1
00:00:00,000 --> 00:00:14,480
Jingle bell, jingle bell, jingle bell slop

2
00:00:14,480 --> 00:00:17,020
Content farm Christmas that just won't stop

3
00:00:17,020 --> 00:00:19,400
Scrolling through cheer like a dopamine drop

4
00:00:19,400 --> 00:00:21,900
Yeah, Santa's optimized for clicks on top

5
00:00:21,900 --> 00:00:24,460
Snowflakes fall like algorithm tricks

6
00:00:24,460 --> 00:00:26,900
Influencer elves doing brand new kicks

7
00:00:26,900 --> 00:00:29,320
Buy more joy is the corporate fix

8
00:00:29,320 --> 00:00:31,880
A mistletoe kiss with a paywall twist

9
00:00:31,880 --> 00:00:34,620
Oh, what fun it is to see

10
00:00:34,620 --> 00:00:37,200
The plebs lops surf so merrily

11
00:00:37,200 --> 00:00:39,380
Wrapped in bows of irony

12
00:00:39,380 --> 00:00:41,840
A hallmark heart with no battery

13
00:00:41,840 --> 00:00:46,540
Jingle bell, jingle bell, jingle bell slop

14
00:00:46,540 --> 00:00:48,960
Bubbles of nonsense you can't unstop

15
00:00:48,960 --> 00:00:51,460
We deck these halls till we all just drop

16
00:00:51,460 --> 00:00:53,960
A Christmas made from recycled pop

17
00:00:59,320 --> 00:01:02,680
Jingle bells flop in a sleigh ride haze

18
00:01:02,680 --> 00:01:05,020
Masked ennui with a candy cane glaze

19
00:01:05,020 --> 00:01:07,520
We're singing old songs and new cliché ways

20
00:01:07,520 --> 00:01:10,080
Tinsel on truth but the shine decays

21
00:01:10,080 --> 00:01:12,320
Grandma says honey enjoy the night

22
00:01:12,320 --> 00:01:14,860
But I'm doom scrolling by LED lights

23
00:01:14,860 --> 00:01:17,440
It's chestnuts roasting in corporate rights

24
00:01:17,440 --> 00:01:19,960
A festive fight for the cheapest flights

25
00:01:19,960 --> 00:01:22,660
Oh what fun it is to see

26
00:01:22,660 --> 00:01:25,200
The platform surf so merrily

27
00:01:25,200 --> 00:01:27,380
Shaining perfect 1080

28
00:01:27,380 --> 00:01:30,080
Sponsored joy from A to Z

29
00:01:30,080 --> 00:01:32,680
Jingle bell, jingle bell, jingle bell, slop

30
00:01:32,680 --> 00:01:34,900
Buy one spirit, get one free hop

31
00:01:34,900 --> 00:01:37,140
We toast to hope at the Photoshop shop

32
00:01:37,140 --> 00:01:39,920
Marry memes that never quite pop

33
00:01:39,920 --> 00:01:47,060
Ring-a-ling, hear them sing

34
00:01:47,060 --> 00:01:49,340
Tastic angels on a plastic string

35
00:01:49,340 --> 00:01:51,600
If Christmas is a mood, I'm buffering

36
00:01:51,600 --> 00:01:54,300
But the slop still hits like everything

37
00:01:54,300 --> 00:01:56,780
Deck the beat, repeat, repeat

38
00:01:56,780 --> 00:01:59,140
Holiday highs from a peppermint tweet

39
00:01:59,140 --> 00:02:01,700
We chase that cheer like a limited seat

40
00:02:01,700 --> 00:02:06,880
Even our longing sounds offbeat

41
00:02:06,880 --> 00:02:13,220
Oh, what fun it is to be

42
00:02:13,220 --> 00:02:15,440
A sloth-fed choir of irony

43
00:02:15,440 --> 00:02:17,960
Laughing through obscurity

44
00:02:17,960 --> 00:02:20,360
Cause Christmas sold the warranty

45
00:02:20,360 --> 00:02:23,100
Jingle bell, jingle bell, jingle bell flop

46
00:02:23,100 --> 00:02:25,380
A merry mess we can't photoshop

47
00:02:25,380 --> 00:02:27,580
But raise your glass till the algorithms stop

48
00:02:27,580 --> 00:02:32,760
Here's to Christmas in all our slums

49
00:02:32,760 --> 00:02:37,120
Here's to her flops

50
00:02:37,120 --> 00:02:52,840
Welcome back to another episode of Behind the Podcast

51
00:02:52,840 --> 00:03:00,940
Today it is just me, Rod Palmer, and I am speaking to Rob from Bitcoin News.

52
00:03:01,440 --> 00:03:06,980
And, you know, if you haven't listened to Behind the Podcast before,

53
00:03:07,540 --> 00:03:10,240
it's kind of a reference, and I'm sure you will understand this one, Rob.

54
00:03:10,340 --> 00:03:11,620
It's like Inside Baseball.

55
00:03:12,560 --> 00:03:16,980
It's a podcast about podcasters with podcasters,

56
00:03:16,980 --> 00:03:18,600
talking to other podcasters,

57
00:03:18,600 --> 00:03:23,220
in getting into the details inside the podcast industry.

58
00:03:24,320 --> 00:03:26,080
So welcome to have you on.

59
00:03:26,160 --> 00:03:29,800
You're a fellow potential journalist and podcaster.

60
00:03:29,980 --> 00:03:30,760
It's great to have you here.

61
00:03:31,980 --> 00:03:32,980
Thank you very much for having me.

62
00:03:33,500 --> 00:03:38,360
It's a pleasure and ready to divulge some secrets inside baseball,

63
00:03:38,900 --> 00:03:40,500
the industry nitty gritty.

64
00:03:42,040 --> 00:03:42,320
Hell yeah.

65
00:03:42,320 --> 00:03:47,540
So right now, well, actually a little back story.

66
00:03:48,600 --> 00:03:52,200
I don't know, BitcoinNews.com has been around for a few years,

67
00:03:52,200 --> 00:03:55,140
and it's definitely risen a lot in the past, maybe two or three.

68
00:03:55,260 --> 00:04:00,660
But in the early days, there was a conspiracy by Dick Whitman,

69
00:04:00,800 --> 00:04:04,440
ghost of Dick Whitman, who many people have seen on the timeline.

70
00:04:04,980 --> 00:04:09,500
And he thought that you were the Krasistein brothers.

71
00:04:10,200 --> 00:04:14,940
So just to clear things up, are you the third Krasistein brother,

72
00:04:14,940 --> 00:04:18,860
or is that just a totally off-base conspiracy?

73
00:04:19,740 --> 00:04:21,820
I'd be a lot cooler if I was.

74
00:04:22,200 --> 00:04:27,860
I mean, who has the ability to turn a Justin Bieber fan club page

75
00:04:27,860 --> 00:04:31,900
into a political career of being Trump's number one troll

76
00:04:31,900 --> 00:04:33,680
during his first administration, right?

77
00:04:34,400 --> 00:04:36,820
No, we have absolutely nothing to do with the Krasensteins,

78
00:04:36,900 --> 00:04:37,580
but that was hilarious.

79
00:04:37,820 --> 00:04:41,580
Dick Whitman, he's a frequent commenter on our stuff,

80
00:04:41,580 --> 00:04:47,640
usually something like hey this guy talks about crypto don't fucking bring him up at all please

81
00:04:47,640 --> 00:04:54,360
because this is bitcoin only um and but he's i mean bitcoin has its immune system and i feel

82
00:04:54,360 --> 00:05:00,300
like dick webin is a is a part of that you know he's part of the predator uh milieu and they they

83
00:05:00,300 --> 00:05:04,620
have a role to play and i i'm thankful for it because bitcoin wouldn't be the same without him

84
00:05:04,620 --> 00:05:11,520
but no we are not affiliated with the krasnesteins whatsoever no it's interesting though because in

85
00:05:11,520 --> 00:05:21,920
between uh the justin bieber fantages and you know whatever it is that they are now um they

86
00:05:21,920 --> 00:05:32,200
they were bitcoiners and they famously you know were running into problems with the feds with the

87
00:05:32,200 --> 00:05:39,320
law uh in their dealings with bitcoin and i it makes me wonder do you think they're like the

88
00:05:39,320 --> 00:05:41,420
big quarter like Pledger who goes to Dick Whitman

89
00:05:41,420 --> 00:05:43,340
that you just mentioned. If it

90
00:05:43,340 --> 00:05:45,200
came down to it, they would put free to

91
00:05:45,200 --> 00:05:47,440
Krasnestein's in their profile

92
00:05:47,440 --> 00:05:48,820
if they needed a pardon

93
00:05:48,820 --> 00:05:51,380
from President Trump. I don't think he would give it to them though.

94
00:05:53,200 --> 00:05:53,440
Free

95
00:05:53,440 --> 00:05:55,360
Krasnestein's day two. That's

96
00:05:55,360 --> 00:05:57,060
the new slogan right there.

97
00:05:57,920 --> 00:05:58,880
Yeah, I think

98
00:05:58,880 --> 00:06:01,460
if they were

99
00:06:01,460 --> 00:06:03,560
breaking the law in the right way

100
00:06:03,560 --> 00:06:05,500
and they were Bitcoiners, then they'd definitely

101
00:06:05,500 --> 00:06:07,360
be supported by the Dick

102
00:06:07,360 --> 00:06:08,300
Whitman's for sure.

103
00:06:09,320 --> 00:06:20,820
um so you i mean you report the news right and you're at the intersection of this wave of media

104
00:06:20,820 --> 00:06:28,960
we've got right now i call it plug slop uh invasion and farming uh it announcements

105
00:06:28,960 --> 00:06:34,400
everybody's begging for a dennis porter announcement we haven't had one in months

106
00:06:34,400 --> 00:06:42,880
How do you figure out what is newsworthy and what is plot slot?

107
00:06:43,420 --> 00:06:44,380
How do you do that?

108
00:06:45,380 --> 00:06:46,260
Great question.

109
00:06:46,580 --> 00:06:48,940
And it's something that I have to face every single day.

110
00:06:49,640 --> 00:07:03,520
Because there definitely is, I mean, when you see someone who's as credentialed and as respected as a Bitcoin historian, like Pete Rizzo, go down the path that he has the last year.

111
00:07:03,520 --> 00:07:06,320
I mean, there definitely is something to it.

112
00:07:06,520 --> 00:07:08,140
There's an allure there, right?

113
00:07:08,240 --> 00:07:12,020
There's a calling from the plebslop abyss that says,

114
00:07:12,320 --> 00:07:16,040
hey, you're going to get the clicks, the Twitter bucks,

115
00:07:16,340 --> 00:07:20,620
the engagement that your dopamine deprived brain so desperately needs.

116
00:07:20,780 --> 00:07:26,900
If you go all caps, if you say buckle up, if you put a rocket emoji.

117
00:07:26,900 --> 00:07:35,500
um and if you do those things i mean again i'm at first it was sort of annoying to me when we saw

118
00:07:35,500 --> 00:07:39,800
that real big change i think it was this year right i mean i think it was early 2025 that we

119
00:07:39,800 --> 00:07:46,320
saw this sea change in how sort of the bitcoin news world was reported and i mean power to them

120
00:07:46,320 --> 00:07:52,260
it worked for them there's a whole class of of of twitter users that really uh leaned into it hard

121
00:07:52,260 --> 00:07:56,540
and were able to get the impressions that they wanted and needed.

122
00:07:58,140 --> 00:08:02,640
I'm pretty proud of the fact that we did not lean into the all caps, right?

123
00:08:02,880 --> 00:08:03,880
I mean, we use some caps.

124
00:08:03,960 --> 00:08:04,420
Yeah, of course.

125
00:08:04,420 --> 00:08:08,340
But going all caps, if you're not, to use, yeah.

126
00:08:09,900 --> 00:08:12,580
Then, I mean, what are we doing here?

127
00:08:13,620 --> 00:08:16,040
Am I a credentialed journalist?

128
00:08:16,200 --> 00:08:18,880
No, I mean, I studied international relations, right?

129
00:08:18,880 --> 00:08:22,540
I mean, I've always found history and the news and geopolitics very interesting.

130
00:08:23,040 --> 00:08:25,800
And Bitcoin, of course, fits all right into that.

131
00:08:26,160 --> 00:08:38,240
But when you do start getting a certain amount of impressions, there is a sort of a, there's a duty that you have to, I think, I guess the best way to put it is, do you respect your audience or not?

132
00:08:39,020 --> 00:08:42,500
And I think I try to make an effort to respect my audience.

133
00:08:43,300 --> 00:08:46,620
So, I mean, I do like to add in some humor.

134
00:08:46,620 --> 00:08:49,540
Like, I do think some of the things and it's a process, right?

135
00:08:49,540 --> 00:08:52,260
You figure out how to post online and what works and what doesn't.

136
00:08:52,340 --> 00:08:56,720
And I think some of the things work better than others.

137
00:08:57,060 --> 00:09:03,860
The pure slop, all caps, works well, better than trying to do some sort of edgy or nuanced

138
00:09:03,860 --> 00:09:04,280
joke.

139
00:09:04,760 --> 00:09:05,720
Nuance doesn't work, right?

140
00:09:05,800 --> 00:09:06,840
Nuance doesn't work at all.

141
00:09:06,940 --> 00:09:10,560
But I think you got to, if you're going to do this every single day, you got to make sure

142
00:09:10,560 --> 00:09:12,320
that you're doing it because you enjoy it.

143
00:09:12,340 --> 00:09:12,700
It's fun.

144
00:09:12,800 --> 00:09:14,680
And you're actually providing value.

145
00:09:16,120 --> 00:09:16,520
Exactly.

146
00:09:16,620 --> 00:09:25,800
I think it's good to have a decentralized, diverse choice of content and news to consume.

147
00:09:25,960 --> 00:09:29,700
I mean, if you want pure Plexlock, you've got Rizzo, you've got Bitcoin Magazine.

148
00:09:30,540 --> 00:09:35,260
If you want satire, those are available.

149
00:09:35,580 --> 00:09:37,700
But people just want news.

150
00:09:37,840 --> 00:09:38,320
And you know what?

151
00:09:40,320 --> 00:09:44,900
I would say it's like between you, you're kind of like the New York.

152
00:09:44,900 --> 00:09:52,580
I mean you're the new your bitcoin news you're the new york uh uh paper or podcast of record

153
00:09:52,580 --> 00:09:58,100
there we go the podcast of record for news and I would say simply bitcoin is you know the Miami

154
00:09:58,100 --> 00:10:06,460
uh you know podcast of record like I don't know do do we need to we have an LA a Los Angeles

155
00:10:06,460 --> 00:10:19,345
who the wet west coast podcast of record and is there can you maybe we could fill out all the regions honestly yeah um i mean philadelphia that got to be that got to be ragnall recap right

156
00:10:19,345 --> 00:10:27,425
king of philly yes that that that works there um in turn i mean i think i think mccormick is

157
00:10:27,425 --> 00:10:32,665
pretty hollywood i mean he might be bedford but um him and then of course his predecessor danny

158
00:10:32,665 --> 00:10:40,705
knolls daniel's very fashionable he wears high-end t-shirts and he i think i think he's pretty look

159
00:10:40,705 --> 00:10:46,905
conscious but i mean that's the brand right it's the black the white the pink the um nouveau

160
00:10:46,905 --> 00:10:52,885
marketing they know what they're doing everything is very uh polished and i think that i would say

161
00:10:52,885 --> 00:11:04,685
that's the la right there well i like that um is there is there competition or how would you

162
00:11:04,685 --> 00:11:11,485
describe the competitive nature of being a journalist in bitcoin in terms of you know

163
00:11:11,485 --> 00:11:18,705
other markets other cities like we just talked about other you know niches or you know you've

164
00:11:18,705 --> 00:11:25,785
got like your the rage right and they're like covering kyc and privacy stuff like that's

165
00:11:25,785 --> 00:11:31,525
super paranoid tech rag you know not and i don't i don't say that in a uh

166
00:11:31,525 --> 00:11:38,225
negative way uh but you'd ever say right how would you describe it from your perspective doing

167
00:11:38,225 --> 00:11:46,805
you know the news just straight up the news yeah it's uh it's it's a competition but i mean we're

168
00:11:46,805 --> 00:11:52,745
all on the same team, right? And I think that you've got to respect people for what they do,

169
00:11:52,805 --> 00:11:56,045
because at the end of the day, we're all playing the same game. We're all trying to fight the same

170
00:11:56,045 --> 00:12:01,225
fight. And at the end of the day, we are doing it, I think, most of us for the right reasons,

171
00:12:01,265 --> 00:12:05,625
right? We want more people to know about Bitcoin. We want more people to be able to protect themselves

172
00:12:05,625 --> 00:12:11,705
and their purchasing power and hopefully believe in a future that is brighter than what we're

173
00:12:11,705 --> 00:12:17,725
living in today. I think that's the real goal of us Bitcoiner evangelists. But there is competition,

174
00:12:17,865 --> 00:12:22,825
of course. I mean, we all are pretty much fighting for the same limited number of eyeballs of people

175
00:12:22,825 --> 00:12:27,965
that are actually generally interested in this stuff. And especially, I mean, the hard part is

176
00:12:27,965 --> 00:12:34,385
trying to make a business out of this, right? Sponsorships. Bitcoin companies are notoriously

177
00:12:34,385 --> 00:12:39,325
frugal. They don't like to throw the money around. And of course, they can't print a coin out of

178
00:12:39,325 --> 00:12:46,005
in there like these altcoins can, so they can't give you that either. And Bitcoiners will also

179
00:12:46,005 --> 00:12:52,865
call you out the second that you promote anything that is slightly out of bounds in terms of the

180
00:12:52,865 --> 00:12:59,085
Bitcoin ethos. So it makes it difficult to run a business, especially a sponsorship-based one,

181
00:12:59,245 --> 00:13:03,605
an ad-based one. And so you got to find ways outside of the box to try to make it work,

182
00:13:03,605 --> 00:13:08,645
you know, consulting, helping businesses with their marketing, all that kind of stuff.

183
00:13:08,645 --> 00:13:13,685
So when it comes to making money straight off of content, it takes it takes years, right?

184
00:13:14,105 --> 00:13:19,905
You've got to build an audience and you've got to have people believe in you and trust you.

185
00:13:20,145 --> 00:13:25,145
And then you can actually get some companies to start opening their pocketbooks.

186
00:13:25,525 --> 00:13:28,785
But and I think that's sort of where competition might come from.

187
00:13:29,605 --> 00:13:35,985
But at the end of the day, I the only people that annoy me are the ones who I think are

188
00:13:35,985 --> 00:13:37,145
doing it the wrong way.

189
00:13:37,145 --> 00:13:42,765
and I would say it's uh I would say 80% of Bitcoin media is doing it the right way so

190
00:13:42,765 --> 00:13:51,145
I'm not too much of a curmudgeon about all this you know do you guys do you just wish

191
00:13:51,145 --> 00:13:56,405
sailor would say stop you ever sell your Bitcoin because you're right like the Bitcoin industry

192
00:13:56,405 --> 00:14:04,605
the companies right they are frugal they are very uh hyped with their pocketbook uh and it's you

193
00:14:04,605 --> 00:14:08,085
It seems like a culture problem.

194
00:14:08,265 --> 00:14:09,325
And who sets the culture?

195
00:14:09,765 --> 00:14:10,225
It's Saylor.

196
00:14:10,885 --> 00:14:21,265
And we need him to let the pod comp understand it's okay to sell your Bitcoin to other Bitcoiners.

197
00:14:22,405 --> 00:14:23,045
Exactly.

198
00:14:23,545 --> 00:14:24,225
Yeah, dude.

199
00:14:24,225 --> 00:14:30,205
I mean, I want a piece of digital Manhattan each time I open up Riverside, right?

200
00:14:30,305 --> 00:14:32,865
That's my right as a Bitcoin podcaster.

201
00:14:32,865 --> 00:14:37,905
sir. I need a slice of your digital capital, sir. Uh, I don't want you to refine it. I don't want

202
00:14:37,905 --> 00:14:44,225
you to be the ExxonMobil turning that digital capital into a digital cash. I want, I want the

203
00:14:44,225 --> 00:14:49,065
capital of software, right? Like peel me off a piece, send it to me. I'll be, I'll be a happy

204
00:14:49,065 --> 00:15:02,785
Bitcoin boy. Oh yeah. Um, did the Bitcoin news participate in paper Bitcoin summer or the, uh,

205
00:15:02,865 --> 00:15:08,705
the paper bitcoin you know praise so to speak i guess was what was that like

206
00:15:08,705 --> 00:15:17,625
covering you know the uh probably the the coolest summer in bitcoin history

207
00:15:17,625 --> 00:15:25,065
pretty much the coolest thing to ever happen to us uh no i mean it was very interesting to see in

208
00:15:25,065 --> 00:15:30,105
terms of media the amount of people that were sort of able to create a meteoric rise for themselves

209
00:15:30,105 --> 00:15:36,585
literally go from doing Twitter posts to podcast appearances, creating a podcast to being part of

210
00:15:36,585 --> 00:15:43,065
a management team of a publicly traded company. There was a fast track for that this last year.

211
00:15:43,225 --> 00:15:46,785
And I think that is like the definition of people who really, I guess, quote unquote,

212
00:15:46,785 --> 00:15:55,105
want Paper Bitcoin Summer, right? I think from my standpoint, it sells clicks, right? People

213
00:15:55,105 --> 00:16:00,405
really were into it uh all these companies because it's so funny being in the middle of a media

214
00:16:00,405 --> 00:16:08,665
right i mean like 2021 bitcoin itself um elon buying like the whole world's gonna be taken over

215
00:16:08,665 --> 00:16:16,945
uh then smarter web company meta planet so you know uh there's a spanish coffee shop buying bitcoin

216
00:16:16,945 --> 00:16:24,325
uh so i mean it and in the moment it feels like it's that there's a paradigm change right that

217
00:16:24,325 --> 00:16:28,665
there's a phase shift that things are forever going to be different rather than this is just

218
00:16:28,665 --> 00:16:34,725
this is a brief blip of time that is completely ephemeral and things are going to revert very

219
00:16:34,725 --> 00:16:39,785
quickly very harshly and a lot of people are going to have egg on their face so i mean you report on

220
00:16:39,785 --> 00:16:49,145
it of course uh but i don't think that we were ever treasury fan voice right um but uh we've done

221
00:16:49,145 --> 00:16:53,885
some podcasts with uh with treasury company people and whatnot and i i mean they're part of the the

222
00:16:53,885 --> 00:16:59,345
scene they're part of the industry so you got to talk to them um but uh never go full treasury

223
00:16:59,345 --> 00:17:09,005
company never go i mean no that's for sure i yeah i know well i'm 100 nstr zero percent bitcoin

224
00:17:09,005 --> 00:17:16,185
because i want to ride the fastest horse it's like come on oh yeah uh no i'll be the first to

225
00:17:16,185 --> 00:17:22,465
tell you paper bitcoin summer parties are the best parties uh all the hot chicks it's it but

226
00:17:22,465 --> 00:17:27,625
You do have to deal with the paper Bitcoiners, unfortunately, when you're at the paper Bitcoiners parties.

227
00:17:29,225 --> 00:17:32,825
You know, though, you thought I mentioned it.

228
00:17:33,145 --> 00:17:46,925
We talked about it on here all 2025 and then, you know, going back to 2024, the importance of listening to podcasts, starting a podcast and just the podcast in general.

229
00:17:46,925 --> 00:17:51,285
And boy, you know, that thesis was proven correct.

230
00:17:51,285 --> 00:18:00,465
nobody's risen yeah 2025 was the year of the podcaster for the better and worse it end of 2025

231
00:18:00,465 --> 00:18:08,865
now we're we're seeing the the consequences of giving podcasters too much power and control

232
00:18:08,865 --> 00:18:18,625
in society control the fbi control of the media there's very little that isn't influenced directly

233
00:18:18,625 --> 00:18:21,525
or indirectly by podcasters and listening to podcasts.

234
00:18:22,765 --> 00:18:27,425
What do you think, like, how would you grade podcasters this year?

235
00:18:27,865 --> 00:18:32,765
And, you know, is it about having the right podcasters in the positions

236
00:18:32,765 --> 00:18:40,705
and just not having the one, you know, bad podcasters in important positions

237
00:18:40,705 --> 00:18:43,225
or do podcasters need to be more humble?

238
00:18:43,225 --> 00:18:52,125
I mean, what's funny is that a lot of people who are, quote unquote, the powerful and elite want to be podcasters, right?

239
00:18:52,225 --> 00:18:54,405
Because it's a hack.

240
00:18:54,565 --> 00:19:05,085
The fact that you can actually become a habit into somebody's weekly rituals and get an hour of their brain time directly speaking into their eardrums.

241
00:19:05,225 --> 00:19:06,405
I mean, that's power, right?

242
00:19:06,425 --> 00:19:07,805
That's power that's never been had before.

243
00:19:07,805 --> 00:19:13,065
kings of the past would die for that power to speak directly to their thousands of citizens

244
00:19:13,065 --> 00:19:20,625
or subjects for an hour a week and it's it's so bad that i mean chamoff chamoff not only became a

245
00:19:20,625 --> 00:19:26,105
a podcaster but also a newsletter writer right i mean because he just it was too he loves the power

246
00:19:26,105 --> 00:19:32,045
so much that this job entails uh and i think another really telling sign is that the number

247
00:19:32,045 --> 00:19:38,505
two in the FBI, Don Bongino, he said today that he's stepping down to return to the microphone,

248
00:19:38,825 --> 00:19:46,145
right? And it was really funny to see the comments underneath his post announcing his resignation,

249
00:19:46,405 --> 00:19:50,145
saying, one saying, we need you there. The next one saying, we need you on the microphone,

250
00:19:50,145 --> 00:19:54,745
right? So if you're really in this, once you've reached a certain level of power in society,

251
00:19:54,745 --> 00:20:01,085
you really are torn between a frontward facing position in society and being behind the microphone.

252
00:20:01,085 --> 00:20:09,245
it's uh there's two wolves right yeah and honestly something that maybe not enough people think about

253
00:20:09,245 --> 00:20:17,885
is the massive l that the podcast fans of fallen podcasters feel in a moment like this i mean

254
00:20:17,885 --> 00:20:34,771
the ambon gino talked he talked very tough about when he was going into this job right and he got there and he looked like he was like a month in and they had Dan Bongino on a podcast and he looked like he had seen a ghost

255
00:20:35,451 --> 00:20:38,851
And he was like, he was kind of like, he didn't know how to answer.

256
00:20:39,551 --> 00:20:44,731
And he was like, I wasn't ready for this, apparently.

257
00:20:44,791 --> 00:20:45,551
That's what it seemed like.

258
00:20:45,551 --> 00:20:46,451
And now he's stepping down.

259
00:20:46,551 --> 00:20:47,471
He wants to be with his family.

260
00:20:47,471 --> 00:20:55,851
to i think we as podcasters do need to uh like i said be a little bit more humble because

261
00:20:55,851 --> 00:21:03,791
there's just more examples of it justin bachler went on the what is money podcast with uh robert

262
00:21:03,791 --> 00:21:09,971
prelove and uh robert brelove asked him one question which is that you know the question

263
00:21:09,971 --> 00:21:15,170
he asks on every episode was my and justin bachler didn't have any answer for me spent the rest of the

264
00:21:15,170 --> 00:21:21,951
hour trying to figure out how to talk around it we need to have answers so do you think before you

265
00:21:21,951 --> 00:21:29,791
start a podcast you need to have some answers to help to help people point them in the right

266
00:21:29,791 --> 00:21:36,851
direction give them good information or it's like do you go like the what bitcoin did peter mcormack

267
00:21:36,851 --> 00:21:44,011
and you have to ask all your guests for the answers i think i think there are two roads i but

268
00:21:44,011 --> 00:21:47,411
You can either have the answers or you can have the Riz.

269
00:21:47,731 --> 00:21:54,991
If you've got the Riz, if you've got the way to carry a conversation, be aw shucks, poor little dumb me, please tell me the answer.

270
00:21:55,551 --> 00:22:02,930
But still make the other person laugh and have a good time and have the listeners be a part of that enjoyment for that hour.

271
00:22:03,291 --> 00:22:04,491
Then I think you can.

272
00:22:04,671 --> 00:22:05,591
That is a viable option.

273
00:22:05,871 --> 00:22:10,111
You don't need to have the answers, but you need to be able to ask the right questions.

274
00:22:10,791 --> 00:22:12,631
And yeah, have the Riz, man.

275
00:22:12,711 --> 00:22:13,591
You got to have the Riz.

276
00:22:14,011 --> 00:22:27,491
do you um do you have like any problems with the plebs did the plebs ever you know trying to pile

277
00:22:27,491 --> 00:22:31,951
in on your mansions call you a scammer do you ever had run-ins with them i don't know have you

278
00:22:31,951 --> 00:22:36,311
ever seen trailer park boys but i kind of think of the plebs like the bottle kits they just never

279
00:22:36,311 --> 00:22:42,471
know when they're gonna come around and just pelt you with empty uh beer mail beer and wine bottles

280
00:22:42,471 --> 00:22:46,111
but have you ever had a run in with them in your career so far?

281
00:22:48,131 --> 00:22:52,471
Yeah, I mean, Dick Whitman, I think he could classify as a bottle kid,

282
00:22:52,731 --> 00:22:57,071
but he serves his purpose and he's done well and like nothing personal, right?

283
00:22:57,171 --> 00:23:02,131
He's never called me a scammer, but he's definitely says that we platform.

284
00:23:02,631 --> 00:23:06,731
If we say a quote from Scaramucci, then we're quote unquote platforming shit corners.

285
00:23:06,891 --> 00:23:08,551
So we can't be doing that.

286
00:23:08,551 --> 00:23:12,571
one time Plutterdirt did get mad at us for

287
00:23:12,571 --> 00:23:17,991
I mean I post most of the things on Bitcoin News

288
00:23:17,991 --> 00:23:20,891
but I got one other guy who works with me

289
00:23:20,891 --> 00:23:26,271
and he posted a Arkham screenshot

290
00:23:26,271 --> 00:23:30,171
saying that maybe Hal Finney's wife had moved some coins

291
00:23:30,171 --> 00:23:33,011
right and Plutter quote tweeted that

292
00:23:33,011 --> 00:23:36,571
called us a bunch of grifters and pieces of shit for reporting that news

293
00:23:36,571 --> 00:23:45,711
oh i i didn't even have to ask if you've had run-ins of platter everybody's had runs that

294
00:23:45,711 --> 00:23:54,791
run-ins with platter is especially journalist a platter is especially uh a sniper to terms

295
00:23:54,791 --> 00:24:02,191
and you had any other run-ins with him uh has he been a a consistent adversary

296
00:24:02,191 --> 00:24:11,031
not even actually he sort of steers clear of us um in a lot of ways i think one time he actually

297
00:24:11,031 --> 00:24:17,311
did give us a compliment back early on i think this was like 2023 he said that uh these guys

298
00:24:17,311 --> 00:24:21,611
where's their engagement farming whatever but they they sort of do it the right way something to that

299
00:24:21,611 --> 00:24:27,711
uh extent so i mean i i respect that i i took that i actually i felt good when he said that

300
00:24:27,711 --> 00:24:30,331
You know, that was a, that was a nice thing that Clutter said about us.

301
00:24:30,911 --> 00:24:39,871
Um, but yeah, I, uh, oh, and then at one time he wanted to talk, he was looking for people

302
00:24:39,871 --> 00:24:42,331
who could do, uh, like follow some coin.

303
00:24:42,411 --> 00:24:46,471
I think he was trying to track if like Trump had sold that, uh, Cassius coin, right.

304
00:24:46,651 --> 00:24:48,631
That, uh, Bailey had gave him on stage.

305
00:24:49,011 --> 00:24:53,611
And I offered to introduce him to some people who might be able to help him.

306
00:24:53,631 --> 00:24:55,811
He's like, no, I like, no, I don't care.

307
00:24:55,811 --> 00:24:58,531
But yeah, that's, I think, like the extent of that.

308
00:24:59,891 --> 00:25:02,871
That's interesting.

309
00:25:04,411 --> 00:25:06,611
The compliment is funny.

310
00:25:07,911 --> 00:25:16,811
The idea of like the altruistic engagement farmer or something like that, where it's.

311
00:25:19,691 --> 00:25:22,051
It's just a lack of self-awareness of plethora.

312
00:25:22,051 --> 00:25:25,771
He's just, you know, he's their engagement farming like everybody else.

313
00:25:25,811 --> 00:25:32,571
and it's sometimes it seems like like you these type of guys are the only ones who don't get

314
00:25:32,571 --> 00:25:37,851
they don't get it they don't realize that their engagement farming tier like it's if you're on a

315
00:25:37,851 --> 00:25:45,071
marketing platform like if you think about how monetized everything has become and if you really

316
00:25:45,071 --> 00:25:52,051
think about plums lab like how do you describe it it is just those breaking with the uh the the

317
00:25:52,051 --> 00:25:58,971
siren and then like say some just a headline just very very obviously pointed headline where it's

318
00:25:58,971 --> 00:26:03,831
like this post is about making money and this platform is about making money and like all these

319
00:26:03,831 --> 00:26:12,091
ads in the battles of uh between the advertisers and twitter and hey just your very presence at

320
00:26:12,091 --> 00:26:19,311
this point and not just presence but if there's any obvious effort being put into your communication

321
00:26:19,311 --> 00:26:24,031
and your timeline and in the information and the content you're putting out there your engagement

322
00:26:24,031 --> 00:26:29,991
for me like that's that's what it is and he's got more followers he's got you know how many people

323
00:26:29,991 --> 00:26:38,011
in the role have 30 50 000 followers um and it's that's why he's such a he's such a special character

324
00:26:38,011 --> 00:26:45,751
to me he's just totally unselfaware but he's so good at it nonetheless no i i mean i respect it

325
00:26:45,751 --> 00:26:47,411
You know, I, I do.

326
00:26:47,411 --> 00:26:53,531
And what's really funny is how when you're online for six, seven, eight hours a day,

327
00:26:53,651 --> 00:26:58,991
I mean, these, these people do sort of occupy some mental space because you see them all

328
00:26:58,991 --> 00:27:01,131
the time and you see their thoughts and you see their stances.

329
00:27:01,131 --> 00:27:07,071
And so like, when you see that predator profile picture of like that anime guy, I mean, you

330
00:27:07,071 --> 00:27:14,111
like in your mind, I, I first, I thought, what if he's like some six foot four Indiana

331
00:27:14,111 --> 00:27:19,711
that corn-fed Chad who's like just holding down the law and has like really pure morals.

332
00:27:19,711 --> 00:27:23,051
It doesn't tweet like a Chad, I'll tell you that.

333
00:27:23,611 --> 00:27:31,151
And then I saw your guys like AI rendition of him sitting amongst his like Pokemon toys

334
00:27:31,151 --> 00:27:36,431
as a overweight basement dweller and that really just completely threw me for a loop.

335
00:27:36,531 --> 00:27:39,591
I was like, oh my God, I've had this guy all wrong in my head maybe.

336
00:27:40,311 --> 00:27:41,851
And so you just don't know.

337
00:27:41,851 --> 00:27:42,871
You just don't know.

338
00:27:42,871 --> 00:27:51,671
if you if you want to be thrown for another just as crazy wild loop um i got a a message on telegram

339
00:27:51,671 --> 00:27:58,311
the other day from two different people in two different channels one was from uh from loveka

340
00:27:58,311 --> 00:28:07,631
and one was from shinobi and they were both uh a close by platter where he was he was talking about

341
00:28:07,631 --> 00:28:15,171
basically going and copping some new you know fresh sneakers and just the way it read and it

342
00:28:15,171 --> 00:28:22,131
was like oh no we've got flutter all wrong flutter is you know uh one of those weed of black weaves

343
00:28:22,131 --> 00:28:26,431
like the black days you were super nerdy and into anime and like bitcoin and shit and it's like

344
00:28:26,431 --> 00:28:34,291
oh my god it could i could see that and it blows my mind wow

345
00:28:34,291 --> 00:28:44,931
wow a black midwest dude who's a nerd in high school wow that does check some boxes that could

346
00:28:44,931 --> 00:28:51,671
work there um and then just the anime picture is his profile just to really throw you on descent but

347
00:28:51,671 --> 00:28:59,671
that makes sense thinking about thinking about pletterer listening 40 hours of kid kidey over

348
00:28:59,671 --> 00:29:01,451
and over 15 years ago

349
00:29:01,451 --> 00:29:03,671
like that it starts to

350
00:29:03,671 --> 00:29:05,771
make a little bit more sense you know

351
00:29:05,771 --> 00:29:07,271
dude imagine

352
00:29:07,271 --> 00:29:09,511
Predator, Loka and Shinobi

353
00:29:09,511 --> 00:29:11,371
locked in a room for

354
00:29:11,371 --> 00:29:13,611
48 hours I wonder what would be the

355
00:29:13,611 --> 00:29:15,591
outcome of that situation

356
00:29:15,591 --> 00:29:18,751
oh my god

357
00:29:18,751 --> 00:29:23,211
it's like

358
00:29:23,211 --> 00:29:24,611
unmovable

359
00:29:24,611 --> 00:29:26,891
force or like the

360
00:29:26,891 --> 00:29:29,351
unstoppable force versus the immovable

361
00:29:29,351 --> 00:29:37,331
object it's like the unstoppable ray of sunshine versus the uh you know all massive black hole and

362
00:29:37,331 --> 00:29:43,371
then you just have like shinobi i don't know where he would fit in there except for it would

363
00:29:43,371 --> 00:29:51,091
he would probably be maximally annoyed like it seems like those two others like clashing with

364
00:29:51,091 --> 00:29:55,731
each other would be the most annoying thing possible to shinobi and it would be his his

365
00:29:55,731 --> 00:29:56,751
retarded hell.

366
00:29:57,911 --> 00:30:00,031
But I think the fact that the two

367
00:30:00,031 --> 00:30:01,891
of them both messaged you

368
00:30:01,891 --> 00:30:04,171
about a predator post

369
00:30:04,171 --> 00:30:05,971
just shows how you're really in the

370
00:30:05,971 --> 00:30:07,931
pocket, dude. Like, you're at the nexus of

371
00:30:07,931 --> 00:30:10,071
so much of this culture

372
00:30:10,071 --> 00:30:12,071
and community. And

373
00:30:12,071 --> 00:30:14,031
did you ever

374
00:30:14,031 --> 00:30:16,111
think that you would find yourself in such a position

375
00:30:16,111 --> 00:30:18,131
of, like, really having your finger

376
00:30:18,131 --> 00:30:20,171
on the pulse in such a

377
00:30:20,171 --> 00:30:21,871
strong way?

378
00:30:23,651 --> 00:30:25,271
I think that

379
00:30:25,271 --> 00:30:27,891
that is where

380
00:30:27,891 --> 00:30:29,871
the 40 hours

381
00:30:29,871 --> 00:30:31,971
per week, I try to tell people

382
00:30:31,971 --> 00:30:48,716
you find out that 40 hours per week is not a joke at the price you deserve and if it it a portal into a a new culture a and you can like the more you listen the deeper you go the deeper you go

383
00:30:48,716 --> 00:30:57,536
until ultimately you your life becomes a podcast and it's only it's like a cartoon where he wakes

384
00:30:57,536 --> 00:31:05,296
up in the cartoon world um but once you realize that everything's a podcast it's it's like a home

385
00:31:05,296 --> 00:31:10,816
alone or he's like sitting there he's like my family's in florida i'm in new york and he's like

386
00:31:10,816 --> 00:31:19,396
my family's in florida i'm in new york you're like everything is a podcast um you're a this is how the

387
00:31:19,396 --> 00:31:26,676
this is why podcasters have catapulted to the top of everything is because uh

388
00:31:27,536 --> 00:31:32,296
life has become a podcast and some people are aware of it right and some people are not tighter

389
00:31:32,296 --> 00:31:42,996
is not aware that he is a foundational point of a of a podcast verse of like this whole culture

390
00:31:42,996 --> 00:31:50,736
um and it's it's that's what makes him so awesome like that's what makes all these characters and

391
00:31:50,736 --> 00:31:56,856
people are so funny yeah i mean when you do listen to 40 hours per week uh these people

392
00:31:56,856 --> 00:32:05,176
seem to be a part of your actual life, right? And there's really no other way to insert yourself

393
00:32:05,176 --> 00:32:12,796
into that story other than to start a podcast. You just made me think of something of Pletitor

394
00:32:12,796 --> 00:32:18,076
being an accidental podcaster. You guys are super good with AI. What if you just like

395
00:32:18,076 --> 00:32:25,716
took, crawled all of his tweets, fed it into an LLM, and then made a Pletitor podcast based off of

396
00:32:25,716 --> 00:32:35,876
all of his posts i mean is that not that's a good idea yeah i it's funny that she say this because i

397
00:32:35,876 --> 00:32:43,256
was inspired by the will stansell show uh if you're if you're if you're aware of this will

398
00:32:43,256 --> 00:32:49,056
stansell show will stansell was like running for congress or um and maybe it was even like

399
00:32:49,056 --> 00:32:54,996
local senate or something like that in the in if you look it up you can get all the details but it

400
00:32:54,996 --> 00:33:00,176
was summer and then ratiste i i think but he was just you know super the most annoying like

401
00:33:00,176 --> 00:33:07,996
pled slap version of like a woke lefty politician uh but to the point where he was one of those

402
00:33:07,996 --> 00:33:15,836
engagement farmers where it was just saying the absurd uh positions in like a vile way just to

403
00:33:15,836 --> 00:33:21,876
get the rise because you know right wing twitter had it blown up like if you if you tweeted the

404
00:33:21,876 --> 00:33:27,656
wrong thing you just got dumped you you're retard of the week i go to the equipment the retard finder

405
00:33:27,656 --> 00:33:33,076
would come and find you and send in deep tag you and say i found one um and it was embarrassing at

406
00:33:33,076 --> 00:33:36,856
first and people were like damn like i can't believe you're calling me now then they realized

407
00:33:36,856 --> 00:33:43,416
oh i can like make a bunch of money by being a retard and and being a convicted retard on twitter

408
00:33:43,416 --> 00:33:56,016
so much money so it could combat to like finally i don't know neutralizing that wave is was like

409
00:33:56,016 --> 00:34:01,916
the will stancil show or they did they took that he took everything and he created a sitcom like a

410
00:34:01,916 --> 00:34:09,216
cartoon sitcom and it inspired a ton of me and is like the it do be like that mr stancil and uh

411
00:34:09,216 --> 00:34:14,716
it's really good and i thought that would platter would be the next like will stancil

412
00:34:14,716 --> 00:34:21,496
it'd be perfect it's like he's the ornery the ornery grump uh who's you know engagement farming

413
00:34:21,496 --> 00:34:25,696
from the in like that negative way like you talked about earlier it's like you're not doing it in the

414
00:34:25,696 --> 00:34:31,136
right way he's coming from the right place but he's not doing it in the right way right

415
00:34:31,136 --> 00:34:37,796
no i mean there's something there dude creating a whole ai universe based off of platter's writings

416
00:34:37,796 --> 00:34:40,616
I mean, that would drive clicks.

417
00:34:40,916 --> 00:34:41,596
That would drive clicks.

418
00:34:41,676 --> 00:34:43,036
You guys are always looking for a new project.

419
00:34:45,096 --> 00:34:45,576
Totally.

420
00:34:45,936 --> 00:34:51,856
And that is the result of great, which is AI,

421
00:34:52,096 --> 00:34:54,256
because that is the other angle.

422
00:34:54,396 --> 00:34:57,916
That is probably, if not probably,

423
00:34:57,996 --> 00:35:02,996
almost definitely the catalyst to everything that's going on right now.

424
00:35:03,656 --> 00:35:07,656
You think about the music, the sitcoms, the movies, whatever it is.

425
00:35:07,656 --> 00:35:20,936
It used to take, you know, very elite, talented, or skilled people all in one area with a ton of money, a ton of equipment, cameras, like all this equipment.

426
00:35:21,136 --> 00:35:25,716
And the people write scripts, lawyers to litigate, who owns the rights to the story and all the law.

427
00:35:26,656 --> 00:35:28,416
It just didn't create like a, you know, a movie.

428
00:35:28,416 --> 00:35:37,596
And now it's like people are just sitting out and farting around on chat, GPT, pumping out content that used to take, you know, untold capital efforts.

429
00:35:37,656 --> 00:35:47,476
to produce and now we're just all we have access to too much uh too much slop and it feels like

430
00:35:47,476 --> 00:35:52,596
that's everybody all the announcements the news the slop but barge scene of the plot slot all that

431
00:35:52,596 --> 00:35:59,896
is just trying to keep up with the fact that well we're really addicted to the bullish announcements

432
00:35:59,896 --> 00:36:07,056
absolutely and ai definitely helps your output in creating bullish announcements

433
00:36:07,056 --> 00:36:10,196
and that it is a great debate, right?

434
00:36:10,316 --> 00:36:12,156
I mean, and you see it so much now.

435
00:36:12,296 --> 00:36:14,316
It's, especially if you're online a lot,

436
00:36:14,396 --> 00:36:16,596
you can pick up the telltale signs of,

437
00:36:16,756 --> 00:36:19,356
it's not X, it's Y, right?

438
00:36:19,396 --> 00:36:20,816
And of course the end dash,

439
00:36:20,896 --> 00:36:22,496
people have gotten caught onto that.

440
00:36:22,576 --> 00:36:23,956
So they're deleting the end dashes now,

441
00:36:23,956 --> 00:36:28,516
but it's, we're surrounded by it.

442
00:36:28,596 --> 00:36:29,336
We're swimming in it.

443
00:36:29,476 --> 00:36:31,116
We're drowning in it for sure.

444
00:36:31,496 --> 00:36:32,556
But I also think you're an idiot

445
00:36:32,556 --> 00:36:33,916
if you don't use this stuff,

446
00:36:34,156 --> 00:36:36,016
especially if you're in the content creation world.

447
00:36:36,016 --> 00:36:56,796
If you aren't leveraging the fact that you have a copy editor that's way better than you in terms of making sure all the I's are dotted and T's are crossed, then you're just going to get left behind because there are people who can leverage it faster than you and just put out more.

448
00:36:56,916 --> 00:36:58,056
And it's a quantity game, too.

449
00:36:58,416 --> 00:37:02,476
I think at the end of the day, the biggest thing is the input you put in first.

450
00:37:02,476 --> 00:37:18,216
If you have an idea, an outline, and putting thought as to what you really want to say, you're making good use of AI compared to those who just say, hey, write me a story, enter, and putting that online.

451
00:37:18,676 --> 00:37:24,316
Because we're still early enough where that does work to some extent, and it's really annoying and sickening to see.

452
00:37:24,316 --> 00:37:30,656
how do you how do you use ai uh both for

453
00:37:30,656 --> 00:37:39,996
professionally and like what in a what other like creative or personal proceeds so like and

454
00:37:39,996 --> 00:37:50,556
how much do those blend um and how much is the changing what you do um yeah i mean the my number

455
00:37:50,556 --> 00:37:57,976
one most used prompt is definitely edit for clarity, right? I'll write a tweet and I know

456
00:37:57,976 --> 00:38:03,576
exactly what I want to say, but just plug it in there and see if it comes out better. Just in

457
00:38:03,576 --> 00:38:08,996
terms of the way that it's structured is some certain word usage and whatnot. And a good amount

458
00:38:08,996 --> 00:38:13,476
of the time, it's a tiny bit better. Sometimes it's not. I just go with what I wrote, but I mean,

459
00:38:13,476 --> 00:38:20,536
it's just that editor, right, is extremely important. When it comes to, like, I do a live

460
00:38:20,536 --> 00:38:26,876
stream on Mondays, Bitcoin News Weekly, 11 a.m. Eastern, tuning on X, tuning on YouTube. But yeah,

461
00:38:26,956 --> 00:38:33,056
I write a intro monologue, right? And I know what I want to say. I'll gather all my information.

462
00:38:33,476 --> 00:38:40,796
I will create an outline. And then I'll just hit enter, see what it comes up with. And then I'll

463
00:38:40,796 --> 00:38:43,156
compare it to what I was going to do and go back and forth.

464
00:38:43,156 --> 00:38:47,196
And it just helps you iterate faster and faster and faster compared to having

465
00:38:47,196 --> 00:38:51,236
to do it all from scratch. Like the, like in the olden days.

466
00:38:53,356 --> 00:38:55,136
But you said it right there.

467
00:38:55,696 --> 00:39:02,316
And one of my most frequently used prompts is the same edit for clarity or

468
00:39:02,316 --> 00:39:09,916
help me be more concise or help me emphasize the whatever to the

469
00:39:09,916 --> 00:39:19,036
best communicate the messenger problem and it has been extremely helpful and i you can tell

470
00:39:19,036 --> 00:39:24,916
other people are doing it like sometimes you notice that where somebody just is throwing straight

471
00:39:24,916 --> 00:39:31,296
uh ai slop on the timeline and even take out the end dashes like they don't even try

472
00:39:31,296 --> 00:39:37,536
to make it look uh authentic um but some people you but you can just notice everybody's

473
00:39:37,536 --> 00:39:46,196
it seems like people are getting better at communicating and when an example i would give

474
00:39:46,196 --> 00:39:52,536
is like racism and like saying retard and saying slurs and like everything is like way more pot

475
00:39:52,536 --> 00:39:58,216
like it's just if you look at the timeline as somebody from like 2017 or 18 like it would you

476
00:39:58,216 --> 00:40:07,296
would not believe it but the way people are able to be clear about and more precise in their language

477
00:40:07,296 --> 00:40:12,776
is creating more tolerance or more leeway from everybody else

478
00:40:12,776 --> 00:40:16,856
when they're being very sharp or very aggressive

479
00:40:16,856 --> 00:40:19,636
or being very offensive and trying to kind of,

480
00:40:20,636 --> 00:40:23,336
because they can sense the intent maybe a little bit better.

481
00:40:23,496 --> 00:40:24,756
I don't know, that's just kind of a theory.

482
00:40:25,576 --> 00:40:29,576
But AI in general is doing a good job.

483
00:40:29,616 --> 00:40:31,736
It's not just translating Chinese to English.

484
00:40:31,736 --> 00:40:33,276
It's translating English to English

485
00:40:33,276 --> 00:40:36,336
because one of the biggest problems, especially in Bitcoin,

486
00:40:36,336 --> 00:40:38,316
is when we're talking about big ideas

487
00:40:38,316 --> 00:40:39,916
and very ambiguous terms like

488
00:40:39,916 --> 00:40:42,176
what is Bitcoin, money, data, whatever.

489
00:40:44,076 --> 00:40:46,396
People are just talking past each other left and right

490
00:40:46,396 --> 00:40:47,716
and most of them don't even know it.

491
00:40:48,216 --> 00:40:51,416
But now it's like it was a joke on South Park

492
00:40:51,461 --> 00:40:54,081
everybody's just using AI to talk to each other.

493
00:40:54,141 --> 00:40:55,361
They're not really speaking anymore,

494
00:40:55,501 --> 00:40:57,341
but it is what,

495
00:40:57,461 --> 00:40:59,721
what is happening when anybody does that?

496
00:40:59,761 --> 00:40:59,921
It's like,

497
00:40:59,921 --> 00:41:01,841
they're getting better at their job.

498
00:41:01,881 --> 00:41:04,181
They're getting better communication at work.

499
00:41:04,181 --> 00:41:06,501
They're able to get more checks on Tinder.

500
00:41:06,781 --> 00:41:07,221
It's,

501
00:41:07,261 --> 00:41:09,001
it's having a beneficial effect.

502
00:41:09,801 --> 00:41:10,841
Or it works.

503
00:41:11,221 --> 00:41:12,241
And it's,

504
00:41:12,321 --> 00:41:15,661
it's super interesting when you're actually are reading something and then

505
00:41:15,661 --> 00:41:16,821
you get halfway through and you're like,

506
00:41:16,881 --> 00:41:17,021
Oh,

507
00:41:17,041 --> 00:41:17,661
this is AI,

508
00:41:17,821 --> 00:41:20,561
but I'm actually sort of interested in this in the set does have something

509
00:41:20,561 --> 00:41:20,981
to say.

510
00:41:20,981 --> 00:41:23,421
So I'm going to complete it, but there's still something in the back of your head.

511
00:41:23,501 --> 00:41:28,121
It's like, yeah, but this is AI, you know, like, yeah, but, and it does, there is sort

512
00:41:28,121 --> 00:41:33,281
of a visceral reaction to sort of turns you off to it when you know that AI helped even

513
00:41:33,281 --> 00:41:34,001
just a little bit.

514
00:41:34,601 --> 00:41:39,601
I think that's probably going to go away in a year or two from now, people are just going

515
00:41:39,601 --> 00:41:41,581
to completely lose that.

516
00:41:42,181 --> 00:41:47,001
But the question again is how much human are people going to want?

517
00:41:47,201 --> 00:41:49,061
How much human are people going to demand, right?

518
00:41:49,061 --> 00:41:57,941
Is there going to be a, there's going to be a, your following feed, your for you feed, and there's going to be a human feed that's only human, right?

519
00:41:58,181 --> 00:42:01,521
Like, is that going to show up in the coming years?

520
00:42:01,581 --> 00:42:05,081
Because, dude, I mean, especially the boomers, the boomers are going to be aged out.

521
00:42:05,161 --> 00:42:11,321
But for the next 10, 15 years, they're going to be completely mind effed by what's coming.

522
00:42:11,501 --> 00:42:12,861
They already are on Facebook, right?

523
00:42:12,901 --> 00:42:16,121
With shrimp Jesus and all this weird shit that they completely fall for.

524
00:42:16,121 --> 00:42:23,921
okay talking about facebook so i haven't been on facebook um in years because it was

525
00:42:23,921 --> 00:42:32,181
now is sometimes i think i'm missing out but i i did but i from what i remember of facebook and

526
00:42:32,181 --> 00:42:38,541
like the facebook boomers that i interact with when they took away like the censorship and they

527
00:42:38,541 --> 00:42:44,501
were just going to let free speech flourish on facebook i immediately thought of like how much

528
00:42:44,501 --> 00:42:51,961
ai was going to just totally like what you said like mind fuck the boomers and how much it was

529
00:42:51,961 --> 00:42:56,801
going to scam the boomers i mean they were going to see videos you see it on twitter sometimes and

530
00:42:56,801 --> 00:43:02,501
it's it looks like the guy brad garlinghouse from ripple and he's like holding up a thing it's like

531
00:43:02,501 --> 00:43:09,121
pay this address and i'll send you this and you'll get free xrp and like just the amount of boomers

532
00:43:09,121 --> 00:43:15,961
that if you put a veteran and a poppy or a guy that looks like trump with jesus and like their

533
00:43:15,961 --> 00:43:22,301
face like hello you know please donate money here and we're gonna go you know save this and that

534
00:43:22,301 --> 00:43:29,741
and i feel like they're just getting one-shotted left and right by ai slop on uh on facebook right

535
00:43:29,741 --> 00:43:38,581
now they are getting one-shotted i mean my dad was the victim not almost a victim of a scam that

536
00:43:38,581 --> 00:43:41,021
Somebody called them and said, hey, we're from the power company.

537
00:43:41,101 --> 00:43:46,961
We're going to shut down the power in your house unless you go down to the local convenience store, go to the Bitcoin ATM and send us Bitcoin.

538
00:43:47,621 --> 00:43:47,721
Right.

539
00:43:48,161 --> 00:43:52,001
And that to somebody who's older, you get them flustered.

540
00:43:52,221 --> 00:43:53,761
They're like, oh, what do I need to do?

541
00:43:54,381 --> 00:43:58,721
And they just they're very quick to because they grew up in a different time.

542
00:43:58,781 --> 00:43:59,021
Right.

543
00:43:59,281 --> 00:44:01,801
It was a much more higher trust society than it is now.

544
00:44:01,801 --> 00:44:07,601
and when you when you couple that with the advancements in ai where they're going to be

545
00:44:07,601 --> 00:44:12,981
able to especially people who speak online uh even just a little bit they can be able to mimic your

546
00:44:12,981 --> 00:44:17,361
voice seamlessly and there's already these scams where people are getting called and they're saying

547
00:44:17,361 --> 00:44:22,381
mom i need help i'm in dire need i'm in danger if you don't send money right now they're gonna

548
00:44:22,381 --> 00:44:28,501
cut off my finger that that's happening right now everybody i think go home for the holidays this

549
00:44:28,501 --> 00:44:33,161
year and make a code word put all your phones into the room no electronic devices around you

550
00:44:33,161 --> 00:44:37,561
and have a family code word where if anything happens like that you'd say what's the code word

551
00:44:37,561 --> 00:44:42,801
and you either know it or not and you can save yourself a lot of heartache in case something

552
00:44:42,801 --> 00:44:52,621
like that happens in 2026 totally uh so the rumors are going to deal with scams i mean and

553
00:44:52,621 --> 00:44:58,221
they're they're not handling it well so far but the other thing is and you touched on this a

554
00:44:58,221 --> 00:45:04,801
little bit which was if you see something and you can sense you can detect that it's ai and not human

555
00:45:04,801 --> 00:45:11,201
just not human and you're like repulsed by it but like it's going to get easier and easier to kind

556
00:45:11,201 --> 00:45:17,921
of disguise that and couch it so you don't necessarily know and be like my point was or

557
00:45:17,921 --> 00:45:25,461
i guess my point is based on what i was saying earlier is that uh there is seemingly a lot of

558
00:45:25,461 --> 00:45:32,701
value being added uh not just to you know the gdp not just to the stock market like it people are

559
00:45:32,701 --> 00:45:37,961
wondering is this a bubble are you how are they going to make up with this much productivity yada

560
00:45:37,961 --> 00:45:45,581
and i think if you really look closely you can see that it is making things better more efficient

561
00:45:45,581 --> 00:45:52,101
communication faster smoother um but with the

562
00:45:52,101 --> 00:46:02,721
ability to help people see the benefits of AI without them realizing that it's AI

563
00:46:02,721 --> 00:46:07,041
or not thinking about the fact that it could be AI,

564
00:46:08,921 --> 00:46:11,461
then hopefully they kind of can get,

565
00:46:12,741 --> 00:46:19,661
you can get them the news in a way that they will start to see as valuable

566
00:46:19,661 --> 00:46:21,861
and make good decisions from again.

567
00:46:22,101 --> 00:46:29,621
and be less repulsed by the fact that they're listening to chat gbt or claude or something like

568
00:46:29,621 --> 00:46:35,321
that because people think that they're going to worship we're going to worship ai but really

569
00:46:35,321 --> 00:46:40,401
it's mostly everybody having to tell chat gpt over and over again to stop being retarded like

570
00:46:40,401 --> 00:46:44,961
you're an idiot that's not the answer right like people aren't trusting ai the way maybe we thought

571
00:46:44,961 --> 00:46:51,821
they would they're not trusting it but again this is the worst it's ever going to be and i

572
00:46:51,821 --> 00:46:58,561
will admit that some of my 40 hours per week of Bitcoin podcasts have been replaced with AI

573
00:46:58,561 --> 00:47:06,021
podcasts in the last year. A good amount of them, you know, and you can, a lot of people dismiss it

574
00:47:06,021 --> 00:47:11,661
still, but dude, if you, you listen to these people at these top labs, like, no, they're worried

575
00:47:11,661 --> 00:47:15,921
about P-Doom, dude. It's, it's all about P-Doom. What's the probability of this thing literally

576
00:47:15,921 --> 00:47:20,401
destroying the human race? And if it's not going to destroy the human race, what is, what are we

577
00:47:20,401 --> 00:47:27,001
going to do when all work is relegated useless because the computers are smarter faster better

578
00:47:27,001 --> 00:47:34,561
cheaper than any human could do anything whether it be host a podcast or fix a toilet uh and

579
00:47:34,561 --> 00:47:42,561
that i mean that's a question that i'm really uh sort of wrestling with in my mind um what happens

580
00:47:42,561 --> 00:47:50,241
five to ten years from now when shit man i mean uh there are people there's going to be ai

581
00:47:50,241 --> 00:47:55,341
podcasters that are indistinguishable from humans that can speak a lot more eloquently than me on

582
00:47:55,341 --> 00:48:03,021
anything um so is the podcast industry in danger and what do we do to create a moat around us

583
00:48:03,021 --> 00:48:12,541
well i think the moat is what we talk about on this on this show is podcast entropy

584
00:48:12,541 --> 00:48:19,021
the entropy in the types of information, the type of data, the type of podcast.

585
00:48:19,161 --> 00:48:20,041
You've got privacy podcasts.

586
00:48:20,301 --> 00:48:25,881
You've got astrology podcasts, macro, career and events, news type podcasts.

587
00:48:26,061 --> 00:48:28,501
You've got libertarian podcasts, Austrian.

588
00:48:28,681 --> 00:48:32,561
You can touch every sphere, every part of the universe.

589
00:48:33,121 --> 00:48:40,541
And if you get enough, you know, new perspectives and almost chaos in the order of your podcast,

590
00:48:40,541 --> 00:48:45,361
of your podcast you create a moat because it's you know you're not just talking at this point

591
00:48:45,361 --> 00:48:51,101
like a professional sports has been ruined by gambling all college football has been you know

592
00:48:51,101 --> 00:48:57,281
it's being ruined by nil the nfl's ruined by the nba like that a head coach or you got you got

593
00:48:57,281 --> 00:49:02,721
arrested in the middle of the season or before the season um everything's being ruined but

594
00:49:02,721 --> 00:49:09,641
bitcoin is too it's too spread out it's too you can't crack it you can't ruin it with um

595
00:49:09,641 --> 00:49:18,621
the the key i can't close in on it quite as easily uh hey it's sort of this sort of runs around with

596
00:49:18,621 --> 00:49:31,407
like the idea of variety um so i guess my next question is like are you when it comes to ar are you monogamous or are you like you just using Google Gemini ChatGPT Claw all different ones

597
00:49:31,467 --> 00:49:32,507
He's trying everything out.

598
00:49:33,147 --> 00:49:35,287
Dude, Google just stole my heart, dude.

599
00:49:35,547 --> 00:49:38,527
Um, I was, uh, that seems to be the guys.

600
00:49:39,167 --> 00:49:40,247
Oh my God, dude.

601
00:49:40,247 --> 00:49:41,147
Google is so much better.

602
00:49:41,407 --> 00:49:42,387
It's just so much better.

603
00:49:42,387 --> 00:49:44,647
Like you can, it's really crazy.

604
00:49:44,647 --> 00:49:49,147
I mean, I was with my dad this weekend.

605
00:49:49,787 --> 00:49:52,267
And here's a little Rob Wallace lore.

606
00:49:53,127 --> 00:50:00,587
My grandpa, Robert Lee Wallace Jr., he was on the team, the 20-man team that helped make

607
00:50:00,587 --> 00:50:03,127
the transistor at Bell Labs in New Jersey.

608
00:50:04,567 --> 00:50:06,527
And so he's got some patents to his name.

609
00:50:06,607 --> 00:50:09,507
So I just said, I spoke into Gemini, into my phone.

610
00:50:09,767 --> 00:50:13,467
I said, hey, there's a scientist, Robert Lee Wallace Jr.

611
00:50:13,467 --> 00:50:14,487
He worked with Bell Labs.

612
00:50:14,587 --> 00:50:15,287
He worked on the transistor.

613
00:50:15,607 --> 00:50:18,067
Make me an infographic of him and his patents.

614
00:50:18,647 --> 00:50:27,247
And two minutes later, just made this really beautiful, like accurate poster of my grandpa

615
00:50:27,247 --> 00:50:28,027
and what he did.

616
00:50:28,107 --> 00:50:30,887
And it was just like, what the hell is this?

617
00:50:31,407 --> 00:50:31,887
Unbelievable.

618
00:50:32,267 --> 00:50:32,707
Absolutely.

619
00:50:32,967 --> 00:50:38,607
Like the amount of time, efforts, and different talents that would have been needed to put

620
00:50:38,607 --> 00:50:39,147
that all together.

621
00:50:39,267 --> 00:50:41,767
And now it's just boom in your pocket.

622
00:50:41,767 --> 00:50:46,247
And we take it for granted, but we are living really in unprecedented times.

623
00:50:46,347 --> 00:50:48,647
And again, it's as worse as it's ever going to be right now.

624
00:50:48,967 --> 00:50:50,547
And it's accelerating.

625
00:50:50,867 --> 00:50:52,127
It's getting faster.

626
00:50:53,827 --> 00:50:54,347
Yes.

627
00:50:54,447 --> 00:50:54,727
Okay.

628
00:50:54,727 --> 00:51:08,847
And I guess for, you know, we've kind of got to a pretty good understanding of what's going on in the world.

629
00:51:08,847 --> 00:51:15,587
like have the bitcoin industry the slop all that but it all boils down to it feels like you just

630
00:51:15,587 --> 00:51:21,647
see that things are accelerating some people will talk to the memes before turning feel like we're

631
00:51:21,647 --> 00:51:26,947
going through the fourth turning institutions are getting like the spot like the la city government

632
00:51:26,947 --> 00:51:31,207
you know the fires a year ago burn everything down they didn't have any water in the fire they were

633
00:51:31,207 --> 00:51:36,947
totally incompetent wrote providence rhode island totally incompetent uh the new york city mayor's

634
00:51:36,947 --> 00:51:43,547
race was between you know like the three stooges basically up there um and one of the stages won

635
00:51:43,547 --> 00:51:51,727
and every time a new historically respected institution is put in the spotlight it seems

636
00:51:51,727 --> 00:52:00,107
like in the past year or so uh it's nothing but a bunch of embezzlement and plethora and

637
00:52:00,107 --> 00:52:04,187
And same thing's happening in the media culture at all.

638
00:52:04,307 --> 00:52:05,767
Where are we going?

639
00:52:06,687 --> 00:52:10,587
Bitcoin is trading at not what we expected a year ago.

640
00:52:10,787 --> 00:52:12,187
Totally disappointed.

641
00:52:12,687 --> 00:52:14,447
Paper Bitcoin summer disappointment.

642
00:52:14,907 --> 00:52:17,587
Seems like there's a lot of chaos and disappointment.

643
00:52:18,227 --> 00:52:21,907
But is it going to get better soon or worse?

644
00:52:22,707 --> 00:52:28,167
Do you follow any of these astrological forth or any of these theories?

645
00:52:28,167 --> 00:52:31,747
Which one do you think explains where we're at?

646
00:52:32,207 --> 00:52:35,487
What is your perspective in that context?

647
00:52:36,627 --> 00:52:43,967
Yeah, I mean, I've been a pretty hardcore conspiracy theorist, I guess the best way to describe it, since the financial crisis, right?

648
00:52:44,027 --> 00:52:46,007
Since I was a young lad.

649
00:52:46,627 --> 00:52:54,767
And that really, when I went down the rabbit hole for the first time, I thought that we were going to have hyperinflation in America by 2012, right?

650
00:52:54,767 --> 00:53:03,267
And I was prepared to have to go out and fight for your meal and live in the Stone Age since then.

651
00:53:03,367 --> 00:53:05,727
But I mean, the 2010s were not that, right?

652
00:53:05,807 --> 00:53:10,007
It was hipsters and Facebook and Instagram.

653
00:53:11,027 --> 00:53:17,907
So what's funny is when you're been prepared for the world to sort of blow up for so long and it doesn't,

654
00:53:18,047 --> 00:53:20,507
you get a little jaded and you start to think,

655
00:53:20,507 --> 00:53:24,347
okay, maybe they can keep this game going along a lot longer than you thought you could.

656
00:53:24,347 --> 00:53:29,467
But what we are seeing is the constant, I think the right word is,

657
00:53:29,607 --> 00:53:35,507
and shitification of pretty much everything in the physical world, right?

658
00:53:35,547 --> 00:53:37,827
The world of atoms is getting shittier.

659
00:53:37,927 --> 00:53:39,707
The world of bites is getting better.

660
00:53:39,887 --> 00:53:44,887
And I think that is what we must rebel against,

661
00:53:45,007 --> 00:53:49,327
the desire to just dive deeper and deeper into the world of bites

662
00:53:49,327 --> 00:53:52,787
and forget this physical world that we have,

663
00:53:52,787 --> 00:53:56,327
that human beings have inhabited for millions of years.

664
00:53:56,747 --> 00:54:00,427
And that which we are involved evolved for, right?

665
00:54:00,467 --> 00:54:02,827
Because that's where our happiness comes from.

666
00:54:03,087 --> 00:54:07,387
When we satisfy these biological and emotional needs

667
00:54:07,387 --> 00:54:11,187
and the worlds of bites can hijack that

668
00:54:11,187 --> 00:54:12,967
and make you think you're getting what you need.

669
00:54:13,367 --> 00:54:16,087
But you're lying to yourself.

670
00:54:16,887 --> 00:54:18,087
So you got to...

671
00:54:18,087 --> 00:54:26,927
to, at the end of the day, I'm sort of a Buddhist in the way that I think that life is what you make

672
00:54:26,927 --> 00:54:30,627
it, right? It's all in your head. It's between your two ears in terms of how good or how bad

673
00:54:30,627 --> 00:54:37,207
your life is. And so it's up to us to make that personal decision and that responsibility to make

674
00:54:37,207 --> 00:54:44,247
your life what you want. But yeah, there's no denying that the institution of the outside world

675
00:54:44,247 --> 00:54:45,767
is happening.

676
00:54:46,167 --> 00:54:47,467
And we are distracted,

677
00:54:47,647 --> 00:54:49,287
very easily distracted by the world of bites.

678
00:54:51,307 --> 00:54:53,527
Yeah, it's like a digital flood.

679
00:54:54,347 --> 00:54:58,967
And luckily we have an anchor

680
00:54:58,967 --> 00:55:01,747
if we're seeking digital scarcity again.

681
00:55:01,827 --> 00:55:02,807
I think it's kind of,

682
00:55:02,807 --> 00:55:05,147
we're overloaded with so much information.

683
00:55:06,167 --> 00:55:08,027
It's almost like we,

684
00:55:08,287 --> 00:55:09,967
I was joking,

685
00:55:10,547 --> 00:55:12,267
we jumped on the last podcast

686
00:55:12,267 --> 00:55:14,467
that Arizona is on in HODL.

687
00:55:14,547 --> 00:55:17,667
He always makes some goofy declarative statements.

688
00:55:17,947 --> 00:55:20,627
He likes to announce things too in his own weird way.

689
00:55:21,247 --> 00:55:22,967
He's one of the Bitcoin news.

690
00:55:23,167 --> 00:55:24,547
He's blocked Bitcoin, just to be clear.

691
00:55:24,567 --> 00:55:25,967
Of course, of course, of course.

692
00:55:26,627 --> 00:55:29,507
And he said, he's like, make money and make Bitcoin

693
00:55:29,507 --> 00:55:31,547
or make boobs hard to see again.

694
00:55:31,667 --> 00:55:33,207
And I lost it.

695
00:55:33,267 --> 00:55:34,487
I was like, why would you want to do that?

696
00:55:34,487 --> 00:55:41,507
But it may be we have too much access to good content,

697
00:55:41,507 --> 00:55:49,207
hot content interesting content flashy content and we got to like anchor it back and make it

698
00:55:49,207 --> 00:55:56,867
scarcer again or because not so there's less of it so that it's value if you know how to value it

699
00:55:56,867 --> 00:56:00,467
better we just need to re-learn we need to learn how to value information better

700
00:56:00,467 --> 00:56:06,927
at a we got to learn fast and i think that things will start to sort themselves out

701
00:56:06,927 --> 00:56:14,487
from there i hope i hope so yeah i think it is libertarians as bitcoiners we don't want to tell

702
00:56:14,487 --> 00:56:24,807
anybody what they can't do right but we also i think it's important for us to create a community

703
00:56:24,807 --> 00:56:33,007
ethos where we say some things are not that good for you and should be shunned and uh

704
00:56:33,007 --> 00:56:37,207
some things should be embraced. And I think, yeah, uh, uh,

705
00:56:37,487 --> 00:56:40,207
boobs on the internet are probably a little too easy to,

706
00:56:40,207 --> 00:56:43,427
too fine if you're eight, nine years old. Um,

707
00:56:43,427 --> 00:56:47,667
and I think that's something that we should try to uphold that, uh,

708
00:56:48,087 --> 00:56:53,147
they shouldn't probably be saying that. So yeah, I mean, it's, uh,

709
00:56:53,307 --> 00:56:58,067
it's funny. It's something like the, the trad con NIS of Bitcoin, Twitter,

710
00:56:58,247 --> 00:57:02,527
I think I definitely saw its heyday in 21, 22. Right. Uh,

711
00:57:02,527 --> 00:57:07,047
and I think has sort of gone away a bit over the last couple of years,

712
00:57:07,607 --> 00:57:09,447
sort of, I guess, replaced by the suits.

713
00:57:10,207 --> 00:57:12,487
But, yeah, do you remember Laser Holden?

714
00:57:14,007 --> 00:57:16,367
Oh, yeah, I totally remember Laser.

715
00:57:16,547 --> 00:57:21,067
I think he's still, I think he's still posting on a corner in Noster,

716
00:57:21,347 --> 00:57:24,467
but I haven't seen him on Twitter in a few years.

717
00:57:25,307 --> 00:57:26,587
He's on Twitter, dude.

718
00:57:27,007 --> 00:57:29,387
Not much, but I think, like, he doesn't even have, like, a name.

719
00:57:29,387 --> 00:57:32,147
He just has, like, a satellite emoji as, like, his tag.

720
00:57:32,147 --> 00:57:34,267
Is he still doing the masculine frame?

721
00:57:34,847 --> 00:57:35,967
But that's what I was going at.

722
00:57:36,047 --> 00:57:39,667
Yeah, he went super hard into the masculine frame thing.

723
00:57:40,027 --> 00:57:43,087
And that felt like a little bit too much, right?

724
00:57:43,167 --> 00:57:45,807
Like, okay, if you want to do that in your own house, that's cool.

725
00:57:46,107 --> 00:57:48,667
But it just was a little bit off-putting.

726
00:57:48,747 --> 00:57:50,607
So there's a time and place for everything.

727
00:57:52,447 --> 00:58:05,453
But I think there also a big difference between telling people what you do and telling other people what to do How do you how do you prevent

728
00:58:05,733 --> 00:58:07,814
or do you have any tips even to prevent,

729
00:58:07,894 --> 00:58:09,394
how do you prevent yourself from crashing out?

730
00:58:09,713 --> 00:58:11,093
There's a lot of people crashing out.

731
00:58:11,133 --> 00:58:15,194
And I think there's going to be a lot more people crashing out next year.

732
00:58:15,674 --> 00:58:17,453
And people are crashing out.

733
00:58:17,554 --> 00:58:21,473
Like I would say laser hotel crashed out.

734
00:58:21,473 --> 00:58:23,353
And he wasn't, it was masculine frame.

735
00:58:23,473 --> 00:58:24,733
It was like get on zero.

736
00:58:24,733 --> 00:58:32,154
so it was basically beyond zero fiat only holding and spending bitcoin uh and it was just it's

737
00:58:32,154 --> 00:58:39,713
constant extreme like easy purity times to fail uh i don't know gimmicks whatever you want to call

738
00:58:39,713 --> 00:58:48,034
it it's just very hard to sustain that much discipline that much uh larving discipline on

739
00:58:48,034 --> 00:58:54,414
twitter and how do you like what do you use that to learn to choose your battles like what

740
00:58:54,733 --> 00:59:02,414
what's what's your advice yeah i think it's um yeah when you're in this world this lifestyle of

741
00:59:02,414 --> 00:59:07,853
being online a lot uh it really doesn't bode well for you if you're the kind of person gets worked

742
00:59:07,853 --> 00:59:13,154
up too easily and i mean i think you guys have sort of made a name for yourselves by picking out

743
00:59:13,154 --> 00:59:17,333
those people that do take themselves too seriously and making it clear to everyone else that they do

744
00:59:17,333 --> 00:59:24,853
Um, so yeah, I, uh, I'll go the corny answer and say meditate, right?

745
00:59:24,894 --> 00:59:31,333
I do think that just having, having some time during the day where you're not on an electronic

746
00:59:31,333 --> 00:59:33,934
device, where you're not consuming anything else.

747
00:59:33,934 --> 00:59:38,753
And you're sort of just, can you be comfortable in a room by yourself for 20 minutes, not

748
00:59:38,753 --> 00:59:39,193
doing anything?

749
00:59:39,853 --> 00:59:41,894
Some people are horrified at that.

750
00:59:41,993 --> 00:59:46,713
And if that's who you are, you need to start working on that ASAP because you are making

751
00:59:46,713 --> 00:59:52,633
yourself way too vulnerable to outside forces and the world at large. And when it comes to being

752
00:59:52,633 --> 00:59:59,074
online and AI, you are the perfect soon to be victim. Yeah. It's like, how, how comfortable

753
00:59:59,074 --> 01:00:04,174
can you be with, with your sitting there by yourself with your own thoughts? And if you can,

754
01:00:04,294 --> 01:00:10,274
if you can do that, then you can, you have enough mental armor, uh, psychic armor to,

755
01:00:10,274 --> 01:00:13,973
to go out into the big bad world of, of the,

756
01:00:14,054 --> 01:00:17,074
the online world and fight your battles.

757
01:00:18,253 --> 01:00:22,333
The other, if you, if, if one risk is crashing out,

758
01:00:22,394 --> 01:00:26,274
the other one is probably chat GPT or AI psychosis.

759
01:00:27,453 --> 01:00:31,693
And I, I don't know the answer,

760
01:00:31,873 --> 01:00:35,693
but it seems like meditation might be the answer for both.

761
01:00:35,693 --> 01:00:41,814
It seems like if you can't go out and sit alone with your own thoughts,

762
01:00:42,074 --> 01:00:44,154
and you're probably bordering on crashing out,

763
01:00:44,233 --> 01:00:47,174
but if you can't go out and sit alone with your own thoughts

764
01:00:47,174 --> 01:00:50,394
because you don't have any of your own thoughts anymore,

765
01:00:51,314 --> 01:00:53,013
maybe that's chat GPT psychosis.

766
01:00:53,133 --> 01:00:53,493
I don't know.

767
01:00:53,593 --> 01:00:54,733
How do you think about that?

768
01:00:54,993 --> 01:01:01,713
And because I think anybody who's used AI enough probably can see the dangers

769
01:01:01,713 --> 01:01:08,633
or the risks uh from getting because chat gpt psychosis is probably a spectrum but yeah have

770
01:01:08,633 --> 01:01:14,593
you watched any youtube videos on chat gpt psychosis i've gotten yeah i've i've found i've

771
01:01:14,593 --> 01:01:19,154
tried to find some good ones and there was like some guys in silicon valley some big tech guys that

772
01:01:19,154 --> 01:01:26,233
were exhibiting chat gpt psychosis and and also you know just goofy plebs and both of them are

773
01:01:26,233 --> 01:01:39,113
crazy to to see it's i think the the first step is to i would never use a chat bot as a therapist

774
01:01:39,113 --> 01:01:44,774
right i i'm pretty hesitant to put in personal information especially that could give them a

775
01:01:44,774 --> 01:01:50,373
psychological profile of of myself um they they know that i like bitcoin and that i like to edit

776
01:01:50,373 --> 01:01:56,534
for clarity they definitely know about that about me but uh it i think and the the sickle fancy of

777
01:01:56,534 --> 01:02:01,513
these uh chatbots really turns me off it's it's so gross like the second it's like oh that was

778
01:02:01,513 --> 01:02:06,674
amazing like i've never you really nailed it there and i'm just like shut the fuck up dude like no i

779
01:02:06,674 --> 01:02:12,953
don't stop being a sip stop being a sip for me dude shut up um but there are some people who

780
01:02:12,953 --> 01:02:19,753
really like that and i mean there's a lot of lonely people and if you're willing to to to bear

781
01:02:19,753 --> 01:02:24,453
your soul to a chat bot, I think then you're, again, you're making yourself a prime victim

782
01:02:24,453 --> 01:02:25,953
to fall into it.

783
01:02:25,953 --> 01:02:32,633
Because a lot of this chat GPT psychosis is people thinking that they've come up with

784
01:02:32,633 --> 01:02:35,593
some novel way of viewing the universe, right?

785
01:02:35,674 --> 01:02:41,274
That they've broken through to a new level, that they've unlocked their chat GPT, and

786
01:02:41,274 --> 01:02:47,133
it is now transmitting the secrets of deep universal truth to them.

787
01:02:47,133 --> 01:02:51,233
and that's a repeatable story

788
01:02:51,233 --> 01:02:52,814
that many people have gone down.

789
01:02:52,933 --> 01:02:54,574
So if you find yourself thinking

790
01:02:54,574 --> 01:02:56,253
that you've had a breakthrough,

791
01:02:56,753 --> 01:02:59,113
again, these things are not good at breakthroughs, right?

792
01:02:59,113 --> 01:03:04,853
They're good at rearranging and remixing and referencing,

793
01:03:05,253 --> 01:03:08,353
but in terms of finding new physics,

794
01:03:08,493 --> 01:03:10,013
maybe they can at the Frontier Labs,

795
01:03:10,133 --> 01:03:12,814
but you're not doing that on ChatGPT.

796
01:03:13,074 --> 01:03:15,314
So catch yourself there if you find yourself

797
01:03:15,314 --> 01:03:24,814
thinking you found yeah yeah it physics times table yeah it you you're probably not going to

798
01:03:24,814 --> 01:03:30,654
impress chat gpt and so it's like you're in vegas and like a hot chick comes up to you and it's

799
01:03:30,654 --> 01:03:37,774
trying to ask you out you know it's she it's there's a game there right so like if chat gp if

800
01:03:37,774 --> 01:03:43,314
you think you're teaching chat gpc about quantum computers and you think you're teaching chat gpt

801
01:03:43,314 --> 01:03:47,873
about how it's possible to get fusion, whatever it is.

802
01:03:48,054 --> 01:03:51,513
And ChatGPT is like, wow, like you are the smartest person.

803
01:03:51,593 --> 01:03:52,693
I'd ever thought of it this way before.

804
01:03:53,294 --> 01:03:55,633
Dad is the stripper telling you that you're interesting,

805
01:03:55,794 --> 01:03:57,193
that telling you that she likes you, right?

806
01:03:57,274 --> 01:03:58,113
He says, remember that.

807
01:03:58,314 --> 01:04:00,034
This is all about money.

808
01:04:00,894 --> 01:04:03,914
Everybody on Twitter, everybody is posting,

809
01:04:03,914 --> 01:04:07,814
all the podcasters, ChatGPT, all of it, all the AI,

810
01:04:08,394 --> 01:04:10,613
the hot chicks with AI voices.

811
01:04:10,613 --> 01:04:13,654
Lynn Alden, her newsletter

812
01:04:13,654 --> 01:04:15,733
it's all about money

813
01:04:15,733 --> 01:04:17,534
so just

814
01:04:17,534 --> 01:04:19,834
keep that in mind, probably hopefully won't get

815
01:04:19,834 --> 01:04:21,414
chat, CPT, psychosis,

816
01:04:21,613 --> 01:04:22,334
incarnation out

817
01:04:22,334 --> 01:04:27,753
Is it all about money or is it all about

818
01:04:27,753 --> 01:04:28,334
attention?

819
01:04:29,554 --> 01:04:31,693
And is attention the new money

820
01:04:31,693 --> 01:04:33,013
of the 21st century?

821
01:04:34,154 --> 01:04:35,113
There you go, yes

822
01:04:35,113 --> 01:04:36,373
Yes

823
01:04:36,373 --> 01:04:39,853
Why is Bitcoin, why does that

824
01:04:40,613 --> 01:04:46,674
incorporate bitcoin compass bitcoin because bitcoin is is all about attention okay everybody's

825
01:04:46,674 --> 01:04:53,513
got their attention on the quiet it's all about the drama it's all about what's going on with

826
01:04:53,513 --> 01:04:57,473
every 10 minutes everybody's looking everybody's paying attention and when you you pay attention

827
01:04:57,473 --> 01:05:02,693
to things it's harder to fuck with it it's harder to be fucked with so attend yeah the attention

828
01:05:02,693 --> 01:05:09,633
economy what the things that have the most attention will be that you it's it will be it's

829
01:05:09,633 --> 01:05:17,554
they'll be valuable there you go you got it how many people in terms of uh bitcoin twitter

830
01:05:17,554 --> 01:05:23,814
how many people do you think there actually are on there that that give it enough attention to know

831
01:05:23,814 --> 01:05:34,834
to know the characters to know the players uh less than 10 000 and like even of the 10 000 who

832
01:05:34,834 --> 01:05:37,554
are you know

833
01:05:37,554 --> 01:05:41,334
they're somewhat aware right it's like

834
01:05:41,334 --> 01:05:45,353
a third of that knows

835
01:05:45,353 --> 01:05:49,013
you know 50% of the Ducalverse characters right or

836
01:05:49,013 --> 01:05:53,414
of the story or gets the joke right and I'd say none of us really

837
01:05:53,414 --> 01:05:57,054
get the full picture of the joke right

838
01:05:57,054 --> 01:06:01,554
that's probably why it's fun is it's small enough

839
01:06:01,554 --> 01:06:03,174
that it's uh

840
01:06:03,174 --> 01:06:13,353
to answer your question yeah just a few thousand and it's it's funny because it is it is a small

841
01:06:13,353 --> 01:06:20,493
group uh but there is a disproportionate amount of reach right i mean david bailey's hanging out

842
01:06:20,493 --> 01:06:29,794
with the president um like we we do uh i think hit above our weight and that makes your job

843
01:06:29,794 --> 01:06:42,060
so much more fun and entertaining right If it was just some other small group and we were into racing RC cars in a basement it be very different than if we dealing with the next world reserve asset

844
01:06:42,800 --> 01:06:44,520
Right, and it's all held together

845
01:06:44,520 --> 01:06:49,420
by a couple of group chats, you know what I mean?

846
01:06:49,500 --> 01:06:51,720
Like a couple of group chat platforms.

847
01:06:52,100 --> 01:06:56,120
You probably know, and we talk about this on the episode,

848
01:06:56,240 --> 01:06:59,600
I had a whole episode with Mars about group chats

849
01:06:59,600 --> 01:07:06,680
and like the the influence of group chats how they work you know who's joining them what the

850
01:07:06,680 --> 01:07:11,860
behavior is like how the plebs are bickering and fighting and competing in the group chats but like

851
01:07:11,860 --> 01:07:18,780
this whole little ecosystem they're really like the if it becomes the reserve currency it's all

852
01:07:18,780 --> 01:07:26,060
held together by uh by group chats right now like that's probably one of the new institutions of

853
01:07:26,060 --> 01:07:33,840
worth turning absolutely yeah i mean decentralized communication um tell me dude the the vibes is it

854
01:07:33,840 --> 01:07:40,140
bear market vibes in the group chats and do group chats get better in bear markets yeah this this is

855
01:07:40,140 --> 01:07:46,540
this is a huge question we are definitely in a group chat recession um the next few weeks are

856
01:07:46,540 --> 01:07:51,600
going to be they're going to tell a big story because the next two weeks are traditionally

857
01:07:51,600 --> 01:07:58,380
like especially the united states very people few people are working they're kind of laying low

858
01:07:58,380 --> 01:08:03,960
hanging with their families traveling and even if they are at work until the first of the year

859
01:08:03,960 --> 01:08:08,560
nobody's really getting a whole lot done and nobody's even having to pretend and chad gpt's

860
01:08:08,560 --> 01:08:17,020
probably going to uh get some time off but if the group chats do not pop back up the next two weeks

861
01:08:17,020 --> 01:08:24,800
it's bad news i think for 2026 and i think it is because and i don't think it's a bad thing i think

862
01:08:24,800 --> 01:08:32,020
it's it's a necessary natural thing i think that we didn't know how to value group chats we didn't

863
01:08:32,020 --> 01:08:38,160
value group chats nearly as much as we should have we let way too many bad people into our we

864
01:08:38,160 --> 01:08:45,860
we let way too many bad people in and we joined way too many that uh we shouldn't have and

865
01:08:45,860 --> 01:08:51,060
And 2026 will be about being proud of the group chats you're in and being

866
01:08:51,060 --> 01:08:52,1000
proud of your brothers in your group chat.

867
01:08:53,120 --> 01:08:54,260
And if we get to that again,

868
01:08:54,840 --> 01:08:56,140
the group chats will flourish.

869
01:08:56,240 --> 01:08:59,920
It's like the strong times make a strong,

870
01:09:00,020 --> 01:09:01,520
then make good times that whole thing.

871
01:09:01,520 --> 01:09:03,060
You can say the same about group chats.

872
01:09:04,420 --> 01:09:07,520
Have you had any group chat infiltration?

873
01:09:08,240 --> 01:09:11,980
Have you had any scammers try to get into your group chat and mess with

874
01:09:11,980 --> 01:09:12,240
people?

875
01:09:14,320 --> 01:09:14,720
Yeah.

876
01:09:15,860 --> 01:09:17,960
No, not yet.

877
01:09:18,640 --> 01:09:20,460
The break, very careful about that.

878
01:09:20,540 --> 01:09:25,620
And I think that's another important aspect is fed-resistant

879
01:09:25,620 --> 01:09:29,360
or scammer-resistant group chats are very important.

880
01:09:29,820 --> 01:09:33,060
You definitely have to have a captcha to keep the spammers

881
01:09:33,060 --> 01:09:34,720
who are just posting Salama stuff,

882
01:09:34,980 --> 01:09:36,600
like spamming every group chat they can.

883
01:09:37,400 --> 01:09:44,620
But no, and I won't know what the key to success there is just –

884
01:09:45,860 --> 01:09:48,820
Well, I've got a group chat scammer horror story.

885
01:09:49,760 --> 01:09:50,460
Let's hear it.

886
01:09:50,520 --> 01:09:50,1000
Let's hear it.

887
01:09:51,420 --> 01:09:55,1000
Our local Bitcoin meetup, we've got a group chat, right?

888
01:09:56,340 --> 01:09:59,280
And about 100 people or so in there.

889
01:09:59,660 --> 01:10:03,560
And I mean, there are definitely some, there's always some leaders of the group chat, right?

890
01:10:03,560 --> 01:10:08,280
Some people with more reputation that precedes them.

891
01:10:08,280 --> 01:10:15,180
And so some new guy joined and somebody who has, who's on Bitcoin Twitter, his has a little

892
01:10:15,180 --> 01:10:15,980
bit of a following.

893
01:10:16,120 --> 01:10:23,120
He's, he's in our Bitcoin meetup and the new guy got DM'd on the side by quote unquote him.

894
01:10:23,300 --> 01:10:23,560
Right.

895
01:10:24,140 --> 01:10:29,320
And the new guy was super happy to be DM'd by him.

896
01:10:29,400 --> 01:10:34,880
And the guy, the call the OG in our group, uh, messaged him and said, Hey man, I'm about

897
01:10:34,880 --> 01:10:36,720
to go up and buy a bunch of miners.

898
01:10:36,720 --> 01:10:39,120
but the guy won't take my cash.

899
01:10:39,340 --> 01:10:40,280
He only wants Bitcoin.

900
01:10:40,580 --> 01:10:42,080
Could you just front me some Bitcoin right now?

901
01:10:42,160 --> 01:10:43,780
I got some reason why my wallet won't work.

902
01:10:43,860 --> 01:10:44,980
Just like front me some Bitcoin

903
01:10:44,980 --> 01:10:48,040
and I'll make you good.

904
01:10:49,440 --> 01:10:52,300
Dude, the guy lost my coin.

905
01:10:52,300 --> 01:10:53,180
We're on Bitcoin, dude.

906
01:10:55,580 --> 01:10:56,980
That's not bad.

907
01:10:57,180 --> 01:10:58,300
You got to...

908
01:11:00,100 --> 01:11:01,040
Yeah, it's hard.

909
01:11:01,160 --> 01:11:02,180
You got to watch out for that.

910
01:11:02,460 --> 01:11:05,680
But, you know, I think that...

911
01:11:06,720 --> 01:11:10,840
When people start to put the group chats back together again,

912
01:11:11,620 --> 01:11:14,1000
it'll look a little bit different next time.

913
01:11:15,060 --> 01:11:18,140
It'll be a group chat 3.0 or group chat 2.0.

914
01:11:18,260 --> 01:11:20,500
That's what we're at right now, the era of group chat 2.0.

915
01:11:20,740 --> 01:11:23,1000
And now you're going to have like eCash.

916
01:11:23,1000 --> 01:11:27,080
You're going to have more Lightning enabled.

917
01:11:27,460 --> 01:11:30,680
You see, group chats are becoming, you could set up your own Mint.

918
01:11:30,860 --> 01:11:33,880
You could be a credit union, a group chat credit union.

919
01:11:33,1000 --> 01:11:35,600
So you don't have to DM somebody on the side.

920
01:11:35,600 --> 01:11:40,800
You say, hey, in the group chat where everybody can see I need a loan to get some minors.

921
01:11:40,940 --> 01:11:46,780
Everybody's like, all right, I'll sign that loan in this federation or whatever.

922
01:11:46,940 --> 01:11:47,020
Right.

923
01:11:47,340 --> 01:11:47,640
It's called a FEDMIT.

924
01:11:47,640 --> 01:11:48,780
Yeah, they already have it.

925
01:11:48,840 --> 01:11:49,260
It's called a FEDMIT.

926
01:11:49,260 --> 01:11:49,660
Yeah, FEDMIT.

927
01:11:49,740 --> 01:11:49,960
Yes.

928
01:11:50,380 --> 01:11:50,540
Yeah.

929
01:11:50,720 --> 01:11:53,280
People will start to actually build on these.

930
01:11:53,360 --> 01:11:55,780
Hopefully, it's like you said, we can iterate faster.

931
01:11:56,560 --> 01:11:56,760
Yeah.

932
01:11:56,860 --> 01:12:01,880
And it will be NOSTER-based and UX will suck and you'll only see half the messages.

933
01:12:02,380 --> 01:12:03,660
And it'll be great.

934
01:12:03,740 --> 01:12:04,340
It'll be more raw.

935
01:12:04,340 --> 01:12:06,860
and you'll really appreciate the messages that do come through.

936
01:12:08,740 --> 01:12:09,380
Totally.

937
01:12:10,320 --> 01:12:11,120
Cool, man.

938
01:12:12,640 --> 01:12:14,140
Is there anything else?

939
01:12:16,140 --> 01:12:23,440
How can, what kind of content, what kind of podcasts are available on your platform

940
01:12:23,440 --> 01:12:26,900
and what's coming and what should people, what should people look for?

941
01:12:28,280 --> 01:12:32,720
Yeah, so we got the Monday live stream, Bitcoin News Weekly.

942
01:12:32,720 --> 01:12:36,100
your former guest on there, new person.

943
01:12:36,220 --> 01:12:37,720
Each Monday, we break down the newsletter

944
01:12:37,720 --> 01:12:39,800
that comes out that Monday morning.

945
01:12:40,460 --> 01:12:41,960
Great to go over the headlines,

946
01:12:42,100 --> 01:12:43,740
the biggest news in Bitcoin,

947
01:12:44,260 --> 01:12:47,080
get a fresh perspective from a new guest each week.

948
01:12:47,540 --> 01:12:49,460
And it's a tight hour, a lot of fun.

949
01:12:49,640 --> 01:12:51,340
All the guests say they have a good time when they come on.

950
01:12:51,460 --> 01:12:54,460
So that's my sign that we're providing some value there.

951
01:12:55,040 --> 01:12:57,400
A new podcast interview comes out

952
01:12:57,400 --> 01:12:59,360
every single week on Wednesdays

953
01:12:59,360 --> 01:13:02,280
on YouTube, Fountain, Spotify,

954
01:13:02,720 --> 01:13:08,460
apple and that's fun and then on fridays we started a new show we're trying to bring the

955
01:13:08,460 --> 01:13:14,680
fun back to bitcoin and everybody does a podcast everybody interviews we want to make it more

956
01:13:14,680 --> 01:13:22,380
game show like talk show like um add in a little levity of the situation give out bitcoin each

957
01:13:22,380 --> 01:13:29,220
show make a sort of community about it and uh yeah that's the friday stack happens 12 30s on fridays

958
01:13:29,220 --> 01:13:35,280
on x and all the other live streaming platforms i still haven't figured out how to stream to

959
01:13:35,280 --> 01:13:41,360
nostr so i might need to uh pay you some stats for a lesson on how to do that but one day i'll

960
01:13:41,360 --> 01:13:45,240
get there i just got on captain so give me some time and then i'll get on nostr i guess

961
01:13:45,240 --> 01:13:51,440
whatever if the group chats and everything else is in a bear market in a recession let me tell

962
01:13:51,440 --> 01:14:00,400
now noser i am i i had tried been trying to load my notifications on primal since october of 17th

963
01:14:00,400 --> 01:14:05,640
and i still can't see them and i think it's because i got into one of those health threats

964
01:14:05,640 --> 01:14:10,880
and so if you get on noser you gotta it's like the worms in uh tremors it's like these health

965
01:14:10,880 --> 01:14:16,320
threats if you get sucked into one of the user experiences it's been nuked but i wouldn't worry

966
01:14:16,320 --> 01:14:22,920
about an Oscar hate to say it guys but you got to fix that shit um but I like the game show idea

967
01:14:22,920 --> 01:14:29,060
I think we need more game shows if you see for a review that orange build family feud we need

968
01:14:29,060 --> 01:14:34,880
everything it's fun but there's reason those things are on tv every day people love game shows

969
01:14:34,880 --> 01:14:40,580
people want to win bitcoin give them a chance to yeah like uh we're doing Mount Rushmore segments

970
01:14:40,580 --> 01:14:49,080
tier lists, trivia, prediction markets, you know, all that kind of just have some fun with it.

971
01:14:49,640 --> 01:14:52,020
We're a little bit too serious sometimes.

972
01:14:52,260 --> 01:14:54,700
So let's enjoy ourselves.

973
01:14:55,320 --> 01:14:56,920
We've got the hardest money in the world.

974
01:14:57,320 --> 01:14:59,480
We've got the sovereignty on our side.

975
01:15:00,160 --> 01:15:01,260
Why not bring back the levity?

976
01:15:02,760 --> 01:15:03,020
All right.

977
01:15:03,380 --> 01:15:03,820
How are we up?

978
01:15:04,300 --> 01:15:06,600
Rob from BitcoinNews.com.

979
01:15:08,040 --> 01:15:09,180
Thanks for joining in.