1 00:00:00,760 --> 00:00:03,320 Choose the pedophile whose values are yours. 2 00:00:03,320 --> 00:00:06,640 Who is the pedophile who has a pro-business attitude? 3 00:00:06,640 --> 00:00:10,320 Is there a pedophile who cares about the climate? 4 00:00:10,320 --> 00:00:13,160 Is the pedophil... who wants better schools? 5 00:00:13,160 --> 00:00:14,880 Probably all of them. 6 00:00:14,880 --> 00:00:20,920 What pedophile has the viewpoint that you align with? 7 00:00:20,920 --> 00:00:23,880 What pedophile believes in infrastructure? 8 00:00:23,880 --> 00:00:28,960 Who is the pedophile that's going to keep us out of costly foreign wars? 9 00:00:28,960 --> 00:00:32,960 If you are the banker, I'm out of the game. 10 00:00:32,960 --> 00:00:37,560 If you are the printer, it means I'm broke and lame. 11 00:00:37,560 --> 00:00:42,260 All your fiat glory means I must walk in shame. 12 00:00:42,260 --> 00:00:45,360 I want it harder. 13 00:00:45,360 --> 00:00:46,660 I won't play your game. 14 00:00:46,660 --> 00:00:58,660 Magnified, sanctified, I will stake my claim 15 00:00:58,660 --> 00:01:03,060 Filified, crucified in my fiendere 16 00:01:03,060 --> 00:01:07,460 A million miners hashing for wealth to be claimed 17 00:01:07,460 --> 00:01:09,860 I want it harder 18 00:01:16,660 --> 00:01:21,600 Hineni, hineni, I'm ready my lord. 19 00:01:22,940 --> 00:01:27,320 It is Sunday, July 20th. 20 00:01:27,640 --> 00:01:30,260 Welcome back to the Bugle Weekly, folks. 21 00:01:30,380 --> 00:01:33,200 The world is in turmoil. 22 00:01:33,520 --> 00:01:35,440 It is the fourth turning. 23 00:01:36,980 --> 00:01:38,300 Cars are burning. 24 00:01:38,500 --> 00:01:39,600 People are grumpy right now. 25 00:01:40,540 --> 00:01:42,500 People are really grumpy right now. 26 00:01:42,500 --> 00:01:46,420 And they're coming to the conclusion that Bitcoin is not Ozempic. 27 00:01:46,420 --> 00:01:51,420 It is not the one taking an orange pill doesn't fix everything magically. 28 00:01:52,160 --> 00:01:55,640 There's trade-offs happening here. 29 00:01:55,960 --> 00:01:57,420 Yeah, I think it depends. 30 00:01:58,320 --> 00:02:02,060 I think it just depends on your algorithm, on your timeline. 31 00:02:02,760 --> 00:02:09,580 It depends on your for you tab basically on Twitter because I don't see that. 32 00:02:09,720 --> 00:02:14,300 Like right now for me is probably this is the best summer ever so far. 33 00:02:14,300 --> 00:02:19,160 I mean, the whole context, everything, Paper Bitcoin Summer, this is fucking great. 34 00:02:19,320 --> 00:02:33,380 Like, if you're a Bitcoin podcaster, you are looking at new kinds of job opportunities and the ability to afford taxes you never could have to rent a couple of years ago when you were just, like, starting here. 35 00:02:33,480 --> 00:02:35,240 You didn't even have a professional logo yet. 36 00:02:36,460 --> 00:02:40,120 I mean, Bitcoiners, excuse me, Bitcoin podcasters getting jobs. 37 00:02:40,320 --> 00:02:41,260 We're in the government. 38 00:02:41,740 --> 00:02:42,520 We're setting a tone. 39 00:02:42,520 --> 00:02:46,560 We are establishing the vibe and it's paper Bitcoin summer. 40 00:02:46,700 --> 00:02:47,980 We are at, we're having a good time. 41 00:02:48,140 --> 00:02:53,180 It is, uh, the bull market is about the positive feeling, the positive vibe. 42 00:02:53,260 --> 00:02:54,860 This is why we're here, right? 43 00:02:54,880 --> 00:02:58,060 Like the, the way that we feel during the bull market, when we're right and everybody 44 00:02:58,060 --> 00:03:03,220 agree, it's all of this feeling of listening to podcasts really paid off. 45 00:03:03,220 --> 00:03:05,280 Like my wife is drastically improved. 46 00:03:05,340 --> 00:03:09,800 I'm getting tons of external feedback that shows that it, you know, I've made good decisions. 47 00:03:09,800 --> 00:03:17,100 and if you don't feel that right now i think that uh you're just you might be on the among out there 48 00:03:17,100 --> 00:03:24,020 something's going on because uh for a hour like pod jazz listeners bitcoiners it's paper bitcoin 49 00:03:24,020 --> 00:03:31,600 summer and how can you not be having a good time right now i think this is a case of a tale of two 50 00:03:31,600 --> 00:03:39,120 twitter feeds right that's exactly it's like the bus meme right like the they're looking at the same 51 00:03:39,120 --> 00:03:43,480 thing but to one person on one side of the bias it's like a dark gloomy like they're just looking 52 00:03:43,480 --> 00:03:47,600 at the wall they feel like they're not looking at anything positive they feel like they're just 53 00:03:47,600 --> 00:03:53,840 they'd hit a wall uh the other person sees fucking citadels in the valleys that sees 54 00:03:53,840 --> 00:04:01,940 fucking suits and cargo shorts together like on the top of the mountain um with the palm trees 55 00:04:01,940 --> 00:04:08,960 and walking down sunshine right and i don't know it's i think maybe you've been programmed by your 56 00:04:08,960 --> 00:04:16,460 algorithm to be grumpy maybe you'll seem grumpy right now for those that are grumpy i think a lot 57 00:04:16,460 --> 00:04:20,260 of them are really grumpy because they're coming to the realization that they can't just hang out 58 00:04:20,260 --> 00:04:26,760 as plebs and they have the choice of either going back to being an npc or being a pioneer 59 00:04:26,760 --> 00:04:34,920 and they're being thrust into this decision making process like they they the the circumstances around 60 00:04:34,920 --> 00:04:41,720 them or force there's a call to action like in in the hero's journey like look at star wars with 61 00:04:41,720 --> 00:04:51,860 luke skywalker luke didn't just run and try to join the alliance the war came to him unexpectedly 62 00:04:51,860 --> 00:04:57,040 these droids showed up on his doorstep the stormtroopers came they killed his aunt and uncle 63 00:04:57,040 --> 00:05:03,340 there was that call to action and what we're seeing right now for bitcoiners 64 00:05:03,340 --> 00:05:05,160 or for a lot of these plebs 65 00:05:05,160 --> 00:05:08,520 is this call to action of the world 66 00:05:08,520 --> 00:05:09,500 is going to be difficult 67 00:05:09,500 --> 00:05:13,460 and a paper Bitcoin company 68 00:05:13,460 --> 00:05:14,820 is not going to hire you 69 00:05:14,820 --> 00:05:16,100 unless you have a Bitcoin podcast. 70 00:05:18,580 --> 00:05:19,100 Yeah. 71 00:05:19,720 --> 00:05:21,240 There is a lot of people. 72 00:05:21,880 --> 00:05:23,340 It's... 73 00:05:24,060 --> 00:05:25,180 For a lot of people, 74 00:05:25,280 --> 00:05:26,540 especially people listening to this, 75 00:05:27,600 --> 00:05:29,500 that calling, that higher action, 76 00:05:30,020 --> 00:05:32,220 that calling is to be a Bitcoin podcast. 77 00:05:33,340 --> 00:05:47,040 If you're listening to 40 hours per week and you're compressing, you're getting entropy, you know that your destiny is to start a Bitcoin podcast. 78 00:05:47,220 --> 00:05:50,200 Because it's like you have to signal with your node. 79 00:05:50,200 --> 00:06:03,060 You have to say, hey, add me to the percentage of knots because I'm out here and I've got this opinion about, like, I can solve Israel and Gaza with Bitcoin. 80 00:06:03,340 --> 00:06:04,220 Let me explain now. 81 00:06:05,180 --> 00:06:07,640 And you're going to convince that you could be that person. 82 00:06:07,780 --> 00:06:08,400 You know you could. 83 00:06:08,440 --> 00:06:10,140 You could solve a lot of problems. 84 00:06:12,180 --> 00:06:17,280 And when you kind of, you don't have to answer your calling. 85 00:06:17,400 --> 00:06:18,600 You don't have to answer the call. 86 00:06:19,420 --> 00:06:23,620 But it's going to be weighing on you. 87 00:06:23,620 --> 00:06:27,840 You have to figure out what's important in life. 88 00:06:27,940 --> 00:06:30,300 You have to figure out, am I willing to take these risks? 89 00:06:30,300 --> 00:06:35,020 am I willing to go out where the user experience is scary? 90 00:06:35,560 --> 00:06:37,280 I'd rather be grumpy than scared. 91 00:06:37,880 --> 00:06:39,000 That's how a lot of people feel. 92 00:06:39,520 --> 00:06:40,840 They'd rather be grumpy than scared. 93 00:06:41,060 --> 00:06:43,560 But really, if you're grumpy, it's because you're scared. 94 00:06:44,700 --> 00:06:45,940 So you have to answer the call. 95 00:06:47,200 --> 00:06:49,300 That's what I would say. 96 00:06:49,580 --> 00:06:51,620 People are waiting for a magic pill, 97 00:06:52,220 --> 00:06:57,120 whether it's a God candle up to 250,000 or whatever. 98 00:06:57,840 --> 00:06:59,380 They're waiting for that magic pill, 99 00:06:59,380 --> 00:07:04,060 but they're finding out that you're going to have to keep listening to 40 hours per week 100 00:07:04,060 --> 00:07:10,320 and making yourself uncomfortable with the user experience that you're working with. 101 00:07:10,440 --> 00:07:17,100 I think we really need to overhaul the world of psychology quite a bit. 102 00:07:17,220 --> 00:07:24,120 So in the world of psychology, you're probably familiar with people's trauma responses. 103 00:07:24,740 --> 00:07:27,240 That's something a lot of individuals talk about. 104 00:07:27,240 --> 00:07:28,660 and I think there 105 00:07:28,660 --> 00:07:31,000 you know it used to be fight or flight 106 00:07:31,000 --> 00:07:33,160 and then they added a new one called 107 00:07:33,160 --> 00:07:35,380 freeze a little while back 108 00:07:35,380 --> 00:07:36,860 and I think we need to 109 00:07:36,860 --> 00:07:38,600 add a new one called LARP 110 00:07:38,600 --> 00:07:40,660 and so 111 00:07:40,660 --> 00:07:43,280 LARPing 112 00:07:43,280 --> 00:07:45,020 is a trauma response 113 00:07:45,020 --> 00:07:46,520 in my opinion 114 00:07:46,520 --> 00:07:49,340 and 115 00:07:49,340 --> 00:07:51,160 I think you know like when 116 00:07:51,160 --> 00:07:53,040 when soldiers go through 117 00:07:53,040 --> 00:07:54,000 basic training 118 00:07:54,000 --> 00:07:55,840 you're 119 00:07:55,840 --> 00:08:01,340 what they're essentially trying to do is they're trying to condition people's trauma responses. 120 00:08:01,340 --> 00:08:04,740 So they're trying to desensitize them a little bit to danger and violence. 121 00:08:05,980 --> 00:08:10,980 And they're trying to get them into a position where in this scenario that they're in a traumatic event, 122 00:08:10,980 --> 00:08:13,540 they respond effectively. 123 00:08:15,600 --> 00:08:22,360 And the pleb is conditioned to LARP. 124 00:08:22,800 --> 00:08:24,780 And the pioneer is conditioned to fight. 125 00:08:24,780 --> 00:08:32,100 and the mpc is conditioned to either freeze or or flee and as a pioneer it's important to 126 00:08:32,100 --> 00:08:37,660 you know that what is podcasting podcasting is the preparation 127 00:08:37,660 --> 00:08:44,320 it's like the basic training like when you're when you're going and you're listening to podcasts 128 00:08:44,320 --> 00:08:49,900 you're listening to your 40 hours per week that's your basic training where you're getting 129 00:08:49,900 --> 00:08:59,580 condition when the tv tells you something like to buy non imagine buying stocks right now that are 130 00:08:59,580 --> 00:09:05,760 not paper bitcoin stocks during paper paper bitcoin summer like you're you're you're you're 131 00:09:05,760 --> 00:09:10,680 sitting there and you're you're working your ass off and you're putting your money in your 401k 132 00:09:10,680 --> 00:09:15,680 and some of it is being allocated towards Amazon 133 00:09:17,660 --> 00:09:27,560 instead of MicroStrategy or one of these other paper Bitcoin stocks It rather silly in my opinion 134 00:09:27,660 --> 00:09:32,040 So the podcasts are teaching you how to respond in this war. 135 00:09:32,240 --> 00:09:34,760 It's the fiat war, essentially. 136 00:09:35,000 --> 00:09:37,860 But you can't just hang out and sit in basic training. 137 00:09:38,000 --> 00:09:40,980 You've got to get up off your butt, and you've got to go to war. 138 00:09:40,980 --> 00:09:51,260 and i think a lot of the grumpiness is people that don't want to get up and go to war 139 00:09:51,260 --> 00:09:58,620 right right it's there's a lot of people who share you know one of the most popular memes 140 00:09:58,620 --> 00:10:03,300 is you know the crusader memes there's a lot of plaids out there who like to post crusader memes 141 00:10:03,300 --> 00:10:08,600 but you know everybody wants to be a crusader until it's time to go on a crusade 142 00:10:08,600 --> 00:10:17,280 and there's a lot of people who you know i think the larping thing comes down to it's pretty simple 143 00:10:17,280 --> 00:10:23,320 everybody says you fake it till you make it but you have to ask yourself if you were if you were 144 00:10:23,320 --> 00:10:28,260 faking it till you make it were you there to fake it or were you there to make it which one did you 145 00:10:28,260 --> 00:10:32,520 really want to do did you just want to fake it and larp and like have people think that you're a 146 00:10:32,520 --> 00:10:38,960 podcaster get some you know backstage uh meet david bailey dennis porter at a bitcoin conference 147 00:10:38,960 --> 00:10:48,040 get some selfies or did you want to put yourself out there and and be a bitcoin podcaster a real 148 00:10:48,040 --> 00:10:53,720 like a real bitcoin podcaster do you want that burden and the responsibility that comes with it 149 00:10:53,720 --> 00:10:58,080 were you doing the proof of work were you running data access were you running your own lightning 150 00:10:58,080 --> 00:11:07,480 node did you you know did you did you test your ability to succeed in managing your wife's 401k 151 00:11:07,480 --> 00:11:11,440 because she would let you you know buy bitcoin with it and take the penalty but she did let you 152 00:11:11,440 --> 00:11:15,900 buy micro strategy and other paper bitcoin companies or did you you know buy treasuries 153 00:11:15,900 --> 00:11:23,760 and gold and like you said amazon it's it's it's a mentality after a while uh you can't fake it 154 00:11:23,760 --> 00:11:34,540 anymore so you have to decide it's it's one or the other absolutely i mean i think it could be 155 00:11:34,540 --> 00:11:39,880 argued we've already experienced these moments you know like luke skywalker experienced where the 156 00:11:39,880 --> 00:11:47,080 the stormtroopers showed up and and killed his family uh but yeah you you have a choice of what 157 00:11:47,080 --> 00:11:51,540 you're gonna do you gotta you gotta take action at the end of the day you gotta take action you 158 00:11:51,540 --> 00:11:57,120 I think it's never been a more important time in history to smoke cigarettes, to say the least. 159 00:11:58,100 --> 00:12:02,980 But Paper Bitcoin Summer, I'm kind of getting over my grumpiness about it, Ron. 160 00:12:04,660 --> 00:12:06,480 I think your song really helped. 161 00:12:06,820 --> 00:12:09,120 Your song really helped me work through some grumpy. 162 00:12:09,120 --> 00:12:18,580 Yeah, I think all we just talked about is kind of the, it leads into what Paper Bitcoin Summer is, right? 163 00:12:18,580 --> 00:12:24,240 Like bigger Bitcoin summer is for people who, you know, they've been listening to the floor. 164 00:12:24,320 --> 00:12:30,180 They know that they got to wake up every morning and start hitting their 40 hours per week. 165 00:12:30,240 --> 00:12:31,680 They know they got to get their steps in. 166 00:12:31,980 --> 00:12:39,800 They know they got to go thrive on Saturday morning to get the raw milk and beef for sats and to shake their Bitcoin miners hand. 167 00:12:40,580 --> 00:12:44,420 They know they got to go, you know, to hang out with. 168 00:12:44,420 --> 00:12:53,080 dudes who just fucking get it in places like lake satoshi uh in michigan at the end of this month 169 00:12:53,080 --> 00:12:59,520 uh lakesatoshi.com in case you're wondering what i'm talking about um it's for those people it's 170 00:12:59,520 --> 00:13:06,140 for people who's got they've got the 40 hours per week body like the the proof of work you show up 171 00:13:06,140 --> 00:13:12,440 you're in your baby so you're on the beach you're you're wearing a suit at the uh you know the yacht 172 00:13:12,440 --> 00:13:15,140 party, you know, it's, it's paper Bitcoin summer. 173 00:13:15,240 --> 00:13:19,660 You're going to be there because why would you and your friends not be getting 174 00:13:19,660 --> 00:13:22,900 together at a Bitcoin conference? That's, that's what, uh, 175 00:13:23,000 --> 00:13:27,460 being a Bitcoin podcast is all about. Um, you're going to be a, 176 00:13:27,520 --> 00:13:28,760 you're going to be a paper Bitcoin summer. 177 00:13:28,860 --> 00:13:35,060 Like it's showing off the results of listening to 40 hours per week in person. 178 00:13:35,060 --> 00:13:37,620 You look your best, you're, you're projecting your best. 179 00:13:37,720 --> 00:13:41,560 You're making new friendships. Um, that's what paper Bitcoin's owner is about. 180 00:13:42,440 --> 00:13:50,460 it is really interesting when you think about the difference between presenting to people online 181 00:13:50,460 --> 00:13:56,780 and via audio only and presenting to people physically in person. 182 00:13:57,280 --> 00:14:04,200 Because I think a lot of people, the majority of their communication is like messaging in the group chats, 183 00:14:04,200 --> 00:14:09,660 on Twitter, going on Bitcoin podcast or doing Bitcoin podcast or talking on the phone. 184 00:14:09,660 --> 00:14:15,980 and then they have to go and figure out how to look good for the first time in person 185 00:14:15,980 --> 00:14:22,520 and you can't just do exactly what you did online in person because it's kind of boring 186 00:14:22,520 --> 00:14:31,780 all right if you're if you if you're you can't have ai muscles like btc sessions 187 00:14:31,780 --> 00:14:39,340 you know what i mean like you can you can have ai muscles you can have ai abs um 188 00:14:39,660 --> 00:14:47,300 but you can't have ai ads you know in person it is it's if you're going to a pool party 189 00:14:47,300 --> 00:14:58,420 with some of the hottest podcasters and group chat members in the community you you can't have ai ads 190 00:14:58,420 --> 00:15:03,660 no you can't you can't fake it like it's uh 191 00:15:03,660 --> 00:15:11,380 you can't cash catfish people essentially yeah you and you know in person 192 00:15:11,380 --> 00:15:18,560 somebody starts asking you about running a node or if you smoke cigarettes or um you know 193 00:15:18,560 --> 00:15:25,160 how much you know how much you use bitcoin like if you use bitcoin you would know but you can't 194 00:15:25,160 --> 00:15:31,640 you can't use chat gpt to respond to them so they think that you know whether not her core 195 00:15:31,640 --> 00:15:33,860 is the best Bitcoin note to use. 196 00:15:34,340 --> 00:15:36,520 You can't just run to chat GBT and ask them. 197 00:15:36,660 --> 00:15:39,540 You have to face that person, have a conversation with them, 198 00:15:40,220 --> 00:15:43,300 and let them check your vibe a little bit 199 00:15:43,300 --> 00:15:45,200 and see if you actually know what you're talking about 200 00:15:45,200 --> 00:15:48,040 and they should be working with you or supporting you. 201 00:15:48,580 --> 00:15:49,080 So you can't do that. 202 00:15:49,180 --> 00:15:52,020 It's easy to do online, but it's harder to do in person, 203 00:15:52,680 --> 00:15:54,020 especially at Paper Bitcoin Summer. 204 00:15:54,640 --> 00:15:56,640 Everybody's in a bikini and shorts, right? 205 00:15:56,900 --> 00:15:57,940 There's nothing to hide. 206 00:15:58,180 --> 00:16:00,040 I'm excited for... 207 00:16:00,040 --> 00:16:00,700 Here's the thing. 208 00:16:00,700 --> 00:16:02,660 paper bitcoin summer where he's in a baby 209 00:16:02,660 --> 00:16:04,180 so there's no way for a fed 210 00:16:04,180 --> 00:16:06,560 wearing a wire to make it into paper 211 00:16:06,560 --> 00:16:08,560 bitcoin summer you know what i mean 212 00:16:08,560 --> 00:16:09,900 at your 213 00:16:09,900 --> 00:16:12,700 that's all you know where do you want to be 214 00:16:12,700 --> 00:16:14,260 not going to trust that guy 215 00:16:14,260 --> 00:16:16,660 who's swimming with the shirt on that's for sure 216 00:16:16,660 --> 00:16:20,160 you have a guy in the monero shirt 217 00:16:20,160 --> 00:16:21,980 doing fucking cannonballs 218 00:16:21,980 --> 00:16:24,220 uh off the diving board 219 00:16:24,220 --> 00:16:26,420 that guy's a fed 220 00:16:26,420 --> 00:16:30,640 i heard that carolyn levitt 221 00:16:30,640 --> 00:16:33,260 is going to be showing up to Lake Satoshi. 222 00:16:33,520 --> 00:16:34,960 I think she's hot. 223 00:16:35,860 --> 00:16:37,620 I heard she's going to be wearing a bikini. 224 00:16:38,640 --> 00:16:40,620 We should expect her to wear a bikini 225 00:16:40,620 --> 00:16:44,320 because she'd be likely to be wearing a fed, 226 00:16:44,720 --> 00:16:45,860 or sorry, wearing a wire. 227 00:16:46,840 --> 00:16:48,180 Yeah, if you work for the government 228 00:16:48,180 --> 00:16:50,000 and you want to come to Lake Satoshi, 229 00:16:50,480 --> 00:16:53,120 all we ask is show us your tits. 230 00:16:54,900 --> 00:16:56,100 Well, I don't know about that. 231 00:16:56,180 --> 00:16:57,860 I'd prefer if you kept a bra on, 232 00:16:57,860 --> 00:17:00,080 but definitely need to make sure 233 00:17:00,080 --> 00:17:08,860 that no wires on carolyn levitt what do you think of uh you see frank corva was asking her questions 234 00:17:08,860 --> 00:17:17,080 this week she's name dropping frank corva yeah i mean frank corva frank corva was uh he was 235 00:17:17,080 --> 00:17:21,900 he was doing what a good journalist does right like they wanted they wanted to talk about 236 00:17:21,900 --> 00:17:29,100 crypto or stable coin legislation uh at the press conference and frank corva said 237 00:17:29,100 --> 00:17:37,920 are you know i'm talk about that later are we going to get uh capital gains taxes removed from 238 00:17:37,920 --> 00:17:43,340 our our bitcoin spends our bitcoin transactions and she said that uh she was forced to say that 239 00:17:43,340 --> 00:17:49,600 the president's administration is on record for uh supporting that so how are you frank 240 00:17:49,600 --> 00:17:54,640 considering it just like they're considering not starting any more wars and they're considering 241 00:17:54,640 --> 00:17:58,840 releasing the Epstein files and they're considering abolishing the IRS and 242 00:17:58,840 --> 00:17:59,460 they're considering, 243 00:17:59,760 --> 00:18:00,060 uh, 244 00:18:01,100 --> 00:18:01,280 Hey, 245 00:18:01,320 --> 00:18:01,560 listen, 246 00:18:01,840 --> 00:18:03,500 they're considering a lot of things right now. 247 00:18:04,620 --> 00:18:05,680 That is, 248 00:18:06,080 --> 00:18:06,520 this is, 249 00:18:06,660 --> 00:18:07,800 this is why they never beat you. 250 00:18:08,800 --> 00:18:13,400 The government saying they're considering giving you freedom is the best 251 00:18:13,400 --> 00:18:14,620 you're ever going to get from them. 252 00:18:14,620 --> 00:18:15,200 All right. 253 00:18:15,340 --> 00:18:17,080 So as long as they're always, 254 00:18:17,080 --> 00:18:18,600 as long as you keep them considered. 255 00:18:18,760 --> 00:18:21,200 So probably Trump tried to just, 256 00:18:21,360 --> 00:18:21,720 you know, 257 00:18:21,800 --> 00:18:22,140 rug it, 258 00:18:22,160 --> 00:18:23,180 pull everybody on Epstein, 259 00:18:23,460 --> 00:18:24,560 throw it all under the rug. 260 00:18:24,640 --> 00:18:28,520 But podcasters said, wait a second. 261 00:18:29,100 --> 00:18:30,380 You don't want to do this, buddy. 262 00:18:30,480 --> 00:18:31,060 You need us. 263 00:18:31,140 --> 00:18:32,180 You need podcasters. 264 00:18:32,540 --> 00:18:38,260 And so now Donald Trump's administration is back to considering releasing the Epstein-Planes. 265 00:18:38,660 --> 00:18:54,120 That is as good as we ever going to get We only going to get a president who going to say he considering it Because as long as he considering it we good right Like the people who committed the crimes still have to feel nervous 266 00:18:54,920 --> 00:18:56,100 That's all you need. 267 00:18:56,260 --> 00:18:57,040 That's all we're going to get. 268 00:18:57,160 --> 00:18:59,080 We want them to feel nervous the rest of their lives. 269 00:18:59,160 --> 00:19:00,660 They can't just completely get away with it. 270 00:19:00,780 --> 00:19:05,720 Prince Andrew has to stay in the Buckingham Palace basement the rest of his life. 271 00:19:06,160 --> 00:19:09,380 If that's as good as we're going to get for prison for these Moloch worshippers, 272 00:19:09,380 --> 00:19:18,000 don't fuck it up well i think you're bearing the lead i think the the you know bitcoin magazine 273 00:19:18,000 --> 00:19:26,940 all these guys they decided to make a big deal out of the question and her answer and she gave 274 00:19:26,940 --> 00:19:33,460 a very like scripted like non-answer but the part of this which was interesting is she name dropped 275 00:19:33,460 --> 00:19:40,920 frank corva so the hottest press secretary in american history name dropped frank corva 276 00:19:40,920 --> 00:19:47,300 for the entire world to see he's sitting there right next to his seat looked uncomfortable they 277 00:19:47,300 --> 00:19:51,720 should give him one of the good seats next time sit in front and center instead of like kind of 278 00:19:51,720 --> 00:19:58,940 tucked away in the corner uh but if that's not apparent that bitcoin is one i don't know what 279 00:19:58,940 --> 00:20:04,320 it is when they when the credential journalists in the bitcoin industry are sitting uh knee to knee 280 00:20:04,320 --> 00:20:10,640 with uh carolyn levitt i was talking with a friend this week about this concept he was explaining to 281 00:20:10,640 --> 00:20:18,540 me how being around hot women is like a signal to other women of like your your worth worthiness 282 00:20:18,540 --> 00:20:24,360 because i think men and women look they kind of determine hotness differently 283 00:20:24,360 --> 00:20:30,740 like a lot of men they'll they'll look at women it's a lot more about like the physical 284 00:20:30,740 --> 00:20:35,600 attractiveness which is why people are so confused when i say lynn alden is hot because i'm not 285 00:20:35,600 --> 00:20:38,880 talking about that i'm just talking about her generally being hot i guess i'm thinking like 286 00:20:38,880 --> 00:20:47,320 a woman i'm judging a woman her hotness kind of like a woman does but like so um 287 00:20:47,320 --> 00:20:53,860 so yeah this guy was telling me essentially you know it's like a signal to other women the other 288 00:20:53,860 --> 00:20:57,580 women that are looking at him are like wow he's hanging out with the hot chick so he must be like 289 00:20:57,580 --> 00:21:04,100 way cooler or way hotter uh it's not as much about the physical attractiveness like you hear this 290 00:21:04,100 --> 00:21:09,640 all the time like women like guys with nice cars and whatever that's why you should wear a suit but 291 00:21:09,640 --> 00:21:13,360 um frank corva 292 00:21:13,360 --> 00:21:23,460 sitting in close proximity to the hottest press secretary in american history just became so hot 293 00:21:23,460 --> 00:21:33,540 to so many women in america yeah it's it's the is the it's a new era we're in the era of frank 294 00:21:33,540 --> 00:21:41,680 corva is hot it's not shinobi anymore shinobi got banned from the uh the white house because he 295 00:21:41,680 --> 00:21:49,460 refused to apologize to donald trump for calling him retarded so he does he doesn't get it um 296 00:21:49,460 --> 00:21:53,400 so it's frank it's frank it's frank corvistine 297 00:21:53,400 --> 00:22:03,340 it's a big deal folks hottest journalist uh in the in the game that's a prestigious uh position 298 00:22:03,340 --> 00:22:08,240 yeah some pretty cool stuff's happening in the in the world of uh bitcoin journalism so lola leitz 299 00:22:08,240 --> 00:22:14,720 is uh getting david bailey's money i guess he paid her in bitcoin and not paper bitcoin which 300 00:22:14,720 --> 00:22:16,540 is kind of interesting. I don't think she takes 301 00:22:16,540 --> 00:22:17,200 paper Bitcoin. 302 00:22:20,420 --> 00:22:22,520 She did some good journalism this week. 303 00:22:22,620 --> 00:22:24,880 You got Mark Goodwin going on James Corbett. 304 00:22:25,940 --> 00:22:26,680 That's always 305 00:22:26,680 --> 00:22:28,460 cool. You got Frank Corv 306 00:22:28,460 --> 00:22:30,580 getting name dropped. 307 00:22:32,600 --> 00:22:34,220 We need to come up with a nickname for Carolyn. 308 00:22:37,260 --> 00:22:38,780 Is she the hottest woman 309 00:22:38,780 --> 00:22:39,900 in journalism right now? 310 00:22:41,780 --> 00:22:42,640 She's the top 311 00:22:42,640 --> 00:22:44,360 Karen. You know, 312 00:22:44,720 --> 00:22:46,220 Caroline Levitt's top hot. 313 00:22:46,380 --> 00:22:46,860 She's the hottest. 314 00:22:47,000 --> 00:22:48,380 She's making Karens hot again. 315 00:22:49,660 --> 00:22:52,760 Karens kind of had to get in shape, right? 316 00:22:52,840 --> 00:22:55,100 Like Karens, it couldn't just take Ozempic. 317 00:22:56,480 --> 00:22:59,840 Karens had to come back and show they did their proof of work, 318 00:22:59,880 --> 00:23:02,120 and some of them did, and I think Caroline is a good example 319 00:23:02,120 --> 00:23:03,960 that Karens can be hot. 320 00:23:04,800 --> 00:23:07,000 We talked about it a few months ago, right, 321 00:23:07,020 --> 00:23:09,660 that we needed Karens to be great again. 322 00:23:09,660 --> 00:23:16,900 we were like we needed people like to cause scammers and frauds and to police the timeline 323 00:23:16,900 --> 00:23:22,520 and to police you know police our our households right some of us needed our karen whites to be 324 00:23:22,520 --> 00:23:30,480 great again and some of us uh we just needed that that influence that positive incentive aligned 325 00:23:30,480 --> 00:23:35,700 you know thermodynamically sound karen influence in our cult and caroline levitt's and a good 326 00:23:35,700 --> 00:23:43,960 example of that right she kind of sets the uh the woke smarmy you know media kind of in their place 327 00:23:43,960 --> 00:23:51,320 like she she she doesn't let them you know drag down the presidential you know official press 328 00:23:51,320 --> 00:23:56,280 conference with the land acknowledgement right like she today they threatened right they threatened 329 00:23:56,280 --> 00:24:02,900 a football team that they had to change uh their name back to the redskins right because uh everybody 330 00:24:02,900 --> 00:24:07,380 hates their Washington Commanders, but the DEI, or excuse me, the HR department, the Karen 331 00:24:07,380 --> 00:24:10,940 HR department of DC made them change it to the Commanders. 332 00:24:11,120 --> 00:24:15,460 But we have, right, now it's time to let boys be boys, right? 333 00:24:15,560 --> 00:24:19,520 Like, to let the Karens, the new Karens be in charge. 334 00:24:19,600 --> 00:24:20,000 It's awesome. 335 00:24:20,100 --> 00:24:21,780 Miss Hoddle, she's a great example, right? 336 00:24:21,860 --> 00:24:23,840 Like, somebody tried to steal an Amazon package. 337 00:24:23,940 --> 00:24:29,060 She was chasing them off with a fucking shotgun, wearing like a 40 hours per week t-shirt. 338 00:24:29,060 --> 00:24:32,680 I mean, you know, Karen's listen to the bugle. 339 00:24:33,560 --> 00:24:39,760 You know, Karen's who at least, you know, don't, they don't give you a demerit at work for wearing a Lin-Alton's hot shirt. 340 00:24:39,920 --> 00:24:40,780 That's all I'm saying. 341 00:24:42,260 --> 00:24:45,060 Trump loves the staff as administration with Karen's. 342 00:24:45,980 --> 00:24:47,000 Got Pam Bondi. 343 00:24:47,100 --> 00:24:48,640 She's a Karen for sure. 344 00:24:49,500 --> 00:24:50,720 His chief of staff, dude. 345 00:24:50,820 --> 00:24:51,660 I mean, have you seen her? 346 00:24:51,820 --> 00:24:56,760 She is a, she's built like Tatum. 347 00:24:56,760 --> 00:25:05,280 uh tatum was five foot four and uh but she's got blonde she's got that big karen hair that 348 00:25:05,280 --> 00:25:09,580 fucking blow up karen hair yeah she's a cowgirl she's got a southern accent she wears cowboy hats 349 00:25:09,580 --> 00:25:15,560 cowboy boots and that is the karen running the uh the the trump's like main staff so 350 00:25:15,560 --> 00:25:19,200 it's karen rich karen and karen influence 351 00:25:19,200 --> 00:25:22,320 absolutely 352 00:25:22,320 --> 00:25:25,960 yeah Karens are 353 00:25:25,960 --> 00:25:28,300 the only way 354 00:25:28,300 --> 00:25:30,520 to take down the woke left is by being 355 00:25:30,520 --> 00:25:31,020 Karens 356 00:25:31,020 --> 00:25:34,520 you gotta fight Karenism with Karenism 357 00:25:34,520 --> 00:25:36,800 Karen's play a very important role 358 00:25:36,800 --> 00:25:38,980 in our society 359 00:25:38,980 --> 00:25:42,880 and it's one of the best 360 00:25:42,880 --> 00:25:44,620 defenses being a Karen is one of the 361 00:25:44,620 --> 00:25:46,700 best defenses against 362 00:25:46,700 --> 00:25:47,200 communism 363 00:25:47,200 --> 00:25:55,160 speaking of karens though um the karens are hot at paper bitcoin summer you know i mean that's 364 00:25:55,160 --> 00:25:58,120 that's a neat that's another way to put it well 365 00:25:58,120 --> 00:26:06,020 plattertor isn't plattertor's back on twitter he came back you you chased him away he had to take a 366 00:26:06,020 --> 00:26:13,380 mental health break because of you and then he recovered and came back so karen plattertor the 367 00:26:13,380 --> 00:26:20,740 karen's back on twitter yeah uh you know pletiver is he's definitely like he's got that really 368 00:26:20,740 --> 00:26:29,040 feminine catty kind of energy um he's kind of like uh you know like the guys on the bravo network 369 00:26:29,040 --> 00:26:35,440 you know just that catty energy high drama uh but he's you know it's fun to call him a karen but you 370 00:26:35,440 --> 00:26:42,160 know he's pletters not a karen karen is is is karen karen's like carol and levitt not pletiver 371 00:26:42,160 --> 00:26:50,120 and i'm tired of pretending otherwise how do you know planet or could totally be a hot blonde 372 00:26:50,120 --> 00:26:54,200 i you know that's the other thing the best thing about hot blondes is you never have to wonder 373 00:26:54,200 --> 00:27:00,380 um if you've seen enough pictures of them they love to share pictures of themselves and they 374 00:27:00,380 --> 00:27:07,360 want to share pictures themselves looking hot um to the hotter they are so anytime you're talking to 375 00:27:07,360 --> 00:27:18,180 So anytime you're talking to somebody who claims to be a hot woman but likes anime, you're being catfished, man. 376 00:27:19,540 --> 00:27:20,820 Too good to be true. 377 00:27:21,080 --> 00:27:22,080 What do you think about anime? 378 00:27:22,380 --> 00:27:23,880 What are your personal opinions on it? 379 00:27:26,020 --> 00:27:30,680 I never really was a... 380 00:27:30,680 --> 00:27:32,900 The only cartoons I like is South Park. 381 00:27:35,360 --> 00:27:37,040 And that's pretty much it. 382 00:27:37,360 --> 00:27:41,120 I don't even like the Pickle Rick. 383 00:27:41,220 --> 00:27:41,700 What's the show? 384 00:27:41,800 --> 00:27:42,320 Rick and Morty. 385 00:27:42,440 --> 00:27:43,640 Never been a Rick and Morty guy. 386 00:27:44,000 --> 00:27:44,520 I don't know. 387 00:27:44,620 --> 00:27:48,160 I don't get the, I don't get as much signal out of cartoons. 388 00:27:50,380 --> 00:27:51,800 There's a lot of people that feel that way. 389 00:27:51,860 --> 00:27:52,720 Why do you think that is? 390 00:27:53,360 --> 00:27:54,520 I like cartoons personally. 391 00:27:54,780 --> 00:27:55,200 I don't know. 392 00:27:55,420 --> 00:27:56,620 I never thought about that. 393 00:27:56,900 --> 00:28:01,820 I think because I just can't. 394 00:28:02,200 --> 00:28:14,020 I like hot I don think cartoons are hot like I rather watch like day watch uh or some kind of cool movie It like in anime to try to make the girls hot 395 00:28:14,060 --> 00:28:16,140 but I just don't think anime girls were hot. 396 00:28:18,520 --> 00:28:22,860 Do you think it's because of their physical presentation or is there annoying 397 00:28:22,860 --> 00:28:25,820 voices or it's, 398 00:28:25,820 --> 00:28:27,880 it's a good boy. 399 00:28:27,960 --> 00:28:28,780 It could be, 400 00:28:28,780 --> 00:28:29,400 uh, 401 00:28:30,800 --> 00:28:31,620 it could be, 402 00:28:31,620 --> 00:28:40,480 it's probably a combination of all those things the voices um you know i i guess i never i could 403 00:28:40,480 --> 00:28:47,800 ever put myself in this in the shoes of a protagonist who was chasing after a hot chick 404 00:28:47,800 --> 00:28:51,980 if the hot chick was a cartoon so i couldn't relate to it because i didn't think the cartoon 405 00:28:51,980 --> 00:28:59,460 was hot so i wouldn't have made i wouldn't have let my girlfriend go to target with my lightning 406 00:28:59,460 --> 00:29:09,980 wallet if you know uh if she wasn't super hot and you know it's i would know better than that 407 00:29:09,980 --> 00:29:15,460 i just couldn't relate to the way they would make decisions i used to like anime a lot more 408 00:29:15,460 --> 00:29:20,980 i think i've struggled with it because it's just it's hard when you there's so much filler 409 00:29:20,980 --> 00:29:23,360 in most animes. 410 00:29:24,400 --> 00:29:24,920 So, 411 00:29:25,160 --> 00:29:28,160 when you're listening to 40 hours of podcasts, 412 00:29:28,260 --> 00:29:29,140 you don't have 413 00:29:29,140 --> 00:29:31,560 room for 40 episodes of filler. 414 00:29:33,320 --> 00:29:34,720 And, I don't know, it's interesting. 415 00:29:35,020 --> 00:29:35,520 But anyways, 416 00:29:37,880 --> 00:29:38,680 that's a good point. 417 00:29:39,620 --> 00:29:41,740 If one likes anime, it's too good to be true. 418 00:29:42,560 --> 00:29:43,900 Right, and I just think that 419 00:29:43,900 --> 00:29:44,680 hot chicks 420 00:29:44,680 --> 00:29:47,580 have never thought that much about anime. 421 00:29:48,240 --> 00:29:49,480 To either like it 422 00:29:49,480 --> 00:29:50,560 or not like it. 423 00:29:50,980 --> 00:29:58,460 So, I think a really important conversation to have at this point, so like we're in the early stages of the bull market. 424 00:30:00,760 --> 00:30:09,020 Paper Bitcoin summer is probably going to carry on into paper Bitcoin autumn and paper Bitcoin fall and paper Bitcoin spring and then paper Bitcoin. 425 00:30:09,920 --> 00:30:14,360 Are we moving into the eternal age of paper Bitcoin summer? 426 00:30:14,360 --> 00:30:24,400 i think maybe it's the uh beginning of a new era a new epoch um it's kind of like the fourth 427 00:30:24,400 --> 00:30:31,700 turning right like it's uh the major institutions have kind of i don't know they just haven't held 428 00:30:31,700 --> 00:30:41,360 up in some in some cases um so they if you can't get the if you can't get the price over 100 120 429 00:30:41,360 --> 00:30:47,820 20,000, time for the, you know, time for new ideas, new builders, new ways of using Bitcoin 430 00:30:47,820 --> 00:30:50,460 to solve big problems at scale. 431 00:30:50,680 --> 00:30:54,620 Because the people who've claimed, you know, they're fighting over lightning doesn't work 432 00:30:54,620 --> 00:30:57,140 and they're fighting over this time is going by. 433 00:30:57,680 --> 00:31:01,960 Somebody's got to build something that uses Bitcoin and makes it more valuable and grows 434 00:31:01,960 --> 00:31:10,020 its magnitude and grows its influence throughout all parts of culture and life and economy 435 00:31:10,020 --> 00:31:14,700 and the incentive structure of how all of our relationships work. 436 00:31:15,280 --> 00:31:18,080 If you ought to change that, and the only way it does that is if it keeps growing. 437 00:31:19,000 --> 00:31:24,400 And unfortunately, some of these lightning solutions and building more lightning wallets 438 00:31:24,400 --> 00:31:28,300 and not really doing anything about the user experience, 439 00:31:28,300 --> 00:31:32,980 we're just accepting that there's other user experiences that people might be interested in as well 440 00:31:32,980 --> 00:31:35,580 and building those things and seeing what works. 441 00:31:37,140 --> 00:31:39,680 Some people are waiting for a magic ozempic pill. 442 00:31:40,020 --> 00:31:51,180 like a soft fork or just a new solution to scaling Bitcoin for the use of 8 billion people. 443 00:31:51,260 --> 00:31:56,100 But right now the problem is 8 billion people don't demand to use Bitcoin. 444 00:31:56,100 --> 00:31:57,140 And it's not. 445 00:31:57,860 --> 00:31:59,900 So we're trying to build, I don't know. 446 00:32:00,960 --> 00:32:09,960 But I think it's just an acknowledgement of that and being open-minded to things that work. 447 00:32:10,020 --> 00:32:12,800 And I think we don't get to decide what works. 448 00:32:12,880 --> 00:32:19,780 We just have to observe the outcomes and determine where to go next. 449 00:32:20,080 --> 00:32:26,000 Have you seen that lightning liquidity has dramatically dropped since paper Bitcoin started coming around? 450 00:32:27,000 --> 00:32:27,240 Right. 451 00:32:27,320 --> 00:32:28,720 I mean, we see the mempool, right? 452 00:32:28,720 --> 00:32:33,620 Like they're talking about removing the one sat limit. 453 00:32:33,740 --> 00:32:39,640 So it's like you go less than one sat per V byte because it's like, you know, it's like interest rates, right? 454 00:32:39,640 --> 00:32:46,800 Like if interest rates are going to negative or interest rates are going negative, it's due to lack of demand. 455 00:32:47,120 --> 00:32:48,960 So you're having to lower cost. 456 00:32:50,360 --> 00:32:50,920 So. 457 00:32:52,040 --> 00:32:56,440 We should have never had the one sat limit in the first place. 458 00:32:56,540 --> 00:33:04,500 I mean, this is this is the problem when you let socialists use Bitcoin and engage in the conversation as they try to create minimum wages. 459 00:33:05,220 --> 00:33:05,780 Exactly. 460 00:33:05,780 --> 00:33:09,440 So we're judging one sat V-byte as like this. 461 00:33:09,920 --> 00:33:13,020 I mean, we think one sat V-byte is as low as it goes. 462 00:33:13,640 --> 00:33:18,780 And the market's trying to tell Bitcoin, like, that's an artificial number. 463 00:33:19,600 --> 00:33:20,520 That's not a real number. 464 00:33:20,680 --> 00:33:24,280 One sat for V-byte means nothing because it can go much lower. 465 00:33:24,540 --> 00:33:26,960 The demand for block space can go much lower. 466 00:33:26,960 --> 00:33:38,340 So we need to see how low that is because determining how to build on top of Bitcoin means knowing the availability and the value of block space. 467 00:33:38,560 --> 00:33:40,340 Because if you don't have that, what are you going to do? 468 00:33:40,380 --> 00:33:40,720 I don't know. 469 00:33:41,360 --> 00:33:44,500 So we need to pay miners less. 470 00:33:44,700 --> 00:33:49,360 We need to lower or remove that fake limit. 471 00:33:50,860 --> 00:33:54,800 I just think there needs to be a free market for these things. 472 00:33:54,800 --> 00:34:02,380 This is like, you know, what you'll hear just in your first 40 hours listening to Bitcoin podcasts is people talking about a free market. 473 00:34:02,640 --> 00:34:09,820 The problem with any sort of price controls whatsoever is it inevitably creates market distortions. 474 00:34:10,100 --> 00:34:22,280 And I think we're seeing this in block space right now where what's funny is if you continuously lower the price and there's no floor on it, people will use it probably significantly more. 475 00:34:22,280 --> 00:34:28,820 and yeah i don't know i mean we're gonna see weird things we're gonna see things like miners like 476 00:34:28,820 --> 00:34:34,360 you might even see fees go negative at some point where miners are paying people 477 00:34:34,360 --> 00:34:42,220 to send bitcoin transactions but i don't get all funky and weird um but it's like carving 478 00:34:42,220 --> 00:34:49,080 it's like you get like you some some people hash at a higher price exactly all right can you imagine 479 00:34:49,080 --> 00:34:56,460 we see government subsidize block space or yeah it's like it's like i'm gonna turn it's uh the 480 00:34:56,460 --> 00:35:03,500 difficulty see why so i turn off and i'll just pay or i'll just give you hash for free 481 00:35:03,500 --> 00:35:10,380 that's kind of crazy you just miners just barely here have my cash for free maybe that's what it 482 00:35:10,380 --> 00:35:16,040 is maybe it's like miners need are going to be exit liquidity in the form of hash and that's 483 00:35:16,040 --> 00:35:21,360 where bid axers are stabilizing the grid bid axers universally are just giving their hash for free 484 00:35:21,360 --> 00:35:29,180 right so it's uh they're stabilizing the grid it's like the uh it's like the retarded tax right 485 00:35:29,180 --> 00:35:35,960 like you uh yeah it's the retard tax that's that's that's gonna make bitcoin more efficient 486 00:35:35,960 --> 00:35:41,660 bitcoin that's why bitcoin is more efficient right they has a bitcoin has a retard tax 487 00:35:41,660 --> 00:35:51,480 If you don't know what you're doing and you're going to pay higher costs, if you don't consolidate your UTXOs, you're going to pay a higher cost to the miners. 488 00:35:51,920 --> 00:36:02,280 If you buy, you know, S9s and you're paying for electricity in San Francisco, well, that's free hash for the Bitcoin network. 489 00:36:02,440 --> 00:36:04,900 Thank you for your donation. 490 00:36:05,600 --> 00:36:06,740 Bitcoin has a retard tax. 491 00:36:06,740 --> 00:36:19,260 And if you don't know what you're doing and you can't explain it on a pod, if you couldn't go on a Bitcoin podcast and explain what you're doing and all this money you just spent your wife's 401k money on, you might get lucky. 492 00:36:20,040 --> 00:36:22,780 Just remember, Bitcoin has a retard tax. 493 00:36:25,100 --> 00:36:27,360 The retard tax is consequences. 494 00:36:29,360 --> 00:36:30,500 That's what it is. 495 00:36:30,500 --> 00:36:36,620 And you see in the fiat world, retardation is subsidized. 496 00:36:36,740 --> 00:36:38,300 every way possible. 497 00:36:38,460 --> 00:36:44,160 So like you look at, for example, cigarette taxes. 498 00:36:44,440 --> 00:36:46,320 You shouldn't pay taxes on cigarettes 499 00:36:46,320 --> 00:36:49,760 because it funds and subsidizes retardation. 500 00:36:50,540 --> 00:36:52,120 Those funds are taken. 501 00:36:52,260 --> 00:36:55,220 A lot of times they do things like they pump it into schools. 502 00:36:56,280 --> 00:36:59,000 So essentially with all that tax money is going 503 00:36:59,000 --> 00:37:02,620 is creating this bureaucratic administration state 504 00:37:02,620 --> 00:37:11,680 and was cigarette got us pronouns that's what it did the cigarette tax brought us pronouns in 505 00:37:11,680 --> 00:37:18,520 schools limbs of tick tock all those videos is the result of cigarette taxes your your child 506 00:37:18,520 --> 00:37:25,900 is transgendered because of cigarette taxes now that's why there were two genders before they 507 00:37:25,900 --> 00:37:29,980 implemented those taxes this is why consequences 508 00:37:30,000 --> 00:37:40,180 are important and why subsidizing retardation is stupid is uh um it's one of the beautiful 509 00:37:40,180 --> 00:37:43,180 things about bitcoin if you don't know what you're if you're not listening to 40 hours of 510 00:37:43,180 --> 00:37:49,180 bitcoin podcasts a week you're gonna just get absolutely wrecked and that's the way that things 511 00:37:49,180 --> 00:37:57,620 should be kind of universally when you become a grown-up if you're not take doing what it takes 512 00:37:57,620 --> 00:38:02,740 to be grown like people shouldn't be doing everything for you as a as an adult as grown up 513 00:38:02,740 --> 00:38:09,980 like this is why so many people don't like the podcast in my opinion is because they don't want 514 00:38:09,980 --> 00:38:13,700 to go through the actual work of doing it really well they don't want to go through the research 515 00:38:13,700 --> 00:38:18,860 they don't want to go through you know dealing with all the doodads they don't want to um 516 00:38:18,860 --> 00:38:24,180 they want they want to have an opinion they want to they want to sit on the fence and have an 517 00:38:24,180 --> 00:38:29,400 opinion they want somebody else to do the podcast for them invite them on to listen them talk 518 00:38:29,400 --> 00:38:34,420 but they don't actually want to be the ones doing all the heavy lifting because 519 00:38:34,420 --> 00:38:41,400 they don't want to put in enough work to not suck and like this is where a lot of people are at 520 00:38:41,400 --> 00:38:45,380 kind of universally this is where the grumpy camp i think is at right now 521 00:38:45,380 --> 00:38:53,280 is they just don't want to put in the work to not suck and that did that we talk about 522 00:38:53,280 --> 00:39:00,820 you know being able to afford taxes and what does that mean right it just means that paper bitcoin 523 00:39:00,820 --> 00:39:10,720 is a lot like the rest of society right it's like you are paying taxes because you think that the 524 00:39:10,720 --> 00:39:15,600 government knows it will take care of you like you think of like i buy these paper bitcoin stocks 525 00:39:15,600 --> 00:39:25,840 these uts i i'm buying the the the feel good risk minimized compliant uh way that the government 526 00:39:25,840 --> 00:39:30,620 will take care of me and i want the government to take care of my bitcoin for me that's what 527 00:39:30,620 --> 00:39:36,480 you're saying you know and for some people that's fine and it's some circumstances that's fine in 528 00:39:36,480 --> 00:39:43,500 some cases maybe that's even beneficial depends on your unique perspective but uh you know that 529 00:39:43,500 --> 00:39:51,060 is what they're saying and with that is the tax and but the court but bitcoin the reason we use 530 00:39:51,060 --> 00:39:57,120 bitcoin on chain is we know that that retard tax benefits uh it benefits the rest of the network 531 00:39:57,120 --> 00:40:00,440 the people who listen to 40 hours per week the people use bitcoin the people who are putting 532 00:40:00,440 --> 00:40:07,240 the most work and building on bitcoin we did lower uh uh you know block our block fees are low and we 533 00:40:07,240 --> 00:40:15,180 consolidator utx us we are staying our ability to continue using layer one as bitcoin grows and 534 00:40:15,180 --> 00:40:23,460 you it becomes a more uh high value chain uh the people who put in the most listen to the most 535 00:40:23,460 --> 00:40:32,080 podcasts benefit from the retard tax and um in the in the fiat world it's the it's the other way 536 00:40:32,080 --> 00:40:38,320 around the people who work the hardest do the best they are they have to pay the highest retard tax 537 00:40:38,320 --> 00:40:46,780 but in on bitcoin your proof of work lowers your retard tax rate and that's and that's just the way 538 00:40:46,780 --> 00:40:52,620 you should think about it when you think about how much of my 401k should i allocate into tamper 539 00:40:52,620 --> 00:41:00,900 bitcoin versus how much should i allocate into cold story like i control my keys it's just where 540 00:41:00,900 --> 00:41:01,920 are you on your confidence 541 00:41:01,920 --> 00:41:04,780 about avoiding the 542 00:41:04,780 --> 00:41:07,060 retard tax? Pure and simple. 543 00:41:07,380 --> 00:41:08,380 The answer to that question 544 00:41:08,380 --> 00:41:10,600 will answer how much paper Bitcoin you have 545 00:41:10,600 --> 00:41:12,740 versus how much real Bitcoin 546 00:41:12,740 --> 00:41:13,200 you have. 547 00:41:14,640 --> 00:41:16,620 Absolutely. Yeah, it's just a matter of how 548 00:41:16,620 --> 00:41:18,980 you want to see the world. If you want 549 00:41:18,980 --> 00:41:22,620 your kindergarten, your children's kindergarten 550 00:41:22,620 --> 00:41:24,780 teacher to tell your kid that they're trans 551 00:41:24,780 --> 00:41:26,840 or non-binary, then you should buy paper Bitcoin. 552 00:41:29,320 --> 00:41:29,880 Yeah, like the 553 00:41:29,880 --> 00:41:34,480 stable coins are for HR departments. 554 00:41:35,520 --> 00:41:37,680 Paper Bitcoin is for, 555 00:41:37,680 --> 00:41:39,140 you know, 556 00:41:39,160 --> 00:41:40,960 HR private, 557 00:41:41,080 --> 00:41:41,440 you know, 558 00:41:41,640 --> 00:41:42,200 investments. 559 00:41:42,680 --> 00:41:42,960 Absolutely. 560 00:41:45,780 --> 00:41:47,740 Paper Bitcoin is perfect for your wife. 561 00:41:47,840 --> 00:41:48,320 There you go. 562 00:41:48,840 --> 00:41:49,260 Your wife, 563 00:41:49,320 --> 00:41:50,080 hold up paper Bitcoin. 564 00:41:50,080 --> 00:41:55,360 If that's the only way you can get her to convert a Roth IRA into Bitcoin 565 00:41:55,360 --> 00:41:56,220 is paper Bitcoin. 566 00:41:57,120 --> 00:41:59,240 Paper Bitcoin is great for your wife's 401k. 567 00:41:59,240 --> 00:42:01,040 So the Genius Act got packed. 568 00:42:02,800 --> 00:42:04,000 Are you excited? 569 00:42:05,620 --> 00:42:09,300 I feel like we were telegraphing this for a very long time. 570 00:42:10,000 --> 00:42:17,640 Well, we actually read Mark Goodwin's extremely long articles, 571 00:42:18,040 --> 00:42:21,380 and we've given feedback on that. 572 00:42:21,860 --> 00:42:25,800 So part of the benefit of reading Mark's articles is knowing 573 00:42:26,420 --> 00:42:28,740 the Genius Act was going to pass this week. 574 00:42:29,240 --> 00:42:34,340 I actually have my wife read me his articles. 575 00:42:34,680 --> 00:42:38,040 In effect, my wife has turned into a podcaster, my personal podcaster. 576 00:42:39,560 --> 00:42:44,220 It's like you make your wife, instead of listening to Mark's book or your favorite Bitcoin book, 577 00:42:44,680 --> 00:42:49,340 from Guy Swan's voice, I have it read to you in your wife's voice. 578 00:42:51,480 --> 00:42:57,200 A lot of people get this wrong in relationships. 579 00:42:57,200 --> 00:43:01,580 So they, there's so many Bitcoin adjacent people. 580 00:43:01,900 --> 00:43:04,840 They get so horny listening to Michael Saylor talk. 581 00:43:06,040 --> 00:43:08,240 They see the open mouth thumbnail. 582 00:43:08,500 --> 00:43:09,300 They click on the video. 583 00:43:09,400 --> 00:43:10,160 They're like, fuck. 584 00:43:10,720 --> 00:43:11,680 Saylor's talking. 585 00:43:11,960 --> 00:43:13,140 I'm so horny now. 586 00:43:15,800 --> 00:43:26,020 You know, you shouldn't give a, like, if you're a heterosexual monogamous male, 587 00:43:26,020 --> 00:43:33,140 dennis porter is an exception to this but michael saylor shouldn't be making you horny like the gay 588 00:43:33,140 --> 00:43:40,020 fed shouldn't be making you horny your wife should be making you horny when your wife 589 00:43:40,020 --> 00:43:48,440 when your wife kind of walks by the bedroom door in her lingerie uh and and you pretend like you 590 00:43:48,440 --> 00:43:55,220 don't notice because you're listening to bitcoin university with matt cratter like that you 591 00:43:55,220 --> 00:44:01,280 shouldn't be watching matt cratter in the dark you know when your wife is in lingerie in the bedroom 592 00:44:01,280 --> 00:44:05,040 you shouldn't be that shouldn't be your life right like you shouldn't be listening to sailor 593 00:44:05,040 --> 00:44:08,760 you shouldn't be listening to anybody honestly right but like that's just a few examples 594 00:44:08,760 --> 00:44:15,400 um you should you should be you should have your wife read the content uh to you 595 00:44:15,400 --> 00:44:21,600 absolutely yeah i mean like there's there's nothing sexier than uh 596 00:44:21,600 --> 00:44:28,820 i think we banged like after every single mark goodwin article she's read me on the other side 597 00:44:28,820 --> 00:44:34,940 of it man don't be when your wife has her book club meetups and they're uh they're watching btc 598 00:44:34,940 --> 00:44:38,680 sessions tutorials and your wife's showing her friends in the neighborhood in the hoa 599 00:44:38,680 --> 00:44:44,380 how to run their own node and they're watching btc sessions tutorials you you should be as the 600 00:44:44,380 --> 00:44:49,160 husband of the house giving that presentation to your wife's book club friends you should be showing 601 00:44:49,160 --> 00:44:53,760 them how to how you run your node for your wife so that they can and their husbands should be there 602 00:44:53,760 --> 00:44:58,160 with them they should be learning how to run a node to you they shouldn't be watching btc sessions 603 00:44:58,160 --> 00:45:05,180 tutorials you know why husbands are out working or golfing absolutely so what do you think is the 604 00:45:05,180 --> 00:45:11,440 appropriate bitcoin only approach with uh the stable coin stuff should uh as bitcoin only people 605 00:45:11,440 --> 00:45:18,100 should they be focusing on making sure that tether comes to bitcoin or should they be saying that 606 00:45:18,100 --> 00:45:25,840 tether should only be used on tron and ethereum and base i think the first thing to know is that 607 00:45:25,840 --> 00:45:33,400 you don't there's gonna be a lot of people demanding that you agree that the stable coins 608 00:45:33,400 --> 00:45:39,420 are the cbdc um they're going to they're just they're going to know your opinion on stable coins 609 00:45:39,420 --> 00:45:47,920 um and some people will you know make you admit hey this is actually better for it's 610 00:45:47,920 --> 00:45:52,060 faster for it's better for bitcoin like this is going to lead to more bitcoin adoption actually 611 00:45:52,060 --> 00:45:58,720 um you don't have to agree or like argue with any of that i mean um 612 00:45:58,720 --> 00:46:05,080 well what we do know about cvdc's or at least what you should know right it's like if you ever read 613 00:46:05,080 --> 00:46:08,220 one of those books where they talk about the antichrist like the antichrist doesn't come out 614 00:46:08,220 --> 00:46:15,200 and say hello my name is senator antichrist and i'm here to give you a central bank digital currency 615 00:46:15,200 --> 00:46:17,340 and a lot of people thought that about Elizabeth Warren 616 00:46:17,340 --> 00:46:19,660 but I think that was kind of probably 617 00:46:19,660 --> 00:46:21,600 you know more 618 00:46:21,600 --> 00:46:22,440 of the kayfabe but 619 00:46:22,440 --> 00:46:25,340 it's not going to come out and say it's a CBDC 620 00:46:25,340 --> 00:46:27,320 so you don't have to 621 00:46:27,320 --> 00:46:29,380 rush into saying you can wait and see 622 00:46:29,380 --> 00:46:31,360 you can just wait and see you can chill 623 00:46:31,360 --> 00:46:33,480 and you can avoid using it because like 624 00:46:33,480 --> 00:46:35,680 nobody's going to come to you 625 00:46:35,680 --> 00:46:37,540 and knock on your door and say please 626 00:46:37,540 --> 00:46:39,500 you have to take this money 627 00:46:39,500 --> 00:46:40,200 we're giving you 628 00:46:40,200 --> 00:46:42,780 you have to work for 629 00:46:42,780 --> 00:46:45,020 you're going to have to comply harder 630 00:46:45,020 --> 00:46:46,480 to get access to it anyway. 631 00:46:48,480 --> 00:46:57,840 So just wait and see And don listen I not listening Are they good for the economy Are they good for Bitcoin We see 632 00:46:58,220 --> 00:47:00,680 I'm not listening to stablecoin podcasts, though. 633 00:47:00,740 --> 00:47:06,880 I'm listening to Bitcoin podcasts, and I'm not wasting my energy on stablecoins right now. 634 00:47:07,000 --> 00:47:08,220 Are there stablecoin podcasts? 635 00:47:08,540 --> 00:47:09,000 I don't know. 636 00:47:09,000 --> 00:47:20,140 So according to the Human Rights Foundation, Alex Gladstein, he was interacting on Twitter and he said that there were. 637 00:47:20,140 --> 00:47:23,100 He said that there were stablecoin podcasts. 638 00:47:23,320 --> 00:47:26,500 He was asking Grok about stablecoin podcasts. 639 00:47:26,600 --> 00:47:28,720 I don't know why, but he found out that there were some. 640 00:47:28,720 --> 00:47:35,220 If there was a guy that I would kind of peg to listen to stablecoin podcasts, it would definitely be Gladstein. 641 00:47:35,600 --> 00:47:38,260 It would also be Samsung Mao. 642 00:47:39,000 --> 00:47:43,460 I can see Adam back listening to the Stablecoin podcast. 643 00:47:45,180 --> 00:47:46,520 Jesse Schrader. 644 00:47:48,820 --> 00:47:49,800 For sure. 645 00:47:50,020 --> 00:47:51,300 I mean, you know what? 646 00:47:51,380 --> 00:47:58,280 I think that I can also see like Rod Hamilton listening to Stablecoin podcast. 647 00:47:59,180 --> 00:48:03,900 And listen, I don't think that it is even the worst. 648 00:48:03,900 --> 00:48:06,100 If you have a job where you have to be 649 00:48:06,100 --> 00:48:08,000 Cognizant of the impact stablecoins 650 00:48:08,000 --> 00:48:09,880 Are going to have on your job, on your industry 651 00:48:09,880 --> 00:48:11,560 You should probably listen to some stablecoins 652 00:48:11,560 --> 00:48:14,020 My advice to you though, especially Alex Gladstein 653 00:48:14,020 --> 00:48:16,160 Honestly, is don't go on 654 00:48:16,160 --> 00:48:17,280 Twitter and start 655 00:48:17,280 --> 00:48:19,740 Bragging about 656 00:48:19,740 --> 00:48:22,080 Like cool stuff you heard on stablecoin 657 00:48:22,080 --> 00:48:23,920 Podcasts. I would just do it and 658 00:48:23,920 --> 00:48:24,980 You know 659 00:48:24,980 --> 00:48:28,140 People listen to my 40 hours per week, right? 660 00:48:28,420 --> 00:48:29,680 Keep podcast talk 661 00:48:29,680 --> 00:48:31,880 You know, Bitcoin podcast stuff about 662 00:48:31,880 --> 00:48:33,400 Bitcoin podcast stuff 663 00:48:33,900 --> 00:48:42,460 You think that as kind of like an ecosystem, we should have a don't ask, don't tell policy around listening to stablecoin podcasts? 664 00:48:42,460 --> 00:48:57,080 I think coming on a Bitcoin podcast as a guest or being speakers at Bitcoin conferences, I think stablecoin enjoyers, you know, whatever, should be allowed there. 665 00:48:57,220 --> 00:48:59,380 I think it's just exactly just don't ask, don't tell. 666 00:48:59,780 --> 00:49:02,000 Don't tell you about stablecoins at the Bitcoin conference. 667 00:49:02,720 --> 00:49:05,740 Don't wear tethered shirts to your Bitcoin podcasts. 668 00:49:06,540 --> 00:49:09,300 And do whatever you want to do in your private life. 669 00:49:09,300 --> 00:49:19,120 Like if you want to listen to stable coins and at home, uh, if you want your wife to read stable coin podcast, uh, stuff to you in the bedroom, fine. 670 00:49:19,420 --> 00:49:20,580 That's your private life. 671 00:49:20,680 --> 00:49:24,420 But, uh, you don't need to do a parade over it. 672 00:49:24,980 --> 00:49:25,420 Right. 673 00:49:25,680 --> 00:49:25,900 Right. 674 00:49:25,900 --> 00:49:34,080 You don't have to have tether as the main, you know, float at your, uh, pizza day parade, you know, I'm big with pizza day. 675 00:49:34,080 --> 00:49:35,280 It's sponsored by tether. 676 00:49:35,360 --> 00:49:35,580 Okay. 677 00:49:35,820 --> 00:49:36,160 Come on. 678 00:49:36,160 --> 00:49:58,180 Like, just have a little respect for, you have a little respect for Maximus who just, you know, we maybe should agree to not throw some of the grumpiness and the demands for purity in their faces if they'll agree not to throw stable coin brids at our Bitcoin parties. 679 00:49:58,480 --> 00:50:01,400 So in order to use Polymarket, you need to use stable coins. 680 00:50:01,400 --> 00:50:09,000 or that he's like if you're gonna gamble do it with stable coins should you keep your 681 00:50:09,000 --> 00:50:14,100 should you keep your polymarket gambles in the closet as well or can you be public about those 682 00:50:14,100 --> 00:50:23,620 if you listen if you if you that if you made a lot of money predicting something on polymarket fine 683 00:50:23,620 --> 00:50:25,580 but 684 00:50:25,580 --> 00:50:28,560 I don't know 685 00:50:28,560 --> 00:50:30,360 don't just 686 00:50:30,360 --> 00:50:32,040 don't make it your personality 687 00:50:32,040 --> 00:50:33,700 that you gamble on Polymarket 688 00:50:33,700 --> 00:50:36,320 so I think we should 689 00:50:36,320 --> 00:50:39,100 I haven't figured out 690 00:50:39,100 --> 00:50:40,080 how to use Polymarket 691 00:50:40,080 --> 00:50:41,400 because I don't think I've 692 00:50:41,400 --> 00:50:43,800 maybe I've touched stable coins once 693 00:50:43,800 --> 00:50:46,040 well you can't use it in the United States without 694 00:50:46,040 --> 00:50:47,760 you have to use a VPN 695 00:50:47,760 --> 00:50:50,300 it's pretty hard to use as a US citizen 696 00:50:50,300 --> 00:50:52,620 I know 697 00:50:52,620 --> 00:50:53,500 but I know 698 00:50:53,500 --> 00:50:59,100 a ton that do um yeah no yeah you can it's just it's not something like you could just go do it 699 00:50:59,100 --> 00:51:05,700 you wouldn't have to everybody knows that like all those guys in the sovereign bitcoiners group 700 00:51:05,700 --> 00:51:10,700 they're gambling on polymarket but like um 701 00:51:10,700 --> 00:51:16,700 so i'd like to see like the betting odds on 702 00:51:16,700 --> 00:51:22,840 what Michael Saylor uses to buy pizza with next year. 703 00:51:23,060 --> 00:51:24,760 Is it USDC? 704 00:51:24,960 --> 00:51:25,980 Is it USDT? 705 00:51:26,260 --> 00:51:31,620 Or is it the new, like, Banky Cartel version? 706 00:51:32,280 --> 00:51:39,280 Or is it just U.S. dollars in a Boomer Bank account? 707 00:51:39,540 --> 00:51:39,920 I don't know, man. 708 00:51:39,920 --> 00:51:57,400 I think that the problem in a lot of people's lives is that they're trying too hard to make money on what the Treasury Department's going to do or what the Fed's going to do, what the president's going to say or what some celebrity is going to say on Pauly Market. 709 00:51:57,400 --> 00:52:05,080 and instead of trying to predict the future of of their kids and like their community and trying to 710 00:52:05,080 --> 00:52:12,040 like hey i ain't you know i bet that that property on that farm in my neighborhood is going to go up 711 00:52:12,040 --> 00:52:18,540 in value people need to be do have to run poly markets on on e-cash like mints for their local 712 00:52:18,540 --> 00:52:24,920 communities bet on the kids in their high school they're going to succeed in life like start thinking 713 00:52:24,920 --> 00:52:30,360 about that way instead of gambling on politics that's what the that's what the boomers are doing 714 00:52:30,360 --> 00:52:36,580 when they gamble their social security checks i agree there's a lot of better ways to i would 715 00:52:36,580 --> 00:52:42,240 consider watching anime a better use of your time than gambling on polymarket but i i've i've enjoyed 716 00:52:42,240 --> 00:52:49,140 as a voyeur looking at the betting odds uh i also enjoy hearing about people's story like you can 717 00:52:49,140 --> 00:52:54,560 live you can miss out on a lot of stupid shit in life by living vicariously through other people 718 00:52:54,560 --> 00:53:03,000 that are doing this stupid shit for themselves it's a yeah exactly exactly a voyeuristic uh 719 00:53:03,000 --> 00:53:10,260 watching the degenerate uh stable coin parade play out even though it uh you don't want to 720 00:53:10,260 --> 00:53:17,680 take part in it yeah you don't need to take part in it you can hear about how how lame it was from 721 00:53:17,680 --> 00:53:24,460 them but i think we're gonna see we're gonna see a lot of purity tests around stable coins 722 00:53:24,460 --> 00:53:32,820 We're going to see some pretty significant cultural battles because I think there's going to be purity tests around which stablecoin you use. 723 00:53:34,620 --> 00:53:40,920 There will be purity tests around which chain you use it on and how you do it. 724 00:53:42,180 --> 00:53:48,560 And I think we're going to see this wild shift in argument. 725 00:53:50,560 --> 00:53:54,080 It is a renaissance of purity. 726 00:53:54,080 --> 00:53:57,680 It seemed like purity tests had run dry, right? 727 00:53:57,760 --> 00:53:58,340 Like, there's no more. 728 00:53:58,420 --> 00:54:00,240 Everybody was failing the purity tests. 729 00:54:01,180 --> 00:54:04,240 And it was, I mean, Plenover, he deactivated, right? 730 00:54:04,280 --> 00:54:04,800 He rage quit. 731 00:54:04,900 --> 00:54:10,540 It's like, hey, he threw every purity test he could at influencers. 732 00:54:11,080 --> 00:54:13,060 And it didn't matter. 733 00:54:13,200 --> 00:54:15,500 But now there's new ones and stable coins. 734 00:54:16,220 --> 00:54:23,860 And their impact on charity tests is definitely going to, it's a great time to, 735 00:54:24,080 --> 00:54:25,780 Be a test proctor, that's for sure. 736 00:54:25,900 --> 00:54:27,720 It's going to be a fascinating thing to watch. 737 00:54:29,160 --> 00:54:32,140 I think a lot of the Bitcoin ecosystem is going to side with Tether. 738 00:54:34,000 --> 00:54:35,660 They're going to say Palo is a good Bitcoiner. 739 00:54:35,840 --> 00:54:36,620 That's my prediction. 740 00:54:37,440 --> 00:54:38,320 The shitcoiners are going to... 741 00:54:38,320 --> 00:54:38,780 I'll probably admit. 742 00:54:39,200 --> 00:54:39,500 You don't. 743 00:54:39,620 --> 00:54:42,240 You know, they do a lot for Bitcoin, right? 744 00:54:42,560 --> 00:54:43,500 They're giving back. 745 00:54:43,500 --> 00:54:45,880 It's like the Palo Foundation, right? 746 00:54:46,020 --> 00:54:47,580 Like, it's a... 747 00:54:47,580 --> 00:54:48,920 They invest in Bitcoin miners. 748 00:54:49,140 --> 00:54:50,480 They invest all throughout the community. 749 00:54:50,480 --> 00:54:55,520 um so i think at least a you know circle talks about shit coins on twitter all the time 750 00:54:55,520 --> 00:55:01,900 tether paula goes on and says bitcoin not crypto we're just the payment rails yeah 751 00:55:01,900 --> 00:55:07,760 they get jim nakamoto to make documentaries about things but giving back to the community 752 00:55:07,760 --> 00:55:15,280 they work with samson they're friends with samson dr adam back i mean they are you know 753 00:55:15,280 --> 00:55:20,280 they're connected to society and everybody yeah everybody has good things to say about them i'm 754 00:55:20,280 --> 00:55:28,180 excited ron i don't know how you couldn't be it's favorite bitcoin summer man the music's hottest 755 00:55:28,180 --> 00:55:34,600 the music's hot the videos are hot the babes are hot i feel like we're this is like 1959 we're just 756 00:55:34,600 --> 00:55:41,060 rolling into the 60s things are just picking up all the groundwork has been laid this is the 757 00:55:41,060 --> 00:55:48,720 golden era of bitcoin podcasting folks we're we're just beginning it i tweet i tweeted some 758 00:55:48,720 --> 00:55:54,680 things about peter mccormick uh today i said you know he's kind of a fat loser and he like i don't 759 00:55:54,680 --> 00:56:02,740 what's up with his glasses have you seen his glasses yeah it's uh he's he's trying to look 760 00:56:02,740 --> 00:56:21,640 more like an elder cypher punk i don know what he looks like but he if he could get some decent glasses he would look a lot a lot better But anyways I said some disparaging things about him 761 00:56:22,140 --> 00:56:25,180 You know, one of the biggest ones being that he's British 762 00:56:25,180 --> 00:56:30,820 and I still think he should be like the first inductee 763 00:56:30,820 --> 00:56:32,840 into the Bitcoin Podcast Hall of Fame. 764 00:56:33,260 --> 00:56:36,440 That's my opinion. 765 00:56:36,440 --> 00:56:39,320 But I think he's just, he's laid the groundwork. 766 00:56:40,000 --> 00:56:47,120 for it like the michael jordan of bitcoin podcasting hasn't come yet he he was like the uh 767 00:56:47,120 --> 00:56:53,340 pistol pete marovitch or like you know one of these guys that came before jordan that really like 768 00:56:53,340 --> 00:57:02,020 brought the nba into relevancy yeah he's the people listen to what bitcoin did for years right 769 00:57:02,020 --> 00:57:08,840 and he had so many brilliant people on there to explain the lightning network how bitcoin's 770 00:57:08,840 --> 00:57:14,380 working in politics how it works on chain how to use hardware wallets how to use it to launch your 771 00:57:14,380 --> 00:57:23,700 macro podcast your career but how to sell books how to mine with iron um it's how we learn about 772 00:57:23,700 --> 00:57:27,620 block fight it's how we learn about swan it's how we learn about river it's how we learn about 773 00:57:27,620 --> 00:57:33,560 all these other podcasts it's it's it was really a our introduction into this world 774 00:57:33,560 --> 00:57:40,280 uh every but we've listened to it and we're like every it's been years and it's like how does 775 00:57:40,280 --> 00:57:45,300 how does peter not understand this by now like how many times do you have to be explained 776 00:57:45,300 --> 00:57:49,480 how to use a multi-suit what and you still don't understand it like how are you still making these 777 00:57:49,480 --> 00:57:55,480 mistakes are you still gambling uh and and so forth and we thought he didn't learn anything 778 00:57:55,480 --> 00:58:00,420 we thought peter never learned anything but now he's retired his podcast to like become the 779 00:58:00,420 --> 00:58:06,760 be pod like the elder podcaster of his local community he's like bringing in private defense 780 00:58:06,760 --> 00:58:13,600 forces when the government won't is it is not paying the police to protect it's he's building 781 00:58:13,600 --> 00:58:21,580 up the soccer program it's uh he's fixing this he's using bitcoin to fix this uh for for people 782 00:58:21,580 --> 00:58:26,280 who you know british people are not that they're not that bright it's obvious that they're not going 783 00:58:26,280 --> 00:58:32,160 to do it themselves they need they need bitcoin uh and he's doing it yeah i think it's important 784 00:58:32,160 --> 00:58:38,600 it's it's important to make fun of peter mccormick and to call him out for being a weak british man 785 00:58:38,600 --> 00:58:44,520 but at the same time i think it's important to really give him credit where credit is due 786 00:58:44,520 --> 00:58:52,480 he educated the generation of bitcoin podcasters that will determine the future the guys that are 787 00:58:52,480 --> 00:59:00,360 getting hired onto these paper bitcoin companies that the guys that are engaged in politics the 788 00:59:00,360 --> 00:59:05,640 the premier podcasters of these of today have been educated by peter mccormick 789 00:59:05,640 --> 00:59:11,400 he was he was many of these people's first podcasts that they ever listened to 790 00:59:11,400 --> 00:59:18,900 and learned anything from and his legacy is has really been shaping the larger community 791 00:59:18,900 --> 00:59:20,680 for better and for worse. 792 00:59:21,900 --> 00:59:26,460 I think for the future that we're going into, 793 00:59:26,720 --> 00:59:32,560 there's no place for people that go and interview 794 00:59:32,560 --> 00:59:36,580 presidents of countries in Metallica shirts and slouch. 795 00:59:36,720 --> 00:59:38,740 That's like one of the really negative things 796 00:59:38,740 --> 00:59:40,120 that Peter McCormick did. 797 00:59:40,440 --> 00:59:42,180 There's no room for that in this future. 798 00:59:43,320 --> 00:59:44,320 That's plaid behavior. 799 00:59:44,320 --> 00:59:50,760 yeah it is it's important to know that the 800 00:59:50,760 --> 01:00:01,580 the engine of liquidity and growth uh in the u.s bidding for bitcoin and the these bitcoin treasury 801 01:00:01,580 --> 01:00:10,780 companies that that entire you know system is going to be built on the framework um 802 01:00:10,780 --> 01:00:16,040 of how Peter McCormick, you know, his influence. 803 01:00:16,340 --> 01:00:17,760 It's Peter McCormick holding this all together. 804 01:00:19,020 --> 01:00:21,640 The podcasters are holding it all together. 805 01:00:23,040 --> 01:00:24,900 One of the things that I think is really important 806 01:00:24,900 --> 01:00:28,980 is to make sure that for the future of podcasting 807 01:00:28,980 --> 01:00:32,480 that everybody else in the world realizes 808 01:00:32,480 --> 01:00:34,380 that the Americans are the smartest people 809 01:00:34,380 --> 01:00:35,940 and that the British people are actually dumb. 810 01:00:37,080 --> 01:00:38,440 There's been a psyop. 811 01:00:38,440 --> 01:00:41,460 I think I've talked about this a while back on this podcast, 812 01:00:41,460 --> 01:00:47,940 but there's been this sign-off of people thinking that British people are smart 813 01:00:47,940 --> 01:00:50,440 because they narrate all these movies. 814 01:00:50,640 --> 01:00:55,040 Every time you watch medieval anything, they always speak in British for some reason. 815 01:00:55,580 --> 01:01:00,500 Did you watch that movie, The Last Duel? 816 01:01:01,680 --> 01:01:01,980 No. 817 01:01:03,140 --> 01:01:03,780 It's pretty good. 818 01:01:03,780 --> 01:01:08,500 the guy that played Kylo Ren in Star Wars 819 01:01:08,500 --> 01:01:10,380 I forgot what his name is he's in a bunch of shit 820 01:01:10,380 --> 01:01:12,860 but he was in it he was one of the main characters 821 01:01:12,860 --> 01:01:14,660 but the movie takes place 822 01:01:14,660 --> 01:01:15,480 in France 823 01:01:15,480 --> 01:01:18,060 and they all speak in British accents 824 01:01:18,060 --> 01:01:20,020 I just watched 825 01:01:20,020 --> 01:01:24,320 because I was listening to 826 01:01:24,320 --> 01:01:26,740 Sly Goomba's podcast and they were talking about 827 01:01:26,740 --> 01:01:27,920 Shogun on it 828 01:01:27,920 --> 01:01:30,480 and the Bushido 829 01:01:30,480 --> 01:01:32,620 of Bitcoin or maybe somebody 830 01:01:32,620 --> 01:01:36,620 else is talking about it but that's how that came up i became interested in it again but 831 01:01:36,620 --> 01:01:43,380 they're speaking portuguese in a british accent they export these british accents on the world 832 01:01:43,380 --> 01:01:47,640 to think that british people are smart you like a british people they're not very smart they live 833 01:01:47,640 --> 01:01:55,540 on a shitty island they're all grumpy they're all poor and they memes are illegal there 834 01:01:55,540 --> 01:02:00,920 they're not they're not smart so we need to make sure that bitcoin podcasters speak 835 01:02:00,920 --> 01:02:09,680 in america because america's the the epicenter of culture right now and this is why but this is why 836 01:02:09,680 --> 01:02:17,460 i'm bullish because we're in the fourth turning and bitcoiners bitcoin podcast listeners we've 837 01:02:17,460 --> 01:02:23,080 been ahead of this we've been talking about how we are in the fourth turning for five years now 838 01:02:23,080 --> 01:02:40,260 We know part of the fourth turning and perhaps the biggest was the phase shift where people realize that when they're listening to a podcast or a narration or a news event be delivered to them by a British accent. 839 01:02:41,000 --> 01:02:43,020 We're no longer impressed by it. 840 01:02:43,080 --> 01:02:48,300 Now we know, all right, everything that comes out now is what we should not do. 841 01:02:48,640 --> 01:02:49,940 We don't want to be like the British. 842 01:02:50,080 --> 01:02:51,240 We don't want to be like the British Empire. 843 01:02:51,240 --> 01:02:56,940 So whatever they're going to do, however they're going to approach it, we are going to take the other side. 844 01:02:57,600 --> 01:03:03,540 And I think a lot of people listen to you, McCormick, and we're like, all right, now I know what not to do. 845 01:03:04,480 --> 01:03:08,840 Now I can go to, you know, go and go splinter off and go in the right direction. 846 01:03:09,000 --> 01:03:11,080 And that has been extremely valuable. 847 01:03:11,600 --> 01:03:18,280 Everybody who's in charge of these paper Bitcoin companies, when the times get tough, where are they going to think or anything? 848 01:03:18,380 --> 01:03:19,620 What would T. McCormick do? 849 01:03:19,620 --> 01:03:23,700 all right i will do the opposite of that because that's not going to work that's for you that's 850 01:03:23,700 --> 01:03:29,660 exactly what people expect right like i'm not going to do that um and that is you know i don't 851 01:03:29,660 --> 01:03:39,140 i think that perspective is pretty goddamn bullish fuck yeah it is yeah there's there's there's a 852 01:03:39,140 --> 01:03:45,700 there's two sides of it definitely where some people have learned not to repeat peter's 853 01:03:45,700 --> 01:03:47,760 mistakes and other people 854 01:03:47,760 --> 01:03:49,100 have it. 855 01:03:50,120 --> 01:03:51,900 And I think one of the great things about American 856 01:03:51,900 --> 01:03:53,920 culture is the attitude 857 01:03:53,920 --> 01:03:56,060 and just importance 858 01:03:56,060 --> 01:03:57,920 on non-compliance in this 859 01:03:57,920 --> 01:04:00,040 country's history. Or, I wouldn't 860 01:04:00,040 --> 01:04:01,520 even say country, but region. 861 01:04:02,140 --> 01:04:03,200 This region's history. 862 01:04:04,540 --> 01:04:05,960 And that's something, you know, 863 01:04:05,960 --> 01:04:06,620 a lot of these 864 01:04:06,620 --> 01:04:09,980 Europarians don't have. 865 01:04:10,480 --> 01:04:11,760 They don't have that attitude 866 01:04:11,760 --> 01:04:12,860 of non-compliance. 867 01:04:12,860 --> 01:04:18,760 the other thing about the paper bitcoin summer it's a great example uh to contrast it with what 868 01:04:18,760 --> 01:04:26,240 bitcoin did and peter mccormick is that a lot of people see they don't understand that like the 869 01:04:26,240 --> 01:04:34,420 the rise in popularity the rise in value the rise in brand uh strength uh and the rise in signal 870 01:04:34,420 --> 01:04:39,600 like the messaging like the in the popularity of it and the value of it just because you don't agree 871 01:04:39,600 --> 01:04:45,840 with it uh what it's you know what you're hearing literally you know there's a reason that it's 872 01:04:46,800 --> 01:04:52,500 so powerful there's a reason the price is high there's a reason for the the high valuation 873 01:04:52,500 --> 01:05:00,360 and you should always look at it from a objective perspective and smoke a cigarette and consider 874 01:05:00,360 --> 01:05:08,100 its impact well said yeah one of the things that peter needs to understand is uh people listen to 875 01:05:08,100 --> 01:05:13,820 his podcast not because they thought he was smart or because he had a good guess but they they thought 876 01:05:13,820 --> 01:05:18,560 he sounded smart because he had a british accent and that's just not that that's not going to fly 877 01:05:18,560 --> 01:05:26,560 anymore in the world we're going in but yeah um i'm ready for the uh do you have any other uh 878 01:05:26,560 --> 01:05:43,240 thoughts on on mccormick or stable coins or paper bitcoin summer cheese uh wrap this up before we go to the fountain boost or No I excited to go to the Fountain Boost I think we should go right now 879 01:05:43,500 --> 01:05:44,700 We got some long ones, too. 880 01:05:44,760 --> 01:05:46,880 Some people are writing us books this week. 881 01:05:50,720 --> 01:05:55,720 Trevor Agora at Fountain.fm, 5000 Sats, says, 882 01:05:55,720 --> 01:05:59,300 The Boomers are the spoiled generation that wasted their inherited wealth. 883 01:05:59,440 --> 01:06:01,360 At least they made the greatest music. 884 01:06:02,500 --> 01:06:10,640 until now generation x had the best child generation x fucking sucked at music imagine 885 01:06:10,640 --> 01:06:19,180 comparing like uh bob dylan or like i've been getting into bob dylan but imagine 886 01:06:19,180 --> 01:06:27,420 comparing like credence clearwater revival rolling stones or anything like that to um 887 01:06:27,420 --> 01:06:38,380 nirvana yeah imagine like comparing the doors to uh you know pearl jam it's in it's insulting 888 01:06:38,380 --> 01:06:46,340 unbelievable um generation x had the best childhood in the 70s and 80s but are the 889 01:06:46,340 --> 01:06:54,040 first americans to be worse off financially than their parents uh well in recent history 890 01:06:54,040 --> 01:06:56,120 not in total history of America. 891 01:06:56,660 --> 01:06:58,040 Satoshi is the Gen X, 892 01:06:58,720 --> 01:07:02,980 and they are the silent generation that will redistribute the wealth. 893 01:07:03,120 --> 01:07:06,860 The millennials came of age during the Great Recession. 894 01:07:07,180 --> 01:07:09,060 They never got a break and had the fewest children. 895 01:07:09,300 --> 01:07:11,100 That's why they say, okay, boomer, 896 01:07:11,300 --> 01:07:12,940 when boomers tell them not to complain. 897 01:07:13,780 --> 01:07:16,800 The Zoomers will be the hard pioneers that create good times. 898 01:07:17,060 --> 01:07:17,380 Interesting. 899 01:07:18,320 --> 01:07:19,120 I'd say it. 900 01:07:19,120 --> 01:07:21,120 I feel like his, 901 01:07:21,240 --> 01:07:21,720 um, 902 01:07:23,020 --> 01:07:24,380 his interpretation of, 903 01:07:24,520 --> 01:07:24,840 uh, 904 01:07:24,940 --> 01:07:26,540 how this plays out in the four turning, 905 01:07:26,660 --> 01:07:27,560 which generations, 906 01:07:27,560 --> 01:07:28,540 like they like, 907 01:07:28,540 --> 01:07:32,960 he's one behind where I interpret it. 908 01:07:33,020 --> 01:07:36,100 But if he's right, 909 01:07:36,140 --> 01:07:37,820 then we have a lot longer before. 910 01:07:37,960 --> 01:07:39,020 I don't think this is the, 911 01:07:39,140 --> 01:07:41,600 he thinks the broccoli haircuts are going to save the world. 912 01:07:41,600 --> 01:07:42,720 He thinks that the, 913 01:07:42,720 --> 01:07:45,980 the feature is going to be built by broccoli haircut zoomers. 914 01:07:46,160 --> 01:07:48,060 So I think maybe the argument that, 915 01:07:48,060 --> 01:07:48,600 uh, 916 01:07:49,120 --> 01:07:56,160 uh zoom or the broccoli hurricanes are going to use ai to like kind of leapfrog and take the 917 01:07:56,160 --> 01:08:00,960 boomers money and rip out and just basically fleece the boomers for all their uh all their 918 01:08:00,960 --> 01:08:09,060 bitcoins and all their tether honestly i i could see it if i could see the argument it's interesting 919 01:08:09,060 --> 01:08:15,800 i have faith in the millennials i think the gen x millennials and zoomers can defeat the boomers 920 01:08:15,800 --> 01:08:22,460 I think it's the millennials, they're just catching up to the user experience. 921 01:08:22,780 --> 01:08:29,180 But with AI, I think that it's going to benefit the broccoli aircoats early. 922 01:08:29,640 --> 01:08:32,680 But I think the millennials catch up and we're just smarter. 923 01:08:32,880 --> 01:08:34,000 I think we've got more experience. 924 01:08:34,480 --> 01:08:36,160 Thank you, Trevor Agora. 925 01:08:36,320 --> 01:08:37,660 The next one, Cody. 926 01:08:38,060 --> 01:08:38,760 He's our boy. 927 01:08:38,960 --> 01:08:41,640 He's always interacting on Noster. 928 01:08:42,360 --> 01:08:43,220 Love that app. 929 01:08:43,820 --> 01:08:45,760 Not your tease, not your problem. 930 01:08:45,800 --> 01:08:48,740 the song at the end is fire 931 01:08:48,740 --> 01:08:50,720 so I think he is referring 932 01:08:50,720 --> 01:08:52,620 to Hardest Money Ever 933 01:08:52,620 --> 01:08:53,940 Printed which 934 01:08:53,940 --> 01:08:56,520 there was the big hit 935 01:08:56,520 --> 01:08:58,720 until we just had one I just dropped 936 01:08:58,720 --> 01:08:59,920 on Friday 937 01:08:59,920 --> 01:09:02,060 Paper Made Men 938 01:09:02,060 --> 01:09:03,460 is a banger it's 939 01:09:03,460 --> 01:09:05,860 kind of a dance track 940 01:09:05,860 --> 01:09:07,560 it's hot 941 01:09:07,560 --> 01:09:10,180 people are saying it is hot 942 01:09:10,180 --> 01:09:12,660 but Hardest Money Ever 943 01:09:12,660 --> 01:09:14,180 Printed is also pretty hot 944 01:09:15,800 --> 01:09:19,020 I want to learn how to shuffle dance to your song. 945 01:09:20,060 --> 01:09:20,400 Hell yeah. 946 01:09:20,880 --> 01:09:25,460 If anybody knows how to shuffle dance, do a video to Rod's song. 947 01:09:25,920 --> 01:09:27,000 Get that trending on TikTok. 948 01:09:27,780 --> 01:09:29,800 Get paid for Bitcoin trending on TikTok. 949 01:09:30,740 --> 01:09:36,180 Yeah, Cody, if you like that song, listen to the song at the outro of this song. 950 01:09:36,180 --> 01:09:37,100 Or episode. 951 01:09:37,680 --> 01:09:38,420 It's killers. 952 01:09:39,100 --> 01:09:40,560 Number one on Wavelake right now. 953 01:09:40,560 --> 01:09:48,240 and if you want to annoy some grumpy maxis you get it you get evidence that paper bitcoins 954 01:09:48,240 --> 01:09:54,920 trending on tiktok that will all that their grump their grumps will will be heard around the world 955 01:09:54,920 --> 01:10:00,760 somebody needs to get paper bitcoin summer trending on tiktok 956 01:10:00,760 --> 01:10:04,320 oh man if they hear their kid like one of their fucking 957 01:10:04,320 --> 01:10:10,180 And middle school daughters is singing paper Bitcoin songs at Sunday dinner. 958 01:10:10,540 --> 01:10:12,680 Dude, they're going to go nuts. 959 01:10:12,800 --> 01:10:14,100 They're going to crash out on Twitter. 960 01:10:15,840 --> 01:10:17,340 What do you think would make them more upset? 961 01:10:17,420 --> 01:10:22,820 Having their teenage daughter singing a Nicki Minaj song or singing a paper Bitcoin song? 962 01:10:23,000 --> 01:10:23,920 That's a good question, man. 963 01:10:23,960 --> 01:10:29,960 It's almost like I'd rather my daughter listen to Taylor Swift in her bedroom than paper made men. 964 01:10:30,080 --> 01:10:31,420 I feel the same, actually. 965 01:10:31,420 --> 01:10:37,700 i feel i feel like paper bitcoin music should be uh you shouldn't allow your child children to 966 01:10:37,700 --> 01:10:43,660 listen to it until they're 18 yeah pro uh parental advisory should be going on this stuff 967 01:10:43,660 --> 01:10:48,840 or or at least some supervision um 968 01:10:48,840 --> 01:10:58,480 yeah thanks cody blizz uh 1010 cents says rip pleditor he killed his twitter account today 969 01:10:58,480 --> 01:11:06,840 well that's old news pleditor is back baby i'm so stoked i was really sad when pleditor left 970 01:11:06,840 --> 01:11:16,360 he's one of my favorite people on twitter one thing um that i learned during this whole pleditor 971 01:11:16,360 --> 01:11:24,020 thing was that a lot of people noticed pleditor when he uh deactivated his account uh we got so 972 01:11:24,020 --> 01:11:30,580 many dms boosts on found maybe we're getting stuff on nostr uh letting us know that tuttered 973 01:11:30,580 --> 01:11:34,540 everybody wanted to be the first to let us know everyone would be the first to get the tip out to 974 01:11:34,540 --> 01:11:41,400 the bugle that plunder had deactivated um and that's and that's you know that was great uh great 975 01:11:41,400 --> 01:11:48,820 to see um we were i think that proved those to show that we were definitely first out there 976 01:11:48,820 --> 01:11:50,760 reporting on 977 01:11:50,760 --> 01:11:53,240 Plutter's importance 978 01:11:53,240 --> 01:11:55,000 of keeping 979 01:11:55,000 --> 01:11:56,840 policing the timeline 980 01:11:56,840 --> 01:11:58,380 on most of our algorithms. 981 01:12:00,240 --> 01:12:00,980 I think what he probably 982 01:12:00,980 --> 01:12:02,980 realized is that there was nowhere that he could 983 01:12:02,980 --> 01:12:04,020 hide from paper Bitcoin 984 01:12:04,020 --> 01:12:06,780 because he went into Noster 985 01:12:06,780 --> 01:12:09,000 and then all of a sudden Noster turned into 986 01:12:09,000 --> 01:12:10,640 paper Bitcoin Noster. 987 01:12:12,220 --> 01:12:13,240 And the paper Bitcoiners 988 01:12:13,240 --> 01:12:15,320 are going to follow Plutter wherever he goes. 989 01:12:15,320 --> 01:12:16,200 There's no 990 01:12:16,200 --> 01:12:18,800 out for him. 991 01:12:18,820 --> 01:12:33,460 Yeah, journalists like us and people, you know, like Lovka and Rob Hamilton, who it's, you know, they take pride in telling waking up in the morning and telling pleasure that they hope he has a nice day. 992 01:12:33,460 --> 01:12:46,180 And pleasure cannot hide from from people who want to tell him to have a nice day or from journalists who want to know which scams he's calling out next. 993 01:12:46,180 --> 01:12:48,340 because we want to report that. 994 01:12:49,600 --> 01:12:51,960 And I think Paper Bitcoin Summer for Platter 995 01:12:51,960 --> 01:12:57,540 would just be realizing we all want him around. 996 01:12:58,200 --> 01:12:59,600 We miss you, Platter, 997 01:12:59,800 --> 01:13:01,960 and we want you to be a part of Bitcoin Twitter. 998 01:13:02,300 --> 01:13:03,860 You make Bitcoin Twitter what it is, 999 01:13:04,000 --> 01:13:05,320 and we want you to come to conferences. 1000 01:13:05,820 --> 01:13:10,700 We want Platter's influence in this ecosystem. 1001 01:13:11,460 --> 01:13:12,260 So come back, man. 1002 01:13:12,860 --> 01:13:14,340 Otherwise, we will find you 1003 01:13:14,340 --> 01:13:15,700 because we want to know what you think. 1004 01:13:16,180 --> 01:13:22,600 about the latest fucking uh you know stipe bickory of clipston and swamp bolt we want to know yeah 1005 01:13:22,600 --> 01:13:29,060 think of it kind of like uh search and rescue if pletterter gets lost in the weeds uh there's a 1006 01:13:29,060 --> 01:13:35,300 team out there willing to to go retrieve him bring him back we won't we will not leave pletter behind 1007 01:13:35,300 --> 01:13:39,860 to get bitcoin derangement syndrome he got quoted he got quoted in something this week 1008 01:13:39,860 --> 01:13:45,860 was it a wall street journal it was like a big news publication he he shared he shared 1009 01:13:45,860 --> 01:13:54,500 a citation that he received by the BBC News Network back from late 2023. 1010 01:13:56,220 --> 01:14:04,700 Everybody was kind of hyped about the ETF, hyped about new regulatory clarity, hyped 1011 01:14:04,700 --> 01:14:05,700 about these different things. 1012 01:14:05,780 --> 01:14:08,580 The bankruptcy is coming to an NSBF, went to prison. 1013 01:14:08,580 --> 01:14:16,520 But Platter was calling out El Salvador and I of Ducale for not having proof of reserves. 1014 01:14:16,760 --> 01:14:19,760 And they're lying about their proof of reserves in El Salvador. 1015 01:14:20,640 --> 01:14:26,780 And DVC cited Platter, which Platter did not mention in his post. 1016 01:14:27,180 --> 01:14:30,800 But if you read it, he cited Platter as a crypto investor. 1017 01:14:31,800 --> 01:14:31,940 Why? 1018 01:14:31,940 --> 01:14:36,620 yeah I think the 1019 01:14:36,620 --> 01:14:37,500 important thing is 1020 01:14:37,500 --> 01:14:40,300 Flutter's invited to pay for Bitcoin 1021 01:14:40,300 --> 01:14:40,700 summer 1022 01:14:40,700 --> 01:14:44,560 I learned something really 1023 01:14:44,560 --> 01:14:46,640 interesting this week 1024 01:14:46,640 --> 01:14:48,720 that you could do if you're a media organization 1025 01:14:48,720 --> 01:14:50,140 is 1026 01:14:50,140 --> 01:14:53,100 if you 1027 01:14:53,100 --> 01:14:54,540 if the government 1028 01:14:54,540 --> 01:14:56,720 or an organization is not 1029 01:14:56,720 --> 01:14:58,640 responding with what their actual 1030 01:14:58,640 --> 01:14:59,960 Bitcoin holdings are 1031 01:15:00,000 --> 01:15:06,860 and there's question about it you can just say that the on-chain analytics support that they 1032 01:15:06,860 --> 01:15:14,080 actually have the funds you don't actually have to right all right prove that with on-chain 1033 01:15:14,080 --> 01:15:18,400 analytics but you can just say that and then the public population believes it 1034 01:15:18,400 --> 01:15:28,640 but yeah anyways thanks blizza for the boost uh next one pies are man if you haven't uh 1035 01:15:28,640 --> 01:15:32,640 It was on the Otis Bitmeyer, the Sound Coffee podcast. 1036 01:15:33,180 --> 01:15:36,700 Pies had an interview on that. 1037 01:15:37,220 --> 01:15:38,740 I think it's his first podcast interview. 1038 01:15:39,000 --> 01:15:41,720 If you haven't heard it, you have to go listen to it. 1039 01:15:42,920 --> 01:15:44,100 But Pies is back. 1040 01:15:44,620 --> 01:15:48,040 He's always considering dropping his 40 hours per week. 1041 01:15:48,320 --> 01:15:53,040 But, I mean, Pies, his calling is to be a Bitcoin podcast listener. 1042 01:15:54,740 --> 01:15:57,340 And Pies can't avoid his calling. 1043 01:15:57,340 --> 01:16:02,860 uh you gave us a thousand stats american black equals number one salute salute flex 1044 01:16:02,860 --> 01:16:12,220 is is a good podcast guest too i think he might be called to be a podcast guest who knows he might 1045 01:16:12,220 --> 01:16:19,480 turn into a podcaster himself someday but yeah being on the coffee podcast this week was uh 1046 01:16:19,480 --> 01:16:25,340 with otis bitmeyer that was epic first introduction first words uttered 1047 01:16:25,340 --> 01:16:35,660 hi i'm pies the retard absolutely pies i think would i would love to listen to uh you know on 1048 01:16:35,660 --> 01:16:42,180 the job podcast with pies like he's giving a bitcoin podcast while he's uh he's on the job 1049 01:16:42,180 --> 01:16:47,960 he's jacking him and i mean listen to but this the noise in the background is going to be a little 1050 01:16:47,960 --> 01:16:52,840 the user experience as a listener for pies podcast would probably be a little bit rough 1051 01:16:52,840 --> 01:16:54,000 in the beginning. 1052 01:16:54,700 --> 01:16:57,160 But, like all good things, 1053 01:16:57,260 --> 01:16:58,400 I think it would be worth it 1054 01:16:58,400 --> 01:17:00,180 if Pies had it on the job 1055 01:17:00,180 --> 01:17:02,060 where he just podcasted on the job. 1056 01:17:02,960 --> 01:17:03,420 This is my take. 1057 01:17:05,060 --> 01:17:05,540 Absolutely. 1058 01:17:07,540 --> 01:17:07,960 Whoa. 1059 01:17:08,520 --> 01:17:09,380 Whoa, excuse me. 1060 01:17:11,720 --> 01:17:12,640 Thank you, Pies. 1061 01:17:13,000 --> 01:17:15,000 Next boost, Turkey, 500 stats. 1062 01:17:15,680 --> 01:17:16,600 Appreciate it, Turkey. 1063 01:17:16,840 --> 01:17:17,600 I'll read the next. 1064 01:17:18,340 --> 01:17:19,000 Yeah, yeah. 1065 01:17:19,740 --> 01:17:21,000 Or do you want the long one 1066 01:17:21,000 --> 01:17:21,980 or do you want the short one? 1067 01:17:22,840 --> 01:17:23,620 I'll do a short one. 1068 01:17:23,780 --> 01:17:24,680 We got Luti. 1069 01:17:25,400 --> 01:17:26,360 I think that's how you say it. 1070 01:17:26,380 --> 01:17:27,080 500 sats. 1071 01:17:27,400 --> 01:17:28,960 Very interesting take on things. 1072 01:17:29,080 --> 01:17:31,820 I'll definitely be tuning in more often. 1073 01:17:32,980 --> 01:17:34,180 Thank you, Luti. 1074 01:17:35,800 --> 01:17:37,520 Did you listen again? 1075 01:17:38,000 --> 01:17:40,040 Or is this more, again, if that was how you found us? 1076 01:17:40,160 --> 01:17:45,100 Because that's one of the nicest first listeners, 1077 01:17:45,580 --> 01:17:46,680 the things anybody ever said. 1078 01:17:46,920 --> 01:17:48,540 So we keep coming in. 1079 01:17:48,540 --> 01:17:56,260 what ludy's bile bio says uh concrete family man anarchist that enjoys gardening history bitcoin 1080 01:17:56,260 --> 01:18:02,520 gym pattern recognizer crisis king trying to build a little homestead go hawk sounds like 1081 01:18:02,520 --> 01:18:09,220 pioneer to me that's a pioneer it sounds like an intellectual silk road resonator you know or bio 1082 01:18:09,220 --> 01:18:14,900 let us know ludy what your uh political pronouns are next week thank you for the boost thanks for 1083 01:18:14,900 --> 01:18:30,766 Listen it looks like the second to last boost is from ChillNow444SAT says Core Transformation Initiate Paper Bitcoin Summer of Worship Boomers Offering Your Offspring to Molag 1084 01:18:31,506 --> 01:18:33,786 Configuring Personal Evolution. 1085 01:18:35,406 --> 01:18:36,706 Saturn Retrograde Start. 1086 01:18:37,006 --> 01:18:39,806 Take full responsibility for your inner force. 1087 01:18:40,906 --> 01:18:44,006 L1T equals T1H. 1088 01:18:45,406 --> 01:18:53,406 dash moon dash sun grand thrine is this all astrology stuff this might be a little bit too 1089 01:18:53,406 --> 01:19:06,386 so so uh this is it looks like a uh a flavor if you will of what's called x xml so you got like 1090 01:19:06,386 --> 01:19:13,186 when apis when computers talk to each other uh they either send like json which is like javascript 1091 01:19:13,186 --> 01:19:20,226 notation or the 10 xml format and they put instructions or data into those formats this 1092 01:19:20,226 --> 01:19:28,646 looks like a a uh maybe like a non-kyc xml um and so the you have to read this for yourself 1093 01:19:28,646 --> 01:19:35,586 especially if you know code you know it's got its uh its structure its brackets um its arguments 1094 01:19:35,586 --> 01:19:41,806 in the uh bracketed strings so saturn and retrograde equals start you know so that's kind 1095 01:19:41,806 --> 01:19:45,826 of telling you where the program is supposed to start reading it so if you're a coder you 1096 01:19:45,826 --> 01:19:55,366 might be able to come translate this for us but it is instructions for a new um it's very high 1097 01:19:55,366 --> 01:20:02,626 level instruction for setting the divide in the context of the pugil verse i think that's what 1098 01:20:02,626 --> 01:20:10,726 they're trying to uh to to program there that's my interpretation it's a new moon should i copy 1099 01:20:10,726 --> 01:20:14,246 should i copy and paste this into my terminal and see what happens 1100 01:20:14,246 --> 01:20:21,386 definitely not definitely not do not open that especially in windows if you don't have good 1101 01:20:21,386 --> 01:20:25,846 if you don't have good software this is like you don't want to accidentally take too much dmt 1102 01:20:25,846 --> 01:20:30,086 and you don't want to download like this it's like it would be like a dmt experience for your 1103 01:20:30,086 --> 01:20:37,326 computer um and the user experience might be a little too far for you to figure out 1104 01:20:37,326 --> 01:20:39,086 if this thing runs locally. 1105 01:20:39,266 --> 01:20:42,346 Yeah, it definitely has the syntax of computer code. 1106 01:20:42,586 --> 01:20:43,306 It's very interesting. 1107 01:20:43,486 --> 01:20:45,706 I'm not reading it super specifically 1108 01:20:45,706 --> 01:20:46,726 because it would take me forever, 1109 01:20:46,906 --> 01:20:49,086 but yeah, go and read it. 1110 01:20:49,926 --> 01:20:53,066 The healing trinity invites your subconscious fear 1111 01:20:53,066 --> 01:20:57,786 of punishment to dissolve in the healing powers of water. 1112 01:20:59,006 --> 01:21:03,346 That seems to be a hint at Lake Satoshi to me. 1113 01:21:04,506 --> 01:21:07,266 Tell the feds you lost your keys in a boating accident. 1114 01:21:07,326 --> 01:21:15,266 you can also do that like satoshi conflict executed so it's like the end tag 1115 01:21:15,266 --> 01:21:24,366 uh complacency in the circular economy requires you to redefine generosity 1116 01:21:24,366 --> 01:21:34,286 execute reclamation and then a uh want to get somebody who knows uh who knows rust 1117 01:21:34,286 --> 01:21:49,572 to get on here and interpret this for us It redirects it got a link to a picture of like uh like a greek statue of a woman smoking a cigarette interesting it sounds it sounds it sounds like uh the the universe is 1118 01:21:49,572 --> 01:21:56,212 turning towards having uh thermodynamically sound karens again mom's he spoke like yeah 1119 01:21:56,212 --> 01:22:00,992 the archetype of a good mother like a mother who smoked cigarettes there's gonna be some 1120 01:22:00,992 --> 01:22:07,392 while they're smoking cigarettes at lake satoshi that's for sure i'm stoked for lake satoshi 1121 01:22:07,392 --> 01:22:18,052 hell yeah last one is uh btc on board good old faithful 300 sats thumbs up salute btc on board uh 1122 01:22:18,052 --> 01:22:23,932 i don't know if i mean he's definitely up there with pies as listening and posting the most 1123 01:22:23,932 --> 01:22:31,492 podcasts when it comes to our podcast kind of pies takes his uh his vacations from 40 hours per week 1124 01:22:31,492 --> 01:22:41,512 btc on board might be our top booster in terms of volume anyways so btc on board thank you 1125 01:22:41,512 --> 01:22:47,712 for being our potentially new top i have to audit that i'd love to meet you someday yeah 1126 01:22:47,712 --> 01:22:54,112 definitely the most consistent booster that we've had consistency adds up 1127 01:22:54,752 --> 01:23:05,112 hands up all right folks well i think that's all we got for today go read fundamentals book we'll 1128 01:23:05,112 --> 01:23:12,632 have a uh link to that in the show notes i'm excited about lake satoshi coming up here pretty 1129 01:23:12,632 --> 01:23:19,852 soon go check that out hope to see you there yeah uh fundamentals book bitcoin for institutions 1130 01:23:19,852 --> 01:23:28,292 uh that is one of the best books to talk about and to recommend at a paper bitcoin summer party 1131 01:23:28,292 --> 01:23:33,792 so if somebody's there they will probably like fundamentals book should probably recommend it to 1132 01:23:33,792 --> 01:23:40,792 them give them a chance to show a suit coin or how to use the zeus lighting wallet uh to get your pdf 1133 01:23:40,792 --> 01:23:48,732 copy or get the hard copy um perfect book for it may be the book for a penny for bitcoin summer 1134 01:23:48,732 --> 01:23:56,572 i can't take it of a better one i would absolutely agree and also before right after this you're 1135 01:23:56,572 --> 01:24:04,572 gonna hear rod palmer's song it's a banger go over to wave lake.com it's currently trendy number one 1136 01:24:04,572 --> 01:24:05,472 Go boost it there. 1137 01:24:05,592 --> 01:24:05,752 Go, 1138 01:24:05,752 --> 01:24:06,012 go, 1139 01:24:06,092 --> 01:24:06,972 go keep it. 1140 01:24:07,872 --> 01:24:08,912 Number one. 1141 01:24:10,912 --> 01:24:12,132 Let's try and keep this one. 1142 01:24:12,172 --> 01:24:14,172 Number one for all of paper. 1143 01:24:14,352 --> 01:24:15,112 Bitcoin summer. 1144 01:24:15,552 --> 01:24:17,352 This is a great song. 1145 01:24:18,372 --> 01:24:18,772 Anyways, 1146 01:24:19,012 --> 01:24:19,252 worthy, 1147 01:24:19,452 --> 01:24:19,812 worthy, 1148 01:24:19,992 --> 01:24:20,892 worthy of the cause. 1149 01:24:21,012 --> 01:24:22,112 If you're listening to this Monday, 1150 01:24:22,192 --> 01:24:24,092 I'm going to be doing a music show tonight. 1151 01:24:24,212 --> 01:24:25,312 I'm doing those periodically. 1152 01:24:25,472 --> 01:24:25,912 Unfortunately, 1153 01:24:26,052 --> 01:24:27,432 zap.stream is down. 1154 01:24:27,532 --> 01:24:29,312 So it'll be on a Twitter and YouTube, 1155 01:24:29,312 --> 01:24:29,872 but, 1156 01:24:29,872 --> 01:24:30,372 uh, 1157 01:24:30,372 --> 01:24:37,632 we'll definitely be jamming out to paper made men on that one but anyways thank you everybody 1158 01:24:37,632 --> 01:24:43,592 for tuning into this show this is the bugle weekly the most thermodynamically sound podcast 1159 01:24:43,592 --> 01:24:50,752 in the world tell your friends don't don't tell strangers practice good ops go tell your friends 1160 01:24:50,752 --> 01:25:06,138 about the bugle weekly go and shill the most thermodynamically podcast in the world as Richard Greaser We catch you on the next one And yeah just remember 1161 01:25:06,618 --> 01:25:10,498 Paper Bitcoin Summer is the beginning of a new era, 1162 01:25:10,638 --> 01:25:12,798 the era of paper-made men. 1163 01:25:12,798 --> 01:25:14,998 We were never in control. 1164 01:25:16,458 --> 01:25:20,158 But the charts made it feel like destiny. 1165 01:25:22,258 --> 01:25:24,798 Paper games in the highlight. 1166 01:25:26,218 --> 01:25:33,218 Back to paper bitcoin summer again 1167 01:25:45,218 --> 01:25:48,218 Get me back to paper bitcoin summer again 1168 01:25:48,218 --> 01:25:52,218 Riding takeaways like the truth of no end 1169 01:25:52,218 --> 01:25:55,858 Dancing through the foam off chain and pretend 1170 01:25:55,858 --> 01:26:00,178 Yeah, we made it, paper made man 1171 01:26:00,178 --> 01:26:03,578 Get me back to where the candle's never been 1172 01:26:03,578 --> 01:26:07,838 On the full hour chart that forgives and transcends 1173 01:26:07,838 --> 01:26:11,378 We were born to build, save and defend 1174 01:26:11,378 --> 01:26:16,278 Get me back to paper bitcoin summer again 1175 01:26:16,278 --> 01:26:19,978 They told us, not your keys, not your coin 1176 01:26:19,978 --> 01:26:24,738 But the announcements, the filings felt so divine 1177 01:26:24,738 --> 01:26:27,438 So we offered up the keys 1178 01:26:27,438 --> 01:26:30,938 To the gods of black rock, pure infidelity 1179 01:26:30,938 --> 01:26:33,818 No seed phrase, no note 1180 01:26:33,818 --> 01:26:35,778 Just vibes and exposure 1181 01:26:35,778 --> 01:26:39,658 Self-custody was a robin' of disclosure 1182 01:26:39,658 --> 01:26:43,418 MF dreams, institutional beams 1183 01:26:43,418 --> 01:26:47,378 Nothing is real but the premium screams 1184 01:26:47,378 --> 01:26:52,078 We laughed at fiat, yet begged for yields 1185 01:26:52,078 --> 01:26:55,778 Traded sovereignty for quarterly fields 1186 01:26:55,778 --> 01:26:59,118 But in our hearts the lamp pool swells 1187 01:26:59,118 --> 01:27:02,678 And howling cycles cast their spells 1188 01:27:17,378 --> 01:27:21,038 Get me back to paper Bitcoin summer again 1189 01:27:21,038 --> 01:27:25,098 Riding tickle waves like the truth with no end 1190 01:27:25,098 --> 01:27:28,558 Dancing through the foam off chain and pretend 1191 01:27:28,558 --> 01:27:33,098 Yeah, we made it, paper made land 1192 01:27:33,098 --> 01:27:36,498 Get me back to where the candles never bend 1193 01:27:36,498 --> 01:27:40,398 On a four hour chime that forgives entrances 1194 01:27:40,398 --> 01:27:44,278 We were born to build, save and defend 1195 01:27:44,278 --> 01:27:49,358 Get me back to paper bitcoin summer again 1196 01:27:49,358 --> 01:27:51,898 It was never about the coin 1197 01:27:51,898 --> 01:27:56,218 It was always about the feeling 1198 01:27:56,218 --> 01:27:59,558 The illusion of moonlight 1199 01:27:59,558 --> 01:28:03,098 And an announcement's timing 1200 01:28:03,098 --> 01:28:07,178 Get me back to paper bitcoin 1201 01:28:07,178 --> 01:28:10,218 Summer 1202 01:28:10,218 --> 01:28:12,758 Again 1203 01:28:14,278 --> 01:28:20,278 And...