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we wanted to Bitcoin model.

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Bitcoiners have their own style of language, their own sort of model of the

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world, the way we understand stuff, the and, there's a large corpus of information

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out there around Bitcoin, from, praxeology, to Bitcoin and mushrooms, to

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Bitcoin and yoga, to Bitcoin and Death metal, you name it, whatever, right?

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It's all out there.

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And I think that's broad enough for you to be able to, um,

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build a Bitcoin language model,

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this is not something that knows anything.

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It's just something that reflects.

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like aggregate of what the Bitcoin paradigm thinks,

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Welcome back to the Freedom Footprint show with Knut Svanholm

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and me, Luke the Pseudo Finn.

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And today's guest is our friend, Alex Svetsky.

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You might know him as the co author of the Uncommunist Manifesto.

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He's also the founder of the Bitcoin Times Magazine, and he's

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got a really interesting project, the Spirit of Satoshi AI project.

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So Alex, welcome to the show.

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Thank you, man.

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I thought, I thought you were about to say spirit of Satan, the way you

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pronounced Satoshi there for a second.

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that's the death metal AI.

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Uh, Luke is working on that.

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I think

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got it.

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Sorry, stuck to the tongue.

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Alexander, the great welcome.

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yeah, we'll, Unpack some stuff about the spirit of Satoshi first.

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So, and you told me a bunch about how this works in Prague and some

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misconceptions about AI in general.

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I really love the term you, I think you coined the midwit of Solescence technology

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instead of artificial intelligence.

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So, um, in your mind, why, why is an AI not intelligent?

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big question.

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I think, first of all, it's very hard to define intelligence.

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And from what I at least understand, intelligence seems to have

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something to do with, agency.

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I mean, at the very least consciousness, I think is very much

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got something to do with intelligence.

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Sorry, consciousness has something very much to do with agency.

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And.

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General intelligence, at least the human flavor of it, definitely

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has something to do with agency.

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And I think if we had to...

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Separate, out machine, quote unquote, intelligence, um, versus the, the human

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kind, uh, or the, uh, the alive kind, or the sentient kind, or the conscious kind.

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Um, I think that's probably the, the central factor.

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But beyond just that is the fact that, yeah, intelligence is just a tricky,

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it's a tricky thing to define, like different people define it different ways.

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you know, and you have different types of intelligences, um, you know.

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tell you that a tree is much more intelligent at transforming, you

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know, sunlight into photosynthesis and growing, you know, and leaves

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and wood than we are, right?

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Um, or that a computer is.

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So, so like there's, there's so many varied, uh, definitions

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or domains or contexts.

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For intelligence that, um, you know, I guess you could argue that

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machines, uh, intelligent in their specific domain, like obviously a

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tree can't do what a computer can do.

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but these things are ultimately fundamentally directed by us.

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So I think they're more like tools than they are, uh, what people conceptualize

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as, intelligent beings or intelligent agents or intelligent Something, you

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know, with, with more substance than, um, than what a computer essentially is.

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All right.

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Uh, so, so what, what is an AI and what does it do then?

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Uh, and how do you program one?

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How, and how, how did you get the idea to, uh, to, to build your own and why?

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So, okay, five questions.

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Let me, let me start with the first one.

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Uh, you know, what, what are these things?

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Um, I think a better definition for, you know, these, these programs essentially

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is they're probability machines.

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fundamentally they, you know, you You train them, even the word train is a

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little bit, uh, misleading, but you, you train them, you, you use the,

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basically the law of large numbers, to recognize patterns, um, and what

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we find that is much of the world.

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Much of the things around us have patterns.

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The problem is that, you know, patterns are infinitely fractal,

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you know, up and down the spectrum.

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So you'll never be able to, you know, I believe build something that can

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analyze all the patterns, right.

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And, you know, human beings are a unique example of something that is good at both.

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like we're good at recognizing patterns across a broad, broad,

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broad, broad, broad range of things.

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Um, but we also, you know, combine that with some sort of Fumos

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or some sort of like internal.

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drive towards something like, you know, we, we, we have a direction and, you

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know, an agency, as we were discussing earlier, like we, we have a desire,

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to go somewhere, but to come back to these machines, like, we have found

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patterns, not only in mathematics, you know, more recently, obviously

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with the language models, we found that language is very pattern driven.

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and.

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If we can analyze the patterns, if we can associate numbers or vectors to words and

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sentences and things like that, we've been able to build machines which can basically

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vomit out, strings of sentences, words, paragraphs, whatever, that seemingly

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represent something intelligent, and You know, this, this is not to say, this

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is not to talk down and say, oh, you know, these things are useless because

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they're actually pretty damn interesting.

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You can sit there and have a bloody conversation with a computer.

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That's like wild.

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Um, you know, this was, I mean, fundamentally, like traditionally, sorry,

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speaking, this was thought of as the point of reaching general intelligence.

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Um, you know, unfortunately for the nerds, uh, that wasn't, uh, the

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outcome of figuring out language.

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You know, what we figured out was that language is definitely, or at least

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the 80 20 rule applies to language, you know, you can get 80 percent

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of the language, production by, you know, maybe 20 percent of like, maybe

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what language is made up of, right?

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You know, um, the other 80%, I don't think will, uh, will ever achieve

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because the other 80 percent has, as I said, something to do with consciousness

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or agency or intent, et cetera.

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But we have found a way to use the law of large numbers, uh, to do pretty miraculous

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things, uh, in the domain of language.

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And, you know, what these.

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Probability machines like ChadGPT do is they probabilistically string words

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together in a basically a sophisticated autocomplete such that it tells you

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something that is as if a human read it.

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Now, not a very intelligent human, not a very creative human, not a very, uh,

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unique thinking human, but definitely sounds like some form of human built it.

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And this is where I guess we go into what I call midwit obsolescence technology

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is that, you know, much of what you'll get out of chat GPT is something that

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some midwit in some bureaucratic, Institution would have written, you

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know, someone from New York Times or CNN or something like that, just like

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fucking a bunch of words that don't actually say or mean or, you know, do

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anything, but they're just written.

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And, you know, to me, that's really ironic.

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It's that the, the very people who these models are most likely to replace.

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are the same kind of people who build these things, um, which

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to me is, it's quite funny.

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and that's why I said like, you know, maybe the greatest invention here

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is the Midwood Obsolescence piece.

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So I don't know if you want me to stop there for a bit before we go into

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what I decided to do in this space, um, or if you want me to continue

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Only one point about that.

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It's, it's funny how a funny observation is like computers in

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movies from the seventies and early eighties were doing exactly this.

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You were talking to a computer.

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What they didn't predict is that graphics would.

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outpace this kind of technology.

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People thought that this would be the thing early on, but, but, uh, we

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haven't had it until now really that the computers could, could do these things.

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Yeah.

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Yeah.

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I mean, it's, it's computation.

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Once again, like if we, if we had to pick what element of intelligence,

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you know, we've sort of cracked here is we've, we've cracked the language

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element of computational intelligence.

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and, you know, my, my, my understanding, at least that's quite narrow in the

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broad spectrum of what intelligence is.

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are, right, like we mentioned earlier, with like, trees have an intelligence,

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you know, like the panther has like, incredible physical bodily intelligence,

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a motherfucking panther can jump from a tree to a tree, good luck, you know,

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the computer doing that, so, so like, these things You know, very, and it's,

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it's, you know, it's very easy for us to, you know, human beings are like that.

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We, we, our imagination extrapolates things out.

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Like I remember when chat GPT first came out, they're like, you know, GPT 3.

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5, you know, it was trained on the whole internet, which is

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wrong in the first place, but you know, that's whatever I'm saying.

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And like chat GPT 4 is going to be an order of magnitude bigger

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and then an order of magnitude.

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And like within 12 months we'll have AGI and you know, like it's all over.

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And like there was this guy that I was following when I

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first went down the rabbit hole.

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And he's, you know, one of the so called the best, uh, AI engineers in the world.

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And for the last year, I swear to God, 90 percent of his videos, the

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thumbnails is AGI around the corner, like months away, months away.

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It's just like the same thing around.

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I'm like, bro, you don't get it.

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Speaking of, speaking about pattern recognition, it's so funny because

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that AGI is around the corner or a Skynet is coming or whatever.

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It sounds a lot like Other, you know, tabloid journalism, like, oh,

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they finally found Life on Mars.

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That, that's a, that has been a headline in Popular Science

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magazines for 40 years now.

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Yeah, the sea levels are rising.

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We're all going to die.

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You know, like the it's, you know, it's blazing hot in Europe.

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Everyone's going to burn.

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so, so, but, but, but the, the pattern I recognize here is that.

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Journalism sort of cracked that code as well, like, by, by, by being

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deliberate midwits, they created an analog AI before AI was invented,

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because like, AI is totally, like, replaces journalism first, right?

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Because it's so easy to write some bullshit about some other bullshit,

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it's, it's, it's literally parroting.

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This touches on an interesting point.

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So like, one of the things we've realized with these models is

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that they're essentially mirrors of what you train them on.

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And I think fundamentally, because most of the shit out there on the internet

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these days, it's just been written by the middle of the bell curve midwits.

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Like, think about like the average blog, It's, you know, it's, it's in

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the word it's average, you know, like think about the average, you know,

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newspaper, the average, you know, write up from a journal, like all of stuff.

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So that makes up the corpus of data.

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Think about Wikipedia, like, you know, if you want to think what

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mid is like, go read Wikipedia.

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Um, and, you know, you sort of get a sense of this stuff.

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And this is what a lot of the models are just trained on, like

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whether they're open source or closed source, it doesn't matter.

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Like the, the, the kind of corpus of data that these things are

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trained on is pretty similar.

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Like, you know, Falcon, Lama, ChadGBT, you name it, you know, the new

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competitors, all this sort of stuff.

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It's all very similar.

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You know, maybe arguably the only one that's substantially different at this

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point is Elon's one that he's messing around with because he's got Twitter

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data in there and Twitter is like, you know, definitely a different DataSource.

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but you know, we'll, um, you know, we'll sort of see where this goes, but

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yeah, you touched on an interesting point, which is if the majority of

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stuff, if 80 percent of the stuff that's out there that's been written by

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midwits, then, you know, the model is obviously going to sound like a midwit.

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Which is essentially what it is

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So, so you told me that when, when you built the spirit of Satoshi, that

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in order to train it, for lack of a better word, you need to rewrite

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everything into questions and answers,

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once again, depending on the outcome, right?

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So like if we want to, um, so this is the mirroring that I just mentioned

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before is if you want a model to answer questions, you need to train

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it with question and answer pairs.

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So you basically need to give it examples.

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Um, there's no point in getting big chunks of paragraphs from books and feeding it.

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Because there's no example of a question or an answer there.

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So these things, as I said, this is actually a perfect segue

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from what we were saying, is like they're mirroring machines.

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So they, they, you know, the patterns that you give it enough times, uh, it seems to

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be able to reconstruct that, back at you.

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And this, this is why we wanted to Bitcoin model.

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Is because, you know, Bitcoiners have their own style of language, you know,

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their own sort of model of the world, the way we understand stuff, the way we

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perceive stuff, and, you know, there's a large corpus of information out there

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around Bitcoin, you know, like, I mean, there's everything from, you know, Bitcoin

231
00:12:45,131 --> 00:12:50,721
and praxeology, to Bitcoin and mushrooms, to Bitcoin and yoga, to Bitcoin and Death

232
00:12:50,721 --> 00:12:51,911
metal, you name it, whatever, right?

233
00:12:51,921 --> 00:12:52,541
It's all out there.

234
00:12:53,091 --> 00:12:55,591
Um, you know, later we'll talk about Bitcoin and Nietzsche, which is something

235
00:12:55,591 --> 00:12:56,461
that I've started to write about.

236
00:12:56,931 --> 00:12:59,491
So there's like, there's, there's all sorts of stuff out there.

237
00:12:59,491 --> 00:13:05,062
And I think that's broad enough for you to be able to, um, fingers crossed, uh, build

238
00:13:05,112 --> 00:13:09,312
a Bitcoin language model, which is not something like, I want to be very clear.

239
00:13:09,322 --> 00:13:11,532
This is not something that knows anything.

240
00:13:11,972 --> 00:13:14,082
It's just something that reflects.

241
00:13:15,127 --> 00:13:20,337
Uh, what some, you know, you could guess like aggregate of what the Bitcoin

242
00:13:20,377 --> 00:13:25,417
paradigm thinks, like it could reflect, uh, elements of that and you can

243
00:13:25,417 --> 00:13:29,547
almost think of the reflection almost as a, like, it's not like a straight

244
00:13:29,557 --> 00:13:31,292
mirror, it's kind of like a Yeah.

245
00:13:31,942 --> 00:13:33,222
You know, like a cracked mirror.

246
00:13:33,292 --> 00:13:36,452
So depending on how you prompt it, it'll reflect a different element.

247
00:13:36,462 --> 00:13:39,252
You know, you could ask it, you know, tell me something more like Seyfriedine or

248
00:13:39,252 --> 00:13:43,172
more like Breedlove or Jeff Booth or Knut or whatever, like, you know, it adapts.

249
00:13:43,222 --> 00:13:47,862
So it's like a, it's like a simultaneously high fidelity,

250
00:13:47,862 --> 00:13:51,592
but multi faceted reflection.

251
00:13:51,762 --> 00:13:53,412
And that's, that's very interesting.

252
00:13:53,412 --> 00:13:56,488
Once again, like, I don't want to sound like I'm Completely bagging out AI.

253
00:13:56,488 --> 00:13:59,238
It's, it's obviously, you know, humans are really funny.

254
00:13:59,238 --> 00:14:02,466
Like, two years ago you would have said like, Oh, you can talk to computers.

255
00:14:02,466 --> 00:14:03,486
You'd be like, get the fuck out of here.

256
00:14:03,526 --> 00:14:04,976
And then all of a sudden you can talk to computers.

257
00:14:04,976 --> 00:14:06,526
Everyone's like, Oh my God, it's going to take over the world.

258
00:14:06,526 --> 00:14:08,016
And then a year later, everyone's like bored.

259
00:14:08,076 --> 00:14:10,016
And, you know, onto the next current thing.

260
00:14:10,016 --> 00:14:10,206
Right.

261
00:14:10,266 --> 00:14:12,206
So it's like, it is miraculous.

262
00:14:12,636 --> 00:14:14,945
It is very, very interesting.

263
00:14:15,125 --> 00:14:20,306
But, you know, the, the question for me becomes, okay, cool tool.

264
00:14:20,638 --> 00:14:21,228
What do we use it for?

265
00:14:21,863 --> 00:14:25,290
Do we use it to, like, basically entrain everybody on the

266
00:14:25,290 --> 00:14:27,004
planet to become, midwits?

267
00:14:27,744 --> 00:14:31,254
Uh, and make more and more people midwits, or should we attempt to

268
00:14:31,254 --> 00:14:34,754
like fork off and you know, build a version that, you know, represents

269
00:14:35,524 --> 00:14:37,549
a different concept of the world?

270
00:14:37,653 --> 00:14:40,313
the ubermensch, the remnant, the remnant.

271
00:14:40,943 --> 00:14:41,143
Yes.

272
00:14:42,753 --> 00:14:45,063
I mean, I wanted to call the business Remnant AI at one point.

273
00:14:45,605 --> 00:14:49,968
This is so interesting that you use the word mirrors, mirrors consciousness,

274
00:14:50,048 --> 00:14:54,108
because that's, that's one of the deeper points we got into with Jeff Booth

275
00:14:54,118 --> 00:14:58,103
the other day about, um, how reality.

276
00:14:58,413 --> 00:15:03,181
is a mirror of your consciousness, and we got into this, talk about, you know,

277
00:15:03,231 --> 00:15:07,681
the quantum mechanics and the double split experiment, and to which extent

278
00:15:08,181 --> 00:15:13,641
the mind creates reality, and the, the, the tweetable quote from the episode was

279
00:15:13,681 --> 00:15:18,351
that, uh, reality is a mirror of your consciousness, so we're, this is sort

280
00:15:18,351 --> 00:15:23,641
of a life imitating art, art imitating life type of deal that the AI is actually

281
00:15:24,401 --> 00:15:27,751
The more you train it, the more it becomes like a mirror of what we are.

282
00:15:28,501 --> 00:15:29,461
Uh, yeah.

283
00:15:30,041 --> 00:15:35,415
And also, yeah, I was very impressed by, by Spirit of Satoshi's, condensed

284
00:15:35,415 --> 00:15:40,540
version of the chapter from my book, like, and, uh, it, it came up with its

285
00:15:40,540 --> 00:15:43,790
own word, uh, quantum money, which sounds.

286
00:15:44,175 --> 00:15:50,575
Like a tabloid term, but, but it explained it very thoroughly and got

287
00:15:50,595 --> 00:15:52,655
the points and yeah, it was really cool.

288
00:15:52,910 --> 00:15:53,200
Yeah.

289
00:15:53,230 --> 00:15:55,990
I mean, mind you, that wasn't entirely the AI though.

290
00:15:55,990 --> 00:15:58,442
So that's like, we use the AI plus ourselves internally.

291
00:15:58,442 --> 00:16:02,030
So I just want everybody to know that full disclosure, you know, so when

292
00:16:02,030 --> 00:16:04,958
they start using, spirit stations, like, Oh, I didn't produce this.

293
00:16:04,998 --> 00:16:09,168
Well, no, like it's, it's still a work in progress, but yeah, there's,

294
00:16:09,238 --> 00:16:12,438
uh, there's some interesting insights and some nuggets that can pull.

295
00:16:12,438 --> 00:16:15,220
And this is once, once again, it's like human beings.

296
00:16:15,850 --> 00:16:20,034
Well, you know, where we innovate is when two or multiple ideas

297
00:16:20,084 --> 00:16:21,874
kind of like clash, right?

298
00:16:21,874 --> 00:16:25,124
And somewhere in that Venn diagram, we're able to extract something

299
00:16:25,124 --> 00:16:27,654
we're like, Oh, you know, is something fresh, something new.

300
00:16:27,654 --> 00:16:33,684
And, you know, to, to some degree, these models, uh, may offer up a way

301
00:16:33,754 --> 00:16:37,466
to do that sometimes, but I think it's almost like a lottery, right?

302
00:16:37,516 --> 00:16:40,246
So most of the times, like, you know, you'd be like, regenerate,

303
00:16:40,256 --> 00:16:42,686
regenerate, regenerate, it's not gonna produce anything useful.

304
00:16:42,686 --> 00:16:44,761
And then all of a sudden, like, it'll Plop one thing out, you'll

305
00:16:44,761 --> 00:16:47,191
be like, oh shit, that's actually kind of cool, quantum money.

306
00:16:47,293 --> 00:16:48,864
and you know, you, you roll with that.

307
00:16:49,064 --> 00:16:52,624
So, you know, once again, it just reinforces the fact that these

308
00:16:52,634 --> 00:16:56,964
things are tools and it's, it's up to humans to use the tool.

309
00:16:57,064 --> 00:17:01,374
Um, you know, it's not like, you know, I just, I'm sick and tired of people just

310
00:17:01,374 --> 00:17:04,614
running around being like, oh, you know, AI is going to take over everything.

311
00:17:04,614 --> 00:17:07,394
And it's like, like, it's no man, like.

312
00:17:08,124 --> 00:17:11,644
Just like computers automated a bunch of things, like, we don't sit there and

313
00:17:11,654 --> 00:17:15,984
draw spreadsheets on a piece of paper anymore, like, Excel does that, but you

314
00:17:15,984 --> 00:17:19,696
need to use Excel, you know, the same thing with these tools, like, you just

315
00:17:19,696 --> 00:17:24,016
need to act, you know, you need to use them intelligently, and the intelligence

316
00:17:24,016 --> 00:17:27,566
in using them comes in two ways, like, number one, finding things that you can

317
00:17:27,566 --> 00:17:33,856
do, that you can ideally, like, Automate, but also not automating to the degree that

318
00:17:33,856 --> 00:17:36,136
you become stupid and can't think anymore.

319
00:17:36,156 --> 00:17:40,176
Like I know people that sit there and they use it for all their ideation.

320
00:17:40,466 --> 00:17:43,026
Um, or, you know, they get it to write stuff for them.

321
00:17:43,076 --> 00:17:45,706
Like there was apparently some Bitcoin book that the dude wrote

322
00:17:45,736 --> 00:17:48,736
with, um, using chat GPT primarily.

323
00:17:50,277 --> 00:17:56,567
to me, that's, first, it's an abomination, but, um, second, like, I'll clarify,

324
00:17:56,567 --> 00:17:59,537
it's an abomination to get an AI to write your book and then say you wrote it.

325
00:17:59,737 --> 00:18:02,367
Like if, you know, maybe you write a book and just say that AI wrote it.

326
00:18:02,617 --> 00:18:03,017
That's kind of cool.

327
00:18:03,547 --> 00:18:07,707
But, um, you know, to, to do that, I think what it does is it actually weakens

328
00:18:07,707 --> 00:18:10,167
your own muscle of writing and thinking.

329
00:18:10,567 --> 00:18:14,358
And, I don't know, there's a couple of threads we can pull on there, but,

330
00:18:14,614 --> 00:18:14,814
Yeah.

331
00:18:15,684 --> 00:18:20,774
On that point, I, I just heard today about some court case where, where someone

332
00:18:20,774 --> 00:18:26,714
was sued for, for using text from chat GPT and trying to cop, uh, copyright it.

333
00:18:27,174 --> 00:18:29,754
So you can't really write a book and copyright it.

334
00:18:29,804 --> 00:18:33,074
I mean, I think copyright laws are bullshit anyway, but in the

335
00:18:33,074 --> 00:18:37,274
current legal system, you can't copy paste something from, from chat.

336
00:18:37,304 --> 00:18:43,944
tpt and, and release it under your name under, without, uh, being at least at

337
00:18:43,944 --> 00:18:47,074
risk of getting sued by, by someone.

338
00:18:47,654 --> 00:18:48,454
Who sued him in the end?

339
00:18:48,964 --> 00:18:49,904
That's, that's interesting.

340
00:18:49,949 --> 00:18:50,319
don't know.

341
00:18:50,319 --> 00:18:55,499
I, I mean, I, I, um, I just heard this story briefly from a couple of

342
00:18:55,499 --> 00:18:59,369
people I talked to today and I, I don't know the intricacies of it.

343
00:18:59,579 --> 00:19:04,316
So, uh, well, but it sounds like something interesting to look into, because like

344
00:19:04,636 --> 00:19:08,806
this is, this is one of the reasons why I don't like intellectual property laws.

345
00:19:08,806 --> 00:19:11,136
It's like, how can you copyright words?

346
00:19:11,426 --> 00:19:12,736
Like, how can you copyright?

347
00:19:13,276 --> 00:19:17,676
It's like Orange Pill App got sued by the company Orange, the mobile service

348
00:19:17,696 --> 00:19:22,936
provider Orange in, uh, uh, Europe, because the word orange is apparently

349
00:19:22,956 --> 00:19:27,766
patented, which immediately made me think, okay, who's got the word black, like,

350
00:19:29,027 --> 00:19:36,441
There was this artist who copyrighted or patented a formula for the

351
00:19:36,451 --> 00:19:37,721
deepest black you could make.

352
00:19:37,791 --> 00:19:39,751
I think it was called Vantablack or something like that.

353
00:19:40,231 --> 00:19:43,281
And it was that he was the only one who was allowed to

354
00:19:43,281 --> 00:19:45,101
use this color of black in art.

355
00:19:45,361 --> 00:19:51,391
anywhere just similar insanity and i think some people did some uh made uh like

356
00:19:51,391 --> 00:19:55,541
counterfeit versions of that or something and and and used it to to devalue

357
00:19:55,541 --> 00:19:57,091
it it was it was some fun stuff but

358
00:19:57,196 --> 00:19:58,156
it's so retarded.

359
00:19:58,186 --> 00:20:01,156
I mean, black is just the absence of light.

360
00:20:01,816 --> 00:20:02,526
That's what it is.

361
00:20:03,506 --> 00:20:05,156
But apparently it can be patented.

362
00:20:06,089 --> 00:20:07,459
so on to Nietzsche.

363
00:20:07,479 --> 00:20:08,539
This is very interesting.

364
00:20:08,539 --> 00:20:12,919
You, you, you just showed us an article here that you're working on for, or have

365
00:20:12,919 --> 00:20:18,484
written for, uh, for an upcoming issue of, uh, the Bitcoin Times, it's about

366
00:20:18,914 --> 00:20:24,094
Nietzsche and Bitcoin and this, this old, uh, you've dug up the old idea of

367
00:20:24,094 --> 00:20:31,160
the uber bench, which I find interesting and how The urge for power is not

368
00:20:31,160 --> 00:20:37,320
necessarily a bad thing, so, uh, and that power, this notion that power corrupts

369
00:20:38,660 --> 00:20:46,330
is off because it's so diluted by, I guess, this was my interpretation from

370
00:20:46,330 --> 00:20:50,350
just skimming through the article, but that I agreed with a lot of the points,

371
00:20:50,400 --> 00:20:56,475
like But, uh, money does not corrupt if the money is not corrupted itself.

372
00:20:56,615 --> 00:21:00,335
Like you need corrupt money in order for, for money to corrupt us all.

373
00:21:00,365 --> 00:21:04,425
So, so can you unpack the article a bit for us and tell us what it's about?

374
00:21:05,030 --> 00:21:10,380
I think, I think we are, um, we are drowning in a, in a world full

375
00:21:10,380 --> 00:21:17,079
of like, Marxist, leftist, French revolutionist, platitudes, like

376
00:21:17,099 --> 00:21:19,239
things like, oh, power is evil.

377
00:21:19,259 --> 00:21:22,199
And, you know, like, we are all in this together and, you know, the

378
00:21:22,249 --> 00:21:24,019
average man and all this sort of stuff.

379
00:21:24,019 --> 00:21:28,970
And I think what we've done is we've, Devolved society into this, um, praise

380
00:21:28,970 --> 00:21:32,750
of the peasants, you know, like, or the, the, the praise of like the

381
00:21:33,350 --> 00:21:38,580
average man, like we, we've, we've shunned, uh, excellence as an ideal.

382
00:21:38,590 --> 00:21:42,165
We've shunned, you know, greatness and like, we've, we've forgotten that

383
00:21:42,615 --> 00:21:48,280
there was fundamentally extraordinary, incredible men throughout history.

384
00:21:48,640 --> 00:21:50,430
We literally changed the course of.

385
00:21:51,670 --> 00:21:52,380
The course of everything.

386
00:21:52,540 --> 00:21:56,270
Um, and, you know, there was this, uh, recent, uh, article written

387
00:21:56,270 --> 00:21:58,960
about like, uh, Napoleon, right?

388
00:21:58,960 --> 00:22:00,200
Like the, the new movie.

389
00:22:00,300 --> 00:22:04,680
And I think something about the article in the headline was, um, no matter how

390
00:22:04,680 --> 00:22:09,970
much we progress as a society, we still can't get away from the stupid idea that,

391
00:22:10,109 --> 00:22:12,034
these great men who influenced the world.

392
00:22:12,524 --> 00:22:15,514
And like, you know, it was one of those classic New York times, Midway articles.

393
00:22:15,514 --> 00:22:15,764
Right.

394
00:22:16,614 --> 00:22:18,764
And, you know, there's like.

395
00:22:19,109 --> 00:22:23,508
There's like a, a deep level of like resentment, envy, in

396
00:22:23,718 --> 00:22:24,898
that kind of thing, right?

397
00:22:24,928 --> 00:22:28,607
It's like you see someone, who has fundamentally done more than you

398
00:22:28,657 --> 00:22:29,747
and is therefore better than you.

399
00:22:29,777 --> 00:22:34,677
Like, you, you immediately need to sit there from your shitty little

400
00:22:34,677 --> 00:22:36,277
computer and just like write out.

401
00:22:36,787 --> 00:22:42,957
Uh, something about how, uh, you know, Napoleon was short and fuck him and,

402
00:22:42,967 --> 00:22:45,527
you know, yeah, fuck every great person.

403
00:22:45,947 --> 00:22:49,607
Like, that's basically what their, um, what their stuff amounts to.

404
00:22:49,607 --> 00:22:53,655
And, honestly, like over the last couple of years, I've, I've started

405
00:22:53,695 --> 00:22:55,495
to really question this narrative.

406
00:22:55,515 --> 00:22:58,968
Like, you know, question the pleb narrative question, like The kind

407
00:22:58,968 --> 00:23:01,788
of, even like the word we are all Satoshi kind of pisses me off.

408
00:23:02,008 --> 00:23:03,718
We're not all fucking Satoshi.

409
00:23:03,719 --> 00:23:05,618
Satoshi did something greater than all of us did, so shut the

410
00:23:05,688 --> 00:23:06,948
fuck up, you're not Satoshi.

411
00:23:07,018 --> 00:23:10,638
Like, all of these things sort of like grind my gears the wrong way.

412
00:23:10,950 --> 00:23:16,960
and I think it's about time that we recognize that the biggest problem,

413
00:23:17,410 --> 00:23:23,140
I think even more, more great than the money being broken, is that

414
00:23:23,650 --> 00:23:27,340
people's relationship to life.

415
00:23:27,927 --> 00:23:32,287
the will of life to vitality to excellence, I think that's broken

416
00:23:32,417 --> 00:23:37,677
and I actually think that's what preceded bringing us to, the state

417
00:23:37,727 --> 00:23:41,294
where, we decided to debase the money.

418
00:23:41,454 --> 00:23:44,704
Um, so, so in fact, like I've come to this realization that it's, you know, the money

419
00:23:44,704 --> 00:23:46,594
is not the root cause of all the problems.

420
00:23:47,024 --> 00:23:51,874
There's something upstream, which leads us to the point where we are willing

421
00:23:51,894 --> 00:23:53,844
to debase the money as a civilization.

422
00:23:54,234 --> 00:23:54,824
And then.

423
00:23:54,894 --> 00:23:59,854
Things accelerate downwards, um, so like the decay sets in much earlier, and

424
00:23:59,854 --> 00:24:03,704
I think for our western modern world, that decay started with the French

425
00:24:03,704 --> 00:24:08,928
Revolution, not, uh, not in 1971, um, so it started, started behind that, but

426
00:24:09,461 --> 00:24:14,311
No, but the, the, the French revolution is, is, um, interesting here because

427
00:24:14,671 --> 00:24:19,051
they, they killed a lot of, uh, monarchs and Lords during that, right.

428
00:24:19,051 --> 00:24:22,011
And that's the, so, so I, I guess your point is that.

429
00:24:22,091 --> 00:24:25,071
The envy drove that revolution,

430
00:24:26,001 --> 00:24:26,991
100%, 100%.

431
00:24:27,031 --> 00:24:29,151
You look at what, you know, Rose Pierre, what was he?

432
00:24:29,151 --> 00:24:32,921
He was the, he was the genesis of communism.

433
00:24:33,521 --> 00:24:34,741
Like that's where it all started.

434
00:24:34,741 --> 00:24:41,061
Like Karl Marx emulated his thing on Rose Pierre and said, no, we

435
00:24:41,061 --> 00:24:41,811
need to do this a bit better.

436
00:24:42,251 --> 00:24:47,641
And he found, um, the, the, the right class and the right

437
00:24:47,651 --> 00:24:49,358
message, to really drive.

438
00:24:49,954 --> 00:24:54,899
leftism, liberalism, and all these sort of ideals, and since

439
00:24:54,959 --> 00:24:56,229
then the world's been suffering.

440
00:24:56,881 --> 00:25:00,651
but the revolution wouldn't, it doesn't, it didn't come out of nowhere.

441
00:25:00,651 --> 00:25:04,151
These people were pissed off because the people in power were

442
00:25:04,151 --> 00:25:06,031
abusing it to some extent, right?

443
00:25:07,186 --> 00:25:07,906
To some extent.

444
00:25:07,946 --> 00:25:12,486
So there was, there was a bit of, um, there was a bit of bad luck and a bit

445
00:25:12,486 --> 00:25:16,190
of lack of strength from the monarchy and the leadership at the time.

446
00:25:16,330 --> 00:25:20,690
I believe it was Louis XIV that got guillotined or was it XVI?

447
00:25:20,720 --> 00:25:21,930
I always mix up the numbers.

448
00:25:22,110 --> 00:25:23,230
It was 16, right?

449
00:25:23,230 --> 00:25:23,570
Yeah, okay.

450
00:25:23,950 --> 00:25:25,900
So yeah, 14th was Louis the Great, right?

451
00:25:25,900 --> 00:25:28,435
Like the guy who, yeah, he was the based one.

452
00:25:28,435 --> 00:25:33,170
So like, if Louis the 14th was around, um, I don't think the French

453
00:25:33,170 --> 00:25:34,120
Revolution would have happened.

454
00:25:34,730 --> 00:25:36,030
16th was a bit of a pussy.

455
00:25:36,440 --> 00:25:39,210
Okay, so, so, okay, let's get the names right.

456
00:25:39,300 --> 00:25:40,590
Louis the based and Louis the debased.

457
00:25:41,595 --> 00:25:42,765
Yes, exactly.

458
00:25:42,825 --> 00:25:43,325
There we go.

459
00:25:43,565 --> 00:25:43,835
Done.

460
00:25:44,291 --> 00:25:47,101
so Louis the Debased was, uh, was a bit of a pussy.

461
00:25:47,111 --> 00:25:47,791
He, he...

462
00:25:48,311 --> 00:25:52,018
Basically preferred just, keeping as private as possible, like reading

463
00:25:52,018 --> 00:25:53,108
his books and all this sort of stuff.

464
00:25:53,108 --> 00:25:56,798
So he had a, he, he didn't have a, like what, you know, Nietzsche might've

465
00:25:56,798 --> 00:25:58,348
called like a vital soul, right?

466
00:25:58,378 --> 00:26:03,018
Or he, he wasn't a strong man, you know, in that cycle, strong men, uh, good

467
00:26:03,018 --> 00:26:05,098
times, good times, weak men, et cetera.

468
00:26:05,098 --> 00:26:05,298
Right.

469
00:26:05,298 --> 00:26:05,888
So.

470
00:26:06,457 --> 00:26:10,527
He had kind of inherited this, uh, this powerful, fundamentally,

471
00:26:10,527 --> 00:26:12,728
um, well formed, uh, society.

472
00:26:12,728 --> 00:26:17,068
And then there was a couple of players like your, um, your Benjamin Disraeli,

473
00:26:17,078 --> 00:26:22,898
your, um, your, like there was a couple of the aristocrats who started

474
00:26:23,808 --> 00:26:28,758
at some point promoting the idea that, uh, we need to give, uh, more

475
00:26:28,758 --> 00:26:31,418
rights to common people, et cetera.

476
00:26:32,066 --> 00:26:37,356
And there was a, there was a series of like, unfortunate events at the time.

477
00:26:37,356 --> 00:26:39,696
Now, like it's been a couple of years since I've really dug

478
00:26:39,696 --> 00:26:44,965
into the French revolution, but there was some losses out at sea.

479
00:26:45,233 --> 00:26:47,303
there was some bad luck, uh, with.

480
00:26:47,581 --> 00:26:49,401
the sugar imports and all that sort of stuff.

481
00:26:50,031 --> 00:26:52,531
There was some bad luck with famines.

482
00:26:52,821 --> 00:26:56,231
Like, uh, I think there was a drought or flooding or something like that,

483
00:26:56,241 --> 00:26:59,981
where there was, you know, back to back, I think a season or two

484
00:26:59,981 --> 00:27:01,741
of like lack of wheat and grain.

485
00:27:02,861 --> 00:27:07,361
And people started looking for someone or something to blame.

486
00:27:07,541 --> 00:27:11,801
And Louis the 16th, instead of solving the problem, basically

487
00:27:12,041 --> 00:27:13,721
abdicated his responsibility.

488
00:27:14,231 --> 00:27:17,077
And the, the interesting thing about the French Revolution is

489
00:27:17,077 --> 00:27:19,957
that there was no like call to kill the king in the beginning.

490
00:27:19,987 --> 00:27:22,327
That kind of got fermented over time.

491
00:27:22,477 --> 00:27:26,497
Like there was, you know, there French wanted

492
00:27:29,617 --> 00:27:30,397
betrayal.

493
00:27:31,289 --> 00:27:35,960
The new wealthy that had come into the aristocratic class that

494
00:27:35,960 --> 00:27:37,720
were more from a merchant class.

495
00:27:37,790 --> 00:27:39,290
They weren't from the old feudal class.

496
00:27:39,290 --> 00:27:42,450
They were more from, you know, they were, they'd kind of like made money as the

497
00:27:42,530 --> 00:27:43,910
traders, you know, the money changers.

498
00:27:45,440 --> 00:27:47,920
And they came in and they started, you know, fomenting this like,

499
00:27:48,090 --> 00:27:52,300
uh, idea of, Hey, you know, we need something new because it's.

500
00:27:52,665 --> 00:27:56,275
It's all the king's fault, it's all the monarchy's fault that, um, these famines

501
00:27:56,315 --> 00:27:57,295
are happening, et cetera, et cetera.

502
00:27:57,305 --> 00:28:01,205
And like, as, as we know, things don't happen overnight, right?

503
00:28:01,235 --> 00:28:04,385
Like the Nazis didn't start killing everyone overnight, like things

504
00:28:04,625 --> 00:28:06,765
happen step by step by step by step.

505
00:28:06,765 --> 00:28:10,945
And all of a sudden, you know, like, uh, inch by inch, a year later, you're

506
00:28:10,945 --> 00:28:11,965
in a completely different place.

507
00:28:11,965 --> 00:28:15,690
And, and that's kind of a similar thing that happened, uh, In the French

508
00:28:15,690 --> 00:28:20,030
Revolution, but from that, you had these characters stem like Roche

509
00:28:20,030 --> 00:28:23,970
Pierre, um, who was, you know, the, the big, uh, sort of, you know, the,

510
00:28:24,040 --> 00:28:28,220
the leader of the, the liberal, uh, the, the Jacobins basically at the

511
00:28:28,220 --> 00:28:30,150
time, was the leader of the Jacobins?

512
00:28:30,150 --> 00:28:30,540
I think so.

513
00:28:30,810 --> 00:28:34,140
Um, and the Jacobins were the original Marxists, the original

514
00:28:34,140 --> 00:28:36,730
communists, like they wanted to strip everything from the monarchs and

515
00:28:36,910 --> 00:28:38,960
give everything out to everybody.

516
00:28:39,420 --> 00:28:42,480
And I mean, you know, that ended in like the terror.

517
00:28:42,885 --> 00:28:46,255
Uh, you know, basically they started killing everybody and

518
00:28:46,265 --> 00:28:49,595
like surveillance, community surveillance, dobbing on your neighbors

519
00:28:49,605 --> 00:28:51,405
started in the French Revolution.

520
00:28:51,405 --> 00:28:53,675
It was the first time that kind of stuff was done.

521
00:28:53,805 --> 00:28:57,175
Like they went and they encouraged particularly, particularly,

522
00:28:57,175 --> 00:29:01,405
particularly, particularly the women to dob on, their husbands and to

523
00:29:01,405 --> 00:29:03,635
gossip and to spread that information.

524
00:29:03,635 --> 00:29:07,635
And I went and started like killing everybody who dissented, um, you

525
00:29:07,635 --> 00:29:08,825
know, for the good of the average man.

526
00:29:09,235 --> 00:29:13,895
And, um, and then the thing became so deranged that they all started

527
00:29:13,895 --> 00:29:18,095
like killing each other because, you know, it was just like, you

528
00:29:18,095 --> 00:29:19,275
know, classic communism, right?

529
00:29:19,525 --> 00:29:20,015
Inaction.

530
00:29:20,045 --> 00:29:22,745
And then in the end, uh, Rose Pierre got, uh, guillotined.

531
00:29:23,615 --> 00:29:28,450
So it was just this big fucking clusterfuck where, you know, There was

532
00:29:28,450 --> 00:29:34,310
more bloodshed, um, during that period of quote unquote, you know, revolution and

533
00:29:34,330 --> 00:29:39,790
liberating themselves from the oppressive patriarchy that they absolutely like

534
00:29:40,150 --> 00:29:45,030
France was the most powerful nation on the planet by orders of magnitude.

535
00:29:45,380 --> 00:29:49,430
And they basically decapitated themselves out of their own stupidity.

536
00:29:50,160 --> 00:29:52,820
And then that's when England, uh, took over, became

537
00:29:52,820 --> 00:29:53,850
dominant, et cetera, et cetera.

538
00:29:53,850 --> 00:29:57,620
And then like France has been downhill, uh, ever since.

539
00:29:58,252 --> 00:30:03,722
Yeah, it's quite something, like the, the, speaking of greatness and

540
00:30:04,392 --> 00:30:10,232
monarchies, my mind goes directly to Austria Hungary, that empire, which was

541
00:30:10,692 --> 00:30:16,192
made out of small cantons with lords and stuff, and small kings, and the

542
00:30:16,392 --> 00:30:21,282
brainpower that came out of that in the late 19th century, It's just staggering.

543
00:30:21,292 --> 00:30:25,382
Like all the big names in philosophy and music and you name it like this.

544
00:30:26,112 --> 00:30:29,522
Some, we're doing something wrong now that we can't produce

545
00:30:29,562 --> 00:30:31,722
that kind of, that kind of folk.

546
00:30:32,112 --> 00:30:37,371
A hundred percent because like what you get when you build a dynastic

547
00:30:37,371 --> 00:30:41,491
wealth, for example, and you, and you basically, and people don't like to talk

548
00:30:41,501 --> 00:30:46,161
about this, but like what the, what the aristocratic and aristocrat just means

549
00:30:46,791 --> 00:30:52,261
the best, like, you know, aristocratia is like, uh, the, uh, rule of the best.

550
00:30:52,311 --> 00:30:56,161
Uh, so it's made up of two words, uh, in, in Greek and.

551
00:30:56,510 --> 00:31:00,959
what it meant was, like, selectively choosing, you know, who you want it to

552
00:31:00,959 --> 00:31:06,545
breed with, you know, fundamentally and training your children, your offspring

553
00:31:06,665 --> 00:31:10,205
to be the best so that they could carry on the family's wealth and continue that.

554
00:31:10,705 --> 00:31:15,745
And what you got after generations of doing so is, yes, sometimes you got like,

555
00:31:16,260 --> 00:31:20,830
Pathetic, entitled little shits, um, but more often than not, you got the Wagners,

556
00:31:21,010 --> 00:31:27,030
you got the von Mises, like, you know, Ludwig von Mises was part of a, a, um, a

557
00:31:27,110 --> 00:31:29,810
cultured, like, count aristocratic class.

558
00:31:29,950 --> 00:31:34,380
Like, you get people who have the space to think.

559
00:31:34,890 --> 00:31:40,190
And to create and to produce stuff instead of being, you

560
00:31:40,190 --> 00:31:42,200
know, just like we are today.

561
00:31:42,200 --> 00:31:43,740
Like we don't know which way to turn.

562
00:31:43,740 --> 00:31:45,120
Inflation's fucking climbing.

563
00:31:45,120 --> 00:31:47,490
We can't, you know, feed our families.

564
00:31:47,500 --> 00:31:49,360
You know, the wife and the husband have to work.

565
00:31:49,360 --> 00:31:50,520
The kids are fucking neglected.

566
00:31:50,520 --> 00:31:51,710
Like it's a disaster.

567
00:31:51,710 --> 00:31:55,883
Whereas when you have the capacity to, to pass down wealth, you

568
00:31:55,883 --> 00:31:57,553
can actually build culture.

569
00:31:57,553 --> 00:32:01,019
And, and, if there's one thing missing, like really, really, really,

570
00:32:01,019 --> 00:32:04,439
really, really deeply missing from the modern world is like, It's culture.

571
00:32:04,989 --> 00:32:08,719
Like America was probably the last place where we got a dose of

572
00:32:08,719 --> 00:32:13,349
culture, you know, between like the sixties and the, and the nineties.

573
00:32:13,740 --> 00:32:16,720
and you know, that was like, like one last hurrah of like, you know,

574
00:32:16,730 --> 00:32:19,470
America did create its own, like, you know, there was Hollywood

575
00:32:19,470 --> 00:32:23,430
blockbusters, you know, there was like cool music or all that sort of shit.

576
00:32:23,450 --> 00:32:26,020
And now that's like dead, finished, gone.

577
00:32:26,120 --> 00:32:26,400
There's no

578
00:32:26,645 --> 00:32:32,245
Robocop was actually the peak of American culture, I

579
00:32:32,530 --> 00:32:36,300
Probably Robocop or, you know, one of those like around then.

580
00:32:36,490 --> 00:32:39,110
And, you know, We ain't got shit anymore.

581
00:32:39,394 --> 00:32:43,014
Alright, you might have noticed that we've recently partnered with AmberApp.

582
00:32:43,305 --> 00:32:47,635
After our episode with Izzy, their CEO, and our close friend, we knew we

583
00:32:47,635 --> 00:32:51,039
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584
00:32:51,039 --> 00:32:55,129
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585
00:32:55,379 --> 00:32:59,309
and honestly, they're following the orange glowing light like Izzy always

586
00:32:59,309 --> 00:33:03,399
says, and that's exactly what we try to do here at the Freedom Footprint Show.

587
00:33:03,724 --> 00:33:08,134
The big news about AmberApp is that on Jan 3, 2024, they're going

588
00:33:08,134 --> 00:33:10,134
to be launching their version 2.

589
00:33:10,350 --> 00:33:13,860
I've seen some of the screenshots and it looks fantastic.

590
00:33:14,155 --> 00:33:17,966
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591
00:33:17,986 --> 00:33:22,238
anonymous lightning wallet, a fiat wallet, And finally, it's going

592
00:33:22,238 --> 00:33:23,578
to be an exchange, of course.

593
00:33:23,818 --> 00:33:26,720
it's going to be just this super app,  They're also going

594
00:33:26,720 --> 00:33:28,070
to be launching globally.

595
00:33:28,090 --> 00:33:29,640
Everyone's going to be able to use it.

596
00:33:29,880 --> 00:33:31,610
we're really excited about all that.

597
00:33:31,740 --> 00:33:34,380
Stay tuned with us and you'll hear all about it.

598
00:33:34,580 --> 00:33:36,930
And for now, check out their website, amber.

599
00:33:37,180 --> 00:33:39,890
app and the episode with Izzy to find out more.

600
00:33:40,197 --> 00:33:41,736
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601
00:33:41,976 --> 00:33:45,426
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602
00:33:45,426 --> 00:33:47,136
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603
00:33:47,716 --> 00:33:51,706
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604
00:33:52,271 --> 00:33:55,281
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605
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606
00:33:58,651 --> 00:34:01,201
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607
00:34:01,721 --> 00:34:05,201
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608
00:34:05,201 --> 00:34:09,321
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609
00:34:09,861 --> 00:34:13,371
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610
00:34:13,521 --> 00:34:15,201
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611
00:34:16,081 --> 00:34:16,991
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612
00:34:16,991 --> 00:34:20,161
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613
00:34:20,546 --> 00:34:24,646
This ties in beautifully to your article because like, uh, I've, I've been

614
00:34:24,646 --> 00:34:29,556
thinking about this for years that, uh, Bitcoin actually, what generational

615
00:34:29,556 --> 00:34:35,556
wealth means is that we're all, uh, uh, potential feudal lords now because we

616
00:34:35,556 --> 00:34:38,386
can actually plan for generations ahead.

617
00:34:38,626 --> 00:34:43,956
And some people will, and those people's grandchildren will be in positions

618
00:34:43,966 --> 00:34:46,076
of more power when they grow up.

619
00:34:46,456 --> 00:34:50,056
So, so like, how does that tie into your article and what's

620
00:34:50,056 --> 00:34:50,846
your thoughts about that?

621
00:34:51,224 --> 00:34:52,576
Yeah,

622
00:34:52,581 --> 00:34:56,811
the biggest, like, uh, unpopular opinions in Bitcoin, right?

623
00:34:56,851 --> 00:35:02,221
Like Bitcoin, Bitcoin is generally like to talk about, you know, banking the

624
00:35:02,261 --> 00:35:03,641
unbanked and all this sort of stuff.

625
00:35:03,721 --> 00:35:06,701
You say the word feudalism and they have an allergic reaction.

626
00:35:06,701 --> 00:35:08,771
They're like, Oh my God, he's, you know, he's a fascist.

627
00:35:09,934 --> 00:35:12,194
and you know, they, they sort of run in the opposite direction.

628
00:35:12,264 --> 00:35:17,029
Uh, I actually think, as you just said, you just really hit the nail on the

629
00:35:17,039 --> 00:35:22,659
head, one of Bitcoin's most fundamental, benefits or the, you know, the fundamental

630
00:35:22,679 --> 00:35:28,099
impact that it's going to have on civilization is that it'll allow certain

631
00:35:28,099 --> 00:35:33,459
families, certain holders to preserve their wealth across time to such a degree

632
00:35:33,459 --> 00:35:37,966
that it becomes generational wealth and the generations that, That are most

633
00:35:38,206 --> 00:35:40,746
able to continue sustaining that wealth.

634
00:35:41,046 --> 00:35:43,366
So it's almost like a meritocratic feudalism, right?

635
00:35:43,366 --> 00:35:46,016
And this is what I think is like peak civilization, right?

636
00:35:46,266 --> 00:35:50,656
Is that you can have the wealth passed down to you and you can be

637
00:35:50,716 --> 00:35:52,466
a complete monkey and squander it.

638
00:35:53,088 --> 00:35:55,558
or you can actually build on that by.

639
00:35:56,418 --> 00:36:01,338
Breeding by building a family by training your kids, like all of that sort of stuff

640
00:36:01,338 --> 00:36:03,568
that the traditional aristocrats did.

641
00:36:03,678 --> 00:36:07,118
Like that's what the kings and queens and the aristocratic classes did.

642
00:36:07,118 --> 00:36:12,458
They put, they put a shitload of effort into thinking about who do I not only

643
00:36:12,458 --> 00:36:16,333
just strategically Mary with, but who is, you know, the right person, you know,

644
00:36:16,413 --> 00:36:20,333
that like, that is going to help me breed the best kids, et cetera, et cetera.

645
00:36:20,363 --> 00:36:23,543
Like all of that sort of stuff was the kind of thinking we had.

646
00:36:23,553 --> 00:36:26,043
We kind of lost all of that in the last few hundred years because

647
00:36:26,043 --> 00:36:27,143
now you can't say anything.

648
00:36:27,143 --> 00:36:28,343
Otherwise you're a fucking eugenicist.

649
00:36:29,686 --> 00:36:33,936
so what people need to get is that this does not automatically mean

650
00:36:33,936 --> 00:36:36,156
that we all become Tywin Lannister.

651
00:36:36,466 --> 00:36:42,596
It means that responsible people will be able to be feudal, because feudalism

652
00:36:42,606 --> 00:36:46,756
had a lot of problems, because you could acquire wealth by force way easier than

653
00:36:46,756 --> 00:36:48,416
you can on a Bitcoin standard, I guess.

654
00:36:48,912 --> 00:36:49,592
well, there's that.

655
00:36:49,592 --> 00:36:50,142
Yeah, there's that.

656
00:36:50,162 --> 00:36:53,782
And I think the, the piece about Bitcoin that, you know, is

657
00:36:53,882 --> 00:36:55,712
very, very special here is the.

658
00:36:56,057 --> 00:36:58,417
one, it's much harder to take it by force.

659
00:36:58,457 --> 00:37:00,837
So you need to be more intelligent about how you take it.

660
00:37:00,837 --> 00:37:04,857
But also number two is mistakes have a real cost.

661
00:37:05,217 --> 00:37:07,953
Um, so you can't print your way out of, losing your Bitcoin.

662
00:37:08,587 --> 00:37:10,877
and, and, and that's what that is.

663
00:37:11,047 --> 00:37:14,577
That's the hack that has happened in the modern world.

664
00:37:14,907 --> 00:37:19,157
Is that a small percentage of like.

665
00:37:19,212 --> 00:37:25,965
Absolutely ugly, disgusting, you know, vile people have figured out

666
00:37:27,075 --> 00:37:30,775
they can pay for every single one of their mistakes with somebody

667
00:37:30,775 --> 00:37:32,785
else's money, uh, by printing it.

668
00:37:33,275 --> 00:37:34,955
And therefore they are not the best.

669
00:37:35,805 --> 00:37:38,875
They are the worst of people because it's kind of like when

670
00:37:38,875 --> 00:37:40,225
you go watch a sport, right?

671
00:37:40,275 --> 00:37:44,765
And you, you know, someone cheats, nobody likes the fucking cheater.

672
00:37:45,085 --> 00:37:47,595
And, and, and that's the game sort of that we're playing at the moment

673
00:37:47,595 --> 00:37:51,085
is like the people winning are the people who, who are cheating.

674
00:37:51,135 --> 00:37:59,225
Like they have MBAs, they like have PhDs in how to cheat and avoid either

675
00:37:59,225 --> 00:38:03,565
getting busted or, you know, even if they do get busted, still make you feel bad

676
00:38:03,565 --> 00:38:04,835
about it or blame it on somebody else.

677
00:38:04,835 --> 00:38:07,315
It was like, it was him that did it, not me.

678
00:38:07,645 --> 00:38:11,500
So it's like, You know, the, the, the, the consequences associated to poor

679
00:38:11,760 --> 00:38:16,340
decision making and irresponsibility, uh, literally shared amongst everyone.

680
00:38:16,360 --> 00:38:20,600
And this goes all the way back to, once again, the French Revolution

681
00:38:20,600 --> 00:38:21,580
is the French Revolution.

682
00:38:21,830 --> 00:38:25,160
When you put the power in people's hands and allow everybody to vote,

683
00:38:25,430 --> 00:38:28,510
then everybody simultaneously becomes responsible for everything.

684
00:38:28,780 --> 00:38:31,290
Whereas when you had a feudal class, there was different

685
00:38:31,290 --> 00:38:32,870
responsibilities at different levels.

686
00:38:33,290 --> 00:38:37,193
Um, you know, the peasants were not responsible for protecting the territory.

687
00:38:37,293 --> 00:38:38,393
It was the knights.

688
00:38:39,163 --> 00:38:42,673
And when the Knights, like they're the ones who went and fought, right?

689
00:38:42,703 --> 00:38:46,563
So like everybody had a different, uh, responsibility and now everybody's

690
00:38:46,793 --> 00:38:48,233
responsibility is intermingled.

691
00:38:48,313 --> 00:38:51,813
Therefore, nobody's responsible for anything except the fact that

692
00:38:52,173 --> 00:38:53,483
you're responsible for being.

693
00:38:53,793 --> 00:38:57,313
Born a male, being white, and for the weather, right?

694
00:38:57,433 --> 00:38:58,843
They're the three things we're all responsible for.

695
00:38:59,198 --> 00:38:59,448
Yeah.

696
00:38:59,828 --> 00:39:04,148
And on that note, if, if it's true, like the, the things we taught, we've

697
00:39:04,158 --> 00:39:08,638
been talking about a lot, a lot lately, that the reality is a reflection of

698
00:39:08,638 --> 00:39:12,828
your actions and your consciousness and your conscious decisions to do

699
00:39:12,868 --> 00:39:18,705
this or that, the, uh, rise of, uh, the transsexual athletes winning

700
00:39:18,765 --> 00:39:21,355
women's sports is exactly that.

701
00:39:21,385 --> 00:39:25,985
It's a reflection of, uh, of this bullshit going on on top when

702
00:39:25,995 --> 00:39:27,855
cheaters can win the game of money.

703
00:39:28,196 --> 00:39:28,536
Exactly.

704
00:39:28,896 --> 00:39:33,876
That that's so, so we, we, we, uh, yeah, we're sort of, you know, we were way

705
00:39:33,876 --> 00:39:39,266
like manifesting all of the ugliness that is like inherent in our thoughts.

706
00:39:39,266 --> 00:39:42,776
We are, we are manifesting all the average, you know, we are manifesting

707
00:39:42,786 --> 00:39:49,663
like, like we're tearing down anything that Is reminding us of like the beauty

708
00:39:49,723 --> 00:39:55,043
that we're able to create because like inside we've become ugly, we've

709
00:39:55,043 --> 00:39:56,543
become envious, we've become resentful.

710
00:39:56,543 --> 00:40:00,243
And this was, this was Nietzsche's big sort of lesson out there for humanity.

711
00:40:00,253 --> 00:40:07,488
So like, if we orient ourselves around you know, resentment for greatness and

712
00:40:08,948 --> 00:40:11,328
praise of average and praise of equality.

713
00:40:11,673 --> 00:40:17,263
we are going to create a civilization that, uh, devolves into what

714
00:40:17,273 --> 00:40:18,913
he called the last man, right?

715
00:40:18,913 --> 00:40:22,533
And the last man, we today would call it the lemmings or the NPCs,

716
00:40:22,833 --> 00:40:26,893
um, or, you know, the peasants, whatever you want to call them.

717
00:40:26,893 --> 00:40:27,053
Right.

718
00:40:27,053 --> 00:40:27,183
But

719
00:40:27,397 --> 00:40:33,097
yeah, okay, uh, I had so many thoughts here, like, uh, one of my favorite

720
00:40:33,097 --> 00:40:37,137
sentences from one of my own books is a sentence I stole directly from Daniel

721
00:40:37,167 --> 00:40:39,417
Prince, and it's about schooling.

722
00:40:39,697 --> 00:40:42,951
Uh, you know, he's talking about homeschooling all the time, and it's

723
00:40:42,951 --> 00:40:47,982
this, if you're a straight A student, you excel, uh, at being average.

724
00:40:48,511 --> 00:40:49,031
Interesting.

725
00:40:49,931 --> 00:40:50,710
And it's so true.

726
00:40:52,371 --> 00:40:57,641
So I was helping my son with his maths homework today and yesterday

727
00:40:57,641 --> 00:41:01,231
and the day before that, because he has homework every day, which

728
00:41:01,291 --> 00:41:04,241
totally takes the fun out of learning.

729
00:41:04,771 --> 00:41:05,221
Yeah.

730
00:41:05,751 --> 00:41:11,636
And the way maths is still taught in schools, uh, is You get these

731
00:41:12,051 --> 00:41:18,011
problems that you need to solve and the teacher looks at how you solve

732
00:41:18,011 --> 00:41:20,251
them and not the result you get.

733
00:41:20,341 --> 00:41:25,731
So to me, math is all about understanding the world and getting the correct

734
00:41:25,731 --> 00:41:27,781
result in the end and how you get there.

735
00:41:28,211 --> 00:41:30,191
is none of the teacher's fucking business.

736
00:41:30,211 --> 00:41:34,701
You should just get the fucking best, you should, can I solve the problem or not?

737
00:41:34,761 --> 00:41:39,171
And if, if a, a type of solution is suitable for my brain, then

738
00:41:39,171 --> 00:41:43,621
I should use that solution and not some forced fucking bullshit.

739
00:41:44,071 --> 00:41:45,141
Formula, right?

740
00:41:45,141 --> 00:41:45,401
Yeah.

741
00:41:45,801 --> 00:41:49,081
yeah, so it's all, that is calculation.

742
00:41:49,091 --> 00:41:51,061
It's not mathematics, it's calculation.

743
00:41:51,071 --> 00:41:53,351
Mathematics is about understanding this shit.

744
00:41:53,701 --> 00:41:58,931
So, and so even from this, Uh, from this early age, like he's 12 now.

745
00:41:58,951 --> 00:42:03,644
So, but, uh, it's still baffles me that this is the way we, public

746
00:42:03,644 --> 00:42:06,134
schools teach children how to do stuff.

747
00:42:06,134 --> 00:42:09,994
And of course it makes sense when you see that they don't want obedient,

748
00:42:10,744 --> 00:42:15,244
obedient slaves and not thinking people on the other side, it rewards

749
00:42:15,264 --> 00:42:17,344
obedience more than anything else.

750
00:42:17,622 --> 00:42:21,242
Yeah, I mean, this is the plague of the last man, man, you just flashed me back

751
00:42:21,262 --> 00:42:25,042
to, um, to my high school years, because that was one of the things like, and

752
00:42:25,112 --> 00:42:28,592
this, you know, I was a kid, this was long before I read Nietzsche or understood

753
00:42:28,682 --> 00:42:31,862
Bitcoin or Agnostic or anything like that, but I used to argue with teachers all the

754
00:42:31,862 --> 00:42:35,012
time, they'd make us memorize formulas.

755
00:42:35,112 --> 00:42:37,432
And I was like, I don't give a fuck.

756
00:42:37,632 --> 00:42:39,152
Like, I'm going to work it out myself.

757
00:42:39,542 --> 00:42:44,292
And, you know, I'd, I'd always have brawls and dude, I was the best mathematician

758
00:42:44,312 --> 00:42:49,682
in our class, um, by far, I, I went to the, to the exams without a calculator

759
00:42:49,872 --> 00:42:54,492
and I whooped everyone's ass, um, because I just had a way of like working out the

760
00:42:54,542 --> 00:42:56,582
problems and that's exactly what I did.

761
00:42:56,697 --> 00:42:59,777
And that's how I got through high school, that's how I got scholarships

762
00:42:59,777 --> 00:43:00,587
and all this sort of stuff.

763
00:43:00,927 --> 00:43:03,717
Um, and it was all because I went and solved problems and I didn't,

764
00:43:03,747 --> 00:43:05,087
I didn't have this language for it.

765
00:43:05,117 --> 00:43:06,107
I didn't know what I was doing.

766
00:43:06,117 --> 00:43:08,057
Like, I didn't know that I was doing something different

767
00:43:08,057 --> 00:43:09,077
to calculational formulas.

768
00:43:09,077 --> 00:43:12,027
I just like hated this idea that everyone in the class was just

769
00:43:12,067 --> 00:43:15,097
like following a formula and just like, yeah, here's my formula.

770
00:43:15,837 --> 00:43:16,527
Copy across.

771
00:43:16,587 --> 00:43:16,827
Okay.

772
00:43:16,847 --> 00:43:19,357
Now I just like put this into a calculator and I get the answer.

773
00:43:19,357 --> 00:43:21,507
I was like, you didn't fucking learn anything.

774
00:43:22,167 --> 00:43:23,587
You literally didn't learn anything.

775
00:43:23,737 --> 00:43:24,627
You fucking moron.

776
00:43:24,637 --> 00:43:26,557
You just like typed in some buttons on a calculator.

777
00:43:26,597 --> 00:43:27,267
What the fuck?

778
00:43:28,237 --> 00:43:33,817
And this week of helping him with his homework, it's been taking me back to my

779
00:43:33,817 --> 00:43:35,887
school years and how much I hated them.

780
00:43:36,907 --> 00:43:43,697
I remember in, yeah, I was around 14, 15 maybe, and my English teacher

781
00:43:43,912 --> 00:43:47,762
Downgraded me when I thought I had, uh, performed well and that

782
00:43:47,762 --> 00:43:49,112
I would get the highest grade.

783
00:43:49,122 --> 00:43:53,912
Instead, I got an even lower grade than I got because, uh, and I came to her with

784
00:43:53,922 --> 00:44:00,072
like the, oh, I, I, uh, I, I scored top points on this national test or whatever.

785
00:44:00,282 --> 00:44:01,712
So why are you downgrading me?

786
00:44:01,982 --> 00:44:05,782
It's because you can tell by the way you do your homework that you,

787
00:44:05,852 --> 00:44:09,352
uh, you write synonyms instead of the words I want you to write.

788
00:44:10,082 --> 00:44:16,392
Yeah, but that means I know more English like, uh, so, but, but this

789
00:44:16,392 --> 00:44:22,322
is, these are just two examples of, or three of how, uh, how fuck that is.

790
00:44:23,052 --> 00:44:23,522
So okay.

791
00:44:23,532 --> 00:44:24,952
Back, back to, okay.

792
00:44:25,042 --> 00:44:25,702
Back to Nietzsche.

793
00:44:25,996 --> 00:44:26,526
Back to nature.

794
00:44:26,536 --> 00:44:30,106
Uh, I mean, I, I just pulled up the article cause I wanted to like

795
00:44:30,126 --> 00:44:31,196
pull on a couple threads here.

796
00:44:31,266 --> 00:44:37,791
So like One of the, uh, I guess sections in the essays, uh, quality over quantity.

797
00:44:37,841 --> 00:44:41,641
And I think this is like one of the big misconceptions,

798
00:44:42,453 --> 00:44:43,433
in the modern world as well.

799
00:44:43,433 --> 00:44:47,273
Like there's a, like, it's funny, man, etymology is such an

800
00:44:47,283 --> 00:44:50,093
interesting, you know, etymology and philology and just like playing

801
00:44:50,093 --> 00:44:51,613
around with words is so interesting.

802
00:44:51,713 --> 00:44:53,233
Um, like you look at.

803
00:44:54,149 --> 00:44:57,879
equality and equality, like, are almost, like, diametrically opposed.

804
00:44:57,929 --> 00:45:00,839
When you get equality, you get the opposite of quality.

805
00:45:00,839 --> 00:45:05,059
You get mass, you get quantity, you get numbers, um, you know, you get, ooh.

806
00:45:05,518 --> 00:45:11,478
So should we use the, uh, term A quality instead or instead of E quality?

807
00:45:11,854 --> 00:45:15,184
Uh, no, we should just, this, we should get rid of equality and

808
00:45:15,184 --> 00:45:16,354
just like stick with quality.

809
00:45:16,544 --> 00:45:16,834
That's it.

810
00:45:16,854 --> 00:45:18,184
That should be the focus.

811
00:45:18,654 --> 00:45:23,024
Because like, you know, I explored this in the essay and like, I've

812
00:45:23,024 --> 00:45:26,634
actually got a dedicated article about quality versus equality for

813
00:45:26,644 --> 00:45:29,474
Bitcoin Magazine that'll get published in their last edition of the year.

814
00:45:29,474 --> 00:45:33,574
But for this, I touch on it in here and I kind of, let me, let me

815
00:45:33,574 --> 00:45:35,924
pull that next excerpt from here.

816
00:45:36,324 --> 00:45:40,534
So I say, you know, second, Bitcoin is money with a high degree of quality.

817
00:45:40,984 --> 00:45:44,954
The quantitative element is fixed and predetermined, making it

818
00:45:45,054 --> 00:45:48,644
something with an increase in quality and therefore value over time.

819
00:45:49,324 --> 00:45:51,864
That which has quality has weight and energy.

820
00:45:52,294 --> 00:45:56,434
Bitcoin, like gold, like has gravitas, like it's got some sort of substance.

821
00:45:56,484 --> 00:45:58,184
It means something because it is scarce.

822
00:45:58,634 --> 00:45:59,604
The quantity...

823
00:46:00,004 --> 00:46:00,734
is finite.

824
00:46:01,074 --> 00:46:03,104
When you hand someone a gold coin, you can feel it.

825
00:46:03,124 --> 00:46:04,524
There's something visceral about it.

826
00:46:04,854 --> 00:46:07,544
You know, and Bitcoin carries a similar charge, despite only

827
00:46:07,554 --> 00:46:09,074
having existed for 14 years.

828
00:46:09,424 --> 00:46:11,554
Um, and then I also like imagine the charge that it will carry

829
00:46:11,554 --> 00:46:12,774
after another half century.

830
00:46:13,114 --> 00:46:17,329
It's the same reason a mountain Uh, has presence, you know, something that has

831
00:46:17,519 --> 00:46:21,597
been there for a long time, something that has presence, has gravitas, has weight

832
00:46:21,957 --> 00:46:25,907
and, you know, the next paragraph I want to read this is contrast that with fiat

833
00:46:25,907 --> 00:46:30,887
money, the abstract, flimsy, promissory note that can be created out of thin air.

834
00:46:30,992 --> 00:46:32,002
And change it on a whim.

835
00:46:32,312 --> 00:46:34,522
It lacks both weight and substance.

836
00:46:35,032 --> 00:46:37,462
It is conceptual and theatrical in nature.

837
00:46:37,892 --> 00:46:40,962
Even think about the term quantitative easing.

838
00:46:41,544 --> 00:46:43,214
You know, what does this process mean?

839
00:46:43,314 --> 00:46:47,774
Like quantitative easing is the process of increasing the quantity of the

840
00:46:47,774 --> 00:46:50,254
money by making it easier to produce.

841
00:46:51,044 --> 00:46:55,024
This of course occurs at the expense of its promise and the quality.

842
00:46:55,704 --> 00:46:59,964
And makes money easy or soft, so therefore people rightly do not trust

843
00:46:59,964 --> 00:47:03,254
it like they do a medal, and even less so when it's digits on a screen.

844
00:47:03,834 --> 00:47:05,944
Uh, this is why fiat money is in the death spiral.

845
00:47:06,144 --> 00:47:07,924
It is hollow and devoid of life force.

846
00:47:07,924 --> 00:47:10,534
It carries nothing but the empty promise of a group of bureaucrats.

847
00:47:10,864 --> 00:47:15,314
So like, I think there's, you know, this, this quantity or quality, uh,

848
00:47:15,484 --> 00:47:16,854
discussion is really, really important.

849
00:47:16,854 --> 00:47:19,714
And, I mean, it perfectly ties into Nietzsche because Nietzsche's whole

850
00:47:19,714 --> 00:47:22,374
philosophy revolves around quality.

851
00:47:22,574 --> 00:47:28,789
Vitality, energy, power, as opposed to the quantity oriented philosophy

852
00:47:28,789 --> 00:47:33,849
of equality, democracy, the masses, the vote, and all this sort of crap.

853
00:47:34,795 --> 00:47:35,065
Yeah.

854
00:47:35,065 --> 00:47:40,955
Quantitative easing is qualitative difficulting or decreasing.

855
00:47:40,955 --> 00:47:41,505
Yeah.

856
00:47:41,505 --> 00:47:41,955
Yeah.

857
00:47:42,145 --> 00:47:42,595
exactly.

858
00:47:42,595 --> 00:47:44,715
So it's qualitative destruction, basically.

859
00:47:44,755 --> 00:47:46,625
Quantitative easing is qualitative destruction.

860
00:47:46,645 --> 00:47:46,905
Yeah.

861
00:47:47,794 --> 00:47:48,614
so interesting.

862
00:47:50,454 --> 00:47:50,664
Yeah.

863
00:47:50,664 --> 00:47:50,884
Yeah.

864
00:47:50,884 --> 00:47:54,054
That, that dichotomy is everywhere in Bitcoin, like

865
00:47:54,748 --> 00:47:55,708
Yeah, it really is.

866
00:47:55,738 --> 00:48:00,336
So, and, and the, um, I mean, you, you, you see the opposite, like, this is one

867
00:48:00,336 --> 00:48:01,586
of the things that I love about Bitcoin.

868
00:48:01,586 --> 00:48:05,916
And I've said this on a couple of different spaces before is we live in a,

869
00:48:06,316 --> 00:48:11,006
you know, in a world of like mass media, mass plastics, mass fucking, you know,

870
00:48:11,901 --> 00:48:17,821
The, we now have 5, 000 friends on, you know, on Facebook instead of like, we

871
00:48:17,821 --> 00:48:21,451
used to have, you know, 50 friends in the community, like everything is mass

872
00:48:21,451 --> 00:48:27,061
oriented, like mass food, mass seed oils, mass fucking production, mass

873
00:48:27,151 --> 00:48:31,721
GMO, like all of this stuff we have, like everything is becoming inflated.

874
00:48:31,871 --> 00:48:37,141
Like even chat GPT and AI is like, now we're going to have more blogs and more

875
00:48:37,141 --> 00:48:40,201
words and more content and more data.

876
00:48:40,481 --> 00:48:44,301
And more websites and more tools and more fucking everything.

877
00:48:44,631 --> 00:48:49,121
And like the, the entire focus of the world at the moment is

878
00:48:49,321 --> 00:48:52,651
on quantity, not on quality.

879
00:48:52,811 --> 00:48:54,151
And that's why nothing works anymore.

880
00:48:54,161 --> 00:48:56,951
It's like, you know, you, you, you buy something, it breaks and

881
00:48:56,951 --> 00:48:59,441
you just buy the same plastic shit again and you just keep buying shit

882
00:48:59,821 --> 00:49:02,121
versus having a focus on quality.

883
00:49:02,141 --> 00:49:05,881
And I think this is, um, I don't know, it's, for me, it's a big

884
00:49:05,931 --> 00:49:10,193
takeaway for people to, you know, stop and think like, we need.

885
00:49:10,513 --> 00:49:17,893
Like, if you make the North Star of your civilization quantity or

886
00:49:17,893 --> 00:49:21,233
equality, for example, they sort of sit in the same bucket, you'll

887
00:49:21,463 --> 00:49:23,593
absolutely eradicate quality.

888
00:49:23,973 --> 00:49:28,253
And then the joke's on you because you'll eradicate the quantity as well,

889
00:49:28,273 --> 00:49:30,863
because everyone will start dying off from starvation and irrelevance.

890
00:49:31,598 --> 00:49:32,818
but if you make.

891
00:49:33,203 --> 00:49:39,503
The, the focus quality, you'll push the bounds, you know, you'll

892
00:49:39,503 --> 00:49:43,543
raise all other boats and you'll actually make room for quantity,

893
00:49:44,198 --> 00:49:45,888
and life can continue to prosper.

894
00:49:46,501 --> 00:49:50,721
and it's just, it's just so interesting to me that, you know, we have made quantity

895
00:49:50,721 --> 00:49:54,211
the focus or equality the focus, and in the process we're destroying, like.

896
00:49:54,881 --> 00:49:57,961
We're destroying both the quantum side of things and the, uh, and

897
00:49:57,971 --> 00:49:59,061
the qualitative side of things.

898
00:49:59,526 --> 00:50:02,036
and it's just so, I don't know, it just becomes so evident after a while.

899
00:50:02,036 --> 00:50:02,986
You're like, man, what are we doing?

900
00:50:03,316 --> 00:50:03,976
What are we doing?

901
00:50:05,052 --> 00:50:10,782
Uh, it's like . The, uh, the only way to reach equality in a society is through

902
00:50:10,782 --> 00:50:16,362
natural disasters such as, you know, a volcano or, or, uh, a flooding or,

903
00:50:16,362 --> 00:50:21,392
uh, a tsunami or, uh, an earthquake or communism or socialism, like.

904
00:50:22,447 --> 00:50:29,077
Because they're all natural disasters, uh, some of them designed to, to, to, to

905
00:50:29,667 --> 00:50:32,197
deliberately trying to make people equal.

906
00:50:32,267 --> 00:50:35,737
That's extremely evil at its core.

907
00:50:35,997 --> 00:50:40,352
The only way to do that is, you can't make a person better.

908
00:50:40,802 --> 00:50:44,302
From a position of power, you can make them worse, you can give them

909
00:50:44,302 --> 00:50:46,082
the tools to make themselves better.

910
00:50:46,502 --> 00:50:50,632
But you know, it's like, teach, give a man a fire and warm him for

911
00:50:50,632 --> 00:50:53,702
a day, and set the man on fire and warm him for the rest of your life.

912
00:50:53,712 --> 00:50:57,142
Like, that's, uh, uh, maybe I got that wrong.

913
00:50:57,687 --> 00:50:58,327
That one's great.

914
00:51:01,607 --> 00:51:02,287
I'm going to use that one.

915
00:51:02,287 --> 00:51:03,397
That one's fantastic.

916
00:51:03,777 --> 00:51:04,997
Um, well, let, let me.

917
00:51:04,997 --> 00:51:05,172
Thank you.

918
00:51:05,272 --> 00:51:06,052
quote, yeah.

919
00:51:06,652 --> 00:51:07,132
I love it.

920
00:51:07,182 --> 00:51:09,992
Um, man, I've still, I've still got to start listening to his book.

921
00:51:09,992 --> 00:51:12,672
I actually, I downloaded the other one, God's Guards, that you mentioned.

922
00:51:12,692 --> 00:51:13,782
So it's sitting there.

923
00:51:13,922 --> 00:51:15,102
Um, I've got to get to it.

924
00:51:15,172 --> 00:51:17,092
I was just finishing up another Wilbur Smith book.

925
00:51:17,142 --> 00:51:17,772
Eight books in.

926
00:51:18,422 --> 00:51:20,282
Yeah, I started one, uh,

927
00:51:20,422 --> 00:51:21,332
you start the Lion Feats?

928
00:51:21,652 --> 00:51:22,402
yeah, I did.

929
00:51:22,502 --> 00:51:24,332
And I really like the language.

930
00:51:24,332 --> 00:51:27,952
I really like the words, but I don't really like fiction.

931
00:51:28,262 --> 00:51:30,762
Like, I just realized I can't read fiction.

932
00:51:31,032 --> 00:51:36,072
Like, I don't have the time or, like, I would need to, to,

933
00:51:36,142 --> 00:51:38,042
to, to read that all in one go.

934
00:51:38,362 --> 00:51:40,432
Like, I, because I can't focus.

935
00:51:41,092 --> 00:51:45,955
Chuck it on two times speed and just like chill out, relax when you're traveling or

936
00:51:45,955 --> 00:51:48,062
whatever, and just like follow the story.

937
00:51:48,092 --> 00:51:48,492
Trust me.

938
00:51:49,102 --> 00:51:50,012
I mean, it's a muscle.

939
00:51:50,337 --> 00:51:50,927
It's a muscle.

940
00:51:50,927 --> 00:51:52,967
You got to like, you got to build it.

941
00:51:53,397 --> 00:51:54,927
flight to Australia or something.

942
00:51:55,227 --> 00:51:55,597
Okay.

943
00:51:55,597 --> 00:51:55,757
Yeah.

944
00:51:55,757 --> 00:51:56,067
Deal.

945
00:51:56,157 --> 00:51:56,887
Or come to Brazil.

946
00:51:57,388 --> 00:51:59,588
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986
00:53:49,314 --> 00:53:52,054
there was something I wanted to say about what we were just talking about before.

987
00:53:52,159 --> 00:53:57,494
, oh yeah, actually that, uh, equality, equality of, um, so, people go on

988
00:53:57,494 --> 00:54:02,274
about like, oh, you know, equality of outcome is obviously evil, what we

989
00:54:02,274 --> 00:54:06,424
should be focusing on is equality of opportunity, and, you know, I, When you

990
00:54:06,534 --> 00:54:09,914
actually think about what that means is equality of opportunity, like equality

991
00:54:09,914 --> 00:54:12,794
of outcome is fundamentally evil because it's just like, it's, it's about as

992
00:54:13,254 --> 00:54:15,434
fucking dumb as you could possibly get.

993
00:54:15,454 --> 00:54:20,756
You have to be either, yeah, you, you have to be born with your brain in

994
00:54:20,756 --> 00:54:23,496
your asshole or something like that to actually think that that's a good idea.

995
00:54:23,966 --> 00:54:27,916
Um, but equality of opportunity is just the stupidity.

996
00:54:28,266 --> 00:54:31,136
Or a fantasy, because like, people throw it around like, oh yeah, we need

997
00:54:31,136 --> 00:54:34,926
to give everybody the same opportunity, but that is fundamentally impossible,

998
00:54:35,146 --> 00:54:40,416
because as you said, unless you, like, you set every volcano off in

999
00:54:40,416 --> 00:54:44,421
the world at once, and like, melt everything, and just like, Start the

1000
00:54:44,421 --> 00:54:49,995
world from scratch, basically confiscate everyone's parents, um, like wealth.

1001
00:54:50,225 --> 00:54:55,145
So that way everyone starts from scratch and you then also give everybody the

1002
00:54:55,155 --> 00:54:59,365
same genetics and same brain and same predispositions and same everything.

1003
00:54:59,570 --> 00:55:01,390
You're just not going to have the quality opportunity.

1004
00:55:01,800 --> 00:55:03,200
Like it's, it's a scam.

1005
00:55:03,579 --> 00:55:08,679
It's as evil as equality of outcome, because what it does, it removes

1006
00:55:08,719 --> 00:55:12,709
parenting from the equation completely, because the only way to do it is by

1007
00:55:12,709 --> 00:55:16,529
grave robber tax, like inheritance tax.

1008
00:55:17,279 --> 00:55:21,429
That's the only way to get anywhere near equality of opportunity.

1009
00:55:21,439 --> 00:55:22,599
Fortunately, it doesn't work with Bitcoin.

1010
00:55:23,859 --> 00:55:24,159
Yeah.

1011
00:55:24,159 --> 00:55:26,309
I mean, Grave Robber's text and like.

1012
00:55:26,889 --> 00:55:31,019
Some sort of territorial homogenization and like, it's, it's all these things.

1013
00:55:31,019 --> 00:55:31,069
It's

1014
00:55:31,584 --> 00:55:35,894
But there's a thing that it's, it's, uh, if you believe that, then, then

1015
00:55:36,754 --> 00:55:40,854
what that implies is the outsourcing of responsibility for the next

1016
00:55:40,854 --> 00:55:43,464
generation from the family to the state.

1017
00:55:44,064 --> 00:55:44,784
That's what it does.

1018
00:55:44,984 --> 00:55:46,374
That's what it effectively means.

1019
00:55:47,334 --> 00:55:51,594
So you put everyone in the same indoctrination camp and you

1020
00:55:51,604 --> 00:55:52,904
steal all the parents money.

1021
00:55:53,474 --> 00:55:56,124
Except for the lunchbox or something.

1022
00:55:56,484 --> 00:56:00,864
And, uh, and then you, uh, and then you mold everyone into the same fucking,

1023
00:56:01,514 --> 00:56:06,894
I mean, I, I hate, I hate the term because it gets thrown around all the

1024
00:56:07,129 --> 00:56:09,079
as if it's some sort of virtuous pursuit.

1025
00:56:09,079 --> 00:56:09,359
Right.

1026
00:56:09,359 --> 00:56:09,759
Yeah.

1027
00:56:09,844 --> 00:56:10,444
yeah, yeah, yeah.

1028
00:56:10,444 --> 00:56:14,024
We should strive for equality of, uh, opportunity instead.

1029
00:56:14,084 --> 00:56:14,924
No, heck not.

1030
00:56:14,994 --> 00:56:20,604
We shouldn't, we should, we should strive for, uh, for whatever the fuck we want.

1031
00:56:20,844 --> 00:56:24,144
And I should strive for what I want and you should strive for what you want.

1032
00:56:24,799 --> 00:56:25,759
Uh, what you want.

1033
00:56:25,879 --> 00:56:27,289
Like, that's it.

1034
00:56:28,139 --> 00:56:31,346
Equality of, uh, yeah, I don't know.

1035
00:56:31,376 --> 00:56:33,996
Equality of non interference.

1036
00:56:34,086 --> 00:56:35,736
That's, that's what to strive for.

1037
00:56:36,344 --> 00:56:40,174
this is where it's like, you know, I just think we just burn the word

1038
00:56:40,174 --> 00:56:43,598
equality altogether and just like focus on, fairness and excellence.

1039
00:56:43,758 --> 00:56:47,098
Like they're the two things, because like, you know, at the end of the day,

1040
00:56:47,304 --> 00:56:52,438
If I want to be, excellent and you want to be average, like I'm going

1041
00:56:52,438 --> 00:56:56,438
to pay the price for being excellent, which is I'm going to work my ass off.

1042
00:56:56,848 --> 00:57:01,248
I'm going to sacrifice time, energy, you know, effort, money, whatever

1043
00:57:01,248 --> 00:57:04,368
I'm going to do to be that, but then I'm going to reap the rewards for it.

1044
00:57:04,728 --> 00:57:07,788
You know, if you want to pay the price for being average, it's a very low

1045
00:57:07,788 --> 00:57:09,478
price, you know, because average is.

1046
00:57:09,888 --> 00:57:11,694
You know, cheap, don't do anything.

1047
00:57:11,694 --> 00:57:14,934
You'll be pretty average, uh, but you'll also reap those rewards.

1048
00:57:14,984 --> 00:57:19,921
And, and this is, I mean, this has, and always will be the rule of life and the,

1049
00:57:19,931 --> 00:57:25,311
the bunch of bumbling average fools, um, or, or, you know, maybe Mostly like

1050
00:57:25,311 --> 00:57:30,321
the parasites who saw an opportunity to lie to the average peasant, the

1051
00:57:30,321 --> 00:57:35,321
average monkey, and teach him to like, feel like he's entitled to something

1052
00:57:35,321 --> 00:57:39,501
that the excellent person produces has created a world in which like,

1053
00:57:40,211 --> 00:57:46,421
you know, the, the, the lemmings are weaponized against those who are truly.

1054
00:57:47,321 --> 00:57:50,401
Fundamentally great or excellent or productive or anything like that.

1055
00:57:50,401 --> 00:57:54,281
I mean, this is the Ayn Randian, uh, reality when she, she described it.

1056
00:57:54,281 --> 00:57:58,771
And like long before she did, like Nietzsche just basically warned

1057
00:57:58,771 --> 00:58:01,961
about this, um, and said that this is exactly where the world's going,

1058
00:58:02,031 --> 00:58:06,071
uh, at a time when nobody would have thought that, like it was, you know,

1059
00:58:06,461 --> 00:58:09,711
Pre 1900s, you know, Europe was at its peak, all that sort of stuff.

1060
00:58:09,811 --> 00:58:13,411
And he sensed that this was coming.

1061
00:58:13,471 --> 00:58:18,081
This is why I think like he's one of the greatest prophets, uh, of all

1062
00:58:18,101 --> 00:58:22,441
time in terms of like thinking he, he really, he thought outside of,

1063
00:58:22,959 --> 00:58:25,659
the box fundamentally and outside of the paradigm within which he lived.

1064
00:58:25,929 --> 00:58:28,829
Like we, we all talk about this stuff today because we, you know,

1065
00:58:28,889 --> 00:58:33,814
live in times of The greatest madness, but he, he sensed all this.

1066
00:58:33,884 --> 00:58:38,603
And I think, Bitcoiners don't read enough of people like him, which is unfortunate.

1067
00:58:38,623 --> 00:58:40,563
And I'm going to hope to change that with some of the stuff

1068
00:58:40,563 --> 00:58:41,873
that I'm writing coming up soon.

1069
00:58:42,159 --> 00:58:46,709
Yeah, and, uh, to make a devil's adv slight, somewhat of a devil's advocate

1070
00:58:46,759 --> 00:58:51,783
point here, On a, in a functioning world, on a soundbunny standard or whatever,

1071
00:58:52,813 --> 00:58:57,063
pick one, uh, being average, there's nothing wrong with being average.

1072
00:58:57,073 --> 00:58:58,513
Most people are average.

1073
00:58:58,563 --> 00:58:59,913
That's where the word come from.

1074
00:59:00,193 --> 00:59:05,353
And it's not, there's no wrong in having small goals for your life and not taking

1075
00:59:05,353 --> 00:59:10,883
on too much, but living a relaxed life, uh, where you don't have to, you know,

1076
00:59:11,473 --> 00:59:16,923
use your brain every microsecond of the day, like, and, uh, because becoming.

1077
00:59:17,063 --> 00:59:23,733
Becoming excellent has a high cost if you want to, if you want to outperform

1078
00:59:23,753 --> 00:59:28,353
people, you need to, you know, you can't have as much time with your family.

1079
00:59:28,583 --> 00:59:31,303
You can't have as much procrastination time.

1080
00:59:31,303 --> 00:59:32,543
It's just impossible.

1081
00:59:33,104 --> 00:59:34,954
You, you, you pay the cost both ways.

1082
00:59:34,974 --> 00:59:35,834
That's the thing, you know,

1083
00:59:36,039 --> 00:59:40,689
where we're not, we're not, you know, picking on average people here.

1084
00:59:40,699 --> 00:59:44,818
We're just saying that the system right now, rewards.

1085
00:59:45,567 --> 00:59:49,767
not even averageness, but, but worse than that is midwitery

1086
00:59:49,767 --> 00:59:50,977
or whatever you may call it.

1087
00:59:50,977 --> 00:59:56,617
Like it incentivizes you to, to be unproductive and to not

1088
00:59:56,837 --> 00:59:58,487
strive for anything greater.

1089
00:59:58,983 --> 01:00:03,363
yeah, I mean, the life's like a, like a spear, right?

1090
01:00:03,383 --> 01:00:08,103
And the, the, those who are, who choose to pay the price of being excellent,

1091
01:00:08,113 --> 01:00:09,353
they're like the tip of the spear.

1092
01:00:09,748 --> 01:00:12,998
You know, the, the, the, the sharpest, tiniest little point, you know,

1093
01:00:12,998 --> 01:00:16,896
they, but they're the, they're what pierces, the target and then, you

1094
01:00:16,896 --> 01:00:20,836
know, the, the rest of the inertia that, um, that drives it through.

1095
01:00:20,836 --> 01:00:23,986
So, you know, you fund, as you just said, you, you fundamentally need

1096
01:00:24,096 --> 01:00:25,406
excellence, but there's a price to it.

1097
01:00:25,416 --> 01:00:29,136
And not everybody can be Alexander the Great or Napoleon or Julius

1098
01:00:29,226 --> 01:00:30,216
Caesar, et cetera, like that.

1099
01:00:30,216 --> 01:00:33,266
They are, they are fundamentally different because to get to that echelon,

1100
01:00:33,716 --> 01:00:37,738
like to be an Elon Musk be a Peter Thiel or whatever, like you need to.

1101
01:00:39,998 --> 01:00:45,870
That didn't just happen, like it, there has to be, an act, that there needs to

1102
01:00:45,970 --> 01:00:49,810
be an energy and a, you know, once again, a vitality of striving for excellence,

1103
01:00:49,850 --> 01:00:55,601
some sort of, some fuel fire inside of you that like pushes you to get there.

1104
01:00:56,097 --> 01:00:58,587
it's not just gonna happen because.

1105
01:00:59,552 --> 01:01:01,362
You sat on the couch watching Netflix all day.

1106
01:01:01,692 --> 01:01:02,112
It just doesn't

1107
01:01:02,122 --> 01:01:04,602
No, I, I, I think that's a must quote.

1108
01:01:04,602 --> 01:01:09,422
If, if you're reading self help books and like success books,

1109
01:01:10,142 --> 01:01:11,732
it's probably not for you anyway.

1110
01:01:12,542 --> 01:01:12,832
Like,

1111
01:01:12,862 --> 01:01:13,162
that's it.

1112
01:01:13,202 --> 01:01:13,342
That's

1113
01:01:13,752 --> 01:01:17,412
and I, I, yeah, I don't remember the exact quote, but it's somewhere wrong.

1114
01:01:17,712 --> 01:01:18,042
And.

1115
01:01:18,647 --> 01:01:22,347
For those of you who don't know, life is not a box of fucking

1116
01:01:22,357 --> 01:01:23,697
chocolates, that's for sure.

1117
01:01:24,257 --> 01:01:27,057
Like, you can know what you're gonna get.

1118
01:01:27,087 --> 01:01:29,627
You're gonna get, you're gonna reap what you sow.

1119
01:01:29,707 --> 01:01:30,767
That's, that's it.

1120
01:01:30,927 --> 01:01:31,547
It's, yeah.

1121
01:01:31,652 --> 01:01:32,742
By and large, exactly.

1122
01:01:32,742 --> 01:01:34,832
I mean, you can't take luck out of the equation

1123
01:01:34,987 --> 01:01:35,577
No, no.

1124
01:01:36,022 --> 01:01:39,202
yeah, that's like the one, that's like the one phantom thing.

1125
01:01:39,202 --> 01:01:43,397
And in many ways, I think luck is You know, it sits in the same realm

1126
01:01:43,397 --> 01:01:44,947
as like consciousness and agency.

1127
01:01:44,947 --> 01:01:48,327
It's like this thing that is like, you can't define, you can't touch,

1128
01:01:48,367 --> 01:01:49,657
like it's ineffable, et cetera.

1129
01:01:49,657 --> 01:01:53,937
Like, you know, you could call God luck in some sense, right?

1130
01:01:53,937 --> 01:01:57,377
It's this thing that you just like, it's the variable that you can't take out.

1131
01:01:57,647 --> 01:02:01,287
Like, it reminds me of, um, the matrix and the architect, right?

1132
01:02:01,287 --> 01:02:03,797
He's like, you know, we designed everything perfectly, you know, I

1133
01:02:03,797 --> 01:02:06,227
gave you guys everything and, you know, you still fucked it up somehow.

1134
01:02:06,467 --> 01:02:07,547
It's like luck.

1135
01:02:08,052 --> 01:02:13,002
The human element, the, the, the piece of agency, the whatever is in there.

1136
01:02:13,012 --> 01:02:14,552
It's like the spark of life.

1137
01:02:14,662 --> 01:02:16,832
And that is different.

1138
01:02:16,842 --> 01:02:18,152
That is irreplaceable.

1139
01:02:18,182 --> 01:02:22,775
And, you know, you can, predict a lot, but, you know, the element

1140
01:02:22,775 --> 01:02:26,025
of luck is, um, irreducible.

1141
01:02:26,307 --> 01:02:29,587
Could, could I double, could I double click on, on that a little bit though?

1142
01:02:29,977 --> 01:02:34,167
The, the luck, the luck thing, I think this gets misunderstood a lot because

1143
01:02:34,277 --> 01:02:38,497
luck is, is another word for circumstance, whatever circumstance you're in, right?

1144
01:02:38,817 --> 01:02:45,012
And yes, there, there is an element of chance in every micro, Interaction, right?

1145
01:02:45,212 --> 01:02:49,012
Hit by a bus being probably the, the stereotypical example there.

1146
01:02:49,422 --> 01:02:53,342
But, but luck is also a, a, a longterm thing.

1147
01:02:53,592 --> 01:03:00,162
Someone born in a Western country is in a much better position than someone born

1148
01:03:00,172 --> 01:03:05,622
in a poverty stricken neighborhood in South Africa or Brazil or wherever, right?

1149
01:03:06,482 --> 01:03:12,727
But the thing is, their parents are And all of the, the background to them

1150
01:03:12,727 --> 01:03:14,227
is what has put them in that position.

1151
01:03:14,227 --> 01:03:15,307
It's not in a vacuum.

1152
01:03:15,397 --> 01:03:19,237
It, it's not that some soul got plucked out of the air and

1153
01:03:19,237 --> 01:03:21,727
was put into a random body.

1154
01:03:22,177 --> 01:03:23,767
Maybe there's people who believe that.

1155
01:03:23,772 --> 01:03:24,007
Right.

1156
01:03:24,007 --> 01:03:27,577
But, but it, it, there, there is a lineage to this.

1157
01:03:27,847 --> 01:03:32,377
So, so it's the, the choice is going back generationally and I

1158
01:03:32,377 --> 01:03:36,957
think that actually ties back into that your actions matter forward.

1159
01:03:37,337 --> 01:03:42,817
Your actions matter maybe a long way into the future, right, and so I, I think luck

1160
01:03:42,817 --> 01:03:48,127
is just something that, that, my point is that it gets misunderstood, uh, I think

1161
01:03:48,127 --> 01:03:54,107
that, that yes, there is sort of a random chance aspect to things, but, but it can't

1162
01:03:54,117 --> 01:03:58,821
be used to, to explain the way that, uh, people born in different circumstances,

1163
01:03:59,095 --> 01:03:59,315
Yeah.

1164
01:03:59,365 --> 01:03:59,895
A hundred percent.

1165
01:03:59,935 --> 01:04:03,366
I mean, It's, this is one of the things, you know, why it's so,

1166
01:04:03,406 --> 01:04:05,386
um, ineffable and indefinable.

1167
01:04:05,386 --> 01:04:12,506
It's there's, um, like the mind boggles at the amount of things that

1168
01:04:12,516 --> 01:04:17,486
have to like happen in order for you and I to be born, you know, as who we

1169
01:04:17,486 --> 01:04:18,596
were born as, you know what I mean?

1170
01:04:18,606 --> 01:04:20,446
Like it's just, I don't know.

1171
01:04:20,496 --> 01:04:25,346
Like sometimes, for example, I, um, I think about like me and

1172
01:04:25,356 --> 01:04:28,696
my brother, like we're basically Irish twins, you know, we're born.

1173
01:04:29,006 --> 01:04:30,466
12 and a half months apart.

1174
01:04:30,736 --> 01:04:34,077
I guess I didn't make the Irish twins, window, but close enough.

1175
01:04:34,077 --> 01:04:34,317
Right.

1176
01:04:34,837 --> 01:04:40,010
And like, I don't know, like when it comes to cognitive comprehension,

1177
01:04:40,560 --> 01:04:45,110
the guy's about as smart as this bottle of water here, like, and

1178
01:04:45,630 --> 01:04:47,690
drives me fucking insane sometimes.

1179
01:04:48,386 --> 01:04:53,576
but, you know, he's, uh, you know, he's, he's more unique in other ways.

1180
01:04:53,626 --> 01:04:57,246
Like, um, I don't know, he's been endowed with this, like,

1181
01:04:57,646 --> 01:05:00,180
ability to, abstain from things.

1182
01:05:00,180 --> 01:05:02,200
Like, so, like, he, he trains like a machine.

1183
01:05:02,200 --> 01:05:04,240
This little shit, like, he's fucking.

1184
01:05:04,515 --> 01:05:08,175
Abdub, he's never touched a single supplement or like steroid or anything

1185
01:05:08,175 --> 01:05:11,785
like that in his life, but he looks a hundred times better than people who

1186
01:05:11,785 --> 01:05:15,065
sit there and like inject themselves with testosterone and a million other

1187
01:05:15,065 --> 01:05:19,825
things and like, but he's just got this like weird, like when we were young, my

1188
01:05:19,825 --> 01:05:23,325
dad used to call him a donkey because he was like stubborn, like a fucking

1189
01:05:23,325 --> 01:05:26,325
donkey, like when there was something that he wanted, like whether it's

1190
01:05:27,485 --> 01:05:31,190
for the good, for the bad, whatever, like he just, Do that and that's it.

1191
01:05:31,210 --> 01:05:34,160
Like, it was almost like those, you know, those old bunnies where you like wind

1192
01:05:34,160 --> 01:05:36,950
them up and you point them in a direction, like, you know, that's where he goes.

1193
01:05:37,426 --> 01:05:40,982
so, you know, he, he and I have a real like difference there.

1194
01:05:41,092 --> 01:05:45,434
And, you know, is, is it luck that we turned out differently, you

1195
01:05:45,434 --> 01:05:48,854
know, genetically even being so genetically sort of similar, like.

1196
01:05:49,289 --> 01:05:49,799
I don't know.

1197
01:05:49,859 --> 01:05:54,799
I don't know how to, how to explain this sort of stuff, but there's that, when

1198
01:05:54,799 --> 01:05:56,039
I think about luck, that's what I mean.

1199
01:05:56,049 --> 01:06:01,229
Like it's this, it's this thing, like it's almost like the fucking roll of the

1200
01:06:01,229 --> 01:06:07,277
dice, like what made us fundamentally different from, from kids, from babies.

1201
01:06:07,367 --> 01:06:10,927
Like I started speaking at the age of eight and like, uh, you know, I remember

1202
01:06:10,927 --> 01:06:14,937
my mom and sorry, age of eight, sorry, eight months, fuck's sake, eight months.

1203
01:06:15,422 --> 01:06:18,472
I was thinking that, yeah, you're pretty good for, for starting that late.

1204
01:06:18,622 --> 01:06:20,082
Yeah, no, I'm not that retarded.

1205
01:06:20,653 --> 01:06:23,863
but yeah, no, I started speaking at eight months old and my brother

1206
01:06:23,863 --> 01:06:25,413
didn't start speaking until like two.

1207
01:06:25,803 --> 01:06:29,873
Um, but he started walking, um, you know, almost 12 months early.

1208
01:06:30,363 --> 01:06:30,663
Why?

1209
01:06:31,083 --> 01:06:31,433
I don't know.

1210
01:06:31,593 --> 01:06:35,053
And that's the kind of stuff I throw in the, um, in the bin of luck.

1211
01:06:35,992 --> 01:06:39,512
I would throw that in the bin of luck as well, but I would not throw like,

1212
01:06:39,862 --> 01:06:43,612
that there are so many other things like risk management, there should, there

1213
01:06:43,612 --> 01:06:48,912
should be a word like luck management, because, uh, because you can, you can,

1214
01:06:49,642 --> 01:06:55,107
like I am lucky to know you, Alex, and to know another, uh, a whole bunch of

1215
01:06:55,107 --> 01:06:59,667
great people, but it's not luck primarily.

1216
01:06:59,767 --> 01:07:05,367
It's that I actively seeked out people to, and, uh, got to know them.

1217
01:07:05,457 --> 01:07:09,907
And like, the, there's, the, there's an element of luck to it.

1218
01:07:09,967 --> 01:07:13,187
I mean, You never know what's going to take off, you never know

1219
01:07:13,187 --> 01:07:16,807
what people are going to notice of your work or anything like that.

1220
01:07:17,177 --> 01:07:20,277
So there's an element of luck to it, but just like Bitcoin mining,

1221
01:07:20,607 --> 01:07:25,377
which is also just guessing a random number, and that's, so proof of work

1222
01:07:25,387 --> 01:07:27,307
and luck are very tightly connected.

1223
01:07:27,367 --> 01:07:28,827
Here's, uh, here's the thoughts.

1224
01:07:29,776 --> 01:07:30,496
totally, totally.

1225
01:07:30,496 --> 01:07:34,116
That is, yeah, that's like, it's, it's, it's pay to play.

1226
01:07:34,226 --> 01:07:34,796
That's the thing.

1227
01:07:35,236 --> 01:07:38,126
Like you, you, you're not going to be, you're not going to win if you're

1228
01:07:39,056 --> 01:07:42,706
No, freemium, freemium isn't free, and proof of work is

1229
01:07:42,706 --> 01:07:44,176
luck management, basically.

1230
01:07:44,206 --> 01:07:44,836
really is.

1231
01:07:44,986 --> 01:07:48,806
Yeah, that's, um, yeah, that's a really good way to frame it.

1232
01:07:49,693 --> 01:07:50,063
okay.

1233
01:07:50,193 --> 01:07:54,383
Uh, do you want me to pull a couple other things, maybe to piss some

1234
01:07:54,383 --> 01:07:56,373
people off before we finish this?

1235
01:07:56,924 --> 01:08:00,634
Yes, for those of you who don't know, haven't figured out yet, I mean, uh,

1236
01:08:00,674 --> 01:08:06,854
Alex is the, uh, contrarians contrarian, so, so, please, Alex, piss people

1237
01:08:06,854 --> 01:08:10,414
off for us, we'd love to hear it.

1238
01:08:10,549 --> 01:08:11,649
I'm gonna read out a paragraph.

1239
01:08:11,849 --> 01:08:16,419
So it says, uh, most people think that Bitcoin's greatest contribution will be

1240
01:08:16,419 --> 01:08:18,329
to lift the masses up and help the weak.

1241
01:08:18,999 --> 01:08:20,789
Um, and I say, while that will likely occur.

1242
01:08:21,624 --> 01:08:23,554
And not for the reasons you think it will.

1243
01:08:23,784 --> 01:08:27,664
It's my unpopular belief that the more important contribution and

1244
01:08:27,674 --> 01:08:32,184
impact to mankind will be that Bitcoin makes the strongest, stronger,

1245
01:08:32,564 --> 01:08:35,994
the best, better, and the more, the most powerful, more powerful.

1246
01:08:36,684 --> 01:08:40,254
Um, and then I sort of subset that by say, I can already feel you

1247
01:08:40,254 --> 01:08:41,794
squirming as you read that line.

1248
01:08:41,904 --> 01:08:45,694
So please read it again, allow me to clarify why this is a good

1249
01:08:45,694 --> 01:08:47,604
thing and of utmost importance.

1250
01:08:48,504 --> 01:08:52,539
And then I kind of like going to, you know, You know, first of all, I

1251
01:08:52,539 --> 01:08:55,979
think we can agree on you get more of that, which is rewarded if you reward

1252
01:08:56,029 --> 01:08:57,659
theft, uh, you'll get more theft.

1253
01:08:57,659 --> 01:09:00,014
San Francisco is a perfect example.

1254
01:09:00,014 --> 01:09:04,089
Participation awards in school reward average students, not those who excel.

1255
01:09:04,416 --> 01:09:08,966
ESG and, you know, DEI or whatever in the workplace results in hiring

1256
01:09:08,976 --> 01:09:10,406
for politics that are competent.

1257
01:09:11,016 --> 01:09:14,556
And giving people money for staying home results in more people staying home,

1258
01:09:14,626 --> 01:09:15,916
getting fat, lazy, and less productive.

1259
01:09:16,616 --> 01:09:18,496
So I'd say the converse is also true.

1260
01:09:18,671 --> 01:09:21,101
When we reward people for doing a great job, they not only feel

1261
01:09:21,101 --> 01:09:25,171
recognized, but they feel a drive or a will to do a greater job.

1262
01:09:25,591 --> 01:09:28,221
So all of that sort of culminates in a simple formula, which is strong

1263
01:09:28,221 --> 01:09:31,901
individuals equal strong society, weak individuals equal weak society.

1264
01:09:31,901 --> 01:09:35,561
So if you want a powerful meritocratic society, you must encourage.

1265
01:09:35,931 --> 01:09:38,321
Powerful people and reward them for winning, i.

1266
01:09:38,331 --> 01:09:38,341
e.

1267
01:09:38,341 --> 01:09:42,141
for merit, not for cheating, not for lying, not for stealing, not for quitting,

1268
01:09:42,361 --> 01:09:45,021
not for participating, but for achieving.

1269
01:09:45,431 --> 01:09:48,621
And like, I think this, this year is sort of to tie it back to the,

1270
01:09:48,631 --> 01:09:51,471
obviously the line that'll piss people off, like making the strongest,

1271
01:09:51,611 --> 01:09:53,061
stronger, and the best, better.

1272
01:09:53,716 --> 01:10:00,504
Most powerful, more powerful is that Bitcoin, like any good technology, like,

1273
01:10:00,614 --> 01:10:02,264
I mean, money is a force multiplier.

1274
01:10:02,776 --> 01:10:08,996
and you know, if you have a functional, sound, incorruptible money, it is

1275
01:10:08,996 --> 01:10:14,921
going to multiply, you know, people who, who are fundamentally the best.

1276
01:10:15,411 --> 01:10:17,891
Uh, whatever, what they, you know, like your definition of the

1277
01:10:17,891 --> 01:10:19,151
definition of best matters here.

1278
01:10:19,161 --> 01:10:24,381
It's like someone who is the best kind of manager or the best business owner,

1279
01:10:24,381 --> 01:10:28,031
the best product owner or the best father or the best, you know, builder

1280
01:10:28,031 --> 01:10:29,791
or whatever, like they will get better.

1281
01:10:30,582 --> 01:10:39,341
Um, because they're not being perhaps, I mean, that's a, that's an interesting one.

1282
01:10:39,521 --> 01:10:40,081
Um,

1283
01:10:41,741 --> 01:10:42,301
I couldn't resist.

1284
01:10:42,736 --> 01:10:44,806
Did Knut out provocateur you, Alex?

1285
01:10:45,741 --> 01:10:46,481
uh, maybe,

1286
01:10:46,636 --> 01:10:47,346
I do my best.

1287
01:10:47,556 --> 01:10:48,026
Yeah,

1288
01:10:48,466 --> 01:10:50,296
He, he might have just won this round.

1289
01:10:51,119 --> 01:10:52,249
no, but I totally get that.

1290
01:10:52,269 --> 01:10:57,929
Like the, uh, the, uh, that, that, that thing about incentivizing the bad

1291
01:10:57,929 --> 01:11:01,639
behavior is straight out the hopper, like hopper's literature is full of that.

1292
01:11:01,669 --> 01:11:04,869
Like you get what you, what's your reward?

1293
01:11:05,319 --> 01:11:08,229
Like, like, if you pay for something, you're going to get that.

1294
01:11:08,319 --> 01:11:09,589
It's a minimum wage laws.

1295
01:11:10,109 --> 01:11:12,739
It's, it's, it's literally paying for people to stay home.

1296
01:11:13,529 --> 01:11:16,679
Yeah, but see, this is what the left ads and like, a lot of the

1297
01:11:16,829 --> 01:11:19,409
bitcoiners just don't get, or they don't wanna admit, right?

1298
01:11:19,499 --> 01:11:22,654
Like, they just have this fantasy in their mind like, oh, you know,

1299
01:11:22,769 --> 01:11:27,239
it's gonna fucking unbanked, the banked and all, whatever.

1300
01:11:27,239 --> 01:11:29,559
De banked, banked the unbanked, or what?

1301
01:11:29,559 --> 01:11:34,532
Like it's just, it comes from a place of like, I know that they, they miss

1302
01:11:34,532 --> 01:11:37,022
this fact, like they miss that, uh.

1303
01:11:37,768 --> 01:11:40,108
Yeah, it's the equal opportunity thing

1304
01:11:40,313 --> 01:11:41,323
Yes, it once

1305
01:11:41,418 --> 01:11:42,708
That's where it comes from.

1306
01:11:42,718 --> 01:11:47,998
It comes from this notion that people are, have, could have equal opportunity,

1307
01:11:47,998 --> 01:11:50,388
which is, which is utopian in every way.

1308
01:11:50,628 --> 01:11:52,953
And, and there's nothing wrong with it.

1309
01:11:53,133 --> 01:11:56,773
You know, producing more great people, because that's also true.

1310
01:11:56,773 --> 01:12:01,333
Like if you incentivize being great, more great people, like I know people

1311
01:12:01,333 --> 01:12:06,903
with an IQ of 155 will work in fucking hot dog stands, you know, that could

1312
01:12:06,903 --> 01:12:09,903
have done something way better with their lives, but they don't because

1313
01:12:09,903 --> 01:12:14,947
they live in fucking clown world, like, like, and you're going to see less of

1314
01:12:14,947 --> 01:12:16,743
that on a Bitcoin standard, I think.

1315
01:12:17,743 --> 01:12:18,313
Well, I hope so.

1316
01:12:18,924 --> 01:12:22,894
yeah, like it comes back to the orient, the optimization and orientation we spoke

1317
01:12:22,894 --> 01:12:27,404
about before, when you, when you optimize, when you make your North Star a quality,

1318
01:12:27,624 --> 01:12:31,334
um, then you, you, you sacrifice quality.

1319
01:12:31,674 --> 01:12:35,964
And when you make it quality, uh, and excellence, you'll, you'll get.

1320
01:12:36,619 --> 01:12:40,689
Uh, something there for the quantity, uh, as well, in fact, you'll increase

1321
01:12:40,689 --> 01:12:45,419
the quantity of excellent because life is this thing that wants to expand and life

1322
01:12:45,419 --> 01:12:50,739
can only expand if there's some layer of frontier of life pushing, you know, the,

1323
01:12:50,769 --> 01:12:55,309
the, the frontier and that, that is like, if there was a different, like, I mean,

1324
01:12:55,729 --> 01:13:01,549
uh, etymologically speaking, like the word excellence, um, you know, excellaire, uh,

1325
01:13:01,549 --> 01:13:03,969
which is the, you know, the roots of it.

1326
01:13:03,969 --> 01:13:04,219
Okay.

1327
01:13:04,454 --> 01:13:10,384
Have to do with separating oneself or like a mountain or a peak, like

1328
01:13:10,384 --> 01:13:12,084
it's a, it's a protrusion out.

1329
01:13:12,454 --> 01:13:15,404
Um, that's essentially what, uh, excellence means.

1330
01:13:15,414 --> 01:13:19,564
It's like, it's to, it's to push the bounds, it's to climb the mountain, it's

1331
01:13:19,564 --> 01:13:24,674
to separate from the, the levels from the, you know, from the, from the masses.

1332
01:13:25,414 --> 01:13:27,274
And like, that, that is fundamental.

1333
01:13:28,064 --> 01:13:31,804
I mean, even if you conceptually think about what growth means, like, you

1334
01:13:31,804 --> 01:13:35,214
know, if, if this is your sphere of influence, growth demands that you

1335
01:13:35,224 --> 01:13:37,924
step outside the sphere of influence and you expand it and grow it.

1336
01:13:38,004 --> 01:13:41,624
Like, so all of like, literally the very nature of life is the,

1337
01:13:41,844 --> 01:13:46,264
is the expansion into, uh, you know, bringing light into darkness.

1338
01:13:46,304 --> 01:13:49,554
It is the, you know, it's the, the opposite of entropy, right?

1339
01:13:50,844 --> 01:13:54,784
And I mean, this is precisely why I wrote this article for the, um, for the

1340
01:13:54,784 --> 01:13:56,154
energy edition of the Bitcoin Times.

1341
01:13:56,164 --> 01:13:59,354
So everyone else like in the Bitcoin Times, like, you know, wrote about

1342
01:13:59,464 --> 01:14:03,204
nuclear and, uh, you know, Marty Bent, you know, bashed, uh, ESG.

1343
01:14:04,214 --> 01:14:08,904
Um, there was one in there about like power lines, one in there, uh,

1344
01:14:08,934 --> 01:14:11,604
about like Simon, what's his name?

1345
01:14:11,614 --> 01:14:13,784
Julian Simon, who spoke about like.

1346
01:14:15,564 --> 01:14:20,134
Like there's no such thing as, uh, basically he said all energy

1347
01:14:20,154 --> 01:14:21,284
and resources are infinite.

1348
01:14:21,284 --> 01:14:25,504
The only thing that, uh, the only limitation is human ingenuity.

1349
01:14:26,734 --> 01:14:29,744
Um, there's one in there from Jerome from about entropy, but I

1350
01:14:29,744 --> 01:14:31,304
took obviously this different tack.

1351
01:14:31,304 --> 01:14:33,564
I said, okay, what, what does this mean?

1352
01:14:33,974 --> 01:14:38,174
for kind of the human spirit or, you know, the, the, the, you know,

1353
01:14:38,184 --> 01:14:40,454
and this is what, this is, this is where people misunderstand Nietzsche,

1354
01:14:40,464 --> 01:14:43,564
like his idea of the will to power.

1355
01:14:44,114 --> 01:14:47,494
And, you know, I love Jimmy's song, but he gets this completely wrong.

1356
01:14:47,504 --> 01:14:50,534
You know, he always talks about how, you know, the world is evil, you know, because

1357
01:14:50,534 --> 01:14:52,094
of our desire for the will to power.

1358
01:14:52,144 --> 01:14:52,774
No, no, no.

1359
01:14:52,774 --> 01:14:57,434
Will to power is another word for like spirit or animating force of the human.

1360
01:14:57,874 --> 01:15:04,524
And when we try and neglect that, or downplay it, or, uh, diminish it in any

1361
01:15:04,524 --> 01:15:10,574
way, what we do is we lose touch with the very excellence that makes life possible,

1362
01:15:10,614 --> 01:15:14,314
the very excellence that pushes the bounds and continues life expanding and

1363
01:15:14,314 --> 01:15:21,649
growing, and, I mean, that's, you know, in our neglect of that, We are producing

1364
01:15:22,549 --> 01:15:28,479
nihilism, emptiness, equality, grayness, basically on the planet, like we, we

1365
01:15:28,479 --> 01:15:35,249
getting, we, yeah, the, the leaders are Klaus Schwab and Gavin Newsom instead

1366
01:15:35,249 --> 01:15:38,489
of, you know, Napoleon and Alexander the Great, very different quality.

1367
01:15:38,824 --> 01:15:41,684
Alex, this has been an absolute pleasure.

1368
01:15:42,214 --> 01:15:45,964
Thank you for coming on to our show, and I hope to continue this

1369
01:15:45,964 --> 01:15:50,724
conversation, both recorded and unrecorded, so we can be really

1370
01:15:50,754 --> 01:15:53,984
contrarian in the not too far future.

1371
01:15:54,484 --> 01:15:55,494
You know, we will.

1372
01:15:55,534 --> 01:15:58,544
Um, can I show some people some things to check out?

1373
01:15:59,064 --> 01:16:01,854
Absolutely, we were just going to ask you, I mean, uh...

1374
01:16:02,304 --> 01:16:04,064
Lukas is the one to ask that.

1375
01:16:04,064 --> 01:16:06,964
So where, where can we direct our listeners to find more,

1376
01:16:07,554 --> 01:16:09,814
more Alexander the Great stuff?

1377
01:16:10,224 --> 01:16:10,494
Okay.

1378
01:16:12,104 --> 01:16:12,414
All right.

1379
01:16:12,774 --> 01:16:17,384
So first thing is an ask is anyone who's interested in the AI stuff?

1380
01:16:17,664 --> 01:16:21,014
Um, I would love them to go and check out spirit of satoshi.

1381
01:16:21,054 --> 01:16:21,184
ai.

1382
01:16:22,134 --> 01:16:25,484
And what we're essentially looking for, and a big part of

1383
01:16:25,484 --> 01:16:27,104
this is it's a community project.

1384
01:16:27,104 --> 01:16:30,714
So we need as many Bitcoin as possible to watch live.

1385
01:16:30,994 --> 01:16:32,864
Help us train the model.

1386
01:16:32,864 --> 01:16:37,094
And when I say train the model, like it's, it's really a bunch of like putting your

1387
01:16:37,094 --> 01:16:38,794
proof, putting your knowledge to work.

1388
01:16:38,794 --> 01:16:39,924
So it's kind of like proof of knowledge.

1389
01:16:39,924 --> 01:16:44,554
You get paid sats for, uh, basically answering questions as if you

1390
01:16:44,554 --> 01:16:48,234
were the model, um, and validating whether questions that other people

1391
01:16:48,234 --> 01:16:49,869
have answered are good or bad.

1392
01:16:50,729 --> 01:16:54,229
And, you know, in doing so, so there's like validation tasks and

1393
01:16:54,229 --> 01:16:57,959
there's content creation or curation tasks, um, you participate in

1394
01:16:57,959 --> 01:16:59,659
those and you basically earn sats.

1395
01:17:00,119 --> 01:17:04,079
So it's a little bit more profitable than yelling at people on Twitter.

1396
01:17:04,219 --> 01:17:07,559
Um, you know, depending on, you know, what you sort of, uh,

1397
01:17:07,669 --> 01:17:08,839
want to spend your time doing.

1398
01:17:09,429 --> 01:17:10,099
So that's number one.

1399
01:17:10,419 --> 01:17:11,579
Then number two is.

1400
01:17:13,014 --> 01:17:16,384
If you had interest in what we discussed with the Bitcoin Times, so as I said,

1401
01:17:16,384 --> 01:17:20,754
this year's edition, uh, like, like last year's was the Austrian with,

1402
01:17:20,784 --> 01:17:25,854
uh, with Saifedean and Pierre and Goldstein and Rahim and all that.

1403
01:17:26,344 --> 01:17:30,474
And it was like, we did the big launch last year, but I think this

1404
01:17:30,474 --> 01:17:32,074
year's one follows on with energy.

1405
01:17:32,204 --> 01:17:35,844
And I know I'm, I'm.

1406
01:17:36,724 --> 01:17:40,124
I know every year I say I'm most proud of this one, so it's really

1407
01:17:40,124 --> 01:17:43,234
hard to say whether I'm more proud of this one than the last one, but

1408
01:17:43,234 --> 01:17:44,694
like this one definitely is special.

1409
01:17:44,694 --> 01:17:51,104
And if anyone ever read the Remnant piece that I did like two years ago

1410
01:17:51,304 --> 01:17:52,404
that, you know, ruffled a bunch of

1411
01:17:52,724 --> 01:17:53,194
I did.

1412
01:17:53,959 --> 01:17:54,319
Thank you.

1413
01:17:55,259 --> 01:17:55,569
Yeah.

1414
01:17:55,719 --> 01:17:59,519
Um, this, this Nietzsche piece, I think does a similar sort of job

1415
01:17:59,559 --> 01:18:03,689
to like really pushing people's, um, notions or conceptions.

1416
01:18:03,689 --> 01:18:06,919
I know, Knut, you picked up something in the thing, which might

1417
01:18:06,919 --> 01:18:09,189
be worth like mentioning here.

1418
01:18:09,189 --> 01:18:09,719
Yeah.

1419
01:18:09,914 --> 01:18:15,034
Yeah, it was the, uh, how absolute power corrupts absolutely and how

1420
01:18:15,034 --> 01:18:19,764
that's only true if the money is not sound somehow, because it's not

1421
01:18:19,814 --> 01:18:23,464
absolute power, it's not power itself that corrupts, it's the corrupt money

1422
01:18:23,464 --> 01:18:28,144
that corrupts, that allows corrupt people to get into positions of power.

1423
01:18:28,859 --> 01:18:29,489
was somewhere.

1424
01:18:30,599 --> 01:18:30,909
Yeah.

1425
01:18:31,329 --> 01:18:31,919
So power.

1426
01:18:32,109 --> 01:18:32,799
Yeah, that's right.

1427
01:18:32,879 --> 01:18:34,019
So where did I say?

1428
01:18:34,029 --> 01:18:36,149
It's not power itself, but those who wield it.

1429
01:18:36,159 --> 01:18:39,699
It's not that power corrupts, but that the corrupt can attain power.

1430
01:18:40,129 --> 01:18:40,369
And

1431
01:18:40,469 --> 01:18:41,169
Exactly.

1432
01:18:41,329 --> 01:18:41,989
I love that.

1433
01:18:42,239 --> 01:18:44,629
shifts that people need to make in their heads.

1434
01:18:45,351 --> 01:18:48,161
So yeah, if people want to read that, uh, bitcointimes.

1435
01:18:48,361 --> 01:18:53,311
io and I will, um, I actually, fuck it, I'll give you guys a code.

1436
01:18:53,361 --> 01:18:57,901
Uh, if you use the code energy, you'll save 40, 000 stats, which is about 10

1437
01:18:57,901 --> 01:19:00,921
percent off the, um, of the publication.

1438
01:19:01,451 --> 01:19:01,791
All right.

1439
01:19:01,841 --> 01:19:02,581
Wonderful.

1440
01:19:02,901 --> 01:19:04,121
Uh, one last question.

1441
01:19:04,121 --> 01:19:06,021
When are you going to write the fascist case for Bitcoin?

1442
01:19:07,081 --> 01:19:09,421
Uh, I wrote it just under a different name.

1443
01:19:12,151 --> 01:19:12,611
All right.

1444
01:19:13,321 --> 01:19:13,691
Yeah.

1445
01:19:14,051 --> 01:19:15,131
Great having you on, Alex.

1446
01:19:15,761 --> 01:19:17,141
Um, take care.

1447
01:19:17,141 --> 01:19:18,931
Have a nice rest of.

1448
01:19:19,446 --> 01:19:20,626
Oh, the rest of your life.

1449
01:19:21,181 --> 01:19:21,681
Yeah, thank you sir.

1450
01:19:21,681 --> 01:19:26,441
That's, that's scary because you're about to say the rest of the day.

1451
01:19:27,241 --> 01:19:29,711
I feel like there's going to be a drone coming to bomb me now

1452
01:19:30,366 --> 01:19:32,816
no, but it's, you ever thought of that?

1453
01:19:32,906 --> 01:19:35,936
That, uh, have a nice evening is pretty evil.

1454
01:19:36,116 --> 01:19:40,236
Like, why don't you want me to have a good time for the rest of my life as well?

1455
01:19:40,246 --> 01:19:43,486
Like, why, why limit yourself to a nice evening or a nice weekend?

1456
01:19:44,001 --> 01:19:46,061
I mean, yeah, okay, that's cool.

1457
01:19:46,091 --> 01:19:47,161
I mean, the way it

1458
01:19:47,406 --> 01:19:48,236
Low, low time

1459
01:19:48,501 --> 01:19:50,051
have a, have a nice evening.

1460
01:19:50,081 --> 01:19:51,761
I mean, I mean, I mean, rest of your life.

1461
01:19:54,021 --> 01:19:55,281
No, I really think we're going to get killed.

1462
01:19:55,996 --> 01:19:57,476
Getting tired in the brain here.

1463
01:19:57,991 --> 01:19:58,851
Yes, exactly.

1464
01:19:58,851 --> 01:19:59,711
Knut's getting tired.

1465
01:19:59,751 --> 01:20:01,381
So thank you again for coming on, Alex.

1466
01:20:01,611 --> 01:20:03,251
This has been the Freedom Footprint Show.

1467
01:20:03,271 --> 01:20:04,061
Thanks for listening.