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Bitcoin made you a libertarian. What?

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No, no.

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Introduce me to libertarianism.

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Running a business made me libertarian.

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We've made it too hard.

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We've destroyed ambition and entrepreneurship in this country, and it's not good.

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You get punished.

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It's like a death by a thousand cuts.

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In every direction, people are just ripping you off, scamming you.

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That makes me sad.

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These are 30 grand people who are taking the 90 grand job because nobody else wants it.

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Eight in ten teachers would vote for Labour or Green.

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That's terrifying.

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We have brilliant people in this country.

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They don't go anywhere near politics.

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Why would they?

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They have their lives exposed, constant pressure, might get murdered,

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and there's no financial reward.

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And so we are attracting idiots.

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Meet King Charles, Buckingham Palace, go explain Bitcoin to them.

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So Pete McCormack, four years from now, Prime Minister,

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could you be the leader Britain needs?

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All views expressed by the host or guests are solely their own opinions.

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Nothing stated in this podcast should be considered a specific endorsement

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to make any particular investment or follow any specific strategy.

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Welcome back to Going Bitcoin, Pete.

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I'm excited to talk to you about Bitcoin, everything you've built, and what's next.

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part one was just the beginning so here we are part two so next up pete the builder

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what's one business idea you tried that crashed and burned i set up a website

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how long ago 15 16 years ago called banter which was a social media website for people who liked

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football and so when a game was on you could sit there with your phone and say there was a

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sending off you could vote whether you thought it was sending off or not you could rate the players

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afterwards and you can interact with other fans during the game it was a great idea maybe too

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early too early and over-engineered we we built too many features into it it was complicated to

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follow and it should have been really just a very simple concept um and people liked it but

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ultimately it failed because it it didn't solve a problem it just created an addition to

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entertainment but actually if i'd have done it again i i know the problems we could have solved

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bet for safe bet or wild bet it's a wild bet because bedford's problems are downstream from

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government and so a bet on bedford is a bet really on the government itself and i tried to fix things

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locally and I just came up against obstacles because of central government and a financial

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and political system that works against people and so I'm pulling back a little bit on Bedford

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to focus on the country because to fix Bedford you have to fix a country you fix the country

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fix the world what taught you more about business Bitcoin or Bedford Bedford because the way you

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learn about business is doing it like you can't learn about business going to university reading

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book the way you learn about business is you just start one bitcoin taught me about

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people and systems and incentives like business itself the best just bedford because this is where

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i created businesses but the way you learn about business it's just creating one yeah and then it's

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when you become a libertarian like if somebody was going to university and they were going to get 60

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grand of debt to uh to learn about business i'd be like you're mad you can for hundreds of pounds

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set up a business you can spend 60 grand set up business after business after business

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and you will be way more educated on business spending 60 grand on yourself trying to create

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businesses then you will be on going to a university and learning about business what's

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been the most rewarding part of running your football club winning leagues just winning um

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trying to do something for the community and seeing the impact as on kids so locally we've

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been able to support youth youth teams and give them kits and supplies ultimately the reason to

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have a football team is to create something for young people not to create a team for adults to

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play in you create the team for adults are playing to create the identity and the structure and the

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revenue stream so ultimately you can build something where kids can go and play football

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how many people do you have on your payroll across all your businesses oh gosh um

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i don't know not many 25 and how do you think your staff and your football players

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will describe your leadership style

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chaotic

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um um determined chaotic and determined how come well so i mean i bought a football club that had

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40 fans plays in a field and said we're going to get in the premier league so certainly determined

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and ambitious um and fearless but also cavalier and a bit punk rock maybe because i just don't

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care about the unwritten societal rules about how you're meant to do things we're a football club

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with a skull as a logo and you look at all our graphics i don't look at any other football club

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and when our team comes out we play uh a rage against the machine but even they're kind of

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socialist now but uh and we score goals we play deftones and pantera we just just there's a famous

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advertising slogan that says when the world zigs zag and i think i that's how i run my businesses

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i try and do them with a zag why cheap code explain well because i was traveling around

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the world going to conferences and i was like this is bollocks why do i just put one on here

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make everyone come to bedford and actually see a bitcoin project but it's a bit like doing one in

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El Zonte go to where the Bitcoin projects are. So that's why really. Yeah, no other reason.

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So you run a football club, a podcast, a bar, a coffee shop, a conference, and a fund.

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Yes.

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Have I missed anything?

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That's the main things.

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What makes them Bitcoin companies?

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They're run by a Bitcoiner, they accept Bitcoin, and they huddle Bitcoin.

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What next?

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less less yeah less just slow down i get tired now try and scale education about this broken

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financial and political system through content and help other people spot what's happening and

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give them the exits which i'm evolving on i used to think the exit was better politics

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that might not be solvable. The financial machine might be too big and too strong now to defeat it.

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So exit comes in different ways. It comes from exiting actually from the system,

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which is Bitcoin financially, perhaps going to live somewhere remote and raising chickens and

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growing vegetables and just choosing not to play the game because often you know what's that old

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saying the way to win is just not to play i'm starting to feel like the way to win is not to

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play and so can i scale can i position the content in a way that people recognize it is useful and

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they can benefit from it tell us a bit about the fund who or what are you backing just local

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people look life is financially very challenging for the majority of people these days and

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consequence of that is kids with ambition can't do or achieve things they want to do because their

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parents cannot afford the cost so you could be a badminton player a dancer you could be a motor

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racing driver you can be any anything and you cannot achieve your maximum potential because you

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can't afford it and so the goal was just to have some money to give away and we haven't had a lot

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like 75 grand and I think we've it's maybe like 80 90 because of the bitcoin now and and we've

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distributed over half I think about 50 000 pound and it's just because of that some kids have been

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able to go and do things they can't afford to do I wish I had millions to distribute because the

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list is endless for everyone I accept there's 10 I have to not accept and each time it breaks my

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heart there's a kid there who has a talent who wants to do something and perhaps they might not

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it to do it because their parents can't afford it and uh look there are multiple reasons they

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can't afford it but right now many can't afford it because we are extracting our money up to the

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wealthiest who lead at least the least yeah every every rich person who benefits from extraction

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is taking away from a youngster somewhere who has an ambition who can't do it because his

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Parents can't afford it because the system is so crippled that it extracts more and more and expects you to accept less and less.

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What are the incentives to build businesses like Real Coffee or the Peter McCormick Show in England?

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In England?

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In England.

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I think there's less incentives.

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I mean, I wrote a tweet the other day saying I cannot be bothered to start businesses anymore.

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I was going to open a pizza restaurant.

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The capex for that was nearly $400,000.

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And then there's cash flow, signing a 10-year lease, doing this in a tough economic environment.

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I mean, all of that is, it's just challenging.

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It's much easier just to put your money in the markets and watch it grow.

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And I think there's less incentives.

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And I think that's why people are exiting and leaving the country or retiring early or just can't be bothered.

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We've made it too hard.

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We've destroyed ambition and entrepreneurship in this country.

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And it's not good.

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How exactly does the system get in the way?

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it's those three levers of power, which is money creation, civil liberties, and the regulatory

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environment. And so if you're creating a business and they are extracting money through money

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creation, they are driving inflation. And so if you run a local shop, you have less purchasing

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power from the customer base to come and buy from you, yet your costs are going up.

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your direct costs of the products you buy, but then your costs of running your business from

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minimum wage to HR costs to accounting costs, your taxes are going up. And the regulatory

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environment puts all these pressures onto small businesses that don't exist. Like if you're

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Starbucks, you get to buy your product cheaper because you buy it at scale and you get to scale

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the regulatory environment, HR, accounting, and you get to play financial games with the money.

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If you're a one-person coffee shop, you have so much administrational pressure from HR to

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accounting, and it's just very hard to make money now. Very, very hard. And that's why society is

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just one of the many signals that society is collapsing. We're destroying the middle class.

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in every direction people are just ripping you off scamming you over the last year there's been

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so many just little things that have just taken a little like it's like a death by a thousand

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cuts little things from a guy walking onto our front driveway breaking into my son's car

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and stealing my sunglasses and his wallet to someone um hitting my car in a car park with

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theirs and driving off and not leaving a note which costs 800 pound to fix to in my coffee shop

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people just stealing the cutlery because it's nice they just think they just think i'm just

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going to take that i like that spoon it's nice i'm taking it but it's theft but it's then you

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go into the employment law at the moment in this country i mean you generally you only get rid of

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somebody if you if you have a company you only tend to get rid of them for two reasons generally

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in my experience it's because they're rubbish at their job or you can't afford them well if you

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can't afford them you should be able to get rid of them because you want to be able to have a

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profitable business and if they're rubbish at their job you should be able to say look i'm

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getting rid of you because you're rubbish structurally to get rid of somebody because

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of the employment laws in this country is a nightmare it takes you have to go through a

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delicate set of steps if you do not get right they take you to an employment tribunal and they

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can extort money from you even though they're in the wrong and this is the problem with the surface

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area of the state when the surface area of the state is so big and they try and regulate everything

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usually it enables the grifters and the scammers and it punishes the honest people

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it's everywhere at the moment and that's just another one of the reasons i cannot be bothered

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to start a business because you get punished all the time for being the risk taker and if you do

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generate a profit the government takes it all anyway so it's just like what's the point i mean

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it goes back to defending life liberty and property yeah what changes did you actually

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want to make when you considered running for mayor of bedford um i just wanted to run the

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council like a business how a businessman would so cut waste ensure the money that they do have

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goes into the right places. I wanted to reduce tax, which has never happened. I wanted to prove

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you could reduce tax. I just bring in as many libertarian principles as I could, but

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it can't be done. I've looked. I've looked at the job. I've looked at the council. I've looked at

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the debt. I've looked at their commitments. The problem is there is so much regulation.

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So much of it is handed down from central government of all the things you have to do.

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you can't run these councils anymore they basically are there to shoulder the things that

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government promises to win power and then they uh they pass down the responsibility of delivering

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that to the local council without the resources to do it so it's a fool's errand i'm just not

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going to do it what's a small local policy you've pushed harder than anyone ever has

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i don't think i've not really been pushing policies but safety i'm yeah but honestly

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half the town hates me for that how can oh why is a rich local guy employing goons to put on the

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high street what are they regulated by who are they accountable to blah blah blah it's just you're

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running into the political machine again life yeah defense of property would allow somebody

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to privately put security in place.

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There's no law that's been broken.

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But we're so conditioned to wanting the state to produce everything

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that if somebody does it within the private sector,

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there are certain people who think that shouldn't be done.

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Even though it's private, they just don't want it.

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They want it regulated, controlled by the state.

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And it just becomes political.

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Like everything now is political.

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Go to bitbox.swiss and use code ALLINBITCOIN for 5% off or check the show notes.

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So you pulled out of running for Bet4Mayer.

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I didn't even run for Mayor.

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Of the idea, yeah. Because in your words, the budget was a joke and you can do more from outside the system. Can you explain how?

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Again, it goes back to that point of creating the content allows people to understand that the mechanics are wrong. The mechanics of the state need fixing before any of this can be fixed.

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and so i think i can be more effective by uh creating the content and put the pressure on

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the state to do these things i will fail i could say i think the machine's too big now

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like what can a guy with a coffee shop in bedford really do i can't do much but but i think at the

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same time if i have a choice of being outside of the system and throwing hand grenades in and

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create pressure that's going to be more effective than it being in the system and just stuck

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just would sludge each way stopping me.

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Do you think you understand power better now

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or you trusted less?

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Both.

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I mean, I understand power.

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Although I think I'll understand a bit more.

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I want to read Machiavelli's The Prince,

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which were downloaded.

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And I certainly don't trust power at all.

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Bitcoin made you a libertarian.

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What?

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No, no.

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Introduce me to libertarianism.

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Running a business made me libertarian.

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What do you see in Austrian economics?

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It understands people and incentives.

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That's it.

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It's the study of people and incentives,

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whereas Keynesian is like rationalizing government monetary expansion.

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What do you think is the biggest threat to freedom today?

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Government.

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Who's your political hero and why?

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I don't think I have a political hero because I don't know historically enough or people before my time.

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There's a guy I've been researching recently who was one of the Roman emperors.

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He was a farmer.

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I forget his name, Canisius or somebody.

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Somebody will correct me in the comments.

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can you anyway he um he came in did the job left and i read a thing from malay this morning where

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he said once he's done his job he doesn't want to be a politician once he serves a second term

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he'll go back to his ranch and he'll become a professor and teach i think anybody who

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understands what the limits of power are they go and do their job and leave then that that would be

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somebody who would be a political hero but i don't have any political heroes i have people i've

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admired for certain things i admired certain things about what thatcher did during the 70s

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inflation here was crazy and she got that under control um she made the uk respective or not

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respected on the international stage but there hasn't been a politician since who i've

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would ever put remotely near a hero block what do you think the british people actually expect

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from their government.

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Oh, what do they expect?

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I mean, I think we all expect the government

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to make our lives better.

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What is the role of the government It is to enable you to pursue happiness What the biggest crime ever committed by the British government

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You know, you've asked that deliberately.

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Inflation.

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But the Tony Blair government started a war in Iraq

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or were part of a coalition of willing for a war in Iraq

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that nobody in this country wanted,

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that politicians quit over,

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that a million people protested against,

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and it destabilized the region.

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It's a horrific crime.

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Tony Blair himself should be tried for war crimes.

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He should be in The Hague.

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We posture against other political leaders

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in other parts of the world as evil and villainous.

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This guy is a terrible human being,

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and that is a crime because it made this country complicit

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in something which should never have happened.

252
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But inflation is the biggest crime.

253
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Why do you think freedom of speech is being taken away?

254
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But at the same time, we all have agency. Words are just words. We teach us as kids. We say sticks and stones will break our bones, but names will never hurt us. We have a government that wants to restrict the things we say. They don't want free people who think freely. He sounds so conspiratorial. When you hear this, you're like, that guy sounds like a conspiracy theorist.

255
00:21:28,016 --> 00:21:37,656
But no, it's just our speech, our freedom, our ability to think and speak freely harms him.

256
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I've ratioed the prime minister on Twitter three times in the last two weeks because the bloke is a moron.

257
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He wants to ban Twitter.

258
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And it's not about bikini shots.

259
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We can all agree that kids shouldn't be undressed on Twitter.

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That's not a good thing.

261
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He doesn't want that.

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He doesn't want Twitter because everybody, there's like a spoken revolution against this

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government on Twitter.

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He and his stupidity thinks he can ban that and stop that.

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But all he will do is poke the bear harder and unleash another fire under him.

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Why are more people fighting for their rights as they are taken away from them?

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because I don't think people truly understand how dangerous and evil the state can be.

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And they are lost thinking we can vote our way out of this. This next politician will fix this.

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Well, actually, yeah, you know, these mean words, maybe we should stop that because the government

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tells me so. I just think when you revolt, you're revolting against two class of people. You're

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revolting against the political elite and you're revolting against the people who do their bidding,

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who are often voters. And I think some people just do not understand the consequences of bad

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government. What don't they get about government and economy? Well, I don't think they understand

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is that when they allow a government or do their bidding for infringements on rights at some point

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someone's going to come after their rights too in a way they don't like and it's such an easy

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obvious thing to spot once you can see all with clarity but i just think some people just are

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unable to make that mental leap because like i did once they believe government is necessary

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and does want to do good um in terms of economics i just don't think people understand

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that freedom comes from the defense of property and ultimately a state that redistributes

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eventually runs out of money to redistribute and it's a very hard thing because it's like

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when you talk about taking away welfare it feels like it feels so i don't know unfair

282
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You want to take money away from poor people? No, I just don't want to enable a state which

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weaponizes these things against the population. I mean, we are, look how advanced technically we are.

284
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Look how advanced our economies are. And look how many people are living in poverty.

285
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The money exists. It's because it's extracted away to the rich people that we have these problems of

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poverty. If there was zero tax, we would have better distribution to those who need it more.

287
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When and why do you think the UK stopped celebrating success and successful people?

288
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It might be something that has always been in our DNA, that tall poppy syndrome.

289
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I don't know. Maybe some people are just finding life hard when they see someone with success.

290
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it attacks their own ego i also think we have an education system designed to support the state

291
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and socialist ideas are more you know with socialism comes with creating a boogeyman which

292
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is the millionaires and the billionaires they're not the boogeyman the boogeyman is a government but

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they want you to look over there so maybe i think the the demonizing of success comes

294
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from the more socialist aspects of our government and electorate.

295
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In a photo, we always look at ourselves first.

296
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We are the centre of our own movie.

297
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When you look at England, what do you see first?

298
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What's the centre of that movie?

299
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Right now?

300
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Yeah.

301
00:25:51,136 --> 00:25:55,736
That's a very hard question to answer, how to frame that.

302
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I think it's a tragedy.

303
00:26:01,256 --> 00:26:04,256
I think what's happening to our country is a tragedy.

304
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It's a self-inflicted suicide,

305
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all downstream from an inept, immoral, spineless political class

306
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that put votes and power ahead of what is clearly required in our country.

307
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And so we're a tragedy.

308
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this is a country that is committing suicide and i think it's a country that's depressed

309
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that's humiliating itself on the public stage and driving away the best people and i'm very i'm

310
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terrified for the future of this country i'm terrified and i don't see a if it's a movie

311
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I at the moment do not see a happy ending.

312
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It's a movie I want to turn off.

313
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Let me show you a clip from my recent conversation with Jeff Booth.

314
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Okay.

315
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I try not to talk about people.

316
00:27:04,196 --> 00:27:05,376
I try to talk about systems.

317
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Who would you expect to be leading on top of a system based on theft?

318
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Wouldn't you expect the people who were best at it to be leading?

319
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And that would include many, many people,

320
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whether they know it or not, inside our institutions of today. The institutions of today

321
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are not protecting you, they're controlling you. The problems can't be solved from within their

322
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system, and no matter who it is. So I would rather not talk about the people perpetuating that system,

323
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because if you changed a person, it would make no change.

324
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That's basically what we've spoken about in this interview.

325
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Can the right prime minister fix Britain from inside the system?

326
00:27:49,136 --> 00:28:08,896
Yeah, so I'm contradicting Jeff's point here only if their mandate is to fix the system, which is to restore government to what Bastiat said it should do, which is defend live liberty and property and nothing else.

327
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and that's the only way and that means they have to campaign on that mandate

328
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win that mandate the challenge in this country is that we do not have a codified constitution

329
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and so can you bind future governments to that i mean they tried it in the u.s

330
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um they had many a battle the federalists and the anti-federalists over

331
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the power of the state and what central what the federal government would do and

332
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the uh federalists won but the anti-federalists have been proven right i mean i'm i think i am

333
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a constitutionalist i believe we need a hard firm constitution and a bill of rights which defends

334
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the rights of the people and prevents us from having government which can redistribute and so

335
00:28:58,576 --> 00:29:02,776
Look, I agree with Jeff, but my caveat is,

336
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is having a government that campaigns on one issue and one issue only,

337
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and has a mandate to do it and does it.

338
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Next clip.

339
00:29:14,316 --> 00:29:17,836
In 2021, El Salvador made Bitcoin legal tender.

340
00:29:18,336 --> 00:29:21,956
In your view, what was the impact both in El Salvador and globally?

341
00:29:23,196 --> 00:29:25,936
I think it was such a bold move to do that.

342
00:29:25,936 --> 00:29:29,536
I was there shortly thereafter, that move.

343
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And I had a big presentation there.

344
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People were flying in from all over the world.

345
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And the day before I went were all the murders.

346
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And we still went, but it was crazy.

347
00:29:41,236 --> 00:29:44,056
And I think what happened there behind the scenes,

348
00:29:44,336 --> 00:29:49,676
the control structure didn't know that Bichelli was going to make Bitcoin legal tender.

349
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And that shocked the control structure.

350
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And then the behind the scenes, he wanted to create a false flag to be able to hurt his credibility as president.

351
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And then he instead locked everyone else up.

352
00:30:07,116 --> 00:30:09,136
You've interviewed President Bukele.

353
00:30:09,596 --> 00:30:16,016
Have you ever asked yourself who and how could someone actually turn Britain around?

354
00:30:17,296 --> 00:30:19,896
Yes, I've asked whether I could do it.

355
00:30:20,516 --> 00:30:20,936
Yes.

356
00:30:20,936 --> 00:30:31,976
can i be that guy um i think about it a lot but i think about it as how can i i'm not the only

357
00:30:31,976 --> 00:30:37,696
person thinking that what i believe needs to be done needs to be done what jeff would say would

358
00:30:37,696 --> 00:30:44,936
need to be done but very few do how could i as the coffee shop owner in bedford with the podcast

359
00:30:44,936 --> 00:30:51,736
who talks about Bitcoin. How could I be the guy who becomes prime minister and makes this change?

360
00:30:51,856 --> 00:30:58,356
But I am close to some of the levers of power, previous prime ministers, leaders of parties.

361
00:30:59,636 --> 00:31:04,176
I've got to know some of them, but I've told them my feelings on this, and nobody shares them

362
00:31:04,176 --> 00:31:09,716
within the political elite, that we need a complete re-engineering of the role of the state,

363
00:31:09,716 --> 00:31:18,456
an undoing of the vast majority of the statues that have been created to eradicate the welfare

364
00:31:18,456 --> 00:31:26,456
state, that the government doesn't act as a department of redistribution, that its stated

365
00:31:26,456 --> 00:31:32,796
goals and mandate are limited. And I don't know if I can sell this to enough people because I think

366
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it requires a lot of knowledge and understanding. I'm not willing to be a dictator who does this.

367
00:31:39,716 --> 00:31:49,796
There is nobody within the political class at the moment that I believe has a plan that can do this.

368
00:31:51,136 --> 00:31:52,336
That makes me sad.

369
00:31:53,656 --> 00:31:54,636
Last clip.

370
00:31:55,316 --> 00:32:01,816
Today, and because of my book and because of other things, many PhD economists come to me and say,

371
00:32:01,816 --> 00:32:10,836
did my entire schooling on this perception of you knew what money was and it was credit.

372
00:32:11,356 --> 00:32:15,816
And then the whole system had to be built on this, but nobody ever went deeper. And so I don't know

373
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why. I think it just comes down to people who don't ask a very simple question because they

374
00:32:22,216 --> 00:32:26,256
think somebody else knows it. So the economy could be understood by a five-year-old.

375
00:32:26,256 --> 00:32:26,736
Yeah.

376
00:32:27,196 --> 00:32:31,216
It doesn't take a mathematician, it doesn't take anything else.

377
00:32:31,636 --> 00:32:33,296
It's the sum total of our trade.

378
00:32:33,796 --> 00:32:37,116
And prices fall because we compete with each other to provide more value.

379
00:32:37,676 --> 00:32:39,796
That's what the economy should look like.

380
00:32:40,036 --> 00:32:42,136
It doesn't look anything like that.

381
00:32:42,596 --> 00:32:48,896
Which is why the entire construct of economists and teachers and everything else

382
00:32:48,896 --> 00:32:53,656
to teach you that you shouldn't ask about what's a very simple concept.

383
00:32:54,196 --> 00:32:55,076
It's too complicated.

384
00:32:55,076 --> 00:32:56,196
It's too complicated.

385
00:32:56,256 --> 00:32:59,016
for your mind to understand will tell you what it looks like.

386
00:32:59,936 --> 00:33:02,636
Do you think the British government know this?

387
00:33:05,156 --> 00:33:06,696
No, I don't actually.

388
00:33:07,196 --> 00:33:10,936
I think a lot of people just think what we have is how it works

389
00:33:10,936 --> 00:33:11,796
and how it should be.

390
00:33:12,836 --> 00:33:16,656
And there may be aspects who understand it,

391
00:33:17,156 --> 00:33:19,756
very limited aspects who understand it,

392
00:33:21,016 --> 00:33:24,156
but what is required to re-engineer it,

393
00:33:24,156 --> 00:33:27,496
It just seems too big a mountain to climb.

394
00:33:28,076 --> 00:33:34,256
And that's why they go with their economic advisors, their Keynesian economists,

395
00:33:34,676 --> 00:33:43,556
and continue this system that we have now and accept the catastrophic outcome that is inevitable from it.

396
00:33:44,116 --> 00:33:44,976
And it's sad.

397
00:33:45,656 --> 00:33:50,356
In some ways, Jeff is the most important economist in the world

398
00:33:50,356 --> 00:33:54,876
because he's the one who understands exactly what is happening,

399
00:33:55,516 --> 00:33:57,216
why it goes wrong, what needs to be done.

400
00:33:58,836 --> 00:34:02,756
And he should be held in much higher regard than Keynes

401
00:34:02,756 --> 00:34:07,376
or any modern monetary economist because they're all liars

402
00:34:07,376 --> 00:34:10,036
and they're all complicit in what is going wrong.

403
00:34:11,216 --> 00:34:12,836
Yeah, I'll probably give Jeff a call after this.

404
00:34:12,896 --> 00:34:14,096
It's been a while. I love that man.

405
00:34:14,836 --> 00:34:17,096
What do you think should be the role of government?

406
00:34:20,356 --> 00:34:27,056
So I'm not an anarchist in that it's not that I believe government is necessary.

407
00:34:27,236 --> 00:34:28,376
I just believe it's inevitable.

408
00:34:28,936 --> 00:34:32,476
I just think the way humans coordinate, we will always end up with government.

409
00:34:33,036 --> 00:34:37,896
And with good government comes freedom because they defend and protect freedom.

410
00:34:39,576 --> 00:34:42,216
But the role of government for me is very limited.

411
00:34:42,996 --> 00:34:43,996
It's as tiny as possible.

412
00:34:44,776 --> 00:34:47,696
And it should defend life, liberty, and property.

413
00:34:48,436 --> 00:34:49,536
And that is it.

414
00:34:50,356 --> 00:34:51,116
And get out of the way.

415
00:34:51,256 --> 00:34:52,156
Get out of the way.

416
00:34:52,296 --> 00:34:53,256
Do nothing else.

417
00:34:54,536 --> 00:34:59,956
We will undoubtedly have a better, happier, more productive society

418
00:34:59,956 --> 00:35:01,496
than what we have right now,

419
00:35:01,496 --> 00:35:09,136
which is something which is collapsing in this age of confiscation.

420
00:35:09,956 --> 00:35:12,036
Is the current political system sustainable?

421
00:35:13,236 --> 00:35:15,836
I mean, it's sustainable until it isn't.

422
00:35:15,836 --> 00:35:22,596
it's sustainable until there is conflict that means it isn't or there's revolution until it

423
00:35:22,596 --> 00:35:28,936
isn't but it's it sustains itself and it will continue to sustain itself as long as it can

424
00:35:28,936 --> 00:35:37,796
but it's on i think it's living on fumes how did the uk end up here the same way everyone else did

425
00:35:37,796 --> 00:35:43,576
with a system that's engineered in the wrong way regulation do you believe in democracy

426
00:35:43,576 --> 00:36:11,356
I want to believe in it. I think it's the fairest thing to say each person has a vote. But it doesn't work in the system that we have right now. And in some ways, I am sympathetic to the views of why a monarchy works better. Yes, you have the risk of a bad king, the evil prince.

427
00:36:11,356 --> 00:36:19,616
but i understand the incentives are different um i'm sympathetic the idea that a country should be

428
00:36:19,616 --> 00:36:27,276
run like a company with a ceo like curtis yarvin talks about but these are heresy to most people

429
00:36:27,276 --> 00:36:33,476
because like how can you argue against democracy we fought for look all the places that don't have

430
00:36:33,476 --> 00:36:39,396
democracy and look at iran what's happening now can you talk a little bit more about the concept

431
00:36:39,396 --> 00:36:41,916
of running a country as a company?

432
00:36:42,576 --> 00:36:45,496
Well, you would treat the prime minister more like a CEO,

433
00:36:45,736 --> 00:36:46,936
have a board of directors,

434
00:36:47,996 --> 00:36:50,876
and they would have a mandate for what they need to do for the country,

435
00:36:50,876 --> 00:36:53,096
and they would be rewarded or punished based on that.

436
00:36:53,196 --> 00:36:56,696
And if there is corruption, they would go to jail as they should.

437
00:36:57,356 --> 00:36:58,716
And economically rewarded?

438
00:36:59,076 --> 00:37:03,496
Yeah, I mean, what kind of people do you think you get for 90 grand a year?

439
00:37:03,676 --> 00:37:04,856
Yeah, that's what we are getting.

440
00:37:04,976 --> 00:37:07,956
If I was an MP, I would do it now because I don't need the money.

441
00:37:07,956 --> 00:37:12,476
but if you need the money who do you think you get for 90 grand a year you're not getting our

442
00:37:12,476 --> 00:37:19,956
best people because your equivalents on 90 grand are going to take jobs at 90 grand hoping they get

443
00:37:19,956 --> 00:37:25,296
a bonus hoping they get to 250 and half a mil you're getting people whose ceiling is basically

444
00:37:25,296 --> 00:37:31,976
90 grand unless they become prime minister these aren't 90 grand people these are 30 grand people

445
00:37:31,976 --> 00:37:42,036
who are taking the 90 grand job because nobody else wants it okay and i would pay i would pay so

446
00:37:42,036 --> 00:37:50,016
high i would and i would change the the way we measure it and the goals i'd be paying half a

447
00:37:50,016 --> 00:37:57,196
million and i would provide full transparency into what they do but i would give them the mandate

448
00:37:57,196 --> 00:38:01,876
to run the government departments not let the departments run themselves so they're fully

449
00:38:01,876 --> 00:38:07,716
accountable because what we lack is accountability. There's always someone else to blame. Blame the OBR.

450
00:38:08,016 --> 00:38:16,356
We blame this. We blame that. No, we should have a fully accountable political office that is

451
00:38:16,356 --> 00:38:21,376
responsible for the decisions, responsible for the outcomes and accountable. It's okay to have

452
00:38:21,376 --> 00:38:28,516
a prime minister that gets rich out of running a successful country, a successful term. Yes,

453
00:38:28,516 --> 00:38:45,596
I would far rather have a prime minister get rich from running the country successfully than gets rich from running the country in a safe way and knowing they get board seats and speak fees afterwards, which gets them wealthy.

454
00:38:47,096 --> 00:38:51,696
Like, let them get rich in the job and make them retire, not rich after the job.

455
00:38:52,276 --> 00:38:54,056
How do you sell that to the public?

456
00:38:54,156 --> 00:38:54,756
Good arguments.

457
00:38:54,876 --> 00:38:55,896
You just need good arguments.

458
00:38:55,896 --> 00:39:03,116
you just have to look something isn't working you look at zach polanski head of the greens

459
00:39:03,116 --> 00:39:13,676
bless him but he's a moron like he is a he is a half-wit and this is a guy some people think

460
00:39:13,676 --> 00:39:18,136
should run the country because he says about hope and change he doesn't understand the basics of

461
00:39:18,136 --> 00:39:20,136
economics, some of his inspiration

462
00:39:20,136 --> 00:39:22,116
as Marx is like

463
00:39:22,116 --> 00:39:34,792
he is a thick idiot objectively a thick idiot and he is considered by some people the guy they want to run the country I mean I wouldn have him run a coffee shop

464
00:39:35,912 --> 00:39:37,572
And people want him to run a country.

465
00:39:37,572 --> 00:39:40,332
And I know you laugh, but it's terrifying.

466
00:39:41,092 --> 00:39:43,052
We have brilliant people in this country.

467
00:39:44,132 --> 00:39:45,632
And they don't go anywhere near politics.

468
00:39:45,732 --> 00:39:46,332
Why would they?

469
00:39:46,412 --> 00:39:49,772
They have their lives exposed, constant pressure, might get murdered,

470
00:39:50,012 --> 00:39:51,452
and there's no financial reward.

471
00:39:51,452 --> 00:39:56,912
And so we are attracting idiots to run our country.

472
00:39:57,072 --> 00:39:58,772
Rachel Reeves is an idiot.

473
00:39:59,392 --> 00:40:01,072
Keir Starmer is an idiot.

474
00:40:01,352 --> 00:40:03,152
Ed Miliband is an embarrassment.

475
00:40:04,152 --> 00:40:12,172
Yvette Cooper, Bridget Philipson, David Lammy, these people are rubbish, useless morons.

476
00:40:12,532 --> 00:40:20,212
And they are hollowing out our country through their stupidity, lack of integrity, lack of foresight.

477
00:40:20,212 --> 00:40:27,572
it's it's bad what's your personal red line something the government could do that will

478
00:40:27,572 --> 00:40:33,712
make you leave the country altogether well the last straw might be one that you can't avoid i

479
00:40:33,712 --> 00:40:40,112
mean an exit tax the problem with an exit tax you have to announce it and implement it on the same

480
00:40:40,112 --> 00:40:46,172
day and you can't do that and the minute you announce it everyone's like cheerio we may already

481
00:40:46,172 --> 00:40:52,252
be at that point they might have already cost that red line i'm and not for me you know i i think

482
00:40:52,252 --> 00:40:59,632
about my children right why what reason should they stay here in the uk like we have a state

483
00:40:59,632 --> 00:41:04,212
that's running on fumes which is increasing taxes increasing regulation borrowing more

484
00:41:04,212 --> 00:41:11,452
they are looting the public it's the legalized plunder of bastiat that we are living through

485
00:41:11,452 --> 00:41:15,612
it's so obvious i mean i should get them the fuck out of this country and somewhere with

486
00:41:15,612 --> 00:41:19,812
opportunity so I think the red line's already been crossed when I think of my children

487
00:41:19,812 --> 00:41:24,192
I mean I've had a good life like whatever happens to me happens to me I don't care

488
00:41:24,192 --> 00:41:33,652
but I care about my children but there would be certain authoritarian things that they might do

489
00:41:33,652 --> 00:41:38,912
like they're delaying elections maybe if they stole an election I might be like this is this

490
00:41:38,912 --> 00:41:45,352
is it I gotta go but really I probably should have left before what needs to happen

491
00:41:45,352 --> 00:41:47,652
for the UK to become healthy again.

492
00:41:49,052 --> 00:41:49,392
Huh.

493
00:41:49,692 --> 00:41:51,252
Burn it all down and start again.

494
00:41:52,392 --> 00:41:53,652
I'm going to sound like a broken record.

495
00:41:54,792 --> 00:41:56,932
I think we need a codified constitution

496
00:41:56,932 --> 00:41:59,572
with a Bill of Rights

497
00:41:59,572 --> 00:42:02,672
that protects the freedoms of the people of this country,

498
00:42:03,192 --> 00:42:07,132
which allows the pursuit of happiness,

499
00:42:08,572 --> 00:42:12,692
which massively reduces the function of the state

500
00:42:12,692 --> 00:42:15,232
to give people opportunity.

501
00:42:15,352 --> 00:42:19,872
large parts of what Malay has done in Argentina.

502
00:42:21,132 --> 00:42:23,452
I think a lot can be done in four years.

503
00:42:23,632 --> 00:42:24,812
I think Malay has proved that.

504
00:42:25,452 --> 00:42:28,172
I think the minute you elect somebody on that mandate,

505
00:42:28,732 --> 00:42:30,192
you've started the process.

506
00:42:30,812 --> 00:42:34,072
I don't know if there's like an end point where it's done.

507
00:42:34,672 --> 00:42:36,032
You've started that process.

508
00:42:36,332 --> 00:42:39,172
And once things start to improve, you have to be bold and continue

509
00:42:39,172 --> 00:42:48,512
and you have to do whatever you can to prevent the statist, socialist thieves

510
00:42:48,512 --> 00:42:50,972
getting back into a power and doing that work.

511
00:42:51,592 --> 00:42:53,572
How do you see Bitcoin fitting in?

512
00:42:54,972 --> 00:42:56,012
It's a good question.

513
00:42:56,172 --> 00:42:59,432
I think it's central, but I don't talk about it because it scares people off.

514
00:43:01,152 --> 00:43:03,352
But I think Bitcoin is a forcing function.

515
00:43:03,752 --> 00:43:07,612
It takes the ability to create money away.

516
00:43:07,612 --> 00:43:10,992
It changes all the incentives because you cannot create money.

517
00:43:11,912 --> 00:43:15,972
And so ideally, a country would be on a Bitcoin standard.

518
00:43:16,632 --> 00:43:17,872
So I think it's essential.

519
00:43:18,092 --> 00:43:23,272
I think it's essential for maintaining the reversal.

520
00:43:23,972 --> 00:43:25,572
Why do you think scares people away?

521
00:43:26,152 --> 00:43:27,432
If you don't understand Bitcoin.

522
00:43:28,192 --> 00:43:29,872
Yeah, when you first hear about it,

523
00:43:30,172 --> 00:43:32,212
you've had all these other stories in your head

524
00:43:32,212 --> 00:43:34,312
that it's for criminals and terrorists and it's a Ponzi

525
00:43:34,312 --> 00:43:37,872
and you see some idiot like me driving around in a nice car

526
00:43:37,872 --> 00:43:38,732
and you just think it's about that.

527
00:43:39,672 --> 00:43:42,552
Most people don't understand money truly.

528
00:43:42,712 --> 00:43:44,492
Think about money the way a Jeff Booth does

529
00:43:44,492 --> 00:43:45,852
and think about the economic system.

530
00:43:46,072 --> 00:43:49,292
They're just, they are the boiling frog.

531
00:43:50,132 --> 00:43:54,392
And so to think there's like a completely different financial system

532
00:43:54,392 --> 00:43:57,652
based on scarcity that can work is a huge leap for people.

533
00:43:57,652 --> 00:44:01,552
How would you explain Bitcoin to King Charles in a nutshell?

534
00:44:04,312 --> 00:44:06,912
All right, I'm going to meet King Charles, Buckingham Palace,

535
00:44:07,232 --> 00:44:08,312
go explain Bitcoin to him.

536
00:44:08,952 --> 00:44:14,772
I would say that to have a truly fair and democratic country,

537
00:44:14,772 --> 00:44:17,932
we have to have a fair democratic form of money.

538
00:44:18,532 --> 00:44:21,892
And the only form of fair and democratic money

539
00:44:21,892 --> 00:44:24,412
is one that's ruled by consensus

540
00:44:24,412 --> 00:44:28,472
and does not give the levers of money creation to the state.

541
00:44:28,692 --> 00:44:31,312
And the only form of money that can do that is Bitcoin.

542
00:44:32,492 --> 00:44:32,952
How's that?

543
00:44:33,192 --> 00:44:33,492
That work?

544
00:44:33,492 --> 00:44:33,852
Perfect.

545
00:44:33,852 --> 00:44:34,692
We'll take that.

546
00:44:35,212 --> 00:44:39,612
Let's go through some of the prime ministers you've had, past and present.

547
00:44:40,452 --> 00:44:45,252
For each one, give me one good thing and one bad thing they did for Britain.

548
00:44:45,892 --> 00:44:47,832
Let's start with Margaret Thatcher.

549
00:44:47,992 --> 00:44:50,552
You already mentioned something good she did.

550
00:44:51,472 --> 00:44:54,132
Yeah, look, this will be a challenge.

551
00:44:54,912 --> 00:44:57,752
But for me, Margaret Thatcher, I think the best thing she looks,

552
00:44:57,792 --> 00:45:01,992
she took over a government that was going with its cap in hand to the IMF.

553
00:45:01,992 --> 00:45:11,492
we had a the 70s we averaged 13 inflation and we peaked at 25 and she ended that period with

554
00:45:11,492 --> 00:45:18,752
policies to and it was painful for the country to go through like people went through real pain

555
00:45:18,752 --> 00:45:26,012
but she restored economic confidence in the country um and i think that that's her most

556
00:45:26,012 --> 00:45:31,272
important legacy others will talk about the falklands and respect on the world stage but

557
00:45:31,272 --> 00:45:36,592
actually she you know and she took down the unions but ultimately it was the she restored

558
00:45:36,592 --> 00:45:42,052
economic confidence in the country and her biggest failure would be the poll tax

559
00:45:42,052 --> 00:45:50,152
which if you don't understand it was a tax a local tax i can't remember the tax it was meant to

560
00:45:50,152 --> 00:45:54,972
replace and it was meant to be something that every person paid equally so if you were a billionaire

561
00:45:54,972 --> 00:45:57,632
or you were poor, you all paid it equally.

562
00:45:57,832 --> 00:45:59,332
It was like one vote, one payment.

563
00:46:00,512 --> 00:46:02,572
I think it was like £400 or whatever.

564
00:46:02,912 --> 00:46:07,012
But it kind of went against the spirit of progressive taxation.

565
00:46:07,572 --> 00:46:09,112
You know, if you're poor, you should pay less

566
00:46:09,112 --> 00:46:10,352
and if you're rich, you should pay more.

567
00:46:11,412 --> 00:46:12,332
And it failed.

568
00:46:12,512 --> 00:46:13,792
There were protests on the street.

569
00:46:13,992 --> 00:46:15,332
They couldn't collect it.

570
00:46:15,332 --> 00:46:16,872
And that brought her down.

571
00:46:16,992 --> 00:46:21,632
And that means she ended her period on a negative

572
00:46:21,632 --> 00:46:23,432
when she'd done so much good for the country.

573
00:46:23,432 --> 00:46:30,092
but it was a failed tax idea. John Major? John Major. I don't know a lot about John Major

574
00:46:30,092 --> 00:46:35,792
because I only know about, I mean, I lived through Thatcher Major, but I was so young.

575
00:46:36,812 --> 00:46:42,192
I think one of the most important things he did, look, I'm half Irish. He had an important role in

576
00:46:42,192 --> 00:46:47,532
what eventually became the end of the Troubles in Ireland. I think it was called the Downing Street

577
00:46:47,532 --> 00:46:58,232
declaration or something as i remember it it was a policy based around allowing the irish to vote

578
00:46:58,232 --> 00:47:06,012
uh british rule out of ireland i believe it it was an attempt to end the cycle of violence between

579
00:47:06,012 --> 00:47:12,112
the unionists and the republicans um the the troubles in ireland if you've never watched

580
00:47:12,112 --> 00:47:14,852
and there's a great series that BBC did.

581
00:47:14,992 --> 00:47:17,552
I mean, it was just a cycle of endless violence.

582
00:47:20,132 --> 00:47:22,992
And it felt like there was no way out of it.

583
00:47:23,532 --> 00:47:28,372
Bombings in Ireland, Omar particularly, was a shocking bomb

584
00:47:28,372 --> 00:47:31,192
that they put in a car.

585
00:47:31,492 --> 00:47:33,892
There's a famous photo just before the bomb went off

586
00:47:33,892 --> 00:47:35,952
because you know all the people who died in it.

587
00:47:36,992 --> 00:47:39,872
There was the bombing of the Hotel Bethatria

588
00:47:39,872 --> 00:47:40,752
and they tried to kill her.

589
00:47:42,112 --> 00:47:44,272
But this cycle of violence just did not end.

590
00:47:45,032 --> 00:47:49,092
And I think John Major played a large role in ending that cycle of violence

591
00:47:49,092 --> 00:47:55,552
by giving the idea that the only way this would be solved was through peace.

592
00:47:56,132 --> 00:47:58,592
In terms of a negative, again, I don't know him that well.

593
00:47:58,952 --> 00:48:02,672
So because of that, I guess I don't know what his vision was.

594
00:48:03,472 --> 00:48:08,032
My main negative of him is not understanding what the country stood for under him.

595
00:48:09,132 --> 00:48:10,132
But he's a good guy.

596
00:48:10,212 --> 00:48:11,332
I've listened to good interviews with him.

597
00:48:11,332 --> 00:48:12,372
Tony Blair?

598
00:48:14,772 --> 00:48:18,752
Tony Blair, I've thought about this a lot.

599
00:48:19,652 --> 00:48:23,792
I almost don't want to give him a good because I despise the man

600
00:48:23,792 --> 00:48:27,392
more than anyone that's been in this country.

601
00:48:28,852 --> 00:48:30,092
But I have to hand it to him.

602
00:48:30,132 --> 00:48:31,792
The Good Friday Agreement, again with Ireland,

603
00:48:32,492 --> 00:48:39,952
was basically the actual end of violence in Ireland.

604
00:48:39,952 --> 00:48:42,772
and there has been obviously sporadic moments of violence

605
00:48:42,772 --> 00:48:44,852
and there will be better people who can explain it to IM

606
00:48:44,852 --> 00:48:45,972
but they took risks

607
00:48:45,972 --> 00:48:50,552
but the IRA disarmed after that

608
00:48:50,552 --> 00:48:54,232
and they moved towards a democratic process

609
00:48:54,232 --> 00:48:58,352
in what is a very difficult political environment in Ireland

610
00:48:58,352 --> 00:49:01,392
because it's sectarian

611
00:49:01,392 --> 00:49:06,232
so I do him, Clinton

612
00:49:06,232 --> 00:49:09,772
along with Gerry Adams

613
00:49:09,772 --> 00:49:16,352
who himself took huge risks to negotiate with the British state to end that cycle of violence.

614
00:49:16,492 --> 00:49:21,072
But I cannot not give him credit for that as somebody who's half Irish.

615
00:49:21,732 --> 00:49:24,592
In terms of the things he's done that bad, they are countless.

616
00:49:24,832 --> 00:49:28,492
The Iraq War, I believe he should be tried in The Hague for that.

617
00:49:29,872 --> 00:49:36,692
But I think one of the most evil things he did was remove powers away from central government.

618
00:49:36,972 --> 00:49:39,512
He essentially created the deep state.

619
00:49:39,772 --> 00:49:44,372
by awarding powers to unelected bodies.

620
00:49:45,012 --> 00:49:49,612
And we faced so many consequences from that years down the line.

621
00:49:50,532 --> 00:49:51,172
Gordon Brown.

622
00:49:52,352 --> 00:49:53,992
Again, not somebody I know too much about.

623
00:49:55,912 --> 00:49:59,572
He served one term less than he, well, he should have served,

624
00:50:00,612 --> 00:50:02,192
he should have become prime minister before he did.

625
00:50:02,192 --> 00:50:04,332
Tony Blair had promised him and then served one more term.

626
00:50:04,332 --> 00:50:12,532
and sadly for him he was handed the tail end of that labor administration what i do know about him

627
00:50:12,532 --> 00:50:18,712
is his deep care for poverty and poverty in the country um there's not much i'm going to find good

628
00:50:18,712 --> 00:50:24,872
in a labor politician because i ideologically disagree with the labor party i just disagree with

629
00:50:24,872 --> 00:50:34,152
left-wing parties in this country um but he he does deeply care about people in poverty

630
00:50:34,152 --> 00:50:35,332
and he wants to help.

631
00:50:36,272 --> 00:50:38,232
And that's a good part of his character.

632
00:50:39,792 --> 00:50:43,152
His negatives, I mean, again, I don't know too much.

633
00:50:43,432 --> 00:50:44,412
Did he sell the gold?

634
00:50:44,932 --> 00:50:47,052
I think he sold all our gold, yeah.

635
00:50:47,272 --> 00:50:48,012
David Cameron.

636
00:50:50,592 --> 00:50:54,072
Well, some people would say the Brexit vote was a negative

637
00:50:54,072 --> 00:50:58,812
and he offered it up to the backbenchers in return for them

638
00:50:58,812 --> 00:51:01,112
supporting his run for prime minister.

639
00:51:01,112 --> 00:51:06,412
but I think the referendum on Brexit was a chance for the UK

640
00:51:06,412 --> 00:51:07,632
when we ballsed it up

641
00:51:07,632 --> 00:51:09,452
but it was a chance for vote on our own sovereignty

642
00:51:09,452 --> 00:51:13,832
and by honouring that I think that's a good thing

643
00:51:13,832 --> 00:51:19,372
but at the same time I think it's also his biggest failure

644
00:51:19,372 --> 00:51:21,532
because he bailed on the negotiations

645
00:51:21,532 --> 00:51:23,672
and he should have carried that through

646
00:51:23,672 --> 00:51:25,492
the problem with Cameron

647
00:51:25,492 --> 00:51:29,332
there's very little difference between Cameron and Blair for me

648
00:51:29,332 --> 00:51:35,072
you know you want if you believed in politics which i don't anymore so it doesn't really matter

649
00:51:35,072 --> 00:51:40,512
but if you believe in left and right wing you want sharp differences between these people so

650
00:51:40,512 --> 00:51:46,692
you know what you're voting for i don't think there are sharp differences between these characters

651
00:51:46,692 --> 00:51:57,692
theresa may um i don't know enough about theresa may i i wasn't paying too much attention to

652
00:51:57,692 --> 00:52:03,732
politics at the time she was handed the brexit negotiations i don't know what she did i couldn't

653
00:52:03,732 --> 00:52:08,972
give you a good or a bad i'm indifferent to her because i was not paying too much attention that

654
00:52:08,972 --> 00:52:17,352
time boris johnson a total failure um i think the only good thing he did is he kind of got the

655
00:52:17,352 --> 00:52:25,052
brexit negotiations back on track um but an abject failure a person of all character no substance

656
00:52:25,052 --> 00:52:31,852
destroyed the trust in parliament with party gate completely mishandled covid um

657
00:52:31,852 --> 00:52:36,892
that's a shame because it was somebody people always liked but um just an abject failure

658
00:52:36,892 --> 00:52:43,052
liz truss liz is an interesting one i've got to know liz and

659
00:52:43,052 --> 00:52:51,652
the sad thing about liz truss is she fully understands all the problems in the country

660
00:52:51,652 --> 00:52:57,112
she would echo a lot of what I've said and I echo a lot of what she said in that the deep state is a

661
00:52:57,112 --> 00:53:04,212
problem she wanted to take on the treasury which is a good thing um she recognized uh the problem

662
00:53:04,212 --> 00:53:10,792
of growth and wanted to drive growth she understands that uh we needed to you know reduce taxes and she

663
00:53:10,792 --> 00:53:16,292
wanted to borrow I think the it was the failure of execution now part of that isn't all down to her

664
00:53:16,292 --> 00:53:21,632
like the deep state and the bank of england worked against her but she rushed and i wish

665
00:53:21,632 --> 00:53:25,212
she'd have stuck it out and not resigned and said no i'm sticking to my guns here

666
00:53:25,212 --> 00:53:32,052
fuck you fuck the pressure i wish she'd have stuck with it but handed the reins differently

667
00:53:32,052 --> 00:53:38,412
and she's had to take a lot of arrows since and still does from people who just do not understand

668
00:53:38,412 --> 00:53:44,872
why they are wrong but they are wrong um she's the best prime minister we basically didn't have

669
00:53:44,872 --> 00:53:46,472
over the last two, three decades,

670
00:53:46,752 --> 00:53:47,992
just because she understood the problems

671
00:53:47,992 --> 00:53:49,492
and she was willing to deal with them.

672
00:53:50,292 --> 00:53:52,532
But the mechanics of the state worked against her.

673
00:53:53,152 --> 00:53:55,312
I think she was too strong, and that's the problem.

674
00:53:55,632 --> 00:53:58,192
That machine will work against you.

675
00:53:58,292 --> 00:54:01,132
I've never asked her, but I should ask her why,

676
00:54:01,532 --> 00:54:04,532
if she could have stuck it out, why didn't she?

677
00:54:05,192 --> 00:54:06,452
That's what I'd like to ask her.

678
00:54:06,452 --> 00:54:08,172
Yeah. Rishi Sunak?

679
00:54:10,272 --> 00:54:11,612
Not a huge fan.

680
00:54:12,172 --> 00:54:13,632
I think he's very patronizing,

681
00:54:13,632 --> 00:54:15,732
talks to the country like they're five-year-olds.

682
00:54:17,392 --> 00:54:21,452
But I do think he did restore some economic confidence.

683
00:54:21,672 --> 00:54:23,472
He was proud of CVDCs.

684
00:54:23,492 --> 00:54:25,712
Probably, but they all are because they don't know what they're talking about.

685
00:54:26,272 --> 00:54:28,072
But he restored a lot of economic confidence.

686
00:54:29,092 --> 00:54:32,772
When he handed the reins over to Keir Starmer,

687
00:54:33,232 --> 00:54:36,552
the country was certainly improving on many aspects.

688
00:54:36,652 --> 00:54:38,892
And I say that as somebody who's not a fan of his,

689
00:54:38,892 --> 00:54:46,312
But what I don't think he did is reform the Conservative Party in the way it needed reforming, which is to be a conservative party.

690
00:54:46,412 --> 00:54:52,752
There's too many wet liberals in there from the time of the coalition with the Liberal Democrats, which has really damaged the party.

691
00:54:53,272 --> 00:54:59,132
I don't think he was conservative enough, but I do think he restored some economic confidence.

692
00:54:59,932 --> 00:55:01,152
And what about Keir Starmer?

693
00:55:02,992 --> 00:55:06,892
I don't have anything good to say about Keir Starmer.

694
00:55:06,892 --> 00:55:10,412
I've tried to think about anything he's done

695
00:55:10,412 --> 00:55:13,072
but I have an endless list of bad things

696
00:55:13,072 --> 00:55:16,832
I feel sorry for the man, he's not up to the job

697
00:55:16,832 --> 00:55:20,872
he's been given a job that is very difficult, very challenging

698
00:55:20,872 --> 00:55:22,232
he's just not up to it

699
00:55:22,232 --> 00:55:27,672
he doesn't have the ideas, the character, the leadership skills

700
00:55:27,672 --> 00:55:30,752
required for a Prime Minister at a time like now

701
00:55:30,752 --> 00:55:35,752
he has a front bench of weak, incompetent people

702
00:55:35,752 --> 00:55:40,412
and they've made terrible decision after terrible decision.

703
00:55:42,472 --> 00:55:47,552
They kowtow to their special interest groups.

704
00:55:50,732 --> 00:55:53,052
He's unable to get decisions through.

705
00:55:53,052 --> 00:55:57,032
I mean, I think he's going to be known as the U-turn prime minister

706
00:55:57,032 --> 00:55:59,112
because the amount of U-turns the government has had to make,

707
00:55:59,192 --> 00:56:00,652
things they've tried to do they can't get done.

708
00:56:01,792 --> 00:56:04,952
And the problem is we got a Labour Party at a time

709
00:56:04,952 --> 00:56:07,192
where we didn't, it's the worst kind of party we could have.

710
00:56:07,312 --> 00:56:09,432
We needed a very conservative party.

711
00:56:10,252 --> 00:56:15,812
And because we are, like, altruism is a function of a strong environment.

712
00:56:16,252 --> 00:56:18,232
Like, if you have a strong economic environment,

713
00:56:18,232 --> 00:56:21,052
you can have an altruistic Labour Party, which gives shit away for free.

714
00:56:21,152 --> 00:56:23,112
I don't agree with it, but, like, that's the environment

715
00:56:23,112 --> 00:56:24,572
you want them to have it in.

716
00:56:25,812 --> 00:56:28,332
We have a poor economic environment and a government

717
00:56:28,332 --> 00:56:30,772
that wants to give stuff away for free and borrow more.

718
00:56:31,052 --> 00:56:33,492
And so he's been very weak.

719
00:56:33,492 --> 00:56:34,892
He's weak on the farmers.

720
00:56:35,272 --> 00:56:40,132
He's been weak on government debt.

721
00:56:40,252 --> 00:56:42,672
He's been weak on our civil liberties.

722
00:56:42,912 --> 00:56:44,472
He's been weak on regulation.

723
00:56:45,612 --> 00:56:48,852
I think he is very destructive.

724
00:56:49,192 --> 00:56:52,392
I think he will go down as one of the worst prime ministers in history

725
00:56:52,392 --> 00:56:54,472
or just forgotten about.

726
00:56:54,772 --> 00:56:57,012
But I think he needs to go.

727
00:56:57,892 --> 00:56:59,792
I think he needs to be honest with himself.

728
00:56:59,792 --> 00:57:03,572
I think the coolest thing he could do is resign and admit why he can't do the job.

729
00:57:03,632 --> 00:57:06,812
But he is a very weak man.

730
00:57:07,432 --> 00:57:09,712
And it's not a job for a weak man.

731
00:57:09,892 --> 00:57:18,852
This is a job for someone with a backbone of strength to accept the tough challenges of the country and implement the required changes.

732
00:57:19,092 --> 00:57:19,632
He can't do it.

733
00:57:19,632 --> 00:57:20,932
I have nothing good to say about him.

734
00:57:21,372 --> 00:57:26,252
Can you explain what inflation is and how to stop it really simply?

735
00:57:26,252 --> 00:57:33,232
Well, it's the biggest crime enacted on the public. It's the extraction of money.

736
00:57:34,312 --> 00:57:35,172
You lost me already.

737
00:57:35,512 --> 00:57:44,012
Okay. Hmm. Okay. How should I explain it? Inflation. So inflation is the general increase in prices,

738
00:57:44,472 --> 00:57:54,712
okay, which are not down to market forces. So if I buy a cup of coffee and the price has gone up

739
00:57:54,712 --> 00:58:00,632
because, I don't know, where we buy our coffee from, it's got more expensive because they've

740
00:58:00,632 --> 00:58:05,992
had a poor harvest. That's a temporary increase in prices to reflect the increase in the price of

741
00:58:05,992 --> 00:58:13,252
coffee. But the general increase in prices of everything is from inflation. So as things get

742
00:58:13,252 --> 00:58:20,252
more expensive everywhere, it is because of inflation. Okay, so why? What is it? The mechanics

743
00:58:20,252 --> 00:58:25,832
of that. It's because there's more money being created. So when there's more money in the system,

744
00:58:27,032 --> 00:58:32,692
it's chasing after the same goods and services. And so if it's general supply and demand economics,

745
00:58:32,692 --> 00:58:38,392
it means prices are going to go up. That's inflation. It's the general increase in prices.

746
00:58:38,752 --> 00:58:42,412
But we need to create money because poor people need money.

747
00:58:42,652 --> 00:58:48,212
That's bait. You're baiting me. No, we don't. You are baiting me.

748
00:58:48,212 --> 00:58:52,852
Explain why not. This is the argument that I hear.

749
00:58:52,852 --> 00:58:55,972
You're baiting me. And I know why, because you want the answer.

750
00:58:55,972 --> 00:58:57,252
I want the answer, yeah.

751
00:58:57,252 --> 00:59:01,412
That would assume that when money is created,

752
00:59:02,212 --> 00:59:17,308
that it only created to create a fairer society to help poorer people But that not how money is created and distributed When the government creates money it multiple ways but it ends up on being created through the banks and the banks

753
00:59:17,308 --> 00:59:22,968
end up distributing it so those we call them cantillionaires the cantillion effect is that

754
00:59:22,968 --> 00:59:30,428
those closest to the money get access to it first they get therefore access to the cheap credit to

755
00:59:30,428 --> 00:59:37,828
use it they get to buy the assets as well as other things and when we get the general inflation

756
00:59:37,828 --> 00:59:44,748
the general rise in prices that comes with the back of that it happens quicker than wage growth

757
00:59:44,748 --> 00:59:50,528
and when it happens people are just functionally made poorer because their purchasing power has

758
00:59:50,528 --> 00:59:58,048
been eroded and so your argument is false because that's not how and even if it was

759
00:59:58,048 --> 01:00:05,708
what if you give that money you're not enabling them to create their own money what you're doing

760
01:00:05,708 --> 01:00:10,668
is you're putting a sticking plaster over their financial position but they're still creating more

761
01:00:10,668 --> 01:00:16,908
money in society chasing after the goods and services that will see prices go up how do we

762
01:00:16,908 --> 01:00:24,288
stop it we have to stop money creation and the only way we can do that is making bitcoin the

763
01:00:24,288 --> 01:00:30,028
only money that people use. You think people can go from not knowing Bitcoin to Bitcoin? I have.

764
01:00:30,508 --> 01:00:38,808
Yes. You have? Yes. So yes. Without using labels, can you describe the kind of economic system

765
01:00:38,808 --> 01:00:44,628
you believe would work best in the UK and why? Well, it's not just the UK, it's anywhere. Yeah.

766
01:00:44,628 --> 01:00:52,608
I think the best financial system is one where the base layer of money is decentralized and not

767
01:00:52,608 --> 01:01:00,228
controlled by any individual group of people where the money supply cannot be expanded because that

768
01:01:00,228 --> 01:01:06,048
changes the incentives and the mechanics of the system that's the only way if someone gave you

769
01:01:06,048 --> 01:01:13,868
the uk tomorrow yes what's the first law you would pass the first law i would pass would be universal

770
01:01:13,868 --> 01:01:19,048
free speech i would give us what they have in the first amendment in america you know that's the

771
01:01:19,048 --> 01:01:24,148
first thing I would do, because I think I'd want to establish freedom and liberty within the

772
01:01:24,148 --> 01:01:29,988
country. So the first thing I would do is say, you are free to speak. You can think and speak freely

773
01:01:29,988 --> 01:01:36,168
and you are not going to face any legal consequences there. You might face social

774
01:01:36,168 --> 01:01:40,748
consequences, but that's fine. Let's go through some of the main government departments.

775
01:01:41,428 --> 01:01:45,468
Just say what comes to mind, what's broken and what needs fixing fast.

776
01:01:45,708 --> 01:01:47,328
Okay. Ministry of Defence.

777
01:01:47,328 --> 01:02:14,948
Yeah, I mean, we've not invested in defense. I think our defense is, I think, look, I think our Marines, our SAS and SBS are very good and highly respected. But I think we've not invested in our defense for a long time. And we, I mean, I think there's some like tank things we got recently that are just completely broken. We had a nuclear deterrent test that completely failed. But I think we have a weak defense that we've not invested particularly well in.

778
01:02:14,948 --> 01:02:19,488
I would want it as a deterrent that we're not a weak country you can just walk into and take.

779
01:02:21,488 --> 01:02:22,828
I mean, that's the main reason.

780
01:02:23,388 --> 01:02:24,008
The Treasury.

781
01:02:24,568 --> 01:02:37,068
I think it's part of the mechanics of funding the government and funding irresponsible economic policy.

782
01:02:38,028 --> 01:02:42,348
This is one of the things Liz Truss has challenged, the orthodoxy of the Treasury.

783
01:02:42,348 --> 01:02:48,848
I think it needs to be run by a minister and not its own department.

784
01:02:49,408 --> 01:02:51,468
I just think it's a department of theft.

785
01:02:52,528 --> 01:02:54,988
Department of Health and Social Care.

786
01:02:55,428 --> 01:02:58,188
I think it's too kind and wants to fix everything.

787
01:02:59,028 --> 01:03:02,208
And that means it needs an infinite budget.

788
01:03:03,368 --> 01:03:04,788
Department for Education.

789
01:03:05,748 --> 01:03:07,368
It's just an embarrassment.

790
01:03:08,128 --> 01:03:11,128
We spend more on debt interest in our country than we do on education.

791
01:03:11,128 --> 01:03:14,068
and we're indoctrinating children as to leftist bollocks.

792
01:03:14,728 --> 01:03:15,468
It's an embarrassment.

793
01:03:15,748 --> 01:03:21,068
We are not creating resilient, strong, intelligent kids

794
01:03:21,068 --> 01:03:21,968
who think critically.

795
01:03:22,408 --> 01:03:23,948
I mean, there was a thing that came out recently.

796
01:03:24,708 --> 01:03:28,408
Something like eight in 10 teachers would vote for Labour or Green.

797
01:03:29,688 --> 01:03:31,568
I mean, that's terrifying.

798
01:03:31,848 --> 01:03:34,288
And you leave your kids with them for six hours.

799
01:03:34,288 --> 01:03:34,768
Not mine.

800
01:03:35,548 --> 01:03:37,348
Department of Business and Trade?

801
01:03:37,348 --> 01:03:45,268
I would close it down because they get in the way of business and trade and I would allow the free market to do its thing.

802
01:03:46,408 --> 01:03:49,428
Department for work and pensions?

803
01:03:50,328 --> 01:03:58,908
Same, but the thing is I would close all of these departments because they don't do the things I would do with government, which is defend life, liberty and property.

804
01:03:58,908 --> 01:04:07,168
And so all these are departments that create extraction mechanisms from the productive parts of society.

805
01:04:07,348 --> 01:04:11,388
And some people might think that you close them because you don't care about these things.

806
01:04:11,388 --> 01:04:12,988
I close them because I care.

807
01:04:13,788 --> 01:04:15,988
Yeah, I close them because I care.

808
01:04:16,308 --> 01:04:25,528
Because I don't know a single government department which net improves the things it wants to do.

809
01:04:25,728 --> 01:04:32,388
I think it's all a drag on the freedoms of people to go out and create and be prosperous.

810
01:04:33,088 --> 01:04:34,388
Ministry of Justice?

811
01:04:34,388 --> 01:04:39,688
I mean, it's been captured and weaponized against the British public.

812
01:04:40,848 --> 01:04:49,768
And I don't know what I'd do with it, but we have lawfare that the government weaponizes against its own people.

813
01:04:50,348 --> 01:04:51,408
Department of Environment?

814
01:04:53,128 --> 01:04:54,268
Oh, do you know what?

815
01:04:54,308 --> 01:04:57,668
If I was going to leave one department, maybe those.

816
01:04:57,668 --> 01:05:05,368
it's one of my challenges on the libertarian end of things in that you don't have to look at

817
01:05:05,368 --> 01:05:11,308
a DuPont and what they did you can watch the film Dark Waters and how they poisoned the land look

818
01:05:11,308 --> 01:05:19,288
no restraints on business um I've never heard a very good libertarian answer

819
01:05:19,288 --> 01:05:26,188
for uh for this because it's a bit like what happened with um the film Dope Sick

820
01:05:26,188 --> 01:05:32,968
when Purdue created OxyContin and the calamity,

821
01:05:33,208 --> 01:05:36,008
the catastrophic impacts of the opioid crisis.

822
01:05:37,208 --> 01:05:41,968
And I don't know in a free market if there is any mechanisms to stop that.

823
01:05:42,508 --> 01:05:46,328
Sure, the mechanisms whereby people have free access to healthcare,

824
01:05:46,328 --> 01:05:53,768
but we saw that people committed crime to satisfy their addictions.

825
01:05:53,768 --> 01:05:57,248
and I just never heard a great libertarian answer for that.

826
01:05:57,368 --> 01:06:00,728
So I think I would perhaps be one of the last departments I would close.

827
01:06:01,608 --> 01:06:02,828
And maybe I don't.

828
01:06:02,928 --> 01:06:07,748
Maybe a healthy environment is part of the pursuit of happiness,

829
01:06:07,948 --> 01:06:09,408
something that a government should defend,

830
01:06:09,508 --> 01:06:12,088
that you get to live in a nice, healthy environment

831
01:06:12,088 --> 01:06:17,628
and there are some limited restrictions they could put in place.

832
01:06:17,628 --> 01:06:18,968
The energy department?

833
01:06:20,268 --> 01:06:23,008
I think the energy should be free market.

834
01:06:23,008 --> 01:06:33,048
I think our Department for Energy has led to us having the most expensive energy in the world, which is a tax on businesses and cripples us.

835
01:06:33,308 --> 01:06:34,968
I mean, it's just catastrophic.

836
01:06:35,528 --> 01:06:38,768
You know, when you talk about free market, what do you mean?

837
01:06:38,768 --> 01:06:53,548
Well, the free market is the ability for you and I to freely exchange with each other, for you to provide something, set a price and me to agree contractually to exchange money for whatever it is you're providing.

838
01:06:54,368 --> 01:07:03,888
And the free market means there's no government regulations or barriers that get in the way of that exchange that distorts that market, distorts the prices.

839
01:07:04,888 --> 01:07:06,428
So that's what the free market is.

840
01:07:06,428 --> 01:07:12,028
do I think we'll ever get a fully free market? Probably not. But I would like,

841
01:07:12,548 --> 01:07:19,408
give me 90% of regulations and interference, and we will have a much more prosperous function in

842
01:07:19,408 --> 01:07:24,428
society, which will create more jobs and opportunity for people. I would remove government

843
01:07:24,428 --> 01:07:29,588
from interfering with where energy comes from and the prices that are being charged.

844
01:07:30,068 --> 01:07:34,268
There are some challenges with that, in that obviously you don't want to have,

845
01:07:34,268 --> 01:07:40,908
if you had competition in electricity you don't want to have two sets of electric lines side by

846
01:07:40,908 --> 01:07:45,868
side and choose which way you want to be and so the competition has to act within a single

847
01:07:45,868 --> 01:07:52,208
infrastructure and perhaps there is a role in government for the infrastructure the providing

848
01:07:52,208 --> 01:07:58,148
the infrastructure not providing but allowing the competition to exist within that infrastructure

849
01:07:58,148 --> 01:08:07,488
but it's the it's the regulation and the taxes and the burden and the focus on this kind of net

850
01:08:07,488 --> 01:08:13,868
zero stupidity which i believe has led to us having the most expensive prices in the world

851
01:08:13,868 --> 01:08:18,948
because in a free market for energy we wouldn't have the large solar and wind farms we'd probably

852
01:08:18,948 --> 01:08:28,028
still be burning coal um we may have more nuclear and so i think i think in a free a freer

853
01:08:28,028 --> 01:08:32,088
market for energy in this country, we would have demonstrably lower energy prices.

854
01:08:33,408 --> 01:08:38,608
What kind of leadership style do you think is necessary to fix those issues?

855
01:08:40,288 --> 01:08:42,388
Probably a number of skills I don't have.

856
01:08:43,908 --> 01:08:44,588
I bet you do.

857
01:08:45,088 --> 01:08:55,388
I think you have to be honest, stoic, factual, non-confrontational, unless it's required.

858
01:08:58,028 --> 01:09:01,348
I think you have to leave your ego at the door.

859
01:09:02,348 --> 01:09:05,328
I don't know if that person exists within this country right now

860
01:09:05,328 --> 01:09:08,068
and if they did, whether people would want them.

861
01:09:09,068 --> 01:09:11,208
I think we're so gone and so broken.

862
01:09:12,408 --> 01:09:14,488
Let's play 2029.

863
01:09:15,068 --> 01:09:18,808
Prime Minister McCormack walks into his first cabinet meeting.

864
01:09:19,168 --> 01:09:20,768
Who do you surround yourself with?

865
01:09:21,008 --> 01:09:23,268
What kind of people are sitting at the table?

866
01:09:23,688 --> 01:09:26,408
And what qualities do you value most in them?

867
01:09:28,028 --> 01:09:31,988
I would surround myself with experts in their field.

868
01:09:34,588 --> 01:09:38,488
Hopefully my energy secretary would be Catherine Porter.

869
01:09:38,908 --> 01:09:41,588
I believe she is an expert in understanding energy.

870
01:09:43,208 --> 01:09:47,988
On the economic side, I'd hope to have Jeff Booth with me,

871
01:09:48,148 --> 01:09:49,448
but I might not be able to get him,

872
01:09:49,448 --> 01:09:54,028
so I don't be someone like Shankasingham.

873
01:09:54,028 --> 01:10:02,868
it'd probably be a bunch of people i've interviewed who i respect um it would be as small as possible

874
01:10:02,868 --> 01:10:11,708
focused entirely on delivering exactly what i would want my mandate to be which is drastically

875
01:10:11,708 --> 01:10:17,948
reduce the size of government focused on life liberty and defense of property property rights

876
01:10:17,948 --> 01:10:25,048
and the quality I would want from them all is loyalty to the mission

877
01:10:25,048 --> 01:10:31,768
because I would set it as a specific plan and a timescale

878
01:10:31,768 --> 01:10:35,248
and once we've delivered I would want to be able to step down

879
01:10:35,248 --> 01:10:36,388
and return to normal life.

880
01:10:36,948 --> 01:10:39,948
I have no desire for power, I have desire for results

881
01:10:39,948 --> 01:10:42,348
and so I would say be loyal to the plan,

882
01:10:43,348 --> 01:10:45,228
put all your personal ambition to one side,

883
01:10:45,228 --> 01:10:46,408
take one for the team in this

884
01:10:46,408 --> 01:10:49,328
and if we agree to this plan, let's go and execute it.

885
01:10:50,148 --> 01:10:52,148
Don't work against this department.

886
01:10:52,328 --> 01:10:53,268
Don't work against me.

887
01:10:53,268 --> 01:10:57,068
And hopefully they will be loyal to the mandate.

888
01:10:58,308 --> 01:10:59,928
I think you will get Jeff Booth.

889
01:11:00,348 --> 01:11:01,888
Maybe. I'm not sure if he's allowed to be.

890
01:11:02,288 --> 01:11:03,848
Oh, I don't know. An advisor?

891
01:11:04,428 --> 01:11:05,708
Yeah, maybe as an advisor.

892
01:11:06,448 --> 01:11:08,648
What was your campaign slogan during the elections?

893
01:11:09,068 --> 01:11:09,788
PM for PM.

894
01:11:12,648 --> 01:11:14,148
The Great Restoration.

895
01:11:14,148 --> 01:11:20,788
do you think the people that know you well your staff your players your audience will have bought

896
01:11:20,788 --> 01:11:30,748
it for you i think so why i think i've built trust i think i've i've executed on the promises i've

897
01:11:30,748 --> 01:11:36,728
made i've set a vision and stuck to it so i think people will trust me i think the people close to

898
01:11:36,728 --> 01:11:41,768
me there's a there's a gap between people who don't know me who and they form their opinions

899
01:11:41,768 --> 01:11:43,548
of who I am and who I actually am.

900
01:11:43,588 --> 01:11:44,608
And the people around me know me.

901
01:11:44,708 --> 01:11:45,648
So I think they trust me.

902
01:11:46,588 --> 01:11:48,648
Pete, I see your tweets.

903
01:11:49,268 --> 01:11:50,608
I listen to your pot.

904
01:11:51,008 --> 01:11:52,408
You are utterly frustrated.

905
01:11:53,208 --> 01:11:55,388
You are an honest, hardworking builder,

906
01:11:55,688 --> 01:11:57,328
a thousand percent British

907
01:11:57,328 --> 01:12:00,068
and absolutely disgusted with your government.

908
01:12:00,708 --> 01:12:04,928
You turn a part team into a global Bitcoin billboard.

909
01:12:05,388 --> 01:12:07,508
You are doing what Bitcoin has always said

910
01:12:07,508 --> 01:12:08,648
we were supposed to do,

911
01:12:08,928 --> 01:12:10,108
not just the stack stats,

912
01:12:10,108 --> 01:12:13,428
but get out there and help fix the world.

913
01:12:14,068 --> 01:12:18,068
You've got the heart, the empathy, and the courage to do it.

914
01:12:18,788 --> 01:12:22,548
You've got the skills to surround yourself with the best and brightest.

915
01:12:23,148 --> 01:12:29,188
And you could get the support of the Bitcoiners that helped put Trump in the White House.

916
01:12:29,548 --> 01:12:33,648
You didn't vote in the last three elections because you didn't feel represented.

917
01:12:34,248 --> 01:12:39,148
But could you be the representation millions of British people are longing for?

918
01:12:39,148 --> 01:12:52,668
I mean, I could be. It's whether they want what I'm selling, the mandate I would want to deliver, and they would believe in it. That's a very tough thing.

919
01:12:53,208 --> 01:13:00,588
So, Pete McCormack, four years from now, Prime Minister, why not? Could you be the leader return needs?

920
01:13:00,588 --> 01:13:08,808
not in four years maybe in eight years when reform come in and unable to deliver perhaps then

921
01:13:08,808 --> 01:13:15,288
i don't think i'm on that path to do that that's the problem because that path needs

922
01:13:15,288 --> 01:13:26,368
direction it needs commitment it needs intentionality and i don't have the intention

923
01:13:26,368 --> 01:13:31,748
of doing that. So I'm just a guy who writes some blogs and makes some podcasts at the moment.

924
01:13:32,708 --> 01:13:39,248
Should somehow my content create a movement where people want it? And my family wanted me to do it,

925
01:13:39,388 --> 01:13:44,388
and I believed I could do it. Why not? I'd have to surround myself with some far more intelligent

926
01:13:44,388 --> 01:13:49,908
people than I am. But I think the skill I would have would be to bring people along.

927
01:13:50,768 --> 01:13:55,728
The smart people would have to execute it. We need to call the early Bitcoiners to the table

928
01:13:55,728 --> 01:14:01,148
to help finance the presidential campaign to change Britain and the world.

929
01:14:01,868 --> 01:14:08,888
So to wrap up, if the Bitcoiners showed up, if the money was there, would you say yes?

930
01:14:08,888 --> 01:14:17,788
If I believed that what is required could be achieved, of course.

931
01:14:18,808 --> 01:14:25,528
It would be no greater privilege to serve your country and restore it to what it needs to be.

932
01:14:25,728 --> 01:14:36,668
um i don't i think you've put the cart before the horse i think if i wanted to and chose to do i

933
01:14:36,668 --> 01:14:44,048
think the bitcoiners would support me and say go for it pete i just need to believe i can and have

934
01:14:44,048 --> 01:14:48,048
the intentionality to do it and it is something i wrestle with regularly

935
01:14:48,048 --> 01:14:58,328
if you would say yes what would you call first um my first phone call i i wouldn't answer here

936
01:14:58,328 --> 01:15:02,208
um there is somebody who's already told me to do it

937
01:15:02,208 --> 01:15:07,768
and i would i just wouldn't throw them under the bus there's a few people i would call

938
01:15:07,768 --> 01:15:17,328
i'd call danny just to laugh about it um i'd call jeff booth say jeff this one thing again

939
01:15:18,048 --> 01:15:18,928
I think it's possible.

940
01:15:19,548 --> 01:15:20,168
Can you help me?

941
01:15:22,028 --> 01:15:23,968
I would call Lynn Alden and say,

942
01:15:23,968 --> 01:15:28,548
Lynn, I need some guidance on the economic side of things.

943
01:15:32,648 --> 01:15:36,708
I'd give my friend American Hoddle a call and say,

944
01:15:36,788 --> 01:15:37,668
am I being a moron?

945
01:15:37,788 --> 01:15:39,388
And he'll say, yeah, but you can do this.

946
01:15:40,388 --> 01:15:41,968
There's no one first call.

947
01:15:43,168 --> 01:15:44,088
Well, probably Danny.

948
01:15:44,088 --> 01:15:48,228
i'll probably phone danny and say am i actually doing this

949
01:15:48,228 --> 01:15:54,628
yeah does britain need you or do you need britain

950
01:15:54,628 --> 01:16:03,828
oh britain doesn't need me but britain the uk needs a good strong leader who can restore it

951
01:16:03,828 --> 01:16:10,568
to greatness and there are many better people than me who are far more skilled or able to do

952
01:16:10,568 --> 01:16:19,588
this that perhaps don't understand the problem and ideally a few of them start to connect the

953
01:16:19,588 --> 01:16:25,268
dots and realize actually this is what's required I mean ideally Nigel Farage is going to probably

954
01:16:25,268 --> 01:16:30,708
become our next prime minister reform will most likely win the next election the ideal world he

955
01:16:30,708 --> 01:16:40,288
fully understands this and he executes it because he has that path to power and so yeah I don't need

956
01:16:40,288 --> 01:16:46,708
the uk i want it when i interviewed jeff booth uh he told me that he didn't want to write the

957
01:16:46,708 --> 01:16:52,688
price of tomorrow and i asked him why not and he said because i wanted someone else to do it

958
01:16:52,688 --> 01:17:00,648
but i kept talking about these concepts no one was receptive so i had to go and write the book

959
01:17:00,648 --> 01:17:06,188
he's a very special man our jeff booth it's a little bit of what you're saying yeah

960
01:17:06,188 --> 01:17:07,268
Yeah, yeah.

961
01:17:07,788 --> 01:17:08,928
I'll ponder this.

962
01:17:09,468 --> 01:17:10,028
Last one.

963
01:17:10,208 --> 01:17:10,468
Okay.

964
01:17:10,808 --> 01:17:12,168
Are you proud of yourself?

965
01:17:13,648 --> 01:17:15,448
I'm just not sure I think about it.

966
01:17:17,428 --> 01:17:19,608
I want to be proud of myself as a father.

967
01:17:20,568 --> 01:17:22,048
That's really important to me.

968
01:17:22,908 --> 01:17:24,068
Pride comes before the fall.

969
01:17:25,108 --> 01:17:27,588
I don't need to be proud of myself.

970
01:17:28,308 --> 01:17:32,528
I just need good intentions to ensure I follow through on them.

971
01:17:33,108 --> 01:17:34,128
Thanks for your time.

972
01:17:34,328 --> 01:17:34,868
Thank you.

973
01:17:34,868 --> 01:17:41,708
your candor and everything you've built pete where can people follow you argue with you or buy you a

974
01:17:41,708 --> 01:17:48,268
pint i mean i'm usually in my coffee shop or at the football that's easy to find otherwise i have

975
01:17:48,268 --> 01:17:53,188
a podcast it's called the peter mccormack show you can find it on youtube spotify anywhere and

976
01:17:53,188 --> 01:18:02,848
i have a twitter at peter mccormack i can be a little bit noisy and loud are you lost i can

977
01:18:02,848 --> 01:18:03,308
I'm trying to remember

978
01:18:03,308 --> 01:18:03,968
why Nostra is.

979
01:18:04,268 --> 01:18:05,968
I think it's McCormack.

980
01:18:06,068 --> 01:18:06,628
We'll find it.

981
01:18:07,168 --> 01:18:07,488
But yeah,

982
01:18:07,748 --> 01:18:09,248
I've just started posting

983
01:18:09,248 --> 01:18:09,828
on there a little bit

984
01:18:09,828 --> 01:18:10,308
more recently

985
01:18:10,308 --> 01:18:11,048
rather than just like

986
01:18:11,048 --> 01:18:11,928
posting here on my shows

987
01:18:11,928 --> 01:18:12,928
like a couple of comments

988
01:18:12,928 --> 01:18:13,328
recently.

989
01:18:14,188 --> 01:18:15,188
Bitcoin Twitter's dead.

990
01:18:16,028 --> 01:18:17,168
Can't wait to have you back.

991
01:18:17,388 --> 01:18:18,068
Until then,

992
01:18:18,488 --> 01:18:19,068
stay sovereign.

993
01:18:19,528 --> 01:18:20,048
Thank you.

994
01:18:20,948 --> 01:18:22,488
I understand everything

995
01:18:22,488 --> 01:18:23,668
that Michael said now.

996
01:18:24,908 --> 01:18:25,348
Yeah,

997
01:18:25,528 --> 01:18:26,688
there's a lot to think about here

998
01:18:26,688 --> 01:18:28,128
and I appreciate

999
01:18:28,128 --> 01:18:30,868
the hard work

1000
01:18:30,868 --> 01:18:31,528
that you've put into

1001
01:18:31,528 --> 01:18:32,188
those questions

1002
01:18:32,188 --> 01:18:37,408
because no interview has ever made me think this deeply

1003
01:18:37,408 --> 01:18:39,688
and forced me to be so honest.

1004
01:18:39,788 --> 01:18:40,548
So I appreciate you.

1005
01:18:40,628 --> 01:18:40,928
Thank you.

1006
01:18:41,008 --> 01:18:41,488
Thank you, Pete.