BTC Sessions - NEWS ROUNDUP: World Economic Forum VS Bitcoin ep315

Episode Date: January 19, 2023

Global elites lick their chops with the intent to hobble Bitcoin through draconian regulation - but is it too late? The WEF, ECB, RBI and others continue sharpening their knives while pushing CBDCs. This and more on today’s show! 💪 SUPPORT THE SHOW: Start9 is your Bitcoin & lightning node, and full personal server - enabling you to take back control from the gatekeepers of your money and data! Grab an Embassy today and become truly self-sovereign! https://start9.com/ HodlHodl is a NON-CUSTODIAL, NON-KYC solution to stack sats peer to peer! Buy and sell Bitcoin while maintaining privacy. Furthermore, you can check out their Lend platform for p2p loans that are never rehypothecated. Sign up and try it out today! https://hodlhodl.com/join/BTCSESSION Coinkite offers the BEST Bitcoin hardware on the market. Use this link to get 5% off anything in their store: https://store.coinkite.com/promo/BTCSessions BillFodl: get your wallet backups in solid steel, protect your hardware with faraday bags and much more! https://privacypros.io/btcsessions Free video tutorials not enough? Need some extra hand-holding when mastering self-custody, multisig, coinjoin, running a node, or other skills? Book me for a private session on my website! https://www.btcsessions.ca/ Like what you see? BITCOIN TIPS: https://strike.me/btcsessions ⚡[e-mail]

What is going on, everybody? Welcome to the show. We've got news to chat about the powers that be are not fans of us freedom-loving folk, us and our money that doesn't get debased. Just wrecking everything for them. And they're trying to figure out what to do about you. We're going to chat about that today. We've got Nico here. We're going to be talking all the news, lots of stuff going to be talking.

Lots of stuff going on. As always, this is live. Anything can happen. So I defer to my friend Bill here. We'll do it live. We'll do it live. Do it live. I can write it and we'll do it live.

The thing sucks. If you have not already, like, subscribe, share, all those things. They help a ton. They help get this content in front of more eyeballs. I am Ben with the BTC sessions. is your daily session. All right, before we bring in, Nigo, let's take a look at where we are in the market right now. We are, by the way, this is the time chain calendar.com from our man,

meditation man or TC. We're sitting at 21,000 and 75 cock bucks per coin. A single US dollar will pick you up 4,745 sats, even less than the last. time I spoke with you guys. 91.75% of all Bitcoin have been mine. That's 19.27 million of them. In terms of fees, one sat per byte cross the board. Not a bad time to do whatever you need to do. Open lightning channels, all that good stuff.

Jumping Whirlpool. Yeah. Shout out to sponsors to the show, coin kite.com. The best damn hardware in the game. I love my cold card mark for. In fact, I've got it right here. I was playing around with it earlier. Also that crypto cloaks.

Oh, nice. Anyways, I love this thing to, to defend my stack. But they've got tons of great stuff over at Coin Kite. They've got their open dimes, their block clocks, their sats cards, their tab signers, all that great stuff. By the way, I'm going to be playing around with a bunch of Koykite stuff on the Nunchuk. They've got their new collaborative custody thing dropping. Playing around with that. That might be the tutorial next week.

Anyways, check out coin kite.com. Use code BTC sessions for 5% off everything. Up next, start 9, your sovereign computing solution. Love these guys. I've been using them a ton in and around a lot of my tutorials. But this is how you build your Bitcoin stack, my friends, Bitcoin core, running a lightning node, things like Mempool, join market is on there. You've got all kinds of great Bitcoin peripherals and you can run it in a self-sovereign way. You can also get your data out of the hands of corporations by running things like a password

manager, running things like hosting your files and your photos and just about everything that you want to do. You can host your life on the Start9 Embassy. And yeah, check out Start9.com. Use code or sorry, start9.com. You can check up the embassy one or for something a little beefier, this Embassy pro. Hey, if you're stacking stats and you're looking to do things like peer-to-peer, non-custodial from the get-go and non-K-Y-C, then Hoddle-Hoddle has you covered. This is the place to be stacking stats if those things are important to you. I have a full tutorial on how to get set up.

You can sign up in minutes with nothing more than an email address. And it can be a dummy address. It doesn't have to be anything legit associated with you. They also have their lending platform, which you should check out if you're interested in that kind of thing, because it's never re-hypothicated friends. You know, don't leave your Bitcoin with other people. Just don't do that. So be sure to check out hoddlehottle.com.

There's a link down below that will get you started. And finally, if you're backing up any important Bitcoin wallet, get it in solid steel. You don't want it sitting around on a piece of paper. You don't want to have to worry about fire damage and water damage and all that crap. The billfoddle over at privacyprose.i.o has you covered in that. department. This is how I back up my important Bitcoin wallets. So head over to Privacypro's.com.

slash BTC sessions for a little kickback at the checkout. Before we bring in, Nika, let's take a look at the Helopad boost tracker. People that have been sending those boostograms, sent in over sats with the audio only via fountain and perhaps breeze. Random Aynon user, Peter's Eahan monetizing the U.S. military by pretending to know everything about everything. Another. P.S. looking forward to touching of the tips. Oh, there's much

hype around touching of the tips. Literally just two hands touching tips from Michael. Peter Zahan, we don't care. We don't care. Shantoshi, love your content. Keep it up. Cliff. Abe, remembrance,

boost. Cryosats. Stay humble. Stack stats. stay supportive stream sats thanks man also he went on an absolute rip drop in sats you're a legend keep on building brother awesome rip yo from cryosats

bond thanks for the news roundup guys mo btc dick I love reading that name need you at a bc meetup one of these days dude I will make it out there as soon as I can cryosats more with the smiley's dude

god damn Michael bullish on 22 23. Cryosats just, I don't know, like, I don't know where you're getting these stats, man, but I'm like, I think I'm, you know what I'm going to say next week? Go pepper simply Bitcoin with all of these sats. They need the love. So go pepper them. I forego my cryosats next week. And yeah, let's jump into it. I'm going to bring in our good friend here. Dude, how you doing? Good to see you. Dude, I don't know about you. Ben, but I'm excited about the tips.

The tips are coming. This is like the most anticipated internet Bitcoin-related moment since I don't know what. I don't know if I should do the beard. Like a streak of the beard. I don't know. What do you feel less uncomfortable about? I mean, I feel like it's a right of passage. I feel like I have to do it.

I have to do it. Maybe you don't even need to diet. Maybe if I gingerly touch the tips to your beard, it'll just like just just die itself. It will do that. Simply will gain 5,000 subscribers. Just like, magic. It'll be incredible. Well, let's do some redecorating here.

Simply sessions. We're ready. Dude. Seems like much has been afoot. A lot of shysters trying to. I don't know. They're, they're formulating their evil plans.

We got lots of chat about. So maybe I'll, I'll bring up your screen and you can start filling us in on what's been going on. The party of Davos. But before that, Ben, the Tucker Carlson, the Tucker Carlson clip this week.

It's absolutely incredible. All right. Let's do it. I have seen, I have seen, but let's, Let's jump in. Let's take a listen. Almost all ransoms like this are paid in Bitcoin.

So if the U.S. government was buying huge amounts of Bitcoin in order to pay a ransom, Bitcoin prices would surge, of course. So the question is, has that happened? Oh, yes, it has happened. Since the nationwide groundstop last Thursday, the price of Bitcoin has shot up about 20%. Is that a coincidence? We asked Pete Buttigieg to come on the show tonight to let us know. Unfortunately, he did not respond to our request, so we'll keep asking.

Okay, so I need to ask you, like, what do you, how tinfoil hat are we getting here? Like, do you, what do you think of his, his, I don't know, what he assumes has gone on? makes great TV number one number two I don't know it is a very big coincidence but I'll tell you this

the DOJ did announce an announcement of announcement two days later and it was a nothing burger yeah yeah like I'm I'm I've got to say like yes

there's plenty of there's plenty of examples of ransomware attacks with with bitcoin behind it but you would better fucking believe that if if somebody grounded like all of these planes and demanded a bitcoin ransomware like and and the u.s gov like first of all i'm skeptical skeptical that they would bend the knee and then buy all that bitcoin and give it over. Like, if they did, yeah, I guess it would be low key like that.

But I feel like they would just, they'd be on that. They'd be at a podium. And they'd be like, all right, motherfuckers, shit's illegal everywhere. We're like, we're coming for you. Like, I feel like it would have been way worse than, yeah, I don't know. No, 100%. 100% but you know it is a theory

yeah I don't know I don't know but perhaps perhaps I mean I've been wrong about things before I'm I'm a tad skeptical that Uncle Sam just went out and stack some sats to give away to us to uh we have to pay the ransom

buy some Bitcoin yeah dude it it's so but Ben after what we've witness the last two years, nothing is out of the question at this point. That's, that's true. That's true. That's true. Hey, before, before you dive in, I just, I just saw this super chat and I can't not bring it up because it makes me giggle. Vague says, Ben, my wife says she wants you to help set up her cold card alone in a hotel room. Should I be suspicious? Not at all, man. Not at all. is a regular thing. Often wives ask me to set up cold cards. Sometimes I forget the cold cards, but don't worry, not to worry. If you had 24 hours with her and she couldn't say no, what would

you do? Dude, that meme, that meme kills me. I can't remember who made it initially, but it resurfaced again, like as of Wade. Dude, I said that to my, I sent that to my girlfriend. that came and she's like mother effort amazing amazing oh man okay so then

we're winning this is what it's all about we're winning bankers and regulators find common ground common ground on crypto at Davos right Davos for anyone and doesn't know that's where the world

economic form meets for put all the conspiracy theories aside and whatever, all those things that we can't confirm, but I can tell you something. And I think this is 100% for sure, right? You know, central planning hub, right? So of course, the central planners would be, you know, they would find common ground on Bitcoin and shitcoins because, you know, it takes away their ability to centrally plan. Anyways, this is regulators and bankers might not, regulators and bankers might not always agree, but they found common ground in Davos on the topic of crypto, regulating the digital assets.

That's industry. Speaking at a panel on the challenges facing bank, Singapore senior minister, Tamon, that's a really long last name. And European Central Bank governor, governing council member Francis Villaroy, emphasize the need for crypto regulation. Quote, the greatest challenge today is non-banks.

Villaroy responded, citing recent episodes of financial instability, including the performance, sorry about that, including the perform, oh, my God, rookie mistake. Okay.

all of them have one common feature. They're linked with non-banks, and here we lag behind. It's more difficult because it's a very evolving landscape. He said we should rush to some urgent non-banking regulation starting with crypto. Some things are very clear, whether it's crypto, traditional finance, you've got to regulate for things like money laundering. That's always the straw man. It's not like we're saying like, oh, money laundering, my criminals and whatever, but you know, they use that money laundering excuse as a justification to sanction open source software

software software software software software software developers implement KYC. Apparently, that has been postponed till April. So a couple updates there on MECA and, you know, the central planners of the world at the Wendet Work Economic Forum are freaking out. And, um, They're used to operating in an environment where they have a regulatory moat. It's crazy what happens when they have to compete on the open market. And they have to say, hey, you know, our forced to implement it on top of people via legal tender. It's own two feet. Now, it's a central bank currency ever going to compete with Bitcoin's incentives?

I don't think so. No, no. I mean, it's a dirt. I yeah you're right like they're they're worried they they don't know it it's it's clear that bitcoin has become a threat right it's it's clear that it's not going away that people are using it to kind of step out from under the boot of everybody that would be at at davos um and there may be kind of freaking out a little bit um is i got a i got a while we're on this topic. I mean, the gaslighting in and around this of like, oh, this is this is good for everybody.

And it's always, you know, money laundering and bad people are using this. And, and, you know, financial stability. It's, it's such bullshit. But the best gaslighting that I've seen in and around Davos is this. I'm just going to bring it up really quick here. Hold on. This is fantastic. from CBS News. As the super rich gather in Davos, online conspiracy theorists make bizarre claim

that the world is run by the super rich. That's real? I think it's probably I wouldn't, this is saying, like I wouldn't be surprised if it was real either

because these people were so out of touch. I know, like it's, but it's, it's, it's so funny because that's basically

what the conspiracies say like oh these people that are like in positions of power they're they want to hold on to these positions of power and anything that would empower the individual to kind of step out from under that control um would would only harm everyone like that's they're basically they're trying to to make it seem like oh this is for your own good, but it's impossible not to see like, hey, everybody there is, is a privileged individual that is basically exerting their positions of power to ensure that nobody else dare kind of move up and take a piece of their pie. Like, it's, it's laughable. The other thing I was going to show in line with what you're chatting about here, one other little piece.

So there's a girl that I met in Oslo for the Freedom Forum last year. Her name was Luda. And she's the one who, so she saw the Canadian trucker protest. And she used kind of that as a blueprint to then get protective gear for individuals on the ground in Ukraine on day two of the conflict. because she couldn't fucking do it with legacy banking. Well, she's hosting and part of this event that's happening in Cyprus. And this is a quote from her article here, smear campaigns, fabrication of criminal cases of money laundering,

undermining national security, extremism, terrorism, have all become common charges for politically motivated repression. It's true. It's true. Those are the typical buzzwords that you hear in and around whenever, whenever somebody's doing something that cannot be controlled while they're money laundering. They're extremists. They're undermining national security. All of those things are just used.

And it was used in Canada this past year. That was the exact messaging. Oh, geez, these people, they're not in line with the government. wants. They are pull out that list and just tack it up and just scratch out the name on the top. Man, but that's incredible. You know what, Ben, you showed me that and it just like reinforced. We're going to win, man. We're going to win. There's so many people that are working, finding solutions and, you know, just beating the, beating the drums, creating something, building something. And like all they're not building anything. They're not trying to help people.

lives are not innovating. They're like, you have to continue to trust us. Okay. There is no other way. You have to trust us. And then I see Bitcoinsers building solution. Remember that response by Numchucks, the response to the Canadian government? It was amazing. It was amazing. You know, so, so yeah, man. But, uh, but I think this guy's upset. He looks not particularly. He's, I would say he's not as bullish as I am. Oh, man. You know why? He doesn't have a streak.

Okay. Yeah. Anyways. So I'm dead serious. I announced this last Simply sessions. The next bull market. Once Bitcoin breaks 100K, I will have either a streak on my beard or my hair to be determined.

We're doing it. Anyways. And then Ben and I are going to, you know, do anything. I'm not going to say it because it's going to be clipped out. But you guys know what I'm talking about. Okay. Anyways, touch tips. Okay, Indian Central Bank Chief Insist,

Crypto should be banned, warns it will undermine authority of the Reserve Bank of India. So check this out. Says the Reserve Bank of India's position on crypto is very clear. It should be banned. It goes on to say, some people call cryptocurrency and asset. Some call it a financial product. But every asset or financial product needs to have an under- value, but cryptocurrency does not have an underlying value.

Like, and he goes on to say, anything without whose valuation is dependent entirely on make-believe is nothing but 100% speculation, or to put bluntly, is gambling. Well, value is subjective, my, Mr. Banker. You don't get to determine the prices, even though as much as you would like to. The market determines the prices, and the market fundamentally agrees with you. It doesn't matter how much you say this thing shouldn't have value. Talking to you to Christine Lagarde, market believes it does have value. There's nothing you could do about it.

This guy is speaking from the country in which they literally revoked the redemption of their make-believe currency like a couple years back where they're like, hey, you know, all these larger bills, well, they're fucking expired in like a week. And everybody had to like rush to the banks to give in their old shitty bills and like get smaller ones because the man who's in charge of the make believe deemed it so. So like for him to say anything that's backed by make believe, that's your fucking currency, man. That's you. You're the man who gets to make believe. Dude, they're just projecting.

They're fearful and they're scared because they know that if this Bitcoin thing takes off, which it has been, you know, their ability to do exactly what you said. Their ability to control people through controlling the money and controlling the monetary policy goes away. Right. And I think that's really what they're concerned about. But the cognitive dissidents, right, is absolutely insane. Bank of America says central bank digital currencies are the future of money. Interesting because the Treasury, the Treasury report that we covered on Simply Sessions a couple months ago, what was the name of the report?

The future of money, right? So, future of money in the eyes of Bank of America and the eyes of, you know, the Indian Central Bank are central bank digital currencies. But, Ben, I ran into this fascinating article in Financial Times. Now, you would think, right? Like, oh, you know, they're finally understanding why central bank digital currencies aren't a good idea. but take a look at how much projection is in these couple paragraphs, Ben. I don't know if you'll be able to contain yourself, because most likely you'll jump in and say something.

And you totally should, because this stuff is absolutely ridiculous. Anyways, goes on to say. So introducing CBDCs really means, quote, making central bank reserves more widely available than just to counterparties. This naturally raises the question. Who else should get them? Non-bank intermediaries, households, all companies, residents only, or foreigners too, Many of the motivations for doing it are suspect.

I detect that some are doing it for a vague notion that CVDCs are the future. Others worry that central banks that don't do CBDC will lose out in a global currency usage. This is pretty much irrelevant unless you're either the U.S. Federal Reserve, the European Central Bank, or the People's Bank of China. And even then, the race has a current victor, the dollar, clearly. The things pivotal to that reserve currency status in the future are not whether a state has a CBDC or not. is more the institutional health of the sponsoring country and whether they are good for their debt.

Now check this out. This part is hilarious. One motivation cited is to head off the threat from cryptocurrencies such as Bitcoin or similar. This is also not a good reason. Cryptocurrencies are such bad candidates for money. See, financial privilege because someone in Argentina, someone in Venezuela, someone in Turkey, someone in Nigeria would fundamentally disagree with all of that. They're speaking from a position of someone who lives in a country that has a relatively stable fiat currency. It goes on to say they don't have money supplies managed by humans. That's the problem. Feature, not a bug, to generate steady paths for inflation and are hugely expensive and time-consuming to use in transactions.

They can also be dealt with through laws and regulations not cajoling the central bank to provide a wholly new competitor asset. So much noise, so much signal. So much signal in that paragraph. They're telling you exactly how they feel they're projecting. We must control the monetary policy. That's been a disaster. It's been a disaster. I don't like they don't have money supplies managed by humans to generate steady paths for inflation.

Holy, like where do you begin with that? sentence. I mean, steady paths to inflation, like even the term steady in that, first of all, you don't need inflation. Second, even if you did, it's been anything but steady, I guess, steadily up. And then managed by you, like, both goals that you just stated were mismanaged by humans. And then my favorite is his conclusion was that that Bitcoin is so bad that there's no point in even trying to like be better. I mean, sure. I hope that they listen to the opinion of this piece. Guys, it's fine.

Nobody has even begun to question if you guys are any good. Just keep you're doing a great job. Keep it up. don't innovate, don't, don't do anything different. Just keep going and everything will turn out fine. I think maybe that. Please take that advice. They've lost their minds.

Like I don't know, I don't know how to say it. And internalized has been internalized that paragraph. And then we're going to talk about Argentina. Argentina's inflation rate at 95% highest since 1991, right? So absolutely crazy. Now, Ben, something interesting about Argentina, right? Because we covered this also in Simply Sessions. Argentine Congress approves IMF debt deal that would discourage crypto use.

Right. So we have Davos, we have central bankers, we have the IMF, right? Are these organizations, are these institutions really working for the betterment of the people? Because someone in Argentina, man, they would benefit tremendously. from a Bitcoin standard. And I just want to read the last part of this Financial Times article. It says advocates discuss the possible benefits of financial inclusion, but the most practical way of doing this contracting out to banks

to provide app-based access for CBDCs. But wait a second. A CBDC does not solve 95% inflation. They never mentioned that. No, in fact, not only do they not mention that, they tell you that there needs to be a statement, steady path for inflation, right? These people are,

Ben, I can't, I can't come to another conclusion. It's not only the IMF, by the way. We've gone over this document, the United Nations, spells out actions to curb cryptocurrencies in developing countries. I guess, I guess 95% inflation is okay, as long as, you know,

they curb the cryptocurrencies because they're hurting. Like, it's absurd, man. It's absurd. And I think it's, once again, this is an example of, Bitcoin exposing everyone's incentives. 95% inflation is catastrophic for society, man. People can't afford food.

They can't afford basic necessities. The price continues to go up and up and up and up. It's happened in Venezuela recently as well. The beautiful thing is in the places where it's the worst, the people would care the least about adhering to regulations and laws in and around the use of Bitcoin. They will just use it. They won't give a fuck. If the, if the, if like 95% inflation, imagine imagine that you make enough to have any sort of savings. It's, it's, it's gone immediately. In, in that situation, you don't, you don't give a fuck. Right. You're,

you're like, I'm trying to preserve the fruits of my labor. I'm trying to not starve. I'm trying to like actually have a future. And if that means finding some local or like going to a meetup or like going on, you know, hoddle, hoddle or or, or Robosats or Bisk or whatever to, to find a way to get myself out of the Argentine peso, then that's, what it takes.

And they will do that. They will 100% do that. So, I mean, that's, that's my takeaway here is the places where it's worst. The regulations and the laws will have zero effect. Yeah. I completely agree with you. It's just, but it's just, Ben, like the institute, these institutions, they tout themselves as, Look, like, okay, I've shown you guys this 100 times, but for the sake of this, like, you know, let's talk about it, right?

United Nations, their slogan for audio fountain listeners, prosperity for all. Prosperity for all. That's a lie, dude. Yeah. It's that meme. So that was a fucking lie. Straight up. This is a total lie.

Anyways. All right, moving on. this is have you seen this man this is insane this is insane actually insane it's insane man so 196 members of congress took ftx money by the way that includes a new speaker of the house leader kevin mccarthy is a republican and senator majority leader chuck sumer now coin this coin des did an incredible job of listing who has returned the money and who has returned the money and who has not returned the money, right? And the vast majority of these politicians

have not returned the money, including the current House speaker, Kevin McCarthy. Kevin McCarthy, there he is. He has not responded about returning the money. Now, why am I talking about all this, right? Because you have a tornado cash developer who has stayed in jail without bail. You have Ross Ulbert, who's serving two life sentences

you have Julian Assange who's currently trying to be extradited back to the United States and most likely he end up, he will be and he will serve a very long sentence. You have SBF, right, that has stolen billions of dollars from individuals, destroyed people's lives,

and he's been out free. And what they told the media is that it was a $250 million bond, but only, it was overstated, The only collateral that was posted was a $4 million house. So SBF is roaming free while all these gentlemen, Julian Assange, Ross Albridge, and an open source software developer are in jail without bail.

And then you have to ask yourself, like, why do you think that is? Here's why. Because he donated to one in three members of Congress. Jesus Christ. Like, when I see this, it. It just further proves the point that crypto is fiat on steroids, right? Like, like fiat is the elites can print money. Crypto is everyone can print money and look what happens when they can.

You can just buy anyone. And Bitcoin is no one can print money. You have to put in work. you know the issuance you can't fuck with it but in instances like this people can just become their own printing presses if you're well connected enough

or you can you can wash trade your own token into having value and then buy a fucking bank to give yourself a loan the most fiat shit I've ever heard and then purchase a third of Congress it's unbelievable

like this shit can't die soon enough yeah yeah dude it's i just it bro it's this this is proof of stake this is proof of stake you want to know what a proof of stake uh a society on a proof of stake system would be this is it right people that have the most at stake they manipulate the rules remember in 2008 right the birth of of bitcoin no bankers went to jail yeah no bankers went to jail and then open source developers, Ross, you know, you could make the argument, right? Okay, you know, Nico, he was selling drugs. That doesn't justify two life sentences in prison in a maximum security prison. It's not just prison. It's maximum security with terrorists that are housed with him. And Julian Assange, which in my opinion is the biggest example of, of misjustice,

he was just reporting the news. Yeah. That's all he was doing. How, there's investigative journalism. That's the whole precedent of investigative journalism. That's why in the United States, you know, there's freedom of speech or there's freedom of the pet. Like, that's the whole point. It's to hold these powerful people accountable, right? But man, it's just, bro, it's absolutely disgusting.

I mean, this is what it's about. This is what the Bitcoin Revolution is all about. And I think this is what we hope will, you know, will change. Anyways, I think this is a big warning as to why. you should consistently watch BTC sessions tutorials to learn how to take self-custody and not leave your private keys on a password manager okay bad idea um so last pass hackers stole customer vault data and cloud storage breach data vulnerable to master password brute force sensitive customer info also taken customer account information related related metadata included company names and end username billing addresses

email addresses, telephone numbers, and IP addresses were also exposed. I mean, doesn't this defeat the whole purpose of a password manager? Anyway. It's pretty scary. Like, again, it's the perfect example. And actually, when Matt, Matt Hill from Star 9 was on for the Christmas special, and I gave like a call to action, it was him, Seed Siner and John over at Future Bit. But I gave them all like, hey, give a call to action of like next step for claiming yourself sovereignty.

And Matt's was, hey, like, you know, there's probably a lot of Bitcoin is watching this to have their note and everything. He's like the next step outside of like having Bitcoin and, you know, taking self sovereignty over your, the fruits of your labor is a next step. Run a password manager yourself, like natively. on your own server. So Bit Warden and then the app on the every node implementation, Vault Warden is like that's

low hanging fruit. You can do that. Take a little bit of time. Start transferring things over. Start learning how that works. And then it's not a honeypot. 100%. 100. 100, man. And, you know, it's sad.

Apparently it wasn't all passwords by the way, guys, just to be specific on that. But the weaker passwords apparently were vulnerable to brute force attack. And man, it's, dude. Yeah. And you could imagine a lot of people were storing their seed phrases on this. You know, I know I did that. When I first got into the industry, like I was putting my 24 words in a password

manager, like way long ago, like right when I got in. You know, after the fact that I realized that was a terrible idea, you know, thankfully nothing ever happened to me but you know this is this is a another good example of you know don't use a hot wallet uh use cold storage right and if you don't know how to do that check out ben's videos there's so many of them on everything there are a few um so uh but yeah man um yeah sound advice i think that's that's the the way to go to start again, start claiming your digital sovereignty. It doesn't stop at Bitcoin, right?

Much more you can do. 100%. 100%, my friend. Awesome. Well, dude, I think that probably rounds it out for us. That was fantastic. Thanks for coming on and filling this in and what's been going on. And yeah, I appreciate you, man.

When am I going to see you next? What are you going to? And then like this year? What am I going to this year? Unconfuscatable, Bitblock boom, Miami Conference and Pacific Bitcoin. I'm not doing anymore. That's it. You're smartly limiting yourself. I'm already, I'm already saying yes to far too many things. Oh no, I lied. I have to go to Bitcoin Day tomorrow. I have to drive like four hours. Yeah. Yeah. Oh, no. Well, I will be seeing you in Miami.

I definitely will go back to Pacific. And then, you know, unconfiscated. Well, that's Vegas, right? Yes, it is. Is that December? In December, December. I mean, that's not too bad of a trip. I'll see about that one.

There's like a million other things between then, too. Oh, God, I'm barely going to be home. I have to have to pace or so. Last year I made the catastrophic mistake that I said yes to everything. And it was like I couldn't get over the finish line at the end. It was a disaster. Dude, there's a couple long haul ones where it's like I've got people being like, oh, you should come to this.

And like maybe we'll see if we can make it happen. And I'm looking. I'm like, oh, I want to go there. And then I'm like, do I though? Because that's that could be like double digit hours on a plane. deep way like oh man yeah but uh see you soon dude see you see you in miami hopefully i'll have a tip by then and then you know we can do her thing it will have we'll have we'll have some sort of a a ceremony for it oh i'm totally getting that on video it's gonna be epic awesome i love it

all right man well uh thanks again we'll be seeing you soon everybody go subscribe go subscribe to simply bitcoin thanks ben all right everybody this was your simply sessions. All right. All right, everybody. A couple things before we round out here. First, guys, I'm very excited and very humbled because I hit a bit of a milestone this week, which again, like, it is what it is.

I know some people will be like, whatever, it's social media. But it still was a big deal to me. 100,000 people follow me on Twitter now, which is kind of like a it's like a what the fuck number. That's a lot of people. So yeah, so everybody that does follow me on Twitter. Thanks. Thanks for being part of the learning journey. And yeah, I don't know.

Like I look at that and I think back to like starting the change. channel in 2016 and seeing like I remember crossing the threshold of like a hundred subscribers and being like wow holy shit and getting my first comments on videos

and people starting to be like oh wow you know this helped me do whatever or like asking questions and things like that yeah it's been wild I can't believe it's grown this much. And like even YouTube itself, obviously like it's a lot easier to follow somebody on

Twitter, but even YouTube, like it's getting up towards 75,000 people following. And the number of views that have been across the channel is like 7.3 million, which is a mind-blowing number. So a huge thank you to everybody that's been watching and has been kind of following along in the journey and learning with me. So again, I really, really do appreciate it. While I'm on here, I guess I'll let you know a couple of the videos that I was very happy to drop in the past couple weeks that may be of value to you if you're looking to learn even more.

So the one that I was pretty happy about was last week. I dropped a video on how to use Join Market, which is on Start 9, the embassy, but it's also on Umbrol and Raspy Blitz, and I think on Citadel. And there might be another one I'm missing. Anyways, it's on a whole bunch of the different node implementation. It's just an app that you get from your app store or marketplace.

And you can do coin join. And there's no central entity or company that can be shut down. It's a free and open source protocol, and anybody can build upon it. And this app called the Jam app just builds on top of Join Market. So yeah, go check that out. Super awesome. It was a lot of fun.

It was actually much easier to use than I had imagined. The one that I dropped this week, which I was, it's still like a new thing, but I feel like I was sleeping on it for far too long. And it's not necessarily fully Bitcoin related, but it kind of is, in my opinion. Noster, so a decentralized social protocol layer. So we've got our decentralized monetary layer, but we all know that every social platform is beholden to the powers that be. And if they don't like what you say, then, you know, whoever those powers may be,

they can quietly in the background, you know, demonetize you. They can, you know, delete your post. They can cancel your entire existence off of the internet very, very swiftly if you say a few things that, you know, people running those companies don't believe or don't like. Well, Noster seems to be a solution to that. And it's definitely grabbed the attention of Jack Dorsey, the creator of Twitter. He's pretty candid about where and how Twitter failed. and he seems to be pretty much going balls deep in Noster. He's donating a bunch of capital to try and get developers to develop a whole bunch of things.

He dropped. He said that he wants to donate, I think it was 12, no, sorry, 1.2 Bitcoin to somebody that can develop a Noster-based alternative to GitHub. He just tweeted that out today. And sorry, put it out on Noster. I don't even know what I keep on saying tweeted. But anyways, check it out. I did a full tutorial on how you can set up and use Noster. It's super interesting.

Crazy. I don't know what that sound was. But anyways, yeah, I definitely think it's worth checking out. Even just for curiosity, it's very early. There's a lot of stuff still kind of working, being worked on. But it's evolving quickly. And I, you know, there's been many times I've seen people go, oh, we're going to jump off of Twitter and go somewhere else. Or, you know, we're not going to use this platform anymore.

We're going to go here. But all of them were just trading in different rulers. This is not that. This is the first time I've seen something where I'm like, that actually is different, like, tangibly different. And it solves the issues. doesn't just shift the power to somebody on the opposite side of the political spectrum. So I think it's, oh yeah, and I see in the comments here from CJ. It's also on my note.

That's the one that I was forgetting. So, yeah, check it out. And the interesting thing about it, because it's like an open protocol, it lends itself to, well, number one, they didn't need a fucking token to build it, right? You don't need a token to make something decentralized and censorship resistant. So it lends itself to integration with Bitcoin. So already, like you can put up lightning invoices and there's native lightning tipping and a bunch of the clients and everything. It's pretty awesome.

So check out the video. Let me know what you think. I think it's pretty awesome. I'm very interested to see how this progresses. But I've now started kind of posting, like I even posted this show on Nostor, not like live, but I posted the link there. So yeah, yeah. And hit me up. BTC Sessions at Nosterplebs.com is how you can look me up if you're going to follow me.

And besides that, tomorrow, why are we bullish? We're back. We've got Joe Consorti, Texas Slim from the Beefman Initiative, and Max Gagliardi. We're going to be hitting it live at 6 p.m. Eastern time. So don't miss that one. In fact, you can jump over and hit notifications on it. Drop an early like, if you so please. And that's about it, guys.

I'm going to round it out. Thank you so much for watching. Like, subscribe, share that helps to show a ton. You can hit up the previously mentioned sponsors down below. Coin Kite, Start 9, Hottle, Hottle, and Privacy Pros. And hey, if you're looking for a little bit more handholding on whatever it may be, self-custody, privacy, really anything, multi-sig, all that kind of stuff. You can hit me up at BTCSessions.ca for private 101 sessions.

And finally, if you really liked what you saw, you can always drop me a Bitcoin tip at my strike page. strike.me slash BTC sessions. Head there. You don't need strike to use it. Type in any amount you want. Hit the tip button. You'll see a lightning invoice or if you tap to the right, a regular Bitcoin QR code. With that, I am out. Have yourselves a wonderful

day or evening. I'll see you guys next time for your daily session.