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The Bible warns that the 
borrower is a slave to the 

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lender, and in a world of 50 
year mortgages and buying 

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burritos with buy now, pay later
schemes, we've made debt our new

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religion. 
Adam O'Brien, CEO of the Bitcoin

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Well, joins me to explain why 
millennials are actually highly 

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productive slaves with a better 
UI and how we traded our 

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sovereignty for a credit score. 
We dive into the brain rot of 

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outsourcing responsibility and 
why Bitcoin is the only 

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technology that demands personal
agency. 

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Adam breaks down why the wisest 
man on earth was a generational 

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wealth maxi, why critical 
thinking is the rarest commodity

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in 2026, and why the path of 
field money always leads to the 

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same destination, zero. 
I hope you enjoyed this episode.

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Let's dive in. 
Adam O'Brien, welcome to Bitcoin

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for Millennials. 
Man, finally a show talking 

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about the supreme generation to 
ever March this planet the 

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millennials, the millennials got
to be we always talk about the 

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boomers, the Gen. 
Z's like the prodigy and the 

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millennials are here to pick up 
the slack on both sides and so 

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represent my man represent maybe
a big. 

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Question I I really wonder what 
you think about this because I 

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think the credit card culture in
the US and Canada is way bigger 

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than in Europe. 
Do you think average millennials

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actually a sovereign citizen or 
just a highly productive slave 

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with a better UI? 
Dude, highly productive slave, 

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better UI. 
I think that millennials 

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especially, we praise debt. 
We we run down debt like that's,

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that's a business strategy is 
debt. 

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It's like buy property, lever it
up, buy more property, buy 

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property, get some debt, fix 
your kitchen, get some more 

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debt, buy a second property, get
some more debt. 

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That's like that's the business 
plan for like freedom in the 

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real estate market. 
It's I think that we I mean, we 

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saw the collapse of that in O 8.
We're not that's that's not 

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going away. 
MST Rs entire value prop was 

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unlocking the captured debt that
exists and we saw bitcoiners and

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millennials ape in to the 
bitcoiners, millennials Gen. 

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Z, whoever owns MSTR basically 
owns an equity that owns a pile 

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of debt and and and the you know
the assets that they buy with 

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that debt. 
It's like we have a financial 

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system so rooted in debt, which 
naturally just tips the scales. 

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It just tips the scales in one 
way. 

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It's crazy to me that we have so
much debt and we have quarterly 

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revaluations on the interest 
like every single quarter your 

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monthly budget can just get 
turned upside down. 

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It is, it's so volatile and 
we're seeing, you know, what we 

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are kind of believed to be the 
end of the, at least the 

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transition of the Fiat world 
and, and, and the Fiat economy. 

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And that's only going to get 
exasperated and exaggerated as 

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this kind of, you know, we tip 
closer towards the, yeah, 

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financial revolution, the the 
great reset, whatever it is you 

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want to call it. 
Something's brewing. 

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We can feel it. 
And I think it's, I think it's 

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catastrophic the way that we 
look at use normalized debt, 

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which is a form of, of, of 
slavery. 

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I mean, the Bible is clear on 
it. 

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You made a comment earlier like,
so this concept of debt comes up

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in the in the book of Proverbs, 
but earlier you mentioned this 

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concept of Fair and equal 
weights that came from the 

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second book in the Bible called 
Deuteronomy. 

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And it's written by a guy called
Moses. 

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And Moses wrote that directly 
from God like it is it didn't, 

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it didn't magically appear. 
It's like the guy that created 

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the world in the universe spoke 
to Moses saying, hey, Moses, you

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got to go and tell everyone how 
to live fair and equal money is 

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like the money section. 
That's like the original law. 

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And then what's even crazier, 
even like you drove down the the

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debt. 
So at it written in the book of 

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Proverbs, that's written by a 
guy called Solomon and Solomon 

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wrote lots of the proverbs and 
God himself called Solomon the 

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wisest man on earth. 
So it's like we don't, these 

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aren't just like nice fables 
that we kind of like look at and

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read and like, oh, that makes a 
lot of sense. 

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Like, no, no, the Bible written 
by the divine spirit of God 

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called Solomon the wisest person
on earth. 

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And he's out here saying, Hey, 
yo, the the the lender is a or 

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the borrower is a slave to the 
lender. 

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And another little tidbit 
bitcoiners. 

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He also said, this is my 
favorite line from Solomon, a 

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wise man. 
This is this is the wisest man 

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saying this a wise man leaves an
inheritance for his children's 

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children. 
Like how how based is that? 

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How much of A Bitcoiner, you 
know, sentiment to that like 

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generational wealth mindset 
coming out of the wisest man on 

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earth on on earth, kind of like 
highlighting the risk. 

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He doesn't say don't take debt, 
which is interesting. 

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He just highlights the slavery 
component to debt, which I think

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it's a healthy mindset to walk 
into debt with. 

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You've said that having holding 
Bitcoin as a bearer asset 

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demands a little faith. 
So I wanted to ask you what is 

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the difference between believing
in Bitcoin based on your 

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research, right and seeing a 
certain future? 

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But then what is the step to 
faith? 

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What, what is the difference 
between believing and having 

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faith in, you know, taking it 
off an exchange, being your own 

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bank, having it in self custody,
etcetera? 

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Yeah, it's question. 
It's kind of well, yeah, it's I 

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mean, it's kind of this concept 
of personal agency Bitcoin, like

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the revolution of Bitcoin is not
this number go up, right. 

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You like, I mean, Haktua coin 
had number go up for a period of

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time, right. 
We've had gold does number go 

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up? 
Oil does number go up? 

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We've we we've got all kinds of 
number go up assets and even 

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scarcity isn't the invention of 
of Bitcoin. 

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We've got scarce assets, quasi 
scarce assets. 

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We don't have known scarce 
assets. 

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So that is kind of a little bit 
of a of a benefit. 

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But you think about physical 
assets. 

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Let's let's let's let's pick on 
gold and oil. 

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So gold, you can self custody 
gold up to an extent, but if 

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you're going to continually be 
buying gold, eventually you're 

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going to accumulate such an 
amount that it's going to be 

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difficult to self custody and 
you're actually incentivized to 

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give it to a custodian because 
they have better security. 

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You know, you have the option of
building out steel fireproof 

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vault in your house with like 
the security systems and the 

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bodyguards and the the lasers 
and you know, all the, all the 

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crazy things that you do to 
secure shiny yellow rocks. 

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Or you can pay someone a couple 
100 bucks or a couple 1000 bucks

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who's already done all that and 
who pools all those resources 

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together to kind of create that 
as a value prop. 

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So it's actually gold gets 
harder to self custody the more 

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that you have and you're 
actually kind of quasi forced to

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centralized that way. 
Oil is the same thing. 

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We actually, I'm not sure you 
remember during the COVID crash,

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we saw oil drop to negative $20 
a barrel. 

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That meant that holding oil was 
such a nuisance. 

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The physical custody of oil was 
so catastrophic that oil 

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companies whose literal job was 
to pull oil out of the ground 

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and store it, they were like, 
Nah, I'm not going to do this 

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storage part. 
We got way too much oil. 

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I can't be bothered with this 
physical custody here customer, 

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here's this asset that we're 
going to pay you to take. 

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Like, imagine that world where 
we see custody of an asset 

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become such a nuisance that we 
are paying people to, to take it

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off of our hands, right? 
A resource, a natural resource 

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that's allegedly scarce. 
And we are just paying people 

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like who's going to pay you to 
take custody of their Bitcoin? 

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But yet we see that happen. 
And so what's, what's the 

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innovation here, right? 
What's the, what's the, the real

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innovation is that Bitcoin, no 
matter how much you hold, costs 

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the same to self custody. 
So you kind of don't have the 

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gold and the oil problem, but 
you also have institutional 

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grade security built in to the 
protocol. 

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So you don't even have the like 
economies of scale problem. 

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Like, oh, it doesn't make sense 
to secure my $18.00 of Bitcoin. 

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It's like, well, it costs the 
same to secure $18.00 of Bitcoin

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as it does $18 billion in 
Bitcoin. 

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It's the same like we've never 
had said that before, it costs 

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way more to secure $18 billion 
in gold than of than of Bitcoin 

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or or or of of $18.00 in gold. 
Same thing with oil, same thing 

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with diamonds, same thing with 
like Pokémon cars. 

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Like the more you get of 
something physical, the harder 

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and more expensive it is to 
secure. 

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But with Bitcoin, you have 
infinite security inside of a 

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finite asset. 
And that is just like that's 

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innovation immensely. 
And So what does that mean? 

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Why isn't everyone self 
custodying it? 

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How on earth is custody even a 
business? 

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And it's strictly because of 
that Fiat mindset. 

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And this this kind of like 
personal agency risk 

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calculation. 
People for whatever reason are 

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petrified that they are not 
responsible enough to own and 

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control their wealth. 
And I just think that's such a 

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backwards mindset. 
It's straight programming 

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brainwashing from the system. 
It is 100% of fallacy. 

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If you are responsible enough to
drive a 5000 LB piece of metal 

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at at earth shattering speeds 
down the highway, you can 

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protect some words on a plate of
steel. 

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If you are responsible enough to
usher in children or like think 

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about like there's doctors, 
there's like we have a lot of 

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personal agency and personal 
responsibility that we entrust 

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in people. 
And yet somehow we think 

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collectively we're too dumb to 
protect wealth. 

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Like it's just, it's we need to 
get over this, this brain 

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00:10:25,240 --> 00:10:29,880
wrought mindset and understand 
that custody is a feature, not 

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some nuisance bug that you have 
to deal with like it has been 

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for other physical assets. 
When it comes to holding Bitcoin

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securely, Peace of Mind starts 
with architecture. 

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00:10:41,640 --> 00:10:44,560
On Ramps multi institution 
custody model distributes 

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control access across three 
independent regulated key 

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00:10:48,120 --> 00:10:50,720
holders in a two of three multi 
state quorum. 

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00:10:51,000 --> 00:10:54,480
No single point of failure, no 
pooled or omnibus exposure, just

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00:10:54,480 --> 00:10:58,600
segregated client titled vaults.
You retain full legal ownership 

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00:10:58,600 --> 00:11:01,640
or on ramp coordinate security, 
compliance and operational 

186
00:11:01,640 --> 00:11:05,200
workflows behind the scenes. 
Multi institution custody is the

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00:11:05,200 --> 00:11:08,200
foundation for everything that 
On Ramp builds sound 

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00:11:08,200 --> 00:11:11,280
infrastructure that distributes 
counterparty risk and provides 

189
00:11:11,280 --> 00:11:14,520
fault tolerant resilience with 
clear audits and institutional 

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00:11:14,520 --> 00:11:17,320
controls. 
And now on Ramp is piloting flat

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00:11:17,320 --> 00:11:20,680
predictable pricing to make best
in class Bitcoin custody and 

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00:11:20,680 --> 00:11:23,240
financial products more 
accessible than ever. 

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00:11:23,680 --> 00:11:27,200
Visit on rampbitcoin.com to 
learn more and sign up with code

194
00:11:27,200 --> 00:11:30,640
Bram. 
That's BR AM to receive $150.00 

195
00:11:30,640 --> 00:11:35,000
in Bitcoin after your first 
deposit on ramp strength in many

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00:11:35,000 --> 00:11:37,960
simplicity in one. 
What do you think about the fact

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00:11:37,960 --> 00:11:41,680
that you know, the, the, the 
American dream, but I think also

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00:11:41,680 --> 00:11:44,040
the, the Western dream to a 
degree, right? 

199
00:11:44,040 --> 00:11:48,560
It it it, it used to be all 
about personal agency and having

200
00:11:49,000 --> 00:11:51,280
ownership right? 
And now it's really about 

201
00:11:51,280 --> 00:11:54,280
outsourcing responsibility. 
It's about credit scores like 

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00:11:54,280 --> 00:11:57,760
we, like we mentioned, what do 
you, what do you think happens? 

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00:11:57,760 --> 00:12:01,360
Like what, when, when did people
decide to train to trade their 

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00:12:01,360 --> 00:12:04,240
sovereignty for, for this 
convenience? 

205
00:12:04,240 --> 00:12:08,280
And, and what do we need to, to 
get back? 

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00:12:08,280 --> 00:12:12,120
Because my, my idea around this 
is when, when more people 

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00:12:12,120 --> 00:12:17,680
actually have that agency, when 
they feel more in control of 

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00:12:17,680 --> 00:12:20,160
their life and they want to be 
more in control of their life, 

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00:12:20,720 --> 00:12:23,240
that's when we actually make big
steps, right? 

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00:12:23,240 --> 00:12:26,480
Because then you have to go out 
there and do things and create 

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00:12:26,480 --> 00:12:30,480
value, etcetera. 
And now it is too easy to either

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00:12:30,480 --> 00:12:36,000
rent seek or, you know, you have
these examples of people who 

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00:12:36,000 --> 00:12:41,280
work three days a week because 
it, it does, there's no reward 

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00:12:41,280 --> 00:12:43,880
in working four days a week, for
example, with government 

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00:12:43,880 --> 00:12:45,640
benefits and, you know, stuff, 
stuff like that. 

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00:12:45,640 --> 00:12:49,920
So if they would work one week a
day more, they would have to 

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00:12:49,920 --> 00:12:54,640
work a whole day to get like, I 
don't know, $20.00 or €20 extra 

218
00:12:55,000 --> 00:12:56,840
per per week or something, 
right. 

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00:12:56,840 --> 00:12:58,440
So they're obviously not doing 
that. 

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00:12:58,640 --> 00:13:00,560
So yeah. 
What, what are your thoughts 

221
00:13:00,560 --> 00:13:02,760
around that? 
Because I, I again, I think 

222
00:13:03,320 --> 00:13:08,000
there's such there, there's this
weird dichotomy between it's 

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00:13:08,000 --> 00:13:10,840
either you're responsible or 
you're outsourcing everything to

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00:13:11,320 --> 00:13:13,400
random other people that don't 
know who you are. 

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00:13:13,400 --> 00:13:17,760
They are not better than you. 
They don't know more about the 

226
00:13:17,760 --> 00:13:19,960
thing that you're outsourcing, 
right? 

227
00:13:19,960 --> 00:13:21,160
You can learn about that 
yourself. 

228
00:13:21,160 --> 00:13:25,800
So for me the line feels very 
thin, but in reality it's quite 

229
00:13:26,120 --> 00:13:29,680
wide I would say. 
Yeah, man, I think if I had that

230
00:13:29,680 --> 00:13:32,560
so my gut reaction to like when 
did this happen? 

231
00:13:33,240 --> 00:13:35,480
I would you know, my gut 
reaction like most Bitcoiners 

232
00:13:35,480 --> 00:13:38,440
like 1971, obviously this is 
when it happened. 

233
00:13:38,440 --> 00:13:40,800
But as I've been thinking about 
this for, you know, as you were 

234
00:13:40,800 --> 00:13:44,040
talking there, I think it's 
actually probably the industrial

235
00:13:44,040 --> 00:13:49,320
revolution that began this like 
kind of mass programming for a 

236
00:13:49,320 --> 00:13:51,520
future world. 
You look at the industrial 

237
00:13:51,520 --> 00:13:55,640
revolution and pre industrial 
revolution, we, this concept of 

238
00:13:55,640 --> 00:13:58,400
like a global market or this 
concept of, of economies of 

239
00:13:58,400 --> 00:14:02,560
scale wasn't really something 
that we, we, we considered you 

240
00:14:02,560 --> 00:14:05,680
just did things because it made 
sense for you and your 

241
00:14:05,680 --> 00:14:08,440
community. 
You worked hard, you enjoyed the

242
00:14:08,440 --> 00:14:11,560
fruits of your labor and you, 
you know, you lived in a tiny 

243
00:14:11,560 --> 00:14:13,480
community. 
And then the industrial 

244
00:14:13,480 --> 00:14:17,800
revolution comes along and, you 
know, boom, we get kind of mass 

245
00:14:17,800 --> 00:14:21,560
programming. 
We, we start experiencing like, 

246
00:14:21,560 --> 00:14:26,120
you know, state education, you 
know, state incentives. 

247
00:14:26,600 --> 00:14:29,880
We start, we start seeing, you 
know, we start understanding 

248
00:14:29,880 --> 00:14:34,200
that economies of scale kind of 
one person or one group can all 

249
00:14:34,200 --> 00:14:37,680
of a sudden govern millions of 
of people. 

250
00:14:37,680 --> 00:14:39,960
I mean, you look at like 
Russia's a great example of 

251
00:14:39,960 --> 00:14:43,080
this, Like Putin governs over 9 
time zones. 

252
00:14:43,120 --> 00:14:46,720
That is like mind blowing. 
Like you can't, you can't 

253
00:14:46,720 --> 00:14:51,120
effectively run a country or any
organization, any institution 

254
00:14:51,440 --> 00:14:53,480
across 9. 
I got a hard enough time with 

255
00:14:53,480 --> 00:14:56,440
four time zones that Bitcoin, 
well, I can't imagine. 

256
00:14:56,440 --> 00:14:58,680
And hey, listen, maybe Putin's a
lot smarter than I am. 

257
00:14:58,680 --> 00:15:02,920
OK, fair play. 
But like 9 is crazy. 

258
00:15:03,280 --> 00:15:08,360
And I think that this concept of
like economies of scale and this

259
00:15:08,360 --> 00:15:12,480
concept of mass leadership and 
kind of like mass organization, 

260
00:15:12,480 --> 00:15:16,200
mass efficiency, I think that's 
kind of where it really started.

261
00:15:16,200 --> 00:15:20,080
And when you, when you want 
something on mass, you have to 

262
00:15:20,080 --> 00:15:22,840
train a society to start 
thinking on mass. 

263
00:15:23,560 --> 00:15:28,840
And so you know, you can't think
on mass if your bread comes from

264
00:15:28,840 --> 00:15:32,080
your neighbor and your meats 
comes from your other neighbor 

265
00:15:32,360 --> 00:15:36,600
and your entertainment comes 
from across the street and your 

266
00:15:36,600 --> 00:15:38,960
books come from your local 
author. 

267
00:15:39,120 --> 00:15:41,800
Like you just don't, you just 
don't think on mass. 

268
00:15:41,800 --> 00:15:44,680
You're, you're, you're thinking 
inside of your inside of your 

269
00:15:44,680 --> 00:15:47,680
community. 
Now there's, there's benefits to

270
00:15:47,680 --> 00:15:50,160
both sides, right? 
Like you said, fiat's a great 

271
00:15:50,160 --> 00:15:53,160
invention up to a certain point.
Well, probably same goes of the 

272
00:15:53,320 --> 00:15:58,680
industrial on mass, kind of like
mindset, this industrial complex

273
00:15:58,680 --> 00:16:01,560
mindset of, of like, yeah, we 
have technology. 

274
00:16:01,560 --> 00:16:06,120
We have you are actually 
incentivized to spend, to burn 

275
00:16:06,200 --> 00:16:08,960
millions of dollars researching 
and innovating. 

276
00:16:09,160 --> 00:16:12,800
So we can have the iPhone, so we
can have the Internet, so we can

277
00:16:12,800 --> 00:16:15,760
have the Bitcoin protocol, so we
can have encryption protocols. 

278
00:16:15,760 --> 00:16:20,120
Like, yeah, all this innovation 
comes from this big high level 

279
00:16:20,120 --> 00:16:27,240
on mass mindset, but it also 
requires us to keep our 

280
00:16:27,280 --> 00:16:30,560
economies or our our 
individuals, our our citizens 

281
00:16:30,560 --> 00:16:36,000
and our society well trained in 
this, you know, don't, don't 

282
00:16:36,000 --> 00:16:39,200
remove personal agency. 
There's this this quote that I 

283
00:16:39,200 --> 00:16:40,560
like that I probably subscribe 
to. 

284
00:16:41,040 --> 00:16:46,240
And it's like the tighter you 
are, but the more like 

285
00:16:46,240 --> 00:16:49,800
centralization and like, you 
know, for my family, I'm 

286
00:16:49,800 --> 00:16:52,760
straight communist. 
I'm like, you know, there it's 

287
00:16:52,960 --> 00:16:55,920
all for the collective, for my 
community, my extended family, 

288
00:16:56,200 --> 00:16:59,040
probably pretty socialist. 
For my neighborhood, I'm 

289
00:16:59,040 --> 00:17:01,360
probably pretty centrist. 
And like, the further out that I

290
00:17:01,360 --> 00:17:05,359
get, I end up at pure anarchy 
for like, you know, the whole 

291
00:17:05,359 --> 00:17:09,119
world. 
And I think we've kind of camped

292
00:17:09,119 --> 00:17:13,119
ourselves into these identities 
of like political type of 

293
00:17:13,119 --> 00:17:17,640
environments. 
It's like we, we, you can't, I 

294
00:17:17,640 --> 00:17:19,880
feel like the world is designed 
for us to hold different 

295
00:17:19,880 --> 00:17:22,040
opinions based on circumstances 
and data. 

296
00:17:22,520 --> 00:17:26,440
And we've camped ourselves into 
like, no, no, no, I'm a 

297
00:17:26,440 --> 00:17:28,840
socialist. 
I believe that everyone should 

298
00:17:28,840 --> 00:17:32,520
be owned by the head. 
And, you know, personal agencies

299
00:17:32,520 --> 00:17:35,480
should be 0. 
And that's a phenomenal mindset 

300
00:17:35,480 --> 00:17:39,640
for like you and your kids and 
maybe your parents and maybe 

301
00:17:39,640 --> 00:17:42,840
your sister, but like, that's 
terrible for a country. 

302
00:17:43,920 --> 00:17:46,440
And you have to kind of identify
which ones are which. 

303
00:17:49,120 --> 00:17:51,720
Can you kind of elaborate on 
your thoughts around Bitcoin 

304
00:17:51,720 --> 00:17:55,200
being the only kind of like 
power structure that doesn't 

305
00:17:55,200 --> 00:17:57,040
really have a human point of 
failure? 

306
00:17:57,040 --> 00:18:00,080
It's just this thing. 
And when you adopt this thing 

307
00:18:00,080 --> 00:18:03,240
and you contribute to it, you 
can gain benefit from it. 

308
00:18:03,440 --> 00:18:07,280
And everyone that does that is 
incentivized to do more of that 

309
00:18:07,280 --> 00:18:10,320
and so on and so on and so on. 
Yeah, that's really the key 

310
00:18:10,320 --> 00:18:12,720
thing, is just the aligning 
incentives portion. 

311
00:18:12,720 --> 00:18:15,280
You're actually more 
incentivized to contribute to 

312
00:18:15,280 --> 00:18:17,440
the security of the Bitcoin 
network than you are to try to 

313
00:18:17,440 --> 00:18:22,960
hack it, which again, is not 
really true of of any other 

314
00:18:22,960 --> 00:18:25,440
asset that I can think of. 
You are much more incentivized 

315
00:18:25,440 --> 00:18:29,280
to try to social engineer and 
hack into a bank or hack into a 

316
00:18:29,280 --> 00:18:31,440
stockbroker or hack into a gold 
shop. 

317
00:18:31,440 --> 00:18:33,560
Like how much money can you 
really earn? 

318
00:18:33,560 --> 00:18:35,560
Like there's such this, there's 
this, there's this misaligned 

319
00:18:35,560 --> 00:18:38,600
incentive between a bodyguard 
and the thing that the bodyguard

320
00:18:38,600 --> 00:18:41,000
is guarding, right? 
Or like the security guard, you 

321
00:18:41,000 --> 00:18:45,640
know, you give you give a guy a 
gun and, and 30 bucks an hour 

322
00:18:45,640 --> 00:18:47,440
and you ask him to protect 
1,000,000 bucks. 

323
00:18:47,440 --> 00:18:51,200
It's like I got to work for a 
lot of hours or I can just point

324
00:18:51,200 --> 00:18:54,240
this gun the other way and go 
and grab the 1,000,000 bucks and

325
00:18:54,240 --> 00:18:57,040
get a payday. 
That actually happened in 

326
00:18:57,160 --> 00:18:59,120
Edmonton like two or three years
ago. 

327
00:18:59,120 --> 00:19:01,920
There's a, there's an armed 
guard and they always send two 

328
00:19:01,920 --> 00:19:04,560
of them. 
And one of the guys, there was 

329
00:19:04,560 --> 00:19:06,600
just cash on the table. 
And one of the guys, he just 

330
00:19:06,600 --> 00:19:09,560
shot the other armed guard and 
took the money and ran. 

331
00:19:09,960 --> 00:19:14,920
And this misaligned incentive 
doesn't happen in Bitcoin 

332
00:19:14,960 --> 00:19:17,760
because we've removed the human 
condition. 

333
00:19:17,760 --> 00:19:21,640
We've, we've removed the 
morality, the depravity and the,

334
00:19:21,840 --> 00:19:25,960
you know, like naturally evil 
state of humans and we've 

335
00:19:25,960 --> 00:19:29,520
protected it with rules, but not
rulers. 

336
00:19:29,840 --> 00:19:31,680
And I think that that's the the 
key. 

337
00:19:31,680 --> 00:19:34,280
Like you said, you can't 
blackmail a Shaw 256 encryption 

338
00:19:34,280 --> 00:19:36,440
protocol. 
But you know, apparently the 

339
00:19:36,440 --> 00:19:38,880
president of the free world can 
go ahead and head to an island 

340
00:19:38,880 --> 00:19:40,400
and he can get all the blackmail
he needs. 

341
00:19:40,400 --> 00:19:44,840
And so it's, it's, it's quite an
interesting thing when we look 

342
00:19:44,840 --> 00:19:49,240
to people to be our saviors, 
when we look to people to be our

343
00:19:49,240 --> 00:19:52,240
protectors, when we look to 
people to kind of protect our 

344
00:19:52,240 --> 00:19:56,160
future and guard our future, we 
run into a bunch of misaligned 

345
00:19:56,160 --> 00:19:59,600
incentives and, and ultimately 
no one's perfect. 

346
00:19:59,960 --> 00:20:02,640
And so you end up in this weird 
spot where you have to kind of 

347
00:20:03,120 --> 00:20:09,560
either defend this person or you
need to find a new person if 

348
00:20:09,560 --> 00:20:13,200
you're but when you can root 
your time in energy. 

349
00:20:14,160 --> 00:20:18,080
Energy is kind of like agnostic.
It doesn't really matter, you 

350
00:20:18,080 --> 00:20:20,840
know, like energy is just energy
and they're trying to demonize 

351
00:20:20,840 --> 00:20:22,600
energy, right? 
Boils the oceans. 

352
00:20:22,600 --> 00:20:26,480
It's it's creating hurricanes 
and like the worst weather 

353
00:20:26,480 --> 00:20:31,920
pattern since 1964. 
It's like, sure, you know all 

354
00:20:31,920 --> 00:20:34,480
the FUD you want against energy,
but at the end of the day, 

355
00:20:34,880 --> 00:20:39,680
humans like we our time is you 
literally like I'm not sure if 

356
00:20:39,680 --> 00:20:41,240
you've ever done like a health 
thing where you stand on the 

357
00:20:41,240 --> 00:20:45,720
thing and grab the handles. 
It's like you just by existing 

358
00:20:45,880 --> 00:20:51,280
burn 1700 calories, a unit of 
energy just by breathing. 

359
00:20:51,360 --> 00:20:53,440
That's what your body takes just
to survive. 

360
00:20:53,840 --> 00:20:59,000
And you need to fill your body 
up with 1700 calories worth of 

361
00:20:59,040 --> 00:21:01,560
energy, which means somebody has
to produce. 

362
00:21:01,960 --> 00:21:05,760
That's 1700 calories worth of 
energy. 

363
00:21:05,760 --> 00:21:09,480
And it's like we all boil down 
at the end of the day to 

364
00:21:09,680 --> 00:21:13,000
production and consumption of 
energy. 

365
00:21:13,360 --> 00:21:19,920
And the fewer objects we have in
the way to incentivize 

366
00:21:19,920 --> 00:21:24,440
negativity or to incentivize 
thievery and like, yeah, 

367
00:21:24,440 --> 00:21:27,680
manipulation and all these bad 
things, the better. 

368
00:21:28,360 --> 00:21:31,200
I don't think anyone can say 
anything other than that. 

369
00:21:31,320 --> 00:21:35,280
And so with that frame of mind, 
now you have to look and you 

370
00:21:35,280 --> 00:21:38,200
have to be like, all right, if 
we want rules and no rulers, 

371
00:21:38,200 --> 00:21:42,360
because all human rulers are bad
and we need to perfectly 

372
00:21:42,360 --> 00:21:45,080
preserve energy, what can do 
that? 

373
00:21:45,400 --> 00:21:50,080
And I'm like, yo, show me a 
better asset than Bitcoin to be 

374
00:21:50,080 --> 00:21:51,720
able to achieve those two 
things. 

375
00:21:51,720 --> 00:21:53,560
Because without those two 
things, I think you're off on 

376
00:21:53,560 --> 00:21:55,240
the wrong foot already. 
And those two are the most 

377
00:21:55,240 --> 00:21:58,920
important things. 
Why do you think a lot of people

378
00:21:58,920 --> 00:22:05,080
still have so much resistance to
something like Bitcoin, arguably

379
00:22:05,240 --> 00:22:10,120
a tool that can protect them 
from the most predatory thing in

380
00:22:10,120 --> 00:22:12,880
their lives, which is the 
manipulated money, which is the 

381
00:22:12,880 --> 00:22:16,360
most important technology they 
use every day in in their lives.

382
00:22:18,640 --> 00:22:21,960
But the same people also talk 
about freedom, right? 

383
00:22:22,040 --> 00:22:25,600
Like I want to be free. 
I want to be, you know, do 

384
00:22:25,600 --> 00:22:26,960
whatever I want to do in my 
life. 

385
00:22:26,960 --> 00:22:29,040
I want to be, you know, 
self-sufficient, blah, blah, 

386
00:22:29,040 --> 00:22:31,880
blah, blah. 
But they don't adopt Bitcoin. 

387
00:22:32,400 --> 00:22:34,840
What is that? 
Yeah. 

388
00:22:34,840 --> 00:22:40,080
I think it's it's a deep 
condition around kind of what I 

389
00:22:40,240 --> 00:22:43,520
made was talking about earlier 
around this like this, this 

390
00:22:43,520 --> 00:22:48,880
people honoring or people 
heroizing other people and we've

391
00:22:48,880 --> 00:22:53,720
kind of camped ourselves into 
our thoughts and beliefs and 

392
00:22:53,720 --> 00:22:58,480
ideologies. 
It's like I am X, whether it be 

393
00:22:58,480 --> 00:23:02,360
a political ideology or a 
bitcoiner or even, you know, you

394
00:23:02,360 --> 00:23:04,160
attach what you do. 
I'm a welder. 

395
00:23:04,160 --> 00:23:07,520
And so, you know, all of my 
welding friends think this. 

396
00:23:08,480 --> 00:23:10,800
I am not thinking anything other
than that. 

397
00:23:11,080 --> 00:23:14,480
I'm a high school student. 
Well, all high school students 

398
00:23:14,480 --> 00:23:17,320
have cell phones. 
And so I have to have a cell 

399
00:23:17,320 --> 00:23:19,600
phone. 
And from a very young age, we've

400
00:23:19,600 --> 00:23:24,800
kind of got this concept of my 
peers all think this. 

401
00:23:24,960 --> 00:23:28,640
Therefore I think this. 
And it's not because I've 

402
00:23:28,640 --> 00:23:30,240
rationally thought it out. 
It's not because I think it'll 

403
00:23:30,240 --> 00:23:33,560
make the world a better place. 
It's simply because somebody 

404
00:23:33,560 --> 00:23:36,680
else that I trust, rightly or 
wrongly, thinks this way. 

405
00:23:37,120 --> 00:23:41,440
And then when somebody points so
then then what happens is our 

406
00:23:41,440 --> 00:23:44,960
ideas become very spiritual. 
They become very much a part of 

407
00:23:44,960 --> 00:23:48,440
our soul and our our way of 
thinking, our hearts, they 

408
00:23:48,440 --> 00:23:51,200
become a part of us. 
And so when someone comes along 

409
00:23:51,200 --> 00:23:56,280
and tells us that our ideas or 
our opinions are wrong or bad 

410
00:23:56,280 --> 00:23:59,680
for a certain reason, we get 
this like really adverse 

411
00:23:59,680 --> 00:24:00,960
reaction. 
It's like, whoa, whoa, whoa, I 

412
00:24:00,960 --> 00:24:02,240
don't know, you don't 
understand. 

413
00:24:02,240 --> 00:24:05,560
My hero thinks this. 
This person that I trust, 

414
00:24:06,840 --> 00:24:10,480
Mackenzie thinks Mackenzie 
thinks this. 

415
00:24:10,480 --> 00:24:13,520
No, no, no, no, no. 
The governor of my state thinks 

416
00:24:13,520 --> 00:24:14,880
this. 
You have no idea. 

417
00:24:14,880 --> 00:24:17,760
My favorite is celebrity thinks 
this. 

418
00:24:17,760 --> 00:24:19,760
The hockey player that I like 
thinks this. 

419
00:24:19,960 --> 00:24:24,120
My mom thinks this. 
My best friend thinks this. 

420
00:24:24,400 --> 00:24:27,440
And it's like, you don't care 
about the opinion. 

421
00:24:27,480 --> 00:24:30,840
You just care about who shares 
the opinion with you because you

422
00:24:30,840 --> 00:24:32,400
think it makes you more like 
them. 

423
00:24:32,760 --> 00:24:37,400
And it comes from this place of 
really, truly, dramatically 

424
00:24:37,800 --> 00:24:44,360
overemphasizing humans over like
God is, is like the root of it. 

425
00:24:44,400 --> 00:24:47,520
But even like if you don't want 
to get that spiritual, it's, 

426
00:24:47,560 --> 00:24:53,040
it's this goal to just fit in. 
And I think that's where it 

427
00:24:53,040 --> 00:24:57,600
ultimately stems from. 
And if we are comfortable, like 

428
00:24:58,000 --> 00:25:02,560
the amount of Sailor Sims that I
see that credit to sailor. 

429
00:25:02,600 --> 00:25:06,480
I think the treasury space is 
interesting and I think it plays

430
00:25:06,480 --> 00:25:10,760
a role in, in our environment. 
And I'm running a treasury 

431
00:25:10,760 --> 00:25:12,760
company. 
So like, you know, we're a 

432
00:25:12,760 --> 00:25:15,280
productive treasury company. 
We're different than MSTR, but 

433
00:25:15,280 --> 00:25:17,440
like, let's call a spade a 
spade, right? 

434
00:25:17,600 --> 00:25:21,680
We print shares, buy Bitcoin 
like that's, that's the base of 

435
00:25:21,680 --> 00:25:24,600
it. 
And but the amount of people 

436
00:25:24,600 --> 00:25:28,600
that won't, that are scared to 
call him out on the things that 

437
00:25:28,600 --> 00:25:32,160
he could do better means that 
they they idolize him. 

438
00:25:32,400 --> 00:25:35,080
And it's not just sailor, it's, 
it's literally anyone. 

439
00:25:35,080 --> 00:25:38,640
And we should feel very 
comfortable saying, yo, I like 

440
00:25:38,640 --> 00:25:43,120
that guy. 
I disagree with AB and C, but on

441
00:25:43,120 --> 00:25:46,920
the surface, I think this is 
what I like and the ability to 

442
00:25:46,920 --> 00:25:49,720
say, oh, I liked that guy. 
I'm not talking about anyone in 

443
00:25:49,720 --> 00:25:52,520
particular, but just in general.
I used to like that guy, but 

444
00:25:52,520 --> 00:25:55,520
this sent me over the edge or I 
got some new data and it changed

445
00:25:55,520 --> 00:25:58,760
my opinion here. 
We're all just like so married 

446
00:25:58,760 --> 00:26:00,400
to our opinions. 
We think that we learned 

447
00:26:00,400 --> 00:26:03,840
something one time and it just 
is that way forever. 

448
00:26:04,120 --> 00:26:06,640
And you know, that's why Boomers
and Gen. 

449
00:26:06,640 --> 00:26:09,840
X don't adopt Bitcoin. 
And, and that's why, you know, 

450
00:26:09,840 --> 00:26:12,480
we got a hard time believing in 
new data. 

451
00:26:12,480 --> 00:26:14,880
In truth, it's like, you know, 
all the conspiracy theories, 

452
00:26:14,880 --> 00:26:18,160
like, no, no, no, no, no. 
You know, the, the guy on the TV

453
00:26:18,160 --> 00:26:21,280
told me it was this way. 
How dare you tell me it was a 

454
00:26:21,280 --> 00:26:23,080
different way? 
Like you don't have ATV. 

455
00:26:23,400 --> 00:26:25,440
And it's like you're you, you 
don't have a fancy suit, you 

456
00:26:25,440 --> 00:26:29,160
don't have a microphone. 
And it's like we need to kind of

457
00:26:29,160 --> 00:26:34,320
slay our heroes and just be in 
pursuit of a goal and then 

458
00:26:34,440 --> 00:26:38,000
optimize for finding truth 
towards that pursuit of a goal. 

459
00:26:42,800 --> 00:26:46,560
Yeah, I, I, I think it's 
interesting because I have a 

460
00:26:46,560 --> 00:26:49,640
certain opinion about Saylor, 
which I think is different than 

461
00:26:50,040 --> 00:26:54,880
than than yours. 
But I also think that is, that 

462
00:26:54,880 --> 00:26:57,680
is fine, right? 
Like I'd in general, I think in,

463
00:26:57,720 --> 00:27:01,360
in Bitcoin, people are very 
critical thinkers, right? 

464
00:27:02,160 --> 00:27:09,360
And I think people like to have 
discussions etcetera, right. 

465
00:27:09,360 --> 00:27:10,040
So for. 
Sure. 

466
00:27:10,040 --> 00:27:12,360
But I think even like, I want to
double click on this sailor 

467
00:27:12,360 --> 00:27:13,760
thing because I think this is 
deeply interesting. 

468
00:27:14,360 --> 00:27:18,280
I bet you and I would agree on 
facts. 

469
00:27:19,480 --> 00:27:24,360
We would perhaps or maybe not 
disagree on our like overarching

470
00:27:24,360 --> 00:27:29,000
opinion of that fact. 
And that disagreement, the fact 

471
00:27:29,000 --> 00:27:32,360
that we can, that we can agree 
on facts, I think is half the 

472
00:27:32,360 --> 00:27:35,080
battle. 
Disagreeing on the opinion just 

473
00:27:35,080 --> 00:27:36,880
means we have different 
objectives in mind. 

474
00:27:37,080 --> 00:27:40,480
And I think that's the whole, 
that's the whole point is that 

475
00:27:40,480 --> 00:27:43,720
we all need and want different 
objectives, but we have to get 

476
00:27:43,720 --> 00:27:45,920
to a part where we agree on 
facts. 

477
00:27:46,120 --> 00:27:49,360
And if you're walking around 
here and you think that let's 

478
00:27:49,360 --> 00:27:53,200
pick an easy 1, the COVID 
vaccine was in any way a net 

479
00:27:53,200 --> 00:27:55,920
positive to humanity, Like 
that's not a fact. 

480
00:27:56,040 --> 00:27:59,760
That's just like there are facts
that show that to be false. 

481
00:27:59,760 --> 00:28:04,640
And so I think that we need to 
get to a spot where we are OK to

482
00:28:04,640 --> 00:28:08,480
like zoom out, look at facts 
without opinions, look at the 

483
00:28:08,480 --> 00:28:12,880
data and then take the data in 
part our objectives to. 

484
00:28:13,000 --> 00:28:17,600
Make opinions. 
Yeah, well, maybe that's a nice 

485
00:28:17,600 --> 00:28:21,560
bridge for something else. 
I wanted to to ask you. 

486
00:28:21,560 --> 00:28:25,560
We just mentioned, you know, 
when when you pick Bitcoin as 

487
00:28:25,560 --> 00:28:28,680
your money or when you make this
conscious decision that you 

488
00:28:28,680 --> 00:28:33,760
don't want to participate in 
this debt fueled money system 

489
00:28:34,920 --> 00:28:38,480
that is not designed for for a 
better future for you, right. 

490
00:28:38,480 --> 00:28:41,920
Like that is kind of where where
the freedom comes from 

491
00:28:41,920 --> 00:28:46,120
initially, I would say. 
And I think a lot of people in 

492
00:28:46,120 --> 00:28:49,880
Bitcoin talk about, you know, 
the the sovereign individual 

493
00:28:50,560 --> 00:28:53,360
book or heard, heard people talk
about it. 

494
00:28:53,720 --> 00:28:59,080
And I don't think, yeah, again, 
it's about, you know, chilling 

495
00:28:59,080 --> 00:29:01,160
on some tropical islands or 
whatever. 

496
00:29:01,160 --> 00:29:04,000
It's about having mental 
jurisdiction, like being in 

497
00:29:04,000 --> 00:29:09,080
control of what you what you 
think, what you understand, what

498
00:29:09,080 --> 00:29:12,040
you're studying, you know, and 
eventually what, what you're 

499
00:29:12,040 --> 00:29:15,560
doing. 
But how can people that have 

500
00:29:15,560 --> 00:29:20,280
this mindset still operate in, 
you know, a high tax, high 

501
00:29:20,280 --> 00:29:25,160
surveillance western, western 
country where to connect to what

502
00:29:25,160 --> 00:29:27,760
you just said? 
A lot of people in charge are 

503
00:29:27,760 --> 00:29:31,160
saying things that they think 
have value because they are in 

504
00:29:31,160 --> 00:29:34,440
charge and they are on the TV 
and they have on a suit, you 

505
00:29:34,440 --> 00:29:38,040
know, and, and a lot of people 
feel that they should follow 

506
00:29:38,040 --> 00:29:41,000
those people because, well, 
that's what what we've always 

507
00:29:41,000 --> 00:29:43,200
done. 
But I think when you start 

508
00:29:43,200 --> 00:29:45,840
paying attention and start 
thinking for yourself and trying

509
00:29:45,840 --> 00:29:49,840
to be critical also in a way 
that makes it uncomfortable for 

510
00:29:49,840 --> 00:29:53,160
you, right when when you start 
seeing stuff you fought was 

511
00:29:53,160 --> 00:29:55,920
true, which isn't true. 
And when you know it isn't true,

512
00:29:55,920 --> 00:29:59,360
but the person with the with the
suit at the tie on TV still says

513
00:29:59,360 --> 00:30:01,560
it's true, you know, that's 
that's super uncomfortable. 

514
00:30:01,560 --> 00:30:05,800
So maybe you can share a bit 
how, how you are approaching 

515
00:30:05,800 --> 00:30:08,760
that or how you see other people
approaching that and, and maybe 

516
00:30:08,760 --> 00:30:11,680
just your general thought about,
you know, if you, if you wake up

517
00:30:11,680 --> 00:30:15,200
in a society like that, it 
doesn't mean your life gets 

518
00:30:15,200 --> 00:30:18,880
easier. 
Yeah, I think, I think 

519
00:30:18,880 --> 00:30:20,640
everywhere has their has their 
problems. 

520
00:30:20,640 --> 00:30:24,240
Like we're we're about to go 
through an insane revolution. 

521
00:30:24,360 --> 00:30:28,280
I think that you and I are 
probably going to be on the tail

522
00:30:28,280 --> 00:30:32,080
end of our lives when it when it
kind of balances back out. 

523
00:30:32,200 --> 00:30:35,600
And I hope that, you know, Gen. 
Z and Gen. 

524
00:30:35,600 --> 00:30:40,800
A&B and whatever the other 
generations are called, get to 

525
00:30:40,800 --> 00:30:42,800
pick it up and kind of rebuild 
it back better. 

526
00:30:44,520 --> 00:30:47,280
For my European friends that 
want to buy Bitcoin with ease, 

527
00:30:47,280 --> 00:30:50,120
check out Relay. 
I've been a long time fan and 

528
00:30:50,120 --> 00:30:53,240
happy to partner up with what I 
think is the best Bitcoin only 

529
00:30:53,240 --> 00:30:56,560
platform for Europeans. 
They offer a super simple 

530
00:30:56,560 --> 00:31:00,760
beginner friendly app with no 
distractions and no shit coins. 

531
00:31:01,120 --> 00:31:04,320
You can do a quick one time 
smash, buy or set up automatic 

532
00:31:04,320 --> 00:31:06,640
purchases when you're stacking 
regularly. 

533
00:31:07,000 --> 00:31:08,640
And here's the thing that 
matters most. 

534
00:31:08,880 --> 00:31:13,520
Relay is 100% self custody. 
Every set you hold is yours, 

535
00:31:13,720 --> 00:31:16,640
your keys, your coins. 
If you want to get started, 

536
00:31:16,640 --> 00:31:19,360
download the app file in my link
below or in the description and 

537
00:31:19,360 --> 00:31:23,720
use code brum that's BR AM at 
checkout to get 10% of your 

538
00:31:23,720 --> 00:31:25,680
fees. 
A huge shout out to Relay for 

539
00:31:25,680 --> 00:31:27,760
sponsoring the show. 
Now let's continue. 

540
00:31:27,960 --> 00:31:31,360
There is nowhere safe. 
I mean, even look at you like El

541
00:31:31,360 --> 00:31:36,080
Salvador has a really nice, I 
think game or like thought 

542
00:31:36,080 --> 00:31:39,000
experiment where it's like we 
got this guy in charge. 

543
00:31:39,560 --> 00:31:43,080
He changes the rules in order to
benefit society. 

544
00:31:43,320 --> 00:31:47,240
That's amazing, right? 
El Salvador has more prosperity 

545
00:31:47,240 --> 00:31:50,240
now than it ever has had. 
But we can't ignore the fact 

546
00:31:50,240 --> 00:31:52,200
that the guy had to change the 
rules. 

547
00:31:52,720 --> 00:31:55,360
And if you can change the rules 
for good, that means that the 

548
00:31:55,360 --> 00:31:58,440
next guy or even this guy can 
change the rules for bad. 

549
00:31:58,440 --> 00:32:00,400
I mean, you want to talk, I'm 
sure I'm not sure if you and 

550
00:32:00,400 --> 00:32:02,840
Pastor Coyne talked about this, 
but it's like that's the story 

551
00:32:02,840 --> 00:32:06,240
of the Bible. 
God appointed like the most 

552
00:32:06,240 --> 00:32:09,960
godly man to be the first king 
on the on the whole earth. 

553
00:32:10,800 --> 00:32:16,520
And his name was Saul and he was
amazing for like decades, maybe 

554
00:32:16,520 --> 00:32:20,240
not quite decades. 
And then he falls to like pride,

555
00:32:20,280 --> 00:32:24,080
corruption, self indulgence, 
like all these things. 

556
00:32:24,080 --> 00:32:26,280
And he just corrupts the 
Kingdom. 

557
00:32:26,920 --> 00:32:30,320
And then So what does God do? 
He like he appoints a new king 

558
00:32:30,320 --> 00:32:32,000
that's King David. 
You probably have heard of King 

559
00:32:32,000 --> 00:32:36,000
David, like musician dude. 
He's he's like David and Goliath

560
00:32:36,000 --> 00:32:40,320
kills the giants and same thing.
He's like got a, a heart after 

561
00:32:40,320 --> 00:32:44,640
God and he's like ripping 
through, you know, God dethroned

562
00:32:44,640 --> 00:32:47,680
Saul, David's patient. 
Ten years after Saul is 

563
00:32:47,680 --> 00:32:50,320
dethroned, David like stands up 
and becomes king. 

564
00:32:50,320 --> 00:32:52,680
It's amazing. 
And then he falls. 

565
00:32:52,680 --> 00:32:56,560
He has like 700 wives or 
something insanely just immense 

566
00:32:56,560 --> 00:33:00,840
lust and like terribleness. 
And then like, it's like when 

567
00:33:00,840 --> 00:33:06,440
you put a human being in charge 
and, and all that power, 

568
00:33:06,680 --> 00:33:08,840
absolute power corrupts 
absolutely. 

569
00:33:09,120 --> 00:33:12,440
And so, yeah, if you're in a 
high tax, high surveillance 

570
00:33:12,440 --> 00:33:14,640
area, it's like, what's the 
trade off? 

571
00:33:14,840 --> 00:33:17,760
And you got to start making 
those decisions with yourself. 

572
00:33:17,960 --> 00:33:22,960
I'm convinced there is no one 
right spot to live for everyone 

573
00:33:23,200 --> 00:33:26,480
because everyone wants different
things out of life for my 

574
00:33:26,480 --> 00:33:29,000
family. 
And I like, I'm a little bit 

575
00:33:29,000 --> 00:33:32,600
ashamed to say it, but I just 
love the convenience that 

576
00:33:32,600 --> 00:33:35,840
Western Canada has for me. 
It's beautiful. 

577
00:33:35,840 --> 00:33:39,160
The climate's pretty good. 
It's not perfect, but it's fine.

578
00:33:39,480 --> 00:33:42,400
It's like, you know, I can 
pretty much order if I need a 

579
00:33:42,400 --> 00:33:45,800
camera or I need whatever 
electricity is always on, 

580
00:33:45,960 --> 00:33:48,600
Internet's always here. 
I can flush my toilet paper. 

581
00:33:48,600 --> 00:33:51,200
Like, you know, there's like 
modern conveniences here that 

582
00:33:51,200 --> 00:33:55,520
don't exist in some of the 
nations that are are, you know, 

583
00:33:56,040 --> 00:34:00,400
have less surveillance, less 
tax, but also less convenience. 

584
00:34:01,880 --> 00:34:04,440
Would it be better if Canada had
less surveillance, less tax? 

585
00:34:04,440 --> 00:34:06,200
Yeah. 
And so I'm going to park here 

586
00:34:06,200 --> 00:34:08,800
and try to fight for that and 
make that happen through 

587
00:34:09,040 --> 00:34:10,679
Bitcoin. 
Well, through get base, like 

588
00:34:10,679 --> 00:34:14,000
through all the other all the 
other stuff that, you know, all 

589
00:34:14,000 --> 00:34:17,159
the efforts that we get to do. 
But at the end of the day, you 

590
00:34:17,159 --> 00:34:19,120
got to choose to point your 
energy to something. 

591
00:34:19,120 --> 00:34:21,040
And if you're going to point 
your energy to running from the 

592
00:34:21,040 --> 00:34:23,679
system, the system probably 
never changes. 

593
00:34:23,679 --> 00:34:26,120
If you're going to point your 
energy to fight the system, you 

594
00:34:26,120 --> 00:34:28,960
probably lose, but at least you 
try. 

595
00:34:31,480 --> 00:34:35,480
Well, I, I, I think that's an 
honest reflection. 

596
00:34:35,480 --> 00:34:38,360
And I think it's also something 
that a lot of people are, are 

597
00:34:38,360 --> 00:34:40,880
thinking about, right? 
Like, you know, in, in my 

598
00:34:40,880 --> 00:34:44,280
country, there's going to be or 
well, they have plans to have a 

599
00:34:44,280 --> 00:34:52,080
35% unrealized gains tax where, 
you know, people are fighting 

600
00:34:52,080 --> 00:34:54,120
against that. 
It's not final yet, but they're,

601
00:34:54,120 --> 00:34:57,440
you know, I think they're 
fighting against it. 

602
00:34:57,440 --> 00:35:03,560
And yeah, asking the question do
do I, do I still want to stay 

603
00:35:03,560 --> 00:35:07,760
here is becoming increasingly 
relevant, which is incredibly. 

604
00:35:08,160 --> 00:35:12,960
And you think about why Bitcoin 
is so important because like, if

605
00:35:12,960 --> 00:35:14,600
you've got an asset, you got a 
home. 

606
00:35:14,760 --> 00:35:19,640
If you got a, a stock portfolio,
if you hold MSTR, if you've got 

607
00:35:19,640 --> 00:35:23,560
any kind of traditional asset in
that system, like you are 

608
00:35:23,560 --> 00:35:27,560
exposed and legally you might, 
you might even be exposed with 

609
00:35:27,560 --> 00:35:30,200
your Bitcoin. 
However, you can take your 

610
00:35:30,200 --> 00:35:32,280
Bitcoin and physically leave 
with it. 

611
00:35:32,480 --> 00:35:33,640
And I think that's the 
difference. 

612
00:35:34,160 --> 00:35:36,640
You'd be a, you'd be a 
delinquent and you'd be subject 

613
00:35:36,640 --> 00:35:40,160
to fines and criminal charges in
your country and all this stuff,

614
00:35:40,640 --> 00:35:43,480
but you'd be out. 
And I think that in a draconian 

615
00:35:43,480 --> 00:35:46,600
world, you got to stop thinking 
about the arbitrary rules that 

616
00:35:46,600 --> 00:35:49,760
the human beings have put upon 
us and start thinking about the 

617
00:35:49,760 --> 00:35:54,640
laws of physics. 
And if your country decides that

618
00:35:54,640 --> 00:36:00,440
a 35% unrealized gains tax is 
the best way to treat its 

619
00:36:00,440 --> 00:36:04,840
citizens, then you're exposed to
selling the stuff before you get

620
00:36:04,840 --> 00:36:07,520
like, or you have to abandon it,
which sucks that that's 100% 

621
00:36:07,520 --> 00:36:09,280
tax. 
So that's like, not good. 

622
00:36:09,680 --> 00:36:13,840
You have to play the game, which
also sucks, or you have to pick 

623
00:36:13,840 --> 00:36:17,360
up your assets and leave. 
And we are locking ourselves 

624
00:36:17,800 --> 00:36:20,680
inside of all kinds of assets 
that don't allow you to pick up 

625
00:36:20,680 --> 00:36:23,120
and leave. 
And like, you know, crypto 

626
00:36:23,120 --> 00:36:26,200
broadly is one of them. 
Bitcoin not in self custody is 

627
00:36:26,200 --> 00:36:28,120
one of them. 
One of the only assets that you 

628
00:36:28,120 --> 00:36:30,600
can actually pick up and leave 
with is just real Bitcoin 

629
00:36:30,600 --> 00:36:35,240
sitting in self custody. 
What, what does it mean when it 

630
00:36:35,600 --> 00:36:40,440
when Bitcoin gets boring? 
Is that a a good thing or is 

631
00:36:40,440 --> 00:36:43,840
that a dangerous thing? 
We see, you know, with this 

632
00:36:43,840 --> 00:36:47,040
whole, you know, Epstein stuff 
for the price going down. 

633
00:36:47,040 --> 00:36:50,160
We, you know, I see a lot of 
uninformed people that have 

634
00:36:50,160 --> 00:36:53,800
never researched or talked about
Bitcoin before, but they do have

635
00:36:53,800 --> 00:36:58,160
a big audience, you know, saying
all kinds of things about it, 

636
00:36:58,920 --> 00:37:03,400
incredibly uninformed. 
I I do, I do think that is 

637
00:37:03,400 --> 00:37:08,240
dangerous in a sense that, you 
know, every, every asset, every 

638
00:37:08,400 --> 00:37:12,600
development, whatever has a 
certain narrative or idea around

639
00:37:12,600 --> 00:37:15,680
it, right. 
So it's, it's, it's in that 

640
00:37:15,680 --> 00:37:19,040
sense always. 
How do you say that? 

641
00:37:19,040 --> 00:37:22,400
Like, you know, the, the 
perception is malleable forever,

642
00:37:22,400 --> 00:37:25,880
basically. 
But yeah, when Bitcoin becomes 

643
00:37:25,880 --> 00:37:27,960
more boring, like, is that a 
good thing, a bad thing? 

644
00:37:27,960 --> 00:37:29,200
What? 
What do you mean by that? 

645
00:37:30,680 --> 00:37:34,120
Point neither. 
I think that I'm a dopamine 

646
00:37:34,240 --> 00:37:36,600
junkie, so I definitely like 
exciting Bitcoin. 

647
00:37:36,600 --> 00:37:40,520
I like the green candles and the
red candles and you know, work 

648
00:37:40,520 --> 00:37:42,720
is always more chaotic. 
I'm a chaos maxi. 

649
00:37:42,720 --> 00:37:47,160
So it's like, you know, but I 
think philosophically speaking, 

650
00:37:47,160 --> 00:37:50,720
like we don't want our money to 
be exciting. 

651
00:37:50,720 --> 00:37:55,840
We don't want to have to be 
beholden to like like the fact 

652
00:37:55,840 --> 00:37:59,280
there's even currency markets to
play and forex markets and like,

653
00:38:00,040 --> 00:38:06,240
you know, we have to gamble our 
hard earned and saved money just

654
00:38:06,240 --> 00:38:07,640
to survive. 
That's a problem. 

655
00:38:07,640 --> 00:38:10,600
And I think when we have boring 
Bitcoin, you and I are never 

656
00:38:10,600 --> 00:38:12,600
going to experience pure boring 
Bitcoin. 

657
00:38:12,600 --> 00:38:14,880
But if you watch Tomer, have you
do you know who Tomer is? 

658
00:38:15,840 --> 00:38:20,120
You watch his his video about 
about like the prosperity that 

659
00:38:20,120 --> 00:38:21,920
is Bitcoin. 
I forget what the title is 

660
00:38:21,920 --> 00:38:26,520
called, but it's beautiful. 
It's is it that one or is it 

661
00:38:26,520 --> 00:38:28,040
Bitcoin is generational wealth, 
I think is. 

662
00:38:28,040 --> 00:38:30,040
Yeah, yeah, yeah. 
By the way, for people 

663
00:38:30,040 --> 00:38:33,680
listening, look up those two. 
Bitcoin is beautiful and Bitcoin

664
00:38:33,680 --> 00:38:36,040
is generational wealth. 
It's fantastic. 

665
00:38:36,040 --> 00:38:38,080
I'm actually, Tomer and I are 
sitting down next week to have 

666
00:38:38,080 --> 00:38:40,000
him on the Adam O'Brien show, 
which I'm super pumped on. 

667
00:38:40,440 --> 00:38:45,480
But I, I, I just, I really can't
help shake the feeling that in 

668
00:38:45,480 --> 00:38:51,080
100 years, the total market cap 
of Bitcoin will be equivalent to

669
00:38:51,080 --> 00:38:55,600
what humans can produce. 
And like really, everything else

670
00:38:55,920 --> 00:38:59,000
is a consumable. 
And to Jeff Booth's point, 

671
00:38:59,200 --> 00:39:01,720
everything falls to the price of
production. 

672
00:39:02,200 --> 00:39:05,800
And I think that we won't see 
that. 

673
00:39:06,200 --> 00:39:09,000
But that is the Bitcoin promise.
And you want to know how boring 

674
00:39:09,000 --> 00:39:12,040
bitcoins going to be when it's 
when it's when the price of 

675
00:39:12,040 --> 00:39:15,920
Bitcoin can only move because 
human beings have innovative and

676
00:39:15,920 --> 00:39:18,120
produced. 
That's going to be boring 

677
00:39:18,280 --> 00:39:20,520
because it'll be real innovation
at that point. 

678
00:39:20,520 --> 00:39:23,720
It won't be fake fairy dollars 
that have been air dropped in 

679
00:39:23,720 --> 00:39:27,640
from some executive order. 
It's going to be actual value 

680
00:39:27,920 --> 00:39:33,520
driving the conversation, real 
money, human energy driving the 

681
00:39:33,520 --> 00:39:36,960
value of your money. 
And when that happens, we're 

682
00:39:36,960 --> 00:39:40,680
going to see and find out real 
quick how valuable people think 

683
00:39:40,680 --> 00:39:44,280
climate initiatives are and how 
valuable people think, you know,

684
00:39:44,480 --> 00:39:48,000
all these nonsense government 
initiatives, like all the virtue

685
00:39:48,000 --> 00:39:51,680
signaling stops real quick when 
it's coming out of your direct 

686
00:39:51,680 --> 00:39:54,200
pocket. 
And I think that's probably 

687
00:39:54,200 --> 00:39:56,960
where the world starts to 
prosper and thrive. 

688
00:39:57,640 --> 00:40:00,240
What I like about bitcoins that 
this proof of work is in 

689
00:40:00,240 --> 00:40:02,920
everything. 
Like like you said, if you if 

690
00:40:02,920 --> 00:40:06,280
you see someone talk and not 
walking the walk, it's fucking 

691
00:40:06,280 --> 00:40:11,080
bullshit when you know that 
there there is something else 

692
00:40:11,080 --> 00:40:13,320
that exists that incentivizes 
you. 

693
00:40:14,040 --> 00:40:17,600
To walk your talk basically, 
right, like once you know that 

694
00:40:17,600 --> 00:40:21,080
exists that that is why Bitcoin 
is this mirror idea, right? 

695
00:40:21,080 --> 00:40:26,160
You, you can uphold that kind of
like level of, of, of, of what 

696
00:40:26,160 --> 00:40:30,400
you expect for, for other people
to do so yeah, I don't really 

697
00:40:30,400 --> 00:40:34,960
know where I wanted to go go on 
which direction, but it's just 

698
00:40:34,960 --> 00:40:37,720
so fascinating that the proof of
work part comes back in 

699
00:40:37,720 --> 00:40:39,880
everything. 
And it's only because we know 

700
00:40:39,880 --> 00:40:44,160
that there is something like 
proof of, of work, right. 

701
00:40:44,160 --> 00:40:46,040
We, we could actually argue 
that. 

702
00:40:47,520 --> 00:40:50,800
Yeah, the people with the suit 
on TV, that is proof of stake. 

703
00:40:50,800 --> 00:40:52,920
It's look at me, I'm sitting in 
this chair. 

704
00:40:52,920 --> 00:40:56,160
I have this title. 
I'm therefore, yeah, like, and 

705
00:40:56,160 --> 00:41:01,080
therefore what I say is true or 
has value and well, and, and 

706
00:41:01,080 --> 00:41:05,320
that is pure nonsense because 
that is not the only option. 

707
00:41:05,440 --> 00:41:07,960
It doesn't make sense that that 
is the only option for us. 

708
00:41:08,600 --> 00:41:11,200
No, of course not man. 
And I think again, it's like 

709
00:41:11,280 --> 00:41:16,160
slaying the hero, right? 
It's fine to take different 

710
00:41:16,160 --> 00:41:19,080
tidbits from what people say. 
Hey, listen. 

711
00:41:19,080 --> 00:41:22,400
Like that's it's the only way to
communicate is by listening to 

712
00:41:22,400 --> 00:41:24,080
other people. 
That's that's really the only 

713
00:41:24,080 --> 00:41:27,600
way to learn, whether it's in 
written form or it's in verbal 

714
00:41:27,600 --> 00:41:29,480
form. 
You cannot learn unless you 

715
00:41:29,480 --> 00:41:32,760
listen to other people. 
But we have to kind of decouple 

716
00:41:32,760 --> 00:41:37,360
this idea that people are the 
things they can teach you and 

717
00:41:37,360 --> 00:41:41,440
you can love what somebody says 
without loving that person. 

718
00:41:41,440 --> 00:41:43,800
And I think that that's a really
important distinction to make. 

719
00:41:44,360 --> 00:41:49,160
You know, like I, I call people 
all the time, like if I'm going 

720
00:41:49,160 --> 00:41:51,640
to disappoint you, like if you 
know, if you're looking at me as

721
00:41:51,640 --> 00:41:56,080
some like as some idol or some 
perfect being, don't I'm going 

722
00:41:56,080 --> 00:41:59,040
to disappoint you. 
It's fine to listen to what I 

723
00:41:59,040 --> 00:42:02,640
say and and take it for what 
it's worth. 

724
00:42:02,960 --> 00:42:06,880
But like, you know, me and the 
man on the TV and the person you

725
00:42:06,880 --> 00:42:11,240
will act and you know everyone. 
You just cannot have your 

726
00:42:11,560 --> 00:42:16,000
personal being locked in that 
kind of a hero because it just, 

727
00:42:16,080 --> 00:42:17,600
it'll fail you time and time 
again. 

728
00:42:19,520 --> 00:42:24,600
Yeah, Yeah, I fully agree. 
So to wrap up to two questions. 

729
00:42:24,720 --> 00:42:29,080
If if someone is listening and 
still feels, you know, like 

730
00:42:29,080 --> 00:42:33,800
someone our age, a millennial 
and they they feel or they start

731
00:42:33,800 --> 00:42:37,600
seeing that they are a slave to 
a lender right now. 

732
00:42:37,600 --> 00:42:42,320
And that kind of that path is 
something that doesn't excite 

733
00:42:42,320 --> 00:42:45,960
them toward the future. 
But they, they have no Bitcoin 

734
00:42:45,960 --> 00:42:49,760
or a little Bitcoin. 
How, how do they start? 

735
00:42:49,880 --> 00:42:54,000
Like how do you start becoming, 
you know, the, the, the, the 

736
00:42:54,000 --> 00:42:57,320
rebel or, or, or you know, the 
rebellion against your old self 

737
00:42:57,320 --> 00:42:58,600
or something, something like 
that. 

738
00:42:58,600 --> 00:43:00,400
Like how, how should people 
start? 

739
00:43:00,400 --> 00:43:03,760
Like what's a practical tip or 
guidance you would give to 

740
00:43:03,760 --> 00:43:05,400
people? 
Yeah, I think you start with 

741
00:43:05,400 --> 00:43:09,080
your habits, forget like the 
last step is buying Bitcoin. 

742
00:43:09,080 --> 00:43:12,080
You got to you got to right size
your your heart and your habits 

743
00:43:12,080 --> 00:43:16,440
before owning Bitcoins going to 
mean anything to you if you own 

744
00:43:16,440 --> 00:43:21,080
Bitcoin and at 10 XS in price, 
right we go from here to 100K 

745
00:43:22,160 --> 00:43:25,200
because that's what's there are 
two 2,000,000 bucks because 

746
00:43:25,200 --> 00:43:29,600
that's what it's going to do. 
But you haven't right sized your

747
00:43:29,600 --> 00:43:33,040
heart and your reasons and your 
your time preference. 

748
00:43:33,600 --> 00:43:36,840
Then you're going to sell that 
Bitcoin to buy something dumb. 

749
00:43:37,080 --> 00:43:40,320
Like 10 years ago I put away one
Bitcoin and I was like, when 

750
00:43:40,320 --> 00:43:45,640
this Bitcoin can buy me a 
McLaren 720 S, I am here for it.

751
00:43:45,640 --> 00:43:49,040
I got my one UTX. 
So I'm like it's locked away, 

752
00:43:49,080 --> 00:43:55,960
it's protected, I'm ready. 
And today that one Bitcoin is 

753
00:43:55,960 --> 00:44:00,040
like earmarked for my grandkids.
And I think that that mindset 

754
00:44:00,040 --> 00:44:03,080
shift is just so important to 
realize. 

755
00:44:03,080 --> 00:44:05,360
You don't really need a 720 S, 
right? 

756
00:44:05,360 --> 00:44:09,440
You don't really need a new 
house or like this, you know, 

757
00:44:09,440 --> 00:44:13,880
fancy, updated, whatever. 
It's like you need generational 

758
00:44:13,880 --> 00:44:16,160
wealth. 
And so step one is to find a 

759
00:44:16,160 --> 00:44:21,360
path to build those habits, 
whether it's spending within 

760
00:44:21,360 --> 00:44:24,560
your means, right? 
Forget paying off your debt. 

761
00:44:24,560 --> 00:44:27,360
How do you just start living 
without consumer debt? 

762
00:44:27,800 --> 00:44:30,440
Let's just start there. 
Can you go on a cash diet and 

763
00:44:30,440 --> 00:44:32,920
still save money? 
If so, great. 

764
00:44:32,920 --> 00:44:35,560
You can probably pay down the 
debt that you already have. 

765
00:44:35,800 --> 00:44:38,840
Once your debt is paid down, 
you're going to have such a good

766
00:44:38,840 --> 00:44:41,240
control over your impulses. 
You're going to be so 

767
00:44:41,240 --> 00:44:44,160
financially disciplined that 
you're going to be able to 

768
00:44:44,160 --> 00:44:48,080
accumulate Bitcoin at an 
alarming rate and you won't blow

769
00:44:48,080 --> 00:44:51,240
it the second it's green. 
And I think that that three 

770
00:44:51,240 --> 00:44:54,600
stepped approach is probably 
like one of the most important 

771
00:44:54,600 --> 00:44:59,520
things that we can, that we can 
highlight is just you don't get 

772
00:44:59,520 --> 00:45:01,240
generationally wealthy by 
accident. 

773
00:45:01,440 --> 00:45:05,560
You get it through discipline 
and a strong mindset, you know, 

774
00:45:05,720 --> 00:45:09,920
understanding what that means. 
And that's probably where most 

775
00:45:09,920 --> 00:45:14,800
people go wrong is they think 
they do all the right things, 

776
00:45:15,200 --> 00:45:18,680
but they do it without the the 
the change of heart, so to 

777
00:45:18,680 --> 00:45:19,960
speak. 
And I think that's where people 

778
00:45:19,960 --> 00:45:22,120
get caught. 
Awesome. 

779
00:45:22,120 --> 00:45:26,360
Like, yeah, I love, I love that.
My last question, and I ask 

780
00:45:26,360 --> 00:45:29,880
everyone the same question, 
which is what is a core belief 

781
00:45:29,880 --> 00:45:34,520
that you will never let go of? 
Jesus Christ is the Lord and 

782
00:45:34,520 --> 00:45:38,640
Savior of our universe. 
I just, it's like it's tough. 

783
00:45:38,720 --> 00:45:40,760
It's tough to ignore the 
apologetics. 

784
00:45:40,760 --> 00:45:42,120
That's got nothing to do with 
Bitcoin. 

785
00:45:42,880 --> 00:45:45,480
But I do have a presentation 
that I call Jesus is a 

786
00:45:45,480 --> 00:45:48,280
Bitcoiner. 
And and I think that, you know, 

787
00:45:48,280 --> 00:45:51,920
if I want to write this down, I 
actually think that you're your 

788
00:45:51,920 --> 00:45:54,600
journey, your Bitcoin journey 
has three phases. 

789
00:45:54,600 --> 00:45:58,160
It's kind of got this pre 
bitcoiner phase, It's got this 

790
00:45:58,160 --> 00:46:01,880
Bitcoiner phase and then it's 
got like this Jesus maxi phase. 

791
00:46:01,880 --> 00:46:05,200
And I think that Bitcoin 
ultimately leads you towards 

792
00:46:05,200 --> 00:46:08,480
objective truth. 
And it is so difficult to ignore

793
00:46:08,520 --> 00:46:10,280
the objective truth of Jesus 
Christ. 

794
00:46:12,000 --> 00:46:13,440
Awesome. 
Well, thanks for sharing and 

795
00:46:13,440 --> 00:46:16,360
thanks for your time. 
And yeah, let's stay in touch. 

796
00:46:16,920 --> 00:46:18,440
Looking forward to it, Bram. 
Thanks so much. 

797
00:46:18,920 --> 00:46:19,640
Cheers. 
Thanks. 

798
00:46:20,280 --> 00:46:23,080
I hope you enjoyed this episode.
If you did, you can click here 

799
00:46:23,080 --> 00:46:26,440
to find more just like it and 
click here to find all Bitcoin 

800
00:46:26,440 --> 00:46:28,400
for Millennials podcast 
episodes. 

801
00:46:28,720 --> 00:46:31,840
Also, if you want to help me 
shine a light on the message of 

802
00:46:31,840 --> 00:46:36,000
Bitcoin, please like this video 
and subscribe to stay connected.

803
00:46:36,120 --> 00:46:37,880
I hope to see you for the next 
episode. 

804
00:46:38,200 --> 00:46:38,400
Bye.
