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and we are live episode 21 of to the unknown pod jim can you believe it unbelievable uh

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unbelievable uh we never could have imagined guys episode 21 a magical a magical very important

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number in the bitcoin world uh this uh portends great things to come this will be great uh we we

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are here alone again, Jim. We keep having friends who fail us. This is one of these things. Tim

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isn't feeling well today. Pray for him. Oshawa, who knows what he's doing? He's out there dancing

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around Portland. He could be doing any one of a number of things. We won't even venture a guest,

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but we are here today. We are faithful here, pronouncing and tooting our own horn of our

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faithfulness. Probably not the way to go, but yeah, we're just here. This is going to be an

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interesting episode. Let me just introduce myself for those of you who are just happy to stumble

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across this on Twitter. My name is Jordan Bush. I'm the executive director of TGFB Media, which

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exists to help Christians understand and use Bitcoin for the glory of God and the good of

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people everywhere. And today I'm joined by only Jim McAndrew. Jim, introduce yourself for the

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fine folks watching at home. Hi, my name is Jim. I started a nonprofit with Tim Fox called Magnolia.

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We served Orange Pill the Church, Jesus Pill Bitcoiners, and Doctrine Pill everybody else.

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uh i'm currently sitting at my command center um i've been vibe coding all morning which is

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anathema if you've watched the previous episodes it's anathema to me so uh i'll report back later

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on my findings but so far i'm not impressed jim's a backslider is what he just confessed to uh he's

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he's been a vocal uh uh opponent of vibe coding and apparently he's he's you know putting a toe

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into the water uh but anyhow jim so basically again for those of you who are just watching

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maybe for the first time, what are we doing here? Well, the thing is that we spend time on Twitter

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every week and we could just go along and just, you know, let that time just fall off into the

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void like, you know, many people do. But as Christians, we want to redeem the time. We want

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to basically take, you know, take our time on Twitter and turn it into something that's useful,

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that could be a blessing, that could be helpful and, you know, it could help people think through

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some of the issues that, you know, we find in some of these tweets. So that's what we do. We

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find tweets every week. We bring them here. And just as we're doing this, sometimes I'll see a

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tweet and I'll think, oh man, I want to hear, I've got to hear Tim's doctrinal take on this issue.

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Or I want to hear Jim, what he thinks about this from a business standpoint,

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from an investing standpoint. And so this is what we do. So welcome. We're glad to have you here.

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And so we're going to start just start with a little something, a little spicy today. I know

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you guys are just used, maybe not used to us doing such spicy things, but I happen to be,

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there's a couple of tweets that are related here to this issue about, you know, what do you do?

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We look around and we see the financial situation of the country getting worse and worse and worse.

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People are in crisis in a hundred different ways. And so the question is, what can you really do

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about this as just a normal person? Like what do you actually do when the government's stealing

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from you via inflation and via just even more flagrantly, you know, through a bunch of these

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pork-filled bills that get passed. And then there's just a hundred other ways in which

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our purchasing power is being stolen from us. What do you actually do? And so, listen, one of the

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prophets of the modern day is Tucker Carlson. And Tucker Carlson, he's got an idea he's been

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thinking up. Let's kick it over to old Tucker and see what he's thinking and see what we think

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whether it says as Christians, as men, as Bitcoiners. Let's see here. And there it is.

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Here we go. Down or just you encourage everyone who's deep in debt to stop. And so I've often

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thought if I were to retire, maybe I would start a political movement, a new party in the country

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where the whole purpose is to bring the banks to their knees and shut them down. Or just you

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encourage everyone who's deep in debt to stop payment. How about 100 million people stop paying

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their car loans, their mortgages and their credit cards in the same way that Donald Trump once said,

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If you take a big enough loan from the bank, it's their problem.

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It's their problem.

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You're kind of in charge of the bank at that point.

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I would think it'd be kind of cool to do a crush the bank's political party where you

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just all of a sudden everyone stops payment at once.

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And then, you know, then you sit down with Jamie Dimon and renegotiate.

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What about that?

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I kind of like that.

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I would rather punish them incrementally and just let the demand for their horrible product

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dry up over time.

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Yeah.

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And let that be reflected a little bit at a time in their stock price instead of one

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morning in their stock price.

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One morning in the stock price, all the banks are broke.

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Feels a lot like 2008.

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Here are a lot of downstream banks.

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Pretty chaotic situation for the world.

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All right, Jim.

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So a lot of stuff going on here.

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So let's, I mean, for those of you at home

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who maybe aren't familiar with this bald-headed man right here,

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that is Dave Ramsey.

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Dave Ramsey, one of the most trusted economics voices in America today.

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He's not necessarily the biggest fan of this plan.

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So again, we have two sides of this plan. We have Tucker who's saying, you know, let's, this is like smash mouth. Let's make this happen. Let's, everyone just stop paying. Dave Ramsey says, you know what, I'd rather do this more incrementally. I'd rather, you know, just stop using their product. Just stop using debt. You know, stop using credit cards. Stop going into debt to get car loans, to get all these things.

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uh jim what are your thoughts when you hear these do do either of these plans sound uh reasonable to

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you what what are your thoughts uh well i mean defaulting on your debts is pretty un-christian

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so is that to deal with even if the person that was lending you the money was doing something

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not above board in the first place like creating the money out of thin air

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you did agree to pay them back.

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So I think if you're,

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again, I'm not saying there aren't situations

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where Christians can't do that,

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but I think in a situation

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where you're just trying to spite the other person

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because you think the system's unfair,

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I would lean more towards Dave Ramsey's side

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of opting out of the system and not taking the debt.

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But at the same time,

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if you choose to live that way in our world,

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and the way the fiat currency system is set up you're going to lose so we're incentivized to take

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on debt because of course when we pay that debt back we're paying it back with dollars that are

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worth less so yeah um i i don't know you know it's like you can sit there and point fingers

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at the bankers and say they're the evil ones but the person that's taking the loan is also

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benefiting off it, like benefiting from it as well. The people that are not benefiting

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is everybody else that is not part of that transaction. So, you know, we've talked about

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this before, but when you go take a loan to buy a new house, you know, I get to buy the house with

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dollars that were printed out of thin air by the bank. So the bank wins because they get to charge

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me interest on dollars that they didn't even have. I win because I get a hard asset in the house.

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And everybody else loses because now those dollars flow into the economy and debase the currency and reduce the purchasing power of all of their savings.

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And there's one less house available than would be available otherwise.

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So it increases the demand, it increases the price for things like homes and cars and any one of a number of things.

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yeah so i guess you could argue that taking as much debt as possible and buying bitcoin with it

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in order to speed up the transition to the sound money standard is in some way somehow the ethical

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thing to do but i think as dave ramsey points out when you try to accelerate things and make

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them happen too fast it can result in a lot of pain and violence and as christians we don't want

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to see that happen either. Yeah. And this is, man, this might be worth doing a whole episode on,

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but there's, I mean, there's, there's the whole, I mean, going back to the very beginning of the,

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of the Bible. Okay. Just thinking about this as a Christian, if you go right back to the very

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beginning, I mean, what is, you could, you could honestly argue that the, the nature of the first

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sin was trying to take something sooner than it was designed to be given. Like the, you know,

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like the nature of the nature of the sin, like, and there's a lot of theologians who've,

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you know, talked about that. I think we've talked about it on the pod a little bit.

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You know, it's, it's not that God was never, it's not that Adam and Eve were never going to eat this

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fruit. It's not, you know, when, when that God prohibited from them, prohibited them from eating,

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it's just a matter of maturity. Like he wanted to basically, you know, for them to endure temptation

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and then take the fruit and live forever. You know, that's, that's, you know, the tree of

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knowledge of good and evil. God wants, or at least one of those, God wants them. He wants us to live

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forever. That's kind of part of his plan. We know that because we're going to, you know, those of us

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who know Jesus are going to live forever with him. And so after Adam and Eve took the fruit of the

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knowledge of good and evil, then God said, lest they reach out and take the fruit that makes them

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live forever in this state, I'm going to close them out from the garden. And so this is something

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where this is always the temptation is to want to take something and to do whatever is necessary in

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order to get something now rather than waiting and working for it or waiting and trusting.

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So that is true. And I think it is true today. It's even more true in a situation where you do

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have scarce money, which is the vast majority of human history. Where it gets tricky, to your point,

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is the situation that we're in right now, where for the vast majority of people,

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you know it it's it's basically not possible to get a house unless you're willing to go into a

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into debt like significant amounts of debt um like that's now again that's even that's an

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exaggeration you can get like a tax you know houses that have tax liens on them like there

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are ways to go about this uh but it still is you know we've so normalized uh taking on debt to

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to purchase homes and cars and all these kinds of things that, you know, I, I, that I'm very

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sympathetic and, and I, yeah, I think it's, it's not as straightforward as it would be in, in other

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situations. Um, also I would just say in the context of like the old Testament and Israel,

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there wasn't this separation of generations, right? It was your family's property. And so

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So there wasn't an idea of like, oh, I need to move out when I'm 18 and buy my own house.

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It was just, you're going to take over your parents' property.

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And if you were a woman, you were going to go live on another family's property as you got married to one of their sons.

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And so I think what we see with like boomers, we love to sort of hate on boomers.

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We love boomers.

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Boomers are my parents.

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So I love boomers.

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but just this general idea of boomers buying second and third and fourth homes and rental

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properties because, you know, again, they're victims of the same system. They know the

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currency is debasing. They know that rates are ever going down. And so they just have to put

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the dollars into a hard asset. Bitcoin didn't exist. Obviously gold was available, but, you know,

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real estate generates cash flow and people kind of think that way because of warren buffett and so

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they put their money in real estate it bids up the prices of real estate and then they're holding

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all these properties that otherwise should have i don't want to say been transferred to the younger

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generation but would have already just been inside of the family it's it's not about like transferring

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from a boomer to a millennial it's just this is a family unit and it's more than just the nuclear

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family. Yeah. And that, I mean, I mean, even what you just said is so revolutionary for

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compared to how a lot of us are trained to think we, we think like individuals rather than think

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like families and we act like individuals rather than acting like families and, and just not,

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I mean, it really is insane when you think about it. And it's so foreign to how humanity is thought

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for the vast majority of human history. Like you can look at something like Abraham or somebody

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like Abraham, uh, for, I mean, when, when we read, I remember reading, uh, Genesis 15, uh,

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either 12 or 15, where, where Abraham, God calls Abraham to go out by himself, you know,

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leave everything behind, not knowing where he's going. I read that and I'm like, oh, okay. You

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know, like, sure. God calls him out to go not knowing where he's going. But then I have kids.

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I got married and have kids and, you know, moved across the world and was a, you know, was a

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church planter, missionary. And now, and even now, even years beyond that, I read that passage

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and I just think completely differently about it because like so much of your family,

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life was a lot harder in many ways in that situation. And so going off on your own was

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like an incredible risk. You're safer when you have other people around you. You're safer in the

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sense of, you know, many hands making light work. You're, you know, you're, you're able to have more

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people to till the fields, to, you know, ensure that you have food, to work in all these ways.

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You guys diversify labor so that you can have multiple, you know, multiple types of things.

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Versus if you're just roaming around a desert by yourself, like on paper, that is, that's a,

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you know, you could argue that's a foolish thing to do. And you, again, there's a, there's a case

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where, you know, there could be well-meaning people would push back on that and just, or push

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back on you believing that God told you to do that because like, well, God told you to be fruitful

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and multiply. Why would you leave your family behind? And so for them, it was so obvious

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that obviously you'd stay around people. Obviously you wouldn't just leave your family. Obviously

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you think as a family unit and not just an individual. And yet now it's kind of reversed

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where because of, you know,

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because of the amount of money that we have,

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because the dollar,

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especially speaking of Americans

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and, you know, the British before them,

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or before us,

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and other places where you've got a stronger currency,

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the EU and, you know, whatever,

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like we have this level of financial independence

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that does shape our identity.

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It shapes how we think about ourselves.

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And so it's like,

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because we have this currency

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that gives us a certain,

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that affords us a level of independence

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and quote unquote freedom,

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we're just going to not question that and just, and just continue to live like that. And really

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we're, we're, we're just kind of setting ourselves up for failure for the, for the longterm in a

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whole host of ways. Yeah. I think it's an interesting question. I mean, back in ancient

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Israel, most of their, most of their wealth was tied up in their land and their camels and their

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livestock and maybe they had some of it in gold or silver, but it was pretty hard to

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transport because it was dangerous.

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Um, in the modern world, obviously we kind of have, uh, nation states and police forces

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and militaries and things are relatively safe, especially if you're just like traveling inside

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the United States and going across state borders, like you don't really have to worry about

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highway robbery anymore.

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um so there's this temptation especially with something like bitcoin where if you just i mean

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this is like the hodler mindset where you rent and you don't own anything and you just you have

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all of your wealth stored in this perfect money that can't be stolen from you and you can take

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it across borders and you don't have to worry about robbers and uh you become unlanded or

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ungrounded at that point you know it it almost opens up this temptation to be a perverse version

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of the nomad that god was calling abraham to be and there's there's sort of lots of pitfalls to

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living that way i mean i know the digital nomad kind of lifestyle is heralded as like this awesome

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freedom inducing thing but i think what the digital digital nomad kind of uh what's it called

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the nomad capitalist kind of crowd miss is that when you hop around like that,

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you become anonymous and there no accountability anymore And there no deep family ties And like I mean you may have family relationships that you can keep going through technology and things like that but people don really know who you are

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and what you're doing on a day-to-day basis and you can kind of get away with a lot of things that

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you wouldn't otherwise be able to get away with not that you're not that as christians are wanting

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to get away with things we're trying to stay in community we're trying to be held accountable um

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and so there's a tension there bitcoin definitely is a gravity towards some negative aspects of that

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yeah one of the things that comes to mind is that that's saying uh all it takes for evil to succeed

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is for good men to do nothing and and there's a real sense in which yeah you can be tempted

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and again we we love i think there absolutely is a place i mean we got like friend of ours

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katie you know her katie the russian uh like katie helps people get second passports and a

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lot of these people she's helping are Bitcoiners. And I think that makes sense and is wise to give

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yourself optionality because again, like just given circumstances that can, you, you, you'll

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want to give yourself flexibility if you can, if you can get it, especially if you're doing it

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because of who your grandparents are, like, that's just a wise thing to do. Uh, and at the same time,

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like a lot, you know, there, there's a, there's a downside to that too, where it's like, Hey,

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if, if, you know, at the first sign of problems, first sign of trouble, you're like, all right,

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I'm out, you know, then that's, that's one less strong, smart, wise, uh, you know, apparently,

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you know, likely somebody who's well capitalized, uh, that's one less person who's able to help,

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you know, keep the tipping point from being reached by, uh, you know, by some of these bad

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actors. Uh, and so I think that, yeah, I think that the, the temptation is always to run,

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uh, and there, you know, this, you could think about this from center. You could think about

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this from, from evil or whatever. Uh, we, we have examples, you know, we had the pilgrims, they,

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they fled, uh, and they fled, uh, this goes deep in our American, our American, uh, ethos. Like

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they, they fled because they were experiencing, you know, religious persecution. Uh, and so it's

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easy to just, if you have the means to just, you know, think of that first and be ready to,

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you know, be ready just to kind of take off and want to be ready to take off with your money and

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start over somewhere else. There's just a number of problems that number one, again, we're called

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not to be cowards. And so like, if you're, if the only reason you're running is because you're

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afraid, I mean, like, yeah, there's, there's a time to do that, I think, but there's also a time

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to not do that. And there's a time to stay and fight. And a lot of the people fight in, you know,

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can be translated into a variety of senses, but like there's in many cases, this, we see this

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many such cases, the people who need to hear you need to stay are not the ones who want to stay

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and vice versa. The ones who want to run, they actually need to hear, no, you need to,

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you need to not just be selfish and not just be, you know, not just be looking for the easy thing.

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You know, you, that shouldn't be what motivates you is I want ease and I want,

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I don't want to potentially suffer. I don't want to do hard things that should not be what's

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motivating you. And so I think that that's, yeah, I think that this is a big issue that especially

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as things get more and more difficult, monetarily speaking, or economically speaking, and potentially

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in other ways, depending on where you're living, this is something that is going to be a lot more

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live of an issue. Yeah. I mean, just to circle back around to the original post and what Tucker

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was saying, I don't think Bitcoin actually solves this problem. I think that even if we waved a

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magic wand and had a sound money standard based on Bitcoin, there will still be people that have

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capital that are willing to loan it to people that don't at a high interest rate so that they can

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satisfy and gratify their desires right now. Yep. Yep. Yeah, that's a reality. And so that's,

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you know, that's, yeah, this is a moral problem. You know, the fact that we have

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usurious loans and we have 30% interest rates on credit cards and stuff like this,

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it's because we've tolerated it. And like there's, we live in a, we live in a time of like very great,

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you know, we, we pride ourselves about being so tolerant and yet tolerance, like tolerance,

254
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while it can be, it can be a virtue, it can also be a vice because you see in, for example,

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in the book of, I believe it's the book of Revelation. He's, I can't remember what chapter

256
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this is, but he's talking about like, you tolerate, uh, it's either Jezebel or you, you tolerate this

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woman. And, and Jesus is basically, you shouldn't tolerate this person. You're, you're acting like

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this isn't that big of a deal by just letting this person be there and do this. I can't remember

259
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what it is that they're doing, but like you're, you're tolerating her and that's actually shameful

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to you. And so I think that this is one of these things where, I mean, on an economic level, on a,

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on a number of levels. I think the problem is we're such moral midgets. Like we're such moral

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and ethical midgets when it comes to like just understanding like ethics of money production,

263
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when it comes to understanding a whole host of issues, even just historically, historically,

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the Christians, uh, you know, like Christians have, have seen the consequences of these things

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and they follow, you know, the second and third order effects. And, uh, and don't just look at

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the surface and be like, oh, this doesn't seem like a big deal. I think that again, we're,

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you're going to reap what we sow. We're going to reap what we sow. If we just, if we just don't

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take the time and to learn and understand that what God thinks and just the downstream consequences,

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practical consequences of some of these things like high, high interest and, you know, usury

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and a bunch of these other things. Yeah. You're going to get what you, you're going to get what

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you get, what you subsidize. If you just allow it to be there, it's going to continue to grow.

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and then it's going to get worse and worse.

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And then it's going to be to the point where it's too,

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you know, you're not going to know really what to do about it.

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It's going to be a lot harder to do something about it.

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I think it's really easy to point the finger at the banker

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or the lender and say,

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oh, you're the evil one

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because you're charging somebody a high interest rate.

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But there's two sides of that transaction

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and the borrower is also agreeing to pay that interest rate

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because they have a high time preference

283
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to get something that they shouldn't be getting otherwise.

284
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And so I think what's maybe a more interesting conundrum here is do you put laws around that to not allow that transaction to occur even though there's two willing parties?

285
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Yeah.

286
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And again, I think some of this, a lot of this comes down to, it comes down to just the structures of society, right?

287
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It comes out of like what, like there's ethical constraints that are designed.

288
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So like if you had, I mean, you could say the same thing about like any, any ethical constraint.

289
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So listen, uh, contract killing.

290
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Listen, you have two, you have two, uh, equal participants or, you know, eager participants

291
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on either side of this.

292
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This person is willing to take money for a service.

293
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This person is willing to give them money for a service.

294
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It's like, okay, well, yeah, that's true.

295
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But there's, there's more to it than that.

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And so I think like, that's, that's kind of what we, we got to get down to is like, what

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is the actual moral implications and like ethical issues how do we define what we're going to allow

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what we're not going to allow what's good like how do we how do we understand this is this just

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like we're just doing this uh this is this is where i would push back on the caricature of

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christian nationalism that i have in my mind um you know the christian nationalists would say of

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course you should have a law against usury uh and you know as a free market guy i'm like something

302
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doesn't sit right with me on that um but as a christian i'm like shouldn't we just build up

303
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strong family structures and support networks and not have these arbitrary distinctions like you have

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to move out when you're 18 and go earn everything on your own and become a self-made man otherwise

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you aren't worth anything and like put basically we're we're raising whole generations of people

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that are want to be high time preference have no money available get hit by advertising all the

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time that says they need to wear certain things or whatever. And then it's like, what do you,

308
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what do you think they're going to do? So it's like, I don't know. It seems like we should just

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go back to the basics and focus on the moral fabric of society and families and not try to

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just like put a bandaid on top of it. You know, that's like a law from the Christian nationalism.

311
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Yeah. Well, and this is, and this is where this gets tricky, right? Is, is because you're always

312
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going to have people who are going to focus on one side or the other, right? It's like the,

313
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I can't remember which episode this was that we were talking about.

314
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Oh, I think it was on Tuesday.

315
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But it was this girl who's talking about how hard things are economically.

316
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And she's listing out a number of different issues.

317
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There's some that are governmental policy issues.

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So there's some that are just her having to work hard.

319
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Like some of these things.

320
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And the reality is, yes, the reality is that there's things on different levels that need to happen.

321
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and no one's saying that, oh, it's all government stuff

322
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or it's all moral stuff.

323
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We're saying, no, these things are both necessary.

324
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Like you need, it's like, you know,

325
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like you need a mom and a dad.

326
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You can sit here and you can point out and say,

327
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oh, look, you know, we need a mom

328
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because moms do this and this and this.

329
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And it's like, and we need a dad.

330
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And you can, we need dads because dads do this, this, this.

331
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It's like, depending on who you're talking to,

332
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like the different stories play better.

333
00:26:39,754 --> 00:26:41,314
If you're talking to Bitcoiners, it's like, yeah,

334
00:26:41,314 --> 00:26:43,974
that's the money that's the problem and down with the government.

335
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And they'll be like,

336
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yeah,

337
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you know,

338
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or if you're Tucker,

339
00:26:47,034 --> 00:26:48,494
it's like the bankers are evil.

340
00:26:48,494 --> 00:26:50,094
We need to like take the bankers down,

341
00:26:50,214 --> 00:26:50,514
you know?

342
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Yes,

343
00:26:51,154 --> 00:26:51,774
exactly.

344
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And so that's kind of where,

345
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where you get it.

346
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It's like,

347
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honestly,

348
00:26:54,154 --> 00:26:54,654
we can have,

349
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it's just like the other day when we were talking about this,

350
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this girl and her issues,

351
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it's like,

352
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uh,

353
00:27:00,634 --> 00:27:01,514
I can't remember what the,

354
00:27:01,614 --> 00:27:02,794
I think it's multi-partite.

355
00:27:02,994 --> 00:27:03,754
I can't remember where it was.

356
00:27:03,854 --> 00:27:04,834
Like you can have a,

357
00:27:04,854 --> 00:27:08,694
you can have a war that's being fought on three fronts at the same time.

358
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Right.

359
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Like if you're,

360
00:27:10,454 --> 00:27:15,854
if you're on, you can be on like a, if you're, if you're fighting on a part of a piece of land,

361
00:27:15,854 --> 00:27:19,854
that's on the sea, okay. You can have a naval battle in front of you. You can have a land

362
00:27:19,854 --> 00:27:23,834
battle and you can have these other things. And you don't, you don't know you, it wouldn't make

363
00:27:23,834 --> 00:27:27,974
any sense to go, Hey, we need to focus on the land battle, you know? And you'd be like, no,

364
00:27:28,074 --> 00:27:32,014
we, yes, we do. But we also need to fight on these things. And so we don't need to just

365
00:27:32,014 --> 00:27:36,754
minimize the importance of fighting on these other fronts because we particularly are,

366
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individually focused as far as it relates on us as an individual or something. If you're the one

367
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who's sitting on the, or you're in a boat on the ocean and you're fighting, well then yeah,

368
00:27:46,714 --> 00:27:52,214
you should be focused on the ocean side of things. And if there's somebody else who's on the land,

369
00:27:52,274 --> 00:27:55,674
well then yeah, they should be fighting on the land. You shouldn't be frustrated with them for

370
00:27:55,674 --> 00:28:03,474
focusing on the battle that's on the land. And so I think it's just figuring out where am I?

371
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realistically, I only have a certain amount of hours in the day. I have certain skills. I have

372
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certain things, abilities that make me useful in one of these areas. And how can I use my voice

373
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and use my life to talk about these issues in a way that will hopefully move the needle

374
00:28:21,674 --> 00:28:29,034
to a real degree? But again, the reality is we can't make these things happen on our own,

375
00:28:29,034 --> 00:28:41,154
But we should still act in a way that just takes into account that our actions do have consequences and we can raise issues and move the needle.

376
00:28:41,354 --> 00:28:42,614
That's totally possible.

377
00:28:43,794 --> 00:28:45,174
So the reason why—

378
00:28:45,174 --> 00:28:56,994
What we're both saying is we're not advocating an anarchist, Mr. Robot-style take-the-system-down behavior that Tucker is talking about.

379
00:28:56,994 --> 00:29:01,514
but if it did happen at the same time, this is what I, this is what I say is like, listen, I,

380
00:29:01,534 --> 00:29:06,914
I would understand if it did. And if it did, again, this is, this is just one of those things

381
00:29:06,914 --> 00:29:11,134
where these kinds of things happen. Like this is, it's not necessarily the greatest way,

382
00:29:11,334 --> 00:29:16,214
you know, but again, things, bad things happen. Like, this is the reality. Like the people,

383
00:29:16,354 --> 00:29:21,754
you know, barring, barring the whole world coming to Jesus and then like coming to Jesus and basically

384
00:29:21,754 --> 00:29:26,294
being, all right, we're going to do this. The, the, the bankers repent. And then all of the people

385
00:29:26,294 --> 00:29:30,874
repent for taking out loans and you know like all these barring that happening like you're gonna

386
00:29:30,874 --> 00:29:35,794
you're going to get some mixture of the two i'm just saying it doesn't take us to do it we know

387
00:29:35,794 --> 00:29:40,374
the the government's just going to print money and pay back their loans with worthless dollars

388
00:29:40,374 --> 00:29:45,114
which is effectively the same thing as not paying back the loans and so all we have to do is just

389
00:29:45,114 --> 00:29:51,654
sit here and what tucker is saying is going to happen yeah like i mean that's a possibility the

390
00:29:51,654 --> 00:29:55,554
other but then you get something like the french revolution right you get like the french revolution

391
00:29:55,554 --> 00:29:57,934
where the people literally just go take down

392
00:29:57,934 --> 00:29:58,914
and start cutting off heads.

393
00:29:59,074 --> 00:30:00,674
And again, that ends poorly.

394
00:30:01,594 --> 00:30:02,874
But so again, if you're looking historically,

395
00:30:03,114 --> 00:30:04,354
that's, you see that-

396
00:30:04,354 --> 00:30:06,354
It's interesting though, you know, the French government,

397
00:30:06,514 --> 00:30:08,914
the aristocrats didn't have F-35s and nukes.

398
00:30:09,254 --> 00:30:12,394
So it'll be interesting to see how this one plays out.

399
00:30:12,874 --> 00:30:13,294
It's true.

400
00:30:13,634 --> 00:30:15,594
But all of those, yeah, all of those nukes

401
00:30:15,594 --> 00:30:17,554
are piloted by people who, you know,

402
00:30:17,574 --> 00:30:20,074
aren't necessarily aristocrats either though.

403
00:30:20,274 --> 00:30:20,474
So it's-

404
00:30:20,474 --> 00:30:21,394
They've all been vibe coded.

405
00:30:22,374 --> 00:30:22,914
That's true.

406
00:30:22,974 --> 00:30:24,654
You can do it with drones now.

407
00:30:24,914 --> 00:30:25,514
That's right.

408
00:30:25,554 --> 00:30:31,714
The point is, as Christians, I think we should try to push for things that bring about peaceful revolutions.

409
00:30:32,374 --> 00:30:32,654
Yes.

410
00:30:33,334 --> 00:30:34,534
All things being equal.

411
00:30:34,794 --> 00:30:36,334
All things being equal, absolutely.

412
00:30:37,074 --> 00:30:46,274
The reason why we came up with this Tucker tweet, the reason why we found it is because we had, there's a guy, he's the founder of Gab.

413
00:30:46,334 --> 00:30:47,654
His name is Andrew Torba.

414
00:30:47,914 --> 00:30:50,154
He basically tweeted this yesterday.

415
00:30:50,154 --> 00:30:55,314
yesterday today uh can't stop thinking about tucker's idea for millions of people to just

416
00:30:55,314 --> 00:30:59,414
stop paying their usury cards which are he's referring to credit cards as usury cards uh

417
00:30:59,414 --> 00:31:03,454
love that turn of phrase uh what would happen if millions of us did this and then this other guy

418
00:31:03,454 --> 00:31:13,214
uh oh shoot i just did it hold on just went back let's try that so there we go after 2008 i

419
00:31:13,214 --> 00:31:17,154
deliberately chose the default on all my credit cards i was sued civilly and didn't show up so

420
00:31:17,154 --> 00:31:21,114
there were default judgments. For some complicated reasons, I didn't declare bankruptcy. A couple

421
00:31:21,114 --> 00:31:25,394
years later, I defaulted on my house, got out of all of it, including the mortgage, just by being

422
00:31:25,394 --> 00:31:30,394
a 1099 contractor year after year and never answering my phone. My credit score is now 800.

423
00:31:30,594 --> 00:31:36,134
Credit is the sucker's game. Don't be a sucker. And so this is, again, one of these side of things

424
00:31:36,134 --> 00:31:41,614
where it's just like, yeah, I mean, some of you probably have heard the phrase turnabout is fair

425
00:31:41,614 --> 00:31:47,454
play, where it's just basically like, hey, if politically you open up this door, like

426
00:31:47,454 --> 00:31:51,874
if you're going to go after your political opponents for something, you know, for something

427
00:31:51,874 --> 00:31:56,014
that's illegitimate, well, then you shouldn't be surprised that when you lose power and

428
00:31:56,014 --> 00:31:59,794
somebody else gets in there, that when, you know, your enemy uses these same things against

429
00:31:59,794 --> 00:32:00,134
you.

430
00:32:00,474 --> 00:32:03,594
And obviously, I'm not saying that this is some sort of, you know, panacea.

431
00:32:03,654 --> 00:32:08,674
I'm not saying this is a great thing that this happens, but it certainly is understandable.

432
00:32:08,674 --> 00:32:13,354
Uh, and so again, if you have a government where they're literally just stealing from

433
00:32:13,354 --> 00:32:18,694
their, from their citizens by creating money out of thin air and, you know, you have banks

434
00:32:18,694 --> 00:32:23,214
that are giving out credit cards where, you know, they're literally creating the money

435
00:32:23,214 --> 00:32:23,594
out of thin air.

436
00:32:23,694 --> 00:32:25,074
There's no actual production costs.

437
00:32:25,154 --> 00:32:27,354
There's no risk or very little risk on their part.

438
00:32:27,714 --> 00:32:33,354
And, and then they're just taking these fat, uh, interest payments for people who aren't

439
00:32:33,354 --> 00:32:35,214
able to pay because they're poor.

440
00:32:35,214 --> 00:32:40,594
And as a result of decades of these policies happening, it gets worse and worse and worse and harder and harder and harder.

441
00:32:41,114 --> 00:32:55,394
It shouldn't surprise us to see people who do the calculus and decide to go a slightly less sanctified version of the Hebrew midwives on this situation where they're just like, hey, you know, you're going to try to use us.

442
00:32:55,474 --> 00:32:57,034
Well, I'm going to use you, government.

443
00:32:57,174 --> 00:33:00,374
I'm going to use you, banks, before you can use me.

444
00:33:00,374 --> 00:33:02,154
and so yeah

445
00:33:02,154 --> 00:33:03,394
I think this is the kind of

446
00:33:03,394 --> 00:33:04,634
unfortunate situation

447
00:33:04,634 --> 00:33:05,954
that we're going to find ourselves

448
00:33:05,954 --> 00:33:06,834
in more and more

449
00:33:06,834 --> 00:33:09,194
it's going to tempt people

450
00:33:09,194 --> 00:33:10,154
to

451
00:33:10,154 --> 00:33:11,874
yeah

452
00:33:11,874 --> 00:33:12,814
it's going to tempt people

453
00:33:12,814 --> 00:33:14,674
to make decisions like this one

454
00:33:14,674 --> 00:33:16,514
and

455
00:33:16,514 --> 00:33:16,834
I just

456
00:33:16,834 --> 00:33:18,414
I think what's interesting here

457
00:33:18,414 --> 00:33:18,814
is that

458
00:33:18,814 --> 00:33:20,494
the interesting

459
00:33:20,494 --> 00:33:21,994
thing to me

460
00:33:21,994 --> 00:33:22,414
is that

461
00:33:22,414 --> 00:33:23,634
when you have no cash flow

462
00:33:23,634 --> 00:33:24,614
and you have no assets

463
00:33:24,614 --> 00:33:26,294
essentially you're broke as a joke

464
00:33:26,294 --> 00:33:27,554
credit

465
00:33:27,554 --> 00:33:29,274
using credit

466
00:33:29,274 --> 00:33:30,254
is a sucker's game

467
00:33:30,254 --> 00:33:37,394
but when you have a lot of assets and you have a lot of cash flow not using credit is the sucker's

468
00:33:37,394 --> 00:33:44,374
game yeah yes you know like even at seven percent interest mortgage rates which are super high

469
00:33:44,374 --> 00:33:50,774
okay like if you just own your house outright and you can instead just go mortgage it at a seven

470
00:33:50,774 --> 00:33:55,114
interest rate i mean there's two different things going on here right like if you have to buy

471
00:33:55,114 --> 00:34:10,408
the house today at the current value let say it like valued at or something like that Well the person that owns it is probably in it at a much lower cost basis so they don they don actually have to take out as big of a loan they could just

472
00:34:10,408 --> 00:34:14,928
take out a loan for like half of the value of the house yeah that's what the maybe that's what the

473
00:34:14,928 --> 00:34:19,068
value of the house actually should be at seven percent interest rates right yeah and then that

474
00:34:19,068 --> 00:34:23,328
would equal like whatever the the rent payment would normally be for that house and then just

475
00:34:23,328 --> 00:34:26,808
go put all the rest of the money in bitcoin and you're making this right between seven percent and

476
00:34:26,808 --> 00:34:30,328
50%. And if you don't do that, it's like you're lighting money on fire.

477
00:34:30,988 --> 00:34:35,928
Yeah. And again, like that's, it's like, this is, this is what I'm saying is like,

478
00:34:36,848 --> 00:34:44,268
there's a real sense in which it, in a, like in a vacuum, is it good to do that?

479
00:34:45,188 --> 00:34:49,908
Like all things being equal, probably not. But given the situation that you're in,

480
00:34:49,908 --> 00:34:54,668
is that a, is that as prudent thing to do? Is that, is that like a shrewd thing to do?

481
00:34:54,668 --> 00:35:00,708
if the alternative is, you know, like if the alternative is.

482
00:35:01,108 --> 00:35:04,768
Are you saying in a vacuum, like if we were already on a Bitcoin standard, you owned your

483
00:35:04,768 --> 00:35:10,048
house outright, would it be a good thing to do to lever up your house in order to buy Bitcoin?

484
00:35:10,968 --> 00:35:14,868
What, what, yeah, no, what I'm saying is I'm saying, yeah, if we were on a hard money standard,

485
00:35:14,868 --> 00:35:20,748
then yes, to do that would be, it would be a worse situation. Uh, that, that actually I would

486
00:35:20,748 --> 00:35:25,628
be, I would have, I wouldn't, I don't think that that would be, I think that would be a lot more

487
00:35:25,628 --> 00:35:32,788
difficult to defend. Only because Bitcoin's not appreciating anymore? Yes. Or something. Yeah.

488
00:35:32,788 --> 00:35:39,388
Like, yeah, I just think, I think that like, and I guess the kind of the illustration that I would

489
00:35:39,388 --> 00:35:46,748
give of this is there are situations, numerous of them in scripture where the thing that is the

490
00:35:46,748 --> 00:35:53,328
right thing to do under almost all circumstances, you see the people of God do exactly the opposite

491
00:35:53,328 --> 00:36:01,468
thing. And it's when the wicked try to weaponize the consciences and try to weaponize truth

492
00:36:01,468 --> 00:36:06,288
in order for their own benefit and not for the good of people and not for the glory of God.

493
00:36:06,768 --> 00:36:12,688
So you have the Pharisees do this repeatedly with Jesus, is they try to trick him and trap him

494
00:36:12,688 --> 00:36:16,268
by getting him to answer one of two ways.

495
00:36:16,548 --> 00:36:18,708
So Moses tells us to stone this woman.

496
00:36:18,788 --> 00:36:19,468
What do you say?

497
00:36:20,408 --> 00:36:22,508
And so they're thinking,

498
00:36:22,648 --> 00:36:24,188
if Jesus is either gonna answer,

499
00:36:24,708 --> 00:36:26,228
yes, I agree, stone this woman

500
00:36:26,228 --> 00:36:27,488
who you found in adultery,

501
00:36:27,628 --> 00:36:28,488
which the question is,

502
00:36:28,528 --> 00:36:30,048
how did you find her in the middle of adultery

503
00:36:30,048 --> 00:36:31,848
and know to bring her here?

504
00:36:32,028 --> 00:36:33,228
Like, is that just perfect timing

505
00:36:33,228 --> 00:36:34,328
or did you just do this

506
00:36:34,328 --> 00:36:36,948
because you're willing to put a woman to death

507
00:36:36,948 --> 00:36:38,308
in order to put Jesus to death?

508
00:36:38,928 --> 00:36:40,348
Is that really what's going on here?

509
00:36:40,348 --> 00:37:10,028
And so I think that's the bigger issue. And that's kind of where the hesitation comes from my part. Because again, I think that it is so immoral. The systemic wrong, the system is so wrong and immoral at this point that it's like at some point resisting the system might require you or eventually will require you to do something that wouldn't be advisable.

510
00:37:10,028 --> 00:37:14,668
wouldn't be wise, wouldn't be prudent in other situations. Another example would be, I don't know

511
00:37:14,668 --> 00:37:22,628
if you guys remember the few years ago, there's a guy named David Daladin who basically lied about

512
00:37:22,628 --> 00:37:28,448
being somebody who was working for, I believe like an abortion or like some sort of medical

513
00:37:28,448 --> 00:37:38,048
facility that was trying to buy baby body parts from Planned Parenthood. He basically lied and

514
00:37:38,048 --> 00:37:43,868
said, Hey, I'm, I'm, I work for this company. I want to buy baby body parts from you and gets all

515
00:37:43,868 --> 00:37:48,708
these people films them on tape of them saying, Oh yeah, we, we, you know, we, we rip heads off.

516
00:37:48,788 --> 00:37:53,028
We rip out little hearts. We rip off little feet. Oh, you know what we could do? Uh, we could

517
00:37:53,028 --> 00:37:59,348
actually do the abortion in such a way that we leave, uh, we leave the brain tissue intact

518
00:37:59,348 --> 00:38:04,688
because David, this guy lied and said, Hey, you know, if you can give us intact brain matter,

519
00:38:04,688 --> 00:38:07,328
or we'll give you an intact whole head.

520
00:38:07,588 --> 00:38:08,968
Like we can give you more money.

521
00:38:09,068 --> 00:38:09,948
And they're like, oh, done.

522
00:38:10,068 --> 00:38:11,288
Like we can do that super easily.

523
00:38:12,008 --> 00:38:13,868
And so David is lying,

524
00:38:14,368 --> 00:38:17,168
which the scriptures say, don't bear false witness.

525
00:38:17,288 --> 00:38:19,048
Like this is clearly something you shouldn't do.

526
00:38:19,568 --> 00:38:26,008
And yet David is lying to catch absolute barbarous monsters

527
00:38:26,008 --> 00:38:28,668
on tape confessing of what they're doing.

528
00:38:28,948 --> 00:38:31,528
So is that okay for David to lie about that?

529
00:38:31,608 --> 00:38:33,768
And I would say 100% and twice on Sunday.

530
00:38:33,768 --> 00:38:39,348
Like, absolutely. It's right for David to do that. And I would, I would argue that's not even lying

531
00:38:39,348 --> 00:38:45,388
because you're like a lie implicit in the lies that you're using this information to dishonor

532
00:38:45,388 --> 00:38:51,468
God into, to harm your fellow, you know, somebody else made in the image of God. That's not what

533
00:38:51,468 --> 00:38:57,608
David is doing. So I don't think that's actually a lie, you know, in anyhow. But again, my point is

534
00:38:57,608 --> 00:39:02,688
when you get into situations where the wicked are doing wicked things, and especially where you get

535
00:39:02,688 --> 00:39:07,788
a situation where there's institutionalized wickedness, where what's wicked is actually

536
00:39:07,788 --> 00:39:14,128
being praised and defended and called good, well, then the righteous actually ought to be willing

537
00:39:14,128 --> 00:39:23,748
to. It's actually your willingness to do something that is looked on as wrong is actually,

538
00:39:24,048 --> 00:39:29,368
at some points, evidence that you actually fear God rather than just fearing these wicked people.

539
00:39:29,368 --> 00:39:34,628
and and so that's kind of what that's why i'm hesitant when i when i think about this specific

540
00:39:34,628 --> 00:39:40,348
issue is because like i really do think there there there will come a point at which and i

541
00:39:40,348 --> 00:39:44,868
don't know what that point is this is where i get you know where i do think there's a point where

542
00:39:44,868 --> 00:39:50,748
you're like your conscience there there's there there is room for people to follow their

543
00:39:50,748 --> 00:39:56,228
consciences in doing something not to just not just for your own personal benefit like this guy

544
00:39:56,228 --> 00:40:01,288
seems to be doing. But as like a conscience born kind of thing of what Tucker and what Andrew were

545
00:40:01,288 --> 00:40:06,708
talking about, we're like conscience bound for the sake, for the big picture sake of what's going on.

546
00:40:07,388 --> 00:40:12,408
I can, I have no problem with, with people being willing to do this and being willing to take the

547
00:40:12,408 --> 00:40:16,708
consequences. Like that's the other side of this, because if you're not paying your taxes or if you

548
00:40:16,708 --> 00:40:21,808
do something like this, there's no good chance they can throw you in jail. You know? So it's not.

549
00:40:21,808 --> 00:40:23,388
Maybe I'd articulate it

550
00:40:23,388 --> 00:40:24,808
with a little bit of a different example

551
00:40:24,808 --> 00:40:27,748
going back to like taking a loan

552
00:40:27,748 --> 00:40:29,248
on a house that you own outright.

553
00:40:29,508 --> 00:40:30,488
If you have one person,

554
00:40:31,008 --> 00:40:31,908
let's say you've got two people,

555
00:40:31,988 --> 00:40:33,448
they both own the same house outright.

556
00:40:33,988 --> 00:40:35,308
One of them takes out a loan

557
00:40:35,308 --> 00:40:36,688
against it to buy Bitcoin

558
00:40:36,688 --> 00:40:38,748
because they want to get rich quick.

559
00:40:39,008 --> 00:40:40,168
And the other one takes out a loan

560
00:40:40,168 --> 00:40:41,228
against it to buy Bitcoin

561
00:40:41,228 --> 00:40:42,888
because they want to bring about

562
00:40:42,888 --> 00:40:43,828
the peaceful revolution.

563
00:40:44,348 --> 00:40:44,668
Correct.

564
00:40:45,268 --> 00:40:46,568
They both have the cash flow

565
00:40:46,568 --> 00:40:47,408
to service the loan,

566
00:40:47,528 --> 00:40:48,708
so they're not doing anything crazy.

567
00:40:49,288 --> 00:40:49,568
Yes.

568
00:40:50,528 --> 00:40:51,748
You know, I'd argue that

569
00:40:51,808 --> 00:40:54,068
even though they're doing the same exact thing,

570
00:40:54,168 --> 00:40:55,928
it's the intention of their heart that's different

571
00:40:55,928 --> 00:40:57,708
and one of them's sending and the other one isn't.

572
00:40:58,048 --> 00:40:58,408
Correct.

573
00:40:58,888 --> 00:40:59,288
Correct.

574
00:40:59,428 --> 00:41:00,288
I 100% agree.

575
00:41:00,668 --> 00:41:01,528
Like why you're,

576
00:41:01,648 --> 00:41:04,608
so your motivation isn't the only thing that matters.

577
00:41:05,208 --> 00:41:07,008
Like the actual outcome,

578
00:41:07,128 --> 00:41:08,148
like it actually does matter,

579
00:41:08,528 --> 00:41:09,268
but it's not,

580
00:41:09,608 --> 00:41:10,468
it's not that it,

581
00:41:11,008 --> 00:41:11,368
like it,

582
00:41:11,648 --> 00:41:12,108
yeah,

583
00:41:12,288 --> 00:41:13,028
your motivation,

584
00:41:13,188 --> 00:41:14,068
it does matter,

585
00:41:14,148 --> 00:41:15,268
but it's not the only factor.

586
00:41:15,428 --> 00:41:17,028
And the end result is not,

587
00:41:17,168 --> 00:41:17,968
it does matter,

588
00:41:18,048 --> 00:41:19,088
but it's not the only factor.

589
00:41:19,708 --> 00:41:20,508
And so that's where,

590
00:41:20,588 --> 00:41:20,768
again,

591
00:41:20,888 --> 00:41:21,548
we want,

592
00:41:21,548 --> 00:41:32,408
We want to be thoughtful because, again, you see this all throughout the scriptures, the wicked weaponize, weaponize truth or weaponize even like the written word.

593
00:41:32,588 --> 00:41:40,628
Like they weaponize, like in the case of the Pharisees, they weaponize something that God said in order to serve their own agendas and their own interests.

594
00:41:40,628 --> 00:41:45,268
and we see repeatedly examples of God's people

595
00:41:45,268 --> 00:41:47,228
not being willing to do that,

596
00:41:47,348 --> 00:41:48,868
not bowing the knee to these,

597
00:41:49,408 --> 00:41:51,028
not agreeing with these guys

598
00:41:51,028 --> 00:41:52,368
that the world can just work this way

599
00:41:52,368 --> 00:41:55,648
and that God is pleased based on a rigid interpretation

600
00:41:55,648 --> 00:42:00,468
or like a rigid wording of these things.

601
00:42:00,528 --> 00:42:02,548
That's just not how God actually works.

602
00:42:03,368 --> 00:42:04,568
And so I think that we need to be,

603
00:42:04,648 --> 00:42:06,568
again, it's certainly a dangerous area

604
00:42:06,568 --> 00:42:10,588
because then it can get you to the point

605
00:42:10,588 --> 00:42:12,148
where you think you're justified

606
00:42:12,148 --> 00:42:15,788
in doing something like murdering abortion clinics

607
00:42:15,788 --> 00:42:16,608
or whatever.

608
00:42:16,828 --> 00:42:20,888
There are things where it's not something

609
00:42:20,888 --> 00:42:22,028
to be entered into lightly.

610
00:42:22,228 --> 00:42:22,928
It's not something to be,

611
00:42:23,508 --> 00:42:25,128
and this would be another thing is,

612
00:42:25,928 --> 00:42:27,808
if you're trying to think through some of these things,

613
00:42:27,968 --> 00:42:30,168
I would involve other people,

614
00:42:30,288 --> 00:42:31,528
other wise people in your life

615
00:42:31,528 --> 00:42:32,368
because that's another way.

616
00:42:32,628 --> 00:42:34,688
Again, in an abundance of counselors, there's safety.

617
00:42:35,748 --> 00:42:38,668
If you're out there just vibe living

618
00:42:38,668 --> 00:42:46,727
and vibe resisting and just try to do this on your own. Again, I just think it's a dangerous

619
00:42:46,727 --> 00:42:54,848
path. There are resources, right? The great thing about being a Christian with 2,000 years

620
00:42:54,848 --> 00:43:00,248
of hindsight is we can look and see Christians who've been in worse situations than we'll ever

621
00:43:00,248 --> 00:43:05,348
be in and how they responded in different situations. And there's people on both sides

622
00:43:05,348 --> 00:43:11,168
of these issues. There's people who resisted and lied and God, you know, blessed them. And then

623
00:43:11,168 --> 00:43:17,248
there's other people who, you know, who, you know, suffered and God honored them and, you know,

624
00:43:17,248 --> 00:43:23,428
different things happened. So again, this is not designed to give a clear thing one way or the

625
00:43:23,428 --> 00:43:29,168
other, because that's not how wisdom works. Wisdom needs more information. It needs context

626
00:43:29,168 --> 00:43:35,108
and it needs to be applied skillfully. So just something to think about there.

627
00:43:35,348 --> 00:43:38,548
Um, let's keep moving on here, Jim.

628
00:43:38,628 --> 00:43:39,408
This is another one.

629
00:43:39,508 --> 00:43:41,528
I'll, uh, let's see.

630
00:43:41,528 --> 00:43:42,688
That's just the first one.

631
00:43:43,468 --> 00:43:44,288
The first two.

632
00:43:44,388 --> 00:43:45,288
We did the first two.

633
00:43:45,428 --> 00:43:45,668
It's okay.

634
00:43:46,068 --> 00:43:50,068
Yeah, we, we won't, we don't, this won't be going out for a ton longer, but, um, so

635
00:43:50,068 --> 00:43:55,388
Darth, Darth Powell, Vlad the inflator, uh, love, love the handle, love the name here.

636
00:43:55,668 --> 00:43:55,968
Okay.

637
00:43:55,968 --> 00:43:59,128
So he shared this and this made us all rejoice going forward.

638
00:43:59,128 --> 00:44:05,308
We'll have more homes coming to market due to boomer deaths than households being formed

639
00:44:05,308 --> 00:44:11,408
to buy them. Yes, that is without new construction. Okay. So new household formations from 2025 to

640
00:44:11,408 --> 00:44:20,468
2030, 4.3 million average per year, 860,000. When you get up to homes from deaths, you're talking

641
00:44:20,468 --> 00:44:29,268
7.5 to 8 million per month, right? Is that what I'm saying? Annual average. Yeah. Yeah. So total

642
00:44:29,268 --> 00:44:35,128
annual average, 1.5 to 1.6 million per year. And then new homes built, you're talking 6 to 8

643
00:44:35,128 --> 00:44:41,388
million so you're going to equal homes from deaths and new homes built that is bonkers uh

644
00:44:41,388 --> 00:44:49,428
absolutely insane jim what are your thoughts uh well first of all this account is a little bit

645
00:44:49,428 --> 00:44:57,948
spicy he likes to use a lot of foul language so i wouldn't say we're uh 100 endorsing following

646
00:44:57,948 --> 00:45:05,248
him but oh i didn't even know that but yeah he does post him for interesting data he clearly has

647
00:45:05,248 --> 00:45:11,668
a bent he wants to prove that real estate's going to become demonetized which i generally agree with

648
00:45:11,668 --> 00:45:18,208
i'm not sure if he's like into bitcoin i haven't seen him post about bitcoin necessarily um but

649
00:45:18,208 --> 00:45:26,088
his big shtick is always just that there is no housing shortage in fact there's a glut of housing

650
00:45:26,088 --> 00:45:32,088
and the only reason we feel like there's a housing shortage is because people have

651
00:45:32,088 --> 00:45:36,628
applied a monetary premium to real estate because they're trying to escape inflation

652
00:45:36,628 --> 00:45:46,028
so i think that this is really just another side of the same coin that as bitcoiners we already know

653
00:45:46,028 --> 00:45:53,328
in the long run we know that real estate's going to become demonetized and mega trends like boomers

654
00:45:53,328 --> 00:45:58,388
dying off are only going to accelerate that. And so at least that's my opinion. I mean,

655
00:45:58,488 --> 00:46:04,748
obviously who knows what's going to happen in the future, but, um, you know, I think what's

656
00:46:04,748 --> 00:46:10,348
the difficult thing is that, uh, that hasn't happened yet and we're living life right now

657
00:46:10,348 --> 00:46:19,268
and we need to have houses. And so the question is, what's the prudent thing to do? Like,

658
00:46:19,268 --> 00:46:23,948
is the prudent thing to continue renting and being a renter or is the prudent thing to put down roots

659
00:46:23,948 --> 00:46:28,908
and buy a house and don't worry about what's going to happen in the future and yeah you know what if

660
00:46:28,908 --> 00:46:33,348
you buy a house now and it's worth half what it was when you bought it 10 years from now it's like

661
00:46:33,348 --> 00:46:41,008
well what can you do like what like what are we trying to the longer arc of history here like what

662
00:46:41,008 --> 00:46:45,808
are we trying to encourage people with are we trying to encourage people to just sell everything

663
00:46:45,808 --> 00:46:47,688
including their chairs and buy Bitcoin only?

664
00:46:48,028 --> 00:46:51,428
Or are we encouraging people to be good family men

665
00:46:51,428 --> 00:46:53,948
and provide housing for their wife and children

666
00:46:53,948 --> 00:46:55,888
that they feel like they can take ownership of

667
00:46:55,888 --> 00:46:58,628
and plant gardens and vineyards and do cool things with?

668
00:46:59,608 --> 00:47:02,028
Yeah, and again, I think all of these things,

669
00:47:02,248 --> 00:47:04,748
whatever you're doing, it should be a means to an end.

670
00:47:05,048 --> 00:47:05,948
And so that's what I think.

671
00:47:06,188 --> 00:47:07,188
Hold on, give me one second here.

672
00:47:07,268 --> 00:47:09,468
My phone is about to die and I'm trying to plug this in.

673
00:47:10,068 --> 00:47:12,928
But yeah, I think that's how I just think about these things

674
00:47:12,928 --> 00:47:14,408
is like it's a means to an end.

675
00:47:14,408 --> 00:47:18,227
So buying Bitcoin, I don't buy Bitcoin for Bitcoin's sake.

676
00:47:18,388 --> 00:47:23,508
I don't just buy Bitcoin to accumulate tons of it and just be able to be super wealthy.

677
00:47:24,848 --> 00:47:26,128
That's not the goal.

678
00:47:26,828 --> 00:47:27,568
Oh, come on.

679
00:47:28,668 --> 00:47:34,608
The goal is to be able to do things that actually have to do with life.

680
00:47:35,028 --> 00:47:36,168
I want to have a home.

681
00:47:36,727 --> 00:47:38,128
I want to be able to...

682
00:47:38,808 --> 00:47:40,108
Can you still see me, Jim?

683
00:47:41,128 --> 00:47:41,348
Yeah.

684
00:47:41,348 --> 00:47:43,428
I want to have a home.

685
00:47:43,508 --> 00:47:44,348
I want to live in a home.

686
00:47:44,408 --> 00:47:50,727
uh i want to do these things and again being willing to be patient and wait i think there's

687
00:47:50,727 --> 00:47:54,808
wisdom and there's just wisdom in that that's that's one of the hardest things to do is to

688
00:47:54,808 --> 00:48:00,288
is to be patient and wait um you know it's interesting when you talk about this idea of like

689
00:48:00,288 --> 00:48:07,628
buying bitcoin to not do anything with it yeah people are doing the same thing with real estate

690
00:48:07,628 --> 00:48:12,968
right now they're just buying it to not i mean they'll rent it out or something maybe but like

691
00:48:12,968 --> 00:48:17,068
They're really just buying it for the appreciation, aka the inflation hedge.

692
00:48:17,368 --> 00:48:18,868
And so, I don't know.

693
00:48:18,988 --> 00:48:25,068
To me, there feels like something qualitatively different between monetizing real estate versus monetizing Bitcoin.

694
00:48:25,068 --> 00:48:29,608
Because at least when you monetize Bitcoin, you're not denying a roof over somebody's head.

695
00:48:29,888 --> 00:48:30,128
Correct.

696
00:48:30,788 --> 00:48:35,227
Again, that's why I legitimately thank God for Bitcoin.

697
00:48:35,908 --> 00:48:41,788
Because, again, if you take Bitcoin out of the equation, this problem just gets exacerbated.

698
00:48:41,788 --> 00:48:55,028
It just gets exacerbated where it gets higher and higher. And the other outlet would be something like gold. And I think that's what you have seen happen in past empires and past points is that you do get a remodetization of gold.

699
00:48:55,968 --> 00:48:57,908
And so, again, it's not that it's not possible.

700
00:48:58,088 --> 00:48:59,468
It's not that it couldn't happen.

701
00:49:00,168 --> 00:49:02,868
But, again, there's still, there's downsides to gold.

702
00:49:03,168 --> 00:49:14,808
There's, you know, yeah, I just think it's easier for governments to interact with gold

703
00:49:14,808 --> 00:49:19,928
and accumulate large amounts of gold and lock them off from people

704
00:49:19,928 --> 00:49:22,408
just because of the nature and the physicality of gold.

705
00:49:22,408 --> 00:49:44,528
The amazing thing about Bitcoin is because it's not physical and because it's not tangible, it actually, and because you can interact with it on something like a phone or a piece of technology like that, like there's, you just give every normal person the ability to have, you know, these scarce bearer assets in a way that you can't tell that they have them.

706
00:49:44,528 --> 00:49:56,668
And so I'm just super grateful. It just seems such like such a timely, like a timely thing for something like Bitcoin that operates under the constraints that Bitcoin does.

707
00:49:57,088 --> 00:50:09,888
And that has, you know, that affords people freedoms that Bitcoin does to be to come around and be coming into its own right as, you know, this this real estate thing is winding down and, you know, fiat currencies are breaking down.

708
00:50:09,888 --> 00:50:14,688
Like it is, I just, yeah, it's just pretty providential, incredible timing.

709
00:50:15,868 --> 00:50:23,848
I think of the clip from Pirates of the Caribbean where the boat is like sinking right as it comes up to the dock.

710
00:50:23,928 --> 00:50:28,628
And like Johnny Depp just kind of steps off the sinking boat right onto the dock.

711
00:50:28,688 --> 00:50:29,348
And he's just good to go.

712
00:50:29,528 --> 00:50:34,848
Like that's, I think for a lot of us, you know, who are Bitcoiners, that's kind of how we see this.

713
00:50:34,908 --> 00:50:37,308
We're like, hey, man, thank God for Bitcoin.

714
00:50:37,308 --> 00:51:00,248
We have this thing right here when we need it most. People who don't have homes, like in a situation, I'm a millennial who can't buy a home at this point, just given different constraints. But I can buy Bitcoin and have been buying Bitcoin. And all things, if nothing else changes in my life, then Bitcoin will be the reason why I'm able to get a home.

715
00:51:00,248 --> 00:51:12,262
And so I just think yeah the other thing the other side of this that we didn even talk about in terms of the homes is I mean this is like an argument for good fiscal financial planning

716
00:51:12,722 --> 00:51:23,762
Because like a lot of these homes, like if you don't set up your affairs right, you know, these homes, they'll either, you know, give your kids, you know, if it's a boomer dying, give their kids like a giant tax bill.

717
00:51:24,081 --> 00:51:28,382
Or if they're doing it, if they set it up really horribly, then like these houses can go straight to the bank.

718
00:51:28,382 --> 00:51:32,682
you can get hit with, you know, a number of, there can be just a number of negative consequences of

719
00:51:32,682 --> 00:51:38,501
these things. And so, um, I think positioning yourself, I think it would be wise, uh, you know,

720
00:51:38,501 --> 00:51:43,842
if you don't have the, if you're kind of on the fence, um, I would be praying and looking for,

721
00:51:44,021 --> 00:51:47,282
you know, looking for a deal. Cause there's always deals to be found. That's, that's another reality

722
00:51:47,282 --> 00:51:52,581
that, uh, when we're talking to Matt Purvis from, uh, one of the Island boys, he just, he just keeps

723
00:51:52,581 --> 00:51:57,282
getting presented with all these incredible deals just because of different circumstances in people's

724
00:51:57,282 --> 00:52:01,902
lives. And so those will always exist. And so just keeping your eyes peeled for things like that

725
00:52:01,902 --> 00:52:06,722
is smart. But then even if you're not in a situation where you can find one of those,

726
00:52:06,762 --> 00:52:12,202
or if you're still on the fence, I think this is encouraging on some degree. I think it should be

727
00:52:12,202 --> 00:52:18,501
the fact that there's new surplus of inventory coming on the market, especially at a time

728
00:52:18,501 --> 00:52:24,602
when BlackRock and a lot of these other guys who have been helping prop up and exacerbate the

729
00:52:24,602 --> 00:52:31,682
the real estate bubble are finding a new thing for them to buy, which is Bitcoin.

730
00:52:32,442 --> 00:52:38,262
And so I think that's another Bitcoin, not just for our own benefit, or not just for us being able

731
00:52:38,262 --> 00:52:42,142
to benefit directly from it, but also from somebody like BlackRock, which is helping to

732
00:52:42,142 --> 00:52:47,962
bring down and demonetize real estate even faster. I think that's another reason why I'm

733
00:52:47,962 --> 00:52:53,462
grateful for Bitcoin. I agree, but I also just push back on the whole framing of this in general.

734
00:52:53,462 --> 00:53:04,362
Like, again, this pits the generations against each other and it's all individualistic and it's about, you know, boomers and millennials and how this is going from one generation to the next.

735
00:53:04,442 --> 00:53:08,702
And it's like, these should just, all these, all this property should just be within the family.

736
00:53:08,862 --> 00:53:09,242
Yeah.

737
00:53:09,282 --> 00:53:13,962
And I don't even know if I agree that it should be viewed as like a inheritance.

738
00:53:14,442 --> 00:53:21,442
I mean, it is an inheritance at some level, but when you think about like the property just staying in the family for multiple generations.

739
00:53:21,942 --> 00:53:22,122
Yeah.

740
00:53:22,122 --> 00:53:26,882
it's, I think the way people think about inheritance these days is it's all about me

741
00:53:26,882 --> 00:53:30,642
and like what I'm getting, you know, from my parents or something and how I'm going to spend

742
00:53:30,642 --> 00:53:35,902
it on a lavish lifestyle for myself. And it's like, no, like this is my family's property.

743
00:53:36,541 --> 00:53:41,122
I'm currently using it for a period of time. And then at which point when I die,

744
00:53:41,162 --> 00:53:46,742
it'll get passed on and then so on and so forth. Yeah. Yeah. And again, that's,

745
00:53:46,842 --> 00:53:50,521
you're absolutely right. Like you're absolutely right. And yet there are,

746
00:53:50,521 --> 00:54:06,202
I mean, like there's tons of people who, again, this is the shameful thing and the hard thing is like there's people who just have awful family situations and who just don't have families who, they don't have in some ways like the luxury of, you know.

747
00:54:06,521 --> 00:54:08,382
I'm just like describing the ideal.

748
00:54:08,682 --> 00:54:12,302
I don't think there's necessarily a way to like instantaneously get back to it.

749
00:54:12,462 --> 00:54:16,442
It's going to take like multiple generations to like heal and get back to that.

750
00:54:16,822 --> 00:54:17,702
Yes, exactly.

751
00:54:17,702 --> 00:54:22,362
I think that exactly. I think what you're describing is, hey, if you're stuck in this

752
00:54:22,362 --> 00:54:27,342
situation and you find yourself with a horrible, horrible family situation, you're young, like you

753
00:54:27,342 --> 00:54:32,362
can appreciate, hey, look at the downstream consequence of this. Like you can be the catalyst

754
00:54:32,362 --> 00:54:36,182
for change for your family, because maybe where your family didn't think about these things,

755
00:54:36,282 --> 00:54:39,862
your parents, your grandparents or whatever, like maybe at least probably it's probably not your

756
00:54:39,862 --> 00:54:43,041
grandparents because they probably were thinking about these things. But if your parents weren't

757
00:54:43,041 --> 00:54:47,602
thinking about these things, hey, now you can see the consequences and you can try to position

758
00:54:47,602 --> 00:54:53,182
yourself and your family and whatever to be able to, you know, change that story, you know, for

759
00:54:53,182 --> 00:54:57,662
your own kids. And, and you're going to break the cycle, you know, you're going to be the original,

760
00:54:58,102 --> 00:55:01,602
you're going to be the new patriarch and it's going to start from you. You know, you're going

761
00:55:01,602 --> 00:55:07,882
to set the, you're going to set the tone for 10 generations. Yeah. And again, it's, it's easy for,

762
00:55:08,021 --> 00:55:12,922
for us to think about that, you know, in terms of Bitcoin, but that's also true in a hundred other

763
00:55:12,922 --> 00:55:17,982
things. There's also true, I mean, just in terms of a hundred other ways that, and decisions that

764
00:55:17,982 --> 00:55:24,782
families have to make, you know, like you can be, you can change the trajectory of your family

765
00:55:24,782 --> 00:55:30,442
lineage by choosing to do different things than, you know, you did when you were younger,

766
00:55:30,682 --> 00:55:35,262
the past generations of your families have. All right. Do we have time for one more or we need

767
00:55:35,262 --> 00:55:40,262
to lay on this thing? Let me see here. I think we got time for one more. I mean, here we go. Let's

768
00:55:40,262 --> 00:55:45,802
this is i guess to that end i mean we could talk about we just don't have a lot of information yet

769
00:55:45,802 --> 00:55:50,242
white house confirming president trump wants to eliminate capital gains for de minimis

770
00:55:50,242 --> 00:55:54,622
transaction transactions like six hundred dollars and under we just have a lot of questions still

771
00:55:54,622 --> 00:55:58,481
about does that mean six hundred dollars over the course of a year is that six hundred dollar

772
00:55:58,481 --> 00:56:05,242
transactions um i feel like this is one of those things that it plays well in a soundbite but

773
00:56:05,242 --> 00:56:08,842
the reality is that people are already doing this.

774
00:56:09,442 --> 00:56:12,322
You know, like people are already zapping sats to each other,

775
00:56:12,402 --> 00:56:14,702
not reporting, and the IRS isn't following up on it

776
00:56:14,702 --> 00:56:15,682
because they don't have the manpower.

777
00:56:15,822 --> 00:56:18,202
So it's just kind of like they're just making it official

778
00:56:18,202 --> 00:56:19,061
what's already happening.

779
00:56:19,742 --> 00:56:19,862
Yeah.

780
00:56:20,041 --> 00:56:22,561
And even if they have the manpower, like which they don't,

781
00:56:22,642 --> 00:56:24,081
it's like, what's the benefit?

782
00:56:24,182 --> 00:56:27,282
You're talking, oh, I'm going to go chase down a 10 cent transaction.

783
00:56:28,102 --> 00:56:29,282
It just doesn't make sense.

784
00:56:29,322 --> 00:56:30,342
It's just not worth it to do.

785
00:56:30,342 --> 00:56:32,581
But again, yeah, it looks cool.

786
00:56:32,581 --> 00:56:37,561
So again, for something like, I mean, a $600 transaction, that's like a decent sized transaction.

787
00:56:37,862 --> 00:56:39,302
I think it's a step in the right direction.

788
00:56:39,481 --> 00:56:46,602
Obviously, if it was the counter argument, like the government was coming out and saying, no, we're going to go after small transactions.

789
00:56:46,602 --> 00:56:50,902
We're coming after you and we're going to use AI to do it because we don't have the manpower to do it.

790
00:56:50,942 --> 00:56:59,322
It's like, OK, that I mean, that's like the alternate universe we'd be living in if Kamala got elected and like Elizabeth Warren and her goons were hunting us down with AI.

791
00:56:59,842 --> 00:57:00,782
Yeah, yeah, correct.

792
00:57:00,782 --> 00:57:06,882
um what what was the other what's the other thing where it's like something where like the tax limit

793
00:57:06,882 --> 00:57:11,882
was set at a certain number but it it never got adjusted for inflation and so it's the same super

794
00:57:11,882 --> 00:57:15,962
tiny number and it should be way higher i can't think of what this is probably the capital gains

795
00:57:15,962 --> 00:57:23,001
tax yes yeah it's like 10 what's the what's the number on that i think it's like 400

796
00:57:23,001 --> 00:57:29,262
something thousand there's also a number on real estate sales how much uh if you sell your primary

797
00:57:29,262 --> 00:57:34,362
residents, how much of it you can take up tax-free on that. Yeah. Yeah. There's something like,

798
00:57:34,662 --> 00:57:38,842
I mean, again, something like that would actually be far more effective. Or if you just inflation

799
00:57:38,842 --> 00:57:44,362
adjusted some of these really old laws, and I mean, that would be a lot more meaningful. That's

800
00:57:44,362 --> 00:57:50,442
probably why they won't do it. But it would have humongous effects and be a blessing to a lot of

801
00:57:50,442 --> 00:57:57,442
people. But we'll finish with this one. This is another, this is on the family front, something

802
00:57:57,442 --> 00:58:01,142
to take with you if you have kids or if you don't have kids and you're, you know, you're,

803
00:58:01,182 --> 00:58:08,862
you're coming up to maybe have kids. Uh, this guy is, uh, the warrior poet society is this guy's

804
00:58:08,862 --> 00:58:12,561
name. Uh, he has like a YouTube channel and a whole bunch of other stuff. He's a Christian guy

805
00:58:12,561 --> 00:58:19,422
used to be in the, in the army, I think. Uh, but he, he had this video, this guy, Antonio shared it.

806
00:58:19,981 --> 00:58:25,822
Uh, and it's a real, don't be surprised when you send your kids off to Caesar and they come back as

807
00:58:25,822 --> 00:58:35,342
romans that's it that's it man you're wondering why everyone's gone woke and is has no idea

808
00:58:35,342 --> 00:58:40,742
what bathroom to use anymore just if like what happened to our kids i'm like well you gave them

809
00:58:40,742 --> 00:58:46,021
the government for for their entire childhood you saw them at dinner and you attended their

810
00:58:46,021 --> 00:58:52,962
sporting events but the government raised your kids and social media helped and video games or

811
00:58:52,962 --> 00:59:02,182
whatever but you saw them every day but you didn't raise them you didn't log enough hours each day

812
00:59:02,182 --> 00:59:11,142
to counteract all the poison and time wasting and ideological propagandistic crap that they were

813
00:59:11,142 --> 00:59:19,142
getting fed year after year after year and so millennial generation and now gen z has gone woke

814
00:59:19,142 --> 00:59:23,802
and we feel like, oh, what happened to my daughter?

815
00:59:23,902 --> 00:59:25,422
We raised them better than that.

816
00:59:25,541 --> 00:59:28,322
No, I mean this in love,

817
00:59:28,682 --> 00:59:30,622
but you didn't raise them at all.

818
00:59:31,762 --> 00:59:32,962
That hurts to say,

819
00:59:33,041 --> 00:59:34,462
because I know it hurts people to hear.

820
00:59:34,462 --> 00:59:38,021
And we trusted that they were being taught

821
00:59:38,021 --> 00:59:41,722
good information that wasn't undermining our values.

822
00:59:42,041 --> 00:59:44,442
But there's been a psyop in play for decades,

823
00:59:44,481 --> 00:59:46,122
which is undermining our values

824
00:59:46,122 --> 00:59:49,322
in waging war against the family unit.

825
00:59:50,142 --> 00:59:51,342
Don't be surprised.

826
00:59:51,782 --> 00:59:55,622
And so, yeah, again, this can sound extreme or whatever,

827
00:59:55,962 --> 00:59:58,501
but I just honestly think this is the case.

828
00:59:58,742 --> 01:00:00,762
Like, we just, on so many levels,

829
01:00:01,922 --> 01:00:03,782
I mean, we're just trusting that this,

830
01:00:03,902 --> 01:00:06,622
I mean, I know, yeah, we can speak from personal experience.

831
01:00:07,001 --> 01:00:08,682
Like, I grew up going to public school

832
01:00:08,682 --> 01:00:11,382
and, you know, that's because there's a number of reasons.

833
01:00:11,382 --> 01:00:13,422
Like, economically, it would have been very difficult

834
01:00:13,422 --> 01:00:14,481
to go to a private school.

835
01:00:14,481 --> 01:00:19,102
uh, you know, public school, both, you know, both my parents went to public school and, and like

836
01:00:19,102 --> 01:00:23,382
a lot of us had parents who their experience of public school was one thing. And they're expecting

837
01:00:23,382 --> 01:00:29,402
that the experience that we're going to have is something similar. And yet even I like early days

838
01:00:29,402 --> 01:00:34,922
of the internet, you know, graduated, you know, in the early aughts, that kind of stuff. Uh,

839
01:00:35,822 --> 01:00:40,342
just, I mean, I, my mother would be, she's not going to watch this, but my mother would be

840
01:00:40,342 --> 01:00:45,722
absolutely mortified. I could share her 50 things that happened in my four years of high school

841
01:00:45,722 --> 01:00:51,422
alone that my mother probably would have pulled me out of the school if she had known them

842
01:00:51,422 --> 01:01:00,602
happening. And that's just the reality. It is the grace of God. It is the grace of God that my life

843
01:01:00,602 --> 01:01:08,162
looks only as horrible as it actually does rather than far worse. Just given the reality of what the

844
01:01:08,162 --> 01:01:15,222
diet was on a pretty regular basis for all of my formative years in high school and middle and high

845
01:01:15,222 --> 01:01:18,842
school. And so I think that just, you know, thinking, thinking carefully and thinking

846
01:01:18,842 --> 01:01:24,202
realistically, taking an assessment of the, you know, of the time of where you're, who you're

847
01:01:24,202 --> 01:01:30,862
entrusting your children's minds to and how much time you actually are having and actually forming

848
01:01:30,862 --> 01:01:36,001
and having good conversations with them is something that we could all use more of.

849
01:01:36,001 --> 01:01:42,521
this is a really tricky one right yeah yep because a lot of people are in a lot of different

850
01:01:42,521 --> 01:01:49,041
situations yes 100 again we're we're talking about like the ideal scenario uh tim has some

851
01:01:49,041 --> 01:01:54,521
family in from california and they were just saying that having three kids is like the ultimate flex

852
01:01:54,521 --> 01:02:01,102
because nobody has money to have three kids in california yeah um yeah and so like the ultimate

853
01:02:01,102 --> 01:02:03,902
it flex on top of that is homeschooling your kids.

854
01:02:03,902 --> 01:02:04,182
Yes.

855
01:02:04,322 --> 01:02:04,762
A hundred percent.

856
01:02:04,942 --> 01:02:08,862
Because you're like, oh, I've got so much time and money that I can just, you know,

857
01:02:08,922 --> 01:02:13,682
the wife and the husband can theoretically both not work as much to spend the time on

858
01:02:13,682 --> 01:02:13,902
that.

859
01:02:14,142 --> 01:02:20,962
And people are in the Fiat matrix rat race and you tell them this stuff and it's like,

860
01:02:21,001 --> 01:02:21,762
there's no hope.

861
01:02:21,882 --> 01:02:22,501
There's no way.

862
01:02:22,742 --> 01:02:25,702
Like they, they, they have, and the system is set up that way.

863
01:02:25,762 --> 01:02:27,962
Like Caesar is meant to be the babysitter.

864
01:02:28,262 --> 01:02:28,481
Correct.

865
01:02:29,081 --> 01:02:29,282
Correct.

866
01:02:29,282 --> 01:02:34,061
Just all this stuff we've been talking about, about splitting the generations apart and hyper individualism.

867
01:02:34,302 --> 01:02:45,922
And it's all designed, it all works together to separate us from each other, you know, and give them their tendrils into people's minds so that they can manipulate them.

868
01:02:45,922 --> 01:02:54,902
You know, I'm not saying there's like some evil cabal of people that like planned this all from the beginning and knew that fiat was going to make it easier.

869
01:02:54,902 --> 01:02:56,862
but at the end of the day

870
01:02:56,862 --> 01:02:59,021
this is the emergent behavior

871
01:02:59,021 --> 01:03:00,282
the emergent phenomenon

872
01:03:00,282 --> 01:03:02,001
that's happening with this system

873
01:03:02,001 --> 01:03:03,862
with all the little individual decisions

874
01:03:03,862 --> 01:03:05,422
that all the administrators make

875
01:03:05,422 --> 01:03:06,662
and all the politicians make

876
01:03:06,662 --> 01:03:08,942
because they have the lever at their disposal

877
01:03:08,942 --> 01:03:10,081
they can just print the money

878
01:03:10,081 --> 01:03:11,081
and make the program

879
01:03:11,081 --> 01:03:13,162
and oh yeah I'm Michelle Obama

880
01:03:13,162 --> 01:03:15,782
and we're going to pay for more meals at school

881
01:03:15,782 --> 01:03:17,501
so the kids can stay after school

882
01:03:17,501 --> 01:03:18,182
and eat dinner

883
01:03:18,182 --> 01:03:20,842
and you know on paper it sounds great

884
01:03:20,842 --> 01:03:21,541
because it's like yeah

885
01:03:21,541 --> 01:03:22,561
they live in the inner city

886
01:03:22,561 --> 01:03:23,521
and it's a single mother

887
01:03:23,521 --> 01:03:24,742
and she can't afford to pay

888
01:03:24,742 --> 01:03:30,541
for dinner and so the kid's gonna get something that's maybe quasi nutritious like as opposed to

889
01:03:30,541 --> 01:03:35,322
not eating at all and so it's like yeah any one little thing that you look at is like

890
01:03:35,322 --> 01:03:41,802
altruistic but then you add them all together it's sinister and disgusting yeah and and that

891
01:03:41,802 --> 01:03:45,862
is the tricky thing right is like we we live in a culture this would be a whole nother episode too

892
01:03:45,862 --> 01:03:53,742
of like we argue like from exceptions we use exceptions to negate rules and so like all of

893
01:03:53,742 --> 01:03:58,702
is like both of both you and I just did this on two different subjects. It's like, this is true,

894
01:03:58,702 --> 01:04:03,021
but we also want to be sensitive to the fact that there's people who are in difficult situations

895
01:04:03,021 --> 01:04:08,481
or who, you know, it's like, correct. Like if you're in, if you're in one of these situations

896
01:04:08,481 --> 01:04:13,102
where, you know, like this is difficult, I will say this, like the church that we, the church

897
01:04:13,102 --> 01:04:19,822
that we go to is, uh, not as informally connected to a Christian school. And so basically what

898
01:04:19,822 --> 01:04:25,581
they've said is, Hey, if you're a part, if you're a member of the church and you're not able to

899
01:04:25,581 --> 01:04:32,021
afford a private school, if at all possible, we will like, our church will help pay for you.

900
01:04:32,242 --> 01:04:36,481
Like we'll either pay for it outright or we'll help, or we'll do something like that. And so like,

901
01:04:36,521 --> 01:04:39,962
if you're somebody who's listening to this, I can't imagine we have a bunch of single moms

902
01:04:39,962 --> 01:04:45,902
or something like, but maybe like there are people who are out there who, who like recognize

903
01:04:45,902 --> 01:04:51,202
the difficulty of this, you know, in terms of like the monetary side of this or the economic

904
01:04:51,202 --> 01:04:56,001
side of this, the challenges that are there. And there are lots of people who are willing to kind

905
01:04:56,001 --> 01:05:00,782
of do something about this. So if you're somebody who's like, you're lamenting being in a public

906
01:05:00,782 --> 01:05:06,521
school situation, you're like, I don't want my kids, but I don't see any other way. Again, I would

907
01:05:06,521 --> 01:05:11,521
just, you know, encourage just to kind of look out and go have a conversation with, you know, if

908
01:05:11,521 --> 01:05:15,322
there's a local, you know, classical Christian school, or, you know, if you're thinking about

909
01:05:15,322 --> 01:05:19,102
I don't know what's going on. Because I mean, just the reality is, yes, like the reality is life is

910
01:05:19,102 --> 01:05:24,202
going to be hard. Like life is hard no matter what side you come down on. And so the consequences

911
01:05:24,202 --> 01:05:28,342
of dealing with, like, you're either going to pay on the front end or on the back end. And so

912
01:05:28,342 --> 01:05:35,262
the consequences of having your kid, you know, be totally shaped from soup to nuts by, you know,

913
01:05:35,382 --> 01:05:39,981
especially if you're a Christian, soup to nuts by a government that hates you and, you know,

914
01:05:40,001 --> 01:05:43,642
that completely makes fun of, you know, your beliefs and all this kind of stuff. Well, that's

915
01:05:43,642 --> 01:05:47,122
going to be a, I mean, you're talking the rest of your life. You're going to, I mean, the rest of

916
01:05:47,122 --> 01:05:51,962
your life in terms of these kids who, you know, you're going to be, who are largely for at least

917
01:05:51,962 --> 01:05:56,001
a chunk of your life, largely going to be responsible for taking care of you. Um, and so,

918
01:05:56,081 --> 01:06:00,202
yeah, it is just one of these things where you want to be, you want to be saying, you don't want

919
01:06:00,202 --> 01:06:05,462
to be, you know, flipping out on people because they make a decision. Uh, and yet you, you also

920
01:06:05,462 --> 01:06:10,481
at the same time want to take, take account for just what's going on and how different it is,

921
01:06:10,481 --> 01:06:15,262
then maybe it's not just a situation that your parents grew up in or that you grew up in.

922
01:06:15,402 --> 01:06:16,602
It's, I mean, just.

923
01:06:17,402 --> 01:06:18,602
There's just landmines.

924
01:06:18,882 --> 01:06:20,102
There's landmines here.

925
01:06:21,481 --> 01:06:25,802
If you're talking to a well-meaning Christian that sends their children to Caesar

926
01:06:25,802 --> 01:06:31,162
and you use this terminology and they don't think of it that way,

927
01:06:31,342 --> 01:06:32,642
they can be highly offended.

928
01:06:33,142 --> 01:06:33,262
Yep.

929
01:06:33,362 --> 01:06:37,561
So I wouldn't necessarily start by saying, hey, you're sending your kids to Caesar.

930
01:06:37,561 --> 01:06:42,362
I think you can eventually maybe help them get there, but like you may not want to start there.

931
01:06:42,902 --> 01:06:49,142
And then on the other side, he may be talking to somebody that says, yeah, I realize I'm sending them to Caesar, but what choice do I have?

932
01:06:49,662 --> 01:06:56,262
And there needs to be a sensitivity there too, because it's the same thing when you're like, oh, you should be on Bitcoin.

933
01:06:56,402 --> 01:06:59,521
It's like, well, that's great, but I don't have any money.

934
01:06:59,602 --> 01:07:00,902
In fact, I have worse than money.

935
01:07:01,021 --> 01:07:03,682
I have like 30% interest that I'm paying on my credit cards.

936
01:07:03,782 --> 01:07:04,021
Correct.

937
01:07:04,021 --> 01:07:09,981
And so it's like, yeah, we got to get you out of debt before you have money to save that you could put in Bitcoin.

938
01:07:10,382 --> 01:07:12,902
We have to send you to Dave Ramsey first.

939
01:07:13,041 --> 01:07:13,782
Is that what you're saying, Jim?

940
01:07:13,802 --> 01:07:13,942
Yeah.

941
01:07:14,222 --> 01:07:17,501
We got to send you to Dave Ramsey just to get back to zero.

942
01:07:17,882 --> 01:07:21,262
Then once you're at zero, throw Dave Ramsey away and come talk to us.

943
01:07:21,541 --> 01:07:22,382
Get rid of Dave Ramsey.

944
01:07:22,541 --> 01:07:23,802
I think that's a good place to close.

945
01:07:24,422 --> 01:07:25,762
Jim, grateful for you, man.

946
01:07:26,081 --> 01:07:28,962
Again, hopefully we'll have Ash and Tim back next week.

947
01:07:29,481 --> 01:07:32,462
Again, for those of you who may be listening to this, we did.

948
01:07:32,462 --> 01:07:34,862
we were able to fund the Orange Umbrella Kickstarter.

949
01:07:35,102 --> 01:07:37,162
We were overfunded by 2,000 bucks.

950
01:07:37,762 --> 01:07:40,001
So grateful for all of you who helped support that.

951
01:07:41,122 --> 01:07:44,222
I'm still getting updates from our artists.

952
01:07:44,561 --> 01:07:46,122
She's getting closer and closer.

953
01:07:46,342 --> 01:07:48,182
So we'll be giving updates on that

954
01:07:48,182 --> 01:07:49,662
and looking forward to getting that out in the world.

955
01:07:50,302 --> 01:07:51,462
We are grateful for you guys.

956
01:07:51,602 --> 01:07:53,222
Episode 21 in the books.

957
01:07:53,722 --> 01:07:54,142
Grateful for you.

958
01:07:54,182 --> 01:07:57,001
We'll see you in the next episode of the To the Unknown pod.

959
01:08:02,462 --> 01:08:08,981
We'll see you next time.