1
00:00:00,000 --> 00:00:02,340
as those tools get like easy to use,

2
00:00:02,340 --> 00:00:05,840
it's gonna be a weird place.

3
00:00:05,840 --> 00:00:07,840
But here's the crazy thing.

4
00:00:07,840 --> 00:00:11,120
Is it all the consequences of this sort of tech?

5
00:00:12,280 --> 00:00:15,480
Is a consequence of empowering the individual?

6
00:00:15,480 --> 00:00:16,920
Sure, there's a lot of negatives

7
00:00:16,920 --> 00:00:21,680
when potentially bad people can do really bad things.

8
00:00:21,680 --> 00:00:24,180
Just like if you give everyone in society a gun.

9
00:00:25,260 --> 00:00:28,040
There's a lot of people who can do bad things with a gun.

10
00:00:28,040 --> 00:00:30,600
But guess what you can't do?

11
00:00:30,600 --> 00:00:32,720
You can't rule them as a tyrant.

12
00:00:34,560 --> 00:00:37,280
You can't have a society where everybody has a gun.

13
00:00:37,280 --> 00:00:39,040
It's actually a pretty polite society.

14
00:00:39,040 --> 00:00:42,380
["The Bitcoin Podcast"]

15
00:00:44,840 --> 00:00:48,400
Greetings and salutations, my fellow plebs.

16
00:00:48,400 --> 00:00:51,960
My name is Walker and this is The Bitcoin Podcast.

17
00:00:51,960 --> 00:00:56,040
The Bitcoin Block Height is 824371.

18
00:00:56,040 --> 00:01:00,300
And the value of one Bitcoin is still one Bitcoin.

19
00:01:00,300 --> 00:01:02,040
I know it's been a couple weeks

20
00:01:02,040 --> 00:01:03,920
since I dropped the last episode.

21
00:01:03,920 --> 00:01:06,040
So thank you for your patience.

22
00:01:06,040 --> 00:01:08,920
I just became a father over the holidays,

23
00:01:08,920 --> 00:01:10,900
so I've been a little busy.

24
00:01:10,900 --> 00:01:13,920
Mother and baby are both happy and healthy.

25
00:01:13,920 --> 00:01:16,120
And thank you sincerely to everyone

26
00:01:16,120 --> 00:01:17,960
who reached out with congratulations.

27
00:01:17,960 --> 00:01:19,440
It really means a lot.

28
00:01:19,440 --> 00:01:22,060
Today's episode is Bitcoin Talk,

29
00:01:22,060 --> 00:01:24,640
where I talk with my guest about Bitcoin

30
00:01:24,640 --> 00:01:26,880
and whatever else happens to come up.

31
00:01:26,880 --> 00:01:29,760
Today, that guest is Guy Swan,

32
00:01:29,760 --> 00:01:33,240
host of Bitcoin Audible and AI Unchained.

33
00:01:33,240 --> 00:01:35,720
He's also the man who has read more about Bitcoin

34
00:01:35,720 --> 00:01:37,880
than anyone you know.

35
00:01:37,880 --> 00:01:41,200
We dig deep into the power of stories

36
00:01:41,200 --> 00:01:44,680
and how narratives and power structures are shifting

37
00:01:44,680 --> 00:01:46,120
right in front of our eyes.

38
00:01:46,120 --> 00:01:49,900
We discuss the importance of peer-to-peer money, Bitcoin,

39
00:01:49,900 --> 00:01:51,880
and peer-to-peer communication,

40
00:01:51,880 --> 00:01:54,880
Noster, Hole Punch, et cetera, in the era

41
00:01:54,880 --> 00:01:58,240
of the centralized social media platforms

42
00:01:58,240 --> 00:02:01,480
and sensor ship industrial complex.

43
00:02:01,480 --> 00:02:04,420
And also how AI fits into the story

44
00:02:04,420 --> 00:02:06,360
of our collective future.

45
00:02:06,360 --> 00:02:08,640
Before we get started, I want to remind you

46
00:02:08,640 --> 00:02:12,400
that the Bitcoin halving is just a few months away.

47
00:02:12,400 --> 00:02:16,920
So now is a very good time to get your Bitcoin off the exchange

48
00:02:16,920 --> 00:02:18,520
and into your own custody.

49
00:02:18,520 --> 00:02:21,360
Go to bitbox.swiss slash walker

50
00:02:21,360 --> 00:02:24,600
and use the promo code Walker for 5% off

51
00:02:24,600 --> 00:02:28,680
the Bitcoin only Bitbox 02 hardware wallet.

52
00:02:28,680 --> 00:02:30,020
It is fully open source.

53
00:02:30,020 --> 00:02:32,560
You can go to their GitHub and verify for yourself.

54
00:02:32,560 --> 00:02:33,680
No need to trust me.

55
00:02:33,680 --> 00:02:36,040
It's also super easy to set up

56
00:02:36,040 --> 00:02:39,200
and that makes it a great tool for seasoned psychopaths

57
00:02:39,200 --> 00:02:40,800
and new Bitcoiners alike.

58
00:02:40,800 --> 00:02:43,200
When you go to bitbox.swiss slash walker

59
00:02:43,200 --> 00:02:45,340
and use that promo code Walker,

60
00:02:45,340 --> 00:02:47,800
not only do you get 5% off,

61
00:02:47,800 --> 00:02:49,920
but you also help support the show,

62
00:02:49,920 --> 00:02:51,880
another fucking Bitcoin podcast.

63
00:02:51,880 --> 00:02:53,160
So thank you.

64
00:02:53,160 --> 00:02:55,200
As always, you can watch the video version

65
00:02:55,200 --> 00:02:58,160
of this episode on rumble, YouTube or X

66
00:02:58,160 --> 00:03:02,240
by searching at Walker America or listen on fountain.fm

67
00:03:02,240 --> 00:03:04,600
or wherever you get your podcasts

68
00:03:04,600 --> 00:03:07,600
by searching for the Bitcoin podcast.

69
00:03:07,600 --> 00:03:10,320
If you listen to the Bitcoin podcast on fountain,

70
00:03:10,320 --> 00:03:12,040
consider giving this show a boost

71
00:03:12,040 --> 00:03:14,160
or creating a clip of something you found

72
00:03:14,160 --> 00:03:16,120
particularly interesting.

73
00:03:16,120 --> 00:03:18,120
If you haven't checked out fountain yet,

74
00:03:18,120 --> 00:03:20,560
I highly recommend you go check it out right now.

75
00:03:20,560 --> 00:03:22,240
Without further ado,

76
00:03:22,240 --> 00:03:25,800
let's get into this Bitcoin talk with Guy Swan.

77
00:03:28,280 --> 00:03:32,800
This whole thing is still new to me.

78
00:03:32,800 --> 00:03:36,200
I'm not the seasoned expert

79
00:03:36,200 --> 00:03:38,440
that folks like you and Peter are yet,

80
00:03:38,440 --> 00:03:42,880
but I gotta say whole new respect for you guys

81
00:03:42,880 --> 00:03:47,880
just after trying this a bit on my own, it's a fucking lot.

82
00:03:50,520 --> 00:03:52,400
I don't think people realize that.

83
00:03:52,400 --> 00:03:55,200
Like, you know, it seems like it wouldn't be.

84
00:03:55,200 --> 00:03:56,240
It seems like it wouldn't be.

85
00:03:56,240 --> 00:03:58,680
On the outside, you don't think about,

86
00:03:58,680 --> 00:04:00,400
it's crazy when I'll get to the point,

87
00:04:00,400 --> 00:04:02,120
but like, okay, I'm done editing

88
00:04:02,120 --> 00:04:04,520
or I'm done with the show.

89
00:04:04,520 --> 00:04:07,360
And then it's just like hours to publishing.

90
00:04:07,360 --> 00:04:08,640
I'm gonna do it real quick.

91
00:04:08,640 --> 00:04:11,600
It's like 10 minutes and like hours later,

92
00:04:11,600 --> 00:04:12,920
I'm like still not done.

93
00:04:12,920 --> 00:04:14,120
And I'm like, I have to go to sleep now.

94
00:04:14,120 --> 00:04:16,440
I have to, I'm gonna have to fucking do this tomorrow.

95
00:04:16,440 --> 00:04:18,800
It's honestly, that is like the shit

96
00:04:18,800 --> 00:04:21,000
that takes a shocking amount of time.

97
00:04:21,000 --> 00:04:23,880
Just like, at least now, like with AI,

98
00:04:23,880 --> 00:04:26,080
like I'm using Riverside, obviously,

99
00:04:26,080 --> 00:04:28,320
we're here in the studio.

100
00:04:28,320 --> 00:04:30,480
It's nice that now they just like started writing up

101
00:04:30,480 --> 00:04:32,120
like automatic show notes for you.

102
00:04:32,120 --> 00:04:36,360
And the transcript editing function makes it a bit easier

103
00:04:36,360 --> 00:04:38,360
to like go through and just clear out, you know,

104
00:04:38,360 --> 00:04:41,400
dead spaces if I'm doing like a, you know, a solo one.

105
00:04:41,400 --> 00:04:44,360
But the fucking uploading, like it's just,

106
00:04:44,360 --> 00:04:46,640
it's another reason where I'm like, God,

107
00:04:46,640 --> 00:04:50,720
I look forward to a more no-ster enabled future

108
00:04:50,720 --> 00:04:54,560
where I can just blast something out from my end pub

109
00:04:54,560 --> 00:04:58,000
and have it populate to wherever people want it to be,

110
00:04:58,000 --> 00:04:59,880
wherever they are viewing it,

111
00:04:59,880 --> 00:05:02,320
whatever type of client that may be.

112
00:05:02,320 --> 00:05:03,520
Because as it is, it's like, okay,

113
00:05:03,520 --> 00:05:06,200
fucking takes forever to upload to YouTube

114
00:05:06,200 --> 00:05:08,240
and now I've started putting shit on Rumble.

115
00:05:08,240 --> 00:05:10,840
And then, you know, the actual audio podcast itself.

116
00:05:10,840 --> 00:05:13,760
And it's like, oh, I'm going to upload it to X as well.

117
00:05:14,800 --> 00:05:19,120
And that's like, okay, well, it may upload, it may not.

118
00:05:19,120 --> 00:05:20,920
And maybe you're going to upload the whole episode,

119
00:05:20,920 --> 00:05:23,200
but nobody watches long form on X.

120
00:05:23,200 --> 00:05:25,760
Like nobody really watches long form on X.

121
00:05:25,760 --> 00:05:26,600
They don't.

122
00:05:26,600 --> 00:05:27,440
So it's like, well, I guess I'll just,

123
00:05:27,440 --> 00:05:29,600
now I guess I'll just make an extra like two minute clip

124
00:05:29,600 --> 00:05:31,840
of this and that's going to take me a while longer.

125
00:05:31,840 --> 00:05:33,720
But yeah, it's, it's a true.

126
00:05:33,720 --> 00:05:35,440
Are you one man in it right now?

127
00:05:35,440 --> 00:05:36,280
Oh yeah.

128
00:05:36,280 --> 00:05:40,080
Well, because this is, I consider this to be,

129
00:05:40,080 --> 00:05:42,000
this is my hobby.

130
00:05:42,000 --> 00:05:45,280
That way I can justify the time that I'm spending on it.

131
00:05:45,280 --> 00:05:47,640
Cause I don't like, I don't watch sports.

132
00:05:47,640 --> 00:05:48,880
I enjoy sports.

133
00:05:48,880 --> 00:05:50,200
I've played sports my whole life,

134
00:05:50,200 --> 00:05:53,120
but I can't justify the time to like sit down

135
00:05:53,120 --> 00:05:56,040
and watch an old sports ball match.

136
00:05:56,040 --> 00:05:56,880
Yeah, yeah, yeah.

137
00:05:56,880 --> 00:05:57,720
You know what I mean?

138
00:05:57,720 --> 00:05:58,560
Like,

139
00:05:58,560 --> 00:05:59,680
It's always, it's always time.

140
00:05:59,680 --> 00:06:02,440
Like I get in a style for video games and,

141
00:06:02,440 --> 00:06:04,000
but I sit down, I'll play,

142
00:06:04,000 --> 00:06:06,760
I like I play, I have the new Zelda game, right?

143
00:06:06,760 --> 00:06:07,600
On Switch.

144
00:06:07,600 --> 00:06:08,440
And I love the.

145
00:06:08,440 --> 00:06:09,680
The Kingdom.

146
00:06:09,680 --> 00:06:10,520
Yeah. Yeah.

147
00:06:10,520 --> 00:06:12,840
And I'll like run around and I'll get like some mushrooms

148
00:06:12,840 --> 00:06:15,800
and some, you know, cut down some trees and shit

149
00:06:15,800 --> 00:06:17,640
for like 15 minutes and be like,

150
00:06:17,640 --> 00:06:18,840
I haven't gotten anywhere.

151
00:06:18,840 --> 00:06:19,680
I got it.

152
00:06:19,680 --> 00:06:21,600
I just have to get mushrooms before I can do the thing

153
00:06:21,600 --> 00:06:22,440
that's in the game.

154
00:06:22,440 --> 00:06:23,960
And I'm just like, I gotta put this, I can't,

155
00:06:23,960 --> 00:06:24,800
I can't play this.

156
00:06:24,800 --> 00:06:25,640
I can't do this.

157
00:06:25,640 --> 00:06:26,480
I know.

158
00:06:26,480 --> 00:06:30,960
I'm lucky cause Carla is a, she's actually a big gamer.

159
00:06:30,960 --> 00:06:33,360
It may be somewhat shocking here, but yeah.

160
00:06:33,360 --> 00:06:35,040
She's a massive gamer.

161
00:06:35,040 --> 00:06:36,640
It's not entirely off.

162
00:06:36,640 --> 00:06:39,160
Yeah. It's not, it's not entirely shocking.

163
00:06:39,160 --> 00:06:41,720
But so like a nice thing is like, that's like, you know,

164
00:06:41,720 --> 00:06:43,840
one of the things that we love to do together is like,

165
00:06:43,840 --> 00:06:45,080
let's, let's fucking game.

166
00:06:45,080 --> 00:06:47,920
So that, that way it's, cause if I was, you know,

167
00:06:47,920 --> 00:06:48,760
it's the same thing.

168
00:06:48,760 --> 00:06:51,080
It's like, man, sure, who doesn't love to sit down

169
00:06:51,080 --> 00:06:52,920
and fucking game for a while.

170
00:06:52,920 --> 00:06:56,080
But it's like, oh boy, with, especially like baby on the way

171
00:06:56,080 --> 00:06:58,000
and all these things, it's like,

172
00:06:58,000 --> 00:07:02,120
it, it time is truly our scarcest resource.

173
00:07:02,120 --> 00:07:04,920
Like, and you can get a fuckload done in a day,

174
00:07:04,920 --> 00:07:09,000
but there's somehow never seems to be quite enough time.

175
00:07:09,000 --> 00:07:11,640
You know, and ain't that the crux of it?

176
00:07:11,640 --> 00:07:13,200
Like, yeah.

177
00:07:13,200 --> 00:07:14,400
You can get a lot done in a day,

178
00:07:14,400 --> 00:07:16,520
but it's always 20% of what you hoped.

179
00:07:16,520 --> 00:07:17,480
Yeah. Exactly.

180
00:07:17,480 --> 00:07:20,680
Well, you know, the amazing thing though is too, like,

181
00:07:20,680 --> 00:07:25,680
I feel like our, our perspective of what is productive,

182
00:07:25,800 --> 00:07:27,440
especially for folks like us,

183
00:07:27,440 --> 00:07:29,080
I think this is true for a lot of Bitcoiners

184
00:07:29,080 --> 00:07:31,320
who try to think more about their time,

185
00:07:31,320 --> 00:07:33,320
like think about it more consciously.

186
00:07:33,320 --> 00:07:36,840
But, you know, we're actually able to get so much done,

187
00:07:36,840 --> 00:07:38,600
just with all of the incredible tools

188
00:07:38,600 --> 00:07:40,000
that are out there, now all the AI tools,

189
00:07:40,000 --> 00:07:41,080
all the, all the automation,

190
00:07:41,080 --> 00:07:43,560
just like just the little things that stuff in Riverside.

191
00:07:43,560 --> 00:07:47,320
Like it's fucking amazing how much of that menial work

192
00:07:47,320 --> 00:07:48,960
you can offload with it

193
00:07:48,960 --> 00:07:51,800
and actually get so fucking much done.

194
00:07:51,800 --> 00:07:55,680
And, but then we still, our judgment of ourselves

195
00:07:55,680 --> 00:07:59,600
is always this rolling thing where it's always relative.

196
00:07:59,600 --> 00:08:00,600
You know, we're not saying

197
00:08:00,600 --> 00:08:03,000
how much am I getting done versus five years ago.

198
00:08:03,000 --> 00:08:05,440
It's like, well, how much am I getting done versus yesterday

199
00:08:05,440 --> 00:08:06,280
or last week?

200
00:08:06,280 --> 00:08:08,040
Like, and I think that's like a mentality shift.

201
00:08:08,040 --> 00:08:10,120
I need to work on getting better at,

202
00:08:10,120 --> 00:08:13,240
like you're still getting a shitload done.

203
00:08:13,240 --> 00:08:16,120
And especially relative to a few years ago,

204
00:08:16,120 --> 00:08:18,640
it's just that you're seeing that workload manifest

205
00:08:18,640 --> 00:08:22,240
in different ways, but it's a trip.

206
00:08:22,240 --> 00:08:23,080
It's a trip.

207
00:08:23,080 --> 00:08:25,600
But speaking of the craziest time.

208
00:08:25,600 --> 00:08:26,760
Oh, yeah, no, go ahead.

209
00:08:29,400 --> 00:08:33,720
It's funny, I did this, did this show by myself for,

210
00:08:33,720 --> 00:08:35,320
I mean, I guess five years.

211
00:08:35,320 --> 00:08:38,840
Yeah, because I'm coming up on,

212
00:08:38,840 --> 00:08:40,680
will it be six years in March?

213
00:08:40,680 --> 00:08:41,520
That's amazing.

214
00:08:42,600 --> 00:08:44,840
Fuck, I don't know, something like that.

215
00:08:45,760 --> 00:08:49,720
And, but I just now, I just now have a producer

216
00:08:49,720 --> 00:08:52,320
and working with April two

217
00:08:52,320 --> 00:08:54,600
for like all the design stuff or whatever.

218
00:08:54,600 --> 00:08:58,520
But like, I would not be publishing video on YouTube.

219
00:08:58,520 --> 00:09:00,360
I wouldn't be publishing on rumble.

220
00:09:00,360 --> 00:09:03,400
I wouldn't be publishing little clips on TikTok or LinkedIn.

221
00:09:03,400 --> 00:09:08,400
I wouldn't be, I do it on Nostra and it's purely because

222
00:09:08,680 --> 00:09:11,320
like he sends me the details or whatever.

223
00:09:11,320 --> 00:09:12,680
And I'm like, okay, like,

224
00:09:12,680 --> 00:09:15,240
but I, when I'm done with an episode now,

225
00:09:15,240 --> 00:09:17,400
I just throw it, I just throw him a link.

226
00:09:18,240 --> 00:09:20,480
And that's been, it took a long time

227
00:09:20,480 --> 00:09:22,080
to kind of like get that system in place

228
00:09:22,080 --> 00:09:24,320
because like none of my shit was organized.

229
00:09:25,560 --> 00:09:27,400
I was organized in a way that I understood it,

230
00:09:27,400 --> 00:09:29,120
but that it was, you know,

231
00:09:29,120 --> 00:09:31,280
Egyptian hieroglyphics to anybody else.

232
00:09:31,280 --> 00:09:36,280
And, but I mean, I got pay him every month and I'm like,

233
00:09:39,160 --> 00:09:41,000
oh man, this is a lot.

234
00:09:41,000 --> 00:09:43,640
But every time I think about like,

235
00:09:43,640 --> 00:09:45,120
okay, I'm gonna go publish it myself.

236
00:09:45,120 --> 00:09:48,240
I'm like, nope, nope, gonna pay Donnie.

237
00:09:49,360 --> 00:09:50,720
Don't fucking care.

238
00:09:50,720 --> 00:09:52,240
Don't fucking care about this.

239
00:09:52,240 --> 00:09:53,840
You know, like your time is,

240
00:09:53,840 --> 00:09:57,280
and like you've put in the work for so long with this.

241
00:09:57,280 --> 00:09:59,080
Like honestly, it's incredible that you were doing it

242
00:09:59,080 --> 00:10:00,800
as a one man show for basically what?

243
00:10:00,800 --> 00:10:02,400
Like 95% of it.

244
00:10:02,400 --> 00:10:05,520
Like you only started having some production support recently.

245
00:10:05,520 --> 00:10:06,360
For like four or five months.

246
00:10:06,360 --> 00:10:07,200
Yeah.

247
00:10:07,200 --> 00:10:08,040
Yeah.

248
00:10:08,040 --> 00:10:10,080
So I mean, like, and you're, you know,

249
00:10:10,080 --> 00:10:14,400
you are a new father as well or relatively new still now,

250
00:10:15,360 --> 00:10:18,320
but like your time is even more precious.

251
00:10:18,320 --> 00:10:19,480
Yeah. All right.

252
00:10:19,480 --> 00:10:20,320
All right.

253
00:10:20,320 --> 00:10:21,160
Yeah.

254
00:10:21,160 --> 00:10:22,000
Bitcoin baby number go up.

255
00:10:22,000 --> 00:10:22,840
I love it.

256
00:10:22,840 --> 00:10:23,680
We gotta be in a hurry.

257
00:10:23,680 --> 00:10:26,200
We got limited window, limited window.

258
00:10:26,200 --> 00:10:28,160
We're trying to get like four kids up in this bitch.

259
00:10:28,160 --> 00:10:29,080
All right.

260
00:10:29,080 --> 00:10:30,800
You know, I love hearing that from Bitcoiners.

261
00:10:30,800 --> 00:10:33,920
Like, yes, have like, it makes me so happy

262
00:10:33,920 --> 00:10:36,960
when people that I know are good, decent, intelligent,

263
00:10:36,960 --> 00:10:39,000
hardworking people have kids.

264
00:10:39,000 --> 00:10:41,440
Cause I'm like, oh man, you're going to raise them right.

265
00:10:41,440 --> 00:10:44,760
And they're going to turn into wonderful human beings.

266
00:10:44,760 --> 00:10:48,120
And those kids, like, like the world may still be fucked up

267
00:10:48,120 --> 00:10:49,760
for most of our lives guy,

268
00:10:49,760 --> 00:10:52,880
but I have a lot of hope for two generations of that.

269
00:10:52,880 --> 00:10:54,440
And the math is in our numbers.

270
00:10:54,440 --> 00:10:56,720
And it matters in our favor.

271
00:10:56,720 --> 00:10:57,560
Exactly.

272
00:10:57,560 --> 00:10:59,400
I mean, with the way that Bitcoiners are breeding,

273
00:10:59,400 --> 00:11:03,120
like it's going to be, it's a population takeover, you know,

274
00:11:03,120 --> 00:11:05,680
it's a beautiful thing to see.

275
00:11:05,680 --> 00:11:08,480
Man, but well, again, speaking of scarce time,

276
00:11:08,480 --> 00:11:11,480
soon your time is scarce guy

277
00:11:11,480 --> 00:11:13,320
and you put out so much work.

278
00:11:13,320 --> 00:11:15,440
And so I want to thank you for sharing that scarce time

279
00:11:15,440 --> 00:11:16,400
with me today.

280
00:11:17,280 --> 00:11:19,240
I still figuring out how I,

281
00:11:19,240 --> 00:11:21,600
how I like to do intros for things,

282
00:11:21,600 --> 00:11:24,200
but I think everybody who is going to listen to this show

283
00:11:24,200 --> 00:11:25,800
knows you are, you are Guy Swan,

284
00:11:25,800 --> 00:11:29,680
the man who has read more about Bitcoin than anyone you know.

285
00:11:29,680 --> 00:11:31,080
You are the host of...

286
00:11:31,080 --> 00:11:32,240
That is right.

287
00:11:32,240 --> 00:11:34,080
Oh, I was like, dude, I screwed that up. Fuck.

288
00:11:34,080 --> 00:11:38,400
The host of Bitcoin Audible,

289
00:11:38,400 --> 00:11:41,120
Shitcoin Insider, a little, maybe lesser known,

290
00:11:41,120 --> 00:11:43,000
and you started AI Unchained.

291
00:11:43,000 --> 00:11:45,800
Was that earlier this year, beginning of this year?

292
00:11:45,800 --> 00:11:47,000
That was very recently.

293
00:11:47,000 --> 00:11:49,600
That was, there was like a two month gap

294
00:11:49,600 --> 00:11:52,440
where I like didn't have anything out with it

295
00:11:52,440 --> 00:11:55,720
because like two things that were scheduled fell apart.

296
00:11:55,720 --> 00:12:00,720
So it's only, we're only like 10, 11 episodes in.

297
00:12:00,720 --> 00:12:03,520
But now I've got a hard schedule around every week.

298
00:12:03,520 --> 00:12:05,280
So it's every, every Thursday.

299
00:12:05,280 --> 00:12:07,720
Bitcoin Audible is Monday, Wednesday, Friday,

300
00:12:07,720 --> 00:12:10,000
and AI Unchained is Thursdays.

301
00:12:10,000 --> 00:12:11,040
I love it.

302
00:12:11,040 --> 00:12:12,680
When I saw you coming out with that,

303
00:12:12,680 --> 00:12:14,640
I was like, oh, fuck yes.

304
00:12:14,640 --> 00:12:16,360
Like I'm glad a Bitcoiner is,

305
00:12:16,360 --> 00:12:18,760
and I'm glad a Bitcoiner like you was doing this

306
00:12:18,760 --> 00:12:21,760
because there are so many AI podcasts that popped up

307
00:12:21,760 --> 00:12:24,880
like overnight, you know, when it was around the time

308
00:12:24,880 --> 00:12:27,240
that everybody was tweeting the exact same things

309
00:12:27,240 --> 00:12:28,680
about AI that they'd clearly just

310
00:12:28,680 --> 00:12:30,160
bottom of the bar and die out.

311
00:12:30,160 --> 00:12:31,600
And it's pretty nice.

312
00:12:31,600 --> 00:12:32,440
Yeah.

313
00:12:32,440 --> 00:12:33,280
We're clear.

314
00:12:33,280 --> 00:12:34,920
And that's a good thing.

315
00:12:34,920 --> 00:12:37,480
Like the cream rises to the top, right?

316
00:12:37,480 --> 00:12:39,680
But, you know, I've got to tell you,

317
00:12:39,680 --> 00:12:42,480
I've got to say thank you because Bitcoin Audible,

318
00:12:42,480 --> 00:12:45,640
the first Bitcoin podcast I listened to was,

319
00:12:45,640 --> 00:12:47,360
was what Bitcoin did.

320
00:12:47,360 --> 00:12:49,240
And I started, you know, listening, you know,

321
00:12:49,240 --> 00:12:51,240
and I loved Peter's interview style,

322
00:12:51,240 --> 00:12:53,080
started listening to some of these interviews

323
00:12:53,080 --> 00:12:56,560
and really enjoyed it, but I was very early in my journey.

324
00:12:56,560 --> 00:12:58,000
And a lot of that stuff,

325
00:12:58,000 --> 00:13:01,320
I felt like I didn't have the background I needed

326
00:13:01,320 --> 00:13:03,280
to really appreciate some of those conversations.

327
00:13:03,280 --> 00:13:04,920
So I was like, let me find,

328
00:13:04,920 --> 00:13:08,720
let me find something else that's gonna fill that gap.

329
00:13:08,720 --> 00:13:10,160
And I found Bitcoin Audible.

330
00:13:10,160 --> 00:13:11,680
And I was like, oh, I like this.

331
00:13:11,680 --> 00:13:14,000
Okay, this is, you know, these,

332
00:13:14,000 --> 00:13:15,240
I recognize some of these pieces.

333
00:13:15,240 --> 00:13:16,480
They're sitting in my bookmarks tab,

334
00:13:16,480 --> 00:13:17,720
but I haven't read them yet.

335
00:13:17,720 --> 00:13:19,240
Let me just do, you know, let me do this.

336
00:13:19,240 --> 00:13:20,080
That's where they live.

337
00:13:20,080 --> 00:13:20,920
That's where they live.

338
00:13:20,920 --> 00:13:21,760
They live there.

339
00:13:21,760 --> 00:13:26,760
And so that was hugely foundational for me,

340
00:13:26,880 --> 00:13:30,320
getting that deep dive into so many incredible pieces.

341
00:13:30,320 --> 00:13:32,880
Like if there is an important Bitcoin piece

342
00:13:32,880 --> 00:13:36,000
that someone should read, you have already read it.

343
00:13:36,000 --> 00:13:38,160
And I think that that's such an incredible service

344
00:13:38,160 --> 00:13:40,200
for the space.

345
00:13:40,200 --> 00:13:42,640
And I think a lot of folks are in the same boat as I am,

346
00:13:42,640 --> 00:13:44,480
where it was like, you know,

347
00:13:44,480 --> 00:13:48,280
you've more Bitcoin topics have been read in your voice

348
00:13:48,280 --> 00:13:51,560
through my ear holes than have been through my eyes, you know?

349
00:13:51,560 --> 00:13:53,000
And that's an amazing thing.

350
00:13:54,760 --> 00:13:56,320
And so I want to say thank you for that.

351
00:13:56,320 --> 00:14:00,560
But, you know, I'd love to go back a little bit.

352
00:14:00,560 --> 00:14:02,920
And, you know, just if you can start us off,

353
00:14:02,920 --> 00:14:06,640
just to kick things off here, in your own words,

354
00:14:06,640 --> 00:14:10,320
who is Guy Swan, the Guy Swan?

355
00:14:10,320 --> 00:14:14,360
How did he get here today to become this man in front of you?

356
00:14:14,360 --> 00:14:17,000
Who's read more about Bitcoin than anyone you know?

357
00:14:19,000 --> 00:14:20,640
Oh, Jesus.

358
00:14:20,640 --> 00:14:21,960
I know.

359
00:14:21,960 --> 00:14:22,600
I know.

360
00:14:22,600 --> 00:14:24,120
That's a big question.

361
00:14:24,120 --> 00:14:24,800
It is.

362
00:14:24,800 --> 00:14:29,200
So it's funny.

363
00:14:29,200 --> 00:14:34,080
One thing that I've tried to, in all my, like, interests

364
00:14:34,080 --> 00:14:37,560
and loves and, like, things throughout my life,

365
00:14:37,560 --> 00:14:42,400
like I actually, film was like my first real,

366
00:14:42,400 --> 00:14:45,640
this is what I'm going to do in my life.

367
00:14:45,640 --> 00:14:47,920
It was, I was in high school.

368
00:14:47,920 --> 00:14:53,200
And I think it was, I guess I was like sophomore, maybe.

369
00:14:53,200 --> 00:14:57,200
But my mom thought I was crazy.

370
00:14:57,200 --> 00:14:59,760
But my dad and I were huge film buffs.

371
00:14:59,760 --> 00:15:02,280
And my brother, all of us were huge film buffs.

372
00:15:02,280 --> 00:15:04,320
And we'd like done, like, done up the top of the garage

373
00:15:04,320 --> 00:15:05,120
with a projector.

374
00:15:05,120 --> 00:15:08,960
And we had, like, a big theater and all the DVDs

375
00:15:08,960 --> 00:15:10,520
under the sun, you know?

376
00:15:10,520 --> 00:15:11,200
We still do.

377
00:15:11,200 --> 00:15:11,880
He still does.

378
00:15:11,880 --> 00:15:14,160
He doesn't know that there's any, that you don't have DVDs

379
00:15:14,160 --> 00:15:14,840
anymore.

380
00:15:14,840 --> 00:15:19,000
But we've still got, like, a collection of, like, 5,000 of them.

381
00:15:19,000 --> 00:15:24,480
And so, like, film was our thing, or was my thing,

382
00:15:24,480 --> 00:15:26,160
in particular.

383
00:15:26,160 --> 00:15:30,840
And it was actually the first Lord of the Rings film that

384
00:15:30,840 --> 00:15:34,080
made me realize it wasn't, I mean, I love Lord of the Rings.

385
00:15:34,080 --> 00:15:36,040
But it wasn't like, oh, this is my favorite movie

386
00:15:36,040 --> 00:15:37,800
in the whole freaking world.

387
00:15:37,800 --> 00:15:39,760
It was that I love the book.

388
00:15:39,760 --> 00:15:42,680
I was fascinated with Lord of the Rings' book.

389
00:15:42,680 --> 00:15:45,880
I was an avid reader even through my whole life,

390
00:15:45,880 --> 00:15:48,240
but I never thought of that.

391
00:15:48,240 --> 00:15:51,760
You know, like, if you had asked me, like, do you like to read?

392
00:15:51,760 --> 00:15:53,960
I'd be like, oh, yeah, I have some fun books,

393
00:15:53,960 --> 00:15:55,960
but I wouldn't think of myself as a reader, you know?

394
00:15:55,960 --> 00:15:58,560
Like, it was just kind of like a thing.

395
00:15:58,560 --> 00:16:00,640
It was less a focus.

396
00:16:00,640 --> 00:16:05,840
And but when I saw the trailer for the first Lord of the Rings

397
00:16:05,840 --> 00:16:08,080
film, I had no idea that it was coming out.

398
00:16:08,080 --> 00:16:11,400
And within, like, 15 seconds or something,

399
00:16:11,400 --> 00:16:14,560
they had, like, the long shot or whatever where the Hobbits

400
00:16:14,560 --> 00:16:22,080
are like, there's the Wraith coming down the path or whatever.

401
00:16:22,080 --> 00:16:25,320
And it was just like, it was just like a setting shot

402
00:16:25,320 --> 00:16:26,520
and, like, the characters.

403
00:16:26,520 --> 00:16:27,880
But it wasn't like they showed their feet,

404
00:16:27,880 --> 00:16:29,280
and you could tell they were small.

405
00:16:29,280 --> 00:16:32,360
It was just like, it was just an aesthetic.

406
00:16:32,360 --> 00:16:37,040
But instantly, I was like, this is the Lord of the Rings.

407
00:16:37,040 --> 00:16:40,880
Like, because it was, to me, it was what I had pictured in my head.

408
00:16:40,880 --> 00:16:44,680
It was so close to what I had pictured in my head.

409
00:16:44,680 --> 00:16:47,000
And then I watched the film, and I loved it.

410
00:16:47,000 --> 00:16:50,000
And it was that same year that he won the Oscar or whatever.

411
00:16:50,000 --> 00:16:54,000
And we used to, like, hang out and have big Oscar parties.

412
00:16:54,000 --> 00:16:57,440
And it was just, it was like a sports ball game for us.

413
00:16:57,440 --> 00:17:02,440
And I remember having this moment where I was like,

414
00:17:02,440 --> 00:17:04,920
like, so much of that film was what I saw in my head.

415
00:17:04,920 --> 00:17:07,160
Like, I could make that.

416
00:17:07,160 --> 00:17:08,240
Like, I could make that.

417
00:17:08,240 --> 00:17:12,000
I could bring, I could pull that vision out of the book.

418
00:17:12,000 --> 00:17:13,760
And I could, I could turn that into a film.

419
00:17:13,760 --> 00:17:15,400
I know I could.

420
00:17:15,400 --> 00:17:17,680
And that was like just kind of like the moment where,

421
00:17:17,680 --> 00:17:20,280
I mean, I was a nerd.

422
00:17:20,280 --> 00:17:23,080
I was, I was a kid from the middle of nowhere.

423
00:17:23,080 --> 00:17:27,360
I grew up at a school that had like 400 students or something.

424
00:17:27,360 --> 00:17:29,720
And it was like five grades.

425
00:17:29,720 --> 00:17:31,080
And you know, it was like, we had like, I mean, like,

426
00:17:31,080 --> 00:17:32,840
we were small town of small town.

427
00:17:32,840 --> 00:17:35,960
Like, there were literally three classes that like, cycled.

428
00:17:35,960 --> 00:17:37,640
Like, so you were in a class with everybody

429
00:17:37,640 --> 00:17:41,640
and your entire age group at some point.

430
00:17:41,640 --> 00:17:46,080
So like, but I think our town had one blinking yellow light.

431
00:17:46,080 --> 00:17:48,200
And we thought that was like big news.

432
00:17:48,200 --> 00:17:50,000
He's like, that's the big intersection.

433
00:17:50,000 --> 00:17:55,000
So like the idea of like being a filmmaker was retarded.

434
00:17:55,800 --> 00:17:58,240
And it seemed like that when you're,

435
00:17:58,240 --> 00:17:59,520
when you're out in the middle of nowhere

436
00:17:59,520 --> 00:18:01,760
and Hollywood is this big thing.

437
00:18:03,080 --> 00:18:06,200
But that was when I just kind of started to study film,

438
00:18:06,200 --> 00:18:08,160
like to really study it.

439
00:18:08,160 --> 00:18:11,320
And one of the things that I have noticed since then,

440
00:18:11,320 --> 00:18:14,640
because I'm still a massive film buff,

441
00:18:14,640 --> 00:18:18,920
but what I found what drove me about film

442
00:18:18,920 --> 00:18:22,560
and what is the common thread in all of the other things

443
00:18:22,560 --> 00:18:25,120
that I'm just utterly fascinated with

444
00:18:25,120 --> 00:18:28,320
is just this idea of story,

445
00:18:28,320 --> 00:18:32,040
of this structure of understanding.

446
00:18:32,040 --> 00:18:33,840
Because what story really is,

447
00:18:33,840 --> 00:18:38,840
is telling the human mode of experience leading to wisdom.

448
00:18:39,560 --> 00:18:43,360
Is like, how do you, like what drive does one have?

449
00:18:43,360 --> 00:18:45,440
And this is how you tell like what a shitty movie is,

450
00:18:45,440 --> 00:18:47,080
is that like you, 20 minutes in,

451
00:18:47,080 --> 00:18:48,680
you have no idea why the character's doing anything.

452
00:18:48,680 --> 00:18:49,960
You don't know what they want.

453
00:18:49,960 --> 00:18:54,080
Like it's a desire, it's challenges and conflict

454
00:18:54,080 --> 00:18:56,240
getting in the way of that desire,

455
00:18:56,240 --> 00:18:58,440
figuring out how to overcome that.

456
00:18:58,440 --> 00:19:01,120
And then ultimately achieving it in a way

457
00:19:01,120 --> 00:19:04,840
that reflects on how the beginning of the story started.

458
00:19:04,840 --> 00:19:07,640
Like it is, I mean, there's a reason they call it an arc.

459
00:19:09,200 --> 00:19:13,680
And what's always fascinating to me is that

460
00:19:13,680 --> 00:19:14,920
it's actually the same pattern.

461
00:19:14,920 --> 00:19:18,520
It's like everything that we relate to is a story.

462
00:19:18,520 --> 00:19:21,200
Like a chair isn't like a collection of its pieces.

463
00:19:21,200 --> 00:19:23,400
It's what does it mean?

464
00:19:23,400 --> 00:19:26,200
I'm tired, I need to go relax.

465
00:19:26,200 --> 00:19:28,280
I need to go sit down in this chair.

466
00:19:28,280 --> 00:19:31,160
To me, the chair is a story of what I get out of it,

467
00:19:31,160 --> 00:19:34,960
of me going and resting and sitting in my favorite chair

468
00:19:34,960 --> 00:19:37,880
and chilling out and watching a movie.

469
00:19:37,880 --> 00:19:39,720
Like, and that's why all the things that we don't have,

470
00:19:39,720 --> 00:19:41,960
that aren't related to our story as we walk to the day

471
00:19:41,960 --> 00:19:44,080
are just completely in the background.

472
00:19:44,080 --> 00:19:48,680
And Bitcoin, when I finally found Bitcoin

473
00:19:48,680 --> 00:19:51,840
and like tech was always like a secondary love of mine.

474
00:19:51,840 --> 00:19:54,800
In fact, my film, I went to film school

475
00:19:54,800 --> 00:19:57,560
and my thesis was about the technology of film.

476
00:19:57,560 --> 00:20:00,120
Is that like what were the major technologies

477
00:20:00,120 --> 00:20:04,120
like the steady cam, the like a cable cam

478
00:20:04,120 --> 00:20:07,760
and like the lens and a camera effects

479
00:20:07,760 --> 00:20:10,360
and how we switch from film to digital.

480
00:20:10,360 --> 00:20:12,360
Like that was basically my honor's thesis

481
00:20:12,360 --> 00:20:15,440
was all this stuff is like what were the major

482
00:20:15,440 --> 00:20:18,600
technological improvements that changed how we film stuff

483
00:20:18,600 --> 00:20:20,600
in like the last 30 years or something.

484
00:20:22,080 --> 00:20:26,240
And so like tech was my other love.

485
00:20:26,240 --> 00:20:30,200
And what was crazy to me when I finally found Bitcoin

486
00:20:30,200 --> 00:20:35,200
was that the story I realized in like kind of

487
00:20:35,200 --> 00:20:36,680
going down the economics rabbit hole

488
00:20:36,680 --> 00:20:39,400
for everybody who's heard this story, I was,

489
00:20:39,400 --> 00:20:41,640
this was after school, I had gone to LA

490
00:20:41,640 --> 00:20:44,320
and done the film thing for a little while

491
00:20:44,320 --> 00:20:47,600
but it was just like horrifically expensive.

492
00:20:47,600 --> 00:20:50,640
And I didn't see any clear path to doing what I wanted to do.

493
00:20:50,640 --> 00:20:53,920
I was just doing bitch work for other people in the studio,

494
00:20:53,920 --> 00:20:56,440
which was kind of fun and like it was,

495
00:20:56,440 --> 00:20:59,200
it was cool to be like I was working with a studio, you know

496
00:20:59,200 --> 00:21:01,480
but I don't know, I just came home.

497
00:21:01,480 --> 00:21:03,000
Like it was just, it wasn't,

498
00:21:03,000 --> 00:21:05,480
it wasn't what I was actually aiming at.

499
00:21:05,480 --> 00:21:06,920
Like there was some sort of a disconnect

500
00:21:06,920 --> 00:21:09,160
so I had to figure it out and came home

501
00:21:09,160 --> 00:21:12,400
and my brother was in school for economics.

502
00:21:13,360 --> 00:21:16,360
And so what the kind of the rabbit holes

503
00:21:16,360 --> 00:21:19,160
that we were going down all at the same time were,

504
00:21:20,320 --> 00:21:23,440
he would argue with his economics professors

505
00:21:23,440 --> 00:21:25,640
because they would teach him shit that he was like,

506
00:21:25,640 --> 00:21:28,480
I mean, he's exactly like me is that if you,

507
00:21:28,480 --> 00:21:30,760
you can't teach me to memorize something.

508
00:21:30,760 --> 00:21:32,560
Like, I mean, sure I can memorize shit.

509
00:21:32,560 --> 00:21:37,560
I got a pretty good memory, but I can't,

510
00:21:37,720 --> 00:21:41,000
I can't just remember, like math is a great example.

511
00:21:41,000 --> 00:21:44,480
My calculus teacher didn't know what how to do calculus.

512
00:21:44,480 --> 00:21:46,280
She just knew what you were supposed to do

513
00:21:46,280 --> 00:21:48,360
in certain situations and like I can't,

514
00:21:48,360 --> 00:21:50,920
that doesn't compute for me.

515
00:21:50,920 --> 00:21:52,640
I need to understand why.

516
00:21:52,640 --> 00:21:54,760
Like you have to explain in simple terms,

517
00:21:54,760 --> 00:21:56,720
why is this what you do?

518
00:21:56,720 --> 00:21:59,320
And so I had the hardest time

519
00:21:59,320 --> 00:22:00,560
because I was being taught by somebody

520
00:22:00,560 --> 00:22:01,480
who didn't understand it.

521
00:22:01,480 --> 00:22:03,240
So I couldn't ask questions really.

522
00:22:04,280 --> 00:22:07,120
And so my brother was doing economics

523
00:22:07,120 --> 00:22:08,280
and he would argue with his professors

524
00:22:08,280 --> 00:22:11,040
because he'd be like, what's the underlying principle here?

525
00:22:11,040 --> 00:22:12,920
Like the thing you taught us last week

526
00:22:12,920 --> 00:22:14,360
and the thing you just taught us,

527
00:22:14,360 --> 00:22:17,200
those things can't happen in the same universe.

528
00:22:17,200 --> 00:22:20,280
Those things are fucking contradictory, man.

529
00:22:20,280 --> 00:22:22,160
You can't say that at a micro scale

530
00:22:22,160 --> 00:22:25,120
that you can't have your cake and eat it too.

531
00:22:25,120 --> 00:22:26,320
And then on a macro scale,

532
00:22:26,320 --> 00:22:28,120
but you can have your cake and eat it too.

533
00:22:28,120 --> 00:22:29,960
Like, I mean, that's literally what you're,

534
00:22:29,960 --> 00:22:32,640
the Keynesianism is just so full of,

535
00:22:32,640 --> 00:22:34,120
like one after the other,

536
00:22:34,120 --> 00:22:35,960
just like ridiculous contradictions.

537
00:22:35,960 --> 00:22:37,360
And then models that are like,

538
00:22:37,360 --> 00:22:39,160
this industry only works this way.

539
00:22:39,160 --> 00:22:42,080
And it's like, no, it doesn't, no, it doesn't.

540
00:22:42,080 --> 00:22:44,640
Like physics doesn't change when it gets bigger.

541
00:22:44,640 --> 00:22:45,920
You know, that's why we literally like,

542
00:22:45,920 --> 00:22:47,440
we map out like what hurricanes are gonna do

543
00:22:47,440 --> 00:22:49,280
in like little dishes and stuff.

544
00:22:49,280 --> 00:22:51,720
Because you know, the pressures are all the same,

545
00:22:51,720 --> 00:22:53,000
like physics is the same.

546
00:22:53,000 --> 00:22:55,800
When it gets bigger, it's just bigger, you know?

547
00:22:55,800 --> 00:22:58,800
Like, and it's just was just driving us crazy.

548
00:22:58,800 --> 00:23:01,520
And he would come home and then we would debate about it.

549
00:23:01,520 --> 00:23:03,400
And he'd be like, this is what they taught me today.

550
00:23:03,400 --> 00:23:05,320
And then we would go in this rabbit hole,

551
00:23:05,320 --> 00:23:08,880
digging into economic history and like,

552
00:23:08,880 --> 00:23:10,560
we went down the MMT theory.

553
00:23:10,560 --> 00:23:14,400
In fact, modern monetary theory was far more intuitive

554
00:23:14,400 --> 00:23:16,600
originally than Keynesianism

555
00:23:16,600 --> 00:23:17,600
because it actually just takes it

556
00:23:17,600 --> 00:23:20,360
to its logical conclusion, which is far more consistent.

557
00:23:20,360 --> 00:23:23,720
It's still wrong, but it's at least far more logically consistent.

558
00:23:24,840 --> 00:23:27,880
But eventually we landed on Austrian economics.

559
00:23:27,880 --> 00:23:31,040
And at the same time, I was kind of going back

560
00:23:31,040 --> 00:23:34,200
into the tech route and doing my own little film thing

561
00:23:34,200 --> 00:23:36,160
just to get by.

562
00:23:36,160 --> 00:23:40,160
But I was suddenly realizing that peer to peer networks

563
00:23:40,160 --> 00:23:41,760
like BitTorna and these things

564
00:23:41,760 --> 00:23:44,760
had actually like fundamentally changed the world.

565
00:23:44,760 --> 00:23:46,480
And the stuff that I had just grown up thinking

566
00:23:46,480 --> 00:23:47,920
was like a fun toy.

567
00:23:47,920 --> 00:23:50,160
Like, I could, oh, I could download a movie.

568
00:23:50,160 --> 00:23:51,880
I can get free music.

569
00:23:51,880 --> 00:23:54,440
You know, like, like it was just it was just games

570
00:23:54,440 --> 00:23:57,200
and things for me. It was just toys for me.

571
00:23:57,200 --> 00:24:00,120
Suddenly, I was seeing it from a bigger picture.

572
00:24:00,120 --> 00:24:04,080
Suddenly, I was seeing the story of BitTorna

573
00:24:04,080 --> 00:24:06,760
and the story of the Internet.

574
00:24:06,760 --> 00:24:11,560
And I read the Julien Assange.

575
00:24:14,280 --> 00:24:16,400
Steal this book.

576
00:24:16,400 --> 00:24:18,720
No, that's not the one.

577
00:24:18,720 --> 00:24:20,920
This machine kills secrets.

578
00:24:20,920 --> 00:24:24,000
I started reading a bunch of the history of the cypherpunks

579
00:24:24,000 --> 00:24:24,600
and stuff like that.

580
00:24:24,600 --> 00:24:27,200
I don't even know how I got connected to it and all of that.

581
00:24:27,200 --> 00:24:29,040
But I mean, I guess it's BitTorna, right?

582
00:24:29,040 --> 00:24:30,920
You know, that was kind of the cypher part

583
00:24:30,920 --> 00:24:33,640
of the cypherpunk legacy too.

584
00:24:33,640 --> 00:24:35,720
But that was fascinating to me.

585
00:24:35,720 --> 00:24:39,080
And suddenly the story of the Internet was the story of like,

586
00:24:39,080 --> 00:24:40,960
this shit's going to change everything.

587
00:24:40,960 --> 00:24:42,760
And in a much, much bigger way.

588
00:24:42,760 --> 00:24:47,080
And it tied in a lot to how Austrian economics

589
00:24:47,080 --> 00:24:48,800
saw the world.

590
00:24:48,800 --> 00:24:50,000
The same story was there.

591
00:24:50,000 --> 00:24:55,200
The same underlying pattern was in both of those places.

592
00:24:55,200 --> 00:24:59,920
And then it kind of started to hit money.

593
00:24:59,920 --> 00:25:03,400
And money kind of became this common theme

594
00:25:03,400 --> 00:25:05,160
in a lot of these different things.

595
00:25:05,160 --> 00:25:10,320
And cypherpunks were trying to create this stateless money.

596
00:25:10,320 --> 00:25:12,440
And in Austrian economics, it's clear

597
00:25:12,440 --> 00:25:17,240
that monetary goods need to be like a chosen market.

598
00:25:17,240 --> 00:25:18,760
Good, it needs to be independent.

599
00:25:18,760 --> 00:25:20,840
And so we're going down that rabbit hole.

600
00:25:20,840 --> 00:25:24,080
And it was literally at this confluence of that

601
00:25:24,080 --> 00:25:26,200
and our libertarian journey and everything

602
00:25:26,200 --> 00:25:28,960
that Bitcoin landed in our lab.

603
00:25:28,960 --> 00:25:36,320
And Bitcoin was like this story of all the stories.

604
00:25:36,320 --> 00:25:39,840
It was everything that I was fascinated in at the time,

605
00:25:39,840 --> 00:25:42,720
both myself and my brother.

606
00:25:42,720 --> 00:25:49,160
And it was just like that first thing that just really

607
00:25:49,160 --> 00:25:51,960
cemented in my mind that the story of money

608
00:25:51,960 --> 00:25:54,720
is the story of society.

609
00:25:54,720 --> 00:25:57,200
Like, what happens to the money?

610
00:25:57,200 --> 00:25:59,600
Like, money is a prerequisite.

611
00:25:59,600 --> 00:26:03,720
Money is the glue that holds.

612
00:26:03,720 --> 00:26:05,840
Like, it's the intercellular communication

613
00:26:05,840 --> 00:26:08,320
for the organism that is society.

614
00:26:08,320 --> 00:26:10,640
And without it, it literally breaks down.

615
00:26:10,640 --> 00:26:14,000
The organism just turns into a big pile of cellular mush.

616
00:26:14,000 --> 00:26:17,480
And it becomes disparate, and it falls apart,

617
00:26:17,480 --> 00:26:19,560
and everything degrades.

618
00:26:19,560 --> 00:26:22,400
But if you have a strong money, you have an organism.

619
00:26:22,400 --> 00:26:23,920
You have a society.

620
00:26:23,920 --> 00:26:30,200
And when I realized that story, I was locked in because it's

621
00:26:30,200 --> 00:26:32,840
like this is the biggest story.

622
00:26:32,840 --> 00:26:36,440
Like, this is the biggest one that all the other stories

623
00:26:36,440 --> 00:26:37,080
depend on.

624
00:26:37,080 --> 00:26:38,520
This is the root.

625
00:26:38,520 --> 00:26:43,640
And that was just what trapped me.

626
00:26:43,640 --> 00:26:49,360
And so I would say, if I had to answer who is Guy Swan,

627
00:26:49,360 --> 00:26:51,600
I have always been trying to chase.

628
00:26:51,600 --> 00:26:56,800
I've always chased the story that enlightened more things.

629
00:26:56,800 --> 00:26:59,280
Like, what was the story that explained more

630
00:26:59,280 --> 00:27:02,400
about what I saw in the world than anything else?

631
00:27:02,400 --> 00:27:04,880
And I've just always been fascinated with story.

632
00:27:04,880 --> 00:27:08,640
And Bitcoin is the most fascinating of those stories,

633
00:27:08,640 --> 00:27:10,840
in my opinion.

634
00:27:10,840 --> 00:27:13,840
Man, that was a beautiful answer.

635
00:27:13,840 --> 00:27:19,680
And I think that so many people don't quite

636
00:27:19,680 --> 00:27:25,000
understand the fact that exactly you said that everything

637
00:27:25,000 --> 00:27:26,960
comes down to stories.

638
00:27:26,960 --> 00:27:29,720
You look at in politics, the politician

639
00:27:29,720 --> 00:27:33,520
who tells the best story, they win that election.

640
00:27:33,520 --> 00:27:36,440
Absent any funny business.

641
00:27:36,440 --> 00:27:40,760
The company that tells the best story about their products,

642
00:27:40,760 --> 00:27:44,400
their services, they have the most revenue.

643
00:27:44,400 --> 00:27:46,240
They get the most customers.

644
00:27:46,240 --> 00:27:50,800
The people that can understand their own stories well enough

645
00:27:50,800 --> 00:27:54,000
and convey them to others, they're the most successful.

646
00:27:54,000 --> 00:27:59,240
And the idea of looking at money through the lens of society's

647
00:27:59,240 --> 00:28:01,960
story, I think, is really powerful.

648
00:28:01,960 --> 00:28:07,400
Because so many people, they miss,

649
00:28:07,400 --> 00:28:10,960
most Bitcoiners are on this journey of understanding that.

650
00:28:10,960 --> 00:28:13,160
That's what falling down the rabbit hole is, I think,

651
00:28:13,160 --> 00:28:16,720
is getting down to the fact that money

652
00:28:16,720 --> 00:28:20,320
is that base layer of everything else.

653
00:28:20,320 --> 00:28:21,480
It's that foundation.

654
00:28:21,480 --> 00:28:25,440
And without that foundation, whatever you build on top of it

655
00:28:25,440 --> 00:28:27,920
is going to fall apart eventually.

656
00:28:27,920 --> 00:28:30,240
It's just you don't have a solid foundation.

657
00:28:30,240 --> 00:28:34,040
When you want to build a castle, you don't build it on quicksand,

658
00:28:34,040 --> 00:28:34,680
right?

659
00:28:34,680 --> 00:28:37,360
You build it on a solid stone foundation, preferably

660
00:28:37,360 --> 00:28:40,840
in a fortified position with high ground.

661
00:28:40,840 --> 00:28:42,480
You build it on a solid foundation

662
00:28:42,480 --> 00:28:46,280
to start so that it can last for 1,000 years.

663
00:28:46,280 --> 00:28:56,040
And so many people, they get caught up in the, let's say,

664
00:28:56,040 --> 00:28:59,880
well, the modern stories that we're told more

665
00:28:59,880 --> 00:29:03,400
to propagandize us versus the stories that

666
00:29:03,400 --> 00:29:07,480
are at the heart of every culture, of every society,

667
00:29:07,480 --> 00:29:10,680
the stories that start with money.

668
00:29:10,680 --> 00:29:12,840
And I think that a lot of people have this impression

669
00:29:12,840 --> 00:29:14,720
that you hear the old common tropes,

670
00:29:14,720 --> 00:29:17,040
money is the root of all evil, which is just

671
00:29:17,040 --> 00:29:20,200
such a ridiculous thing to say.

672
00:29:20,200 --> 00:29:24,120
Bad money is the root of a lot of bad things.

673
00:29:24,120 --> 00:29:28,960
But it's ultimately, again, it comes down to that foundation.

674
00:29:28,960 --> 00:29:33,440
Do we have a solid foundation on which good things can be built?

675
00:29:33,440 --> 00:29:37,240
So I think that it's really important to take a deeper

676
00:29:37,240 --> 00:29:40,760
dive, to look at these stories that society tells us,

677
00:29:40,760 --> 00:29:43,440
but also that we tell ourselves.

678
00:29:43,440 --> 00:29:46,240
Because I mean, stories, narratives

679
00:29:46,240 --> 00:29:48,640
are what shape our world.

680
00:29:48,640 --> 00:29:52,280
And one thing that I wanted to pick your brain on a little bit,

681
00:29:52,280 --> 00:29:56,560
which is kind of a perfect transition when it comes to stories,

682
00:29:56,560 --> 00:29:59,000
is I read just actually this morning,

683
00:29:59,000 --> 00:30:04,160
listened to your read of the CTIL and the Censorship

684
00:30:04,160 --> 00:30:10,480
Industrial Complex thread, which was fascinating.

685
00:30:10,480 --> 00:30:13,360
And that is all about stories.

686
00:30:13,360 --> 00:30:17,320
That's all about who's allowed to tell the stories, what

687
00:30:17,320 --> 00:30:20,160
constitutes a true story, and what

688
00:30:20,160 --> 00:30:24,760
is an undesirable story told by undesirable people who should

689
00:30:24,760 --> 00:30:28,400
probably just be quieted down for the greater good.

690
00:30:28,400 --> 00:30:31,840
So I'd love to shift gears into that a little bit.

691
00:30:31,840 --> 00:30:35,000
For anyone listening, if you haven't checked out guys read

692
00:30:35,000 --> 00:30:37,920
on this, I believe it's CTIL and the Censorship Industrial

693
00:30:37,920 --> 00:30:39,560
Complex is the title of it.

694
00:30:39,560 --> 00:30:43,400
It's, I think, maybe your most recent or second most recent.

695
00:30:43,400 --> 00:30:45,240
781, maybe?

696
00:30:45,240 --> 00:30:46,280
OK, so 780.

697
00:30:46,280 --> 00:30:47,840
The folder open.

698
00:30:47,840 --> 00:30:49,200
Look at how working hard you are now.

699
00:30:49,200 --> 00:30:50,440
781.

700
00:30:50,440 --> 00:30:51,280
781.

701
00:30:51,280 --> 00:30:54,320
But yeah, check that out for the full read on this,

702
00:30:54,320 --> 00:30:55,720
because it's fantastic.

703
00:30:55,720 --> 00:31:00,200
But I was listening to your take on that too at the end

704
00:31:00,200 --> 00:31:00,840
of the episode.

705
00:31:00,840 --> 00:31:03,720
And it's a really fascinating thing,

706
00:31:03,720 --> 00:31:05,880
because there was one line that came out of there,

707
00:31:05,880 --> 00:31:07,600
one of the quotes from one of these people.

708
00:31:07,600 --> 00:31:08,880
I forget what her name was.

709
00:31:08,880 --> 00:31:12,360
But the idea that repetition is truth.

710
00:31:12,360 --> 00:31:14,640
And I thought that was such a telling statement.

711
00:31:14,640 --> 00:31:15,440
Yeah, I think tarp.

712
00:31:15,440 --> 00:31:16,280
A statement.

713
00:31:16,280 --> 00:31:17,280
Yeah.

714
00:31:17,280 --> 00:31:17,760
Trap.

715
00:31:17,760 --> 00:31:18,560
Trap.

716
00:31:18,560 --> 00:31:20,560
I don't know if it's something like that.

717
00:31:20,560 --> 00:31:22,200
I mean, that's memetics, right?

718
00:31:22,200 --> 00:31:25,000
That's just copying the same thing over and over

719
00:31:25,000 --> 00:31:28,440
until enough people believe that it's true.

720
00:31:28,440 --> 00:31:31,040
And we see that across the political spectrum

721
00:31:31,040 --> 00:31:35,160
today on every single side of the aisle, how many sides there

722
00:31:35,160 --> 00:31:36,240
are.

723
00:31:36,240 --> 00:31:40,200
But yeah, it depends on what country you're in, I suppose.

724
00:31:40,200 --> 00:31:44,720
But I'd love to get your thoughts on that.

725
00:31:44,720 --> 00:31:48,120
Now that you've got that piece fully digested.

726
00:31:48,120 --> 00:31:50,600
And again, because you've read more about Bitcoin

727
00:31:50,600 --> 00:31:54,280
than anyone I know, where do you see,

728
00:31:54,280 --> 00:31:57,480
I mean, do you see this situation getting much, much

729
00:31:57,480 --> 00:31:59,720
worse before it gets better in terms

730
00:31:59,720 --> 00:32:04,320
of the attempted control of, quote, truth?

731
00:32:04,320 --> 00:32:09,760
Or do you think people are starting to push back more now?

732
00:32:09,760 --> 00:32:10,760
Both.

733
00:32:10,760 --> 00:32:11,480
Yeah.

734
00:32:11,480 --> 00:32:12,480
Both.

735
00:32:12,480 --> 00:32:13,080
Yeah, fair.

736
00:32:13,080 --> 00:32:16,200
So I certainly think it's going to get worse

737
00:32:16,200 --> 00:32:17,680
before it gets better.

738
00:32:17,680 --> 00:32:22,480
But the crazy thing is how quickly, as much as everybody

739
00:32:22,480 --> 00:32:27,120
gives Twitter or X whatever shit,

740
00:32:27,120 --> 00:32:31,000
and obviously it's not a solution.

741
00:32:31,000 --> 00:32:33,000
It can't be.

742
00:32:33,000 --> 00:32:35,560
Whatever the solution is, is a technological solution.

743
00:32:35,560 --> 00:32:38,800
It has to be a decentralized or a peer-to-peer solution.

744
00:32:38,800 --> 00:32:47,160
Because any center is 100% going to fall, necessarily.

745
00:32:47,160 --> 00:32:49,400
And I mean, that's what we've seen.

746
00:32:49,400 --> 00:32:51,680
That's been the story of the last 15, 20 years,

747
00:32:51,680 --> 00:32:59,000
is watching the bandwidth of narrative control

748
00:32:59,000 --> 00:33:03,920
shift to an open platform where the users actually guided

749
00:33:03,920 --> 00:33:07,240
what information got propagated.

750
00:33:07,240 --> 00:33:10,320
People don't realize that this was both an innovation.

751
00:33:10,320 --> 00:33:13,320
This was like a huge deal when it first came out.

752
00:33:13,320 --> 00:33:15,360
It was one of the critical things that made

753
00:33:15,360 --> 00:33:20,840
the concept of social movement of information possible.

754
00:33:20,840 --> 00:33:24,040
And then it was also what completely dominated

755
00:33:24,040 --> 00:33:28,400
the cable news, like everything, the way information flowed.

756
00:33:28,400 --> 00:33:29,840
It was a retweet.

757
00:33:29,840 --> 00:33:31,600
It was the share button.

758
00:33:31,600 --> 00:33:35,240
Is I'm going to take this from your social graph,

759
00:33:35,240 --> 00:33:37,800
and I'm going to stamp it on my social graph.

760
00:33:37,800 --> 00:33:39,080
And it's going to now travel.

761
00:33:39,080 --> 00:33:43,280
Like before that, the notion of virality

762
00:33:43,280 --> 00:33:45,640
occurred because of that button.

763
00:33:45,640 --> 00:33:50,560
And that completely changed the story

764
00:33:50,560 --> 00:33:55,240
of how information flowed through society.

765
00:33:55,240 --> 00:33:57,560
Granted, the network was still small.

766
00:33:57,560 --> 00:33:59,800
But through that network, information

767
00:33:59,800 --> 00:34:03,720
traveled in a completely different way.

768
00:34:03,720 --> 00:34:09,200
And what it was slowly doing as everybody got smartphones

769
00:34:09,200 --> 00:34:13,840
and the devices changed to where when we became truly all

770
00:34:13,840 --> 00:34:14,360
connected.

771
00:34:14,360 --> 00:34:16,760
And you think about this is literally a 15 year.

772
00:34:16,760 --> 00:34:19,640
iPhone was 2009, man.

773
00:34:19,640 --> 00:34:21,600
2009.

774
00:34:21,600 --> 00:34:25,200
Like this just got started.

775
00:34:25,200 --> 00:34:27,680
Like the door opened an hour ago,

776
00:34:27,680 --> 00:34:29,280
and we just walked through it.

777
00:34:29,280 --> 00:34:34,400
We're watching the case of, I would definitely recommend,

778
00:34:34,400 --> 00:34:37,320
if you haven't read it, Michael Saylor's book, Mobile Wave.

779
00:34:37,320 --> 00:34:39,720
It's really good.

780
00:34:39,720 --> 00:34:42,720
But this just started.

781
00:34:42,720 --> 00:34:43,760
This just started.

782
00:34:43,760 --> 00:34:49,440
Like really, 2016 and Trump was really the first election

783
00:34:49,440 --> 00:34:57,000
that truly was most heavily driven by social media.

784
00:34:57,000 --> 00:35:01,160
In the sense that it was a more dominant fact.

785
00:35:01,160 --> 00:35:04,760
Like Trump won because of his tweets.

786
00:35:04,760 --> 00:35:08,680
Trump did not won because of his exposure on cable news.

787
00:35:08,680 --> 00:35:10,720
Or ABC or see it.

788
00:35:10,720 --> 00:35:12,680
Like none of that stuff had anything

789
00:35:12,680 --> 00:35:14,120
to do with why he won.

790
00:35:14,120 --> 00:35:17,720
He won because he talked shit on social media.

791
00:35:17,720 --> 00:35:19,680
And everybody was sick.

792
00:35:19,680 --> 00:35:21,480
Everybody just started to see.

793
00:35:21,480 --> 00:35:23,960
So one of those things is why it's the death of,

794
00:35:23,960 --> 00:35:25,720
we're in the era of the death of celebrity.

795
00:35:25,720 --> 00:35:29,680
Because now we get to see celebrities out of there.

796
00:35:29,680 --> 00:35:35,240
The perfect lighting and like after the PR, you know,

797
00:35:35,240 --> 00:35:39,800
focus group tested comments and the scripted out late night

798
00:35:39,800 --> 00:35:41,960
talk shows, they just go on Instagram

799
00:35:41,960 --> 00:35:44,000
and they just like video themselves.

800
00:35:44,000 --> 00:35:46,240
Like and just say some crazy shit

801
00:35:46,240 --> 00:35:49,000
and it's like some psychotic political mess

802
00:35:49,000 --> 00:35:52,520
and then start like, you know, lambasting everybody else

803
00:35:52,520 --> 00:35:54,440
for eating too much meat or doing whatever.

804
00:35:54,440 --> 00:35:56,080
And it's like, bitch, what are you?

805
00:35:56,080 --> 00:35:57,200
What?

806
00:35:57,200 --> 00:35:58,280
What are you?

807
00:35:58,280 --> 00:36:00,440
Why the fuck would I listen to you?

808
00:36:00,440 --> 00:36:03,040
You know, and so it's just killed all of that.

809
00:36:03,040 --> 00:36:06,240
It's completely changing our frame of reference

810
00:36:06,240 --> 00:36:11,280
for what is important and who is the owner of the truth?

811
00:36:11,280 --> 00:36:13,800
Who is the who is the owner of the narrative?

812
00:36:13,800 --> 00:36:15,960
And it's extremely similar.

813
00:36:15,960 --> 00:36:17,960
It's just kind of an order of magnitude,

814
00:36:17,960 --> 00:36:20,800
a larger bandwidth, but it's extremely similar

815
00:36:20,800 --> 00:36:22,040
to what happened during the Renaissance

816
00:36:22,040 --> 00:36:23,760
and the printing press era.

817
00:36:23,760 --> 00:36:29,000
Is that the church used to be the authority

818
00:36:29,000 --> 00:36:31,720
and what the Bible said.

819
00:36:31,720 --> 00:36:33,560
And I can't, I wish I could remember the statistic.

820
00:36:33,560 --> 00:36:35,720
I think it was Turta Meester's piece, actually.

821
00:36:35,720 --> 00:36:41,440
Um, no, that one was on the Reformation.

822
00:36:41,440 --> 00:36:44,640
Who had the printing press?

823
00:36:44,640 --> 00:36:47,200
Crap, I don't remember it, but I remember,

824
00:36:47,200 --> 00:36:48,800
I don't remember the exact statistic,

825
00:36:48,800 --> 00:36:51,680
but I remember how profound the statistic was.

826
00:36:51,680 --> 00:36:54,040
I'm gonna have to dig back through and find it again,

827
00:36:54,040 --> 00:36:57,200
but that over, I believe it was the 16th century,

828
00:36:57,200 --> 00:36:58,800
so it was the 1500s.

829
00:36:58,800 --> 00:37:00,000
Like at the beginning of the 1500s,

830
00:37:00,000 --> 00:37:01,680
to the end of the 1500s,

831
00:37:01,680 --> 00:37:05,320
is the literacy rate literally went from sub 10%.

832
00:37:05,320 --> 00:37:08,600
It was like, like literally like four or 5%

833
00:37:08,600 --> 00:37:14,280
to over 80, upwards of 90%, like in one century.

834
00:37:14,280 --> 00:37:16,880
And suddenly the whole of the,

835
00:37:16,880 --> 00:37:19,080
and it was in obviously in a particular area too,

836
00:37:19,080 --> 00:37:22,440
like it was like in that society or what,

837
00:37:22,440 --> 00:37:25,280
and I wasn't like the whole world.

838
00:37:25,280 --> 00:37:29,320
But like the authority of the church was gone.

839
00:37:29,320 --> 00:37:31,760
It hadn't played out yet.

840
00:37:31,760 --> 00:37:36,160
Just like in our case, it hasn't played out entirely yet,

841
00:37:36,160 --> 00:37:37,200
but the authority is gone.

842
00:37:37,200 --> 00:37:40,280
They don't control the bandwidth for information.

843
00:37:40,280 --> 00:37:43,640
Now anybody in that era could read the Bible

844
00:37:43,640 --> 00:37:46,720
or read anything and come up with their own interpretation

845
00:37:46,720 --> 00:37:49,200
and then just be like, yeah, what they told us in church

846
00:37:49,200 --> 00:37:50,480
is actually bullshit.

847
00:37:50,480 --> 00:37:52,680
Like it says right here.

848
00:37:52,680 --> 00:37:55,680
And I know what these words mean, you know, like,

849
00:37:55,680 --> 00:37:58,600
and that is not, that's not, that is not all at all

850
00:37:58,600 --> 00:37:59,440
what this says.

851
00:38:00,760 --> 00:38:02,760
And that's when you have, you know,

852
00:38:02,760 --> 00:38:04,320
you literally have the reformation,

853
00:38:04,320 --> 00:38:09,200
you have the Renaissance, you like the 300 years post that

854
00:38:09,200 --> 00:38:13,280
was insane specifically because you just had

855
00:38:13,280 --> 00:38:18,280
millions and millions of minds interpreting and challenging

856
00:38:19,400 --> 00:38:24,400
and iterating on ideas that had been gate kept before,

857
00:38:24,640 --> 00:38:27,080
that did not have access.

858
00:38:27,080 --> 00:38:31,200
That is what we've seen over the last really 14 years.

859
00:38:31,200 --> 00:38:33,400
It's not even 15 yet.

860
00:38:33,400 --> 00:38:38,200
And that is scaring the shit.

861
00:38:38,200 --> 00:38:42,680
I have everybody who lives in the little gatekeeper community.

862
00:38:42,680 --> 00:38:45,280
And they've been used to that power

863
00:38:45,280 --> 00:38:47,600
and they still thought they had it.

864
00:38:47,600 --> 00:38:52,200
And I think it was really 2016 that made them lose

865
00:38:52,200 --> 00:38:56,440
their absolute minds and we saw it in the mainstream media.

866
00:38:56,440 --> 00:39:00,120
And now they're panicking because nobody's listening

867
00:39:00,120 --> 00:39:02,200
to the mainstream media anymore.

868
00:39:02,200 --> 00:39:04,480
There is a larger swath of people

869
00:39:04,480 --> 00:39:06,640
and specifically the people who matter

870
00:39:06,640 --> 00:39:08,120
in the sense that the people who just did

871
00:39:08,120 --> 00:39:10,280
whatever the mainstream media told them to do

872
00:39:10,280 --> 00:39:12,480
almost always amount to nothing anyway.

873
00:39:12,480 --> 00:39:16,520
They're just waiting, they're the ask for permission people.

874
00:39:16,520 --> 00:39:21,520
And so what we have is a massive wave against that.

875
00:39:22,760 --> 00:39:26,720
But the analogy I like to use is that

876
00:39:26,720 --> 00:39:29,320
an abusive relationship is most abusive

877
00:39:29,320 --> 00:39:32,560
when both parties realize it's over.

878
00:39:32,560 --> 00:39:35,200
Like that's when it gets really bad.

879
00:39:35,200 --> 00:39:40,080
Because the one who is used to being the abuser

880
00:39:40,080 --> 00:39:43,600
and used to having someone that reveres them,

881
00:39:43,600 --> 00:39:46,640
looks up to them and fears them

882
00:39:46,640 --> 00:39:48,560
and does what they're told,

883
00:39:48,560 --> 00:39:52,240
panics when they realize they're not important anymore.

884
00:39:52,240 --> 00:39:55,240
When nobody's going to listen to them.

885
00:39:55,240 --> 00:39:59,080
And that's when they get extra angry, extra jealous

886
00:39:59,080 --> 00:40:02,160
and beat the crap out of them on the weekends

887
00:40:02,160 --> 00:40:05,200
and Tuesdays and Wednesdays just for fun.

888
00:40:05,200 --> 00:40:09,160
And that is unfortunately the era that I think we're in

889
00:40:09,160 --> 00:40:12,320
when we look at it from a psychological point of view.

890
00:40:12,320 --> 00:40:15,440
The gatekeepers are trying to figure out

891
00:40:15,440 --> 00:40:17,320
where to put their gates back up.

892
00:40:17,320 --> 00:40:21,160
I mean, in the CTIL files, they literally say it.

893
00:40:21,160 --> 00:40:23,960
And that was one of the crazy things is like,

894
00:40:23,960 --> 00:40:26,480
it's like this unspoken, it's like,

895
00:40:26,480 --> 00:40:29,120
oh, it's a conspiracy theory to think that all mainstream

896
00:40:29,120 --> 00:40:30,760
media, that the corporate media is all like

897
00:40:30,760 --> 00:40:33,520
giving the same narrative when they literally say

898
00:40:33,520 --> 00:40:36,280
in the thing, the government used to have control

899
00:40:36,280 --> 00:40:39,200
over the media because it was just ABC and CNBC.

900
00:40:39,200 --> 00:40:42,400
Like, you know, like she literally writes it out.

901
00:40:42,400 --> 00:40:45,600
When we had control over all of the major media,

902
00:40:45,600 --> 00:40:49,240
everything was fine, but now everybody goes on Twitter.

903
00:40:49,240 --> 00:40:53,160
And it's like, oh my God, you're literally saying,

904
00:40:53,160 --> 00:40:56,040
you're saying out loud exactly what you have claimed

905
00:40:56,040 --> 00:40:57,720
was a conspiracy theory.

906
00:40:57,720 --> 00:41:01,240
No, the narrative was intact.

907
00:41:01,240 --> 00:41:03,600
The narrative was intact because there was not enough

908
00:41:03,600 --> 00:41:07,880
bandwidth around the major broadcasting companies,

909
00:41:07,880 --> 00:41:12,880
around the major, around broadcast television.

910
00:41:13,080 --> 00:41:14,720
You know, think about it.

911
00:41:14,720 --> 00:41:19,480
1989, how did a million, how could you ever have anything

912
00:41:19,480 --> 00:41:20,760
that a million people saw?

913
00:41:23,520 --> 00:41:25,600
If you didn't get released in a theater,

914
00:41:25,600 --> 00:41:28,080
you didn't get published on broadcast TV

915
00:41:28,080 --> 00:41:32,080
or you didn't get nationally syndicated radio,

916
00:41:32,080 --> 00:41:34,280
there's no, not possible, it's just not possible.

917
00:41:34,280 --> 00:41:36,160
There were no avenues for it.

918
00:41:36,160 --> 00:41:40,640
And those, the amount of choke hold,

919
00:41:40,640 --> 00:41:44,040
like the choke points in those three,

920
00:41:44,040 --> 00:41:47,200
you're talking about like barely a handful

921
00:41:47,200 --> 00:41:49,560
of major corporations that basically own

922
00:41:49,560 --> 00:41:54,560
every single platform in which the reach of a million people

923
00:41:54,840 --> 00:41:59,200
was even considered, was even like a possibility.

924
00:41:59,200 --> 00:42:04,200
Today, every single person on every single social media

925
00:42:05,560 --> 00:42:10,560
could say something clever or that just triggers,

926
00:42:10,560 --> 00:42:13,480
triggers the right thought at the right time.

927
00:42:14,200 --> 00:42:18,640
And 200 million people could see it in a matter of hours.

928
00:42:19,920 --> 00:42:23,120
I mean, look at your dollar ain't shit.

929
00:42:23,120 --> 00:42:24,920
Look at Richmond, north of Richmond.

930
00:42:24,920 --> 00:42:29,520
Like just think about that.

931
00:42:30,640 --> 00:42:33,720
Like read about that story, like look, were you there?

932
00:42:33,720 --> 00:42:37,400
Did you watch that happen in like four days?

933
00:42:38,280 --> 00:42:39,840
He went from nothing.

934
00:42:41,120 --> 00:42:44,320
He went from nothing to chilling and talking to Joe Rogan.

935
00:42:46,000 --> 00:42:48,240
And I think everybody like really discounts that

936
00:42:50,760 --> 00:42:52,760
Joe Rogan is the largest media,

937
00:42:52,760 --> 00:42:54,760
is the largest bandwidth media on the planet.

938
00:42:56,160 --> 00:42:57,760
Nobody has the listenership.

939
00:42:57,760 --> 00:43:02,760
Nobody, not 60 minutes, not nothing on Fox News.

940
00:43:04,040 --> 00:43:05,160
Nobody.

941
00:43:05,160 --> 00:43:10,160
Joe Rogan has the Joe Rogan fear factor guy, you know,

942
00:43:11,160 --> 00:43:16,160
the fear factor, dude, has the largest media enterprise

943
00:43:17,480 --> 00:43:21,160
essentially on the planet and it's not owned.

944
00:43:21,160 --> 00:43:23,560
Like it's not, it's not corporate owned.

945
00:43:23,560 --> 00:43:26,760
Like the closest thing is Spotify has like an exclusive

946
00:43:26,760 --> 00:43:29,160
on publishing, but it's still just an RSS feed.

947
00:43:31,160 --> 00:43:32,760
Like, and they paid how much for that?

948
00:43:32,760 --> 00:43:34,760
You know, it's like how many, it was like a billion.

949
00:43:34,760 --> 00:43:36,560
Wasn't it like 400 million?

950
00:43:36,560 --> 00:43:37,760
Like it was something insane.

951
00:43:37,760 --> 00:43:38,760
It was retarded.

952
00:43:38,760 --> 00:43:39,760
It was retarded.

953
00:43:39,760 --> 00:43:40,760
It was retarded.

954
00:43:40,760 --> 00:43:44,760
But the bandwidth is around, is out of their control now.

955
00:43:44,760 --> 00:43:46,760
And this is the same thing that Big Bang did.

956
00:43:46,760 --> 00:43:47,960
And it's like, it's like,

957
00:43:47,960 --> 00:43:51,360
it's out of their control now and this is the same thing

958
00:43:51,360 --> 00:43:52,360
that Bitcoin does.

959
00:43:54,160 --> 00:43:56,960
And what they are trying to do,

960
00:43:56,960 --> 00:44:00,160
we've reconsolidated into centralized platforms,

961
00:44:00,160 --> 00:44:04,360
but what they are mad about and again, explicitly what they

962
00:44:04,360 --> 00:44:06,960
say, this is the crazy thing is that their narrative

963
00:44:06,960 --> 00:44:08,760
is just that they're the good guys.

964
00:44:08,760 --> 00:44:11,960
And if there is a narrative that is contradictory to them,

965
00:44:11,960 --> 00:44:13,560
then it's the bad guys.

966
00:44:13,560 --> 00:44:18,360
And that, I mean, they call it cognitive security,

967
00:44:18,360 --> 00:44:20,360
cognitive security.

968
00:44:20,360 --> 00:44:24,360
If I had to come up with a silly euphemism for a story

969
00:44:24,360 --> 00:44:27,560
for thought control, that's what I'd use.

970
00:44:27,560 --> 00:44:29,760
Cognitive security.

971
00:44:29,760 --> 00:44:30,960
It gets almost comical.

972
00:44:30,960 --> 00:44:32,360
Are you fucking kidding me?

973
00:44:32,360 --> 00:44:33,760
Like it sounds like a Joe,

974
00:44:33,760 --> 00:44:37,560
it sounds like a Babylon B article about them.

975
00:44:37,560 --> 00:44:42,360
And what they lay out is that you have to control the narrative

976
00:44:42,360 --> 00:44:46,160
because dangerous, dangerous things, which they even,

977
00:44:46,160 --> 00:44:50,160
she even said in a podcast, she specifically said,

978
00:44:50,160 --> 00:44:53,160
a lot of misinformation is actually true,

979
00:44:53,160 --> 00:44:56,160
but it's told in the wrong context.

980
00:44:56,160 --> 00:45:00,760
They basically, they give you the wrong conclusion from the fact

981
00:45:00,760 --> 00:45:02,760
and therefore it's misinformation.

982
00:45:02,760 --> 00:45:07,160
And that makes it worthy of removal, of being shut down,

983
00:45:07,160 --> 00:45:11,760
of being censored, of being quietly and backdoor kicked off

984
00:45:11,760 --> 00:45:15,960
of social media platforms and bank accounts shut down.

985
00:45:15,960 --> 00:45:17,560
These are the methods that they talk about.

986
00:45:17,560 --> 00:45:21,760
Oh, and one of the preemptive things in their documents

987
00:45:21,760 --> 00:45:24,560
for like laying out their strategies,

988
00:45:24,560 --> 00:45:28,560
and which is basically, it's been a bunch of government strategies.

989
00:45:28,560 --> 00:45:31,760
Like I can't remember the name that they,

990
00:45:31,760 --> 00:45:34,160
one of the ones was called disarm,

991
00:45:34,160 --> 00:45:36,760
but it's literally just like intelligence,

992
00:45:36,760 --> 00:45:38,560
like military intelligence strategies.

993
00:45:38,560 --> 00:45:40,160
They've just kind of like repackaged it.

994
00:45:40,160 --> 00:45:42,560
And then now they call it a nonprofit and they say like,

995
00:45:42,560 --> 00:45:44,960
oh, we're just, there's thousands of us getting together

996
00:45:44,960 --> 00:45:47,560
all for volunteer purposes to, you know,

997
00:45:47,560 --> 00:45:50,960
to just make sure truth rises to the top.

998
00:45:50,960 --> 00:45:55,560
But literally one of like their main tactic is defame,

999
00:45:55,560 --> 00:45:59,960
is to literally ridicule and discredit

1000
00:45:59,960 --> 00:46:03,960
as soon as someone challenges the quote unquote narrative.

1001
00:46:03,960 --> 00:46:05,560
And one of the first things that they went against

1002
00:46:05,560 --> 00:46:07,560
was everybody who said lockdowns wouldn't work.

1003
00:46:07,560 --> 00:46:10,360
Anybody who was anti-lockdown was an enemy.

1004
00:46:10,360 --> 00:46:13,160
It was an enemy of the people.

1005
00:46:13,160 --> 00:46:17,960
And like the narrative that they tell is so sociopathic.

1006
00:46:17,960 --> 00:46:24,360
Like it's so blindly, like if the narrative is different from us,

1007
00:46:24,360 --> 00:46:29,360
it's like one of the examples that like had popped into my head was,

1008
00:46:29,360 --> 00:46:31,760
did you ever read and dig into the climate gate stuff

1009
00:46:31,760 --> 00:46:33,360
back when it was revealed?

1010
00:46:33,360 --> 00:46:37,160
I don't know, like it's like the emails that went around saying

1011
00:46:37,160 --> 00:46:39,360
like, listen, like basically them saying like,

1012
00:46:39,360 --> 00:46:43,160
we need to massage this data to make it tell the story we want it to.

1013
00:46:43,160 --> 00:46:47,560
Yeah, there was extremely, like, I mean, like the trove of stuff

1014
00:46:47,560 --> 00:46:51,060
of like, we should not start this chart at zero

1015
00:46:51,060 --> 00:46:54,860
because it's going to look like this is not important.

1016
00:46:54,860 --> 00:46:58,060
Like, so we're going to have to, we need, we need to make sure it looks like this.

1017
00:46:58,060 --> 00:47:01,560
And if you start your start date, like, like one of the ones that was crazy to me

1018
00:47:01,560 --> 00:47:05,260
was that like based on like their timeframe,

1019
00:47:05,260 --> 00:47:07,560
like it literally what they were trying to,

1020
00:47:07,560 --> 00:47:09,960
what they were trying to show could actually be lower than the other.

1021
00:47:09,960 --> 00:47:12,060
It's like one of those things where your reference point is the only thing

1022
00:47:12,060 --> 00:47:13,360
that actually matters.

1023
00:47:13,360 --> 00:47:16,860
And so they were like, make sure you use, it's chartlytics, you know,

1024
00:47:16,860 --> 00:47:20,960
like it's just like, how do you just make it look like the story you're trying to tell?

1025
00:47:20,960 --> 00:47:26,460
And they would literally say it's too dangerous for us to just blanket give them the data

1026
00:47:26,460 --> 00:47:30,060
without making sure that it looks this way because people will interpret it

1027
00:47:30,060 --> 00:47:33,060
and correct, they'll come to the wrong conclusion.

1028
00:47:33,060 --> 00:47:35,260
And this is that same, it's that same mentality.

1029
00:47:35,260 --> 00:47:42,760
It's the gatekeepers have already determined that the conclusion is worth manipulating the evidence.

1030
00:47:42,760 --> 00:47:48,460
That what they already know about what the data should show them

1031
00:47:48,460 --> 00:47:53,960
is worthy of manipulating what everyone else is able to see.

1032
00:47:53,960 --> 00:48:02,960
And so at the end of the day, doesn't matter how benevolent Elon is

1033
00:48:02,960 --> 00:48:08,860
and it doesn't matter how great what he did was Twitter again is just no solution.

1034
00:48:08,860 --> 00:48:13,460
And the censorship industrial, the CTIL stuff, which is just a drop in the bucket.

1035
00:48:13,460 --> 00:48:16,760
It's a drop in a massive massive bucket of everything that's going on.

1036
00:48:16,760 --> 00:48:18,660
The Twitter files, the Facebook files, all of it.

1037
00:48:18,660 --> 00:48:26,860
It's very, very clear that this is a system, a systemic and widely, widely used apparatus

1038
00:48:26,860 --> 00:48:32,760
or set of methods for just shutting down anybody that disagrees with the mainstream.

1039
00:48:32,760 --> 00:48:35,160
But the thing is, is it's working less and less.

1040
00:48:35,160 --> 00:48:37,460
It's being exposed more and more.

1041
00:48:37,460 --> 00:48:39,460
They will get worse.

1042
00:48:39,460 --> 00:48:41,460
They will get more violent.

1043
00:48:41,460 --> 00:48:42,560
They will.

1044
00:48:42,560 --> 00:48:46,160
The hammer will come down a lot faster and harder.

1045
00:48:46,160 --> 00:48:53,560
But also a lot less people will will listen and a lot more people will be pointing out the hammer.

1046
00:48:53,560 --> 00:48:58,160
I think I think we literally get both at the exact same time because the more aggressive

1047
00:48:58,160 --> 00:49:05,960
and abusive they get and more censoring they get, the more everybody just realizes that,

1048
00:49:05,960 --> 00:49:07,460
okay, yeah, this was just a scam.

1049
00:49:07,460 --> 00:49:13,060
Like this, this was all horseshit and they've been lying to us.

1050
00:49:13,060 --> 00:49:20,060
But the crazy thing though is that Elon was a real wrench in their plans.

1051
00:49:20,060 --> 00:49:28,060
I think there's been a lot of wrenches, but Elon was a particularly public one.

1052
00:49:28,060 --> 00:49:33,260
Because I mean, it had had Elon not taken over Twitter.

1053
00:49:33,260 --> 00:49:35,260
We wouldn't have had the Twitter files.

1054
00:49:35,260 --> 00:49:36,760
Like it would have all been conspiracy.

1055
00:49:36,760 --> 00:49:42,460
I mean, the number of people that were saying that this was happening and the number of people

1056
00:49:42,460 --> 00:49:49,160
who were explicitly involved in the Twitter files who publicly just demeaned and said,

1057
00:49:49,160 --> 00:49:50,660
you people are lunatics.

1058
00:49:50,660 --> 00:49:52,560
You're all conspiracy theorists.

1059
00:49:52,560 --> 00:49:52,860
I can't.

1060
00:49:52,860 --> 00:49:54,860
Oh, yeah, we're censoring.

1061
00:49:54,860 --> 00:49:57,660
And then literally they had names for it.

1062
00:49:57,660 --> 00:50:02,460
They had they had they had like replacement words so that they didn't say censor.

1063
00:50:02,460 --> 00:50:04,760
You know, like what was what was the one for shadow banning?

1064
00:50:04,760 --> 00:50:08,560
It was like attention filtering or some shit like that.

1065
00:50:08,560 --> 00:50:12,360
Like it was exactly what was crazy.

1066
00:50:12,360 --> 00:50:16,160
It was exactly all of the stuff everybody was saying was happening.

1067
00:50:16,160 --> 00:50:19,360
And had that not been the case that that had actually been.

1068
00:50:19,360 --> 00:50:22,560
I mean, he had to spend $40 billion to find out what was going on.

1069
00:50:22,560 --> 00:50:26,960
And I really kind of think that's why he did it as that he was just he was just like,

1070
00:50:26,960 --> 00:50:31,060
this has to be this has to be happening, you know.

1071
00:50:31,060 --> 00:50:35,360
And but that was.

1072
00:50:35,360 --> 00:50:39,760
I really kind of think, you know, there's there's always like those those moments

1073
00:50:39,760 --> 00:50:44,260
where the pressure is building and the tide starts to turn.

1074
00:50:44,260 --> 00:50:50,460
But I literally think that's going to be seen in hindsight as a major major moment

1075
00:50:50,460 --> 00:50:54,460
in which the tipping like like it was just like they were just like dead even.

1076
00:50:54,460 --> 00:51:01,360
And then it was just like it just crossed right at that moment because it just.

1077
00:51:01,360 --> 00:51:09,960
The conspiracy theorist jar of just like, man, we're winning just started a pile up.

1078
00:51:09,960 --> 00:51:11,960
So overflowing now.

1079
00:51:11,960 --> 00:51:13,360
It is overflowing.

1080
00:51:13,360 --> 00:51:15,860
It is absolutely overflowing.

1081
00:51:15,860 --> 00:51:21,660
But that's why so I believe that was like a really important shift.

1082
00:51:21,660 --> 00:51:28,560
And I actually have I have to tip my hat that what happened on Twitter was actually

1083
00:51:28,560 --> 00:51:31,860
a really, really big deal in the shifting of the tide.

1084
00:51:31,860 --> 00:51:34,660
But.

1085
00:51:34,660 --> 00:51:37,460
But that's not going to move the ocean.

1086
00:51:37,460 --> 00:51:40,960
Like at the end of the day, it just becomes their biggest vulnerability.

1087
00:51:40,960 --> 00:51:46,160
And they've got a big stick and they've got an easy head, you know.

1088
00:51:46,160 --> 00:51:50,460
And that's going to come down at some point in some way.

1089
00:51:50,460 --> 00:51:56,460
And he's already had to, you know, I think it was like France, China.

1090
00:51:56,460 --> 00:52:00,960
Like there's been like four or five countries where he's like started specifically censoring

1091
00:52:00,960 --> 00:52:02,960
special to that country.

1092
00:52:02,960 --> 00:52:08,960
And like because it's illegal to say some hate speech thing over in this place and you can't,

1093
00:52:08,960 --> 00:52:11,960
you know, can't say anything bad about G and all that stuff.

1094
00:52:11,960 --> 00:52:14,960
So it's already it's already dead.

1095
00:52:14,960 --> 00:52:19,460
I mean, it's like it's already trending back to where it was.

1096
00:52:19,460 --> 00:52:25,760
But it was just a fascinating and still remains particularly in the US, a counterbalancing force,

1097
00:52:25,760 --> 00:52:33,460
a massive bandwidth around what is approved narrative still still continues to be that.

1098
00:52:33,460 --> 00:52:36,260
But Nostra is the only thing that's actually a solution.

1099
00:52:36,260 --> 00:52:41,660
Nostra and hole punch like it fundamentally has to be a protocol.

1100
00:52:41,660 --> 00:52:46,860
It has to be whatever the solution to platforms is.

1101
00:52:46,860 --> 00:52:51,660
And right now there's not the bandwidth for it, you know, it's like 100,000 active users, maybe on Nostra.

1102
00:52:51,660 --> 00:52:56,460
I think we've got a little more than that now, but it's it's still a drop in the bucket, relatively speaking.

1103
00:52:56,460 --> 00:52:57,860
Yeah, it's small.

1104
00:52:57,860 --> 00:52:58,860
It's small.

1105
00:52:58,860 --> 00:53:01,860
Yeah, but it's working.

1106
00:53:01,860 --> 00:53:05,360
It's working and it has no center.

1107
00:53:05,360 --> 00:53:11,460
But I think we've I think we are and will solve that problem.

1108
00:53:11,460 --> 00:53:19,960
And just like in 2009, you could potentially see 2009, 2010, that social media was going to be the new bandwidth,

1109
00:53:19,960 --> 00:53:26,560
that the story was going to shift how the story was forming was going to shift down this new river.

1110
00:53:26,560 --> 00:53:30,060
It was all is just a little stream, but it was a constant stream.

1111
00:53:30,060 --> 00:53:33,260
And it was going to get wider and it was going to get deeper and it was going to get bigger.

1112
00:53:33,260 --> 00:53:40,460
That I think I think the pressure has built now that everything has shifted to the social media platforms.

1113
00:53:40,460 --> 00:53:48,760
The pressure has built because they're censoring one of the great or easy examples of how I think the pressure is building.

1114
00:53:48,760 --> 00:53:55,660
I almost always have to use my own perspective for this is that I can't invest that much in YouTube.

1115
00:53:55,660 --> 00:53:59,260
Like I say shit like this, I'm going to kick off.

1116
00:53:59,260 --> 00:54:06,660
I mean, it would be nice to have, you know, 100,000 subscribers and I hope to get like a ton of subscribers and stuff on YouTube.

1117
00:54:06,660 --> 00:54:08,660
But I can't depend on it.

1118
00:54:08,660 --> 00:54:15,660
I'm never going to think that like this is guaranteed income because I'm not I'm not going to censor myself.

1119
00:54:15,660 --> 00:54:29,660
Like to somebody or at least I'll do like what Russell Brand or whatever does is where he does like 30 minutes of a show on YouTube and then says go to rumble if you want to hear actual conversation you pussies.

1120
00:54:29,660 --> 00:54:37,560
But like there there was a my brother was just talking to a guy who does car stuff.

1121
00:54:37,560 --> 00:54:41,860
Because like my brother's big in the cars and he does all the 3D printing things.

1122
00:54:41,860 --> 00:54:52,660
And one guy had like a huge account like it was his whole income like his life was this YouTube channel basically.

1123
00:54:52,660 --> 00:55:00,860
He got taken down no recourse like he's trying to appeal and he's waiting to hear you talk about politics.

1124
00:55:00,860 --> 00:55:07,760
You know, just like you know, talk about Trump or their conspiracy theories or Twitter files or anything like that.

1125
00:55:07,760 --> 00:55:09,860
He has no idea what happened.

1126
00:55:09,860 --> 00:55:15,860
He's randomly he's probably he was probably just a you know, caught by an AI for something complete bullshit.

1127
00:55:15,860 --> 00:55:18,160
Like it was just like a misinterpretation.

1128
00:55:18,160 --> 00:55:20,760
And that was a you know, false positive.

1129
00:55:20,760 --> 00:55:22,760
And he just got completely removed.

1130
00:55:22,760 --> 00:55:32,760
And it was just like Google one and one dude took a picture of his son or something in a bath and put it on his Google Drive.

1131
00:55:32,760 --> 00:55:41,660
Because he had like a backup on his Google Drive and he got locked out of everything and he all of his stuff got sent to the police automatically.

1132
00:55:41,660 --> 00:55:45,160
And like all of this stuff for child child porn.

1133
00:55:45,160 --> 00:55:54,460
And he spent months like just like trying to trying to get get everything back and protect himself and had nothing to do.

1134
00:55:54,460 --> 00:56:00,060
It was like it was literally an algorithm that just like automatically settle this shit in motion.

1135
00:56:00,060 --> 00:56:04,460
And in that same way, like you can't like there is no stable.

1136
00:56:04,460 --> 00:56:08,360
There is no you know, like money is the hedge against uncertainty.

1137
00:56:08,360 --> 00:56:12,260
That is why money is the most valuable good in society.

1138
00:56:12,260 --> 00:56:19,960
Because certainty and stability is what everything that we do drives us toward.

1139
00:56:19,960 --> 00:56:27,260
You know, you you get a you get a TV so that you have stability and certainty in in your leisure and relaxation.

1140
00:56:27,260 --> 00:56:32,660
You get a car so you have stability and certainty in your ability to travel and your ability to get to the hospital.

1141
00:56:32,660 --> 00:56:40,960
If there's an emergency, like that's like almost all of it is literally about getting some stable.

1142
00:56:40,960 --> 00:56:44,460
Buffer against the chaos of the world.

1143
00:56:44,460 --> 00:57:05,560
And so when you start taking these platforms when these platforms that have benefited people by giving them a voice and by giving them bandwidth and by allowing them to weigh information through their social graph rather than through what the major three broadcasters want them to weigh it according to.

1144
00:57:05,560 --> 00:57:18,560
And rather than just being hearing the same horseshit over and over and over again, fed to them by TV, they actually interact, actually argue, you know, information actually flows in a completely different way.

1145
00:57:18,560 --> 00:57:30,460
When those become so unreliable, they're they're they're literally building the very pressure needed to make themselves obsolete.

1146
00:57:30,460 --> 00:57:39,660
They now think they're too big, they think they're too big to fail, they think they're too big to fail when really they were too open to fail.

1147
00:57:39,660 --> 00:57:46,660
And now they're closing themselves off thinking that now they're big enough that it won't go in the opposite direction.

1148
00:57:46,660 --> 00:57:49,960
All they do, all they do is build the pressure.

1149
00:57:49,960 --> 00:57:53,860
Sure, it's annoying to go against the network effect.

1150
00:57:53,860 --> 00:57:55,860
It's not that annoying.

1151
00:57:55,860 --> 00:57:56,460
It's not that bad.

1152
00:57:56,460 --> 00:58:08,760
If you if you don't feel like you have any certainty, if you if you're worried, you can't even depend on, you know, the income from YouTube next month, you will never build an enterprise of value on YouTube.

1153
00:58:08,760 --> 00:58:11,360
And YouTube won't be of any value.

1154
00:58:11,360 --> 00:58:16,760
The more and more people who have that in the back of their minds, the less YouTube is worth.

1155
00:58:16,760 --> 00:58:20,360
And it'll take five years to play out 10 years.

1156
00:58:20,360 --> 00:58:24,260
But it will play out to play out until they stop.

1157
00:58:24,260 --> 00:58:25,560
Or they die.

1158
00:58:25,560 --> 00:58:27,760
But they'll probably do it until the momentum is against them.

1159
00:58:27,760 --> 00:58:36,360
And then they'll just die out of inevitable inevitability because they didn't they reacted rather than realized the trend ahead of time.

1160
00:58:36,360 --> 00:58:40,460
But protocols will solve it.

1161
00:58:40,460 --> 00:58:41,460
Protocols will solve it.

1162
00:58:41,460 --> 00:58:43,560
Social media always should have been a protocol.

1163
00:58:43,560 --> 00:58:44,960
I mean, that was the attempt, right?

1164
00:58:44,960 --> 00:58:49,360
That was what Twitter was originally when I can't remember the name of it.

1165
00:58:49,360 --> 00:58:51,260
What was it before it became Twitter?

1166
00:58:51,260 --> 00:58:53,060
You remember?

1167
00:58:53,060 --> 00:58:54,260
Whatever.

1168
00:58:54,260 --> 00:58:55,060
There was a different name.

1169
00:58:55,060 --> 00:58:56,060
It was a different project.

1170
00:58:56,060 --> 00:58:57,060
There was.

1171
00:58:57,060 --> 00:58:58,060
You know, yeah.

1172
00:58:58,060 --> 00:59:00,760
Now, you know, it should have been a protocol.

1173
00:59:00,760 --> 00:59:17,960
I think you're spot on there because it's really amazing to me, the hubris and the condescension that those in power and we can, you know, separate them into different tiers of the political powers and, you know, the monetary powers.

1174
00:59:17,960 --> 00:59:24,660
And, you know, we saw some of that hubris from Jamie Diamond today in that clip with Warren, you know,

1175
00:59:24,660 --> 00:59:26,360
which is a whole other thing we can get into.

1176
00:59:26,360 --> 00:59:40,760
But the hubris of these fucking people to think that they have the self proclaimed authority to be the arbiters of truth and that they view it as such a threat.

1177
00:59:40,760 --> 00:59:57,960
What does it tell you about the strength of their convictions in their own ideas that they're espousing when they cannot stand the idea of the ideas being in an open and free market subject to everyone's criticism?

1178
00:59:57,960 --> 01:00:04,860
Like if you can't, if you have an idea that can't stand up in the free market, it's probably not a very good fucking idea.

1179
01:00:04,860 --> 01:00:09,860
Like that's if it has to be forced down people's throats, it's probably not very tenable.

1180
01:00:09,860 --> 01:00:11,960
Good ideas don't require force.

1181
01:00:11,960 --> 01:00:13,560
Exactly.

1182
01:00:13,560 --> 01:00:24,760
And this, you know, what you said at the end, it gives me some hope, you know, this idea that they are going to be their own demise because now the, you know, the genius out of the bottle.

1183
01:00:24,760 --> 01:00:33,260
And yes, you know, social media platforms are becoming more and more centralized, right?

1184
01:00:33,260 --> 01:00:39,860
And there is greater possibility as you consolidate onto one throat to choke.

1185
01:00:39,860 --> 01:00:49,060
There is the greater chance, even if that throat is underneath a very rich head who is a, you know, many, many, many times billionaire.

1186
01:00:49,060 --> 01:00:52,860
There's always ways they can exert pressure through other means, right?

1187
01:00:52,860 --> 01:00:55,160
And usually those are going to be economic means.

1188
01:00:55,160 --> 01:01:00,260
And I know Elon said, you know, fuck you to the advertisers, but he didn't say fuck you to China.

1189
01:01:00,260 --> 01:01:01,860
He didn't say fuck you to Turkey.

1190
01:01:01,860 --> 01:01:08,460
He didn't, you know, like he still bent the knee when he deemed he needed to.

1191
01:01:08,460 --> 01:01:10,260
He just doesn't need the money from Disney.

1192
01:01:10,260 --> 01:01:11,960
Okay, fine.

1193
01:01:11,960 --> 01:01:14,960
But that is the beauty of protocols, right?

1194
01:01:14,960 --> 01:01:18,860
It's, I mean, it's fundamentally, it's a story to get back to stories.

1195
01:01:18,860 --> 01:01:22,360
It's a story of centralization versus decentralization.

1196
01:01:22,360 --> 01:01:25,560
It's a story of closed versus open.

1197
01:01:25,560 --> 01:01:39,960
It's a story of a completely top down, centrally controlled centrally planned economy and economy of ideas versus a free market and a free market of ideas.

1198
01:01:39,960 --> 01:01:47,260
And ultimately, you know, you can exert centralized control for a time.

1199
01:01:47,260 --> 01:01:51,060
But eventually you spread too thin.

1200
01:01:51,060 --> 01:01:55,360
You get too big and you have too many weaknesses.

1201
01:01:55,360 --> 01:02:00,860
And that's where you can then be taken down because enough people say, I'm fucking done with this.

1202
01:02:00,860 --> 01:02:09,160
And what I love about Nostra is in Bitcoin, I like to use the analogy of the hydra from Greek mythology, right?

1203
01:02:09,160 --> 01:02:13,060
Many, many heads and when you cut off one, two more grown its place.

1204
01:02:13,060 --> 01:02:16,260
And so, yeah, you can find a head to cut off.

1205
01:02:16,260 --> 01:02:18,060
That's fine, but you're not going to kill it.

1206
01:02:18,060 --> 01:02:25,060
You're actually going to make it stronger because now the other heads are fucking pissed and they are hungry and they they want to fucking eat them.

1207
01:02:25,060 --> 01:02:27,160
They're fucking eat you alive.

1208
01:02:27,160 --> 01:02:37,860
And that's a beautiful thing to because as soon as you take out that throat to choke, you give power to the people who are using it, right?

1209
01:02:37,860 --> 01:02:48,760
Because then if you're using a system that is fundamentally controlled centrally, it's never going to be truly open.

1210
01:02:48,760 --> 01:02:51,460
It's never going to be a true free market.

1211
01:02:51,460 --> 01:02:57,260
You're always going to be at someone else's back and call, so to speak.

1212
01:02:57,260 --> 01:02:57,560
Yeah.

1213
01:02:57,560 --> 01:03:08,560
And that's why, you know, it's so important to have not only the monetary layer of Bitcoin, that base layer of sound money that where there is no throat to choke,

1214
01:03:08,560 --> 01:03:13,760
but also that base layer of open communication because we need both.

1215
01:03:13,760 --> 01:03:20,560
You know, we they go hand in hand and, you know, luckily with Nostra, they really go hand in hand with things like zaps.

1216
01:03:20,560 --> 01:03:29,960
And that's a it's a whole different beautiful realm of possibilities with value enabled signal being delivered on that protocol.

1217
01:03:29,960 --> 01:03:39,460
That's that is a huge, huge fucking deal that I think is only going to become more apparent how big a deal that is in the coming years.

1218
01:03:39,460 --> 01:03:43,060
You know, because it value cuts through the noise, right?

1219
01:03:43,060 --> 01:03:48,560
Value cuts to the noise and it cuts through the bots and it cuts to the spam and it cuts to the propaganda.

1220
01:03:48,560 --> 01:03:55,660
Because value actually monetary value actually means something, at least in when it's sound money, not so much when it's fiat,

1221
01:03:55,660 --> 01:03:58,460
then you can throw as much fucking money as you want at the problem.

1222
01:03:58,460 --> 01:04:01,960
You know, but that Jamie Diamond thing today just got me.

1223
01:04:01,960 --> 01:04:06,660
I think it got a lot of people riled and you had you had a great tweet about it too.

1224
01:04:06,660 --> 01:04:13,960
You know, it was something the effect of, you know, basically like, okay, you've got Jamie Diamond and Elizabeth Warren agreeing on this.

1225
01:04:13,960 --> 01:04:23,060
Like, what does that tell you where you've got this self proclaimed Elizabeth Warren who bemoans the greedy corporations and the super rich?

1226
01:04:23,060 --> 01:04:25,160
Jamie Diamond is literally the epitome of that.

1227
01:04:25,160 --> 01:04:31,460
But like at an Uber level, like he's the he's the greedy corporation that's also a fucking bank.

1228
01:04:31,460 --> 01:04:36,360
Yeah, that also has the power to deplatform you from money.

1229
01:04:36,360 --> 01:04:40,160
And but they're just the chummiest chums that could ever be right.

1230
01:04:40,160 --> 01:04:43,260
Like that should fucking tell you got voted.

1231
01:04:43,260 --> 01:04:47,460
Like her campaign was about being against the big banks.

1232
01:04:47,460 --> 01:04:48,660
Yeah.

1233
01:04:48,660 --> 01:04:50,360
Well, she was the one who ran the.

1234
01:04:50,360 --> 01:04:51,860
Oh, the irony.

1235
01:04:51,860 --> 01:05:02,760
Was she the one who ran the TARP program, the troubled asset relief program back in the day or oversaw it to make sure the like during the during the 08 crisis?

1236
01:05:02,760 --> 01:05:06,560
I think she had a pretty heavy hand in TARP.

1237
01:05:06,560 --> 01:05:07,360
Don't quote me on it.

1238
01:05:07,360 --> 01:05:08,960
I'll dig into it later.

1239
01:05:08,960 --> 01:05:21,960
But I mean, again, it's just this to somebody said earlier, just with regard to the censorship and the you know, the censorship industrial complex, like they're saying the quiet part out loud now.

1240
01:05:21,960 --> 01:05:24,660
Like the mask is slipping off.

1241
01:05:24,660 --> 01:05:28,560
They were doing a pretty good job for a while, I think to give them a little credit.

1242
01:05:28,560 --> 01:05:30,760
They were doing a pretty good job.

1243
01:05:30,760 --> 01:05:36,460
All things considered at tricking most people into thinking that maybe they really are the good guys.

1244
01:05:36,460 --> 01:05:38,960
And this really is for the greater good.

1245
01:05:38,960 --> 01:05:45,560
And and you know, there's just some some things that you just shouldn't be able to say or do or whatever.

1246
01:05:45,560 --> 01:05:50,460
But now the mask is coming off and you're realizing, oh, wait, this isn't about the greater good at all.

1247
01:05:50,460 --> 01:05:52,560
This is all about control.

1248
01:05:52,560 --> 01:05:55,660
It is all about control.

1249
01:05:55,660 --> 01:06:03,560
And I think that because of social media, even in its current mainstream centralized form.

1250
01:06:03,560 --> 01:06:15,560
As you said, like the power of that retweet button, the ability for virality that it's not manufactured, that's not prescribed, that is organic and emergent.

1251
01:06:15,560 --> 01:06:16,660
That is huge.

1252
01:06:16,660 --> 01:06:29,160
And it's one of the things that excites me about Noster and some of the algorithms that you know, I think we will get on Noster, which are more value enabled algorithms, which can of course be gamed in their own ways.

1253
01:06:29,160 --> 01:06:33,960
But at least it's getting a little bit closer to providing actual signal.

1254
01:06:33,960 --> 01:06:37,060
And you see some of this like on primal, you know, with the tops zapped.

1255
01:06:37,060 --> 01:06:43,060
And again, some of those things can be gamed, but you'll be able to, you know, we're still very, very early in that phase.

1256
01:06:43,060 --> 01:06:53,460
So I'm excited to see what comes out of Noster in on the algorithmic front in terms of value, value centric algorithms.

1257
01:06:53,460 --> 01:06:54,860
Because I think that's really important.

1258
01:06:54,860 --> 01:06:59,860
Otherwise, how do we find signal in this noisy fucking world?

1259
01:06:59,860 --> 01:07:02,560
Like, I'm excited for that.

1260
01:07:02,560 --> 01:07:17,560
There's a it's interesting because the community talk about like Noster's important decentralization, the communication layer while Bitcoin's the value layer is like really in a sense, they're yin and yang.

1261
01:07:17,560 --> 01:07:26,660
Like, they're kind of at the same place in the sense that Bitcoin relies on decentralized communications for the network.

1262
01:07:26,660 --> 01:07:34,060
And then at the same time, we can only actually sustain decentralized communication if we have decentralized money to fund it.

1263
01:07:34,060 --> 01:07:38,560
Like, it's never actually going to be sustainable if we can't monetize it.

1264
01:07:38,560 --> 01:07:58,560
And, you know, this is why we ended up in centralized platforms, because it was so it became so valuable to sell information to just sell your user base, basically, to an advertiser and then control and manipulate what and where things landed in front of a person.

1265
01:07:58,560 --> 01:08:05,760
So decentralized money was always a prerequisite because infrastructure is expensive.

1266
01:08:05,760 --> 01:08:08,060
It's expensive as shit.

1267
01:08:08,060 --> 01:08:10,560
And this has to be monetized.

1268
01:08:10,560 --> 01:08:22,760
But that's one of the reasons why I think whole punch has been like slow on the uptake specifically because they have a lot more legwork to do off the out of the gate.

1269
01:08:22,760 --> 01:08:28,660
And I really feel like Keat in particular is like one of those things where they.

1270
01:08:28,660 --> 01:08:42,860
I mean, you could say they bit off more than they could chew in the short term or that maybe in a sense they they just started with something that was like a particularly difficult task.

1271
01:08:42,860 --> 01:08:53,160
So one of the things that I tend to do is that like, you know, when I come up with this idea or I want to like tackle some new tech or new piece of software or something,

1272
01:08:53,160 --> 01:08:58,860
I usually think up the most complicated thing that I can do with it and then that's the project I start on.

1273
01:08:58,860 --> 01:09:05,960
Like I could just do an easier, simpler projects to prove my point, you know, or just like to start get used to start to get used to it.

1274
01:09:05,960 --> 01:09:12,960
But like, have you seen the Lord of the Rings meme that I did the wait, you mean the video one?

1275
01:09:12,960 --> 01:09:15,060
Yeah, the video meme or whatever.

1276
01:09:15,060 --> 01:09:17,360
That was actually my first ever project in After Effects.

1277
01:09:17,360 --> 01:09:19,360
I've never used After Effects before.

1278
01:09:19,360 --> 01:09:24,660
And so I took on like a three minute like like tons of different effects and everything.

1279
01:09:24,660 --> 01:09:27,960
It took me like six months, like an hour to every single night.

1280
01:09:27,960 --> 01:09:31,460
And I don't even know how many tutorials I watched.

1281
01:09:31,460 --> 01:09:42,360
So like one of those things I really feel like that's where whole punch and Keat are is that they they want to have a million people in a peer to peer room,

1282
01:09:42,360 --> 01:09:46,760
completely decentralized that has a chat log, a live chat log.

1283
01:09:46,760 --> 01:09:48,860
That's nuts.

1284
01:09:48,860 --> 01:09:50,960
That's like absolutely insane.

1285
01:09:50,960 --> 01:10:02,160
The project that I'm trying to build with a single developer that I've been working with for we've been working on this for five months, maybe.

1286
01:10:02,160 --> 01:10:04,560
I feel like it's far lower hanging fruit.

1287
01:10:04,560 --> 01:10:11,060
I feel like I've done a much better job of been like this is actually something that this can do that basically nothing else can.

1288
01:10:11,060 --> 01:10:18,660
But one of the amazing things about that about the way that protocol works and why I think especially in the short to midterm,

1289
01:10:18,660 --> 01:10:23,860
Noster and Keat or whole punch hyper core, whatever you want to call it.

1290
01:10:23,860 --> 01:10:24,960
It's got too many names.

1291
01:10:24,960 --> 01:10:29,360
Then this ecosystem and Noster should work really, really well together.

1292
01:10:29,360 --> 01:10:42,960
That we need to have a lot of bridges is because Noster works incredibly good for aggregating large groups of people by taking the best of what centralized does do.

1293
01:10:42,960 --> 01:10:48,760
But then essentially it doesn't federate it because federations federating it means a specific thing.

1294
01:10:48,760 --> 01:10:53,560
But but just by laying out a landscape of relays.

1295
01:10:53,560 --> 01:11:06,360
Whereas peer to peer to peer in hyper core and everything starts at the other at the aggressive extreme and just says we're just not even we're going to stay so far away from centralization.

1296
01:11:06,360 --> 01:11:09,660
There is going to be no distinction whatsoever between client server.

1297
01:11:09,660 --> 01:11:11,060
There will be no relays.

1298
01:11:11,060 --> 01:11:12,660
Everybody is the same.

1299
01:11:12,660 --> 01:11:17,460
Everybody is just a peer and now they have to build up from that.

1300
01:11:17,460 --> 01:11:32,860
So it makes sense that the lowest hanging fruit for Noster as a kind of like global global social media web, so to speak, is actually vastly more achievable and required far fewer pieces.

1301
01:11:32,860 --> 01:11:42,060
Like that was one of the things that Fiat Fiat Jeff talked about is that like it's it's as simple like just break it down to its simplest pieces and just make it work.

1302
01:11:42,060 --> 01:11:44,760
This is all we needed to do and then we can build out.

1303
01:11:44,760 --> 01:11:51,360
And that's why I think it has just such an a massive amount of momentum both in development and in users because it just blew up.

1304
01:11:51,360 --> 01:11:52,860
It's a year.

1305
01:11:52,860 --> 01:11:54,060
It's basically a year.

1306
01:11:54,060 --> 01:12:00,760
Like it was this time last year that this was like big news and I made my key, you know.

1307
01:12:00,760 --> 01:12:08,360
And whereas hole punch and hyper core and that whole side of the ecosystem is aggressively peer to peer.

1308
01:12:08,360 --> 01:12:10,160
But one of the crazy things.

1309
01:12:10,160 --> 01:12:18,660
One of the things that just gets me every time like I do like an update on the desktop app or whatever is that it's being delivered over hyper core.

1310
01:12:18,660 --> 01:12:24,260
It's being delivered over the protocol, which means there's no central server feeding the app.

1311
01:12:24,260 --> 01:12:33,760
Like like when Maffintosh does an update on his computer at home, he can push an update and I can download it straight from him.

1312
01:12:33,760 --> 01:12:35,360
It's entirely peer to peer.

1313
01:12:35,360 --> 01:12:39,960
It is literally what bit torrent 2.0 should be.

1314
01:12:39,960 --> 01:12:47,560
And because of that, as we built that thing out, it is going to understand he has to have no infrastructure.

1315
01:12:47,560 --> 01:12:50,060
He doesn't have to have any platform permission.

1316
01:12:50,060 --> 01:12:59,160
He doesn't have to put it on GitHub and GitHub has to handle all the downloads for, you know, all 300,000 million users, whatever it is that are trying this thing out.

1317
01:12:59,160 --> 01:13:04,160
He distributes it to anybody that downloads from him and then they can get it from me.

1318
01:13:04,160 --> 01:13:09,460
If my brother logs on and Maffintosh is online, he can download the update from my computer.

1319
01:13:09,460 --> 01:13:17,060
Like it is literally delivered peer to peer, but you just you just hit a refresh restart and you've got the new version.

1320
01:13:17,060 --> 01:13:21,660
And it's all signed by his key because the entire thing is key based.

1321
01:13:21,660 --> 01:13:25,560
That is going to the one thing that Nostra.

1322
01:13:25,560 --> 01:13:30,460
Nostra doesn't do super well or has it's not even that it doesn't do it very well.

1323
01:13:30,460 --> 01:13:37,160
It's that they just all floated the task entirely is hosting is dealing with lots and lots of data.

1324
01:13:37,160 --> 01:13:41,760
Keyt and hole punch have the solution to data.

1325
01:13:41,760 --> 01:13:48,760
And that's why I think in the short to midterm, if we can figure out how to bridge the infrastructure,

1326
01:13:48,760 --> 01:13:55,160
just kind of like one of those things you need the web and you need email and you need you want tour and like all of these things.

1327
01:13:55,160 --> 01:14:04,460
I think both of these things are going to be prime to, you know, in kind of the yin to the to Bitcoin's yang.

1328
01:14:04,460 --> 01:14:10,260
And they're both obviously from the ground up built to have Bitcoin and lightning integrated.

1329
01:14:10,260 --> 01:14:13,260
In fact, you can actually look in the stuff with key or whatever.

1330
01:14:13,260 --> 01:14:15,060
And it's already you can already see it.

1331
01:14:15,060 --> 01:14:17,760
It's got all the stuff for lightning in the code.

1332
01:14:17,760 --> 01:14:27,360
And I think they're actually there's rumors that they're now talking about breeze in the SDK and just doing like the on the fly like just make a wallet.

1333
01:14:27,360 --> 01:14:31,060
So it's going to be really, really fascinating to see.

1334
01:14:31,060 --> 01:14:37,260
Essentially zaps come to that ecosystem because that's entirely agnostic to whatever code or app you're doing.

1335
01:14:37,260 --> 01:14:44,060
And when you can just kind of take that same block of code, that same wallet, basically wherever you go,

1336
01:14:44,060 --> 01:14:53,660
like you can just basically have a whole app ecosystem with one wallet that just kind of travels with you and is directly integrated into all of these things that you do.

1337
01:14:53,660 --> 01:14:57,660
If you just want to monetize something, you just monetize something.

1338
01:14:57,660 --> 01:15:11,560
This is going to be nuts. It's going to be nuts and with the pressure building from the centralized platforms and the censorship industrial complex just burgeoning coming into its own.

1339
01:15:11,560 --> 01:15:13,560
I think the pressure is going to get bigger and bigger.

1340
01:15:13,560 --> 01:15:17,960
And I think the release valve is just going to get fatter.

1341
01:15:17,960 --> 01:15:20,760
Like the the ability to move.

1342
01:15:20,760 --> 01:15:29,760
I mean, like imagine how difficult it was to get people on social media back in late nineties and through the early 2000s like the 2000 range.

1343
01:15:29,760 --> 01:15:34,060
That was a huge barrier that took.

1344
01:15:34,060 --> 01:15:40,160
I mean, I guess like Facebook and YouTube years or like 2002 2004.

1345
01:15:40,160 --> 01:15:43,160
Like it was it was really all early 2000s.

1346
01:15:43,160 --> 01:15:50,660
And then the social media wave really exploded with mobile phones 2010 2011.

1347
01:15:50,660 --> 01:15:53,360
I think that timeline is going to be shorter.

1348
01:15:53,360 --> 01:15:55,760
I think it's going to be shorter this time.

1349
01:15:55,760 --> 01:16:06,560
So what really we can look at was a 20 year time frame between initiation to like, yeah, this matters a whole lot more than broadcast media.

1350
01:16:06,560 --> 01:16:10,160
Maybe we've got 10 years on this one.

1351
01:16:10,160 --> 01:16:17,760
I think it's kind of crazy in 2006 2007.

1352
01:16:17,760 --> 01:16:20,560
People I don't I think people people have this idea.

1353
01:16:20,560 --> 01:16:30,960
It's amazing how much we lose sight of history and we think that what we see today is what is like it's just the way it always has to be.

1354
01:16:30,960 --> 01:16:34,560
Because everybody thinks that the internet has to be centralized and there's no now.

1355
01:16:34,560 --> 01:16:36,060
So it's always always going to be a platform.

1356
01:16:36,060 --> 01:16:37,860
They're always going to have control.

1357
01:16:37,860 --> 01:16:40,960
It's like 2007.

1358
01:16:40,960 --> 01:16:46,560
Peer to peer traffic on the internet for peer to peer protocols for bit torrent for.

1359
01:16:46,560 --> 01:16:56,160
Um, news groups for I mean, like just like all the various mechanisms that we had the bandwidth, the amount of data.

1360
01:16:56,160 --> 01:16:58,160
It's like 70% of the internet.

1361
01:16:58,160 --> 01:16:59,960
Whoa.

1362
01:16:59,960 --> 01:17:01,960
It's like 70%.

1363
01:17:01,960 --> 01:17:09,560
The overwhelming majority of the internet was essentially peer to peer in some form or fashion.

1364
01:17:09,560 --> 01:17:13,060
Then it trended down and it was smartphones.

1365
01:17:13,060 --> 01:17:13,760
It was smartphones.

1366
01:17:13,760 --> 01:17:16,160
They didn't have the data to do it.

1367
01:17:16,160 --> 01:17:20,760
You know, it's different when desktop computers and servers is not a bigger gap.

1368
01:17:20,760 --> 01:17:22,160
Right.

1369
01:17:22,160 --> 01:17:25,360
Smartphones had to be tiny and a little little battery.

1370
01:17:25,360 --> 01:17:30,160
You know, it had to be an end user device.

1371
01:17:30,160 --> 01:17:31,760
And they weren't always online.

1372
01:17:31,760 --> 01:17:36,060
You know, like, like it just it changed very quickly.

1373
01:17:36,060 --> 01:17:42,360
And that was one of the reasons why we went aggressively back towards centralization.

1374
01:17:42,360 --> 01:17:43,760
But I think we're going to swing back.

1375
01:17:43,760 --> 01:17:52,160
I think I still think it's ahead of us the the highest, the all time high for the amount of bandwidth on the internet is peer to peer.

1376
01:17:52,160 --> 01:18:03,760
Um, I think probably five years, especially with AI, like the way like building is going to change like building software.

1377
01:18:03,760 --> 01:18:08,360
I just read a wait, no, today's Thursday.

1378
01:18:08,360 --> 01:18:09,960
Did it get released today?

1379
01:18:09,960 --> 01:18:11,160
No, tomorrow's Thursday.

1380
01:18:11,160 --> 01:18:12,860
I guess it'll be tomorrow.

1381
01:18:12,860 --> 01:18:18,560
I just read an article on the New Yorker, which I don't even know if I have permission for it.

1382
01:18:18,560 --> 01:18:18,960
I don't care.

1383
01:18:18,960 --> 01:18:22,960
I'll take it down if they see me at season to assist or some shit.

1384
01:18:22,960 --> 01:18:25,560
But it was a coder.

1385
01:18:25,560 --> 01:18:32,960
There's a programmer who says a coder considers the waning days of the craft.

1386
01:18:32,960 --> 01:18:41,860
And he talks about how like with AI and what he's come to use it for and what he's seen in the last year is that he feels like he should be writing a eulogy for programming as an art.

1387
01:18:41,860 --> 01:18:44,760
As a as a, you know, everybody's like, learn to code.

1388
01:18:44,760 --> 01:18:46,760
He's like, I don't think so.

1389
01:18:46,760 --> 01:18:55,960
I got a kid coming like right now and I've always thought I'm going to teach him to code in the same way that my parents were like, got to teach this kid to read and write.

1390
01:18:55,960 --> 01:19:02,360
It's really good article, really well written to always like it when I find a good writer.

1391
01:19:02,360 --> 01:19:24,560
But he just wrote, just wrote a phenomenal piece about like how quickly he thinks that space is going to change and how most of our projects and I genuinely think that in probably two to three years time, most of what we think of as software will be written on the fly.

1392
01:19:24,560 --> 01:19:39,160
In the sense that will probably have blocks of code that are managed by an agent by by an LLM that we interact with, especially when the hard the first iteration of AI specialized hardware.

1393
01:19:39,160 --> 01:19:54,160
And then operating systems, I think we're going to have operating systems with LLM space like built in or where we can basically swap out LLMs like models for whatever the hell we need in and out of the operating system and that it's basically just got.

1394
01:19:54,160 --> 01:19:59,660
It's kind of at a foundational layer and how we interact with computer.

1395
01:19:59,660 --> 01:20:06,960
And when that happens, I think we'll probably have basically these library of like functions.

1396
01:20:06,960 --> 01:20:20,160
And when we want to complete a task or we want to do something that a large part of the software will be written specific to the to the way we need it at the time.

1397
01:20:20,160 --> 01:20:29,560
The way those blocks work together will actually be put together on the fly by a main agent with a combination of other agents kind of specialized in different tasks.

1398
01:20:29,560 --> 01:20:41,860
And so the software, you know, to talk about market entries and whatever you know, like, you know, like software is eating the world software is going to eat the world twice as fast.

1399
01:20:41,860 --> 01:20:51,460
Like I have I've been building a micro apps on my computer like crazy for like just a bunch of tasks and things that I do from like daily.

1400
01:20:51,460 --> 01:20:53,860
And I don't pro I'm not a programmer.

1401
01:20:53,860 --> 01:20:55,460
I'm not a programmer.

1402
01:20:55,460 --> 01:21:05,360
I still cannot if you set set me down with a just a script open script text file or whatever and told me to write a program.

1403
01:21:05,360 --> 01:21:06,560
I got nothing.

1404
01:21:06,560 --> 01:21:07,260
I got nothing.

1405
01:21:07,260 --> 01:21:11,960
I have like a best best cases I can Google something and start taking some pieces.

1406
01:21:11,960 --> 01:21:22,060
I can kind of read it like, you know, I could I could do stuff in, you know, bash script or whatever if I need if give me two lines maybe maybe I could come up with something.

1407
01:21:22,060 --> 01:21:23,760
But but that's about it.

1408
01:21:23,760 --> 01:21:24,460
That's about it.

1409
01:21:24,460 --> 01:21:31,260
But I've made some incredibly complicated things with chat GPT.

1410
01:21:31,260 --> 01:21:42,960
And I've had to correct chat chat GPT a couple of times, but it was only because it gave me a block of code that I could just be like this thing literally renamed the variable and forgot that it used to name it used this name up at the top.

1411
01:21:42,960 --> 01:21:49,460
And it was only because I could look and see through the code like it's trying to call that same variable and it literally named it the wrong thing.

1412
01:21:49,460 --> 01:21:52,060
And so I could fix that and then make it work.

1413
01:21:52,060 --> 01:21:58,760
But like, I didn't write the code, you know, like that's the best I can do is I can read.

1414
01:21:58,760 --> 01:22:11,460
And we just got started again, chat GPT the the blowing up of LLMs was this time last year.

1415
01:22:11,460 --> 01:22:14,160
It's been a year.

1416
01:22:14,160 --> 01:22:15,660
It's been a year on Noester.

1417
01:22:15,660 --> 01:22:17,060
It's been a year on AI.

1418
01:22:17,060 --> 01:22:18,860
It's been a year on Keat.

1419
01:22:18,860 --> 01:22:20,560
Like all of these things are brand new.

1420
01:22:20,560 --> 01:22:24,860
We haven't even had a bear market cycle for this.

1421
01:22:24,860 --> 01:22:36,060
Like, I literally like when I say when I say the door just opened on social media and smartphones, like the hangar door just opened for this stuff.

1422
01:22:36,060 --> 01:22:42,060
And imagine we go through a Bitcoin bull cycle and then come back down into a bear market.

1423
01:22:42,060 --> 01:22:52,360
We go back down into like a massive build cycle and we've gotten to see a first iteration of successes and failures in this space.

1424
01:22:52,360 --> 01:22:56,460
And now we've got a first generation of AI hardware basically built in all the machines.

1425
01:22:56,460 --> 01:22:57,560
So they're optimized.

1426
01:22:57,560 --> 01:23:12,860
We've got the first generation of Mojo, which is a programming language that basically bridges between the insane abstraction and inefficiency of Python straight down to communicate directly to the hardware, which we're talking about like between 10x and 100x improvements.

1427
01:23:12,860 --> 01:23:15,460
Like just just straight out the gate just building on top of Mojo.

1428
01:23:15,460 --> 01:23:17,460
And it's like it's extremely modular.

1429
01:23:17,460 --> 01:23:20,760
So everything's going to move to this because everything's using PyTorch.

1430
01:23:20,760 --> 01:23:23,060
Everything's using Python.

1431
01:23:23,060 --> 01:23:32,560
And like, dude, dude, you put this on a one to two year on just on top of what we've already seen.

1432
01:23:32,560 --> 01:23:42,660
I just in the last five days, I've seen two tools, two new tools that do like on the fly, like video animation, like like replacement of like posed persons.

1433
01:23:42,660 --> 01:23:48,960
And I mean, what was what was available six months ago is now so obsolete.

1434
01:23:48,960 --> 01:23:50,160
It's silly.

1435
01:23:50,160 --> 01:23:52,960
And I just I literally downloaded on my computer yesterday.

1436
01:23:52,960 --> 01:23:55,460
I haven't even gotten to plug stuff into it to try it.

1437
01:23:55,460 --> 01:24:03,960
But some of the stuff they show, I think anonymity on the Internet and like, you know, you know, you know, like only fans or whatever they have, like the mask or whatever.

1438
01:24:03,960 --> 01:24:07,560
You know, like like the the anonymity and like the porn and stuff.

1439
01:24:07,560 --> 01:24:11,860
I think you're going to have men doing porn as women.

1440
01:24:11,860 --> 01:24:19,460
I think I think you're going to have like anonymity on the Internet is going to change completely because you can just live change your face now.

1441
01:24:19,460 --> 01:24:29,060
Um, and as those tools get like easy to use, um, it's going to be a weird place.

1442
01:24:29,060 --> 01:24:31,060
But here's here's the crazy thing.

1443
01:24:31,060 --> 01:24:40,060
Is it all the consequences of this sort of tech is a consequence of empowering the individual?

1444
01:24:40,060 --> 01:24:48,360
Sure, there's a lot of negatives when potentially bad people can do really bad things, just like if you give everyone in society a gun.

1445
01:24:48,360 --> 01:24:51,460
There's a lot of people who can do bad things with a gun.

1446
01:24:51,460 --> 01:24:53,460
But guess what you can't do?

1447
01:24:53,460 --> 01:24:57,160
You can't rule them as a tyrant.

1448
01:24:57,160 --> 01:25:01,260
You can't have a society where everybody has a gun.

1449
01:25:01,260 --> 01:25:03,560
It's actually pretty polite society.

1450
01:25:03,560 --> 01:25:08,560
You know, that was one of the crazy things about the Wild West is, you know, we have this silly like dime.

1451
01:25:08,560 --> 01:25:11,560
If you ever read the book, uh, the not so wild Wild West.

1452
01:25:11,560 --> 01:25:12,460
No.

1453
01:25:12,460 --> 01:25:14,660
Oh, it's brilliant.

1454
01:25:14,660 --> 01:25:18,060
It's a complete reframing of everything that we think of as the Wild West.

1455
01:25:18,060 --> 01:25:32,460
What we think of as the Wild West is our dime novels, the equivalent of comic books of people who went West, came back East and then sold their story and talked about how crazy it was.

1456
01:25:32,460 --> 01:25:35,660
There's pure exaggeration, pure exaggeration.

1457
01:25:35,660 --> 01:25:44,460
If you look at the data, it's it was the most boring place, time and span of all of human history.

1458
01:25:44,460 --> 01:25:49,860
It was nothing boring in the sense of like crime and murder and bank robberies.

1459
01:25:49,860 --> 01:26:00,460
Like one of the one of the stats actually they went through is that, you know, we think this like, it's like, you know, Billy the kid and and you know, all these like, like famous is always like crazy, like super famous gunslingers.

1460
01:26:00,460 --> 01:26:03,860
You know, like it's a fucking Wild West, right?

1461
01:26:03,860 --> 01:26:14,360
And then when you look at the stats, the number of actual bank robberies that happened in this time, the entire period and the entire zone.

1462
01:26:14,360 --> 01:26:29,660
The half of the country that was considered the West, the number of actual bank robberies like physical go in with a gun bank robberies was less in the entire span of the Wild West than in one year in Chicago.

1463
01:26:29,660 --> 01:26:31,860
Holy shit.

1464
01:26:31,860 --> 01:26:33,160
There were like none of them.

1465
01:26:33,160 --> 01:26:37,860
That's why they were famous because they never happened.

1466
01:26:37,860 --> 01:26:43,160
Imagine if you had a country in which there were no bank robberies and then someone pulled off a bank robbery.

1467
01:26:43,160 --> 01:26:46,660
How many movies about that bank that bank robbery would there be?

1468
01:26:46,660 --> 01:26:48,660
That was the Wild West.

1469
01:26:48,660 --> 01:26:51,460
And it's a fascinating book.

1470
01:26:51,460 --> 01:26:52,360
You should definitely check.

1471
01:26:52,360 --> 01:26:53,660
I got to check that out.

1472
01:26:53,660 --> 01:26:54,660
Yeah.

1473
01:26:54,660 --> 01:27:12,860
And so in that sense, using that kind of like the thought process, the individual being empowered is actually what we're actually looking at is the explosion of bandwidth for.

1474
01:27:12,860 --> 01:27:20,360
Alternative systems, alternative services, alternative search and assessment.

1475
01:27:20,360 --> 01:27:30,860
I have a fucking machine that can scrape the Internet and search and find things by myself without Google.

1476
01:27:30,860 --> 01:27:33,860
That is going to be an AI tool.

1477
01:27:33,860 --> 01:27:40,860
If my power goes out, and excuse me, if my internet goes out, not if my power goes out, nothing works with the power out.

1478
01:27:40,860 --> 01:27:49,860
If my internet goes out or I'm on a plane and I'm just bringing my laptop, I have an LLM that I can just ask all sorts of crap to.

1479
01:27:49,860 --> 01:27:57,860
I basically have a compressed version of the entire knowledge of the Internet in a sense.

1480
01:27:57,860 --> 01:28:01,860
I've generalized knowledge of every topic on my computer.

1481
01:28:01,860 --> 01:28:03,360
And it's like media knowledge.

1482
01:28:03,360 --> 01:28:07,860
It's not like it's like brilliant and, you know, it comes up with things that are incorrect.

1483
01:28:07,860 --> 01:28:13,860
But you know, if I asked you about how to build an air conditioning, you probably wouldn't give me much.

1484
01:28:13,860 --> 01:28:20,860
But if I asked a typical AC repair person, I might not get the best answer.

1485
01:28:20,860 --> 01:28:22,860
I might not get perfect accuracy.

1486
01:28:22,860 --> 01:28:28,860
He might tell me something wrong, but damn it, he's going to give me, he's going to point me in the right direction.

1487
01:28:28,860 --> 01:28:36,860
He's going to give me a lot of foundation of a lot of things that are actually really, really useful and is an incredible base to start from.

1488
01:28:36,860 --> 01:28:39,860
It's just an average AC person.

1489
01:28:39,860 --> 01:28:51,860
Chad DBT, Mistral, like Lama to like all of these models, they have an average median AC repair person knowledge of AC machines.

1490
01:28:51,860 --> 01:28:56,860
Like they have general knowledge of everything compressed down.

1491
01:28:56,860 --> 01:29:05,860
And that is one of the most powerful things about them is that like, like one of the ways that I used, I was searching for.

1492
01:29:05,860 --> 01:29:11,860
I knew I needed to build a system for my heater for my what's minor in the attic.

1493
01:29:11,860 --> 01:29:16,860
I'm trying to build a system to have it temperature controlled, because right now I just run it on my computer.

1494
01:29:16,860 --> 01:29:22,860
I have a Python script that will watch the temperature and it will put it asleep or wake it up.

1495
01:29:22,860 --> 01:29:30,860
But I don't have a temperature sensor yet to make it run like a thermostat, but I was going to do it all through my computer and then figure out how to make a system like a Raspberry Pi thing for it.

1496
01:29:30,860 --> 01:29:40,860
And I think I've got to think I've got most of it worked out, thankfully, because of Chad DBT with the help of AI actually, in a lot of different pieces of it.

1497
01:29:40,860 --> 01:29:48,860
But one of the crazy things was that I was looking for I knew I needed a relay to I wanted an emergency shut off.

1498
01:29:48,860 --> 01:29:53,860
I wanted the box that I'm building the new box that I'm building to put the miners in.

1499
01:29:53,860 --> 01:29:57,860
I want to have an emergency shut off of if the temperature gets too high in this.

1500
01:29:57,860 --> 01:30:02,860
I want to have a heat triggered extinguisher.

1501
01:30:02,860 --> 01:30:16,860
And I want to have a temperature sensor where if everything is just not responding and I just get really high temperature sensors or a smoke detector or something, that it just cuts off power, just hard, hard cuts power.

1502
01:30:16,860 --> 01:30:19,860
And so I just kept looking for relays.

1503
01:30:19,860 --> 01:30:27,860
I kept looking for for like, like, you know, something determined power switch like I just kept searching for stuff and I could not find what I was looking for.

1504
01:30:27,860 --> 01:30:30,860
I was like, this is not how do I wire this up to a thing.

1505
01:30:30,860 --> 01:30:33,860
And then finally I was like, all right, well, I'll just ask, I just asked GPT.

1506
01:30:33,860 --> 01:30:39,860
And so I asked and it literally just told me it's like what you're looking for is called a contactor.

1507
01:30:39,860 --> 01:30:41,860
And I just searched contactor.

1508
01:30:41,860 --> 01:30:43,860
And like that was exactly what I was looking for.

1509
01:30:43,860 --> 01:30:45,860
I just didn't know what it was called.

1510
01:30:45,860 --> 01:30:49,860
But it was done, it was in such a way that I couldn't search it.

1511
01:30:49,860 --> 01:30:52,860
Like I couldn't search Google to find out what it was called.

1512
01:30:52,860 --> 01:30:58,860
You know, because I did not have enough context, purely the jargon, it was purely a jargon.

1513
01:30:58,860 --> 01:31:03,860
It was a lack of semantic knowledge about what to call the thing to find it.

1514
01:31:03,860 --> 01:31:06,860
And it was only because of that that I found it.

1515
01:31:06,860 --> 01:31:08,860
And that's like one of those things.

1516
01:31:08,860 --> 01:31:13,860
Imagine that you just had somebody with you all the time with just general knowledge.

1517
01:31:13,860 --> 01:31:17,860
Not great. Again, you know, it's not perfect.

1518
01:31:17,860 --> 01:31:21,860
It can't tell you all of the details of everything, but you still have Google.

1519
01:31:21,860 --> 01:31:24,860
You still can do like explicit searches.

1520
01:31:24,860 --> 01:31:26,860
You can still find tutorials.

1521
01:31:26,860 --> 01:31:32,860
But imagine if you had a person with general knowledge to direct you and to help you figure out what to search.

1522
01:31:32,860 --> 01:31:34,860
I mean, that should probably save me hours.

1523
01:31:34,860 --> 01:31:36,860
Just that one question.

1524
01:31:36,860 --> 01:31:46,860
And that, the fact that we can basically already, in a matter of months after these were open sourced,

1525
01:31:46,860 --> 01:31:50,860
we had open source versions, they figured out how to quantize it.

1526
01:31:50,860 --> 01:31:57,860
Like at the very beginning, everybody was like, this is why the first read that I did on AI Unchained was,

1527
01:31:57,860 --> 01:32:01,860
we have no moat, it was a memo from a Google exec.

1528
01:32:01,860 --> 01:32:08,860
And one of the first things that happened was like within like three, they were like,

1529
01:32:08,860 --> 01:32:14,860
they said like open AI was nobody was going to be able to compete because you'd never be able to get these things running on the small machine.

1530
01:32:14,860 --> 01:32:17,860
You had to have massive servers.

1531
01:32:17,860 --> 01:32:19,860
And, you know, it was just a necessity.

1532
01:32:19,860 --> 01:32:27,860
This was going to be a only something that was capable with huge, huge computing power and the person with the most computing power is going to win.

1533
01:32:27,860 --> 01:32:30,860
And everybody else is going to be obsolete.

1534
01:32:30,860 --> 01:32:38,860
And one of the things that he said that I thought was just hilarious is that like within like three weeks after this was open source,

1535
01:32:38,860 --> 01:32:42,860
motherfuckers had this thing running on a toaster.

1536
01:32:42,860 --> 01:32:44,860
Like they had, it was really slow.

1537
01:32:44,860 --> 01:32:48,860
It was really slow, but you could literally do it as the quantization method or whatever that they did.

1538
01:32:48,860 --> 01:32:51,860
You can just get it running on small hardware.

1539
01:32:51,860 --> 01:32:58,860
So going back, after we get an iteration of hardware, this designed for this,

1540
01:32:58,860 --> 01:33:01,860
we're going to have chips in the same that we have GPU chips.

1541
01:33:01,860 --> 01:33:06,860
And less, of course, the CPU just ends up becoming AI specific.

1542
01:33:06,860 --> 01:33:17,860
But because there's so much other computation, I wonder, I really kind of think in the same way that the Apple Vision Pro has a spatial chip.

1543
01:33:17,860 --> 01:33:23,860
It's called the R. I can't remember what they what R refers to, but it's the chip is the R one, you know, just like that.

1544
01:33:23,860 --> 01:33:30,860
M one, they have an entirely new chip to watch 3D space.

1545
01:33:30,860 --> 01:33:32,860
I think we're going to have an AI chip.

1546
01:33:32,860 --> 01:33:40,860
Like it's kind of like the ASIC of modeling of language models or machine learning.

1547
01:33:40,860 --> 01:33:47,860
But when we have when we have a generation of that, which might be the next,

1548
01:33:47,860 --> 01:33:50,860
the whole game is going to change all over again.

1549
01:33:50,860 --> 01:33:54,860
Like so many things are going to pile on top of each other so fast.

1550
01:33:54,860 --> 01:34:04,860
And then you look at like an open source community like Nostra, Nostra and whole punch and stuff and like what they've already built.

1551
01:34:04,860 --> 01:34:12,860
Imagine when this is unleashed to a million highly technically literate people that aren't quite programmers.

1552
01:34:12,860 --> 01:34:13,860
They're like me.

1553
01:34:13,860 --> 01:34:15,860
But they can build something.

1554
01:34:15,860 --> 01:34:24,860
They've got a really good code specialized like fine tune language model.

1555
01:34:24,860 --> 01:34:29,860
That world that world looks.

1556
01:34:29,860 --> 01:34:32,860
It's going to be wild.

1557
01:34:32,860 --> 01:34:36,860
It's going to be absolutely wild.

1558
01:34:36,860 --> 01:34:43,860
It's been it's it's it's so exciting though to because to to kind of bring it full circle.

1559
01:34:43,860 --> 01:34:51,860
This is also why governments are so intent on AI safety in quotes.

1560
01:34:51,860 --> 01:34:52,860
Oh, 100%.

1561
01:34:52,860 --> 01:34:57,860
This is exactly because it all again comes back to controlling the narrative.

1562
01:34:57,860 --> 01:35:00,860
It comes back to centralizing the power.

1563
01:35:00,860 --> 01:35:07,860
It comes back to I think they're they're actually getting they're kind of understanding the.

1564
01:35:07,860 --> 01:35:20,860
The severity of the situation with AI like AI has really the potential to just completely upend their moat current mode of control.

1565
01:35:20,860 --> 01:35:24,860
Like the Google Google, you know, Google has no mode open AI has no mode.

1566
01:35:24,860 --> 01:35:26,860
The fucking state has no mode.

1567
01:35:26,860 --> 01:35:36,860
Like this is because when you talk about being the arbiter of truth, you know, and even just as a small example you think about you here's, you know, I mean, imagine fucking politics.

1568
01:35:36,860 --> 01:35:51,860
On the debate stage as a really rudimentary example, but politicians in the debate stage getting fact checked in real time by an AI that's able to say, you know what you said you didn't say that but here we have in put it up right up on the screen behind them.

1569
01:35:51,860 --> 01:35:58,860
We here's where you said that actually like five times in the last week, you know, oh, you're quoting these numbers.

1570
01:35:58,860 --> 01:36:01,860
Those are actually completely incorrect or based on a false premise.

1571
01:36:01,860 --> 01:36:07,860
Like, as just a that's an example that could happen right now, maybe it will happen.

1572
01:36:07,860 --> 01:36:09,860
I mean, it's going to happen on social media.

1573
01:36:09,860 --> 01:36:13,860
You're going to have people because you're able to search more effectively.

1574
01:36:13,860 --> 01:36:25,860
Like now when you want to take your example when you want an answer to something, but you don't know exactly quite how to ask the question to Google like you have to be very specific with Google to get good answers.

1575
01:36:25,860 --> 01:36:30,860
And even when you're very what you're looking for exactly exactly what you're looking for in the correct way.

1576
01:36:30,860 --> 01:36:40,860
And you're still going to get half a page of ads that are maybe unrelated and then the top, you know, things and one of and all of them.

1577
01:36:40,860 --> 01:36:44,860
Excuse me, all of them are going to be like first of all, before you even get your answer.

1578
01:36:44,860 --> 01:36:54,860
It's like when you even if you search for a recipe online, you know, it's like the first fucking two pages of the recipe are like when I first had Graham, you know, Grandma me, my banana bread.

1579
01:36:54,860 --> 01:36:59,860
Oh my goodness, I couldn't believe my and it's like you get all this junk, all this noise before you actually get your answer.

1580
01:36:59,860 --> 01:37:02,860
All this noise before you actually get the signal.

1581
01:37:02,860 --> 01:37:05,860
AI is able to deliver you that signal right out of the gate.

1582
01:37:05,860 --> 01:37:09,860
And I think that ability again, because it's a tool.

1583
01:37:09,860 --> 01:37:19,860
It's just it's a tool. It's a tool that we can use to augment and enhance our experience and our capabilities and to massively offload those menial tasks.

1584
01:37:19,860 --> 01:37:28,860
But it's also a tool of empowerment that in the hands of everyone takes a lot of the teeth out of the state.

1585
01:37:28,860 --> 01:37:33,860
Because then they, you know, I think it just it scares them shitless.

1586
01:37:33,860 --> 01:37:39,860
The capabilities of again, and as you said, like the door just opened, but man, that is a big door.

1587
01:37:39,860 --> 01:37:41,860
And there is a lot coming out of it.

1588
01:37:41,860 --> 01:37:45,860
And it's coming out faster than anything has ever come out.

1589
01:37:45,860 --> 01:37:49,860
And the intersection of all this happening at once.

1590
01:37:49,860 --> 01:37:57,860
You know, Bitcoin really starting to enter the public psyche in more, let's say legitimate ways than it has previously.

1591
01:37:57,860 --> 01:38:07,860
Because I think with each cycle, you see more of that. You see more people saying, you know what, maybe that New York Times article I read three years ago about Bitcoin was actually full of shit.

1592
01:38:07,860 --> 01:38:11,860
Because now I also see how full of shit they are about so many other things.

1593
01:38:11,860 --> 01:38:28,860
And then you have noster and you have incredible purely peer to peer tech, key hole punch, like so many things that cannot be shut down, or at least can't be shut down in their entirety.

1594
01:38:28,860 --> 01:38:40,860
So many pipes where information can flow in a unrestricted way in which it has never flown before and can be accompanied by value.

1595
01:38:40,860 --> 01:38:46,860
And value that is actually meaningful and not just printed by a bunch of old fucking idiots.

1596
01:38:46,860 --> 01:38:57,860
I'm not idiots, they're smart enough to be where they are, but that doesn't say much but printed by a bunch of old fucking kleptocrats behind closed doors.

1597
01:38:57,860 --> 01:39:01,860
That is fucking powerful. And then you throw AI on top of that.

1598
01:39:01,860 --> 01:39:10,860
And what it enables more and more people to do that they could never have done before. That's a fucking powerful, powerful storm brewing.

1599
01:39:10,860 --> 01:39:21,860
The crazy thing is it compounds. That's what's nuts. Is that each of these things in isolation are powerful.

1600
01:39:21,860 --> 01:39:31,860
But all of these things together, like people people don't think about it, but noster, Keat, AI, all of these things make Bitcoin stronger.

1601
01:39:31,860 --> 01:39:34,860
And Bitcoin makes all of those things stronger.

1602
01:39:34,860 --> 01:39:48,860
One of the thoughts I had recently in trying to try to figure out if you listen to that episode with Jeff Booth and Pish talking about AI and building the personal AI.

1603
01:39:48,860 --> 01:39:56,860
Well, I've been going down like similar paths and like playing tinkering with similar things.

1604
01:39:56,860 --> 01:40:09,860
And one of the thoughts that I had, especially as I've been trying to systematize the show and bring on producer and designer and stuff to kind of like do a lot of the stuff in the background is that I'm realizing that I needed.

1605
01:40:09,860 --> 01:40:19,860
I think I said before the show is that, you know, I had my stuff was organized in the sense that like my shit is scattered all over my desk. But if I sit down at it, I know where everything is.

1606
01:40:19,860 --> 01:40:28,860
There's so many else that's down out there like what is happening right now. And like so like that's that's how my show worked for a really long time.

1607
01:40:28,860 --> 01:40:40,860
So when I had to build the system such that somebody else could come in and run it, and that if somebody left, I could put somebody in that place. And basically they could pick up where they left off.

1608
01:40:40,860 --> 01:40:48,860
I've had to rethink how all this stuff works and one of the things I've realized and one of the things I'm going to going to be doing.

1609
01:40:48,860 --> 01:41:07,860
I haven't haven't really figured out the sort of lane chain pieces of the puzzle to get this to really integrate with the way everybody's working. But I don't think it's far away that there's either a pre built solution already, or I figure it out.

1610
01:41:07,860 --> 01:41:22,860
But I'm going to be able to teach an LLM how to run the business, such that it can train whoever comes to replace any individual person like it can guide them you know what do you do you give them an instruction book.

1611
01:41:22,860 --> 01:41:26,860
Right. You say here are all the things here are all the websites that you need.

1612
01:41:26,860 --> 01:41:44,860
Here's access to the logins or, or whatever. And like here's the structure here's where you need to like list all the accounting stuff like it's just a giant set of instructions about what place in the business you are, and how the entire business operates.

1613
01:41:44,860 --> 01:42:05,860
I think something that will become a major piece of our future, because anybody who figures it out, first and starts doing it will be so, so ahead of the game of everyone else is an LLM that's trained to run a business is that it's trained on how the business operations work entirely.

1614
01:42:05,860 --> 01:42:16,860
It understands the HR department, it understands the accounting department, it understands the design and marketing department, and it can increase the bandwidth of between them.

1615
01:42:16,860 --> 01:42:35,860
How often does tech support not understand what the hell marketing needs and marketing doesn't understand what the hell tech support needs, like, because they don't have they're not in the same groups they don't they don't go to the water, the whole together to chat or whatever their cigarette breaks are in the right place they don't have no they have no idea who each other are, and they're always just like

1616
01:42:35,860 --> 01:42:53,860
marketing just always screwing up stuff for tech support they're telling the customers this and that's not what they should be saying. Imagine if you have an LLM this literally bridging the gap between all of those different people, so that you can actually know who to get in touch with, and how things are working

1617
01:42:53,860 --> 01:43:08,860
and how important for each, like you could literally as marketing, you could ask, you know, what would tech support respond to this situation or whatever and if it's been plugged in and fine tuned with all of the concerns and things that's happening in tech support.

1618
01:43:08,860 --> 01:43:14,860
Well, then it's going to explain to them that this is probably where you might butt heads after you do this.

1619
01:43:14,860 --> 01:43:36,860
It's a crazy thing. Everybody in that company picks up and leaves CEO leaves HR department leaves a bomb drops on the building. Everybody's gone. But you still have a copy of the LLM. You still have the business.

1620
01:43:36,860 --> 01:43:45,860
You can plug anybody. You can go get 100 people and you can plug it into it. And the LLM will tell them how to put it back together.

1621
01:43:45,860 --> 01:44:00,860
What is a business when the organization system can actually be codified such that it exists without people that it's stored and anybody else can come pick it up later.

1622
01:44:00,860 --> 01:44:11,860
I think we'll probably enter a place where the idea of a corporation just kind of becomes like IP like intellectual property in the bit torn age.

1623
01:44:11,860 --> 01:44:15,860
Is that sure they it kind of exists.

1624
01:44:15,860 --> 01:44:19,860
But it doesn't really exist.

1625
01:44:19,860 --> 01:44:32,860
In that same sense, what you know what's stopping everybody from having a small business. If it leaks Apple's LLM for how to run a business.

1626
01:44:32,860 --> 01:44:46,860
And now anybody who starts up a business out of nothing can basically get LLM advice on how to do their HR, how to do their accounting and they can get that from square one.

1627
01:44:46,860 --> 01:44:59,860
And what the hell's business school. Yeah, you know, like like think about like and that's just one application for using LLM for where it particularly shines.

1628
01:44:59,860 --> 01:45:09,860
In just in building sets of instructions and learning how to respond to people to to basically feedback on that and you could just you could do this.

1629
01:45:09,860 --> 01:45:17,860
You could train the already open source and generalized like LLMA to just fine tune to an insane weight.

1630
01:45:17,860 --> 01:45:21,860
Everything that goes inside goes on inside of your company.

1631
01:45:21,860 --> 01:45:28,860
And now the idea of a business structure is just kind of like this open source thing that just keeps getting iterated on.

1632
01:45:28,860 --> 01:45:31,860
And now you have open source money.

1633
01:45:31,860 --> 01:45:36,860
Now you have open source business structure as an AI tool.

1634
01:45:36,860 --> 01:45:42,860
You have open source distributed communications.

1635
01:45:42,860 --> 01:45:54,860
Again, this compounds this compounds, you know, like there's a part of me that you know just sees kind of like all the writing on the wall with the debt and fiat and where we are in that cycle.

1636
01:45:54,860 --> 01:46:05,860
But then there's another part is like, but what does this look like when this stuff is all really moving like I still think we're just barely figuring like I'm still just realizing like basic things.

1637
01:46:05,860 --> 01:46:10,860
That I can do with AI, you know, and I use it a lot.

1638
01:46:10,860 --> 01:46:13,860
You know, I don't go a day without using something.

1639
01:46:13,860 --> 01:46:20,860
And I'm still I still feel like I'm just getting into the mindset to realize where it's useful.

1640
01:46:20,860 --> 01:46:31,860
Like another one that I found out and I covered this in the last episode on AI on chain was I just was five ways I think you should be using AI.

1641
01:46:31,860 --> 01:46:37,860
And I was like, I should just do an episode on like, what am I mostly using for it using it for right now.

1642
01:46:37,860 --> 01:46:54,860
And I've been using AI a ton for troubleshooting, especially troubleshooting stuff that was brand new that didn't have anything online that I couldn't search stack overflow or you know, whatever it is to to get to get somebody else who had a problem.

1643
01:46:54,860 --> 01:46:57,860
There were no issues on GitHub yet.

1644
01:46:57,860 --> 01:47:11,860
And so there wasn't anything to search. But the funny thing is is like when I use GPT or Llama or whatever to to do troubleshooting is that I can get it to read stuff.

1645
01:47:11,860 --> 01:47:19,860
So sure, it can't like scour the internet and there's no like example but I can feed it the whole docs.

1646
01:47:19,860 --> 01:47:30,860
Like I can go like I'm not going to have time to read docs for prim AI. That was one of the ones that I started is like one of the first ones that I did this with was an AI program to run models.

1647
01:47:30,860 --> 01:47:35,860
And, and I couldn't get it. I kept running into an error on Linux.

1648
01:47:35,860 --> 01:47:49,860
And so I literally just went to the thing and I was like copy, I was just like copy paste entire pages of docs and I was just like, and my prompt was like, I'm going to feed you documentation for this application because I'm trying to figure out how to install it.

1649
01:47:49,860 --> 01:47:52,860
And I keep running into bugs.

1650
01:47:52,860 --> 01:47:59,860
I'm just going to feed you this so just only respond with yes I received and and don't do anything else.

1651
01:47:59,860 --> 01:48:08,860
And I'm just going to keep pasting it and I'll let you know when I'm done. And so I just like grab a whole page and paste it in this is yes, yes, I have read this or cook copy paste.

1652
01:48:08,860 --> 01:48:14,860
Yes, I have read this like it would just like do this over and over again until I got to the end of it. And then I said, okay, here's what I'm doing.

1653
01:48:14,860 --> 01:48:16,860
And I get my entire terminal output.

1654
01:48:16,860 --> 01:48:18,860
And I pasted that in there.

1655
01:48:18,860 --> 01:48:27,860
And I said, this is what I'm trying to do. And this is the errors I'm getting. Can you tell me what's wrong and what I might do to do this three iterations.

1656
01:48:27,860 --> 01:48:33,860
I had it running. Wow, like three back and forth. And it was specifically because it read the docs.

1657
01:48:33,860 --> 01:48:36,860
Like the information was in the docs. I had no idea where.

1658
01:48:36,860 --> 01:48:41,860
So I wouldn't have been ever to do it myself, you know.

1659
01:48:41,860 --> 01:48:53,860
And but then one of the other revelations that I had in that moment was, you know how like you do like a bunch of troubleshooting stuff, especially with AI.

1660
01:48:53,860 --> 01:49:02,860
Like I said, I troubleshoot constantly. And you get this.

1661
01:49:02,860 --> 01:49:14,860
In my myself in particular is I'll figure out some sort of problem and I'll be like, okay, even footage, God, the amount of footage that I have on my computer for like tutorials that are never made is insane.

1662
01:49:14,860 --> 01:49:17,860
Insane. I probably have 400 gigs worth of video footage.

1663
01:49:17,860 --> 01:49:23,860
It's just like me doing stuff that I just never edited into a tutorial because it didn't have the time. You know, I got back to the show.

1664
01:49:23,860 --> 01:49:27,860
I was like, I'll do it next week. It wasn't high on my list.

1665
01:49:27,860 --> 01:49:33,860
And so I was thinking, okay, well, now I figured out this thing with Prim.

1666
01:49:33,860 --> 01:49:39,860
And again, there was no nothing on the internet like so inevitably somebody else is going to have this problem.

1667
01:49:39,860 --> 01:49:41,860
Someone's going to try to run in a Linux and they're not going to figure it out.

1668
01:49:41,860 --> 01:49:47,860
I was like, I should make a tutorial of this at some point. And I was like, all right, I'll set it aside.

1669
01:49:47,860 --> 01:49:52,860
And it was like 10 minutes later. And I was like, wait a second.

1670
01:49:52,860 --> 01:49:55,860
My tutorial is my chat GPT chat window.

1671
01:49:55,860 --> 01:49:58,860
Yeah, like I just gave it everything.

1672
01:49:58,860 --> 01:50:10,860
And I went back to it and I just said, hey, can you can you distill out everything that's important for anybody who has this problem and just take out the blocks of course.

1673
01:50:10,860 --> 01:50:21,860
Take out the blocks of code like the commands that are relevant and then write a really succinct tutorial for like like a six or seven step tutorial for fixing this if anybody has this problem.

1674
01:50:21,860 --> 01:50:28,860
And I said, sure, here. And it was like a perfect tutorial of everything that we had just gone through.

1675
01:50:28,860 --> 01:50:37,860
And I was like, I never like my the having the problem is having the written solution now.

1676
01:50:37,860 --> 01:50:50,860
Yeah, simply going through the process. It is now a pure just compute the answer with the LLM to having a full tutorial for it written online.

1677
01:50:50,860 --> 01:50:57,860
Probably point zero one percent of the problems that people solve on the computer actually gets published online.

1678
01:50:57,860 --> 01:51:06,860
You know, like anytime that somebody actually publishes this is how to fix this problem, you know, a thousand people fix the problem and didn't publish it and 10,000 people had the problem and gave up.

1679
01:51:06,860 --> 01:51:14,860
You know, like it's just a tiny portion that makes it online when the barrier to publishing is that small.

1680
01:51:14,860 --> 01:51:17,860
Imagine how much more gets published.

1681
01:51:17,860 --> 01:51:23,860
Like just a 10x just a 10x makes the Internet so much more valuable.

1682
01:51:23,860 --> 01:51:35,860
On top of having the LLM to troubleshoot with which you can now train on all the tutorials that are getting published online, you know, like beautiful virtuous cycle.

1683
01:51:35,860 --> 01:51:37,860
Honestly, it only gets better.

1684
01:51:37,860 --> 01:51:39,860
Like just it's just more information.

1685
01:51:39,860 --> 01:51:40,860
It keeps getting better.

1686
01:51:40,860 --> 01:51:47,860
And like even with, you know, just to take the the very, you know, I don't know if I want to call it cookie cutter, but but chat GPT.

1687
01:51:47,860 --> 01:51:54,860
Like that's the that is the AI that most most people are using to interact with this technology.

1688
01:51:54,860 --> 01:51:59,860
Now that they've enabled the ability to create your own GPT's directly in the interface.

1689
01:51:59,860 --> 01:52:00,860
Like it's amazing.

1690
01:52:00,860 --> 01:52:04,860
I've created like five of them so far where it's like, yeah, I want one specific.

1691
01:52:04,860 --> 01:52:12,860
I want one specifically for researching and analyzing and troubleshooting issues with two way radios.

1692
01:52:12,860 --> 01:52:15,860
Part of my fiat mining work.

1693
01:52:15,860 --> 01:52:17,860
And I did that.

1694
01:52:17,860 --> 01:52:21,860
And with just written commands that no coding involved.

1695
01:52:21,860 --> 01:52:28,860
And if I want to, I can attach documents to it and I can do all that in the chat GPT interface.

1696
01:52:28,860 --> 01:52:30,860
And then I can publish that GPT and others can use it.

1697
01:52:30,860 --> 01:52:33,860
And I think they're putting out a store fairly soon for this.

1698
01:52:33,860 --> 01:52:53,860
Like, I don't know how the monetization of that's going to work, but either way, it's extremely useful because now you've just lowered the barrier to entry again for people who, you know, are not proficient in coding, but also are not even proficient in like, they're

1699
01:52:53,860 --> 01:53:00,860
not even going to go to the GitHub and download, you know, a code base for something and and run it locally on their machine.

1700
01:53:00,860 --> 01:53:15,860
Like now you've given them a way to do this, just right in that interface, it's existing, like the barrier to entry to productive usage of this technology just keeps getting lower and lower and lower.

1701
01:53:15,860 --> 01:53:26,860
And it's, again, you pointed this out well, you know, it's like, I think about all of the doom and gloom that I am also well aware of in this world.

1702
01:53:26,860 --> 01:53:29,860
Yeah, hard to not be, you know.

1703
01:53:29,860 --> 01:53:37,860
And like, it's easy for a little bit of cynicism or a touch of Nile, you know, just a dash of nihilism to set in there.

1704
01:53:37,860 --> 01:53:52,860
But then I think of all the incredible like this again, these compounding effects that you talked about in this confluence, this beautiful coming together of all these different technologies and we happen to be alive at this moment in space and time.

1705
01:53:52,860 --> 01:54:09,860
And here, while all this is happening, like that's fucking exciting and that gives me so much hope. And that's, it's a beautiful thing. And I think, you know, the future is what we make of it and it has the potential to be very, very bright.

1706
01:54:09,860 --> 01:54:27,860
And these tools, I think give that bright future, an increasing chance of happening the longer they go on without somehow being coopted and centralized and luckily some of them can't be overly centralized like, you know, once you're running,

1707
01:54:27,860 --> 01:54:42,860
you know, you're running it locally, like, okay, what's something they're gonna come to your house and smash your computer and, you know, whatever, like, it's yours now, you're running it. Like, you're good, you're running your own, you know, models AI models,

1708
01:54:42,860 --> 01:55:00,860
you're running your own machines, like, unless somebody comes and confiscates all your shit, you know, which let's let's never rule it out, right, but yeah, these decentralizing forces that allow people to be able to have more autonomy to move a little bit more in the right

1709
01:55:00,860 --> 01:55:15,860
direction on the spectrum of sovereignty. That's a really hopeful thing. And I'm, I'm glad to be alive at this moment. Like, it's an exciting fucking time. You know, yeah. Yeah, it's certainly better than like the fucking Middle Ages.

1710
01:55:15,860 --> 01:55:29,860
Wow. We've got fucking, you know, something you said earlier, the, you know, about like the okay, you know, used to think like learn to code and now it's like, no, you don't need to necessarily learn to code like, it's like now it's gonna be like literally like learn to plum, like learn to

1711
01:55:29,860 --> 01:55:51,860
carpent, like learn to do something. It's coming back. It's coming back. And like, and it should get more respect and more attention. Because like, you think about it, the move away from it was artificial. Yeah, it was, it was it was contrived because of the it was the it was the fiat offloading of our

1712
01:55:51,860 --> 01:56:07,860
factoring base. It's purely because our paper outpriced our work. Yeah, like that's the only reason that this happened. So it's going to come back, not because it ever wasn't, it simply wasn't valuable enough, like there was never a time in which blue collar

1713
01:56:07,860 --> 01:56:25,860
work was not foundation of all of this. It was simply that the amount of theft of that made what the apparent wealth of society, not in the blue collar space, like it basically siphoned it off into the finance apparatus.

1714
01:56:25,860 --> 01:56:42,860
And then we offloaded everything that we could all of our production and manufacturing externally into, you know, foreign entities or whatever, because we just exported our paper instead of products. And people are going to stop using the paper.

1715
01:56:42,860 --> 01:56:58,860
And we're going to find out that if you don't make stuff, you don't have stuff. If you don't, if you don't clean the pipes, your shit comes right back up out of the toilet. And you know, that's that's the era we are in. We're just finding out that that was a big mistake.

1716
01:56:58,860 --> 01:57:09,860
So we're gonna have to reverse 30 years on that front. But blue collar was actually always the coolest. Amen. It's just we we got lied to about it.

1717
01:57:09,860 --> 01:57:27,860
Yes. That's, you know, guy, that's a that's a beautiful note to end on. Learn learn how to use your hands. How about we'll say that, learn, learn how to do it. It's great to do things digitally, virtually. But it is wonderful to be able to do some fucking actual useful shit with your hands so you can hopefully

1718
01:57:27,860 --> 01:57:41,860
have a few problems yourself when you need to. And if all goes to shit, and you know, the internet turns off and they detonate EMPs over every, every country. Well, you know, then, then you really may need to but let's hope it doesn't come to that because we're gonna be good to have a hammer.

1719
01:57:41,860 --> 01:57:59,860
Yeah, it'd be really good to have a hammer. But the guy, you know, man, thank you so much for this chat. I could I could go on with you all day and night. But of course, your time is scarce. And I appreciate you sharing it. You know, Bitcoin podcasts are very abundant.

1720
01:57:59,860 --> 01:58:12,860
But Bitcoin is scarce. So thank you for sharing your scarce time to talk about Bitcoin, Noester AI, Keet, Hole Punch, using your hands on this fucking podcast. I appreciate it very much. I'll link all your

1721
01:58:12,860 --> 01:58:29,860
Yeah, man. All your stuff in the show notes. For anybody who hasn't checked out, you know, I think most people that'll listen will have heard of Bitcoin audible if they're listening to this show. But maybe they haven't checked out AI on chain yet. So I would highly recommend folks do that if they have any interest in this, which I hope you do because you

1722
01:58:29,860 --> 01:58:41,860
should at least find it somewhat interesting because it can really fucking help you. There are a lot of ways where it can help you so study up a little bit and guys podcast is a great fucking way to do that.

1723
01:58:41,860 --> 01:58:59,860
Yeah, my pitch, my pitch would be just listen to that one of the five ways that I think you should be using AI and start there because because I think this is one of those things where, you know, when your friend first gets a smartphone and like five or six months you

1724
01:58:59,860 --> 01:59:19,860
can analyze how productive and connected and everything that they are, like, there won't be a, oh, I want to stay away from AI. I want to stay away from LLM's. That's not going to happen. This is this is going to be, this is going to be an order of magnitude more important than the hardware

1725
01:59:19,860 --> 01:59:37,860
that we've seen over the last 15 years. And I can vouch for that purely because of how much more productive and organized my stuff is. The crazy thing of just having having one that can like just have a set naming convention, like in format for like files and how to archive

1726
01:59:37,860 --> 01:59:57,860
stuff and like organize stuff on my computer that happens automatically. But like, I just, you know, iterated 10 times on basically an app that I run stuff through a micro app that will just set everything so that it's, it's the same like I don't have to think about the way that I

1727
01:59:57,860 --> 02:00:12,860
can name stuff. I just, I label it according to how I use it, or what it is. And then it deals with it. I'm going to have one that will do like image vectors, and it's going to come up with file names itself. I'm getting close to all the pieces of it.

1728
02:00:12,860 --> 02:00:28,860
But I'm going to have it so that it will literally organize my memes for me so that when I download something that's just like a name and like a bunch of random characters and shit I can just drop it in this thing. It will pull out all the main elements and tags it will create a file name it will put it in the

1729
02:00:28,860 --> 02:00:44,860
place. And, and I'll be able to organize it based on reaction or whatever. Like I'm telling you like these things are going to be massive. I'm going to I'm going to figure out a screenshot because people memes, just like memes are like next level, and people get real serious about their

1730
02:00:44,860 --> 02:01:00,860
meme cataloging. And that's what I that's what I need to do. That's that's the project that would be most fun and hilarious and I think I think a ton of people would love that video on YouTube if I broke down how to make like the perfect, the perfect

1731
02:01:00,860 --> 02:01:06,860
AI based meme for cataloging memes and shit.

1732
02:01:06,860 --> 02:01:18,860
I will use that yesterday, like that it would genuinely be so fucking useful and just for like we all have so many fucking screenshots of so much random shit that you end up never going to again.

1733
02:01:18,860 --> 02:01:25,860
Oh, you know, I hate it. And it's just the worst and then it just clogs up your memory. Yeah, I have four computers worth.

1734
02:01:25,860 --> 02:01:42,860
Like, like, it's so unorganized. I literally have these like, like 2022 stacks, or whatever that just like never got organized. And so just like drop that some folders somewhere and I've got like this, this cataloged history of unorganized just like, like that room in

1735
02:01:42,860 --> 02:01:54,860
your house is just shit. Oh, God, oh God, so much of my computer is that I'm going to figure it out. I'm going to figure it out. And I'm going to get it to go through all of those folders and organize all of that stuff and label it.

1736
02:01:54,860 --> 02:02:02,860
When I when I find the magic button, I will I will definitely share it out and you'll hear about it all over all over AI and change.

1737
02:02:02,860 --> 02:02:06,860
I'm stoked. Your pledge has been publicly recorded now.

1738
02:02:06,860 --> 02:02:15,860
So we'll all be holding to it. I am going to hold you to it. But man, this this is a blast. Great picking your brain great hanging out here.

1739
02:02:15,860 --> 02:02:25,860
And I'm looking forward to to to seeing you in the in the new year at some point once once things you know once I'll see you in time.

1740
02:02:25,860 --> 02:02:32,860
Yeah, that sounds nice. Yeah, I'm excited. I'm excited. We're going to Tennessee this year and I know I'm too.

1741
02:02:32,860 --> 02:02:38,860
I've I've I've nixed everything all of my conferences and traveling until then.

1742
02:02:38,860 --> 02:02:45,860
But then the having will be right around the corner and I'll probably be like constantly traveling there for like a couple of months.

1743
02:02:45,860 --> 02:02:52,860
That would be really exciting. But I think I'm going to have a lot of really cool things to share because I'm trying to get a couple of big projects done.

1744
02:02:52,860 --> 02:02:56,860
So we will talk.

1745
02:02:56,860 --> 02:03:00,860
I can't wait, man. It's always a pleasure. Guy. Thank you so much, man.

1746
02:03:00,860 --> 02:03:09,860
Oh, yeah, man. You too. Take it easy, dude.

1747
02:03:09,860 --> 02:03:14,860
And that's a wrap on this Bitcoin talk episode of the Bitcoin podcast.

1748
02:03:14,860 --> 02:03:23,860
If you are a Bitcoin only company interested in sponsoring another fucking Bitcoin podcast, head to Bitcoin podcast net or hit me up on social media.

1749
02:03:23,860 --> 02:03:32,860
On noster, head to primal net slash Walker and on Twitter, search for at Walker America or at Bitcoin podcast.

1750
02:03:32,860 --> 02:03:43,860
You can also watch the video version of this show on X or on YouTube by going to YouTube dot com slash at Walker America or rumble by searching for at Walker America.

1751
02:03:43,860 --> 02:03:47,860
Bitcoin is scarce. There will only ever be 21 million.

1752
02:03:47,860 --> 02:03:56,860
But Bitcoin podcasts are abundant. So thank you for spending your scarce time to listen to another fucking Bitcoin podcast.

1753
02:03:56,860 --> 02:04:21,860
Until next time, stay free.