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What flag theory for me is, is basically limiting your dependency on any one particular state.

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We're trying to take control back by self-custody.

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We are taking assets away from a centralized entity and educating ourselves on how we can

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have this radical ownership.

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Well, same goes for your citizenship.

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If you're born in one country, you only have one citizenship.

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The country basically has monopoly over you.

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And only 3% of people actually live outside of the country of their birth, which makes it 97% monopoly over you.

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And just this amount of dependency we have on our home country is painful because three-letter agency targeting you directly, you have nothing to do.

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At 6102 on Bitcoin, you have nothing to do.

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Civil unrest, you have nowhere to go.

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or your country gets involved in a geopolitical instability and decides to go to war and you don't sign up for it,

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well, what else are you going to do?

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So just having this another country to call home is just your geopolitical hedge against your home country's government,

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against government overreach, etc.

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So that's how I started Plumby Passport.

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I was already a Bitcoiner and I just kept talking how everybody needs a second passport.

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I did not have a company. I was not selling anything.

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I was just truly passionate about the fact that you can't put all your eggs in one basket.

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You can't have one citizenship.

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As a Bitcoiner, you must have a hedge in place.

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Bitcoin. If you are listening to this right now, remember, you are still early. Find me on Noster

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at primal.net slash Walker and this podcast at primal.net slash titcoin on X YouTube and Rumble.

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Just search at Walker America and find this podcast on X and Instagram at titcoin podcast.

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Head to the show notes for sponsor links. Head to substack.com slash at Walker America to get

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episodes emailed to you and head to bitcoinpodcast.net for everything else.

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Without further ado, let's get into this Bitcoin talk.

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Well, Katie, welcome. Glad we were finally able to do this. It's good to have you on the show on

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another fucking Bitcoin podcast. Appreciate being here. There's not...

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There's not enough Bitcoin podcasts any day, any time.

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40 hours per week is what we need, right?

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I've been saying that until we have more Bitcoin podcasts than TradFi podcasts, we just don't have enough Bitcoin podcasts.

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We're sitting here today.

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Bitcoin is ripping up to new all-time highs.

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It seems like a timid rip so far, though.

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It's up to like 113-something or 0.113 million.

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but it's like come on let's let's like let's really just like bust on through there so we

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can count it this this feels like okay it's like kind of an all-time high but like

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in a depreciating dollar so like is it really i don't know yeah we've seen 20 candles like what

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is this three percent yeah it's all-time high something to celebrate but like let's go let's

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have some fun let's turn it up to 11 just rip the fucking knob off you know yeah yeah well stoked

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stoked to have you here. There's a bunch I want to cover with you. You just, you're for folks who

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don't know. So you started Plan B Passport. Your company was then, it was just acquired this year,

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right? Or this was last year. Okay. By Citizen X. So I mean, maybe we can just start out. I think

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a lot of folks in the Bitcoin space know you, but like, how did you actually, I mean, you came to

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this country from Russia, I think like nine years ago, right? You have in that time learned English,

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started a family, started a business, had that business acquired,

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been at every Bitcoin conference I've been to, and then probably a ton more.

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How did all of this happen? How did you get to that point?

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And also, how did you just do so much in that time? It's quite impressive.

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It's that immigrant hustle, you know?

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Yeah, immigrant hustle, for sure.

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Well, I moved here as a 21-year-old, didn't fully have a plan,

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came here on a tourist visa. My original plan was to actually go back to school because I never

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graduated bachelor degree in Russia. And I was a professional athlete at the time. So I was like,

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universities will want me. And that was true. Like I was talking to coaches in really great

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universities, but they were like, okay, like just learn the language. That's all you're lacking.

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You need to pass the TOEFL exam, which is Test of English as a Foreign Language.

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So I came to the U.S. for the language school.

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And then shortly after, I realized that, OK, if I go to college, I'll have to deal with immigration for so many years.

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But I already have good enough credentials to actually apply for immigration through extraordinary abilities.

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Because I was in top 20 world ranking at the time.

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and usually America wants athletes to compete for America.

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So I applied.

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Four months later, my green card got approved.

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And funny enough, I got scammed by an immigration attorney.

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I paid her $12,000 to process my case, and she just ghosted me.

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So that was like...

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Lawyers, man.

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Or fake lawyers.

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I'm not sure in this case, I guess.

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I have yet to find out if she was a fake lawyer or not.

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She got recommended by other fellow immigrants anyway.

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Right. So that was like the beginning of Plan B Passport. I had to self-represent.

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And I was like, I'm kind of good at it. And I just, you know, went through the process myself,

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started helping other fellow immigrants to apply. They would self-represent themselves and I would

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just guide them. And it was truly just me trying to, you know, get my paperwork done here in the U.S.

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and then shortly after I always knew that I would be entrepreneur like growing up in post-Soviet

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world that was the only way to make it I was raised to be entrepreneur like at the age of nine

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I was starting my tiny little businesses going to like a country music festival selling little

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things that's how I made my first thousand dollars at the age of nine and that's how I got my first

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sailboat to get into the state state team and then the next year i got into national team so

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it's just it's like the snowball of yeah i i got a new boat i was able to get in the state team

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then i got into national team that national team else actually got me a green card in the u.s

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afterwards uh and it's just a butterfly effect how a small small wing of a butterfly causing a

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full typhoon on the other side of the world. Small little details in my life as a Russian

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child brought me here to be a Bitcoiner and selling passports for the last six years.

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It's pretty wild just thinking of that journey. I mean, so when you had to self-represent,

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you had to basically go through all of these steps. And for those of us who I did not really

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realize how difficult it was to both get into America. I mean, it must like you, you know,

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come across the Southern border under Joe Biden. Like I didn't realize how difficult it is to come

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into America the right way until I met Carla and started learning about her experience and learning,

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you know, she was born in Romania. Her dad was a defector from communism there because communism

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sucks and made it over here like eventually. But it was, I mean, she came over here when she

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was very young, just a couple of years old. And it took, I think, 13 or 14 years at least for her

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to become a citizen. And that was after her dad having been here for longer, her mom being here,

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that paying taxes out the ass, like you, you have to do a lot. It's not just, again, unless you're,

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you know, finding your way in under Joe Biden, but like people don't, Americans don't understand

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like it is difficult to do things the right way.

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And I mean, I'm sure that has been your experience as well,

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given you had to self-represent right from the start.

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Yeah, well, American immigration,

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there is a lot of legal ways to get paperwork,

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to get everything in order in the U.S.

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But the department that manages all of it

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is honestly kind of a shit show with their operations.

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I mean, they're super backlogged.

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That's one thing.

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They're not leveraging technology enough. The people, regular clerics have no idea what to do.

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But also, we had like such a crazy switch in the last election cycle from one side of the policies is like anybody who applies for political asylum, we take your application.

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You come live here and maybe 10 years later, you will get to court to defend your application.

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So you have spent 10 years living here to now saying no political asylum for very few things.

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And not everybody can just come across the border and apply.

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So and if you look what's happening now with ICE and this whole drama taking place in the U.S. immigration,

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we had 20 years of really weird policies that were keep going towards more free borders.

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and now we're slapping it and we're saying no this is not how it works and we're trying to clean it up

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and of course there's lots of overshooting going on and what what i mean is like i mean you can't

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clean up 20 years of policies and change them in four months without making mistakes and mistakes

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are definitely being made people are getting pissed and uh yeah like i mentioned civil unrest

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is starting based on these issues right now.

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Because some people who are currently in legal status

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and have no criminal records

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somehow end up in ICE detention.

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So that's just raising lots of questions.

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And again, you can't make such big changes

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without making mistakes.

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So that's why we're already seeing the ambush

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on ICE facilities here in Texas

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just last week on 4th of July.

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We see something going on in Oregon

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along the same lines in the state.

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In LA, Marines got deployed in the streets of LA to deal with the immigration issues, well, immigration protests.

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The protests, yeah.

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Yeah, so yeah, the U.S. immigration is super interesting.

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It has really good policies, truly attracting capital and attracting talent.

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America is one of the biggest importer of talent from all around the world.

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And it's great.

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Like, that's what you want.

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That's one of the routes of sovereign individual playing out, right?

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But at the same time, the U.S. immigration department needs to be, man, end the USCIS and rebuild it.

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And the Fed also end the USCIS.

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you know it's uh it it is pretty impressive like america is obviously like uh if you came to america

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for most of america's history was a self-selector for high achieving maybe a little bit a little bit

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crazy entrepreneurial risk takers like that's what built america was a bunch of people being like

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i hate it over here in europe or in you know wherever i am england ireland you know it doesn't

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matter. I hate it here. This sucks. I want to go make something of myself because there's no

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opportunities for me to do that here. And you can do that. And that's self-selection for risk takers,

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for people that are going to be, again, not, man, they're breaking the mold usually,

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is what has made America so great. And like, it should continue. Like you want that to continue.

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You want to attract the best people to your country. And I think now that people are less

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tied than ever by needing to be in a physical location to do a job, let's say. You can work

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from a laptop anywhere in the world. But ideally, as a country, you want somebody that's high

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achieving to be paying taxes in your country if they're raking in a bunch of money from other

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countries. So maybe we can take a little step back. Can we talk about Plan B Passport? Obviously,

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your company is now acquired by CitizenX, you're part of CitizenX, but like that basic idea and

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something that you've talked about a lot as like having your plan B, but also this flag theory.

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Can you get into that a little bit? Like what that means? Why should people care about that?

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Yeah. Well, as somebody who was born again, the post-Soviet country where the capital control is

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happening, seizure of assets is a normal Tuesday. And also that my passport doesn't get me anywhere

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in the world. I need to get a visa everywhere. I was prepared to be this passport lady because I

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lived through all these painful experiences. But what flat theory for me is, is basically limiting

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your dependency on any one particular state, right? We're trying to take control back by

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self-custodying. We are taking assets away from a centralized entity and educating ourselves on how

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we can have this radical ownership. Well, same goes for your citizenship. If you're born in one

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country, you only have one citizenship, the country basically has monopoly over you. And only 3% of

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people actually live outside of the country of their birth, which makes it 97% monopoly over you.

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And just this amount of dependency we have on our home country is painful because three-letter

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agency targeting you directly, you have nothing to do. A 6102 on Bitcoin, you have nothing to do.

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Civil unrest, you have nowhere to go. Or your country gets involved in a geopolitical instability

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and decides to go to war and you don't sign up for it. Well, what else are you going to do?

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So just having this another country to call home is just your geopolitical hedge against your home

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country's government, against government overreach, etc. So that's how I started 1B Passport. I was

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already a Bitcoiner and I just kept talking how everybody needs a second passport. I did not have

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a company. I was not selling anything. I was just truly passionate about the fact that you can't put

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all your eggs in one basket. You can't have one citizenship as a Bitcoiner. You must have a hedge

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in place. So I kept talking about it on Twitter for like a year and a half and people kept asking

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questions. And at this point, I was already pretty educated on what the world has to offer

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on a capitalist basis, like pay-to-play citizenship.

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So I just kept telling people where to go, what to do.

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And I realized that I have some audience, I have expertise,

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and I just started Plan B Passport.

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I mean, it's something that I think a lot of Americans,

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maybe myself included, don't think of a lot,

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this needing to have this optionality.

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Because again, we're born with a strong passport.

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like you know like like this arguably you know and you could probably debate this because you

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know a lot more about passports than i do but like the strongest passport in the world or at least

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one of them like it has been for a very long time like everybody wants that american passport it's

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why people flock here in droves that is not the case for much of the world like you were born with

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a weak passport like many people are born with a weak passport and so i think you know it's it's

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hard for Americans to wrap their mind around the fact that like, oh, yeah, you as an American,

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you don't need visas to go most places. Most other countries in the world, like if you want to come

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to America, you need a visa. You want to go a lot of places, you need a visa. Like it's not as easy

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as just like, you know, showing up. Here's my American passport. Let me in your country. Thank

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you very much, sir. Like it's just not the case. Let's talk about using Bitcoin the way it's meant

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to be used. Self-custodial, lightning fast and ready for the real world. That's exactly what

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BitKit Wallet is all about. BitKit Wallet is a clean, powerful Bitcoin and Lightning mobile

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00:16:52,360 --> 00:16:59,120
wallet that gives you full control on-chain and on Lightning. You hold the keys always.

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00:16:59,700 --> 00:17:05,400
Whether you're brand new or are a seasoned Bitcoiner, BitKit's intuitive wallet design

200
00:17:05,400 --> 00:17:11,620
makes it simple to send, receive, and manage your sats. QuickPay lets you fire off Lightning

201
00:17:11,620 --> 00:17:17,660
payments faster than ever and seamless integration between on-chain and Lightning means your funds

202
00:17:17,660 --> 00:17:23,860
are always where you need them. It's your daily driver Bitcoin and Lightning wallet and it actually

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00:17:23,860 --> 00:17:30,320
feels good to use it. And with modular widgets, you can personalize your experience to match

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00:17:30,320 --> 00:17:36,920
your style. There's even a Lightning node running right on your phone. No custodians,

205
00:17:36,920 --> 00:17:46,580
no compromises. Go to bitkit.to or search Bitkit Wallet in your app store and start using Bitcoin

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00:17:46,580 --> 00:17:55,840
like it's meant to be used. That's B-I-T-K-I-T dot T-O. I got rejected on the U.S. visa prior to

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coming here. I got rejected and then I had to reapply and it takes $400 and four weeks of wait

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and an interview and providing your financial information,

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like bank statements and buying tickets,

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showing them the return tickets.

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Yeah, it's a whole process.

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It's a due diligence on you for sure.

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And I've read on Twitter recently

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that you had 17% chance of being born in India,

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which is very weak passport, very weak passport.

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So yeah, your chances to be born

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with one of the most desirable passports in the world in one of the still most desirable locations in the world are not that big And that why you probably never thought about hedging

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against your home country government,

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because you had it good for a very long time.

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This was the place to go.

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This is where the entire world was immigrating to,

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the country of immigrants, for a reason.

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The ambitious people come to the U.S.

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And it is still the case.

225
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In 2025, it's still a very desirable location.

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And most of my clients do not relocate from America.

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They stay here.

228
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They enjoy their lifestyle, but they're hedging.

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They're just making sure that there is a plan B in place for their entire family.

230
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They either acquire it through investment or they acquire it through, let's say, you have some ancestral ties to Europe.

231
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Your children can still get Romanian citizenship through Carla, right?

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and sometimes it can go two three generations down um which people utilize this option like

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you have great grandparents from poland go get polish citizenship just uh just to hedge

234
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let's see if i fixed it i think i did can you still hear me the sound is much better yeah yeah

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you know this is what happens when i don't have a producer i don't have somebody to check to be

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like hey uh you are on the wrong microphone so now now now we're better um but but yeah so i mean

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it's tough. I think people also, there's this feeling that like, okay, getting another passport

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is like out of reach for me. Like this is something that like only people who have $5 million or,

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you know, exceptional ability. I don't even know if they still are doing that one in the US. Maybe

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you can talk about that as well. But like this feeling like, oh, come on. Like I can't possibly

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be able to afford that. I don't have 5 million or a couple million lying around, but there are

242
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other paths to this, right? So can you maybe talk about like, maybe just like, how do you go through

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this with clients? Like, what do you look for? What kind of questions do you ask? What kind of

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questions should people ask themselves maybe to figure out what reasonable options do I have?

245
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Maybe some people do have that. I mean, a lot of people have a lot of money. And Bitcoiners

246
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increasingly more so, right? But maybe they don't have a couple million to blow on something. What

247
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what other questions, what other options are out there? How can people go about this?

248
00:20:52,403 --> 00:20:58,063
Yeah. So I always say flat theory is a security model. So when you come up with your Bitcoin

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security, you consider what are the tools out there, right? You look into, there is a cold

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card, there's foundation device, there is a paper wallet, there is a seat plate, and you just

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play around your attack vectors, what you are willing to spend on your security model,

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what you actually need, what are your goals, etc. Do you need an inheritance plan?

253
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And then you customize this model. So same goes for your needs and attack vectors

254
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when you consider your flag theory. So of course, it does depend on your net worth, right? Because

255
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there's a handful of countries that offer citizenship through investment. And only

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citizenship by investment truly allows you pick and choose citizenship in under a year, right?

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Because that's true capitalism applied to nation state services.

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So that we're talking about countries like Serbia, Caribbean offshore jurisdictions, El Salvador, Argentina is launching in a couple of months.

259
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So Turkey would be another one.

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And you can actually pick and choose considering what are your geopolitical risks, what's your home country government, etc.

261
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Now, we're talking about $300,000 average check or so.

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I'd even say even more so, closer to $400,000 on average.

263
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And is that for either investment or in those cases, direct payment to that government in question?

264
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Depends on the jurisdiction.

265
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So with Turkey, you buy real estate, $400,000 worth of it.

266
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With Caribbean islands, it's mostly donation.

267
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El Salvador, $1 million donation. So depending on the country, and by the way, I'm talking about like a family offering, right? So it's not that per family member. It's you do one donation and under this one donation, you can qualify main applicants, spouse, children under 30 years old in some cases if they're unmarried, your parents who are 55 years old plus. So like three generations can go under the same donation.

268
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So big families apply together quite often.

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And then, again, depending on jurisdiction, you can consider who can be dependent.

270
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But then what else do you have in your flag theory toolbox?

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You have citizenship by descent.

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You can't choose because that depends on where your ancestors are coming from.

273
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But most countries in Latin America will allow you to get citizenship if your grandparents were born there.

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A lot of countries in Europe, almost all of them will allow you to get citizenship if it was parent or grandparent.

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Some jurisdictions will go back as far as four generations, as long as the lineage has not been broken.

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So we do genealogical research on behalf of our clients to know all the life facts, like when they move to the U.S., when the naturalization happens, when the marriage happens, to consider if they qualify for the citizenship by descent.

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Of course, on top of it, we have actual relocation and naturalization, right? So just like I moved to the US, got my permanent residency, and then we'll get my citizenship. You could move, let's say, to Mexico tomorrow, get yourself residency based on financial solvency and based on showing your income from abroad.

278
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they will welcome you as a resident because you're earning money elsewhere and bringing it to Mexico

279
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and then after five years of being a resident and spending some time there in the last two

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you will be able to apply for naturalization and become a citizen of Mexico too and that works also

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for majority of the world so as long as you legally move to the country usually spend five

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years there you are able to apply for citizenship so there are many routes that will allow you to

283
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get citizenship and just like for me i used citizenship through exception basically right

284
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or like based on my skills skill-based immigration is one of my favorite topics as well because do

285
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uh do podcasters qualify for that or is that usually uh usually not the case they do like

286
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really yeah go to dubai you will probably be able to get uh the residency there based on your media

287
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appearances. Wow. I was halfway joking, but good to know. Okay. Yep. So it is very interesting.

288
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And citizenship by investment is a true capitalism applied to nation state services, right? And

289
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like this pair of Bitcoin plus citizenship through investment is truly the union of

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sovereign individual because now we have the money that can be moved across borders very easily.

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And we have individuals who are willing to cross borders for better life. And by better life,

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I also mean things like lower taxes, better regulatory environment, free speech, and things

293
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like that. So now with their lack of ability to control the capital, because we can move across

294
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borders with 12 words in our head, they actually have to start competing, not just preventing us

295
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from leaving, not just gatekeeping the capital. They actually have to start competing for the

296
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fruits of our labor, for our capital. And that's what we're seeing happening right now. Like El

297
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Salvador just turning around the country and saying, hey, we are actually pro-economic freedom.

298
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We're going to say zero corporate tax for 10 years. Of course, we're going to see Google and

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what other, NVIDIA and Tether moving to El Salvador because you open the doors for businesses,

300
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you let them build, they come and build.

301
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We're going to say you can come and be a citizen of El Salvador

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and we are actually taking a strong stand

303
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against whatever bullshit is happening in Europe.

304
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Well, come be a citizen for nine bitcoins.

305
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And that's how they're going to stack.

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They're attracting capital, they're attracting citizens,

307
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and people are paying the price for that.

308
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And that's how I see the nation-state race for stacking bitcoin

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that will evolve.

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Like right now we see public companies issuing shares to buy Bitcoin.

311
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Well, El Salvador can't issue US dollars to buy Bitcoin.

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They don't have access to money printer,

313
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just like most of the world doesn't have access to money printer

314
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because their currency is already very weak.

315
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The US dollar is getting weaker by the day.

316
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So they can't just print money to buy Bitcoin.

317
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They have to provide some value and they have to bring in capital.

318
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what is the one asset they can issue in order to buy Bitcoin?

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Well, that's a citizenship.

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So we see El Salvador being the first country in Latin America

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launching the citizenship by investment program.

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And now we see Argentina saying that they are going to launch a citizenship program too.

323
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So this is a true sovereign individual thesis playing out.

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The end of nation states, the true capitalism applied to government services.

325
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Come, bring your capital, pay to play citizenship, use our nation state services, pay zero capital gains taxes on Bitcoin, pay zero corporate taxes.

326
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And here we are.

327
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That's that's how this competition starts.

328
00:28:13,983 --> 00:28:19,583
It definitely is like the very much the sovereign, excuse me, sovereign individual thesis.

329
00:28:19,783 --> 00:28:20,623
It also reminds me of you.

330
00:28:20,703 --> 00:28:22,183
Have you read the book Snow Crash?

331
00:28:22,943 --> 00:28:24,083
No, I have not read that.

332
00:28:24,343 --> 00:28:25,323
It's outstanding.

333
00:28:25,323 --> 00:28:29,803
uh you i think you would you would enjoy it for this perspective as well um it's it's like a it's

334
00:28:29,803 --> 00:28:34,183
a classic it's basically uh the author like invented the term the metaverse like before

335
00:28:34,183 --> 00:28:38,703
metaverse was all shit coining like this was back in like the oh gosh like the 80s i think he wrote

336
00:28:38,703 --> 00:28:43,603
this uh but one of the one of the concepts in there is that basically the nation state is gone

337
00:28:43,603 --> 00:28:48,863
but the u.s government is like a couple of blocks it's like one tiny little thing um and then like

338
00:28:48,863 --> 00:28:52,903
that's the united states of america it's like this tiny little suburb basically and then the rest of

339
00:28:52,903 --> 00:28:59,083
it is just all these basically nation state corporations. They're offering services like,

340
00:28:59,683 --> 00:29:04,703
and if you want to pay more, you get better services, you know, like these crazy robot

341
00:29:04,703 --> 00:29:11,083
guard dogs that will destroy people on your behalf. So like it's, it's very, and he paints

342
00:29:11,083 --> 00:29:16,103
it in a somewhat like dystopian lens, but I don't think it necessarily has to go that way. Like

343
00:29:16,103 --> 00:29:21,843
governments should be service providers. That should be like, if you're paying taxes, you should

344
00:29:21,843 --> 00:29:26,343
be getting some services out of that. It shouldn't just be like, you know, you're, Hey, let me,

345
00:29:26,803 --> 00:29:32,023
yeah, let me, yeah, let me just take 40% or 50% of everything you earn at the point of kind of a

346
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hidden gun. And to the people who say like, well, they're not actually confiscating your money under

347
00:29:36,403 --> 00:29:41,503
the threat of violence. It's like, try not paying your taxes and then try resisting arrest. When the

348
00:29:41,503 --> 00:29:45,963
armed IRS agents come to your house to arrest you, they will shoot you and then you will die.

349
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And so it's like that it only takes a couple of hops to get in a very bad situation.

350
00:29:51,843 --> 00:30:11,763
And I'm kind of curious, you know, are the majority of your clients, I mean, if you can like talk about this, but like, do you have most of your clients that are like Americans looking for second, second or third or fourth passports elsewhere? Or is it people from all over? I mean, like, where is your biggest customer base from as their mother country?

351
00:30:12,563 --> 00:30:13,623
100% America.

352
00:30:14,123 --> 00:30:17,223
I mean, I'm not saying 100%, but like the majority is definitely America.

353
00:30:17,223 --> 00:30:20,583
I would say 60% to 70% Americans.

354
00:30:21,123 --> 00:30:23,983
And the number was higher until the Canadian election.

355
00:30:24,183 --> 00:30:26,723
Now Canadians are taking a big chunk of the pie.

356
00:30:27,383 --> 00:30:35,143
And then the rest is just usually some Europeans and some people with very weak passports like Nepal, India, etc.

357
00:30:36,323 --> 00:30:38,963
But yeah, Americans are definitely top of the list.

358
00:30:38,963 --> 00:30:42,523
partially because my content is in English.

359
00:30:42,823 --> 00:30:44,103
I'm an American myself.

360
00:30:44,643 --> 00:30:47,583
The distribution channels are usually towards Americans.

361
00:30:48,083 --> 00:30:52,583
But also if you look at the statistics of the Caribbean islands,

362
00:30:52,943 --> 00:30:57,443
Americans has been like a really, really growing audience,

363
00:30:58,023 --> 00:31:04,063
really growing purchasing chunk of the pie over the last eight years.

364
00:31:04,063 --> 00:31:08,943
Okay. And in terms of, so you mentioned the Caribbean islands,

365
00:31:08,963 --> 00:31:13,943
is that kind of a go-to place for a lot of Americans? Can you talk at all about like,

366
00:31:14,543 --> 00:31:18,303
because obviously you can, there's a lot of options to choose from. Some are better than others.

367
00:31:18,783 --> 00:31:24,203
How do you go about that process? I mean, let's say from the citizenship by investment lens,

368
00:31:24,203 --> 00:31:27,203
where basically you have the capital, you can take your, you know, you're not worried about

369
00:31:27,203 --> 00:31:31,623
the ancestry or whatever. You just, you have money and you want to be able to go anywhere.

370
00:31:32,223 --> 00:31:36,903
How do you pick what is going to be best or which ones are best? Or like, how do you think about that?

371
00:31:36,903 --> 00:31:48,363
Yeah, you have to keep track of the current geopolitical environment, as well as you have to understand your attacks and threats, right? Attack vectors and threats.

372
00:31:49,043 --> 00:31:56,623
Caribbean island is just easy go-to for a true plan B passport that is truly just a hedge in case of emergency.

373
00:31:56,623 --> 00:32:05,663
You are not expecting this emergency to take place. You are not considering the very specific path where the emergency is going to come from.

374
00:32:05,663 --> 00:32:14,003
You just civil unrest, geopolitical instability, offshore jurisdiction, two hours flight from Miami, you get St. Keith's Antigua passport.

375
00:32:14,863 --> 00:32:15,423
You're good.

376
00:32:16,063 --> 00:32:18,243
300 grand for your entire family.

377
00:32:18,663 --> 00:32:20,623
In under a year, you get the citizenship.

378
00:32:21,803 --> 00:32:30,723
Now, if we start looking into what's happening in the geopolitics, there are two parts of the world that I'm truly bullish on.

379
00:32:30,723 --> 00:32:33,643
it's Balkans and Latin America right now,

380
00:32:33,923 --> 00:32:41,703
simply because they don't seem to get into this whole agenda

381
00:32:41,703 --> 00:32:47,243
of the surveillance is for your safety, all that.

382
00:32:47,443 --> 00:32:49,203
They just live their lives.

383
00:32:49,403 --> 00:32:52,723
They truly, and both of them still have this anti-socialism,

384
00:32:53,443 --> 00:32:57,063
antibodies in their DNA because they've tried it quite recently

385
00:32:57,063 --> 00:32:58,343
in the last two generations.

386
00:32:58,343 --> 00:33:00,003
They know where it leads.

387
00:33:00,003 --> 00:33:25,463
So they're not taking that route. So from this country, what options do I have? We have Serbia, citizenship to exception, going to end up around 400,000 euro for youth, spouse and kids under 18. Or El Salvador that is taking a strong stand in their freedom, economic freedom and individual freedom kind of stand.

388
00:33:25,463 --> 00:33:29,703
so that's a million dollar for you spouse and kids under 18.

389
00:33:30,563 --> 00:33:38,203
Now we also have Turkey and with Turkey it's like a layer of cultural and religious protection there

390
00:33:38,203 --> 00:33:45,343
so if you think that you are part of a group that will specifically be targeted by U.S. government

391
00:33:45,343 --> 00:33:50,863
because of your cultural belief Turkey probably could be a good hedge for you.

392
00:33:51,443 --> 00:33:55,063
So usually we just brainstorm together with a client just like that

393
00:33:55,063 --> 00:33:57,583
consider the net worth

394
00:33:57,583 --> 00:33:59,763
consider what amount of money you are willing

395
00:33:59,763 --> 00:34:01,563
to spend, what's your timeline

396
00:34:01,563 --> 00:34:03,603
like do you need passport in two months

397
00:34:03,603 --> 00:34:04,943
well you have one option

398
00:34:04,943 --> 00:34:06,983
which is El Salvador

399
00:34:06,983 --> 00:34:09,283
they can move that quickly

400
00:34:09,283 --> 00:34:11,183
their due diligence

401
00:34:11,183 --> 00:34:12,683
they leverage technology

402
00:34:12,683 --> 00:34:15,603
they're the most

403
00:34:15,603 --> 00:34:17,803
advanced citizenship program in the world

404
00:34:17,803 --> 00:34:19,623
right now because they can get you

405
00:34:19,623 --> 00:34:21,443
a citizenship in two months while Caribbean

406
00:34:21,443 --> 00:34:23,223
Islands 12 months right now

407
00:34:23,223 --> 00:34:28,643
wow yeah sorry to interrupt that just blew my mind that like any government could move that fast

408
00:34:28,643 --> 00:34:34,563
yeah yeah that's um you know it's over an individual they say the smaller nation states

409
00:34:34,563 --> 00:34:40,123
will be the first one to get into this game because they operate like a startup it's not a

410
00:34:40,123 --> 00:34:47,443
giant machine like in the u.s um i predicted the launch of the trump card like out of blue i decided

411
00:34:47,443 --> 00:34:52,943
to tweet i never tweet predictions for immigration world i just said eb5 investment-based program

412
00:34:52,943 --> 00:34:55,703
will be shut down because it's full of fraud.

413
00:34:56,263 --> 00:34:58,843
There will be a new program that is going to cost $5 million,

414
00:34:59,103 --> 00:35:02,243
straight pass to citizenship if you want, in under six months.

415
00:35:02,983 --> 00:35:07,003
And I just tweeted it, and some immigration professionals,

416
00:35:07,203 --> 00:35:09,243
specifically lawyer-type people, were like,

417
00:35:09,303 --> 00:35:11,023
Katie, this will never happen.

418
00:35:11,603 --> 00:35:16,123
Well, two weeks later, Trump announces the gold card, or a Trump card,

419
00:35:16,423 --> 00:35:19,263
with precisely $5 million price checks,

420
00:35:19,263 --> 00:35:21,963
straight pass to citizenship if you want, under six months.

421
00:35:21,963 --> 00:35:28,563
and i was like i have resets motherfuckers you look through your lawyer lance into your paperwork

422
00:35:28,563 --> 00:35:33,163
while while i should post on twitter and i actually understand the trends that are

423
00:35:33,163 --> 00:35:40,703
that are taking place in the world so um but it's been what they've been saying two weeks

424
00:35:40,703 --> 00:35:47,863
until gold card and it's been months because they have to go through this entire regulatory machine

425
00:35:47,863 --> 00:35:53,283
that barely moves. So yeah, that's much, much tougher task.

426
00:35:54,923 --> 00:36:00,563
So, okay. So those are some of the options as far as like, as far as investment goes.

427
00:36:00,923 --> 00:36:05,883
What about some of this, like the ancestor of citizenship by descent or ancestry or however

428
00:36:05,883 --> 00:36:14,103
it's classified? Like, are there actually still fairly easy or not easy? Are there a number of

429
00:36:14,103 --> 00:36:19,143
ways that you can do that depending on like you know if you gave your dna to 23andme for example

430
00:36:19,143 --> 00:36:23,723
which you know maybe it might have been a bad idea uh but like can you like take that report

431
00:36:23,723 --> 00:36:28,083
to a certain country or do you need to have like some sort of genealogy like you need to go to the

432
00:36:28,083 --> 00:36:33,563
local record you know get the local records and so like how deep does that go gotta be a paper

433
00:36:33,563 --> 00:36:40,763
paper trail so it's not based on dna we actually collect your birth certificate your passport right

434
00:36:40,763 --> 00:36:48,943
Like your ancestor in line, which is the ancestor that connects you from you to the anchor ancestor born in the country.

435
00:36:49,243 --> 00:36:53,043
For this person, we need birth certificate, marriage certificate, death certificate, if applicable.

436
00:36:53,443 --> 00:36:55,843
For the next ancestor in line, same things.

437
00:36:55,843 --> 00:37:18,027
And for the anchor ancestor the person who was born in another country birth records travel records to the U naturalization records in the U or Canada And we show this entire paper trail So that a bureaucratic nightmare because think about early 1900s or end of 1800s

438
00:37:18,586 --> 00:37:22,046
There was no digital records of anything.

439
00:37:22,306 --> 00:37:26,046
They still barely exist, and you have to go into local archives

440
00:37:26,046 --> 00:37:28,907
or sometimes local church to find those records.

441
00:37:29,407 --> 00:37:32,546
So we try to make it as white glass service as possible.

442
00:37:32,546 --> 00:37:35,767
but it is a complete bureaucratic nightmare.

443
00:37:36,326 --> 00:37:38,227
So it may take up to three years

444
00:37:38,227 --> 00:37:42,066
and we may be 100% sure that you qualify

445
00:37:42,066 --> 00:37:44,846
and then spend eight months

446
00:37:44,846 --> 00:37:46,867
going through every archival record

447
00:37:46,867 --> 00:37:48,046
in the entire country

448
00:37:48,046 --> 00:37:50,267
and still not find records of your ancestors

449
00:37:50,267 --> 00:37:52,247
simply because let's say they were Jewish

450
00:37:52,247 --> 00:37:54,027
and they burned everything

451
00:37:54,027 --> 00:37:55,546
because they were afraid of Nazis.

452
00:37:56,227 --> 00:37:58,626
So it's difficult.

453
00:37:59,227 --> 00:38:00,546
If you qualify,

454
00:38:00,546 --> 00:38:03,427
you must try to get that citizenship.

455
00:38:03,927 --> 00:38:05,326
It's a no-brainer.

456
00:38:05,566 --> 00:38:08,907
Citizenship through dissent must be approached

457
00:38:08,907 --> 00:38:11,106
by everybody who is qualified

458
00:38:11,106 --> 00:38:13,947
because it's still a very strong passport.

459
00:38:14,467 --> 00:38:16,106
It's not citizenship through investment.

460
00:38:16,467 --> 00:38:19,086
It's going to cost you around $20,000, $25,000.

461
00:38:20,387 --> 00:38:23,306
But you just have to do that

462
00:38:23,306 --> 00:38:25,427
because then you can also keep this nationality

463
00:38:25,427 --> 00:38:27,247
running in your family for your kids,

464
00:38:27,427 --> 00:38:28,447
for your grandkids,

465
00:38:28,447 --> 00:38:32,947
and just keep passing it down next generations, that's a legacy.

466
00:38:33,546 --> 00:38:37,166
I see citizenship as a very strong new asset class.

467
00:38:37,967 --> 00:38:39,227
And guess what?

468
00:38:39,287 --> 00:38:41,546
There's no inheritance tax on citizenship.

469
00:38:42,146 --> 00:38:44,166
So keep passing it down as your legacy.

470
00:38:46,387 --> 00:38:46,467
Yeah.

471
00:38:46,666 --> 00:38:47,867
Do you still, question on that,

472
00:38:47,867 --> 00:38:51,686
do you still have to take language and history tests

473
00:38:51,686 --> 00:38:54,686
for a descent-based passport or citizenship?

474
00:38:55,247 --> 00:38:57,287
Very few countries require it.

475
00:38:57,287 --> 00:38:59,206
Like Hungary would be one of them.

476
00:38:59,947 --> 00:39:01,306
Slovenia would be another one.

477
00:39:01,806 --> 00:39:05,706
But other countries do not require language exempt.

478
00:39:05,826 --> 00:39:15,387
Citizenship through descent is just you're going through a path of claiming something that you're already eligible for, right?

479
00:39:15,787 --> 00:39:19,287
Basically, in most of the scenarios, they say that you were born Italian.

480
00:39:20,227 --> 00:39:21,507
You just never claimed it.

481
00:39:21,507 --> 00:39:28,507
and sometimes I will like talk to a French consulate and be like hey my grandfather was

482
00:39:28,507 --> 00:39:34,867
born in France I just want to clarify that I that I qualify can I apply for my French citizenship

483
00:39:34,867 --> 00:39:40,606
and in the French manner they will come back and tell me you're either born French or you're not

484
00:39:40,606 --> 00:39:46,367
born French there is not qualifying or applying for it and I'm like thank you for being helpful

485
00:39:46,367 --> 00:39:51,447
Mr. Consular Clerk. Like, you know exactly what I'm talking about, but

486
00:39:51,447 --> 00:40:02,186
you know, that's just, it just reminds me of an interesting, like saying that my father-in-law,

487
00:40:02,306 --> 00:40:07,227
who again, escaped communism and came to America, said he was like, Walker, you know,

488
00:40:07,927 --> 00:40:12,967
America is very unique because if you go to, he actually used the examples of France and Russia.

489
00:40:12,967 --> 00:40:42,706
So, you know, you go to France, you can, you know, you can become a citizen, you can pay your taxes, you can marry a French woman, you'll never be French. You can go to Russia, you can, you know, become a citizen, you can pay your taxes, live there for your whole life, you'll never be Russian. But you come to America, you become a citizen, you pay your taxes, you're American. And like, that's a very, very unique thing. And that's just like, first time he said that, I was just like, oh, damn, like, it's, it's true. But like, yeah, you'll, you'll never be French. You know, you're either, you're either French or you're not. There's, there's no in between.

490
00:40:42,967 --> 00:41:00,287
Yeah, no, definitely. I feel quite American these days. I haven't spoken a word of English nine years ago, and now I feel like I closed my cultural gap. I feel home. I have a family here. Yeah, definitely feel American in many ways.

491
00:41:01,306 --> 00:41:09,767
I mean, you are American, you know? And so let me ask you about that. So I think you've been public about what city you live in, right?

492
00:41:10,206 --> 00:41:11,227
Yeah, I'm in Austin, Texas.

493
00:41:11,227 --> 00:41:34,867
Okay, just wanted to make sure I wasn't going to talk something. So in great, great Bitcoin or city, from what I know. And, you know, so, like, of all the places like now you, I mean, presumably you have a number of passports yourself, you know, you, you practice what you preach in terms of flag theory, you could go to a lot of places, you choose Austin, Texas in the United States of America.

494
00:41:34,867 --> 00:41:41,686
why and you know i guess well let's start with why then my next question would be what's kind of

495
00:41:41,686 --> 00:41:46,927
your biggest fear why like what that makes you want to have that plan b passport that you know

496
00:41:46,927 --> 00:41:52,066
to be able to engage in that flag theory like what's your biggest fear for america that like

497
00:41:52,066 --> 00:41:57,326
would cause you to need to like i need to get the fuck out of here yeah well between me and my

498
00:41:57,326 --> 00:42:04,186
husband we can literally leave anywhere in the world like because we have other citizenships but

499
00:42:04,186 --> 00:42:07,346
We also have a skill set that is welcomed in most of the world.

500
00:42:07,686 --> 00:42:13,447
We also are able to move with capital, which is welcomed in most of the world.

501
00:42:13,967 --> 00:42:17,507
And I have all the knowledge to move to literally any country out there.

502
00:42:18,407 --> 00:42:24,646
So it is a very precise choice for us to live in the U.S. and to specifically be in Austin, Texas.

503
00:42:25,407 --> 00:42:27,487
Some of this is family-based.

504
00:42:27,487 --> 00:42:36,526
None of this is career-based, honestly, because, yes, I do like to hang out with Bitcoiners, but we both work remotely from home.

505
00:42:36,907 --> 00:42:38,787
So that is not the reason.

506
00:42:39,666 --> 00:42:42,666
But I found the perfect tribe.

507
00:42:43,007 --> 00:42:47,467
And you know how I was talking about the toolkit of flag theory?

508
00:42:48,267 --> 00:42:52,947
Tribe is another instrument in a toolkit that I really value.

509
00:42:52,947 --> 00:43:02,826
Like being surrounded by the community of individuals that have the same principles and values is really important for me, partially because I'm having kids.

510
00:43:03,566 --> 00:43:08,826
I need to make sure that my kids hang out with kids of other parents who are on the same page.

511
00:43:09,846 --> 00:43:19,826
I don't want to go to a friend's house and catch my kid eating absolute junk everywhere and just being exposed to all kinds of chemicals.

512
00:43:19,826 --> 00:43:24,826
There are certain things that I want for my children and for myself.

513
00:43:25,307 --> 00:43:28,447
So I need to make sure that I'm surrounded by very similar people.

514
00:43:28,706 --> 00:43:30,826
And I have beautiful sisterhood here.

515
00:43:31,846 --> 00:43:35,887
Literally every single friend in my friend group is currently pregnant.

516
00:43:36,666 --> 00:43:38,967
So we're all on the same stage of life.

517
00:43:39,467 --> 00:43:40,367
That's been beautiful.

518
00:43:40,747 --> 00:43:44,747
Our husbands are all into Bitcoin and smoking cigars together.

519
00:43:45,326 --> 00:43:46,947
Our kids are all the same age.

520
00:43:47,066 --> 00:43:48,526
And that's been definitely beautiful.

521
00:43:48,526 --> 00:43:49,166
Yeah.

522
00:43:49,826 --> 00:43:53,507
Um, weather wise, well, we, we travel.

523
00:43:53,846 --> 00:43:56,826
So for the majority of the year, we love the climate here.

524
00:43:56,947 --> 00:44:00,907
We love being able to get sun exposure daily.

525
00:44:01,206 --> 00:44:02,907
Uh, we get lots of that.

526
00:44:03,507 --> 00:44:09,407
Um, so yeah, it's, um, a lot of thinking went into that to choose Austin, Texas.

527
00:44:09,487 --> 00:44:12,427
And right now it gave me everything I need.

528
00:44:12,666 --> 00:44:18,447
Good alternative medical system with home birthing, um, good traditional medical system,

529
00:44:18,447 --> 00:44:20,686
because I do have a child with medical needs.

530
00:44:21,826 --> 00:44:25,767
Good Bitcoin in our community to be exposed to great people

531
00:44:25,767 --> 00:44:27,727
and for our kids to hang out together

532
00:44:27,727 --> 00:44:30,066
and then be homeschooled together later on.

533
00:44:30,947 --> 00:44:33,186
Near proximity to my in-laws.

534
00:44:33,507 --> 00:44:34,247
They've been great.

535
00:44:34,427 --> 00:44:34,907
They moved.

536
00:44:35,106 --> 00:44:37,046
I was really blessed with my in-laws

537
00:44:37,046 --> 00:44:39,326
and they recently moved to Austin, Texas as well.

538
00:44:40,887 --> 00:44:42,686
And just, I don't know.

539
00:44:42,686 --> 00:44:44,987
We put a lot of thought into that

540
00:44:44,987 --> 00:44:46,767
and we ended up in Austin, Texas.

541
00:44:46,767 --> 00:45:12,606
I mean, you certainly sell it pretty well. So then with that, what is your kind of biggest fear? Like obviously you immigrated from a country that has gone through some extreme fucking shit. Not that there hasn't been extreme shit here, but the US has been, you know, we didn't have an iron curtain come down. You know what I mean? So like, it's a different level.

542
00:45:12,606 --> 00:45:17,807
So what is your biggest fear, I guess, living here now in America, loving where you're at?

543
00:45:18,206 --> 00:45:19,546
What would cause you to leave?

544
00:45:19,606 --> 00:45:20,206
What do you fear?

545
00:45:22,467 --> 00:45:32,146
Zero tolerance to violence, like actually being near my family.

546
00:45:32,526 --> 00:45:34,606
So civil unrest starts happening.

547
00:45:34,807 --> 00:45:35,787
I have no place in it.

548
00:45:36,046 --> 00:45:37,346
Geopolitical instability.

549
00:45:38,566 --> 00:45:41,727
I am not part of the Vote Harder group.

550
00:45:41,727 --> 00:45:43,206
I'm not part of them

551
00:45:43,206 --> 00:45:45,066
I'm going to stay and fight for their principles

552
00:45:45,066 --> 00:45:47,666
no I have my own principles for my family

553
00:45:47,666 --> 00:45:49,467
and

554
00:45:49,467 --> 00:45:51,487
I'm not willing

555
00:45:51,487 --> 00:45:53,227
to take part in their war

556
00:45:53,227 --> 00:45:55,507
because I do believe that every war

557
00:45:55,507 --> 00:45:57,487
in the world started not by citizens

558
00:45:57,487 --> 00:45:59,387
but by the elites

559
00:45:59,387 --> 00:46:01,227
forcing citizens to go

560
00:46:01,227 --> 00:46:03,146
and put their blood on the line

561
00:46:03,146 --> 00:46:04,606
zero interest

562
00:46:04,606 --> 00:46:07,787
and then 6102

563
00:46:07,787 --> 00:46:09,526
on Bitcoin we have all the

564
00:46:09,526 --> 00:46:11,747
SBR starting everywhere

565
00:46:11,747 --> 00:46:13,407
well what if one day

566
00:46:13,407 --> 00:46:15,126
American government decides that

567
00:46:15,126 --> 00:46:17,767
they've gotten pretty good at custodying Bitcoin

568
00:46:17,767 --> 00:46:19,747
how about they custody for all the citizens

569
00:46:19,747 --> 00:46:21,626
now? For our safety

570
00:46:21,626 --> 00:46:22,447
of course

571
00:46:22,447 --> 00:46:25,787
so zero

572
00:46:25,787 --> 00:46:27,206
tolerance for

573
00:46:27,206 --> 00:46:28,447
this

574
00:46:28,447 --> 00:46:31,706
capital control

575
00:46:31,706 --> 00:46:33,727
but

576
00:46:33,727 --> 00:46:35,787
I'm also in Texas which means

577
00:46:35,787 --> 00:46:37,767
that if airports

578
00:46:37,767 --> 00:46:44,467
are closed. Things are shut down. I'm near border. I drive down the border. I get on a damn sailboat

579
00:46:44,467 --> 00:46:53,086
in Galveston and I sail down and nobody can stop me because I can do that. So the strategic

580
00:46:53,086 --> 00:46:59,787
positioning of being not landlocked and just being able to get out has also been important to me.

581
00:46:59,887 --> 00:47:06,106
That's why I've been mostly between Florida and Texas. Okay. No, I mean, given that you are a

582
00:47:06,106 --> 00:47:11,427
a sailor. That's a pretty smart move to me. It's a, it's, it's a good strategic positioning,

583
00:47:11,427 --> 00:47:18,566
let's say. Now, and I, I'm, I'm, I'm with you on that. And specifically like just here, here on the,

584
00:47:18,686 --> 00:47:22,907
you know, wars are not started by individuals. Individuals don't, cannot wage war against each

585
00:47:22,907 --> 00:47:28,267
other. Individuals can fight. They can't wage war. War is waged by the state on behalf of elites.

586
00:47:28,267 --> 00:47:33,606
War is not waged on behalf of individuals. Individuals, you know, are the ones who go and,

587
00:47:33,606 --> 00:47:39,826
and are snuffed out in those wars. And so that's, that is just truly a shame. Unfortunately,

588
00:47:39,826 --> 00:47:45,307
I don't think we're getting away from war anytime soon because it's just so good for business.

589
00:47:46,447 --> 00:47:50,747
But yeah, it's, I mean, it's sad. I think that America is still like, I,

590
00:47:50,907 --> 00:47:56,467
I think that America's best days are still ahead of it. Like, I think that America, like, because

591
00:47:56,467 --> 00:48:04,227
especially in these rising generations there's people are sick of sick and tired of these

592
00:48:04,227 --> 00:48:09,146
forever wars they're sick and tired of the 80 year old politicians who just won't get out of

593
00:48:09,146 --> 00:48:14,146
office and won't like god just you know like drop dead already like you know or at least just go

594
00:48:14,146 --> 00:48:18,887
retire and enjoy all of your insider training uh trading profits that you've been making all these

595
00:48:18,887 --> 00:48:24,826
years nancy pelosi seriously yeah like go spend time with your great grandkids which you have

596
00:48:24,826 --> 00:48:31,046
already because you're that ancient you sick old fucks but like people are tired of that and they

597
00:48:31,046 --> 00:48:35,646
want some different so i think that there is a there's a a shift coming we're also at this point

598
00:48:35,646 --> 00:48:42,066
right now where we we're in the middle of the fourth turning obviously yeah we're also i would

599
00:48:42,066 --> 00:48:48,307
argue at this uh descending into this oglocracy stage or mob rule stage of this cycle theory

600
00:48:48,307 --> 00:48:52,987
called anticyclosis and we're also at the end of a long-term debt cycle if we want to go ray

601
00:48:52,987 --> 00:48:57,646
Dalio's win. We're also at the end of like a fiat currency cycle, if we want to go into that. And

602
00:48:57,646 --> 00:49:04,467
like so many things are cyclically converging right now. And it may not be pretty for a little

603
00:49:04,467 --> 00:49:09,987
while. And that's the thing. I think America's best days are ahead. But it's also like in the

604
00:49:09,987 --> 00:49:16,007
short term, things could get really, really gnarly. Like the old system's not going to go down without

605
00:49:16,007 --> 00:49:22,646
a fight. And things could get really bad. So I mean, that's like, that's kind of my fear as well.

606
00:49:22,646 --> 00:49:23,467
It's not the long term.

607
00:49:23,526 --> 00:49:27,086
Like long term, I think America is going to like, it's going to be better than ever.

608
00:49:27,227 --> 00:49:28,487
It's going to take some time though.

609
00:49:28,507 --> 00:49:29,867
And it's not going to be good in the short term.

610
00:49:29,927 --> 00:49:31,387
I don't know if that's the vibe you have as well.

611
00:49:31,487 --> 00:49:31,666
Yeah.

612
00:49:32,447 --> 00:49:34,566
Bullish, but there might be a bear market, right?

613
00:49:34,747 --> 00:49:34,927
Right.

614
00:49:36,126 --> 00:49:37,507
So big drawdown.

615
00:49:38,066 --> 00:49:42,186
The cool thing is I always say be a prepper, not a doomer, right?

616
00:49:42,186 --> 00:49:46,727
Like we see all this things that are sad to imagine.

617
00:49:46,727 --> 00:49:53,227
We know things are playing out in front of our eyes and the black swan things are taking place.

618
00:49:53,787 --> 00:49:59,686
But the great thing is we recognized it early on and we put hedges in places.

619
00:50:00,086 --> 00:50:04,407
We already hedged very well against fiat system just collapsing.

620
00:50:05,007 --> 00:50:09,747
We are also hedged with our passports against civil unrest, political instability.

621
00:50:10,066 --> 00:50:11,146
We got citizenships.

622
00:50:11,526 --> 00:50:13,927
We all are in great health.

623
00:50:13,927 --> 00:50:19,566
we really make sure that we can survive things for longer than others we took care of that

624
00:50:19,566 --> 00:50:27,706
and you know we just focused on beautiful things we are raising families we are investing in those

625
00:50:27,706 --> 00:50:34,586
families while the world might have gone to shit at some point but we have the beautiful things

626
00:50:34,586 --> 00:50:42,166
so be a prepper not a doomer put hedges in place buy yourself rice and beef and passports and guns

627
00:50:42,166 --> 00:50:48,887
and Bitcoin and the world is beautiful again because you don't have to be worried about

628
00:50:48,887 --> 00:50:51,566
all this doomsday kind of scenario.

629
00:50:53,666 --> 00:50:55,307
I like that very much.

630
00:50:55,467 --> 00:50:58,487
That's a put that on a t-shirt or something.

631
00:50:58,987 --> 00:51:00,867
That's a good words to live by.

632
00:51:01,367 --> 00:51:05,086
I'm curious how you see, you know, we touched a little bit earlier just on that sovereign

633
00:51:05,086 --> 00:51:09,326
individual thesis and people, you know, voting with their voting with their feet, but voting

634
00:51:09,326 --> 00:51:10,646
with their capital as well.

635
00:51:10,646 --> 00:51:18,007
And I'm kind of curious, you know, you mentioned, okay, yeah, these smaller nations, obviously they have that sort of startup agility.

636
00:51:18,447 --> 00:51:20,646
They can move more quickly than the big behemoths.

637
00:51:21,427 --> 00:51:22,626
That's a huge advantage.

638
00:51:22,887 --> 00:51:29,686
It creates, you know, the game theory gets very interesting because, again, these small nations are incentivized to do that more and more so.

639
00:51:30,387 --> 00:51:32,186
This big slow ones try to catch up.

640
00:51:32,186 --> 00:51:36,346
But I'm curious kind of how you see this playing out.

641
00:51:36,346 --> 00:51:42,586
you know, the difficulty is to what we were just mentioning in terms of like short-term

642
00:51:42,586 --> 00:51:49,166
instability in the U S if that's happening in the U S it's probably happening in Europe. It's

643
00:51:49,166 --> 00:51:55,326
probably, it's probably happening in most of the world. So like how, like how do you hedge against,

644
00:51:55,427 --> 00:51:59,927
I mean, does that just come down to stack as many passports as you can and see which nation isn't

645
00:51:59,927 --> 00:52:04,026
burning? Like when, when the shit hits the fan, like, is that the only thing you can do?

646
00:52:04,026 --> 00:52:08,487
Stack strategically recognizing the trends in the geopolitics.

647
00:52:08,947 --> 00:52:14,867
Like right now, we see Europe Union is fighting hard against citizenship by investment programs.

648
00:52:15,387 --> 00:52:22,927
They come up with all kinds of different reasons, but the reality is they don't want people to be able to pick and choose where they go.

649
00:52:22,927 --> 00:52:30,346
So the ECJ, which is like a European Court of Justice, just shut down Malta citizenship by investment program.

650
00:52:30,346 --> 00:52:34,287
They're working hard on shutting down Caribbean citizenship by investment program.

651
00:52:34,387 --> 00:52:38,546
They don't like that their citizens can shop around for a new jurisdiction.

652
00:52:39,186 --> 00:52:41,947
So it's kind of bearish for the industry.

653
00:52:42,467 --> 00:52:46,907
But in my view, Europe has no power.

654
00:52:47,106 --> 00:52:52,007
Like they're running on their legacy power that half the world already doesn't believe in.

655
00:52:52,326 --> 00:52:57,867
They're going full on socialists, completely walking towards poverty.

656
00:52:58,247 --> 00:52:59,646
And everybody knows that.

657
00:52:59,646 --> 00:53:03,947
So for how long they have any power, if anything, yet to hold.

658
00:53:04,447 --> 00:53:16,526
So I recognize that while they still have some leverage to those smaller nations to come and stop their citizenship program, this will take turn very quickly.

659
00:53:17,086 --> 00:53:24,626
Like we start seeing new nation states showing up on citizenship by investment list, and it's gradually and suddenly.

660
00:53:24,626 --> 00:53:30,146
and that's one of the reasons I really want to see Trump card come into fruition because if America

661
00:53:30,146 --> 00:53:36,646
the very strong nation of the world can just say hey there is a citizenship for sale here

662
00:53:36,646 --> 00:53:41,586
well it will be a green light for many smaller nations to go and do that and then it's just game

663
00:53:41,586 --> 00:53:46,867
theory playing out in front of our eyes taking care of everything the smaller nations want that

664
00:53:46,867 --> 00:53:51,666
chunk of money too they need it they will start providing better services they will start attracting

665
00:53:51,666 --> 00:53:58,007
you with better taxes and they will start selling you citizenship. So I, because of this European

666
00:53:58,007 --> 00:54:05,507
pressure to all the CBI countries, I do, I am bearish very short term on the CBI world, citizenship

667
00:54:05,507 --> 00:54:10,807
by investment world, but I'm incredibly bullish because I know it's gradually than suddenly.

668
00:54:10,927 --> 00:54:19,747
And I already see this post-winter flowers come into places. And at some point the snow will melt

669
00:54:19,747 --> 00:54:21,486
and the garden will be beautiful.

670
00:54:21,867 --> 00:54:22,767
And that's what I'm seeing.

671
00:54:24,006 --> 00:54:28,407
So the EU is actively trying to stop EU citizens

672
00:54:28,407 --> 00:54:31,086
from being able to get citizenship by investment

673
00:54:31,086 --> 00:54:32,566
in non-EU countries.

674
00:54:32,927 --> 00:54:33,186
Yeah.

675
00:54:34,267 --> 00:54:36,727
Man, that's, I mean, so they are literally,

676
00:54:36,847 --> 00:54:39,467
they're trying to close the doors to prevent capital flight

677
00:54:39,467 --> 00:54:40,646
is what they're trying to do.

678
00:54:40,986 --> 00:54:42,967
I mean, if you look at the map.

679
00:54:42,967 --> 00:54:43,106
I assume.

680
00:54:43,626 --> 00:54:46,186
Yeah, there is Citizen X.

681
00:54:47,026 --> 00:54:49,486
You can just Google Citizen X capital exodus.

682
00:54:49,747 --> 00:54:55,006
And we have this life map of wealth migration.

683
00:54:55,606 --> 00:55:00,887
And you can see the UK is number two loser of capital right now.

684
00:55:01,546 --> 00:55:03,347
This is absolutely crazy to see.

685
00:55:03,347 --> 00:55:07,847
The millionaires are leaving the UK at super high rates.

686
00:55:08,126 --> 00:55:11,026
Same is happening in other jurisdictions.

687
00:55:12,186 --> 00:55:16,387
And I mean, they can try to prevent whatever.

688
00:55:16,387 --> 00:55:21,347
But again, you can't stop this.

689
00:55:21,427 --> 00:55:24,046
You can't stop this train, as Lydon would say.

690
00:55:25,367 --> 00:55:31,327
I wanted to pull up this map here for folks to check out, for those watching.

691
00:55:32,186 --> 00:55:35,407
This is, I mean, yeah, so right there, wow.

692
00:55:35,706 --> 00:55:48,430
So UK is what billion of capital flight so far Yeah What the timescale on this Is that just in the last year or is that like they looking at total

693
00:55:48,830 --> 00:55:49,390
Let me see.

694
00:55:49,530 --> 00:55:50,410
Oh, that's year to date.

695
00:55:50,710 --> 00:55:50,990
Wow.

696
00:55:51,470 --> 00:55:51,710
Yep.

697
00:55:52,830 --> 00:55:53,350
Wow.

698
00:55:54,590 --> 00:55:55,490
That is insane.

699
00:55:55,490 --> 00:56:00,930
Okay, it's 250 in one year and 430 in three years.

700
00:56:01,170 --> 00:56:01,670
So yeah.

701
00:56:02,310 --> 00:56:02,670
Wow.

702
00:56:03,030 --> 00:56:06,790
It's been said to be the UK over the last few years.

703
00:56:07,250 --> 00:56:13,230
And the wealthy are always the canary in the coal mine.

704
00:56:13,610 --> 00:56:23,090
They're the ones who are able to execute fast, who have access to all the best consultants in the world and ready to execute.

705
00:56:24,210 --> 00:56:29,710
So if we see it within millionaire crowd, well, the middle class is next.

706
00:56:29,790 --> 00:56:32,890
Well, right now, the middle class is paying for all that.

707
00:56:32,890 --> 00:56:40,610
that that is just like that's nuts i mean to see especially in the uk it's like i know they have a

708
00:56:40,610 --> 00:56:46,590
their government is looking at all the migration to uae as a huge issue for for them because that's

709
00:56:46,590 --> 00:56:50,810
that's kind of like the the trend that they're seeing over there is you know out of the uk into

710
00:56:50,810 --> 00:56:56,010
the uae um uae is obviously getting a lot of people coming from all over the place but but i

711
00:56:56,010 --> 00:57:02,550
mean this is just like but it's like what do you expect like what what do you expect when you create

712
00:57:02,550 --> 00:57:09,350
a socialist, verging on communist, totalitarian temptation dynamic in your nation where you don't

713
00:57:09,350 --> 00:57:13,870
allow people to speak freely, where you take the fruits of their labor and spend it on stupid

714
00:57:13,870 --> 00:57:19,030
fucking shit, where you treat them like criminals in their own country while letting the actual

715
00:57:19,030 --> 00:57:24,350
criminals roam free. It's like, what do you expect, you morons? Of course people are going to leave.

716
00:57:24,670 --> 00:57:30,170
You're doing a terrible job running the country. Obviously they're going to leave. If a business

717
00:57:30,170 --> 00:57:34,510
is serving you dog shit food you're not just going to keep eating it and you're certainly

718
00:57:34,510 --> 00:57:39,690
not going to pay for it you're going to leave like this isn't complicated it's like we have

719
00:57:39,690 --> 00:57:47,370
300 years of a complete proof that economic freedom leads to economic prosperity and yet

720
00:57:47,370 --> 00:57:56,330
we go back to socialist agenda uh we go back to hating rich people today i commented on um

721
00:57:56,330 --> 00:57:58,450
Peter McCormack's post

722
00:57:58,450 --> 00:58:00,970
he's basically saying being rich is good

723
00:58:00,970 --> 00:58:03,070
that we should

724
00:58:03,070 --> 00:58:04,610
literally praise those people

725
00:58:04,610 --> 00:58:06,790
thanking them for bringing value

726
00:58:06,790 --> 00:58:09,030
building value and there is this

727
00:58:09,030 --> 00:58:10,750
German economist

728
00:58:10,750 --> 00:58:12,330
I actually follow him on Twitter

729
00:58:12,330 --> 00:58:14,830
I don't know why he's never done a round of

730
00:58:14,830 --> 00:58:16,870
Bitcoin podcasts I truly hope

731
00:58:16,870 --> 00:58:18,910
he's a Bitcoiner because he's there

732
00:58:18,910 --> 00:58:20,810
and he actually wrote

733
00:58:20,810 --> 00:58:22,650
a great book on how

734
00:58:22,650 --> 00:58:24,390
Vietnam and Poland

735
00:58:24,390 --> 00:58:25,570
got out of poverty

736
00:58:25,570 --> 00:58:34,570
and in this book he also says only the countries that have a positive attitude towards wealth and

737
00:58:34,570 --> 00:58:40,970
towards rich people can actually get out of poverty and move towards economic prosperity

738
00:58:40,970 --> 00:58:48,670
so we have to see being rich being prosperous being wealthy as a good thing but then we have

739
00:58:48,670 --> 00:58:54,470
this entire leftist agenda saying tugs the rich the rich are bad they're the ones causing problem

740
00:58:54,470 --> 00:58:56,430
but they're the ones paying the most taxes.

741
00:58:56,550 --> 00:58:57,590
What are you talking about?

742
00:58:57,690 --> 00:58:59,510
And you're just wasting it over here.

743
00:59:00,030 --> 00:59:02,830
So economic freedom leads to economic prosperity.

744
00:59:03,210 --> 00:59:04,510
You let people build.

745
00:59:04,710 --> 00:59:06,190
You let people keep their money.

746
00:59:06,450 --> 00:59:09,730
They actually start building and making money.

747
00:59:10,610 --> 00:59:16,470
So you can see it in the power dynamics of the world

748
00:59:16,470 --> 00:59:18,330
and just track it.

749
00:59:18,330 --> 00:59:21,290
And yet here comes the UK and just says,

750
00:59:21,450 --> 00:59:22,550
oh, let's raise taxes.

751
00:59:22,810 --> 00:59:24,430
Oh, we hate reach people.

752
00:59:24,470 --> 00:59:31,590
it's just not gonna it's just not going to go well like it like you know it's one of those

753
00:59:31,590 --> 00:59:38,670
things where it's like the again as you said we've got 300 years of proof that like capitalism

754
00:59:38,670 --> 00:59:44,550
is not only great for people inside a capitalist nation but like there's a great quote by a guy

755
00:59:44,550 --> 00:59:50,170
jean-francois revel he wrote the totalitarian temptation and it's like paraphrasing but one

756
00:59:50,170 --> 00:59:55,070
often wonders what would become of socialism if capitalism was not there to support it like which

757
00:59:55,070 --> 01:00:00,850
is you know just amazing um socialists hate to acknowledge that that it's you know well look look

758
01:00:00,850 --> 01:00:06,110
at sweden and norway they're basically and it's like okay like yeah like you're just not even worth

759
01:00:06,110 --> 01:00:12,310
my time but like like socialism and communism just don't work and it's not that you haven't

760
01:00:12,310 --> 01:00:17,050
done it right it's that you've done it right every time you've done it exactly like how you're

761
01:00:17,050 --> 01:00:22,330
supposed to it's just that it doesn't work because it's a very bad way like it is anti-human

762
01:00:22,330 --> 01:00:29,710
to treat people like that and people die in in the millions absolute misincentive right there

763
01:00:29,710 --> 01:00:36,510
right away for everybody every ambitious person is not gonna exercise their ambitions if it doesn't

764
01:00:36,510 --> 01:00:43,250
lead anywhere what's the point why would i keep putting the work if uh if we're in under socialism

765
01:00:43,250 --> 01:00:51,470
so yeah just lack of incentive will stop the progress and that's so clear to me but i was

766
01:00:51,470 --> 01:00:56,590
born in the post-soviet country so if you look at all the bitcoin girls on twitter half of us

767
01:00:56,590 --> 01:01:01,810
from like eastern europe and i think it's because we have this antibodies for socialism

768
01:01:01,810 --> 01:01:09,310
yep i mean yeah like off the top of my head you carla natalie like and many like the list goes on

769
01:01:09,310 --> 01:01:15,490
and on but like that's the thing i've uh i've had guys ask me before like oh how do i like get my

770
01:01:15,490 --> 01:01:20,050
get my wife or get my girlfriend into bitcoin i'm like i'm the wrong person to ask because we kind

771
01:01:20,050 --> 01:01:25,230
of got into it at the same time and it's because she's super based and came from eastern europe

772
01:01:25,230 --> 01:01:32,230
and is like hey communism sucks um you shouldn't have communism when it comes to your money and

773
01:01:32,230 --> 01:01:38,350
like you should be able to do whatever you want and like so you're just like eastern block women

774
01:01:38,350 --> 01:01:40,210
are just prepared for Bitcoin.

775
01:01:40,410 --> 01:01:41,690
Like you're ready for Bitcoin.

776
01:01:41,970 --> 01:01:45,230
You don't need to be explained to why totalitarianism is bad

777
01:01:45,230 --> 01:01:47,770
because like you've lived it and your family has lived it.

778
01:01:47,890 --> 01:01:49,650
Like it's self-evident.

779
01:01:50,230 --> 01:01:52,350
Yeah, the moment we'll learn enough about Bitcoin,

780
01:01:53,150 --> 01:01:53,830
we got it.

781
01:01:54,070 --> 01:01:56,570
Like we just did just enough to get there.

782
01:01:56,830 --> 01:02:00,190
And it's not as clear for the Western world for sure.

783
01:02:01,050 --> 01:02:03,890
Just because you haven't lived through those experiences.

784
01:02:04,430 --> 01:02:07,790
But at the same time, the content is in English.

785
01:02:07,790 --> 01:02:12,870
And that's why America is very much leading the Bitcoin adoption.

786
01:02:13,950 --> 01:02:16,550
So you guys are seeing through that too.

787
01:02:17,630 --> 01:02:17,750
Yeah.

788
01:02:18,650 --> 01:02:24,650
Thankfully, you know, step by step, paso a paso, as they'd say in El Salvador.

789
01:02:25,770 --> 01:02:27,530
This is just like a logistical question.

790
01:02:27,590 --> 01:02:29,650
Is there any limit to how many passports you can have?

791
01:02:30,090 --> 01:02:34,830
There are some jurisdictions that don't allow dual citizenship, for example, India, China.

792
01:02:34,830 --> 01:02:37,470
But other than that, no, there's no limit.

793
01:02:37,790 --> 01:02:41,870
You can have like as a U S citizen, you could just, you can just stack as many as you want,

794
01:02:41,910 --> 01:02:47,370
essentially. It's stacking. Yeah. That's, that's kind of, that's kind of wild. I feel like that's

795
01:02:47,370 --> 01:02:52,570
maybe not super well known. Like for a while, I thought that like U S citizens that couldn't have

796
01:02:52,570 --> 01:02:57,030
dual citizenship in some cases, but like, there's no restrictions on that. If you're U S right.

797
01:02:57,370 --> 01:03:03,730
No, absolutely. No restrictions. That, that is wild. What is your, uh, besides the U S passport,

798
01:03:03,730 --> 01:03:10,710
uh like what what is your like the you know gold standard or the bitcoin standard of passports

799
01:03:10,710 --> 01:03:18,030
in your mind i would always like if i i didn't have my passports right like if i wasn't to

800
01:03:18,030 --> 01:03:25,470
completely just pinpoint right now in 2025 i would definitely want serbia because it's shengen but

801
01:03:25,470 --> 01:03:31,670
outside of eu or like any of the countries that is like balkans that are still shengen but outside

802
01:03:31,670 --> 01:03:32,290
of EU.

803
01:03:34,310 --> 01:03:34,830
Then

804
01:03:34,830 --> 01:03:37,290
actually Canadian

805
01:03:37,290 --> 01:03:39,530
probably instead of American because America has

806
01:03:39,530 --> 01:03:41,670
citizenship-based taxation. Canada doesn't.

807
01:03:42,890 --> 01:03:43,230
Really?

808
01:03:43,950 --> 01:03:45,490
Yeah. You can actually

809
01:03:45,490 --> 01:03:47,570
not pay Canadian anything

810
01:03:47,570 --> 01:03:49,590
or file in Canada once you break up with

811
01:03:49,590 --> 01:03:51,290
Canada, which is not that hard.

812
01:03:52,310 --> 01:03:53,530
Then I would get the

813
01:03:53,530 --> 01:03:55,010
Latin American, but some of the

814
01:03:55,010 --> 01:03:57,530
based Latin American. So it would be

815
01:03:57,530 --> 01:03:59,430
El Salvador, my number one

816
01:03:59,430 --> 01:04:01,510
right now. Argentina,

817
01:04:01,670 --> 01:04:06,570
or Paraguay, that's probably already a pretty good triangle.

818
01:04:07,930 --> 01:04:11,290
Yeah, that's a nice stack already.

819
01:04:12,910 --> 01:04:18,090
I mean, it's so like, okay, El Salvador moves fast with these other countries.

820
01:04:18,270 --> 01:04:19,010
It's like a year.

821
01:04:19,610 --> 01:04:23,890
Do you have people coming to you who are like, I need another passport tomorrow?

822
01:04:24,490 --> 01:04:25,910
Does that happen a decent amount?

823
01:04:26,030 --> 01:04:28,790
Or are people like, are we at this point where people are planning ahead?

824
01:04:29,490 --> 01:04:30,750
Okay, fair enough.

825
01:04:31,670 --> 01:04:37,090
The one time that I had a client like this, he ended up like ghosting me.

826
01:04:37,350 --> 01:04:42,450
And later when the due diligence came back, I realized why he ghosted me because he was in jail.

827
01:04:43,330 --> 01:04:45,830
And he just forgot to mention to me a few things.

828
01:04:45,830 --> 01:04:48,370
But now it makes sense why he was in such a rush.

829
01:04:49,390 --> 01:04:49,730
Okay.

830
01:04:49,950 --> 01:04:51,930
So, yeah, if you need it tomorrow.

831
01:04:52,350 --> 01:04:54,830
Well, that's a good thing to mention.

832
01:04:54,970 --> 01:04:59,070
It's like you want it before you need it because when you need it, it's too late.

833
01:04:59,070 --> 01:05:06,290
so that's why people just execute without this like pressuring need because under pressuring need

834
01:05:06,290 --> 01:05:11,170
you might not pass the due diligence and you might not be able to get that citizenship anymore

835
01:05:11,170 --> 01:05:18,190
so get it before you need it just like you know the gun you you need it right now or

836
01:05:18,190 --> 01:05:24,670
you don't if you don't have it you don't it's too late basically so same goes for every security

837
01:05:24,670 --> 01:05:32,490
model. And if you really need it, it's too late, probably. Do you think like looking long term into

838
01:05:32,490 --> 01:05:38,550
the future, if this sovereign individual thesis keeps playing out, if we are seeing nation states,

839
01:05:38,810 --> 01:05:44,670
you know, really striving to operate more as service providers, right, to really make sure

840
01:05:44,670 --> 01:05:49,170
you're getting the most out of whatever money you are, you're spending there? Do you think that's,

841
01:05:49,230 --> 01:05:54,090
I mean, is that something where it's going to be basically impossible for nations to get away with

842
01:05:54,090 --> 01:05:59,810
charging ridiculous taxes. Like the EU is not going to be able to do what it currently does

843
01:05:59,810 --> 01:06:03,930
because people, I mean, unless they trap their citizens there and make it impossible for them to

844
01:06:03,930 --> 01:06:09,430
leave, it won't even be feasible anymore. Like those nation states will just perish. Like the

845
01:06:09,430 --> 01:06:14,170
sovereign individual thesis will just play out and it'll be the end of that, the nation state as we

846
01:06:14,170 --> 01:06:19,450
know it today. Yeah. Just imagine like a subscription-based model, right? Like you have

847
01:06:19,450 --> 01:06:21,530
five different streaming platforms.

848
01:06:22,730 --> 01:06:23,930
And for some reason,

849
01:06:23,930 --> 01:06:25,810
you're willing to pay for Apple TV

850
01:06:25,810 --> 01:06:27,890
more than you pay for Netflix and Prime

851
01:06:27,890 --> 01:06:29,750
and this and that because there is severance.

852
01:06:30,190 --> 01:06:33,510
So there is an incentive for you to pay for Apple TV

853
01:06:33,510 --> 01:06:35,430
that is higher than for others

854
01:06:35,430 --> 01:06:37,330
and you're willing to pay that higher price.

855
01:06:37,890 --> 01:06:41,070
So the micro state system

856
01:06:41,070 --> 01:06:43,190
will have similar to subscription model.

857
01:06:43,790 --> 01:06:44,990
And once you're unhappy

858
01:06:44,990 --> 01:06:48,370
or the streaming platform doesn't provide you

859
01:06:48,370 --> 01:06:49,170
with what you need,

860
01:06:49,170 --> 01:06:54,550
you unsubscribe. You break up with that platform and you go find better nation state service

861
01:06:54,550 --> 01:07:00,470
provider at a better price. We already have decentralized money that is outside of any

862
01:07:00,470 --> 01:07:07,910
government's control. The other thing is monopoly on violence, right? But the violence is getting

863
01:07:07,910 --> 01:07:13,690
decentralized as well with the technology and drones and everything. So anybody has access to

864
01:07:13,690 --> 01:07:19,290
pretty violent defense and offense these days, and it's only going to get more decentralized.

865
01:07:19,730 --> 01:07:27,130
That will basically allow microstates to exist, to protect themselves, and to welcome citizens.

866
01:07:27,930 --> 01:07:31,190
And in a microstate world, yeah, it's just subscription-based. And

867
01:07:31,190 --> 01:07:37,210
once you have this free market competition, it's much easier to price your services,

868
01:07:37,210 --> 01:07:43,850
right because you you get to compare and if you don't have gatekeepers then the free market

869
01:07:43,850 --> 01:07:50,390
competition just evolves but in our scenario we have the money that doesn't allow gatekeepers to

870
01:07:50,390 --> 01:07:57,270
exist because we can bring the 12 forts with us so now it's just the game theory of them realizing

871
01:07:57,270 --> 01:08:03,770
that they have to compete do you think the nation state itself ends up like like you know goes into

872
01:08:03,770 --> 01:08:09,250
this micro state kind of situation where they're just, they're forced to get smaller and smaller

873
01:08:09,250 --> 01:08:14,370
and smaller. And to then, even though they're small, but then they can actually provide for

874
01:08:14,370 --> 01:08:17,370
their citizens in a meaningful way. Is that how you see that transpiring?

875
01:08:17,810 --> 01:08:22,650
Yeah. And let's see what happens with Alberta in the next 360 days.

876
01:08:23,190 --> 01:08:29,390
Yeah, that is. Okay. So what's your read on that? Because first of all, the Canadians I talked to,

877
01:08:29,390 --> 01:08:33,350
I didn't know actually a ton of Canadians. I could count them on one hand before Bitcoin.

878
01:08:33,770 --> 01:08:37,450
Let me get into Bitcoin and I've met more based Canadians than I could ever imagine.

879
01:08:37,670 --> 01:08:41,790
Like just – I had no idea Canada was full of so many based people.

880
01:08:42,050 --> 01:08:43,690
But maybe it's just – it's a lot of the Bitcoins.

881
01:08:43,690 --> 01:08:44,570
And they're all in Alberta.

882
01:08:45,590 --> 01:08:45,930
Yeah.

883
01:08:46,210 --> 01:08:46,470
Yeah.

884
01:08:46,550 --> 01:08:47,870
So like, okay, what's your read?

885
01:08:48,190 --> 01:08:49,250
What's going on there?

886
01:08:49,250 --> 01:08:58,690
Like it seems like people in Alberta are pretty pissed because they basically are supplying the energy for most of the rest of the country and still get shafted for it.

887
01:08:58,910 --> 01:09:01,530
But like do you think that's actually something that's going to move quickly?

888
01:09:01,530 --> 01:09:22,470
Yeah, for the six weeks after the Canadian elections, I was just talking to Canadians all day long. They expect capital control. They expect full surveillance state. And Alberta, well, those based from outside of Alberta are literally moving to Alberta in case Alberta's exodus actually happens.

889
01:09:22,470 --> 01:09:28,550
and that's what i advise them to do as well because in case of exodus you want to be the

890
01:09:28,550 --> 01:09:32,450
citizen of alberta you will keep your canadian citizenship because you were born with that

891
01:09:32,450 --> 01:09:37,010
now you get an alberta citizenship too and you get to actually choose where you want to be

892
01:09:37,010 --> 01:09:45,170
um i at the beginning i wasn't believing that would actually happen uh but now i'm starting

893
01:09:45,170 --> 01:09:49,910
to think it's very possible partially because alberta is so independent in terms of their

894
01:09:49,910 --> 01:09:53,310
earnings, their balance sheet, their budget.

895
01:09:53,850 --> 01:09:58,190
Just like Texas. Texas is net positive in terms of their

896
01:09:58,190 --> 01:10:02,110
budget. So I think it may

897
01:10:02,110 --> 01:10:05,190
actually take place. Let's see. It will be interesting to see.

898
01:10:06,310 --> 01:10:09,750
I definitely wanted to go in a non-violent way,

899
01:10:10,410 --> 01:10:13,830
which means that the U.S. won't necessarily step in.

900
01:10:13,830 --> 01:10:17,870
There will be more of a monetary agreement, but

901
01:10:17,870 --> 01:10:19,050
Let's see how it plays out.

902
01:10:20,730 --> 01:10:21,910
It's going to be interesting.

903
01:10:22,930 --> 01:10:27,050
I mean, it seems like there's a lot of momentum for it.

904
01:10:27,170 --> 01:10:32,850
And, you know, you can only push people so far before they just say, you know, I'm not doing this anymore.

905
01:10:32,990 --> 01:10:34,110
Like, I've had enough of this.

906
01:10:34,290 --> 01:10:36,390
We're sick of your, you know, your Fiat games.

907
01:10:37,810 --> 01:10:43,130
Katie, is there anything we did not get a chance to cover yet that you were like, that you wanted to make sure we did?

908
01:10:43,130 --> 01:10:44,550
We've gone in a lot of different directions.

909
01:10:44,550 --> 01:10:48,390
or you've also just given a ton of great information for folks.

910
01:10:48,910 --> 01:10:51,630
Is there anything we didn't get a chance to get into yet that you wanted to?

911
01:10:52,410 --> 01:10:54,470
No, I think we covered a pretty good amount.

912
01:10:55,330 --> 01:10:58,770
Yeah, just get educated on what tools you have,

913
01:10:59,210 --> 01:11:01,550
what access to what instruments you have.

914
01:11:01,970 --> 01:11:06,230
I have one-on-one brainstorming calls for free on our platform.

915
01:11:06,230 --> 01:11:09,910
So just create an account on CitizenX and you get access to my calendar,

916
01:11:10,070 --> 01:11:11,070
schedule a free call.

917
01:11:11,650 --> 01:11:12,810
Happy to do that.

918
01:11:12,810 --> 01:11:22,670
But yeah, I'm excited to start developing new programs and new jurisdictions that are targeting Bitcoiners specifically.

919
01:11:23,730 --> 01:11:30,130
We've seen El Salvador being born a Bitcoin native program, which I'm not going to say anything.

920
01:11:30,310 --> 01:11:35,010
But three years ago, I did write an open letter to President Bukele saying they should launch a program.

921
01:11:36,210 --> 01:11:36,430
Really?

922
01:11:36,430 --> 01:12:02,690
This acquisition, a plan B passport acquisition by CitizenX, partially reason behind it is because we want to be that accelerator in a sovereign individual thesis that helps those nations launch digital native Bitcoin native programs to start attracting the actual capital, not the fiat fake money, but the real money and allow Bitcoiners to vote with their capital.

923
01:12:04,650 --> 01:12:05,690
I love it.

924
01:12:05,690 --> 01:12:07,290
Where do you want to send people?

925
01:12:07,730 --> 01:12:12,250
I'll link that chart that we pulled up as well, but just citizenx.com.

926
01:12:12,850 --> 01:12:15,410
Anywhere else you want to send folks, I'll link it all in the show notes.

927
01:12:16,030 --> 01:12:21,050
Yeah, I can give you my cal.com link so people can schedule a call right away.

928
01:12:21,070 --> 01:12:21,250
Sure.

929
01:12:22,010 --> 01:12:26,970
Doing it through CitizenX is the best way because I'll ask you a couple of questions that will help me prepare for the call.

930
01:12:28,290 --> 01:12:30,090
Yeah, well, I'll appreciate it very much.

931
01:12:30,670 --> 01:12:32,470
Yeah, it was great having you on.

932
01:12:32,470 --> 01:12:35,150
And now I'm coming out of this thinking I need some more passports.

933
01:12:35,150 --> 01:12:39,410
So I guess, you know, mission accomplished on both counts.

934
01:12:39,570 --> 01:12:43,190
But yeah, I'm very bullish on the United States of America.

935
01:12:43,670 --> 01:12:48,350
But again, it doesn't hurt to have options, especially when those options are perfectly

936
01:12:48,350 --> 01:12:49,610
legally accessible.

937
01:12:49,950 --> 01:12:52,190
So I need to look back through my ancestor.

938
01:12:52,330 --> 01:12:53,050
I'm a bit of a mutt.

939
01:12:53,190 --> 01:12:55,090
So yeah, I'll have to see what I can do.

940
01:12:55,450 --> 01:12:56,790
Yeah, let's look into that.

941
01:12:57,250 --> 01:12:58,110
Well, thank you so much.

942
01:12:58,170 --> 01:13:01,390
Really appreciate this, the Bitcoin podcast.

943
01:13:02,250 --> 01:13:03,930
You're welcome back anytime, Katie.

944
01:13:03,930 --> 01:13:04,710
Great to see you.

945
01:13:05,150 --> 01:13:06,630
Great to see it too. Thank you, Walker.

946
01:13:08,070 --> 01:13:08,950
It's going to cut.

947
01:13:15,950 --> 01:13:20,850
And that's a wrap on this Bitcoin talk episode of the Bitcoin podcast.

948
01:13:20,850 --> 01:13:23,590
Remember to subscribe to this podcast,

949
01:13:23,710 --> 01:13:27,170
wherever you're watching or listening and share it with your friends,

950
01:13:27,370 --> 01:13:29,470
family, and strangers on the internet.

951
01:13:29,850 --> 01:13:35,130
Find me on Noster at primal.net slash Walker and this podcast at primal.net

952
01:13:35,130 --> 01:13:41,650
slash titcoin. On X, YouTube, and Rumble, just search at Walker America and find this podcast

953
01:13:41,650 --> 01:13:47,570
on X and Instagram at titcoinpodcast. Head to the show notes to grab sponsor links,

954
01:13:47,570 --> 01:13:52,390
head to substack.com slash at Walker America to get episodes emailed to you,

955
01:13:52,830 --> 01:14:00,290
and head to bitcoinpodcast.net for everything else. Bitcoin is scarce, but podcasts are abundant.

956
01:14:00,290 --> 01:14:05,650
So thank you for spending your scarce time listening to The Bitcoin Podcast.

957
01:14:06,530 --> 01:14:08,950
Until next time, stay free.