1 00:00:00,000 --> 00:00:04,200 Bitcoin is under attack. We're in the middle of the great node wars, which seems to be the defining 2 00:00:04,200 --> 00:00:10,020 moment of 2025. Running a Bitcoin node is a critical piece of anybody's self-custody 3 00:00:10,020 --> 00:00:13,460 infrastructure. You have to run one. The node essentially is a small piece of hardware. 4 00:00:13,640 --> 00:00:17,200 Essentially what you're doing is that you're downloading the entire Bitcoin blockchain. 5 00:00:17,320 --> 00:00:22,740 World unlocked by incorruptible money. Like holy cow, man. Like can you just imagine what kind of 6 00:00:22,740 --> 00:00:28,060 amazing world of abundance we can build that can be built, that will be built? It's very exciting. 7 00:00:28,060 --> 00:00:33,080 Don't fear it. Embrace it. Really, it's an opportunity of a lifetime and we are so early. 8 00:00:33,300 --> 00:00:37,740 Bitcoin is money. It is the future of money. It's going to be the future neutral reserve currency, 9 00:00:37,860 --> 00:00:43,420 in my opinion, and it must be protected at all costs. Free market has voted. The fact that not 10 00:00:43,420 --> 00:00:50,060 went from under 1% to well over 20% in about two months. Australia or the UK are likely to be 11 00:00:50,060 --> 00:00:54,620 coming the next Lebanon. I went to bed, woke up the next morning and my entire life savings were 12 00:00:54,620 --> 00:00:58,540 completely swiped. Self-custody is the revolution. The Bitcoin future is... 13 00:01:04,140 --> 00:01:08,580 Tony, it feels like Bitcoin is under attack. We're in the middle of the great node wars, 14 00:01:08,580 --> 00:01:14,780 which seems to be the defining moment of 2025. We have the core developers pushing for an increase 15 00:01:14,780 --> 00:01:20,540 to the op return limit to 100 kilobytes, up from 80 bytes. Then we have Bitcoin Not. They seem to 16 00:01:20,540 --> 00:01:25,700 be handing the power back to the user through filtering and settings. The FUD surrounding 17 00:01:25,700 --> 00:01:31,440 Bitcoin Nots and Bitcoin Core at the moment is exceptional, to be honest. Before we get too far 18 00:01:31,440 --> 00:01:38,220 into what people are running, how to avoid relaying CSAM spam, anything not related to Bitcoin as 19 00:01:38,220 --> 00:01:45,680 money, what exactly is an ode? And I guess even more important, why is not running one such a huge 20 00:01:45,680 --> 00:01:50,480 danger to the individual who is stacking sets and taking their self-custody very seriously. 21 00:01:50,900 --> 00:01:56,260 Yeah, absolutely, man. Running a Bitcoin node is a critical piece of anybody's self-custody 22 00:01:56,260 --> 00:02:00,500 infrastructure. You have to run one. It's not like it's optional. A node essentially is a small piece 23 00:02:00,500 --> 00:02:05,220 of hardware. Whether you buy one that's ready-made or you run one on your computer, essentially what 24 00:02:05,220 --> 00:02:10,520 you're doing is that you're downloading the entire Bitcoin blockchain. And you have essentially a 25 00:02:10,520 --> 00:02:14,780 vote on the network to run the version of the software that you see fit. Right now, the main 26 00:02:14,780 --> 00:02:20,000 developers that have been around for the longest time are Bitcoin Core. They've been releasing 27 00:02:20,000 --> 00:02:26,200 version after version for the last 16 years. Up until now, where this whole controversy blew up, 28 00:02:26,200 --> 00:02:33,020 and basically what it comes down to is a very big division about what Bitcoin should be. 29 00:02:33,260 --> 00:02:39,740 Those that are on the side of Bitcoin should be for money and money alone are pushing back really 30 00:02:39,740 --> 00:02:46,900 hard on Bitcoin score's latest actions where they are literally opening up the Bitcoin network to 31 00:02:46,900 --> 00:02:52,200 become a database for pretty much anything you want, which is not what it was designed for. 32 00:02:52,300 --> 00:02:58,500 Removing the op return basically lets you store files of pretty significant sizes in there. And 33 00:02:58,500 --> 00:03:03,400 once that door is open, well, then, you know, God knows what lands on it. And so whether it's 34 00:03:03,400 --> 00:03:10,060 illegal content, you know, like see it or or who knows what what creative ideas people have, 35 00:03:10,200 --> 00:03:14,640 you know, once the door is unlocked. Well, then basically every node runner will be relaying 36 00:03:14,640 --> 00:03:19,820 all of that garbage, which you don't want. And we've seen this happen on other blockchains like 37 00:03:19,820 --> 00:03:24,840 BCV. That's exactly what happened to them almost overnight. We saw what happened with them. 38 00:03:25,460 --> 00:03:30,220 So Bitcoin maxis don't want this. Bitcoin is money. It is the future of money. It's going to be the 39 00:03:30,220 --> 00:03:35,160 future neutral reserve currency, in my opinion, and it must be protected at all costs. Now, 40 00:03:35,220 --> 00:03:39,420 the argument from the Bitcoin core people, well, you know, putting spam on the network was always 41 00:03:39,420 --> 00:03:43,560 possible. And so that's why, you know, well, why not make it even more possible, which is 42 00:03:43,560 --> 00:03:48,660 completely ludicrous. And what's more disturbing was their whole attitude towards the pushback from 43 00:03:48,660 --> 00:03:53,640 the community that were saying, no, we don't want that, even though, you know, technically, 44 00:03:53,640 --> 00:03:58,520 it's still possible to do it, you shouldn't make it, you know, much easier. By that definition, 45 00:03:58,520 --> 00:04:01,720 anybody can argue, well, anybody can break into my home. 46 00:04:01,840 --> 00:04:04,060 So then why should I put a lock on the door, put an alarm? 47 00:04:04,400 --> 00:04:07,300 Why should I even have curtains on my windows? 48 00:04:07,500 --> 00:04:11,780 Why don't I just let the entire world watch me walk around naked when I take a shower? 49 00:04:11,900 --> 00:04:14,600 Why don't I do all of these things since it's technically already possible? 50 00:04:15,060 --> 00:04:16,620 Do you understand how stupid that sounds? 51 00:04:16,860 --> 00:04:17,940 That's the same argument. 52 00:04:18,260 --> 00:04:24,520 All of these seemingly intelligent people should be uniting into finding ways to ossify 53 00:04:24,520 --> 00:04:27,560 and cement and secure Bitcoin to no end. 54 00:04:27,560 --> 00:04:33,720 the bigger picture here you know must never be forgotten bitcoin was created to ensure the 55 00:04:33,720 --> 00:04:39,240 separation of money and state to ensure that the the abuse the theft or the surveillance that 56 00:04:39,240 --> 00:04:45,960 control all of that stuff ends and for the first time in history as of 2008 8 billion people have 57 00:04:45,960 --> 00:04:52,960 that option so all the efforts all the intellect should be all focused on that nothing else so the 58 00:04:52,960 --> 00:04:57,100 fact that you have these you know a bunch of morons that are you know just being very flippant 59 00:04:57,100 --> 00:05:03,920 about this for whatever selfish or very idiotic reasons is very concerning. Thankfully, there are 60 00:05:03,920 --> 00:05:09,520 options and the free market has voted. The fact that nots, which is essentially the majority of 61 00:05:09,520 --> 00:05:15,420 the same code base of Bitcoin Core, just with added tweaks that allow you to filter out and 62 00:05:15,420 --> 00:05:21,520 make just the relaying of spam a bit more difficult, a bit more expensive. That is what the free market 63 00:05:21,520 --> 00:05:28,780 is voting for, which is why it went from under 1% to well over 20% in about two months. So despite 64 00:05:28,780 --> 00:05:34,180 all of this pushback, you would think that the people at Bitcoin Core that are supposed to be 65 00:05:34,180 --> 00:05:39,520 on the side of humanity and the side of freedom and sovereignty would have clued in. But no, 66 00:05:39,620 --> 00:05:45,640 they are still adamant that they are the people who are correct and they want nothing to do 67 00:05:45,640 --> 00:05:51,480 with anybody's reaction or comments or feedback. They call everybody morons. They don't want to 68 00:05:51,480 --> 00:05:58,440 listen. So what conclusion do you expect the market to have? Obviously, these people are either 69 00:05:58,440 --> 00:06:04,280 under threat or have been compromised and, you know, by in some shape, way or form. And I don't 70 00:06:04,280 --> 00:06:09,980 know how that ends. But all I can tell you is that they have absolutely destroyed their reputation 71 00:06:09,980 --> 00:06:17,280 and trust in the space. And at some point, my wish is to see even more options out there right now. 72 00:06:17,280 --> 00:06:22,460 thankfully we have not at some point down the line i guess in light of this event we might see 73 00:06:22,460 --> 00:06:30,120 a third version come out the more options we have the better because it keeps bad actors at bay and 74 00:06:30,120 --> 00:06:35,560 sends a clear message that if you think you're going to sit here and ruin what is you know 75 00:06:35,560 --> 00:06:41,960 humanity's once in a lifetime opportunity at something revolutionary there's going to be 76 00:06:41,960 --> 00:06:48,020 pushback and really strong in that sense. So that's where the whole Bitcoin core versus not 77 00:06:48,020 --> 00:06:53,480 stings. And as far as I'm concerned, I'm more on the side of not more just to send a message 78 00:06:53,480 --> 00:06:58,780 that this is not how things are supposed to play out. You are disgraceful in your actions, 79 00:06:58,780 --> 00:07:04,340 in your behavior towards this issue at hand. And I'm really hoping and praying that somehow 80 00:07:04,340 --> 00:07:09,920 there'll be a reversal and that, you know, like intelligent brains will, you know, come back to 81 00:07:09,920 --> 00:07:16,380 sanity and start functioning as intended. Yeah, I agree. And I just got this delivered 82 00:07:16,380 --> 00:07:22,080 the other day. I'm so excited. Currently, I am running Bitcoin Core. It's hidden in the 83 00:07:22,080 --> 00:07:27,480 background on a Raspberry Pi version 29. And that's been fine. It's working, doing everything. 84 00:07:28,060 --> 00:07:32,540 I guess what we're talking about when it comes to Core is version 30 in particular, 85 00:07:32,760 --> 00:07:37,480 which is set to be released, I think, at the end of September or maybe early October. 86 00:07:37,480 --> 00:07:41,540 But to be able to come out, I'm just going to switch that node off. 87 00:07:41,640 --> 00:07:46,140 I've decided I'm not going to be running core at all once I have Notts running. 88 00:07:46,140 --> 00:07:53,980 But what are the options for people out there in regards to running the node and how they should be thinking about it? 89 00:07:54,040 --> 00:07:56,740 Like, should they be upgrading if they're currently running core? 90 00:07:56,860 --> 00:07:58,040 Should they leave it as it is? 91 00:07:58,360 --> 00:08:02,840 Should they look at possibly getting a Start9 server one or something else similar? 92 00:08:03,100 --> 00:08:05,160 Like, what are your thoughts in regards to it? 93 00:08:05,160 --> 00:08:07,580 Well, running a node is not very hard. 94 00:08:07,700 --> 00:08:15,060 I mean, if you're the do-it-yourself type of person, you can install it on a computer and configure it as long as you know how to maintain it and keep up with all of these things. 95 00:08:15,140 --> 00:08:21,260 Or you can buy reliable, ready-made devices like the Start9 that you just brought up, which is an excellent product. 96 00:08:21,680 --> 00:08:23,940 And you can install whatever version you want. 97 00:08:24,140 --> 00:08:32,440 Now, when it comes to Bitcoin Core, the problematic version is version 30, which hasn't been released yet, but is planned for late September, October, somewhere around that timeline. 98 00:08:32,440 --> 00:08:35,140 You don't have to upgrade to version 30. 99 00:08:35,300 --> 00:08:38,120 You can stay on any prior version and that's fine. 100 00:08:38,560 --> 00:08:40,600 The thing is, you can't do this indefinitely 101 00:08:40,600 --> 00:08:44,840 because even though there's no imminent rush to upgrade, 102 00:08:45,100 --> 00:08:47,440 at some point, there's going to be updates and tweaks 103 00:08:47,440 --> 00:08:48,480 and security enhancements 104 00:08:48,480 --> 00:08:50,280 that you're going to want to have on your node. 105 00:08:50,840 --> 00:08:52,260 So when that day comes, 106 00:08:52,300 --> 00:08:54,300 which is still, I think, a far stretch from now, 107 00:08:54,480 --> 00:08:56,920 hopefully we have better options in play. 108 00:08:57,320 --> 00:08:59,360 Bitcoin Noughts is one of these options for now. 109 00:08:59,460 --> 00:09:00,180 Like I said earlier, 110 00:09:00,180 --> 00:09:06,920 I think we're going to see more flavors of nodes, operating systems come about specifically in light of this incident. 111 00:09:07,320 --> 00:09:10,900 But if you're currently running core and you don't want to upgrade, you don't have to, you can stay there. 112 00:09:11,340 --> 00:09:20,820 If you want to like support, you know, push the message of you're against Bitcoin being used as spam or any other disgusting stuff and you only want it as money. 113 00:09:21,180 --> 00:09:25,940 Well, then, you know, Bitcoin Nots is available to you to download and install. 114 00:09:26,060 --> 00:09:27,960 It's a five minute process. It's not that difficult. 115 00:09:27,960 --> 00:09:34,260 I love it. I guess for everyone, sorry, I didn't really introduce you at the start. I've had you 116 00:09:34,260 --> 00:09:38,860 on the show so many times and I know you so, so well, Tony. You're one of the greatest people 117 00:09:38,860 --> 00:09:45,700 in the world to me that I know. I'd put you second after my wife. But for the audience that maybe 118 00:09:45,700 --> 00:09:50,780 hasn't met you yet, you obviously help people set up nodes, take their Bitcoin self-custody 119 00:09:50,780 --> 00:09:55,940 incredibly serious. I believe the Bitcoin way, your organization that you found is the best in 120 00:09:55,940 --> 00:10:00,840 the world and teaching, mentoring people to be able to do that, like run nodes, protect 121 00:10:00,840 --> 00:10:04,980 their Bitcoin, put into self custody, but then also be able to lock down their devices, 122 00:10:05,240 --> 00:10:08,920 your help with plan Bs and stuff, which I really want to dive into this conversation. 123 00:10:09,120 --> 00:10:15,620 Australia is turning a little bit whack in regards to money regulation, everything that's 124 00:10:15,620 --> 00:10:17,540 coming down on us. 125 00:10:17,640 --> 00:10:19,500 We're feeling the pressure more and more every day. 126 00:10:19,720 --> 00:10:24,480 If you could just take a couple of moments to introduce yourself properly and the Bitcoin 127 00:10:24,480 --> 00:10:29,400 way as well and what you guys do to help people be predominantly self-sovereign. 128 00:10:29,400 --> 00:10:35,620 Sure, of course. I mean, here at the Bitcoin, basically, we push on education on how individuals 129 00:10:35,620 --> 00:10:40,880 can become sovereign individuals. So we are all about the path to self-sovereignty. And it's 130 00:10:40,880 --> 00:10:45,760 categorized into three stages. Step one, the highest priority is protecting the money. So we 131 00:10:45,760 --> 00:10:51,580 teach everyone the proper skills into doing Bitcoin self-custody. We guide you on what the 132 00:10:51,580 --> 00:10:56,280 proper hardware is or the proper software is and we literally hand hold you to them process so you 133 00:10:56,280 --> 00:11:00,600 can get it right the first time there is no chance you make a mistake we bring many years of 134 00:11:00,600 --> 00:11:05,580 cyber security into these consults to account for many extreme scenarios as well that most people 135 00:11:05,580 --> 00:11:10,720 won't even consider we train you on them we make sure your infrastructure accounts for them so that 136 00:11:10,720 --> 00:11:15,160 you're sleeping well at night no matter what amount of money that you're holding so whether 137 00:11:15,160 --> 00:11:20,000 you're transacting with a dollar or a billion at the end of the day it is all under your and your 138 00:11:20,000 --> 00:11:26,400 control alone and you can take this wealth and move it to any part of the globe at any point in 139 00:11:26,400 --> 00:11:30,800 time knowing that it's still within your reach whenever you need it you don't need permission 140 00:11:30,800 --> 00:11:35,540 from a bank you don't need permission from a government you become your own head of security 141 00:11:35,540 --> 00:11:41,080 now you become what they call unconfiscatable and we teach you these steps so that at some point you 142 00:11:41,080 --> 00:11:45,660 become fully autonomous where you don't even need us you don't need anyone you have this knowledge 143 00:11:45,660 --> 00:11:49,800 you take it you pass it along to whomever you choose and hopefully they carry on with that 144 00:11:49,800 --> 00:11:54,620 trajectory. So that's when it comes to the money. The other aspect of our services focuses around 145 00:11:54,620 --> 00:12:00,080 cybersecurity, your protection of your digital footprint. You know, we even dive deep into, 146 00:12:00,080 --> 00:12:06,080 you know, the de-Googled privacy phones now, which is becoming a big and a hot topic now because of, 147 00:12:06,160 --> 00:12:11,160 you know, everything that's going on in the world. So you reclaim your privacy on that spy device 148 00:12:11,160 --> 00:12:16,060 that you're holding in your hands, which is leaking all sorts of telemetry 24-7 without your consent 149 00:12:16,060 --> 00:12:17,260 and even your knowledge. 150 00:12:17,260 --> 00:12:19,900 So there are products that can stop that. 151 00:12:19,900 --> 00:12:21,120 They're very easy to use. 152 00:12:21,120 --> 00:12:32,184 You still use the same apps that you always been using with the main difference being that you know that the device is secure and is not spying on you in any way shape or form And of course the third 153 00:12:32,184 --> 00:12:37,904 part of our services is helping people find Plan B residencies, where you can move to jurisdictions 154 00:12:37,904 --> 00:12:43,724 that don't treat you as a criminal or hate you in general. So there are many places out there that 155 00:12:43,724 --> 00:12:49,384 are Bitcoin-friendly, tax-free, or have better tax incentives, where you can live peacefully on 156 00:12:49,384 --> 00:12:53,844 your own terms, surrounded with like-minded individuals, and you don't have to go to bed 157 00:12:53,844 --> 00:13:00,304 anxious and worried every night, anticipating what next horror story you're going to read about in 158 00:13:00,304 --> 00:13:05,224 the papers, you know, the following day, which is what unfortunately is unfolding in Australia. 159 00:13:05,684 --> 00:13:10,284 It's very sad and heartbreaking to see this because it's certainly starting to look, at least 160 00:13:10,284 --> 00:13:14,704 to me, that Australia or the UK are likely becoming the next Lebanon. 161 00:13:16,744 --> 00:13:18,084 What happened in Lebanon? 162 00:13:18,764 --> 00:13:23,144 Well, basically in Lebanon, overnight, the bank stole everybody's life savings. 163 00:13:23,464 --> 00:13:24,804 So this is what happened to me. 164 00:13:24,804 --> 00:13:29,304 I went to bed, woke up the next morning, and my entire life savings were completely swiped. 165 00:13:29,484 --> 00:13:33,384 So I woke up with a balance of zero, even though I thought I was essentially retired. 166 00:13:33,564 --> 00:13:39,144 I was homeless, left with $70 to my name because that's all I had in my jeans, you know, from the night before. 167 00:13:39,444 --> 00:13:42,264 And this happened to every bloody citizen in the country. 168 00:13:42,624 --> 00:13:45,284 They just seized the accounts and locked you out completely. 169 00:13:45,284 --> 00:13:48,464 That horror story I lived through for almost a year. 170 00:13:48,604 --> 00:13:51,724 And let me tell you, it is an ugly, ugly, ugly picture. 171 00:13:52,144 --> 00:13:59,464 What I'm starting to see happening in Australia are the same symptoms that eventually led to the collapse of Beirut. 172 00:13:59,964 --> 00:14:05,964 So when you start seeing ludicrous ideas like taxing unrealized capital tax gains tax, 173 00:14:06,084 --> 00:14:13,644 or something even worse, taxing unused bedrooms in a house, you know, that's when you know that the system is finished. 174 00:14:13,644 --> 00:14:20,244 All it's going to take is one more stupid idea like this to explode and have like the entire 175 00:14:20,244 --> 00:14:24,804 population into the streets, rioting or whatever the case may be, which is exactly what happened 176 00:14:24,804 --> 00:14:25,244 in Lebanon. 177 00:14:25,644 --> 00:14:31,324 In my case, it was one of these idiotic politicians that decided one day it was a brilliant idea 178 00:14:31,324 --> 00:14:33,184 to tax a WhatsApp conversation. 179 00:14:33,424 --> 00:14:34,904 Can you imagine how stupid that sounds? 180 00:14:35,144 --> 00:14:36,104 He decided, why not? 181 00:14:36,144 --> 00:14:39,904 Since everybody uses WhatsApp, you know, we'll tax you per every message that you send. 182 00:14:40,184 --> 00:14:43,024 And as soon as people heard that, the country fell apart. 183 00:14:43,024 --> 00:15:06,004 So it wasn't anything sophisticated. It was just something as stupid as thinking you can do something like that. Right. So these people that are, you know, spewing out these these rules and mandates, this is organized crime. And these people have been accustomed to stealing their entire life. They offer no value. They have zero value to the society. Their only purpose is to extract. 184 00:15:06,004 --> 00:15:14,544 And right now, as of 2008, when Bitcoin was created, well, that's what that did is that it created an option to opt out. 185 00:15:14,844 --> 00:15:19,924 Right. So for the first time ever, that entire legacy system has become optional. 186 00:15:19,924 --> 00:15:26,344 And a lot of people are becoming aware of this, which is why these guys are desperately trying to find a solution. 187 00:15:26,604 --> 00:15:33,124 So they're throwing anything at the wall now, hoping something sticks in order for them to extend their lifeline. 188 00:15:33,124 --> 00:15:39,964 But as more people's lives become miserable, unaffordable, and just like complete hell, 189 00:15:40,344 --> 00:15:45,904 hell, eventually all roads are going to lead to Bitcoin, right? 190 00:15:46,144 --> 00:15:52,964 So whether you understand it now and consider yourself very lucky before that whole dam blows up, 191 00:15:53,064 --> 00:15:55,244 or you wait till you have no choice. 192 00:15:55,744 --> 00:16:00,024 But as you can clearly see, they are making the exits more and more difficult. 193 00:16:00,024 --> 00:16:09,844 One, when it comes to the money, if you try to transfer something now, anything Bitcoin related, I'm sure many folks can already relate to the horror experience that the banks put you through. 194 00:16:11,044 --> 00:16:11,244 Right? 195 00:16:11,564 --> 00:16:12,904 It is so wild, man. 196 00:16:13,124 --> 00:16:13,504 Absolutely. 197 00:16:13,824 --> 00:16:19,744 And now this is starting to find its way into your citizenship and residency process in Australia. 198 00:16:20,044 --> 00:16:26,284 There's a lot of folks leaving, severing tax ties with Australia because of the draconian measures that are coming into place. 199 00:16:26,284 --> 00:16:31,564 because of that as of this conversation right now if you wanted to leave australia you have to stay 200 00:16:31,564 --> 00:16:37,464 away for six months as of next june they're dropping that to 45 days and i wouldn't be 201 00:16:37,464 --> 00:16:43,564 surprised if at some point they reduce it to a week maybe two that is their way of locking you 202 00:16:43,564 --> 00:16:49,184 into the country so that you cannot leave because if you leave who are they going to tax who are 203 00:16:49,184 --> 00:16:54,664 they going to extract from there'll be no nobody right so their only chance of doing this is by 204 00:16:54,664 --> 00:17:01,024 literally locking you as a prisoner in your own country. So sovereignty comes in two pieces. One, 205 00:17:01,104 --> 00:17:05,464 you protect your money. You opt out of their rotten and corrupt system, Bitcoin, and full 206 00:17:05,464 --> 00:17:11,124 self-custody, which is in your control. And then part two, you protect you, your body. You move to 207 00:17:11,124 --> 00:17:15,984 a jurisdiction that doesn't hate you, that doesn't treat you like a criminal, that treats you with 208 00:17:15,984 --> 00:17:22,844 respect, and in fact incentivizes you to come and build your life with like-minded individuals. So 209 00:17:22,844 --> 00:17:28,224 It's absolutely mind-boggling to me that more people aren't up in arms about this, 210 00:17:28,344 --> 00:17:32,684 considering they know their life is going to hell on a daily basis. 211 00:17:33,184 --> 00:17:34,864 Most people can't afford anything. 212 00:17:35,384 --> 00:17:43,404 Most people are unable to have savings, and yet things remain calm. 213 00:17:44,064 --> 00:17:50,724 But that calm is what worries me, because it feels to me like it's hanging on a thread. 214 00:17:50,724 --> 00:17:55,864 And all it's going to take is that little unsophisticated trigger to blow the whole thing up. 215 00:17:56,124 --> 00:18:00,504 And like I said earlier, you don't want to be caught in a place where that unfolds. 216 00:18:00,604 --> 00:18:02,124 I lived through that for nine months. 217 00:18:02,404 --> 00:18:07,144 It was not safe for me to walk down the street because people are running on adrenaline, 218 00:18:07,404 --> 00:18:12,744 on pure basic instincts, because they have nothing left and nothing left to lose. 219 00:18:13,744 --> 00:18:18,144 That is an extremely dangerous state of mind. 220 00:18:18,904 --> 00:18:21,744 So if you don't think this is possible where you're located, 221 00:18:22,244 --> 00:18:24,944 in my opinion, you are setting yourself for suicide 222 00:18:24,944 --> 00:18:29,224 because it is coming to every city of every country 223 00:18:29,224 --> 00:18:32,844 because the root of the problem, the money, the legacy money, 224 00:18:33,084 --> 00:18:35,084 is the same across the board. 225 00:18:35,444 --> 00:18:38,624 It's just going to happen in different places quicker than others. 226 00:18:38,624 --> 00:18:42,584 I know all the legends watching this in a shout-out 227 00:18:42,584 --> 00:18:44,664 to understand that the money's broken, 228 00:18:44,964 --> 00:18:47,904 but here in Australia, like what you were just saying, Tony, 229 00:18:47,904 --> 00:18:49,984 is that everything is getting more expensive. 230 00:18:49,984 --> 00:18:52,584 In the last five and a bit, maybe six years, 231 00:18:52,684 --> 00:18:55,444 they added 63% to the M3 money supply. 232 00:18:55,964 --> 00:18:57,364 Maybe they put a little bit out of it. 233 00:18:57,444 --> 00:18:58,884 Maybe it's a little bit higher. 234 00:18:59,464 --> 00:19:01,844 But the messaging or the propaganda 235 00:19:01,844 --> 00:19:04,384 or the misinformation from the mainstream media 236 00:19:04,384 --> 00:19:07,044 is the greedy supermarket owners. 237 00:19:07,204 --> 00:19:08,844 It's the greedy gas station owners 238 00:19:08,844 --> 00:19:10,664 that are just jacking up prices. 239 00:19:10,824 --> 00:19:13,304 It's the greedy small business, large business 240 00:19:13,304 --> 00:19:15,104 that are jacking up prices. 241 00:19:15,264 --> 00:19:16,704 The only reason they're jacking up prices 242 00:19:16,704 --> 00:19:20,324 because the money's worth less and all their costs are going up. 243 00:19:20,424 --> 00:19:21,904 How do you refute that? 244 00:19:22,084 --> 00:19:24,704 The media is just saying it's big business. 245 00:19:25,364 --> 00:19:26,944 They're the ones stealing from you. 246 00:19:27,064 --> 00:19:29,884 That's the reason why you can't save a little bit of money. 247 00:19:30,364 --> 00:19:33,244 As Bitcoiners, we know that it's simply because of the money. 248 00:19:34,424 --> 00:19:35,804 They just debase it. 249 00:19:35,824 --> 00:19:37,444 They just inflate it away more and more. 250 00:19:37,544 --> 00:19:40,884 And that's where the inflation comes from as they expand them through money supply. 251 00:19:40,884 --> 00:19:44,024 But how do you get people, I guess, to know that's the truth 252 00:19:44,024 --> 00:19:47,184 and it's not the greedy business owners doing this. 253 00:19:47,444 --> 00:19:48,864 Well, the thing is, you can keep, 254 00:19:49,004 --> 00:19:50,784 the only thing you can do is keep pushing out 255 00:19:50,784 --> 00:19:52,264 the messaging and the education. 256 00:19:52,264 --> 00:19:53,884 But ultimately it's up to, you know, 257 00:19:53,884 --> 00:19:56,464 every individual to be either open-minded to it 258 00:19:56,464 --> 00:19:58,404 or to remain completely stubborn, you know, 259 00:19:58,444 --> 00:19:59,424 with their heads in the ground, 260 00:19:59,484 --> 00:20:01,864 hoping, you know, everything will somehow work itself out. 261 00:20:02,544 --> 00:20:03,884 Nothing's going to work itself out. 262 00:20:04,004 --> 00:20:06,664 What we're witnessing today is really historic, 263 00:20:06,904 --> 00:20:08,584 a collapse of an entire system 264 00:20:08,584 --> 00:20:10,804 and we're seeing it unfold in real time. 265 00:20:11,144 --> 00:20:12,664 You have to ignore the mainstream media. 266 00:20:12,664 --> 00:20:20,104 These people are beyond corrupt, beyond like the messaging that they send is completely rubbish. 267 00:20:20,264 --> 00:20:24,224 I mean, that was abundantly clear during that fake pandemic that they created. 268 00:20:24,364 --> 00:20:31,844 I mean, if you just want to like a solid example, just go back a few years and look what happened when you're during the COVID times. 269 00:20:32,064 --> 00:20:33,804 I mean, does that seem normal to you? 270 00:20:34,264 --> 00:20:38,704 I haven't had a TV subscription or a radio subscription in over 30 years. 271 00:20:38,704 --> 00:20:43,264 I understood this garbage very long time ago and I don't listen to it. 272 00:20:43,544 --> 00:20:45,784 You have to be willing to do the work. 273 00:20:46,444 --> 00:20:51,564 And part of that work is finding real information, ignoring the noise. 274 00:20:52,164 --> 00:20:56,704 You don't need the approval of your neighbor in order to improve your life. 275 00:20:57,204 --> 00:21:02,044 You just need to have the right knowledge, understand it, and take care of yourself. 276 00:21:02,404 --> 00:21:03,964 Because if you don't do that, nobody else will. 277 00:21:04,744 --> 00:21:05,904 And nobody cares about you. 278 00:21:05,904 --> 00:21:09,484 When your life blows up, believe me, no one is coming to save you. 279 00:21:09,844 --> 00:21:11,744 No one will even notice or care. 280 00:21:11,944 --> 00:21:17,344 Not like that saying with the crypto bros, the shit coiners wag me, we're all going to make it. 281 00:21:17,524 --> 00:21:19,524 Are you saying that's not the truth, Tony? 282 00:21:19,804 --> 00:21:22,444 You only make it if you plan to make it. 283 00:21:22,544 --> 00:21:30,144 If you're just sitting here wishful thinking that somehow, you know, a miracle from the sky is going to land and make your life magical. 284 00:21:30,144 --> 00:21:35,984 well then you know good luck to you because that is absolutely not the way things work. 285 00:21:36,344 --> 00:21:41,544 You have to get a little bit uncomfortable in order to become very comfortable later on and 286 00:21:41,544 --> 00:21:48,964 the path to doing so thankfully exists. Like I can't imagine this world if Satoshi Nakamoto hadn't 287 00:21:48,964 --> 00:21:57,444 released Bitcoin for us because everything is headed into like very extreme tyranny. You see it 288 00:21:57,444 --> 00:22:03,424 There's talk about digital IDs, central bank digital currencies, everything to tighten that 289 00:22:03,424 --> 00:22:08,624 noose around your neck because you have a bunch of psychopaths, that club that you don't belong to, 290 00:22:08,944 --> 00:22:15,364 that genuinely believe they have the right to play God and that everyone on earth is a meaningless 291 00:22:15,364 --> 00:22:22,744 peon that is put on this planet to serve them so that they can live for free at the expense of your 292 00:22:22,744 --> 00:22:29,964 time and energy. So those that say no to a life of a donkey are going to opt out. And those that 293 00:22:29,964 --> 00:22:34,504 don't care, well, you know, then they have, they lose the right to complain and they have to just 294 00:22:34,504 --> 00:22:39,724 accept everything that's coming their way. But in my opinion, even the most resistant, stubborn, 295 00:22:40,024 --> 00:22:46,444 ignorant, stupid human being at some point is going to have enough because things are going to 296 00:22:46,444 --> 00:22:54,724 get so bad that it's going to be either death or a better solution because the current state 297 00:22:54,724 --> 00:23:01,344 will be unlivable. So that is coming. And which is why I believe we're headed into a divided world, 298 00:23:01,344 --> 00:23:06,864 which is going to become very apparent. I often refer back to that movie Elysium. I don't know if 299 00:23:06,864 --> 00:23:12,664 anybody has seen it, but if you haven't, I strongly recommend it. And basically it talks about earth 300 00:23:12,664 --> 00:23:15,744 being like this really devastating shithole, 301 00:23:16,164 --> 00:23:17,604 whereas above Earth, 302 00:23:17,824 --> 00:23:20,004 there's this man-made, created, 303 00:23:20,284 --> 00:23:22,944 you know, like a planet, so to speak, 304 00:23:23,284 --> 00:23:25,224 where those that have their resources are living. 305 00:23:25,624 --> 00:23:28,244 Beautiful life, you know, med-based, super AI, 306 00:23:28,704 --> 00:23:29,424 perfect life, 307 00:23:29,704 --> 00:23:32,644 whereas everyone that can't exit the system, 308 00:23:32,944 --> 00:23:35,764 Earth, is stuck in that, you know, in that shithole. 309 00:23:35,764 --> 00:23:39,284 So I think we're headed towards some version of this, 310 00:23:39,604 --> 00:23:41,504 where those that are outside the system, 311 00:23:41,504 --> 00:23:46,364 financially independent, not needing government assistance in any way, shape or form, are living 312 00:23:46,364 --> 00:23:52,944 amongst very tightly knit and very strong and very financially comfortable circular economies. 313 00:23:53,484 --> 00:23:58,984 And those that aren't, well, they're going to experience that nightmare that I'm talking about. 314 00:23:59,684 --> 00:24:06,204 And at some point, they're going to want to leave, right? But the entry point to that other world is 315 00:24:06,204 --> 00:24:11,384 going to be very high at that point. So how that unfolds, I have no idea. Like I don't have a 316 00:24:11,384 --> 00:24:18,044 crystal ball but i genuinely believe we are headed towards some form of this of this life on earth 317 00:24:18,044 --> 00:24:24,624 so for anyone paying attention if you're still in a position to opt out and by opting out i don't 318 00:24:24,624 --> 00:24:31,324 mean like going 100 you know overnight into bitcoin because that requires um like a solid 319 00:24:31,324 --> 00:24:35,124 understanding of first of all what you're doing and why you're doing it for and understanding 320 00:24:35,124 --> 00:24:40,404 bitcoin in general bitcoin is money it's not a speculative asset it's not an investment it's not 321 00:24:40,404 --> 00:24:59,848 It not a stock it not a share that you buy in order to sell for worthless paper later on which is still unfortunately what a lot of people seem to think it is and why most of them end up losing money You need to understand that Bitcoin was created as a currency So you had the dollar the euro the yen now you have Bitcoin 322 00:24:59,848 --> 00:25:03,768 And the main difference is that it's not controlled by anyone and no one can manipulate it. 323 00:25:03,768 --> 00:25:07,408 So it's really money for the people by the people. 324 00:25:07,408 --> 00:25:12,408 No matter how much of it you own, your influence on the network is a big fat zero, which is 325 00:25:12,408 --> 00:25:16,028 why ultimately I believe all governments are going to settle on it because they're never 326 00:25:16,028 --> 00:25:21,728 going to accept that some other country has an advantage over them with. That takes a little bit 327 00:25:21,728 --> 00:25:25,248 of knowledge and doing the work and reading and understanding. But once that cements, 328 00:25:26,128 --> 00:25:32,288 there is no going back. And unless you've walked in my shoes and experienced hell itself, 329 00:25:33,128 --> 00:25:39,088 you know, the other side of the fiat nightmare, how long that takes you to get to that point of 330 00:25:39,088 --> 00:25:45,528 conviction, that really depends on you. So if you're going to wait until your life blows up like I did, 331 00:25:46,028 --> 00:25:51,028 Well, you're going to learn it, you know, instantly, but it's going to be a very painful lesson. 332 00:25:52,028 --> 00:25:59,968 Otherwise, you can start the transition by understanding what Bitcoin is and slowly progressing your way into it. 333 00:26:00,008 --> 00:26:02,728 You don't have to buy one entire Bitcoin to get started. 334 00:26:03,148 --> 00:26:04,768 Bitcoin is a savings technology. 335 00:26:05,248 --> 00:26:10,568 So you save, you start at your own comfort level, and you eventually work your way up. 336 00:26:10,708 --> 00:26:15,108 It is the most scarce asset in the universe that humanity has ever known. 337 00:26:15,108 --> 00:26:22,468 21 million enshrined in code no one's going to change that so no matter how small your number is 338 00:26:22,468 --> 00:26:28,088 that will represent at some point a purchasing power larger than you can possibly imagine 339 00:26:28,088 --> 00:26:34,168 because we've never had anything like this before so i get this comment a lot yeah but you know i 340 00:26:34,168 --> 00:26:40,248 have a small pathetic number it's it's it's not much i'm like says who is like because you're not 341 00:26:40,248 --> 00:26:46,088 living in that future yet. That's why you're still measuring your wealth based on dollars, 342 00:26:46,228 --> 00:26:52,128 which is the worst metric available for this. Put your savings in Bitcoin. If you're not in a 343 00:26:52,128 --> 00:26:58,248 position to spend and replace, just continuously add to your savings. But if you are in a position 344 00:26:58,248 --> 00:27:03,888 to spend and replace, then use Bitcoin as money, because that's what it is. And it's the only way 345 00:27:03,888 --> 00:27:10,268 it remains decentralized and secure, which in turn adds to its store of value. If Bitcoin was 346 00:27:10,268 --> 00:27:16,988 only used to hold and never spend, it would fail because at some point it would get co-opted. 347 00:27:17,848 --> 00:27:21,808 Thankfully, that is not what's happening because there's many countries around the world, 348 00:27:21,888 --> 00:27:27,768 there's millions of folks around the globe that are using Bitcoin as currency. These people have 349 00:27:27,768 --> 00:27:31,788 been debanked their entire life. They've never seen a bank account. They've never had a single 350 00:27:31,788 --> 00:27:37,148 penny to their name. As of Bitcoin, they all do. They have businesses now, they run their lives, 351 00:27:37,228 --> 00:27:42,368 they earn their keep in Bitcoin. So if somebody is earning $20, $30 a day in Bitcoin, they're not 352 00:27:42,368 --> 00:27:48,988 holding it to become a billionaire in seven years. They're using those $20, $30 the same day to go 353 00:27:48,988 --> 00:27:54,388 buy groceries or whatever else they need. So they are using it as money. So again, when 8 billion 354 00:27:54,388 --> 00:28:00,648 people use Bitcoin as money, which I think at some point is going to happen, that's how it remains 355 00:28:00,648 --> 00:28:04,868 decentralized and secure because you cannot stop 8 billion people from peer-to-peer transactions. 356 00:28:05,408 --> 00:28:09,148 That is lunacy. That is a narrative that governments and institutions are trying to push 357 00:28:09,148 --> 00:28:15,808 just to instill fear and FUD. Peer-to-peer is unstoppable. They can threaten, talk about it 358 00:28:15,808 --> 00:28:21,948 all day. They cannot stop it. If they could, they would have done it. Believe me, they tried to 359 00:28:21,948 --> 00:28:27,948 stop the peer-to-peer sharing of music, movies, and software for the last, God knows how long, 360 00:28:27,948 --> 00:28:33,408 20, 30 years. How well has that played out? And that's meaningless. These are meaningless items. 361 00:28:33,648 --> 00:28:38,728 No one's going to stop peer-to-peer money. Okay, so don't get swayed by what they say. Don't let 362 00:28:38,728 --> 00:28:45,048 the fear paralyze you. This is a threat to the system, a real threat. They know this, 363 00:28:45,828 --> 00:28:52,748 which is why they hate it. And which is why there's two words that governments and institutions 364 00:28:52,748 --> 00:28:54,508 will never advertise. 365 00:28:55,528 --> 00:28:56,648 Self-custody. 366 00:28:57,428 --> 00:28:58,828 That is the revolution. 367 00:29:00,108 --> 00:29:01,928 That is what Bitcoin was created for. 368 00:29:02,008 --> 00:29:02,968 If you read the white paper, 369 00:29:03,068 --> 00:29:03,988 the first headline, 370 00:29:04,668 --> 00:29:06,188 peer-to-peer electronic cash. 371 00:29:06,728 --> 00:29:07,328 That's it. 372 00:29:07,728 --> 00:29:09,368 That means the days of relying 373 00:29:09,368 --> 00:29:10,888 on third-party institutions 374 00:29:10,888 --> 00:29:12,968 or custodians are over. 375 00:29:13,748 --> 00:29:16,348 You don't need these people anymore at all. 376 00:29:16,548 --> 00:29:18,068 You are the king now. 377 00:29:18,548 --> 00:29:19,688 You learn the steps. 378 00:29:19,688 --> 00:29:21,588 You become unconfiscatable 379 00:29:21,588 --> 00:29:22,608 and uncontrollable. 380 00:29:22,748 --> 00:29:28,168 because now you are the decider for anything and everything around the finances of your life. 381 00:29:28,628 --> 00:29:32,468 So you make sure you have that, and then you make sure you live in a jurisdiction 382 00:29:32,468 --> 00:29:36,548 that is not going to become a nightmare in your everyday life. 383 00:29:36,548 --> 00:29:40,268 And once you establish these steps, your life magically upgrades, 384 00:29:40,408 --> 00:29:45,928 like in a way that is indescribable until you are walking in these shoes every day. 385 00:29:46,148 --> 00:29:51,428 And if you have kids, in my opinion, it is almost mandatory that you look into this 386 00:29:51,428 --> 00:29:53,288 and secure this for them. 387 00:29:53,568 --> 00:29:56,688 Because even if you are okay for the time being, 388 00:29:56,968 --> 00:29:58,168 they will outlive you. 389 00:29:58,688 --> 00:30:03,188 And you don't want them to end up living in a hellhole, 390 00:30:03,528 --> 00:30:05,808 living essentially as like imprisoned dogs 391 00:30:05,808 --> 00:30:08,688 under the tyrannical rule of psychopaths. 392 00:30:09,368 --> 00:30:11,468 So it's a lot to unpack, 393 00:30:11,768 --> 00:30:13,888 but we're having this conversation. 394 00:30:14,128 --> 00:30:15,748 We don't have an infinite amount of time. 395 00:30:15,748 --> 00:30:17,408 So I'm trying to condense it 396 00:30:17,408 --> 00:30:22,588 and as easy to understand as possible. 397 00:30:22,768 --> 00:30:25,568 There is a lot to be able to unpack, 398 00:30:25,688 --> 00:30:27,608 I guess in reference to the white paper. 399 00:30:27,728 --> 00:30:29,848 If anyone hasn't read it, it's nine pages. 400 00:30:30,228 --> 00:30:33,208 It's on g'daybitcoin.com, link in the description. 401 00:30:34,068 --> 00:30:36,188 And then to learn more about Bitcoin, 402 00:30:36,748 --> 00:30:39,408 the big print by Lawrence Lippard's highly recommended 403 00:30:39,408 --> 00:30:40,408 if you're a reader. 404 00:30:40,608 --> 00:30:42,408 Just to be able to learn that, 405 00:30:42,788 --> 00:30:44,648 like listening to Tony sometimes, 406 00:30:44,648 --> 00:30:46,648 you're like, oh, maybe that's not going to happen 407 00:30:46,648 --> 00:30:51,708 Australia or Canada or the UK or something. It's not like Lebanon. But then when you listen to 408 00:30:51,708 --> 00:30:57,028 someone like Lawrence Lopardon, who's saying exactly the same thing in a different way, 409 00:30:57,188 --> 00:31:02,248 and then you read another book and another book or watch another podcast, and all this information 410 00:31:02,248 --> 00:31:08,768 is triangulating onto this one data point that slowly then suddenly, like there's Vladimir Putin, 411 00:31:08,888 --> 00:31:14,768 the dictator of Russia, one of his main spokespeople came out warning the world, basically, 412 00:31:14,768 --> 00:31:21,348 that the US government could debase the dollar so fast and so rapidly and put it into the crypto 413 00:31:21,348 --> 00:31:27,148 cloud talking about Bitcoin and stuff. If that happens, the whole world, like the US dollar is 414 00:31:27,148 --> 00:31:32,528 the world reserve currency. If that collapses or hyperinflates, what happens to the Australian 415 00:31:32,528 --> 00:31:38,808 dollar, the Canadian dollar, the pound sterling, etc? We may go along and we think we're so safe 416 00:31:38,808 --> 00:31:44,868 and everything's okay and stuff, but all the information converging at the same time as AI 417 00:31:44,868 --> 00:31:52,148 and this debt-death spiral that we're in in our monetary system, it is coming, unfortunately, 418 00:31:52,308 --> 00:31:57,248 in my opinion, as well as Tony's, and there is a better option. There's an easier option, 419 00:31:57,308 --> 00:32:02,948 which is Bitcoin. And you can also jump on the phone. When people, if they meet with you, Tony, 420 00:32:02,948 --> 00:32:09,828 the first consultation's free so they should like start to ask these questions and seek out 421 00:32:09,828 --> 00:32:15,408 that new information if they are inclined and learn what else is out there because you get to 422 00:32:15,408 --> 00:32:20,888 speak to heaps of people I was wondering if you'd be able to um we sort of talked about 423 00:32:20,888 --> 00:32:29,308 like using bitcoin as money a little bit but I guess like using bitcoin as money as self-sovereignty 424 00:32:29,308 --> 00:32:36,728 combining that with the plan B, because earlier you were saying it's no longer like just about 425 00:32:36,728 --> 00:32:41,448 the money, but obviously the money is a huge component, but it's about protecting the body. 426 00:32:41,448 --> 00:32:44,228 Like when you said that, I was like, well, what's that mean? 427 00:32:44,488 --> 00:32:49,108 Well, because if you control the money, but you're still stuck in a country that literally 428 00:32:49,108 --> 00:32:53,248 doesn't let you leave, then what have you accomplished? You're still a prisoner, right? 429 00:32:53,348 --> 00:32:58,428 So you want to protect yourself by moving somewhere where they're not going to treat 430 00:32:58,428 --> 00:33:04,048 you as a criminal. That's where the plan B right now these days is no longer an option, really, 431 00:33:04,088 --> 00:33:10,008 in my opinion. I think it's supposed to be a plan A, pretty much along the same priority as the 432 00:33:10,008 --> 00:33:13,368 money. But of course, you know, if you really wanted to rank them, the money will always come 433 00:33:13,368 --> 00:33:19,308 first. But you cannot dismiss where you live. Because let me give you another scenario. Let's 434 00:33:19,308 --> 00:33:23,888 say you protect the money and you're living in a country where everybody else around you is 435 00:33:23,888 --> 00:33:28,328 bankrupt or like in a very dire situation. So even though you're financially comfortable, 436 00:33:28,648 --> 00:33:33,448 it's not safe for you to walk down the street because, you know, you are going to potentially 437 00:33:33,448 --> 00:33:38,928 be a target every five minutes because everyone around you isn't financially comfortable. 438 00:33:40,228 --> 00:33:47,668 So it becomes very unpredictable to be in a position like this. And the point about the 439 00:33:47,668 --> 00:33:50,768 money that you made about, you know, people thinking that's not going to hyperinflate, 440 00:33:50,768 --> 00:33:51,508 It's already happening. 441 00:33:52,248 --> 00:33:56,168 I mean, when people contact me and we discuss pricing, 442 00:33:56,508 --> 00:33:58,448 I still get these comments like, 443 00:33:58,528 --> 00:34:00,708 oh my gosh, why is it more expensive in Aussie dollars 444 00:34:00,708 --> 00:34:03,928 versus euros or other currency? 445 00:34:04,428 --> 00:34:06,648 I'm like, it's not more expensive. 446 00:34:06,948 --> 00:34:08,508 It's the exact same amount. 447 00:34:08,868 --> 00:34:12,588 It's just that the Australian dollar has lost so much value 448 00:34:12,588 --> 00:34:17,928 that yes, it takes a bigger number to equate that same value. 449 00:34:18,248 --> 00:34:20,308 And so as a joke, you know, like for example, 450 00:34:20,308 --> 00:34:25,988 like I use like a $5,000 metric just to illustrate the point, like a 5,000 euro, for example, 451 00:34:25,988 --> 00:34:32,728 is almost 9,000 Aussie dollars. So it's almost double. So someone, someone wouldn't with a, 452 00:34:32,888 --> 00:34:36,268 without a strong understanding of money automatically thinks that, you know, we're 453 00:34:36,268 --> 00:34:42,108 charging more to Australians, which is silly. It's the same value. So to put that in perspective, 454 00:34:42,108 --> 00:34:47,168 I tell them what, do you want to know what 5,000 euros is in Lebanese pounds? And then I tell them 455 00:34:47,168 --> 00:34:49,008 It's around 526 million. 456 00:34:49,608 --> 00:34:52,808 So am I charging the Lebanese people 526 million? 457 00:34:52,948 --> 00:34:53,008 Why? 458 00:34:53,108 --> 00:34:53,788 Because I'm an asshole? 459 00:34:54,028 --> 00:34:57,568 It's the same amount, which is why everything we do is in Bitcoin. 460 00:34:58,028 --> 00:35:00,648 You take all of these numbers, all these meaningless fiat numbers, 461 00:35:00,848 --> 00:35:04,948 you convert them back to real money, and that number doesn't change. 462 00:35:05,248 --> 00:35:09,408 That's how you know that the money that you've been working for your entire life 463 00:35:09,408 --> 00:35:11,028 is literally toilet paper. 464 00:35:11,248 --> 00:35:12,148 It's worthless money. 465 00:35:12,488 --> 00:35:16,728 Printed, you know, on a whim by a bunch of crazy people that are living for free 466 00:35:16,728 --> 00:35:22,248 at your expense. So if things are getting more expensive in your local currency, it's not because 467 00:35:22,248 --> 00:35:28,808 merchants are charging you more. It's because your local currency is headed to zero in value. 468 00:35:29,348 --> 00:35:35,428 And the longer you wait, the higher those numbers are going to be. And at some point, 469 00:35:35,428 --> 00:35:43,728 you're not going to be able to buy anything. So in Lebanon, that happened within six days. 470 00:35:43,728 --> 00:35:49,228 so it's not like it's going to take three years for it to go to zero when the system breaks it 471 00:35:49,228 --> 00:35:55,628 breaks really fast if at some point if you wanted to go have a chicken breast lunch in Beirut do 472 00:35:55,628 --> 00:36:00,668 you know what it costs you sixteen hundred dollars okay and so when you want to go to the supermarket 473 00:36:00,668 --> 00:36:08,868 to buy basic needs you literally have to carry your luggage a suitcase to fill it with that garbage 474 00:36:08,868 --> 00:36:10,948 in order to pay for basic items. 475 00:36:11,348 --> 00:36:13,868 That's how much of it you physically need to carry. 476 00:36:14,168 --> 00:36:17,848 So all fiat money, including the US dollar, 477 00:36:18,048 --> 00:36:19,148 is headed to zero. 478 00:36:19,948 --> 00:36:22,388 They are trying to extend that in the US 479 00:36:22,388 --> 00:36:24,548 via the Stablecoin Act. 480 00:36:25,548 --> 00:36:27,628 Maybe they extend that a little bit, 481 00:36:27,868 --> 00:36:29,468 but if that plays out, 482 00:36:29,528 --> 00:36:31,008 that's going to be at the detriment 483 00:36:31,008 --> 00:36:33,668 of 170 currencies worldwide. 484 00:36:35,168 --> 00:36:38,048 And eventually, their turn will come. 485 00:36:38,408 --> 00:36:38,708 Why? 486 00:36:38,868 --> 00:36:40,068 for one reason. 487 00:36:41,528 --> 00:36:44,008 There now exists in the world 488 00:36:44,008 --> 00:36:47,068 an alternative currency, Bitcoin. 489 00:36:47,608 --> 00:36:49,068 It's not going away. 490 00:36:49,808 --> 00:36:51,368 They can't shut it down. 491 00:36:52,368 --> 00:36:54,188 You can't pretend it doesn't exist. 492 00:36:54,968 --> 00:36:57,488 Eventually, 100 trillion or more assets 493 00:36:57,488 --> 00:37:00,828 around the world are going to find its way 494 00:37:00,828 --> 00:37:03,028 into incorruptible money. 495 00:37:03,808 --> 00:37:05,708 Logically, there's nowhere else to put it. 496 00:37:06,308 --> 00:37:08,708 It cannot be stolen, manipulated, or corrupted 497 00:37:08,708 --> 00:37:10,868 by any living soul anymore. 498 00:37:11,268 --> 00:37:14,148 And that is why Bitcoin has so much value. 499 00:37:14,348 --> 00:37:26,012 Not because it the fastest or the sexiest or whatever else you want to call it It because no one can control it If that was its one and only feature that enough Yeah I agree 500 00:37:26,252 --> 00:37:28,872 I want to speak to two points that you made. 501 00:37:29,052 --> 00:37:33,212 If anyone truly doesn't think this is going to happen to Australia, 502 00:37:33,212 --> 00:37:38,352 in the life of the Australian dollar, it's already lost 93% of its purchasing power, 503 00:37:39,092 --> 00:37:41,072 which is crazy. 504 00:37:41,192 --> 00:37:42,632 But then another point that you're making, 505 00:37:42,632 --> 00:37:45,632 probably about midway through the conversation, Tony, 506 00:37:45,712 --> 00:37:47,512 is people don't need to go out and buy one Bitcoin. 507 00:37:47,672 --> 00:37:51,112 That's about $180,000 plus Australian at the moment. 508 00:37:51,472 --> 00:37:53,612 People will be like, whoa, that's so much. 509 00:37:53,772 --> 00:37:56,452 But over like the last four, four and a bit years, 510 00:37:56,552 --> 00:37:58,852 say go back six months and then four years prior, 511 00:37:59,052 --> 00:38:01,952 there's somebody stacking $10 a day USD 512 00:38:01,952 --> 00:38:04,092 and they managed to get to one Bitcoin. 513 00:38:04,092 --> 00:38:07,952 They just day in, day out, $70 a week, $10 a day, 514 00:38:08,312 --> 00:38:09,292 they got to one Bitcoin. 515 00:38:09,452 --> 00:38:11,452 Obviously, Bitcoin's priced a lot higher now. 516 00:38:11,452 --> 00:38:21,012 Over the next four years, by doing $10 a day, maybe you get to 0.1 Bitcoin or 0.05 or whatever it is, but it'll add up to be such a huge amount. 517 00:38:21,252 --> 00:38:29,552 And maybe the Bitcoin decimal point number is pretty small, but in fiat terms, over time, it's going to be worth a lot more than what you're putting in there. 518 00:38:29,552 --> 00:38:38,632 But we've covered a lot of information in this podcast, Tony, like we're talking on nodes, plan B, using Bitcoin as money. 519 00:38:38,632 --> 00:38:57,132 I think that's the most important thing and really where I'd like to wrap the conversation up with is, especially since last year with BlackRock coming out with the Bitcoin ETF and stuff, that's one way to be able to, I don't even want to say buy Bitcoin, but buy exposure to Bitcoin's price. 520 00:38:57,132 --> 00:38:59,912 I think that's maybe more of a fair way to do it. 521 00:38:59,992 --> 00:39:02,832 Or you can buy Bitcoin, but leave it on the exchange. 522 00:39:03,092 --> 00:39:06,192 I still don't believe you've got exposure to Bitcoin, 523 00:39:06,312 --> 00:39:09,632 maybe to the number go upside of things, but it's not your Bitcoin. 524 00:39:09,872 --> 00:39:13,572 If you're using collaborative custody, things like that, 525 00:39:14,092 --> 00:39:18,112 you've got exposure again to Bitcoin that can benefit your life, 526 00:39:18,112 --> 00:39:21,532 but you're not holding the bearer asset the way that it was intended, 527 00:39:21,992 --> 00:39:23,552 like Satoshi made. 528 00:39:23,552 --> 00:39:25,552 Like it's just such an crazy revolution. 529 00:39:26,292 --> 00:39:28,792 A good book on this is resistance money. 530 00:39:29,392 --> 00:39:47,752 But I'd just like you to maybe unpack like the ETFs leaving on the exchange and just like why at this time with everything we've discussed, digital IDs, CBDCs and stuff, people really need to either spend the time or spend the money to be able to learn to do self-custody. 531 00:39:47,752 --> 00:39:51,412 because my opinion, Tony, and I'm sure you can relate to this, 532 00:39:51,632 --> 00:39:54,452 unless it's in self-custody, it's not your Bitcoin. 533 00:39:54,672 --> 00:39:55,752 It's not freedom money. 534 00:39:55,992 --> 00:39:58,152 And when you need it there the most, it may not be there 535 00:39:58,152 --> 00:39:59,952 or it may not be easily accessible. 536 00:40:00,312 --> 00:40:02,992 Whereas if you get it right now, then it's good. 537 00:40:03,212 --> 00:40:03,752 You're good. 538 00:40:03,972 --> 00:40:05,492 Like you can be self-sovereign. 539 00:40:05,612 --> 00:40:06,972 You can live a life of freedom. 540 00:40:07,072 --> 00:40:08,372 You can live the life of your dreams. 541 00:40:08,672 --> 00:40:09,572 Yeah, absolutely, man. 542 00:40:09,652 --> 00:40:11,392 I mean, self-custody is the revolution. 543 00:40:11,392 --> 00:40:13,232 It's the only way you win in Bitcoin. 544 00:40:13,632 --> 00:40:15,992 Everything else, these are all fiat games. 545 00:40:15,992 --> 00:40:32,792 And I mean, when you see governments and institutions praise Bitcoin all day long, if you notice, they're praising it as long as it's in their version of Bitcoin, which is, you know, the ETFs, the Bitcoin treasuries, you know, leaving your Bitcoin in the custody of a bank that they control. 546 00:40:33,012 --> 00:40:37,892 Basically, they would like you to adopt Bitcoin, but in a way that keeps you dependent on them. 547 00:40:38,132 --> 00:40:38,992 That's the lie. 548 00:40:39,312 --> 00:40:40,212 You don't need them. 549 00:40:40,592 --> 00:40:42,072 Now, they're free to do this. 550 00:40:42,172 --> 00:40:44,552 I mean, Bitcoin is for anyone, the good, the bad and the ugly. 551 00:40:44,552 --> 00:40:49,852 But when you understand Bitcoin, you understand that that's not what it was created for. 552 00:40:50,172 --> 00:40:55,392 Bitcoin was created as an exit that you don't have to depend on anyone, especially not those 553 00:40:55,392 --> 00:41:00,592 that created a system that funds wars, that funds genocides, that's designed to steal 554 00:41:00,592 --> 00:41:05,992 censor control and like pretty much enslave humanity so that, you know, a bunch of people 555 00:41:05,992 --> 00:41:10,292 that belong to that, you know, club can live for free at everybody else's expense. 556 00:41:10,532 --> 00:41:12,992 So we need to unlearn the lies. 557 00:41:12,992 --> 00:41:17,172 This is the hardest thing that I find people have a hard time wrapping their brains around, 558 00:41:17,612 --> 00:41:20,852 is unlearning the lies that we've been taught since the day we were born. 559 00:41:21,252 --> 00:41:24,792 The days of trusting third-party custodians have now become optional. 560 00:41:24,992 --> 00:41:25,652 You don't need them. 561 00:41:25,952 --> 00:41:30,912 In fact, they are an extremely risky position to put yourself in because, you know, 562 00:41:31,252 --> 00:41:34,432 human beings are, you know, corruptible and under the right circumstances. 563 00:41:34,772 --> 00:41:39,732 They will lie, they will steal, they will throw you under a bus in order to save themselves. 564 00:41:39,732 --> 00:41:49,192 So if you don't want to have this headache looming around your head all the time, well, then you simply need to learn a few steps and opt out. 565 00:41:49,192 --> 00:41:53,372 And one thing I want to stress on is how do we live on a Bitcoin standard? 566 00:41:53,592 --> 00:41:57,432 Like people ask me this all the time, you know, while you talk about Bitcoin, Bitcoin has money. 567 00:41:57,692 --> 00:42:00,072 How do you actually live on a Bitcoin standard? 568 00:42:00,412 --> 00:42:03,212 Well, that's a very valid question and I'll answer it. 569 00:42:03,672 --> 00:42:09,112 First of all, there are thousands of merchants every day accepting Bitcoin. 570 00:42:09,112 --> 00:42:14,672 one thing we push heavily here at the bitcoin way is that if you're a person who owns a business 571 00:42:14,672 --> 00:42:19,412 that was selling a product or a service or whatever the case may be start accepting bitcoin 572 00:42:19,412 --> 00:42:26,372 as payment that incentivizes other people to do the same which in turn subconsciously registers 573 00:42:26,372 --> 00:42:32,272 bitcoin as money in the minds of eight billion people so they start seeing it you know cash 574 00:42:32,272 --> 00:42:37,932 credit cards bitcoin cash credit cards bitcoin so it's money they don't necessarily see it as 575 00:42:37,932 --> 00:42:42,612 an investment because it's not an investment. It's a savings technology that's infinitely 576 00:42:42,612 --> 00:42:47,852 appreciating in value. So a lot of businesses now accept Bitcoin. Unless you're looking for 577 00:42:47,852 --> 00:42:52,072 something really specific, you'll probably find someone who's accepting Bitcoin for it. So that's 578 00:42:52,072 --> 00:42:57,472 one. In the event you have to buy something where Bitcoin is not accepted yet, while there are debit 579 00:42:57,472 --> 00:43:03,532 cards, you know, Visa, MasterCards that you can load up with your Bitcoin and you just go on about 580 00:43:03,532 --> 00:43:08,272 the world tap tap tap you know buying whatever you want and what these cards are doing in the 581 00:43:08,272 --> 00:43:13,472 background is that they're selling that little bit of bitcoin into the local currency to pay for the 582 00:43:13,472 --> 00:43:18,112 item that you're purchasing so the merchant has no idea this is happening only you know because 583 00:43:18,112 --> 00:43:24,352 it's your card but with these two things you can 100% live on a bitcoin standard so whenever 584 00:43:24,352 --> 00:43:29,412 bitcoin is accepted of course you pay in bitcoin and you replace it if you still have access to 585 00:43:29,412 --> 00:43:32,572 you know, worthless fiat, you swap it right away. 586 00:43:33,432 --> 00:43:36,652 Otherwise, you can use these debit cards in these places 587 00:43:36,652 --> 00:43:38,532 where the Bitcoin is not accepted yet. 588 00:43:38,752 --> 00:43:41,172 But over the last five years, 589 00:43:41,392 --> 00:43:46,052 I'd say that I'm using my fiat debit card 590 00:43:46,052 --> 00:43:49,992 way less than I used to five years ago. 591 00:43:49,992 --> 00:43:54,132 And as time moves forward, at some point, I won't even need it. 592 00:43:55,192 --> 00:43:55,292 Yeah. 593 00:43:55,592 --> 00:43:57,732 Okay, so that world exists. 594 00:43:57,732 --> 00:43:59,832 It's not like a fairy tale dream. 595 00:44:00,472 --> 00:44:01,552 And I'm not unique. 596 00:44:02,512 --> 00:44:04,852 There are millions like me doing the same thing. 597 00:44:05,612 --> 00:44:08,272 And everyone is doing just fine. 598 00:44:10,972 --> 00:44:13,252 Even just like an example in this room, 599 00:44:13,392 --> 00:44:16,452 the artwork on the walls, I paid for that in Bitcoin. 600 00:44:16,772 --> 00:44:18,832 My logo paid for in Bitcoin. 601 00:44:19,192 --> 00:44:21,672 Start9, server1 paid for it in Bitcoin. 602 00:44:21,672 --> 00:44:23,992 The books paid for it in Bitcoin. 603 00:44:23,992 --> 00:44:30,032 my editors thumbnail design everything paying bitcoin like if i need someone to edit a video 604 00:44:30,032 --> 00:44:35,292 or something i won't pay them in cash or like no you're doing bitcoin stuff you'll get paid in 605 00:44:35,292 --> 00:44:40,192 bitcoin or i'll go find someone else and they're like okay and they'll do it and i've gotten them 606 00:44:40,192 --> 00:44:46,512 on on board with that one thing one last question tony is some people may come back and they're like 607 00:44:46,512 --> 00:44:53,672 self-custody is not for for me i'm not maybe comfortable with technology or i'm too old or 608 00:44:53,672 --> 00:44:57,632 I'm not used to it or I don't know how to drive a computer 609 00:44:57,632 --> 00:45:00,332 or I don't want to be able to take that responsibility. 610 00:45:00,332 --> 00:45:07,212 I possibly can't hold on to my worth myself and be 100% responsible for that. 611 00:45:07,492 --> 00:45:08,552 What would you say? 612 00:45:08,612 --> 00:45:13,752 Because I know that you've talked to lots and lots and lots of people 613 00:45:13,752 --> 00:45:17,712 of all different demographics coming from different skill sets, 614 00:45:17,892 --> 00:45:19,692 backgrounds, skill stacks. 615 00:45:20,352 --> 00:45:23,312 I guess what would you say for the person that thinks that 616 00:45:23,672 --> 00:45:25,692 They can't for one reason or another. 617 00:45:25,952 --> 00:45:29,172 There's no human being on the planet, in my opinion, that can't do this. 618 00:45:29,292 --> 00:45:30,672 This isn't rocket science. 619 00:45:30,972 --> 00:45:32,612 I get this question a lot. 620 00:45:32,752 --> 00:45:33,972 You know, people are like, yeah, but you know what? 621 00:45:33,972 --> 00:45:35,192 I really suck on a computer. 622 00:45:35,452 --> 00:45:36,212 I'm like, that's fine. 623 00:45:36,212 --> 00:45:43,152 You don't have to have a PhD in networking or be a cryptographer to do this. 624 00:45:43,432 --> 00:45:45,572 You just have to learn seven or eight new steps. 625 00:45:45,812 --> 00:45:49,632 And all you need is a very good teacher to break them down to you into baby steps. 626 00:45:49,712 --> 00:45:51,992 And this is exactly what we do here at The Bitcoin Way. 627 00:45:52,072 --> 00:45:53,152 We speak basic English. 628 00:45:53,152 --> 00:45:54,912 There's no fancy vocabulary or words. 629 00:45:55,012 --> 00:45:59,292 There's nothing, you know, very elaborate about, you know, it's not an engineer talking 630 00:45:59,292 --> 00:45:59,972 to an engineer. 631 00:46:00,332 --> 00:46:05,252 It's talking, it's like an expert talking, you know, very basic ABCs to break this down 632 00:46:05,252 --> 00:46:06,712 into, you know, bite-sized pieces. 633 00:46:07,412 --> 00:46:12,132 Most of the people that we work with are, I'd say, in their 50s, 60s, 70s, well into 634 00:46:12,132 --> 00:46:12,792 their 80s. 635 00:46:12,892 --> 00:46:15,772 I can assure you none of them have a computer background, zero. 636 00:46:16,472 --> 00:46:18,572 They are all 100% sovereign. 637 00:46:19,112 --> 00:46:22,432 Encrypted vaults, air-gapped wallets, Bitcoin nodes, solo mining. 638 00:46:22,432 --> 00:46:28,032 all of that stuff that we do they do comfortably it takes a little bit of muscle memory to build up 639 00:46:28,032 --> 00:46:32,472 you know that comfort level and of course these are things that we assist with but it happens much 640 00:46:32,472 --> 00:46:38,852 quicker than you you'd expect and once once you get the hang of it you'll never go back to that 641 00:46:38,852 --> 00:46:43,812 broken system because everything is so much quicker and so much easier on a bitcoin standard that 642 00:46:43,812 --> 00:46:49,872 you're like why didn't i do this like 10 years ago that is a comment i hear very frequently so 643 00:46:49,872 --> 00:46:54,752 So as long as you're comfortable on a computer, on its basic level, following clear and concise instructions, 644 00:46:55,032 --> 00:46:58,352 like press here, do this, do that, we will walk you through all of it. 645 00:46:58,452 --> 00:47:07,072 And we will make sure that you have the exercises that you need to build that muscle memory in a very quick and easy way. 646 00:47:07,592 --> 00:47:08,452 And you will get it. 647 00:47:08,612 --> 00:47:11,312 I mean, when you drive your car, do you think twice about it? 648 00:47:11,372 --> 00:47:11,832 Of course not. 649 00:47:11,892 --> 00:47:13,312 You just get in, turn the ignition and go. 650 00:47:13,772 --> 00:47:14,672 This is the same thing. 651 00:47:14,672 --> 00:47:21,312 so it's just it's just the fear of the unknown because you haven't done it yet that is giving 652 00:47:21,312 --> 00:47:28,212 you all of these you know crazy thoughts but those disappear very very quickly i agree and that's been 653 00:47:28,212 --> 00:47:33,672 like my experience is already very comfortable with bitcoin but at the start you tore my security 654 00:47:33,672 --> 00:47:39,352 setup and like rebuild it from scratch basically and changed it more secure but friends family 655 00:47:39,352 --> 00:47:44,072 the audience, the subscribers, everyone that's gone through nothing but amazing feedback. 656 00:47:44,352 --> 00:47:49,092 As always, Tony, it's been such a pleasure to have you on the show. For everyone watching, 657 00:47:49,212 --> 00:47:56,232 I have put links to Tony below to the Bitcoin way. But also that podcast where we really dive 658 00:47:56,232 --> 00:48:01,312 deep into your journey in Lebanon, it's the most intense conversation I've ever had in my life. 659 00:48:01,712 --> 00:48:05,692 It's not for the faint of heart, but for anyone sitting on the fence thinking, 660 00:48:05,692 --> 00:48:08,652 You know, this could never happen in whatever country you're living in. 661 00:48:08,752 --> 00:48:12,532 If you've got the time, I'd really urge you to listen to that video. 662 00:48:12,872 --> 00:48:13,952 But still think about it. 663 00:48:13,952 --> 00:48:18,172 I don't know how long ago that was, 18 months, two years ago or something. 664 00:48:18,252 --> 00:48:21,572 It was quite a while ago we filmed and it left a lasting impression. 665 00:48:21,692 --> 00:48:26,112 But as always, Tony, keep helping people, stack those sets and become self-sovereign. 666 00:48:26,312 --> 00:48:27,132 Thank you very much. 667 00:48:27,272 --> 00:48:28,732 Thank you, Sean, for having me, man. 668 00:48:28,732 --> 00:48:29,532 Always a pleasure. 669 00:48:29,672 --> 00:48:33,692 I'll just leave your audience with a last note that this is a very exciting period of 670 00:48:33,692 --> 00:48:35,172 time that we're living in. 671 00:48:35,172 --> 00:48:41,832 Like, don't fear this. This is like you should be over the moon ecstatic that we have this opportunity, you know, presented to us. 672 00:48:41,972 --> 00:48:44,892 The Bitcoin future is unlike anything we've ever seen. 673 00:48:44,952 --> 00:48:46,352 It is really like the Renaissance. 674 00:48:46,652 --> 00:48:50,192 In my opinion, it's like the ninth wonder of the world on steroids. 675 00:48:50,492 --> 00:48:52,952 A world unlocked by incorruptible money. 676 00:48:53,092 --> 00:48:54,172 Like, holy cow, man. 677 00:48:54,252 --> 00:48:56,532 Like, I mean, the possibilities, you know, of AI. 678 00:48:56,752 --> 00:49:04,512 Can you just imagine what kind of amazing world of abundance we can build that can be built, that will be built using incorruptible sound money? 679 00:49:04,512 --> 00:49:10,692 it's very exciting don't fear it embrace it really it's an opportunity of a lifetime and we are so 680 00:49:10,692 --> 00:49:18,912 early um that you know just just do it just to back tony up yes um maybe there was a little bit 681 00:49:18,912 --> 00:49:23,512 of people might have felt a little bit of fear or something throughout this video but only if you're 682 00:49:23,512 --> 00:49:28,352 not on the bitcoin standard if you're on the bitcoin standard none of it matters at all life's 683 00:49:28,352 --> 00:49:33,892 gravy but tony amen brother for everything that you and the team team are doing i look forward to 684 00:49:33,892 --> 00:49:39,672 getting you back on to talk about especially decentralized solo mining and the intersection 685 00:49:39,672 --> 00:49:44,312 of AI with Bitcoin. But for everyone out there, please do something nice for yourself today. 686 00:49:44,692 --> 00:49:47,132 And for somebody else out there, be blessed. Peace.