Bitcoin Around the World with Paco de la India | Bitcoin Infinity Show #204

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Paco, welcome to the Bitcoin Infinity Show. Nice to have you here.

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Namaste, man. Thank you so much for having me. It's an honor.

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Thank you. Thank you to the Infinity team for having me, Omer.

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Our pleasure. It's been a while since we last saw each other.

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I think you've been not traveling as much, if I understand it correctly.

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And you were working on a book last time I talked to you.

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So we'll get into all of that.

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But before that, can you give me the TLDR on Paco della India?

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Like, what's your backstory?

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Who are you?

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For those who don't know you, who are you?

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And yeah, what do you do?

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Awesome.

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Hi, guys.

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My name is Pako.

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I am from India.

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I go by the name Pako Dela India on Twitter or X.

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In 2021, I started a journey called Run With Bitcoin.

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The plan was to travel 40 countries using Bitcoin.

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The journey was successfully completed in December 2023.

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And the entire journey was crowdfunded by the community.

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I got to see around the world how money is being scammed from people by their own government

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and how Bitcoin is a tool for these people against everything what the Bitcoiners say,

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against a hedge of inflation, against a tyranny, and in favor of freedom and all that stuff.

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But to just see as a practical, on the ground in the global South,

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countries from Asian countries to African countries to Latin American countries,

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yes, Bitcoin is money.

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That was the purpose of the journey.

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and thanks to the beautiful Bitcoin family

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around the world who hosted me,

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I was able to do this journey.

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Even though, like I just made a tweet about it,

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most of them might have been scared

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of a $5 wrench attached from me

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and I was scared for a $5 wrench attack from them.

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But by God's grace,

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there were a good two years of journey

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around the world to show

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humans of Bitcoin are kind of people.

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Yeah, I mean, a wrench is around $21 today

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because of inflation, but yeah.

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Yeah, I saw some of it, some of the journeys were with our mutual friend, Yo Nakamoto, right? He was part of that. Was that in South America? Where were you joined? Like, what did you do with him? Where were you with him?

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he's an angel

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he started from

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he used to go for

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Cointelegraph

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and he helped me

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cover a story on me

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and then he joined me

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along with El Salvador

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Senegal

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we did Peru together

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Cuba together

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and Miami

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he was the one

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who took me to

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Sailor's home

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so he's been really kind

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it's a great person

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to hang out with

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a great athlete

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and a great

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hard work man

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great hard working man

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so that's how

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I got to travel with him

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he joined me along

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my journey

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so grateful to him

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Yeah, I mean, I talk to him every now and then.

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I last saw him in Bedford here for Sheet Code,

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and I always get embarrassed by how much more productive he is than me

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and how many more countries he visits.

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Like, I think my schedule is retarded busy, but his is like double mine.

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So, yeah, what can you do?

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So what are you working on at the moment?

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And this book, is it coming? Is it out already?

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Like, what's the story there?

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First of all, kudos to you for writing books.

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It is not easy, guys.

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If you have time, think about it.

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If you have money, still think about it.

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If you have passion, still think about it, you know.

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It ain't easy, man.

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It ain't easy to look back into your past

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and be an accountant of your own life

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and to bring it down in beautiful words

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so that the reader can have great fun.

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I really admire you.

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I respect you, man.

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Kudos to you, man.

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I'll start from there.

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To all the writers who are writing,

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to having your ass sitting at one place

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and your mind doing wonders

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while you bring down those beautiful words to paper.

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I started the journey in July 2024

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to start writing the book.

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I hit a lot of roadblocks and understanding.

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First of all, it took me a year to understand

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that I'm not a writer.

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But eventually I got through that.

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A year later, I knew that I wanted to have

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one story from each country.

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I traveled 42 countries.

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so I got one story from each country penned down but then I started finding editors and back to

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back I had challenges to work with someone finally I found a editor friend he's also like a ghost

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writer we are rewriting the book we are halfway through it as I can speak to you as of now we

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have done 400 days of journey 23 countries covered here at about page number 135 so not a big fat

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book but small anecdotal book so the book is making progress and we got the rest half I think

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So another 75 pages to go, which covers the Latin American and the Central American section.

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So the first half is Africa and Asia.

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And the second half is Latin America and Central America.

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So that's where my book stands as of now.

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When do I see this coming out?

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I see this coming out in about six, eight months more.

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There has been a lag.

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The war has affected me in ways that one can't understand.

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But yeah, that's where my book is.

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The tentative title is called Proof of War because it was all around the world traveling.

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I was constantly moving and the Bitcoin community was constantly supporting me with their sats.

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They could have hordered the sats, but they were really kind enough to be like,

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here, take some, use it as money and spread the sats, let the sats flow.

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So that's how the book journey has been so far.

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And these are some really beautiful stories.

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Two pages, three pages, less theory, more practical.

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And to just show, yes, if there is a Bitcoin theory, what is the practical?

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So that's the agenda to entertain people and let them have a little fun.

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because yes, the world is green.

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There is war, there is pain,

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there is trouble on the government

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and blah, blah, blah.

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So that's where we are with the book as of now.

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That sounds awesome.

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Looking forward to it.

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And I think you say you're not a writer,

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but I think I have some encouraging words for you

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because you strike me as a guy

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that doesn't sit still very often,

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that doesn't work well with sitting still.

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You seem like you're always running around

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and you need to move,

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like you need to be like this high energy stuff and when i write my stuff like most of the writing

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is done when i'm walking like and and just thinking of stuff like the actual pressing of the keys on

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the keyboard is like maybe 20 of it whilst the 80 of it is just uh thinking about what to write

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while walking so that's and it's been sort of key for me to to figure that out and uh after the first

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book, people started asking me questions about when did you start writing the book? And I realized

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that that's an impossible question to answer. Like there is no starting point. I know that it's not

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when I press the first key and write the first letter. I know it's way earlier than that, but

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there's no way to know when you started thinking about these things because like everything's

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connected, right? From birth and onward. It's impossible to say when a creative work starts.

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It's possible to say when it ends because you release it and now it's out there in the open and it's not yours anymore.

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But when it starts, impossible to answer.

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Thank you for this good suggestion to me.

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I will walk and talk to myself.

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Yes, you're right. You got me right.

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I like to run a lot before and I just have this active person where I just like to be social around with people and have a good time, you know, because people never forget how you make them feel.

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and keeping that in agenda,

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I stay in the moment.

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We have met so many times

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and we just have a good laugh about it.

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We enjoy the moment.

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But writing, yes, my God.

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I remember, not,

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I met John Perkins

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from Confessions of an Economic Hitman.

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Yeah.

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I'm good to meet this guy

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and he told,

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he was on the stage

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and he went on to say,

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by the time you're done writing the book,

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it will teach you two things.

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It's humility and patience.

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And I feel so like,

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yeah, it does teach you.

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You have written like three books?

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Five in total.

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Even though the first two are more pamphlets than books.

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They aren't very long.

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None of my books are very long.

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The longest is Praxeology, which is around 200 pages.

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But yeah, five in total.

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They're behind me here, if you can see them.

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Yeah, yeah, yeah.

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Wow, man.

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This is fantastic, Manute.

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Thank you for writing.

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Thank you for setting up the runway for us next coming generation to take over, you know,

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come over and fly with you and to spread the knowledge of hyper-bitconization or time,

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per se, simple, time, because we all take a lot of things for granted in our life.

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Yeah. I mean, to me, the book writing process was very enjoyable. And the first book is sort of,

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I promised myself to write a page a day for the entire year.

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And I broke the promise after 106 days because I got bored with it.

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But still, that became Sovereignty Through Mathematics.

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And that book was way more successful than I could have ever imagined.

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So I'm very grateful for everything, all the knock-on effects that happened because of that, of course.

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And I think writing makes you a better talker and a better speaker.

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and a better debater because what it does is it allows you to structure your thoughts into a more

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coherent narrative and also like talking and talking to people and explaining things to people

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makes you a better writer so it's like a self-reinforcing group this is of course if you

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write i don't know how that works if you write stories from different countries as you do but i

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I suspect that that makes you a better speaker too, because you have to tell it as a story.

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That's true for whatever you write.

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I plow hours and hours into watching breakdown videos of different television series and movies and stuff,

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and study character development and hero's journey and stuff.

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I'm just addicted to that because I find storytelling fascinating.

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We communicate through stories, and it's a beautiful thing.

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So it's a deep interest of mine.

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Yeah, yeah, yeah.

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I'm starting to see my editor had told me gossip is the bedrock of civilization.

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And we started everything.

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We should stand by the fire and narrate a story.

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Thousands of years later, we talk about the Roman Empire and the Ottoman Empire.

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And it's all a storytelling skill.

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As of now, yes, I agree with you.

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Like the chapters that I've covered from Sri Lanka and Nigeria

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have become these small little bites, small little stories of two pages that I can sit with anyone and narrate them.

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And it has just made me realize that, yes, people like listening to this.

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I'm a good orator and now I'm polished.

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So these are the pros that have come out from this two years journey of just sitting and trying to calm down your mind

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because your mind is just so filled with things happening, you know, hundreds of things.

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And just to bring it down to a piece of paper, which is palpable for the readers, for them to have fun.

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so yeah i agree with you on those things it's a slow gradual process and really grateful that

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the community has come to support me to make it take it forward to easier said than done

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yeah yeah definitely so other than the book what what are you working on right now like

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what's happening in your life i'm not about apart from the book so when i started writing the book i

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the reason i started this was because i heard this guy called he's a south african toastmasters

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great orator, Vusi. Yeah, in one of his talks, he had said that you should look into your

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hindsight to prepare for your foresight. So when I finished my journey, I'm an avid traveler.

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I was traveling since 2015. So once I finished my journey in 2023, I was thinking, I don't want to

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travel anymore. What do I do next? How do I fit into the Bitcoin ecosystem? What do I look into

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my hindsight to have a foresight? So over the last two years, I started trying different other

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things some work some not but as of today there are about three four things that are working which

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i would be happy to share one was the bit x we have a team of five people here we build bit x's

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in india and we build the steel plates so for your private keys that happened over a year we won two

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pitch contests so our team is called bit asha asha means hope and the indian dialect a hindi dialect

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so that's one thing that i've been up to the second thing was started a non-profit called

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waterfall fund the agenda of this is to bring back the bitcoin faucet to give out sats to new

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projects it was started with mark perry he is from the united states myself and now we have

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a third board member called santosh from chicken of bitcoin so we started off with a grant of 20

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000 that was given not a grant donation and we gave away a project we gave away sats 200

243
00:12:45,860 --> 00:12:50,660
worth of sats to multiple projects the reason i chose 200 was because somebody gave me my first

244
00:12:50,660 --> 00:12:56,980
$200. And then it became a history. It became a journey in itself. So those are the two things.

245
00:12:58,020 --> 00:13:03,380
Waterfall Fund, this. Working on Bhartia Bitcoin, which is making Bitcoin content in regional

246
00:13:03,380 --> 00:13:08,740
language. We have 26 constitutional languages in India. So bringing one-one-minute videos in

247
00:13:08,740 --> 00:13:13,540
regional language for people. And the book. We have three, four projects that are working on

248
00:13:13,540 --> 00:13:18,340
the side-by-side and hoping to organize a Bitcoin conference in India in November.

249
00:13:18,340 --> 00:13:20,180
Would you be interested to come if we do that?

250
00:13:21,040 --> 00:13:21,480
Absolutely.

251
00:13:21,840 --> 00:13:25,460
I've been invited to Bangor a couple of times,

252
00:13:26,320 --> 00:13:30,520
but I haven't been able to make it yet down to India.

253
00:13:30,700 --> 00:13:32,500
But always interested, of course.

254
00:13:32,620 --> 00:13:33,420
Sounds super cool.

255
00:13:33,640 --> 00:13:36,720
And I've never been to India, so I'd like to see it one day.

256
00:13:38,180 --> 00:13:38,580
Definitely.

257
00:13:39,020 --> 00:13:40,500
We'd like to welcome you to India.

258
00:13:41,320 --> 00:13:42,600
It's called Atiti Devo Bhava.

259
00:13:42,900 --> 00:13:44,100
It's like guest as God.

260
00:13:44,680 --> 00:13:45,480
Yeah, yeah, yeah, yeah.

261
00:13:45,480 --> 00:13:58,314
I love Indian culture Whenever I meet Indian people they always kind And there is actually a reading of Bitcoin the inverse of clown world my latest book that I wrote with Luke DeWolf

262
00:13:59,114 --> 00:14:02,514
Bitwala, I think the name is, an Indian channel

263
00:14:02,514 --> 00:14:05,474
who made an entire series of that.

264
00:14:05,954 --> 00:14:09,754
So they read the book and I absolutely love hearing,

265
00:14:09,994 --> 00:14:12,074
like I never expected that to hear my book

266
00:14:12,074 --> 00:14:13,534
in an Indian accent.

267
00:14:15,214 --> 00:14:16,394
It's fantastic.

268
00:14:16,394 --> 00:14:23,994
Yes, human beings do things because they feel uneasy and then they want to remove the uneasiness and stuff like that.

269
00:14:24,234 --> 00:14:26,994
It's just great. I just love the dialect.

270
00:14:28,794 --> 00:14:31,974
It sounds so friendly and open.

271
00:14:32,274 --> 00:14:35,334
So, yeah, I'd love to see India one day.

272
00:14:36,134 --> 00:14:38,954
By the way, is there anywhere else?

273
00:14:39,154 --> 00:14:41,234
You're back in India and tired of traveling.

274
00:14:41,814 --> 00:14:45,994
Is there anywhere else in the world that you'd consider living in?

275
00:14:45,994 --> 00:14:47,314
like rather than India?

276
00:14:47,514 --> 00:14:48,714
Have you thought of that?

277
00:14:49,114 --> 00:14:51,314
Yeah, yeah, yeah, yeah, yeah.

278
00:14:51,894 --> 00:14:53,774
I think you can help me out your note today.

279
00:14:53,934 --> 00:14:55,594
It's a very big question you've asked me.

280
00:14:55,754 --> 00:14:57,374
I love Spanish, hablo Spaniel.

281
00:14:58,034 --> 00:14:59,534
I love the Latin culture.

282
00:14:59,894 --> 00:15:01,654
And I've always wanted to stay in Peru

283
00:15:01,654 --> 00:15:03,554
or in Mexico for that matter

284
00:15:03,554 --> 00:15:06,074
because I love their food coming from the land of curry

285
00:15:06,074 --> 00:15:07,314
and spices, India.

286
00:15:07,594 --> 00:15:10,094
Peru and Mexico have this thing that can be offered.

287
00:15:10,514 --> 00:15:12,514
But then that I have a little fear in me.

288
00:15:12,514 --> 00:15:14,774
I'm like, what if I find a girl

289
00:15:14,774 --> 00:15:20,234
and then five years later when I'm 35 or 15 and I just want to go back to my roots, India.

290
00:15:21,034 --> 00:15:22,494
I live with that thing.

291
00:15:22,794 --> 00:15:23,894
So what should I do, you know?

292
00:15:24,174 --> 00:15:27,814
Should I go for my calling, go towards the Latinas?

293
00:15:27,974 --> 00:15:31,434
Because my culture, my food, my people, my language, you know,

294
00:15:31,454 --> 00:15:33,534
like sometimes I want to watch a Bollywood movie.

295
00:15:34,034 --> 00:15:37,274
Like how will I be translating it to my Habibi, to me Amur?

296
00:15:37,794 --> 00:15:39,054
So I have this question.

297
00:15:39,234 --> 00:15:40,774
What would you advise me to?

298
00:15:41,134 --> 00:15:42,734
Well, this is a tricky one.

299
00:15:42,734 --> 00:15:47,414
By the way, before that, have you seen Star Wars, the Bollywood version of Star Wars?

300
00:15:47,794 --> 00:15:51,314
Like this, or maybe it's a dubbed version where they do the Indian dialect.

301
00:15:51,954 --> 00:15:55,194
Admiral Russell came out of lightspeed crew too close to the system.

302
00:15:55,734 --> 00:15:56,774
It's hilarious.

303
00:15:57,094 --> 00:16:01,154
Anyway, but I won't make fun of the Indian dialect more.

304
00:16:01,974 --> 00:16:03,274
Please, go for it.

305
00:16:03,394 --> 00:16:04,034
You're the host.

306
00:16:04,534 --> 00:16:06,934
But yeah, Latino countries.

307
00:16:07,074 --> 00:16:10,214
I mean, I love El Salvador personally for obvious reasons.

308
00:16:10,214 --> 00:16:14,094
I mean, the Bitcoin thing, I think it's glorious.

309
00:16:14,534 --> 00:16:32,174
What they're doing, what Bukele did by officially saying that Bitcoin is an official currency and stuff and like helping push adoption is remarkable because what he's doing is that he's removing his successor's ability to gain power over people.

310
00:16:32,394 --> 00:16:37,154
It is truly empowering the people and disempowering the politicians in the long run.

311
00:16:37,274 --> 00:16:39,094
So I think that's a spectacular move.

312
00:16:39,094 --> 00:16:42,874
And yes, I'm not paid by Bukele to say this.

313
00:16:43,014 --> 00:16:45,094
I have been to a dinner with him.

314
00:16:49,854 --> 00:16:52,934
People have called me a hypocrite for going to a dinner with him.

315
00:16:53,034 --> 00:16:55,734
But what the hell was I supposed to do?

316
00:16:55,854 --> 00:16:56,434
Say no?

317
00:16:56,834 --> 00:16:59,574
Like, and get thrown in jail instead?

318
00:17:01,234 --> 00:17:02,474
No, he wouldn't do that.

319
00:17:02,574 --> 00:17:05,614
But anyway, it was a very, very nice dinner.

320
00:17:05,714 --> 00:17:07,414
And it's an interesting guy to talk to.

321
00:17:07,414 --> 00:17:08,714
I can tell you that.

322
00:17:09,094 --> 00:17:17,374
he has a sense of humor and i appreciate that so uh so i think el salvador and el santa and

323
00:17:17,374 --> 00:17:23,194
mike and all he's done for bitcoin adoption there it's it's just i just love it it feels like if not

324
00:17:23,194 --> 00:17:28,314
a second home i wouldn't say it feels like a second home yet but it feels like like going from

325
00:17:28,314 --> 00:17:34,634
europe where where bitcoin when you tell people that you work in bitcoin and and for bitcoin they

326
00:17:34,634 --> 00:17:39,154
They look at you like, uh-huh, you're one of those, like you're a criminal or something.

327
00:17:39,274 --> 00:17:46,054
And the states want to label you a criminal for knowing 12 words and not using.

328
00:17:46,234 --> 00:17:51,474
So they want to punish you for refusing to use money that they can print.

329
00:17:51,934 --> 00:17:54,754
And when you think about what that is, it's just simply vulgar.

330
00:17:54,754 --> 00:17:58,394
But then you go to El Salvador and you're treated with enormous respect.

331
00:17:58,394 --> 00:18:01,094
and like it's very noticeable to me

332
00:18:01,094 --> 00:18:04,494
that the difference in attitude of people in El Salvador

333
00:18:04,494 --> 00:18:06,054
in comparison to Europe.

334
00:18:06,374 --> 00:18:09,614
So I'd say, yeah, I have thought about moving there,

335
00:18:09,714 --> 00:18:12,314
but it's a big deal to move an entire family.

336
00:18:14,134 --> 00:18:16,794
Other places that feel like second homes

337
00:18:16,794 --> 00:18:20,014
is of course Lugano where I've done a lot of work,

338
00:18:20,154 --> 00:18:22,934
but Lugano also feels a tad too posh for me,

339
00:18:23,034 --> 00:18:23,834
for my taste.

340
00:18:24,614 --> 00:18:26,934
I'd go bankrupt after a month there.

341
00:18:26,934 --> 00:18:29,854
So we'll see, but it's tricky.

342
00:18:30,114 --> 00:18:34,434
Just remember that you are right about it being harder to move after.

343
00:18:34,774 --> 00:18:38,014
If you get a family, it's harder to move around.

344
00:18:38,114 --> 00:18:38,794
Of course it is.

345
00:18:39,494 --> 00:18:42,454
It's not impossible, but it's harder and costlier.

346
00:18:42,834 --> 00:18:43,294
Absolutely.

347
00:18:43,694 --> 00:18:48,274
Not only in terms of money, but in terms of effort and energy and time.

348
00:18:48,754 --> 00:18:50,394
It takes time to move a family around.

349
00:18:50,714 --> 00:18:55,454
And the kids and the wife, they all form bonds with people wherever they are.

350
00:18:55,454 --> 00:18:58,134
and it can be hard to tell them to leave again.

351
00:18:58,414 --> 00:19:00,454
Like now here in Spain, like the first years,

352
00:19:00,574 --> 00:19:03,554
especially my daughter, she wanted to go back to Sweden,

353
00:19:03,554 --> 00:19:07,834
but now she absolutely doesn't want to move anywhere else than here

354
00:19:07,834 --> 00:19:09,394
because like all her friends are here.

355
00:19:09,574 --> 00:19:14,214
So like, yeah, kids adapt, but they also don't want to move that much.

356
00:19:14,374 --> 00:19:17,634
And I know from my childhood, I was very reluctant to move.

357
00:19:17,814 --> 00:19:21,294
But I'm glad that I did move around a bit and get to see the world.

358
00:19:21,474 --> 00:19:25,154
I mean, I spent some of my childhood in various African countries

359
00:19:25,154 --> 00:19:31,714
and that was very interesting and gave me a perspective, I think, that most kids didn't have.

360
00:19:32,834 --> 00:19:42,514
So yeah, no, life advice. I mean, follow your heart is probably the thing I'd advise you to do.

361
00:19:43,874 --> 00:19:49,794
Fair enough. Yeah, gut feeling. Thank you. The gut feeling, the brain plays mighty,

362
00:19:49,794 --> 00:19:56,434
the mighty brave and encouraging his heart and all that things um and salvador many touch topic

363
00:19:56,434 --> 00:20:02,194
on el salvador i don't know i have seen el salvador in different forms 2015 it was there i've written

364
00:20:02,194 --> 00:20:06,434
this in the book when i reached uh it's a great chapter el salvador i call it the el pulgar

365
00:20:06,434 --> 00:20:13,474
city latino america a little thumb of latin america 2015 i heard gunshots just below my house

366
00:20:13,474 --> 00:20:17,794
and it was the very, I was out surfing back then,

367
00:20:18,234 --> 00:20:19,374
just hitchhiking around.

368
00:20:19,994 --> 00:20:23,974
And then 2023, 2022, I was able to walk down freely

369
00:20:23,974 --> 00:20:26,354
through the downtown area and being not worried

370
00:20:26,354 --> 00:20:29,394
about my safety at 2 a.m. after a great Bitcoin meetup

371
00:20:29,394 --> 00:20:30,714
in downtown Salvador.

372
00:20:31,254 --> 00:20:33,754
So it was beautiful to see how the countries come through,

373
00:20:34,034 --> 00:20:36,354
how it is both a bukele and a Bitcoin revolution

374
00:20:36,354 --> 00:20:39,854
because without safety, there cannot be any progress.

375
00:20:39,854 --> 00:20:42,814
And safety was needed first and then followed by Bitcoin.

376
00:20:43,474 --> 00:20:49,514
And now to look back at it, them pulling back on from all of those things, I just feel they're doing what's necessary for the country.

377
00:20:49,794 --> 00:20:54,034
Maybe Bitcoin was just a marketing machine to make their country famous.

378
00:20:54,674 --> 00:20:57,614
But it did bring back, as it was said, brain game.

379
00:20:57,854 --> 00:20:58,774
It came back to them.

380
00:20:59,654 --> 00:21:00,874
People started coming back.

381
00:21:01,554 --> 00:21:03,314
They did not have a central bank to oppose to.

382
00:21:04,454 --> 00:21:07,834
And definitely a lot of big players have benefited from here.

383
00:21:07,834 --> 00:21:13,394
We can just see the lot of support that Bitfinex team has given to El Salvador's current president.

384
00:21:13,474 --> 00:21:19,614
to the current government and to bring back financial sovereignty to people over these years

385
00:21:19,614 --> 00:21:25,814
which to a country that was not safe man just to see that thing you know are people using it i do

386
00:21:25,814 --> 00:21:32,094
not know but i think so there is no set way set method for hyperbitconization everybody is doing

387
00:21:32,094 --> 00:21:37,694
in their way jack dorsey gives 10 million dollars in a faucet and el salvador gives 30 dollars of

388
00:21:37,694 --> 00:21:40,154
Bitcoin and the Achievo wallet to millions of people.

389
00:21:41,374 --> 00:21:44,914
Bitcoin Beach helping with Bitcoin circular economies.

390
00:21:45,714 --> 00:21:48,414
Like look in Africa, so many communities are popped up.

391
00:21:49,294 --> 00:21:51,414
I feel there is every, everybody is doing the right way.

392
00:21:51,614 --> 00:21:52,494
You write books.

393
00:21:52,614 --> 00:21:54,194
There are so many people.

394
00:21:54,354 --> 00:21:55,734
There are so many podcasts out there.

395
00:21:56,234 --> 00:21:59,694
Everybody is preaching the same thing that yes, Bitcoin is money.

396
00:22:00,174 --> 00:22:01,554
And everybody is using it in their way.

397
00:22:01,634 --> 00:22:04,794
So I have no qualms against Salvador as such per se.

398
00:22:05,214 --> 00:22:06,994
I feel everybody is doing what is necessary.

399
00:22:06,994 --> 00:22:10,014
and given that it's a game of power and money,

400
00:22:10,274 --> 00:22:12,754
so there will be little changes up and down amongst people.

401
00:22:13,334 --> 00:22:15,754
Even though they call you that you are a hypocrite,

402
00:22:15,974 --> 00:22:16,614
I know that.

403
00:22:17,334 --> 00:22:20,594
You are just a man who is there and just seeing

404
00:22:20,594 --> 00:22:22,334
and you are part of it.

405
00:22:22,734 --> 00:22:24,494
And you will take your man,

406
00:22:25,494 --> 00:22:26,954
you have knowledge, you have expertise,

407
00:22:27,294 --> 00:22:28,034
you have experience,

408
00:22:28,454 --> 00:22:31,274
and you did what was best to the given to your knowledge,

409
00:22:31,514 --> 00:22:33,614
to the given to the best circumstances you had back then.

410
00:22:34,574 --> 00:22:36,074
Well, thank you for those words.

411
00:22:36,074 --> 00:22:38,074
that it's exactly how I view it too,

412
00:22:38,334 --> 00:22:40,134
although I'm too humble to say that.

413
00:22:40,794 --> 00:22:43,494
Yeah, you talked about the food there.

414
00:22:43,634 --> 00:22:46,694
That's interesting because I think there is a connection

415
00:22:46,694 --> 00:22:52,874
from Indian food to Mexican food or Latino food.

416
00:22:53,234 --> 00:22:56,194
And it's cumin, right?

417
00:22:57,114 --> 00:22:59,534
A lot of it is cumin-based.

418
00:23:00,714 --> 00:23:03,554
And of course, the chilies as well.

419
00:23:03,554 --> 00:23:05,034
There are many connections.

420
00:23:06,074 --> 00:23:06,554
Yeah.

421
00:23:08,254 --> 00:23:09,894
No, that's interesting.

422
00:23:11,034 --> 00:23:14,294
But this is not a food pod, so maybe we shouldn't talk about food.

423
00:23:15,174 --> 00:23:19,494
You also mentioned Bitcoin is money.

424
00:23:20,094 --> 00:23:24,394
Have you taken any stance on the whole Spam Wars thing and BIP-110?

425
00:23:24,634 --> 00:23:25,034
Yeah, definitely.

426
00:23:25,394 --> 00:23:25,954
Oh, you have?

427
00:23:26,574 --> 00:23:27,854
I have, 100%.

428
00:23:27,854 --> 00:23:31,414
Dude, brother, note to everybody who's listening to this, man.

429
00:23:31,834 --> 00:23:32,834
Man, I'm an Indian.

430
00:23:33,114 --> 00:23:33,754
You're a Swedish.

431
00:23:33,754 --> 00:23:35,794
There's an Afghani and there's an American.

432
00:23:36,074 --> 00:23:36,854
We all are equal.

433
00:23:37,094 --> 00:23:41,074
Bitcoin defeats the purpose of race, color, religion, creed, caste, everything.

434
00:23:41,654 --> 00:23:45,474
And if you bring on this dirty censorship on this, you defeat the most important thing on it.

435
00:23:46,014 --> 00:23:46,634
What is this?

436
00:23:46,874 --> 00:23:48,434
And what is censorship resistant?

437
00:23:48,934 --> 00:23:51,734
Then you just come and say, no, we are the Asardotes.

438
00:23:51,974 --> 00:23:52,914
We are the Brahmins.

439
00:23:53,054 --> 00:23:54,814
We are the fathers of this church.

440
00:23:55,114 --> 00:23:56,934
And we are going to tell you what is good for you.

441
00:23:57,374 --> 00:23:57,854
Yeah, sure.

442
00:23:57,894 --> 00:23:58,954
You can tell us what is good for us.

443
00:23:58,954 --> 00:23:59,994
But censorship resistance?

444
00:24:00,514 --> 00:24:03,494
Imagine you come on to censorship what Iran is doing with Ayatollah.

445
00:24:04,194 --> 00:24:04,594
Okay.

446
00:24:04,854 --> 00:24:05,954
I am like, yeah.

447
00:24:06,074 --> 00:24:07,774
I'm like, yo, you did it.

448
00:24:07,794 --> 00:24:10,494
You celebrated with champagnes and popped bottles with taproot

449
00:24:10,494 --> 00:24:13,134
while I was just entering BTC ecosystem in 2021.

450
00:24:14,014 --> 00:24:15,854
And there we are, 2023, 2025.

451
00:24:16,894 --> 00:24:17,854
So that's my take on it.

452
00:24:18,934 --> 00:24:21,014
You don't...

453
00:24:21,014 --> 00:24:22,834
censorship resistance doesn't work, man.

454
00:24:22,834 --> 00:24:26,714
If I give you a very simple example, which comes to my mind,

455
00:24:28,114 --> 00:24:31,254
it's like there is a bus stop, right?

456
00:24:32,014 --> 00:24:33,314
A central city bus.

457
00:24:33,674 --> 00:24:35,614
All the buses come in there, right?

458
00:24:36,074 --> 00:24:43,014
And suddenly now this bus stop is saying like, hey, I cannot give you 10 kg of luggage or 20 kg of luggage.

459
00:24:43,794 --> 00:24:45,034
So what are you going to do?

460
00:24:45,094 --> 00:24:46,354
You're going to go outside the bus stop.

461
00:24:46,494 --> 00:24:47,834
There are those private buses, right?

462
00:24:48,074 --> 00:24:50,614
They are going to go out and they're going to take a bus from there.

463
00:24:51,254 --> 00:24:52,914
Yeah, that's a good analogy.

464
00:24:53,874 --> 00:24:54,374
They will go.

465
00:24:54,674 --> 00:24:55,654
So that's my take.

466
00:24:56,034 --> 00:24:56,494
Okay.

467
00:24:56,654 --> 00:25:02,394
So I guess then from that logic, you are not pro BIP 110.

468
00:25:02,394 --> 00:25:11,054
this is interesting because i am and i'm gonna devil's advocate it for you nice there you go let's

469
00:25:11,054 --> 00:25:17,834
go help me i'm merely a user i'm merely a user that's what yeah go for it i think you mentioned

470
00:25:17,834 --> 00:25:24,374
2023 the the luggage problem because the luggage problem is that all the buses that people normally

471
00:25:24,374 --> 00:25:30,854
take are now crammed with luggage in the passenger seats instead of passengers so there there's crap

472
00:25:30,854 --> 00:25:36,174
there instead of monetary transactions if we follow the analogy so yeah yeah sure you can do

473
00:25:36,174 --> 00:25:41,894
the luggage thing with the with the private buses that are coming in anyway but the way i see it you

474
00:25:41,894 --> 00:25:48,234
shouldn't cram the the normal buses with luggage so that no passengers can can sit in the buses

475
00:25:48,234 --> 00:25:55,874
i think that what what bip 110 is is it's just trying to temporarily take bitcoin back to 2023

476
00:25:55,874 --> 00:26:00,834
or 2022, basically, before this whole Taproot thing happened.

477
00:26:01,074 --> 00:26:03,554
And in hindsight, I think Taproot was a mistake,

478
00:26:03,674 --> 00:26:05,994
and I regret signaling for it.

479
00:26:06,534 --> 00:26:09,014
Because if you look at Taproot addresses,

480
00:26:09,014 --> 00:26:11,174
like what they're actually being used for,

481
00:26:11,554 --> 00:26:13,734
they're not being used for increased privacy.

482
00:26:13,734 --> 00:26:17,734
They're not being used for all the things they were advertised as being good at.

483
00:26:17,834 --> 00:26:21,114
Instead, they're being used to spam the chain.

484
00:26:21,314 --> 00:26:23,594
And if this is a legit attack, which it might be,

485
00:26:23,594 --> 00:26:26,354
if you have a money printer and you can infinitely print money,

486
00:26:26,734 --> 00:26:28,074
then how would you destroy Bitcoin?

487
00:26:28,214 --> 00:26:29,594
And this is one attack factor.

488
00:26:30,034 --> 00:26:33,134
So I think the thing people miss about Bitcoin

489
00:26:33,134 --> 00:26:35,434
is that they think that this wall of energy,

490
00:26:35,434 --> 00:26:39,214
this proof of work thing is the thing that secures it.

491
00:26:39,614 --> 00:26:42,114
But that means nothing if not like the rules

492
00:26:42,114 --> 00:26:45,634
we're guarding it with are robust,

493
00:26:45,794 --> 00:26:46,774
but they're only robust.

494
00:26:46,974 --> 00:26:50,194
Like what rules are we protecting here?

495
00:26:50,294 --> 00:26:52,194
And that's always up to the users.

496
00:26:52,354 --> 00:26:53,414
That was always the case.

497
00:26:53,594 --> 00:26:58,614
If the users form consensus around something, then that's the rules that count.

498
00:26:59,294 --> 00:27:06,734
And I think that this consensus change, temporary, I should say temporary because it's crucial that it's temporary.

499
00:27:06,934 --> 00:27:08,254
Otherwise, I would be against it.

500
00:27:08,254 --> 00:27:14,594
It's just making the business model of these people who actively want to hurt Bitcoin a little less viable.

501
00:27:14,894 --> 00:27:17,394
And if it works as intended, we'll see.

502
00:27:17,394 --> 00:27:26,914
And it's also sending a signal to developers that they cannot really implement changes, even on the policy level, that the users are against.

503
00:27:27,094 --> 00:27:40,814
If this succeeds, because this is simply a reaction to the controversial change to mempool policy that Core implemented in version 30, which is the opening up of the op return.

504
00:27:41,434 --> 00:27:52,969
And thereby a lot of the community said no we not having it If you refuse to do this on mempool policy level we have to take it to consensus level And now we trying to soft fork it temporarily to solve the problem

505
00:27:53,529 --> 00:27:55,189
And I think that's a good thing.

506
00:27:55,189 --> 00:28:00,289
When I see this happening, I see the Bitcoin community reacting as it should.

507
00:28:00,449 --> 00:28:03,489
Like it's Bitcoin's immune system attacking the virus.

508
00:28:03,789 --> 00:28:07,949
There's something is attacking Bitcoin and the immune system kicks in

509
00:28:07,949 --> 00:28:11,569
and tries to kick those fuckers out because we don't want them here.

510
00:28:11,709 --> 00:28:14,289
Bitcoin is permissionless money.

511
00:28:14,529 --> 00:28:16,349
It's not permissionless per se.

512
00:28:16,469 --> 00:28:21,009
It's supposed to be money for everyone, money regardless of where you were born.

513
00:28:21,009 --> 00:28:26,549
And if there's spam, especially adoption in developing countries,

514
00:28:26,809 --> 00:28:34,429
that's where it hurts the most because higher fees hurt people in poorer countries more, of course,

515
00:28:34,429 --> 00:28:41,069
which is why we should keep the chain clean from stuff that doesn't really belong there in the

516
00:28:41,069 --> 00:28:45,889
first place i agree with you man not what's stopping us from not doing this again and again

517
00:28:45,889 --> 00:28:51,549
and again what's stopping us from my from some billionaires being played as fight pipers and

518
00:28:51,549 --> 00:28:56,129
taking the taking the people with them you know what's stopping them from not doing it again and

519
00:28:56,129 --> 00:29:01,829
again but it's not it's not intended to stop it's intended to make more expensive and make more

520
00:29:01,829 --> 00:29:07,649
tedious. So like if you have a business model where you sell rare sets, and we both know there's

521
00:29:07,649 --> 00:29:13,349
no such thing as a rare set, you need a third party website to pretend that it's rare. So none

522
00:29:13,349 --> 00:29:18,709
of these JPEGs and stuff are actually legit things. You cannot own a picture. It makes

523
00:29:18,709 --> 00:29:25,769
absolutely no sense. It's just ginormous scams, all of it. And right now it's like half of the

524
00:29:25,769 --> 00:29:31,729
half of the transactions in blocks are these shitty things so true so true

525
00:29:31,729 --> 00:29:39,909
so um where was i going with that yeah what you're doing with bit.10 is just basically

526
00:29:39,909 --> 00:29:46,449
forcing them to remake all their websites and pull off other scams because the scam they were

527
00:29:46,449 --> 00:29:50,989
trying to pull off is no longer viable it doesn't work anymore because we fuck up their business

528
00:29:50,989 --> 00:29:57,589
models. And that is temporary, but it's also, that's like one part of it. The other part is

529
00:29:57,589 --> 00:30:03,849
like to send core a message that yes, you can't just make changes without the consent of the

530
00:30:03,849 --> 00:30:09,849
Bitcoiners, of the plebs. And the more people I interview about this, like the more obvious

531
00:30:09,849 --> 00:30:15,809
it becomes to me that Bitcoin core has been corrupted or maybe corrupted is too strong a word.

532
00:30:15,809 --> 00:30:19,469
It became woke back from 2019 and forward.

533
00:30:19,689 --> 00:30:24,169
There have been policies and things with Bitcoin Core

534
00:30:24,169 --> 00:30:26,849
that I think most plebs would disagree with

535
00:30:26,849 --> 00:30:30,949
because I think most plebs value freedom over, you know,

536
00:30:31,169 --> 00:30:32,389
quote-unquote equality.

537
00:30:34,529 --> 00:30:38,449
So, yeah, there's a lot of listening to do there.

538
00:30:38,649 --> 00:30:41,609
If you want to get a perspective on this,

539
00:30:41,609 --> 00:30:47,609
I can recommend a few episodes, the one with John Attack, for instance.

540
00:30:48,049 --> 00:30:53,069
Also the one with Giacomo, which is not ProBip110, but against it.

541
00:30:53,709 --> 00:30:55,429
But they're good episodes.

542
00:30:55,609 --> 00:30:58,169
They make for good entertainment to talk about this.

543
00:31:01,069 --> 00:31:03,809
John Attack, okay, I'll just make a note of this one.

544
00:31:04,349 --> 00:31:08,009
I'm going to say to you, I will tell you why I am in...

545
00:31:08,009 --> 00:31:10,729
So there's John Attack, I've written it down.

546
00:31:11,609 --> 00:31:40,269
Great. See, man, I am a user of money. I thank you for your perspective on all of this. And I know what you're speaking is right. It's true. I see this happening. There was my friend called Fernando, who was running a prior Bitcoin circular economy in Jericho, Covara in northern Brazil. And he was doing it over the last three, four years. And he was running this node in the community center. The kids were using sats. They were using NFC cards to buy fruits for sats. Beautiful project. Inspired a lot of other projects around Brazil, around the world.

547
00:31:40,269 --> 00:31:45,549
great propagator amazing he knew why he shut it down you know he told me he was like brother have

548
00:31:45,549 --> 00:31:52,629
you seen what is on your node and he showed me one really nsfw picture and it was really

549
00:31:52,629 --> 00:31:58,469
disgusting picture i have seen in 37 years of my existence which runs on my node imagine the kids

550
00:31:58,469 --> 00:32:02,529
being given access to run that node imagine there's an ordinal viewer that is there in your

551
00:32:02,529 --> 00:32:08,309
umbrella or in your start line to see what is on there it is really disgusting it is pathetic i

552
00:32:08,309 --> 00:32:12,989
don't want to have a copy of these dirty images i don't want to be a person that is responsible for

553
00:32:12,989 --> 00:32:20,809
having such a nudity on my chain i am i don't like it i hate it i don't want it like tomorrow

554
00:32:20,809 --> 00:32:25,629
the governments can come knocking down onto you and say like hey you are hosting nudity on your

555
00:32:25,629 --> 00:32:34,369
server on your nodes and kids can view it i hate it it's disgusting i understand that point and

556
00:32:34,369 --> 00:32:37,689
given that i'm sharing you with this point and giving you my perspective on that censorship

557
00:32:37,689 --> 00:32:42,309
how does censorship work with your parents at home right you stepped out of your home you were

558
00:32:42,309 --> 00:32:47,989
like i'm gonna walk my own path i'm gonna step out it doesn't work you left your you were happy

559
00:32:47,989 --> 00:32:52,289
right most of the people who are not happy in their government in their countries they step out

560
00:32:52,289 --> 00:32:58,429
dubai was an example right it invited everyone i do not know in the long run what is that i remember

561
00:32:58,429 --> 00:33:05,649
some i remember a bitcoin up left saying that whenever shit goes south in the bitcoin ecosystem

562
00:33:05,649 --> 00:33:07,769
always follow Luke Dash Jr.

563
00:33:07,989 --> 00:33:08,829
I've never met him.

564
00:33:09,009 --> 00:33:09,709
I'm not a coder.

565
00:33:09,829 --> 00:33:10,449
I'm not a developer.

566
00:33:10,769 --> 00:33:12,449
And I've also heard the other perspective

567
00:33:12,449 --> 00:33:15,249
of how Luke Dash is with the core team

568
00:33:15,249 --> 00:33:17,069
from the core team people.

569
00:33:17,369 --> 00:33:18,869
So I've seen both the perspectives.

570
00:33:19,209 --> 00:33:20,649
I do not know what's right, what's wrong.

571
00:33:20,749 --> 00:33:21,729
But as being an Indian,

572
00:33:21,969 --> 00:33:23,129
as I'm being a man of a color,

573
00:33:24,049 --> 00:33:25,569
it has given me equality in this world.

574
00:33:25,729 --> 00:33:26,989
I am equally talking to you.

575
00:33:27,089 --> 00:33:28,189
I'm equal around the world.

576
00:33:28,349 --> 00:33:30,989
I feel this is the only equality that matters

577
00:33:30,989 --> 00:33:31,849
is Bitcoin is money.

578
00:33:31,929 --> 00:33:32,889
There is no single SAC.

579
00:33:32,989 --> 00:33:34,249
There is no different SAC.

580
00:33:34,249 --> 00:33:38,669
And there is no nonsense of holding JPEGs and whatnot on your blockchain.

581
00:33:38,909 --> 00:33:40,109
I am against all of that.

582
00:33:40,489 --> 00:33:43,869
But censorship, it starts with one censorship and then...

583
00:33:43,869 --> 00:33:48,849
Yeah, you keep referring to it as censorship, but I don't agree with that viewpoint because

584
00:33:48,849 --> 00:33:53,989
I don't think voluntarily running whatever code you want is censorship in any way, shape

585
00:33:53,989 --> 00:33:54,469
or form.

586
00:33:54,989 --> 00:34:00,629
Like it's still, Bitcoin is hinged on people voluntarily running whatever software they

587
00:34:00,629 --> 00:34:01,049
like.

588
00:34:01,249 --> 00:34:04,029
And there's nothing stopping you from running NOTS.

589
00:34:04,029 --> 00:34:09,209
There's nothing stopping you from running Peter Todd's Libre Relay if you like spam.

590
00:34:09,389 --> 00:34:12,929
I mean, it's all people voluntarily running software.

591
00:34:13,169 --> 00:34:17,189
And I don't view running a different piece of software as censorship.

592
00:34:17,469 --> 00:34:22,889
Censorship to me is when you use the threat of violence to limit speech.

593
00:34:23,049 --> 00:34:28,729
The government can do censorship, but it's very hard for a voluntary system to do censorship.

594
00:34:29,389 --> 00:34:32,709
And filters, I mean, you censor all the time.

595
00:34:32,709 --> 00:34:48,389
Even if you allow all sorts of op returns and JPEGs and stuff, and if you have nothing against these things, your node still has to, like you censor miners who try to get more than the block reward from the Coinbase transaction, right?

596
00:34:48,409 --> 00:34:53,249
If they say, no, I'm entitled to 200 bitcoins this block, you censor that.

597
00:34:53,869 --> 00:34:55,789
So in a way, and that's how I view it.

598
00:34:55,988 --> 00:35:00,849
Like what the thing a node does is like the thing you do by running a node or one of the

599
00:35:00,849 --> 00:35:06,469
things you do is deciding on what the rules should be, the rules of the network.

600
00:35:07,149 --> 00:35:12,669
So censoring transactions and filtering out transactions, I just don't agree with the

601
00:35:12,669 --> 00:35:15,129
word censorship because nodes do that all the time.

602
00:35:15,129 --> 00:35:18,369
I mean, that's how we stop money printing from happening.

603
00:35:18,549 --> 00:35:22,508
If you could double spend, I'm censoring everyone who tries to double spend coins.

604
00:35:22,508 --> 00:35:26,289
I'm censoring everyone who tries to do something that is not allowed.

605
00:35:26,529 --> 00:35:29,449
And I just think fewer things should be allowed,

606
00:35:29,549 --> 00:35:32,849
given the fact that we see what happens when we allow them,

607
00:35:32,988 --> 00:35:35,389
which are the pictures and stuff you're talking about.

608
00:35:35,469 --> 00:35:39,389
And I do agree, like, I don't really care if those are on my node

609
00:35:39,389 --> 00:35:43,869
because I don't have an ordinal viewer anywhere near my node because I don't care.

610
00:35:44,029 --> 00:35:46,149
My node does not view them as pictures.

611
00:35:46,789 --> 00:35:52,189
My node views them as ones and zeros that for some odd reason that I don't know about

612
00:35:52,189 --> 00:35:54,508
is attached to a Bitcoin transaction.

613
00:35:54,829 --> 00:36:03,849
And you always need third-party software to encode them or to, what's the word, decipher

614
00:36:03,849 --> 00:36:04,988
them as pictures.

615
00:36:05,189 --> 00:36:06,929
But to me, they're not really pictures.

616
00:36:07,109 --> 00:36:09,769
They're just shit data that has nothing to do with Bitcoin.

617
00:36:10,169 --> 00:36:11,609
And I want it out of there.

618
00:36:11,769 --> 00:36:15,689
I don't like that there are no business models for doing that.

619
00:36:15,949 --> 00:36:18,869
So if we can limit those, I think that's a good idea.

620
00:36:18,869 --> 00:36:25,329
And what Bit110 is to me is that it's not fucking up any legit business model.

621
00:36:25,449 --> 00:36:29,649
It's only fucking up business models that weren't supposed to be on Bitcoin in the first place.

622
00:36:29,749 --> 00:36:31,669
Because as you said, Bitcoin is money.

623
00:36:31,929 --> 00:36:34,229
Bitcoin is not free file storage for the world.

624
00:36:36,869 --> 00:36:40,429
And man, we are having shitcoining in our own backyard.

625
00:36:40,429 --> 00:37:00,869
I remember 2023, I was in Miami and you had Eric Wall and Udi get up on the stage right after Michael Saylor and wearing this clown dress and saying like, if you can't save Bitcoin from us two clowns, how will you save Bitcoin from a nation state attack?

626
00:37:01,469 --> 00:37:02,109
That was 2023.

627
00:37:03,309 --> 00:37:07,749
Because of this, Ordinals, Blue Wallet shut down their lightning operations in 2023 itself.

628
00:37:07,749 --> 00:37:17,309
and these clowns as they say they created a market space and i remember in one another

629
00:37:17,309 --> 00:37:21,349
evening session i met some ethereum developers or solana developers and they just told me like

630
00:37:21,349 --> 00:37:24,929
it's homecoming they're coming back to the bitcoin ecosystem now

631
00:37:24,929 --> 00:37:31,029
and to see now three years later there is a spirit happening in the ecosystem trying to

632
00:37:31,029 --> 00:37:37,329
it's evolution it's the natural progression of the bitcoin ecosystem or the protocol over 17 years

633
00:37:37,329 --> 00:37:42,969
and which is natural it is good this is what democracy is this is called freedom you all have

634
00:37:42,969 --> 00:37:48,109
your right to speech and everybody has the way to take it forward and i agree with you man maybe this

635
00:37:48,109 --> 00:37:54,029
is necessary temporarily maybe not but uh they let the free market decide but then that goes into

636
00:37:54,029 --> 00:37:59,349
another new debate what is free market how can you decide on what is my note going to do man for you

637
00:37:59,349 --> 00:38:03,129
it is good note you chose el salvador as an example there's a beautiful guy called pupusas

638
00:38:03,129 --> 00:38:05,409
running note nation. He's running

639
00:38:05,409 --> 00:38:07,349
notes in all these schools and teaching kids about

640
00:38:07,349 --> 00:38:07,629
notes.

641
00:38:07,709 --> 00:38:10,869
What about those kids accessing

642
00:38:10,869 --> 00:38:12,249
on the ordinals?

643
00:38:13,789 --> 00:38:15,289
Those are the kids, right? Kids are

644
00:38:15,289 --> 00:38:17,489
magical creatures. They have this mind

645
00:38:17,489 --> 00:38:19,549
of abundance and they want to try everything

646
00:38:19,549 --> 00:38:21,449
and they're giving them this beautiful note

647
00:38:21,449 --> 00:38:22,229
to go understand.

648
00:38:23,069 --> 00:38:25,289
And the next thing you know, they're getting to see these things.

649
00:38:25,409 --> 00:38:27,449
So yes, I'm against this shit. I am not

650
00:38:27,449 --> 00:38:29,589
in favor of it. I was advised to make

651
00:38:29,589 --> 00:38:31,529
an ordinal of my book. I said no.

652
00:38:31,529 --> 00:38:34,049
I will admit advice to make ordinals of every city I went to.

653
00:38:34,209 --> 00:38:34,609
I said no.

654
00:38:34,989 --> 00:38:36,709
Because I don't feel that is serving a purpose.

655
00:38:36,889 --> 00:38:39,449
It practically says you will own nothing and you will be happy.

656
00:38:40,349 --> 00:38:42,909
So I'm on your team of there.

657
00:38:43,409 --> 00:38:45,349
But censorship, sorry, or filtration.

658
00:38:45,569 --> 00:38:46,689
Let me correct my word, I apologize.

659
00:38:47,329 --> 00:38:48,249
Filtration is filtration.

660
00:38:48,409 --> 00:38:50,049
The right way then Dubai did filtration, right?

661
00:38:50,369 --> 00:38:54,569
Right now, two days ago, 375 expatriates were detained for taking photos.

662
00:38:55,649 --> 00:38:57,369
How's that filtration working around, right?

663
00:38:57,369 --> 00:39:02,909
I am passionate about Bitcoin and I will fight for it to be used as money.

664
00:39:03,409 --> 00:39:06,389
I will always be in the favor and can't for using it as money.

665
00:39:06,569 --> 00:39:11,449
As for the debate, I feel you all have lived pox of Bitcoin.

666
00:39:11,769 --> 00:39:16,569
You have gone through all the highs and lows, the paranoias and everything.

667
00:39:16,769 --> 00:39:18,089
And you see what Bitcoin is.

668
00:39:18,189 --> 00:39:20,909
And there's a vision that is needed to see what it can become.

669
00:39:21,349 --> 00:39:24,329
Because it's a teenager and teenagers, you know how we were as teenagers.

670
00:39:24,449 --> 00:39:26,849
We were just like, let me get out of this.

671
00:39:26,849 --> 00:39:31,609
I am the best. I know what I can do for you. And it's a teenager. So it needs some guidance.

672
00:39:31,929 --> 00:39:38,229
And I believe you, the likes of who was that guy versus Mr. Craig Wright. Hot or not?

673
00:39:38,749 --> 00:39:43,469
Everybody coming out, Giacomo, everybody coming and taking a stance and having an open debate.

674
00:39:43,869 --> 00:39:47,569
But stop shitting on people, man. Stop going on their sexual things and everything.

675
00:39:48,029 --> 00:39:50,489
Let them have their own thing, man. Everybody is personal.

676
00:39:50,949 --> 00:39:55,129
I feel no personal damage should be done on anyone. We are all humans in this world.

677
00:39:55,129 --> 00:39:57,529
and we all make decisions, right?

678
00:39:57,969 --> 00:39:59,989
But having personal attacks on people

679
00:39:59,989 --> 00:40:02,309
is just below the belt, a little below the belt.

680
00:40:02,529 --> 00:40:03,469
I absolutely agree.

681
00:40:03,809 --> 00:40:05,249
Like personal attacks should be,

682
00:40:05,529 --> 00:40:10,109
yeah, I try to refrain from personally attacking people

683
00:40:10,109 --> 00:40:11,989
and I like to attack ideas though.

684
00:40:12,169 --> 00:40:14,889
I think no idea is like,

685
00:40:14,989 --> 00:40:17,429
ideas thrive when questioned.

686
00:40:17,689 --> 00:40:19,309
That's how an idea gets better.

687
00:40:19,309 --> 00:40:22,429
So I have nothing against questioning ideas.

688
00:40:22,909 --> 00:40:24,889
It's when people cling on to an idea

689
00:40:24,889 --> 00:40:27,508
to the point in which it becomes dogmatic

690
00:40:27,508 --> 00:40:29,609
that the idea becomes dangerous.

691
00:40:29,769 --> 00:40:30,869
Islam, for instance,

692
00:40:30,989 --> 00:40:33,669
and this is a sensitive subject for many people

693
00:40:33,669 --> 00:40:35,149
for good reason,

694
00:40:35,809 --> 00:40:38,569
I have nothing against a person,

695
00:40:38,829 --> 00:40:40,849
so-called moderate Muslim,

696
00:40:41,029 --> 00:40:43,029
that believes in parts of that.

697
00:40:43,149 --> 00:40:46,089
But if they take that idea literally,

698
00:40:46,508 --> 00:40:48,049
then that's a very dangerous idea.

699
00:40:48,169 --> 00:40:49,769
It's just a shitty fucking idea.

700
00:40:50,329 --> 00:40:53,189
And you can claim freedom of religion and stuff,

701
00:40:53,189 --> 00:41:16,329
But a lot of the things in the doctrine is shit ideas. And I think that goes for all religions, including the religion of statism, by the way. The idea that a popularity contest every four years makes theft more ethical, for instance, I don't agree with that. And I think people who believe it should hear the critique of the idea.

702
00:41:16,329 --> 00:41:20,289
I don't necessarily have to critique everyone who's fighting for democracy.

703
00:41:20,289 --> 00:41:21,709
Of course not.

704
00:41:21,709 --> 00:41:29,089
But I can, but I will critique the idea of democracy because so few people are doing that.

705
00:41:29,089 --> 00:41:34,389
I mean, Hinduism, for instance, has a lot of beautiful things come out of it.

706
00:41:34,389 --> 00:41:57,163
But if you dissect the idea the idea of the caste system which is basically oh if you a good slave in this life then maybe you get to be promoted in the next That to me sounds like a horrible system and one that is designed for the elites to stay on top and for them to have the ability to oppress generation after generation after generation

707
00:41:57,383 --> 00:42:00,783
Because, of course, it's only true if you believe in resurrection.

708
00:42:02,663 --> 00:42:03,483
I mean, yeah.

709
00:42:03,483 --> 00:42:09,503
and there is no empirical evidence that that happens on the contrary there's quite a lot of

710
00:42:09,503 --> 00:42:15,183
evidence that your soul does not move to another family it stays in the same family because you have

711
00:42:15,183 --> 00:42:21,443
the same gene as as your parents like and i try to do that with bitcoin of course there are exceptions

712
00:42:21,443 --> 00:42:26,383
such as fucking craig wright i am not going to refrain from calling craig wright an idiot and

713
00:42:26,383 --> 00:42:31,163
at this point i mean you mentioned udi and eric before and i think that the whole problem with

714
00:42:31,163 --> 00:42:35,643
that narrative that they have that if these two clowns can destroy Bitcoin,

715
00:42:35,783 --> 00:42:38,383
then so can states, is that it was not only them.

716
00:42:38,923 --> 00:42:40,483
The conference platformed them.

717
00:42:40,863 --> 00:42:44,943
So the conference that gives them an audience is participating in the crime

718
00:42:44,943 --> 00:42:47,783
because ordinals wouldn't have been popular at all

719
00:42:47,783 --> 00:42:51,543
haven't they been popularized so much by these shitcoin apologists.

720
00:42:51,543 --> 00:42:55,623
And in hindsight, I love shitcoins because they have their own chains

721
00:42:55,623 --> 00:42:57,023
and do their shit elsewhere.

722
00:42:57,583 --> 00:43:00,883
I hate when shitcoins, that shitcoiners are now flocking to Bitcoin.

723
00:43:01,163 --> 00:43:05,883
our thing. They're trying to play checkers in the chess club. And I hate that. I mean,

724
00:43:05,923 --> 00:43:11,823
I love the checkers clubs and the backgammon clubs in hindsight, because they were doing

725
00:43:11,823 --> 00:43:16,483
their silly things elsewhere, and they weren't destroying our beautiful game of chess here.

726
00:43:16,743 --> 00:43:19,823
So yeah, the end of rant, I guess.

727
00:43:20,503 --> 00:43:24,923
You're a beautiful man with beautiful words. You are a great orator, I think. So your skills

728
00:43:24,923 --> 00:43:28,963
of writing has brought you to this wonderful place where we are hooked to listen to you,

729
00:43:28,963 --> 00:43:31,263
because you use the words so articulately,

730
00:43:31,803 --> 00:43:33,663
checkers and chess, beautifully put.

731
00:43:34,223 --> 00:43:35,203
And you're right, man.

732
00:43:35,303 --> 00:43:36,803
I am with you on those things, man.

733
00:43:37,003 --> 00:43:37,823
I am with you.

734
00:43:37,883 --> 00:43:38,123
I think so.

735
00:43:38,143 --> 00:43:39,063
We are on the same team.

736
00:43:39,163 --> 00:43:40,663
It is, we are together.

737
00:43:41,103 --> 00:43:42,643
There is no difference on this part

738
00:43:42,643 --> 00:43:44,203
where we totally have seen.

739
00:43:44,203 --> 00:43:46,823
And if we have been able to save ourselves,

740
00:43:47,123 --> 00:43:47,703
leave saving.

741
00:43:48,043 --> 00:43:49,863
If we have been able to create

742
00:43:49,863 --> 00:43:51,303
our own little circular economy

743
00:43:51,303 --> 00:43:52,683
with our 10 little people

744
00:43:52,683 --> 00:43:54,463
who buy Bitcoin

745
00:43:54,463 --> 00:43:56,043
or who use Bitcoin among themselves,

746
00:43:56,043 --> 00:43:56,963
we have done our job.

747
00:43:57,083 --> 00:43:58,123
On the protocol level,

748
00:43:58,123 --> 00:44:04,723
debating is good it's healthy as you said shitty idea right and ideas are shitty religion and you

749
00:44:04,723 --> 00:44:10,043
stress the religion topic religion do religion is somebody said this to me or it's a very old

750
00:44:10,043 --> 00:44:14,303
thing it's like religion is like a dick right you do not go shoving it up in everyone's face

751
00:44:14,303 --> 00:44:19,543
you're like here yeah this is me here see this off yeah i love that i mean bitcoin bitcoin is

752
00:44:19,543 --> 00:44:25,283
like that you do not go down shoving it up in other people's uh business and telling them like

753
00:44:25,283 --> 00:44:30,783
we are right but it is our moral responsibility i i know there's one bitcoiner here in india

754
00:44:30,783 --> 00:44:36,903
he calls anybody who's not running a node a shipcoiner and his pro bit 110 and that's what

755
00:44:36,903 --> 00:44:41,863
we are now everybody has their right we are we like to uh label each other this is the easiest

756
00:44:41,863 --> 00:44:49,203
like in school you should say hey you lanky boy hey you fat so hey you crying like a girl

757
00:44:49,203 --> 00:44:53,463
we have all these things we like to label each other and then when we find people like our labels

758
00:44:53,463 --> 00:44:55,003
and we're like, how are you, back pen short?

759
00:44:55,143 --> 00:44:55,823
Did you fail?

760
00:44:56,403 --> 00:44:57,783
It's like that I'm feeling.

761
00:44:58,123 --> 00:45:00,383
We are just like little kids in a kitty party,

762
00:45:00,623 --> 00:45:01,703
birthday party going on.

763
00:45:01,743 --> 00:45:02,523
It's a big party, yeah?

764
00:45:02,563 --> 00:45:03,983
It's a trillion dollar party we are in.

765
00:45:04,363 --> 00:45:05,423
We are having fun in this.

766
00:45:05,503 --> 00:45:06,603
And then we are just like throwing things.

767
00:45:06,643 --> 00:45:07,083
And then it's healthy.

768
00:45:07,583 --> 00:45:09,663
I'm in all favor of this healthy talk,

769
00:45:10,043 --> 00:45:11,463
just with a little bit of respect.

770
00:45:12,523 --> 00:45:13,563
And it would be beautiful.

771
00:45:13,783 --> 00:45:15,583
And I think that we will find a solution from this.

772
00:45:15,743 --> 00:45:16,783
Yeah, that's me on that.

773
00:45:17,503 --> 00:45:18,563
Yeah, absolutely agree.

774
00:45:18,563 --> 00:45:22,923
Yeah, it's important to not fall into the trap

775
00:45:22,923 --> 00:45:25,943
of calling other people names and stuff.

776
00:45:26,123 --> 00:45:29,123
And I think social media rewards that to a certain extent.

777
00:45:29,123 --> 00:45:30,463
If you get a lot of engagement,

778
00:45:30,663 --> 00:45:32,503
which you do if you call someone an asshole,

779
00:45:33,023 --> 00:45:36,303
then that's, or even worse, call someone a shitcoiner.

780
00:45:36,783 --> 00:45:38,343
I mean, I wouldn't call,

781
00:45:39,023 --> 00:45:41,283
because shitcoiner is worse than an asshole, right?

782
00:45:41,363 --> 00:45:45,503
And I wouldn't call anyone not running a node a shitcoiner.

783
00:45:45,623 --> 00:45:47,463
That's too much of a stretch for me.

784
00:45:47,783 --> 00:45:50,583
I mean, you can claim that you're not as much of a bitcoiner

785
00:45:50,583 --> 00:45:51,763
because you're not as hardcore

786
00:45:51,763 --> 00:45:53,323
if you don't do your own shit,

787
00:45:53,463 --> 00:45:54,803
but I wouldn't call that shitcoiner.

788
00:45:56,063 --> 00:46:01,623
A shitcoiner to me is someone who says they're a Bitcoiner first,

789
00:46:01,803 --> 00:46:04,003
but they also dabble with this other stuff.

790
00:46:04,483 --> 00:46:06,003
Then you are a shitcoiner.

791
00:46:06,223 --> 00:46:08,803
If you're not Bitcoin only yet, then you are a shitcoiner.

792
00:46:08,903 --> 00:46:11,623
And you could claim that if you still use fiat currencies,

793
00:46:11,823 --> 00:46:13,083
then you're somewhat a shitcoiner.

794
00:46:13,283 --> 00:46:14,823
That's more excusable though,

795
00:46:14,903 --> 00:46:17,063
because men with guns will take you away

796
00:46:17,063 --> 00:46:18,883
if you don't use fiat currencies.

797
00:46:18,883 --> 00:46:21,303
You need to in most societies,

798
00:46:21,303 --> 00:46:24,743
because you need to pay your taxes in fiat and so on and so forth.

799
00:46:24,743 --> 00:46:28,103
So those shitcoins, the kleptocurrencies,

800
00:46:28,223 --> 00:46:30,963
I call them kraptocurrencies and kleptocurrencies.

801
00:46:31,323 --> 00:46:33,743
And the kraptos are the clones of Bitcoin

802
00:46:33,743 --> 00:46:35,903
and the kleptos are the fiat currencies

803
00:46:35,903 --> 00:46:38,723
because they're being stolen all the time.

804
00:46:39,183 --> 00:46:44,183
So the kleptos are harder to avoid than the kraptos.

805
00:46:44,503 --> 00:46:46,943
But if you're doing kraptos and Bitcoin

806
00:46:46,943 --> 00:46:48,903
and you have a bit of Solana

807
00:46:48,903 --> 00:46:51,463
or you still have some ETH,

808
00:46:51,623 --> 00:46:52,503
then you're a shitcoiner.

809
00:46:52,863 --> 00:46:53,763
Like there's no good thing.

810
00:46:54,303 --> 00:46:58,723
Then you're actively legitimizing that scam a bit more.

811
00:46:58,923 --> 00:47:00,843
And in hindsight, I love that the shitcoiner,

812
00:47:00,883 --> 00:47:02,343
as I said, I love that they're now,

813
00:47:02,423 --> 00:47:03,703
that they had their own chains.

814
00:47:03,843 --> 00:47:05,323
I hate that they're now on Bitcoin,

815
00:47:05,603 --> 00:47:06,783
but they shouldn't be here.

816
00:47:07,043 --> 00:47:09,563
That's my, and anything in my power I can do

817
00:47:09,563 --> 00:47:12,803
to push them out, I'm going to do that.

818
00:47:13,063 --> 00:47:15,023
And to me, that's what BIP110 is.

819
00:47:15,123 --> 00:47:16,863
It's an attempt to push them out.

820
00:47:17,023 --> 00:47:17,783
Maybe it doesn't work.

821
00:47:17,783 --> 00:47:19,863
I don't care. At least I tried.

822
00:47:20,243 --> 00:47:21,383
At least, yeah.

823
00:47:23,223 --> 00:47:24,423
Nice. I'm with you, man.

824
00:47:24,483 --> 00:47:26,043
Not honest. It's worth trying.

825
00:47:26,143 --> 00:47:27,503
In life, you keep trying things

826
00:47:27,503 --> 00:47:29,283
and you see how it benefits

827
00:47:29,283 --> 00:47:31,803
and how we grow from here. But it is for sure

828
00:47:31,803 --> 00:47:32,863
there is no Bitcoin president.

829
00:47:33,563 --> 00:47:35,323
There is no Bitcoin treasury company.

830
00:47:35,903 --> 00:47:38,103
There is no nothing. I did the order this post recently.

831
00:47:38,743 --> 00:47:39,963
Are you talking about how Solana Boy

832
00:47:39,963 --> 00:47:41,463
converts it all to Bitcoin?

833
00:47:42,263 --> 00:47:44,183
And then we help raise the treasury companies,

834
00:47:44,303 --> 00:47:45,563
how there's a Bitcoin president.

835
00:47:45,563 --> 00:47:49,523
and others all this is what happened to the separation of state and money and now we are

836
00:47:49,523 --> 00:47:55,763
there sucking up to them and doing all that and just waiting and waiting that they will do things

837
00:47:55,763 --> 00:48:01,643
that are right for the world but everybody has their own personal motives mostly they run on

838
00:48:01,643 --> 00:48:06,583
financial motives and power I just feel like we have just lost a little bit of way forward but

839
00:48:06,583 --> 00:48:11,143
this is hyper-victiconization my friend there was no rule book given by Mr. Satoshi Nakamoto

840
00:48:11,143 --> 00:48:15,283
telling like hey this is how hyper-victiconization will happen this is how a farmer in India will be

841
00:48:15,283 --> 00:48:20,543
able to trade with a farmer in Congo using Bitcoin. But it's their own way, maybe through

842
00:48:20,543 --> 00:48:25,423
treasury companies, maybe through circular economies, maybe through Bitcoin faucets,

843
00:48:25,583 --> 00:48:29,863
maybe through debiting. It's going to take its due course. It's a civilization. It's a digital

844
00:48:29,863 --> 00:48:35,643
civilization that we are. There is a physical world, physical world we live in. There is a

845
00:48:35,643 --> 00:48:40,623
spiritual world that most of us try to aspire to figure out. And then there's a digital world.

846
00:48:40,623 --> 00:48:47,883
As for the digital world, I feel we belong to this Bitcoin community or the Bitcoin cult, if you would like to call it.

847
00:48:48,343 --> 00:48:50,343
Whatever it is, it is our safe heaven.

848
00:48:50,623 --> 00:48:51,883
We feel comfortable here.

849
00:48:52,263 --> 00:48:53,483
We feel this is our people.

850
00:48:53,623 --> 00:48:54,423
This is our tribe.

851
00:48:54,563 --> 00:48:57,103
As I say, Bitcoiners are 80% aligned.

852
00:48:57,963 --> 00:48:59,363
20% are flat earthers.

853
00:49:00,103 --> 00:49:02,423
So we are good with our own tribe people.

854
00:49:04,123 --> 00:49:06,623
Yeah, I absolutely agree.

855
00:49:06,623 --> 00:49:14,543
The way I see it, like there's a lot of talk about these ETFs and treasury companies and all of that and Bitcoin president here and Bitcoin president there.

856
00:49:15,023 --> 00:49:24,943
To me, the phrase I miss hearing at all the conferences that you used to hear all the time in the past is not your keys, not your coins, because it's just as true now as it ever was.

857
00:49:24,943 --> 00:49:29,303
These are paper Bitcoin constructions, and they are not really Bitcoin.

858
00:49:29,623 --> 00:49:36,663
To me, they're just noise and temporary noise that will go away because not your keys, not your coins is still true.

859
00:49:36,883 --> 00:49:41,943
I mean, I don't even think the coins are yours, even if you do have access to them.

860
00:49:42,003 --> 00:49:50,103
You can act as if you own them because you know that it's very implausible or improbable that someone else has access to the same key.

861
00:49:50,103 --> 00:49:55,123
and you also find it improbable that Bitcoin will ever change to make them worthless.

862
00:49:55,423 --> 00:49:59,503
So therefore you can act as if you own them, but you cannot really own information.

863
00:49:59,663 --> 00:50:05,003
It's impossible to own information, which is why owning a picture is so absurd to me.

864
00:50:05,003 --> 00:50:11,603
I mean, owning a painting on a wall somewhere, that's not absurd because that's a physical object.

865
00:50:11,723 --> 00:50:12,863
You can actually own it.

866
00:50:13,023 --> 00:50:15,363
Like if you take it away, I don't have it anymore.

867
00:50:15,883 --> 00:50:19,923
But a photo of the Mona Lisa is not the Mona Lisa.

868
00:50:20,103 --> 00:50:24,703
because anything digital can be copied

869
00:50:24,703 --> 00:50:28,803
an infinite amount of times for basically no cost,

870
00:50:29,303 --> 00:50:31,243
which is why the Satoshi is so sacred,

871
00:50:31,363 --> 00:50:32,563
because it's not really digital.

872
00:50:32,823 --> 00:50:33,883
It's in people's heads.

873
00:50:34,063 --> 00:50:34,903
It's in the spiritual.

874
00:50:35,143 --> 00:50:36,503
The Satoshi, I would say,

875
00:50:36,743 --> 00:50:38,383
and I'd love to hear your thoughts on this.

876
00:50:38,383 --> 00:50:42,623
Is the Satoshi part of the digital realm

877
00:50:42,623 --> 00:50:44,183
or the spiritual realm?

878
00:50:45,663 --> 00:50:46,063
Digital.

879
00:50:47,283 --> 00:50:48,583
It is a digital realm.

880
00:50:48,583 --> 00:50:50,343
but you cannot copy it

881
00:50:50,343 --> 00:50:54,083
and I think it's just part of the spiritual realm

882
00:50:54,083 --> 00:50:54,783
and here's why

883
00:50:54,783 --> 00:50:58,583
the ability to move the satoshi

884
00:50:58,583 --> 00:51:00,303
which is really the satoshi

885
00:51:00,303 --> 00:51:02,583
the point of satoshi is to move it at some point

886
00:51:02,583 --> 00:51:06,283
that all lives in people's heads

887
00:51:06,283 --> 00:51:10,023
because it's a secret you keep from someone else

888
00:51:10,023 --> 00:51:11,703
so the ability to move it

889
00:51:11,703 --> 00:51:13,963
is not in the digital realm

890
00:51:13,963 --> 00:51:16,263
the record of where it moved

891
00:51:16,263 --> 00:51:18,063
is in the digital realm

892
00:51:18,063 --> 00:51:22,743
But the Satoshi itself, I would say, is clearly spiritual because it's in people's heads.

893
00:51:23,323 --> 00:51:24,343
It's part of their soul.

894
00:51:24,523 --> 00:51:30,123
I mean, I view Bitcoin as the financial cardiovascular system of our spiritual being.

895
00:51:32,423 --> 00:51:35,683
No, my God, I think the Indians are going to love you.

896
00:51:35,803 --> 00:51:37,903
I swear to God, you are just so good.

897
00:51:38,023 --> 00:51:39,323
Yeah, I got the beard as well.

898
00:51:39,363 --> 00:51:41,283
How's that for a guru impression, India?

899
00:51:43,903 --> 00:51:47,163
We can call you from the lord of the race, you know.

900
00:51:47,163 --> 00:51:55,683
yeah yeah yeah you fools what's he called osho the guru that says that the people are retarded

901
00:51:55,683 --> 00:52:08,203
yeah yes i feel yes yes yes yeah man i i agree with you this digital thing uh it's all a bubble

902
00:52:08,203 --> 00:52:16,563
we all live in uh because of this digital realm that we live in uh we are able to live in the

903
00:52:16,563 --> 00:52:22,903
physical world. But without the physical world, there is no digital world because you need internet,

904
00:52:23,123 --> 00:52:28,763
for example, electricity. And the spiritual world in itself is something that comes from within.

905
00:52:29,303 --> 00:52:34,763
Mahatma Gandhi used to say ahimsa, non-violence. When he said non-violence, he did not mean

906
00:52:34,763 --> 00:52:40,623
non-violence outside. He meant to say non-violence within because everything starts here in your

907
00:52:40,623 --> 00:52:46,623
head. When you have non-violence within you, you are able to control yourself and to take

908
00:52:46,623 --> 00:52:53,463
decisions based on rationality and less emotional. Because violence comes from emotions. It's the

909
00:52:53,463 --> 00:52:58,223
anger. The anger that we all have against this world. The revenge. Even if you look at the...

910
00:52:58,223 --> 00:53:04,283
So everything is connected. It's like a trilogy, I feel. The digital, the physical, and the

911
00:53:04,283 --> 00:53:09,943
spiritual. We all are constantly searching. We all are constantly living, connected to all these

912
00:53:09,943 --> 00:53:13,303
three things I speak on behalf of the people who are into the Bitcoin ecosystem.

913
00:53:13,863 --> 00:53:16,643
And not for everyone, it is the same thing.

914
00:53:17,263 --> 00:53:20,703
Because most of them are just fighting for the basic Maslow's hierarchy of food, shelter,

915
00:53:20,823 --> 00:53:24,883
clothing, and then going for the sense of belonging and security, followed by them.

916
00:53:25,603 --> 00:53:27,503
We need a security in all these three things.

917
00:53:27,983 --> 00:53:32,903
And even if it is digital or physical, you need to feel good about what you're doing.

918
00:53:33,163 --> 00:53:38,083
You need to have a peaceful sleep in the night and see what is the right decision.

919
00:53:38,083 --> 00:53:40,163
And I do not hate any shitcoiners.

920
00:53:40,243 --> 00:53:41,523
I'm just going to say this all to you.

921
00:53:41,823 --> 00:53:42,523
I will say this.

922
00:53:43,023 --> 00:53:44,143
I have seen people,

923
00:53:44,943 --> 00:53:46,383
so you said you have traveled around Africa

924
00:53:46,383 --> 00:53:53,063
and you have seen how there is a wealth difference gap between there.

925
00:53:53,643 --> 00:53:55,283
So when a shitcoiner comes to,

926
00:53:55,783 --> 00:53:58,523
let's say for that matter to Mozambique or to Malawi

927
00:53:58,523 --> 00:54:02,383
and offers $500 for you to shill a coin,

928
00:54:02,643 --> 00:54:05,703
that man is, means the first important thing is food, shelter, clothing.

929
00:54:06,263 --> 00:54:07,043
He's going to do that.

930
00:54:07,043 --> 00:54:11,043
I've seen various people whose lives have changed.

931
00:54:11,043 --> 00:54:15,043
You call it Chick Connery, there's an entire Indian ecosystem on Ethereum right now.

932
00:54:15,043 --> 00:54:21,043
I cannot go on to hate on my Indian brothers and sisters, even though the country is a flawed concept.

933
00:54:21,043 --> 00:54:24,043
But it's a morality test, I would say.

934
00:54:24,043 --> 00:54:28,043
And everybody's morality keeps shifting, the goalposts keep shifting.

935
00:54:28,043 --> 00:54:31,043
And I feel, as you say, spiritual, you have that awakening within you.

936
00:54:31,043 --> 00:54:36,043
And you feel, yes, this is the right path.

937
00:54:36,043 --> 00:54:39,443
One to oneself, one to oneself, one to oneself.

938
00:54:39,563 --> 00:54:44,743
You do not have a right state pattern that, yes, this is a shitcoin, this is a Bitcoin.

939
00:54:44,903 --> 00:54:46,063
Stop labeling, man.

940
00:54:46,103 --> 00:54:47,683
Start living, you know, start living.

941
00:54:48,543 --> 00:54:49,303
Be kind.

942
00:54:50,343 --> 00:54:50,723
Yeah, yeah.

943
00:54:50,783 --> 00:54:55,563
I mean, my definitional thing there about Bitcoiners and shitcoiners before, that's more semantics.

944
00:54:55,743 --> 00:54:59,443
I mean, I don't hate anyone, basically, but I do hate bad ideas.

945
00:55:00,043 --> 00:55:01,603
So I think this is the separation.

946
00:55:01,603 --> 00:55:07,143
Like you separate the idea from the person uttering the idea or the person making money from the idea.

947
00:55:07,583 --> 00:55:12,323
Like the idea, I can hate the idea of a shitcoin, but I don't hate the shitcoiner.

948
00:55:12,503 --> 00:55:13,323
Absolutely not.

949
00:55:13,663 --> 00:55:17,483
I think there, because I don't hate things or people.

950
00:55:17,623 --> 00:55:19,023
I don't hate people in general.

951
00:55:19,203 --> 00:55:20,823
I think people ought to be respected.

952
00:55:21,023 --> 00:55:24,483
I'm a believer in the non-aggression principle, which is non-violence.

953
00:55:24,563 --> 00:55:25,863
You're very connected to this kind of thing.

954
00:55:25,863 --> 00:55:30,983
When you talked about the triangle there, I love it because it's...

955
00:55:31,603 --> 00:55:32,903
Yes.

956
00:55:32,937 --> 00:56:02,357
It reminds me of a Hoppe book that I really love called Economic Science and the Austrian Method. It's like the most boring title ever. But in that book, he points out that what Ludwig von Mises did when he started thinking about action as ideas manifesting and a manifestation of free will, that that is really the philosophical bridge between objective reality and subjective interpretations of objective reality.

957
00:56:02,357 --> 00:56:07,817
So it's subjectivity meets objectivity in a very nice way.

958
00:56:08,337 --> 00:56:17,077
And I think that's more in line with if you remove the digital part of the triangle, because digital is really just communication.

959
00:56:18,097 --> 00:56:23,297
It's language in a way, because it's ones and zeros that we interpret as pictures or whatever.

960
00:56:23,297 --> 00:56:32,037
It's still, I'd say the entire digital realm, it's true that you say, as you say, that you need the physical stuff, you need the hardware.

961
00:56:32,357 --> 00:56:36,637
Someone needs to find the silicon in the ground and dig it up and make it into computers.

962
00:56:37,157 --> 00:56:44,837
But you also need the subjective realm of ideas, because without the ideas, there is no computer there.

963
00:56:44,837 --> 00:56:49,917
And there are no programs and there is no software to voluntarily choose to run or not.

964
00:56:50,577 --> 00:56:52,397
So it's a manifestation of both.

965
00:56:52,977 --> 00:56:55,437
The motivation is obviously to make money.

966
00:56:55,677 --> 00:57:01,837
So money and human action fueled by incentives is what bridges the two worlds.

967
00:57:01,837 --> 00:57:06,937
Like we bridge the objective and the subjective through action,

968
00:57:07,217 --> 00:57:11,057
which is best expressed through money, if that makes any sense.

969
00:57:11,257 --> 00:57:12,717
I'm working on my guruness.

970
00:57:13,577 --> 00:57:14,797
You did it beautifully.

971
00:57:14,977 --> 00:57:16,977
It is the money, the financial incentive, right?

972
00:57:17,737 --> 00:57:20,077
You got it beautifully, man, subjective and objectively.

973
00:57:21,197 --> 00:57:24,577
And without the money, yeah, without that incentive,

974
00:57:24,777 --> 00:57:27,617
it reminds me of the Ayn Rand book, you know, that beautiful treatages.

975
00:57:27,817 --> 00:57:28,877
You say money is evil.

976
00:57:29,497 --> 00:57:30,157
Money is not evil.

977
00:57:30,557 --> 00:57:31,317
Yeah, it's beautiful.

978
00:57:31,317 --> 00:57:33,877
Yeah, money is the product of your work.

979
00:57:34,337 --> 00:57:37,017
Money is where you respect the opposite person's work.

980
00:57:37,277 --> 00:57:39,617
This is the place where you can exchange money.

981
00:57:40,577 --> 00:57:41,357
Money is everything.

982
00:57:41,477 --> 00:57:43,257
Money is the sixth sense that guides us.

983
00:57:43,417 --> 00:57:45,317
Money is, if you're not making money,

984
00:57:45,397 --> 00:57:46,997
even your father will not ask you.

985
00:57:47,717 --> 00:57:48,597
If you're making money,

986
00:57:48,757 --> 00:57:51,737
even your loved ones and your friends and enemies

987
00:57:51,737 --> 00:57:53,657
will talk to you because you're making money.

988
00:57:54,017 --> 00:57:54,677
You're contributing.

989
00:57:54,817 --> 00:57:56,477
The world is about creation and consumption.

990
00:57:56,757 --> 00:57:59,117
We started by consuming thanks to our parents

991
00:57:59,117 --> 00:58:00,177
and now we are creating.

992
00:58:00,177 --> 00:58:04,557
It's our time to create and then consume and to contribute to this world and not just be

993
00:58:04,557 --> 00:58:10,357
just like suckers, vampires of this ecosystem, but to contribute in our own way.

994
00:58:10,837 --> 00:58:13,017
And the only way to reward them is through money.

995
00:58:14,337 --> 00:58:15,957
There is that inner gut feeling.

996
00:58:16,297 --> 00:58:19,937
Yes, the spiritual thing is free, but it's the money that pays the rent.

997
00:58:20,017 --> 00:58:21,717
It's the money that brings the food to the table.

998
00:58:22,357 --> 00:58:26,537
So as Uncle Rokta says beautifully, he says, mine fiat, buy Bitcoin.

999
00:58:26,817 --> 00:58:28,037
He always says that.

1000
00:58:28,157 --> 00:58:29,837
Mine fiat, buy Bitcoin.

1001
00:58:30,177 --> 00:58:31,937
Yeah, that's one way to live life.

1002
00:58:33,497 --> 00:58:33,897
Absolutely.

1003
00:58:34,117 --> 00:58:35,317
That's the easiest way.

1004
00:58:35,557 --> 00:58:40,557
If like, it's very hard to live off of just blabbering about Bitcoin every day.

1005
00:58:40,817 --> 00:58:43,897
Like so mining fiat, because most jobs pay in fiat.

1006
00:58:44,057 --> 00:58:47,017
I mean, if you can't get a job that pays in Bitcoin, even better for you.

1007
00:58:47,577 --> 00:58:53,757
But mining fiat and using it to buy Bitcoin is very, it's a very good way to live life.

1008
00:58:53,837 --> 00:58:54,937
I know from experience.

1009
00:58:54,937 --> 00:58:57,437
I mean, that's what I did for the longest time.

1010
00:58:59,337 --> 00:58:59,777
Absolutely.

1011
00:59:00,177 --> 00:59:07,517
with you man with you on that yeah and money being the root of all evil is so misguided because like

1012
00:59:07,517 --> 00:59:13,057
yeah rotten money money that doesn't work money that doesn't money that isn't absolutely finite

1013
00:59:13,057 --> 00:59:20,357
that's the root of all evil so i'd say uh the the the the money printer is the root of all evil

1014
00:59:20,357 --> 00:59:24,817
printable money is the root of all evil that's that's the phrase right that's let's just let's

1015
00:59:24,817 --> 00:59:28,657
just say let's just say is the u.s dollar being printed is the root of all evil you see

1016
00:59:28,657 --> 00:59:33,057
the biggest export of the United States of America

1017
00:59:33,057 --> 00:59:34,297
is US dollars

1018
00:59:34,297 --> 00:59:37,357
and the reason USA hates cocaine

1019
00:59:37,357 --> 00:59:38,797
is because it's not produced there

1020
00:59:38,797 --> 00:59:41,157
yeah, that goes for everything

1021
00:59:41,157 --> 00:59:42,677
that isn't produced there I guess

1022
00:59:42,677 --> 00:59:43,857
yeah

1023
00:59:43,857 --> 00:59:46,817
I wonder what's going to happen

1024
00:59:46,817 --> 00:59:47,837
with all the craziness

1025
00:59:47,837 --> 00:59:50,557
I think Trump should make a note to himself

1026
00:59:50,557 --> 00:59:52,097
before invading a country

1027
00:59:52,097 --> 00:59:53,357
have a plan for what to do

1028
00:59:53,357 --> 00:59:55,257
after you bomb the shit out of their government

1029
00:59:55,257 --> 00:59:58,097
we'll see if he does or not

1030
00:59:58,657 --> 01:00:02,597
Man, I do not know if you know much about how war is affecting on our side of the world.

1031
01:00:02,897 --> 01:00:03,617
It is just too much.

1032
01:00:03,617 --> 01:00:03,917
No, interesting.

1033
01:00:04,237 --> 01:00:10,837
I would suspect that it punishes that part of the world more than it punishes this part of the world.

1034
01:00:12,277 --> 01:00:14,417
I mean, brother, I do not know.

1035
01:00:14,477 --> 01:00:16,337
Maybe it's just as a Bitcoin thing, right?

1036
01:00:16,437 --> 01:00:18,657
We follow macro news so much well.

1037
01:00:18,977 --> 01:00:23,077
But I fear there is one thing called production of oil and then there is supply of oil.

1038
01:00:23,937 --> 01:00:26,817
When production is only stock, how do you supply?

1039
01:00:26,817 --> 01:00:32,697
and there are billions of people we are connected to fuel without fuel we are nothing i've seen

1040
01:00:32,697 --> 01:00:38,597
nigerians running on fuel generators and we take electricity for granted and if there is no fuel

1041
01:00:38,597 --> 01:00:43,977
there is no urea there is no supply of fertilizers happening it's a seasonal world we live in if you

1042
01:00:43,977 --> 01:00:57,391
miss out a season of sowing your seeds you miss out on the harvest in the next season a lot of these things are connected the funny two uses from india were carlsberg ran out of beer bottles for beers and condoms ran out

1043
01:00:57,391 --> 01:01:01,711
of laxatives that made me for making condoms in india so there you can start seeing the things

1044
01:01:01,711 --> 01:01:07,431
that are affecting us in the common things but it is not healthy but yet again this is the step to

1045
01:01:07,431 --> 01:01:12,171
hyperboliconization right there was supposed to be war there was supposed to be blood there was

1046
01:01:12,171 --> 01:01:15,951
supposed to be pain in the world for people to understand yes their money is corrupted

1047
01:01:15,951 --> 01:01:22,251
as you said klepto and trapto it is all in that everything's happening here with us but this world

1048
01:01:22,251 --> 01:01:26,411
is going to be challenged we're going to go through some crazy times if this stuff doesn't

1049
01:01:26,411 --> 01:01:31,551
improve because there is pride of mr trump and then there is legacy of the iranian the persian

1050
01:01:31,551 --> 01:01:36,871
regime like they call like to call it i know activisms from iran war who aren't happy with

1051
01:01:36,871 --> 01:01:38,551
what the regime is doing to them.

1052
01:01:38,651 --> 01:01:39,551
I know that personally.

1053
01:01:40,551 --> 01:01:41,371
Of course not.

1054
01:01:41,731 --> 01:01:43,891
It's a horrible regime, absolutely.

1055
01:01:44,291 --> 01:01:47,191
But fucking up the world economy is not good either.

1056
01:01:47,731 --> 01:01:49,791
I mean, I am in the favor of the change happening.

1057
01:01:49,951 --> 01:01:51,591
But then yet again, you know, look at them.

1058
01:01:51,711 --> 01:01:53,151
For 5,000 years, they are there.

1059
01:01:53,811 --> 01:01:55,031
They have never been challenged.

1060
01:01:55,171 --> 01:01:58,711
The mountainous regions, they control such an important part of the world.

1061
01:01:58,991 --> 01:02:04,051
And as neighbors who are neighboring to Iran should be in favor of Iran.

1062
01:02:04,051 --> 01:02:07,531
And I cannot say who's right, who's wrong here.

1063
01:02:07,611 --> 01:02:08,671
The regime should go yes.

1064
01:02:08,831 --> 01:02:11,871
But if USA wins this, then nobody challenges USA.

1065
01:02:12,811 --> 01:02:15,791
And if Iran wins this, USA loses its foothold.

1066
01:02:15,851 --> 01:02:17,711
I was looking at the US bases around the world.

1067
01:02:18,071 --> 01:02:19,911
They have like 400 plus bases.

1068
01:02:20,431 --> 01:02:23,331
160 plus are in Japan and another 140 in Germany.

1069
01:02:24,731 --> 01:02:26,871
And the rest of the other bases around the world.

1070
01:02:26,991 --> 01:02:29,511
It's time for the US power as they call the fourth turning.

1071
01:02:29,511 --> 01:02:34,871
or you look from radio's videos that says like it is a change of the world changing world order

1072
01:02:34,871 --> 01:02:41,771
i feel this is a grave mistake that person has done to just show that yes he's powerful but it's

1073
01:02:41,771 --> 01:02:46,411
going to cost us another year two years or three years or five years as qatar lng said but they

1074
01:02:46,411 --> 01:02:50,651
went force measure on it and saying that there would be no gas supply for the next three to five

1075
01:02:50,651 --> 01:02:55,511
years it's going to give the world a reality check i would say if the covid was an internship

1076
01:02:55,511 --> 01:02:59,411
this energy, Lomar is going to be a real job.

1077
01:03:00,371 --> 01:03:04,531
I heard a theory that he might actually have planned to lose the war

1078
01:03:04,531 --> 01:03:09,231
and that the rationale for that would be Venezuela and Canada.

1079
01:03:09,531 --> 01:03:14,311
So he's trying to make, and this would be aligned with the whole protectionist worldview

1080
01:03:14,311 --> 01:03:17,891
that he seems to have with the liking tariffs and such things.

1081
01:03:18,071 --> 01:03:22,731
I mean, I think all protectionism is bad for the country doing it in the long run,

1082
01:03:22,731 --> 01:03:31,571
But like that would make sense that Trump is doing this to have an excuse to bring production of oil back to the Americas.

1083
01:03:31,571 --> 01:03:39,791
So he wants to produce it in Venezuela and Canada and then do the manufacturing in Mexico and not be as dependent on China as he is now.

1084
01:03:40,811 --> 01:03:46,371
Because right now the U.S. is very dependent on China and it's also very dependent on the Middle East for oil.

1085
01:03:47,051 --> 01:03:51,751
So I mean, I don't know what really drives geopolitics.

1086
01:03:51,751 --> 01:04:00,751
I like a version of Occam's razor that I call Svonholm's razor, which is never a tribute to 5D chess, that which can be explained by retardation.

1087
01:04:01,551 --> 01:04:06,211
And I think this is probably true that he just didn't have a plan for what to do afterwards.

1088
01:04:06,431 --> 01:04:14,051
But it's interesting to see, like geopolitics is, for better or worse, interesting to see how it plays out.

1089
01:04:14,231 --> 01:04:17,271
But you said there are fewer condoms in India now?

1090
01:04:17,271 --> 01:04:24,011
holy shit aren't you guys like 1.4 billion people already what happens when you stop condom

1091
01:04:24,011 --> 01:04:31,071
production oh man we would be the number one world in the world number one country i think

1092
01:04:31,071 --> 01:04:36,111
you already are uh yeah i'm just seeing how these things are going to be affecting us also right

1093
01:04:36,111 --> 01:04:42,671
india runs on a lot of outsourcing with ai also taking over the world a lot of outsourcing jobs

1094
01:04:42,671 --> 01:04:46,991
will be disappeared from india a lot of real estate offices will be empty and then then you

1095
01:04:46,991 --> 01:04:48,831
have this ample amount of

1096
01:04:48,831 --> 01:04:51,211
shortage of condoms

1097
01:04:51,211 --> 01:04:53,551
there. Yeah, and you're not

1098
01:04:53,551 --> 01:04:55,311
outsourcing baby production

1099
01:04:55,311 --> 01:04:56,111
anytime soon.

1100
01:04:57,711 --> 01:04:58,931
In fact, you're welcome, right?

1101
01:04:58,951 --> 01:05:01,111
You have test tube babies. You can rent a

1102
01:05:01,111 --> 01:05:02,251
womb for your

1103
01:05:02,251 --> 01:05:04,151
babies. Yes, yes.

1104
01:05:05,431 --> 01:05:06,631
Rent a womb.

1105
01:05:06,991 --> 01:05:08,911
It's a great name for a company.

1106
01:05:09,651 --> 01:05:10,471
Rent a womb

1107
01:05:10,471 --> 01:05:11,971
fertility clinic.

1108
01:05:13,491 --> 01:05:14,091
It's true.

1109
01:05:14,931 --> 01:05:16,951
We give you a very nice

1110
01:05:16,951 --> 01:05:21,631
environment for your baby to blossom and to grow and then you can take it with you

1111
01:05:21,631 --> 01:05:29,951
that's the next feature how dangerous in india i have i'm embarrassingly not well read on on this

1112
01:05:29,951 --> 01:05:36,231
stuff but like how is car crime rates in india like to me you always seemed like a peaceful people

1113
01:05:36,231 --> 01:05:43,591
oh yes uh i can tell you for thousands of years we were like the northern part of india was uh

1114
01:05:44,391 --> 01:05:48,551
attacked, killed and raped by all the people coming in the northern part, the southern part,

1115
01:05:48,551 --> 01:05:54,551
not as much. But this country is still on that karmic belief. It's still safe.

1116
01:05:56,071 --> 01:06:01,431
Until I don't know the inflation day makes people angry. But the country is kind people.

1117
01:06:02,071 --> 01:06:16,546
They have a lot of religions I guess all the gods I call India is the Walmart of gods So all the gods are in favor of helping each other It a safe country I would say that People are kind the food is great and you might get a deli belly

1118
01:06:17,086 --> 01:06:19,866
You might get that thing because there's a lot of spices and all in there.

1119
01:06:20,246 --> 01:06:21,426
You might enjoy your colors.

1120
01:06:21,806 --> 01:06:23,166
But it's a safe country, I would say that.

1121
01:06:23,166 --> 01:06:28,966
Yeah, I mean, India is dangerous for other reasons than South America is dangerous.

1122
01:06:28,966 --> 01:06:34,086
So it's dangerous because you might get a bad tummy after eating something strange.

1123
01:06:34,566 --> 01:06:36,786
And the tigers, of course, tigers are super dangerous.

1124
01:06:37,926 --> 01:06:40,526
Well, I wrote about India in one of the books.

1125
01:06:40,666 --> 01:06:44,266
I think in two of the books, like Everything Divided and Clown World,

1126
01:06:44,386 --> 01:06:51,546
we brought up the rupee bill thing that passed like five or seven years ago or something like that.

1127
01:06:51,906 --> 01:06:52,726
It's pretty vile.

1128
01:06:52,726 --> 01:06:58,906
The way I understand it, the 500 rupee bill and the 1,000 rupee bill was taken out of circulation

1129
01:06:58,906 --> 01:07:04,666
on a Friday. And then people had four days to convert there, but it was a weekend, so they

1130
01:07:04,666 --> 01:07:09,366
couldn't really convert it because the bank was closed down. And then after that, if I understand

1131
01:07:09,366 --> 01:07:14,946
correctly, the bills were still in use, even though they weren't really worth the number that

1132
01:07:14,946 --> 01:07:18,906
was printed on the bill, but slightly less. What was your experience with that?

1133
01:07:19,786 --> 01:07:24,246
Man, at that very moment, I remember I was in Mexico. It was 2016 for that matter.

1134
01:07:24,246 --> 01:07:26,146
and I was in Mexico

1135
01:07:26,146 --> 01:07:28,166
and I had some rupees with me

1136
01:07:28,166 --> 01:07:29,786
and I had to courier them back

1137
01:07:29,786 --> 01:07:31,586
about some hundred dollars worth of rupees

1138
01:07:31,586 --> 01:07:33,606
and it wasn't a weekend

1139
01:07:33,606 --> 01:07:35,786
it was a good 30-60 days

1140
01:07:35,786 --> 01:07:37,046
that they had given it to them

1141
01:07:37,046 --> 01:07:39,046
they took out all the money

1142
01:07:39,046 --> 01:07:40,726
out from people's homes

1143
01:07:40,726 --> 01:07:44,206
India runs on the banking system

1144
01:07:44,206 --> 01:07:45,306
and the Havala system

1145
01:07:45,306 --> 01:07:47,286
Bitcoin being Havala 2.0

1146
01:07:47,286 --> 01:07:49,586
and the Havala system

1147
01:07:49,586 --> 01:07:52,746
is the non-negal system

1148
01:07:52,746 --> 01:07:53,686
but it works

1149
01:07:53,686 --> 01:08:00,326
you can send money between places. So that's the lifeline of the Indian ecosystem. Not everything

1150
01:08:00,326 --> 01:08:04,246
is disclosed to the government. Like only 2% of the Indians pay taxes, income tax.

1151
01:08:04,806 --> 01:08:12,966
For the 1.4 billion, you can say 28 million people. So that's that. And the country wanted

1152
01:08:12,966 --> 01:08:17,926
just to control on terrorism. That's what they called. But I guess it was just Mr. Moody coming

1153
01:08:17,926 --> 01:08:23,846
into power and letting us know that their old money will not be used because there was a lot of

1154
01:08:23,846 --> 01:08:30,286
duplication and forgery happening. That was the reason that they had given to all of us.

1155
01:08:30,606 --> 01:08:34,926
But the major thing I see was they just sucked out dry everybody's cushion system in the world,

1156
01:08:35,086 --> 01:08:40,106
in our country. My money did not get converted. My friends who had money, they were moving in

1157
01:08:40,106 --> 01:08:46,526
circulation. They had a reduced value of 20 to 40%. There were still people able to convert their

1158
01:08:46,526 --> 01:08:49,386
our old rupees into new rupees.

1159
01:08:50,086 --> 01:08:51,246
There were all these challenges.

1160
01:08:51,866 --> 01:08:55,926
And as of now, if you look at it, you just, you know, you take a vacuum cleaner and you

1161
01:08:55,926 --> 01:09:00,806
just suck out all the money, which keeps the familyhood, the livelihood alive, their base

1162
01:09:00,806 --> 01:09:01,186
system.

1163
01:09:01,446 --> 01:09:02,726
It's all out in the open.

1164
01:09:03,106 --> 01:09:04,366
A lot of people lost their wealth.

1165
01:09:04,486 --> 01:09:06,026
A lot of people lost their trust in the government.

1166
01:09:06,026 --> 01:09:10,066
But here we are 10 years later, going from a dollar to a hundred rupees.

1167
01:09:10,206 --> 01:09:11,786
Back then a dollar was 50 rupees.

1168
01:09:12,206 --> 01:09:13,646
Now we are at a dollar at a hundred rupees.

1169
01:09:14,386 --> 01:09:15,226
So nothing changed.

1170
01:09:15,226 --> 01:09:22,086
Just the government's way, as you have covered in the book, it is just the government's way of having a control on us humans.

1171
01:09:22,326 --> 01:09:28,586
Because if you control the financial instrument, you practically control the person, and they control us.

1172
01:09:29,586 --> 01:09:33,646
Yeah, they have two major wrappers to wrap these policies in.

1173
01:09:33,746 --> 01:09:36,906
And one is terrorism, and the other is protect the children.

1174
01:09:37,546 --> 01:09:41,286
That's how they wrap all the bad ideas when they need to sell them to the public.

1175
01:09:41,286 --> 01:09:56,826
Like digital IDs, for instance, are wrapped as protect the children, removing money from people and money laundry laws and KYC bullshit that's labeled anti-terrorist things.

1176
01:09:57,866 --> 01:10:00,946
Surveillance is anti-terrorism and for your own safety.

1177
01:10:00,946 --> 01:10:03,366
it's all so laughable

1178
01:10:03,366 --> 01:10:05,226
when you see through it and when you

1179
01:10:05,226 --> 01:10:07,386
know how these people lie

1180
01:10:07,386 --> 01:10:09,066
it's so easy to like just

1181
01:10:09,066 --> 01:10:11,366
pierce the veil and see the man behind

1182
01:10:11,366 --> 01:10:13,326
the curtain. Pierce the

1183
01:10:13,326 --> 01:10:15,126
veil and see the man behind the curtain

1184
01:10:15,126 --> 01:10:17,366
buy notes books

1185
01:10:17,366 --> 01:10:19,526
you're talking about books

1186
01:10:19,526 --> 01:10:20,686
brother has

1187
01:10:20,686 --> 01:10:23,066
covered the geopolitical angle

1188
01:10:23,066 --> 01:10:25,366
of how China owns

1189
01:10:25,366 --> 01:10:27,346
the world. I have added in

1190
01:10:27,346 --> 01:10:29,226
different parts of the books like in Africa

1191
01:10:29,226 --> 01:10:35,826
per se, they provide you with airports, seaports, roadways, railways, mining, casinos, restaurants.

1192
01:10:36,626 --> 01:10:43,506
They provide gifts. If IMF is there to cause pain in your problem, they are there to empower you,

1193
01:10:43,586 --> 01:10:48,666
the Chinese people. They have done a really great job and they have given, I know they bring their

1194
01:10:48,666 --> 01:10:53,466
own people for construction, but they have empowered these people. Whereas United States

1195
01:10:53,466 --> 01:11:02,186
of American way or the IMF way is to just put them in fear and take them and to devalue

1196
01:11:02,186 --> 01:11:05,406
their currencies, which they have been doing it years and years.

1197
01:11:05,646 --> 01:11:09,046
The Chinese way was to empower them, which was pretty much the English way.

1198
01:11:09,206 --> 01:11:12,806
This is what the English had done by providing them the railways and the airports and the

1199
01:11:12,806 --> 01:11:13,206
seaports.

1200
01:11:13,906 --> 01:11:15,046
So it's a Chinese way.

1201
01:11:15,146 --> 01:11:33,800
I see Chinese Yuan being used very quickly by most of these countries because it provides them hope and not fear there is enough of fear from the last 50 60 years since they have independence I see that as happening I covered this in different countries different chapters of how China is a friend and not a folk

1202
01:11:34,320 --> 01:11:38,680
This is a lovely perspective because this is not the Chinese government.

1203
01:11:39,020 --> 01:11:41,200
It's the Chinese people that are your friends.

1204
01:11:41,200 --> 01:11:46,380
So the thing is, I remember back in my sailing days, I went to the Cape Verde Islands twice.

1205
01:11:46,380 --> 01:11:49,020
once in the beginning of that job and once at the end.

1206
01:11:49,100 --> 01:11:50,180
So eight years apart.

1207
01:11:50,420 --> 01:11:53,760
And the Cape Verde Islands changed a lot during those eight years.

1208
01:11:54,140 --> 01:11:57,600
And a lot of that was because Chinese infrastructure was brought in.

1209
01:11:57,600 --> 01:12:03,800
Like I had the biased view that the Chinese had mostly brought up East Africa,

1210
01:12:03,980 --> 01:12:04,960
but it's not true.

1211
01:12:05,100 --> 01:12:06,320
They're all over the place.

1212
01:12:06,600 --> 01:12:12,380
Like Cape Verde is an island outside of Senegal or a couple of islands.

1213
01:12:12,660 --> 01:12:13,600
It's very westerly.

1214
01:12:13,600 --> 01:12:24,360
But yeah, the Chinese people come and they make the places better because they provide people with goods and services and it's all good.

1215
01:12:24,600 --> 01:12:28,140
So I think that's a viewpoint that does not get aired enough.

1216
01:12:28,260 --> 01:12:32,540
All you hear is this fear about them buying up local stuff.

1217
01:12:32,800 --> 01:12:36,120
But I mean, if it's a free market process, then who can complain?

1218
01:12:36,240 --> 01:12:38,040
Everyone has something to gain from it.

1219
01:12:38,120 --> 01:12:40,300
It's not like people aren't getting paid for stuff.

1220
01:12:40,300 --> 01:12:43,200
So yeah, looking forward to reading that one day.

1221
01:12:43,600 --> 01:13:03,740
Yeah, man. I thank you so much. I leave Cape Verde. Look at El Salvador. You go after one China policy. You disagree that Taiwan is a different country. And then, voila, you're showered with gifts. That includes libraries and buildings and airports and seaports. You're showered with gifts with one China policy.

1222
01:13:03,740 --> 01:13:19,840
Yes. Oh, I loved seeing that Chinese library in San Salvador last time because I could find my own books there. And that was a surreal experience. Like here's a Central American country with a Chinese library and here are my books for some reason. That was surreal to me.

1223
01:13:19,840 --> 01:13:29,360
And I know that Joe Nakamoto, our mutual friend, he has been there just to check out if the Chinese government were doing censorship to the books in that library.

1224
01:13:29,860 --> 01:13:33,980
So he tried to find books on Winnie the Pooh, and he could.

1225
01:13:33,980 --> 01:13:38,660
So, yeah, you can find Winnie the Pooh books in the Chinese library in El Salvador.

1226
01:13:38,980 --> 01:13:42,740
And you can also find articles about the Tiananmen Square massacre.

1227
01:13:43,460 --> 01:13:46,520
So they are not censoring those two things, at least.

1228
01:13:47,160 --> 01:13:48,560
And that's very good.

1229
01:13:48,560 --> 01:13:49,060
I mean

1230
01:13:49,060 --> 01:13:50,520
What's next coming

1231
01:13:50,520 --> 01:13:50,900
You know

1232
01:13:50,900 --> 01:13:52,440
It's Confucius Institutes

1233
01:13:52,440 --> 01:13:52,940
And CCP

1234
01:13:52,940 --> 01:13:54,960
Way of Governance

1235
01:13:54,960 --> 01:13:55,980
Those are lots

1236
01:13:55,980 --> 01:13:57,020
Of institutes

1237
01:13:57,020 --> 01:13:57,800
That I saw across

1238
01:13:57,800 --> 01:13:59,920
In Dominican Republic

1239
01:13:59,920 --> 01:14:00,940
Or in African countries

1240
01:14:00,940 --> 01:14:01,600
Like Tanzania

1241
01:14:01,600 --> 01:14:02,060
Malawi

1242
01:14:02,060 --> 01:14:03,140
They will teach you

1243
01:14:03,140 --> 01:14:04,200
How is the CCP governance

1244
01:14:04,200 --> 01:14:05,580
And they will teach you

1245
01:14:05,580 --> 01:14:06,300
How is the Confucius

1246
01:14:06,300 --> 01:14:06,920
Way of life

1247
01:14:06,920 --> 01:14:08,220
And you'll be learning

1248
01:14:08,220 --> 01:14:08,700
Chinese

1249
01:14:08,700 --> 01:14:09,720
And the next thing is

1250
01:14:09,720 --> 01:14:10,500
I heard recently

1251
01:14:10,500 --> 01:14:11,620
Kenya just converted

1252
01:14:11,620 --> 01:14:12,760
Most of its debt

1253
01:14:12,760 --> 01:14:13,580
From US dollars

1254
01:14:13,580 --> 01:14:14,460
To Chinese yuan

1255
01:14:14,460 --> 01:14:16,340
Well China is there

1256
01:14:16,340 --> 01:14:17,220
Your friend man

1257
01:14:17,220 --> 01:14:18,160
Reach out a hand

1258
01:14:18,160 --> 01:14:18,980
in the Lu Ni Hao.

1259
01:14:20,140 --> 01:14:22,320
Yeah, you need to know how to say Ni Hao

1260
01:14:22,320 --> 01:14:25,020
and you need to know how to say Namaste

1261
01:14:25,020 --> 01:14:28,320
now that the Indian condom factories

1262
01:14:28,320 --> 01:14:30,560
are not producing condoms anymore.

1263
01:14:30,780 --> 01:14:32,700
It's a good skill to have for the future.

1264
01:14:33,420 --> 01:14:35,760
Paco, I think it's time we wrap this up.

1265
01:14:35,880 --> 01:14:37,020
I love this conversation.

1266
01:14:37,300 --> 01:14:38,800
Always a pleasure talking with you

1267
01:14:38,800 --> 01:14:40,960
and always like I love optimists

1268
01:14:40,960 --> 01:14:42,660
and you're clearly an optimist

1269
01:14:42,660 --> 01:14:45,220
and you see hope where others see FUD

1270
01:14:45,220 --> 01:14:46,640
and I love that.

1271
01:14:46,640 --> 01:14:51,340
so thank you very much for this conversation and i hope to see you in real life soon and

1272
01:14:51,340 --> 01:14:56,360
tell me more about the conference when you know yes yes thank you thank you no thank you so much

1273
01:14:56,360 --> 01:15:02,420
for hosting me uh thank you to all the listeners out there um i uh before i leave i can i just say

1274
01:15:02,420 --> 01:15:08,380
i'm running a crowdfund campaign it's an all or nothing campaign uh it ends in about 29 days from

1275
01:15:08,380 --> 01:15:13,560
now 28 days it's for my book so if you want to buy a book uh it's available on geyser fund

1276
01:15:13,560 --> 01:15:16,840
it's called geyser.fund slash proof of work

1277
01:15:16,840 --> 01:15:20,400
you can buy yourself a letter bound copy

1278
01:15:20,400 --> 01:15:21,880
or you can just share your blessings

1279
01:15:21,880 --> 01:15:23,840
that will be very very helpful

1280
01:15:23,840 --> 01:15:27,920
and please say namaste to you and your family

1281
01:15:27,920 --> 01:15:31,780
yes absolutely go check out Geyser Fund in general

1282
01:15:31,780 --> 01:15:33,580
there's a lot of great projects there

1283
01:15:33,580 --> 01:15:35,700
that's just like how we take over the world

1284
01:15:35,700 --> 01:15:38,280
through uncensorable crowdfunding

1285
01:15:38,280 --> 01:15:40,060
it's absolutely beautiful

1286
01:15:40,060 --> 01:15:42,860
and go follow Paco on X.

1287
01:15:43,360 --> 01:15:45,780
And are there any other places on the internet

1288
01:15:45,780 --> 01:15:47,120
you want to send our listeners to?

1289
01:15:48,200 --> 01:15:49,160
Definitely Nostar.

1290
01:15:49,320 --> 01:15:51,580
I'm called Paco on there or Run With Bitcoin.

1291
01:15:51,760 --> 01:15:52,560
You would find me there.

1292
01:15:53,440 --> 01:15:55,440
Please use Nostar in this world of centralization.

1293
01:15:55,640 --> 01:15:58,120
Please use Nostar and use Bitcoin as money.

1294
01:15:58,860 --> 01:16:00,560
And on centralized networks called X,

1295
01:16:00,640 --> 01:16:01,600
I'm called Run With Bitcoin

1296
01:16:01,600 --> 01:16:03,520
and Paco de la India on YouTube.

1297
01:16:04,640 --> 01:16:05,940
That's for me, man.

1298
01:16:06,700 --> 01:16:08,040
Hold on, send me your blessings.

1299
01:16:08,040 --> 01:16:13,360
Well, you have all the blessings I can conjure up here.

1300
01:16:13,880 --> 01:16:15,860
And namaste.

1301
01:16:16,260 --> 01:16:17,740
See you next time, Paco.

1302
01:16:17,860 --> 01:16:19,820
This has been the Bitcoin Infinity Show.

1303
01:16:20,040 --> 01:16:20,780
Thanks for listening.

1304
01:16:21,060 --> 01:16:22,780
Go look up what a Shivalinga is.

1305
01:16:22,960 --> 01:16:23,300
Bye-bye.

1306
01:16:24,340 --> 01:16:24,780
I don't mind.

1307
01:16:38,040 --> 01:17:08,020
Thank you.