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Walker, welcome to the Bitcoin Infinity show. Nice to have you here.

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It is great to be on the Infinity Divided by 21 million show.

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Oh, yeah.

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I'm stoked to do it. Big fan, of course, so it's always nice, you know, when we can have Bitcoin podcasters together podcasting about Bitcoin podcasts.

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It's a beautifully virtuous cycle.

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Yes, it's fantastic. Yes, the circle jerk is complete.

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What the circle is complete and the circle jerk is something else.

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Yeah.

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Anyway, we would just before we started, we were talking about your wonderful voice.

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It's like talking to Darth Vader and I love it.

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This is not, Walker does not have a filter on as a disclaimer, like this is his actual

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voice.

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And yeah, have you been chain smoking early in an earlier life?

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I mean, I used to smoke cigarettes many years ago, you know, but I have not for some years.

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It turns out that I guess, uh, I didn't really know I had a voice that people enjoyed listening

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to until like more recently.

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And it was, I think it was actually after speaking at a conference or something.

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And somebody was like, they came up to me afterwards.

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It was Lugano 2022.

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They came up to me and they were like, Walker, like, would you record a voice message for

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my girlfriend?

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Like, and I'm like, this, this is getting weird.

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This is getting weird in a hurry, but yeah, why not?

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you know so yeah then i then i realized that uh because you know i think everybody has a weird

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thing about their voice right like you i mean some people genuinely like the sound of their

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own voice i'm like not one of those people i kind of tolerate it but like we we all hear our own

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voices differently than everybody else hears them though it's it's it's important to remember that

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yeah and you you first experienced that the first time you record your voice like and

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when i grew up like it wasn't that easy to record your voice as it is today like we have

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everyone has a device to record their own voice every day but uh when when i grew up that wasn't

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the case and like when you heard your own voice for the first time it's like oh fuck i sound

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completely different and kind of dorky like yeah because you have this resonance in your skull

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that that other people don't hear uh so you sound better to yourself when you don't hear yourself or

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or something like that but you get used you've got those deep bone vibrations when you hear your

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own voice. It's like, it's right there, you know?

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Yeah. So for you, it must be like being Batman in a Gothic cathedral or something.

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That sounds, that sounds like a, like an AI image prompt, you know, but Batman in a

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Gothic cathedral sounds pretty sweet actually.

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Yeah, no, these are all compliments. I think you should, um, come and sing like,

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what a wonderful world by Louis Armstrong with, with us in a rock a motor someday.

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You know, I, I can, I can actually mimic Louis Armstrong decently.

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I'm not a good singer

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I am a good mimic

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so Carla is the talented singer

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did you get a chance

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to see the Christmas music video

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she just put out yesterday?

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Yes but I thought it was a rerun

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so I only watched snippets of it

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because I thought it was

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but I thought it was the

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da da da da da da da da

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that thing right?

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No no no she did the Grinch

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this time so like

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you're a mean one Mr. Grinch

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it's a scathing critique

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of both central bankers and EU bureaucrats all rolled into one. So we don't discriminate. It's

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not just against US or EU or not just politicians. It's central bankers too. Janet Yellen makes an

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appearance as the ghost of QE past. It's quite nice. And Carla has, again, a beautiful singing

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voice. So I highly recommend you check it out. She basically comes out of retirement now once a year

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to make a political monetary Christmas tune.

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So this is the one we get this year.

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I mean, I've loved those things

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since the first time I saw them.

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I just adore them.

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I think this is embracing the cringe

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in the exact right way.

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Like, this is how you do it.

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Don't be afraid of it.

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Just embrace it.

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And they're funny as hell.

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And I'm a huge fan of those videos.

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And I have been for a long time.

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it means a lot like for us it was we realized even like after putting this one out yesterday

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i was just telling carla i was saying you know nobody else makes this kind of content

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like no monetary political musical satire like nobody else is like that's that's a niche within

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a niche within a niche you know and it's just funny because she's always very uh not self-conscious

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per se just she like she mostly cares if she loves it but she also obviously wants the message

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to get out there.

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And so it's that fine balance

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between making something that's,

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you know, again,

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a niche within a niche within a niche,

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but also giving it some broad appeal.

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But it's interesting because it's like,

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I mean, you know this,

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on any of these centralized

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social media platforms,

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like you are,

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the majority of what people are served up

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and what they go after is just slop.

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It's just slop.

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Whether it's AI or human generated slop,

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it's just slop.

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Dem slop, pleb slop,

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it could be anything.

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The worst kind of slop

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is the politis slop,

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you know, the politics slop.

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Yeah.

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It's just like the lowest of the low, but, but it's so hard.

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There's just, there's so much noise out there.

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So much noise more than ever.

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The amount of the signals noise ratio is growing, you know, uh, it's going in the wrong direction

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constantly as it gets noisier and noisier.

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And so it's hard to break outside of that, I think.

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And it's, it's hard to get people to, to pay attention in this goldfish attention span,

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you know, world that we live in.

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It's, but sometimes you do.

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And even if it reaches a couple people, it makes a couple people laugh or a couple people think differently.

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Like that's, you know, that's still a win.

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And I mean, every social media platform has its niche, right?

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So Facebook quite quickly became for boomers and like that's the boomer platform.

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It's like for people who don't really understand the internet.

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So it's convenient and kind of tame.

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And there's a lot of pictures of food still like stuff like that.

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five-year-old memes and X the reason I fell in love with Twitter back in the day was the fact

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that you had to boil down your thoughts to 144 characters because that made me such a much sharper

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writer like so it was a sharpening my mind and that that's the thing I loved about it and that

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it was fast and all this uh yeah i do wonder how much of of that because i i agree like i like

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i liked uh or i still like a forcing function on like that forces you to be brief that forces you

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to be concise i think so much was kind of like lost when they expanded it so it's like now you

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can just write long form for anything like you don't have to be concise anymore i think still

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the most still you don't you you only see the top part of it it's true and the and i think still the

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tweets that perform the best you know perform the best are the ones that are concise distillations

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like it's i mean it's the reason that memes broadly are such an effective information

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distribution mechanism because they are concise they can they uh convey a massive amount of

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information cultural information in a really really bite-sized form and you know a short tweet

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does the same it's like it's why uh it's why vine too and i'm not sure if you've been tracking this

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but rabble he's one of the you know the early guys that was working with on twitter with jack

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he just released uh divine like spelled like divine but uh for anyone that doesn't know maybe

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for like if the young folks out there mine was awesome but i remember i remember specifically

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because i posted a meme about it on instagram at the time i went back and found this uh i remember

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when like people may not know this but instagram didn't always have video like it wasn't always

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just a video you know first platform like not everything was just shorts vine was the original

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short form video platform you were constrained to like seven seconds yeah and it was beautiful

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like force like making a video in seven seconds and try to convey so much information that short

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amount of time that takes like it takes some real thought or it takes just creativity it was yeah

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it was just a beautiful culture and now they're bringing that back and a huge thing they're doing

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is filtering out ai slop which i think is great it's like you want to see you don't you don't want

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all the ai slop you don't want to have to filter that noise like i think it's nice to have a a human

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first uh platform you know what i mean yeah yeah absolutely uh i mean i uh i i spend a lot of time

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on youtube unfortunately i don't really want to but it's one of those things i'm trying to move

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away from but i haven't even gotten a premium account yet so i see all these ads now it's

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ads for making ai slop made made by ai slop so there's ais telling me to install ais to make ai

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slop and i'm like no i'm not going there like fuck you i use a ai daily but for completely

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different things. I use it to be more creative, not less. No, it's slop all the way, which

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is unfortunate. There was a Kurzgesagt video, I believe. I don't always like their videos,

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but sometimes they're pretty decent. And one of them was about how scientific research

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is now like peer reviewed research.

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Like the papers being reviewed are a product of AI slop.

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And AI slop is very good at lying and sounding like the truthful

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because they don't really have that function, the truth filter.

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So everything is getting worse because of this slop.

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And it's slop built on slop built on slop.

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There's layers of slop, right?

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So, yeah.

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It is crazy.

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Two comments on AI slop.

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One related to boomers on Facebook.

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I find this hilarious irony.

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I remember when Facebook was first coming out,

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and my parents were telling me,

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like, oh, this is, you know.

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Of course, with every new unfamiliar technology, right,

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the older generation is like,

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I don't know about this.

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Like, it's going to rot your brain, whatever it is.

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uh you know but the boomers were super anti-facebook now they're the only ones left on

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facebook i've also noticed that the boomers they have no like their ability to distinguish what's

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ai slop is like zilch they are super bad at determining what is real and what is ai generated

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they just they don't have the defense mechanism they're used to seeing seeing things where it's

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like oh that oh that's a video of something so it must be real i can see the video it's jesus

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riding a unicorn over a rainbow to a pot of gold of course it's real where did this happen was this

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ireland this is amazing like wow you know no and even i like in comparison to my kids i'm bad at

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detecting ai slot like they detect it instantly they know exactly the difference between uh and

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like i feel like the boomer i'm but yeah you but but you you one you're not but then you know

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No, this is a borderline.

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Yeah.

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But you've got, I think you have a much, you have obviously a discernment about you that you're not, you're not lured into the same.

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Like you don't see Jesus riding a uniform and think, when did this happen?

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Wow.

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I can't believe I made it.

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Why isn't this on the news?

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No, no, no.

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But even, uh, uh, more realistic videos, like, uh, they can instantly tell if it's AR or not in a way that I can't.

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Like the more, the most realistic ones.

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And it can be anything.

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So that's interesting, I think, that the younger generation actually have a...

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Because I think they're fed with so much more content from an earlier age that they learn the difference.

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They have a more fine-tuned AI slop gaydar or whatever you call it.

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I like that.

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It's interesting because obviously we're still...

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The timeline of this is wild.

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If you think about when ChatGPT came out.

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and how quickly things have advanced in just a couple of years the proliferation is wild and

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even like grok now grok imagine it's gotten so good like i can you know either with grok or with

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sora generate a very realistic looking video of richard nixon you know at the in the oval office

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saying like i really fucked up here guys like we never should have left the gold standard like i've

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done it looks really good and the voice is right and even the crackle of the static of the tv is

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is per like it's incredible to see it's going to be wild to see where we go like what does it look

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like 10 years from now how good is that you know and a thing i noticed uh today even is like this

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backlash of uh actually started yesterday but the the um uh the backlash elon got uh or the backlash

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the eu got rather or both of them because the eu decided to fine elon for this and that uh a lot

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of accusations and you can have your opinions on whether the accusations were valid or not i think

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it's all invalid because i'm an anarcho-capitalist but anyway even if you so i'm gonna argue like for

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argument's sake that even if you're the if you subscribe to these things uh there may or may not

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have been an underlying agenda but the thing that happened on x which is the platform that got fined

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And it one which is also the number one downloaded app in every single country in the EU at the moment Not only in the EU by the way in Europe uh regardless of what they do and how much they fine musk uh or his company they are not in charge anymore it just and you can see like the instant

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backlash from you eu bureaucrat pundits that that uh uh posted europe flags uh and i'm proud and i'm

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a free person and blah blah blah this government mandated what do you what we call it like

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politicians sucking up to politicians sloth yeah and the funny thing is that they do it on x so

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they don't see the irony of of saying haha we sort of won uh uh the the only reason that they can

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say that is because it's actually a free speech platform.

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He does not censor, uh, opinion, negative opinions about himself.

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Like it's, it's just a testament to them being dinosaurs.

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Like, and I find that insanely fascinating.

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The irony is just baffling.

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It's been incredible to watch this saga lay out.

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This is one of the reasons why Carla, what we were initially going to

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released this Christmas video that she did in a week or so, or maybe two weeks, closer to Christmas.

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And then this happened. And we already had Keir Starmer and some EU bureaucrats featured in the

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video prior to all this going down. And then this went down and we were like, oh, wow, this is

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how serendipitous and perfect. We got to get this out now. So she crunched it out and it was very

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good but the the point being you're right about the irony and and they're they're not seeing it i

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mean perhaps they should use noster you know then they could at least be uh walking the walk but no

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except no one's there yeah we're all there and we were all there yes we're hanging the vibes are

229
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still good on those yeah yeah but that's but that's also why we don't use it because no one's

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wrong on noster then you want to point out when people are wrong well exactly yeah i'm a much

231
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nicer person on Noster than I am on X on, on X. I just can't help myself there. I mean,

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and it's my own fault, right. For engaging. I've seen recently just my feed gets my free

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page just gets flooded with just communist idiocy, like really just dumb commies. Uh,

234
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and I mean, as a communist, you're either dumb or evil. Like that's basically what it is.

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Cause if you actually understand what you're doing, then like you must be evil. And if you

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actually think communism is good, then you're just dumb. Same as true for shit corners, by the way.

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exactly exactly yeah well said and that's the thing i've seen so much of this and why because

238
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i engage with it and because i can't help but engage with it but it is the it's the global

239
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town square and it is a i mean it's an incredible tool yes it is centralized yes you know it's

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centrally controlled yeah elon owns the thing it's not an open protocol yes that being said

241
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no relatively speaking it is a really great option for the disseminate you know the relatively free

242
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dissemination of information. Again, the problem there though, is finding signal, right? Make it,

243
00:17:05,246 --> 00:17:09,566
you know, actually finding signal amidst the slop. That's the difficulty, but that's, that's the

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same. It's the same everywhere, right? It's the same on any platform. Like Noster, there's maybe

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less slop, but it's just because it's a much smaller cohort of people who are over there,

246
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generally more ideologically aligned, you know, because it's a small, a small in-group,

247
00:17:24,746 --> 00:17:30,466
but yeah it's this eu thing is just it's just fascinating when i saw people saying things like

248
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look the eu the you know european union has more of it's more free speech than the united states

249
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of america i'm like you can get thrown in jail for germany for calling someone a fuck yeah yeah

250
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like or like the guy in switzerland who was just uh you never had free speech like that's the irony

251
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that we never held it as like sure orwell was british but he had nothing to do with the state

252
00:17:55,366 --> 00:18:02,926
yeah like it's crazy to see this because i think that again they they tell on themselves a little

253
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bit this is the great thing about politicians having these accounts is they get to kind of

254
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they get to show for everyone just how ridiculous they are like it's not every time because it used

255
00:18:15,106 --> 00:18:19,986
to be, they could just go on one of the few news stations. They could give their one to many

256
00:18:19,986 --> 00:18:24,406
broadcast and there's no feedback loop. There's nothing, there's nothing coming back to them.

257
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There's nothing checking them on it. Now they can get ratioed in real time. Like I ratioed multiple

258
00:18:29,966 --> 00:18:35,466
EU bureaucrats just in the space of the last 24 hours. And it's like, that's amazing. That's me,

259
00:18:35,986 --> 00:18:40,686
a random American from, you know, the other side of the world who granted I have a, I have a European

260
00:18:40,686 --> 00:18:44,706
wife. Um, you know, she's, she's Romanian though. Right. Because they're like, this is the other

261
00:18:44,706 --> 00:18:49,786
thing and i i'd love your opinion on this do you think there's a european identity or do you think

262
00:18:49,786 --> 00:18:57,906
there's a national national identities within europe like i think both okay so i'd say in the

263
00:18:57,906 --> 00:19:07,546
us it's more uh there is definitely an american identity and less so a separate state entity i

264
00:19:07,546 --> 00:19:13,166
I mean, you're not very specifically Utahan because you're from Utah, right?

265
00:19:14,646 --> 00:19:19,446
Some are like, I still consider myself a Wisconsinite because that's where I'm from.

266
00:19:19,786 --> 00:19:22,126
Texans, I think, are some of the most proud about it.

267
00:19:22,126 --> 00:19:22,706
Yeah, absolutely.

268
00:19:23,026 --> 00:19:28,566
And I would know what a Texan is, but I would not know what a Wisconsinite is like.

269
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A lot of beer and cheese.

270
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A lot of beer and cheese.

271
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Yeah.

272
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We have a lot of Germans and Scandinavians.

273
00:19:36,066 --> 00:19:36,346
Yeah, yeah, yeah.

274
00:19:36,346 --> 00:19:36,906
That sounds good.

275
00:19:36,906 --> 00:19:38,506
Sounds like a place I'd like.

276
00:19:38,826 --> 00:19:39,946
You would, you would.

277
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Yeah, yeah.

278
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But it's your point stands though.

279
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It's a different level.

280
00:19:43,946 --> 00:19:44,226
Yes.

281
00:19:44,306 --> 00:19:52,406
And I think if it's like this in the US, it's like that in Europe, because I do think we feel like a common European identity.

282
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And I like that.

283
00:19:54,486 --> 00:20:00,106
But the national identities are stronger, of course, especially in these old colonial countries.

284
00:20:00,106 --> 00:20:04,686
So I think national identity in France, for instance, is never going to go away.

285
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they're proud of not speaking English there.

286
00:20:10,086 --> 00:20:13,906
So, so, so, um, and no, I shouldn't bash on France only,

287
00:20:14,006 --> 00:20:18,046
but I think natural identities are very strong in, in France, Germany,

288
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Italy, Spain, you name it.

289
00:20:21,186 --> 00:20:21,666
Yeah.

290
00:20:21,766 --> 00:20:23,026
Even in the Nordic countries.

291
00:20:23,226 --> 00:20:25,126
So certain extent, but not, not in the same way.

292
00:20:25,186 --> 00:20:28,066
I think Northern Europe is a bit different than Southern Europe.

293
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I think.

294
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But regardless that that's, that's kind of, uh, outside of any,

295
00:20:32,846 --> 00:20:36,146
like the EU doesn't create the European identity, right?

296
00:20:36,326 --> 00:20:37,546
It's absolutely not.

297
00:20:37,986 --> 00:20:47,086
That identity, I think, preceded the formation of an extra bureaucratic layer, right?

298
00:20:47,406 --> 00:20:47,586
Yeah.

299
00:20:48,446 --> 00:20:56,386
I mean, I feel, and I think many people hate the EU because they feel European.

300
00:20:56,986 --> 00:21:02,466
And they think the EU is destroying Europe, more or less.

301
00:21:02,466 --> 00:21:25,886
And oh, did you see that? The other thing on Twitter was that Reporters Without Borders poll about the most trustworthy. And I looked it up. It's super simple to find the data. 65% state funded. That organization that made that. And I bet you that's direct taxes.

302
00:21:25,886 --> 00:21:29,246
the other stuff is funded by

303
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people who benefit

304
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from state subsidies

305
00:21:32,666 --> 00:21:34,826
like why else

306
00:21:34,826 --> 00:21:36,646
would you support that organization

307
00:21:36,646 --> 00:21:39,066
if you know it's 65% state funded

308
00:21:39,066 --> 00:21:40,546
it's propaganda

309
00:21:40,546 --> 00:21:41,886
all of it

310
00:21:41,886 --> 00:21:43,666
it's like in North Korea

311
00:21:43,666 --> 00:21:45,806
they can very easily have

312
00:21:45,806 --> 00:21:48,426
show you data that shows you that North Korea

313
00:21:48,426 --> 00:21:50,506
is the freest, most happiest, most prosperous

314
00:21:50,506 --> 00:21:52,606
country on earth where people are definitely not starving

315
00:21:52,606 --> 00:21:54,586
and everybody loves their supreme

316
00:21:54,586 --> 00:22:00,386
leader so so so much there's a hundred percent approval like of course you can any state sponsored

317
00:22:00,386 --> 00:22:05,446
media is going to say that the state is great like that's their whole raison d'etre right you

318
00:22:05,446 --> 00:22:10,866
know to yeah the friend that's why they exist is to be mouthpieces of the state they are just an arm

319
00:22:10,866 --> 00:22:17,546
of it and if if if i learned anything from these two latest wars that have popped up ukraine russia

320
00:22:17,546 --> 00:22:23,746
and israel palestine it's the insight that you can't trust anything from any side

321
00:22:23,746 --> 00:22:30,606
like at all like how could you and if you want to actually figure something out about it it's

322
00:22:30,606 --> 00:22:36,786
super complex and you don't know at the end of the day you don't know which state man didn't get

323
00:22:36,786 --> 00:22:41,446
to bang the other state man's wife which is probably the true motive between all of these

324
00:22:41,446 --> 00:22:50,386
things like uh behind all of these things but somehow it's it's just it's senseless and a waste

325
00:22:50,386 --> 00:22:56,826
of resources on a fucking massive scale enabled by taxes and inflation at the end of the day that's

326
00:22:56,826 --> 00:23:02,086
why they happen that's why we have wars because we still fall for taxes and inflation and we think

327
00:23:02,086 --> 00:23:08,806
they're natural and the only way to do things and that's the lesson not learned from the world wars

328
00:23:08,806 --> 00:23:14,086
yeah a quick something that was in my head when you were talking about just

329
00:23:14,086 --> 00:23:20,586
european versus national identities and america a quote that my my father-in-law

330
00:23:20,586 --> 00:23:25,666
who's a very very brilliant guy and he was a communist defector right he came to america

331
00:23:25,666 --> 00:23:34,406
uh before before the fall of communism and he he loves america he's a he now says he sees a lot of

332
00:23:34,406 --> 00:23:39,186
the same hallmarks that he saw during communism that's a whole different story right yeah but he

333
00:23:39,186 --> 00:23:43,926
sees them everywhere not just in america but like in a lot of western europe as well eastern europe

334
00:23:43,926 --> 00:23:47,606
I think has more of an immune system built up because they, they just went through this not so

335
00:23:47,606 --> 00:23:50,806
long ago. They're kind of like, Oh no, no, no guys, we've seen this before. It's not good. It's not

336
00:23:50,806 --> 00:23:56,786
good. But he told me, he basically, he, he said this to me a few times and it's always stuck with

337
00:23:56,786 --> 00:24:03,346
me. He said, fucker, America is unique because if you move to France, we'll pick on the French again,

338
00:24:03,466 --> 00:24:08,326
but you know, you move to France, you marry a French woman, you become a French citizen, you,

339
00:24:08,426 --> 00:24:12,466
you pay French taxes, you assimilate. I mean, you're eating your baguettes and, and you know,

340
00:24:12,466 --> 00:24:16,966
And you are becoming as French as you can be.

341
00:24:17,206 --> 00:24:18,626
And maybe you have kids.

342
00:24:18,666 --> 00:24:20,066
You have kids born in France.

343
00:24:20,486 --> 00:24:21,246
You love France.

344
00:24:21,346 --> 00:24:23,366
You're living in France, paying taxes, married, all of that.

345
00:24:23,846 --> 00:24:24,926
You'll never be French.

346
00:24:25,546 --> 00:24:26,366
You go to Russia.

347
00:24:26,746 --> 00:24:27,326
You go to Russia.

348
00:24:27,806 --> 00:24:28,986
You marry a Russian woman.

349
00:24:29,106 --> 00:24:30,126
You have Russian babies.

350
00:24:30,246 --> 00:24:31,166
You drink Russian vodka.

351
00:24:31,286 --> 00:24:32,226
You pay Russian taxes.

352
00:24:32,346 --> 00:24:34,126
You assimilate into the Russian culture.

353
00:24:34,586 --> 00:24:35,106
It doesn't matter.

354
00:24:35,186 --> 00:24:36,066
You'll never be Russian.

355
00:24:36,066 --> 00:24:41,866
And this is the same for almost every country in the world, except the United States of

356
00:24:41,866 --> 00:24:42,186
America.

357
00:24:42,186 --> 00:24:53,046
He said to me, you come to America, you assimilate, you really like live by the American ideals and you pay your taxes and you, you know, you try to create value here.

358
00:24:53,506 --> 00:24:54,946
You become American.

359
00:24:55,266 --> 00:24:57,346
You're like, he's like, you know, I'm an American.

360
00:24:57,606 --> 00:24:58,846
I just wasn't born here.

361
00:24:58,986 --> 00:25:02,206
And I just thought that's, and it's true, right?

362
00:25:02,246 --> 00:25:07,686
That it's a beautiful, beautiful thing that you can truly become American.

363
00:25:07,926 --> 00:25:10,626
Like it's, it's, and it's, it is unique.

364
00:25:10,626 --> 00:25:16,746
and it's not a bad thing again that like the national identities uh in europe like i mean

365
00:25:16,746 --> 00:25:22,686
another extreme example but just more obvious from a skin color perspective is japan you can

366
00:25:22,686 --> 00:25:27,366
move to japan you can pay japanese marry a japanese woman have japanese kids all this you

367
00:25:27,366 --> 00:25:33,506
will never be japanese like that you can't you can't do it you'll always be a gaijin or whatever

368
00:25:33,506 --> 00:25:38,606
the the expression is and i i think that that's it's just always stuck with me because as an

369
00:25:38,606 --> 00:25:43,686
sometimes somebody was born in america you take these things for granted a little you take for

370
00:25:43,686 --> 00:25:50,086
granted that this is a special place that you can come to where you can become american yeah yeah

371
00:25:50,086 --> 00:25:53,966
just wanted to throw that out there because it's something that's always really stuck with me and

372
00:25:53,966 --> 00:26:00,806
and isn't a way i'd thought about it before no and it's it's a good insight and i i think uh the

373
00:26:00,806 --> 00:26:08,506
american dream uh is applicable to everyone in the world though and and it's achievable and from

374
00:26:08,506 --> 00:26:15,946
anywhere in the world uh if you if you dedicate your life to to to to actually living the dream

375
00:26:15,946 --> 00:26:22,246
it's just that most people don't realize that it's not only for americans and that they could

376
00:26:22,246 --> 00:26:27,686
like not give a fuck about what the state tells them and live life on their own terms you can be

377
00:26:27,686 --> 00:26:33,646
american wherever you are if if you have the american dream in your heart and i would say

378
00:26:33,646 --> 00:26:36,606
that I fit into that category now.

379
00:26:36,606 --> 00:26:40,366
Like it took me half a life to figure it out, but yeah,

380
00:26:40,606 --> 00:26:44,806
I'm not gonna, I'm not gonna sit back and let others decide

381
00:26:44,806 --> 00:26:46,446
what I can and cannot do.

382
00:26:46,806 --> 00:26:48,166
Like it's retarded.

383
00:26:48,526 --> 00:26:50,846
Why would I, uh, I want more.

384
00:26:50,846 --> 00:26:52,406
I have, I have one life.

385
00:26:53,246 --> 00:26:54,286
I'm not gonna wait.

386
00:26:54,646 --> 00:26:58,606
Like why it's not like I have anything, anything better to do than,

387
00:26:58,606 --> 00:27:00,446
than live life on my own terms.

388
00:27:01,046 --> 00:27:01,326
Yeah.

389
00:27:01,326 --> 00:27:05,686
so not it's so it's it's funny you said it because my father-in-law has also said that

390
00:27:05,686 --> 00:27:10,706
exact same thing and in talking you know with people from all over it's like there's americans

391
00:27:10,706 --> 00:27:15,266
that are or there's americans in russia there's americans in france yeah they're just maybe they've

392
00:27:15,266 --> 00:27:19,346
never even been to america but they have that idea in their hearts because that's you know the

393
00:27:19,346 --> 00:27:23,326
american idea is something that is very powerful and i think who was i talking to the other day

394
00:27:23,326 --> 00:27:30,006
about this i think it was nico uh from simply bitcoin yeah and and he he put forward basically

395
00:27:30,006 --> 00:27:32,706
that like at its fundamental level,

396
00:27:33,846 --> 00:27:38,406
Bitcoin allows anyone anywhere to actually realize the American dream in a

397
00:27:38,406 --> 00:27:39,106
meaningful way.

398
00:27:39,106 --> 00:27:51,951
Cause it something that more so than just theoretically feeling that you are able to have this this freedom it actually enables you to take that freedom And this is something that I I been trying to harp on a lot lately

399
00:27:51,951 --> 00:27:59,671
and remind people, because I think we often forget that governments are not there to give you rights.

400
00:27:59,671 --> 00:28:04,572
They're not there to give you freedoms. The government can, they can take them away.

401
00:28:05,012 --> 00:28:11,072
They can, they can codify, they can enshrine those rights in formal documents, legal documents,

402
00:28:11,072 --> 00:28:16,611
that those rights are protected by the law, but they do not give you any rights. Individuals take

403
00:28:16,611 --> 00:28:20,832
rights for themselves. We need to remember this. And when we take those rights together,

404
00:28:20,832 --> 00:28:25,312
we are more powerful, but people have this idea in their head. And I think it comes down to like,

405
00:28:25,471 --> 00:28:31,131
people don't understand money. They also don't understand the state. And I think that those two

406
00:28:31,131 --> 00:28:36,711
things are very much intertwined. And the reason that they, if they're so hard to, for people to

407
00:28:36,711 --> 00:28:40,471
actually wrap their minds around is because you don't, it's the water we swim in, right? It's the

408
00:28:40,471 --> 00:28:45,752
air we breathe. It's something that we become so accustomed to. Like, yes, the state just exists

409
00:28:45,752 --> 00:28:50,611
and always exists in varying degrees. And, and it's just, it is what it is. And we've got to pay

410
00:28:50,611 --> 00:28:53,731
our taxes and we've got to do this and this and that, and we've got to listen to whatever they say

411
00:28:53,731 --> 00:28:58,651
and money, money just is just there. And a print and stuff just gets more expensive forever because

412
00:28:58,651 --> 00:29:01,871
that's just the way things work. And I haven't really thought about it more than that. But the

413
00:29:01,871 --> 00:29:07,992
second you do and the second you actually, and I used to be that, that person, right? I, I think

414
00:29:07,992 --> 00:29:14,032
all of us, some people were extremely based before Bitcoin and Bitcoin just made them more based.

415
00:29:14,332 --> 00:29:18,131
I was not as based as I could be before Bitcoin. And I think that-

416
00:29:18,131 --> 00:29:18,371
Me neither.

417
00:29:19,072 --> 00:29:23,512
That journey sends you down, when you go down the rabbit hole and you start exploring,

418
00:29:24,092 --> 00:29:28,792
well, if money is a lie, as I know it, as I've been taught it, which I never really was taught

419
00:29:28,792 --> 00:29:33,871
it, because they don't want to teach it, right? But if money is a lie, money is this base layer

420
00:29:33,871 --> 00:29:39,471
of all the societal coordination what else is a lot and that's when you really start to go

421
00:29:39,471 --> 00:29:45,671
whoa okay well then what what the fuck is the purpose of the state at all and that's what you

422
00:29:45,671 --> 00:29:50,671
maybe you do a little reading of bastia and you're like yeah dear lord this guy's a genius how he

423
00:29:50,671 --> 00:29:55,211
lived how many years ago like wait he they've had this figured out since then yeah parallel

424
00:29:55,211 --> 00:30:01,812
he lived at the same time as marx which is so ironic i know because one is famous completely

425
00:30:01,812 --> 00:30:07,931
different concept. The idiot is famous and the clever guy is not. God. You should check out our

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the Bitbox O2 Nova with the Bitcoin firmware installed, is a fantastic hardware wallet and

434
00:30:57,792 --> 00:31:01,832
And the software that comes along with it has a fantastic user interface.

435
00:31:02,111 --> 00:31:03,951
It is one of my personal favorites.

436
00:31:04,231 --> 00:31:05,992
It's easy to use and it's super secure.

437
00:31:06,332 --> 00:31:08,592
It's my personal favorite hardware wallet.

438
00:31:08,992 --> 00:31:13,451
It's super slick, super privacy focused and super easy to use.

439
00:31:13,451 --> 00:31:21,792
So go to bitbox.swiss and use code infinity for a discount.

440
00:31:22,151 --> 00:31:22,772
Check it out now.

441
00:31:22,772 --> 00:31:43,971
And, no, when we're touching on this specific rabbit hole here, I would say that in line with all the other Austrian economics insights and praxeological insights, that rights in plural is actually wrong.

442
00:31:43,971 --> 00:31:51,052
There's only one human right that can be universal and timeless, and it's the right to be left alone.

443
00:31:51,052 --> 00:31:59,611
in other words the non-aggression principle there's every other right uh by necessitates a

444
00:31:59,611 --> 00:32:06,592
breaking or is necessitates the right word uh you can't have any other rights without violating the

445
00:32:06,592 --> 00:32:11,512
non-aggression principle and the right to be left alone if you have a right to housing for for

446
00:32:11,512 --> 00:32:18,792
instance someone has to build the house how can you build a house without consent you have to break

447
00:32:18,792 --> 00:32:30,731
So in that sense, laws are actually things that can and ought to be discovered rather than man-made.

448
00:32:31,931 --> 00:32:39,332
Because, yeah, what's the goal for humans interacting?

449
00:32:39,592 --> 00:32:41,772
Like, why do humans have conflicts?

450
00:32:42,092 --> 00:32:44,131
And should we resolve conflicts?

451
00:32:44,332 --> 00:32:46,231
Should we strive to resolve conflicts?

452
00:32:46,431 --> 00:32:47,572
Yeah, of course we should.

453
00:32:47,572 --> 00:32:54,492
like that's what everyone does even an animal attacking another animal does so because he wants

454
00:32:54,492 --> 00:32:59,371
to resolve the conflict by killing the other animal right and then when we apply that to

455
00:32:59,371 --> 00:33:04,752
humanity we quite quickly figure out that it's probably not a good idea if we just go around and

456
00:33:04,752 --> 00:33:09,752
kill each other and take each other's stuff that that's not what led us here that's not what

457
00:33:09,752 --> 00:33:17,151
invented the automobile like this is we can do things in another way that is more productive for

458
00:33:17,151 --> 00:33:24,512
all of us and better for all of us and so uh conflict resolution through non-aggressive means

459
00:33:24,512 --> 00:33:31,812
is better than aggressive means and from those principles alone you can derive you can quite

460
00:33:31,812 --> 00:33:37,651
quickly come to the conclusion that the state is bullshit and that when i say we can be all be

461
00:33:37,651 --> 00:33:43,871
americans i mean the american values that everyone strives for i i don't think we should all be

462
00:33:43,871 --> 00:33:46,691
governed by Donald Trump or Joe Biden or anyone else.

463
00:33:47,072 --> 00:33:48,812
Like, I think that's retarded.

464
00:33:49,171 --> 00:33:52,252
What we do want, though, is the right to be left alone.

465
00:33:52,252 --> 00:33:57,871
And America upheld that value the longest of existing countries.

466
00:33:58,052 --> 00:34:01,092
I mean, sure, there's the Free Cities Project, which is kind of interesting.

467
00:34:02,671 --> 00:34:07,891
Places like Prospera and Roatan in Honduras, for instance, where there's an actual private

468
00:34:07,891 --> 00:34:08,931
free city and stuff.

469
00:34:08,931 --> 00:34:14,451
you can claim that there are some other smaller places on earth where freedom is even

470
00:34:14,451 --> 00:34:22,592
more achievable than in the u.s but but yeah in principle uh that's what we should strive for and

471
00:34:22,592 --> 00:34:29,032
it takes guts and it takes like you actually reclaiming the driver's wheel of your life

472
00:34:29,032 --> 00:34:37,811
and responsibility is the flip side of the freedom coin you have to you have to be willing to face

473
00:34:37,811 --> 00:34:43,612
the consequences uh because some asshole might not like what you're doing and say that you belong

474
00:34:43,612 --> 00:34:50,251
in jail or that you should be fined or have a giant tax bill to pay but just be ready for it

475
00:34:50,251 --> 00:34:56,331
maybe all the above yeah yeah maybe all of the above another thing i like about america by the

476
00:34:56,331 --> 00:35:02,331
way when we're talking about it is uh a tradition that we don't really have over here that's

477
00:35:02,331 --> 00:35:13,072
thanksgiving because i i think humans ought to be more grateful for shit like we are i can i can

478
00:35:13,072 --> 00:35:19,151
have this video call with you i can travel to the us whenever i want it's fucking amazing i can fly

479
00:35:19,151 --> 00:35:25,451
in a steel tube up in the sky like there are so many things to be grateful for and people forget

480
00:35:25,451 --> 00:35:31,331
that all the time and focus on negatives instead and i think that leads to shitty shitty lives

481
00:35:31,331 --> 00:35:38,211
so i like thanksgiving i like it too it's funny with thanksgiving because even a lot of americans

482
00:35:38,211 --> 00:35:44,831
take take that holiday for granted and instead of using it as an opportunity to be thankful

483
00:35:44,831 --> 00:35:50,171
use it as an excuse to argue with their racist uncle jim you know or you know racist uncle jim

484
00:35:50,171 --> 00:35:53,992
you know and then not speak to their family until you know until christmas or whatever

485
00:35:53,992 --> 00:36:02,711
obviously not everybody does that but i do think that that that uh practice of being grateful

486
00:36:02,711 --> 00:36:08,032
and realizing as you said like what this is insane we're across the world from each other

487
00:36:08,032 --> 00:36:15,791
we've got we're somehow beaming this conversation in real time with with you know imperceptible delay

488
00:36:15,791 --> 00:36:22,112
in 4k resolution yeah across the world we're able to talk about these things we're able to then go

489
00:36:22,112 --> 00:36:27,032
and publish them on various platforms, some of which are controlled by centralized corporations.

490
00:36:27,032 --> 00:36:32,771
Others are open protocols that some anonymous developer in Latin America built, you know,

491
00:36:32,771 --> 00:36:37,912
as a, as a cool project, like all of these things, like we can fly around the earth in metal tubes.

492
00:36:38,731 --> 00:36:44,432
We've got, you know, this, this awful billionaire, Elon Musk built fucking a reusable rockets,

493
00:36:44,572 --> 00:36:48,811
like reusable rockets. And now another, another awful billionaire who makes sure that I can

494
00:36:48,811 --> 00:36:54,151
order a, you know, I can order a pack of Mason jars and have them delivered within four hours

495
00:36:54,151 --> 00:36:59,092
to my doorstep, Jeff Bezos. He also is building reusable rockets and we're doing all this

496
00:36:59,092 --> 00:37:05,171
incredible shit. And so much of it just gets taken for granted. And it's tough. I'm guilty

497
00:37:05,171 --> 00:37:09,432
of this too, but it's important to remind yourself sometimes just to slow down and be like, wow,

498
00:37:09,432 --> 00:37:15,711
this is what a, what an incredible time to be alive. What an amazing thing. I'm, I'm so grateful.

499
00:37:15,711 --> 00:37:20,892
the more i learn about bitcoin the longer that i've been in bitcoin and also i i have still to

500
00:37:20,892 --> 00:37:25,711
this day from the first time i heard about bitcoin till i started stacking has still been longer than

501
00:37:25,711 --> 00:37:30,131
i've been stacking so i've ignored bitcoin for longer than i've been stacking after another

502
00:37:30,131 --> 00:37:36,992
little over another year they'll finally equal out but i'm so grateful that i exist to see

503
00:37:36,992 --> 00:37:42,112
before bitcoin and after bitcoin yeah we're at a very unique time like my son

504
00:37:42,112 --> 00:37:49,451
you know about two years old now you will only know after bitcoin yeah which which is great too

505
00:37:49,451 --> 00:37:55,592
yeah but i'm just glad that i i was aware of bitcoin or you know i i existed before bitcoin

506
00:37:55,592 --> 00:38:01,612
i am now seeing bitcoin come to life and i mean that's just incredible it's another reason whenever

507
00:38:01,612 --> 00:38:06,852
people say oh i'm too late for it it's like you're too late there's people that haven't even been

508
00:38:06,852 --> 00:38:12,231
born yet how can you possibly be late to bitcoin yeah yeah think about the untold billions who are

509
00:38:12,231 --> 00:38:17,012
yet to be born think about the kids that are gonna be born in 2140 and that are gonna be saying wow

510
00:38:17,012 --> 00:38:21,711
well or you know they're born in 2139 well at least we were born before the block the block

511
00:38:21,711 --> 00:38:26,191
subsidy completely ran out you know and bitcoin security budget obviously collapsed and by the

512
00:38:26,191 --> 00:38:32,412
way you should use my shitcoin uh oh it's it's wild what a what an amazing thing that we get to

513
00:38:32,412 --> 00:38:38,072
get to see this happening jeff said this to me the other day he was like i'm just so happy that

514
00:38:38,072 --> 00:38:45,372
i get to bend reality with such amazing people and i was like wow that's that's me that's that's

515
00:38:45,372 --> 00:38:50,012
making me think but it's what we're doing like we're seeing everything change in real time in

516
00:38:50,012 --> 00:38:56,412
front of our eyes and are actively we're active participants in that bending of reality yeah how

517
00:38:56,412 --> 00:39:03,191
fucking cool is that no it's it's amazing he's he said that many times to me too and and i i frame

518
00:39:03,191 --> 00:39:11,612
it as uh um i have a front row seat to the future of humanity like i like that i just get i get to

519
00:39:11,612 --> 00:39:17,691
sit in the front row at the theme park and just enjoy the ride it's it's amazing and the the

520
00:39:17,691 --> 00:39:24,052
craziest thing and this is sort of a tldr on all the talks i do and whatnot in the books uh it is

521
00:39:24,052 --> 00:39:31,092
that when you really think about it so what is bitcoin and my shortest answer to that is that

522
00:39:31,092 --> 00:39:38,631
it's an agreement on a fixed set of rules and the the slightly longer answer is that the reason we

523
00:39:38,631 --> 00:39:45,171
agree on this set of rules rather than other sets of rules is that these are the only rules known to

524
00:39:45,171 --> 00:39:51,271
man that are more expensive to try to break than to follow meaning that we are all incentivized to

525
00:39:51,271 --> 00:39:56,171
help one another instead of aggress against one another. And also when you think about what a

526
00:39:56,171 --> 00:40:04,311
Bitcoin is, is it possible to possess a Bitcoin? Is it possible to own a Bitcoin? No, it's not

527
00:40:04,311 --> 00:40:09,392
because it's just information and it's information you keep from everyone else. So it's a secret.

528
00:40:10,012 --> 00:40:17,352
Every single, the Satoshis are on the time chain in the sense that you can see them there,

529
00:40:17,352 --> 00:40:39,771
But the ability to move them, which is the important aspect of them, are all in people's heads. Every single one of them is in someone's head. And the reason we can act as if we own them is A, because we think that no one else knows the same secret that we do.

530
00:40:39,771 --> 00:40:52,992
And B, we don't believe that the rules will change to such an extent that it will endanger the value of the token, mainly that the 21 million cap will not be broken.

531
00:40:52,992 --> 00:41:11,831
We can argue about nuances about that and other detrimental things too. But the reason that we act as if we own them is just that we believe in the system because we understand the system to the extent of being convinced that it works.

532
00:41:11,831 --> 00:41:20,211
either we understand praxeology or game theory or both or mathematics regardless of why you

533
00:41:20,211 --> 00:41:26,052
understand it you when you do there's no way back and all of a sudden you're in this

534
00:41:26,052 --> 00:41:52,317
the thing where you realize that uh everyone in this it it was all in our heads like all the time we had the ability the computers involved the ASICs the nodes everything It just a fancy abacus It just a we orangutans with a very fancy stick to put in the termite mound to get more termites per second

535
00:41:52,517 --> 00:41:53,897
Like that's what a computer is.

536
00:41:53,957 --> 00:41:55,437
It just saves us time.

537
00:41:55,437 --> 00:42:02,397
Like every tool and every technology is just there to save a human being time to reach their ends faster.

538
00:42:02,397 --> 00:42:06,597
and here we have this abstract system that's just beautiful that all of a sudden

539
00:42:06,597 --> 00:42:14,437
unlocks the ability to just be awesome to one another instead of aggress and it's it's so

540
00:42:14,437 --> 00:42:21,057
obvious that oh human beings are better off if we don't aggress against one another who would have

541
00:42:21,057 --> 00:42:29,977
known like boom and it's so obvious but it's fucking and what it has done to me and i know

542
00:42:29,977 --> 00:42:36,997
it has done this to you too is like inject you with this enormous uh newly found self-conscious

543
00:42:36,997 --> 00:42:49,157
self-confidence and and like just a ability to and willingness to just do things and not be ashamed

544
00:42:49,157 --> 00:42:53,497
of it and just embrace everything and embrace life in a way that we couldn't do before this

545
00:42:53,497 --> 00:42:59,557
and the thing is we had it within us all the time all along it was just impossible to tap into

546
00:42:59,557 --> 00:43:01,557
because we hadn't found the equation for it yet.

547
00:43:01,557 --> 00:43:04,677
So the cliche thing I say in all my talks is like,

548
00:43:04,677 --> 00:43:06,917
the Beatles were right, all you need is love,

549
00:43:06,917 --> 00:43:08,677
they just hadn't found the equation for it.

550
00:43:08,677 --> 00:43:13,397
I love that though.

551
00:43:13,397 --> 00:43:16,117
No, no, I absolutely love it.

552
00:43:16,117 --> 00:43:18,997
I think it's interesting.

553
00:43:20,597 --> 00:43:23,397
The deeper into this we get,

554
00:43:23,397 --> 00:43:25,237
and Bitcoin is still again,

555
00:43:25,237 --> 00:43:33,317
uh i heard about bitcoin for the first time in 2014 it was the silk road days i had a friend who

556
00:43:33,317 --> 00:43:40,757
was using the silk road for some things and he was a finance guy i was an engineering guy so for

557
00:43:40,757 --> 00:43:45,617
some reason he you know he came to me he was a quaker have you you know i'm getting things off of

558
00:43:45,617 --> 00:43:51,337
the this website called the silk road uh have you heard of these this bitcoin bitcoins something like

559
00:43:51,337 --> 00:43:56,577
that. I need to, I need to use them or I need to buy them so that I can pay for stuff on this

560
00:43:56,577 --> 00:43:59,937
website. It's the only way that you can, you can pay on this website. I'm like, dude, I don't know

561
00:43:59,937 --> 00:44:04,177
what you're talking about. I've never heard of this. Um, I like just, you know, whatever nerd,

562
00:44:04,457 --> 00:44:11,757
like you're on, on, on with my fiat stuff ignored. Uh, I've, I actually, I bumped into him at the

563
00:44:11,757 --> 00:44:16,337
Bitcoin conference in Vegas, uh, which was, which is very cool. Uh, you know, after, after some

564
00:44:16,337 --> 00:44:24,357
years, but I heard about it again, 2017, right at that blow off top. I didn't, I'd spent still

565
00:44:24,357 --> 00:44:29,057
exactly zero time looking into Bitcoin and thought, well, I can't afford a full Bitcoin at whatever it

566
00:44:29,057 --> 00:44:32,877
was, you know, $17,000. I'll just get one of a couple of these light coins. They're, they're

567
00:44:32,877 --> 00:44:37,277
cheaper. And you know, maybe they'll be worth as much as a Bitcoin is. I mean, still, I bought like

568
00:44:37,277 --> 00:44:40,997
the Pico top. It was like $500 a light coin. I think, I think light coin is still, I don't know

569
00:44:40,997 --> 00:44:45,657
what it is. I think it's a couple hundred less than that now to this day. Uh, so, you know,

570
00:44:45,857 --> 00:44:50,277
I have empathy for people who, you know, say, well, I can't afford a full Bitcoin. It's like,

571
00:44:50,297 --> 00:44:53,457
it's okay. You can buy a fraction called a Satoshi. I was once retarded too. I didn't look

572
00:44:53,457 --> 00:44:59,197
into this at all, but you know, my point being once I finally started going down that rabbit hole

573
00:44:59,197 --> 00:45:04,597
and started really looking into this, that, that journey of discovery and realizing that

574
00:45:04,597 --> 00:45:10,837
every, the way you've been told the world works or the way that you assume the world works,

575
00:45:10,837 --> 00:45:13,277
or must work, needs to work, has to work, whatever.

576
00:45:15,017 --> 00:45:16,897
It doesn't have to be that way.

577
00:45:17,577 --> 00:45:21,197
And just because we've never seen a system like this before,

578
00:45:21,617 --> 00:45:23,777
we've never seen anything like this before.

579
00:45:24,057 --> 00:45:26,577
We come up with all these analogies, right?

580
00:45:26,657 --> 00:45:29,777
It's digital gold or gold is analog Bitcoin or whatever.

581
00:45:30,317 --> 00:45:32,737
But, you know, all these different analogies for it,

582
00:45:32,737 --> 00:45:34,077
but they all fall flat, right?

583
00:45:34,197 --> 00:45:37,417
Because it's not just digital gold.

584
00:45:37,417 --> 00:46:01,077
That's a nice convenient way to package it to boomers, but it's not actually, that's not what it is. It's something so much more than that. And what it allows us to do, and I think what it will enable for us in the long run, is to, as you've said, have a way of interacting with each other that is purely, there's no incentive for violence anymore.

585
00:46:01,077 --> 00:46:07,397
you're disincentivized to use coercion and that's just something we've never ever ever seen if it

586
00:46:07,397 --> 00:46:13,557
was just purely digital gold with all the other properties of gold being the same then it wouldn't

587
00:46:13,557 --> 00:46:19,077
have that effect right no it's still like you would still be incentivized to coerce and even

588
00:46:19,077 --> 00:46:25,717
if it was something bigger here here's a thought like even if it was informational gold so it's

589
00:46:25,717 --> 00:46:31,897
still like this informational element or element zero as i like to call it uh but it had inflation

590
00:46:31,897 --> 00:46:37,437
just like gold does so it's if you look harder for it you'll find more of them then it wouldn't

591
00:46:37,437 --> 00:46:46,157
work then it would still incentivize violence because it would incentivize uh getting a a

592
00:46:46,157 --> 00:46:53,597
artificial monopoly on mining and then mining more than everyone else

593
00:46:53,597 --> 00:46:56,957
So it wouldn't work without the difficulty adjustment.

594
00:46:56,957 --> 00:47:02,957
And the funny thing about that is like, yeah, this is also from the clown world book.

595
00:47:03,257 --> 00:47:12,857
I ask, or we ask, me and Luke ask, uh, uh, if human beings practice doing things, do they usually get better or worse at doing those things?

596
00:47:13,577 --> 00:47:14,837
And the answer is obvious.

597
00:47:14,837 --> 00:47:15,317
It's yes.

598
00:47:15,697 --> 00:47:21,737
But the follow up question everyone forgets to ask themselves is so why aren't all prices falling forever?

599
00:47:21,737 --> 00:47:30,417
and the in real bitcoin is the only thing that gives you the ability to see that they actually do

600
00:47:30,417 --> 00:47:36,777
and that that is true if you look at the world from a bitcoiner lens you see that happening

601
00:47:36,777 --> 00:47:44,557
and it's it rewrites everything everything you uh thought was true about human society

602
00:47:44,557 --> 00:47:55,657
is backwards uh it's it's it's based on ginormous lies and a giant funnel and life-sucking

603
00:47:55,657 --> 00:48:03,497
vampiric machine just funneling wealth from the masses to the one percent uh at all times

604
00:48:03,497 --> 00:48:11,217
and idiots think we can fix it with more politics yeah yeah maybe if we just vote harder you know

605
00:48:11,217 --> 00:48:15,237
the, the, like, oh my God.

606
00:48:15,417 --> 00:48:23,097
Like, that's the thing that people can't conceptualize that we all want to believe that our actions

607
00:48:23,097 --> 00:48:28,937
matter and they do, but certain actions do not have the effect that you think they do.

608
00:48:28,937 --> 00:48:36,257
Like for instance, you voting is just voting for who's going to, you know, give you more

609
00:48:36,257 --> 00:48:42,117
favors and manipulate the money printer more and manipulate the legal system more. It's not,

610
00:48:42,217 --> 00:48:46,997
it's not a vote for actual meaningful changes. Just, it's still just a vote for the status quo.

611
00:48:47,197 --> 00:48:53,337
Now, I think there are some, obviously some, there are some votes where this, uh, there is

612
00:48:53,337 --> 00:48:57,777
a difference. Like El Salvador is an example of where that was actually, that was a change

613
00:48:57,777 --> 00:49:04,237
in the status quo, a very, very distinct change in the status quo. So that's, but when we talk

614
00:49:04,237 --> 00:49:09,677
about the average you know election it's like yeah in the u.s do i think that kamala harris would

615
00:49:09,677 --> 00:49:15,417
have been far far worse than donald trump absolutely but ultimately like you know to

616
00:49:15,417 --> 00:49:19,277
use a linaldin meme like nothing stops this train right the government needs to continue spending the

617
00:49:19,277 --> 00:49:25,937
amount of expenditures that it must continue to have are so great that no actual meaningful

618
00:49:25,937 --> 00:49:32,197
decrease in spending can be can be had it's just not going to happen and so you know and elon

619
00:49:32,197 --> 00:49:37,197
realized this very quickly with doge and you got to love him for going in there bright-eyed and

620
00:49:37,197 --> 00:49:41,517
bushy-tailed and thinking i'm just gonna i'm just gonna run this like a business and i'll just cut

621
00:49:41,517 --> 00:49:46,977
the waste i'll trim the fat i'll get rid of all the the excess spending and it'll be great and then

622
00:49:46,977 --> 00:49:52,777
you know it's like the uh the meme uh from like the incredibles you know with mr incredible where

623
00:49:52,777 --> 00:49:56,737
he's like smiling then the next one's like the black like like that's basically what he had

624
00:49:56,737 --> 00:50:03,877
where it's like oh shit there's there's no there's no fixing this thing that it's it's and this is why

625
00:50:03,877 --> 00:50:09,217
these parallel systems that we build and that we engage in and that we put more of our time and

626
00:50:09,217 --> 00:50:15,017
energy and monetary value into are so important because i don't think that the systems that we

627
00:50:15,017 --> 00:50:21,237
have the fiat based systems that we have are fixable neither from like they're not fixable

628
00:50:21,237 --> 00:50:26,937
from the inside out the only way for them to change is by external parallel systems being a

629
00:50:26,937 --> 00:50:32,657
forcing function upon them to either suck them of their you know bleed them dry of their energy

630
00:50:32,657 --> 00:50:40,597
or to maybe uh to get have those fiat systems eventually get subsumed by the growing parallel

631
00:50:40,597 --> 00:50:45,617
system but i just don't think the fiat systems that are in place fix themselves from the inside

632
00:50:45,617 --> 00:50:52,497
out i just i don't think it's possible you know no i totally agree i the lifeboats on the titanic

633
00:50:52,497 --> 00:51:01,937
analogy is is 100 literally true like because what does it mean that the fiat systems are unfixable

634
00:51:01,937 --> 00:51:08,497
it means that they are leading to disaster like real disaster the real titanic level disaster

635
00:51:08,497 --> 00:51:14,797
There is no saving them, and therefore they are going to lead to civil war.

636
00:51:14,797 --> 00:51:17,797
At some point, there will be a civil war because of them.

637
00:51:17,797 --> 00:51:21,437
Or even worse, there won't be a civil war, which means we're all enslaved.

638
00:51:23,577 --> 00:51:30,177
And that is the which way Western man thing comes to mind, and it's absolutely true.

639
00:51:30,957 --> 00:51:37,537
One system leads to more and more involuntary things, and the other leads to more and more voluntary things.

640
00:51:37,537 --> 00:51:46,517
it's super the choice is it's not a choice at all sadly most people most people don't want to

641
00:51:46,517 --> 00:51:52,597
make a choice i think and i don't mean to over generalize like uh but sometimes it's it's useful

642
00:51:52,597 --> 00:51:58,297
and there there's a quote i'm forgetting forgetting who it was may have been one of the stoic but it's

643
00:51:58,297 --> 00:52:03,817
very maybe it was seneca very few people are born slaves the majority enslave themselves

644
00:52:03,817 --> 00:52:12,617
and I think that it's it's very poignant because most people don't want to take responsibility

645
00:52:12,617 --> 00:52:17,837
because that's scary this goes back to your your earlier point of like because when you take

646
00:52:17,837 --> 00:52:21,957
responsibility you have to deal with the consequences they're yours there's no you know

647
00:52:21,957 --> 00:52:26,917
there's there's no bailout right there's nobody to come in and save you in a very real sense with

648
00:52:26,917 --> 00:52:31,697
in bitcoins like you lose your private key like you lose that that seed phrase you have no back

649
00:52:31,697 --> 00:52:36,177
of that, like it's gone. There's no customer support. There's no government that's going to

650
00:52:36,177 --> 00:52:41,137
come in. You know, well, now you can at least like get an insurance policy on it. So like you can do

651
00:52:41,137 --> 00:52:45,157
that. But again, that's something that you have to do yourself as well. Right. All of these things

652
00:52:45,157 --> 00:52:53,817
have to be done. And so it's, it's, it's scary for people because that requires again, a complete

653
00:52:53,817 --> 00:53:00,177
reframing of how you interact with the world to say, I do have agency. I'm not just some passive

654
00:53:00,177 --> 00:53:05,657
observer in my own life. I have to be the one at the driver's seat. I have to be the one steering

655
00:53:05,657 --> 00:53:12,157
this vehicle of my existence. But when you do that, then that means also if you accept that,

656
00:53:12,157 --> 00:53:16,197
if you accept that you have agencies, if you accept that through your human action,

657
00:53:16,457 --> 00:53:19,937
you can make changes in your life that are meaningful, that are beneficial,

658
00:53:20,577 --> 00:53:23,677
that will change the course of your existence and your families.

659
00:53:24,537 --> 00:53:27,857
That means accepting that up until that point, you also had agents.

660
00:53:27,857 --> 00:53:31,657
that at any point you could have made those changes and you did not.

661
00:53:32,257 --> 00:53:37,137
And it's a lot easier to just, again, like inertia, right?

662
00:53:37,377 --> 00:53:38,517
Maintain the status quo.

663
00:53:38,917 --> 00:53:39,917
Don't rock the boat.

664
00:53:39,997 --> 00:53:46,097
Whatever you want to say, it's easier to do that than it is to completely have a kind of

665
00:53:46,097 --> 00:53:52,757
an ego death and rebirth to have a Phoenix rise from the ashes and say, wow, okay, I am

666
00:53:52,757 --> 00:53:53,617
in control here.

667
00:53:53,617 --> 00:54:00,857
but me being in control means that I am also responsible if and when I fail and I surely

668
00:54:00,857 --> 00:54:06,217
will at certain things I surely will but then how will I you know how will I get back up

669
00:54:06,217 --> 00:54:11,877
but that's hard like we know this this is why most people would rather just that most people

670
00:54:11,877 --> 00:54:16,757
don't want to leave the matrix right it's cozy the the beef tastes just like real beef I know

671
00:54:16,757 --> 00:54:22,017
it's not real but it still tastes good you know it's it's wild most people are cypher

672
00:54:22,017 --> 00:54:29,277
yeah yeah it reminds me of the first time i was ever promoted to skipper on one of the

673
00:54:29,277 --> 00:54:36,597
the yachts i was sailing or like big ones with a lot of people on board and once i was promoted

674
00:54:36,597 --> 00:54:42,277
to skipper people came and asked me all these questions that like when are we when are we going

675
00:54:42,277 --> 00:54:50,957
to eat for instance and i'm like uh can't you ask someone who knows and like oh i'm supposed to

676
00:54:50,957 --> 00:54:57,537
decide something and like it's uh uh and you're supposed to decide all sorts of things that you

677
00:54:57,537 --> 00:55:05,057
never realize that anyone decided for you before you and it's the same with uh breaking out of

678
00:55:05,057 --> 00:55:11,157
the government spell it's it's it feels the same um because you're reclaiming something that you

679
00:55:11,157 --> 00:55:13,437
ought to always have had

680
00:55:13,437 --> 00:55:33,257
I think the other difficulties, it's, it's a lot of work to do that. Like it's a lot of, even just something as basic as, you know, uh, like your digital footprint and trying to be a good steward of that, trying not to, you know, uh, make your information easily accessible.

681
00:55:33,303 --> 00:55:34,883
to a bunch of hackers out there, right?

682
00:55:34,883 --> 00:55:36,643
Just trying to have like general good,

683
00:55:36,683 --> 00:55:38,583
like digital operational security practices.

684
00:55:38,583 --> 00:55:40,083
Like that's really hard.

685
00:55:40,143 --> 00:55:40,943
It's a lot of work.

686
00:55:41,383 --> 00:55:43,803
There's a reason that most people use the same email

687
00:55:43,803 --> 00:55:46,883
and the same password and the same for everything, right?

688
00:55:46,923 --> 00:55:49,683
And there's a reason that there's any single hack

689
00:55:49,683 --> 00:55:51,703
is a cascading effect for most individuals.

690
00:55:51,963 --> 00:55:52,363
Yeah.

691
00:55:52,563 --> 00:55:54,883
Because it's like, oh, I shouldn't have used,

692
00:55:54,923 --> 00:55:57,663
you know, dog's name 123 as my password

693
00:55:57,663 --> 00:56:00,203
with like the same email for literally every single,

694
00:56:00,303 --> 00:56:02,343
for my bank and for, you know, my Facebook

695
00:56:02,343 --> 00:56:03,683
and for everything else.

696
00:56:03,883 --> 00:56:06,883
Do you know that's how they hacked Hillary Clinton?

697
00:56:07,643 --> 00:56:08,683
Is it really?

698
00:56:08,923 --> 00:56:09,183
Yeah.

699
00:56:09,483 --> 00:56:10,123
No way.

700
00:56:10,523 --> 00:56:12,283
What's the name of my first dog?

701
00:56:12,843 --> 00:56:16,023
And Wikipedia, Hillary Clinton's first dog.

702
00:56:16,263 --> 00:56:17,003
Oh my God.

703
00:56:17,003 --> 00:56:17,803
And that's how they hacked her.

704
00:56:19,483 --> 00:56:21,423
That's wild.

705
00:56:21,663 --> 00:56:22,123
I did that.

706
00:56:22,223 --> 00:56:23,263
I did not know that.

707
00:56:23,283 --> 00:56:24,263
Hillary is short for hilarious.

708
00:56:25,063 --> 00:56:26,063
Oh my God.

709
00:56:26,703 --> 00:56:31,363
She is a, boy, just a creature of the swamp, huh?

710
00:56:31,363 --> 00:56:37,663
And imagine that that woman was this close to having nuclear launch codes.

711
00:56:41,143 --> 00:56:42,183
It's hilarious.

712
00:56:42,903 --> 00:56:44,503
What's the launch code again?

713
00:56:44,963 --> 00:56:45,863
One, two, three, four.

714
00:56:48,703 --> 00:56:49,863
Oh, geez.

715
00:56:52,823 --> 00:56:54,703
It's crazy, but wow.

716
00:56:54,863 --> 00:56:58,383
Okay, I'm going to need to go back and look at that hack again.

717
00:56:58,383 --> 00:57:01,783
because there's so many things about that too.

718
00:57:01,983 --> 00:57:05,043
Yeah, that's a whole other rabbit hole right there.

719
00:57:05,403 --> 00:57:05,843
Say that.

720
00:57:06,223 --> 00:57:08,983
If you want to find local Bitcoin communities,

721
00:57:09,243 --> 00:57:11,103
other Bitcoiners, Bitcoin merchants,

722
00:57:11,283 --> 00:57:12,863
and Bitcoin events in your area,

723
00:57:13,123 --> 00:57:14,483
there's no better way to do that

724
00:57:14,483 --> 00:57:16,183
than through the Orange Pill app.

725
00:57:16,743 --> 00:57:17,203
Wait a minute.

726
00:57:17,503 --> 00:57:18,883
It's not the Orange Pill app anymore.

727
00:57:19,043 --> 00:57:20,243
It's Club Orange.

728
00:57:20,603 --> 00:57:22,443
Club Orange is an omni app

729
00:57:22,443 --> 00:57:23,983
that includes a lot of features,

730
00:57:24,103 --> 00:57:26,263
including a list of events,

731
00:57:26,263 --> 00:57:32,623
a wallet where you can send and receive sats over the lightning network you can even geosap areas

732
00:57:32,623 --> 00:57:37,943
so you can send sats to a whole bunch of people in one single area you can also tap sap while

733
00:57:37,943 --> 00:57:43,083
you're chatting to someone which is a new feature that i don't believe exists anywhere else overall

734
00:57:43,083 --> 00:57:48,923
a fantastic app for connecting bitcoiners all around the world so go to club orange.org and

735
00:57:48,923 --> 00:57:54,903
sign up today you won't regret it it's not just a gay dating app it's everything else too it you

736
00:57:54,903 --> 00:58:02,723
can use it forget about that go and sign up club orange.org if you want to really secure your

737
00:58:02,723 --> 00:58:08,083
bitcoin you should check out the bitcoin advisor they have never lost a single set and they take

738
00:58:08,083 --> 00:58:13,343
care of your stack together with you they can't use your stack that's impossible but they can help

739
00:58:13,343 --> 00:58:17,703
you with inheritance planning they can help you huddle the bitcoin long term so go to the bitcoin

740
00:58:17,703 --> 00:58:24,543
advisor.com to find out more and brush your teeth yeah it's it's funny though i think how how

741
00:58:24,543 --> 00:58:34,423
obvious buffoons end up on top like sure you can you can say that trump is a good negotiator

742
00:58:34,423 --> 00:58:40,603
and and this and that and no one else would have been able to negotiate with certain people

743
00:58:40,603 --> 00:58:48,563
but he is he's a buffoon like and all of them are like since since at least bush

744
00:58:48,563 --> 00:58:51,203
they're all

745
00:58:51,203 --> 00:58:52,343
G.W. Bush

746
00:58:52,343 --> 00:58:54,183
no St. Clinton

747
00:58:54,183 --> 00:58:55,223
yeah

748
00:58:55,223 --> 00:58:59,023
I don't know too much about Bush

749
00:58:59,023 --> 00:58:59,423
Sr.

750
00:59:01,423 --> 00:59:03,483
before I started paying attention

751
00:59:03,483 --> 00:59:05,463
I guess I like Reagan a lot

752
00:59:05,463 --> 00:59:06,603
though like in hindsight

753
00:59:06,603 --> 00:59:08,943
but if we

754
00:59:08,943 --> 00:59:10,943
just look at American presidents

755
00:59:10,943 --> 00:59:13,243
and when George W. Bush was doing

756
00:59:13,243 --> 00:59:14,883
his thing and being

757
00:59:14,883 --> 00:59:16,403
ATI Cube Lab

758
00:59:16,403 --> 00:59:22,083
people thought like what the fuck is this guy especially from europe with european eyes is like

759
00:59:22,083 --> 00:59:28,323
this guy is a moron like he's he's like is he retarded like what's going on over there

760
00:59:28,323 --> 00:59:34,403
and then there's just the next the next guy is just worse and then there's biden and kamala which

761
00:59:34,403 --> 00:59:40,643
are just like what the fuck is going on here and the and trump is the other like like it's it's such

762
00:59:40,643 --> 00:59:42,263
it's

763
00:59:42,263 --> 00:59:44,503
yeah I don't know

764
00:59:44,503 --> 00:59:46,743
I don't even know where to start like it's

765
00:59:46,743 --> 00:59:47,203
so

766
00:59:47,203 --> 00:59:50,823
yeah and then

767
00:59:50,823 --> 00:59:52,483
you get a well-spoken guy Obama

768
00:59:52,483 --> 00:59:54,703
and he's the worst one in his

769
00:59:54,703 --> 00:59:56,783
in like ages because he

770
00:59:56,783 --> 00:59:58,703
bombs people like fucking mad

771
00:59:58,703 --> 01:00:00,903
and no one notices. They gave him a Nobel Peace Prize

772
01:00:00,903 --> 01:00:02,943
for just bombing the

773
01:00:02,943 --> 01:00:04,363
ever-loving shit out of

774
01:00:04,363 --> 01:00:06,803
brown people. No they gave him the Peace Prize before he got the

775
01:00:06,803 --> 01:00:08,903
presidency. Yeah yeah I mean

776
01:00:08,903 --> 01:00:16,643
just so he basically got it for being black there i said that this this is such a an important point

777
01:00:16,643 --> 01:00:20,703
because people think oh well he was such a great or you know he was such a good speaker and he made

778
01:00:20,703 --> 01:00:27,703
he was he was so nice and he and he was like obama was an incredible politician and i mean that as an

779
01:00:27,703 --> 01:00:33,103
insult not as a compliment exactly i mean that exactly he was psychopath i'm i mean the the

780
01:00:33,103 --> 01:00:36,743
the definition of just talking out of both sides of your mouth right like where yeah he's you know

781
01:00:36,743 --> 01:00:45,123
He's saying all these nice things and he says them in a certain way with a cadence that makes you know that he's got your best interest at heart.

782
01:00:45,203 --> 01:00:47,863
And then meanwhile, he's like, bomb, bomb, drone strike, drone strike, drone strike.

783
01:00:48,083 --> 01:00:50,483
Like, I mean, just insanity.

784
01:00:51,283 --> 01:00:58,443
But honestly, it's wild how many people are still like, oh, I wish we could just go back to the Obama.

785
01:00:58,763 --> 01:01:00,543
That's when things were, everything was nice.

786
01:01:00,543 --> 01:01:07,503
And if you also look like, when did the kind of racial tensions in the U.S. really start to get polarizing again?

787
01:01:07,623 --> 01:01:09,303
It was during Obama, which is weird.

788
01:01:10,103 --> 01:01:11,403
Yeah, it should have been the other way around.

789
01:01:11,863 --> 01:01:13,163
Yeah, and it's-

790
01:01:13,163 --> 01:01:13,783
According to theory.

791
01:01:13,783 --> 01:01:17,543
Maybe it has something to do with, yeah, it was just insane to me.

792
01:01:17,803 --> 01:01:23,043
But that's the thing, we do live in this crazy clown world.

793
01:01:23,043 --> 01:01:29,843
you know uh you've literally written a book about this and when i don't even know if orwellian

794
01:01:29,843 --> 01:01:36,103
describes it you know but it's something it's i mean i guess it's just clown world right yeah yeah

795
01:01:36,103 --> 01:01:41,703
it's and everything is so absurd everything is so absurd and you're told to just or you're meant

796
01:01:41,703 --> 01:01:46,203
to just kind of take it as it is and like yeah that's just that's it's just everything's just

797
01:01:46,203 --> 01:01:50,583
fucking crazy and stupid and just yeah yeah that's just the way it is and it's like no it doesn't

798
01:01:50,583 --> 01:01:57,743
have to be like that it shouldn't be like that trump the phenomenon is absurd like it's absurd

799
01:01:57,743 --> 01:02:06,683
that that's the only guy that manages to stir the stir the pot like that that they and i mean uh

800
01:02:06,683 --> 01:02:12,503
the things he's said over the years i mean don't get me wrong i love that he irritates the left as

801
01:02:12,503 --> 01:02:18,703
much as he does but i don't think like never a tribute to 5d chess what can be explained by

802
01:02:18,703 --> 01:02:23,043
retardation because some of it is just like it's pulling stuff out of his ass.

803
01:02:23,043 --> 01:02:26,583
It doesn't give a shit and it's the doesn't give a shit part that is good for

804
01:02:26,583 --> 01:02:31,703
humanity, but if you look at it objectively, it's just a fucking shit show.

805
01:02:31,703 --> 01:02:32,523
All of it, isn't it?

806
01:02:32,823 --> 01:02:38,063
And you had the choice between the actual commie and a crony capitalist

807
01:02:38,083 --> 01:02:44,983
meme coiner, like who doesn't give a shit about anything but making money.

808
01:02:44,983 --> 01:02:47,183
I mean, that's who he is like at heart.

809
01:02:47,183 --> 01:02:55,783
And he's obviously not a good guy, but it's like, yeah, I prefer pneumonia to bone cancer, so I'm going to vote for him.

810
01:02:56,043 --> 01:02:58,143
Because that's the comparison.

811
01:02:58,303 --> 01:02:59,923
They're all on the bad scale.

812
01:03:00,623 --> 01:03:13,503
What I would say about Trump is that I think that he's actually been, it's been very good to have Trump as president because it completely pierces the veil of like the Obama type of politician.

813
01:03:13,503 --> 01:03:15,763
He's the antithesis of that.

814
01:03:15,763 --> 01:03:21,923
he's he's coarse he's he's crass he you know i mean he literally you know call like calls you

815
01:03:21,923 --> 01:03:28,563
know tim waltz retarded like you know he's like there's no there's no filter there there's no

816
01:03:28,563 --> 01:03:33,223
political veneer i love that's a good thing because it take it takes the mask off but then

817
01:03:33,223 --> 01:03:38,003
you also see i mean you know in this first term it was all about drain the swamp right drain the

818
01:03:38,003 --> 01:03:43,143
swamp it's like well the swamp's still there the swamp's gotten worse it has not drained it has

819
01:03:43,143 --> 01:03:50,123
it's not trained there's additional swampiness in there now um i mean he's like i will say he is

820
01:03:50,123 --> 01:03:56,643
i think he's a hilarious stand-up comic the dude has incredible comedic timing it's like it's insane

821
01:03:56,643 --> 01:04:03,603
absolutely his un speech was hilarious but my point is not that like someone can be a good

822
01:04:03,603 --> 01:04:09,943
entertainer and like as you say that the swamp is still not fucking drain and what's exhausting to

823
01:04:09,943 --> 01:04:12,283
me is seeing Bitcoin or simp for the guy.

824
01:04:12,463 --> 01:04:13,843
Like, why?

825
01:04:14,183 --> 01:04:16,843
Like, so let me ask you an honest question.

826
01:04:17,003 --> 01:04:22,543
What would you prefer, uh, uh, uh, uh, a pro Bitcoin, uh, politician or an

827
01:04:22,543 --> 01:04:23,563
anti-Bitcoin one?

828
01:04:24,243 --> 01:04:31,243
And I think this is a bit of a trick question because, uh, so let me lay it

829
01:04:31,243 --> 01:04:35,883
out for you, like, uh, on, on the face of it, it's, it's awesome to have a pro

830
01:04:35,883 --> 01:04:39,723
Bitcoin president, but when you have a pro Bitcoin president that

831
01:04:39,723 --> 01:04:46,663
shills meme coins and says the crypto industry and stuff like that and has his son go to Abu

832
01:04:46,663 --> 01:04:58,403
Dhabi to have oil shakes by paper Bitcoin. Is that really a good thing? If you have an

833
01:04:58,403 --> 01:05:03,883
anti-Bitcoin president, on the other hand, people are forced to run their own nodes on

834
01:05:03,883 --> 01:05:09,523
their own terms and actually do their fucking homework and do shit for real. So what's better?

835
01:05:09,723 --> 01:05:10,883
I don't know.

836
01:05:11,763 --> 01:05:13,783
It's a fair question.

837
01:05:13,983 --> 01:05:22,023
I've often said I would rather have a government full of Senator Lemmises than Senator Warren's.

838
01:05:22,323 --> 01:05:27,203
Like Cynthia Lemmise has been a vocal proponent of Bitcoin.

839
01:05:27,483 --> 01:05:28,983
She hasn't launched her own meme coin.

840
01:05:29,143 --> 01:05:30,283
She hasn't done any shit like that.

841
01:05:30,403 --> 01:05:32,323
You know, she's been rock solid.

842
01:05:32,563 --> 01:05:33,243
Neither has Bukele.

843
01:05:33,903 --> 01:05:34,443
Correct.

844
01:05:34,803 --> 01:05:35,163
Correct.

845
01:05:35,863 --> 01:05:36,463
And that's the thing.

846
01:05:36,463 --> 01:05:54,843
And then contrasting that with, uh, with Elizabeth Warren, somebody like that, who would, is very happy to say that, you know, anyone, uh, she, she would love to lock up even more software developers for writing open source code, you know, because they're money launderers and helping the terrorists.

847
01:05:54,843 --> 01:06:02,783
So I think that I'll, I'll take the bad with the good. Does that make sense? Even with regard to

848
01:06:02,783 --> 01:06:10,423
Trump, because I think that I would still rather have people in power who are not openly antagonistic

849
01:06:10,423 --> 01:06:15,683
to Bitcoin. I would still rather have that. Now, granted, would I rather that Trump wasn't a

850
01:06:15,683 --> 01:06:20,543
massive shit coin or two? Yeah. Like, yeah, I would, I would like it if the president of the

851
01:06:20,543 --> 01:06:25,203
United States and his wife hadn't launched shit coins right, right before, you know,

852
01:06:25,223 --> 01:06:38,836
right after the election and right right before you know getting into office But also I wasn surprised at this and anyone who was surprised or trying to be like well you know we all knew this was coming because he had already launched multiple NFTs

853
01:06:38,996 --> 01:06:40,816
He'd already launched multiple NFTs guys.

854
01:06:40,816 --> 01:06:43,256
This was on, on, on Ethereum.

855
01:06:43,256 --> 01:06:45,736
And I think on Solana, maybe he did on ordinals too.

856
01:06:45,836 --> 01:06:46,156
I don't know.

857
01:06:46,336 --> 01:06:48,896
But like this, this was par for the course.

858
01:06:49,076 --> 01:06:51,556
Like, of course he was going to, was going to shit coin.

859
01:06:51,716 --> 01:06:52,876
Like this was natural.

860
01:06:52,876 --> 01:06:56,576
I'm just surprised Baron Trump hasn't launched, you know, his own shit coin yet.

861
01:06:56,576 --> 01:06:59,396
Um, but maybe Baron's actually the toxic maxi of the family.

862
01:06:59,396 --> 01:06:59,636
Yeah.

863
01:06:59,676 --> 01:07:00,876
Maybe he's the heart.

864
01:07:00,936 --> 01:07:02,676
Like he's, he's like, guys, what are you doing here?

865
01:07:02,816 --> 01:07:03,016
Yeah.

866
01:07:03,116 --> 01:07:03,216
Yeah.

867
01:07:03,216 --> 01:07:05,076
And I love his demeanor.

868
01:07:05,456 --> 01:07:06,716
Like his, uh, a Harkonnen.

869
01:07:07,896 --> 01:07:08,236
Yes.

870
01:07:08,656 --> 01:07:08,996
Yes.

871
01:07:09,196 --> 01:07:09,336
Yeah.

872
01:07:09,796 --> 01:07:10,116
Exactly.

873
01:07:11,956 --> 01:07:17,756
But no, I think again, I, I, what I will agree with you on 100% is, is the simping side of

874
01:07:17,756 --> 01:07:18,076
things.

875
01:07:18,296 --> 01:07:18,696
Yeah.

876
01:07:19,336 --> 01:07:22,516
If, if you, and again, do whatever you want people, right?

877
01:07:22,516 --> 01:07:28,596
But I'm going to do whatever I want, which is call you out for when you are ideologically inconsistent.

878
01:07:29,156 --> 01:07:35,396
The people who are basically, they're saying, well, don't criticize Trump for anything, right?

879
01:07:36,176 --> 01:07:42,236
It's Bitcoiners who are also super Trumpers, which is, again, fine.

880
01:07:43,616 --> 01:07:45,136
I've got no problem with Trump.

881
01:07:45,216 --> 01:07:49,516
When he does something good, like freeing Ross, pardoning Ross, full presidential pardon, I think that's amazing.

882
01:07:49,636 --> 01:07:50,656
He should be applauded for it.

883
01:07:50,656 --> 01:07:54,736
But don't forget that he didn't free Ross for three years during his last bucking.

884
01:07:55,096 --> 01:07:55,616
Yeah, yeah.

885
01:07:55,736 --> 01:07:56,036
No, no.

886
01:07:56,276 --> 01:07:58,816
I know, absolutely.

887
01:07:59,496 --> 01:08:01,656
And then Ross comes up and licks his ass.

888
01:08:01,796 --> 01:08:05,036
And I'm like, dude, have you forgotten what this guy did to you?

889
01:08:05,156 --> 01:08:09,016
Like, he could have pardoned you back then, but it wasn't in his interest.

890
01:08:09,016 --> 01:08:09,896
So he didn't.

891
01:08:11,056 --> 01:08:12,856
I'm not disagreeing with you there.

892
01:08:12,956 --> 01:08:18,436
What I'm saying is when a politician does something that I think is good, I'm going to say, I think that's good.

893
01:08:18,436 --> 01:08:22,436
and when they do something that i think is bad i'm gonna say i think that's bad i'm not gonna

894
01:08:22,436 --> 01:08:28,016
try to equivocate and moralize about how well actually you know he just he needed to launch

895
01:08:28,016 --> 01:08:32,696
this shit coin because you know he's that's how he's gonna own the libs like no that's shit coining

896
01:08:32,696 --> 01:08:37,716
that's bad yeah i think that's scammy scammy fucking behavior and people end up getting

897
01:08:37,716 --> 01:08:43,056
wrecked and insiders get enriched shit coining is just fiat on steroids yeah it's the end state

898
01:08:43,056 --> 01:08:47,736
of fiat it's not not just the central bank is the counterfeiter it's everybody's a counterfeiter and

899
01:08:47,736 --> 01:08:52,696
everybody's a fucking scammer yeah and like you know everybody's a scammer period right but like

900
01:08:52,696 --> 01:08:59,296
i'm not going to in any way excuse that and like honestly shame on shame on anyone who who does we

901
01:08:59,296 --> 01:09:05,596
should call out bad behavior yeah especially in america and i'd be curious how you see this uh

902
01:09:05,596 --> 01:09:11,276
you know in the glorious european union but in america because we have a coca-cola pepsi-cola

903
01:09:11,276 --> 01:09:16,836
democracy we have a duopoly right it's it's you know it's it's red versus blue right yeah that's

904
01:09:16,836 --> 01:09:19,936
that's all it is you don't like coke it's okay because you can have pepsi you don't like pepsi

905
01:09:19,936 --> 01:09:26,916
no mountain dew no fanta none of that um certainly no you can't just have good old plain water either

906
01:09:26,916 --> 01:09:31,056
you got to have this sugary beverage that's you have to be good if you stop drinking mountain dew

907
01:09:31,056 --> 01:09:36,216
i think yeah yeah i agree agreed a mountain dew now that's the green party they never get elected

908
01:09:36,216 --> 01:09:44,676
but but because we have this duopoly there's a tendency for people when their guy is in power

909
01:09:44,676 --> 01:09:49,476
or their gal or kamala folks you know if she never made it but you know if she would have

910
01:09:49,476 --> 01:09:55,736
there's a tendency when people have their party in power to absolutely paper over and excuse any

911
01:09:55,736 --> 01:09:59,976
of the stupid things their party does because admitting that their party did something stupid

912
01:09:59,976 --> 01:10:04,696
would be viewed as giving the other side ammunition yeah yeah and so but but then both

913
01:10:04,696 --> 01:10:09,476
sides are just their hypocrisy is laid bare because they're not actually operating from any

914
01:10:09,476 --> 01:10:14,216
sort of a principled stance at all it's all just tribal politics it's all identity politics

915
01:10:14,216 --> 01:10:20,816
you know it's fake the difference with trump there is that he blatantly lies but he has no

916
01:10:20,816 --> 01:10:27,716
moral quarrels about it he just does it because it's part of his job and he doesn't give it no

917
01:10:27,716 --> 01:10:33,356
no but the others at least they try to look like they're not lying he doesn't give a shit it just

918
01:10:33,356 --> 01:10:39,636
says the lie because it needs to be said right then and and sometimes i don't know which is worse

919
01:10:39,636 --> 01:10:45,716
though trying to hide the lie don't get me wrong no no i i like that that's one of the great things

920
01:10:45,716 --> 01:10:51,056
he did because he he sort of uh showed everyone the man behind the curtain in that sense right

921
01:10:51,056 --> 01:10:58,456
so uh or the emperor is still naked like all the emperors yeah no but but the as a european

922
01:10:58,456 --> 01:11:04,896
i mean we also have this two-party system in a way because there's always a a red side and a blue

923
01:11:04,896 --> 01:11:09,616
side and it's always even between them in all of the european countries it's all the same

924
01:11:09,616 --> 01:11:17,156
and the left side always have to uh get the support of the actual commies to get into power

925
01:11:17,156 --> 01:11:23,436
and the the right side have to get the support of the the nationalists to get into power

926
01:11:23,436 --> 01:11:29,856
and that's the dichotomy but but at the end of the day all democracies tend towards that

927
01:11:29,856 --> 01:11:36,356
towards a two-party system where there's two two uh and if you look at the budgets it's all the

928
01:11:36,356 --> 01:11:43,816
same like no one wants to actually change things so so it's the statist quo exists everywhere and

929
01:11:43,816 --> 01:11:48,436
like all the parties they always talk about what the state should do about this and that

930
01:11:48,436 --> 01:11:55,056
no one ever says this the state should stop caring about this and that they should not do anything

931
01:11:55,056 --> 01:12:01,256
about this and that they should remove this and that it's always where do we put the more state

932
01:12:01,256 --> 01:12:08,876
control that we're gonna it's all so where are we gonna aim this being an asshole gun that we've got

933
01:12:08,876 --> 01:12:15,076
like it's it's all it's all wrong um that's the insane part to me is that it's never

934
01:12:15,076 --> 01:12:20,596
nobody is ever talking about wherever you are in the world no one's ever talking about

935
01:12:20,596 --> 01:12:25,256
how well you know what how do we actually shrink the government how do we take power away from the

936
01:12:25,256 --> 01:12:30,456
well bitcoin us do well bitcoin no but i mean uh the the you know people running for political

937
01:12:30,456 --> 01:12:34,256
office and maybe we do need more bitcoiners doing this from a localized standpoint first

938
01:12:34,256 --> 01:12:41,736
and then run that on all the way up but but my point being it's always just well here we're going

939
01:12:41,736 --> 01:12:45,416
to give the government more power no matter which side it is or ever it's red blue left right we're

940
01:12:45,416 --> 01:12:49,696
going to give the government more power but it's okay because we're going to be the ones deciding

941
01:12:49,696 --> 01:12:50,676
how to use that power.

942
01:12:50,736 --> 01:12:51,076
It's okay.

943
01:12:51,156 --> 01:12:51,856
And we're better

944
01:12:51,856 --> 01:12:52,736
than the other guys.

945
01:12:53,096 --> 01:12:54,276
So you don't have to worry.

946
01:12:54,656 --> 01:12:55,136
Unfortunately,

947
01:12:55,436 --> 01:12:57,036
I think it's impossible

948
01:12:57,036 --> 01:12:58,876
to be like all politicians

949
01:12:58,876 --> 01:13:00,616
or not all.

950
01:13:00,956 --> 01:13:01,996
There are a lot

951
01:13:01,996 --> 01:13:02,936
of career politicians,

952
01:13:03,116 --> 01:13:04,396
but there are politicians

953
01:13:04,396 --> 01:13:06,276
that this is a better way

954
01:13:06,276 --> 01:13:07,136
of phrasing it.

955
01:13:07,316 --> 01:13:08,196
There are politicians

956
01:13:08,196 --> 01:13:10,176
that start out as good guys

957
01:13:10,176 --> 01:13:11,456
and they're really fighting

958
01:13:11,456 --> 01:13:12,436
for a cause

959
01:13:12,436 --> 01:13:13,376
that they believe in.

960
01:13:13,956 --> 01:13:15,016
But they get captured

961
01:13:15,016 --> 01:13:15,816
by the system

962
01:13:15,816 --> 01:13:17,316
because the system

963
01:13:17,316 --> 01:13:18,756
does not reward them

964
01:13:18,756 --> 01:13:20,236
for sticking to their guns.

965
01:13:20,236 --> 01:13:23,636
The system rewards them for adapting

966
01:13:23,636 --> 01:13:27,396
to whatever the current thing is.

967
01:13:28,236 --> 01:13:30,136
That's what's rewarded.

968
01:13:30,356 --> 01:13:31,336
So they get rewarded

969
01:13:31,336 --> 01:13:34,336
not for being honest in principle,

970
01:13:34,496 --> 01:13:36,576
they get rewarded for going

971
01:13:36,576 --> 01:13:38,756
with whatever direction they can go

972
01:13:38,756 --> 01:13:39,856
to get more votes.

973
01:13:40,116 --> 01:13:41,196
And this is how the system works.

974
01:13:41,536 --> 01:13:44,776
And it's flawed from the get-go.

975
01:13:45,316 --> 01:13:47,596
Democracy is not what you think it is.

976
01:13:47,596 --> 01:13:52,596
And a popularity contest does not make theft more ethical.

977
01:13:52,596 --> 01:13:54,596
It never has.

978
01:13:54,596 --> 01:13:55,596
It never has.

979
01:13:55,596 --> 01:14:00,596
It is an extremely flawed system.

980
01:14:00,596 --> 01:14:10,596
And it's sort of taboo to criticize it because it's always described as the worst system except all others that have been tried.

981
01:14:10,596 --> 01:14:14,596
Well, how about trying a fucking new one without this crap?

982
01:14:14,596 --> 01:14:16,596
Why do we need any of it?

983
01:14:16,596 --> 01:14:20,916
or at least shrinking it or trying to remove most of it.

984
01:14:21,016 --> 01:14:25,876
But that never happens because everyone has a survival instinct.

985
01:14:26,096 --> 01:14:30,676
No one working at any of these institutions is ever going to vote against the hand that feeds them.

986
01:14:31,796 --> 01:14:37,896
So the more time that passes, the more the cancer grows because it has to.

987
01:14:37,976 --> 01:14:39,076
It cannot not grow.

988
01:14:40,116 --> 01:14:44,436
So the only way is to opt out and bypass all of it.

989
01:14:44,436 --> 01:14:46,476
There is no other way.

990
01:14:46,596 --> 01:14:48,876
that is the lifeboat

991
01:14:48,876 --> 01:14:49,616
and the other shit

992
01:14:49,616 --> 01:14:50,396
is the Titanic

993
01:14:50,396 --> 01:14:52,176
and everyone's going

994
01:14:52,176 --> 01:14:54,736
COVID was fun

995
01:14:54,736 --> 01:14:57,656
let's try that again

996
01:14:57,656 --> 01:14:59,196
wake the fuck up people

997
01:14:59,196 --> 01:15:01,656
yeah

998
01:15:01,656 --> 01:15:02,676
but again this gets back

999
01:15:02,676 --> 01:15:03,956
to the fact that most people

1000
01:15:03,956 --> 01:15:06,296
most people are cozy

1001
01:15:06,296 --> 01:15:07,096
and comfortable

1002
01:15:07,096 --> 01:15:09,356
just kind of following

1003
01:15:09,356 --> 01:15:10,876
following the directives

1004
01:15:10,876 --> 01:15:11,416
that they're given

1005
01:15:11,416 --> 01:15:13,816
most people don't want to

1006
01:15:13,816 --> 01:15:15,556
most people are not

1007
01:15:15,556 --> 01:15:16,276
leaders

1008
01:15:16,276 --> 01:15:19,696
and most people certainly aren't even leaders of themselves, right?

1009
01:15:19,816 --> 01:15:22,716
They're just, it's easier to be a follower.

1010
01:15:23,076 --> 01:15:25,816
Not making decisions is easier.

1011
01:15:26,076 --> 01:15:27,256
That's the easier path.

1012
01:15:27,316 --> 01:15:28,536
That's the path of least resistance.

1013
01:15:28,696 --> 01:15:30,196
It's the maintaining of the status quo.

1014
01:15:30,496 --> 01:15:31,516
It's moving with inertia.

1015
01:15:32,296 --> 01:15:33,936
It is much more difficult to say,

1016
01:15:34,196 --> 01:15:36,176
no, no, I'm going to step, you know,

1017
01:15:36,476 --> 01:15:37,296
you're all fucking wrong.

1018
01:15:37,516 --> 01:15:40,716
I'm going to step over here and I'm going to chart my own path.

1019
01:15:41,316 --> 01:15:43,376
That's why most people don't do it.

1020
01:15:43,436 --> 01:15:45,836
But therein is the opportunity as well, right?

1021
01:15:45,836 --> 01:15:48,436
therein is the chance

1022
01:15:48,436 --> 01:15:50,436
there is where optimistic, hopeful

1023
01:15:50,436 --> 01:15:52,476
driven people who

1024
01:15:52,476 --> 01:15:54,656
actually give a shit can rise

1025
01:15:54,656 --> 01:15:56,416
above everything. And optimism

1026
01:15:56,416 --> 01:15:58,356
is a rational choice because you can

1027
01:15:58,356 --> 01:16:00,676
choose to live either optimistic

1028
01:16:00,676 --> 01:16:02,656
or pessimistic. This is the last

1029
01:16:02,656 --> 01:16:04,756
chapter from the Praxeology book. It has

1030
01:16:04,756 --> 01:16:06,696
this Shawshank redemption

1031
01:16:06,696 --> 01:16:08,136
analogy. So

1032
01:16:08,136 --> 01:16:09,356
Morgan Freeman

1033
01:16:09,356 --> 01:16:12,636
warns Andy

1034
01:16:12,636 --> 01:16:14,216
Dufresne, the main character, that

1035
01:16:14,216 --> 01:16:16,096
hope is a dangerous thing

1036
01:16:16,096 --> 01:16:18,216
because you're going to die in here

1037
01:16:18,216 --> 01:16:20,036
and having hope is only going to give you

1038
01:16:20,036 --> 01:16:22,276
it's only going to disappoint you ever

1039
01:16:22,276 --> 01:16:24,236
and then

1040
01:16:24,236 --> 01:16:25,896
a 90 year old inmate

1041
01:16:25,896 --> 01:16:28,256
gets released and he hangs

1042
01:16:28,256 --> 01:16:30,116
himself two weeks later because he's totally

1043
01:16:30,116 --> 01:16:31,296
institutionalized

1044
01:16:31,296 --> 01:16:34,296
institutionalized three free meals

1045
01:16:34,296 --> 01:16:34,796
per day

1046
01:16:34,796 --> 01:16:38,256
he knows his routines he cannot function

1047
01:16:38,256 --> 01:16:39,636
on the outside as a free man

1048
01:16:39,636 --> 01:16:41,896
but as

1049
01:16:41,896 --> 01:16:43,876
Andy points out to Red

1050
01:16:43,876 --> 01:16:50,876
morgan freeman's character that hope guess what you're gonna die anyway so you might as well live

1051
01:16:50,876 --> 01:16:56,176
as as if hope exists and that's what gets him out that and low time preference and digging that

1052
01:16:56,176 --> 01:17:03,516
tunnel over 10 years and and so i choose to live with hope because why wouldn't i it would be

1053
01:17:03,516 --> 01:17:09,156
retarded and that's how the soviet union ended by the way uh it ended the day that they started

1054
01:17:09,156 --> 01:17:13,316
believing in that it was all that the emperor didn't have any clothes like

1055
01:17:13,316 --> 01:17:20,236
sooner or later it resist is all we can do and laugh about these things and more

1056
01:17:20,236 --> 01:17:35,149
and more people are waking up i see i see it uh not every day but i see it quite often norm is actually waking up and realizing that something is fucked with the like seeing through the propaganda because it it

1057
01:17:35,149 --> 01:17:41,789
getting more and more ridiculous by the by the fucking day you know and this trump eu thing

1058
01:17:41,789 --> 01:17:47,009
it should wake up a whole a whole bunch of other people don't you think because it's so ridiculous

1059
01:17:47,009 --> 01:17:52,769
us and you may think that it's wrong that a billionaire gets to do whatever but at least

1060
01:17:52,769 --> 01:17:58,449
this guy had to work for his fucking billions he didn't get them from nothing sure he got some of

1061
01:17:58,449 --> 01:18:03,029
it from the state because of goddamn electric car subsidies that shouldn't have been there

1062
01:18:03,029 --> 01:18:09,889
but i bet he would have been successful anyway and at least now he's he's trying to stand up for

1063
01:18:09,889 --> 01:18:14,729
free speech what what what's wrong with you why why are you against that like uh i don't get it

1064
01:18:14,729 --> 01:18:21,929
it's not like no one's no one is silenced on twitter have you when was the last time you

1065
01:18:21,929 --> 01:18:27,369
heard about anyone like complaining that their post didn't get any attention and they had five

1066
01:18:27,369 --> 01:18:33,409
million followers that just doesn't happen like people see these things and they yeah well of

1067
01:18:33,409 --> 01:18:41,909
course like the main reason for all of this uh eu bureaucrat backlash against musk is is because

1068
01:18:41,909 --> 01:18:49,029
he's not censoring to a meaningful degree anywhere and that's what it comes down to right that's how

1069
01:18:49,029 --> 01:18:57,109
you defang the system you defend the system by by speaking freely by by saying like nobody will say

1070
01:18:57,109 --> 01:19:01,789
the emperor has no clothes until you know the little boy says look he's naked obviously he's

1071
01:19:01,789 --> 01:19:06,269
naked but if the little boy is censored and it's like nope shut me can't sit then then nobody says

1072
01:19:06,269 --> 01:19:10,089
it right but as soon as one person is able to speak freely as soon as one person is able to

1073
01:19:10,089 --> 01:19:14,769
speak and somebody else hears it that person is then emboldened that's a that's a that's paying

1074
01:19:14,769 --> 01:19:20,669
it forward it's a cascading effect right information wants to be free it wants to be free it longs to

1075
01:19:20,669 --> 01:19:26,949
be free information is rumors younger swifter cousin is that the is that uh yeah some something

1076
01:19:26,949 --> 01:19:36,269
something to that effect uh but but but this is what it comes down to is the totalitarian state

1077
01:19:36,269 --> 01:19:45,809
needs a complete absence of privacy and needs complete control over the, uh, the, the memes

1078
01:19:45,809 --> 01:19:51,549
of production, you know, the memes of production, the, the modes of communication. It needs both of

1079
01:19:51,549 --> 01:19:56,069
those things because if you can be production, that's great. I wish I came up with it. Yeah.

1080
01:19:56,069 --> 01:20:01,489
That's, I don't remember where I heard it, but somebody more clever than I, but, but if you have

1081
01:20:01,489 --> 01:20:05,569
either, if you have both of those things, first of all, if you have both privacy, you know, if you

1082
01:20:05,569 --> 01:20:11,409
You have anonymity or pseudonymity online, and you have the ability to speak freely and disseminate a message.

1083
01:20:12,109 --> 01:20:16,509
That is what thwarts the totalitarian state, because then you can speak the truth.

1084
01:20:16,909 --> 01:20:22,089
Because without privacy, without some meaningful degree of privacy, true free speech is impossible.

1085
01:20:22,689 --> 01:20:29,529
Because if you are worried, they're like, oh yeah, you can say whatever you want, but we know where you live, and we'll come and break your knees.

1086
01:20:29,529 --> 01:20:34,229
then you know you need to be able to say things with a degree of anonymity or pseudonymity

1087
01:20:34,229 --> 01:20:40,529
to actually be able to exercise true free speech no and if you have those if you have that and

1088
01:20:40,529 --> 01:20:46,169
that's why the totalitarian state that's why any authoritarian they they they clamp down on speech

1089
01:20:46,169 --> 01:20:51,369
they clamp down on your money and they and they make sure you have no privacy and because they

1090
01:20:51,369 --> 01:20:56,149
need and then then they can twist right then they can twist the thumbscrews in but if they don't

1091
01:20:56,149 --> 01:21:02,249
have that ability, then you can break them. Then they, they cannot last for long because again,

1092
01:21:02,309 --> 01:21:08,089
information wants to be free. The truth will out. And the totalitarians ultimately are left

1093
01:21:08,089 --> 01:21:13,629
fangless because they cannot keep up the illusion of their, like they don't have total control.

1094
01:21:13,929 --> 01:21:18,229
They don't have total control. And people can speak freely and say, I hate this. I don't want

1095
01:21:18,229 --> 01:21:24,049
this. I reject this. And that's what the head is, what gives us our power. That is why privacy

1096
01:21:24,049 --> 01:21:29,189
is so fucking important and again because what is privacy it comes back to the first principles

1097
01:21:29,189 --> 01:21:34,829
you were speaking of which is the right to be left alone yeah that's what it is that that's

1098
01:21:34,829 --> 01:21:43,189
what it comes down to yeah so important to to uh uh like uh define the concepts here there's a great

1099
01:21:43,189 --> 01:21:48,509
rothbard book called the ethics of liberty in which he explains like why free speech is like the

1100
01:21:48,509 --> 01:21:56,509
the wrong term to begin with uh because where the the question that people forget to ask themselves

1101
01:21:56,509 --> 01:22:05,949
is free speech where and you know on my property here in my house i get to decide who can who gets

1102
01:22:05,949 --> 01:22:11,169
to say what and i can discriminate as much as i want discrimination is one of the most beautiful

1103
01:22:11,169 --> 01:22:17,969
things we have on this planet like because that's what everyone does in their own homes and like i

1104
01:22:17,969 --> 01:22:25,209
invite people I like I don't invite people I don't like and if if they talk about things that bore me

1105
01:22:25,209 --> 01:22:29,689
I will not invite them again and so on and if they offend me I might even kick them out

1106
01:22:29,689 --> 01:22:36,649
then again where is free speech applicable then if there's only private property you don't need

1107
01:22:36,649 --> 01:22:42,729
free speech laws because every property owner gets to decide who gets to say what on their property

1108
01:22:42,729 --> 01:22:53,069
so free speech laws have to be preceded by property violations by expropriation

1109
01:22:53,069 --> 01:22:59,989
in order for there to be a public space that needs to be taken from someone first

1110
01:22:59,989 --> 01:23:04,909
so that's the first thing and the same thing is true on social media for instance

1111
01:23:04,909 --> 01:23:11,729
not your platform not your rules so whoever sets the rules on the platform

1112
01:23:11,729 --> 01:23:17,249
is and should be the owner of the platform unfortunately the state meddles with the

1113
01:23:17,249 --> 01:23:23,089
platforms in a very mafia style way and say that you have to censor this or that person

1114
01:23:23,089 --> 01:23:30,029
it's just that mr musk is so rich so it takes a lot to pressure him to do shit because he can buy

1115
01:23:30,029 --> 01:23:37,929
himself out all the time and this is why people who are shit rich are actually better defenders

1116
01:23:37,929 --> 01:23:43,709
of free speech than politicians could ever dream of being because that means you have some kind of

1117
01:23:43,709 --> 01:23:52,529
resistance against this pressure to censor and and do all this stuff things so uh right now that is

1118
01:23:52,529 --> 01:23:58,549
the very thing they're trying to use against him that he's shit rich is the thing that actually

1119
01:23:58,549 --> 01:24:04,789
saves him from all this and that you know i believe in free markets i believe if there's a

1120
01:24:04,789 --> 01:24:12,369
free market between social media platforms people will want to be on the one with the highest free

1121
01:24:12,369 --> 01:24:19,549
speech in it like or with the most free speech the most free speechy platform if you will because

1122
01:24:19,549 --> 01:24:25,589
there's a demand for that a natural demand for it because people want to hear what other people

1123
01:24:25,589 --> 01:24:32,469
have to say it's that simple uh so in a perfect world yeah there wouldn't be any coercion that's

1124
01:24:32,469 --> 01:24:38,229
that's it and then you wouldn't need any free speech laws because whoever whoever owns it

1125
01:24:38,229 --> 01:24:45,089
dictates the rules it's that simple well yeah and that's that's the exact you're you're 100

1126
01:24:45,089 --> 01:24:49,489
correct and that's the exact problem right with it goes back to what we were talking about

1127
01:24:49,489 --> 01:24:53,789
initially which is the government doesn't give you rights they can they can only restrict them

1128
01:24:53,789 --> 01:24:57,829
they can only take them away and that's the thing when the government is the one that is the uh

1129
01:24:57,829 --> 01:25:05,689
uh, uh, in control of whatever, you know, insert area you are in. Yes. That's why like,

1130
01:25:05,749 --> 01:25:13,789
it's insane that any sort of centralized bureaucratic body has basically any, uh,

1131
01:25:13,809 --> 01:25:19,009
any authority to say, no, you're, you're not allowed to say that. And now, okay. If like,

1132
01:25:19,009 --> 01:25:25,129
you're, uh, you know, even in America, right. If you make a specific targeted time-based

1133
01:25:25,129 --> 01:25:30,709
actionable threat against somebody that's different. Like if you're saying you're going to

1134
01:25:30,709 --> 01:25:35,349
do like, I'm going to go to this person's house at this time. Oh, and we should, by the way,

1135
01:25:35,349 --> 01:25:37,969
we should all go there to this person's house this time. Here's where they live.

1136
01:25:38,109 --> 01:25:43,489
And we should, you know, like string them up. Right. That is obviously a different thing,

1137
01:25:43,489 --> 01:25:47,729
right? Like this is something where you're now talking about violating that person's private

1138
01:25:47,729 --> 01:25:51,449
property. You're now talking about violating the ultimate form of their private property,

1139
01:25:51,449 --> 01:25:55,089
which is themselves, their body, right? You're talking about coercion. You're talking

1140
01:25:55,089 --> 01:26:01,189
about violence but like the idea of hate speech like if i just say like i think that guy's a

1141
01:26:01,189 --> 01:26:07,369
fucking retarded idiot no no no that's that's not violence violence is violence yeah calls to

1142
01:26:07,369 --> 01:26:14,729
violence are not violence they're the silence is not violence and silence is 100 not violence that

1143
01:26:14,729 --> 01:26:21,409
is just absolute lunacy i mean that's basically that that's just a classic like communist communist

1144
01:26:21,409 --> 01:26:26,649
technique right like that's just that's what's the thing the sentence i put in one of the books

1145
01:26:26,649 --> 01:26:36,269
was hate speech is a term obviously coined by someone who hated speech that's good because it is

1146
01:26:36,269 --> 01:26:43,569
it is obvious you have to hate speech in order to be pro hate speech laws and ultimately what it

1147
01:26:43,569 --> 01:26:49,929
comes down to is you and i both know this it's the people who want to restrict speech the most

1148
01:26:49,929 --> 01:26:54,109
like if, or I should say, let me put it a different way. This is a good heuristic for people

1149
01:26:54,109 --> 01:26:59,769
to be able to analyze the, uh, the worthiness of the opinions of those around them.

1150
01:27:00,209 --> 01:27:07,549
If somebody seeks to restrict the speech of other people, it's a pretty good chance. Just like,

1151
01:27:08,009 --> 01:27:11,849
just work this one out in your own brain. You can do it. There's a pretty good chance that that

1152
01:27:11,849 --> 01:27:17,049
person who seeks to restrict, restrict the speech of others does not have a very strong argument for

1153
01:27:17,049 --> 01:27:22,289
whatever they're peddling because if they did that argument would stand on its own they wouldn't have

1154
01:27:22,289 --> 01:27:30,389
to suppress dissenting opinions again this is why communists socialists totalitarians all want to

1155
01:27:30,389 --> 01:27:35,749
restrict speech because they don't have a good argument because their systems fucking suck that's

1156
01:27:35,749 --> 01:27:40,209
they have to restrict speech because otherwise everyone will go hey you guys this this fucking

1157
01:27:40,209 --> 01:27:46,369
sucks like this is terrible i don't like this 100 again anyone who is restricting speech

1158
01:27:46,369 --> 01:27:48,629
doesn't have a leg to stand on.

1159
01:27:48,629 --> 01:27:50,589
Their own arguments for whatever they're peddling

1160
01:27:50,589 --> 01:27:52,549
are shit. They're scared of speech.

1161
01:27:53,629 --> 01:27:54,809
And guess

1162
01:27:54,809 --> 01:27:56,589
what? What is

1163
01:27:56,589 --> 01:27:58,729
speech on a technical

1164
01:27:58,729 --> 01:28:00,509
level? It's

1165
01:28:00,509 --> 01:28:02,649
small changes in air pressure.

1166
01:28:03,169 --> 01:28:04,669
It's not going to hurt you.

1167
01:28:06,529 --> 01:28:07,989
Like, you choose

1168
01:28:07,989 --> 01:28:10,969
how to

1169
01:28:10,969 --> 01:28:12,649
react to it. That is what

1170
01:28:12,649 --> 01:28:14,309
will hurt you if you react in the

1171
01:28:14,309 --> 01:28:15,309
wrong way.

1172
01:28:15,689 --> 01:28:17,649
You choose to be offended or not.

1173
01:28:18,509 --> 01:28:29,382
It like no Yeah Fuck you Free speech Fuck you Hate speech uh uh you uh hate speech laws proponents it it it insane like again

1174
01:28:30,102 --> 01:28:36,502
we've gotten to this point where it's like i posted this clip uh maybe yesterday of the three

1175
01:28:36,502 --> 01:28:40,902
germans who are going there they're on 60 minutes in the us and like it's just an insane i've seen

1176
01:28:40,902 --> 01:28:46,182
it i've seen it the worst part is when they start laughing it's weird like i mean it's just like

1177
01:28:46,182 --> 01:28:50,942
like this sickening laughter where it's like you're laughing about locking people up for memes

1178
01:28:50,942 --> 01:28:58,182
yeah you like you're not on the like you are you are in the wrong here you're laughing about taking

1179
01:28:58,182 --> 01:29:02,882
away somebody's somebody's freedom and locking them in a cage because you were offended by what

1180
01:29:02,882 --> 01:29:09,042
they said that's fucking i got such a letter in in germany once like this is like uh 15 years ago

1181
01:29:09,042 --> 01:29:14,562
maybe uh when we were working on a wind farm site so i was the skipper of a small crew transfer

1182
01:29:14,562 --> 01:29:21,982
a vessel to wind farm outside a town in germany uh and former former eastern germany and we rented

1183
01:29:21,982 --> 01:29:31,482
a um some apartment complex for the cruise and uh we had wi-fi in there and i used the pirate bay

1184
01:29:31,482 --> 01:29:38,282
and downloaded a couple of movies and or or or someone else in the building did or many people

1185
01:29:38,282 --> 01:29:44,042
could have been anyone and we got got no but it wasn't only me it was a lot of us did and then we

1186
01:29:44,042 --> 01:29:49,822
got this letter or rather was sent to our employer they to the office from a german prosecutor

1187
01:29:49,822 --> 01:29:58,602
like pay this or we will sue you and they they that's their industry is like sending these warning

1188
01:29:58,602 --> 01:30:05,002
letters is basically blackmail like they're sending it to to thousands and thousands of people

1189
01:30:05,002 --> 01:30:12,102
uh like there's a 99 chance that if you don't pay it they won't they won't sue anyone because

1190
01:30:12,102 --> 01:30:17,142
they don't have a case and it's pretty expensive for them to start up a whole new case against a

1191
01:30:18,182 --> 01:30:26,342
simple file sharer so but for the most part like they only need a small percentile of people to be

1192
01:30:27,062 --> 01:30:34,022
to to be afraid of the consequences to get them to pay and of course our company paid

1193
01:30:34,022 --> 01:30:38,902
because they for them it was a small sum and it's like yeah yeah it's like paying a

1194
01:30:38,902 --> 01:30:47,382
a speeding ticket or something yeah yeah exactly so but but it's such a it's such a vile phenomenon

1195
01:30:47,382 --> 01:30:56,682
uh and you know you know what copying a file is not stealing the file because the original owner

1196
01:30:56,682 --> 01:31:01,742
of the file still has the file and this is why intellectual property laws are fucking retarded

1197
01:31:01,742 --> 01:31:08,562
and just detrimental to everyone they can only be artificially scarce all data can be copied

1198
01:31:08,562 --> 01:31:15,842
that is why the satoshi is not data by the way but it within us and this is the thing i never

1199
01:31:15,842 --> 01:31:20,642
had a shitcoin period because the thing that fascinated me from the get-go with bitcoin was

1200
01:31:20,642 --> 01:31:27,042
the notion of something on computers that couldn't be copied that was just outlandish to me like i

1201
01:31:27,042 --> 01:31:32,002
couldn't wrap my head around that as like what do you mean it can't be copied it's information

1202
01:31:32,002 --> 01:31:34,662
and it took me

1203
01:31:34,662 --> 01:31:37,482
till now to articulate

1204
01:31:37,482 --> 01:31:38,302
properly

1205
01:31:38,302 --> 01:31:40,282
or till a couple of years ago

1206
01:31:40,282 --> 01:31:41,162
and figured out that

1207
01:31:41,162 --> 01:31:42,622
holy shit it's because

1208
01:31:42,622 --> 01:31:44,362
they're not on the internet

1209
01:31:44,362 --> 01:31:45,322
they're in our heads

1210
01:31:45,322 --> 01:31:49,242
and it's wild when you think about it

1211
01:31:49,242 --> 01:31:49,982
but yeah

1212
01:31:49,982 --> 01:31:52,482
it is

1213
01:31:52,482 --> 01:31:52,942
I mean

1214
01:31:52,942 --> 01:31:54,522
I hope

1215
01:31:54,522 --> 01:31:56,762
I hope that the absurdity

1216
01:31:56,762 --> 01:31:58,462
of the world

1217
01:31:58,462 --> 01:31:59,082
and of these

1218
01:31:59,082 --> 01:32:00,602
control structures

1219
01:32:00,602 --> 01:32:04,162
and those who operate within the frame of these control structures.

1220
01:32:04,342 --> 01:32:09,742
I hope that the absurdity is reaching such a level where it's like escape velocity absurdity.

1221
01:32:09,942 --> 01:32:14,342
Where again, people start to, even people who have been asleep, start to realize,

1222
01:32:14,482 --> 01:32:20,162
like, the emperor has no clothes and he's drunk and he's trying to tell me what words I can and cannot say.

1223
01:32:20,262 --> 01:32:21,282
Like, fuck this guy.

1224
01:32:21,282 --> 01:32:28,422
You know, it feels like we're getting close to that because, and it's very heartening actually to see,

1225
01:32:28,422 --> 01:32:31,542
I've seen a lot of

1226
01:32:31,542 --> 01:32:33,502
pro-European

1227
01:32:33,502 --> 01:32:35,522
Union posting as a result

1228
01:32:35,522 --> 01:32:36,962
of this

1229
01:32:36,962 --> 01:32:38,622
current spat, right?

1230
01:32:39,082 --> 01:32:40,942
Most of the people doing the pro-EU,

1231
01:32:41,122 --> 01:32:43,402
not pro-European Union or

1232
01:32:43,402 --> 01:32:45,402
pro-European Commission posting, you look

1233
01:32:45,402 --> 01:32:46,862
and it's like they're all somehow related.

1234
01:32:47,002 --> 01:32:49,402
They're on the take, essentially, in some

1235
01:32:49,402 --> 01:32:51,362
way. They're part of the bureaucratic machine.

1236
01:32:51,362 --> 01:32:53,522
Of course, yeah. But Europeans

1237
01:32:53,522 --> 01:32:57,302
who are citizens of

1238
01:32:57,302 --> 01:33:02,562
individual european countries who i like you know yourself are like yeah like there's a european

1239
01:33:02,562 --> 01:33:06,522
the eu has nothing to do with that they don't speak for me i fucking hate those bureaucrats

1240
01:33:06,522 --> 01:33:13,382
and americans are all kind of coming together to say like yeah like fuck this like no this is this

1241
01:33:13,382 --> 01:33:18,382
is stupid like these guys what we're supposed to feel bad for the poor little politicians who are

1242
01:33:18,382 --> 01:33:22,402
like what are they really trying to throw themselves a pity party like it's that's one of

1243
01:33:22,402 --> 01:33:27,322
the worst looks is when a politician who is literally in charge of how much to steal from

1244
01:33:27,322 --> 01:33:29,562
you every year is like, whoa, is me.

1245
01:33:29,642 --> 01:33:32,062
I'm, you know, I'm being attacked on social media.

1246
01:33:32,062 --> 01:33:35,462
It's like, yeah, because you said something fucking stupid, you totalitarian quat.

1247
01:33:35,782 --> 01:33:36,682
Like, fuck off.

1248
01:33:37,242 --> 01:33:40,542
And the EU started as a free trade union.

1249
01:33:41,082 --> 01:33:41,302
Yep.

1250
01:33:41,422 --> 01:33:47,082
And the only, but what people forget, and it took only a couple of decades to slippery

1251
01:33:47,082 --> 01:33:50,602
slope itself into this dystopian nightmare that it is right now, right?

1252
01:33:50,602 --> 01:34:00,502
but the thing with trade unions that people don't get is that they are only necessary because someone put up a border

1253
01:34:00,502 --> 01:34:03,882
and stopped people from trading across that border

1254
01:34:03,882 --> 01:34:08,542
so it's the nation state's fault that the border is there in the first place

1255
01:34:08,542 --> 01:34:10,962
and that you can't send goods and services through it

1256
01:34:10,962 --> 01:34:17,762
so Bastiat, to go full circle here, we're back at the starting point here

1257
01:34:17,762 --> 01:34:24,882
uh bastiat said if goods don't cross borders soldiers will and that is still true and by the

1258
01:34:24,882 --> 01:34:33,902
way tariffs are fucking horrible and stupid like it's theft too it's also taxes and you know uh

1259
01:34:33,902 --> 01:34:39,662
the the thing about the u.s that that bothers me the most is of course the federal reserve

1260
01:34:39,662 --> 01:34:46,942
because the way i see it at least since 1971 the u.s is a centrally planned economy and not a free

1261
01:34:46,942 --> 01:34:52,702
economy at all because they have a money printer and if you have a money printer you're a centrally

1262
01:34:52,702 --> 01:34:57,922
planned economy you're not even socialist you're communist and so is everyone else by the way

1263
01:34:57,922 --> 01:35:05,602
but yes and it's this dystopian as fuck to think that but if you really like prices ought to fall

1264
01:35:05,602 --> 01:35:10,502
everywhere everything ought to be awesome we ought not to aggress one against one another

1265
01:35:10,502 --> 01:35:16,862
and instead we live in a money printing dystopian hellhole and we're still doing quite fine because

1266
01:35:16,862 --> 01:35:22,262
the free market is such a powerful force that we can still afford fucking good food and flying and

1267
01:35:22,262 --> 01:35:28,622
stuff it's great but we could have it so much better it's the seen and the unseen and we never

1268
01:35:28,622 --> 01:35:33,362
see the exponential effects that could have happened if the taxes hadn't been there uh no

1269
01:35:33,362 --> 01:35:37,782
so it is what it is well you know it's like the communists always say like well real communism's

1270
01:35:37,782 --> 01:35:41,682
never been tried it's like fuck you real capitalism's never been tried no exactly because it's been

1271
01:35:41,682 --> 01:35:46,622
under the yoke like people forget that marx was the one who advocated for centralized

1272
01:35:46,622 --> 01:35:52,222
control of credit like marx is the one who said the central bank was the most of the crucial thing

1273
01:35:52,222 --> 01:36:02,162
and it's like god come on you know you've seen a political compass right with authoritarian left

1274
01:36:02,162 --> 01:36:07,442
and authoritarian light and the funny thing is that the upper upper left corner i think it is

1275
01:36:07,442 --> 01:36:14,002
where it's left wing and totalitarian they call everything else on the political compass alt-right

1276
01:36:14,002 --> 01:36:15,002
Yeah.

1277
01:36:15,002 --> 01:36:16,302
Or extreme right.

1278
01:36:16,302 --> 01:36:16,602
Yeah.

1279
01:36:16,602 --> 01:36:16,802
Yeah.

1280
01:36:16,802 --> 01:36:18,042
Everything else is alt right.

1281
01:36:18,502 --> 01:36:22,642
But the, the actual truth of the thing is that the opposite corner where there's, uh,

1282
01:36:22,942 --> 01:36:29,422
no, not at all totalitarian right wing or libertarianism or anarcho capitalism is the

1283
01:36:29,422 --> 01:36:34,342
only corner that admits that the entirety of the rest of the compass is theft.

1284
01:36:35,062 --> 01:36:35,362
Yeah.

1285
01:36:35,622 --> 01:36:38,362
So, so it's so backwards.

1286
01:36:38,782 --> 01:36:42,242
So whenever you hear anyone tell you otherwise they're wrong.

1287
01:36:43,242 --> 01:36:43,562
Yeah.

1288
01:36:44,002 --> 01:36:44,642
Yeah.

1289
01:36:45,982 --> 01:36:57,142
Anyway, Walker, I know very little, like, I don't know much more about you than when we started this interview, because it was not really an interview.

1290
01:36:57,322 --> 01:36:59,502
It's more of like a banter.

1291
01:37:00,562 --> 01:37:03,782
This is my favorite kind of conversation, Klu.

1292
01:37:04,022 --> 01:37:04,982
My favorite kind.

1293
01:37:05,462 --> 01:37:05,782
Yeah, yeah.

1294
01:37:06,202 --> 01:37:10,922
And we haven't discussed Bitcoin at all, almost, or anything else.

1295
01:37:11,282 --> 01:37:12,342
Or have we?

1296
01:37:12,342 --> 01:37:13,682
Which is interesting.

1297
01:37:14,002 --> 01:37:17,422
And I'd love to have another conversation where we get into all sorts of shit and

1298
01:37:17,422 --> 01:37:20,842
figure out where we disagree with one another, because we haven't found such a

1299
01:37:20,842 --> 01:37:23,922
thing either in this conversation.

1300
01:37:24,242 --> 01:37:29,822
I know that Wisconsin is full of beer and cheese, but that's about it.

1301
01:37:30,722 --> 01:37:32,862
I don't know how you and Carla met.

1302
01:37:33,182 --> 01:37:37,862
I don't know what your hobbies were as a kid.

1303
01:37:37,902 --> 01:37:39,582
I don't know what your education is.

1304
01:37:39,582 --> 01:37:45,582
And honestly, I think we were better off just ranting.

1305
01:37:46,542 --> 01:37:47,562
I think so too.

1306
01:37:47,642 --> 01:37:49,082
I've enjoyed the heck out of it.

1307
01:37:49,122 --> 01:37:55,062
Now I need to return the favor and we can Bitcoin podcast as Bitcoin podcasters on my Bitcoin podcast.

1308
01:37:55,642 --> 01:37:56,222
Oh, fantastic.

1309
01:37:56,982 --> 01:37:58,342
Complete the circle.

1310
01:37:58,342 --> 01:38:06,442
But no, I always enjoy more of the conversation that flows wherever it will.

1311
01:38:07,882 --> 01:38:09,542
I'm not a fan of too much structure.

1312
01:38:09,582 --> 01:38:10,682
when it comes to these things.

1313
01:38:10,762 --> 01:38:11,862
So for me, this was perfect.

1314
01:38:12,682 --> 01:38:13,302
Oh, thank you.

1315
01:38:13,482 --> 01:38:15,442
And yeah, right back at you.

1316
01:38:15,582 --> 01:38:16,822
I enjoyed it a lot too.

1317
01:38:17,062 --> 01:38:20,122
So, and I'd love to come on your show

1318
01:38:20,122 --> 01:38:21,242
and do my rants there.

1319
01:38:21,622 --> 01:38:22,402
And yeah.

1320
01:38:22,622 --> 01:38:23,162
Let's do it.

1321
01:38:23,462 --> 01:38:23,962
Let's do it.

1322
01:38:24,102 --> 01:38:24,342
Whenever.

1323
01:38:24,342 --> 01:38:25,402
We've got to cross pollinate.

1324
01:38:25,602 --> 01:38:26,742
You know, that's the important thing.

1325
01:38:26,762 --> 01:38:27,262
We've got to.

1326
01:38:27,522 --> 01:38:27,862
Yes.

1327
01:38:28,142 --> 01:38:29,342
Send me a link somewhere

1328
01:38:29,342 --> 01:38:30,142
and I'll come.

1329
01:38:30,142 --> 01:38:32,362
We'll see each other in San Salvador, won't we?

1330
01:38:32,782 --> 01:38:33,542
Yes, we will.

1331
01:38:33,642 --> 01:38:34,442
Looking forward to it.

1332
01:38:34,442 --> 01:38:34,622
Yeah, yeah.

1333
01:38:34,722 --> 01:38:35,422
Looking forward to it.

1334
01:38:35,602 --> 01:38:36,902
It's going to be just the time of the year

1335
01:38:36,902 --> 01:38:39,522
where the winter starts getting very oppressive

1336
01:38:39,522 --> 01:38:41,522
here in the Midwestern United States.

1337
01:38:41,762 --> 01:38:42,162
Oh, yeah, yeah.

1338
01:38:42,262 --> 01:38:43,742
Yeah, I'll be looking forward

1339
01:38:43,742 --> 01:38:45,342
to the El Salvador sunshine.

1340
01:38:45,942 --> 01:38:46,462
Oh, nice.

1341
01:38:46,762 --> 01:38:48,322
Yeah, I'm going to spend some time

1342
01:38:48,322 --> 01:38:49,382
in the States this summer.

1343
01:38:49,542 --> 01:38:51,162
I'm looking forward to it.

1344
01:38:51,702 --> 01:38:52,602
Oh, well, let's, we'll,

1345
01:38:52,602 --> 01:38:54,842
we'll maybe do some coordination off air, yeah?

1346
01:38:55,302 --> 01:38:56,282
Yeah, yeah, we should.

1347
01:38:56,902 --> 01:38:59,722
Anyway, thank you very much, Walker.

1348
01:39:00,222 --> 01:39:01,902
This has been the Bitcoin Infinity Show.

1349
01:39:02,382 --> 01:39:03,282
Go brush your teeth.

1350
01:39:04,002 --> 01:39:04,462
Good night.

1351
01:39:09,522 --> 01:39:39,502
Thank you.