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Bitcoin!

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The podcast you are about to listen to

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is the most thermodynamically sound podcast in the world.

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Get ready to join veteran journalists Rod Palmer and Dick Greaser

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as they cover the most important news stories happening right now.

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This isn't some PodConf clickbait slop.

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This is the intellectual so-called.

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So light up a cigarette and get your lightning wallets ready

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to boost this incredible production.

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Produced by yours truly, Kaylee Walsh.

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Welcome back to Bugle Weekly.

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I'm Rod Palmer here with Richard Greaser.

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Today we got the mid-year purity test report cards.

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Ladies and gentlemen, what do I mean by that?

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So the SEC filing for the new venture between some treasury or some zombie company becoming

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a treasury company, doing a SPAC with David

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Bailey in Nakamoto.

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That filing went

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through last week, so the filing

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comes out. How much

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are David Bailey and his lieutenants

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being paid to be Bitcoin

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podcasters for

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this new

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public Bitcoin treasury company?

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And it's a lot. David Bailey's making

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a million dollars a year. He's getting a tie.

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The total

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compensation package

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of Bitcoin podcasters is going

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public that is what today is that's the report card so failing your purity tests um has been

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shown to provide the or at least be a give a fair market value uh to bitcoin podcasters uh that's

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looking really incredible we knew that the value was high we knew that we needed more bitcoin

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podcasters but this value was very humbling to competitor as well as seed sire seed signer um

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shared that he's struggling financially and is disgusted to see that uh you know people like

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david bailey are making more uh than him with the seed signer project and it's they're not alone

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they're not alone a lot of people have been humbled by seeing the the fair market value of bitcoin

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podcasters and i think i think this might be a vibe shift richard but you know how are you doing

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what are you thinking about this this big news babe being a bitcoin podcaster is uh

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it's worth a lot it's worth it's more valuable to be a doctor or lawyer

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well i i saw something interesting this week uh john seth was tweeting about how uh perry ann

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boring is on the uh board of nakamoto and yes one of my major concerns is that uh crypto people

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i don't think crypto people should be paid as much as uh bitcoin only people

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and i'm looking at nakamoto's website first of all i don't see steven lubka on there which is

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kind of weird uh i see amanda fabiano but let's let's just pretend i don't know if amanda's on

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the board but i would hope that amanda fabiano would be paid at least 20 percent more than perry

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and boring for sitting on the board because amanda fabiano is uh bitcoin only whereas

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perry ann obviously isn't she likes to blockchain

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yeah exactly yeah i mean perry ann is she's going to provide you value in ways that not you know

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every bitcoiner can but the her value uh even on is he had to anything it should be based on the

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Bitcoin dominance chart, but I would say, I would say just give her 80%.

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Yeah. I, I'm an, a big fan of the gender wage gap personally, because I think it's

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a man's job to protect women and just, you know, men are men typically not, not universally.

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There's some pretty strong buff women out there, but men typically are stronger physically.

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They've been the warriors in society.

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They've been the protectors.

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And I think it's our role to, and one of the ways that we can protect women is to protect

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their innocence and their general karma in paying them less.

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They actually end up paying less taxes than men.

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and i think it's a really it's a really good thing but you know from that perspective it's

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almost like we should pay the bitcoin only people less so that the

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the shit coiners are more complicit in paying funds to the state and committing all these

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atrocities yeah i mean you could you could do that um i'd still i'm open to it but i would still

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want to build it on bitcoin um so i think that you could probably do some sort of uh thing with

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you're paying them with payment splits uh on lightning and then you can customize the payment

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splits uh for people who are not bitcoin only um you could just shave you know 20 off of that

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and it goes back to the company coffers.

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I think one of the things people are really sleeping on

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is bringing paper Bitcoin to the blockchain.

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Because imagine that you're doing paper Bitcoin stock splits

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on the Lightning Network.

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How sophisticated you could get with that?

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Oh, yeah.

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I just saw news as well that the Bank of Japan is creating or is allowing the creation of basically a yen stable coin.

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So I assume that Tether is going to have a yen stable coin.

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And now we can bring the yen carry trade, one of the most famous international arbitrages in the world.

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We can bring that to lightning.

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If we just have Tether USDT and then Yen, the Yen Tether, whatever that would be, Y-E-N-T, we could just do the Yen Terry trade on Lightning.

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It would greatly expand the amount of average and liquidity brought to the Lightning Network.

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It could have a huge impact finally on user experience with more liquidity availability.

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What's going on in Japan these days?

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We've got MetaPlanet, Dylan LeClair taking over, Orange Pill and Nintendo.

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We still don't have a lot of inflation.

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And so, you know, the Japanese are kind of just a bit ahead of us.

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They need to find buyers for their debt so they can print more yen.

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And the bank can't buy it all, the Bank of Japan.

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So they want crypto traders, they want stablecoin companies to absorb the yen they're printing.

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It's getting out.

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Japan's kind of a small island.

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They're printing so much yen it's starting to overflow.

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It's like it'll leak into the ocean.

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They've got to get it out.

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They've got to get it on different blockchains to kind of soak that in.

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So do you think they're going to try and get the global south to be using the yen?

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Is that like one of the strategies?

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that is uh they are trying to increase their market intact uh in some of the countries in

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africa who don't know the difference between chinese and japanese so like the meme they only

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really communicate memes so they're they're kind of able to slide in there uh with the yen stable

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coin and uh kind of disrupt something that geek that trust over the cia is in there with the

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tether memes and they just kind of think like oh this is d-us cia he's asian stable coins they seem

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better they're hoping that will work and they might try that as well in the global south part

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uh the united states blockchain associations control uh they're going to try to compete on

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on tron yeah there's always ways to uh exploit stereotypes and

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you know everybody thinks that asians all look the same that's like a very common stereotype right

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they the chinese and the japanese yen have the same name they sound the same they look the same

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it's definitely a good way to exploit that stereotype i think it was bullish for japan

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yeah and you i mean africa they are um it's we don't like to think about this because we like to

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think of we like to think that we've projected our colonial values throughout the past 300 years but

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you know africans are they can be very racist and they are they are still known to stereotype asians

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and uh and say that they think that they all look the same so it's really just a market

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explication by the japanese it's uh to cane you know dominant market share pretty smart in my

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opinion but um yeah i mean i think so too but talking speaking of uh you know stable coins yen

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these potential meme coin markets

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that are developing in places,

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you know, in the South Sahara,

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is purity tests.

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So the Bitcoin podcasters

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are kind of who demonstrate

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a willingness to not be afraid of purity tests.

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They doing quite well Podcasters and Bitcoiners in the space who they really take a lot of pride in passing other plants purity tests

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They take a lot of pride in passing their favorite Bitcoin podcasts,

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purity tests, their favorite spaces,

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purity tests, their favorite group chat,

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they like their stack in passing purity tests.

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It's kind of like people stack A's on their report card

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and they start to build their identity

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based on their ability to figure out a system

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and get good grades from it.

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They're doing this, they're gaining value

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from these purity tests,

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but it is not benefiting them,

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or at least they're finding it very surprising

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and humbling that it, not living this way,

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could still be, you know,

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out-de-stack more Bitcoin.

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Is it kind of like being the Boy Scouts,

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collecting badges?

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or accomplishments right exactly you work your way up and you get that evil skill like some

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there's a lot of people who feel like they have passed the equivalent purity test uh

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of the to be an evil scout in bitcoin should uh btc pins offer badges like accomplishment badges

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for different purity tests passed absolutely you could like go to the conference and wear them on

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like a hat or uh i don't know what what are those things called yeah like the the sash i mean uh

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you'll see i mean think about military uniforms you could wear a jacket you know big winners like

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to like the high style now.

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You wear a nice sport jacket

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over your favorite Bitcoin podcast t-shirt.

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And some people like to put like a little orange

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where they call it the in the pocket there,

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a pocket square.

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You have some pins for their buttons.

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But you could also like a military genre,

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you could put your pins for the period.

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It's like I never bought a shit coin.

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never you know never fell from the psyop that uh monero was more private than lightning

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you know something like never use monero um you know you can do wish peel run knots i mean

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be a bitcoin node runner a lightning channel runner like you you stack them i mean some of

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these guys would look like dictators from north korea and they probably have um personalities

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that are similar. Interesting. Yeah. One of the new tests, which I think is an important test,

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Dennis Porter has been decrying Bitcoin influencers that don't run nodes.

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Should we be listening to podcasters that don't run nodes or does that mean less signal

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in general that that is i think a good a good example of a something that they people might

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form as a purity test because it's very difficult to confirm like yes or no right but it's a lot of

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pressure how do we know if a bitcoin podcaster uses a note right does it have to be running 24 7

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does it have to be um when they're doing certain types of transacting it was like every transaction

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they do have to be from their own node is like what does it mean to run a node to use a node

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and what is that what does it even tell us anything if a bitcoin possible is very very

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adamant about how he runs his node does that really tell you anything about him because you

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How can you even know for sure that he's telling the truth?

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Well, typically, yeah.

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I mean, I guess we need to have auditors opening channels.

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For authority verification.

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You can open a channel with the Bitcoin Podcaster

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and then look at the routing fees,

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the routed transactions that you get through your node.

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That's one way to do it.

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and um just remember just remember any bitcoin podcaster that invites you to open fighting

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channels with his lightning node um you know could be a fed so always keep that in mind um

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you might need to get some sort of protection for your um for your channels so you don't uh

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you aren't exposed to feds i've got a node with or sorry a channel open with uh david bennett

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from uh bitcoin and on my note you think he's using are you using protection with uh tor or

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are you raw dog and your lightning channel it's your podcaster i think i'm on clear net i think

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it's pretty easily discoverable well yeah i just didn't you know when i was setting up the node i

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don't want people out there accusing me of not running a node so of course i put it on clear net

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Right. Well, I think as long as you are proud of the way you run your node, if you feel proud of the way that you run your Bitcoin node, I don't think that you should have too many problems. I think that you will be able to navigate the gossip network, as it's called, pretty well.

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but if you're not proud of your node you should be careful out there because there's a lot of

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other node runners a lot of lightning channels there's just a lot of people in the network who

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uh they they're looking for people who aren't proud of the way they run their node and they're

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looking to take advantage of these people uh so you just want to be careful i think that if we

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explained gossip

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to women,

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there'd be more women interested in the

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Lightning Network because women like to gossip.

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Not all of them, but a lot of them do.

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Yeah, I mean, if

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BTC Sessions would make a Lightning

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tutorial specifically focused

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on gossip, I think

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that'd be a really good way

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to connect with women.

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Females who might want to,

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female Bitcoiners who might want to get into

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managing their own channels.

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Absolutely.

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now you know this is the problem the question some of who was it asked by a specific person

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i don't know if you want to credit them or if you wanted to protect the privacy do somebody asked

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running my note if i run my note should that not be like the equivalent of 40 hours of podcast per

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week so is he shouldn't being a node runner uh count as the same amount of uh you know

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work work and dedication to bitcoin as listening to 40 hours per week and and he got the nutrition

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question but i think it's it's not as simple as that um did you have thoughts on it yeah i mean

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know i think it depends like a lot of people treat running node like it's some sort of

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accomplishment like you're you're you're engaging in democracy i think this is the the framing that

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dennis has i you know i think dennis is almost correct on everything he says but i think one of

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his uh weaknesses is that he views everything in the lights of uh government and democracy

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and that's the way he translates like kind of like the the fiat standard the book like

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safedine went and explained the fiat system in bitcoin terms and uh i think dennis tries to do

223
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that you know with democracy and voting and i just don't think it's that big of an accomplishment

224
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to run a node. And a lot of people are treating like it is. There's a lot of people that run nodes

225
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because there's reasons to run nodes, such as like, you're trying to, uh, you know, sell a

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product or, you know, something, and you want, you want to actually be your own bank. You want

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to be sovereign. You want to, you want to feel good about yourself. You want to, you know, you

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want, you want your wife to be proud of you. Uh, and then there's a lot of people that like treat

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it. Like, I think it's kind of an orange shell tendency of like, they treat it like it's a purity

230
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test. Like it's a big accomplishment. It's probably because they haven't accomplished a whole lot

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themselves. You know what I mean? The ones that are treating like running nodes as an accomplishment.

232
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It's just like, they they're proud of themselves. They, um, you know, click download and then

233
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clicked install and uh they they see themselves as cypherpunks uh even though they're really not

234
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and uh they they don't even know what ubuntu is and uh yeah what i i i would summarize what you're

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saying is whatever but it sounds like to me is what you're saying is that they have placed way

236
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they don't know how to value or how to think about value when it comes to running a note, right?

237
00:21:00,894 --> 00:21:06,633
It's a symbol that they've assigned way too much value to when really, like everything else in Bitcoin,

238
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they use a tool that is a tool that you can use to maintain your sovereignty.

239
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If you use it the correct way, just having it as a trophy in your basement,

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it you know with with led lights shining up uh it's like this is my this is my my sovereignty my

241
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my bank is in my basement my bank is in my my office i am my own bank um it's just it's using

242
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it as a purity test you know is a good example where it's you're assigning like you said too

243
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much value to something uh that is much more but now you're making it much bigger than it needs to

244
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and that's a weird thing to do i think you're deifying it listening to 40 hours is much bigger

245
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deal than running a node 100 because there's so much there's 40 hours of work that's put into

246
00:22:03,434 --> 00:22:08,733
listening to 40 hours of podcasts whereas running a node i mean i guess you could spend a lot of

247
00:22:08,733 --> 00:22:13,793
time actually understanding what you're doing but i don't think a lot of people do that it's like

248
00:22:13,793 --> 00:22:17,694
one of the benefits of like umbrella and start nine is you don't have to understand anything.

249
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You don't have to spend any time understanding what you're doing. It's a, one of the benefits

250
00:22:24,133 --> 00:22:30,253
of like PTC sessions, tutorials, like, you know, when you're script kitty, you don't need to

251
00:22:30,253 --> 00:22:35,053
actually understand the code that you're, you're typing out. You can just copy paste.

252
00:22:35,613 --> 00:22:42,873
It's like a mind cook, right? Like you, the chef, the chef is the person who is really, you know,

253
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being creative, creating new dishes, challenging, whatever.

254
00:22:47,414 --> 00:22:50,934
A line cook is just taking a recipe and putting it together

255
00:22:50,934 --> 00:22:53,873
and they're following the steps, they're following the script.

256
00:22:53,873 --> 00:23:17,987
And if you use a start nine or you use BT sessions you following another man script Do you want to follow another man script Or do you want to write your own script and be able to craft your own script and be able to refine it and fix where it fix it where it uh it not working where you might find or do you just want to trust another man script

257
00:23:18,727 --> 00:23:25,787
Um, so that's why it's like people who are using their node in creative, valuable ways.

258
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they would never talk about what they're doing is using my node.

259
00:23:31,727 --> 00:23:35,187
It's, it gives it to that makes sense.

260
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But yeah.

261
00:23:36,227 --> 00:23:39,807
Well, it's kind of the difference between a pleb and a pioneer is the,

262
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the pioneer goes to places where there's no script to follow.

263
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They're writing their own script.

264
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Whereas the plebs just solely lives off of other people's scripts that are

265
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determined for them.

266
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Yeah.

267
00:23:54,087 --> 00:24:01,127
So if you're training, if the way you interact with your node is the way you interact.

268
00:24:01,127 --> 00:24:09,767
If you're like Carl, Rev Hodel, if you're a homesteader, you're creating your reality.

269
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You are building your ecosystem and you're spreading it.

270
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You're creating new channels with other people in your community.

271
00:24:19,847 --> 00:24:25,647
like that if you're doing that with your node then yeah that counts i guess that's 40 hours

272
00:24:25,647 --> 00:24:31,007
of bitcoin podcast per week but if all you're doing is going through the steps

273
00:24:31,007 --> 00:24:37,047
and at least with bitcoin podcast you are paying attention and it's like we there's a lot of things

274
00:24:37,047 --> 00:24:40,867
we do in life where sometimes we're just following the script or we're just following the steps

275
00:24:40,867 --> 00:24:48,587
including our like you know our relationships um and if you treat your node the way that you you

276
00:24:48,587 --> 00:24:54,447
know some people treat their wife they don't pay any attention to it then it's not it's not a

277
00:24:54,447 --> 00:25:00,407
valuable interaction but if you're at least listening uh intently for 40 hours per week

278
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of any activity um you know there's going to be more value there do you know off the top of your

279
00:25:07,767 --> 00:25:15,387
head how many mining pools are running not i don't know they haven't seen any data i only know the

280
00:25:15,387 --> 00:25:22,867
percentage of nots uh nodes is apparently 17 i haven't seen a link to that i've only seen

281
00:25:22,867 --> 00:25:29,647
screenshots um so i don't you know and there's no uh data about how many of those are economic

282
00:25:29,647 --> 00:25:37,767
nodes either um so for all we know i mean we we just don't know a lot i feel like the term

283
00:25:37,767 --> 00:25:43,987
economic node is a pejorative it's not politically correct right it's it's like the um

284
00:25:43,987 --> 00:25:54,947
people talk about before you know this 19 late 1900s right or 1800s you know you had to be

285
00:25:54,947 --> 00:26:05,587
a landowner you had to be a man you had to um you had to have some stake in the community

286
00:26:05,587 --> 00:26:12,167
you had to have you know there's some impact or you know serve some purpose um

287
00:26:12,167 --> 00:26:19,507
especially with money on the line to be able to vote um and then now it's like kind of anybody

288
00:26:19,507 --> 00:26:23,567
can vote you need not that you could just come down vacation in the united states if you're here

289
00:26:23,567 --> 00:26:28,327
on election day you can vote um you don't have to know anything about what you're voting for

290
00:26:28,327 --> 00:26:35,087
um or what you know what information you were told that you're passing on you know whatever

291
00:26:35,087 --> 00:26:41,407
everybody can vote yeah i'm really it's part part part of the reason why i'm not a big fan

292
00:26:41,407 --> 00:26:46,627
of democracy is because everybody can vote it'd make a lot more sense if there was some sort of

293
00:26:46,627 --> 00:26:51,727
restriction on uh you have to listen to 40 hours per podcast a week you have to have read the

294
00:26:51,727 --> 00:27:00,527
bitcoin standard the road to serfdom by hayek uh rothbard's uh history on uh banking uh

295
00:27:00,527 --> 00:27:08,507
i feel like there should be a massive checklist uh i don't think being a landowner should uh

296
00:27:08,507 --> 00:27:13,227
be a requirement anymore because we all know that uh real estate's a shit coin

297
00:27:13,227 --> 00:27:20,267
uh according to safeting so that would uh be kind of contrary to uh the advice you hear on a lot of

298
00:27:20,267 --> 00:27:29,367
podcasts yeah i mean um people people it's like what's the uh like a poll test or you know a quiz

299
00:27:29,367 --> 00:27:30,927
or a test that you have to pass,

300
00:27:31,447 --> 00:27:33,327
a purity test that you have to pass

301
00:27:33,327 --> 00:27:34,507
to be able to vote.

302
00:27:35,067 --> 00:27:36,887
So some people think that

303
00:27:36,887 --> 00:27:41,007
it's not enough to be a node runner.

304
00:27:41,307 --> 00:27:42,927
You have to be an economic node.

305
00:27:43,047 --> 00:27:46,267
Now, the definition of economic node,

306
00:27:46,507 --> 00:27:48,367
there's not a single definition for that.

307
00:27:48,867 --> 00:27:51,047
Everybody kind of views that their own way.

308
00:27:51,187 --> 00:27:52,127
So some people think

309
00:27:52,127 --> 00:27:53,967
that you have to be broadcasting transactions

310
00:27:53,967 --> 00:27:55,827
to be an economic node.

311
00:27:55,927 --> 00:27:58,527
Some people think you have to be a mining node

312
00:27:58,527 --> 00:28:03,147
that is actually building, you know, submitting blocks and all that.

313
00:28:03,247 --> 00:28:07,087
But some people think that you just have to use it to verify your transactions.

314
00:28:07,807 --> 00:28:10,367
And some people, you have got various.

315
00:28:10,367 --> 00:28:17,407
I even believe personally that, you know, just the fact that you were spending your time

316
00:28:17,407 --> 00:28:21,367
and, you know, Start9 Bitcoin node servers was cheap.

317
00:28:22,607 --> 00:28:27,307
So if you spend $1,000 on a Start9 Bitcoin server,

318
00:28:27,307 --> 00:28:32,227
and you are, you know,

319
00:28:33,427 --> 00:28:37,127
contributing to that economy

320
00:28:37,127 --> 00:28:39,387
in such a high-stake fashion,

321
00:28:39,547 --> 00:28:41,167
I think maybe you should be able to vote.

322
00:28:41,387 --> 00:28:43,447
I think that's worth being an economic node

323
00:28:43,447 --> 00:28:45,227
if you own a Start9 server.

324
00:28:45,387 --> 00:28:47,087
I don't think there's any more requirements after that,

325
00:28:47,127 --> 00:28:48,867
but I think if you're going to run it from your laptop,

326
00:28:48,867 --> 00:28:52,147
I think you should probably be using it to broadcast

327
00:28:52,147 --> 00:28:55,167
and, you know, verify and potentially, you know,

328
00:28:55,227 --> 00:28:57,147
be a miner or a solo miner.

329
00:28:57,307 --> 00:29:06,547
start nine puts out their their os that you can put on uh like a typewriter right i'm pretty sure

330
00:29:06,547 --> 00:29:14,507
yeah i think so yeah i would say this is where i would draw the line is start nine uh node

331
00:29:14,507 --> 00:29:20,147
or you know you're basically using your node every day like you know how to actually use the command

332
00:29:20,147 --> 00:29:26,727
line like cypherpunks know the command line and you know ubuntu but uh like umbral and below

333
00:29:26,727 --> 00:29:32,847
not an economic node if you're running umbrella you're probably not an economic node uh not that

334
00:29:32,847 --> 00:29:40,607
there aren't exceptions just that uh you know nine times out of ten okay could it be argued

335
00:29:40,607 --> 00:29:46,767
that a start nine server is uh a shit coin because uh you should buy bitcoin instead

336
00:29:46,767 --> 00:29:54,807
i think that is what i think that is kind of a point i'm making is that if you are willing to

337
00:29:54,807 --> 00:30:01,647
to waste that much potential bitcoin like i mean one a 900 purchase thousand dollar purchase a

338
00:30:01,647 --> 00:30:05,887
couple years ago that's generational wealth in 10 years so if you're willing to sacrifice

339
00:30:05,887 --> 00:30:13,307
that much bitcoin to contribute to the lightning network then yeah i think that uh that that's

340
00:30:13,307 --> 00:30:20,447
enough for some stake it's like a million sats that's the tax you gotta pay that's the tax you

341
00:30:20,447 --> 00:30:25,347
pay. This is the reason why it's important to listen to 40 hours per week folks is you need

342
00:30:25,347 --> 00:30:32,307
entropy because there's a lot of podcasters that'll paint a picture that's very like a one-sided or,

343
00:30:32,307 --> 00:30:39,867
or they'll paint, paint things like they're, um, monoliths. Like the, the thing that people used

344
00:30:39,867 --> 00:30:46,127
to do all the time is they presented a reality where the only way that you should run a Bitcoin

345
00:30:46,127 --> 00:30:52,727
node was on a raspberry pi that was that was something that was done in last cycle so everything

346
00:30:52,727 --> 00:30:58,787
was raspberry pi focused start nine started with raspberry pi before they realized they should

347
00:30:58,787 --> 00:31:03,547
probably use better hardware uh for things like next cloud and you know all the other shit that

348
00:31:03,547 --> 00:31:12,507
they got on there uh you can use a typewriter to either run startup os run umbrella run uh

349
00:31:12,507 --> 00:31:19,507
whatever it is you don't have to use a raspberry pi it could be significantly cheaper

350
00:31:19,507 --> 00:31:27,727
and there's probably less chances of uh massad infiltrating the supply chain in my opinion yeah

351
00:31:27,727 --> 00:31:33,967
and we haven't talked we haven't talked about this like what what are the odds that the massad

352
00:31:33,967 --> 00:31:42,487
has uh put explosives on all the start nine servers well they need to maybe they need to

353
00:31:42,487 --> 00:31:45,187
more transparent about their parts,

354
00:31:45,867 --> 00:31:48,307
everything that goes into the,

355
00:31:48,487 --> 00:31:49,887
you know, open source the model,

356
00:31:50,307 --> 00:31:50,867
so to speak.

357
00:31:51,447 --> 00:31:52,507
Open source the model,

358
00:31:53,047 --> 00:31:53,447
let people,

359
00:31:53,627 --> 00:31:55,827
if your hardware wallet,

360
00:31:56,747 --> 00:31:59,487
your wallet in general,

361
00:31:59,907 --> 00:32:01,327
but obviously hardware wallets

362
00:32:01,327 --> 00:32:02,807
are more prone to explosions.

363
00:32:04,327 --> 00:32:05,447
If it's not open source,

364
00:32:05,527 --> 00:32:07,207
we just can't verify that it's not

365
00:32:07,207 --> 00:32:09,107
potentially infiltrated by Masa.

366
00:32:10,187 --> 00:32:11,207
And there's this thing,

367
00:32:11,207 --> 00:32:17,207
you know there might be some sort of tool that we can develop that you can once you get your

368
00:32:17,207 --> 00:32:23,027
hardware wallet or your node uh in the mail that you can verify that it hasn't been tampered with

369
00:32:23,027 --> 00:32:30,927
um and infiltrated by massad but until and until that you know it's something that you gotta assume

370
00:32:30,927 --> 00:32:38,467
i just tweeted i was asking um how many mining pools run knots charlie spears responded right

371
00:32:38,467 --> 00:32:44,367
away and said 0.5 mining pools are running knots. So I followed up and asked him how,

372
00:32:44,647 --> 00:32:50,247
what the percentage of hash rate is. Now, I think there's a few ways to look at this.

373
00:32:50,347 --> 00:32:55,507
There is the fact that like no significant amount of hash rate is supporting knots.

374
00:32:57,647 --> 00:33:02,827
But I think another metric that would be more interesting to look at is the percentage of

375
00:33:02,827 --> 00:33:11,007
decentralized hash rate that is supporting knots? How many bid axes are supporting knots?

376
00:33:12,867 --> 00:33:19,447
I think it's probably a very, very, very, very high percentage in comparison to the overall

377
00:33:19,447 --> 00:33:26,467
hash rate, which really brings up the importance between decentralized and centralized hash rate.

378
00:33:26,467 --> 00:33:31,567
I think we need a better definition and a clear definition of what centralized and decentralized

379
00:33:31,567 --> 00:33:33,927
hash rate because I think there's a few definitions

380
00:33:33,927 --> 00:33:34,827
but I think

381
00:33:34,827 --> 00:33:38,227
one of the things I've seen a lot

382
00:33:38,227 --> 00:33:39,927
with purity test

383
00:33:39,927 --> 00:33:42,507
is that they like to change

384
00:33:42,507 --> 00:33:46,447
the standards of whatever the test is

385
00:33:46,447 --> 00:33:48,267
depending on

386
00:33:48,267 --> 00:33:50,147
convenience for them so somebody might

387
00:33:50,147 --> 00:33:50,727
pass

388
00:33:50,727 --> 00:33:53,627
a certain purity test

389
00:33:53,627 --> 00:33:56,307
just based on

390
00:33:56,307 --> 00:33:56,887
convenience

391
00:33:56,887 --> 00:34:00,087
and then turns out they

392
00:34:00,087 --> 00:34:03,827
didn't actually really pass the purity test.

393
00:34:03,927 --> 00:34:05,327
They were just given like a,

394
00:34:06,907 --> 00:34:09,527
it's like there's a grading curve.

395
00:34:10,627 --> 00:34:10,867
Essentially.

396
00:34:11,227 --> 00:34:14,207
A lot of times people call it like moving the goalposts.

397
00:34:15,207 --> 00:34:17,807
Yeah, there's a lot of controversy about

398
00:34:17,807 --> 00:34:23,267
Tiendis Owens reporting regarding Emmanuel Macron,

399
00:34:23,267 --> 00:34:26,127
the prime minister, the president of France.

400
00:34:26,127 --> 00:34:26,887
he

401
00:34:26,887 --> 00:34:29,367
he got

402
00:34:29,367 --> 00:34:42,180
through university he got these grades and he was passing these exams that none of his peers believed that he was qualified or smart enough or whatever to pass

403
00:34:42,180 --> 00:34:43,720
but he just kept moving through.

404
00:34:43,780 --> 00:34:49,740
And there's some people who they just kind of seem to gravitate upwards

405
00:34:49,740 --> 00:34:58,981
and influence and power without having to show their grades, so to speak,

406
00:34:58,981 --> 00:35:02,321
show you their credentials, the teary tasks.

407
00:35:03,220 --> 00:35:05,901
They don't have to wear those on their jackets.

408
00:35:07,260 --> 00:35:08,300
It happens.

409
00:35:08,300 --> 00:35:17,641
so you've been following that whole saga with uh candace and uh you know i've been listening to

410
00:35:17,641 --> 00:35:22,481
some podcasts i would have been saying i've listened to 40 hours on candace and france but

411
00:35:22,481 --> 00:35:27,001
i think i'm pretty they got pretty good base knowledge this is gonna be a pretty interesting

412
00:35:27,001 --> 00:35:31,280
revelation if we find out that all the first ladies around the world are actually transgender

413
00:35:31,280 --> 00:35:44,001
yeah i mean just just one kind of just one being a transgender kind of verified

414
00:35:44,001 --> 00:35:50,180
puts the rest of them into question it doesn't we're not necessarily going to get verification

415
00:35:50,180 --> 00:35:57,381
tna tests uh it's we'll be able to trust any videos like if you see michelle obama with a

416
00:35:57,381 --> 00:36:04,700
or like you'll have to assume that that's photoshop or ai but um it makes the whole

417
00:36:04,700 --> 00:36:08,161
makes the whole thing murky it makes you wonder what else

418
00:36:08,161 --> 00:36:13,460
it seems too absurd for them to lie about for them to actually lie about absolutely

419
00:36:13,460 --> 00:36:24,121
um but i think to tie this this thing with nodes up here is if you want to be a node runner

420
00:36:24,121 --> 00:36:27,401
and you still want to be a node runner,

421
00:36:27,561 --> 00:36:32,720
and especially if you are going to try to be an economic node,

422
00:36:33,800 --> 00:36:35,960
it comes with responsibility, isn't it?

423
00:36:36,041 --> 00:36:37,260
This vote's not free.

424
00:36:37,700 --> 00:36:39,521
Roman Storm found that out recently,

425
00:36:39,521 --> 00:36:43,561
and the U.S. government has decided with precedence

426
00:36:43,561 --> 00:36:49,001
that node runners are money transmitters.

427
00:36:49,481 --> 00:36:52,541
So that changes the dynamics.

428
00:36:52,541 --> 00:37:04,260
If you are at risk, should you be, should, if you write an unruly note, should you be exempt from being, you know, having to get a money transmitter license?

429
00:37:04,541 --> 00:37:12,001
If you have a start nine, is that, should you consider filing for a money transmitter license so that you are in compliance?

430
00:37:13,581 --> 00:37:14,561
It's a good question.

431
00:37:14,561 --> 00:37:20,661
I mean, that was like the precedent set in that case was we are all money transmitters now.

432
00:37:21,401 --> 00:37:23,101
Every single one of us.

433
00:37:25,740 --> 00:37:27,680
Podcasters are money transmitters.

434
00:37:27,861 --> 00:37:30,041
Node operators are money transmitters.

435
00:37:31,121 --> 00:37:33,440
Wallet users are money transmitters.

436
00:37:33,680 --> 00:37:36,841
Wallet developers are money transmitters.

437
00:37:37,641 --> 00:37:39,821
Core developers are money transmitters.

438
00:37:40,141 --> 00:37:42,501
Nons developers are money transmitters.

439
00:37:42,720 --> 00:37:44,861
Mining pools are money transmitters.

440
00:37:45,300 --> 00:37:48,481
This is why we preach to you.

441
00:37:48,481 --> 00:37:53,661
the importance and just to understand what you're doing by orange pilling the feds we told

442
00:37:53,661 --> 00:38:02,401
in podcasts on twitter we announced that we are ungovernable we are able to transmit money

443
00:38:02,401 --> 00:38:07,361
anywhere in the world as long as we have access to the internet like nobody could stop us so they

444
00:38:07,361 --> 00:38:14,061
are just they are you know in almost way they're recognizing uh people for what they are which is

445
00:38:14,061 --> 00:38:20,920
money transmitters but with recognition comes what you know what does this mean for us i think

446
00:38:20,920 --> 00:38:29,061
it'd be good to have dennis to uh campaign and lobby for just like a clear way it should be able

447
00:38:29,061 --> 00:38:35,981
to get a money transmitter license as it is to get a driver's license in my opinion

448
00:38:35,981 --> 00:38:45,760
right if if the definition of money transmitter is so loose and so broad then it's really

449
00:38:45,760 --> 00:38:51,341
it's hard to justify the high cost of being a money because you might not even know

450
00:38:51,341 --> 00:38:55,981
you're a money transmitter and you're subject to fines and penalties

451
00:38:55,981 --> 00:39:03,321
this disproportionately affects minorities like these people are uh not able to afford

452
00:39:03,321 --> 00:39:09,581
money transmitter licenses. If you are working the minimum wage, you cannot afford to pay rent,

453
00:39:10,161 --> 00:39:15,081
buy groceries, and still afford to pay for a money transmitter license. But you have to,

454
00:39:15,200 --> 00:39:20,260
the costs have to come down. You can't be, this is what I mean by, there's got to be exceptions,

455
00:39:20,260 --> 00:39:27,481
something, subsidized MTLs. Dennis has worked really hard on campaigning for our right to

456
00:39:27,481 --> 00:39:33,780
self-custody bitcoin and a part of having a right to do something is the right to get a license to

457
00:39:33,780 --> 00:39:42,381
do it many states you have to have a license to own or possess or carry a firearm uh that's a

458
00:39:42,381 --> 00:39:48,341
you know owning a firearm is constitutionally protected right except in california and new york

459
00:39:48,341 --> 00:39:54,900
and a few places uh but you know those don't count as the united states because they're just

460
00:39:54,900 --> 00:40:05,161
blatantly communist but um it's we need to look at it like getting a fishing you know getting a

461
00:40:05,161 --> 00:40:10,821
money transmitter license should be as ridiculous as getting a fishing license at least with fishing

462
00:40:10,821 --> 00:40:16,800
you can't do it on accident at least you can't accidentally go put a worm on a hook cast your

463
00:40:16,800 --> 00:40:22,861
uh cast your line you know snag yourself a bluegill reel it back in you can't do that

464
00:40:22,861 --> 00:40:33,220
If they're saying that you can be a money transmitter without even knowing it, but people not even realizing they are, the idea of a license for such a thing is so stupid.

465
00:40:33,341 --> 00:40:36,420
It has to be abolished altogether, or they have to give them to everybody, I think.

466
00:40:36,420 --> 00:40:49,420
Yeah, I mean, should it be like the selective service when you turn 18 years old as a man and you have to register for a potential draft?

467
00:40:50,200 --> 00:40:51,181
Got to register your note.

468
00:40:51,181 --> 00:40:59,041
you're an 18 you got to register your node so should there be no i i mean i think it'd be fair

469
00:40:59,041 --> 00:41:06,821
to restrict people under 18 years old and you know i know libertarians will get upset about

470
00:41:06,821 --> 00:41:13,121
this because they want to argue the age of consent but to restrict people from being able

471
00:41:13,121 --> 00:41:21,161
to run nodes until they're 18 so they can consent to rape if that makes sense yeah well

472
00:41:21,161 --> 00:41:32,940
Well, the other thing that this brings to question for me is, you know, this is a very big topic in legacy politics, legacy elections.

473
00:41:33,661 --> 00:41:35,641
Should you have to show your ID to vote?

474
00:41:36,021 --> 00:41:36,800
Voter ID, right?

475
00:41:37,521 --> 00:41:46,900
Should, if we say, oh, whether you run a node or whether you run an economic node, that you should still have, you know, secret ballot.

476
00:41:46,900 --> 00:41:56,481
We don't ask you if you're running Knotts or if you're running Core, but should you have the KYC to be able to be an economic node with a vote on the network?

477
00:41:56,481 --> 00:42:02,981
Should you have to identify, hey, this is Rod Palmer's node.

478
00:42:03,321 --> 00:42:08,561
I'll be relaying transactions and fees according to my values from this location.

479
00:42:08,561 --> 00:42:16,940
but when it comes to deciding on bits and hard forks and soft forks,

480
00:42:17,420 --> 00:42:22,760
my vote will be cast from this node, from this identity.

481
00:42:23,121 --> 00:42:24,341
This is by KYC.

482
00:42:24,740 --> 00:42:26,021
Should that be a requirement?

483
00:42:26,400 --> 00:42:28,161
Should you have to KYC to vote?

484
00:42:29,440 --> 00:42:31,460
Well, I know people are split on this.

485
00:42:32,280 --> 00:42:36,440
A lot of people on the right believe that you should.

486
00:42:36,440 --> 00:42:41,081
They believe fundamentally in KYC being a pillar of our democracy.

487
00:42:41,081 --> 00:42:49,041
Now, a lot of people on the left believe that KYC is racist because they think black people are too retarded to KYC.

488
00:42:50,321 --> 00:43:00,700
And so I don't know what my I'm not a huge fan of KYC, but it's not because I think black people are too retarded to do it.

489
00:43:00,700 --> 00:43:08,601
uh but it is it's a tricky question you don't need to be kyc to participate

490
00:43:08,601 --> 00:43:15,720
in the network you just need kyc to vote for your vote to matter for your participation to matter

491
00:43:15,720 --> 00:43:26,960
yeah i think the right generally was speaking be in favor of kyc in your node because

492
00:43:26,960 --> 00:43:35,940
running a node is essentially voting in the eyes of many uh many people right like dennis very

493
00:43:35,940 --> 00:43:41,101
clearly put it out there this week he said that uh he's making fun of shinobi because he

494
00:43:41,101 --> 00:43:52,601
he was saying that running a node essentially lets you impact bitcoin policy it's like i don't

495
00:43:52,601 --> 00:43:58,561
know if he's likening it to voting or he's likening it to lobbying but either way you're

496
00:43:58,561 --> 00:44:03,041
engaging in the political process and if you're engaging in the political process it makes sense

497
00:44:03,041 --> 00:44:10,300
to um kyc because like you know for example like when you go to bitcoin conferences and you have

498
00:44:10,300 --> 00:44:15,161
all these politicians there the secret service will be there and they're kyc and all the speakers

499
00:44:15,161 --> 00:44:20,501
at the conference right so all the people that are that are wearing masks and trying to protect

500
00:44:20,501 --> 00:44:25,420
their image like they're having the kyc with the with the secret service like if if the federal

501
00:44:25,420 --> 00:44:30,780
government if these politicians start running bitcoin nodes and you're interacting with their

502
00:44:30,780 --> 00:44:36,400
nodes it would make sense for the the secret service to to screen you does that make sense

503
00:44:36,400 --> 00:44:48,200
yeah right um here's the i mean i was gonna say this is kind of the dichotomy that i think

504
00:44:48,200 --> 00:44:56,041
some people sense is being built right you've got a very compliant high high level of user experience

505
00:44:56,041 --> 00:45:04,681
uh you know side of the network you've got big paper bitcoin and you've got custodial lighting

506
00:45:04,681 --> 00:45:11,440
you've got some of these enterprise level kyc compliant uh and then you don't have to participate

507
00:45:11,440 --> 00:45:16,760
that you can you can operate out in the more independent decentralized value for value

508
00:45:16,760 --> 00:45:25,981
autonomy. But what Dennis Porter is also doing is he has proposed to the Treasury Secretary,

509
00:45:26,881 --> 00:45:31,361
and he's been an advocate for bills in the state of Arizona and other places where

510
00:45:31,361 --> 00:45:38,841
they create a state or a strategic Bitcoin reserve at the state or federal level.

511
00:45:38,841 --> 00:45:48,161
And it is birthed as a tool to provide wealth to the country and to the voters, the network.

512
00:45:48,800 --> 00:46:05,481
But it is built upon a foundation of basically confiscating Bitcoin and other digital assets from particularly what they call abandoned or non-KYC Bitcoin.

513
00:46:06,054 --> 00:46:29,534
So if your node or your wallet is outside of this system and you cross paths with a Fed, you open a lightning channel with a Fed, you somehow get ensnared where your funds might be at risk or be vulnerable because you try to use an exchange or something, etc.

514
00:46:29,534 --> 00:46:35,214
whatever uh it might be vulnerable because they're not kyc so it is now

515
00:46:35,214 --> 00:46:43,254
taken by the content by the state added to the strategic bitcoin reserve uh and that growing

516
00:46:43,254 --> 00:46:48,634
value is seen by the society is like oh like this is good it is a good thing that we started taking

517
00:46:48,634 --> 00:46:54,174
bitcoin away from non-kyc nodes nodes that don't want to participate in our network uh nodes that

518
00:46:54,174 --> 00:46:59,874
don't want to show their id so they can vote on the next uh you know pull requests on bitcoin core

519
00:46:59,874 --> 00:47:08,034
and in the that's just a situation you you have to be cognizant of and we have to avoid if if we

520
00:47:08,034 --> 00:47:16,754
are going to celebrate a strategic bitcoin reserve built upon confiscating non-kyc coins um

521
00:47:16,754 --> 00:47:22,254
then there are second order of consequences to that that you should be aware of

522
00:47:22,254 --> 00:47:29,094
yeah you know people need to just accept they're living in a democracy they're living in a society

523
00:47:29,094 --> 00:47:36,934
and that not playing by the rules because the rules are fake and gay is anti-social and that

524
00:47:36,934 --> 00:47:44,114
you just have to you have to blindly accept whatever uh the policymakers set into law

525
00:47:44,114 --> 00:47:51,494
as being the case and you know there's this budget neutral uh proposal or idea of uh stealing

526
00:47:51,494 --> 00:47:57,214
people's funds in order to you know fund the strategic bitcoin reserve is it it's an interesting

527
00:47:57,214 --> 00:48:03,294
one for a variety of reasons like one of the things we know is that sanctions work in warfare

528
00:48:03,294 --> 00:48:11,274
you know the the western allies realized this in world war ii in warfare one of the ways that you

529
00:48:11,274 --> 00:48:19,974
win is by terrorizing the enemy population like you just beat them into absolute submission you

530
00:48:19,974 --> 00:48:25,154
just pummel them like this is what uh the israelis are trying to do with gaza right now

531
00:48:25,154 --> 00:48:30,694
with their population they're trying to put pressure on their population in order to to get

532
00:48:30,694 --> 00:48:39,314
them to uh flush out hamas this is what essentially um sanctions are you know in other countries when

533
00:48:39,314 --> 00:48:44,554
when a government sanctions another country it's not about hurting uh the leaders of the country

534
00:48:44,554 --> 00:48:50,154
It's about terrorizing and destroying the population, the local population.

535
00:48:51,494 --> 00:48:55,134
So sanctions work and terrorism works.

536
00:48:55,594 --> 00:49:01,494
And, you know, there's a lot of ways that the U.S. government can get creative in stealing funds.

537
00:49:01,634 --> 00:49:05,754
I know on last week's episode, we were talking about them going after the cartels, Bitcoin wallets.

538
00:49:06,294 --> 00:49:07,574
That'd be a great way.

539
00:49:07,954 --> 00:49:14,134
That'd be a great budget neutral opportunity to boost the strategic reserve.

540
00:49:14,554 --> 00:49:15,174
in my opinion.

541
00:49:16,174 --> 00:49:19,434
Yeah, that is exactly correct.

542
00:49:19,434 --> 00:49:26,654
So if you decide that you want to not KYC your node,

543
00:49:26,794 --> 00:49:28,274
not be an economic node,

544
00:49:28,774 --> 00:49:33,034
that is your choice,

545
00:49:33,114 --> 00:49:35,154
and you can have a really fulfilling life.

546
00:49:35,734 --> 00:49:40,554
But you run the risk as being flagged

547
00:49:40,554 --> 00:49:44,854
or identified by the government as a terrorist wallet.

548
00:49:45,154 --> 00:49:47,354
If your wallet, if your hardware wallet,

549
00:49:47,454 --> 00:49:49,974
if your seed signer, you know,

550
00:49:49,994 --> 00:49:53,274
your cold card gets flagged as a terrorist wallet,

551
00:49:54,994 --> 00:49:57,114
you're going to have problems.

552
00:49:57,234 --> 00:50:00,034
It's going to be harder for you to not be grumpy.

553
00:50:00,574 --> 00:50:02,054
It's going to be harder for you to live your life.

554
00:50:02,094 --> 00:50:03,514
It's going to be harder for you to survive.

555
00:50:04,634 --> 00:50:05,954
But that's what you signed up for.

556
00:50:05,954 --> 00:50:14,734
I mean, so that being a pioneer, that can, depending on your risk tolerance, be part of the experience.

557
00:50:15,694 --> 00:50:26,794
But if you want, if you're going to run the risk of being a terrorist wallet, I would say only risk it if you're proud to be a terrorist wallet.

558
00:50:26,874 --> 00:50:33,454
If you're not proud to be a terrorist wallet, it's just probably a terrible user experience.

559
00:50:33,454 --> 00:50:40,854
Well, one of the things I wanted to talk about before we go into the fountain booths is there's been this new trend on Noster.

560
00:50:41,234 --> 00:50:44,474
So, you know, people are tweeting about how Noster's dead.

561
00:50:45,074 --> 00:50:55,014
That's just like, I think a thing we'll be plagued with for a while is people that are on Noster complaining that Noster's dead.

562
00:50:56,174 --> 00:51:00,254
I can confirm it's not because I've been over there zapping people.

563
00:51:00,254 --> 00:51:05,454
But what are your thoughts on this new trend?

564
00:51:05,694 --> 00:51:07,174
So do you pronounce it?

565
00:51:07,274 --> 00:51:11,354
There's been some debate on how it's properly pronounced.

566
00:51:11,494 --> 00:51:13,434
Is it a vlog or is it a vlog?

567
00:51:15,494 --> 00:51:16,534
It's a vlog.

568
00:51:17,294 --> 00:51:18,534
I think it's interesting.

569
00:51:18,674 --> 00:51:23,394
I think this is a great trend.

570
00:51:23,394 --> 00:51:32,454
And I mentioned on previous podcasts that I think that we have to understand that the Nostra crowd, broadly speaking, is a little bit older.

571
00:51:32,454 --> 00:51:37,074
It's Gen X, some boomers on there, maybe some older millennials.

572
00:51:37,754 --> 00:51:42,974
But it's people with a little bit more disconnected from the current trends on social media.

573
00:51:43,334 --> 00:51:45,894
But all of them are old enough to remember vlogs.

574
00:51:46,034 --> 00:51:47,414
Vlogs were really popular.

575
00:51:47,854 --> 00:51:49,354
I mean, they started in the 90s.

576
00:51:49,354 --> 00:51:57,394
uh i i you haven't heard too many people use the term since uh president obama was in office but

577
00:51:57,394 --> 00:52:02,154
uh it's it's it's good as people remember what those are and they like to participate and they

578
00:52:02,154 --> 00:52:07,474
think and now uh they're on nostril like it's a great time for them to do the vlogs that they

579
00:52:07,474 --> 00:52:10,774
wish they would have done when they were younger that they wish they had the community to share it

580
00:52:10,774 --> 00:52:16,314
with when they were younger uh so there's just a lot of like you know a lot of generation x blogs

581
00:52:16,314 --> 00:52:26,134
vlogs excuse me um so it's interesting it's go it's it's popular do you think the reason marty

582
00:52:26,134 --> 00:52:33,414
marty called it a vlog is because he spends too many time uh interviewing stupid boomers like uh

583
00:52:33,414 --> 00:52:39,914
tom luongo and he's getting his wires crossed yeah i think that's that's that's definitely a

584
00:52:39,914 --> 00:52:46,234
big case it's like uh guys guys that are talking to boomer macro they're they're gonna have some

585
00:52:46,234 --> 00:52:53,434
hiccups here it's gonna be a little bit cringe so to speak um but well what i wanted to say was

586
00:52:53,434 --> 00:52:58,934
what i think the real value here is a vlog is a really good way to say good morning

587
00:52:58,934 --> 00:53:03,074
and people on nostril love to tell each other good morning so i think

588
00:53:03,074 --> 00:53:12,634
like vlogs of of nostril users um they don't have to ask permission they're just gonna post

589
00:53:12,634 --> 00:53:17,074
you know to tell you good morning it's the only cool way it's a cool way to say good morning

590
00:53:17,074 --> 00:53:22,194
interesting it's a revolutionary way it's a decentralized way to say good morning

591
00:53:22,194 --> 00:53:30,154
here's the other thing though uh what you post on nostr uh the the things you talk about on your

592
00:53:30,154 --> 00:53:40,074
vlogs your predictions your takes um your insults your libel your slander uh it's forever um

593
00:53:40,074 --> 00:53:48,034
potentially so remember that this is one of the big reasons pletter does not use nostr and it's

594
00:53:48,034 --> 00:53:53,054
never even when he was kind of fed up with twitter he just couldn't really make the jump over here

595
00:53:53,054 --> 00:53:59,494
there's a lot of reasons but a big one is you have to ask permission to delete your posts uh and

596
00:53:59,494 --> 00:54:05,034
nobody asked to the relay operators don't have to grant that uh and pletter likes to delete a lot of

597
00:54:05,034 --> 00:54:10,694
posts um he'd like he gets a lot of predictions wrong or he misunderstands things that he so he

598
00:54:10,694 --> 00:54:15,954
might you know if you have a tendency to say stuff that you might not want your wife or your boss to

599
00:54:15,954 --> 00:54:22,794
someday um on your nostril vlogs remember you might there are forever absolutely

600
00:54:22,794 --> 00:54:29,994
yeah so it's a permission platform because you need to ask for permission to delete your post

601
00:54:29,994 --> 00:54:35,954
um everything has trade-offs everything has trade-off folks i guess that's one of the lessons

602
00:54:35,954 --> 00:54:40,834
here is it good is it bad i guess it depends on your situation if you're like predator and you

603
00:54:40,834 --> 00:54:46,094
want to walk back a lot of things that you the grumpy things that you say by deleting uh your

604
00:54:46,094 --> 00:54:54,154
post noster is probably not the uh best platform for it um well we before we get into the booth so

605
00:54:54,154 --> 00:54:59,454
we're putting out some paid content, uh, cause we're trying to earn money to, uh,

606
00:55:00,354 --> 00:55:08,094
be able to spend more on a production stuff. I put out a episode, uh, last week asking the

607
00:55:08,094 --> 00:55:13,314
question, was Jesus a Mossad agent? So you can check that out on a fountain and unlock it there

608
00:55:13,314 --> 00:55:18,774
for a dollar or subscribe to us for $10 a month and get access to all the content that we're going

609
00:55:18,774 --> 00:55:34,407
be doing I going to be putting out probably roughly the same time that uh this show drops and you hearing this you have access to uh I going to narrate and talk about the most recent article I had

610
00:55:34,407 --> 00:55:40,787
published in the physical print Bitcoin magazine, the lightning edition came out spectacular.

611
00:55:40,967 --> 00:55:49,147
I'm really stoked about it. So I'm excited to get into that. Um, we also, uh, are digging up some

612
00:55:49,147 --> 00:55:59,067
old stuff so i i recorded uh the job interview with uh rod palmer when i um we're going through

613
00:55:59,067 --> 00:56:05,207
the hiring process right now so i have the first job interview uh that we'll be publishing probably

614
00:56:05,207 --> 00:56:11,707
later this week at some point uh but yeah check it check it out folks i think i think there's

615
00:56:11,707 --> 00:56:17,467
going to be a lot of really good content here uh that you're not going to want to hear yeah yeah

616
00:56:17,467 --> 00:56:24,747
I'm super stoked that you were able to recover the data on your old typewriter.

617
00:56:25,327 --> 00:56:32,607
And then we found the podcast audio of my interview and some of the other reviews you had a couple years ago.

618
00:56:32,867 --> 00:56:36,387
And we were building the bugle.

619
00:56:36,547 --> 00:56:37,507
We started building the bugle.

620
00:56:39,027 --> 00:56:41,387
Yeah, I'll probably be dripping those out.

621
00:56:41,387 --> 00:56:45,747
I'll publish the interview that Ron and I did with Kaylee,

622
00:56:46,047 --> 00:56:47,967
that I did with Maggie.

623
00:56:50,227 --> 00:56:51,507
We'll have some more stuff.

624
00:56:51,587 --> 00:56:57,187
I'm also talking with some other people about some exclusive shows,

625
00:56:57,327 --> 00:56:58,447
but I'm excited.

626
00:56:58,687 --> 00:57:04,227
I'm also started working on the next special investigation episode.

627
00:57:04,467 --> 00:57:10,087
I think this is going to be a fun series that I look forward to.

628
00:57:11,387 --> 00:57:19,867
continuing with but check it out folks subscribe on fountain if you do appreciate it so i think one

629
00:57:19,867 --> 00:57:28,707
thing that we should do every week rod is we should thank our supporters that uh have subscribed

630
00:57:28,707 --> 00:57:38,347
to the bugle weekly uh we've got four right now we've got shadrack open mic avi burra and dave

631
00:57:38,347 --> 00:57:39,227
south side

632
00:57:39,227 --> 00:57:42,267
hell yeah

633
00:57:42,267 --> 00:57:43,247
that's uh

634
00:57:43,247 --> 00:57:45,767
that is kind of who

635
00:57:45,767 --> 00:57:48,387
is the core supporters of the show

636
00:57:48,387 --> 00:57:49,567
um

637
00:57:49,567 --> 00:57:52,187
and I think

638
00:57:52,187 --> 00:57:54,047
as the content that we put out comes out

639
00:57:54,047 --> 00:57:55,787
I think you'll be

640
00:57:55,787 --> 00:57:58,507
there's some more interest

641
00:57:58,507 --> 00:58:00,347
uh in this because it's going to be good

642
00:58:00,347 --> 00:58:00,627
shit

643
00:58:00,627 --> 00:58:04,347
it's going to be some really good shit

644
00:58:04,347 --> 00:58:06,027
but yeah getting into the fountain booths

645
00:58:06,027 --> 00:58:08,227
I mean do you have anything else uh before

646
00:58:08,227 --> 00:58:10,127
we get into the

647
00:58:10,127 --> 00:58:10,927
fountain booths?

648
00:58:12,287 --> 00:58:13,987
No, no, no. I think I'm ready to

649
00:58:13,987 --> 00:58:14,167
see

650
00:58:14,167 --> 00:58:18,347
what people had to say this week. I haven't

651
00:58:18,347 --> 00:58:20,187
looked at the booths yet, so this is my

652
00:58:20,187 --> 00:58:20,967
first glance.

653
00:58:23,367 --> 00:58:24,027
I was

654
00:58:24,027 --> 00:58:26,367
texting or talking

655
00:58:26,367 --> 00:58:28,327
to Fountain about fixing the booths,

656
00:58:28,327 --> 00:58:30,107
so hopefully they did that. We had

657
00:58:30,107 --> 00:58:32,327
an issue last week with them showing

658
00:58:32,327 --> 00:58:33,687
up properly.

659
00:58:34,707 --> 00:58:36,387
So if you ever have us

660
00:58:36,387 --> 00:58:38,007
miss a booth for some reason,

661
00:58:38,007 --> 00:58:46,727
And it's likely due to bad UX and not necessarily us being dickheads and not reading it.

662
00:58:46,767 --> 00:58:47,847
So just let me know.

663
00:58:48,687 --> 00:58:50,447
And we'll correct that.

664
00:58:50,907 --> 00:58:52,467
But last episode.

665
00:58:53,247 --> 00:58:58,167
Yeah, was back in the saddle podcasting.

666
00:58:58,587 --> 00:59:00,587
Again, episode 71.

667
00:59:01,207 --> 00:59:05,327
So we had just gotten, this is our first podcast back from Lake Satoshi.

668
00:59:05,327 --> 00:59:14,887
And if you listen 40 hours per week, you know that the Lake Satoshi episode, there's a lot of those lately.

669
00:59:15,207 --> 00:59:16,567
So obviously it was a good time.

670
00:59:18,027 --> 00:59:20,147
And we talked about, what else did we talk about?

671
00:59:20,267 --> 00:59:20,927
I don't really remember.

672
00:59:21,087 --> 00:59:27,287
I guess we can, the first boost reminded me of a topic that we talked about.

673
00:59:27,367 --> 00:59:29,147
Late stage Honol 5,000 sats.

674
00:59:30,067 --> 00:59:31,887
This is a first on my typewriter.

675
00:59:31,887 --> 00:59:39,907
um lacy chaddle says uh holy shit if long john silver started frying and beef tallow a whole bowl

676
00:59:39,907 --> 00:59:44,467
of these little pieces of crispy fried batter would be so much better than a marlboro red

677
00:59:44,467 --> 00:59:52,707
wait oh better with a marlboro red and not a cedar oil coating i remember sitting in the

678
00:59:52,707 --> 00:59:57,047
non-smoking section of waffle house back in the day as a kid getting my first taste of nicotine

679
00:59:57,047 --> 01:00:03,167
from the table directly behind me what a time the 90s were yeah the 90s were great i mean this was

680
01:00:03,167 --> 01:00:10,967
a topic that we talked about rod we were talking about at the end of the show uh which uh oh yeah

681
01:00:10,967 --> 01:00:20,427
they uh yeah with trust grant uh was gonna bring back smoking inside as like a game changer i just

682
01:00:20,427 --> 01:00:26,307
looked up a picture of long john silber so it's it's more of like a kfc fast food restaurant in my

683
01:00:26,307 --> 01:00:30,167
head i was thinking it was like because i've never been there yeah it's it's just it's like

684
01:00:30,167 --> 01:00:36,507
it's fried it's just fried fish fried fish fries and uh the coleslaw ouch puppies yeah we'll see

685
01:00:36,507 --> 01:00:45,147
if this is a trend of uh more restaurants using beef tallah tell me now cows are cows are cool

686
01:00:45,147 --> 01:00:51,187
again beef's cool again for a while cows were bad for the environment i mean this is just like the

687
01:00:51,187 --> 01:00:54,687
the ebbs and flows of the,

688
01:00:54,687 --> 01:01:03,487
the mainstream NPC version of pod conf is one thing will be bad one minute and

689
01:01:03,487 --> 01:01:04,607
then good the next minute.

690
01:01:04,707 --> 01:01:06,147
It just kind of oscillates back,

691
01:01:06,407 --> 01:01:07,067
back and forth.

692
01:01:07,167 --> 01:01:11,747
I'm sure that a beef tallow will be considered bad for you in a few years.

693
01:01:11,747 --> 01:01:16,487
And it'll be back to make America eat seed oils again.

694
01:01:16,487 --> 01:01:17,807
We'll be one of the campaigns.

695
01:01:18,807 --> 01:01:19,247
Yeah.

696
01:01:19,247 --> 01:01:21,487
some broccoli haircut and zoom or orange pill.

697
01:01:21,627 --> 01:01:24,227
It's going to figure out a way to get us,

698
01:01:24,347 --> 01:01:24,547
you know,

699
01:01:24,567 --> 01:01:29,467
payback millennials and Gen X for making his whole life beef tallow.

700
01:01:29,947 --> 01:01:31,747
But the next one,

701
01:01:31,827 --> 01:01:32,407
next boost,

702
01:01:33,267 --> 01:01:38,067
5,420 saps from another guy we talked about last week,

703
01:01:38,187 --> 01:01:38,987
Otis Bitmeyer,

704
01:01:39,167 --> 01:01:41,307
the guy who makes sound coffee,

705
01:01:41,487 --> 01:01:42,287
some of the best coffee.

706
01:01:42,367 --> 01:01:43,047
I'm still drinking it.

707
01:01:43,167 --> 01:01:43,847
Had some today.

708
01:01:44,867 --> 01:01:45,387
Now,

709
01:01:45,387 --> 01:01:54,127
he says that intro really nails the vibe um and i want to go back to the intro here in a second but

710
01:01:54,127 --> 01:02:00,607
what i wanted to comment about otis was do you think yeah you it seems like he's got he's a very

711
01:02:00,607 --> 01:02:07,607
well grounded very thermodynamically sound uh in tune with you know the value for value lifestyle

712
01:02:07,607 --> 01:02:13,507
makes me think do you think his wife makes his bed for him on that uh that bus the school bus

713
01:02:13,507 --> 01:02:21,647
they're living yeah jubilee definitely makes his bed for him she's a she seems like she's a great

714
01:02:21,647 --> 01:02:27,947
wife she's awesome she she went on his bitcoin podcast she had interesting things to say

715
01:02:27,947 --> 01:02:33,547
it's fun listening to her it's fun talking to her a bit in person she's very committed mother

716
01:02:33,547 --> 01:02:41,767
uh very you can tell that she's very invested in her kids she's definitely you could see the

717
01:02:41,767 --> 01:02:49,207
dynamics there was some cool chemistry between otis and uh jubilee it seems like she is definitely

718
01:02:49,207 --> 01:02:54,987
the type of wife that would make his bed for him yeah it seems jubilee's great she seems like she

719
01:02:54,987 --> 01:03:03,067
has bought in and is uh fully and fully vested in living the um the big the bitcoin podcast lifestyle

720
01:03:03,067 --> 01:03:08,127
the bitcoin podcast or like the you know being the going tampon with the ungovernable misfits

721
01:03:08,127 --> 01:03:18,947
um big day podcasting anywhere uh traveling around cool uh really cool place to live it's just

722
01:03:18,947 --> 01:03:22,187
it's a cool life it's uh it's a good model honestly

723
01:03:22,187 --> 01:03:33,327
it is very cool model well yeah we're um planning on otis or sorry interviewing otis here pretty

724
01:03:33,327 --> 01:03:39,947
soon so i think that's going to be a pretty good show having him on and uh i'm looking forward to

725
01:03:39,947 --> 01:03:47,887
that the the next boost from ludy 250 cents says oh no i figured you were just a pussy

726
01:03:47,887 --> 01:03:54,127
crying emoji smiling emoji smiling emoji that was in reference to uh

727
01:03:54,127 --> 01:04:01,547
what otis said to me when he offered me cream and sugar for anybody that's wondering so

728
01:04:01,547 --> 01:04:07,067
to reiterate the story for people that didn't hear it on last week's show so otis uh asked if i want

729
01:04:07,067 --> 01:04:12,827
a cream or sugar in my coffee i i looked at him concerned i asked him if it was really that bad

730
01:04:12,827 --> 01:04:19,547
he said no i just figured you're a pussy uh so he was just talking shit being an asshole

731
01:04:19,547 --> 01:04:26,627
when you have coffee that good you you can't you can't be an asshole to your customers you

732
01:04:26,627 --> 01:04:27,467
You know what I mean?

733
01:04:27,467 --> 01:04:33,287
Right, people, they like to associate a rude,

734
01:04:33,287 --> 01:04:38,087
entitled, blue hair, liberal arts student from Portland

735
01:04:38,087 --> 01:04:55,301
as being rich to them serving them Starbucks coffee Because there just no reason for you to be so smart but when you actually you actually sell coffee yourself uh like i would just admit myro that as good as it is

736
01:04:55,301 --> 01:05:00,921
um you have to suffer fools you have to put up with uh big quinn podcasters who might be trolling

737
01:05:00,921 --> 01:05:06,821
you about your products like you're proud of it like that's how to see he just has that aura

738
01:05:06,821 --> 01:05:07,581
absolutely

739
01:05:07,581 --> 01:05:10,801
the uh

740
01:05:10,801 --> 01:05:11,301
the next was

741
01:05:11,301 --> 01:05:12,101
500 tabs

742
01:05:12,101 --> 01:05:12,641
from Mr.

743
01:05:12,741 --> 01:05:13,021
Rabbit

744
01:05:13,021 --> 01:05:14,041
um

745
01:05:14,041 --> 01:05:16,141
I don't know

746
01:05:16,141 --> 01:05:16,821
if if you

747
01:05:16,821 --> 01:05:17,201
want to scroll

748
01:05:17,201 --> 01:05:17,581
down but

749
01:05:17,581 --> 01:05:18,201
look he says

750
01:05:18,201 --> 01:05:18,701
good morning

751
01:05:18,701 --> 01:05:19,981
so um

752
01:05:19,981 --> 01:05:20,961
this was coming

753
01:05:20,961 --> 01:05:21,741
in I assume

754
01:05:21,741 --> 01:05:22,781
from Noster

755
01:05:22,781 --> 01:05:23,701
uh it'll be

756
01:05:23,701 --> 01:05:24,901
cool if

757
01:05:24,901 --> 01:05:25,781
uh fountain

758
01:05:25,781 --> 01:05:26,781
lets lets

759
01:05:26,781 --> 01:05:27,501
people post

760
01:05:27,501 --> 01:05:29,201
vlogs uh

761
01:05:29,201 --> 01:05:29,521
as their

762
01:05:29,521 --> 01:05:30,161
fountain boost

763
01:05:30,161 --> 01:05:32,461
uh it'd be

764
01:05:32,461 --> 01:05:32,901
great to get

765
01:05:32,901 --> 01:05:33,481
some vlog

766
01:05:33,481 --> 01:05:34,461
replies or

767
01:05:34,461 --> 01:05:35,181
vlog fountain

768
01:05:35,181 --> 01:05:35,521
boost

769
01:05:35,521 --> 01:05:43,361
that would be great do you have any ideas i'm gonna try and do some uh vlogs this week you got

770
01:05:43,361 --> 01:05:52,401
any uh good topics for me to vlog about um you know there's a lot of topics i'd you need to

771
01:05:52,401 --> 01:05:59,361
imitate american hodl uh you can do what uh you know you could do some like some stuff smoking

772
01:05:59,361 --> 01:06:06,601
cigarettes i needed smoking cigarettes a good time to do a vlog so do your smoke pit session

773
01:06:06,601 --> 01:06:15,341
the smoke pit uh vlog style that'd be cool you know it's a very like common one i've never

774
01:06:15,341 --> 01:06:20,741
understood that people like to do which doesn't make any sense why do so many people do videos

775
01:06:20,741 --> 01:06:26,881
in their cars they're just sitting in their car doing a video being in your being your car is

776
01:06:26,881 --> 01:06:28,761
you should be listening to Bitcoin podcasts.

777
01:06:29,361 --> 01:06:30,841
Probably not vlogging.

778
01:06:33,941 --> 01:06:36,941
I was

779
01:06:36,941 --> 01:06:38,901
posting around with somebody on Noster.

780
01:06:39,521 --> 01:06:41,041
We had a little back and forth.

781
01:06:42,641 --> 01:06:44,841
They say they don't listen to Bitcoin

782
01:06:44,841 --> 01:06:46,781
podcasts when they're driving. I think it's

783
01:06:46,781 --> 01:06:48,881
unsafe to not be listening to

784
01:06:48,881 --> 01:06:50,341
Bitcoin podcasts when you're driving.

785
01:06:51,721 --> 01:06:52,901
That's Otis,

786
01:06:53,041 --> 01:06:54,181
Loody, Mr. Rabbit.

787
01:06:54,181 --> 01:06:57,581
next boost 5000 sats late stage

788
01:06:57,581 --> 01:06:59,561
hot all again says so glad I was

789
01:06:59,561 --> 01:07:01,661
able to share some non KYC

790
01:07:01,661 --> 01:07:03,281
cigs with the bugle boys

791
01:07:03,281 --> 01:07:05,481
I won't dox which one of them

792
01:07:05,481 --> 01:07:07,221
was smoking KYC vapes

793
01:07:07,221 --> 01:07:09,561
I was concerned after not seeing

794
01:07:09,561 --> 01:07:11,501
a podcast confirmed on my founding

795
01:07:11,501 --> 01:07:12,701
node for over a week

796
01:07:12,701 --> 01:07:15,441
I wish y'all had been recording during

797
01:07:15,441 --> 01:07:17,361
Lake Satoshi or maybe

798
01:07:17,361 --> 01:07:19,381
you were if so then I guess

799
01:07:19,381 --> 01:07:21,501
I consented to it and it was a pleasure to meet you

800
01:07:21,501 --> 01:07:21,881
both

801
01:07:21,881 --> 01:07:35,981
I think he waits, I think the late stage huddle and, and, uh, you know, he had had a few blood lights. I think he mistaked a vapor for one of the, for one of us, but, uh, you know, that's partly starchy.

802
01:07:35,981 --> 01:07:41,361
we weren't recording uh okay so here's something that's really really interesting that i think

803
01:07:41,361 --> 01:07:50,741
people should be aware of is how easy it is to put cameras and recording devices and things these days

804
01:07:50,741 --> 01:07:56,921
so almost every like interaction that you're having with somebody at a meetup or something

805
01:07:56,921 --> 01:08:01,921
could be a recorded conversation i mean you assume like everybody's got their phone in them

806
01:08:01,921 --> 01:08:07,741
We already know the NSA is listening to all of our private Bitcoin podcasts around the campfire at Lake Satoshi.

807
01:08:10,121 --> 01:08:14,061
But, you know, like they have those those cameras in the meta glasses now.

808
01:08:14,721 --> 01:08:15,741
Have you seen those?

809
01:08:16,961 --> 01:08:17,801
Yeah. Yeah.

810
01:08:18,001 --> 01:08:19,421
There's going to be a lot more people wearing.

811
01:08:21,101 --> 01:08:23,101
Bruno is recording everything they do.

812
01:08:23,681 --> 01:08:26,001
Every time you see something in public with sunglasses.

813
01:08:26,481 --> 01:08:28,381
I mean, you don't need sunglasses.

814
01:08:28,381 --> 01:08:33,081
they might but didn't uh we knew some people to add some like cool sunglasses that actually

815
01:08:33,081 --> 01:08:39,721
made it so like a camera wouldn't be able to record your face you might need one of those

816
01:08:39,721 --> 01:08:47,081
yeah yeah called reflecticles we should probably figure out how to source some of those so we can

817
01:08:47,081 --> 01:08:53,821
sell them it'd be pretty wild if you could do something with your voice like that in a way that

818
01:08:53,821 --> 01:09:01,801
uh yeah yeah i don't know there's got to be creative solutions to all of these like the

819
01:09:01,801 --> 01:09:08,001
reflecticles i don't know if they work or not i've seen demonstrations of it where they'll

820
01:09:08,001 --> 01:09:14,721
like have a phone with uh with facial recognition to open it and they'll put on the reflecticles

821
01:09:14,721 --> 01:09:19,541
and it won't work and so that that's kind of what they use as evidence of them working

822
01:09:19,541 --> 01:09:27,461
well i've uh you know i heard somebody's working on my key you know the it's like the app um

823
01:09:27,461 --> 01:09:32,461
where you play you push the button and you put it up if there's like a song playing in public

824
01:09:32,461 --> 01:09:37,961
and it'll tell you what the song is and who the who the artist is behind it

825
01:09:37,961 --> 01:09:45,521
shazam right like they're gonna have like if you're in public and you think you hear a bitcoin

826
01:09:45,521 --> 01:09:50,581
podcaster just a podcaster talking you can press this button and it'll tell you which podcasters

827
01:09:50,581 --> 01:09:55,881
in your vicinity and it will also try to verify by connecting on bluetooth if there's a bit chat

828
01:09:55,881 --> 01:10:03,161
nearby so you know that could just be used for people who want to get your autograph uh hang out

829
01:10:03,161 --> 01:10:08,461
with a bitcoin podcaster that could be used by uh the geek state like or an intelligence asset or a

830
01:10:08,461 --> 01:10:13,761
cop yeah one of the things is interesting so like there's people out there with very distinct voices

831
01:10:13,761 --> 01:10:19,681
like shinobi is an example of this like shinobi cares about his obsec but he's in a public place

832
01:10:19,681 --> 01:10:26,701
and he's talking and everybody's heard him yell and call people retards on uh twitter spaces

833
01:10:26,701 --> 01:10:34,261
so he's pretty easily recognizable through his voice like that in person you know and it's

834
01:10:34,261 --> 01:10:41,001
probably not very often that eu um you see a person who's like pretty tall in a mese costume

835
01:10:41,001 --> 01:10:46,961
on the subway or whatever they call it in chicago you know or anywhere else and if you see a me

836
01:10:46,961 --> 01:10:53,101
seeks you know six foot tall me seeks and it sounds like shinobi from spaces um you probably

837
01:10:53,101 --> 01:10:59,761
don't need the app but not everybody is as obvious as uh shinobi might be might be thinking oh is that

838
01:10:59,761 --> 01:11:05,941
harry suddick that deep sexy voice that sounds like harry suddick um it might be him

839
01:11:05,941 --> 01:11:14,441
you know harry suddick's voice in person is just as impressive as when you're hearing them on a

840
01:11:14,441 --> 01:11:20,001
podcast people smoke a lot of marlboro reds trying to get that voice thanks again late stage huddle

841
01:11:20,001 --> 01:11:31,621
uh turkey 500 sats no comment thank you turkey open mic 7777 sats says bugle mile high club to

842
01:11:31,621 --> 01:11:41,141
start the day off right there's another good morning i haven't i haven't been flying on

843
01:11:41,141 --> 01:11:48,441
airplanes very much recently and uh so i haven't been participating in the mile high club for for

844
01:11:48,441 --> 01:11:58,101
any podcast but i have been traveling just with uh with different methods oh yeah i was i drove

845
01:11:58,101 --> 01:12:00,181
to the Midwest, grew up to Lake Satoshi.

846
01:12:01,541 --> 01:12:02,301
Let's do a lot

847
01:12:02,301 --> 01:12:03,241
of podcasts. It was good.

848
01:12:04,681 --> 01:12:05,121
I wonder

849
01:12:05,121 --> 01:12:08,381
it'd be really fun

850
01:12:08,381 --> 01:12:10,301
at some

851
01:12:10,301 --> 01:12:12,281
point to do a road trip across the country

852
01:12:12,281 --> 01:12:13,221
in like an Amish

853
01:12:13,221 --> 01:12:15,441
cart and buggy

854
01:12:15,441 --> 01:12:18,381
or get a covered

855
01:12:18,381 --> 01:12:20,081
wagon. Do a

856
01:12:20,081 --> 01:12:22,021
cross country trip with a

857
01:12:22,021 --> 01:12:24,161
covered wagon. So the Oregon

858
01:12:24,161 --> 01:12:25,561
Trail, the Orange Piddle Trail.

859
01:12:26,461 --> 01:12:27,601
The Orange Trail.

860
01:12:28,101 --> 01:12:33,841
wait what was that guy's name it was it like sid who who rode the motorcycle around the country

861
01:12:33,841 --> 01:12:38,701
turned orange pill yeah we could do the same thing with yeah we should do the same thing with covered

862
01:12:38,701 --> 01:12:46,941
wagons maybe yeah the bits is the pioneer tour pioneer tour in the in the wagon you know who'd

863
01:12:46,941 --> 01:12:54,621
probably do this is shadrack i bet you shadrack would do this yeah we do shadrack the bugle

864
01:12:54,621 --> 01:13:00,981
you know we'll figure it out we'll do the we'll do the pioneer tour you know i'm probably too late

865
01:13:00,981 --> 01:13:08,101
to do it this summer but uh yeah that'd be awesome well if you if you ever listen to anything that

866
01:13:08,101 --> 01:13:13,601
shadrack's talking on he's always talking about his team so he's got a team working with him he's

867
01:13:13,601 --> 01:13:18,061
got other people and surrounds himself with pioneers yeah he's got a team of pioneers

868
01:13:18,061 --> 01:13:23,421
yeah and i'm pretty sure two of the people on his team are named uh

869
01:13:24,221 --> 01:13:30,701
meshak and abendigo so you got shanarak meshak and abendigo doing the orange pill cover wagon

870
01:13:30,701 --> 01:13:40,361
tour across the u.s now what what do you think the motorcycle riders at sturgis would think if

871
01:13:40,361 --> 01:13:47,221
you showed up with the covered wagon would they be welcoming or would they try and kick you out

872
01:13:47,221 --> 01:13:54,281
for not having a motorcycle that's a good question i i it would be interesting to go up there and see

873
01:13:54,281 --> 01:14:10,414
if we could pass their purity test um do you know do you run a hog um and you know maybe maybe they be open enough to sit around a fire and record a Bitcoin podcast with us even if they didn trust us right away

874
01:14:12,634 --> 01:14:18,234
Horses were the original motorcycle, right?

875
01:14:18,494 --> 01:14:18,994
That's true.

876
01:14:19,114 --> 01:14:19,594
That's true.

877
01:14:19,594 --> 01:14:28,114
it would be uh i think you have to actually ride the horse though uh to be kind of respected or

878
01:14:28,114 --> 01:14:35,754
grandfathered in as a horse rider i think that they probably don't your wife could ride in the

879
01:14:35,754 --> 01:14:41,294
the horse pulled wagon like you know like sometimes the wife rides in the sidecar but i think you'd

880
01:14:41,294 --> 01:14:45,234
have to be the horse rider to get their respect maybe we can we could maybe we can maybe bring

881
01:14:45,234 --> 01:14:54,094
baba with us and baba could kind of be our uh liaison to the um you know to the guys living the

882
01:14:54,094 --> 01:15:03,274
hog life the easy riders at sturgis he can vouch for us i guess he's like these guys uh he'll

883
01:15:03,274 --> 01:15:10,214
appreciate this too uh these guys are bitcoin podcasters but they know how to talk about stuff

884
01:15:10,214 --> 01:15:18,254
other than bitcoin thank god baba is quickly becoming one of my favorite people persons yeah

885
01:15:18,254 --> 01:15:25,654
yeah i think everybody should check out his podcast um with uh he's he's got a co-host i

886
01:15:25,654 --> 01:15:32,974
don't know much about her yet she is uh you know she's just like baba or at least she's not just

887
01:15:32,974 --> 01:15:38,934
like baba but she knows how to take baba's uh personality and uh really get the best out of

888
01:15:38,934 --> 01:15:45,014
them so check it out two angry cunts is the name of their podcast the first episode that i wasn't

889
01:15:45,014 --> 01:15:51,234
to got right to business talking about big titties boobs it was great all tits matter

890
01:15:51,234 --> 01:16:01,954
yeah she uh she's pretty based she's good at podcasting uh yeah so the speaking of shadrack

891
01:16:01,954 --> 01:16:09,614
of course the next one is uh 4093 sats from shadrach he says glad you are back uh 40 hours

892
01:16:09,614 --> 01:16:18,654
per week hashtag yeah shadrach uh thank you for the boost it was uh it would have been great to

893
01:16:18,654 --> 01:16:22,974
see you at lake satoshi that would have been definitely the right vibe for hanging out with

894
01:16:22,974 --> 01:16:30,914
shadrach um but we'll catch you next time we cross paths he was really excited about our episode with

895
01:16:30,914 --> 01:16:33,094
open mic he was shooting me some messages

896
01:16:33,094 --> 01:16:35,134
about it he's

897
01:16:35,134 --> 01:16:37,114
like one of those guys that just like goes

898
01:16:37,114 --> 01:16:39,314
out there and just makes all sorts of things happen

899
01:16:39,314 --> 01:16:40,974
he's a he's a doer for sure

900
01:16:40,974 --> 01:16:43,194
the true pioneer so the last

901
01:16:43,194 --> 01:16:44,834
based hundred sats from

902
01:16:44,834 --> 01:16:47,034
SMB 500

903
01:16:47,034 --> 01:16:48,274
Southside Dave

904
01:16:48,274 --> 01:16:51,254
the B is like a Bitcoin

905
01:16:51,254 --> 01:16:52,954
sign says

906
01:16:52,954 --> 01:16:54,634
thank you Pleditor

907
01:16:54,634 --> 01:16:57,114
Mechanic and Paper Bitcoin Summer

908
01:16:57,114 --> 01:16:59,434
for another all time high

909
01:16:59,434 --> 01:17:06,214
subscribe to the intellectual silk road on fountain and make memes great again oh yeah we

910
01:17:06,214 --> 01:17:13,354
we hit an all-time high last week that's right that's right yeah the bull market's not going

911
01:17:13,354 --> 01:17:23,574
anywhere the bull market is still here um it's a little bit you know it's about as fun as you know

912
01:17:23,574 --> 01:17:30,434
a hand job with no tallow for lube, you know, it's not great, but it's still, you know,

913
01:17:31,194 --> 01:17:37,934
it is still a hand job. And sometimes that's the bull market. You know, we are kind of in a new era.

914
01:17:38,594 --> 01:17:44,934
A lot, we're, we're in a lot more Bitcoin podcasts, a lot more Bitcoin podcasters to really get the

915
01:17:44,934 --> 01:17:52,134
volatility and the excitement per podcaster, uh, that we have in the past. But that is,

916
01:17:52,134 --> 01:17:59,734
that's a sign of growth absolutely is uh well you got any uh any closing thoughts before we

917
01:17:59,734 --> 01:18:09,134
wrap this one up yeah um you know i'll save it now i'll save that for next week but uh

918
01:18:09,134 --> 01:18:18,394
being a node runner is uh it's more than just a symbol being a node runner is a lifestyle it is a

919
01:18:18,394 --> 01:18:25,374
you got to be a pioneer to be you know you got to identify as a pioneer to be a note runner you

920
01:18:25,374 --> 01:18:30,674
can't be a pled and still be a note runner because if you still identify as a plan i just don't know

921
01:18:30,674 --> 01:18:37,434
if you're uh you got an upgrade from the umbrella time to buy a start night absolutely well folks uh

922
01:18:37,434 --> 01:18:45,454
this is the conclusion of this edition of the bugle weekly uh please consider subscribing uh

923
01:18:45,454 --> 01:18:53,794
to the podcast, get access to exclusive content, the most thermodynamically sound content. If you

924
01:18:53,794 --> 01:19:00,274
think this podcast is great, just wait till you see what's behind our, uh, our paywall. And

925
01:19:00,274 --> 01:19:08,274
I'm going to be doing a music show, uh, Monday night on the 18th. So I'm doing that every other

926
01:19:08,274 --> 01:19:13,394
week. Uh, if you want to check that out, I'm going to have some, uh, banger news songs on there.

927
01:19:13,394 --> 01:19:17,494
We got an original from Bubba, which I'm pretty excited about.

928
01:19:18,334 --> 01:19:20,554
First time we're going to feature him.

929
01:19:21,154 --> 01:19:25,214
But thanks again, folks.

930
01:19:25,314 --> 01:19:26,394
Thank you to all the boosters.

931
01:19:26,574 --> 01:19:27,814
Thank you to our subscribers.

932
01:19:28,094 --> 01:19:30,774
Avi, Southside Dave, Open Mic.

933
01:19:31,234 --> 01:19:32,114
Who's the fourth one?

934
01:19:32,514 --> 01:19:33,294
Why am I blanking?

935
01:19:33,494 --> 01:19:33,914
Shadrach.

936
01:19:34,054 --> 01:19:34,574
Shadrach.

937
01:19:35,734 --> 01:19:38,694
And hope you guys have a good week.

938
01:19:40,194 --> 01:19:42,814
I don't know why the Lord cursed me.

939
01:19:42,814 --> 01:19:45,174
With the ability to see

940
01:19:45,174 --> 01:19:48,494
A world trapped in darkness

941
01:19:48,494 --> 01:19:50,534
Thinking that it's free

942
01:19:50,534 --> 01:19:55,154
People walk by with blank expressions

943
01:19:55,154 --> 01:19:57,154
Like they're in a dream

944
01:19:57,154 --> 01:20:00,914
But I can't join them cause I've seen

945
01:20:00,914 --> 01:20:04,994
Things I can't unsee

946
01:20:04,994 --> 01:20:15,434
I begged the Lord to take away the weight on my soul

947
01:20:15,434 --> 01:20:17,754
I begged Him to give me peace

948
01:20:17,754 --> 01:20:21,194
And let me feel like I'm in control

949
01:20:21,194 --> 01:20:24,134
But no matter what I do

950
01:20:24,134 --> 01:20:27,554
I can't shake the image from my head

951
01:20:27,554 --> 01:20:33,354
The only path I can walk is to face the fight ahead

952
01:20:33,354 --> 01:20:43,854
I wandered through the desert till I found out who I am

953
01:20:43,854 --> 01:20:49,014
I learned everything I once believed was a vicious scam

954
01:20:49,014 --> 01:20:55,194
The journey taught me to listen and to let go of regret

955
01:20:55,194 --> 01:21:02,234
Now I'm in paradise, chain smoking cigarettes

956
01:21:02,234 --> 01:21:18,894
The future looks bleak but I cannot accept defeat

957
01:21:18,894 --> 01:21:24,734
Getting backed into a corner with nowhere to retreat

958
01:21:24,734 --> 01:21:30,794
The spiders spin their webs in order to trap those who resist

959
01:21:30,794 --> 01:21:37,254
Yet I choose to walk forward into their midst

960
01:21:37,254 --> 01:21:47,194
When I finally die I know I will have lived well

961
01:21:47,194 --> 01:21:52,694
With a clean conscience that I refuse to sell

962
01:21:52,694 --> 01:21:58,494
The rules of the game are grotesque and insane

963
01:21:58,494 --> 01:22:04,474
But if I do nothing I would be the one to blame

964
01:22:04,474 --> 01:22:14,894
I can't pretend to know how this story ends

965
01:22:14,894 --> 01:22:20,374
But I don't have to walk alone because I'm with friends

966
01:22:20,374 --> 01:22:25,574
The journey is a hard one but is the only one

967
01:22:25,574 --> 01:22:32,314
I know the opportunities before me are ones that I won't forgo

968
01:22:32,314 --> 01:22:42,974
I don't know why the Lord cursed me with the ability to see

969
01:22:42,974 --> 01:22:47,674
A world trapped in darkness thinking that it's free

970
01:22:47,674 --> 01:22:54,294
People walk by with blank stares like they're in a dream

971
01:22:54,294 --> 01:22:58,294
But I can't join them cause I've seen

972
01:22:58,294 --> 01:23:03,654
Things I can't unsee