Bitcoin and the American Dream with Walker | Bitcoin Infinity Show #183

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Walker, welcome to the Bitcoin Infinity show. Nice to have you here.

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It is great to be on the Infinity Divided by 21 million show.

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Oh, yeah.

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I'm stoked to do it. Big fan, of course, so it's always nice, you know, when we can have Bitcoin podcasters together podcasting about Bitcoin podcasts.

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It's a beautifully virtuous cycle.

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Yes, it's fantastic. Yes, the circle jerk is complete.

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What the circle is complete and the circle jerk is something else.

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Yeah.

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Anyway, we would just before we started, we were talking about your wonderful voice.

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It's like talking to Darth Vader and I love it.

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This is not, Walker does not have a filter on as a disclaimer, like this is his actual

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voice.

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And yeah, have you been chain smoking early in an earlier life?

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I mean, I used to smoke cigarettes many years ago, you know, but I have not for some years.

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It turns out that I guess, uh, I didn't really know I had a voice that people enjoyed listening

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to until like more recently.

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And it was, I think it was actually after speaking at a conference or something.

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And somebody was like, they came up to me afterwards.

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It was Lugano 2022.

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They came up to me and they were like, Walker, like, would you record a voice message for

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my girlfriend?

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Like, and I'm like, this, this is getting weird.

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This is getting weird in a hurry, but yeah, why not?

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you know so yeah then i then i realized that uh because you know i think everybody has a weird

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thing about their voice right like you i mean some people genuinely like the sound of their

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own voice i'm like not one of those people i kind of tolerate it but like we we all hear our own

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voices differently than everybody else hears them though it's it's it's important to remember that

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yeah and you you first experienced that the first time you record your voice like and

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when i grew up like it wasn't that easy to record your voice as it is today like we have

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everyone has a device to record their own voice every day but uh when when i grew up that wasn't

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the case and like when you heard your own voice for the first time it's like oh fuck i sound

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completely different and kind of dorky like yeah because you have this resonance in your skull

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that that other people don't hear uh so you sound better to yourself when you don't hear yourself or

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or something like that but you get used you've got those deep bone vibrations when you hear your

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own voice. It's like, it's right there, you know?

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Yeah. So for you, it must be like being Batman in a Gothic cathedral or something.

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That sounds, that sounds like a, like an AI image prompt, you know, but Batman in a

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Gothic cathedral sounds pretty sweet actually.

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Yeah, no, these are all compliments. I think you should, um, come and sing like,

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what a wonderful world by Louis Armstrong with, with us in a rock a motor someday.

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You know, I, I can, I can actually mimic Louis Armstrong decently.

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I'm not a good singer

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I am a good mimic

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so Carla is the talented singer

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did you get a chance

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to see the Christmas music video

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she just put out yesterday?

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Yes but I thought it was a rerun

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so I only watched snippets of it

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because I thought it was

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but I thought it was the

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da da da da da da da da

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that thing right?

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No no no she did the Grinch

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this time so like

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you're a mean one Mr. Grinch

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it's a scathing critique

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of both central bankers and EU bureaucrats all rolled into one. So we don't discriminate. It's

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not just against US or EU or not just politicians. It's central bankers too. Janet Yellen makes an

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appearance as the ghost of QE past. It's quite nice. And Carla has, again, a beautiful singing

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voice. So I highly recommend you check it out. She basically comes out of retirement now once a year

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to make a political monetary Christmas tune.

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So this is the one we get this year.

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I mean, I've loved those things

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since the first time I saw them.

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I just adore them.

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I think this is embracing the cringe

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in the exact right way.

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Like, this is how you do it.

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Don't be afraid of it.

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Just embrace it.

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And they're funny as hell.

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And I'm a huge fan of those videos.

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And I have been for a long time.

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it means a lot like for us it was we realized even like after putting this one out yesterday

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i was just telling carla i was saying you know nobody else makes this kind of content

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like no monetary political musical satire like nobody else is like that's that's a niche within

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a niche within a niche you know and it's just funny because she's always very uh not self-conscious

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per se just she like she mostly cares if she loves it but she also obviously wants the message

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to get out there.

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And so it's that fine balance

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between making something that's,

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you know, again,

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a niche within a niche within a niche,

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but also giving it some broad appeal.

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But it's interesting because it's like,

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I mean, you know this,

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on any of these centralized

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social media platforms,

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like you are,

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the majority of what people are served up

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and what they go after is just slop.

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It's just slop.

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Whether it's AI or human generated slop,

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it's just slop.

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Dem slop, pleb slop,

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it could be anything.

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The worst kind of slop

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is the politis slop,

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you know, the politics slop.

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Yeah.

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It's just like the lowest of the low, but, but it's so hard.

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There's just, there's so much noise out there.

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So much noise more than ever.

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The amount of the signals noise ratio is growing, you know, uh, it's going in the wrong direction

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constantly as it gets noisier and noisier.

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And so it's hard to break outside of that, I think.

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And it's, it's hard to get people to, to pay attention in this goldfish attention span,

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you know, world that we live in.

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It's, but sometimes you do.

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And even if it reaches a couple people, it makes a couple people laugh or a couple people think differently.

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Like that's, you know, that's still a win.

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And I mean, every social media platform has its niche, right?

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So Facebook quite quickly became for boomers and like that's the boomer platform.

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It's like for people who don't really understand the internet.

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So it's convenient and kind of tame.

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And there's a lot of pictures of food still like stuff like that.

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five-year-old memes and X the reason I fell in love with Twitter back in the day was the fact

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that you had to boil down your thoughts to 144 characters because that made me such a much sharper

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writer like so it was a sharpening my mind and that that's the thing I loved about it and that

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it was fast and all this uh yeah i do wonder how much of of that because i i agree like i like

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i liked uh or i still like a forcing function on like that forces you to be brief that forces you

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to be concise i think so much was kind of like lost when they expanded it so it's like now you

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can just write long form for anything like you don't have to be concise anymore i think still

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the most still you don't you you only see the top part of it it's true and the and i think still the

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tweets that perform the best you know perform the best are the ones that are concise distillations

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like it's i mean it's the reason that memes broadly are such an effective information

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distribution mechanism because they are concise they can they uh convey a massive amount of

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information cultural information in a really really bite-sized form and you know a short tweet

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does the same it's like it's why uh it's why vine too and i'm not sure if you've been tracking this

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but rabble he's one of the you know the early guys that was working with on twitter with jack

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he just released uh divine like spelled like divine but uh for anyone that doesn't know maybe

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for like if the young folks out there mine was awesome but i remember i remember specifically

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because i posted a meme about it on instagram at the time i went back and found this uh i remember

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when like people may not know this but instagram didn't always have video like it wasn't always

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just a video you know first platform like not everything was just shorts vine was the original

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short form video platform you were constrained to like seven seconds yeah and it was beautiful

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like force like making a video in seven seconds and try to convey so much information that short

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amount of time that takes like it takes some real thought or it takes just creativity it was yeah

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it was just a beautiful culture and now they're bringing that back and a huge thing they're doing

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is filtering out ai slop which i think is great it's like you want to see you don't you don't want

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all the ai slop you don't want to have to filter that noise like i think it's nice to have a a human

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first uh platform you know what i mean yeah yeah absolutely uh i mean i uh i i spend a lot of time

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on youtube unfortunately i don't really want to but it's one of those things i'm trying to move

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away from but i haven't even gotten a premium account yet so i see all these ads now it's

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ads for making ai slop made made by ai slop so there's ais telling me to install ais to make ai

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slop and i'm like no i'm not going there like fuck you i use a ai daily but for completely

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different things. I use it to be more creative, not less. No, it's slop all the way, which

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is unfortunate. And there was a Kurzgesagt video, I believe. I don't always like their

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videos, but sometimes they're pretty decent. And one of them was about how scientific research

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is now like peer reviewed research.

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Like the papers being reviewed are a product of AI slop.

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And AI slop is very good at lying and sounding like the truthful

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because they don't really have that function, the truth filter.

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So everything is getting worse because of this slop.

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And it's slop built on slop built on slop.

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There's layers of slop, right?

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So, yeah.

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It is crazy.

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Two comments on AI slop.

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One related to boomers on Facebook.

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I find this hilarious irony.

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I remember when Facebook was first coming out,

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and my parents were telling me,

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like, oh, this is, you know.

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Of course, with every new unfamiliar technology, right,

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the older generation is like,

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I don't know about this.

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Like, it's going to rot your brain, whatever it is.

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uh you know but the boomers were super anti-facebook now they're the only ones left on

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facebook i've also noticed that the boomers they have no like their ability to distinguish what's

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ai slop is like zilch they are super bad at determining what is real and what is ai generated

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they just they don't have the defense mechanism they're used to seeing seeing things where it's

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like oh that oh that's a video of something so it must be real i can see the video it's jesus

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riding a unicorn over a rainbow to a pot of gold of course it's real where did this happen was this

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ireland this is amazing like wow you know no and even i like in comparison to my kids i'm bad at

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detecting ai slot like they detect it instantly they know exactly the difference between uh and

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like i feel like the boomer i'm but yeah you but but you you one you're not but then you know

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No, this is a borderline.

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Yeah.

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But you've got, I think you have a much, you have obviously a discernment about you that you're not, you're not lured into the same.

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Like you don't see Jesus riding a uniform and think, when did this happen?

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Wow.

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I can't believe I made it.

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Why isn't this on the news?

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No, no, no.

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But even, uh, uh, more realistic videos, like, uh, they can instantly tell if it's AR or not in a way that I can't.

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Like the more, the most realistic ones.

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And it can be anything.

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So that's interesting, I think, that the younger generation actually have a...

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Because I think they're fed with so much more content from an earlier age that they learn the difference.

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They have a more fine-tuned AI slop gaydar or whatever you call it.

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I like that.

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It's interesting because obviously we're still...

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The timeline of this is wild.

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If you think about when ChatGPT came out.

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and how quickly things have advanced in just a couple of years the proliferation is wild and

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even like grok now grok imagine it's gotten so good like i can you know either with grok or with

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sora generate a very realistic looking video of richard nixon you know at the in the oval office

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saying like i really fucked up here guys like we never should have left the gold standard like i've

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done it looks really good and the voice is right and even the crackle of the static of the tv is

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is per like it's incredible to see it's going to be wild to see where we go like what does it look

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like 10 years from now how good is that you know and a thing i noticed uh today even is like this

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backlash of uh actually started yesterday but the the um uh the backlash elon got uh or the backlash

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the eu got rather or both of them because the eu decided to fine elon for this and that uh a lot

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of accusations and you can have your opinions on whether the accusations were valid or not i think

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it's all invalid because i'm an anarcho-capitalist but anyway even if you so i'm gonna argue like for

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argument's sake that even if you're the if you subscribe to these things uh there may or may not

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have been an underlying agenda but the thing that happened on x which is the platform that got fined

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And it one which is also the number one downloaded app in every single country in the EU at the moment Not only in the EU by the way in Europe uh regardless of what they do and how much they fine musk uh or his company they are not in charge anymore it just and you can see like the instant

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backlash from you eu bureaucrat pundits that that uh uh posted europe flags uh and i'm proud and i'm

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a free person and blah blah blah this government mandated what do you what we call it like

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politicians sucking up to politicians sloth yeah and the funny thing is that they do it on x so

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they don't see the irony of of saying haha we sort of won uh uh the the only reason that they can

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say that is because it's actually a free speech platform.

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He does not censor, uh, opinion, negative opinions about himself.

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Like it's, it's just a testament to them being dinosaurs.

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Like, and I find that insanely fascinating.

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The irony is just baffling.

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It's been incredible to watch this saga lay out.

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This is one of the reasons why Carla, what we were initially going to

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released this Christmas video that she did in a week or so, or maybe two weeks, closer to Christmas.

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And then this happened. And we already had Keir Starmer and some EU bureaucrats featured in the

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video prior to all this going down. And then this went down and we were like, oh, wow, this is

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how serendipitous and perfect. We got to get this out now. So she crunched it out and it was very

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good but the the point being you're right about the irony and and they're they're not seeing it i

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mean perhaps they should use noster you know then they could at least be uh walking the walk but no

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except no one's there yeah we're all there and we were all there yes we're hanging the vibes are

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still good on those yeah yeah but that's but that's also why we don't use it because no one's

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wrong on noster then you want to point out when people are wrong well exactly yeah i'm a much

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nicer person on Noster than I am on X on, on X. I just can't help myself there. I mean,

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and it's my own fault, right. For engaging. I've seen recently just my feed gets my free

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page just gets flooded with just communist idiocy, like really just dumb commies. Uh,

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and I mean, as a communist, you're either dumb or evil. Like that's basically what it is.

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Cause if you actually understand what you're doing, then like you must be evil. And if you

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actually think communism is good, then you're just dumb. Same as true for shit corners, by the way.

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exactly exactly yeah well said and that's the thing i've seen so much of this and why because

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i engage with it and because i can't help but engage with it but it is the it's the global

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town square and it is a i mean it's an incredible tool yes it is centralized yes you know it's

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centrally controlled yeah elon owns the thing it's not an open protocol yes that being said

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no relatively speaking it is a really great option for the disseminate you know the relatively free

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dissemination of information. Again, the problem there though, is finding signal, right? Make it,

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you know, actually finding signal amidst the slop. That's the difficulty, but that's, that's the

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same. It's the same everywhere, right? It's the same on any platform. Like Noster, there's maybe

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less slop, but it's just because it's a much smaller cohort of people who are over there,

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generally more ideologically aligned, you know, because it's a small, a small in-group,

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but yeah it's this eu thing is just it's just fascinating when i saw people saying things like

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look the eu the you know european union has more of it's more free speech than the united states

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of america i'm like you can get thrown in jail for germany for calling someone a fuck yeah yeah

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like or like the guy in switzerland who was just uh you never had free speech like that's the irony

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that we never held it as like sure orwell was british but he had nothing to do with the state

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yeah like it's crazy to see this because i think that again they they tell on themselves a little

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bit this is the great thing about politicians having these accounts is they get to kind of

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they get to show for everyone just how ridiculous they are like it's not every time because it used

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to be, they could just go on one of the few news stations. They could give their one to many

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broadcast and there's no feedback loop. There's nothing, there's nothing coming back to them.

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There's nothing checking them on it. Now they can get ratioed in real time. Like I ratioed multiple

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EU bureaucrats just in the space of the last 24 hours. And it's like, that's amazing. That's me,

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a random American from, you know, the other side of the world who granted I have a, I have a European

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wife. Um, you know, she's, she's Romanian though. Right. Because they're like, this is the other

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thing and i i'd love your opinion on this do you think there's a european identity or do you think

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there's a national national identities within europe like i think both okay so i'd say in the

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us it's more uh there is definitely an american identity and less so a separate state entity i

264
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I mean, you're not very specifically Utahan because you're from Utah, right?

265
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Some are like, I still consider myself a Wisconsinite because that's where I'm from.

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Texans, I think, are some of the most proud about it.

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Yeah, absolutely.

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And I would know what a Texan is, but I would not know what a Wisconsinite is like.

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A lot of beer and cheese.

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A lot of beer and cheese.

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Yeah.

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We have a lot of Germans and Scandinavians.

273
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Yeah, yeah, yeah.

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That sounds good.

275
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Sounds like a place I'd like.

276
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You would, you would.

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Yeah, yeah.

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But it's your point stands though.

279
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It's a different level.

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Yes.

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And I think if it's like this in the US, it's like that in Europe, because I do think we feel like a common European identity.

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And I like that.

283
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But the national identities are stronger, of course, especially in these old colonial countries.

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So I think national identity in France, for instance, is never going to go away.

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they're proud of not speaking English there.

286
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So, so, so, um, and no, I shouldn't bash on France only,

287
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but I think natural identities are very strong in, in France, Germany,

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Italy, Spain, you name it.

289
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Yeah.

290
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Even in the Nordic countries.

291
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So certain extent, but not, not in the same way.

292
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I think Northern Europe is a bit different than Southern Europe.

293
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I think.

294
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But regardless that that's, that's kind of, uh, outside of any,

295
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like the EU doesn't create the European identity, right?

296
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It's absolutely not.

297
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That identity, I think, preceded the formation of an extra bureaucratic layer, right?

298
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Yeah.

299
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I mean, I feel, and I think many people hate the EU because they feel European.

300
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And they think the EU is destroying Europe, more or less.

301
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And oh, did you see that? The other thing on Twitter was that Reporters Without Borders poll about the most trustworthy. And I looked it up. It's super simple to find the data. 65% state funded. That organization that made that. And I bet you that's direct taxes.

302
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the other stuff is funded by

303
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people who benefit

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from state subsidies

305
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like why else

306
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would you support that organization

307
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if you know it's 65% state funded

308
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it's propaganda

309
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all of it

310
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it's like in North Korea

311
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they can very easily have

312
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show you data that shows you that North Korea

313
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is the freest, most happiest, most prosperous

314
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country on earth where people are definitely not starving

315
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and everybody loves their supreme

316
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leader so so so much there's a hundred percent approval like of course you can any state sponsored

317
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media is going to say that the state is great like that's their whole raison d'etre right you

318
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know to yeah the friend that's why they exist is to be mouthpieces of the state they are just an arm

319
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of it and if if if i learned anything from these two latest wars that have popped up ukraine russia

320
00:22:17,546 --> 00:22:23,746
and israel palestine it's the insight that you can't trust anything from any side

321
00:22:23,746 --> 00:22:30,606
like at all like how could you and if you want to actually figure something out about it it's

322
00:22:30,606 --> 00:22:36,786
super complex and you don't know at the end of the day you don't know which state man didn't get

323
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to bang the other state man's wife which is probably the true motive between all of these

324
00:22:41,446 --> 00:22:50,386
things like uh behind all of these things but somehow it's it's just it's senseless and a waste

325
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of resources on a fucking massive scale enabled by taxes and inflation at the end of the day that's

326
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why they happen that's why we have wars because we still fall for taxes and inflation and we think

327
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they're natural and the only way to do things and that's the lesson not learned from the world wars

328
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yeah a quick something that was in my head when you were talking about just

329
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european versus national identities and america a quote that my my father-in-law

330
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who's a very very brilliant guy and he was a communist defector right he came to america

331
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uh before before the fall of communism and he he loves america he's a he now says he sees a lot of

332
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the same hallmarks that he saw during communism that's a whole different story right yeah but he

333
00:23:39,186 --> 00:23:43,926
sees them everywhere not just in america but like in a lot of western europe as well eastern europe

334
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I think has more of an immune system built up because they, they just went through this not so

335
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long ago. They're kind of like, Oh no, no, no guys, we've seen this before. It's not good. It's not

336
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good. But he told me, he basically, he, he said this to me a few times and it's always stuck with

337
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me. He said, fucker, America is unique because if you move to France, we'll pick on the French again,

338
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but you know, you move to France, you marry a French woman, you become a French citizen, you,

339
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you pay French taxes, you assimilate. I mean, you're eating your baguettes and, and you know,

340
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And you are becoming as French as you can be.

341
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And maybe you have kids.

342
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You have kids born in France.

343
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You love France.

344
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You're living in France, paying taxes, married, all of that.

345
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You'll never be French.

346
00:24:25,546 --> 00:24:26,366
You go to Russia.

347
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You go to Russia.

348
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You marry a Russian woman.

349
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You have Russian babies.

350
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You drink Russian vodka.

351
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You pay Russian taxes.

352
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You assimilate into the Russian culture.

353
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It doesn't matter.

354
00:24:35,186 --> 00:24:36,066
You'll never be Russian.

355
00:24:36,066 --> 00:24:41,866
And this is the same for almost every country in the world, except the United States of

356
00:24:41,866 --> 00:24:42,186
America.

357
00:24:42,186 --> 00:24:53,046
You come to America, you assimilate, you really like live by the American ideals and you pay your taxes and you, you know, you try to create value here.

358
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You become American.

359
00:24:55,246 --> 00:24:57,346
You're like, he's like, you know, I'm an American.

360
00:24:57,606 --> 00:24:58,846
I just wasn't born here.

361
00:24:58,986 --> 00:25:02,206
And I just thought that's, and it's true, right?

362
00:25:02,246 --> 00:25:07,686
That it's a beautiful, beautiful thing that you can truly become American.

363
00:25:07,926 --> 00:25:10,626
Like it's, it's, and it's, it is unique.

364
00:25:10,626 --> 00:25:16,746
and it's not a bad thing again that like the national identities uh in europe like i mean

365
00:25:16,746 --> 00:25:22,686
another extreme example but just more obvious from a skin color perspective is japan you can

366
00:25:22,686 --> 00:25:27,366
move to japan you can pay japanese marry a japanese woman have japanese kids all this you

367
00:25:27,366 --> 00:25:33,506
will never be japanese like that you can't you can't do it you'll always be a gaijin or whatever

368
00:25:33,506 --> 00:25:38,606
the the expression is and i i think that that's it's just always stuck with me because as an

369
00:25:38,606 --> 00:25:43,686
sometimes somebody was born in america you take these things for granted a little you take for

370
00:25:43,686 --> 00:25:50,086
granted that this is a special place that you can come to where you can become american yeah yeah

371
00:25:50,086 --> 00:25:53,966
just wanted to throw that out there because it's something that's always really stuck with me and

372
00:25:53,966 --> 00:26:00,806
and isn't a way i'd thought about it before no and it's it's a good insight and i i think uh the

373
00:26:00,806 --> 00:26:08,506
american dream uh is applicable to everyone in the world though and and it's achievable and from

374
00:26:08,506 --> 00:26:15,946
anywhere in the world uh if you if you dedicate your life to to to to actually living the dream

375
00:26:15,946 --> 00:26:22,246
it's just that most people don't realize that it's not only for americans and that they could

376
00:26:22,246 --> 00:26:27,686
like not give a fuck about what the state tells them and live life on their own terms you can be

377
00:26:27,686 --> 00:26:33,646
american wherever you are if if you have the american dream in your heart and i would say

378
00:26:33,646 --> 00:26:36,606
that I fit into that category now.

379
00:26:36,606 --> 00:26:40,366
Like it took me half a life to figure it out, but yeah,

380
00:26:40,606 --> 00:26:44,806
I'm not gonna, I'm not gonna sit back and let others decide

381
00:26:44,806 --> 00:26:46,446
what I can and cannot do.

382
00:26:46,806 --> 00:26:48,166
Like it's retarded.

383
00:26:48,526 --> 00:26:50,846
Why would I, uh, I want more.

384
00:26:50,846 --> 00:26:52,406
I have, I have one life.

385
00:26:53,246 --> 00:26:54,286
I'm not gonna wait.

386
00:26:54,646 --> 00:26:58,606
Like why it's not like I have anything, anything better to do than,

387
00:26:58,606 --> 00:27:00,446
than live life on my own terms.

388
00:27:01,046 --> 00:27:01,326
Yeah.

389
00:27:01,326 --> 00:27:05,686
so not it's so it's it's funny you said it because my father-in-law has also said that

390
00:27:05,686 --> 00:27:10,706
exact same thing and in talking you know with people from all over it's like there's americans

391
00:27:10,706 --> 00:27:15,266
that are or there's americans in russia there's americans in france yeah they're just maybe they've

392
00:27:15,266 --> 00:27:19,346
never even been to america but they have that idea in their hearts because that's you know the

393
00:27:19,346 --> 00:27:23,326
american idea is something that is very powerful and i think who was i talking to the other day

394
00:27:23,326 --> 00:27:30,006
about this i think it was nico uh from simply bitcoin yeah and and he he put forward basically

395
00:27:30,006 --> 00:27:32,706
that like at its fundamental level,

396
00:27:33,846 --> 00:27:38,406
Bitcoin allows anyone anywhere to actually realize the American dream in a

397
00:27:38,406 --> 00:27:39,106
meaningful way.

398
00:27:39,106 --> 00:27:51,951
Cause it something that more so than just theoretically feeling that you are able to have this this freedom it actually enables you to take that freedom And this is something that I I been trying to harp on a lot lately

399
00:27:51,951 --> 00:27:59,671
and remind people, because I think we often forget that governments are not there to give you rights.

400
00:27:59,671 --> 00:28:04,572
They're not there to give you freedoms. The government can, they can take them away.

401
00:28:05,012 --> 00:28:11,072
They can, they can codify, they can enshrine those rights in formal documents, legal documents,

402
00:28:11,072 --> 00:28:16,611
that those rights are protected by the law, but they do not give you any rights. Individuals take

403
00:28:16,611 --> 00:28:20,832
rights for themselves. We need to remember this. And when we take those rights together,

404
00:28:20,832 --> 00:28:25,312
we are more powerful, but people have this idea in their head. And I think it comes down to like,

405
00:28:25,471 --> 00:28:31,131
people don't understand money. They also don't understand the state. And I think that those two

406
00:28:31,131 --> 00:28:36,711
things are very much intertwined. And the reason that they, if they're so hard to, for people to

407
00:28:36,711 --> 00:28:40,471
actually wrap their minds around is because you don't, it's the water we swim in, right? It's the

408
00:28:40,471 --> 00:28:45,752
air we breathe. It's something that we become so accustomed to. Like, yes, the state just exists

409
00:28:45,752 --> 00:28:50,611
and always exists in varying degrees. And, and it's just, it is what it is. And we've got to pay

410
00:28:50,611 --> 00:28:53,731
our taxes and we've got to do this and this and that, and we've got to listen to whatever they say

411
00:28:53,731 --> 00:28:58,651
and money, money just is just there. And a print and stuff just gets more expensive forever because

412
00:28:58,651 --> 00:29:01,871
that's just the way things work. And I haven't really thought about it more than that. But the

413
00:29:01,871 --> 00:29:07,992
second you do and the second you actually, and I used to be that, that person, right? I, I think

414
00:29:07,992 --> 00:29:14,032
all of us, some people were extremely based before Bitcoin and Bitcoin just made them more based.

415
00:29:14,332 --> 00:29:18,131
I was not as based as I could be before Bitcoin. And I think that-

416
00:29:18,131 --> 00:29:18,371
Me neither.

417
00:29:19,072 --> 00:29:23,512
That journey sends you down, when you go down the rabbit hole and you start exploring,

418
00:29:24,092 --> 00:29:28,792
well, if money is a lie, as I know it, as I've been taught it, which I never really was taught

419
00:29:28,792 --> 00:29:33,871
it, because they don't want to teach it, right? But if money is a lie, money is this base layer

420
00:29:33,871 --> 00:29:39,471
of all the societal coordination what else is a lot and that's when you really start to go

421
00:29:39,471 --> 00:29:45,671
whoa okay well then what what the fuck is the purpose of the state at all and that's what you

422
00:29:45,671 --> 00:29:50,671
maybe you do a little reading of bastia and you're like yeah dear lord this guy's a genius how he

423
00:29:50,671 --> 00:29:55,211
lived how many years ago like wait he they've had this figured out since then yeah parallel

424
00:29:55,211 --> 00:30:01,812
he lived at the same time as marx which is so ironic i know because one is famous completely

425
00:30:01,812 --> 00:30:04,792
different conceptions. The idiot is famous and the clever guy is not.

426
00:30:05,631 --> 00:30:06,191
God.

427
00:30:07,351 --> 00:30:16,812
No, when we're touching on this specific rabbit hole here, I would say that in line with all the

428
00:30:16,812 --> 00:30:27,371
other Austrian economics insights and praxeological insights that rights in plural is actually wrong.

429
00:30:27,371 --> 00:30:34,451
there's only one human right that can be universal and timeless and it's the right to be left alone

430
00:30:34,451 --> 00:30:42,992
in other words the non-aggression principle there's every other right uh by necessitates a

431
00:30:42,992 --> 00:30:49,992
breaking or is necessitates the right word uh you can't have any other rights without violating the

432
00:30:49,992 --> 00:30:54,911
non-aggression principle and the right to be left alone if you have a right to housing for for

433
00:30:54,911 --> 00:31:01,871
instance, someone has to build the house. How can you build a house without consent? You have to

434
00:31:01,871 --> 00:31:13,292
break the... So in that sense, laws are actually things that can and ought to be discovered rather

435
00:31:13,292 --> 00:31:25,631
than man-made. Because what's the goal for humans interacting? Why do humans have conflicts?

436
00:31:25,631 --> 00:31:30,572
And should we resolve conflicts? Should we strive to resolve conflicts? Yeah, of course

437
00:31:30,572 --> 00:31:37,332
we should. That's what everyone does. Even an animal attacking another animal does so

438
00:31:37,332 --> 00:31:42,052
because he wants to resolve the conflict by killing the other animal. And then when we

439
00:31:42,052 --> 00:31:47,532
apply that to humanity, we quite quickly figure out that it's probably not a good idea if we just

440
00:31:47,532 --> 00:31:53,151
go around and kill each other and take each other's stuff. That's not what led us here. That's not what

441
00:31:53,151 --> 00:32:01,032
invented the automobile. We can do things in another way that is more productive for all of us

442
00:32:01,032 --> 00:32:08,471
and better for all of us. And so conflict resolution through non-aggressive means is better

443
00:32:08,471 --> 00:32:09,731
than aggressive means.

444
00:32:10,312 --> 00:32:11,911
And from those principles alone,

445
00:32:12,211 --> 00:32:12,992
you can derive,

446
00:32:13,772 --> 00:32:16,671
you can quite quickly come to the conclusion

447
00:32:16,671 --> 00:32:17,812
that the state is bullshit.

448
00:32:18,532 --> 00:32:21,611
And that when I say we can all be Americans,

449
00:32:21,752 --> 00:32:24,092
I mean the American values

450
00:32:24,092 --> 00:32:25,272
that everyone strives for.

451
00:32:25,371 --> 00:32:27,611
I don't think we should all be governed

452
00:32:27,611 --> 00:32:30,072
by Donald Trump or Joe Biden or anyone else.

453
00:32:30,471 --> 00:32:32,211
Like, I think that's retarded.

454
00:32:32,211 --> 00:32:33,772
What we do want, though,

455
00:32:34,191 --> 00:32:35,651
is the right to be left alone.

456
00:32:35,832 --> 00:32:38,072
And America upheld that value

457
00:32:38,072 --> 00:32:44,092
the longest of existing countries i mean sure there's the free cities project which is kind of

458
00:32:44,092 --> 00:32:50,871
interesting that places like prosper on roatan in honduras for instance where there's an actual

459
00:32:50,871 --> 00:32:56,752
private free city and stuff you can claim that there are some other smaller places on earth

460
00:32:56,752 --> 00:33:04,931
where freedom is even more achievable than in the u.s but but yeah in principle that's what we

461
00:33:04,931 --> 00:33:11,631
should strive for and it takes guts and it takes like you actually reclaiming the driver's wheel

462
00:33:11,631 --> 00:33:19,471
of your life and responsibility is the flip side of the freedom coin you have to you have to

463
00:33:19,471 --> 00:33:25,552
be willing to face the consequences uh because some asshole might not like what you're doing

464
00:33:25,552 --> 00:33:30,812
and say that you belong in jail or that you should be fined or have a giant tax bill to pay

465
00:33:30,812 --> 00:33:36,292
but just be ready for it maybe all the above yeah yeah maybe all of the above

466
00:33:36,292 --> 00:33:43,552
another thing i like about america by the way when we're talking about it is uh a tradition

467
00:33:43,552 --> 00:33:50,711
that we don't really have over here that's thanksgiving because i i think humans ought

468
00:33:50,711 --> 00:33:58,852
to be more grateful for shit like we are i can i can have this video call with you i can travel

469
00:33:58,852 --> 00:34:00,352
to the US whenever I want,

470
00:34:00,691 --> 00:34:01,691
it's fucking amazing.

471
00:34:01,871 --> 00:34:04,231
I can fly in a steel tube

472
00:34:04,231 --> 00:34:04,891
up in the sky.

473
00:34:05,131 --> 00:34:06,451
Like, there are so many things

474
00:34:06,451 --> 00:34:07,532
to be grateful for.

475
00:34:07,992 --> 00:34:09,771
And people forget that all the time

476
00:34:09,771 --> 00:34:11,711
and focus on negatives instead.

477
00:34:11,831 --> 00:34:13,211
And I think that leads

478
00:34:13,211 --> 00:34:14,651
to shitty lives.

479
00:34:15,451 --> 00:34:16,731
So I like Thanksgiving.

480
00:34:17,451 --> 00:34:18,632
I like it too.

481
00:34:18,691 --> 00:34:19,612
It's funny with Thanksgiving

482
00:34:19,612 --> 00:34:21,552
because even a lot of Americans

483
00:34:21,552 --> 00:34:25,572
take that holiday for granted.

484
00:34:25,572 --> 00:34:27,271
And instead of using it

485
00:34:27,271 --> 00:34:28,231
as an opportunity to be thankful,

486
00:34:28,231 --> 00:34:33,592
use it as an excuse to argue with their racist uncle jim you know or you know racist uncle jim

487
00:34:33,592 --> 00:34:37,892
you know and and then not speak to their family until you know until christmas or whatever i'm

488
00:34:37,892 --> 00:34:46,112
obviously not everybody does that but i do think that that that uh practice of being grateful

489
00:34:46,112 --> 00:34:51,431
and realizing as you said like what this is insane we're across the world from each other

490
00:34:51,431 --> 00:34:59,191
we've got we're somehow beaming this conversation in real time with with you know imperceptible delay

491
00:34:59,191 --> 00:35:05,512
in 4k resolution yeah across the world we're able to talk about these things we're able to then go

492
00:35:05,512 --> 00:35:10,431
and publish them on various platforms some of which are controlled by centralized corporations

493
00:35:10,431 --> 00:35:16,512
others are open protocols that some anonymous developer in latin america built you know as a

494
00:35:16,512 --> 00:35:21,632
as a cool project like all of these things like we can fly around the earth in metal tubes tubes

495
00:35:21,632 --> 00:35:28,372
we've got you know this this awful billionaire elon musk built fucking reusable rockets like

496
00:35:28,372 --> 00:35:33,052
reusable rockets and now another another awful billionaire who makes sure that i can order a

497
00:35:33,052 --> 00:35:38,072
you know i can order a pack of mason jars and have them delivered within four hours to my

498
00:35:38,072 --> 00:35:43,651
doorstep jeff bezos he also is building reusable rockets and we're doing all this incredible shit

499
00:35:43,651 --> 00:35:47,311
and so much of it just gets taken for granted.

500
00:35:47,471 --> 00:35:48,191
I think, and it's tough.

501
00:35:48,251 --> 00:35:48,992
I'm guilty of this too,

502
00:35:49,032 --> 00:35:51,671
but it's important to remind yourself sometimes

503
00:35:51,671 --> 00:35:52,572
just to slow down and be like,

504
00:35:52,632 --> 00:35:55,731
wow, this is, what an incredible time to be alive.

505
00:35:56,291 --> 00:35:57,072
What an amazing thing.

506
00:35:57,471 --> 00:35:59,072
I'm so grateful.

507
00:35:59,632 --> 00:36:01,171
The more I learn about Bitcoin,

508
00:36:01,251 --> 00:36:02,372
the longer that I've been in Bitcoin.

509
00:36:02,372 --> 00:36:04,671
And also I have still to this day,

510
00:36:04,872 --> 00:36:06,691
from the first time I heard about Bitcoin

511
00:36:06,691 --> 00:36:07,632
until I started stacking,

512
00:36:07,771 --> 00:36:09,872
has still been longer than I've been stacking.

513
00:36:10,352 --> 00:36:12,032
So I've ignored Bitcoin for longer

514
00:36:12,032 --> 00:36:12,751
than I've been stacking.

515
00:36:12,751 --> 00:36:18,631
after another little over another year they'll finally equal out but i'm so grateful that i

516
00:36:18,631 --> 00:36:25,512
exist to see before bitcoin and after bitcoin yeah we're at a very unique time like my son

517
00:36:25,512 --> 00:36:32,852
you know about two years old now you will only know after bitcoin yeah which which is great too

518
00:36:32,852 --> 00:36:38,992
yeah but i'm just glad that i i was aware of bitcoin or you know i i existed before bitcoin

519
00:36:38,992 --> 00:36:44,771
I am now seeing Bitcoin come to life. And I mean, that's just incredible. It's another reason

520
00:36:44,771 --> 00:36:49,751
whenever people say, oh, I'm too late for it. It's like, you're too late. There's people that

521
00:36:49,751 --> 00:36:54,932
haven't even been born yet. How can you possibly be late to Bitcoin? Think about the untold

522
00:36:54,932 --> 00:36:58,512
billions who are yet to be born. Think about the kids that are going to be born in 2140.

523
00:36:59,092 --> 00:37:02,852
And that are going to be saying, wow, well, or, you know, they're born in 2139. Well,

524
00:37:02,872 --> 00:37:06,751
at least we were born before the block, the block subsidy completely ran out, you know,

525
00:37:06,751 --> 00:37:10,631
and bitcoin security budget obviously collapsed and by the way you should use my shitcoin

526
00:37:10,631 --> 00:37:17,392
uh oh it's it's wild what a what an amazing thing that we get to get to see this happening

527
00:37:17,392 --> 00:37:22,012
jeff said this to me the other day he was like i'm just so happy that i get to

528
00:37:22,012 --> 00:37:29,072
bend reality with such amazing people and i was like wow that's that's that's that's making me

529
00:37:29,072 --> 00:37:33,831
but it's what we're doing like we're seeing everything change in real time in front of our

530
00:37:33,831 --> 00:37:40,852
eyes and are actively were active participants in that bending of reality yeah how fucking cool is

531
00:37:40,852 --> 00:37:49,052
that no it's it's amazing he's he said that many times to me too and and i i frame it as uh um i

532
00:37:49,052 --> 00:37:55,451
have a front row seat to the future of humanity like i like that i just get i get to sit in the

533
00:37:55,451 --> 00:38:01,791
front row at the theme park and just enjoy the ride it's it's amazing and the the craziest thing

534
00:38:01,791 --> 00:38:05,331
and this is sort of a TLDR on all the talks I do and whatnot in the books,

535
00:38:06,331 --> 00:38:11,771
is that when you really think about it, so what is Bitcoin?

536
00:38:12,131 --> 00:38:16,352
And my shortest answer to that is that it's an agreement on a fixed set of rules.

537
00:38:17,451 --> 00:38:23,811
And the slightly longer answer is that the reason we agree on this set of rules

538
00:38:23,811 --> 00:38:28,831
rather than other sets of rules is that these are the only rules known to man

539
00:38:28,831 --> 00:38:31,671
that are more expensive to try to break than to follow.

540
00:38:31,791 --> 00:38:36,771
meaning that we are all incentivized to help one another instead of aggress against one another

541
00:38:36,771 --> 00:38:45,052
and also when you think about what a bitcoin is is it possible to possess a bitcoin is it possible

542
00:38:45,052 --> 00:38:51,151
to own a bitcoin no it's not because it's just information and it's information you keep from

543
00:38:51,151 --> 00:38:59,251
everyone else so it's a secret every single the satoshis are on the time chain in in in the sense

544
00:38:59,251 --> 00:39:05,251
that you can see them there but the ability to move them which is the important aspect of them

545
00:39:05,251 --> 00:39:14,112
are all in people's heads every single one of them is in someone's head and the reason we

546
00:39:14,112 --> 00:39:22,811
we we can act as if we own them is a because we think that no one else knows the same secret that

547
00:39:22,811 --> 00:39:30,771
we do and B we don't believe that the rules will change to such an extent that it will

548
00:39:30,771 --> 00:39:36,392
endanger the value of the token mainly that the 21 million cap will not be broken.

549
00:39:36,392 --> 00:39:44,291
We can argue about nuances about that and other detrimental things too but the reason

550
00:39:44,291 --> 00:39:50,352
that we act as if we own them is just that we believe in the system because we understand

551
00:39:50,352 --> 00:39:55,231
the system to the extent of being convinced that it works.

552
00:39:56,012 --> 00:40:01,052
Either we understand praxeology or game theory or both or mathematics.

553
00:40:02,291 --> 00:40:07,112
Regardless of why you understand it, when you do, there's no way back.

554
00:40:07,872 --> 00:40:16,512
And all of a sudden, you're in this thing where you realize that everyone in this, it

555
00:40:16,512 --> 00:40:19,532
was all in our heads, like all the time.

556
00:40:19,532 --> 00:40:24,451
We had the ability, the computers involved, the ASICs, the nodes, everything.

557
00:40:25,352 --> 00:40:27,052
It's just a fancy abacus.

558
00:40:27,211 --> 00:40:35,711
It's just we're orangutans with a very fancy stick to put in the termite mound to get more termites per second.

559
00:40:35,951 --> 00:40:37,291
Like that's what a computer is.

560
00:40:37,372 --> 00:40:38,831
It just saves us time.

561
00:40:39,131 --> 00:40:45,791
Like every tool and every technology is just there to save a human being time to reach their ends faster.

562
00:40:45,791 --> 00:40:51,811
and here we have this abstract system that's just beautiful that all of a sudden unlocks the ability

563
00:40:51,811 --> 00:40:59,691
to just be awesome to one another instead of aggress and it's it's so obvious that oh

564
00:40:59,691 --> 00:41:05,331
human beings are better off if we don't aggress against one another who would have known like

565
00:41:05,331 --> 00:41:13,872
boom and it's so obvious but it's fucking and what it has done to me and i know it has done

566
00:41:13,872 --> 00:41:21,932
this to you too is like inject you with this enormous uh newly found self-conscious uh self-confidence

567
00:41:21,932 --> 00:41:33,012
and and like just a uh ability to and willingness to just do things and not be ashamed of it and

568
00:41:33,012 --> 00:41:44,977
just embrace everything and embrace life in a way that we couldn do before this and the thing is We had it within us all along It was just impossible to tap into because we hadn found the equation for it yet

569
00:41:44,977 --> 00:41:49,237
So the cliche thing I say in all my talks is like, the Beatles were right.

570
00:41:49,397 --> 00:41:50,337
All you need is love.

571
00:41:50,497 --> 00:41:52,157
They just hadn't found the equation for it.

572
00:41:54,297 --> 00:41:56,397
I love that though.

573
00:41:56,957 --> 00:41:59,297
No, no, I absolutely love it.

574
00:41:59,677 --> 00:42:02,417
I think it's interesting.

575
00:42:02,417 --> 00:42:11,297
the deeper into this we get and bitcoin is still again uh i heard about bitcoin for the first time

576
00:42:11,297 --> 00:42:19,637
in 2014 it was the silk road days i had a friend who was using the silk road for some things

577
00:42:19,637 --> 00:42:25,237
and he was a finance guy i was an engineering guy so for some reason he you know he came to me

578
00:42:25,237 --> 00:42:30,657
he was a quaker have you you know i'm getting things off of the this website called the silk

579
00:42:30,657 --> 00:42:36,037
road. Uh, have you heard of these, this Bitcoin, Bitcoins, something like that? They, we, I need

580
00:42:36,037 --> 00:42:40,517
to, I need to use them or I need to buy them so that I can pay for stuff on this website. It's the

581
00:42:40,517 --> 00:42:44,037
only way that you can, you can pay on this website. I'm like, dude, I don't know what you're talking

582
00:42:44,037 --> 00:42:49,217
about. I've never heard of this. Um, I like just, you know, whatever nerd, like you just on, on,

583
00:42:49,517 --> 00:42:55,977
on with my fiat stuff ignored. Uh, I've, I actually, I bumped into him at the Bitcoin conference in

584
00:42:55,977 --> 00:43:01,837
Vegas, which was, which is very cool. You know, after, after some years, but I heard about it

585
00:43:01,837 --> 00:43:09,057
again, 2017, right at that blow off top. I didn't, I'd spent still exactly zero time looking into

586
00:43:09,057 --> 00:43:13,677
Bitcoin and thought, well, I can't afford a full Bitcoin at whatever it was, you know, $17,000.

587
00:43:13,917 --> 00:43:17,517
I'll just get one of a couple of these light coins. They're, they're cheaper. And you know,

588
00:43:17,517 --> 00:43:21,517
maybe they'll be worth as much as a Bitcoin is. I mean, still, I bought like the Pico top. It was

589
00:43:21,517 --> 00:43:24,897
like $500 a light coin. I think, I think light coin is still, I don't know what it is. I think

590
00:43:24,897 --> 00:43:30,537
it's a couple hundred less than that now to this day. Uh, so, you know, I have empathy for people

591
00:43:30,537 --> 00:43:34,637
who say, well, I can't afford a full Bitcoin. It's like, it's okay. You can buy a fraction

592
00:43:34,637 --> 00:43:37,897
called a Satoshi. I was once retarded too. I didn't look into this at all, but you know,

593
00:43:37,897 --> 00:43:43,277
my point being, once I finally started going down that rabbit hole and started really

594
00:43:43,277 --> 00:43:51,377
looking into this, that, that journey of discovery and realizing that every, the way you've been told

595
00:43:51,377 --> 00:43:56,137
the world works or the way that you assume the world works or must work needs to work has to

596
00:43:56,137 --> 00:44:04,157
work whatever it doesn't have to be that way and just because we've never seen a system like this

597
00:44:04,157 --> 00:44:09,757
before we've never seen anything like this before there's we we come up with all these analogies

598
00:44:09,757 --> 00:44:14,657
right it's it's digital gold or gold is analog bitcoin or whatever but you know all these different

599
00:44:14,657 --> 00:44:19,417
it's not analogies for it but they all fall flat right yeah because we've never because it's not

600
00:44:19,417 --> 00:44:24,537
It's not just digital goal. That's, that's a nice convenient way to package it to, you know,

601
00:44:24,537 --> 00:44:29,497
to boomers, but, but it's not actually, that's not what it is. It's something so much more than

602
00:44:29,497 --> 00:44:35,497
that. And what it allows us to do. And I think what it will enable for us in the long run is to,

603
00:44:35,497 --> 00:44:42,557
as you've said, have a way of interacting with each other. That is purely, there's no incentive

604
00:44:42,557 --> 00:44:49,097
for violence anymore. You're disincentivized to use coercion. And that's just something we've never,

605
00:44:49,097 --> 00:44:54,397
ever ever seen if it was just purely digital gold with all the other properties of gold being the

606
00:44:54,397 --> 00:45:00,917
same then it wouldn't have that effect right no it's still like you would still be incentivized

607
00:45:00,917 --> 00:45:06,997
to coerce and even if it was something bigger here here's a thought like even if it was

608
00:45:06,997 --> 00:45:12,057
informational gold so it's still like this informational element or element zero as i

609
00:45:12,057 --> 00:45:19,337
like to call it uh but it had inflation just like gold does so it's if you look harder for it you'll

610
00:45:19,337 --> 00:45:24,657
find more of them then it wouldn't work then it would still incentivize violence because it would

611
00:45:24,657 --> 00:45:36,997
incentivize uh getting a a uh artificial monopoly on mining and then mining more than everyone else

612
00:45:36,997 --> 00:45:40,357
So it wouldn't work without the difficulty adjustment.

613
00:45:40,357 --> 00:45:46,357
And the funny thing about that is like, yeah, this is also from the clown world book.

614
00:45:46,657 --> 00:45:56,257
I ask, or we ask, me and Luke ask, uh, uh, if human beings practice doing things, do they usually get better or worse at doing those things?

615
00:45:56,977 --> 00:45:58,237
And the answer is obvious.

616
00:45:58,237 --> 00:45:58,717
It's yes.

617
00:45:59,097 --> 00:46:05,137
But the follow up question everyone forgets to ask themselves is so why aren't all prices falling forever?

618
00:46:05,137 --> 00:46:13,817
and the in real bitcoin is the only thing that gives you the ability to see that they actually do

619
00:46:13,817 --> 00:46:20,177
and that that is true if you look at the world from a bitcoiner lens you see that happening

620
00:46:20,177 --> 00:46:27,957
and it's it rewrites everything everything you uh thought was true about human society

621
00:46:27,957 --> 00:46:39,057
is backwards uh it's it's it's based on ginormous lies and a giant funnel and life-sucking

622
00:46:39,057 --> 00:46:46,897
vampiric machine just funneling wealth from the masses to the one percent uh at all times

623
00:46:46,897 --> 00:46:54,617
and idiots think we can fix it with more politics yeah yeah maybe if we just vote harder you know

624
00:46:54,617 --> 00:46:58,637
the, the, like, oh my God.

625
00:46:58,817 --> 00:47:06,497
Like, that's the thing that people can't conceptualize that we all want to believe that our actions

626
00:47:06,497 --> 00:47:12,337
matter and they do, but certain actions do not have the effect that you think they do.

627
00:47:12,337 --> 00:47:19,657
Like for instance, you voting is just voting for who's going to, you know, give you more

628
00:47:19,657 --> 00:47:25,517
favors and manipulate the money printer more and manipulate the legal system more. It's not,

629
00:47:25,617 --> 00:47:30,397
it's not a vote for actual meaningful changes. Just, it's still just a vote for the status quo.

630
00:47:30,597 --> 00:47:36,737
Now, I think there are some, obviously some, there are some votes where this, uh, there is

631
00:47:36,737 --> 00:47:41,177
a difference. Like El Salvador is an example of where that was actually, that was a change

632
00:47:41,177 --> 00:47:47,637
in the status quo, a very, very distinct change in the status quo. So that's, but when we talk

633
00:47:47,637 --> 00:47:53,077
about the average you know election it's like yeah in the u.s do i think that kamala harris would

634
00:47:53,077 --> 00:47:58,817
have been far far worse than donald trump absolutely but ultimately like you know to

635
00:47:58,817 --> 00:48:02,677
use a linaldin meme like nothing stops this train right the government needs to continue spending the

636
00:48:02,677 --> 00:48:09,337
amount of expenditures that it must continue to have are so great that no actual meaningful

637
00:48:09,337 --> 00:48:15,597
decrease in spending can be can be had it's just not going to happen and so you know and elon

638
00:48:15,597 --> 00:48:20,597
realized this very quickly with doge and you got to love him for going in there bright-eyed and

639
00:48:20,597 --> 00:48:24,917
bushy-tailed and thinking i'm just gonna i'm just gonna run this like a business and i'll just cut

640
00:48:24,917 --> 00:48:30,377
the waste i'll trim the fat i'll get rid of all the the excess spending and it'll be great and then

641
00:48:30,377 --> 00:48:36,177
you know it's like the uh the meme uh from like the incredibles you know with mr incredible where

642
00:48:36,177 --> 00:48:40,157
he's like smiling then the next one's like the black like like that's basically what he had

643
00:48:40,157 --> 00:48:47,017
where it's like oh shit there's there's no there's no fixing this thing that it's it's and this is

644
00:48:47,017 --> 00:48:52,617
why these parallel systems that we build and that we engage in and that we put more of our time and

645
00:48:52,617 --> 00:48:58,417
energy and monetary value into are so important because i don't think that the systems that we

646
00:48:58,417 --> 00:49:04,637
have the fiat based systems that we have are fixable neither from like they're not fixable

647
00:49:04,637 --> 00:49:10,337
from the inside out the only way for them to change is by external parallel systems being a

648
00:49:10,337 --> 00:49:16,057
forcing function upon them to either suck them of their you know bleed them dry of their energy

649
00:49:16,057 --> 00:49:23,997
or to maybe uh to get have those fiat systems eventually get subsumed by the growing parallel

650
00:49:23,997 --> 00:49:28,997
system but i just don't think the fiat systems that are in place fix themselves from the inside

651
00:49:28,997 --> 00:49:35,877
out i just i don't think it's possible you know no i totally agree i the lifeboats on the titanic

652
00:49:35,877 --> 00:49:45,397
analogy is is 100 literally true like because what does it mean that the fiat systems are unfixable

653
00:49:45,397 --> 00:49:51,877
it means that they are leading to disaster like real disaster the real titanic level disaster

654
00:49:51,877 --> 00:49:58,197
There is no saving them, and therefore they are going to lead to civil war.

655
00:49:58,197 --> 00:50:01,197
At some point, there will be a civil war because of them.

656
00:50:01,197 --> 00:50:04,837
Or even worse, there won't be a civil war, which means we're all enslaved.

657
00:50:06,437 --> 00:50:13,577
And that is the which way Western man thing comes to mind, and it's absolutely true.

658
00:50:14,337 --> 00:50:20,937
One system leads to more and more involuntary things, and the other leads to more and more voluntary things.

659
00:50:20,937 --> 00:50:29,917
it's super the choice is it's not a choice at all sadly most people most people don't want to

660
00:50:29,917 --> 00:50:35,997
make a choice i think and i don't mean to over generalize like uh but sometimes it's it's useful

661
00:50:35,997 --> 00:50:41,697
and there there's a quote i'm forgetting forgetting who it was may have been one of the stoic but it's

662
00:50:41,697 --> 00:50:47,217
very maybe it was seneca very few people are born slaves the majority enslave themselves

663
00:50:47,217 --> 00:50:56,017
and I think that it's it's very poignant because most people don't want to take responsibility

664
00:50:56,017 --> 00:51:01,237
because that's scary this goes back to your your earlier point of like because when you take

665
00:51:01,237 --> 00:51:05,357
responsibility you have to deal with the consequences they're yours there's no you know

666
00:51:05,357 --> 00:51:10,317
there's there's no bailout right there's nobody to come in and save you in a very real sense with

667
00:51:10,317 --> 00:51:15,097
in bitcoins like you lose your private key like you lose that that seed phrase you have no back

668
00:51:15,097 --> 00:51:19,577
of that, like it's gone. There's no customer support. There's no government that's going to

669
00:51:19,577 --> 00:51:24,537
come in. You know, well, now you can at least like get an insurance policy on it. So like you can do

670
00:51:24,537 --> 00:51:28,557
that. But again, that's something that you have to do yourself as well. Right. All of these things

671
00:51:28,557 --> 00:51:37,217
have to be done. And so it's, it's, it's scary for people because that requires again, a complete

672
00:51:37,217 --> 00:51:43,577
reframing of how you interact with the world to say, I do have agency. I'm not just some passive

673
00:51:43,577 --> 00:51:49,057
observer in my own life. I have to be the one at the driver's seat. I have to be the one steering

674
00:51:49,057 --> 00:51:54,597
this, this vehicle of my existence. Yeah. But when you do that, then that means also,

675
00:51:54,597 --> 00:51:59,137
if you accept that, if you accept that you have agencies, if you accept that through your human

676
00:51:59,137 --> 00:52:03,357
action, you can make changes in your life that are meaningful, that are beneficial,

677
00:52:03,977 --> 00:52:09,597
that will change the course of your existence and your families. That means accepting that up until

678
00:52:09,597 --> 00:52:15,057
that point, you also had agents that at any point you could have made those changes and you did not.

679
00:52:15,657 --> 00:52:21,917
And it's a lot easier to just, again, like inertia, right? Maintain the status quo.

680
00:52:22,317 --> 00:52:27,877
Don't rock the boat, whatever you want to say. It's easier to do that than it is to completely

681
00:52:27,877 --> 00:52:33,017
have a kind of a, an ego death and rebirth to have a Phoenix rise from the ashes and say,

682
00:52:33,017 --> 00:52:41,137
wow okay i am in control here but me being in control means that i am also responsible

683
00:52:41,137 --> 00:52:48,537
if and when i fail and i surely will at certain things i surely will but then how will i you know

684
00:52:48,537 --> 00:52:54,137
how will i get back up but that's hard like we know this this is why most people would rather just

685
00:52:54,137 --> 00:52:59,397
that most people don't want to leave the matrix right it's cozy the the beef tastes just like

686
00:52:59,397 --> 00:53:05,377
real beef i know it's not real but it still tastes good you know it's it's wild most people are cipher

687
00:53:05,377 --> 00:53:12,657
yeah yeah it reminds me of the first time i was ever promoted to skipper on one of the

688
00:53:12,657 --> 00:53:19,997
the yachts i was sailing or like big ones with a lot of people on board and once i was promoted

689
00:53:19,997 --> 00:53:25,677
to skipper people came and asked me all these questions that like when are we when are we going

690
00:53:25,677 --> 00:53:34,357
to eat for instance and i'm like uh can't you ask someone who knows and like oh i'm supposed to

691
00:53:34,357 --> 00:53:40,937
decide something and like it's uh and you're supposed to decide all sorts of things that you

692
00:53:40,937 --> 00:53:48,857
never realize that anyone decided for you before you and it's the same with uh breaking out of the

693
00:53:48,857 --> 00:53:54,537
government spell it's it's it feels the same um because you're reclaiming something that you

694
00:53:54,537 --> 00:53:56,837
ought to always have had.

695
00:53:59,137 --> 00:54:03,397
I think the other difficulty is it's a lot of work to do that.

696
00:54:03,877 --> 00:54:06,837
Like it's a lot of even just something as basic as, you know,

697
00:54:06,917 --> 00:54:12,237
like your digital footprint and trying to be a good steward of that,

698
00:54:12,357 --> 00:54:13,617
trying not to, you know,

699
00:54:13,697 --> 00:54:18,377
make your information easily accessible to a bunch of hackers out there, right?

700
00:54:18,377 --> 00:54:20,117
Just trying to have like general good,

701
00:54:20,157 --> 00:54:22,057
like digital operational security practices.

702
00:54:22,057 --> 00:54:23,557
Like that's really hard.

703
00:54:23,637 --> 00:54:24,417
It's a lot of work.

704
00:54:24,537 --> 00:54:28,837
there's a reason that most people use the same email and the same password and the same for

705
00:54:28,837 --> 00:54:34,657
everything right and there's a reason that there's any single hack is a cascading effect for most

706
00:54:34,657 --> 00:54:40,737
individuals yeah because it's like oh i shouldn't have used you know dog's name one two three is my

707
00:54:40,737 --> 00:54:45,477
password with like the same email for literally every single for my bank and for you know my

708
00:54:45,477 --> 00:54:50,417
facebook and for my everything else do you know that that's how they hacked hillary clinton

709
00:54:50,417 --> 00:54:59,057
is it really yeah no way what's the name of my first dog and wikipedia hillary clinton's first

710
00:54:59,057 --> 00:55:07,737
oh that's how they hacked her that's that's wild i did that hillary is short for hilarious

711
00:55:07,737 --> 00:55:16,917
oh my god she is a boy just a creature of the swamp huh and imagine that that woman

712
00:55:16,917 --> 00:55:18,757
was this close

713
00:55:18,757 --> 00:55:21,137
to having nuclear launch codes.

714
00:55:24,497 --> 00:55:25,657
It's hilarious.

715
00:55:26,577 --> 00:55:27,977
What's the launch code again?

716
00:55:28,457 --> 00:55:29,337
One, two, three, four.

717
00:55:29,337 --> 00:55:29,697
Yeah.

718
00:55:31,457 --> 00:55:33,257
Oh, jeez.

719
00:55:33,303 --> 00:55:41,243
it's it's it's crazy but wow okay i'm gonna be i'm gonna need to go back and look at that that

720
00:55:41,243 --> 00:55:45,923
hack again because that was look it up there's so many things about that too yeah that that's a

721
00:55:45,923 --> 00:55:51,763
that's a whole that's a whole another rabbit hole right there say that yeah it's it's funny though

722
00:55:51,763 --> 00:56:01,463
i think how how obvious buffoons end up on top like sure you can you can say that trump is a good

723
00:56:01,463 --> 00:56:08,563
good negotiator and this and that and no one else would have been able to negotiate with certain

724
00:56:08,563 --> 00:56:16,963
people but he is he's a buffoon like and all of them are like since since at least bush

725
00:56:16,963 --> 00:56:26,443
oh they're all fucking gw bush no since even the st clinton like yeah yeah or yeah i don't know too

726
00:56:26,443 --> 00:56:32,383
much about Bush senior or Bush senior sort of before I started paying attention, I guess.

727
00:56:32,683 --> 00:56:38,923
I like Reagan a lot though, like in hindsight, but, but, uh, if, if we just look at the American

728
00:56:38,923 --> 00:56:46,043
presidents and when George W. Bush was doing his thing and, and being ATI cube, uh, people

729
00:56:46,043 --> 00:56:47,903
thought like, what the fuck is this guy?

730
00:56:47,903 --> 00:56:52,763
Especially from Europe with European eyes is like, this guy is a moron.

731
00:56:52,763 --> 00:56:55,103
Like he's, he's like, is he retarded?

732
00:56:55,103 --> 00:56:56,723
Like what's going on over there?

733
00:56:57,023 --> 00:57:00,443
And then there's just the next, the next guy is just worse.

734
00:57:00,623 --> 00:57:05,523
And then there's Biden and Kamala, which are just like, what the fuck is going on here?

735
00:57:05,523 --> 00:57:12,143
And the, and Trump is the other, like, like it's, it's such a, it's yeah.

736
00:57:12,143 --> 00:57:12,903
I don't know.

737
00:57:13,123 --> 00:57:14,563
I don't even know where to start.

738
00:57:14,563 --> 00:57:18,683
Like it's so, uh, um, yeah.

739
00:57:18,763 --> 00:57:24,563
And then you get a well-spoken guy, Obama, and he's the worst one in his, in like ages

740
00:57:24,563 --> 00:57:27,103
because he bombs people like fucking mad

741
00:57:27,103 --> 00:57:28,123
and no one notices.

742
00:57:28,383 --> 00:57:29,303
They gave him a Nobel Peace Prize

743
00:57:29,303 --> 00:57:32,263
for just bombing the ever-loving shit

744
00:57:32,263 --> 00:57:32,963
out of brown people.

745
00:57:32,963 --> 00:57:34,223
No, they gave him the Peace Prize

746
00:57:34,223 --> 00:57:35,663
before he got the presidency.

747
00:57:36,423 --> 00:57:36,823
Yeah, yeah.

748
00:57:36,943 --> 00:57:37,523
I mean, just remarkable.

749
00:57:37,523 --> 00:57:39,623
Yeah, so he basically got it for being black.

750
00:57:41,043 --> 00:57:41,743
There, I said that.

751
00:57:42,523 --> 00:57:45,043
This is such an important point

752
00:57:45,043 --> 00:57:45,663
because people think,

753
00:57:45,703 --> 00:57:47,403
oh, well, he was such a great or,

754
00:57:47,523 --> 00:57:48,683
you know, he was such a good speaker

755
00:57:48,683 --> 00:57:50,783
and he was so nice.

756
00:57:50,783 --> 00:57:51,963
And he was.

757
00:57:51,963 --> 00:57:57,603
like obama was an incredible politician and i mean that as an insult not as a compliment

758
00:57:57,603 --> 00:58:03,143
i mean that exactly he was psychopath i'm i mean the the the definition of just talking out of both

759
00:58:03,143 --> 00:58:07,603
sides of your mouth right like where yeah he's saying all these nice things and he says them

760
00:58:07,603 --> 00:58:13,543
in a certain way with a cadence that makes you know that he's got your best interest at heart

761
00:58:13,543 --> 00:58:19,783
and meanwhile he's like bomb bomb drone strike drone strike like i mean just insanity but

762
00:58:19,783 --> 00:58:26,103
honestly a it's it's wild how many people are still like oh i wish we could just go back to the

763
00:58:26,103 --> 00:58:29,343
the obama like things that's when things were everything was nice and it's like

764
00:58:29,343 --> 00:58:34,703
and and if you also look like when did like the kind of racial tensions in the u.s really start

765
00:58:34,703 --> 00:58:39,443
to get polarizing again it was during obama which is weird yeah it should have been the other way

766
00:58:39,443 --> 00:58:45,783
around yeah yeah and it's according to theory to do with yeah but it was just it was just insane to

767
00:58:45,783 --> 00:58:52,423
me but that's the thing like we we do live in this in this crazy clown world you know i've

768
00:58:52,423 --> 00:59:00,223
literally written a book about this and when i don't even know if orwellian describes it you know

769
00:59:00,223 --> 00:59:05,863
but it's something it's i mean i guess it's just clown world right yeah yeah it's everything is so

770
00:59:05,863 --> 00:59:11,403
absurd everything is so absurd and you're told to just or you're meant to just kind of take it as it

771
00:59:11,403 --> 00:59:16,323
is and like yeah that's just that's it's just everything's just fucking crazy and stupid and

772
00:59:16,323 --> 00:59:19,883
just yeah yeah that's just the way it is and it's like no it doesn't have to be like that

773
00:59:19,883 --> 00:59:26,763
it no no it shouldn't be like that trump the phenomenon is absurd like it's absurd that that's

774
00:59:26,763 --> 00:59:35,703
the only guy that manages to stir the stir the pot like that that they uh and i mean uh the things

775
00:59:35,703 --> 00:59:41,123
he's said over the years i mean don't get me wrong i love that he irritates the left as much

776
00:59:41,123 --> 00:59:47,763
as he does but i don't think like never attribute to 5d chess what can be explained by retardation

777
00:59:47,763 --> 00:59:52,363
because some of it is just like it's pulling stuff out of his ass it doesn't give a shit

778
00:59:52,363 --> 00:59:57,703
and it's the doesn't give a shit part that is good for humanity but yeah if you look at it

779
00:59:57,703 --> 01:00:03,183
objectively it's just a fucking shit show all of it isn't it and you had the choice between the

780
01:00:03,183 --> 01:00:11,303
actual commie and a crony capitalist meme coiner like oh there's so much who doesn't give a shit

781
01:00:11,303 --> 01:00:17,703
about anything but making money i mean that's who he is like at heart and he's obviously not a good

782
01:00:17,703 --> 01:00:24,443
guy but it's like yeah i prefer i prefer pneumonia to bone cancer so i'm gonna vote for him like

783
01:00:24,443 --> 01:00:31,083
because that's the comparison they're all on the bad scale what i would say about trump is that i

784
01:00:31,083 --> 01:00:37,443
think that he's actually uh been it's been very good to have trump as president because it

785
01:00:37,443 --> 01:00:43,183
completely pierces the veil of like the obama type of politician right it's the yeah he's the

786
01:00:43,183 --> 01:00:49,123
antithesis of that he's he's coarse he's he's crass he you know i mean he literally you know

787
01:00:49,123 --> 01:00:55,783
call like calls you know tim waltz retarded like you know he's like there's no there's no filter

788
01:00:55,783 --> 01:01:01,383
there there's no political veneer i love that's a good thing because it take it takes the mask off

789
01:01:01,383 --> 01:01:06,023
but then you also see i mean you know in this first term it was all about drain the swamp right

790
01:01:06,023 --> 01:01:10,983
drain the swamp it's like oh the swamp's still there the swamp's gotten worse it has not drained

791
01:01:10,983 --> 01:01:18,523
it has not drained there's additional swampiness in there now um i mean he's like i will say he is

792
01:01:18,523 --> 01:01:25,023
i think he's a hilarious stand-up comic the dude has incredible comedic timing it's like it's insane

793
01:01:25,023 --> 01:01:32,023
absolutely his un speech was hilarious but my point is not that like someone can be a good

794
01:01:32,023 --> 01:01:38,363
entertainer and like as you say that the swamp is still not fucking green and what's exhausting to

795
01:01:38,363 --> 01:01:45,163
me is seeing bitcoiners simp for the guy like why like so let me ask you an honest question

796
01:01:45,163 --> 01:01:53,083
what would you prefer uh uh a pro bitcoin uh politician or an anti-bitcoin one and i think

797
01:01:53,083 --> 01:01:54,923
This is a bit of a trick question.

798
01:01:58,223 --> 01:02:00,103
So let me lay it out for you.

799
01:02:01,103 --> 01:02:05,083
On the face of it, it's awesome to have a pro-Bitcoin president.

800
01:02:05,723 --> 01:02:11,863
But when you have a pro-Bitcoin president that shills meme coins and says the crypto industry and stuff like that,

801
01:02:11,863 --> 01:02:20,483
and has his son go to Abu Dhabi to have oil shakes by paper Bitcoin,

802
01:02:20,483 --> 01:02:28,823
uh like is that really a good thing if you have an anti-bitcoin president on the other hand

803
01:02:28,823 --> 01:02:34,863
people are forced to run their own nodes on their own terms and actually do their

804
01:02:34,863 --> 01:02:41,743
fucking homework and do shit for real so what's better i don't know it it's it's a it's a fair

805
01:02:41,743 --> 01:02:49,723
question i i've often said i would rather have a government full of senator lemmases than senator

806
01:02:49,723 --> 01:02:56,163
Warren's like Cynthia Lemus has been a vocal proponent and of like of of Bitcoin not she

807
01:02:56,163 --> 01:02:59,383
hasn't launched her own meme coin she hasn't done any shit like that you know she's been

808
01:02:59,383 --> 01:03:05,203
neither has been rock solid neither has Bukele correct correct and that's thing and then

809
01:03:05,203 --> 01:03:14,363
contrasting that with uh with Elizabeth Warren somebody like that who would is very happy to say

810
01:03:14,363 --> 01:03:19,603
that you know anyone uh she would love to lock up even more software developers for writing open

811
01:03:19,603 --> 01:03:23,243
source code, you know, because they're money launderers and helping the terrorists.

812
01:03:24,183 --> 01:03:28,683
So I think that I'll, I'll take the bad with the good.

813
01:03:28,843 --> 01:03:29,983
Does that make sense?

814
01:03:30,043 --> 01:03:34,923
Even with regard to Trump, because I think that I would still rather have people in power

815
01:03:34,923 --> 01:03:40,603
who are not openly antagonistic to Bitcoin.

816
01:03:40,743 --> 01:03:41,823
I would still rather have that.

817
01:03:41,883 --> 01:03:45,203
Now, granted, would I rather that Trump wasn't a massive shit coin or two?

818
01:03:45,483 --> 01:03:45,783
Yeah.

819
01:03:45,783 --> 01:03:50,083
like yeah i i would i would like it if the president of the united states and his wife

820
01:03:50,083 --> 01:03:54,963
hadn't launched shit coins right right before you know right after the election and right right

821
01:03:54,963 --> 01:03:59,583
before you know getting into office but also i wasn't surprised at this and anyone who was

822
01:03:59,583 --> 01:04:05,803
surprised or trying to be like well you know we all knew this was coming because he had already

823
01:04:05,803 --> 01:04:11,283
launched multiple nfts he'd already launched multiple nfts guys this was this was on on on

824
01:04:11,283 --> 01:04:16,263
ethereum and i think on solana maybe he did on ordinals too i don't know but like this this was

825
01:04:16,263 --> 01:04:21,563
par for the course like of course he was gonna was gonna shit coin like this was natural i'm just

826
01:04:21,563 --> 01:04:26,383
surprised baron trump hasn't launched you know his own shit coin yet um but maybe baron's actually

827
01:04:26,383 --> 01:04:30,803
the toxic maxi of the family yeah maybe he's the heart like he's he's like guys what are you doing

828
01:04:30,803 --> 01:04:37,963
here yeah yeah but i love i think that ultimately demeanor like his uh harkonnen yes yes yeah this

829
01:04:37,963 --> 01:04:46,443
exactly but no i think again i i what i will agree with you on 100 is the simping side of things

830
01:04:46,443 --> 01:04:52,563
yeah if if you and again do whatever you want people right like but i'm gonna do whatever i

831
01:04:52,563 --> 01:04:58,663
want which is call you out for when you are ideologically inconsistent the people who are

832
01:04:58,663 --> 01:05:04,763
are basically they're saying well we don't criticize trump for anything right like it's

833
01:05:04,763 --> 01:05:10,683
It's Bitcoiners who are also like super Trumpers, which is again, like fine.

834
01:05:11,103 --> 01:05:14,703
Like I, you know, I've got, I've got no problem with Trump when he does something good, like

835
01:05:14,703 --> 01:05:16,923
freeing Ross, pardoning Ross, full presidential pardon.

836
01:05:17,043 --> 01:05:17,903
I think that's amazing.

837
01:05:18,023 --> 01:05:19,063
He should be applauded for it.

838
01:05:19,163 --> 01:05:19,763
He kept his word.

839
01:05:19,783 --> 01:05:23,123
Yeah, but don't forget that he didn't free Ross for three years during his last bucking.

840
01:05:23,483 --> 01:05:24,003
Yeah, yeah.

841
01:05:24,123 --> 01:05:24,423
No, no.

842
01:05:24,723 --> 01:05:26,723
I, I, I, I know.

843
01:05:26,803 --> 01:05:27,243
Absolutely.

844
01:05:27,803 --> 01:05:32,623
And then Ross comes up and licks his ass and I'm like, dude, have you forgotten what this

845
01:05:32,623 --> 01:05:33,443
guy did to you?

846
01:05:33,443 --> 01:05:37,403
Like he could have pardoned you back then, but it wasn't in his interest.

847
01:05:37,403 --> 01:05:38,403
So he didn't.

848
01:05:38,983 --> 01:05:41,223
I, I'm not, I'm not disagreeing with you there.

849
01:05:41,223 --> 01:05:45,603
What I'm saying is when, when a politician does something that I think is good, I'm going

850
01:05:45,603 --> 01:05:46,843
to say, I think that's good.

851
01:05:47,363 --> 01:05:59,019
And when they do something that I think is bad I going to say I think that bad I not going to try to equivocate and moralize about how well actually you know he just he needed to launch this shit coin because you know that how he going to own the

852
01:05:59,019 --> 01:05:59,219
libs.

853
01:05:59,279 --> 01:06:01,059
Like, no, that's shit coining.

854
01:06:01,479 --> 01:06:02,259
That's bad.

855
01:06:02,519 --> 01:06:02,659
Yeah.

856
01:06:02,719 --> 01:06:06,999
I think that's scammy, scammy fucking behavior and people end up getting wrecked and insiders

857
01:06:06,999 --> 01:06:07,599
get enriched.

858
01:06:08,039 --> 01:06:10,019
Shit coining is just fiat on steroids.

859
01:06:10,179 --> 01:06:10,339
Yeah.

860
01:06:10,459 --> 01:06:11,979
It's the end state of fiat.

861
01:06:12,299 --> 01:06:14,619
It's not just the central bank is the counterfeiter.

862
01:06:14,619 --> 01:06:17,359
Everybody's a counterfeiter and everybody's a fucking scammer.

863
01:06:17,379 --> 01:06:23,499
Yeah. And like, you know, everybody's a scammer period. Right. But like, I'm not going to in any

864
01:06:23,499 --> 01:06:28,679
way, excuse that. And like, honestly, shame on, shame on anyone who does, we should call out bad

865
01:06:28,679 --> 01:06:34,419
behavior, especially in America. And I'd be curious how you see this, uh, you know, in the

866
01:06:34,419 --> 01:06:40,559
glorious European union, but in America, because we have a Coca-Cola, Pepsi-Cola democracy, we have

867
01:06:40,559 --> 01:06:45,719
a duopoly, right? It's, it's, you know, it's, it's red versus blue, right? That's, that's all it is.

868
01:06:45,719 --> 01:06:49,479
you don't like coke it's okay because you can have pepsi you don't like pepsi no mountain dew

869
01:06:49,479 --> 01:06:55,659
no fanta none of that um certainly no you can't just have good old plain water either you got to

870
01:06:55,659 --> 01:06:59,859
have this sugary beverage that's you have to be good if you stop drinking mountain dew i think

871
01:06:59,859 --> 01:07:04,579
yeah yeah i agree agreed a mountain dew now that's the green party they never get elected

872
01:07:04,579 --> 01:07:13,059
but but because we have this duopoly there's a tendency for people when their guy is in power

873
01:07:13,059 --> 01:07:17,859
or their gal, Kamala folks, you know, if she never made it, but you know, if she would have,

874
01:07:18,039 --> 01:07:24,119
there's a tendency when people have their party in power to absolutely paper over and excuse any

875
01:07:24,119 --> 01:07:28,379
of the stupid things their party does because admitting that their party did something stupid

876
01:07:28,379 --> 01:07:33,479
would be viewed as giving the other side ammunition. And so, but, but then both sides

877
01:07:33,479 --> 01:07:38,119
are just, their hypocrisy is laid bare because they're not actually operating from any sort of

878
01:07:38,119 --> 01:07:42,599
a principled stance at all. It's all just tribal politics. It's all identity politics.

879
01:07:42,599 --> 01:07:43,879
you know it's fake

880
01:07:43,879 --> 01:07:46,499
the difference with Trump there is that he

881
01:07:46,499 --> 01:07:48,599
blatantly lies but he has

882
01:07:48,599 --> 01:07:49,219
no

883
01:07:49,219 --> 01:07:52,619
moral quarrels about it he just does

884
01:07:52,619 --> 01:07:53,979
it because it's part of his job

885
01:07:53,979 --> 01:07:55,119
does any politician?

886
01:07:55,959 --> 01:07:58,219
no no but the others at least they try

887
01:07:58,219 --> 01:08:00,219
to look like they're not lying

888
01:08:00,219 --> 01:08:02,159
he doesn't give a shit he just says

889
01:08:02,159 --> 01:08:04,399
the lie because it needs to be

890
01:08:04,399 --> 01:08:05,479
said right then

891
01:08:05,479 --> 01:08:08,499
I don't know which is worse though

892
01:08:08,499 --> 01:08:10,279
trying to hide the lie

893
01:08:10,279 --> 01:08:11,019
don't get me wrong

894
01:08:11,019 --> 01:08:23,579
No, no, I like that. That's one of the great things he did because he sort of showed everyone the man behind the curtain in that sense, right? So, the emperor is still naked, like all the emperors.

895
01:08:23,579 --> 01:08:26,659
but as a European

896
01:08:26,659 --> 01:08:28,639
I mean we also have this

897
01:08:28,639 --> 01:08:30,559
two party system in a way

898
01:08:30,559 --> 01:08:32,859
because there's always a red side

899
01:08:32,859 --> 01:08:34,719
and a blue side and it's always even

900
01:08:34,719 --> 01:08:36,719
between them in all of the European

901
01:08:36,719 --> 01:08:37,979
countries it's all the same

902
01:08:37,979 --> 01:08:40,879
and the left side always have to

903
01:08:40,879 --> 01:08:44,659
get the support of the actual commies

904
01:08:44,659 --> 01:08:46,939
to get into power and the right side

905
01:08:46,939 --> 01:08:48,819
have to get the support of

906
01:08:48,819 --> 01:08:50,579
the nationalists

907
01:08:50,579 --> 01:08:51,819
to get into power

908
01:08:51,819 --> 01:08:54,339
and that's the dichotomy but

909
01:08:54,339 --> 01:08:56,919
at the end of the day all democracies

910
01:08:56,919 --> 01:08:58,239
tend towards that

911
01:08:58,239 --> 01:08:59,919
towards a two party system

912
01:08:59,919 --> 01:09:01,779
where there's two

913
01:09:01,779 --> 01:09:04,119
and if you look at the budgets

914
01:09:04,119 --> 01:09:06,259
it's all the same like no one wants to

915
01:09:06,259 --> 01:09:07,439
actually change things

916
01:09:07,439 --> 01:09:10,139
so it's the statist quo

917
01:09:10,139 --> 01:09:11,359
exists everywhere

918
01:09:11,359 --> 01:09:14,319
and like all the parties they always talk about

919
01:09:14,319 --> 01:09:16,139
what the state should do about

920
01:09:16,139 --> 01:09:17,919
this and that no one ever

921
01:09:17,919 --> 01:09:20,059
says the state should

922
01:09:20,059 --> 01:09:21,779
stop caring about this and that

923
01:09:21,779 --> 01:09:26,159
They should not do anything about this and that they should remove this and that.

924
01:09:26,759 --> 01:09:31,939
It's always, where do we put the more state control that we're going to, it's all.

925
01:09:32,799 --> 01:09:37,239
So where are we going to aim this being an asshole gun that we've got?

926
01:09:37,339 --> 01:09:40,039
Like it's, it's all, it's all wrong.

927
01:09:40,839 --> 01:09:46,239
But Kanu, that's the insane part to me is that it's never, nobody is ever talking about

928
01:09:46,239 --> 01:09:47,319
wherever you are in the world.

929
01:09:47,319 --> 01:09:50,379
No one's ever talking about how, well, you know what?

930
01:09:50,379 --> 01:09:53,759
how do we actually shrink the government? How do we take power away from the state?

931
01:09:53,779 --> 01:09:59,219
Well, Bitcoin, no, but I mean, uh, the, the, you know, people running for political office,

932
01:09:59,219 --> 01:10:02,639
and maybe we do need more Bitcoiners doing this from a localized standpoint first,

933
01:10:02,639 --> 01:10:08,319
and then run that on all the way up. But, but my point being, it's always just,

934
01:10:08,319 --> 01:10:12,479
well, here, we're going to give the government more power, no matter which side it is,

935
01:10:12,519 --> 01:10:14,759
whatever it's red, blue, left, right. We're going to give the government more power,

936
01:10:14,839 --> 01:10:19,619
but it's okay because we're going to be the ones deciding how to use that power. It's okay. And

937
01:10:19,619 --> 01:10:21,099
And we're better than the other guys.

938
01:10:21,459 --> 01:10:22,639
So you don't have to worry.

939
01:10:23,019 --> 01:10:28,999
Unfortunately, I think it's impossible to be like all politicians or not all.

940
01:10:29,299 --> 01:10:35,579
There are a lot of career politicians, but there are politicians that this is a better way of phrasing it.

941
01:10:35,579 --> 01:10:41,759
There are politicians that start out as good guys and they're really fighting for a cause that they believe in.

942
01:10:42,339 --> 01:10:48,619
But they get captured by the system because the system does not reward them for sticking to their guns.

943
01:10:48,619 --> 01:10:55,779
The system rewards them for adapting to whatever the current thing is.

944
01:10:56,619 --> 01:10:58,519
That's what's rewarded.

945
01:10:58,719 --> 01:11:02,719
So they get rewarded not for being honest in principle.

946
01:11:02,879 --> 01:11:08,239
They get rewarded for going with whatever direction they can go to get more votes.

947
01:11:08,499 --> 01:11:09,559
And this is how the system works.

948
01:11:09,919 --> 01:11:13,139
And it's flawed from the get-go.

949
01:11:13,699 --> 01:11:15,979
Democracy is not what you think it is.

950
01:11:15,979 --> 01:11:20,979
And a popularity contest does not make theft more ethical.

951
01:11:20,979 --> 01:11:22,979
It never has.

952
01:11:22,979 --> 01:11:23,979
It never has.

953
01:11:23,979 --> 01:11:28,979
It is an extremely flawed system.

954
01:11:28,979 --> 01:11:38,979
And it's sort of taboo to criticize it because it's always described as the worst system except all others that have been tried.

955
01:11:38,979 --> 01:11:42,979
Well, how about trying a fucking new one without this crap?

956
01:11:42,979 --> 01:11:44,979
Why do we need any of it?

957
01:11:44,979 --> 01:11:49,299
or at least shrinking it or trying to remove most of it.

958
01:11:49,379 --> 01:11:54,259
But that never happens because everyone has a survival instinct.

959
01:11:54,459 --> 01:11:59,059
No one working at any of these institutions is ever going to vote against the hand that feeds them.

960
01:12:00,219 --> 01:12:06,279
So the more time that passes, the more the cancer grows because it has to.

961
01:12:06,359 --> 01:12:07,439
It cannot not grow.

962
01:12:08,499 --> 01:12:12,959
So the only way is to opt out and bypass all of it.

963
01:12:12,959 --> 01:12:14,859
There is no other way.

964
01:12:14,979 --> 01:12:17,259
that is the lifeboat

965
01:12:17,259 --> 01:12:17,999
and the other shit

966
01:12:17,999 --> 01:12:18,779
is the Titanic

967
01:12:18,779 --> 01:12:20,559
and everyone's going

968
01:12:20,559 --> 01:12:23,119
COVID was fun

969
01:12:23,119 --> 01:12:26,039
let's try that again

970
01:12:26,039 --> 01:12:27,579
wake the fuck up people

971
01:12:27,579 --> 01:12:31,059
but again this gets back

972
01:12:31,059 --> 01:12:32,339
to the fact that most people

973
01:12:32,339 --> 01:12:34,679
most people are cozy

974
01:12:34,679 --> 01:12:35,479
and comfortable

975
01:12:35,479 --> 01:12:37,719
just kind of following

976
01:12:37,719 --> 01:12:39,799
the directives that they're given

977
01:12:39,799 --> 01:12:42,199
most people don't want to

978
01:12:42,199 --> 01:12:44,639
most people are not leaders

979
01:12:44,639 --> 01:12:49,379
and most people certainly aren't even leaders of themselves, right? They're, they're, they're,

980
01:12:49,379 --> 01:12:55,359
they're just, it's easier to be a follower. Not making decisions is easier. That's the easier

981
01:12:55,359 --> 01:12:59,379
path. That's the path of least resistance. It's the maintaining of the status quo. It's moving

982
01:12:59,379 --> 01:13:05,039
with inertia. It is much more difficult to say, no, no, I'm, I'm going to step, you know, you're

983
01:13:05,039 --> 01:13:09,099
all fucking wrong. I'm going to step over here and I'm going to, I'm going to chart my own path.

984
01:13:09,299 --> 01:13:13,499
That, that's why most people don't do it, but therein is the opportunity as well,

985
01:13:13,499 --> 01:13:19,679
right yeah there therein is therein is the the chance there is where optimistic hopeful driven

986
01:13:19,679 --> 01:13:25,959
people who actually give a shit yeah can rise above everything and optimism is a rational choice

987
01:13:25,959 --> 01:13:31,019
because you can you can choose to live either optimistic or pessimistic and this is the last

988
01:13:31,019 --> 01:13:37,819
chapter from the praxeology book it has this uh shawshank redemption analogy so uh morgan freeman

989
01:13:37,819 --> 01:13:40,379
warns

990
01:13:40,379 --> 01:13:42,619
Andy Dufresne, the main character, that

991
01:13:42,619 --> 01:13:44,519
hope is a dangerous thing

992
01:13:44,519 --> 01:13:46,599
because you're going to die in here

993
01:13:46,599 --> 01:13:48,399
and having hope is only going to give you

994
01:13:48,399 --> 01:13:50,639
it's only going to disappoint you ever

995
01:13:50,639 --> 01:13:52,619
and then

996
01:13:52,619 --> 01:13:54,279
a 90 year old inmate

997
01:13:54,279 --> 01:13:56,639
gets released and he hangs

998
01:13:56,639 --> 01:13:58,499
himself two weeks later because he's totally

999
01:13:58,499 --> 01:13:59,659
institutionalized

1000
01:13:59,659 --> 01:14:02,679
three free meals

1001
01:14:02,679 --> 01:14:03,159
per day

1002
01:14:03,159 --> 01:14:06,619
he knows his routines, he cannot function

1003
01:14:06,619 --> 01:14:14,099
on the outside as a free man and but as andy points out to red morgan freeman's character that

1004
01:14:14,099 --> 01:14:21,579
hope guess what you're gonna die anyway so you might as well live as as if hope exists and that's

1005
01:14:21,579 --> 01:14:26,639
what gets him out that and low time preference and digging that tunnel over 10 years and and

1006
01:14:26,639 --> 01:14:33,839
so i choose to live with hope because why wouldn't i it would be retarded and that's how the soviet

1007
01:14:33,839 --> 01:14:39,899
union ended by the way uh it ended the day that they started believing in that it was all that

1008
01:14:39,899 --> 01:14:46,639
the emperor didn't have any clothes like sooner or later resist is all we can do and laugh about

1009
01:14:46,639 --> 01:14:54,059
these things and more and more people are waking up i see i see it uh not every day but i see it

1010
01:14:54,059 --> 01:15:00,359
quite often normie is actually waking up and realizing that something is fucked with the

1011
01:15:00,359 --> 01:15:05,679
like seeing through the propaganda because it's it's getting more and more ridiculous by the by

1012
01:15:05,679 --> 01:15:13,459
the fucking day you know and this trump eu thing it should wake up a whole a whole bunch of other

1013
01:15:13,459 --> 01:15:18,339
people don't you think because it's so ridiculous and you may think that it's wrong that a billionaire

1014
01:15:18,339 --> 01:15:24,259
gets to do whatever but at least this guy had to work for his fucking billions he didn't get them

1015
01:15:24,259 --> 01:15:30,539
from nothing sure he got some of it from the state because of goddamn electric car subsidies that

1016
01:15:30,539 --> 01:15:37,099
shouldn't have been there but i bet he would have been successful anyway and at least now he's he's

1017
01:15:37,099 --> 01:15:42,039
trying to stand up for free speech what what what's wrong with you why why are you against that like

1018
01:15:42,039 --> 01:15:49,799
i don't get it because it's not like no one's no one is silenced on twitter have you when was the

1019
01:15:49,799 --> 01:15:53,879
last time you heard about anyone like complaining that their post didn't get

1020
01:15:53,879 --> 01:15:56,639
any attention and they had 5 million followers.

1021
01:15:56,699 --> 01:15:58,079
That just doesn't happen.

1022
01:15:58,099 --> 01:16:00,059
Like people see these things and they.

1023
01:16:00,759 --> 01:16:01,079
Yeah.

1024
01:16:01,099 --> 01:16:20,975
Well of course like the main reason for all of this uh EU bureaucrat backlash against Musk is is because he not censoring to a meaningful degree anywhere and that what it comes down to right that how you defang the system you defend the system by

1025
01:16:20,975 --> 01:16:27,275
by speaking freely by by saying like nobody will say that the emperor has no clothes until you know

1026
01:16:27,275 --> 01:16:32,055
the little boy says look he's naked obviously he's naked but if the little boy is censored and

1027
01:16:32,055 --> 01:16:36,435
it's like nope shut me can't sit then then nobody says it right but as soon as one person is able to

1028
01:16:36,435 --> 01:16:41,415
speak freely as soon as one person is able to speak and somebody else hears it that person is

1029
01:16:41,415 --> 01:16:46,035
then emboldened that's a that's a that's paying it forward it's a cascading effect right information

1030
01:16:46,035 --> 01:16:52,135
wants to be free it wants to be free it longs to be free information is rumors younger swifter

1031
01:16:52,135 --> 01:16:58,935
cousin is that the is that uh yeah some something something to that effect uh but but but this is

1032
01:16:58,935 --> 01:17:09,015
what it comes down to is the totalitarian state yeah needs a complete absence of privacy

1033
01:17:09,015 --> 01:17:16,415
and needs complete control over the uh the the memes of production you know the memes of production

1034
01:17:16,415 --> 01:17:22,055
the the modes of communication it needs both of those things because if you can be production

1035
01:17:22,055 --> 01:17:26,575
that's great i wish i came up with it yeah that's i don't remember where i heard it but somebody

1036
01:17:26,575 --> 01:17:31,815
more clever than I. But if you have either, if you have both of those things, first of all,

1037
01:17:31,835 --> 01:17:37,795
if you have both privacy, you know, if you have anonymity or pseudonymity online and you have the

1038
01:17:37,795 --> 01:17:43,235
ability to speak freely and disseminate a message, that is what thwarts the totalitarian state.

1039
01:17:43,315 --> 01:17:48,055
Because then you can speak the truth because without privacy, without some meaningful degree

1040
01:17:48,055 --> 01:17:52,775
of privacy, true free speech is impossible, right? Because if you are worried that like,

1041
01:17:52,775 --> 01:17:57,015
oh yeah you can say whatever you want but we might but we know where you live and we'll come

1042
01:17:57,015 --> 01:18:01,875
and break your knees then you know you you need to be able to say things with a degree of anonymity

1043
01:18:01,875 --> 01:18:08,315
or pseudonymity to actually be able to exercise true free speech no and if you have those if you

1044
01:18:08,315 --> 01:18:13,995
have that and that's why the totalitarian state that's why any authoritarian they they they clamp

1045
01:18:13,995 --> 01:18:18,295
down on speech they clamp down on your money and they and they make sure you have no privacy

1046
01:18:18,295 --> 01:18:23,055
and because they need it and then then then they can twist right then they can twist the thumb

1047
01:18:23,055 --> 01:18:28,455
screws in but if they don't have that ability then you can break them then they they cannot

1048
01:18:28,455 --> 01:18:35,535
last for long because again information wants to be free the truth will out and the totalitarians

1049
01:18:35,535 --> 01:18:41,355
ultimately are left fangless because they cannot keep up the illusion of their like they don't have

1050
01:18:41,355 --> 01:18:46,155
total control they don't have total control and people can speak freely and say i hate this i

1051
01:18:46,155 --> 01:18:51,735
don't want this i reject this and that's what the head is what gives us our power you know that is

1052
01:18:51,735 --> 01:18:57,055
why privacy is so fucking important and again because what is privacy it comes back to the

1053
01:18:57,055 --> 01:19:01,995
first principles you were speaking of which is the right to be left alone yeah that's what it is

1054
01:19:01,995 --> 01:19:11,135
that that's what it comes down to yeah so important to uh uh like uh define the concepts here there's

1055
01:19:11,135 --> 01:19:18,455
There's a great Rothbard book called The Ethics of Liberty, in which he explains why free speech is the wrong term to begin with.

1056
01:19:19,415 --> 01:19:26,495
Because the question that people forget to ask themselves is, free speech where?

1057
01:19:27,335 --> 01:19:35,035
And on my property, here in my house, I get to decide who gets to say what.

1058
01:19:35,395 --> 01:19:37,655
And I can discriminate as much as I want.

1059
01:19:37,655 --> 01:19:41,015
Discrimination is one of the most beautiful things we have on this planet.

1060
01:19:41,135 --> 01:19:45,635
Like, because that's what everyone does in their own homes.

1061
01:19:45,635 --> 01:19:50,155
And like, I invite people I like, I don't invite people I don't like.

1062
01:19:50,355 --> 01:19:55,755
And if they talk about things that bore me, I will not invite them again and so on.

1063
01:19:55,815 --> 01:19:58,075
And if they offend me, I might even kick them out.

1064
01:19:59,315 --> 01:20:02,335
Then again, where is free speech applicable then?

1065
01:20:02,715 --> 01:20:05,955
If there's only private property, you don't need free speech laws

1066
01:20:05,955 --> 01:20:11,115
because every property owner gets to decide who gets to say what on their property.

1067
01:20:11,135 --> 01:20:21,455
So free speech laws have to be preceded by property violations, by expropriation.

1068
01:20:21,455 --> 01:20:28,395
In order for there to be a public space, that needs to be taken from someone first.

1069
01:20:29,135 --> 01:20:30,195
So that's the first thing.

1070
01:20:30,295 --> 01:20:33,295
And the same thing is true on social media, for instance.

1071
01:20:33,595 --> 01:20:36,135
Not your platform, not your rules.

1072
01:20:36,135 --> 01:20:43,495
so whoever sets the rules on the platform is and should be the owner of the platform unfortunately

1073
01:20:43,495 --> 01:20:50,495
the state meddles with the platforms in a very mafia style way and say that you have to censor

1074
01:20:50,495 --> 01:20:57,475
this or that person it's just that mr musk is so rich so it takes a lot to pressure him to do shit

1075
01:20:57,475 --> 01:21:04,795
because he can buy himself out all the time and this is why people who are shit rich are actually

1076
01:21:04,795 --> 01:21:10,915
better defenders of free speech than politicians could ever dream of being because that means you

1077
01:21:10,915 --> 01:21:18,095
have some kind of resistance against this pressure to censor and and do all those things so

1078
01:21:18,095 --> 01:21:24,795
right now that is the very thing they're trying to use against him that he's shit rich

1079
01:21:24,795 --> 01:21:31,915
is the thing that actually saves him from all this and that you know i believe in free markets

1080
01:21:31,915 --> 01:21:41,535
I believe if there's a free market between social media platforms, people will want to be on the one with the highest free speech in it.

1081
01:21:41,835 --> 01:21:46,995
Or with the most free speech, the most free speechy platform, if you will.

1082
01:21:47,515 --> 01:21:49,655
Because there's a demand for that.

1083
01:21:50,355 --> 01:21:52,055
A natural demand for it.

1084
01:21:52,055 --> 01:21:54,575
Because people want to hear what other people have to say.

1085
01:21:54,935 --> 01:21:55,835
It's that simple.

1086
01:21:56,675 --> 01:22:00,255
So in a perfect world, yeah, there wouldn't be any coercion.

1087
01:22:00,495 --> 01:22:01,355
That's it.

1088
01:22:01,355 --> 01:22:07,635
And then you wouldn't need any free speech laws because whoever owns it dictates the rules.

1089
01:22:07,755 --> 01:22:08,435
It's that simple.

1090
01:22:09,995 --> 01:22:14,055
Well, yeah, and that's the exact, you're 100% correct.

1091
01:22:14,455 --> 01:22:15,855
And that's the exact problem, right?

1092
01:22:16,295 --> 01:22:20,055
It goes back to what we were talking about initially, which is the government doesn't give you rights.

1093
01:22:20,335 --> 01:22:22,155
They can restrict them.

1094
01:22:22,575 --> 01:22:23,375
They can only take them away.

1095
01:22:23,375 --> 01:22:32,175
And that's the thing when the government is the one that is the, uh, uh, that in control of whatever, you know, insert area you are in.

1096
01:22:32,535 --> 01:22:33,095
Yes.

1097
01:22:33,135 --> 01:22:45,095
That's why like, it's insane that any sort of centralized bureaucratic body has basically any, uh, any authority to say, no, you're, you're not allowed to say that.

1098
01:22:45,095 --> 01:22:57,835
And now, okay, even in America, if you make a specific, targeted, time-based, actionable threat against somebody, that's different.

1099
01:22:57,835 --> 01:23:05,595
If you're saying you're going to do, I'm going to go to this person's house at this time, and by the way, we should all go there to this person's house at this time.

1100
01:23:05,675 --> 01:23:08,635
Here's where they live, and we should string them up.

1101
01:23:09,935 --> 01:23:11,875
That is obviously a different thing.

1102
01:23:11,875 --> 01:23:16,115
right like this is something where you're now talking about violating that person's private

1103
01:23:16,115 --> 01:23:20,055
property you're now talking about violating the the ultimate form of their private property which

1104
01:23:20,055 --> 01:23:24,155
is themselves their body right you're talking about coercion you're talking about violence

1105
01:23:24,155 --> 01:23:30,415
but like the idea of hate speech like if i just say like i think that guy's a fucking retarded

1106
01:23:30,415 --> 01:23:36,235
idiot no no no that's that's not violence violence is violence yeah calls to violence

1107
01:23:36,235 --> 01:23:43,295
are not violence they're the silence is not violence and silence is 100 not violence that is

1108
01:23:43,295 --> 01:23:49,815
just absolute lunacy i mean that's basically that that's just a classic like communist communist

1109
01:23:49,815 --> 01:23:55,035
technique right like that's just that's just textbook the sentence i put in one of the books

1110
01:23:55,035 --> 01:24:04,655
was hate speech is a term obviously coined by someone who hated speech that's good because it is

1111
01:24:04,655 --> 01:24:11,955
it is obvious you have to hate speech in order to be pro hate speech laws and ultimately what it

1112
01:24:11,955 --> 01:24:18,315
comes down to is you and i both know this it's the people who want to restrict speech the most

1113
01:24:18,315 --> 01:24:23,295
like if or i should say let me put it a different way this is a good heuristic for people to be able

1114
01:24:23,295 --> 01:24:30,395
to analyze the uh the worthiness of the opinions of those around them if somebody seeks to restrict

1115
01:24:30,395 --> 01:24:37,415
the speech of other people, it's a pretty good chance, just like, just work this one out in your

1116
01:24:37,415 --> 01:24:41,415
own brain, you can do it. There's a pretty good chance that that person who seeks to restrict

1117
01:24:41,415 --> 01:24:46,255
the speech of others does not have a very strong argument for whatever they're peddling.

1118
01:24:46,875 --> 01:24:51,235
Because if they did, that argument would stand on its own. They wouldn't have to suppress

1119
01:24:51,235 --> 01:24:59,155
dissenting opinions. Again, this is why communists, socialists, totalitarians all want to restrict

1120
01:24:59,155 --> 01:25:04,295
speech because they don't have a good argument because their systems fucking suck that's they

1121
01:25:04,295 --> 01:25:09,475
have to restrict speech because otherwise everyone will go hey you guys this this fucking sucks like

1122
01:25:09,475 --> 01:25:16,435
this is terrible i i don't like this again anyone who is restricting speech doesn't have a leg to

1123
01:25:16,435 --> 01:25:20,955
stand on their own arguments for whatever they're peddling or shit yeah they're scared of speech

1124
01:25:20,955 --> 01:25:30,635
and and guess what uh what is speech uh on a technical level uh it's small changes in air

1125
01:25:30,635 --> 01:25:39,695
pressure it's not gonna hurt you you know like you can yell really you choose you choose how to react

1126
01:25:39,695 --> 01:25:45,775
to it that is what will hurt you if you react in the long wrong way you choose to be offended or

1127
01:25:45,775 --> 01:25:56,415
not it's like no yeah fuck you free speech uh fuck you uh hate speech laws proponents it's it's

1128
01:25:56,415 --> 01:26:02,875
it's insane like again we've gotten to this point where it's like i posted this clip uh maybe

1129
01:26:02,875 --> 01:26:07,935
yesterday of the three germans who are going there they're on 60 minutes in the u.s and like

1130
01:26:07,935 --> 01:26:12,355
it's just an insane i've seen it i've seen it the worst part is when they start laughing

1131
01:26:12,355 --> 01:26:16,955
yeah it's weird like i mean it's just like this sickening laughter where it's like you're laughing

1132
01:26:16,955 --> 01:26:24,415
about locking people up for memes yeah you like you're not on the like you are you are in the

1133
01:26:24,415 --> 01:26:40,811
wrong here you laughing about taking away somebody somebody freedom locking them in a cage because you were offended by what they said That fucking insane I got such a letter in Germany once Like this is like 15 years ago maybe when we were working on a wind farm site

1134
01:26:40,811 --> 01:26:48,471
So I was the skipper of a small crew transfer vessel to a wind farm outside a town in Germany, former Eastern Germany.

1135
01:26:49,211 --> 01:26:54,071
And we rented some apartment complex for the crews.

1136
01:26:54,071 --> 01:26:56,631
and we had

1137
01:26:56,631 --> 01:26:58,691
wifi in there and I

1138
01:26:58,691 --> 01:27:00,771
used the pirate bay and downloaded a couple

1139
01:27:00,771 --> 01:27:01,291
of movies

1140
01:27:01,291 --> 01:27:04,551
or someone else in the

1141
01:27:04,551 --> 01:27:06,671
building did or many people

1142
01:27:06,671 --> 01:27:07,311
could have been anyone

1143
01:27:07,311 --> 01:27:10,391
but it wasn't only me it was

1144
01:27:10,391 --> 01:27:12,591
a lot of us did and then we got

1145
01:27:12,591 --> 01:27:14,671
this letter or rather was sent to

1146
01:27:14,671 --> 01:27:16,571
our employer to the office

1147
01:27:16,571 --> 01:27:18,231
from a German prosecutor

1148
01:27:18,231 --> 01:27:20,531
like pay this or

1149
01:27:20,531 --> 01:27:21,671
we will sue you

1150
01:27:21,671 --> 01:27:28,711
and they they that's their industry is like sending these warning letters is basically

1151
01:27:28,711 --> 01:27:36,631
blackmail like they're sending it to to thousands and thousands of people uh like there's a 99%

1152
01:27:36,631 --> 01:27:41,411
chance that if you don't pay it they won't they won't sue anyone because they don't have a case

1153
01:27:41,411 --> 01:27:49,291
and it's pretty expensive for them to start up a whole new case against a simple file sharer

1154
01:27:49,291 --> 01:27:52,091
so but for the most part

1155
01:27:52,091 --> 01:27:54,131
like they only need a small percentile

1156
01:27:54,131 --> 01:27:54,891
of people to be

1157
01:27:54,891 --> 01:27:57,751
afraid of the consequences

1158
01:27:57,751 --> 01:27:59,151
to get them to pay

1159
01:27:59,151 --> 01:28:02,211
and of course our company paid

1160
01:28:02,211 --> 01:28:04,231
because for them it was a small

1161
01:28:04,231 --> 01:28:06,031
sum and it's like yeah yeah fuck it

1162
01:28:06,031 --> 01:28:07,771
it's like paying a

1163
01:28:07,771 --> 01:28:09,831
speeding ticket or something

1164
01:28:09,831 --> 01:28:10,711
yeah yeah exactly

1165
01:28:10,711 --> 01:28:14,171
but it's such a vile

1166
01:28:14,171 --> 01:28:15,791
phenomenon

1167
01:28:15,791 --> 01:28:19,131
and you know

1168
01:28:19,131 --> 01:28:25,971
you know what copying a file is not stealing the file because the original owner of the file still

1169
01:28:25,971 --> 01:28:31,491
has the file and this is why intellectual property laws are fucking retarded and just detrimental to

1170
01:28:31,491 --> 01:28:39,491
everyone they can only be artificially scarce all data can be copied that is why the satoshi is not

1171
01:28:39,491 --> 01:28:46,251
data by the way but it within us and this is the thing i never had a shitcoin period because the

1172
01:28:46,251 --> 01:28:51,191
thing that fascinated me from the get-go with bitcoin was the notion of something on computers

1173
01:28:51,191 --> 01:28:57,071
that couldn't be copied that was just outlandish to me like i couldn't wrap my head around that

1174
01:28:57,071 --> 01:29:05,411
it's like what do you mean it can't be copied it's information and it took me uh till now to

1175
01:29:05,411 --> 01:29:11,011
articulate properly like or till a couple of years ago and figured out that it's holy shit it's because

1176
01:29:11,011 --> 01:29:17,171
they're not on the internet they're in our heads that's it that's and it's wild when you think

1177
01:29:17,171 --> 01:29:27,471
about it but yeah it is well i mean i i hope i hope that the absurdity of the world and of these

1178
01:29:27,471 --> 01:29:33,371
control structures and those who operate within the frame of these control structures i hope that

1179
01:29:33,371 --> 01:29:39,371
the absurdity is reaching such a level where it's like escape velocity absurdity yeah again people

1180
01:29:39,371 --> 01:29:45,571
start to even people who have been asleep start to realize like the emperor has no clothes and

1181
01:29:45,571 --> 01:29:50,291
he's drunk and he's trying to tell me what words i can and cannot say like fuck this guy you know

1182
01:29:50,291 --> 01:29:56,811
it feels like we're getting close to that because and it's very heartening actually to see

1183
01:29:56,811 --> 01:30:05,651
like i i've uh i've seen a lot of uh pro europe european union posting as a result of uh this this

1184
01:30:05,651 --> 01:30:11,391
like current spat right yeah most of the people doing the pro eu like not pro europe pro european

1185
01:30:11,391 --> 01:30:15,251
union or pro european commission post like you look and it's like they're all somehow related

1186
01:30:15,251 --> 01:30:19,751
like they're on the take essentially you know in some way they're part of the bureaucratic machine

1187
01:30:19,751 --> 01:30:26,571
of course yeah but but but europeans europeans uh who are are citizens of individual european

1188
01:30:26,571 --> 01:30:32,011
countries who like you know yourself are like yeah like there's a european identity the eu has

1189
01:30:32,011 --> 01:30:35,551
nothing to do with that they don't speak for me i fucking hate those bureaucrats yeah and

1190
01:30:35,551 --> 01:30:41,771
and americans are all kind of coming together to say like yeah like fuck this like no this is this

1191
01:30:41,771 --> 01:30:46,771
is stupid like these guys what we're supposed to feel bad for the poor little politicians who are

1192
01:30:46,771 --> 01:30:51,291
like what are they really trying to throw themselves a pity party like it's that's one of the worst

1193
01:30:51,291 --> 01:30:56,471
looks is when a politician who is literally in charge of how much to steal from you every year

1194
01:30:56,471 --> 01:31:01,311
is like whoa is me i'm you know i'm being attacked on social media it's like yeah because you said

1195
01:31:01,311 --> 01:31:03,431
something fucking stupid you totalitarian

1196
01:31:03,431 --> 01:31:05,091
quat like fuck off

1197
01:31:05,091 --> 01:31:07,311
and the EU started as

1198
01:31:07,311 --> 01:31:08,931
a free trade union

1199
01:31:08,931 --> 01:31:11,011
and the only but

1200
01:31:11,011 --> 01:31:13,251
what people forget and it

1201
01:31:13,251 --> 01:31:15,091
took only a couple of decades to

1202
01:31:15,091 --> 01:31:17,431
slippery slope itself into this dystopian

1203
01:31:17,431 --> 01:31:18,991
nightmare that it is right now right

1204
01:31:18,991 --> 01:31:20,171
but

1205
01:31:20,171 --> 01:31:23,331
the thing with trade unions that

1206
01:31:23,331 --> 01:31:25,151
people don't get is that

1207
01:31:25,151 --> 01:31:27,191
they are only necessary

1208
01:31:27,191 --> 01:31:28,911
because someone put up a border

1209
01:31:28,911 --> 01:31:31,291
and stopped people from trading

1210
01:31:31,291 --> 01:31:36,951
across that border so it's the nation state's fault that the borders are in the first place

1211
01:31:36,951 --> 01:31:44,211
and that you can't send goods and services through it so bastiat to to go full circle here we're

1212
01:31:44,211 --> 01:31:50,651
back at the starting point here uh bastiat said if goods don't cross borders soldiers will

1213
01:31:50,651 --> 01:31:58,051
and that is still true and by the way tariffs are fucking horrible and stupid like it's theft too

1214
01:31:58,051 --> 01:31:59,331
It's also taxes.

1215
01:32:00,151 --> 01:32:08,051
And, you know, the thing about the U.S. that bothers me the most is, of course, the Federal Reserve.

1216
01:32:08,451 --> 01:32:16,131
Because the way I see it, at least since 1971, the U.S. is a centrally planned economy and not a free economy at all.

1217
01:32:16,431 --> 01:32:18,011
Because they have a money printer.

1218
01:32:18,691 --> 01:32:22,051
And if you have a money printer, you're a centrally planned economy.

1219
01:32:22,811 --> 01:32:24,651
You're not even socialist, you're communist.

1220
01:32:24,851 --> 01:32:26,291
And so is everyone else, by the way.

1221
01:32:26,291 --> 01:32:26,971
Yes.

1222
01:32:26,971 --> 01:32:30,131
And it's dystopian as fuck to think that.

1223
01:32:30,851 --> 01:32:34,491
But if you really, like, prices ought to fall everywhere.

1224
01:32:34,871 --> 01:32:36,231
Everything ought to be awesome.

1225
01:32:36,611 --> 01:32:38,891
We ought not to aggress against one another.

1226
01:32:39,231 --> 01:32:42,451
And instead, we live in a money-printing dystopian hellhole.

1227
01:32:42,851 --> 01:32:47,511
And we're still doing quite fine because the free market is such a powerful force

1228
01:32:47,511 --> 01:32:50,911
that we can still afford fucking good food and flying and stuff.

1229
01:32:51,171 --> 01:32:51,751
It's great.

1230
01:32:52,451 --> 01:32:54,351
But we could have it so much better.

1231
01:32:54,691 --> 01:32:56,411
It's the seen and the unseen.

1232
01:32:56,411 --> 01:32:58,431
and we never see the exponential effects

1233
01:32:58,431 --> 01:32:59,211
that could have happened

1234
01:32:59,211 --> 01:33:00,671
if the taxes hadn't been there.

1235
01:33:01,311 --> 01:33:02,671
No, so it is what it is.

1236
01:33:03,511 --> 01:33:04,991
Well, you know, it's like the communists always say,

1237
01:33:05,071 --> 01:33:06,811
well, real communism's never been tried.

1238
01:33:06,891 --> 01:33:07,431
It's like, fuck you,

1239
01:33:07,511 --> 01:33:08,951
real capitalism's never been tried.

1240
01:33:08,951 --> 01:33:09,311
No, exactly.

1241
01:33:09,591 --> 01:33:10,851
Because it's been under the yoke.

1242
01:33:11,111 --> 01:33:13,031
Like, people forget that Marx

1243
01:33:13,031 --> 01:33:14,351
was the one who advocated

1244
01:33:14,351 --> 01:33:16,151
for centralized control of credit.

1245
01:33:16,631 --> 01:33:17,751
Like, Marx is the one who advocated.

1246
01:33:17,751 --> 01:33:19,091
He said the central bank

1247
01:33:19,091 --> 01:33:20,511
was the most crucial thing.

1248
01:33:21,511 --> 01:33:21,931
And it's like,

1249
01:33:21,931 --> 01:33:24,511
God, come on.

1250
01:33:24,851 --> 01:33:25,871
You know, come on.

1251
01:33:25,871 --> 01:33:42,371
And you've seen a political compass, right? With authoritarian left and authoritarian right. And the funny thing is that the upper left corner, I think it is where it's left wing and totalitarian, they call everything else on the political compass alt right.

1252
01:33:42,371 --> 01:33:44,731
or extreme right.

1253
01:33:44,891 --> 01:33:46,431
Everything else is alt-right.

1254
01:33:47,051 --> 01:33:48,851
But the actual truth of the thing

1255
01:33:48,851 --> 01:33:50,051
is that the opposite corner

1256
01:33:50,051 --> 01:33:53,071
where there's not at all

1257
01:33:53,071 --> 01:33:54,571
totalitarian right-wing

1258
01:33:54,571 --> 01:33:55,811
or libertarianism

1259
01:33:55,811 --> 01:33:57,091
or anarcho-capitalism

1260
01:33:57,091 --> 01:33:58,571
is the only corner

1261
01:33:58,571 --> 01:34:00,431
that admits that the entirety

1262
01:34:00,431 --> 01:34:02,071
of the rest of the compass

1263
01:34:02,071 --> 01:34:02,691
is theft.

1264
01:34:04,211 --> 01:34:06,691
So it's so backwards.

1265
01:34:07,371 --> 01:34:08,571
So whenever you hear anyone

1266
01:34:08,571 --> 01:34:10,071
tell you otherwise,

1267
01:34:10,231 --> 01:34:10,631
they're wrong.

1268
01:34:12,371 --> 01:34:13,011
Yeah.

1269
01:34:14,391 --> 01:34:25,551
Anyway, Walker, I know very little, like, I don't know much more about you than when we started this interview, because it was not really an interview.

1270
01:34:25,711 --> 01:34:27,911
It's more of like a banter.

1271
01:34:28,951 --> 01:34:32,171
This is my favorite kind of conversation, Klu.

1272
01:34:32,411 --> 01:34:33,371
My favorite kind.

1273
01:34:33,851 --> 01:34:34,171
Yeah, yeah.

1274
01:34:34,611 --> 01:34:39,311
And we haven't discussed Bitcoin at all, almost, or anything else.

1275
01:34:39,691 --> 01:34:40,731
Or have we?

1276
01:34:40,731 --> 01:34:42,091
Which is interesting.

1277
01:34:42,371 --> 01:34:45,811
And I'd love to have another conversation where we get into all sorts of shit and

1278
01:34:45,811 --> 01:34:49,251
figure out where we disagree with one another because we haven't found such a

1279
01:34:49,251 --> 01:34:52,311
thing either in this conversation.

1280
01:34:52,631 --> 01:34:58,211
I know that Wisconsin is full of, uh, beer and cheese, uh, but that's about it.

1281
01:34:59,111 --> 01:35:01,251
I don't know how you and Carla met.

1282
01:35:01,571 --> 01:35:06,251
I don't know where you, what your hobbies were as a kid.

1283
01:35:06,291 --> 01:35:07,971
I don't know what your education is.

1284
01:35:07,971 --> 01:35:17,171
and honestly i think we were better off just ranting i think so too i i've enjoyed the heck

1285
01:35:17,171 --> 01:35:22,331
out of it now i need to return the favor and we can uh bitcoin podcast as bitcoin podcasters on

1286
01:35:22,331 --> 01:35:30,231
my bitcoin podcast uh you know fantastic complete the circle but no i can i always enjoy enjoy more

1287
01:35:30,231 --> 01:35:37,151
the uh uh the conversation that flows you know wherever it will there's too much i'm not a fan

1288
01:35:37,151 --> 01:35:41,691
of too much structure when it comes to these things so for me this was perfect oh thank you

1289
01:35:41,691 --> 01:35:48,891
and uh yeah right back at you i enjoyed it a lot too so and uh i'd love to come on your show and do

1290
01:35:48,891 --> 01:35:54,091
my rants there and um let's yeah let's do it let's do it whenever you gotta cross pollinate you know

1291
01:35:54,091 --> 01:35:59,971
that's yes we gotta yes send me a link somewhere and i'll come and we'll see each other in san

1292
01:35:59,971 --> 01:36:04,651
salvador won't we yes we will looking forward to yeah yeah looking forward to it's gonna be just

1293
01:36:04,651 --> 01:36:09,231
the time of the year where the winter starts getting very oppressive here in the midwestern

1294
01:36:09,231 --> 01:36:15,371
united states oh yeah yeah yeah i'll be looking forward to the el salvador sunshine oh nice yeah

1295
01:36:15,371 --> 01:36:20,751
i'm gonna spend some time in the states this summer i'm looking forward to it oh well let's

1296
01:36:20,751 --> 01:36:27,591
we'll we'll maybe do some coordination off air yeah yeah yeah we should anyway uh thank you very

1297
01:36:27,591 --> 01:36:32,871
much walker this has been the bitcoin infinity show go brush your teeth good night

1298
01:36:34,651 --> 01:37:04,630
Thank you.