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state. Ladies and gentlemen, welcome to
Simply Bitcoin. The most watched daily Bitcoin
live show on YouTube. Rumble, Annex.
Sit back. Relax, enjoy the ride.
We have a lot to talk about today.
Michael Saylor dropping the hot fire at the Bitcoin for
Corporations conference. He said the choir part out loud.
He said, like, look, the reason that he believes that Bitcoin's
going to 100 X over the next 10 years is because a lot of people
are just not awakened to it yet. And he's basically making the
case that, look, you know, once, once everyone sees it, once
everyone's on a Bitcoin standard, he believes that, you
know, the opportunity isn't there as much as it used to be,
right. So I think that's a really good
point from Sailor. We have the clip for you guys.
We're going to play it for you. And then there was this viral
clip going around the Internet about all these college
graduates basically booing Bitcoin.
And I I kind of, I find it a little bit funny, 'cause you can
bet like a big portion of the people in that audience, in that
graduation audience is like hundreds of thousands of dollars
in debt. And you know, again, like, of
course that's a decision. You know, some people want to go
to college, some people don't want to go to college.
But you know, I just, I just kind of find it funny that you
know, they're totally open to, you know, going into debt, you
know, to to potentially further the career.
Potentially not. But they're so, you know,
completely against Bitcoin, which, you know, I find it, I
find it funny. I find it hilarious.
So I'm gonna play it for you guys.
The community reacted to it in a certain way, which I think is
interesting. And also the other concept that
you guys know, we love to talk about on simply Bitcoin, which
is of course the separation of money in state.
We have like little examples of what the sovereign individual
predicted back in 1997 in terms of Canada imposing an exit tax.
Of course, Rodger Ver was arrested in Spain for, you know,
not paying his taxes even though he gave up his citizenship.
So we're starting to see inklings of that.
And I think, you know, what we always say on the show is that
Bitcoin exposes incentives. And I think that you start to
question the very relationship between you and the state.
Like, isn't it a little bit crazy that, you know, the state
forces you to pay, you know, a percentage of your net worth if
you want to leave, if you want to give up your city, it's it's
almost as if they're holding you hostage.
Like, you know, of course, that's my opinion, but it starts
to seem like that. And I think as things start to
accelerate, I think as as more and more people start to opt
out, I think, you know, I I think things will will get even.
I think things will get more interesting.
And this is where, you know, truly decentralized technology
comes into play. This is where Bitcoin comes into
play. This is where Noster comes into
play. This is where sovereign
computing come into play. Right, 'cause again, you know,
they can definitely Co opt intermediaries, they can
definitely Co opt someone else's computer.
But it's a lot more difficult for them to, you know, go after
millions upon millions of individuals holding their own
private keys, millions upon millions of individuals running
their own computing computing devices and having peer-to-peer
communications in that way, right?
Becomes a very, very difficult right to, you know, to enforce
certain things. And I think the whole control
structure was based on the fact that they thought that there was
always going to be a handful of intermediaries that they can Co
opt and they can basically use as you know an arm of law
enforcement. And I think things are are
starting to change. So anyways we're going to have
all that for you guys today. And also we have a very special
guest and I consider him a friend at this point.
We have the CEO and Founder of SIGN Matt, how you doing?
Welcome to the show. Hey, thanks for having me back
on. What's up, Nico?
And I just want to give a shout out to the absolutely flaming
bowl in the back of Matt's background.
Matt, you you want to talk a little bit about that cause
unfortunately like Matt hanged it up before we went on air.
But it was perfect in the sense that now it's, it's an epic
background. So Matt, what's up with that
bull, bro? Every time I do something,
there's just this plain white background and people always
give me crap about it. And you know what I mean?
Like, I don't have like, books in the background or anything
fancy. And so I picked this up at
Bitlock Boom 2023, so, you know, a year ago, and this is in the,
you know, in the depths of the bear market and the bull market
was supposed to begin when I hung that that least was the
promise that I had received when I bid on this at the auction is
that whoever got this would trigger the bull market.
When they hung it. And I never hung it, it's been
sitting in my basement and and the bull market got started
without me. And so, you know, I called
bullshit on the voodoo that this was supposed to cause.
But we've stalled, right? We've we've sort of got hung up
and now people are even questioning whether it whether
it goes flat or goes down. So I figured it was time.
So I'm using this show as an opportunity to officially launch
the beginning of the bull market.
That's that's right. Ladies and gentlemen, you heard
it here first. The bull market may commence now
that Matt has hanged the flaming bull in the background.
I also want to bring up my legendary code who is always
optimistic. Look at that giant smile
optimist field. How you doing Opti?
I'm doing great, man. It's good to have you back,
Nico. And man, life's life's always
good on a Bitcoin standard and shouts out to Matt 'cause he's
officially starting the bull run again.
So you guys heard it here first. It's going to start pumping.
Absolutely love to hear it. I believe it.
I believe it's going to be a great show.
And during the culture segment, guys, we're going to talk about
sovereign computing, which I hope a little bit of you guys
got some hints of in in the opening monologue about the
importance of that in the next 5 to 10 years.
I think you know and and it's interesting because I've been
experimenting with a lot of the applications that are on start 9
by the way, highly recommend it. Not only is it a Bitcoin node,
it's a sovereign computer. Most people buy it for the the
the Bitcoin node is the Trojan horse.
But once you get in, you start to play with it.
So I've been playing with a lot of the applications.
Matt, like Nextcloud I believe is one of them.
There's a vault, Warden is another one.
So and it's it's credibly awesome because you can access
basically your computer from anywhere around the world via
Tor. And it's not only.
And I've been also using the mempool space locally instead
of, you know, going to the URL, which of course docs as your IP
address. So I've been using all these
applications and just kind of experimenting with the device
and it's just been so incredibly fun.
But for anyone who's not in the know, Matt, could you give a
quick elevator pitch on what is sovereign computing?
What is start nine and what is sovereign computing?
I'm going to do the elevator for real 'cause that's a huge
question. So currently everyone on earth
is using what we call clients. You could think of them as
remote controls. Your cell phone, your laptop,
your desktop. These are all client computers,
right? AKA remote controls.
What are they remotely controlling?
They were remotely controlling one or more servers in almost
every circumstance. These servers are owned and
operated by some company, right? Namely the company whose app you
downloaded. So if you download some app onto
your iPhone and you open that app and you start doing things,
you are remotely administering somebody else's server.
This gives them enormous insight and control over your your
computing life, right? They can basically see every
button that you're clicking. They are processing all the
information. They're storing all the data.
And according to, you know, one just practical reality and two
things like the third party doctrine.
As soon as you do that, as soon as you begin to remotely
administer somebody else's server for your computing needs,
none of the information that touches or flows through or
stored on that server is protected by the 4th Amendment,
which protects information from illegal searches and seizures.
So basically no warrant is necessary for law enforcement or
anyone with sufficient authority to just walk in and and
basically request everything on that server about you.
So with that in mind, what do you do when this is your
reality? Well, what you could and should
do is stop using other people's servers to process all of your
information and store all of your data and instead use your
own server. Store your data on your own
server from your own home and access it from anywhere in the
world using your cell phones and laptops just like you would,
ultimately resulting in the same user experience except you are
excluding every and all third parties from your digital life,
becoming a digital sovereign. That information is protected by
the 4th Amendment because it is your server in your home and so
any search of it would require a warrant signed by a judge.
I'm speaking strictly from a United States perspective.
Obviously different countries have different laws around what
is and is not protected, but we believe this is a better model.
The problem until now has been that it's almost impossible for
a normal person to do. Running your own server from
your own home and using it to run all sorts of different
applications and accessing those applications from anywhere in
the world and doing so with reliability and speed and
efficiency has basically just been a non starter for 99.999%
of the human race because it's just super difficult to do.
And So what we have taken on as a company through our open
source software endeavours is to build an operating system and
computing paradigm that makes owning and operating and
effectively using your own server achievable and easy for
everyone. Yeah, absolutely.
And I can attest to that. You know, I'm I'm I I tend to be
just because my mind is always in in the content creation
realm. I tend to, I like to I tend to
like convenient things. But I always wanted to run my
own node and and connect to it remotely anywhere around the
world. That was one of the issues that
I had and I was finally able to figure that out with my start 9
device. And eventually, you know, I
started experimenting with with the other applications with it.
And you know, I I I can attest that it it, it is so incredibly
cool that if you really, really value, you know, your
sovereignty and your own device really, 'cause I I know for a
fact no matter where I'm travelling, like I'm in in
Maida, Portugal and I'm pulling up my Bitcoin on my Electrum or
Whispero, whatever, I know that I'm connecting to my node at
home. Like that is so effing cool and
it feels really good. Like to the point where like
I'll open up multiple times just to see it sync and knowing that
it's, you know, I'm connecting to my my node like literally
thousands of miles away and I've done this in multiple countries
and it feels really good. And then not to mention all the
other applications, the the data storage, communications, it's so
incredibly cool guys. So I can't wait to talk more
about that and the rest of the things we have on the show.
Before we do that, I do want to give a show a shout out to our
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All right everybody, let's hit the numbers.
We have a lot to talk about the Bitcoin numbers.
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The Bitcoin price is 63,530 block height 842,464 SATS per
dollar, 1574 market cap 1.25 trillion Bitcoin priced in gold
27.6 oz Bitcoin verse Gold market cap 7.91%.
The percentage issued of the total supply is 93.78% declined
from all time high 13.8% but not for long.
The bull market has commenced forward monetary inflation .85%
and realize monetary inflation 1.69%.
So even if governments and central banks get it back to
that mythological, you know guru whatever 2% inflation number
that they can't even explain why that is 2% theft.
Your money has to have that in order to work.
You know Bitcoin is still taking it to absolute school and of
course the halvings ensure that numbers just gonna that it that
forward monetary inflation just gonna keep going down forever.
Anyways what I did wanted to talk.
What I do want to talk about today is this this again it went
viral. So essentially this guy right
here Ohio State commencement speaker talks Bitcoin in front
of 60,000 people and gets booed. Let's check it out.
Great investors are open minded and understand things before
other people, so I know this might feel polarizing, but I
encourage you to keep an open mind.
Right now. I see Bitcoin as a very
misunderstood asset class. Here's like another version of
it as well. Here we go.
I know this might be a war, but I encourage you to keep an open
mic right now. No, I.
See. Bitcoin like and then you see
like in the screen on the top right, of course, something that
we've showed showed to you guys multiple times, right?
Like he even has like the data to pack it up that look, if you
transition to a Bitcoin standard, your life will get
progressively cheaper, right? The American dream is not that.
The American dream is is thriving if you're on a Bitcoin
standard and not only is it the American Dream, the American
Dream has explored has been exported all around the world.
Bitcoin has already made all time highs in most Fiat
currencies and it just made an all time high in the US dollar.
And it's gonna make another all time high because it's Infinity
divided by 21 million and your life will get cheaper.
And what's really interesting to me is that this is an entire
stadium and Dylan Leclair has a really good .100.
A $100,000 of unsecured debt is good.
Bitcoin is bad. Here's our boy Nick.
Can't mine Repeat after me. Capitalism.
Bad.
Great job.
You're so smart. Here's your degree.
That'll be a hunt. That'll be 300 K And the the,
you know, the students freaking out like this is like, this is
insane. This is crazy.
But, you know, I think a lot of people were were seeing this.
And it's like, yeah, this is pretty crazy.
But here's our boy Nick. And I think Michael Saylor says
it best. Like the fact that so many
people and this is like the next generation of students are
looking down on it and basically not seeing an opportunity where
you're seeing an opportunity. And this is something that I've
seen other Bitcoiners kind of get frustrated about, like, holy
cow, like this isn't happening fast enough.
I talked to my normie friends and they still don't get it.
They still don't understand. Here's Michael Saylor explaining
to basically the Bitcoin for corporations crowd why that is a
good thing, why that actually is an opportunity.
And he mentions, you know, the fact that he believes that
Bitcoin will 100X in the next 10 years and sounds unbelievable
from our perspective. But let's say it does half of
that. Let's say 25 percent, 30% of
that, right? That's still absolutely insane.
And what I gotta say is, if I told you 10 years ago that
Bitcoin would be where it's at today, you would have laughed.
You would have booed me out of the room.
You would have laughed at me and it seems like, you know, we got,
we got a similar, we got a similar reaction.
I never forget Andreas Antonopoulos giving speeches
when Bitcoin was at $100 to an empty room.
I remember that. I never forget that Andreas
shout out to him. He orange billed me.
I was watching his videos in 2016 and it really resonated
with me. I'm not going to lie, of course
I came for the money. I stayed for the revolution.
But you know, if everyone sees it, then you know, maybe you're
a little late. And I think that's what Michael
Saylor's trying to say in this clip.
Let's check it out. If people agree with you when
you say I like Bitcoin, that means it's not a good investment
anymore. You understand, at the point
when it's not controversial and everybody agrees with you,
everybody will own it. The price will be 100 X.
You won't be able to afford to buy 1% of what you want, right.
You want to know it. You don't want them to
understand it. Let them take 10 years to figure
it out because that's how you 100 X and people.
I think he's right. Like I'll be honest with you.
I think he's right. I like I'm I'm at that point
where you know if people want to be like like if people just want
to like you know be like that and.
You know, just cheer and, you know, clap.
And I'll say this many times, like if you're a Gen.
Z or if you're a millennial, you do not have the same opportunity
that your parents once had to acquire real estate to get ahead
in life. Like Bitcoin is your ticket out
of that situation. Bitcoin is your way forward.
I've seen it not only personally, but I've seen it,
and the people around me, I've seen them.
Once they've adopted a Bitcoin standard, their life improves,
right? Of course, sailors looking at it
from an investment standpoint, but let's say you missed the
boat 10 years from now, for whatever reason, you still
didn't listen. It's still a good idea to adopt
A Bitcoin standard because, you know, it's like there's a finite
supply. It's, it's, it's going to ensure
your purchasing power, your energy, your time, right?
So yeah, I think we're still early to say the least.
I still think the masses have no idea what this thing is, and I
think the masses are still drinking the kool-aid man like
they're still drinking that college kool-aid for whatever
reason. I don't know what that school is
teaching them, but, you know, booing something that has been
the best performing asset that is, you know, completely changes
the world, You know is is is is hilarious.
It just reminds me of Andreas, you know, giving a lecture to a
college room. Now, we have made progress in
the sense that at least they know what Bitcoin is when the
guy brought it up, right? You know, five years ago, 10
years ago, they would have been like, what are you talking
about? Right.
So at least we've made progress, but, you know, it's I I think
they're gonna regret, you know, saying that, you know, 5-10
years from now. Anyways, Matt, I'll start with
you. Do you think Sailor's right?
What's your reaction on the whole stadium of college
students booing Bitcoin? What's your take on all this?
First of all, Sailor is definitely right.
That is the sort of nature of investments, not savings as
Bitcoin will eventually become. But if you're wanting to
increase your purchasing power, your worth, right, your your
amount of capital that you control, you have to find things
before other people do. And it doesn't need to be
Bitcoin. It's really anything, right?
Like even as a as a child, so quick back story real quick.
Like my parents gave me control over my stock brokerage account
when I was 12. I was able to call my broker and
make trades without their permission up to certain limits
when I was 12. And they did that because I had
been picking. I'm good.
And I exhibited a degree of, you know, restraint when it came to
not being reckless. But I I just say that because
ultimately, even at that age, what I was doing, my philosophy
was to find something that I thought was awesome.
Like, it was basically just that I just lived my life, and
whenever I encountered something that was really, really cool,
the first thing I asked myself was, does anybody else know
about this yet? And if the answer was no, like,
I felt like I had discovered something before other people
did. The next thing I did was sought
whether there was an investment opportunity in that thing.
Like, is there a stock for it? Is there a, you know, is it
something I can trade? And if both of those answers
were yes, like it's something I like, it's something other
people don't know about yet, and it's tradable.
It's something I can reasonably get into.
Then I did, and that was my basic philosophy and it always
worked well. And anytime I tried to do
anything other than that, like short something that I didn't
like or you know any other chart voodoo or anything like that, it
always failed and I always lost. But a tried and true means of
investing is find something that's awesome before other
people do and get some skin in the game.
So he's right. And the bigger the opportunity
and the longer it takes people to figure out or the cooler the
thing and the longer it takes, the bigger the opportunity.
So with Bitcoin, it's obviously massive because it's a massive
earth shattering change and it's taking people a very long time
to find out about it and understand it.
So it's a huge opportunity today.
It was more of an opportunity yesterday, but it'll still be an
opportunity in in the near future from an investment
standpoint, right? Bitcoin always is useful, even
after it ceases to be an investment, but right now it's
still is a huge investment opportunity in my opinion.
I, I 100% agree and I think that I think there there's two things
can be true and I can't emphasize that enough, right.
Bitcoin, even if you know it reaches you know that the, you
know those these crazy numbers where the volatility starts to
decrease, right. It's in the millions of dollars
per coin, which I think we'll definitely see.
I I think you know the volatility is obviously going to
decrease. Now it's still better money,
right, compared to Fiat currencies, 100%.
But obviously in terms of the investing opportunity, you know
the upside isn't you know isn't as great as it once was.
And I think this is where I think a lot of people, you know,
a lot of people are are not seeing, you know the the
potential upside. Now Matt, do you this is getting
into speculation territory which we don't like to talk about on
simply Bitcoin. But you know Michael Saylor did
throw out that 100 X number. Is that something that you can
see as as possible, especially with Bitcoin sitting at 63,000?
I think 100 X would put it at one 6.3 million if let's.
Be let's be clear about what you mean 100 X in real purchasing
power or in terms of dollars. Because in terms of dollars,
it's an inevitability that it'll go 100 X.
There's no future where it doesn't go 100 X because the
dollar is will die eventually. The dollar cannot survive
forever in its current form. They might come out with the
dollar two, which is some CBDC thing, but in terms of today's
dollars, that thing is dying. It must die.
And so Bitcoin will go to Infinity against that.
But that doesn't mean it'll go 100X or to Infinity in terms of
purchasing power like real world purchasing power from a personal
standpoint based on gold's place in history and Bitcoin
fundamentally kind of replacing gold in my opinion, then I do
think it has 100X or more of real purchasing power potential
increase. And I say potential because
obviously this is, this is technology, this is a project
and it is still an early stage project from a you know, socio
political historical standpoint. This is still a very early stage
experiment and it might not work out.
But if it does work out and it does fulfill its promise, then
sure, hundred X and real purchasing power seems very
reasonable to me. I 100% agree with that and that
I can't emphasize that enough, right?
If Bitcoin stays decentralized and secure, right?
That's the big if this is a project, you know, a lot of
people feel strongly about this, but I I still think we have a
tremendous amount of work to do on the educational level, as you
can see by an entire class that supposedly was educated in
higher education, literally booing the the best money that
has ever existed in the history of mankind.
I'd like to weigh in on that, actually, real quick.
So the the booing at Ohio State commencement, 2 things to keep
in mind here, OK, 'cause it's not just that simple, right?
One is that this is a commencement address, OK?
And if that guy had stood on stage and pitched Apple as a
great investment or something like that, it would have been
inappropriate and obviously inappropriate, right?
Like commencement speeches or, you know, they're ever what
they're whatever the speaker wants them to be.
But traditionally and sort of what the crowd is expecting, you
have to know your audience and know your, you know, context
there. There tend to be sort of higher
level, more, you know, conceptual and philosophic and
looking to the future and broad things like if someone got on
stage and started pitching, you know, we need to vote Republican
in the next election, people would do.
And if he said we need to vote Democrat in the next election,
people would do. And in a way, Bitcoin kind of
fits into that category, right? Like, I'm not sure that it was
appropriate and appropriate setting for him to be pitching a
crowd full of recently, you know, college educated children
who who just studied, you know, Keynesian economics and
socialism as the solution to everything.
And their parents and their younger siblings to then just
put up a chart of like housing prices decreasing in terms of
Bitcoin. It was a little inappropriate.
And I think that that is where some of the booing came from.
It was like, who is this guy pitching us on an investment
opportunity at our commencement address?
So that's part of it, OK. And the second part, which is
not, has nothing to do with the booing.
I just wanted to like, let everyone know this is that
immediately following the booing, this guy said in the
early days, exchanges for Bitcoin were prone to hacks and
fraud. But the issue has been resolved
with the recent launch of the Bitcoin ETFs.
This guy has no fucking idea what he's talking about and he's
not a good representative of Bitcoin.
So was it The booing and that are separate issues?
But still, like, this guy's a little squirmy, right?
And I think the booing was in part the the context, the timing
and the personality of the person delivering it.
I mean that was a phenomenal analysis and I completely agree
with you guys. There's 2231 of you guys
watching live, not including Rumble.
Let's see what what rumble's at 48 of you guys watching live on
Rumble. If you guys are enjoying the
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within the 1st 35 minutes of the show.
Anyways, Opti, what's your take on this brother?
Yeah, I think, I think Matt like hit the tail the head.
That was a great analysis. I I love Matt's take on this.
And I totally, totally agree. And I did.
I didn't watch the whole speech, but I watched like the full 3
minutes that I saw on Twitter and like kind of what Matt was
saying, you know, the speech was a little bit cringe.
I'm not going to lie, but you know, let the cringe commence
until financial literacy improves.
So I think it is, you know, caveat in what Matt said.
I think this is a perfect like zeitgeist of the normally
perception of Bitcoin and obviously he probably could have
took some better context cues and maybe wasn't the right place
for the speech. But I think it does highlight
what we say all the time here on the show.
Like this is what we're up against.
I I think most people have heard about Bitcoin.
They've made-up their mind about Bitcoin.
A lot of people hate on Bitcoin and bitcoiners in general and
this is how I know we're still early is because most people
still fundamentally don't understand what Bitcoin is, what
bitcoins trying to solve. And you know Nico always goes to
education and part of that is, you know maybe they didn't hear
the right messaging around Bitcoin.
But I think it also is kind of a culmination of what he open the
speech with. It's like if you're open minded
and that's the whole thing. Most people have made-up their
mind about Bitcoin and they think they know what Bitcoin is
about. They think it's about
speculating and making money and all that good stuff.
And I think this is just a culmination of everything that
I've experienced when I try to talk to normal people about
Bitcoin. So at this point I am kind of
like black pilled. I I only open up the Bitcoin
pitch to people that I know are able to receive that pitch,
whether they believe in freedom, whether they have pain points,
whether they're having problems with their groceries and not,
you know, caring about real estate being too expensive.
Like I think it's kind of a good framing to be like pick your
battles and you don't necessarily need to shield
Bitcoin at every, you know, family dinner or every friend
dinner that you have. I think there's a time and a
place to really talk about Bitcoin and it really goes to
what I say all the time here on the show.
It's like you are a walking billboard for Bitcoin and the
best way to spread Bitcoin is by living that message.
And you know, we could probably go on about the kids booing
about Bitcoin and dunk on them all all we want, But I think
it's just very important to remember that maybe it wasn't
the time and a place to be shilling Bitcoin at the
commencement speech. But hey, good on the kid for
trying to spread that message. So shouts out to him for trying
to orange pill 60,000 kids. And I think you know, getting in
the toxic Bitcoin route. Like This is why we have the
meme that you get Bitcoin at the price you deserve.
Like, I I'm convinced people I've heard about Bitcoin that
vaguely understand Bitcoin. They may have had a few touch
points on Bitcoin, but they're just not ready to fully get the
Bitcoin message. And it is what it is.
This is how I know that it's still a great opportunity for us
to continue to stack as many sets as possible and continue to
plant those seeds of freedom and freedom technology and freedom
money into the minds of people that that are open to it.
And so it just, man, it just makes me know that we're still
early to this and I think those kids will look back on that
speech or that moment in time eventually with shame when the
bull run really does commence or whether it.
Started it already. Started.
Yeah, it already started. Exactly.
Matt hanged his painting. Exactly.
Or, you know, in the the 10 years down the line when we
hundred X, they'll look back and be like, man, I was a dumb
college kid and I was booing this guy who was trying to help
me find financial freedom. I should have listened to him,
but it is what it is. We're still early in this whole
Bitcoin experiment, even though it's 15 years old.
But a lot of people have made-up their minds about Bitcoin and so
only very defining things will change their mind.
Either they gotta feel pain or the price has to go absolutely
nuclear. And every single one of us has
to not only build ourselves up, but build up businesses and be a
shining example what it means to be a bit corner.
And until then we have the opportunity to stack Sats.
And as Matt is doing over there, when you build it, they will
come. So in time, hey, this is just
giving us good cover to build over here and continue to spread
the signal and eventually those kids will come around, but until
then, hey, they will just have fun staying poor.
It is what it is. All right everybody.
Before we get on to the news, I do want to give a shout out to
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All right, everybody, let's hit the news.
The Daily News. I want to give a shout out to
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description. Anyways, you guys are going to
kill me, but I'm going to do it anyways.
I love this book. I think it's not predicting
exactly what's going to happen, but I like the philosophy and
kind of like the theory behind how they made a lot of these
predictions. And I think so far that theory
has been proven right. So I always kind of give a
little bit of of sovereign individual thesis and quotes
before we get on to some of the news segments because if you see
the news segments by themselves standing on by, standing by
themselves, you don't connect the dots, you don't understand
what is fully happening. I truly believe we're we are
transitioning into this era of I called the great
disintermediation of of just the great disintermediation.
I think two things are happening.
First, the great disintermediation of
information, massive peer-to-peer communications on a
worldwide level has completely hindered the ability for mass
narrative control. I think that's the first step.
I think the interview that not, I think I know the interview
with Tucker and Mike Benz was was so phenomenal.
I can't emphasize enough how much you guys have to watch that
interview, literally to the point where if you search for it
on YouTube, it won't pop up. You have to search for it on
Google and then we'll take you, then it will take you to the
YouTube video. But basically he was making the
case that governments were not prepared for social media.
They were just not. It's it's get it's caught them
flat footed completely and then their attempt to censor
information, you know, and that's this has been leaked
through the Twitter files. More information has been linked
that, you know, the government has asked YouTube, Facebook, all
these platforms to censor certain types of speech, to
throttle certain types of speech.
I think it's an indication of what I'm saying.
And then what we're transitioning slowly into is the
the disintermediation of money, which I think will have even
more consequence in the great disintermediation of
information. Now all of that being said, you
have to prepare for what's to come.
How do you prepare for what's to come?
First, take Bitcoin into self custody.
Second, probably a good idea. To run a Bitcoin node, obviously
I recommend the one that I run, which is the start 9.
There's a promo code down in the video description, go to
start9.com and of course Sovereign computing goes into
this. Noster goes into this right,
which is completely censorship resistant social media and it
when you have these types of tools that governments cannot
shut down, they cannot censor, it kind of becomes a forcing
function in a way where they they have to like because they
can't shut it down, they have to kind of live with it.
And if they're living with it, I don't think that you know, the
approved narrative or Fiat money, you know, can withstand
truth, can withstand competition.
And I think that's what we're starting to see the first
inklings of, you know, and I'll and I'll give multiple examples
of that. But before we do that, I do want
to read some passages from one of my favorite books.
Not my favorite book, but one of my favorite books, the Sovereign
Individual. So first, in the new Millennium,
cyber money controlled by private markets will supersede
Fiat money issued by governments.
The authors have also predicted that with the rise of this new
cyberspace and consequently cyber money will become harder
for a nation state to collect taxes from its citizens.
Now when they say taxes, it's not only income tax.
We'll get to that in a second. But it's also tax via inflation,
which I think is a more insidious tax.
I think it's a tax that, like, people are just not aware of,
you know, when I see them clapping or when they see, you
know, I walked around my neighborhood and I literally
saw, you know, literal flags and flags of flags of like, you
know, things of saying like, look, I support this war in
Ukraine or I support this war in Israel and I support and
whatever. And it's like look like if you
take a look at 2023, you know the US government spent $1.7
trillion more than it collected in tax revenue 1.7 trillion.
Where is that money coming from? They're printing the difference.
People don't understand that they are paying for it through
currency debasement, right? It's this kind of the SIOP
thing. This is like you know you have a
whole you have a whole stadium of of of kids literally you know
and Matt's saying what I I agree with this point.
It's not appropriate setting but they're literally like booing at
this thing like they don't know we we still have so much work to
do in regards to this topic. Anyways I got a little bit
sidetracked. Anyways, it goes on to say they
compared the state to a farmer keeping cows in the field to be
milked, but that soon the cows will have wings.
They predict that for the government to collect taxes from
its citizens in this type of society, it would have to
violate human rights. Even traditionally civil
countries will have to resort and turn nasty.
And it goes on to say, lacking their custom scope to tax and
inflate, governments even in traditionally civil countries
will turn nasty. Businesses that offer the
services that facilitate the realization of autonomy by
individuals will be subject to infiltration, sabotage, and
disruption. Arbitrary forfeiture of
property, already commonplace in the United States where it
occurs 5000 times a week, will become even more pervasive.
Governments will violate human rights, censor the free flow of
information, sabotage, useful technologies, and worse.
And I can't help but to, in my mind reference the name Buchelli
article where it's called Don't Drink the Elite Kool-aid, where
he says their most important weapon, the most powerful
weapon, is their control on the truth.
Now all of that being said, there's a lot of examples of
this specific of this of these specific passages, so
infiltration, sabotage and disruption.
So the US government basically by starting with tornado cash,
setting the precedent that all of a sudden the US Treasury has
the power to open to sanction open source software, they set
the precedent less than, you know, nine months later they
started arresting Bitcoin privacy developers.
And of course, I'm talking about the Samurai guys once again
setting the precedent and again, not through the legislative
process, but the US government has been able to successfully,
you know, destroy mixing without having to pass any type of
legislation basically through it through enforcement instead.
Which you know, of course, this is law fair, this is State Fair,
this is what they're talking about, right?
They're trying to impose the existing surveillance system on
top of Bitcoin. And anyone who you know,
basically goes outside of that system, they'll make an example
of. And of course, I don't like to
talk kindly about Rodger Ver because of what happened with
Bitcoin Cash. But at the end of the day, you
know, his arrest was basically sending a message to everyone,
basically saying, look, it doesn't matter whether you gave
up your US citizenship, you know, it doesn't matter if you
broke these laws five years ago, breaking the laws in the sense
of not paying taxes, the exit tax supposedly was what he was
charged for. We will find you.
It doesn't matter where you are. You know, Uncle Sam, we'll get
you and we'll put you in a box and we'll make an example out of
you, Mind you. Right.
You know, whether it's in the case of the samurai guys, like
who are the biggest money launderers?
Banks. What do they get?
What are the consequences for them breaking those types of
laws? They get fines, right?
Remember, no banker went to 8. No, no banker went to jail for
2008, even though I think that had a much worse effect on
society than anything that the Samurai wallet guys did,
anything that the tornado cash guys did.
And then this is what I want to talk about today because this
news just dropped. And I think again, it's another
reflection of how the state sees you, how the government sees
you. And this is in the case of
Canada. So there, Canada's proposing a
$25,000 penalty plus A2 times exit tax to citizens who leave
the country. The, you know, the person who
initially tweeted this says, I've been warning you, modern
feudalism is coming to Western countries.
I would even make the case that it's not.
It's already here. Right?
And what's really interesting about the sovereign individual
is that when they were writing that book, it, they initially
passed the first exit tax in the US and they were basically
theorizing that this was going to be used against Americans
down the road. Right.
And the whole idea, the whole premise of an exit tax for
anyone who's not aware is this idea that what if you leave the
country, right? You say, I'm going to give, I'm
going to renounce my citizenship.
You have to, per SE, You have to pay 50% of your net worth to the
US government. Right.
So again, you know, you took the risk, you made the money, you
made the whatever. the US government feels entitled to 50%
of that. Now that's the law, right?
I can't argue that's the law. It's my opinion.
I think it's an unjust law, but I think we're going to start to
see more and more people flee, you know, unfavorable tax
jurisdictions. Now here's the official, here's
the official proposal. So it says Canada proposes 25K
departure penalty and increase taxes to curb immigration crisis
in a bid to address a growing immigration crisis.
The Canadian government under Prime Minister Justin Trudeau is
reportedly discussing significant measures to deter
citizens from leaving the country.
According to insider insider sources, the proposed strategy
includes a $25,000 departure penalty along with a doubling of
the exiting departure tax for those seeking to relocate
abroad. This approach ends to stain to
stem the tide of Canadians moving overseas amidst ongoing
national crisis in housing inflation, affordability,
education, productivity and climate.
OK, so you can make a very strong case that they are
responsible for a lot of these so-called crises, right?
It's definitely inflation. You can make that.
You can make an argument that they're responsible for the
housing issues. You could definitely make the
case that they're responsible for, for the educational aspect,
for the affordability aspect. Now instead of facing the
consequences, what do they do? Exactly what the sovereign
individual says literally taking people hostage, trying to take
an entire country hostage. It goes on to say the
discussions are still confidential, with details yet
to be publicly confirmed as the government explores options to
maintain, maintain its population and stabilize the
country's situation. Now you know they they did
propose, and this is public, a 6067% capital gains tax.
And in the US, you know, if Biden gets elected, a 44%
capital gains tax, right. So you know, it's just it's just
interesting how all of this is playing out.
And again, you know, I I I think it would if Bitcoin didn't
exist, man, you know, it would be a pretty Dark World because
it's just these governments, these these states feel like
they're entitled to you. You know, I think that the book,
when they said, you know they see basically a citizen like a
cattle and they have the ability to milk them, I think is a very,
very accurate description in the way that they see you.
And I think the Internet has basically, you know started the
the freedom flame and then Bitcoin came along and put a a
giant gallon drum of gasoline and just poured it on there and
they just ignited this fire and they're they don't know how to
react to it. They don't know how to because
their their monopoly on violence doesn't have the return that it
used to. And it's just very, very
interesting to say the least. Anyways, that's my take.
Matt, what's your take on all this?
Are you seeing what I'm seeing, or am I seeing things that are
not there? I mean, it's hard to argue with
what is there and in front of our eyes.
So this is definitely happening. It does accord with the thesis
of the sovereign individual. It makes sense given the nature
of government and Fiat money and you know how these systems
function that they would, you know, want to restrict
expatriation because it is removing productive energy and
value from the economy. And you know, for the US you
had, you had brought it up, your numbers were a little off.
So for the US, the tax is somewhere in the 23% range.
That's 20% capital gains. Basically, the US treats it as
if you renounce your citizenship.
It's as though you sold all your assets in that moment, and so
you owe capital gains taxes on them.
It's basically taxing unrealized capital gains at the moment of
renunciation, plus an added like 3% fee or whatever.
So it's not 50%. I'm not saying that 23% is good.
It's criminal. That should be 0 of course, but
secondly it it only effects certain individuals, so you have
to meet a particular criteria to be taxed for renouncing your
citizenship. You have to either have over 2
million in assets or you have to have made the equivalent of like
4 or $500,000 per year for the previous five years to to be.
I just showed. I just showed that connection
was lost. Am I still here?
You're still, you're still here. Cool.
So again, not excusing it in any way, just adding a little bit of
context to the to the whole situation.
It's not that it universally applies to everyone, it only
applies to high net worth and net earners.
And it is 23%, not 50%. All that said, fuck em.
That is ridiculous human rights violation in my opinion.
We're free people and we should be able to go wherever we want,
you know? If not, then we're we're not
free. So I'm against it, but it's
coming and it's probably coming to most countries and and yeah,
it won't work long term, but it will definitely affect people's
lives before it doesn't work. It will work right for a while,
and on many people. It will prevent people from
moving, or it'll cost people in in real, meaningful amounts of
money who do leave. Yeah, I I 100% agree with you
and I think you know them. Making an example of Rodger Ver
is just like just them saying like, look like you can't escape
Uncle Sam. Like it doesn't matter where you
are, it doesn't matter where you are around the world, You know,
if you don't pay this exit tax, if you don't pay your pound of
flesh, you know, we're going to put you in a box essentially.
So, Opti, what's your take on this, brother?
And then we'll get on to the culture.
Yeah, well, I mean, I think especially for us here, we cover
the news every single day. But it's becoming clearer and
clearer that the powers that be want to keep us in digital
slavery. And hopefully more people are
waking up to the illegitimacy of these institutions.
And you know, the more they push, the more I think there
will be an opposite reaction and people start to wake up to how
crazy things really are getting. But I think you did, you did
start with the conversation of Tiger Carlson and Mike bands.
And I think this is just another shining, an example of the power
of peer-to-peer communications. And it's shown that the powers
that be have lost control. Hence why they're getting more
and more desperate and trying to control not only communication
and censorship on the Internet, but also your capital.
They're trying to instill as much capital controls as
possible because like Matt was saying, you know, if they push
too hard, people are just going to get up and leave.
And so it's not surprising that they're going to make examples
of people. It's not surprising that they're
going to continue to make examples of people.
And I'm not surprised that they're trying to control
capital. We've seen this happen.
We've seen this play out in history many, many times.
And you know, the powers that be are going to continue to try to
do this. So it's because everyone knows
that there is only two votes that really matter and it is
with your feet and with your pocketbook.
So once they try to stop you from moving and they try to
control your capital, you know how desperate things are
getting. And so it is a really defining
moment, I think in the history of humanity at large that things
are heating up because the powers that be are desperate.
Hence why they are trying to censor information, Hence why
they're trying to control capital is because they have
lost that control, or rather are losing that control and people
are waking up and people are having these conversations and
people are at at the very least starting to push back against
their narratives and this is absolutely terrifying them.
So I'm not surprised that Canada is doing this.
Let's not forget that Canada is usually a test bed for extremely
bad ideas. And so like Matt was saying,
don't be naive out there and thinking that oh, this won't
happened in the US or this won't happen in my country.
It just be prepared for this to come to a country near you
because we know that this has happened before.
They'll do stuff in Canada and then they'll try to export that
everywhere else. So if this is happening in in
Canada, then it's most likely going to happen in the US We are
seeing it happen in other Western countries already.
So this is, this is one of those moments where if you have
studied any amount of history, you know that this was going to
happen when an empire starts to crumble, when people start to
lose faith in these institutions, when the
institutions start to lose their legitimacy, they always do the
same thing. They try to crack down on people
having these conversations and they also try to crack down on
your capitol and basically force you into now it's digital
slavery, but in the past it would just be just straight up
slavery and and make you, you know, one of their one of their
cattle or chattel as the meme goes.
And so I'm not surprised that this is happening.
Canada is, I think has a long history of doing extremely bad
things to their people and the people just being too nice to
say anything. So I I'm not surprised that this
is happening. Obviously when you take this in
the context of everything happening in the world, it it's
like Maddow he says it's this is exactly, you know, par for the
course of what empires do when they start to lose that power.
They clamp down on their citizens And so let's not let's
not be surprised when this happens everywhere else because
it's going to happen. They're going to try to clamp
down on you guys moving freely on your capitol.
They got to keep you in the in the in the ranch, they got to
keep you in the cattle. They got to keep you in the
plantation for lack of better terms because that's where they
get their power from is by people believing they still have
legitimacy and controlling human conversations and human movement
which comes with the control of capital.
So I'm not surprised but man Canada just absolutely wrecking
their citizens. It's it's it must be bad being a
Canadian right now. All right guys, before we get on
to the culture, I do want to give a shout out to sponsor.
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It's a great way to reach me and Opti.
We we try to answer each and every single one of you that are
that are actively active on the app.
So you can scan the QR code or check the link in the video
description. All right everybody, let's get
to the culture. Talk about start 9.
Here we go, the daily culture everybody.
Before we get to the culture, I do want to give a shout out to
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Opti, it is all yours. Yeah, great.
So, Matt, I do wanna start. We're gonna talk about START 9,
the new product you just released.
But I really enjoyed your why are we bullish with Sessions?
I think it was last week and in the face of everything we're
seeing going on in the Bitcoin space, I think it's a good PSAA
good message to spread to our audience as well.
So what's your take on everything going on and why are
you still bullish on Bitcoin? Yeah, thanks.
That was quite the rip I was on one that night got really
heated, like just passionate. So 'cause this was in the midst
of, you know, the Samurai and Phoenix announcements.
So first of all, you know, that was a session called Why Are we
Bullish? And so I was bringing up these
horrible things as a means of being bullish for two reasons,
really. One is because they are entirely
predictable and expected, right? So when you're fighting a battle
and your opponent does something that you expected them to do,
regardless of how horrible it is, doesn't mean you should feel
good about it. But you you also shouldn't,
like, be devastated by it, right?
You knew that they were going to do this.
It doesn't mean that when it happens you, you know are happy
about it, but you knew it was coming.
And so it's part of the plan. You you can deal with this.
I personally, and maybe others didn't see this coming.
I did. I I couldn't imagine a future
where Samurai was going to continue being able to do what
they had been doing. It just doesn't make sense in my
understanding of how the government's function.
You know, Samurai's argument rightfully was that this was
legal. What they were doing was within
the law. And so therefore they can do it.
And my response to that is like, yeah, but laws are just made by
the same people that enforce them.
Like, they're just going to change the law.
They're going to change the interpretation of the law.
And yes, while that there's easier said than done, because
hopefully there's still some semblance of like a judicial
system and courts have authority that actually matters.
But as you know, the centralization of power
progresses, that type of stuff matters less and less, right?
Eventually, the centralization force results in dictatorship.
That is the end game of all sort of government.
Evolution is dictatorship, at which point courts don't matter
at all, right? A person and that person's
entourage can essentially just change laws on a Women enforce
those laws arbitrarily. And that is the inevitable kind
of conclusion of every one of these stories throughout
history. And often times they don't make
it that far. They fall apart before then.
But that is the trajectory. And so I'm like, there's no
future where they're just going to keep letting you do this,
right? They'll just change the law.
Even if that's not legal to do, who cares?
They'll change that law. The law that made it illegal to
change the law will be changed, right?
So at some point, if you're doing something that is
distasteful to the existing power elite, the incumbents,
you're not going to keep getting away with it.
At some point you are either going to have to defend
yourself, right? You're going to have to take a
stand and fight back, or you're going to have to stop doing it.
That could mean continuing to do it from a different location,
which is a form of defense, right?
That is a legitimate form of defense.
So I would actually put that in the first category.
So really you have two choices. If you're doing something
distasteful, whether it's illegal or illegal, eventually
you will have two choices. You will either stop doing it
completely or you will defend your right to do it effectively.
And so that was sort of the PSA that I put out was to anybody
out there, myself included, who is doing something that will
eventually and is currently will eventually be distasteful to
incumbents. You better be prepared to do one
of those things, either stop doing it or fight back.
And by fight back, I don't mean violence necessarily.
I just mean effective defense, right?
The ability to defend yourself through hiding, running,
fighting, whatever it happens to be.
And there's various categories here, right?
Like what Samurai was doing was blatantly sort of antagonistic
towards the incumbent powers, right?
They were like openly advertising, like come to our
servers. And here you can mix money in
order to, you know, evade surveillance, which is a
wonderful thing. It's privacy, right?
Financial privacy. We all deserve that.
In my opinion. It's a human right, but it is
blatantly against what the government wants and they were
thumbing their their noses in it as well.
And so it kind of added up to me that this happened, right, Like
you got to make an example of somebody you got to, you know,
whether it was legal what the government did to Samurai or not
is kind of, it's not irrelevant. It's just not the most important
consideration. The most important
consideration, actually is a, you know, a Pirates of the
Caribbean meme that I posted from the start.
Nine account after this happened, which is the only
rules that really matter, are these what a man can do and what
a man can't do. That's ultimately what lies
beneath the veil of all human society and legal structures is
force. It is can they do this?
If the answer is yes, you've lost.
If the answer is no, you've won. Doesn't matter.
You can lean on, you know, nuance of law and loopholes and
court battles all you want, but at the end of the day, if they
can do it legally or illegally, it doesn't matter.
It doesn't matter if you're in the right, you'll just dye a
martyr at that point. But you're still going to die.
And by die, I don't necessarily mean like life die.
You're just you're out of business.
They're going to shut you down. So there's your summary of what
I spoke about on on why are we bullish with with Sessions was
you know these events were expected and if you're not
expecting them, you should expect them, which means you
should prepare for them, which means get your defenses in order
and get your escape route in order.
Love it, Matt. Great, great.
I think it was a a great bow tie to the conversation we had
before before we talk about what you're building as a tool for
some of that defense and of course we're over at start 9.
So I don't know if you want to give again another little TLDR
of what you're building with start nine and then we can talk
about your latest feature drop which is absolutely sexy.
So I guess Matt, what is start nine and then we'll talk about
your latest product release. Start 9 is actually a pretty
boring company in that we sell commodity style mini PCs with an
operating system pre installed and then we warranty and provide
great customer support for that product.
That's Start 9, the operating system that comes pre installed
on these devices that we sell is the interesting part of what we
do. And I say we loosely because
start OS, the operating system is an MIT based open source
operating system. Start nine has zero claim to it.
We spend the majority of our time and money as individuals
working on Start OS because it's the interesting thing that makes
you know all these these cool features and defenses possible
for people. But it is not owned in any way
by Start 9 so it's effectively a donation.
So Start OS comes pre installed on these devices and with Start
OSA normal person is now capable of running a personal server.
And why would you want to run a personal server?
Because it allows you to effectively exist on the
Internet and to use computers in such a way that no third
parties, trusted or otherwise, that no third parties are part
of your experience, that you are self-contained and independent
in the digital realm. For example, if I want to text
message my wife, I opened up my phone which is a Pixel 8 running
Graphene. I highly recommend it.
If I want to text message my wife, I pick up my phone, I send
a text just like I would if I was using any other system.
It's super straightforward and convenient.
But that text message goes from my phone where it is encrypted
on. The device is then onion routed
around the darknet, the Tor network where it lands on a
server in my home which is sitting right next to me here.
The message then resides on the server and is relayed to my
wife's phone again over the darknet, fully encrypted, lands
at her phone where it is decrypted and she can read the
message and we text back and forth.
Obviously the experience of this is hi hi, it's just text
messaging, but the messages are end to end, encrypted, onion
routed and stored on a device that's in my living room that
nobody on earth, including my ISP, the government and anybody
else has any access to. So it is provably, completely
trustlessly private messaging. Nobody even knows the
conversation is taking place, let alone has the ability to
Snoop on it or, you know, store it or use it to get use use it
for advertising purposes, or whatever.
It's just me and my wife talking from any place on earth to any
other place on earth as though we were in a basement in a
Faraday cage, whispering in each other's ears.
That's the degree of privacy that our computing paradigm
affords. Now you can apply that to pretty
much any computing experience. It's not just text messaging,
right? You can do this with photo
sharing, data, password management, video calls, right?
I do conference calls like video calls like this, sitting in
front of a computer, talking with multiple people in a
conference call, and all the electrical signals are going
from everybody's device through a server that I alone control,
fully encrypted. And so nobody on earth knows
that conference call is taking place, nobody can read that
conference call, and it's free for life because there's no
third party service provider to charge me.
It's all being run through my own infrastructure.
And all of this has always been possible, but it's always been
really, really difficult. You had to be a super geek to be
able to set up the kind of computing infrastructure
necessary to achieve what I just described.
Not only did you have to be a super geek, but you had to have
a lot of time on your hands. It was it was a very time
consuming, frustrating endeavor even for the people who are
technically competent enough to pull it off.
So what start OS does the open source operating system is?
It makes administering a server and setting up the kind of
infrastructure necessary to use computers in the way that I
described inherently private and self hosted.
It makes it easy. I don't want to oversell it and
say that any old grandma down the street can do this.
Our level of technical competency that we cite as being
necessary to to use Start OS effectively is that you feel
comfortable as an individual going into your settings menu on
your MacBook or on your Android or iPhone device and making
changes. Like do you feel comfortable
going into the settings and clicking buttons and making
changes? And if you don't understand
something, going to Google and being like hey, how do I change
the light mode on my MacBook from dark mode?
Can I do that? If you feel competent enough to
change settings and go to Google and look things up every once in
a while you can run a Start 9 server that runs start OS and
use it to completely eliminate. Google.
Apple, Microsoft, Amazon, all these cloud service providers,
all these SAS companies, you can just eliminate them from your
life, effectively opting out of this grid that has become quite
diseased. You know, the Internet is a
very, very dirty place. And you can.
You don't have to live there. You don't.
You can get out, You can run your own computing
infrastructure. We're on your own private
clouds. And since we're on simply
Bitcoin, I should. I would be horribly remiss if I
didn't mention one of the primary use cases that people
buy a server for or set up their own server is to run a Bitcoin
node and a lightning node so that they can exist on and
participate in the Bitcoin and lightning networks.
As a sovereign entity you are not using some third party
wallet providers node to send and receive transactions and
validate transactions. You are not using some LSP or
partial custodian or intermediary to send and receive
transactions on the lightning network.
You exist on these networks as an independent you don't need
any permission, no terms and conditions, no possibility of
censorship 0 custodianship. You and you alone control your
finances and the ability to send them to anyone, anywhere in the
world at any time that you want, forever.
You can only achieve that degree of power, independence,
sovereignty if you're running your own server.
There is no magic loophole. And everyone's been looking for
the magic loophole for years and years and years.
Everyone's been platform hopping.
Oh you know, WhatsApp is compromised.
Let's move to signal Signals compromised.
Let's move to Telegram. Stop platform hopping.
Stop using platforms. Be your own platform.
Take the infrastructure in house.
We've made it easy enough for you to achieve.
It's getting easier by the day. Many people will attest to that.
We have thousands and thousands of users all over the world
running start OS servers effectively and opting out of
this grid. And so it can be done.
It should be done. And if enough people do it, it's
going to cause some serious consequences, right?
Like. I'll hold off.
In case there's any response to what I just said, but I actually
do have like a corollary that I might want to get into there if
there's no immediate questions. Yeah, I mean, I I I can attest
to that. Just the like the ease of use.
And I, I, I, I I gotta say like you know I I didn't fully
appreciate it until I got it running and I got connected it.
I connected it with my Bitcoin node remotely and then then that
kind of went. I started going down the rabbit
hole of, you know, all the other applications that are on there,
right? Like the locally hosted mempool
space. Like, that is awesome, 'cause if
not, like think about it every time you want to check, like you
sent a transaction or whatever. Like, yeah, you might be running
your own Bitcoin node, but every time you go to
youknowblockstream.info or, you know, mempool dot space or
whatever, you're essentially doxing your IP address looking
for that address. And it just, it doesn't take a
rocket scientist to be like, OK, I could probably have a pretty
good idea that this address belongs to this IP address
because of why else would they be looking for it, right?
So you know, the fact that you can do that locally on your own
machine is a big deal in my opinion.
The fact that you can connect to it, you know, anywhere around
the world via Tor, I've done this in multiple countries is a
big deal in my opinion. And all the other you know
capabilities and applications that are going to be added to
it. You know, as time goes by, I'm
incredibly bullish on on sovereign computing.
I see the vision, I see it and I can't recommend it.
Enough guys. Like try this.
You're gonna, you're gonna wanna you're gonna wanna run your own
Bitcoin node anyway. So the fact that it has all
these, all this extra capability I think is a is a big deal as
well. So I I see that Opti has, yeah,
let's. Talk to Server 1/20/24 edition.
I'll pull it up. Yeah.
So there's a new one that you guys just released, right Matt?
Yep. Yeah, that's the one.
So could you, could you tell the audience a little bit about, you
know what is the server one? I I I think I, I, I, I, I I
telegrammed you when you when you dropped.
I'm like dude, this is crazy. So could you talk a little bit
about what the difference is? You guys have two right now.
The server pier is the one. I personally have been loving
it. I think I got one of the first
editions and then the server one.
There's a new computing the guy, the computing device that you
guys released at start nine. What is the difference between
the server one and the server pier?
Yeah, great. So the server one, we just
launched the, I should say the Server 1/20/24, right.
So we have the server one and then it has a model year.
So the 2023 we ran out of stock. We now have the 2020 fours in
stock. 2020 fours are significantly more powerful than
the 2020 ones. Or sorry the 2020 threes.
It has a Ryzen 75825 U chip which has an incredibly high
benchmark of like you know 16,000 if you go to the CPU
benchmarks website. So it's super powerful.
We offered in up to 32 gigs of RAM, 4 terabyte NDMESSDS.
So it is a extremely capable, powerful computer capable of
running every single service on the marketplace with room to
spare. With plenty of room to spare in
fact. So it is future proofed and
immediately, you know, super efficient and powerful and
backed by us. So we warranty it, we support
the hardware, we support the operating system, we support
many but not all of the services that are capable of being
installed onto the operating system as well.
So we really are start 9 really is your sort of like helping
hand Technical Support team and insurance that this is going to
work for you and that you're going to get the help that you
need. And that is really the reason to
buy from us is you're going to get this plug and play
experience, You take it out of a nice box, you plug it in, it
just works. You reach out to us if you have
any issues, we're here to help. That's why people buy from us.
You can go buy your own mini PC and probably save a few bucks.
Flash Start OS to it for free because start OS is just an MIT
licensed Linux distro. Flash it to the hardware and DIY
and we have a wonderful guide for setting that up.
And we encourage people to do that, especially people outside
of the US because international shipping costs and customs fees
can be hefty. So we have a lot of
international people who just go get a computer locally and flash
start OS to it and we super encourage this.
And if you're happy and satisfied, please, you know,
throw the project a donation. We are an open source project,
we don't own the software at all, but the server one is an
awesome device. It's super powerful.
It'll get the job done. Now, as that relates to the
server Pure, the server pure is a unique device that is much
more difficult for someone to set up themselves because the
server Pure, as the name implies, is pure through the
entire software stack. It has no closed source software
anywhere, all the way down through firmware.
So the server pure implements Core Boot firmware, right?
Core Boot is go look it up is a fully open source firmware that
has no closed source drivers at all.
There's nothing on the device that requires even a single
closed source BLOB of software to operate it.
So you can sort of rest assured that the device is not doing
anything that it shouldn't be. It's not sending some signal out
to, you know, the overlords when you're not looking.
Furthermore, the server pier does something that's extremely
rare in the world of computing, which is that it disables in
firmware. Intel's Management Engine.
This is sort of the known backdoor that Intel has into
pretty much every device on earth that's using an Intel chip
and. How is that backdoor being used?
Is it being used? These are all very weird
questions that you're not really allowed to ask if you go looking
on Google. It's nobody really knows.
And that's kind of the point is nobody really knows what this
thing is doing and why they are so insistent on keeping it on
every chip. We have managed to build a
device that runs core boot firmware and provably disables
Intel's Management Engine in firmware and the device is very
powerful like the server one, capable of running every service
on the marketplace with room to spare.
So that is why the higher price point of the server pure is
because it has this open software stack that is not easy
to achieve. A lot of work went into making
that possible and so that is the reason for the higher prices,
because we need to fund development of really awesome
freedom technology like this. And some people care, other
people don't. Some people are perfectly fine
running the server one. It's super powerful and it may
or may not have some deep rooted closed source BLOB of software.
That's a back door to Intel deep in the software stack.
We at start 9 have no control over that.
If you're using a computer, a laptop, a cell phone, a mini PC,
it all has that same vulnerability.
This is not like it's something unique to the server one.
Every computer on earth has closed source software somewhere
in the firmware and at the driver level, every single one
of them that you buy off the shelf.
It is very difficult to get a computer to not have those
things. And that's what the server pier
has, is it doesn't have any of that closed source stuff.
Yeah. And it must have been
incredibly, incredibly difficult to, you know, to to get the
Intel Management Engine off of it, I'm assuming, right?
There is a group of people, wonderful people on the Internet
and in the open source software world, who work on stuff like
this, and we are riding on their coattails, right?
We are we. We have looked up what they have
discovered and we may need to tweak it for our own use cases
because every motherboard is different, every version of
Intel chip is different. Like the literal bite of code
that enables or disables Intel's Management Engine is like
something that has to be found by literally scanning byte code
and like trying different ones to see which one disables it.
Like Intel doesn't tell you how to disable this shit.
And so if somebody goes out and they figure it out and then they
publish it and they're like, hey everyone, I I cracked the Intel
I7 whatever model and now anyone using that chip and board
because the board matters too, can now use their work.
So we are not inventing this, we are just tweaking it to our own
use case. But it's still just work.
It's not easy to do. Man, and and that's first of
all, it's the power of the Internet, right.
The power of you know, people coming together, open source
software. It's so incredibly important.
I can't emphasize enough guys like this is one of the tools
that you can add to your arsenal in becoming a true sovereign
individual. Right.
So first step, taking Bitcoin itself, self custody.
I always say that second step, running your own Bitcoin node.
I think the third step that I'm coining this today, I don't
think I've ever said this before is, you know, getting your own
sovereign computer, right. I think that's the third step so
that you don't have to rely on someone else's.
And I was scanning through the apps and I believe right not
only is there kind of like a, you know like a password
managers, there's, there's cloud, it's not cloud storage,
it's your own cloud, all right. So your own cloud storage
solutions, but there's also a private messenger as well as one
of the applications that is that is being offered.
So there's so many different use cases that I'm incredibly
excited about. And also Matt, I know we've been
talking about this for a couple months.
You guys are going to be offering clear net also as well
as as Tor? Yeah, we have some wonderful
things coming and we've been saying that for a minute, right?
Like, this is this is hard. What we're doing is, is hard
stuff. You know?
My my history as a developer is in application development.
Like super high level stuff, you know, like TypeScript and HTML,
like building mobile apps and web apps and stuff like that.
And even writing, you know, server side software and Node or
Ruby is actually where I cut my teeth.
That's all like really easy shit.
It's, you know, it's, it's high level development, right?
Most modern developers are basically like frankensteining
stuff. They're like taking this thing
that exists over here and putting it and then taking that
thing and putting it and then making it work for you.
It's basically just reusing things that have already been
invented and combining them in different ways, which I don't
want to you know undersell. It's still difficult but it's
not like gritty low level computer science stuff right.
That is necessary for developing an operating system.
Start OS is a low level Linux based operating system and we
are interfacing with hardware and firmware and and it's, you
know, we're doing it in a novel way and so it just takes a
while, right? Like we're paving new ground
here. Nobody's ever really tried to do
what we're trying to do And so we've made mistakes, right.
We have at this point rewritten, not updated or edited, but we
have rewritten Start OS from scratch three Times Now.
And the reason we did that was because, you know, we wrote the
first one and it worked. But then we realized that we had
the wrong architecture, we had fundamentally the wrong
abstractions, and that it wasn't going to scale in feature set in
the way that we needed it to, to be ultimately grammar friendly,
right. Our goal is to have this thing
be usable by anyone. So we were like, all right,
well, we got it wrong, let's redo it.
And so we rewrote it and it was way better and way more feature
full and extensible. And then we were like crap.
It still doesn't have the right abstractions, in large part
because we were leaning too much on existing technologies to
handle a lot of the low level functionality, namely Docker and
Avahi. Docker and Avahi.
Avahi is an MDNS component library that allows you to do,
like you know, dot local URLs and alias them and to use SNI
for host name resolution and all the rest behind the scenes.
And Docker is a, you know, container runtime solution that
is widely deployed throughout individual and corporate world.
And we were thought that because these things were so like, you
know, established and widely used that we could, you know,
sort of grab them and use them. And as it turns out, they're
both pieces of shit software. Docker is a pile of shit and it
needs to die. And so is Avahi.
And what we did was we had to start looking for alternatives.
And then you find out that, well, there's this alternative
to Docker runtime called POD Man.
All right, so POD Man supposed to be, you know, more reliable
and you can use it, you know, in a more kind of customizable way.
So let's switch to POD Man for our container runtime.
And turns out POD Man's pile of ship too.
So now we've done this RE architecture and and and so
finally what we did was we just decided that those who came
before us, we can learn from them, but they are not
necessarily better or smarter than us.
So we should probably just come up with something on our own and
that works better. And so that is what is coming
and that's what we've been working on is this totally novel
approach to container runtime technology like basically
running containers on a Linux operating system in a reliable,
customizable and efficient way. And if you are curious about
what our strategy is, you can watch Aiden McClelland.
He is my Co founder and CTO. He gave a talk on our strategy
at Fostem over in Brussels a couple of months ago and that is
what's coming in O36. So start OSO 36 which is now in
testing. It is running, it works.
It's in testing touts a new container runtime strategy based
on Linux native containers, LXC containers that are multi image
based. This is probably too much in the
weeds for a lot of listeners here, but some people might
appreciate it. So that's why I'm going this
far, but I'll back off. OK, so it is a LXC container
with multi image support which effectively replaces Docker
Compose where you can take multiple pieces of software and
orchestrate them together whereas Docker compose takes
multiple containers and orchestrates them.
Our approach is a single container orchestrating multiple
images inside of it using Linux native containers which are the
most kind of customizable and gritty container management
system that we have. So anyway, that's our approach,
that's why it's taking so long. We get asked Win O36 daily which
is why I'm spending a minute to explain why it's taking so long.
Now the things that people care about right really quickly, why
are we doing all of this? Like what is the actual user
experience benefit that comes about as a result of these
changes #1 speed and reliability.
Your start OS is already more reliable, like it has better
uptime guarantees and reliability than every other
kind of plug and play, you know, server type of solution.
And we have tons of anecdotal evidence from users who have
tried all the different platforms and been like start OS
is the most stable. It's things don't crash and you
know it just works well. It's about to get a whole lot
better, like a huge step function increased better in O36
in terms of reliability. It's going to be rock solid and
stable. It's going to be quick and
efficient. That's number one.
Number two is that we're, we're ditching Avaya, all this MDNS
aliasing bullshit, we're getting rid of all the dot local URLs
like, oh, I launched my mem pool, you know, UI at this dot
local and I launched my next cloud at that dot local.
Those are going away and they are being replaced with ports on
the primary dot local and IP address.
What this enables is more traditional VPN and clear net
hosting. So in O36 you will be able to
seamlessly easily VPN into your server and all of its services.
So rather than using Tor to connect into your server, which
is currently the only way to reach it while you're outside of
your home, while you're away from the LAN, instead of using
Tor you'll also be able to use Tor.
That's not going away, it's just we're adding a new option.
You will be able to turn AVPN on your phone or laptop and connect
to any service running on your server over using AVPN, which
will give you clear net speeds and is completely private
because you and you alone have the keys to access your local
area network via VPN. So that's number one.
Number two is clear net support. You will be able to under the
hood. It won't come over the hood
until O four O, but in O36 you will be able to, using SSH, set
up clear net on your server. This means you will be able to
selectively choose certain interfaces of certain services
to host on clear net domains that you control.
For example, let's say I installed Ghost which is a
blogging platform similar to medium except self hosted.
So I installed Ghost on my server and I want my blog to be
available not only on a tour URL for censorship resistance, but I
also want it to be available at blog dot Matt hill dot dev.
OK, which is a domain I control right?
I have Matt hill dot dev so if I want blog dot Matt hill dot dev
to be available to serve my blog, I can do that very, very
simply. Starting in O36 on start, OSI
will be able to go into the settings, make a few changes and
click save. And I'll be hosting A blog from
my home. Now there are some immediate
kind of, you know, security and implications of exposing even a
single port on your home network and all of that, all of those
trade-offs and advanced measures to make sure that your network
is secure will be published along with this feature so that
people understand exactly what the trade-offs are, right?
Hosting on clear net not always a good idea for every service on
your system because it opens you up to denial of service attacks.
It is no longer private, right? Like any authority would know
that that is your blog, right? Like if I host my blog on a
domain that I control, I've doxed myself, so that's fine.
A lot of people don't care. They actually want to be dox.
They want to be known. They're like, this is Matt's
blog, It's not a secret. Other people who want to remain
Nims need to take more advanced measures to remain private and
anonymous, or not private but anonymous in their hosting
strategies, and we will have guides for how you can do that
so. Yeah, it's all coming, dude.
I am. I'm so excited.
I'm so hyped. You know with what Start Nine is
doing it doing over there always have been, always been a
supporter of of Matt and the incredible, the incredible
project that is Start 9. The hardware and the software
and guys go go check it out. start9.com you can use, you can
use promo code simply Bitcoin and get I think 9% off.
And I'm incredibly excited about not only the software updates
but the hardware updates to come.
Every time I interact with Matt I always think about the meme
from Futurama which is just, you know, take my money.
So anyways, Matt, it's been an honor to have you on Simply
Bitcoin Live. We appreciate you and thank you
for coming on today. Always an honor to be on, Nico.
Appreciate you Matt great show here thanks man guys if you if
you if you enjoyed the show you know what to do smash the like
button consider subscribing. If you feel like we provided you
value go check out our guests project start 9.
Go follow him on Twitter at Matt Hill under score I believe.
And guys, if you enjoyed the show, you know to do smash the
like button, consider subscribing.
And of course, the number one thing you could do to help push
the peaceful Bitcoin revolution is not only share Bitcoin media,
right? Projects like start nine.
They play a very important role in the separation of money and
state, the the disintermediation, the rise of
sovereign individuals. So check it out anyways.
Love you all. We'll be back tomorrow for brand
new episode of Simply Bitcoin. Live episode was brought to you
by bitcoinwell.com on a mission to enable independence.