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Hi, Neal.

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Welcome to the Honest Money

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Show. Yeah.

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How’s it going?

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Good, good.

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So, Neal, today,

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Neal fisheries joining us.

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He's the author of a book

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called Modern Chains

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The Invisible Shackles

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of Economic Slavery.

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And before we get into

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the book, Neal, I wanted to,

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start with you start

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let let's learn

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more about the man

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I can see

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at the back of your book.

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You're a former army

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officer and an age

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64 pilot,

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which I had to Google

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to see what that is.

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And you have a background

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in art,

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literature and philosophy

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from the United States

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Military Academy

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and a master's in philosophy

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from Holy Apostles

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College and Seminary.

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So let's let's

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start with you.

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I want to know a little bit

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about your background

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and what motivated

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you to write this book.

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Yeah.

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So, I mean,

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this I'm not actually

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that interesting

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and just, do the likes

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philosophy likes to think

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about how we think

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and critical

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thinking and, logic.

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That's something

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that's always been,

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I don't know,

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just kind of, of my interest.

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And it was drawn me to that.

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So, I mean, that's

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why I studied,

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but it really

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wasn't until I, after

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I got out of the Army

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that, I started

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to really have

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to contend

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with economic reality.

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And I quickly

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realized, you know, my,

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my duties

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and responsibilities

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as a husband and a father.

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It it made me

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it made me realize

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just that my level

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of understanding

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about economics and money,

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just

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it wasn't

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sufficient to,

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for me

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to actually

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fulfill my duties.

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So being a philosopher,

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I just was like,

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okay, well,

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I'm going to start attacking

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this philosophically,

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and I need to understand it,

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you know, at, at a deep,

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you know, metaphysical level.

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And, it just, it just took

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off from there

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because, like,

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I mean, I don't know.

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Every day you transact,

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you know,

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you buy things, you,

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you know, you use money

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to, you know,

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get the things that you need

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to actualize your needs

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to fulfill

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your needs in life.

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And,

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you know,

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being able to use that

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tool effectively

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is, was really important.

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And,

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I don't know, it's

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it's just like it

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really becomes this, like,

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all consuming

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kind of endeavor

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where you realize, like,

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the money's connected

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to every part

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of, like, human life,

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in some way, shape or form.

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And, so it's just like,

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it's, it's a bond.

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Philosophically,

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I was just chewing on,

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forever.

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And,

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the stuff

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that I, you know,

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came to realize,

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about what

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economic reality was,

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that we're living through,

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I mean, it hit me hard,

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you know,

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when we get into the

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the basement

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and all that stuff,

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but, like,

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being a leader in the army,

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understanding that,

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you know, you have to,

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you know, direct action,

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to get where you want to go

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and, and

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and bring people

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along with you.

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It just kind of like it.

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This is like

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the fight, you know?

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And so I just

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I wanted to share

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my journey,

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from basically

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going from, you know,

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not very,

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I wasn't up to speed

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with all the economic stuff.

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And then through,

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you know, the hours and hours

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and the hard work of me

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digging through,

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you know, this

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economic surface

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to get at the roots.

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I wanted to

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I wanted to save people

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a little bit of that work,

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and and make it easier

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for them to unearth

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and to to under to grip

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those roots themselves.

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So that, like,

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that's the whole

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purpose of the book is to,

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to try to,

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you know, I, I, like I said,

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I was digging

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with a shovel like,

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this book is

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I hope to kind of

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create this backhoe

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type of a tool

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that any person could just

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hop into

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and start, you know,

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get at those,

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those roots that what

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drives,

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our economic reality.

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So that's kind of the, the,

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the why

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I wrote the book and what,

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what I hoped

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to accomplish with it

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is helpful.

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Yeah, absolutely.

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I was quite surprised

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because I've been trying

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to get my dad to read

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several Bitcoin books.

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And finally,

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the one that he's reading

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is this one.

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So it's it's really lovely

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that, you know,

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there's different,

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things that appeal

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to different people.

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And my dad obviously likes

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the philosophical lens.

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So that's his

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maybe his pathway

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into Bitcoin.

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But throughout your book,

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I was reading,

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as I read that,

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you were in Iraq twice,

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and if especially

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like the second

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part of the book,

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I kind of feel

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that your maybe Army

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experience comes through

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a little bit.

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I can even now

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speaking to you using words

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like duty.

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Do you think that

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also influenced the book

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quite a lot?

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Yeah, I did,

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because,

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I mean,

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so being in the military,

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you have to,

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you know, contend with

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and understand

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your mortality.

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You know what

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does it mean to be alive?

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What does it mean to die?

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And when you

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put your life on the line

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for something,

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you know, I,

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you want it to be

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bigger than yourself,

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you know, like,

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that's kind of the step

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you have to make logically.

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So it's just like, I

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understand sacrifice,

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and I understand

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that pain and suffering,

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and it's worth it

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when you're

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when you're working

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towards the right end.

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And,

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you know,

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I did that.

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I went and, you know,

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I deployed

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twice and,

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it's like,

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what did I risk

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my life for?

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My country, all these values,

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these ideals.

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And like, you come back home

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and then you start

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looking at the

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monetary system

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and you're like,

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I got to provide

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and protect my family.

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And I got to make sure that,

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you know, I'm

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doing my part

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to give them a better world.

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And you realize

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that the,

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the monetary system

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itself, this, you know,

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and as we'll get into later.

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But like this,

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you know,

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it's this, this

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mechanism of control,

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this extractive,

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enslaving system.

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And it's like

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you talk about,

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like a cause

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bigger than yourself.

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Like, what is the fight

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like this?

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This is the fight.

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And it was kind of

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came to this point

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where it was like,

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all right.

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I mean, I was willing to die

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for my country

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and these things, but

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what am I willing

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to sacrifice

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for this fight?

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And it just kind of like

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it was like, not even,

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I don't know,

305
00:07:11,750 --> 00:07:12,416
it just made me feel

306
00:07:12,416 --> 00:07:13,000
so small.

307
00:07:13,000 --> 00:07:14,291
Like, why am I not

308
00:07:14,916 --> 00:07:15,583
at the front?

309
00:07:15,583 --> 00:07:16,791
Why am I not leading

310
00:07:16,791 --> 00:07:17,375
the charge?

311
00:07:17,375 --> 00:07:18,125
Why am I not

312
00:07:18,125 --> 00:07:19,416
trying to give everything

313
00:07:19,416 --> 00:07:20,916
that I have to this cause?

314
00:07:21,375 --> 00:07:22,458
Because this is,

315
00:07:22,458 --> 00:07:23,458
in my opinion,

316
00:07:23,458 --> 00:07:24,875
this is way, way

317
00:07:24,875 --> 00:07:26,083
bigger than than

318
00:07:26,083 --> 00:07:27,083
any of the know

319
00:07:27,083 --> 00:07:28,125
the forever wars

320
00:07:28,125 --> 00:07:29,541
and all that stuff is just.

321
00:07:30,166 --> 00:07:30,666
I mean, it's

322
00:07:30,666 --> 00:07:31,625
a symptom, really.

323
00:07:31,625 --> 00:07:31,833
It's a

324
00:07:31,833 --> 00:07:32,833
symptom of this

325
00:07:32,833 --> 00:07:34,041
monetary system.

326
00:07:34,541 --> 00:07:35,583
So I,

327
00:07:35,583 --> 00:07:36,833
I want to, you know,

328
00:07:38,166 --> 00:07:39,166
in a sense,

329
00:07:39,166 --> 00:07:40,375
like, I,

330
00:07:40,708 --> 00:07:41,250
I need

331
00:07:41,250 --> 00:07:43,083
to do my part

332
00:07:43,291 --> 00:07:44,625
to help destroy Fiat,

333
00:07:45,000 --> 00:07:46,916
because fiat is the thing

334
00:07:46,916 --> 00:07:48,375
that is doing the damage.

335
00:07:48,375 --> 00:07:49,625
It is abusing us all.

336
00:07:50,125 --> 00:07:51,208
And it's the thing

337
00:07:51,208 --> 00:07:52,708
that I do not want

338
00:07:52,708 --> 00:07:53,916
to pass on

339
00:07:54,166 --> 00:07:55,375
to my kids.

340
00:07:55,750 --> 00:07:57,333
Like I don't want my girls

341
00:07:57,333 --> 00:07:58,583
to have to deal with

342
00:07:58,583 --> 00:07:59,791
this problem.

343
00:07:59,791 --> 00:08:00,958
And,

344
00:08:00,958 --> 00:08:01,500
you know, it

345
00:08:01,500 --> 00:08:02,875
kind of as you grow

346
00:08:02,875 --> 00:08:04,416
from like young adolescence

347
00:08:04,791 --> 00:08:05,958
and then you kind of

348
00:08:05,958 --> 00:08:07,333
come into your middle life,

349
00:08:08,000 --> 00:08:09,833
it's like everybody kind of

350
00:08:09,833 --> 00:08:10,708
has that chance

351
00:08:10,708 --> 00:08:11,875
where they're like,

352
00:08:11,875 --> 00:08:12,875
they're they

353
00:08:12,875 --> 00:08:14,083
pass the buck to you.

354
00:08:14,375 --> 00:08:15,500
You know, where it's like,

355
00:08:15,500 --> 00:08:15,916
oh, we'll just

356
00:08:15,916 --> 00:08:16,708
go along with it.

357
00:08:16,708 --> 00:08:17,083
You know,

358
00:08:17,083 --> 00:08:18,166
let's just let's all

359
00:08:18,166 --> 00:08:19,416
just keep pretending

360
00:08:19,416 --> 00:08:20,250
that this is not

361
00:08:20,250 --> 00:08:21,541
this is fine, you know?

362
00:08:21,875 --> 00:08:24,041
And when it comes to me,

363
00:08:24,041 --> 00:08:25,500
like, I just I'm not

364
00:08:25,500 --> 00:08:26,708
I'm not going to pass it on.

365
00:08:26,916 --> 00:08:27,666
I'm not going to say

366
00:08:27,666 --> 00:08:28,625
this is fine.

367
00:08:28,625 --> 00:08:29,291
I'm going to call it

368
00:08:29,291 --> 00:08:30,166
what it is.

369
00:08:30,166 --> 00:08:31,125
I did

370
00:08:31,125 --> 00:08:32,500
the analysis in the book

371
00:08:32,500 --> 00:08:32,875
to make

372
00:08:32,875 --> 00:08:34,041
the philosophical case

373
00:08:34,041 --> 00:08:35,500
for why this is not death.

374
00:08:35,791 --> 00:08:36,958
This is not some,

375
00:08:37,083 --> 00:08:38,750
you know, inefficiency,

376
00:08:38,750 --> 00:08:40,083
economic inefficiency

377
00:08:40,083 --> 00:08:41,833
like this is formal slavery.

378
00:08:42,541 --> 00:08:43,250
It and it

379
00:08:43,250 --> 00:08:44,416
we need to treat it

380
00:08:44,416 --> 00:08:45,625
the exact same,

381
00:08:45,875 --> 00:08:47,041
like in our normal

382
00:08:47,041 --> 00:08:48,041
day to day lives.

383
00:08:49,166 --> 00:08:50,000
You know, your neighbor

384
00:08:50,000 --> 00:08:51,208
had some slaves

385
00:08:52,416 --> 00:08:53,375
that would calls

386
00:08:53,375 --> 00:08:54,333
that would cause

387
00:08:54,333 --> 00:08:55,541
call you to action.

388
00:08:55,541 --> 00:08:55,958
Like that

389
00:08:55,958 --> 00:08:58,333
is something that is,

390
00:08:58,333 --> 00:09:00,666
I mean, everybody recognizes

391
00:09:00,666 --> 00:09:02,625
that as this abhorrent evil.

392
00:09:02,916 --> 00:09:04,500
And you would reject it.

393
00:09:06,541 --> 00:09:07,083
That,

394
00:09:07,083 --> 00:09:08,250
like the money,

395
00:09:08,583 --> 00:09:09,750
like our monetary

396
00:09:09,750 --> 00:09:10,958
system,

397
00:09:11,250 --> 00:09:12,333
it it warrants

398
00:09:12,333 --> 00:09:13,583
that exact same

399
00:09:13,583 --> 00:09:14,958
response, you know, so

400
00:09:14,958 --> 00:09:16,416
it's like a lot of people,

401
00:09:16,500 --> 00:09:17,916
when they hear, oh, slavery.

402
00:09:17,916 --> 00:09:18,666
It's like

403
00:09:18,666 --> 00:09:19,041
they think it's

404
00:09:19,041 --> 00:09:20,250
like hyperbole

405
00:09:20,250 --> 00:09:20,583
or it's

406
00:09:20,583 --> 00:09:22,000
just like some clickbaity.

407
00:09:22,291 --> 00:09:25,416
You know, analogy,

408
00:09:25,541 --> 00:09:27,416
but it's like, no, it's not,

409
00:09:27,416 --> 00:09:28,625
it's not a metaphor.

410
00:09:28,875 --> 00:09:29,916
You know,

411
00:09:29,916 --> 00:09:30,541
when you when,

412
00:09:30,541 --> 00:09:31,666
when you dig down

413
00:09:31,666 --> 00:09:32,208
and you look at

414
00:09:32,208 --> 00:09:33,458
this thing philosophically

415
00:09:33,458 --> 00:09:34,291
and you strip away

416
00:09:34,291 --> 00:09:35,166
all the accidents

417
00:09:35,166 --> 00:09:35,375
and you

418
00:09:35,375 --> 00:09:36,666
look at the essence of it

419
00:09:36,666 --> 00:09:38,041
like, what is its function

420
00:09:38,416 --> 00:09:40,625
like the whole point of

421
00:09:40,833 --> 00:09:41,958
of fiat

422
00:09:41,958 --> 00:09:42,416
being able

423
00:09:42,416 --> 00:09:43,625
to print the money,

424
00:09:43,875 --> 00:09:45,416
you know, from nothing

425
00:09:45,750 --> 00:09:47,708
is to extract the value

426
00:09:47,708 --> 00:09:48,875
out of every dollar,

427
00:09:49,000 --> 00:09:50,416
extract the productive

428
00:09:50,416 --> 00:09:51,750
energy, extract

429
00:09:51,958 --> 00:09:53,041
the work

430
00:09:53,041 --> 00:09:54,500
of another human being,

431
00:09:54,666 --> 00:09:55,625
and then direct it

432
00:09:55,625 --> 00:09:57,625
for your own aims like that.

433
00:09:57,875 --> 00:09:59,041
That is the

434
00:09:59,250 --> 00:10:01,208
that is the essential formal

435
00:10:01,208 --> 00:10:02,708
definition of slavery.

436
00:10:02,875 --> 00:10:03,958
And it's like once

437
00:10:03,958 --> 00:10:06,125
that clicked in my head,

438
00:10:06,750 --> 00:10:08,041
I couldn't unsee it.

439
00:10:08,041 --> 00:10:10,416
I could not unroll that

440
00:10:10,625 --> 00:10:11,416
like I once

441
00:10:11,416 --> 00:10:12,375
I had the category

442
00:10:12,375 --> 00:10:13,000
in my mind,

443
00:10:13,000 --> 00:10:14,458
I could not unroll

444
00:10:14,458 --> 00:10:15,666
that consciousness.

445
00:10:15,875 --> 00:10:17,458
And,

446
00:10:17,458 --> 00:10:18,208
I'm just not I'm

447
00:10:18,208 --> 00:10:18,958
not going to pretend

448
00:10:18,958 --> 00:10:19,958
it's anything different,

449
00:10:19,958 --> 00:10:21,125
you know, like, and that's

450
00:10:21,125 --> 00:10:22,666
what it's for is just to

451
00:10:22,666 --> 00:10:23,916
to make that case like, hey,

452
00:10:24,375 --> 00:10:25,291
you know,

453
00:10:25,291 --> 00:10:26,208
call it what it is,

454
00:10:26,208 --> 00:10:26,875
you know, like,

455
00:10:26,875 --> 00:10:28,041
and you can look at all

456
00:10:28,041 --> 00:10:28,541
these different,

457
00:10:28,541 --> 00:10:29,916
you know, fantasy novels

458
00:10:29,916 --> 00:10:31,166
and stories and stuff.

459
00:10:31,166 --> 00:10:31,500
There's like,

460
00:10:31,500 --> 00:10:32,708
there's power to

461
00:10:32,875 --> 00:10:34,083
naming something,

462
00:10:34,125 --> 00:10:34,416
you know,

463
00:10:34,416 --> 00:10:35,875
you call it by its name.

464
00:10:36,166 --> 00:10:37,583
And, I mean,

465
00:10:37,583 --> 00:10:38,708
I think that's true,

466
00:10:38,708 --> 00:10:39,666
you know, like,

467
00:10:39,666 --> 00:10:40,833
this is slavery.

468
00:10:41,000 --> 00:10:42,208
This is the fight,

469
00:10:42,333 --> 00:10:43,500
this is evil.

470
00:10:44,000 --> 00:10:45,916
And, you know, we

471
00:10:47,166 --> 00:10:47,958
we are the ones

472
00:10:47,958 --> 00:10:49,166
that enable it.

473
00:10:49,166 --> 00:10:50,375
Like, that's the

474
00:10:50,500 --> 00:10:51,708
and I don't know,

475
00:10:51,916 --> 00:10:52,791
like,

476
00:10:52,791 --> 00:10:53,208
when you know,

477
00:10:53,208 --> 00:10:54,416
the problem, like,

478
00:10:54,625 --> 00:10:55,083
I didn't know

479
00:10:55,083 --> 00:10:56,291
anything about bitcoin,

480
00:10:56,625 --> 00:10:57,833
you know,

481
00:10:57,958 --> 00:10:59,208
until I arrived here.

482
00:10:59,208 --> 00:11:00,458
So like, I did all the things

483
00:11:00,541 --> 00:11:02,166
the philosophical analysis,

484
00:11:02,166 --> 00:11:03,416
I was diving into

485
00:11:03,416 --> 00:11:04,416
all the economics

486
00:11:04,416 --> 00:11:05,583
and doing all that stuff.

487
00:11:05,916 --> 00:11:07,250
And I hadn't known

488
00:11:07,250 --> 00:11:08,458
anything about Bitcoin.

489
00:11:08,708 --> 00:11:09,666
So I was like, once

490
00:11:09,666 --> 00:11:10,875
I had that,

491
00:11:11,166 --> 00:11:12,666
once I had this, this

492
00:11:13,000 --> 00:11:14,208
crystal clear,

493
00:11:14,416 --> 00:11:15,541
you know,

494
00:11:15,541 --> 00:11:16,708
understanding,

495
00:11:17,375 --> 00:11:17,916
deeply

496
00:11:17,916 --> 00:11:19,291
philosophical level of what

497
00:11:19,291 --> 00:11:20,625
the problem with the basement

498
00:11:20,625 --> 00:11:21,833
is and why,

499
00:11:22,041 --> 00:11:23,166
that's

500
00:11:23,166 --> 00:11:25,208
when I got to Bitcoin

501
00:11:25,208 --> 00:11:26,583
and I just instantly,

502
00:11:26,916 --> 00:11:27,333
you know,

503
00:11:27,333 --> 00:11:28,625
I recognized it,

504
00:11:28,708 --> 00:11:30,166
like for the solution

505
00:11:30,166 --> 00:11:31,125
that it is,

506
00:11:31,125 --> 00:11:32,916
you know, I didn't,

507
00:11:32,916 --> 00:11:34,958
I didn't calculate,

508
00:11:35,125 --> 00:11:36,208
you know, I'm not making

509
00:11:36,208 --> 00:11:37,791
an economic calculation.

510
00:11:37,791 --> 00:11:39,083
I'm not deriving

511
00:11:39,083 --> 00:11:39,875
some formula.

512
00:11:39,875 --> 00:11:40,208
Just say

513
00:11:40,208 --> 00:11:41,625
Bitcoin is the solution.

514
00:11:41,625 --> 00:11:43,000
It's like it's just a

515
00:11:43,000 --> 00:11:44,583
it's a moral recognition

516
00:11:44,875 --> 00:11:46,083
as a rational,

517
00:11:46,208 --> 00:11:47,875
you know, moral agent

518
00:11:48,083 --> 00:11:49,500
that every human being is

519
00:11:49,500 --> 00:11:50,125
like we

520
00:11:50,125 --> 00:11:51,833
see in those terms

521
00:11:51,833 --> 00:11:52,958
and we recognize it.

522
00:11:52,958 --> 00:11:54,500
So it's like, you know,

523
00:11:54,541 --> 00:11:55,791
you don't have to calculate

524
00:11:55,791 --> 00:11:56,958
when you look at your mother,

525
00:11:56,958 --> 00:11:57,208
you know,

526
00:11:57,208 --> 00:11:58,208
you don't have to calculate

527
00:11:58,208 --> 00:11:59,041
that. That's mom.

528
00:11:59,041 --> 00:12:00,625
You just you recognize it

529
00:12:00,625 --> 00:12:01,833
and it's like,

530
00:12:02,000 --> 00:12:02,583
that's what

531
00:12:02,583 --> 00:12:03,791
I'm trying to

532
00:12:04,041 --> 00:12:05,375
to to ask, you know, like

533
00:12:05,416 --> 00:12:06,625
I want to orange

534
00:12:06,666 --> 00:12:07,625
I want to orange peel

535
00:12:07,625 --> 00:12:08,791
people like a node,

536
00:12:09,000 --> 00:12:09,416
you know,

537
00:12:09,416 --> 00:12:11,166
I want you to just validate

538
00:12:11,166 --> 00:12:12,458
the logic, validate

539
00:12:12,458 --> 00:12:13,791
the problem, validate,

540
00:12:14,083 --> 00:12:14,583
you know,

541
00:12:14,583 --> 00:12:15,958
small amount of work,

542
00:12:16,291 --> 00:12:17,458
but you're still doing it.

543
00:12:17,583 --> 00:12:18,750
But it's just like

544
00:12:18,750 --> 00:12:20,041
you just validate

545
00:12:20,041 --> 00:12:21,208
and you know, but

546
00:12:21,208 --> 00:12:22,416
it's like

547
00:12:22,541 --> 00:12:23,750
I feel that

548
00:12:24,166 --> 00:12:25,291
what we've been doing

549
00:12:25,291 --> 00:12:27,333
in this community a lot is we

550
00:12:27,333 --> 00:12:28,708
we just hit the macro,

551
00:12:28,875 --> 00:12:29,708
we hit people

552
00:12:29,708 --> 00:12:30,875
with the economics.

553
00:12:30,875 --> 00:12:31,916
Oh, invest in this

554
00:12:31,916 --> 00:12:33,666
and in all the rates

555
00:12:33,666 --> 00:12:34,958
and returns and numbers.

556
00:12:34,958 --> 00:12:36,000
And it's just like

557
00:12:36,000 --> 00:12:36,625
we're asking

558
00:12:36,625 --> 00:12:37,833
people to calculate,

559
00:12:38,041 --> 00:12:39,125
you know, so it's like

560
00:12:39,125 --> 00:12:40,208
we're currently orange

561
00:12:40,208 --> 00:12:41,375
peeling like a miner.

562
00:12:41,458 --> 00:12:43,458
It's just brute force.

563
00:12:43,458 --> 00:12:44,166
The this there's

564
00:12:44,166 --> 00:12:45,500
this asymmetry

565
00:12:45,958 --> 00:12:47,166
between

566
00:12:47,208 --> 00:12:48,250
trying to convince

567
00:12:48,250 --> 00:12:49,458
somebody

568
00:12:49,583 --> 00:12:50,833
that Bitcoin is good

569
00:12:51,250 --> 00:12:52,750
through an economic lens,

570
00:12:53,041 --> 00:12:54,000
and trying to

571
00:12:54,000 --> 00:12:55,291
convince somebody

572
00:12:55,291 --> 00:12:56,541
that bitcoin is good

573
00:12:56,541 --> 00:12:57,750
through this moral lens.

574
00:12:58,041 --> 00:12:59,083
And, you know,

575
00:12:59,083 --> 00:13:00,250
think

576
00:13:00,333 --> 00:13:01,000
going back to

577
00:13:01,000 --> 00:13:02,250
this military experience

578
00:13:02,250 --> 00:13:03,541
like I think

579
00:13:04,208 --> 00:13:06,083
strategically tactically like

580
00:13:06,083 --> 00:13:07,041
how do you

581
00:13:07,041 --> 00:13:08,250
how do you want to fight.

582
00:13:08,500 --> 00:13:09,250
How do you,

583
00:13:09,250 --> 00:13:11,125
position yourself,

584
00:13:11,791 --> 00:13:12,583
so that you have

585
00:13:12,583 --> 00:13:14,041
the biggest advantage

586
00:13:14,250 --> 00:13:15,083
and your opponent

587
00:13:15,083 --> 00:13:16,416
has the, the, you know,

588
00:13:16,458 --> 00:13:17,791
the biggest disadvantage,

589
00:13:17,791 --> 00:13:18,125
like you're

590
00:13:18,125 --> 00:13:19,500
trying to maximize

591
00:13:19,500 --> 00:13:20,708
that asymmetry.

592
00:13:21,041 --> 00:13:22,833
And it's like,

593
00:13:23,125 --> 00:13:24,333
that's it.

594
00:13:24,333 --> 00:13:25,166
You know, you,

595
00:13:25,166 --> 00:13:26,541
you hit from the moral

596
00:13:26,541 --> 00:13:27,958
angle,

597
00:13:27,958 --> 00:13:29,250
because it's the least

598
00:13:29,250 --> 00:13:30,375
amount of work

599
00:13:30,375 --> 00:13:31,958
from the highest point

600
00:13:31,958 --> 00:13:33,000
on the battlefield.

601
00:13:33,000 --> 00:13:34,208
And it just like,

602
00:13:34,291 --> 00:13:35,583
you know, it essentially

603
00:13:35,750 --> 00:13:36,541
makes them

604
00:13:36,541 --> 00:13:39,083
it makes any, any opponent,

605
00:13:39,083 --> 00:13:40,375
justify debasement,

606
00:13:40,500 --> 00:13:41,791
justify slavery.

607
00:13:42,083 --> 00:13:43,208
Like, that's an that's

608
00:13:43,208 --> 00:13:44,541
an indefensible position,

609
00:13:45,041 --> 00:13:46,250
you know, so it's just like,

610
00:13:46,500 --> 00:13:47,583
that's that's how

611
00:13:47,583 --> 00:13:48,833
I want to try to

612
00:13:49,208 --> 00:13:50,583
convince people like,

613
00:13:50,583 --> 00:13:51,291
this is how

614
00:13:51,291 --> 00:13:52,500
we should really go about,

615
00:13:53,041 --> 00:13:53,791
you know,

616
00:13:53,791 --> 00:13:55,666
advocacy, Bitcoin advocacy.

617
00:13:55,666 --> 00:13:56,708
I want to

618
00:13:56,708 --> 00:13:58,166
rally the pitchforks

619
00:13:58,375 --> 00:13:59,541
so we can go take down

620
00:13:59,541 --> 00:14:00,750
this fiat beast.

621
00:14:00,916 --> 00:14:02,125
And it's like,

622
00:14:02,250 --> 00:14:03,291
so we have to orange.

623
00:14:03,291 --> 00:14:04,333
But like that's part of

624
00:14:04,333 --> 00:14:05,041
this strategy

625
00:14:05,041 --> 00:14:05,375
is like

626
00:14:05,375 --> 00:14:06,041
we have to get

627
00:14:06,041 --> 00:14:07,250
people on board.

628
00:14:07,541 --> 00:14:09,708
So it's like, yeah, I just

629
00:14:10,041 --> 00:14:11,041
I don't want to do things

630
00:14:11,041 --> 00:14:11,666
the hard way.

631
00:14:11,666 --> 00:14:13,208
And that was like

632
00:14:13,208 --> 00:14:14,416
the hypothesis of this

633
00:14:14,416 --> 00:14:15,666
book was like, hey,

634
00:14:15,666 --> 00:14:16,666
I'm going to leverage

635
00:14:16,666 --> 00:14:17,875
this asymmetry.

636
00:14:18,083 --> 00:14:18,458
You know,

637
00:14:18,458 --> 00:14:18,958
just like

638
00:14:18,958 --> 00:14:20,250
the Bitcoin network does.

639
00:14:20,250 --> 00:14:21,583
I'm going to leverage this

640
00:14:21,583 --> 00:14:22,791
and it's going to

641
00:14:23,083 --> 00:14:24,000
move mountains.

642
00:14:25,333 --> 00:14:25,791
Yeah.

643
00:14:25,791 --> 00:14:27,166
I absolutely loved,

644
00:14:27,166 --> 00:14:27,958
in the beginning

645
00:14:27,958 --> 00:14:28,500
of the book.

646
00:14:28,500 --> 00:14:29,583
You do a great job

647
00:14:29,583 --> 00:14:30,666
of setting the scene.

648
00:14:30,666 --> 00:14:32,041
And throughout your book

649
00:14:32,041 --> 00:14:33,250
are really felt

650
00:14:33,250 --> 00:14:34,625
that you were calling a spade

651
00:14:34,625 --> 00:14:35,125
a spade

652
00:14:35,125 --> 00:14:36,708
and not mincing your words.

653
00:14:36,708 --> 00:14:37,583
You you call it

654
00:14:37,583 --> 00:14:38,291
for what it is,

655
00:14:38,291 --> 00:14:38,916
but you also do

656
00:14:38,916 --> 00:14:39,916
a really good job

657
00:14:39,916 --> 00:14:41,916
of explaining what you mean

658
00:14:41,916 --> 00:14:43,416
so that people who hear

659
00:14:43,416 --> 00:14:44,583
terms like slavery,

660
00:14:44,583 --> 00:14:46,458
which you know, can get

661
00:14:46,458 --> 00:14:47,500
a visceral reaction

662
00:14:47,500 --> 00:14:49,416
in certain people,

663
00:14:49,416 --> 00:14:50,041
you do a

664
00:14:50,041 --> 00:14:52,500
great job of explaining,

665
00:14:52,500 --> 00:14:53,791
what you mean by that.

666
00:14:53,791 --> 00:14:56,250
And, and also you touched

667
00:14:56,250 --> 00:14:57,458
on, like, chattel slavery

668
00:14:57,458 --> 00:14:58,208
and how,

669
00:14:58,208 --> 00:15:00,458
the essence of slavery is

670
00:15:00,458 --> 00:15:02,041
the same no matter what form

671
00:15:02,041 --> 00:15:03,583
or severity takes.

672
00:15:03,583 --> 00:15:06,458
There's like an underlying,

673
00:15:06,458 --> 00:15:06,958
things that

674
00:15:06,958 --> 00:15:08,000
that makes all forms

675
00:15:08,000 --> 00:15:08,958
of slavery,

676
00:15:08,958 --> 00:15:10,166
slavery, essentially.

677
00:15:10,166 --> 00:15:10,458
So do you

678
00:15:10,458 --> 00:15:11,750
maybe want to, like, explain

679
00:15:11,750 --> 00:15:12,333
that a little bit

680
00:15:12,333 --> 00:15:13,916
better than just try to.

681
00:15:13,916 --> 00:15:14,583
Yeah.

682
00:15:14,583 --> 00:15:15,333
Yeah. So I mean,

683
00:15:16,416 --> 00:15:17,833
so philosophically,

684
00:15:17,833 --> 00:15:18,708
like going like this,

685
00:15:18,708 --> 00:15:20,166
I went back to Aristotle

686
00:15:20,166 --> 00:15:20,916
because that's kind of,

687
00:15:20,916 --> 00:15:21,833
you know, what I studied

688
00:15:21,833 --> 00:15:22,541
and what I know

689
00:15:22,541 --> 00:15:23,041
and what I feel

690
00:15:23,041 --> 00:15:24,250
comfortable with and what

691
00:15:24,250 --> 00:15:25,291
a better place to start

692
00:15:25,291 --> 00:15:26,333
than, you know.

693
00:15:26,333 --> 00:15:27,583
You know, he he's

694
00:15:27,583 --> 00:15:29,041
talking about these things

695
00:15:29,333 --> 00:15:30,666
thousands of years ago.

696
00:15:30,750 --> 00:15:31,958
And it's just like,

697
00:15:32,083 --> 00:15:32,916
because he's talking

698
00:15:32,916 --> 00:15:34,208
about human nature

699
00:15:34,208 --> 00:15:35,416
and what is

700
00:15:35,458 --> 00:15:36,708
the nature of reality.

701
00:15:36,708 --> 00:15:37,750
And these things are,

702
00:15:37,750 --> 00:15:38,833
you know, immutable

703
00:15:38,833 --> 00:15:39,833
and kind of in

704
00:15:39,833 --> 00:15:40,708
and of themselves,

705
00:15:40,708 --> 00:15:41,916
like these principles.

706
00:15:42,250 --> 00:15:44,375
So for Aristotle,

707
00:15:45,041 --> 00:15:46,541
when we're going to define

708
00:15:46,541 --> 00:15:47,750
something,

709
00:15:48,208 --> 00:15:49,041
we're, we're

710
00:15:49,041 --> 00:15:50,291
stripping away

711
00:15:50,291 --> 00:15:51,500
all the accidents.

712
00:15:52,416 --> 00:15:53,083
An accident

713
00:15:53,083 --> 00:15:53,583
is something

714
00:15:53,583 --> 00:15:54,750
that could be more or less.

715
00:15:55,416 --> 00:15:56,666
It's not accidental,

716
00:15:56,666 --> 00:15:57,875
as in like a whoopsie,

717
00:15:58,000 --> 00:15:58,958
like a classic

718
00:15:58,958 --> 00:16:00,375
example is like my height,

719
00:16:00,375 --> 00:16:02,083
you know, it's like I'm 511.

720
00:16:02,083 --> 00:16:03,333
I could have grown,

721
00:16:03,791 --> 00:16:04,625
you know, there's no there's

722
00:16:04,625 --> 00:16:05,208
no principle

723
00:16:05,208 --> 00:16:06,541
that could have kept me from

724
00:16:06,541 --> 00:16:08,791
being six feet tall or 510.

725
00:16:09,125 --> 00:16:10,041
How tall

726
00:16:10,041 --> 00:16:11,791
I actually am is an accident

727
00:16:11,791 --> 00:16:12,958
of my being,

728
00:16:13,166 --> 00:16:14,375
you know, or.

729
00:16:14,458 --> 00:16:15,750
But then I have a height,

730
00:16:16,083 --> 00:16:17,291
you know, that is

731
00:16:17,375 --> 00:16:17,833
that is

732
00:16:17,833 --> 00:16:19,541
an immutable principle

733
00:16:19,541 --> 00:16:21,208
that is part of my being so.

734
00:16:22,291 --> 00:16:23,041
Well, when we are

735
00:16:23,041 --> 00:16:24,250
looking at something,

736
00:16:24,250 --> 00:16:24,958
when we're trying to,

737
00:16:24,958 --> 00:16:26,375
you know, define its essence,

738
00:16:26,791 --> 00:16:28,166
we're we're stripping away

739
00:16:28,166 --> 00:16:29,500
anything that could

740
00:16:29,500 --> 00:16:30,541
be different.

741
00:16:30,541 --> 00:16:31,958
And,

742
00:16:31,958 --> 00:16:33,125
when you do that,

743
00:16:33,166 --> 00:16:34,375
with,

744
00:16:35,500 --> 00:16:36,125
we'll just take

745
00:16:36,125 --> 00:16:37,291
chattel slavery, you know,

746
00:16:37,291 --> 00:16:38,416
so it's like when you start

747
00:16:38,416 --> 00:16:39,625
stripping away

748
00:16:39,750 --> 00:16:41,041
all the accidents, you know,

749
00:16:41,041 --> 00:16:41,375
like, oh,

750
00:16:41,375 --> 00:16:42,291
they're in chains or,

751
00:16:42,291 --> 00:16:43,375
oh, they're treated bad

752
00:16:43,375 --> 00:16:44,708
or they're beaten or they're,

753
00:16:44,916 --> 00:16:45,833
you know, they're sold.

754
00:16:45,833 --> 00:16:46,791
They're just property.

755
00:16:46,791 --> 00:16:48,000
Like, these things

756
00:16:48,208 --> 00:16:49,291
can be different.

757
00:16:49,291 --> 00:16:49,708
It's like, well,

758
00:16:49,708 --> 00:16:50,458
what is the thing

759
00:16:50,458 --> 00:16:52,083
that what is the essence of

760
00:16:52,083 --> 00:16:52,958
what is happening?

761
00:16:52,958 --> 00:16:54,125
What's that function?

762
00:16:54,291 --> 00:16:55,333
And the function is

763
00:16:55,333 --> 00:16:56,583
the extraction

764
00:16:56,791 --> 00:16:58,083
of the productive energy

765
00:16:58,083 --> 00:16:59,458
of another for,

766
00:16:59,958 --> 00:17:01,166
you know,

767
00:17:01,375 --> 00:17:02,583
you know, is

768
00:17:02,708 --> 00:17:04,166
it's just like so

769
00:17:04,166 --> 00:17:05,375
okay.

770
00:17:05,375 --> 00:17:07,083
Well, when we look at,

771
00:17:07,625 --> 00:17:08,916
our monetary system,

772
00:17:09,250 --> 00:17:11,458
you know, we have,

773
00:17:11,458 --> 00:17:12,333
this is also helpful

774
00:17:12,333 --> 00:17:13,125
distinguishing here.

775
00:17:13,125 --> 00:17:14,166
So when

776
00:17:14,166 --> 00:17:16,625
we're talking about money,

777
00:17:16,625 --> 00:17:18,125
we often talk about

778
00:17:18,125 --> 00:17:20,583
value and money, and we,

779
00:17:20,583 --> 00:17:21,125
we use them

780
00:17:21,125 --> 00:17:22,291
kind of interchangeably.

781
00:17:22,625 --> 00:17:24,250
And what was really helpful

782
00:17:24,250 --> 00:17:25,458
for me was

783
00:17:25,541 --> 00:17:26,458
this is also going back

784
00:17:26,458 --> 00:17:27,041
to Aristotle,

785
00:17:27,041 --> 00:17:28,916
like differentiating

786
00:17:28,916 --> 00:17:29,833
between the matter

787
00:17:29,833 --> 00:17:31,416
and the form, you know, so

788
00:17:31,416 --> 00:17:32,166
this is kind of his

789
00:17:32,166 --> 00:17:32,916
like idea of high

790
00:17:32,916 --> 00:17:34,083
level morphism,

791
00:17:34,375 --> 00:17:35,041
which is that

792
00:17:35,041 --> 00:17:37,375
all of reality is a composite

793
00:17:37,375 --> 00:17:39,083
of both form and matter.

794
00:17:39,291 --> 00:17:42,083
So what the takeaway of that

795
00:17:42,083 --> 00:17:42,416
is that

796
00:17:42,416 --> 00:17:43,666
if you do not have a high,

797
00:17:43,666 --> 00:17:44,875
low morphic answer

798
00:17:44,958 --> 00:17:46,041
for something,

799
00:17:46,041 --> 00:17:46,416
then you're

800
00:17:46,416 --> 00:17:47,750
not actually addressing it

801
00:17:47,750 --> 00:17:49,458
for how it is in reality,

802
00:17:49,625 --> 00:17:50,708
you're addressing it.

803
00:17:50,708 --> 00:17:51,125
You know,

804
00:17:51,125 --> 00:17:52,333
just some like speculative

805
00:17:52,333 --> 00:17:53,541
fantasy or something

806
00:17:53,541 --> 00:17:54,000
like that, you know,

807
00:17:54,000 --> 00:17:55,000
like it's just in your head.

808
00:17:55,000 --> 00:17:56,458
It's not in reality.

809
00:17:56,625 --> 00:17:58,250
So I need to have

810
00:17:58,250 --> 00:17:59,041
a high, low morphic

811
00:17:59,041 --> 00:18:00,208
answer for everything.

812
00:18:00,375 --> 00:18:01,208
So when

813
00:18:01,208 --> 00:18:02,375
we're talking about money,

814
00:18:02,416 --> 00:18:02,916
we say, okay,

815
00:18:02,916 --> 00:18:04,125
well what's its matter

816
00:18:04,291 --> 00:18:05,458
and what's its form?

817
00:18:05,916 --> 00:18:07,666
Well, the form is like its

818
00:18:07,666 --> 00:18:09,000
immaterial functions.

819
00:18:09,000 --> 00:18:10,208
It's a, you know,

820
00:18:10,208 --> 00:18:11,416
that Aristotle,

821
00:18:11,666 --> 00:18:12,458
thousands of years

822
00:18:12,458 --> 00:18:13,291
ago, was talking

823
00:18:13,291 --> 00:18:14,458
meaning of exchange

824
00:18:14,458 --> 00:18:15,375
Store of value,

825
00:18:15,375 --> 00:18:16,208
unit of account

826
00:18:16,208 --> 00:18:18,000
like those or money

827
00:18:18,000 --> 00:18:19,500
is primary functions

828
00:18:19,708 --> 00:18:21,458
with the medium of exchange

829
00:18:21,458 --> 00:18:22,833
being like its essence.

830
00:18:22,833 --> 00:18:24,333
Like that is the thing

831
00:18:24,333 --> 00:18:25,291
that brings it

832
00:18:25,291 --> 00:18:26,375
into existence.

833
00:18:26,375 --> 00:18:27,083
Like it's

834
00:18:27,083 --> 00:18:28,750
the act of two people

835
00:18:28,958 --> 00:18:30,750
using a object

836
00:18:30,958 --> 00:18:32,250
to transfer value

837
00:18:32,250 --> 00:18:33,208
between themselves.

838
00:18:33,208 --> 00:18:34,958
That creates money, you know?

839
00:18:34,958 --> 00:18:35,791
So it's like money.

840
00:18:35,791 --> 00:18:36,708
Is this weird?

841
00:18:36,708 --> 00:18:37,916
Also kind of

842
00:18:38,166 --> 00:18:39,750
subjective, objective thing,

843
00:18:39,750 --> 00:18:42,291
like it is an object,

844
00:18:42,291 --> 00:18:43,500
that has to have

845
00:18:43,500 --> 00:18:45,750
the potential, the power

846
00:18:45,958 --> 00:18:46,666
to carry out

847
00:18:46,666 --> 00:18:48,125
those monetary functions.

848
00:18:48,291 --> 00:18:49,500
But it takes people

849
00:18:50,000 --> 00:18:51,208
creating it, you know?

850
00:18:51,208 --> 00:18:51,958
So it's like,

851
00:18:51,958 --> 00:18:53,416
if we didn't have any people

852
00:18:53,416 --> 00:18:54,708
on the world, there would

853
00:18:54,708 --> 00:18:56,416
be no money like it.

854
00:18:57,458 --> 00:18:58,708
So it's like that.

855
00:18:59,000 --> 00:18:59,708
And that's something

856
00:18:59,708 --> 00:19:01,375
that kind of confuses people

857
00:19:01,541 --> 00:19:02,708
when they're talking

858
00:19:02,708 --> 00:19:03,875
about money and economics,

859
00:19:03,875 --> 00:19:04,500
because there's a

860
00:19:04,500 --> 00:19:05,541
there's a value

861
00:19:05,541 --> 00:19:07,041
and they'll say dollars

862
00:19:07,041 --> 00:19:07,625
and they're talking

863
00:19:07,625 --> 00:19:08,916
about the object

864
00:19:08,916 --> 00:19:09,458
or they're talking

865
00:19:09,458 --> 00:19:10,208
about the value

866
00:19:10,208 --> 00:19:11,083
that's inside of it.

867
00:19:11,083 --> 00:19:12,375
So it's like,

868
00:19:12,375 --> 00:19:13,875
it was really helpful for me

869
00:19:14,041 --> 00:19:14,750
to just

870
00:19:14,750 --> 00:19:16,166
be able to understand, like,

871
00:19:16,333 --> 00:19:18,833
am I talking about the OP,

872
00:19:18,833 --> 00:19:20,375
the monetary object,

873
00:19:20,375 --> 00:19:21,958
this capsule, this thing

874
00:19:22,208 --> 00:19:24,541
that I can store

875
00:19:24,541 --> 00:19:26,166
energy inside?

876
00:19:26,541 --> 00:19:27,666
Or am I talking about

877
00:19:27,666 --> 00:19:29,166
the creation of that value,

878
00:19:29,166 --> 00:19:30,166
the creation of the

879
00:19:30,166 --> 00:19:31,375
productive work?

880
00:19:31,625 --> 00:19:32,666
You know,

881
00:19:32,666 --> 00:19:33,333
the that

882
00:19:33,333 --> 00:19:34,666
I'm putting into the money?

883
00:19:35,791 --> 00:19:36,958
So it's like

884
00:19:37,208 --> 00:19:38,458
with those two things

885
00:19:38,458 --> 00:19:39,416
kind of together,

886
00:19:39,416 --> 00:19:40,625
it makes it real.

887
00:19:40,666 --> 00:19:41,750
It makes it really easy

888
00:19:41,750 --> 00:19:42,125
to see

889
00:19:42,125 --> 00:19:42,708
what's happening

890
00:19:42,708 --> 00:19:43,708
with the basement.

891
00:19:43,708 --> 00:19:45,500
So I with my

892
00:19:45,500 --> 00:19:46,708
life, with my work,

893
00:19:46,833 --> 00:19:48,291
I am creating value

894
00:19:48,291 --> 00:19:49,500
in the world.

895
00:19:49,541 --> 00:19:50,791
And then I can store

896
00:19:50,791 --> 00:19:52,000
that value

897
00:19:52,083 --> 00:19:53,750
inside that monetary

898
00:19:53,750 --> 00:19:54,958
object.

899
00:19:55,083 --> 00:19:56,250
And it's to preserve

900
00:19:56,250 --> 00:19:56,875
and protect.

901
00:19:56,875 --> 00:19:58,083
And let me transfer it

902
00:19:58,083 --> 00:20:00,666
between, well,

903
00:20:00,666 --> 00:20:01,958
what debasement does

904
00:20:01,958 --> 00:20:03,208
is when they're

905
00:20:03,208 --> 00:20:04,708
creating more monetary

906
00:20:04,708 --> 00:20:06,625
objects, they're empty.

907
00:20:06,708 --> 00:20:08,041
They have no like

908
00:20:08,041 --> 00:20:08,583
that's not

909
00:20:08,583 --> 00:20:09,916
creating more value

910
00:20:09,916 --> 00:20:11,041
in the world,

911
00:20:11,041 --> 00:20:12,958
but they're creating

912
00:20:12,958 --> 00:20:14,208
these monetary objects

913
00:20:14,208 --> 00:20:15,125
that are empty,

914
00:20:15,125 --> 00:20:16,291
but they're treated

915
00:20:16,833 --> 00:20:18,416
equally as to the objects

916
00:20:18,416 --> 00:20:18,958
that are already

917
00:20:18,958 --> 00:20:20,166
in existence.

918
00:20:20,166 --> 00:20:21,458
So what that does

919
00:20:21,666 --> 00:20:23,375
is that equalizes

920
00:20:23,916 --> 00:20:25,416
all of the value

921
00:20:26,166 --> 00:20:26,583
throughout

922
00:20:26,583 --> 00:20:28,291
all those new monetary

923
00:20:28,291 --> 00:20:28,958
objects to.

924
00:20:28,958 --> 00:20:31,291
So it's extracting value

925
00:20:31,625 --> 00:20:33,958
out of the monetary objects

926
00:20:34,166 --> 00:20:35,375
that exist

927
00:20:35,375 --> 00:20:37,166
into the newly created ones.

928
00:20:37,166 --> 00:20:38,500
So like that's, that's the

929
00:20:38,500 --> 00:20:40,125
like the technical mechanism

930
00:20:40,125 --> 00:20:40,666
for why

931
00:20:40,666 --> 00:20:42,916
this is exactly slavery.

932
00:20:43,083 --> 00:20:44,708
It's the extraction,

933
00:20:44,958 --> 00:20:45,125
you know,

934
00:20:45,125 --> 00:20:45,708
like when,

935
00:20:45,708 --> 00:20:47,666
when they debase the money,

936
00:20:47,666 --> 00:20:48,875
they are enslaving

937
00:20:49,166 --> 00:20:50,375
every single

938
00:20:50,375 --> 00:20:52,666
holder of a dollar, you know.

939
00:20:52,666 --> 00:20:53,333
So it's like, well,

940
00:20:53,333 --> 00:20:54,541
how do you

941
00:20:54,833 --> 00:20:55,583
how do you prevent

942
00:20:55,583 --> 00:20:56,333
that from happening?

943
00:20:56,333 --> 00:20:57,541
When you pull the siphon

944
00:20:57,541 --> 00:20:58,125
out from your

945
00:20:58,125 --> 00:20:58,916
monetary object,

946
00:20:58,916 --> 00:21:00,125
you find a new

947
00:21:00,250 --> 00:21:01,416
monetary object

948
00:21:01,416 --> 00:21:02,708
that they can't debase.

949
00:21:04,000 --> 00:21:04,583
And that's,

950
00:21:04,583 --> 00:21:05,916
you know, when

951
00:21:05,916 --> 00:21:06,666
you see, like, oh,

952
00:21:06,666 --> 00:21:07,291
that's the problem.

953
00:21:07,291 --> 00:21:08,500
How do I solve

954
00:21:08,708 --> 00:21:09,541
for debasement?

955
00:21:09,541 --> 00:21:10,791
How do I protect myself

956
00:21:10,791 --> 00:21:11,791
from being debased

957
00:21:11,791 --> 00:21:13,125
from being enslaved

958
00:21:14,166 --> 00:21:15,208
into Bitcoin?

959
00:21:15,208 --> 00:21:17,375
And it's just like, duh.

960
00:21:17,416 --> 00:21:18,958
Like there's like that

961
00:21:18,958 --> 00:21:20,375
is the thing that

962
00:21:20,375 --> 00:21:21,583
and if you can just

963
00:21:22,041 --> 00:21:22,416
that's like

964
00:21:22,416 --> 00:21:23,166
the smallest

965
00:21:23,166 --> 00:21:24,000
little recognition

966
00:21:24,000 --> 00:21:25,041
that like that's

967
00:21:25,041 --> 00:21:26,250
what Bitcoin does.

968
00:21:26,250 --> 00:21:27,458
It prevents

969
00:21:27,500 --> 00:21:28,875
you from being enslaved

970
00:21:29,958 --> 00:21:31,875
or whatever value

971
00:21:31,875 --> 00:21:33,125
I create in the world.

972
00:21:33,333 --> 00:21:34,875
And I put into Bitcoin,

973
00:21:35,333 --> 00:21:36,375
no one can siphon

974
00:21:36,375 --> 00:21:37,416
that out from me.

975
00:21:37,416 --> 00:21:39,958
Like that's mine forever.

976
00:21:39,958 --> 00:21:41,375
That slice of,

977
00:21:41,791 --> 00:21:42,666
you know

978
00:21:42,666 --> 00:21:44,083
the 21 million is

979
00:21:44,083 --> 00:21:45,291
is mine.

980
00:21:45,666 --> 00:21:45,958
Yeah.

981
00:21:45,958 --> 00:21:46,833
No one can take it

982
00:21:46,833 --> 00:21:48,000
unless I give it to them.

983
00:21:48,208 --> 00:21:49,166
Yeah,

984
00:21:49,166 --> 00:21:50,250
like true property

985
00:21:50,250 --> 00:21:51,583
ownership in that sense.

986
00:21:52,333 --> 00:21:54,000
I love the part of your book

987
00:21:54,000 --> 00:21:55,416
where you were talking about,

988
00:21:55,416 --> 00:21:56,791
like,

989
00:21:56,791 --> 00:21:58,000
economics, essentially,

990
00:21:58,000 --> 00:21:58,500
but through

991
00:21:58,500 --> 00:21:59,708
a philosophical lens,

992
00:21:59,708 --> 00:22:01,333
because the various

993
00:22:01,416 --> 00:22:02,041
different books

994
00:22:02,041 --> 00:22:02,791
that I've read from,

995
00:22:02,791 --> 00:22:03,875
like little in olden

996
00:22:03,875 --> 00:22:05,041
and Soviet in a moose,

997
00:22:05,333 --> 00:22:07,375
they talk about,

998
00:22:07,375 --> 00:22:08,666
all of these things, but

999
00:22:08,666 --> 00:22:10,500
from like a different lens.

1000
00:22:10,500 --> 00:22:11,333
And I found it

1001
00:22:11,333 --> 00:22:12,333
very interesting

1002
00:22:12,333 --> 00:22:13,708
to read your take

1003
00:22:13,708 --> 00:22:15,208
on things like,

1004
00:22:15,208 --> 00:22:18,041
quantitative easing or,

1005
00:22:18,041 --> 00:22:19,041
fractional reserve

1006
00:22:19,041 --> 00:22:20,458
banking or all of those.

1007
00:22:20,458 --> 00:22:21,541
And, and one thing

1008
00:22:21,541 --> 00:22:22,125
in particular

1009
00:22:22,125 --> 00:22:23,500
that I remember blew my mind

1010
00:22:23,500 --> 00:22:24,750
was, the section

1011
00:22:24,750 --> 00:22:25,958
where you spoke

1012
00:22:25,958 --> 00:22:27,458
about, debt

1013
00:22:27,458 --> 00:22:29,250
being both a liability

1014
00:22:29,250 --> 00:22:30,291
and an asset,

1015
00:22:30,291 --> 00:22:31,500
and that is just like,

1016
00:22:32,125 --> 00:22:33,125
I mean, I knew over,

1017
00:22:33,125 --> 00:22:34,208
but I never thought about

1018
00:22:34,208 --> 00:22:35,791
until I read the book

1019
00:22:36,041 --> 00:22:37,666
as deeply as I have.

1020
00:22:37,666 --> 00:22:38,791
And it just it's it's

1021
00:22:38,791 --> 00:22:39,750
absolutely crazy.

1022
00:22:39,750 --> 00:22:40,458
Like, it's wild.

1023
00:22:40,458 --> 00:22:41,041
I feel that

1024
00:22:41,041 --> 00:22:42,250
this whole century

1025
00:22:42,500 --> 00:22:44,250
is a century of gaslighting,

1026
00:22:44,708 --> 00:22:45,208
almost.

1027
00:22:46,291 --> 00:22:47,416
Yeah.

1028
00:22:47,416 --> 00:22:48,625
Like nothing seems.

1029
00:22:48,750 --> 00:22:50,291
Yeah, it's it's really hard

1030
00:22:50,291 --> 00:22:51,416
to separate truth

1031
00:22:51,416 --> 00:22:52,583
from reality.

1032
00:22:52,583 --> 00:22:54,208
Sorry. Sorry.

1033
00:22:54,333 --> 00:22:55,875
Fiction from reality.

1034
00:22:57,375 --> 00:22:59,041
So, yeah,

1035
00:22:59,125 --> 00:23:00,541
you on that chapter

1036
00:23:00,541 --> 00:23:01,625
where you speak

1037
00:23:01,625 --> 00:23:03,000
of the different types

1038
00:23:03,000 --> 00:23:05,041
of the different methods

1039
00:23:05,041 --> 00:23:06,208
and the different ways that,

1040
00:23:06,875 --> 00:23:08,458
the current monetary system

1041
00:23:08,458 --> 00:23:10,250
extracts energy from people.

1042
00:23:10,916 --> 00:23:12,458
Do you want to explain that

1043
00:23:12,458 --> 00:23:13,625
a little bit?

1044
00:23:14,250 --> 00:23:15,125
Yeah.

1045
00:23:15,125 --> 00:23:16,625
So just to the point of,

1046
00:23:16,625 --> 00:23:17,166
like, the,

1047
00:23:17,166 --> 00:23:18,541
the liability and asset,

1048
00:23:18,541 --> 00:23:20,375
like this idea of

1049
00:23:20,375 --> 00:23:21,625
a credit debt

1050
00:23:21,625 --> 00:23:23,166
based money,

1051
00:23:23,416 --> 00:23:23,708
you know,

1052
00:23:23,708 --> 00:23:24,208
it's like all

1053
00:23:24,208 --> 00:23:24,750
the money is

1054
00:23:24,750 --> 00:23:26,125
lent into existence.

1055
00:23:26,125 --> 00:23:27,833
It's, you know, again, it's,

1056
00:23:28,666 --> 00:23:29,208
it's it's

1057
00:23:29,208 --> 00:23:30,666
created from nothing,

1058
00:23:30,666 --> 00:23:31,083
you know, from

1059
00:23:31,083 --> 00:23:32,458
this debt obligation.

1060
00:23:32,708 --> 00:23:34,375
It's put into the world.

1061
00:23:35,041 --> 00:23:36,125
And, you know,

1062
00:23:36,125 --> 00:23:38,458
when we think of like a loan

1063
00:23:38,458 --> 00:23:39,125
or we think of,

1064
00:23:39,125 --> 00:23:40,500
of, of liabilities

1065
00:23:40,500 --> 00:23:41,708
and assets,

1066
00:23:41,708 --> 00:23:42,333
for me,

1067
00:23:42,333 --> 00:23:43,750
I often I would just kind of

1068
00:23:43,750 --> 00:23:46,000
like relate it to like some

1069
00:23:47,458 --> 00:23:48,541
I have,

1070
00:23:48,541 --> 00:23:49,833
you know, $20

1071
00:23:49,833 --> 00:23:50,291
and I'm giving it

1072
00:23:50,291 --> 00:23:51,500
to my neighbor or

1073
00:23:51,958 --> 00:23:52,500
something like that.

1074
00:23:52,500 --> 00:23:53,375
Like I think of it

1075
00:23:53,375 --> 00:23:55,000
in, in like my terms

1076
00:23:55,000 --> 00:23:56,208
at my level,

1077
00:23:56,750 --> 00:23:57,083
but like,

1078
00:23:57,083 --> 00:23:58,291
that's not

1079
00:23:59,166 --> 00:23:59,750
that's not

1080
00:23:59,750 --> 00:24:00,958
what's happening

1081
00:24:00,958 --> 00:24:02,541
at the origin of the dollar.

1082
00:24:03,125 --> 00:24:04,166
When they're creating

1083
00:24:04,166 --> 00:24:04,666
these things,

1084
00:24:04,666 --> 00:24:05,875
it's not like that.

1085
00:24:05,916 --> 00:24:06,958
It's it's really important.

1086
00:24:06,958 --> 00:24:07,791
Just when you

1087
00:24:07,791 --> 00:24:09,000
go back to like, hey,

1088
00:24:09,083 --> 00:24:09,875
we're looking let's

1089
00:24:09,875 --> 00:24:11,166
follow the value,

1090
00:24:11,916 --> 00:24:12,333
follow

1091
00:24:12,333 --> 00:24:13,541
the created value.

1092
00:24:14,250 --> 00:24:14,708
Because a debt

1093
00:24:14,708 --> 00:24:16,208
and a liability is more of

1094
00:24:16,208 --> 00:24:18,458
a, it's a directional marker

1095
00:24:18,458 --> 00:24:19,916
of saying where

1096
00:24:20,041 --> 00:24:21,166
where is value

1097
00:24:21,166 --> 00:24:22,375
supposed to flow

1098
00:24:22,500 --> 00:24:23,791
like who owes

1099
00:24:23,833 --> 00:24:25,125
what value?

1100
00:24:26,166 --> 00:24:26,916
When you think of it

1101
00:24:26,916 --> 00:24:28,208
as like this directional,

1102
00:24:28,541 --> 00:24:31,083
the value

1103
00:24:31,708 --> 00:24:33,000
if I, if I'm giving something

1104
00:24:33,041 --> 00:24:34,250
to you,

1105
00:24:34,541 --> 00:24:35,291
you have it.

1106
00:24:35,291 --> 00:24:36,583
But you owe the value

1107
00:24:36,583 --> 00:24:38,083
back to me, you know,

1108
00:24:38,083 --> 00:24:39,583
like I gave you the value

1109
00:24:40,291 --> 00:24:41,458
and you owe it back.

1110
00:24:41,500 --> 00:24:42,666
But it's like

1111
00:24:42,666 --> 00:24:43,166
when there's

1112
00:24:43,166 --> 00:24:44,666
actually no value

1113
00:24:44,708 --> 00:24:46,125
at the point of creation.

1114
00:24:46,625 --> 00:24:47,291
I've.

1115
00:24:47,291 --> 00:24:48,750
I've created no value.

1116
00:24:48,750 --> 00:24:49,708
And I'm giving you

1117
00:24:49,708 --> 00:24:51,000
a monetary object.

1118
00:24:51,333 --> 00:24:51,833
Like there's

1119
00:24:51,833 --> 00:24:52,833
no value in that.

1120
00:24:52,833 --> 00:24:53,875
So it's like there's

1121
00:24:53,875 --> 00:24:55,083
no actual,

1122
00:24:55,125 --> 00:24:56,791
there's no actual

1123
00:24:56,791 --> 00:24:57,458
like, direction.

1124
00:24:57,458 --> 00:24:59,125
Like it doesn't

1125
00:24:59,125 --> 00:24:59,791
even make sense.

1126
00:24:59,791 --> 00:25:01,416
Like, it's a, like

1127
00:25:01,416 --> 00:25:02,125
if you,

1128
00:25:02,125 --> 00:25:03,041
you know, in the book,

1129
00:25:03,041 --> 00:25:04,250
I try to explain, I was like,

1130
00:25:05,041 --> 00:25:05,583
it's a it's

1131
00:25:05,583 --> 00:25:06,541
a contradiction,

1132
00:25:06,541 --> 00:25:08,041
you know, it's it defies

1133
00:25:08,250 --> 00:25:08,916
the principle

1134
00:25:08,916 --> 00:25:09,916
of non contradiction

1135
00:25:09,916 --> 00:25:11,375
that like, this thing

1136
00:25:11,375 --> 00:25:12,666
can be, you know,

1137
00:25:14,166 --> 00:25:15,291
both the

1138
00:25:15,291 --> 00:25:16,541
liability and an

1139
00:25:16,541 --> 00:25:18,000
asset in terms of value

1140
00:25:18,000 --> 00:25:18,500
because there's no

1141
00:25:18,500 --> 00:25:19,833
value on both sides.

1142
00:25:20,250 --> 00:25:21,458
So you can't actually

1143
00:25:21,458 --> 00:25:22,666
differentiate

1144
00:25:23,458 --> 00:25:24,416
values owed

1145
00:25:24,416 --> 00:25:25,833
to one versus the other.

1146
00:25:25,833 --> 00:25:27,583
Like the flow of value is

1147
00:25:27,916 --> 00:25:29,125
is there is none.

1148
00:25:29,125 --> 00:25:30,333
So it's just like but that's

1149
00:25:30,333 --> 00:25:32,041
the whole foundational

1150
00:25:32,041 --> 00:25:33,458
premise of, of debt

1151
00:25:33,458 --> 00:25:34,666
based money.

1152
00:25:35,791 --> 00:25:36,958
Because it's, it's

1153
00:25:36,958 --> 00:25:38,041
I guess, you know,

1154
00:25:38,041 --> 00:25:39,208
when I'm, when I'm

1155
00:25:39,208 --> 00:25:40,458
thinking of that example

1156
00:25:40,458 --> 00:25:41,708
for myself personally,

1157
00:25:41,916 --> 00:25:43,208
I've already assumed

1158
00:25:43,208 --> 00:25:44,250
it's been created

1159
00:25:44,250 --> 00:25:45,875
and there's value inside.

1160
00:25:46,208 --> 00:25:48,458
But at the point of origin,

1161
00:25:48,750 --> 00:25:50,291
at the point of creation,

1162
00:25:50,458 --> 00:25:51,875
there is no value.

1163
00:25:52,000 --> 00:25:54,125
So you can't have it.

1164
00:25:54,125 --> 00:25:54,916
You can't have it.

1165
00:25:54,916 --> 00:25:56,708
You know, either way.

1166
00:25:56,708 --> 00:25:58,458
But I mean, that's a

1167
00:26:00,333 --> 00:26:01,416
I only in the book,

1168
00:26:01,416 --> 00:26:02,166
I only

1169
00:26:02,166 --> 00:26:03,500
touch on to

1170
00:26:03,500 --> 00:26:04,750
the economic stuff

1171
00:26:04,750 --> 00:26:05,583
and so far

1172
00:26:05,583 --> 00:26:07,041
to prove the moral point

1173
00:26:07,041 --> 00:26:08,416
like that, this is,

1174
00:26:08,666 --> 00:26:10,166
this is not,

1175
00:26:10,166 --> 00:26:11,375
this is, you know,

1176
00:26:11,416 --> 00:26:12,708
to just even pass off

1177
00:26:12,708 --> 00:26:14,250
debt based money as real

1178
00:26:14,375 --> 00:26:15,666
is a type of fraud.

1179
00:26:15,666 --> 00:26:16,958
You know, it's a I'm

1180
00:26:16,958 --> 00:26:17,791
trying to convince

1181
00:26:17,791 --> 00:26:19,541
you of a lie to buy

1182
00:26:19,541 --> 00:26:20,416
into something

1183
00:26:20,416 --> 00:26:21,333
that's not real.

1184
00:26:21,333 --> 00:26:22,750
Why does it have value?

1185
00:26:22,958 --> 00:26:23,208
Well,

1186
00:26:23,208 --> 00:26:24,791
because I said it has value.

1187
00:26:25,125 --> 00:26:25,625
You know,

1188
00:26:25,625 --> 00:26:26,708
the government said

1189
00:26:26,708 --> 00:26:27,708
this is valuable,

1190
00:26:27,708 --> 00:26:28,916
so you better value it.

1191
00:26:29,500 --> 00:26:30,083
And it's like.

1192
00:26:30,083 --> 00:26:30,666
But you didn't

1193
00:26:30,666 --> 00:26:31,833
create anything

1194
00:26:31,916 --> 00:26:33,125
that you didn't create

1195
00:26:33,750 --> 00:26:35,375
any value in the world.

1196
00:26:35,625 --> 00:26:35,916
You know,

1197
00:26:35,916 --> 00:26:37,125
when the when the fed,

1198
00:26:37,291 --> 00:26:39,416
you know, clicked $6 trillion

1199
00:26:39,416 --> 00:26:40,208
and injected it

1200
00:26:40,208 --> 00:26:41,833
into the economy for Covid,

1201
00:26:42,166 --> 00:26:42,875
you know,

1202
00:26:42,875 --> 00:26:44,291
before they hit enter

1203
00:26:44,291 --> 00:26:45,750
and after they hit enter

1204
00:26:46,000 --> 00:26:47,666
the world was the exact same,

1205
00:26:47,666 --> 00:26:48,333
you know, like

1206
00:26:48,333 --> 00:26:49,250
as far as terms of

1207
00:26:49,250 --> 00:26:50,458
how much value,

1208
00:26:50,708 --> 00:26:53,041
is in the world,

1209
00:26:53,041 --> 00:26:54,333
we just have a whole bunch

1210
00:26:54,333 --> 00:26:55,458
of more empty

1211
00:26:55,458 --> 00:26:56,666
monetary objects

1212
00:26:57,125 --> 00:26:57,916
that, you know,

1213
00:26:57,916 --> 00:26:58,500
people are going

1214
00:26:58,500 --> 00:26:59,708
to shuffle around

1215
00:26:59,791 --> 00:27:01,166
and pretend as if,

1216
00:27:01,500 --> 00:27:02,750
you know, it's fine

1217
00:27:02,750 --> 00:27:03,958
and it's normal.

1218
00:27:04,000 --> 00:27:04,708
You know,

1219
00:27:04,708 --> 00:27:06,041
I don't know, it's,

1220
00:27:06,791 --> 00:27:08,000
it's kind of silly.

1221
00:27:27,958 --> 00:27:28,541
Yeah, it's

1222
00:27:28,541 --> 00:27:29,791
interesting because

1223
00:27:29,791 --> 00:27:31,333
one of the key,

1224
00:27:31,333 --> 00:27:33,083
criticism of Bitcoin

1225
00:27:33,083 --> 00:27:35,500
is that it it's,

1226
00:27:35,500 --> 00:27:37,375
it produces no real value

1227
00:27:37,375 --> 00:27:38,125
and that it doesn't

1228
00:27:38,125 --> 00:27:39,416
have any intrinsic

1229
00:27:39,416 --> 00:27:39,791
value

1230
00:27:39,791 --> 00:27:40,625
and all of those things.

1231
00:27:40,625 --> 00:27:41,333
But then when you look

1232
00:27:41,333 --> 00:27:42,541
at fiat,

1233
00:27:42,708 --> 00:27:45,250
by comparison,

1234
00:27:45,250 --> 00:27:46,500
that's the real one

1235
00:27:46,500 --> 00:27:47,916
that has no value.

1236
00:27:49,750 --> 00:27:50,958
Well, but I'm interested.

1237
00:27:51,041 --> 00:27:51,750
You talk about

1238
00:27:51,750 --> 00:27:52,916
intrinsic value,

1239
00:27:53,083 --> 00:27:54,041
you know, in a section

1240
00:27:54,041 --> 00:27:55,000
specifically in there.

1241
00:27:55,000 --> 00:27:56,000
That is another thing

1242
00:27:56,000 --> 00:27:57,208
I just constantly

1243
00:27:57,208 --> 00:27:58,458
heard people get wrong.

1244
00:27:58,791 --> 00:27:59,625
Like just

1245
00:27:59,625 --> 00:28:00,583
because if you don't underst,

1246
00:28:00,583 --> 00:28:01,541
if you're not separating

1247
00:28:01,541 --> 00:28:02,541
the monetary object

1248
00:28:02,541 --> 00:28:03,166
from the value,

1249
00:28:03,166 --> 00:28:04,416
the creation of value,

1250
00:28:04,875 --> 00:28:05,458
you really don't

1251
00:28:05,458 --> 00:28:06,083
even understand

1252
00:28:06,083 --> 00:28:07,000
what intrinsic value

1253
00:28:07,000 --> 00:28:07,875
even means.

1254
00:28:07,875 --> 00:28:09,375
So when we say

1255
00:28:09,375 --> 00:28:10,416
what is the intrinsic

1256
00:28:10,416 --> 00:28:12,875
value of money, of any money,

1257
00:28:12,875 --> 00:28:14,416
it's like we're looking

1258
00:28:14,416 --> 00:28:15,958
at the monetary object

1259
00:28:16,583 --> 00:28:18,250
and it's material potency.

1260
00:28:18,250 --> 00:28:19,625
It's material power

1261
00:28:19,833 --> 00:28:21,208
to fulfill

1262
00:28:21,208 --> 00:28:22,708
those monetary functions.

1263
00:28:22,916 --> 00:28:24,125
So it's like

1264
00:28:24,208 --> 00:28:25,708
it's not an accident

1265
00:28:25,916 --> 00:28:27,125
that gold

1266
00:28:27,541 --> 00:28:28,958
became the top

1267
00:28:28,958 --> 00:28:30,166
performing money.

1268
00:28:30,791 --> 00:28:31,500
It's the most

1269
00:28:31,500 --> 00:28:32,250
it was the most

1270
00:28:32,250 --> 00:28:33,458
powerful money

1271
00:28:33,625 --> 00:28:34,833
the world had

1272
00:28:35,666 --> 00:28:36,250
because

1273
00:28:36,250 --> 00:28:37,916
of its material attributes.

1274
00:28:37,916 --> 00:28:38,833
So all the

1275
00:28:38,833 --> 00:28:40,041
all the measurables,

1276
00:28:40,125 --> 00:28:41,333
the things that can be more

1277
00:28:41,333 --> 00:28:41,791
or less.

1278
00:28:41,791 --> 00:28:43,000
And this gets into

1279
00:28:43,000 --> 00:28:44,541
all the scarcity,

1280
00:28:44,541 --> 00:28:45,875
durable transfer

1281
00:28:45,875 --> 00:28:48,250
of like that, that list of,

1282
00:28:48,250 --> 00:28:49,125
of attributes,

1283
00:28:49,125 --> 00:28:50,166
of characteristics

1284
00:28:50,166 --> 00:28:51,958
that the material possesses.

1285
00:28:52,375 --> 00:28:53,750
You know, those

1286
00:28:53,916 --> 00:28:55,166
those are the things

1287
00:28:55,458 --> 00:28:57,041
that the power

1288
00:28:57,041 --> 00:28:58,958
it's function as money.

1289
00:28:59,208 --> 00:29:01,541
So gold was the most

1290
00:29:01,541 --> 00:29:02,750
powerful money.

1291
00:29:02,750 --> 00:29:03,208
Well, it's like

1292
00:29:04,291 --> 00:29:05,458
bitcoin.

1293
00:29:05,583 --> 00:29:06,416
So it is it

1294
00:29:06,416 --> 00:29:07,708
does have intrinsic value.

1295
00:29:07,708 --> 00:29:09,541
You know, like

1296
00:29:09,541 --> 00:29:10,041
the idea

1297
00:29:10,041 --> 00:29:11,125
that there is no intrinsic

1298
00:29:11,125 --> 00:29:12,666
value is kind of silly

1299
00:29:12,666 --> 00:29:15,000
because value is tied.

1300
00:29:15,000 --> 00:29:16,500
It's basically,

1301
00:29:16,500 --> 00:29:17,958
for any domain in your life,

1302
00:29:18,000 --> 00:29:19,666
value is the measure

1303
00:29:19,666 --> 00:29:21,291
of motion towards

1304
00:29:21,291 --> 00:29:22,500
an end.

1305
00:29:22,541 --> 00:29:23,708
So it's towards

1306
00:29:23,708 --> 00:29:24,916
a purpose.

1307
00:29:25,791 --> 00:29:26,291
Whatever

1308
00:29:26,291 --> 00:29:28,208
actualize is a function,

1309
00:29:28,208 --> 00:29:30,000
actualize is a purpose,

1310
00:29:30,000 --> 00:29:31,208
achieves an end.

1311
00:29:31,375 --> 00:29:33,125
That is what value measures.

1312
00:29:33,541 --> 00:29:35,250
So what does that mean?

1313
00:29:35,250 --> 00:29:36,625
It means it takes a person,

1314
00:29:36,625 --> 00:29:37,791
a rational agent,

1315
00:29:38,250 --> 00:29:39,583
to identify

1316
00:29:39,708 --> 00:29:41,541
a function, identify

1317
00:29:41,541 --> 00:29:42,750
a purpose.

1318
00:29:43,750 --> 00:29:44,541
What is the value

1319
00:29:44,541 --> 00:29:46,041
like if a rock rolls down

1320
00:29:46,291 --> 00:29:46,916
the hill?

1321
00:29:46,916 --> 00:29:48,833
Like is that valuable.

1322
00:29:48,833 --> 00:29:49,208
Like, well,

1323
00:29:49,208 --> 00:29:50,458
that it just happened.

1324
00:29:50,583 --> 00:29:51,791
You know it's not done

1325
00:29:52,000 --> 00:29:53,416
for a certain thing.

1326
00:29:53,625 --> 00:29:54,875
But if a person

1327
00:29:55,041 --> 00:29:56,458
lines up that rock

1328
00:29:56,458 --> 00:29:58,041
and like trying to,

1329
00:29:58,041 --> 00:29:59,333
I don't know, smash a house

1330
00:29:59,333 --> 00:30:00,541
or something, you know, like

1331
00:30:00,875 --> 00:30:01,791
when they let that go,

1332
00:30:01,791 --> 00:30:02,541
the same thing

1333
00:30:02,541 --> 00:30:04,333
can have value to that end.

1334
00:30:04,583 --> 00:30:05,958
So without the end,

1335
00:30:06,083 --> 00:30:07,333
without the function,

1336
00:30:08,333 --> 00:30:09,833
you don't have

1337
00:30:10,166 --> 00:30:11,333
the ability like

1338
00:30:11,375 --> 00:30:12,750
you can't have value.

1339
00:30:13,000 --> 00:30:14,708
So you have this person

1340
00:30:14,875 --> 00:30:16,583
identifying the end.

1341
00:30:16,583 --> 00:30:18,041
And with money you say,

1342
00:30:18,041 --> 00:30:19,250
I want those.

1343
00:30:19,375 --> 00:30:20,666
I want to be able to store

1344
00:30:21,083 --> 00:30:21,791
my value

1345
00:30:21,791 --> 00:30:22,958
that I create in the world.

1346
00:30:22,958 --> 00:30:24,416
I want to be able to exchange

1347
00:30:24,416 --> 00:30:25,500
it, and I want it to,

1348
00:30:25,500 --> 00:30:26,083
you know, be able

1349
00:30:26,083 --> 00:30:27,416
to price things

1350
00:30:27,416 --> 00:30:28,291
like how much

1351
00:30:28,291 --> 00:30:29,041
something is worth.

1352
00:30:29,041 --> 00:30:30,416
So, you know,

1353
00:30:30,833 --> 00:30:31,708
money is have

1354
00:30:31,708 --> 00:30:32,875
intrinsic value,

1355
00:30:33,250 --> 00:30:35,625
based on the extent

1356
00:30:35,625 --> 00:30:37,083
of how powerful

1357
00:30:37,083 --> 00:30:38,250
they are to fulfill

1358
00:30:38,250 --> 00:30:39,458
those monetary ends.

1359
00:30:39,708 --> 00:30:42,333
So, Bitcoin,

1360
00:30:42,583 --> 00:30:45,041
which is maximally potent,

1361
00:30:45,041 --> 00:30:46,750
it has maximal potency.

1362
00:30:46,916 --> 00:30:47,833
Basically

1363
00:30:47,833 --> 00:30:49,291
every single aspect

1364
00:30:49,291 --> 00:30:49,791
that you can,

1365
00:30:49,791 --> 00:30:51,000
all it's measurables,

1366
00:30:51,291 --> 00:30:52,500
you know, so it's like

1367
00:30:52,500 --> 00:30:53,333
that's why

1368
00:30:53,333 --> 00:30:55,791
Bitcoin is objectively

1369
00:30:56,041 --> 00:30:57,416
a more powerful money

1370
00:30:57,416 --> 00:30:58,166
than gold.

1371
00:30:58,166 --> 00:30:59,666
It's a more powerful money

1372
00:30:59,666 --> 00:31:01,500
than she's seashells,

1373
00:31:01,708 --> 00:31:02,875
you know, like

1374
00:31:02,875 --> 00:31:04,166
it's more powerful money

1375
00:31:04,166 --> 00:31:05,666
than the monopoly money in,

1376
00:31:05,666 --> 00:31:06,625
you know, the

1377
00:31:06,625 --> 00:31:07,291
board games like,

1378
00:31:08,666 --> 00:31:09,083
it's the

1379
00:31:09,083 --> 00:31:10,625
material characteristics

1380
00:31:10,625 --> 00:31:12,666
and attributes that,

1381
00:31:13,375 --> 00:31:14,541
that it possesses

1382
00:31:14,541 --> 00:31:15,750
objectively

1383
00:31:15,916 --> 00:31:17,125
make it better money,

1384
00:31:17,333 --> 00:31:18,750
I don't know, come on.

1385
00:31:18,750 --> 00:31:19,333
Like hitting

1386
00:31:19,333 --> 00:31:19,791
all these different

1387
00:31:19,791 --> 00:31:20,250
little things.

1388
00:31:20,250 --> 00:31:21,625
So I don't know if people.

1389
00:31:21,708 --> 00:31:22,541
Yeah.

1390
00:31:22,541 --> 00:31:23,541
That was,

1391
00:31:23,541 --> 00:31:24,458
that was one of the

1392
00:31:24,458 --> 00:31:25,916
critical things for me

1393
00:31:25,916 --> 00:31:26,791
when I was learning

1394
00:31:26,791 --> 00:31:27,666
about Bitcoin

1395
00:31:27,666 --> 00:31:28,791
and learning about money,

1396
00:31:28,791 --> 00:31:30,000
just understanding

1397
00:31:30,000 --> 00:31:31,541
the functions of money

1398
00:31:31,541 --> 00:31:33,125
and the, the,

1399
00:31:34,166 --> 00:31:35,541
the attributes of money

1400
00:31:35,541 --> 00:31:37,208
and how Bitcoin

1401
00:31:37,208 --> 00:31:38,125
is essentially better

1402
00:31:38,125 --> 00:31:39,583
than both fiat and gold.

1403
00:31:39,583 --> 00:31:40,458
And once you sort of

1404
00:31:40,458 --> 00:31:41,791
say that and understand that

1405
00:31:41,791 --> 00:31:43,041
and come to the conclusion,

1406
00:31:43,041 --> 00:31:44,291
you can't really think

1407
00:31:44,291 --> 00:31:45,500
anything else

1408
00:31:45,666 --> 00:31:46,958
like there's otherwise,

1409
00:31:46,958 --> 00:31:47,458
yeah, you'd be

1410
00:31:47,458 --> 00:31:48,458
denying reality.

1411
00:31:48,458 --> 00:31:50,875
But I also want to know,

1412
00:31:50,875 --> 00:31:51,958
in your community

1413
00:31:51,958 --> 00:31:53,708
because you spoke about,

1414
00:31:53,791 --> 00:31:56,541
how you came to Bitcoin.

1415
00:31:56,541 --> 00:31:58,166
But in your community,

1416
00:31:58,166 --> 00:31:59,833
are there many Bitcoiners

1417
00:31:59,833 --> 00:32:01,375
have you had

1418
00:32:01,375 --> 00:32:02,916
like luck, orange

1419
00:32:03,291 --> 00:32:04,083
pulling people

1420
00:32:04,083 --> 00:32:05,250
because

1421
00:32:05,250 --> 00:32:06,625
I also wonder as well.

1422
00:32:06,625 --> 00:32:08,375
My perception

1423
00:32:08,375 --> 00:32:09,291
is that

1424
00:32:09,291 --> 00:32:10,500
the easiest way

1425
00:32:10,500 --> 00:32:11,333
to orange build

1426
00:32:11,333 --> 00:32:13,000
someone is to,

1427
00:32:13,416 --> 00:32:15,250
appeal to the,

1428
00:32:15,791 --> 00:32:17,500
self-interest.

1429
00:32:17,833 --> 00:32:20,000
And once they sort of,

1430
00:32:20,208 --> 00:32:21,250
you know, see the gains

1431
00:32:21,250 --> 00:32:21,708
that they can

1432
00:32:21,708 --> 00:32:23,125
potentially get in Bitcoin,

1433
00:32:23,125 --> 00:32:23,791
they might

1434
00:32:23,791 --> 00:32:24,958
then be a little bit

1435
00:32:24,958 --> 00:32:26,458
more interested

1436
00:32:26,458 --> 00:32:27,291
on some of the,

1437
00:32:27,291 --> 00:32:28,583
I guess, the revolutionary,

1438
00:32:28,583 --> 00:32:29,958
the moral, the philosophical

1439
00:32:29,958 --> 00:32:31,500
aspects of, of Bitcoin.

1440
00:32:33,666 --> 00:32:34,166
How do you

1441
00:32:34,166 --> 00:32:35,791
find that to be.

1442
00:32:35,791 --> 00:32:36,208
Yeah.

1443
00:32:36,208 --> 00:32:37,541
Like your approach to

1444
00:32:37,583 --> 00:32:38,541
do you think. Yeah.

1445
00:32:38,541 --> 00:32:39,916
The other way works better.

1446
00:32:39,958 --> 00:32:41,375
I, I'm just really curious

1447
00:32:41,375 --> 00:32:42,041
to know

1448
00:32:42,041 --> 00:32:42,541
that that's,

1449
00:32:42,541 --> 00:32:43,750
that's essentially the,

1450
00:32:43,958 --> 00:32:45,625
the approach of the book

1451
00:32:45,625 --> 00:32:46,833
is to show,

1452
00:32:47,291 --> 00:32:49,291
hey, you are already

1453
00:32:49,291 --> 00:32:50,125
being abused,

1454
00:32:50,125 --> 00:32:51,750
you are enslaved,

1455
00:32:51,750 --> 00:32:53,416
you have chains around you,

1456
00:32:53,708 --> 00:32:54,625
even though you

1457
00:32:54,625 --> 00:32:56,000
may not see it or feel it.

1458
00:32:56,000 --> 00:32:56,458
You might be

1459
00:32:56,458 --> 00:32:57,625
doing really well.

1460
00:32:57,625 --> 00:32:58,166
You might be

1461
00:32:58,166 --> 00:32:59,500
some CEO of some,

1462
00:32:59,500 --> 00:33:00,708
you know, big, you know,

1463
00:33:01,041 --> 00:33:02,250
big company,

1464
00:33:02,333 --> 00:33:03,375
and you think you're doing

1465
00:33:03,375 --> 00:33:04,583
so awesome.

1466
00:33:04,791 --> 00:33:05,333
But it's like,

1467
00:33:05,333 --> 00:33:06,208
yeah, you might

1468
00:33:06,208 --> 00:33:07,166
you might be winning

1469
00:33:07,166 --> 00:33:07,666
this game.

1470
00:33:07,666 --> 00:33:08,291
You might be better

1471
00:33:08,291 --> 00:33:10,375
than, than everybody else,

1472
00:33:10,500 --> 00:33:11,375
but you even

1473
00:33:11,375 --> 00:33:13,416
you are still enslaved,

1474
00:33:13,583 --> 00:33:14,625
like you are still

1475
00:33:14,625 --> 00:33:15,833
being debased.

1476
00:33:16,083 --> 00:33:17,958
You know, like this idea

1477
00:33:17,958 --> 00:33:18,916
that, you know,

1478
00:33:18,916 --> 00:33:19,833
I mean, we we did it.

1479
00:33:19,833 --> 00:33:21,041
We effectively,

1480
00:33:21,291 --> 00:33:22,291
with debasement

1481
00:33:22,291 --> 00:33:24,416
just destroyed savings.

1482
00:33:24,750 --> 00:33:25,833
Like, you can't just

1483
00:33:25,833 --> 00:33:27,041
save money.

1484
00:33:27,375 --> 00:33:28,750
In the book,

1485
00:33:28,791 --> 00:33:30,541
I had an example

1486
00:33:30,541 --> 00:33:31,416
where it's like, you know,

1487
00:33:31,416 --> 00:33:33,750
if you are rummaging through,

1488
00:33:33,958 --> 00:33:34,875
you know, your,

1489
00:33:34,875 --> 00:33:36,041
your grandmother's house

1490
00:33:36,041 --> 00:33:36,458
or something

1491
00:33:36,458 --> 00:33:37,625
and you find some

1492
00:33:37,625 --> 00:33:38,541
your great, great great

1493
00:33:38,541 --> 00:33:40,083
grandfather's treasure map.

1494
00:33:40,083 --> 00:33:41,291
And he was like some,

1495
00:33:41,416 --> 00:33:42,625
you know, huge, rich,

1496
00:33:42,708 --> 00:33:44,333
wealthy, well-off person.

1497
00:33:44,666 --> 00:33:45,541
And like,

1498
00:33:45,541 --> 00:33:47,125
you go and you find it

1499
00:33:47,125 --> 00:33:47,750
and you dig up

1500
00:33:47,750 --> 00:33:48,708
the treasure chest

1501
00:33:48,708 --> 00:33:49,708
and you open it up

1502
00:33:49,708 --> 00:33:51,541
and it's full of cash, like,

1503
00:33:51,916 --> 00:33:52,666
that's the most

1504
00:33:52,666 --> 00:33:53,875
depressing thing ever,

1505
00:33:53,875 --> 00:33:56,416
you know, like $10,000,

1506
00:33:56,416 --> 00:33:56,791
you know,

1507
00:33:56,791 --> 00:33:57,958
would have been worth,

1508
00:33:57,958 --> 00:33:58,791
you know,

1509
00:33:58,791 --> 00:33:59,125
you know,

1510
00:33:59,125 --> 00:34:00,208
I don't know, millions

1511
00:34:00,208 --> 00:34:00,666
and millions

1512
00:34:00,666 --> 00:34:01,708
and millions of dollars

1513
00:34:01,708 --> 00:34:02,833
in today's terms.

1514
00:34:02,833 --> 00:34:04,041
But he put it in cash.

1515
00:34:04,041 --> 00:34:05,541
So now, you know, you can,

1516
00:34:05,541 --> 00:34:06,875
you know, maybe get,

1517
00:34:07,708 --> 00:34:08,666
a down payment on

1518
00:34:08,666 --> 00:34:09,833
a, used car.

1519
00:34:10,041 --> 00:34:10,500
You know, it's

1520
00:34:10,500 --> 00:34:11,000
just like,

1521
00:34:11,000 --> 00:34:12,833
it's just kind of a no.

1522
00:34:12,833 --> 00:34:14,541
You would want something

1523
00:34:14,541 --> 00:34:15,750
precious, something

1524
00:34:15,750 --> 00:34:17,250
you would want a highly,

1525
00:34:17,250 --> 00:34:18,375
highly

1526
00:34:18,375 --> 00:34:19,916
powerful monetary object

1527
00:34:19,916 --> 00:34:21,083
in that chest.

1528
00:34:21,208 --> 00:34:22,416
You know,

1529
00:34:22,541 --> 00:34:23,750
if if you

1530
00:34:24,333 --> 00:34:25,500
if we fast forward, you know,

1531
00:34:25,500 --> 00:34:26,958
200 years or whatever,

1532
00:34:27,208 --> 00:34:28,416
and, you know, my great,

1533
00:34:28,416 --> 00:34:29,833
great, great or I guess,

1534
00:34:31,125 --> 00:34:32,333
my, my,

1535
00:34:33,083 --> 00:34:34,291
some kid and I'm the

1536
00:34:34,291 --> 00:34:34,625
great, great

1537
00:34:34,625 --> 00:34:35,541
great grandfather.

1538
00:34:35,541 --> 00:34:37,000
And I buried a Bitcoin

1539
00:34:37,000 --> 00:34:37,708
in there for them,

1540
00:34:37,708 --> 00:34:37,875
you know,

1541
00:34:37,875 --> 00:34:39,416
like that's what they like.

1542
00:34:39,416 --> 00:34:40,791
That's the, the dynamic

1543
00:34:40,791 --> 00:34:42,000
that you would want

1544
00:34:42,041 --> 00:34:42,625
if, you know,

1545
00:34:42,625 --> 00:34:42,916
in that

1546
00:34:42,916 --> 00:34:44,166
discovery of the treasure

1547
00:34:44,166 --> 00:34:45,000
because I was like that's

1548
00:34:45,000 --> 00:34:46,291
something that's immutable,

1549
00:34:46,291 --> 00:34:47,416
something that is perfect,

1550
00:34:47,416 --> 00:34:49,041
that will store and preserve

1551
00:34:49,583 --> 00:34:50,791
that value

1552
00:34:50,958 --> 00:34:52,166
forever.

1553
00:34:52,166 --> 00:34:53,125
And, I mean,

1554
00:34:53,125 --> 00:34:54,458
I think that's really hard

1555
00:34:54,458 --> 00:34:54,708
for us

1556
00:34:54,708 --> 00:34:55,916
to wrap our brains around

1557
00:34:55,916 --> 00:34:57,000
because, I mean,

1558
00:34:57,000 --> 00:34:58,083
my entire life,

1559
00:34:58,083 --> 00:34:59,708
all I've ever known is fiat.

1560
00:34:59,708 --> 00:35:00,833
All I've ever known

1561
00:35:00,833 --> 00:35:01,583
is debasement,

1562
00:35:01,583 --> 00:35:02,875
that the cache just

1563
00:35:02,875 --> 00:35:04,041
loses value.

1564
00:35:04,333 --> 00:35:05,375
Why does it do it?

1565
00:35:05,375 --> 00:35:06,875
Because they make more of it.

1566
00:35:07,041 --> 00:35:07,958
You know, it's just.

1567
00:35:07,958 --> 00:35:09,083
Yeah, absolutely.

1568
00:35:09,083 --> 00:35:09,916
And it's a system

1569
00:35:09,916 --> 00:35:11,333
were all born into.

1570
00:35:11,333 --> 00:35:14,000
And now we have a tool

1571
00:35:14,000 --> 00:35:15,166
where we can really start

1572
00:35:15,166 --> 00:35:16,458
to question the system

1573
00:35:16,458 --> 00:35:18,541
and opt out of it

1574
00:35:18,833 --> 00:35:20,500
if we want to.

1575
00:35:20,916 --> 00:35:21,916
And I think see,

1576
00:35:21,916 --> 00:35:22,625
I can't see

1577
00:35:22,625 --> 00:35:24,000
why why someone wouldn't.

1578
00:35:25,583 --> 00:35:26,708
But yeah, like

1579
00:35:26,708 --> 00:35:28,125
in your experience, do you,

1580
00:35:28,166 --> 00:35:29,125
do you find that

1581
00:35:29,125 --> 00:35:30,833
if you take this approach

1582
00:35:30,833 --> 00:35:31,708
by you trying to

1583
00:35:31,708 --> 00:35:33,000
just really go for the,

1584
00:35:33,250 --> 00:35:34,708
the big picture thinking,

1585
00:35:34,708 --> 00:35:34,958
and you're

1586
00:35:34,958 --> 00:35:36,583
trying to appeal to someone

1587
00:35:36,583 --> 00:35:38,416
by helping them understand

1588
00:35:38,416 --> 00:35:39,333
that the current system

1589
00:35:39,333 --> 00:35:40,375
is really not serving them

1590
00:35:40,375 --> 00:35:41,708
the best is that it's been

1591
00:35:41,708 --> 00:35:43,041
very like successful for,

1592
00:35:43,041 --> 00:35:43,708
you know, orange

1593
00:35:43,708 --> 00:35:44,916
pulling people.

1594
00:35:44,916 --> 00:35:46,583
I mean, I would say

1595
00:35:46,583 --> 00:35:48,083
most people that I sit down

1596
00:35:48,083 --> 00:35:49,708
and talk with, you know,

1597
00:35:50,166 --> 00:35:51,416
they they actually get it,

1598
00:35:51,416 --> 00:35:52,083
they'll see it

1599
00:35:52,083 --> 00:35:52,916
and they'll be like,

1600
00:35:52,916 --> 00:35:54,041
oh, because like, I'm

1601
00:35:54,041 --> 00:35:55,000
not I'm not

1602
00:35:55,000 --> 00:35:56,208
creating anything.

1603
00:35:56,500 --> 00:35:57,666
I'm just asking them

1604
00:35:57,666 --> 00:35:59,458
to open their eyes and look

1605
00:35:59,833 --> 00:36:01,041
and use their own rational

1606
00:36:01,041 --> 00:36:02,750
faculties and,

1607
00:36:03,416 --> 00:36:04,291
and validate

1608
00:36:04,291 --> 00:36:05,541
reality themselves.

1609
00:36:05,875 --> 00:36:07,500
Like, this is true.

1610
00:36:07,625 --> 00:36:09,416
Like what is happening to us.

1611
00:36:09,416 --> 00:36:10,958
What this system is, is

1612
00:36:10,958 --> 00:36:12,291
just objectively true.

1613
00:36:12,791 --> 00:36:13,583
Like, and

1614
00:36:13,583 --> 00:36:14,333
I think if you said

1615
00:36:14,333 --> 00:36:15,000
that in the book, you know,

1616
00:36:15,000 --> 00:36:16,458
like I'm not providing you

1617
00:36:16,791 --> 00:36:17,875
any opinion,

1618
00:36:17,875 --> 00:36:19,166
I'm not providing you,

1619
00:36:19,166 --> 00:36:20,958
a subjective hot take,

1620
00:36:21,208 --> 00:36:21,416
you know,

1621
00:36:21,416 --> 00:36:21,833
like I'm

1622
00:36:21,833 --> 00:36:23,083
just literally laying out

1623
00:36:23,083 --> 00:36:24,208
what is.

1624
00:36:24,208 --> 00:36:25,625
And I'm asking you

1625
00:36:25,708 --> 00:36:26,958
not to trust me,

1626
00:36:26,958 --> 00:36:28,500
but just validate yourself.

1627
00:36:28,875 --> 00:36:30,083
Tell me where I'm wrong,

1628
00:36:30,208 --> 00:36:31,375
look at the logic

1629
00:36:31,708 --> 00:36:32,541
and and say,

1630
00:36:32,541 --> 00:36:33,000
oh, you made a

1631
00:36:33,000 --> 00:36:34,166
mistake here, but

1632
00:36:34,375 --> 00:36:35,375
I didn't make a mistake.

1633
00:36:35,375 --> 00:36:36,083
This is true.

1634
00:36:36,083 --> 00:36:37,208
This is what is happening.

1635
00:36:38,541 --> 00:36:39,833
So I,

1636
00:36:39,916 --> 00:36:41,541
I start, you know,

1637
00:36:41,541 --> 00:36:42,208
with the people

1638
00:36:42,208 --> 00:36:43,125
that I love, like,

1639
00:36:43,125 --> 00:36:43,916
I care about, like,

1640
00:36:43,916 --> 00:36:45,125
I don't want to see them,

1641
00:36:45,375 --> 00:36:46,375
be abused.

1642
00:36:46,375 --> 00:36:47,208
I don't want to see them

1643
00:36:47,208 --> 00:36:47,833
be debased.

1644
00:36:47,833 --> 00:36:49,291
I want what's best for them.

1645
00:36:49,750 --> 00:36:51,000
So, you know,

1646
00:36:51,625 --> 00:36:52,375
trying to talk

1647
00:36:52,375 --> 00:36:52,958
to these people,

1648
00:36:52,958 --> 00:36:53,541
and it's like,

1649
00:36:53,541 --> 00:36:54,083
you know,

1650
00:36:54,083 --> 00:36:55,291
I've been successful,

1651
00:36:56,041 --> 00:36:56,750
this the

1652
00:36:56,750 --> 00:36:58,416
the outcome is,

1653
00:36:58,416 --> 00:36:59,625
is kind of an accident.

1654
00:36:59,916 --> 00:37:00,833
It's it's really

1655
00:37:00,833 --> 00:37:01,291
all I can

1656
00:37:01,291 --> 00:37:02,458
control is the message

1657
00:37:02,458 --> 00:37:02,958
and how I'm

1658
00:37:02,958 --> 00:37:04,166
talking to people.

1659
00:37:04,166 --> 00:37:04,791
But whether or not

1660
00:37:04,791 --> 00:37:05,333
they get it,

1661
00:37:05,333 --> 00:37:06,958
like I can't orange peel

1662
00:37:06,958 --> 00:37:08,791
somebody for themselves.

1663
00:37:09,041 --> 00:37:10,625
Like they have to do

1664
00:37:10,625 --> 00:37:11,791
the work themselves

1665
00:37:11,791 --> 00:37:12,791
to understand

1666
00:37:12,791 --> 00:37:13,916
what's happening.

1667
00:37:13,916 --> 00:37:14,583
They have to

1668
00:37:14,583 --> 00:37:15,791
do the proof of work.

1669
00:37:15,916 --> 00:37:16,916
But again, like, that's why

1670
00:37:16,916 --> 00:37:17,125
I said

1671
00:37:17,125 --> 00:37:18,125
the whole point of this book

1672
00:37:18,125 --> 00:37:19,500
is to try to maybe

1673
00:37:19,500 --> 00:37:20,791
lower the threshold

1674
00:37:20,875 --> 00:37:21,666
for how much work

1675
00:37:21,666 --> 00:37:22,333
they have to do.

1676
00:37:22,333 --> 00:37:23,750
I'm, I'm trying to

1677
00:37:24,375 --> 00:37:25,458
to guide I'm

1678
00:37:25,458 --> 00:37:26,666
trying to kind of

1679
00:37:27,458 --> 00:37:28,791
coax and encourage.

1680
00:37:29,041 --> 00:37:29,458
They're like,

1681
00:37:29,458 --> 00:37:30,750
hey, let's take this journey

1682
00:37:30,958 --> 00:37:31,125
like,

1683
00:37:31,125 --> 00:37:32,041
let's let's

1684
00:37:32,041 --> 00:37:33,083
think about these things.

1685
00:37:33,083 --> 00:37:34,291
You can do this too.

1686
00:37:34,708 --> 00:37:36,625
And some people are just not

1687
00:37:36,625 --> 00:37:37,333
they don't care.

1688
00:37:37,333 --> 00:37:38,541
Like some people are

1689
00:37:38,916 --> 00:37:40,125
completely like

1690
00:37:40,500 --> 00:37:41,708
it would break

1691
00:37:41,708 --> 00:37:43,166
their brain to

1692
00:37:44,250 --> 00:37:44,791
to have

1693
00:37:44,791 --> 00:37:46,000
lived their entire life

1694
00:37:46,041 --> 00:37:47,166
thinking a certain way,

1695
00:37:47,166 --> 00:37:48,375
a certain thing,

1696
00:37:48,500 --> 00:37:49,958
and they just aren't capable

1697
00:37:50,166 --> 00:37:52,041
or willing to,

1698
00:37:52,916 --> 00:37:53,791
to consider

1699
00:37:53,791 --> 00:37:54,958
that maybe it was wrong.

1700
00:37:55,041 --> 00:37:55,500
Like,

1701
00:37:55,500 --> 00:37:56,416
and I understand

1702
00:37:56,416 --> 00:37:57,208
how hard that is,

1703
00:37:57,208 --> 00:37:58,375
because even in my own

1704
00:37:58,625 --> 00:37:59,833
like coming to terms

1705
00:37:59,833 --> 00:38:01,625
like it's, it's difficult

1706
00:38:02,208 --> 00:38:02,958
because it's like

1707
00:38:02,958 --> 00:38:03,458
it's something

1708
00:38:03,458 --> 00:38:04,666
that I don't want to look at.

1709
00:38:05,458 --> 00:38:06,083
I don't want to

1710
00:38:06,083 --> 00:38:07,000
look at the reality.

1711
00:38:07,000 --> 00:38:08,208
I don't want to say,

1712
00:38:08,208 --> 00:38:09,750
wow, I'm actually getting

1713
00:38:09,958 --> 00:38:11,041
like siphoned out.

1714
00:38:11,041 --> 00:38:11,708
I'm being

1715
00:38:11,708 --> 00:38:12,833
they're extracting,

1716
00:38:12,833 --> 00:38:14,791
I'm working my my ass off

1717
00:38:15,208 --> 00:38:16,166
and they're just

1718
00:38:16,166 --> 00:38:17,375
taking it from me.

1719
00:38:17,541 --> 00:38:17,875
You know,

1720
00:38:17,875 --> 00:38:19,250
it makes me feel small.

1721
00:38:19,333 --> 00:38:20,541
It makes me feel,

1722
00:38:20,791 --> 00:38:22,000
you know, just

1723
00:38:22,333 --> 00:38:23,416
I mean, it's not good.

1724
00:38:23,416 --> 00:38:24,625
It's not pleasant,

1725
00:38:24,666 --> 00:38:25,875
you know, but it's like,

1726
00:38:26,250 --> 00:38:27,333
that's kind of the

1727
00:38:27,333 --> 00:38:28,166
the motivating

1728
00:38:28,166 --> 00:38:29,125
and encouraging thing,

1729
00:38:29,125 --> 00:38:29,541
though, is

1730
00:38:29,541 --> 00:38:30,750
because I allow that

1731
00:38:30,750 --> 00:38:31,958
to happen,

1732
00:38:32,000 --> 00:38:32,541
you know,

1733
00:38:32,541 --> 00:38:33,750
it means I can

1734
00:38:33,791 --> 00:38:34,791
I also have the power

1735
00:38:34,791 --> 00:38:35,750
to stop it.

1736
00:38:35,750 --> 00:38:36,708
And,

1737
00:38:36,708 --> 00:38:37,625
I think that's that's

1738
00:38:37,625 --> 00:38:38,833
really cool.

1739
00:38:39,208 --> 00:38:40,416
So I'm just

1740
00:38:40,458 --> 00:38:41,791
I'm trying to advocate,

1741
00:38:41,791 --> 00:38:43,000
you know,

1742
00:38:43,000 --> 00:38:43,791
to the people

1743
00:38:43,791 --> 00:38:45,083
that are near and dear

1744
00:38:45,083 --> 00:38:46,500
to me, and,

1745
00:38:46,500 --> 00:38:47,708
you know,

1746
00:38:47,791 --> 00:38:48,750
with writing

1747
00:38:48,750 --> 00:38:50,041
this book was my,

1748
00:38:50,041 --> 00:38:51,250
you know, I didn't want to

1749
00:38:51,250 --> 00:38:52,583
just show up

1750
00:38:52,583 --> 00:38:53,791
to the fight with nothing,

1751
00:38:53,791 --> 00:38:54,291
you know, like,

1752
00:38:54,291 --> 00:38:55,875
I wrote this book to arm

1753
00:38:55,875 --> 00:38:57,083
myself,

1754
00:38:57,125 --> 00:38:58,166
to try to help arm

1755
00:38:58,166 --> 00:38:58,708
other people

1756
00:38:58,708 --> 00:39:00,000
with the moral language,

1757
00:39:00,250 --> 00:39:01,458
to talk about Bitcoin

1758
00:39:01,458 --> 00:39:02,375
in a different way.

1759
00:39:03,875 --> 00:39:04,791
And, you know, so now I'm,

1760
00:39:04,791 --> 00:39:05,708
I'm getting involved,

1761
00:39:05,708 --> 00:39:06,041
you know,

1762
00:39:06,041 --> 00:39:07,625
with, in the local community

1763
00:39:07,666 --> 00:39:08,791
the go

1764
00:39:08,791 --> 00:39:10,166
to some bitcoin meetups.

1765
00:39:10,166 --> 00:39:11,375
You know we'll be talking

1766
00:39:11,458 --> 00:39:11,875
you know

1767
00:39:11,875 --> 00:39:12,666
at the end of the month

1768
00:39:12,666 --> 00:39:13,875
at our local

1769
00:39:14,333 --> 00:39:15,375
we'll do a presentation

1770
00:39:15,375 --> 00:39:16,583
and like

1771
00:39:17,083 --> 00:39:18,083
my, my idea is

1772
00:39:18,083 --> 00:39:19,291
kind of just

1773
00:39:19,625 --> 00:39:20,333
most people

1774
00:39:20,333 --> 00:39:21,625
that have gotten bitcoin

1775
00:39:22,333 --> 00:39:23,000
have gotten it

1776
00:39:23,000 --> 00:39:24,500
through the macro

1777
00:39:24,500 --> 00:39:26,291
economic arguments.

1778
00:39:27,083 --> 00:39:29,041
And I think that the like

1779
00:39:29,333 --> 00:39:30,416
the number of people

1780
00:39:30,416 --> 00:39:31,250
that are left

1781
00:39:31,250 --> 00:39:32,541
that could be persuaded

1782
00:39:32,541 --> 00:39:34,666
that way are basically

1783
00:39:34,791 --> 00:39:35,958
like put a different way.

1784
00:39:35,958 --> 00:39:36,500
Everybody

1785
00:39:36,500 --> 00:39:38,250
that could get bitcoin

1786
00:39:38,250 --> 00:39:39,125
through the economics

1787
00:39:39,125 --> 00:39:40,333
probably already has,

1788
00:39:40,791 --> 00:39:42,000
you know, so it's like,

1789
00:39:42,083 --> 00:39:43,291
how do we service

1790
00:39:43,583 --> 00:39:44,375
all the rest

1791
00:39:44,375 --> 00:39:45,666
of the people, you know,

1792
00:39:46,041 --> 00:39:47,291
like bitcoins

1793
00:39:47,291 --> 00:39:48,500
for anybody?

1794
00:39:48,541 --> 00:39:49,708
Maybe not for everyone

1795
00:39:50,000 --> 00:39:50,916
because you have to want it.

1796
00:39:50,916 --> 00:39:52,375
But you know,

1797
00:39:52,958 --> 00:39:54,083
all those other people

1798
00:39:54,083 --> 00:39:55,000
that just don't

1799
00:39:55,000 --> 00:39:56,208
get the economics, like

1800
00:39:56,541 --> 00:39:57,291
when they start

1801
00:39:57,291 --> 00:39:58,166
the because

1802
00:39:58,166 --> 00:39:59,291
and it makes sense why

1803
00:39:59,291 --> 00:40:00,458
somebody would have that

1804
00:40:00,458 --> 00:40:02,000
like deer in the headlight

1805
00:40:02,000 --> 00:40:03,416
kind of prey reaction.

1806
00:40:03,416 --> 00:40:04,916
Like here you are

1807
00:40:05,583 --> 00:40:07,416
talking to me about something

1808
00:40:07,416 --> 00:40:09,208
I know very little about.

1809
00:40:10,000 --> 00:40:10,500
I'm going to

1810
00:40:10,500 --> 00:40:11,666
just not move,

1811
00:40:11,750 --> 00:40:12,083
you know,

1812
00:40:12,083 --> 00:40:13,375
like I'm going to not move.

1813
00:40:13,375 --> 00:40:14,583
Pretend I don't know,

1814
00:40:14,708 --> 00:40:16,291
not take any action.

1815
00:40:16,666 --> 00:40:19,000
Because it's confusing.

1816
00:40:19,000 --> 00:40:19,750
I don't like

1817
00:40:19,750 --> 00:40:20,875
I think maybe you're

1818
00:40:20,875 --> 00:40:22,291
just trying to,

1819
00:40:22,291 --> 00:40:23,416
you know, scam me.

1820
00:40:23,416 --> 00:40:24,416
Maybe you're trying to

1821
00:40:24,416 --> 00:40:26,250
get me down, you know, a road

1822
00:40:26,250 --> 00:40:27,583
where you can take advantage

1823
00:40:27,583 --> 00:40:27,833
of me.

1824
00:40:27,833 --> 00:40:29,625
Like I understand people's,

1825
00:40:29,666 --> 00:40:30,875
adversity

1826
00:40:31,083 --> 00:40:32,291
or they're not

1827
00:40:32,375 --> 00:40:33,583
their hesitation

1828
00:40:33,750 --> 00:40:35,041
to someone

1829
00:40:35,041 --> 00:40:36,541
trying to sell them

1830
00:40:36,666 --> 00:40:37,875
on Bitcoin.

1831
00:40:37,916 --> 00:40:39,125
You know, it's like,

1832
00:40:39,458 --> 00:40:40,166
I'm not asking.

1833
00:40:40,166 --> 00:40:41,333
I'm not asking anybody.

1834
00:40:41,333 --> 00:40:42,625
I'm not selling anything.

1835
00:40:42,625 --> 00:40:43,958
I'm not asking

1836
00:40:43,958 --> 00:40:45,208
anybody to trust me.

1837
00:40:45,458 --> 00:40:46,541
I'm just

1838
00:40:46,541 --> 00:40:47,625
trying to

1839
00:40:47,625 --> 00:40:48,291
walk them

1840
00:40:48,291 --> 00:40:49,375
through the same steps

1841
00:40:49,375 --> 00:40:50,541
so that they'll see

1842
00:40:50,541 --> 00:40:52,041
and understand themselves.

1843
00:40:52,041 --> 00:40:53,291
So I don't know.

1844
00:40:53,291 --> 00:40:54,250
We'll see where this goes.

1845
00:40:54,250 --> 00:40:55,458
I think

1846
00:40:55,458 --> 00:40:57,166
it's again,

1847
00:40:57,166 --> 00:40:58,458
like I,

1848
00:40:59,291 --> 00:40:59,791
I couldn't

1849
00:40:59,791 --> 00:41:00,291
write another

1850
00:41:00,291 --> 00:41:01,500
Bitcoin standard

1851
00:41:01,625 --> 00:41:02,250
because it's already

1852
00:41:02,250 --> 00:41:02,791
been written.

1853
00:41:02,791 --> 00:41:04,291
And if I wrote the Bitcoin

1854
00:41:04,291 --> 00:41:05,291
standard two,

1855
00:41:05,291 --> 00:41:05,833
it would just be

1856
00:41:05,833 --> 00:41:06,833
a really crappy book.

1857
00:41:06,833 --> 00:41:07,625
You know, like the world

1858
00:41:07,625 --> 00:41:08,875
doesn't need that book.

1859
00:41:09,125 --> 00:41:10,583
But, you know,

1860
00:41:11,125 --> 00:41:11,833
no one's made

1861
00:41:11,833 --> 00:41:12,666
just the strict

1862
00:41:12,666 --> 00:41:13,791
moral case yet.

1863
00:41:13,791 --> 00:41:15,791
Like why this is at,

1864
00:41:15,833 --> 00:41:17,041
you know, at that level.

1865
00:41:17,708 --> 00:41:19,000
So it's just like, it's

1866
00:41:19,000 --> 00:41:19,708
what I could offer

1867
00:41:19,708 --> 00:41:21,250
to the fight, you know, it's

1868
00:41:21,291 --> 00:41:21,791
what I do.

1869
00:41:21,791 --> 00:41:23,416
I I'm the philosopher.

1870
00:41:23,750 --> 00:41:24,833
I'm the moral philosopher.

1871
00:41:24,833 --> 00:41:25,375
So it's like,

1872
00:41:25,375 --> 00:41:26,041
I'm just going to do

1873
00:41:26,041 --> 00:41:27,250
moral philosophy

1874
00:41:27,833 --> 00:41:29,458
for Bitcoin and,

1875
00:41:29,458 --> 00:41:31,041
and see if,

1876
00:41:31,041 --> 00:41:32,458
if it's something that, that

1877
00:41:32,458 --> 00:41:33,833
people want or use.

1878
00:41:34,083 --> 00:41:35,666
Yeah.

1879
00:41:36,083 --> 00:41:36,833
And the book

1880
00:41:36,833 --> 00:41:38,125
is so recent as well.

1881
00:41:38,125 --> 00:41:38,958
Like I just realized

1882
00:41:38,958 --> 00:41:39,333
like, it's

1883
00:41:39,333 --> 00:41:40,708
pretty much hot off the press

1884
00:41:40,708 --> 00:41:41,666
because in the book

1885
00:41:41,666 --> 00:41:43,541
you mentioned,

1886
00:41:43,541 --> 00:41:45,375
the big beautiful

1887
00:41:45,375 --> 00:41:47,041
bill had already been passed.

1888
00:41:47,041 --> 00:41:47,791
So that's how

1889
00:41:47,791 --> 00:41:48,916
annuities, right?

1890
00:41:48,916 --> 00:41:50,041
Like it's,

1891
00:41:51,083 --> 00:41:52,541
and that

1892
00:41:52,583 --> 00:41:53,041
was one of the

1893
00:41:53,041 --> 00:41:53,833
last little ads,

1894
00:41:53,833 --> 00:41:55,041
like I have to add it.

1895
00:41:57,166 --> 00:41:58,916
It's it's too perfect.

1896
00:41:58,916 --> 00:42:00,166
It just proves

1897
00:42:00,166 --> 00:42:02,541
just how absurd like,

1898
00:42:02,833 --> 00:42:03,791
this is what we're

1899
00:42:03,791 --> 00:42:04,750
literally doing.

1900
00:42:04,750 --> 00:42:05,458
And we're supposed

1901
00:42:05,458 --> 00:42:06,666
to just pretend

1902
00:42:07,291 --> 00:42:08,458
that it's fine.

1903
00:42:10,500 --> 00:42:10,833
It's just

1904
00:42:10,833 --> 00:42:12,041
laughable.

1905
00:42:12,208 --> 00:42:14,083
It's laughably absurd.

1906
00:42:14,375 --> 00:42:16,541
What we,

1907
00:42:17,291 --> 00:42:18,416
What we pass off

1908
00:42:18,416 --> 00:42:19,583
as normal,

1909
00:42:20,458 --> 00:42:21,625
what we pretend is like.

1910
00:42:21,625 --> 00:42:24,000
Okay, it's like, no,

1911
00:42:24,208 --> 00:42:24,875
think about it

1912
00:42:24,875 --> 00:42:25,875
for five seconds.

1913
00:42:25,875 --> 00:42:27,083
Like, this is.

1914
00:42:27,166 --> 00:42:28,375
This is insane.

1915
00:42:28,625 --> 00:42:29,833
This is absurd.

1916
00:42:31,541 --> 00:42:33,000
And I'm just not going to go.

1917
00:42:33,000 --> 00:42:33,625
I'm not going to go

1918
00:42:33,625 --> 00:42:35,041
along like you're asking me

1919
00:42:35,041 --> 00:42:36,250
to play along,

1920
00:42:36,541 --> 00:42:37,541
and I can't.

1921
00:42:37,541 --> 00:42:39,083
I cannot do it.

1922
00:42:39,083 --> 00:42:40,291
I will not. Yeah.

1923
00:42:40,750 --> 00:42:41,750
One of the reasons

1924
00:42:41,750 --> 00:42:43,291
that I started my podcast was

1925
00:42:43,291 --> 00:42:43,916
because I do

1926
00:42:43,916 --> 00:42:45,083
want to bring that,

1927
00:42:45,125 --> 00:42:46,583
early mainstream

1928
00:42:46,583 --> 00:42:48,083
majority on the journey

1929
00:42:48,083 --> 00:42:49,333
and help them understand

1930
00:42:49,333 --> 00:42:50,666
the benefits of Bitcoin

1931
00:42:50,666 --> 00:42:51,875
and just

1932
00:42:51,875 --> 00:42:52,458
look at it

1933
00:42:52,458 --> 00:42:52,833
a little bit

1934
00:42:52,833 --> 00:42:54,041
more deeply because

1935
00:42:54,125 --> 00:42:55,333
everyone's heard of it.

1936
00:42:56,208 --> 00:42:57,083
Everyone already

1937
00:42:57,083 --> 00:42:58,333
has an impression

1938
00:42:58,333 --> 00:42:58,916
in their mind

1939
00:42:58,916 --> 00:42:59,791
as to what it is

1940
00:42:59,791 --> 00:43:00,291
and what what

1941
00:43:00,291 --> 00:43:01,166
the point of it is.

1942
00:43:01,166 --> 00:43:02,000
But,

1943
00:43:02,000 --> 00:43:02,250
you know,

1944
00:43:02,250 --> 00:43:03,625
if we take 100 people,

1945
00:43:04,041 --> 00:43:04,833
I think both you and

1946
00:43:04,833 --> 00:43:06,166
I can agree that about

1947
00:43:06,208 --> 00:43:07,375
97 would not

1948
00:43:07,375 --> 00:43:08,458
really understand

1949
00:43:08,458 --> 00:43:10,083
or have have the right

1950
00:43:10,791 --> 00:43:11,875
understanding of what

1951
00:43:11,875 --> 00:43:13,291
Bitcoin actually is.

1952
00:43:13,583 --> 00:43:14,458
So there's

1953
00:43:14,458 --> 00:43:15,666
a lot of opportunity

1954
00:43:15,666 --> 00:43:16,791
to bring people

1955
00:43:16,791 --> 00:43:18,333
on the journey and always

1956
00:43:18,333 --> 00:43:19,541
wonder as well.

1957
00:43:19,583 --> 00:43:19,916
I don't know

1958
00:43:19,916 --> 00:43:21,166
if you've recently seen

1959
00:43:21,166 --> 00:43:21,750
and this isn't

1960
00:43:21,750 --> 00:43:23,125
the most scientific thing.

1961
00:43:23,750 --> 00:43:25,291
Whether you've seen

1962
00:43:25,291 --> 00:43:26,041
the Myers-Briggs

1963
00:43:26,041 --> 00:43:27,375
personality test

1964
00:43:27,375 --> 00:43:28,583
among Bitcoiners

1965
00:43:28,583 --> 00:43:30,708
and then so obviously

1966
00:43:31,208 --> 00:43:33,250
like science aside,

1967
00:43:33,250 --> 00:43:35,083
I know in psychology

1968
00:43:35,083 --> 00:43:36,500
that particular test

1969
00:43:36,500 --> 00:43:37,333
is not that

1970
00:43:37,333 --> 00:43:38,500
very well respected.

1971
00:43:38,500 --> 00:43:39,416
Like not as much

1972
00:43:39,416 --> 00:43:40,583
as the big five.

1973
00:43:40,708 --> 00:43:41,875
But there is an element

1974
00:43:41,875 --> 00:43:42,666
of truth to it.

1975
00:43:42,666 --> 00:43:43,875
Like we can all

1976
00:43:44,375 --> 00:43:44,875
read it

1977
00:43:44,875 --> 00:43:45,541
and be like, okay,

1978
00:43:45,541 --> 00:43:47,125
I can sort of see why

1979
00:43:47,333 --> 00:43:49,083
someone who's more intuitive

1980
00:43:49,083 --> 00:43:50,583
in abstract thinking and,

1981
00:43:50,916 --> 00:43:52,000
thinks about

1982
00:43:52,000 --> 00:43:52,875
the possibilities

1983
00:43:52,875 --> 00:43:54,375
might be more likely

1984
00:43:54,625 --> 00:43:55,583
to adopt Bitcoin.

1985
00:43:55,583 --> 00:43:57,500
But I also got very curious

1986
00:43:57,500 --> 00:44:01,041
about the the majority of

1987
00:44:01,708 --> 00:44:02,916
people who

1988
00:44:02,916 --> 00:44:04,125
there's no

1989
00:44:04,208 --> 00:44:05,583
there's like zero exposure

1990
00:44:05,583 --> 00:44:06,791
to to Bitcoin.

1991
00:44:07,000 --> 00:44:08,125
I got curious

1992
00:44:08,125 --> 00:44:09,291
about those personalities

1993
00:44:09,291 --> 00:44:10,708
and I looked into them

1994
00:44:10,708 --> 00:44:11,541
a little bit more.

1995
00:44:11,541 --> 00:44:13,500
And as you can imagine,

1996
00:44:13,500 --> 00:44:14,708
they are people

1997
00:44:14,708 --> 00:44:16,166
who value stability,

1998
00:44:16,166 --> 00:44:17,416
they value tradition,

1999
00:44:17,416 --> 00:44:18,625
they value

2000
00:44:18,625 --> 00:44:20,208
known systems.

2001
00:44:20,208 --> 00:44:21,875
And something

2002
00:44:21,875 --> 00:44:22,666
that's, you know,

2003
00:44:23,625 --> 00:44:25,166
been trialed and tested

2004
00:44:25,166 --> 00:44:26,666
for for many, many years.

2005
00:44:26,666 --> 00:44:28,333
And it's not that they can't

2006
00:44:29,458 --> 00:44:30,541
be come

2007
00:44:30,541 --> 00:44:31,083
on the journey

2008
00:44:31,083 --> 00:44:31,666
of Bitcoin,

2009
00:44:31,666 --> 00:44:32,541
but they really need

2010
00:44:32,541 --> 00:44:33,750
to understand that,

2011
00:44:34,166 --> 00:44:35,875
a lot better before

2012
00:44:35,875 --> 00:44:36,750
they just willy

2013
00:44:36,750 --> 00:44:37,958
nilly accept it.

2014
00:44:38,250 --> 00:44:39,791
And I've recently

2015
00:44:39,791 --> 00:44:40,208
also been

2016
00:44:40,208 --> 00:44:41,250
speaking to this girl

2017
00:44:41,250 --> 00:44:43,166
who is is one of those,

2018
00:44:43,166 --> 00:44:45,833
I think, I guess f-j,

2019
00:44:45,833 --> 00:44:47,125
personality type.

2020
00:44:47,125 --> 00:44:48,958
And she studied Bitcoin

2021
00:44:48,958 --> 00:44:50,333
for six years

2022
00:44:50,750 --> 00:44:51,666
before ever

2023
00:44:51,666 --> 00:44:52,875
getting into it.

2024
00:44:52,875 --> 00:44:53,791
So that just goes

2025
00:44:53,791 --> 00:44:55,000
to show how,

2026
00:44:55,041 --> 00:44:57,333
cautious she is to big

2027
00:44:57,333 --> 00:44:58,541
changes.

2028
00:44:58,791 --> 00:45:01,541
And,

2029
00:45:01,541 --> 00:45:02,083
I guess we'll

2030
00:45:02,083 --> 00:45:03,625
face my question going here.

2031
00:45:03,958 --> 00:45:06,583
I also wonder

2032
00:45:06,583 --> 00:45:07,791
if if there's,

2033
00:45:09,250 --> 00:45:10,208
I forgot what the question

2034
00:45:10,208 --> 00:45:10,750
was going to be.

2035
00:45:10,750 --> 00:45:11,958
Neil.

2036
00:45:12,416 --> 00:45:13,083
First. Fine.

2037
00:45:13,083 --> 00:45:14,333
I was thinking like,

2038
00:45:15,291 --> 00:45:16,250
so in the book,

2039
00:45:16,250 --> 00:45:16,875
one of the things

2040
00:45:16,875 --> 00:45:17,625
when I was doing

2041
00:45:17,625 --> 00:45:19,458
kind of researching

2042
00:45:19,458 --> 00:45:20,833
the slavery aspects of AI,

2043
00:45:20,833 --> 00:45:22,583
I really kind of,

2044
00:45:22,750 --> 00:45:24,208
was captivated

2045
00:45:24,208 --> 00:45:25,416
by Frederick Douglass

2046
00:45:25,500 --> 00:45:27,791
because he was a slave

2047
00:45:28,166 --> 00:45:29,291
and he lived it.

2048
00:45:29,291 --> 00:45:30,083
That was his life.

2049
00:45:30,083 --> 00:45:31,583
And he wrote about it, too,

2050
00:45:31,583 --> 00:45:33,750
and he talked about this,

2051
00:45:33,750 --> 00:45:35,041
you know, this kind of

2052
00:45:35,041 --> 00:45:36,833
psychological distinction

2053
00:45:37,041 --> 00:45:37,625
between,

2054
00:45:37,625 --> 00:45:38,833
you know, the house slave

2055
00:45:38,916 --> 00:45:40,125
and the field slave.

2056
00:45:40,375 --> 00:45:41,583
And I love that thought.

2057
00:45:42,208 --> 00:45:44,250
And I think that you're

2058
00:45:44,250 --> 00:45:45,791
what you're explaining

2059
00:45:45,791 --> 00:45:47,500
is that exact same dynamic.

2060
00:45:47,875 --> 00:45:49,625
You know, people,

2061
00:45:50,000 --> 00:45:51,125
some people

2062
00:45:51,125 --> 00:45:52,333
tend towards just

2063
00:45:52,750 --> 00:45:54,583
stability and comfort.

2064
00:45:54,583 --> 00:45:55,791
They don't want any change.

2065
00:45:55,791 --> 00:45:58,416
And it's like, you know, the

2066
00:45:58,500 --> 00:45:59,666
I mean, the comfort

2067
00:45:59,666 --> 00:46:00,875
like it is to, to

2068
00:46:00,875 --> 00:46:02,083
to break free

2069
00:46:02,291 --> 00:46:03,333
from your chains

2070
00:46:03,333 --> 00:46:04,750
to, to escape

2071
00:46:04,750 --> 00:46:05,958
slavery is a,

2072
00:46:05,958 --> 00:46:07,791
is a bold move.

2073
00:46:07,791 --> 00:46:08,208
It is.

2074
00:46:08,208 --> 00:46:08,541
You know,

2075
00:46:08,541 --> 00:46:09,208
it's you're

2076
00:46:09,208 --> 00:46:10,166
thrusting yourself

2077
00:46:10,166 --> 00:46:11,041
into the unknown,

2078
00:46:11,041 --> 00:46:11,916
into the wild

2079
00:46:11,916 --> 00:46:13,125
in a kind of a sense.

2080
00:46:13,458 --> 00:46:14,875
And it's that

2081
00:46:14,875 --> 00:46:16,041
unknown is scary.

2082
00:46:16,375 --> 00:46:17,666
And, you know,

2083
00:46:17,666 --> 00:46:18,875
it does take

2084
00:46:18,958 --> 00:46:19,708
a certain type

2085
00:46:19,708 --> 00:46:21,000
of person to really want it

2086
00:46:21,166 --> 00:46:22,833
and to just go for it.

2087
00:46:22,833 --> 00:46:23,625
And another one

2088
00:46:23,625 --> 00:46:24,208
takes a little bit

2089
00:46:24,208 --> 00:46:25,375
more coaxing, but it's like,

2090
00:46:25,750 --> 00:46:26,083
you know,

2091
00:46:27,291 --> 00:46:28,041
I can't I can't

2092
00:46:28,041 --> 00:46:28,833
remember the exact quote,

2093
00:46:28,833 --> 00:46:29,875
but the essence of

2094
00:46:29,875 --> 00:46:30,750
what he was talking about

2095
00:46:30,750 --> 00:46:31,916
was like, you know,

2096
00:46:32,041 --> 00:46:33,083
the the person

2097
00:46:33,083 --> 00:46:34,375
that knows the lash,

2098
00:46:34,750 --> 00:46:35,666
you know,

2099
00:46:35,666 --> 00:46:36,833
like they,

2100
00:46:36,833 --> 00:46:38,333
they understand the truth

2101
00:46:38,333 --> 00:46:39,541
of their condition,

2102
00:46:39,583 --> 00:46:39,833
you know,

2103
00:46:39,833 --> 00:46:41,375
with like a searing clarity.

2104
00:46:41,708 --> 00:46:42,666
Whereas like

2105
00:46:42,666 --> 00:46:44,375
the comfortable house slave,

2106
00:46:44,541 --> 00:46:45,833
you know, that gets to eat

2107
00:46:45,833 --> 00:46:47,458
at the master's table

2108
00:46:47,458 --> 00:46:48,250
and gets to sleep

2109
00:46:48,250 --> 00:46:49,791
in a nice bed like

2110
00:46:51,083 --> 00:46:52,375
they might be a little bit

2111
00:46:52,500 --> 00:46:53,083
more like,

2112
00:46:53,083 --> 00:46:53,958
oh, this is a pretty good

2113
00:46:53,958 --> 00:46:54,291
deal.

2114
00:46:54,291 --> 00:46:55,583
Like, I'm okay with this,

2115
00:46:55,833 --> 00:46:56,708
you know, I'm

2116
00:46:56,708 --> 00:46:58,291
within a level of comfort.

2117
00:46:58,291 --> 00:46:58,916
They're given a

2118
00:46:58,916 --> 00:47:00,458
level of status

2119
00:47:00,750 --> 00:47:03,708
that, actually

2120
00:47:03,708 --> 00:47:04,416
makes them,

2121
00:47:04,416 --> 00:47:06,041
you know, for Douglass, like,

2122
00:47:06,166 --> 00:47:07,458
they were like some of the

2123
00:47:07,458 --> 00:47:09,083
the best enforcers

2124
00:47:09,333 --> 00:47:10,541
of the slavery.

2125
00:47:10,666 --> 00:47:11,500
You know, like

2126
00:47:11,500 --> 00:47:13,250
they would defend the master.

2127
00:47:13,250 --> 00:47:14,583
They would, you know,

2128
00:47:14,583 --> 00:47:15,875
when someone would get

2129
00:47:15,875 --> 00:47:16,875
a little out of line,

2130
00:47:16,875 --> 00:47:18,000
they would be the first

2131
00:47:18,000 --> 00:47:19,250
to pounce and say, hey,

2132
00:47:19,583 --> 00:47:21,208
don't rock the boat like.

2133
00:47:21,458 --> 00:47:22,416
And it's like

2134
00:47:22,416 --> 00:47:24,083
we see those same dynamics

2135
00:47:24,083 --> 00:47:25,291
playing out today.

2136
00:47:25,291 --> 00:47:26,583
And it's just like, again,

2137
00:47:26,583 --> 00:47:27,083
I think

2138
00:47:27,083 --> 00:47:28,291
that's not an accident.

2139
00:47:28,291 --> 00:47:28,541
You know?

2140
00:47:28,541 --> 00:47:29,916
It's like it's

2141
00:47:29,916 --> 00:47:31,708
the same extractive system.

2142
00:47:31,958 --> 00:47:33,583
Some people intuit it

2143
00:47:33,583 --> 00:47:34,791
like something's off.

2144
00:47:34,916 --> 00:47:36,458
Some people really get it.

2145
00:47:36,458 --> 00:47:37,000
Then like,

2146
00:47:37,000 --> 00:47:38,250
I can't even get ahead.

2147
00:47:38,250 --> 00:47:39,416
I can't,

2148
00:47:39,625 --> 00:47:40,041
I can't,

2149
00:47:40,041 --> 00:47:41,833
save any money

2150
00:47:41,833 --> 00:47:43,250
to get, a down payment

2151
00:47:43,250 --> 00:47:43,916
for a house

2152
00:47:43,916 --> 00:47:45,125
or any of these, like,

2153
00:47:45,208 --> 00:47:45,958
you know,

2154
00:47:45,958 --> 00:47:47,250
can't afford a family.

2155
00:47:47,250 --> 00:47:49,125
I can't afford anything.

2156
00:47:49,166 --> 00:47:50,708
Like, they feel it

2157
00:47:50,708 --> 00:47:51,916
in a very real way.

2158
00:47:52,708 --> 00:47:53,916
And those are probably

2159
00:47:53,916 --> 00:47:54,375
the people

2160
00:47:54,375 --> 00:47:55,041
that are the first

2161
00:47:55,041 --> 00:47:56,208
to really like.

2162
00:47:56,208 --> 00:47:57,625
Yeah, I want to get out

2163
00:47:57,625 --> 00:47:58,916
of this thing, you know, but

2164
00:47:59,875 --> 00:48:01,083
I, I don't

2165
00:48:01,583 --> 00:48:02,916
I don't want to,

2166
00:48:03,500 --> 00:48:04,500
like even those

2167
00:48:04,500 --> 00:48:05,416
that kind of enforce

2168
00:48:05,416 --> 00:48:06,541
this system today

2169
00:48:06,541 --> 00:48:07,708
and and defend it.

2170
00:48:07,708 --> 00:48:08,875
It's like

2171
00:48:09,000 --> 00:48:10,291
I still feel for them

2172
00:48:10,291 --> 00:48:11,000
because, yeah,

2173
00:48:11,000 --> 00:48:13,041
they are equally as enslaved.

2174
00:48:13,041 --> 00:48:14,250
They're equally,

2175
00:48:14,583 --> 00:48:15,625
you know,

2176
00:48:15,625 --> 00:48:16,791
victims,

2177
00:48:18,000 --> 00:48:18,458
so it's like,

2178
00:48:18,458 --> 00:48:20,958
I just don't want to pretend

2179
00:48:20,958 --> 00:48:22,125
like they don't matter

2180
00:48:22,125 --> 00:48:23,458
and just leave them behind.

2181
00:48:23,458 --> 00:48:24,625
Like,

2182
00:48:24,833 --> 00:48:25,500
one of the things

2183
00:48:25,500 --> 00:48:26,750
that I do get

2184
00:48:26,750 --> 00:48:28,833
and I understand is like, it,

2185
00:48:29,791 --> 00:48:30,708
we all exist

2186
00:48:30,708 --> 00:48:32,041
in this reality together,

2187
00:48:32,458 --> 00:48:33,333
you know,

2188
00:48:33,333 --> 00:48:34,833
we live in

2189
00:48:34,833 --> 00:48:35,875
and we share this

2190
00:48:35,875 --> 00:48:37,458
concurrent moment of

2191
00:48:37,458 --> 00:48:38,041
the present.

2192
00:48:38,041 --> 00:48:39,250
And we exist in it.

2193
00:48:39,708 --> 00:48:41,041
And that shared

2194
00:48:41,041 --> 00:48:42,250
connection,

2195
00:48:42,250 --> 00:48:44,125
you know, as human beings,

2196
00:48:44,416 --> 00:48:45,708
I can't deny that.

2197
00:48:46,041 --> 00:48:47,416
And I understand

2198
00:48:47,416 --> 00:48:48,625
that.

2199
00:48:48,958 --> 00:48:50,166
I, I need

2200
00:48:50,166 --> 00:48:51,708
I need everybody else to

2201
00:48:51,750 --> 00:48:53,125
just as like I am

2202
00:48:53,125 --> 00:48:54,291
part of this, you know,

2203
00:48:54,625 --> 00:48:55,666
going back to this kind

2204
00:48:55,666 --> 00:48:56,375
of high, low morphic

2205
00:48:56,375 --> 00:48:57,875
guilt part and whole like,

2206
00:48:58,000 --> 00:48:59,666
yes, I am an an individual,

2207
00:49:00,625 --> 00:49:01,125
but I

2208
00:49:01,125 --> 00:49:03,750
also am a member of society.

2209
00:49:03,750 --> 00:49:05,041
I also am a member

2210
00:49:05,041 --> 00:49:06,250
of this collective,

2211
00:49:06,458 --> 00:49:08,291
you know, human race.

2212
00:49:08,291 --> 00:49:09,416
And it's just like

2213
00:49:09,416 --> 00:49:10,625
putting those things

2214
00:49:10,708 --> 00:49:11,791
together.

2215
00:49:11,791 --> 00:49:12,875
You know,

2216
00:49:12,875 --> 00:49:14,208
it makes me care

2217
00:49:14,208 --> 00:49:15,625
about my fellow man.

2218
00:49:15,791 --> 00:49:17,125
It makes me care

2219
00:49:17,125 --> 00:49:18,416
and have empathy towards

2220
00:49:18,416 --> 00:49:19,208
you know, their

2221
00:49:19,208 --> 00:49:21,291
suffering, too, and

2222
00:49:22,000 --> 00:49:22,958
and understanding

2223
00:49:22,958 --> 00:49:24,166
that, like,

2224
00:49:24,416 --> 00:49:25,791
if I it's one thing for me

2225
00:49:25,791 --> 00:49:28,166
just to to exit stage left

2226
00:49:28,166 --> 00:49:29,333
and take care of myself

2227
00:49:29,500 --> 00:49:30,708
in the short term.

2228
00:49:30,750 --> 00:49:32,375
But if I'm really going

2229
00:49:32,375 --> 00:49:34,041
to want to give my daughters

2230
00:49:34,291 --> 00:49:35,333
a, a world

2231
00:49:35,333 --> 00:49:36,541
without fiat,

2232
00:49:36,625 --> 00:49:37,791
like I have to

2233
00:49:37,791 --> 00:49:39,541
help them out too, you know?

2234
00:49:39,541 --> 00:49:40,541
Because as long as this

2235
00:49:40,541 --> 00:49:41,750
Fiat monster

2236
00:49:41,958 --> 00:49:43,708
is, is fed enough energy

2237
00:49:43,708 --> 00:49:45,000
and it keeps itself

2238
00:49:45,416 --> 00:49:47,333
churning and going, like

2239
00:49:47,875 --> 00:49:49,208
I really can't rest.

2240
00:49:49,833 --> 00:49:51,916
So,

2241
00:49:51,916 --> 00:49:53,083
that's that's why

2242
00:49:53,083 --> 00:49:54,625
I really do want to help

2243
00:49:55,041 --> 00:49:57,208
in the bitcoiners

2244
00:49:57,208 --> 00:49:58,375
that have it, like,

2245
00:49:58,750 --> 00:49:59,875
I, I probably wouldn't

2246
00:49:59,875 --> 00:50:01,041
have got it earlier,

2247
00:50:01,041 --> 00:50:02,041
you know, like, I,

2248
00:50:02,041 --> 00:50:03,958
I needed to have all,

2249
00:50:03,958 --> 00:50:05,333
all of my life experience

2250
00:50:05,333 --> 00:50:06,541
and I needed to have,

2251
00:50:06,625 --> 00:50:06,875
you know,

2252
00:50:06,875 --> 00:50:08,250
my philosophical training

2253
00:50:08,833 --> 00:50:10,125
and for me to do that

2254
00:50:10,125 --> 00:50:10,791
proof of work

2255
00:50:10,791 --> 00:50:12,041
to where when I did see

2256
00:50:12,041 --> 00:50:13,250
it, I could get it,

2257
00:50:13,250 --> 00:50:14,083
you know, like

2258
00:50:14,083 --> 00:50:14,541
if I would have

2259
00:50:14,541 --> 00:50:16,000
got introduced to Bitcoin

2260
00:50:16,166 --> 00:50:17,333
five years ago, ten

2261
00:50:17,333 --> 00:50:18,958
years ago, I mean,

2262
00:50:20,333 --> 00:50:21,083
I would

2263
00:50:21,083 --> 00:50:22,041
bet a lot of money

2264
00:50:22,041 --> 00:50:23,333
that I probably wouldn't

2265
00:50:23,333 --> 00:50:23,708
have got it.

2266
00:50:23,708 --> 00:50:24,833
I probably would have

2267
00:50:24,833 --> 00:50:25,708
sloughed it off

2268
00:50:25,708 --> 00:50:27,083
as it was stupid or dumb

2269
00:50:27,083 --> 00:50:28,166
or a scam or something

2270
00:50:28,166 --> 00:50:29,541
like I would have fallen

2271
00:50:29,666 --> 00:50:30,833
those same

2272
00:50:31,083 --> 00:50:31,583
tripped over

2273
00:50:31,583 --> 00:50:32,791
those same obstacles.

2274
00:50:33,958 --> 00:50:35,333
And I'm grateful

2275
00:50:35,333 --> 00:50:36,250
that all the people who came

2276
00:50:36,250 --> 00:50:37,041
before me

2277
00:50:37,041 --> 00:50:37,541
kind of helped

2278
00:50:37,541 --> 00:50:38,625
clear that path.

2279
00:50:38,625 --> 00:50:40,166
So, you know,

2280
00:50:40,166 --> 00:50:40,791
when I did start

2281
00:50:40,791 --> 00:50:41,291
looking at it,

2282
00:50:41,291 --> 00:50:42,500
I could see it clearly.

2283
00:50:42,541 --> 00:50:44,625
I want to Orangeville people.

2284
00:50:44,625 --> 00:50:46,250
I wanted to at least

2285
00:50:46,250 --> 00:50:47,333
give them the opportunity

2286
00:50:47,333 --> 00:50:48,333
to say no.

2287
00:50:48,333 --> 00:50:49,583
You know,

2288
00:50:49,583 --> 00:50:50,791
maybe not like

2289
00:50:51,083 --> 00:50:51,750
I ask,

2290
00:50:51,750 --> 00:50:53,083
I try to Orangefield

2291
00:50:53,083 --> 00:50:54,291
by asking questions.

2292
00:50:54,291 --> 00:50:55,000
I really don't

2293
00:50:55,000 --> 00:50:56,250
want to tell people things,

2294
00:50:56,375 --> 00:50:57,583
because I want them

2295
00:50:57,833 --> 00:50:59,458
to walk themselves

2296
00:50:59,458 --> 00:51:00,666
through the logic.

2297
00:51:00,666 --> 00:51:01,791
And, you know, even

2298
00:51:01,791 --> 00:51:03,166
if they don't have a,

2299
00:51:04,583 --> 00:51:05,375
even if I ask

2300
00:51:05,375 --> 00:51:06,583
a question

2301
00:51:06,583 --> 00:51:07,708
and it just like

2302
00:51:07,708 --> 00:51:09,000
the tiniest little seed

2303
00:51:09,000 --> 00:51:10,291
kind of falls in that crack

2304
00:51:10,291 --> 00:51:10,958
and they don't get it

2305
00:51:10,958 --> 00:51:12,000
right away.

2306
00:51:12,000 --> 00:51:12,875
And I may never

2307
00:51:12,875 --> 00:51:14,250
see them again, but maybe

2308
00:51:14,250 --> 00:51:14,791
that's like

2309
00:51:14,791 --> 00:51:15,958
the little thing the

2310
00:51:16,500 --> 00:51:17,166
that they're like,

2311
00:51:17,166 --> 00:51:17,875
wait a second.

2312
00:51:17,875 --> 00:51:18,416
Like,

2313
00:51:18,416 --> 00:51:20,375
how do how does that work?

2314
00:51:20,375 --> 00:51:21,083
That does

2315
00:51:21,083 --> 00:51:21,958
that doesn't make sense.

2316
00:51:21,958 --> 00:51:23,166
You know, maybe they

2317
00:51:23,208 --> 00:51:24,625
it turns around

2318
00:51:24,625 --> 00:51:25,500
in their brain for,

2319
00:51:25,500 --> 00:51:26,083
you know, a year

2320
00:51:26,083 --> 00:51:26,750
or two years,

2321
00:51:26,750 --> 00:51:27,833
it's like eventually

2322
00:51:27,833 --> 00:51:28,833
that little seed,

2323
00:51:28,833 --> 00:51:30,041
when it sprouts, like,

2324
00:51:30,083 --> 00:51:31,208
it can break that

2325
00:51:31,208 --> 00:51:32,500
rock, you know, it

2326
00:51:32,500 --> 00:51:33,791
can bust that crack

2327
00:51:33,791 --> 00:51:34,291
right open

2328
00:51:34,291 --> 00:51:35,541
and then they'll be ready

2329
00:51:35,541 --> 00:51:36,000
for it.

2330
00:51:36,000 --> 00:51:37,333
So yeah,

2331
00:51:37,333 --> 00:51:38,791
I, I don't

2332
00:51:39,083 --> 00:51:40,541
I don't measure success.

2333
00:51:40,916 --> 00:51:43,375
By how many people

2334
00:51:44,000 --> 00:51:45,333
are actually orange pilled.

2335
00:51:45,333 --> 00:51:46,125
It's just,

2336
00:51:46,125 --> 00:51:47,333
am I putting

2337
00:51:47,333 --> 00:51:48,541
the right message out

2338
00:51:48,833 --> 00:51:50,041
that maybe,

2339
00:51:50,125 --> 00:51:51,000
you know,

2340
00:51:51,000 --> 00:51:52,250
I take care of

2341
00:51:52,250 --> 00:51:53,458
the input, and,

2342
00:51:54,125 --> 00:51:54,958
the outcomes

2343
00:51:54,958 --> 00:51:56,458
will take care of themselves.

2344
00:51:57,791 --> 00:51:59,041
Yeah, I, I

2345
00:51:59,041 --> 00:52:00,458
love the analogy

2346
00:52:00,458 --> 00:52:02,041
between the house slave

2347
00:52:02,041 --> 00:52:03,250
in the field slave,

2348
00:52:03,291 --> 00:52:04,666
because you kind of see

2349
00:52:04,666 --> 00:52:06,125
those dynamics play out

2350
00:52:06,833 --> 00:52:08,000
in all sorts of different

2351
00:52:08,000 --> 00:52:09,541
environments, even at work,

2352
00:52:09,750 --> 00:52:10,458
you know, people

2353
00:52:10,458 --> 00:52:11,083
who are close

2354
00:52:11,083 --> 00:52:12,750
to sort of senior management,

2355
00:52:13,250 --> 00:52:14,041
they might think

2356
00:52:14,041 --> 00:52:15,041
that they, yeah,

2357
00:52:15,041 --> 00:52:15,916
have more privilege

2358
00:52:15,916 --> 00:52:17,708
and illusion of privilege.

2359
00:52:17,708 --> 00:52:19,291
And same thing.

2360
00:52:19,375 --> 00:52:19,833
Yeah, happened

2361
00:52:19,833 --> 00:52:21,083
during Covid as well.

2362
00:52:21,083 --> 00:52:23,416
A lot of people,

2363
00:52:23,416 --> 00:52:24,625
you know, that that

2364
00:52:25,375 --> 00:52:27,083
were behind the vaccine

2365
00:52:27,083 --> 00:52:28,458
mandates at work.

2366
00:52:29,250 --> 00:52:30,208
Witness didn't

2367
00:52:30,208 --> 00:52:30,750
necessarily

2368
00:52:30,750 --> 00:52:31,625
think it was the morally

2369
00:52:31,625 --> 00:52:32,958
right thing to do, but

2370
00:52:33,500 --> 00:52:34,250
they went along

2371
00:52:34,250 --> 00:52:35,083
with it as well.

2372
00:52:35,083 --> 00:52:36,291
And unfortunately, a lot,

2373
00:52:36,291 --> 00:52:37,041
a lot of people

2374
00:52:37,041 --> 00:52:38,250
lost their job.

2375
00:52:38,541 --> 00:52:41,458
But what I want to go back

2376
00:52:41,458 --> 00:52:42,500
to is like,

2377
00:52:42,500 --> 00:52:43,875
Bitcoin in my mind,

2378
00:52:43,916 --> 00:52:45,083
aligns with most

2379
00:52:45,083 --> 00:52:46,583
people's core values.

2380
00:52:47,875 --> 00:52:48,875
You know, if you speak to the

2381
00:52:48,875 --> 00:52:50,291
average person on the street,

2382
00:52:50,291 --> 00:52:51,416
everyone wants to live

2383
00:52:51,416 --> 00:52:52,666
in the world where,

2384
00:52:53,208 --> 00:52:54,791
people don't have to live

2385
00:52:54,791 --> 00:52:56,000
paycheck to paycheck,

2386
00:52:56,000 --> 00:52:57,208
where people don't

2387
00:52:57,208 --> 00:52:58,375
have to think that,

2388
00:52:58,708 --> 00:53:00,250
you know,

2389
00:53:00,708 --> 00:53:01,208
working

2390
00:53:01,208 --> 00:53:02,541
more is not necessarily

2391
00:53:02,541 --> 00:53:03,291
going to lead

2392
00:53:03,291 --> 00:53:04,083
to a better life,

2393
00:53:04,083 --> 00:53:05,375
which is very much the case.

2394
00:53:05,375 --> 00:53:06,625
I read somewhere a statistic

2395
00:53:06,625 --> 00:53:08,125
that over 50% people

2396
00:53:08,125 --> 00:53:09,791
believe that,

2397
00:53:10,833 --> 00:53:12,000
so it really aligns

2398
00:53:12,000 --> 00:53:13,416
with most people's values.

2399
00:53:13,416 --> 00:53:15,125
And, and I guess that journey

2400
00:53:15,125 --> 00:53:17,375
to help people on understand

2401
00:53:17,416 --> 00:53:19,875
how they can get, how

2402
00:53:19,875 --> 00:53:21,333
we can get back to a system

2403
00:53:21,333 --> 00:53:23,041
where you can afford

2404
00:53:23,041 --> 00:53:24,625
to feed

2405
00:53:24,625 --> 00:53:25,375
a whole family

2406
00:53:25,375 --> 00:53:26,541
on a single income

2407
00:53:26,791 --> 00:53:27,708
without, you

2408
00:53:27,708 --> 00:53:28,666
know, necessarily

2409
00:53:28,666 --> 00:53:29,708
having mortgage

2410
00:53:29,708 --> 00:53:31,166
stress and financial stress

2411
00:53:31,166 --> 00:53:31,708
that that we

2412
00:53:31,708 --> 00:53:32,666
experienced today

2413
00:53:32,666 --> 00:53:33,750
in Australia.

2414
00:53:33,750 --> 00:53:34,291
But you know

2415
00:53:34,291 --> 00:53:35,500
who's particularly bad now?

2416
00:53:35,541 --> 00:53:36,791
People who are earning over

2417
00:53:36,791 --> 00:53:38,125
like 200,000

2418
00:53:38,500 --> 00:53:39,541
and don't have any kids

2419
00:53:39,541 --> 00:53:40,666
in a double income,

2420
00:53:40,666 --> 00:53:41,791
have mortgage stress.

2421
00:53:41,791 --> 00:53:44,208
So it's really, concerning

2422
00:53:44,250 --> 00:53:45,041
to think about

2423
00:53:45,041 --> 00:53:47,750
how everyone else,

2424
00:53:47,750 --> 00:53:48,583
is living

2425
00:53:48,583 --> 00:53:49,875
in surviving out there.

2426
00:53:50,333 --> 00:53:52,166
Yeah.

2427
00:53:52,291 --> 00:53:52,625
Yeah.

2428
00:53:52,625 --> 00:53:53,750
The, the thing that I

2429
00:53:54,958 --> 00:53:56,125
kind of

2430
00:53:56,458 --> 00:53:57,208
guess goes back to

2431
00:53:57,208 --> 00:53:58,375
Aristotle is like,

2432
00:53:58,416 --> 00:53:59,916
so if you,

2433
00:53:59,916 --> 00:54:00,500
if you read

2434
00:54:00,500 --> 00:54:01,833
all of basically,

2435
00:54:01,833 --> 00:54:03,166
Aristotle, what he has to say

2436
00:54:03,166 --> 00:54:04,791
on economics, it's, it's

2437
00:54:04,916 --> 00:54:06,083
actually not that much

2438
00:54:06,291 --> 00:54:07,708
because he's, he's

2439
00:54:07,708 --> 00:54:09,041
writing it in the ethics.

2440
00:54:11,041 --> 00:54:12,250
For Aristotle

2441
00:54:12,250 --> 00:54:13,458
understands that

2442
00:54:14,041 --> 00:54:16,125
without ethics,

2443
00:54:16,125 --> 00:54:17,833
without moral,

2444
00:54:18,250 --> 00:54:19,708
a moral foundation

2445
00:54:19,708 --> 00:54:20,875
for justice,

2446
00:54:21,416 --> 00:54:22,791
you can't have an economy.

2447
00:54:23,458 --> 00:54:25,166
No one will ever exchange

2448
00:54:25,166 --> 00:54:26,083
anything with them,

2449
00:54:26,083 --> 00:54:27,291
with another person

2450
00:54:27,458 --> 00:54:28,666
if it's unfair,

2451
00:54:28,708 --> 00:54:29,958
like so.

2452
00:54:29,958 --> 00:54:31,791
You have to presuppose

2453
00:54:32,083 --> 00:54:33,583
this ethical fairness

2454
00:54:34,291 --> 00:54:35,500
and like so what?

2455
00:54:35,750 --> 00:54:36,666
What does that mean?

2456
00:54:36,666 --> 00:54:37,916
It's like so

2457
00:54:38,833 --> 00:54:39,916
economics

2458
00:54:39,916 --> 00:54:41,125
is driven

2459
00:54:41,208 --> 00:54:42,125
by the

2460
00:54:42,125 --> 00:54:43,333
by the ethics.

2461
00:54:43,375 --> 00:54:44,750
Like the ethics

2462
00:54:44,750 --> 00:54:47,083
comes before the economics.

2463
00:54:47,333 --> 00:54:48,875
So if you understand

2464
00:54:48,875 --> 00:54:50,958
the ethics behind the money

2465
00:54:51,041 --> 00:54:51,958
behind exchange

2466
00:54:51,958 --> 00:54:52,708
like that,

2467
00:54:52,708 --> 00:54:54,125
that's going to tell you

2468
00:54:54,125 --> 00:54:56,166
what type of economic fruit

2469
00:54:56,416 --> 00:54:56,875
will come

2470
00:54:56,875 --> 00:54:58,291
from that ethical tree.

2471
00:54:58,625 --> 00:54:59,750
So it's like

2472
00:54:59,750 --> 00:55:01,000
when when we come at it

2473
00:55:01,000 --> 00:55:02,791
from just economics

2474
00:55:02,791 --> 00:55:03,625
and we divorce.

2475
00:55:03,625 --> 00:55:04,083
Because a

2476
00:55:04,083 --> 00:55:05,291
lot of times people,

2477
00:55:05,291 --> 00:55:06,208
this is my problem

2478
00:55:06,208 --> 00:55:07,166
with the whole idea

2479
00:55:07,166 --> 00:55:08,333
of a broken money.

2480
00:55:08,541 --> 00:55:09,166
Right?

2481
00:55:09,166 --> 00:55:10,500
I understand why

2482
00:55:10,500 --> 00:55:12,000
that is a powerful,

2483
00:55:12,041 --> 00:55:13,250
you know,

2484
00:55:13,291 --> 00:55:14,541
it's powerful rhetoric

2485
00:55:14,541 --> 00:55:16,000
because it grips

2486
00:55:16,000 --> 00:55:17,250
really hard on this,

2487
00:55:17,250 --> 00:55:18,291
like intuition

2488
00:55:18,291 --> 00:55:19,666
that something is off,

2489
00:55:19,916 --> 00:55:21,000
you know, like something,

2490
00:55:21,000 --> 00:55:22,291
something bad is happening

2491
00:55:22,291 --> 00:55:23,500
with the money.

2492
00:55:23,666 --> 00:55:25,166
So we want to say it's broken

2493
00:55:25,583 --> 00:55:26,583
and it's like,

2494
00:55:26,583 --> 00:55:27,625
okay, well,

2495
00:55:27,625 --> 00:55:29,250
that that makes sense

2496
00:55:29,250 --> 00:55:31,333
from a purely economic

2497
00:55:31,708 --> 00:55:32,750
like surface

2498
00:55:32,750 --> 00:55:33,958
level analysis.

2499
00:55:34,083 --> 00:55:36,000
But the problem with that

2500
00:55:36,208 --> 00:55:38,166
is if the money is broken,

2501
00:55:38,416 --> 00:55:39,291
that that means

2502
00:55:39,291 --> 00:55:40,333
we're severing it

2503
00:55:40,333 --> 00:55:41,791
from from ethics.

2504
00:55:41,791 --> 00:55:44,458
It's just this amoral tool

2505
00:55:44,458 --> 00:55:45,666
that sits there

2506
00:55:45,708 --> 00:55:47,666
and it's but it's like

2507
00:55:48,250 --> 00:55:49,750
the money is it's

2508
00:55:49,916 --> 00:55:51,250
literally between two people.

2509
00:55:51,250 --> 00:55:52,500
It's two people or what

2510
00:55:52,500 --> 00:55:53,333
create the money

2511
00:55:53,333 --> 00:55:54,166
in the first place.

2512
00:55:54,166 --> 00:55:55,375
It's forming

2513
00:55:55,541 --> 00:55:56,875
how people connect

2514
00:55:56,875 --> 00:55:57,750
with each other

2515
00:55:57,750 --> 00:55:58,958
on a societal level.

2516
00:55:58,958 --> 00:55:59,125
Like,

2517
00:55:59,125 --> 00:56:00,000
I mean, Aristotle

2518
00:56:00,000 --> 00:56:00,833
even says this like,

2519
00:56:00,833 --> 00:56:02,541
that's the money

2520
00:56:02,541 --> 00:56:04,041
is essentially the glue

2521
00:56:04,041 --> 00:56:05,666
that kind of holds it.

2522
00:56:06,458 --> 00:56:07,958
It forms the bonds.

2523
00:56:07,958 --> 00:56:08,541
So it's like, well,

2524
00:56:08,541 --> 00:56:09,666
what is the nature

2525
00:56:09,666 --> 00:56:10,958
of how we are connected?

2526
00:56:11,375 --> 00:56:12,666
Are we connected through,

2527
00:56:12,666 --> 00:56:14,000
you know, this ethical,

2528
00:56:14,291 --> 00:56:16,666
cooperative relationship

2529
00:56:16,916 --> 00:56:18,000
or are we connected

2530
00:56:18,000 --> 00:56:19,166
through this,

2531
00:56:19,375 --> 00:56:19,791
you know,

2532
00:56:19,791 --> 00:56:21,000
extractive,

2533
00:56:21,125 --> 00:56:22,208
coercive

2534
00:56:22,208 --> 00:56:24,291
controlling mechanism.

2535
00:56:24,291 --> 00:56:25,708
And it's like, so

2536
00:56:26,250 --> 00:56:27,958
like money is a tool.

2537
00:56:28,166 --> 00:56:29,458
It is either a tool that

2538
00:56:30,208 --> 00:56:30,833
that creates

2539
00:56:30,833 --> 00:56:32,291
a healthy relationship

2540
00:56:32,625 --> 00:56:34,208
or a, you know,

2541
00:56:35,125 --> 00:56:36,416
in like link,

2542
00:56:37,500 --> 00:56:37,916
like I

2543
00:56:37,916 --> 00:56:39,083
asked, I it's just,

2544
00:56:39,208 --> 00:56:40,708
you know, if I chain you

2545
00:56:40,708 --> 00:56:42,250
to a plow,

2546
00:56:42,625 --> 00:56:43,791
you know,

2547
00:56:43,791 --> 00:56:44,750
are those chains

2548
00:56:44,750 --> 00:56:45,958
broken?

2549
00:56:45,958 --> 00:56:47,125
It's like, no, they're not

2550
00:56:47,125 --> 00:56:47,958
they're fulfilling

2551
00:56:47,958 --> 00:56:49,291
their function like that

2552
00:56:49,541 --> 00:56:50,791
money is fulfilling

2553
00:56:50,791 --> 00:56:52,750
its function as as forming

2554
00:56:52,750 --> 00:56:53,958
the bonds

2555
00:56:54,166 --> 00:56:55,666
of how we how we relate

2556
00:56:55,666 --> 00:56:56,875
and connect to each other.

2557
00:56:57,000 --> 00:56:59,875
So I don't want to sever

2558
00:57:00,000 --> 00:57:01,208
the moral,

2559
00:57:01,208 --> 00:57:02,291
the moral

2560
00:57:02,291 --> 00:57:03,500
from the macro.

2561
00:57:03,500 --> 00:57:04,625
I don't want to

2562
00:57:04,625 --> 00:57:05,958
sever the ethics

2563
00:57:05,958 --> 00:57:07,166
from the economics,

2564
00:57:07,666 --> 00:57:09,208
because the ethics

2565
00:57:09,208 --> 00:57:09,875
is actually

2566
00:57:09,875 --> 00:57:11,291
what is creating

2567
00:57:11,583 --> 00:57:12,416
the economics.

2568
00:57:12,416 --> 00:57:12,833
So it's like

2569
00:57:12,833 --> 00:57:14,166
you look at the price chart

2570
00:57:14,875 --> 00:57:15,416
of Bitcoin

2571
00:57:15,416 --> 00:57:16,250
and it's all crazy

2572
00:57:16,250 --> 00:57:16,916
and it's everywhere.

2573
00:57:16,916 --> 00:57:18,375
But you look at the log log,

2574
00:57:18,708 --> 00:57:19,916
you know, and it's just this

2575
00:57:20,458 --> 00:57:21,750
45 degree line.

2576
00:57:23,083 --> 00:57:24,541
And the economist is like

2577
00:57:24,541 --> 00:57:25,833
I don't know how to explain

2578
00:57:25,833 --> 00:57:26,041
that.

2579
00:57:26,041 --> 00:57:26,458
Like that's

2580
00:57:26,458 --> 00:57:28,166
such a odd phenomenon.

2581
00:57:28,166 --> 00:57:29,375
Like how is it

2582
00:57:29,500 --> 00:57:30,625
that this,

2583
00:57:30,625 --> 00:57:31,583
that Bitcoin

2584
00:57:31,583 --> 00:57:33,125
is this crazy

2585
00:57:33,125 --> 00:57:34,541
ultra performing asset.

2586
00:57:35,333 --> 00:57:36,416
And it's like,

2587
00:57:36,416 --> 00:57:37,916
that's a really complicated,

2588
00:57:38,041 --> 00:57:39,208
answer

2589
00:57:39,208 --> 00:57:40,375
if you're trying to model

2590
00:57:40,500 --> 00:57:41,541
the what

2591
00:57:41,541 --> 00:57:42,958
and trying to explain it

2592
00:57:42,958 --> 00:57:44,125
away that way.

2593
00:57:44,333 --> 00:57:45,458
But when you

2594
00:57:45,458 --> 00:57:46,666
understand the ethics

2595
00:57:46,791 --> 00:57:48,000
and you say, oh,

2596
00:57:48,291 --> 00:57:49,375
valuable, my,

2597
00:57:49,375 --> 00:57:50,125
ethical money

2598
00:57:50,125 --> 00:57:51,125
is more valuable

2599
00:57:51,125 --> 00:57:52,333
than unethical money,

2600
00:57:53,250 --> 00:57:54,000
that's it.

2601
00:57:54,000 --> 00:57:55,500
That's literally why.

2602
00:57:55,583 --> 00:57:56,500
So if you want to know

2603
00:57:56,500 --> 00:57:58,708
the why to the price action,

2604
00:57:59,041 --> 00:58:00,333
like why does it perform

2605
00:58:00,333 --> 00:58:01,458
the way it is?

2606
00:58:01,458 --> 00:58:02,666
Well, when you understand

2607
00:58:02,666 --> 00:58:03,416
the ethics,

2608
00:58:03,416 --> 00:58:04,666
you don't have to care.

2609
00:58:04,708 --> 00:58:04,958
Like you

2610
00:58:04,958 --> 00:58:05,458
don't have to

2611
00:58:05,458 --> 00:58:06,666
care about the macro

2612
00:58:06,791 --> 00:58:08,125
if you understand the moral.

2613
00:58:08,416 --> 00:58:09,625
So it's like

2614
00:58:09,875 --> 00:58:10,708
I'm trying to keep it

2615
00:58:10,708 --> 00:58:12,125
as simple as possible

2616
00:58:12,125 --> 00:58:13,791
so that it hits

2617
00:58:13,791 --> 00:58:15,083
the broadest range

2618
00:58:15,083 --> 00:58:16,291
of all people

2619
00:58:16,500 --> 00:58:17,500
so that if they can,

2620
00:58:17,500 --> 00:58:18,708
if they can,

2621
00:58:18,833 --> 00:58:20,041
you don't have to understand

2622
00:58:20,041 --> 00:58:20,875
any of the models.

2623
00:58:20,875 --> 00:58:22,291
You don't have to understand

2624
00:58:22,291 --> 00:58:23,500
CPI and,

2625
00:58:23,625 --> 00:58:25,166
and all these different rates

2626
00:58:25,166 --> 00:58:26,541
and all this craziness like

2627
00:58:27,416 --> 00:58:29,416
if you understand that it

2628
00:58:29,875 --> 00:58:30,666
and that's enough

2629
00:58:30,666 --> 00:58:32,041
to get you into Bitcoin.

2630
00:58:32,250 --> 00:58:33,166
Like you can start

2631
00:58:33,166 --> 00:58:33,708
your journey,

2632
00:58:33,708 --> 00:58:34,791
you can save yourself,

2633
00:58:34,791 --> 00:58:35,958
you can shield yourself

2634
00:58:35,958 --> 00:58:37,041
from debasement.

2635
00:58:37,041 --> 00:58:38,666
And like that's to me

2636
00:58:38,666 --> 00:58:39,833
that's success.

2637
00:58:39,875 --> 00:58:42,208
You know, I care more about

2638
00:58:42,208 --> 00:58:43,375
onboarding

2639
00:58:43,416 --> 00:58:44,708
a million families

2640
00:58:45,291 --> 00:58:45,916
than I care

2641
00:58:45,916 --> 00:58:47,375
about million dollar bitcoin

2642
00:58:47,833 --> 00:58:49,041
you know and it

2643
00:58:49,125 --> 00:58:50,250
and if you understand

2644
00:58:50,250 --> 00:58:51,125
the relationship

2645
00:58:51,125 --> 00:58:52,333
you were even like oh

2646
00:58:52,708 --> 00:58:54,208
the former drives the latter.

2647
00:58:54,416 --> 00:58:56,458
And even the amount of nodes

2648
00:58:56,458 --> 00:58:56,916
we have

2649
00:58:56,916 --> 00:58:57,125
you know,

2650
00:58:57,125 --> 00:58:57,541
we have like

2651
00:58:57,541 --> 00:58:58,916
20 some thousand nodes.

2652
00:58:59,416 --> 00:59:00,375
There's 8 billion people

2653
00:59:00,375 --> 00:59:00,833
in the world.

2654
00:59:02,208 --> 00:59:02,791
If we were

2655
00:59:02,791 --> 00:59:03,958
able to,

2656
00:59:04,291 --> 00:59:04,875
you know, add

2657
00:59:04,875 --> 00:59:06,083
a million nodes,

2658
00:59:06,750 --> 00:59:07,416
20,000

2659
00:59:07,416 --> 00:59:08,625
just seems so small.

2660
00:59:08,708 --> 00:59:09,833
What kind of a message

2661
00:59:09,833 --> 00:59:10,791
does that even send?

2662
00:59:10,791 --> 00:59:12,625
You know, it's like it's

2663
00:59:12,625 --> 00:59:14,416
empowering the individual to

2664
00:59:15,000 --> 00:59:16,541
to reclaim their dignity

2665
00:59:16,541 --> 00:59:17,750
as a moral agent,

2666
00:59:17,875 --> 00:59:19,333
to assert themselves,

2667
00:59:19,625 --> 00:59:21,291
you know, as a, as a,

2668
00:59:21,291 --> 00:59:22,583
as the actual force

2669
00:59:22,583 --> 00:59:22,958
that they

2670
00:59:22,958 --> 00:59:25,625
are, in this world.

2671
00:59:25,625 --> 00:59:26,583
And you can do that

2672
00:59:26,583 --> 00:59:28,000
with Bitcoin by reclaiming

2673
00:59:28,000 --> 00:59:29,291
your monetary sovereignty,

2674
00:59:29,416 --> 00:59:30,416
you're reclaiming

2675
00:59:30,416 --> 00:59:31,708
your political sovereignty.

2676
00:59:31,916 --> 00:59:32,958
You know, you're

2677
00:59:32,958 --> 00:59:34,166
you're you're

2678
00:59:34,500 --> 00:59:35,458
you're even reclaiming

2679
00:59:35,458 --> 00:59:36,750
your rational sovereignty.

2680
00:59:36,750 --> 00:59:37,791
You're saying,

2681
00:59:37,791 --> 00:59:39,208
I see the world

2682
00:59:39,208 --> 00:59:40,416
for what it is,

2683
00:59:40,458 --> 00:59:42,458
and I'm not going to buy

2684
00:59:42,625 --> 00:59:44,333
your, your, your fantasy

2685
00:59:44,333 --> 00:59:46,500
little Lala story that

2686
00:59:47,541 --> 00:59:48,541
that value

2687
00:59:48,541 --> 00:59:49,708
comes from nothing.

2688
00:59:49,791 --> 00:59:51,000
You know, I, I just,

2689
00:59:51,000 --> 00:59:51,916
I reject it

2690
00:59:51,916 --> 00:59:53,333
whole whole cloth,

2691
00:59:53,666 --> 00:59:54,125
you know,

2692
00:59:54,125 --> 00:59:55,791
like that's in the book.

2693
00:59:55,791 --> 00:59:56,333
I talk about

2694
00:59:56,333 --> 00:59:57,625
monetary gnosticism

2695
00:59:57,625 --> 01:00:00,333
as like the idea that it's

2696
01:00:00,333 --> 01:00:01,750
just some magical spell,

2697
01:00:01,750 --> 01:00:03,541
this speculative fantasy.

2698
01:00:03,541 --> 01:00:04,500
And if I just

2699
01:00:04,500 --> 01:00:05,333
go along with it

2700
01:00:05,333 --> 01:00:05,916
and believe it,

2701
01:00:05,916 --> 01:00:06,375
like I can

2702
01:00:06,375 --> 01:00:08,041
change the actual structure

2703
01:00:08,041 --> 01:00:09,041
of reality.

2704
01:00:09,041 --> 01:00:10,958
And it's like, no,

2705
01:00:11,833 --> 01:00:13,041
you can't like that's,

2706
01:00:13,500 --> 01:00:14,333
that's that's not

2707
01:00:14,333 --> 01:00:15,916
how reality works.

2708
01:00:16,125 --> 01:00:17,458
Reality is

2709
01:00:17,583 --> 01:00:18,750
what it is.

2710
01:00:18,750 --> 01:00:19,958
I am what,

2711
01:00:20,000 --> 01:00:21,208
you know, a human being.

2712
01:00:21,208 --> 01:00:22,500
I am a human object.

2713
01:00:22,500 --> 01:00:23,833
In reality, I have

2714
01:00:23,833 --> 01:00:25,375
a, you know, a

2715
01:00:25,375 --> 01:00:26,791
subjective experience,

2716
01:00:26,791 --> 01:00:27,958
my consciousness.

2717
01:00:27,958 --> 01:00:29,166
And it's like

2718
01:00:29,250 --> 01:00:30,416
that human object

2719
01:00:30,416 --> 01:00:31,625
with this subjective

2720
01:00:31,625 --> 01:00:33,208
consciousness together is

2721
01:00:33,208 --> 01:00:35,333
what is the whole answer

2722
01:00:35,333 --> 01:00:36,791
of what it is for me

2723
01:00:36,791 --> 01:00:38,000
as a human being.

2724
01:00:38,750 --> 01:00:39,958
I'm just like,

2725
01:00:40,458 --> 01:00:41,125
I don't know, it's

2726
01:00:41,125 --> 01:00:42,041
just kind of

2727
01:00:42,041 --> 01:00:43,250
for someone to say,

2728
01:00:43,458 --> 01:00:44,666
you are not that

2729
01:00:45,208 --> 01:00:46,166
and ask me

2730
01:00:46,166 --> 01:00:47,791
to go along with it is just,

2731
01:00:47,791 --> 01:00:49,708
it's beyond the pale,

2732
01:00:50,291 --> 01:00:51,500
to just

2733
01:00:51,500 --> 01:00:52,708
reject it.

2734
01:00:53,000 --> 01:00:54,083
Yeah, absolutely.

2735
01:00:54,083 --> 01:00:54,958
This is another reason

2736
01:00:54,958 --> 01:00:55,333
why I love

2737
01:00:55,333 --> 01:00:56,666
Austrian economics as well,

2738
01:00:56,708 --> 01:00:57,416
because I feel like

2739
01:00:57,416 --> 01:00:58,583
it's based on reality.

2740
01:00:59,125 --> 01:01:00,541
But I wanted to.

2741
01:01:00,541 --> 01:01:01,250
I just remembered

2742
01:01:01,250 --> 01:01:01,750
something else

2743
01:01:01,750 --> 01:01:02,583
as you were speaking.

2744
01:01:02,583 --> 01:01:03,791
Another part that I really,

2745
01:01:03,791 --> 01:01:05,083
really liked in your book

2746
01:01:05,083 --> 01:01:05,666
was when you were

2747
01:01:05,666 --> 01:01:06,875
talking about the fed

2748
01:01:07,500 --> 01:01:09,083
and the section

2749
01:01:09,083 --> 01:01:10,041
where you were

2750
01:01:10,041 --> 01:01:11,250
explaining that

2751
01:01:11,333 --> 01:01:12,583
it doesn't matter

2752
01:01:12,958 --> 01:01:14,458
what the intention

2753
01:01:14,458 --> 01:01:15,833
was behind

2754
01:01:15,833 --> 01:01:17,291
the design of the system,

2755
01:01:17,291 --> 01:01:18,041
which again,

2756
01:01:18,041 --> 01:01:18,958
I love how you said it.

2757
01:01:18,958 --> 01:01:19,791
It's not broken.

2758
01:01:19,791 --> 01:01:21,041
It's working exactly

2759
01:01:21,041 --> 01:01:22,250
as it's designed.

2760
01:01:22,500 --> 01:01:23,500
So it's working

2761
01:01:23,500 --> 01:01:24,333
perfectly well.

2762
01:01:24,333 --> 01:01:27,000
But,

2763
01:01:27,250 --> 01:01:28,458
do you want to explain

2764
01:01:28,458 --> 01:01:29,458
a little bit about that?

2765
01:01:29,458 --> 01:01:30,416
What you mean like

2766
01:01:30,416 --> 01:01:31,250
when you said, like,

2767
01:01:31,250 --> 01:01:32,041
outcomes

2768
01:01:32,041 --> 01:01:33,416
are the same regardless

2769
01:01:33,416 --> 01:01:35,000
of what the intention is?

2770
01:01:35,333 --> 01:01:35,958
Yeah.

2771
01:01:35,958 --> 01:01:36,791
I love that part.

2772
01:01:38,083 --> 01:01:38,458
Yeah.

2773
01:01:38,458 --> 01:01:39,875
I mean, so, like,

2774
01:01:39,875 --> 01:01:40,916
and this again, this is,

2775
01:01:40,916 --> 01:01:41,458
you know,

2776
01:01:41,458 --> 01:01:42,958
all this is coming

2777
01:01:42,958 --> 01:01:43,541
from this, like,

2778
01:01:43,541 --> 01:01:44,875
deep philosophical,

2779
01:01:45,083 --> 01:01:47,333
you know, foundation,

2780
01:01:47,333 --> 01:01:50,125
in, Aquinas talks about this

2781
01:01:50,125 --> 01:01:51,291
where it's just like,

2782
01:01:51,541 --> 01:01:52,083
you know,

2783
01:01:52,083 --> 01:01:54,000
what are we as a human being?

2784
01:01:54,000 --> 01:01:54,375
What are we

2785
01:01:54,375 --> 01:01:55,583
capable of judging?

2786
01:01:55,791 --> 01:01:57,083
You know, and we

2787
01:01:57,083 --> 01:01:59,541
we judge observable,

2788
01:01:59,541 --> 01:02:00,833
you know, action.

2789
01:02:00,833 --> 01:02:03,041
We judge observable reality.

2790
01:02:03,541 --> 01:02:05,250
I can't it

2791
01:02:05,541 --> 01:02:06,583
he says it's not

2792
01:02:06,583 --> 01:02:07,791
that we're bad at it.

2793
01:02:07,958 --> 01:02:09,250
We're incapable

2794
01:02:09,500 --> 01:02:10,708
of judging

2795
01:02:10,916 --> 01:02:12,208
the hidden interior.

2796
01:02:12,583 --> 01:02:13,291
So, like,

2797
01:02:13,291 --> 01:02:14,416
I can't judge

2798
01:02:14,416 --> 01:02:15,208
what you're thinking.

2799
01:02:15,208 --> 01:02:16,083
I can't judge

2800
01:02:16,083 --> 01:02:16,875
what you're feeling.

2801
01:02:16,875 --> 01:02:18,000
I can't judge

2802
01:02:18,000 --> 01:02:19,166
why you're doing

2803
01:02:19,166 --> 01:02:20,375
the things you're doing.

2804
01:02:20,833 --> 01:02:22,291
I can just judge

2805
01:02:22,833 --> 01:02:23,500
your actual

2806
01:02:23,500 --> 01:02:24,708
observable behavior.

2807
01:02:24,958 --> 01:02:25,708
Like what?

2808
01:02:25,708 --> 01:02:26,083
What what

2809
01:02:26,083 --> 01:02:27,125
is actually happening

2810
01:02:27,125 --> 01:02:27,750
in reality?

2811
01:02:27,750 --> 01:02:29,416
That's what I have access to.

2812
01:02:30,166 --> 01:02:31,791
So a lot of times

2813
01:02:32,041 --> 01:02:33,458
when we're talking about

2814
01:02:33,458 --> 01:02:34,541
the monetary system,

2815
01:02:34,541 --> 01:02:35,458
it's like, oh, well,

2816
01:02:35,458 --> 01:02:36,666
we have to do this

2817
01:02:36,666 --> 01:02:37,291
because, you know,

2818
01:02:37,291 --> 01:02:38,458
we're trying to help

2819
01:02:38,458 --> 01:02:39,458
everybody out.

2820
01:02:39,458 --> 01:02:40,750
You know, we have to

2821
01:02:41,083 --> 01:02:42,833
we have to print the money,

2822
01:02:42,833 --> 01:02:43,583
because the whole thing

2823
01:02:43,583 --> 01:02:44,416
would crash down.

2824
01:02:44,416 --> 01:02:45,208
And we're really doing it

2825
01:02:45,208 --> 01:02:46,375
to help people.

2826
01:02:46,375 --> 01:02:47,583
And it's like,

2827
01:02:47,791 --> 01:02:48,541
you know,

2828
01:02:48,541 --> 01:02:49,708
I don't care

2829
01:02:49,708 --> 01:02:50,083
if you're

2830
01:02:50,083 --> 01:02:51,291
trying to help people.

2831
01:02:51,708 --> 01:02:52,583
I don't care about

2832
01:02:52,583 --> 01:02:53,791
your intentions.

2833
01:02:53,791 --> 01:02:54,750
You might be

2834
01:02:54,750 --> 01:02:56,041
the most benevolent

2835
01:02:56,041 --> 01:02:57,208
good hearted

2836
01:02:57,333 --> 01:02:58,583
person in the world,

2837
01:02:58,958 --> 01:03:01,208
but what you're doing

2838
01:03:01,208 --> 01:03:02,416
is evil.

2839
01:03:02,500 --> 01:03:03,833
What you're doing

2840
01:03:03,833 --> 01:03:05,250
is enslaving people.

2841
01:03:05,250 --> 01:03:06,833
You are extracting

2842
01:03:06,833 --> 01:03:08,666
objectively the value

2843
01:03:08,666 --> 01:03:10,375
people put into their money,

2844
01:03:11,291 --> 01:03:13,791
and that you know it

2845
01:03:13,833 --> 01:03:14,708
because you can take it

2846
01:03:14,708 --> 01:03:15,583
the other side too.

2847
01:03:15,583 --> 01:03:15,958
You could say,

2848
01:03:15,958 --> 01:03:16,416
oh well, you're

2849
01:03:16,416 --> 01:03:17,291
really sinister.

2850
01:03:17,291 --> 01:03:18,541
You're the evil genius,

2851
01:03:18,541 --> 01:03:19,583
and you created this

2852
01:03:19,583 --> 01:03:20,833
perfect mechanism

2853
01:03:21,083 --> 01:03:22,083
to, you know,

2854
01:03:22,083 --> 01:03:23,750
extract all the wealth

2855
01:03:23,750 --> 01:03:25,041
and value from the world

2856
01:03:25,041 --> 01:03:25,791
just for you.

2857
01:03:25,791 --> 01:03:27,000
It's like, you know,

2858
01:03:27,000 --> 01:03:28,375
some people might argue

2859
01:03:28,375 --> 01:03:29,041
that and say,

2860
01:03:29,041 --> 01:03:29,750
oh, you're evil.

2861
01:03:29,750 --> 01:03:30,208
And for that,

2862
01:03:30,208 --> 01:03:31,250
for your intentions.

2863
01:03:31,250 --> 01:03:31,916
And it's like,

2864
01:03:31,916 --> 01:03:32,750
or you can say, oh,

2865
01:03:32,750 --> 01:03:33,958
I'm good because I'm trying.

2866
01:03:33,958 --> 01:03:35,458
It's like, just push

2867
01:03:35,458 --> 01:03:36,666
all that off the table.

2868
01:03:36,958 --> 01:03:38,333
You know, just look at

2869
01:03:39,083 --> 01:03:40,000
objectively

2870
01:03:40,000 --> 01:03:41,208
what's happening,

2871
01:03:41,541 --> 01:03:42,208
you know, like that's

2872
01:03:42,208 --> 01:03:43,750
why in the book I started off

2873
01:03:43,750 --> 01:03:44,083
it just like

2874
01:03:44,083 --> 01:03:44,666
everything

2875
01:03:44,666 --> 01:03:45,875
is to answer this question

2876
01:03:45,875 --> 01:03:47,250
about what is debasement?

2877
01:03:47,416 --> 01:03:48,875
What's happening technically,

2878
01:03:48,875 --> 01:03:50,125
what's happening morally

2879
01:03:51,291 --> 01:03:52,291
throughout the whole book.

2880
01:03:52,291 --> 01:03:53,500
Like that's the

2881
01:03:53,500 --> 01:03:54,541
that's that's the one

2882
01:03:54,541 --> 01:03:56,125
central thing that everything

2883
01:03:56,125 --> 01:03:57,291
is feeding into.

2884
01:03:57,416 --> 01:03:58,583
And at the end,

2885
01:03:58,833 --> 01:03:59,875
you know, answer

2886
01:03:59,875 --> 01:04:00,500
that question

2887
01:04:00,500 --> 01:04:01,708
for yourself honestly.

2888
01:04:02,208 --> 01:04:03,416
And if you don't understand,

2889
01:04:03,416 --> 01:04:04,125
keep digging.

2890
01:04:04,125 --> 01:04:05,291
You know, keep doing.

2891
01:04:05,291 --> 01:04:07,125
I try to show,

2892
01:04:07,708 --> 01:04:08,291
you know,

2893
01:04:08,291 --> 01:04:09,125
and provide you

2894
01:04:09,125 --> 01:04:10,291
with enough stuff

2895
01:04:10,291 --> 01:04:11,250
that you can validate

2896
01:04:11,250 --> 01:04:12,958
and come up with your own

2897
01:04:12,958 --> 01:04:13,833
answer to that.

2898
01:04:13,833 --> 01:04:14,875
But like,

2899
01:04:14,875 --> 01:04:15,208
if you

2900
01:04:15,208 --> 01:04:16,666
can't answer that question

2901
01:04:16,666 --> 01:04:17,375
and you just brush

2902
01:04:17,375 --> 01:04:18,541
it off as like,

2903
01:04:18,541 --> 01:04:19,666
yeah, whatever, it doesn't

2904
01:04:19,666 --> 01:04:20,875
matter, you know?

2905
01:04:21,166 --> 01:04:22,125
Well, you're

2906
01:04:22,125 --> 01:04:22,708
literally just

2907
01:04:22,708 --> 01:04:24,000
that comfortable house slave

2908
01:04:24,625 --> 01:04:26,333
denying, you know,

2909
01:04:26,666 --> 01:04:27,875
what's being like.

2910
01:04:27,916 --> 01:04:28,916
You're seeing

2911
01:04:28,916 --> 01:04:30,083
everyone in the field

2912
01:04:30,125 --> 01:04:31,333
get abused

2913
01:04:31,416 --> 01:04:32,416
and, you know,

2914
01:04:32,416 --> 01:04:33,291
kind of in your heart

2915
01:04:33,291 --> 01:04:34,500
that it's bad.

2916
01:04:34,500 --> 01:04:35,333
And you, you just

2917
01:04:35,333 --> 01:04:36,250
you don't want to look at it.

2918
01:04:36,250 --> 01:04:36,666
You can't

2919
01:04:36,666 --> 01:04:37,875
acknowledge it, man,

2920
01:04:38,125 --> 01:04:39,125
for whatever reason,

2921
01:04:39,125 --> 01:04:40,708
you know, it doesn't matter.

2922
01:04:40,708 --> 01:04:41,250
But like that's

2923
01:04:41,250 --> 01:04:42,416
what you're doing.

2924
01:04:42,625 --> 01:04:43,791
If you if you look away

2925
01:04:43,791 --> 01:04:45,000
from that question

2926
01:04:45,208 --> 01:04:46,208
and you don't answer

2927
01:04:46,208 --> 01:04:47,333
that honestly,

2928
01:04:47,333 --> 01:04:48,125
you are looking

2929
01:04:48,125 --> 01:04:49,416
away from the abuse.

2930
01:04:49,416 --> 01:04:49,833
Yeah,

2931
01:04:50,875 --> 01:04:51,291
yeah.

2932
01:04:51,291 --> 01:04:52,083
Very true.

2933
01:04:52,083 --> 01:04:54,000
Do you

2934
01:04:54,000 --> 01:04:54,958
have any other books

2935
01:04:54,958 --> 01:04:56,500
on the horizon, or did you

2936
01:04:56,541 --> 01:04:57,041
any really

2937
01:04:57,041 --> 01:04:58,375
ever plan to write one?

2938
01:04:59,500 --> 01:05:01,833
I mean, it's kind of funny.

2939
01:05:01,833 --> 01:05:03,041
It was like,

2940
01:05:03,208 --> 01:05:04,583
I didn't really want, like,

2941
01:05:05,458 --> 01:05:05,791
I didn't

2942
01:05:05,791 --> 01:05:07,000
want to write this book.

2943
01:05:07,166 --> 01:05:08,166
You know, I

2944
01:05:08,166 --> 01:05:09,125
this is not a fun.

2945
01:05:09,125 --> 01:05:10,166
This was not a fun.

2946
01:05:10,166 --> 01:05:11,458
Like, yay!

2947
01:05:11,500 --> 01:05:13,541
I'm writing this.

2948
01:05:13,708 --> 01:05:14,958
You know, this this fun

2949
01:05:14,958 --> 01:05:16,166
loving, awesome book is like,

2950
01:05:16,333 --> 01:05:17,541
no, this is like,

2951
01:05:17,875 --> 01:05:18,916
it's heavy

2952
01:05:18,916 --> 01:05:20,125
and it's hard.

2953
01:05:20,375 --> 01:05:22,875
This is the book that I

2954
01:05:22,916 --> 01:05:24,250
had to write because this is,

2955
01:05:24,250 --> 01:05:25,833
it just like

2956
01:05:25,958 --> 01:05:27,166
once I saw it,

2957
01:05:27,375 --> 01:05:28,791
I had to take action,

2958
01:05:28,791 --> 01:05:29,666
and this is how I could

2959
01:05:29,666 --> 01:05:30,833
contribute it.

2960
01:05:31,291 --> 01:05:34,125
But I, just

2961
01:05:34,125 --> 01:05:34,708
with talking

2962
01:05:34,708 --> 01:05:35,916
with my publisher,

2963
01:05:36,041 --> 01:05:37,166
you know,

2964
01:05:37,166 --> 01:05:38,166
we started getting talk

2965
01:05:38,166 --> 01:05:39,666
about, like, The Wizard of Oz

2966
01:05:39,666 --> 01:05:40,166
and how, like,

2967
01:05:40,166 --> 01:05:40,666
that kind of

2968
01:05:40,666 --> 01:05:42,041
monetary allegory,

2969
01:05:42,875 --> 01:05:44,250
you know,

2970
01:05:45,625 --> 01:05:46,750
was how

2971
01:05:46,750 --> 01:05:48,083
it correlated to today

2972
01:05:48,083 --> 01:05:48,833
and how it didn't.

2973
01:05:48,833 --> 01:05:50,041
And it was just like,

2974
01:05:50,541 --> 01:05:51,750
he was like, well,

2975
01:05:51,875 --> 01:05:53,500
just do that.

2976
01:05:53,500 --> 01:05:53,875
You know,

2977
01:05:53,875 --> 01:05:54,958
update the allegory,

2978
01:05:54,958 --> 01:05:56,208
you know, so,

2979
01:05:56,208 --> 01:05:58,125
I, I have the, the,

2980
01:05:58,125 --> 01:05:59,666
the allegorical companion

2981
01:05:59,666 --> 01:06:00,958
to, To Modern Chains,

2982
01:06:00,958 --> 01:06:02,458
which is this basically

2983
01:06:02,625 --> 01:06:03,750
the Wizard of Oz plus

2984
01:06:03,750 --> 01:06:05,125
modern chains together.

2985
01:06:05,125 --> 01:06:06,541
But, I mean, it's,

2986
01:06:06,541 --> 01:06:07,750
that's the fun,

2987
01:06:08,000 --> 01:06:09,208
light, lighthearted,

2988
01:06:09,208 --> 01:06:11,250
kind of take, but it's like,

2989
01:06:11,625 --> 01:06:12,250
it's kind of funny

2990
01:06:12,250 --> 01:06:12,583
because when you're

2991
01:06:12,583 --> 01:06:13,583
doing an allegory

2992
01:06:13,583 --> 01:06:14,791
of an allegory,

2993
01:06:14,875 --> 01:06:15,833
I mean, it's

2994
01:06:15,833 --> 01:06:18,625
it it it it invites laughter

2995
01:06:18,833 --> 01:06:19,916
because it shows

2996
01:06:19,916 --> 01:06:21,416
how absurd

2997
01:06:21,416 --> 01:06:22,625
things are

2998
01:06:22,791 --> 01:06:24,458
that we take serious,

2999
01:06:24,833 --> 01:06:26,125
but they're the same.

3000
01:06:26,250 --> 01:06:27,583
And it's like, I don't know.

3001
01:06:27,750 --> 01:06:28,916
So that

3002
01:06:28,916 --> 01:06:30,125
that kind of was this the

3003
01:06:30,125 --> 01:06:31,125
the last little side

3004
01:06:31,125 --> 01:06:32,375
piece, there, but

3005
01:06:33,166 --> 01:06:33,625
I don't know.

3006
01:06:33,625 --> 01:06:35,125
I'm, I'm going to just

3007
01:06:35,666 --> 01:06:36,416
this is my fight

3008
01:06:36,416 --> 01:06:37,500
now, like,

3009
01:06:37,500 --> 01:06:38,791
this is what I'm doing.

3010
01:06:38,875 --> 01:06:41,333
Until until it's done.

3011
01:06:41,333 --> 01:06:42,541
I mean, even if

3012
01:06:42,958 --> 01:06:44,833
I don't see the end,

3013
01:06:44,833 --> 01:06:45,708
the end of this fight

3014
01:06:45,708 --> 01:06:47,791
like that, this is the fight

3015
01:06:47,916 --> 01:06:49,250
that's bigger than myself.

3016
01:06:49,541 --> 01:06:50,750
That's worth it.

3017
01:06:50,958 --> 01:06:53,125
And it's worth all my effort

3018
01:06:53,125 --> 01:06:54,000
and all my energy

3019
01:06:54,000 --> 01:06:55,208
and all my time.

3020
01:06:55,291 --> 01:06:56,375
You know, because,

3021
01:06:56,375 --> 01:06:57,375
you know, every day

3022
01:06:57,375 --> 01:06:59,208
when I was, was writing,

3023
01:06:59,333 --> 01:07:00,250
you know, I'm thinking like,

3024
01:07:00,250 --> 01:07:01,458
this is for my kids.

3025
01:07:01,583 --> 01:07:03,083
This is for my grandchildren

3026
01:07:03,083 --> 01:07:04,250
that aren't even born yet.

3027
01:07:04,250 --> 01:07:05,125
Like this.

3028
01:07:05,125 --> 01:07:06,541
This is for like,

3029
01:07:06,541 --> 01:07:08,333
that's why I'm doing this.

3030
01:07:08,583 --> 01:07:09,833
Because I have to

3031
01:07:09,833 --> 01:07:11,083
take action today.

3032
01:07:11,083 --> 01:07:12,416
Like, this is my,

3033
01:07:12,416 --> 01:07:13,625
you know,

3034
01:07:14,458 --> 01:07:15,375
I'm not even my.

3035
01:07:15,375 --> 01:07:16,458
This is our burden.

3036
01:07:16,458 --> 01:07:17,750
Like says, I said,

3037
01:07:17,833 --> 01:07:18,291
you know, we

3038
01:07:18,291 --> 01:07:19,541
we do share this moment.

3039
01:07:19,958 --> 01:07:21,291
We all are in this together.

3040
01:07:21,291 --> 01:07:22,916
And this is the fight.

3041
01:07:24,000 --> 01:07:24,750
So we either come

3042
01:07:24,750 --> 01:07:26,000
together and,

3043
01:07:26,458 --> 01:07:28,500
you know, in fiat,

3044
01:07:28,500 --> 01:07:29,458
I mean, it sounds such

3045
01:07:29,458 --> 01:07:30,250
like a lofty,

3046
01:07:30,250 --> 01:07:31,875
like stupid thing,

3047
01:07:31,875 --> 01:07:33,083
but it's like,

3048
01:07:33,250 --> 01:07:33,625
that's why

3049
01:07:33,625 --> 01:07:35,250
I'm so grateful for Bitcoin,

3050
01:07:35,541 --> 01:07:36,458
because we actually

3051
01:07:36,458 --> 01:07:37,666
have a tool

3052
01:07:37,708 --> 01:07:40,875
that is designed to in fiat.

3053
01:07:41,500 --> 01:07:42,458
So it's like

3054
01:07:42,458 --> 01:07:43,666
it just takes us

3055
01:07:44,458 --> 01:07:45,166
picking it up

3056
01:07:45,166 --> 01:07:46,375
and wielding it.

3057
01:07:46,708 --> 01:07:48,541
And you know,

3058
01:07:48,916 --> 01:07:50,125
in the Army,

3059
01:07:50,250 --> 01:07:51,083
you know, you take

3060
01:07:51,083 --> 01:07:52,583
a, an 18 year old kid

3061
01:07:53,500 --> 01:07:55,166
and you train them

3062
01:07:55,166 --> 01:07:56,333
to be proficient

3063
01:07:57,208 --> 01:07:57,791
with weapons

3064
01:07:57,791 --> 01:07:59,000
systems

3065
01:07:59,250 --> 01:08:00,208
within a squad,

3066
01:08:00,208 --> 01:08:01,291
working with others,

3067
01:08:01,291 --> 01:08:03,416
employing tactics to

3068
01:08:03,625 --> 01:08:04,916
to achieve victory.

3069
01:08:04,916 --> 01:08:06,750
And it's like, we'll just

3070
01:08:06,750 --> 01:08:08,125
replicate that, like this.

3071
01:08:08,125 --> 01:08:09,375
It's the same type of fight.

3072
01:08:09,375 --> 01:08:10,166
Like,

3073
01:08:10,166 --> 01:08:11,791
how can we take anybody,

3074
01:08:12,083 --> 01:08:13,291
you know,

3075
01:08:13,291 --> 01:08:14,875
show them, hey, here,

3076
01:08:15,208 --> 01:08:16,083
look at react,

3077
01:08:16,083 --> 01:08:16,916
look at reality,

3078
01:08:16,916 --> 01:08:18,083
look at your life.

3079
01:08:18,291 --> 01:08:19,458
Look at where you want to go.

3080
01:08:20,458 --> 01:08:21,458
Here's a tool that

3081
01:08:21,458 --> 01:08:22,666
will really help you,

3082
01:08:22,750 --> 01:08:24,750
you know, achieve those ends.

3083
01:08:25,208 --> 01:08:26,541
Get proficient with it.

3084
01:08:26,916 --> 01:08:27,875
You know, understand

3085
01:08:27,875 --> 01:08:29,291
self-custody understand

3086
01:08:29,291 --> 01:08:30,000
running a node.

3087
01:08:30,000 --> 01:08:31,458
Understand all these things

3088
01:08:32,291 --> 01:08:32,791
and then

3089
01:08:32,791 --> 01:08:33,958
and then do it,

3090
01:08:34,125 --> 01:08:35,208
you know, and

3091
01:08:35,208 --> 01:08:35,541
kind of back

3092
01:08:35,541 --> 01:08:37,375
to what you're saying about,

3093
01:08:37,375 --> 01:08:38,583
you know,

3094
01:08:39,375 --> 01:08:40,583
even if we're not

3095
01:08:41,250 --> 01:08:42,291
advocating this through,

3096
01:08:42,291 --> 01:08:42,958
if we're not orange

3097
01:08:42,958 --> 01:08:43,500
peeling people

3098
01:08:43,500 --> 01:08:44,666
through the message,

3099
01:08:45,083 --> 01:08:45,833
living

3100
01:08:45,833 --> 01:08:47,208
a good life

3101
01:08:47,458 --> 01:08:48,333
like that

3102
01:08:48,333 --> 01:08:49,708
is going to draw attention

3103
01:08:49,708 --> 01:08:50,916
to, you know, like,

3104
01:08:51,083 --> 01:08:51,958
what are all those free

3105
01:08:51,958 --> 01:08:53,041
people doing over there?

3106
01:08:53,041 --> 01:08:53,666
They look like they're,

3107
01:08:53,666 --> 01:08:54,125
you know,

3108
01:08:54,125 --> 01:08:55,333
they're doing really well.

3109
01:08:55,541 --> 01:08:56,791
They they love life.

3110
01:08:56,791 --> 01:08:57,541
They're having kids.

3111
01:08:57,541 --> 01:08:58,458
They're having families.

3112
01:08:58,458 --> 01:08:59,666
They're having you know,

3113
01:08:59,666 --> 01:09:01,166
they're building communities,

3114
01:09:01,166 --> 01:09:01,625
like they're

3115
01:09:01,625 --> 01:09:02,875
filling their lives

3116
01:09:02,875 --> 01:09:04,458
full of meaning and purpose.

3117
01:09:05,208 --> 01:09:06,125
And I'm sitting

3118
01:09:06,125 --> 01:09:07,500
over here in fiat land

3119
01:09:07,708 --> 01:09:09,291
getting, you know, debased,

3120
01:09:10,541 --> 01:09:11,750
miserable,

3121
01:09:12,208 --> 01:09:13,375
like I'm going to start.

3122
01:09:13,833 --> 01:09:15,125
Well, what what do they got

3123
01:09:15,125 --> 01:09:17,083
that I don't like, you know.

3124
01:09:17,083 --> 01:09:18,125
So it's like even

3125
01:09:18,125 --> 01:09:18,875
even if they're not

3126
01:09:18,875 --> 01:09:19,375
getting it

3127
01:09:19,375 --> 01:09:20,125
through the message

3128
01:09:20,125 --> 01:09:21,625
just by like by living

3129
01:09:21,958 --> 01:09:23,125
a good life

3130
01:09:23,250 --> 01:09:24,625
that will attract others

3131
01:09:24,625 --> 01:09:26,000
to start paying attention.

3132
01:09:26,000 --> 01:09:26,333
Yeah.

3133
01:09:26,333 --> 01:09:27,625
You're so right about that.

3134
01:09:27,625 --> 01:09:30,416
I have, good friends

3135
01:09:30,416 --> 01:09:32,083
that have retired

3136
01:09:32,083 --> 01:09:33,208
thanks to Bitcoin.

3137
01:09:33,208 --> 01:09:34,416
And they still,

3138
01:09:34,416 --> 01:09:36,000
I think, like in their late

3139
01:09:36,000 --> 01:09:37,166
30s potentially,

3140
01:09:37,166 --> 01:09:38,458
I don't know, the real age.

3141
01:09:39,791 --> 01:09:40,333
But yeah,

3142
01:09:40,333 --> 01:09:41,791
they, they've retired.

3143
01:09:41,791 --> 01:09:42,041
They,

3144
01:09:42,041 --> 01:09:43,166
they're having a family.

3145
01:09:43,166 --> 01:09:45,041
And you know, I can't help

3146
01:09:45,041 --> 01:09:45,958
but think how lucky

3147
01:09:45,958 --> 01:09:46,458
those kids

3148
01:09:46,458 --> 01:09:47,083
are to have

3149
01:09:47,083 --> 01:09:48,458
two parents at home.

3150
01:09:48,833 --> 01:09:50,958
Thanks to bitcoin.

3151
01:09:50,958 --> 01:09:52,041
So, so yeah.

3152
01:09:52,041 --> 01:09:53,416
Is, is,

3153
01:09:53,416 --> 01:09:54,375
trying to draw

3154
01:09:54,375 --> 01:09:55,583
as many people out

3155
01:09:55,791 --> 01:09:56,666
so they can tell

3156
01:09:56,666 --> 01:09:58,166
their stories as possible

3157
01:09:58,166 --> 01:09:59,333
out of the community.

3158
01:09:59,541 --> 01:10:00,666
So that other

3159
01:10:00,666 --> 01:10:01,500
people can see,

3160
01:10:01,500 --> 01:10:01,791
you know,

3161
01:10:01,791 --> 01:10:03,000
what is it, Bitcoin?

3162
01:10:03,000 --> 01:10:04,333
How do they live their lives?

3163
01:10:04,333 --> 01:10:05,041
It's probably not

3164
01:10:05,041 --> 01:10:06,208
what most people think.

3165
01:10:06,500 --> 01:10:07,208
Most people

3166
01:10:07,208 --> 01:10:08,125
might think that

3167
01:10:08,125 --> 01:10:09,291
a Bitcoin, or is

3168
01:10:09,541 --> 01:10:10,875
someone who's into crypto

3169
01:10:10,875 --> 01:10:12,125
wants to get massive

3170
01:10:12,125 --> 01:10:13,708
gains, wants to, you know,

3171
01:10:14,708 --> 01:10:16,041
essentially get more fiat.

3172
01:10:16,041 --> 01:10:17,541
And and it's like, no,

3173
01:10:17,541 --> 01:10:18,000
no, no,

3174
01:10:18,000 --> 01:10:19,208
Bitcoin is a trying to have

3175
01:10:19,541 --> 01:10:20,750
less fiat.

3176
01:10:20,833 --> 01:10:22,166
That's the whole point.

3177
01:10:22,583 --> 01:10:25,291
So yeah, I'm kind of

3178
01:10:25,291 --> 01:10:27,083
not trying to do too

3179
01:10:27,083 --> 01:10:28,791
in the book was show

3180
01:10:28,791 --> 01:10:30,000
how the

3181
01:10:30,083 --> 01:10:30,875
the costs,

3182
01:10:30,875 --> 01:10:32,791
the consequences of fiat

3183
01:10:32,791 --> 01:10:34,583
are way beyond

3184
01:10:34,583 --> 01:10:36,583
just the monetary, economic,

3185
01:10:37,041 --> 01:10:38,250
social capital.

3186
01:10:38,875 --> 01:10:40,083
That is a huge,

3187
01:10:41,000 --> 01:10:43,166
I think you say in the book,

3188
01:10:43,166 --> 01:10:44,166
I mean, social capital

3189
01:10:44,166 --> 01:10:44,666
is actually

3190
01:10:44,666 --> 01:10:45,416
the most sovereign

3191
01:10:45,416 --> 01:10:46,416
of all wealth,

3192
01:10:46,416 --> 01:10:47,916
like the relationships

3193
01:10:47,916 --> 01:10:49,208
you have in your life

3194
01:10:49,208 --> 01:10:50,625
are the most important

3195
01:10:50,625 --> 01:10:52,291
things beyond even money.

3196
01:10:53,083 --> 01:10:53,958
It's like a trait

3197
01:10:53,958 --> 01:10:55,166
kind of saying that

3198
01:10:55,500 --> 01:10:56,250
people will say,

3199
01:10:56,250 --> 01:10:57,500
but it is true.

3200
01:10:57,750 --> 01:11:00,416
Like true joy and happiness

3201
01:11:00,416 --> 01:11:01,625
does come through

3202
01:11:01,708 --> 01:11:02,458
other people.

3203
01:11:02,458 --> 01:11:03,000
And having

3204
01:11:03,000 --> 01:11:03,958
those relationships

3205
01:11:03,958 --> 01:11:05,208
and doing things

3206
01:11:05,208 --> 01:11:06,583
for others, you know?

3207
01:11:06,583 --> 01:11:07,875
And when you have

3208
01:11:07,875 --> 01:11:08,875
both parents, you know,

3209
01:11:08,875 --> 01:11:10,208
working 80 hours a week,

3210
01:11:10,375 --> 01:11:10,958
throwing their

3211
01:11:10,958 --> 01:11:12,166
kids in daycare,

3212
01:11:12,291 --> 01:11:13,666
they tuck them in,

3213
01:11:13,666 --> 01:11:14,041
you know,

3214
01:11:14,041 --> 01:11:15,541
at night for five seconds,

3215
01:11:15,541 --> 01:11:16,708
and then they throw them off.

3216
01:11:16,750 --> 01:11:17,333
You know, it's like,

3217
01:11:18,291 --> 01:11:18,875
I don't even know

3218
01:11:18,875 --> 01:11:19,583
my neighbors.

3219
01:11:19,583 --> 01:11:21,041
I can't help somebody

3220
01:11:21,041 --> 01:11:21,833
across the street,

3221
01:11:21,833 --> 01:11:22,500
you know that,

3222
01:11:22,500 --> 01:11:24,083
they're moving.

3223
01:11:24,083 --> 01:11:24,833
I don't have time

3224
01:11:24,833 --> 01:11:25,500
to help them

3225
01:11:25,500 --> 01:11:26,333
unload their truck

3226
01:11:26,333 --> 01:11:27,541
because it's like I'm

3227
01:11:27,541 --> 01:11:29,000
just on this rat

3228
01:11:29,000 --> 01:11:30,208
wheel, you know?

3229
01:11:30,208 --> 01:11:30,833
I'm just.

3230
01:11:30,833 --> 01:11:31,583
I'm just running

3231
01:11:31,583 --> 01:11:32,875
my little Fiat race,

3232
01:11:33,375 --> 01:11:34,500
and,

3233
01:11:34,500 --> 01:11:34,666
like,

3234
01:11:34,666 --> 01:11:35,791
I have time for nothing else.

3235
01:11:35,791 --> 01:11:36,958
Like, just.

3236
01:11:37,208 --> 01:11:38,166
And then it's like,

3237
01:11:38,166 --> 01:11:39,916
why is society crumbling?

3238
01:11:40,166 --> 01:11:41,000
Why is there

3239
01:11:41,000 --> 01:11:42,166
this meaningless crisis?

3240
01:11:42,166 --> 01:11:43,375
Like, why does everyone,

3241
01:11:43,583 --> 01:11:43,833
you know,

3242
01:11:43,833 --> 01:11:45,375
on all these antidepressants

3243
01:11:45,375 --> 01:11:45,833
and all these?

3244
01:11:45,833 --> 01:11:47,250
It's like you can just like

3245
01:11:47,250 --> 01:11:48,000
those are the

3246
01:11:48,000 --> 01:11:49,208
real consequences.

3247
01:11:49,541 --> 01:11:50,333
Fiat doesn't

3248
01:11:50,333 --> 01:11:52,208
just drain the value

3249
01:11:52,208 --> 01:11:53,416
from the money.

3250
01:11:53,750 --> 01:11:54,708
In doing so.

3251
01:11:54,708 --> 01:11:55,916
It also just like

3252
01:11:56,666 --> 01:11:57,125
brushes

3253
01:11:57,125 --> 01:11:58,333
your soul.

3254
01:11:59,000 --> 01:12:00,083
It just degrades

3255
01:12:00,083 --> 01:12:01,083
your human dignity.

3256
01:12:01,083 --> 01:12:02,291
It makes you,

3257
01:12:02,708 --> 01:12:03,041
I think

3258
01:12:03,041 --> 01:12:03,791
was the quote

3259
01:12:03,791 --> 01:12:05,000
in the book, it's like

3260
01:12:05,166 --> 01:12:05,875
it makes you

3261
01:12:05,875 --> 01:12:07,208
less than what you are,

3262
01:12:07,208 --> 01:12:08,000
and it keeps you

3263
01:12:08,000 --> 01:12:09,208
from becoming

3264
01:12:09,250 --> 01:12:10,458
what you ought to be.

3265
01:12:10,708 --> 01:12:11,000
You know,

3266
01:12:11,000 --> 01:12:12,208
it's like it's kind of a two

3267
01:12:12,208 --> 01:12:13,375
fold thing, like it's

3268
01:12:13,708 --> 01:12:15,125
this oppressive weight

3269
01:12:15,416 --> 01:12:16,625
and it's like, that sucks

3270
01:12:16,625 --> 01:12:18,458
in and of itself, that abuse.

3271
01:12:18,750 --> 01:12:20,208
But what's even worse

3272
01:12:20,208 --> 01:12:21,416
is that, like,

3273
01:12:21,458 --> 01:12:22,166
prevents you

3274
01:12:22,166 --> 01:12:23,125
from actually

3275
01:12:23,125 --> 01:12:24,333
getting anywhere,

3276
01:12:24,583 --> 01:12:26,833
and being somebody in

3277
01:12:26,833 --> 01:12:28,041
somebody else's life

3278
01:12:28,125 --> 01:12:28,791
that's like that,

3279
01:12:29,875 --> 01:12:31,083
like when you, when you,

3280
01:12:31,458 --> 01:12:32,958
when I wrap my head around

3281
01:12:32,958 --> 01:12:34,541
just the enormity

3282
01:12:34,541 --> 01:12:35,666
of the abuses.

3283
01:12:35,666 --> 01:12:36,833
Like it,

3284
01:12:37,125 --> 01:12:38,541
it kills me

3285
01:12:38,541 --> 01:12:40,791
like I it,

3286
01:12:41,125 --> 01:12:42,333
I mean,

3287
01:12:42,791 --> 01:12:44,083
if that doesn't fire you

3288
01:12:44,083 --> 01:12:45,333
up about like, hey,

3289
01:12:45,500 --> 01:12:47,250
this is something worth

3290
01:12:47,416 --> 01:12:48,583
my time and energy

3291
01:12:48,583 --> 01:12:50,083
to fight and combat this.

3292
01:12:50,416 --> 01:12:51,375
And it's like, I don't think

3293
01:12:51,375 --> 01:12:51,625
it's like,

3294
01:12:51,625 --> 01:12:52,666
are you even human?

3295
01:12:52,666 --> 01:12:53,875
Like, I don't even know, like

3296
01:12:53,916 --> 01:12:54,833
it's that type

3297
01:12:54,833 --> 01:12:56,041
of a question, like,

3298
01:12:56,458 --> 01:12:59,041
are it lit a fire in me?

3299
01:12:59,041 --> 01:13:00,333
It actualized me

3300
01:13:00,333 --> 01:13:01,875
and it challenged me

3301
01:13:01,875 --> 01:13:03,083
to become

3302
01:13:03,875 --> 01:13:05,083
more than I was.

3303
01:13:05,458 --> 01:13:06,750
And,

3304
01:13:06,750 --> 01:13:07,958
you know, so I'm.

3305
01:13:08,000 --> 01:13:09,041
I'm very blessed.

3306
01:13:09,041 --> 01:13:10,708
I'm blessed to

3307
01:13:11,625 --> 01:13:12,833
for that

3308
01:13:13,458 --> 01:13:14,666
reason.

3309
01:13:15,000 --> 01:13:15,916
Absolutely.

3310
01:13:15,916 --> 01:13:16,333
Yeah.

3311
01:13:16,333 --> 01:13:17,833
I mean, I'm fired up.

3312
01:13:17,833 --> 01:13:19,208
My mom keeps

3313
01:13:19,208 --> 01:13:20,583
telling me to fire down

3314
01:13:20,583 --> 01:13:21,208
because she's like,

3315
01:13:21,208 --> 01:13:22,083
you're burning out

3316
01:13:22,083 --> 01:13:23,250
because of this cause.

3317
01:13:23,250 --> 01:13:24,000
But I'm like, it's

3318
01:13:24,000 --> 01:13:25,000
that important to me

3319
01:13:25,000 --> 01:13:26,208
because I can see,

3320
01:13:26,708 --> 01:13:28,375
how it's ruined.

3321
01:13:28,708 --> 01:13:29,833
Not just our economy,

3322
01:13:29,833 --> 01:13:31,041
but our relationships.

3323
01:13:31,416 --> 01:13:33,750
It ultimately incentivizes

3324
01:13:33,750 --> 01:13:35,000
nihilistic behavior

3325
01:13:35,000 --> 01:13:35,541
in people.

3326
01:13:35,541 --> 01:13:37,041
And and that's what.

3327
01:13:37,041 --> 01:13:38,250
Yeah, I don't

3328
01:13:38,541 --> 01:13:39,500
I just want to go back

3329
01:13:39,500 --> 01:13:41,125
to a world we once had.

3330
01:13:41,708 --> 01:13:43,166
With the technology

3331
01:13:43,166 --> 01:13:44,375
that we have today.

3332
01:13:44,875 --> 01:13:46,333
But you have those,

3333
01:13:46,916 --> 01:13:47,541
you know,

3334
01:13:47,541 --> 01:13:48,958
communities restored,

3335
01:13:48,958 --> 01:13:50,250
relationships restored,

3336
01:13:50,250 --> 01:13:51,958
the nuclear family restored

3337
01:13:51,958 --> 01:13:52,625
because, yeah,

3338
01:13:52,625 --> 01:13:53,500
it incentivizes

3339
01:13:53,500 --> 01:13:54,625
people not to have children,

3340
01:13:54,625 --> 01:13:55,958
not have relationships.

3341
01:13:56,541 --> 01:13:58,083
It's yeah, the

3342
01:13:58,208 --> 01:13:59,500
I can't it's so funny

3343
01:13:59,500 --> 01:14:00,833
because you're right

3344
01:14:00,833 --> 01:14:01,375
in saying that

3345
01:14:01,375 --> 01:14:02,083
once you see it,

3346
01:14:02,083 --> 01:14:03,041
you can't unsee it.

3347
01:14:03,041 --> 01:14:04,666
So now when I'm not,

3348
01:14:04,875 --> 01:14:05,833
when I'm reading a book

3349
01:14:05,833 --> 01:14:07,083
that has nothing to do with

3350
01:14:07,083 --> 01:14:08,291
Bitcoin

3351
01:14:08,458 --> 01:14:09,375
are related back

3352
01:14:09,375 --> 01:14:11,291
to central banking somehow,

3353
01:14:11,291 --> 01:14:12,500
and you can just see

3354
01:14:12,791 --> 01:14:14,000
so many different.

3355
01:14:14,125 --> 01:14:15,708
Like I was reading a book,

3356
01:14:15,708 --> 01:14:17,541
on narcissism

3357
01:14:17,541 --> 01:14:19,375
of all things and,

3358
01:14:19,750 --> 01:14:20,708
and I found a

3359
01:14:20,708 --> 01:14:22,166
pathway to central banking

3360
01:14:22,166 --> 01:14:23,583
because one of the causes

3361
01:14:23,583 --> 01:14:25,208
of narcissistic behavior

3362
01:14:25,208 --> 01:14:27,666
in people is,

3363
01:14:27,666 --> 01:14:28,375
if you

3364
01:14:28,375 --> 01:14:29,583
if you have a child

3365
01:14:29,583 --> 01:14:31,041
that's, you know,

3366
01:14:31,166 --> 01:14:32,375
I guess that

3367
01:14:32,416 --> 01:14:33,625
their nature is,

3368
01:14:33,916 --> 01:14:35,625
they quite needy

3369
01:14:35,666 --> 01:14:36,291
because some kids

3370
01:14:36,291 --> 01:14:37,291
are an idiot and others

3371
01:14:37,291 --> 01:14:38,083
some cry more,

3372
01:14:38,083 --> 01:14:38,875
some, you know,

3373
01:14:38,875 --> 01:14:39,541
need more time

3374
01:14:39,541 --> 01:14:40,666
to settle down.

3375
01:14:40,666 --> 01:14:41,708
And you combine that

3376
01:14:41,708 --> 01:14:42,500
with a parent

3377
01:14:42,500 --> 01:14:44,166
that's absent or,

3378
01:14:44,458 --> 01:14:47,625
neglectful,

3379
01:14:48,208 --> 01:14:49,500
then that is

3380
01:14:49,500 --> 01:14:50,708
like the perfect

3381
01:14:50,750 --> 01:14:51,833
breeding ground

3382
01:14:51,833 --> 01:14:53,458
for narcissistic behavior.

3383
01:14:53,833 --> 01:14:56,083
And if we have a society

3384
01:14:56,083 --> 01:14:57,291
where parents,

3385
01:14:57,458 --> 01:14:59,083
not as present,

3386
01:14:59,958 --> 01:15:00,916
that's potentially

3387
01:15:00,916 --> 01:15:02,125
going to breed

3388
01:15:02,125 --> 01:15:03,500
more narcissistic children,

3389
01:15:03,500 --> 01:15:04,708
and that's like, you just

3390
01:15:04,916 --> 01:15:06,208
it's it's amazing.

3391
01:15:06,208 --> 01:15:08,625
I relate everything back to,

3392
01:15:08,625 --> 01:15:09,916
money printing essentially.

3393
01:15:10,916 --> 01:15:11,125
Yeah.

3394
01:15:11,125 --> 01:15:11,625
It's it's

3395
01:15:11,625 --> 01:15:12,500
creating these little

3396
01:15:12,500 --> 01:15:14,000
these bad feedback loops.

3397
01:15:14,791 --> 01:15:15,791
It's just like it

3398
01:15:15,791 --> 01:15:16,583
just gets worse

3399
01:15:16,583 --> 01:15:17,875
and worse until,

3400
01:15:18,208 --> 01:15:19,291
you know,

3401
01:15:19,291 --> 01:15:20,291
like reality

3402
01:15:20,291 --> 01:15:21,625
will reassert itself.

3403
01:15:21,625 --> 01:15:23,750
Like we can play these games

3404
01:15:23,750 --> 01:15:25,375
of Imagination Land.

3405
01:15:25,875 --> 01:15:28,125
It until reality

3406
01:15:28,125 --> 01:15:29,041
reasserts itself

3407
01:15:29,041 --> 01:15:30,416
when we smack into it

3408
01:15:30,416 --> 01:15:31,083
and it

3409
01:15:31,083 --> 01:15:32,625
it's going to hurt like,

3410
01:15:33,041 --> 01:15:34,208
you know,

3411
01:15:34,208 --> 01:15:35,750
the illusion can't hold

3412
01:15:35,750 --> 01:15:37,000
off reality forever.

3413
01:15:37,000 --> 01:15:38,250
It's just like, I don't know,

3414
01:15:38,250 --> 01:15:39,541
I totally,

3415
01:15:40,833 --> 01:15:41,875
completely resonate

3416
01:15:41,875 --> 01:15:43,458
with like, like what enables

3417
01:15:43,458 --> 01:15:44,166
the system is

3418
01:15:44,166 --> 01:15:45,666
just going along with this.

3419
01:15:46,000 --> 01:15:46,833
And when you,

3420
01:15:46,833 --> 01:15:48,250
it kind of burns

3421
01:15:48,250 --> 01:15:49,458
the candle from both ends

3422
01:15:49,458 --> 01:15:50,541
as like

3423
01:15:50,541 --> 01:15:51,375
when you think of

3424
01:15:51,375 --> 01:15:52,875
yourself as less than,

3425
01:15:53,416 --> 01:15:54,833
you know, this dignified,

3426
01:15:54,833 --> 01:15:56,791
human, rational moral agent

3427
01:15:57,541 --> 01:15:58,166
and you don't think

3428
01:15:58,166 --> 01:15:59,208
you have any power

3429
01:15:59,208 --> 01:15:59,833
and you don't think

3430
01:15:59,833 --> 01:16:00,875
you have any say,

3431
01:16:00,875 --> 01:16:01,500
and you think your

3432
01:16:01,500 --> 01:16:02,708
choices don't matter,

3433
01:16:02,916 --> 01:16:03,666
and you just have.

3434
01:16:03,666 --> 01:16:05,333
You're just this floppy sail

3435
01:16:05,333 --> 01:16:05,875
and the wind

3436
01:16:05,875 --> 01:16:07,083
getting blown around

3437
01:16:07,166 --> 01:16:08,333
like, well,

3438
01:16:08,625 --> 01:16:09,291
you're you're

3439
01:16:09,291 --> 01:16:10,500
easily manipulated,

3440
01:16:10,500 --> 01:16:11,666
like so it's like

3441
01:16:11,791 --> 01:16:12,791
the system

3442
01:16:12,791 --> 01:16:14,333
degrades you in that way.

3443
01:16:14,500 --> 01:16:15,833
And then it makes you easier

3444
01:16:15,833 --> 01:16:18,291
and easier to control

3445
01:16:18,291 --> 01:16:19,500
and to keep,

3446
01:16:19,958 --> 01:16:20,875
to keep moving

3447
01:16:20,875 --> 01:16:22,041
in that same,

3448
01:16:22,250 --> 01:16:23,125
that same line.

3449
01:16:23,125 --> 01:16:24,291
So it's like

3450
01:16:24,625 --> 01:16:25,958
it's really just

3451
01:16:26,333 --> 01:16:27,541
breaking out of it

3452
01:16:27,666 --> 01:16:28,916
and seeing yourself

3453
01:16:28,916 --> 01:16:29,916
for what you are,

3454
01:16:29,916 --> 01:16:31,500
you know, understanding

3455
01:16:31,500 --> 01:16:33,750
what a human being is,

3456
01:16:34,166 --> 01:16:35,458
understanding why

3457
01:16:35,458 --> 01:16:36,750
rationality and free

3458
01:16:36,750 --> 01:16:37,958
will put together

3459
01:16:38,666 --> 01:16:39,833
create this like

3460
01:16:40,208 --> 01:16:41,375
immense dignity

3461
01:16:41,375 --> 01:16:42,833
within you

3462
01:16:43,083 --> 01:16:45,041
and that you are worth it.

3463
01:16:45,041 --> 01:16:45,958
You are,

3464
01:16:47,458 --> 01:16:47,958
even, even

3465
01:16:47,958 --> 01:16:49,166
like you

3466
01:16:49,166 --> 01:16:50,291
are worth the effort.

3467
01:16:50,291 --> 01:16:51,208
Like you talked

3468
01:16:51,208 --> 01:16:52,250
about burning out.

3469
01:16:52,250 --> 01:16:53,333
And it's like the thing

3470
01:16:53,333 --> 01:16:54,958
that I've experienced with

3471
01:16:54,958 --> 01:16:56,125
this is

3472
01:16:56,458 --> 01:16:58,291
this has been more energizing

3473
01:16:58,291 --> 01:16:59,333
than anything.

3474
01:16:59,333 --> 01:17:00,000
Like,

3475
01:17:00,000 --> 01:17:02,708
I have been burnt out at work

3476
01:17:02,958 --> 01:17:04,666
where the drudgery

3477
01:17:04,666 --> 01:17:05,875
and you have to just

3478
01:17:05,875 --> 01:17:07,000
pick yourself up

3479
01:17:07,000 --> 01:17:08,583
and drag yourself in like,

3480
01:17:08,916 --> 01:17:09,875
that's horrible.

3481
01:17:09,875 --> 01:17:11,541
I don't have to do that

3482
01:17:11,875 --> 01:17:12,833
when I'm working on

3483
01:17:12,833 --> 01:17:14,041
these projects.

3484
01:17:15,416 --> 01:17:16,583
My output is

3485
01:17:17,916 --> 01:17:18,750
the I've

3486
01:17:18,750 --> 01:17:19,875
been more productive

3487
01:17:19,875 --> 01:17:21,208
in in these endeavors

3488
01:17:21,208 --> 01:17:22,833
than anything I've ever done.

3489
01:17:23,125 --> 01:17:24,333
And it just is like,

3490
01:17:24,625 --> 01:17:25,333
you know, it's

3491
01:17:25,333 --> 01:17:26,583
the positive feedback loop

3492
01:17:26,583 --> 01:17:26,875
in the

3493
01:17:26,875 --> 01:17:28,125
in the other direction.

3494
01:17:28,708 --> 01:17:29,916
The success.

3495
01:17:30,541 --> 01:17:30,750
I know,

3496
01:17:30,750 --> 01:17:31,958
you see, the more

3497
01:17:31,958 --> 01:17:33,208
I work, the harder

3498
01:17:33,208 --> 01:17:34,416
I work,

3499
01:17:34,458 --> 01:17:34,958
the more

3500
01:17:34,958 --> 01:17:36,458
the the more I see,

3501
01:17:36,541 --> 01:17:38,166
accomplished.

3502
01:17:38,291 --> 01:17:40,041
It just fuels me even more.

3503
01:17:40,375 --> 01:17:41,583
So, you know,

3504
01:17:41,583 --> 01:17:43,500
I, I, I don't

3505
01:17:44,083 --> 01:17:45,375
I hope I don't burnout

3506
01:17:46,208 --> 01:17:47,041
in that sense.

3507
01:17:47,041 --> 01:17:48,000
Yeah.

3508
01:17:48,000 --> 01:17:49,166
It's a different kind of,

3509
01:17:49,166 --> 01:17:49,541
you know,

3510
01:17:50,666 --> 01:17:51,625
it's a different kind of

3511
01:17:51,625 --> 01:17:51,958
burnout

3512
01:17:51,958 --> 01:17:52,416
because I'm not

3513
01:17:52,416 --> 01:17:53,125
burning out like,

3514
01:17:53,125 --> 01:17:54,416
I was burning out in fiat

3515
01:17:54,416 --> 01:17:55,291
because I felt like

3516
01:17:55,291 --> 01:17:56,833
a sense of hopelessness.

3517
01:17:56,833 --> 01:17:58,041
And and you know what?

3518
01:17:58,166 --> 01:17:59,333
What is the purpose of

3519
01:17:59,333 --> 01:18:00,000
all of this?

3520
01:18:00,000 --> 01:18:01,041
It's more burning out

3521
01:18:01,041 --> 01:18:02,541
from just a constant

3522
01:18:02,541 --> 01:18:03,750
cell, like,

3523
01:18:04,000 --> 01:18:04,958
feeling of,

3524
01:18:04,958 --> 01:18:06,166
am I doing enough?

3525
01:18:06,458 --> 01:18:07,541
Am I doing enough?

3526
01:18:07,541 --> 01:18:09,208
And and just

3527
01:18:09,208 --> 01:18:10,416
trying just.

3528
01:18:10,416 --> 01:18:11,916
Yeah, I spend a lot of time,

3529
01:18:12,208 --> 01:18:13,916
even, like, on social media,

3530
01:18:13,916 --> 01:18:15,166
trying to create content,

3531
01:18:15,166 --> 01:18:16,375
sometimes hours

3532
01:18:16,833 --> 01:18:17,791
to post something

3533
01:18:17,791 --> 01:18:18,291
that I think

3534
01:18:18,291 --> 01:18:19,583
might help people, but

3535
01:18:19,583 --> 01:18:20,791
then it doesn't really

3536
01:18:20,791 --> 01:18:22,041
get much engagement,

3537
01:18:22,250 --> 01:18:23,250
but it just goes to show

3538
01:18:23,250 --> 01:18:23,541
as well

3539
01:18:23,541 --> 01:18:27,416
how early we are in this,

3540
01:18:27,416 --> 01:18:29,125
not that many conversations

3541
01:18:29,125 --> 01:18:30,750
out there that are trying to,

3542
01:18:31,583 --> 01:18:32,208
I guess,

3543
01:18:32,208 --> 01:18:33,583
tell this story that I am

3544
01:18:33,583 --> 01:18:35,000
a lot of Bitcoin

3545
01:18:35,000 --> 01:18:36,416
related content out

3546
01:18:36,416 --> 01:18:37,791
there is about price

3547
01:18:37,791 --> 01:18:40,208
and about, yeah,

3548
01:18:40,583 --> 01:18:41,833
some macro

3549
01:18:41,833 --> 01:18:43,041
things.

3550
01:18:43,041 --> 01:18:44,250
I'm trying to,

3551
01:18:44,625 --> 01:18:45,958
I guess, put a more feminine

3552
01:18:45,958 --> 01:18:46,583
spin on it.

3553
01:18:46,583 --> 01:18:47,791
Talk about,

3554
01:18:48,041 --> 01:18:49,291
a talk about price as well,

3555
01:18:49,291 --> 01:18:50,000
because obviously that's

3556
01:18:50,000 --> 01:18:51,500
what people appeal to.

3557
01:18:51,791 --> 01:18:52,916
But I also,

3558
01:18:52,916 --> 01:18:53,875
I try to focus on

3559
01:18:53,875 --> 01:18:55,250
the foundations more,

3560
01:18:55,583 --> 01:18:57,000
I try to focus on the

3561
01:18:57,000 --> 01:18:58,166
why I'm like,

3562
01:18:58,166 --> 01:18:59,458
doing all sorts of things,

3563
01:18:59,458 --> 01:19:00,666
testing what works,

3564
01:19:00,666 --> 01:19:02,250
sometimes even using humor.

3565
01:19:02,250 --> 01:19:03,750
Like we spoke about before.

3566
01:19:03,750 --> 01:19:05,000
Humor can be very

3567
01:19:05,000 --> 01:19:06,208
powerful tool

3568
01:19:06,666 --> 01:19:08,375
to a point,

3569
01:19:08,375 --> 01:19:09,666
to the absurdity

3570
01:19:09,666 --> 01:19:10,583
of something.

3571
01:19:10,583 --> 01:19:11,666
So I can't wait

3572
01:19:11,666 --> 01:19:13,125
for your second book.

3573
01:19:13,125 --> 01:19:14,666
I think that's going to be

3574
01:19:15,208 --> 01:19:16,458
a really awesome read.

3575
01:19:16,500 --> 01:19:17,250
Do you, do you

3576
01:19:17,250 --> 01:19:18,500
do you have a date as to

3577
01:19:18,500 --> 01:19:19,375
when that might get it

3578
01:19:19,375 --> 01:19:21,166
released, or is it

3579
01:19:21,750 --> 01:19:22,708
it was like last week

3580
01:19:22,708 --> 01:19:23,583
or something like that.

3581
01:19:23,583 --> 01:19:24,583
Well, ready.

3582
01:19:24,583 --> 01:19:25,041
Okay.

3583
01:19:25,041 --> 01:19:27,208
So, where can we

3584
01:19:27,416 --> 01:19:28,333
can we purchase it

3585
01:19:28,333 --> 01:19:29,750
already like on Amazon?

3586
01:19:30,791 --> 01:19:31,041
Yeah.

3587
01:19:31,041 --> 01:19:31,208
Yeah.

3588
01:19:31,208 --> 01:19:31,875
So I mean,

3589
01:19:31,875 --> 01:19:32,958
everything that I do

3590
01:19:32,958 --> 01:19:35,125
is, is on modern chains.com.

3591
01:19:35,125 --> 01:19:36,375
Like that's kind of my,

3592
01:19:36,916 --> 01:19:37,541
my hub.

3593
01:19:37,541 --> 01:19:38,541
So anything

3594
01:19:38,541 --> 01:19:40,125
anything that's related to me

3595
01:19:40,166 --> 01:19:41,375
how to find me,

3596
01:19:42,375 --> 01:19:43,458
anything that I'm doing

3597
01:19:43,458 --> 01:19:44,666
it will be on on

3598
01:19:44,666 --> 01:19:45,833
modern chains.com.

3599
01:19:46,166 --> 01:19:47,541
Just kind of the,

3600
01:19:48,208 --> 01:19:49,291
the one stop shop

3601
01:19:49,291 --> 01:19:50,625
for for anything

3602
01:19:50,625 --> 01:19:51,833
if you're interested.

3603
01:19:52,208 --> 01:19:53,416
You know.

3604
01:19:54,375 --> 01:19:55,333
And to me

3605
01:19:55,333 --> 01:19:56,541
I don't it's like

3606
01:19:56,625 --> 01:19:57,625
if I could give everybody

3607
01:19:57,625 --> 01:19:59,250
in the world modern chains.

3608
01:19:59,708 --> 01:20:01,333
I would like the message,

3609
01:20:01,333 --> 01:20:02,666
like spreading the message

3610
01:20:03,000 --> 01:20:04,291
is the important part.

3611
01:20:04,875 --> 01:20:06,708
But it's kind of funny.

3612
01:20:06,708 --> 01:20:07,833
Like,

3613
01:20:07,833 --> 01:20:08,583
the ideas

3614
01:20:08,583 --> 01:20:09,750
could be the exact same.

3615
01:20:09,750 --> 01:20:10,416
But if you don't

3616
01:20:10,416 --> 01:20:11,291
put them in a book,

3617
01:20:11,291 --> 01:20:12,500
it's like people don't think

3618
01:20:12,541 --> 01:20:13,375
it's like it gives it

3619
01:20:13,375 --> 01:20:15,208
like a level of legitimacy

3620
01:20:15,208 --> 01:20:16,166
that maybe someone

3621
01:20:16,166 --> 01:20:17,875
will consider, you know?

3622
01:20:18,208 --> 01:20:19,708
But if you don't have a book,

3623
01:20:19,750 --> 01:20:20,958
you're just kind of

3624
01:20:21,000 --> 01:20:22,541
some lunatic, you know,

3625
01:20:23,125 --> 01:20:24,541
stating some crazy stuff

3626
01:20:24,541 --> 01:20:25,083
or whatever.

3627
01:20:25,083 --> 01:20:27,333
Like they just is a reason

3628
01:20:27,333 --> 01:20:28,708
for someone to blow you off,

3629
01:20:29,333 --> 01:20:30,375
you know?

3630
01:20:30,375 --> 01:20:31,583
But yeah, well,

3631
01:20:31,583 --> 01:20:33,291
we're all crazy until.

3632
01:20:33,291 --> 01:20:35,333
Yeah, it's it's never popular

3633
01:20:35,333 --> 01:20:36,666
to be right too

3634
01:20:36,666 --> 01:20:37,958
soon or too early.

3635
01:20:37,958 --> 01:20:40,291
But I, Yeah,

3636
01:20:40,333 --> 01:20:41,708
I ultimately believe that

3637
01:20:41,708 --> 01:20:43,875
truth prevails and and cannot

3638
01:20:44,875 --> 01:20:47,041
be suppressed for too long.

3639
01:20:47,083 --> 01:20:48,625
No, I said reality

3640
01:20:48,625 --> 01:20:49,541
reasserts itself.

3641
01:20:49,541 --> 01:20:50,041
That's the

3642
01:20:50,041 --> 01:20:50,875
that's the one thing

3643
01:20:50,875 --> 01:20:53,500
that all history, proves.

3644
01:20:53,541 --> 01:20:55,583
Yeah, absolutely.

3645
01:20:55,916 --> 01:20:57,083
And then

3646
01:20:57,083 --> 01:20:58,375
as a final question,

3647
01:20:58,375 --> 01:20:59,916
do you have any plans to come

3648
01:20:59,916 --> 01:21:01,125
to Australia

3649
01:21:01,541 --> 01:21:02,750
with your family?

3650
01:21:03,583 --> 01:21:07,333
Not not currently,

3651
01:21:07,333 --> 01:21:09,000
no, but no. Okay.

3652
01:21:09,291 --> 01:21:09,541
Yeah.

3653
01:21:09,541 --> 01:21:10,708
Yeah, that that would be

3654
01:21:10,708 --> 01:21:11,916
a bucket list type of thing.

3655
01:21:11,916 --> 01:21:13,125
Like if,

3656
01:21:14,333 --> 01:21:15,416
I definitely like

3657
01:21:15,416 --> 01:21:15,833
that would just

3658
01:21:15,833 --> 01:21:16,500
be really cool.

3659
01:21:16,500 --> 01:21:17,875
A cool trip, you know?

3660
01:21:17,958 --> 01:21:19,166
Yeah.

3661
01:21:19,666 --> 01:21:20,250
It's a really

3662
01:21:20,250 --> 01:21:21,458
beautiful place.

3663
01:21:21,625 --> 01:21:22,750
I highly recommend it.

3664
01:21:22,750 --> 01:21:23,791
If you do come.

3665
01:21:23,791 --> 01:21:25,166
I would recommend that

3666
01:21:25,166 --> 01:21:27,750
you guys come around March.

3667
01:21:27,750 --> 01:21:28,625
That's the bit

3668
01:21:28,625 --> 01:21:29,875
of a Bitcoin season

3669
01:21:29,875 --> 01:21:31,083
in Australia.

3670
01:21:31,083 --> 01:21:32,083
We have,

3671
01:21:32,083 --> 01:21:33,541
Bitcoin alive in March

3672
01:21:33,541 --> 01:21:35,333
and then also in Victoria.

3673
01:21:35,333 --> 01:21:36,625
In Beechworth there's a

3674
01:21:36,958 --> 01:21:38,458
there's a Bitcoin Bush bash.

3675
01:21:38,458 --> 01:21:39,666
And that's a very popular

3676
01:21:39,666 --> 01:21:41,333
sort of grassroots event.

3677
01:21:41,625 --> 01:21:42,208
And they both

3678
01:21:42,208 --> 01:21:42,958
happen in March.

3679
01:21:42,958 --> 01:21:43,500
So when we

3680
01:21:43,500 --> 01:21:45,541
get international guests

3681
01:21:45,916 --> 01:21:47,250
they tend to go to both.

3682
01:21:47,833 --> 01:21:49,125
And then I also

3683
01:21:49,291 --> 01:21:50,250
very much recommend

3684
01:21:50,250 --> 01:21:50,958
coming up.

3685
01:21:50,958 --> 01:21:53,666
Driving up to Byron

3686
01:21:53,666 --> 01:21:54,750
and yeah,

3687
01:21:54,750 --> 01:21:55,916
the eastern states

3688
01:21:55,916 --> 01:21:57,125
are really, really beautiful.

3689
01:21:57,458 --> 01:21:59,041
So lucky to live here.

3690
01:21:59,041 --> 01:22:00,291
So hopefully you guys will

3691
01:22:00,291 --> 01:22:01,500
come one day.

3692
01:22:01,666 --> 01:22:02,541
Yeah.

3693
01:22:02,541 --> 01:22:03,333
If I could just say

3694
01:22:03,333 --> 01:22:04,375
one last final thing,

3695
01:22:04,375 --> 01:22:05,458
I'd like to.

3696
01:22:05,458 --> 01:22:06,375
The bitcoiners,

3697
01:22:06,375 --> 01:22:07,708
you know, that that loves

3698
01:22:07,708 --> 01:22:08,500
the macro

3699
01:22:08,500 --> 01:22:09,791
and is drawn to that.

3700
01:22:09,791 --> 01:22:10,666
And that's your thing.

3701
01:22:10,666 --> 01:22:12,333
Like I got no issue with,

3702
01:22:12,333 --> 01:22:13,833
with that type of approach.

3703
01:22:13,833 --> 01:22:14,583
And that does work

3704
01:22:14,583 --> 01:22:15,291
for some people.

3705
01:22:15,291 --> 01:22:16,958
But I would just offer you

3706
01:22:16,958 --> 01:22:18,166
to just say, you know,

3707
01:22:18,291 --> 01:22:19,500
at least

3708
01:22:19,583 --> 01:22:20,291
be interested

3709
01:22:20,291 --> 01:22:22,000
enough in the moral stuff

3710
01:22:22,458 --> 01:22:23,250
so you can put it in

3711
01:22:23,250 --> 01:22:24,541
your toolkit, you know,

3712
01:22:24,541 --> 01:22:25,833
so you have it, you know,

3713
01:22:27,208 --> 01:22:28,291
if you're trying to

3714
01:22:28,291 --> 01:22:28,791
talk to

3715
01:22:28,791 --> 01:22:30,208
your uncle at Thanksgiving

3716
01:22:30,208 --> 01:22:31,416
and they're just

3717
01:22:31,750 --> 01:22:33,000
none of the economic stuff

3718
01:22:33,000 --> 01:22:34,166
that you love

3719
01:22:34,416 --> 01:22:35,833
is getting through you know,

3720
01:22:36,250 --> 01:22:38,333
just just hit him with some

3721
01:22:38,333 --> 01:22:38,625
hit him

3722
01:22:38,625 --> 01:22:39,541
with some moral stuff,

3723
01:22:39,541 --> 01:22:40,291
you know,

3724
01:22:40,291 --> 01:22:41,458
just just ask him

3725
01:22:41,458 --> 01:22:42,583
those moral questions.

3726
01:22:42,583 --> 01:22:42,958
Hey, what's

3727
01:22:42,958 --> 01:22:44,375
your answer to these things?

3728
01:22:44,375 --> 01:22:45,583
And,

3729
01:22:45,750 --> 01:22:47,125
you know, again,

3730
01:22:47,125 --> 01:22:48,291
even if nothing happens

3731
01:22:48,291 --> 01:22:49,291
at the table,

3732
01:22:49,291 --> 01:22:50,750
maybe it just plants to seed

3733
01:22:50,750 --> 01:22:52,041
just enough that, like,

3734
01:22:52,916 --> 01:22:53,625
it could,

3735
01:22:53,625 --> 01:22:54,500
get through to him

3736
01:22:54,500 --> 01:22:55,708
at the end.

3737
01:22:56,041 --> 01:22:56,833
Yeah.

3738
01:22:56,833 --> 01:22:58,291
You just reminded me

3739
01:22:58,291 --> 01:22:59,500
of one more thing.

3740
01:22:59,500 --> 01:23:01,000
In the book,

3741
01:23:01,000 --> 01:23:02,333
you write towards the end,

3742
01:23:02,375 --> 01:23:03,166
like, questions

3743
01:23:03,166 --> 01:23:03,916
that you can ask

3744
01:23:03,916 --> 01:23:05,125
your politicians

3745
01:23:05,125 --> 01:23:06,791
to hold them accountable,

3746
01:23:07,166 --> 01:23:08,833
for why they perpetuate

3747
01:23:08,833 --> 01:23:10,041
this system.

3748
01:23:10,041 --> 01:23:11,875
And, and I was reading them

3749
01:23:11,875 --> 01:23:12,125
and, like,

3750
01:23:12,125 --> 01:23:12,541
they're great

3751
01:23:12,541 --> 01:23:13,750
questions to ask, but

3752
01:23:14,041 --> 01:23:15,541
I feel like in Australia,

3753
01:23:15,541 --> 01:23:17,166
we're so far behind

3754
01:23:17,416 --> 01:23:18,416
the US.

3755
01:23:18,416 --> 01:23:19,041
I know

3756
01:23:19,041 --> 01:23:20,541
you guys have politicians

3757
01:23:20,541 --> 01:23:21,416
that are bitcoiners.

3758
01:23:21,416 --> 01:23:22,500
They really understand,

3759
01:23:22,500 --> 01:23:23,125
and I watch,

3760
01:23:23,125 --> 01:23:24,500
I watch, they talks and

3761
01:23:24,750 --> 01:23:26,041
and they really understand

3762
01:23:26,041 --> 01:23:27,000
and they fall back

3763
01:23:27,000 --> 01:23:28,166
fully behind it.

3764
01:23:28,166 --> 01:23:29,458
Some obviously

3765
01:23:29,458 --> 01:23:30,166
more than others.

3766
01:23:30,166 --> 01:23:31,083
But in Australia

3767
01:23:31,083 --> 01:23:31,833
we don't really

3768
01:23:31,833 --> 01:23:33,041
have a single one,

3769
01:23:33,083 --> 01:23:33,833
maybe like the

3770
01:23:33,833 --> 01:23:35,125
Libertarian Party

3771
01:23:35,291 --> 01:23:36,500
understands Bitcoin,

3772
01:23:36,500 --> 01:23:38,000
but other than that, all the,

3773
01:23:38,250 --> 01:23:39,416
you know,

3774
01:23:39,416 --> 01:23:40,666
the two big parties,

3775
01:23:40,875 --> 01:23:42,375
we're not there yet

3776
01:23:42,375 --> 01:23:44,083
and and I can even like

3777
01:23:44,083 --> 01:23:45,000
I was just laughing

3778
01:23:45,000 --> 01:23:45,416
a little bit

3779
01:23:45,416 --> 01:23:46,708
because I imagine

3780
01:23:46,708 --> 01:23:47,583
if we did ask them

3781
01:23:47,583 --> 01:23:48,250
these questions

3782
01:23:48,250 --> 01:23:48,958
that would just like

3783
01:23:48,958 --> 01:23:49,625
blank out.

3784
01:23:51,458 --> 01:23:51,833
Yeah,

3785
01:23:51,833 --> 01:23:53,041
I mean, it, it

3786
01:23:53,041 --> 01:23:54,458
it makes them make

3787
01:23:54,458 --> 01:23:55,916
the implicit explicit.

3788
01:23:56,458 --> 01:23:57,458
It outs them

3789
01:23:57,458 --> 01:23:58,666
as either,

3790
01:23:59,250 --> 01:23:59,708
oh, I

3791
01:23:59,708 --> 01:24:00,500
actually understand

3792
01:24:00,500 --> 01:24:01,041
the problem.

3793
01:24:01,041 --> 01:24:03,541
And then I'll take action or

3794
01:24:03,625 --> 01:24:04,375
I don't know what

3795
01:24:04,375 --> 01:24:05,583
the problem is

3796
01:24:05,625 --> 01:24:07,291
or I'm complicit.

3797
01:24:07,375 --> 01:24:08,541
You know, it it

3798
01:24:08,958 --> 01:24:09,750
it makes them

3799
01:24:09,750 --> 01:24:10,916
show their hand.

3800
01:24:11,041 --> 01:24:12,333
And when you have

3801
01:24:13,000 --> 01:24:14,125
when you ask the questions

3802
01:24:14,125 --> 01:24:15,541
in such a way, like you're

3803
01:24:15,541 --> 01:24:16,708
really trying to

3804
01:24:17,083 --> 01:24:18,250
the nature of a politician

3805
01:24:18,250 --> 01:24:19,583
is to slip out of an answer.

3806
01:24:19,916 --> 01:24:21,041
So you're trying to paint

3807
01:24:21,041 --> 01:24:22,250
them into the corner

3808
01:24:22,541 --> 01:24:24,583
and make them address it.

3809
01:24:26,041 --> 01:24:26,958
It's like

3810
01:24:26,958 --> 01:24:28,291
politicians are still

3811
01:24:28,416 --> 01:24:28,875
they're out

3812
01:24:28,875 --> 01:24:29,333
for their own

3813
01:24:29,333 --> 01:24:30,791
self-interest, too, you know?

3814
01:24:30,791 --> 01:24:33,333
So when the people demand

3815
01:24:33,333 --> 01:24:34,541
these things,

3816
01:24:35,875 --> 01:24:37,458
a crafty politician

3817
01:24:37,458 --> 01:24:38,708
will see that market

3818
01:24:38,708 --> 01:24:39,458
opportunity

3819
01:24:39,458 --> 01:24:40,583
and take advantage of it.

3820
01:24:40,583 --> 01:24:42,083
Like even if they're not

3821
01:24:42,208 --> 01:24:43,291
a bitcoiners,

3822
01:24:43,291 --> 01:24:44,125
they'll say

3823
01:24:44,125 --> 01:24:45,625
all the people want

3824
01:24:46,500 --> 01:24:47,666
Bitcoin.

3825
01:24:48,041 --> 01:24:48,875
I'll be that

3826
01:24:48,875 --> 01:24:50,041
Bitcoin politician.

3827
01:24:50,041 --> 01:24:51,208
We see that all the time.

3828
01:24:51,708 --> 01:24:52,375
You know

3829
01:24:52,375 --> 01:24:53,250
the pandering.

3830
01:24:53,250 --> 01:24:54,166
And it's like,

3831
01:24:54,166 --> 01:24:55,916
well the thing is, is

3832
01:24:55,916 --> 01:24:56,666
you can get them

3833
01:24:56,666 --> 01:24:57,416
you can get them to

3834
01:24:57,416 --> 01:24:58,291
go down that road.

3835
01:24:58,291 --> 01:24:59,041
And then it's it's

3836
01:24:59,041 --> 01:25:00,333
holding them to account

3837
01:25:00,666 --> 01:25:01,416
for the action.

3838
01:25:01,416 --> 01:25:02,541
Like leadership

3839
01:25:02,541 --> 01:25:03,125
is all about

3840
01:25:03,125 --> 01:25:04,750
delivering results.

3841
01:25:05,125 --> 01:25:06,125
And just because you say

3842
01:25:06,125 --> 01:25:06,541
the thing

3843
01:25:06,541 --> 01:25:07,375
and you brief it right

3844
01:25:07,375 --> 01:25:07,791
and it's all

3845
01:25:07,791 --> 01:25:09,000
politically correct.

3846
01:25:09,458 --> 01:25:10,041
You know, again,

3847
01:25:10,041 --> 01:25:10,458
I don't

3848
01:25:10,458 --> 01:25:11,666
care about your intention.

3849
01:25:11,791 --> 01:25:12,708
I don't care what you are

3850
01:25:12,708 --> 01:25:13,916
trying to do.

3851
01:25:14,041 --> 01:25:15,291
What are you delivering?

3852
01:25:15,625 --> 01:25:17,041
What is the proof of work?

3853
01:25:17,041 --> 01:25:17,541
You know,

3854
01:25:18,541 --> 01:25:19,708
and I look

3855
01:25:20,250 --> 01:25:20,750
I look

3856
01:25:20,750 --> 01:25:21,958
out at what,

3857
01:25:22,000 --> 01:25:24,208
know, the political, but

3858
01:25:25,250 --> 01:25:26,291
the political fruit

3859
01:25:26,291 --> 01:25:27,458
that our politicians

3860
01:25:27,458 --> 01:25:28,750
have been delivering to us.

3861
01:25:28,750 --> 01:25:30,625
And it's like it just,

3862
01:25:31,916 --> 01:25:32,375
all they've

3863
01:25:32,375 --> 01:25:33,791
delivered is worthy of our,

3864
01:25:33,791 --> 01:25:35,458
ridicule and contempt.

3865
01:25:36,083 --> 01:25:36,541
It's not.

3866
01:25:36,541 --> 01:25:37,166
It's not good.

3867
01:25:37,166 --> 01:25:39,208
Yeah, absolutely.

3868
01:25:39,583 --> 01:25:40,250
Absolutely.

3869
01:25:40,250 --> 01:25:40,500
I'm.

3870
01:25:40,500 --> 01:25:41,750
I'm very hopeful.

3871
01:25:42,833 --> 01:25:43,375
I hope

3872
01:25:43,375 --> 01:25:44,583
I'll live long enough

3873
01:25:44,583 --> 01:25:46,000
to see the change.

3874
01:25:47,041 --> 01:25:47,666
Do you have

3875
01:25:47,666 --> 01:25:49,083
do you have a timeline as to

3876
01:25:49,291 --> 01:25:50,750
like any predictions

3877
01:25:50,750 --> 01:25:52,375
as to how long

3878
01:25:52,375 --> 01:25:52,916
you think

3879
01:25:52,916 --> 01:25:54,166
it might take for us

3880
01:25:54,166 --> 01:25:55,958
to get where we want to be

3881
01:25:57,250 --> 01:25:58,458
for society?

3882
01:25:58,541 --> 01:26:00,083
I don't I,

3883
01:26:00,083 --> 01:26:01,791
I don't I'm not a prophet.

3884
01:26:02,125 --> 01:26:04,458
But the cool thing about

3885
01:26:04,666 --> 01:26:07,500
Bitcoin is that,

3886
01:26:07,500 --> 01:26:08,833
I get to decide

3887
01:26:09,000 --> 01:26:10,166
when I'm free.

3888
01:26:10,791 --> 01:26:11,458
Like,

3889
01:26:11,458 --> 01:26:12,750
I don't care about what

3890
01:26:12,750 --> 01:26:13,958
the politicians are like,

3891
01:26:14,791 --> 01:26:17,166
in a sense, like you,

3892
01:26:17,375 --> 01:26:18,791
you get, you transcend

3893
01:26:19,291 --> 01:26:20,208
the politics.

3894
01:26:20,208 --> 01:26:21,541
You get to transcend

3895
01:26:21,791 --> 01:26:23,000
the economic.

3896
01:26:23,291 --> 01:26:25,125
You know, booms and busts.

3897
01:26:25,125 --> 01:26:27,000
You just you get to exit

3898
01:26:27,000 --> 01:26:28,583
and just be

3899
01:26:28,583 --> 01:26:30,166
this sovereign individual.

3900
01:26:30,208 --> 01:26:31,541
So it's like, you know,

3901
01:26:32,166 --> 01:26:32,791
that that's what

3902
01:26:32,791 --> 01:26:34,166
I would be trying to

3903
01:26:34,166 --> 01:26:35,500
focus on is like you,

3904
01:26:35,666 --> 01:26:37,083
the individual choose,

3905
01:26:37,625 --> 01:26:39,458
when that happens for you

3906
01:26:39,458 --> 01:26:40,875
at that individual level,

3907
01:26:40,916 --> 01:26:42,083
you know, I'm, I'm,

3908
01:26:42,166 --> 01:26:42,958
I do think

3909
01:26:42,958 --> 01:26:44,583
grassroots up like it's

3910
01:26:44,583 --> 01:26:45,958
not going to happen top down.

3911
01:26:47,125 --> 01:26:47,666
I mean, even

3912
01:26:47,666 --> 01:26:48,000
if it was

3913
01:26:48,000 --> 01:26:48,958
theoretically possible

3914
01:26:48,958 --> 01:26:49,458
I don't

3915
01:26:49,458 --> 01:26:50,666
I don't know if it would

3916
01:26:50,916 --> 01:26:51,833
that would really work.

3917
01:26:51,833 --> 01:26:53,041
Like I think it really does

3918
01:26:53,041 --> 01:26:54,208
have to come from the bottom.

3919
01:26:54,583 --> 01:26:56,416
So you're not addressing

3920
01:26:56,416 --> 01:26:57,250
the individual

3921
01:26:57,250 --> 01:26:58,250
and saying, hey,

3922
01:26:58,250 --> 01:26:59,583
you do the proof of work,

3923
01:26:59,583 --> 01:27:00,791
you free yourself

3924
01:27:00,791 --> 01:27:02,000
and let's go.

3925
01:27:02,041 --> 01:27:03,708
You know, that's

3926
01:27:04,291 --> 01:27:05,250
that's how I think that is.

3927
01:27:05,250 --> 01:27:06,541
So, you know, I,

3928
01:27:08,083 --> 01:27:09,458
I got Bitcoin

3929
01:27:09,750 --> 01:27:11,333
quickly from the moment

3930
01:27:11,333 --> 01:27:12,541
I saw it,

3931
01:27:12,541 --> 01:27:14,041
studied it and was like,

3932
01:27:14,250 --> 01:27:15,166
this is it.

3933
01:27:15,166 --> 01:27:16,500
I'm I'm doing this,

3934
01:27:16,791 --> 01:27:17,125
you know

3935
01:27:17,125 --> 01:27:18,416
and and of the people,

3936
01:27:18,458 --> 01:27:19,250
you know like your friend

3937
01:27:19,250 --> 01:27:20,666
it took six years or whatever

3938
01:27:20,666 --> 01:27:21,958
to to say, hey

3939
01:27:22,208 --> 01:27:23,250
this is the actions

3940
01:27:23,250 --> 01:27:23,875
I'm going to take.

3941
01:27:23,875 --> 01:27:25,083
So it's like,

3942
01:27:25,291 --> 01:27:26,041
you know,

3943
01:27:26,041 --> 01:27:27,208
that choice

3944
01:27:27,208 --> 01:27:28,375
can't be made for you.

3945
01:27:28,708 --> 01:27:30,625
It you have to make it so,

3946
01:27:30,833 --> 01:27:31,208
you know,

3947
01:27:31,208 --> 01:27:33,000
you create the timeline

3948
01:27:33,666 --> 01:27:34,666
and,

3949
01:27:34,666 --> 01:27:35,041
when we

3950
01:27:35,041 --> 01:27:36,416
if we all take that approach,

3951
01:27:36,791 --> 01:27:38,000
you know, like, that's how

3952
01:27:38,666 --> 01:27:39,500
that's what answers

3953
01:27:39,500 --> 01:27:40,166
that question of

3954
01:27:40,166 --> 01:27:41,458
when does society get it?

3955
01:27:41,666 --> 01:27:43,250
Well, when enough individuals

3956
01:27:43,791 --> 01:27:44,875
decide to get it.

3957
01:27:45,958 --> 01:27:46,791
Yeah.

3958
01:27:46,791 --> 01:27:48,416
Yeah, absolutely.

3959
01:27:48,833 --> 01:27:49,291
Well, thanks

3960
01:27:49,291 --> 01:27:50,333
very much for your time,

3961
01:27:50,333 --> 01:27:50,625
Neil.

3962
01:27:50,625 --> 01:27:51,750
It's been a pleasure

3963
01:27:51,750 --> 01:27:52,750
having me.

3964
01:27:52,750 --> 01:27:53,541
Yeah.

3965
01:27:53,541 --> 01:27:55,041
Thanks.