So, I'm sure most people saw this, I don't even know what you'd call it, absolute debacle of an interview with Prof Jang yesterday. I didn't watch the whole thing, but when I was looking through the comments, it sounds like it was actually a pretty good interview, but when he started touching on Bitcoin and claiming that the CIA developed Bitcoin and he's asking where the servers are. I mean, it's you can be very smart in a lot of things, but that doesn't make you smart in everything. And Prof Jang, I would say is the furthest from smart in terms of Bitcoin. You can tell he has hardly spent any time studying this, learning about Bitcoin, but still he's talking to a massive audience about it. Like it's just it it doesn't make any sort of sense to me. And so, when stuff like that happens, you almost have to reflect and say, "Okay, what's the reason for this? Why why is this happening here?" It just it it's not it's not making sense in my head. So, you know, one of the things we actually made a video about this. The the interview came out yesterday, but we on Maple Bitcoin posted a video 8 days ago talking about Prof Jang because he had an older clip. I don't know when it was from, but it was an older clip and he was talking about Bitcoin and he had kind of the same points. He went further into it though. He's talking about the Winklevoss twins. He was talking about the servers. He was talking about a bunch of different things. And so, this is kind of the the conclusion we came up with that he was at the peak of Mount Stupid. So, he had uh he has very he's very low competence. He knows nothing, but he has very high confidence. And so, I would hope either he's he's very stupid or he's very smart. I don't know what it is. And it would make sense to me and kind of that's what the show is titled today is they can't stop Bitcoin, so they lie about it. And it would make total sense when you think about the incentives here. It's like when you hear about the people who are getting their bank accounts frozen and they're really surprised by it. Like think about it. I know I know it doesn't make sense. Like just from a from a human perspective is like, "I want to do this with my money. Why are you trying to stop me from buying Bitcoin? Why are you freezing my transactions? Why are you freezing my bank account because I own a Bitcoin related company? Why?" But when you think about it logically, Bitcoin is designed to wipe out the central bank system. Bitcoin is designed to wipe out centralized entities. That's his main job. It's a peer-to-peer network. Peer-to-peer means there's nobody in between there. There's no middleman. There's nobody taking a fee off of you. There's nobody earning a living off of extracting value from you. That's what Bitcoin is. So, of course, the bank would freeze your transactions. I'm more surprised that the banks allow any transactions to Bitcoin exchanges. And so, it would make total sense if somebody like Prof Jang would be paid to speak ill about Bitcoin. Wouldn't that make sense? From a centralized entity? That's kind of how this whole charade for the last 113 years has gone on is they can print money. They pay people to influence the world the narrative that they want to see. So, we we we did a video about this yesterday. We went into pretty significant detail, 37-minute video with Raj Forest, myself talking about Prof Jang and talking about all the points that he raised. We actually caught him in a few lies. Like he he in the video he said that the Winklevoss twins got a payout from Facebook in a lawsuit and they converted every dollar into Bitcoin. And then I was like, "That doesn't sound right." So, I looked at it during the video. I looked it up and it was a lie. It was just a a straight-up lie. So, I don't I don't know what this dude's motives are. I kind of like gave him the benefit of the doubt early on, but it seems more nefarious than anything else right now. And so, some of the things that I want to I'm going to share a couple uh I'm going to share a couple things that I found that related to Prof Jang today on uh Twitter, some good memes. Uh this is a good one. So, his main argument, he's like, "Where's the servers? Where's the servers that hold the all the Bitcoin stuff?" And so, shoutout to Corn DeLorean here on Nostr. You got Prof Jang here in the corner saying they don't know where the servers are. And everybody's dancing. Everybody knows this meme. I have one. I have one. I have one. But that's that's what Bitcoin is. It's a truly decentralized network and that's why the centralized entities hate it so much cuz it's truly decentralized. I have a copy of the Bitcoin ledger right here in my house. I have one. I have a server. And there's hundreds of thousands of other people around the world who are also keeping a copy of the ledger on their own servers. There are no servers where Bitcoin is. There's servers all around the world by people like me and people like you who are running their own Bitcoin node and verifying the fact that their wealth is there. And they get an updated copy of that ledger every 10 minutes. And anybody can go look at every transactions that that has happened since January 3rd, 2009. You see this number right here? 945486. That's 945,486 blocks that have been mined since January 3rd, 2009. And you can go to every single one of them. You can click into it and you can see every single transaction that has happened. You can see the coinbase, the newly generated coins, the coinbase transaction. Nothing to do with uh company. I'll back a little bit there. The company Coinbase, they stole that from Bitcoin. So, these are the newly generated coins. Every block there's new Bitcoin that are created essentially. That's how they they when when there's a new block mined, that's when new Bitcoin are created. That's what all the supply comes from. And you can go in every single block. You can see where it came from, where it went to, what the fees are, the timestamp on it. You can see all this going back to the very first Genesis block here in 2009. You can audit this yourself. This is what I have stored on my personal server is a copy of all the transactions. So, there's no secrets here. It's not like the Federal Reserve who has never been audited before. They keep their own ledger. That's the servers. That's a different system. That's a centralized network. Bitcoin's fully completely decentralized network because everybody keeps a copy of it. So, you can't wipe out one place or one server and destroy Bitcoin. You got to go to every single person who has a copy of this node and there's even one in outer space. Just in case there's an EMP that strikes or something. But even if it even if something like that happened and that's kind of like the gold bugs' main argument against Bitcoin is like, "What if an EMP strikes? What if the power goes out?" Okay, well, the Bitcoin network will probably stop for a while then, but when we turn things back on, you're going to have the exact same amount of sats that you had before the power went out. Your balance will not change. It'll still be there when things fire back on. So, pretty uh you know, it's it's again, I gave him the benefit of the doubt. I think there's more to it than that though. Like when I think about it, because really that's been the whole thing from from day one in Bitcoin is like they I think they figured out very early on that they can't stop Bitcoin and so, they have to lie about it. They have to come up with all this about Bitcoin. And so, there's there's a couple posts that I want to share here quickly because uh I think it's worth looking at. So, right here, this is uh this is one from Michael. There's actually two from Michael that I want to share here. But you can see you the full list of all the attacks against Bitcoin. The Ponzi scheme tulip mania narrative, >> [snorts] >> the criminals, drugs, terrorism, the mainstream media Silk Road association, Mount Gox, the Jeffrey Epstein, that was only a couple weeks ago, the environmental impact when actually Bitcoin is good for the environment. It utilizes wasted energy. It finds the the buyer of last resort for energy. You got the uh Operation Choke Chokepoint 2.0. Tons of these. They're created by the NSA, created by the CIA, tool of Wall Street, the quantum FUD. This is what they've been doing for the last 17 years is they can't stop Bitcoin, so they have just have to throw at it and try to convince the average person who spends zero time learning about Bitcoin that they should stay away from it. So, that they can they And the most sinister thing about it is they're stacking as much as they can behind the scenes. They're not telling people not to buy it cuz they don't think it's going to succeed. They're telling the average person not to buy Bitcoin because they don't want them owning Bitcoin because there's only so much Bitcoin available. And if you have sats in your cold storage wallet, that's sats that they can't get. And that's a brand new phenomenon that they've never had to deal with before. Because you could have a million dollars in your bank account, but that has no impact on them because they can print 5 trillion tomorrow. Cuz the fiat dollar has zero cost of production. Zero energy required to create units. And they print it to infinity and basically debase everybody who doesn't have assets, the the lower class, the middle class. So, it's a it's a very sinister thing that's going on right now and I think that Prof Jang's probably What's his name? Prof Jang? He's probably part of it. He's probably part of that narrative because that's how this is the whole fiat system has has been able to get this far is because they have unlimited money. And so when they see somebody that's kind of like rising up in terms of media and attention, they just throw a shitload of money at them because they literally print money. They have the ability to create money. And so you throw a bunch of money at people who have a lot of attention and try to convince them that Bitcoin's a bad thing. So then you have the average person not buying Bitcoin because they think it's a Ponzi scheme. They think the CIA created it. They think that quantum's going to hack it. They think that it's bad for the environment. When really it's meant to take out the people that we hate the most. That's literally what Bitcoin was designed to do. To separate money from state. Nobody trust state anymore. This this Bitcoin thing was designed to wipe them out. And yet everybody's still going along these narratives that just keep being forced down their throats 24/7 that uh 24/7 365 17 years straight all of it. And so when you spend no time understanding and learning for yourself, that's the only information that you have about Bitcoin. So it it makes sense why most people continue to ignore Bitcoin is because they just keep throwing this out. It's frustrating. It's absolutely infuriating to me. And so uh The other one here, I I want to share one more because Prof Jang's not alone here. There's there's been a lot of people who have kind of been contributors to this. Oh, this is from Stocks Ass. Never mind. I thought it was from Michael. But let me bring this up here. So the problem with Tucker Carlson, Tom Luongo, Catherine Austin Fitts, Dave Collum, Professor Jang, whatever his name is. All these clowns who think Bitcoin is CIA invention. They claimed out these elaborate world views where they alone dove every rabbit hole to arrive supposedly well-researched conclusions. Nobody who has seen this graphic and dived in every rabbit hole presented concludes that the NSA or the CIA created Bitcoin. It's basically impossible to do a full comprehensive deep dive on the history that led to Bitcoin and come out thinking it was alphabet soup. I mean it's possible. You'd have to be but I never ruled that out. But if you're intellectually curious and study all of it and read everything you can get your hands on about the Cypherpunk movement, you need to be to still think it's alphabet soup. So this is 40 years of Bitcoin. And this is actually what I brought up when we were going through that initially with Maple Bitcoin. Cuz he's basically saying that somebody created this in their basement and it's a CIA invention. And it goes all the way back to 1974 here. And then you have 1983 David Chaum with blind signatures for untraceable payments. Protocols for public key crypto systems. New directions in cryptography 1976. All of this went into the creation of Bitcoin. All these things. And then you have the Digicash. You have CyberCash. You have Adam Back Hashcash, which was a big part of Bitcoin being what it is today. Adam Back Hashcash, the measure with proof of work. Distributed hash tables. All of this stuff led to 2008 when Bitcoin was launched. Bit Gold. I forgot Bit Gold in 1998. E-gold. Nick Szabo securing property titles with owner authority. So that's what it is. And I really believe that this is um you know, Professor Jang, Professor Jong, whatever the hell his name is. I don't really care to be honest with you. Because uh every word that he comes every word that comes out of his mouth going forward completely moot to me. Don't care. I don't care if he's the smartest person alive in the Strait of Hormuz and the game theory And who knows? Who cares? Irrelevant. He doesn't understand Bitcoin. Bitcoin is the most important thing because without Bitcoin, nothing else matters. Bitcoin is a tool to separate money from state. It's a peer-to-peer cash. It's been in development for 50 years. And and the the key here, the last thing that I want to say is that even if the CIA did develop Bitcoin, even if the NSA did create Bitcoin, it doesn't matter. Because the way that a decentralized network works, it hasn't there there's no relevance in terms of who created it. It does not matter. Why? Because they have no ability to influence. They have no ability to create more units. They have no ability. Even if the CIA did create it, it's not like they can come out and say, "Hey, uh we're going to freeze all the accounts. We're going to increase the supply. We're going to give a bunch of coins to this person." That's not how it works. And so to me, this is what I always go back to here. I always go back to the fact that if you actually understand Bitcoin truly, the decentralized aspect of it, the peer-to-peer, the separating money from state, how the whole thing works, the difficulty adjustment, how that relates to energy, the difficulty adjustment, how that relates to a predictable supply 100 years into the future, the proof of work in the sense that nobody has the ability to create tokens. No matter how much energy you have, you cannot create tokens or how much economic influence you have, what your title is, what this law says. It doesn't matter. You cannot create tokens. And so whoever created it, there's no way that it could have been created with nefarious intentions. There's no way that a centralized entity would benefit from Bitcoin. Tell me how a centralized entity would benefit from a decentralized monetary network, an open transparent ledger. How does a centralized entity benefit from that? They don't at all. It's actually their worst enemy. It's their worst nightmare. And so when you keep that in mind, it doesn't matter who created it. It literally does not matter who created it. So I mean, I apologize I got a little bit of worked up there, but it just it pisses me off so much that people like Prof Jang and others, many others throughout the years, are intentionally misleading people away from Bitcoin when it's the only thing that's going to save them. And meanwhile, these people are stacking their own sats and buying as much Bitcoin as they can behind the scenes. People like Jamie Dimon, people like Larry Fink, all these They intentionally mislead the average person and they're buying in the background. And they send people like Prof Jang out there to mislead people because people aren't willing to read more than a headline. And so as they see that, they're like, "Oh, this guy's pretty smart. He's a professor. I liked what he said about this, so he must be right about Bitcoin, too." It's It's So anyways, uh big double finger big reverse shout-out to Prof Jang. That guy can uh eat s and d.
Get free YouTube transcripts with timestamps, translation, and download options.
Transcript content is sourced from YouTube's auto-generated captions or AI transcription. All video content belongs to the original creators. Terms of Service · DMCA Contact