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Welcome back everyone. 
I am Caspian Sea and I'm joined 

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as usual by partner in crime. 
Mr. Bennett Tomlin. 

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How are you this morning? 
I'm doing well Cass. 

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How are you? 
I'm doing good. 

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We are joined by a very special 
guest today. 

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She goes by the moniker mooncat 
on YouTube. 

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Welcome, how are you Moon Cat? 
Hello. 

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I'm good. 
Thank you. 

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We're having you on today 
specifically because you I 

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decided to do a video that 
covers web 3, the metaverse and 

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FTS, whatever you want to call 
it and was incredibly critical. 

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It was a very long video, as 
well. 

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It's over an hour long. 
If anyone wants to check it out,

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I highly recommend it. 
We're going to leave it in the 

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show notes, but we're talking 
you because I haven't seen as 

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entertaining a video. 
As that one was. 

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That could be that critical. 
So I want to talk about you're 

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not Mr. Process. 
Your but also like, why why did 

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you jump into this? 
Why are you fascinated by this 

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this? 
I don't know. 

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Space ecosystem. 
Whatever. 

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You want to call it. 
Yes. 

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I've been keeping an eye on the 
space for quite a long time. 

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And I've always been interested 
in like scams and so I got 

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started out on YouTube 
investigating mlms. 

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And then I sort of moved on to 
sort of get rich quick schemes 

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and And also motivational 
speakers in general, because I 

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feel like the whole thing is 
very connected, the same 

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psychology in cult mentality is 
used throughout the whole thing.

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And I noticed crypto becoming 
very mainstream very popular and

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I found all of the same sort of 
Mind Tricks being used, I 

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suppose. 
So I naturally found it really 

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interesting kept an eye on it 
for a long time. 

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And then yeah I decided to like 
really jump into it like at the 

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start of January this year and 
then it took Like yeah, I guess 

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nearly a whole three months to 
kind of investigate everything 

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and even then there was still so
much more. 

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I didn't talk about in my video,
like so many extra scams and 

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everything that I could have 
talked about and so many things 

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to do with, like how awful it 
would be, if Bitcoin became the 

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world currency, like, it's such 
a dystopian thing to think 

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about, and I didn't even like, 
fully go into that thought 

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experiment. 
But it's Yeah, there's is quite 

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a lot to take in and think 
about, but I had to sort of try 

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and decide. 
Okay, what's the most important 

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things I need to talk about here
and it was still an hour and 40 

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minutes long after I after I got
rid of a lot of things that I 

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could have talked about. 
Yeah yeah. 

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Well we never we never seem to 
run out of topics for discussion

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because they're like you said 
there's just so many scams 

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everywhere but you brought up 
some really compelling 

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compelling arguments I think it 
helped me to recognize Once 

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again, I think I had not been as
focused on the venture 

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capitalist side of it and how 
gross the Venture Capital side 

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is and how how it really does 
feel. 

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It does feel like it's like 
poisoning the well if there is 

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any decent water that is in 
this, in this system, it's being

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poisoned as we speak. 
Yeah, I don't think the people 

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who are really excited about 
crypto really understand the 

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full extent of how much. 
These are involved in this and 

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how they're basically the same 
people that they think that 

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they're fighting against it's 
quite worrying, really, and how 

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powerful Peter teal really is 
and how scary he is. 

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I was that was the most shocking
thing that I found when I looked

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into it. 
Yeah. 

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Just his whole story and like 
how these these sort of 

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right-wing conspiratorial, but 
conspiratorially minded, people 

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are very they loved the idea, 
But the thing is that they're 

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also really, really scared of 
this whole One World Government 

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thing happening. 
But like, if that's going to 

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happen, it's going to be Peter 
teal. 

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It's not, you know, it's not 
some crazy conspiracy happening 

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on the government side, it's 
definitely, Peter teal who will 

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do it. 
If anybody does it, it will be 

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Peter teal. 
Yeah, yeah. 

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He had his horse. 
He said seasteading Venture that

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he tried to do and that failed 
miserably. 

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But he also something That 
Bennett has been looking into 

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more than more so than myself is
that he is very politically 

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active in. 
Yes. 

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Yes, he looks Donald Trump and 
yeah a lot of really awful 

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politicians. 
Don't let it stop there. 

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Yeah he's donated a lot to to 
Donald Trump and I find that 

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very interesting because like 
Donald Trump was also the 

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president, that, that sort of 
decreased, everybody's trust in 

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democracy overall. 
Which I think even though, like 

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Peter tells an intelligent guy 
and I don't think Donald Trump 

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is, but I think he was behind 
him as president because he 

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literally made, everybody think 
this democracy thing is, maybe 

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not, not quite so good and 
that's in his interest. 

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So, it's like really clever. 
If you think about it, I hate, I

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hate giving that concept credit 
though. 

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A lot of people on 
cryptocurrency Twitter. 

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I think Ben it was talking to 
some of them yesterday where a 

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lot of them proposed the idea 
that if Because Ben, it was 

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basically suggesting that almost
all of the politicians that 

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these cryptocurrency Bros vote 
for first of all, they're voting

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for them because of one single 
issue which is their Pro 

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cryptocurrency. 
So, they're not thinking outside

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of that issue at all, which is 
kind of terrifying because 

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almost every other issue is more
important than whether or not 

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you like cryptocurrency. 
But some of the people, 

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essentially, like you said, 
they're like basically 

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dismantling democracy and then 
it was just like, well if the 

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ends don't justify Means like if
the evil is worse, than the 

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single issue, the issue that 
you're voting for, how is this 

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acceptable? 
And people are just like, know, 

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will like he, they these 
cryptocurrency. 

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They don't want any government. 
So that's the, if it's helping 

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to dismantle it, they're all for
it. 

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And I'm like, oh my God, this is
just so cringe inducing because 

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it's not like they're even 
reflecting on in alternative, 

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right? 
They're not suggesting like, oh,

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but this is the better form of 
government that we can have. 

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It's like, well, no government 
and everything will be fine, 

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yeah, yeah. 
That's the problem. 

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It's like people are seeing the 
issues, which is a good thing, 

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but they're trying to like fix 
the everybody wants a simple fix

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for all of the issues in the 
world. 

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And it always works really well 
when somebody comes along with 

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a, with a half convincing answer
to all of the issues in the 

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world and, you know, Eminem's 
came along and we're like, oh, 

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you can leave your job. 
And you can spend more time with

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your family. 
And you don't even have to work 

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that much and you earn even more
than what you are in your job. 

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And obviously this all is born 
out of the, you know, the 

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problems with capitalism as it 
is and society as it is, at the 

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moment. 
But obviously, mlms on the 

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answer and crypto isn't the 
answer, but they want this 

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really simple answer, but when 
in reality all cryptos doing is 

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just rolling the clock back like
a hundred years on all the 

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progress we've made with, like 
financial institutions. 

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And it's like, obviously there's
Are still problems there 

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obviously, we haven't reached a 
Utopia, will we never will reach

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a Utopia but it's all about sort
of battling for words. 

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Not rolling the clock back and a
lot of people who watch my 

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video. 
Like why do you love big bank? 

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So much, like, I don't love big 
Banks, but I but I'm not, I 

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don't think allowing them to do 
whatever they want is the 

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answer. 
Yeah, I think we get, we get a 

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lot of that too. 
We get a lot of they think we 

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love the FED Banks. 
The treasury like just because 

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We criticize crypto 
cryptocurrency. 

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I think it's a bit. 
That's very funny Bennett. 

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Sorry. 
I want to, I want to take all 

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the know you're, okay. 
I was just really when I was 

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watching the video. 
It was really exciting because 

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you seem to really get the 
bigger picture of what's going 

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on with cryptocurrencies, a lot 
better than much of the critical

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media I've seen on 
cryptocurrencies like you 

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accurately pointed to some of 
the political Medical issues in 

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the way they want to dismantle 
certain political systems you 

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were able to bring in like the 
future dystopian vision of 

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techno feudalism. 
That sits it like the heart of a

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lot of cryptocurrency ideology 
and so I'm really curious how 

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you got to that point of 
understanding like what what 

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your process was to investigate 
cryptocurrencies and see them 

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structurally that way. 
Yeah, I actually started out by 

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reading a book that was Pro 
crypto because like Even though 

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my gut feeling was quite anti 
crypto, I did want to get the 

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other side of the story. 
So I started out with a book, by

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George Gilder. 
I don't know if you know who he 

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is. 
Oh wait. 

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Yes, the libertarian guy. 
Yeah. 

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But when I read the book, I 
decided not to look him up after

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I'd read the book because I 
didn't want my opinion of the 

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book to be, you know, be weighed
on who he was and then I and 

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then I looked over after I was 
like oh a lot of things, really 

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make sense now. 
But yeah, I read his book anyway

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and he basically Tries to make 
the argument that blockchain is 

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the answer to loads of problems,
but he's like so vague. 

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He doesn't like, he doesn't 
explain how exactly, you know, 

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an append-only database is meant
to solve all of the world's 

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problems, but for some reason, 
he thinks it is and it's a lot 

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of it's, like, based on how 
Google and Facebook aren't 

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aren't building, AI models, very
well, and would be able to do 

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that a lot better on the 
blockchain, and that kind of got

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me into the into into thinking 
about like what the real. 

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It's all behind this and how 
it's probably all about data. 

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So I kind of went down that 
route from reading that book, 

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really because yeah, it's all 
about sort of like they these 

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texts Silicon Valley people 
there looking like decades into 

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the future and they're thinking,
where's the world going? 

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And they're thinking democracy 
isn't working because it because

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in a way, it isn't the world's 
getting way too complicated for 

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people to vote based on on 
things that they know about. 

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It's the world's too 
complicated. 

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We don't we don't know. 
Who the best person is to vote 

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for. 
So they're thinking, well, the 

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future of the world is going to 
be based on algorithms, not on, 

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not on democracy. 
And so, that's the way they see 

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going forward. 
They need some way to collect as

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much data as possible to be able
to run their society on 

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algorithms basically is how I 
see it. 

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One thing you said there, that 
was interesting to me and it 

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reminded me of your GB news. 
Video is your comment about how 

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they're investing and 
potentially a very different 

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time. 
And they're even okay with many 

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of the ventures failing, as long
as they nudge certain other 

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things in the direction they 
want exactly like people's mind 

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mindset. 
Yeah, exactly. 

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And so, like with 
cryptocurrency, I think that's 

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potentially a striking example 
of that because even if none of 

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the projects are successful, 
they've started seeding a lot of

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young people with these very 
Austrian economics, libertarian 

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ideas and it started to shift 
those mindset. 

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So, they've gotten that benefit 
now. 

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Even if the projects are 
completely unsuccessful. 

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Yeah, that's exactly it as well.
And even if the projects are 

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successful it's not like many of
them are losing money anyway 

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because as long as they get 
people to buy into crypto, 

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whatever projects they do their 
successful doesn't matter if 

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they provide value or not, as 
long as the People by crypto. 

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I mean, yeah, it's a cloud. 
I mean, it's a classic. 

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It's also a classic as Bennett 
said, classic Overton. 

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It's like an Overton window 
thing. 

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Like if you just push everybody 
to think well, Austrian 

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economics makes sense. 
Like that part makes sense to me

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that Then I can, then you can 
just push forward, a bunch of 

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other horrible ideas. 
So so I definitely see that as 

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being a huge part of it, but I 
do want to jump back into 

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something that you initially 
started with which is you 

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started your YouTube career, 
going after these MLM scams and 

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and people like Tony Robbins and
Gary Vee and you seem to believe

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that there's this overarching, 
thematic psychology between all 

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of these. 
These topics that you've 

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selected so far. 
I'm wondering how you feel like 

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web 3 falls into that 
psychology. 

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Like what is the psychology that
you see kind of what's the 

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Insidious psychology of web 30? 
Hmm, it's like kind of a cult 

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mentality, really? 
It's what works really well is 

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providing people with a bit with
like, a salvaged from the 

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really, like, complicated and 
gray world with new on. 

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Is and things. 
They can't control that they 

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don't understand. 
And somebody comes along with 

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them and saying, actually, the 
world isn't gray, the world is 

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black and white. 
And I've got the rules and 

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they're clearly written out. 
And if you just follow these 

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rules, then everything will be 
fine. 

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And I think that's, that's a 
really attractive thing these 

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days because a lot of people are
getting messed around by 

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capitalism and all of that and 
they don't have a lot of money 

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and they see the world as it's 
really complicated thing that 

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they do. 
Have control over anymore. 

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And you know, there's a lot of 
the marketing around crypto is 

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Take Back Control. 
And I saw the exact same thing 

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with like the brexit campaign 
over here, like Take Back 

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Control of your country, a lot 
of the world like sovereignty 

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being thrown a thrown around a 
hell of a lot. 

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When it doesn't really mean that
at all, you don't like, you 

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don't have control over your own
data on the blockchain. 

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Like the people who have control
over the data or the company, 

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that collects it, not you like 
sure, you sure you can choose to

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have your data on the Block. 
But it's like we'll get to a 

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point that they will build this 
world where it's like literally 

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impossible for you to function 
without putting your data on the

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blockchain. 
So it's like they still have 

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control. 
You don't have any control over 

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this till it's just a marketing 
campaign. 

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Basically, one interesting 
difference that I can hear 

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already ringing in my head 
between what you're talking 

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about. 
So if we talk about, like, 

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Rachel Hollis, or Tony Robbins, 
or whoever, you know, you've 

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done other videos on those kind 
of people or our bond, or these 

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other MLM kind of cult The 
things they always argue that 

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they are not a cult, they're not
a religion. 

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They are a, the, they're a 
business, or their marketing 

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firm or they're helping people 
or whatever. 

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But I think now, that 
cryptocurrency has largely 

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embraced, the cult title, the 
religious cult. 

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Like, yeah, we are a cult join 
in its day. 

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Isn't that cool? 
And I'm wondering if that's 

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almost more. 
Div then those other kind of MLM

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psychological scams. 
Yeah, I think that, well, it is 

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a corporate house like because 
it's got a monetary aspect to 

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it. 
It's very, very powerful and I 

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saw that with Eminem's like, as 
soon as somebody promises you 

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riches. 
It's, you know, people are so 

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much more likely to just go 
along with whatever whatever 

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they say, you know, it's kind of
like a, it's a blurry line, 

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00:15:27,400 --> 00:15:29,300
isn't it? 
Like when something crosses over

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into To what is a call to what 
isn't. 

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00:15:31,200 --> 00:15:34,900
But, but the whole like the way 
that they sort of dismiss any 

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00:15:34,900 --> 00:15:37,600
criticism is like, they've even 
got word for it Fudd. 

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00:15:37,800 --> 00:15:39,800
I mean, that's that's called T 
in itself. 

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00:15:39,900 --> 00:15:43,300
As soon as the person starts 
saying like to ignore the people

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00:15:43,300 --> 00:15:46,600
who are like being - I think 
that's quite cool t as well 

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00:15:46,600 --> 00:15:48,200
because they just call it like 
negativity. 

289
00:15:48,200 --> 00:15:50,200
It's not, you know, legitimate 
criticism. 

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00:15:50,200 --> 00:15:52,400
It's just - a tea. 
Like, that's when it sort of 

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starts crossing over into a cult
cult land, and, yeah, I saw the 

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00:15:56,100 --> 00:15:58,800
same thing with like, Tony 
Robbins and Rachel Hollis. 

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00:15:58,800 --> 00:16:01,700
I don't know if I Will they do a
cult but it's definitely cold. 

294
00:16:01,700 --> 00:16:04,300
Like, yeah. 
When thing you discussed in your

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00:16:04,308 --> 00:16:07,800
video, which was particularly 
interesting to me, was the 

296
00:16:07,900 --> 00:16:11,600
intersection between 
cryptocurrencies and influencer 

297
00:16:11,600 --> 00:16:14,300
culture. 
Do you want to talk about a 

298
00:16:14,308 --> 00:16:16,600
little bit with that 
intersection of the Venn diagram

299
00:16:16,600 --> 00:16:22,200
looks like? 
Yeah, it's it's just very 

300
00:16:22,500 --> 00:16:26,300
disappointing to see. 
So many influences, come out 

301
00:16:26,300 --> 00:16:30,900
with rug pulls basically, like, 
just It just learning that this 

302
00:16:30,900 --> 00:16:32,700
is, this is what they think of 
their fans. 

303
00:16:32,700 --> 00:16:35,200
This is what they think of the 
people who look up to them. 

304
00:16:35,200 --> 00:16:37,900
It's really, yeah, it's really 
disappointing to see so many 

305
00:16:37,900 --> 00:16:41,500
people like that, but even then,
like, you see that their fans at

306
00:16:41,500 --> 00:16:44,800
like these people will pull rope
pulls on them, and then even 

307
00:16:44,800 --> 00:16:46,900
after they've done the rug 
pulled, they still love them. 

308
00:16:47,100 --> 00:16:50,500
They're like oh it's not their 
fault, they just lost confidence

309
00:16:50,500 --> 00:16:53,900
in the project they worked 
really hard on it and it's like 

310
00:16:53,900 --> 00:16:57,600
it's it's really hard to get 
them to see the light when yeah 

311
00:16:57,600 --> 00:17:00,900
that brings up your I don't I 
still to this day, don't 

312
00:17:00,900 --> 00:17:03,900
understand this Gary Vee for 
anyone who's unfamiliar, you 

313
00:17:03,900 --> 00:17:06,500
know, bless your heart. 
And I hope you never have to 

314
00:17:06,500 --> 00:17:11,000
find out who he is. 
But very V is a, I don't know 

315
00:17:11,000 --> 00:17:14,400
what to call him, a venture 
capitalist Market or having a 

316
00:17:15,200 --> 00:17:18,900
primarily an angel investor. 
So he'll go up to companies you 

317
00:17:18,900 --> 00:17:23,500
know the very start and drop 
like Millions into it or however

318
00:17:23,500 --> 00:17:26,900
much and yeah, he'll do that 
across like a load load of 

319
00:17:26,900 --> 00:17:29,500
different startups. 
Like even some terrible ones. 

320
00:17:29,800 --> 00:17:32,000
And then as soon as one does 
really well, he's like, see 

321
00:17:32,100 --> 00:17:33,800
look, I was right. 
I was right. 

322
00:17:33,800 --> 00:17:38,200
Then he basically uses that to 
like base his entire career off.

323
00:17:38,800 --> 00:17:42,000
Well, I heard him. 
There's a video going around. 

324
00:17:42,200 --> 00:17:44,600
I don't know yesterday the day 
before something like that, 

325
00:17:44,600 --> 00:17:49,600
where it's Gary Vee on some 
podcast, and they're like, well,

326
00:17:49,600 --> 00:17:52,400
you're not saying NF teaser the 
future, right? 

327
00:17:52,400 --> 00:17:54,400
And he's like, yeah, yeah, no, 
no, I'm not saying any of 

328
00:17:54,400 --> 00:17:55,900
teaser, the future. 
I'm not saying I've teaser the 

329
00:17:55,900 --> 00:17:58,300
future, I'm saying that, you 
know, I'm going to invest in 

330
00:17:58,308 --> 00:17:59,500
like a hundred different 
entities. 

331
00:17:59,800 --> 00:18:02,400
And and one of these, one of 
these is going to make it, one 

332
00:18:02,400 --> 00:18:06,000
of these is going to be huge and
you're just like, oh first of 

333
00:18:06,000 --> 00:18:11,300
all sharp off second. 
It's such a angel investor VC 

334
00:18:11,300 --> 00:18:14,900
hedge fund State of Mind where 
it's like yeah poorest guys 

335
00:18:14,900 --> 00:18:15,900
pores. 
Listen up. 

336
00:18:15,900 --> 00:18:17,700
I just want to tell you how you 
how you're going to make it, 

337
00:18:17,900 --> 00:18:21,400
take your money, all your money.
See this new hip trendy thing 

338
00:18:21,400 --> 00:18:24,400
dump all your money into, like, 
a hundred different things that 

339
00:18:24,400 --> 00:18:28,100
are within that thing. 
So if it's, if it's a, I just 

340
00:18:28,100 --> 00:18:30,300
100 different, AI companies. 
He's one of them. 

341
00:18:30,300 --> 00:18:32,700
It's going to make you a million
dollars and that is the worst 

342
00:18:32,700 --> 00:18:37,100
fucking advice I've ever heard. 
He's got so much money, he can 

343
00:18:37,100 --> 00:18:41,100
afford the risk, whereas most of
the people he's talking to can't

344
00:18:41,100 --> 00:18:44,100
afford that risk. 
But he doesn't care care what 

345
00:18:44,100 --> 00:18:47,100
his his the poor people that 
he's talking to as we know 

346
00:18:47,100 --> 00:18:49,600
because he's had as you pointed 
out in your video. 

347
00:18:49,700 --> 00:18:52,700
He does like midnight phone 
calls with mr. 

348
00:18:52,700 --> 00:18:58,600
Beast and Logan, Paul and Rich 
famous people to tell them to 

349
00:18:58,600 --> 00:19:01,200
buy board. 
Oops, it's the most cringe 

350
00:19:01,200 --> 00:19:05,300
inducing thing I've seen, but 
he's still popular and he's 

351
00:19:05,300 --> 00:19:09,700
still like has resonance in not 
just the cryptocurrency space. 

352
00:19:09,700 --> 00:19:12,800
I think like I think like 
Silicon Valley likes this guy 

353
00:19:12,800 --> 00:19:17,100
still, I think the other hedge 
fund people seem to still think 

354
00:19:17,100 --> 00:19:21,400
he's somehow knowledgeable. 
I I just don't understand 

355
00:19:21,400 --> 00:19:24,700
exactly what's going on there 
but he's not the only one he's 

356
00:19:24,700 --> 00:19:29,100
like a common personality type 
in cryptocurrency, right? 

357
00:19:29,100 --> 00:19:32,300
These guys Are like drawn to 
this space or if knowing that 

358
00:19:32,300 --> 00:19:35,500
Gary was an angel investor in 
coinbase, and he's probably 

359
00:19:35,500 --> 00:19:37,900
making a hell of a lot of money 
out of that. 

360
00:19:37,900 --> 00:19:40,300
He's probably got a lot of 
Investments that, that really 

361
00:19:40,300 --> 00:19:43,800
hinge on him being able to make 
crypto a really successful 

362
00:19:43,800 --> 00:19:45,700
thing. 
He's got many vested interests 

363
00:19:45,700 --> 00:19:48,400
in making crypto. 
Yeah, really popular. 

364
00:19:48,600 --> 00:19:52,300
But yeah, in much the same way. 
I think Gary comes up to a lot 

365
00:19:52,300 --> 00:19:55,300
of people with a really simple 
answer to, of how to get rich, 

366
00:19:55,300 --> 00:19:57,500
which is just worked, really 
hard work all the time. 

367
00:19:57,500 --> 00:20:01,300
It's like on what Gary work on. 
But he's just, he won't say he's

368
00:20:01,300 --> 00:20:05,100
extremely vague about 
everything, you should sell your

369
00:20:05,100 --> 00:20:07,600
neighbors, the flowers, you 
pulled out of the road flower 

370
00:20:07,600 --> 00:20:10,400
bed, that's how you me and this 
world. 

371
00:20:11,000 --> 00:20:14,100
Yeah but I think that called 
Cass you're talking about is 

372
00:20:14,200 --> 00:20:18,400
like a really good example of a 
lot of the problems when 

373
00:20:18,500 --> 00:20:21,600
influencer culture hits and ft 
and crypto culture, right? 

374
00:20:21,800 --> 00:20:24,000
Because they're on this call. 
And you've got Jake Paul and all

375
00:20:24,000 --> 00:20:27,300
these other dumbasses 
discussing, how, they think it's

376
00:20:27,300 --> 00:20:30,200
important that people begin 
investing in these NF teas that 

377
00:20:30,200 --> 00:20:32,200
they got this call from Gary 
vaynerchuk. 

378
00:20:32,200 --> 00:20:34,300
And there's all these 
billionaires on the line and 

379
00:20:34,300 --> 00:20:36,200
they're being told that this is 
the next big thing. 

380
00:20:36,200 --> 00:20:38,900
And so if you want to get in on 
this next big thing, you need to

381
00:20:38,900 --> 00:20:41,700
invest and they keep talking for
a minute longer and you hear one

382
00:20:41,700 --> 00:20:44,400
of them go. 
Oh yeah, one of them asks I 

383
00:20:44,400 --> 00:20:45,200
think it was mr. 
Bass. 

384
00:20:45,400 --> 00:20:47,900
So what's your rarest? 
Punk. 

385
00:20:47,900 --> 00:20:49,600
And he goes. 
Logan, Paul Logan. 

386
00:20:49,600 --> 00:20:51,600
Paul says what's your rarest 
ape? 

387
00:20:51,600 --> 00:20:54,400
Or whatever it is? 
He says, oh I already have been 

388
00:20:54,400 --> 00:21:01,600
so no idea. 
These characteristics were 

389
00:21:01,900 --> 00:21:04,300
people. 
Yeah, he's so yeah, mr. 

390
00:21:04,300 --> 00:21:07,400
B's like sold him straight away 
for all the friends. 

391
00:21:07,400 --> 00:21:09,400
He said, so like be friends, 
right? 

392
00:21:09,400 --> 00:21:12,700
Yeah. 
So obviously like Gary Vee had 

393
00:21:12,700 --> 00:21:15,200
another call with him and he was
like, you know what, the next 

394
00:21:15,200 --> 00:21:21,200
best thing is after these Apes, 
it's my scribbles and yeah, this

395
00:21:21,200 --> 00:21:23,200
is depressing, that it works so 
well. 

396
00:21:23,200 --> 00:21:26,100
Like, even on someone like mr. 
Beast, who is obviously like not

397
00:21:26,100 --> 00:21:27,600
the most stupid person in the 
world. 

398
00:21:27,600 --> 00:21:30,000
Like, yeah. 
It's Crazy. 

399
00:21:30,700 --> 00:21:35,100
And it is, it's funny to me that
in order for Gary Vee to have 

400
00:21:35,100 --> 00:21:37,100
friends, he had to meant them on
the blockchain. 

401
00:21:38,200 --> 00:21:42,100
It's it's just like you said, 
really disappointing to see so 

402
00:21:42,100 --> 00:21:45,700
many people just in such an 
outright and public way. 

403
00:21:45,800 --> 00:21:48,900
Try to take advantage of their 
fans in the influence they've 

404
00:21:48,900 --> 00:21:52,200
developed and then one of the 
things that's interesting like 

405
00:21:52,300 --> 00:21:55,700
we keep mentioning Gary fee and 
it's because he's got a certain 

406
00:21:56,500 --> 00:21:59,300
enthusiasm that makes him hard 
to ignore. 

407
00:21:59,600 --> 00:22:02,400
And like so when he was coming 
out with his most recent book, 

408
00:22:02,400 --> 00:22:05,100
if you wanted to get on the wait
list for the nft project that 

409
00:22:05,100 --> 00:22:09,200
was not coming after that book, 
you have to buy 12 physical 

410
00:22:09,200 --> 00:22:11,100
copies. 
Yeah. 

411
00:22:11,100 --> 00:22:15,700
And then you could buy the NFC I
think in your video mooncat you.

412
00:22:15,700 --> 00:22:19,900
Did you show someone who 
literally tweeted garyvee? 

413
00:22:19,900 --> 00:22:23,700
This book is fire and was 
burning a copy of the book. 

414
00:22:25,000 --> 00:22:27,800
He retweeted that tweet. 
Am I getting that right? 

415
00:22:28,500 --> 00:22:31,500
He liked it. 
Yeah, I know. 

416
00:22:34,600 --> 00:22:38,600
What is going on? 
It's this is just like it's just

417
00:22:38,600 --> 00:22:41,700
like capitalism on crack I think
just like you've come, you've 

418
00:22:41,700 --> 00:22:45,200
completely removed any value 
from what you're selling at this

419
00:22:45,200 --> 00:22:48,200
point, you're telling people to 
buy 12 of your books. 

420
00:22:48,200 --> 00:22:52,600
Why why it is doesn't matter? 
You get a free jpg. 

421
00:22:52,600 --> 00:22:57,300
Like, that's that's the point 
we've got to and that even a 

422
00:22:57,300 --> 00:22:59,500
free jpeg, right? 
You get the right to buy the 

423
00:22:59,500 --> 00:23:02,200
cheap pigs, but follows, but he 
doesn't. 

424
00:23:02,200 --> 00:23:03,700
He doesn't pump those ones with 
low. 

425
00:23:03,900 --> 00:23:05,500
Paula mr. 
Beast. 

426
00:23:05,500 --> 00:23:07,400
Right. 
You're just the retail plea, 

427
00:23:07,400 --> 00:23:10,500
buying into it, it's theirs. 
Yeah, yeah. 

428
00:23:10,500 --> 00:23:14,300
This is so frustrating to me 
because not only are we talking 

429
00:23:14,300 --> 00:23:19,300
about like Gary Vee and these 
dumb nft things but like a lot 

430
00:23:19,300 --> 00:23:21,300
of this has been an issue 
always. 

431
00:23:21,300 --> 00:23:26,600
So if you go back far enough, 
like sometimes sending Bitcoin 

432
00:23:26,600 --> 00:23:31,300
can cost too much money for a 
poor person to be able to send a

433
00:23:31,300 --> 00:23:33,500
Bitcoin. 
And so when you start talking 

434
00:23:33,500 --> 00:23:36,500
about, Like wanting this to be 
the future of Finance. 

435
00:23:36,500 --> 00:23:42,000
But then also, we want to bank 
the unbanked, but then also poor

436
00:23:42,000 --> 00:23:42,800
people. 
Sorry. 

437
00:23:42,800 --> 00:23:45,900
Like you can't really use this 
protocol at all. 

438
00:23:46,000 --> 00:23:49,000
Like the whole thing is just a 
giant. 

439
00:23:49,000 --> 00:23:51,400
Yeah, but that's another thing. 
I did not actually mention is 

440
00:23:51,400 --> 00:23:54,800
the way that you can only get 
certain entities, if you can pay

441
00:23:54,800 --> 00:23:58,800
enough gas fees to to buy them. 
Like you're not only bidding on 

442
00:23:58,800 --> 00:24:02,100
the nft, you're bidding on the 
gas phase to get the nft faster 

443
00:24:02,100 --> 00:24:04,500
than somebody else. 
It's like Whole thing is just 

444
00:24:04,500 --> 00:24:08,500
coded to to reward rich people 
and that's it. 

445
00:24:08,500 --> 00:24:12,700
And you even get into that which
again I really appreciated in 

446
00:24:12,700 --> 00:24:17,000
this piece of media like how 
that even matters at the 

447
00:24:17,000 --> 00:24:20,400
consensus and protocol level. 
Like you talked about how in 

448
00:24:20,400 --> 00:24:23,800
proof of State coins. 
Your influence is in effect, 

449
00:24:23,800 --> 00:24:26,800
directly proportional to how 
much steak you control. 

450
00:24:26,800 --> 00:24:31,800
And this is true for a variety 
of so-called doubts and stuff 

451
00:24:31,800 --> 00:24:34,500
where you're voting is 
proportional to How many tokens 

452
00:24:34,500 --> 00:24:38,600
you can put up? 
And it is very common for 

453
00:24:38,600 --> 00:24:43,700
cryptocurrency to reinvent. 
This kind of plutocracy where 

454
00:24:43,700 --> 00:24:47,800
the richest and most powerful 
get all of this control. 

455
00:24:48,200 --> 00:24:49,800
Yeah. 
I mean they kind of sell proof 

456
00:24:49,800 --> 00:24:54,300
of stake. 
Is it being even less likely for

457
00:24:54,300 --> 00:24:58,400
a 51% attack to happen? 
Because somebody needs to have 

458
00:24:58,400 --> 00:25:01,200
half of the currency on the 
blockchain to be able to do it. 

459
00:25:01,200 --> 00:25:05,200
But if you sort of extrapolate 
like, Think about how crucial 

460
00:25:05,200 --> 00:25:09,800
state would start and how 
because you get rewarded. 

461
00:25:10,000 --> 00:25:13,500
Like, you have to have 32 eith 
to even buy in to be a 

462
00:25:13,500 --> 00:25:15,900
validator. 
I'm proof of stake and then like

463
00:25:15,900 --> 00:25:18,200
the more, the more blocks you 
validate, the more money you 

464
00:25:18,200 --> 00:25:21,800
make and that just extrapolates 
into the future of rewarding 

465
00:25:21,800 --> 00:25:25,300
richer people with more 
cryptocurrency and like if you 

466
00:25:25,300 --> 00:25:29,100
look into the future that that 
absolutely means that you know, 

467
00:25:29,300 --> 00:25:32,700
only a few people could end up 
with half of them, half of the 

468
00:25:32,700 --> 00:25:34,300
money on the Block. 
Chain. 

469
00:25:34,300 --> 00:25:37,500
This this is at, this is 
actually even exacerbated in 

470
00:25:37,500 --> 00:25:42,500
aetherium because of their 
monetary policy after EIP 1559 

471
00:25:42,800 --> 00:25:44,700
which started burning the 
transaction fees. 

472
00:25:44,700 --> 00:25:47,800
Once the merge goes live, proved
a steak for etherium, it's 

473
00:25:47,800 --> 00:25:52,000
supposed to become deflationary.
So if you're staking your 

474
00:25:52,000 --> 00:25:54,800
receiving, the benefits from the
new coins, being issued, and 

475
00:25:54,800 --> 00:25:57,100
you're receiving the benefits, 
from all the transaction fees 

476
00:25:57,100 --> 00:25:59,900
being burned. 
So you've got two ways that your

477
00:25:59,900 --> 00:26:01,700
proportional control is 
increasing. 

478
00:26:01,700 --> 00:26:04,400
Will anyone who actually uses 
the network is Being there, 

479
00:26:04,700 --> 00:26:08,000
proportional control diluted 
out, which isn't great for a 

480
00:26:08,008 --> 00:26:11,500
long-term economic system, but 
does benefit you if you're an 

481
00:26:11,500 --> 00:26:14,300
early investor? 
Yeah, I mean this we've had 

482
00:26:14,300 --> 00:26:18,100
deflationary currencies in the 
past and they have benefited, 

483
00:26:18,100 --> 00:26:21,600
the people who originally had 
the most money and, you know, 

484
00:26:21,600 --> 00:26:25,700
and the rich, you know, like a 
liter class in the past have 

485
00:26:25,700 --> 00:26:28,500
said, oh well, the poor people 
really poor because they're lazy

486
00:26:28,800 --> 00:26:31,100
and I think like that would 
happen again. 

487
00:26:31,200 --> 00:26:33,700
Like, oh, it's your fault for 
not buying in. 

488
00:26:33,900 --> 00:26:35,200
Leo. 
It's your fault for not 

489
00:26:35,200 --> 00:26:37,200
building. 
Some kind of doubt like it's 

490
00:26:37,200 --> 00:26:39,300
already happening. 
I mean, that already happens. 

491
00:26:39,300 --> 00:26:42,000
It's such a common Trope that 
it's, it's not even annoying 

492
00:26:42,000 --> 00:26:43,300
anymore. 
It's just boring to me. 

493
00:26:43,300 --> 00:26:51,400
When people are, like, have fun 
staying porn, kind of dovetails 

494
00:26:51,400 --> 00:26:56,000
really nice with Gary V's Sigma 
grind, set mentality. 

495
00:26:56,100 --> 00:26:57,700
The best thing to do before 
tonight. 

496
00:26:57,700 --> 00:27:00,900
No privilege and work 20 hours a
day until you make it like me 

497
00:27:00,900 --> 00:27:03,600
and can buy the Jets. 
This is the other point that I 

498
00:27:03,600 --> 00:27:06,100
actually Sorry that I forgot 
that I wanted to make, but it's 

499
00:27:06,100 --> 00:27:09,200
funny that all three of us are 
sitting here talking about how 

500
00:27:09,200 --> 00:27:15,500
difficult it is for people who 
perhaps lack the capital to 

501
00:27:15,800 --> 00:27:18,000
join. 
Join the club join the party. 

502
00:27:18,100 --> 00:27:23,100
Because recently, a lot of us 
know coiners have been told to 

503
00:27:23,100 --> 00:27:26,500
check our privilege because we 
don't get it. 

504
00:27:26,500 --> 00:27:30,100
We're the ones who don't get it 
that Bitcoin etherium these, 

505
00:27:30,100 --> 00:27:33,700
these smart contracts and these 
these new Financial protocol 

506
00:27:33,800 --> 00:27:39,200
Al's are actually benefiting the
poor people, the most who need 

507
00:27:39,200 --> 00:27:44,100
it, the most and for me 
personally it's such a slight at

508
00:27:44,100 --> 00:27:48,500
what we do because we're clearly
not trying to rip people off, 

509
00:27:48,500 --> 00:27:49,600
you know? 
Yeah. 

510
00:27:49,600 --> 00:27:52,400
I mean like to be able to have 
the means to like, make content 

511
00:27:52,400 --> 00:27:55,300
like we do like you. 
Do you have to be privileged in 

512
00:27:55,300 --> 00:27:56,300
a way? 
Don't you like this? 

513
00:27:56,300 --> 00:27:59,100
They course, obviously, we're 
not, you know, on the red line 

514
00:27:59,100 --> 00:28:01,300
or whatever. 
But why does there always have 

515
00:28:01,300 --> 00:28:05,200
to be a monetary incentive to 
everything that you Do like, 

516
00:28:05,300 --> 00:28:08,500
obviously I want to be paid for 
making my video, like, this is 

517
00:28:08,500 --> 00:28:10,500
my job now. 
I don't have anything else that 

518
00:28:10,500 --> 00:28:13,000
I'm making money from, but like 
I get people saying to me, oh, 

519
00:28:13,000 --> 00:28:15,500
you're only doing this to make 
money like you do realize I 

520
00:28:15,508 --> 00:28:20,700
could have made way more money 
from Schilling crypto like I 

521
00:28:20,700 --> 00:28:24,400
have an audience, I could have 
used that to my advantage for 

522
00:28:24,400 --> 00:28:28,300
way, more money than for talking
against crypto, but they seem 

523
00:28:28,600 --> 00:28:31,000
they're in this mindset of 
everybody does everything to 

524
00:28:31,000 --> 00:28:34,000
make money and that's a really 
bad mindset to have like Like 

525
00:28:34,000 --> 00:28:37,700
some people don't just want to 
make money and I think that's 

526
00:28:37,700 --> 00:28:39,000
where I'm that's where I'm 
coming from. 

527
00:28:39,000 --> 00:28:41,600
Is this idea of like, will check
your privilege weirdo? 

528
00:28:41,600 --> 00:28:44,100
You're being, you're being a 
rich first. 

529
00:28:44,100 --> 00:28:46,000
First world creep, is what your 
being? 

530
00:28:46,000 --> 00:28:51,900
And I'm like, man, maybe the 
coiners who have been lucky and 

531
00:28:51,900 --> 00:28:57,600
made a lot of money from their 
early investment in a crapshoot,

532
00:28:58,100 --> 00:29:00,900
should check their privilege 
before they start telling all 

533
00:29:00,900 --> 00:29:03,700
the no coiners how they should 
identify. 

534
00:29:03,900 --> 00:29:07,400
Anjali and telling all the poor 
people in places like throughout

535
00:29:07,400 --> 00:29:10,600
Africa or let's say in El 
Salvador. 

536
00:29:11,000 --> 00:29:15,500
Yeah that they know what's best 
for them because I feel like 

537
00:29:15,500 --> 00:29:19,300
America or Britain or France or 
the Netherlands. 

538
00:29:19,600 --> 00:29:22,600
We've all had our chance to tell
them exactly how to run their 

539
00:29:22,600 --> 00:29:26,200
countries and run their run, 
their continents, and how to, 

540
00:29:26,200 --> 00:29:29,300
how to do things and we fucked 
it up really bad. 

541
00:29:29,500 --> 00:29:33,400
So maybe we should step back and
let them figure it out for 

542
00:29:33,400 --> 00:29:34,400
themselves. 
Selves. 

543
00:29:34,400 --> 00:29:36,400
Mmm. 
Yeah, it is sort of tie into 

544
00:29:36,400 --> 00:29:40,700
that whole Jack Dorsey thing 
with his very charitable 

545
00:29:40,700 --> 00:29:44,500
Endeavor of banking. 
The unbanked with an extremely 

546
00:29:44,500 --> 00:29:49,800
volatile, internet token, it's 
just doesn't make any sense at 

547
00:29:49,800 --> 00:29:51,800
all, does it? 
But I see that's a kind of 

548
00:29:51,800 --> 00:29:54,000
psychology and very rich people 
all the time. 

549
00:29:54,000 --> 00:29:58,900
They they really like to sort of
justify their incredible amounts

550
00:29:58,900 --> 00:30:02,600
of wealth by saying that they're
being charitable when actually 

551
00:30:02,600 --> 00:30:07,600
the That they do is charitable 
but they're so far removed from 

552
00:30:07,800 --> 00:30:11,100
what people actually need that. 
It's just not. 

553
00:30:11,100 --> 00:30:13,000
But they like to say that 
because it makes them look good 

554
00:30:13,000 --> 00:30:14,500
and it makes them feel better as
well. 

555
00:30:14,500 --> 00:30:17,300
I think so sure. 
And I also think that there's 

556
00:30:17,300 --> 00:30:21,000
tax be like, the tax benefits 
are so intense that I in my 

557
00:30:21,000 --> 00:30:22,400
mind. 
That's how rich people think 

558
00:30:22,400 --> 00:30:25,200
about charity is, they're like, 
yeah, when that much money, am I

559
00:30:25,200 --> 00:30:27,000
saving? 
Yeah. 

560
00:30:27,000 --> 00:30:29,500
Like when they when they set up 
like foundations and then and 

561
00:30:29,500 --> 00:30:31,900
then all of a sudden like in 
there Wikipedia profile it says 

562
00:30:31,900 --> 00:30:35,400
philanthropists like yeah. 
Yes, so get me started because I

563
00:30:35,400 --> 00:30:37,700
start go, I start going off. 
I start going up when I when I 

564
00:30:37,700 --> 00:30:40,600
think about Bill Gates donating 
to the Bill and Melinda Gates 

565
00:30:40,600 --> 00:30:42,400
Foundation. 
I understand me do some good 

566
00:30:42,400 --> 00:30:46,100
stuff but you're just like, 
yeah, what? 

567
00:30:46,100 --> 00:30:48,900
When it's like a when it when 
the foundation has a bald on it.

568
00:30:48,908 --> 00:30:51,400
That's just basically all of 
your friends who all think 

569
00:30:51,400 --> 00:30:53,200
right? 
Exact same way as you do. 

570
00:30:53,200 --> 00:30:54,900
It's basically another company 
isn't it? 

571
00:30:54,900 --> 00:30:57,000
That's all it is. 
None of these people are getting

572
00:30:57,000 --> 00:30:59,600
any less rich either. 
I should point out that like all

573
00:30:59,600 --> 00:31:02,000
the billionaires who are going 
to give away all their money 

574
00:31:02,100 --> 00:31:05,400
before they ever died, they Sure
do seem to still be topping the 

575
00:31:05,400 --> 00:31:09,000
billionaire list and cast. 
It's funny. 

576
00:31:09,000 --> 00:31:12,700
You mention that check your 
financial privilege thing 

577
00:31:12,700 --> 00:31:16,300
because the the foundation 
that's that that book is 

578
00:31:16,300 --> 00:31:19,600
supporting the hrf is of course,
another one of Peter thiel's 

579
00:31:19,600 --> 00:31:24,200
little projects because he's the
he's the largest human rights 

580
00:31:24,200 --> 00:31:27,400
Foundation, Peter teal fat, like
he helped me out is the largest 

581
00:31:27,400 --> 00:31:30,200
single donor behind a teacher, 
is Peter teal. 

582
00:31:31,800 --> 00:31:35,000
So just to connect that back. 
The beginning of the episode. 

583
00:31:35,000 --> 00:31:37,900
And now you can start to see why
I was so excited when I was 

584
00:31:37,900 --> 00:31:41,200
watching a when cats video 
because you caught that and a 

585
00:31:41,208 --> 00:31:44,600
lot of people missed some like 
How Deeply Peter teal is 

586
00:31:44,600 --> 00:31:50,400
embedded himself and like Blake 
Masters, his former CEO of teal,

587
00:31:50,400 --> 00:31:54,500
whatever is running for Senate. 
JD Vance is teal funded and like

588
00:31:54,500 --> 00:31:56,900
these same guys are the ones 
getting all the crypto money and

589
00:31:56,900 --> 00:32:00,000
support from the crypto packs 
because it's all United 

590
00:32:00,000 --> 00:32:03,600
ideological e around this idea 
of creating which I thought 

591
00:32:03,800 --> 00:32:05,600
Analogy. 
In case you came up with of like

592
00:32:05,600 --> 00:32:09,800
this digital decentralized, see 
stead was really accurate, they 

593
00:32:09,800 --> 00:32:14,300
want this place where they can 
transact act and create free of 

594
00:32:14,400 --> 00:32:19,900
any regulatory supervision and 
so they're doing that by 

595
00:32:20,000 --> 00:32:23,700
weakening the places that still 
have regulatory supervision and 

596
00:32:23,700 --> 00:32:26,600
trying to come up with systems 
that are increasingly hard to 

597
00:32:26,600 --> 00:32:28,400
regulate, yeah. 
What? 

598
00:32:28,400 --> 00:32:31,300
Yeah, when I read about Peter, 
Tales plan to see status, just 

599
00:32:31,300 --> 00:32:33,600
like I'm have to do a whole 
video on seized. 

600
00:32:33,700 --> 00:32:37,100
Earning because it's like, cut 
like half scary and half 

601
00:32:37,100 --> 00:32:38,400
hilarious. 
At the same time. 

602
00:32:38,500 --> 00:32:42,900
Like, they haven't got very far 
with it yet in like the father 

603
00:32:42,900 --> 00:32:46,500
so that they've got is like 
this, what 5 meter Square plinth

604
00:32:46,500 --> 00:32:47,900
in the middle of the sea 
somewhere. 

605
00:32:48,000 --> 00:32:50,900
Well, and there was also a group
of bitcoiners who purchased a 

606
00:32:50,900 --> 00:32:54,200
cruise ship to start their own. 
See stead, but like the same 

607
00:32:54,200 --> 00:32:55,800
person. 
Wait, this is the same person 

608
00:32:55,800 --> 00:32:58,400
who got arrested in, or almost 
got arrested, and, and 

609
00:32:58,400 --> 00:33:01,200
essentially, executed in 
Thailand, but yeah, go on. 

610
00:33:01,300 --> 00:33:03,600
All right, they forgot to do 
things. 

611
00:33:03,800 --> 00:33:08,700
Like get insurance, make sure 
the ship was registered pay for 

612
00:33:08,700 --> 00:33:13,200
fuel and so we ended up like 
stranded off the coast of Mexico

613
00:33:13,200 --> 00:33:15,700
or something. 
Without any fuel needed to get 

614
00:33:15,700 --> 00:33:19,000
like rescued back to the 
mainland because they're little,

615
00:33:19,000 --> 00:33:22,400
seasteading Adventure had ended 
disastrously, then there was 

616
00:33:22,400 --> 00:33:24,500
like a whole big legal case 
because the group that bought 

617
00:33:24,500 --> 00:33:28,400
the boat had no money to deal 
with it and whoever it was 

618
00:33:28,400 --> 00:33:31,300
didn't want the boat a few miles
off their Coast anymore. 

619
00:33:31,900 --> 00:33:33,500
Yeah. 
It always ends up. 

620
00:33:33,700 --> 00:33:36,600
Like I said, yeah, and soap a 
few miles of someone's coast and

621
00:33:36,600 --> 00:33:38,900
then whoever's Coast. 
It is they just like I don't 

622
00:33:38,900 --> 00:33:42,600
want the all these rich old 
white men here just avoiding 

623
00:33:42,600 --> 00:33:45,200
taxes. 
This is not beneficial to me at 

624
00:33:45,200 --> 00:33:46,700
all. 
A lot of people in my comments. 

625
00:33:46,700 --> 00:33:49,300
So we're talking about the game 
Bioshock. 

626
00:33:49,500 --> 00:33:51,500
The saying how it's very similar
to that. 

627
00:33:51,700 --> 00:33:53,500
I've never played like Bioshock 
before. 

628
00:33:53,500 --> 00:33:57,200
I had no idea existed but 
Bioshock is fun but Jacques. 

629
00:33:57,200 --> 00:33:58,900
Yeah. 
Apparently doesn't end well in 

630
00:33:58,900 --> 00:34:02,900
BioShock his way it's fun. 
Yeah, it's funny that you bring 

631
00:34:02,900 --> 00:34:06,000
up seasteading It's like, I 
think seasteading was a more 

632
00:34:06,000 --> 00:34:12,400
popular concept, maybe five 
years ago, where people really 

633
00:34:12,400 --> 00:34:15,400
believed this idea of like, 
okay, we'll just build our own 

634
00:34:15,400 --> 00:34:18,000
island of manmade materials. 
It'll be great. 

635
00:34:18,100 --> 00:34:20,100
And then, and then they started 
trying it. 

636
00:34:20,100 --> 00:34:22,900
And they're like, oh, wow. 
Not only is this way harder than

637
00:34:22,900 --> 00:34:24,900
I thought it was going to be. 
It sucks. 

638
00:34:24,900 --> 00:34:27,000
This is not fun and nobody 
enjoys it. 

639
00:34:27,000 --> 00:34:31,100
So I think that's died back. 
But in its place, we've now got 

640
00:34:31,100 --> 00:34:36,300
like crypto islands and And and 
like places that Bennett and I 

641
00:34:36,300 --> 00:34:42,100
have gone to like in Reno where 
you have millionaires with egos 

642
00:34:42,199 --> 00:34:45,100
bigger than their millions of 
dollars that they have being 

643
00:34:45,100 --> 00:34:46,600
like, you know what we're gonna 
do. 

644
00:34:47,000 --> 00:34:50,400
We're just going to turn this 
desert into a blockchain Utopia.

645
00:34:50,600 --> 00:34:55,800
And you're like one, how to why 
blockchain, what does that have 

646
00:34:55,800 --> 00:34:57,800
to do with changing everything 
here? 

647
00:34:57,800 --> 00:34:59,600
And there, like just trust me on
this. 

648
00:34:59,600 --> 00:35:02,900
I got this. 
Yeah, if crypto and actually was

649
00:35:02,900 --> 00:35:04,900
successful. 
That's quite scary to think 

650
00:35:04,900 --> 00:35:07,200
about the website, still open 
everything. 

651
00:35:07,200 --> 00:35:09,600
I know the sale of the island 
didn't go through but it seems 

652
00:35:09,600 --> 00:35:12,500
like the whole project hasn't 
been abandoned these things, 

653
00:35:12,500 --> 00:35:14,700
just go. 
They just they just Linger on 

654
00:35:14,700 --> 00:35:17,200
forever. 
I mean, you can you can go back 

655
00:35:17,300 --> 00:35:19,600
one of the ones I've been 
talking about a lot lately 

656
00:35:19,600 --> 00:35:25,500
because I think Max Keiser is a 
Russian propaganda tool and a 

657
00:35:25,500 --> 00:35:29,400
bad human being Max. 
Keiser famously. 

658
00:35:29,400 --> 00:35:32,600
Did a helped start a coin called
Max coin? 

659
00:35:33,100 --> 00:35:36,100
That's still Oh exist, somehow, 
you know, you don't, you don't 

660
00:35:36,100 --> 00:35:40,200
understand how it's not like Max
Keiser has spoken about Max coin

661
00:35:40,200 --> 00:35:44,900
in 5 years or whatever, but it 
still is out there so people can

662
00:35:44,900 --> 00:35:47,000
still buy it if they want to, I 
guess. 

663
00:35:47,100 --> 00:35:50,200
But then people will argue that.
That's like that's the benefit 

664
00:35:50,200 --> 00:35:53,100
of the blockchain. 
It's immutable, it'll always 

665
00:35:53,100 --> 00:35:58,200
exist or whatever immutability 
is like one of my challenges And

666
00:35:58,200 --> 00:36:01,900
discussing cryptocurrency with 
people who own cryptocurrency is

667
00:36:01,900 --> 00:36:05,700
that like censorship? 
Resistance in immutability are 

668
00:36:05,700 --> 00:36:08,600
not without serious 
externalities, right? 

669
00:36:08,700 --> 00:36:12,200
Like there may be times when it 
is worthwhile or even good to be

670
00:36:12,200 --> 00:36:14,900
able to send a transaction. 
A government wants to stop 

671
00:36:15,000 --> 00:36:17,200
right? 
Or to be able to store it piece 

672
00:36:17,200 --> 00:36:20,100
of data that people don't want 
to be stored. 

673
00:36:20,100 --> 00:36:23,700
But the flip side of this is 
that it enables all the times. 

674
00:36:23,700 --> 00:36:26,900
You would want to stop that 
transaction or you desperately 

675
00:36:26,900 --> 00:36:31,200
would want to remove that data. 
Those are off the table, right? 

676
00:36:31,200 --> 00:36:34,300
And so, you end up with several 
companies, I've tried to do 

677
00:36:34,300 --> 00:36:37,400
social media on the blockchain, 
right twitch bit clout whatever,

678
00:36:37,400 --> 00:36:42,300
Dan Larimer is bullshit was and 
all of them ended up with this 

679
00:36:42,300 --> 00:36:48,300
problem where people started 
posting awful things, right? 

680
00:36:48,700 --> 00:36:52,600
The child exploitation on a Miss
Lee as well, right? 

681
00:36:52,900 --> 00:36:57,400
Yeah, animus lie. 
Yeah, that's a bad thing. 

682
00:36:57,400 --> 00:36:59,800
You don't want to social media 
account or social media, 

683
00:36:59,800 --> 00:37:03,100
platform full of revenge porn in
child exploitation. 

684
00:37:03,100 --> 00:37:05,100
Hmm. 
The only solution they've come 

685
00:37:05,100 --> 00:37:08,000
up with to solve that is to 
write like custom front ends 

686
00:37:08,000 --> 00:37:09,800
that don't show you part of the 
blockchain. 

687
00:37:09,800 --> 00:37:14,400
I just want to say that I think 
I would I would suspect that 

688
00:37:14,400 --> 00:37:19,200
cryptocurrency Bros would argue 
that all of that stuff exists in

689
00:37:19,200 --> 00:37:22,400
our world as is so like 
Facebook. 

690
00:37:22,400 --> 00:37:25,800
There's a ton of child 
exploitation stuff on Facebook 

691
00:37:25,800 --> 00:37:33,800
and on Google Images that is 
hidden by just by putting In the

692
00:37:33,808 --> 00:37:37,700
right, Search terms or whatever.
And I mean there's there's truth

693
00:37:37,700 --> 00:37:40,000
to that I think they also would 
argue that like all the 

694
00:37:40,000 --> 00:37:43,600
financial Financial - stuff that
are like, let's say our 

695
00:37:43,600 --> 00:37:46,800
government or these rich people 
do, you could see it on the 

696
00:37:46,800 --> 00:37:49,000
blockchain, wouldn't that be so 
much better? 

697
00:37:49,000 --> 00:37:51,300
Isn't this? 
The transparent version of what 

698
00:37:51,300 --> 00:37:54,700
we're criticizing? 
So I'd be interested to hear. 

699
00:37:54,700 --> 00:37:56,200
Actually both of your thoughts 
on that. 

700
00:37:56,400 --> 00:38:00,400
I was a reason that append-only 
databases have never been used 

701
00:38:00,400 --> 00:38:04,400
in a link businesses before. 
It's that there is a Things are 

702
00:38:04,400 --> 00:38:09,000
deleted sometimes and you don't 
don't always see that as some 

703
00:38:09,000 --> 00:38:12,800
sort of conspiracy of somebody 
trying to hide something from 

704
00:38:12,800 --> 00:38:15,400
you and it ties in really well 
with the whole like q and on 

705
00:38:15,400 --> 00:38:18,300
Pizza gate thing. 
Like, people are convinced that 

706
00:38:18,300 --> 00:38:20,700
there's some sort of secret 
cabal who were trying to hide 

707
00:38:20,700 --> 00:38:25,100
everything from you, but I don't
think the world works that well,

708
00:38:25,100 --> 00:38:28,800
like, I don't think people are 
able to keep secrets. 

709
00:38:28,800 --> 00:38:31,200
Yeah, keep secrets that well, 
and even if they did, they 

710
00:38:31,200 --> 00:38:36,000
wouldn't hide like coded clues 
about it in the public for 

711
00:38:36,000 --> 00:38:40,700
everybody to see. 
So like a very practical 

712
00:38:40,800 --> 00:38:43,700
Viewpoint. 
I delete things sometimes. 

713
00:38:44,200 --> 00:38:46,900
Tweets I put out and then as 
soon as it actually posts, I 

714
00:38:46,900 --> 00:38:48,200
read it. 
And go, you know what? 

715
00:38:48,200 --> 00:38:49,900
I would rather no one else read 
what? 

716
00:38:49,900 --> 00:38:54,800
I just wrote and so I delete it 
right or back in college. 

717
00:38:55,000 --> 00:38:59,500
I wrote a book on intermittent 
fasting and then here to later 

718
00:38:59,500 --> 00:39:03,400
as I was reading more studies, I
was seeing increasing evidence 

719
00:39:03,400 --> 00:39:06,700
that That intermittent fasting 
is a diet was leading to an 

720
00:39:06,700 --> 00:39:08,900
increased incidence of Eating 
Disorders, right? 

721
00:39:09,000 --> 00:39:13,500
And so at that point, I removed 
my book from the marketplace and

722
00:39:13,500 --> 00:39:15,600
took down a lot of my posts and 
stuff like that. 

723
00:39:15,600 --> 00:39:19,300
And I was able to do that 
because I was able to go in and 

724
00:39:19,300 --> 00:39:21,900
delete the post and remove it 
from sale and do those things 

725
00:39:21,900 --> 00:39:24,700
because it wasn't immutable, 
right? 

726
00:39:24,700 --> 00:39:27,600
I thought it was potentially 
causing harm and so I was able 

727
00:39:27,600 --> 00:39:33,800
to stop it, mooncat to you see 
any Value whatsoever in any of 

728
00:39:33,800 --> 00:39:36,400
this stuff. 
Or do you think it's all just a 

729
00:39:37,000 --> 00:39:43,000
bottom-up top-down total trash? 
I did try really hard to find 

730
00:39:43,000 --> 00:39:48,800
some positives. 
I tried but like know if it was 

731
00:39:48,800 --> 00:39:52,800
if this was ever useful for 
anyone then it would only be 

732
00:39:52,800 --> 00:39:56,500
useful if we regulated it and if
we regulated in any way then all

733
00:39:56,500 --> 00:39:58,700
of a sudden it's just not 
decentralized at all. 

734
00:39:58,700 --> 00:40:01,400
Is its? 
I mean, it's not Sized. 

735
00:40:01,400 --> 00:40:04,400
Anyway, but it would be even 
less decentralized if we even 

736
00:40:04,400 --> 00:40:06,700
regulated it because there's got
to be someone who looks over 

737
00:40:06,700 --> 00:40:09,600
these regulations and decides on
them and if it was regulated, it

738
00:40:09,600 --> 00:40:11,800
would be better. 
But I don't think we'd end up 

739
00:40:11,800 --> 00:40:14,500
with a better system than what 
we have now. 

740
00:40:14,500 --> 00:40:18,900
And the system we have now is 
imperfect and obviously benefits

741
00:40:18,900 --> 00:40:24,900
the rich but it's it's a better 
system than the blockchain. 

742
00:40:25,000 --> 00:40:27,500
And I think we just need to try 
and push forward with the 

743
00:40:27,508 --> 00:40:31,200
policies that we've built over 
the past few centuries. 

744
00:40:31,300 --> 00:40:35,600
Trees and not roll them back his
my general thoughts on it. 

745
00:40:35,900 --> 00:40:39,100
Are you at all concerned with, 
like people in cryptocurrency 

746
00:40:39,100 --> 00:40:41,800
are constantly concerned about 
government overreach? 

747
00:40:41,800 --> 00:40:45,000
They're constantly concerned 
about your privacy and your 

748
00:40:45,000 --> 00:40:46,700
rights. 
They're constantly concerned 

749
00:40:46,700 --> 00:40:51,100
about a lot of issues that 
aren't necessarily our primary 

750
00:40:51,100 --> 00:40:57,400
issues, but I wonder if you see 
truth to that and what what you 

751
00:40:57,400 --> 00:40:59,800
would hope if you do see any 
truth to that. 

752
00:40:59,800 --> 00:41:01,500
I mean, if you say no, then 
Cool. 

753
00:41:01,500 --> 00:41:04,100
But if you do see any truth to 
that what you would hope to see 

754
00:41:04,100 --> 00:41:07,400
as a solution to watch the to 
government, having some sort of 

755
00:41:07,408 --> 00:41:09,500
too much power? 
Yeah, sure. 

756
00:41:09,500 --> 00:41:12,200
Yeah. 
I do see that side of the 

757
00:41:12,200 --> 00:41:15,000
argument, like, you've got a 
fight against, you know, 

758
00:41:15,000 --> 00:41:17,500
totalitarianism in all of its 
forms. 

759
00:41:17,500 --> 00:41:20,600
But I think that in in 
government there's good actors 

760
00:41:20,600 --> 00:41:23,300
in those Bad actors. 
But like when you sort of 

761
00:41:23,300 --> 00:41:27,300
compare that with the three 
Market, you're literally seeing,

762
00:41:27,400 --> 00:41:29,700
well people who are only 
motivated by money. 

763
00:41:29,800 --> 00:41:32,100
No better. 
What's forces All righty then 

764
00:41:32,400 --> 00:41:35,700
then what government does and I 
think, yeah, in government 

765
00:41:35,700 --> 00:41:38,100
there's good and bad people. 
And I think about a system is to

766
00:41:38,100 --> 00:41:40,500
vote for the for who you think 
is the good people. 

767
00:41:40,900 --> 00:41:43,800
Because in that system, you 
know, at least no matter how 

768
00:41:43,800 --> 00:41:48,200
much money you have, you all 
have equal amount of say and you

769
00:41:48,200 --> 00:41:51,100
know in this world that they're 
proposing is subsequently 

770
00:41:51,100 --> 00:41:53,100
opposite of. 
That feels quite futile. 

771
00:41:53,200 --> 00:41:55,000
The alternative that you're 
talking about that. 

772
00:41:55,000 --> 00:41:57,300
They present, I guess. 
Yeah, it's quite scary to think 

773
00:41:57,300 --> 00:42:00,000
about where it where it could 
get even though this system we 

774
00:42:00,000 --> 00:42:02,300
have is pretty terrible. 
Well, yeah, it's that. 

775
00:42:02,300 --> 00:42:04,200
That one is much worse. 
I know people. 

776
00:42:04,200 --> 00:42:07,900
Sometimes, look at me askance 
when I start to say crypto wants

777
00:42:07,900 --> 00:42:11,100
to bring about a techno Neo 
feudalism and they say, no it 

778
00:42:11,100 --> 00:42:13,300
doesn't it once to unseat the 
man or whatever. 

779
00:42:13,500 --> 00:42:16,800
But when you actually listen to 
people who own cryptocurrency 

780
00:42:16,800 --> 00:42:20,400
discuss cryptocurrencies, 
they'll often basically admit 

781
00:42:20,400 --> 00:42:22,000
that that's what they want, 
right? 

782
00:42:22,000 --> 00:42:25,800
We'll talk about building their 
citadel's to keep people out or 

783
00:42:26,500 --> 00:42:29,500
say certain people aren't going 
to make it, which, of course, 

784
00:42:29,500 --> 00:42:31,100
leaves the question as to make 
it. 

785
00:42:31,600 --> 00:42:34,300
And if you ask them feel safe to
the Citadel to Financial 

786
00:42:34,300 --> 00:42:38,200
Freedom, to being a member of 
this future class. 

787
00:42:38,200 --> 00:42:42,900
Like there is a tax of knowledge
meant especially among Bitcoin 

788
00:42:42,900 --> 00:42:47,400
is, but among crypto is a whole 
that a probable end state is. 

789
00:42:47,400 --> 00:42:51,300
Feudalism is a bunch of people 
working for the moneyed few. 

790
00:42:51,600 --> 00:42:52,900
That's definitely where it would
end up. 

791
00:42:52,900 --> 00:42:54,500
If? 
Yeah, if there were no 

792
00:42:54,500 --> 00:42:57,800
regulations put on it at all. 
That's, that's for sure. 

793
00:42:57,800 --> 00:43:00,600
Where it would end up. 
I don't know if that will 

794
00:43:00,600 --> 00:43:02,800
happen. 
How likely that is to happen. 

795
00:43:02,800 --> 00:43:06,000
But yeah, I'm trying to say is I
don't want it to happen. 

796
00:43:06,300 --> 00:43:08,900
There's a lot of people under my
video, like, ha look, look back 

797
00:43:08,900 --> 00:43:10,700
on this video. 
In five years, you'll see how 

798
00:43:10,700 --> 00:43:13,400
wrong you were and it's like, 
well, you're happy about that. 

799
00:43:17,100 --> 00:43:18,100
Yeah. 
Yeah. 

800
00:43:18,100 --> 00:43:20,700
That's at that. 
I definitely feel that. 

801
00:43:20,700 --> 00:43:23,700
And that again, we're coming 
full circle here and that it's 

802
00:43:23,700 --> 00:43:27,700
like these same people who are 
absolutely telling everybody 

803
00:43:27,700 --> 00:43:31,000
like, look, we're trying to help
the poorest of the poor people. 

804
00:43:31,300 --> 00:43:34,300
We're trying to bank the 
unbanked, and we're trying to 

805
00:43:34,300 --> 00:43:38,700
just benefit society as a whole,
and then you say, hey, zoom out,

806
00:43:38,700 --> 00:43:42,200
like, you always tell us to do 
and, and look at what the future

807
00:43:42,200 --> 00:43:47,000
holds for you and your Bitcoin, 
as a world Reserve currency and 

808
00:43:47,000 --> 00:43:49,300
they just don't want to do that.
They don't want to see that. 

809
00:43:49,400 --> 00:43:53,300
They are bring bringing a 
thousand years of we roll in the

810
00:43:53,308 --> 00:43:55,300
clock back, a thousand years on 
finance. 

811
00:43:55,300 --> 00:44:00,700
Basically, it is also very like 
hypocritical to like, if you're 

812
00:44:01,200 --> 00:44:04,300
Investing all of your money into
Bitcoin or whatever crypto like 

813
00:44:04,300 --> 00:44:08,800
you're basically betting against
your own country's currency, 

814
00:44:08,800 --> 00:44:11,700
aren't you? 
And I don't think like these 

815
00:44:11,700 --> 00:44:14,800
people call themselves Patriots 
and I don't think that they 

816
00:44:14,800 --> 00:44:19,900
realized it's so hypocritical to
to bet against your own country 

817
00:44:19,900 --> 00:44:24,600
and then say that you love 
America it's like the Fiat 

818
00:44:24,900 --> 00:44:27,400
system when he system is 
basically they're saying it's 

819
00:44:27,400 --> 00:44:29,700
not backed up by anything and 
they're saying it's fake. 

820
00:44:29,900 --> 00:44:32,400
It's like do you realize that 
that The exact thing that's 

821
00:44:32,400 --> 00:44:34,800
holding your country together 
and making it stable. 

822
00:44:34,800 --> 00:44:38,100
It's you're saying it has no 
value and they everybody should 

823
00:44:38,100 --> 00:44:40,300
sell it. 
And let's do they not realize 

824
00:44:40,300 --> 00:44:43,900
white what that comes to like, 
you use it for sanctions to keep

825
00:44:43,900 --> 00:44:47,400
your your country secure, but 
they don't seem to realize like 

826
00:44:47,400 --> 00:44:50,300
the sort of cognitive dissonance
of all of that. 

827
00:44:50,600 --> 00:44:52,600
I had a 21 year old American 
tell me. 

828
00:44:52,600 --> 00:44:55,700
That Fiat is going to die and 
that I don't know what I'm 

829
00:44:55,700 --> 00:44:59,000
talking about and that get ready
for it essentially. 

830
00:44:59,000 --> 00:45:01,600
And I was like, man, I'm so 
tired of Seeing this. 

831
00:45:01,600 --> 00:45:03,600
I've been seeing it for decades 
now. 

832
00:45:03,600 --> 00:45:05,700
I'm old enough that I can say. 
I've been seeing this for at 

833
00:45:05,700 --> 00:45:09,400
least 15-20 years now. 
Guess what the US dollar is 

834
00:45:09,400 --> 00:45:11,900
still around, the British pound 
is still around. 

835
00:45:12,000 --> 00:45:14,900
The euro is still around, so 
he's been a money-making scheme 

836
00:45:14,900 --> 00:45:18,200
to like make people scared of. 
Whatever big thing is happening 

837
00:45:18,200 --> 00:45:20,500
there, isn't it? 
Like it's make people scared 

838
00:45:20,500 --> 00:45:23,500
scared of a thing and said tell 
tell them that you've got the 

839
00:45:23,500 --> 00:45:27,000
solution it's always been the 
way that reminded me of one. 

840
00:45:27,000 --> 00:45:31,400
Last thing I want to touch on 
which was the you Up the 

841
00:45:31,400 --> 00:45:35,300
business plot from back when FDR
was president in the United 

842
00:45:35,300 --> 00:45:40,800
States and some of the 
ideological similarities between

843
00:45:40,800 --> 00:45:44,200
the group behind that and what's
common in cryptocurrency could 

844
00:45:44,200 --> 00:45:49,200
you speak to that? 
Briefly basically we got rid of 

845
00:45:49,200 --> 00:45:53,700
the gold standard and the rich 
elite were not happy with that 

846
00:45:53,700 --> 00:45:56,200
and basically they love the gold
standard so much because it 

847
00:45:56,200 --> 00:45:59,800
takes monetary power away from 
the government basically because

848
00:45:59,800 --> 00:46:02,400
it's backed up by By a physical 
thing. 

849
00:46:02,400 --> 00:46:04,700
And there's also a lot of 
arguments that like, gold 

850
00:46:04,700 --> 00:46:06,400
doesn't even really have value 
in itself. 

851
00:46:06,400 --> 00:46:10,700
Anyway, it's just like, gold has
value based on what we think of 

852
00:46:10,700 --> 00:46:12,200
it in the same way as feared 
Dragon. 

853
00:46:14,000 --> 00:46:15,700
Yeah. 
Like we don't really use it much

854
00:46:15,700 --> 00:46:19,500
apart from like, you know, 
conductors or jewelry. 

855
00:46:19,500 --> 00:46:22,400
But anyway, they love it so much
because it's like this rigid 

856
00:46:22,400 --> 00:46:26,800
thing that they can like base 
all all of the three Market on. 

857
00:46:26,900 --> 00:46:29,200
Yeah. 
And that's and then you know, 

858
00:46:29,200 --> 00:46:32,500
when Nazism had a rise in In the
1930s as well. 

859
00:46:32,500 --> 00:46:35,900
Like, you know, they found that 
they had the same ideologies 

860
00:46:35,900 --> 00:46:40,500
because this whole idea about 
Jewish people like being in 

861
00:46:40,500 --> 00:46:42,700
total control of the banks and 
the media. 

862
00:46:42,700 --> 00:46:47,500
And yeah and the whole thing 
about sort of inflation being 

863
00:46:47,500 --> 00:46:49,900
you're being told, inflation is 
good is actually propaganda 

864
00:46:49,900 --> 00:46:53,300
because it's just them 
controlling and getting rid of 

865
00:46:53,300 --> 00:46:55,200
your money because they want to 
keep it for themselves. 

866
00:46:55,200 --> 00:46:59,300
And it's the same ideologies 
that are now being repeated by 

867
00:46:59,400 --> 00:47:03,800
Bitcoin enthusiasts mostly Lee 
which is I don't think a lot of 

868
00:47:03,800 --> 00:47:06,900
them realize that and then 
obviously when like Jordan 

869
00:47:06,900 --> 00:47:10,000
Peterson was was announced to 
speak at a Bitcoin event they 

870
00:47:10,000 --> 00:47:13,300
were all really shocked when in 
reality like obviously he's got 

871
00:47:13,300 --> 00:47:15,300
like deep tight ties with Peter 
teal. 

872
00:47:15,300 --> 00:47:19,700
Like they're like really trying 
to control the thinking of 

873
00:47:19,700 --> 00:47:22,500
people to think that they're 
what the way they do and it's 

874
00:47:22,500 --> 00:47:26,200
really quite scary when you dig 
into How Deeply this is 

875
00:47:26,200 --> 00:47:29,300
connected, between these people 
what you're talking about doing 

876
00:47:29,300 --> 00:47:32,500
is what I think. 
People in crypto currency would 

877
00:47:32,500 --> 00:47:37,600
say, do your own research. 
And what you're actually doing 

878
00:47:37,600 --> 00:47:41,700
is the most important research 
which is following the money and

879
00:47:41,700 --> 00:47:44,700
I think almost none of these 
cryptocurrency Bros bother doing

880
00:47:44,700 --> 00:47:47,000
that, which is so funny because 
that's what the blockchain is 

881
00:47:47,000 --> 00:47:49,200
supposed to be all about as 
Financial transparency. 

882
00:47:49,200 --> 00:47:52,600
But most wouldn't know that 
there's a Peter teal, Jordan 

883
00:47:52,600 --> 00:47:55,300
Pederson connection or or for 
instance. 

884
00:47:55,300 --> 00:47:57,500
What Bennett said. 
Like I didn't even know Peter 

885
00:47:57,500 --> 00:47:59,700
teal and the human rights 
Foundation connection. 

886
00:47:59,700 --> 00:48:02,500
Like these things. 
Things exist. 

887
00:48:02,700 --> 00:48:04,900
They're actually right in front 
of our faces. 

888
00:48:05,000 --> 00:48:10,200
It's like how Banks he would put
on like a, you know, a bright 

889
00:48:10,500 --> 00:48:14,300
best bright Jumper, whatever and
go paint and then nobody would 

890
00:48:14,300 --> 00:48:17,200
ask a question because it looks 
like he's supposed to be there. 

891
00:48:17,400 --> 00:48:20,200
It's like a Peter teal just 
implants himself in the 

892
00:48:20,207 --> 00:48:23,300
cryptocurrency ecosystem. 
Then it's like nobody ever asked

893
00:48:23,300 --> 00:48:25,900
why the fuck is Peter teal 
hanging out here and being a 

894
00:48:26,100 --> 00:48:31,500
kind of weird Neo-Nazi. 
So I think I think you're Doing 

895
00:48:31,600 --> 00:48:35,300
here doing a really great thing 
not just by entertaining people 

896
00:48:35,300 --> 00:48:38,200
and talking about it, but 
hopefully some people are 

897
00:48:38,200 --> 00:48:42,100
learning how to do your own 
research, which is like what 

898
00:48:42,100 --> 00:48:45,000
they always tell us to do. 
So I appreciate that. 

899
00:48:45,000 --> 00:48:48,100
That's what I that's all I 
wanted to say, yeah, thank you. 

900
00:48:48,100 --> 00:48:51,100
I'm yeah, it's always a problem.
Telling people to do their own 

901
00:48:51,100 --> 00:48:54,300
research because because, like, 
we're all looking for stories, 

902
00:48:54,300 --> 00:48:55,700
aren't we? 
We are, we're all just looking 

903
00:48:55,700 --> 00:48:58,500
for things that back up, you 
know, our, our existing 

904
00:48:58,500 --> 00:49:00,800
worldviews. 
And I think we can only sort of 

905
00:49:01,100 --> 00:49:04,000
Get to whatever the truth is 
whether the truth even exists by

906
00:49:04,000 --> 00:49:06,900
sort of talking about things 
having a discourse and watching 

907
00:49:06,900 --> 00:49:08,900
my videos. 
But also you know what what 

908
00:49:08,900 --> 00:49:10,100
should people that disagree with
me? 

909
00:49:10,100 --> 00:49:13,700
Like, you know, it's all about 
sort of throwing information 

910
00:49:13,700 --> 00:49:15,500
around, isn't it? 
And we come to a conclusion 

911
00:49:15,500 --> 00:49:19,000
eventually, I always think of 
that experiment where put on if 

912
00:49:19,000 --> 00:49:21,800
you heard about this but they 
get like hundreds of people to 

913
00:49:21,800 --> 00:49:25,400
guess the amount of M&M's in a 
jar and out of all of the 

914
00:49:25,400 --> 00:49:27,900
people, who guess how many 
amendments are in the jar if you

915
00:49:27,900 --> 00:49:30,700
take the average that it's like 
the correct amount. 

916
00:49:30,800 --> 00:49:33,200
So, That's what keeps me going, 
like, thinking that we're going 

917
00:49:33,200 --> 00:49:35,500
to get to the right answer 
eventually. 

918
00:49:37,300 --> 00:49:40,400
I mean, I think that's actually,
I think people think about no 

919
00:49:40,400 --> 00:49:44,100
corners or critics and Skeptics 
like myself, and you, and 

920
00:49:44,100 --> 00:49:49,100
Bennett as people who were 
incredibly pessimistic and kind 

921
00:49:49,100 --> 00:49:52,600
of like vibe off hating the 
world cynical, you know, and, 

922
00:49:52,600 --> 00:49:54,400
and I just don't think that's 
true. 

923
00:49:54,400 --> 00:49:56,700
I am very pessimistic about new 
businesses. 

924
00:49:56,700 --> 00:49:59,400
I'm very pessimistic about 
people who tell me like, I'm 

925
00:49:59,400 --> 00:50:02,900
gonna fix the financial system. 
Bro, that I'm very pessimistic 

926
00:50:02,900 --> 00:50:04,500
about. 
But when it comes to like the 

927
00:50:04,500 --> 00:50:07,300
future of humanity, I actually 
think I'm far more optimistic 

928
00:50:07,300 --> 00:50:09,000
than most of these 
cryptocurrency people. 

929
00:50:09,200 --> 00:50:12,500
Yeah, technology is. 
Yeah, being innovated, 

930
00:50:12,600 --> 00:50:15,700
increasingly fast rate and I 
think so many good things could 

931
00:50:15,700 --> 00:50:17,900
come out of that. 
As long as we keep it in check, 

932
00:50:17,900 --> 00:50:22,400
you know, things like 3D 
printing and all of these, which

933
00:50:22,400 --> 00:50:25,000
call it biotech firms. 
I don't really interesting stuff

934
00:50:25,000 --> 00:50:26,800
but some of them are doing 
really scary stuff. 

935
00:50:26,800 --> 00:50:27,800
Oh shucks. 
I don't know if you've heard 

936
00:50:27,800 --> 00:50:31,800
about like, Peter teal and all 
these In Valley, people are 

937
00:50:31,800 --> 00:50:35,500
trying to like live forever. 
It's crazy in some blood. 

938
00:50:36,100 --> 00:50:42,300
Yeah, drinking the blood. 
Yeah, they're all good. 

939
00:50:42,300 --> 00:50:44,900
I mean, they're all getting 
ideas and Brian Armstrong doing 

940
00:50:44,900 --> 00:50:46,900
that to the, the CEO of 
coinbase. 

941
00:50:46,900 --> 00:50:48,900
I think, I'd say Good Luck 
Charlie. 

942
00:50:48,900 --> 00:50:51,600
It's a lot of these guys. 
But yeah, all of the 

943
00:50:51,600 --> 00:50:53,900
Billionaire's want to do that. 
And I think it says, a couple 

944
00:50:53,900 --> 00:50:56,400
things but one is, you know how 
people say, like money can't buy

945
00:50:56,400 --> 00:50:58,600
you happiness. 
I like I almost wonder like, 

946
00:50:58,700 --> 00:51:00,900
mmmm, maybe it can because these
people, sure. 

947
00:51:01,000 --> 00:51:03,900
Urdu seem to want to live a lot 
longer than I do. 

948
00:51:04,500 --> 00:51:06,200
Yeah. 
I mean yeah, a lot of them are 

949
00:51:06,200 --> 00:51:08,400
cryogenically frozen as well, 
aren't they? 

950
00:51:08,500 --> 00:51:10,600
Because they think that they'll 
be able to be unfrozen in the 

951
00:51:10,600 --> 00:51:13,500
future. 
I mean, there must be some good 

952
00:51:13,500 --> 00:51:16,400
Research into that if they're 
paying so much more, I don't 

953
00:51:16,400 --> 00:51:18,800
know. 
But like, yes, I think it's the 

954
00:51:18,800 --> 00:51:22,400
only I think it's the only 
option there even is so they're 

955
00:51:22,400 --> 00:51:25,300
just like, fuck it. 
Throw the dart at the board. 

956
00:51:25,300 --> 00:51:28,600
Let's hope it sticks II. 
They have, they don't people 

957
00:51:28,600 --> 00:51:30,900
have people loved and this is 
another great point. 

958
00:51:31,600 --> 00:51:35,000
Try not try to end this soon but
your video helped me. 

959
00:51:35,700 --> 00:51:40,900
Remember how much like we love 
to idolize very, very wealthy 

960
00:51:40,900 --> 00:51:42,700
people and it's a very American 
thing. 

961
00:51:42,700 --> 00:51:45,000
I don't know if that's all over 
the world, but it is definitely 

962
00:51:45,000 --> 00:51:47,400
in America. 
Like just everyone wants to get 

963
00:51:47,400 --> 00:51:49,500
as rich as the richest rich 
people. 

964
00:51:49,600 --> 00:51:54,100
And once you see how rich the 
rich, people have gotten, you 

965
00:51:54,100 --> 00:51:56,100
assign them all this. 
It's like Gary Vee or other 

966
00:51:56,100 --> 00:51:58,600
people, but you assign, they 
must be smart. 

967
00:51:58,700 --> 00:52:00,800
They must know more about the 
world than I do. 

968
00:52:00,800 --> 00:52:02,500
They Must have more wisdom than 
I do. 

969
00:52:02,700 --> 00:52:05,700
And the reality is that like no,
of course, they don't, they're 

970
00:52:05,700 --> 00:52:08,200
just people. 
They're just like you. 

971
00:52:08,400 --> 00:52:11,300
And so, when even we, when we 
go, like, oh, there must be 

972
00:52:11,300 --> 00:52:13,700
something to life extension. 
It's like now they're absolutely

973
00:52:13,700 --> 00:52:16,200
isn't and they're just, they're 
just Nut Cases. 

974
00:52:16,800 --> 00:52:19,200
They just need something else to
throw their money into isn't 

975
00:52:19,300 --> 00:52:21,200
don't they. 
So it's just another thing to 

976
00:52:21,200 --> 00:52:24,500
throw either space or life 
extension, basically another 

977
00:52:24,500 --> 00:52:26,100
million at that and it might 
work. 

978
00:52:26,100 --> 00:52:29,000
It's the same, it's the same 
thing as like throwing a million

979
00:52:29,000 --> 00:52:30,800
into a start-up that's, you 
know. 

980
00:52:30,800 --> 00:52:32,500
Yeah. 
I think that they want to in a 

981
00:52:32,508 --> 00:52:34,500
way that they because they're in
the tech World. 

982
00:52:34,500 --> 00:52:39,400
They kind of want to come back 
in 20, 30 40 or however many 

983
00:52:39,400 --> 00:52:43,700
years and see where it got to. 
I think that's what they 

984
00:52:43,700 --> 00:52:46,900
actually like want. 
And they want to see if their 

985
00:52:46,900 --> 00:52:52,100
ideas actually made it into the 
future and I just think it would

986
00:52:52,107 --> 00:52:54,600
be quite funny. 
If like, Peter teal got frozen. 

987
00:52:54,600 --> 00:52:57,200
Then he came back in like 50 
years and there was some sort of

988
00:52:57,200 --> 00:53:00,200
like communist, socialist Utopia
going on. 

989
00:53:00,500 --> 00:53:02,600
And it like, It turned out that 
that actually worked really 

990
00:53:02,600 --> 00:53:09,700
well. 
I would like it better. 

991
00:53:09,700 --> 00:53:13,900
If his like if his AI that he 
created woke him up and he was 

992
00:53:13,900 --> 00:53:17,400
like Terminator 2 Judgment Day 
and he was like, instantly. 

993
00:53:17,400 --> 00:53:21,900
The robot just says, like you 
made me and just rip them, you 

994
00:53:21,900 --> 00:53:25,300
know, just be much more apt as 
far as I'm gonna is a film. 

995
00:53:25,300 --> 00:53:31,800
That was filled in the making 
Rafael nikoli Hansie scheming 

996
00:53:31,800 --> 00:53:35,300
founder, of bitfenix is now 
super into life extension, makes

997
00:53:35,300 --> 00:53:37,200
sense. 
Yeah, Ponzi schemers of course 

998
00:53:37,200 --> 00:53:39,200
would be like because then the 
Ponzi can actually go on 

999
00:53:39,200 --> 00:53:42,200
forever. 
Then the Ponzi one ever thought 

1000
00:53:42,200 --> 00:53:44,300
this was fantastic. 
I'm so glad you could join us. 

1001
00:53:44,300 --> 00:53:47,200
Is there anything you would want
our listeners to kind of? 

1002
00:53:47,300 --> 00:53:50,300
If and when they watch your 
video, what should the main 

1003
00:53:50,300 --> 00:53:52,700
takeaway be? 
Oh, I don't know. 

1004
00:53:54,500 --> 00:53:56,800
Just watch it and you'll come 
with your own, take away, I 

1005
00:53:56,800 --> 00:53:59,400
suppose. 
But yeah, just be very mindful 

1006
00:53:59,400 --> 00:54:03,300
about the Pull behind behind 
crypto in. 

1007
00:54:03,600 --> 00:54:06,700
It's not, it's not this 
Grassroots movement, that many 

1008
00:54:06,700 --> 00:54:10,300
people think it is. 
It's, it's all these very sort 

1009
00:54:10,300 --> 00:54:13,500
of scary people that want to 
rule the world with algorithms. 

1010
00:54:15,000 --> 00:54:18,300
So, yeah, I think Bennett and I 
often we fell into this Rabbit 

1011
00:54:18,300 --> 00:54:21,500
Hole mostly because of the 
characters that were involved, I

1012
00:54:21,508 --> 00:54:25,400
think that more than more. 
So than like, wow Bitcoin or 

1013
00:54:25,400 --> 00:54:30,700
tether or or aetherium. 
It was like man these executives

1014
00:54:30,700 --> 00:54:36,000
are Fucking weird man. 
So I think that's actually a 

1015
00:54:36,000 --> 00:54:38,400
good point and compelling for 
people. 

1016
00:54:38,400 --> 00:54:42,800
It's a great great Point. 
Yeah, thank you for joining us. 

1017
00:54:42,900 --> 00:54:44,400
Thank you for having me. 
It's been great. 

1018
00:54:44,500 --> 00:54:46,800
It's been lovely. 
Well, I hate to close out a 

1019
00:54:46,800 --> 00:54:49,000
really wonderful episode like 
that. 

1020
00:54:49,000 --> 00:54:52,100
In a sad fashion. 
But I'm getting word from 

1021
00:54:52,100 --> 00:54:54,800
upstairs, president of crypto 
critics Corner. 

1022
00:54:54,800 --> 00:54:59,700
Bennett Tomlin has, let me know 
that if you guys don't rate and 

1023
00:54:59,700 --> 00:55:03,600
review the podcast, just crypto 
critics corner is going to get 

1024
00:55:03,600 --> 00:55:05,200
canceled. 
He's going to cancel the show 

1025
00:55:05,500 --> 00:55:07,300
and there's nothing I can really
do to control him. 

1026
00:55:07,300 --> 00:55:11,300
The man has rage and temper and 
his heart and I wish I could 

1027
00:55:11,300 --> 00:55:14,400
stop him but I can't. 
So if you could rate and review 

1028
00:55:14,400 --> 00:55:16,200
the podcast, you can save the 
show. 

1029
00:55:16,300 --> 00:55:18,000
Good Luck. 
Godspeed everybody.