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Hello everybody. 
Welcome to another episode of 

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Simply Bitcoin IRL. 
Today, I have a very special 

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guest, really been looking 
forward to this, as a fellow 

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content. 
Creator parties Marty's a 

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legend, Man. 
Marty, started. 

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It all big inspiration to me, to
me personally. 

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So very humbled to have him on 
the show today. 

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But before we jump in, I want to
give a quick shout-out to the 

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company that powers the show. 
Shoutout to Swan Bitcoin best 

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place to stack SATs built by 
bitcoiners. 

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For bitcoiners incentivised 
dollar cost averaging and self 

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custody. 
What are you waiting for? 

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Visit Swan Bitcoin.com today. 
It was I want to bring Marty 

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onstage. 
Marty happy to have you, man. 

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The kind words? 
Yeah, I think you were, you 

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know, you were one of the, one 
of the basically Pioneers really

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because really, before the 2017 
2018, 18 era, Bitcoin content 

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was extremely, spares on the 
interwebs. 

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Yeah, we have to give a shout 
out to Vortex, Jimmy song and 

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others who held down. 
Who held down the fort at the 

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Bitcoin show? 
Everyone their network is called

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that. 
Yeah, that was the only, at 

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least, to show that that I wash 
the most every Sunday. 

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It's Bitcoin, do show and yeah, 
it was We are getting into the 

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content game of the beginning 
Bitcoin Focus but it's a lot of 

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fun at the last five from the 
six years that I've been doing 

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now. 
So a lot of things have changed 

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for. 
Sure. 

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At least specifically during the
last bull market. 

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It's almost as if a lot of it 
got professionalized, you know, 

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the increase in production 
quality, that's for sure. 

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So what was that? 
Like, you know, because I feel 

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like in the beginning it was a 
lot like morgue. 

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Guns. 
Oh it's just like, you know 

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let's just spin it up and talk 
about Bitcoin. 

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Let's see where this 
conversation leads us. 

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Now you have these Productions, 
all the bells, and whistles, and

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all that stuff. 
So how is that like from your 

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perspective? 
From my perspective, I feel like

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we're still lagging behind the 
higher-end Production shows but 

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no it's been great to see. 
I've always been Advocate the 

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more content the better, the 
more people out there producing 

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content around Bitcoin, 
educating people about the coin,

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the better each individual has a
different way of coming to an 

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understanding, a bit Coy and 
relating to different producing 

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content, producers with 
different ways of expressing 

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ideas. 
And so I think overall, it's 

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been incredible to watch and 
extremely happy that's 

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happening. 
And it shows that there are a 

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lot of people dedicated to 
making sure that the rest of the

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world understands Bitcoin. 
And yeah, I've been better 

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production, which is better for 
everybody at the end of the day.

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Absolutely. 
So, one of the things I've 

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noticed already, you know, 
specifically as time progressed 

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right. 
And I think that all Bitcoin 

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content creators like they kind 
of start in this is going to be 

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a zombie attack. 
Podcast and be about Bitcoin and

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then slowly but surely you 
slowly start to seep into Elite 

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before. 
You know it you start to talk 

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about more macro World issues 
because you understand or at 

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least maybe I'm talking about 
myself personally where you 

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realize how much of a difference
Bitcoin is going to make to the 

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world and not talking about 
greater issues other than 

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Bitcoin kind of finds you in a 
space and then you develop as a 

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content creator, right? 
Initially it was like knows 

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we're here to talk about Bitcoin
and then you're like and then 

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you start talking about all the 
things that Fiat money has 

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broken and it in of itself. 
And there's just so many topics 

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to talk about and then, you 
know, before, you know, it 

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you're talking to, you know, 
other people that completely, 

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perhaps, they're not even 
involved in Bitcoin yet, but 

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you're looking at them just 
like, you know what you're 

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talking about Bitcoin. 
Fixes that. 

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So, you know, perhaps I'm 
talking about my own experience 

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as a content, creator. 
But have you seen that as well? 

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Do you have you seen yourself 
branching out into other subject

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matters that perhaps aren't 
necessarily really Bitcoin 

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Centric or Bitcoin related? 
Yes. 

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Certainly I mean so I have a in 
economics background and work at

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a hedge fund for a couple of 
years out of college. 

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I was always enamored with this 
macro economics and talking 

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about those topics. 
So we started incorporating as 

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early on because obviously, good
coin, as a potential new surpr 

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of the reserve currency of the 
world, sort of fits into that 

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macro picture but More and more 
throughout the years, it's 

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combination of recognizing that 
these things are tangentially 

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related to bitcoin. 
And just being as an individual 

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running the scratch in a church 
curiosity. 

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But energy has been a big topic 
on the show for many years and 

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that started after I jumped down
the bonding Rabbit Hole. 

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Working at Great American 
binding and started to become 

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more familiar with the energy 
sector and help it coin was 

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getting integrated into it and 
How it has its own Fiat 

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problems, particularly with 
subsidies. 

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And this weird ESG narrative 
kind of popped up over the last 

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five years and then obviously 
we've done a lot of content with

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ranchers and farmers and Texas 
swing at the the beef initiative

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to highlight that sort of the 
parallel economy that is very 

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similar. 
R. 

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To Bitcoin in the sentence 
Grassroots and it is a stronger 

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system that that's sufficiently 
distributed geographically. 

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Then either? 
Personal pitch that I've been 

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scratching is more taboo topics,
like be having Whitney went on 

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to talk about everything, going 
on behind the scenes with 

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intelligence agencies and/or, 
economic for these demons that 

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exist out there. 
And then as covid, lockdowns and

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the vaccine rollout happened, 
Once again, individually curious

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about exploring those topics in 
a way in which the mainstream 

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media and refused to, and so, I 
decided to bring people on to 

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talk about those topics as well 
because nobody in the mainstream

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is talking about it. 
So, yeah. 

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TFT see, the interview Series 
has evolved over the years. 

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I like to think we always had 
like a half, technical half 

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macro view on bitcoin. to start 
but as a codon remaining whole 

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Rabbit Hole, energy came or 
became more of a prominent topic

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on the show and the The Marty 
Jones and they just felt 

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compelled to dive into the more 
taboo topics as well. 

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It's interesting. 
Because so you call yourself 

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Marty Jones, my audience calls 
me, Nico, Jones. 

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We, we, we definitely get into 
those topics a lot. 

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The way we have different 
vocabulary for them. 

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My producer who's in the back 
right now? 

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No, he calls them, the the 
high-level parasites. 

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I called them the Demons. 
That's my personal favorite. 

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But yeah, I mean, how could you 
not cover those topics 

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specifically? 
Because like the way that I view

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this Marty is like this really 
is kind of like a peaceful 

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Revolution and you're looking at
this, you know, what the world 

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economic Forum really is? 
Like, if you have the Bitcoin 

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conference, the world economic 
forum is like the container 

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Conference of, you know, this 
party of all where all the 

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central planners hang out and 
they try to you No Central plan 

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to put it very, very gently and 
nicely. 

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How could you not talk about 
those topics? 

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And then I think the importance 
of the rise of Citizen 

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journalism where individuals 
like you and I the internet has 

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empowered us and has given us 
the ability to communicate 

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directly to an audience. 
With in also gives us the 

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ability to circumvent the leg. 
Gatekeepers of information right

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away that, you know, traditional
media companies that are 

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supposed to be doing the job 
that just individuals have just 

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been been doing for them. 
And I think it's just because 

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they've just been bought by 
special interests. 

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How could you not talk about 
those topics? 

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Because if not us, then who 
write it, if there is no one 

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that's willing to, at least 
provide a counter narrative to 

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all the BS that they're spouting
about El Salvador and, you know,

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you mentioned The pandemic and 
all the things that YouTube 

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doesn't like we talked about who
else is going to talk about 

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that, right? 
So in essence, in a way, I feel 

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like it is it is, it is a 
responsibility for ethical 

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content creators to bring up 
those topics. 

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Talk about those topics because 
other than maybe Tucker, right? 

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They're not really brought up 
like, it's never. 

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It's not talked about often. 
It's almost like it's, you know,

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swept under the rug. 
And I don't know if You feel 

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about this way Marty, but a lot 
of things that have happened in 

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the last two years, man. 
They're serious crimes against 

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humanity, dude. 
Like there was a lot of evil, 

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there was a lot of wrongdoing 
that has happened. 

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That I think that these people 
are just pretending and hoping 

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that this just goes away. 
So yeah, I don't know what your 

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take is on that. 
I completely agree. 

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I think it's ludicrous that were
not allowed to openly talk about

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this stuff without fear of 
Retribution from YouTube, 

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specifically, Twitter's got 
there. 

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But YouTube, I'm currently still
in YouTube time out from the 

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last strike I got for talking 
about the vaccine and the 

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adverse effects that it has 
caused many people. 

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But yeah, in terms of like sort 
of in the hole, Like citizen 

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journalism thing. 
I don't view myself as a citizen

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journalist. 
Like, I've always, I mean, some 

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people will say that when I 
approach like the FTC and the 

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newsletter specifically, yeah. 
Maybe Rabbit Hole recap, it's a 

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weekly new show where we try to 
like, Journal everything that 

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went on, but it comes to like 
the bent cftc. 

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I see it as more like a 
cathartic release, just to get 

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the crazy thoughts, in my mind 
on the paper and then out to the

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world not necessarily to Maybe 
there is a point of trying to 

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educate people about this stuff 
but more importantly to me, I 

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viewed as a way to delay, let 
other people know. 

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Like, you're not the only one 
thinking this stuff like there 

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are others like us out there and
then just because again, I'm not

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a journalist, I'm not doing 
in-depth research or actually 

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going out and hitting the 
streets. 

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To like Whitney web is for 
example. 

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But I do have my thoughts and 
feelings about what's happening 

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in the world. 
I do think there is a silent 

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majority. 
That feels the same way and just

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for some reason or another 
doesn't feel comfortable 

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expressing those feelings. 
I do my platform as a way to let

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those people know that. 
Hey it you're not the only one. 

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That's ridiculous way. 
Yeah, I'm Mean, and that's 

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really the beauty of it. 
Right? 

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Is that, you know, I think I 
think individual is hate labels,

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right? 
You know. 

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That's kind of the, you know, 
because you want to perceive 

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yourself as you know, whatever 
it is, you know, whatever it is 

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that, you know, you prefer, but 
you can't deny Marty that you 

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are covering things and maybe 
not at it because I don't have a

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journalistic background. 
I don't think. 

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Do you have a German? 
Do you have a formal? 

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Like background either. 
Okay, well, but we still I think

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the internet has empowered us 
and has given us the ability to 

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at least talk about it in in an 
open honest or at least we 

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believe we perceive it that way.
And I mean you could make the 

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argument that Joe Rogan is a 
podcaster, he's not a 

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journalist, but is he providing 
more journalism than the the 

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Corporate media institutions, 
right? 

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So that's, that's a deep rabbit 
hole. 

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But I guess what I'm trying to 
say is maybe the old perception 

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of what a journalism when a 
journalist should be. 

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Like I think that, you know, 
heading into this new age, the 

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information age, whatever you 
want to call it. 

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I think I think it's really 
anybody with a camera and a 

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microphone that's just willing 
to air out their thoughts. 

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Yeah. 
Yeah, it's like the etymology of

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Journalism. 
What are you doing your 

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journaling? 
And I've literally journal on my

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website. 
Everyday, maybe I am a 

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journalist. 
But yeah, I think it's important

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and important Trend. 
And as we saw throughout covid 

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with the big Tech platforms, 
like, Twitter Before He'll on 

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took over Facebook YouTube. 
Whatever it may be. 

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They did not like individuals, 
like yourself. 

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You may put in as ideas out 
there. 

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And so, I think, even though 
we're doing this today and we 

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have been doing it for a while, 
like there are concerted efforts

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00:14:41,800 --> 00:14:48,500
to Curb what we're doing. 
And so that's why at TC were 

230
00:14:48,500 --> 00:14:54,500
trying to inoculate ourselves 
from that future attack by using

231
00:14:55,100 --> 00:14:59,700
more songs and software Stacks. 
Like goes to be TCP server to 

232
00:14:59,700 --> 00:15:04,700
serve our content and monetize 
it, which were hoping a package 

233
00:15:04,700 --> 00:15:09,400
up and get out there to other 
individuals like ourselves, who 

234
00:15:09,400 --> 00:15:13,600
are, or putting out this type of
work. 

235
00:15:14,300 --> 00:15:17,400
In a world that seems to be 
getting increasingly censorious.

236
00:15:19,400 --> 00:15:22,100
100%. 
Do you think they'll let us 

237
00:15:22,100 --> 00:15:29,700
broadcast in the gulags? 
No, they were not to get armies 

238
00:15:29,700 --> 00:15:34,300
of pigeons is speakin cell phone
so that we can tweet and live 

239
00:15:34,300 --> 00:15:37,600
stream to the world, man. 
I'm bullish on those on those. 

240
00:15:37,600 --> 00:15:41,300
Marty bent on those bent, bro. 
A transmitted via pigeon 

241
00:15:41,300 --> 00:15:45,400
messenger. 
Those will be there will be some

242
00:15:45,400 --> 00:15:46,800
good ones. 
Never gets that we're not going 

243
00:15:46,800 --> 00:15:48,200
to go to the new legs and we're 
going to win. 

244
00:15:48,700 --> 00:15:52,000
Yeah, we're gonna win. 
Of course, I agree eyes. 

245
00:15:52,800 --> 00:15:58,500
You guys are not coming back so 
one of the jokes that I make 

246
00:15:58,500 --> 00:16:02,600
with Opti all the time is, you 
know, and Marty I'm a first 

247
00:16:02,600 --> 00:16:08,800
generation American. 
I originally, I came from my 

248
00:16:08,800 --> 00:16:11,800
parents came better said and I 
grew up it was very privileged 

249
00:16:11,800 --> 00:16:16,600
enough to to grow up in the 
States and Miami specifically, I

250
00:16:16,600 --> 00:16:22,200
came from Venezuela and I saw 
what the outcome of this to put 

251
00:16:22,200 --> 00:16:27,300
it nicely in gently of this 
collectivist mindset of wear, 

252
00:16:27,300 --> 00:16:32,200
it, you know, where that leads, 
and where I see the states 

253
00:16:32,200 --> 00:16:35,700
heading. 
Is in that direction. 

254
00:16:37,000 --> 00:16:41,200
The hope that I have is really 
Bitcoin, right. 

255
00:16:41,200 --> 00:16:44,600
Bitcoin is where I'm like, okay,
you know, what? 

256
00:16:44,600 --> 00:16:47,000
If if we don't have Bitcoin 
would be screwed, right? 

257
00:16:47,000 --> 00:16:49,300
Because this is just going to 
continue to, you know, head down

258
00:16:49,300 --> 00:16:54,700
this direction. 
But I think that the adoption of

259
00:16:54,700 --> 00:16:59,300
Bitcoin, I'm more bullish of it 
because, you know, it's Game 

260
00:16:59,300 --> 00:17:01,300
Theory. 
I think it's going to be more 

261
00:17:01,300 --> 00:17:05,700
embraced by individual states. 
I think the federal government 

262
00:17:05,700 --> 00:17:09,300
is really, what is? 
I don't think they're going to 

263
00:17:09,308 --> 00:17:11,900
react. 
So kindly to it that is I don't 

264
00:17:11,900 --> 00:17:15,500
think they have been. 
So what are your thoughts on 

265
00:17:15,500 --> 00:17:17,500
that? 
And I know that, you know your 

266
00:17:17,500 --> 00:17:22,200
home base is in Texas. 
What do you see on the Texas 

267
00:17:22,200 --> 00:17:25,800
level on the state level? 
How do you see them reacting to 

268
00:17:25,800 --> 00:17:28,099
bitcoin? 
Is it ever a possibility? 

269
00:17:28,099 --> 00:17:30,600
You know, I always say I'm like,
look as soon as one state puts 

270
00:17:30,600 --> 00:17:32,600
Bitcoin on its balance sheet, it
is game over. 

271
00:17:32,600 --> 00:17:36,700
It's done, done and dusted. 
And it is that a possibility? 

272
00:17:37,500 --> 00:17:42,700
How are Texas? 
Policymakers or Regulators or 

273
00:17:43,000 --> 00:17:46,200
hate using the word politicians.
How are they seeing that? 

274
00:17:46,200 --> 00:17:48,300
Is that something that you're 
involved in? 

275
00:17:48,600 --> 00:17:51,300
Or are you kind of, like, the 
mindset of like, you know, this 

276
00:17:51,300 --> 00:17:53,900
system is just so broken, Beyond
repair. 

277
00:17:54,400 --> 00:17:58,000
This is about really focusing on
the individual and really 

278
00:17:58,000 --> 00:18:02,900
getting the individual to, to 
open their eyes, to bitcoin and 

279
00:18:02,900 --> 00:18:08,200
more of a Grassroots type of 
inception, you know, strategy 

280
00:18:08,200 --> 00:18:13,200
versus a, you know, We have to 
try to convince the politicians.

281
00:18:13,400 --> 00:18:17,700
What are your thoughts on that? 
I think it's dual fast and I 

282
00:18:17,708 --> 00:18:21,000
think it definitely starts with 
the individual at the Grassroots

283
00:18:21,000 --> 00:18:27,700
movement, but then it moves up 
to that political level and I 

284
00:18:27,700 --> 00:18:35,200
think as bitcoiners we should 
ardently like convince our local

285
00:18:35,300 --> 00:18:38,700
government officials, whether it
be the County city state level 

286
00:18:39,400 --> 00:18:43,000
to embrace Bitcoin, I do think 
in Texas that certainly 

287
00:18:43,000 --> 00:18:45,300
happening. 
Obviously there's been a big 

288
00:18:45,300 --> 00:18:49,200
boom in the I'm going to show 
you down here in Texas and so 

289
00:18:49,200 --> 00:18:52,300
far so good. 
I would argue there's a lot of 

290
00:18:52,300 --> 00:18:57,500
concentration, hash rate and a 
few Mega Minds, which isn't 

291
00:18:57,600 --> 00:19:00,500
ideal. 
But I think overall the 

292
00:19:00,500 --> 00:19:03,500
reception of Bitcoin mining and 
Texas has been good. 

293
00:19:04,200 --> 00:19:08,700
And then in terms of other 
policy initiatives in Texas, I'm

294
00:19:08,700 --> 00:19:11,200
not involved directly with all 
them or any of them. 

295
00:19:12,100 --> 00:19:16,900
But I do think there has been a 
lot of material positive 

296
00:19:16,900 --> 00:19:20,900
progress to convince politicians
for the be at the state level, 

297
00:19:21,500 --> 00:19:26,200
or represent our Senators like, 
Ted Cruz at the federal level 

298
00:19:27,300 --> 00:19:31,600
that that have been sold on 
bitcoin that that should bode. 

299
00:19:31,600 --> 00:19:37,300
Well, protectionism in Texas, 
historical e, has put Texas 

300
00:19:37,300 --> 00:19:40,600
first above the federal 
government. 

301
00:19:40,600 --> 00:19:44,000
When I think when it comes to 
bitcoin, it'll be similar. 

302
00:19:44,000 --> 00:19:49,000
And I think the trend, Positive 
trend that's been emerging over 

303
00:19:49,000 --> 00:19:51,500
the last few years since the 
code that lockdowns you have 

304
00:19:51,500 --> 00:19:54,200
Texas Florida. 
Other states asserting their 

305
00:19:54,200 --> 00:19:56,000
autonomy against the federal 
government. 

306
00:19:56,000 --> 00:20:01,100
So we're not be surprisingly, 
it's but if you see a state like

307
00:20:01,100 --> 00:20:05,400
Texas or Florida openly flaunt 
Federal Regulations against 

308
00:20:05,400 --> 00:20:07,800
Bitcoin if they do materialize 
in the future. 

309
00:20:07,800 --> 00:20:11,400
So, yeah, I think going back to 
your question. 

310
00:20:12,800 --> 00:20:17,700
I don't think we need To 
convince politicians do tickets 

311
00:20:18,700 --> 00:20:23,100
a positive outcome. 
If we do, but convincing 

312
00:20:23,100 --> 00:20:27,100
politicians begins with 
convincing enough individuals to

313
00:20:27,100 --> 00:20:29,800
make the argument to, to those 
politicians. 

314
00:20:29,800 --> 00:20:33,900
So, yeah, it starts at the 
Grassroots level with the visual

315
00:20:34,600 --> 00:20:38,900
bitcoiners sort of gathering 
together wherever they may be 

316
00:20:39,100 --> 00:20:42,700
putting together a plan or a 
pitch to The politicians, it 

317
00:20:42,700 --> 00:20:47,400
should I pay look, At all the 
mining Industries, helping her 

318
00:20:47,400 --> 00:20:50,600
tax revenue, new, certain 
counting say we could all the 

319
00:20:50,600 --> 00:20:59,800
companies coming to your state 
because of the tax, the tax 

320
00:20:59,800 --> 00:21:02,100
environment here, they're 
starting companies Bitcoin 

321
00:21:02,100 --> 00:21:06,600
companies because you're a state
that is treating well you should

322
00:21:06,600 --> 00:21:11,400
continue sure you tomorrow. 
So yeah, I think that trend is 

323
00:21:11,700 --> 00:21:14,000
going in the right direction 
here in Texas so I think it will

324
00:21:14,000 --> 00:21:17,800
continue Got married Direction, 
but he's going to stay vigilant.

325
00:21:18,500 --> 00:21:21,900
Don't depend on the state, think
it's an added benefit if you can

326
00:21:21,900 --> 00:21:25,900
convince them, but it's never 
wrong. 

327
00:21:25,900 --> 00:21:28,700
Conclusion. 
So always go individual. 

328
00:21:28,700 --> 00:21:34,400
First, you gotta convince as 
many people as possible to put 

329
00:21:34,400 --> 00:21:37,100
big win on the personal balance,
sheets and use it in their 

330
00:21:37,100 --> 00:21:39,500
businesses and their everyday 
lives. 

331
00:21:39,500 --> 00:21:43,600
And then the politicians hands 
will be forced at some point. 

332
00:21:43,600 --> 00:21:45,400
That's you. 
It a critical mass? 

333
00:21:46,600 --> 00:21:50,800
Yeah 100%. 
So what do you think about? 

334
00:21:50,800 --> 00:21:55,500
And the reason I'm asking you 
this is I think what I've seen 

335
00:21:55,500 --> 00:21:59,400
from bitcoiners is oh they're 
just they just don't know 

336
00:21:59,400 --> 00:22:02,600
enough, you know, they're not 
educated on the subject matter, 

337
00:22:03,200 --> 00:22:05,900
you know, us at simply believe 
that it is nefarious. 

338
00:22:05,900 --> 00:22:09,600
It is on purpose where you have 
politicians that are openly 

339
00:22:09,600 --> 00:22:13,600
hostile towards Bitcoin. 
You had the infamous bill that 

340
00:22:13,600 --> 00:22:16,200
was introduced by Senator 
Elizabeth Warren and she tried 

341
00:22:16,200 --> 00:22:18,800
to make it, you know, bipartisan
getting a Republican. 

342
00:22:18,800 --> 00:22:24,000
Senator Senator Marshall to 
basically Force just absolutely 

343
00:22:24,000 --> 00:22:25,800
absurd. 
And I think it's unenforceable, 

344
00:22:25,800 --> 00:22:28,900
but at least, I think what they 
were trying to do is slightly 

345
00:22:28,900 --> 00:22:33,400
move the Overton window, number 
one, and number two, I think in 

346
00:22:33,400 --> 00:22:39,100
the unintended consequence of 
introducing that bill, they 

347
00:22:39,100 --> 00:22:41,900
really showed their cards, they 
really showed how they felt 

348
00:22:41,900 --> 00:22:45,700
about that. 
And Basically the bill would for

349
00:22:45,700 --> 00:22:48,100
software developers in the 
United States to register with 

350
00:22:48,100 --> 00:22:52,100
the government if they wanted to
write code for Bitcoin, which is

351
00:22:52,100 --> 00:22:53,900
absolutely absurd. 
And of course, they took 

352
00:22:53,900 --> 00:23:01,200
advantage of the ft x SBF. 
Blow up to justify the 

353
00:23:01,200 --> 00:23:03,300
introduction of that type of 
bill. 

354
00:23:03,300 --> 00:23:08,100
So, the question that I have for
you Marty is, do you believe it 

355
00:23:08,100 --> 00:23:09,800
was nefarious? 
Do you believe that they knew 

356
00:23:09,800 --> 00:23:13,500
exactly what they were doing? 
Or do you come from the school 

357
00:23:13,500 --> 00:23:16,200
of thought? 
Where they just, you know, these

358
00:23:16,200 --> 00:23:18,800
are just old, you know, 
Senators, they just don't know 

359
00:23:18,800 --> 00:23:21,900
any better. 
What are your thoughts on that? 

360
00:23:23,500 --> 00:23:24,200
All right. 
Thank you. 

361
00:23:25,700 --> 00:23:31,000
Senator Warren definitely know 
that if passed this bill would 

362
00:23:31,100 --> 00:23:35,400
significantly curb adoption of 
Bitcoin development around the 

363
00:23:35,400 --> 00:23:39,900
equator did have nefarious 
Intentions by presenting it. 

364
00:23:40,200 --> 00:23:42,400
She is not like Bitcoin she 
wants to kill big going. 

365
00:23:42,400 --> 00:23:46,100
But with that being said, I 
mean, if you look at her history

366
00:23:46,100 --> 00:23:49,600
of proposing bills, this seems 
to be a par for the course for 

367
00:23:49,600 --> 00:23:52,600
her. 
It seems more of an 

368
00:23:52,600 --> 00:23:56,300
attention-grabbing. 
Action than anything. 

369
00:23:56,800 --> 00:24:02,300
She has done this many times in 
the past with other bills. 

370
00:24:02,300 --> 00:24:05,900
Not directly related to bitcoin 
but she likes to make a Big 

371
00:24:05,900 --> 00:24:12,600
Splash in the news and draw up a
bunch of fervor to get 

372
00:24:12,600 --> 00:24:15,400
attention. 
But if you look at her history 

373
00:24:15,400 --> 00:24:18,300
of actually getting these bills 
passed, I think it's like water.

374
00:24:19,500 --> 00:24:22,500
300 and something like 97 or 
something like that. 

375
00:24:22,500 --> 00:24:25,600
So I'm not worried about the 
bill actually getting passed, 

376
00:24:25,600 --> 00:24:31,300
but, yeah, it does definitely 
Lift the veil of her true 

377
00:24:31,300 --> 00:24:34,500
intentions, which is just 
thought that Bitcoin because she

378
00:24:34,500 --> 00:24:38,700
is just a, this, that heart that
wants to control everything. 

379
00:24:38,700 --> 00:24:42,100
She can obviously nobody 
controlled their client. 

380
00:24:42,100 --> 00:24:44,100
So, of course, she didn't want 
to stop that. 

381
00:24:45,700 --> 00:24:49,300
So let's talk about, you know, 
worst-case scenarios. 

382
00:24:49,300 --> 00:24:52,400
And I think both of us, you 
could, you could make the 

383
00:24:52,400 --> 00:24:58,300
argument that we've our career 
decisions are tied with with the

384
00:24:58,300 --> 00:25:03,100
industry. 
Would you believe in? 

385
00:25:03,100 --> 00:25:06,000
Do you ever foresee a? 
And you know what? 

386
00:25:06,000 --> 00:25:09,700
And I spoke to Matthew Pines 
about I've spoke to Matthew pies

387
00:25:09,700 --> 00:25:11,500
about this. 
Jason, Brett, David Zale. 

388
00:25:11,500 --> 00:25:13,000
And I always ask the same 
question. 

389
00:25:13,000 --> 00:25:15,000
Do you think I'm asking you the 
same? 

390
00:25:15,100 --> 00:25:18,800
Russian. 
Marty, do you think that a 6/10 

391
00:25:18,800 --> 00:25:24,300
to order would ever be something
that would happen in the United 

392
00:25:24,300 --> 00:25:27,900
States? 
Specifically if because like 

393
00:25:27,900 --> 00:25:31,800
look the reality is is that the 
US federal government gets a 

394
00:25:31,808 --> 00:25:36,100
tremendous amount of power from 
weaponizing the dollar, right? 

395
00:25:36,100 --> 00:25:40,400
And through via US sanctions 
policy Office of foreign assets 

396
00:25:40,400 --> 00:25:45,400
control etc, etc and Bitcoin 
specifically. 

397
00:25:45,400 --> 00:25:49,300
If it's widely adopted by 
countries that are open or, you 

398
00:25:49,300 --> 00:25:52,700
know, the US government better 
said, or is considers hostile to

399
00:25:52,700 --> 00:25:55,300
the United States. 
It would be a way for them to 

400
00:25:55,300 --> 00:26:00,000
circumvent that us sanctions 
policy in a very effective way. 

401
00:26:00,500 --> 00:26:03,600
Do you think it would? 
We would ever reach a point 

402
00:26:03,600 --> 00:26:06,800
where the US federal government 
would do something? 

403
00:26:06,800 --> 00:26:11,900
So radical as to you. 
Outright ban, the possession of 

404
00:26:11,900 --> 00:26:17,400
Bitcoin by American citizens 
like a 6/10 to order you think 

405
00:26:17,400 --> 00:26:20,000
that's that would ever be a 
possibility in the US. 

406
00:26:21,400 --> 00:26:25,600
Sure, done it before. 
Why wouldn't they do it again? 

407
00:26:25,600 --> 00:26:30,100
But if they do. 
I mean I've tweeted this out and

408
00:26:30,100 --> 00:26:33,300
talked about this a lot like and
I get my Bitcoin. 

409
00:26:33,300 --> 00:26:34,800
I'm not going to stop using 
Bitcoin. 

410
00:26:34,800 --> 00:26:38,600
I think there's Tens of 
thousands hundred thousands. 

411
00:26:38,600 --> 00:26:43,700
Potentially millions of other 
people who think the same way. 

412
00:26:44,600 --> 00:26:48,300
This is when we need good 
old-fashioned, Civil 

413
00:26:48,300 --> 00:26:53,400
Disobedience to come back and 
hopefully they're enough 

414
00:26:53,400 --> 00:26:57,100
individuals who have Bitcoin but
they actually control. 

415
00:26:57,200 --> 00:27:00,400
They possess the private keys 
and you can openly flaunting 

416
00:27:00,400 --> 00:27:03,200
your sending Bitcoin back and 
forth to yourself and there's 

417
00:27:03,200 --> 00:27:07,400
nothing that they can do to stop
it and then on top, Top of that.

418
00:27:07,400 --> 00:27:10,400
Like I, yes, they can certainly 
try and will not surprise me if 

419
00:27:10,400 --> 00:27:13,800
they did try. 
But I think we live in a day and

420
00:27:13,800 --> 00:27:19,300
age in a particular point in 
time where the marginal return 

421
00:27:19,300 --> 00:27:24,400
on these on these tyrannical 
actions by the federal 

422
00:27:24,400 --> 00:27:27,500
government is significantly 
being reduced. 

423
00:27:28,400 --> 00:27:33,900
I think you who we are 
witnessing a epic collapse in 

424
00:27:33,900 --> 00:27:36,700
confidence and the institutions,
particularly the Federal 

425
00:27:36,800 --> 00:27:40,100
Government and the alphabet soup
of agencies that sit Below in. 

426
00:27:40,200 --> 00:27:47,000
And so I think with the 
lockdowns the vaccine roll out, 

427
00:27:47,100 --> 00:27:51,000
the Twitter files exposing that,
the FBI is essentially 

428
00:27:51,000 --> 00:27:55,700
controlling speech on the social
media platforms. 

429
00:27:56,500 --> 00:27:59,700
Look at energy policy. 
Look at monetary policy. 

430
00:27:59,700 --> 00:28:02,000
Everything that's happening with
inflation. 

431
00:28:02,400 --> 00:28:05,500
I think it's becoming they're 
really obvious obviously you had

432
00:28:07,100 --> 00:28:10,600
The ten to twenty percent of 
people who are pure status or 

433
00:28:10,600 --> 00:28:13,600
just need authority to tell them
what is truth and what is and 

434
00:28:13,600 --> 00:28:14,800
we're never going to be 
convinced. 

435
00:28:14,800 --> 00:28:17,700
But I think the silent majority 
people are pretty. 

436
00:28:17,700 --> 00:28:21,500
Sufficiently pissed off that if 
push came to shove, and the 

437
00:28:21,508 --> 00:28:24,200
Government tried to do this, say
fuck you. 

438
00:28:24,400 --> 00:28:29,200
This is a step too far. 
You've already fucked with the 

439
00:28:29,200 --> 00:28:31,800
money in my bank account, you 
completely debased. 

440
00:28:33,000 --> 00:28:34,500
I'm not going to let you mess 
with this. 

441
00:28:35,400 --> 00:28:37,700
I'm hopeful. 
I think I'm an idiot, people 

442
00:28:37,700 --> 00:28:43,000
think I'm crazy for believing 
this, but I do think that if 

443
00:28:43,700 --> 00:28:47,400
that did come and there was a 
good concerted effort to 

444
00:28:47,800 --> 00:28:51,800
convince people that Civil 
Disobedience was the most 

445
00:28:51,800 --> 00:28:58,200
effective way to to basically 
quash that act to stop Bitcoin 

446
00:28:58,200 --> 00:29:01,300
for Liberation United States 
that we could be successful. 

447
00:29:01,300 --> 00:29:04,700
Again, I bring us up every once 
in a while people. 

448
00:29:04,700 --> 00:29:10,500
Think I'm crazy but maybe I just
have more hope and the American 

449
00:29:10,500 --> 00:29:14,600
Spirit that is a bit dormant but
it's still there and in the 

450
00:29:14,600 --> 00:29:19,800
bellies of a lot of people. 
Well, I'm really glad that, you 

451
00:29:19,800 --> 00:29:23,100
know, at least we'll be in the 
gulag together. 

452
00:29:23,100 --> 00:29:25,000
Marty. 
So I'm really looking forward to

453
00:29:25,000 --> 00:29:36,000
that. 
No. 

454
00:29:36,000 --> 00:29:41,600
But I feel the same way and what
a crazy crazy time. 

455
00:29:41,700 --> 00:29:44,800
Do you believe in the in the 
fourth turning Theory, or do you

456
00:29:44,800 --> 00:29:46,400
believe that we are in a fourth 
turning? 

457
00:29:47,700 --> 00:29:50,500
Yeah. 
I mean whether or not it's the 

458
00:29:50,500 --> 00:29:56,200
fourth turning as described in 
the book because it Neil Howe by

459
00:29:56,200 --> 00:30:00,000
Neil. 
Who knows whether the Cycles are

460
00:30:00,100 --> 00:30:04,300
exactly as described in his 
book, but I think it's 

461
00:30:04,300 --> 00:30:09,400
undeniable so recognize that 
mean, you know, I mean, I'm a 

462
00:30:09,400 --> 00:30:12,800
millennial is born in 91. 
We're born at this inflection 

463
00:30:12,800 --> 00:30:15,300
point in human history. 
And with the dawn of the 

464
00:30:15,500 --> 00:30:18,400
internet age, digital age, the 
Nation age, whatever you want to

465
00:30:18,408 --> 00:30:25,700
call it quits. forcing these 
changes on the world that humans

466
00:30:25,700 --> 00:30:30,000
have never Don't risk, 
particularly the pace of change.

467
00:30:30,700 --> 00:30:34,000
And so with that change you're 
definitely going to be a power 

468
00:30:34,000 --> 00:30:38,500
struggle as the incumbent 
system, tries to hold onto the 

469
00:30:38,500 --> 00:30:41,200
power structures that existed 
before the information age. 

470
00:30:41,200 --> 00:30:46,900
And yeah, definitely think we 
are living through this period 

471
00:30:46,900 --> 00:30:52,100
of massive change. 
Its combination, technology 

472
00:30:53,800 --> 00:30:57,200
demographics, generationally 
messing up the money. 

473
00:30:57,400 --> 00:31:01,700
It's like a perfect storm, going
back to the previous table. 

474
00:31:01,700 --> 00:31:05,300
That's why I think the 
conditions are sort of ripe for 

475
00:31:06,000 --> 00:31:09,800
this environment of Civil 
Disobedience where people like 

476
00:31:09,800 --> 00:31:14,700
our age are going to stand up 
and say that like you 80, 80 

477
00:31:14,700 --> 00:31:17,500
year-old geriatrics are going to
tell us what to do with our 

478
00:31:17,500 --> 00:31:19,400
future. 
You guys are two feet away from 

479
00:31:19,400 --> 00:31:23,100
the grave can ask. 
Give us control and stop fucking

480
00:31:23,100 --> 00:31:25,800
up our lives. 
Yeah, 100%. 

481
00:31:25,800 --> 00:31:30,500
And It's interesting because 
the, the militant Necessities, 

482
00:31:30,500 --> 00:31:33,000
you know, I always say 
bitcoiners slavery. 

483
00:31:34,300 --> 00:31:39,200
The, I think that, we, I think 
inherently, we know, deep down 

484
00:31:39,200 --> 00:31:43,100
inside, like, man, like this is,
what's the future ahead of us? 

485
00:31:43,100 --> 00:31:47,800
Write the future. 
You know what they propose is a 

486
00:31:47,800 --> 00:31:52,400
life of CBD. 
Sees you won't own a gas stove. 

487
00:31:53,600 --> 00:31:57,200
Eat fake meat, do what you're 
told or will shut your bank. 

488
00:31:57,200 --> 00:32:01,700
Count and the other alternative 
and I think people are asleep to

489
00:32:01,700 --> 00:32:03,100
that. 
Like people don't really 

490
00:32:03,100 --> 00:32:06,100
understand that those are really
the only two Alternatives in the

491
00:32:06,100 --> 00:32:09,500
future, right? 
Because that's the direction 

492
00:32:09,500 --> 00:32:13,100
that Fiat money and state money 
is going like they are hell-bent

493
00:32:13,100 --> 00:32:17,100
on implementing these. 
See bdcs, I don't think they'll 

494
00:32:17,100 --> 00:32:20,000
be able to implement them 
without coercion without some 

495
00:32:20,000 --> 00:32:22,100
type of force, that I don't 
think they'll ever be able to 

496
00:32:22,100 --> 00:32:26,800
match Bitcoins incentives. 
But that's exactly, you know, 

497
00:32:26,800 --> 00:32:28,600
the reality. 
The route that we're going 

498
00:32:28,600 --> 00:32:33,300
through, a why is it that, you 
know, the average, the average 

499
00:32:33,300 --> 00:32:38,000
everyday person in a way, 
they're still asleep, right? 

500
00:32:38,000 --> 00:32:41,300
It's really the bitcoiners and 
we're kind of look like we kind 

501
00:32:41,300 --> 00:32:43,200
of, to be honest. 
Like we kind of look like 

502
00:32:43,200 --> 00:32:46,400
maniacs, dude. 
Like we're like look bitcoiners 

503
00:32:46,400 --> 00:32:48,200
slavery. 
This is what's going on. 

504
00:32:48,200 --> 00:32:52,100
And in a way, sometimes I feel 
like we're in an echo chamber, 

505
00:32:52,200 --> 00:32:53,700
right? 
It's like things have to 

506
00:32:53,700 --> 00:32:55,700
continuously break for people 
too. 

507
00:32:56,500 --> 00:32:59,900
Really wake up to the fact. 
I think it obviously helps you 

508
00:32:59,900 --> 00:33:02,700
know the kind of the collapsing 
confidence and all these 

509
00:33:02,700 --> 00:33:05,500
government institutions that 
people you know trusted for 

510
00:33:05,500 --> 00:33:08,800
decades include you could add 
media institutions into that 

511
00:33:08,800 --> 00:33:13,500
mix, right? 
So I guess the question that I 

512
00:33:13,500 --> 00:33:17,800
have for you is what are your 
thoughts on cbc's and why are 

513
00:33:17,800 --> 00:33:20,800
normies still so asleep? 
Man? 

514
00:33:20,800 --> 00:33:26,200
What's going on with that? 
Well, I think Norman's answer. 

515
00:33:26,200 --> 00:33:28,600
It's a question first. 
I think normies are still 

516
00:33:30,000 --> 00:33:33,600
Asleep, I think they're waking 
up, but I still there. 

517
00:33:33,600 --> 00:33:38,900
Still mostly asleep because 
their lives haven't been 

518
00:33:39,000 --> 00:33:42,500
disrupted, an opioid even. 
But I think going back to like, 

519
00:33:42,500 --> 00:33:44,600
people are waking up. 
I think block towns or big 

520
00:33:44,600 --> 00:33:47,500
disruption, people's lives. 
That will go. 

521
00:33:47,500 --> 00:33:52,000
A lot of people up to the fact 
that these governments are very 

522
00:33:52,000 --> 00:33:57,700
orwellian and do not make the 
best decisions at every given 

523
00:33:57,700 --> 00:34:01,600
point in time. 
We need people, react to stress,

524
00:34:02,600 --> 00:34:05,100
lockdowns, her a lot of stress 
works and people up. 

525
00:34:05,500 --> 00:34:09,300
You can pound that with the 
inflation that is ensued from 

526
00:34:09,900 --> 00:34:12,800
the opening up of the economy. 
The effects of all the money 

527
00:34:12,800 --> 00:34:16,100
program that went down during 
lockdowns and that's beginning 

528
00:34:16,100 --> 00:34:18,900
to materially affect people 
began to wake up, like, how the 

529
00:34:18,900 --> 00:34:20,699
hell? 
It's a car in a bag? 

530
00:34:20,699 --> 00:34:23,500
$10. 
People begin to question, how 

531
00:34:23,500 --> 00:34:27,100
come I can't get baby formula? 
As reliably as I used to? 

532
00:34:27,100 --> 00:34:29,300
Like, where? 
Where is this? 

533
00:34:29,400 --> 00:34:35,699
Or Is this gone wrong? 
What was the first part of the 

534
00:34:35,699 --> 00:34:38,800
question again? 
I completely forgot. 

535
00:34:38,800 --> 00:34:46,400
Oh, what are your thoughts on 
cbc's cvtc's the CDC? 

536
00:34:46,400 --> 00:34:50,300
I mean, yeah, China's 
implemented them to some success

537
00:34:50,300 --> 00:34:53,600
in some provinces. 
I just think from a technical 

538
00:34:53,600 --> 00:34:58,900
perspective literally like 
writing the code You can argue, 

539
00:34:58,900 --> 00:35:01,800
we already live in a CDC world 
like if the government wanted 

540
00:35:01,800 --> 00:35:05,800
to, we could just go to our 
digital bank accounts and do 

541
00:35:05,800 --> 00:35:08,000
what they want. 
They seats funds and freeze bank

542
00:35:08,000 --> 00:35:11,000
accounts all the time. 
It's just adding a few more 

543
00:35:11,000 --> 00:35:14,600
features to that. 
I think the CDC in the US is 

544
00:35:14,600 --> 00:35:17,500
unlikely. 
The FED many officials have come

545
00:35:17,500 --> 00:35:20,900
out and said that they don't 
even recommend the CDC doesn't 

546
00:35:20,900 --> 00:35:25,500
work and I think that's because 
they work on behalf of the big 

547
00:35:25,500 --> 00:35:27,300
commercial Banks here in the 
United States. 

548
00:35:27,500 --> 00:35:32,900
The CBC is ever implemented and 
enforced on the populace. 

549
00:35:32,900 --> 00:35:37,100
The commercial banking system 
gets cut out of that equation. 

550
00:35:37,100 --> 00:35:42,700
So I actually think you have an 
incentive or happening where I'm

551
00:35:42,700 --> 00:35:46,600
not a big fan of the big Banks 
here in the United States but 

552
00:35:46,700 --> 00:35:51,000
had think they'll actually be a 
huge hurdle to CDC Ever Getting 

553
00:35:51,000 --> 00:35:54,300
implemented because they get cut
out of the equation. 

554
00:35:54,300 --> 00:35:57,300
All of their profits, and 
Revenue. 

555
00:35:58,000 --> 00:36:01,700
Go away almost immediately CBC 
ever materialized and so I think

556
00:36:01,700 --> 00:36:06,700
we're actually we've got to evil
forces that will fight each 

557
00:36:06,700 --> 00:36:09,100
other to the death. 
Over this at the benefit of 

558
00:36:09,100 --> 00:36:12,800
bitcoiners will just be able to 
be like a bong meme where the 

559
00:36:12,808 --> 00:36:18,400
commercial Banks and those 
trying to force the CDC on 

560
00:36:18,500 --> 00:36:20,700
Americans will be fighting each 
other, and we'll just be 

561
00:36:20,700 --> 00:36:25,200
building Bitcoin. 
Slowly in the background and 

562
00:36:25,200 --> 00:36:29,200
people continue to adopt it. 
Yeah, cdc's extremely. 

563
00:36:30,700 --> 00:36:35,800
Scary Prospect definitely will 
not live in a world of cvtc's. 

564
00:36:35,800 --> 00:36:41,100
I will not use the CDC but I 
don't think it's likely here in 

565
00:36:41,100 --> 00:36:45,500
the United States, could be 
wrong, but I think greed will 

566
00:36:45,500 --> 00:36:48,500
get in the way of that great on 
behalf of the central part of 

567
00:36:48,508 --> 00:36:52,400
the commercial Banks. 
Yeah, so it's kind of like the 

568
00:36:52,400 --> 00:36:55,500
enemy of your enemy is your 
friend type of things actress 

569
00:36:55,800 --> 00:37:00,200
situation. 
Yeah, so, you know, one of the 

570
00:37:00,200 --> 00:37:04,200
things Means at least it's 
frustrating right where the 

571
00:37:04,200 --> 00:37:07,900
reality is that right now very 
few merchants accept Bitcoin. 

572
00:37:08,500 --> 00:37:13,200
There's also the you know the 
tax implications specifically 

573
00:37:13,200 --> 00:37:20,900
for larger transactions and you 
know they have this super just 

574
00:37:20,900 --> 00:37:26,000
bullshit law, legal tender, just
forcing people to use the 

575
00:37:26,000 --> 00:37:29,500
currency forcing using forcing 
people to use a currency that 

576
00:37:29,500 --> 00:37:34,600
steals from them. 
So essentially I mean is that 

577
00:37:34,600 --> 00:37:38,900
something that like it is that 
an inevitability like it? 

578
00:37:38,900 --> 00:37:43,000
Do we do it does it have to do? 
You believe like it has to 

579
00:37:43,000 --> 00:37:47,300
escalate to a point where we 
have to push for Bitcoin to be 

580
00:37:47,300 --> 00:37:49,800
legal tender? 
Like a situation like El 

581
00:37:49,800 --> 00:37:53,900
Salvador or to be fully embraced
because the reality is that, you

582
00:37:53,900 --> 00:37:57,500
know, human beings like 
conveniency, like conveniences, 

583
00:37:57,600 --> 00:38:01,100
right. 
And you can't deny Why that it 

584
00:38:01,100 --> 00:38:05,000
is inconvenient to use Bitcoin 
specifically as a means of 

585
00:38:05,000 --> 00:38:07,200
payment in, in the United 
States. 

586
00:38:07,200 --> 00:38:10,300
Like not, you know, obviously 
with bitcoiners it's like a bro 

587
00:38:10,300 --> 00:38:14,300
here you go but you know for 
you're going to CVS or you know,

588
00:38:14,300 --> 00:38:18,000
you're going to one of your 
favorite restaurants, right? 

589
00:38:18,000 --> 00:38:22,100
You know, the reality is that a 
lot of merchants just find it as

590
00:38:22,100 --> 00:38:24,500
an inconvenience to accept 
something like Bitcoin. 

591
00:38:25,300 --> 00:38:27,300
How, how do you see that playing
out? 

592
00:38:29,200 --> 00:38:33,800
First plays out by making it 
easier to accept Bitcoins. 

593
00:38:33,800 --> 00:38:38,800
So things like strikes 
integration with NCR that self 

594
00:38:38,800 --> 00:38:42,500
checkout. 
Counters, that will be big for 

595
00:38:42,700 --> 00:38:48,600
the ability to large retailers 
to, to accept Bitcoin, or to 

596
00:38:48,600 --> 00:38:51,300
allow their customers to pay in 
Bitcoin. 

597
00:38:51,300 --> 00:38:54,300
They don't necessarily need to 
hold it on their balance sheet, 

598
00:38:54,300 --> 00:38:59,800
but I think slowly over time, 
they will begin to So, that's 

599
00:38:59,800 --> 00:39:03,400
the first thing that's making it
easier for these Merchants 

600
00:39:03,400 --> 00:39:07,900
actually accept Bitcoin, loved 
Beatty Pacer BTK server user 

601
00:39:08,400 --> 00:39:10,700
myself. 
That's how we receive all the 

602
00:39:10,700 --> 00:39:13,400
Bitcoin at cftc with our 
company. 

603
00:39:14,100 --> 00:39:18,900
But expecting every Merchant to 
spin up a be TCP server and 

604
00:39:18,900 --> 00:39:23,500
implemented in their point of 
sale system is probably not 

605
00:39:23,500 --> 00:39:28,700
going to happen, so people like 
strike and integrated with NCR 

606
00:39:28,900 --> 00:39:33,700
Square obviously. 
Cash app has been an early mover

607
00:39:33,700 --> 00:39:37,200
in Bitcoin, Jack. 
Dorsey is a massive advocate of 

608
00:39:37,200 --> 00:39:42,300
Bitcoin would not be surprised 
if they begin to turn on bitcoin

609
00:39:42,300 --> 00:39:47,000
receiving capabilities for their
point of sale system and that 

610
00:39:47,000 --> 00:39:51,200
will unlock tens of Millions. 
Hundreds of millions, of 

611
00:39:51,208 --> 00:39:54,100
merchants overnight to be able 
to receive adequate. 

612
00:39:54,100 --> 00:39:57,400
And then, once you get to that 
point in terms of like tax, 

613
00:39:57,400 --> 00:40:03,500
burden and the legal 
ramifications and legal tender 

614
00:40:03,500 --> 00:40:05,800
laws, I think it gets to a point
where just simply, it's like the

615
00:40:05,808 --> 00:40:08,600
Nick. 
They do think of a zebra was 

616
00:40:08,700 --> 00:40:12,700
idea that what you have to do to
get these Technologies widely 

617
00:40:12,700 --> 00:40:16,300
adopted and then Force, the 
government hand, it is make them

618
00:40:16,300 --> 00:40:20,200
too expensive to it for. 
So you get to a point point 

619
00:40:20,200 --> 00:40:24,500
where the ability to accept 
Bitcoin as a merchant as easy as

620
00:40:24,900 --> 00:40:29,700
toggling a button on the back 
end of your beer, point-of-sale 

621
00:40:29,700 --> 00:40:35,000
application, and then you open 
it up, million people begin 

622
00:40:35,000 --> 00:40:41,400
spending Bitcoin, the yes, there
may be de minimis tax laws in 

623
00:40:41,400 --> 00:40:45,000
place, but at a certain scale 
individuals actually using 

624
00:40:45,000 --> 00:40:49,900
Bitcoin at these Merchants is 
just becomes too expensive to 

625
00:40:49,900 --> 00:40:51,200
mmm. 
Course the tax law. 

626
00:40:51,200 --> 00:40:55,600
And so you essentially just have
this scenario which like in 

627
00:40:55,600 --> 00:40:57,500
people are just like we're using
this. 

628
00:40:57,600 --> 00:41:03,300
Yeah, of course some people will
will never lie. 

629
00:41:03,300 --> 00:41:08,400
Get caught up in the net and 
maybe get audited by the IRS but

630
00:41:08,400 --> 00:41:12,700
hopefully enough they actually 
pay their taxes that they do it 

631
00:41:12,700 --> 00:41:16,600
correctly. 
They can survive those audits 

632
00:41:16,600 --> 00:41:19,700
about legal ramification but 
certain points. 

633
00:41:20,200 --> 00:41:24,400
Going to be literally impossible
for the government to enforce 

634
00:41:24,400 --> 00:41:27,300
these tax laws, if enough people
are using Bitcoin. 

635
00:41:27,800 --> 00:41:32,600
Of course, that depends on 
adoption usage, but I'm 

636
00:41:32,600 --> 00:41:35,700
confident that will happen. 
Especially when you take into 

637
00:41:35,700 --> 00:41:40,300
consideration the state of 
inflation and the growing 

638
00:41:40,300 --> 00:41:44,100
distrust for government will be 
bumps in the road. 

639
00:41:44,100 --> 00:41:47,200
But I think overall at the end 
of the day we'll get too 

640
00:41:47,200 --> 00:41:49,600
expensive to enforce these types
of laws. 

641
00:41:52,200 --> 00:41:53,500
I am I running the show? 
No. 

642
00:41:54,600 --> 00:42:00,700
Yeah I think Nico fell off. 
He got rug pulled from restream.

643
00:42:01,900 --> 00:42:05,800
So Bruce research and Drug pull 
the restream ragdolls. 

644
00:42:05,800 --> 00:42:10,600
Let me see, he's texting me 
right now, but let me see what's

645
00:42:10,600 --> 00:42:16,200
going on with him. 
Yeah, you just just rip it for a

646
00:42:16,200 --> 00:42:17,800
moment while I try to get him 
back in. 

647
00:42:26,600 --> 00:42:30,900
Going against the US government.
But at the end of the day, the 

648
00:42:30,900 --> 00:42:35,000
government has proven to be evil
corrupt. 

649
00:42:35,300 --> 00:42:37,500
I don't really care about you as
an individual. 

650
00:42:37,500 --> 00:42:42,400
They care about their ability to
take control over your life and 

651
00:42:43,000 --> 00:42:46,200
like Nico saying earlier, 
there's a bunch of people still 

652
00:42:46,200 --> 00:42:52,700
have their hands heads in the 
sand and are willingly going 

653
00:42:52,700 --> 00:42:54,900
along with the government. 
Again, I think Think that that 

654
00:42:54,900 --> 00:42:58,600
tide is changing. 
And I do think we need to get 

655
00:42:58,600 --> 00:43:03,100
back to the Revolutionary spirit
that this country was founded 

656
00:43:03,100 --> 00:43:06,000
on. 
Civilly, disobey its most 

657
00:43:06,000 --> 00:43:09,700
important thing civilly disobey 
peacefully disobey by simply 

658
00:43:09,700 --> 00:43:12,300
sending and receiving Bitcoin 
transactions. 

659
00:43:12,300 --> 00:43:16,300
And so, I do think we need to 
make Civil Disobedience of 

660
00:43:16,300 --> 00:43:20,100
thing. 
People need to engender 

661
00:43:20,100 --> 00:43:22,700
mentalities of, not being afraid
of their government, government 

662
00:43:22,700 --> 00:43:23,900
was supposed to work for you 
instead. 

663
00:43:24,100 --> 00:43:26,400
Weapons. 
I feel, and has become 

664
00:43:26,400 --> 00:43:30,000
abundantly clear to me at least 
that the government, not only 

665
00:43:30,000 --> 00:43:33,300
not representing us, it is 
actively harming us to making 

666
00:43:33,300 --> 00:43:37,500
life materially worse off. 
And so if you have an Avenue to 

667
00:43:37,500 --> 00:43:43,900
opt out into peacefully, disobey
their evil orders, which Bitcoin

668
00:43:43,900 --> 00:43:46,900
provides and you should do. 
So these are civic duty. 

669
00:43:47,600 --> 00:43:51,400
I 100% agree and it's 
interesting because once we 

670
00:43:51,400 --> 00:43:53,900
started having these types of 
conversations looks like, 

671
00:43:54,000 --> 00:43:58,900
Restream rug pulled me softly, 
thanks for holding it down. 

672
00:43:59,200 --> 00:44:03,500
But uh, this this, I don't know 
what happens, Marty, but 10, 

673
00:44:03,500 --> 00:44:06,300
when we tend to have these types
of conversations some type of 

674
00:44:06,300 --> 00:44:13,300
deaf attentional difficulties. 
Oh man, but speaking of Civil 

675
00:44:13,300 --> 00:44:17,500
Disobedience, that's the beauty 
of Bitcoin though, right? 

676
00:44:17,500 --> 00:44:21,000
Is that it's like the Civil 
civil. 

677
00:44:21,000 --> 00:44:25,700
Disobedience is just Opting out,
it's literally just taking your 

678
00:44:25,700 --> 00:44:30,000
Bitcoin, put it into Cold 
Storage, living your life and I 

679
00:44:30,008 --> 00:44:32,400
love what you mentioned in the 
beginning about, you know, I 

680
00:44:32,400 --> 00:44:34,500
love Texas. 
Slim, I've had too many times on

681
00:44:34,500 --> 00:44:38,100
the show, right? 
It's this idea of sovereignty, 

682
00:44:38,100 --> 00:44:39,600
this is, you know, Jeff Booth 
calls. 

683
00:44:39,600 --> 00:44:44,400
It, decentralization versus 
centralization and I agree, I 

684
00:44:44,400 --> 00:44:48,600
think we're, I think learning 
right? 

685
00:44:48,800 --> 00:44:52,700
That the path forward is 
personal responsibility. 

686
00:44:52,700 --> 00:44:56,700
It's like I think we've got in 
here because people have whether

687
00:44:56,700 --> 00:44:59,900
it's the, you know, the 
Outsourcing information, 

688
00:44:59,900 --> 00:45:03,000
Outsourcing food Outsourcing 
money, right? 

689
00:45:03,000 --> 00:45:08,000
And I think that just, you know,
as frankensteined into this 

690
00:45:08,000 --> 00:45:12,800
monstrosity, that, you know, the
personification of it, like the,

691
00:45:12,900 --> 00:45:16,900
the example of it is, is the 
world economic Forum, the 

692
00:45:16,900 --> 00:45:18,600
continuing are conference, 
right? 

693
00:45:19,000 --> 00:45:22,600
Barney, did you know that the 
world economic Forum was founded

694
00:45:22,600 --> 00:45:23,800
in? 
In 71. 

695
00:45:24,600 --> 00:45:29,300
Yeah, okay, Klaus Henry 
Kissinger got together. 

696
00:45:30,200 --> 00:45:35,600
So we need to, we need to begin 
putting together for a broad 

697
00:45:35,600 --> 00:45:38,800
economics, but yeah, again, it's
become like, especially this 

698
00:45:38,800 --> 00:45:41,500
year. 
I mean, all the other clips that

699
00:45:41,500 --> 00:45:45,800
came out all the panels, like, 
people are extremely 

700
00:45:45,800 --> 00:45:49,500
hypocritical and it's becoming 
glaringly obvious, like, shout 

701
00:45:49,500 --> 00:45:55,800
out to the rebel. 
Dues guys who are We're asking 

702
00:45:55,800 --> 00:46:01,300
actually hard questions to these
world leaders and CEO of Pfizer 

703
00:46:02,100 --> 00:46:08,400
Larry Fink as they're walking 
through Davos and small exhibit 

704
00:46:08,400 --> 00:46:12,600
examples like that where they're
able to go there and ask people 

705
00:46:12,700 --> 00:46:14,400
these the questions that they 
should be. 

706
00:46:14,500 --> 00:46:17,300
Should have been asked for many 
years now. 

707
00:46:17,300 --> 00:46:21,700
But the lap dog, corporate 
media, just refuses, or doesn't 

708
00:46:21,700 --> 00:46:25,800
even think about asking and and 
it's like a death by a Thousand 

709
00:46:25,800 --> 00:46:31,400
Cuts every every clip of them 
being unable to answer genuine 

710
00:46:31,800 --> 00:46:35,700
questions, that should be 
answered and then getting up on 

711
00:46:35,700 --> 00:46:42,000
stage and after flying private 
jets and to Switzerland and 

712
00:46:42,800 --> 00:46:50,300
trying to sort of looking for 
trying to lecture the rest of 

713
00:46:50,308 --> 00:46:52,800
the world on climate change in 
there. 

714
00:46:53,100 --> 00:46:57,300
You can function just very 
obviously hypocritical more and 

715
00:46:57,300 --> 00:46:58,700
more people are waking up to 
that. 

716
00:46:58,700 --> 00:47:04,800
And I think these people are 
losing grip on the narrative 

717
00:47:05,600 --> 00:47:08,700
which comes first, and 
eventually, they'll lose their 

718
00:47:08,700 --> 00:47:10,500
grip on Power. 
And that's the funny thing at 

719
00:47:10,500 --> 00:47:12,400
the end of the power is 
perception. 

720
00:47:12,400 --> 00:47:14,800
That people only perceive that 
these people are powerful but 

721
00:47:14,800 --> 00:47:18,500
like you said, the power lies in
the hands of the individual. 

722
00:47:18,500 --> 00:47:21,700
At the end of the day, you have 
the power to download a Bitcoin 

723
00:47:21,700 --> 00:47:25,400
wallet into And payment of 
Bitcoin, you have power to get 

724
00:47:25,400 --> 00:47:28,700
up off your ass with Shaker, 
local, ranchers, hand and say. 

725
00:47:28,700 --> 00:47:33,900
I'm going to buy my be from you.
Instead of going to the large 

726
00:47:33,900 --> 00:47:37,000
grocery store, you have the 
power and say, hey I'm going to 

727
00:47:37,000 --> 00:47:41,900
use nostril over Twitter. 
You have the power to basically 

728
00:47:41,900 --> 00:47:44,800
say, fuck you and like, what's 
your opinions, am not doing this

729
00:47:44,800 --> 00:47:49,000
anymore, mad as hell, and I'm 
simply not going to do this 

730
00:47:49,000 --> 00:47:52,200
anymore. 
I have the power to opt in. 

731
00:47:53,100 --> 00:47:56,100
These other ways of living my 
life and we're going to do that.

732
00:47:56,300 --> 00:48:01,600
Obviously there is some personal
responsibility on the individual

733
00:48:01,600 --> 00:48:04,300
at the end of the day. 
But I think more and more are 

734
00:48:04,300 --> 00:48:07,200
taking that particular personal 
responsibility recognizing that 

735
00:48:07,200 --> 00:48:10,600
they need to do it and taking 
them through their parents 100% 

736
00:48:10,600 --> 00:48:13,300
like there but does it worry 
you? 

737
00:48:13,300 --> 00:48:16,800
And I think you actually 
mentioned the percentage of 

738
00:48:16,800 --> 00:48:22,400
people you said around 20% of 
people and you know my my 

739
00:48:22,400 --> 00:48:25,800
girlfriend And like she's been 
with me and you know she's a bit

740
00:48:25,800 --> 00:48:29,300
corner just by proximity and 
just being close to me and 

741
00:48:29,300 --> 00:48:32,500
whatever and you know G has 
Bitcoin stores Bitcoin whatever.

742
00:48:32,500 --> 00:48:38,400
But you know she's you know her 
Minds it, another place and it I

743
00:48:38,400 --> 00:48:42,100
I always loved her opinion 
because it's a non biased 

744
00:48:42,100 --> 00:48:44,700
opinion, you know, me and you 
are in the trenches fighting the

745
00:48:44,700 --> 00:48:49,300
good fight, you know, we put her
heart and soul into what we do. 

746
00:48:50,200 --> 00:48:56,300
And she said the most intuitive,
Mint and I think it was so true.

747
00:48:56,500 --> 00:49:00,500
She's like Nico, this is great 
sound money, this is amazing. 

748
00:49:00,500 --> 00:49:04,300
I get it this is great you know 
write down 24 words 

749
00:49:04,300 --> 00:49:09,500
theoretically store Millions you
know billions trillions She's 

750
00:49:09,500 --> 00:49:11,600
like Nico. 
But frankly, I think people are 

751
00:49:11,600 --> 00:49:14,300
too stupid and I was, and I 
thought about that and I'm like,

752
00:49:15,300 --> 00:49:20,500
and that is because think about 
all the all the convenience that

753
00:49:20,500 --> 00:49:24,300
people like like Marty do you 
think that if someone had a 

754
00:49:24,308 --> 00:49:27,600
choice and you know, they 
weren't educated on the matter, 

755
00:49:28,200 --> 00:49:32,200
it had a choice between you 
know, slightly inconvenient, 

756
00:49:32,200 --> 00:49:36,200
freedom and convenient, 
convenient slavery, which are 

757
00:49:36,200 --> 00:49:41,700
sent cdc's You could make a 
pretty big bet that a big 

758
00:49:41,700 --> 00:49:44,800
percentage of people are just 
going to be like sign me up. 

759
00:49:44,800 --> 00:49:49,300
You know you made the case that 
you know, excuse me, that cbc's 

760
00:49:50,300 --> 00:49:53,300
probably not going to happen in 
the United States because you 

761
00:49:53,300 --> 00:49:57,200
know the the the large influence
of the commercial Banks but you 

762
00:49:57,208 --> 00:49:59,000
get what I'm trying to say, 
right? 

763
00:49:59,000 --> 00:50:02,400
That you could bet your, you can
make pretty, you know, strong 

764
00:50:02,400 --> 00:50:05,500
assumption that there's going to
be a percentage of people that 

765
00:50:05,500 --> 00:50:07,900
are just not going to opt out of
state money. 

766
00:50:08,000 --> 00:50:11,000
Why do you code you come from 
the school of thought where it's

767
00:50:11,000 --> 00:50:13,900
like, it doesn't matter, you 
know, spets key wrote that 

768
00:50:13,900 --> 00:50:16,300
article where it's like we are 
the remnant you know? 

769
00:50:16,308 --> 00:50:19,100
The masses don't matter. 
Like what are your thoughts on 

770
00:50:19,100 --> 00:50:25,800
that? 
I like that article, the idea 

771
00:50:25,800 --> 00:50:31,200
The Remnant, but I think the CDC
world would be extremely more 

772
00:50:31,200 --> 00:50:36,100
inconvenient, right? 
Like if you eat too much me one 

773
00:50:36,100 --> 00:50:39,900
month and you go to the grocery 
store and you can't buy a steak 

774
00:50:39,900 --> 00:50:44,700
because you've exhausted your 
your carbon rations and the CBD 

775
00:50:44,700 --> 00:50:50,400
SeaWorld that's inconvenient. 
It's much like the hurdle to 

776
00:50:50,400 --> 00:50:51,700
downloading. 
Vic. 

777
00:50:51,700 --> 00:50:53,600
That's another thing too. 
That's what I think. 

778
00:50:53,700 --> 00:50:57,300
It's a disservice big winner do 
for themselves just B coin comes

779
00:50:57,300 --> 00:51:02,900
with extreme ownership and 
responsibility and securing a 

780
00:51:02,900 --> 00:51:09,000
seed phrase and a Bitcoin wallet
is a new action that people need

781
00:51:09,000 --> 00:51:11,100
to get comfortable with but it's
not that hard. 

782
00:51:11,100 --> 00:51:13,800
Keep literally download the map 
and write down some words, it's 

783
00:51:13,800 --> 00:51:17,500
not that inconvenient and when 
you juxtapose it with you and 

784
00:51:17,500 --> 00:51:23,100
convenience about being able to 
do what you I want to do whether

785
00:51:23,100 --> 00:51:26,900
it be by a steak or by plane 
ticket to go visit a family 

786
00:51:26,900 --> 00:51:31,900
member like that is a much more 
inconvenient future than the 

787
00:51:31,900 --> 00:51:34,100
world. 
With a Bitcoin standard much 

788
00:51:34,100 --> 00:51:37,300
more convenient pass control of 
your money can be able to buy 

789
00:51:37,300 --> 00:51:40,000
what you want, said them having 
the government. 

790
00:51:40,000 --> 00:51:44,900
So now you can't do this, you 
know, I think my do. 

791
00:51:46,900 --> 00:51:50,700
Maybe I go back and forth in 
that have historically, like Ms.

792
00:51:50,700 --> 00:51:52,700
People are dumb or not going to 
get it. 

793
00:51:52,700 --> 00:51:56,000
There's going to follow the 
state and do whatever they tell 

794
00:51:56,000 --> 00:51:58,800
them. 
But again I think going back to 

795
00:51:58,800 --> 00:52:02,000
the fourth turning collapse in 
confidence. 

796
00:52:02,000 --> 00:52:05,700
I think we do live in this 
special moment in time where you

797
00:52:05,700 --> 00:52:11,900
have this, perfect. 
Combination of things, the 

798
00:52:12,000 --> 00:52:17,100
degradation of the money, the 
Fret fragility of the financial 

799
00:52:17,100 --> 00:52:25,600
system, the distrust in federal 
government and politicians, it's

800
00:52:25,600 --> 00:52:29,100
all coalescing in this moment 
right now where I'm at. 

801
00:52:29,100 --> 00:52:34,500
Again, maybe I'm naive, maybe 
I'm stupid, but I am optimistic 

802
00:52:34,500 --> 00:52:39,800
that we the tides are turning 
People didn't push too far to 

803
00:52:39,800 --> 00:52:42,700
the edge and they're going to 
begin pushing back and if you 

804
00:52:42,700 --> 00:52:47,500
look at human history we have 
more tools than ever to push 

805
00:52:47,500 --> 00:52:51,300
back the double-edged sword yes 
the digital world and everything

806
00:52:51,300 --> 00:52:57,000
that's been built up by the 
state and technocrats. 

807
00:52:57,300 --> 00:53:02,000
It can be extremely restrictive.
It can cattle herd you into this

808
00:53:02,000 --> 00:53:04,900
digital pad Optica and but we 
also have the open source 

809
00:53:04,900 --> 00:53:07,800
technologies that could lead us 
to Freedom. 

810
00:53:08,700 --> 00:53:12,400
And I think again going back to 
convenience or inconvenience 

811
00:53:12,400 --> 00:53:16,700
there I would argue that the CDC
world will be extremely more 

812
00:53:17,000 --> 00:53:19,900
inconvenient than in a world on 
a Bitcoin standard. 

813
00:53:19,900 --> 00:53:23,900
Yes you may have to write down 
and secure some words but I 

814
00:53:23,908 --> 00:53:28,200
think given the option between 
that and not being able to buy a

815
00:53:28,200 --> 00:53:32,200
stake when you want to, I think 
people will figure out how to 

816
00:53:32,200 --> 00:53:36,100
write down and secure those 
words interesting. 

817
00:53:36,100 --> 00:53:41,400
So to you, You make the argument
that the vast majority of 

818
00:53:41,400 --> 00:53:50,100
people, if pushed to a certain 
extreme would like, it's so 

819
00:53:50,100 --> 00:53:51,200
ridiculously give you think 
about it? 

820
00:53:51,208 --> 00:53:54,300
Like what is what is harder 
opening a bank account nowadays 

821
00:53:54,300 --> 00:53:57,600
or writing down 24 words, right?
Like I would make the argument 

822
00:53:57,600 --> 00:54:01,500
that opening a bank account is 
100 times more difficult than 

823
00:54:01,500 --> 00:54:07,500
writing down. 24 words, I guess.
Maybe I don't you know, the the 

824
00:54:07,900 --> 00:54:12,600
This analogy fits best, right? 
It's so cliche bringing up 

825
00:54:12,600 --> 00:54:17,100
during a Bitcoin podcast but you
know, the the scene where it's 

826
00:54:17,100 --> 00:54:19,800
like Neo after a certain age, we
just don't wake people up 

827
00:54:19,800 --> 00:54:22,100
because they've been their minds
can't handle that. 

828
00:54:22,100 --> 00:54:23,800
They've been in The Matrix for 
so long. 

829
00:54:24,100 --> 00:54:27,500
And I used that analogy to 
describe that, you know, 

830
00:54:28,000 --> 00:54:31,000
specific like if I'm talking 
like about my parents, for 

831
00:54:31,000 --> 00:54:34,200
example, right? 
Yeah, my mom been holding 

832
00:54:34,200 --> 00:54:37,200
Bitcoin for as long as I have, 
you know, 2016, right? 

833
00:54:37,900 --> 00:54:45,700
But if I tell her mom, you know,
send me some Bitcoin, you know, 

834
00:54:45,700 --> 00:54:47,800
it's going to be very difficult 
to do that. 

835
00:54:47,800 --> 00:54:51,800
So maybe for the younger 
Generations, I would say. 

836
00:54:51,800 --> 00:54:55,900
And I'm again, it's not black 
and white of course, but I think

837
00:54:55,900 --> 00:54:58,900
that there is going to be a 
percentage of people that maybe 

838
00:54:58,900 --> 00:55:01,500
they don't they they're not 
going to have the technical 

839
00:55:01,500 --> 00:55:04,700
capability or technical know-how
specifically the generation that

840
00:55:04,700 --> 00:55:07,400
that isn't internet native like 
it's very easy for me and you to

841
00:55:07,400 --> 00:55:10,700
say this This Marty, because of 
our because of our ages, right? 

842
00:55:10,700 --> 00:55:14,000
We are millennials, we kind of 
grew up with the internet, but 

843
00:55:14,000 --> 00:55:16,900
someone older, right? 
It might be a little bit more 

844
00:55:16,900 --> 00:55:20,900
difficult. 
You could say, Is it though they

845
00:55:20,900 --> 00:55:21,700
can send. 
Why? 

846
00:55:21,700 --> 00:55:24,600
No, it's not. 
It's totally not right. 

847
00:55:24,600 --> 00:55:30,800
Yeah, but yeah. it all comes 
back to storytelling, I can tell

848
00:55:31,000 --> 00:55:35,500
the better story, The more 
hopeful story and that's what I 

849
00:55:35,500 --> 00:55:40,300
think it plays to our advantage 
like the corners incredible 

850
00:55:40,800 --> 00:55:44,200
vision of the future that it's 
hopeful that is optimistic, that

851
00:55:44,700 --> 00:55:49,700
includes freedom and sovereignty
particularly with your money. 

852
00:55:49,700 --> 00:55:54,600
But then that seeps into other 
points of your life, and then 

853
00:55:54,700 --> 00:55:57,900
you just look at who we're up 
against and they're painting the

854
00:55:57,908 --> 00:56:03,400
future of not owning anything, 
not owning anything, the world's

855
00:56:03,400 --> 00:56:07,000
going to end from, Climate 
change one of these days but 

856
00:56:07,000 --> 00:56:09,400
happening for decades, but don't
worry next year. 

857
00:56:09,400 --> 00:56:12,000
It's going to happen. 
And again, I think people just 

858
00:56:12,000 --> 00:56:16,800
get worn out and overtime is the
ux around. 

859
00:56:16,900 --> 00:56:20,400
That's the only thing I think 
the ux around receiving and 

860
00:56:20,400 --> 00:56:23,300
sending Bitcoin and backing up 
Bitcoin is going to get 

861
00:56:23,300 --> 00:56:28,800
significantly better as well. 
So yes, it may be hard today to 

862
00:56:29,400 --> 00:56:34,400
ask your mom like a semi semi 
two million SATs, but I think 

863
00:56:34,700 --> 00:56:36,200
especially What I'm seeing right
now. 

864
00:56:37,300 --> 00:56:42,000
In the 1031 perspective, there's
incredible about a talent 

865
00:56:42,400 --> 00:56:46,700
engineering talent, and design 
talent that is coming to build 

866
00:56:46,700 --> 00:56:50,100
on bitcoin. 
That'll abstract, a lot of the 

867
00:56:51,200 --> 00:56:54,600
perceived complexities that that
are involved with sending and 

868
00:56:54,608 --> 00:56:59,600
receiving Bitcoin. 
I agree, I'm Marty before we 

869
00:56:59,600 --> 00:57:03,000
wrap it up. 
I think one last question and 

870
00:57:03,200 --> 00:57:07,500
really, I think a lot of People 
you know, not the people that 

871
00:57:07,500 --> 00:57:10,900
been advocating for you know, 
dollar cost average, you know 

872
00:57:11,400 --> 00:57:14,800
course Odell's famous slide, 
stay humble stack SATs but I 

873
00:57:14,800 --> 00:57:17,600
think a lot of people were 
anticipating, you know, hundred 

874
00:57:17,600 --> 00:57:21,100
k 2 coin last cycle. 
You know I come from the mining 

875
00:57:21,100 --> 00:57:23,900
background. 
I you know, I come from the 

876
00:57:23,900 --> 00:57:28,600
angle of, I think that the CCP 
bands Bitcoin mining right in 

877
00:57:28,600 --> 00:57:31,900
the middle of the bull run. 
You know, that inevitably led to

878
00:57:31,900 --> 00:57:34,200
the, you know, the hash rate 
dropping of course, a lot of 

879
00:57:34,200 --> 00:57:36,400
miners had to do. 
Dump a lot of coin, do you know 

880
00:57:36,400 --> 00:57:39,000
to pay for the relocation of a 
lot of those Miners? 

881
00:57:39,600 --> 00:57:41,700
And but we didn't hit 100K 
Bitcoin, right? 

882
00:57:41,700 --> 00:57:44,400
I think we hit was the max. 
There's like 69 or something. 

883
00:57:45,600 --> 00:57:48,400
What was your personal? 
We're you let down in that. 

884
00:57:49,300 --> 00:57:53,700
Are we looking into a future 
where you know, Bitcoin isn't 

885
00:57:53,700 --> 00:57:55,800
going to? 
Of course, I don't believe that 

886
00:57:56,000 --> 00:57:58,300
it's going up forever. 
Laura, but you know what are 

887
00:57:58,308 --> 00:58:01,800
your thoughts on that? 
Like do you you know is the 

888
00:58:01,800 --> 00:58:04,800
party over so to speak? 
No. 

889
00:58:05,700 --> 00:58:10,200
No, I've been around since 2013,
I bought the Pico top of that 

890
00:58:10,200 --> 00:58:16,400
cycle like $1400 and watched it 
and drop downs like 180 bucks 

891
00:58:16,600 --> 00:58:22,800
like the course of 2014 2015 and
that was significantly worse 

892
00:58:22,800 --> 00:58:26,300
bear Market. 
I mean I Was wasn't counting 

893
00:58:26,300 --> 00:58:30,100
100,000 out of the picture when 
we were in that last bull 

894
00:58:30,100 --> 00:58:31,800
market. 
But it doesn't surprise me at 

895
00:58:31,800 --> 00:58:36,200
all, but it didn't get there. 
And if you look at it, we only 

896
00:58:36,200 --> 00:58:41,300
don't believe like 77 percent 
from that all-time high and the 

897
00:58:41,300 --> 00:58:46,000
lows that we hit late last year,
which isn't the worst drawdown a

898
00:58:46,000 --> 00:58:47,900
Bitcoin seen throughout its 
history. 

899
00:58:48,000 --> 00:58:51,900
I just think this is par for the
course when you compare it to 

900
00:58:51,900 --> 00:58:55,000
pass Cycles. 
Again, going back to what. 

901
00:58:55,100 --> 00:58:57,400
When I just said, like the 
talent that's dedicated to 

902
00:58:57,400 --> 00:58:59,200
actually building out 
infrastructure where the be of 

903
00:58:59,200 --> 00:59:04,200
mining at the protocol level on 
the lightning that where we'll 

904
00:59:04,200 --> 00:59:06,600
have sediments coming to Market 
here. 

905
00:59:06,600 --> 00:59:10,600
Soon, like, I don't think the 
fundamentals of never been 

906
00:59:10,600 --> 00:59:15,200
stronger. 
In terms of distribution, of 

907
00:59:15,200 --> 00:59:21,300
hash rate distribution of known,
operators development Talent, 

908
00:59:21,300 --> 00:59:24,500
dedicated to building on the 
network new ideas. 

909
00:59:25,200 --> 00:59:29,400
Making it to the Lively because 
it's ever been and it seems like

910
00:59:29,400 --> 00:59:34,800
it's accelerating one part of 
the world. 

911
00:59:34,800 --> 00:59:36,900
It gives me extreme. 
I was developing markets that 

912
00:59:36,900 --> 00:59:40,800
have recognized Bitcoins utility
and are moving quite 

913
00:59:40,800 --> 00:59:42,800
aggressively to build on top of 
it. 

914
00:59:42,800 --> 00:59:46,100
So yeah, getting hit 100K, I 
still have laser eyes. 

915
00:59:47,000 --> 00:59:49,000
I will be keeping them on until 
we head out here, okay? 

916
00:59:49,000 --> 00:59:53,300
But then it's a I wouldn't have 
been surprised we had on your 

917
00:59:53,300 --> 00:59:55,600
gate. 
I'm not surprised that we didn't

918
00:59:55,600 --> 00:59:59,300
either, it's just par for the 
course with these Cycles. 

919
01:00:00,400 --> 01:00:04,100
At once you go through a few, 
you become pretty hard and just 

920
01:00:04,100 --> 01:00:07,100
come to expect the unexpected. 
You never know what it's going 

921
01:00:07,100 --> 01:00:09,900
to do. 
Just, keep keep building. 

922
01:00:09,900 --> 01:00:14,900
Keep stacking, keep evangelizing
and helping. 

923
01:00:15,600 --> 01:00:18,500
Educate people about why this is
important and how it can help 

924
01:00:18,500 --> 01:00:21,200
their lives. 
And yeah, I think that's the 

925
01:00:21,200 --> 01:00:24,200
most important thing going back 
to like storytelling just have 

926
01:00:24,200 --> 01:00:28,200
to continue telling a better 
story especially considering the

927
01:00:28,200 --> 01:00:33,100
global economic and geopolitical
background. 

928
01:00:33,100 --> 01:00:37,700
I think people are looking for a
reason to be hopeful and 

929
01:00:37,700 --> 01:00:40,500
optimistic for the future. 
And Bitcoin is one of the few 

930
01:00:40,500 --> 01:00:43,400
areas are really paints that 
that future and we just need to 

931
01:00:43,400 --> 01:00:45,500
begin getting that story out 
there. 

932
01:00:46,400 --> 01:00:49,500
Telling it slowly. 
But surely I think more and more

933
01:00:49,500 --> 01:00:52,100
people will be coming to adopt 
Bitcoin. 

934
01:00:52,800 --> 01:00:54,900
Amen. 
Well, mr. 

935
01:00:54,900 --> 01:00:57,600
Marty been. 
It's been an absolute pleasure. 

936
01:00:58,000 --> 01:01:02,400
I really enjoyed this. 
I have to ask this out of every 

937
01:01:02,400 --> 01:01:04,200
guest that where can people find
you? 

938
01:01:04,200 --> 01:01:09,000
And what he wanted on nowadays? 
Yeah, Marty been on Twitter. 

939
01:01:09,500 --> 01:01:12,700
TFT see that IO is where you can
find the newsletter. 

940
01:01:12,800 --> 01:01:17,500
Pfft interview series. 
Obviously we do under Rabbit 

941
01:01:17,500 --> 01:01:23,200
Hole recap every Thursday at 
almost everything once a week 

942
01:01:23,200 --> 01:01:28,200
with Matt Odell, which is a lot 
of fun. 

943
01:01:28,200 --> 01:01:33,300
We've been doing that for five 
years and then beyond that I'm 

944
01:01:33,400 --> 01:01:38,600
co-founder of standard Bitcoin 
which is a In company, a lot of 

945
01:01:38,600 --> 01:01:42,700
our hash rate is in Tennessee. 
We're doing some cool things 

946
01:01:42,700 --> 01:01:48,000
there to help stabilize the 
grade in rural areas and then 

947
01:01:48,800 --> 01:01:53,500
1031 partner at 10:31 or Bitcoin
focused Venture Capital firm. 

948
01:01:53,500 --> 01:01:58,300
We can support Bitcoin only 
companies and bitcoiners who are

949
01:01:58,400 --> 01:02:02,500
building out the infrastructure 
user experience that we talked 

950
01:02:02,500 --> 01:02:06,000
about during this conversation. 
Beautiful. 

951
01:02:06,700 --> 01:02:08,500
Thank you, Marty, for joining 
us. 

952
01:02:08,500 --> 01:02:11,900
Appreciate it Opti, please make 
me full screen since restream 

953
01:02:11,900 --> 01:02:16,000
booted me out of the producer 
seat guys, thank you so much for

954
01:02:16,000 --> 01:02:19,300
joining us on another episode of
Simply bitcoind live shout out 

955
01:02:19,300 --> 01:02:22,100
to Marty this is really special 
to me and I was really looking 

956
01:02:22,100 --> 01:02:26,400
forward to this for a long time 
Marty and Marty and Matt big 

957
01:02:26,400 --> 01:02:32,300
inspiration really Pioneers in 
the Bitcoin content creation 

958
01:02:32,300 --> 01:02:34,900
field when they started. 
There was really nothing there. 

959
01:02:34,900 --> 01:02:38,400
So Huh, shout out to shout out 
to Marty for coming on, thank 

960
01:02:38,400 --> 01:02:40,000
you. 
We'll be back tomorrow. 

961
01:02:40,000 --> 01:02:43,000
Regular episode of Simply 
Bitcoin live 12:15 p.m. 

962
01:02:43,000 --> 01:02:46,300
Eastern Standard Time. 
See you guys later Opti. 

963
01:02:46,500 --> 01:02:47,500
Wrap it up my friend.