1 00:00:02,960 --> 00:00:05,320 It's. All going to zero against 2 00:00:05,320 --> 00:00:08,080 Bitcoin. It's going on forever. 3 00:00:15,360 --> 00:00:17,560 You're against Bitcoin. You're against freedom. 4 00:00:22,760 --> 00:00:24,120 Yeah, we're going to send to Bitcoin. 5 00:00:24,120 --> 00:00:26,280 You're number one source for the peaceful Bitcoin revolution. 6 00:00:26,360 --> 00:00:27,720 Breaking news called traumatic warfare. 7 00:00:27,720 --> 00:00:30,240 We will be your guide through the separation of money and 8 00:00:30,240 --> 00:00:31,480 state. Ladies and gentlemen, welcome to 9 00:00:31,480 --> 00:00:33,800 Simply Bitcoin. The most watched daily Bitcoin 10 00:00:33,800 --> 00:00:36,040 live show on YouTube. Rumble, Annex. 11 00:00:36,160 --> 00:00:37,880 Sit back. Relax, enjoy the ride. 12 00:00:38,080 --> 00:00:39,720 We have a lot to talk about today. 13 00:00:39,920 --> 00:00:43,960 Michael Saylor dropping the hot fire at the Bitcoin for 14 00:00:43,960 --> 00:00:46,760 Corporations conference. He said the choir part out loud. 15 00:00:46,760 --> 00:00:50,120 He said, like, look, the reason that he believes that Bitcoin's 16 00:00:50,120 --> 00:00:54,120 going to 100 X over the next 10 years is because a lot of people 17 00:00:54,120 --> 00:00:57,160 are just not awakened to it yet. And he's basically making the 18 00:00:57,160 --> 00:01:00,640 case that, look, you know, once, once everyone sees it, once 19 00:01:00,640 --> 00:01:03,840 everyone's on a Bitcoin standard, he believes that, you 20 00:01:03,840 --> 00:01:07,360 know, the opportunity isn't there as much as it used to be, 21 00:01:07,360 --> 00:01:08,520 right. So I think that's a really good 22 00:01:08,520 --> 00:01:10,520 point from Sailor. We have the clip for you guys. 23 00:01:10,520 --> 00:01:12,840 We're going to play it for you. And then there was this viral 24 00:01:12,840 --> 00:01:15,920 clip going around the Internet about all these college 25 00:01:15,920 --> 00:01:18,080 graduates basically booing Bitcoin. 26 00:01:18,560 --> 00:01:22,000 And I I kind of, I find it a little bit funny, 'cause you can 27 00:01:22,000 --> 00:01:24,800 bet like a big portion of the people in that audience, in that 28 00:01:24,800 --> 00:01:27,520 graduation audience is like hundreds of thousands of dollars 29 00:01:27,520 --> 00:01:30,800 in debt. And you know, again, like, of 30 00:01:30,800 --> 00:01:32,840 course that's a decision. You know, some people want to go 31 00:01:32,840 --> 00:01:34,400 to college, some people don't want to go to college. 32 00:01:34,400 --> 00:01:36,920 But you know, I just, I just kind of find it funny that you 33 00:01:36,920 --> 00:01:39,720 know, they're totally open to, you know, going into debt, you 34 00:01:39,720 --> 00:01:42,160 know, to to potentially further the career. 35 00:01:42,160 --> 00:01:44,560 Potentially not. But they're so, you know, 36 00:01:44,560 --> 00:01:47,160 completely against Bitcoin, which, you know, I find it, I 37 00:01:47,160 --> 00:01:48,760 find it funny. I find it hilarious. 38 00:01:48,760 --> 00:01:50,160 So I'm gonna play it for you guys. 39 00:01:50,160 --> 00:01:53,120 The community reacted to it in a certain way, which I think is 40 00:01:53,120 --> 00:01:55,680 interesting. And also the other concept that 41 00:01:55,680 --> 00:01:59,320 you guys know, we love to talk about on simply Bitcoin, which 42 00:01:59,320 --> 00:02:01,840 is of course the separation of money in state. 43 00:02:02,880 --> 00:02:08,400 We have like little examples of what the sovereign individual 44 00:02:08,400 --> 00:02:15,400 predicted back in 1997 in terms of Canada imposing an exit tax. 45 00:02:15,400 --> 00:02:19,640 Of course, Rodger Ver was arrested in Spain for, you know, 46 00:02:19,680 --> 00:02:22,640 not paying his taxes even though he gave up his citizenship. 47 00:02:22,880 --> 00:02:25,200 So we're starting to see inklings of that. 48 00:02:25,200 --> 00:02:27,480 And I think, you know, what we always say on the show is that 49 00:02:27,480 --> 00:02:32,480 Bitcoin exposes incentives. And I think that you start to 50 00:02:32,480 --> 00:02:36,040 question the very relationship between you and the state. 51 00:02:36,040 --> 00:02:39,640 Like, isn't it a little bit crazy that, you know, the state 52 00:02:39,640 --> 00:02:43,600 forces you to pay, you know, a percentage of your net worth if 53 00:02:43,600 --> 00:02:46,040 you want to leave, if you want to give up your city, it's it's 54 00:02:46,040 --> 00:02:48,400 almost as if they're holding you hostage. 55 00:02:48,400 --> 00:02:51,400 Like, you know, of course, that's my opinion, but it starts 56 00:02:51,400 --> 00:02:54,000 to seem like that. And I think as things start to 57 00:02:54,000 --> 00:02:56,800 accelerate, I think as as more and more people start to opt 58 00:02:56,800 --> 00:03:01,120 out, I think, you know, I I think things will will get even. 59 00:03:01,120 --> 00:03:02,600 I think things will get more interesting. 60 00:03:02,600 --> 00:03:07,120 And this is where, you know, truly decentralized technology 61 00:03:07,120 --> 00:03:09,880 comes into play. This is where Bitcoin comes into 62 00:03:09,880 --> 00:03:11,640 play. This is where Noster comes into 63 00:03:11,640 --> 00:03:13,040 play. This is where sovereign 64 00:03:13,040 --> 00:03:16,080 computing come into play. Right, 'cause again, you know, 65 00:03:16,080 --> 00:03:18,680 they can definitely Co opt intermediaries, they can 66 00:03:18,680 --> 00:03:20,840 definitely Co opt someone else's computer. 67 00:03:21,440 --> 00:03:25,480 But it's a lot more difficult for them to, you know, go after 68 00:03:25,480 --> 00:03:28,880 millions upon millions of individuals holding their own 69 00:03:28,880 --> 00:03:32,240 private keys, millions upon millions of individuals running 70 00:03:32,240 --> 00:03:36,240 their own computing computing devices and having peer-to-peer 71 00:03:36,240 --> 00:03:38,160 communications in that way, right? 72 00:03:38,160 --> 00:03:42,280 Becomes a very, very difficult right to, you know, to enforce 73 00:03:42,280 --> 00:03:45,200 certain things. And I think the whole control 74 00:03:45,200 --> 00:03:48,280 structure was based on the fact that they thought that there was 75 00:03:48,280 --> 00:03:51,280 always going to be a handful of intermediaries that they can Co 76 00:03:51,280 --> 00:03:55,160 opt and they can basically use as you know an arm of law 77 00:03:55,160 --> 00:03:56,800 enforcement. And I think things are are 78 00:03:56,800 --> 00:03:59,440 starting to change. So anyways we're going to have 79 00:03:59,440 --> 00:04:01,960 all that for you guys today. And also we have a very special 80 00:04:01,960 --> 00:04:04,280 guest and I consider him a friend at this point. 81 00:04:04,280 --> 00:04:07,480 We have the CEO and Founder of SIGN Matt, how you doing? 82 00:04:07,480 --> 00:04:10,960 Welcome to the show. Hey, thanks for having me back 83 00:04:10,960 --> 00:04:11,720 on. What's up, Nico? 84 00:04:12,680 --> 00:04:16,560 And I just want to give a shout out to the absolutely flaming 85 00:04:16,560 --> 00:04:20,320 bowl in the back of Matt's background. 86 00:04:20,839 --> 00:04:22,720 Matt, you you want to talk a little bit about that cause 87 00:04:22,880 --> 00:04:27,320 unfortunately like Matt hanged it up before we went on air. 88 00:04:27,320 --> 00:04:31,040 But it was perfect in the sense that now it's, it's an epic 89 00:04:31,040 --> 00:04:34,320 background. So Matt, what's up with that 90 00:04:34,320 --> 00:04:37,240 bull, bro? Every time I do something, 91 00:04:37,240 --> 00:04:39,520 there's just this plain white background and people always 92 00:04:39,520 --> 00:04:41,960 give me crap about it. And you know what I mean? 93 00:04:41,960 --> 00:04:44,040 Like, I don't have like, books in the background or anything 94 00:04:44,040 --> 00:04:46,680 fancy. And so I picked this up at 95 00:04:46,680 --> 00:04:52,360 Bitlock Boom 2023, so, you know, a year ago, and this is in the, 96 00:04:53,280 --> 00:04:57,400 you know, in the depths of the bear market and the bull market 97 00:04:57,400 --> 00:05:00,160 was supposed to begin when I hung that that least was the 98 00:05:00,160 --> 00:05:04,320 promise that I had received when I bid on this at the auction is 99 00:05:04,320 --> 00:05:06,400 that whoever got this would trigger the bull market. 100 00:05:06,400 --> 00:05:09,680 When they hung it. And I never hung it, it's been 101 00:05:09,680 --> 00:05:13,400 sitting in my basement and and the bull market got started 102 00:05:13,400 --> 00:05:15,440 without me. And so, you know, I called 103 00:05:15,440 --> 00:05:19,080 bullshit on the voodoo that this was supposed to cause. 104 00:05:19,200 --> 00:05:22,280 But we've stalled, right? We've we've sort of got hung up 105 00:05:22,280 --> 00:05:26,040 and now people are even questioning whether it whether 106 00:05:26,040 --> 00:05:28,840 it goes flat or goes down. So I figured it was time. 107 00:05:29,040 --> 00:05:32,280 So I'm using this show as an opportunity to officially launch 108 00:05:32,280 --> 00:05:33,480 the beginning of the bull market. 109 00:05:34,200 --> 00:05:35,840 That's that's right. Ladies and gentlemen, you heard 110 00:05:35,840 --> 00:05:38,680 it here first. The bull market may commence now 111 00:05:38,680 --> 00:05:42,280 that Matt has hanged the flaming bull in the background. 112 00:05:43,040 --> 00:05:45,600 I also want to bring up my legendary code who is always 113 00:05:45,600 --> 00:05:47,720 optimistic. Look at that giant smile 114 00:05:47,880 --> 00:05:49,840 optimist field. How you doing Opti? 115 00:05:50,640 --> 00:05:53,120 I'm doing great, man. It's good to have you back, 116 00:05:53,120 --> 00:05:56,360 Nico. And man, life's life's always 117 00:05:56,360 --> 00:05:58,840 good on a Bitcoin standard and shouts out to Matt 'cause he's 118 00:05:58,840 --> 00:06:00,760 officially starting the bull run again. 119 00:06:01,000 --> 00:06:04,080 So you guys heard it here first. It's going to start pumping. 120 00:06:04,080 --> 00:06:06,520 Absolutely love to hear it. I believe it. 121 00:06:06,520 --> 00:06:08,040 I believe it's going to be a great show. 122 00:06:08,240 --> 00:06:10,800 And during the culture segment, guys, we're going to talk about 123 00:06:10,800 --> 00:06:14,480 sovereign computing, which I hope a little bit of you guys 124 00:06:14,480 --> 00:06:18,280 got some hints of in in the opening monologue about the 125 00:06:18,680 --> 00:06:22,520 importance of that in the next 5 to 10 years. 126 00:06:22,520 --> 00:06:27,720 I think you know and and it's interesting because I've been 127 00:06:27,720 --> 00:06:32,080 experimenting with a lot of the applications that are on start 9 128 00:06:32,080 --> 00:06:35,880 by the way, highly recommend it. Not only is it a Bitcoin node, 129 00:06:36,080 --> 00:06:39,640 it's a sovereign computer. Most people buy it for the the 130 00:06:39,640 --> 00:06:41,600 the Bitcoin node is the Trojan horse. 131 00:06:41,600 --> 00:06:43,320 But once you get in, you start to play with it. 132 00:06:43,680 --> 00:06:46,280 So I've been playing with a lot of the applications. 133 00:06:46,280 --> 00:06:49,320 Matt, like Nextcloud I believe is one of them. 134 00:06:49,320 --> 00:06:51,840 There's a vault, Warden is another one. 135 00:06:51,840 --> 00:06:55,440 So and it's it's credibly awesome because you can access 136 00:06:55,440 --> 00:06:58,760 basically your computer from anywhere around the world via 137 00:06:58,760 --> 00:07:01,680 Tor. And it's not only. 138 00:07:01,680 --> 00:07:05,520 And I've been also using the mempool space locally instead 139 00:07:05,520 --> 00:07:08,640 of, you know, going to the URL, which of course docs as your IP 140 00:07:08,640 --> 00:07:10,840 address. So I've been using all these 141 00:07:11,200 --> 00:07:14,760 applications and just kind of experimenting with the device 142 00:07:14,760 --> 00:07:17,440 and it's just been so incredibly fun. 143 00:07:17,440 --> 00:07:20,440 But for anyone who's not in the know, Matt, could you give a 144 00:07:20,440 --> 00:07:23,400 quick elevator pitch on what is sovereign computing? 145 00:07:23,480 --> 00:07:25,320 What is start nine and what is sovereign computing? 146 00:07:26,160 --> 00:07:28,520 I'm going to do the elevator for real 'cause that's a huge 147 00:07:28,520 --> 00:07:33,720 question. So currently everyone on earth 148 00:07:33,720 --> 00:07:38,160 is using what we call clients. You could think of them as 149 00:07:38,160 --> 00:07:40,000 remote controls. Your cell phone, your laptop, 150 00:07:40,000 --> 00:07:42,240 your desktop. These are all client computers, 151 00:07:42,320 --> 00:07:43,880 right? AKA remote controls. 152 00:07:44,240 --> 00:07:45,600 What are they remotely controlling? 153 00:07:45,600 --> 00:07:49,360 They were remotely controlling one or more servers in almost 154 00:07:49,360 --> 00:07:51,600 every circumstance. These servers are owned and 155 00:07:51,600 --> 00:07:56,840 operated by some company, right? Namely the company whose app you 156 00:07:56,840 --> 00:07:59,960 downloaded. So if you download some app onto 157 00:07:59,960 --> 00:08:03,000 your iPhone and you open that app and you start doing things, 158 00:08:03,040 --> 00:08:05,920 you are remotely administering somebody else's server. 159 00:08:06,280 --> 00:08:11,160 This gives them enormous insight and control over your your 160 00:08:11,160 --> 00:08:13,720 computing life, right? They can basically see every 161 00:08:13,720 --> 00:08:15,960 button that you're clicking. They are processing all the 162 00:08:15,960 --> 00:08:18,160 information. They're storing all the data. 163 00:08:18,520 --> 00:08:22,720 And according to, you know, one just practical reality and two 164 00:08:22,720 --> 00:08:24,160 things like the third party doctrine. 165 00:08:24,160 --> 00:08:27,520 As soon as you do that, as soon as you begin to remotely 166 00:08:27,520 --> 00:08:30,800 administer somebody else's server for your computing needs, 167 00:08:31,080 --> 00:08:33,520 none of the information that touches or flows through or 168 00:08:33,520 --> 00:08:36,600 stored on that server is protected by the 4th Amendment, 169 00:08:37,159 --> 00:08:40,919 which protects information from illegal searches and seizures. 170 00:08:40,919 --> 00:08:44,560 So basically no warrant is necessary for law enforcement or 171 00:08:44,560 --> 00:08:47,560 anyone with sufficient authority to just walk in and and 172 00:08:47,560 --> 00:08:51,160 basically request everything on that server about you. 173 00:08:52,040 --> 00:08:57,600 So with that in mind, what do you do when this is your 174 00:08:57,600 --> 00:08:59,680 reality? Well, what you could and should 175 00:08:59,680 --> 00:09:03,960 do is stop using other people's servers to process all of your 176 00:09:03,960 --> 00:09:06,800 information and store all of your data and instead use your 177 00:09:06,800 --> 00:09:09,400 own server. Store your data on your own 178 00:09:09,400 --> 00:09:12,520 server from your own home and access it from anywhere in the 179 00:09:12,520 --> 00:09:16,280 world using your cell phones and laptops just like you would, 180 00:09:16,640 --> 00:09:21,480 ultimately resulting in the same user experience except you are 181 00:09:21,480 --> 00:09:26,280 excluding every and all third parties from your digital life, 182 00:09:26,840 --> 00:09:31,440 becoming a digital sovereign. That information is protected by 183 00:09:31,440 --> 00:09:34,960 the 4th Amendment because it is your server in your home and so 184 00:09:34,960 --> 00:09:38,360 any search of it would require a warrant signed by a judge. 185 00:09:38,360 --> 00:09:41,520 I'm speaking strictly from a United States perspective. 186 00:09:42,080 --> 00:09:45,240 Obviously different countries have different laws around what 187 00:09:45,320 --> 00:09:50,280 is and is not protected, but we believe this is a better model. 188 00:09:51,080 --> 00:09:54,360 The problem until now has been that it's almost impossible for 189 00:09:54,360 --> 00:09:56,520 a normal person to do. Running your own server from 190 00:09:56,520 --> 00:09:59,680 your own home and using it to run all sorts of different 191 00:09:59,960 --> 00:10:02,880 applications and accessing those applications from anywhere in 192 00:10:02,880 --> 00:10:06,160 the world and doing so with reliability and speed and 193 00:10:06,160 --> 00:10:11,320 efficiency has basically just been a non starter for 99.999% 194 00:10:11,320 --> 00:10:15,240 of the human race because it's just super difficult to do. 195 00:10:15,600 --> 00:10:18,920 And So what we have taken on as a company through our open 196 00:10:18,920 --> 00:10:22,880 source software endeavours is to build an operating system and 197 00:10:22,880 --> 00:10:26,720 computing paradigm that makes owning and operating and 198 00:10:26,720 --> 00:10:31,320 effectively using your own server achievable and easy for 199 00:10:31,320 --> 00:10:33,240 everyone. Yeah, absolutely. 200 00:10:33,240 --> 00:10:36,480 And I can attest to that. You know, I'm I'm I I tend to be 201 00:10:37,240 --> 00:10:40,040 just because my mind is always in in the content creation 202 00:10:40,040 --> 00:10:42,680 realm. I tend to, I like to I tend to 203 00:10:42,680 --> 00:10:45,520 like convenient things. But I always wanted to run my 204 00:10:45,520 --> 00:10:49,360 own node and and connect to it remotely anywhere around the 205 00:10:49,360 --> 00:10:50,720 world. That was one of the issues that 206 00:10:50,720 --> 00:10:54,160 I had and I was finally able to figure that out with my start 9 207 00:10:54,160 --> 00:10:57,960 device. And eventually, you know, I 208 00:10:57,960 --> 00:11:02,280 started experimenting with with the other applications with it. 209 00:11:02,920 --> 00:11:06,680 And you know, I I I can attest that it it, it is so incredibly 210 00:11:06,680 --> 00:11:11,120 cool that if you really, really value, you know, your 211 00:11:11,120 --> 00:11:15,240 sovereignty and your own device really, 'cause I I know for a 212 00:11:15,240 --> 00:11:18,160 fact no matter where I'm travelling, like I'm in in 213 00:11:18,160 --> 00:11:21,440 Maida, Portugal and I'm pulling up my Bitcoin on my Electrum or 214 00:11:21,440 --> 00:11:24,880 Whispero, whatever, I know that I'm connecting to my node at 215 00:11:24,880 --> 00:11:27,920 home. Like that is so effing cool and 216 00:11:28,480 --> 00:11:30,560 it feels really good. Like to the point where like 217 00:11:30,560 --> 00:11:34,720 I'll open up multiple times just to see it sync and knowing that 218 00:11:34,720 --> 00:11:37,920 it's, you know, I'm connecting to my my node like literally 219 00:11:37,920 --> 00:11:41,440 thousands of miles away and I've done this in multiple countries 220 00:11:41,440 --> 00:11:43,560 and it feels really good. And then not to mention all the 221 00:11:43,800 --> 00:11:48,640 other applications, the the data storage, communications, it's so 222 00:11:48,640 --> 00:11:51,440 incredibly cool guys. So I can't wait to talk more 223 00:11:51,440 --> 00:11:54,680 about that and the rest of the things we have on the show. 224 00:11:54,840 --> 00:11:57,880 Before we do that, I do want to give a show a shout out to our 225 00:11:57,880 --> 00:12:00,960 lead sponsor and of course I am talking about Bitcoin. 226 00:12:00,960 --> 00:12:03,960 Well, Bitcoin well is the best place to build your automatic 227 00:12:03,960 --> 00:12:06,920 self custody Bitcoin stack. It's a publicly traded company 228 00:12:06,920 --> 00:12:09,440 coming out of Canada that recently expanded to all fifty 229 00:12:09,520 --> 00:12:11,880 U.S. states. It is self custody by default. 230 00:12:11,880 --> 00:12:12,880 Future proof? Your money? 231 00:12:13,120 --> 00:12:14,880 What does that mean? That means that you can't buy 232 00:12:14,880 --> 00:12:18,360 Bitcoin on Bitcoin. Well unless you're going to take 233 00:12:18,360 --> 00:12:21,560 self custody, which perfectly aligns with simply Bitcoin ethos 234 00:12:21,840 --> 00:12:25,360 of the separation of money and state, this is a company that 235 00:12:25,360 --> 00:12:28,920 wants to make sure your grandchildren have a safe place 236 00:12:28,920 --> 00:12:31,800 to buy Bitcoin. It is the self custody by 237 00:12:31,800 --> 00:12:34,520 default Bitcoin on ramp in the US. 238 00:12:34,680 --> 00:12:38,480 Head over to bitcoinwell.com It's incredibly easy to sign up. 239 00:12:38,720 --> 00:12:41,800 All you got to do is go to bitcoinwell.com/simply you put 240 00:12:41,800 --> 00:12:45,360 in your you put in your e-mail address and start enabling your 241 00:12:45,360 --> 00:12:48,920 independence. You know, 1% spread Bitcoin only 242 00:12:49,080 --> 00:12:53,040 non custodial. So guys support Bitcoin self 243 00:12:53,040 --> 00:12:55,640 custody on ramps by default in the United States. 244 00:12:55,640 --> 00:12:57,960 Head over to bitcoinwell.com today. 245 00:12:58,280 --> 00:13:00,080 All right everybody, let's hit the numbers. 246 00:13:00,080 --> 00:13:05,040 We have a lot to talk about the Bitcoin numbers. 247 00:13:05,480 --> 00:13:08,360 Is your Bitcoin and cold storage really secure? 248 00:13:08,480 --> 00:13:11,000 Is your seed phrase really secure? 249 00:13:11,120 --> 00:13:12,720 Stamp seeds? Do it yourself. 250 00:13:12,720 --> 00:13:16,440 Kit has everything you need to hammer your seed words into 251 00:13:16,440 --> 00:13:20,680 commercial grade titanium plates instead of just writing them on 252 00:13:20,680 --> 00:13:23,520 paper. Don't store your generational 253 00:13:23,520 --> 00:13:26,760 wealth on paper. Papers prone to water damage, 254 00:13:26,760 --> 00:13:28,720 fire damage. You want to put your 255 00:13:28,720 --> 00:13:31,800 generational wealth on one of the strongest metals on planet 256 00:13:31,800 --> 00:13:34,640 earth, Titanium. Your words are actually stamped 257 00:13:34,640 --> 00:13:38,240 into this metal plate with this hammer and these letter stamps. 258 00:13:38,280 --> 00:13:40,800 And once your words are in, they aren't going anywhere. 259 00:13:40,880 --> 00:13:44,520 No risk of the plate breaking apart and pieces falling 260 00:13:44,520 --> 00:13:46,960 everywhere. Titanium stamp seeds will 261 00:13:46,960 --> 00:13:49,920 survive nearly triple the heat produced by a house fire. 262 00:13:49,920 --> 00:13:53,080 They're also crush proof, waterproof, non corrosive, and 263 00:13:53,080 --> 00:13:55,200 time proof. All things that paper is not 264 00:13:55,240 --> 00:13:57,800 allowing you to huddle your Bitcoin with Peace of Mind. 265 00:13:57,960 --> 00:14:01,880 For the long haul. Stamp your seed on stamp Seed. 266 00:14:02,360 --> 00:14:04,640 All right guys, I made it incredibly easy for you guys. 267 00:14:04,640 --> 00:14:07,120 You could scan the QR code on your screen. 268 00:14:07,120 --> 00:14:11,240 It'll take you directly to the Stamp Seed website where you can 269 00:14:11,440 --> 00:14:15,040 get yourself a Stamp Seed Titanium Seed Phrase Storage kit 270 00:14:15,800 --> 00:14:18,320 so you can properly secure your generation of wealth. 271 00:14:18,800 --> 00:14:22,400 You can use promo code simply to get 15% off anything on their 272 00:14:22,400 --> 00:14:23,600 website at the time of recording. 273 00:14:23,600 --> 00:14:30,800 The Bitcoin price is 63,530 block height 842,464 SATS per 274 00:14:30,800 --> 00:14:37,320 dollar, 1574 market cap 1.25 trillion Bitcoin priced in gold 275 00:14:37,320 --> 00:14:43,240 27.6 oz Bitcoin verse Gold market cap 7.91%. 276 00:14:43,520 --> 00:14:48,760 The percentage issued of the total supply is 93.78% declined 277 00:14:48,760 --> 00:14:52,400 from all time high 13.8% but not for long. 278 00:14:52,400 --> 00:14:57,840 The bull market has commenced forward monetary inflation .85% 279 00:14:58,080 --> 00:15:01,400 and realize monetary inflation 1.69%. 280 00:15:01,400 --> 00:15:05,880 So even if governments and central banks get it back to 281 00:15:05,880 --> 00:15:12,840 that mythological, you know guru whatever 2% inflation number 282 00:15:12,840 --> 00:15:15,760 that they can't even explain why that is 2% theft. 283 00:15:15,760 --> 00:15:17,760 Your money has to have that in order to work. 284 00:15:18,320 --> 00:15:21,320 You know Bitcoin is still taking it to absolute school and of 285 00:15:21,320 --> 00:15:24,160 course the halvings ensure that numbers just gonna that it that 286 00:15:24,160 --> 00:15:27,800 forward monetary inflation just gonna keep going down forever. 287 00:15:28,200 --> 00:15:30,600 Anyways what I did wanted to talk. 288 00:15:30,720 --> 00:15:34,360 What I do want to talk about today is this this again it went 289 00:15:34,360 --> 00:15:37,360 viral. So essentially this guy right 290 00:15:37,360 --> 00:15:43,000 here Ohio State commencement speaker talks Bitcoin in front 291 00:15:43,000 --> 00:15:47,120 of 60,000 people and gets booed. Let's check it out. 292 00:15:48,960 --> 00:15:52,720 Great investors are open minded and understand things before 293 00:15:52,720 --> 00:15:57,960 other people, so I know this might feel polarizing, but I 294 00:15:57,960 --> 00:15:59,200 encourage you to keep an open mind. 295 00:15:59,200 --> 00:16:04,240 Right now. I see Bitcoin as a very 296 00:16:04,240 --> 00:16:12,680 misunderstood asset class. Here's like another version of 297 00:16:12,680 --> 00:16:14,400 it as well. Here we go. 298 00:16:14,720 --> 00:16:18,600 I know this might be a war, but I encourage you to keep an open 299 00:16:18,600 --> 00:16:20,960 mic right now. No, I. 300 00:16:21,760 --> 00:16:35,480 See. Bitcoin like and then you see 301 00:16:35,480 --> 00:16:38,000 like in the screen on the top right, of course, something that 302 00:16:38,000 --> 00:16:40,640 we've showed showed to you guys multiple times, right? 303 00:16:40,800 --> 00:16:44,480 Like he even has like the data to pack it up that look, if you 304 00:16:44,520 --> 00:16:47,640 transition to a Bitcoin standard, your life will get 305 00:16:47,640 --> 00:16:50,480 progressively cheaper, right? The American dream is not that. 306 00:16:50,480 --> 00:16:53,480 The American dream is is thriving if you're on a Bitcoin 307 00:16:53,480 --> 00:16:56,680 standard and not only is it the American Dream, the American 308 00:16:56,680 --> 00:16:59,480 Dream has explored has been exported all around the world. 309 00:16:59,480 --> 00:17:02,480 Bitcoin has already made all time highs in most Fiat 310 00:17:02,480 --> 00:17:06,560 currencies and it just made an all time high in the US dollar. 311 00:17:06,560 --> 00:17:09,599 And it's gonna make another all time high because it's Infinity 312 00:17:09,599 --> 00:17:13,000 divided by 21 million and your life will get cheaper. 313 00:17:13,440 --> 00:17:16,520 And what's really interesting to me is that this is an entire 314 00:17:16,520 --> 00:17:19,520 stadium and Dylan Leclair has a really good .100. 315 00:17:19,560 --> 00:17:22,400 A $100,000 of unsecured debt is good. 316 00:17:22,400 --> 00:17:25,319 Bitcoin is bad. Here's our boy Nick. 317 00:17:25,319 --> 00:17:27,359 Can't mine Repeat after me. Capitalism. 318 00:17:27,359 --> 00:17:28,440 Capitalism. Bad. 319 00:17:28,440 --> 00:17:30,240 Bad. Great job. 320 00:17:30,240 --> 00:17:31,880 You're so smart. Here's your degree. 321 00:17:31,880 --> 00:17:35,240 That'll be a hunt. That'll be 300 K And the the, 322 00:17:35,240 --> 00:17:38,920 you know, the students freaking out like this is like, this is 323 00:17:38,920 --> 00:17:40,560 insane. This is crazy. 324 00:17:40,560 --> 00:17:44,040 But, you know, I think a lot of people were were seeing this. 325 00:17:44,040 --> 00:17:45,600 And it's like, yeah, this is pretty crazy. 326 00:17:46,120 --> 00:17:50,880 But here's our boy Nick. And I think Michael Saylor says 327 00:17:50,880 --> 00:17:53,680 it best. Like the fact that so many 328 00:17:53,680 --> 00:17:57,960 people and this is like the next generation of students are 329 00:17:57,960 --> 00:18:02,800 looking down on it and basically not seeing an opportunity where 330 00:18:02,800 --> 00:18:04,760 you're seeing an opportunity. And this is something that I've 331 00:18:04,760 --> 00:18:09,000 seen other Bitcoiners kind of get frustrated about, like, holy 332 00:18:09,000 --> 00:18:11,000 cow, like this isn't happening fast enough. 333 00:18:11,200 --> 00:18:14,600 I talked to my normie friends and they still don't get it. 334 00:18:14,600 --> 00:18:18,240 They still don't understand. Here's Michael Saylor explaining 335 00:18:18,240 --> 00:18:22,800 to basically the Bitcoin for corporations crowd why that is a 336 00:18:22,800 --> 00:18:26,160 good thing, why that actually is an opportunity. 337 00:18:26,520 --> 00:18:30,000 And he mentions, you know, the fact that he believes that 338 00:18:30,000 --> 00:18:36,360 Bitcoin will 100X in the next 10 years and sounds unbelievable 339 00:18:36,360 --> 00:18:40,200 from our perspective. But let's say it does half of 340 00:18:40,200 --> 00:18:42,640 that. Let's say 25 percent, 30% of 341 00:18:42,640 --> 00:18:45,080 that, right? That's still absolutely insane. 342 00:18:45,480 --> 00:18:49,600 And what I gotta say is, if I told you 10 years ago that 343 00:18:49,600 --> 00:18:52,760 Bitcoin would be where it's at today, you would have laughed. 344 00:18:52,760 --> 00:18:54,480 You would have booed me out of the room. 345 00:18:54,480 --> 00:18:59,280 You would have laughed at me and it seems like, you know, we got, 346 00:18:59,960 --> 00:19:03,200 we got a similar, we got a similar reaction. 347 00:19:03,520 --> 00:19:08,000 I never forget Andreas Antonopoulos giving speeches 348 00:19:08,560 --> 00:19:12,880 when Bitcoin was at $100 to an empty room. 349 00:19:13,320 --> 00:19:15,760 I remember that. I never forget that Andreas 350 00:19:15,760 --> 00:19:17,360 shout out to him. He orange billed me. 351 00:19:17,360 --> 00:19:21,520 I was watching his videos in 2016 and it really resonated 352 00:19:21,520 --> 00:19:23,600 with me. I'm not going to lie, of course 353 00:19:23,600 --> 00:19:26,080 I came for the money. I stayed for the revolution. 354 00:19:26,080 --> 00:19:30,360 But you know, if everyone sees it, then you know, maybe you're 355 00:19:30,360 --> 00:19:32,040 a little late. And I think that's what Michael 356 00:19:32,040 --> 00:19:33,200 Saylor's trying to say in this clip. 357 00:19:33,200 --> 00:19:35,720 Let's check it out. If people agree with you when 358 00:19:35,720 --> 00:19:38,320 you say I like Bitcoin, that means it's not a good investment 359 00:19:38,320 --> 00:19:42,400 anymore. You understand, at the point 360 00:19:42,400 --> 00:19:45,440 when it's not controversial and everybody agrees with you, 361 00:19:45,480 --> 00:19:48,360 everybody will own it. The price will be 100 X. 362 00:19:48,360 --> 00:19:54,200 You won't be able to afford to buy 1% of what you want, right. 363 00:19:54,640 --> 00:19:56,560 You want to know it. You don't want them to 364 00:19:56,560 --> 00:19:59,040 understand it. Let them take 10 years to figure 365 00:19:59,040 --> 00:20:09,360 it out because that's how you 100 X and people. 366 00:20:09,480 --> 00:20:11,360 I think he's right. Like I'll be honest with you. 367 00:20:11,360 --> 00:20:14,520 I think he's right. I like I'm I'm at that point 368 00:20:14,520 --> 00:20:18,880 where you know if people want to be like like if people just want 369 00:20:18,880 --> 00:20:21,240 to like you know be like that and. 370 00:20:21,760 --> 00:20:24,080 You know, just cheer and, you know, clap. 371 00:20:24,080 --> 00:20:26,640 And I'll say this many times, like if you're a Gen. 372 00:20:26,640 --> 00:20:31,400 Z or if you're a millennial, you do not have the same opportunity 373 00:20:31,400 --> 00:20:35,240 that your parents once had to acquire real estate to get ahead 374 00:20:35,240 --> 00:20:38,160 in life. Like Bitcoin is your ticket out 375 00:20:38,160 --> 00:20:41,320 of that situation. Bitcoin is your way forward. 376 00:20:42,240 --> 00:20:45,280 I've seen it not only personally, but I've seen it, 377 00:20:45,880 --> 00:20:47,560 and the people around me, I've seen them. 378 00:20:47,560 --> 00:20:50,560 Once they've adopted a Bitcoin standard, their life improves, 379 00:20:50,560 --> 00:20:52,160 right? Of course, sailors looking at it 380 00:20:52,160 --> 00:20:55,000 from an investment standpoint, but let's say you missed the 381 00:20:55,000 --> 00:20:57,400 boat 10 years from now, for whatever reason, you still 382 00:20:57,400 --> 00:21:00,720 didn't listen. It's still a good idea to adopt 383 00:21:00,840 --> 00:21:05,280 A Bitcoin standard because, you know, it's like there's a finite 384 00:21:05,280 --> 00:21:07,200 supply. It's, it's, it's going to ensure 385 00:21:07,200 --> 00:21:09,840 your purchasing power, your energy, your time, right? 386 00:21:10,160 --> 00:21:13,120 So yeah, I think we're still early to say the least. 387 00:21:13,120 --> 00:21:17,440 I still think the masses have no idea what this thing is, and I 388 00:21:17,440 --> 00:21:20,400 think the masses are still drinking the kool-aid man like 389 00:21:20,520 --> 00:21:23,000 they're still drinking that college kool-aid for whatever 390 00:21:23,000 --> 00:21:24,360 reason. I don't know what that school is 391 00:21:24,360 --> 00:21:28,480 teaching them, but, you know, booing something that has been 392 00:21:28,480 --> 00:21:31,600 the best performing asset that is, you know, completely changes 393 00:21:31,600 --> 00:21:34,680 the world, You know is is is is hilarious. 394 00:21:34,680 --> 00:21:38,760 It just reminds me of Andreas, you know, giving a lecture to a 395 00:21:38,760 --> 00:21:41,880 college room. Now, we have made progress in 396 00:21:41,880 --> 00:21:44,960 the sense that at least they know what Bitcoin is when the 397 00:21:44,960 --> 00:21:48,320 guy brought it up, right? You know, five years ago, 10 398 00:21:48,320 --> 00:21:50,360 years ago, they would have been like, what are you talking 399 00:21:50,360 --> 00:21:50,920 about? Right. 400 00:21:50,920 --> 00:21:55,480 So at least we've made progress, but, you know, it's I I think 401 00:21:55,480 --> 00:21:58,880 they're gonna regret, you know, saying that, you know, 5-10 402 00:21:58,880 --> 00:22:01,080 years from now. Anyways, Matt, I'll start with 403 00:22:01,080 --> 00:22:03,120 you. Do you think Sailor's right? 404 00:22:03,240 --> 00:22:06,280 What's your reaction on the whole stadium of college 405 00:22:06,280 --> 00:22:09,080 students booing Bitcoin? What's your take on all this? 406 00:22:10,440 --> 00:22:13,040 First of all, Sailor is definitely right. 407 00:22:13,120 --> 00:22:17,680 That is the sort of nature of investments, not savings as 408 00:22:17,680 --> 00:22:21,360 Bitcoin will eventually become. But if you're wanting to 409 00:22:21,360 --> 00:22:25,960 increase your purchasing power, your worth, right, your your 410 00:22:25,960 --> 00:22:28,920 amount of capital that you control, you have to find things 411 00:22:28,920 --> 00:22:31,040 before other people do. And it doesn't need to be 412 00:22:31,040 --> 00:22:32,600 Bitcoin. It's really anything, right? 413 00:22:32,600 --> 00:22:38,680 Like even as a as a child, so quick back story real quick. 414 00:22:38,680 --> 00:22:43,040 Like my parents gave me control over my stock brokerage account 415 00:22:43,440 --> 00:22:47,240 when I was 12. I was able to call my broker and 416 00:22:47,240 --> 00:22:51,000 make trades without their permission up to certain limits 417 00:22:51,720 --> 00:22:54,520 when I was 12. And they did that because I had 418 00:22:54,520 --> 00:22:55,720 been picking. I'm good. 419 00:22:55,720 --> 00:22:59,400 And I exhibited a degree of, you know, restraint when it came to 420 00:22:59,800 --> 00:23:03,920 not being reckless. But I I just say that because 421 00:23:03,920 --> 00:23:08,360 ultimately, even at that age, what I was doing, my philosophy 422 00:23:08,680 --> 00:23:10,920 was to find something that I thought was awesome. 423 00:23:11,160 --> 00:23:14,120 Like, it was basically just that I just lived my life, and 424 00:23:14,120 --> 00:23:17,080 whenever I encountered something that was really, really cool, 425 00:23:17,440 --> 00:23:20,400 the first thing I asked myself was, does anybody else know 426 00:23:20,400 --> 00:23:23,640 about this yet? And if the answer was no, like, 427 00:23:23,640 --> 00:23:26,440 I felt like I had discovered something before other people 428 00:23:26,440 --> 00:23:29,040 did. The next thing I did was sought 429 00:23:29,040 --> 00:23:31,520 whether there was an investment opportunity in that thing. 430 00:23:31,520 --> 00:23:34,320 Like, is there a stock for it? Is there a, you know, is it 431 00:23:34,320 --> 00:23:36,720 something I can trade? And if both of those answers 432 00:23:36,720 --> 00:23:39,080 were yes, like it's something I like, it's something other 433 00:23:39,080 --> 00:23:41,400 people don't know about yet, and it's tradable. 434 00:23:41,400 --> 00:23:43,160 It's something I can reasonably get into. 435 00:23:43,360 --> 00:23:48,320 Then I did, and that was my basic philosophy and it always 436 00:23:48,320 --> 00:23:49,880 worked well. And anytime I tried to do 437 00:23:49,880 --> 00:23:53,400 anything other than that, like short something that I didn't 438 00:23:53,400 --> 00:23:57,760 like or you know any other chart voodoo or anything like that, it 439 00:23:57,760 --> 00:24:00,520 always failed and I always lost. But a tried and true means of 440 00:24:00,520 --> 00:24:02,960 investing is find something that's awesome before other 441 00:24:02,960 --> 00:24:04,920 people do and get some skin in the game. 442 00:24:05,160 --> 00:24:07,640 So he's right. And the bigger the opportunity 443 00:24:07,640 --> 00:24:10,520 and the longer it takes people to figure out or the cooler the 444 00:24:10,520 --> 00:24:12,920 thing and the longer it takes, the bigger the opportunity. 445 00:24:12,920 --> 00:24:15,920 So with Bitcoin, it's obviously massive because it's a massive 446 00:24:15,920 --> 00:24:20,360 earth shattering change and it's taking people a very long time 447 00:24:20,840 --> 00:24:23,480 to find out about it and understand it. 448 00:24:23,520 --> 00:24:26,640 So it's a huge opportunity today. 449 00:24:26,720 --> 00:24:29,400 It was more of an opportunity yesterday, but it'll still be an 450 00:24:29,400 --> 00:24:32,960 opportunity in in the near future from an investment 451 00:24:32,960 --> 00:24:35,920 standpoint, right? Bitcoin always is useful, even 452 00:24:35,920 --> 00:24:41,320 after it ceases to be an investment, but right now it's 453 00:24:41,320 --> 00:24:43,840 still is a huge investment opportunity in my opinion. 454 00:24:44,160 --> 00:24:47,600 I, I 100% agree and I think that I think there there's two things 455 00:24:47,600 --> 00:24:50,440 can be true and I can't emphasize that enough, right. 456 00:24:50,680 --> 00:24:54,560 Bitcoin, even if you know it reaches you know that the, you 457 00:24:54,560 --> 00:24:57,320 know those these crazy numbers where the volatility starts to 458 00:24:57,320 --> 00:24:59,840 decrease, right. It's in the millions of dollars 459 00:24:59,840 --> 00:25:02,320 per coin, which I think we'll definitely see. 460 00:25:03,960 --> 00:25:05,880 I I think you know the volatility is obviously going to 461 00:25:05,880 --> 00:25:09,440 decrease. Now it's still better money, 462 00:25:09,440 --> 00:25:12,200 right, compared to Fiat currencies, 100%. 463 00:25:12,800 --> 00:25:16,160 But obviously in terms of the investing opportunity, you know 464 00:25:16,160 --> 00:25:20,920 the upside isn't you know isn't as great as it once was. 465 00:25:20,920 --> 00:25:25,240 And I think this is where I think a lot of people, you know, 466 00:25:25,600 --> 00:25:29,080 a lot of people are are not seeing, you know the the 467 00:25:29,080 --> 00:25:32,600 potential upside. Now Matt, do you this is getting 468 00:25:32,600 --> 00:25:35,480 into speculation territory which we don't like to talk about on 469 00:25:35,480 --> 00:25:37,960 simply Bitcoin. But you know Michael Saylor did 470 00:25:37,960 --> 00:25:42,120 throw out that 100 X number. Is that something that you can 471 00:25:42,120 --> 00:25:46,400 see as as possible, especially with Bitcoin sitting at 63,000? 472 00:25:46,400 --> 00:25:50,760 I think 100 X would put it at one 6.3 million if let's. 473 00:25:50,920 --> 00:25:54,560 Be let's be clear about what you mean 100 X in real purchasing 474 00:25:54,560 --> 00:25:57,760 power or in terms of dollars. Because in terms of dollars, 475 00:25:57,760 --> 00:26:00,000 it's an inevitability that it'll go 100 X. 476 00:26:00,000 --> 00:26:04,040 There's no future where it doesn't go 100 X because the 477 00:26:04,040 --> 00:26:08,560 dollar is will die eventually. The dollar cannot survive 478 00:26:08,560 --> 00:26:10,480 forever in its current form. They might come out with the 479 00:26:10,480 --> 00:26:15,640 dollar two, which is some CBDC thing, but in terms of today's 480 00:26:15,640 --> 00:26:18,360 dollars, that thing is dying. It must die. 481 00:26:19,000 --> 00:26:21,480 And so Bitcoin will go to Infinity against that. 482 00:26:21,480 --> 00:26:24,800 But that doesn't mean it'll go 100X or to Infinity in terms of 483 00:26:24,800 --> 00:26:29,480 purchasing power like real world purchasing power from a personal 484 00:26:29,480 --> 00:26:36,480 standpoint based on gold's place in history and Bitcoin 485 00:26:36,960 --> 00:26:40,920 fundamentally kind of replacing gold in my opinion, then I do 486 00:26:40,920 --> 00:26:46,080 think it has 100X or more of real purchasing power potential 487 00:26:46,080 --> 00:26:48,640 increase. And I say potential because 488 00:26:48,640 --> 00:26:52,400 obviously this is, this is technology, this is a project 489 00:26:52,480 --> 00:26:57,000 and it is still an early stage project from a you know, socio 490 00:26:57,000 --> 00:27:00,360 political historical standpoint. This is still a very early stage 491 00:27:00,800 --> 00:27:03,120 experiment and it might not work out. 492 00:27:03,400 --> 00:27:06,040 But if it does work out and it does fulfill its promise, then 493 00:27:06,120 --> 00:27:08,480 sure, hundred X and real purchasing power seems very 494 00:27:08,480 --> 00:27:11,920 reasonable to me. I 100% agree with that and that 495 00:27:11,920 --> 00:27:13,800 I can't emphasize that enough, right? 496 00:27:13,800 --> 00:27:16,880 If Bitcoin stays decentralized and secure, right? 497 00:27:16,880 --> 00:27:20,400 That's the big if this is a project, you know, a lot of 498 00:27:20,400 --> 00:27:23,680 people feel strongly about this, but I I still think we have a 499 00:27:23,680 --> 00:27:28,680 tremendous amount of work to do on the educational level, as you 500 00:27:28,680 --> 00:27:33,960 can see by an entire class that supposedly was educated in 501 00:27:33,960 --> 00:27:37,440 higher education, literally booing the the best money that 502 00:27:37,440 --> 00:27:39,720 has ever existed in the history of mankind. 503 00:27:40,160 --> 00:27:42,480 I'd like to weigh in on that, actually, real quick. 504 00:27:42,720 --> 00:27:49,080 So the the booing at Ohio State commencement, 2 things to keep 505 00:27:49,080 --> 00:27:52,080 in mind here, OK, 'cause it's not just that simple, right? 506 00:27:52,080 --> 00:27:55,840 One is that this is a commencement address, OK? 507 00:27:56,280 --> 00:28:02,040 And if that guy had stood on stage and pitched Apple as a 508 00:28:02,040 --> 00:28:05,280 great investment or something like that, it would have been 509 00:28:05,280 --> 00:28:07,560 inappropriate and obviously inappropriate, right? 510 00:28:07,560 --> 00:28:11,640 Like commencement speeches or, you know, they're ever what 511 00:28:11,640 --> 00:28:13,520 they're whatever the speaker wants them to be. 512 00:28:13,600 --> 00:28:16,160 But traditionally and sort of what the crowd is expecting, you 513 00:28:16,160 --> 00:28:19,000 have to know your audience and know your, you know, context 514 00:28:19,760 --> 00:28:21,120 there. There tend to be sort of higher 515 00:28:21,120 --> 00:28:24,480 level, more, you know, conceptual and philosophic and 516 00:28:24,480 --> 00:28:27,280 looking to the future and broad things like if someone got on 517 00:28:27,280 --> 00:28:30,280 stage and started pitching, you know, we need to vote Republican 518 00:28:30,280 --> 00:28:32,160 in the next election, people would do. 519 00:28:32,480 --> 00:28:35,080 And if he said we need to vote Democrat in the next election, 520 00:28:35,080 --> 00:28:37,760 people would do. And in a way, Bitcoin kind of 521 00:28:37,760 --> 00:28:41,080 fits into that category, right? Like, I'm not sure that it was 522 00:28:41,080 --> 00:28:44,760 appropriate and appropriate setting for him to be pitching a 523 00:28:44,760 --> 00:28:51,000 crowd full of recently, you know, college educated children 524 00:28:51,120 --> 00:28:53,880 who who just studied, you know, Keynesian economics and 525 00:28:53,880 --> 00:28:55,960 socialism as the solution to everything. 526 00:28:56,120 --> 00:28:59,880 And their parents and their younger siblings to then just 527 00:28:59,880 --> 00:29:02,920 put up a chart of like housing prices decreasing in terms of 528 00:29:02,920 --> 00:29:05,120 Bitcoin. It was a little inappropriate. 529 00:29:05,120 --> 00:29:07,280 And I think that that is where some of the booing came from. 530 00:29:07,280 --> 00:29:09,800 It was like, who is this guy pitching us on an investment 531 00:29:09,800 --> 00:29:11,440 opportunity at our commencement address? 532 00:29:11,800 --> 00:29:15,040 So that's part of it, OK. And the second part, which is 533 00:29:15,040 --> 00:29:16,640 not, has nothing to do with the booing. 534 00:29:16,640 --> 00:29:19,360 I just wanted to like, let everyone know this is that 535 00:29:19,560 --> 00:29:23,600 immediately following the booing, this guy said in the 536 00:29:23,600 --> 00:29:27,360 early days, exchanges for Bitcoin were prone to hacks and 537 00:29:27,360 --> 00:29:30,120 fraud. But the issue has been resolved 538 00:29:30,120 --> 00:29:32,640 with the recent launch of the Bitcoin ETFs. 539 00:29:33,000 --> 00:29:36,200 This guy has no fucking idea what he's talking about and he's 540 00:29:36,240 --> 00:29:38,960 not a good representative of Bitcoin. 541 00:29:38,960 --> 00:29:41,760 So was it The booing and that are separate issues? 542 00:29:41,760 --> 00:29:44,840 But still, like, this guy's a little squirmy, right? 543 00:29:44,840 --> 00:29:49,120 And I think the booing was in part the the context, the timing 544 00:29:49,160 --> 00:29:51,400 and the personality of the person delivering it. 545 00:29:52,320 --> 00:29:56,240 I mean that was a phenomenal analysis and I completely agree 546 00:29:56,240 --> 00:30:00,840 with you guys. There's 2231 of you guys 547 00:30:01,000 --> 00:30:03,040 watching live, not including Rumble. 548 00:30:03,040 --> 00:30:07,000 Let's see what what rumble's at 48 of you guys watching live on 549 00:30:07,000 --> 00:30:08,360 Rumble. If you guys are enjoying the 550 00:30:08,360 --> 00:30:11,560 show, make sure to smash that like button. 551 00:30:11,560 --> 00:30:14,720 Also shout out to the Rumble team for verifying us on Rumble. 552 00:30:14,840 --> 00:30:18,080 Really appreciate over there. So yeah, guys smash the like 553 00:30:18,080 --> 00:30:20,360 button. Really tells the YouTube algos 554 00:30:20,560 --> 00:30:24,000 and the Rumble algos and the Twitter algos to push the orange 555 00:30:24,000 --> 00:30:27,160 signal forward. So help us break 100 likes 556 00:30:27,160 --> 00:30:28,880 within the 1st 35 minutes of the show. 557 00:30:28,880 --> 00:30:31,200 Anyways, Opti, what's your take on this brother? 558 00:30:31,840 --> 00:30:34,320 Yeah, I think, I think Matt like hit the tail the head. 559 00:30:34,760 --> 00:30:38,040 That was a great analysis. I I love Matt's take on this. 560 00:30:38,040 --> 00:30:40,800 And I totally, totally agree. And I did. 561 00:30:40,960 --> 00:30:43,920 I didn't watch the whole speech, but I watched like the full 3 562 00:30:43,920 --> 00:30:48,440 minutes that I saw on Twitter and like kind of what Matt was 563 00:30:48,440 --> 00:30:50,520 saying, you know, the speech was a little bit cringe. 564 00:30:50,520 --> 00:30:53,160 I'm not going to lie, but you know, let the cringe commence 565 00:30:53,160 --> 00:30:55,160 until financial literacy improves. 566 00:30:55,160 --> 00:31:00,560 So I think it is, you know, caveat in what Matt said. 567 00:31:00,720 --> 00:31:04,040 I think this is a perfect like zeitgeist of the normally 568 00:31:04,040 --> 00:31:07,360 perception of Bitcoin and obviously he probably could have 569 00:31:07,360 --> 00:31:11,000 took some better context cues and maybe wasn't the right place 570 00:31:11,000 --> 00:31:14,800 for the speech. But I think it does highlight 571 00:31:15,160 --> 00:31:16,360 what we say all the time here on the show. 572 00:31:16,360 --> 00:31:17,720 Like this is what we're up against. 573 00:31:17,720 --> 00:31:20,160 I I think most people have heard about Bitcoin. 574 00:31:20,360 --> 00:31:22,000 They've made-up their mind about Bitcoin. 575 00:31:22,000 --> 00:31:26,080 A lot of people hate on Bitcoin and bitcoiners in general and 576 00:31:26,080 --> 00:31:28,400 this is how I know we're still early is because most people 577 00:31:28,400 --> 00:31:31,800 still fundamentally don't understand what Bitcoin is, what 578 00:31:31,800 --> 00:31:34,960 bitcoins trying to solve. And you know Nico always goes to 579 00:31:34,960 --> 00:31:38,320 education and part of that is, you know maybe they didn't hear 580 00:31:38,320 --> 00:31:40,280 the right messaging around Bitcoin. 581 00:31:40,560 --> 00:31:45,400 But I think it also is kind of a culmination of what he open the 582 00:31:45,400 --> 00:31:47,120 speech with. It's like if you're open minded 583 00:31:47,480 --> 00:31:50,000 and that's the whole thing. Most people have made-up their 584 00:31:50,000 --> 00:31:53,120 mind about Bitcoin and they think they know what Bitcoin is 585 00:31:53,120 --> 00:31:54,280 about. They think it's about 586 00:31:54,280 --> 00:31:57,480 speculating and making money and all that good stuff. 587 00:31:57,560 --> 00:32:02,560 And I think this is just a culmination of everything that 588 00:32:02,600 --> 00:32:05,360 I've experienced when I try to talk to normal people about 589 00:32:05,360 --> 00:32:07,120 Bitcoin. So at this point I am kind of 590 00:32:07,120 --> 00:32:09,600 like black pilled. I I only open up the Bitcoin 591 00:32:09,600 --> 00:32:12,720 pitch to people that I know are able to receive that pitch, 592 00:32:13,160 --> 00:32:16,120 whether they believe in freedom, whether they have pain points, 593 00:32:16,120 --> 00:32:18,720 whether they're having problems with their groceries and not, 594 00:32:18,720 --> 00:32:21,240 you know, caring about real estate being too expensive. 595 00:32:21,240 --> 00:32:25,840 Like I think it's kind of a good framing to be like pick your 596 00:32:25,840 --> 00:32:28,480 battles and you don't necessarily need to shield 597 00:32:28,480 --> 00:32:31,880 Bitcoin at every, you know, family dinner or every friend 598 00:32:32,200 --> 00:32:34,560 dinner that you have. I think there's a time and a 599 00:32:34,560 --> 00:32:37,160 place to really talk about Bitcoin and it really goes to 600 00:32:37,160 --> 00:32:38,600 what I say all the time here on the show. 601 00:32:38,600 --> 00:32:41,160 It's like you are a walking billboard for Bitcoin and the 602 00:32:41,160 --> 00:32:44,600 best way to spread Bitcoin is by living that message. 603 00:32:44,640 --> 00:32:49,200 And you know, we could probably go on about the kids booing 604 00:32:49,200 --> 00:32:52,520 about Bitcoin and dunk on them all all we want, But I think 605 00:32:52,520 --> 00:32:55,480 it's just very important to remember that maybe it wasn't 606 00:32:55,480 --> 00:32:57,720 the time and a place to be shilling Bitcoin at the 607 00:32:57,720 --> 00:33:00,680 commencement speech. But hey, good on the kid for 608 00:33:00,680 --> 00:33:04,040 trying to spread that message. So shouts out to him for trying 609 00:33:04,040 --> 00:33:08,600 to orange pill 60,000 kids. And I think you know, getting in 610 00:33:08,600 --> 00:33:11,520 the toxic Bitcoin route. Like This is why we have the 611 00:33:11,520 --> 00:33:13,480 meme that you get Bitcoin at the price you deserve. 612 00:33:13,480 --> 00:33:16,680 Like, I I'm convinced people I've heard about Bitcoin that 613 00:33:16,840 --> 00:33:19,400 vaguely understand Bitcoin. They may have had a few touch 614 00:33:19,400 --> 00:33:22,800 points on Bitcoin, but they're just not ready to fully get the 615 00:33:22,800 --> 00:33:25,040 Bitcoin message. And it is what it is. 616 00:33:25,040 --> 00:33:27,720 This is how I know that it's still a great opportunity for us 617 00:33:27,720 --> 00:33:31,240 to continue to stack as many sets as possible and continue to 618 00:33:31,240 --> 00:33:34,560 plant those seeds of freedom and freedom technology and freedom 619 00:33:34,560 --> 00:33:37,240 money into the minds of people that that are open to it. 620 00:33:37,680 --> 00:33:42,280 And so it just, man, it just makes me know that we're still 621 00:33:42,280 --> 00:33:45,760 early to this and I think those kids will look back on that 622 00:33:45,760 --> 00:33:49,040 speech or that moment in time eventually with shame when the 623 00:33:49,040 --> 00:33:51,080 bull run really does commence or whether it. 624 00:33:51,080 --> 00:33:52,280 Started it already. Started. 625 00:33:52,280 --> 00:33:53,560 Yeah, it already started. Exactly. 626 00:33:53,960 --> 00:33:55,880 Matt hanged his painting. Exactly. 627 00:33:55,880 --> 00:33:59,840 Or, you know, in the the 10 years down the line when we 628 00:33:59,840 --> 00:34:02,720 hundred X, they'll look back and be like, man, I was a dumb 629 00:34:02,720 --> 00:34:06,120 college kid and I was booing this guy who was trying to help 630 00:34:06,120 --> 00:34:08,600 me find financial freedom. I should have listened to him, 631 00:34:09,000 --> 00:34:12,000 but it is what it is. We're still early in this whole 632 00:34:12,000 --> 00:34:14,159 Bitcoin experiment, even though it's 15 years old. 633 00:34:14,440 --> 00:34:17,560 But a lot of people have made-up their minds about Bitcoin and so 634 00:34:17,560 --> 00:34:21,440 only very defining things will change their mind. 635 00:34:21,440 --> 00:34:24,400 Either they gotta feel pain or the price has to go absolutely 636 00:34:24,400 --> 00:34:26,360 nuclear. And every single one of us has 637 00:34:26,360 --> 00:34:31,320 to not only build ourselves up, but build up businesses and be a 638 00:34:31,320 --> 00:34:33,719 shining example what it means to be a bit corner. 639 00:34:33,719 --> 00:34:37,120 And until then we have the opportunity to stack Sats. 640 00:34:37,120 --> 00:34:41,080 And as Matt is doing over there, when you build it, they will 641 00:34:41,080 --> 00:34:43,800 come. So in time, hey, this is just 642 00:34:43,800 --> 00:34:47,120 giving us good cover to build over here and continue to spread 643 00:34:47,120 --> 00:34:50,560 the signal and eventually those kids will come around, but until 644 00:34:50,560 --> 00:34:53,080 then, hey, they will just have fun staying poor. 645 00:34:53,080 --> 00:34:55,040 It is what it is. All right everybody. 646 00:34:55,040 --> 00:34:57,600 Before we get on to the news, I do want to give a shout out to 647 00:34:57,640 --> 00:35:02,640 our sponsor and of course I'm talking about Anders Pleb Party 648 00:35:02,960 --> 00:35:06,400 and it's going to be thrown at Bitcoin, it's going to be 649 00:35:06,400 --> 00:35:08,160 around, it's going to be in Nashville. 650 00:35:08,200 --> 00:35:11,280 So if you're already going to the Bitcoin 2024 conference in 651 00:35:11,280 --> 00:35:14,880 Nashville, you definitely don't want to miss the 12 hour open 652 00:35:14,880 --> 00:35:18,040 bar from noon to midnight. Pleb Party Nashville the day 653 00:35:18,040 --> 00:35:22,200 before the biggest conference in the United States, Thursday, 654 00:35:22,200 --> 00:35:25,880 July 25th, the last Pleb party in Miami was sold out in eight 655 00:35:25,880 --> 00:35:27,800 days. I can't emphasize enough the 656 00:35:27,800 --> 00:35:31,000 fact that if you're going to Nashville, you're like, OK, I'm 657 00:35:31,000 --> 00:35:32,760 not going to buy tickets to the Pleb Party. 658 00:35:32,760 --> 00:35:34,720 What's going to end up happening is that all your friends, 659 00:35:35,400 --> 00:35:39,000 including Larry Fink, Preston Pish, the entire Simply Bitcoin 660 00:35:39,000 --> 00:35:42,360 Crew, James Lavish, Robert Breedlove, Mark Moss, Pubby 661 00:35:42,360 --> 00:35:45,000 Tatum, All your friends are probably going to end up at the 662 00:35:45,000 --> 00:35:46,560 Pleb Party. And the last thing that you want 663 00:35:46,560 --> 00:35:51,720 to happen is you don't get your tickets And then you know 664 00:35:51,840 --> 00:35:53,880 they're sold out. It's like literally they can't 665 00:35:53,880 --> 00:35:56,320 let you inside because of the fire regulations. 666 00:35:56,320 --> 00:35:57,880 Do you want to get your tickets quickly? 667 00:35:57,880 --> 00:36:00,760 It's going to be hosted an amazing venue, A rustic 668 00:36:00,760 --> 00:36:05,800 automobile factory from 1910 with brick walls and tons of 669 00:36:05,800 --> 00:36:09,240 proof of work atmosphere. Over 1000 bitcoiners are 670 00:36:09,240 --> 00:36:12,720 expected to attend, so you can scan the QR code or check the 671 00:36:12,720 --> 00:36:15,520 link in the video description. Get your tickets to the Pleb 672 00:36:15,520 --> 00:36:18,240 Party that Bitcoin Nashville 2024. 673 00:36:18,240 --> 00:36:19,640 All right, everybody, let's hit the news. 674 00:36:23,080 --> 00:36:27,200 The Daily News. I want to give a shout out to 675 00:36:27,200 --> 00:36:31,560 our sponsor, Foundation Devices. It's self custody done right. 676 00:36:31,560 --> 00:36:35,160 They built a premium grade hardware wallet called Passport 677 00:36:35,280 --> 00:36:38,200 right here in the US. It's fully open source and 678 00:36:38,200 --> 00:36:40,880 verifiable. It's the most intuitive Bitcoin 679 00:36:40,880 --> 00:36:44,760 wallet designed with the UX, reminiscent of a simple feature 680 00:36:44,760 --> 00:36:47,600 phone so you will know how to navigate it and use it the 681 00:36:47,600 --> 00:36:50,880 moment you pick it up. Get your Bitcoin off exchanges 682 00:36:50,880 --> 00:36:53,600 and into your into your own hands in just a few minutes. 683 00:36:53,600 --> 00:36:56,640 Experience the Peace of Mind that comes with taking ownership 684 00:36:56,680 --> 00:36:59,640 of your own keys. After a massive sell out during 685 00:36:59,640 --> 00:37:03,640 Bitcoin Miami 2023, the passport is back in stock at 686 00:37:03,640 --> 00:37:06,680 foundationdevices.com. Bitcoin only. 687 00:37:06,760 --> 00:37:08,800 Open source. Verifiable completely. 688 00:37:08,800 --> 00:37:12,320 Air gap security model. Gorgeous design, Craft premium 689 00:37:12,320 --> 00:37:14,680 grade materials. If you're thinking about getting 690 00:37:14,680 --> 00:37:17,280 your Bitcoin off exchange changes, this is the one for 691 00:37:17,280 --> 00:37:19,360 you. Check out the passport link in 692 00:37:19,360 --> 00:37:21,320 the show notes below to learn more. 693 00:37:22,040 --> 00:37:24,160 I always make it incredibly easy for you guys. 694 00:37:24,160 --> 00:37:26,080 So you can scan the QR code on your screen. 695 00:37:26,080 --> 00:37:29,480 It'll take you directly. That's the wrong what Update. 696 00:37:29,600 --> 00:37:32,120 OK, you can scan the QR code on your screen. 697 00:37:32,120 --> 00:37:36,160 It'll take you directly to the Passport by Foundation Devices 698 00:37:36,160 --> 00:37:39,480 website where you guys can get yourself a Bitcoin hardware 699 00:37:39,480 --> 00:37:41,040 wallet. Completely open source, Easy to 700 00:37:41,040 --> 00:37:42,800 use if you paired up with the Envoy app. 701 00:37:42,800 --> 00:37:46,200 Like it makes spending Bitcoin from cold storage incredibly 702 00:37:46,200 --> 00:37:47,760 simple. So check it out today. 703 00:37:47,920 --> 00:37:50,760 You can check out the QR code or check the link in the video 704 00:37:50,760 --> 00:37:52,560 description. Anyways, you guys are going to 705 00:37:52,600 --> 00:37:54,880 kill me, but I'm going to do it anyways. 706 00:37:55,440 --> 00:38:00,240 I love this book. I think it's not predicting 707 00:38:00,240 --> 00:38:03,600 exactly what's going to happen, but I like the philosophy and 708 00:38:03,600 --> 00:38:06,720 kind of like the theory behind how they made a lot of these 709 00:38:06,720 --> 00:38:09,200 predictions. And I think so far that theory 710 00:38:09,200 --> 00:38:12,280 has been proven right. So I always kind of give a 711 00:38:12,280 --> 00:38:17,000 little bit of of sovereign individual thesis and quotes 712 00:38:17,920 --> 00:38:22,760 before we get on to some of the news segments because if you see 713 00:38:22,760 --> 00:38:26,600 the news segments by themselves standing on by, standing by 714 00:38:26,600 --> 00:38:30,040 themselves, you don't connect the dots, you don't understand 715 00:38:30,040 --> 00:38:34,320 what is fully happening. I truly believe we're we are 716 00:38:34,640 --> 00:38:37,040 transitioning into this era of I called the great 717 00:38:37,040 --> 00:38:40,720 disintermediation of of just the great disintermediation. 718 00:38:40,720 --> 00:38:42,440 I think two things are happening. 719 00:38:42,880 --> 00:38:44,720 First, the great disintermediation of 720 00:38:44,720 --> 00:38:48,880 information, massive peer-to-peer communications on a 721 00:38:48,880 --> 00:38:55,440 worldwide level has completely hindered the ability for mass 722 00:38:55,440 --> 00:38:58,120 narrative control. I think that's the first step. 723 00:38:58,640 --> 00:39:01,840 I think the interview that not, I think I know the interview 724 00:39:02,040 --> 00:39:06,200 with Tucker and Mike Benz was was so phenomenal. 725 00:39:06,200 --> 00:39:09,600 I can't emphasize enough how much you guys have to watch that 726 00:39:09,600 --> 00:39:12,360 interview, literally to the point where if you search for it 727 00:39:12,360 --> 00:39:14,280 on YouTube, it won't pop up. You have to search for it on 728 00:39:14,280 --> 00:39:16,120 Google and then we'll take you, then it will take you to the 729 00:39:16,120 --> 00:39:19,120 YouTube video. But basically he was making the 730 00:39:19,120 --> 00:39:22,760 case that governments were not prepared for social media. 731 00:39:22,840 --> 00:39:25,120 They were just not. It's it's get it's caught them 732 00:39:25,120 --> 00:39:29,240 flat footed completely and then their attempt to censor 733 00:39:29,240 --> 00:39:32,080 information, you know, and that's this has been leaked 734 00:39:32,320 --> 00:39:34,880 through the Twitter files. More information has been linked 735 00:39:35,040 --> 00:39:37,880 that, you know, the government has asked YouTube, Facebook, all 736 00:39:37,880 --> 00:39:40,800 these platforms to censor certain types of speech, to 737 00:39:40,800 --> 00:39:42,320 throttle certain types of speech. 738 00:39:42,680 --> 00:39:44,840 I think it's an indication of what I'm saying. 739 00:39:45,000 --> 00:39:48,720 And then what we're transitioning slowly into is the 740 00:39:48,760 --> 00:39:52,320 the disintermediation of money, which I think will have even 741 00:39:52,320 --> 00:39:54,520 more consequence in the great disintermediation of 742 00:39:54,520 --> 00:39:57,800 information. Now all of that being said, you 743 00:39:57,800 --> 00:40:00,400 have to prepare for what's to come. 744 00:40:00,520 --> 00:40:02,080 How do you prepare for what's to come? 745 00:40:02,080 --> 00:40:04,480 First, take Bitcoin into self custody. 746 00:40:04,680 --> 00:40:08,440 Second, probably a good idea. To run a Bitcoin node, obviously 747 00:40:08,440 --> 00:40:10,760 I recommend the one that I run, which is the start 9. 748 00:40:11,040 --> 00:40:13,640 There's a promo code down in the video description, go to 749 00:40:13,640 --> 00:40:17,320 start9.com and of course Sovereign computing goes into 750 00:40:17,320 --> 00:40:19,480 this. Noster goes into this right, 751 00:40:19,480 --> 00:40:24,680 which is completely censorship resistant social media and it 752 00:40:24,680 --> 00:40:28,320 when you have these types of tools that governments cannot 753 00:40:28,320 --> 00:40:32,080 shut down, they cannot censor, it kind of becomes a forcing 754 00:40:32,080 --> 00:40:35,560 function in a way where they they have to like because they 755 00:40:35,560 --> 00:40:37,560 can't shut it down, they have to kind of live with it. 756 00:40:38,520 --> 00:40:43,080 And if they're living with it, I don't think that you know, the 757 00:40:43,120 --> 00:40:48,600 approved narrative or Fiat money, you know, can withstand 758 00:40:48,600 --> 00:40:50,840 truth, can withstand competition. 759 00:40:51,240 --> 00:40:53,440 And I think that's what we're starting to see the first 760 00:40:53,440 --> 00:40:56,880 inklings of, you know, and I'll and I'll give multiple examples 761 00:40:56,880 --> 00:40:59,120 of that. But before we do that, I do want 762 00:40:59,120 --> 00:41:01,880 to read some passages from one of my favorite books. 763 00:41:02,120 --> 00:41:05,040 Not my favorite book, but one of my favorite books, the Sovereign 764 00:41:05,040 --> 00:41:07,120 Individual. So first, in the new Millennium, 765 00:41:07,120 --> 00:41:09,440 cyber money controlled by private markets will supersede 766 00:41:09,440 --> 00:41:11,120 Fiat money issued by governments. 767 00:41:11,400 --> 00:41:14,000 The authors have also predicted that with the rise of this new 768 00:41:14,000 --> 00:41:17,200 cyberspace and consequently cyber money will become harder 769 00:41:17,200 --> 00:41:20,120 for a nation state to collect taxes from its citizens. 770 00:41:20,400 --> 00:41:23,800 Now when they say taxes, it's not only income tax. 771 00:41:23,800 --> 00:41:29,520 We'll get to that in a second. But it's also tax via inflation, 772 00:41:29,560 --> 00:41:31,880 which I think is a more insidious tax. 773 00:41:32,200 --> 00:41:35,800 I think it's a tax that, like, people are just not aware of, 774 00:41:36,600 --> 00:41:39,000 you know, when I see them clapping or when they see, you 775 00:41:39,000 --> 00:41:41,040 know, I walked around my neighborhood and I literally 776 00:41:41,040 --> 00:41:46,000 saw, you know, literal flags and flags of flags of like, you 777 00:41:46,000 --> 00:41:49,880 know, things of saying like, look, I support this war in 778 00:41:49,880 --> 00:41:52,920 Ukraine or I support this war in Israel and I support and 779 00:41:52,920 --> 00:41:55,600 whatever. And it's like look like if you 780 00:41:55,600 --> 00:42:01,440 take a look at 2023, you know the US government spent $1.7 781 00:42:01,440 --> 00:42:06,000 trillion more than it collected in tax revenue 1.7 trillion. 782 00:42:06,000 --> 00:42:08,760 Where is that money coming from? They're printing the difference. 783 00:42:08,760 --> 00:42:12,760 People don't understand that they are paying for it through 784 00:42:12,760 --> 00:42:15,560 currency debasement, right? It's this kind of the SIOP 785 00:42:15,560 --> 00:42:17,040 thing. This is like you know you have a 786 00:42:17,040 --> 00:42:21,880 whole you have a whole stadium of of of kids literally you know 787 00:42:21,880 --> 00:42:24,080 and Matt's saying what I I agree with this point. 788 00:42:24,080 --> 00:42:27,320 It's not appropriate setting but they're literally like booing at 789 00:42:27,320 --> 00:42:30,440 this thing like they don't know we we still have so much work to 790 00:42:30,440 --> 00:42:33,120 do in regards to this topic. Anyways I got a little bit 791 00:42:33,120 --> 00:42:34,960 sidetracked. Anyways, it goes on to say they 792 00:42:34,960 --> 00:42:39,120 compared the state to a farmer keeping cows in the field to be 793 00:42:39,120 --> 00:42:42,760 milked, but that soon the cows will have wings. 794 00:42:42,760 --> 00:42:45,600 They predict that for the government to collect taxes from 795 00:42:45,600 --> 00:42:48,320 its citizens in this type of society, it would have to 796 00:42:48,320 --> 00:42:50,920 violate human rights. Even traditionally civil 797 00:42:50,920 --> 00:42:53,680 countries will have to resort and turn nasty. 798 00:42:53,840 --> 00:42:56,880 And it goes on to say, lacking their custom scope to tax and 799 00:42:56,880 --> 00:42:59,680 inflate, governments even in traditionally civil countries 800 00:42:59,680 --> 00:43:01,800 will turn nasty. Businesses that offer the 801 00:43:01,800 --> 00:43:04,960 services that facilitate the realization of autonomy by 802 00:43:04,960 --> 00:43:08,560 individuals will be subject to infiltration, sabotage, and 803 00:43:08,560 --> 00:43:10,640 disruption. Arbitrary forfeiture of 804 00:43:10,640 --> 00:43:12,720 property, already commonplace in the United States where it 805 00:43:12,720 --> 00:43:15,880 occurs 5000 times a week, will become even more pervasive. 806 00:43:16,160 --> 00:43:19,240 Governments will violate human rights, censor the free flow of 807 00:43:19,240 --> 00:43:22,200 information, sabotage, useful technologies, and worse. 808 00:43:22,520 --> 00:43:26,800 And I can't help but to, in my mind reference the name Buchelli 809 00:43:26,800 --> 00:43:29,680 article where it's called Don't Drink the Elite Kool-aid, where 810 00:43:29,680 --> 00:43:32,560 he says their most important weapon, the most powerful 811 00:43:32,560 --> 00:43:34,760 weapon, is their control on the truth. 812 00:43:34,760 --> 00:43:40,880 Now all of that being said, there's a lot of examples of 813 00:43:40,880 --> 00:43:45,480 this specific of this of these specific passages, so 814 00:43:45,480 --> 00:43:47,320 infiltration, sabotage and disruption. 815 00:43:47,680 --> 00:43:53,280 So the US government basically by starting with tornado cash, 816 00:43:53,280 --> 00:43:56,520 setting the precedent that all of a sudden the US Treasury has 817 00:43:56,520 --> 00:44:00,400 the power to open to sanction open source software, they set 818 00:44:00,400 --> 00:44:04,320 the precedent less than, you know, nine months later they 819 00:44:04,320 --> 00:44:07,160 started arresting Bitcoin privacy developers. 820 00:44:07,160 --> 00:44:10,000 And of course, I'm talking about the Samurai guys once again 821 00:44:10,000 --> 00:44:13,560 setting the precedent and again, not through the legislative 822 00:44:13,560 --> 00:44:17,040 process, but the US government has been able to successfully, 823 00:44:18,200 --> 00:44:22,800 you know, destroy mixing without having to pass any type of 824 00:44:22,800 --> 00:44:27,400 legislation basically through it through enforcement instead. 825 00:44:27,920 --> 00:44:30,680 Which you know, of course, this is law fair, this is State Fair, 826 00:44:30,680 --> 00:44:32,520 this is what they're talking about, right? 827 00:44:33,280 --> 00:44:39,720 They're trying to impose the existing surveillance system on 828 00:44:39,720 --> 00:44:42,520 top of Bitcoin. And anyone who you know, 829 00:44:42,520 --> 00:44:47,440 basically goes outside of that system, they'll make an example 830 00:44:47,440 --> 00:44:48,800 of. And of course, I don't like to 831 00:44:48,800 --> 00:44:51,360 talk kindly about Rodger Ver because of what happened with 832 00:44:51,360 --> 00:44:54,360 Bitcoin Cash. But at the end of the day, you 833 00:44:54,360 --> 00:44:59,120 know, his arrest was basically sending a message to everyone, 834 00:44:59,120 --> 00:45:01,880 basically saying, look, it doesn't matter whether you gave 835 00:45:01,880 --> 00:45:05,000 up your US citizenship, you know, it doesn't matter if you 836 00:45:05,000 --> 00:45:07,920 broke these laws five years ago, breaking the laws in the sense 837 00:45:07,920 --> 00:45:12,840 of not paying taxes, the exit tax supposedly was what he was 838 00:45:12,840 --> 00:45:14,760 charged for. We will find you. 839 00:45:14,800 --> 00:45:18,280 It doesn't matter where you are. You know, Uncle Sam, we'll get 840 00:45:18,280 --> 00:45:20,680 you and we'll put you in a box and we'll make an example out of 841 00:45:20,680 --> 00:45:22,400 you, Mind you. Right. 842 00:45:22,400 --> 00:45:26,000 You know, whether it's in the case of the samurai guys, like 843 00:45:26,440 --> 00:45:28,040 who are the biggest money launderers? 844 00:45:28,320 --> 00:45:29,920 Banks. What do they get? 845 00:45:29,920 --> 00:45:32,480 What are the consequences for them breaking those types of 846 00:45:32,480 --> 00:45:34,840 laws? They get fines, right? 847 00:45:35,000 --> 00:45:38,680 Remember, no banker went to 8. No, no banker went to jail for 848 00:45:38,680 --> 00:45:43,720 2008, even though I think that had a much worse effect on 849 00:45:43,720 --> 00:45:47,280 society than anything that the Samurai wallet guys did, 850 00:45:47,560 --> 00:45:50,080 anything that the tornado cash guys did. 851 00:45:50,960 --> 00:45:53,640 And then this is what I want to talk about today because this 852 00:45:53,640 --> 00:45:55,920 news just dropped. And I think again, it's another 853 00:45:55,920 --> 00:45:59,880 reflection of how the state sees you, how the government sees 854 00:45:59,880 --> 00:46:02,720 you. And this is in the case of 855 00:46:02,720 --> 00:46:04,960 Canada. So there, Canada's proposing a 856 00:46:04,960 --> 00:46:10,800 $25,000 penalty plus A2 times exit tax to citizens who leave 857 00:46:10,800 --> 00:46:13,920 the country. The, you know, the person who 858 00:46:13,960 --> 00:46:16,600 initially tweeted this says, I've been warning you, modern 859 00:46:16,600 --> 00:46:19,240 feudalism is coming to Western countries. 860 00:46:19,240 --> 00:46:21,880 I would even make the case that it's not. 861 00:46:21,960 --> 00:46:23,440 It's already here. Right? 862 00:46:23,680 --> 00:46:25,880 And what's really interesting about the sovereign individual 863 00:46:25,880 --> 00:46:29,840 is that when they were writing that book, it, they initially 864 00:46:29,840 --> 00:46:33,680 passed the first exit tax in the US and they were basically 865 00:46:33,680 --> 00:46:38,240 theorizing that this was going to be used against Americans 866 00:46:38,240 --> 00:46:39,520 down the road. Right. 867 00:46:40,320 --> 00:46:42,480 And the whole idea, the whole premise of an exit tax for 868 00:46:42,480 --> 00:46:46,960 anyone who's not aware is this idea that what if you leave the 869 00:46:46,960 --> 00:46:48,600 country, right? You say, I'm going to give, I'm 870 00:46:48,600 --> 00:46:50,000 going to renounce my citizenship. 871 00:46:50,200 --> 00:46:54,120 You have to, per SE, You have to pay 50% of your net worth to the 872 00:46:54,280 --> 00:46:55,320 US government. Right. 873 00:46:55,720 --> 00:46:58,960 So again, you know, you took the risk, you made the money, you 874 00:46:58,960 --> 00:47:02,920 made the whatever. the US government feels entitled to 50% 875 00:47:02,920 --> 00:47:04,280 of that. Now that's the law, right? 876 00:47:04,280 --> 00:47:06,160 I can't argue that's the law. It's my opinion. 877 00:47:06,160 --> 00:47:09,080 I think it's an unjust law, but I think we're going to start to 878 00:47:09,080 --> 00:47:14,120 see more and more people flee, you know, unfavorable tax 879 00:47:14,120 --> 00:47:18,200 jurisdictions. Now here's the official, here's 880 00:47:18,200 --> 00:47:22,440 the official proposal. So it says Canada proposes 25K 881 00:47:22,440 --> 00:47:26,920 departure penalty and increase taxes to curb immigration crisis 882 00:47:27,160 --> 00:47:29,760 in a bid to address a growing immigration crisis. 883 00:47:29,760 --> 00:47:32,960 The Canadian government under Prime Minister Justin Trudeau is 884 00:47:32,960 --> 00:47:36,240 reportedly discussing significant measures to deter 885 00:47:36,240 --> 00:47:37,800 citizens from leaving the country. 886 00:47:38,120 --> 00:47:41,480 According to insider insider sources, the proposed strategy 887 00:47:41,480 --> 00:47:45,920 includes a $25,000 departure penalty along with a doubling of 888 00:47:45,920 --> 00:47:48,760 the exiting departure tax for those seeking to relocate 889 00:47:48,760 --> 00:47:51,760 abroad. This approach ends to stain to 890 00:47:51,800 --> 00:47:55,800 stem the tide of Canadians moving overseas amidst ongoing 891 00:47:55,800 --> 00:47:59,120 national crisis in housing inflation, affordability, 892 00:47:59,120 --> 00:48:00,960 education, productivity and climate. 893 00:48:00,960 --> 00:48:05,280 OK, so you can make a very strong case that they are 894 00:48:05,280 --> 00:48:09,120 responsible for a lot of these so-called crises, right? 895 00:48:09,360 --> 00:48:11,760 It's definitely inflation. You can make that. 896 00:48:11,800 --> 00:48:13,880 You can make an argument that they're responsible for the 897 00:48:13,880 --> 00:48:16,160 housing issues. You could definitely make the 898 00:48:16,160 --> 00:48:20,200 case that they're responsible for, for the educational aspect, 899 00:48:20,360 --> 00:48:23,840 for the affordability aspect. Now instead of facing the 900 00:48:23,840 --> 00:48:27,440 consequences, what do they do? Exactly what the sovereign 901 00:48:27,440 --> 00:48:31,240 individual says literally taking people hostage, trying to take 902 00:48:31,240 --> 00:48:33,680 an entire country hostage. It goes on to say the 903 00:48:33,680 --> 00:48:35,960 discussions are still confidential, with details yet 904 00:48:35,960 --> 00:48:39,840 to be publicly confirmed as the government explores options to 905 00:48:39,840 --> 00:48:43,320 maintain, maintain its population and stabilize the 906 00:48:43,320 --> 00:48:46,160 country's situation. Now you know they they did 907 00:48:46,160 --> 00:48:51,760 propose, and this is public, a 6067% capital gains tax. 908 00:48:52,080 --> 00:48:56,200 And in the US, you know, if Biden gets elected, a 44% 909 00:48:56,560 --> 00:48:59,640 capital gains tax, right. So you know, it's just it's just 910 00:48:59,640 --> 00:49:02,120 interesting how all of this is playing out. 911 00:49:02,640 --> 00:49:06,880 And again, you know, I I I think it would if Bitcoin didn't 912 00:49:06,880 --> 00:49:11,440 exist, man, you know, it would be a pretty Dark World because 913 00:49:11,440 --> 00:49:14,600 it's just these governments, these these states feel like 914 00:49:14,600 --> 00:49:16,720 they're entitled to you. You know, I think that the book, 915 00:49:16,720 --> 00:49:20,360 when they said, you know they see basically a citizen like a 916 00:49:20,360 --> 00:49:24,000 cattle and they have the ability to milk them, I think is a very, 917 00:49:24,000 --> 00:49:26,240 very accurate description in the way that they see you. 918 00:49:27,200 --> 00:49:30,560 And I think the Internet has basically, you know started the 919 00:49:30,560 --> 00:49:34,160 the freedom flame and then Bitcoin came along and put a a 920 00:49:34,280 --> 00:49:37,680 giant gallon drum of gasoline and just poured it on there and 921 00:49:37,680 --> 00:49:41,840 they just ignited this fire and they're they don't know how to 922 00:49:41,840 --> 00:49:43,640 react to it. They don't know how to because 923 00:49:43,640 --> 00:49:47,640 their their monopoly on violence doesn't have the return that it 924 00:49:47,640 --> 00:49:50,280 used to. And it's just very, very 925 00:49:50,280 --> 00:49:53,080 interesting to say the least. Anyways, that's my take. 926 00:49:53,240 --> 00:49:54,760 Matt, what's your take on all this? 927 00:49:55,320 --> 00:49:57,920 Are you seeing what I'm seeing, or am I seeing things that are 928 00:49:57,920 --> 00:50:01,200 not there? I mean, it's hard to argue with 929 00:50:01,200 --> 00:50:04,520 what is there and in front of our eyes. 930 00:50:04,880 --> 00:50:08,400 So this is definitely happening. It does accord with the thesis 931 00:50:08,400 --> 00:50:13,400 of the sovereign individual. It makes sense given the nature 932 00:50:13,400 --> 00:50:17,760 of government and Fiat money and you know how these systems 933 00:50:17,760 --> 00:50:21,560 function that they would, you know, want to restrict 934 00:50:22,000 --> 00:50:25,920 expatriation because it is removing productive energy and 935 00:50:25,920 --> 00:50:31,960 value from the economy. And you know, for the US you 936 00:50:31,960 --> 00:50:35,200 had, you had brought it up, your numbers were a little off. 937 00:50:35,280 --> 00:50:40,640 So for the US, the tax is somewhere in the 23% range. 938 00:50:42,520 --> 00:50:45,840 That's 20% capital gains. Basically, the US treats it as 939 00:50:46,440 --> 00:50:47,680 if you renounce your citizenship. 940 00:50:48,560 --> 00:50:52,160 It's as though you sold all your assets in that moment, and so 941 00:50:52,160 --> 00:50:54,640 you owe capital gains taxes on them. 942 00:50:54,640 --> 00:50:58,720 It's basically taxing unrealized capital gains at the moment of 943 00:50:59,360 --> 00:51:04,960 renunciation, plus an added like 3% fee or whatever. 944 00:51:05,880 --> 00:51:09,800 So it's not 50%. I'm not saying that 23% is good. 945 00:51:09,800 --> 00:51:14,720 It's criminal. That should be 0 of course, but 946 00:51:14,720 --> 00:51:18,720 secondly it it only effects certain individuals, so you have 947 00:51:18,720 --> 00:51:23,120 to meet a particular criteria to be taxed for renouncing your 948 00:51:23,120 --> 00:51:26,000 citizenship. You have to either have over 2 949 00:51:26,000 --> 00:51:31,680 million in assets or you have to have made the equivalent of like 950 00:51:31,760 --> 00:51:38,280 4 or $500,000 per year for the previous five years to to be. 951 00:51:40,280 --> 00:51:42,080 I just showed. I just showed that connection 952 00:51:42,080 --> 00:51:43,360 was lost. Am I still here? 953 00:51:43,680 --> 00:51:44,960 You're still, you're still here. Cool. 954 00:51:45,760 --> 00:51:49,640 So again, not excusing it in any way, just adding a little bit of 955 00:51:49,640 --> 00:51:51,920 context to the to the whole situation. 956 00:51:51,920 --> 00:51:55,040 It's not that it universally applies to everyone, it only 957 00:51:55,040 --> 00:51:58,040 applies to high net worth and net earners. 958 00:51:58,280 --> 00:52:02,360 And it is 23%, not 50%. All that said, fuck em. 959 00:52:02,560 --> 00:52:07,280 That is ridiculous human rights violation in my opinion. 960 00:52:07,640 --> 00:52:10,000 We're free people and we should be able to go wherever we want, 961 00:52:10,840 --> 00:52:13,400 you know? If not, then we're we're not 962 00:52:13,400 --> 00:52:16,720 free. So I'm against it, but it's 963 00:52:16,720 --> 00:52:23,960 coming and it's probably coming to most countries and and yeah, 964 00:52:24,240 --> 00:52:29,480 it won't work long term, but it will definitely affect people's 965 00:52:29,480 --> 00:52:33,600 lives before it doesn't work. It will work right for a while, 966 00:52:33,680 --> 00:52:35,880 and on many people. It will prevent people from 967 00:52:36,560 --> 00:52:42,160 moving, or it'll cost people in in real, meaningful amounts of 968 00:52:42,160 --> 00:52:46,080 money who do leave. Yeah, I I 100% agree with you 969 00:52:46,360 --> 00:52:50,240 and I think you know them. Making an example of Rodger Ver 970 00:52:50,280 --> 00:52:54,320 is just like just them saying like, look like you can't escape 971 00:52:54,320 --> 00:52:56,120 Uncle Sam. Like it doesn't matter where you 972 00:52:56,120 --> 00:52:58,760 are, it doesn't matter where you are around the world, You know, 973 00:52:58,760 --> 00:53:01,800 if you don't pay this exit tax, if you don't pay your pound of 974 00:53:01,800 --> 00:53:05,000 flesh, you know, we're going to put you in a box essentially. 975 00:53:05,000 --> 00:53:06,520 So, Opti, what's your take on this, brother? 976 00:53:06,520 --> 00:53:07,760 And then we'll get on to the culture. 977 00:53:08,680 --> 00:53:12,440 Yeah, well, I mean, I think especially for us here, we cover 978 00:53:12,440 --> 00:53:14,760 the news every single day. But it's becoming clearer and 979 00:53:14,760 --> 00:53:17,120 clearer that the powers that be want to keep us in digital 980 00:53:17,120 --> 00:53:19,200 slavery. And hopefully more people are 981 00:53:19,200 --> 00:53:22,680 waking up to the illegitimacy of these institutions. 982 00:53:22,680 --> 00:53:25,840 And you know, the more they push, the more I think there 983 00:53:25,840 --> 00:53:28,960 will be an opposite reaction and people start to wake up to how 984 00:53:28,960 --> 00:53:32,720 crazy things really are getting. But I think you did, you did 985 00:53:32,720 --> 00:53:35,800 start with the conversation of Tiger Carlson and Mike bands. 986 00:53:35,800 --> 00:53:39,720 And I think this is just another shining, an example of the power 987 00:53:39,720 --> 00:53:42,680 of peer-to-peer communications. And it's shown that the powers 988 00:53:42,680 --> 00:53:44,960 that be have lost control. Hence why they're getting more 989 00:53:44,960 --> 00:53:49,280 and more desperate and trying to control not only communication 990 00:53:49,280 --> 00:53:52,600 and censorship on the Internet, but also your capital. 991 00:53:52,600 --> 00:53:55,800 They're trying to instill as much capital controls as 992 00:53:55,800 --> 00:53:59,240 possible because like Matt was saying, you know, if they push 993 00:53:59,240 --> 00:54:01,360 too hard, people are just going to get up and leave. 994 00:54:01,360 --> 00:54:04,680 And so it's not surprising that they're going to make examples 995 00:54:04,680 --> 00:54:06,120 of people. It's not surprising that they're 996 00:54:06,120 --> 00:54:07,920 going to continue to make examples of people. 997 00:54:08,120 --> 00:54:10,160 And I'm not surprised that they're trying to control 998 00:54:10,160 --> 00:54:11,680 capital. We've seen this happen. 999 00:54:11,680 --> 00:54:14,360 We've seen this play out in history many, many times. 1000 00:54:14,640 --> 00:54:17,920 And you know, the powers that be are going to continue to try to 1001 00:54:17,920 --> 00:54:21,560 do this. So it's because everyone knows 1002 00:54:21,600 --> 00:54:25,360 that there is only two votes that really matter and it is 1003 00:54:25,360 --> 00:54:27,040 with your feet and with your pocketbook. 1004 00:54:27,040 --> 00:54:30,680 So once they try to stop you from moving and they try to 1005 00:54:30,680 --> 00:54:34,000 control your capital, you know how desperate things are 1006 00:54:34,000 --> 00:54:37,000 getting. And so it is a really defining 1007 00:54:37,000 --> 00:54:40,920 moment, I think in the history of humanity at large that things 1008 00:54:40,920 --> 00:54:43,640 are heating up because the powers that be are desperate. 1009 00:54:43,680 --> 00:54:47,200 Hence why they are trying to censor information, Hence why 1010 00:54:47,200 --> 00:54:50,240 they're trying to control capital is because they have 1011 00:54:50,360 --> 00:54:53,040 lost that control, or rather are losing that control and people 1012 00:54:53,040 --> 00:54:56,000 are waking up and people are having these conversations and 1013 00:54:56,000 --> 00:54:59,960 people are at at the very least starting to push back against 1014 00:54:59,960 --> 00:55:02,920 their narratives and this is absolutely terrifying them. 1015 00:55:02,920 --> 00:55:05,880 So I'm not surprised that Canada is doing this. 1016 00:55:06,080 --> 00:55:10,280 Let's not forget that Canada is usually a test bed for extremely 1017 00:55:10,280 --> 00:55:13,400 bad ideas. And so like Matt was saying, 1018 00:55:13,760 --> 00:55:16,240 don't be naive out there and thinking that oh, this won't 1019 00:55:16,240 --> 00:55:19,160 happened in the US or this won't happen in my country. 1020 00:55:19,160 --> 00:55:22,720 It just be prepared for this to come to a country near you 1021 00:55:22,720 --> 00:55:24,880 because we know that this has happened before. 1022 00:55:24,880 --> 00:55:27,400 They'll do stuff in Canada and then they'll try to export that 1023 00:55:27,400 --> 00:55:29,760 everywhere else. So if this is happening in in 1024 00:55:29,760 --> 00:55:34,480 Canada, then it's most likely going to happen in the US We are 1025 00:55:34,480 --> 00:55:36,920 seeing it happen in other Western countries already. 1026 00:55:37,160 --> 00:55:41,640 So this is, this is one of those moments where if you have 1027 00:55:41,640 --> 00:55:44,680 studied any amount of history, you know that this was going to 1028 00:55:44,680 --> 00:55:48,080 happen when an empire starts to crumble, when people start to 1029 00:55:48,080 --> 00:55:52,600 lose faith in these institutions, when the 1030 00:55:52,600 --> 00:55:56,480 institutions start to lose their legitimacy, they always do the 1031 00:55:56,480 --> 00:55:58,640 same thing. They try to crack down on people 1032 00:55:58,640 --> 00:56:02,000 having these conversations and they also try to crack down on 1033 00:56:02,000 --> 00:56:06,600 your capitol and basically force you into now it's digital 1034 00:56:06,600 --> 00:56:08,920 slavery, but in the past it would just be just straight up 1035 00:56:08,920 --> 00:56:12,600 slavery and and make you, you know, one of their one of their 1036 00:56:12,600 --> 00:56:15,160 cattle or chattel as the meme goes. 1037 00:56:15,160 --> 00:56:17,360 And so I'm not surprised that this is happening. 1038 00:56:18,320 --> 00:56:21,800 Canada is, I think has a long history of doing extremely bad 1039 00:56:21,800 --> 00:56:24,600 things to their people and the people just being too nice to 1040 00:56:24,600 --> 00:56:28,320 say anything. So I I'm not surprised that this 1041 00:56:28,320 --> 00:56:31,040 is happening. Obviously when you take this in 1042 00:56:31,040 --> 00:56:33,680 the context of everything happening in the world, it it's 1043 00:56:33,680 --> 00:56:38,160 like Maddow he says it's this is exactly, you know, par for the 1044 00:56:38,160 --> 00:56:42,280 course of what empires do when they start to lose that power. 1045 00:56:42,520 --> 00:56:45,960 They clamp down on their citizens And so let's not let's 1046 00:56:45,960 --> 00:56:48,120 not be surprised when this happens everywhere else because 1047 00:56:48,120 --> 00:56:50,640 it's going to happen. They're going to try to clamp 1048 00:56:50,640 --> 00:56:53,680 down on you guys moving freely on your capitol. 1049 00:56:54,160 --> 00:56:56,920 They got to keep you in the in the in the ranch, they got to 1050 00:56:56,920 --> 00:56:59,640 keep you in the cattle. They got to keep you in the 1051 00:56:59,640 --> 00:57:02,520 plantation for lack of better terms because that's where they 1052 00:57:02,520 --> 00:57:06,000 get their power from is by people believing they still have 1053 00:57:06,000 --> 00:57:11,040 legitimacy and controlling human conversations and human movement 1054 00:57:11,040 --> 00:57:13,280 which comes with the control of capital. 1055 00:57:13,280 --> 00:57:17,120 So I'm not surprised but man Canada just absolutely wrecking 1056 00:57:17,120 --> 00:57:19,680 their citizens. It's it's it must be bad being a 1057 00:57:19,680 --> 00:57:23,400 Canadian right now. All right guys, before we get on 1058 00:57:23,400 --> 00:57:26,360 to the culture, I do want to give a shout out to sponsor. 1059 00:57:26,360 --> 00:57:27,560 Of course. I'm talking about the orange 1060 00:57:27,560 --> 00:57:29,920 pull up. Find local bit corners, events, 1061 00:57:29,920 --> 00:57:32,560 and merchants. 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Talk about start 9. 1079 00:58:19,280 --> 00:58:30,760 Here we go, the daily culture everybody. 1080 00:58:31,040 --> 00:58:33,040 Before we get to the culture, I do want to give a shout out to 1081 00:58:33,040 --> 00:58:35,320 our sponsor. Kiboom Racks, the most trusted 1082 00:58:35,320 --> 00:58:38,440 place to buy, sell and host mining equipment. 1083 00:58:38,440 --> 00:58:42,760 Check out the racks by scanning the QR code on your screen or 1084 00:58:42,760 --> 00:58:45,000 checking the link in the video description. 1085 00:58:45,400 --> 00:58:50,120 Also check out their new offer, which is the instant hosting 1086 00:58:50,120 --> 00:58:54,240 which is currently live. All you got to do is scan the QR 1087 00:58:54,240 --> 00:58:55,280 code. Like I said, check the link in 1088 00:58:55,280 --> 00:58:57,720 the video description. They're offering instant hosting 1089 00:58:57,720 --> 00:59:01,400 for the S19K Pro. 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We're gonna talk about START 9, 1101 00:59:40,000 --> 00:59:41,320 the new product you just released. 1102 00:59:41,560 --> 00:59:45,400 But I really enjoyed your why are we bullish with Sessions? 1103 00:59:45,440 --> 00:59:49,000 I think it was last week and in the face of everything we're 1104 00:59:49,000 --> 00:59:53,280 seeing going on in the Bitcoin space, I think it's a good PSAA 1105 00:59:53,280 --> 00:59:55,840 good message to spread to our audience as well. 1106 00:59:56,040 --> 00:59:59,040 So what's your take on everything going on and why are 1107 00:59:59,040 --> 01:00:03,800 you still bullish on Bitcoin? Yeah, thanks. 1108 01:00:03,800 --> 01:00:06,400 That was quite the rip I was on one that night got really 1109 01:00:06,400 --> 01:00:11,080 heated, like just passionate. So 'cause this was in the midst 1110 01:00:11,120 --> 01:00:14,480 of, you know, the Samurai and Phoenix announcements. 1111 01:00:16,040 --> 01:00:19,040 So first of all, you know, that was a session called Why Are we 1112 01:00:19,040 --> 01:00:21,360 Bullish? And so I was bringing up these 1113 01:00:21,360 --> 01:00:25,520 horrible things as a means of being bullish for two reasons, 1114 01:00:25,520 --> 01:00:29,200 really. One is because they are entirely 1115 01:00:29,280 --> 01:00:33,200 predictable and expected, right? So when you're fighting a battle 1116 01:00:34,080 --> 01:00:38,240 and your opponent does something that you expected them to do, 1117 01:00:39,040 --> 01:00:41,560 regardless of how horrible it is, doesn't mean you should feel 1118 01:00:41,560 --> 01:00:45,680 good about it. But you you also shouldn't, 1119 01:00:45,960 --> 01:00:48,960 like, be devastated by it, right? 1120 01:00:49,240 --> 01:00:51,400 You knew that they were going to do this. 1121 01:00:51,400 --> 01:00:54,120 It doesn't mean that when it happens you, you know are happy 1122 01:00:54,120 --> 01:00:56,280 about it, but you knew it was coming. 1123 01:00:56,280 --> 01:01:00,280 And so it's part of the plan. You you can deal with this. 1124 01:01:01,360 --> 01:01:04,240 I personally, and maybe others didn't see this coming. 1125 01:01:04,680 --> 01:01:07,160 I did. I I couldn't imagine a future 1126 01:01:07,160 --> 01:01:10,320 where Samurai was going to continue being able to do what 1127 01:01:10,320 --> 01:01:13,480 they had been doing. It just doesn't make sense in my 1128 01:01:14,040 --> 01:01:17,400 understanding of how the government's function. 1129 01:01:18,680 --> 01:01:22,000 You know, Samurai's argument rightfully was that this was 1130 01:01:22,000 --> 01:01:23,680 legal. What they were doing was within 1131 01:01:23,680 --> 01:01:26,000 the law. And so therefore they can do it. 1132 01:01:26,600 --> 01:01:29,760 And my response to that is like, yeah, but laws are just made by 1133 01:01:29,760 --> 01:01:31,240 the same people that enforce them. 1134 01:01:31,240 --> 01:01:33,360 Like, they're just going to change the law. 1135 01:01:33,360 --> 01:01:35,400 They're going to change the interpretation of the law. 1136 01:01:35,400 --> 01:01:40,120 And yes, while that there's easier said than done, because 1137 01:01:40,480 --> 01:01:44,080 hopefully there's still some semblance of like a judicial 1138 01:01:44,080 --> 01:01:48,640 system and courts have authority that actually matters. 1139 01:01:48,640 --> 01:01:52,360 But as you know, the centralization of power 1140 01:01:52,720 --> 01:01:56,320 progresses, that type of stuff matters less and less, right? 1141 01:01:56,320 --> 01:02:00,800 Eventually, the centralization force results in dictatorship. 1142 01:02:00,800 --> 01:02:04,720 That is the end game of all sort of government. 1143 01:02:04,880 --> 01:02:08,120 Evolution is dictatorship, at which point courts don't matter 1144 01:02:08,120 --> 01:02:10,120 at all, right? A person and that person's 1145 01:02:10,120 --> 01:02:13,320 entourage can essentially just change laws on a Women enforce 1146 01:02:13,320 --> 01:02:17,440 those laws arbitrarily. And that is the inevitable kind 1147 01:02:17,440 --> 01:02:21,520 of conclusion of every one of these stories throughout 1148 01:02:21,520 --> 01:02:23,960 history. And often times they don't make 1149 01:02:23,960 --> 01:02:25,680 it that far. They fall apart before then. 1150 01:02:25,680 --> 01:02:28,520 But that is the trajectory. And so I'm like, there's no 1151 01:02:28,520 --> 01:02:30,800 future where they're just going to keep letting you do this, 1152 01:02:31,000 --> 01:02:32,320 right? They'll just change the law. 1153 01:02:32,360 --> 01:02:34,400 Even if that's not legal to do, who cares? 1154 01:02:34,400 --> 01:02:36,680 They'll change that law. The law that made it illegal to 1155 01:02:36,680 --> 01:02:38,160 change the law will be changed, right? 1156 01:02:38,160 --> 01:02:40,560 So at some point, if you're doing something that is 1157 01:02:40,560 --> 01:02:46,560 distasteful to the existing power elite, the incumbents, 1158 01:02:47,080 --> 01:02:48,760 you're not going to keep getting away with it. 1159 01:02:49,240 --> 01:02:51,760 At some point you are either going to have to defend 1160 01:02:51,760 --> 01:02:53,760 yourself, right? You're going to have to take a 1161 01:02:53,760 --> 01:02:58,280 stand and fight back, or you're going to have to stop doing it. 1162 01:02:59,240 --> 01:03:03,080 That could mean continuing to do it from a different location, 1163 01:03:03,080 --> 01:03:05,000 which is a form of defense, right? 1164 01:03:05,000 --> 01:03:07,320 That is a legitimate form of defense. 1165 01:03:07,320 --> 01:03:09,480 So I would actually put that in the first category. 1166 01:03:09,880 --> 01:03:12,080 So really you have two choices. If you're doing something 1167 01:03:12,080 --> 01:03:15,120 distasteful, whether it's illegal or illegal, eventually 1168 01:03:15,120 --> 01:03:18,080 you will have two choices. You will either stop doing it 1169 01:03:18,440 --> 01:03:23,960 completely or you will defend your right to do it effectively. 1170 01:03:25,000 --> 01:03:29,280 And so that was sort of the PSA that I put out was to anybody 1171 01:03:29,280 --> 01:03:32,720 out there, myself included, who is doing something that will 1172 01:03:32,720 --> 01:03:36,200 eventually and is currently will eventually be distasteful to 1173 01:03:36,480 --> 01:03:38,640 incumbents. You better be prepared to do one 1174 01:03:38,640 --> 01:03:41,160 of those things, either stop doing it or fight back. 1175 01:03:41,720 --> 01:03:43,960 And by fight back, I don't mean violence necessarily. 1176 01:03:43,960 --> 01:03:45,840 I just mean effective defense, right? 1177 01:03:45,840 --> 01:03:49,480 The ability to defend yourself through hiding, running, 1178 01:03:49,640 --> 01:03:51,360 fighting, whatever it happens to be. 1179 01:03:53,040 --> 01:03:58,120 And there's various categories here, right? 1180 01:03:58,120 --> 01:04:02,920 Like what Samurai was doing was blatantly sort of antagonistic 1181 01:04:02,920 --> 01:04:05,160 towards the incumbent powers, right? 1182 01:04:05,160 --> 01:04:08,440 They were like openly advertising, like come to our 1183 01:04:08,440 --> 01:04:12,520 servers. And here you can mix money in 1184 01:04:12,520 --> 01:04:15,440 order to, you know, evade surveillance, which is a 1185 01:04:15,440 --> 01:04:17,160 wonderful thing. It's privacy, right? 1186 01:04:17,160 --> 01:04:18,960 Financial privacy. We all deserve that. 1187 01:04:18,960 --> 01:04:21,320 In my opinion. It's a human right, but it is 1188 01:04:21,320 --> 01:04:24,640 blatantly against what the government wants and they were 1189 01:04:24,640 --> 01:04:27,400 thumbing their their noses in it as well. 1190 01:04:27,400 --> 01:04:30,240 And so it kind of added up to me that this happened, right, Like 1191 01:04:30,240 --> 01:04:32,720 you got to make an example of somebody you got to, you know, 1192 01:04:32,720 --> 01:04:35,680 whether it was legal what the government did to Samurai or not 1193 01:04:35,680 --> 01:04:40,280 is kind of, it's not irrelevant. It's just not the most important 1194 01:04:40,280 --> 01:04:42,080 consideration. The most important 1195 01:04:42,080 --> 01:04:45,360 consideration, actually is a, you know, a Pirates of the 1196 01:04:45,360 --> 01:04:47,480 Caribbean meme that I posted from the start. 1197 01:04:47,480 --> 01:04:49,680 Nine account after this happened, which is the only 1198 01:04:49,680 --> 01:04:53,360 rules that really matter, are these what a man can do and what 1199 01:04:53,360 --> 01:04:56,760 a man can't do. That's ultimately what lies 1200 01:04:56,760 --> 01:05:01,400 beneath the veil of all human society and legal structures is 1201 01:05:01,880 --> 01:05:04,720 force. It is can they do this? 1202 01:05:05,960 --> 01:05:08,040 If the answer is yes, you've lost. 1203 01:05:08,840 --> 01:05:11,640 If the answer is no, you've won. Doesn't matter. 1204 01:05:11,640 --> 01:05:15,840 You can lean on, you know, nuance of law and loopholes and 1205 01:05:16,120 --> 01:05:19,040 court battles all you want, but at the end of the day, if they 1206 01:05:19,040 --> 01:05:22,120 can do it legally or illegally, it doesn't matter. 1207 01:05:22,120 --> 01:05:23,560 It doesn't matter if you're in the right, you'll just dye a 1208 01:05:23,560 --> 01:05:25,120 martyr at that point. But you're still going to die. 1209 01:05:25,560 --> 01:05:27,560 And by die, I don't necessarily mean like life die. 1210 01:05:27,560 --> 01:05:28,560 You're just you're out of business. 1211 01:05:28,560 --> 01:05:34,600 They're going to shut you down. So there's your summary of what 1212 01:05:34,600 --> 01:05:39,080 I spoke about on on why are we bullish with with Sessions was 1213 01:05:39,080 --> 01:05:43,800 you know these events were expected and if you're not 1214 01:05:43,800 --> 01:05:45,800 expecting them, you should expect them, which means you 1215 01:05:45,800 --> 01:05:49,400 should prepare for them, which means get your defenses in order 1216 01:05:50,240 --> 01:05:51,360 and get your escape route in order. 1217 01:05:52,160 --> 01:05:53,640 Love it, Matt. Great, great. 1218 01:05:53,640 --> 01:05:56,240 I think it was a a great bow tie to the conversation we had 1219 01:05:56,240 --> 01:05:59,960 before before we talk about what you're building as a tool for 1220 01:05:59,960 --> 01:06:02,960 some of that defense and of course we're over at start 9. 1221 01:06:02,960 --> 01:06:07,600 So I don't know if you want to give again another little TLDR 1222 01:06:07,600 --> 01:06:09,800 of what you're building with start nine and then we can talk 1223 01:06:09,800 --> 01:06:13,240 about your latest feature drop which is absolutely sexy. 1224 01:06:13,240 --> 01:06:16,920 So I guess Matt, what is start nine and then we'll talk about 1225 01:06:16,920 --> 01:06:22,320 your latest product release. Start 9 is actually a pretty 1226 01:06:22,320 --> 01:06:29,680 boring company in that we sell commodity style mini PCs with an 1227 01:06:29,680 --> 01:06:33,640 operating system pre installed and then we warranty and provide 1228 01:06:33,640 --> 01:06:36,320 great customer support for that product. 1229 01:06:36,440 --> 01:06:40,440 That's Start 9, the operating system that comes pre installed 1230 01:06:40,440 --> 01:06:44,440 on these devices that we sell is the interesting part of what we 1231 01:06:44,440 --> 01:06:46,200 do. And I say we loosely because 1232 01:06:46,200 --> 01:06:49,960 start OS, the operating system is an MIT based open source 1233 01:06:49,960 --> 01:06:54,920 operating system. Start nine has zero claim to it. 1234 01:06:55,400 --> 01:07:00,640 We spend the majority of our time and money as individuals 1235 01:07:01,240 --> 01:07:04,600 working on Start OS because it's the interesting thing that makes 1236 01:07:05,400 --> 01:07:08,480 you know all these these cool features and defenses possible 1237 01:07:08,480 --> 01:07:11,640 for people. But it is not owned in any way 1238 01:07:11,640 --> 01:07:14,200 by Start 9 so it's effectively a donation. 1239 01:07:15,360 --> 01:07:19,200 So Start OS comes pre installed on these devices and with Start 1240 01:07:19,200 --> 01:07:24,120 OSA normal person is now capable of running a personal server. 1241 01:07:25,000 --> 01:07:27,240 And why would you want to run a personal server? 1242 01:07:27,240 --> 01:07:30,960 Because it allows you to effectively exist on the 1243 01:07:30,960 --> 01:07:37,000 Internet and to use computers in such a way that no third 1244 01:07:37,000 --> 01:07:42,200 parties, trusted or otherwise, that no third parties are part 1245 01:07:42,280 --> 01:07:46,920 of your experience, that you are self-contained and independent 1246 01:07:47,240 --> 01:07:51,600 in the digital realm. For example, if I want to text 1247 01:07:51,600 --> 01:07:56,520 message my wife, I opened up my phone which is a Pixel 8 running 1248 01:07:56,520 --> 01:07:58,600 Graphene. I highly recommend it. 1249 01:07:59,200 --> 01:08:02,480 If I want to text message my wife, I pick up my phone, I send 1250 01:08:02,480 --> 01:08:06,560 a text just like I would if I was using any other system. 1251 01:08:06,560 --> 01:08:08,840 It's super straightforward and convenient. 1252 01:08:09,080 --> 01:08:12,600 But that text message goes from my phone where it is encrypted 1253 01:08:12,600 --> 01:08:16,200 on. The device is then onion routed 1254 01:08:16,520 --> 01:08:20,000 around the darknet, the Tor network where it lands on a 1255 01:08:20,000 --> 01:08:22,600 server in my home which is sitting right next to me here. 1256 01:08:23,359 --> 01:08:27,359 The message then resides on the server and is relayed to my 1257 01:08:27,359 --> 01:08:31,600 wife's phone again over the darknet, fully encrypted, lands 1258 01:08:31,600 --> 01:08:33,680 at her phone where it is decrypted and she can read the 1259 01:08:33,680 --> 01:08:35,520 message and we text back and forth. 1260 01:08:36,200 --> 01:08:40,000 Obviously the experience of this is hi hi, it's just text 1261 01:08:40,000 --> 01:08:44,080 messaging, but the messages are end to end, encrypted, onion 1262 01:08:44,080 --> 01:08:47,800 routed and stored on a device that's in my living room that 1263 01:08:47,800 --> 01:08:51,760 nobody on earth, including my ISP, the government and anybody 1264 01:08:51,760 --> 01:08:56,720 else has any access to. So it is provably, completely 1265 01:08:57,040 --> 01:09:00,359 trustlessly private messaging. Nobody even knows the 1266 01:09:00,359 --> 01:09:04,160 conversation is taking place, let alone has the ability to 1267 01:09:04,520 --> 01:09:08,000 Snoop on it or, you know, store it or use it to get use use it 1268 01:09:08,000 --> 01:09:09,720 for advertising purposes, or whatever. 1269 01:09:09,720 --> 01:09:12,960 It's just me and my wife talking from any place on earth to any 1270 01:09:12,960 --> 01:09:16,160 other place on earth as though we were in a basement in a 1271 01:09:16,160 --> 01:09:18,359 Faraday cage, whispering in each other's ears. 1272 01:09:18,479 --> 01:09:22,080 That's the degree of privacy that our computing paradigm 1273 01:09:22,080 --> 01:09:24,520 affords. Now you can apply that to pretty 1274 01:09:24,520 --> 01:09:27,920 much any computing experience. It's not just text messaging, 1275 01:09:28,319 --> 01:09:29,800 right? You can do this with photo 1276 01:09:29,800 --> 01:09:34,040 sharing, data, password management, video calls, right? 1277 01:09:34,040 --> 01:09:37,920 I do conference calls like video calls like this, sitting in 1278 01:09:37,920 --> 01:09:40,520 front of a computer, talking with multiple people in a 1279 01:09:40,520 --> 01:09:43,720 conference call, and all the electrical signals are going 1280 01:09:43,720 --> 01:09:47,200 from everybody's device through a server that I alone control, 1281 01:09:47,720 --> 01:09:49,960 fully encrypted. And so nobody on earth knows 1282 01:09:49,960 --> 01:09:52,120 that conference call is taking place, nobody can read that 1283 01:09:52,120 --> 01:09:54,279 conference call, and it's free for life because there's no 1284 01:09:54,279 --> 01:09:55,960 third party service provider to charge me. 1285 01:09:56,160 --> 01:09:57,920 It's all being run through my own infrastructure. 1286 01:09:58,680 --> 01:10:02,920 And all of this has always been possible, but it's always been 1287 01:10:02,920 --> 01:10:06,640 really, really difficult. You had to be a super geek to be 1288 01:10:06,640 --> 01:10:10,320 able to set up the kind of computing infrastructure 1289 01:10:10,760 --> 01:10:14,360 necessary to achieve what I just described. 1290 01:10:15,440 --> 01:10:17,520 Not only did you have to be a super geek, but you had to have 1291 01:10:17,520 --> 01:10:20,760 a lot of time on your hands. It was it was a very time 1292 01:10:20,760 --> 01:10:24,840 consuming, frustrating endeavor even for the people who are 1293 01:10:24,840 --> 01:10:27,560 technically competent enough to pull it off. 1294 01:10:28,160 --> 01:10:32,720 So what start OS does the open source operating system is? 1295 01:10:32,720 --> 01:10:35,760 It makes administering a server and setting up the kind of 1296 01:10:35,760 --> 01:10:39,000 infrastructure necessary to use computers in the way that I 1297 01:10:39,000 --> 01:10:41,200 described inherently private and self hosted. 1298 01:10:41,520 --> 01:10:45,360 It makes it easy. I don't want to oversell it and 1299 01:10:45,360 --> 01:10:48,800 say that any old grandma down the street can do this. 1300 01:10:49,760 --> 01:10:53,600 Our level of technical competency that we cite as being 1301 01:10:53,600 --> 01:10:58,760 necessary to to use Start OS effectively is that you feel 1302 01:10:58,760 --> 01:11:04,000 comfortable as an individual going into your settings menu on 1303 01:11:04,000 --> 01:11:08,760 your MacBook or on your Android or iPhone device and making 1304 01:11:08,760 --> 01:11:11,000 changes. Like do you feel comfortable 1305 01:11:11,000 --> 01:11:14,120 going into the settings and clicking buttons and making 1306 01:11:14,120 --> 01:11:17,120 changes? And if you don't understand 1307 01:11:17,120 --> 01:11:20,720 something, going to Google and being like hey, how do I change 1308 01:11:20,720 --> 01:11:23,480 the light mode on my MacBook from dark mode? 1309 01:11:23,480 --> 01:11:26,000 Can I do that? If you feel competent enough to 1310 01:11:26,000 --> 01:11:28,200 change settings and go to Google and look things up every once in 1311 01:11:28,200 --> 01:11:32,560 a while you can run a Start 9 server that runs start OS and 1312 01:11:32,560 --> 01:11:36,400 use it to completely eliminate. Google. 1313 01:11:36,480 --> 01:11:40,360 Apple, Microsoft, Amazon, all these cloud service providers, 1314 01:11:40,360 --> 01:11:43,360 all these SAS companies, you can just eliminate them from your 1315 01:11:43,360 --> 01:11:50,600 life, effectively opting out of this grid that has become quite 1316 01:11:51,440 --> 01:11:53,880 diseased. You know, the Internet is a 1317 01:11:53,880 --> 01:11:56,560 very, very dirty place. And you can. 1318 01:11:56,560 --> 01:11:57,840 You don't have to live there. You don't. 1319 01:11:57,840 --> 01:12:00,240 You can get out, You can run your own computing 1320 01:12:00,240 --> 01:12:01,760 infrastructure. We're on your own private 1321 01:12:01,760 --> 01:12:03,760 clouds. And since we're on simply 1322 01:12:03,760 --> 01:12:06,520 Bitcoin, I should. I would be horribly remiss if I 1323 01:12:06,520 --> 01:12:09,200 didn't mention one of the primary use cases that people 1324 01:12:09,920 --> 01:12:13,760 buy a server for or set up their own server is to run a Bitcoin 1325 01:12:13,760 --> 01:12:18,160 node and a lightning node so that they can exist on and 1326 01:12:18,160 --> 01:12:21,520 participate in the Bitcoin and lightning networks. 1327 01:12:22,000 --> 01:12:27,360 As a sovereign entity you are not using some third party 1328 01:12:27,360 --> 01:12:30,960 wallet providers node to send and receive transactions and 1329 01:12:30,960 --> 01:12:35,680 validate transactions. You are not using some LSP or 1330 01:12:35,680 --> 01:12:39,800 partial custodian or intermediary to send and receive 1331 01:12:39,800 --> 01:12:41,640 transactions on the lightning network. 1332 01:12:41,880 --> 01:12:46,720 You exist on these networks as an independent you don't need 1333 01:12:46,800 --> 01:12:50,800 any permission, no terms and conditions, no possibility of 1334 01:12:50,800 --> 01:12:55,680 censorship 0 custodianship. You and you alone control your 1335 01:12:55,680 --> 01:12:58,960 finances and the ability to send them to anyone, anywhere in the 1336 01:12:58,960 --> 01:13:00,760 world at any time that you want, forever. 1337 01:13:01,080 --> 01:13:04,560 You can only achieve that degree of power, independence, 1338 01:13:04,560 --> 01:13:06,840 sovereignty if you're running your own server. 1339 01:13:07,080 --> 01:13:09,680 There is no magic loophole. And everyone's been looking for 1340 01:13:09,680 --> 01:13:12,040 the magic loophole for years and years and years. 1341 01:13:12,360 --> 01:13:14,400 Everyone's been platform hopping. 1342 01:13:14,800 --> 01:13:18,240 Oh you know, WhatsApp is compromised. 1343 01:13:18,240 --> 01:13:21,280 Let's move to signal Signals compromised. 1344 01:13:21,280 --> 01:13:24,240 Let's move to Telegram. Stop platform hopping. 1345 01:13:24,280 --> 01:13:26,960 Stop using platforms. Be your own platform. 1346 01:13:27,160 --> 01:13:28,680 Take the infrastructure in house. 1347 01:13:28,920 --> 01:13:31,400 We've made it easy enough for you to achieve. 1348 01:13:32,000 --> 01:13:35,640 It's getting easier by the day. Many people will attest to that. 1349 01:13:35,640 --> 01:13:38,440 We have thousands and thousands of users all over the world 1350 01:13:38,720 --> 01:13:42,160 running start OS servers effectively and opting out of 1351 01:13:42,160 --> 01:13:45,640 this grid. And so it can be done. 1352 01:13:45,640 --> 01:13:47,680 It should be done. And if enough people do it, it's 1353 01:13:47,680 --> 01:13:51,560 going to cause some serious consequences, right? 1354 01:13:51,560 --> 01:13:54,320 Like. I'll hold off. 1355 01:13:54,480 --> 01:13:56,800 In case there's any response to what I just said, but I actually 1356 01:13:56,800 --> 01:13:59,400 do have like a corollary that I might want to get into there if 1357 01:13:59,440 --> 01:14:03,080 there's no immediate questions. Yeah, I mean, I I I can attest 1358 01:14:03,080 --> 01:14:07,400 to that. Just the like the ease of use. 1359 01:14:07,400 --> 01:14:11,680 And I, I, I, I I gotta say like you know I I didn't fully 1360 01:14:11,680 --> 01:14:17,560 appreciate it until I got it running and I got connected it. 1361 01:14:17,560 --> 01:14:23,240 I connected it with my Bitcoin node remotely and then then that 1362 01:14:23,240 --> 01:14:25,800 kind of went. I started going down the rabbit 1363 01:14:25,800 --> 01:14:30,280 hole of, you know, all the other applications that are on there, 1364 01:14:30,480 --> 01:14:33,400 right? Like the locally hosted mempool 1365 01:14:33,400 --> 01:14:35,440 space. Like, that is awesome, 'cause if 1366 01:14:35,440 --> 01:14:39,040 not, like think about it every time you want to check, like you 1367 01:14:39,040 --> 01:14:42,760 sent a transaction or whatever. Like, yeah, you might be running 1368 01:14:42,760 --> 01:14:45,760 your own Bitcoin node, but every time you go to 1369 01:14:45,760 --> 01:14:51,520 youknowblockstream.info or, you know, mempool dot space or 1370 01:14:51,520 --> 01:14:55,080 whatever, you're essentially doxing your IP address looking 1371 01:14:55,080 --> 01:14:57,400 for that address. And it just, it doesn't take a 1372 01:14:57,400 --> 01:15:01,200 rocket scientist to be like, OK, I could probably have a pretty 1373 01:15:01,200 --> 01:15:04,520 good idea that this address belongs to this IP address 1374 01:15:04,520 --> 01:15:06,760 because of why else would they be looking for it, right? 1375 01:15:08,320 --> 01:15:11,440 So you know, the fact that you can do that locally on your own 1376 01:15:11,440 --> 01:15:15,320 machine is a big deal in my opinion. 1377 01:15:15,320 --> 01:15:18,440 The fact that you can connect to it, you know, anywhere around 1378 01:15:18,440 --> 01:15:23,640 the world via Tor, I've done this in multiple countries is a 1379 01:15:23,640 --> 01:15:27,760 big deal in my opinion. And all the other you know 1380 01:15:27,800 --> 01:15:30,400 capabilities and applications that are going to be added to 1381 01:15:30,400 --> 01:15:33,640 it. You know, as time goes by, I'm 1382 01:15:33,640 --> 01:15:35,880 incredibly bullish on on sovereign computing. 1383 01:15:35,880 --> 01:15:40,040 I see the vision, I see it and I can't recommend it. 1384 01:15:40,040 --> 01:15:41,600 Enough guys. Like try this. 1385 01:15:42,120 --> 01:15:43,880 You're gonna, you're gonna wanna you're gonna wanna run your own 1386 01:15:43,880 --> 01:15:46,160 Bitcoin node anyway. So the fact that it has all 1387 01:15:46,160 --> 01:15:50,200 these, all this extra capability I think is a is a big deal as 1388 01:15:50,200 --> 01:15:53,800 well. So I I see that Opti has, yeah, 1389 01:15:53,840 --> 01:15:56,120 let's. Talk to Server 1/20/24 edition. 1390 01:15:56,120 --> 01:15:58,000 I'll pull it up. Yeah. 1391 01:15:58,000 --> 01:16:00,800 So there's a new one that you guys just released, right Matt? 1392 01:16:01,640 --> 01:16:03,000 Yep. Yeah, that's the one. 1393 01:16:04,560 --> 01:16:07,000 So could you, could you tell the audience a little bit about, you 1394 01:16:07,000 --> 01:16:11,440 know what is the server one? I I I think I, I, I, I, I I 1395 01:16:11,440 --> 01:16:13,160 telegrammed you when you when you dropped. 1396 01:16:13,200 --> 01:16:17,480 I'm like dude, this is crazy. So could you talk a little bit 1397 01:16:17,480 --> 01:16:20,400 about what the difference is? You guys have two right now. 1398 01:16:20,400 --> 01:16:23,200 The server pier is the one. I personally have been loving 1399 01:16:23,200 --> 01:16:24,440 it. I think I got one of the first 1400 01:16:24,440 --> 01:16:26,520 editions and then the server one. 1401 01:16:26,520 --> 01:16:30,240 There's a new computing the guy, the computing device that you 1402 01:16:30,240 --> 01:16:33,600 guys released at start nine. What is the difference between 1403 01:16:33,600 --> 01:16:35,440 the server one and the server pier? 1404 01:16:37,360 --> 01:16:39,920 Yeah, great. So the server one, we just 1405 01:16:39,920 --> 01:16:43,000 launched the, I should say the Server 1/20/24, right. 1406 01:16:43,000 --> 01:16:45,640 So we have the server one and then it has a model year. 1407 01:16:45,640 --> 01:16:50,160 So the 2023 we ran out of stock. We now have the 2020 fours in 1408 01:16:50,160 --> 01:16:53,880 stock. 2020 fours are significantly more powerful than 1409 01:16:53,880 --> 01:16:56,400 the 2020 ones. Or sorry the 2020 threes. 1410 01:16:57,240 --> 01:17:01,800 It has a Ryzen 75825 U chip which has an incredibly high 1411 01:17:01,800 --> 01:17:04,440 benchmark of like you know 16,000 if you go to the CPU 1412 01:17:04,440 --> 01:17:07,120 benchmarks website. So it's super powerful. 1413 01:17:07,480 --> 01:17:13,040 We offered in up to 32 gigs of RAM, 4 terabyte NDMESSDS. 1414 01:17:13,240 --> 01:17:16,680 So it is a extremely capable, powerful computer capable of 1415 01:17:16,680 --> 01:17:21,680 running every single service on the marketplace with room to 1416 01:17:21,680 --> 01:17:23,480 spare. With plenty of room to spare in 1417 01:17:23,480 --> 01:17:26,440 fact. So it is future proofed and 1418 01:17:26,680 --> 01:17:29,360 immediately, you know, super efficient and powerful and 1419 01:17:29,360 --> 01:17:32,800 backed by us. So we warranty it, we support 1420 01:17:32,800 --> 01:17:36,280 the hardware, we support the operating system, we support 1421 01:17:36,280 --> 01:17:40,080 many but not all of the services that are capable of being 1422 01:17:40,080 --> 01:17:42,400 installed onto the operating system as well. 1423 01:17:42,640 --> 01:17:46,920 So we really are start 9 really is your sort of like helping 1424 01:17:46,920 --> 01:17:51,440 hand Technical Support team and insurance that this is going to 1425 01:17:51,440 --> 01:17:53,800 work for you and that you're going to get the help that you 1426 01:17:53,800 --> 01:17:56,200 need. And that is really the reason to 1427 01:17:56,200 --> 01:17:59,880 buy from us is you're going to get this plug and play 1428 01:17:59,880 --> 01:18:03,920 experience, You take it out of a nice box, you plug it in, it 1429 01:18:03,920 --> 01:18:05,960 just works. You reach out to us if you have 1430 01:18:05,960 --> 01:18:09,120 any issues, we're here to help. That's why people buy from us. 1431 01:18:09,400 --> 01:18:14,960 You can go buy your own mini PC and probably save a few bucks. 1432 01:18:15,240 --> 01:18:19,320 Flash Start OS to it for free because start OS is just an MIT 1433 01:18:19,320 --> 01:18:23,960 licensed Linux distro. Flash it to the hardware and DIY 1434 01:18:23,960 --> 01:18:25,920 and we have a wonderful guide for setting that up. 1435 01:18:25,920 --> 01:18:29,400 And we encourage people to do that, especially people outside 1436 01:18:29,400 --> 01:18:33,240 of the US because international shipping costs and customs fees 1437 01:18:33,440 --> 01:18:35,440 can be hefty. So we have a lot of 1438 01:18:35,440 --> 01:18:38,720 international people who just go get a computer locally and flash 1439 01:18:38,720 --> 01:18:40,680 start OS to it and we super encourage this. 1440 01:18:41,080 --> 01:18:42,960 And if you're happy and satisfied, please, you know, 1441 01:18:42,960 --> 01:18:45,840 throw the project a donation. We are an open source project, 1442 01:18:45,840 --> 01:18:50,080 we don't own the software at all, but the server one is an 1443 01:18:50,120 --> 01:18:52,200 awesome device. It's super powerful. 1444 01:18:52,760 --> 01:18:55,800 It'll get the job done. Now, as that relates to the 1445 01:18:55,800 --> 01:18:59,640 server Pure, the server pure is a unique device that is much 1446 01:18:59,640 --> 01:19:04,400 more difficult for someone to set up themselves because the 1447 01:19:04,400 --> 01:19:09,480 server Pure, as the name implies, is pure through the 1448 01:19:09,480 --> 01:19:14,800 entire software stack. It has no closed source software 1449 01:19:15,320 --> 01:19:17,480 anywhere, all the way down through firmware. 1450 01:19:17,760 --> 01:19:21,200 So the server pure implements Core Boot firmware, right? 1451 01:19:21,200 --> 01:19:26,560 Core Boot is go look it up is a fully open source firmware that 1452 01:19:26,560 --> 01:19:29,280 has no closed source drivers at all. 1453 01:19:29,400 --> 01:19:32,320 There's nothing on the device that requires even a single 1454 01:19:32,320 --> 01:19:34,720 closed source BLOB of software to operate it. 1455 01:19:34,720 --> 01:19:38,560 So you can sort of rest assured that the device is not doing 1456 01:19:38,560 --> 01:19:41,440 anything that it shouldn't be. It's not sending some signal out 1457 01:19:41,680 --> 01:19:44,760 to, you know, the overlords when you're not looking. 1458 01:19:45,360 --> 01:19:48,520 Furthermore, the server pier does something that's extremely 1459 01:19:48,520 --> 01:19:52,120 rare in the world of computing, which is that it disables in 1460 01:19:52,120 --> 01:19:55,280 firmware. Intel's Management Engine. 1461 01:19:55,520 --> 01:20:02,080 This is sort of the known backdoor that Intel has into 1462 01:20:02,080 --> 01:20:05,320 pretty much every device on earth that's using an Intel chip 1463 01:20:06,320 --> 01:20:08,960 and. How is that backdoor being used? 1464 01:20:09,280 --> 01:20:11,560 Is it being used? These are all very weird 1465 01:20:11,560 --> 01:20:14,120 questions that you're not really allowed to ask if you go looking 1466 01:20:14,120 --> 01:20:16,400 on Google. It's nobody really knows. 1467 01:20:16,560 --> 01:20:19,280 And that's kind of the point is nobody really knows what this 1468 01:20:19,280 --> 01:20:23,120 thing is doing and why they are so insistent on keeping it on 1469 01:20:23,120 --> 01:20:28,000 every chip. We have managed to build a 1470 01:20:28,000 --> 01:20:32,160 device that runs core boot firmware and provably disables 1471 01:20:32,160 --> 01:20:37,560 Intel's Management Engine in firmware and the device is very 1472 01:20:37,560 --> 01:20:41,440 powerful like the server one, capable of running every service 1473 01:20:41,640 --> 01:20:43,480 on the marketplace with room to spare. 1474 01:20:44,040 --> 01:20:46,840 So that is why the higher price point of the server pure is 1475 01:20:46,840 --> 01:20:50,320 because it has this open software stack that is not easy 1476 01:20:50,320 --> 01:20:52,360 to achieve. A lot of work went into making 1477 01:20:52,360 --> 01:20:55,400 that possible and so that is the reason for the higher prices, 1478 01:20:55,400 --> 01:20:58,400 because we need to fund development of really awesome 1479 01:20:58,400 --> 01:21:02,120 freedom technology like this. And some people care, other 1480 01:21:02,120 --> 01:21:04,320 people don't. Some people are perfectly fine 1481 01:21:04,560 --> 01:21:08,120 running the server one. It's super powerful and it may 1482 01:21:08,120 --> 01:21:14,480 or may not have some deep rooted closed source BLOB of software. 1483 01:21:14,480 --> 01:21:17,120 That's a back door to Intel deep in the software stack. 1484 01:21:17,120 --> 01:21:20,560 We at start 9 have no control over that. 1485 01:21:20,800 --> 01:21:25,120 If you're using a computer, a laptop, a cell phone, a mini PC, 1486 01:21:25,440 --> 01:21:27,000 it all has that same vulnerability. 1487 01:21:27,080 --> 01:21:30,000 This is not like it's something unique to the server one. 1488 01:21:30,160 --> 01:21:35,200 Every computer on earth has closed source software somewhere 1489 01:21:35,520 --> 01:21:38,440 in the firmware and at the driver level, every single one 1490 01:21:38,440 --> 01:21:39,600 of them that you buy off the shelf. 1491 01:21:39,600 --> 01:21:43,720 It is very difficult to get a computer to not have those 1492 01:21:43,720 --> 01:21:45,520 things. And that's what the server pier 1493 01:21:45,520 --> 01:21:48,720 has, is it doesn't have any of that closed source stuff. 1494 01:21:50,000 --> 01:21:50,920 Yeah. And it must have been 1495 01:21:50,920 --> 01:21:55,680 incredibly, incredibly difficult to, you know, to to get the 1496 01:21:55,880 --> 01:21:59,160 Intel Management Engine off of it, I'm assuming, right? 1497 01:22:00,040 --> 01:22:03,960 There is a group of people, wonderful people on the Internet 1498 01:22:04,080 --> 01:22:07,480 and in the open source software world, who work on stuff like 1499 01:22:07,480 --> 01:22:11,640 this, and we are riding on their coattails, right? 1500 01:22:11,640 --> 01:22:13,960 We are we. We have looked up what they have 1501 01:22:13,960 --> 01:22:17,880 discovered and we may need to tweak it for our own use cases 1502 01:22:17,880 --> 01:22:22,400 because every motherboard is different, every version of 1503 01:22:22,400 --> 01:22:27,160 Intel chip is different. Like the literal bite of code 1504 01:22:27,880 --> 01:22:31,320 that enables or disables Intel's Management Engine is like 1505 01:22:31,320 --> 01:22:35,880 something that has to be found by literally scanning byte code 1506 01:22:36,600 --> 01:22:39,720 and like trying different ones to see which one disables it. 1507 01:22:39,720 --> 01:22:42,040 Like Intel doesn't tell you how to disable this shit. 1508 01:22:42,800 --> 01:22:45,160 And so if somebody goes out and they figure it out and then they 1509 01:22:45,160 --> 01:22:48,360 publish it and they're like, hey everyone, I I cracked the Intel 1510 01:22:48,360 --> 01:22:52,840 I7 whatever model and now anyone using that chip and board 1511 01:22:52,840 --> 01:22:56,360 because the board matters too, can now use their work. 1512 01:22:56,440 --> 01:23:01,960 So we are not inventing this, we are just tweaking it to our own 1513 01:23:01,960 --> 01:23:03,840 use case. But it's still just work. 1514 01:23:03,840 --> 01:23:07,880 It's not easy to do. Man, and and that's first of 1515 01:23:07,880 --> 01:23:09,640 all, it's the power of the Internet, right. 1516 01:23:09,640 --> 01:23:12,360 The power of you know, people coming together, open source 1517 01:23:12,360 --> 01:23:14,400 software. It's so incredibly important. 1518 01:23:14,720 --> 01:23:18,200 I can't emphasize enough guys like this is one of the tools 1519 01:23:18,760 --> 01:23:24,200 that you can add to your arsenal in becoming a true sovereign 1520 01:23:24,200 --> 01:23:25,160 individual. Right. 1521 01:23:25,160 --> 01:23:27,600 So first step, taking Bitcoin itself, self custody. 1522 01:23:27,600 --> 01:23:31,680 I always say that second step, running your own Bitcoin node. 1523 01:23:31,680 --> 01:23:34,520 I think the third step that I'm coining this today, I don't 1524 01:23:34,520 --> 01:23:38,800 think I've ever said this before is, you know, getting your own 1525 01:23:38,800 --> 01:23:42,920 sovereign computer, right. I think that's the third step so 1526 01:23:42,920 --> 01:23:46,440 that you don't have to rely on someone else's. 1527 01:23:46,440 --> 01:23:49,680 And I was scanning through the apps and I believe right not 1528 01:23:49,680 --> 01:23:54,120 only is there kind of like a, you know like a password 1529 01:23:54,120 --> 01:23:58,400 managers, there's, there's cloud, it's not cloud storage, 1530 01:23:58,400 --> 01:24:04,360 it's your own cloud, all right. So your own cloud storage 1531 01:24:04,360 --> 01:24:08,440 solutions, but there's also a private messenger as well as one 1532 01:24:08,440 --> 01:24:12,600 of the applications that is that is being offered. 1533 01:24:12,800 --> 01:24:15,760 So there's so many different use cases that I'm incredibly 1534 01:24:15,760 --> 01:24:18,880 excited about. And also Matt, I know we've been 1535 01:24:18,880 --> 01:24:20,480 talking about this for a couple months. 1536 01:24:21,040 --> 01:24:25,760 You guys are going to be offering clear net also as well 1537 01:24:25,760 --> 01:24:29,560 as as Tor? Yeah, we have some wonderful 1538 01:24:29,560 --> 01:24:31,880 things coming and we've been saying that for a minute, right? 1539 01:24:31,880 --> 01:24:34,160 Like, this is this is hard. What we're doing is, is hard 1540 01:24:34,160 --> 01:24:35,760 stuff. You know? 1541 01:24:35,800 --> 01:24:38,720 My my history as a developer is in application development. 1542 01:24:38,840 --> 01:24:42,000 Like super high level stuff, you know, like TypeScript and HTML, 1543 01:24:42,000 --> 01:24:45,160 like building mobile apps and web apps and stuff like that. 1544 01:24:45,400 --> 01:24:48,000 And even writing, you know, server side software and Node or 1545 01:24:48,000 --> 01:24:49,920 Ruby is actually where I cut my teeth. 1546 01:24:50,280 --> 01:24:51,600 That's all like really easy shit. 1547 01:24:51,600 --> 01:24:55,200 It's, you know, it's, it's high level development, right? 1548 01:24:55,200 --> 01:24:58,440 Most modern developers are basically like frankensteining 1549 01:24:58,440 --> 01:25:00,120 stuff. They're like taking this thing 1550 01:25:00,120 --> 01:25:02,920 that exists over here and putting it and then taking that 1551 01:25:02,920 --> 01:25:04,880 thing and putting it and then making it work for you. 1552 01:25:04,880 --> 01:25:08,000 It's basically just reusing things that have already been 1553 01:25:08,000 --> 01:25:10,520 invented and combining them in different ways, which I don't 1554 01:25:10,520 --> 01:25:13,920 want to you know undersell. It's still difficult but it's 1555 01:25:13,920 --> 01:25:17,640 not like gritty low level computer science stuff right. 1556 01:25:17,640 --> 01:25:20,560 That is necessary for developing an operating system. 1557 01:25:21,200 --> 01:25:25,440 Start OS is a low level Linux based operating system and we 1558 01:25:25,440 --> 01:25:30,160 are interfacing with hardware and firmware and and it's, you 1559 01:25:30,160 --> 01:25:33,080 know, we're doing it in a novel way and so it just takes a 1560 01:25:33,080 --> 01:25:35,440 while, right? Like we're paving new ground 1561 01:25:35,440 --> 01:25:37,720 here. Nobody's ever really tried to do 1562 01:25:37,720 --> 01:25:40,760 what we're trying to do And so we've made mistakes, right. 1563 01:25:40,760 --> 01:25:45,960 We have at this point rewritten, not updated or edited, but we 1564 01:25:45,960 --> 01:25:49,920 have rewritten Start OS from scratch three Times Now. 1565 01:25:50,640 --> 01:25:53,200 And the reason we did that was because, you know, we wrote the 1566 01:25:53,200 --> 01:25:55,600 first one and it worked. But then we realized that we had 1567 01:25:55,600 --> 01:25:58,640 the wrong architecture, we had fundamentally the wrong 1568 01:25:58,640 --> 01:26:05,120 abstractions, and that it wasn't going to scale in feature set in 1569 01:26:05,120 --> 01:26:08,160 the way that we needed it to, to be ultimately grammar friendly, 1570 01:26:08,160 --> 01:26:10,080 right. Our goal is to have this thing 1571 01:26:10,080 --> 01:26:12,280 be usable by anyone. So we were like, all right, 1572 01:26:12,280 --> 01:26:13,880 well, we got it wrong, let's redo it. 1573 01:26:14,680 --> 01:26:19,200 And so we rewrote it and it was way better and way more feature 1574 01:26:19,200 --> 01:26:22,320 full and extensible. And then we were like crap. 1575 01:26:23,040 --> 01:26:26,880 It still doesn't have the right abstractions, in large part 1576 01:26:26,880 --> 01:26:31,760 because we were leaning too much on existing technologies to 1577 01:26:31,800 --> 01:26:38,440 handle a lot of the low level functionality, namely Docker and 1578 01:26:38,480 --> 01:26:41,400 Avahi. Docker and Avahi. 1579 01:26:41,520 --> 01:26:47,600 Avahi is an MDNS component library that allows you to do, 1580 01:26:47,600 --> 01:26:53,080 like you know, dot local URLs and alias them and to use SNI 1581 01:26:53,080 --> 01:26:55,840 for host name resolution and all the rest behind the scenes. 1582 01:26:57,440 --> 01:27:02,440 And Docker is a, you know, container runtime solution that 1583 01:27:02,440 --> 01:27:06,800 is widely deployed throughout individual and corporate world. 1584 01:27:07,800 --> 01:27:11,600 And we were thought that because these things were so like, you 1585 01:27:11,600 --> 01:27:15,720 know, established and widely used that we could, you know, 1586 01:27:15,720 --> 01:27:18,600 sort of grab them and use them. And as it turns out, they're 1587 01:27:18,600 --> 01:27:23,680 both pieces of shit software. Docker is a pile of shit and it 1588 01:27:23,680 --> 01:27:26,800 needs to die. And so is Avahi. 1589 01:27:27,600 --> 01:27:30,960 And what we did was we had to start looking for alternatives. 1590 01:27:30,960 --> 01:27:33,160 And then you find out that, well, there's this alternative 1591 01:27:33,160 --> 01:27:35,200 to Docker runtime called POD Man. 1592 01:27:35,200 --> 01:27:38,440 All right, so POD Man supposed to be, you know, more reliable 1593 01:27:38,600 --> 01:27:42,200 and you can use it, you know, in a more kind of customizable way. 1594 01:27:42,200 --> 01:27:45,560 So let's switch to POD Man for our container runtime. 1595 01:27:45,960 --> 01:27:48,920 And turns out POD Man's pile of ship too. 1596 01:27:49,240 --> 01:27:53,760 So now we've done this RE architecture and and and so 1597 01:27:54,040 --> 01:27:57,640 finally what we did was we just decided that those who came 1598 01:27:57,640 --> 01:28:00,040 before us, we can learn from them, but they are not 1599 01:28:00,040 --> 01:28:01,600 necessarily better or smarter than us. 1600 01:28:01,600 --> 01:28:04,040 So we should probably just come up with something on our own and 1601 01:28:04,040 --> 01:28:06,640 that works better. And so that is what is coming 1602 01:28:06,640 --> 01:28:09,840 and that's what we've been working on is this totally novel 1603 01:28:10,040 --> 01:28:14,200 approach to container runtime technology like basically 1604 01:28:14,240 --> 01:28:17,720 running containers on a Linux operating system in a reliable, 1605 01:28:17,720 --> 01:28:22,360 customizable and efficient way. And if you are curious about 1606 01:28:22,360 --> 01:28:26,000 what our strategy is, you can watch Aiden McClelland. 1607 01:28:26,000 --> 01:28:30,240 He is my Co founder and CTO. He gave a talk on our strategy 1608 01:28:30,240 --> 01:28:33,680 at Fostem over in Brussels a couple of months ago and that is 1609 01:28:33,680 --> 01:28:37,520 what's coming in O36. So start OSO 36 which is now in 1610 01:28:37,520 --> 01:28:39,720 testing. It is running, it works. 1611 01:28:39,960 --> 01:28:44,760 It's in testing touts a new container runtime strategy based 1612 01:28:44,760 --> 01:28:48,840 on Linux native containers, LXC containers that are multi image 1613 01:28:48,840 --> 01:28:50,600 based. This is probably too much in the 1614 01:28:50,600 --> 01:28:53,080 weeds for a lot of listeners here, but some people might 1615 01:28:53,080 --> 01:28:55,040 appreciate it. So that's why I'm going this 1616 01:28:55,040 --> 01:28:58,240 far, but I'll back off. OK, so it is a LXC container 1617 01:28:58,240 --> 01:29:03,600 with multi image support which effectively replaces Docker 1618 01:29:03,600 --> 01:29:07,800 Compose where you can take multiple pieces of software and 1619 01:29:07,800 --> 01:29:10,680 orchestrate them together whereas Docker compose takes 1620 01:29:10,680 --> 01:29:13,560 multiple containers and orchestrates them. 1621 01:29:14,040 --> 01:29:16,880 Our approach is a single container orchestrating multiple 1622 01:29:16,880 --> 01:29:20,520 images inside of it using Linux native containers which are the 1623 01:29:20,560 --> 01:29:23,520 most kind of customizable and gritty container management 1624 01:29:23,520 --> 01:29:26,280 system that we have. So anyway, that's our approach, 1625 01:29:26,280 --> 01:29:30,200 that's why it's taking so long. We get asked Win O36 daily which 1626 01:29:30,200 --> 01:29:33,760 is why I'm spending a minute to explain why it's taking so long. 1627 01:29:34,160 --> 01:29:37,280 Now the things that people care about right really quickly, why 1628 01:29:37,280 --> 01:29:39,960 are we doing all of this? Like what is the actual user 1629 01:29:39,960 --> 01:29:42,760 experience benefit that comes about as a result of these 1630 01:29:42,760 --> 01:29:46,120 changes #1 speed and reliability. 1631 01:29:47,320 --> 01:29:51,640 Your start OS is already more reliable, like it has better 1632 01:29:51,640 --> 01:29:54,440 uptime guarantees and reliability than every other 1633 01:29:54,720 --> 01:29:58,160 kind of plug and play, you know, server type of solution. 1634 01:29:58,200 --> 01:30:01,160 And we have tons of anecdotal evidence from users who have 1635 01:30:01,160 --> 01:30:04,120 tried all the different platforms and been like start OS 1636 01:30:04,120 --> 01:30:08,240 is the most stable. It's things don't crash and you 1637 01:30:08,240 --> 01:30:11,160 know it just works well. It's about to get a whole lot 1638 01:30:11,160 --> 01:30:14,480 better, like a huge step function increased better in O36 1639 01:30:14,480 --> 01:30:17,880 in terms of reliability. It's going to be rock solid and 1640 01:30:17,880 --> 01:30:19,520 stable. It's going to be quick and 1641 01:30:19,520 --> 01:30:21,360 efficient. That's number one. 1642 01:30:21,800 --> 01:30:25,680 Number two is that we're, we're ditching Avaya, all this MDNS 1643 01:30:25,680 --> 01:30:29,400 aliasing bullshit, we're getting rid of all the dot local URLs 1644 01:30:29,400 --> 01:30:32,720 like, oh, I launched my mem pool, you know, UI at this dot 1645 01:30:32,720 --> 01:30:35,360 local and I launched my next cloud at that dot local. 1646 01:30:35,360 --> 01:30:39,840 Those are going away and they are being replaced with ports on 1647 01:30:40,080 --> 01:30:42,920 the primary dot local and IP address. 1648 01:30:43,640 --> 01:30:48,440 What this enables is more traditional VPN and clear net 1649 01:30:48,960 --> 01:30:52,840 hosting. So in O36 you will be able to 1650 01:30:53,160 --> 01:30:57,960 seamlessly easily VPN into your server and all of its services. 1651 01:30:57,960 --> 01:31:01,360 So rather than using Tor to connect into your server, which 1652 01:31:01,360 --> 01:31:04,480 is currently the only way to reach it while you're outside of 1653 01:31:04,480 --> 01:31:07,360 your home, while you're away from the LAN, instead of using 1654 01:31:07,360 --> 01:31:08,840 Tor you'll also be able to use Tor. 1655 01:31:08,840 --> 01:31:11,960 That's not going away, it's just we're adding a new option. 1656 01:31:12,320 --> 01:31:16,960 You will be able to turn AVPN on your phone or laptop and connect 1657 01:31:17,040 --> 01:31:20,920 to any service running on your server over using AVPN, which 1658 01:31:20,920 --> 01:31:24,360 will give you clear net speeds and is completely private 1659 01:31:24,360 --> 01:31:27,800 because you and you alone have the keys to access your local 1660 01:31:27,800 --> 01:31:30,600 area network via VPN. So that's number one. 1661 01:31:31,440 --> 01:31:37,240 Number two is clear net support. You will be able to under the 1662 01:31:37,240 --> 01:31:39,400 hood. It won't come over the hood 1663 01:31:39,400 --> 01:31:44,480 until O four O, but in O36 you will be able to, using SSH, set 1664 01:31:44,480 --> 01:31:47,120 up clear net on your server. This means you will be able to 1665 01:31:47,120 --> 01:31:52,120 selectively choose certain interfaces of certain services 1666 01:31:52,320 --> 01:31:54,760 to host on clear net domains that you control. 1667 01:31:55,040 --> 01:31:59,120 For example, let's say I installed Ghost which is a 1668 01:31:59,360 --> 01:32:02,240 blogging platform similar to medium except self hosted. 1669 01:32:02,240 --> 01:32:06,720 So I installed Ghost on my server and I want my blog to be 1670 01:32:06,720 --> 01:32:10,280 available not only on a tour URL for censorship resistance, but I 1671 01:32:10,280 --> 01:32:14,680 also want it to be available at blog dot Matt hill dot dev. 1672 01:32:15,320 --> 01:32:17,240 OK, which is a domain I control right? 1673 01:32:17,240 --> 01:32:20,440 I have Matt hill dot dev so if I want blog dot Matt hill dot dev 1674 01:32:20,920 --> 01:32:26,160 to be available to serve my blog, I can do that very, very 1675 01:32:26,160 --> 01:32:28,280 simply. Starting in O36 on start, OSI 1676 01:32:28,280 --> 01:32:31,760 will be able to go into the settings, make a few changes and 1677 01:32:31,760 --> 01:32:34,240 click save. And I'll be hosting A blog from 1678 01:32:34,240 --> 01:32:37,640 my home. Now there are some immediate 1679 01:32:37,640 --> 01:32:42,360 kind of, you know, security and implications of exposing even a 1680 01:32:42,360 --> 01:32:45,480 single port on your home network and all of that, all of those 1681 01:32:45,480 --> 01:32:50,080 trade-offs and advanced measures to make sure that your network 1682 01:32:50,080 --> 01:32:53,480 is secure will be published along with this feature so that 1683 01:32:53,480 --> 01:32:57,760 people understand exactly what the trade-offs are, right? 1684 01:32:57,760 --> 01:33:01,280 Hosting on clear net not always a good idea for every service on 1685 01:33:01,280 --> 01:33:04,800 your system because it opens you up to denial of service attacks. 1686 01:33:04,960 --> 01:33:10,840 It is no longer private, right? Like any authority would know 1687 01:33:11,040 --> 01:33:13,680 that that is your blog, right? Like if I host my blog on a 1688 01:33:13,680 --> 01:33:17,760 domain that I control, I've doxed myself, so that's fine. 1689 01:33:17,840 --> 01:33:19,880 A lot of people don't care. They actually want to be dox. 1690 01:33:19,880 --> 01:33:21,680 They want to be known. They're like, this is Matt's 1691 01:33:21,680 --> 01:33:24,800 blog, It's not a secret. Other people who want to remain 1692 01:33:24,800 --> 01:33:29,280 Nims need to take more advanced measures to remain private and 1693 01:33:29,280 --> 01:33:33,160 anonymous, or not private but anonymous in their hosting 1694 01:33:33,160 --> 01:33:35,520 strategies, and we will have guides for how you can do that 1695 01:33:35,520 --> 01:33:38,200 so. Yeah, it's all coming, dude. 1696 01:33:38,200 --> 01:33:39,800 I am. I'm so excited. 1697 01:33:39,800 --> 01:33:43,960 I'm so hyped. You know with what Start Nine is 1698 01:33:43,960 --> 01:33:47,360 doing it doing over there always have been, always been a 1699 01:33:47,360 --> 01:33:52,480 supporter of of Matt and the incredible, the incredible 1700 01:33:52,480 --> 01:33:55,640 project that is Start 9. The hardware and the software 1701 01:33:56,080 --> 01:34:00,440 and guys go go check it out. start9.com you can use, you can 1702 01:34:00,440 --> 01:34:03,920 use promo code simply Bitcoin and get I think 9% off. 1703 01:34:04,240 --> 01:34:08,920 And I'm incredibly excited about not only the software updates 1704 01:34:08,920 --> 01:34:10,560 but the hardware updates to come. 1705 01:34:11,000 --> 01:34:14,600 Every time I interact with Matt I always think about the meme 1706 01:34:14,880 --> 01:34:17,600 from Futurama which is just, you know, take my money. 1707 01:34:18,520 --> 01:34:23,120 So anyways, Matt, it's been an honor to have you on Simply 1708 01:34:23,120 --> 01:34:25,920 Bitcoin Live. We appreciate you and thank you 1709 01:34:25,920 --> 01:34:28,920 for coming on today. Always an honor to be on, Nico. 1710 01:34:29,640 --> 01:34:33,920 Appreciate you Matt great show here thanks man guys if you if 1711 01:34:33,920 --> 01:34:35,800 you if you enjoyed the show you know what to do smash the like 1712 01:34:35,800 --> 01:34:38,200 button consider subscribing. If you feel like we provided you 1713 01:34:38,200 --> 01:34:41,120 value go check out our guests project start 9. 1714 01:34:41,280 --> 01:34:44,200 Go follow him on Twitter at Matt Hill under score I believe. 1715 01:34:44,640 --> 01:34:47,400 And guys, if you enjoyed the show, you know to do smash the 1716 01:34:47,400 --> 01:34:48,520 like button, consider subscribing. 1717 01:34:48,960 --> 01:34:51,000 And of course, the number one thing you could do to help push 1718 01:34:51,000 --> 01:34:54,360 the peaceful Bitcoin revolution is not only share Bitcoin media, 1719 01:34:54,360 --> 01:34:56,480 right? Projects like start nine. 1720 01:34:56,480 --> 01:34:59,640 They play a very important role in the separation of money and 1721 01:34:59,640 --> 01:35:02,280 state, the the disintermediation, the rise of 1722 01:35:02,280 --> 01:35:05,080 sovereign individuals. So check it out anyways. 1723 01:35:05,080 --> 01:35:06,760 Love you all. We'll be back tomorrow for brand 1724 01:35:06,760 --> 01:35:12,640 new episode of Simply Bitcoin. Live episode was brought to you 1725 01:35:12,640 --> 01:35:16,760 by bitcoinwell.com on a mission to enable independence.