WEBVTT

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I'm never going to make that quieter.

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What's up? Welcome to better by Bitcoin episode. What is this?

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007.

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007. James Bond episode.

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Today we have a few new faces. We're gonna be doing an episode

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today on it's gonna sound like this is like a Bible study. It's

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on the parable of the talents. My name is Anton Syme. I'm a

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filmmaker, director of photography. I did the movies.

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No safe spaces. What is a woman? Am I racist? I am in no way a

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theologian. So I'm going to introduce this topic, although

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doing theology is way out of my depth, but we're going to bring

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it all together, bring it back to Bitcoin. So I guess we can

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start out by just letting everybody else introduce

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themselves. JD, you want to go first?

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Sure. So I am JD. My goal and just kind of thing in life is

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like the Bitcoin ad guy. I love telling stories, love doing

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advertising, and I just really want to help move Bitcoin into

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the mainstream ad space with just storytelling. What about

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you, Bondur?

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My name is Bondur. I have had, let's see, a career in finance.

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Music, film, teaching, and engineering most recently. And

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I've basically seen firsthand how fiat destroys all of these

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industries from the inside out. And I'm here for Bitcoin. So

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been a Christian for a long time, too. But yeah. Who's next?

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We got Jordan and Brandon. Jordan.

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Jordan. Yeah. So I'm the executive director of TGFB

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Media. We exist to help Christians understand and use

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Bitcoin for the glory of God and the good of people everywhere.

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I have served as a missionary, a pastor, living overseas in

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Uruguay. And yeah, I help Christians try to think about

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Bitcoin in ways that aren't intuitively obvious to them.

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And Brandon.

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Yes, thank you. I'm Brandon Gentile. I am a former college

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hockey player, professional hockey player turned business

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guy for 10 years. Really a real estate guy, real estate

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investor. And just the last handful of years, really became

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a Bitcoin specifically, Bitcoin specific author, educator,

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podcaster, and helped Bitcoin trading cards as well with their

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back end and marketing and everything as well. So that team

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there and that is really my last 15, 20 years.

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I love it. Fun fact, if anybody didn't know it. Well, I don't

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know. I don't know if I was supposed to out it. But when

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there's Satoshi for Bitcoin trading cards, somebody here

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might have been in that costume. But anyway, that was a fun

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adventure. Yeah, Anthony, you want to kick us off with your

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thoughts on this?

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All right, sure. So Parable of Talents, what is it? It's a

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story in the Bible. And it is Jesus speaking to the disciples

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telling a parable. And you hear this get brought up. You hear

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well, okay, let me backtrack a little bit. You hear people

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sometimes in the progressive camp, especially on social

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media, sometimes just say that Jesus was a socialist. And

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another interesting thing about the Parable of Talents within

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the Parable of Talents, and I'll tell the story of what it is

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real quick. But he says the line, to each according to his

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ability, which you may hear that line and think, wait, that's

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not calling. Yeah. To to each according to his ability. From

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each according to his ability to each according to his need is

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what Karl Marx said. So Karl Marx, the, the author of the

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Communist Manifesto, basically bastardized scripture. So it

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gets really confusing for people. But in this parable,

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Jesus tells a story of a master, basically a, you could call him

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like a capitalist or like a business owner, a guy with

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money. And he has three servants. And in the story, he

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gives to one servant five talents, which I didn't do the

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math on this. I have at one point, didn't you guys know what

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a talent is and like a weight of silver by chance? Anybody

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know? I feel like it's looking over now. Yeah, it's only like

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an hour's worth of wages. Croc, help us Croc. Some somebody

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looked it up on time. So he gives one guy five talents,

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which is silver, essentially. He gives him a bunch of silver

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coins. He gives another guy two talents, and he gives another

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guy one talent. He goes on a journey. And he says steward

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over this, basically, take this, invest it, make me some

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money. And when I come back, you know, show me what you've done.

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There's a guy who had nine to 12 years wages. And if it was a

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gold talent, it was 15 to 20 years wages. Okay, I think

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these are silver. So it's a ton of money, actually.

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Yeah, one biblical talent is about 75 pounds.

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Wow. Wow. Of gold. Yeah. Yeah. What's the dollar value of 75

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pounds? 600,000 us. Okay, a lot of money. So he's essentially

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given these guys this upstart capital and said, Hey, I'm going

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to give you this money, just go out, start businesses, and let's

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expand my empire. And so the guy that he gave five to, you know,

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that guy went out and successfully ran businesses and

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was able to make enough profit that he made double the amount

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of money back. So he was originally given five talents,

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he made 10. The guy that was given to made four, so he

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doubled it, the guy that was given one, did nothing but

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basically bury it in the ground and was like, this, this greedy

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capitalist boss of mine. You know, I'm not gonna, I'm not

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gonna work for him. I'm not gonna risk his money. Basically,

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the guy didn't trust himself, but is calling the guy who gave

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the money greedy. And so when the master comes back, you know,

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everybody comes together, and he looks over the businesses. And

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he's like, wow, the guy that I gave the most to, you know, was

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able to give me a return of the exact same amount, the guy that

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I gave the second most to same thing. The third guy calls him

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greedy to his face. And then the master like throws out the guy

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who had the least. So it's a story of meritocracy. And it's a

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story that is honoring of business of building something

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of making a profit. So basically, Jesus was very much

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not a socialist, he was, he was a capitalist. What I find so

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interesting about this story, aside from that is now, we have

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Bitcoin, which is something that sort of exists outside of

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capitalism. And I think there's a lot of implications for

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everybody. But for Christians specifically, it's another

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really interesting thing about Bitcoin. It's the only money

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that doesn't have Caesar's face on it, it doesn't have, it's not,

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you know, no country owns it. And so there's interesting

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applications for that for, for Christians as well. Because, you

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know, in the Bible, there's another story where somebody

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tries to trick Jesus basically brings him this coin, and says,

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should we pay taxes? And he's like, whose face is on the coin?

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It's Caesars, it's it's Caesars money. So you know, feel free to

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give it to him. God is the one who provides all of your your

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income anyway. So if you trust God, you should, you know, not

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be concerned about paying taxes and stuff. But Bitcoin doesn't

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have anybody's face on it. So after saying all that, what are

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you guys thoughts on this?

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In the biblical context of like Bitcoin, rather, or like the

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like, well, I guess what's the stir the pot a little bit. So

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actually, let me stir the pot. Jordan, knowing your history as

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like a missionary, how do you think this, you know, the story

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of the talents kind of resonates in the Bitcoin era with like

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people in Venezuela, or people just in Latin America, like the

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greater south? When it comes to? Do you think they actually can

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get back to believing that you can get ahead? Because they've

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been pushed out so hard?

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Yeah, I mean, I don't think they have a problem thinking about

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getting ahead. I don't think I think that this story is really

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important. Because the the thing that you I mean, you hit on the

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fact that you know, God isn't a socialist and God doesn't. Again,

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he were quite true generosity is is volitional generosity. It

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doesn't it just doesn't mean a government telling you you have

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to do this. And you know, saying like, we have control over all

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these things, we're going to force you to do we're gonna

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force you to be generous, like that, that's not generosity. And

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so what you what you see here is in this in this story, it's

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really, really interesting. And the reason I think it's

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important is because we don't have any framework for what the

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scriptures and what God thinks about money, what God thinks

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about generosity, we are like, so far, it's kind of like the

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phrase here, like late stage capitalism, you know, it's all

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fraught phrase in and of itself. But like, you have this thing

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where everyone just like, Oh, yeah, yeah, late stage

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capitalism. Sure. Yeah. You know, and it's just like, we act like

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we understand what these things mean, even though we really have

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done the first clue. And so I think that this passage can be

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one that's helpful to start to, you know, start to form and like

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layout and kind of articulate a biblical understanding of, you

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know, of economics more broadly, in addition to, you know, just

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investing, there's lots of things here. So like, just the

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idea of like God, God giving people not the exact same

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amount, like that offensive to a whole lot of people like God,

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God doesn't just give everybody the same amount. So we're not

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God is not a radical egalitarian in this sense. You know, it's,

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it should do we have a problem with the fact that Elon Musk,

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you know, is a is, you know, a quadrillionaire and the rest of

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us aren't what knows. That's, that's okay. That's fine. You

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know, and again, we obviously there's, we could get into

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details. And obviously, there's exceptions to this. There's

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different, there's list different ways of making money

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that are that are more or less listed in your moral than

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others. But I still think this is a it's a helpful thing to

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think about. You know, just the fact that you have some sort of

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framework, because most of us were just kind of grasping,

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we'll just, you know, this is what I've heard, this is what I

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see, and just try to normalize, you know, try to normalize

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things. And so I just think it's, it's one of the things

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where you need to, I think we're in a moment where, again, people

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don't know what things are, and we don't have a framework by

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which to determine what we do know. So we don't have like a

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big $5 word is like epistemological framework.

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epistemology is just how do you know what you know. And so I

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think that we're in a moment where people are really

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struggling to try to figure out how do we really know anything.

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And so you have people on the on the left who are saying, well,

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this is what I feel, you know, and so I'm going to, I'm going

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to trust my feelings. This is what I, you know, my body, I

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feel out of place my body. And so I, you know, this is how I

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know, I know what I should do, because, you know, I feel this

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way. And so I think that's, that's one source of

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epistemological truth. And then I think there's a whole bunch of

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other ones that we, you know, there's that other groups use.

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And so I think that, again, just having this verse in this

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passage, and I think Christians need to start thinking about how

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to help the people around them, whether they're Christians or

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not think through and acknowledge, you know, and

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understand the difficulties that they're enduring and kind of why

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why those are.

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Brandon, do you have any thoughts on like, you know,

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because I'm curious, kind of double clicking from your

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perspective, because I know you have the athlete perspective.

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And I'm very curious if there's an angle to like, the number of

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NFL stars and the number of NHL stars are just athletes who go

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professional, but then they lose everything, right? Like, why do

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you think that is? And do you think it's like, is it a lack of

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God? Like, is it a lack of understanding of something like

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this? Or it's like, hey, you kind of have to like, because

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the word is stewardship, right? It's like, they're not, do they

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not learn how to be good stewards? Like, I don't know.

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I'm just curious.

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Yeah, no, this is something I think about a lot, just in terms

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of how does a society collapse, I guess, like, what comes first?

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And I probably talked about this with you, J.D., I probably

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talked about with you, Jordan, I just like what comes first? Is

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it, is it God that leaves society first? Or, you know, the

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people remove themselves from God, from truth, and then the

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money goes? Or is it the money that goes first, and then it

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becomes people just unravel, and then like, God goes, you know,

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right after that, or just morality? It's like, what comes

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first? You always come back to like, okay, yeah, people leave

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God, people leave truth first, and then it's very easy for the

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money to become corrupted. And someone, I think Anton was

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saying earlier, a quick aside is that, like, Bitcoin, the

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monetary layer, I think, because I was, I was just talking over

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Christmas about this with a couple of family members, and

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they were getting very confused in thinking that the money was

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intricately linked to the economic system you have. So

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like, it's very timely, I guess, talking about Karl Marx, right?

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Where in this parable about people like interlinked, like

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thinking of capitalism and inflation, or like, natural,

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like, inflation is a natural law, like that, like, that's

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just part of life. Like, that's how money works. And it's

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couldn't be further from the truth, where money is the

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foundation, it's the bedrock, you know, pulling on another,

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you know, thinking about another verse in the Bible, but being

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you build your house on rock, or, you know, instead of sand,

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right? So monetary bedrock is there, that's what undergirds

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the financial system. And then you build your system on top

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that whatever you choose, I mean, it could be socialism could

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be capitalism, it could be whatever it is. But when you

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corrupt that bedrock, or you're building on sand, which would be

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fiat, then you can put anything as we see, you can put

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capitalism, the best thing we found to run a human economic

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structure, and it's still going to collapse over time, this

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where is where Jordan, you made me think of this, where the like

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late stage fiat, because that it's not capitalism is failing,

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it's the monetary bedrock, that's on sand, it's late stage

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fiat, because now everything's just falling and collapsing and

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floating in on itself. So and then bring it back to just the

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parable itself, I think, again, it's such a great parable,

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because it's, it's showing as well, like you can, you can't,

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it's okay to, you know, Christians, I think have a hard

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time just being okay with wealth at times, right. And it's okay

00:15:26.159 --> 00:15:28.960
to go multiply your wealth, we need to go multiply our wealth

00:15:28.960 --> 00:15:33.119
to go then really combat evil, all over the place and combat

00:15:33.159 --> 00:15:36.119
darkness and disinfect darkness. And a lot of times you have to

00:15:36.119 --> 00:15:38.359
have wealth in order to do that. And then the other half time

00:15:38.359 --> 00:15:40.719
you don't, you know, you can be Mother Teresa, you could be

00:15:40.760 --> 00:15:43.599
extremely poor or in poverty or, or whatever it might be and

00:15:43.599 --> 00:15:47.239
doing good works. But another way, a big way to combat that

00:15:47.239 --> 00:15:50.880
is to have wealth and then, you know, go and do good deeds with

00:15:50.880 --> 00:15:54.159
that wealth. So I think it's just a it's a great parable to

00:15:54.159 --> 00:15:56.239
talk about, because there's so many, you can just take so many

00:15:56.280 --> 00:15:56.919
ways with it.

00:15:58.799 --> 00:16:02.599
I, when I was younger, I used to think that, you know, I look at

00:16:02.599 --> 00:16:06.840
these, like, tribes that existed, you know, like the

00:16:07.119 --> 00:16:11.200
K'un, I think they're called the San and the Kalahari. And they

00:16:11.200 --> 00:16:14.359
were like these egalitarian tribes. And I would look at

00:16:14.359 --> 00:16:16.840
them, they didn't have anything, they didn't have buildings,

00:16:16.880 --> 00:16:19.479
they, they just were hunter gatherer tribes. And I would

00:16:19.479 --> 00:16:23.359
think, those people are basically the best people in the

00:16:23.359 --> 00:16:26.159
world. I, essentially, I thought that they didn't have

00:16:26.159 --> 00:16:31.080
sin that, that their society just functioned perfectly. And

00:16:31.080 --> 00:16:34.479
it turns out that's not true at all. And that in throughout

00:16:34.479 --> 00:16:40.000
history, basically, all tribes have had warfare against each

00:16:40.000 --> 00:16:42.679
other, they have all the same struggles that we have, they

00:16:42.679 --> 00:16:47.679
just don't have the technology to build things. So what do you

00:16:47.679 --> 00:16:53.799
guys think about the idea of like cultivating, and gardening

00:16:53.840 --> 00:16:59.599
and building? And, and then like, how, how will a world in

00:16:59.599 --> 00:17:02.919
which Bitcoin is gaining more and more value? How will it

00:17:02.919 --> 00:17:07.640
change the way that we cultivate the world and our role in that?

00:17:10.680 --> 00:17:12.599
I'm curious, I'm really curious, your, your take on this

00:17:12.599 --> 00:17:14.920
Pandora, because you, you actually both of you guys have

00:17:14.920 --> 00:17:21.319
lived in LA longer than I have, but like, I'm very curious if

00:17:21.319 --> 00:17:23.920
cities will ever be built like Los Angeles again. And it's

00:17:23.920 --> 00:17:26.119
actually interesting, because like half of Los Angeles just

00:17:26.119 --> 00:17:33.239
burned down. But being raised, way, way, way less than half,

00:17:33.239 --> 00:17:39.400
but yeah, I know. Yeah. 1%. I wish you were. Come on, man.

00:17:40.520 --> 00:17:43.839
But, but that's nothing burned down. I mean, Malibu, the

00:17:43.839 --> 00:17:45.760
Palisades, Altadena was amazing.

00:17:46.000 --> 00:17:52.479
I know, it's wild. But the, the question is, like, you know, is

00:17:52.479 --> 00:17:56.520
it going to be rebuilt? On a big, like, we're still in

00:17:56.520 --> 00:17:59.920
Fiat land, right? But do you think there's a chance that some

00:17:59.920 --> 00:18:03.439
of the thinking that goes back into the reconstruction is like

00:18:03.439 --> 00:18:05.920
a Bitcoin bedrock, kind of like what Brandon was talking about?

00:18:05.920 --> 00:18:09.520
Like, can the foundation be Bitcoin? And then it's like, is

00:18:09.520 --> 00:18:11.640
the stewardship of this space going to be different? Or do you

00:18:11.640 --> 00:18:13.719
think it's just going to be, it's actually going to get

00:18:13.719 --> 00:18:16.359
worse? Like people are going to put like an 80 story high rise

00:18:16.359 --> 00:18:19.599
with the 70,000 sardine cans, and just try and go with it?

00:18:20.880 --> 00:18:24.959
Yeah, it'll be 80,000 story, sardine high rise, of course,

00:18:25.239 --> 00:18:28.239
because, because Bitcoin is gonna take a long time to, to

00:18:28.239 --> 00:18:32.599
make its way through the culture. And that's just, that's

00:18:32.599 --> 00:18:34.959
just the way it is. That's how the growth is going to happen.

00:18:34.959 --> 00:18:38.400
Because it's all bottom up, not top down. You can't just say,

00:18:38.959 --> 00:18:43.119
great, everyone use Bitcoin in the, even in El Salvador, where

00:18:43.119 --> 00:18:46.079
they've tried to do that. The people in El Salvador, like some

00:18:46.079 --> 00:18:49.400
of them are like, yeah, this is great. But the vast majority are

00:18:49.400 --> 00:18:56.199
like, no, no, thanks. Just give me what I'm used to. Um, but to

00:18:56.199 --> 00:18:59.800
bring it back to the Parable of Talents. Because there is an

00:18:59.800 --> 00:19:02.760
interesting thing. There's an interesting dynamic here. The

00:19:02.800 --> 00:19:06.479
fundamental like assumption in a Parable of Talents situation is

00:19:06.479 --> 00:19:14.239
that they had monetary metals as their money, right? Which are

00:19:14.239 --> 00:19:18.839
inherently inflationary as you mine more monetary metals. So

00:19:18.839 --> 00:19:22.000
that's why like, there's this assumption in the parable that

00:19:22.000 --> 00:19:27.000
says, yo, we are, you know, if you just, if you just bury it,

00:19:27.199 --> 00:19:31.479
that's going to be worse than if you put it in the, the, with the

00:19:31.479 --> 00:19:36.359
bankers, because there's an inflationary dynamic at play

00:19:36.359 --> 00:19:38.319
that says like, it's actually like you're actually losing

00:19:38.319 --> 00:19:41.439
money by just burying it, because there is inflation,

00:19:41.719 --> 00:19:44.319
right? Now, you put it in the bankers, you get the interest.

00:19:44.319 --> 00:19:47.359
And so you're actually, quote, unquote, keeping pace with that

00:19:47.359 --> 00:19:49.719
inflation. Now, the inflation is, of course, super small,

00:19:49.719 --> 00:19:52.719
because they don't have extreme mining situations like they do

00:19:52.719 --> 00:19:56.680
now. Um, but I think that's, that's a part of the parable.

00:19:56.680 --> 00:20:00.359
Now, to bring it back to your question, how does Bitcoin

00:20:00.359 --> 00:20:03.560
actually change this, this in particular, because we're no

00:20:03.560 --> 00:20:06.439
longer going to be in that inflationary world, it's going

00:20:06.439 --> 00:20:10.959
to be 0% inflation, like hard stop, when you buried in the

00:20:10.959 --> 00:20:14.800
ground, like that is actually probably going to be a wise

00:20:14.800 --> 00:20:19.920
choice. In some capacities, it's going to be more wise than

00:20:19.920 --> 00:20:22.400
putting it at the banker where it can like, get hacked and

00:20:22.400 --> 00:20:28.079
stolen and, you know, hyper, we have complicated, etc. Right. So

00:20:29.079 --> 00:20:34.680
the understanding of the parable of the talents is going to

00:20:34.680 --> 00:20:38.800
change in the future. I mean, the root truth of their like the

00:20:38.800 --> 00:20:41.880
root truth that we've been trying to get across, you know,

00:20:42.079 --> 00:20:46.760
be responsible stewards doesn't change. But the culture around

00:20:46.760 --> 00:20:49.640
how it views this parable is going to change, it's going to

00:20:49.640 --> 00:20:54.239
be interesting. In fact, I'd love to hear Jordan's immediate

00:20:54.959 --> 00:20:58.479
thoughts on that. But yeah, I'd like I've thought about this a

00:20:58.479 --> 00:21:01.439
couple times. I'm like, I don't, it's just it's very weird. Like

00:21:01.439 --> 00:21:04.119
there's going to be weird things that happen. And how do we

00:21:05.680 --> 00:21:11.239
prepare for that? Like, because we're entering a brand new world

00:21:11.239 --> 00:21:15.560
here. We've never seen anything like this, apart from very small

00:21:15.560 --> 00:21:18.400
situations where the trade was cut off. And so the monetary

00:21:18.400 --> 00:21:21.959
inflation was literally zero and all that. Yeah, it's gonna be a

00:21:22.000 --> 00:21:23.719
strange time. Jordan.

00:21:24.680 --> 00:21:29.119
Yeah, I think still, again, while granting this is new, in

00:21:29.119 --> 00:21:31.959
some ways, I think this the temptations of all these things

00:21:31.959 --> 00:21:33.520
that are described in this passage are still going to be

00:21:33.520 --> 00:21:36.800
true. So like one of the things you look at, I mean, you can see

00:21:36.800 --> 00:21:39.439
this some of this attitude just in the way that, you know, at

00:21:39.439 --> 00:21:41.640
least with the conversations I have with Christians today,

00:21:41.640 --> 00:21:44.160
right? Like, I'll say, hey, you should talk about, you know, you

00:21:44.160 --> 00:21:46.599
should invest some money in Bitcoin. You know, like, if you

00:21:46.599 --> 00:21:48.920
got some long term savings, like, you know, put some into

00:21:48.920 --> 00:21:52.199
Bitcoin. And you have this, you know, people like, oh, it's too

00:21:52.199 --> 00:21:55.680
volatile, you know, they have like this, it's this, this fear

00:21:55.719 --> 00:21:58.920
of the bitcoins volatility. And so there's really at root is

00:21:58.920 --> 00:22:02.560
like a fear of risk. And so you see, the interesting about this

00:22:02.560 --> 00:22:06.959
passage is, you have the two people who assumed risk are the

00:22:06.959 --> 00:22:10.560
ones who are commended, because it was skillful risk. You know,

00:22:10.560 --> 00:22:13.000
it wasn't just rash, do whatever, you know, has no

00:22:13.000 --> 00:22:16.680
correspondence with reality. It was it was skillful, calculated,

00:22:16.680 --> 00:22:22.400
wise risk. And then, and then you have the guy who, again, is

00:22:22.400 --> 00:22:24.880
the kind of took the safe bet, which for a lot of people,

00:22:24.880 --> 00:22:26.719
especially when they think about Bitcoin, they think about

00:22:26.719 --> 00:22:29.239
investments more broadly, like they think they're being

00:22:29.239 --> 00:22:33.880
faithful by, but you know, by not assuming risk. And in the

00:22:33.880 --> 00:22:36.400
case of this one, the master, you know, master in this in this

00:22:36.400 --> 00:22:40.119
passage rebukes the guy, because again, because of the

00:22:40.119 --> 00:22:43.680
justification for the risk or the lack of risk taking. So he

00:22:43.680 --> 00:22:47.640
says his his excuses, right there in verse 24, I knew you to

00:22:47.640 --> 00:22:50.479
be a hard man, reaping where you didn't sow and gathering where

00:22:50.479 --> 00:22:53.000
you where you scatter no seed. So you guys are saying like,

00:22:53.160 --> 00:22:56.119
you're you get something for nothing. Like, I knew you to be

00:22:56.119 --> 00:22:58.839
a hard man who gets something for nothing, you know, and so I

00:22:58.839 --> 00:23:02.400
was I was afraid and I buried it in the ground. And so you see

00:23:02.400 --> 00:23:05.160
this, I mean, the elsewhere, you can see this same kind of thing.

00:23:05.160 --> 00:23:09.359
This is this is a sinful fear that precludes you prevent you

00:23:09.359 --> 00:23:13.680
from from taking risks that would demonstrate a faith in in

00:23:13.680 --> 00:23:15.920
your master, in our case, you know, the bigger picture, like a

00:23:15.920 --> 00:23:19.199
faith in God. And so I think that this is a really important

00:23:19.199 --> 00:23:22.280
thing, if you're going to apply this to Bitcoin, you know, there

00:23:22.280 --> 00:23:26.439
there is a there is a real time for for the assumption of

00:23:27.160 --> 00:23:30.239
necessary risk. And I think that we're in a moment when like

00:23:30.239 --> 00:23:33.719
buying Bitcoin, obviously, there's a risk associated with

00:23:33.719 --> 00:23:37.079
that anything could happen, we actually could see solar flares

00:23:37.079 --> 00:23:40.079
that, you know, burn up every computer and whatever and render

00:23:40.079 --> 00:23:43.199
all that uses is certainly possible. But there's also other

00:23:43.199 --> 00:23:45.719
risk of just the government continuing to steal from you by

00:23:45.760 --> 00:23:48.800
creating money out of there. Those are far more, you know,

00:23:48.800 --> 00:23:51.959
far more reels are happening in real time. So I think that's

00:23:52.000 --> 00:23:55.760
that's one thing. I also think the way that you the master's

00:23:55.760 --> 00:23:59.219
response is telling. So whereas the, you know, the man who

00:23:59.219 --> 00:24:02.079
buried his talents, he attributed to fear, he said, I

00:24:02.079 --> 00:24:06.400
was afraid to do this. And so I buried it, because I was afraid

00:24:06.400 --> 00:24:09.719
of you, it's kind of a little shot at the master. But the

00:24:09.719 --> 00:24:14.439
master respond, wicked and wicked and slothful servant. So

00:24:14.439 --> 00:24:17.400
he just basically the master who's supposed to be like the

00:24:17.439 --> 00:24:20.079
the actual perspective here of what's going on, he attributes

00:24:20.079 --> 00:24:23.359
the burying in the burying of the of the talents of the you

00:24:23.359 --> 00:24:26.359
know, the silver, the gold, whatever, in the ground to to

00:24:26.359 --> 00:24:28.920
wickedness and slothfulness, laziness, this guy didn't want

00:24:28.920 --> 00:24:31.520
to work hard to, you know, to do something hard. And so the

00:24:31.520 --> 00:24:33.319
easiest thing was just to bury it in the ground. And then you

00:24:33.319 --> 00:24:36.520
can just, you can kind of blame is, you know, blame the master.

00:24:36.640 --> 00:24:38.800
It's very similar to what we see. And I think this is this

00:24:38.800 --> 00:24:42.119
is deliberate. There's a lot of parallels between this passage

00:24:42.119 --> 00:24:45.640
and the passage in Genesis three, you know, you have, you

00:24:45.640 --> 00:24:47.959
know, Adam and Eve, they blame God, basically, you know, Adam

00:24:47.959 --> 00:24:50.920
says, the woman you gave me, you know, the serpent is here, you

00:24:50.920 --> 00:24:53.959
know, they blame everybody but themselves. And so I think

00:24:53.959 --> 00:24:56.319
there's, there's a lot of parallels there. And so I do

00:24:56.319 --> 00:24:59.479
think I do think that, again, one of the things that we need

00:24:59.479 --> 00:25:03.199
to do is just call Christians to be brave and call Christians on

00:25:03.199 --> 00:25:06.719
their, you know, on their wicked, their tendency towards

00:25:06.719 --> 00:25:12.680
wicked, and faithless risk avoidance. And so yeah, I think

00:25:12.719 --> 00:25:14.800
in terms of how it's going to affect, again, you're still

00:25:14.800 --> 00:25:16.839
going to have, you're going to have people who are willing to,

00:25:16.880 --> 00:25:19.040
you know, assume risk, and you're going to have people who

00:25:19.040 --> 00:25:22.439
are going to be afraid of doing that. And, you know, and again,

00:25:22.439 --> 00:25:25.119
there's still going to be opportunities to seek yield, you

00:25:25.119 --> 00:25:27.760
know, in the, in the case of, you know, bankers that, you

00:25:27.760 --> 00:25:29.560
know, are described here, you're still going to have places that

00:25:29.560 --> 00:25:33.400
are awful, you offer you yield on your Bitcoin, you're still

00:25:33.400 --> 00:25:35.160
going to have places that are going to offer you more yield

00:25:35.160 --> 00:25:38.719
and be more risky. And, you know, again, I think there's

00:25:38.719 --> 00:25:41.239
there's a time and a place potentially for some of those

00:25:41.239 --> 00:25:45.359
things. But I do think it's going to be Bitcoin just due to

00:25:45.359 --> 00:25:47.479
the nature of it, at least in the next, you know, the next 10

00:25:47.479 --> 00:25:51.640
years or so, you know, you don't, you won't have to pursue

00:25:51.640 --> 00:25:55.079
the same kind of insane risk that you're kind of forced into

00:25:55.560 --> 00:25:59.640
in a situation where the currency is so far debased. So

00:25:59.800 --> 00:26:02.920
there's a lot of different ways we could go. But yeah.

00:26:03.560 --> 00:26:07.319
Do you think Brandon, I got a random like hot take too, but I

00:26:07.319 --> 00:26:11.560
know the the adage is if you want to control the people who

00:26:11.560 --> 00:26:16.119
give them bread and circus, do you think we're going to see a

00:26:16.119 --> 00:26:19.319
world when we get further down like the Bitcoin path where,

00:26:19.599 --> 00:26:22.479
like sports becomes less important? Or is it going to

00:26:22.479 --> 00:26:24.680
become more important? Like, I'm very curious, actually your

00:26:24.680 --> 00:26:29.599
take as an athlete? Do you think Bitcoin makes it more

00:26:29.599 --> 00:26:33.040
valuable to have a skill like, you know, being a pro hockey

00:26:33.040 --> 00:26:35.439
player or a pro basketball player or whatever it is? Or is

00:26:35.439 --> 00:26:38.599
it actually going to like, change it? And how do you think

00:26:38.599 --> 00:26:39.280
that's going to happen?

00:26:40.880 --> 00:26:44.439
It's definitely going to change. I think about this a fair amount

00:26:44.439 --> 00:26:48.520
too. There's a lot of me that, you know, one of the reasons I

00:26:48.520 --> 00:26:53.479
left, whatever it was 12 years ago, was because it was people

00:26:53.479 --> 00:26:57.719
didn't want to be around. Again, this is the fiat endgame

00:26:57.719 --> 00:27:00.199
like late stage fiat, like we were talking about earlier. So

00:27:00.199 --> 00:27:04.439
this is, you know, you kind of devolve into celebrity, you

00:27:04.439 --> 00:27:08.839
know, athletics is just people that are, you think as a kid,

00:27:08.839 --> 00:27:10.880
right? You think like, Oh, this is these are great people. Like

00:27:10.880 --> 00:27:13.199
these are, in essence, like the best of the best, like these,

00:27:13.239 --> 00:27:17.119
these guys get after if anyone's listened to any of David Goggin

00:27:17.119 --> 00:27:21.199
stuff over time, not necessarily Christian thing here, but any of

00:27:21.239 --> 00:27:23.800
his stuff over time, you know, he talked about making getting

00:27:23.800 --> 00:27:27.680
into the SEAL teams, and in the Navy, and then being like, All

00:27:27.680 --> 00:27:29.319
right, guys, let's get after it. And everyone's like, What do you

00:27:29.319 --> 00:27:32.199
mean, man? Like, we were, we're good. Like, we made it, you

00:27:32.199 --> 00:27:34.680
know, he's like, what, like, what do you mean? Like, where's

00:27:34.680 --> 00:27:36.560
the next finish line? Like, let's get after it. Like, let's

00:27:36.560 --> 00:27:39.000
get even better. And most people are just kind of like, yeah,

00:27:39.000 --> 00:27:42.359
like, we're good. That's a lot like athletics. That's, I'm

00:27:42.359 --> 00:27:45.719
sure a lot like Hollywood or whatever it is, like people get

00:27:45.719 --> 00:27:48.880
this certain echelon and people just you start people just keep

00:27:48.880 --> 00:27:52.319
falling off over time to like their levels of comfort of, of,

00:27:52.880 --> 00:27:55.800
you know, there's only a very few amount of select few people

00:27:55.800 --> 00:27:58.800
that I think really just constantly are getting after it.

00:27:58.839 --> 00:28:01.280
And it's a very small percent, maybe a couple percent of the

00:28:01.280 --> 00:28:03.680
population. That's about it. And, and quite honestly, I think

00:28:03.680 --> 00:28:06.479
it's a lot of the Bitcoiners are in that group of people who are

00:28:06.479 --> 00:28:11.199
just, they're, they're highly regarded people, right? And they

00:28:11.199 --> 00:28:13.479
there was maybe something a little bit off with them. And

00:28:13.479 --> 00:28:13.760
there's

00:28:14.119 --> 00:28:16.920
there's never, there's always another finish line. But I think

00:28:16.920 --> 00:28:19.599
it's like that segment of society that really takes life

00:28:19.599 --> 00:28:21.640
to that level. I mean, you look at like, again, I talked about

00:28:21.640 --> 00:28:24.280
the American Revolution a lot. And it was only a couple percent

00:28:24.280 --> 00:28:28.359
of people that, that fought and gave the other 97% freedom, you

00:28:28.359 --> 00:28:30.280
know, you think about it, it's like most people were British

00:28:30.280 --> 00:28:33.119
loyalists, you know, Tories or whatever they were calling them.

00:28:33.400 --> 00:28:36.599
And they were ratting on the Patriot American patriots, and

00:28:36.640 --> 00:28:40.000
saying, Hey, they're in there. And, and most people weren't,

00:28:40.000 --> 00:28:42.599
you know, they were, they were just like, fine to just like,

00:28:42.599 --> 00:28:46.000
well, the the king said, he's only going to tax us 2%, or 5%,

00:28:46.000 --> 00:28:48.079
you know, whatever it was, and they were just fine to just be

00:28:48.079 --> 00:28:50.680
served for the state still. And, hey, we're at least over here.

00:28:50.680 --> 00:28:52.599
But there was a couple percent of people who were like, No,

00:28:52.640 --> 00:28:55.000
we're, you know, it's kind of like the crypto reserve, right?

00:28:55.000 --> 00:28:56.680
What happened this past week, this got a not, you know,

00:28:56.680 --> 00:28:58.880
crypto reserve got announced. And what do you see a bunch of

00:28:58.880 --> 00:29:02.439
weapons being like, yeah, like, no, no, no, no, like, this, this

00:29:02.439 --> 00:29:04.959
is not how this goes. That's one of the bets. I mean, I was

00:29:04.959 --> 00:29:08.000
told my wife, that's one of the bets I have on Bitcoin. You

00:29:08.000 --> 00:29:10.359
know, the technology of it is superior, all these different

00:29:10.359 --> 00:29:13.280
aspects. But like, part of the bet to me is like, these people

00:29:13.280 --> 00:29:16.280
in Bitcoin are highly regarded, man, like they are, they're not

00:29:16.280 --> 00:29:18.640
going to go down, they will die on that hill. Those are the

00:29:18.640 --> 00:29:20.719
people I want to put my money with. And those are the that's,

00:29:20.880 --> 00:29:23.560
you know, generally how I am as a human being. So like, I align

00:29:23.560 --> 00:29:27.719
with that. And, and, you know, I don't call it martyrdom, or,

00:29:27.719 --> 00:29:30.599
you know, whatever you want to call it, it's like, that's, I'm

00:29:30.599 --> 00:29:32.520
not going to put any of us in that class. But I think there's

00:29:32.520 --> 00:29:35.439
a lot of people in Bitcoin, that will take it to that level,

00:29:35.439 --> 00:29:38.880
quite honestly, and, and seeing that this is this economic

00:29:38.880 --> 00:29:41.800
system that undergirds all this, the, you know, like all these

00:29:41.800 --> 00:29:43.839
parables, you kind of look through all these things, and

00:29:43.839 --> 00:29:46.560
what was the common theme of a lot of people who were doing

00:29:46.560 --> 00:29:48.599
said thing, or they wouldn't compromise on those values, or

00:29:48.599 --> 00:29:51.199
they wouldn't compromise on their, their truth, or, you

00:29:51.199 --> 00:29:55.119
know, or morality, or natural law, whatever it was, people

00:29:55.119 --> 00:29:57.839
are willing to put their life on the line and to uphold those

00:29:57.839 --> 00:30:01.439
things. So I think that, you know, I didn't answer most of

00:30:01.439 --> 00:30:04.040
your sports questions, but I think that, you know, I think

00:30:04.040 --> 00:30:07.160
I answered most of your sports question. But in saying that, I

00:30:07.160 --> 00:30:09.800
hope it should be somewhat obvious that like, I, I'm not

00:30:09.800 --> 00:30:12.359
pushing any of my kids to be in sports, like, do they play

00:30:12.359 --> 00:30:15.199
sports? Yeah, they do. I don't care what level they're at, like

00:30:15.199 --> 00:30:19.199
to me, athletics, and my wife was an athlete as well played at

00:30:19.199 --> 00:30:23.040
Michigan State was an athlete as well. And it was just like, we

00:30:23.040 --> 00:30:25.959
kind of looked back, we're like, there's like a bunch of losers

00:30:25.959 --> 00:30:28.959
that you're kind of around. All throughout. I'm not saying just

00:30:28.959 --> 00:30:30.719
at Michigan State, right. But like all throughout, there's

00:30:30.719 --> 00:30:32.640
people that I didn't want to be involved with, they weren't

00:30:32.640 --> 00:30:34.520
trying to get after it, they weren't the best versions of

00:30:34.520 --> 00:30:37.199
themselves. And it's just you kind of look at it, you're like,

00:30:37.239 --> 00:30:40.359
well, why? Like, what do we do this for? So anyway, I hope it

00:30:40.359 --> 00:30:44.479
becomes a less, I hope it becomes less of a, like the all

00:30:44.479 --> 00:30:46.400
the sports gambling, all the things that have happened, I

00:30:46.400 --> 00:30:48.719
hope Bitcoin helps correct a lot of these things, right? Like,

00:30:48.920 --> 00:30:51.119
all these things have sprung up because of late stage VR, where

00:30:51.119 --> 00:30:53.439
people are out the risk curve gambling on things because they

00:30:53.439 --> 00:30:55.760
feel like they have to, or maybe because they literally have to,

00:30:55.760 --> 00:30:58.359
they have to buy lotto tickets all the time. And I hope that

00:30:58.359 --> 00:31:01.079
changes. And we've now bastardized and destroyed much

00:31:01.079 --> 00:31:03.719
of the sports. And I think humans always want to compete. I

00:31:03.719 --> 00:31:06.640
hope we I hope we do. I'm trying to like, square the circle

00:31:06.640 --> 00:31:09.079
somehow of like, is that I think it's a tricky topic. Like I

00:31:09.079 --> 00:31:11.680
hope, I hope sports becomes more prevalent in the sense that

00:31:11.839 --> 00:31:15.000
people feel the need to do that instead of go to war. Like I

00:31:15.000 --> 00:31:17.959
almost hope the Olympics become a bigger thing. But like the

00:31:17.959 --> 00:31:21.359
money involved is not as as great if that makes sense. So

00:31:21.359 --> 00:31:24.640
you're I don't know how you work those two things, where like

00:31:24.640 --> 00:31:26.719
there's more people involved, there's even more talent in the

00:31:26.719 --> 00:31:30.319
future in the sports world. But there's actually less money

00:31:30.319 --> 00:31:33.959
involved. Because you see, again, sports, you have the

00:31:33.959 --> 00:31:36.040
athletes that you're watching the NFL football game, and you

00:31:36.040 --> 00:31:39.119
can't even watch half the time. I mean, like, again, I'm from

00:31:39.119 --> 00:31:40.760
Michigan. So like the Detroit Lions is here, we're an

00:31:40.800 --> 00:31:43.959
unbelievable team, and Super Bowl favorites, like the entire

00:31:43.959 --> 00:31:46.400
year or whatever half the year, well, their team got decimated

00:31:46.400 --> 00:31:49.079
by injuries. And and you have this world where like, got the

00:31:49.079 --> 00:31:51.880
rules are such that you have to protect certain guys and do

00:31:51.880 --> 00:31:54.400
certain things. So guys are getting injured. And, and so

00:31:54.400 --> 00:31:56.280
like, you can't even watch the game half the time. And there's

00:31:56.280 --> 00:31:59.439
so much money riding on one guy or certain guys because of this,

00:31:59.520 --> 00:32:02.560
because of the fiat system we're in that people are out the risk

00:32:02.560 --> 00:32:06.239
curve trying to, to make their their payment on their mortgage

00:32:06.239 --> 00:32:08.599
that month. So they're doing things that otherwise they maybe

00:32:08.599 --> 00:32:11.680
they wouldn't do. So anyway, it's a long rambling way of

00:32:11.680 --> 00:32:15.359
just trying to say, I hope that there's sports becomes better in

00:32:15.359 --> 00:32:17.760
the sense in the sense of like, just people doing that instead

00:32:17.760 --> 00:32:21.719
of going to war. You think of like Navy SEALs or spec ops

00:32:21.719 --> 00:32:23.920
guys, hopefully those guys are playing sports someday. And we

00:32:23.920 --> 00:32:27.079
don't need them fighting wars as much, right. So it's just it's

00:32:27.079 --> 00:32:30.000
this weird dynamic, and I hope the money becomes less of an

00:32:30.000 --> 00:32:32.400
aspect of it. But people actually do it more, because,

00:32:32.400 --> 00:32:34.640
hey, I'm well off, or we can do these things that can just

00:32:34.640 --> 00:32:37.520
become the best version, use my talents, or whatever they are to

00:32:37.520 --> 00:32:40.319
the best of my abilities, my artistic or athletic abilities.

00:32:41.640 --> 00:32:44.599
I like that in the in the parable, it doesn't tell you how

00:32:44.599 --> 00:32:47.359
long that the master has been away. But it does speak to time

00:32:47.359 --> 00:32:50.000
preference a little bit, because it says he was away for a really

00:32:50.000 --> 00:32:53.160
long time. And if you think about it, the guys that had five

00:32:53.160 --> 00:32:57.060
and two, you have no idea what they invested in, did they buy

00:32:57.060 --> 00:33:00.020
a vineyard? Because at some point, they were out the money.

00:33:00.020 --> 00:33:01.859
If the master were to come back, he'd been like, where's my

00:33:01.859 --> 00:33:04.819
money? And I'd be like, I spent, you know, half of it buying this

00:33:04.819 --> 00:33:07.699
thing, like the business isn't operating yet. And there have

00:33:07.699 --> 00:33:11.739
been a couple athletes like Okung, Russell Okung, who've

00:33:11.739 --> 00:33:14.640
taken their salary in Bitcoin. The interesting thing about

00:33:14.640 --> 00:33:18.219
that, is let's say you take your your pay in Bitcoin, then you

00:33:18.219 --> 00:33:21.180
hit a bear market. What do you do? If you balled out of

00:33:21.180 --> 00:33:24.819
control, and you've bought like McLaren's and houses and who

00:33:24.819 --> 00:33:28.900
knows what boats, those payments could come due, and

00:33:28.900 --> 00:33:31.900
you might actually be down. And for all for people investing in

00:33:31.900 --> 00:33:34.619
Bitcoin, it's like, yeah, it's a little different than the

00:33:34.619 --> 00:33:37.180
parable of the talents, because you kind of are burying it by

00:33:37.180 --> 00:33:43.579
hodling, you're kind of burying it. But you're experiencing a

00:33:43.579 --> 00:33:48.459
deflation, essentially, which is making the amount of value in

00:33:48.459 --> 00:33:52.900
dollar terms go up over the long term, by holding on to it, which

00:33:52.900 --> 00:33:58.459
is inherently risky. Yeah, there's one thing, it's kind of

00:33:58.459 --> 00:34:00.500
a weird thing to say about a Bible verse, but I kind of wish

00:34:00.500 --> 00:34:03.900
that it was a little different. I wish that within these guys,

00:34:03.900 --> 00:34:07.020
there was a shit corner. And there was like one guy who made

00:34:07.020 --> 00:34:11.260
really bad investments. Because there are there are people who

00:34:11.260 --> 00:34:14.739
would do that, like, we're taking a risk by investing in

00:34:14.739 --> 00:34:18.260
Bitcoin. But it's a very, very calculated risk that we've

00:34:18.500 --> 00:34:22.139
studied, we feel a conviction about. And there's there are a

00:34:22.139 --> 00:34:26.060
lot of people out there right now, who are working hard to

00:34:26.060 --> 00:34:32.060
just gamble on coins that are complete scams. And in this

00:34:32.060 --> 00:34:36.659
parable, the master is essentially a, it is, it's

00:34:36.659 --> 00:34:40.860
symbolizing God, essentially, who is ultimately wise knows who

00:34:40.860 --> 00:34:44.459
he's choosing knows who has the ability and who's going to make

00:34:44.459 --> 00:34:47.300
the wise investment. So in this parable, he's not going to

00:34:47.300 --> 00:34:50.979
choose somebody like that. But in reality, you have a lot of

00:34:50.979 --> 00:34:55.100
things that you can, that you have the opportunity to invest

00:34:55.100 --> 00:34:59.620
or gamble in. And so you've got to take a risk, but you you

00:34:59.620 --> 00:35:01.540
better do your due diligence.

00:35:02.340 --> 00:35:04.540
One thing that's interesting about the last thing you just

00:35:04.540 --> 00:35:08.300
said, and I think Christians and people in general, like it's the

00:35:08.300 --> 00:35:12.300
whole, why do bad things happen to good people thing. But it

00:35:12.300 --> 00:35:14.459
goes to, you know, the unfortunate truth of like, not

00:35:14.459 --> 00:35:16.699
all people are God's people. Jordan, give me a minute for

00:35:16.699 --> 00:35:19.020
you for that one. But I think that's the truth. Awesome. Thank

00:35:19.020 --> 00:35:24.060
you, camera for freezing. But the other piece is best, best

00:35:24.060 --> 00:35:28.780
time always. But I think the thing that's the most unique

00:35:28.780 --> 00:35:32.540
about this is the guy who got the one was the least

00:35:32.540 --> 00:35:36.340
trustworthy of the bunch. And so it kind of goes to the master,

00:35:36.860 --> 00:35:42.100
having the foresight to give people according to their

00:35:42.100 --> 00:35:46.060
ability, but then also give somebody something more than

00:35:46.060 --> 00:35:50.219
they were capable of. And then he's kind of upset that he kind

00:35:50.219 --> 00:35:52.580
of lived in the expectation he had is like, I'm going to give

00:35:52.580 --> 00:35:56.179
you more than you can handle. And you just proved to me that I

00:35:56.260 --> 00:35:59.219
was wrong. And it actually in the verse, you know, where he

00:35:59.219 --> 00:36:01.020
goes, and this is actually the second thing that the master

00:36:01.020 --> 00:36:02.620
said, I'll pull it back up again, if people want to read

00:36:02.620 --> 00:36:07.260
it, but it was probably the most like, thing that hit me the

00:36:07.260 --> 00:36:11.899
hardest is where it says, you knew that I reap where I have

00:36:11.899 --> 00:36:16.100
not sown and gather where I scattered no seed. And like, in

00:36:16.100 --> 00:36:23.540
that phrase, as a question, is more of like, you think that

00:36:23.540 --> 00:36:25.860
around it, my take on it, and Jordan, you can correct me if

00:36:25.860 --> 00:36:31.939
I'm wrong on this, but it's like, you were afraid, because

00:36:31.939 --> 00:36:39.340
you thought that, like, I'm blanking, I'm like, how did in a

00:36:39.340 --> 00:36:42.020
second, the one all everywhere, but at the end of the day, he's

00:36:42.020 --> 00:36:46.419
like, you, you, you were afraid, and you thought that by burying

00:36:46.419 --> 00:36:50.300
it in the ground, like, that would be more valuable than you

00:36:50.300 --> 00:36:53.540
trying to try, like attempting something as kind of a kind of

00:36:53.540 --> 00:36:56.179
the way I take it is like, the way I take it is like, what you

00:36:56.179 --> 00:36:59.899
did by doing nothing, was even worse than the next line, which

00:36:59.899 --> 00:37:03.979
is like giving to the bankers, like doing nothing was below the

00:37:03.979 --> 00:37:06.139
expectation I had for you, like the expectation I had for you is

00:37:06.139 --> 00:37:07.139
to do something. That's

00:37:07.500 --> 00:37:11.459
so actually, I think it's worse than that, actually. And I think

00:37:11.459 --> 00:37:15.659
it I think this plays itself out. The master asks, like, you

00:37:15.659 --> 00:37:19.020
knew that I reaped where I did not. So you knew that that was

00:37:19.020 --> 00:37:23.219
in your head, right? So why didn't you just do anything?

00:37:23.219 --> 00:37:26.459
Because it's my money, and I would have reaped where I did

00:37:26.459 --> 00:37:30.939
not. So, right. It's like you're, you knew that you confess

00:37:30.939 --> 00:37:35.219
to this, and yet you act contrary to your own knowledge

00:37:35.219 --> 00:37:36.659
to your own confession.

00:37:38.100 --> 00:37:42.179
And the guy is so arrogant that he's basically saying, yeah,

00:37:42.179 --> 00:37:44.340
you're the master, you have all this money, I'm actually better

00:37:44.340 --> 00:37:47.540
than you, I'm actually smarter than you. And yet, he didn't

00:37:47.540 --> 00:37:51.899
even trust in himself to take a risk and to invest. So deep down

00:37:51.899 --> 00:37:55.899
he knew that he wasn't actually capable of investing. And yet he

00:37:55.899 --> 00:38:00.899
tries to pin it on the guy who originally made the capital and

00:38:00.899 --> 00:38:04.100
say, No, no, no, no, I'm better than you. But deep down, he

00:38:04.100 --> 00:38:05.780
knows that he's not capable.

00:38:06.300 --> 00:38:09.540
And I think what Steven said to another aspect of it is, like,

00:38:09.780 --> 00:38:13.340
the master is clearly accusing him of like, either lying or

00:38:13.340 --> 00:38:18.060
being self deceived. He's like, you're attributing fault to me,

00:38:18.260 --> 00:38:22.340
when reality like you are the problem. It's not me, that's the

00:38:22.340 --> 00:38:25.820
problem. It's you, that's the problem. And so I think that

00:38:25.820 --> 00:38:29.659
yeah, I think again, to see, I think it's instructive to look

00:38:29.659 --> 00:38:32.939
at the the other two examples, because in the case of both of

00:38:32.939 --> 00:38:37.060
the other two examples, the master renders to each one

00:38:37.100 --> 00:38:40.860
according to their works, right? So it's in this is the pattern

00:38:40.860 --> 00:38:42.939
that we see all throughout scripture. It's not just sowing

00:38:42.939 --> 00:38:47.020
and reaping, it's sowing and exponential reaping. So like you

00:38:47.020 --> 00:38:49.699
you know, you so like you take a piece of fruit, and you take a

00:38:49.699 --> 00:38:52.500
seed and you plant the seed in the ground, you don't just get

00:38:52.500 --> 00:38:55.979
one piece of fruit, you get a tree that produces 100 pieces of

00:38:55.979 --> 00:39:00.340
fruit. And so you do have like this, this multiplicative, you

00:39:00.340 --> 00:39:06.379
know, multiplicative, you know, expectation that God has for,

00:39:06.379 --> 00:39:09.300
for, you know, when he when he basically entrusts stuff to us.

00:39:09.500 --> 00:39:11.179
I think it's also interesting, because like, if you're, if

00:39:11.179 --> 00:39:13.100
you're watching this, you're like, wait, what are talents?

00:39:13.100 --> 00:39:16.139
Like, is that is that like our abilities? It actually like our

00:39:16.139 --> 00:39:19.060
word talents today, where we think about like the things that

00:39:19.060 --> 00:39:22.179
we can do, or the abilities that we have actually comes from this

00:39:22.179 --> 00:39:26.260
passage, like this, this passage had such an impact that like

00:39:26.260 --> 00:39:29.340
these, you know, talents back then was just an amount of gold.

00:39:29.580 --> 00:39:32.260
But because of you know, it you could people applied it more

00:39:32.260 --> 00:39:35.540
broadly to like all that God has given us, it actually became

00:39:35.540 --> 00:39:38.620
known as as talents. So you know, if you have a you know,

00:39:38.620 --> 00:39:41.699
talent as a basketball player, you know, what a videographer or

00:39:41.699 --> 00:39:44.459
whatever it is, it comes from from this passage.

00:39:45.139 --> 00:39:46.699
That's actually interesting, too, because I didn't even

00:39:46.699 --> 00:39:49.340
realize that, you know, thinking through it, but the like the

00:39:49.340 --> 00:39:52.659
whole thing about the talents, but as he had to made to but

00:39:53.219 --> 00:39:56.780
talent, as we talked about the top of this was like was a year's

00:39:56.780 --> 00:40:00.699
worth of wages. And so it's the talent is what you're going to

00:40:00.699 --> 00:40:03.739
put into a year's worth of effort. And so like, if you're

00:40:03.739 --> 00:40:05.580
you know, when people say their talents, like you're a talented

00:40:05.580 --> 00:40:09.219
football player, if I tell you, you're a talented hockey player,

00:40:09.659 --> 00:40:14.179
immediately, what's conjures up in my mind is years of effort.

00:40:14.179 --> 00:40:15.459
And so that's actually interesting. I didn't even

00:40:15.459 --> 00:40:19.179
think about that, because like the the talented, like the

00:40:19.179 --> 00:40:21.500
charge of that word, this is one of the things that I really

00:40:21.500 --> 00:40:23.939
loved about CS Lewis of like coming back and like, we need

00:40:23.939 --> 00:40:28.860
to take charge of these words as Christians. It's like, it's so

00:40:29.419 --> 00:40:32.659
unfortunate that we've kind of seeded so much ground on the

00:40:32.659 --> 00:40:39.020
battle of the battlefield of words, because it's it's so easy

00:40:39.020 --> 00:40:42.659
for people to be confused now, because we've sacrificed words

00:40:42.659 --> 00:40:45.139
like marriage and covenant and all these things. And so that's

00:40:45.139 --> 00:40:48.379
really, really, you know, that is actually one of the things we

00:40:48.379 --> 00:40:52.020
talked yesterday in on the show about like, you know, like

00:40:52.020 --> 00:40:54.179
cathedrals and kind of like, what are some of the things

00:40:54.179 --> 00:40:59.500
when I come back, I actually think the the old robber baron

00:40:59.540 --> 00:41:04.300
like way of, and I can't remember, it was Carnegie or was

00:41:04.300 --> 00:41:05.820
right, I think it was Rockefeller, but it was like,

00:41:05.820 --> 00:41:10.820
don't, don't insult somebody who buys ink by the barrel type

00:41:10.820 --> 00:41:13.179
thing. It was like the old, it might have been Hearst,

00:41:13.179 --> 00:41:16.780
actually. But he was basically talking about, you know, don't

00:41:16.780 --> 00:41:19.620
go to don't go to war with somebody who can basically print

00:41:19.780 --> 00:41:23.620
whatever story he wants the world to know, and gaslight

00:41:23.620 --> 00:41:25.699
people into believing a certain thing. And I think what's gonna

00:41:25.699 --> 00:41:27.939
be really, really interesting is as we get to a Bitcoin world,

00:41:27.939 --> 00:41:29.780
and this is one of my favorite things about if you've read the

00:41:29.780 --> 00:41:32.540
white paper, and you kind of do any deep diving on Adam back,

00:41:32.540 --> 00:41:35.659
like one of the things Adam had was, like, basically, you have

00:41:35.659 --> 00:41:38.300
to pay to email somebody that was like one of the things if I

00:41:38.300 --> 00:41:41.699
remember correctly, and it's like, if you think about that

00:41:41.699 --> 00:41:45.820
based in a Bitcoin world where it's finite, it's like, you're

00:41:45.820 --> 00:41:49.459
gonna make a real big deduction of like, do I actually need or

00:41:49.459 --> 00:41:51.860
want to send this email? And it's gonna be really interesting

00:41:51.860 --> 00:41:57.060
to like, you know, think about everything in a context of, you

00:41:57.060 --> 00:42:01.179
know, I'm not just gonna send junk mail, like junk mail will

00:42:01.179 --> 00:42:03.580
actually go away. And like, lives will be better for it

00:42:03.580 --> 00:42:05.580
because you have less stuff for your brain to sift through.

00:42:06.139 --> 00:42:09.260
Yeah, there's an opportunity cost, like safety and just had a

00:42:09.260 --> 00:42:12.060
tweet about this this morning and about how just like the what

00:42:12.060 --> 00:42:14.780
the one of the downstream effects of the SPR over time

00:42:14.780 --> 00:42:17.139
will be that it'll it'll basically teach the United

00:42:17.139 --> 00:42:20.500
States, you know, about the the idea of an opportunity cost.

00:42:20.659 --> 00:42:22.659
Can I can I mention one other thing, because I think this is

00:42:22.659 --> 00:42:26.340
really instructive, too. So like in this passage, okay, so in

00:42:26.340 --> 00:42:29.659
this passage, you have three amounts of money that are given

00:42:29.659 --> 00:42:32.459
out. All right. But what's the ultimate? What's the ultimate

00:42:32.459 --> 00:42:34.620
stand in for this, like the ultimate thing that God has

00:42:34.620 --> 00:42:39.300
given us is our own lives. And so like, so at the end, so like

00:42:39.300 --> 00:42:42.620
at the end of, you know, when when the master returns, he

00:42:42.620 --> 00:42:46.500
gives to each one in accordance with what they've done. So like

00:42:46.500 --> 00:42:49.699
the first guy is super faithful, you know, and so he says, here's

00:42:49.699 --> 00:42:53.500
here's five more, you know, well done, my good and faithful

00:42:53.500 --> 00:42:55.939
servant, I will set you over much enter into the joy of your

00:42:55.939 --> 00:42:59.939
master, something similar to the second guy. And so like

00:42:59.939 --> 00:43:04.500
fruitfulness in, you know, with little brings fruitfulness in,

00:43:04.500 --> 00:43:07.820
in, you know, in rulership over much. And so it's interesting,

00:43:07.820 --> 00:43:10.419
right? It's actually pretty fitting. Like, if you like if

00:43:10.419 --> 00:43:12.939
you are a good steward of your life, and what does that look

00:43:12.939 --> 00:43:16.179
like to mean to be a good steward of your life? At the end

00:43:16.179 --> 00:43:18.820
of the day, it's to give it's to entrust your life to Christ.

00:43:19.459 --> 00:43:23.139
Like it's to put it in his hands and carry out his will. And so

00:43:23.139 --> 00:43:25.540
what you know, it would make sense that you would be given

00:43:25.580 --> 00:43:28.979
eternal life. You know, if you steward your life and give it to

00:43:28.979 --> 00:43:31.620
the person who you know, is the best the best steward of it, if

00:43:31.620 --> 00:43:34.979
you entrust it to his care, then you know, the the reaping that

00:43:34.979 --> 00:43:38.780
you get is infinite lifetimes, effectively, you know, that's

00:43:38.780 --> 00:43:41.820
that's, you know, that's how you could, you know, it's kind of

00:43:41.860 --> 00:43:44.939
eternal life isn't just this random thing, like it's actually

00:43:44.939 --> 00:43:48.939
it corresponds with, you've lived life faithfully. And so

00:43:48.979 --> 00:43:50.899
I'm going to give you a whole bunch more of them more than you

00:43:50.899 --> 00:43:52.340
could possibly, you know, imagine.

00:43:53.540 --> 00:43:55.979
I love the double meaning of this pair is one of my favorite

00:43:55.979 --> 00:44:01.500
parables in the Bible. I love that it both applies to creating

00:44:01.500 --> 00:44:06.659
something, taking risks and making a profit and in the sense

00:44:06.659 --> 00:44:12.300
of actually making money. And it also applies to evangelism using

00:44:12.300 --> 00:44:16.659
the life that God has given you to basically bring light into

00:44:16.659 --> 00:44:21.979
the world to essentially to tell other people about Jesus, what

00:44:21.979 --> 00:44:27.260
God has done to to bless your life, so that their life gets

00:44:27.260 --> 00:44:32.060
blessed. And there is a multiplicative effect that

00:44:32.060 --> 00:44:34.459
happens that's not just generating profit, it's actually

00:44:34.459 --> 00:44:38.379
like generating souls that are saved, people that get the

00:44:38.379 --> 00:44:43.060
blessing of God by you, essentially showing the blessing

00:44:43.060 --> 00:44:48.340
that has been given to you. And, and it's both, it's both applies

00:44:48.340 --> 00:44:53.939
to business and moneymaking and to evangelism. And yeah, it's

00:44:53.939 --> 00:44:56.419
just beautiful. And this short little story, you get both of

00:44:56.419 --> 00:44:57.060
those things.

00:44:58.419 --> 00:45:02.459
Random, one more thing, and sorry to jump back in, but

00:45:02.459 --> 00:45:06.379
actually curious. Brandon, I think your superpowers

00:45:06.419 --> 00:45:10.020
relationships, like you're just a frickin relationship machine,

00:45:10.020 --> 00:45:15.979
like everybody loves you. But I'm very curious, the the

00:45:15.979 --> 00:45:19.540
parables with or rather the corollaries with with the

00:45:19.739 --> 00:45:22.020
investments here with relationships, because I

00:45:22.020 --> 00:45:24.179
actually think a lot of like myself personally, like I think

00:45:24.179 --> 00:45:26.780
I struggle with relationships sometimes. And, you know, I

00:45:26.780 --> 00:45:31.699
don't think I have a good sense sometimes, on like the proper

00:45:31.699 --> 00:45:34.780
way to grow or foster duties. And I'd actually really love to

00:45:35.379 --> 00:45:39.699
hear your take on the application of this to, you

00:45:39.699 --> 00:45:41.939
know, it's like, to relationships, or it's like,

00:45:41.939 --> 00:45:44.780
hey, like, I, I'm investing in these things. And I'm growing

00:45:44.780 --> 00:45:47.820
these things and like perspective on like, why I think

00:45:47.820 --> 00:45:50.060
they're important, how you grow them, how you move them. But

00:45:50.060 --> 00:45:53.340
then also like how it comes back to this of like, you know, God

00:45:53.340 --> 00:45:56.620
has given me the ability to talk to a lot of people minister to

00:45:56.620 --> 00:46:00.379
a lot of people spread a message to a lot of people. And I, you

00:46:00.379 --> 00:46:02.540
know, how do you see that kind of playing out here of like,

00:46:03.340 --> 00:46:05.699
because I'm sure more people are reaching out to you and you to

00:46:05.699 --> 00:46:08.899
Jordan, you know, every day, like, how do you think this kind

00:46:08.899 --> 00:46:11.459
of correlates to like relationships? And how does that

00:46:11.459 --> 00:46:14.100
change in like a Bitcoin world, like the relationship to become

00:46:14.100 --> 00:46:15.379
more valuable, they become less?

00:46:16.939 --> 00:46:20.020
I think it's, I think relationships are everything. And

00:46:20.020 --> 00:46:22.580
I'll say this, I appreciate the kind words, I always think that

00:46:22.580 --> 00:46:26.379
about you, quite, quite honestly. And I look at you guys.

00:46:26.379 --> 00:46:28.300
And I think that I don't think that about myself. So I

00:46:28.300 --> 00:46:31.939
appreciate the kind words, but it's not easy. I mean, number

00:46:31.939 --> 00:46:34.340
one, we're men, right? So like, relationships are, you know,

00:46:34.340 --> 00:46:37.540
like, I think I think good friendship is like, hey, I can

00:46:37.580 --> 00:46:39.419
talk to one of you guys like today, and I can talk to you

00:46:39.419 --> 00:46:41.580
like a year from now. And they're like, we picked up right

00:46:41.580 --> 00:46:43.979
where we left off, right. And that's the kind of people you

00:46:43.979 --> 00:46:46.219
want to be around. I find that a lot in Bitcoin. I mean, I will

00:46:46.219 --> 00:46:48.899
say this is kind of the segues beautifully from the story I was

00:46:48.899 --> 00:46:52.419
telling earlier of being in athletics. I didn't, I just

00:46:52.419 --> 00:46:55.979
didn't get along with a lot of people in athletics. And they

00:46:55.979 --> 00:46:59.780
just weren't my people. And so like Bitcoiners, again, I would

00:46:59.780 --> 00:47:02.500
be the 10th time 100 time we've hung out or first time and then

00:47:02.500 --> 00:47:04.979
like a year from now, we'll just pick right up, you know, right

00:47:04.979 --> 00:47:07.300
where we left off. And I think that's true, probably for the

00:47:07.300 --> 00:47:11.699
guys that are on here as well in that Bitcoin community. And a

00:47:11.699 --> 00:47:14.739
lot of the Christian community as well. I'm sure that's, that's

00:47:14.739 --> 00:47:16.979
true as well, right? Like we can just kind of just like we have

00:47:16.979 --> 00:47:22.260
these core values. And so in saying all that, the community

00:47:22.260 --> 00:47:24.979
is the number one thing in a survival situation. So it's not

00:47:24.979 --> 00:47:28.219
gold, or it's not Bitcoin, it's not water, you know, it's like,

00:47:28.219 --> 00:47:30.139
because whatever you're deficient at, like Jordan said

00:47:30.139 --> 00:47:31.979
earlier, like, if there's a solar flare, or whatever

00:47:31.979 --> 00:47:35.459
happens, it's going to be a mad chaos, right? It's Mad Max at

00:47:35.459 --> 00:47:38.139
that point. So it's like, who are the people that I'm around?

00:47:38.379 --> 00:47:41.260
And who am I going to surround myself with? Because that's the

00:47:41.260 --> 00:47:43.100
only thing that's gonna matter, because these people are going

00:47:43.100 --> 00:47:47.540
to be helping me with what I'm deficient at. And even though a

00:47:47.540 --> 00:47:51.659
lot of us are, you know, again, Bitcoiners tend to, whether they

00:47:51.659 --> 00:47:54.219
are just weaponized autists are highly regarded, they think they

00:47:54.219 --> 00:47:56.939
are he-man, or they think they're some lone wolf, and like,

00:47:56.939 --> 00:47:59.219
I'm just gonna do everything myself, which I know is me at

00:47:59.219 --> 00:48:02.179
times, you aren't, you know, so like, that's, that's that

00:48:02.179 --> 00:48:05.100
humbling process. And the humility that the humility test

00:48:05.100 --> 00:48:08.659
in a way that Bitcoin is where you have to unlearn a lot of

00:48:08.659 --> 00:48:11.060
your life in a way and then like relearn it. And I think that's

00:48:11.060 --> 00:48:15.060
what Bitcoin does so well is just reframing. Because we're

00:48:15.060 --> 00:48:17.340
all doing it, right? We all everyone who's in Bitcoin had to

00:48:17.340 --> 00:48:20.300
go in like people think that Bitcoiners are like, you guys

00:48:20.300 --> 00:48:22.379
are idiots. Like, how come like, let the free market decide?

00:48:22.379 --> 00:48:24.379
It's like, well, number one, we are the free market. Like I am

00:48:24.379 --> 00:48:26.340
the free market, Jordan, you know, Anton, we're all the free

00:48:26.340 --> 00:48:29.540
market, and we are free to then educate people on the scams that

00:48:29.540 --> 00:48:32.260
are going around all around the world. And that's the free

00:48:32.260 --> 00:48:35.939
market doing free market things. And it's our duty to go do those

00:48:35.939 --> 00:48:38.899
things, which comes back to the parable, which to me is don't

00:48:38.899 --> 00:48:41.820
put your head in the sand. Don't take the blue pill. And it's

00:48:41.820 --> 00:48:43.620
using your talents, because I'm glad you said that Jordans, I

00:48:43.620 --> 00:48:46.100
forgot, I always think of this parable. And Anton, you were

00:48:46.100 --> 00:48:47.939
saying it's one of your favorites. I always think of

00:48:47.939 --> 00:48:51.300
this parable as just strictly talents. I almost never think of

00:48:51.300 --> 00:48:53.540
it. And on the money side, I always am thinking of the

00:48:53.540 --> 00:48:56.659
talents of what have I been given? And how can I do things?

00:48:56.659 --> 00:48:59.780
Because at times, I'm like, why am I doing this? You know, like,

00:48:59.780 --> 00:49:01.939
why? Why am I, you know, spouting my mouth off all the

00:49:01.939 --> 00:49:04.659
time or writing things or doing whatever, you know, helping

00:49:05.060 --> 00:49:07.379
different companies with stuff or helping Bitcoin trading cards

00:49:07.379 --> 00:49:09.540
going to conferences? Like, why? Why am I doing? I could just

00:49:09.540 --> 00:49:12.979
have a great life and just go away with my kids and my wife

00:49:12.979 --> 00:49:15.820
and have a great life. Because it's just a deeper meaning is

00:49:15.820 --> 00:49:19.860
deeper calling that I think God implanted here in me. And I

00:49:19.860 --> 00:49:22.620
would I would say probably you to knowing you guys, that it's

00:49:22.620 --> 00:49:25.500
like, we could all just go do something else. But we're called

00:49:25.500 --> 00:49:28.780
to do this because of the talents we've been given. And

00:49:28.820 --> 00:49:31.459
and to not put our head in the sand, because we could do that

00:49:31.500 --> 00:49:34.020
we could just go shoot up heroin and go sit under a bridge to

00:49:34.020 --> 00:49:36.699
like, every day, we have a choice to go do that. Or you'll

00:49:36.699 --> 00:49:39.260
go do this or go do that. And we all get up and choose every

00:49:39.260 --> 00:49:41.739
single day like, hey, it's not going to be easy. Most of the

00:49:41.739 --> 00:49:45.020
world's not going to be with us. Like we said earlier, the 97%

00:49:45.060 --> 00:49:46.860
are not going to be honest, and a lot of them probably never

00:49:46.860 --> 00:49:49.739
will be. And we were going to have to drag a lot of them

00:49:49.739 --> 00:49:52.219
kicking and screaming to the finish line, as they did in the

00:49:52.219 --> 00:49:54.979
American Revolution. And George Washington going across the

00:49:54.979 --> 00:49:57.860
Delaware River with icebergs floating by like it's, it's not

00:49:57.860 --> 00:50:00.540
gonna be fun. It's not gonna be pretty. But some of us are

00:50:00.540 --> 00:50:04.820
called to use those talents in order to further society and

00:50:04.820 --> 00:50:05.459
further truth.

00:50:06.300 --> 00:50:08.979
Bond or I'm very curious. Yeah. And you opened up but like this,

00:50:08.979 --> 00:50:11.620
this is seems like exactly like you've what you've been talking

00:50:11.620 --> 00:50:13.860
about, to me, ever since we first met.

00:50:15.139 --> 00:50:18.139
Exactly 100% agree with everything you said, Brandon,

00:50:18.419 --> 00:50:23.580
well stated. And let me affirm how real the community thing is.

00:50:23.820 --> 00:50:27.459
And anytime you can attest to this, for years, I basically

00:50:27.459 --> 00:50:30.860
just posted on Facebook as private messages, just

00:50:31.100 --> 00:50:35.620
screaming at all of my friends, but never actually engaging with

00:50:35.620 --> 00:50:40.739
the wider Bitcoin community. And since engaging with the wider

00:50:40.739 --> 00:50:42.659
Bitcoin community, it's like, whoa, these people, it's like,

00:50:43.060 --> 00:50:47.939
it's like, part of that was like, I wanted to, like, it was

00:50:47.939 --> 00:50:51.979
like, Bitcoin is a totally decentralized thing. I wanted to

00:50:51.979 --> 00:50:55.219
build, I didn't, I didn't. It's not like I wanted to do it

00:50:55.219 --> 00:50:59.379
alone. Like I was engaging people like Anton. But I wanted

00:50:59.379 --> 00:51:03.100
to build as like, yo, we don't I don't even, I don't even need to

00:51:03.100 --> 00:51:06.540
be a satellite for the larger community. I can like literally

00:51:06.540 --> 00:51:10.020
be my own node with my own network, my own private Bitcoin

00:51:10.020 --> 00:51:12.379
network. And like, you can do that you can build that it's

00:51:12.379 --> 00:51:18.219
like, totally doable. It just is so hard. And it takes so long

00:51:18.219 --> 00:51:22.500
because you have so much less people in your community. The

00:51:22.500 --> 00:51:25.820
amount of people that you get when you open up to the broader

00:51:25.820 --> 00:51:31.179
community is just bonkers. I mean, JD, JD and I started or

00:51:32.060 --> 00:51:34.459
restarted the Bitcoin meetup here.

00:51:34.820 --> 00:51:38.459
And just say like, Bondor basically started this new one.

00:51:39.379 --> 00:51:42.179
I'm gonna give you 100% of the credit like is the heart and

00:51:42.179 --> 00:51:44.419
soul of Nelda Bitcoin. So

00:51:44.979 --> 00:51:48.780
but the point is, once we open that up, it you know, starts

00:51:48.780 --> 00:51:52.060
it's just me and JD because we met at the conference. Right?

00:51:52.100 --> 00:51:56.459
First conference I've ever been at the bar. Yeah, at the bar.

00:51:56.820 --> 00:52:00.659
And since then, a year ago, a little over a year ago, it's

00:52:00.659 --> 00:52:05.659
like grown to the last meeting was 21 people. And like, that is

00:52:05.659 --> 00:52:09.939
like real people in the real community around our area. Like

00:52:09.979 --> 00:52:14.739
there's a coffee shop that's close to us that I went to this

00:52:14.739 --> 00:52:18.300
week, I think on Tuesday. And like we should we like I roll in

00:52:18.300 --> 00:52:22.179
there at whatever 9am. And one of the Bitcoiners who's at the

00:52:22.179 --> 00:52:26.260
community, like at our meetup is there, orange pilling another

00:52:26.260 --> 00:52:31.780
person. Like, this is LA, like LA proper was like, hell yeah,

00:52:31.820 --> 00:52:33.580
this is what I'm talking about. Right?

00:52:33.820 --> 00:52:37.500
Nobody ever shows up to anything in LA, the fact that showed up

00:52:37.500 --> 00:52:38.620
in real life or something.

00:52:38.939 --> 00:52:41.699
And these guys are showing up every guys and girls. And

00:52:41.699 --> 00:52:44.659
actually, we have a we almost have like we had a couple weeks

00:52:44.659 --> 00:52:47.379
ago where we have more women that all the women in Bitcoin

00:52:47.379 --> 00:52:50.899
are in LA, by the way, just FYI, we've found them. But like,

00:52:50.939 --> 00:52:53.179
they're just they're just scoping out and prepping for $5

00:52:53.179 --> 00:52:57.100
rent attacks. You know, they're just I do. Okay, so I jokingly

00:52:57.100 --> 00:53:02.060
say like 15 $15. Exactly. I especially in LA probably 35.

00:53:02.219 --> 00:53:05.699
But like, no, I do think that they we joke, but I do think

00:53:05.699 --> 00:53:09.620
that that is one easy way kind of bond or what you're saying is

00:53:09.620 --> 00:53:14.659
it's easy to withdraw passively because you're thinking, what's

00:53:14.659 --> 00:53:17.139
the about the worst thing that could happen, I could get $5

00:53:17.139 --> 00:53:19.979
wrenched, I could get, you know, whatever, like the worst things

00:53:19.979 --> 00:53:21.939
that can happen that to, you know, use them as a

00:53:21.939 --> 00:53:25.340
justification to just not rock the boat or whatever. And yet,

00:53:25.340 --> 00:53:28.860
like, yeah, and yet, like so much of even just I mean, again,

00:53:28.860 --> 00:53:31.459
we've talked about from a different perspective, but even

00:53:31.459 --> 00:53:34.139
as a Christian, like one of the verses that I just, I'm like, I

00:53:34.139 --> 00:53:36.580
don't know how I didn't see this before. But like, one of the

00:53:36.580 --> 00:53:39.699
things about the kingdom of God is like, it's, it's actually

00:53:39.699 --> 00:53:42.340
like on the offensive. And so you know, one of the things that

00:53:42.340 --> 00:53:46.260
Jesus says is that the gates of hell won't stand against it. And

00:53:46.300 --> 00:53:48.139
in for whatever reason, you think about that, you're like,

00:53:48.139 --> 00:53:50.500
Oh, you know, you're like, hell is this big, intimidating thing.

00:53:50.500 --> 00:53:54.100
It's like, no, hell is this gated place. And we're like,

00:53:54.100 --> 00:53:56.780
charging towards it. And the gates are, they're not going to

00:53:56.780 --> 00:53:58.860
be able to stand there forever, we're gonna run over the gates,

00:53:58.860 --> 00:54:00.540
like, we're gonna we're gonna break down the gates. And it's

00:54:00.540 --> 00:54:03.500
not even gonna be. Yeah, exactly. So like, yeah, the

00:54:03.500 --> 00:54:06.739
walls are gonna fall. And so like, again, now, again, there's

00:54:06.739 --> 00:54:08.260
gonna be people who are gonna die. In the meantime, there's

00:54:08.260 --> 00:54:10.580
gonna be things that are gonna be hard, whatever. But just like

00:54:10.620 --> 00:54:14.899
the place for just fear and cowardice and hiding and being

00:54:14.939 --> 00:54:17.459
silent, like, there's just no room, like, there's no room for

00:54:17.459 --> 00:54:20.739
it. And like, and so if that is your attitude, like that's

00:54:20.739 --> 00:54:23.739
demonstrating the same type of cowardice that, you know, the

00:54:23.739 --> 00:54:27.699
master rebukes in this guy here. So the move is to attack.

00:54:27.820 --> 00:54:31.260
Absolutely. Yes. Yes. Join, join, join the cosmically

00:54:31.260 --> 00:54:33.100
regarded ones. And, you know,

00:54:34.100 --> 00:54:37.620
yeah, no, I, this is such a great, great thing. I just want

00:54:37.620 --> 00:54:41.219
to add one quick thing is that it's, you know, God, God created

00:54:41.260 --> 00:54:44.260
the devil, like he was an he's an angel, you know, so it's like,

00:54:44.459 --> 00:54:47.100
he has dominion over him. And that's like, we all forget that

00:54:47.100 --> 00:54:49.459
I forget that, you know, it's like, like, like you said, fear,

00:54:49.459 --> 00:54:52.060
that's what made me think of it. Fear is Satan, you know, and

00:54:52.060 --> 00:54:54.580
it's like the what if it's the fear, it's these things that

00:54:54.699 --> 00:54:57.699
just consume you. And that's what Satan wants. And God has

00:54:57.699 --> 00:55:00.739
control over him. And and he's and what have you just mentioned

00:55:00.739 --> 00:55:02.580
that kind of something alluded to something that a minute ago

00:55:02.580 --> 00:55:04.979
was when we think of it, too. So I think that's so important to

00:55:04.979 --> 00:55:08.860
remember that it's he always, you know, against gates, like

00:55:08.899 --> 00:55:12.379
God, we will conquer that we will conquer Satan, we that will

00:55:12.379 --> 00:55:15.260
be conquered. And we just have to remember that that he, he's

00:55:15.260 --> 00:55:17.860
below God. It's not like, Oh, God and Satan are up here

00:55:17.860 --> 00:55:20.419
fighting each other on equal playing field. Like, that's not

00:55:20.419 --> 00:55:22.620
an equal playing field. And that's, that's what we all have

00:55:22.620 --> 00:55:28.340
to remember. Brandon, you said something about? Yeah, real

00:55:28.340 --> 00:55:32.659
quick. So Brandon, you said something about that the way to

00:55:32.699 --> 00:55:36.300
survive in a catastrophe is basically through community.

00:55:36.620 --> 00:55:39.340
Above all else, it's not like having water stored or having

00:55:39.340 --> 00:55:45.219
guns and ammo or having silver coins to use. Man, we saw that

00:55:45.219 --> 00:55:49.939
so much with the fires that just happened in LA. Altadena, I was

00:55:50.540 --> 00:55:53.780
in the process of moving to a house that burned down. So I was

00:55:54.219 --> 00:55:57.260
my neighbor, my entire neighborhood is completely gone.

00:55:57.300 --> 00:56:04.739
It's the Yeah, it's, it's ash now. But I had always thought,

00:56:04.780 --> 00:56:07.260
you know, I've been looking at Altadena for years, I live

00:56:07.620 --> 00:56:12.060
basically adjacent to it. And they don't have community. They

00:56:12.060 --> 00:56:14.739
say they have community, but they really don't. Nobody knows

00:56:14.739 --> 00:56:17.860
each other's names. And I am a part of all these Facebook

00:56:17.860 --> 00:56:21.300
groups for people that live in Altadena. And a lot of them are

00:56:21.300 --> 00:56:24.260
like, yeah, there was this guy that lived on my street. He

00:56:24.260 --> 00:56:27.979
drove a red car, he always wore this certain baseball cap. I

00:56:27.979 --> 00:56:31.020
never got his name. Does anybody know who I'm talking about? I

00:56:31.020 --> 00:56:33.739
wanted to check on him. Is he okay? Nobody knew each other's

00:56:33.739 --> 00:56:38.860
names. And a lot of people have GoFundMes. A lot of people

00:56:38.860 --> 00:56:42.540
didn't get almost any money on their GoFundMes. And then a few

00:56:42.540 --> 00:56:47.340
people that had really done the work to create a community for

00:56:47.340 --> 00:56:50.500
themselves, which, if you've ever been a part of a community,

00:56:50.500 --> 00:56:53.179
it takes a little bit of sacrifice. It's a little bit of

00:56:53.179 --> 00:56:57.100
a risk to go out there in the real world and make friends. And

00:56:57.139 --> 00:57:01.820
you also have to be generous yourself. And it's so worth it.

00:57:01.820 --> 00:57:04.820
Because when you need that community, if you put in the

00:57:04.820 --> 00:57:06.979
work, it's there. If you didn't, it's not there.

00:57:08.860 --> 00:57:14.500
Yeah, I said one thing. So like one of the dangers of money and

00:57:14.500 --> 00:57:17.419
over reliance on a monetary economy is that money enables

00:57:17.419 --> 00:57:21.459
artificial community. Like money basically enables you to buy

00:57:21.459 --> 00:57:25.459
people to help you, like to buy people's attention to care about

00:57:25.459 --> 00:57:29.060
you. And so like you can, again, that can work for a period of

00:57:29.060 --> 00:57:32.020
time, but there'll come a point where that'll end, you know. And

00:57:32.020 --> 00:57:34.739
so like, this is one of the things where I never forget. One

00:57:34.739 --> 00:57:38.939
of my wife's best friends, one of my best friends, she was

00:57:38.939 --> 00:57:41.179
married. And I don't, I can't remember if they had kids at

00:57:41.179 --> 00:57:44.139
that point. But we just were talking about having kids. And

00:57:44.139 --> 00:57:46.100
we just said, you know, like, we're planning on having, you

00:57:46.100 --> 00:57:49.100
know, good, good number of kids. Because like, when we get old,

00:57:49.540 --> 00:57:52.419
somebody's gonna have to take care of us. And, you know, if we

00:57:52.419 --> 00:57:54.899
have, even if we just have like one or two kids, then that's,

00:57:54.899 --> 00:57:57.820
that's a lot. Like, taking care of two parents is a lot for one

00:57:57.820 --> 00:58:00.620
or two kids. So if you have four or five, six kids, whatever,

00:58:00.620 --> 00:58:03.860
then it's easier to spread the load. And if you don't have any

00:58:03.860 --> 00:58:05.739
kids, and obviously, there's people who are unable to have

00:58:05.739 --> 00:58:07.540
kids. And so like, that's a whole different situation. So

00:58:07.540 --> 00:58:10.419
you know, again, they work it out differently. So this is some

00:58:10.419 --> 00:58:15.100
condemnation. But like, but what we said was, like, there's

00:58:15.100 --> 00:58:17.139
people who are just planning, oh, I'm not gonna have any kids.

00:58:17.139 --> 00:58:19.100
Like, that's kind of their game plan. Now, it's I'm not gonna

00:58:19.100 --> 00:58:21.500
have any kids, because I want to work, I want to make money, I

00:58:21.500 --> 00:58:24.100
want to do whatever. At the end of your life, you're going to

00:58:24.100 --> 00:58:26.580
spend the vast majority, if you don't have kids to care for,

00:58:26.580 --> 00:58:29.379
you're going to spend the vast majority of your money, paying

00:58:29.379 --> 00:58:32.139
other people to try to care about you are trying to pay

00:58:32.139 --> 00:58:35.620
people to convince them to care about you. And in an inflationary

00:58:35.620 --> 00:58:38.340
world that gets even like, it's more expensive than you're ever

00:58:38.340 --> 00:58:42.899
prepared for. So I think I think that this is, you know, Bitcoin

00:58:43.100 --> 00:58:45.860
will kind of help help people. I don't know, it's restored

00:58:45.860 --> 00:58:49.540
people's priorities in a lot of ways, just by being a more sane,

00:58:50.419 --> 00:58:54.459
you know, I don't know, it's, it's more connected to like,

00:58:54.459 --> 00:58:56.739
it's more like everything else in the world scarce, you know,

00:58:56.739 --> 00:58:59.379
that you can't, you have to make yes or no decisions, you can't,

00:58:59.459 --> 00:59:02.419
you can't fudge on it in that way. And so, again, I'm

00:59:02.459 --> 00:59:06.060
optimistic that it'll be helpful over time, and that people have

00:59:06.060 --> 00:59:08.739
a healthier view of the world as a result of its ascendance.

00:59:09.179 --> 00:59:12.379
You gave me an interesting thought. And I'm actually

00:59:12.379 --> 00:59:14.979
curious, all your takes on this, do you think Bitcoin is going to

00:59:14.979 --> 00:59:19.780
make the world bigger? And what I mean by that is, are people

00:59:19.780 --> 00:59:22.899
going to think more about the opportunity cost of going

00:59:22.899 --> 00:59:25.540
somewhere? And like, is travel actually going to become less?

00:59:27.419 --> 00:59:30.300
Like less of a thing, because Bitcoin is the rising tide,

00:59:30.340 --> 00:59:32.060
everything is going to get better everywhere. So you're not

00:59:32.060 --> 00:59:33.739
going to be discontent where you are, because I need to go to

00:59:33.739 --> 00:59:37.620
America to make money, or I need to arbitrage, you know,

00:59:38.500 --> 00:59:40.860
making this thing somewhere else, because I can make it

00:59:40.860 --> 00:59:42.820
somewhere else cheaper, like, like, is the world going to get

00:59:43.260 --> 00:59:44.179
bigger again?

00:59:47.419 --> 00:59:50.979
Definitely, there's going to be especially right away, there are

00:59:50.979 --> 00:59:53.260
going to be some of these smaller countries that

00:59:53.379 --> 00:59:56.459
essentially go on a Bitcoin standard, and they are going to

00:59:56.500 --> 01:00:00.580
welcome you if you want to go there and spend Bitcoin, it's

01:00:00.659 --> 01:00:04.659
there's going to be a lot for you to do. And it's going to be

01:00:04.659 --> 01:00:09.219
open to you. And it will also have an effect where it will

01:00:09.219 --> 01:00:14.780
somewhat preserve cultures, like, in in the in the middle of

01:00:14.780 --> 01:00:20.540
the 1900s, you had basically, like the Soviet Union, you had

01:00:20.540 --> 01:00:24.780
these giant blocks of like, essentially empires, I was

01:00:24.780 --> 01:00:29.620
looking at the Japanese Empire in 1942. It was massive, it was

01:00:29.620 --> 01:00:33.179
like one third of the size of Russia now. And we're going away

01:00:33.179 --> 01:00:36.500
from that to where you're going to have sovereign individuals,

01:00:36.540 --> 01:00:39.219
and you're going to have a little sovereign enclaves, kind

01:00:39.219 --> 01:00:42.780
of like what, theoretically, we're seeing in El Salvador now.

01:00:44.659 --> 01:00:48.580
Yeah, I think it'll, I think it'll become, I think what

01:00:48.580 --> 01:00:53.179
you're alluding to JD is that will people in essence, live in

01:00:53.179 --> 01:00:56.860
their citadels? Will they kind of just live there more? And

01:00:56.899 --> 01:00:59.139
you're gonna have people that might move around like

01:00:59.179 --> 01:01:03.060
Anton was saying, like in the near future type of thing. But

01:01:03.379 --> 01:01:05.500
you know, 50 years from now, 100 years from now, are we

01:01:05.500 --> 01:01:07.979
traveling as much? Does the world become bigger in that

01:01:07.979 --> 01:01:10.340
sense? Like where we're just not traveling as much like I am

01:01:10.340 --> 01:01:13.739
content because I have six kids and I have my whole family here.

01:01:13.820 --> 01:01:16.179
We've got our wealth, we've got what we need, I don't need to go

01:01:16.179 --> 01:01:18.659
travel. Because again, the symptom of the society, and

01:01:18.659 --> 01:01:21.979
we're all about the same age. You saw the last 20 years, a lot

01:01:21.979 --> 01:01:25.179
of people leaving. I mean, again, in the Midwest, you have

01:01:25.179 --> 01:01:28.540
people what leaving because of job opportunities, money, and

01:01:28.540 --> 01:01:31.540
they want to go travel, I want, you know, travel became so easy.

01:01:31.540 --> 01:01:33.580
It's like, I want to go do things my parents have wealth,

01:01:33.580 --> 01:01:36.419
like I'm gonna go travel and do stuff. I'm living in LA, living

01:01:36.419 --> 01:01:39.060
in whatever Chicago, I'm living in New York City. And it was

01:01:39.060 --> 01:01:42.459
like, cool, it was trendy to leave your family. And now what

01:01:42.459 --> 01:01:45.500
do we see? We see senior centers everywhere, you know, assisted

01:01:45.500 --> 01:01:48.340
living because no one has the money to pay for their parents,

01:01:48.419 --> 01:01:50.820
or there are no kids really, because they're gone. And

01:01:50.820 --> 01:01:52.739
they're too busy making money that they can't even take care

01:01:52.739 --> 01:01:57.060
of the parents. So you're in this world where I do believe I

01:01:57.060 --> 01:01:59.300
hope I mean, to me, like the senior housing stuff is very

01:01:59.300 --> 01:02:02.500
sad. Like it's, I have a very different take on on that. And

01:02:02.500 --> 01:02:05.379
it's, it's, it's not the typical take, I'm sure a lot of you

01:02:05.379 --> 01:02:07.139
guys, a lot of big players would probably have a similar take.

01:02:07.139 --> 01:02:09.179
But it's society is like, Oh, look at this is great. Like,

01:02:09.179 --> 01:02:11.219
look at these facilities taken. It's like, where are the

01:02:11.219 --> 01:02:13.899
people's family? You know, like, where are the people that love

01:02:13.899 --> 01:02:17.459
them? Like, what is going on? And it's, it's a symptom, again,

01:02:17.459 --> 01:02:20.379
of late stage fiat has been mentioned many times. But I do

01:02:20.379 --> 01:02:22.620
hope that that kind of turns around. And we build these

01:02:22.620 --> 01:02:25.699
compounds or citadels or these communities that are

01:02:25.820 --> 01:02:28.620
decentralized, built on community, and they are local,

01:02:28.620 --> 01:02:30.979
because that's, as we know, just governing wise, like we talked

01:02:30.979 --> 01:02:34.459
in the beginning, governance is way easier locally, you know,

01:02:34.459 --> 01:02:37.060
getting back to this, this standard of taking care of just

01:02:37.060 --> 01:02:39.580
the people right around us. That's the easiest way,

01:02:39.620 --> 01:02:42.739
obviously, humans have found to govern and work things. So I do

01:02:42.739 --> 01:02:45.540
think it might take 50 years, 100 years, but it I think we're

01:02:45.540 --> 01:02:48.139
going to get to a more of the world is bigger, where I'm not,

01:02:48.179 --> 01:02:50.500
I don't have to feel like I have to travel all over, because

01:02:50.500 --> 01:02:52.580
everyone else is doing it. I think it just naturally starts

01:02:52.580 --> 01:02:53.459
to kind of heal again.

01:02:54.419 --> 01:02:58.260
Yeah, I think at the same time, though, like, just given the

01:02:58.260 --> 01:03:01.100
dynamics of how much Bitcoin is out there, and how much Bitcoin,

01:03:01.219 --> 01:03:04.060
like how expensive Bitcoin is, like, it's gonna be harder and

01:03:04.060 --> 01:03:06.540
harder for your average person to be able to, you know, make a

01:03:06.540 --> 01:03:09.780
meaningful amount of Bitcoin. So I think I think that probably

01:03:09.820 --> 01:03:13.500
the bigger the bigger challenge is gonna be well, I don't know

01:03:13.500 --> 01:03:15.659
about bigger, I don't know how to even evaluate the size of the

01:03:15.659 --> 01:03:18.580
challenge. Basically, I would say, like, in some ways, this,

01:03:18.620 --> 01:03:20.899
the parable of the talents is going to be relevant to people

01:03:20.899 --> 01:03:24.060
who are Bitcoiners at this point, because, like, you're

01:03:24.060 --> 01:03:27.379
going to have, I mean, if things continue to, you know, to go

01:03:27.419 --> 01:03:29.699
along the same kind of lines that they've been going, like,

01:03:29.739 --> 01:03:32.219
if you have any kind of significant amount of Bitcoin,

01:03:32.620 --> 01:03:35.300
like, you're going to have a staggering amount of money. And

01:03:35.300 --> 01:03:37.540
you're going to be trying to figure out, you know, again,

01:03:37.540 --> 01:03:40.939
like, what do I do with this? How do I store this in effective

01:03:40.939 --> 01:03:45.340
ways? And, yeah, and like, and again, just I think thinking

01:03:45.340 --> 01:03:47.300
about that, the sooner you start thinking about that, like, what

01:03:47.300 --> 01:03:50.979
are the things that are important to me? Yeah, I just

01:03:50.979 --> 01:03:53.139
think that's, that's something you ought to be doing. Because

01:03:53.139 --> 01:03:56.260
again, like, I have people in my in my feed who are totally

01:03:56.260 --> 01:03:59.659
rational people, you know, again, who are who are older,

01:03:59.659 --> 01:04:01.419
who've been in, you know, live, live the world, and they're

01:04:01.419 --> 01:04:04.379
basically saying, I'm upping my price, you know, like the odds

01:04:04.379 --> 01:04:06.500
of Bitcoin going to a million dollars by the end of this year

01:04:06.500 --> 01:04:09.979
just got a whole lot bigger. And so I just think like, this can

01:04:09.979 --> 01:04:14.020
move so fast, like the speed that this thing can move, and

01:04:14.020 --> 01:04:17.139
then the position it would put anybody who's got a meaningful

01:04:17.139 --> 01:04:20.060
amount of Bitcoin in. Yeah, I just think it could get it could

01:04:20.060 --> 01:04:24.179
get bonkers really quick. And yeah, and I think if that's

01:04:24.179 --> 01:04:27.419
happening at the same time as you have so many cultures around

01:04:27.419 --> 01:04:30.459
the world who are, you know, the currencies are failing, and

01:04:30.459 --> 01:04:32.899
things are getting harder and harder, I think you can see.

01:04:33.580 --> 01:04:37.379
Yeah, just it could it could get a lot worse before before it

01:04:37.379 --> 01:04:40.060
gets be better on a large scale.

01:04:40.219 --> 01:04:44.020
Somebody was putting a TA, you know, a TA bro was putting

01:04:44.020 --> 01:04:46.780
something down, but the 14th is apparently when we're supposed

01:04:46.820 --> 01:04:50.979
to get to our next, like, next all time high, not saying that

01:04:51.020 --> 01:04:53.979
the peak, but like, when we're supposed to break the previous

01:04:53.979 --> 01:04:56.500
one is the 14th. So seven days from now, like, I don't know, I

01:04:56.500 --> 01:05:00.459
just have a hunch will be like 140 a week from now. And I

01:05:00.459 --> 01:05:03.899
think this Bitcoin reserve thing took everybody by surprise, who

01:05:03.899 --> 01:05:06.100
expected that in the afternoon yesterday?

01:05:06.340 --> 01:05:09.620
Well, not even not even well, actually, nobody expect I did

01:05:09.620 --> 01:05:11.860
not expect it until today, because they're having the

01:05:11.860 --> 01:05:13.340
meeting today. And I was like, Okay, so maybe we hear

01:05:13.340 --> 01:05:14.860
something the end of the day today, or maybe we hear

01:05:14.860 --> 01:05:18.340
something on Monday. And candidly, I think the people,

01:05:18.379 --> 01:05:24.179
you know, and if you're watching this, you know, like, I know, a

01:05:24.179 --> 01:05:29.340
significant amount of Bitcoin is any, like any portion and like,

01:05:29.340 --> 01:05:31.939
you don't have to have like bitcoins, or you don't have like

01:05:31.939 --> 01:05:33.820
a whole have a whole corner, like a significant amount of

01:05:33.820 --> 01:05:38.020
Bitcoin is gonna be any Bitcoin. And at certain points in time,

01:05:38.020 --> 01:05:40.100
and I think the thing that's really interesting that I, you

01:05:40.100 --> 01:05:42.139
know, haven't really thought about, but I think it was David

01:05:42.139 --> 01:05:46.939
Bailey, who actually posted this. But there is not enough

01:05:46.939 --> 01:05:51.620
Bitcoin now for every millionaire in the United States

01:05:51.659 --> 01:05:57.899
to own one. And so the the thing to think about right now is the

01:05:57.899 --> 01:06:01.620
people who are going to have the most regret when it comes to

01:06:01.620 --> 01:06:04.659
Bitcoin ownership are not the poor, it's the rich.

01:06:05.860 --> 01:06:09.219
Well, most specifically, it's it's the boomers who have houses

01:06:09.219 --> 01:06:11.379
that they need to all sell now because they need to pay for

01:06:11.379 --> 01:06:13.179
their retirement because they don't have kids.

01:06:16.699 --> 01:06:19.540
It's gonna be really interesting to actually to see this transfer

01:06:19.540 --> 01:06:22.459
of wealth and actually see like, the countries I'm actually the

01:06:22.459 --> 01:06:26.739
most excited for when it comes to being on a Bitcoin standard

01:06:26.739 --> 01:06:30.780
Bitcoin in general, like Italy. You know, like I we have family

01:06:30.780 --> 01:06:34.860
in Italy and America. Well, America, too. But But I think we

01:06:34.860 --> 01:06:36.659
have the quintillion effect. So I think, you know, we're probably

01:06:36.659 --> 01:06:38.139
better off than most. And if you're not familiar with that,

01:06:38.139 --> 01:06:39.899
especially we are the money printer, and we're the closest

01:06:39.899 --> 01:06:42.300
there's we benefit the most. Sorry, everybody else that we're

01:06:42.300 --> 01:06:45.659
showing over we are those cock bucks. We also get screwed the

01:06:45.659 --> 01:06:48.020
most because the money printer destroys the culture, which is

01:06:48.020 --> 01:06:51.060
why we have such destroyed culture. Speaking of Italy,

01:06:51.060 --> 01:06:54.459
again, is some of these things can be preserved. And I think

01:06:54.459 --> 01:06:56.939
the other thing is, though, not only they're gonna be preserved

01:06:56.939 --> 01:06:59.219
is it's actually going to potentially, you know, if this

01:06:59.219 --> 01:07:02.500
can come, I hope we get to a million by Christmas, like I

01:07:02.500 --> 01:07:04.100
posted earlier this week, we're gonna get to a million by

01:07:04.100 --> 01:07:07.739
Christmas. I don't know if we are, but I really, really want

01:07:07.739 --> 01:07:13.979
us to because I do believe the issue we have is, you know, the

01:07:13.979 --> 01:07:16.979
money printers screwed things up so much. And these people you

01:07:16.979 --> 01:07:20.139
can't be, you know, in Italy, like the employment rate for

01:07:20.139 --> 01:07:24.260
people under the age of like 35 is like 20 20%, something like

01:07:24.260 --> 01:07:27.379
that. It's nuts. And it's like, you know, we have a family

01:07:27.379 --> 01:07:30.860
member here. And she's been telling us she's like, my

01:07:30.860 --> 01:07:34.820
generation has no hope. And so they have no dreams and no

01:07:34.820 --> 01:07:38.739
desire, and they don't do anything. And so it's like,

01:07:39.459 --> 01:07:46.540
when we can re instantiate hopes and dreams and balance to some

01:07:46.540 --> 01:07:49.699
of these things by pouring kerosene, like I think Bitcoin

01:07:49.699 --> 01:07:53.020
is economic kerosene in a good way, it's going to wipe

01:07:53.020 --> 01:07:55.459
everything away, and it's going to supercharge everything all at

01:07:55.459 --> 01:07:58.260
the same time. I think it's going to be really, really

01:07:58.260 --> 01:08:00.340
interesting to see what happens. I think the global South is

01:08:00.340 --> 01:08:02.620
going to is going to come roaring back in the neck. Like

01:08:02.620 --> 01:08:06.340
I think the 20 the 2030s and the 2040s are going to be like

01:08:06.340 --> 01:08:10.100
Latam, Africa, you know, Southeast Asia and India, like

01:08:10.100 --> 01:08:12.739
it's going to be wild seeing those those cultures develop on

01:08:12.739 --> 01:08:13.459
a Bitcoin standard.

01:08:14.300 --> 01:08:17.979
I think that yeah, I just think we're good. I was just gonna

01:08:17.979 --> 01:08:20.819
say I liked the answer so far. I've just been all of the above.

01:08:22.339 --> 01:08:24.779
Yeah, I just think it's like, it's kind of like, yeah, it's

01:08:24.779 --> 01:08:27.700
kind of it's like the, you look at the mountain from the front

01:08:27.700 --> 01:08:29.740
of it, you're like, Oh, look, it's just straight up. And then

01:08:29.740 --> 01:08:31.740
you look at it from the side. And it's like, actually, it's

01:08:31.819 --> 01:08:34.259
up and down and up and down, but it gradually goes up. Because

01:08:34.259 --> 01:08:36.819
like, I just look at, I mean, you look at there's so many

01:08:36.819 --> 01:08:40.620
things that the attention economy, you know, or like, just

01:08:40.620 --> 01:08:43.620
the things like OnlyFans, like, there's this chick, I can't

01:08:43.620 --> 01:08:45.620
remember her name, Lily something like she's going to

01:08:45.620 --> 01:08:48.339
like nursing homes. Yeah, she's like going to nursing homes

01:08:48.339 --> 01:08:51.180
down, like having sex with like old men in the nursing homes and

01:08:51.180 --> 01:08:53.500
like filming it and then getting like getting making money off

01:08:53.500 --> 01:08:55.939
of this. So like, I'm just thinking like, that's, that's

01:08:55.939 --> 01:08:59.419
one, that's an American person who is, you know, relative

01:08:59.419 --> 01:09:01.939
comfort. And obviously, like, wealth brings extravagance and

01:09:01.939 --> 01:09:04.939
all this kind of stuff. But I just think like, yeah, sure,

01:09:04.939 --> 01:09:10.220
sure. You're right. So but like, you've got, you've got, but

01:09:10.220 --> 01:09:13.700
you've got, you've got this, what is it gonna do? If people

01:09:13.700 --> 01:09:15.779
realize how worthless their dollars are? Like, what are

01:09:15.779 --> 01:09:18.339
that? What? What lengths are they going to be willing to go

01:09:18.339 --> 01:09:22.339
to, to make Bitcoin? Like that? I don't know. I could just see

01:09:22.339 --> 01:09:25.700
this getting really, really bad again. Like, you look in that

01:09:25.700 --> 01:09:27.700
you look at the Roman Empire, like, how bad did it get? They

01:09:27.700 --> 01:09:31.500
literally threw Christians in a in a ring with lions, you know,

01:09:31.500 --> 01:09:33.899
it'd like to, I mean, this is just the cultural degradation

01:09:33.899 --> 01:09:36.779
that happened. So like, I don't know, like, I'm hopeful over the

01:09:36.779 --> 01:09:39.740
long term. But just in the if you told me in the next 10 to 15

01:09:39.740 --> 01:09:43.500
years that we had, you know, actual Hunger Games, like TV

01:09:43.500 --> 01:09:45.660
shows where it was all actually happening, like, I could totally

01:09:45.660 --> 01:09:46.939
believe it. Like, it wouldn't surprise me.

01:09:49.220 --> 01:09:52.060
I disagree. 100%

01:09:52.620 --> 01:09:55.459
I hope so. I hope so. Again, we've been following the path of

01:09:55.459 --> 01:09:58.220
Rome for, you know, pretty, pretty closely. So I'm just

01:09:58.220 --> 01:10:01.580
sure you and I are our kindred spirits here at Bondor is the

01:10:02.259 --> 01:10:06.779
hard disagree. There's none of that's gonna happen. Like, the

01:10:06.819 --> 01:10:09.660
one of the and Jay, you and I have talked about this. We

01:10:09.660 --> 01:10:12.140
bought, we definitely bought heads on this. I think it's, I

01:10:12.140 --> 01:10:13.580
think it's a healthy budding heads.

01:10:13.899 --> 01:10:16.660
It's great. Every, every meetup, people are like, positivity.

01:10:16.660 --> 01:10:18.979
Talk to that guy. You want negativity? Go over there.

01:10:19.819 --> 01:10:24.220
I really don't see that. Because we have Bitcoin that no one

01:10:24.220 --> 01:10:28.620
control. No one can control. This is completely unlike any

01:10:28.620 --> 01:10:33.660
other historical paradigm. On top of that, it takes a

01:10:33.660 --> 01:10:37.459
monumental amount of effort just to understand what you have. And

01:10:37.620 --> 01:10:41.859
that that applies for both both camps, right? The people who

01:10:41.899 --> 01:10:44.540
want to destroy the world versus the people who want to rebuild

01:10:44.700 --> 01:10:47.459
want to destroy the world versus the people who want to rebuild

01:10:47.459 --> 01:10:54.700
the world better. I'm not the build back. So how does this

01:10:54.700 --> 01:10:59.660
play out practically? Well, practically, um, anybody who's

01:10:59.660 --> 01:11:03.500
denominated in Bitcoin has a firewall against inflation,

01:11:04.819 --> 01:11:08.819
which means that their entire lives, like the world can be

01:11:08.819 --> 01:11:12.220
crumbling around them because of crazy hyperinflation, etc. But

01:11:12.220 --> 01:11:16.020
they're, they're still fine. Like they're 100% able to still

01:11:16.020 --> 01:11:19.500
buy groceries, they're 100% able to like their families insulated

01:11:19.500 --> 01:11:25.459
from the insanity at a monetary level, right? Now, of course,

01:11:25.459 --> 01:11:28.540
there's societal issues or whatever. But like, think about

01:11:28.580 --> 01:11:34.779
think about what a firewall is. It's it's literally a wall of

01:11:34.779 --> 01:11:39.259
fire that is that you cannot cross this, you cannot cross

01:11:39.259 --> 01:11:43.339
this, this chasm. And everybody who's protected by a firewall,

01:11:43.979 --> 01:11:47.259
you guys, you guys are good. Anybody can get the firewall

01:11:47.379 --> 01:11:52.259
themselves, right? So there's it's the I shared this article

01:11:52.259 --> 01:11:56.299
again, it's it's a old Satoshi Nakamoto Institute article,

01:11:56.339 --> 01:12:01.459
Nakamoto Institute article. But it's the Bitcoin's shroud of

01:12:01.580 --> 01:12:07.100
allure and subtlety, where you are. You're basically the game

01:12:07.100 --> 01:12:11.100
theory says, you're better off just adopting Bitcoin, then you

01:12:11.100 --> 01:12:14.220
are fighting it or trying to attack people or doing any of

01:12:14.220 --> 01:12:17.660
this stuff, because you like you can have the firewall, like, why

01:12:17.660 --> 01:12:21.020
would you just like, try and fight the firewall, when you can

01:12:21.020 --> 01:12:24.180
just have it? Right? We just trade your trade your wealth

01:12:24.180 --> 01:12:26.819
Bitcoin, you're good to go. You don't have to suffer inflation

01:12:26.819 --> 01:12:29.779
anymore. So that's just the inflation piece of the puzzle.

01:12:29.819 --> 01:12:32.259
There's all sorts of other pieces of the puzzle, like with

01:12:32.259 --> 01:12:38.339
the time preferences. And with the just the way that it stops

01:12:38.339 --> 01:12:42.299
the absurd erosion of culture, like it really does. Like this

01:12:42.299 --> 01:12:47.220
is not like we're talking about something, you know, Jordan, and

01:12:47.259 --> 01:12:50.500
you know, I tend to agree, like the there's nothing new under

01:12:50.500 --> 01:12:54.819
the sun. But like, and of course, this isn't anything new.

01:12:54.819 --> 01:12:58.100
Like this is things like this have happened in history, but

01:12:58.100 --> 01:13:02.620
it's always been small. This is this is the whole, this is the

01:13:02.620 --> 01:13:05.939
whole world. And it's all happening at once. Sure. The the

01:13:05.979 --> 01:13:11.220
the end, like the end dynamic of like, Bitcoin going to a million

01:13:11.220 --> 01:13:14.939
this year, I really just don't see it. Like, yeah, if it does

01:13:14.939 --> 01:13:17.220
do that, well, that's not necessarily going to be a

01:13:17.220 --> 01:13:22.100
function of Bitcoin's value increasing, because it's going

01:13:22.100 --> 01:13:25.259
to take way longer than a year for people to even understand

01:13:25.259 --> 01:13:28.620
that the value has increased, right? So what, if Bitcoin goes

01:13:28.620 --> 01:13:32.660
to a million in a year, what that says is, the US dollar has

01:13:32.660 --> 01:13:36.459
just hyper inflated, and there's no other, like, the amount of

01:13:36.459 --> 01:13:42.020
Bitcoin ecosystem stuff, all of that has only built up, or, or

01:13:42.020 --> 01:13:46.020
what it will say, or what it will say, it'll, because again,

01:13:46.020 --> 01:13:50.379
the reality is, like, there's information asymmetry. So you

01:13:50.379 --> 01:13:53.220
had the world radically changed in 1913, with the creation of

01:13:53.220 --> 01:13:55.660
the Federal Reserve, a small group of people, very small

01:13:55.660 --> 01:13:58.500
group of people made a decision that they benefited from

01:13:58.500 --> 01:14:01.979
tremendously to the detriment of everybody else. And so like, I

01:14:01.979 --> 01:14:04.859
could totally see because again, if you have the governmental

01:14:04.859 --> 01:14:07.740
officials who are controlling the money printers in all these

01:14:07.740 --> 01:14:10.979
countries, who basically see the writing on the wall, none of

01:14:10.979 --> 01:14:13.939
their people do or very small, very few of their people do, but

01:14:13.939 --> 01:14:17.939
they go, wait, right now, the jig, the game is up, we can

01:14:17.939 --> 01:14:20.620
print money right now to buy Bitcoin, and then they all start

01:14:20.660 --> 01:14:23.459
or like four or five of them start doing that. Like you could

01:14:23.459 --> 01:14:27.899
you could see, I mean, it could get crazy really quickly. And so

01:14:27.899 --> 01:14:30.859
again, I don't think it requires tons of people, it only requires

01:14:30.899 --> 01:14:33.979
a very small group of people who are the ones who most know that

01:14:33.979 --> 01:14:37.020
this whole system is a Ponzi scheme, like fiat currencies or

01:14:37.020 --> 01:14:40.580
Ponzi schemes. So yeah, I just think and again, I'm not

01:14:40.580 --> 01:14:45.180
talking I'm not talking in terms of people, I just think the

01:14:45.180 --> 01:14:49.700
reality is, even in the United States, the number of people who

01:14:49.700 --> 01:14:52.259
are going to be able to accumulate through through their

01:14:52.259 --> 01:14:55.100
savings or selling things that they have to accumulate a good

01:14:55.100 --> 01:14:58.620
amount of Bitcoin is going to be still relatively small. And and

01:14:58.979 --> 01:15:03.299
as it sets in that, again, it's in some ways, it's going to be a

01:15:03.299 --> 01:15:06.540
path to nowhere to try to accumulate a large amount of

01:15:06.540 --> 01:15:09.500
Bitcoin. Like what lengths are people going to be willing to go

01:15:09.500 --> 01:15:14.339
to in their extreme, you know, like hopelessness or something

01:15:14.339 --> 01:15:17.140
or like the stream like jadedness to try to accumulate

01:15:17.140 --> 01:15:20.259
more? Is it going to be, you know, are we going to see, you

01:15:20.259 --> 01:15:22.580
know, more extreme examples in this lily girl, you're going to

01:15:22.580 --> 01:15:25.419
see again, things like, I don't even want to put things out

01:15:25.419 --> 01:15:28.100
there. But I just think like, yeah, I think we're just not

01:15:28.100 --> 01:15:31.259
prepared for because again, will that be the smart thing to do?

01:15:31.259 --> 01:15:34.020
Well, no, on a long enough time horizon, of course not. But

01:15:34.020 --> 01:15:37.700
people are not smart. Like people are not good. They make

01:15:37.700 --> 01:15:40.540
stupid decisions, short sighted decisions all the time. And I

01:15:40.540 --> 01:15:42.740
don't think that Bitcoin is going to, it's going to change

01:15:42.740 --> 01:15:45.779
it at a societal level over time. But there's still going to

01:15:45.819 --> 01:15:49.620
be hundreds of 1000s of individual people who are we're

01:15:49.620 --> 01:15:52.020
going to be able to point to as saying those are ridiculous

01:15:52.020 --> 01:15:54.819
decisions that have affected a lot of people in poor ways.

01:15:55.060 --> 01:15:58.060
For me, that that really comes down to just the market

01:15:58.060 --> 01:16:02.740
dynamics, the bubble dynamics, and you know, hysterical popular

01:16:02.740 --> 01:16:05.459
delusions of the madness of crowds kind of like mentality.

01:16:05.540 --> 01:16:08.459
But you know, what's the end result of that? Well, the end

01:16:08.459 --> 01:16:11.540
result of that is everyone sells all their homes, buys Bitcoin,

01:16:11.899 --> 01:16:16.819
and then nobody has, there's no more buyers anymore, the market

01:16:16.819 --> 01:16:19.620
crashes. And it's just, it's no different than any of the

01:16:19.620 --> 01:16:23.259
bubbles we've already seen. Time and time again in Bitcoin, just

01:16:23.459 --> 01:16:26.299
it's like, you know, all the all the leverage for all the things

01:16:26.299 --> 01:16:29.700
and just people will go crazy at the market top. Yeah, market

01:16:29.700 --> 01:16:32.299
tops, they go crazy. And then it's just, yeah, it crashes. And

01:16:32.299 --> 01:16:34.740
everyone's like, Wait a second, what was I thinking? And yeah,

01:16:34.779 --> 01:16:35.220
they like,

01:16:35.660 --> 01:16:37.859
I guess what I'm saying is, though, is like, again, I think

01:16:37.859 --> 01:16:40.819
the housing market, like the housing market market needs to

01:16:40.819 --> 01:16:43.939
crash, like it's unhealthy that it's at a level. But like, if

01:16:43.939 --> 01:16:46.459
that's caused by Bitcoin, people are going to be like, this is

01:16:46.459 --> 01:16:49.660
the worst thing ever. Bitcoin is the worst thing ever. And again,

01:16:49.660 --> 01:16:52.379
it's because because of how many people are going to be adversely

01:16:52.379 --> 01:16:55.140
affected by it, even though it was doomed to fail anyhow. And

01:16:55.140 --> 01:16:57.819
even if Bitcoin didn't exist, it was going to crash. Anyhow, I

01:16:57.819 --> 01:17:00.979
think you're still going to have people and especially you know,

01:17:00.979 --> 01:17:04.379
you have the media and whatever, there's incentive for people to

01:17:04.379 --> 01:17:07.540
tell the media to default Bitcoin and to do all these

01:17:07.540 --> 01:17:09.459
things. Again, it doesn't mean it's actually true.

01:17:09.500 --> 01:17:13.859
But this is why you got to move out of Florida and move to Los

01:17:13.859 --> 01:17:17.620
Angeles where the real estate is far more solid.

01:17:18.819 --> 01:17:19.540
Welcome to you.

01:17:21.020 --> 01:17:24.819
This gives us lots to talk about on future episodes. I love the

01:17:24.819 --> 01:17:27.459
idea of talking about what people will be willing to do

01:17:27.459 --> 01:17:31.020
when there's crazy scarcity in Bitcoin. But we should probably

01:17:31.020 --> 01:17:35.299
wrap it up. So I just want to thank Brandon underscore

01:17:35.299 --> 01:17:39.339
Gentile. Jam Bush writes, Jordan, thanks for coming on

01:17:39.339 --> 01:17:44.220
today. Bond or JD. And yeah, that's it better by Bitcoin.

01:17:44.220 --> 01:17:47.020
Check us out on YouTube because we just created a YouTube

01:17:47.020 --> 01:17:51.700
channel. It's better by BY Bitcoin. And we'll see you on

01:17:51.700 --> 01:17:52.140
the next one.

01:17:53.700 --> 01:17:54.180
Thanks, boys.