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Welcome to the Bitcoin Infinity Academy brought to you by the Plan B Network and Bitbox.

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This is our course on my second book, Bitcoin Independence Reimagine.

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We are at the penultimate chapter.

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I'm Knut Svanom.

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I'm here as always with Luke DeWolf.

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How are you today, Luke?

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Good to see you.

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Good morning, Knut.

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I'm doing great.

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Good to see you as well.

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This chapter is the secular individual and this one should be quite interesting.

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I think we'll have quite a bit to talk about between our two opinions on this overall subject.

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So I'm excited. What about you?

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Yeah, I like this chapter. It has a good plot twist, if you will.

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Yes, this is not really a war cry for atheism or anything like that.

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It's more about what a cult is and how we are not the cult necessarily.

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Excellent. Well, before we dive in, just to mention here,

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the best way you can support the show is to go to our Geyser page at geyser.fund slash project

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slash infinity. And you can get involved there. You can buy one of our course memberships and get

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that's just our latest value add for all of our supporters if if you want to uh give us some value

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back and uh you know get me out of the fiat minds one day yeah go to fountain f fm to uh figure out

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more right the fountain fm yeah well we'll have all the links in the description at our show on

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on fountain we'll we'll have all the info exactly yeah all right uh let's dive in let's go the

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secular individual according to wikipedia a religion is a socio-cultural system of designated

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behaviors and practices morals worldviews texts sanctified places prophecies ethics or organizations

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that relates humanity to supernatural, transcendental, or spiritual elements.

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However, there is no scholarly consensus over what precisely constitutes a religion.

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One could say that religions are intersubjective sets of unverifiable beliefs

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that large groups of individuals hold at the same time.

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Similarly, a cult is defined as a social group that is defined by

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its unusual religious, spiritual, or philosophical beliefs,

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or by its common interest in a particular personality, object, or goal.

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There are many different opinions about what distinguishes a cult from other groups of believers in intersubjective things.

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In one of these examples of a definition on Wikipedia,

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a cult is defined as a social movement that has the following characteristics.

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1. Authoritarian Ruler

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The self-appointed rulers of cults have complete and final say.

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They are usually considered charismatic and charming.

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2. The identity of the community becomes communal and totalistic. Everyone involved relies on each

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other and the group's wants and needs become the core identity for each follower.

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3. Aggressive campaigns and conversion efforts are enforced by the authority figures.

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For most, the fear of heaven and hell prompts members to reach out,

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but authority figures may also rely on social issues.

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4. In order to be initiated into the group, there will be enforced and systematic indoctrination.

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There are usually several practices or ceremonies new followers must complete to secure their place among the group.

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5. Religious movements labeled cults are usually quite new and do not have the established title of other religious practices.

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They also tend to build upon old theology and either update it to modern times or adapt it to their teachings.

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All right, we're going to pause here because that was already a lot to read.

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The definitions of religions and cults.

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Yes, we could maybe give some examples of these five points, what a cult is.

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Charismatic leader, I think political parties, almost all of them fall into that category.

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They have a charismatic leader, maybe not the Democratic Party in the US, but the Republican Party certainly has a leader that stands out as something special.

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And people tend to idolize other human beings, and therefore there's a risk of that fan group becoming a cult.

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not necessarily saying that it is, that the Republican Party is an example of it, but still,

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it sort of needs this leader type thing. And this is where I think Bitcoin differs from most other

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cults. But we're getting into that in the meat of the chapter. So the second point, the identity

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of the community becomes communal and totalistic. So cults are inherently collectivistic. This is

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important to remember. They are not made up of individualists for the most part. Collectivists

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are much more likely to end up in cults. Aggressive campaigns and conversion efforts, I mean,

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there are, I mean, all political campaigns are basically this. And also, I'd say the

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Scientology movement is a good example of that. Aggressive campaigning and using celebrity

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and stuff to get more people to rally around their cause uh four in order to be initiated

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to the group there will be enforced and systematic indoctrination yes uh ceremonies and stuff uh

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so people are slowly but surely uh indoctrinated into getting into the the the um mindset of of a

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cultist i think most religions fall into that actually because you're since you're born you're

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you're you're this set of values and um traditions are are sort of imposed on you so uh i'm not

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saying that all religions are cults but but this is one point that also applies to organized

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religion in general i'd say and five the including by the way uh public schooling which i think is a

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form of religion, organized religion in that sense. Like the notion that schools ought to be

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paid for by taxes, in other words, stolen money, that is a religious concept in my view. Like that

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is organized religion in a way that it sort of rationalizes itself. It becomes a rationalization

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loop. So they tell you in school that this is the way that the schools ought to be paid for,

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because how could schools exist if there were no taxes?

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And so it becomes a self-reinforcing loop,

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and this is a danger in all cults, I think.

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And the fifth point, religious movements labeled cults

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are usually quite new and do not have the established title

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of other religious practices.

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So in other words, older religions are basically just cults

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that outgrew the cult status.

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Or at least they had some type of Lindy effect to them, showing that there might be some more value to them than just the cult fan club following value.

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The longer they've existed, the more likely they are to have provided some value for people over time, since they still exist.

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Their mere existence show that they might have something more to them than just the dogmatic thinking.

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So, yeah, I think there's a lot to be said here and a lot to unpack.

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And yeah, the rest of the chapter tackles that.

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Yeah, I think we should just continue.

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Sure.

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Now compare these characteristics to any modern democratic nation state

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and see if you can find one that cannot be described as a cult.

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Authoritarian ruler? Check.

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Communal and totalistic? Check.

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Aggressive campaigns? Check.

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Systematic indoctrination? Mega check. In fact, the only bullet point whose applicability to the

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nation-state could be somewhat questioned here is the point number five, the one about religion

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and old theology, but not really. Ceremonial burial, holidays on traditionally sacred days,

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no work on Sundays, marriage, and name-giving ceremonies are all very old theological practices

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shoehorned into our current systems in order to not upset the established order too much.

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not to mention the in god we trust banner printed on every u.s dollar bill in existence

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okay now i think we're into into the meat of it yeah i so democracy in this sense is sort of a

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continuation of a judeo-christian values or whatever use older traditions in the western

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world uh i'd also say that um christianity is sort of a best of of what preceded that so that

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in itself, it was a continuation of previous beliefs.

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It didn't come from nothing.

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It wasn't just invented one day.

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Many of those beliefs were present long before Christianity ever was founded.

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So I think this whole history of Western civilization is a continuation,

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and we rebrand the system sometimes,

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but it's more vague or distorted where the actual line goes between one system and another.

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Your thoughts on this, Luke?

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Yeah, I mean, I think the whole idea of considering democracy to be a cult or a new religious movement,

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it holds, right?

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Because I think the really interesting thing here about democracy is that in absolute terms,

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maybe a couple hundred years of widespread democracy,

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It's actually not even really that. It's all mostly within the last century. That might seem like a long time. That's multiple human generations, right? But in the large scheme of things, we're talking about hundreds, thousands of years of some kind of monarchy or feudalism or something like this.

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Like democracy is the newcomer. Democracy is the new system. And well, we've played it out for sure, like 50, 100 years across the whole world for the most part.

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post-World War II, I would say, is when most of the world was on the democratic system for

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various reasons, something to do with the winning side being democratic, I would guess.

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But yeah, it's the newcomer and we all have to participate in this ritual of going to the polls

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every so often. And even in some countries, they mandate it like Australia, you have to go or else

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you get a fine. You can spoil your ballot, but you still have to go do the thing. Right. So

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mandatory mandatory democracy attendance, something like this. And yeah, so the thing is with the old

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parts of the tradition, I wouldn't really call those like aspects of, say, the government

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structure. I don't think it's I don't think it's really that I'll say comparable to say that

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no work on Sunday's name giving ceremonies

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blah blah blah I think those are aspects of culture

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generally that's not

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really that's a different layer than

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say the government system

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but yeah those are

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relics from before for sure

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yeah

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just to say here that

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democracy sort of had to respect those because that how society was structured So you can make too big a change to a system if you want the people on your side

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I think the In God With Trust thing is quite interesting too, knowing about John Locke and how America was founded on secularity and freedom of religion.

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And they still have In God With Trust on the bill.

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I suspect that during the time that decision was made

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no god was sort of not an option

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it was one god or the other

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everyone sort of belonged to some religion

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so I think that's where that originates from

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but I'm just pulling that out of my behind

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well yeah it was over 200 years ago right

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I think that's not actually the biggest

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leap kind of thing here

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to most people were religious or yeah so i don't think that's i don't think it's that outrageous

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that that it's there but it's maybe a little starting to get a little funny now that now that

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we have this separation of church and state and all this also yeah and separation of money and

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state i mean the in the fed we trust would be more appropriate for what what the dollar bill

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actually represents absolutely uh should we continue the discussion here now moving to

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secularity? Absolutely. Okay. Secularity is the state of being separate from religion or of not

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being exclusively allied with or against any particular religion. The idea that nation-states

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ought to be secular and that there should be a distinct dichotomy between what the state should

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consider to be religious belief or not was born in Europe during the Enlightenment.

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Secularity on a national level has put an end to many barbaric religious rituals of the past and

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saved a great number of innocent victims from the repercussions of these practices.

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Forced marriage, female genital mutilation, and even stoning still exist in some parts

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of the world, but they are considered very cruel and primitive by the vast majority of

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people in states that try to uphold enlightenment values.

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Yeah, still in some parts of the world, like Minnesota.

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Yeah, good point.

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I mean, yeah, I think this is also maybe not just to be attributed to secularity, but just a shift in moral values across time that may be a product of people just becoming more ethical in a sense.

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I think the ultimate insight is yet to be found that the state is wrong in every way and that theft is wrong and property rights should be the guiding light for all societies.

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But we're not there yet.

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I mean, we're all taking steps towards that.

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In my mind, that's what it looks like.

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We go from stoning and crucifixion and barbaric, cruel shit towards more and more humane codes of conduct, ultimately leading to absolute property rights.

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That's the natural conclusion of what that leads to.

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There is only one human right, and it's the right to be left alone.

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And we aren't there yet, but we're on our way.

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That's the way I see it.

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Yeah, definitely.

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And I think the thing here is that that unifying factor is what actually makes secularism work, because there is a double-edged sword to secularism based on the things that kind of follow from it.

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If all religions are considered equally valid and anyone can belong to one of those religions, you kind of need a unifier in any one geographical area that says you can't impose your religion on me. You can't do the barbaric things from this or that part of your religion. Right.

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and so and so there's sort of an erosion of like okay well this religion is equally valid like

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this culture is equally valid to to our base culture therefore you get a whole ton of

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immigration coming in and and sometimes there can be a good melting pot type situation but other

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times you you get cases where people who come in on on mass basically just settle in their own

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areas and then you you basically get little enclaves of of different cultures in the same

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geographical area and that starts to cause more conflicts and all this. So I think there does need

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to be some kind of unifier for secularism to be popular. And just so we're completely clear,

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I do not believe in cultural relativism at all. There are many aspects of different cultures that

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are less good than others. And I don't think it's okay to, in the name of diversity and inclusion,

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to say that it's equally valid to bring all of your cultural baggage to a new place.

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And the European Enlightenment is currently getting a little bit of a resilience test

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in terms of how it's able to continue in the face of those who are more willing to impose

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their religious views on others.

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Extremely good points, Luke.

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And yeah, I absolutely agree.

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like all religions are not of equal value of course.

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Some ideas are good and some ideas are bad.

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And ideas that lead to like sub-communities

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with their own sets of laws and traditions

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is probably not good if you want a society

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to be a high trust one.

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Which is not necessarily something you want.

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But yeah, I think they...

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What I'm fishing for in this chapter

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and what I think, I still think is super important

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is that we cannot be truly secular until we recognize statism as just another religion.

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Because statism is imposing your beliefs on the population, without consent.

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And that's what this is all about.

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That's why secularism was invented in the first place.

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I couldn't stone you for blasphemy and using the name of our Lord in the wrong context,

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because that was not a law.

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That was not lawful.

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It was a religious practice.

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But the point is, there's still a difference between lawful and legal

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as we get into the other books.

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Natural law is what should govern this,

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and no one should be able to impose their beliefs onto others,

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including the taxman, and we're not there yet.

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We're definitely not there yet.

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Yeah, I think my last point on this is something like, I think secularity is a very admirable goal, absolutely. But it's hard to implement when, ironically, you have a lot of different things that need to be secularized at the same time.

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Like the funny thing is, I think about examples where maybe secularism kind of works in practice. I'm biased and I think you're biased differently, but I think the Nordic countries are one of the ones who have implemented it the best, where society is pretty darn, it's ingrained.

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There's not a lot of religiosity and there's not a lot of controversy about there not being a lot of religiosity. But the thing is, those were extremely homogenous societies 50, 100 years ago when this was all really getting implemented, right?

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So it's, it's, yeah, I, I hate to be like really on a, on a, a bit of a screed here in terms of this, this particular point, but, uh, it, it, there's a, there's a lot of reasons why it's, it's, uh, it's important for a certain geographical area to all have the same culture base.

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and those coming into a culture are willing to adapt themselves to the cultural base themselves.

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I think that's important regardless of whether we're in Ancapistan or some kind of state exists.

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Absolutely, and I think we will have a lot of long and fruitful discussions about this.

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This is an area where we slightly differ in our takes,

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but I think we have a lot to learn from one another in these specific areas.

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And we did in the clown world, we wrote a lot about this stuff.

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And the thing to be said for the Nordic countries is that if there's one thing this has led to is the religion of statism becoming even stronger.

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So there's something to be said for that.

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Like the church as a force in the opposite direction to the state is sort of non-existent in the Nordics.

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If you compare it to Midwestern US, for instance, where the churches are still sort of a resistance movement to political movements.

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I think there's a very interesting topic in general.

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And the idea of secularity is sort of a nudge in the right direction.

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It's sort of one of these old ideas that didn't walk all the way.

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But it still made people think about these things.

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And I find it insanely fascinating that this is the timeline we live in.

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I absolutely agree, and I think you're foreshadowing the continuance here, so I think let's move on.

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While the separation of church and state was all nice and dandy, it is hard to see it as something other than a small first step towards something even greater,

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once you've accepted the idea that there's really no clear distinction between religious and political dogma.

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Democratic countries still engage in warfare, and they still imprison people for victimless crimes, such as owning a gun or a specific plant.

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We're not immune to barbarism until we're truly self-sovereign.

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In order for society to be truly secular, we need to separate not only church and state, but money and state.

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In other words, we have to separate ourselves from the state, or at least minimize its influence over our lives.

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This will never be done by the state itself, but requires individuals to take matters into their own hands.

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Those who don't aren't ever really secular, but shackled to whatever set of beliefs their nation's leaders hold.

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Politics has never truly been about us versus them.

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It has always been and still is about you versus those who wish to control you.

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All right.

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Separating money from state.

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Yeah, which is basically separating everything from state because separating money from state means no money for the state.

251
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That's what it ultimately leads to.

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And that's the revolution I'm in here for in this for to begin with.

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At least taking away as much as possible of their power because they have way too much power now.

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The fact that wars exist is a testament to that.

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A war is a hideous crime against humanity and it's always carried out by the state.

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Taxes are a crime against humanity.

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Everything non-consensual is a crime against humanity.

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And I'm adamant about that. I'm not going to change that view. I think we can do better than politics.

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Yeah, totally agree. And well, yeah, this is exactly what I'm here for as well. Get the control of money out from the state. I mean, I think we can start with taking away the power of the money printer. I think that's important.

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Even if we're looking sort of more short term, if the state has fewer means of affecting monetary policy, that's a good thing. And they're still going to have quite a lot of say in things, as long as there is such a thing as fiat currency and they can change the interest rate and the banks therefore make more money or don't make as much money.

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But take away the power of the money printer and fix onto a form of money that is decentralized and not in anyone control And we might be able to take away the monopoly on violence And the ultimate end step for me would be that the nation state or the state of any kind

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is really no more than just the management corporation of the natural monopolies of a

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certain geographical area.

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And that is hopefully going to be quite small, the 10,000 Lichtensteins kind of deal.

265
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Absolutely. One thing that I just remembered is you said something about secularity before and how hard it is to achieve when you don't have cultural homogeneity. There's a very good comparison in Bitcoin there, and that is the word decentralization.

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If you replace the word secular with the word decentralized, that is sort of what's going on in Bitcoin. Like you need a homogenous culture. In other words, you need Bitcoiners to be monetary maximalists to actually impose, to actually make decentralization work.

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work in other if you don't then decentralization is just a buzzword like in the other fucking

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cryptos so so this is this is crucial it's exactly the same thing you you need this sort of based

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you have to take this base set of moral values for granted for the thing to work at all in order

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for society to be secular you need a high trust society to begin with you need people to have the

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same set of more of values same thing is true for bitcoin if bitcoin is to stay decentralized

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we need to all view bitcoin as money otherwise we're we're fiddling around with a very very

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slippery slope so i think there i think that's a true comparison i really like that and uh in an

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attempt to to clarify my previous statement just slightly so that maybe i don't get fired if if

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If someone from my employer sees this particular video, what I mean by you need sort of a base of homogeneity is that you still need in a certain geographical area, country for lack of a better term, but in the larger countries like a region or something like this, a province, Alberta, for example, US state.

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you need some kind of base where say 90% is,

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is all kind of going the same direction, speaking the same language.

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People understand each other. Uh,

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you walk down the street and you can predict how people are going to be.

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And the percentage of people who fall outside of that because they're from

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elsewhere, uh,

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are small enough that they are more inclined to, to, uh,

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integrate into the society. And, and, uh, there,

284
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There also definitely needs to be some kind of avoiding ways for ghettoization, for lack of a better term, like people just moving to their own neighborhoods.

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I mean, a historical example that applies to Europe is the Roma people for centuries.

286
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And actually, even the Jewish people, like for centuries, both groups tended to be shunted off into their own little places.

287
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And you can argue who refused to integrate who, but basically you created this entrenched long-term minority that wasn't actually like a part of the wider society.

288
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It was nice Christian people.

289
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And then you had the Romani people over here and you had the Jews over here.

290
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And there's still long, long-term effects of that.

291
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And in the US, for example, there are neighborhoods that are predominantly one ethnic group and not a lot of mixing there, right?

292
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Like you can argue about whether that's effective or not, but it creates different subcultures within an area.

293
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And that might be good for getting a variety of experience.

294
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there's a there's a subset of people who really enjoy all of these experiences like like uh be

295
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being open to to new experiences and enjoying things that are on on boundaries and stuff and

296
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and there's a place for that for sure but there's a point where it gets to be too much for the

297
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average population and then you you lose social cohesion and everything is is kind of kind of

298
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lost. But since we've drawn these borders on a map, you get countries that plot on and on and on

299
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and have an illusion of actually staying together, where maybe there is enough of a cultural difference

300
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between various places that maybe it's not the best to keep these nation states together.

301
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There's a lot there, but this really is just a point of saying that, you know, immigration is a

302
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good thing if done right, if people aren't taking advantage of it and are willing to

303
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adopt the culture for the most part, or at least not be actively opposed to it.

304
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That's my position.

305
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Consensual immigration, in other words.

306
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So I think that's another comparison to be made to the Bitcoin network here, which is

307
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like the mempool policies.

308
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And as soon as you get above the threshold of like 10%, then the ideas will propagate around the network.

309
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So if these smaller subgroups get larger than 10%, then their ideas will be around the rest of the culture too.

310
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I think that's how it works very similar with a network of people in a society.

311
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We relay messages to one another.

312
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We speak different languages.

313
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If a smaller language is around 10%, then it will propagate throughout society and we will adopt some of their sayings and so on and so forth.

314
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I think this is true for Bitcoin as well as the rest of society.

315
00:30:45,218 --> 00:30:49,178
Maybe it's a bit of a stretch, but yeah, I find these comparisons fascinating.

316
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I thought it was good.

317
00:30:51,218 --> 00:30:54,718
And yeah, actually, I forgot to bring it back to the Bitcoin of it, so I'm glad that you did.

318
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But yeah, the analogy works very much so.

319
00:30:58,378 --> 00:31:03,678
I mean, I think the thing is you can have some rate of change on a nation state level.

320
00:31:03,778 --> 00:31:06,198
Things are always going to change and all this.

321
00:31:06,398 --> 00:31:14,778
And even on Bitcoin, the thing is the external conditions to Bitcoin and the people on the network are always changing, growing, hopefully, in terms of the number of people.

322
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But Bitcoin needs to be able to respond to threats and be able to take action if there is some kind of attack against Bitcoin.

323
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but the thing is

324
00:31:27,818 --> 00:31:30,498
other than that I'm very much for

325
00:31:30,498 --> 00:31:33,818
extreme conservatism within Bitcoin

326
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a change has to be good

327
00:31:36,158 --> 00:31:39,798
it has to convince the whole network

328
00:31:39,798 --> 00:31:41,378
that it's definitely going to be a good thing

329
00:31:41,378 --> 00:31:45,298
for us to really do any changes to Bitcoin

330
00:31:45,298 --> 00:31:47,698
so yeah lots there

331
00:31:47,698 --> 00:31:49,978
absolutely

332
00:31:49,978 --> 00:31:52,718
I mean for the highest quality plebslop

333
00:31:52,718 --> 00:31:56,238
and there is no better channel than the Bitcoin Infinity show.

334
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So this is where it happens.

335
00:32:00,718 --> 00:32:03,418
Anyway, move on to the next section, please, Luke.

336
00:32:03,698 --> 00:32:04,338
Yes, definitely.

337
00:32:04,998 --> 00:32:09,478
If a mobster with a gun knocks on your door and demands payment for your protection,

338
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the wisest response might be to pay him off.

339
00:32:13,038 --> 00:32:17,858
It may also be wise not to slander or talk about him and his organization behind his back.

340
00:32:18,518 --> 00:32:23,958
That doesn't mean you have to agree with his worldview or find his behavior to not be morally reprehensible.

341
00:32:25,098 --> 00:32:28,598
The thoughts in your head are always your last bastion of freedom.

342
00:32:29,358 --> 00:32:33,978
No matter the threat, you're always free to do as you please inside the dome of your skull.

343
00:32:35,118 --> 00:32:39,058
Remember this, because one day the truth will truly set you free if you need it to.

344
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The truth of 24 words memorized.

345
00:32:42,238 --> 00:32:48,198
The act of memorizing the seed of a Bitcoin wallet has already saved the lives of an unknown number of refugees

346
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And one day you might need to carry your own 24 words in your head too

347
00:32:52,678 --> 00:32:58,618
The more of your wealth you store in the physical realm, the easier it is to confiscate what you have

348
00:32:58,618 --> 00:33:02,738
24 words in a brain, on the other hand, can't even be detected

349
00:33:02,738 --> 00:33:06,758
It is impossible for a perpetrator to know that you even have them

350
00:33:06,758 --> 00:33:10,558
The so-called brain wallet is a very underrated concept

351
00:33:10,558 --> 00:33:14,278
and one of the most profound aspects of what Bitcoin can do for you.

352
00:33:15,198 --> 00:33:19,458
It completely redraws the political world map for those who know about it,

353
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blurring out the borderlines between nations and turning otherwise dangerous places into potential markets.

354
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When the money already exists everywhere,

355
00:33:28,418 --> 00:33:31,418
any limit on what amount you may carry from one nation to the other

356
00:33:31,418 --> 00:33:35,198
is as laughable as if there was a limit on how many languages you are allowed to know.

357
00:33:36,518 --> 00:33:39,638
The impact this will have on the financial freedom of individuals

358
00:33:39,638 --> 00:33:43,518
and in turn the world economy is vastly underestimated.

359
00:33:44,318 --> 00:33:47,838
The practice is still unknown to most people, but real nonetheless.

360
00:33:48,818 --> 00:33:54,198
Like with everything else in Bitcoin, it is only a matter of time before people begin to realize what's going on.

361
00:33:54,838 --> 00:33:59,138
Yeah, so a lot there, but the brain wallet concept is extremely interesting.

362
00:34:00,058 --> 00:34:05,298
Yeah, and the first couple of sentences in this paragraph, if you back up one page,

363
00:34:05,298 --> 00:34:07,718
the mobster that knocks on your door

364
00:34:07,718 --> 00:34:09,278
this is the thing

365
00:34:09,278 --> 00:34:11,238
everyone is suffering from Stockholm Syndrome

366
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because it's dangerous

367
00:34:13,818 --> 00:34:17,738
to say bad things about the state

368
00:34:17,738 --> 00:34:18,838
in most states

369
00:34:18,838 --> 00:34:20,038
if not all

370
00:34:20,038 --> 00:34:23,538
it's dangerous to not do as they say

371
00:34:23,538 --> 00:34:26,078
and to claim that you do not

372
00:34:26,078 --> 00:34:27,698
adhere to their principles

373
00:34:27,698 --> 00:34:32,358
I think that's a very underrated

374
00:34:32,358 --> 00:34:34,138
way of looking at things

375
00:34:34,138 --> 00:34:36,598
and view the world.

376
00:34:37,738 --> 00:34:41,138
I love South Park, as you know.

377
00:34:41,418 --> 00:34:44,698
And if you look at their latest depiction of Trump,

378
00:34:44,878 --> 00:34:46,818
which is not in a very good light,

379
00:34:47,338 --> 00:34:50,078
that show is aired in the US.

380
00:34:50,718 --> 00:34:54,738
And even though the White House has officially stated

381
00:34:54,738 --> 00:34:56,898
that they think they're irrelevant or whatever,

382
00:34:57,378 --> 00:34:58,478
it's still allowed.

383
00:34:59,278 --> 00:35:01,798
There's no other place on earth, probably,

384
00:35:01,798 --> 00:35:07,218
where a cartoon could make such mockery out of the elite class.

385
00:35:07,678 --> 00:35:09,818
That is very dangerous in most other countries,

386
00:35:10,278 --> 00:35:12,578
especially now in the UK and Germany.

387
00:35:12,578 --> 00:35:15,478
I don't think you can even say anything bad about any politician

388
00:35:15,478 --> 00:35:18,118
unless they're from the so-called far right

389
00:35:18,118 --> 00:35:22,498
without risking being thrown in jail.

390
00:35:22,778 --> 00:35:25,058
So I think this is so underrated.

391
00:35:25,058 --> 00:35:27,838
And also the other underrated idea here is, of course,

392
00:35:27,958 --> 00:35:30,658
the 24 magic words or 12 magic words,

393
00:35:30,658 --> 00:35:32,258
which is sufficient for most cases.

394
00:35:33,018 --> 00:35:35,578
The BrainWallet, I think it's super underrated.

395
00:35:35,818 --> 00:35:39,778
It's not a recommended practice to memorize your seed phrase

396
00:35:39,778 --> 00:35:44,098
and walk over a border, but you can if you need to.

397
00:35:44,238 --> 00:35:46,558
And that's the important takeaway here.

398
00:35:48,378 --> 00:35:52,378
You're not allowed to carry more than $10,000 across this border,

399
00:35:52,518 --> 00:35:55,978
which is a figure that hasn't been updated since the 70s, by the way,

400
00:35:55,978 --> 00:36:04,678
is completely obsolete at this point.

401
00:36:04,858 --> 00:36:05,818
It doesn't work.

402
00:36:05,978 --> 00:36:07,218
It cannot be enforced

403
00:36:07,218 --> 00:36:09,378
because people can have money in their heads.

404
00:36:10,598 --> 00:36:13,818
In effect, this is sort of a thought embryo

405
00:36:13,818 --> 00:36:15,958
to the you are your Satoshi thing

406
00:36:15,958 --> 00:36:17,898
that we go deep into in clown world.

407
00:36:19,398 --> 00:36:21,958
The fact that they exist within your head

408
00:36:21,958 --> 00:36:25,418
is proof that you not only own your Bitcoin,

409
00:36:25,418 --> 00:36:32,358
you are your bitcoin and i i think this is like vastly unexplored we have only seen the tip of the

410
00:36:32,358 --> 00:36:39,938
iceberg we've like uh we've discovered the wheel but we have not yet figured out that we can roll it

411
00:36:39,938 --> 00:36:46,938
we're sort of that's how early we are into bitcoin yeah definitely i think this earlier part about

412
00:36:46,938 --> 00:37:05,467
essentially yeah the the payment for protection which is a is a nice analogy that the the state is really the mob basically and you kind of go along with it but you don have to like it or agree with it I mean this is the funny catch that we in as Bitcoiners right

413
00:37:05,587 --> 00:37:10,727
Like, for the most part, we all live in places where we have to be somewhat careful about what we do or do not say.

414
00:37:11,787 --> 00:37:15,427
We would never advocate for anything illegal on this show, right, Knut?

415
00:37:16,987 --> 00:37:18,707
Unlawful is the correct perv.

416
00:37:19,267 --> 00:37:19,527
Yes.

417
00:37:20,927 --> 00:37:21,327
Sure.

418
00:37:21,327 --> 00:37:27,107
No, no, no. We don't advise people to break any laws of their particular jurisdiction.

419
00:37:28,107 --> 00:37:41,207
Yeah, exactly. And I think the border wallets thing is also really interesting because it's, as you say, it breaks down borders, but it also creates other things, right?

420
00:37:41,207 --> 00:37:47,027
Like wealth moves more freely throughout the world, even if there are barriers on people moving throughout the world.

421
00:37:47,027 --> 00:37:58,207
And if people are able to move their capital so freely, like they're going to choose the places that are the best for them and advocate for improvements in their local area, right?

422
00:37:58,307 --> 00:38:03,987
Like a person with capital is fundamentally different from a person without capital.

423
00:38:03,987 --> 00:38:09,187
just like a person with skills is fundamentally different from a person without skills or

424
00:38:09,187 --> 00:38:15,507
communication ability or this and that. Again, this is in the category of like brutally harsh

425
00:38:15,507 --> 00:38:23,067
truths that are extremely politically incorrect, but jurisdictions are going to compete for people

426
00:38:23,067 --> 00:38:28,387
with capital and skills and things that can contribute, right? Yeah, we can play pretend

427
00:38:28,387 --> 00:38:31,607
and claim that every single person is of equal value,

428
00:38:31,747 --> 00:38:32,707
but that is not true.

429
00:38:33,047 --> 00:38:36,187
It simply isn't because value is subjective and dynamic

430
00:38:36,187 --> 00:38:39,347
and we evaluate different people

431
00:38:39,347 --> 00:38:41,567
and different things within our brains.

432
00:38:41,907 --> 00:38:44,367
It's not something that you can quantify.

433
00:38:46,047 --> 00:38:50,327
You are of a different value if you have more capital.

434
00:38:50,547 --> 00:38:53,207
It's like you can live in this fairytale world

435
00:38:53,207 --> 00:38:54,387
that that isn't the case,

436
00:38:54,507 --> 00:38:57,527
and your political beliefs and your political system

437
00:38:57,527 --> 00:39:00,947
can pretend that that's the case, but it's simply not the case.

438
00:39:01,947 --> 00:39:03,627
By the way, there are two sexes.

439
00:39:05,487 --> 00:39:07,687
Ah, interesting.

440
00:39:09,847 --> 00:39:14,767
So the other point here kind of that follows along with that

441
00:39:14,767 --> 00:39:20,727
is the point about the effect of basically this financial freedom, right?

442
00:39:20,807 --> 00:39:24,387
Like if you're able to move your capital to wherever you want

443
00:39:24,387 --> 00:39:30,207
and invest it wherever you want and put most of it into Bitcoin because that's just smarter to do

444
00:39:30,207 --> 00:39:34,387
than not put it into Bitcoin. The incentives are all going to completely change, right?

445
00:39:34,687 --> 00:39:39,567
Investment is only going to go into those things that are valuable instead of so much of it being

446
00:39:39,567 --> 00:39:44,647
taken away by tax. And the exit tax, we've talked about this before, is one of the most immoral

447
00:39:44,647 --> 00:39:50,147
taxes there is because it means you can't even leave without giving up some portion of your

448
00:39:50,147 --> 00:39:55,787
wealth i i think they're they're absolutely barbaric and uh uh because it takes away even

449
00:39:55,787 --> 00:40:01,387
the the optionality of just like leaving the system right yeah not applicable to people with

450
00:40:01,387 --> 00:40:07,107
kyc free bitcoin though like that's that's the big takeaway here this is actually separating

451
00:40:07,107 --> 00:40:14,307
borders from state like which is sort of separating the state uh or borders from money if you will

452
00:40:14,307 --> 00:40:35,187
This is one of the aspects that makes Bitcoin so fantastic because it's making us question all of these political lines that we're drawn in the sand about what the difference is between one country and the other or the difference between capitalism and socialism and whatever, the red and the blue.

453
00:40:35,187 --> 00:40:42,167
all of that being questioned by this apolitical thing that just allows you to float above it all

454
00:40:42,167 --> 00:40:50,207
and not give a not give a crap love it i think uh let's let's go through the final paragraph here

455
00:40:50,207 --> 00:40:55,647
which to a certain extent is the final canon paragraph of this book we have one chapter

456
00:40:55,647 --> 00:41:03,087
still to come but it's it's a bit of a glossary of terms chapter so i think this is a a nice one to

457
00:41:03,087 --> 00:41:06,627
to end the canonical book with.

458
00:41:07,447 --> 00:41:07,907
Absolutely.

459
00:41:08,987 --> 00:41:10,307
Clear your mind.

460
00:41:10,787 --> 00:41:11,707
Start from scratch.

461
00:41:12,507 --> 00:41:13,747
Unlearn what you have learned.

462
00:41:14,527 --> 00:41:17,267
Every educational institution you've ever been to

463
00:41:17,267 --> 00:41:19,827
exists solely because of someone's agenda.

464
00:41:20,747 --> 00:41:22,167
If you are a straight A student,

465
00:41:22,307 --> 00:41:23,747
you excelled at being average.

466
00:41:24,627 --> 00:41:26,527
Congratulations, you're a sheep.

467
00:41:27,187 --> 00:41:29,227
The core science subjects are true

468
00:41:29,227 --> 00:41:31,147
because the experiments can be verified.

469
00:41:31,147 --> 00:41:35,467
The social sciences are all biased and tailored for a certain narrative

470
00:41:35,467 --> 00:41:40,187
You're born, you live, and you will most probably die eventually

471
00:41:40,187 --> 00:41:43,727
The laws of nature govern everything in between

472
00:41:43,727 --> 00:41:48,267
All societies are just intersubjective constructs of the human mind

473
00:41:48,267 --> 00:41:51,487
Choose your life's focus carefully

474
00:41:51,487 --> 00:41:55,327
If you don't, you might trifle away your existence

475
00:41:55,327 --> 00:41:57,667
Believing fairy tales to be true

476
00:41:59,027 --> 00:42:01,107
Wonderful. What did you mean by that, Knut?

477
00:42:01,147 --> 00:42:19,527
Yeah, it's a nudge here in the a priori direction, even though it doesn't explicitly say a priori sciences anywhere. But the social sciences being opinion rather than science is absolutely true.

478
00:42:19,527 --> 00:42:24,087
because you can there is an absolute social science and that is praxeology

479
00:42:25,367 --> 00:42:34,567
as introduced by this wonderful book in the corner here and you can figure out stuff about

480
00:42:34,567 --> 00:42:41,047
human action without need the need for any empirical evidence whatsoever you can just

481
00:42:41,687 --> 00:42:48,167
draw if then statements and draw conclusions from if then statements if a then b

482
00:42:49,527 --> 00:42:57,627
In other words, use deductive reasoning to know how humans act, how action works, how incentives work.

483
00:42:58,367 --> 00:43:04,387
The law of diminishing marginal utility and so on can teach you a lot about human being and human behaviors.

484
00:43:05,107 --> 00:43:11,887
So yeah, study praxeology and shout out to Daniel Prince for this fantastic sentence.

485
00:43:11,887 --> 00:43:15,147
If you're a straight A student, you excelled at being average.

486
00:43:15,147 --> 00:43:18,767
that's Daniel's sentence

487
00:43:18,767 --> 00:43:20,127
and I had to put it in the book

488
00:43:20,127 --> 00:43:21,147
because it's so good

489
00:43:21,147 --> 00:43:22,487
so thank you for that Daniel

490
00:43:22,487 --> 00:43:25,507
yeah it's an excellent sentence

491
00:43:25,507 --> 00:43:27,647
and the whole thing is great

492
00:43:27,647 --> 00:43:32,007
it's yeah this is the philosophical side of Bitcoin

493
00:43:32,007 --> 00:43:34,147
the things that you learn by

494
00:43:34,147 --> 00:43:36,387
and or through adopting Bitcoin

495
00:43:36,387 --> 00:43:38,707
you of course can learn Praxeology

496
00:43:38,707 --> 00:43:41,207
entirely independently from Bitcoin

497
00:43:41,207 --> 00:43:43,907
there are certainly many people who have done so

498
00:43:43,907 --> 00:44:02,727
Even the Praxeology book never mentions Bitcoin except in the bio page for you, Knut. And so a little Trojan horse situation, perhaps, if we can get that out to more people. But yeah, it's great.

499
00:44:02,727 --> 00:44:16,387
The natural conclusion of adopting Bitcoin to me is that you become more focused on the sovereignty of the individual and the independence and freedom aspects.

500
00:44:16,387 --> 00:44:22,527
And those are important. And that's what we're aiming to overturn.

501
00:44:22,527 --> 00:44:30,327
the state and I'm not really totally hedging here like the state is a construct that exists

502
00:44:30,327 --> 00:44:37,667
and we live in a world with states and borders and boundaries and all this and there are good

503
00:44:37,667 --> 00:44:44,427
aspects to that many many places are very nice to live in and they bring a good order to society

504
00:44:44,427 --> 00:44:52,487
and that's all right but the downsides the threat of violence the monopoly on violence this is all

505
00:44:52,487 --> 00:44:55,107
things that would be good to reduce

506
00:44:55,107 --> 00:44:57,307
and reducing the constant theft

507
00:44:57,307 --> 00:44:59,467
of individuals time and efforts

508
00:44:59,467 --> 00:45:01,167
and all of the things that

509
00:45:01,167 --> 00:45:03,087
could be if you didn't have

510
00:45:03,087 --> 00:45:04,987
taxes taking 60% of it or

511
00:45:04,987 --> 00:45:06,907
90% of it depending on how you count

512
00:45:06,907 --> 00:45:09,247
that's a world

513
00:45:09,247 --> 00:45:11,107
worth exploring and I

514
00:45:11,107 --> 00:45:13,467
hope we move in that direction

515
00:45:13,467 --> 00:45:14,647
as Bitcoin

516
00:45:14,647 --> 00:45:17,087
grows in adoption

517
00:45:17,087 --> 00:45:17,967
further and further

518
00:45:17,967 --> 00:45:20,107
yeah and

519
00:45:20,107 --> 00:45:29,287
And also inflation, if not even more so, that's the thing that skews everything into the state's advantage.

520
00:45:30,087 --> 00:45:36,807
They wouldn't be able to harass us as much if inflation wasn't a thing.

521
00:45:37,547 --> 00:45:46,767
It's the invisible tax that everyone has to pay that sort of puts a dampener on human progress in general.

522
00:45:46,767 --> 00:45:51,107
we never see the exponential effects of the free markets that could have been

523
00:45:51,107 --> 00:45:53,587
because of inflation and it's horrible

524
00:45:53,587 --> 00:46:02,287
absolutely well I don't have anything else to add here I think this has been a very interesting

525
00:46:02,287 --> 00:46:08,627
chapter though secularism and the effects of secularism and parallels on bitcoin anything

526
00:46:08,627 --> 00:46:14,667
else to to say about this chapter Knut no as you say this is sort of the final chapter of the book

527
00:46:14,667 --> 00:46:20,747
The actual final chapter is sort of a glossary of concepts here.

528
00:46:20,807 --> 00:46:23,907
We're going to go into that next week.

529
00:46:25,887 --> 00:46:29,367
Yeah, and I'm very happy with this book in hindsight.

530
00:46:29,687 --> 00:46:33,307
It's the book I had least help writing from editors and such,

531
00:46:33,407 --> 00:46:36,847
and I still think it holds.

532
00:46:37,527 --> 00:46:40,747
Most of the things in the book are things I still agree with.

533
00:46:40,747 --> 00:46:45,327
and yeah I'm very happy about it.

534
00:46:46,547 --> 00:46:47,507
Very good to hear.

535
00:46:48,087 --> 00:46:49,847
Yeah I've enjoyed this very much

536
00:46:49,847 --> 00:46:51,247
one more chapter to go

537
00:46:51,247 --> 00:46:52,187
and then we'll do a summary

538
00:46:52,187 --> 00:46:54,047
so I think that's it.

539
00:46:55,167 --> 00:46:57,547
So I think just before we wrap up

540
00:46:57,547 --> 00:46:59,907
we'll mention the Plan B network

541
00:46:59,907 --> 00:47:01,767
and actually we have something specific

542
00:47:01,767 --> 00:47:03,187
to talk about this time

543
00:47:03,187 --> 00:47:05,447
we can mention the Plan B network

544
00:47:05,447 --> 00:47:06,387
business school

545
00:47:06,387 --> 00:47:08,547
and the development school

546
00:47:08,547 --> 00:47:21,607
So both can be found at planb.academy. All the information is there. And you can speak a little more to what these are, but I'll just mention off the top, you can get a 10% discount with CodeInfinity.

547
00:47:21,607 --> 00:47:27,727
yes and there will be a plan b business school in lugano this summer so this is for the top two

548
00:47:27,727 --> 00:47:33,667
students of uh at least the business school i think it's of both schools now right from the

549
00:47:33,667 --> 00:47:38,767
business school and the coding school and they're sort of merging the the things together during

550
00:47:38,767 --> 00:47:45,607
this week uh this summer uh more information on the plan b website of course uh i'm doing a full

551
00:47:45,607 --> 00:47:53,207
course on Praxeology this spring. And yeah, looking forward to see you all in Lugano or

552
00:47:53,707 --> 00:47:59,407
or San Salvador for that matter. We're heading back to San Salvador here in the end of January.

553
00:47:59,407 --> 00:48:02,587
So looking forward to that too for the plan before I'm there.

554
00:48:03,727 --> 00:48:08,167
Excellent. Love everything plan B is doing. So just a reminder, check out plan B dot network or

555
00:48:08,167 --> 00:48:13,267
plan B Academy for more information and use code infinity. And then of course, we have our favorite

556
00:48:13,267 --> 00:48:18,967
hardware wallet the Bitbox if you need a hardware wallet or your relatives need a hardware wallet

557
00:48:18,967 --> 00:48:24,947
the Bitbox is the easiest to use it has the latest secure chip you can use it with iOS now with the

558
00:48:24,947 --> 00:48:31,907
Nova edition so go to bitbox.swiss slash infinity and check that out and you can get all the

559
00:48:31,907 --> 00:48:37,507
information there and you get a discount with with our code infinity anything more about the

560
00:48:37,507 --> 00:48:44,327
bitbox, Knut. No, it's just an overall fantastic hardware wallet. I love the interface. I love the

561
00:48:44,327 --> 00:48:52,107
device. It's good for all intents and purposes. If those purposes are downloading the Bitcoin

562
00:48:52,107 --> 00:48:58,427
only hardware or firmware. Perfect. And with that, this has been the Bitcoin Infinity Academy.

563
00:48:58,927 --> 00:49:01,647
Thank you for listening. Bye bye.

564
00:49:07,507 --> 00:49:37,487
Thank you.
