1
00:00:00,000 --> 00:00:03,966
I also screened like, you know, 30 minutes of my film a rough had at the time.

2
00:00:03,966 --> 00:00:06,566
And so like never have done anything like that before.

3
00:00:06,566 --> 00:00:07,766
Kind of a filmmaker's dream.

4
00:00:07,766 --> 00:00:12,000
So the goal has always been with this project, to have as many people

5
00:00:12,000 --> 00:00:15,600
trip down the rabbit hole as possible and for a selfish reason, like,

6
00:00:15,600 --> 00:00:20,566
I want the transition from fiat to Bitcoin to be as smooth as it possibly can.

7
00:00:20,933 --> 00:00:24,233
The more people have Bitcoin, the more decentralized the wealth is,

8
00:00:24,500 --> 00:00:26,366
the more strongholds we're going to have

9
00:00:26,366 --> 00:00:28,166
and the smoother the transition is going to be.

10
00:00:28,166 --> 00:00:30,066
That's what I thought would be the most impactful thing.

11
00:00:30,066 --> 00:00:31,966
Educate the masses on inflation.

12
00:00:31,966 --> 00:00:34,366
Educate them on why bitcoin can't be printed

13
00:00:34,366 --> 00:00:37,033
and why some of the things they've heard about it might be wrong.

14
00:00:37,033 --> 00:00:38,700
What if the price of everything didn't go up

15
00:00:38,700 --> 00:00:40,200
and weren't like it just stayed the same?

16
00:00:40,200 --> 00:00:42,600
Like there is no more inflation? How does that sound?

17
00:00:42,600 --> 00:00:44,366
Oh, that sounds like really great, actually.

18
00:00:44,366 --> 00:00:46,200
You know, I think inflation is a scary thing.

19
00:00:46,200 --> 00:00:48,933
It's probably one of those things in life that you don't want to think about.

20
00:00:48,933 --> 00:00:51,833
And a lot of ways it's like death. It's like inevitable.

21
00:00:51,833 --> 00:00:54,300
But you don't want to believe it's true, at least not for you.

22
00:00:54,300 --> 00:00:57,700
Every money that's ever been printed always ends in like, disaster.

23
00:00:57,866 --> 00:00:59,466
Absolute disaster.

24
00:00:59,466 --> 00:01:00,833
And that's where we're heading.

25
00:01:04,366 --> 00:01:05,033
shooter.

26
00:01:05,033 --> 00:01:07,300
Welcome back to the Bitcoin Infinity Show.

27
00:01:07,300 --> 00:01:08,900
Thank you for joining us.

28
00:01:08,900 --> 00:01:11,566
You know Luke Knute it's always a good time.

29
00:01:11,566 --> 00:01:14,566
Thank you for having me I appreciate your time too, man.

30
00:01:14,900 --> 00:01:16,433
So good to have you back, man.

31
00:01:16,433 --> 00:01:17,700
It's it's been a while.

32
00:01:17,700 --> 00:01:19,000
When did we last see you?

33
00:01:19,000 --> 00:01:21,033
What was a Madeira?

34
00:01:21,033 --> 00:01:21,833
Yeah, Madeira. So.

35
00:01:21,833 --> 00:01:23,500
Must have been March. So. Yeah.

36
00:01:23,500 --> 00:01:24,533
Like nine months ago.

37
00:01:24,533 --> 00:01:26,266
More than nine months ago.

38
00:01:26,266 --> 00:01:29,133
Yeah. How did you like Madeira?

39
00:01:29,133 --> 00:01:30,333
I mean, Madeira is beautiful.

40
00:01:30,333 --> 00:01:33,066
I wish I had more time to spend there, especially, like,

41
00:01:33,066 --> 00:01:36,000
you know, as a cinematographer, I wish I had more time to kind of

42
00:01:36,000 --> 00:01:39,666
go around the island and see all the different beauties that it has to offer.

43
00:01:40,700 --> 00:01:42,266
So other than that, it was amazing.

44
00:01:42,266 --> 00:01:43,500
I also screened, like,

45
00:01:43,500 --> 00:01:46,566
you know, 30 minutes of my film, a rough, rough cut at the time.

46
00:01:46,566 --> 00:01:49,533
And so like, you know, I never done anything like that before

47
00:01:49,533 --> 00:01:50,766
in a movie theater.

48
00:01:50,766 --> 00:01:52,233
So it's kind of a filmmaker's dream.

49
00:01:52,233 --> 00:01:55,833
So, yeah, Madeira was special for for many, many reasons.

50
00:01:55,833 --> 00:01:57,633
And I'm sure you love it there too.

51
00:01:57,633 --> 00:02:00,000
Yeah, yeah, we were super busy.

52
00:02:00,000 --> 00:02:03,400
But we heard a lot already back then when when you showed those

53
00:02:03,400 --> 00:02:04,933
30 minutes about the movie.

54
00:02:06,000 --> 00:02:07,066
The the movie.

55
00:02:07,066 --> 00:02:08,700
No more inflation.

56
00:02:08,700 --> 00:02:11,466
If you don't know, and,

57
00:02:11,466 --> 00:02:14,400
like everyone who saw that, it's like, dude, shooters.

58
00:02:14,400 --> 00:02:17,700
Film is like, this is next level stuff.

59
00:02:17,700 --> 00:02:20,033
Like, everyone seem to love it.

60
00:02:20,033 --> 00:02:22,566
So, so when did you.

61
00:02:22,566 --> 00:02:23,800
So tell us about the movie?

62
00:02:23,800 --> 00:02:29,000
Tell us about, like, you know, how your last year's been and when did it premiere?

63
00:02:29,033 --> 00:02:29,633
Like what?

64
00:02:29,633 --> 00:02:32,633
How how did it come to be like, all the things.

65
00:02:33,066 --> 00:02:33,400
Right.

66
00:02:33,400 --> 00:02:36,666
So most people know by now, I made a ten minute film about El Salvador

67
00:02:36,833 --> 00:02:39,000
about two years ago that I had published nine book.

68
00:02:39,000 --> 00:02:40,266
Kelly retweeted it.

69
00:02:40,266 --> 00:02:42,866
That kind of created some more attention, you know, from Bitcoiners

70
00:02:42,866 --> 00:02:44,966
and like encouraging me to make a full length film.

71
00:02:44,966 --> 00:02:48,766
So, two years ago, I started planning this film,

72
00:02:49,466 --> 00:02:53,000
raising money, filming, traveling, editing all that stuff.

73
00:02:53,366 --> 00:02:58,100
And so, yeah, it just published it November 21st.

74
00:02:58,400 --> 00:03:01,200
So it's been about a month and,

75
00:03:01,200 --> 00:03:04,500
yeah, I've been doing like, you know, going around now and doing the podcast

76
00:03:04,500 --> 00:03:07,766
and promoting it a bit, but so far it's so it's been going good.

77
00:03:08,100 --> 00:03:09,533
Lots of people have been watching it.

78
00:03:09,533 --> 00:03:13,533
Lots of people been sharing it with like, you know, their loved ones and, you know,

79
00:03:13,866 --> 00:03:17,366
it seems actually the most common thing I've heard is that the wives love it.

80
00:03:17,500 --> 00:03:20,900
Like, I guess most Bitcoiners wives, you know, they're interested in Bitcoin

81
00:03:20,900 --> 00:03:22,133
because their husband

82
00:03:22,133 --> 00:03:25,266
there is interested in Bitcoin, but they're not that interested in bitcoin.

83
00:03:25,800 --> 00:03:29,300
But apparently, you know, they, they stay engaged and they really love it.

84
00:03:29,300 --> 00:03:32,300
And it helps actually like visually connect the dots

85
00:03:32,666 --> 00:03:35,466
about a lot of things that, you know, they've been hearing about.

86
00:03:35,466 --> 00:03:38,000
So anyway so far it's been really good.

87
00:03:38,000 --> 00:03:40,366
It's doing exactly what I want it to do, which is,

88
00:03:40,366 --> 00:03:43,500
you know, reach the average person, keep them engaged.

89
00:03:43,600 --> 00:03:47,500
Explain the problem of inflation and the solution of Bitcoin

90
00:03:47,500 --> 00:03:52,333
in a very simple and, you know, emotional human to human way.

91
00:03:52,500 --> 00:03:53,366
So yeah, that's what I did.

92
00:03:53,366 --> 00:03:58,233
I traveled the world, interviewed 44 people that, you know, share their stories

93
00:03:58,233 --> 00:04:01,200
about living with different intensities of inflation

94
00:04:01,200 --> 00:04:04,800
or how that money that's being printed that caused that inflation affects

95
00:04:04,800 --> 00:04:08,833
war or food and health and foreign aid and Covid and bailouts.

96
00:04:09,100 --> 00:04:12,033
And then same thing with Bitcoin interviewed people that have

97
00:04:12,033 --> 00:04:15,266
personal stories about, you know, how it's helping them in El Salvador,

98
00:04:15,533 --> 00:04:18,500
how they're using it to reduce, you know, pollution in North Dakota

99
00:04:18,500 --> 00:04:21,500
off of flare gas, how it's bringing energy to people in Kenya,

100
00:04:21,833 --> 00:04:24,600
you know, helping people escape their dictator countries.

101
00:04:24,600 --> 00:04:28,333
So basically, the film is a collection of stories

102
00:04:28,633 --> 00:04:31,766
that covers inflation and covers Bitcoin.

103
00:04:32,766 --> 00:04:35,166
Now I, I just love the title.

104
00:04:35,166 --> 00:04:37,933
Like, no, no more inflation. It's so spot on.

105
00:04:37,933 --> 00:04:39,666
That's that's what Bitcoin is all about.

106
00:04:39,666 --> 00:04:43,500
Like you fix the problem of inflation for everyone on earth.

107
00:04:44,000 --> 00:04:47,566
Like it's it's it's so simple when you put it like that like it's

108
00:04:49,200 --> 00:04:50,600
that it's what it's all about.

109
00:04:50,600 --> 00:04:51,966
We're fixing inflation.

110
00:04:51,966 --> 00:04:53,833
Like we're kind of reminds me of this.

111
00:04:53,833 --> 00:04:54,300
Yeah.

112
00:04:54,300 --> 00:04:56,833
That's my. Kind of. That's my my. Everything.

113
00:04:56,833 --> 00:04:57,900
Exactly. No.

114
00:04:57,900 --> 00:04:58,866
Yeah, yeah.

115
00:04:58,866 --> 00:05:01,866
You're outfit is so great tonight.

116
00:05:02,800 --> 00:05:05,766
So so tell us a little more about how the

117
00:05:05,766 --> 00:05:08,966
how the film came to be and, like, yeah, yeah.

118
00:05:09,433 --> 00:05:11,033
Where did this project start?

119
00:05:11,033 --> 00:05:14,033
And like,

120
00:05:14,033 --> 00:05:14,266
yeah.

121
00:05:14,266 --> 00:05:19,366
I mean, yeah, the book killer thing, but, like, tell us about the journey rather.

122
00:05:19,366 --> 00:05:20,666
Yeah. Yeah, absolutely.

123
00:05:20,666 --> 00:05:25,366
So, like you're saying, no more inflation was the line

124
00:05:25,366 --> 00:05:28,533
that I found stuck with most people that I spoke to,

125
00:05:28,833 --> 00:05:32,100
whether it was a cashier for 10s or a friend of mine, you know,

126
00:05:32,400 --> 00:05:34,133
they'd be like, what is this Bitcoin thing about?

127
00:05:34,133 --> 00:05:37,333
I would say, okay, well, what if the price of everything didn't go up anymore?

128
00:05:37,333 --> 00:05:40,166
Like it just stayed the same, like there is no more inflation?

129
00:05:40,166 --> 00:05:41,266
How does that sound?

130
00:05:41,266 --> 00:05:43,700
Oh, that sounds like really great, actually.

131
00:05:43,700 --> 00:05:46,766
You know, I mean, anybody but like, a, college

132
00:05:46,766 --> 00:05:50,266
educated economist will agree with you that that sounds great.

133
00:05:51,200 --> 00:05:54,766
And so I realized that was kind of the best entry point in for Bitcoin.

134
00:05:54,766 --> 00:05:56,766
So when I was planning this film

135
00:05:56,766 --> 00:05:59,766
and I realized I was going to spend maybe a year or two making it, you know,

136
00:05:59,933 --> 00:06:00,633
I thought, okay, well,

137
00:06:00,633 --> 00:06:04,466
I want to make the thing that I think can have the biggest impact possible.

138
00:06:04,466 --> 00:06:07,033
So I knew it had to be related to Bitcoin.

139
00:06:07,033 --> 00:06:10,366
And then, yeah, like I was mentioning, inflation just seemed like it's

140
00:06:10,366 --> 00:06:11,400
the best entry point.

141
00:06:11,400 --> 00:06:15,066
And so you'll notice there's no mention of Bitcoin at all in the title of the film.

142
00:06:15,300 --> 00:06:18,133
And if you watch the film that no more inflation.com,

143
00:06:18,133 --> 00:06:21,133
you'll see there's no mention of Bitcoin for the first half of movie.

144
00:06:21,433 --> 00:06:24,333
Because again, I want to draw people in with inflation.

145
00:06:24,333 --> 00:06:27,466
I want to make them understand the problem of inflation

146
00:06:27,466 --> 00:06:29,633
because in my opinion, it's the biggest problem in the world

147
00:06:29,633 --> 00:06:30,300
for, you know,

148
00:06:30,300 --> 00:06:32,233
not just because it's expensive for you to live,

149
00:06:32,233 --> 00:06:34,833
but because also for the things that it pays for.

150
00:06:34,833 --> 00:06:38,066
It funds the machine, that you don't like,

151
00:06:38,066 --> 00:06:41,233
you know, and so, and so, yeah.

152
00:06:41,233 --> 00:06:44,733
So I think, that's really what I wanted to set out to do.

153
00:06:44,766 --> 00:06:45,366
That's what I thought

154
00:06:45,366 --> 00:06:48,366
could be the most impactful thing educate the masses on inflation,

155
00:06:48,600 --> 00:06:51,000
educate them on why bitcoin can't be printed,

156
00:06:51,000 --> 00:06:52,900
and why some of the things they've heard about

157
00:06:52,900 --> 00:06:53,700
it might be wrong,

158
00:06:53,700 --> 00:06:57,100
like it's bad for the earth, it's only for criminals, it's too volatile.

159
00:06:57,133 --> 00:07:00,133
You know, all these common things that someone will just

160
00:07:00,133 --> 00:07:03,966
have popped in their brain, you know, whenever they hear Bitcoin.

161
00:07:04,333 --> 00:07:04,900
And so,

162
00:07:06,300 --> 00:07:07,466
so basically so yeah.

163
00:07:07,466 --> 00:07:10,600
So I started again, like writing all of this and planning it,

164
00:07:10,933 --> 00:07:16,266
you know, two years ago, October 2022, I started raising money in January.

165
00:07:16,500 --> 00:07:21,033
I started filming in April and then April all through,

166
00:07:21,066 --> 00:07:24,866
you know, the release, I was either, you know, picking up interviews or editing

167
00:07:25,333 --> 00:07:29,366
and, so, yeah, I went to, you know what?

168
00:07:29,366 --> 00:07:32,600
Imola. Jamaica, Argentina. Kenya.

169
00:07:32,733 --> 00:07:34,300
Salvador, Latvia.

170
00:07:34,300 --> 00:07:37,300
Dubai, Italy.

171
00:07:37,533 --> 00:07:40,666
Man, I'm probably missing a few there and a handful of states in the US too.

172
00:07:41,100 --> 00:07:45,300
And, yeah, it was a great experience, man.

173
00:07:45,300 --> 00:07:45,766
Two years.

174
00:07:45,766 --> 00:07:49,500
I mean, imagine, like any artist to say, hey, you have two years to create

175
00:07:49,966 --> 00:07:52,933
the best thing you possibly can go,

176
00:07:52,933 --> 00:07:55,933
you know, so absolute dream.

177
00:07:55,933 --> 00:07:59,466
I met so many people, you know, I really am proud of what I created.

178
00:07:59,466 --> 00:08:03,566
I feel like it met the vision that I had for it. And,

179
00:08:04,533 --> 00:08:05,900
And so, yeah, now I'm really content.

180
00:08:05,900 --> 00:08:07,300
And now it's the second half of the battle,

181
00:08:07,300 --> 00:08:09,800
which is actually, you know, getting it out to the masses.

182
00:08:09,800 --> 00:08:12,800
So that's kind of the journey in a nutshell.

183
00:08:13,466 --> 00:08:13,733
Yeah.

184
00:08:13,733 --> 00:08:16,733
So, so like open the tab now

185
00:08:16,966 --> 00:08:19,333
watch the movie right after you watch this.

186
00:08:19,333 --> 00:08:22,333
Like no more inflation.com.

187
00:08:22,600 --> 00:08:24,366
It's great.

188
00:08:24,366 --> 00:08:26,733
I mean and

189
00:08:26,733 --> 00:08:29,433
you're such a good, content creator man.

190
00:08:29,433 --> 00:08:33,066
And like, such a good filmmaker, like, I've, like, every single thing

191
00:08:33,066 --> 00:08:36,066
I've seen that you've done, it's like it's stunning.

192
00:08:36,066 --> 00:08:38,466
You really know your craft.

193
00:08:38,466 --> 00:08:42,466
That little, little video from from Riga, two years ago.

194
00:08:42,466 --> 00:08:44,366
Like, it's it's amazing.

195
00:08:44,366 --> 00:08:46,900
Like, No. So.

196
00:08:46,900 --> 00:08:49,300
So go check out go check out the website.

197
00:08:49,300 --> 00:08:51,333
This guy knows what he's doing.

198
00:08:51,333 --> 00:08:51,533
Yeah.

199
00:08:51,533 --> 00:08:54,466
And the cool thing is, I made the website to like all that stuff.

200
00:08:54,466 --> 00:08:56,866
I made all that, integrated was app, right?

201
00:08:56,866 --> 00:08:57,666
And WooCommerce.

202
00:08:57,666 --> 00:09:01,166
So you can pay 999 to to stream the film.

203
00:09:01,166 --> 00:09:03,766
You get access to it for seven days or three, login.

204
00:09:03,766 --> 00:09:06,166
So you can share the password that you get with people.

205
00:09:06,166 --> 00:09:09,433
You get an 8.21% discount if you pay on lightning.

206
00:09:09,866 --> 00:09:12,900
And, you know, it's it's it's awesome

207
00:09:12,900 --> 00:09:15,900
for so many reasons because, yeah, I, you know,

208
00:09:16,233 --> 00:09:18,466
everyone always tells me that they appreciate my work

209
00:09:18,466 --> 00:09:19,733
and I appreciate you saying that

210
00:09:19,733 --> 00:09:22,733
because other people need to hear that sometimes to actually go and watch.

211
00:09:23,100 --> 00:09:26,566
But, you know, all around this is such a Bitcoin project again, like

212
00:09:26,566 --> 00:09:30,866
when you pay to stream the film right now that money is coming straight to me.

213
00:09:31,133 --> 00:09:34,800
There's no platform in the middle, there's no nothing like that, you know,

214
00:09:34,800 --> 00:09:37,666
and probably in the future, I mean, the goal is to get it on Netflix

215
00:09:37,666 --> 00:09:40,800
or somewhere that has a really, really, really mass reach.

216
00:09:42,000 --> 00:09:45,366
And so but for now, like, you can literally directly,

217
00:09:45,700 --> 00:09:49,100
you know, give your money to me and appreciation for the film.

218
00:09:49,100 --> 00:09:51,933
And so, yeah, no more inflation.com.

219
00:09:51,933 --> 00:09:53,300
I think the website's beautiful.

220
00:09:53,300 --> 00:09:55,800
The trailers there are so, so great.

221
00:09:55,800 --> 00:09:58,000
And there's so many really good people in the film.

222
00:09:58,000 --> 00:10:00,366
I mean, from bitcoiners to non bitcoiners

223
00:10:00,366 --> 00:10:02,900
know Graham Hancock in there talking about foreign aid.

224
00:10:02,900 --> 00:10:03,866
He wrote a book about it

225
00:10:03,866 --> 00:10:07,033
in 1989 that Alex Gladstone took a lot of inspiration from.

226
00:10:07,033 --> 00:10:10,033
I didn't know until I read Gladstone's Hidden Repression book.

227
00:10:10,600 --> 00:10:13,300
Robert Malone's in there, who was more known for,

228
00:10:13,300 --> 00:10:16,400
developing the mRNA technology and speaking out during Covid.

229
00:10:16,600 --> 00:10:19,266
But he's like,

230
00:10:19,266 --> 00:10:21,433
really fascinated with hyperinflation

231
00:10:21,433 --> 00:10:24,433
and like, totalitarian regimes and how those things go together.

232
00:10:24,600 --> 00:10:25,766
And so he speaks on that.

233
00:10:25,766 --> 00:10:29,900
You got toward a mr., a rockstar death, you know, Texas Slam, Alex Glass,

234
00:10:29,900 --> 00:10:31,266
you got a bunch of people in there.

235
00:10:31,266 --> 00:10:33,033
It's, it's. Yeah.

236
00:10:33,033 --> 00:10:34,633
So definitely check it out.

237
00:10:35,933 --> 00:10:36,500
Yeah, definitely.

238
00:10:36,500 --> 00:10:37,366
What did you say?

239
00:10:37,366 --> 00:10:40,366
8.21% discount?

240
00:10:41,200 --> 00:10:43,100
Sure. Did.

241
00:10:43,100 --> 00:10:45,233
I thought you would appreciate that. I yeah.

242
00:10:45,233 --> 00:10:47,033
I, I didn't just change it for the show.

243
00:10:47,033 --> 00:10:49,166
You know, it's been like that, so.

244
00:10:49,166 --> 00:10:50,700
Fantastic. Fantastic.

245
00:10:50,700 --> 00:10:52,400
Oh, I love it.

246
00:10:52,400 --> 00:10:53,633
Yeah.

247
00:10:53,633 --> 00:10:56,166
You mentioned zap, right?

248
00:10:56,166 --> 00:10:57,266
There.

249
00:10:57,266 --> 00:10:58,766
How does that work?

250
00:10:58,766 --> 00:11:01,066
Okay, tell us more about that, please.

251
00:11:01,066 --> 00:11:01,800
You pay zap, right?

252
00:11:01,800 --> 00:11:04,466
$25 a month and then zap, right?

253
00:11:04,466 --> 00:11:06,400
Lets you connect a bunch of different services.

254
00:11:06,400 --> 00:11:10,500
So, for example, I can have my own lightning node running, but,

255
00:11:11,533 --> 00:11:12,866
you know, I didn't go through all of that.

256
00:11:12,866 --> 00:11:15,866
What I have is I have my zap right connected to my strike.

257
00:11:16,066 --> 00:11:18,933
So technically, you know, there's some custodian there.

258
00:11:18,933 --> 00:11:22,066
It could be more sovereign, but super easy, like,

259
00:11:22,400 --> 00:11:24,666
connect it to my strike in, like, five seconds. Right.

260
00:11:24,666 --> 00:11:28,533
And then all of a sudden, now when, when I check out,

261
00:11:29,166 --> 00:11:31,400
you know, I can select the lightning or the Bitcoin options

262
00:11:31,400 --> 00:11:34,866
in terms of credit cards because it all the website takes cards to zap, right.

263
00:11:34,866 --> 00:11:39,933
Connects to stripe, stripe which is more of a Fiat rail.

264
00:11:40,133 --> 00:11:40,533
Right.

265
00:11:40,533 --> 00:11:43,566
And so basically, yeah, I set up a stripe account,

266
00:11:43,566 --> 00:11:47,400
I set up a strike account and then zap, right.

267
00:11:47,400 --> 00:11:49,833
Lets me connected those within a few seconds.

268
00:11:49,833 --> 00:11:50,700
Zap. Right.

269
00:11:50,700 --> 00:11:54,300
Like has a plugin for WordPress that connects to WooCommerce.

270
00:11:54,300 --> 00:11:59,266
So now in my WooCommerce dashboard, zap right, is a check out, a payment option.

271
00:11:59,266 --> 00:12:01,900
So I just have to toggle that on and then zap, right.

272
00:12:01,900 --> 00:12:03,566
Takes the rest take takes it from there.

273
00:12:03,566 --> 00:12:07,500
So literally took me like ten minutes to integrate it.

274
00:12:07,933 --> 00:12:12,800
And in my opinion, it's it's like the smoothest checkout process of any

275
00:12:14,033 --> 00:12:16,166
like website in my opinion.

276
00:12:16,166 --> 00:12:17,900
I have given them feedback.

277
00:12:17,900 --> 00:12:20,900
I think they can do a few things to make sure

278
00:12:20,900 --> 00:12:24,700
the user doesn't have to scroll at all during the checkout process.

279
00:12:24,700 --> 00:12:27,700
Currently, the user has to do just a little bit of scrolling,

280
00:12:27,900 --> 00:12:32,633
but other than that, it's literally like tap, tap, tap and you're done, man.

281
00:12:32,966 --> 00:12:35,666
So zap writes an awesome, awesome tool.

282
00:12:35,666 --> 00:12:37,633
I think anybody any Bitcoiners out there,

283
00:12:37,633 --> 00:12:41,900
especially if you want to accept fiat and bitcoin in like a same rail,

284
00:12:41,900 --> 00:12:44,900
like the same checkout process and make it super easy.

285
00:12:45,000 --> 00:12:46,266
It's been super easy for me.

286
00:12:46,266 --> 00:12:48,000
And the guys have also been like,

287
00:12:48,000 --> 00:12:51,300
you know, very encouraging and giving me good energy about the film too.

288
00:12:51,300 --> 00:12:52,666
So I like those guys a lot.

289
00:12:53,933 --> 00:12:54,966
Yeah, no, I think I think the

290
00:12:54,966 --> 00:12:59,433
reason Knute, asked about this was that, like, we have our own kind of,

291
00:12:59,966 --> 00:13:04,800
the website and set up and everything, but we we haven't, we looked at zap, right?

292
00:13:04,800 --> 00:13:08,566
But we couldn't tell, if on the Fiat side, they did euros.

293
00:13:08,566 --> 00:13:11,566
And we're based in in Europe and everything, I think maybe we'll have to,

294
00:13:12,400 --> 00:13:16,733
to look into it, but, but it it it does everything right.

295
00:13:16,733 --> 00:13:18,000
It's, it's fiat.

296
00:13:18,000 --> 00:13:21,266
So credit cards and and bitcoin. Right.

297
00:13:21,266 --> 00:13:24,900
So people can, can pay you in the way that's convenient for them, right?

298
00:13:24,900 --> 00:13:25,233
Yeah.

299
00:13:25,233 --> 00:13:29,100
Like Apple Pay, Google pay Cash App pay like it's all right there.

300
00:13:29,100 --> 00:13:33,000
So anybody who's going to pay with a card it's like couldn't be easier.

301
00:13:33,000 --> 00:13:36,766
So yeah, in my opinion those guys and again they charge you 25 bucks a month.

302
00:13:36,766 --> 00:13:38,600
Right. There's no percentage or anything like that.

303
00:13:38,600 --> 00:13:41,600
So it's like totally worth it to me.

304
00:13:42,066 --> 00:13:43,366
And how about strike

305
00:13:44,333 --> 00:13:44,833
how does that

306
00:13:44,833 --> 00:13:48,966
work in in what countries does it work like.

307
00:13:48,966 --> 00:13:50,566
Because. Right.

308
00:13:50,566 --> 00:13:53,566
It doesn't work in every country yet, right?

309
00:13:53,700 --> 00:13:55,033
Yeah. Exactly. I'm not sure.

310
00:13:55,033 --> 00:13:58,133
I thought they were working like many, many, many countries.

311
00:13:58,133 --> 00:14:00,500
I thought they had rolled out some global thing.

312
00:14:00,500 --> 00:14:04,466
So I'm not sure exactly which countries it works with, but, you know, it's

313
00:14:04,466 --> 00:14:06,300
just like any other custodial wallet, right?

314
00:14:06,300 --> 00:14:08,333
So when a payment comes through and lightning.

315
00:14:08,333 --> 00:14:11,933
I got a notification on my strike that the SATs have hit my account.

316
00:14:12,233 --> 00:14:16,366
And then, you know, once it hits, a million SATs, then I move it on chain.

317
00:14:16,766 --> 00:14:17,800
Okay. Minute by minute.

318
00:14:17,800 --> 00:14:20,066
More like, which countries have you tried it out

319
00:14:20,066 --> 00:14:22,766
in, and where did it fail and where did it work?

320
00:14:22,766 --> 00:14:27,033
000I see I think as the receiver it works period.

321
00:14:27,033 --> 00:14:27,733
Because zap.

322
00:14:27,733 --> 00:14:30,400
Right is generating like a lightning invoice.

323
00:14:30,400 --> 00:14:32,533
So zap right generates a lightning invoice.

324
00:14:32,533 --> 00:14:35,533
Obviously if you have a lightning wallet you're going to pay that.

325
00:14:35,600 --> 00:14:39,300
And so I think it's only, you know, really there's only restricted

326
00:14:39,300 --> 00:14:42,366
if you're trying to create an account and be a receiver on strike.

327
00:14:42,633 --> 00:14:42,900
Right.

328
00:14:42,900 --> 00:14:46,333
Like I could go to Madera and somebody who is in a restricted area

329
00:14:46,333 --> 00:14:49,933
who technically can't use strike can still scan my lightning invoice and pay me.

330
00:14:49,933 --> 00:14:51,000
Right. So,

331
00:14:52,066 --> 00:14:55,000
yeah, that's how that works.

332
00:14:55,000 --> 00:14:55,233
Yeah.

333
00:14:55,233 --> 00:14:56,400
Again, I think I think,

334
00:14:56,400 --> 00:14:59,766
the the intricacies of this, this practicality stuff is like

335
00:14:59,933 --> 00:15:01,866
we just share a common, common interest here.

336
00:15:01,866 --> 00:15:06,000
But it's it's it's awesome that people can can go directly and support

337
00:15:06,000 --> 00:15:07,000
you directly.

338
00:15:07,000 --> 00:15:10,166
I mean, this is this is value for value.

339
00:15:10,566 --> 00:15:12,700
I mean, like you're setting a price for your thing

340
00:15:12,700 --> 00:15:15,533
and people have to pay that and everything, but it is direct to you.

341
00:15:15,533 --> 00:15:17,600
There's no there's no middleman.

342
00:15:17,600 --> 00:15:20,300
It's it's awesome. And,

343
00:15:20,300 --> 00:15:21,966
I want to,

344
00:15:21,966 --> 00:15:24,966
my first question is like the top billing,

345
00:15:25,366 --> 00:15:28,500
your advertising is Graham Hancock, which which last time we,

346
00:15:28,600 --> 00:15:33,133
we talked about our shared interest for a lot of his work.

347
00:15:33,600 --> 00:15:37,933
How how was it, talking to him and, making that connection?

348
00:15:38,766 --> 00:15:39,366
Yeah.

349
00:15:40,966 --> 00:15:41,566
You know, I think in

350
00:15:41,566 --> 00:15:44,600
the past, I've been nervous for different interviews.

351
00:15:44,600 --> 00:15:46,600
Not necessarily like they're famous people,

352
00:15:46,600 --> 00:15:48,500
but they're just important interviews, you know?

353
00:15:48,500 --> 00:15:50,866
And I know that I need to get this one.

354
00:15:50,866 --> 00:15:52,500
And so,

355
00:15:52,500 --> 00:15:56,466
I've kind of gone through, you know, failures and successes in that.

356
00:15:56,466 --> 00:16:00,333
And what I took away was to just be present, you know,

357
00:16:00,333 --> 00:16:02,833
prepare the questions, know where you want

358
00:16:02,833 --> 00:16:04,033
the conversation to go,

359
00:16:04,033 --> 00:16:06,600
know what kind of messages you're looking for on this person,

360
00:16:06,600 --> 00:16:10,033
and then just be present and listen, really listen to what they're saying.

361
00:16:10,033 --> 00:16:14,133
And so yeah, with Graham, it was like fortunately like

362
00:16:14,133 --> 00:16:16,400
everything was super smooth.

363
00:16:16,400 --> 00:16:19,066
You know, the thing with him is like

364
00:16:19,066 --> 00:16:20,533
getting him was such a long shot.

365
00:16:20,533 --> 00:16:23,133
I didn't have any connection to him whatsoever, you know.

366
00:16:23,133 --> 00:16:26,166
And I just knew he was going to be in a particular place for a conference.

367
00:16:26,166 --> 00:16:28,466
And I just hung out for days, dude.

368
00:16:28,466 --> 00:16:30,300
Like literally just days, man.

369
00:16:30,300 --> 00:16:34,533
I just hung out and like, you know, and, you know, got his contact information

370
00:16:34,533 --> 00:16:36,500
after talking him for a few seconds and then,

371
00:16:37,500 --> 00:16:40,500
the same thing, when I did the interview,

372
00:16:41,566 --> 00:16:44,366
there was like, we were going to do it at this time, but he ended up, like,

373
00:16:44,366 --> 00:16:48,000
signing books for, like four hours, dude, like fucking four hours.

374
00:16:48,600 --> 00:16:50,266
And then he looked tired, you know?

375
00:16:50,266 --> 00:16:52,133
And I was like, well, I don't want to push him.

376
00:16:52,133 --> 00:16:55,366
And then he, like, disappeared for like two hours.

377
00:16:55,800 --> 00:16:58,800
And then he calls me and he's like, hey, man, sorry about that.

378
00:16:58,800 --> 00:17:02,100
It got kind of crazy, you know, but I'm here, you know, and I'm ready for you.

379
00:17:02,100 --> 00:17:03,300
Come on over here. You know?

380
00:17:03,300 --> 00:17:07,266
So basically it was like the whole time was just me, like, just chilling

381
00:17:07,500 --> 00:17:08,300
and, like, you know,

382
00:17:08,300 --> 00:17:09,166
I think that can

383
00:17:09,166 --> 00:17:12,600
that can create some anxiety and that can make you feel like a fuck man.

384
00:17:12,600 --> 00:17:14,066
Like, you know, I really gotta nail this thing,

385
00:17:14,066 --> 00:17:17,066
but fortunately, I was super calm or super grateful

386
00:17:17,066 --> 00:17:20,100
for the experience and it went really well.

387
00:17:20,100 --> 00:17:22,166
We just had like like anyone else I interview,

388
00:17:22,166 --> 00:17:25,866
I always just try to have a natural conversation, like, you know,

389
00:17:25,866 --> 00:17:27,566
you don't even need to prepare like, you should know

390
00:17:27,566 --> 00:17:29,700
all of these things already that you're going to be discussing.

391
00:17:29,700 --> 00:17:33,166
You shouldn't be discussing anything you don't really know deep down in your soul.

392
00:17:33,600 --> 00:17:36,900
And so, yeah, it was it was a dream come true, man.

393
00:17:36,900 --> 00:17:41,400
And, you know, I think he he also is an artist in a certain way.

394
00:17:41,400 --> 00:17:44,966
You know, he was a journalist and a writer and, I think he looks at me

395
00:17:44,966 --> 00:17:47,966
a younger man and kind of sees himself and,

396
00:17:47,966 --> 00:17:51,300
you know, so I think he likes giving back to people like that and helping.

397
00:17:51,300 --> 00:17:53,300
And so, yeah, it wasn't awesome.

398
00:17:53,300 --> 00:17:57,500
I never, ever, ever thought I would interview Graham Hancock for anything.

399
00:17:57,500 --> 00:18:00,500
So it's, it's pretty cool, man.

400
00:18:00,500 --> 00:18:01,800
It's it was a cool experience.

401
00:18:01,800 --> 00:18:04,900
And like, if people watch the film, you'll see towards the end there's like a

402
00:18:05,433 --> 00:18:08,633
sequence of shots of me, like hugging different interviewees.

403
00:18:09,200 --> 00:18:13,066
And so and that alone is so cool, you know, just to be like, man,

404
00:18:13,066 --> 00:18:14,133
thank you so much.

405
00:18:14,133 --> 00:18:16,800
Or like, you know, hug the guy, like, so awesome.

406
00:18:16,800 --> 00:18:18,733
So yeah, it was it was a dream.

407
00:18:18,733 --> 00:18:21,666
I didn't even know I had come true, man. Pretty awesome.

408
00:18:22,733 --> 00:18:23,000
Yeah.

409
00:18:23,000 --> 00:18:26,066
We often have have similar experiences here.

410
00:18:26,300 --> 00:18:26,900
Doing the show.

411
00:18:26,900 --> 00:18:31,733
I mean, I mean, it's been in this longer but but you know, we've, we've

412
00:18:32,233 --> 00:18:35,100
Bitcoin has taken us a lot of great places

413
00:18:35,100 --> 00:18:38,300
and, and, gotten us in front of a lot of great people.

414
00:18:38,300 --> 00:18:41,166
And for, for you that that sounds like an absolute dream.

415
00:18:41,166 --> 00:18:45,066
Did you, did you stay on topic as in, like, inflation and economics

416
00:18:45,066 --> 00:18:50,266
and and this and that, or did you, cover any of his more interesting subjects?

417
00:18:50,700 --> 00:18:51,600
Yeah, yeah.

418
00:18:51,600 --> 00:18:54,966
So yeah, we definitely we did both of those things.

419
00:18:55,466 --> 00:19:00,833
And so again, he's not necessarily a Bitcoin or he's open minded.

420
00:19:00,833 --> 00:19:01,800
So he is open to it.

421
00:19:01,800 --> 00:19:04,733
He actually was asking me a lot of questions about it.

422
00:19:04,733 --> 00:19:08,100
But you know, I didn't approach him like, hey, I'm making a film about inflation

423
00:19:08,100 --> 00:19:10,933
and bitcoin and foreign aid. You know, you want to be in it.

424
00:19:10,933 --> 00:19:13,666
It wasn't just like, hey, I'm making a film about foreign aid,

425
00:19:13,666 --> 00:19:16,200
you know, like, that's what the film is about.

426
00:19:16,200 --> 00:19:19,200
And, and in his segment, it is about that.

427
00:19:19,300 --> 00:19:22,500
And so, that that's how I think I was able to get some of

428
00:19:22,500 --> 00:19:25,666
these people involved was like, look, I don't need you to talk about Bitcoin.

429
00:19:25,666 --> 00:19:28,033
I don't need you to talk about inflation.

430
00:19:28,033 --> 00:19:29,400
I just need you to talk about foreign aid.

431
00:19:30,633 --> 00:19:33,600
And then of course, though, like, you know,

432
00:19:33,600 --> 00:19:36,366
in keeping the conversation casual and natural,

433
00:19:36,366 --> 00:19:41,433
when his brain goes to, you know, archeology or bureaucracy

434
00:19:41,433 --> 00:19:46,000
or war or psychedelics, and I go with him for a bit, right?

435
00:19:46,000 --> 00:19:49,200
Like, okay, let him develop that and then I can bring it back.

436
00:19:49,200 --> 00:19:52,700
So, yeah, if you go to no more inflation.com

437
00:19:52,700 --> 00:19:54,666
and you watch the trailer and you click on the title,

438
00:19:54,666 --> 00:19:57,733
that'll take you to my YouTube channel, there's a,

439
00:19:58,800 --> 00:20:01,233
21 probably it's a 21

440
00:20:01,233 --> 00:20:04,233
minute interview, extended interview with Graham,

441
00:20:04,300 --> 00:20:07,433
where we go through like his history, a lot of people don't even know

442
00:20:07,433 --> 00:20:09,300
he wrote a book about foreign aid. Right.

443
00:20:09,300 --> 00:20:12,333
But he actually started as a journalist working in Africa, working

444
00:20:12,333 --> 00:20:15,600
on, like, the wealth gap between the, you know, the developing countries.

445
00:20:15,966 --> 00:20:20,733
And, and it was his work over there, actually, that introduced him

446
00:20:20,733 --> 00:20:21,833
to Ethiopia's claim

447
00:20:21,833 --> 00:20:25,833
for the lost Ark of the covenant, and then that put him on the path of archeology.

448
00:20:25,833 --> 00:20:28,566
So his first big book was about foreign aid.

449
00:20:28,566 --> 00:20:32,433
And then after that, it was just like, oh, you know, ancient civilizations

450
00:20:32,433 --> 00:20:33,833
and psychedelics and stuff.

451
00:20:33,833 --> 00:20:37,800
So he details that history a bit and he talks about, you know, just

452
00:20:37,800 --> 00:20:41,233
bureaucracy and general war, psychedelics and a bunch of other stuff.

453
00:20:41,233 --> 00:20:41,666
So, yeah,

454
00:20:41,666 --> 00:20:45,000
if you're a Graham Hancock fan, definitely go check out that interview there.

455
00:20:45,000 --> 00:20:47,333
You'll you'll really like it.

456
00:20:47,333 --> 00:20:48,000
Now you got it.

457
00:20:48,000 --> 00:20:50,500
I actually had no idea you had the extended interview up.

458
00:20:50,500 --> 00:20:52,300
I'll be watching it.

459
00:20:52,300 --> 00:20:54,300
Not tonight, tomorrow or something like that, but,

460
00:20:55,500 --> 00:20:57,300
Yeah, man, that's that's fantastic.

461
00:20:57,300 --> 00:21:01,800
And, well, do you know if he's if he's seen the finished product?

462
00:21:02,400 --> 00:21:03,633
Like, I assume you do,

463
00:21:03,633 --> 00:21:06,066
at least let him know that it was it was out and everything.

464
00:21:06,066 --> 00:21:07,100
Right?

465
00:21:07,100 --> 00:21:09,133
Yeah. I mean, that's a whole nother hurdle, right?

466
00:21:09,133 --> 00:21:10,866
It was like actually coming to the point of like,

467
00:21:10,866 --> 00:21:12,900
hey, look, this is the whole scope of the project,

468
00:21:12,900 --> 00:21:15,233
and I just want to make sure you're cool with it. Right.

469
00:21:15,233 --> 00:21:17,133
That happened a while ago.

470
00:21:17,133 --> 00:21:22,000
But yes, he saw a 20 minute cut, like a refined version of what I show.

471
00:21:22,000 --> 00:21:23,766
What I showed him. Madeira.

472
00:21:23,766 --> 00:21:27,633
He gave some good feedback, and then I don't know if he's seen the all

473
00:21:27,633 --> 00:21:28,500
the final cut.

474
00:21:28,500 --> 00:21:31,200
He's seen, like, the almost final cut.

475
00:21:31,200 --> 00:21:35,000
So, Yeah, he he seemed really happy with it.

476
00:21:35,033 --> 00:21:37,900
You know, he could relate with it because, you know,

477
00:21:37,900 --> 00:21:40,833
he knows that when he was younger, he was able to afford

478
00:21:40,833 --> 00:21:43,900
a house and start having a family at 30 years old on his income.

479
00:21:44,200 --> 00:21:47,533
And now he's just seeing his kids who are like, you know, getting into their 40s,

480
00:21:48,033 --> 00:21:50,633
finally able to do it and like, barely,

481
00:21:50,633 --> 00:21:54,900
like just barely, you know, so, I mean, he can relate with it too. And,

482
00:21:56,066 --> 00:21:56,633
yeah, you know, he's

483
00:21:56,633 --> 00:21:59,800
expressed interest in helping me, you know, get the film out there.

484
00:22:00,000 --> 00:22:03,133
And so, I'm just being patient, you know, that's kind of one of those things

485
00:22:03,133 --> 00:22:05,500
where you just you're just patient and you wait.

486
00:22:05,500 --> 00:22:08,500
And so, either way, though, you know,

487
00:22:08,733 --> 00:22:12,633
yeah, I'm super grateful for his time and like, like, you know, as you get older,

488
00:22:12,633 --> 00:22:14,533
I think you have less energy and you have less time.

489
00:22:14,533 --> 00:22:16,666
And he's a busy guy, and he must have literally been

490
00:22:16,666 --> 00:22:19,033
working on season two of Ancient Apocalypse because,

491
00:22:19,033 --> 00:22:20,400
you know, he just finished it recently.

492
00:22:20,400 --> 00:22:23,900
So if he squeezed me in, like, it's so cool, man.

493
00:22:24,533 --> 00:22:26,366
But yeah, he has seen it.

494
00:22:26,366 --> 00:22:27,866
He seems to enjoy it.

495
00:22:27,866 --> 00:22:31,633
And I think it's just a matter of, you know, inflation isn't going anywhere

496
00:22:31,633 --> 00:22:33,000
and Bitcoin isn't going anywhere, right?

497
00:22:33,000 --> 00:22:36,000
So I think there's some price, Bitcoin price,

498
00:22:36,000 --> 00:22:39,000
USD price that like Graham Hancock is going to be messaging me again.

499
00:22:39,000 --> 00:22:39,200
Right.

500
00:22:39,200 --> 00:22:42,533
Like hey, I just saw bitcoins at $150,000.

501
00:22:42,800 --> 00:22:43,866
Thought about you.

502
00:22:43,866 --> 00:22:45,633
We need to talk about this. You know.

503
00:22:45,633 --> 00:22:48,233
So that's one of the great things I guess I'm doing.

504
00:22:48,233 --> 00:22:52,133
Something in Bitcoin is like Bitcoin and especially the price for normies

505
00:22:52,133 --> 00:22:54,200
that becomes like a your cheerleader, right?

506
00:22:54,200 --> 00:22:56,300
It becomes your marketer forever.

507
00:22:56,300 --> 00:22:57,866
So, it's pretty cool.

508
00:22:59,333 --> 00:22:59,533
Yeah.

509
00:22:59,533 --> 00:23:01,233
I'm, rooting for you on that one.

510
00:23:01,233 --> 00:23:04,833
That, he, he gets back in contact and wants to talk more.

511
00:23:05,766 --> 00:23:10,433
But so, so, I'm, I'm also interested sort of in the two parts of the film, like

512
00:23:10,900 --> 00:23:15,433
how did you build up the, the inflation case basically because,

513
00:23:15,666 --> 00:23:18,966
you know, for, for us Bitcoiners, it's it's pretty self-evident

514
00:23:18,966 --> 00:23:22,133
at this point, you know, that inflation is a problem.

515
00:23:22,133 --> 00:23:25,166
And even even normies like they, they see it's happening.

516
00:23:25,166 --> 00:23:25,533
Right.

517
00:23:25,533 --> 00:23:30,000
But but how did you tell the story about what's going on.

518
00:23:30,700 --> 00:23:31,133
Right.

519
00:23:31,133 --> 00:23:33,500
So I think inflation is a scary thing.

520
00:23:33,500 --> 00:23:36,500
It's probably one of those things in life that you don't want to think about.

521
00:23:36,933 --> 00:23:39,300
You know, it's like a lot in a lot of ways, it's like death.

522
00:23:39,300 --> 00:23:41,800
It's like inevitable.

523
00:23:41,800 --> 00:23:43,266
But you don't want to believe it's true.

524
00:23:43,266 --> 00:23:46,200
At least not for you. Like, you know, like I'm not going to die.

525
00:23:46,200 --> 00:23:46,900
Never going to die.

526
00:23:48,066 --> 00:23:51,066
And so the way I presented it was just kind of like

527
00:23:51,600 --> 00:23:55,133
if the average person actually thought about it,

528
00:23:55,133 --> 00:23:58,233
what would be their logical sequence of questions.

529
00:23:58,400 --> 00:23:59,533
Right.

530
00:23:59,533 --> 00:24:03,300
And so the first question that the film really poses is like,

531
00:24:04,700 --> 00:24:07,700
like if this doesn't stop,

532
00:24:07,766 --> 00:24:10,200
what how does like, what does life look like next?

533
00:24:10,200 --> 00:24:11,400
Right.

534
00:24:11,400 --> 00:24:16,233
And so the film starts in like Western countries with single digit inflation.

535
00:24:16,233 --> 00:24:19,600
So you hear from Yoni Apple Berg and he's talking about life in Sweden

536
00:24:19,600 --> 00:24:24,166
and said money from Canada and Monica Bora from, you know, the US and,

537
00:24:24,433 --> 00:24:27,766
and it's what we all feel in the Western countries, right.

538
00:24:27,966 --> 00:24:30,766
Hard to afford a family, hard to afford a house.

539
00:24:30,766 --> 00:24:32,833
Food's starting to get kind of expensive.

540
00:24:32,833 --> 00:24:36,033
Like, really now just starting to barely make ends meet.

541
00:24:36,966 --> 00:24:39,000
Okay, but what next?

542
00:24:39,000 --> 00:24:41,366
Like, if this thing doesn't stop, right? Like what?

543
00:24:41,366 --> 00:24:42,400
What happens?

544
00:24:42,400 --> 00:24:44,200
And so we go into Jamaica where there's double

545
00:24:44,200 --> 00:24:46,600
digit inflation, where you're skipping meals, right?

546
00:24:46,600 --> 00:24:50,533
There's there's more, health issues, like less

547
00:24:50,533 --> 00:24:54,500
hope in general because it's like, you know, this thing's not going away.

548
00:24:54,533 --> 00:24:56,100
Right? So let me go.

549
00:24:56,100 --> 00:25:00,433
Triple digit inflation in Argentina, quadruple digit in Venezuela.

550
00:25:00,433 --> 00:25:04,133
And like, you know, the Weimar Republic. And

551
00:25:05,100 --> 00:25:06,900
and so

552
00:25:06,900 --> 00:25:10,366
the next question is, okay, well shit, things get really bad.

553
00:25:10,366 --> 00:25:12,800
But like, why is this actually happening?

554
00:25:12,800 --> 00:25:15,366
You know, what is causing the inflation.

555
00:25:15,366 --> 00:25:17,966
And it's obviously just as simple as money printing.

556
00:25:17,966 --> 00:25:20,400
So it covers that and the gold standard a bit.

557
00:25:20,400 --> 00:25:23,400
And it also covers like, well if it's just money printing,

558
00:25:23,400 --> 00:25:25,066
why are they printing it like this is the same.

559
00:25:25,066 --> 00:25:28,000
Like these questions like this is what I was hearing from normal people.

560
00:25:28,000 --> 00:25:28,866
Literally. Right?

561
00:25:28,866 --> 00:25:30,633
I'm like, yeah, because they're getting it.

562
00:25:30,633 --> 00:25:32,300
You know, they're deciding where to spend it.

563
00:25:32,300 --> 00:25:34,500
Like they're actually the ones receiving it.

564
00:25:34,500 --> 00:25:37,200
And so the film goes into where this money is spent

565
00:25:37,200 --> 00:25:41,333
and the majority of spent in war, health, which also relates to food,

566
00:25:41,600 --> 00:25:45,066
foreign aid, like there's so much debt, right, like that that,

567
00:25:45,333 --> 00:25:48,333
developing countries and all countries but developing countries have

568
00:25:48,466 --> 00:25:51,000
and then of course, bailouts. And so,

569
00:25:52,100 --> 00:25:54,300
that's kind of how I present inflation.

570
00:25:54,300 --> 00:25:55,633
Like, this is what it looks like

571
00:25:55,633 --> 00:25:59,066
as it gets worse, money printing is why it's happening.

572
00:25:59,533 --> 00:26:02,533
This is where that money is being spent.

573
00:26:02,666 --> 00:26:05,433
And every money that's ever been printed

574
00:26:05,433 --> 00:26:09,166
always ends in like, disaster, absolute disaster.

575
00:26:09,166 --> 00:26:11,266
And that's where we're heading.

576
00:26:11,266 --> 00:26:16,000
And so that perfectly segues us into Bitcoin where, you know we think okay

577
00:26:16,033 --> 00:26:16,400
fine.

578
00:26:16,400 --> 00:26:19,833
If inflation if this inflation thing is simply due to money printing,

579
00:26:20,266 --> 00:26:23,100
then what if we had a money that couldn't be printed.

580
00:26:23,100 --> 00:26:27,133
And so the film, the same characters that we're explaining life

581
00:26:27,133 --> 00:26:29,466
and how difficult it is with inflation in these different countries

582
00:26:29,466 --> 00:26:32,000
and how it's impacting all of these different areas

583
00:26:32,000 --> 00:26:34,266
in our life, like war and health and so on.

584
00:26:34,266 --> 00:26:37,666
They opine on what life might be like if there was no inflation.

585
00:26:37,666 --> 00:26:39,466
So like a regular lady in Jamaica is like, hey,

586
00:26:39,466 --> 00:26:42,133
I go to the store and a milk, milk is a dollar today

587
00:26:42,133 --> 00:26:44,800
and it's a dollar tomorrow and it's a dollar next year.

588
00:26:44,800 --> 00:26:46,833
Wow, that's a mazing.

589
00:26:46,833 --> 00:26:47,166
It's like,

590
00:26:47,166 --> 00:26:50,700
I don't know if that's actually a real sounds like a utopian world, right.

591
00:26:51,033 --> 00:26:54,166
And it's just it's so crazy that that is actually a crazy thought

592
00:26:54,466 --> 00:26:57,466
that milk would stay the same price, you know?

593
00:26:57,466 --> 00:26:59,866
And the film, of course, doesn't even touch on deflation.

594
00:26:59,866 --> 00:27:01,800
I feel like that's just too mind blowing.

595
00:27:01,800 --> 00:27:04,800
Like people would be like, okay, now you're talking about fucking magic

596
00:27:04,800 --> 00:27:06,566
and wizards and shit. You know what I mean?

597
00:27:06,566 --> 00:27:09,566
So no more inflation, I think was the line for now.

598
00:27:10,066 --> 00:27:13,266
So anyway, that's how we segue into Bitcoin, and the film

599
00:27:13,300 --> 00:27:15,800
briefly describes why Bitcoin can't be printed.

600
00:27:15,800 --> 00:27:19,133
And then it knocks out the common things that I would hear from people.

601
00:27:19,133 --> 00:27:21,500
But like okay, well doesn't it use a lot of energy.

602
00:27:21,500 --> 00:27:24,066
Why is it doing that isn't that bad for the earth?

603
00:27:24,066 --> 00:27:25,800
I heard criminals are using it.

604
00:27:25,800 --> 00:27:27,666
Oh man. But like, it always goes up and down.

605
00:27:27,666 --> 00:27:30,533
Up and down, up and down like a. I don't know if I can feel comfortable.

606
00:27:30,533 --> 00:27:33,933
And so really, that's how the whole film is presented, is like

607
00:27:33,933 --> 00:27:38,633
the most common sequence of questions that I've heard from people.

608
00:27:39,933 --> 00:27:43,233
And then literally just, yeah, going and finding stories to, to tell that.

609
00:27:43,233 --> 00:27:47,800
So yeah, that's kind of how I presented it, man. Mr..

610
00:27:48,400 --> 00:27:49,366
Hello there.

611
00:27:49,366 --> 00:27:53,800
And here's how to use code infinity like everywhere on the internet.

612
00:27:54,333 --> 00:27:57,700
For instance for the MicroStrategy

613
00:27:57,900 --> 00:28:03,000
Bitcoin for corporations, conference for BTC, frog for BTC.

614
00:28:03,000 --> 00:28:06,666
Hell, we come to Helsinki in August and make sure T goes

615
00:28:07,066 --> 00:28:10,533
stamp seed with your three fantastic little C plates.

616
00:28:11,366 --> 00:28:13,600
You can get the infinite, the over 21

617
00:28:13,600 --> 00:28:16,600
million, this, special plates.

618
00:28:16,766 --> 00:28:20,266
But we collaborated with them and, making,

619
00:28:21,533 --> 00:28:24,200
use code Infinity for a discount.

620
00:28:24,200 --> 00:28:28,700
Same thing goes for our favorite hardware, Walmart B big box.

621
00:28:28,700 --> 00:28:31,166
So to the spirit box, dot Swiss.

622
00:28:31,166 --> 00:28:33,800
So get that,

623
00:28:33,800 --> 00:28:37,800
the Bitcoin advisor for bitcoin inheritance planning and so on

624
00:28:37,800 --> 00:28:38,433
and so forth.

625
00:28:38,433 --> 00:28:41,500
And the general advice Bitcoin advisor.com.

626
00:28:42,066 --> 00:28:45,266
And make sure to like subscribe and brush your feet and all that

627
00:28:45,266 --> 00:28:49,533
for the Bitcoin infinity.com and get some stuff and some books.

628
00:28:50,700 --> 00:28:52,766
Great to have you here.

629
00:28:52,766 --> 00:28:56,900
You know, this reminds me of one of the first things like

630
00:28:56,900 --> 00:29:02,366
this is pre bitcoin, stuff like that I found on, on YouTube something,

631
00:29:02,933 --> 00:29:06,433
and even before like the site guys movies

632
00:29:06,433 --> 00:29:11,233
if you remember those where, where where a guy perfectly describes the problem.

633
00:29:11,233 --> 00:29:15,266
But then the solution is commie utopia and it doesn't really work you know.

634
00:29:15,466 --> 00:29:19,300
But but but even before that, there was a little series called

635
00:29:19,300 --> 00:29:21,300
a little Movie called money.

636
00:29:21,300 --> 00:29:24,933
Is that where he explains fractional reserve banking?

637
00:29:24,933 --> 00:29:27,933
The guy explains, fractional reserve banking.

638
00:29:28,266 --> 00:29:31,166
And it's so, and that's like,

639
00:29:31,166 --> 00:29:35,400
I think that played a huge part in why I found Bitcoin.

640
00:29:35,400 --> 00:29:38,400
I was primed for it because I had seen that thing.

641
00:29:39,233 --> 00:29:41,033
And it's it's so simple,

642
00:29:41,033 --> 00:29:44,300
like fractional reserve banking started with,

643
00:29:45,300 --> 00:29:45,666
you know,

644
00:29:45,666 --> 00:29:49,666
gold was used as money, but it was hard and heavy to carry around.

645
00:29:49,666 --> 00:29:54,000
It wasn't very easily divisible, and verifiable and all that.

646
00:29:54,000 --> 00:29:58,166
So instead you took your gold and you stored it in a vault somewhere.

647
00:29:58,166 --> 00:30:01,400
So the guy who owned the vault gave you a receipt?

648
00:30:01,900 --> 00:30:04,700
You. Yeah. I owe you this much gold.

649
00:30:04,700 --> 00:30:09,233
And then people realized they they could trade the receipts

650
00:30:09,233 --> 00:30:10,933
instead of trading the actual gold,

651
00:30:10,933 --> 00:30:13,666
because the receipts didn't wait as much as the gold.

652
00:30:13,666 --> 00:30:15,200
So that's the portability thing.

653
00:30:15,200 --> 00:30:17,333
So that's how fear begins.

654
00:30:17,333 --> 00:30:20,633
People trading receipts for gold so they could redeem the gold

655
00:30:21,166 --> 00:30:24,766
by giving the receipt back until the the banker

656
00:30:24,800 --> 00:30:28,100
realized that he could give out more receipts than he actually had,

657
00:30:28,766 --> 00:30:32,433
gold in the vault because the the risk that everyone would,

658
00:30:33,133 --> 00:30:36,900
withdraw their gold at the same time was extremely low.

659
00:30:37,600 --> 00:30:38,566
So he could do this.

660
00:30:38,566 --> 00:30:41,566
It could print more bills than he actually had gold in it

661
00:30:41,733 --> 00:30:44,900
in its vaults, which, of course made the banker extremely rich.

662
00:30:45,433 --> 00:30:48,700
And he could promise like, interest and stuff on this, like,

663
00:30:49,300 --> 00:30:51,466
which he created out of thin air.

664
00:30:51,466 --> 00:30:54,266
So, so he was getting getting the customers

665
00:30:54,266 --> 00:30:58,066
in on the scheme without them knowing that they were in on the scheme

666
00:30:58,066 --> 00:31:02,366
because he could pay them interest, because the interest wasn't really there.

667
00:31:02,366 --> 00:31:04,733
It was just conjured out the thing there.

668
00:31:04,733 --> 00:31:07,500
So this is how the monetary bill comes into being.

669
00:31:08,866 --> 00:31:10,033
And of course, when you had

670
00:31:10,033 --> 00:31:13,033
competing monies under competing,

671
00:31:13,933 --> 00:31:16,700
bankers,

672
00:31:16,700 --> 00:31:18,466
every once in a while there was a bank run

673
00:31:18,466 --> 00:31:22,933
and everyone decided that, oh, holy shit, this guy is probably up to no good.

674
00:31:22,933 --> 00:31:25,933
What if we all withdraw our gold at the same time

675
00:31:26,000 --> 00:31:29,900
and then, the guy had to flee because he got, like,

676
00:31:30,633 --> 00:31:33,166
lynch mob with pitchforks and torches after him

677
00:31:33,166 --> 00:31:36,433
because they realized that he'd been fucking people over for a long time.

678
00:31:36,800 --> 00:31:38,833
And this happened,

679
00:31:38,833 --> 00:31:42,200
on many occasions in many countries over and over again

680
00:31:42,766 --> 00:31:45,766
until the invention of the central bank, which is actually

681
00:31:45,866 --> 00:31:49,233
which is basically an institution that saves the asshole

682
00:31:49,700 --> 00:31:52,300
from the people who just want their money back.

683
00:31:52,300 --> 00:31:53,833
But but at the end of the day,

684
00:31:54,966 --> 00:31:57,733
all inflation is theft.

685
00:31:57,733 --> 00:31:59,066
There is no way around that.

686
00:31:59,066 --> 00:32:03,133
If you can't redeem the receipt for the gold that you put into the bank

687
00:32:03,933 --> 00:32:08,966
you were being stolen from, and there's there's no middle ground whatsoever.

688
00:32:08,966 --> 00:32:11,933
If if this banker prints

689
00:32:11,933 --> 00:32:16,600
a single dollar more than he has in his vaults, then it's fraud.

690
00:32:17,300 --> 00:32:20,300
And every bank in the world does.

691
00:32:20,400 --> 00:32:22,700
It's, It's just mind blowing.

692
00:32:22,700 --> 00:32:27,033
We're all being fucked over because we're being stolen from at all times.

693
00:32:27,500 --> 00:32:30,500
And Bitcoin is the remedy because you can print more of it.

694
00:32:30,533 --> 00:32:32,200
It's even better than gold.

695
00:32:32,200 --> 00:32:36,500
Because gold, if the gold price goes up, people will find more gold.

696
00:32:37,066 --> 00:32:40,066
With Bitcoin, it doesn't matter because you have the difficulty.

697
00:32:40,866 --> 00:32:42,766
Adjustment algorithm and yep.

698
00:32:42,766 --> 00:32:44,200
Have you seen that later.

699
00:32:44,200 --> 00:32:47,200
The latest meme around that was so great.

700
00:32:47,300 --> 00:32:50,600
It's like a Venn diagram on, I think I saw it on Twitter.

701
00:32:52,033 --> 00:32:53,833
There's like, people who

702
00:32:53,833 --> 00:32:58,200
oppose Bitcoin and people who understand the difficulty adjustment algorithm.

703
00:32:58,566 --> 00:33:01,266
And in the intersection, there's a very thin intersection.

704
00:33:01,266 --> 00:33:04,266
It's like no one I've ever met.

705
00:33:05,866 --> 00:33:06,633
Like,

706
00:33:06,633 --> 00:33:09,900
because if you understand the difficulty adjustment algorithm,

707
00:33:09,900 --> 00:33:13,300
you cannot be against Bitcoin like you cannot.

708
00:33:13,733 --> 00:33:16,466
There is no way of understanding this thing

709
00:33:16,466 --> 00:33:18,733
and having arguments against Bitcoin.

710
00:33:18,733 --> 00:33:20,300
It just doesn't work.

711
00:33:20,300 --> 00:33:23,300
If you understand the difficulty adjustment,

712
00:33:23,533 --> 00:33:25,700
algorithm, you understand

713
00:33:25,700 --> 00:33:29,333
why Bitcoin is the remedy to inflation because you understand.

714
00:33:29,966 --> 00:33:32,966
You understand everything divided by 21 million, right?

715
00:33:33,100 --> 00:33:35,300
You understand that this is unstoppable.

716
00:33:35,300 --> 00:33:37,733
You understand why you can print more of it.

717
00:33:37,733 --> 00:33:40,066
And it's just for the first time in history,

718
00:33:40,066 --> 00:33:44,033
we have something that is tamper proof and that is asshole proof.

719
00:33:45,100 --> 00:33:47,000
And we've never had that in money.

720
00:33:47,000 --> 00:33:49,000
It's always been abused.

721
00:33:50,000 --> 00:33:50,700
And which

722
00:33:50,700 --> 00:33:53,700
means that like 5000 years of history is

723
00:33:54,600 --> 00:33:57,333
it is like,

724
00:33:57,333 --> 00:34:01,900
there's so much misinformation in it because the winner writes history, right?

725
00:34:01,900 --> 00:34:04,900
And the winner always had a

726
00:34:05,600 --> 00:34:08,366
a certain percentage of ass

727
00:34:08,366 --> 00:34:11,366
holiness that took them where they went, like, like

728
00:34:11,533 --> 00:34:15,333
because they were founded, funded like all wars

729
00:34:15,633 --> 00:34:19,666
were funded and prolonged by inflation to one to to some extent,

730
00:34:20,133 --> 00:34:23,333
like the the First World War is called the Great War.

731
00:34:23,333 --> 00:34:26,166
At the time, it arguably never ended.

732
00:34:26,166 --> 00:34:30,500
It's a war between the governments of the world and their populations,

733
00:34:30,500 --> 00:34:33,500
and it's still ongoing because they're still stealing from us.

734
00:34:34,000 --> 00:34:35,133
They're still the assholes.

735
00:34:35,133 --> 00:34:38,166
They're still just fucking stealing our stuff through this

736
00:34:38,866 --> 00:34:41,200
evil scheme that never ends.

737
00:34:41,200 --> 00:34:44,766
And we've been living in it for so many generations now that it took

738
00:34:44,766 --> 00:34:47,966
like a genius, like Satoshi Nakamoto to like, finally

739
00:34:47,966 --> 00:34:52,000
pop that stupid bubble that everyone's been

740
00:34:52,000 --> 00:34:55,633
living in forever and ever, like most of the world still believes in it.

741
00:34:55,766 --> 00:34:59,200
It's just a handful of bitcoiners here and there that actually get it

742
00:34:59,633 --> 00:35:02,366
and that actually are trying to get out of it.

743
00:35:02,366 --> 00:35:04,666
But at the end of the day, it's all theft.

744
00:35:04,666 --> 00:35:06,766
We're all just being abused.

745
00:35:06,766 --> 00:35:08,533
Who? Rape victims, for fuck's sake.

746
00:35:09,666 --> 00:35:10,033
Yeah.

747
00:35:10,033 --> 00:35:12,200
And of rent. What do you think?

748
00:35:12,200 --> 00:35:12,633
Yeah.

749
00:35:12,633 --> 00:35:17,400
I mean, the crazy thing is it's also like being gaslit at the same time,

750
00:35:17,400 --> 00:35:21,200
because what most people, I mean, now, they're more aware of it, but they weren't

751
00:35:21,200 --> 00:35:22,833
even aware that they're being stolen from it.

752
00:35:22,833 --> 00:35:25,400
It's just like prices go up. It's natural.

753
00:35:25,400 --> 00:35:26,300
It's like gravity.

754
00:35:26,300 --> 00:35:29,866
It's like, you know, the waves and even the people that work at the banks, right.

755
00:35:29,866 --> 00:35:33,500
Like these mortgage brokers and people that deal and, you know,

756
00:35:34,100 --> 00:35:36,800
paperwork for debt, like, a lot, a lot of them don't

757
00:35:36,800 --> 00:35:39,966
even connect the dots that they're the ones contributing to inflation.

758
00:35:39,966 --> 00:35:43,700
So the abusers, many of them, most of them

759
00:35:43,700 --> 00:35:47,133
probably are actually aware of what they're doing.

760
00:35:47,133 --> 00:35:48,700
It's like a beautiful scam.

761
00:35:48,700 --> 00:35:50,766
It's it's a beautiful, beautiful scam.

762
00:35:50,766 --> 00:35:52,600
It's the best scam ever, man.

763
00:35:52,600 --> 00:35:56,966
And, I think the first iteration of Fiat was like,

764
00:35:56,966 --> 00:36:00,000
paper was in China and like the 1600s or something like that.

765
00:36:00,233 --> 00:36:02,800
And this dude had a kingdom where, like,

766
00:36:02,800 --> 00:36:06,866
if you ever brought any goods in from out of the kingdom, you had to go

767
00:36:06,866 --> 00:36:10,500
take it to him and he would give you the paper value of it in exchange.

768
00:36:10,600 --> 00:36:12,366
So he amassed like,

769
00:36:12,366 --> 00:36:16,100
you know, all of this beautiful jewelry and all these assets and everything.

770
00:36:16,100 --> 00:36:20,100
And again, like the people didn't understand what was happening.

771
00:36:20,400 --> 00:36:22,666
So yeah, it is theft.

772
00:36:22,666 --> 00:36:25,666
And again, it's a gaslighting too, because then, of course,

773
00:36:25,866 --> 00:36:31,000
like anybody who's being stolen from consistently and more and more over

774
00:36:31,000 --> 00:36:34,266
time, you're going to be upset, you're going to be irritated.

775
00:36:34,266 --> 00:36:37,433
Your life is probably going to be more difficult to be kept together,

776
00:36:37,566 --> 00:36:41,200
and that's going to cause a bunch of other issues, like, in my opinion,

777
00:36:41,833 --> 00:36:44,833
the way I see it, it's a very simple storyline.

778
00:36:45,666 --> 00:36:48,100
The government prints money to go to war.

779
00:36:48,100 --> 00:36:50,066
They know it's going to cause inflation,

780
00:36:50,066 --> 00:36:54,566
so then they start making food cheaper, which causes more health problems.

781
00:36:54,566 --> 00:36:56,766
Oh shit, there's still in dollars inflation.

782
00:36:56,766 --> 00:36:57,933
We need to have cheap goods.

783
00:36:57,933 --> 00:37:01,066
So we need to go to these other countries and then like, you know, loan them

784
00:37:01,066 --> 00:37:04,733
money to produce the things that we want over here.

785
00:37:04,833 --> 00:37:06,533
Oh fuck. That causes more inflation.

786
00:37:06,533 --> 00:37:09,533
Then you have a bubble, you know, and then you bail out and then you bail out.

787
00:37:09,533 --> 00:37:14,600
It's like like literally the root of all of it to me is just seems like war.

788
00:37:14,600 --> 00:37:17,900
It's like just you want to go to war, you want to go to war,

789
00:37:17,900 --> 00:37:21,200
you want to spend all this money and it's going to cause inflation

790
00:37:21,200 --> 00:37:23,300
and you know, it's going to cause inflation.

791
00:37:23,300 --> 00:37:25,700
And so all of this is you pulling all these levers

792
00:37:25,700 --> 00:37:26,900
and pulling all these Band-Aids

793
00:37:26,900 --> 00:37:30,800
and all these things, thinking that you can run the whole world.

794
00:37:31,066 --> 00:37:34,400
You can decide for the whole world and make it a better place

795
00:37:34,400 --> 00:37:35,833
where it's like, okay, no, we can,

796
00:37:35,833 --> 00:37:37,833
you know, we can print and we can have inflation

797
00:37:37,833 --> 00:37:40,933
and we can figure out how to make this shit work for everybody.

798
00:37:40,933 --> 00:37:43,366
Like, it just doesn't work, man.

799
00:37:43,366 --> 00:37:46,066
So yeah, it's it's theft.

800
00:37:46,066 --> 00:37:46,900
Of course it's theft.

801
00:37:46,900 --> 00:37:49,866
It's theft of like, everything you have.

802
00:37:49,866 --> 00:37:53,400
It's like your mind, you know, like most people again,

803
00:37:54,166 --> 00:37:55,700
if you ask the average person,

804
00:37:55,700 --> 00:37:58,566
you know, how would you feel if there was no more inflation?

805
00:37:58,566 --> 00:38:01,666
You know, man, they would feel a ten times better.

806
00:38:02,000 --> 00:38:02,933
No, I mean.

807
00:38:02,933 --> 00:38:05,733
I love these simple questions like that.

808
00:38:05,733 --> 00:38:09,233
That's how you put like that's how you point out that the emperor

809
00:38:09,233 --> 00:38:13,733
is still naked by asking the very the simplest questions you can have.

810
00:38:13,733 --> 00:38:18,800
Like what one we're, proud of having puts in the book is the question, like,

811
00:38:19,066 --> 00:38:22,966
if you if you practice doing something, do you usually get better or worse

812
00:38:22,966 --> 00:38:24,566
at doing that thing

813
00:38:24,566 --> 00:38:28,300
that that's the question we ask, like, and and of course, the answer is

814
00:38:28,300 --> 00:38:30,133
you get better at doing the things otherwise.

815
00:38:30,133 --> 00:38:33,266
Like like that's why you practice in the first place, right?

816
00:38:33,800 --> 00:38:34,100
Yeah.

817
00:38:34,100 --> 00:38:37,100
So so why aren't oil prices falling forever?

818
00:38:37,733 --> 00:38:39,000
That's the follow up question

819
00:38:40,200 --> 00:38:41,233
because that's

820
00:38:41,233 --> 00:38:46,100
like people produce and transport and goods and services.

821
00:38:46,100 --> 00:38:47,466
That's what we do.

822
00:38:47,466 --> 00:38:51,733
We practice doing that by doing it, and then we get better at doing it.

823
00:38:51,733 --> 00:38:52,700
And we get even better

824
00:38:52,700 --> 00:38:56,000
when we trade with one another and form these networks and stuff. So.

825
00:38:56,166 --> 00:38:57,933
So why isn't everything getting cheaper?

826
00:38:57,933 --> 00:39:00,366
It should, it should. Right.

827
00:39:00,366 --> 00:39:03,066
And if you measure in bitcoin it is getting cheaper.

828
00:39:03,066 --> 00:39:05,900
So that is that reality is already here.

829
00:39:05,900 --> 00:39:07,100
It was here all along.

830
00:39:07,100 --> 00:39:10,100
It's just that we didn't have a way of measuring,

831
00:39:10,866 --> 00:39:11,666
property.

832
00:39:11,666 --> 00:39:14,666
So like we've always lived in this

833
00:39:16,100 --> 00:39:17,600
idiotic scheme.

834
00:39:17,600 --> 00:39:22,166
That is when once you see it is so it's so damn hard to unsee.

835
00:39:22,466 --> 00:39:25,933
Like people steal from us by pretending

836
00:39:26,533 --> 00:39:29,533
that a number is higher than it actually is.

837
00:39:29,800 --> 00:39:32,966
And they use that to fund the fucking mass murder.

838
00:39:33,400 --> 00:39:36,400
It's just brutal. And it's so sick.

839
00:39:36,400 --> 00:39:40,266
And the lie is so big, so that everyone like the I think that has

840
00:39:40,266 --> 00:39:43,700
a large role in why people can't see it, because it's like two.

841
00:39:44,600 --> 00:39:45,533
It's two. Horrible.

842
00:39:47,100 --> 00:39:47,400
Yeah.

843
00:39:47,400 --> 00:39:48,166
That's what I mean.

844
00:39:48,166 --> 00:39:51,166
I mean, you see the breaking the brand of the film,

845
00:39:51,266 --> 00:39:53,833
the red in the black is very like horror movie again.

846
00:39:53,833 --> 00:39:56,600
Like when I was thinking, what kind of movie is this?

847
00:39:56,600 --> 00:39:59,300
At least the first half, man. It's a horror movie.

848
00:39:59,300 --> 00:40:01,700
It is like

849
00:40:01,700 --> 00:40:04,766
the things that are doing, man, and things that aren't even included in the film.

850
00:40:04,766 --> 00:40:08,333
I saw this film about foreign aid in Jamaica, about how they were

851
00:40:08,533 --> 00:40:11,766
importing powdered milk, at a subsidized rate.

852
00:40:11,766 --> 00:40:14,633
And so people stopped buying real milk in Jamaica.

853
00:40:14,633 --> 00:40:17,333
And so the dairy farmers out there literally went out of business

854
00:40:17,333 --> 00:40:20,333
and they had to send their cows for slaughter.

855
00:40:20,533 --> 00:40:23,666
You know, used to having this cow as an asset, this, this thing,

856
00:40:23,666 --> 00:40:27,100
maybe it maybe even like a part of you feel like part of your family.

857
00:40:27,100 --> 00:40:31,133
It provides for you, you know, and then no one wants the milk anymore.

858
00:40:31,133 --> 00:40:33,266
So you got to send it to make fucking hamburgers.

859
00:40:33,266 --> 00:40:34,400
Like.

860
00:40:34,400 --> 00:40:35,633
And that's just animals, right?

861
00:40:35,633 --> 00:40:38,633
Not to mention all the wars and all the humans and like, like

862
00:40:39,200 --> 00:40:41,500
so yeah, it's a fucking horror movie, man.

863
00:40:41,500 --> 00:40:44,833
Money printing is, it's causes the most suffering in the world

864
00:40:45,200 --> 00:40:46,366
for sure, hands down.

865
00:40:47,833 --> 00:40:48,033
Yeah.

866
00:40:48,033 --> 00:40:51,033
I saw an interview with Jordan Peele the other day, and,

867
00:40:53,200 --> 00:40:55,700
where he, he's asked the question were like,

868
00:40:55,700 --> 00:40:58,666
what's the difference between a horror movie and a comedy?

869
00:40:58,666 --> 00:41:00,666
Because he went from comedy to horror, right?

870
00:41:00,666 --> 00:41:03,666
And like, the only difference is the music,

871
00:41:04,000 --> 00:41:07,066
like, it's the soundtrack, just change to the soundtrack.

872
00:41:07,066 --> 00:41:08,566
And he's,

873
00:41:08,566 --> 00:41:08,800
Yeah.

874
00:41:08,800 --> 00:41:12,833
And I'm not suggesting you should turn no more inflation into a comedy

875
00:41:12,833 --> 00:41:13,933
because it's not a comedy.

876
00:41:13,933 --> 00:41:14,933
It's actually happening.

877
00:41:14,933 --> 00:41:17,933
So, like, so it is horror.

878
00:41:18,900 --> 00:41:21,700
So I hope Bitcoin is the

879
00:41:21,700 --> 00:41:25,566
well, maybe not comedy, but maybe rom com bromance.

880
00:41:25,566 --> 00:41:27,466
Com I don't know. Yeah.

881
00:41:27,466 --> 00:41:31,133
No I like the funny thing is I love comedy man.

882
00:41:31,133 --> 00:41:34,166
But for whatever reason like I always gravitated towards

883
00:41:34,166 --> 00:41:35,766
more like emotional stories.

884
00:41:35,766 --> 00:41:38,466
I feel like that's what grabbed people more.

885
00:41:38,466 --> 00:41:41,433
And so yeah, definitely

886
00:41:41,433 --> 00:41:44,600
once we get into the Bitcoin side of things, it's much more hopeful.

887
00:41:44,600 --> 00:41:47,200
I mean, not in so many ways.

888
00:41:47,200 --> 00:41:49,700
The film is told through like a narrator.

889
00:41:49,700 --> 00:41:52,933
It's like kind of my story of like, you know, young man in the US

890
00:41:53,866 --> 00:41:55,900
life's getting more and more difficult.

891
00:41:55,900 --> 00:41:58,400
You know, like having, being able to afford

892
00:41:58,400 --> 00:42:01,733
a house and kids, it seems like further and further away.

893
00:42:01,933 --> 00:42:05,233
And so that's kind of the journey that encapsulate this whole film.

894
00:42:05,466 --> 00:42:08,366
And so as we're going through the Bitcoin stuff

895
00:42:08,366 --> 00:42:12,066
and as we reached the end of it, you know, and it's true for me too.

896
00:42:12,066 --> 00:42:16,500
Like you know Bitcoin for me has shown me that there is a way to have a family

897
00:42:16,500 --> 00:42:17,300
and to have a house.

898
00:42:17,300 --> 00:42:20,300
If, if, you know, if I want to buy a house, you know, it depends.

899
00:42:20,300 --> 00:42:22,700
See how fast bitcoin keeps going up. Maybe I'll just keep renting.

900
00:42:22,700 --> 00:42:25,700
But at the time, you know, it was like literally like

901
00:42:25,866 --> 00:42:27,733
if someone doesn't have bitcoin, if they're not

902
00:42:27,733 --> 00:42:30,566
saving their money in bitcoin and they want to buy a house,

903
00:42:30,566 --> 00:42:31,666
it's never going to happen.

904
00:42:31,666 --> 00:42:34,666
Like it's never ever going to happen.

905
00:42:34,766 --> 00:42:39,400
And so, you know, and by by the end of the film, you know,

906
00:42:40,933 --> 00:42:42,466
that's what the narrator's journey is,

907
00:42:42,466 --> 00:42:43,866
you know, he's going through like, you know,

908
00:42:43,866 --> 00:42:46,633
I see this as being a possibility, and it really is true.

909
00:42:46,633 --> 00:42:49,700
Like my journey talking to all these people about inflation

910
00:42:49,700 --> 00:42:53,600
made it more clear in my brain, and about Bitcoin made it more clear in my brain.

911
00:42:53,900 --> 00:42:56,900
And they all all these stories help me, you know,

912
00:42:58,366 --> 00:43:00,633
see have more hope for the future.

913
00:43:00,633 --> 00:43:03,233
Fortunately for me, I learned about all of these money

914
00:43:03,233 --> 00:43:05,566
printing and inflation and spending problems

915
00:43:05,566 --> 00:43:07,900
while I was learning about Bitcoin.

916
00:43:07,900 --> 00:43:13,133
But fuck man, like if I only knew the problems and and there was no solution.

917
00:43:13,133 --> 00:43:16,166
Like I wouldn't want to have kids. Why?

918
00:43:16,700 --> 00:43:18,300
For what man? Like fuck dude.

919
00:43:18,300 --> 00:43:20,300
Like they're going to be breaking rocks, man.

920
00:43:20,300 --> 00:43:25,133
Like shit, you know, like and so anyway, Bitcoin

921
00:43:25,133 --> 00:43:27,033
really gave me that hope of like,

922
00:43:27,033 --> 00:43:28,666
not only is it possible for me to have that,

923
00:43:28,666 --> 00:43:31,233
but there's actually a world that I can put my kids into

924
00:43:31,233 --> 00:43:35,100
where they could actually excel and maybe make the world a better place,

925
00:43:35,366 --> 00:43:36,100
you know? So,

926
00:43:37,666 --> 00:43:40,033
yeah, there's definitely a yin and yang in the film.

927
00:43:40,033 --> 00:43:41,966
The first half is definitely dark.

928
00:43:41,966 --> 00:43:46,233
You know, that was the idea is to draw out as many people into the deep waters,

929
00:43:46,566 --> 00:43:49,333
make them fully understand the weight of the problem.

930
00:43:49,333 --> 00:43:50,900
And this is going to be another one of my sayings.

931
00:43:50,900 --> 00:43:51,866
By the way,

932
00:43:51,866 --> 00:43:57,133
the value of a solution is equal to the size of the problem it fixes, right?

933
00:43:57,133 --> 00:43:59,666
So when people,

934
00:43:59,666 --> 00:44:02,966
when people understand how big of a problem inflation

935
00:44:02,966 --> 00:44:06,766
is, they will understand everything divided by 21 million.

936
00:44:06,766 --> 00:44:07,400
Right.

937
00:44:07,400 --> 00:44:10,400
So yeah, that that's something that stuck in my brain.

938
00:44:10,633 --> 00:44:14,033
Dude, that is such a good that it's such a good saying.

939
00:44:14,033 --> 00:44:18,600
What did you say the value of the solution is equal to the the size of the problem.

940
00:44:18,600 --> 00:44:19,266
It fixes.

941
00:44:20,666 --> 00:44:22,200
That's it a hole.

942
00:44:22,200 --> 00:44:26,166
If you're on a desert and you're fucking about to die, it's a pretty big problem.

943
00:44:26,166 --> 00:44:29,300
You know, a bottle of water is, very valuable.

944
00:44:29,866 --> 00:44:31,033
That's what life.

945
00:44:31,033 --> 00:44:31,833
One life.

946
00:44:31,833 --> 00:44:34,200
That's what if water six is a pretty.

947
00:44:34,200 --> 00:44:36,100
Big fucking problem. That's pretty valuable.

948
00:44:36,100 --> 00:44:38,733
You probably give everything you have, probably give you a foot, you know.

949
00:44:38,733 --> 00:44:41,733
A bit of an ego problem, but still, a problem is okay.

950
00:44:43,766 --> 00:44:45,933
So would you say that no more inflation

951
00:44:45,933 --> 00:44:48,933
is a holiday movie or like a Christmas movie?

952
00:44:49,300 --> 00:44:50,766
Yeah. Yeah, exactly.

953
00:44:50,766 --> 00:44:52,266
I gotta put some Santa scenes in there.

954
00:44:52,266 --> 00:44:55,400
No, but seriously, I think it sounds like a Christmas movie.

955
00:44:55,400 --> 00:44:57,566
It starts out with like, hey, everything sucks.

956
00:44:57,566 --> 00:45:00,300
But then again, everything doesn't suck because we have bitcoin.

957
00:45:00,300 --> 00:45:03,533
Merry Christmas. Like happy solstice Luke.

958
00:45:05,133 --> 00:45:05,633
Yeah.

959
00:45:05,633 --> 00:45:07,800
This is I mean.

960
00:45:07,800 --> 00:45:10,100
It's it's tricky because at the end of the day,

961
00:45:10,100 --> 00:45:13,833
I think what all of this boils down to is personal responsibility.

962
00:45:14,300 --> 00:45:19,000
And it's a fucking that's a deep, difficult topic for a lot of people.

963
00:45:19,000 --> 00:45:21,766
All of these things are difficult topics, you know, like inflation,

964
00:45:21,766 --> 00:45:25,400
like you really want to think about that, especially with Trump and Vivek and Elon.

965
00:45:25,400 --> 00:45:27,000
They're supposed to be cutting stuff, right?

966
00:45:27,000 --> 00:45:30,166
But if they get in there and things

967
00:45:30,166 --> 00:45:33,166
keep going up in price, what are you going to do?

968
00:45:33,166 --> 00:45:35,200
Right? What how is your life going to change?

969
00:45:35,200 --> 00:45:36,933
How are you going to manage it?

970
00:45:36,933 --> 00:45:40,433
No one's thinking about that dude like no one is, because I think it's too scary.

971
00:45:40,600 --> 00:45:42,633
And the same thing, the film.

972
00:45:42,633 --> 00:45:44,366
Anyway, I think it is a good holiday film.

973
00:45:44,366 --> 00:45:45,733
I think you should watch it with your family,

974
00:45:45,733 --> 00:45:47,500
because they should be aware of all these things.

975
00:45:47,500 --> 00:45:52,566
And I think it will deepen your Bitcoin conversations like really, really quickly.

976
00:45:53,200 --> 00:45:56,700
But it does end in personal responsibility that at the end of the day,

977
00:45:57,066 --> 00:46:02,966
this is about you doing your own research and making decisions for yourself.

978
00:46:03,133 --> 00:46:06,133
You know, that's the only way we get out of this thing.

979
00:46:06,133 --> 00:46:08,066
And that's how you know, you want to fight back.

980
00:46:08,066 --> 00:46:09,600
You want to join in this fight.

981
00:46:10,566 --> 00:46:11,533
You don't have to fight anymore.

982
00:46:11,533 --> 00:46:13,766
You just take responsibility for your life.

983
00:46:13,766 --> 00:46:15,066
That's how you fight now.

984
00:46:15,066 --> 00:46:19,100
So anyway, it's a lot of really difficult topics to throw at somebody

985
00:46:19,100 --> 00:46:19,800
during the holidays,

986
00:46:19,800 --> 00:46:23,000
and they're probably getting drunk and trying to forget everything, you know?

987
00:46:23,000 --> 00:46:25,533
But, I don't know, maybe it does segue into a good,

988
00:46:25,533 --> 00:46:30,333
you know, New Year's resolution of I will take more responsibility for my life.

989
00:46:30,566 --> 00:46:33,966
I will understand what this problem of inflation is better,

990
00:46:34,100 --> 00:46:38,133
and I will try to position myself the best I possibly can for whatever

991
00:46:38,133 --> 00:46:39,500
inflation might be coming.

992
00:46:39,500 --> 00:46:42,500
Like there's your fucking New Year's resolution, man.

993
00:46:42,600 --> 00:46:45,500
Empty the gyms. Just think about that.

994
00:46:45,500 --> 00:46:49,866
You know, you just created the perfect ad for the bitcoin Bitcoin

995
00:46:49,866 --> 00:46:53,466
the inverse of clown world because that was like the Tldr on our book.

996
00:46:54,066 --> 00:46:54,866
It really was.

997
00:46:56,900 --> 00:46:57,500
Don't you think so?

998
00:46:57,500 --> 00:46:59,000
Look,

999
00:46:59,000 --> 00:47:01,500
yeah, I absolutely agree when you're saying that I'm just like,

1000
00:47:01,500 --> 00:47:03,000
man, we're so aligned.

1001
00:47:03,000 --> 00:47:05,733
Like and I love that part because it's like,

1002
00:47:05,733 --> 00:47:08,266
we're coming at this like making our own projects

1003
00:47:08,266 --> 00:47:11,266
and and doing this all at kind of the same time.

1004
00:47:11,266 --> 00:47:14,533
And, I mean, I don't know when your film was exactly finished, but, I mean, we

1005
00:47:14,533 --> 00:47:19,100
we finished writing this book back in, I guess May, but

1006
00:47:19,100 --> 00:47:23,766
but like final edits in like June, July and stuff and released in August

1007
00:47:23,766 --> 00:47:25,366
and you're releasing in November and everything.

1008
00:47:25,366 --> 00:47:27,233
So clearly we've got like some of

1009
00:47:27,233 --> 00:47:31,200
the same ideas are kicking around and in our brains, but we're working on

1010
00:47:31,200 --> 00:47:34,966
completely different things, but basically coming to the exact same conclusion.

1011
00:47:35,000 --> 00:47:35,833
I love it, man.

1012
00:47:35,833 --> 00:47:38,833
Ever since the first time we we talked, I know we're all

1013
00:47:38,833 --> 00:47:43,533
like super aligned and on this mission and I just love it.

1014
00:47:43,533 --> 00:47:43,966
And I mean,

1015
00:47:44,900 --> 00:47:45,500
you're you're a

1016
00:47:45,500 --> 00:47:48,833
master filmmaker and we're doing our best with these books and stuff.

1017
00:47:48,833 --> 00:47:51,833
And I really hope that, between all of this,

1018
00:47:52,233 --> 00:47:56,633
our listeners, your viewers, yeah, take up the

1019
00:47:56,633 --> 00:48:00,666
the challenge and, that this really does something good on you, man.

1020
00:48:00,666 --> 00:48:03,133
This is this is really awesome to hear.

1021
00:48:03,133 --> 00:48:03,333
Yeah.

1022
00:48:03,333 --> 00:48:03,900
Thanks, man.

1023
00:48:03,900 --> 00:48:07,633
Again, I, I think, that's why I'm confident in the film.

1024
00:48:07,633 --> 00:48:08,500
Because I feel like.

1025
00:48:08,500 --> 00:48:09,966
And like your book, too.

1026
00:48:09,966 --> 00:48:12,300
I haven't had a chance to read that one yet.

1027
00:48:12,300 --> 00:48:15,200
But I think it encapsulates and probably your book does too.

1028
00:48:15,200 --> 00:48:18,266
Like a lot of the things that we talk about and that we feel

1029
00:48:18,266 --> 00:48:21,800
and that we know as bitcoiners going down the rabbit hole.

1030
00:48:22,100 --> 00:48:25,466
And so I think that's why other Bitcoiners are going to resonate with it,

1031
00:48:25,466 --> 00:48:26,933
and you're going to want to share it because it's like,

1032
00:48:26,933 --> 00:48:30,000
look, I've been trying to tell you that, you know,

1033
00:48:30,466 --> 00:48:32,500
this Bitcoin thing isn't bad for energy.

1034
00:48:32,500 --> 00:48:33,433
You know, watch this.

1035
00:48:33,433 --> 00:48:34,400
You know, look at these dudes

1036
00:48:34,400 --> 00:48:35,700
fucking extracting methane

1037
00:48:35,700 --> 00:48:38,933
and propane and all kinds of other shit from these flares.

1038
00:48:38,933 --> 00:48:40,533
And you see the fucking flare stack.

1039
00:48:40,533 --> 00:48:43,400
Like instead of a flame being this high, it's like this high,

1040
00:48:43,400 --> 00:48:44,966
you know, you see these people in Africa

1041
00:48:44,966 --> 00:48:47,000
what it means to actually bring electricity to them.

1042
00:48:47,000 --> 00:48:50,666
So again, I think like we are all on the same.

1043
00:48:51,166 --> 00:48:53,300
Yeah, we are all seeing these things.

1044
00:48:53,300 --> 00:48:57,300
The difficult part is actually getting that the average person like at least

1045
00:48:57,300 --> 00:49:01,066
interested to take that responsibility to dive down the rabbit hole.

1046
00:49:01,066 --> 00:49:01,766
But yeah,

1047
00:49:01,766 --> 00:49:05,900
I and I agree like man, like everybody I think does what they can do best.

1048
00:49:05,900 --> 00:49:08,166
Like for me I just film is what I've been doing.

1049
00:49:08,166 --> 00:49:09,233
And you know, when I thought about

1050
00:49:09,233 --> 00:49:12,900
how can I contribute to the Bitcoin space, that's just what I know how to do.

1051
00:49:13,133 --> 00:49:16,566
You know, and you guys are doing what you guys need to do too.

1052
00:49:16,566 --> 00:49:17,733
Like we're all important.

1053
00:49:17,733 --> 00:49:20,200
We all need to be doing these things.

1054
00:49:20,200 --> 00:49:23,766
And, yeah, it's awesome to know we're all men fundamentally

1055
00:49:23,766 --> 00:49:24,733
kind of on the same page.

1056
00:49:24,733 --> 00:49:27,200
And we're pushing through this thing together. It's it's awesome.

1057
00:49:27,200 --> 00:49:28,533
Makes me really me.

1058
00:49:28,533 --> 00:49:31,833
Like the people like you and us like you and me and everyone else that,

1059
00:49:32,600 --> 00:49:34,000
in my opinion, like you,

1060
00:49:34,000 --> 00:49:37,100
you probably couldn't stop yourself from writing and working on Bitcoin

1061
00:49:37,100 --> 00:49:39,166
if you want it to, you know, become infected.

1062
00:49:39,166 --> 00:49:42,200
So people say like Bitcoin hasn't won yet because we still need to do things.

1063
00:49:42,200 --> 00:49:45,200
And I'm like, well, yeah, but we're fucking infected, man.

1064
00:49:45,200 --> 00:49:46,466
And it keeps infecting people.

1065
00:49:46,466 --> 00:49:49,133
And go ahead and try and stop if you wanted to like you know.

1066
00:49:49,133 --> 00:49:52,833
So that's what I find the most bullish and you know,

1067
00:49:53,600 --> 00:49:57,366
and anyway, I know it takes dedication for you guys to do the book and,

1068
00:49:57,400 --> 00:50:01,266
and also for the show discipline those things or, you know, persistence.

1069
00:50:01,500 --> 00:50:04,066
Those things are not easy. So I commend you guys.

1070
00:50:04,066 --> 00:50:07,033
And yeah, thank you for doing what you do to men like you guys.

1071
00:50:07,033 --> 00:50:09,100
You guys inspiring me too. You know.

1072
00:50:09,100 --> 00:50:10,000
Oh thank you man.

1073
00:50:10,000 --> 00:50:11,333
Means a lot coming from you.

1074
00:50:11,333 --> 00:50:14,200
I mean, this is more than coincidences.

1075
00:50:14,200 --> 00:50:17,966
It's like a mind meld, like a global mind meld on the Bitcoin is, well,

1076
00:50:17,966 --> 00:50:23,466
like all the true people, they really come to the same conclusion sooner or later.

1077
00:50:23,466 --> 00:50:25,300
And the funny thing is, we get there

1078
00:50:26,733 --> 00:50:29,400
via very different paths.

1079
00:50:29,400 --> 00:50:33,800
Like we all have our own little path, but we end up in the same place

1080
00:50:34,400 --> 00:50:36,900
and that is like that. We're

1081
00:50:36,900 --> 00:50:39,800
we all benefit if we help one another

1082
00:50:39,800 --> 00:50:42,666
and everything is fucking dandy in Bitcoin lab.

1083
00:50:42,666 --> 00:50:45,666
So what's your favorite holiday movie?

1084
00:50:46,700 --> 00:50:49,700
Oh, holiday movie.

1085
00:50:49,700 --> 00:50:52,633
The Grinch is good with Jim Carrey. That's a good one.

1086
00:50:52,633 --> 00:50:54,866
That's a good one. What about you?

1087
00:50:54,866 --> 00:50:57,233
Yeah, I'm this because I'm I'm

1088
00:50:57,233 --> 00:51:00,666
I'm going to cut out Die Hard two and Home Alone to.

1089
00:51:00,666 --> 00:51:02,566
I'm not going to watch those two this year.

1090
00:51:02,566 --> 00:51:04,700
I'm going to watch no more inflation instead.

1091
00:51:04,700 --> 00:51:08,000
But I'm still watching Gremlins two because it's the best fucking sequel ever.

1092
00:51:09,633 --> 00:51:13,666
But but I would say that Die Hard is probably my favorite, holiday movie.

1093
00:51:13,666 --> 00:51:14,566
Yeah.

1094
00:51:14,566 --> 00:51:15,633
That's a good one.

1095
00:51:15,633 --> 00:51:16,466
Yeah, that's a good one.

1096
00:51:16,466 --> 00:51:18,666
Home alone's always good.

1097
00:51:18,666 --> 00:51:20,733
But yeah, the Grinch man. I don't know Jim Carrey.

1098
00:51:20,733 --> 00:51:22,700
Just so good now. Yeah, the Grinch is good too.

1099
00:51:22,700 --> 00:51:26,600
Yeah, yeah, yeah, but Gremlins one and two, if you haven't seen them,

1100
00:51:26,600 --> 00:51:28,600
I should definitely check them out.

1101
00:51:28,600 --> 00:51:29,600
I've seen the first one.

1102
00:51:29,600 --> 00:51:31,633
I don't think I've seen the the second, the second one.

1103
00:51:31,633 --> 00:51:33,966
It's like all the fourth wall breaking like,

1104
00:51:34,966 --> 00:51:36,900
three decades before Deadpool.

1105
00:51:36,900 --> 00:51:39,200
I know, and it's it's hilarious.

1106
00:51:39,200 --> 00:51:39,733
Awesome.

1107
00:51:39,733 --> 00:51:42,100
I'm definitely gonna check that one out, man.

1108
00:51:42,100 --> 00:51:43,866
You know, our listeners are going to be confused

1109
00:51:43,866 --> 00:51:46,866
because this will be out in like the middle of January.

1110
00:51:47,233 --> 00:51:48,300
But we're. Recording this.

1111
00:51:48,300 --> 00:51:51,300
You're you're allowed to watch Gremlins two in January. Two.

1112
00:51:51,800 --> 00:51:54,433
And definitely no more inflation.

1113
00:51:54,433 --> 00:51:56,966
Absolutely.

1114
00:51:56,966 --> 00:52:01,566
I'd like to to come back to one point that you mentioned a while back,

1115
00:52:01,766 --> 00:52:04,766
in kind of your explanation of how you built this all up.

1116
00:52:05,966 --> 00:52:08,700
You mentioned saying that you explain how money

1117
00:52:08,700 --> 00:52:11,700
printing is the cause of inflation, but

1118
00:52:12,100 --> 00:52:16,866
I'm, I'm curious to how you did it basically because because online

1119
00:52:16,900 --> 00:52:20,000
talking to other people who are,

1120
00:52:20,866 --> 00:52:25,566
economically more economically literate than, than necessarily others,

1121
00:52:25,566 --> 00:52:28,233
but they still don't they still don't understand inflation.

1122
00:52:28,233 --> 00:52:31,233
They think it it comes from,

1123
00:52:31,733 --> 00:52:35,400
well, greedy corporations is the is I think the,

1124
00:52:35,400 --> 00:52:38,800
the real, kind of airhead take here.

1125
00:52:38,800 --> 00:52:44,300
But but other other stuff like you, you know, it doesn't come from, from money

1126
00:52:44,300 --> 00:52:48,000
printing that that growth in the economy needs the inflation and,

1127
00:52:48,566 --> 00:52:52,666
denying that it comes from, from, from the printing of money, basically.

1128
00:52:52,666 --> 00:52:57,400
So how do you explain it in a, in a way that would convince people

1129
00:52:57,400 --> 00:53:00,733
who have such misconceptions about inflation?

1130
00:53:00,733 --> 00:53:02,900
I'm curious how you did that.

1131
00:53:02,900 --> 00:53:03,466
Right.

1132
00:53:03,466 --> 00:53:07,833
So, first of all, I was focusing on the average person,

1133
00:53:07,833 --> 00:53:10,933
and I felt that the average person wasn't that,

1134
00:53:11,333 --> 00:53:14,433
you know, they don't have that understanding of inflation.

1135
00:53:14,433 --> 00:53:16,533
They have no understanding of inflation.

1136
00:53:16,533 --> 00:53:19,966
So I wanted to be careful not to go and fight on,

1137
00:53:20,200 --> 00:53:24,500
you know, their whole crowd for no reason, you know what I mean?

1138
00:53:24,500 --> 00:53:30,100
And, again, like I was mentioning earlier, 99% of people, you ask 99.99.

1139
00:53:30,100 --> 00:53:33,800
Well, if their life would be better with no more inflation, I'd say absolutely

1140
00:53:33,800 --> 00:53:34,766
sign me up. Right.

1141
00:53:34,766 --> 00:53:39,700
But it's that 0.01% that's college educated that was told

1142
00:53:39,700 --> 00:53:44,233
you need prices to go up so that prices don't go down,

1143
00:53:44,233 --> 00:53:47,700
because prices going down is really bad, right?

1144
00:53:47,700 --> 00:53:49,700
That's really what it all rests on. So,

1145
00:53:51,100 --> 00:53:54,100
you know, hopefully the film,

1146
00:53:54,100 --> 00:53:58,533
beats out somebody that feels that way and we can discuss it on a podcast.

1147
00:53:58,766 --> 00:54:01,766
But really, when I come across people like that, I like to go back to

1148
00:54:01,900 --> 00:54:05,200
Newt's point about things should be getting more efficient.

1149
00:54:05,200 --> 00:54:05,533
Right.

1150
00:54:05,533 --> 00:54:08,200
And and my favorite example is an Apple.

1151
00:54:08,200 --> 00:54:11,533
Like at some point an apple cost one penny, right?

1152
00:54:11,933 --> 00:54:12,633
Okay.

1153
00:54:12,633 --> 00:54:15,633
Now it costs almost a dollar.

1154
00:54:15,733 --> 00:54:17,933
Certainly we've gotten better

1155
00:54:17,933 --> 00:54:22,200
at planting and harvesting and transporting, right.

1156
00:54:22,200 --> 00:54:24,166
Like you don't denying that, right?

1157
00:54:24,166 --> 00:54:26,866
We're certainly better at that. Right? Okay.

1158
00:54:26,866 --> 00:54:29,200
So why is it a dollar right now.

1159
00:54:29,200 --> 00:54:31,733
You know. And there really is no other answer.

1160
00:54:31,733 --> 00:54:36,166
There is no other variable in the equation other than the money that you're using,

1161
00:54:36,166 --> 00:54:39,766
the measuring stick that you're using to price that in.

1162
00:54:39,933 --> 00:54:44,733
So it has to be more money being created, you know,

1163
00:54:44,733 --> 00:54:47,166
and those type of people also they'll say like, oh,

1164
00:54:47,166 --> 00:54:47,900
you know, but

1165
00:54:47,900 --> 00:54:52,166
even if money can't be printed and like, you know, there's a wheat shortage

1166
00:54:52,166 --> 00:54:56,766
or some disaster, then bread will go up two times the price and that's inflation.

1167
00:54:56,766 --> 00:54:58,666
Like, okay, that's not inflation.

1168
00:54:58,666 --> 00:55:00,700
You can call that inflation if you want.

1169
00:55:00,700 --> 00:55:02,533
I'm going to call that inflation.

1170
00:55:02,533 --> 00:55:03,666
That's just the price.

1171
00:55:03,666 --> 00:55:07,233
It's just supply and demand period. Right.

1172
00:55:07,233 --> 00:55:10,066
So I don't even entertain that definition.

1173
00:55:10,066 --> 00:55:12,800
We're living in a fucking day and age where anybody can just change

1174
00:55:12,800 --> 00:55:15,666
the definition of shit or define things however they want.

1175
00:55:15,666 --> 00:55:17,333
That's how I'm defining it.

1176
00:55:17,333 --> 00:55:20,366
Inflation is the increase of dollars,

1177
00:55:20,366 --> 00:55:23,366
the increase of the monetary units period.

1178
00:55:23,900 --> 00:55:25,166
That's anyways.

1179
00:55:25,166 --> 00:55:25,400
Yeah.

1180
00:55:25,400 --> 00:55:28,666
So again, but I wasn't really that wasn't my target audience.

1181
00:55:28,666 --> 00:55:28,900
Right.

1182
00:55:28,900 --> 00:55:32,000
I feel like my target audience was more the average person who doesn't really have

1183
00:55:32,000 --> 00:55:33,033
that misunderstanding yet.

1184
00:55:33,033 --> 00:55:35,900
So thankfully I don't have to try to explain all of that.

1185
00:55:35,900 --> 00:55:37,800
But when I come across somebody like an economist, it's

1186
00:55:37,800 --> 00:55:41,200
harder for them to argue against, you know what I just said?

1187
00:55:41,200 --> 00:55:43,700
But they will somehow they'll know the pretzel logic.

1188
00:55:43,700 --> 00:55:46,100
They'll bend their I don't know, man.

1189
00:55:46,100 --> 00:55:46,700
It's crazy.

1190
00:55:47,700 --> 00:55:48,066
We were

1191
00:55:48,066 --> 00:55:52,400
we were talking earlier today about basically all the non Austrian

1192
00:55:52,700 --> 00:55:55,700
schools of economics and, and like,

1193
00:55:55,866 --> 00:56:00,066
Paul Krugman apparently got into economics because basically

1194
00:56:00,066 --> 00:56:03,800
he thought he could predict the future through economics.

1195
00:56:03,800 --> 00:56:06,100
And I mean, and I mean that fairly literally like it.

1196
00:56:06,100 --> 00:56:10,000
It says so in the on his Wikipedia page that the reason that he got into

1197
00:56:10,000 --> 00:56:14,000
economics was he was inspired by, Isaac Asimov, who had,

1198
00:56:15,500 --> 00:56:17,133
a science fiction book that

1199
00:56:17,133 --> 00:56:20,866
that had a science that could accurately predict the future.

1200
00:56:21,100 --> 00:56:23,466
And economics was was sort of like that.

1201
00:56:23,466 --> 00:56:26,600
And I think all the economists, other than

1202
00:56:26,900 --> 00:56:30,833
the Austrians, basically are trying to do something like this.

1203
00:56:30,833 --> 00:56:34,600
They're making their models, they're trying to put the world

1204
00:56:34,600 --> 00:56:36,900
into a particular bubble, and then they're like, well,

1205
00:56:36,900 --> 00:56:39,666
this is how it should play out. These are the predictions.

1206
00:56:39,666 --> 00:56:41,300
It should all just work.

1207
00:56:41,300 --> 00:56:44,933
But they're ignoring reality, basically.

1208
00:56:44,933 --> 00:56:47,933
And there's just such a blind spot

1209
00:56:47,966 --> 00:56:50,833
on inflation in general.

1210
00:56:50,833 --> 00:56:53,300
Like the the the biggest.

1211
00:56:53,300 --> 00:56:54,866
Mind blow for me.

1212
00:56:54,866 --> 00:56:59,100
I mean, if you can believe it, I still I still get like

1213
00:57:00,033 --> 00:57:02,300
just just new bits of

1214
00:57:02,300 --> 00:57:05,533
like wow this everything divided by 21 million thing.

1215
00:57:05,533 --> 00:57:07,633
It's actually pretty damn cool.

1216
00:57:07,633 --> 00:57:13,433
It's it's like it actually works as a, as as an equation of, you.

1217
00:57:13,500 --> 00:57:14,866
Put all of the world's.

1218
00:57:14,866 --> 00:57:18,800
Economic units onto one side and all of the stuff onto the other.

1219
00:57:18,800 --> 00:57:23,566
Well, as we get better economic growth literally means deflation.

1220
00:57:23,566 --> 00:57:26,300
If you have a fixed denominator. It's just like that.

1221
00:57:26,300 --> 00:57:29,066
That came from our chat with Jeff Booth recently.

1222
00:57:29,066 --> 00:57:32,266
If you haven't seen that one, that honestly, that was probably

1223
00:57:32,266 --> 00:57:36,500
our best episode of the show ever because he was just totally on fire.

1224
00:57:36,500 --> 00:57:40,866
But, I don't know what my point was here exactly, except it's just like it's

1225
00:57:41,766 --> 00:57:44,733
once you figure it out, you can't figure it out.

1226
00:57:44,733 --> 00:57:47,533
You don't crawl backwards out the rabbit hole.

1227
00:57:47,533 --> 00:57:50,366
Basically, like once you see it, it's just so damn obvious.

1228
00:57:50,366 --> 00:57:54,133
And I think the only variable is whether people decide

1229
00:57:54,133 --> 00:57:55,800
that it's the most important thing in their life.

1230
00:57:55,800 --> 00:57:59,500
Basically, if you make that decision, you basically are,

1231
00:57:59,766 --> 00:58:02,033
you become a Bitcoin maxi, like 100%.

1232
00:58:02,033 --> 00:58:04,033
You put as much energy as possible.

1233
00:58:04,033 --> 00:58:08,166
Well, while surviving and all this into Bitcoin.

1234
00:58:08,366 --> 00:58:09,800
And if you don't decide

1235
00:58:09,800 --> 00:58:12,333
this is the most important thing in your life for whatever reason,

1236
00:58:12,333 --> 00:58:15,366
then then maybe, maybe you don't do that, but you still see the world

1237
00:58:15,366 --> 00:58:16,200
through a different lens.

1238
00:58:17,233 --> 00:58:18,066
I don't know what.

1239
00:58:18,066 --> 00:58:20,700
What do you think of of that,

1240
00:58:20,700 --> 00:58:23,100
brain fart there?

1241
00:58:23,100 --> 00:58:25,766
Yeah, I think,

1242
00:58:25,766 --> 00:58:26,200
you're right.

1243
00:58:26,200 --> 00:58:29,633
I think the problem is so big, it's like you can't see it.

1244
00:58:29,833 --> 00:58:31,200
You know what I mean?

1245
00:58:31,200 --> 00:58:33,566
Again, I think it's like gravity.

1246
00:58:33,566 --> 00:58:37,500
Like, imagine if, like, you know, you stepped off a building, right?

1247
00:58:37,500 --> 00:58:39,966
And you fell off the building, and.

1248
00:58:39,966 --> 00:58:41,500
But, like, that wasn't actually reality.

1249
00:58:41,500 --> 00:58:44,666
Actually, what was happening is you had, like, ropes, tabs tied around your legs.

1250
00:58:44,666 --> 00:58:47,666
And any time you stepped off the building, the rope to pull you down to the ground.

1251
00:58:48,100 --> 00:58:50,933
Right. And and that's inflation.

1252
00:58:50,933 --> 00:58:52,900
It's just like, that's just what happens in life.

1253
00:58:52,900 --> 00:58:54,633
You know, prices go up. Life gets more difficult.

1254
00:58:54,633 --> 00:58:56,200
Like I, you know, if I can step off the roof

1255
00:58:56,200 --> 00:58:58,700
and I fucking fall down, you know, but it's like,

1256
00:58:58,700 --> 00:59:02,566
no, you find Bitcoin and you realize those rocks aren't real.

1257
00:59:02,566 --> 00:59:06,100
Like like those are someone is attaching those to you and pulling you down.

1258
00:59:06,533 --> 00:59:07,066
Right?

1259
00:59:07,066 --> 00:59:11,400
Then all of a sudden like, oh, I can step off the roof and I can fly like, whoa.

1260
00:59:11,400 --> 00:59:14,566
Like, you know, like I think it just again, it's

1261
00:59:15,033 --> 00:59:16,600
and it's like an invisible rope, right?

1262
00:59:16,600 --> 00:59:17,600
You can't even really see it.

1263
00:59:17,600 --> 00:59:22,200
So I think that's what's happening is it just is treated like an, like

1264
00:59:22,200 --> 00:59:26,433
a law of nature, you know, and it's just not questioned what's so ever

1265
00:59:27,466 --> 00:59:29,166
and that's why the problem is just,

1266
00:59:29,166 --> 00:59:32,733
it's you're just so inside of it that you can't see it.

1267
00:59:33,100 --> 00:59:36,066
And yes, of course, like, if you're gambling,

1268
00:59:36,066 --> 00:59:40,400
if you think another coin has the chance of beating bitcoin,

1269
00:59:41,000 --> 00:59:43,133
I mean, I don't know what that is, but otherwise

1270
00:59:43,133 --> 00:59:46,166
if you're just gambling on coins, you're not taking responsibility, right?

1271
00:59:46,166 --> 00:59:48,466
You're not tricking the problem seriously.

1272
00:59:48,466 --> 00:59:51,500
You're not like thinking, okay, well, I need to save as much as I can,

1273
00:59:51,500 --> 00:59:52,666
like a fucking squirrel

1274
00:59:52,666 --> 00:59:56,033
or like a grasshopper or whatever, you know, for whatever's coming next.

1275
00:59:56,466 --> 00:59:57,166
Like.

1276
00:59:57,166 --> 00:59:58,333
Yeah, you just don't get it.

1277
00:59:58,333 --> 01:00:00,800
And once you do, things make sense, right?

1278
01:00:00,800 --> 01:00:05,633
And like, I think this is probably what the economists worry about is like,

1279
01:00:05,633 --> 01:00:07,666
you have a good money and you're going to want to hold on to it.

1280
01:00:07,666 --> 01:00:08,000
You're not.

1281
01:00:08,000 --> 01:00:08,966
You're only going to want to spend it

1282
01:00:08,966 --> 01:00:11,166
on the things that you really, really, really need.

1283
01:00:11,166 --> 01:00:13,066
But that's not a fucking bad thing.

1284
01:00:13,066 --> 01:00:16,966
Like, you shouldn't spend it on stupid things that you don't really need, right?

1285
01:00:16,966 --> 01:00:20,866
You should spend it on good food and, you know, energy shelter

1286
01:00:20,866 --> 01:00:22,500
like these things make sense.

1287
01:00:22,500 --> 01:00:26,666
You know, I would much rather spend double my money on my food,

1288
01:00:27,033 --> 01:00:30,966
but it being double nutrients twice as nutrient, you know what I mean?

1289
01:00:31,133 --> 01:00:34,900
So I think like looking to the future, that's the craziest thing.

1290
01:00:34,900 --> 01:00:36,900
I think you really, when you start to wrap your head around,

1291
01:00:36,900 --> 01:00:40,033
is what the world is going to look like and like we're going to shed

1292
01:00:40,033 --> 01:00:44,733
so many unnecessary industries and like things and materials,

1293
01:00:45,100 --> 01:00:48,233
and we're going to focus more on the things that are actually important,

1294
01:00:48,233 --> 01:00:49,733
because those are the things that Bitcoiners

1295
01:00:49,733 --> 01:00:54,033
actually will give their Bitcoin for, you know, food, shelter, energy,

1296
01:00:54,333 --> 01:00:56,633
you know, memories together.

1297
01:00:56,633 --> 01:00:59,100
And so like if you look at that Y Mart chart,

1298
01:00:59,100 --> 01:01:02,500
you know, have you seen the price of gold during the like 1990 1994.

1299
01:01:03,033 --> 01:01:03,833
Oh yeah.

1300
01:01:03,833 --> 01:01:06,333
I don't want to buy any food in this period.

1301
01:01:06,333 --> 01:01:10,566
I want to grow my own food and have my own food in this fucking period,

1302
01:01:10,700 --> 01:01:13,600
because some of those days when you got to eat

1303
01:01:13,600 --> 01:01:17,366
that shit, it might cost you a lot of fucking SATs, man, you know?

1304
01:01:17,666 --> 01:01:23,466
And so, anyways, I think once we get past that volatility, we're going to stabilize

1305
01:01:23,466 --> 01:01:27,933
in a more natural world where we value things that are better for our health.

1306
01:01:29,933 --> 01:01:32,600
But that path

1307
01:01:32,600 --> 01:01:36,000
and I don't know what that path is going to look like, I want to just be able

1308
01:01:36,000 --> 01:01:39,666
to spend as need to spend as little of my SATs as possible

1309
01:01:40,033 --> 01:01:43,433
to survive and ideally, strengthen myself up

1310
01:01:43,433 --> 01:01:46,466
to a point where I can help others survive, sell them food, whatever.

1311
01:01:46,466 --> 01:01:49,466
You know, like, you know, there's a reason why the farmers get

1312
01:01:49,466 --> 01:01:52,500
the finger pointed at them when the fucking money is collapsing.

1313
01:01:52,500 --> 01:01:56,300
You know, it's because they got this shit that you really, really, really need

1314
01:01:56,600 --> 01:01:59,533
and they know they can charge you for it.

1315
01:01:59,533 --> 01:02:03,133
And then the government says, look at those greedy fucking assholes, you know?

1316
01:02:03,500 --> 01:02:04,800
And then, you get screwed.

1317
01:02:04,800 --> 01:02:07,400
So, yeah,

1318
01:02:07,400 --> 01:02:09,600
there's my Brandt brain fart.

1319
01:02:09,600 --> 01:02:11,933
I don't even know how those connected together.

1320
01:02:11,933 --> 01:02:13,066
Now that I know I love it.

1321
01:02:13,066 --> 01:02:15,800
And the funny thing is, like,

1322
01:02:15,800 --> 01:02:19,833
I can't wait for, for example, Greta Thunberg to to figure out

1323
01:02:19,833 --> 01:02:21,233
that Bitcoin is actually the thing

1324
01:02:21,233 --> 01:02:24,266
that was going to solve all of her climate change problems all along.

1325
01:02:24,300 --> 01:02:27,833
Like for like it's first of all, it's just going to make people

1326
01:02:28,266 --> 01:02:31,433
it's going to fix the overconsumption problems.

1327
01:02:31,433 --> 01:02:34,100
Resource allocation is going to get fixed.

1328
01:02:34,100 --> 01:02:36,333
And maybe they'll still find out that,

1329
01:02:36,333 --> 01:02:38,400
the climate change movement is a bit of a scam.

1330
01:02:38,400 --> 01:02:39,266
But anyway.

1331
01:02:40,266 --> 01:02:42,366
That's that's a whole other conversation.

1332
01:02:42,366 --> 01:02:46,133
But, yeah, I just I just can't wait until like, the, the

1333
01:02:46,133 --> 01:02:50,900
the leftist railing against climate change basically figure out that that Bitcoin

1334
01:02:51,300 --> 01:02:54,733
who are saying that Bitcoin is like this, this environmental disaster,

1335
01:02:54,766 --> 01:02:58,700
find out that it's, the solution all along anyway, that's.

1336
01:02:58,700 --> 01:03:01,633
No, it's. All I got there. It's absolutely the solution.

1337
01:03:01,633 --> 01:03:04,633
Like because, because the, the

1338
01:03:05,333 --> 01:03:08,333
the the the opposite of

1339
01:03:09,600 --> 01:03:12,033
it, it

1340
01:03:12,033 --> 01:03:15,033
the opposite of,

1341
01:03:15,300 --> 01:03:18,700
of quality is equality and not inequality.

1342
01:03:19,800 --> 01:03:21,533
Like,

1343
01:03:21,533 --> 01:03:22,833
you can only you.

1344
01:03:22,833 --> 01:03:24,200
Mix that up. It's.

1345
01:03:24,200 --> 01:03:24,500
Yeah.

1346
01:03:24,500 --> 01:03:25,466
Mix it up now.

1347
01:03:25,466 --> 01:03:25,733
Yeah.

1348
01:03:25,733 --> 01:03:28,233
You know, the opposite. Of equality is not.

1349
01:03:28,233 --> 01:03:30,133
Equality. It's quality. It's quality.

1350
01:03:30,133 --> 01:03:32,300
The opposite of equality is quality.

1351
01:03:32,300 --> 01:03:36,766
And like the, the, the environmental problem is, is overconsumption.

1352
01:03:36,766 --> 01:03:39,766
If there is an environmental problem, it's just that

1353
01:03:39,766 --> 01:03:42,900
and you can't fix anything within this system that the

1354
01:03:43,900 --> 01:03:46,900
that has inflationary money, it's impossible.

1355
01:03:47,100 --> 01:03:50,100
And it's like back to these basic questions like what

1356
01:03:50,300 --> 01:03:53,466
what is every everything in the world.

1357
01:03:53,966 --> 01:03:56,966
Its price is derived from supply and demand.

1358
01:03:57,800 --> 01:04:01,566
And supply is subjective.

1359
01:04:01,700 --> 01:04:04,700
Demand is subjective.

1360
01:04:05,033 --> 01:04:08,033
And with Bitcoin you have an absolutely

1361
01:04:08,600 --> 01:04:11,600
there's an absolute limit to the supply side.

1362
01:04:12,033 --> 01:04:16,300
So what you end up with is inevitably everything divided by 21 million.

1363
01:04:16,300 --> 01:04:17,666
There's no way around that.

1364
01:04:17,666 --> 01:04:20,666
And that is going to outperform everything else.

1365
01:04:20,666 --> 01:04:25,233
And then it doesn't matter if Bitcoin uses as much energy as a country.

1366
01:04:26,066 --> 01:04:30,000
You know shut down country X, then it's not needed anymore.

1367
01:04:30,433 --> 01:04:33,033
Like that's

1368
01:04:33,033 --> 01:04:36,433
I mean I, I can't think of it any way other way than that.

1369
01:04:36,433 --> 01:04:38,333
I can frame it in any other way.

1370
01:04:38,333 --> 01:04:39,733
Yeah. Norway's pretty useless.

1371
01:04:41,966 --> 01:04:42,700
Yeah.

1372
01:04:42,700 --> 01:04:44,600
If they. Really cared about the.

1373
01:04:44,600 --> 01:04:45,733
Climate. And.

1374
01:04:45,733 --> 01:04:47,600
They would demand the government

1375
01:04:47,600 --> 01:04:51,533
require a bitcoin miner on every fucking flare stack.

1376
01:04:51,800 --> 01:04:54,800
You know, like, I think the methane that those,

1377
01:04:55,366 --> 01:04:58,300
that those flares emit are like

1378
01:04:58,300 --> 01:05:02,466
much more damaging than all of the like the CO2 and everything like that.

1379
01:05:02,800 --> 01:05:06,166
So if they really care, like they can just, you know, use a solution like that.

1380
01:05:06,400 --> 01:05:06,966
But yeah, you're right.

1381
01:05:06,966 --> 01:05:09,966
The consumerism obviously would and like,

1382
01:05:10,433 --> 01:05:12,066
what's consumption in war?

1383
01:05:12,066 --> 01:05:16,266
It's like blowing shit up, you know, and then you got to rebuild that shit too.

1384
01:05:16,266 --> 01:05:21,000
It's like it's, consumption is a crazy fucking thing. And.

1385
01:05:21,100 --> 01:05:22,333
Yeah, like you're saying, like,

1386
01:05:22,333 --> 01:05:26,800
you take money, the money variable out of a trade with Bitcoin, right?

1387
01:05:26,800 --> 01:05:27,800
It's purely supply

1388
01:05:27,800 --> 01:05:31,633
and demand with Bitcoin with fiat, it's supply and demand divided

1389
01:05:31,633 --> 01:05:34,766
by all the fucking money in the world

1390
01:05:34,766 --> 01:05:37,766
basically, you know, and yeah go ahead.

1391
01:05:38,300 --> 01:05:41,000
No, no I was not going to interrupt you

1392
01:05:41,000 --> 01:05:44,600
but but while I'm at it, I might as well like see

1393
01:05:45,600 --> 01:05:48,233
the, the,

1394
01:05:48,233 --> 01:05:50,400
the price signal is what

1395
01:05:50,400 --> 01:05:53,733
prevents, resource misallocation.

1396
01:05:54,200 --> 01:05:57,866
If you have correct prices and resources, don't get mis allocated.

1397
01:05:57,866 --> 01:06:00,300
And this is why, socialism fails.

1398
01:06:00,300 --> 01:06:02,866
It's because it's not because of an incentive problem.

1399
01:06:02,866 --> 01:06:05,866
It's because of a pricing signal problem.

1400
01:06:06,200 --> 01:06:08,733
If the prices are wrong so that you prioritize

1401
01:06:08,733 --> 01:06:11,866
the wrong things, resources get mis allocated.

1402
01:06:11,866 --> 01:06:15,033
This is the root of any environmental problem.

1403
01:06:15,033 --> 01:06:17,466
It's the misallocation of resources.

1404
01:06:17,466 --> 01:06:20,600
And if we want to and what's the correct allocation?

1405
01:06:20,600 --> 01:06:22,600
It's what people want.

1406
01:06:22,600 --> 01:06:25,466
Like what all people want and how much energy

1407
01:06:25,466 --> 01:06:28,466
and effort they put in to get that thing that they want.

1408
01:06:28,666 --> 01:06:32,600
So what other metric can you measure something like that by?

1409
01:06:33,100 --> 01:06:37,366
Like, otherwise it's just some asshole imposing his will on everyone else.

1410
01:06:38,100 --> 01:06:38,433
Right?

1411
01:06:38,433 --> 01:06:40,100
That's why I was gonna say it's like Luke's thing

1412
01:06:40,100 --> 01:06:42,700
about, like, the guy playing God, thinking that you can.

1413
01:06:42,700 --> 01:06:44,833
You know what the future is supposed to be or

1414
01:06:44,833 --> 01:06:47,666
or what's best for everybody, and you just can't do it,

1415
01:06:47,666 --> 01:06:51,100
you know, like an octopus has brains all over its tentacles.

1416
01:06:51,800 --> 01:06:54,066
It'd be like, okay, octopus,

1417
01:06:54,066 --> 01:06:56,133
you're not going to use those brains on your tentacles anymore.

1418
01:06:56,133 --> 01:06:58,100
We just got one right here, and we're going to know.

1419
01:06:58,100 --> 01:07:00,766
We know better than what you could fucking possibly know.

1420
01:07:00,766 --> 01:07:02,133
All the way at the end of the tentacles,

1421
01:07:02,133 --> 01:07:05,300
doing your own thing like, no, we can decide better than you right now.

1422
01:07:05,433 --> 01:07:09,166
Let the fucking octopus have its brains and its tentacles, you know, like,

1423
01:07:09,166 --> 01:07:11,133
let us be our own brains.

1424
01:07:11,133 --> 01:07:14,433
Let us determine what's best for us on the ground right here.

1425
01:07:14,600 --> 01:07:17,100
Don't try to look from fucking 30,000ft.

1426
01:07:17,100 --> 01:07:19,100
Because, dude, people are so detached.

1427
01:07:19,100 --> 01:07:21,633
Like the trad fi people that I see getting into Bitcoin.

1428
01:07:21,633 --> 01:07:24,400
They're like, yeah, inflation's bad. But you know, it's not that bad.

1429
01:07:24,400 --> 01:07:26,700
I still see people out there spending like the shopping mall

1430
01:07:26,700 --> 01:07:27,733
still got people in it.

1431
01:07:27,733 --> 01:07:28,333
I'm like,

1432
01:07:28,333 --> 01:07:32,066
dude, are you so disconnected that you really don't know what's going on here?

1433
01:07:32,066 --> 01:07:33,733
And they really don't, you know?

1434
01:07:33,733 --> 01:07:34,266
So you couple.

1435
01:07:34,266 --> 01:07:38,500
That with this God like desire or not

1436
01:07:38,500 --> 01:07:41,433
think you have this power to know what's supposed to happen

1437
01:07:41,433 --> 01:07:44,566
and you take away all the brains on the fucking octopus.

1438
01:07:44,566 --> 01:07:46,200
It's fucking retarded.

1439
01:07:46,200 --> 01:07:49,166
Yeah, a thought just struck me.

1440
01:07:49,166 --> 01:07:50,633
The octopi masturbate.

1441
01:07:51,833 --> 01:07:54,333
And if so, how,

1442
01:07:54,333 --> 01:07:57,800
do they use their brain or older brains that there's a.

1443
01:07:57,933 --> 01:08:00,433
This is a brain fart? Yes.

1444
01:08:00,433 --> 01:08:03,133
I mean, they're aliens, so whatever they do, they do it better than us.

1445
01:08:03,133 --> 01:08:05,000
Math.

1446
01:08:05,000 --> 01:08:08,000
I mean, eight arms, brains everywhere.

1447
01:08:08,266 --> 01:08:09,600
Like it sounds like.

1448
01:08:09,600 --> 01:08:12,033
It sounds like they have a good time to me.

1449
01:08:12,033 --> 01:08:16,133
Yeah, yeah, it seems like they can, like, stimulate and and,

1450
01:08:16,533 --> 01:08:20,100
understand the stimulation better than anything in the world.

1451
01:08:20,300 --> 01:08:23,300
Fucking aliens, man.

1452
01:08:24,133 --> 01:08:25,800
Yeah.

1453
01:08:25,800 --> 01:08:28,100
Sure. Hey,

1454
01:08:28,100 --> 01:08:32,966
I think I think we've I think we are super excited now, and I hope

1455
01:08:32,966 --> 01:08:37,433
everyone listening to this and watching this is excited to go check out your film.

1456
01:08:37,433 --> 01:08:39,066
No more inflation.

1457
01:08:39,066 --> 01:08:40,700
And, yeah.

1458
01:08:40,700 --> 01:08:42,566
Like, hey,

1459
01:08:42,566 --> 01:08:45,200
what what, what's next for you?

1460
01:08:45,200 --> 01:08:47,866
What what's what's coming up on the horizon?

1461
01:08:47,866 --> 01:08:48,566
Like, you're,

1462
01:08:48,566 --> 01:08:52,900
you're you still, like, just working on getting this thing out as far as possible,

1463
01:08:52,900 --> 01:08:57,933
or is there something else coming up or, what's next for you?

1464
01:08:58,666 --> 01:09:01,800
Yeah, it's just really getting this thing out there as much as possible.

1465
01:09:02,400 --> 01:09:05,800
So really, the focus right now is just to get as many people to watch it, you know?

1466
01:09:05,800 --> 01:09:09,300
So if you haven't watched it, you know, watch it, if you've watched it, share it

1467
01:09:09,300 --> 01:09:13,100
with somebody, you never know what door that's going to open, what person

1468
01:09:13,100 --> 01:09:16,233
they know, what connection that's going to make at the end of the day,

1469
01:09:16,633 --> 01:09:20,400
the goal has always been with this project to have as many people

1470
01:09:20,400 --> 01:09:24,166
trip down the rabbit hole as possible and for a selfish reason, like,

1471
01:09:24,166 --> 01:09:29,100
I want the transition from Fiat to bitcoin to be as smooth as it possibly can.

1472
01:09:29,400 --> 01:09:33,100
And I know that the stronger the more people have Bitcoin,

1473
01:09:33,100 --> 01:09:36,866
the more decentralized the wealth is, the more strongholds we're going to have

1474
01:09:36,966 --> 01:09:38,800
and the smoother the transition is going to be.

1475
01:09:38,800 --> 01:09:43,433
So this was me being infected by Bitcoin, asking myself what can I do

1476
01:09:43,700 --> 01:09:48,733
and putting it out there to, you know, make my contribution and make it known.

1477
01:09:48,733 --> 01:09:50,433
And so again,

1478
01:09:50,433 --> 01:09:52,966
I'm just going to beat the drum because everybody knows

1479
01:09:52,966 --> 01:09:54,266
you can make something that's great.

1480
01:09:54,266 --> 01:09:56,866
But if nobody knows about it then like, you know,

1481
01:09:56,866 --> 01:09:59,900
it's it's, you know, you need it to get seen.

1482
01:09:59,900 --> 01:10:03,200
So I feel like half the battle is done, you know,

1483
01:10:04,100 --> 01:10:07,100
I'm open to any ideas that anyone has to show it to more people

1484
01:10:07,266 --> 01:10:10,166
that people in other countries have been doing screenings.

1485
01:10:10,166 --> 01:10:11,166
Cool with that.

1486
01:10:11,166 --> 01:10:12,500
I want to do it in colleges.

1487
01:10:12,500 --> 01:10:14,000
I want to like, you know, again,

1488
01:10:15,300 --> 01:10:16,500
that's the only thing needs to happen.

1489
01:10:16,500 --> 01:10:19,266
More people need to see this and it's going to open the right door.

1490
01:10:19,266 --> 01:10:22,200
And then, you know, you'll see me on Joe Rogan, you'll see it on HBO,

1491
01:10:22,200 --> 01:10:24,200
you'll see it on Netflix, something like that.

1492
01:10:24,200 --> 01:10:28,500
And, you know, I really believe if this message gets out there, you know,

1493
01:10:28,500 --> 01:10:32,466
this orange pill of this is what inflation is, this is what it looks like.

1494
01:10:32,633 --> 01:10:35,333
This is what it's paying for. This is how it ends.

1495
01:10:35,333 --> 01:10:38,033
This is why it's happening. This is why Bitcoin fixes it.

1496
01:10:38,033 --> 01:10:40,966
This is why maybe the energy shit you heard is wrong.

1497
01:10:40,966 --> 01:10:45,366
The crime stuff, the volatility and ultimately

1498
01:10:46,000 --> 01:10:47,933
you need to take responsibility.

1499
01:10:47,933 --> 01:10:52,266
I think if 200 million people get that message, we might actually like,

1500
01:10:52,400 --> 01:10:56,200
like actually have an impact, you know, in the world like quickly.

1501
01:10:57,200 --> 01:10:58,466
Otherwise bitcoin will continue

1502
01:10:58,466 --> 01:11:01,466
to do its thing and people will get in at the price that they deserve.

1503
01:11:01,500 --> 01:11:05,033
But anyway, this is me, you know, again, just filling,

1504
01:11:05,300 --> 01:11:07,466
fulfilling that obligation, I guess that Bitcoin

1505
01:11:07,466 --> 01:11:10,466
kind of implanted in me of like, hey, do something like this is important.

1506
01:11:10,733 --> 01:11:11,900
You should do something.

1507
01:11:11,900 --> 01:11:14,933
And so yeah, we'll just see where this, this takes me.

1508
01:11:14,933 --> 01:11:16,866
And we'll go from there.

1509
01:11:16,866 --> 01:11:18,700
Who knows? Who knows what's going to come next.

1510
01:11:18,700 --> 01:11:22,800
But, I'm absolutely grateful for the journey I've already had.

1511
01:11:22,966 --> 01:11:27,200
I mean, honestly, you guys too, man, like all the time we spend together.

1512
01:11:27,200 --> 01:11:29,366
And can you have a cameo in the film, too?

1513
01:11:29,366 --> 01:11:32,133
And just like a little B-roll shot of you,

1514
01:11:32,133 --> 01:11:36,333
so it's, Yeah, it really the journey was the best part about this.

1515
01:11:36,333 --> 01:11:40,266
So no matter what happens, man, like, man, it's just it's a dream come true.

1516
01:11:40,466 --> 01:11:42,600
So anyway, no more inflation.com.

1517
01:11:42,600 --> 01:11:43,266
Go check it out.

1518
01:11:43,266 --> 01:11:47,466
And, I did I, I honestly really do appreciate you guys, man a lot.

1519
01:11:47,566 --> 01:11:48,766
Really. It means a lot to me.

1520
01:11:48,766 --> 01:11:49,433
Thank you.

1521
01:11:49,433 --> 01:11:50,566
Right back at you, dude.

1522
01:11:50,566 --> 01:11:54,233
And, Yeah. Make this, make this a tradition.

1523
01:11:54,233 --> 01:11:56,000
Watch it every holiday season.

1524
01:11:56,000 --> 01:11:59,500
I'd say, it's worth, rewatching for sure.

1525
01:11:59,900 --> 01:12:00,533
Shooter.

1526
01:12:00,533 --> 01:12:02,566
Anywhere else you want to send our listeners, then?

1527
01:12:02,566 --> 01:12:03,300
Bitcoin.

1528
01:12:03,300 --> 01:12:06,466
Well, then no more inflation Xcom yeah.

1529
01:12:06,666 --> 01:12:09,466
Twitter X at Bitcoin shooter and that's it.

1530
01:12:10,800 --> 01:12:11,600
And make

1531
01:12:11,600 --> 01:12:14,600
sure to shoot shoot or some sets and see the movie.

1532
01:12:15,433 --> 01:12:16,633
There you go. Yeah.

1533
01:12:16,633 --> 01:12:17,966
Perfect dude.

1534
01:12:17,966 --> 01:12:20,366
Great to have you here.

1535
01:12:20,366 --> 01:12:22,000
This has been the Bitcoin infinity.

1536
01:12:22,000 --> 01:12:23,033
What what.

1537
01:12:23,033 --> 01:12:25,566
No I'm not going to do your part Luke. You have to do it.

1538
01:12:25,566 --> 01:12:28,433
Well yeah I know we're changing it anyway so it doesn't even matter.

1539
01:12:28,433 --> 01:12:31,433
But hey man, I just echoing what Kanoute said.

1540
01:12:31,600 --> 01:12:32,666
Really appreciate you.

1541
01:12:32,666 --> 01:12:34,700
Glad we could, have you on.

1542
01:12:34,700 --> 01:12:36,400
I hope this gives you a signal boost.

1543
01:12:36,400 --> 01:12:40,366
And honestly, we have we have one place where we maybe

1544
01:12:40,366 --> 01:12:44,300
can can do another signal boost of, of of the film.

1545
01:12:44,800 --> 01:12:47,766
We are on the organizational team

1546
01:12:47,766 --> 01:12:50,766
for BTC Hell in Helsinki this August.

1547
01:12:50,966 --> 01:12:56,333
There is a movie theater in the conference venue we would love to screen.

1548
01:12:56,333 --> 01:12:58,966
No more information during the conference if you like.

1549
01:12:58,966 --> 01:12:59,800
Sounds good.

1550
01:12:59,800 --> 01:13:00,533
Yeah.

1551
01:13:00,533 --> 01:13:03,133
Awesome and would love to have a conference.

1552
01:13:03,133 --> 01:13:05,166
Of course. Even more importantly.

1553
01:13:05,166 --> 01:13:06,466
That's that was a lot think.

1554
01:13:06,466 --> 01:13:08,800
And yeah, we'll see how it goes man.

1555
01:13:08,800 --> 01:13:11,400
You know I got to catch up on some of this fiat work there.

1556
01:13:11,400 --> 01:13:13,166
And the project was really great.

1557
01:13:13,166 --> 01:13:16,433
But you know, now it's like going to conferences had a purpose.

1558
01:13:16,433 --> 01:13:19,500
And now it's kind of like, I want to go to see everybody and have a good time.

1559
01:13:19,500 --> 01:13:23,300
It's just I gotta balance the the opportunity risk.

1560
01:13:23,300 --> 01:13:24,100
And, you know, really

1561
01:13:24,100 --> 01:13:28,066
the next mission is starting a family and the real challenge begins.

1562
01:13:28,366 --> 01:13:30,466
So, that's going to be my main focus.

1563
01:13:30,466 --> 01:13:32,366
But, yeah, of course, man.

1564
01:13:32,366 --> 01:13:34,566
Love for you guys to screen it. Yeah. My blessing.

1565
01:13:34,566 --> 01:13:36,800
And yeah, if I can make it out there, I'll definitely be there.

1566
01:13:36,800 --> 01:13:37,766
Fantastic.

1567
01:13:37,766 --> 01:13:40,633
And hope, hope it's not too long before we see you in person.

1568
01:13:40,633 --> 01:13:41,900
If it's if it's not there.

1569
01:13:41,900 --> 01:13:44,233
But are you going to Colombia?

1570
01:13:44,233 --> 01:13:46,100
El Salvador anytime soon, by the way?

1571
01:13:47,566 --> 01:13:49,700
I won't be there playing catch up, man.

1572
01:13:49,700 --> 01:13:51,966
Life's catching up with me. Yeah.

1573
01:13:51,966 --> 01:13:54,500
Well, we'll see you when we see you.

1574
01:13:54,500 --> 01:13:55,733
Great having you on. Anyway.

1575
01:13:55,733 --> 01:13:58,900
And all the best yet. Thanks, guys.

1576
01:13:59,333 --> 01:14:00,666
Thanks, shooter. Till next time.
