1 00:00:00,000 --> 00:00:04,000 Bitcoin has never been more centralized and controlled than it is today. 2 00:00:04,000 --> 00:00:06,000 Yeah, I'm not talking about the sailor stamps. 3 00:00:06,000 --> 00:00:11,000 You know, the best compliment I think I ever got, I haven't gotten that many, but one I did get one afternoon I was on Spaces. 4 00:00:11,000 --> 00:00:15,000 That A, Bitcoin is money, and B, run an ode. 5 00:00:15,000 --> 00:00:18,000 That's the only way that you're a true Bitcoiner, that's the only way you can use Bitcoin permissionlessly, 6 00:00:18,000 --> 00:00:23,000 as censorship-resistant money, is to broadcast and verify monetary transactions by your own ode. 7 00:00:23,000 --> 00:00:25,000 Focus on people who are telling the truth. 8 00:00:25,000 --> 00:00:32,560 Some of my favorite people who do that come to mind is Dr. Jack Cruz, maybe Canute Spanholm, George Bodine. 9 00:00:33,460 --> 00:00:38,300 My Bitcoin node is for sovereign monetary use, so keep your shit off my node. 10 00:00:39,820 --> 00:00:43,940 Back, what a rollercoaster ride it's been the past few days. 11 00:00:43,940 --> 00:00:54,940 um for those of you don't know the bugle broke the announcement that foundry usa which for those 12 00:00:54,940 --> 00:01:03,220 of you don't know is the largest mining pool um on bitcoin i don't know exactly how much percentage 13 00:01:03,220 --> 00:01:10,980 of the hash rate goes through foundry usa but it's it's it's a lot um rebirthing is that they 14 00:01:10,980 --> 00:01:19,880 are going to allow a democratic uh vote of all the pool account owners and they're going to be 15 00:01:19,880 --> 00:01:27,240 able to flag virtue signal their support for bit 110 or not and if 51 of the hash rate uh in 16 00:01:27,240 --> 00:01:33,540 founder usa votes in favor of bit 110 then the mining pool will signal and so the plebs were 17 00:01:33,540 --> 00:01:37,400 I mean, ecstatic on Friday when this came out. 18 00:01:37,960 --> 00:01:40,640 It was all over social media. 19 00:01:41,840 --> 00:01:44,580 People were very unsure if they should trust the news 20 00:01:44,580 --> 00:01:45,760 because it came from the Google. 21 00:01:46,880 --> 00:01:49,520 But, you know, again, like, you should trust the Google 22 00:01:49,520 --> 00:01:51,380 as much as you would trust the New York Times, 23 00:01:51,480 --> 00:01:53,960 and they wouldn't question if the New York Times reported it. 24 00:01:54,540 --> 00:01:56,280 But big day. 25 00:01:57,160 --> 00:02:03,100 And then reality came smashing back to slap the plebs in the face 26 00:02:03,100 --> 00:02:14,600 as it often does but that that morning saturday morning michael saylor posted a chat gp keyslop 27 00:02:14,600 --> 00:02:25,740 article 110 reasons why bit 110 is bad for bitcoin now stew stew uh txo uh friend of the podcast 28 00:02:25,740 --> 00:02:30,960 who's been on here before he made uh the the point that it's a good thing they switched it from 29 00:02:30,960 --> 00:02:39,240 BIP444 to BIP110 because then Saylor would have to write 444 reasons why it was bad for Bitcoin. 30 00:02:39,860 --> 00:02:43,900 But that comes out and Saylor, I mean, listen, we can get into it, but Saylor being against 31 00:02:43,900 --> 00:02:50,600 anything that Plebis want to do is a huge, huge obstacle in their path because Saylor 32 00:02:50,600 --> 00:02:57,260 is more influential than all these Plebis. But right after that, a pseudonymous 33 00:02:57,260 --> 00:03:04,160 back or whatever you want to call him uh posted an article it's you know he had no followers 34 00:03:04,160 --> 00:03:11,280 it's a brand new account dathan hone a play on dathan ohm the author of bit.10 the pseudonymous 35 00:03:11,280 --> 00:03:21,480 coder and it is a consensus bug that he found or she found and it basically if you switch 36 00:03:21,480 --> 00:03:29,720 from core to to not spit one ten too late after the activation period uh you your your node 37 00:03:29,720 --> 00:03:34,640 turns to pleb slot it basically won't stay on the right chain it'll just validate stuff that's 38 00:03:34,640 --> 00:03:40,280 invalid it it basically puts you on multilee you can't trust your net anymore your note is 39 00:03:40,280 --> 00:03:47,400 bricked your blocks become slot it is so it's called the block slot um block slot consensus 40 00:03:47,400 --> 00:03:53,500 but and blab so i mean the players went from the top of the top of the world to back down in the 41 00:03:53,500 --> 00:03:59,800 slot pits in less than 24 hours it's not looking good they're making threats to do press conferences 42 00:03:59,800 --> 00:04:07,740 uh they're making videos crying in their cars where some of them live in those cars um and it's 43 00:04:07,740 --> 00:04:12,020 uh it's a tough it's a it's a tough summer to be it's a tough day to be a pleb it's a tough 44 00:04:12,020 --> 00:04:13,940 weak to be a pleb. 45 00:04:14,420 --> 00:04:16,140 And if that's not bad enough, 46 00:04:16,660 --> 00:04:18,740 if you're a pleb who's serving your country, 47 00:04:19,300 --> 00:04:20,900 serving in EOCons over in the Middle East, 48 00:04:21,780 --> 00:04:23,880 that war is going out of control. 49 00:04:24,380 --> 00:04:26,020 And we lost some, you know, 50 00:04:26,120 --> 00:04:30,240 U.S. military plebs in Jordan 51 00:04:30,240 --> 00:04:33,140 due to hypersonic missiles from Iran. 52 00:04:33,420 --> 00:04:36,280 So just tough, tough times for plebs. 53 00:04:37,100 --> 00:04:39,820 It's a tough time indeed for Bitcoin plebs. 54 00:04:40,240 --> 00:04:41,420 You know, as we've seen, 55 00:04:42,020 --> 00:05:00,300 A few of them have been evicted out of their houses because they thought it would be a better idea to rent hash rate and to buy start nine nodes instead of pay their mortgages or rents, which I think is a misallocation of capital personally. 56 00:05:00,960 --> 00:05:03,220 But, you know, these plugs are pretty committed and. 57 00:05:04,720 --> 00:05:08,720 I just don't really I'm not sure what good it does. 58 00:05:08,720 --> 00:05:23,940 I mean, it's like if they had any chance of ever becoming an economic node, it seems like they're trying to eliminate any opportunity to be an economic node by self-sabotaging for the sake of defending the network. 59 00:05:25,320 --> 00:05:37,420 But just the belchers out there telling influencers that if they support BIP-110, they'll get paid more than whatever core is willing to pay them. 60 00:05:37,420 --> 00:05:39,360 So I thought that was pretty interesting. 61 00:05:39,560 --> 00:05:41,320 I'm not sure if you saw that, Rod. 62 00:05:41,440 --> 00:05:51,400 But it has been tumultuous indeed on the front of the pub slop kayfabe on Twitter. 63 00:05:51,940 --> 00:06:01,380 And, you know, I think it's only going to heat up as we're getting into this attempted activation phase. 64 00:06:01,820 --> 00:06:03,940 And, you know, the sports ball is over. 65 00:06:03,940 --> 00:06:09,300 the world cup just ended right as we're recording this and spain came out victorious 66 00:06:09,300 --> 00:06:25,628 tain is victorious so that is a tough talk this is tough for argentina blips and you guys got messy it did that the thing it like the plebs think they got you know you watched the avengers movie that came out and like 67 00:06:25,628 --> 00:06:30,128 the one with all the memes the one before kobe i just spent so many avengers movies i know 68 00:06:30,128 --> 00:06:36,288 but where the portals open up and all the superheroes come out and they go on they go 69 00:06:36,288 --> 00:06:40,828 they go and fight the bad marvel guys and the plebs think they've got that like the plebs think 70 00:06:40,828 --> 00:06:41,748 They got Hodelnot. 71 00:06:41,968 --> 00:06:42,828 They got Luke. 72 00:06:43,028 --> 00:06:45,448 Luke's like, you know, saved Bitcoin multiple times. 73 00:06:46,088 --> 00:06:51,868 They're against, you know, the planet's just learned to distrust Sailor a few months ago. 74 00:06:52,408 --> 00:06:54,448 Like this spring, basically. 75 00:06:55,128 --> 00:07:04,708 They just start asking Noah Gold, you know, allegedly got suspended from Twitter because he was asking questions about Sailor being perhaps part of the CIA. 76 00:07:04,708 --> 00:07:12,768 And they think, they really do believe this has come down to a battle of good versus evil. 77 00:07:12,988 --> 00:07:14,188 And they're on the good side. 78 00:07:14,428 --> 00:07:22,948 And they think that by virtue signaling their pleb nodes that they have this impact in this fight. 79 00:07:23,668 --> 00:07:27,648 And it's just, it's, they write a lot of plebs, a lot of parables. 80 00:07:28,008 --> 00:07:32,448 They like to LARP and share their plebs, a lot of fan fiction. 81 00:07:32,448 --> 00:07:39,308 but they just think this is one big club slot fairytale and that the good guys win and it's 82 00:07:39,308 --> 00:07:44,848 like slowly but surely starting some are starting to realize that that is not true like me creations 83 00:07:44,848 --> 00:07:52,548 is making waves on the timeline right now because he defected from the bip 110 cult and needless to 84 00:07:52,548 --> 00:07:58,548 say he's it's a block party everybody's all the all those old friends all those old allies all the 85 00:07:58,548 --> 00:08:04,808 guys he used to you know get glazed with at happy hour on the timeline at in yellows you know don't 86 00:08:04,808 --> 00:08:10,788 stop believing four o'clock spaces every day no i have none of those friends there they kicked him 87 00:08:10,788 --> 00:08:18,648 out of the group chat he is now you know seeing clear as they want to say going clear but you know 88 00:08:18,648 --> 00:08:22,808 now he's trying to pick up the pieces he's got to make he's got to join new group chats 89 00:08:22,808 --> 00:08:29,868 yeah i've just been kind of baffled at whether you know a lot of these gen x boomer plabs like 90 00:08:29,868 --> 00:08:39,408 puncher tomer george bodine you know these guys like this all the people that justin belcher says 91 00:08:39,408 --> 00:08:48,848 you know are trustworthy plabs uh you know what their draw is to the bap 110 cult because part 92 00:08:48,848 --> 00:08:54,368 of the reason of joining the cult i understand historically you know from just reading about 93 00:08:54,368 --> 00:09:00,768 them a lot is that the sex is good and this is like one of the first cults i've ever seen where 94 00:09:00,768 --> 00:09:06,048 they're like out there like braiding developers about why they can't have sex and it doesn't seem 95 00:09:06,048 --> 00:09:12,228 like the sex is good at all because they what they seem to do is they they they seem to sit around and 96 00:09:12,228 --> 00:09:19,248 you know just talk in twitter spaces all day instead of having sex like part part of joining 97 00:09:19,248 --> 00:09:26,828 a cult you know is to have lots of sex right it's the first it's the first celibate cult 98 00:09:26,828 --> 00:09:33,568 they join a cult to glaze each other digitally instead of physically yeah i mean like even even 99 00:09:33,568 --> 00:09:40,808 like some of the cults you know like the a lot of these cults like even though you know the super 100 00:09:40,808 --> 00:09:45,368 like kind of Christian religious ones it's like it's a great opportunity if you're an incel right 101 00:09:45,368 --> 00:09:51,448 because like the the the leader of the cult like will hook you up in an arranged marriage with like 102 00:09:51,448 --> 00:09:58,988 some hot chick right right and like the only stipulation is like your wife will be able will 103 00:09:58,988 --> 00:10:04,688 have to have sex with the cult leader so like in this scenario like you get a hot girlfriend or wife 104 00:10:04,688 --> 00:10:07,548 but occasionally she has to sleep with Luke. 105 00:10:09,728 --> 00:10:10,208 Yeah. 106 00:10:10,208 --> 00:10:12,048 But they don't even get that. 107 00:10:12,388 --> 00:10:13,288 They don't even get that. 108 00:10:15,768 --> 00:10:18,508 So what do you think the appeal is? 109 00:10:18,648 --> 00:10:21,268 Because we know that it's not sex. 110 00:10:22,328 --> 00:10:24,028 Or we know that it's not good sex. 111 00:10:24,528 --> 00:10:26,008 What's the appeal to this cult? 112 00:10:26,428 --> 00:10:28,468 Well, it's not sex and it's not money. 113 00:10:28,948 --> 00:10:31,228 Because they're spending all their money on trinkets. 114 00:10:31,228 --> 00:10:42,108 to get into this call you have to spend you know 790 to go to plethora university 115 00:10:42,108 --> 00:10:48,708 and then you have to spend a thousand dollars on the start nine note and that's that's just 116 00:10:48,708 --> 00:10:56,228 to get in at the ground floor if you want to if you want to get any like respect or you want to 117 00:10:56,228 --> 00:11:01,508 get into like some of the more exclusive group chats you're gonna have to start buying multiple 118 00:11:01,508 --> 00:11:06,328 start night notes i mean some of these guys are homeless like we said because they've got 119 00:11:06,328 --> 00:11:12,928 four or five notes uh and they're spinning up more so and you know those are not only expensive 120 00:11:12,928 --> 00:11:17,188 on the front end but now it's you you got to pay to store all the spam on your note 121 00:11:17,188 --> 00:11:24,348 you got fabian's trying to poop on them so now you're broke you're sexless and 122 00:11:24,348 --> 00:11:28,428 And so, yeah, what's the appeal? 123 00:11:30,748 --> 00:11:34,008 Well, I mean, there are examples of this. 124 00:11:34,128 --> 00:11:36,748 I guess like Scientology is an example of this. 125 00:11:37,268 --> 00:11:40,488 You know, individuals devote all their time and energy to. 126 00:11:40,488 --> 00:11:53,268 It seems like there are some cults that exist that capture the imagination of plebs, where they want to save the world. 127 00:11:53,268 --> 00:11:55,128 They feel like they're saving the world. 128 00:11:55,348 --> 00:12:00,268 And in order to attempt to save the world, they're willing to give up money and sex. 129 00:12:00,928 --> 00:12:09,628 It's almost like, you know, the Catholic Church, you know, is popularized this, you know, with like the priesthood and nuns. 130 00:12:11,028 --> 00:12:20,308 So they take a vow of celibacy, a vow of poverty in order to find it, you know, fall a leader. 131 00:12:20,308 --> 00:12:22,628 A clergy of no-draars. 132 00:12:23,268 --> 00:12:28,328 Yeah, pretty much. And Luke is the Pope, the Pope's Pope. 133 00:12:28,328 --> 00:12:39,576 Well it interesting because it like in the medieval times right Like when the Catholic the Holy Roman Empire ruled the plebs of the peasants 134 00:12:39,775 --> 00:12:44,475 the clergy were like the gatekeepers to the scriptures, 135 00:12:44,716 --> 00:12:51,275 the gatekeepers to God's communication to human beings. 136 00:12:51,436 --> 00:12:53,696 They were the gatekeepers of truth. 137 00:12:53,836 --> 00:12:55,275 They were the only ones who knew how to read, 138 00:12:55,275 --> 00:13:00,855 the only ones who had access to the scrolls and the scriptures to read the bible whatever 139 00:13:00,855 --> 00:13:06,495 uh and so like the plebs are like they're like trying to role play as they they want to be the 140 00:13:06,495 --> 00:13:11,775 clergy this time they want to be celibate they want to run the nodes and it's like what are 141 00:13:11,775 --> 00:13:19,755 our nodes are the nodes that are truth and if you don't if you don't put these blocks that are 142 00:13:19,755 --> 00:13:23,755 you know, compliant with what we say is truth, 143 00:13:24,615 --> 00:13:25,915 then we're rejecting them. 144 00:13:26,035 --> 00:13:28,816 And they're pledging it, they're uniting to reject 145 00:13:28,816 --> 00:13:30,475 consensus valid blocks. 146 00:13:31,115 --> 00:13:33,475 They're not after truth, they're after control. 147 00:13:33,576 --> 00:13:34,595 They want to gatekeep. 148 00:13:35,775 --> 00:13:38,875 So they want to gatekeep, they're the time chain police. 149 00:13:38,956 --> 00:13:39,895 We talked about this. 150 00:13:39,995 --> 00:13:43,135 They want to gatekeep the blockchain. 151 00:13:43,295 --> 00:13:44,755 They want to gatekeep the money. 152 00:13:44,755 --> 00:13:51,495 well i mean it's entering the clergy in many ways was 153 00:13:51,495 --> 00:14:02,696 an honorary way for individuals to try and you know take their lives and level up 154 00:14:02,696 --> 00:14:09,415 in extent because you know for all of human history individuals essentially organized via 155 00:14:09,415 --> 00:14:16,576 like some sort of cast system right with uh the majority of people unable to you know break out 156 00:14:16,576 --> 00:14:22,795 of whatever their cast is and uh you know this is just you're born a plaid 157 00:14:22,795 --> 00:14:31,155 it's hard to break out of that you know you'll all of uh like it's just not everybody is born 158 00:14:31,155 --> 00:14:39,015 in the influencer class right and like a lot of plavs a lot of plavs want to level up and become 159 00:14:39,015 --> 00:14:46,236 influencers like you see justin belcher you see hodl and on they're just so thirsty for it mechanic 160 00:14:46,236 --> 00:14:50,595 is like one of the ones that has successfully done it they've seen people like btc sessions 161 00:14:50,595 --> 00:14:55,676 they've seen people like the simply bitcoin guys like they there are these individuals out there 162 00:14:55,676 --> 00:15:01,236 that you know start out as plebs and you know successfully transitioned to becoming influencers 163 00:15:01,236 --> 00:15:05,556 and they want so desperately to do that themselves. 164 00:15:06,595 --> 00:15:11,215 And so I think it's part of like, you know, this is their level up. 165 00:15:12,816 --> 00:15:21,355 The last time, you know, Bitcoin culturally really had like this class, 166 00:15:21,355 --> 00:15:25,895 new class of influencers who kind of took the torch 167 00:15:25,895 --> 00:15:28,836 and kind of carried it to the point where we're at now. 168 00:15:28,836 --> 00:15:37,535 or you know were the mentors or the inspiration or the gatekeepers to some of the influencers that 169 00:15:37,535 --> 00:15:44,736 came you know in the subsequent years is the people is the influencers who won the block size 170 00:15:44,736 --> 00:15:51,155 war in 2017 the play you know not the plus but the the influencers who went on to be the dominant 171 00:15:51,155 --> 00:15:58,995 podcasters and who kind of ushered in the new class of influencers and and podconf approved 172 00:15:58,995 --> 00:16:05,275 people were the were the people who won in 2017 to the plebs are sick and tired of influencers who 173 00:16:05,275 --> 00:16:12,275 they don't think uh reflect their blood slot values and they want to you know they they want 174 00:16:12,275 --> 00:16:19,275 to force this this fork war this node war this like plebs slot block size war and so they can 175 00:16:19,275 --> 00:16:25,095 win it claim victory and they can be the new influencers that the you know their podcasters 176 00:16:25,095 --> 00:16:32,255 their tallow will be the most premium not you know this old guard who lost who you know wanted 177 00:16:32,255 --> 00:16:38,475 to put ethereum on bitcoin as i like to say i think one of the things that's a part a lot of 178 00:16:38,475 --> 00:16:46,655 people are projecting this being a short battle and like part of the reason why the bitcoin cash 179 00:16:46,655 --> 00:16:51,635 people largely went away is because they had a viable coin to keep them entertained for a little 180 00:16:51,635 --> 00:16:58,975 bit that has some monetary you know value it still does today oddly you know right and it was like 181 00:16:58,975 --> 00:17:05,376 number one on bitcoin.com and like on coinbase like it was at the top of the exchange list 182 00:17:05,376 --> 00:17:13,676 yeah i mean it's just it was relevant it was relevant i mean a lot of people signed up for 183 00:17:13,676 --> 00:17:17,775 Coinbase at the first time and they're just like, oh, Bitcoin Cash, a cheaper version of Bitcoin. 184 00:17:17,955 --> 00:17:20,775 Like, we're just going to pump some liquidity into it because we don't know any better. 185 00:17:21,535 --> 00:17:28,616 And then you got Roger Ver, who became incredibly wealthy as a result of that and has been, 186 00:17:28,616 --> 00:17:33,195 you know, subsidizing Bitcoin Cash development all over the place. 187 00:17:33,195 --> 00:17:34,795 They have one podcast. 188 00:17:35,416 --> 00:17:37,236 They have a Bitcoin Cash podcast. 189 00:17:37,555 --> 00:17:39,055 They're always commenting on our posts. 190 00:17:39,055 --> 00:17:51,396 And I don't see the economic viability of Bitcoin Cash Jr. in this situation. 191 00:17:51,696 --> 00:17:57,835 You know, Luke, I don't think has that, unless Dorsey puts the funding behind, you know, the chain split. 192 00:17:57,976 --> 00:18:08,335 But it's kind of the same thing with, you know, Paul's e-cash fork, is I don't really see it getting a ton of economic viability. 193 00:18:08,335 --> 00:18:15,236 And so what I think will happen is these people will continue to be annoying for like a prolonged time. 194 00:18:15,416 --> 00:18:21,455 They'll come up with new crises, new solutions to try and fix Bitcoin or, you know, whatever. 195 00:18:21,695 --> 00:18:25,255 And people are like, oh, well, they, you know, they lost any credibility. 196 00:18:25,676 --> 00:18:27,595 Nobody's going to listen to them anymore. 197 00:18:27,775 --> 00:18:28,156 Whatever. 198 00:18:29,416 --> 00:18:30,335 I mean, look at Nick Carter. 199 00:18:30,755 --> 00:18:31,876 Nick Carter's still here. 200 00:18:32,815 --> 00:18:34,236 How long has he been annoying? 201 00:18:34,936 --> 00:18:35,335 You're right. 202 00:18:35,335 --> 00:18:43,416 And I mean, one of the Bit110ers, one of the Nazis himself is Arthur, Arthur Van something. 203 00:18:44,876 --> 00:19:04,423 Well some people know him talking but this guy dedicated his life to correcting the record and being a reply guy to BSV the Quinn Satoshi Vision People like years and years after B and BSV failed even after Craig Wright lost the lawsuit against Hottlenot and Peter McCormick 204 00:19:05,683 --> 00:19:08,203 Well, it's not going to look exactly the same. 205 00:19:08,283 --> 00:19:12,883 It's going to be a consolidation period because some of these guys are going to literally crash out. 206 00:19:12,883 --> 00:19:15,603 I mean, they truly believe this. 207 00:19:15,723 --> 00:19:18,223 And they're expecting to win. 208 00:19:18,463 --> 00:19:19,723 They think their node matters. 209 00:19:20,123 --> 00:19:20,903 They're going to find out. 210 00:19:21,403 --> 00:19:26,183 There's going to be like some time to be in denial, 211 00:19:26,683 --> 00:19:27,683 but they're going to crash out. 212 00:19:27,683 --> 00:19:31,663 A lot of them, they're going to, you know, they lost on, you know, 213 00:19:31,703 --> 00:19:34,523 they lose the prediction market. 214 00:19:34,923 --> 00:19:36,643 So they're going to be wiped out financially. 215 00:19:36,843 --> 00:19:38,023 And a lot of these guys are going to, 216 00:19:38,123 --> 00:19:43,543 they're going to have to liquidate their nodes to, you know, 217 00:19:43,543 --> 00:19:49,823 to pay back some debts to get their house for their family. 218 00:19:50,203 --> 00:19:52,403 Like, they're not going to come out on the other side of those successful. 219 00:19:52,603 --> 00:19:53,583 They're going to have to sell their nodes. 220 00:19:54,003 --> 00:19:55,923 So node prices are going to collapse, 221 00:19:56,063 --> 00:19:59,343 and there's going to be a new breed of people who come in and buy those nodes, 222 00:19:59,523 --> 00:20:04,483 and some of them might ease them and turn them into economic nodes, if possible. 223 00:20:05,003 --> 00:20:09,883 But some people are going to just disappear out of shade. 224 00:20:09,883 --> 00:20:15,363 they're not going to be able to uh they can't handle the you know being donked on for being 225 00:20:15,363 --> 00:20:21,503 wrong once it kind of becomes general consensus that they did it was it's over and someone are 226 00:20:21,503 --> 00:20:24,883 just going to like rebrand they're going to pit it they're going to delete they're going to new 227 00:20:24,883 --> 00:20:29,963 d accounts they're going to open new nim accounts and they're going to come back and just try to 228 00:20:29,963 --> 00:20:34,903 fit in it's you know starting from starting from zero they're going their social capital is 229 00:20:34,903 --> 00:20:39,683 completely wiped out they're going to have to build it back up but i you know it is people have 230 00:20:39,683 --> 00:20:45,863 lost or been suspended or deleted accounts and come back what the order of the phoenix multiple 231 00:20:45,863 --> 00:20:50,803 times it's not impossible if you if you know what you're doing uh but some of them are going to 232 00:20:50,803 --> 00:20:56,223 figure out what is the next long-term strategy how do we uh continue how do we keep this train 233 00:20:56,223 --> 00:21:01,883 going how do we keep being annoying and how do we keep crashing out about the threat of c-sam and 234 00:21:01,883 --> 00:21:07,263 spam and yada yada yada the fight will go on because plebs love to worry and there's never 235 00:21:07,263 --> 00:21:09,363 going to be a lack of things to worry about. 236 00:21:09,403 --> 00:21:15,583 Yeah, I mean, as I was listening to you talk about that, I'm wondering what percentage of 237 00:21:15,583 --> 00:21:22,743 the individuals engaged in all of this are trying to pull their own version of what Trace 238 00:21:22,743 --> 00:21:28,383 Mayer pulled, where they burn all their social capital and kind of disappear into the shadows 239 00:21:28,383 --> 00:21:29,103 for a little bit. 240 00:21:29,103 --> 00:21:29,343 Right. 241 00:21:29,503 --> 00:21:36,263 I mean, this is, for some, it's an exit strategy. 242 00:21:36,263 --> 00:21:49,083 It's a how do I credibly burn, you know, my online footprint, the algorithms, the Palantir, the paper trail that leads. 243 00:21:49,143 --> 00:21:55,203 How do I create a compelling enough narrative to why I disappear, right? 244 00:21:55,543 --> 00:22:01,743 So some of these guys are going to do like the Trace Mayer or just countless other Preston Pysh. 245 00:22:02,163 --> 00:22:04,463 Preston Pysh didn't get to go out on his own terms. 246 00:22:04,463 --> 00:22:05,643 he kind of got forced out. 247 00:22:06,283 --> 00:22:12,083 AI psychosis, some of these guys are kind of looking to do that, 248 00:22:12,443 --> 00:22:15,143 but, you know, a deliberate on-their-own-term style. 249 00:22:15,283 --> 00:22:16,443 Yeah, it'll be interesting to see. 250 00:22:18,343 --> 00:22:22,263 I mean, I wonder about Khmut sometimes. 251 00:22:24,523 --> 00:22:26,623 Khmut and Honol not specifically. 252 00:22:27,823 --> 00:22:29,743 If they're just pulling Trace Mayers. 253 00:22:30,243 --> 00:22:31,143 What about Adam Seneca? 254 00:22:31,303 --> 00:22:33,143 Do you think Adam Seneca's trying to pull a Trace Mayer? 255 00:22:34,463 --> 00:22:39,763 No, I don't think Adam Semeckis thought that far ahead, unfortunately. 256 00:22:39,983 --> 00:22:41,143 He's just caught up in the slump. 257 00:22:41,563 --> 00:22:41,803 Yeah. 258 00:22:44,623 --> 00:22:47,443 These guys that grow up in the Midwest, you know, 259 00:22:47,443 --> 00:22:53,723 they grow up and all they eat is corn their whole lives. 260 00:22:54,683 --> 00:22:55,603 Corn-fed plebs. 261 00:22:55,823 --> 00:22:57,123 Corn-fed plebs are... 262 00:22:57,123 --> 00:22:58,603 Don't want to mess with a corn-fed pleb. 263 00:22:58,963 --> 00:22:59,183 Yeah. 264 00:23:00,003 --> 00:23:03,443 I mean, you know, they're strong, but they're not known for... 265 00:23:03,443 --> 00:23:08,823 their their bitcoin technical expertise so to say like what we're that was the last time you listened 266 00:23:08,823 --> 00:23:14,143 to a pleb from the from the midwest for their game theory right you know what i mean 267 00:23:14,143 --> 00:23:25,563 yeah like yeah i mean you need like uh atv like bench pressed or like some strange thing or some 268 00:23:25,563 --> 00:23:30,863 some piece of heavy machinery if you're looking for some if you're looking for some homemade on 269 00:23:30,863 --> 00:23:38,423 kyc fireworks you go to the midwest yeah if you're looking for if you're an enterprise 270 00:23:38,423 --> 00:23:45,723 if you're an enterprise operation mining operation bitcoin payments operation and you need game you 271 00:23:45,723 --> 00:23:52,903 need like a game theory guru you down down the midwest you go to a synagogue or you know you 272 00:23:52,903 --> 00:23:58,363 find somebody who's Asian you know it's out of code you talk to them well isn't that so strange 273 00:23:58,363 --> 00:24:02,803 at Berkshire Hathaway, headquartered in Omaha, of all places. 274 00:24:05,503 --> 00:24:06,603 Warren Buffett, right? 275 00:24:06,743 --> 00:24:07,583 You know, Warren Buffett. 276 00:24:08,183 --> 00:24:11,263 But again, it's like how did, you know how Warren Buffett made his money? 277 00:24:11,563 --> 00:24:16,703 It's selling candy and insurance, you know, car insurance. 278 00:24:16,863 --> 00:24:23,403 Yeah, I mean, go to the Midwest if you want to see a guy deadlift 650 pounds 279 00:24:23,403 --> 00:24:29,703 and then springer himself with catch up and slide down a slip and slide down a grassy hill. 280 00:24:30,903 --> 00:24:32,123 Listening to Toby Keith. 281 00:24:32,383 --> 00:24:33,483 There's nothing wrong with that. 282 00:24:33,583 --> 00:24:34,883 It's all about trade-offs. 283 00:24:35,003 --> 00:24:35,623 You just have to know. 284 00:24:35,703 --> 00:24:36,783 You have to make the right trade-offs. 285 00:24:36,903 --> 00:24:42,583 So it seems like not going to know it is actually gaining some popularity. 286 00:24:43,503 --> 00:24:47,423 It seems like Mars is leading a movement and people are getting pretty upset at him. 287 00:24:47,423 --> 00:25:04,563 Well, it's with the consensus board disclosed by Dave and Pohn, it's hard to spin it as anything other than like knocking a note is the way to go. 288 00:25:04,563 --> 00:25:07,603 Because if you need to write a note and use it, you can't. 289 00:25:07,631 --> 00:25:13,571 have to switch to BIP 110 for whatever reason after the activation, that's a risk. 290 00:25:13,751 --> 00:25:16,531 Like that's your, you're potentially arming your, your business. 291 00:25:17,611 --> 00:25:24,111 If you, but if you just, if you don't have replay protection, you spend some coins, you 292 00:25:24,111 --> 00:25:25,111 might, you might lose. 293 00:25:25,111 --> 00:25:32,911 But if you just don't run a note and you leave your coins safely secured on Coinbase, Coinbase 294 00:25:32,911 --> 00:25:35,991 has people who will be able to navigate. 295 00:25:37,631 --> 00:25:39,231 The node risk, the chain split risk. 296 00:25:39,351 --> 00:25:41,131 It's right off you have to make is compliance, 297 00:25:41,431 --> 00:25:43,991 but I think we've learned by now 298 00:25:43,991 --> 00:25:50,591 that most Bitcoiners actually find comfort in compliance. 299 00:25:52,191 --> 00:25:54,451 Well, Professor Crotter was out there 300 00:25:54,451 --> 00:25:58,331 imploring Bitcoin exchanges 301 00:25:58,331 --> 00:26:00,731 to come out and support Bit110. 302 00:26:01,111 --> 00:26:03,931 He told all the exchanges he's willing to forgive them 303 00:26:03,931 --> 00:26:05,091 for their past shit coining. 304 00:26:05,251 --> 00:26:07,311 He told Corey he was willing to forgive them 305 00:26:07,311 --> 00:26:10,291 for all of Swan's XRP holdings. 306 00:26:10,571 --> 00:26:15,491 He flat out said that he would give unlimited glaze 307 00:26:15,491 --> 00:26:19,771 free of charge to any exchange operator, CEO, whatever, 308 00:26:20,471 --> 00:26:22,591 who came out and virtually signaled for a good one time. 309 00:26:22,591 --> 00:26:26,931 Like, fine, limited, on-the-house, pro-bono glaze. 310 00:26:27,031 --> 00:26:30,891 I guess there was no duration on how long he would do that, though. 311 00:26:33,031 --> 00:26:34,611 He said for years to come, 312 00:26:34,711 --> 00:26:36,291 Abson, I could have took him up on it right away. 313 00:26:37,311 --> 00:26:43,471 does that have a exchange well he said it he said that he doesn't he's like they talked about mana 314 00:26:43,471 --> 00:26:49,971 wallet and he immediately got a retweet and some really high glaze from from pressure cratter 315 00:26:49,971 --> 00:26:59,991 right after that cory did not respond cory typically jumps at opportunity to get some 316 00:26:59,991 --> 00:27:06,831 pre-glaze on the timeline he didn't he didn't i mean i think people even acknowledged in that 317 00:27:06,831 --> 00:27:16,131 thread that cory doesn't you know swan doesn't like run a node swan runs uh bico's node but 318 00:27:16,131 --> 00:27:22,271 well if there's one thing that we know about cory the one thing that he cares about above all is the 319 00:27:22,271 --> 00:27:30,231 opinions of the plebs right like plebs get mad at him he crashes out plebs you know start holding 320 00:27:30,231 --> 00:27:36,231 him accountable sometimes he likes to get litigious behind the scenes or threatened to be 321 00:27:36,231 --> 00:27:39,971 That's true. That's true. Corey likes to sue people. 322 00:27:41,791 --> 00:27:46,231 And I think that a lot of people just want to avoid... 323 00:27:47,071 --> 00:27:55,191 If you just bought five $1,000 stardine notes, you don't have enough money to afford a Jewish lawyer. 324 00:27:55,611 --> 00:27:59,931 What's your read on Need Creations? 325 00:27:59,931 --> 00:28:02,891 You think Need Creations saw the light? 326 00:28:02,891 --> 00:28:08,531 Do you think that he had a, you know, an epiphany, a plop-slop epiphany? 327 00:28:09,031 --> 00:28:12,631 He now kind of sees things through a clearer lens. 328 00:28:12,851 --> 00:28:16,311 Do you think that somebody caved him? 329 00:28:16,571 --> 00:28:20,991 Or do you think he saw an opportunity and he took it? 330 00:28:21,471 --> 00:28:21,971 What do you think? 331 00:28:22,011 --> 00:28:23,051 What's going on with Needs? 332 00:28:23,431 --> 00:28:25,711 But he has switched alliances. 333 00:28:26,351 --> 00:28:32,251 He is now, I wouldn't say he's pro-core, but he's definitely anti-depotent. 334 00:28:32,891 --> 00:28:35,531 I think he's trying to read the situation. 335 00:28:36,271 --> 00:28:41,951 And before I get into my theories, 336 00:28:42,351 --> 00:28:45,011 there's some theories going on in the timeline. 337 00:28:45,511 --> 00:28:50,051 Some people are accusing him of being paid off. 338 00:28:51,791 --> 00:28:52,231 He wishes. 339 00:28:53,711 --> 00:28:54,591 What's that? 340 00:28:55,931 --> 00:28:57,271 I said he wishes. 341 00:28:57,271 --> 00:29:00,271 I think that's... 342 00:29:00,271 --> 00:29:07,331 He's always soliciting for donations or contributions. 343 00:29:09,431 --> 00:29:30,051 Well, this is one of the things that I find confusing generally about, you know, the argument from the Nazis is that, like, they're trying to frame it as, like, there's this big Bitcoin conglomerate, essentially, or the Bitcoin core industrial complex, right? 344 00:29:30,271 --> 00:29:34,811 so like these developers are funded by like a handful of companies that none of these companies 345 00:29:34,811 --> 00:29:44,151 fund any of the podcasters so big bitcoin is like you know big pharma big defense now we got a big 346 00:29:44,151 --> 00:29:52,551 bitcoin so it's like there is like who's i know i you know obviously sailor counts as big bitcoin 347 00:29:52,551 --> 00:29:58,611 well he's he's big paper bitcoin he's in a completely different league but yeah but what's 348 00:29:58,611 --> 00:30:05,331 big bitcoin like how who do who are the faces of big bitcoin because i think we need to i think we 349 00:30:05,331 --> 00:30:10,911 need to i'm not saying we need to but i think it's important that we figure out who big bitcoin is 350 00:30:10,911 --> 00:30:17,731 who they figure out who big bitcoin is so we can i i disagree like the the reason why this 351 00:30:17,731 --> 00:30:24,211 these terms work is because there is no face of it it's a invisible enemy it's like you know 352 00:30:24,211 --> 00:30:25,851 COVID was an invisible enemy. 353 00:30:26,411 --> 00:30:28,171 The climate change is an invisible enemy. 354 00:30:28,471 --> 00:30:33,471 Like, all these extremism, political extremism is an invisible enemy. 355 00:30:33,751 --> 00:30:35,391 Terrorism is an invisible enemy. 356 00:30:36,211 --> 00:30:40,211 It's just like this lurking enemy behind the shadows. 357 00:30:40,691 --> 00:30:48,211 And it's like when Pub Cruise calls somebody, you know, yells about the Fabians. 358 00:30:48,471 --> 00:30:49,991 It's an invisible enemy. 359 00:30:51,011 --> 00:30:52,071 They're out there. 360 00:30:52,071 --> 00:31:02,551 I know, but I'm trying to, I want to make the quote-unquote enemy visible, even if it's just to troll them because, you know, nobody wants to be the face of Big Bitcoin. 361 00:31:02,551 --> 00:31:11,651 Well, I think it's the podcast for horsemen, essentially, but they're selectively choosing which horsemen to target. 362 00:31:11,811 --> 00:31:15,791 They're not going to go after Jack Mallers in this situation, even though he's a part of Big Bitcoin. 363 00:31:16,951 --> 00:31:17,931 Or Jack Dorsey. 364 00:31:18,451 --> 00:31:34,792 Oh no they won touch Jack Dorsey in this situation Jack Dorsey is like yeah I mean he be the king of big bitcoin well i i i asked these justin betzler is not afraid to name names and if there anybody 365 00:31:34,792 --> 00:31:41,112 there's any two people that justin betzler is not impressed with and who likes to call out on 366 00:31:41,112 --> 00:31:46,172 a regular basis it's who we just talked about is jack mallars and jack dorsey matt o'dell is another 367 00:31:46,172 --> 00:31:53,612 one and sailor those are the those are bachelor's big bitcoin podcom for orspin right there i would 368 00:31:53,612 --> 00:32:01,012 say maybe stephano vera is close up there too david bailey david day yeah of course like so like 369 00:32:01,012 --> 00:32:08,292 these some of these guys definitely have faces that they i mean i mean what does just a bachelor 370 00:32:08,292 --> 00:32:14,392 do right he posts a picture of all the faces walker's face jameson lop's face uh stephano 371 00:32:14,392 --> 00:32:21,012 barrett he's like he calls him the shady bunch you know and it he he demones their hubris 372 00:32:21,012 --> 00:32:26,452 he loves to he loves to face he loves to post the faces yeah i mean i guess big bitcoin is just 373 00:32:26,452 --> 00:32:33,932 like an alternative term to try to find what podconf is there you go i mean it sounds it 374 00:32:33,932 --> 00:32:39,752 they it's just trying to reinvent the wheel essentially well what they're trying to do is 375 00:32:39,752 --> 00:32:56,392 Instead of doing any sort of real investigative journalism, they're just trying to transfer, they're trying to transplant Plob Slav from the fiat world into the Bitcoin world. 376 00:32:56,492 --> 00:33:00,092 So they're just picking populist Plob Slav talking point. 377 00:33:00,352 --> 00:33:01,712 It's like they're going down the list. 378 00:33:01,932 --> 00:33:04,552 They're listening to all the stuff Bernie Sanders is saying. 379 00:33:04,552 --> 00:33:07,092 and they're like how can we 380 00:33:07,092 --> 00:33:09,412 go in the chat GPT and they're like 381 00:33:09,412 --> 00:33:11,752 how can we put a Bitcoin Plex live spin on this 382 00:33:11,752 --> 00:33:15,812 oh we have to stop big Bitcoin 383 00:33:15,812 --> 00:33:17,832 that's the solution stop big Bitcoin 384 00:33:17,832 --> 00:33:19,872 the Fabians 385 00:33:19,872 --> 00:33:21,152 they're pooping on our note 386 00:33:21,152 --> 00:33:22,112 how do they 387 00:33:22,112 --> 00:33:25,012 where do they get the energy 388 00:33:25,012 --> 00:33:27,992 to continue this unwinnable fight 389 00:33:27,992 --> 00:33:29,612 against this 390 00:33:29,612 --> 00:33:31,072 amorphous ambiguous 391 00:33:31,072 --> 00:33:33,652 overpowering force that 392 00:33:34,552 --> 00:33:37,952 It's like the head of hydrant, man, or whose head you cut off. 393 00:33:39,112 --> 00:33:40,672 One sprouts up behind it. 394 00:33:41,892 --> 00:33:44,472 Well, I mean, have you ever been sexually frustrated? 395 00:33:45,632 --> 00:33:48,652 You know how much energy you have when you're sexually frustrated? 396 00:33:51,392 --> 00:33:55,112 My most sexually frustrated days were my teenage years, 397 00:33:55,292 --> 00:33:58,372 and I had lots of energy because I was young. 398 00:33:58,952 --> 00:34:01,472 I was, you know, before there were broccoli haircuts, 399 00:34:01,532 --> 00:34:03,472 there were bowl haircuts, and I had a bowl haircut. 400 00:34:03,472 --> 00:34:06,552 and I had tons of energy and I was sexually frustrated. 401 00:34:06,892 --> 00:34:10,352 Most of these guys are boomers and these. 402 00:34:10,472 --> 00:34:13,772 So the only thing I'm thinking is most boomers are tired. 403 00:34:13,872 --> 00:34:14,512 I think about it. 404 00:34:15,932 --> 00:34:18,112 My boomer dad falls asleep on the couch, 405 00:34:18,172 --> 00:34:21,812 listening to pleb slops, snores in his lazy tree, his lazy boy. 406 00:34:21,812 --> 00:34:27,812 He doesn't have time to battle alongside a stoned Adam's mind tomber 407 00:34:27,812 --> 00:34:31,152 against big Bitcoin every day on the timeline in spaces. 408 00:34:31,952 --> 00:34:35,352 So I guess my question, I'll reframe my question. 409 00:34:37,412 --> 00:34:38,752 Is it the peptides? 410 00:34:38,912 --> 00:34:40,272 Are these guys on peptides? 411 00:34:40,332 --> 00:34:41,912 Is that where they're getting the energy for this? 412 00:34:42,752 --> 00:34:45,172 I don't think they can afford peptides largely. 413 00:34:45,632 --> 00:34:48,552 Maybe a small portion of them. 414 00:34:48,552 --> 00:34:53,632 But I mean, you look at a lot of these plebs that are very passionate about this, 415 00:34:53,692 --> 00:34:55,652 and they're pretty flabby. 416 00:34:56,352 --> 00:34:57,092 You know what I mean? 417 00:34:57,132 --> 00:34:58,972 They're not spending a whole lot of time in the gym. 418 00:34:58,972 --> 00:35:04,692 because i think if they spent more time in the gym they wouldn't be so frustrated either 419 00:35:04,692 --> 00:35:06,912 more time in the gym less time on spaces 420 00:35:06,912 --> 00:35:13,752 more time in the gym is listening to podcasts instead of arguing about shit you don't understand 421 00:35:13,752 --> 00:35:19,452 yeah i mean i don't know it's like going to space is kind of like going to the ymca 422 00:35:19,452 --> 00:35:21,232 men's locker you know what i mean 423 00:35:21,232 --> 00:35:28,632 but based on spaces the boomers are naked at least you don't know 424 00:35:29,112 --> 00:35:30,112 At least you can't see it. 425 00:35:30,232 --> 00:35:31,912 Well, I would just assume they are. 426 00:35:32,172 --> 00:35:35,172 You think that Puncher, Pleb Cruz, 427 00:35:35,692 --> 00:35:37,912 I guess Pleb Cruz isn't really on there. 428 00:35:37,992 --> 00:35:40,632 You know Tomer's sitting there naked when he's on spaces, right? 429 00:35:40,652 --> 00:35:42,452 Darkseid, Tomer. 430 00:35:42,572 --> 00:35:44,012 I mean, yeah, well, Tomer for sure. 431 00:35:44,852 --> 00:35:49,732 But, like, Darkseid, Puncher, Fred Kruger, Gary Cardone, 432 00:35:49,732 --> 00:35:50,972 you're saying they're all naked. 433 00:35:51,992 --> 00:35:55,752 Gary Cardone's probably in a suit, but the rest of them, yeah, probably naked. 434 00:35:55,912 --> 00:35:56,732 I mean, that's why Gary Cardone— 435 00:35:56,732 --> 00:35:57,732 Well, that's why they— 436 00:35:57,732 --> 00:35:59,172 he went in there 437 00:35:59,172 --> 00:35:59,612 I think that's why 438 00:35:59,612 --> 00:36:00,652 they don't like Joe Carlin's 439 00:36:00,652 --> 00:36:00,812 sorry 440 00:36:00,812 --> 00:36:01,852 where's the spaces on 441 00:36:01,852 --> 00:36:02,612 where's the soup 442 00:36:02,612 --> 00:36:03,372 to go in spaces 443 00:36:03,372 --> 00:36:05,852 well Gary Cardone 444 00:36:05,852 --> 00:36:07,692 walked in there 445 00:36:07,692 --> 00:36:08,172 and was like 446 00:36:08,172 --> 00:36:09,012 hey you guys need to 447 00:36:09,012 --> 00:36:09,852 start acting like 448 00:36:09,852 --> 00:36:11,072 a bunch of adults 449 00:36:11,072 --> 00:36:12,232 and just like 450 00:36:12,232 --> 00:36:13,552 sitting there naked 451 00:36:13,552 --> 00:36:14,432 yelling about poop 452 00:36:14,432 --> 00:36:15,312 on each other's nose 453 00:36:15,312 --> 00:36:15,772 all day 454 00:36:15,772 --> 00:36:16,272 it's just 455 00:36:16,272 --> 00:36:18,172 what are you guys doing 456 00:36:18,172 --> 00:36:19,232 like how are you 457 00:36:19,232 --> 00:36:19,972 trying to actually 458 00:36:19,972 --> 00:36:20,832 do anything productive 459 00:36:20,832 --> 00:36:21,612 by doing that 460 00:36:21,612 --> 00:36:24,332 I don't know 461 00:36:24,332 --> 00:36:24,812 how to prove it 462 00:36:24,812 --> 00:36:25,252 but I bet you 463 00:36:25,252 --> 00:36:25,952 Nancy Cratter 464 00:36:25,952 --> 00:36:26,712 has done 465 00:36:27,732 --> 00:36:30,012 Dying episode of Bitcoin University, Aiken. 466 00:36:31,592 --> 00:36:34,812 I can tell you, our listeners know this. 467 00:36:34,872 --> 00:36:36,712 We've never done this podcast naked. 468 00:36:37,672 --> 00:36:37,932 No. 469 00:36:38,492 --> 00:36:38,892 No, you don't. 470 00:36:39,152 --> 00:36:42,232 You respect the medium. 471 00:36:42,972 --> 00:36:44,052 Too much for that. 472 00:36:44,172 --> 00:36:49,372 So it's really coming down to, did the nodes matter? 473 00:36:49,372 --> 00:36:54,692 And as a show of force, a few weeks before mandatory signaling, 474 00:36:54,852 --> 00:36:57,552 the platters have ruled out the mother of all nodes, 475 00:36:57,732 --> 00:37:00,932 It's the largest non-economic note ever built. 476 00:37:01,652 --> 00:37:06,832 This thing can, I mean, this thing can store spam for a thousand years. 477 00:37:07,252 --> 00:37:12,012 It's, it's on, like, it's straight up hooked up to Starlink fiber. 478 00:37:12,012 --> 00:37:18,892 Like, this thing is virtue signaling with zero latency, 24-7, for BIP-110. 479 00:37:20,772 --> 00:37:25,992 But, you know, it's, it's kind of like the war with Iran. 480 00:37:25,992 --> 00:37:31,192 The plebs have all the nodes. The plebs have the biggest, most expensive nodes. 481 00:37:31,192 --> 00:37:35,992 The US has the biggest, most expensive military equipment. It doesn't seem to be working against 482 00:37:35,992 --> 00:37:49,673 Iran Iran seems to be firing on all cylinders They got drones and missiles for days They taking out bases all over the Middle East Maybe it not about notes or it not what we thought about notes 483 00:37:49,913 --> 00:37:50,393 You know what I mean? 484 00:37:50,513 --> 00:37:54,593 Like, the plebslot fairy tale about the node runner, 485 00:37:54,993 --> 00:37:57,213 we've talked about this a little bit before. 486 00:37:58,533 --> 00:38:01,673 We've got to get past that. 487 00:38:01,753 --> 00:38:04,453 Do you know where they deployed this mother of all nodes? 488 00:38:04,453 --> 00:38:07,113 I don't know the geographic location. 489 00:38:08,493 --> 00:38:13,053 I wonder how much electricity it used, like how many bin axes it was worth. 490 00:38:13,133 --> 00:38:21,433 If I had to guess, they probably deployed the mother of all nodes somewhere in the Midwest or Colorado in the mountains. 491 00:38:21,853 --> 00:38:25,713 I mean, they got protected from Fabians, right? 492 00:38:25,713 --> 00:38:33,713 It's got to be like, if the Fabians pooped on the mother of all nodes, that would be devastating for them. 493 00:38:34,453 --> 00:38:37,733 So I'm sure it's like, you know, like Fort Knox type protection. 494 00:38:38,613 --> 00:38:45,313 You got like, you know, sounds scary, but plebs with automatic weapons surrounding this thing, defending it. 495 00:38:45,313 --> 00:38:46,113 Yeah. 496 00:38:46,973 --> 00:39:01,453 I've just been somewhat surprised, you know, throughout all of this, that the Ben-X camp has not been very supportive of the BIP-110 crew. 497 00:39:01,453 --> 00:39:08,213 because you know up until this point i mean i guess different like trinket there's trinket 498 00:39:08,213 --> 00:39:16,313 tribalism so to say uh where you know different trinket like you've got the mdk 499 00:39:16,313 --> 00:39:23,333 trinket people the cold card people fighting with the seed signer people fighting with the 500 00:39:23,333 --> 00:39:29,073 tracer people fighting i don't really know if there's ledger people anymore but you know maybe 501 00:39:29,073 --> 00:39:35,633 there are fighting with the bid box people you get the the various bid axe factions you get the 502 00:39:35,633 --> 00:39:41,713 different node implementation people the umbrill versus start nine but they seem to be a little bit 503 00:39:41,713 --> 00:39:47,853 more friendly these days my node used to be very popular i don't know if they're still around 504 00:39:47,853 --> 00:39:54,313 but it seems like you know the bid the bid axers have kind of taken offense 505 00:39:54,313 --> 00:40:02,473 to the node runners because they they have acted with so much entitlement negating any value that 506 00:40:02,473 --> 00:40:11,073 miners provide the bitcoin ecosystem and i think you know the node the the bid axers feel massively 507 00:40:11,073 --> 00:40:19,033 slighted so i wonder if we could see in the next few weeks that they deploy a really big bid axe 508 00:40:19,033 --> 00:40:21,633 next to the mother of all nodes. 509 00:40:26,313 --> 00:40:30,773 It's curious because you would think 510 00:40:30,773 --> 00:40:34,673 if you were leading one of these pleb revolts, 511 00:40:35,033 --> 00:40:38,073 the very first thing that you would do 512 00:40:38,073 --> 00:40:42,173 would get the buy-in of the bid-out fryers. 513 00:40:42,613 --> 00:40:44,393 You're going to need all the hash you can get 514 00:40:44,393 --> 00:40:48,033 with these nodes, with this type of... 515 00:40:48,033 --> 00:41:00,333 You know, it just really goes to illustrate how unseriously this whole campaign has been. 516 00:41:00,333 --> 00:41:08,713 They didn't even take the time to get the Bidaxx run, the Bidaxx plebs on board. 517 00:41:09,213 --> 00:41:10,273 They went straight. 518 00:41:10,833 --> 00:41:12,633 They went straight a sailor. 519 00:41:12,753 --> 00:41:17,073 They went straight a sailor and Lin Alden and tried to throw a knockout punch. 520 00:41:17,073 --> 00:41:18,693 and they missed. 521 00:41:19,033 --> 00:41:20,153 And they don't have, 522 00:41:20,513 --> 00:41:22,133 they just don't have the numbers. 523 00:41:22,313 --> 00:41:23,653 They don't have the hash behind 524 00:41:23,653 --> 00:41:25,913 and they didn't even seem to try. 525 00:41:27,853 --> 00:41:29,053 Well, I think there's just been 526 00:41:29,053 --> 00:41:30,733 a misinterpretation of what 527 00:41:30,733 --> 00:41:33,113 the stated goals of the entire 528 00:41:33,113 --> 00:41:36,073 movement has been, 529 00:41:36,193 --> 00:41:37,853 including amongst many 530 00:41:37,853 --> 00:41:40,073 of the participants of it, 531 00:41:40,173 --> 00:41:41,693 is they think it's actually 532 00:41:41,693 --> 00:41:43,353 a technical discussion 533 00:41:43,353 --> 00:41:46,453 about Bitcoin development, 534 00:41:46,453 --> 00:41:52,613 but in many ways it is a political statement more than anything. 535 00:41:52,773 --> 00:41:58,393 It's like when the Libertarians run any candidate in any election, 536 00:41:58,993 --> 00:42:02,433 they're not trying to win because they don't win. 537 00:42:03,013 --> 00:42:04,833 And yet the party still continues, right? 538 00:42:05,053 --> 00:42:08,273 So they know from the offset the goal isn't to win, 539 00:42:08,413 --> 00:42:11,853 that it's not really realistic that they're going to win. 540 00:42:11,853 --> 00:42:15,914 But they, they, at the, at the same time, they, they pretend like, you know, the, the 541 00:42:15,914 --> 00:42:21,473 libertarian presidential candidate will talk about, you know, the future as if they're 542 00:42:21,473 --> 00:42:22,513 actually getting elected. 543 00:42:22,513 --> 00:42:26,293 You know, they, they do that because they have to rile up the base, you know, cause 544 00:42:26,293 --> 00:42:33,713 there's a bunch of dumb plebs that they find a, a greater sucker to come in after them. 545 00:42:33,713 --> 00:42:40,213 And they, um, convince him to join the movement and, uh, 546 00:42:41,853 --> 00:42:50,933 You know, then afterwards when they lose, they say that the goal, the stated goal the whole time is to educate other dumb plebs about a topic, right? 547 00:42:50,973 --> 00:42:52,154 About the topic of freedom. 548 00:42:52,154 --> 00:43:02,613 It's like this is why Ron Paul was so popular because he educated so many dumb plebs about, like, why Texas shouldn't have staffed and why you should audit the Fed, you know. 549 00:43:03,253 --> 00:43:04,753 Despite neither of those things happen. 550 00:43:05,033 --> 00:43:10,154 And so, like, in this case, like, you know, what have been the actual goals of this? 551 00:43:10,154 --> 00:43:20,034 this well it's uh it it's to fund like the the stated goals of bit 110 is to fund it's to convince 552 00:43:20,034 --> 00:43:28,573 people that that bitcoin is for storing c sam it's uh to convince people that uh the core devs 553 00:43:28,573 --> 00:43:33,894 you know they don't do anything all day except for like have sex and that they shouldn't have 554 00:43:33,894 --> 00:43:43,414 sex is to convince people you know optically that you know podcasters aren't important in the 555 00:43:43,414 --> 00:43:49,973 ecosystem is to convince them that minors aren't important that that plug notes matter that you 556 00:43:49,973 --> 00:44:04,835 know you know funds funds just love to worry they clubs are worry works and they don care about the truth They just want to worry about things and they want you to be worried too Nothing makes these guys chimp out 557 00:44:04,835 --> 00:44:12,475 harder than you not being worried. You have to be worried. You have to be worried about the same 558 00:44:12,475 --> 00:44:20,755 things and you have to be worried about fixing these problems with these worried blood-slop 559 00:44:20,755 --> 00:44:26,935 solutions and anything that gives them the opportunity to worry they're going to value 560 00:44:26,935 --> 00:44:31,475 over the truth and if you die if the truth is that you shouldn't have to be worried 561 00:44:31,475 --> 00:44:39,135 they're not going to accept it i don't know should should plums be allowed to even be a part of the 562 00:44:39,135 --> 00:44:47,695 discussion that's where i'm kind of wondering in the midst of all this like some serious 563 00:44:47,695 --> 00:44:53,455 interventions need to be ran they certainly they certainly haven't provided enough value 564 00:44:53,455 --> 00:45:02,535 to justify being a part of the conversation well i guess the last topic we're going to discuss 565 00:45:02,535 --> 00:45:08,855 tonight is seems like the war is getting intense again have you been monitoring the situation are 566 00:45:08,855 --> 00:45:17,655 you uh too focused on i've been monitoring a little bit but just keeping in just 567 00:45:17,655 --> 00:45:25,755 keeping tabs on things um so that uh i can make good decisions and good purchases on prediction 568 00:45:25,755 --> 00:45:35,955 markets um well yeah yeah it looks like it's it seems like the the fourth of july ceasefire 569 00:45:35,955 --> 00:45:44,335 uh was served multiple purposes it uh it died things down so that there wasn't that you know 570 00:45:44,335 --> 00:45:54,995 Trump didn't have to get Congress to declare war because the war, you know, ended after 60 or so many days, whatever, is in the resolution. 571 00:45:54,995 --> 00:46:02,355 It also allowed him to have UFC and like the 4th of July party and for him to get glazed without people talking about the war. 572 00:46:02,515 --> 00:46:05,915 But now it's back and it's really spiraled out of control. 573 00:46:05,915 --> 00:46:12,655 um things like they've been bombing the hell out of like jordan air bases and kuwait and bahrain 574 00:46:12,655 --> 00:46:18,755 saudi arabia the houthis are acting up u.s service members have been killed in recent bombings um 575 00:46:18,755 --> 00:46:24,135 it it's gonna be difficult they big close up straight or music and it's gonna be difficult to 576 00:46:24,135 --> 00:46:33,375 you know dial this one back down um but you know about to say that trump well everybody says that 577 00:46:33,375 --> 00:46:35,575 It's a talk that, you know, nobody can get us out of this. 578 00:46:36,075 --> 00:46:40,055 Trump seems to figure out some way to convince people that there is. 579 00:46:40,315 --> 00:46:41,375 So I don't know. 580 00:46:41,915 --> 00:46:48,515 But it's kind of early, and I think time will tell because the economy right now is fine. 581 00:46:48,795 --> 00:46:52,195 But, you know, who knows if it'll be fine tomorrow. 582 00:46:52,775 --> 00:46:57,015 And the midterms are coming up, so anything can happen. 583 00:46:57,015 --> 00:47:03,775 well i think once what it's never been a time better time for central planning when it comes 584 00:47:03,775 --> 00:47:09,575 to economics it's uh you know this is like one of the things the austrian economists never 585 00:47:09,575 --> 00:47:20,575 really predicted was what would happen when uh humans got access to chat gpt and clod 586 00:47:20,575 --> 00:47:27,215 uh you know because like there's all this economic theory about like how things are too complicated 587 00:47:27,215 --> 00:47:33,375 for like any one uh person to know like you know when you're in school you have to read that uh 588 00:47:34,595 --> 00:47:40,115 essay called i pencil or whatever about the pencil shop you know i'm talking about 589 00:47:40,115 --> 00:47:48,435 explaining the complexity of the economy right yeah right but now you can just like 590 00:47:48,435 --> 00:47:53,235 every week there's a new model that comes out that's more powerful than the last. 591 00:47:53,235 --> 00:48:00,115 And so, you know, each new model becomes more astute at making plans 592 00:48:00,115 --> 00:48:02,795 over centrally controlling the economy. 593 00:48:05,915 --> 00:48:11,735 And so, like, if anything, like, there's even less reason to worry about the economy now. 594 00:48:14,755 --> 00:48:17,355 Well, like I said, clients love to worry. 595 00:48:17,355 --> 00:48:20,115 so if people start monitoring the situation again 596 00:48:20,115 --> 00:48:22,175 they're going to get worried about the economy 597 00:48:22,175 --> 00:48:24,275 and it doesn't matter if 598 00:48:24,275 --> 00:48:25,735 you need to worry about the economy 599 00:48:25,735 --> 00:48:27,795 the fact that people are worrying about it 600 00:48:27,795 --> 00:48:29,195 affects politics 601 00:48:29,195 --> 00:48:31,455 and it gives politicians the ability 602 00:48:31,455 --> 00:48:33,955 to pass more regulatory clarity 603 00:48:33,955 --> 00:48:35,795 well you know 604 00:48:35,795 --> 00:48:37,515 if the plans want to feel better 605 00:48:37,515 --> 00:48:38,735 what they should go do is 606 00:48:38,735 --> 00:48:39,655 they should go on Twitter 607 00:48:39,655 --> 00:48:40,635 and they should ask Grog 608 00:48:40,635 --> 00:48:42,275 how to make the Bitcoin price go up 609 00:48:42,275 --> 00:48:45,275 yeah 610 00:48:45,275 --> 00:48:49,495 I'll give him some tangible activities 611 00:48:49,495 --> 00:48:50,615 to feel better 612 00:48:50,615 --> 00:48:53,775 you got any 613 00:48:53,775 --> 00:48:55,615 closing thoughts before 614 00:48:55,615 --> 00:48:57,575 rolling to these founding booths 615 00:48:57,575 --> 00:48:59,935 no 616 00:48:59,935 --> 00:49:01,475 no I think that 617 00:49:01,475 --> 00:49:02,275 it's been 618 00:49:02,275 --> 00:49:04,575 looking forward to the 619 00:49:04,575 --> 00:49:07,615 waiting for the next few weeks 620 00:49:07,615 --> 00:49:08,315 I'll tell you that 621 00:49:08,315 --> 00:49:10,835 oh it's going to be fun 622 00:49:13,835 --> 00:49:14,875 first boost 623 00:49:15,275 --> 00:49:22,275 late stage honol finally got one in before the buzzer uh six thousand success says in early so 624 00:49:22,275 --> 00:49:27,695 y'all actually read next week wasn't my fault found locked me out of my wallet for a few weeks 625 00:49:27,695 --> 00:49:34,095 shit emoji well uh congratulations uh on the end of the lockout we missed you 626 00:49:34,095 --> 00:49:37,655 just in time for like satoshi 627 00:49:37,655 --> 00:49:42,055 Akashi Hayogo, 5,000 saps. 628 00:49:42,895 --> 00:49:45,255 Bit.1 tanker out should go back to university, 629 00:49:45,395 --> 00:49:47,255 but this time it should be Austrian economics, 630 00:49:47,475 --> 00:49:48,695 not trader university. 631 00:49:50,835 --> 00:49:55,835 All I will say to that one is Austrian economics 632 00:49:55,835 --> 00:49:59,835 would be a better use of their time, 633 00:49:59,975 --> 00:50:01,015 the Bitcoin university. 634 00:50:01,015 --> 00:50:03,955 Although if you've ever met Kansa, 635 00:50:04,635 --> 00:50:06,975 I don't know, maybe, 636 00:50:06,975 --> 00:50:08,675 maybe he's the exception. 637 00:50:08,835 --> 00:50:09,255 I don't know. 638 00:50:10,755 --> 00:50:12,715 Not all professors are the same. 639 00:50:12,715 --> 00:50:12,915 Yeah. 640 00:50:13,375 --> 00:50:14,755 Not all professors are the same. 641 00:50:15,236 --> 00:50:16,196 Yeah. 642 00:50:18,376 --> 00:50:21,976 Like the knockout Meadow Institute might be a better resource, 643 00:50:22,156 --> 00:50:24,856 or the Mises Institute gets some Austrian schooling. 644 00:50:27,116 --> 00:50:29,336 Orange Mark, 5,000 sats is absolute banger. 645 00:50:29,476 --> 00:50:33,616 Take the trash out belongs on every Bitcoin playlist. 646 00:50:34,076 --> 00:50:39,376 And then I think did a clip of the song. 647 00:50:41,776 --> 00:50:42,896 Thank you, Orange Mark. 648 00:50:45,236 --> 00:50:47,736 Come on, Fallon. 649 00:50:47,936 --> 00:50:48,216 Look. 650 00:51:01,656 --> 00:51:05,116 4,444 sounds from Sasha. 651 00:51:05,376 --> 00:51:06,096 Sasha Hodder. 652 00:51:06,496 --> 00:51:08,096 I'm watching Pleb's crew's belly. 653 00:51:08,276 --> 00:51:11,616 I'm watching Pleb Crew's belly get larger too. 654 00:51:12,036 --> 00:51:12,356 LOL. 655 00:51:12,596 --> 00:51:13,096 Great show. 656 00:51:13,976 --> 00:51:14,936 Hard not to see. 657 00:51:14,936 --> 00:51:17,236 Hard not to notice that belly of the gross. 658 00:51:20,976 --> 00:51:23,656 Be kind of fun to sit with him and eat donuts, though. 659 00:51:25,016 --> 00:51:28,996 Sir Spencer, Wolf of KC, 3,333 sass, says, 660 00:51:29,116 --> 00:51:31,416 You're countering the kayfabe on Twitter. 661 00:51:31,576 --> 00:51:34,336 It has been nothing short of inspirational these past few weeks. 662 00:51:34,596 --> 00:51:35,236 Cheers, fellas. 663 00:51:38,256 --> 00:51:42,116 Sir Spencer, the host of the Bull After Bull podcast, 664 00:51:42,116 --> 00:51:43,716 thank you for listening. 665 00:51:44,936 --> 00:51:53,136 yeah it's important it's important yeah you called it countering i think you know that's 666 00:51:53,136 --> 00:52:09,233 a good wrestling term um they just there just needs to be a mirror the face and the heels just gotta we gotta reflect the kayfabe back at them shadrack 939 saps mile high boost if i don make it please bury me with the podcast 667 00:52:09,233 --> 00:52:14,313 headphones pack and mountain kyc cigarettes my bugle lighter hashtag 40 hours per week 668 00:52:14,313 --> 00:52:21,593 amen shatter i got some good just a good rambling cry i went i went on a podcast with uh rayo and 669 00:52:21,593 --> 00:52:29,893 shadrack last night and uh i think a shock them by uh coming out as a uh neocon i was just kind 670 00:52:29,893 --> 00:52:34,273 of in the mood last night to be a neocon interview i'm not actually a neocon but they they were 671 00:52:34,273 --> 00:52:39,653 pretty dumbfounded to know what to say so i just talked about how great toby keith is and 672 00:52:39,653 --> 00:52:42,993 yeah it was fun 673 00:52:42,993 --> 00:52:54,393 nost gang 101 sat says ty well uh yw nostrigay 674 00:52:54,393 --> 00:53:05,553 btc on board when under saps thumbs up salute laugh emoji thank you btc on board 675 00:53:05,553 --> 00:53:13,633 well you got uh any final thoughts before we wrap this one up rob keep caught in the case 676 00:53:13,633 --> 00:53:19,473 folks like satoshi's right around the corner i hope to see you there and uh 677 00:53:20,613 --> 00:53:25,233 look out for the value for value chicago event happening september 678 00:53:25,233 --> 00:53:30,993 some point uh done by the chicago bitcoin collective 679 00:53:30,993 --> 00:53:38,613 but you've just listened to the most thermodynamically sound podcast in the world 680 00:53:38,613 --> 00:53:51,229 this is the bugle weekly and we catch you next week Whoa whoa whoa whoa whoa whoa Whoa whoa whoa whoa whoa whoa whoa whoa 681 00:54:09,829 --> 00:54:16,829 stars above the universe don't keep receipts it don't grade us on our love 682 00:54:20,829 --> 00:54:26,829 so if none of this is written down if we're dust beneath the weather 683 00:54:26,829 --> 00:54:31,829 pleb knows don't matter that's what they all say 684 00:54:31,829 --> 00:54:35,829 we're pebbles in a river getting carried anyway 685 00:54:35,829 --> 00:54:41,089 But if nothing lasts forever, then let me have tonight 686 00:54:41,089 --> 00:54:46,909 I'll shake my fist at heaven, even if heaven's right 687 00:54:46,909 --> 00:54:53,969 My neighbor says just let it go, he's probably not mistaken 688 00:54:53,969 --> 00:54:58,849 Still I keep another match, the bridge is already breaking 689 00:54:58,849 --> 00:55:03,709 The mountains never learned my name, the oceans never cared 690 00:55:03,709 --> 00:55:09,069 Still I sing a little louder like somebody might be there 691 00:55:09,069 --> 00:55:14,589 Maybe all we're really owed is one good reason to keep singing 692 00:55:14,589 --> 00:55:19,129 Pleb knows no matter, that's what they all say 693 00:55:19,129 --> 00:55:24,089 We're footprints in December, gone by the month of May 694 00:55:24,089 --> 00:55:35,386 But if we just a whisper then let me waste my breath I rather lose spectacularly than knock my head to death Oh it funny 695 00:55:35,386 --> 00:55:43,106 Knowing you're a grain of sand can make you want to start a landslide 696 00:55:43,106 --> 00:55:49,906 Knowing you're a drop of rain can make you dream of flooding coastlines 697 00:55:51,346 --> 00:55:53,746 Maybe that's the joke of it 698 00:55:53,746 --> 00:55:58,646 Tiny hearts, enormous storms were too small to move the planets 699 00:55:58,646 --> 00:56:02,266 Big enough to break our own 700 00:56:02,266 --> 00:56:10,906 The player who knows don't matter, maybe that's the truth 701 00:56:10,906 --> 00:56:16,106 The stars won't miss our arguing, the sky won't need the proof 702 00:56:16,106 --> 00:56:21,226 Still pass around the bottle, still light another fire 703 00:56:21,226 --> 00:56:23,846 If we're echoes in the canyon 704 00:56:23,846 --> 00:56:26,466 Let's sing a little higher 705 00:56:26,466 --> 00:56:29,046 Plymnos don't matter 706 00:56:29,046 --> 00:56:31,506 But neither do these tears 707 00:56:31,506 --> 00:56:34,306 So here's to all the little fools 708 00:56:34,306 --> 00:56:36,466 Who shout into the ears 709 00:56:36,466 --> 00:56:39,026 The wind won't take our side 710 00:56:39,026 --> 00:56:41,546 The dawn won't know our names 711 00:56:41,546 --> 00:56:44,266 But until the silence finds us 712 00:56:44,266 --> 00:56:49,646 We'll laugh and lose in games 713 00:56:49,646 --> 00:57:19,626 Oh, oh, oh, oh