up your
Bitcoin, it's no longer your Bitcoin, hold your private Keys.
Anyways, let's get into this Celsius. 1.7 million registered
users across. 100 countries gave up title to the crypto.
They deposited into earning borrow accounts, according to
the firm's lawyer, they had their first bankruptcy hearing
on Monday. And this lawyer Pat Nash
remember that name? Because he's a critical element
to this whole thing details. How retail users with earn and
borrow account transferred, the title of their corns.
Their corn, their coins to the firm as per its terms of
services. As we said, here Celsius is
free. You to use cell pledge and
rehypothecation those coins as they wish.
As you can see, here is a terms of service has definitely
clearly says in the part of the terms of services that they can
use cell pledge and rehypothecation those coins.
However they want. But the question here is whether
the coined in custody by Celsius.
Can also be claimed by Celsius and are no longer your coin.
So here is that lawyer Pat Nash and he asks are the crypto
Assets in Celsius possession. Property of the estate is the
answer to this question. Different for crypto assets held
under the custody versus the earn program and as attorney
David silver summed up on Twitter.
Celsius users. Should stop thinking of those as
your crypto because it technically all belongs to the
firm. So guys, what's the saying?
Not your keys, not your Bitcoin. Don't give these institutions,
your private keys to chase yield because once you give up that
Bitcoin those private Keys it is no longer your Bitcoin. .
But as I said, there is a real nice connection with this.
Pat Mash guy. So Nash says Celsius recovery,
plan will involve houghtaling so the next article that came out
same day couple hours later or maybe around the same time.
Crypto lender Celsius defend Bitcoin.
Mining plan as bankruptcy kicks off.
So as you just heard, Pat Nash says that houghtaling will be a
part of their recovery plan and then you realize that what what
Celsius is different is that they're using Bitcoin mining to
try to regain the Lost coins because they understand that.
You want to go long in crypto so they're gonna use your assets to
buy Bitcoin to make sure that their Mining facility is set up.
And to make sure that it's shipped to you and this has been
all approved by a New Jersey judge.
And again this lawyer Pat Nash a lawyer for sale says told Glen
that Bitcoin mining could provide a way for the company
which halted other business operations.
Like lending to repay customers whose assets at froze in the
weeks leading up to its bankruptcy filing.
So guys, I want you to understand what is happening
here. They re hypothecated all their
customers funds. They got completely liquidated
when they went to trade, that they went bankrupt and now
they're using whatever. They can to try to scrape
together a Mining facility so that they can go long for their
customers. And furthermore this is just all
showing you that the customers might also object to sell.
You're spending on Bitcoin mining vendors at the time when
their own recovery is in doubt. Amazing, guys.
So remember, when we covered this on July 13th, and core
Eclipse has told us that if Celsius really cared about their
customers, they wouldn't have filed a chapter 11 bankruptcy.
They would have filed a sip of bankruptcy, but we know better
now guys. They are just here to clean
their ass and make sure that they don't get Absolutely
wrecked but guys of course they're going to go out to
Twitter and they're going to try to spin this as best as
possible. So let's just see what Celsius
network is saying today or actually yesterday, when this
news came out, we know that any reorganization plan will require
buy-in from the community quote, on quote, we encourage you to
hear our proceedings. And then right here guys, the
pure signal of the fail, we intend to file a plan that will
provide customers with an And to remain long crypto guys,
amazing. Absolutely amazing.
They get rekt trading. They get rekt getting
over-leveraged. They get rekt being bullish.
They go completely bankrupt, get liquidated.
And now, they want you to believe in them on their new
Bitcoin, mining Endeavor, so that they can make you back your
money and that they will hold your keys for the long run so
that you can get the exposure to crypto that you saw.
So want guys don't play stupid games because you will win
stupid, prizes, Jato, Bitcoin, put it in Cold Storage.
Don't give people your cold, your private keys for yield
guys. Bitcoin goes up.
Astronomical numbers, don't get greedy.
Don't chase eight percent yield when you're going to lose.
All your coin guys, the risk and the reward are in balanced and
these shit colanders know it. And they Are freaking Hawks on
the newbies out there anyways. Nico Tony, what are your
thoughts, man? Dude like man it's the I love
bear markets in the sense that yeah just everything gets
crushed but the frauds you just get exposed for the world to
see. And dude Alex what machine ski I
think is how you pronounce his name was.
There's a video of him literally saying, here called the Bitcoin
Maxis are Blame for telling people to put on Coach toward, I
guess for you, if you want to have it, I have it cued up.
All right, cue It Up, play it, we gotta pull it up, you gotta
play it and then literally highlight how much of a piece of
shit. This guy's anyways Opti is the
only enabled I believe. So No, it's not enabled.
You got to stop sharing screen. Oh wait.
Oh it's on the thing at one second.
I forgot about this. You got to stop sharing the
screen, dude. Oh yeah, all right.
And then when you share the screen, there's an option on the
bottom left hand corner, says share sound.
Okay, let's see. Let's see.
Oh yeah, dead. And then when it okay, go ahead.
Are we good? Yep.
Alright 3, 2 1. The Bitcoin Maxis are all over
Twitter. Trying to convince everybody.
Hey, this is why we told you, you know, and not your keys, not
your Bitcoin, you know. So let me tell everybody right
30% of all the Bitcoin is gone because of the Bitcoin Maxis
because they told you to hold your own keys and then everybody
lost their keys. The Bitcoin amazing amazing
dude. Talking about Scumbag like talk
about scumbag disaster and now the shit hits the fan people
want to meet be made whole ah what are you talking about?
I never said that. Oh anyways Tony what are your
thoughts? Yeah, what a POS right?
Like It's kind of mind-boggling, right?
That they can sit there with a straight face and say, that sort
of thing, you know, knowing what they're really doing, you know,
and knowing that they're there, they're scamming people, you
know? And so, I mean, I know it's
tempting to, you know, want to get some yield on your BTC, you
know. I don't know why.
You know, I'm sure we've all thought about it, right?
And you're, it's so tempting for just a minute and then you're
like, You know, it's probably not the smartest thing to do.
So, you know, again, it's just best to hold it.
Halal it and, you know, not your keys, not your cheese, right?
So yeah, that's that's the bottom line.
Lesson lesson learned. Anyways, Opti.
What is the next? Fill my friend?
Wow. Well, the fails, excuse me.
Just keep adding up, guys, like a macaw.
Cross this Twitter thread and it's about three arrows capital.
I will confirm this information in another article, but it lays
it out really nice here in this stretch.
So, this buy milk Road daily and he says, we read that thousand
page dock on the 3ac court filing.
And here are the top, what the f moment.
So number 13, acos 27, creditors, a total of 3.5
billion dollars. With Genesis taking the biggest
hint they lent, 3ac 2.3 billion dollars.
Oof, you can see here how much people lent out the 3ac and who
is hurting the most second three hours Capital was taking money.
Out of clients accounts. And trading with them.
So let's see. This Danny, you on, we trade in
one of three Aces trading counts this morning.
They took about 1 million out of our account.
I hope you pay us back ASAP. Amazing.
Okay, next three arrows Capital Founders use their wives as
creditors. According to the paperwork.
Kyle Davies wife is old roughly sixty, six million dollars.
You can't make this up. Amazing number for the cherry on
top. Three arrows.
Capital Founders bought a 50 million yacht using borrowed
funds and they quote unquote wanted it to be.
The biggest yacht owned by any Singapore billionaires amazing.
Okay so maybe you think this is just Twitter hearsay maybe you
think you know this guy doesn't know what he's talking about but
here we go we have it on an official media side block works
and goes through Tac co-founders, huge funds assets
for 50 million dollar. Yacht Bungalows again.
Again, with the quote, they wanted it to be larger than any
your own even by Singapore's riches.
Billionaires, amazing Guys, these are in my opinion, the
quintessential shit coin thinking most of us aren't here
for the Lambos but some of us here are for the yacht's.
Anyways again the thousand-page affidavit explaining all their
fails co-founder Zuzu and Kyle Davies made a down payment on
that 50. In dollar yacht co-founders are
believed to have made payment using borrowed fund.
While ignoring creditors attempt to contact them amazing.
And at the time of this zuzu's wife, purchasing to Singapore,
good class Bungalows or prestigious houses where
twenty-eight point, five million, and forty.
Eight point eight million in the last two years.
Guys, we tell you all the time. These people don't care about
you or your Bitcoin. They're Taking your Bitcoin
rehypothecation Ting trading with it and using your money in
the riskiest way possible, so that they can make games.
Anyways, the founders of the clearly and solvent companies
should not be allowed to deal with, what may be the assets of
the company. Remember when I just went over
the Celsius fail, we explained to you.
That Celsius lawyers telling the victims of the Celsius collapsed
at all the In in custody with them is not their coin.
Again, we have another Point telling you this exact thing
guys do not give these companies your Bitcoin because it's no
longer your Bitcoin. Once you do that guy's again
this is showing that three acos 3.5 billion dollars to about 27
crypto firms and its biggest being the crypto brokerage
Genesis which loaned them to point three billion dollars
guys. So Brr, all the people they've
been freaking out on Twitter. I'm sure if you follow the
money, you can tell who's, who. And who got wrecked.
Anyways, we got digital currency group.
The parent company of Genesis wrapped up in this.
We got Voyager digital. We got Dairy bit, I went over
this yesterday, guys, there's a lot of people that are getting
wreck right now. And if you remember July 12 2010
at wheat where he said, sadly, our good faith efforts to
cooperate with Liquidators was met with baiting amazing.
Anyways, before I wrap this one up, Nico.
I saw this tweet and I thought it was some signal as well as
just absolute Shenanigans and a dunk.
So this guy at Crypt, okay? Leo, he watched this movie
called Rogue Trader and he said that it reminded me slightly of
the 3ac Celsius situation. So this guy, the main character
was perceived as the hottest Trader in the world.
Every position he entered. Everyone wanted to follow him.
What didn't he know? It didn't.
Seemed like he was losing money. He was making money, but he was
losing money and he was covering it up.
And he made such large moves at everyone was convinced he had to
be legit rather than being honest about his losses.
He continued to make large directional Bets with clients
funds. He believed he had the power to
move the entire Market higher. Eventually his luck ran out and
it got wrecked. He realized there was no way out
of the mess he made. So he fled his positions were so
large that unwinding them continued to Cascade the market
lower and a couple months later, the market did what?
He thought it would, it rallied higher why he watched it in
jail. This happened in the mid-90s,
sounds familiar, doesn't it? And then, Iceberg egos.
This was one of the zoo's favorite movies.
And as you can see in this screenshot, what are the best
movies about finance, and economics is a tweet by hasu and
Zuzu respond, Rogue Trader, the bank Trading Places Do I need to
rewind? This guy's damn, he really just
lived out. Rogue Trader in hindsight
literally. Every Zuzu tweet contain of hint
of what he would do. Amazing, amazing eyes.
Oh yeah, it's almost impossible to read all this and not just be
completely stun with the magnitude of fail here because
not only did He Zuzu and the founders of 3ac essentially live
out, a great movie On the Run, going, Big D, Jen leveraging,
using customers funds and then dipping out when the market
collapses and getting wrecked. And there was another tweet
somewhere. It might have been in the same
thread. Let me see if she's here and no
I didn't. I didn't load it up.
Sorry guys. But there was a tweet by Zuzu
where he said something on the lines of Escaping International
like being an international fugitive on my yacht is like
what I'm doing and that was months ago and I don't know if
you guys remember but no one knows where Zuzu is guys.
Like he's literally just dipped. He's essentially living this
movie Rogue Trader. I haven't seen it yet.
I'm gonna go watch it because this is just too crazy.
This is absolutely crazy. Again, guys.
Don't get people your Bitcoin, take your Bitcoin, off
exchanges, put it in Cold Storage, go outside, live, your
life, Bitcoin will be here. When you're ready to come back
and pay attention, just secure the bag guys, you do not need to
chase yield because when you give up your Bitcoin it is no
longer your Bitcoin, anyways, Nika, dude, man.
Look, I'm gonna take a little bit of a different take.
I've said this in previous shows, right?
That. And we always say this, right?
The revolution is self custody, right?
If enough people do we went why am I saying that?
Because that is the Innovation. Right is the ability.
Now for an individual to take self custody of millions,
billions of trillions of dollars.
Individually, right, without having to rely on Security,
Guys, without having to rely on a v.
If you're in a really sticky situation.
Even though I don't remember recommend this, you could
memorize those 24 words, and you can take everything with you,
right? Why am I saying this?
Because the the same things that happened, the Fiat system for
over 100 years. The bank runs the fraud, you
know, it all happens because other people were holding other
people's money, right? So now, we have this Innovation,
we have Bitcoin to do it, Lee and you could build on top of
Bitcoin and all the tools and all the things that Bitcoin
gives you. For example, the if you go back
to if you go back to If you go back to the rehypothecation
issue, with what happened with block Phi, right?
Why that happened? Because they took everything
pulled everyone's money. But if you compare that with
Unchained capital, for example, unchain Capital did things.
Something totally different that utilize the power of Bitcoin.
They utilize multisig, so Unchained Capital was not
incentivized to spend the money that they have an under
collateral, right? And why is all this happening?
Because I think that the incentive to if your Staring at
a pile of money, which you could use, right?
Which happens a block 5 which happened three arrows happen to
all these companies. What are you going to do it?
You're going to use it. It's not because they're bad.
It's that they think. Okay, listen guys, we're going
to offer them a return, so they're happy.
Keeping their money with us. Just like Banks, but what they
never plan for just like Banks, right?
Is that the market goes the other way and then they get
totally screwed. And then, like, they get with
their pants down, it's like, not only, are we not going to be
able to offer you that return? We're not even going to be able
to give you your money back in the first place.
And none of this happened. This has happened in the old
system, hundreds and hundreds of times.
What is the radical Innovation is the ability of the individual
to take self custody of their wealth.
So easily in a fraction of the set of a fraction of a second
and if you store it properly, it actually makes it very difficult
for anybody to seize. It moves the balance of power
from the individual, from this, from the nation-state, to the
From the collective From the Mob to the individual.
Anyways, those are my thoughts Tony.
What are your thoughts, brother? You know that just goes to show
you how, you know, how how we're so familiar with that old
system, right? That, that even though we have a
new system, people are still doing the same things with the
new system as the old system and people are still getting rekt.
Just like the old system, right? So I mean it's What an epic fail
that was right. And I mean that's crazy and you
know, I mean Bitcoin is is, you know, the best savings you can
have right. It's the peaceful Revolution,
you know? And and just just like you said
Nico, it's just get it, you know, put it in cold storage and
just hold on to it. You know, that's, that's the
best thing to do. Yeah, you're not going to, you
know, have you're not going to make a million dollars tomorrow,
but It's the best Savings Plan there is and it's going to be
the best there is ever invented. Yeah.
What that is 100 freaking percent spot on bitcoin is the
best savings technology. The world has ever seen, but
anyways, Opti it's time for the daily meme review brought to you
by Citadel 21 it's the best Bitcoin culture is Enid stories
articles Comics by actual bitcoiners is artwork for volume
10. This is the artwork for volume
11 and this is the artwork for Time to volunteer is almost sold
out because there's only 1000 physical copies made per volume,
guys, get your physical Prince of Citadel 21 today before they
run out. Alright everybody, Welcome to
the Bitcoin mean review. Where review Bitcoin memes.
Anyways, first mean by TBI see Finance six secrets of getting
rich, pay yourself first, get help from a mentors.
Put your money to work. Stopped, buying liabilities,
invest in things, you understand it, eliminate excuses.
Okay? All right, for the pleb, that
put that in the chat variants. Little self-help.
Not Use where use it are usually used to more comedic memes, but
I like it. I like it.
All right. Next one by the, by the best
Bitcoin memes. The world is a mess.
There's nothing I could do about it.
Things just keep getting worse, fix the money, fix the world.
Next one by rope plebs when they can't find Fiat to stack at 19k.
All right. Moving on to next one.
When wife foot says, she's knocking your lights out of you,
but you buy another corn worth it, dude.
Dude, hilarious. Next one, bye Alan Watts.
Never ask a woman her age. A man, his salary, a crypto
company, where the yields comes from.
That's absolutely hilarious. Next one.
Bye Ben. So everyone's panicking about 37
degrees for two days in the UK. Yet they took three experiments,
which I goddamnit who put this in the chat.
Let's just say the a lot of collectivism convinced, a lot of
collectivism. Mentality has infected a lot of
people to just don't question and just do what the government
says. I'll just leave it at that.
Anyways for those memes I'm going to give it this empty
Journal. It's an empty black journal or
is it really empty? You'll never know.
Anyways, optic when you get those memes slack journal with
all the secrets, all anikó secret.
All right guys, I have given this score before but I wasn't
on them so you couldn't see it. Exactly.
So it's orange. Wait, orange, seeds heiner,
let's go, let's go. Awesome.
Awesome memes. Awesome scores for some awesome
memes. Anyways.
Tony, what would you give those memes?
Well, in honor of the All-Star game that's on this week, I'm
going to give it this official Major League.
Baseball autographed bat awesome, they're baseball.
Okay great great. Ask them.
Anyways, guys, we want to know if you agree, their scores, you
disagree, let us know down in the comment section.
Make sure to join us on Alternate video platforms like
Rumble.com personal favor. Bitcoin tv.com, join our
telegram group. It's a party in there.
It's awesome. Literally takes two seconds,
just link. Click the link down below.
Take you to the meme. Take you to the telegram chat.
We can link us some memes to review.
But anyways, an open-source off early today.
Why does everybody about it software release brought to you
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release. Today is Samurai wallet version.
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Nine eight was released Samurai wallet.
Is it's a privacy Centric wallet, right?
It has different features were. It's not mix it.
You coin joint, really your coins, right?
You can combine it with other people.
It's different than mixing, right?
Mixing is illegal coin joint is individuals putting their coins
together and then the transaction.
There's no central part. T.
Right? So Samurai wallet is a privacy
Centric wallet, definitely recommend it's awesome.
You also have one of the Samurai guys on the show as well.
Pretty not that long ago, but anyways guys, also make sure to
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coming on the show doesn't have a Twitter but eventually I think
I'm going to convince them to make one.
You can't miss all out on bitcoin Twitter.
Anyways guys that was our show. If you enjoyed our show, you
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and Opti was it that thing? That I said a Bitcoin 2021
conference here against Bitcoin you're against freedom.