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Everything I owned would have been sold off. It was horrific. The bigger government is,

2
00:00:07,960 --> 00:00:10,980
the more people are there, it will grift it, and the more it will destroy society.

3
00:00:11,200 --> 00:00:16,240
I just think I'm doing what we said we were going to do. Like, we were meant to go out and fix the

4
00:00:16,240 --> 00:00:21,420
world. We've got a communist government at a time when there's no money, where they're increasing

5
00:00:21,420 --> 00:00:28,080
regulation, increasing taxes, joblessness is going up, the inflation is up, growth is stagnant,

6
00:00:28,080 --> 00:00:35,120
The only sensible path is a peaceful revolution, parallel institutions, privately funded,

7
00:00:35,740 --> 00:00:38,900
doing the job of the state within the law and proving we don't need you.

8
00:00:39,100 --> 00:00:42,900
I want somebody who's going to dismantle the state, the apparatus of the state,

9
00:00:42,960 --> 00:00:44,900
the power of the state and put it into the hands of the people.

10
00:00:45,100 --> 00:00:48,760
He says, I've had enough. I'm fixing this. I'm not taking this shit anymore.

11
00:00:51,480 --> 00:00:55,020
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Is the audio recording?

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I hope so.

44
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Is the audio recording? Did Danny do it?

45
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So it's not muted?

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Are we going to tell the story?

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I mean, together we did, what,

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700 podcasts, 800 podcasts?

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I mean, I hosted, I didn't produce

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700 podcasts. I wasn't the sound engineer

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for 700 podcasts. Correct.

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and I don't... Actually, I was. You were at first. Yeah. And I don't remember ever recording a show

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and muting... That is absolute bullshit. Muting the whole conversation. I never lost a whole

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conversation. I think that's bullshit. No, I once lost my audio. Oh, and you had to re-record.

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Yeah, I had to like sit there and literally... That was before the video days, though.

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Before the video days.

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But yeah, I've never lost a whole audio of a podcast.

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Well, I've done it twice already.

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All right, Jeremy.

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I never did it once.

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Go on, Jeremy.

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I never did it once on What Bitcoin Did, old version,

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but I've done it twice already here.

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So tell the story.

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We took a photo in Manchester in a studio saying,

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we've just recorded it.

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Dropping next week.

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Dropping next week.

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What happened?

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I did press record.

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I technically did press record,

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but I had the channels muted and we got no audio.

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But I just wanted to spend more time with you, Pete.

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We're back.

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We're back.

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We're so back.

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What are we talking about today?

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You being the Bedford Batman.

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You being the host of What Bitcoin Did.

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Yeah.

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Is it weird?

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Is it weird?

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How much do you miss this?

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I've just been in Riga for three days.

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I had a ball.

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I saw all our friends.

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God, there's a lot to answer with that one question alone.

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I miss the ritual.

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like I've swapped out

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meeting you every six weeks

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picking a city

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picking Austin

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Vegas wherever

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meeting you

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and we'd always

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go straight down the pub

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we'd get some

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I don't know

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dirty fries

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drink beer all night

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and we'd spend two weeks

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good times man

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we'd spend two weeks

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with our friends

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I miss Matt

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Odell

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I miss Harry

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I miss the fact that

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I would see each of these people

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three to four times a year

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genuine friends

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HODL

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I miss the fuck out of HODL

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Harry I've messaged

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but in the new drift

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It's a bit like when you're just from school friends,

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like life moves on.

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People live in other countries.

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I miss that.

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I mainly miss you.

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I miss hanging out with you.

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You're like one of my best friends in the world.

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I love you dearly.

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And I miss that.

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I miss...

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We just got to do really interesting things.

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Like that time we went to Vegas

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and we got to ball it in that ridiculous pad.

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That was one of the coolest things I've ever done.

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One of the coolest things.

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And we went to an amazing restaurant.

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Darren Feinstein looked after us.

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And I don't get to do that stuff anymore.

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and... You're in the slums of Bedford instead.

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It was a good life. It was a really, really good life. I don't miss doing the show.

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I was cooked on the show, as you know. I think we... The original plan was to stop it in...

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January. January. And then I think I'm probably... When did we stop?

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I think it was the very end of August was the last trip. Is whenever the... Was it around the

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Nashville conference? Maybe, but we... And then I said, yeah, I can't do January. I think I said

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there was like a trip in November and then that last trip I got on the plane and I think I, as

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soon as I landed I said yeah I'm done. Yeah. Last trip. It was the first thing you said to me when I

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walked through the door, I still remember it. Yeah look, so many reasons man. Craig Wright lawsuit

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took a lot out of me. That was brutal. That was five years of fucking hell and you went through

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all that with me, you know the depths that we can get into the depths of that crap. But mainly I mean

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When after my divorce, I went on holiday to see my mate Justin in LA,

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and I was feeling low, and I was great there,

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and I really enjoyed going out there,

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and when I was flying back, I felt like crap.

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And so I booked another trip, and I started to realize,

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like, actually, if I had a trip booked, it'd be great.

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And I just think life led me to needing to do a podcast, to travel,

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and the whole thing flipped.

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By the end of it, I started to, like, not look forward to the trips.

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It's like, gotta get on the plane.

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By the way, this is everyone you talk to about who travels for work, external people think

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it's brilliant.

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They're like, oh my god, this is amazing.

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Because it is at first.

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You sound so spoiled saying it's tough.

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Yeah.

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And it is at first because you go down to the airport and you sit there and you do a

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bit of work.

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You get on the plane, watch a film, and then you land in a city and it's amazing.

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But then it just becomes the job and you'll get this at some point and it becomes a drag.

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You're away from your family, away from your kids, you're tired.

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And I guess I just, I'd done enough on Bitcoin.

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I'd made 860, you know, I mean, I just, I was cooked on Bitcoin.

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I was cooked on the show.

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So I don't miss making that show.

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I still get to make a podcast, which I'm happy with.

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I miss our friends.

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I miss you.

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I miss that ritual.

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There was no part of being in a Airbnb with you for two weeks and making podcasts I didn't enjoy.

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It was so much fun.

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It was cool.

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So that's what I miss.

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I miss that.

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Like now I'm doing the traveling.

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I'm doing it solo.

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I mean, hotel rooms or Airbnb's on my own.

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I've actually been roping Eric Yakes in to stay with me

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just so I have someone to talk to.

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You need a Danny.

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I need a Danny.

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You need a Danny.

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Eric was kind of my Danny on the Riga trip.

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Are you enjoying it?

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00:08:09,900 --> 00:08:10,980
I mean, I'm loving it.

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00:08:11,160 --> 00:08:14,020
But it's funny, like when you talk about the travel,

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I know I've not been doing this long ago.

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I think I first did the trip with you in 2020 or 21.

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It was after COVID.

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New York.

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Yeah, New York.

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We were like two little kids

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who hadn't seen each other ages.

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00:08:25,480 --> 00:08:26,700
But we'd never seen each other.

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Because we'd been working.

200
00:08:27,560 --> 00:08:29,000
Like I started with the Pakistan.

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I can never actually remember what it was.

202
00:08:30,160 --> 00:08:32,800
I think it was early 2019 is when I properly started.

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00:08:33,340 --> 00:08:35,220
But we went through a phase there where,

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like, it starts off like anything,

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where you talk every now and again,

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00:08:38,380 --> 00:08:39,960
and you just, I was just doing the work.

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But then after a while, we were talking every day,

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00:08:42,480 --> 00:08:44,280
and then every day for like two hours every day.

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00:08:44,360 --> 00:08:45,940
I'd go for a walk around the park, and I'd call you.

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00:08:45,980 --> 00:08:47,540
Yeah, that's right. That was the COVID walk.

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00:08:48,600 --> 00:08:49,260
It's good to talk a lot.

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00:08:49,680 --> 00:08:50,860
Yeah, but not like we used to.

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00:08:51,000 --> 00:08:55,220
No, I'd say, I would say we speak every two, three, four days.

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00:08:56,280 --> 00:08:57,120
Occasionally, it's an hour.

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00:08:57,120 --> 00:09:02,100
occasionally it's you know and it's like how's your show going or i've i've done this what do

216
00:09:02,100 --> 00:09:05,900
you think occasionally it's like five i can't talk now chat you later five minutes and it is different

217
00:09:05,900 --> 00:09:11,520
but that travel is it like it i think i've got a really nice balance where the travel's rough

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00:09:11,520 --> 00:09:15,640
being away from the family sucks but when i'm there it's amazing six foot three and economy's

219
00:09:15,640 --> 00:09:21,780
rough yeah exactly six four come on um but the trade-off's great because when i'm home i can

220
00:09:21,780 --> 00:09:25,860
actually be home um it's not like i'm going and doing a nine-to-five in an office and not ever

221
00:09:25,860 --> 00:09:29,360
see my daughter. Like I'm away for a while, but when I'm back, I can actually be dad, which is

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00:09:29,360 --> 00:09:34,460
the cool thing. It's so funny you should say that, right? So one of the things for stopping it was

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00:09:34,460 --> 00:09:40,220
traveling, making 20 shows and coming back. I was like, get a studio in London. It'll be a lot

224
00:09:40,220 --> 00:09:45,620
easier. This has actually been harder because rather than just locking ourselves away for two

225
00:09:45,620 --> 00:09:50,880
weeks and making 15 shows, 20 shows, because then I would get back, you would just edit them, get

226
00:09:50,880 --> 00:09:54,980
them ready. Ben would, we'd talk about the title and off it would go. I think that was literally

227
00:09:54,980 --> 00:10:01,060
the call would be what's the title um and then but with this we're coming in sometimes three days a

228
00:10:01,060 --> 00:10:05,140
week sometimes two days a week and we're just all over the place in some ways i'll say in a com

229
00:10:05,140 --> 00:10:09,140
maybe we should come down for three days stack them yeah stack six shows and then

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00:10:10,100 --> 00:10:13,060
then i can go off and do work for two weeks because you've got a lot of stuff to do in bedford

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00:10:13,060 --> 00:10:16,980
loads man which before we talk about that though it's funny when i was in riga someone was asking me

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00:10:17,540 --> 00:10:22,900
like how did the conversation go when you and pete decided to essentially break up um and i was like

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00:10:22,900 --> 00:10:23,920
It was like a breakup.

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00:10:24,480 --> 00:10:25,400
Like, do you remember in Sydney?

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00:10:26,360 --> 00:10:29,020
When you came into Sydney for Cheat Code,

236
00:10:29,500 --> 00:10:31,940
and I'd been thinking about it,

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00:10:31,960 --> 00:10:34,560
and I was like, I basically couldn't move back to the UK

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to do this podcast.

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It was clear that that wasn't going to work,

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00:10:36,940 --> 00:10:38,220
and something else was going to have to happen.

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00:10:38,620 --> 00:10:41,040
And you came into the hotel we were staying at in Sydney.

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00:10:41,120 --> 00:10:42,060
It was like 11 a.m.

243
00:10:42,060 --> 00:10:43,500
You were straight off a 24-hour flight,

244
00:10:43,840 --> 00:10:44,720
and you were like, old-fashioned?

245
00:10:46,180 --> 00:10:49,820
And we spoke in that bar for like seven hours.

246
00:10:49,940 --> 00:10:50,660
It was emotional.

247
00:10:51,340 --> 00:10:52,600
And we felt like breaking up with a girl.

248
00:10:52,900 --> 00:10:54,820
Well, do you know what we did?

249
00:10:55,260 --> 00:10:59,060
We kind of did that thing where you go on a break and still shagged.

250
00:10:59,760 --> 00:11:00,500
That's what we did.

251
00:11:00,620 --> 00:11:03,740
That's essentially what we did because it was like, let's do this new show.

252
00:11:04,420 --> 00:11:07,020
And how many did we make with you on the Mr.

253
00:11:07,020 --> 00:11:08,480
It would have been less than 10, I think.

254
00:11:08,580 --> 00:11:09,140
Less than 10.

255
00:11:09,580 --> 00:11:11,340
It wasn't the same.

256
00:11:11,400 --> 00:11:11,880
It didn't work.

257
00:11:12,560 --> 00:11:17,460
Actually, I remember we were doing one interview and I knew myself.

258
00:11:17,700 --> 00:11:20,180
And I think I said to you after the interview, I was like, it doesn't make sense.

259
00:11:20,180 --> 00:11:24,840
It doesn't work because Bitcoin was my thing that became our thing,

260
00:11:25,020 --> 00:11:26,440
and we were on the same page.

261
00:11:26,640 --> 00:11:28,680
What I'm making now is definitely it's my thing.

262
00:11:28,780 --> 00:11:29,500
It's a different page.

263
00:11:30,140 --> 00:11:32,820
And it didn't work, and I knew it didn't work.

264
00:11:32,860 --> 00:11:33,740
I would have made it work.

265
00:11:33,800 --> 00:11:35,040
I would have carried on with you forever.

266
00:11:36,120 --> 00:11:37,240
Was it you who said to me first,

267
00:11:37,300 --> 00:11:38,860
I want to bring what Bitcoin did back?

268
00:11:38,940 --> 00:11:40,180
Yeah, that was in Sydney.

269
00:11:41,020 --> 00:11:43,440
I was in some ways relieved, like when you told me.

270
00:11:43,480 --> 00:11:46,040
I was like, because I knew it wasn't working.

271
00:11:46,200 --> 00:11:47,080
I knew you had to do your own thing.

272
00:11:47,080 --> 00:11:51,440
Look, in hindsight, I think as a breakup, it was a good one.

273
00:11:52,120 --> 00:11:52,740
That's true.

274
00:11:53,440 --> 00:11:54,700
We gave friends or whatever.

275
00:11:55,140 --> 00:11:56,460
But I mean, what's it like being a host?

276
00:11:56,580 --> 00:11:57,220
Are you enjoying it?

277
00:11:57,740 --> 00:11:58,500
What's the challenge?

278
00:11:58,600 --> 00:12:00,340
What's the difference being foil to the host?

279
00:12:01,460 --> 00:12:04,800
I mean, I think the main difference is like finding out what my show is.

280
00:12:04,920 --> 00:12:05,160
Okay.

281
00:12:05,820 --> 00:12:07,820
And I feel like I've found my feet with it now.

282
00:12:07,900 --> 00:12:11,120
But at first it was like, I don't just want to be Pete McCormack too.

283
00:12:11,580 --> 00:12:12,060
Do you know what I mean?

284
00:12:12,320 --> 00:12:15,160
I'm taking the brand, but I want it to be different in some way.

285
00:12:15,160 --> 00:12:15,340
Yeah.

286
00:12:15,340 --> 00:12:18,300
And I think that was probably the biggest challenge at first.

287
00:12:18,440 --> 00:12:20,900
And like the first few interviews, I was super nervous,

288
00:12:21,040 --> 00:12:22,480
like felt a little bit awkward doing it,

289
00:12:22,540 --> 00:12:24,380
but I'm feeling pretty comfortable now.

290
00:12:24,480 --> 00:12:25,020
You're nervous now?

291
00:12:25,640 --> 00:12:26,880
Do you know what? I'm not at all.

292
00:12:27,220 --> 00:12:28,220
Because you've already done it once.

293
00:12:28,260 --> 00:12:28,680
Yeah, exactly.

294
00:12:28,800 --> 00:12:29,800
Honestly, that's what I was going to say.

295
00:12:29,840 --> 00:12:30,640
When we did it in Manchester,

296
00:12:31,020 --> 00:12:33,640
I said to Lynn actually after an interview I did with her,

297
00:12:33,740 --> 00:12:35,260
not the most recent one, but before that,

298
00:12:35,300 --> 00:12:37,580
I was like, Lynn, you're the only person I get nervous talking to

299
00:12:37,580 --> 00:12:40,520
because I think Lynn's so amazing and she's so smart.

300
00:12:40,580 --> 00:12:41,980
I want to make sure I can give her questions

301
00:12:41,980 --> 00:12:44,000
that she actually finds interesting.

302
00:12:44,000 --> 00:12:46,840
But then before Manchester, I was a little bit nervous

303
00:12:46,840 --> 00:12:48,660
because this feels like a special show.

304
00:12:49,220 --> 00:12:51,820
Look, it won't be because it won't be one of your highest numbers.

305
00:12:52,240 --> 00:12:54,100
People want to hear from Jeff Booth and Lynn and stuff.

306
00:12:54,200 --> 00:12:56,080
And maybe people want to hear from me.

307
00:12:56,240 --> 00:13:02,840
But look, it's a weird one because some people are like,

308
00:13:02,900 --> 00:13:04,520
do you regret giving up what Bitcoin did?

309
00:13:04,880 --> 00:13:06,480
I'm like, I absolutely don't.

310
00:13:07,420 --> 00:13:10,060
There couldn't have been a better scenario than you taking it on

311
00:13:10,060 --> 00:13:11,920
and carrying it on and having you.

312
00:13:11,920 --> 00:13:13,720
Look, being the fool's great.

313
00:13:13,720 --> 00:13:16,300
We had a lot of fun, but obviously being the own host, it's like so much better.

314
00:13:16,420 --> 00:13:16,580
Yeah.

315
00:13:16,640 --> 00:13:17,260
It's your gig.

316
00:13:17,360 --> 00:13:18,260
You get some control of it.

317
00:13:18,760 --> 00:13:22,620
You are a massive part of what it was and like all power to you, man.

318
00:13:22,780 --> 00:13:23,220
You could crush it.

319
00:13:23,360 --> 00:13:24,600
It's been pretty fun.

320
00:13:24,820 --> 00:13:26,060
But you're different to me though.

321
00:13:26,180 --> 00:13:31,240
Like you, you were, you were, it was a bit like, do you remember Sock AM when, what's

322
00:13:31,240 --> 00:13:31,460
his name?

323
00:13:31,480 --> 00:13:32,580
He's come on with his one question.

324
00:13:34,120 --> 00:13:34,320
What's his name?

325
00:13:34,320 --> 00:13:34,800
Tim Lovejoy.

326
00:13:34,980 --> 00:13:37,840
No, it was the side gig person.

327
00:13:38,060 --> 00:13:39,800
Oh, like the guy who was an alcoholic.

328
00:13:40,000 --> 00:13:40,180
Yeah.

329
00:13:40,180 --> 00:13:40,360
Yeah.

330
00:13:40,360 --> 00:13:44,600
He would come and do what, like, you would always do, like, the best question of the episode,

331
00:13:44,700 --> 00:13:45,540
like the intelligent one.

332
00:13:45,600 --> 00:13:47,620
And now you've just made that a show.

333
00:13:47,980 --> 00:13:51,860
Yours is more to the point, more accurate, more intelligent.

334
00:13:52,020 --> 00:13:55,020
I have to now occasionally read people say, this is a much better show without Pete.

335
00:13:55,120 --> 00:13:56,100
Well, I see the other ones too.

336
00:13:56,160 --> 00:13:56,520
Don't worry.

337
00:13:56,740 --> 00:13:59,180
And I mean, I don't talk about Bedford as much.

338
00:13:59,300 --> 00:14:00,280
No, you don't.

339
00:14:00,380 --> 00:14:02,100
But I do talk about it a little bit.

340
00:14:02,200 --> 00:14:02,760
It has come up.

341
00:14:02,820 --> 00:14:05,040
But before we do the Bedford thing, do you want to talk about Craig Wright?

342
00:14:05,680 --> 00:14:08,740
Because I think the story, everyone knows the story now.

343
00:14:08,980 --> 00:14:09,760
Well, they don't know everything.

344
00:14:09,760 --> 00:14:14,600
But that's the point. I think the more interesting stuff is basically that month we spent in Austin.

345
00:14:15,180 --> 00:14:23,500
Well, that was horrific. I mean, look, we all know who Craig Wright is. We all know who he said he was.

346
00:14:23,660 --> 00:14:30,260
None of us believed him. Strategically, him and Calvin made the decision to start suing people.

347
00:14:31,300 --> 00:14:39,240
For some, somehow they concocted an idea in their head. If they could win legitimacy through the courts that you can't call him Craig Wright,

348
00:14:39,240 --> 00:14:44,200
you could then sue the developers to get them to fork the code

349
00:14:44,200 --> 00:14:45,400
to give him the Satoshi coins.

350
00:14:45,840 --> 00:14:47,520
Like it was so far-fetched.

351
00:14:47,920 --> 00:14:50,020
Even if they, by the way, it would have been fascinating to watch.

352
00:14:50,060 --> 00:14:53,240
Even if they'd got to that point, there would have been another fork

353
00:14:53,240 --> 00:14:54,000
and everyone would have made that.

354
00:14:54,000 --> 00:14:54,600
It still would have worked.

355
00:14:54,760 --> 00:14:58,220
But it was just the fact that what went through their heads,

356
00:14:58,260 --> 00:14:59,280
I have no idea.

357
00:14:59,720 --> 00:15:01,700
But they went after our brother Hodlernort,

358
00:15:02,680 --> 00:15:04,440
and Hodlernort messaged me and said,

359
00:15:04,820 --> 00:15:08,200
I'm being sued, they're trying to dox me, what should I do?

360
00:15:08,200 --> 00:15:10,340
and he showed me the legal documents.

361
00:15:10,420 --> 00:15:11,060
I was like, well, fuck it.

362
00:15:11,580 --> 00:15:14,780
I host a podcast and it's quite big.

363
00:15:14,940 --> 00:15:17,120
And I think if I get them to come after me,

364
00:15:17,480 --> 00:15:19,400
everyone will back me and we'll sort this out.

365
00:15:19,460 --> 00:15:21,940
So I was like, out there, you're a fraud and you're a moron.

366
00:15:22,080 --> 00:15:22,820
Fuck you, bum beard.

367
00:15:23,920 --> 00:15:25,420
And so then I got served papers

368
00:15:25,420 --> 00:15:27,760
and I was very naive to what this all meant.

369
00:15:27,840 --> 00:15:32,980
And then that put me into this five and a half year vortex.

370
00:15:33,300 --> 00:15:35,120
And actually the two people who lived it the most with me

371
00:15:35,120 --> 00:15:36,060
are in this room, it's you and Connor.

372
00:15:36,060 --> 00:15:43,500
and the culmination was that was I didn't realize what a libel lawsuit in the UK meant

373
00:15:43,500 --> 00:15:48,120
it meant you can weaponize the courts if you've got money you could basically you could strategically

374
00:15:48,120 --> 00:15:53,840
try and bankrupt somebody because if they pull out they admit defeat and you lose I got to the

375
00:15:53,840 --> 00:15:58,120
point where I ran out money I had some people thankfully backed me one person specifically

376
00:15:58,120 --> 00:16:03,220
you know you are if you're listening thank you very much but I also spent hundreds of thousands

377
00:16:03,220 --> 00:16:06,420
of pounds of my own money. I got to a point where I had no money and represented myself for one

378
00:16:06,420 --> 00:16:11,000
hearing, which I fucked up. Why did you fuck it up? Because I don't understand how the courts work

379
00:16:11,000 --> 00:16:16,220
and I'm not a QC. Well, QC at the time, now Casey. Like we went through it. But what mistakes did

380
00:16:16,220 --> 00:16:20,080
you make? I just didn't know what the fuck I was doing. Like I didn't understand the court procedure.

381
00:16:20,340 --> 00:16:24,460
I couldn't prepare. I couldn't make arguments. You cannot represent yourself in these situations.

382
00:16:24,460 --> 00:16:33,440
It's very hard. Then my, at the time, QC, Casey Now, said, look, we'll go. We've got an idea.

383
00:16:33,700 --> 00:16:38,100
We'll represent you at the next hearing. No win, no fee. Just on this. We'll try and get you to

384
00:16:38,100 --> 00:16:46,140
this point. Anyway, we got, it went on and on and on. And about, I don't know, say six months

385
00:16:46,140 --> 00:16:53,560
before trial. I'll probably have the timeline wrong. You and I are in Austin. I think it was a

386
00:16:53,560 --> 00:16:58,360
an offer to Craig Wright to settle. I looked at everything I could scrap together and it was about

387
00:16:58,360 --> 00:17:04,440
£230,000 and I just went to them and said, I can't carry this on. I'll offer to settle.

388
00:17:04,440 --> 00:17:07,080
Here's £230,000. We'll walk away. They turned it down.

389
00:17:07,080 --> 00:17:09,560
Can we actually take a step back first? Yeah.

390
00:17:09,560 --> 00:17:13,960
Because I think earlier in the lawsuit, maybe very, very early in the first months of it,

391
00:17:13,960 --> 00:17:18,680
they offered to settle with you, didn't they? Oh yeah, but I mean, they said, we'll drop the case,

392
00:17:19,480 --> 00:17:23,160
all the fees. I think they even said they'll pay my fees, but I could be wrong about that.

393
00:17:23,560 --> 00:17:30,320
All we need you to do is sign a statement of truth saying that you believe Craig Wright

394
00:17:30,320 --> 00:17:31,320
is a toe shit.

395
00:17:31,320 --> 00:17:32,820
I was obviously like, you can fucking suck my dick.

396
00:17:32,820 --> 00:17:35,260
I'm not fucking doing that.

397
00:17:35,260 --> 00:17:39,000
Probably should have in the end because it was very painful, that whole process.

398
00:17:39,000 --> 00:17:40,000
But yeah, no, fuck off.

399
00:17:40,000 --> 00:17:41,000
It's not happening.

400
00:17:41,000 --> 00:17:43,600
But so then you offered, you went back to them and said, we'll settle for this.

401
00:17:43,600 --> 00:17:45,720
Yeah, they said no.

402
00:17:45,720 --> 00:17:51,700
And that's not long after that, I took that phone call in Austin with my lawyers preparing

403
00:17:51,700 --> 00:17:59,920
me for bankruptcy, which I, again, naive, I wasn't prepared for. But in the UK, maybe

404
00:17:59,920 --> 00:18:05,380
the same elsewhere, if you lose, you have to pay whatever the judgment is from the lawyer.

405
00:18:05,960 --> 00:18:10,760
And you also have to pay your own legal fees, and then you have to pay their legal fees.

406
00:18:11,440 --> 00:18:15,020
His legal fees were millions, three and a half million, mine were one and a half million.

407
00:18:15,020 --> 00:18:18,320
I'd paid some through it, but I still owed them 750 grand.

408
00:18:18,920 --> 00:18:24,060
I didn't have a net wealth of £6 million to cover all that.

409
00:18:24,200 --> 00:18:27,540
So they walked me through the process, and the process was this.

410
00:18:28,560 --> 00:18:29,980
Immediate sale of all your assets.

411
00:18:30,400 --> 00:18:31,340
You know, cars.

412
00:18:32,360 --> 00:18:33,040
Well, not house.

413
00:18:34,220 --> 00:18:34,660
Businesses.

414
00:18:34,720 --> 00:18:36,300
Podcasts would have been sold to the highest bidder,

415
00:18:36,680 --> 00:18:37,960
which I guess would have been them.

416
00:18:39,140 --> 00:18:40,680
Buy shares in the football club, everything.

417
00:18:40,740 --> 00:18:42,800
Everything I owned would have been sold off.

418
00:18:42,800 --> 00:18:44,920
You keep your house for a year because you've got kids.

419
00:18:45,020 --> 00:18:48,780
They give you a year to find new accommodation, then your house gets sold and they get that.

420
00:18:48,780 --> 00:18:52,460
And then you're bankrupted, which means seven years you can't be a company director.

421
00:18:52,460 --> 00:18:55,100
So basically I would be fucked. My kids come out of school,

422
00:18:55,100 --> 00:18:58,780
cannot afford to pay for anything, no job, no money. I mean, I'm sure I could have got a job.

423
00:18:59,420 --> 00:19:02,940
And I don't know if that meant during the job I would constantly have a debt to them or whatever.

424
00:19:02,940 --> 00:19:08,620
But essentially they would have destroyed my ability to earn a living and all my wealth.

425
00:19:09,260 --> 00:19:13,020
It was horrific. And I went through it. You were there, I did the call.

426
00:19:13,020 --> 00:19:15,700
and then we were trying to think of, well, is there ways can I sell?

427
00:19:15,780 --> 00:19:18,960
And any way we tried to think of hiding the asset and moving the asset,

428
00:19:19,320 --> 00:19:20,300
there could have been a clawback.

429
00:19:20,560 --> 00:19:21,940
So, no, I was fucked.

430
00:19:23,080 --> 00:19:26,760
And my lawyer said, look, you're going to lose the libel.

431
00:19:27,320 --> 00:19:28,040
And then that's that.

432
00:19:28,140 --> 00:19:29,320
I talked about it on Nat Brunel's show,

433
00:19:29,380 --> 00:19:33,020
that whole weird thing where that Twitter account, TrackBender,

434
00:19:33,200 --> 00:19:37,760
which is a real doll, fake doll with massive tits,

435
00:19:37,960 --> 00:19:41,280
who always posts Bitcoin stuff, anti-Craig Wright stuff.

436
00:19:41,280 --> 00:19:47,220
although I've seen some weird messages about that account recently, but anyway, and occasionally it's like the cleavage with a Bitcoin bee in it or something.

437
00:19:47,280 --> 00:19:48,460
It's just the weirdest account.

438
00:19:48,880 --> 00:19:50,880
He's been messaging me about Craig Wright for a while, though, whatever.

439
00:19:52,040 --> 00:20:00,380
Came to me and said, look through the evidence, go and double check the conferences.

440
00:20:02,000 --> 00:20:02,660
It's false.

441
00:20:02,660 --> 00:20:10,600
And what happens is, in a libel lawsuit in the UK, you have to prove something called serious harm.

442
00:20:11,160 --> 00:20:13,580
It's like, I can say, Danny's a shit podcaster.

443
00:20:14,440 --> 00:20:16,340
You can sue me for libel, but if there's no harm to you,

444
00:20:16,400 --> 00:20:17,500
there's no compensation.

445
00:20:17,680 --> 00:20:18,260
There's no point.

446
00:20:18,520 --> 00:20:20,760
So you would have to say, after Pete said that,

447
00:20:21,160 --> 00:20:23,220
people were tweeting that I'm a shit podcaster

448
00:20:23,220 --> 00:20:25,080
and people stopped listening and blah, blah, blah.

449
00:20:25,440 --> 00:20:27,100
It's a crap example, but that's why.

450
00:20:27,200 --> 00:20:29,280
So on his serious harm, he put three things.

451
00:20:29,640 --> 00:20:32,080
He said he was too scared to drop his kids off at school

452
00:20:32,080 --> 00:20:33,440
because of reputational damage.

453
00:20:33,600 --> 00:20:35,720
Like any of those parents have seen my tweets, but whatever.

454
00:20:36,060 --> 00:20:38,140
He said he couldn't be a pastor anymore

455
00:20:38,140 --> 00:20:41,560
and that he was disinvited from 10 conferences.

456
00:20:42,620 --> 00:20:44,920
So I was like, well, what have I got to lose?

457
00:20:44,960 --> 00:20:47,460
So I got the list of conferences because they're in his evidence

458
00:20:47,460 --> 00:20:50,080
and I phoned up the first one, no answer, second one, no answer,

459
00:20:50,200 --> 00:20:51,380
third one, a guy picks up.

460
00:20:51,900 --> 00:20:53,460
And I just said, look, I need to talk to you about something.

461
00:20:53,460 --> 00:20:55,320
I'm in a lawsuit in the UK.

462
00:20:56,100 --> 00:20:58,140
A man called Craig writes through me for libel.

463
00:20:58,360 --> 00:21:00,840
In his claim is that because of my tweets,

464
00:21:00,920 --> 00:21:02,460
you disinvited him from the conference.

465
00:21:03,080 --> 00:21:04,940
What I didn't know is a lot of these conferences

466
00:21:04,940 --> 00:21:09,100
keep all these records of who was invited,

467
00:21:09,280 --> 00:21:10,720
how they're invited, how they're applied,

468
00:21:10,800 --> 00:21:11,560
and what the decisions were,

469
00:21:11,600 --> 00:21:13,460
because there's a board sometimes who makes decisions.

470
00:21:14,200 --> 00:21:15,540
I can't remember the exact same example,

471
00:21:15,640 --> 00:21:16,960
but it was something along the lines of,

472
00:21:17,000 --> 00:21:18,600
because he went away and called me back and he said,

473
00:21:19,120 --> 00:21:21,160
no, he wasn't disavited because your tweets,

474
00:21:21,340 --> 00:21:22,520
I haven't even seen your tweets.

475
00:21:23,180 --> 00:21:28,980
He wasn't invited because he applied,

476
00:21:29,120 --> 00:21:29,780
he sent his paper,

477
00:21:30,200 --> 00:21:32,540
and it was rejected for being such low quality.

478
00:21:32,540 --> 00:21:35,260
And I managed to speak to three or four of them.

479
00:21:35,260 --> 00:21:37,980
And one was like, because his paper was fraudulent,

480
00:21:37,980 --> 00:21:39,660
it was like a plagiarization.

481
00:21:39,660 --> 00:21:41,820
But not a single one was.

482
00:21:42,380 --> 00:21:45,180
And the way the court process works in the UK is,

483
00:21:45,180 --> 00:21:49,500
they're trying to stop the final court hearing to make a decision.

484
00:21:49,500 --> 00:21:51,660
They want you to get to a point where you agree.

485
00:21:51,660 --> 00:21:53,980
And so you have to submit, the minute we know,

486
00:21:53,980 --> 00:21:55,340
we have to send to them and say,

487
00:21:55,340 --> 00:21:57,980
we know, factually, you've lied here.

488
00:21:59,340 --> 00:22:01,820
And then they have to come back and say whether they did lie or not.

489
00:22:01,820 --> 00:22:04,200
because he's been caught, he has to come back and say,

490
00:22:04,280 --> 00:22:07,440
yes, I lied. On my witness of truth, I put that it's not true.

491
00:22:07,520 --> 00:22:09,620
But there was... And then he put this other one.

492
00:22:09,700 --> 00:22:11,200
But there was this other conference.

493
00:22:12,160 --> 00:22:15,200
So we found the person, we were going to fly them over for the hearing.

494
00:22:16,200 --> 00:22:17,700
And then he came back and said that was another lie.

495
00:22:17,780 --> 00:22:19,620
So he's been caught twice signing the witness of truth.

496
00:22:19,700 --> 00:22:21,980
And this is one thing that's really good about the UK courts.

497
00:22:22,060 --> 00:22:24,620
The judges hate lying. The minute you've been caught lying,

498
00:22:24,700 --> 00:22:26,200
you lose all credibility.

499
00:22:26,900 --> 00:22:29,240
And what was brilliant is that we still went to trial.

500
00:22:29,240 --> 00:22:35,080
And my Casey, Katrin Evans from Matrix, big love to you Katrin,

501
00:22:35,080 --> 00:22:38,240
made him go through every one. She went,

502
00:22:38,240 --> 00:22:44,000
this conference X, you said X, is that true?

503
00:22:44,000 --> 00:22:46,000
And he had to go, no, it isn't true.

504
00:22:46,000 --> 00:22:50,240
And she said, so you signed a witness of truth against serious harm

505
00:22:50,240 --> 00:22:53,660
that all these conferences, you were disinvited because of Pete's tweet,

506
00:22:53,660 --> 00:22:55,240
not true. And he had to admit that wasn't true.

507
00:22:55,240 --> 00:23:06,895
And strategically what we went for in the end was was I libelled him that I said he not Satoshi and he a liar I cannot prove he isn

508
00:23:07,155 --> 00:23:08,875
So under UK law, I've libelled him.

509
00:23:08,955 --> 00:23:09,555
As ridiculous as that is.

510
00:23:09,555 --> 00:23:11,995
Because the burden of truth is on you to find who Satoshi actually is.

511
00:23:12,135 --> 00:23:12,335
Yeah.

512
00:23:13,375 --> 00:23:14,575
It's hard to prove a negative.

513
00:23:15,415 --> 00:23:16,715
So I have libelled him.

514
00:23:17,695 --> 00:23:19,535
It's dumb, but I've libelled him.

515
00:23:19,875 --> 00:23:23,295
And they said, what we will do, we will go for a £1 judgment.

516
00:23:23,295 --> 00:23:28,835
say, yes, Peter's libeled him, but his conduct is so bad, wasted time and money in the courts,

517
00:23:28,995 --> 00:23:31,575
he only deserves a £1 judgment. And that's what we got.

518
00:23:31,895 --> 00:23:34,375
Which is essentially a win for you, even though technically it's not.

519
00:23:34,575 --> 00:23:38,535
I mean, I remember we were in Hawaii on holiday, like at the end of all this,

520
00:23:39,155 --> 00:23:42,635
relieved, but like it's over, but not knowing what the judgment was being.

521
00:23:42,755 --> 00:23:44,915
I remember I got a call from Rupert, my lawyer.

522
00:23:46,135 --> 00:23:47,715
Do you know the funny thing about that? Just quickly.

523
00:23:48,195 --> 00:23:50,135
There's certain things that happen where you remember where you are.

524
00:23:50,135 --> 00:23:52,095
I remember where I was when you called me.

525
00:23:52,095 --> 00:23:56,335
Yeah. It was outside a bar in Manchester that was called Pedro's.

526
00:23:57,635 --> 00:24:05,395
Yeah. I remember where I was when you found out you'd won and 9-11. But yeah, so at this point,

527
00:24:05,435 --> 00:24:12,095
he called me and I went outside, left the kids, got in the elevator, and he told me that

528
00:24:12,095 --> 00:24:17,955
we'd been successful. It was a £1 judgment. I actually cried. I did. Do you remember it at all,

529
00:24:17,955 --> 00:24:26,115
on. Yeah, I was surprised. It was total relief because the one pound judgment isn't in itself

530
00:24:26,115 --> 00:24:30,735
like vindication. It's the fact that I didn't have to pay his legal fees and he had to pay

531
00:24:30,735 --> 00:24:37,155
mine back. And I got 85% of my legal fees back. So I still lost a bit, but I got 85% back.

532
00:24:37,775 --> 00:24:40,955
But from going from thinking you may be bankrupt to getting 85% of your legal fees.

533
00:24:41,235 --> 00:24:44,255
Game changer. And look, now we know everything that's happened since,

534
00:24:44,255 --> 00:24:50,175
you know there is a probability that I would have got everything back somehow in a different way but

535
00:24:50,175 --> 00:24:54,315
what damage would have been done in the would I have lost my house in that process and how would

536
00:24:54,315 --> 00:25:02,535
I get another house like it would have been would have been savage um so yeah uh I'm I'm so intrigued

537
00:25:02,535 --> 00:25:06,255
by him as a human though the question that always sits with me is

538
00:25:06,255 --> 00:25:12,835
did he convince himself he was him?

539
00:25:13,495 --> 00:25:15,615
Or, like, would he go back at the end of the day

540
00:25:15,615 --> 00:25:17,135
of saying he's Satoshi and go,

541
00:25:17,175 --> 00:25:18,555
fucking hell, I'm not getting away with this,

542
00:25:18,635 --> 00:25:19,555
or today went well?

543
00:25:19,835 --> 00:25:22,595
Or did he just assume the character

544
00:25:22,595 --> 00:25:24,895
and become that person?

545
00:25:24,995 --> 00:25:25,655
Now I don't know.

546
00:25:25,695 --> 00:25:26,515
I'd love to ask him that.

547
00:25:26,735 --> 00:25:28,295
I would happily do this.

548
00:25:28,435 --> 00:25:29,435
Sit down with him and say,

549
00:25:30,055 --> 00:25:31,435
bygones be bygones, we've been through it.

550
00:25:31,755 --> 00:25:32,575
I'm just fascinated.

551
00:25:32,695 --> 00:25:33,635
I've got so many questions.

552
00:25:33,735 --> 00:25:34,835
I'd love to do that.

553
00:25:34,835 --> 00:25:39,475
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554
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560
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561
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562
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563
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565
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566
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578
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581
00:27:21,895 --> 00:27:24,715
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583
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584
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585
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587
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589
00:27:55,355 --> 00:27:56,535
I'd love to talk to Calvin Air.

590
00:27:57,015 --> 00:27:58,755
Well, we should talk about Calvin Air.

591
00:27:58,855 --> 00:28:01,335
I don't know what you can say and what you can't say, but...

592
00:28:01,335 --> 00:28:02,015
I used to text him.

593
00:28:02,535 --> 00:28:03,615
We should talk about that.

594
00:28:04,055 --> 00:28:06,795
But I remember when we were in Austin, when this was really bleak,

595
00:28:06,975 --> 00:28:10,235
and you were, like, fucking depressed.

596
00:28:10,515 --> 00:28:10,755
Yep.

597
00:28:10,955 --> 00:28:13,595
And I remember even you saying then,

598
00:28:13,875 --> 00:28:15,375
while I think at that point you regretted it,

599
00:28:15,375 --> 00:28:16,775
I'm sure you don't regret the lawsuit now,

600
00:28:17,175 --> 00:28:19,395
but you said then I want to speak to him.

601
00:28:19,695 --> 00:28:20,855
Yeah, just...

602
00:28:20,855 --> 00:28:22,255
I would have just said to Calvin Air,

603
00:28:22,255 --> 00:28:25,775
Look, you're a very, very wealthy man.

604
00:28:26,015 --> 00:28:27,935
You're never going to have to worry about money again.

605
00:28:28,575 --> 00:28:31,515
You are actively destroying my life on a lie.

606
00:28:32,635 --> 00:28:35,075
I want to know, because I want to know,

607
00:28:35,215 --> 00:28:38,275
at what point did Calvin realize the game's up?

608
00:28:38,355 --> 00:28:41,655
Because I believe, Calvin believed that Craig Wright was Satoshi.

609
00:28:41,875 --> 00:28:42,195
Initially.

610
00:28:42,635 --> 00:28:44,415
Initially, because Roger Ver did.

611
00:28:44,575 --> 00:28:46,895
Roger Ver told me in Japan he did, told me he had the keys.

612
00:28:48,395 --> 00:28:51,115
And I think a number of people at certain times believed he was.

613
00:28:52,255 --> 00:28:55,595
And I think other people might have been, well, maybe Izzy isn't.

614
00:28:56,075 --> 00:28:57,855
And so I believe Calvin did believe it.

615
00:28:58,155 --> 00:29:01,395
And I believe he got sold on this idea, look, we should get my coins back.

616
00:29:02,015 --> 00:29:04,515
But I think there probably came a time when Calvin was like,

617
00:29:04,875 --> 00:29:06,875
firstly, things didn't add up.

618
00:29:07,995 --> 00:29:09,955
And then eventually it's like, yeah, fuck, he's not.

619
00:29:10,535 --> 00:29:14,295
And I just want to say to him, look, you're destroying my life.

620
00:29:14,375 --> 00:29:17,035
You're going to destroy my kid's life all on a lie.

621
00:29:17,155 --> 00:29:18,335
Why are you doing this?

622
00:29:19,355 --> 00:29:20,015
I tried to.

623
00:29:20,115 --> 00:29:22,095
Somebody gave me his phone number.

624
00:29:22,095 --> 00:29:23,095
I used to text him.

625
00:29:23,095 --> 00:29:25,095
What did you use to text him, Pete?

626
00:29:25,095 --> 00:29:27,095
So weirdly, I got given the...

627
00:29:27,095 --> 00:29:29,095
I used to text him and go, I forgive you.

628
00:29:29,095 --> 00:29:30,095
Like every single day.

629
00:29:30,095 --> 00:29:31,095
No, every few days.

630
00:29:31,095 --> 00:29:32,095
I don't know.

631
00:29:32,095 --> 00:29:33,095
I'll see if I've got it here.

632
00:29:33,095 --> 00:29:36,095
Because what happened, I was with a guy, coincidentally,

633
00:29:36,095 --> 00:29:40,095
he came to Bedford, he was making one of those endless Satoshi films that we see.

634
00:29:40,095 --> 00:29:42,095
Yeah, I still got it here.

635
00:29:42,095 --> 00:29:44,095
There's loads.

636
00:29:44,095 --> 00:29:49,095
And somebody gave me his number, and so we've called him,

637
00:29:49,095 --> 00:29:51,095
and we got it on film, but he didn't pick up.

638
00:29:51,095 --> 00:29:55,795
I texted him, I said, hi Calvin, it's Peter. So listen, I don't hold any grudges, it is what it is.

639
00:29:56,275 --> 00:29:59,135
I also believe that you may have been wronged. Either way, I think it's time for you and I to

640
00:29:59,135 --> 00:30:03,175
talk. I'd like to explain to you how tough the last five years have been for me, the impact on

641
00:30:03,175 --> 00:30:07,415
my health and my family. I believe all of this can be put behind us and we can make it good.

642
00:30:07,535 --> 00:30:13,355
So shall we speak? No reply. Hi Calvin, disappointed that you didn't reply to me. Either way,

643
00:30:13,455 --> 00:30:18,135
it's pretty clear how the next few months are going to play out. I remain open and willing

644
00:30:18,135 --> 00:30:23,175
to discuss this all with you just let me know so go on and on and then um then it would be like hi

645
00:30:23,175 --> 00:30:27,735
calvin just so you know i forgive you and craig life happens but i don't hold grudges i'm not a

646
00:30:27,735 --> 00:30:32,255
religious person but i thought i'd share this with you and then i sent him john 8 32 then you will

647
00:30:32,255 --> 00:30:36,595
know the truth and the truth shall set you free and then it was like your boy is getting a kick

648
00:30:36,595 --> 00:30:39,895
into the court this week i hope it isn't costing you too much money and you're coping okay with it

649
00:30:39,895 --> 00:30:45,835
all should be all be over soon ready to have a chat when you want calvin just read the settlement

650
00:30:45,835 --> 00:30:50,635
offer. Oh yeah, here we go. Just read the settlement offer. Understand the strategy,

651
00:30:50,775 --> 00:30:58,155
but obviously it won't work. Hard pass. It's over, Calvin. You can save your soul. You can

652
00:30:58,155 --> 00:31:01,215
go public. Say sorry to everyone you attacked. Compensate them and promise to be better.

653
00:31:01,695 --> 00:31:05,335
You can afford this and it will make the world a better place. Remember, I forgive you.

654
00:31:05,835 --> 00:31:11,595
Like I just, but I meant it all. Because it's like, look, if Calvin had come out and said,

655
00:31:11,595 --> 00:31:15,755
oh, I got this totally fucking wrong. I believed him. I fucked up. I'm part of the problem.

656
00:31:15,835 --> 00:31:18,535
Pete, here's the money you lost, I'll make you whole.

657
00:31:19,295 --> 00:31:20,795
Hodl or not, here's the money you lost, I'll make you whole.

658
00:31:21,035 --> 00:31:22,975
I mean, I would just go fair play.

659
00:31:23,415 --> 00:31:27,855
Like, why not go and be the good person

660
00:31:27,855 --> 00:31:29,635
and make whole for the problems you've caused?

661
00:31:30,395 --> 00:31:32,635
And eventually, what happened was

662
00:31:32,635 --> 00:31:34,595
the messages stopped going blue,

663
00:31:35,155 --> 00:31:36,115
and they went to green.

664
00:31:36,915 --> 00:31:38,795
And that means...

665
00:31:38,795 --> 00:31:39,915
He's an Android guy now.

666
00:31:39,915 --> 00:31:41,595
He changed phone and disappeared.

667
00:31:41,835 --> 00:31:43,055
And that is what it is.

668
00:31:43,055 --> 00:31:47,655
I'm intrigued by it all. I'm intrigued by them as people.

669
00:31:47,735 --> 00:31:50,855
And yeah, I wonder what will be now for them.

670
00:31:50,935 --> 00:31:53,375
But it was a brutal, savage process.

671
00:31:53,455 --> 00:31:57,495
I felt at times a little bit left hung out to dry.

672
00:31:57,575 --> 00:31:59,015
There were a couple of times people offered to help

673
00:31:59,095 --> 00:32:00,175
when I couldn't afford it.

674
00:32:00,255 --> 00:32:01,895
Do you know one of the things that's cool about that,

675
00:32:01,975 --> 00:32:03,815
and I know you don't want to say, and you can't say,

676
00:32:03,895 --> 00:32:05,135
who helped you with the lawsuit.

677
00:32:05,215 --> 00:32:06,575
There were a couple of people that did.

678
00:32:06,655 --> 00:32:09,255
Some of them were not people you would expect.

679
00:32:09,335 --> 00:32:10,335
No.

680
00:32:10,415 --> 00:32:12,535
And the people that did reach out, it's a bit hard,

681
00:32:12,535 --> 00:32:14,935
because I can't say who, but the people that did reach out and help you

682
00:32:15,575 --> 00:32:18,855
are people that maybe I wouldn't have had a huge amount of respect for before.

683
00:32:18,855 --> 00:32:20,215
Roger Ver did. I'll put that out there.

684
00:32:20,215 --> 00:32:22,055
I don't know because I think I've mentioned that publicly.

685
00:32:22,055 --> 00:32:24,935
And there's no... Look, the US government are trying to fuck him at the moment.

686
00:32:26,375 --> 00:32:29,255
And we all have an opinion, Roger, for certain things.

687
00:32:29,255 --> 00:32:32,935
I spoke to Roger Ver, I called him and said, look, I am fucked here.

688
00:32:32,935 --> 00:32:34,775
And he said, I'll give you the money.

689
00:32:35,415 --> 00:32:38,055
He offered to write me a six-figure cheque straight away.

690
00:32:38,055 --> 00:32:41,175
And then I didn't need it. And that was fine.

691
00:32:41,175 --> 00:32:43,255
And I didn't want to crowdfund because I wasn't broke.

692
00:32:43,255 --> 00:32:44,135
I had money coming in.

693
00:32:45,095 --> 00:32:46,695
I wasn't going to crowdfund people.

694
00:32:46,695 --> 00:32:48,375
I was trying to push you to do that.

695
00:32:48,375 --> 00:32:51,175
Not because you were nervous about doing that because

696
00:32:51,815 --> 00:32:54,695
you didn't want people who maybe had less Bitcoin than you,

697
00:32:54,695 --> 00:32:57,815
giving you money that you didn't necessarily want to take from them.

698
00:32:57,815 --> 00:33:00,375
But my perspective on it was people wanted to contribute.

699
00:33:00,375 --> 00:33:05,255
Sure. But look, I had a house and I had money.

700
00:33:05,255 --> 00:33:06,695
I had an income coming in.

701
00:33:07,335 --> 00:33:10,455
And what I didn't want to do is crowdfund the money,

702
00:33:10,455 --> 00:33:18,835
pay for the lawsuit, and then be okay. And those people were down. They might have less Bitcoin,

703
00:33:18,935 --> 00:33:24,855
less money than me. What would happen is, I had this debt with the lawyers, and they would come

704
00:33:24,855 --> 00:33:28,395
to me and say, look, you've got to pay something soon. And we'd have a good month on the podcast,

705
00:33:28,495 --> 00:33:31,295
so I'd write them a check for 50 grand, and that would buy me another month or so.

706
00:33:31,995 --> 00:33:38,055
And as it looked like we might get the money back, they got a bit of patience from them.

707
00:33:38,055 --> 00:33:40,375
and, you know, I didn't pay my tax bill, for example.

708
00:33:40,515 --> 00:33:43,195
That was like, I don't know, 150 grand tax bill.

709
00:33:43,255 --> 00:33:46,355
I didn't pay that, and I delayed the tax plan so I could pay them.

710
00:33:46,415 --> 00:33:50,555
So I just moved money from Peter to Paul to get through it and made it work.

711
00:33:50,635 --> 00:33:51,295
It just worked.

712
00:33:51,415 --> 00:33:52,735
Somehow we got there in the end.

713
00:33:52,795 --> 00:33:54,575
My lawyers didn't raise their fees, which was good.

714
00:33:55,395 --> 00:33:59,015
But I couldn't justify taking money off Peter.

715
00:33:59,135 --> 00:34:01,175
But there were people who could have literally just written a check

716
00:34:01,175 --> 00:34:04,335
and covered the lawsuit who didn't, who made shitty offers.

717
00:34:04,575 --> 00:34:06,035
But, like, what was his name?

718
00:34:06,815 --> 00:34:07,415
Was it CZ?

719
00:34:07,415 --> 00:34:12,695
No, CZ. Was it CZ who did it? Somebody, I think it was CZ, said, I will do it for...

720
00:34:12,695 --> 00:34:13,655
Oh, I think you're right.

721
00:34:13,655 --> 00:34:17,655
And then he disappeared. It's like, okay, fine, whatever. Look, it is what it... I got so much

722
00:34:17,655 --> 00:34:23,015
support. A couple of people wrote me big checks and they got their money back. Another person wrote

723
00:34:23,015 --> 00:34:28,855
me a check. A really, really tough time and was really good about it and patient and blah, blah,

724
00:34:28,855 --> 00:34:38,415
blah, blah, blah. And I've helped other people as well at times. But what really annoyed me

725
00:34:38,415 --> 00:34:46,735
were the lawyers for the COPA. They phoned me up and they said, can we do a podcast about the COPA

726
00:34:46,735 --> 00:34:51,895
trial? We want to raise awareness. And I was like, that's where you're funding the developers'

727
00:34:52,535 --> 00:34:57,075
legal fees. They said, yeah. I said, well, you're not funding mine. And I know the developers are

728
00:34:57,075 --> 00:34:58,635
the most important people in Bitcoin.

729
00:34:58,775 --> 00:35:00,375
But I think I've done a lot to bring people into Bitcoin.

730
00:35:00,595 --> 00:35:01,975
Whether you agree with me or disagree,

731
00:35:02,175 --> 00:35:04,595
whether you think I fucking hate all Pete's opinions

732
00:35:04,595 --> 00:35:07,255
and what Bitcoin did brought a shit ton of people into Bitcoin

733
00:35:07,255 --> 00:35:08,895
and educated them on a journey.

734
00:35:09,215 --> 00:35:10,915
I think I did an important job.

735
00:35:11,535 --> 00:35:13,995
And I would like to think if someone got in a similar situation, I'll help.

736
00:35:14,055 --> 00:35:14,855
But look, it is what it is.

737
00:35:15,475 --> 00:35:17,215
Everyone has to make decisions at the right time.

738
00:35:17,315 --> 00:35:18,615
The truth is we got through it.

739
00:35:19,375 --> 00:35:22,395
We got our money back and everyone's okay.

740
00:35:22,795 --> 00:35:26,695
And it's funny how in the past it is now.

741
00:35:26,695 --> 00:35:28,195
Like, we're talking about it, but really,

742
00:35:28,415 --> 00:35:30,155
do we really talk about Craig Wright anymore?

743
00:35:30,515 --> 00:35:30,715
No.

744
00:35:30,775 --> 00:35:31,035
It's gone.

745
00:35:31,435 --> 00:35:33,035
But, I mean, that's thanks to these lawsuits.

746
00:35:33,375 --> 00:35:33,595
Yeah.

747
00:35:33,855 --> 00:35:36,855
And if there's eventually an anthology

748
00:35:36,855 --> 00:35:38,175
covering the history of Bitcoin,

749
00:35:38,415 --> 00:35:40,915
hopefully there's a little bit where Pete helped with lawsuits,

750
00:35:40,995 --> 00:35:42,015
and I'll be proud of that.

751
00:35:42,055 --> 00:35:42,855
I think there will be.

752
00:35:43,175 --> 00:35:45,295
We should talk about Bedford, but just quickly on this,

753
00:35:45,355 --> 00:35:46,495
last thing on the lawsuit.

754
00:35:46,715 --> 00:35:46,815
Yeah.

755
00:35:47,295 --> 00:35:48,575
When this all wrapped up,

756
00:35:48,775 --> 00:35:52,355
you potentially could have gone after Calvin Air.

757
00:35:52,655 --> 00:35:52,895
Yes.

758
00:35:53,555 --> 00:35:54,815
I know you said you'd forgive him,

759
00:35:54,815 --> 00:35:57,775
but maybe you should explain how you could have gone after him and why he didn't.

760
00:35:57,935 --> 00:35:58,775
Well, I don't know the...

761
00:35:58,775 --> 00:36:02,915
So there would have been certain, I don't know, malicious prosecution.

762
00:36:03,975 --> 00:36:05,835
I could have probably done him for libel at some point.

763
00:36:06,215 --> 00:36:08,435
But malicious prosecution, there's a few different things.

764
00:36:08,695 --> 00:36:10,335
Torts. Is it torts we could have used?

765
00:36:11,535 --> 00:36:12,335
And I wanted to.

766
00:36:12,575 --> 00:36:16,955
I said to my lawyers, I think we should because I think he should make us whole.

767
00:36:17,015 --> 00:36:18,955
And I think damages should be paid.

768
00:36:18,995 --> 00:36:21,015
And the reason I think damages should be paid is

769
00:36:21,015 --> 00:36:24,015
I don't know the compounded effect that's had on my health.

770
00:36:24,015 --> 00:36:26,575
but it was bad. Stress is bad for the body.

771
00:36:27,295 --> 00:36:29,335
And I went through a bad time.

772
00:36:29,675 --> 00:36:30,855
Connor went through a bad time.

773
00:36:30,975 --> 00:36:33,175
My dad also. My dad didn't take this well.

774
00:36:33,535 --> 00:36:35,455
My dad was probably the person who worried the most.

775
00:36:36,335 --> 00:36:37,515
It was a rough time.

776
00:36:37,635 --> 00:36:39,595
Like when you are facing bankruptcy

777
00:36:39,595 --> 00:36:40,855
and being kicked out of your house

778
00:36:40,855 --> 00:36:41,855
and losing all your businesses

779
00:36:41,855 --> 00:36:43,175
and you don't know what you do, it's rough.

780
00:36:44,515 --> 00:36:46,135
I don't know what loss of earnings I had

781
00:36:46,135 --> 00:36:47,715
but I think there's a counter argument maybe

782
00:36:47,715 --> 00:36:49,175
because of the exposure. I got more earnings.

783
00:36:49,295 --> 00:36:50,375
So that one's a bit weak.

784
00:36:50,955 --> 00:36:52,135
But I just think

785
00:36:52,135 --> 00:36:59,555
if you are actively destroying someone's life through the courts,

786
00:36:59,635 --> 00:37:03,115
using your money based on a lie, you should face a penalty.

787
00:37:04,195 --> 00:37:08,895
I think it should be criminal, and I think you should go to jail,

788
00:37:09,095 --> 00:37:11,575
and if not, you should pay a large compensation to the person

789
00:37:11,575 --> 00:37:14,335
that you've ruined, you've fucked five years of their life,

790
00:37:14,415 --> 00:37:16,675
and you've made them, like, it made me physically unwell.

791
00:37:16,915 --> 00:37:18,555
I mean, Connor's here, he'll know.

792
00:37:19,375 --> 00:37:21,635
I think there's at least three occasions you drove me to hospital

793
00:37:21,635 --> 00:37:22,215
during that.

794
00:37:23,095 --> 00:37:23,315
Yeah.

795
00:37:23,935 --> 00:37:24,515
You remember him?

796
00:37:24,855 --> 00:37:26,035
I took you twice.

797
00:37:26,475 --> 00:37:27,255
Once in Miami?

798
00:37:27,435 --> 00:37:29,635
And once in Bedford, I think.

799
00:37:29,635 --> 00:37:32,835
Yeah, where my SVT thing would just go haywire.

800
00:37:33,495 --> 00:37:35,455
But it seemed worse at the bad time.

801
00:37:36,635 --> 00:37:38,575
That could have just been maybe the SVT on its own.

802
00:37:38,655 --> 00:37:41,515
But look, if you're going to be a cunt using the courts,

803
00:37:41,675 --> 00:37:43,195
you've got to fucking pay your way.

804
00:37:43,335 --> 00:37:45,635
I think Craig Wright should have gone to prison for this.

805
00:37:46,655 --> 00:37:47,515
And it is what it is.

806
00:37:47,715 --> 00:37:48,775
But in the end, my lawyers are like,

807
00:37:48,775 --> 00:37:53,375
look, you were a hair's breadth away from losing everything.

808
00:37:54,195 --> 00:37:54,635
Take a win.

809
00:37:55,035 --> 00:37:56,095
Yeah, why start again?

810
00:37:56,195 --> 00:38:00,875
And I was like, because it's the right thing to do.

811
00:38:01,315 --> 00:38:03,035
Pay your dues, pay your penalty.

812
00:38:03,175 --> 00:38:04,135
But look, we didn't do it.

813
00:38:04,995 --> 00:38:07,995
If for some random weird reason Calvin is as in this,

814
00:38:08,035 --> 00:38:08,875
I do forgive you.

815
00:38:09,495 --> 00:38:11,355
And if you'd like to have a chat, I'm happy to have a chat.

816
00:38:11,435 --> 00:38:12,675
I'd come out to Antigua and see you.

817
00:38:12,895 --> 00:38:16,335
But I think you're worth bazillions or whatever you're worth.

818
00:38:16,835 --> 00:38:17,235
Pay your dues.

819
00:38:17,235 --> 00:38:18,575
Just pay people the compensate.

820
00:38:18,575 --> 00:38:19,915
it won't touch the sides for you.

821
00:38:20,375 --> 00:38:21,715
You're never going to spend all your money.

822
00:38:22,195 --> 00:38:23,635
But especially like Hodl or not,

823
00:38:23,735 --> 00:38:25,635
pay back what people have lost and pay for damages.

824
00:38:25,935 --> 00:38:26,655
It's the right thing to do.

825
00:38:26,715 --> 00:38:27,835
They won't, whatever.

826
00:38:28,135 --> 00:38:28,675
But I think they should.

827
00:38:28,715 --> 00:38:29,595
It is the right thing to do.

828
00:38:29,695 --> 00:38:31,075
Hey, Tom, would you mind getting me a beer?

829
00:38:31,535 --> 00:38:31,995
Sorry, mate.

830
00:38:32,235 --> 00:38:33,035
No, we're not cutting that out.

831
00:38:33,235 --> 00:38:33,695
That's fine.

832
00:38:33,775 --> 00:38:34,455
Can you check the audio's recording?

833
00:38:34,455 --> 00:38:34,795
You want one?

834
00:38:35,075 --> 00:38:35,895
Yeah, please will.

835
00:38:35,995 --> 00:38:36,855
Check the audio's recording.

836
00:38:37,675 --> 00:38:38,435
I'll have another beer.

837
00:38:39,115 --> 00:38:40,055
Yeah, look, it's done.

838
00:38:40,215 --> 00:38:40,555
It's good.

839
00:38:40,675 --> 00:38:42,455
You were a huge supporter in that period.

840
00:38:42,575 --> 00:38:44,355
I think you knew I was in a bad way.

841
00:38:44,435 --> 00:38:45,175
Oh, you definitely were.

842
00:38:45,375 --> 00:38:46,815
Yeah, I don't want to say that, actually.

843
00:38:46,815 --> 00:38:48,255
No, you were definitely in a bad way.

844
00:38:48,275 --> 00:38:48,735
You can say that.

845
00:38:48,775 --> 00:38:49,155
It's the truth.

846
00:38:49,175 --> 00:38:49,435
No, no.

847
00:38:49,655 --> 00:38:50,775
I was going to say something else.

848
00:38:50,855 --> 00:38:52,135
I was going to say this two times.

849
00:38:53,055 --> 00:38:54,475
Were you worried about me at any point?

850
00:38:55,955 --> 00:38:56,275
Yes.

851
00:38:56,795 --> 00:38:58,635
But the time that I was most worried about you,

852
00:38:58,715 --> 00:38:59,875
this is like a relationship.

853
00:39:00,895 --> 00:39:02,195
Was that when I was being reckless

854
00:39:02,195 --> 00:39:03,415
that I'm going to burn everything down?

855
00:39:03,915 --> 00:39:05,535
No, it was before that.

856
00:39:05,895 --> 00:39:07,695
I think it was before we'd even met.

857
00:39:08,075 --> 00:39:10,275
I remember you being in...

858
00:39:10,275 --> 00:39:11,515
You won't want to talk about this, Pete.

859
00:39:11,735 --> 00:39:14,835
It was when you were in Central South America somewhere.

860
00:39:14,835 --> 00:39:16,255
I think it was the first time you went to El Salvador.

861
00:39:16,815 --> 00:39:23,595
And like the toxicity on Twitter was really getting to you.

862
00:39:23,635 --> 00:39:24,515
And that was the time.

863
00:39:24,875 --> 00:39:26,455
And like the entire time we worked together,

864
00:39:26,515 --> 00:39:28,255
I was most worried about you.

865
00:39:28,415 --> 00:39:30,115
Oh, like when you were being my therapist.

866
00:39:30,335 --> 00:39:30,535
Yeah.

867
00:39:30,615 --> 00:39:30,975
Isn't it funny?

868
00:39:31,035 --> 00:39:32,715
I've got to be a little bit of a therapist to you sometimes.

869
00:39:32,815 --> 00:39:33,515
What the fuck is it?

870
00:39:33,615 --> 00:39:33,895
That's not...

871
00:39:33,895 --> 00:39:34,315
I don't want to be sorry.

872
00:39:34,395 --> 00:39:34,675
Yeah, yeah.

873
00:39:36,195 --> 00:39:37,915
No, that's got nothing to do with the Craig Wright thing.

874
00:39:37,995 --> 00:39:38,495
Oh, no, I know.

875
00:39:38,575 --> 00:39:40,215
You just said, when was I worried about you?

876
00:39:40,215 --> 00:39:41,555
Yeah, look, sometimes, you know,

877
00:39:41,595 --> 00:39:42,835
when the internet comes after you,

878
00:39:42,915 --> 00:39:43,775
it can be a bit brutal.

879
00:39:43,875 --> 00:39:44,875
I mean, I ain't going to fuck anymore.

880
00:39:45,035 --> 00:39:46,135
I'm thick skinned now.

881
00:39:46,135 --> 00:39:47,015
I've been through it enough.

882
00:39:47,135 --> 00:39:50,615
It's like, I've watched my mum die.

883
00:39:50,735 --> 00:39:51,755
I've been through a five-year lawsuit.

884
00:39:51,935 --> 00:39:55,155
If you call me fat or thick or rubbish at podcasts or whatever.

885
00:39:55,955 --> 00:39:57,855
But there are times when the internet comes after you.

886
00:39:58,375 --> 00:40:00,855
And I think, as I say, I just don't know if I can deal with this anymore.

887
00:40:01,215 --> 00:40:01,715
It's rough.

888
00:40:01,855 --> 00:40:02,315
It's rough.

889
00:40:02,515 --> 00:40:06,975
But no, I mean, I think I've been your therapist a little bit sometimes.

890
00:40:07,115 --> 00:40:09,095
Yeah, I've not had the internet come after me in the same way yet,

891
00:40:09,155 --> 00:40:10,235
but we'll work on it.

892
00:40:10,315 --> 00:40:10,895
You've got to work on it.

893
00:40:10,895 --> 00:40:11,375
We'll get there.

894
00:40:11,415 --> 00:40:11,995
You've got to do more.

895
00:40:12,135 --> 00:40:12,635
You've got to face people.

896
00:40:12,695 --> 00:40:13,635
You've got to say something controversial.

897
00:40:13,955 --> 00:40:14,935
Do you know what my next pub is?

898
00:40:15,595 --> 00:40:16,355
I do.

899
00:40:16,455 --> 00:40:16,955
What's an XPUB?

900
00:40:17,095 --> 00:40:18,055
An extended public key.

901
00:40:18,095 --> 00:40:18,795
What does it mean?

902
00:40:19,035 --> 00:40:21,035
It's where you derive all your other public keys from.

903
00:40:21,035 --> 00:40:22,355
You're such a nerd.

904
00:40:22,635 --> 00:40:23,395
You know it now, though.

905
00:40:23,435 --> 00:40:25,335
You fucking know that and you can't press record.

906
00:40:25,675 --> 00:40:27,315
Yeah, but this was always a psyop.

907
00:40:27,355 --> 00:40:28,395
You always knew what it was.

908
00:40:29,075 --> 00:40:30,135
I didn't the first time.

909
00:40:30,955 --> 00:40:32,395
And I still stand by it.

910
00:40:32,435 --> 00:40:33,355
I actually don't care.

911
00:40:33,995 --> 00:40:36,735
And I don't think, come on, what's an XPUB?

912
00:40:37,615 --> 00:40:38,075
There you go.

913
00:40:38,395 --> 00:40:39,555
Most people don't know what an XPUB is.

914
00:40:39,635 --> 00:40:40,335
No, that's for sure.

915
00:40:40,515 --> 00:40:41,315
I was right on that.

916
00:40:41,415 --> 00:40:42,375
I was right on nodes.

917
00:40:42,375 --> 00:40:43,375
I was right on...

918
00:40:43,375 --> 00:40:47,615
on, what's the other thing I was right on? You're right on everything, Pete. No, just on those

919
00:40:47,615 --> 00:40:53,255
things. My favorite thing about this kind of, well, Batman of Bedford, your villain arc that

920
00:40:53,255 --> 00:40:58,215
you're on at the moment, is that it took you leaving Bitcoin to become libertarian. Yep, true.

921
00:40:58,695 --> 00:41:05,535
Yeah, fact. Why? Tell us why. Oh, God. I'll give you the long answer because we've got time.

922
00:41:07,775 --> 00:41:12,195
I didn't know what libertarianism was when I started the podcast. Me neither, to be fair,

923
00:41:12,195 --> 00:41:14,295
until I heard you talk about it on the podcast.

924
00:41:14,435 --> 00:41:14,915
Right, okay.

925
00:41:15,095 --> 00:41:16,675
So it was new to me.

926
00:41:17,035 --> 00:41:17,955
It's not a thing in the UK.

927
00:41:18,735 --> 00:41:20,235
Not the same as it is in America, at least.

928
00:41:20,235 --> 00:41:22,015
It's a little thing here.

929
00:41:22,975 --> 00:41:24,955
But yeah, so I started the podcast.

930
00:41:25,295 --> 00:41:26,375
I could have picked any subject.

931
00:41:26,575 --> 00:41:28,695
I was just buying Bitcoin at the time and shit coins.

932
00:41:30,075 --> 00:41:30,695
Excuse me.

933
00:41:32,315 --> 00:41:33,315
You're going to cut my burps?

934
00:41:33,635 --> 00:41:33,915
Nope.

935
00:41:34,955 --> 00:41:35,715
It's the beer.

936
00:41:36,795 --> 00:41:38,275
So I started the podcast about Bitcoin.

937
00:41:38,275 --> 00:41:44,455
And when I started, I'm not doing it because I think this is the best money in the world ever.

938
00:41:45,455 --> 00:41:47,635
And, you know, this is number go up.

939
00:41:47,915 --> 00:41:49,055
It was number go up.

940
00:41:49,095 --> 00:41:52,475
And this was like the new internet revolution chance to make some money.

941
00:41:52,735 --> 00:41:55,875
Start making the show and then libertarian stuff comes up.

942
00:41:55,975 --> 00:41:59,615
And for me, government was always that thing that was always there.

943
00:41:59,675 --> 00:42:01,275
You picked a side and they voted every four years.

944
00:42:01,315 --> 00:42:04,835
You had a democracy and you needed government and government did a lot of good.

945
00:42:04,835 --> 00:42:11,375
And then obviously over the arc of the podcast, I started to realize it was a government wasn't great.

946
00:42:11,455 --> 00:42:13,455
But I always had people going, you're a statist cuck, this.

947
00:42:13,535 --> 00:42:17,355
And I said, obviously, some ludicrous things sometimes because I believe them at the time, right?

948
00:42:18,595 --> 00:42:19,355
Learning in public.

949
00:42:19,715 --> 00:42:21,635
Learning in public. Learning in public.

950
00:42:21,895 --> 00:42:25,355
And I refused to hold a position because people tell me I should.

951
00:42:28,255 --> 00:42:34,635
And yeah, so I think when I by the time I finished the podcast, I definitely had.

952
00:42:34,835 --> 00:42:39,415
libertarian tendencies. Like, I agree, yes, we should have small governments, central banks are

953
00:42:39,415 --> 00:42:44,015
pernicious, and we should have a free market for money, those kind of things. But like,

954
00:42:44,235 --> 00:42:53,655
full libertarianism and fully understanding why government is a terrible idea comes from having a

955
00:42:53,655 --> 00:43:01,835
deep connection with government at a local level. In that, I'm trying to do cool things in my town,

956
00:43:01,835 --> 00:43:10,395
I'm running up against the institutions, the police, and the local council, and then also

957
00:43:10,395 --> 00:43:12,455
just seeing the general collapse of the UK as well.

958
00:43:13,455 --> 00:43:16,895
And then it was like seeing into the Matrix.

959
00:43:17,135 --> 00:43:18,375
It's like, oh, I get it now.

960
00:43:19,195 --> 00:43:25,175
It's not that necessarily government itself is intrinsically evil, it's that it just doesn't

961
00:43:25,175 --> 00:43:25,635
work.

962
00:43:26,135 --> 00:43:29,475
The majority of government will not work as the incentives at play.

963
00:43:29,475 --> 00:43:39,775
and somebody said to me this week they said because I'm arguing against ideology because

964
00:43:39,775 --> 00:43:44,355
I'm getting attacked in Bedford by a bunch of leftists at the moment and I just said step back

965
00:43:44,355 --> 00:43:49,575
from your ideology and they say well isn't libertarianism an ideology and I thought about it

966
00:43:49,575 --> 00:43:55,415
and I was like no because libertarianism is essentially the natural state of man right

967
00:43:55,415 --> 00:43:57,975
It is life, liberty, the pursuit of happiness.

968
00:43:58,155 --> 00:43:59,715
It's those natural rights we're born with.

969
00:44:00,835 --> 00:44:02,915
The blueprint for how to organize society

970
00:44:02,915 --> 00:44:06,095
is an idea that collectivists have come up with,

971
00:44:06,135 --> 00:44:07,275
whether they're left or right wing.

972
00:44:07,755 --> 00:44:10,175
They've said, this is how we should organize society,

973
00:44:10,235 --> 00:44:10,835
which is a blueprint.

974
00:44:10,995 --> 00:44:11,955
But if that doesn't happen,

975
00:44:12,435 --> 00:44:14,755
we are in the natural state of man, which is libertarian.

976
00:44:14,915 --> 00:44:17,895
So I said to them, no, it's not.

977
00:44:18,475 --> 00:44:19,755
Libertarianism is a set of principles

978
00:44:19,755 --> 00:44:21,775
regarding the natural state of man.

979
00:44:21,955 --> 00:44:24,115
And it basically, to me, means leave me the fuck alone.

980
00:44:24,115 --> 00:44:28,075
I don't care for your invented blueprint that tells me this is what I can and can't do.

981
00:44:29,235 --> 00:44:31,095
It's not an ideology. It's a set of principles.

982
00:44:32,655 --> 00:44:39,295
And so, but I'm not like, I don't go for anarcho-capitalists.

983
00:44:39,335 --> 00:44:41,655
And the reason every time I go to that and come back is because

984
00:44:41,655 --> 00:44:43,195
I don't think you can get rid of government.

985
00:44:45,155 --> 00:44:50,475
If you, me, Connor, and 50 of our friends move to an island,

986
00:44:50,475 --> 00:44:54,175
we essentially start day one libertarian

987
00:44:54,175 --> 00:44:55,435
or free

988
00:44:55,435 --> 00:44:56,555
maybe not even libertarian

989
00:44:56,555 --> 00:44:57,855
because maybe libertarian is an idea

990
00:44:57,855 --> 00:44:58,935
that you only exist

991
00:44:58,935 --> 00:45:01,055
after the establishment of the state

992
00:45:01,055 --> 00:45:03,035
you don't need to establish libertarian

993
00:45:03,035 --> 00:45:03,835
until the state exists

994
00:45:03,835 --> 00:45:05,815
because you want to dismantle it

995
00:45:05,815 --> 00:45:06,255
but anyway

996
00:45:06,255 --> 00:45:08,475
you disagree with what?

997
00:45:09,695 --> 00:45:11,075
in my house I'm a dictator

998
00:45:11,075 --> 00:45:12,155
absolutely

999
00:45:12,155 --> 00:45:14,015
well

1000
00:45:14,015 --> 00:45:18,735
until he got thrown in the sea

1001
00:45:18,735 --> 00:45:20,075
no no come on

1002
00:45:20,075 --> 00:45:22,115
I mean, you weren't at the second civic meeting.

1003
00:45:22,195 --> 00:45:23,755
I even let the leftist weirdo speak.

1004
00:45:23,935 --> 00:45:29,315
But I think the point you're making is that some kind of hierarchy in the tribe would exist.

1005
00:45:29,635 --> 00:45:31,775
Yeah, so it would be like at some point,

1006
00:45:32,915 --> 00:45:36,435
someone or some group of people will want to do something on that island,

1007
00:45:37,175 --> 00:45:39,635
and they might disagree.

1008
00:45:39,795 --> 00:45:41,455
And just say we split into two groups.

1009
00:45:41,875 --> 00:45:44,455
One goes to one side of the island, one goes to this side of the island,

1010
00:45:44,455 --> 00:45:47,275
and we start to build stuff on one side, maybe encroach,

1011
00:45:47,335 --> 00:45:48,875
and they think, well, that's our land.

1012
00:45:48,875 --> 00:45:52,175
It's like, well, we need to protect ourselves here.

1013
00:45:53,075 --> 00:45:54,475
Well, I think we should... You might be like,

1014
00:45:54,575 --> 00:45:56,975
Pete, I think we should do A. I might be... Well, I think we should do B.

1015
00:45:57,275 --> 00:46:07,510
It like well we need a council to make decisions Well who going to lead the council and decide this I just think you rebuild structure Yes in my house I a dictator It like I will listen to the opinions of

1016
00:46:08,110 --> 00:46:08,850
The serfs.

1017
00:46:09,030 --> 00:46:10,650
The serfs, because they might cut my head off.

1018
00:46:12,170 --> 00:46:13,770
But in the end, I'm going to do what I think is right.

1019
00:46:13,930 --> 00:46:16,970
But on that island, we will rebuild government.

1020
00:46:17,190 --> 00:46:18,230
And I think you always do.

1021
00:46:18,710 --> 00:46:22,050
And I think you actually, if you can get to a minichist government,

1022
00:46:22,210 --> 00:46:26,850
you actually have a government which will defend your freedoms and your rights.

1023
00:46:26,850 --> 00:46:28,470
which I think is a good thing

1024
00:46:28,470 --> 00:46:30,590
especially like in the US

1025
00:46:30,590 --> 00:46:32,010
where they literally have it enshrined

1026
00:46:32,010 --> 00:46:33,210
in a document they refer to

1027
00:46:33,210 --> 00:46:35,570
we don't really refer to the Magna Carta here as much

1028
00:46:35,570 --> 00:46:36,750
because I don't think

1029
00:46:36,750 --> 00:46:39,090
I'm not sure how much of it's still enforceable

1030
00:46:39,090 --> 00:46:40,090
but

1031
00:46:40,090 --> 00:46:41,450
I also think if you went on the street

1032
00:46:41,450 --> 00:46:42,030
and asked people

1033
00:46:42,030 --> 00:46:43,730
if they knew what the Magna Carta was

1034
00:46:43,730 --> 00:46:45,310
very few people would even know it

1035
00:46:45,310 --> 00:46:47,530
I can probably recite more of the US Constitution

1036
00:46:47,530 --> 00:46:48,770
than I can the Magna Carta

1037
00:46:48,770 --> 00:46:51,350
so

1038
00:46:51,350 --> 00:46:53,770
and also I also think like

1039
00:46:53,770 --> 00:46:55,830
do you remember that old Eric Voorhees interview

1040
00:46:55,830 --> 00:46:56,450
where he said to me

1041
00:46:56,450 --> 00:46:59,730
It's like, there's no point arguing about the utopian anarcho-capitalist society

1042
00:46:59,730 --> 00:47:01,530
because we're so far from that.

1043
00:47:01,570 --> 00:47:03,830
Let's just make government 1% smaller or 5% smaller.

1044
00:47:04,530 --> 00:47:08,570
And so where I've come to is, we have government, okay?

1045
00:47:09,550 --> 00:47:11,170
We cannot switch it off tomorrow.

1046
00:47:11,710 --> 00:47:13,570
Even if you elected a libertarian...

1047
00:47:14,390 --> 00:47:14,910
Malay style.

1048
00:47:15,090 --> 00:47:16,770
And who is probably the best.

1049
00:47:17,530 --> 00:47:21,490
Has he dismantled the entirety of the apparatus of the state in Argentina?

1050
00:47:21,670 --> 00:47:21,930
No.

1051
00:47:22,510 --> 00:47:24,070
He's doing it bit by bit.

1052
00:47:24,070 --> 00:47:29,170
and he's doing it mainly through economic policies and changes to the law,

1053
00:47:29,970 --> 00:47:33,870
but he's gradually dismantling the power and the size of the state.

1054
00:47:34,210 --> 00:47:39,990
And so I think of libertarianism as pointless debating perfect society.

1055
00:47:40,450 --> 00:47:42,290
I think the most important thing libertarians can do

1056
00:47:42,290 --> 00:47:47,090
is drive forward a trajectory of being more libertarian than less.

1057
00:47:47,570 --> 00:47:50,790
So what Millet is doing, which is dismantling the state,

1058
00:47:50,790 --> 00:47:58,710
dismantling the size, the power, the kind of pernicious rules. Is pernicious a word? It's a

1059
00:47:58,710 --> 00:48:05,090
word, isn't it? Pernicious rules on society. And that to me is how to be an effective libertarian,

1060
00:48:05,310 --> 00:48:09,210
not having a libertarian conference and all arguing about why you shouldn't have a libertarian

1061
00:48:09,210 --> 00:48:13,730
party because that's counterintuitive to be a libertarian. I think it's just a waste of fucking

1062
00:48:13,730 --> 00:48:20,590
time. And so I guess I think it's practical libertarianism, rational libertarianism. Let's

1063
00:48:20,590 --> 00:48:29,110
actually get something done. And what happens is that I've gradually seen how much the state fails

1064
00:48:29,110 --> 00:48:35,750
itself, but it then fails society. It was the... Have you ever read George Washington's

1065
00:48:35,750 --> 00:48:41,210
farewell address? It's fucking brilliant, okay? Obviously an important great man in American

1066
00:48:41,210 --> 00:48:48,110
history, could have become king. They offered him king and he turned it down. But he wrote this

1067
00:48:48,110 --> 00:48:52,410
farewell address and he warned of the idea of factionalism in that you become more loyal to

1068
00:48:52,410 --> 00:48:56,830
the party than the common good. And we see that now. Which has definitely happened. Totally. It's

1069
00:48:56,830 --> 00:49:01,290
like Labour could come up with a good idea and the Conservatives will attack it. And the Conservatives

1070
00:49:01,290 --> 00:49:08,070
can come up with a bad idea and they'll support it. This loyalty to the party over the common good

1071
00:49:08,070 --> 00:49:15,450
is a terrible thing. He warned about this. And I see it now. I see it in media. I see it in

1072
00:49:15,450 --> 00:49:19,610
individuals. Like, there are a bunch of people in Bedford who fucking hate my guts now. I've put in

1073
00:49:19,610 --> 00:49:25,330
this private security, and they hate me because it's ideologically wrong for them. And now as a

1074
00:49:25,330 --> 00:49:30,630
group, they're attacking me. And it doesn't matter what I say. I genuinely think if I cured cancer,

1075
00:49:30,870 --> 00:49:34,190
they would come back and say, well, what about the people who want to have cancer?

1076
00:49:34,190 --> 00:49:37,430
No, I genuinely believe that. I've argued with them,

1077
00:49:37,430 --> 00:49:40,570
and there are people who would say they would rather have

1078
00:49:40,570 --> 00:49:43,870
a crackhead on the street than a security guard.

1079
00:49:44,010 --> 00:49:48,830
They think we should prioritize the addicts and the criminals

1080
00:49:48,830 --> 00:49:52,770
on the street over the businesses. They're so ideologically lost.

1081
00:49:53,610 --> 00:49:56,810
And so therefore, the factionism thing isn't just a problem

1082
00:49:56,810 --> 00:49:59,290
within the party, it's a problem within the voters.

1083
00:49:59,290 --> 00:50:05,290
and so I've just realized is that the bigger government is,

1084
00:50:05,830 --> 00:50:07,170
the more people are there that will grift it,

1085
00:50:07,330 --> 00:50:11,490
the more the politicians themselves will use it for their end goals

1086
00:50:11,490 --> 00:50:13,930
and the more it will destroy society.

1087
00:50:14,210 --> 00:50:17,670
And it's really, you really start to see it

1088
00:50:17,670 --> 00:50:18,810
when you just try and run a company.

1089
00:50:18,890 --> 00:50:20,170
I told you this, NVK said,

1090
00:50:20,550 --> 00:50:21,870
if you want to make somebody libertarian,

1091
00:50:21,950 --> 00:50:22,710
get them to run a business.

1092
00:50:23,230 --> 00:50:26,810
Because all we do is we get up every day

1093
00:50:26,810 --> 00:50:27,970
and we try and make money.

1094
00:50:27,970 --> 00:50:32,850
whether it's well football club you never make money but whether it's the coffee shop the bar

1095
00:50:32,850 --> 00:50:38,650
whatever and all we're fighting is everything the government puts in front of us in our way

1096
00:50:38,650 --> 00:50:46,730
whether it's employment laws minimum wage requirements licenses we need tax we have to pay

1097
00:50:46,730 --> 00:50:52,290
it's so hard to make money right now this might be the first month our coffee shop makes a profit

1098
00:50:52,290 --> 00:50:57,850
might make a profit it still doesn't pay the 120 grand we spent to open it and the 20 grand of

1099
00:50:57,850 --> 00:51:02,610
losses in the first six months, but it might turn a monthly profit for the first time, right?

1100
00:51:03,570 --> 00:51:09,510
And it's been so hard. But if you strip back, I mean, let's talk about VAT.

1101
00:51:11,070 --> 00:51:18,930
If I sell you a coffee at £4, I pay ATP VAT to the VAT band, but I can't reclaim the VAT on the

1102
00:51:18,930 --> 00:51:23,830
coffee I've bought because it's a raw food ingredient. They don't charge me VAT. There's

1103
00:51:23,830 --> 00:51:26,350
It's a real problem for the hospitality sector.

1104
00:51:26,350 --> 00:51:30,310
Every time you make something, the food doesn't have VAT on it, but once you assemble it into

1105
00:51:30,310 --> 00:51:31,950
a product, it is.

1106
00:51:31,950 --> 00:51:37,970
So with a phone, all the ingredient products of a phone, you can reclaim the VAT.

1107
00:51:37,970 --> 00:51:41,450
And so your VAT burden's lower.

1108
00:51:41,450 --> 00:51:42,950
Which is just sales tax for any Americans.

1109
00:51:42,950 --> 00:51:43,950
Yeah.

1110
00:51:43,950 --> 00:51:45,670
And so that's a problem.

1111
00:51:45,670 --> 00:51:48,310
We have to pay a minimum wage, okay?

1112
00:51:48,310 --> 00:51:50,930
Now the minimum wage is costing jobs.

1113
00:51:50,930 --> 00:51:57,730
Because I have to pay, I don't know, say it's £11.23, whatever it is, minimum wage now.

1114
00:51:58,010 --> 00:52:01,650
That alone is stupid because there are people who are willing to take that job at £9.

1115
00:52:02,130 --> 00:52:04,930
This is something that Ben Prentice, who's been working on the show forever,

1116
00:52:05,090 --> 00:52:07,290
he goes on about this all the time.

1117
00:52:07,370 --> 00:52:09,590
The fact that the minimum wage is actually a massive net negative.

1118
00:52:09,810 --> 00:52:10,490
Well, it costs jobs.

1119
00:52:10,530 --> 00:52:12,710
And every time you raise it, you just raise the prices of the product.

1120
00:52:12,850 --> 00:52:15,970
So you've got a price distortion in the market there.

1121
00:52:16,490 --> 00:52:17,330
Fucking hell, listen to me.

1122
00:52:18,530 --> 00:52:20,410
But you've got a price distortion in the market there.

1123
00:52:20,930 --> 00:52:35,150
But not only that, I have to offer a pension. I have to pay national insurance. I have to pay holiday. So even if it's an 18-year-old and it's their weekend job, I have to pay holiday.

1124
00:52:35,330 --> 00:52:50,770
And what we do, because I think it's something like 12.09% of your working time is holiday, we just up their wages by 12.09%. And so much of my cost is in wages or wage legislation or wage taxation.

1125
00:52:50,930 --> 00:52:54,610
we would have made a profit every month without government.

1126
00:52:55,470 --> 00:52:58,090
So what I'm doing is I'm working my balls off,

1127
00:52:58,130 --> 00:53:01,670
taking all this fucking risk to try and turn a profit.

1128
00:53:01,750 --> 00:53:03,370
But while I'm doing that, I'm financing government

1129
00:53:03,370 --> 00:53:04,170
who's making this harder.

1130
00:53:04,330 --> 00:53:08,050
This is why I fundamentally hate these people in government.

1131
00:53:08,170 --> 00:53:09,650
I fundamentally hate them all

1132
00:53:09,650 --> 00:53:13,050
because either they know how difficult they're making it,

1133
00:53:13,090 --> 00:53:14,950
which means they're evil, or they don't know,

1134
00:53:14,950 --> 00:53:16,590
which means they're too stupid to be in the role.

1135
00:53:17,310 --> 00:53:21,730
Now, I'm not asking for us to eradicate everything immediately.

1136
00:53:21,950 --> 00:53:24,030
What I'm trying to say is let's be sensible about this.

1137
00:53:24,310 --> 00:53:27,770
Business rates in a town centre make no sense because town centres are dying.

1138
00:53:28,190 --> 00:53:30,330
Let's give an opportunity for business to open.

1139
00:53:30,890 --> 00:53:34,590
VAT and hospitality makes no sense because input products don't have it.

1140
00:53:35,650 --> 00:53:40,230
Having to pay holiday to an 18-year-old already on a high minimum wage does not make sense.

1141
00:53:40,590 --> 00:53:43,130
I mean, I'd go further. I don't think we should pay maternity pay.

1142
00:53:43,450 --> 00:53:45,730
I think that should be optional. I should want to provide.

1143
00:53:45,730 --> 00:53:51,750
But why should I, why should you, why should Connor be paying tax for other people who

1144
00:53:51,750 --> 00:53:52,450
choose to have children?

1145
00:53:52,550 --> 00:53:53,590
That's their lifestyle choice.

1146
00:53:53,890 --> 00:53:55,350
You work hard and you pay for it yourself.

1147
00:53:55,730 --> 00:53:59,190
So I hate all this collectivist bollocks because it just makes it so hard.

1148
00:53:59,310 --> 00:54:00,710
And it gets worse than that, Danny.

1149
00:54:01,050 --> 00:54:02,970
I've got money on the side now.

1150
00:54:03,230 --> 00:54:04,050
Thanks, Craig.

1151
00:54:04,090 --> 00:54:04,850
Right, get my money back.

1152
00:54:05,370 --> 00:54:07,770
Ready to open more businesses in the town.

1153
00:54:08,090 --> 00:54:10,670
I think we've probably, what, discussed two or three, Con regularly?

1154
00:54:11,390 --> 00:54:15,590
And I'm sat there going, I don't know if I can turn a profit here.

1155
00:54:15,730 --> 00:54:23,210
because of government. Now, the stupid thing is, is I could take people out of the welfare system

1156
00:54:23,210 --> 00:54:29,250
and give them jobs, but I can't because it's too hard to make the company work, and therefore,

1157
00:54:29,470 --> 00:54:32,850
those jobs don't exist. Therefore, those people are relying upon the state.

1158
00:54:33,810 --> 00:54:39,410
And so, someone like Rachel Reeves, who's already fucked it up over and over again in this country,

1159
00:54:39,410 --> 00:54:44,290
over and over again, is talking about raising taxes even more, which is going to destroy even

1160
00:54:44,290 --> 00:54:51,550
more jobs. I'm on one here. Let me tell you where it gets, like other examples where it's worse.

1161
00:54:51,850 --> 00:54:56,790
So I spent a hundred grand a year with my accountants across the business because of

1162
00:54:56,790 --> 00:55:03,250
all the accountancy work we have to do to comply with government tax. Okay. Without that, all I need

1163
00:55:03,250 --> 00:55:07,710
is a monthly P&L and then say, this is how the business is doing. I'd probably spend 10 grand a

1164
00:55:07,710 --> 00:55:15,070
I'm probably spending 90 grand a year on compliance with taxation. HR, this is basically a new industry

1165
00:55:15,070 --> 00:55:21,730
that comes off the back of employment legislation. I 100% stand by the majority, not all, there are

1166
00:55:21,730 --> 00:55:26,650
dicks out there, but the majority of people, when they want to get rid of somebody from their company,

1167
00:55:26,730 --> 00:55:32,970
there's two reasons. You shit at your job or I can't afford you. And both are valid, okay? It is so hard

1168
00:55:32,970 --> 00:55:37,690
to get rid of somebody who's shit at their job because of employment legislation. But this becomes

1169
00:55:37,690 --> 00:55:42,370
a bad thing. I know you're about to ask something, but the reason it's a bad thing is that there's a

1170
00:55:42,370 --> 00:55:46,310
misallocation of capital now because you can get rid of them, but you have to bring in a HR consultant

1171
00:55:46,310 --> 00:55:52,090
who basically they help you architect a safe way of getting rid of somebody so you hopefully don't

1172
00:55:52,090 --> 00:55:57,270
go to tribunal, which you will always lose, by the way. And so I'm misallocating capital to a HR

1173
00:55:57,270 --> 00:56:02,250
advisor so I can try and architect, get rid of somebody who's shit at their job. And when you do

1174
00:56:02,250 --> 00:56:05,930
get rid of somebody who's shit at their job, you're also like, have I done, right, did I give them a

1175
00:56:05,930 --> 00:56:09,170
discretion? Did I do all their reviews? Did I give them a warning? All those things.

1176
00:56:09,530 --> 00:56:10,930
You know when someone's shit.

1177
00:56:11,090 --> 00:56:11,510
Of course.

1178
00:56:11,610 --> 00:56:16,930
You just know, and you want to get rid of them. But you're also conning the person.

1179
00:56:17,770 --> 00:56:21,070
I've had to get... There's two people I've had to get rid of in the last two years

1180
00:56:21,070 --> 00:56:26,890
who have both been terrible at the jobs. The best thing for them would be to sit down and go,

1181
00:56:27,070 --> 00:56:31,330
sorry, I'm getting rid of you. You're fucking shit at your job. You're... Whatever. I'll make up

1182
00:56:31,330 --> 00:56:36,750
some reasons. You don't turn up on time. When you're here, you're disorganized. You're a bit rude.

1183
00:56:37,130 --> 00:56:41,290
And it's a customer facing job. You're no good. I'm getting rid of you. Sort that shit out with

1184
00:56:41,290 --> 00:56:46,410
your next job. That person has the opportunity then to go, oh, fuck, maybe I should get my shit

1185
00:56:46,410 --> 00:56:54,270
together. But when they think, oh, I think this is unfair dismissal because they didn't give me a

1186
00:56:54,270 --> 00:56:57,950
review and they didn't give me, and I like give all these kind of like soppy reasons.

1187
00:56:57,950 --> 00:57:05,490
all the good staff do good staff do not need reviews they just get on with it jason who

1188
00:57:05,490 --> 00:57:09,610
works for me fucking brilliant doesn't need it and if i had a problem jason be like cool i hear

1189
00:57:09,610 --> 00:57:15,910
you i'll sort that out the shitty people always default to hiding behind legislation and never

1190
00:57:15,910 --> 00:57:19,210
learn themselves and they're just going to be losers their whole life because of that

1191
00:57:19,210 --> 00:57:25,030
and so again this is a whole other misallocation of capital within a company that was a a sailor

1192
00:57:25,030 --> 00:57:28,130
style rant where I asked you a question. You talked for about 30 minutes there.

1193
00:57:28,330 --> 00:57:34,170
Okay. When we make a podcast, we're in a bubble, right? We get in the plane, we meet each other,

1194
00:57:34,650 --> 00:57:39,230
we make a podcast, some Bitcoin company sponsors us, and we go for a steak. And life's easy

1195
00:57:39,230 --> 00:57:44,670
because the business model worked. So you can get annoyed because you get a tax bill. It's like,

1196
00:57:44,670 --> 00:57:48,310
that tax bill is annoying, but you get on with it. When you're trying to build a proper tough

1197
00:57:48,310 --> 00:57:54,330
business, a hospitality business where the margins are fine, you've got lots of hard businesses,

1198
00:57:54,330 --> 00:57:59,270
Because you just realize how much government gets in the way for, and for what?

1199
00:57:59,270 --> 00:58:02,090
Because they think they can steal your money and give to other people.

1200
00:58:02,090 --> 00:58:04,330
And I'm going to go on another rant now, sorry.

1201
00:58:04,330 --> 00:58:07,110
So this is another point, right?

1202
00:58:07,110 --> 00:58:12,570
What I really hate is like recently, some of the leftist weirdos in my town have gone,

1203
00:58:12,570 --> 00:58:17,270
oh, it's just a rich guy coming in doing this, thinking he can throw his money around.

1204
00:58:17,270 --> 00:58:21,210
When they say it like that, they're using the word rich as a pejorative.

1205
00:58:21,210 --> 00:58:23,210
Well, rich is becoming a pejorative.

1206
00:58:23,210 --> 00:58:28,910
But they equally think, oh, but yeah, he should pay a wealth tax and he should pay

1207
00:58:28,910 --> 00:58:35,670
higher income tax because that person over there needs it. I fucking work my balls off. I've gone

1208
00:58:35,670 --> 00:58:43,390
from broke, like I'm about to lose my house poor and I've worked 60 to 80 hours a week. I've gotten

1209
00:58:43,390 --> 00:58:48,930
planes. I've missed my kids, stayed in shitty hotels. Yeah. And I've worked my absolute ass

1210
00:58:48,930 --> 00:58:53,510
off. If I've made good money, it's because I've worked hard. Now, look, in a fair society where

1211
00:58:53,510 --> 00:59:00,470
I agree to a certain amount of taxation, cool. But don't demonize what I've done. Don't say with

1212
00:59:00,470 --> 00:59:04,870
one hand, we want your tax money. And with the other hand, say you're evil. You're an evil

1213
00:59:04,870 --> 00:59:09,110
capitalist. But you're not allowed both. You're not allowed to have both of those because I've

1214
00:59:09,110 --> 00:59:13,290
worked my fucking ass off. And I think the point is, like, where is that tax money going? Because,

1215
00:59:13,430 --> 00:59:17,830
I mean, I've been to Bedford. The town center is not thriving. Nope, not at all. And so this is

1216
00:59:17,830 --> 00:59:22,530
why you've now brought in this private security force, which has made national news. Like it's

1217
00:59:22,530 --> 00:59:27,890
been a really big deal here in the UK. Like, why do you think there's been such a backlash this?

1218
00:59:28,630 --> 00:59:35,290
Well, so let's not, let's not, there has been a backlash, but let's not give it,

1219
00:59:35,290 --> 00:59:39,130
the credence. Yeah, too much. Because

1220
00:59:39,130 --> 00:59:46,550
I don't think there's been a bigger champion of Bedford than me in recent years. And if there has,

1221
00:59:46,550 --> 00:59:48,890
great, I don't have to be first, second, third, whatever.

1222
00:59:48,890 --> 00:59:49,890
I'm up there.

1223
00:59:49,890 --> 00:59:53,890
I've built businesses, I've brought people to the town,

1224
00:59:53,890 --> 00:59:56,310
I've put it on the map with certain people.

1225
00:59:56,310 --> 00:59:58,310
I clearly care about Bedford, right?

1226
00:59:58,310 --> 01:00:03,310
But I host the right-wing podcast, which is a problem.

1227
01:00:03,310 --> 01:00:05,310
The Reform podcast.

1228
01:00:05,310 --> 01:00:07,310
Well, I think it's more of a libertarian podcast.

1229
01:00:07,310 --> 01:00:11,310
But anyway, I host a podcast when people think of certain political views.

1230
01:00:11,310 --> 01:00:15,210
When we set up the coffee shop in the town,

1231
01:00:15,210 --> 01:00:19,570
the first few weeks I based myself in the shop window, keeping an eye on the place, but doing my

1232
01:00:19,570 --> 01:00:24,670
work. And I knew Bedford had problems. I just didn't realize the scale of them. When you sit

1233
01:00:24,670 --> 01:00:31,810
there all day and you just see people streaming out in the early morning, tweaking, shouting,

1234
01:00:32,590 --> 01:00:37,290
and generally also, just by the way, looking in a terrible state. And some of these terrible

1235
01:00:37,290 --> 01:00:41,990
states are really bad. There's one guy, I mean, I feel for him. His legs are, he doesn't wear any

1236
01:00:41,990 --> 01:00:47,630
shoes anymore. His legs top to bottom are full of sores. They're all bloated. He clearly, he probably

1237
01:00:47,630 --> 01:00:53,770
has a grand green. He will probably get sepsis and die. Fair con? Who knows what I'm talking about,

1238
01:00:53,790 --> 01:00:59,350
right? We saw him the other day, bowling down the high street with a woman who had a bottle of alcohol

1239
01:00:59,350 --> 01:01:05,110
in her hand and a massive black eye. Give them all the empathy in the world you want. I'm cool with

1240
01:01:05,110 --> 01:01:10,850
that. But don't tell me that is something that is good for somebody bringing their kids into town

1241
01:01:10,850 --> 01:01:15,710
with. If you are a family, you're coming to town, that's a problem for you with your kids, especially

1242
01:01:15,710 --> 01:01:20,790
maybe kids are about seven, eight years old. It's like, what's going on there? Add to that,

1243
01:01:20,850 --> 01:01:24,930
there's an area where all the alcoholics are fighting, puking. He saw a couple with their

1244
01:01:24,930 --> 01:01:31,490
baby in a buggy, pissed out of their face. You can have all the empathy in the world. That is

1245
01:01:31,490 --> 01:01:34,550
not a good sign. And you might not want to bring your kids into the town because of that.

1246
01:01:35,050 --> 01:01:40,190
So there is the social burden, because it's not nice to see. Then there's the economic burden,

1247
01:01:40,190 --> 01:01:41,810
because less people are coming in the town center.

1248
01:01:43,130 --> 01:01:45,830
And so just the back story is,

1249
01:01:45,830 --> 01:01:47,970
we went to see the PCC, John Tizard,

1250
01:01:48,150 --> 01:01:49,990
piss weak bloke, absolutely should resign.

1251
01:01:51,990 --> 01:01:53,030
Told him about the problems.

1252
01:01:53,110 --> 01:01:54,070
He had no decent answers.

1253
01:01:54,790 --> 01:01:55,850
Crime is going up now.

1254
01:01:57,490 --> 01:01:59,310
Perception of crime and data of crime

1255
01:01:59,310 --> 01:02:00,150
are two different things.

1256
01:02:00,790 --> 01:02:01,770
All can be massaged.

1257
01:02:02,630 --> 01:02:05,630
And even if you can statistically prove to me

1258
01:02:05,630 --> 01:02:06,490
crime isn't going up,

1259
01:02:06,550 --> 01:02:07,710
I'm going to tell you the perception is.

1260
01:02:08,010 --> 01:02:08,830
And even if you say,

1261
01:02:08,930 --> 01:02:10,150
well, I don't think everyone's perception.

1262
01:02:10,190 --> 01:02:11,470
So I'm going to say, well, it's still too much.

1263
01:02:12,130 --> 01:02:13,750
So I was like, fuck this.

1264
01:02:13,790 --> 01:02:14,650
I've had enough of this.

1265
01:02:15,230 --> 01:02:16,730
I'm going to do a pilot.

1266
01:02:16,830 --> 01:02:17,810
All of August, every Saturday,

1267
01:02:17,890 --> 01:02:19,790
I'm going to put 10 private security guards in the town

1268
01:02:19,790 --> 01:02:21,890
from 18 a.m. till 6 p.m.

1269
01:02:22,890 --> 01:02:27,210
There has been a backlash from the left.

1270
01:02:28,630 --> 01:02:29,550
Progressives, Labour voters.

1271
01:02:29,570 --> 01:02:30,470
I've seen people call you vigilante.

1272
01:02:30,750 --> 01:02:30,910
Yeah.

1273
01:02:33,770 --> 01:02:38,190
And to me, it is part ideological.

1274
01:02:38,190 --> 01:02:45,330
and when I say ideological, it is a group who's now demonized me.

1275
01:02:47,010 --> 01:02:50,650
They think I want to be mayor and they think this is a ploy to be mayor.

1276
01:02:50,730 --> 01:02:52,890
I've been very clear I don't want to be mayor. The job's too hard.

1277
01:02:53,470 --> 01:02:55,290
They probably think I will support reform.

1278
01:02:55,350 --> 01:02:57,370
They basically see me as a different person from them.

1279
01:02:57,430 --> 01:02:59,430
There's a group that see me as a different person from them,

1280
01:02:59,690 --> 01:03:01,650
so it doesn't matter what I do, they're going to attack me.

1281
01:03:01,910 --> 01:03:04,810
There's also a group who just have suicidal empathy

1282
01:03:06,870 --> 01:03:07,990
and they're backlash.

1283
01:03:07,990 --> 01:03:10,230
There's others who just don't like words being...

1284
01:03:10,310 --> 01:03:11,990
They don't want crackhead use. It's, I don't know...

1285
01:03:14,310 --> 01:03:16,150
Drug afflicted person or something.

1286
01:03:17,830 --> 01:03:21,750
And so there is a backlash, but the backlash is a small group of loud people.

1287
01:03:22,070 --> 01:03:24,950
And I'll just have it with them. I'll just tell them.

1288
01:03:25,350 --> 01:03:27,830
So when they're like, oh, you're vigilantes.

1289
01:03:27,910 --> 01:03:30,470
I say, they're not vigilantes, they're private security guards,

1290
01:03:30,550 --> 01:03:32,470
they're licensed, they're trained,

1291
01:03:32,790 --> 01:03:35,670
and they're the same people who provided private security

1292
01:03:35,750 --> 01:03:37,030
to the town as part of the bid.

1293
01:03:37,030 --> 01:03:38,390
I didn't hear you complain about that.

1294
01:03:38,650 --> 01:03:41,190
So I answer quite factual on some of them when they get it wrong.

1295
01:03:41,410 --> 01:03:44,170
And then I will just go toe to toe if they're an idiot.

1296
01:03:44,290 --> 01:03:47,010
See, what I can't understand about the people that are giving you shit about this is

1297
01:03:47,010 --> 01:03:49,430
how they see you as the problem in this situation.

1298
01:03:49,890 --> 01:03:52,990
Like, the problem is the underlying fact that Bedford High Street is dying

1299
01:03:52,990 --> 01:03:54,990
and it's full of drug-afflicted people.

1300
01:03:55,610 --> 01:03:57,650
And you're the person who's offering a solution.

1301
01:03:57,890 --> 01:03:59,170
And they can not like the solution,

1302
01:03:59,330 --> 01:04:01,430
but they can't ignore the fact that the problem is not you.

1303
01:04:01,490 --> 01:04:02,430
The problem is before you.

1304
01:04:02,430 --> 01:04:07,770
Yeah, but they don't, it's how they see the problem.

1305
01:04:08,410 --> 01:04:13,270
I will see the problem as there's a drug addict there who's shoplifting.

1306
01:04:13,730 --> 01:04:15,670
They will say society has failed them.

1307
01:04:17,010 --> 01:04:17,570
Okay?

1308
01:04:17,890 --> 01:04:25,710
The society, you've got to remember that the left lives on ideas of collectivism.

1309
01:04:25,990 --> 01:04:27,930
Like we are a collective unit.

1310
01:04:28,110 --> 01:04:29,670
We think and operate the same.

1311
01:04:29,670 --> 01:04:31,930
If you don't think and operate the same, you're the outsider, you're the enemy.

1312
01:04:32,430 --> 01:04:37,350
and everyone's a victim. So, and look, don't get me wrong, there are victims out there.

1313
01:04:37,750 --> 01:04:43,110
There are young women who were abused probably by their dad, sexually abused, ran away from home,

1314
01:04:43,170 --> 01:04:48,090
ended up homeless, met the wrong people, and fell into drugs, and are now in prostitution,

1315
01:04:48,170 --> 01:04:50,810
maybe being raped. Like, terrible, terrible stories. I totally get it.

1316
01:04:51,910 --> 01:04:56,850
But not everybody was that. Some people just made shitty bad decisions. Some people were like,

1317
01:04:57,290 --> 01:05:02,310
I don't want to work. I'm going to live on the street, or whatever. And they one day decided,

1318
01:05:02,310 --> 01:05:03,690
to put a needle in their arm and take heroin.

1319
01:05:03,790 --> 01:05:05,570
We all know heroin is bad, but they made a decision.

1320
01:05:05,890 --> 01:05:07,470
There are bad decisions in there as well.

1321
01:05:09,690 --> 01:05:11,550
Their view is society must fix that,

1322
01:05:11,790 --> 01:05:13,150
and government must fix that.

1323
01:05:14,110 --> 01:05:16,770
And there is a lack of tolerance

1324
01:05:16,770 --> 01:05:20,590
for people who come at this differently.

1325
01:05:21,210 --> 01:05:25,350
And I see how difficult the left are to deal with.

1326
01:05:25,590 --> 01:05:27,270
And this is, again, my point where I go back

1327
01:05:27,270 --> 01:05:29,570
to becoming more libertarian,

1328
01:05:29,790 --> 01:05:31,270
because if we're libertarian

1329
01:05:31,270 --> 01:05:37,110
and we operate on just founding principles, life, liberty, property rights, and voluntarism.

1330
01:05:37,450 --> 01:05:45,070
If we think like that, then we can coexist happily. I can identify a problem of security in the town

1331
01:05:45,070 --> 01:05:50,670
and I can put in a private security team. They are protecting the lives of people there,

1332
01:05:51,110 --> 01:05:54,410
they are protecting the freedoms of people there, and they're protecting property rights.

1333
01:05:54,410 --> 01:05:58,750
And it's voluntary because I've paid for it with my own money and they're operating within a public

1334
01:05:58,750 --> 01:06:06,430
space as a voluntary service. They are not infringing on anybody's rights. And if you as

1335
01:06:06,430 --> 01:06:12,590
a leftist go, well, where are you moving these people to? Society has failed them. Great. You

1336
01:06:12,590 --> 01:06:18,970
can set up your own private initiative and you can fund addiction, rehab centers, addiction support.

1337
01:06:19,170 --> 01:06:24,610
You can do exactly what I'm doing and society wins because I protect the businesses in the town.

1338
01:06:24,690 --> 01:06:28,230
You protect the individuals and neither of us are infringing upon life, liberty and the

1339
01:06:28,230 --> 01:06:34,590
these happenings. Neither of us are infringing on other people's rights. But it's a lot easier to go

1340
01:06:34,590 --> 01:06:41,290
on Facebook and go, Pete McCormack's a meanie. He's a fascist. And then do fuck all and complain.

1341
01:06:41,430 --> 01:06:45,830
It's really easy to do that. Like, and this is, by the way, this is one of my complaints about

1342
01:06:45,830 --> 01:06:52,210
Bitcoiners, if we really want to go for it, is that all these motherfuckers who shouted me on

1343
01:06:52,210 --> 01:06:57,570
the podcast, I just think I'm doing what we said we were going to do. Like, we were meant to go out

1344
01:06:57,570 --> 01:06:58,350
and fix the world.

1345
01:06:58,910 --> 01:06:59,770
We all got a bit lucky.

1346
01:07:00,170 --> 01:07:00,750
Whatever you think,

1347
01:07:00,830 --> 01:07:01,730
we definitely got lucky.

1348
01:07:02,330 --> 01:07:03,110
There is a luck.

1349
01:07:03,630 --> 01:07:04,310
I don't care if people say,

1350
01:07:04,390 --> 01:07:04,890
well, no, it's not.

1351
01:07:04,950 --> 01:07:06,070
It's strong diamond hands.

1352
01:07:06,130 --> 01:07:07,590
We went through the up and down roller coaster.

1353
01:07:07,870 --> 01:07:09,210
Yeah, we all came out the other end richer.

1354
01:07:09,730 --> 01:07:12,530
So we were meant to go do this.

1355
01:07:12,650 --> 01:07:14,030
We were meant to go and fix up,

1356
01:07:14,310 --> 01:07:15,710
go back and fix our societies.

1357
01:07:15,990 --> 01:07:18,550
Michael Peterson did it out in El Zonte.

1358
01:07:18,810 --> 01:07:19,610
I'm doing it in Bedford.

1359
01:07:19,610 --> 01:07:20,270
Other people did it.

1360
01:07:20,310 --> 01:07:21,730
This is what we were meant to do.

1361
01:07:22,950 --> 01:07:26,610
And yeah.

1362
01:07:26,610 --> 01:07:27,130
Oh, yeah.

1363
01:07:27,350 --> 01:07:28,270
Calling out the Bitcoiners.

1364
01:07:28,450 --> 01:07:28,730
I love it.

1365
01:07:28,730 --> 01:07:32,130
Well, no, it's just, it's just, I'm going on different tangents here just because I'm

1366
01:07:32,130 --> 01:07:33,470
ranting and we've already recorded it.

1367
01:07:33,470 --> 01:07:33,710
The rants are great.

1368
01:07:33,830 --> 01:07:35,530
Dude, honestly, I'm so fucking proud of you.

1369
01:07:35,590 --> 01:07:37,170
This is the coolest thing to see.

1370
01:07:37,450 --> 01:07:40,190
No, but it's, it's like we recorded it the other day and I want to make sure I didn't

1371
01:07:40,190 --> 01:07:41,330
miss anything we talked about.

1372
01:07:41,390 --> 01:07:42,570
We talked about some good things in there.

1373
01:07:42,570 --> 01:07:47,250
But look, the summary of it is, is that's why, again, going back to the libertarian ideas,

1374
01:07:48,210 --> 01:07:55,570
if your foundation is life, liberty, property rights, you can, left and right opinions can

1375
01:07:55,570 --> 01:08:01,370
coexist because the basic foundational framework we're working under is not infringing on each

1376
01:08:01,370 --> 01:08:06,410
other's rights. I'm not infringing on anyone's rights with a private security team. You're just

1377
01:08:06,410 --> 01:08:14,830
going out and doing things. But if you're a collectivist, you want to say, well, who is that

1378
01:08:14,830 --> 01:08:22,350
private security force accountable to? What rights do they have? And I will explain to them.

1379
01:08:22,350 --> 01:08:22,930
Same as you.

1380
01:08:23,050 --> 01:08:23,910
They have the same rights as you.

1381
01:08:24,110 --> 01:08:26,290
They have the power of arrest and indictable offence.

1382
01:08:26,530 --> 01:08:28,290
They have the power to protect property.

1383
01:08:28,990 --> 01:08:29,210
Okay?

1384
01:08:29,470 --> 01:08:30,390
Have they arrested anyone yet?

1385
01:08:30,650 --> 01:08:30,870
No.

1386
01:08:31,410 --> 01:08:31,810
And-

1387
01:08:31,810 --> 01:08:33,110
How's the first two weeks gone?

1388
01:08:33,250 --> 01:08:33,790
Really well.

1389
01:08:34,230 --> 01:08:36,230
Like, almost universally well.

1390
01:08:36,330 --> 01:08:37,990
And look, people say, we'll expect you to say that.

1391
01:08:38,370 --> 01:08:38,650
No, no.

1392
01:08:38,850 --> 01:08:39,930
Look, this is free market.

1393
01:08:40,150 --> 01:08:43,010
If it hasn't gone well, I'm not going to carry on spending 10 grand a month on this

1394
01:08:43,010 --> 01:08:43,970
because it's a waste of fucking money.

1395
01:08:44,150 --> 01:08:45,030
Have they moved people on?

1396
01:08:45,070 --> 01:08:45,670
Like, what's happened?

1397
01:08:46,090 --> 01:08:47,590
So, they don't-

1398
01:08:47,590 --> 01:08:48,590
Again, there's a myth.

1399
01:08:48,810 --> 01:08:50,330
You just want to move on homeless people.

1400
01:08:50,470 --> 01:08:50,970
No, we don't.

1401
01:08:50,970 --> 01:08:54,250
we want to enforce the law and the PSPO order.

1402
01:08:54,250 --> 01:08:56,470
The law is, you know, you can't go up

1403
01:08:56,470 --> 01:08:57,850
and punch someone in the head.

1404
01:08:57,850 --> 01:09:10,465
Okay if we saw so for example if we saw I don know down one of the alleys two guys beating up a woman our security guys are going to go in there sit on them call the police and say come and get them And our police are going to be grateful because we spoke to them they said do that

1405
01:09:11,805 --> 01:09:16,105
If they see somebody, maybe, I don't know, just annoying somebody, they're not going to do

1406
01:09:16,105 --> 01:09:19,125
anything. They'll just go and say, leave them alone. They're scarecrows. They're wearing

1407
01:09:19,125 --> 01:09:24,625
Hiver's jackets and they've got body cams. If they see a homeless person, they're not going to

1408
01:09:24,625 --> 01:09:28,845
move, not going to go and say, you're homeless, you have to move on. If they see them breaking the

1409
01:09:28,845 --> 01:09:35,985
PSPO order, which is aggressive begging, or taking drugs, or drinking, they will go up to them and

1410
01:09:35,985 --> 01:09:40,485
say, look, there's a PSPO order, you're not allowed to drink here, do you mind moving on? Almost all

1411
01:09:40,485 --> 01:09:44,145
scenarios, these people have said, yeah, fine, we'll move on, and they do. The green, where all the

1412
01:09:44,145 --> 01:09:49,425
piss heads are, it's been empty each Saturday, and you see families there now. And so it's gone

1413
01:09:49,425 --> 01:09:55,205
really well. I've had endless emails and private messages of people saying, thank you, this has

1414
01:09:55,205 --> 01:10:00,525
been great. I mean, listen to, put this on by the mic. You can just, this is a great example.

1415
01:10:01,365 --> 01:10:04,525
So a lady, she's got a shop on the high street in Bedford. She's always having to deal with

1416
01:10:04,525 --> 01:10:13,805
problems, right? Where is she? Hold on. Have you spoken to the woman who owns the vegan cafe?

1417
01:10:14,585 --> 01:10:17,885
No, I haven't actually. I'd be curious to know what she thinks. Yeah, that might be an interesting

1418
01:10:17,885 --> 01:10:18,885
So here's a good example.

1419
01:10:20,885 --> 01:10:23,025
Instant relief seeing your guys out today.

1420
01:10:23,145 --> 01:10:26,125
I've just seen a group of them at the car park,

1421
01:10:26,485 --> 01:10:28,085
which is reassuring coming in.

1422
01:10:28,325 --> 01:10:29,645
I saw people as well.

1423
01:10:29,705 --> 01:10:31,025
So I know it's going to be a good day,

1424
01:10:31,305 --> 01:10:34,185
or at least a safe day, which makes all the difference.

1425
01:10:34,825 --> 01:10:36,445
Do you know what? That's amazing.

1426
01:10:36,605 --> 01:10:38,805
But it's also depressing that she has to rely on you

1427
01:10:38,805 --> 01:10:40,745
to have a safe day in Bedford, in the UK.

1428
01:10:41,125 --> 01:10:42,725
Well, it's that weird kind of paradox

1429
01:10:42,725 --> 01:10:46,285
in that it's good that we've got security guards in the town,

1430
01:10:46,285 --> 01:10:48,525
and it's bad that we've got security guards in the town.

1431
01:10:49,165 --> 01:10:51,465
How much of it is a Bedford issue rather than a UK issue?

1432
01:10:52,025 --> 01:10:53,005
Oh, it's a UK issue.

1433
01:10:53,165 --> 01:10:54,985
So I obviously don't live here now.

1434
01:10:55,245 --> 01:10:58,165
I probably spend three weeks a year in the UK, something like that.

1435
01:10:58,425 --> 01:11:00,945
And when I'm away and I'll see things on Twitter,

1436
01:11:01,705 --> 01:11:04,805
it looks like the UK is on a serious decline.

1437
01:11:04,885 --> 01:11:05,345
Yeah, we're fucked.

1438
01:11:05,345 --> 01:11:08,605
But when I walk around, I don't feel that.

1439
01:11:09,765 --> 01:11:11,525
And maybe there's an interesting thing in here,

1440
01:11:11,545 --> 01:11:13,685
because last week you came up to my hometown where I grew up.

1441
01:11:13,685 --> 01:11:19,525
And I always considered Macclesfield and Bedford as being relatively similar.

1442
01:11:19,625 --> 01:11:23,245
They're probably a similar-ish size, relatively similar demographic.

1443
01:11:23,505 --> 01:11:27,105
And you were really impressed with how nice Macclesfield was comparatively to Bedford.

1444
01:11:27,225 --> 01:11:27,605
Well, it's clean.

1445
01:11:28,145 --> 01:11:28,365
Yeah.

1446
01:11:28,505 --> 01:11:30,025
And we didn't see any homeless or drug addicts.

1447
01:11:30,125 --> 01:11:33,265
But there could be a day I take you to Bedford, you don't see them.

1448
01:11:33,585 --> 01:11:34,545
So that happens.

1449
01:11:34,645 --> 01:11:38,285
Somebody did message me and say, what do you mean you didn't see any homeless or drug addicts?

1450
01:11:38,305 --> 01:11:40,165
So maybe it does exist.

1451
01:11:40,665 --> 01:11:42,325
And Macclesfield is half the size of Bedford.

1452
01:11:42,325 --> 01:11:43,065
It's 50,000.

1453
01:11:43,065 --> 01:11:50,625
But I definitely saw a more bustling economy in Macclesfield, and it seemed cleaner and better.

1454
01:11:50,765 --> 01:11:53,385
But it is a nation, look, this is a nationwide issue.

1455
01:11:53,965 --> 01:11:56,405
This is reflective of the state getting too big.

1456
01:11:57,405 --> 01:11:59,205
It's got all this bullshit it's got to pay for.

1457
01:11:59,585 --> 01:12:01,745
Taxes are up because of that.

1458
01:12:02,145 --> 01:12:02,905
Crime is up.

1459
01:12:03,005 --> 01:12:04,185
They're not punishing crime.

1460
01:12:04,305 --> 01:12:05,265
Police forces have got smaller.

1461
01:12:05,265 --> 01:12:15,365
Like, every single direction, the bloat of the state has eroded the services that the state would normally provide,

1462
01:12:15,545 --> 01:12:17,345
and has led to this kind of decline.

1463
01:12:17,565 --> 01:12:21,965
And if I post something about this on Twitter, and it gets a bit viral,

1464
01:12:22,405 --> 01:12:24,065
you'll see all these comments coming in saying,

1465
01:12:24,525 --> 01:12:27,025
I'm going to pick towns. If I've got a town that's wrong, apologies.

1466
01:12:27,465 --> 01:12:30,785
But it might be like, oh, it's the same here in Bournemouth, or it's the same here in Scunthorpe,

1467
01:12:30,825 --> 01:12:31,485
or it's the same here in Hull.

1468
01:12:31,485 --> 01:12:41,485
By the way, there's now a, Connor can probably find this, more of a vigilante, private 200 people in Bournemouth who've come together to protect the town.

1469
01:12:41,685 --> 01:12:42,765
Do you think there's a vigilante there?

1470
01:12:43,905 --> 01:12:49,505
Well, I say vigilante there because it's not private train security or security farm.

1471
01:12:49,605 --> 01:12:51,025
This is a local group of people.

1472
01:12:51,625 --> 01:12:54,165
The thing about it, we can argue, is my group vigilante or not?

1473
01:12:54,545 --> 01:12:59,065
What I will say is we probably already have them and we're going to get vigilante groups.

1474
01:12:59,065 --> 01:12:59,365
Yeah.

1475
01:12:59,365 --> 01:13:02,845
if you feel that your town is unsafe,

1476
01:13:03,125 --> 01:13:05,465
and you feel that there are threats to your children

1477
01:13:05,465 --> 01:13:07,065
or threats to women in the town,

1478
01:13:07,225 --> 01:13:09,325
and you push us enough to the edge,

1479
01:13:09,805 --> 01:13:11,085
groups of people are going to come together and say,

1480
01:13:11,325 --> 01:13:13,365
fuck this, I'm not having this.

1481
01:13:13,525 --> 01:13:15,025
And they will become vigilantes.

1482
01:13:15,265 --> 01:13:16,325
And they are the risk.

1483
01:13:16,845 --> 01:13:22,045
We're low risk because we are using a trained, licensed security firm.

1484
01:13:22,685 --> 01:13:24,905
If it's a group of lads coming together and saying, fuck this,

1485
01:13:25,385 --> 01:13:27,045
they might just clown someone.

1486
01:13:27,045 --> 01:13:27,365
Yeah.

1487
01:13:27,845 --> 01:13:29,265
And that's the scary thing about this,

1488
01:13:29,265 --> 01:13:33,105
because like no matter, I don't, yeah, here we go. More than 200 residents, including ex-military

1489
01:13:33,105 --> 01:13:37,505
personnel, security professionals, and first aiders have signed up to patrol the streets of Bournemouth.

1490
01:13:38,225 --> 01:13:44,465
I mean, it just depresses me that it got to this. But it also excites me. Not that it exists.

1491
01:13:45,005 --> 01:13:46,905
I think it's terrible. But there's a movement trying to change it.

1492
01:13:47,045 --> 01:13:51,325
Yes. It shows how far, how far gone we are. How, how fucked we are. I mean, look,

1493
01:13:51,485 --> 01:13:57,705
you've seen the Coinbase ad, right? Everything is fine. It is, it's so.

1494
01:13:57,705 --> 01:14:02,805
furthest thing from fine. Well, it's so ironically beautiful. But we've been trolled by America

1495
01:14:02,805 --> 01:14:08,605
about the state of our country to sell products to us. But it's so right. We're like, all this,

1496
01:14:08,725 --> 01:14:14,625
yeah, everything's fine. I mean, it's not. The UK is, we've got a communist government at a time

1497
01:14:14,625 --> 01:14:20,425
when there's no money, where they're increasing regulation, increasing taxes. Joblessness is

1498
01:14:20,425 --> 01:14:27,025
going up. The inflation is up. Growth is stagnant. I think GDP per capita is down.

1499
01:14:27,705 --> 01:14:28,905
Investment is down.

1500
01:14:29,445 --> 01:14:31,085
Investor confidence is down.

1501
01:14:31,205 --> 01:14:33,085
Like every single economic measure is shit.

1502
01:14:33,425 --> 01:14:35,285
Then you get into other things like health outcomes.

1503
01:14:35,585 --> 01:14:35,805
Shit.

1504
01:14:35,965 --> 01:14:38,045
Everything is going to shit in this country.

1505
01:14:38,565 --> 01:14:41,825
And there's a large part of the population that sees it.

1506
01:14:42,205 --> 01:14:44,905
And there is nobody with a backbone within...

1507
01:14:46,125 --> 01:14:47,445
Nobody's unfair.

1508
01:14:47,805 --> 01:14:50,205
There's hardly anyone with a backbone in Whitehall who's saying,

1509
01:14:50,365 --> 01:14:51,145
let's fix this.

1510
01:14:51,665 --> 01:14:54,325
Someone with a pair of bollocks like Millet or a Buckelian says,

1511
01:14:54,425 --> 01:14:55,265
I've had enough.

1512
01:14:55,425 --> 01:14:56,465
I'm fixing this.

1513
01:14:56,465 --> 01:14:57,765
I'm not taking this shit anymore.

1514
01:14:58,185 --> 01:15:01,325
And the risk with the growing vigilante groups

1515
01:15:01,325 --> 01:15:04,565
is that something happens and they're directed in the wrong way.

1516
01:15:05,845 --> 01:15:07,525
I'm not even giving an opinion on the immigration.

1517
01:15:07,565 --> 01:15:09,505
I mean, the immigration thing is getting out of control in the UK.

1518
01:15:10,125 --> 01:15:12,305
And I'm not saying we should have no immigration,

1519
01:15:12,505 --> 01:15:14,325
but it's at a crazy fucking point.

1520
01:15:15,165 --> 01:15:16,585
But when you see these group of people

1521
01:15:16,585 --> 01:15:19,085
grouping up outside the migrant hotels,

1522
01:15:19,305 --> 01:15:21,205
all that's going to take is one tiny thing

1523
01:15:21,205 --> 01:15:22,445
and then something bad happens.

1524
01:15:22,685 --> 01:15:23,805
And do you know what the truth of it is?

1525
01:15:23,805 --> 01:15:26,985
it's not really the migrants fault.

1526
01:15:27,385 --> 01:15:27,865
No, it's not.

1527
01:15:27,925 --> 01:15:28,665
Like if I was from...

1528
01:15:28,665 --> 01:15:31,085
The West bombs their countries constantly for the last 30 years.

1529
01:15:31,145 --> 01:15:35,485
If I was from Eritrea, I mean, look, okay, let's put it a different way.

1530
01:15:36,685 --> 01:15:39,165
Look at all the people leaving the UK to go to other countries.

1531
01:15:39,285 --> 01:15:40,125
Why are they leaving?

1532
01:15:40,485 --> 01:15:42,625
Because they think they can get a better life elsewhere.

1533
01:15:42,945 --> 01:15:45,345
And yes, they'll say it's legal migration.

1534
01:15:45,445 --> 01:15:46,965
Well, lots of the migration to the country is legal.

1535
01:15:47,545 --> 01:15:50,025
But if I was from Eritrea and I thought if I can get into the UK

1536
01:15:50,025 --> 01:15:51,465
and create a good life for my family...

1537
01:15:51,465 --> 01:15:52,265
I'm doing it.

1538
01:15:52,305 --> 01:15:52,745
I'm doing it.

1539
01:15:52,765 --> 01:15:53,325
I'm on that boat.

1540
01:15:53,725 --> 01:15:57,365
Our problem is we are a welfare state who offers so much.

1541
01:15:57,925 --> 01:16:01,645
If you look across Europe where to go, well, the UK, I get a hotel room for the night.

1542
01:16:01,705 --> 01:16:02,365
I get three meals.

1543
01:16:02,445 --> 01:16:03,365
I get private health care.

1544
01:16:03,465 --> 01:16:04,305
I get massages.

1545
01:16:04,465 --> 01:16:05,405
I get mobile phone.

1546
01:16:05,925 --> 01:16:07,125
That's fucking great.

1547
01:16:07,245 --> 01:16:07,925
Put me on that boat.

1548
01:16:08,005 --> 01:16:08,645
I'll go over there.

1549
01:16:08,645 --> 01:16:09,325
It's not their fault.

1550
01:16:09,785 --> 01:16:13,645
If we didn't incentivize coming here, less people come here.

1551
01:16:13,945 --> 01:16:15,865
The economic migrants would come in and create jobs.

1552
01:16:15,905 --> 01:16:20,525
And I've got no issue with economic migration if it's net beneficial to the country and them.

1553
01:16:21,165 --> 01:16:22,785
I've got no issue with that at all.

1554
01:16:23,325 --> 01:16:24,185
But it's not that.

1555
01:16:24,765 --> 01:16:26,205
And people are getting so pissed off.

1556
01:16:26,345 --> 01:16:28,285
And to the point, it's so mad.

1557
01:16:28,645 --> 01:16:29,985
People are talking about civil war.

1558
01:16:30,065 --> 01:16:30,925
Well, that's what I was going to say,

1559
01:16:30,965 --> 01:16:32,145
because you were telling me this last week,

1560
01:16:32,165 --> 01:16:33,865
and I'd never heard anyone talk about this in the UK.

1561
01:16:34,025 --> 01:16:34,145
Yeah.

1562
01:16:34,585 --> 01:16:36,445
And you were saying that you think it's closer

1563
01:16:36,445 --> 01:16:37,865
than we may like to admit.

1564
01:16:38,085 --> 01:16:41,185
Yes, or we might have been on the tip and point and be there.

1565
01:16:41,425 --> 01:16:42,805
But that's the things that are a little...

1566
01:16:42,805 --> 01:16:44,265
I'm not saying these vigilante groups

1567
01:16:44,265 --> 01:16:45,505
or this group of people collecting

1568
01:16:45,505 --> 01:16:47,465
to try and make their town better are a bad thing.

1569
01:16:47,705 --> 01:16:50,085
But the risk there is that something happens.

1570
01:16:50,145 --> 01:16:51,685
It's kind of like an inocular small thing.

1571
01:16:51,685 --> 01:16:53,765
and then it escalates and escalates and escalates.

1572
01:16:53,805 --> 01:16:54,725
And what happens next?

1573
01:16:54,805 --> 01:16:56,805
Well, it becomes counterproductive and allows the state to grow.

1574
01:16:57,405 --> 01:16:58,445
You have to be smart.

1575
01:16:59,085 --> 01:17:02,985
The pen is mightier than the sword is so true in this situation.

1576
01:17:03,425 --> 01:17:07,245
So when I first started seeing these talks about civil war,

1577
01:17:07,585 --> 01:17:10,105
it's a bit like when Iran was bombed,

1578
01:17:10,165 --> 01:17:11,285
they say World War III is coming.

1579
01:17:11,725 --> 01:17:12,865
I think, oh, it's a podcaster.

1580
01:17:13,085 --> 01:17:14,165
It's an inflammatory title.

1581
01:17:14,485 --> 01:17:15,545
YouTube incentivizes.

1582
01:17:15,845 --> 01:17:18,065
Yeah, well, it incentivizes inflammatory titles, right?

1583
01:17:18,065 --> 01:17:19,365
Because you get...

1584
01:17:19,365 --> 01:17:20,385
And that's what I thought it was.

1585
01:17:20,385 --> 01:17:23,525
but the trigonometry guys, I can't all get his name up,

1586
01:17:23,565 --> 01:17:24,565
they've got this guy and this expert,

1587
01:17:24,765 --> 01:17:25,825
he works at King's College London,

1588
01:17:26,725 --> 01:17:29,445
and he said there are seven conditions for civil war,

1589
01:17:29,505 --> 01:17:31,185
of which the UK meets six of them.

1590
01:17:31,245 --> 01:17:33,265
If you read them, he's absolutely true.

1591
01:17:34,005 --> 01:17:35,885
And also you think, well, what does civil war mean?

1592
01:17:35,965 --> 01:17:37,725
Well, the only civil war I know really,

1593
01:17:38,005 --> 01:17:40,585
like, was the main one, is the one in the US,

1594
01:17:40,725 --> 01:17:41,245
whereas...

1595
01:17:41,245 --> 01:17:41,705
It's guns.

1596
01:17:41,865 --> 01:17:44,585
It's guns, and it was the North via the South,

1597
01:17:44,685 --> 01:17:45,825
and it was open warfare,

1598
01:17:45,825 --> 01:17:48,165
but he talks about it more like insurgency.

1599
01:17:48,165 --> 01:17:50,925
and I haven't finished that interview

1600
01:17:50,925 --> 01:17:53,865
but what I suspect he's saying is

1601
01:17:53,865 --> 01:17:55,205
what's that?

1602
01:17:55,765 --> 01:17:56,865
Yeah, David Betts.

1603
01:17:56,985 --> 01:17:58,445
See if you can find those seven conditions.

1604
01:18:00,005 --> 01:18:02,705
It may be a group of lads

1605
01:18:02,705 --> 01:18:04,385
who are so fucked off with the UK.

1606
01:18:05,385 --> 01:18:07,345
Inflation, can't afford a house,

1607
01:18:07,945 --> 01:18:09,845
can't afford to fill their car,

1608
01:18:10,225 --> 01:18:11,225
working their bollocks off,

1609
01:18:11,285 --> 01:18:12,185
got no money left and said,

1610
01:18:12,245 --> 01:18:13,045
I've had enough of this.

1611
01:18:13,485 --> 01:18:14,805
All these migrants are coming over,

1612
01:18:14,905 --> 01:18:15,905
getting the hotel rooms

1613
01:18:15,905 --> 01:18:16,885
and I'm working my ass off.

1614
01:18:16,905 --> 01:18:17,605
I've got no money left.

1615
01:18:17,605 --> 01:18:23,985
I'm paying tax. You know, who are just angry. And what if they say we need to fight back?

1616
01:18:24,165 --> 01:18:29,345
Now, my way of fighting back is action. Parallel institution in Bedford.

1617
01:18:29,645 --> 01:18:30,225
Civic duty.

1618
01:18:30,385 --> 01:18:34,905
Civic duty, proven we don't need them, and to do with action. But I totally can see a world where

1619
01:18:34,905 --> 01:18:39,685
somebody goes, we might need to burn down a police station, or we might need to, I don't know, some

1620
01:18:39,685 --> 01:18:45,145
crazy shit. The problem is, the minute they do that, they will be classed as domestic terrorists,

1621
01:18:45,145 --> 01:18:52,085
arrested, rightly so, because you should not be violent. And then we'll see a further clampdown

1622
01:18:52,085 --> 01:18:59,685
on our freedoms, on our civil rights, and it will be squashed. There is no path, there's no sensible

1623
01:18:59,685 --> 01:19:05,525
path to a violent civil war in this country. The only sensible path is peaceful revolution,

1624
01:19:06,125 --> 01:19:10,805
which is dependence, mighty, and the sword, which is parallel institutions, privately funded,

1625
01:19:10,805 --> 01:19:13,145
doing the job of the state within the law

1626
01:19:13,145 --> 01:19:14,605
and proving we don't need you,

1627
01:19:15,125 --> 01:19:17,645
and then on the back of that, political action

1628
01:19:17,645 --> 01:19:22,145
to remove parts of the state which aren't performing.

1629
01:19:22,865 --> 01:19:24,605
And starve the beast with Bitcoin.

1630
01:19:24,805 --> 01:19:25,025
Yes.

1631
01:19:25,245 --> 01:19:27,325
But you can't because you have to pay your taxation.

1632
01:19:27,925 --> 01:19:30,285
So, look, I'm of this belief.

1633
01:19:30,345 --> 01:19:31,345
We will always have government,

1634
01:19:31,785 --> 01:19:33,465
but we will get the government we deserve.

1635
01:19:34,325 --> 01:19:36,745
This country voted for a Labour government,

1636
01:19:37,325 --> 01:19:38,865
and so we've got the country we deserve.

1637
01:19:38,865 --> 01:19:42,705
I can't see us returning to a monarchy here. Yes, there are monarchies around the world,

1638
01:19:42,705 --> 01:19:45,745
you can go and live with them. I don't see that. I don't see democracy going anywhere

1639
01:19:45,745 --> 01:19:51,745
in this country. So what we need to do as an electorate is ensure that we let the politicians

1640
01:19:51,745 --> 01:19:56,305
know our demands. These are our demands. This is what we want from government.

1641
01:19:57,585 --> 01:20:01,985
I mean, I want a Malay-style character. I want somebody who's going to dismantle the state,

1642
01:20:01,985 --> 01:20:05,345
the apparatus of the state, the power of the state, and put it into the hands of the people.

1643
01:20:05,345 --> 01:20:08,185
I want a massive reduction in all the fucking stupid laws we have.

1644
01:20:08,485 --> 01:20:10,645
I want all the freedoms and liberty restored.

1645
01:20:10,725 --> 01:20:11,805
I want taxation reduced.

1646
01:20:12,425 --> 01:20:15,585
And I'm not talking for anarcho-capitalists.

1647
01:20:15,685 --> 01:20:18,545
Just make the country work.

1648
01:20:18,725 --> 01:20:20,285
And I would vote for that person.

1649
01:20:20,345 --> 01:20:21,305
Does that person exist?

1650
01:20:21,305 --> 01:20:25,125
I don't think it's Nigel Farage.

1651
01:20:26,485 --> 01:20:28,865
I can't think of a...

1652
01:20:28,865 --> 01:20:32,045
I don't know of a real libertarian within Whitehall.

1653
01:20:32,245 --> 01:20:34,525
Like a real libertarian who is Millet style.

1654
01:20:34,525 --> 01:20:35,745
What about Rupert Lohm?

1655
01:20:36,125 --> 01:20:38,145
I don't think he's a full libertarian.

1656
01:20:38,345 --> 01:20:39,965
I think he's a strong conservative.

1657
01:20:40,225 --> 01:20:41,625
I think he's a small government conservative.

1658
01:20:41,845 --> 01:20:44,045
And there's some of those Thatcherites types.

1659
01:20:44,765 --> 01:20:46,445
Andrew Griffith is one.

1660
01:20:47,005 --> 01:20:53,345
But I don't think there is a full Malay libertarian, you know,

1661
01:20:53,925 --> 01:20:59,225
who will absolutely tear the left apart and destroy all of their arguments.

1662
01:21:00,305 --> 01:21:02,825
And this is one of the difficult parts.

1663
01:21:02,825 --> 01:21:06,125
is like, as a libertarian, if I was a libertarian,

1664
01:21:06,185 --> 01:21:07,425
some people say I'm not, fair point.

1665
01:21:07,985 --> 01:21:12,585
But the left are the easiest ones to argue against

1666
01:21:12,585 --> 01:21:14,245
because they're the most communist,

1667
01:21:14,485 --> 01:21:16,545
they are the most collectivist of the lot.

1668
01:21:16,745 --> 01:21:18,025
Their ideas are the worst.

1669
01:21:19,085 --> 01:21:23,145
There is an uncomfortable alliance between conservatives and libertarians

1670
01:21:23,145 --> 01:21:27,105
because conservatives should be taking water towards smaller government.

1671
01:21:27,565 --> 01:21:29,005
But they're still not the end goal.

1672
01:21:29,005 --> 01:21:33,565
and so the people who are ideologically against me in Bedford

1673
01:21:33,565 --> 01:21:37,625
see me as the enemy because I speak some of the similar languages,

1674
01:21:37,625 --> 01:21:41,625
say, the conservative or the reform people, but I'm not...

1675
01:21:41,625 --> 01:21:43,145
A conservator or a reform...

1676
01:21:43,145 --> 01:21:48,045
I guess I'm a small C Thatcherite conservative over a Blairite,

1677
01:21:48,685 --> 01:21:53,145
but even under a small state, even under a small, like a Thatcherite government,

1678
01:21:53,245 --> 01:21:54,405
I'd be like, make the state smaller.

1679
01:21:54,405 --> 01:21:56,425
and so it's this

1680
01:21:56,425 --> 01:21:58,085
that's yeah

1681
01:21:58,085 --> 01:21:59,465
that's the difficult part of this

1682
01:21:59,465 --> 01:22:01,065
so at like a national level

1683
01:22:01,065 --> 01:22:02,525
there's little hope

1684
01:22:02,525 --> 01:22:04,125
maybe some small glimpses

1685
01:22:04,125 --> 01:22:05,265
but at a local level

1686
01:22:05,265 --> 01:22:06,185
do you think you can actually

1687
01:22:06,185 --> 01:22:07,265
make a difference in Bedford?

1688
01:22:07,965 --> 01:22:08,445
I could try

1689
01:22:08,445 --> 01:22:09,125
long term

1690
01:22:09,125 --> 01:22:12,425
because how long can you

1691
01:22:12,425 --> 01:22:14,425
realistically fund these programs

1692
01:22:14,425 --> 01:22:14,905
that you're doing

1693
01:22:14,905 --> 01:22:16,345
where it's just cash out of your pocket

1694
01:22:16,345 --> 01:22:16,985
into the town

1695
01:22:16,985 --> 01:22:18,305
if it's not really making any change

1696
01:22:18,305 --> 01:22:18,765
when do you just go

1697
01:22:18,765 --> 01:22:19,425
you know what fuck it

1698
01:22:19,425 --> 01:22:19,925
I'm gonna go

1699
01:22:19,925 --> 01:22:20,625
well look

1700
01:22:20,625 --> 01:22:22,505
if the podcast stayed as it is now

1701
01:22:22,505 --> 01:22:23,625
and it made the same money

1702
01:22:23,625 --> 01:22:27,705
as it does now, I can do the £10,000 a month in perpetuity.

1703
01:22:27,845 --> 01:22:28,565
And I would.

1704
01:22:29,425 --> 01:22:30,685
It's more important to have money.

1705
01:22:30,705 --> 01:22:32,265
Even if no other change was happening in the town,

1706
01:22:32,325 --> 01:22:33,445
if everything was staying the same,

1707
01:22:33,485 --> 01:22:35,385
apart from on a Saturday every month you had...

1708
01:22:36,605 --> 01:22:40,105
If it made no difference, then there's no point doing it.

1709
01:22:40,145 --> 01:22:41,585
But I think it is making a difference.

1710
01:22:42,265 --> 01:22:43,325
And it's not just me.

1711
01:22:43,405 --> 01:22:44,405
I'm not going to stand here and say,

1712
01:22:44,465 --> 01:22:45,165
I'm going to take all the credit.

1713
01:22:45,245 --> 01:22:47,165
There's loads of fucking great people in Bedford

1714
01:22:47,165 --> 01:22:51,865
that put on markets, who put in artwork in empty buildings,

1715
01:22:51,865 --> 01:22:55,545
who do pop-up shops, try and do things in the town.

1716
01:22:55,545 --> 01:22:59,465
So for me to say I'm just a loud mouth who can get some things done

1717
01:22:59,465 --> 01:23:01,945
by being a loud mouth, there are loads of good people.

1718
01:23:02,905 --> 01:23:04,825
But I think things are improving.

1719
01:23:04,825 --> 01:23:06,985
I went into town on the Sunday and it was different.

1720
01:23:08,105 --> 01:23:09,945
This is the day after one of my security days.

1721
01:23:10,425 --> 01:23:12,105
It was bustling. There were people everywhere.

1722
01:23:12,105 --> 01:23:15,785
And I've got this kind of concept that I talk about called consciously local,

1723
01:23:15,785 --> 01:23:16,345
whereby...

1724
01:23:16,345 --> 01:23:17,545
I love this, by the way.

1725
01:23:17,545 --> 01:23:19,385
You make an effort to go into town and spend money once a week.

1726
01:23:19,385 --> 01:23:22,785
If everyone in the town spent £10 a week, that's £50 million a year into the local economy.

1727
01:23:23,425 --> 01:23:25,485
Our high street will become a market town.

1728
01:23:28,665 --> 01:23:30,605
But consciously local goes further than that.

1729
01:23:31,385 --> 01:23:34,325
We, as a business, are we buying all our services locally?

1730
01:23:34,425 --> 01:23:37,045
Are we using a local accountant rather than a London accountant?

1731
01:23:37,105 --> 01:23:38,045
And again, that's important.

1732
01:23:38,445 --> 01:23:42,245
Because if we fund the local accountant, they've got more money, they can create more jobs,

1733
01:23:42,325 --> 01:23:44,105
and they spend money in the coffee shops and the restaurants.

1734
01:23:45,065 --> 01:23:48,945
Is the council, whenever the council buys anything and their budget's £170 million,

1735
01:23:49,385 --> 01:23:52,785
How much of that is being spent in other towns, other counties,

1736
01:23:53,265 --> 01:23:54,405
when it could be spent in Bedford?

1737
01:23:54,505 --> 01:23:56,905
Are there services that are outsourced into other towns

1738
01:23:56,905 --> 01:23:57,925
that could be put into Bedford?

1739
01:23:58,605 --> 01:24:02,685
And when you're on Deliveroo, are you buying from Domino's

1740
01:24:02,685 --> 01:24:04,625
or are you buying from Aetna?

1741
01:24:04,805 --> 01:24:07,305
Are you buying from Wagamamas or Rice Thai?

1742
01:24:08,045 --> 01:24:11,865
Are you buying your coffee from Coffee with Art or Rail Coffee

1743
01:24:11,865 --> 01:24:12,805
or are you buying from Starbucks?

1744
01:24:13,325 --> 01:24:15,565
Are you leaking money into shareholders' pockets

1745
01:24:15,565 --> 01:24:18,085
or are you sending it to a mum who wants to buy ballet lessons?

1746
01:24:18,085 --> 01:24:24,105
and if everybody is consciously local and i say the reason i say consciously local it gives me

1747
01:24:24,105 --> 01:24:28,665
reasons to say to people over and over again have you been into the town stop don't sit there and go

1748
01:24:28,665 --> 01:24:32,585
i want the town to be better the town's not working and not not contribute because you're

1749
01:24:32,585 --> 01:24:36,545
part of the problem stop waiting for other people to fix it go fucking fix it yourself

1750
01:24:36,545 --> 01:24:40,445
if you guys if you go mooch around the shops today and you spend 50 pound in the shops and

1751
01:24:40,445 --> 01:24:44,125
then put yourself into the restaurant you've put 100 pound in the local economy which will

1752
01:24:44,125 --> 01:24:49,045
circulate four times, but it's got to, I always say consciously local, because you've got to wake

1753
01:24:49,045 --> 01:24:52,665
up on a Saturday morning and go, I'm going into town, and I wasn't going to, and I'm going to phone

1754
01:24:52,665 --> 01:24:56,265
three friends, and we're going to meet for lunch, and then we're going to wander the shops, and if

1755
01:24:56,265 --> 01:25:00,625
they do that, I'll open the second business, and the third business, and so on, and we're also, I

1756
01:25:00,625 --> 01:25:05,365
mean, this, we're probably going to take a new lease tomorrow on a place that we're going to put

1757
01:25:05,365 --> 01:25:11,245
in a pizza place, and we're going to look into how we make it more like John Lewis, so if you're

1758
01:25:11,245 --> 01:25:15,925
local and you work in the business, you get shares, you get a share of the profit. Because

1759
01:25:15,925 --> 01:25:19,445
what I think will happen with that is if you've got an 18 year old in there, got a share of the

1760
01:25:19,445 --> 01:25:23,245
profit, their parents are going to come there. And when they're going to work harder, they're

1761
01:25:23,245 --> 01:25:26,085
incentivized to work harder. And they're going to work harder. And when you order online,

1762
01:25:26,145 --> 01:25:29,785
you maybe will order from there. And it's like, how many of these businesses can we build in the

1763
01:25:29,785 --> 01:25:37,845
town? My view is that if enough people say, I agree, we can make better better. And I'm going

1764
01:25:37,845 --> 01:25:41,745
to put more money in and I'm going to support local programs. We will turn the town around

1765
01:25:41,745 --> 01:25:46,045
and I won't have to provide the private security because I have the argument to go to the police

1766
01:25:46,045 --> 01:25:51,285
and council and say, I've proved it works. You fucking do it. You pay for it. And there'll be

1767
01:25:51,285 --> 01:25:57,985
enough revenue coming in to support that. But it's almost like, it's like the town's on life

1768
01:25:57,985 --> 01:26:03,705
support and you, you know, you've got the, what's it called? The defibrillator. The defibrillator

1769
01:26:03,705 --> 01:26:04,625
and we're getting it going again.

1770
01:26:04,865 --> 01:26:05,885
And once it's going again,

1771
01:26:06,845 --> 01:26:08,825
hopefully I won't have to do it more.

1772
01:26:08,845 --> 01:26:10,025
But look, I could be wrong.

1773
01:26:10,225 --> 01:26:11,545
It could all go to shit and we could be fine.

1774
01:26:11,585 --> 01:26:13,245
Like, I could do a great job

1775
01:26:13,245 --> 01:26:15,045
and central government's so bad

1776
01:26:15,045 --> 01:26:17,725
that the statutory demands on the local council is so hard

1777
01:26:17,725 --> 01:26:19,605
that we can't do anything about this.

1778
01:26:19,685 --> 01:26:21,965
But I've got a feeling, my gut instinct is that

1779
01:26:21,965 --> 01:26:25,605
I am one of many in the UK who are sick of this,

1780
01:26:26,085 --> 01:26:28,565
who have different levels of resources to go and try things.

1781
01:26:28,925 --> 01:26:30,625
And if we can make Bedford work,

1782
01:26:30,685 --> 01:26:32,145
that can become a blueprint for other places

1783
01:26:32,145 --> 01:26:33,425
or other places will do something.

1784
01:26:33,425 --> 01:26:35,105
and they'll become a blueprint for us.

1785
01:26:35,245 --> 01:26:40,405
And we will collectively and civically restore our towns and our country.

1786
01:26:40,645 --> 01:26:41,745
And that's it.

1787
01:26:41,865 --> 01:26:42,645
That's my plan.

1788
01:26:42,845 --> 01:26:44,825
And if it doesn't work, you've tried.

1789
01:26:45,105 --> 01:26:47,265
Like you've done more than everyone who's just complaining online

1790
01:26:47,265 --> 01:26:48,045
about the state of the UK.

1791
01:26:48,165 --> 01:26:49,285
You're making meaningful difference.

1792
01:26:49,465 --> 01:26:51,965
And again, I go back, this is what we were meant to do as Bitcoiners.

1793
01:26:51,965 --> 01:26:53,685
We were meant to fucking do this.

1794
01:26:54,185 --> 01:26:57,545
And I'm, look, free choice.

1795
01:26:58,365 --> 01:27:00,185
If you've bought a bunch of Bitcoin, made a bunch of money,

1796
01:27:00,185 --> 01:27:02,065
and you want to go and become Mountain Man

1797
01:27:02,065 --> 01:27:05,205
or go to the Cayman Islands and Barbados

1798
01:27:05,205 --> 01:27:06,565
and sip and drink cocktails.

1799
01:27:06,725 --> 01:27:07,045
I get it.

1800
01:27:07,065 --> 01:27:08,305
It's tempting for me, right?

1801
01:27:08,885 --> 01:27:10,925
Like what we're doing now is not as fun

1802
01:27:10,925 --> 01:27:12,005
as what you and I used to do.

1803
01:27:12,405 --> 01:27:13,965
This is hard work.

1804
01:27:14,045 --> 01:27:15,265
We wake up every day.

1805
01:27:15,465 --> 01:27:16,805
Me and Connor work our balls off

1806
01:27:16,805 --> 01:27:17,965
to just try and make it better.

1807
01:27:19,165 --> 01:27:20,285
But if not us, who?

1808
01:27:21,425 --> 01:27:22,385
Like if not us, who?

1809
01:27:22,485 --> 01:27:25,945
And this is what I thought we would see

1810
01:27:25,945 --> 01:27:27,225
loads of Bitcoiners doing.

1811
01:27:27,525 --> 01:27:29,465
Getting up and going, fuck me, I've made.

1812
01:27:30,185 --> 01:27:32,065
I mean, there's people who've probably made tens of millions.

1813
01:27:33,245 --> 01:27:35,285
And I thought we were meant to go out there and do this.

1814
01:27:35,365 --> 01:27:36,245
We've seen the problems.

1815
01:27:36,365 --> 01:27:36,965
We got lucky.

1816
01:27:37,185 --> 01:27:38,065
We made a bunch of money.

1817
01:27:38,465 --> 01:27:40,125
Let's go and invest that and make it work.

1818
01:27:40,205 --> 01:27:42,765
I would love one of the super rich Bitcoiners go,

1819
01:27:42,845 --> 01:27:44,445
Pete, what do you need to fix your town?

1820
01:27:44,545 --> 01:27:45,625
I'll be like, give me 50 million.

1821
01:27:45,925 --> 01:27:48,165
And I can literally change Bedford to the extent

1822
01:27:48,165 --> 01:27:49,585
where it becomes a blueprint for the country.

1823
01:27:50,285 --> 01:27:52,305
I know all the anchor businesses to create.

1824
01:27:52,305 --> 01:27:53,805
I know how to set them up.

1825
01:27:53,925 --> 01:27:55,485
I know how to sort out the security.

1826
01:27:55,885 --> 01:27:57,065
I know how to sort out the investment.

1827
01:27:57,065 --> 01:28:02,125
and for 50 million, I can make Bedford the blueprint for the entirety of the UK.

1828
01:28:02,765 --> 01:28:07,465
If I could, say, reform would win the next election,

1829
01:28:07,585 --> 01:28:11,505
I'd sit Nigel Farage down and say, give Bedford autonomy,

1830
01:28:11,765 --> 01:28:14,445
give the mayor autonomy on tax and spend,

1831
01:28:15,105 --> 01:28:18,445
and I will prove to you how we create a blueprint for the rest of the country.

1832
01:28:18,785 --> 01:28:20,605
Because I don't think it's hard, right?

1833
01:28:20,685 --> 01:28:21,985
It's really fucking easy, Danny.

1834
01:28:21,985 --> 01:28:30,685
It's tax people less, put more money in their pocket, make it easier to invest and create businesses.

1835
01:28:30,945 --> 01:28:40,385
You will have more people working, less people reliant upon the state, and you will be able to use those increasing tax revenues to fix the social issues that exist.

1836
01:28:40,785 --> 01:28:47,805
And those social issues that exist, which are a cost to the society at the moment, which means when you go into a Tesco, you're paying high prices to cover the theft.

1837
01:28:47,805 --> 01:28:49,105
that doesn't exist anymore.

1838
01:28:49,185 --> 01:28:50,525
That market distortion is gone

1839
01:28:50,525 --> 01:28:53,545
and that money is going into creating wealth and opportunity.

1840
01:28:54,065 --> 01:28:56,105
To me, it's so obvious and easy.

1841
01:28:56,545 --> 01:28:58,725
It's, and I think I'm right.

1842
01:28:59,325 --> 01:29:00,125
I think you're right.

1843
01:29:00,245 --> 01:29:02,725
I mean, it almost feels like the perfect place to end,

1844
01:29:03,245 --> 01:29:06,365
but when Mayor Pete to McCormack?

1845
01:29:06,405 --> 01:29:06,785
No, never.

1846
01:29:06,985 --> 01:29:07,765
I don't want to do it.

1847
01:29:08,505 --> 01:29:09,425
We should talk about football as well.

1848
01:29:09,885 --> 01:29:10,825
We should talk about football.

1849
01:29:11,125 --> 01:29:12,445
I'm going to pay my debts to you

1850
01:29:12,445 --> 01:29:16,385
and this can be my donation to Bedford.

1851
01:29:16,485 --> 01:29:17,285
I haven't written down the news.

1852
01:29:17,805 --> 01:29:19,185
It's not a donation to me.

1853
01:29:19,225 --> 01:29:20,265
I'm going to spend this on crack.

1854
01:29:22,025 --> 01:29:22,945
Where will we at?

1855
01:29:23,085 --> 01:29:24,285
I think it's 400k sats.

1856
01:29:24,785 --> 01:29:25,765
Yeah, 400k sats.

1857
01:29:26,245 --> 01:29:27,385
Okay, let me do this one sec.

1858
01:29:28,485 --> 01:29:30,045
It's very fucking cool what you're doing.

1859
01:29:30,145 --> 01:29:30,865
Let me ask you something.

1860
01:29:31,065 --> 01:29:35,665
So based on your knowledge of the UK and your friendship circle here

1861
01:29:35,665 --> 01:29:39,985
and the people you know, what are people telling you?

1862
01:29:40,725 --> 01:29:43,025
Like, is it hard out there for people?

1863
01:29:43,025 --> 01:29:43,665
For sure.

1864
01:29:43,665 --> 01:29:46,925
I think people are feeling the pinch

1865
01:29:46,925 --> 01:29:48,605
in a massive way, cost of living

1866
01:29:48,605 --> 01:29:50,765
but a lot of the people I speak to

1867
01:29:50,765 --> 01:29:52,325
are kind of like NPCs in this

1868
01:29:52,325 --> 01:29:54,825
like I think there's a lot of

1869
01:29:54,825 --> 01:29:57,305
just this is the way it is now

1870
01:29:57,305 --> 01:29:58,385
get on with life

1871
01:29:58,385 --> 01:30:00,905
everything's fine, I do think that's true

1872
01:30:00,905 --> 01:30:03,165
so I don't know if they're the best example

1873
01:30:03,165 --> 01:30:05,085
I don't know very many people

1874
01:30:05,085 --> 01:30:07,325
that think the way that Bitcoiners do in the UK

1875
01:30:07,325 --> 01:30:09,225
yeah and look, there is a potential

1876
01:30:09,225 --> 01:30:10,445
I mean Connor talked about this

1877
01:30:10,445 --> 01:30:12,485
to me, and that

1878
01:30:12,485 --> 01:30:15,405
because we're in this, we maybe see it worse than it is.

1879
01:30:15,565 --> 01:30:16,605
I think that's true as well.

1880
01:30:16,705 --> 01:30:17,765
I'm not sure it is.

1881
01:30:18,505 --> 01:30:19,465
I think it's the opposite.

1882
01:30:19,765 --> 01:30:22,045
I think it's because we're in this, we see how bad it is.

1883
01:30:22,605 --> 01:30:24,885
I think a lot of people don't realize how bad it is.

1884
01:30:25,225 --> 01:30:26,485
But that's what I meant when I said,

1885
01:30:26,545 --> 01:30:28,305
like, when I walked down the street here today in London,

1886
01:30:28,405 --> 01:30:29,545
like, I mean, it's a nice day,

1887
01:30:29,645 --> 01:30:30,685
and a nice day in London is nice

1888
01:30:30,685 --> 01:30:31,885
because everyone's outside enjoying themselves.

1889
01:30:31,885 --> 01:30:35,225
But things don't seem as bad as they do on Twitter.

1890
01:30:35,685 --> 01:30:37,165
But if you were walking down here,

1891
01:30:37,925 --> 01:30:39,045
and you're on your phone,

1892
01:30:39,185 --> 01:30:41,185
and someone went past on an e-bike and snatched it,

1893
01:30:41,185 --> 01:30:43,745
your entire view would change in that moment.

1894
01:30:43,925 --> 01:30:44,665
Oh, of course.

1895
01:30:44,885 --> 01:30:45,585
One incident.

1896
01:30:45,785 --> 01:30:48,205
And the other thing is, like, I'm not wearing my watch

1897
01:30:48,205 --> 01:30:49,565
because I'm in London.

1898
01:30:49,725 --> 01:30:51,045
Well, it's the survey of one problem.

1899
01:30:51,625 --> 01:30:52,965
Like, I've got this in Bedford, people going,

1900
01:30:53,065 --> 01:30:55,065
well, I work into town and I don't feel unsafe

1901
01:30:55,065 --> 01:30:56,005
when somebody begs for me.

1902
01:30:56,045 --> 01:30:57,125
I'm like, you're a survey of one.

1903
01:30:57,565 --> 01:30:58,045
That's true.

1904
01:30:58,165 --> 01:30:59,705
For everybody who says that,

1905
01:30:59,825 --> 01:31:02,645
I can find you an example of somebody who says,

1906
01:31:02,705 --> 01:31:04,285
I've got this woman, she messaged me the other day.

1907
01:31:04,345 --> 01:31:06,065
She said, we're a cash business.

1908
01:31:07,165 --> 01:31:09,245
Locking up is a scary time for us.

1909
01:31:09,325 --> 01:31:10,845
We feel good that you're security in town.

1910
01:31:11,185 --> 01:31:13,065
That's a different survey of one.

1911
01:31:13,065 --> 01:31:15,825
But the survey of one who has a lived experience,

1912
01:31:15,825 --> 01:31:17,225
which is negative and scary,

1913
01:31:17,225 --> 01:31:20,145
is more important than the survey of one who's had no experience.

1914
01:31:20,145 --> 01:31:21,665
That's definitely true.

1915
01:31:21,665 --> 01:31:24,265
And then at the same time, I don't have a very good perspective on it,

1916
01:31:24,265 --> 01:31:28,425
because compared to, this isn't me being big and myself up,

1917
01:31:28,425 --> 01:31:31,665
but I have quite a privileged life where my family live here,

1918
01:31:31,665 --> 01:31:34,025
and I don't go to the places that are really struggling.

1919
01:31:34,025 --> 01:31:36,185
Well, Connor, if you said to me, Dad, I'm going to town,

1920
01:31:36,185 --> 01:31:37,385
what do I say?

1921
01:31:37,385 --> 01:31:40,825
If Scarlett says she's going to town, what do we say?

1922
01:31:40,825 --> 01:31:41,825
We're not happy about it.

1923
01:31:41,825 --> 01:31:42,825
Conor's six foot three.

1924
01:31:42,825 --> 01:31:47,405
You take two or three people to take him down.

1925
01:31:47,405 --> 01:31:50,565
The daughter's a different scenario and they face different risks.

1926
01:31:50,565 --> 01:31:51,565
And that's a problem.

1927
01:31:51,565 --> 01:31:54,145
But yeah, by the way, back to mayor no, absolutely not doing it.

1928
01:31:54,145 --> 01:31:55,645
He can't do a good job.

1929
01:31:55,645 --> 01:32:01,145
I can be more effective as an unelected pseudo mayor just getting shit done.

1930
01:32:01,145 --> 01:32:03,585
I can say what I want.

1931
01:32:03,585 --> 01:32:04,985
I don't have to worry about party politics.

1932
01:32:05,055 --> 01:32:09,815
I haven't got to manage an unmanageable budget with endless statutory demands from central government

1933
01:32:09,815 --> 01:32:15,335
on all kinds of shit that we can't afford. It's an impossible job to do. I don't want the job.

1934
01:32:15,495 --> 01:32:17,515
Everyone who says I'm trying to become mayor, I do not want the job.

1935
01:32:17,655 --> 01:32:19,975
Well, I think everyone thinks you're going to be mayor because you said you were going to be mayor.

1936
01:32:20,115 --> 01:32:20,275
Yeah.

1937
01:32:20,435 --> 01:32:21,835
You've been blackpilled on the mayor idea.

1938
01:32:22,915 --> 01:32:27,515
I went down the rabbit hole of the budget, the statutory demands, and then spent time with the mayor.

1939
01:32:28,015 --> 01:32:32,155
I mean, look, if I thought I could go in and be an effective mayor, it's like, can I be more

1940
01:32:32,155 --> 01:32:35,835
effective as mayor or just as Pete as a resident doing what I'm doing now. I can be way more

1941
01:32:35,835 --> 01:32:40,275
effective doing what I'm doing now with no pressures of being a mayor. So why become a

1942
01:32:40,275 --> 01:32:46,595
mayor? I don't need to be mayor. My ego doesn't say, oh, I need to wear the robe and the chains.

1943
01:32:46,655 --> 01:32:48,715
I don't give a fuck about that. You look good in the robe and the chains.

1944
01:32:51,035 --> 01:32:54,435
But we should talk about football. Yeah. Well, just let me finish on that mayor.

1945
01:32:54,435 --> 01:32:57,955
Oh, yeah. Go on. Is that I actually think the end goal is what's the important thing? The end

1946
01:32:57,955 --> 01:33:02,755
goal is making Bedford better. I can do that more effectively, not as Mare. Fair. And I don't want

1947
01:33:02,755 --> 01:33:07,515
to be an MP. So there's no office for me to take. I'm not interested in office. You're just going to

1948
01:33:07,515 --> 01:33:13,015
be the change you want to see in the world. Love it, man. Real Bedford played their first game on

1949
01:33:13,015 --> 01:33:20,055
Saturday. Yes. Against a good side. Yes. Yeah. This is an interesting season for us. It feels

1950
01:33:20,055 --> 01:33:25,255
different. It's the first division we've gone into where it feels like there's actually big

1951
01:33:25,255 --> 01:33:27,495
clubs. It's the first

1952
01:33:27,495 --> 01:33:29,415
where we definitely don't have the biggest

1953
01:33:29,415 --> 01:33:31,155
budget. I don't think we had the biggest budget last year,

1954
01:33:31,295 --> 01:33:33,395
but we definitely don't. There's a couple of teams,

1955
01:33:33,515 --> 01:33:35,595
Harbour and Sporting, are definitely spending more than us.

1956
01:33:36,855 --> 01:33:37,395
Teams are

1957
01:33:37,395 --> 01:33:38,255
experienced at this level.

1958
01:33:39,255 --> 01:33:41,475
It's semi-pro to the level where some of the players

1959
01:33:41,475 --> 01:33:42,655
will have played pro

1960
01:33:42,655 --> 01:33:45,315
and will be getting paid very well.

1961
01:33:45,575 --> 01:33:46,355
What is very well?

1962
01:33:46,975 --> 01:33:49,195
I mean, if you're getting over £1,000

1963
01:33:49,195 --> 01:33:51,155
a week in step three, you're a very,

1964
01:33:51,155 --> 01:33:53,315
very well-paid player. That exists

1965
01:33:53,315 --> 01:33:54,175
in this division.

1966
01:33:55,255 --> 01:33:59,295
We were first game of the season, Spalding, who were originally second favorites.

1967
01:33:59,375 --> 01:34:00,655
I think we're second favorites now.

1968
01:34:01,935 --> 01:34:03,315
I mean, it was just different.

1969
01:34:03,455 --> 01:34:04,875
It was a different level of football.

1970
01:34:05,735 --> 01:34:08,715
Good, good players, tough players.

1971
01:34:08,855 --> 01:34:09,715
They knew what they were doing.

1972
01:34:09,815 --> 01:34:10,235
We won.

1973
01:34:11,095 --> 01:34:12,975
Back against the wall most of the first half.

1974
01:34:13,175 --> 01:34:14,715
Managed to equalize just before halftime.

1975
01:34:14,835 --> 01:34:17,475
And then Joey stepped up, got his brace second half.

1976
01:34:17,535 --> 01:34:17,875
We won.

1977
01:34:18,195 --> 01:34:20,755
But it reminded us a lot of the first season of step five.

1978
01:34:20,835 --> 01:34:23,035
We played this team, MK Irish, who were the better sign, and we won.

1979
01:34:23,035 --> 01:34:24,395
we grew into the league

1980
01:34:24,395 --> 01:34:25,555
and then dominated the league

1981
01:34:25,555 --> 01:34:27,455
I don't know if the same

1982
01:34:27,455 --> 01:34:28,115
will be this season

1983
01:34:28,115 --> 01:34:29,275
we will give a good

1984
01:34:29,275 --> 01:34:30,735
count of ourselves

1985
01:34:30,735 --> 01:34:32,195
and

1986
01:34:32,195 --> 01:34:34,155
playoffs would be

1987
01:34:34,155 --> 01:34:35,015
a hell of an achievement

1988
01:34:35,015 --> 01:34:37,175
winning it would be

1989
01:34:37,175 --> 01:34:37,775
very tough

1990
01:34:37,775 --> 01:34:39,935
but if you do win it

1991
01:34:39,935 --> 01:34:40,715
you'll be the first team

1992
01:34:40,715 --> 01:34:41,495
to ever do four

1993
01:34:41,495 --> 01:34:42,115
back to back

1994
01:34:42,115 --> 01:34:42,375
yeah

1995
01:34:42,375 --> 01:34:43,415
it's only

1996
01:34:43,415 --> 01:34:45,715
only three teams

1997
01:34:45,715 --> 01:34:46,155
have ever done

1998
01:34:46,155 --> 01:34:47,375
three championships

1999
01:34:47,375 --> 01:34:48,515
in a row

2000
01:34:48,515 --> 01:34:49,275
no one's done four

2001
01:34:49,275 --> 01:34:50,755
I'd love to do it

2002
01:34:50,755 --> 01:34:54,935
and look I mean you were there when I came up with this idea

2003
01:34:54,935 --> 01:34:56,875
and I thought you were batshit crazy then

2004
01:34:56,875 --> 01:34:58,055
well no one got it

2005
01:34:58,055 --> 01:34:58,855
I didn't get it

2006
01:34:58,855 --> 01:34:59,855
no one understood it

2007
01:34:59,855 --> 01:35:01,315
I thought this was Pete blowing money

2008
01:35:01,315 --> 01:35:01,695
yeah

2009
01:35:01,695 --> 01:35:04,075
but I kind of like

2010
01:35:04,075 --> 01:35:08,135
it's like that first mover advantage

2011
01:35:08,135 --> 01:35:09,755
I don't know if you listened to my Balaji interview

2012
01:35:09,755 --> 01:35:11,755
he talks about when you leave a broken country

2013
01:35:11,755 --> 01:35:13,135
you've got the first mover advantage

2014
01:35:13,135 --> 01:35:15,815
I think that resonated with Conor a lot

2015
01:35:15,815 --> 01:35:17,215
it's like you get to move first

2016
01:35:17,215 --> 01:35:18,815
you get the lower house prices where you're going

2017
01:35:18,815 --> 01:35:19,815
you get away from the shit

2018
01:35:19,815 --> 01:35:24,795
whoever did the first Bitcoin team

2019
01:35:24,795 --> 01:35:26,235
created the Bitcoin team

2020
01:35:26,235 --> 01:35:27,315
there are other Bitcoin teams

2021
01:35:27,315 --> 01:35:27,935
we've tried it

2022
01:35:27,935 --> 01:35:29,255
and no one talks about them

2023
01:35:29,255 --> 01:35:31,275
Rail Bedford is the Bitcoin team

2024
01:35:31,275 --> 01:35:32,195
which means we have

2025
01:35:32,195 --> 01:35:33,515
the Bitcoiners as fans

2026
01:35:33,515 --> 01:35:35,155
and the companies as sponsors

2027
01:35:35,155 --> 01:35:36,695
and the Winklevoss as co-owners

2028
01:35:36,695 --> 01:35:38,975
and we use the power of Bitcoin

2029
01:35:38,975 --> 01:35:40,395
and the community of Bitcoin

2030
01:35:40,395 --> 01:35:42,875
and the principles of Bitcoin

2031
01:35:42,875 --> 01:35:45,255
to power a sports team

2032
01:35:45,255 --> 01:35:46,735
hopefully to go from the bottom

2033
01:35:46,735 --> 01:35:58,530
of the English pyramid to the top which is nine promotions Three years in we done three We a third of the way there which when you think about it it quite mad It insane If we did the same again in three years we be two thirds of the way there

2034
01:35:58,570 --> 01:35:59,230
I don't think we will.

2035
01:35:59,470 --> 01:36:01,290
I think these are going to be very hard.

2036
01:36:01,770 --> 01:36:04,830
But it's all doable and it's been fucking hell of a journey.

2037
01:36:04,970 --> 01:36:06,870
I mean, I'm actually in my fifth season.

2038
01:36:07,810 --> 01:36:09,930
Because you took over halfway through the first season.

2039
01:36:10,110 --> 01:36:12,430
Then we did the three promotions and now we start this one.

2040
01:36:12,510 --> 01:36:13,550
So actually my fifth season.

2041
01:36:13,630 --> 01:36:14,770
So it's gone super quick.

2042
01:36:15,450 --> 01:36:16,530
The funniest thing to me is,

2043
01:36:16,690 --> 01:36:18,530
and there's some kind of like imagery in this,

2044
01:36:18,610 --> 01:36:20,510
but the first time I came to a game,

2045
01:36:20,690 --> 01:36:22,210
so I watched some of the streams at first,

2046
01:36:22,290 --> 01:36:23,530
but I don't think I came to a game

2047
01:36:23,530 --> 01:36:24,610
until your second season.

2048
01:36:25,110 --> 01:36:25,330
Okay.

2049
01:36:25,730 --> 01:36:27,230
And it was like a rainy day.

2050
01:36:28,070 --> 01:36:29,110
Vibes were like pretty good,

2051
01:36:29,290 --> 01:36:30,210
but there was maybe,

2052
01:36:31,030 --> 01:36:32,050
if there were 50 people there,

2053
01:36:32,090 --> 01:36:32,790
that would have been a push.

2054
01:36:33,050 --> 01:36:34,610
No, that would have been the first half of the season

2055
01:36:34,610 --> 01:36:34,990
we had them.

2056
01:36:35,470 --> 01:36:35,830
Oh, really?

2057
01:36:36,110 --> 01:36:38,970
Yeah, because we used to get 40, 50 around that time.

2058
01:36:38,970 --> 01:36:40,170
Maybe it was the first season.

2059
01:36:40,290 --> 01:36:41,690
The first full season we used to,

2060
01:36:41,810 --> 01:36:42,410
you must have been,

2061
01:36:42,450 --> 01:36:43,150
because you must have been to England.

2062
01:36:43,230 --> 01:36:43,450
Yeah.

2063
01:36:43,450 --> 01:36:44,990
the first full season

2064
01:36:44,990 --> 01:36:45,710
we used to get 180

2065
01:36:45,710 --> 01:36:46,830
unless it was a Tuesday night

2066
01:36:46,830 --> 01:36:47,530
we had the occasional

2067
01:36:47,530 --> 01:36:48,050
Tuesday night

2068
01:36:48,050 --> 01:36:48,810
we would have like 80

2069
01:36:48,810 --> 01:36:49,830
but it's like

2070
01:36:49,830 --> 01:36:50,490
it was so funny

2071
01:36:50,490 --> 01:36:51,570
seeing it go from that

2072
01:36:51,570 --> 01:36:52,250
to then what it was

2073
01:36:52,250 --> 01:36:52,630
at Chico

2074
01:36:52,630 --> 01:36:53,370
which was the last time

2075
01:36:53,370 --> 01:36:54,010
I saw a game here

2076
01:36:54,010 --> 01:36:54,230
1400

2077
01:36:54,230 --> 01:36:55,490
1400 people

2078
01:36:55,490 --> 01:36:56,390
sun was shining

2079
01:36:56,390 --> 01:36:57,370
vibes were high

2080
01:36:57,370 --> 01:36:57,730
yeah

2081
01:36:57,730 --> 01:36:58,870
Bedford won the league

2082
01:36:58,870 --> 01:37:00,230
and it felt different

2083
01:37:00,230 --> 01:37:01,370
once you get

2084
01:37:01,370 --> 01:37:02,090
a thousand people

2085
01:37:02,090 --> 01:37:02,730
once there's people

2086
01:37:02,730 --> 01:37:03,670
on every side

2087
01:37:03,670 --> 01:37:04,450
and it's full up

2088
01:37:04,450 --> 01:37:06,010
it feels like

2089
01:37:06,010 --> 01:37:07,630
you're at a football club

2090
01:37:07,630 --> 01:37:09,730
a real active football club

2091
01:37:09,730 --> 01:37:10,290
you are

2092
01:37:10,290 --> 01:37:11,150
and there's music

2093
01:37:11,150 --> 01:37:11,790
there's music

2094
01:37:11,790 --> 01:37:12,310
but it's

2095
01:37:12,310 --> 01:37:14,790
when you can hear a crowd, it feels different.

2096
01:37:15,670 --> 01:37:17,510
I love the little ultras you've got

2097
01:37:17,510 --> 01:37:19,230
that stand behind the goal banging the drum.

2098
01:37:19,450 --> 01:37:19,930
They're brilliant.

2099
01:37:20,210 --> 01:37:21,530
We wanted to put masks on them.

2100
01:37:22,610 --> 01:37:23,730
The powers that be said no.

2101
01:37:24,410 --> 01:37:25,270
Who said no?

2102
01:37:25,530 --> 01:37:25,930
Neil.

2103
01:37:27,190 --> 01:37:27,870
Rightly so.

2104
01:37:27,990 --> 01:37:29,870
Look, it's an intimidating atmosphere.

2105
01:37:30,050 --> 01:37:31,150
We still want to do it.

2106
01:37:31,470 --> 01:37:34,110
But yeah, look, we're building a thing

2107
01:37:34,110 --> 01:37:36,510
and I think it's a real Bitcoin project.

2108
01:37:36,990 --> 01:37:38,870
There are, like PubKey,

2109
01:37:40,030 --> 01:37:41,610
I think the best Bitcoin businesses

2110
01:37:41,610 --> 01:37:43,710
are the ones that work without Bitcoin,

2111
01:37:43,770 --> 01:37:45,030
and Bitcoin becomes an accelerant.

2112
01:37:45,350 --> 01:37:46,810
In that, if Bitcoin fails,

2113
01:37:47,030 --> 01:37:48,790
or it has a bear market, whatever,

2114
01:37:48,910 --> 01:37:50,530
the business still operates and does its thing.

2115
01:37:51,230 --> 01:37:53,510
But for us, it's an accelerant.

2116
01:37:53,710 --> 01:37:54,950
If you don't like Bitcoin,

2117
01:37:55,030 --> 01:37:55,890
you come to Rail Bedford,

2118
01:37:56,350 --> 01:37:57,510
you can pay to get in,

2119
01:37:57,570 --> 01:37:58,390
you can have a burger, a pint,

2120
01:37:58,430 --> 01:37:59,350
watch a game of football, and leave.

2121
01:37:59,570 --> 01:38:00,490
But if you're a Bitcoiner,

2122
01:38:00,890 --> 01:38:02,170
you get to talk to Bitcoiners,

2123
01:38:02,290 --> 01:38:03,030
I talk to you,

2124
01:38:03,070 --> 01:38:04,330
and you get to pay for everything with your Bitcoin.

2125
01:38:04,810 --> 01:38:06,230
And you accelerate what we're doing

2126
01:38:06,230 --> 01:38:07,490
because we have Bitcoin.

2127
01:38:08,090 --> 01:38:09,570
And all the Bitcoin we have,

2128
01:38:10,030 --> 01:38:10,930
we've always sold...

2129
01:38:10,930 --> 01:38:12,610
When we sold Bitcoin, it's always into profit.

2130
01:38:13,090 --> 01:38:15,310
When we raised the money from the Winklevoss,

2131
01:38:16,250 --> 01:38:18,430
I think Bitcoin was about 70k.

2132
01:38:18,530 --> 01:38:19,610
It's like 110k now.

2133
01:38:19,710 --> 01:38:20,710
I mean, that investment is what?

2134
01:38:20,770 --> 01:38:22,170
Was that 40%, 50% up?

2135
01:38:22,590 --> 01:38:23,070
60?

2136
01:38:23,270 --> 01:38:24,670
I'm not doing maths live.

2137
01:38:24,830 --> 01:38:27,050
I mean, it's going up faster than we can spend it,

2138
01:38:27,050 --> 01:38:32,190
which is the model for how we got through the lease quicker

2139
01:38:32,190 --> 01:38:33,550
with a lower investment.

2140
01:38:33,930 --> 01:38:34,930
And so, yeah, look, it's worked.

2141
01:38:35,070 --> 01:38:36,050
It's been...

2142
01:38:36,050 --> 01:38:36,930
God, I love it.

2143
01:38:37,350 --> 01:38:39,610
I love it so much.

2144
01:38:39,610 --> 01:38:42,610
Tomorrow night, we are off to Needham Market, away game.

2145
01:38:44,430 --> 01:38:47,190
Is it the thing you're most excited for now in your life, game day?

2146
01:38:48,530 --> 01:38:49,590
That's a good question.

2147
01:38:52,110 --> 01:38:53,850
I mean, kind of.

2148
01:38:54,310 --> 01:38:55,970
Yes, I love match day.

2149
01:38:57,210 --> 01:38:58,770
I love getting in the car with Connor,

2150
01:38:58,850 --> 01:39:00,570
unless I'm talking on the way or on the way back.

2151
01:39:01,570 --> 01:39:02,910
But is it the most exciting thing?

2152
01:39:03,110 --> 01:39:03,930
No, it's not.

2153
01:39:04,050 --> 01:39:07,010
I am excited about retirement.

2154
01:39:08,090 --> 01:39:08,910
Don't go yet.

2155
01:39:08,910 --> 01:39:10,130
No, I just...

2156
01:39:10,130 --> 01:39:10,790
We need a few more years of Pete.

2157
01:39:10,890 --> 01:39:14,470
I'm really starting to enjoy the occasional time I have off.

2158
01:39:14,530 --> 01:39:15,630
Like, we're going on holiday on Wednesday,

2159
01:39:16,790 --> 01:39:18,410
and we've rented a villa,

2160
01:39:18,690 --> 01:39:20,810
and just going to be there with the family and relax,

2161
01:39:20,870 --> 01:39:22,390
and I'm really looking forward to that.

2162
01:39:22,650 --> 01:39:23,530
Although, Connor, I have been looking

2163
01:39:23,530 --> 01:39:24,970
at how we can fly to the Hell's Own game.

2164
01:39:26,350 --> 01:39:28,690
Can we get a flight on Saturday morning,

2165
01:39:29,010 --> 01:39:30,270
a flight back Saturday night?

2166
01:39:30,490 --> 01:39:31,010
Private Jack.

2167
01:39:32,210 --> 01:39:33,350
Cameron, Tyler, can I know you?

2168
01:39:33,750 --> 01:39:45,165
Yeah no I mean I just love it it because it a results business not a profit business You trying to be successful and not lose money And that a fucking challenge

2169
01:39:45,885 --> 01:39:47,645
But you are, it's like so real.

2170
01:39:48,825 --> 01:39:51,685
Building a podcast is interesting, but they're just numbers on a screen.

2171
01:39:52,505 --> 01:39:54,885
Building a business where people turn up.

2172
01:39:55,065 --> 01:39:55,645
It feels tangible.

2173
01:39:55,805 --> 01:39:56,425
It feels real.

2174
01:39:56,505 --> 01:39:58,965
And it feels like something the community can get behind.

2175
01:39:59,085 --> 01:39:59,665
No, I love it.

2176
01:40:00,105 --> 01:40:04,165
I really wanted us to make a bet on the podcast for old time's sake.

2177
01:40:04,165 --> 01:40:06,605
but we did them all on the show that we never recorded.

2178
01:40:06,825 --> 01:40:07,805
What did we bet? I can't remember.

2179
01:40:07,905 --> 01:40:10,445
You write them down. I never have a copy. I just trust you.

2180
01:40:10,565 --> 01:40:11,985
I don't think I wrote them down this time.

2181
01:40:12,065 --> 01:40:12,805
Okay, so we can do them again.

2182
01:40:13,125 --> 01:40:14,965
All right, so we're settled.

2183
01:40:15,205 --> 01:40:16,645
So the current position is...

2184
01:40:16,645 --> 01:40:17,085
Zero.

2185
01:40:17,205 --> 01:40:17,445
Even.

2186
01:40:17,605 --> 01:40:18,185
Back to even.

2187
01:40:18,425 --> 01:40:19,205
Right, new bets.

2188
01:40:19,205 --> 01:40:21,125
This is deposit only for me when we bet.

2189
01:40:21,785 --> 01:40:23,445
I've made so much money bet on Bitcoin.

2190
01:40:24,125 --> 01:40:24,985
Yeah, you really have.

2191
01:40:25,565 --> 01:40:27,705
I've made a Bitcoin off American HODL

2192
01:40:27,705 --> 01:40:29,465
and we've got a live Bitcoin bet.

2193
01:40:32,005 --> 01:40:33,645
700K by...

2194
01:40:33,645 --> 01:40:34,765
End of 27?

2195
01:40:35,245 --> 01:40:36,245
Yeah, I think we're going to win that.

2196
01:40:36,745 --> 01:40:37,425
I don't know.

2197
01:40:38,245 --> 01:40:39,725
Right, United, how many points?

2198
01:40:40,525 --> 01:40:41,465
What was last season?

2199
01:40:41,645 --> 01:40:41,985
17.

2200
01:40:42,745 --> 01:40:43,225
No, no, no.

2201
01:40:43,245 --> 01:40:44,645
What was the actual difference last season?

2202
01:40:45,785 --> 01:40:46,265
38.

2203
01:40:47,365 --> 01:40:48,165
No, 38.

2204
01:40:48,505 --> 01:40:50,825
No, because we double quit to 34 and it was 38.

2205
01:40:51,225 --> 01:40:51,525
Okay.

2206
01:40:51,905 --> 01:40:52,845
Are you sure it was that close?

2207
01:40:53,905 --> 01:40:55,725
I don't think 38 points is that close.

2208
01:40:55,745 --> 01:40:57,525
I want, no, I mean, yeah, true.

2209
01:40:57,865 --> 01:40:59,585
I want United top half of the season.

2210
01:40:59,845 --> 01:41:01,165
Okay, United top half.

2211
01:41:03,645 --> 01:41:05,305
I'll take that 100k sets.

2212
01:41:05,425 --> 01:41:05,645
Yeah.

2213
01:41:07,465 --> 01:41:08,785
United not to get relegated.

2214
01:41:08,865 --> 01:41:10,225
I'm taking that one just for the beams.

2215
01:41:11,605 --> 01:41:12,965
And then you come up with a points one.

2216
01:41:15,185 --> 01:41:17,445
It was 42 last season, 42 point difference.

2217
01:41:18,385 --> 01:41:20,885
I don't think you're going to have a good season,

2218
01:41:21,025 --> 01:41:23,145
but I don't think it's going to be as big a disaster.

2219
01:41:23,405 --> 01:41:23,925
No, it's not.

2220
01:41:24,485 --> 01:41:26,725
But I want it to be one that's close.

2221
01:41:26,805 --> 01:41:28,425
I think 20 points is a good one.

2222
01:41:29,965 --> 01:41:31,285
I mean, because you gave me the relegated,

2223
01:41:31,285 --> 01:41:32,685
I'll give it to you, but I think I'm going to lose that one.

2224
01:41:32,685 --> 01:41:34,025
20 points

2225
01:41:34,025 --> 01:41:35,265
can we

2226
01:41:35,265 --> 01:41:36,625
talk about

2227
01:41:36,625 --> 01:41:37,765
my favourite bet

2228
01:41:37,765 --> 01:41:38,105
with you

2229
01:41:38,105 --> 01:41:39,065
which was that

2230
01:41:39,065 --> 01:41:39,805
when United

2231
01:41:39,805 --> 01:41:40,365
played Liverpool

2232
01:41:40,365 --> 01:41:41,365
we had 100k sats

2233
01:41:41,365 --> 01:41:41,985
and

2234
01:41:41,985 --> 01:41:42,825
you went to bed

2235
01:41:42,825 --> 01:41:43,285
no no

2236
01:41:43,285 --> 01:41:43,545
it's the one

2237
01:41:43,545 --> 01:41:44,125
where you went to bed

2238
01:41:44,125 --> 01:41:45,885
and you woke up

2239
01:41:45,885 --> 01:41:46,725
it was 7-1

2240
01:41:46,725 --> 01:41:47,325
7-1

2241
01:41:47,325 --> 01:41:48,945
and the ref

2242
01:41:48,945 --> 01:41:49,825
ended the game early

2243
01:41:49,825 --> 01:41:50,285
because he felt

2244
01:41:50,285 --> 01:41:50,945
sorry for you

2245
01:41:50,945 --> 01:41:51,385
yeah

2246
01:41:51,385 --> 01:41:52,345
that was one of my

2247
01:41:52,345 --> 01:41:53,265
least favourite mornings

2248
01:41:53,265 --> 01:41:54,305
I woke up to

2249
01:41:54,305 --> 01:41:55,645
thousands of notifications

2250
01:41:55,645 --> 01:41:56,145
on Twitter

2251
01:41:56,145 --> 01:41:57,145
I was dying

2252
01:41:57,145 --> 01:41:58,545
we absolutely

2253
01:41:58,545 --> 01:41:59,185
battered you

2254
01:41:59,185 --> 01:41:59,665
alright

2255
01:41:59,665 --> 01:42:00,525
before we finish

2256
01:42:00,525 --> 01:42:01,705
sorry it's your show

2257
01:42:01,705 --> 01:42:02,225
no go on

2258
01:42:02,225 --> 01:42:02,925
You take over.

2259
01:42:03,165 --> 01:42:05,145
Tell me what's going on in the world of Bitcoin

2260
01:42:05,145 --> 01:42:06,025
that I should be aware of.

2261
01:42:06,185 --> 01:42:06,965
I know treasury companies.

2262
01:42:06,985 --> 01:42:08,105
It's paper Bitcoin summer, bro.

2263
01:42:08,465 --> 01:42:09,125
Is that what it's called?

2264
01:42:12,865 --> 01:42:13,885
There's a lot of stuff happening

2265
01:42:13,885 --> 01:42:15,405
that's not what I thought winning would look like.

2266
01:42:16,745 --> 01:42:17,585
I think like there's a,

2267
01:42:17,985 --> 01:42:21,105
and I've been skeptical of a lot of treasury companies.

2268
01:42:21,725 --> 01:42:22,685
I'd say over and over again,

2269
01:42:22,725 --> 01:42:23,565
I think Saylor's different.

2270
01:42:23,665 --> 01:42:24,565
I think MetaPlanet are different.

2271
01:42:25,105 --> 01:42:27,905
I think probably 21 and Anand Bax one will be different

2272
01:42:27,905 --> 01:42:29,385
just out of sheer size.

2273
01:42:30,005 --> 01:42:31,585
But I am nervous about these companies

2274
01:42:31,585 --> 01:42:33,765
He's just scooping up coins to eventually spit them out again.

2275
01:42:35,585 --> 01:42:37,345
But at the same time as all this is happening,

2276
01:42:38,045 --> 01:42:39,365
samurai devs, you've seen what's happened here.

2277
01:42:39,485 --> 01:42:40,605
Yeah, I know. It's fucking disgrace.

2278
01:42:40,745 --> 01:42:43,965
So I've spoken to a few people who are actual lawyers,

2279
01:42:44,165 --> 01:42:45,805
and it sounds like, so they've pled guilty.

2280
01:42:46,385 --> 01:42:48,125
Sounds like they're going to get the higher end of the sentence.

2281
01:42:48,245 --> 01:42:49,725
They're probably both going to have five years in prison.

2282
01:42:51,465 --> 01:42:53,385
Libertarian Party needs to do another deal with Trump.

2283
01:42:53,685 --> 01:42:57,585
I think, honestly, I think the best chance they have is now a pardon.

2284
01:42:58,265 --> 01:42:59,325
And there's people working on that.

2285
01:42:59,385 --> 01:43:01,125
There's someone from the Libertarian Party working on that.

2286
01:43:01,585 --> 01:43:05,085
And Roman Storm also convicted.

2287
01:43:05,085 --> 01:43:06,325
He actually went through trial

2288
01:43:06,325 --> 01:43:07,805
and got convicted of conspiracy

2289
01:43:07,805 --> 01:43:08,905
to run a money laundering business,

2290
01:43:08,905 --> 01:43:09,745
I think was the charge.

2291
01:43:09,745 --> 01:43:12,465
So he's gonna get five years or up to five years.

2292
01:43:13,585 --> 01:43:14,725
So lots of good things.

2293
01:43:14,725 --> 01:43:15,825
That sounds like a black pill.

2294
01:43:15,825 --> 01:43:16,665
There's lots of good things,

2295
01:43:16,665 --> 01:43:19,145
but there's definitely stuff that's not what Bitcoin should,

2296
01:43:19,145 --> 01:43:20,665
that's not Bitcoin winning.

2297
01:43:20,665 --> 01:43:31,680
Yeah I mean it feels like it got I think it got a bit boring for me as an external person I think you got bored of it I not finding it boring

2298
01:43:32,040 --> 01:43:42,440
Well, weirdly though, I had a long chat in Lofoten, Norway, with somebody,

2299
01:43:43,140 --> 01:43:49,620
and they talked about how we've kind of gone so far away from peer-to-peer money.

2300
01:43:51,280 --> 01:43:54,380
And I'm kind of with them.

2301
01:43:55,220 --> 01:43:57,560
Because if it's only digital gold,

2302
01:43:58,780 --> 01:44:01,480
we'll be rich and depressed like Thomas says.

2303
01:44:01,600 --> 01:44:02,740
My favorite quote in Bitcoin.

2304
01:44:05,480 --> 01:44:08,020
There's stuff that's happening though that is genuinely cool.

2305
01:44:08,280 --> 01:44:11,200
Like I think that everything Callie's building is insane.

2306
01:44:11,420 --> 01:44:12,980
Yeah, Callie's amazing. I love him.

2307
01:44:13,040 --> 01:44:14,160
Have you used BitChat yet?

2308
01:44:14,700 --> 01:44:16,220
No, but I've seen stuff.

2309
01:44:16,220 --> 01:44:16,380
Have you got it?

2310
01:44:16,440 --> 01:44:16,720
No.

2311
01:44:16,840 --> 01:44:18,520
I was going to send you a first message on BitChat.

2312
01:44:18,620 --> 01:44:19,400
It's really cool.

2313
01:44:19,400 --> 01:44:32,560
Yeah. Don't get me wrong. It's like obviously limited in scope because not many people have it yet. So like finding people on there is impossible. The first time I found anyone was in Riga and we were on a boat. So Mills organized this boat trip for us on the last day.

2314
01:44:34,040 --> 01:44:34,980
She came to Bedford.

2315
01:44:35,300 --> 01:44:43,500
She's the best. And we were all just like sat there talking and BitChat came up. And so we get our phone out. And honestly, 10 minutes later, no one had talked for 10 minutes. We're all just talking on BitChat.

2316
01:44:44,120 --> 01:44:45,960
So from what I see in BitChat, very cool.

2317
01:44:46,420 --> 01:44:48,320
I think pretty much everything Jack Dorsey does is cool.

2318
01:44:49,380 --> 01:44:50,880
I love everything Callie's doing.

2319
01:44:52,240 --> 01:44:55,140
But it all feels really niche.

2320
01:44:55,640 --> 01:44:55,840
Yeah.

2321
01:44:56,080 --> 01:44:58,500
And it doesn't feel like there are enough people

2322
01:44:58,500 --> 01:45:03,760
working on peer-to-peer money at a narrative level.

2323
01:45:04,120 --> 01:45:05,800
Like out there talking about it and making it happen.

2324
01:45:05,840 --> 01:45:07,840
I think that's fair, but I do think that's changing too.

2325
01:45:07,840 --> 01:45:10,380
So have you heard that art clubs have now launched?

2326
01:45:10,620 --> 01:45:10,700
Nope.

2327
01:45:10,700 --> 01:45:14,440
So I think Riga was the first time it had ever been actually used.

2328
01:45:14,700 --> 01:45:16,360
So all the merchants that were set up in Riga

2329
01:45:16,360 --> 01:45:17,860
weren't using Lightning, they were using ARK.

2330
01:45:18,600 --> 01:45:21,660
And I know that someone at the conference, I forget who, sorry,

2331
01:45:21,960 --> 01:45:24,760
did a transaction from Cashew to ARK

2332
01:45:24,760 --> 01:45:27,400
using the Lightning network as the interoperable middleman.

2333
01:45:28,560 --> 01:45:29,980
And this stuff's happening.

2334
01:45:30,100 --> 01:45:33,500
And from what I've heard, ARK is going to be pretty fucking powerful

2335
01:45:33,500 --> 01:45:34,540
because it's basically Lightning

2336
01:45:34,540 --> 01:45:37,300
without ever having to worry about liquidity and things like that.

2337
01:45:37,300 --> 01:45:40,660
Right. Well, I just think it needs to get a bit more punk rock.

2338
01:45:41,140 --> 01:45:41,560
Yeah, I agree.

2339
01:45:41,660 --> 01:45:44,120
Like, I think the punk rock, fuck you.

2340
01:45:44,720 --> 01:45:46,020
That was the different vibe in Riga

2341
01:45:46,020 --> 01:45:47,580
compared to being in somewhere like Vegas.

2342
01:45:47,740 --> 01:45:47,980
Right.

2343
01:45:48,040 --> 01:45:48,960
Like, because Riga has all,

2344
01:45:49,040 --> 01:45:51,160
like, I think the German group are fucking cool.

2345
01:45:51,460 --> 01:45:52,740
Like the German Bitcoiners are like the,

2346
01:45:52,860 --> 01:45:54,180
I think the European Bitcoiners

2347
01:45:54,180 --> 01:45:55,320
are like the cypherpunks now.

2348
01:45:55,420 --> 01:45:57,580
Whereas in America, it's all like the financial.

2349
01:45:58,060 --> 01:46:00,120
Well, it's like all the financialization side of things.

2350
01:46:00,340 --> 01:46:01,300
And maybe they're the cypherpunks

2351
01:46:01,300 --> 01:46:02,020
because they need to be

2352
01:46:02,020 --> 01:46:04,420
because of stuff like the online safety act

2353
01:46:04,420 --> 01:46:05,700
and all this stuff that's going through Europe.

2354
01:46:05,860 --> 01:46:07,440
Like America don't have those problems,

2355
01:46:07,540 --> 01:46:09,160
but there is a lot of cool products being built.

2356
01:46:09,240 --> 01:46:10,500
But I agree that the narrative

2357
01:46:10,500 --> 01:46:11,900
probably needs to shift a little bit.

2358
01:46:11,960 --> 01:46:12,920
And look, I'm away from it,

2359
01:46:12,940 --> 01:46:13,900
so I'm not really seeing it.

2360
01:46:13,980 --> 01:46:14,480
But I don't know.

2361
01:46:14,560 --> 01:46:15,980
It's just like that punk rock edge.

2362
01:46:16,120 --> 01:46:17,840
I just think, you know, like Lop said,

2363
01:46:18,140 --> 01:46:19,300
what's the point of having fuck you money

2364
01:46:19,300 --> 01:46:20,180
if you don't say fuck you?

2365
01:46:20,220 --> 01:46:22,160
And I just think it's...

2366
01:46:22,160 --> 01:46:24,460
Look, if we're moving into a world

2367
01:46:24,460 --> 01:46:25,940
where the institutions and the governments

2368
01:46:25,940 --> 01:46:27,300
are going to start accumulating Bitcoin,

2369
01:46:27,740 --> 01:46:29,220
then we need Bitcoiners to take over

2370
01:46:29,220 --> 01:46:30,460
the institutions and the governments

2371
01:46:30,460 --> 01:46:31,620
and do it in the right way.

2372
01:46:32,260 --> 01:46:34,400
So there's this massive growth in socialism in the UK.

2373
01:46:34,560 --> 01:46:37,120
53% of young people think it's the right model.

2374
01:46:37,120 --> 01:46:38,020
so look

2375
01:46:38,020 --> 01:46:41,500
I think we need to go and dismantle

2376
01:46:41,500 --> 01:46:42,260
the socialist

2377
01:46:42,260 --> 01:46:45,680
states of Europe and the world

2378
01:46:45,680 --> 01:46:47,640
and the socialist growth and we need to get back to being

2379
01:46:47,640 --> 01:46:49,780
like punks and a bit more

2380
01:46:49,780 --> 01:46:51,200
fuck you attitude. I could have ranted for hours.

2381
01:46:51,200 --> 01:46:53,080
Danny, love you man. Thank you for having me.

2382
01:46:53,080 --> 01:46:54,400
This has been great. Thank you Pete.

2383
01:47:07,120 --> 01:47:37,100
Thank you.