BTC Sessions - SHOCKING: Incumbents CONSPIRE Against Pro-Bitcoin Candidate Milei! 😡 ep369

Episode Date: October 20, 2023

Prepare for an exhilarating rollercoaster through the latest Bitcoin headlines in this explosive video! First, we unveil how CoinTelegraph's shocking blunder falsely reported a Bitcoin ETF approval, sending shockwaves through the crypto community. Then, dive into the financial giant BlackRock's jaw-dropping declaration, branding Bitcoin as the ultimate 'flight to quality.' You won't want to miss Cathie Wood's bold prediction, foreseeing Bitcoin's value soaring to an astounding $1.48 million. But hold onto your seats as we expose The New York Times' relentless anti-Bitcoin bias, dissecting their latest wave of cryptocurrency propaganda. Brace yourself for a whirlwind of truths, deceptions, and the ever-evolving Bitcoin saga! 💪 SUPPORT THE SHOW: Nunchuk Wallet and their Honey Badger plan is a best in class assisted mutisig setup with built-in inheritance planning and NO KYC. Check them out today! https://nunchuk.io/ SEEDOR is one of the most robust metal backups on the market today. Get your SEEDOR starter set today! Use this link for 5% off. https://www.seedor.io/discount/BTCSESSIONS?redirect=%2Fcollections%2Fprodukte For US based customers: https://a.co/d/1DkbfV2 Canadian customers: https://link.thecryptoboutique.ca/BTCSessionsSeedor 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 Server Lite,One or Pro today and become truly self-sovereign! https://start9.com/ 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 HodlHodl is a NON-CUSTODIAL, NON-KYC solution to stack sats peer to peer! Buy and sell Bitcoin while maintaining privacy. Sign up and try it out today! https://hodlhodl.com/join/BTCSESSION 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/ Been watching the show for a while? Like what you see? Help me cover my video costs by sending some sats over on my Geyser Fund page! https://geyser.fund/project/btcsessions

What is going on, everybody? Welcome to the show. Another Thursday, another episode of Simpley Sessions. And I'm rocking the new mic today. And I've got to give a hats off to my partner in crime here who's going to be on in a moment. But this was a gift from the Nico of Simply Bitcoin. He's going to be in here in a second. We're going to be talking news.

But I like it. I like the crispy, bassy. I barely have to do anything. and it's just like booming base. I feel like Preston Pish over here. Anyways, very excited. We got plenty to talk about, you know, there's the whole debacle around fake ETF news. We got Javier Malay having interesting roadblocks in his campaign.

We've got a whole bunch of stuff going on. Nico's going to fill us in. Of course, this is live. Anything can happen. So I defer to my friend Bill here. We'll do it live. Okay. We'll do it live.

Do it live. I'll write it and we'll do it live. The thing sucks. Yeah. If you have not already, please do hit like, subscribe, share. That little like button is just below in the screen right here. Just tap that, smash it, share it, all that good stuff. That really helps the show.

Get it in front of more eyeballs. I am Ben with the BTC sessions. This is your Simply session. Before we bring in, Nico, let's take a look at where we are in the market right now. This is timechain calendar.com. We're sitting at $28,653 per coin. A single U.S. dollar will pick you up $3,490 sats. In terms of fees, it's looking like next block 16 sats per byte, any time for sats and anything below around 1.7 sats per byte is getting herged from the mempool.

So be aware. And in terms of Bitcoin mine, 19.52 million of them. That's 92.95% of the total supply. Shout out to sponsor the show, hoddlehottle.com. If you're buying Bitcoin and you want to prioritize peer-to-peer trading, instant self-custy and no KYC, this is the place to go. You can sign up with nothing more than an email address. Once you're logged in, choose a currency, payment method, and amount. Start viewing offers immediately and stack a non-KYC sats.

Links are down below. course, when you stack those non-KYC sats, you're going to want to secure them with some of the best hardware on the market. Coin Kite is killing it. I love my cold card Mark 4. It's my go-to hardware of choice. I've got all their other goodies, tap signers, sats cards, block clocks, open dimes, all of it. And I've pre-ordered the cold card Q1 and the SATs link. I'll be chatting about that later on in the show too. And if you want any of that, head over to coincite.com. Use code BTC sessions for 5% off everything in the store. Backups are also important. Cidors. has you covered in that department.

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Links are down below based on location for the best shipping options for you. Nunchuk has you covered with multi-sig, namely assisted multi-sig. They've got their Honey Badger program. What is it? Well, you sign on with your mobile device. You can set up a multi-sig with tap signers, cold cards, and a ton of other hardware options. They'll hold one key. You hold three.

And then once you're in there, you've got an assisted multi-sig with built-in inheritance planning. Your stats will get to your next. of kin, if anything should happen to you. And the whole thing is no K-YC. So check them out. Nunchuk.io. I've got a full tutorial if it tickles your fancy. And finally, shout it to start nine, your sovereign computing solution. These guys offer plug and play solutions for hosting your Bitcoin stack and your personal data. So what can you run? Bitcoin Core, Lightning, Mempool. Dot space, join market. You can host files, passwords, photos, nostrilase, nostrilis, nostril clients, all of this. They've got everything from entry level up to what I'm running, which is the server

Pure, which they also just dropped the price on by $200. And on top of that, I now have a code, all caps, BTC sessions with a plus sign at the end, and that'll drop it another 18%. So that drops it close to $400 all around. So if you're looking for early Christmas gifts, check out start nine.com. Anyways, with that, enough my rambling. Let's get our good buddy in here. Thanks for the beautiful mic man.

It sounds so crispy. Bro, you do sound delicious, I might add. But yeah, dude, so I don't know if you remember this, but you originally, I asked you what camera I should get when I started simply because I was using a webcam initially. And you told me the A6. like the 6300 Sony. And I was like, at that time, like I had this very small following.

I was like bugging you in the DMs. I'm like, bro, how do you set this up? How do you set this up? So, oops. I never forgot that. And, you know, so I was like, as the least I can do. So good. I'm glad.

And you were here in studio back a few months ago. And so it was kind of cool. But now we'll be able to have my extra mics and stuff next time you're in town. We can just queue it up and sound super, super professional. Super, super crisp. Yes. But, but yeah, dude, the, the simply session is just, we keep, we keep leveling up, man. I don't know.

This is crazy. It's crazy. I love it. Well, dude. Well, let's, let's dive into it. What's been going on in your world? What's going on in Bitcoin? What's top of the top of mind lately?

So the Opti's ex-girlfriend, Christine Lagarde. Such a box. I know. I don't know what Opti did to her to break her heart. But, you know, something happened there. And actually, you know, it was just discovered that there were, according to the Bitcoin bugle, which is a very reliable information source. So reputable. No fake news.

No fake news whatsoever. There's leak messages between Opti and Lagarde show plot to convince bitcoins about CBDCs. So very, very disappointed in Opti. Okay, bad dad joke. I'm becoming a dad. So I have to make the dad jokes in all seriousness. This is not a joke. Like, this looks like a joke, but it's totally not a joke.

This is Christine Lagarde, basically putting her foot down. And she's basically saying that, look, fiat currencies are the future. Central bank digital currencies are the future. This is a tweet that she released. This is real. Like I'm seeing this and I'm like this is insanity But she goes on to say the euro is key To our European unity

A digital euro existing alongside cash Would future proof our currency That's a very interesting statement Ben Because she wants to reiterate that we're not getting rid of cash You know the cash is still going to exist You know don't don't get scared Yeah It would be safe and easy to use and free of charge

Hmm While the decision whether to issue a digital euro will be taken later, we're now launching the preparation phase. So let's see what she has to say. The digital euro is on the move. Yesterday, the governing council of the ECB approved the opening of the preparation phase. It will be a journey, and we will walk the journey together with the legislator. All European institutions will be involved to make sure that Europe,

is equipped with the currency of the future. Cash is here to stay. You will have all options, cash and digital cash. So what does it mean for you? For consumers, it would be free and easy to use everywhere in the euro area. All of that, of course, is subject to the legislative process.

Cash or digital? or digital, the choice will be yours. You, Euro, your choice. That's so ominous. Like it's- Holy shit, bro. It's like, again, 1984, like the big screen and,

oh, man. I didn't watch that to like, fucking watch it live with you. I'm sorry, I'm cursing. Watch it, watch it live with you. That is absolutely terrifying. Your euro, your choice. Yeah.

You will have two choices. Yeah. A CBDC or cash. What about Bitcoin? It's not mentioned, right? No, you can't use that. Not a choice. Not a choice.

David wrong. I think David wrong has it right. Guarantee you will have no options in the future. 100%. 100%. Holy cow. That is the most dystopian. That was.

This is our generations. temporary suspension of the gold standard, right? This is the similar, like, blatant lie shoved in our faces. You will always have the choice between cash and digital cash, as if they're the same thing and afford the same privacy and usability. Dude, I didn't think it was that bad. It was really bad, bro. And I'm surprised how many, there's a thousand.

Can I curse again? Yeah, you can say whatever the fun. you want. There's a thousand three hundred and eighty seven dumb motherfuckers that like that. Wow. Those are just like the the central bankers and statesmen. They're like, bro, hot new tweet. Everybody go like it. We're going to boost this. Dude, wow. Okay. Opti, like Opti just let me down a hundred times more. Holy cow. Okay. Okay. And other news. And other news.

Okay, so I tweeted this out November 28, 2022. And it's something that, you know, I felt was a bottleneck that was incredibly obvious. Ben, you're using an Android is actually making me want to buy an Android because of how much Apple just like, you know, protects their walled garden, so to speak. And I said, I'm like, look, this is totally going to be leveraged. Like, look at Christine's wording there, right? She's making it seem like, no, you're going to have a choice. You're going to whatever, but she's also making you know, letting you know that you're not going to have a choice.

Like, it's like you're going to have a choice, but it's not going to be a choice, right? She's conveying that message. And basically, I came to the conclusion. I'm like, you see how easily Apple can de-platform Twitter? Governments will pressure Apple to do the same with Bitcoin wallets. Pay attention. Fast forward. It's not Bitcoin wallets per se, but check this out.

Apple bows to China starts enforcing app store regulations in the country. Quote, China announced its new app laws in August 2023, saying that developers must be either based in the country or partnered with one that is. There are then the privacy issues where users' personal data is held, but the law primarily gives the Chinese government total control over what apps can be sold in its country. quote, Apple resisted the law change to the point of reportedly having staff meet with Chinese officials to object to it. Even following this, Apple still held out despite Chinese protests. According to Reuters, however, Apple has now begun complying.

As of Friday, September 29, 2023, Apple has required developers to submit their internet content provider filing when submitting new apps. China has allowed a grace period for developers to comply, but for new apps, that ended in September 2023 existing apps have until March 2024 bro like if this isn't incredibly obvious where this is going you're still asleep yeah yeah it's again um centralized app stores are again single singular points of failure right you're you have an apple phone you're only allowed to you know grab crap off off the apple store unless you figure out out how to jail break your phone. Most people will not be able to do that and thus be subject to whatever's in front of them.

And the funny thing is most people won't notice. Most people will just be like, this is what's in the app store. Cool. I'll just use these apps, not having the context of, oh, this is pre-approved by the government. And that's what they'll be seeing in China. But I mean, even Android users, technically speaking, aren't fully immune to the this because what do most people use the Google Play Store, right? And so your average user is just going to be like, this is what's in the Play Store. But at least on Android, you very easily have the

option of being like, oh, I can download, for those unfamiliar, you can download an APK file, which is just like an app. And when you download it from the internet and then you open the file, we'll say, do you want to install this app? And you just install it. And you can also download alternative app stores that are effectively, they'll host everything that would be in a regular app store plus others that aren't allowed to be there. And that happened to, I believe, samurai wallet for a while, they got booted because they had some stealth feature or something like that. And so you were allowed to get it through alternative app stores. But like Apple, because they previously did ban Bitcoin Wallace, they got rid of all of them. And that was in 2014,

2015. A lot of people, like, that was when I switched to Android. I haven't been back. I have a Mac computer, but a computer is different. Like, you can go and you use it as you see fit for now. For now, exactly, for now. But who knows? Who knows, right? So yeah, we need to get away from centralized app stores. You need to at least become familiar with how do I get an app on my phone if somebody doesn't want me to have it? Dude, okay. And 100%, 100%. And shame on Apple, too, because They're so, they, they, according to them, they're, the whole privacy-centric and they believe, you know, they tout that part that they believe in privacy and all that stuff. Yeah, yeah. This is a get away from anything.

It's, it's central. If it's centralized, it will inevitably be co-opted by governments. I think that's just the, the conclusion from all this. Anyways, moving on to the debacle that happens. I don't have the original tweet because they deleted it. But essentially, on Monday, Coin Telegraph reported that BlackRock, I Share spot Bitcoin ETF was approved. Clickly thereafter, the reporter that was going to interview Larry Fink, who's the CEO and chairman of BlackRock, confirmed to her. Her name is Eleanor Tourette.

BlackRock has just confirmed to me that this is false. Their application is still under review. And take a look at the apology, which says, we apologize for a tweet that led to the dissemination of inaccurate information regarding the BlackRock Bitcoin ETF. But Dylan LeClair has a great point, right? You could have just deleted it and claimed to have been hacked, which begs the question, what was the price tag for such a tweet?

A billion got wiped out of Bitcoin open interest alone. such a headline was extremely profitable for anyone who knew in advance it was fake, both on the upside and the retrace, which is 100% spot on. Now here's their official apology letter, which is interesting to say the least. They both first go on to say they're incredibly grateful 10 years, blah, blah, blah, blah, blah. And then it went on to say earlier today during routine coverage,

Coin Telegraph's social media team posted a message on X without prior editorial approval stating that the United States Securities and Exchange Commission has approved BlackRock's I-Share, Spot Bitcoin Exchange, Traded Fund or ETF. This was false, the result of misinformation. The news led originated from an unconfirmed screenshot posted by an ex-user who claimed it was from the Bloomberg Terminal. Coin Telegraph did not ultimately publish an article with this incorrect information, but we deeply regret posting this an error on X and the impact it has caused. So I'm sorry if I wiped you out. I apologize. Now check this out. This isn't X. This is telegram, right? So they were sourcing this information from telegram and now take a look at how

convenient this is. This is the user that supposedly broke the news. They conveniently deleted their account. So like what did like just just put one in like one and two together like what Dylan was saying is extremely true. This was extremely profitable if you knew beforehand and afterwards. And they're just saying we apologize. It came from a telegram account that is conveniently deleted. We're sorry. Right. Like I don't know, bro. I kind of. I kind of. I just don't believe it, to be honest with you. It's definitely incentive there, right? The incentives are huge.

And again, a lot of people got wiped out in a short amount of time. Again, if anybody was privy to that information, then, and I mean, it's wild to me that it got posed. Also, I like that the article there, they're like, you know, it could have been worse, basically. So what they're saying, they're like, we could have made an article. about it, but we didn't pat on the back to myself. But we're still sad about the tweet. And it got left for so long.

The best was the edit to it where it was like, ETF approved. And then like, this tweet has been edited, comma, reportedly. And then the chat, it says them like, from now on, say reportedly if you don't know the source. And then like the comments below the reportedly thing, we're like, bro, You reported it. Oh, man.

I feel, okay, so one thing I'll say is I feel bad for Joe, like Joe Hall, who works there. Yeah, he's like getting eaten alive. Yeah, like he's the best person there. I gave him a poke, like, just like ingest. But I know that like it was obviously stressful as hell for a lot of people that he works with. Rightfully so. because holy shit what a mistake um but yeah the other thing the other thing about it is is like just in minutes bitcoin jumps three grand on like unsubstantiated fake news uh and then so like

when the real shit hits you'll see that that and much more uh but also you know obviously that's a double-edged sword yeah bro people you could tell there's so much and larry fink actually said this in an interview there's so much interest sitting on the sidelines yeah that like you know like people are just like waiting for this thing um but yeah i feel bad for joe uh like holy cow um also understanding bitcoin if you're trading news you deserve to get wrecked Yeah, true. Spot on. Just stack your stats, ignore the news.

You already know what's up with the Bitcoin. You already know the true value of it. Just stack and ignore. You know, it's fun to talk about this shit, but like us talking about this isn't affecting the way that we're stacking, right? Yep, exactly. Yeah, dude, just stay humble, stack stats and stay solvent. That's literally, it's an easy, easy formula.

All right. In other news, moving on to Argentina, this weekend, It's going to be a very, very consequential election. An outsider, outside of the mainstream political parties in Argentina, due to the more than 100% inflation to the country is currently enduring. People are, they want to try an alternative. Then that's very similar, by the way, of how Naim Buckele won. And literally the name of Naim Buckele's party is called Nuevas Ideas,

which literally stands for new ideas. people are sick and tired of the traditional left wing and right wing party in Argentina. So they fell in love with this libertarian candidate. And I'll be honest with you, a lot of this stuff that he said in videos, like, holy cow. He's like, he's like ending the central bank, ending all the government, you know, ministries. Like, you know, like it's some crazy rhetoric. But people are suffering. People are desperate.

And they're buying into, you know, what this guy is saying. He is an Austrian economist. He's a libertarian. And he's a fan of Bitcoin, right? And Argentina is a lot bigger country. It's a G20 country, I believe, than El Salvador. So if this guy gets in power, it's pretty good news for Bitcoin. And I got to say, the legacy media's reaction to him, right, is a pretty good indication that the man is over the target.

And he's currently leading the polls. So this guy has actually like a really good chance, if not the chance to win the Argentinian presidency, which is absolutely nuts. Anyways. Now let's see what they're trying to do to stop him because they're sabotaging him left and right. So there's a Wall Street Journal article. And here is the current part of the current ruling government. They got rid of the income tax altogether. You heard that right.

the income tax. They just got rid of it conveniently about a month or a couple weeks before the election. Literally, read my lips as candidate for president. No taxes at all. And conveniently, he is part of the ruling party. And that begs the question, right? And Jimmy Song actually, you know, summarized it perfectly. He says, so Argentina has abolished the income tax ahead of its presidential election.

in a last ditch attempt to defeat the libertarian candidate who's leading in the polls. This proves, one, they're printing money. They really don't need to tax you explicitly. Number two, that inflation itself is a stealth tax that can be imposed without any legislation or transparency. The mechanics of money are going to become way more obvious to people going forward. Here's another take from Samsung Mao. The current Argentinian government's ploy to abolish income tax and prevent Malay from being

elected president just accelerates the failure of the legacy system. If they could abolish it in an instant, they can reinstate it in an instant. I hope the people of Argentina see through it. Now, this brings me to the last point. They're so desperate. Not only are they literally eliminating income tax, right? Conveniently a month before the election, if they say, if you vote for me, no taxes for you, they're also using lawfare. They literally charged him with the crime. And when I read you what they charged him with, it's insane. Prosecutor files a case against Argentina's frontrunner, Javier Mali, days before presidential election. Now, let's read what the crime is about.

A prosecutor launched a criminal case Friday against Argentina's frontrunner in this month's presidential elections. Accusing Javier Mali of deliberately causing a drop in the Argentine currency when he encouraged citizens not to save in pesos. I don't think he needed to test. them not to do that though. Why is he so popular? Probably because of the shit that he's saying. And they're like, no, don't say that because it's causing the currency to drop. It has nothing to do with the money per day.

Like, bro, like, you can't make that up if you wanted to. I like, it's like, it's like, again, the fact that they've abolished income tax, Jimmy Song is completely right. They abolish income tax because they don't need it. because they are extracting wealth through monetary debasement, right? Like, you know, they're taking purchasing power away from people through that mechanism. And it proves that by them abolishing it because the next question is going to be, everybody's going to be like, well, wait, how do they have money to pay for things?

Oh, they printed it. Also, I still can't save. no matter how much I save, it doesn't seem to work. It's almost as if my currency isn't worth shit. And then they villainize the frontrunner for pointing out that it is a tax, for pointing out that they're extracting wealth from people. So, yeah, I don't know what else to say, but it's very obvious that they don't. don't like his message,

they know that it takes away their power. 100%. 100%. And that's what it's about. Like, they don't actually believe what the fuck they're charging him. It is so, it actually like it, it's like the charges themselves, it's like a Freudian slip.

Like, like they're revealing. It's so absolutely insane. What, what total client, like they don't call a clown world for no reason. Anyways, speaking of,

I wouldn't call this lawfare, but I would call. all this more information warfare. You know, the New York Times. We all love the New York Times. You know, there's the same New York Times that released the propaganda hit piece. That Walker America did such a great job, you know, starting the Twitter movement, stop the presses.

And they released an article called The Real World Cost of the Digital Race for Bitcoin. Yeah. And that article says Bitcoin mines cash, Bitcoin mines cash in on electricity by devouring it, selling it, and even turning it off. They cause immense pollution. In many cases, the public pays the price. So the rhetoric is very, very precise. It's trying to paint a picture.

And Bitcoin is actually discovered because this is a part of Texas where there's always clear skies. That they actually doctored this image to make it seem hazy and polluted, right? And then again, This idea, right, that Bitcoin causes immense pollution. I love the video by Perea Rashard, where he literally put a meter behind the A6, and it showed that Bitcoin miners don't release any CO2. Electricity production releases CO2.

But you know what also uses electricity? Video games, washing machines, toasters. So why is it that they're focusing on Bitcoin? coin mining itself. Well, I think it's the same reason that they're going after Javier Mali, right? It's a threat to the status quo. Remember the video of Christine Lagarde in the very beginning of the SimplySession show. You will have a choice.

They're trying to get rid of one of those choices. That's the whole point of this. So, okay, so why am I talking about this? This is old news. This is another article from the New York Times, right? Senators want to know if Russia can skirt, if senators want to know if Russia can use cryptocurrencies to skirt sanctions, right? Now, this brings me to the latest article, and it is just as absurd as the previous one. Across U.S., Chinese Bitcoin mines draw national security threat.

Microsoft reported one site in Wyoming because of the last. of its proximity to a data center and nuclear missile base. Records show other cryptocurrency facilities have tied to the Chinese state. That's right, ladies and gentlemen. Bitcoin mining is a threat to America's

nuclear arsenal. That's like you can't make this shit up if you fucking tried, bro. I know I'm cursing a lot this show, but this is absurd. This is insanity. Okay, so let's take a look at the rhetoric because it's actually pretty funny.

When a company with Chinese origins broke ground last year on a crypto mining operation in Wyoming, a team at Microsoft that assesses national security threats sounded the alarm. Not only was the site next door to a Microsoft data center that supported the Pentagon, it was about a mile away from an Air Force base that controlled nuclear-armed intercontinental ballistic missiles. Look, guys, the fact that they put threat, national security threat, mining operation, nuclear-armed intercontinental ballistic missiles in the first two paragraphs tells you exactly what they're trying to do with the fucking framing. They're trying to scare the living shit out of the uninformed, right?

And they're trying to plant little ideas and seeds so that when you read this article, you know, and you go to your Thanksgiving dinner, you're like, listen, Bitcoin is a threat because it might compromise America's, nuclear armed capability. Like, it is so absurd what they're trying to do, bro. Maybe I'm seeing things, but hey, look, New York Times does not have a good history of being pro-Bitcoin, I would say. They're running out of like even quasi-credible flood.

Now they're just like, they're going to get our nukes. They're just running out of everything. Did you imagine Pierre Richard making a video of rebuking this? Yeah. Him like with like something to measure like signals and everything. It doesn't seem to be any signals outside of this nuclear facility.

Bro, could you imagine him just taking an ASIC like right in front of like a U.S. military base and just like plugging in? I've wired into it. It doesn't seem to be taking control of these new things like I wanted. Oh man. Dude. But yeah, bro, you pointed it out.

Like, you pointed out, you hit the nail in the head. Like, they're running out of shit to say. Like, this is absurd. Like, this is so absurd. It's hilarious. And I hope, I hope that they do more of it because it'll become more ridiculous. And people will be like, what are you, what are you guys doing? Like, we know that this is both.

This is, these types of headlines are the, are the like, microwaves are going to give you tumors headlines. of today. 100%. 100%. And they're writing on the coattails of the New York Times legitimacy if they ever had it. But they're a hundred year old institution. They're called the paper of record, right?

They obviously have very high production value. Right. Like look at that. Like they have a drone shot, like moving image. Right. We got yellow in the house. And like, you know, they're using that to try to like convince people of things.

And then this reminds me of this article that I always reference called Don't Stop Drinking the Elites Kool-Aid by name Mukeley. He wrote it for Bitcoin magazine. It sounds like you almost said, don't stop believing. Oh, wait, hold on. He totally did say that. You didn't hear it? No.

You didn't hear that. I didn't hear him. Dude. Don't stop paying. He definitely said it. Definitely said it. So it brings me to this, it reminds me of this article by Naim Bukele. And then these articles by the New York Times really start to make sense, right?

And here is the most consequential lines of this entire paragraph. Because the most vocal detractors, the ones who are afraid and pressuring us to reverse our decision are the world's most powerful elites. And the people who work for a benefit from them. They used to own everything in a way they still do. media, the banks, the NGOs, international organizations, and almost all the governments and corporations in the world. And with that, of course, they also own the armies, the loans, the money supply, the credit ratings, the narrative, the propaganda, the factories, the food supply. They control international trade and international law. But their most powerful weapon is their

control of the truth. And they're willing to fight, lie, smear, destroy, censor, confiscate, print, and do whatever it takes to maintain and increase their control over the truth. and everything and any one. Okay, I'm going to do a quick montage of tabs, right? So we got this. Keep that in mind what I just said, right? And then we got this. And then we got this video from Christine Lagarde, right?

I hope I'm starting to paint a picture. We got eliminating the taxes. We got charging the frontrunner who wants to eliminate central. banks with the crime and then all of a sudden what naimbukele wrote about a year ago or so sounds like he really hit the nail on the head with this article for sure yeah it's it's again it's wild and i you know i was going to talk about something after after you wrapped up but um if you don't mind i'm going to bring it in here because i you know as our kind of tap out here i i i i

I think it's relevant to what we've been talking about. Let me just pull it up here for a second. One sec. So have you heard of, what is it called? Have you heard of NewsGuard? I have heard of NewsGuard, yeah. Yeah. Okay, so this is interesting.

One second here. I'll bring it up. Where is it? There it is. So this was shared out earlier. Mike Benz tweeted out. Elon, for your peripheral vision, Jimmy Wales advises NewsGuard, which is knee-deep in a plot to get governments to bankrupt alternative news. NewsGuard worked with the EU on disinformation code.

Its business model has disinformation compliance services with censorship laws it promotes. And so, again, opinion, what I learned in my quest to fix America's social media problem, the underneath it says Congress is going to have force internet companies to use it, aka use NewsGuard. And then it says European Commission announces NewsGuard as new prospective signatory to the Code of Practice on disinformation. NewsGuard offers targeted services, free audits to help brands meet new GARM misinformation standards. And again, this is the co-founder of Wikipedia that's heading it up. But it sounds like, and I memed it, let's see who you really are, NewsGuard.

Ministry of Truth. But again, they want a ministry of truth. They want a centralized entity that they can go to and say, yo, this is true or this is not true. And everybody tow that line regardless. And we saw plenty of this over the last couple of years. There's going to be more of it to come. And people need to watch out for it because it's scary as hell. Don't offer this crap.

And again, this is why we have alternatives. This is why we have things like Nostra. This is why we have alternative media. And we need to make sure that we're resilient to platforms like YouTube, like X, like whatever other social media is out there, the traditional, We'll call it, I don't know, trad social or something like that. That type of stuff, you're going to start to see more and more blockades when it comes to information as they get more and more scared about losing power. 100%. This is, you know, bro, this was all talked about in the sovereign individual, right?

The rise of information technologies, the rise of the Internet, the disintermediation of information and money. I was going to empower individuals and then the balance of power would shift from the state to the individual. And I think that's what we're seeing right now. And the state that has been so used to the centralized power for so long, they're freaking out. They like they don't know what to do, right? So they're trying to like, you know, go. Oh, it's news guard. No, no, no.

It's legit. And then the meme like, you uncover it. No, it's the government the entire time. What's happening in Canada, bro, with the Instagram and stuff. Like, that's terrifying, man. Yeah. Yeah, again, it's under the guise of promoting and bolstering Canadian content, but they can very much get rid of Canadian content if they deem it not Canadian enough.

And there's been instances of this where they're like, you know, it might be a show or a podcast or something like that where they say, oh, yeah, sure, the, the, even if the lead person is Canadian, well. you know, the crew wasn't Canadian or whatever wasn't Canadian. And so they can kind of cherry pick and be like, not Canadian enough. We're not going to allow this to be front page kind of thing. So it can be used in very nefarious ways.

Of course. It's so crazy. Anyways, guys, this was your Simply session. Ben, it was an honor. I'll see you next week. Peace out, bro. Good to see you. Awesome.

And everybody, we got a few last things to round up here before we wrap up just some tech updates for you guys. Again, thanks Nico for being here. But I just am going to bring up my screen here. Before we round out, Coin Kite, their newest Bitcoin device. They can serve as a lightning wallet and a Noster client. So I was mentioning at the beginning of the show,

I pre-ordered this. It looks a lot like the cold card Q1 as coming. It's distinctly not. So effectively, at its core, SatSlink is a peer-to-peer hackable multi-purpose device. it features a secure element as typical of CoinCite products, allowing the user to securely store private keys within the device. While it shares the external design, the internals are totally different from the company's latest hardware wallet instead of focusing on AirGap security.

The Satslink aims to bring secure communications to the day-to-day in a way that few would have considered possible. So effectively, the initial target is developers and enthusiasts, but because it's consumer-friendly form factor, they will be able to start using anything the community creates. So that could be like hot and sovereign lightning wallets or Noster clients. And in terms of NOSTER clients, this thing can actually function as a relay. So you can relay messages on a mesh network established between peers that never actually hits the internet.

So you could have like your own kind of basically, local Noster network set on a mesh network with no internet and use Sats link as your secure storage for your Noster key and relay things there. Yeah, so anyways, wild. Super interesting. I'm curious to get my hands on it. Keep going. OpenSats announced this third wave of Noster grants. So openSats of obviously gifting and offering grants to developers in Bitcoin and in Noster, but they just just offered a wave to a whole bunch of different clients. Nozzle, blowwater, Noster, Nostrocket, snort, Zab dot stream, Algea, I think that's how you say it.

Nosterwatch, relay tools, nostri, on Nesndai. I'm not sure how to say that one, and X-Chat. So, congrats to all the people working on Nostra that just got some grants. Kudos. Moving on, really quick one here. Blue Wallet. It seems like they've been kind of in the background lately, but they just dropped a new feature,

Airdrop, multi-sig, cosigner. So in Blue Wallet, if you're unfamiliar, you can set up a multi-sig natively on mobile. But now you can actually just airdrop the public key that is going to be another part of the quorum without having to do all this back-and-forth files and stuff like that. You can just do it directly on the device with an airdrop. I haven't tried it myself yet.

But yeah, anything that makes relaying that information simpler between users or between devices, I'm all for it. So hopefully I'll be able to do a video on that soon. Moving on. Okay, I waffled over whether I was going to cover this one, but what the hell? Wasabi Wallet announces CoinJoint API for enterprises. Let's start with the disclaimer. Wasabi Wallet's default coordinator, ZK Snacks, has partnered with chain surveillance company

to scan all UTXOs and prevent any flagged UTXOs from entering its coin join rounds. Keep that in mind. Nonetheless, they've created an API for collaborative Bitcoin transactions that are accessible to anyone, including companies that want to add powerful and robust privacy features to their Bitcoin products, such as wallets, brokers, custodians, and more. I mean, caveat available to anyone, except unless your UTXOs get flagged. But nonetheless, I guess in general, having more coin join happening, even if it's pre-flagged and pre-chain surveilled, it will make other forms of coin join. It'll be like, where did that come from?

Who knows? Yeah, I don't know. I'm conflicted about this. Nonetheless, I guess we'll just not even comment on it. Let's keep going. Peach Bitcoin. So this is like a peer-to-peer app that you can update. Bitcoin with it's primarily in Europe, if I'm not mistaken.

But yeah, you can get peer-to-peer of sets, but they added the ability in the app because you actually have your own private keys in the app and then you can trade from there. But you can add a link to your own node, so you can verify things yourself. That's really cool. Kudos to Peach.

Lightning Labs, they just announced their first main net release of taproot assets, Assets, a protocol for assets on Bitcoin and Lightning with this release. Developers can issue financial assets on chain in a scalable manner. Today marks a new era of multi-asset Bitcoin. So, you know, stable coins, things like that. Securities, probably shit coins as well. Somebody's going to do shit coins, obviously.

But interesting. I'll have to play around with it. Again, it's very early. It's probably not super usable yet. You're probably going to need command line to even tinker with it. But nonetheless, if it's useful for some people, I could see it being useful in the in like, I don't know, maybe somebody wants to own stocks, but they want to be able to hold those stock certificates like completely on their own if that became a standard. But also, you got to allow. So you have to have people have that become a standard.

And that's, I mean, that's nowhere, anywhere near to happening. So I don't know. We'll see. We'll see how useful it is. I'll play around with it. I'll learn. I don't know if I have much more to say about that. I mean, you could already do this on liquid, I suppose.

But we'll see if it gets more traction on lightning. If it's a good idea, people will use it. If it's not, then they won't. Yeah, let's keep going. Okay, so this is interesting. X, Elon Musk announced that soon they are going to charge people $1 per year to ensure that they're not a bot. If you don't pay your $1 per year, then you will not be able to post on X. And while initially that might seem like an, okay, well, maybe that'll stop bot activity,

and maybe that's a good thing. Anita Posh here makes a very good point. Elon Musk is doing everything to kill Twitter. Millions of people won't be able to pay for this innovative spam protection, not because $1 a year is too much, simply because they have no way to pay. Zimbabwians, Iranians, everyone without ID, basically any person that doesn't have an approved way to pay will not be able to do this anymore, will not be able to use X. you're effectively saying, hey, do you have access to international banking?

No? No, well, you're not allowed on this social media platform. So that's super shitty. If they were to implement, hey, you can pay in Bitcoin. Hey, you can pay with lightning. Then that might undo some of that. But yeah, Anita has a very good point here. That's why we have Noster.

Let's keep going. Last couple things that I've been playing around with this week. Lightning Network Plus, I've done a video on this. You can do liquidity swaps and set up basically lightning channels with multiple people in a ring. But they also just added a new feature called liquidity pool, which I have been playing around with. This basically allows you to pay for credits to be able to receive inbound lightning channels. Or you can earn credits by opening outbound lightning channels to other people that gets you credits. and then that gives you the ability to receive

inbound lightning channels from others. So it's kind of like a, again, peer-to-peer type of thing, but you don't need to have everybody in a liquidity swap at the same time. I just tried it out the other day. Seemed relatively intuitive, worked well for me.

I'm going to play around with it, and then eventually I shall do a video. The other thing that I was playing around with in the realm of lightning was ambos. I've done some videos on things like magma there. Hydro is liquidity. automation. So basically you can link your node and then you can say, hey, I always, I always want to on a weekly basis, or daily or whenever, I want you to check my notes capacity.

If at any point my inbound capacity or whatever it may be is below a certain threshold, I want you to open up or basically purchase new channels for me to make sure that I always have inbound liquidity, which could be very, very useful for merchants that need to make sure they have inbound liquidity. So nonetheless, super cool. I tried that out as well. I'm going to be playing around with that. I'll let you know how it goes. I haven't dropped below my threshold yet. So we'll see what happens. Okay. And last thing, on the privacy front, so watcher guru tweeted out. U.S. Treasury Department calls to crack down on crypto mixers claiming they've used, they're used for money laundering by terrorists and criminals.

I retweeted and just said, privacy is not a crime. You deserve the ability not to have every person easily audit your net worth. If you agree, learn how to coin join, learn how to obtain Bitcoin without K.C and build out local circular economies. And I attached a playlist of various Bitcoin privacy tools that you can check out. If you don't like the idea that somebody's going to tell you that everyone should be able to see everything about all of your financial transactions, at all times and be totally transparent, then learn about Bitcoin privacy techniques. There's plenty to learn. Don't let perfection be the enemy of good, but start leveling up. And then when the time comes, you can use them or you can start using them now. But again, start

learning. If you're privy to this type of stuff and you know how to use it, then you're already in a much better position than many others out there. We already touched, on the watcher guru thing. Anyways, I also dropped, I also dropped a tutorial on Hoddle, Hoddle, Lend. So I've covered them for non-KYC sats before, but I made a video on the Lend platform, which is like peer-to-peer lending,

getting dollars without having to sell your Bitcoin. And it's non-KYC and there's no, there is, it's non-KYC and there is no re-hypothication. So you can always audit that your sats are there in the escrow. So you can check that out. And finally, tomorrow we have, Why Are We Bullish, C.J.K., Sir Ehrlich, Ulrich, sorry, and Dare to Dream the movie about El Salvador. One of the people from that team is going to be here as well.

It should be a good time. That's going to be at 6 p.m. Eastern time tomorrow. So make sure that you head over and see it. Anyways, guys, I'm going to start wrapping up here. Thank you so much for being here. Of course, like, subscribe, share. All those things are super, super important. They really do help the show.

You can also hit up the previously mentioned sponsors in the show notes down below. Those sponsors were Hodel, Hodel, Coin Kite, Cedore, Nunchuck, and Start 9. And finally, there's a QR code up on the screen right now. If you need some additional handholding through your Bitcoin journey, if you need somebody to help you through setting up wallets, it's privacy, hardware, whatever it is. You can scan that. That'll take you to a place where you can book one-on-ones with me

and I can help you through your setup. So if you're into that, scan that little QR code and you can set something up. Anyways, guys, with that, I am out. Have yourselves a wonderful day or evening. See you guys next time for your daily session.