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Welcome to the Free Cities podcast.

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My name is Timothy Allen and this is the official podcast of the Free Cities Foundation.

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Hello and welcome to this episode number 137 of the Free Cities podcast.

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Yes, welcome to this.

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Three Rules for Life, part two.

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This is part two of my interview with Ben Gunn.

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If you've been wondering why the episode is called Three Rules for Life,

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well, the next two hours should answer that question for you.

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bearing in mind it's a bit tongue-in-cheek as we say here in the uk yes jordan peterson can be

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deeply annoying as well as deeply insightful anyway if you've come straight to this episode

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from the web i would advise you to go back and listen to part one first that's number 136

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for complete context. And if you haven't already, then episode 97 of this podcast

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is a long form introduction to Ben himself and his general philosophy on life. If you're listening

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to this as a new subscriber to the podcast on Fountain, well, many thanks indeed. I hope you

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enjoy your early access to the next two hours of Alpha from the man like Ben Gunn. I did,

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that's for sure if you're not a subscriber please think about supporting us it's only six dollars a

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month for early access to long interviews like this one plus bonus episodes shout outs and

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comments in the show intros and and this is the most important one a beautiful subscriber badge

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on fountain anyway here's a quick synopsis of what you've got coming in the next two hours of

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my conversation with Ben. I pointed my AI agent at it and he she had a listen. And guess what?

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They created eight bullet points for life, as Jordan Peterson would say. Here they are.

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Bitcoin's dual nature, store of value versus medium of exchange, economic structures and

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incentives, political and class dynamics, the state, violence and property, political demographics

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and economic decline, societal breakdown and reset, leadership, morality and the meaning of life,

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and finally vision for the future. This is most certainly a banger of an episode. As I said

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in the prelude to part one, I think this is one of my favourite episodes of all time. Or as the

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AI put it, quite succinctly in fact, in quotes, this is a rally cry for how individuals can

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navigate chaos by taking responsibility for their actions, embracing vulnerability and

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aligning their values with meaningful action in both the physical and digital realms. Not bad.

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Plus, I will never think about baby boomers the same way again. God bless them. Anyway,

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Before we get into it, a quick public announcement. I'm off to Latvia for a week in August to record new interviews.

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We'll definitely be visiting Baltic Honey Badger, if you know what that is.

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Lots of great speakers there who I'm hoping will come onto the pod to talk.

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But I'm also looking for other interesting folk, freedom lovers, you know the type, people who would like to have a long form conversation for this pod.

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so please don't be afraid even to suggest yourself if you've got something interesting to say

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otherwise please mention anyone you think i would like to talk to i'll be in riga in the middle of

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august around the baltic honey badger conference dates drop me a dm on noster with suggestions or

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in the old school way podcast at free-cities.org is my email address okay final word to our most

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excellent show sponsor Veritas Village. They're building an off-grid village for freedom lovers

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in Panama. All energy self-sufficient luxury homes in the process of being built right now.

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And you can go and see them, check them out, buy an off-plan property there close to the beaches

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and amenities, but in a slightly elevated location. So it's a perfect climate for growing your own

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food every house comes with complete renewable energy independence whilst maintaining a modern

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luxury lifestyle get in touch with them go and see the project look at houses that are currently

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being built if you'd like to know more about their ethos and projects www.ecovillages.life

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forward slash free cities for more info please mention us and there's also a link on that

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interview that I did with Patrick, their founder, at last year's Free Cities Conference to give you

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a good sense of who they are. Right, on to the episode. If you're not still in your rocking chair

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from part one, you better grab it again. Set it down on the veranda this time of your ranch,

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preferably, and now with dog curled up at your feet, please just sit back, relax, and enjoy part

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two of my conversation with Ben Gunn.

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So, as I was saying earlier, the theory always was that Bitcoin will be adopted as savings

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and then it will become a medium of exchange.

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No, I've always pushed back on that.

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But that does seem to be happening.

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No, I don't think it is.

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I think it's just too,

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you're feeling two parts of the elephant.

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Because you can go right back to the white paper

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and say, no, no, no, look at the title.

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It's peer-to-peer cash.

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Right, so then you've got an argument going

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on a Bitcoin conference on a picnic bench, haven't you?

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One guy's store of value with a MicroStrategy hat on

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and one's got a hoodie on

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and was leaning towards Bcash,

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but went the way of the fork.

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And he's saying, no, this is lightning

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and it's got to be usable and it's got to be cash.

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but it's a debt two people arguing about the two sides of what makes money money you it's an arch

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i think money the word money looks in my mind like a bridge and the two points the moe the medium of

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exchange and the store of value are like two pillars that come up and support the arch and if

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you knock one away you don't have the other and the reason is this if you have a medium of exchange

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it has to have value otherwise there's no point in exchange in it and if you have a store of value

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it has to be exchangeable otherwise its value is only to people who want it so it has to be

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maximally valuable and maximally exchangeable to be the best form of money to argue one aspect of

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it against the other is to split the subject money has to be micro divisible to make it easy to

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exchange and it has to have value in order to be money it has to have everybody has to have money

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in common that you're prepared to swap for something that isn't money so that they're just

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two sides of one issue argued against itself what i mean then is if you look at the world currently

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i think personally many more people are using bitcoin as a store of value than of as a medium

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exchange not that that's a bad thing i think it's an inevitable thing because um the more people that

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use it as a store of value the more people will then eventually be peer-to-peer exchanging it

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yep and um that's what i see in the world and that's what that's what i mean it's even a meme

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amongst bitcoiners now you know save bitcoin spend your spend your tether or whatever you know

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i get lost in these semantics mate because we're just arguing about the different aspects of money

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is it money when you spend it yeah no but i mean in the real world if you turn on nbc

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there's you know they talk about saving they don't talk about spending bitcoin they talk about

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saving bitcoin they took the sailors on there their so-and-so's on there like and i think

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if you took a survey of people who own bitcoin you know i would say 80 of them store their value

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in it 20 of it well they store it because it's money i mean if let's take an extreme example if

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we split them as issues as a point of rhetoric and we said right let's give examples of where

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bitcoin's used as a store of value let's pick an easy one let's pick either the dollar strategic

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reserve or sailor stash we'll pick sailor stash to invest in it as a store of value is to underline

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your conviction that it can be exchanged in the future as a medium why would you store nuts in

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the ground if you didn't think you could either eat them or swap them so when you stack you can't

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eat a bitcoin you can't eat bitcoin and you can't live in sats i can't live but by storing something

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how can you store something and say i'm storing it because it's good for storage

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what are you storing what is it got value yeah it's got it's got a value okay so it can be

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exchanged subjectively by negotiation yeah so the more bitcoin you stack and you say i'm saving

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say saving is a means word it's an it's it's a it's a means to an end you're not saving to save

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you're saving to spend i know but i think the majority currently of people who save bitcoin

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will probably turn it into a fiat currency when they spend it yes that's what i mean yeah you

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know that's yeah that's what i mean about we got we are that the theory that bitcoin will be used

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as savings first and then as a medium of exchange more in the seems to be based and that's what i'm

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basing it on you know well look what's happened like you apply where the progress is of it

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bitcoin i mean to where we are in the economy and it's interesting to see which aspects of

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bitcoin's value apply to which areas of the economy i'd argue medium of exchange if viewed

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as a separate subject i don't i think it's one half of a word called money but the medium exchange

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elements of it have moved to the lower scale of transaction and the higher uses of bitcoin in

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terms of volume are used to store value so we've got a barbell we've got a low end of the economy

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that supports farmers markets and podcast subscriptions and grants and donations and

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t-shirts and all of these things that you can buy with a lightning wallet so it's totally

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dominant in medium of exchange at the level of an event you can't buy a car with it that middle

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ground that barbell is gone and then the next time you see bitcoin active on the economy

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is at state and blue chip level and they are buying it to hold it so it's kind of weird

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the medium of exchange guys that are against store of value get huge value from these holders

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and vice versa because the holders who are holding it like gold coins get the comfort of knowing that

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it's active and being used but what both are avoiding is the middle economy objects of high

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value that would hit limits on things like tax regulation things of scale things of substance

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cars to houses to businesses middle economy have to identify yourself have to be legitimate

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bitcoin is a desert is a desert in those areas there's no way you can lose five figures of k

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non-KYC Bitcoin. You can lose a few hundred dollars to a signer, to a signing device,

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or you can lose $20 to a t-shirt. Can you spend 20 grand of it round trip without breaking the law?

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Harder. There are a few use cases, but my point is that it's strange straight away to argue one

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end of a subject against the other because money has to be exchangeable and it has to have intrinsic

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value or a value that people will exchange it for otherwise why are you exchanging it it's worthless

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you can't use it to counterbalance something that you want like timber or a car or a house

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so if it's got no value you can't exchange it because the other guy doesn't want it

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and if you can't exchange it it hasn't got value it's limited in its value by its how it's limited

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to be exchanged so it's two sides of an argument but when you apply it to where bitcoin's adopted

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I'll grant you that at the lower end

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medium exchange is being proven out

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how quick, how easy it is to make purchases

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theoretically or at a small scale

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but the reason it's kept small

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is because you go into personal tax

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bans, you go into capital gains

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and outside of that de minimis

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oh right, I bought some money on

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I bought some bitcoin on coinbase and I spent it

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in a coffee when I was on holiday in El Salvador

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no one's going to come with the guns for you

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or if they do you would be an

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example and it would be bad overall for them

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but that middle ground is the tax base and that's going to change it and how does it change

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it's harder one ground man if you're small and you're hard to see you're small so you can't get

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hit but you can't hit you can't hit back that's the that's the dichotomy you've got you either hide

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and become like a a parallel society that well it has to be small because it's not as strong as the

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main society physically or you have to be so big that you can bend the rules of it at the state

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level changes in law at the blue chip level changes in governance and you've got to be big on that

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side and it just interesting to me that on both edges the economy the fiat extremes in the billionaire and one hop from the central bank bitcoin has been acknowledged and is integrating and the only other place when you go down the ticket price and the activities in

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an economy that you see it active and crackling is on wallet of satoshis at conferences or an

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equivalent level of scale so do you think this is how it pans out then because what's stopping it

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obviously, I think.

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Well, no.

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One of the things that's stopping it

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is the capital gains.

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Exactly.

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He's just classing it as,

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instead of classing it as money,

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but by the way,

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classing it as an asset.

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That is also the area of the barbell

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that it doesn't have capital gains, right?

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In one use case, it's too small.

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Fucking t-shirt, capital gains on a t-shirt.

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We're not enforcing that.

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It's going to cost more money

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to phone them and chase them

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than it would be to get 20 cents of capital gains.

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So they can't enforce it on the lower band.

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and all the tax breaks are for billionaires and corporations.

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So there's no tax, there's no capital gains tax

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up at that higher end and that's why it's been adopted.

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Hold on a second, explain that.

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Why aren't there, why is there no cap gains at a very high level?

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They just, they have a degree of influence

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over the ability to fight their own tax audits

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that a blue collar family wouldn't have.

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so michael say i don't need to go back to him but it's just a standard example of a big holder

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and he's done it in a public way and done it in a way that's ostensibly not illegal

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and is compliant he has a general counsel he has strategic resources he can game out and get advice

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on and spend time and resource to walk that line in a way that it would be hard for somebody who's

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living on a margin in a smaller business so it's a fight let's say that a family business wouldn't

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have to accept bitcoin and to say well we don't pay tax on that but for someone at that level

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they can get tax breaks they can do tax harvesting they get good lawyers in they they basically limit

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the cost of carrying bitcoin to the level that people that do it in an informal way get which

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is close to zero or zero and the benefit of the bitcoin is the capital appreciation of it

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and the way Michael Saylor's been able to do it in the particular is to issue debt against it

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instead of disposing of it. Both ways realize again, one is a way that you use the existing

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recent increasing value to create more paper, to give you more cash, to buy more Bitcoin,

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and you're putting on an accumulating bet. It's a bit bold, but I just point out that

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it's no surprise to me that the two places in the economy that have the least violence

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applied which is where it's too small to bother and where it's where you could get hit back by

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someone with an equivalent amount of resource are the two places that bitcoin's made more progress

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and the bit in the middle is the bit that's bullied out of its tax pushed around has a very limited

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life doesn't really have a lot to live for which is that middle class that just does something

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steadily and pays its taxes pays its bank interest and just keeps going it's boxer in animal farm

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that level of society.

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It's like, I'll work hard.

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I'll go along with it.

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It'll come good in the end.

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I just keep going.

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And then you have a heart attack and die.

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And that's the bit that there is no Bitcoin in use

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because to buy materials-

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It's being saved there, I reckon.

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It's what?

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It's being saved.

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Yeah, I think what you might get are very common,

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I don't doubt it,

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are like profitable businesses perhaps

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or profitable sole traders,

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people with high incomes

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that just after their tax,

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after their costs,

218
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have 20 grand, have 50 grand

219
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and buy Bitcoin with it.

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but they're either going to move to somewhere it's not taxed or they're going to hold it for

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a long time till there is no tax interestingly what you started noticing now is companies forming

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who are offering the ability to loan to borrow against your bitcoin yeah which is obviously a

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symptom of holders from probably you know i don't know 2015 holders who now are like

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shit i want i want to i don't want to spend this but i want to do what sailor's doing and now i

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think jack mallard's has just started a company that does that hasn't he you know and i i don't

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know what do you think about that is that a bad long-term thing yeah yeah both terrible because

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because of the fiat aspect of it because you're taking a long volatility idea which is owning

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bitcoin outright with money that you've made and no you have no claims on your you have no credit

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against you and you've got an excess that's what you buy bitcoin with i think when you start

230
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stacking paper against it to get more you give up control over that and in leveraged bitcoin

231
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positions that is your cutoff that's where your collateral and the value of your position

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turn upside down and it's a great idea until that number on the bitcoin ticker

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liquidates everything that you did with paper and you have a bigger loss so you don't you don't

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really that's just the law of nature if you borrow as well as owning bitcoin you're you're

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a function of just borrowing too soon though if you own like you know i don't know five bitcoins

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now it's probably not the time to borrow on it but in 10 years time you could probably borrow

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50 grand a year and or 100 grand a year possibly even and it wouldn't be a problem it's it's

238
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what you mean is it's proportionally it's not one or the other like if you've got loaned bitcoin tm

239
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it's inherently dangerous now like you could you could borrow ten dollars in every million dollars

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of your bitcoin and be fairly confident unless bitcoin goes to close to zero you won't be

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liquidated so there is element like it's like everything there's there's always in bitcoin

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particularly in bitcoin a truth that people pick one side or the other and argue it and and debt

243
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is another one of them it's it's bad to do a lot of and it's and it's arguably not optimal to do

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none of and people can't work out that you just have a middle of something in something that

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happened a few weeks ago was i was at the bitcoin conference nigel farage announced that if he got

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into power with reform they would change the cap gains rules on bitcoin what i found astonishing

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about that was they just said they were going to lower it they didn't say there shouldn't be cap

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gains on bitcoin because bitcoin's money there should be no cap gains right do you did it you

249
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did what 90 of people don't and it's to capture the buried lead in a statement these are clever

250
00:21:18,449 --> 00:21:25,709
liar public lying in public is a skill and that is a great example of how you can change nothing

251
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about what you're able to do after you're elected by saying something that could be clapped at that

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is the art of politics.

253
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He's not said

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anything and all he's

255
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done is underline

256
00:21:37,929 --> 00:21:41,029
the fundamental principle

257
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that Bitcoin should be taxed.

258
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They're not set. What people

259
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think they're saying is they're going to get a reprieve on their

260
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taxes. But what they're being told is

261
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that as long as they accept that it should

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be taxed, we'll argue

263
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and equivocate about what level it should be at.

264
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And we can do that after we're elected.

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I went even deeper, mate.

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I saw that as a

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as a as a announcement that the state should exist like someone should be able to tax you

268
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there is stuff like i mean we're into politics now but like i haven't got a bitcoin solution for

269
00:22:13,729 --> 00:22:20,889
national defense i've got a solution for local like paid volunteer fire services and things

270
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that a minicus could get onto but we in between these episodes and things we watch hypersonic

271
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missiles slam into tel aviv and they're coming in from a perspective where you kind of see what

272
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it's like to get the maximum a state can produce pointed at you and i haven't got a i haven't got

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something that removes a fiat structure from an from an economy or society is that then keeps that

274
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type of thing is that your model of governance then everything is a free market other than the

275
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protection of property rights i suppose you'd call that would you i i i don't know i don't think i've

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i know there's a lot of people at this end of the politics that wouldn't like to be overly defined

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but what i would say is that i i'm not an anarchist in the sense i think that there will be no

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centralized state and it's not because i believe it should or shouldn't it kind of doesn't matter

279
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does it it's what is likely to be enforced with the laws of violence and it's it's a bit of a

280
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odd term but what i mean by the laws of violence is we're physical by nature there's not going to

281
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be an abstract system that turns us completely abstract there'll always be a potential where

282
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there's someone who's slightly smarter than someone else and that person who's not as smart

283
00:23:39,469 --> 00:23:45,189
is stronger and they have a negotiation to make with you they say i can't build what you've built

284
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because i haven't got the effort or the brains but i've got enough effort and brains to kick it over

285
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and we'll make that okay by you giving me 10% of it.

286
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And then you get to keep it.

287
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It's a type of extreme capitalism.

288
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And it gets ugly because you pay that Dane geld and they go away,

289
00:24:03,189 --> 00:24:05,289
but you can't trust that they'll come back and try it again.

290
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And that's what governments do.

291
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They take an inch, they get given an inch and they take miles and miles

292
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and do things in your name that you would be disgusted to have done with a vote.

293
00:24:16,389 --> 00:24:19,069
But after you voted and they have the right to do it,

294
00:24:19,069 --> 00:24:20,809
most people just go along, right?

295
00:24:21,329 --> 00:24:23,729
Yeah, but even, you don't even need to vote on it,

296
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let's face it.

297
00:24:24,689 --> 00:24:27,109
You don't vote on the mafia, do you?

298
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You don't vote on it.

299
00:24:28,609 --> 00:24:29,589
They vote, by the way.

300
00:24:30,629 --> 00:24:32,569
You know, I open the books, like make a,

301
00:24:32,729 --> 00:24:35,529
like get a capo and get a soldier

302
00:24:35,529 --> 00:24:37,309
and make them into a capo as a whole ceremony.

303
00:24:37,949 --> 00:24:40,549
Doesn't that look a lot like when senators get sworn in me?

304
00:24:40,869 --> 00:24:43,729
Put your hand on the magic book, do the ceremony,

305
00:24:43,929 --> 00:24:46,009
promise that you'll never, ever do anything naughty.

306
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Now you're not a human anymore.

307
00:24:48,269 --> 00:24:55,389
you are a power allocator it's the same mafia and governments are very similar organizations

308
00:24:55,389 --> 00:25:02,269
they rely on public um apathy and they're not ostensibly what they say they are they do things

309
00:25:02,269 --> 00:25:07,249
with stated objectives and have underlying objectives they fall back to rules of violence

310
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and they do it by singling out individuals to enforce a population i think it's also a function

311
00:25:12,549 --> 00:25:21,889
The difference between a mafia in the state is how far the abstraction of violence has gone, I think.

312
00:25:22,609 --> 00:25:24,909
You know, and like in the state, it's quite abstract.

313
00:25:25,549 --> 00:25:27,309
They hardly ever come and knock on your door.

314
00:25:28,329 --> 00:25:31,049
You just fill a form in with a piece of paper and send them money.

315
00:25:31,569 --> 00:25:35,409
But the mafia might turn up on your door more frequently and demand some money.

316
00:25:35,409 --> 00:25:36,089
It's a spot check.

317
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Like if you've got 200 rifles to inspect to make sure they're clean

318
00:25:41,289 --> 00:25:45,089
and you haven't got the time to inspect 200, you inspect a sample.

319
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And the way you enforce violence is you enforce it on a sample.

320
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You can't afford to batter the crap out of everybody

321
00:25:51,329 --> 00:25:53,469
the way you deep down want to if you're a bully.

322
00:25:53,869 --> 00:25:56,569
But you do have time to single out just that right one

323
00:25:56,569 --> 00:25:59,429
who's just about beatable but big enough

324
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to scare the shit out of everybody else.

325
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And that's what happens.

326
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Have you ever had any thoughts of what an evolutionary step beyond that system is?

327
00:26:11,309 --> 00:26:14,329
Like you can go science fiction here or whatever.

328
00:26:14,629 --> 00:26:23,569
Well, again, it's taking something that's true, which normally means it can be turned to one thing or another, which is physical capability.

329
00:26:23,889 --> 00:26:25,409
It's like, where do you put your energy?

330
00:26:25,529 --> 00:26:29,509
Do you put it into building something or do you put it into threatening someone else to take it down?

331
00:26:30,189 --> 00:26:31,549
And these are complicated subjects.

332
00:26:31,549 --> 00:26:39,329
subjects it's hard to know when's the right time to fight and when it isn't but it's to just i just

333
00:26:39,329 --> 00:26:43,709
think there's this thing we've got ahead of ourselves and bitcoin is completely non-violent

334
00:26:43,709 --> 00:26:51,809
because it does not exist in the physical space we do and i think this thing where it and they can

335
00:26:51,809 --> 00:26:56,609
influence each other uh you can reach into that other realm and affect it but you can't be that

336
00:26:56,609 --> 00:27:01,629
Bitcoin, we don't get and inherit the properties of Bitcoin by owning it.

337
00:27:02,069 --> 00:27:04,849
And I think there's a big percentage of people that don't get that.

338
00:27:05,489 --> 00:27:08,429
They think, right, my money's safe, so I'm safe.

339
00:27:08,769 --> 00:27:13,049
And it's like, no, you're the weakest part of that.

340
00:27:13,709 --> 00:27:16,949
And I think progress is just made when you take account of that.

341
00:27:17,549 --> 00:27:21,269
That it's never going to, we're never going to have a Bitcoin standard

342
00:27:21,269 --> 00:27:24,849
in that theoretical, completely non-violent.

343
00:27:24,849 --> 00:27:31,189
in an environment that just base reward beating beating stuff around and having an ability to

344
00:27:31,189 --> 00:27:38,229
destroy it it sounds cynical but it's not it's not cynical it's to say why would an abstract

345
00:27:38,229 --> 00:27:45,489
concept apply itself in a jungle where we live it wouldn't the skill is to negotiate that part of it

346
00:27:45,489 --> 00:27:51,949
to what you can make work that's fucking hard one of the theories though is that

347
00:27:51,949 --> 00:28:02,129
the power of the abstract power can stop the violence as well it does do that as well you know

348
00:28:02,129 --> 00:28:09,829
like i it is a good example i can't remember who said it but antlers on a on a oh yeah you know they

349
00:28:09,829 --> 00:28:15,629
they they they're they're a very strong well antlers are better because you can actually

350
00:28:15,629 --> 00:28:20,949
hurt someone with antlers yeah but as a stag you never really want to get to that point if you can

351
00:28:20,949 --> 00:28:25,989
help it and they have so in the end it's like the biggest antlers yeah and then they become a

352
00:28:25,989 --> 00:28:31,129
an abstract symbol of yeah let's not fight because i've got bigger antlers than you yeah so there is

353
00:28:31,129 --> 00:28:38,629
a theory about that that the physical world can lack violence due to some abstractions now that's

354
00:28:38,629 --> 00:28:43,529
where bitcoin's effective so like i'll give you i'll give you a wartime example that i was taught

355
00:28:43,529 --> 00:28:49,089
a long time ago and i was being taught about the falklands war and there was a bombing run that the

356
00:28:49,089 --> 00:28:55,669
RAF did from the UK using a pyramid of refueling that they've actually published the diagram

357
00:28:55,669 --> 00:28:58,729
of it was like the refueler being refueled by the refueler.

358
00:28:58,729 --> 00:29:00,269
What all flying at the same time?

359
00:29:00,269 --> 00:29:01,969
No, in like a kind of coordination.

360
00:29:01,969 --> 00:29:21,478
So they synchronized so that one bird was in the air to fill up a jet Then it peeled away Another one came further along And basically what it did it produced this unsustainable like you couldn do 10 of these attack on an Argentine well on a British runway that was occupied by an Argentinian fighter fleet

361
00:29:22,118 --> 00:29:24,318
And it went, it was a massive operation.

362
00:29:25,158 --> 00:29:25,638
Ridiculous.

363
00:29:26,018 --> 00:29:28,358
And it strafed the runway with bombs.

364
00:29:28,358 --> 00:29:35,798
and one of maybe 10 in a run of bombs one crated near the runway so it didn't actually do any

365
00:29:35,798 --> 00:29:40,458
particular it's all right like not particular damage to the base but it was enough this is

366
00:29:40,458 --> 00:29:47,558
the crucial part it was enough strategically to convince the the argentine uh command to withdraw

367
00:29:47,558 --> 00:29:53,958
its fighter fleet because it was deemed at risk from distance and so without any violence

368
00:29:53,958 --> 00:29:58,498
where the maximum would have been to actually keep going on those bombing runs that were

369
00:29:58,498 --> 00:30:04,858
unsustainable very expensive and not possible to do 10 of and it would it chilled the issue at the

370
00:30:04,858 --> 00:30:11,758
start and i think where bitcoin unlocks denied areas of the economy it has a second order effect

371
00:30:11,758 --> 00:30:16,978
in dissuading people from even trying to fiddle with this that or the other part of a system

372
00:30:16,978 --> 00:30:22,718
people who if we leave the door open on systems where anybody can stand on a pipe and ruin millions

373
00:30:22,718 --> 00:30:24,338
of people's lives with a switch.

374
00:30:25,318 --> 00:30:26,678
They will do it more often.

375
00:30:27,218 --> 00:30:28,558
If you have a parallel system

376
00:30:28,558 --> 00:30:30,998
or a fallback position that is ever closer,

377
00:30:31,918 --> 00:30:33,698
they won't try in the first place.

378
00:30:34,058 --> 00:30:36,458
You will not enforce things in a fiat law

379
00:30:36,458 --> 00:30:40,078
if you're also aware that there's a NOSTA grievance procedure

380
00:30:40,078 --> 00:30:41,678
that people can just go to for free

381
00:30:41,678 --> 00:30:44,918
and have a better than average chance of being treated fairly.

382
00:30:45,318 --> 00:30:48,838
And it will actually improve the existing system.

383
00:30:48,838 --> 00:30:51,478
going back to Farage

384
00:30:51,478 --> 00:30:52,678
he got unbanked

385
00:30:52,678 --> 00:30:55,738
and then he went onto the Bitcoin

386
00:30:55,738 --> 00:30:57,398
thing and that's how he got in

387
00:30:57,398 --> 00:30:58,738
it's from what's not working

388
00:30:58,738 --> 00:31:01,738
and the reason he is now still banked

389
00:31:01,738 --> 00:31:02,978
is because

390
00:31:02,978 --> 00:31:05,898
it pushed him into circles and have conversation

391
00:31:05,898 --> 00:31:06,738
with Bitcoiners

392
00:31:06,738 --> 00:31:08,738
wasn't it Coates and Co as well

393
00:31:08,738 --> 00:31:11,438
they probably re-banked him because it was a terrible PR

394
00:31:11,438 --> 00:31:13,258
the CEO got sacked

395
00:31:13,258 --> 00:31:15,718
so these things

396
00:31:15,718 --> 00:31:17,258
that people can do to punch others

397
00:31:17,258 --> 00:31:23,118
remember at the bottom of all this is bullying and if you live by the sword you die by it and

398
00:31:23,118 --> 00:31:26,958
yeah you can go out and you can do some naughty stuff and no one's going to stop you while you're

399
00:31:26,958 --> 00:31:33,518
doing it but you don't own the consequences of breaking cover and and doing something nasty to

400
00:31:33,518 --> 00:31:38,778
someone where 60 million other people see it and say i wouldn't want to be treated like that so why

401
00:31:38,778 --> 00:31:43,598
should he be treated like that it draws the public attention to the wrong areas of what the state does

402
00:31:43,598 --> 00:31:44,318
and how it does it.

403
00:31:45,158 --> 00:31:46,178
And so that was a loss

404
00:31:46,178 --> 00:31:47,598
because what did they get?

405
00:31:47,658 --> 00:31:49,378
They got the benefit of removing him

406
00:31:49,378 --> 00:31:50,598
from the system for two weeks

407
00:31:50,598 --> 00:31:52,658
until the news media turned it into

408
00:31:52,658 --> 00:31:55,518
a sacking of the CEO, gone,

409
00:31:56,138 --> 00:31:57,918
and he's back in the banks

410
00:31:57,918 --> 00:31:59,258
because it's political persecution.

411
00:32:00,078 --> 00:32:01,638
That was a good round for Bitcoin.

412
00:32:02,638 --> 00:32:04,258
It bounced him back to the ropes

413
00:32:04,258 --> 00:32:06,638
where he had to talk to all the freedom maximalists

414
00:32:06,638 --> 00:32:08,038
and say how terrible things are.

415
00:32:08,398 --> 00:32:09,838
And then it drew him back in

416
00:32:09,838 --> 00:32:12,578
because it wasn't able to enforce its move.

417
00:32:12,578 --> 00:32:18,818
What do you think about all this cosying up to Bitcoiners by people in power now, politicians?

418
00:32:18,998 --> 00:32:23,138
Do you think they'd turn away as easily as they turned towards?

419
00:32:23,598 --> 00:32:29,218
I think politics, politicians as you see them, are better not viewed as people.

420
00:32:29,478 --> 00:32:30,858
I know that sounds like dehumanising.

421
00:32:31,438 --> 00:32:34,938
What I mean is, let me put it another way.

422
00:32:35,278 --> 00:32:37,958
I know that's, but they're not.

423
00:32:38,718 --> 00:32:42,138
And the reason is, first of all, you don't get their personal opinions ever.

424
00:32:42,578 --> 00:32:46,298
So what we get is an onstage performance of something.

425
00:32:47,078 --> 00:32:50,638
That performance, let's say it's not an opera,

426
00:32:51,098 --> 00:32:53,918
let's call it a news reporter interview with Nigel

427
00:32:53,918 --> 00:32:56,498
or with whoever, Keir Starmer.

428
00:32:57,178 --> 00:32:59,918
If you said that's not a person with his own opinions,

429
00:33:00,398 --> 00:33:02,958
he will stick to those opinions when pressed.

430
00:33:02,958 --> 00:33:07,138
And let's call him somebody who is paid and gets power

431
00:33:07,138 --> 00:33:11,258
from hitting the largest area of an audience.

432
00:33:11,258 --> 00:33:17,118
that's the game so when we say oh what does he think of this what it doesn't that's not it

433
00:33:17,118 --> 00:33:25,658
what what these politics politicians do is they cast out ideas to an audience and when the audience

434
00:33:25,658 --> 00:33:30,918
resonates with it they get power so when to answer your question about bitcoin and how they're cozying

435
00:33:30,918 --> 00:33:38,138
up to it i think when a politician's suite of comments goes from anti-bitcoin to neutral on

436
00:33:38,138 --> 00:33:42,858
Bitcoin. It does nothing to me to tell me what that person thinks about Bitcoin. What it tells

437
00:33:42,858 --> 00:33:49,378
me is the people that they are pitching to are being judged to be more receptive to Bitcoin.

438
00:33:49,898 --> 00:33:54,278
So when you see politicians adopting it or opening the door to it or talking about it,

439
00:33:54,278 --> 00:34:00,378
they're doing it in sympathy to their base. Their base is that more interested in it. Their base

440
00:34:00,378 --> 00:34:05,618
have rejected the idea it's a scam and their base now think that it's somewhere between the standard

441
00:34:05,618 --> 00:34:08,178
to do commerce on and not a scam anymore.

442
00:34:08,518 --> 00:34:10,418
And if they don't adapt to that opinion,

443
00:34:10,598 --> 00:34:11,518
they become unpopular.

444
00:34:12,498 --> 00:34:14,898
Do you think that politicians are different now?

445
00:34:15,058 --> 00:34:17,658
Do you think in the past they believed in something

446
00:34:17,658 --> 00:34:19,638
and then they hoped everyone followed?

447
00:34:19,638 --> 00:34:22,638
Or do you think they've always pandered to the...

448
00:34:22,638 --> 00:34:26,158
Politicians now have more power.

449
00:34:26,938 --> 00:34:29,198
So the state is a bigger percentage of our GDP.

450
00:34:30,118 --> 00:34:33,558
So it's a factor that's more important in politics now

451
00:34:33,558 --> 00:34:34,298
than it used to be.

452
00:34:34,298 --> 00:34:40,778
If you own the last 5% of our national defense and a few basics, you can enforce your ethics better.

453
00:34:41,338 --> 00:34:46,238
But what politicians now, modern politicians, have to do is be everything to everybody.

454
00:34:47,098 --> 00:34:48,338
Everything to everybody.

455
00:34:48,778 --> 00:34:50,738
Because that's the maximum jackpot.

456
00:34:50,878 --> 00:35:02,438
That is almost, if you get a UK prime minister, you've got 60% to 80% of the wealth being created in that society at your fingertips for the time that you run.

457
00:35:02,438 --> 00:35:06,298
and you've done it by promising people more than you can deliver

458
00:35:06,298 --> 00:35:08,058
and it kind of works.

459
00:35:08,838 --> 00:35:11,358
So they just copy...

460
00:35:11,358 --> 00:35:12,238
Until there's a revolution.

461
00:35:12,638 --> 00:35:13,558
Until there's a revolution.

462
00:35:13,998 --> 00:35:16,878
Until people get too pissed off is basically what happens.

463
00:35:16,998 --> 00:35:17,598
Well, where are we now?

464
00:35:17,678 --> 00:35:20,358
We've got in the UK and actually most of the Western world,

465
00:35:20,458 --> 00:35:25,158
we've got an economic and a political majority in the baby boomers.

466
00:35:26,298 --> 00:35:29,058
All of a very tight grouping of preference and opinion

467
00:35:29,058 --> 00:35:32,578
and will vote in their interest and will spend in their interests.

468
00:35:33,178 --> 00:35:37,078
And they've been the dominant force in society for the last 30, 40 years.

469
00:35:40,898 --> 00:35:44,738
So now they're retiring and getting sick

470
00:35:44,738 --> 00:35:48,078
and the generation underneath them is much smaller.

471
00:35:48,498 --> 00:35:53,198
So it doesn't have the productive capacity to live a quality life

472
00:35:53,198 --> 00:35:56,138
and have the excess over to pay for the baby boomers,

473
00:35:56,138 --> 00:36:02,338
healthcare, welfare, wars, and other expensive luxury opinions. And the difference has been

474
00:36:02,338 --> 00:36:09,978
stretched in debt. So where the young and the under generations haven't made or won't or can't

475
00:36:09,978 --> 00:36:14,218
make the wealth it takes for baby boomers to live like they've lived in their prime all the way

476
00:36:14,218 --> 00:36:20,318
through to their death has been ballooned in debt. So we've not even got a stable demographic.

477
00:36:20,318 --> 00:36:25,758
we've got the majority of people in the uk retiring the next sort of 10 20 years

478
00:36:25,758 --> 00:36:34,838
and they expect services that need money and it's just not going to be there there's just this

479
00:36:34,838 --> 00:36:43,578
bedraggled 18 to 35 year old minority who can't affect things at the voting booth because there's

480
00:36:43,578 --> 00:36:48,978
not enough of them or in economics because they've got no money and they're being expected

481
00:36:48,978 --> 00:36:52,518
to pick up the future tab for this other generation

482
00:36:52,518 --> 00:36:54,918
and the first time is going to be when they retire

483
00:36:54,918 --> 00:36:57,078
is they're not the economic majority anymore

484
00:36:57,078 --> 00:36:58,638
but they're still the political majority.

485
00:37:00,178 --> 00:37:01,338
From what it looks like to me,

486
00:37:02,018 --> 00:37:04,658
and I use England as an example because that's where we are,

487
00:37:04,658 --> 00:37:06,298
but I'm sure it's happening everywhere,

488
00:37:07,158 --> 00:37:12,298
is slowly but surely the state is looting everyone.

489
00:37:12,698 --> 00:37:13,518
Yeah, it's a farm.

490
00:37:13,618 --> 00:37:18,738
It's run out of money and slowly but surely it's just taking money

491
00:37:18,738 --> 00:37:20,678
because it doesn't produce anything.

492
00:37:21,018 --> 00:37:21,298
Yes.

493
00:37:21,798 --> 00:37:22,718
That's what's happening, right?

494
00:37:23,338 --> 00:37:25,798
There's loads of horrible analogies for something like this,

495
00:37:25,878 --> 00:37:29,258
and they're all quite incendiary, but they're not untrue.

496
00:37:29,838 --> 00:37:30,898
It's like cancer.

497
00:37:31,138 --> 00:37:36,338
It's like a tumor that represents 60% of the kilogram weight of a body,

498
00:37:37,378 --> 00:37:40,978
and it absorbs nutrition and oxygen,

499
00:37:41,598 --> 00:37:45,378
and it splits cells and it repeats itself in a way that doesn't cap,

500
00:37:45,818 --> 00:37:48,518
and it serves no organic purpose to the whole.

501
00:37:48,738 --> 00:37:52,118
It is just a big biological cost to the body.

502
00:37:52,578 --> 00:37:54,918
Eventually the body dies or the cancer dies.

503
00:37:55,658 --> 00:38:01,798
And there is something in this state and the size of it where it has no limitations.

504
00:38:02,258 --> 00:38:06,498
The bigger it gets, inclines to be bigger again, like a bully.

505
00:38:06,938 --> 00:38:11,138
You know, the bigger the bully gets off what it steals, the bigger it gets.

506
00:38:11,278 --> 00:38:12,298
Therefore, it can steal more.

507
00:38:12,298 --> 00:38:14,818
and the state's just been on this incredible run

508
00:38:14,818 --> 00:38:19,538
under the sort of apathy and lack of understanding

509
00:38:19,538 --> 00:38:20,918
of the people that support it

510
00:38:20,918 --> 00:38:23,938
and bang pots outside at eight o'clock at night,

511
00:38:24,118 --> 00:38:26,158
which is actually one of the scariest things

512
00:38:26,158 --> 00:38:27,238
as an adult I've ever seen.

513
00:38:28,318 --> 00:38:30,058
It actually terrified me.

514
00:38:30,218 --> 00:38:31,658
Or heard, really, why?

515
00:38:32,058 --> 00:38:34,358
It wasn't exactly the scariest people doing it.

516
00:38:34,358 --> 00:38:38,018
It was terrifying to me.

517
00:38:38,038 --> 00:38:38,558
Why, go on.

518
00:38:38,558 --> 00:38:48,858
because it was it's such a basic movement isn't it clonking pots i mean the reason why it was

519
00:38:48,858 --> 00:38:55,558
being done was also really strange when you think about to support the nhs i know it was so hollow

520
00:38:55,558 --> 00:39:00,278
though it was like this is what i mean right so like what just just if you were really like i'm

521
00:39:00,278 --> 00:39:05,698
i'm not that smart so at atiq level right you go along the street like what's that noise why is

522
00:39:05,698 --> 00:39:10,778
everyone stood outside the front door banging their cooking pots together right and it's not

523
00:39:10,778 --> 00:39:16,258
a joke like it's funny now but at the time i don't live i just thought that this shit can go anywhere

524
00:39:16,258 --> 00:39:23,658
because you've got you've got grown adults i know and it's the cacophony of banging cookware

525
00:39:23,658 --> 00:39:32,318
right and what for to it's set against this belief in an ultimate right to your health

526
00:39:32,318 --> 00:39:33,098
and your safety.

527
00:39:34,158 --> 00:39:35,498
And it's terrified me.

528
00:39:35,858 --> 00:39:37,038
I went and bought welding gas.

529
00:39:40,138 --> 00:39:41,558
When all that shit was kicking off,

530
00:39:41,598 --> 00:39:42,158
I just thought, right,

531
00:39:42,278 --> 00:39:45,058
we are in Munich, man.

532
00:39:45,858 --> 00:39:46,918
Like these people will go

533
00:39:46,918 --> 00:39:48,198
and do anything at this point.

534
00:39:48,278 --> 00:39:49,118
They're so primed

535
00:39:49,118 --> 00:39:50,898
to do what they're told.

536
00:39:51,478 --> 00:39:52,558
It's like a beehive

537
00:39:52,558 --> 00:39:54,078
that goes into like an emergency

538
00:39:54,078 --> 00:39:56,098
survival routine

539
00:39:56,098 --> 00:39:57,278
where it just goes ape.

540
00:39:58,138 --> 00:40:00,738
And that's what we'll have promised,

541
00:40:00,738 --> 00:40:08,038
i think it's just these mass madnesses do you think that so you think that on economic grounds

542
00:40:08,038 --> 00:40:15,118
at some point in the future everyone you know the everyone's gonna or not everyone majority

543
00:40:15,118 --> 00:40:21,698
are going to end up like that yeah they're going to be blinching people no one's no one's gonna uh

544
00:40:21,698 --> 00:40:25,698
as this plane's crashing right and we know that there's bits in our lives that are just not

545
00:40:25,698 --> 00:40:32,258
sustainable and it's just like a relationship with an alcoholic relative like you know and they know

546
00:40:32,258 --> 00:40:40,878
they are not beating the odds at the bottle of that bottle and this is a society that is addicted

547
00:40:40,878 --> 00:40:48,258
to the same degree an extreme alcoholic is addicted to alcohol where they're so so far

548
00:40:48,258 --> 00:40:54,258
from where they should be that to turn back is actually almost as dangerous as to keep going

549
00:40:54,258 --> 00:41:01,398
and that's exactly where we are it's it's such a fine line between becoming sober and risking your

550
00:41:01,398 --> 00:41:06,758
life and the tremors and all the shit you do when you come out of alcohol that is that is an uglier

551
00:41:06,758 --> 00:41:13,618
path for people politically than it is to just keep drinking that's what's scary and it's not

552
00:41:13,618 --> 00:41:19,458
it's only scary because they're the majority it's we have not demographics in economics is destiny

553
00:41:19,458 --> 00:41:25,718
like so there's lots of bullshit that's spread around in economic forums but if you just wanted

554
00:41:25,718 --> 00:41:31,278
to boil it down to something quick it's demographics and your competitive advantage

555
00:41:31,278 --> 00:41:38,558
that's it and capital flows and if you if you plot those things they are the they are the root

556
00:41:38,558 --> 00:41:44,558
things you'd measure before you form an economic opinion of anywhere and when you look at the west

557
00:41:44,558 --> 00:41:52,338
the demographic is top heavy it trends towards older sicker people that is not good there's no

558
00:41:52,338 --> 00:41:57,778
economics and there's no societal argument to be had under an umbrella of here's a majority of

559
00:41:57,778 --> 00:42:04,978
people who are going to become net consumers in the economy having been the net producers in that

560
00:42:04,978 --> 00:42:11,598
economy and nothing underneath to replace them it's literally retiring without a pension is that

561
00:42:11,598 --> 00:42:16,998
their fault yes no but i mean is it their fault do they it's a collective it's not your nan's fault

562
00:42:16,998 --> 00:42:22,418
but i mean but i mean do they have the option to be any different that's what i mean it's hard

563
00:42:22,418 --> 00:42:28,538
it's collective responsibility so it's it's the amount of mess divided by the people involved in

564
00:42:28,538 --> 00:42:34,298
it with a lot of fudge and oh well i know a guy and he was a baby boomer and he's always been an

565
00:42:34,298 --> 00:42:38,298
anarchist and he's always fought against the state i know i know i'm not looking to single people out

566
00:42:38,298 --> 00:42:42,798
that's that's not it at all it's if we're making generalizations and we're looking at trends that

567
00:42:42,798 --> 00:42:48,938
involve more than one people we speak in the general and the general thing in the west are old

568
00:42:48,938 --> 00:42:57,878
sick low conviction citizens who are living at the expense of minorities on an increasing basis

569
00:42:57,878 --> 00:43:03,758
and it's not linear they're about to stop working all the 50 to 60 year olds who are at the peak and

570
00:43:03,758 --> 00:43:06,538
at maximum hourly rates and get the skills.

571
00:43:06,678 --> 00:43:09,458
And it's all built, that economy's all built around them for them.

572
00:43:09,898 --> 00:43:14,078
And just now they're going to start retiring, trimming in,

573
00:43:14,538 --> 00:43:15,678
looking to sell houses.

574
00:43:16,078 --> 00:43:16,438
Who to?

575
00:43:16,598 --> 00:43:17,218
We don't know.

576
00:43:18,078 --> 00:43:19,278
And we're on the turn.

577
00:43:19,938 --> 00:43:20,778
But they'll still be able to vote.

578
00:43:20,778 --> 00:43:21,658
They're a bit older than that, wouldn't they?

579
00:43:21,978 --> 00:43:22,978
I'm 54.

580
00:43:24,138 --> 00:43:27,598
What, you think it's in a 55-year-old's, you know?

581
00:43:28,098 --> 00:43:28,738
Retiring, yeah.

582
00:43:29,878 --> 00:43:30,318
Really?

583
00:43:30,958 --> 00:43:31,398
Absolutely.

584
00:43:31,758 --> 00:43:32,018
Wow.

585
00:43:32,558 --> 00:43:33,298
What are they going to do?

586
00:43:33,758 --> 00:43:35,098
how much

587
00:43:35,098 --> 00:43:45,847
have they got a load of savings no you vote if you don have savings you vote and there still going to be a pervasive majority in that That the break right This is what going to change

588
00:43:45,887 --> 00:43:48,107
What's going to change and what's going to stay the same in our lifetime?

589
00:43:48,707 --> 00:43:52,947
The biggest generation in history has always been a net consumer

590
00:43:52,947 --> 00:43:55,687
and has always been subsidized by their own productivity.

591
00:43:55,927 --> 00:43:57,387
It's about to not be productive.

592
00:43:58,527 --> 00:43:59,247
Explain that.

593
00:43:59,247 --> 00:44:01,207
So are you talking about my generation?

594
00:44:02,227 --> 00:44:03,047
It depends what you're generating.

595
00:44:03,187 --> 00:44:04,767
You might exfoliate and moisturize.

596
00:44:04,767 --> 00:44:08,907
Well, no, I think about my mum and dad as being boomers.

597
00:44:08,907 --> 00:44:10,287
Okay, so silent generation.

598
00:44:10,507 --> 00:44:11,647
So they're in their 80s now.

599
00:44:11,887 --> 00:44:13,987
All right, so baby boomers are...

600
00:44:13,987 --> 00:44:14,607
What is a baby?

601
00:44:14,707 --> 00:44:15,667
Am I a baby boomer?

602
00:44:16,207 --> 00:44:16,527
54.

603
00:44:17,207 --> 00:44:18,127
What does it mean?

604
00:44:18,487 --> 00:44:19,987
Probably at the end of that, actually.

605
00:44:20,527 --> 00:44:22,887
The baby boom was after the Second World War.

606
00:44:23,107 --> 00:44:23,487
So all the surviving...

607
00:44:23,487 --> 00:44:24,347
Yeah, that's my mum.

608
00:44:24,527 --> 00:44:26,667
Well, no, no, they were already alive.

609
00:44:26,787 --> 00:44:27,987
It's not really to capture, like,

610
00:44:28,067 --> 00:44:29,727
give me your driving licence date of birth,

611
00:44:29,727 --> 00:44:32,167
I'll tell you if you're part of this ugly set.

612
00:44:32,287 --> 00:44:33,607
It's to look at things in trends.

613
00:44:33,607 --> 00:44:39,347
and economics is allocating capital and we had this very large generation after the war

614
00:44:39,347 --> 00:44:44,187
this very large generation and a rash of productivity it's affected everything it's

615
00:44:44,187 --> 00:44:53,027
affected the forests i work on the things that are planted were fast quick now um and lots changed

616
00:44:53,027 --> 00:44:56,967
in the baby boom generation from the world they were born into the world i'm living in

617
00:44:56,967 --> 00:45:03,187
the laws have eroded personal freedoms have gone down uh quality of life life expectancy

618
00:45:03,187 --> 00:45:04,027
fertility

619
00:45:04,027 --> 00:45:05,487
down

620
00:45:05,487 --> 00:45:07,687
they're going down

621
00:45:07,687 --> 00:45:08,767
really

622
00:45:08,767 --> 00:45:11,667
I thought we were living at the peak of our

623
00:45:11,667 --> 00:45:12,627
existence

624
00:45:12,627 --> 00:45:15,587
I mean we probably are, it's probably a small little dip

625
00:45:15,587 --> 00:45:17,627
as the man

626
00:45:17,627 --> 00:45:18,547
falling down

627
00:45:18,547 --> 00:45:21,187
having jumped out of a skyscraper says

628
00:45:21,187 --> 00:45:22,427
so far so good

629
00:45:22,427 --> 00:45:24,767
but what I mean is

630
00:45:24,767 --> 00:45:25,707
what I mean is

631
00:45:25,707 --> 00:45:26,687
that

632
00:45:26,687 --> 00:45:30,627
fertility rates are crushed

633
00:45:30,627 --> 00:45:38,527
quality lifestyle and life expectancy the boomers are the first generation to give

634
00:45:38,527 --> 00:45:44,147
a world to their children and grandchildren where they don't live as long as they so they were the

635
00:45:44,147 --> 00:45:49,487
high time preference for they were the first of the high time preference people yeah because of

636
00:45:49,487 --> 00:45:54,707
the war yeah they had to rebuild fast there'll be examples in history where like we've got

637
00:45:54,707 --> 00:45:59,627
roman empire rise and fall we've got demonetization examples of that got john law

638
00:45:59,627 --> 00:46:04,167
in terms of how the money fell apart and the people that lived in that and benefited from it

639
00:46:04,167 --> 00:46:09,007
are kind of similar to the baby boomers but it is a unique situation in that we do have quite an

640
00:46:09,007 --> 00:46:14,647
efficient democracy like it's not a good system but it's recorded quite well and the problem with

641
00:46:14,647 --> 00:46:19,907
it being so efficient is that it really does fall to who the baby boomers are and what they want

642
00:46:19,907 --> 00:46:24,687
and if you're of a certain age similar to most people and you've got similar preferences and

643
00:46:24,687 --> 00:46:30,547
similar tv shows they act like a lobby and that would be fine if they were proportionate to the

644
00:46:30,547 --> 00:46:37,407
rest of society but this generation not from being right wrong or someone's fault is just about 51

645
00:46:37,407 --> 00:46:45,167
of how things happen so when we have a novel flu go around the world as a society we react

646
00:46:45,167 --> 00:46:51,987
like the median person in that society and the median person in society over covid in a western

647
00:46:51,987 --> 00:46:57,707
democracy was a slightly overweight slightly middle-aged to getting older closer to retirement

648
00:46:57,707 --> 00:47:02,667
than the start of their career a lot less to play for banging a thing a lot more to lose

649
00:47:02,667 --> 00:47:09,747
and just generally scared right young people aren't scared of flu no but they got jabbed

650
00:47:09,747 --> 00:47:14,807
and the way they got jabbed wasn't because it was in their interest but it was because we had a vote

651
00:47:14,807 --> 00:47:20,947
and the median voter the median preference in society the ones that kick people out of

652
00:47:20,947 --> 00:47:26,907
supermarkets and made jobs impossible to do without this stuff was about the age that you

653
00:47:26,907 --> 00:47:31,747
start worrying about flu hitting you harder than the fucking flu no you're absolutely right so

654
00:47:31,747 --> 00:47:38,447
if you let if you take a median voter which is the most commonly occurring type of voter not the

655
00:47:38,447 --> 00:47:43,467
average because we don't go on averages on democracy we go on majorities so a median is a

656
00:47:43,467 --> 00:47:50,347
better um measure of central tendency if we're trying to do quick estimates it's to say the

657
00:47:50,347 --> 00:47:58,507
average voter as a median is a got enough money to be scared of losing it got a family that's big

658
00:47:58,507 --> 00:48:03,947
enough to care about what happens but not so much that you take total responsibility for it

659
00:48:03,947 --> 00:48:11,187
we talk about boomers loads of stuff scared of losing it and they know and act like they're in

660
00:48:11,187 --> 00:48:16,587
a majority because they are and that's what happens in society it's the mass it's the mob

661
00:48:16,587 --> 00:48:21,967
that enforce those things that are popular are the things that come through and unfortunately

662
00:48:21,967 --> 00:48:27,907
for everybody who's not in that majority you're the minority and they don't need you to enforce

663
00:48:27,907 --> 00:48:32,267
what they do but they do need you to pay for it and they do need you to realize the losses of it

664
00:48:32,267 --> 00:48:35,967
so if a healthy guy decides not to take a jab

665
00:48:35,967 --> 00:48:44,467
they're ostracized and if they do decide to take it sorry mate i know that heart condition is uh

666
00:48:44,467 --> 00:48:46,687
completely debilitating and avoidable,

667
00:48:47,207 --> 00:48:48,987
but it's all right because we've got free health.

668
00:48:49,187 --> 00:48:50,027
Just join the queue.

669
00:48:50,667 --> 00:48:52,207
It's take a ticket, five hours.

670
00:48:52,827 --> 00:48:56,107
And it's not our fault because legal reasons.

671
00:48:56,107 --> 00:48:59,387
Well, also the reason that a lot of people took the jab

672
00:48:59,387 --> 00:49:00,947
was to save grandma as well.

673
00:49:01,067 --> 00:49:02,707
I mean, that was literally,

674
00:49:03,087 --> 00:49:05,927
that's where they focused it, like you say.

675
00:49:06,447 --> 00:49:08,167
It's an odd justification though

676
00:49:08,167 --> 00:49:10,167
because you've just saved the last 10 years

677
00:49:10,167 --> 00:49:12,627
of a woman's life for a loved one's life

678
00:49:12,627 --> 00:49:18,187
and you've done it by risking the death or crippling of someone with 70 years old.

679
00:49:18,187 --> 00:49:20,307
More than that, there's much better ways of doing that.

680
00:49:21,227 --> 00:49:21,667
Don't go out.

681
00:49:22,007 --> 00:49:24,007
No, grandma, don't go out.

682
00:49:24,487 --> 00:49:25,447
That's what I told my mom.

683
00:49:25,547 --> 00:49:27,427
I said, look, are you really scared of COVID?

684
00:49:28,227 --> 00:49:31,387
And if you are, you can literally press a button on your computer

685
00:49:31,387 --> 00:49:32,887
and food arrives at your door.

686
00:49:33,387 --> 00:49:34,647
You can, you know, you can do it.

687
00:49:34,947 --> 00:49:39,107
The whole world is set up for you not to want to go out.

688
00:49:39,207 --> 00:49:40,427
You don't have to expose yourself.

689
00:49:40,447 --> 00:49:41,327
But it's your preference.

690
00:49:41,887 --> 00:49:42,067
Yes.

691
00:49:42,067 --> 00:50:05,507
But if you've got a minority preference, it's crushed. If you've got a majority preference, it's enforced. That's democracy. And it doesn't just work at the voting booth. It works in the societal zeitgeist. We went through, in an extreme, an enforced world that was optimized around about a 65-year-old who's got a pension.

692
00:50:05,507 --> 00:50:10,627
that was the perfect for them stay at home and your restaurants are subsidized but you stay at

693
00:50:10,627 --> 00:50:15,167
home because your work you're big enough in your hierarchy to make living out of your box in your

694
00:50:15,167 --> 00:50:20,047
house viable and probably get more money and you don't like commutes anymore because you're not

695
00:50:20,047 --> 00:50:26,127
that you know what you know it was it completely clipped much more fitted suit around the average

696
00:50:26,127 --> 00:50:31,487
voter and it wasn't voted on but it was enforced societally because most people in the village

697
00:50:31,487 --> 00:50:33,287
sort of liked being locked in.

698
00:50:34,007 --> 00:50:36,487
It was like a day off at school when the pipes burst.

699
00:50:37,007 --> 00:50:39,087
And they're like, yeah, well, I've still got my mortgage

700
00:50:39,087 --> 00:50:42,187
and I'll still pay it off because this company let me remote in.

701
00:50:42,287 --> 00:50:44,827
Well, and then a load of free money came through the door as well.

702
00:50:44,847 --> 00:50:46,407
Yeah, but guess who died? The working man.

703
00:50:47,787 --> 00:50:48,847
You can't go out, why?

704
00:50:49,307 --> 00:50:51,567
I fix pipes, I put electrical stuff in.

705
00:50:51,727 --> 00:50:52,827
No, that's not a key worker.

706
00:50:53,107 --> 00:50:53,827
Oh, great, okay.

707
00:50:54,347 --> 00:50:57,147
Am I only a key worker at the end of the tax year then?

708
00:50:57,447 --> 00:50:57,807
Yeah.

709
00:50:58,867 --> 00:51:00,887
Yeah, because you pay for all the key workers.

710
00:51:00,887 --> 00:51:06,787
well if i pay for all the key workers aren't either key worker well yeah but that won't be

711
00:51:06,787 --> 00:51:12,667
borne out in truth for five years so the argument today is you stay at home and if not get the

712
00:51:12,667 --> 00:51:18,527
policing and if you moan about it on social media we'll we'll spike that and then all the things that

713
00:51:18,527 --> 00:51:24,467
were argued about and enforced during that period of crisis have turned out to be true the origin of

714
00:51:24,467 --> 00:51:30,147
the virus the lack of effectiveness of masks the total insanity of lockdowns the total insanity of

715
00:51:30,147 --> 00:51:36,867
vaccinations that didn't have tests and have no legal basis and were issued under emergency use

716
00:51:36,867 --> 00:51:42,307
that that that was insanity and it only suited one section of society

717
00:51:42,307 --> 00:51:48,107
that looks niche until you check the demographic table and then you go ah fuck mate this is

718
00:51:48,847 --> 00:51:54,787
half the voting base and it's at least half of the economy because that's where all everyone

719
00:51:54,787 --> 00:52:01,887
owns their assets stocks bonds and houses are all with people who've kind of hit the prime five

720
00:52:01,887 --> 00:52:07,647
ten years ago and and like gliding out and are about to retire but the problem is they've not

721
00:52:07,647 --> 00:52:12,507
all put money aside for themselves that they think got half a million pound to a million pound house

722
00:52:12,507 --> 00:52:18,907
everyone's going to sell their houses at the same time to fund their retirement and it's all done

723
00:52:18,907 --> 00:52:24,787
one there and there's no one to buy them it's interesting that's just happened to someone in

724
00:52:24,787 --> 00:52:29,647
my neighborhood so they decided to sell because the cost of living was higher than they planned for

725
00:52:29,647 --> 00:52:34,707
and then they go to the market they don't get the price they want they go down 20 no they didn't sell

726
00:52:34,707 --> 00:52:42,807
this is the thing i think this is another i think this is another um another quality of those kind

727
00:52:42,807 --> 00:52:50,007
people is if their house was worth a million and now it's only worth 600 they won't sell

728
00:52:50,007 --> 00:52:54,707
they'll go no because all they've ever known is oh it'll be you know it's it's worth a million

729
00:52:54,707 --> 00:52:59,967
though it's worth a million there's two examples of other asset holders that suffer the same problem

730
00:52:59,967 --> 00:53:06,707
one is the old-fashioned lords like the old like lord of berkshire or whatever cash poor there's a

731
00:53:06,707 --> 00:53:10,807
great mini series from 20 years ago called i think it's called like meet the fucking burtons or

732
00:53:10,807 --> 00:53:15,647
something it's something like that like the fucking someone no the fucking full fulbright

733
00:53:15,647 --> 00:53:21,067
something like that yeah my friends they run a party at their mansion right every year and it

734
00:53:21,067 --> 00:53:26,987
goes huge yeah it's something like that and they're like every second way is a fuck they're

735
00:53:26,987 --> 00:53:32,307
incredibly interesting people but their life consisted of rinsing a 10 million pound estate

736
00:53:32,307 --> 00:53:37,847
for pennies to pay for the roof and pay for the electric right yeah so that's one example

737
00:53:37,847 --> 00:53:43,967
is this asset rich cash poor what where else can we see examples of that without having to argue

738
00:53:43,967 --> 00:53:49,407
it theoretically one is like lords old landowners that are subject to tax and the other one's farmers

739
00:53:49,407 --> 00:53:56,247
same thing right just had their capital gains cranked two days after that farmer takes himself

740
00:53:56,247 --> 00:54:04,127
out and shoots himself so these are the two areas this is happening because of the looting

741
00:54:04,127 --> 00:54:10,927
of people where does the violence yield the most farmers are a minority at the voting booth

742
00:54:10,927 --> 00:54:17,327
they're not loved they're not respected and they they have assets that can be liquidated

743
00:54:17,327 --> 00:54:23,767
readily so they of course are subject to inheritance tax there's loads of places you

744
00:54:23,767 --> 00:54:28,807
can just move the goalposts landlords are a good one so someone in the property boom

745
00:54:28,807 --> 00:54:36,267
buys five houses, remortgages and buys 10, then the law changes. Now you're not allowed to claim

746
00:54:36,267 --> 00:54:41,147
your bank interest back against your landlord loans. That changes the business model. And now

747
00:54:41,147 --> 00:54:46,327
everybody who is running into rent is now running out to liquidate. As the tenant laws get stricter,

748
00:54:46,507 --> 00:54:51,047
where the tenant has stronger property rights than the landlord, and the landlord's costs and

749
00:54:51,047 --> 00:54:55,887
their business model was changed at the DNA level. And it creates huge liquidations. So you get these

750
00:54:55,887 --> 00:55:01,687
big breeds in in assets and the big breeds out changing on the rules and the boomers aren't going

751
00:55:01,687 --> 00:55:08,967
to be any different from that they've not got enough money collectively to pay for the next

752
00:55:08,967 --> 00:55:14,847
20 years of their life and their error term is to put it on their subsequent generations

753
00:55:14,847 --> 00:55:21,207
it's not a matter of will there's two three boomers and their needs for every productive

754
00:55:21,207 --> 00:55:29,147
taxpayer in society as things are there's not enough people to throw into a collectivist economy

755
00:55:29,147 --> 00:55:35,987
to pay for what's already assumed to be had in this generation so it's a hell of a place to

756
00:55:35,987 --> 00:55:43,027
open up a business no but what do you think is going to happen then like the the only the only

757
00:55:43,027 --> 00:55:51,007
obvious result is a default isn't it no and and well you you like a like i hate to say it but a

758
00:55:51,007 --> 00:55:57,507
reset a great reset of some description yeah but what form does that take is it an inflationary

759
00:55:57,507 --> 00:56:03,067
yes or a bitcoin standard no there's two there's two bitcoin and gold or inflation right it's an

760
00:56:03,067 --> 00:56:08,987
unsustainable situation right it cannot exist in the same place in space and time forever this

761
00:56:08,987 --> 00:56:14,527
where we're in it will go somewhere right it's like a cake baking you can't unbake it and you

762
00:56:14,527 --> 00:56:19,927
can't leave it in there forever it's it's temporary right is that your own anecdote i suppose it is

763
00:56:19,927 --> 00:56:20,427
day up

764
00:56:20,427 --> 00:56:22,827
but it's like that right

765
00:56:22,827 --> 00:56:23,967
but what I mean is

766
00:56:23,967 --> 00:56:24,507
we can't

767
00:56:24,507 --> 00:56:25,407
it's not a physical

768
00:56:25,407 --> 00:56:26,107
reaction

769
00:56:26,107 --> 00:56:27,307
it's a chemical reaction

770
00:56:27,307 --> 00:56:28,207
it's something

771
00:56:28,207 --> 00:56:28,587
that is

772
00:56:28,587 --> 00:56:29,547
it started

773
00:56:29,547 --> 00:56:30,487
and it's got

774
00:56:30,487 --> 00:56:31,067
it's got

775
00:56:31,067 --> 00:56:32,547
and its end

776
00:56:32,547 --> 00:56:34,567
is not there yet

777
00:56:34,567 --> 00:56:35,847
and we can't keep

778
00:56:35,847 --> 00:56:36,487
things the same

779
00:56:36,487 --> 00:56:37,967
and

780
00:56:37,967 --> 00:56:38,987
in money

781
00:56:38,987 --> 00:56:39,747
it's inflation

782
00:56:39,747 --> 00:56:40,347
or deflation

783
00:56:40,347 --> 00:56:41,427
they're your options

784
00:56:41,427 --> 00:56:42,167
and both

785
00:56:42,167 --> 00:56:43,067
tracks

786
00:56:43,067 --> 00:56:43,867
peel away

787
00:56:43,867 --> 00:56:44,667
from what you thought

788
00:56:44,667 --> 00:56:45,327
you were going to get

789
00:56:45,327 --> 00:56:46,547
which was always a lie

790
00:56:46,547 --> 00:56:47,347
because it's paper

791
00:56:47,347 --> 00:56:48,567
and it will go

792
00:56:48,567 --> 00:56:49,267
inflation

793
00:56:49,267 --> 00:56:49,907
and it will go

794
00:56:49,927 --> 00:56:53,987
and all the way back to zero, where the tokens aren't just worth anything.

795
00:56:54,607 --> 00:56:58,767
Or it'll go deflation, where the tokens are scarce,

796
00:56:59,187 --> 00:57:04,727
because you're starting to pay debt with the open amounts of cash that kept the economy liquid.

797
00:57:05,527 --> 00:57:08,567
And there's not enough cash to cover the debt pile.

798
00:57:09,227 --> 00:57:11,507
I don't mean not enough cash like, oh, we can't make ends meet.

799
00:57:11,507 --> 00:57:17,807
I mean, there isn't enough dollars total in the system to pay the debt off.

800
00:57:18,147 --> 00:57:19,287
Not even by a third.

801
00:57:19,927 --> 00:57:27,947
By the time you've got into the first third of your debt pay down, there is not a single brass cent in the economy to buy milk.

802
00:57:29,407 --> 00:57:30,687
They're the two ways out.

803
00:57:31,387 --> 00:57:32,307
That's where it gets to.

804
00:57:32,307 --> 00:57:38,347
What does that look like for somebody earning 40 grand a year?

805
00:57:38,567 --> 00:57:38,967
Terrifying.

806
00:57:39,267 --> 00:57:42,807
Because it's like breathing without feeling like you're running out of breath.

807
00:57:42,827 --> 00:57:43,947
What would you advise them to do?

808
00:57:43,947 --> 00:57:45,407
like how did

809
00:57:45,407 --> 00:57:46,627
say you're working

810
00:57:46,627 --> 00:57:47,387
you know

811
00:57:47,387 --> 00:57:47,827
I think the

812
00:57:47,827 --> 00:57:48,947
the median wage

813
00:57:48,947 --> 00:57:49,367
in the UK

814
00:57:49,367 --> 00:57:50,187
is about 35

815
00:57:50,187 --> 00:57:51,327
or 40,000 a year

816
00:57:51,327 --> 00:57:51,587
right

817
00:57:51,587 --> 00:57:53,267
say you're living

818
00:57:53,267 --> 00:57:53,767
in a house

819
00:57:53,767 --> 00:57:54,287
you've got a

820
00:57:54,287 --> 00:57:54,887
thousand pound

821
00:57:54,887 --> 00:57:55,787
a month mortgage

822
00:57:55,787 --> 00:57:56,927
your kid

823
00:57:56,927 --> 00:57:57,687
two kids

824
00:57:57,687 --> 00:57:58,567
you know

825
00:57:58,567 --> 00:57:59,487
what do you do

826
00:57:59,487 --> 00:58:00,927
to future proof

827
00:58:00,927 --> 00:58:01,327
yourself

828
00:58:01,327 --> 00:58:05,947
get philosophy

829
00:58:05,947 --> 00:58:06,967
like just read

830
00:58:06,967 --> 00:58:07,667
read the Bible

831
00:58:07,667 --> 00:58:07,927
or something

832
00:58:07,927 --> 00:58:08,307
I don't know

833
00:58:08,307 --> 00:58:08,707
what to get

834
00:58:08,707 --> 00:58:09,087
I don't know

835
00:58:09,087 --> 00:58:10,647
read the Bible

836
00:58:10,647 --> 00:58:11,247
I don't know

837
00:58:11,247 --> 00:58:11,467
mate

838
00:58:11,467 --> 00:58:12,927
it's not a good

839
00:58:12,927 --> 00:58:13,907
position to be in

840
00:58:13,956 --> 00:58:21,716
there must be something i mean you would probably say i mean well you might not even say that but

841
00:58:21,716 --> 00:58:26,196
sell your house yeah put it into bitcoin i'm not i don't i wouldn't give advice to someone like that

842
00:58:26,196 --> 00:58:30,916
i wouldn't give that advice it's probably the right thing for them to do but it's

843
00:58:30,916 --> 00:58:36,676
giving the advice it's as an observer effect it achieves usually the opposite this is a triage

844
00:58:36,676 --> 00:58:43,936
situation there's there's casualties that won't be reached and it's ugly it's it's ugly stuff it's

845
00:58:43,936 --> 00:58:45,016
It's intimidating.

846
00:58:46,176 --> 00:58:48,616
And you're down to this.

847
00:58:48,736 --> 00:58:52,836
It sounds gross, but you're down to hope and you're down to courage

848
00:58:52,836 --> 00:58:57,116
and trying to do the right thing and trying to really work hard

849
00:58:57,116 --> 00:58:58,736
on what the right thing is.

850
00:58:59,476 --> 00:59:01,916
But, I mean, if you look at other countries that have been through

851
00:59:01,916 --> 00:59:08,016
inflationary times recently, like Argentina, you know,

852
00:59:08,256 --> 00:59:09,796
they're coming out the other side, aren't they?

853
00:59:09,796 --> 00:59:15,856
yeah but only after they realized the full whirlwind of ignoring it but but they did live

854
00:59:15,856 --> 00:59:19,636
through it they lived through it well some people live through it mate i mean there is a survival

855
00:59:19,636 --> 00:59:23,216
ship a survivorship bias and all this stuff like there's a lot of people buried in the ground that

856
00:59:23,216 --> 00:59:27,636
aren't going to vote next year that definitely suffered for the decisions of the state and

857
00:59:27,636 --> 00:59:33,316
continue to and it doesn't have to be a big bang and it doesn't have to be a big revolution

858
00:59:33,316 --> 00:59:39,756
we can just rot we could just sit and rot this this the way things went over covid felt

859
00:59:39,756 --> 00:59:45,536
like an open nursing home it felt like the nursing home model turned inside out and became the public

860
00:59:45,536 --> 00:59:51,416
that's what it felt like it felt like being in an open air nursing home with rules that didn't

861
00:59:51,416 --> 00:59:57,936
exist before and conditions for things that don't exist outside i don't see any reason why if there's

862
00:59:57,936 --> 01:00:04,596
a majority of people that will have that done that can enforce it but what was different about

863
01:00:04,596 --> 01:00:11,496
covid and will be different in the next crisis is that the people who are politically ubiquitous

864
01:00:11,496 --> 01:00:17,716
the people that can win votes are not also the people that produce the value and tax the system

865
01:00:17,716 --> 01:00:24,616
they're not they're now claimants net they're not also the biggest taxpayer but they're going to

866
01:00:24,616 --> 01:00:30,156
want stuff and the main taxpayer is not going to want it they're not going to want to fund pensions

867
01:00:30,156 --> 01:00:31,136
that weren't on the books.

868
01:00:31,436 --> 01:00:34,656
They're not going to want to fund interest on debt

869
01:00:34,656 --> 01:00:36,556
for things that have been eaten and consumed

870
01:00:36,556 --> 01:00:37,676
by another generation.

871
01:00:38,336 --> 01:00:40,836
But do they even get a say in that though?

872
01:00:41,696 --> 01:00:42,656
Well, this is what's interesting

873
01:00:42,656 --> 01:00:43,956
because now something has to break.

874
01:00:44,476 --> 01:00:47,616
The productive economy has an incentive of one thing

875
01:00:47,616 --> 01:00:51,616
and the democratic system has an incentive to the other.

876
01:00:52,656 --> 01:00:54,056
And that will be a bigger fight

877
01:00:54,056 --> 01:00:56,616
than when both groups were the same

878
01:00:56,616 --> 01:00:58,696
because you can enforce in economics

879
01:00:58,696 --> 01:01:03,836
what you agree in politics while you're both but as a generation that has to retire and wants to

880
01:01:03,836 --> 01:01:11,536
retire they're losing the veto power of the economy they're asking you to do it and you have

881
01:01:11,536 --> 01:01:15,936
an option you either go with it or you don't or you square the circle and you do a bit of it

882
01:01:15,936 --> 01:01:20,776
in china the young people there just don't work they've got a phrase for it lie flat

883
01:01:20,776 --> 01:01:28,616
so like unemployment in china youth unemployment super high all the baby boomers still very

884
01:01:28,616 --> 01:01:33,476
productive still think everything's fine the youngest then well i'm just not going out the

885
01:01:33,476 --> 01:01:38,916
door i'm not working that hard for this little so i'm just going to stay flat that's kind of

886
01:01:38,916 --> 01:01:47,556
happening here yeah since covid people are not going back to work you know or or just not doing

887
01:01:47,556 --> 01:01:54,476
low-paid jobs because yeah what's the point if you're taking if 60 of your burger flipping time

888
01:01:54,476 --> 01:01:57,176
is given back to people you never meet,

889
01:01:57,776 --> 01:01:58,836
not the same age as,

890
01:01:58,936 --> 01:02:00,556
and don't agree with on most things.

891
01:02:00,976 --> 01:02:01,836
You're a slave.

892
01:02:02,676 --> 01:02:04,296
She's licking my toe, by the way.

893
01:02:04,416 --> 01:02:05,896
He, he's licking your toe.

894
01:02:06,816 --> 01:02:07,836
He must have a nice taste.

895
01:02:07,836 --> 01:02:08,756
What the hell is on there?

896
01:02:08,916 --> 01:02:09,396
Sorry, go on.

897
01:02:09,416 --> 01:02:10,556
Must be something tasty on there.

898
01:02:12,236 --> 01:02:13,436
He's just getting a bit fed up.

899
01:02:13,436 --> 01:02:15,036
I know, lie down, lie down.

900
01:02:15,196 --> 01:02:16,056
Come on, this is interesting.

901
01:02:16,436 --> 01:02:18,376
But I know it's all quite cynical

902
01:02:18,376 --> 01:02:20,376
and it can be considered divisive

903
01:02:20,376 --> 01:02:22,396
because you're comparing one generation to another,

904
01:02:22,496 --> 01:02:23,216
but that's economics.

905
01:02:23,216 --> 01:02:29,436
look you can't have a system that runs on majority vote and then not make generalizations about the

906
01:02:29,436 --> 01:02:35,536
nature of those voters as categories and preferences it's it's how it's been the boomers

907
01:02:35,536 --> 01:02:42,876
have had their political wishes granted and they were terrible ideas they were abandonment of

908
01:02:42,876 --> 01:02:50,956
principles abandonment of solid money abandonment of freedom and a sense of fair play and now they

909
01:02:50,956 --> 01:02:54,456
want everyone to pay for them when they become the least productive i don't think of anyone

910
01:02:54,456 --> 01:03:01,276
i've heard anyone frame it like that frame it as i know that it's framed in general as that

911
01:03:01,276 --> 01:03:07,236
but not that it was a generation it happened in one generation kind of thing all it is i mean are

912
01:03:07,236 --> 01:03:13,656
we talking since 71 is this another what the fuck happened in 1971 look we can pull up some accurate

913
01:03:13,656 --> 01:03:18,556
census data of these countries and you'll see that like the majority the median person in the

914
01:03:18,556 --> 01:03:20,396
UK is about 55, 55, 60.

915
01:03:20,576 --> 01:03:21,556
I didn't even know that.

916
01:03:21,976 --> 01:03:24,036
Why don't I see more people everywhere like me then?

917
01:03:24,756 --> 01:03:25,696
Maybe I'm looking at the wrong places.

918
01:03:25,696 --> 01:03:26,256
You probably do.

919
01:03:26,616 --> 01:03:27,396
How old are you?

920
01:03:27,836 --> 01:03:28,976
I'm coming up for 40.

921
01:03:29,296 --> 01:03:29,656
Really?

922
01:03:30,036 --> 01:03:30,336
Yeah.

923
01:03:30,596 --> 01:03:31,536
How old do you think I was?

924
01:03:31,876 --> 01:03:32,356
I don't know.

925
01:03:32,456 --> 01:03:33,696
I don't know how old anyone is.

926
01:03:33,696 --> 01:03:35,316
I don't really assign.

927
01:03:35,596 --> 01:03:39,776
I've never felt much different since my late 30s.

928
01:03:39,796 --> 01:03:42,616
If I'm meeting a 60-year-old British bloke, right,

929
01:03:43,076 --> 01:03:44,296
and they're a bitcoiner and all the rest of it,

930
01:03:44,316 --> 01:03:45,676
I don't think, boomer.

931
01:03:46,976 --> 01:03:47,296
Good.

932
01:03:47,636 --> 01:03:48,016
You know what I mean?

933
01:03:48,016 --> 01:03:49,876
it's collective responsibility.

934
01:03:51,096 --> 01:03:53,976
If you do things in a movement

935
01:03:53,976 --> 01:03:56,196
that achieved a group aim,

936
01:03:56,616 --> 01:03:58,336
you're not individually responsible, man.

937
01:03:58,776 --> 01:04:01,116
But you are responsible to the degree

938
01:04:01,116 --> 01:04:03,676
divided by the number of people that went along

939
01:04:03,676 --> 01:04:04,916
or went for this preference

940
01:04:04,916 --> 01:04:07,516
or cared conveniently less about something

941
01:04:07,516 --> 01:04:08,816
in terms of medical freedom

942
01:04:08,816 --> 01:04:11,756
when it was in their interest not to care

943
01:04:11,756 --> 01:04:14,096
or they secretly liked the idea

944
01:04:14,096 --> 01:04:15,956
that everyone's getting a lick of the same paint.

945
01:04:15,956 --> 01:04:20,616
so what do you think they should have done at that moment should they have thought to themselves

946
01:04:20,616 --> 01:04:26,196
been a bit more humble i've had a good run let's do this for the youngsters would that have been

947
01:04:26,196 --> 01:04:35,076
the correct response as an individual you've got to take the animosity out of it i i i don't have

948
01:04:35,076 --> 01:04:40,996
value judgments against individual boomers what i'm we're trying to look into the future and make

949
01:04:40,996 --> 01:04:46,916
plans and we're looking at a future that's volatile and diagnosing it is about taking the

950
01:04:46,916 --> 01:04:53,416
data and characterizing it and seeing what in that information picture can we use to make decisions

951
01:04:53,416 --> 01:05:02,696
and the age split on demographics particularly now is quite stark and it can be used to explain

952
01:05:02,696 --> 01:05:08,436
how we got to where we have got to in the lifetime of these people and therefore it can be used to

953
01:05:08,436 --> 01:05:15,236
make fairly good estimates about what's going to happen from this point forward that's all

954
01:05:15,236 --> 01:05:21,836
it's not therefore the boomers we all need to go out and give them a bad time no we do not need to

955
01:05:21,836 --> 01:05:28,876
do and do that but we can plan around the tides and we can plan around the sun and we can plan

956
01:05:28,876 --> 01:05:35,976
around a generation that is heavy in its age brackets and its preferences which is big it's

957
01:05:35,976 --> 01:05:42,796
big the the split between that age bracket economically and the rest is stark it's not

958
01:05:42,796 --> 01:05:50,016
linear and the amount of those people which is the nominal root of democracy is the number of

959
01:05:50,016 --> 01:05:54,876
hands that go up in favor or against something is also a majority of this age bracket so they

960
01:05:54,876 --> 01:05:59,736
at a minimum they draw my attention and they can be used you can overweight them in their

961
01:05:59,736 --> 01:06:05,956
preferences to expect what you could see from the public while they are so big but they're not

962
01:06:05,956 --> 01:06:13,636
around forever and they're changing constantly when they were young it was free sex free drugs

963
01:06:13,636 --> 01:06:21,796
smoking weed at the festivals 70s harder drugs uh normalization of divorce start of it

964
01:06:21,796 --> 01:06:30,896
repudiation of religion this was the atheist start right 80s secure the bag get the job

965
01:06:30,896 --> 01:06:37,696
straighten out, marry the wife, marry the girlfriend, get the mortgage, securitize everything.

966
01:06:38,416 --> 01:06:45,456
That was Thatcher era, pushing on to Tony Blair era, the luxury socialists. I secured my bag when

967
01:06:45,456 --> 01:06:50,836
Thatcher was in. Most of the mortgage is paid off. Now I'm going to be generous with everybody else.

968
01:06:51,416 --> 01:06:55,396
And now it's, now we've all secured the bag and we're not scared. We've had, we've been rich.

969
01:06:55,396 --> 01:07:01,416
we've had free sex free drugs we broke all those rules then we secured the bag with small government

970
01:07:01,416 --> 01:07:06,296
now we're going to give it all up to the globalists because where our habitat is secure we can give

971
01:07:06,296 --> 01:07:11,496
the rest away and the kids can get babysat while we go on holiday you know it's this kind of stuff

972
01:07:11,496 --> 01:07:18,876
and now now where are we with this gang 2000s total loss of right and wrong as a result of

973
01:07:18,876 --> 01:07:23,636
all the other principles that kind of got eroded and undermined right and now it's like what the

974
01:07:23,636 --> 01:07:28,436
fuck his gold back money doesn't even what was that that was must have been in between my weed

975
01:07:28,436 --> 01:07:35,716
days and my heroin days to the booms right and now it's like i will just let it run you know let

976
01:07:35,716 --> 01:07:40,876
it run we're going to be the informal grandparent generation we're going to be the skateboard over

977
01:07:40,876 --> 01:07:47,216
the back we gave it we blew it we gave everything away after we ate what we could and now we're all

978
01:07:47,216 --> 01:07:52,936
sick so we gotta look after us because we put the massive one is we put in so we take out say hang

979
01:07:52,936 --> 01:07:55,916
John, in your lifetimes, collectively, boomers,

980
01:07:56,516 --> 01:08:01,576
you went from surpluses and manufacturing economy, right,

981
01:08:02,316 --> 01:08:07,336
to massive national debt that's double or triple the size of our defence budget,

982
01:08:07,516 --> 01:08:10,056
our ability to fight for our place in the world.

983
01:08:10,656 --> 01:08:15,236
Three times that budget, three times that amount to pay soldiers and buy guns,

984
01:08:15,896 --> 01:08:19,196
two to three times of it is the interest-only element

985
01:08:19,196 --> 01:08:21,856
of the debt that's been run up since the 60s.

986
01:08:22,936 --> 01:08:31,616
right and you see an arc of a human being you see the end of the war freedom everything well

987
01:08:31,616 --> 01:08:36,856
the war's won everything's fine now we can relax we need materials we need quick stuff we need

988
01:08:36,856 --> 01:08:42,496
plastics we need gadgets the economy's open again we don't have to make bullets we can make toys

989
01:08:42,496 --> 01:08:50,176
we can make gizmos convenience items consumer goods now we get to computers that's making things

990
01:08:50,176 --> 01:08:56,116
easier making things more efficient and the states grew alongside this apathy it's always

991
01:08:56,116 --> 01:09:04,016
grown alongside it and it's we're at the end of this arc 50 60 70 80 they're not around and

992
01:09:04,016 --> 01:09:07,756
they're not going to vote that way and they're different from when they started like i said

993
01:09:07,756 --> 01:09:11,776
it's a good movie that'll show you like the way the arc of a boomer would be forrest gump

994
01:09:11,776 --> 01:09:16,896
believe it or not when you see the the the points of his life that he goes along

995
01:09:16,896 --> 01:09:19,276
Vietnam War and the anti-war

996
01:09:19,276 --> 01:09:21,316
these boomers they're not anti-war anymore

997
01:09:21,316 --> 01:09:23,496
they're Ukraine flagged in the front garden

998
01:09:23,496 --> 01:09:24,676
and banging pots

999
01:09:24,676 --> 01:09:26,876
so they've changed

1000
01:09:26,876 --> 01:09:28,676
they're very collective aren't they as well

1001
01:09:28,676 --> 01:09:30,936
you would be collective if you're part of

1002
01:09:30,936 --> 01:09:33,276
if you are part of a set of preferences

1003
01:09:33,276 --> 01:09:34,316
where you're the majority

1004
01:09:34,316 --> 01:09:36,416
everything you think is true

1005
01:09:36,416 --> 01:09:38,376
because you can just enforce it with money

1006
01:09:38,376 --> 01:09:40,956
but also I think part one of the reasons people are

1007
01:09:40,956 --> 01:09:43,096
collective is because they're not competitive

1008
01:09:43,096 --> 01:09:44,976
I think that's a

1009
01:09:44,976 --> 01:09:47,976
That's a very natural response to being not very competitive.

1010
01:09:47,976 --> 01:09:51,956
Natural is the right word because where in nature are things not competitive,

1011
01:09:52,496 --> 01:09:56,676
it's when there's more resources than there are animals and it's open.

1012
01:09:57,276 --> 01:09:59,116
There's an unlimited amount of space to move into.

1013
01:09:59,996 --> 01:10:01,936
And we're at the end of that with these boomers.

1014
01:10:01,936 --> 01:10:05,016
They made an economy for themselves, served themselves quickly,

1015
01:10:05,176 --> 01:10:07,896
put it on a tab, some of it, and the rest,

1016
01:10:08,816 --> 01:10:11,336
we're going to have to bear the full cost of their lives

1017
01:10:11,336 --> 01:10:13,096
to the degree they've not saved for themselves,

1018
01:10:13,096 --> 01:10:19,796
plus the debt of what they've consumed along the way all right describe the person who will

1019
01:10:19,796 --> 01:10:28,836
see out this next say 25 year period successfully i don't think it's in the control of anybody

1020
01:10:28,836 --> 01:10:35,576
no but who's positioned well for example i was trying to trying to find out if you had any advice

1021
01:10:35,576 --> 01:10:41,796
so you haven't so who's positioned who's positioned well describe the person who's

1022
01:10:41,796 --> 01:10:43,336
positioned well for the next

1023
01:10:43,336 --> 01:10:45,036
part of history?

1024
01:10:48,316 --> 01:10:49,796
You can use yourself if you want.

1025
01:10:50,576 --> 01:10:51,536
I'd avoid that.

1026
01:10:51,676 --> 01:10:53,776
I mean, are you positioned well, do you think? We'll find out,

1027
01:10:53,816 --> 01:10:55,816
won't we? That's how I feel about

1028
01:10:55,816 --> 01:10:57,676
it, is that everybody's got to make their own

1029
01:10:57,676 --> 01:10:59,096
preparations as best they can.

1030
01:10:59,796 --> 01:11:00,816
And I know that sounds like

1031
01:11:00,816 --> 01:11:03,856
quite a foreboding thing to say,

1032
01:11:03,856 --> 01:11:05,956
but it's just to take a fact that we've lived

1033
01:11:05,956 --> 01:11:07,656
my... I've come up for 40s, you know,

1034
01:11:07,736 --> 01:11:10,136
things have been quite stable.

1035
01:11:10,136 --> 01:11:15,576
even when they've been unstable they've been unstable in predictable ways and i don't think

1036
01:11:15,576 --> 01:11:21,376
we can enjoy that in this next section it's to acknowledge what we don't know and to acknowledge

1037
01:11:21,376 --> 01:11:26,296
that the volatility we've saved ourselves and the stress and hardships we've saved ourselves

1038
01:11:26,296 --> 01:11:31,416
are being stored up for something and it will come back and it will come back unfairly and it

1039
01:11:31,416 --> 01:11:38,516
will come back unevenly and it's better to just not try and think that you can make a plan that

1040
01:11:38,516 --> 01:11:43,356
indemnifies you completely against your environment but to accept some of it as the

1041
01:11:43,356 --> 01:11:48,396
cut and thrust of a normal human life to make conflicts and to get into scrapes and try and

1042
01:11:48,396 --> 01:11:55,036
survive most stuff you try and do if it's too easy to the point you don't think you're risking much

1043
01:11:55,036 --> 01:12:02,216
on it it's not fulfilling and if you push too hard and you're reckless and you're probably you

1044
01:12:02,216 --> 01:12:07,936
know not not really taking into account how dangerous things are going to get and it's just

1045
01:12:07,936 --> 01:12:10,896
just bed in and sort of say this,

1046
01:12:11,116 --> 01:12:15,196
there are situations when we keep continually compounding and doing stupid

1047
01:12:15,196 --> 01:12:20,016
shit where the choices we have after that are all worse than the choices we had

1048
01:12:20,016 --> 01:12:22,896
10 years ago or 20 years ago. And I think we're there.

1049
01:12:23,856 --> 01:12:26,816
My, my, I wouldn't give advice at the moment.

1050
01:12:27,816 --> 01:12:33,136
I just wouldn't, but I wouldn't say I'm completely despondent.

1051
01:12:33,596 --> 01:12:35,536
I think there's always a best thing to do,

1052
01:12:35,536 --> 01:12:39,576
but you've got to kind of leave that one out of six on the dice to things just

1053
01:12:39,576 --> 01:12:40,396
not going your way,

1054
01:12:40,716 --> 01:12:54,018
getting caught up in something or being particularly affected by something as an individual more than your share And that totally okay and actually by the way that how most of the world lives we just been a kind of protected

1055
01:12:54,018 --> 01:12:58,018
from it for a while so it's just to kind of brace a little bit for sort of anything

1056
01:12:58,018 --> 01:13:04,518
and volatility is volatile like if you can guess that something's going to be volatile

1057
01:13:04,518 --> 01:13:09,818
you can prepare for it better than having a definition of what will happen in its exactness

1058
01:13:09,818 --> 01:13:17,638
If you know it's just going to be generally uncertain, you can make decisions that expose you positively to general uncertainty.

1059
01:13:17,938 --> 01:13:20,358
Just be more sensible, be a bit more self-sufficient.

1060
01:13:21,398 --> 01:13:26,678
I think that it starts with everybody about coming back to having an identity.

1061
01:13:27,238 --> 01:13:35,138
I think whether you've got 40 grand a year or a million pound a year, everybody has a sense of emptiness if they haven't got an authentic identity.

1062
01:13:35,138 --> 01:13:38,238
and I think that no matter what position you are in life,

1063
01:13:38,298 --> 01:13:41,518
you need to go back to what you are and define it

1064
01:13:41,518 --> 01:13:44,478
and decide in advance what you're prepared to do

1065
01:13:44,478 --> 01:13:45,878
to be loyal to that

1066
01:13:45,878 --> 01:13:48,858
and what you're prepared to do to change

1067
01:13:48,858 --> 01:13:50,718
or that you won't defend.

1068
01:13:51,778 --> 01:13:54,158
And that's a mindset that's free to get.

1069
01:13:55,078 --> 01:13:56,018
It has to be authentic

1070
01:13:56,018 --> 01:13:57,918
and it can carry you a very long way.

1071
01:13:59,298 --> 01:14:00,878
It sounds like shit advice,

1072
01:14:01,018 --> 01:14:04,358
but that is actually a really doable thing

1073
01:14:04,358 --> 01:14:06,538
and it's always improving.

1074
01:14:07,158 --> 01:14:08,658
And then at least when you make mistakes

1075
01:14:08,658 --> 01:14:09,558
or the world's unfair,

1076
01:14:09,658 --> 01:14:11,538
at least you're doing it along an authentic arc

1077
01:14:11,538 --> 01:14:14,058
where your actions are what you feel

1078
01:14:14,058 --> 01:14:18,238
and you're doing it at a scale that's risky and hard.

1079
01:14:18,938 --> 01:14:21,398
You've already won, no matter what happens.

1080
01:14:22,198 --> 01:14:24,578
Isn't that what Jordan Peterson would call

1081
01:14:24,578 --> 01:14:25,678
the meaning in your life?

1082
01:14:26,438 --> 01:14:26,998
Same thing.

1083
01:14:27,338 --> 01:14:28,918
Yeah, I think he's captured a good section

1084
01:14:28,918 --> 01:14:29,898
of what I'm talking about,

1085
01:14:30,478 --> 01:14:33,118
is that people drift when you adapt collectively

1086
01:14:33,118 --> 01:14:37,098
to a thing that you're not really sure about, it's just where everyone else is going, you've robbed

1087
01:14:37,098 --> 01:14:42,058
yourself of your identity. And a quick way is just to get back to what are you scared of? What do you

1088
01:14:42,058 --> 01:14:47,898
care about? We've done it. What scares the shit out of you individually is normally a good indicator

1089
01:14:47,898 --> 01:14:53,518
of what you need to work on next. And if it's a general sense of unease, work on a general sense

1090
01:14:53,518 --> 01:14:59,738
of preparedness. If it's a specific thing that you're not gripping, focus on it. And in the

1091
01:14:59,738 --> 01:15:03,238
focusing of it you either realize it's not that big of a deal because you've looked into it and

1092
01:15:03,238 --> 01:15:08,638
it's not a big deal or it is and you've got to adapt to it and that can fit into any walk of life

1093
01:15:08,638 --> 01:15:13,098
from whatever station in politics or ever you disagree or agree with anything of what i've said

1094
01:15:13,098 --> 01:15:19,038
do it from an identity where you were born who did you grow up with what are your experiences

1095
01:15:19,038 --> 01:15:24,298
what are you weak on what do you think you're competitive on that's a good start because then

1096
01:15:24,298 --> 01:15:29,238
no matter what happens out there you don't need to pre-plan it and you don't need to be a future

1097
01:15:29,238 --> 01:15:34,978
teller you can always respond to it authentically and that's a personal thing and that's why the

1098
01:15:34,978 --> 01:15:40,878
advice doesn't carry very well because it's just me doing what i think is best i wouldn't go as far

1099
01:15:40,878 --> 01:15:46,498
as to say what someone else genuinely what someone else should do but they're my notes it's a that's

1100
01:15:46,498 --> 01:15:52,898
the demographic picture that's the sort of situation we're in and here's the tech coming to help and

1101
01:15:52,898 --> 01:15:58,618
here's what i'm going to try and do negotiate in my life and it might go terribly yeah but like

1102
01:15:58,618 --> 01:16:04,778
i think it was jordan beaterson that said that the meaning carries you through any situation it

1103
01:16:04,778 --> 01:16:11,118
doesn't matter yeah because if that's if you're doing something for a reason yeah the result is

1104
01:16:11,118 --> 01:16:16,578
actually not as important as the meaning because uh if it doesn't work you're still going to carry

1105
01:16:16,578 --> 01:16:20,998
on doing it but if you don't have the meaning you're probably going to feel victimized by it

1106
01:16:20,998 --> 01:16:24,638
you're probably going to give it up you're probably gonna right the sweet spot on anything you're

1107
01:16:24,638 --> 01:16:29,678
doing is where it matches your values and you're not quite sure you're going to achieve it

1108
01:16:29,678 --> 01:16:36,078
and and the reason that your values are important to define are because halfway through that effort

1109
01:16:36,078 --> 01:16:41,678
you're going to have a crisis where you think it's going to fail and if you only got motivation and

1110
01:16:41,678 --> 01:16:47,998
you've only got the momentum of the decision like i started to all finish it's not enough to screw

1111
01:16:47,998 --> 01:16:52,998
the nut and what happens is when all the motivations evaporated and you you're knackered and there's

1112
01:16:52,998 --> 01:16:56,998
not another coffee in the pot and there's not another voice of encouragement and there's not

1113
01:16:56,998 --> 01:17:02,818
another bit of money that you find under the sofa and everything's down to zero the one thing that

1114
01:17:02,818 --> 01:17:08,578
drives through the target is remembering why you started and if your reason for starting isn't root

1115
01:17:08,578 --> 01:17:16,678
level identity like i to not do this is a betrayal of who i am as a person you won't finish it so as

1116
01:17:16,678 --> 01:17:22,658
long as what you're doing is authentic and genuinely you and it's within your perceived

1117
01:17:22,658 --> 01:17:28,218
abilities to achieve but not guaranteed it doesn't matter where you're starting from that's the that's

1118
01:17:28,218 --> 01:17:35,138
the arc you get satisfaction even if you fuck up at least it's honest and you normally get even on

1119
01:17:35,138 --> 01:17:40,538
a failure you still get a load of stuff that's real in the feedback because you put your real

1120
01:17:40,538 --> 01:17:47,218
opinions out there and tested them and that that's the way to go about this and then get just get

1121
01:17:47,218 --> 01:17:53,398
unlucky along the way people get unlucky every fucking day the only people that survive it are

1122
01:17:53,398 --> 01:17:58,198
the ones that come on with us on podcasts there's a load of dead people that tried this and they

1123
01:17:58,198 --> 01:18:05,258
haven't got the counter argument to make there's a survivorship bias in this but it is also just

1124
01:18:05,258 --> 01:18:10,638
the way to keep going well if you i think if you if you think about it you don't have any other

1125
01:18:10,638 --> 01:18:15,878
it's the best option anyway it is the best time anyway well it's the best option because you could

1126
01:18:15,878 --> 01:18:23,818
you could fail or you could not and if you that that's beside the point what's left when you do

1127
01:18:23,818 --> 01:18:28,958
succeed or you do fail yeah what's left because that's the thing that you'll have to contend with

1128
01:18:28,958 --> 01:18:33,638
yeah you've failed it's failing up right so like you set off and you've got an overly ambitious

1129
01:18:33,638 --> 01:18:39,158
you're a 22 year old you've got an overly ambitious dream right and you find when you apply your will

1130
01:18:39,158 --> 01:18:43,458
to it that you find yourself wanting and you end up not being the person that started off

1131
01:18:43,458 --> 01:18:48,898
and you develop as a character but if you get small and carry easy targets and go with the flow

1132
01:18:48,898 --> 01:18:53,938
you've not lived you've just gone along and if you're extreme and you never took account of your

1133
01:18:53,938 --> 01:19:00,298
limitations and you never were able to negotiate your limitations to an achievement and win you

1134
01:19:00,298 --> 01:19:06,758
haven't lived to the top potentially in your life so it's to strike that middle to have stuff that's

1135
01:19:06,758 --> 01:19:13,098
not reckless but it's not cowardly and it's it's that's a humble thing but it's also ambitious

1136
01:19:13,098 --> 01:19:18,318
because you've got to say to yourself i'm not sure there's got to be some element of this where

1137
01:19:18,318 --> 01:19:23,218
someone or something can kick the whole board over while i'm trying and that's the fucking

1138
01:19:23,218 --> 01:19:29,718
in the price if you don't if you're not up for that if you're not up for being uh treated unfairly

1139
01:19:29,718 --> 01:19:31,758
by life or by other people, don't bother.

1140
01:19:32,818 --> 01:19:33,438
Don't bother.

1141
01:19:33,818 --> 01:19:36,198
You've got to, that's got to be part of your decision

1142
01:19:36,198 --> 01:19:39,478
is to just say, and I can fail and I could try.

1143
01:19:39,858 --> 01:19:41,458
I could have the best odds of doing something

1144
01:19:41,458 --> 01:19:43,458
by how hard to try and I can still be unlucky

1145
01:19:43,458 --> 01:19:44,158
and fail at it.

1146
01:19:44,218 --> 01:19:48,418
It's probably a good judged target to try and hit.

1147
01:19:48,898 --> 01:19:51,478
The likelihood of failure is priced into all successes.

1148
01:19:51,718 --> 01:19:54,158
Yeah, you've got to, because otherwise if you fail

1149
01:19:54,158 --> 01:19:56,558
and a reason that's not your fault, you'll get bitter

1150
01:19:56,558 --> 01:19:58,238
and you'll go, there's no point.

1151
01:19:58,238 --> 01:20:04,898
like I did everything right there and I still got my chips taken off me what I mean is what I mean

1152
01:20:04,898 --> 01:20:12,658
is the likelihood of failure is priced into all the great successes yeah I mean like without it

1153
01:20:12,658 --> 01:20:17,438
without it there's no great success it's visceral you'll never ever forget a moment when you see

1154
01:20:17,438 --> 01:20:22,538
someone risking and being vulnerable for an achievement it's in your bones the one I have

1155
01:20:22,538 --> 01:20:26,798
I haven't even got it hung up yet but it's it's a set it's one of the strongest memories I've got

1156
01:20:26,798 --> 01:20:29,278
is a guy called Rowley Free

1157
01:20:29,278 --> 01:20:34,558
and he's riding a, I think a 1952 Vincent Black Shadow.

1158
01:20:35,078 --> 01:20:35,318
Okay.

1159
01:20:35,578 --> 01:20:37,818
And he's trying to break the land speed record

1160
01:20:37,818 --> 01:20:39,478
after the war on the flats.

1161
01:20:39,878 --> 01:20:41,178
And he's up, he's got,

1162
01:20:41,338 --> 01:20:43,398
he's riding in a traditional pose in leather

1163
01:20:43,398 --> 01:20:45,658
and he's not hitting the top speed

1164
01:20:45,658 --> 01:20:46,978
that the bike can achieve.

1165
01:20:47,858 --> 01:20:51,318
So he strips down to his underwear

1166
01:20:51,318 --> 01:20:53,838
and he surfboards himself.

1167
01:20:53,958 --> 01:20:56,118
He lays flat, his stomach's on the seat

1168
01:20:56,118 --> 01:21:00,278
and he breaks the fucking land speed record in swimsuit

1169
01:21:00,278 --> 01:21:02,038
because he's more efficient, right?

1170
01:21:02,498 --> 01:21:05,978
Now, if he comes off, there'll be bits of him everywhere.

1171
01:21:06,478 --> 01:21:09,138
But as an image, as an inspirational image,

1172
01:21:09,938 --> 01:21:13,138
in black and white, a man saying,

1173
01:21:13,138 --> 01:21:18,258
look how fucked up I'm exposing myself to get what I want.

1174
01:21:18,818 --> 01:21:20,498
It was the only root food for that guy.

1175
01:21:20,658 --> 01:21:22,478
He wasn't going to do four more runs on leathers

1176
01:21:22,478 --> 01:21:23,518
and keep himself safe.

1177
01:21:23,518 --> 01:21:26,398
he wanted the fucking win

1178
01:21:26,398 --> 01:21:27,638
enough

1179
01:21:27,638 --> 01:21:30,138
to risk his life to that point

1180
01:21:30,138 --> 01:21:31,678
and we all get it

1181
01:21:31,678 --> 01:21:33,818
because it's a best selling portrait

1182
01:21:33,818 --> 01:21:35,318
in black and white

1183
01:21:35,318 --> 01:21:38,018
that guy putting it all out

1184
01:21:38,018 --> 01:21:39,738
and it's ballsy

1185
01:21:39,738 --> 01:21:40,758
and it's inspirational

1186
01:21:40,758 --> 01:21:42,958
it's not reckless

1187
01:21:42,958 --> 01:21:45,678
because he was alive after it

1188
01:21:45,678 --> 01:21:47,318
and he got the fucking record didn't he

1189
01:21:47,318 --> 01:21:49,678
so that's the level

1190
01:21:49,678 --> 01:21:51,298
I'm not saying everyone needs to go and ride

1191
01:21:51,298 --> 01:21:52,478
motorbikes around naked

1192
01:21:52,478 --> 01:22:00,678
but for that guy at that time he was willing to push it and a tire could have gone and we'd have

1193
01:22:00,678 --> 01:22:05,818
never heard of him but that's kind of like you're never going to be a better person in your own head

1194
01:22:05,818 --> 01:22:12,798
than when you're doing something like that and it's hard because if you push too far you'll get

1195
01:22:12,798 --> 01:22:20,558
wrecked and if you don't push far enough you'll live in regret and that you know that's anything

1196
01:22:20,558 --> 01:22:22,398
to individuals listening,

1197
01:22:23,138 --> 01:22:25,898
whatever that feels like to you on your arc,

1198
01:22:26,638 --> 01:22:27,398
do it.

1199
01:22:27,838 --> 01:22:29,918
Because that's the best advice I could give

1200
01:22:29,918 --> 01:22:31,998
because it fits everybody at any level.

1201
01:22:32,498 --> 01:22:33,398
If you're scared of spiders,

1202
01:22:33,518 --> 01:22:35,118
there's something in there courageous for you.

1203
01:22:35,918 --> 01:22:38,338
And if you've got something really big,

1204
01:22:38,398 --> 01:22:40,178
like a big vision that you can't get out of your head

1205
01:22:40,178 --> 01:22:41,878
and you feel like you've got the resources

1206
01:22:41,878 --> 01:22:43,538
and the judgment and the wisdom,

1207
01:22:44,618 --> 01:22:48,918
putting it all on the side is cowardice.

1208
01:22:49,278 --> 01:22:50,218
Isn't that as well?

1209
01:22:50,558 --> 01:22:58,058
that is jordan peterson keeps coming up i don't know why um dwelling dwelling at the boundary of

1210
01:22:58,058 --> 01:23:03,838
of order and chaos that he's over the target but he's verbose isn't he i i i lose it with him

1211
01:23:03,838 --> 01:23:10,778
well yeah nowadays it's a bit grinding but when he when he was doing the kind of um

1212
01:23:10,778 --> 01:23:17,358
the religious series on youtube and stuff like that like i remember that i remember hearing him

1213
01:23:17,358 --> 01:23:23,778
say about the the sort of the boundary between order and chaos and and living there yeah and

1214
01:23:23,778 --> 01:23:29,838
really a theory of viscerally understanding it and and i've i've looped back around to that in a

1215
01:23:29,838 --> 01:23:34,738
number of really long form conversations i've had with people as well that you end up back at that

1216
01:23:34,738 --> 01:23:40,698
point where it's like yeah you need to dwell at the border of order and chaos and they were literally

1217
01:23:40,698 --> 01:23:45,678
words that he said yeah you know and i've come i don't know why i'd never heard them before but

1218
01:23:45,678 --> 01:23:50,458
they were you know there was a couple of these they're the they're the strongest words in our

1219
01:23:50,458 --> 01:23:56,998
language but it's also antithesis of what the booba generation would would say same with the

1220
01:23:56,998 --> 01:24:02,418
other one that always stuck with me from jordan peterson which we spoke about earlier was is is

1221
01:24:02,418 --> 01:24:06,798
that you know don't look for happiness in your life look for meaning that's right you know because

1222
01:24:06,798 --> 01:24:11,958
happiness is not applicable in many situations yeah that's right but meaning will carry you

1223
01:24:11,958 --> 01:24:19,298
through happiness sadness joy yeah and he he he he was the first person i ever heard say both of

1224
01:24:19,298 --> 01:24:24,658
those things ordering chaos and meaning some of the best stuff in my life is at the time most

1225
01:24:24,658 --> 01:24:31,278
miserable or like the most ridiculous because as long as you're on your line that i am who i am

1226
01:24:31,278 --> 01:24:37,638
and i believe that and i'm where i'm meant to be and i believe that i'm sorry just like that fly on

1227
01:24:37,638 --> 01:24:39,778
Sorry, that made everyone jump.

1228
01:24:39,978 --> 01:24:41,758
That was like, go on.

1229
01:24:42,118 --> 01:24:44,778
It was like, you got the fly over the period chopsticks there.

1230
01:24:45,198 --> 01:24:45,798
Yeah, I got him.

1231
01:24:46,598 --> 01:24:47,958
He's dead on the table.

1232
01:24:48,018 --> 01:24:48,798
He's had a great day.

1233
01:24:52,038 --> 01:24:56,398
But yeah, it's not about extra levels of comfort

1234
01:24:56,398 --> 01:24:57,778
or extra levels of security.

1235
01:24:58,038 --> 01:25:00,118
I think that's a mistake you see in Bitcoiners

1236
01:25:00,118 --> 01:25:02,658
more often than average, is this belief

1237
01:25:02,658 --> 01:25:04,238
that you just need to get to a bunker

1238
01:25:04,238 --> 01:25:06,478
or you just need to get to the other side of the moon

1239
01:25:06,478 --> 01:25:09,798
or push your gold chips into a magic square that no one can take.

1240
01:25:10,358 --> 01:25:12,378
And some of this is bringing it all back a little bit.

1241
01:25:12,438 --> 01:25:15,238
Like we've got better at putting property to one side and keeping it safe.

1242
01:25:15,298 --> 01:25:16,058
That's all to the good.

1243
01:25:16,398 --> 01:25:18,458
It limits the incentive to steal from us.

1244
01:25:18,618 --> 01:25:21,538
But you're never going to be in an area of absolute safety.

1245
01:25:22,098 --> 01:25:25,758
And when you get there, it's the shittest place you've ever been in your whole life.

1246
01:25:25,838 --> 01:25:26,358
It's quiet.

1247
01:25:26,558 --> 01:25:27,078
It's cold.

1248
01:25:27,198 --> 01:25:28,178
No one cares about you.

1249
01:25:28,638 --> 01:25:31,478
You haven't got a reason to get up in the morning because no one needs you

1250
01:25:31,478 --> 01:25:33,998
because you're just a node that runs off the air.

1251
01:25:34,238 --> 01:25:35,858
It's not a place in life.

1252
01:25:35,858 --> 01:25:41,338
it's like the side of the pool you know it's nice to know it's there but it's not a place to hang

1253
01:25:41,338 --> 01:25:46,938
out if you've gone to go swimming you got to get into the mix of it um it's balance that's what i

1254
01:25:46,938 --> 01:25:51,638
try and say is like i'm not saying generally people should be more courageous or reckless

1255
01:25:51,638 --> 01:25:57,798
um i'm just saying you've got you've got to find the middle of something that you can do

1256
01:25:57,798 --> 01:26:04,198
and do it all that jordan peterson stuff as well i would say and you might agree that the doing of

1257
01:26:04,198 --> 01:26:11,438
it at the practical application of the ideas is the value, not the theoretical white paper

1258
01:26:11,438 --> 01:26:16,718
way of thinking that then you abandon whenever you've got a real problem in your life, right?

1259
01:26:17,198 --> 01:26:21,778
I think this is the proof of work stuff coming through. If you work on your identity and you

1260
01:26:21,778 --> 01:26:27,478
confront yourself with hard questions, you will get the benefit of it just like you would hash

1261
01:26:27,478 --> 01:26:32,298
away for a block and eventually get the benefit of that. It's pro rata. If you don't think about

1262
01:26:32,298 --> 01:26:35,138
yourself and you don't think about your accountability and you don't think about how

1263
01:26:35,138 --> 01:26:40,278
you're seen because you don't think you need to be you're look you're living you're aiming for a

1264
01:26:40,278 --> 01:26:46,338
small life with very limited possibilities but when you win in these middle grounds and you get

1265
01:26:46,338 --> 01:26:51,258
somewhere you didn't expect the opportunities multiply and it is nothing to do with the

1266
01:26:51,258 --> 01:26:55,738
environment you're in you can be in a what it can be in a deteriorating environment becoming

1267
01:26:55,738 --> 01:27:03,418
increasingly capable as an individual to confront and engage with problems that you see and the more

1268
01:27:03,418 --> 01:27:09,198
time you work on it the better your judgment and wisdom and ability to get across a problem is

1269
01:27:09,198 --> 01:27:25,781
and it in the work that people avoid it about going from diagnosis to prognosis and not crying at the situation like the first 90 of the interview was but to say that the pitch There no point saying it right or wrong There no one to point at

1270
01:27:26,341 --> 01:27:27,881
That's the situation you're born in.

1271
01:27:27,941 --> 01:27:29,121
Some people are born in a plague.

1272
01:27:29,321 --> 01:27:30,461
Some people are born in Gaza.

1273
01:27:30,921 --> 01:27:34,161
Some people are born with illnesses and disabilities

1274
01:27:34,161 --> 01:27:36,861
and no fucking hope whatsoever of having a good quality of life.

1275
01:27:37,201 --> 01:27:39,261
So life's fucking tough, all right?

1276
01:27:39,301 --> 01:27:44,481
And we're not due a painless freedom by principle life.

1277
01:27:44,481 --> 01:27:51,641
it's it's get back in the ring get back into the real world and do to your level of scale at your

1278
01:27:51,641 --> 01:27:57,521
risk what you think is best and that's hard that involves being vulnerable risking loss risking

1279
01:27:57,521 --> 01:28:05,661
injury but it's a more satisfying route through any situation than trying to make it easier and

1280
01:28:05,661 --> 01:28:12,341
hope for it hope for a more fair situation as it's dealt out the pack i think that's um

1281
01:28:12,341 --> 01:28:18,961
you went earlier when you were talking about the aspects of bitcoin in the digital realm and

1282
01:28:18,961 --> 01:28:24,281
what what the the equivalent in the physical realm i think proof of work is at the core of that

1283
01:28:24,281 --> 01:28:30,221
yeah it is it's the it's the teaching from the it's the teaching from the digital realm

1284
01:28:30,221 --> 01:28:38,021
which manifests in the real world and is connected ironically it's the it is the connection between

1285
01:28:38,021 --> 01:28:42,341
the two it is connected and it's connected in a literal way it's connected through the electricity

1286
01:28:42,341 --> 01:28:50,001
supply exactly right so we already have a uh but i mean philosophically it's something you can learn

1287
01:28:50,001 --> 01:28:54,841
from bitcoin yeah you can that you when you apply it in your real life you realize it's everywhere

1288
01:28:54,841 --> 01:29:00,261
everything's a proof of work and or not right you can see through things that have substance to

1289
01:29:00,261 --> 01:29:05,801
people who don't understand the definition of bitcoin technically or economically can't see

1290
01:29:05,801 --> 01:29:10,541
through scams can't see where they're being taken from because they don't know what they've lost

1291
01:29:10,541 --> 01:29:16,921
it's like a lobotomy so this idea of working on yourself and asking questions of yourself and

1292
01:29:16,921 --> 01:29:24,061
constantly putting yourself in to stress testing situations can only be to the good as long as

1293
01:29:24,061 --> 01:29:29,381
they don't break you and as long as you're not so reckless that you lose your thread you stay in the

1294
01:29:29,381 --> 01:29:35,781
mix learn more about yourself that is exactly the hashing function of a human is to constantly go

1295
01:29:35,781 --> 01:29:41,561
back to the mine and constantly keep putting units of effort in and keeping a track of the results

1296
01:29:41,561 --> 01:29:48,401
and it it's it's not as smooth a return profile as mining you get some wins you get some losses

1297
01:29:48,401 --> 01:29:53,321
but as long as you're directionally going in the right place and you're changing your errors

1298
01:29:53,321 --> 01:29:59,681
and you're changing the way you respond to stuff in for better outcomes and more capability and more

1299
01:29:59,681 --> 01:30:05,641
power more reach more contacts more friends more understanding then you're you're actually

1300
01:30:05,641 --> 01:30:09,641
discounting all the problems you see in the world because you're better equipped to meet them

1301
01:30:09,641 --> 01:30:16,561
you see so you've got you can't just store bitcoin and pray every night for a better world

1302
01:30:16,561 --> 01:30:21,781
where we can realize millions of dollars of abstract wealth into a real economy and just

1303
01:30:21,781 --> 01:30:26,941
hope someone else does the tidying up it's it's the mess it is and it's it's it's critical

1304
01:30:26,941 --> 01:30:35,001
and it feels like it's all about to kick off and it might but you just got to make your peace with

1305
01:30:35,001 --> 01:30:42,461
that it is a i think i think they say i think i'll put it from a personal perspective i think as well

1306
01:30:42,461 --> 01:30:50,701
in this this is the age of the proof of work this is the age we're going into it's the age where

1307
01:30:50,701 --> 01:30:52,761
work matters

1308
01:30:52,761 --> 01:30:55,121
really against

1309
01:30:55,121 --> 01:30:55,781
all else.

1310
01:30:56,681 --> 01:30:59,001
Do you feel like the light's gone back on in a dark

1311
01:30:59,001 --> 01:30:59,761
room where

1312
01:30:59,761 --> 01:31:03,041
everything that Bitcoin touches or measures

1313
01:31:03,041 --> 01:31:04,641
measures it honestly

1314
01:31:04,641 --> 01:31:06,221
and

1315
01:31:06,221 --> 01:31:09,101
everybody's been used to sort of making

1316
01:31:09,101 --> 01:31:10,121
up what things are worth.

1317
01:31:10,821 --> 01:31:11,081
Yeah.

1318
01:31:12,541 --> 01:31:14,641
We're discovering what is

1319
01:31:14,641 --> 01:31:17,021
the value in work. We're discovering what the

1320
01:31:17,021 --> 01:31:18,681
work is valued at as well.

1321
01:31:18,681 --> 01:31:25,141
It's also pricing it properly because a 22-year-old should be working on the fitness and maintaining that.

1322
01:31:25,501 --> 01:31:30,461
And it's not clear normally in a fiat economy that you're giving something away until after you've lost it.

1323
01:31:31,081 --> 01:31:41,581
Whereas in Bitcoin, everybody knows the feeling about not buying Bitcoin soon enough because it's just a matter of checking the chart against what you could have bought in 2011 that you now can't.

1324
01:31:41,981 --> 01:31:43,161
Sorry, I didn't wear the camera.

1325
01:31:43,161 --> 01:31:45,041
I took my top off and just blocked you.

1326
01:31:45,041 --> 01:31:52,881
yeah so you know there's an accountability art coming into the world on bitcoin while it's at

1327
01:31:52,881 --> 01:31:58,401
peak drunkenness in terms of how it makes its decisions and it's way above me to decide how

1328
01:31:58,401 --> 01:32:04,541
that actually goes down but there's a frame you can take through it that is fulfilling enough to

1329
01:32:04,541 --> 01:32:11,361
enjoy agnostic to what actually happens and is actually in any case the right thing to do and

1330
01:32:11,361 --> 01:32:18,501
it's not about running away and hiding like fallout like the vaulties and it's not about

1331
01:32:18,501 --> 01:32:25,401
running headlong into it and being confrontational to it and throwing out things that keep life stable

1332
01:32:25,401 --> 01:32:34,161
uh and it's just about trying to divide the middle that's brilliant mate this is this is the

1333
01:32:34,161 --> 01:32:44,281
three rules for life we're in an an arc of accountability the meaning is the frame yeah

1334
01:32:44,281 --> 01:32:52,361
and um proof of work is and and it's back on the menu yes yeah because it because now the light's

1335
01:32:52,361 --> 01:32:56,501
gone back on the scoreboards back on the pitch yeah and everybody's been breaking the rules

1336
01:32:56,501 --> 01:33:01,281
and that's not being reflected or it's been pushed into another cost base is now like no no

1337
01:33:01,281 --> 01:33:07,501
like when you work for this you get it paid back three rules for life it's quite good actually

1338
01:33:07,501 --> 01:33:15,641
dude it's like ben like what was jordan peterson's was 12 rules for life in it we've that's three

1339
01:33:15,641 --> 01:33:20,141
three rules for life but that's not bad because anybody like whether you're a new listener or you

1340
01:33:20,141 --> 01:33:25,161
what listening in with a critical approach right like you know free cities sounds a bit whatever

1341
01:33:25,161 --> 01:33:30,541
you know i'll give it a try it's just to say there's people in the middle of this that aren't

1342
01:33:30,541 --> 01:33:37,081
extremely different minded to you and aren't as extreme or off the map as you think and it's

1343
01:33:37,081 --> 01:33:43,761
relative like we are at the extremes of us of state power here and free cities will stand out

1344
01:33:43,761 --> 01:33:50,581
relatively as a gap in point of view between that and i think the most important thing to understand

1345
01:33:50,581 --> 01:33:58,041
in all this is is at least to start with the idea of top down versus bottom up or centralized versus

1346
01:33:58,041 --> 01:34:04,701
decentralised because free cities are are what they are due to decentralisation same as many

1347
01:34:04,701 --> 01:34:09,941
other things well if you can have a well yeah but what i mean is in in the theory if you have a top

1348
01:34:09,941 --> 01:34:16,621
down procedure it tends to like i say it tends to become a tumour yeah and and i think probably

1349
01:34:16,621 --> 01:34:22,501
free cities will become tumours in the end but the point is if you have a number of competing

1350
01:34:22,501 --> 01:34:27,721
ones in a decentralised fashion yeah then it doesn't matter what happens you just need the

1351
01:34:27,721 --> 01:34:33,041
the decentralized and we're like you say we're at peak centralization arguably i don't know whether

1352
01:34:33,041 --> 01:34:37,321
it probably could get worse well it's high watermark like the line could keep going up like

1353
01:34:37,321 --> 01:34:43,181
i don't think today is the day where uh the state starts to recede it's not today it might not be

1354
01:34:43,181 --> 01:34:47,681
for years but i know it can't stay where it's staying sustainably because it doesn't have the

1355
01:34:47,681 --> 01:34:54,921
food on the farm to eat at its rate for decades something's got to give there's either got to be

1356
01:34:54,921 --> 01:35:00,681
a lot less people who claim or there's got to be a lot more people to claim from and you don't have

1357
01:35:00,681 --> 01:35:06,841
to be a genius to see that the biggest generation's been feeding itself on a bit of a bar tab and the

1358
01:35:06,841 --> 01:35:12,881
party behind might morally be the ones expected to take it up but in the numbers they're expected

1359
01:35:12,881 --> 01:35:17,941
to do the work of 10 of the people who've had their fun and at the savings and added to the debt

1360
01:35:17,941 --> 01:35:22,621
it's not to point fingers and blame them it's to just take acknowledgement of the fact the economy

1361
01:35:22,621 --> 01:35:31,601
isn't linearly divided by age we've got extremes and we've got high concentrations of preferences

1362
01:35:31,601 --> 01:35:39,861
that add up to quite a lot of power and we're just in i'm just in behind that um with far fewer

1363
01:35:39,861 --> 01:35:49,201
rights and a lot less upside with something still correct to do and it's not unfair like i'm not

1364
01:35:49,201 --> 01:35:54,801
saying we're the victims it's not unfair because life's unfair to everybody all the time every day

1365
01:35:54,801 --> 01:35:58,441
in the news you can click on something where someone has just had something they are not

1366
01:35:58,441 --> 01:36:04,681
deserving of bad that's fucking life right so i'm not bitter about it but it doesn't mean i'm not

1367
01:36:04,681 --> 01:36:10,681
going to play my hand in appreciation of what i know or what i believe about the way things are

1368
01:36:10,681 --> 01:36:16,481
going to turn around in my life it's just been about taking the things that you rely on most

1369
01:36:16,481 --> 01:36:20,301
and just seeing if you can change them and take more responsibility for them.

1370
01:36:20,881 --> 01:36:22,801
And the things that you can't take responsibility for

1371
01:36:22,801 --> 01:36:25,181
because they're the limit of your skill or the limit of your resource,

1372
01:36:25,241 --> 01:36:26,141
you've got to accept.

1373
01:36:27,481 --> 01:36:28,981
That's kind of on someone else.

1374
01:36:30,081 --> 01:36:31,801
It's kind of up there.

1375
01:36:32,141 --> 01:36:33,401
You've got to accept it.

1376
01:36:33,741 --> 01:36:35,341
You might be able to influence it.

1377
01:36:36,141 --> 01:36:39,281
But most people that try and control things that they have to accept

1378
01:36:39,281 --> 01:36:41,881
don't control things that they can.

1379
01:36:41,881 --> 01:36:48,821
they abdicate things like health and the way they think in their own heads as just things that

1380
01:36:48,821 --> 01:36:53,501
happen to them and it isn't you can control how you react to something you can control how you

1381
01:36:53,501 --> 01:37:00,861
how you respond what you choose to say or not say you've got control that is freedom in fact that is

1382
01:37:00,861 --> 01:37:07,481
but freedom is a again it's a neutral good it's the freedom to do harm free will is the freedom

1383
01:37:07,481 --> 01:37:13,601
to do harm the freedom to do good but i mean your freedom is the way you respond to your agency

1384
01:37:13,601 --> 01:37:19,021
no but i mean like you know the most classic example of that is victor you know man's search

1385
01:37:19,021 --> 01:37:24,881
for meaning victor frankel you know what living in a concentration camp the most unfree place you

1386
01:37:24,881 --> 01:37:31,901
can live but yet yet choosing every single thing choosing the way you respond to all these things

1387
01:37:31,901 --> 01:37:38,301
the response is more important than the event the event just sets the stage for how you want

1388
01:37:38,301 --> 01:37:44,601
other people to react to what's happening to you good or bad is that you've got a choice you've

1389
01:37:44,601 --> 01:37:51,541
always got a limit of range of agency to set how you respond to it and that's where you don't need

1390
01:37:51,541 --> 01:37:57,441
a political movement to be free you can just start by being honest with yourself and affecting the

1391
01:37:57,441 --> 01:38:04,621
things that you have to control have to influence and have to accept and a lot of the stuff we talk

1392
01:38:04,621 --> 01:38:11,921
about is in that big fucking big old area called accept and i see a lot of people trying to accept

1393
01:38:11,921 --> 01:38:16,841
control things that they should be accepting and accepting things that they're capable of controlling

1394
01:38:16,841 --> 01:38:22,401
that's a meme going around at the moment isn't there you can just you know you can just code

1395
01:38:22,401 --> 01:38:28,581
you can just yeah you could just manifest no but you can just be free it's a good one because you

1396
01:38:28,581 --> 01:38:35,141
can't you can choose it in the moment uh you can choose freedom in any moment it's not easy in every

1397
01:38:35,141 --> 01:38:40,041
well any choice you're given is an is an element of freedom like anything you decide to do under

1398
01:38:40,041 --> 01:38:45,461
your own power is you're exercising your agency but the the bit people i don't think are working

1399
01:38:45,461 --> 01:38:50,801
on is like you can only be as free as you're authentic to yourself you can't spin up a fake

1400
01:38:50,801 --> 01:38:58,241
person who can't do things that you say you can and lie and get by and live a good life in your

1401
01:38:58,241 --> 01:39:05,341
own head you can't do that so everybody has the freedom to be honest about who they are and what

1402
01:39:05,341 --> 01:39:09,921
they're good at and what they're bad at and have a plan for themselves that's freedom already and

1403
01:39:09,921 --> 01:39:17,421
yeah like that's a that's a good point is even if this goes into the gulag closed state system

1404
01:39:17,421 --> 01:39:24,821
those systems are riddled with people who still live authentic interesting lives and did the right

1405
01:39:24,821 --> 01:39:30,841
thing inside of the limitations of their lives and they're already doing it i mean we're all

1406
01:39:30,841 --> 01:39:36,461
living inside limitations you know we sometimes can't point at the stuff we've got as the freedom

1407
01:39:36,461 --> 01:39:42,361
end of a political spectrum but we do have an awful lot of individual agency we're limited and

1408
01:39:42,361 --> 01:39:48,461
those limits have gone up in in ways that are public but no one's controlling what i feel about

1409
01:39:48,461 --> 01:39:54,221
stuff they can influence it but ultimately the better i am at controlling my emotions and

1410
01:39:54,221 --> 01:39:58,401
judging things and making decisions the less effective that is even if they get better at it

1411
01:39:58,401 --> 01:40:05,561
or even if you track it back far enough the your ability to accept accept which is which is a really

1412
01:40:05,561 --> 01:40:13,641
like foundational principle in reality is the first thing you should do with reality is accept

1413
01:40:13,641 --> 01:40:19,101
the reality as it is before you make any movement before you make any intention or before you worry

1414
01:40:19,101 --> 01:40:27,261
about dying of something particularly accept that you're dying definitely we're all dying right

1415
01:40:27,261 --> 01:40:32,361
we're all in the slow process of death it's like well no you know iran iran and israel bombing the

1416
01:40:32,361 --> 01:40:33,261
tar out of each other.

1417
01:40:33,901 --> 01:40:34,601
And I was like,

1418
01:40:34,641 --> 01:40:38,881
that could roll up three different scenarios where I'm sort of in the UK

1419
01:40:38,881 --> 01:40:39,841
kind of affected.

1420
01:40:40,281 --> 01:40:41,501
My diesel might go up in price.

1421
01:40:41,641 --> 01:40:41,721
Yeah.

1422
01:40:42,521 --> 01:40:43,381
But you're going to die anyway.

1423
01:40:44,381 --> 01:40:44,761
You're going to die.

1424
01:40:44,761 --> 01:40:46,061
And also everyone's going to forget you.

1425
01:40:46,601 --> 01:40:47,101
If you don't,

1426
01:40:47,161 --> 01:40:48,481
if you sit there and hide or you,

1427
01:40:48,701 --> 01:40:49,921
you are going to be forgot.

1428
01:40:50,201 --> 01:40:50,961
It's like you've died already.

1429
01:40:51,061 --> 01:40:53,121
Even if you're one of the most memorable people on the planet,

1430
01:40:53,541 --> 01:40:55,021
you're just going to be a name anyway.

1431
01:40:55,021 --> 01:40:55,541
No one,

1432
01:40:55,541 --> 01:40:57,681
no one really cares about you.

1433
01:40:57,821 --> 01:40:58,681
They reckon you die twice.

1434
01:40:58,801 --> 01:40:59,601
You die when you die.

1435
01:40:59,821 --> 01:41:02,101
And then you die the last time someone says your name.

1436
01:41:02,361 --> 01:41:11,701
or you yeah i think i heard it differently you die the day the first time you die is when you

1437
01:41:11,701 --> 01:41:16,301
realize you're gonna die you know what i mean and then the other one is when you what when you

1438
01:41:16,301 --> 01:41:21,201
understand what that is like the dead goldfish or the dead bird on the road and you're like whoa

1439
01:41:21,201 --> 01:41:26,201
yes he didn't get up in the morning to sit there on the road all smushed up and then you see it if

1440
01:41:26,201 --> 01:41:30,741
you've got a long enough miserable enough life you see that happen with people you see bad bad

1441
01:41:30,741 --> 01:41:32,901
things happen to people who didn't deserve it.

1442
01:41:32,901 --> 01:41:35,881
And you say, fucking hell, even if I do do the right thing,

1443
01:41:35,881 --> 01:41:37,981
and I do do everything to my best effort,

1444
01:41:37,981 --> 01:41:41,121
I can still get a bolt from the sky and sweep my deck.

1445
01:41:41,121 --> 01:41:44,561
Someone made an AI, you know,

1446
01:41:44,561 --> 01:41:46,601
the new Google AI that does video.

1447
01:41:46,601 --> 01:41:47,761
Someone made one of those the other day,

1448
01:41:47,761 --> 01:42:00,323
which was interviewing old people on their deathbeds Yeah what are your regrets And so you said what was your regret and the guy said i regretted not buying the s 500 at whatever or not but it was all so ridiculous

1449
01:42:00,323 --> 01:42:04,703
that it made you realize that it doesn't none of this shit matters all the things you worry about

1450
01:42:04,703 --> 01:42:10,283
now won't matter in the future so why do they matter now the the answers people give on the

1451
01:42:10,283 --> 01:42:15,303
deathbeds are actually very similar it's like like and it's around and actually talking about

1452
01:42:15,303 --> 01:42:20,983
caution and privacy versus being too visible and being attacked and all of that most people's

1453
01:42:20,983 --> 01:42:24,803
regret on their deathbed if they've got chance to answer the question is that they didn't live

1454
01:42:24,803 --> 01:42:30,363
a full enough life they said no out of caution to things that they wish that have said yes

1455
01:42:30,363 --> 01:42:35,023
and think how many times you say no really in your life there's quite a lot i know in this

1456
01:42:35,023 --> 01:42:42,963
compounding very very small nose compound over time equally like when you think about the effect

1457
01:42:42,963 --> 01:42:49,303
you know what they call the butterfly effect sometimes you know a very small no can lead to

1458
01:42:49,303 --> 01:42:55,083
something in the future that never happens which is phenomenally killing futures versions of

1459
01:42:55,083 --> 01:42:59,763
yourself by saying no and you're creating future versions of yourself by saying yes

1460
01:42:59,763 --> 01:43:06,143
and it life is a process of doing both and that and that getting good at it is to saying yes to

1461
01:43:06,143 --> 01:43:09,623
the things that are good for you and everyone around you and saying no to the things that are

1462
01:43:09,623 --> 01:43:14,463
bad for you and bad for everyone or saying yes to the meaningful things because they might not

1463
01:43:14,463 --> 01:43:19,703
necessarily on face value appear good for you which is why you go back to judging your mission

1464
01:43:19,703 --> 01:43:25,123
as being achievable or not maybe because then when you say yes to it you're not saying yes

1465
01:43:25,123 --> 01:43:30,003
with the certainty you can do it like a jigsaw puzzle or a shit toy that you have to put together

1466
01:43:30,003 --> 01:43:37,803
like hobbies and easy simple self-fulfilling things it's to put a peg out and say i don't

1467
01:43:37,803 --> 01:43:41,883
know if i'm going to hit that target i'm going to end now mate but i've got one more question

1468
01:43:41,883 --> 01:43:51,703
what's your mission route missions just to live as to the maximum potential that i'm capable of

1469
01:43:51,703 --> 01:43:59,643
that's the that's that's a good life to to live to the maximum capability of what i can do with

1470
01:43:59,643 --> 01:44:06,663
my judgment and and do that in directions that are good for me good for my life and are good for

1471
01:44:06,663 --> 01:44:13,423
people around me by being someone who's responsible and capable and people getting the benefit of that

1472
01:44:13,423 --> 01:44:21,583
passively and me getting the accolade of it actively in going into volatile times which

1473
01:44:21,583 --> 01:44:26,543
we might be right or wrong about it might just be like this and boring forever but it doesn't change

1474
01:44:26,543 --> 01:44:33,463
that i'd still need to reach a potential and you can't abdicate challenges and get there and you

1475
01:44:33,463 --> 01:44:40,123
can't take on challenges that are beyond you and get there and it is a constant wild process of

1476
01:44:40,123 --> 01:44:46,363
testing that in a chaos outside and coming back with the results and risking the scratches and

1477
01:44:46,363 --> 01:44:51,663
risking death blows to come back and learn more get better and go back out again and again and

1478
01:44:51,663 --> 01:45:00,123
again until something gets me that's what i want to do so cheers mate nice one thanks for that and

1479
01:45:00,123 --> 01:45:02,803
thanks for inviting me up here again.

1480
01:45:02,863 --> 01:45:03,723
You're all revved up again.

1481
01:45:04,123 --> 01:45:05,423
I'm all revved up and ready to go.

1482
01:45:05,503 --> 01:45:06,823
I was already revved up when I got here,

1483
01:45:06,843 --> 01:45:06,983
mate.

1484
01:45:07,063 --> 01:45:07,423
You were,

1485
01:45:07,503 --> 01:45:07,663
mate.

1486
01:45:07,743 --> 01:45:08,043
You were.

1487
01:45:08,103 --> 01:45:08,543
I was,

1488
01:45:08,663 --> 01:45:10,523
I'm revved at the moment because,

1489
01:45:10,523 --> 01:45:11,343
um,

1490
01:45:12,223 --> 01:45:17,583
even simple things like I drove here over the mountains and it's a sunny week

1491
01:45:17,583 --> 01:45:22,943
this week and people were waving to me and I saw the headmaster of drive past

1492
01:45:22,943 --> 01:45:23,923
me and we waved and,

1493
01:45:24,023 --> 01:45:24,583
and I just thought,

1494
01:45:24,663 --> 01:45:24,823
yeah,

1495
01:45:25,363 --> 01:45:26,903
right now I'm,

1496
01:45:27,303 --> 01:45:28,923
I'm a complete anarchist.

1497
01:45:28,923 --> 01:45:31,003
I'm just driving down the road

1498
01:45:31,003 --> 01:45:32,443
doing whatever the fuck I want

1499
01:45:32,443 --> 01:45:35,223
making all my own decisions, no one's telling me what to do

1500
01:45:35,223 --> 01:45:37,143
and the sun's shining and life is good

1501
01:45:37,143 --> 01:45:38,003
and I love my kids

1502
01:45:38,003 --> 01:45:41,443
What do you mean? You haven't got Radio 4

1503
01:45:41,443 --> 01:45:42,943
on listening to the Middle East

1504
01:45:42,943 --> 01:45:45,543
or worrying about it from three degrees away

1505
01:45:45,543 --> 01:45:47,243
No, I was looking for... Jeremy Vine's

1506
01:45:47,243 --> 01:45:48,223
my pet peeve

1507
01:45:48,223 --> 01:45:51,083
If I want to incite violence, I just

1508
01:45:51,083 --> 01:45:52,123
listen to Jeremy Vine

1509
01:45:52,123 --> 01:45:55,043
You've got to understand that they're up there and popular

1510
01:45:55,043 --> 01:45:56,643
for the same reason the politicians are

1511
01:45:56,643 --> 01:46:00,143
It's because a fucking lot of people love the music that that guy makes.

1512
01:46:00,723 --> 01:46:03,023
And it's, yeah, it's part of the picture.

1513
01:46:03,503 --> 01:46:05,963
It doesn't, it shouldn't, if you're mentally healthy,

1514
01:46:06,503 --> 01:46:07,863
change your outlook day to day.

1515
01:46:08,623 --> 01:46:10,583
Good day out there, shit day out there.

1516
01:46:10,883 --> 01:46:12,783
Hey, sun comes up, sun comes down.

1517
01:46:13,143 --> 01:46:13,923
You've got time.

1518
01:46:14,543 --> 01:46:16,883
You've no matter, way worse than what we've got now,

1519
01:46:16,943 --> 01:46:18,943
you can do stuff that you can be proud of.

1520
01:46:19,143 --> 01:46:21,263
And you can do stuff that you can be ashamed of.

1521
01:46:21,723 --> 01:46:23,383
And it's all still to play for.

1522
01:46:23,383 --> 01:46:29,963
and whether the world's good bad what we think arrogantly we can guess is the very least of it

1523
01:46:29,963 --> 01:46:35,443
people that are good in bad situations aren't that because they've practiced necessarily it's

1524
01:46:35,443 --> 01:46:43,243
because they've served a purpose to get resilient to that and to get in the fight get in and fight

1525
01:46:43,243 --> 01:46:49,943
and risk losing that's the most important part not how you assess the situation before you go into it

1526
01:46:49,943 --> 01:46:53,783
that's sort of negotiating yourself out of it.

1527
01:46:54,863 --> 01:46:56,263
It's coming, whatever's coming.

1528
01:46:57,223 --> 01:46:59,263
And it could be a quiet world and a busy life,

1529
01:46:59,283 --> 01:47:01,203
or it could be a quiet life in a busy world.

1530
01:47:03,383 --> 01:47:04,503
Anyway, we keep going around.

1531
01:47:04,563 --> 01:47:07,463
I think it'd be a busy world and a busy life.

1532
01:47:08,123 --> 01:47:12,483
And for the record, I don't feel like a boomer,

1533
01:47:12,603 --> 01:47:13,323
even if I am.

1534
01:47:13,363 --> 01:47:14,443
I don't think I am, but...

1535
01:47:14,443 --> 01:47:16,123
Like I said, it's not something...

1536
01:47:16,123 --> 01:47:18,723
I can't wait to be a granddad, put it that way.

1537
01:47:18,723 --> 01:47:20,363
and I'm going to be a hands-on granddad.

1538
01:47:20,603 --> 01:47:21,103
You know what I mean?

1539
01:47:21,743 --> 01:47:25,223
I think that's one of the symptoms I find of...

1540
01:47:25,223 --> 01:47:28,003
Your dog's just frolicking in the grass over there.

1541
01:47:28,243 --> 01:47:28,403
It's not really.

1542
01:47:29,383 --> 01:47:33,743
One of the symptoms that is the most grating a little bit

1543
01:47:33,743 --> 01:47:36,303
is when they're like hands-off grandparents.

1544
01:47:36,963 --> 01:47:42,863
Because when you look at the traditional role of people,

1545
01:47:43,203 --> 01:47:44,683
when they're young, they did this,

1546
01:47:44,743 --> 01:47:46,043
when they're middle, they did this,

1547
01:47:46,043 --> 01:47:49,503
and grandparenting was always an important role,

1548
01:47:50,103 --> 01:47:53,123
which multi-generational families did.

1549
01:47:53,543 --> 01:47:54,683
It's a super important role.

1550
01:47:54,923 --> 01:47:57,383
Yeah, but I don't understand what keeps you going

1551
01:47:57,383 --> 01:47:59,563
if you're not a grandparent, if I'm honest.

1552
01:48:00,143 --> 01:48:04,563
Because having had kids, I now realise that having kids

1553
01:48:04,563 --> 01:48:07,083
is the most important thing you can do in your life, right?

1554
01:48:07,143 --> 01:48:08,183
It trumps everything.

1555
01:48:09,923 --> 01:48:13,563
And that's after doing some really important things

1556
01:48:13,563 --> 01:48:15,403
that I thought were really important in my life.

1557
01:48:15,403 --> 01:48:21,523
so what am I going to do when I'm older garden no I'm going to be a grandparent so I'm going to

1558
01:48:21,523 --> 01:48:27,203
help out in simple ways I'm going to offer as much wisdom as I can I know that's these days

1559
01:48:27,203 --> 01:48:32,323
grandparents often have less wisdom than younger people because it's all tech based now well it's

1560
01:48:32,323 --> 01:48:36,763
it's that generation they never had if they had a life with fewer challenges on average than most

1561
01:48:36,763 --> 01:48:44,963
generations they are the least best resource for advice what I mean is like you know I I don't know

1562
01:48:44,963 --> 01:48:49,383
whether you know that but i used to go to mongolia every year and visit a family and go on a nomadic

1563
01:48:49,383 --> 01:48:55,403
migration with them and stuff right anyway but when i i came to know their culture very very well

1564
01:48:55,403 --> 01:49:04,523
and the old people were revered but it was because they knew so much about herding and staying alive

1565
01:49:04,523 --> 01:49:09,943
and i think what's what's happened now in the current world we live in is the grandparents

1566
01:49:09,943 --> 01:49:15,163
Parents don't necessarily know a bunch of shit because the kids learn it at a very young age.

1567
01:49:15,183 --> 01:49:19,243
And it's a lot of the time now the grandparents are asking the kids, can you fix my thing?

1568
01:49:19,303 --> 01:49:19,963
Can you do this?

1569
01:49:20,023 --> 01:49:20,563
Can you do that?

1570
01:49:20,863 --> 01:49:23,483
Experience isn't a function of time, right?

1571
01:49:23,843 --> 01:49:28,963
Like you can't just live in any situation and make any decision and call yourself experienced.

1572
01:49:30,023 --> 01:49:35,863
Experience is success at the coalface where it wasn't always sure.

1573
01:49:35,863 --> 01:49:38,343
and young people can have a lot more wisdom

1574
01:49:38,343 --> 01:49:40,203
than old people who haven't got the mileage.

1575
01:49:41,183 --> 01:49:42,423
They're of a certain age.

1576
01:49:42,983 --> 01:49:44,343
And then we say, oh, well, at 70,

1577
01:49:44,423 --> 01:49:45,563
you must have been to war once

1578
01:49:45,563 --> 01:49:46,983
and you must have run a business once.

1579
01:49:47,103 --> 01:49:47,823
And it's like, no, no.

1580
01:49:48,363 --> 01:49:50,643
The whole generation had this room in the middle

1581
01:49:50,643 --> 01:49:52,503
to have coasted through and live a life

1582
01:49:52,503 --> 01:49:54,963
that was kind of artificially at the expense

1583
01:49:54,963 --> 01:49:56,323
of other people who've either died

1584
01:49:56,323 --> 01:49:58,423
or lived a lower life because of the confiscation.

1585
01:49:59,303 --> 01:50:01,883
And their experiences aren't to be copied

1586
01:50:01,883 --> 01:50:04,263
because their experiences aren't ones

1587
01:50:04,263 --> 01:50:05,063
that we're going to have.

1588
01:50:05,863 --> 01:50:07,223
They've had a different life.

1589
01:50:07,423 --> 01:50:09,963
They've done it on resources I'll never see, ever.

1590
01:50:10,683 --> 01:50:13,143
So you take them with a grain of salt

1591
01:50:13,143 --> 01:50:16,123
and you stick to the people that are half failing,

1592
01:50:16,383 --> 01:50:18,663
half winning at everything they set their mind to

1593
01:50:18,663 --> 01:50:20,443
because they're judging the challenges properly

1594
01:50:20,443 --> 01:50:23,223
and you'll get the advice you need off them,

1595
01:50:23,483 --> 01:50:25,683
not the advice you want off grandmum,

1596
01:50:26,323 --> 01:50:28,843
which is, oh, don't worry, it's all right.

1597
01:50:29,163 --> 01:50:31,143
Oh, you haven't put on weight, you look lovely.

1598
01:50:31,563 --> 01:50:32,703
And that's not what you want to hear.

1599
01:50:33,323 --> 01:50:35,443
A comfort generation will give you comforting advice.

1600
01:50:35,863 --> 01:50:37,023
They won't make your life better.

1601
01:50:40,423 --> 01:50:44,603
Well, anyway, here's to a better life.

1602
01:50:45,003 --> 01:50:46,083
Harder life, harder.

1603
01:50:46,403 --> 01:50:50,083
Well, is it, do I want a harder life?

1604
01:50:50,543 --> 01:50:53,303
I'm a meaning guy.

1605
01:50:53,483 --> 01:50:55,023
That's hard, so be it.

1606
01:50:55,483 --> 01:50:59,263
But the most meaningful thing I have in my life is my children.

1607
01:50:59,263 --> 01:51:02,223
And they are easy peasy to be around.

1608
01:51:02,663 --> 01:51:04,663
You know, it's the joy.

1609
01:51:04,663 --> 01:51:10,643
only just work at it right like if you had kids you had a distant relationship with by now it's

1610
01:51:10,643 --> 01:51:17,223
that's fractured and and low trust and that's hard they become a liability to you to your

1611
01:51:17,223 --> 01:51:21,183
feelings whenever you think about your kid and you never put any effort into your kid you're

1612
01:51:21,183 --> 01:51:25,523
gonna feel bad but if you if you put your effort into your kids and you've loved them and you've

1613
01:51:25,523 --> 01:51:30,843
done your best you made mistakes and you that's someone that when you see them your heart lights

1614
01:51:30,843 --> 01:51:35,803
up because they're a subject of your proof of work you're you're taking the bit of yourself that's

1615
01:51:35,803 --> 01:51:42,483
going to die and taking that bit that you want to keep carrying on and teaching your kids and the

1616
01:51:42,483 --> 01:51:48,543
grandkids about you so that that part of you keeps going on because that's the part you want to keep

1617
01:51:48,543 --> 01:51:52,043
and see in your grandkids you won't teach them about all the shit that you're ashamed of

1618
01:51:52,043 --> 01:51:59,763
well i mean they do see that as well that's the beauty of you know kids is you do realize oh my

1619
01:51:59,763 --> 01:52:06,863
god that was bad parenting yeah you know and um as they're getting older we talk about those things

1620
01:52:06,863 --> 01:52:11,143
more it doesn't make sense to talk about them when they're too young because you can confuse them

1621
01:52:11,143 --> 01:52:18,843
you that's your perspective if you've tried hard and you're honest right but if you've if you

1622
01:52:18,843 --> 01:52:22,503
haven't tried hard you don't even know what bad parenting is because you're still doing it

1623
01:52:22,503 --> 01:52:28,403
like bad parents have done horrible stuff and won't apologize because they think they're right

1624
01:52:28,403 --> 01:52:33,363
about it that's hell that is hell you're doing the wrong thing and you think it's the right thing

1625
01:52:33,363 --> 01:52:41,263
that's the abyss so you're in a position already where it's it's a good source of uh joy isn't it

1626
01:52:41,263 --> 01:52:47,003
to know that you've put something in it's well it i'll go back to the meaning of it is a there's no

1627
01:52:47,003 --> 01:52:53,723
better example of the pursuit of meaning over happiness than your children yeah because when i

1628
01:52:53,723 --> 01:53:00,223
when i just said being around them is so easy it is but if i look back there's such heartache and

1629
01:53:00,223 --> 01:53:07,403
trouble that you suffer on account of them yeah but actually you don't you you ride it out because

1630
01:53:07,403 --> 01:53:12,963
it's so meaningful you just literally ride it it's like a kind of tax deductible pain like you're

1631
01:53:12,963 --> 01:53:17,743
going through it still stings whatever it is whatever hardship but if it's under a mission

1632
01:53:17,743 --> 01:53:22,323
that you're loyal to yeah it's just the price you pay for getting what you want right yeah you're

1633
01:53:22,323 --> 01:53:24,223
right, it's the price you pay for meaning.

1634
01:53:24,483 --> 01:53:25,843
It's the price of meaning.

1635
01:53:26,503 --> 01:53:29,283
Yeah, like doing a hard thing you're not into

1636
01:53:29,283 --> 01:53:33,143
is maybe the worst situation in between your ears.

1637
01:53:33,263 --> 01:53:35,083
Like as an experience to go through,

1638
01:53:35,163 --> 01:53:37,083
you're doing something that is difficult

1639
01:53:37,083 --> 01:53:38,343
and you're not into it.

1640
01:53:38,663 --> 01:53:40,983
That is one of the hardest paths to walk.

1641
01:53:41,123 --> 01:53:44,303
So the opposite is to do something

1642
01:53:44,303 --> 01:53:45,623
that you really care about

1643
01:53:45,623 --> 01:53:48,163
to the point that you'd drown to get it,

1644
01:53:48,763 --> 01:53:50,183
blow yourself up to get it,

1645
01:53:50,863 --> 01:53:52,203
rip bits off yourself to get it,

1646
01:53:52,203 --> 01:53:55,323
give kidneys, go to any trouble, anything, all in.

1647
01:53:56,143 --> 01:53:58,343
And there's only one category, kids and a wife.

1648
01:53:58,623 --> 01:54:01,703
I'm not being funny, but kids could make,

1649
01:54:02,303 --> 01:54:04,243
not that I've done it, but I'm almost,

1650
01:54:04,383 --> 01:54:09,963
I could make the drudgery of a terrible job be meaningful.

1651
01:54:09,963 --> 01:54:11,263
Oh, you can do more than that for your kids.

1652
01:54:11,703 --> 01:54:14,383
Have you heard of this supernatural strength phenomenon?

1653
01:54:15,343 --> 01:54:16,563
Like, like, like.

1654
01:54:17,043 --> 01:54:18,063
Lifting cars and stuff.

1655
01:54:18,063 --> 01:54:18,623
Yeah, yeah, yeah.

1656
01:54:18,623 --> 01:54:20,703
But it's not urban myth.

1657
01:54:20,703 --> 01:54:28,223
it's verified like women lift cars off their kids you know this eddie hall the weight the

1658
01:54:28,223 --> 01:54:33,303
deadlift weightlifter the deadlift champion he lifted a 500 kilo bar off the floor right

1659
01:54:33,303 --> 01:54:39,543
was that the one who did it for his dead wife no no no no his wife's still alive but it's linked

1660
01:54:39,543 --> 01:54:44,283
to that because what he said he was being interviewed after it and uh this by the way

1661
01:54:44,283 --> 01:54:50,683
he lifted up a 500 kilo bar and then he had a his nose exploded under the pressure and a big

1662
01:54:50,703 --> 01:54:55,823
blot of blood while he stood there staring everyone out blood just pops out of his face

1663
01:54:55,823 --> 01:55:01,903
because the pressure your blood pressure is at 200 and you're dying and he lifted it and then

1664
01:55:01,903 --> 01:55:07,163
after he lifted it and put it down he's in hospital like uh like basically being treated as a stroke

1665
01:55:07,163 --> 01:55:14,443
victim like unconscious coma i think comatose or or induced coma it fucked him up but he lifted up

1666
01:55:14,443 --> 01:55:18,783
500 kilos and then after he's back to full health i think full or i don't think he'll be doing the

1667
01:55:18,783 --> 01:55:24,243
bar again but he's healthy again he's talking and he's fit and the interviewer was saying like how

1668
01:55:24,243 --> 01:55:28,763
you know how do you lift a 500 like a typical interviewer question and he had a very specific

1669
01:55:28,763 --> 01:55:33,463
question uh answer he said well have you heard about these women that lift up cars and that

1670
01:55:33,463 --> 01:55:40,103
yeah that's real and he said when i was doing the world record attempt i couldn't get past 494

1671
01:55:40,103 --> 01:55:47,463
something in practice but when i was over the bar i wasn't breaking a world record i was lifting it

1672
01:55:47,463 --> 01:55:48,983
off my daughter.

1673
01:55:50,403 --> 01:55:52,823
That takes a lot of visualization though.

1674
01:55:53,303 --> 01:55:53,683
Well,

1675
01:55:53,943 --> 01:56:01,703
you can get there and he got there and you bypass any limit,

1676
01:56:01,843 --> 01:56:02,863
any physical limit.

1677
01:56:03,423 --> 01:56:04,783
But what I mean,

1678
01:56:04,903 --> 01:56:11,303
the point of it is that you can only access that when your identity is root

1679
01:56:11,303 --> 01:56:14,123
believed and only you're responsible for that.

1680
01:56:14,123 --> 01:56:27,023
He couldn't have pretended theoretically a kid he hasn't had yet and rescue them because you wouldn't pick it up past 250 kilos if it is your kid or whatever other thing that is absolutely what you'd die to do.

1681
01:56:27,886 --> 01:56:32,706
No matter what that is, as long as you believe it, you will unlock your potential.

1682
01:56:32,846 --> 01:56:34,246
He did it by lifting a heavy weight.

1683
01:56:34,246 --> 01:56:40,846
That's a different level of effort than setting up a business or saying something that's difficult to someone who needs to hear it.

1684
01:56:41,126 --> 01:56:42,566
They're different levels of effort.

1685
01:56:43,086 --> 01:56:46,466
But these identity concepts are what you're loyal to.

1686
01:56:46,666 --> 01:56:48,666
And that's what pushes you through these barriers.

1687
01:56:48,946 --> 01:56:51,246
It's not motivation and it's not good luck.

1688
01:56:51,506 --> 01:56:54,566
And it's not a bit of extra money or an extra bit of encouragement.

1689
01:56:54,566 --> 01:56:59,126
It's what you fucking think enough to take to the absolute.

1690
01:56:59,826 --> 01:57:01,746
And that's why it's so important to define properly.

1691
01:57:02,106 --> 01:57:07,746
Because you either got it and it's in your pocket when you need it and you perform or you haven't got it.

1692
01:57:08,106 --> 01:57:10,726
And that check bounces when it comes to the test.

1693
01:57:11,386 --> 01:57:13,106
So it's that important.

1694
01:57:14,866 --> 01:57:16,386
Right, we've got to go, mate.

1695
01:57:16,566 --> 01:57:18,806
We can't keep this thing going.

1696
01:57:18,966 --> 01:57:19,506
That was a three.

1697
01:57:19,606 --> 01:57:20,146
Look at that.

1698
01:57:20,286 --> 01:57:23,866
That was, well, that's three hours.

1699
01:57:23,866 --> 01:57:28,446
plus i switched the thing off when i saw that thing flashing and that was 25 minutes so that's

1700
01:57:28,446 --> 01:57:33,546
three hours 25 minutes i might have to split this into two i don't know how you do it no i've never

1701
01:57:33,546 --> 01:57:46,409
done a two but this might be the perfect chance to do one ben thanks mate thank you mate it always a pleasure look here comes well you know he a clever dog so he seen the conversation and the noises yeah

1702
01:57:46,409 --> 01:57:50,189
he's realizing it like a phone call yeah it's coming now look now look

1703
01:57:50,189 --> 01:57:59,429
bored off his pants but yeah great to see you again and yeah I don't even need

1704
01:57:59,429 --> 01:58:04,409
to say good luck it doesn't mean anything I hope it carries on it will

1705
01:58:04,409 --> 01:58:10,469
carry on god bless type thing isn't it it's like fairly well i'd say i'm gonna bring i'm some point

1706
01:58:10,469 --> 01:58:14,329
in the summer holidays i'm gonna bring my kids up here so they're gonna swim in your lake get them

1707
01:58:14,329 --> 01:58:19,949
up mate because um there we that we vowed last time we were up here that that they're gonna do

1708
01:58:19,949 --> 01:58:24,769
that and well we've done like did well another podcast maybe but there's there's been stuff on

1709
01:58:24,769 --> 01:58:28,769
the site where i've been away that's been upgraded it's more comfortable to stay it will be something

1710
01:58:28,769 --> 01:58:32,629
we can offer out but not for now they'll want to camp mate that's what they do a bit of camping a

1711
01:58:32,629 --> 01:58:33,889
Better cooking on the fire.

1712
01:58:34,169 --> 01:58:34,569
Yes.

1713
01:58:35,009 --> 01:58:35,269
Right.

1714
01:58:35,409 --> 01:58:35,629
Great.

1715
01:58:35,789 --> 01:58:36,189
Thank you, mate.

1716
01:58:36,189 --> 01:58:36,369
All right, mate.

1717
01:58:36,769 --> 01:58:37,469
See you next time.

1718
01:58:37,489 --> 01:58:38,209
See you next time.

1719
01:58:38,209 --> 01:58:39,209
Bye.