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Going to a digital currency 
society where cash will be 

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gradually eradicated either 
through non use or a lot of 

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countries and a lot of 
governments are trying to 

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actively ban it. 
So they're putting limits on how

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much you can use cash. 
Say, you know, $1000 and if it's

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more than $1000, using cash is 
illegal. 

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When we go to the society, we 
have to really think about the 

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implications. 
Do we want a society in which 

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our digital money is under 
complete surveillance and 

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complete control? 
Where if you go to the wrong 

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protest or if you support the 
wrong political campaign, or if 

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you make a payment to the wrong 
person or receive money from the

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wrong person, suddenly your 
money disappears. 

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It's no longer yours anymore. 
It's frozen, it's seized, it's 

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gone. 
And someone has control of that.

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Corporations, banks, 
governments. 

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And in most cases, there is no 
difference between Corporation, 

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Bank and governments, right? 
And so that's one scenario. 

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And the other scenario is one in
which individuals control their 

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money. 
And it is digital money, but 

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it's digital cash like Bitcoin, 
where you can pay an individual 

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from one person to another, just
like I can with cash today 

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without any other party getting 
involved. 

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What really strikes me as 
amazing is that we've gotten 

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used to this idea so quickly, 
which is that we no longer pay 

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people. 
We no longer pay people 

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directly. 
The less we use cash, the more 

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we pay people through a 
corporation, right? 

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So from tipping your valet to 
tipping your taxi driver to 

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tipping wherever, tipping is 
pretty much the last remaining 

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part of our society where cash 
is used to pay from one person 

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who is not an incorporated 
entity to another person who is 

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not an incorporated entity. 
Everything else you have to pay 

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for a corporation, whether it's 
a bank, right, whether it's 

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Venmo, whether it's PayPal, 
whether it's any of those 

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things. 
And we've gradually gotten used 

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to this environment where we 
can't pay another person unless 

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there's a corporation involved. 
And that's astonishing to me. 

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And as cash disappears, that 
then becomes a final fact that 

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every single payment in your 
life will be from you to a 

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corporation. 
And that corporation? 

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Takes a piece of that every 
single thing. 

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And not just that, it doesn't 
just take a piece, it also 

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controls and surveils and 
monitors your juice. 

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And if you violate the terms and
conditions, you are destitute. 

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Wow. 
So our so the issue is not what 

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we have today versus the digital
currency of the future or 

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Bitcoin or whatever. 
It's both. 

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Futures are digital currency and
in both futures cash will no 

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longer exist. 
That is inevitable. 

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We are going down that road and 
now we have to choose. 

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Do we go to the digital cashless
Society of corporate control 

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over money with the complete and
total merging of corporate and 

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state money, where instead of 
having separation of state and 

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money, have the merging of state
and money and corporation and 

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money? 
Where your money is branded 

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money. 
You have Chase dollars, you have

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Goldman Sachs dollars, you have 
Coca-Cola dollars, right? 

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You have money that is 
controlled by a corporation. 

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Or do we go down the other 
future where we have money that 

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is basically an Internet 
Protocol that is completely 

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global, that any person can pay 
any person they meet in the 

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streets without any corporations
getting involved? 

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Just for me to you digital cash.
And that's really the it's a 

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less optimistic view because I'm
fully aware of what the other 

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future is and it's already 
playing out and it is a very, in

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my opinion, a very dangerous 
future. 

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Yeah, we're going to simply 
Bitcoin live, your number one 

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source for the peaceful Bitcoin 
revolution corporate. 

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Can you use culturomatic warfare
will be your guide through the 

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separation of money and state. 
Ladies and gentlemen, we are 

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streaming to Noster using ZAP 
dot stream. 

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We're figuring out how to post 
the videos natively. 

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Bear with us. 
But yes, we are streaming to 

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Noster. 
We posted the ZAP dot stream 

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link on the Simply Bitcoin 
Noster account, so go follow it 

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or Noster. 
I don't know if that's the 

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00:04:09,280 --> 00:04:11,440
correct terminology, but you 
guys know what I'm saying. 

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I'm still a Noster noob, but 
yes, we're broadcasting 

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worldwide YouTube Rumble X 
Noster now too. 

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Very very bullish. 
Anyways, starting off with the 

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beginning clip of Andreas 
Antonopoulos, he played such a 

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crucial role in my orange 
peeling journey. 

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I used to watch his lectures on 
repeat over and over and over 

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and over again. 
And I used to have like these so

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many Eureka aha moments about 
Bitcoin because back then there 

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really wasn't that much Bitcoin 
content. 

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It's not like today, back in the
day, back in the, you know, when

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I got in 2016, it was, you know,
it was few and far between. 

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Now it's a, it's a lot more 
developed these days. 

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So what's interesting, a couple 
of things he talks about 

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essentially Bitcoin or slavery, 
something that we talk a lot 

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about on this show. 
There's 2 worlds in front of us.

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There's a world of central bank 
digital currencies, which is the

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future of Fiat. 
And there's a world of Bitcoin, 

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the separation of money and 
state, which is going to allow 

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hope, peace, prosperity, 
opportunity and the future of 

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central bank digital currencies.
The future of Fiat is a future 

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based on coercion and 
censorship. 

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And the reason for that is 
simple. 

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We read you guys a post from 
Jeff Booth on Noster yesterday. 

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If the international based order
is set upon a money that is 

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based on theft, that system is 
going to require coercion and 

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censorship to get people to go 
along with that said system. 

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It it goes hand in hand. 
Like why do you think they want 

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to censor? 
Why do you think they want to 

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coerce? 
Because it's a system based on 

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theft. 
And I don't think naturally 

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00:06:00,520 --> 00:06:04,920
human beings are OK with that. 
I think that they obfuscated a 

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lot. 
They use these, you know, these 

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complex words and complex jargon
the way that we're that they 

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00:06:10,880 --> 00:06:15,760
talk about inflation. 
It's like as if it's a, a, you 

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know, a fact of life. 
It's part of Mother Nature. 

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And you see these questions to 
these politicians. 

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Like, what are you going to do 
about the grocery bill? 

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Like they are single handedly 
responsible for that and people 

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are not aware of this. 
So they rely on the media, they 

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rely frankly on propaganda. 
They rely on misinformation to 

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keep people in the dark about 
the truth of money. 

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And that's our job as 
Bitcoiners, really, to get the 

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message out there, break the 
Bitcoin echo chamber, and really

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get people to understand that 
money can exist without theft 

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00:06:53,720 --> 00:06:58,320
baked into it. 
The farther you get away from 

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the developed world where the 
inflation rate is ever so slight

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for people not to realize 
they're being just stolen from, 

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00:07:05,880 --> 00:07:13,600
the less that veneer of 
legitimacy works on people. 

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When you're dealing with 
hyperinflation or double digit 

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00:07:17,240 --> 00:07:20,960
inflation and the government is 
on TV telling you that it's your

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00:07:20,960 --> 00:07:26,000
patriotic duty to use your local
currency, you don't believe them

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00:07:26,000 --> 00:07:29,080
anymore. 
So we're going to do a special 

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coverage of the debate tonight. 
We're going to focus on Bitcoin.

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We're not going to get into all 
the other political issues and 

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Opti and I are going to react to
it. 

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I think Sophie's going to join 
us as well. 

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It's going to be an EX Rumble 
and Noster exclusive because we 

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might say some things that are 
not YouTube friendly. 

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So really looking forward to 
that. 

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00:07:48,160 --> 00:07:53,640
Also, Jack Mahler's had a debate
with Peter Schiff in regards to 

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how Bitcoin is superior to gold.
I can't believe we're even 

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00:07:57,120 --> 00:08:01,760
having this discussion. 
But TLDR essentially, look, I'm 

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00:08:01,760 --> 00:08:03,720
a fan of gold. 
I'll be honest with you, I'm a 

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00:08:03,720 --> 00:08:06,680
fan of it. 
I'm a fan of physical gold, gold

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that I can hold in my hand. 
But do I believe that gold is 

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superior to Bitcoin? 
No. 

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00:08:13,680 --> 00:08:17,960
Do I believe that you can build 
a sound money system or sound 

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00:08:17,960 --> 00:08:20,720
money society on top of gold? 
No. 

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Because of gold's physical 
characteristics, it is. 

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It is essentially limited on how
it could be used. 

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You can't send gold immediately 
across the globe for pennies on 

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00:08:34,520 --> 00:08:36,320
the dollar. 
You're going to have to send a 

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00:08:36,320 --> 00:08:38,240
paper version of that gold, 
right? 

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00:08:38,240 --> 00:08:40,679
But you're not going to actually
be able to send that physical 

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00:08:40,679 --> 00:08:45,680
gold internationally, overseas 
instantaneously at the speed of 

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00:08:45,680 --> 00:08:47,960
light. 
It's not going to happen. 

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00:08:48,800 --> 00:08:52,080
So because of those reasons, 
because of gold's physical 

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00:08:52,080 --> 00:08:56,720
characteristics, it failed and 
it was eventually Co opted. 

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00:08:56,880 --> 00:09:00,840
And by the way, this isn't just 
the story in the United States. 

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00:09:01,000 --> 00:09:03,760
This happened back in the Roman 
era as well. 

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00:09:04,000 --> 00:09:08,400
When the Roman currency the the 
Dinarist first was released, it 

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00:09:08,400 --> 00:09:11,680
first came out the amount and 
they didn't use, they used 

161
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silver instead of gold, but a 
rare, a rare or like a a rare 

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00:09:15,680 --> 00:09:17,880
metal, right? 
A scarce metal. 

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00:09:17,880 --> 00:09:22,680
Better said the amount of silver
in each Dinaris, I think it was 

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00:09:22,680 --> 00:09:27,840
like .85% or .9%. 
By the time of the Roman Empire,

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00:09:27,840 --> 00:09:30,760
the the downfall of the Western 
Roman Empire, it was down to 

166
00:09:30,760 --> 00:09:35,120
like .00000 like it was a is a 
minuscule amount. 

167
00:09:35,440 --> 00:09:38,600
So they inflated the currency 
and people could you could make 

168
00:09:38,600 --> 00:09:43,120
a very strong case that the 
reason as to why the the the 

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00:09:43,120 --> 00:09:46,560
downfall of the Roman Empire 
occurred what one of the major 

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00:09:46,560 --> 00:09:51,000
reasons was inflation. 
So this is a story that has 

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00:09:51,000 --> 00:09:55,880
repeated itself throughout human
history, but for the first time,

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00:09:56,040 --> 00:10:01,680
we have a technology and that 
only Bitcoin that fundamentally 

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00:10:01,680 --> 00:10:05,360
solves this problem. 
If enough people wake up to the 

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00:10:05,360 --> 00:10:10,200
reality of the power that self 
custody gives the individual. 

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00:10:10,520 --> 00:10:14,120
And I posted this on Oster and 
Twitter this morning, if enough 

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00:10:14,120 --> 00:10:18,720
of us take self custody, we win 
and there's nothing they can do 

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00:10:18,720 --> 00:10:21,200
about it. 
And what's very powerful about 

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00:10:21,200 --> 00:10:26,640
this movement is that we are not
relying on a politician to swoop

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00:10:26,640 --> 00:10:30,840
in and come and save the day. 
This is something that each of 

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00:10:30,840 --> 00:10:34,520
us as sovereign individuals 
could start doing now, buying 

181
00:10:34,520 --> 00:10:38,240
Bitcoin, earning Bitcoin, mining
Bitcoin, and taking that said 

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00:10:38,240 --> 00:10:41,160
Bitcoin into self custody right 
now. 

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00:10:41,160 --> 00:10:44,480
We could start doing this now. 
We don't have to wait till the 

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00:10:44,840 --> 00:10:49,040
result of the election. 
We don't have to wait for Trump 

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00:10:49,040 --> 00:10:51,480
to come in and you know, save 
the day. 

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00:10:51,600 --> 00:10:56,000
Or if you believe in Kamala to 
come in and save the day, you 

187
00:10:56,000 --> 00:11:00,200
could start saving your own day 
by earning, mining and saving in

188
00:11:00,200 --> 00:11:02,840
Fiat. 
And by doing so, you are now 

189
00:11:02,840 --> 00:11:07,760
living on a unit of account, a 
currency that is inherently 

190
00:11:08,040 --> 00:11:11,360
deflationary, meaning your life 
and everything around you, 

191
00:11:11,880 --> 00:11:16,040
housing, food, whatever, it's 
going to get progressively 

192
00:11:16,040 --> 00:11:20,080
cheaper for you over time 
compared to everyone else around

193
00:11:20,080 --> 00:11:24,640
you that for whatever reason 
continues to use political, also

194
00:11:24,640 --> 00:11:28,280
known as Fiat. 
So something to keep in mind as 

195
00:11:28,280 --> 00:11:31,600
we watch the debate tonight. 
The answer to a lot of the 

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00:11:31,600 --> 00:11:33,720
world's problems isn't a 
politician. 

197
00:11:34,280 --> 00:11:36,760
The answer to a lot of the 
world's problems is broken 

198
00:11:36,760 --> 00:11:38,920
money. 
That being said, all that being 

199
00:11:38,920 --> 00:11:43,760
said, still, depending on which 
politicians get elected into 

200
00:11:43,760 --> 00:11:48,200
office, this could either 
accelerate hyper bitcoinization 

201
00:11:48,280 --> 00:11:51,400
or decelerate it. 
So that's not to say that Fiat 

202
00:11:51,400 --> 00:11:54,560
politics isn't important. 
It still plays an important role

203
00:11:54,720 --> 00:11:58,080
during this transitionary era. 
I can't emphasize that enough. 

204
00:11:58,320 --> 00:12:00,880
This is the first Bitcoin 
election in the United States. 

205
00:12:01,120 --> 00:12:06,080
But what I do want to emphasize 
is that you can start take 

206
00:12:06,080 --> 00:12:07,760
control. 
You can start taking control of 

207
00:12:07,760 --> 00:12:10,040
your destiny today. 
You don't have to wait for 

208
00:12:10,040 --> 00:12:12,240
anybody. 
And that's the power of Bitcoin.

209
00:12:12,400 --> 00:12:15,040
Anyways, I do want to welcome 
our panel for today. 

210
00:12:15,240 --> 00:12:19,840
Of course, we have Carr, the 
founder of Pleb Lab, and we have

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00:12:20,000 --> 00:12:22,200
Optimus Fields in the house 
today. 

212
00:12:22,440 --> 00:12:26,360
Man, Opti, I think this is going
to be our first live reaction to

213
00:12:26,720 --> 00:12:29,320
a Fiat political debate. 
Are you excited? 

214
00:12:30,960 --> 00:12:33,240
I'm so excited. 
It's going to be amazing. 

215
00:12:33,360 --> 00:12:36,640
It's going to be so much fun. 
I I cannot wait. 

216
00:12:36,640 --> 00:12:40,360
I am literally bursting out of 
my seams ready to do this 

217
00:12:40,360 --> 00:12:41,800
stream. 
No, it's going to be wack. 

218
00:12:41,800 --> 00:12:45,880
It's going to be so wack. 
Yeah, I'm not, I'm not, I'm not 

219
00:12:45,880 --> 00:12:47,920
happy about it. 
The I'm pretty sure it's going 

220
00:12:47,920 --> 00:12:50,640
to be a horrible debate. 
But hey, we got to do it for the

221
00:12:50,640 --> 00:12:51,920
culture. 
We'll see what happens. 

222
00:12:51,920 --> 00:12:54,720
It should be fun anyways. 
But yeah, I'm not that excited. 

223
00:12:54,720 --> 00:12:57,280
I've I've been watching too much
politics lately. 

224
00:12:57,280 --> 00:13:02,080
I watched the DNC, the RNC, the 
last debate and man, it's just 

225
00:13:02,080 --> 00:13:07,240
clown world personified and it 
is horrible and it's not fun and

226
00:13:07,240 --> 00:13:09,840
it's not even exciting. 
So yeah, it's not going to be 

227
00:13:09,840 --> 00:13:11,560
great at all. 
It's literally going to be bad. 

228
00:13:11,560 --> 00:13:15,760
But anyways, I'm kind of excited
about the ZAP stream Niko Niko 

229
00:13:15,760 --> 00:13:20,240
just literally, you know, silent
launched this ZAP stream on me 

230
00:13:20,240 --> 00:13:24,480
and shout out the Darth coin. 
He he zapped us 121 sats 

231
00:13:24,480 --> 00:13:26,640
already. 
So this is this is pretty cool. 

232
00:13:26,880 --> 00:13:28,920
We got, you know, 20 people over
there on ZAP stream. 

233
00:13:28,920 --> 00:13:30,560
That's dope. 
This is this is awesome. 

234
00:13:30,560 --> 00:13:34,520
And yeah, on another note, I am 
totally cooked right now. 

235
00:13:34,520 --> 00:13:36,520
My back hurts. 
I feel like a boomer. 

236
00:13:36,760 --> 00:13:39,240
I'm I'm struggling to even sit 
up right now. 

237
00:13:39,240 --> 00:13:42,440
But hey, you know the show goes 
on anyways. 

238
00:13:42,720 --> 00:13:48,040
Car, what's up bro? 
I'm one SEC, one SEC am I here? 

239
00:13:48,040 --> 00:13:50,920
Yes car, I am super excited for 
today's culture. 

240
00:13:51,520 --> 00:13:53,400
Let's talk about Pleblab real 
quick. 

241
00:13:53,400 --> 00:13:56,400
For everyone out there that 
doesn't know what Pleblab is, 

242
00:13:56,400 --> 00:13:59,680
give it a little TLDR. What is 
Pleblab and what is the goal 

243
00:13:59,680 --> 00:14:01,480
with Pleblab? 
And then we'll go deep, deep 

244
00:14:01,480 --> 00:14:04,680
dive on the culture. 
Yeah, it's kind of what Nico was

245
00:14:04,680 --> 00:14:06,720
saying at the top of the show 
with the Andreas clip. 

246
00:14:06,720 --> 00:14:09,320
It's, it's about decentralizing 
the world and making sure 

247
00:14:09,320 --> 00:14:11,120
Bitcoin is the primary currency 
to do that. 

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00:14:11,840 --> 00:14:13,640
One of the things that we do 
here at pub lab is we have a 

249
00:14:13,640 --> 00:14:15,880
hackerspace with builders who 
are all self sovereign. 

250
00:14:16,240 --> 00:14:17,520
A lot of them don't want to be 
docs. 

251
00:14:17,520 --> 00:14:18,880
A lot of them want to keep their
privacy. 

252
00:14:18,880 --> 00:14:21,240
So we allow them to pay with 
Bitcoin directly to us. 

253
00:14:21,680 --> 00:14:24,600
So we're kind of like the the 
shield, as you would say, for 

254
00:14:24,600 --> 00:14:27,920
these builders to create in 
peace and, and be able to do the

255
00:14:27,920 --> 00:14:30,360
things that they want to do. 
So it's very much that ethos, 

256
00:14:30,360 --> 00:14:36,080
the core hardcore Bitcoin ethos.
And yeah, I think on the monthly

257
00:14:36,080 --> 00:14:39,080
we try to do our best to get 
more developers and more 

258
00:14:39,080 --> 00:14:42,360
projects inside the lab and try 
to help them in any way we can. 

259
00:14:42,360 --> 00:14:44,400
Whether that's getting them 
connected to people like Y'all 

260
00:14:44,400 --> 00:14:46,680
or getting them connected to 
other people in the space that 

261
00:14:46,680 --> 00:14:49,160
can provide them grants or 
provide them some sort of 

262
00:14:49,520 --> 00:14:53,920
upfront Bitcoin to help them get
started on their on their path 

263
00:14:53,920 --> 00:14:56,640
for their project. 
And yeah, I'm super excited with

264
00:14:56,640 --> 00:14:59,000
what we've been doing for the 
past four years here in Austin, 

265
00:14:59,400 --> 00:15:02,680
and I'm looking forward to doing
another 4 this next cycle. 

266
00:15:03,720 --> 00:15:06,960
Oh, man, I'm excited. 
I love Bitcoiners building, man,

267
00:15:07,240 --> 00:15:09,520
Bitcoiners building is how we 
win. 

268
00:15:09,720 --> 00:15:13,040
We got the smartest and 
brightest people on our side. 

269
00:15:13,640 --> 00:15:15,840
Yeah. 
And of course, most importantly,

270
00:15:15,840 --> 00:15:21,120
we have incentives on our side. 
And all they have left is lies, 

271
00:15:21,120 --> 00:15:24,440
misrepresentation and coercion. 
So it's something to keep in 

272
00:15:24,440 --> 00:15:26,160
mind, something very, very 
important. 

273
00:15:26,360 --> 00:15:30,120
Anyways guys, before we jump 
into the show, I do want to give

274
00:15:30,280 --> 00:15:32,880
a very special shout out to our 
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275
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Of course, I'm talking about 
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What does that mean? 
It means that when you buy 

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As soon as the funds clear, it 

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goes straight to yourself. 
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which perfectly aligns with the 
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separation of money and state. 
By the way, every time you buy 

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All right, everybody, let's hit 

300
00:16:56,960 --> 00:17:05,760
the numbers. 
All right, everybody. 

301
00:17:05,760 --> 00:17:08,960
Usually when you buy a hardware 
wallet, it comes with a piece of

302
00:17:08,960 --> 00:17:10,880
paper. 
And that's where you're, you're 

303
00:17:10,880 --> 00:17:12,680
meant to write down your seed 
words. 

304
00:17:12,720 --> 00:17:16,480
Unfortunately, paper is prone to
water damage, could be burned in

305
00:17:16,480 --> 00:17:17,960
a fire. 
Your dog could eat it. 

306
00:17:18,200 --> 00:17:21,240
You don't want to store your 
generational wealth on a piece 

307
00:17:21,240 --> 00:17:24,800
of paper, which is why we 
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It's literally a titanium seed 

309
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It's fireproof. 

310
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It's waterproof. 
Your dog's probably not going to

311
00:17:32,640 --> 00:17:36,040
want to eat a plate of titanium.
It comes with everything you 

312
00:17:36,040 --> 00:17:40,280
need, the letter stamping tools,
the hammer, the anvil, and the 

313
00:17:40,280 --> 00:17:42,200
plate. 
So you could literally proof of 

314
00:17:42,200 --> 00:17:47,080
work your seed into a plate of 
titanium, which is going to 

315
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survive the test of time. 
This is the right way to store 

316
00:17:51,640 --> 00:17:53,800
your seed words. 
Do it the right way. 

317
00:17:53,800 --> 00:17:56,600
Don't be lazy because at the end
of the day your seed words are 

318
00:17:56,600 --> 00:18:00,240
literally your Bitcoin, so you 
literally want to stamp them on 

319
00:18:00,240 --> 00:18:02,400
a piece of titanium. 
You don't want to write them 

320
00:18:02,400 --> 00:18:04,560
down on paper. 
Don't put yourself in that 

321
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position. 
Head over to stampseed.com 

322
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use promo code simply, you get 
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website. 
At the time of recording the 

325
00:18:15,160 --> 00:18:25,680
Bitcoin price is $56,910.00 Sats
per Dollar 1757 block height 

326
00:18:25,680 --> 00:18:38,120
860,775 blocks to having 189,225
Having estimate March 23rd 2028 

327
00:18:38,320 --> 00:18:45,240
Total lightning network capacity
4939 BTC capacity value 

328
00:18:45,400 --> 00:18:52,280
281,000,000 Realized monetary 
inflation 1.39% Market 

329
00:18:52,280 --> 00:18:58,360
capitalization 1.12 Trillion 
Bitcoin versus gold market cap 

330
00:18:58,560 --> 00:19:03,600
6.47 percent. 
So in the opening monologue I 

331
00:19:03,600 --> 00:19:06,400
was talking about money. 
What is money? 

332
00:19:06,640 --> 00:19:10,200
And once you start going down 
this rabbit hole, the inevitable

333
00:19:10,200 --> 00:19:13,240
question that you're going to 
lead to is not what is money? 

334
00:19:13,440 --> 00:19:16,360
The question that you're going 
to lead to is what is 

335
00:19:16,360 --> 00:19:18,920
government? 
What is the role of the state? 

336
00:19:19,040 --> 00:19:23,160
What do they do for me? 
And you could see the cognitive 

337
00:19:23,160 --> 00:19:27,320
dissonance when cognitive 
dissonance when you see Fiat 

338
00:19:27,320 --> 00:19:31,720
economists talking about this 
and you see them like short 

339
00:19:31,720 --> 00:19:36,680
circuit a little bit and you see
them get upset when they say it 

340
00:19:36,680 --> 00:19:38,920
can't be money, Bitcoin can't be
money. 

341
00:19:38,920 --> 00:19:40,560
You see this from central 
bankers. 

342
00:19:40,560 --> 00:19:44,440
You see this from politicians. 
And here's the reality check. 

343
00:19:45,120 --> 00:19:49,240
Bitcoin is currently sitting at 
$56,907.00. 

344
00:19:50,080 --> 00:19:54,040
I've used Bitcoin to purchase 
many things in my life using 

345
00:19:54,040 --> 00:19:58,800
Lightning or using on chain. 
Is that not money? 

346
00:19:59,120 --> 00:20:05,400
Like am I not using it as money?
So the market determines what 

347
00:20:05,400 --> 00:20:12,320
money is, not politicians. 
And unfortunately for people 

348
00:20:12,320 --> 00:20:16,560
that have, you know, drank the 
Kool-aid, so to speak, that's a 

349
00:20:16,560 --> 00:20:21,000
very hard pill to swallow 
because for the first time, the 

350
00:20:21,000 --> 00:20:24,680
state can't shut it down because
of its decentralized nature. 

351
00:20:25,560 --> 00:20:30,000
And because the state can't shut
it down, it's going to be forced

352
00:20:30,000 --> 00:20:34,000
to compete with it. 
And when you have state money 

353
00:20:34,080 --> 00:20:39,560
which is censored and inflated, 
versus decentralized money, 

354
00:20:39,720 --> 00:20:45,040
which is censorship resistant 
and deflationary, you're going 

355
00:20:45,040 --> 00:20:48,760
to figure out very quickly who's
going to win that over the long 

356
00:20:48,760 --> 00:20:51,160
term. 
Go and try to send a wire 

357
00:20:51,160 --> 00:20:54,520
transfer and then send a Bitcoin
transaction. 

358
00:20:54,720 --> 00:20:58,240
You'll realize extremely quickly
how this ends. 

359
00:20:58,760 --> 00:21:03,480
But remember the, to use Jeff 
Booth's words, the international

360
00:21:03,480 --> 00:21:08,360
rules based order. 
A lot of the systems of control 

361
00:21:08,360 --> 00:21:13,080
that the government has built 
has been built on the idea of 

362
00:21:13,080 --> 00:21:17,240
always being able to put 
pressure on the middleman. 

363
00:21:18,240 --> 00:21:23,040
The problem is for them is 
whether it comes to information 

364
00:21:23,040 --> 00:21:26,720
mass scale peer-to-peer 
communications or mass scale 

365
00:21:26,720 --> 00:21:30,840
peer-to-peer transactions. 
There is no middle man to Co 

366
00:21:30,840 --> 00:21:34,040
opt, but their system has not 
adjusted to that. 

367
00:21:34,240 --> 00:21:38,480
Anyways, I'm giving context to 
this video before I play it. 

368
00:21:38,720 --> 00:21:41,120
I think Max Keiser has a really 
good point here. 

369
00:21:41,480 --> 00:21:45,800
Money existed before the state. 
Bitcoin separates money from the

370
00:21:45,800 --> 00:21:48,360
state. 
Bitcoin ends the state. 

371
00:21:49,040 --> 00:21:54,200
Not only is David MCW, it stands
for David McWilliams, an 

372
00:21:54,200 --> 00:21:57,040
economist, podcaster and author 
view on money. 

373
00:21:57,040 --> 00:21:59,720
Daft. 
His views on the state make no 

374
00:21:59,720 --> 00:22:03,480
sense either. 
No state money has ever escaped 

375
00:22:03,480 --> 00:22:07,360
losing 99 to 100% of its 
purchasing power. 

376
00:22:07,600 --> 00:22:09,960
Let's check out the clip. 
It's about a minute and 13 

377
00:22:09,960 --> 00:22:12,000
seconds. 
You talk about cryptocurrency, 

378
00:22:12,000 --> 00:22:14,680
you talk about Bitcoin, and you 
sound a fairly significant 

379
00:22:14,680 --> 00:22:17,280
warning. 
One of the key points in the 

380
00:22:17,280 --> 00:22:21,880
book is that over thousands of 
years, one of the essential 

381
00:22:21,880 --> 00:22:25,360
arguments has been between 
private money and public money. 

382
00:22:25,640 --> 00:22:30,320
Real money is always public, 
issued by the state or an agent 

383
00:22:30,320 --> 00:22:32,360
of the state. 
Private money, as in 

384
00:22:32,360 --> 00:22:36,400
cryptocurrency, can only enrich 
those people who print the 

385
00:22:36,400 --> 00:22:39,600
money. 
And if you, if Anton Savage had 

386
00:22:39,640 --> 00:22:42,400
Anton Savage coin and you print 
it, who'd get rich, Anton? 

387
00:22:42,560 --> 00:22:44,680
You would actually get rich if 
you think about it, right. 

388
00:22:45,160 --> 00:22:50,720
So at the core of the monetary 
system is the idea that money is

389
00:22:51,040 --> 00:22:54,760
as much part of the state as the
guard, ER, as the Irish army is,

390
00:22:54,760 --> 00:22:57,000
as the tax system is, right. 
This is the state. 

391
00:22:57,000 --> 00:22:58,960
You cannot divorce money from 
the state. 

392
00:22:59,080 --> 00:23:00,600
Why? 
It's too important. 

393
00:23:00,840 --> 00:23:03,240
Yes, we are told the. 
Cryptocurrency achieves exactly 

394
00:23:03,240 --> 00:23:05,040
that, and this democracy and 
currency. 

395
00:23:05,240 --> 00:23:08,960
Cryptocurrency is lots of 
things, but it's not currency 

396
00:23:09,120 --> 00:23:12,160
and it's not money. 
It is a speculative asset that 

397
00:23:12,160 --> 00:23:15,400
goes up, goes down. 
As I said in the book, look, I'm

398
00:23:15,400 --> 00:23:16,760
not giving people financial 
advice. 

399
00:23:17,120 --> 00:23:18,720
If you want to buy crypto, away 
you go. 

400
00:23:18,920 --> 00:23:21,440
But don't tell me it's money, 
because if you tell me it's 

401
00:23:21,440 --> 00:23:23,360
money, you don't understand 
money. 

402
00:23:24,000 --> 00:23:26,360
I would say he doesn't 
understand money. 

403
00:23:26,400 --> 00:23:30,240
I would say that like it can't, 
he can't comprehend it. 

404
00:23:30,440 --> 00:23:35,240
He has come to the conclusion, 
but he can't comprehend a world 

405
00:23:35,520 --> 00:23:37,760
where the state isn't in control
of money. 

406
00:23:37,760 --> 00:23:40,160
So let's rebuke a lot of his 
points. 

407
00:23:40,160 --> 00:23:44,720
First point that he made, which 
is this idea of public and 

408
00:23:44,720 --> 00:23:50,560
private guys, I'm telling you 
right now that is BS. 

409
00:23:50,560 --> 00:23:54,120
Why? 
Has anyone ever audited the Fed?

410
00:23:54,560 --> 00:23:57,840
No. 
Can you create more dollars? 

411
00:23:58,440 --> 00:23:59,400
No. 
You go to jail. 

412
00:23:59,400 --> 00:24:03,800
That's that's like, you know, 
counterfeiting. 

413
00:24:04,960 --> 00:24:09,440
Can you, you know, audit every 
transaction on a public Ledger? 

414
00:24:09,800 --> 00:24:13,360
No. 
Can anyone mine Bitcoin? 

415
00:24:13,360 --> 00:24:16,400
Yeah. 
Could anyone run the Bitcoin 

416
00:24:16,400 --> 00:24:17,480
softer? 
Yeah. 

417
00:24:18,360 --> 00:24:20,520
Could anyone audit it at any 
time? 

418
00:24:20,520 --> 00:24:23,640
Yeah. 
Does anyone have any special 

419
00:24:23,640 --> 00:24:25,600
privileges within the Bitcoin 
network? 

420
00:24:25,760 --> 00:24:29,560
No. 
What sounds more public and what

421
00:24:29,560 --> 00:24:32,240
sounds more private to you? 
And he said the choir part out 

422
00:24:32,240 --> 00:24:34,720
loud when he was talking about 
shitcoins. 

423
00:24:34,720 --> 00:24:37,400
Which is why Bitcoin is so 
different than altcoins. 

424
00:24:38,080 --> 00:24:41,080
And altcoin doesn't solve the 
problem of Fiat. 

425
00:24:41,720 --> 00:24:45,240
It just moves the problem of 
Fiat from the government to a 

426
00:24:45,240 --> 00:24:49,760
foundation or to a founder, 
which is no one should have the 

427
00:24:49,760 --> 00:24:53,800
ability to create money for free
that another human being has to 

428
00:24:53,800 --> 00:24:55,840
work for. 
The fundamental issue with 

429
00:24:55,840 --> 00:25:00,720
altcoins, from the revolutionary
standpoint is that altcoin 

430
00:25:00,720 --> 00:25:03,960
founders and developers will 
change the rules to benefit 

431
00:25:03,960 --> 00:25:06,520
themselves, just as the 
government does. 

432
00:25:07,040 --> 00:25:10,960
What bitcoiners have realized is
that no one should deserve 

433
00:25:10,960 --> 00:25:14,520
special privileges. 
Everyone should be equal in that

434
00:25:14,520 --> 00:25:17,080
sense. 
So he's coming to the 

435
00:25:17,080 --> 00:25:22,680
realization that, holy crap, 
like, it is extremely important 

436
00:25:22,680 --> 00:25:26,560
that the government continues to
have that monopoly on money. 

437
00:25:27,000 --> 00:25:30,520
I don't think the government in 
its current form can exist 

438
00:25:30,520 --> 00:25:32,320
without having its monopoly on 
money. 

439
00:25:32,760 --> 00:25:35,760
And therefore, in his mind, he 
just blocks it out and he just 

440
00:25:35,760 --> 00:25:39,680
says it can't be money. 
Reality check, it's not for you 

441
00:25:39,680 --> 00:25:44,960
to determine or any central bank
or any country or any government

442
00:25:44,960 --> 00:25:47,680
to determine what is money and 
what is not money. 

443
00:25:48,360 --> 00:25:50,960
The market is going to do that 
on its own. 

444
00:25:51,640 --> 00:25:55,360
And by the way, already in El 
Salvador, they made Bitcoin 

445
00:25:55,360 --> 00:25:58,080
legal tender legal through 
democracy. 

446
00:25:58,400 --> 00:26:01,640
So in El Salvador, if you want 
to go down that route, it's 

447
00:26:01,640 --> 00:26:06,840
already determined as money. 
So who are you to say as someone

448
00:26:06,840 --> 00:26:11,280
living in the West, that the 
that what El Salvador did, 

449
00:26:11,440 --> 00:26:15,560
choosing a money that they 
wanted to define as money is not

450
00:26:15,560 --> 00:26:16,800
money? 
Who are you to say that? 

451
00:26:17,600 --> 00:26:21,200
What he's really protecting and 
what he's really advocating for 

452
00:26:21,280 --> 00:26:26,080
is I want the system, this 
special system where 

453
00:26:26,080 --> 00:26:30,120
bureaucratic elite in 
Washington, DC had the very 

454
00:26:30,120 --> 00:26:34,880
special privilege of being ever 
being able to control and issue 

455
00:26:34,880 --> 00:26:37,960
money at will. 
And that system is now being 

456
00:26:37,960 --> 00:26:41,480
threatened by something that is 
decentralized and can't be shut 

457
00:26:41,480 --> 00:26:44,200
down. 
So therefore that system in 

458
00:26:44,200 --> 00:26:47,200
Washington, DC is going to have 
to compete with Bitcoin. 

459
00:26:47,600 --> 00:26:51,040
And it doesn't like competition.
It hates competition because 

460
00:26:51,040 --> 00:26:53,640
fundamentally it's a system 
based on theft. 

461
00:26:53,800 --> 00:26:57,000
But I love watching them squirm 
in the process. 

462
00:26:57,000 --> 00:27:01,400
Like he he, he couldn't like he 
could not comprehend it. 

463
00:27:01,400 --> 00:27:04,000
You could see he was like, it's 
just not money. 

464
00:27:04,000 --> 00:27:07,960
This is this is impossible, like
only the state should have the 

465
00:27:07,960 --> 00:27:10,720
ability to do that. 
And then he uses the, he tries 

466
00:27:10,720 --> 00:27:14,560
to commingle the word public 
with the word no, no, no, no, 

467
00:27:14,560 --> 00:27:18,680
no, no, no Fiat is private. 
The Bitcoin is public. 

468
00:27:18,920 --> 00:27:22,800
That's the reality, right? 
So anyways, that's my take on 

469
00:27:22,800 --> 00:27:24,480
that. 
I just, I love to play those 

470
00:27:24,480 --> 00:27:27,600
types of things because those 
are the types of people that you

471
00:27:27,600 --> 00:27:29,400
know, those are the types of 
people that are going to come 

472
00:27:29,400 --> 00:27:30,600
out. 
They're they're going to hate 

473
00:27:30,600 --> 00:27:35,400
Bitcoin, They're going to try to
stop it, not because of bitcoins

474
00:27:35,400 --> 00:27:38,200
characteristics, for the benefit
that Bitcoin's going to bring, 

475
00:27:38,440 --> 00:27:41,840
but because they're advocating 
for a spit, for a system of 

476
00:27:41,840 --> 00:27:46,120
special privileges, a system 
based on theft and coercion. 

477
00:27:46,120 --> 00:27:47,600
That's what they're advocating 
for. 

478
00:27:47,680 --> 00:27:50,120
When you advocate for Fiat. 
Anyways, I'm going to pass it on

479
00:27:50,120 --> 00:27:52,880
to car car. 
You have an amazing background 

480
00:27:52,880 --> 00:27:56,840
behind you, so I'm sure you feel
very, very passionately about 

481
00:27:57,520 --> 00:27:59,880
what that gentleman had to say. 
What are your thoughts? 

482
00:27:59,880 --> 00:28:02,280
I think, I think you just hit it
on the on the head, Nico. 

483
00:28:02,280 --> 00:28:05,040
I think the biggest problem with
it is like Jerome Powell can 

484
00:28:05,040 --> 00:28:07,960
just press a button and wipes 
away everybody's hard work for 

485
00:28:07,960 --> 00:28:09,440
the week. 
Do you know what I mean? 

486
00:28:09,680 --> 00:28:13,920
Like he can literally just print
money at will from his desk. 

487
00:28:14,320 --> 00:28:16,960
And to me that's, that's just 
like not acceptable. 

488
00:28:17,560 --> 00:28:20,760
I mean, we can, I mean, we can 
work really hard as builders 

489
00:28:20,760 --> 00:28:24,520
here in the ecosystem and we can
work for every SAT that we have.

490
00:28:24,920 --> 00:28:28,440
And fundamentally we all know 
that, hey, there's more work to 

491
00:28:28,440 --> 00:28:30,400
be done and we can have those 
conversations. 

492
00:28:30,680 --> 00:28:34,560
But honestly, this, this, this 
world that they're, they're kind

493
00:28:34,560 --> 00:28:36,520
of in right now just printing 
money and wiping away 

494
00:28:36,520 --> 00:28:37,920
everybody's hard work for the 
week. 

495
00:28:37,920 --> 00:28:41,800
It just doesn't make any sense 
to me. 100% no, it doesn't mean 

496
00:28:41,800 --> 00:28:44,880
I don't think it makes any sense
to anyone Opti it like it. 

497
00:28:44,880 --> 00:28:48,600
It doesn't make sense if you 
wake up like and you see people 

498
00:28:48,600 --> 00:28:51,440
kind of struggling with it and 
trying to come to terms with it 

499
00:28:51,440 --> 00:28:54,080
because it's a very tough pill 
to swallow. 

500
00:28:54,080 --> 00:28:57,520
Could you imagine that like 
you've been working your entire 

501
00:28:57,520 --> 00:29:01,080
life for these dollars and then 
you realize that the entire 

502
00:29:01,080 --> 00:29:04,760
system is based on theft and 
it's based on a lot people don't

503
00:29:04,760 --> 00:29:08,440
understand what money is and 
people still believe that 

504
00:29:08,440 --> 00:29:11,680
inflation is somehow like a fact
of nature. 

505
00:29:11,680 --> 00:29:13,840
Anyways, Opti, what are your? 
What are your thoughts on all 

506
00:29:13,840 --> 00:29:17,600
this? 
Well, my first thought is just 

507
00:29:17,600 --> 00:29:21,120
the amount of status academic 
cope that I just heard was off 

508
00:29:21,120 --> 00:29:25,560
the chart over 9000. 
I am happy that these people do 

509
00:29:25,560 --> 00:29:29,720
the mental gymnastics to try to 
say that Bitcoin isn't money and

510
00:29:29,720 --> 00:29:32,200
they never hold Bitcoin. 
Honestly, I think this is a 

511
00:29:32,200 --> 00:29:35,360
feature, not a bug. 
So I I thought that was kind of 

512
00:29:35,360 --> 00:29:38,080
hilarious, especially the part 
where he's saying what do you 

513
00:29:38,080 --> 00:29:41,920
say? 
Like if I created my own coin, I

514
00:29:41,920 --> 00:29:44,000
would print it and then I would 
get rich. 

515
00:29:44,080 --> 00:29:46,640
It's like, does this guy even 
understand how Fiat currencies 

516
00:29:46,640 --> 00:29:48,480
work? 
That's literally what's going on

517
00:29:48,480 --> 00:29:52,480
with dollars and whatever. 
You know, the pound, it's all 

518
00:29:52,480 --> 00:29:54,680
paper money. 
You know, Fiat money, which is 

519
00:29:54,680 --> 00:29:57,120
literally money by the decree of
the government. 

520
00:29:57,320 --> 00:30:00,240
And they can print more of it 
and the people at the top get 

521
00:30:00,240 --> 00:30:02,040
richer because they're closer to
the money printer. 

522
00:30:02,040 --> 00:30:06,480
Like he literally just described
the Fiat system and then painted

523
00:30:06,480 --> 00:30:09,600
it on crypto currencies. 
And I agree, This is why we are 

524
00:30:09,680 --> 00:30:13,000
Bitcoin only, because Bitcoin 
had the Immaculate Conception, 

525
00:30:13,000 --> 00:30:16,040
because everyone that 
participates in the Bitcoin 

526
00:30:16,040 --> 00:30:18,560
network is equal on the Bitcoin 
network. 

527
00:30:18,560 --> 00:30:23,320
And so I to a certain extent 
kind of agree with him, but what

528
00:30:23,320 --> 00:30:28,520
he just painted really only 
relates to Fiat currencies and 

529
00:30:28,520 --> 00:30:30,680
altcoins. 
It it it has nothing to do with 

530
00:30:30,680 --> 00:30:33,200
Bitcoin. 
And of course I'm a free market 

531
00:30:33,200 --> 00:30:35,440
maxi. 
I agree that there shouldn't be 

532
00:30:35,440 --> 00:30:38,520
a cabal of government officials 
that control the monetary 

533
00:30:38,520 --> 00:30:40,760
network. 
It's just simple economics. 

534
00:30:40,920 --> 00:30:45,200
I don't think that any small 
group of people have all of the 

535
00:30:45,200 --> 00:30:50,360
information to control the 
economy in a good way. 

536
00:30:50,360 --> 00:30:54,720
Any amount of control over the 
economy is going to 'cause 

537
00:30:54,720 --> 00:30:57,400
inadvertent effects and then 
they will just continue to 

538
00:30:57,400 --> 00:30:59,560
manipulate it. 
And this is the feature of 

539
00:30:59,560 --> 00:31:01,600
Bitcoin. 
Bitcoin will end financial 

540
00:31:01,600 --> 00:31:04,840
engineering and this is the 
future that we're heading into. 

541
00:31:04,840 --> 00:31:08,640
And especially if you relate 
this to the cold open of Andreas

542
00:31:08,640 --> 00:31:11,720
Antonopoulos, we are heading 
into a digital world. 

543
00:31:11,840 --> 00:31:15,040
It already is digital. 
Fiat money is already digital 

544
00:31:15,360 --> 00:31:17,520
and we really have to pass ahead
of us. 

545
00:31:17,520 --> 00:31:23,680
It is either a digital currency 
ACBBC that is controlled by a 

546
00:31:23,720 --> 00:31:27,720
small cabal of people that has 
expiration dates that can be 

547
00:31:27,720 --> 00:31:31,400
censored that you know can 
really kick you off the network,

548
00:31:31,400 --> 00:31:35,320
or another one that none of 
those features are a part of. 

549
00:31:35,320 --> 00:31:38,760
There is a permissionless 
censorship resistant money that 

550
00:31:38,760 --> 00:31:41,760
all you have to do is choose to 
participate in it. 

551
00:31:41,760 --> 00:31:43,560
It is freedom money. 
It is Bitcoin. 

552
00:31:43,760 --> 00:31:47,080
So personally, man, I maybe 
maybe it's because my back's 

553
00:31:47,080 --> 00:31:50,040
hurting and I feel like a boomer
today and I'm like, look, have 

554
00:31:50,040 --> 00:31:53,200
fun playing with your paper 
money, with your government debt

555
00:31:53,200 --> 00:31:55,960
Ious like we don't need you 
where we're going. 

556
00:31:55,960 --> 00:32:00,480
You will get it eventually. 
But it really just goes to show 

557
00:32:00,520 --> 00:32:05,240
that if people are listening to 
these academics, these status 

558
00:32:05,240 --> 00:32:08,000
Keynesian economists and this 
guy, what works for the 

559
00:32:08,000 --> 00:32:12,240
economists like the magazine, 
and it's just, it's ridiculous 

560
00:32:12,240 --> 00:32:15,080
that this is where we are. 
So hopefully people aren't 

561
00:32:15,080 --> 00:32:17,680
listening to him, but I think 
people are listening to him 

562
00:32:17,680 --> 00:32:21,360
because he has the academic 
background that he has that 

563
00:32:21,360 --> 00:32:24,400
legitimacy. 
But man, it's just, it's just 

564
00:32:24,400 --> 00:32:26,760
beautiful. 
Like I, I love speculating. 

565
00:32:26,760 --> 00:32:31,440
I, I, I love speculating on life
and then being proven right and 

566
00:32:31,440 --> 00:32:34,320
just continuing to show the 
world that, hey, you may not 

567
00:32:34,320 --> 00:32:37,080
think Bitcoin is money. 
That's fine by me, but it is my 

568
00:32:37,080 --> 00:32:42,160
money and I will continue to 
save and use the better money. 

569
00:32:42,160 --> 00:32:45,720
It's just that simple. 
Have fun. 100 percent, 100% also

570
00:32:45,720 --> 00:32:48,160
shout out. 
I didn't expect so many live 

571
00:32:48,160 --> 00:32:51,960
viewers on ZAP dot stream bro 
and it's a lively chat. 

572
00:32:51,960 --> 00:32:54,400
So shout out to the bitcoiners 
that are watching us there. 

573
00:32:54,600 --> 00:32:57,080
And of course, we posted that on
our noster as well. 

574
00:32:57,080 --> 00:32:59,120
So really, really warming up to 
that as well. 

575
00:32:59,120 --> 00:33:02,040
I see lightning goats, Darth 
coin, Darth coin. 

576
00:33:02,040 --> 00:33:05,840
I apologize for taking so long. 
I'm a media person, not really a

577
00:33:05,840 --> 00:33:08,760
tech person, but I eventually I 
figured it out over the weekend 

578
00:33:09,360 --> 00:33:13,360
and we're going to continue to 
drop even more content on Noster

579
00:33:13,360 --> 00:33:15,400
as well. 
So stay tuned anyways, guys, if 

580
00:33:15,400 --> 00:33:18,800
you're watching us on YouTube 
Rumble X Nos, I don't know if 

581
00:33:18,800 --> 00:33:21,800
you could like it, but make sure
to smash that like button 

582
00:33:21,800 --> 00:33:24,280
really, really helps push the 
message forward. 

583
00:33:24,280 --> 00:33:26,520
Of course, if you guys are 
enjoying the show, make sure to 

584
00:33:26,520 --> 00:33:28,640
share the video as well. 
Stay tuned. 

585
00:33:28,640 --> 00:33:31,760
We're going to talk about Jack 
Mahler's debating Peter Schiff 

586
00:33:31,960 --> 00:33:34,720
during the news segment. 
So let's check it out. 

587
00:33:34,720 --> 00:33:39,200
Here we go. 
Special shout out to our 

588
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589
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590
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592
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595
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596
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597
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598
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599
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600
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601
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your success. 
I want to I give a shout out to 

602
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our sponsor foundation. 
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603
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604
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605
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606
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607
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608
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609
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It's also air gaps, meaning 

610
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612
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613
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614
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616
00:35:27,040 --> 00:35:30,080
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617
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618
00:35:34,040 --> 00:35:38,600
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619
00:35:38,600 --> 00:35:41,680
a discount. 
Remember not your keys, not your

620
00:35:41,680 --> 00:35:44,880
cheese all right everybody, so 
let's talk about this. 

621
00:35:44,880 --> 00:35:46,880
I don't even know why this is 
still a debate. 

622
00:35:47,080 --> 00:35:49,160
I, I don't, I, I can't 
comprehend it. 

623
00:35:49,440 --> 00:35:53,040
This is like what is going on. 
I don't get it. 

624
00:35:53,080 --> 00:35:56,280
I don't understand it. 
Like speak about it. 

625
00:35:56,360 --> 00:35:59,240
Like the cognitive dissonance. 
That's what, that's what it just

626
00:35:59,240 --> 00:36:01,520
reminds me of. 
It's like that guy talking in 

627
00:36:01,520 --> 00:36:03,800
the podcast earlier and then 
this. 

628
00:36:04,080 --> 00:36:06,480
It's the same. 
It's like there's like clear 

629
00:36:06,680 --> 00:36:11,480
cognitive dissonance here and 
like there's reality staring you

630
00:36:11,480 --> 00:36:13,960
in the face. 
But because these things have 

631
00:36:13,960 --> 00:36:17,000
been around for so long, like 
they just, they're like, no, it,

632
00:36:17,080 --> 00:36:20,480
it, it can't be this, this, this
magic Internet money, it just, 

633
00:36:20,520 --> 00:36:23,160
it's impossible. 
Like I, I can't comprehend it, 

634
00:36:23,160 --> 00:36:26,080
but like I think the data speaks
for itself, right? 

635
00:36:27,040 --> 00:36:32,360
The BTC per ounce of gold for 
the audio listeners right back 

636
00:36:32,360 --> 00:36:38,960
in 2010, it was I think it's 
1.41 point 5 million satoshis 

637
00:36:38,960 --> 00:36:41,160
per thing. 
And this just thing, this thing 

638
00:36:41,160 --> 00:36:46,720
just like like just goes down 
and to the right now today it's 

639
00:36:46,720 --> 00:36:51,560
.047 Bitcoin. 
I think that meant like, dude, 

640
00:36:51,560 --> 00:36:53,160
it's crazy. 
It's crazy. 

641
00:36:53,160 --> 00:36:55,440
Is that 1,000,000 Bitcoin per 
oz? 

642
00:36:55,440 --> 00:36:59,200
Anyways, the point is, is that 
this thing is just gone down, 

643
00:36:59,440 --> 00:37:01,000
right? 
And then as you can see, the 

644
00:37:01,000 --> 00:37:03,800
price of Bitcoin just continues 
to go up. 

645
00:37:04,200 --> 00:37:07,640
So I mean, I think the numbers 
speak for the self, for itself. 

646
00:37:07,760 --> 00:37:12,000
I think everything goes to zero 
against Bitcoin, whether that's 

647
00:37:12,000 --> 00:37:16,720
gold, whether that's the dollar,
whether that is your, you know, 

648
00:37:16,800 --> 00:37:20,800
favorite stock, whether that is 
real estate like Bitcoin. 

649
00:37:20,800 --> 00:37:24,040
This is what Sailor has been 
saying, Like Bitcoin is the 

650
00:37:24,040 --> 00:37:27,920
superior asset, full stop. 
It's because of its physical 

651
00:37:27,920 --> 00:37:30,600
characteristics. 
It's because of its absolute 

652
00:37:30,600 --> 00:37:32,960
scarcity. 
This isn't even a debate 

653
00:37:32,960 --> 00:37:35,400
anymore. 
So the fact that Schiff is even 

654
00:37:35,400 --> 00:37:37,920
doing this, is he doing this for
likes? 

655
00:37:37,920 --> 00:37:40,120
Is he doing it for like 
engagement? 

656
00:37:40,120 --> 00:37:42,520
Maybe? 
But anyways, I'll play you guys.

657
00:37:42,520 --> 00:37:48,280
The clip this is from. 
I want to give credit to maybe 

658
00:37:48,280 --> 00:37:50,200
this. 
I think this is David David 

659
00:37:50,200 --> 00:37:53,720
Linn's YouTube channel. 
So shout out to him. 

660
00:37:55,280 --> 00:37:57,120
This is his work. 
We're going to play you a clip 

661
00:37:57,600 --> 00:38:01,240
of Jack Mahler's debating Peter 
Schiff, and then we'll react to 

662
00:38:01,240 --> 00:38:02,000
it. 
Let's check it out. 

663
00:38:02,920 --> 00:38:05,600
Is that unfortunately it has to 
centralized. 

664
00:38:05,960 --> 00:38:09,000
The problem is that gold can't 
achieve transaction finality 

665
00:38:09,000 --> 00:38:11,120
without the help of a government
or a central party. 

666
00:38:11,520 --> 00:38:15,000
Meaning that when gold was 
operating in a local economy and

667
00:38:15,000 --> 00:38:17,360
you can exchange the physical 
coins with your direct 

668
00:38:17,360 --> 00:38:20,880
counterpart for your butcher, 
your local tailor, your grocer, 

669
00:38:20,880 --> 00:38:23,400
whoever you were exchanging 
with, gold was great. 

670
00:38:24,080 --> 00:38:26,840
When the world needed to scale 
an economy and the velocity of 

671
00:38:26,840 --> 00:38:30,360
money larger than your local 
economy, gold failed us. 

672
00:38:30,360 --> 00:38:33,800
Gold failed us because gold is 
just a bare physical metal. 

673
00:38:33,880 --> 00:38:35,560
It does not carry a monetary 
network. 

674
00:38:35,560 --> 00:38:37,520
What's the gold network? 
The gold network are human 

675
00:38:37,520 --> 00:38:39,120
beings. 
And when you're trying to 

676
00:38:39,120 --> 00:38:42,320
transact in an economy of 
billions of people globally, you

677
00:38:42,320 --> 00:38:44,880
are reliant on central parties, 
banks, governments. 

678
00:38:44,880 --> 00:38:47,280
And it was for that reason that 
gold failed. 

679
00:38:47,280 --> 00:38:50,840
And it failed in a way that you 
can't operate a truly free 

680
00:38:50,840 --> 00:38:54,200
market when the concentrated 
supply is with those that you 

681
00:38:54,200 --> 00:38:56,800
have to trust. 
And so that's fundamentally what

682
00:38:56,800 --> 00:39:01,560
Bitcoin solved is that you are 
able to create a scarce bearer 

683
00:39:01,560 --> 00:39:04,640
instrument and a network that 
can achieve finality in 

684
00:39:04,640 --> 00:39:08,000
transactional settlement without
the reliance on any government 

685
00:39:08,040 --> 00:39:11,000
or party. 
So that I think is, is 

686
00:39:11,000 --> 00:39:14,280
extremely, that's really the 
core issue of why gold's been 

687
00:39:14,280 --> 00:39:20,200
demonetized since I think on the
points of Bitcoin like needing 

688
00:39:20,200 --> 00:39:23,480
more history and it's young. 
I mean, I think that sounds like

689
00:39:23,480 --> 00:39:26,040
a personal problem for you, 
Peter, like that. 

690
00:39:26,040 --> 00:39:29,160
I think you need more evidence 
and that's you being slow to 

691
00:39:29,160 --> 00:39:31,640
recognize reality, right? 
Like if you were to need the 

692
00:39:31,640 --> 00:39:35,240
Internet to prove that e-mail is
better than traditional mail, 

693
00:39:35,360 --> 00:39:37,960
you would just be late to 
adopting better technology. 

694
00:39:38,160 --> 00:39:40,600
That doesn't sound like that's 
not a point or a criticism 

695
00:39:40,600 --> 00:39:42,200
against the properties that 
Bitcoin has. 

696
00:39:42,400 --> 00:39:45,880
That's your own personal bias of
how much proof that you need to 

697
00:39:45,880 --> 00:39:47,560
adopt something that might be 
superior. 

698
00:39:47,560 --> 00:39:51,040
So that is that's on on you. 
And the last thing I will say on

699
00:39:51,040 --> 00:39:53,760
bitcoins, volatility, you know, 
for the listeners, I really 

700
00:39:53,760 --> 00:39:55,560
think it's an important 
fundamental point. 

701
00:39:55,760 --> 00:39:58,040
Risk is not the same thing as 
volatility. 

702
00:39:58,680 --> 00:40:03,280
Risk refers to the probability 
of a permanent loss of capital. 

703
00:40:03,360 --> 00:40:06,120
Risk would be that the Bitcoin 
code or the Bitcoin network 

704
00:40:06,120 --> 00:40:08,280
outright fails. 
You can make an argument that 

705
00:40:08,280 --> 00:40:11,160
Bitcoin's actually the least 
risky asset ever because it's 

706
00:40:11,160 --> 00:40:12,720
the only asset you can store in 
your head. 

707
00:40:13,080 --> 00:40:16,760
Bitcoin is, however, extremely 
volatile and I would admit that,

708
00:40:16,760 --> 00:40:20,160
but that's that's a pro. 
Volatility is the frequency or 

709
00:40:20,160 --> 00:40:22,400
like the magnitude of which the 
price fluctuates. 

710
00:40:22,840 --> 00:40:24,560
And so Bitcoin, hold on, hold 
on. 

711
00:40:24,560 --> 00:40:25,880
I'm almost done. 
I promise. 30 seconds. 

712
00:40:26,480 --> 00:40:29,640
The the point here, David. 
Is that Bitcoin has to be 

713
00:40:29,640 --> 00:40:34,160
volatile because the asset is 
inelastic, because the asset 

714
00:40:34,160 --> 00:40:36,760
cannot. 
With more demand in Bitcoin, you

715
00:40:36,760 --> 00:40:40,480
cannot make more supply. 
More demand has to fundamentally

716
00:40:41,200 --> 00:40:43,680
be a higher price, whereas for 
all other commodities and all 

717
00:40:43,720 --> 00:40:46,680
other assets with more supply, 
you can make more demand, which 

718
00:40:46,680 --> 00:40:49,720
makes them less volatile, but 
also makes them, I mean, I just 

719
00:40:49,720 --> 00:40:52,280
went over the returns and the 
data, which also makes the 

720
00:40:52,280 --> 00:40:54,720
returns not nearly what we're 
seeing in Bitcoin. 

721
00:40:54,720 --> 00:40:57,120
So Bitcoin volatility is baked 
into the system because it's a 

722
00:40:57,120 --> 00:40:59,960
fixed asset. 
So as it becomes adopted as a 

723
00:40:59,960 --> 00:41:02,320
money globally, volatility's 
implied. 

724
00:41:02,320 --> 00:41:05,160
But volatility's also the only 
reason that Bitcoin's averaging 

725
00:41:05,160 --> 00:41:08,800
100% year over year growth over 
the last decade and gold's at 

726
00:41:08,800 --> 00:41:12,040
2%. 
So, and volatility's not risk 

727
00:41:12,440 --> 00:41:14,760
because Bitcoin's volatile, it 
doesn't make it risky, it makes 

728
00:41:14,760 --> 00:41:17,960
it an opportunity well. 
So first of all I I want to give

729
00:41:17,960 --> 00:41:20,000
a shout out to the original 
creator. 

730
00:41:20,000 --> 00:41:24,040
The real problem with gold? 
Pause that David Lynn, this is 

731
00:41:24,040 --> 00:41:27,360
if you guys want to check out 
the entire show, go take out, go

732
00:41:27,360 --> 00:41:32,160
check out David Lynn's a podcast
or or YouTube channel. 

733
00:41:32,720 --> 00:41:35,360
Great content creator and also 
awesome for putting together 

734
00:41:35,360 --> 00:41:36,880
that debate. 
So I want to give credit where 

735
00:41:36,880 --> 00:41:41,800
credit is due, but Jack Mahler's
just completely like 

736
00:41:41,880 --> 00:41:46,560
annihilating, you know, Peter 
Schiff, like coming with the 

737
00:41:46,560 --> 00:41:49,440
facts to the point where Peter 
Schiff was like he started 

738
00:41:49,440 --> 00:41:51,280
laughing at one point because he
was like what? 

739
00:41:51,280 --> 00:41:52,880
Like I don't even know what to 
say to this. 

740
00:41:53,200 --> 00:41:56,480
And this is what we were talking
about in terms of gold's 

741
00:41:56,480 --> 00:42:00,880
physical characteristics enabled
it for it to be Co opted. 

742
00:42:01,080 --> 00:42:04,640
And this is the problem that 
Bitcoin fixes because you can 

743
00:42:04,640 --> 00:42:08,720
send Bitcoin instantaneously to 
anyone anywhere around the 

744
00:42:08,720 --> 00:42:11,920
world. 
It's even more scarce than gold.

745
00:42:12,480 --> 00:42:16,760
It allows a custody in a very 
efficient manner that actually 

746
00:42:16,760 --> 00:42:20,920
benefits the individual over the
over a third party. 

747
00:42:22,120 --> 00:42:27,320
And if you connect this with the
video that we played for you 

748
00:42:27,320 --> 00:42:33,240
guys during the numbers segment,
this is such a transformative 

749
00:42:33,240 --> 00:42:37,960
technology that it is, I would 
say, and this is very 

750
00:42:37,960 --> 00:42:40,720
controversial when I say this to
Bitcoiners because Bitcoiners 

751
00:42:40,720 --> 00:42:43,120
are like, no, Nico, leave 
politics out of this. 

752
00:42:43,120 --> 00:42:48,600
But my response to that was my 
response to that is the 

753
00:42:48,600 --> 00:42:52,920
separation of money and state by
definition is political right. 

754
00:42:53,200 --> 00:42:57,000
Like, that is political, right? 
What is the definition of 

755
00:42:57,000 --> 00:42:58,960
politics? 
The definition of politics is 

756
00:42:58,960 --> 00:43:03,520
the organization of power. 
And all of a sudden, now that 

757
00:43:03,720 --> 00:43:08,240
you have the balance of power 
shifting from the state back to 

758
00:43:08,240 --> 00:43:11,680
the individual, of course 
there's going to be a little bit

759
00:43:11,680 --> 00:43:14,200
of strife there. 
That's why you're seeing 

760
00:43:14,400 --> 00:43:18,520
elements of the government. 
It's not monolithic, but 

761
00:43:18,520 --> 00:43:23,200
elements of certain governments 
react in such a hostile manner 

762
00:43:23,400 --> 00:43:26,840
towards Bitcoin because they see
it as a fundamental threat. 

763
00:43:27,040 --> 00:43:29,960
Just as the gentleman in the 
first video pointed out. 

764
00:43:30,040 --> 00:43:33,240
He's like, he, he saw it. 
He he saw, he saw the writing on

765
00:43:33,240 --> 00:43:35,720
the wall. 
He's like, it's so instrumental 

766
00:43:35,720 --> 00:43:38,800
to the state. 
Like I can't even comprehend a 

767
00:43:38,800 --> 00:43:43,120
world where money and state 
aren't aren't, you know, 

768
00:43:43,320 --> 00:43:45,960
connected because it changes 
everything. 

769
00:43:45,960 --> 00:43:47,960
Like think about this for a 
second, right? 

770
00:43:47,960 --> 00:43:49,320
It's specifically in the United 
States. 

771
00:43:50,600 --> 00:43:54,320
If you live in Florida and if 
you live in California or you 

772
00:43:54,320 --> 00:43:57,760
live in Florida and someone, it 
lives in North Dakota. 

773
00:43:58,000 --> 00:44:00,000
I'm sure the people in North 
Dakota are dope and they're 

774
00:44:00,000 --> 00:44:03,120
awesome, but what's keeping 
everyone together? 

775
00:44:04,600 --> 00:44:07,760
Why can't Florida be its own 
thing, its own state? 

776
00:44:08,200 --> 00:44:10,280
Why can't it just function its 
own? 

777
00:44:11,440 --> 00:44:14,000
It's the dollar. 
What's keeping the federal 

778
00:44:14,000 --> 00:44:17,160
government together? 
It's the dollar, right? 

779
00:44:17,560 --> 00:44:22,200
So what happens if all of a 
sudden, five, 1015% of the 

780
00:44:22,200 --> 00:44:28,080
population are no longer using 
the dollar because it's an 

781
00:44:28,080 --> 00:44:30,360
inferior currency? 
What happens? 

782
00:44:31,480 --> 00:44:36,000
Because to give the gold bugs 
credit where credit is due, they

783
00:44:36,000 --> 00:44:42,120
correctly identified the 
problem, but they didn't choose 

784
00:44:42,120 --> 00:44:45,080
the right tool. 
And the right tool is Bitcoin. 

785
00:44:45,520 --> 00:44:49,080
I mean, I think it was Hayek, 
that famous video of him going 

786
00:44:49,080 --> 00:44:51,600
viral, right? 
Which is we need to find a 

787
00:44:51,600 --> 00:44:55,120
clever roundabout way to get 
money out of the hands of 

788
00:44:55,120 --> 00:44:58,200
government. 
And Satoshi found that clever 

789
00:44:58,200 --> 00:45:02,720
roundabout way and it can only 
be achieved via 

790
00:45:02,720 --> 00:45:06,400
decentralization. 
And this is where gold failed. 

791
00:45:07,080 --> 00:45:11,560
It was Co opted because of its 
physical characteristics limited

792
00:45:11,880 --> 00:45:16,160
its ability for individuals on a
massive scale to take self 

793
00:45:16,160 --> 00:45:20,720
custody of it and also it limits
them from them being able to 

794
00:45:21,440 --> 00:45:23,880
transact with it in a global 
manner. 

795
00:45:24,720 --> 00:45:27,840
So it it like it created the 
centralization in a way, and 

796
00:45:27,840 --> 00:45:32,480
you're kind of seeing it with 
the Coinbase custody of all 

797
00:45:32,480 --> 00:45:36,120
these ETFs. 
But still the vast majority of 

798
00:45:36,120 --> 00:45:38,880
Bitcoin is still held by 
individuals, right? 

799
00:45:39,200 --> 00:45:44,120
So yeah, will Bitcoin survive 
that final boss test? 

800
00:45:44,400 --> 00:45:48,120
I think it will in my personal 
opinion, but that test is still 

801
00:45:48,120 --> 00:45:51,520
yet to come. 
I think we're in the separation 

802
00:45:51,520 --> 00:45:54,040
of information and state kind of
battle right now. 

803
00:45:54,040 --> 00:45:55,840
That's what you're seeing it on 
the Internet. 

804
00:45:56,000 --> 00:45:58,440
You're seeing rumble get the 
platform to just got banned in 

805
00:45:58,440 --> 00:46:02,880
Brazil and you're seeing a 
pressure on Elon and you're 

806
00:46:02,880 --> 00:46:07,240
seeing the rise of nostril and 
what I think the battle next 

807
00:46:07,240 --> 00:46:10,400
coming like it it it's you're 
seeing the first innings of it 

808
00:46:10,400 --> 00:46:14,640
with Operation Choke .2 point O 
is the separation of money and 

809
00:46:14,640 --> 00:46:16,960
state. 
And I in my personal opinion, I 

810
00:46:16,960 --> 00:46:20,880
think that fight is going to be 
a lot nastier because as that 

811
00:46:20,880 --> 00:46:25,560
guy pointed out in that first 
video, he's got it. 

812
00:46:25,560 --> 00:46:28,680
He's got it himself. 
He's like it is so important. 

813
00:46:28,680 --> 00:46:31,600
Like his eyes even popped out. 
He's like, it is so important. 

814
00:46:31,600 --> 00:46:34,880
I would say, yeah, it is 
extremely important for how the 

815
00:46:34,880 --> 00:46:39,400
government is run today in a 
very inefficient manner for them

816
00:46:39,400 --> 00:46:41,800
to retain their monopoly on 
money. 

817
00:46:42,320 --> 00:46:44,480
But I don't I don't think 
they'll I don't think they 

818
00:46:44,480 --> 00:46:48,800
really have a choice in this. 
I think, you know, Bitcoin is an

819
00:46:48,800 --> 00:46:52,320
idea more than anything. 
And I think as more and more 

820
00:46:52,320 --> 00:46:56,040
people wake up to the fact that 
money can exist without 

821
00:46:56,040 --> 00:46:59,640
inflation baked in, I think 
that's a one way door. 

822
00:46:59,680 --> 00:47:02,280
You don't go back from that. 
That's my personal opinion. 

823
00:47:02,360 --> 00:47:04,760
I'm going to pass it on to Carr.
Carr, what are your what are 

824
00:47:04,760 --> 00:47:08,840
your thoughts on Jack Mahler's 
Absolutely ballin? 

825
00:47:09,760 --> 00:47:12,280
Yeah, Jack's a goat. 
I mean, he literally explained 

826
00:47:12,280 --> 00:47:15,760
to Peter Schiff why Bitcoin 
works fundamentally for the rest

827
00:47:15,760 --> 00:47:19,160
of the world. 
Maybe it doesn't work for for 

828
00:47:19,160 --> 00:47:20,880
Peter, but it does work for 
everybody else. 

829
00:47:20,880 --> 00:47:22,480
I think you hit on a couple 
things there, Nico. 

830
00:47:22,480 --> 00:47:25,240
I want to touch on. 
I think the CBDC is their way of

831
00:47:25,760 --> 00:47:28,520
keeping people still locked in 
because it's another it it you 

832
00:47:28,520 --> 00:47:31,240
can obfuscate another layer on 
top of the already debase 

833
00:47:31,240 --> 00:47:34,200
currency. 
So I think that's why they're so

834
00:47:34,200 --> 00:47:37,360
adamant about rolling through 
CBDCSI think another thing that 

835
00:47:37,360 --> 00:47:39,360
you touched on too as well is 
about the decentralization 

836
00:47:39,360 --> 00:47:41,640
aspects of it. 
I think the incentives over time

837
00:47:41,640 --> 00:47:43,800
will just prove that Bitcoin 
will win. 

838
00:47:43,800 --> 00:47:46,160
And, and I think, yeah, I think 
it's definitely gonna get nasty.

839
00:47:46,160 --> 00:47:48,240
And I think they're definitely 
gonna start pulling more content

840
00:47:48,880 --> 00:47:54,880
to kind of kind of quiet down 
how you do the how you have a 

841
00:47:54,880 --> 00:47:56,880
Bitcoin wallet, how you have a 
Lightning wallet, how you do 

842
00:47:56,880 --> 00:48:00,080
these kind of things. 
But I do think over time, the 

843
00:48:00,080 --> 00:48:03,800
incentives will just outweigh 
the need to want to have a 

844
00:48:03,800 --> 00:48:05,280
CBBCI. 
Think if somebody came in 

845
00:48:05,280 --> 00:48:07,080
tomorrow and said car, do you 
want Bitcoin or dollars? 

846
00:48:07,400 --> 00:48:09,160
I would say Bitcoin. 
And I think over time that will 

847
00:48:09,160 --> 00:48:10,640
just prove to be true for 
everybody. 

848
00:48:10,640 --> 00:48:14,240
A. 100% I completely agree with 
that Opti. 

849
00:48:14,240 --> 00:48:15,480
What's your take on all this, 
brother? 

850
00:48:17,000 --> 00:48:21,160
Well, I am once again here 
saying, why do we listen to 

851
00:48:21,160 --> 00:48:23,560
Peter Schiff? 
Why do we give him any air time?

852
00:48:23,760 --> 00:48:28,440
I am personally on the camp that
Peter Schiff is just playing a 

853
00:48:28,440 --> 00:48:31,280
role. 
It's his job to shield gold. 

854
00:48:31,400 --> 00:48:36,320
It's his business to try to say 
that gold is, you know, the 

855
00:48:36,320 --> 00:48:39,800
money of the future or whatever 
his recent narratives are. 

856
00:48:39,800 --> 00:48:44,040
But Jack Mahler's, kudos to him 
for for actually taking on that 

857
00:48:44,040 --> 00:48:46,480
debate and thoroughly destroying
Peter Schiff. 

858
00:48:46,480 --> 00:48:48,960
But again, and I think Peter 
Schiff sees the writing on the 

859
00:48:48,960 --> 00:48:53,120
wall, it, it kind of reminds me 
of that one saying it's hard to 

860
00:48:53,120 --> 00:48:56,720
convince a guy of the truth when
it's his job to know the lie or 

861
00:48:56,720 --> 00:48:58,360
whatever it is. 
You guys, you guys have heard it

862
00:48:58,360 --> 00:49:01,480
1000 times on this show. 
So this is what I see when I see

863
00:49:01,480 --> 00:49:03,240
Peter Schiff. 
It's like Schodenfrob. 

864
00:49:03,560 --> 00:49:05,920
He's it's like literally or 
what's it? 

865
00:49:06,320 --> 00:49:11,080
He's he, he's like he's live 
action role-playing WWF 

866
00:49:11,080 --> 00:49:13,160
wrestling. 
Every time I see him talking 

867
00:49:13,160 --> 00:49:17,160
about gold, you can tell that 
he, at least personally, it 

868
00:49:17,160 --> 00:49:20,280
seems to me that he agrees with 
a lot of the stuff we say, 

869
00:49:20,600 --> 00:49:24,120
especially when you consider 
that his I, I forget if it's his

870
00:49:24,120 --> 00:49:28,200
father or his grandfather, but 
he's come from a long line of 

871
00:49:28,200 --> 00:49:32,400
libertarian thinkers. 
And so you'd have to venture to 

872
00:49:32,400 --> 00:49:35,080
guess that he really does 
understand a lot of the stuff 

873
00:49:35,080 --> 00:49:38,040
that US bitcoiners talk about. 
But it's his job to shield big 

874
00:49:38,040 --> 00:49:40,320
or sorry, it's his job to shield
gold. 

875
00:49:40,560 --> 00:49:44,320
Hence why he always goes out and
he parades himself for the 

876
00:49:44,400 --> 00:49:46,480
boomers out there that want to 
hold something. 

877
00:49:46,480 --> 00:49:49,680
And it's like, no, guys, trust 
me, gold is the money of the 

878
00:49:49,680 --> 00:49:52,720
future and we're going to go 
back to a gold standard with 

879
00:49:52,720 --> 00:49:53,160
that. 
Wait. 

880
00:49:53,160 --> 00:49:56,640
Like completely ignoring the 
fact that personally, in my 

881
00:49:56,640 --> 00:49:59,800
opinion, and maybe you guys can 
push, push back against this 

882
00:49:59,800 --> 00:50:03,720
like gold failed as a monetary 
medium. 

883
00:50:03,720 --> 00:50:05,520
Yes, it's still a store of 
value. 

884
00:50:05,520 --> 00:50:09,880
Yes, it's still a hedge against 
dollar inflation, but it it's 

885
00:50:09,880 --> 00:50:12,080
failed as money in the digital 
world. 

886
00:50:12,080 --> 00:50:16,240
And This is why Bitcoin is a 10X
improvement on gold is because 

887
00:50:16,240 --> 00:50:19,360
it is a digital world. 
We live in a world that is never

888
00:50:19,360 --> 00:50:22,320
going to go back to a time that 
there is no Internet. 

889
00:50:22,640 --> 00:50:25,760
Hence why we as Bitcoiners 
believe that there needs to be 

890
00:50:25,760 --> 00:50:27,720
an Internet native money, which 
is Bitcoin. 

891
00:50:28,080 --> 00:50:33,080
And as much as I personally do 
like gold, not so much as a 

892
00:50:33,080 --> 00:50:35,440
monetary medium, but I just 
think it's pretty. 

893
00:50:35,440 --> 00:50:38,160
And I I've joked before on the 
show that I can't wait till gold

894
00:50:38,280 --> 00:50:40,680
gets demonetized and I have a 
gaudy house full of. 

895
00:50:40,800 --> 00:50:45,240
I like, I'm gonna keep saying 
this like I love gold, Like I 

896
00:50:45,600 --> 00:50:47,240
have a gold. 
Chain, you know you. 

897
00:50:47,240 --> 00:50:50,320
Know those like those gold? 
I have a silver one. 

898
00:50:50,920 --> 00:50:55,160
You know, those like gold, those
gold like those like gold bars, 

899
00:50:55,160 --> 00:50:57,640
like they feel really good to 
hold in your hand like I'm not. 

900
00:50:57,680 --> 00:50:59,440
Yeah, sure. 
I I agree with that. 

901
00:50:59,440 --> 00:51:01,960
Like I love gold, like gold is 
dope, but. 

902
00:51:02,120 --> 00:51:04,440
But can you? 
Can you send? 

903
00:51:04,440 --> 00:51:06,080
That gold bar through the 
Internet. 

904
00:51:06,480 --> 00:51:08,560
No, no, but this is what I'm 
trying to tell you is that like 

905
00:51:08,680 --> 00:51:11,480
gold is dope. 
Like I'm not like gold is dope, 

906
00:51:11,560 --> 00:51:14,720
but is it better than Bitcoin? 
No Would I rather hold Bitcoin? 

907
00:51:14,720 --> 00:51:18,440
Absolutely. 1,000,000% every 
single time, But I'm not like 

908
00:51:18,480 --> 00:51:19,640
it. 
It's still dope though. 

909
00:51:19,640 --> 00:51:22,360
Like, it's still cool. 
I like, I like, I like the feet.

910
00:51:22,360 --> 00:51:25,320
I like holding it. 
Like what you said, Opti's gonna

911
00:51:25,320 --> 00:51:28,520
just gold out his entire house. 
And I saw the like gold, but 

912
00:51:28,520 --> 00:51:30,920
it's not my money, you know? 
It's dope. 

913
00:51:30,920 --> 00:51:32,920
I'm not shitting on it. 
And, and also I want to give a 

914
00:51:32,920 --> 00:51:36,400
shout out to the gold bugs 
because like they did so much 

915
00:51:36,400 --> 00:51:40,600
work and so much heavy lifting 
identifying all of these 

916
00:51:40,600 --> 00:51:43,640
problems and it and it, and it 
just like it's a little bit 

917
00:51:43,640 --> 00:51:47,760
tragic in a way that it's like 
they got everything right, but 

918
00:51:47,760 --> 00:51:50,480
they just didn't have the right 
tool like they were before their

919
00:51:50,480 --> 00:51:54,880
time, you know, and it, it takes
a lot of humility for you to 

920
00:51:55,320 --> 00:51:59,160
double down on something for 
like 20-30 years and then all of

921
00:51:59,160 --> 00:52:03,040
a sudden something comes along 
which is the correct tool that 

922
00:52:03,040 --> 00:52:06,040
you need to use in order to 
achieve the outcome that you 

923
00:52:06,040 --> 00:52:08,680
wanted. 
But it's very hard. 

924
00:52:08,680 --> 00:52:11,680
Like that's a, you know, I love 
who, who, I, I forget who 

925
00:52:11,680 --> 00:52:14,240
originally says that, but 
Bitcoin is a humility test. 

926
00:52:14,800 --> 00:52:17,280
Like it, it is a humility test 
and everyone gets Bitcoin at the

927
00:52:17,280 --> 00:52:19,360
price they deserve. 
So it, it's a little bit 

928
00:52:19,360 --> 00:52:21,920
difficult. 
Like I, I, I, I, I empathize 

929
00:52:21,960 --> 00:52:25,560
with it a little bit, but at the
same time, like Peter, Peter 

930
00:52:25,560 --> 00:52:29,000
Schiff, bro, like it's been 10 
effing years, dude. 

931
00:52:29,280 --> 00:52:32,760
Like it's been 10 years and 
you're just going to continue to

932
00:52:32,760 --> 00:52:36,320
get humbled, bro. 
Like, like just, it's OK to 

933
00:52:36,320 --> 00:52:39,040
admit it. 
Like we, we will welcome you in,

934
00:52:39,240 --> 00:52:42,840
you know, but some people have 
big egos and it's very 

935
00:52:42,840 --> 00:52:44,960
difficult. 
And yeah, and, and last two, two

936
00:52:44,960 --> 00:52:52,040
points last year very publicly, 
Peter Schiff got debanked and 

937
00:52:52,040 --> 00:52:54,800
all of Bitcoiners were like, 
see, This is why you need 

938
00:52:54,800 --> 00:52:57,080
Bitcoin. 
And one of the one of the big 

939
00:52:57,080 --> 00:53:01,040
things that you constantly hear 
Peter Schiff say is no one's 

940
00:53:01,040 --> 00:53:03,560
accepting Bitcoin because it's 
not money. 

941
00:53:03,800 --> 00:53:08,160
Yet he literally accepts Bitcoin
and shit coins on his website 

942
00:53:08,160 --> 00:53:11,120
for gold. 
And it's just, there's just way 

943
00:53:11,120 --> 00:53:15,120
too much hypocrisy coming out of
Peter Schiff for me, obviously 

944
00:53:15,120 --> 00:53:17,800
not to think that he understands
what is going on, especially 

945
00:53:17,800 --> 00:53:21,200
when we had the the theater art 
of him and his son kind of going

946
00:53:21,200 --> 00:53:23,440
back and forth on Twitter where 
he was pro Bitcoin. 

947
00:53:23,440 --> 00:53:25,720
He's anti Bitcoin. 
And it it was, it's 

948
00:53:25,720 --> 00:53:28,760
entertaining. 
But I'm convinced he understands

949
00:53:28,760 --> 00:53:30,720
Bitcoin. 
He probably holds some Bitcoin. 

950
00:53:31,000 --> 00:53:33,800
It's just his job to show gold. 
And yeah, like, gold's pretty. 

951
00:53:33,800 --> 00:53:35,360
I love it, but it's not my 
money. 

952
00:53:35,560 --> 00:53:37,760
It's just not going to be the 
money of the future. 

953
00:53:38,080 --> 00:53:42,040
And gold's just impractical in 
the digital world for most 

954
00:53:42,040 --> 00:53:44,280
people. 
Yes, central banks are acquiring

955
00:53:44,280 --> 00:53:47,560
as much gold as possible, but 
the real game is acquiring as 

956
00:53:47,560 --> 00:53:50,160
much Bitcoin as possible. 
And all of us young people are 

957
00:53:50,160 --> 00:53:53,400
like, hey, have fun with your 
pretty rocks, boomer like. 

958
00:53:53,840 --> 00:53:56,360
I got this. 
Digital currency called Bitcoin?

959
00:53:56,360 --> 00:54:01,160
It's better. 100% also shout out
to ZAP dot stream. 

960
00:54:01,400 --> 00:54:05,720
There's 140 of you guys watching
watching us live. 

961
00:54:05,960 --> 00:54:09,720
So shout out to you guys. 
That's that's pretty big for 

962
00:54:09,720 --> 00:54:12,400
alternative platforms for us. 
So that's pretty huge. 

963
00:54:12,520 --> 00:54:17,080
Damn, it's a shout out shout. 
Out to the 100 of you guys 

964
00:54:17,080 --> 00:54:20,000
watching us on Rumble. 
Shout out to almost 300 of you 

965
00:54:20,000 --> 00:54:24,480
guys watching us on YouTube, and
shout out to the 951 of you guys

966
00:54:24,480 --> 00:54:27,920
watching us on Twitter. 
Make sure to smash that like 

967
00:54:27,920 --> 00:54:29,600
button if you guys are enjoying 
the show. 

968
00:54:29,720 --> 00:54:34,400
I'm quite surprised with ZAP dot
stream man hitting out the gate.

969
00:54:34,400 --> 00:54:38,400
Strong Opti and I used to go 
over the moon breaking over on 

970
00:54:38,880 --> 00:54:42,320
let's on a live show. 
We would freak the F out. 

971
00:54:42,600 --> 00:54:46,360
The fact that we hit it the 
first day, Man that that that's 

972
00:54:46,360 --> 00:54:48,640
awesome. 
So shout out to all you guys. 

973
00:54:48,640 --> 00:54:50,720
Thank you so much for the 
support and thank you for 

974
00:54:50,720 --> 00:54:53,560
bearing with us because I've 
been quietly working in the 

975
00:54:53,560 --> 00:54:56,080
background trying to figure out 
all this stuff out. 

976
00:54:56,760 --> 00:54:58,720
I'm super glad that we got it 
working today. 

977
00:54:58,720 --> 00:55:02,120
And of course, we'll be back on 
Noster tomorrow as well. 

978
00:55:02,200 --> 00:55:05,920
And hopefully what we're trying 
to do essentially is being able 

979
00:55:05,920 --> 00:55:11,520
to upload the live shows 
natively on to like these 

980
00:55:11,520 --> 00:55:13,920
platforms, but it's a little bit
complicated. 

981
00:55:13,920 --> 00:55:16,560
We're figuring it out. 
Bear with us for the moment, 

982
00:55:16,560 --> 00:55:18,560
we're going to continue on ZAP 
dot stream. 

983
00:55:18,720 --> 00:55:21,680
Anyways, guys, stay tuned 
because we still got the culture

984
00:55:21,680 --> 00:55:24,000
segment coming up. 
We're going to talk to car and 

985
00:55:24,000 --> 00:55:26,440
we're going to talk about his 
baby Pleb Lab. 

986
00:55:26,600 --> 00:55:28,960
What is Pleblab? 
What are they doing over there? 

987
00:55:29,120 --> 00:55:31,080
And let's check it out. 
Here we go. 

988
00:55:44,280 --> 00:55:46,480
Alright everybody, I do want to 
give a very special shout out to

989
00:55:46,480 --> 00:55:49,120
our sponsor, the Orange pull 
app. 

990
00:55:49,120 --> 00:55:54,480
Stack friends who stack sats 
join the 12,233 bitcoiners that 

991
00:55:54,480 --> 00:55:56,560
are currently on the 
application. 

992
00:55:56,800 --> 00:56:00,120
To get started, all you got to 
do is check out the QR code on 

993
00:56:00,120 --> 00:56:04,680
your screen or check the link in
the video description or podcast

994
00:56:04,680 --> 00:56:09,840
description and join the 12,233 
Bitcoiners that are currently on

995
00:56:09,840 --> 00:56:12,200
the app. 
The Orange Pull app is your 

996
00:56:12,200 --> 00:56:14,560
number one resource for Bitcoin 
only events. 

997
00:56:14,560 --> 00:56:16,800
Also, if you're traveling, 
you're on the go. 

998
00:56:16,800 --> 00:56:18,960
Perhaps you've lived in your 
city for a while. 

999
00:56:18,960 --> 00:56:20,720
You don't know any Bitcoiners 
around you. 

1000
00:56:20,920 --> 00:56:23,240
You pull up the Orange Pull app 
and it will literally tell you 

1001
00:56:23,240 --> 00:56:27,120
geographically the Bitcoiners 
around you and it'll allow you 

1002
00:56:27,120 --> 00:56:31,040
to send them Adm directly. 
So you can build up the amount 

1003
00:56:31,040 --> 00:56:34,520
of Bitcoiners that you know 
those, you know those circular 

1004
00:56:34,520 --> 00:56:36,200
economies. 
That's what it's all about, 

1005
00:56:36,200 --> 00:56:39,480
building that Bitcoin community.
It's also one of the best ways 

1006
00:56:39,480 --> 00:56:42,200
to reach me directly. 
Don't really answer random 

1007
00:56:42,200 --> 00:56:45,520
Twitter DMS these days or 
emails, but on the Orange Pull 

1008
00:56:45,520 --> 00:56:49,360
app, I make sure to get back to 
every single one of you guys 

1009
00:56:49,360 --> 00:56:52,080
every week or so. 
The messages are piling up. 

1010
00:56:52,240 --> 00:56:55,640
So forgive me, it takes me a 
while, but I will get back to 

1011
00:56:55,640 --> 00:56:57,200
you. 
Download the Orange Pull app 

1012
00:56:57,200 --> 00:56:59,480
today. 
Scan the QR code on your screen 

1013
00:56:59,520 --> 00:57:02,040
or check the link in the video 
description. 

1014
00:57:02,240 --> 00:57:06,080
Anyways, I'm so happy that we 
got car in the house today. 

1015
00:57:06,200 --> 00:57:08,800
He was pitching us on Austin 
earlier. 

1016
00:57:09,320 --> 00:57:13,240
I'm just going to reveal a 
little bit of a, you know, a 

1017
00:57:14,280 --> 00:57:18,640
little bit of a backroom talk, 
green room, green room talk. 

1018
00:57:19,320 --> 00:57:23,840
We're currently divided a little
bit right now between Nashville 

1019
00:57:24,120 --> 00:57:26,120
and Austin. 
Let us know. 

1020
00:57:26,360 --> 00:57:28,640
I think you ought to get people 
a little more context here, 

1021
00:57:28,640 --> 00:57:30,800
Nico. 
OK, let's do it. 

1022
00:57:31,400 --> 00:57:35,120
OK. 
So guys, I guess breaking on the

1023
00:57:35,120 --> 00:57:38,560
show, we do plan on eventually. 
No, no, don't. 

1024
00:57:38,720 --> 00:57:43,240
Don't, don't say that. 
Don't give that much detail, but

1025
00:57:43,440 --> 00:57:47,160
give enough detail. 
Where should simply Bitcoin 

1026
00:57:47,160 --> 00:57:49,880
move? 
Right. 

1027
00:57:51,080 --> 00:57:56,040
Nashville or Austin? 
The Nashville or Austin and car 

1028
00:57:56,040 --> 00:57:58,360
was being really nice and now 
like I'm like, I'm in the 

1029
00:57:58,360 --> 00:58:00,360
Nashville camp. 
You know, I'm a member of 

1030
00:58:00,360 --> 00:58:03,560
Bitcoin park. 
I think I'm member 22 and car is

1031
00:58:03,560 --> 00:58:05,360
making me feel really good about
Austin now. 

1032
00:58:05,360 --> 00:58:07,520
And now I'm like, you know, 
Austin, the real estate's a 

1033
00:58:07,520 --> 00:58:10,800
little bit cheaper over there, 
but get bigger house, you know, 

1034
00:58:10,800 --> 00:58:13,960
maybe maybe go over there. 
So kind of on the fence. 

1035
00:58:14,120 --> 00:58:15,480
Let us know down in the 
comments. 

1036
00:58:15,480 --> 00:58:18,640
Actually, Opti, let's set up a 
YouTube poll right now. 

1037
00:58:18,920 --> 00:58:22,680
While we talk about that, where 
should simply Bitcoin move? 

1038
00:58:23,240 --> 00:58:27,240
We're going to set up the the 
poll on YouTube right now and on

1039
00:58:27,240 --> 00:58:30,800
Rumble and Noster and Twitter. 
Just put it in the chat and 

1040
00:58:30,800 --> 00:58:34,080
we'll see it in the chat box. 
And then I'm just I'm just 

1041
00:58:34,080 --> 00:58:35,840
curious to to hear what everyone
has to say. 

1042
00:58:35,960 --> 00:58:38,640
Everyone is saying Austin, 
Austin, Austin Nashville, 

1043
00:58:38,880 --> 00:58:41,080
Austin. 
Austin is unquestionably the 

1044
00:58:41,080 --> 00:58:44,520
Bitcoin capital of the world. 
The way that I see it is Austin 

1045
00:58:44,520 --> 00:58:47,320
is the Bitcoin energy capital of
the world. 

1046
00:58:47,600 --> 00:58:49,840
Nashville's the Bitcoin media 
capital of the world. 

1047
00:58:49,840 --> 00:58:53,920
That's the way I'm seeing it. 
I might be wrong there, but 

1048
00:58:53,920 --> 00:58:58,640
everyone's saying Nashville, 
Austin, Phil, see your comment, 

1049
00:58:58,640 --> 00:59:00,560
bro Savage. 
No, it doesn't matter. 

1050
00:59:00,560 --> 00:59:02,840
Dude. 
There, there's Bro I, I don't 

1051
00:59:02,840 --> 00:59:03,680
know. 
Green Bay, All right. 

1052
00:59:04,920 --> 00:59:06,240
All. 
Right. 

1053
00:59:06,480 --> 00:59:08,080
Anyways, anyways, what what what
what what? 

1054
00:59:08,280 --> 00:59:10,280
Do you access? 
Anyway, let's get to it. 

1055
00:59:10,280 --> 00:59:12,680
I'm going to pass it on to Opti.
Yeah, car. 

1056
00:59:12,680 --> 00:59:16,400
Let's again, for now that 
everyone's piled in, we have a 

1057
00:59:16,400 --> 00:59:18,560
bunch of people watching the 
show live. 

1058
00:59:19,280 --> 00:59:23,400
Let's rehash TLDR Elevator Pit 
to what is Pleblab, what is the 

1059
00:59:23,400 --> 00:59:25,440
goal, and then we'll talk about 
some of the cool stuff. 

1060
00:59:25,440 --> 00:59:26,480
You no, wait, wait, wait a 
second. 

1061
00:59:26,480 --> 00:59:27,800
Hold on a second. 
Is this real? 

1062
00:59:27,800 --> 00:59:30,520
There's 220 people watching. 
I have no idea. 

1063
00:59:30,520 --> 00:59:32,920
It's crazy. 
That's nuts. 

1064
00:59:33,040 --> 00:59:38,600
OK, anyway, sorry to interrupt. 
OK, alright, Carl, again, what 

1065
00:59:38,600 --> 00:59:40,800
is Pleblab? 
What are you working on down 

1066
00:59:40,800 --> 00:59:42,960
there and what's the goal? 
And then I I do have your 

1067
00:59:42,960 --> 00:59:45,200
website up here so we can talk 
about some of the projects that 

1068
00:59:45,200 --> 00:59:47,160
came out. 
But first, let's do a TLDR 

1069
00:59:47,160 --> 00:59:48,880
elevator pitch on Pleblab. 
Yeah. 

1070
00:59:48,880 --> 00:59:51,640
So we've been around since 2021.
It's interesting that you guys 

1071
00:59:51,640 --> 00:59:53,800
bring up nostril. 
We had a super test net back in 

1072
00:59:53,800 --> 00:59:56,720
the day working on some nostril 
stuff in late 21. 

1073
00:59:57,520 --> 01:00:00,640
So a lot of what you see like 
that'll be coming out in a year 

1074
01:00:00,640 --> 01:00:05,240
or two usually starts in around 
Pleblab, you know, by osmosis. 

1075
01:00:06,240 --> 01:00:08,160
We have a lot of builders right 
now in the lab. 

1076
01:00:08,560 --> 01:00:11,560
So we're at hackerspace here in 
Austin, TX here in the financial

1077
01:00:11,560 --> 01:00:14,360
district, just like 2 blocks 
away from the Bitcoin Commons. 

1078
01:00:14,840 --> 01:00:16,920
A lot of people are working on 
the the cutting edge of like 

1079
01:00:16,920 --> 01:00:18,720
Bitcoin stuff. 
So we have projects like 

1080
01:00:18,720 --> 01:00:22,240
Cascader who are working on AI, 
Bitcoin adjacent technology 

1081
01:00:22,240 --> 01:00:23,960
stuff. 
We have a jippy who's working on

1082
01:00:23,960 --> 01:00:26,360
like a new gamification type of 
Bitcoin education app. 

1083
01:00:26,800 --> 01:00:29,200
We have a pleb devs down there 
who's working on re 

1084
01:00:29,240 --> 01:00:32,840
reintroducing a way to give devs
they need the need that they 

1085
01:00:32,840 --> 01:00:35,800
need to build on Bitcoin. 
We have base 58, which is Nifty 

1086
01:00:35,800 --> 01:00:38,680
9 and she's working on all sorts
of core protocol, lightning and 

1087
01:00:38,680 --> 01:00:41,360
Bitcoin stuff. 
We have Keon Stacker news he's 

1088
01:00:41,360 --> 01:00:43,680
working on creating the next 
Reddit using Lightning. 

1089
01:00:43,960 --> 01:00:46,800
And then we have people like 
Topher and and Nick who are, are

1090
01:00:46,840 --> 01:00:49,800
just magnificent engineers in 
their own right, building on 

1091
01:00:49,800 --> 01:00:51,960
Bitcoin. 
So that's what we do here. 

1092
01:00:51,960 --> 01:00:55,720
We, we, we do our best to kind 
of shield these builders away 

1093
01:00:55,720 --> 01:00:59,520
from a lot of the Fiat stuff 
that we see in, in our, in our 

1094
01:00:59,520 --> 01:01:01,800
world. 
And, and I do my best to try to 

1095
01:01:01,840 --> 01:01:05,200
find new builders and bring them
to club labs to so that they can

1096
01:01:05,200 --> 01:01:08,720
work with them and, and really 
get their projects to success. 

1097
01:01:09,400 --> 01:01:10,240
That's. 
Love it, man. 

1098
01:01:10,560 --> 01:01:14,640
Love it. 
Yeah, I was there in hip lock. 

1099
01:01:14,640 --> 01:01:16,160
Boom. 
I think you guys threw like a 

1100
01:01:16,160 --> 01:01:18,760
after party and I showed up and 
I was like, oh this is super 

1101
01:01:18,760 --> 01:01:22,720
cool. 
But anyways, anyways, can people

1102
01:01:22,720 --> 01:01:25,760
like what's the process of 
people joining Pleblab? 

1103
01:01:25,800 --> 01:01:28,440
I know you guys have a space. 
You guys work on hackathons. 

1104
01:01:28,520 --> 01:01:31,080
Actually a lot of really great 
projects have came out of 

1105
01:01:31,080 --> 01:01:33,600
Pleblab, so that's just super 
awesome to see. 

1106
01:01:33,600 --> 01:01:35,520
But what's the process? 
Can anyone show up? 

1107
01:01:35,520 --> 01:01:37,560
Like how? 
How does someone become a part 

1108
01:01:37,560 --> 01:01:39,480
of Pleblab? 
Yeah, I mean, we could use all 

1109
01:01:39,480 --> 01:01:42,560
the support and I, I appreciate 
you, Nico and Opti for giving me

1110
01:01:42,560 --> 01:01:44,360
the opportunity to come on the 
show and talk about it 'cause 

1111
01:01:44,760 --> 01:01:46,520
it's very hard to get our name 
out there. 

1112
01:01:46,680 --> 01:01:51,160
We're, we're really hardcore 
Bitcoin ethos here at in Austin.

1113
01:01:51,160 --> 01:01:54,600
And so if you scroll to the 
bottom Opti, there's a spot down

1114
01:01:54,600 --> 01:01:56,480
there where they can join with 
the online builder pass. 

1115
01:01:56,760 --> 01:02:00,320
That $200 a month helps us a 
lot, keeps the lights on. 

1116
01:02:00,600 --> 01:02:02,360
We, we also have that other 
button right there. 

1117
01:02:02,360 --> 01:02:04,520
It's the $400.00 a month. 
That's what we charge for our 

1118
01:02:04,520 --> 01:02:06,520
desk here and you can apply 
there. 

1119
01:02:06,520 --> 01:02:09,160
We used to have it open to 
everybody, but now we kind of 

1120
01:02:09,160 --> 01:02:11,080
have like a, a vetting thing 
that kind of goes through 

1121
01:02:11,080 --> 01:02:14,800
everybody making sure that it 
all passes the smell test and 

1122
01:02:14,800 --> 01:02:16,600
stuff like that. 
But for the most part, if you 

1123
01:02:16,600 --> 01:02:19,440
just want to drop in any time, 
get that start, get that builder

1124
01:02:19,440 --> 01:02:22,280
pass, you can join our, you can 
join our chat and then you get 

1125
01:02:22,280 --> 01:02:24,880
access to the lab. 
That one's been selling pretty 

1126
01:02:24,880 --> 01:02:28,240
good this this cycle. 
So that's the one that we've 

1127
01:02:28,240 --> 01:02:30,360
been pushing. 
But yeah, that's that's pretty 

1128
01:02:30,360 --> 01:02:32,360
much the process to it. 
Let's go. 

1129
01:02:32,360 --> 01:02:34,640
Awesome bro. 
Okay, let's talk about some of 

1130
01:02:34,640 --> 01:02:36,040
these hackathons. 
You were telling me you have a 

1131
01:02:36,040 --> 01:02:40,160
few hackathons in the books and 
actually let's just talk about 

1132
01:02:40,160 --> 01:02:44,200
the ethos of an everyday 
hackathon that you guys have at 

1133
01:02:44,200 --> 01:02:46,320
Pleb Lab. 
So maybe start with the ethos 

1134
01:02:46,320 --> 01:02:49,920
and then we can talk about the 
couple events that you are about

1135
01:02:50,040 --> 01:02:53,840
to put on for different 
hackathons regarding or relating

1136
01:02:53,840 --> 01:02:56,880
to Pleb Lab. 
Yeah, so we're, we're really 

1137
01:02:56,880 --> 01:02:59,960
engrossed in the Bitcoin builder
community here at Pub Lab. 

1138
01:02:59,960 --> 01:03:02,720
So a lot of people will come 
here, whether it's like a core 

1139
01:03:02,720 --> 01:03:05,520
lightning team or you know, 
anybody that nifty neigh brings 

1140
01:03:05,520 --> 01:03:08,640
in to, you know, work on some of
this protocol stuff. 

1141
01:03:09,000 --> 01:03:11,640
We open our doors to people 
outside of that too as well, 

1142
01:03:11,640 --> 01:03:13,440
whether they're building on 
lightning and they're visiting 

1143
01:03:13,440 --> 01:03:15,640
from like Japan or from other 
countries. 

1144
01:03:15,640 --> 01:03:18,440
And we allow them to come in 
here and work on their projects.

1145
01:03:19,080 --> 01:03:23,040
And so there's always a sort of 
hacking or sort of like a hive 

1146
01:03:23,040 --> 01:03:26,680
mind effect of building going on
here in the lab and we just do 

1147
01:03:26,680 --> 01:03:29,880
our best, but just to be good 
stewards of that and encourage 

1148
01:03:29,880 --> 01:03:32,760
them and give them all the the 
things that they need, right? 

1149
01:03:32,760 --> 01:03:36,240
Like you'd be surprised, just 
like a good pat on the back or 

1150
01:03:36,240 --> 01:03:38,880
keep going. 
And you know, some Topo Chico's 

1151
01:03:38,880 --> 01:03:41,680
like goes a long way. 
It it's really is that kind of 

1152
01:03:41,680 --> 01:03:45,000
grind because a lot of what they
do in the ecosystem, it goes 

1153
01:03:45,000 --> 01:03:46,800
very thin. 
It doesn't they don't really get

1154
01:03:46,800 --> 01:03:50,240
awards or anything like that. 
There's no kind of like money 

1155
01:03:50,240 --> 01:03:51,680
doing it. 
They're really doing it for the 

1156
01:03:51,720 --> 01:03:54,840
for the Bitcoin ethos and 
they're doing it to to really 

1157
01:03:54,840 --> 01:03:56,680
decentralize the world using 
Bitcoin. 

1158
01:03:56,680 --> 01:03:58,520
And, and that's what I really 
love about the people that I 

1159
01:03:58,520 --> 01:04:01,560
work around. 
Love it man Yeah, that's that's 

1160
01:04:01,560 --> 01:04:04,160
great to hear. 
I mean, we we've been doing our 

1161
01:04:04,160 --> 01:04:06,920
best to try to get as many 
developers on the show because 

1162
01:04:07,160 --> 01:04:10,400
you guys, the devs out there, 
the ones actually building stuff

1163
01:04:10,600 --> 01:04:14,080
are the unsung heroes. 
And it doesn't have the glory of

1164
01:04:14,080 --> 01:04:18,560
maybe being, you know, a well 
paid miner or a, a talking head 

1165
01:04:18,560 --> 01:04:21,320
influencer, but you guys are the
the one actually building stuff.

1166
01:04:21,320 --> 01:04:23,520
And I'm always like, the 
builders are the ones that 

1167
01:04:23,520 --> 01:04:26,440
really matter. 
Nico and I just talk about 

1168
01:04:26,440 --> 01:04:29,000
Bitcoin stuff. 
I'm always more impressed by 

1169
01:04:29,000 --> 01:04:31,400
people building cool stuff 
because that's what we really 

1170
01:04:31,400 --> 01:04:35,280
need is people building out the 
the tools that we need to 

1171
01:04:35,280 --> 01:04:39,240
actually usher in the, the 
Bitcoin world that we want to 

1172
01:04:39,240 --> 01:04:41,160
see. 
And so kudos to you and everyone

1173
01:04:41,160 --> 01:04:42,480
else. 
But let's talk about some of 

1174
01:04:42,480 --> 01:04:44,520
these hackathons because you're 
telling me you're going to have 

1175
01:04:44,520 --> 01:04:47,360
a start up day. 
You have a hackathon coming on 

1176
01:04:47,360 --> 01:04:49,640
up soon. 
So let's talk about those 

1177
01:04:49,640 --> 01:04:50,400
details. 
Yeah. 

1178
01:04:50,400 --> 01:04:52,920
So if you scroll at the very 
top, there's a start up date 

1179
01:04:52,920 --> 01:04:55,400
button at the very top. 
We're going to be in Mexico City

1180
01:04:55,400 --> 01:04:57,400
next week. 
There'll be some new projects 

1181
01:04:57,400 --> 01:05:01,800
coming out of there, some on 
Noster, some on Bitcoin, some on

1182
01:05:01,800 --> 01:05:04,280
Lightning. 
If you scroll a little down Opti

1183
01:05:04,280 --> 01:05:07,160
there, it shows all the people 
that are coming. 

1184
01:05:07,560 --> 01:05:10,000
But yeah, we're going to have 
presentations, talks. 

1185
01:05:10,200 --> 01:05:12,680
Johnny Ochoa, who's a local chef
here in town will be there. 

1186
01:05:13,320 --> 01:05:16,440
We'll be doing some, you know, 
some a keynote from Francisco 

1187
01:05:16,440 --> 01:05:19,840
who who's doing a Bitcoin only 
exchange in Mexico and Latin 

1188
01:05:19,840 --> 01:05:21,640
America. 
So it's going to be a ton of 

1189
01:05:21,640 --> 01:05:24,040
fun. 
Highly recommend if anybody's in

1190
01:05:24,040 --> 01:05:26,480
the area or even if you're just 
like in South Texas, just take 

1191
01:05:26,480 --> 01:05:27,960
the two hour flight and get down
there. 

1192
01:05:28,600 --> 01:05:31,240
This is going to be the first 
time there there ever is like 

1193
01:05:31,240 --> 01:05:35,160
this big Bitcoin builder event 
in in Mexico. 

1194
01:05:35,160 --> 01:05:38,480
So this is big for them. 
Not not too many Bitcoiners ever

1195
01:05:38,480 --> 01:05:41,480
come down there, but we're 
hoping that we can just start a 

1196
01:05:41,480 --> 01:05:43,560
trend. 
That's dope bro. 

1197
01:05:43,720 --> 01:05:45,400
Yeah. 
And then we have we have tab 

1198
01:05:45,400 --> 01:05:47,240
comp. 
So tab comp is happening in 

1199
01:05:47,240 --> 01:05:51,760
Atlanta in October. 
We're we'll be doing a hackathon

1200
01:05:51,760 --> 01:05:53,080
there with our friends at 
Zebedee. 

1201
01:05:53,840 --> 01:05:56,880
So Andre and Santos and crew 
will be, you know, have some 

1202
01:05:56,880 --> 01:05:59,440
prizes there and people will be 
able to build and hack and and 

1203
01:05:59,440 --> 01:06:02,320
do all those sorts of things. 
But the other thing I wanted to 

1204
01:06:02,320 --> 01:06:04,480
bring up was the pleb TV stuff. 
I don't know if we can talk 

1205
01:06:04,480 --> 01:06:06,000
about that. 
Yeah, yeah, I got it here. 

1206
01:06:06,000 --> 01:06:09,040
I'll pull it up right here. 
So this one, we're still in 

1207
01:06:09,040 --> 01:06:12,200
beta, like it's still early. 
So we're we're we're doing this 

1208
01:06:12,200 --> 01:06:14,960
kind of you kind of have to sign
up because we're still testing a

1209
01:06:14,960 --> 01:06:17,480
lot of things. 
But what I will say about this 

1210
01:06:17,480 --> 01:06:22,840
is we're trying to figure out a 
way to decentralize the kind of 

1211
01:06:22,840 --> 01:06:26,120
video situation that we find 
ourselves in as, as creators. 

1212
01:06:26,480 --> 01:06:30,720
So I know you guys have received
a sort of a block or removal 

1213
01:06:30,720 --> 01:06:33,960
from YouTube from time to time. 
And we're trying to get around 

1214
01:06:33,960 --> 01:06:35,240
that. 
I, I think they're, they were 

1215
01:06:35,240 --> 01:06:37,440
coming into this kind of place 
where everything's centralizing 

1216
01:06:37,440 --> 01:06:39,480
and they're locking the gates 
behind us. 

1217
01:06:39,800 --> 01:06:43,080
And so with the with the advent 
of like AI and some of these 

1218
01:06:43,080 --> 01:06:46,720
other centralized entities that 
they kind of grow and spawn from

1219
01:06:46,720 --> 01:06:49,240
this, I think what we're gonna 
start seeing is a little bit 

1220
01:06:49,240 --> 01:06:53,000
more of a gatekeeping and a 
little bit more of a censorship.

1221
01:06:53,440 --> 01:06:56,160
And that's just why like 
protocols like Nasser are so 

1222
01:06:56,160 --> 01:06:59,920
important and Bitcoin is because
with these two independent 

1223
01:06:59,920 --> 01:07:04,080
tools, we'll be able to, you 
know, directly incentivize 

1224
01:07:04,480 --> 01:07:08,480
content creators to come to our,
to our side, basically the, the,

1225
01:07:08,480 --> 01:07:10,200
the, the, the right side of 
history. 

1226
01:07:10,560 --> 01:07:14,240
And so right now pub TV still is
early days, but our hope to get 

1227
01:07:14,240 --> 01:07:17,480
to, to do is to get it to a 
point to where the average 

1228
01:07:17,720 --> 01:07:22,200
person who's, you know, 
uploading to Rumble or X or, or 

1229
01:07:22,200 --> 01:07:26,120
Twitter or whatever, or YouTube 
will automatically get a pub TV 

1230
01:07:26,120 --> 01:07:27,600
account. 
And then from there, they'll be 

1231
01:07:27,600 --> 01:07:30,040
able to earn Bitcoin doing it. 
So we want to make it as 

1232
01:07:30,040 --> 01:07:32,880
frictionless as possible. 
It's a really high bar, but we 

1233
01:07:32,880 --> 01:07:34,440
think that we can get there over
time. 

1234
01:07:34,440 --> 01:07:37,040
And, and right now we're kind of
closely building towards that. 

1235
01:07:37,040 --> 01:07:39,520
Right now we have a, we have 
like 258 titles on there and 

1236
01:07:39,520 --> 01:07:41,480
stuff like that. 
And we're testing on the, on the

1237
01:07:41,520 --> 01:07:44,600
Prism side where you can send 
splits amongst people. 

1238
01:07:44,600 --> 01:07:45,960
So we're still testing all that 
stuff. 

1239
01:07:45,960 --> 01:07:47,760
And then hopefully early next 
year, we'll be able to 

1240
01:07:47,760 --> 01:07:52,760
decentralize a lot of that video
onto onto alternative server 

1241
01:07:52,760 --> 01:07:54,640
servers, you know, all over the 
world. 

1242
01:07:55,640 --> 01:07:57,280
That's tight. 
That's awesome. 

1243
01:07:57,280 --> 01:07:59,040
And and I think that's 
incredibly important. 

1244
01:07:59,040 --> 01:08:01,880
We just went through our first 
kind of deplatforming thing, 

1245
01:08:02,200 --> 01:08:07,200
which I think was inevitable. 
So it just like that was a very 

1246
01:08:07,200 --> 01:08:12,080
big wake up call to me 
personally as someone who runs a

1247
01:08:12,120 --> 01:08:15,440
Bitcoin media company, because I
was like, holy shit. 

1248
01:08:15,760 --> 01:08:22,600
And I, I remember I called in so
many favours that that week I 

1249
01:08:22,600 --> 01:08:25,680
went crazy on Twitter. 
We got published in Forbes, Zero

1250
01:08:25,680 --> 01:08:29,080
Hedge. 
I made so many calls and at one 

1251
01:08:29,080 --> 01:08:33,960
point I even I tagged Jack on, 
on Noster. 

1252
01:08:33,960 --> 01:08:35,560
I said, Jack, do you know anyone
on YouTube? 

1253
01:08:35,560 --> 01:08:37,880
Could you help out? 
And he just, he was just 

1254
01:08:37,880 --> 01:08:40,520
probably like, no. 
And then what I didn't realize 

1255
01:08:40,520 --> 01:08:43,319
is that he no, no, he was like, 
he was like nice about it. 

1256
01:08:43,319 --> 01:08:47,200
He's like, no, I said, whatever.
But what I didn't realize is 

1257
01:08:47,200 --> 01:08:53,240
that he just had a talk with 
Odell in in Riga at like a 

1258
01:08:53,240 --> 01:08:58,160
Noster conference talking about 
the importance of protocols over

1259
01:08:58,200 --> 01:09:01,319
social media. 
And I'm asking for help for a 

1260
01:09:01,319 --> 01:09:04,800
centralized platform. 
And I'm like, and I'm like, OK, 

1261
01:09:04,800 --> 01:09:07,560
that was a wake up call. 
So then I started going down the

1262
01:09:07,560 --> 01:09:10,640
rabbit hole and I and I do want 
to give credit where credit is 

1263
01:09:10,640 --> 01:09:12,920
due. 
So a shout out to lightning 

1264
01:09:12,920 --> 01:09:15,359
goats. 
I'm sorry if I pronounced this 

1265
01:09:15,359 --> 01:09:21,359
incorrectly. 
Keyron Darth Coin for really 

1266
01:09:21,359 --> 01:09:24,520
helping me, Walter America for 
helping me as well. 

1267
01:09:24,760 --> 01:09:31,160
And the CEO of Primal as well. 
I am a butcher that how do you 

1268
01:09:31,160 --> 01:09:33,520
pronounce his name? 
You know what I'm talking about,

1269
01:09:33,520 --> 01:09:34,840
car. 
Yeah, his. 

1270
01:09:34,840 --> 01:09:36,200
I forget his name. 
It's so weird. 

1271
01:09:38,000 --> 01:09:40,560
Mahjan Mahjan, shout out to him 
as well. 

1272
01:09:40,720 --> 01:09:44,439
He helped out tremendously. 
So I make media guys. 

1273
01:09:44,439 --> 01:09:47,479
I'm not a tech guy, but I was 
able to figure it out. 

1274
01:09:47,479 --> 01:09:51,720
It reminds me of the first days 
of me getting into Bitcoin and 

1275
01:09:51,720 --> 01:09:54,560
learning about self custody and 
going down like that rabbit hole

1276
01:09:54,560 --> 01:09:57,280
because I understand things on a
conceptual basis very well. 

1277
01:09:57,880 --> 01:10:00,680
On technical levels, I don't, 
but you really just need to 

1278
01:10:00,680 --> 01:10:04,440
understand things conceptually 
and just going down the nostril 

1279
01:10:04,440 --> 01:10:08,360
rabbit hole reminds me of the 
first days of me going down the 

1280
01:10:08,360 --> 01:10:10,600
Bitcoin rabbit hole. 
Like there is so much 

1281
01:10:10,600 --> 01:10:13,600
opportunity here and what you 
guys are building over at pleb 

1282
01:10:13,600 --> 01:10:16,680
lab, pleb TV, further the 
centralization. 

1283
01:10:16,680 --> 01:10:20,160
I think it's this is so 
important, like this is so 

1284
01:10:20,160 --> 01:10:24,320
important because what I was 
talking about earlier, the 

1285
01:10:24,320 --> 01:10:27,880
moment in history that we're in 
right now, where we're like in 

1286
01:10:27,880 --> 01:10:31,360
the thick of the 
disintermediation of information

1287
01:10:31,360 --> 01:10:34,400
in the state, right? 
And you see them fighting back 

1288
01:10:34,400 --> 01:10:37,080
like Rumble getting banned in 
Brazil, Rumble getting banned in

1289
01:10:37,080 --> 01:10:41,000
France, the CEO fleeing the 
fleeing Europe, the Telegram CEO

1290
01:10:41,000 --> 01:10:45,280
getting arrested, RFK junior 
giving historic speech, simply 

1291
01:10:45,280 --> 01:10:48,120
Bitcoin being the platform. 
Like, I love that we, we have 

1292
01:10:48,120 --> 01:10:51,160
some type of, you know, we're 
small compared to all these 

1293
01:10:51,160 --> 01:10:54,000
entities and people, but you 
know, I'm, I'm glad that like 

1294
01:10:54,000 --> 01:10:57,440
in, in the historical context, 
we're somewhat in there and. 

1295
01:10:57,680 --> 01:11:05,160
Distributive information, Nico. 
And it's it's so so it's it's 

1296
01:11:05,160 --> 01:11:07,880
like, you know, it's it's just 
crazy seeing all this. 

1297
01:11:07,880 --> 01:11:13,800
And I can't believe this guy's 
221 that we topped out at 221 

1298
01:11:13,800 --> 01:11:17,760
live viewers on ZAP dot stream 
the first day that we streamed 

1299
01:11:18,040 --> 01:11:21,280
to Noster via ZAP dot stream 
like incredible. 

1300
01:11:21,280 --> 01:11:24,200
Blows my mind. 
So shout out to all the 

1301
01:11:24,200 --> 01:11:28,560
alternative platforms, Noster 
ZAP dot stream, Rumble X. 

1302
01:11:29,120 --> 01:11:33,320
Of course, we love YouTube, but 
you know, there's things on 

1303
01:11:33,320 --> 01:11:36,400
YouTube that that are not 
exactly YouTube friendly. 

1304
01:11:36,520 --> 01:11:41,080
We respect that it's a platform.
They can make the rules, but and

1305
01:11:41,080 --> 01:11:42,800
we're grateful for them for 
having us. 

1306
01:11:42,800 --> 01:11:46,200
But but yeah, these alternative 
platforms, man, alternative 

1307
01:11:46,200 --> 01:11:50,080
platforms and protocols. 
I am I'm very optimistic about 

1308
01:11:50,080 --> 01:11:52,720
so we don't have to put all our 
eggs in one basket. 

1309
01:11:52,840 --> 01:11:56,920
And you know, this is something 
like pleb TVI don't understand. 

1310
01:11:57,360 --> 01:11:59,840
I don't understand how it works 
exactly Carr, but is this 

1311
01:11:59,840 --> 01:12:04,360
something that we could post 
simply Bitcoin videos to or? 

1312
01:12:04,440 --> 01:12:07,880
ITMP stream. 
Yeah, forgive me for my 

1313
01:12:07,880 --> 01:12:10,640
ignorance or stupid questions. 
Like I said, I'm a media guy, 

1314
01:12:10,640 --> 01:12:12,600
not a tech guy. 
No, no, no. 

1315
01:12:12,600 --> 01:12:16,720
I think what you said earlier 
about about the information, I 

1316
01:12:16,720 --> 01:12:19,280
think that's the that's the part
that they want to stop you from 

1317
01:12:19,400 --> 01:12:22,240
from sharing Nico. 
So you're doing the Lords work 

1318
01:12:22,240 --> 01:12:23,600
there. 
So just keep doing that. 

1319
01:12:23,600 --> 01:12:25,760
But I think for the builder 
side, we need to make it easier 

1320
01:12:25,760 --> 01:12:28,760
for you, the content creator to 
not have to think about this 

1321
01:12:28,760 --> 01:12:30,560
stuff, right? 
Like when it comes to lightning,

1322
01:12:30,560 --> 01:12:32,280
like you don't have to think 
about a lot of the things when 

1323
01:12:32,280 --> 01:12:34,160
you're using lightning, you just
send a payment. 

1324
01:12:34,160 --> 01:12:36,280
Same thing with Bitcoin. 
So on our side, we need to get 

1325
01:12:36,280 --> 01:12:39,280
better at reducing that 
friction, those pain points. 

1326
01:12:39,280 --> 01:12:41,040
And I think like you said 
earlier, you got into the 

1327
01:12:41,040 --> 01:12:42,560
nostril thing and you found ZAP 
dot Stream. 

1328
01:12:42,560 --> 01:12:45,000
I think ZAP dot stream is the 
best platform to start with 

1329
01:12:45,000 --> 01:12:47,240
right now. 
I think over time we'll we'll 

1330
01:12:47,240 --> 01:12:49,800
start unlocking some of the 
gates on our stuff because it's 

1331
01:12:49,800 --> 01:12:51,400
still early. 
We were just trying to do a lot 

1332
01:12:51,400 --> 01:12:54,040
of test stuff, but over time 
what will happen is you'll be 

1333
01:12:54,040 --> 01:12:57,160
able to post just to YouTube and
it'll automatically go to club 

1334
01:12:57,160 --> 01:12:59,440
TV and you'll be earning zaps 
here and you won't have to 

1335
01:12:59,440 --> 01:13:01,480
change anything. 
And that's where we really need 

1336
01:13:01,480 --> 01:13:02,960
to get it to. 
It's going to take a lot of 

1337
01:13:02,960 --> 01:13:05,320
time, but yeah, we have a lot of
people focused on trying to get 

1338
01:13:05,320 --> 01:13:08,080
that across the goal line, 
hopefully before the end of next

1339
01:13:08,080 --> 01:13:10,200
year. 
Yeah, I'm, I'm incredibly 

1340
01:13:10,200 --> 01:13:12,440
excited, man. 
It's it's really awesome what 

1341
01:13:12,440 --> 01:13:15,240
you're building. 
And and you did mention like how

1342
01:13:15,240 --> 01:13:17,360
can people support what you guys
are doing? 

1343
01:13:17,560 --> 01:13:19,640
How could people support Club 
Line? 

1344
01:13:20,520 --> 01:13:22,720
Yeah, I think just getting a 
builder pass supports us. 

1345
01:13:22,760 --> 01:13:27,880
I mean, we can get, we can get 
like 100 of those that'll keep 

1346
01:13:27,880 --> 01:13:30,320
the lights on indefinitely. 
But yeah, I think just 

1347
01:13:30,320 --> 01:13:33,800
supporting the lab anyway, can 
$0.20 goes a long way, $0.21 

1348
01:13:34,120 --> 01:13:36,760
right now. 
We just ordered some more food 

1349
01:13:36,760 --> 01:13:38,480
for the lab. 
So that's like 100 bucks. 

1350
01:13:38,840 --> 01:13:40,840
Like the, the little small 
things help. 

1351
01:13:40,840 --> 01:13:43,800
I mean, cause a lot of what we 
do here is just very grassroots 

1352
01:13:43,800 --> 01:13:45,440
and everybody's working for 
free. 

1353
01:13:45,800 --> 01:13:47,400
As you know, in Bitcoin. 
There's just a lot of 

1354
01:13:47,400 --> 01:13:50,360
volunteers. 
So we're doing our best to to 

1355
01:13:50,360 --> 01:13:53,000
take care of the builders and 
then kind of hold that line, you

1356
01:13:53,000 --> 01:13:55,840
know, so that way they can build
in privacy and, and keep 

1357
01:13:55,840 --> 01:13:58,640
building the the, the tools that
we need for a lot of us to 

1358
01:13:58,640 --> 01:14:02,600
survive this next few years. 
Man, it's going to be tough, 

1359
01:14:03,480 --> 01:14:05,280
yeah. 
It, it, it is going to be tough.

1360
01:14:05,280 --> 01:14:09,560
I, I think you see them fighting
so bad, so, so hard on the 

1361
01:14:09,560 --> 01:14:15,120
information stuff. 
The I am like what I'm seeing 

1362
01:14:15,120 --> 01:14:19,040
with the with the money. 
Like if you're seeing them fight

1363
01:14:19,040 --> 01:14:23,400
this hard on information like 
wait till we like wait till the 

1364
01:14:23,400 --> 01:14:25,120
money thing starts to be 
threatened. 

1365
01:14:25,120 --> 01:14:28,960
Like you saw that like Kenzian 
state economist, he's like 

1366
01:14:28,960 --> 01:14:30,800
freaking out. 
He's like, it's so important. 

1367
01:14:30,800 --> 01:14:33,560
Like, no, it's impossible. 
We get to decide what the fuck 

1368
01:14:33,560 --> 01:14:35,960
money is. 
Like you saw him freaking out. 

1369
01:14:36,800 --> 01:14:38,680
But like bitcoins are forcing 
function. 

1370
01:14:38,800 --> 01:14:46,280
You can't like the your return 
on violence does not work when 

1371
01:14:46,280 --> 01:14:49,520
something is decentralized. 
And most importantly, I think 

1372
01:14:49,520 --> 01:14:52,040
that people, I'm going to say a 
couple things that are 

1373
01:14:52,040 --> 01:14:56,600
controversial #1 Bitcoin is an 
idea, OK? 

1374
01:14:56,920 --> 01:15:01,000
It's an idea. 
It's an idea that we can have a,

1375
01:15:01,200 --> 01:15:05,480
a non state money that can 
function and it's actually 

1376
01:15:05,480 --> 01:15:10,280
better than state money, OK? 
I refuse to go back to that 

1377
01:15:10,280 --> 01:15:13,640
previous system. 
There's a lot more people like 

1378
01:15:13,640 --> 01:15:17,080
me and are on, and the amount of
people that think like me 

1379
01:15:17,280 --> 01:15:19,240
continues to grow by the day, 
right? 

1380
01:15:19,400 --> 01:15:22,160
That's number one. 
Number two, and this is going to

1381
01:15:22,160 --> 01:15:24,120
be very controversial, but I'm 
sticking to it. 

1382
01:15:24,960 --> 01:15:27,760
Bitcoin is the most powerful 
political movement the world has

1383
01:15:27,760 --> 01:15:31,880
ever seen since the introduction
of Marxism in the mid 19th 

1384
01:15:31,880 --> 01:15:33,720
century. 
I'm sticking to it. 

1385
01:15:34,080 --> 01:15:37,440
I'm doubling down on it. 
And the reason for that is 

1386
01:15:37,840 --> 01:15:41,080
inherently the separation of 
money and state is political. 

1387
01:15:41,640 --> 01:15:45,120
And when people think about 
politics, what they're 

1388
01:15:45,120 --> 01:15:50,200
referencing in their minds is, 
you know, the voting and left 

1389
01:15:50,200 --> 01:15:52,160
versus right and all that stuff.
And this. 

1390
01:15:52,400 --> 01:15:56,360
No, no, no, this is a step above
that because it doesn't require 

1391
01:15:56,360 --> 01:15:59,800
voting in the traditional sense.
It requires voting with your 

1392
01:15:59,800 --> 01:16:03,400
wallet. 
And if a significant, if a big 

1393
01:16:03,400 --> 01:16:07,640
enough percentage of the 
population opts out of state 

1394
01:16:07,640 --> 01:16:12,800
money, you're going to 
effectuate change the likes of 

1395
01:16:12,800 --> 01:16:15,000
which the world has never seen 
before. 

1396
01:16:15,360 --> 01:16:21,080
And I think it's going to bring 
an era of human prosperity and 

1397
01:16:21,080 --> 01:16:25,520
freedom we have never seen in 
world history because the state 

1398
01:16:25,520 --> 01:16:29,040
has always had some type of 
control, right? 

1399
01:16:29,320 --> 01:16:32,720
So anyways, I want to, I, I kind
of want to just say those 

1400
01:16:32,720 --> 01:16:34,720
things, whether you guys believe
it or not. 

1401
01:16:34,720 --> 01:16:35,960
Let us know down in the 
comments. 

1402
01:16:36,120 --> 01:16:38,480
I want before we wrap it up, I 
want to see what the results of 

1403
01:16:38,480 --> 01:16:39,480
the poll are. 
Opti. 

1404
01:16:39,520 --> 01:16:42,680
Wait, wait, wait, wait, let's 
let's give car last last two. 

1405
01:16:42,680 --> 01:16:45,160
No, no, we're we're gonna we're 
gonna give four last two stats. 

1406
01:16:45,160 --> 01:16:48,520
I just want. 
To OK, so over here on YouTube, 

1407
01:16:48,640 --> 01:16:55,640
we have a statistically relevant
poll of 71 votes and 51% says 

1408
01:16:55,640 --> 01:17:00,160
Nashville, 49% says Austin. 
So Jesus, it's pretty close. 

1409
01:17:00,280 --> 01:17:04,040
It's pretty close. 
Wow, that is very close dude. 

1410
01:17:04,080 --> 01:17:07,960
Holy cow. 
Okay anyways guys we are getting

1411
01:17:07,960 --> 01:17:11,480
to the top of the hour. 
I do want to give the man of the

1412
01:17:11,480 --> 01:17:15,440
hour car, the founder of Pleb 
Labs, the last words car. 

1413
01:17:15,440 --> 01:17:17,480
What are your thoughts? 
I think you should come to 

1414
01:17:17,480 --> 01:17:21,480
Austin. 
We have a circular by KNC 

1415
01:17:21,480 --> 01:17:23,280
cattle. 
We have we have now we have 

1416
01:17:23,280 --> 01:17:25,120
dairy, so you can get dairy 
delivered. 

1417
01:17:25,480 --> 01:17:28,000
We have builders around here. 
So if you need anything built, 

1418
01:17:28,280 --> 01:17:33,200
Technical Support, we got that. 
We have places around town that 

1419
01:17:33,200 --> 01:17:35,200
you can buy groceries with stuff
like that. 

1420
01:17:35,200 --> 01:17:39,760
We also have meetups all over 
the place happening all over S 

1421
01:17:39,800 --> 01:17:42,840
San Antonio and in Round Rock. 
So yeah, you should come to 

1422
01:17:42,840 --> 01:17:44,280
Texas. 
And plus, we're we're a freedom 

1423
01:17:44,280 --> 01:17:47,480
state. 
And plus Ben, the car man's in 

1424
01:17:47,480 --> 01:17:50,800
Austin, so of course, I'm 
leaning towards Austin. 

1425
01:17:52,000 --> 01:17:59,120
Dude, I am, I am this is this 
blows my mic. 221 live viewers 

1426
01:17:59,440 --> 01:18:05,440
top viewers all time high on ZAP
dot stream incredible rumble 

1427
01:18:05,600 --> 01:18:09,600
topped out like 120. 
YouTube topped out roughly 300. 

1428
01:18:09,800 --> 01:18:12,800
Then of course, X topped out 
maybe like close to 1000. 

1429
01:18:13,000 --> 01:18:16,200
But this is this is we're going 
to keep doing this guys. 

1430
01:18:16,200 --> 01:18:19,160
But yes, Austin or Nashville 
car. 

1431
01:18:19,160 --> 01:18:22,960
I man, I'm I'm so I'm so 
divided. 

1432
01:18:22,960 --> 01:18:25,600
I'm so conflicted. 
We we haven't made a decision, 

1433
01:18:26,600 --> 01:18:28,960
we're going to talk about it, 
but I appreciate the warm invite

1434
01:18:28,960 --> 01:18:31,760
and we're definitely going to 
stop by the club lab while we're

1435
01:18:31,760 --> 01:18:34,880
there and perhaps maybe do a, a 
live show from there. 

1436
01:18:34,880 --> 01:18:36,720
Yeah, dude, absolutely. 
I would. 

1437
01:18:36,720 --> 01:18:38,280
I would say also we have Marty 
here. 

1438
01:18:38,280 --> 01:18:42,000
So if you go to Nashville, 
you'll just have Odell and this 

1439
01:18:42,000 --> 01:18:44,880
way you have Marty and Parker 
and everybody over here in 

1440
01:18:44,880 --> 01:18:47,560
Austin. 
Yeah, I think you should come to

1441
01:18:47,560 --> 01:18:49,120
Austin. 
Appreciate it. 

1442
01:18:49,240 --> 01:18:52,080
Well dude, thank you so much for
coming on the show today guys. 

1443
01:18:52,160 --> 01:18:55,560
Go check out our guests. 
We have car in the house. 

1444
01:18:55,560 --> 01:18:59,320
Go check out his website, pleb 
lab dot DF. 

1445
01:18:59,880 --> 01:19:02,760
I'm your host Nico's my Co host 
Optimus Fields. 

1446
01:19:02,840 --> 01:19:05,120
We're simply Bitcoin live. 
This was your episode for 

1447
01:19:05,120 --> 01:19:08,400
September 10th, 2024. 
If you guys enjoyed the show, 

1448
01:19:08,480 --> 01:19:09,680
make sure to smash the like 
button. 

1449
01:19:09,840 --> 01:19:12,240
Consider subscribing or 
following us, and we'll see you 

1450
01:19:12,240 --> 01:19:15,360
tomorrow for a brand new episode
of simply Bitcoin live and 

1451
01:19:15,360 --> 01:19:19,080
tonight Opie and I are going to 
be reacting to the debate on 

1452
01:19:19,080 --> 01:19:23,040
Rumble X and ZAP dot stream 
baby, we'll be back. 

1453
01:19:23,040 --> 01:19:29,120
All right, everybody take care. 
You buy bitcoinwell.com, a 

1454
01:19:29,120 --> 01:19:32,240
Bitcoin only platform, on a 
mission to enable financial 

1455
01:19:32,240 --> 01:19:33,080
independence.
